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USPS isn't a company, it's a government department which provides a public service (deliver mail at very low prices). Because the USPS has so many branches all
by DonsDiscountGas 3y ago
USPS isn't a company, it's a government department which provides a public service (deliver mail at very low prices). Because the USPS has so many branches all over the country, many people (myself included) think it would be a good idea to also offer banking services and so that the unbanked can become banked. Even just a basic checking account would mean people don't have to pay check-cashing fees anymore.
- astrange 3y agoYou don't need branches all over the country to be a bank. They're only really useful if you want to deposit cash.