Save the Post Office and give the working poor a break.

This is such an excellent idea.  There is NO Bank in many small villages (Alaska) and towns in the Lower 48.  This could help the Post Office and help so many people as well.  The Post Office if vital to small towns and Alaskan Villages.

Some officials have pitched the idea of the postal service expanding into “non-bank” financial services, carefully designed to complement rather than directly compete with Wall Street. In a recent white paper, the USPS Inspector General’s office suggested that local post offices could offer products such as international money transfers, small short-term loans and prepaid debit cards for bills or everyday purchases. To fulfill needs unmet by big banks, these financial services would ideally be targeted toward “low-income areas like rural communities and inner cities.”

http://billmoyers.com/2014/02/22/heres-a-plan-to-save-the-post-office-and-give-the-working-poor-a-break/