The Public Bank That Wasn't: New Jersey's Excursion Into Public Banking
#bank #philmurphy #banks #public #publicbank #publicbanking #postalbanking
https://popularresistance.org/the-public-bank-that-wasnt-new-jerseys-excursion-into-public-banking/
The USPS, Canada Post and Royal Mail should all transform themselves into Public Banks. The infrastructure is already there.
@br00t4c
> Canada Post offered banking services via its Post Office Savings Bank, created by the Post Office Act in April 1868, less than a year following the nation's confederation. A century later, the Post Office Savings Bank was shut down in 1968–69. Since at least the early 2010s, postal banking has been discussed and studied periodically, with postal unions backing the idea. Canada Post began rolling out postal banking services in late 2022, in partnership with TD
https://en.m.wikipedia.org/wiki/Postal_savings_system#Canada
