Some Black People Are 'Underbanked' But Postal Banking Could Change Things

  

Some Black People Are 'Underbanked' But Postal Banking Could Change Things




Source: VIEW press / Getty


A new pilot program at several U.S. Postal Service locations tests the potential for a new future of financial services. The program is limited to postal customers in select areas in Falls Church, Virginia; Baltimore, Maryland; Bronx, New York; and Washington, D.C. 

NBC News reported that customers could cash payroll or government checks of $500 or less. Customers will also have ATM access, bill payment, and expanded money orders and wire transfers.... Read more


via: https://kmojfm.com/wp/2021/10/some-black-people-are-underbanked-but-postal-banking-could-change-things-2/


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