‘Nonbanks’ Face New Federal Scrutiny
Lenders making payday loans, private student loans and mortgages generally operate with less oversight than banks, a factor in some of the more disastrous economic meltdowns that have plagued consumers …
Post Office Banking: It’s Not Just About the Money
Would you open a bank at the post office? The issue is on the congressional agenda, following the proposed Postal Banking Act that would establish permanent essential financial services in …
Postal Banking Getting a Trial Run
With little fanfare, the Postal Service is trying an experiment that could be a life-changer for low-income Americans without a bank account. At selected post offices, consumers can cash their …
Postal Banking Movement Gaining Supporters
You might not think of going to the post office to cash a check or take out a small loan. But that’s something that happens routinely in countries all over …