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USPS Launches Check-Cashing Pilot Program Quietly; NAFCU Loudly Pushes Back

NAFCU officials ask lawmakers to end this program that started last month.

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

Under the radar and with very little public notice, the United States Postal Service began a check-cashing pilot program on Sept. 13 at four urban post offices. Nearly a month later, credit union and banking trade groups, as well as the national media, discovered what has been going on.

Reaction from the trade groups has been, to put it mildly, aggressively against the program.

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Michael Ogden

Michael Ogden

Editor-in-Chief for CU Times. To connect, email at [email protected].

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