Postal Service Banking Limps On Despite Lackluster Results of Pilot Program
US Postal Service advocates are still pushing the USPS check cashing service despite dismal results from the initial pilot, which they blame on poor scope and planning. But those in the bank and credit union industries still feel it’s unnecessary reports David Baumann.
USPS Banking Pilot Faces Legality Issues From Multiple Opponents
In September of 2021, the United States Postal Service announced it would begin a new program at a few select offices wherein people could cash their paychecks or business checks in exchange for gift cards. Participants could cash checks up to $500. The program at the time was met with...