Roughly 40% Of Post Offices Operate In The Red. Could Banking Offer Them A Way Out?

May 01, 2021
The U.S. has more than 31,000 post offices, but a recent report found that 42% of them were underwater in 2019. Here

Most post offices that don't meet their costs are in rural areas, but Congress has blocked them from being closed. Democrats like Alexandria Ocasio-Cortez say postal banking might offer a solution.

(Image credit: Stephen Groves/AP)



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