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The Racial Wealth Gap and Banking (+ the USPS) | LET’S CONNECT
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Banks across the country are closing branches – often in Black and Brown communities. And if you don’t have access to a bank, you’re left with costly alternatives like check cashing and payday lenders. In this episode, we connect banks to the millions of people who don’t have access to these basic financial services to the Post Office!
With a branch in every ZIP code nationwide and trust within the community, banking at the Post Office could create a public option needed to put millions of families in greater control of their money.
Postal banking won't close the wealth gap, but it's a start.
With a branch in every ZIP code nationwide and trust within the community, banking at the Post Office could create a public option needed to put millions of families in greater control of their money.
Postal banking won't close the wealth gap, but it's a start.
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