It seems like an idea whose time has come. With one in four American households partially or entirely excluded from the current banking system, and with the U.S. Post Office in search of additional revenue, why not use the postal system to offer banking services to lower-income households?
In fact, this is an idea whose time has already come, more than once. Many nations -- among them Great Britain, Japan, Germany, Israel, and Brazil -- provide or have provided some form of postal banking services. So did the United States, until 1966.
It's hardly a radical idea. The U.S. system was voted into law in 1910, during the presidency of William Howard Taft.
http://www.huffingtonpost.com/rj-eskow/post-office-banking-could_b_47279...