New york postoffice. Picture by John Donges.

The U.S. postoffice on Martin Luther King, Jr. Blvd. is a bastion on its Harlem block. Entrenched beside a pawnshop, a cash-for-gold company, and a commercial bank numerous within the neighbor hood are not able to make use of, the center is actually a fortress. Filled with hefty stone walls, metal displays, vaults, ATMs, and trucks that are armored the premises evoke one word: protection. If you’ve followed current news, in addition they recommend an extra term: Bank.

Post workplaces are designed like banking institutions.

And that’s only one good reason why postal banking, a hot concept in financial policy debates, is viable.

更多…