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New York City U.S. Post Office branch. New York City U.S. Post Office branch (Image: Shutterstock).

Although the topic was barely mentioned during a five-hour House hearing Wednesday, it appears that postal banking is back on the table as Congress and the United States Postal Service begin the process of overhauling the service.

Postmaster General Louis DeJoy told the House Oversight and Reform Committee that he is developing a long-term plan to make the Postal Service profitable. He said that plan is likely to be released in March.

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David Baumann


Credit Union Times

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