S.3891: Postal Banking Act

About This Bill

Bill Cosponsors

2 (1 Democrat, 1 Independent Democrat)

Bill Version

Bill Summary

Postal Banking Act This bill grants the U.S. Postal Service (USPS) the power to provide basic financial services, including low-cost, small-dollar loans, in specified amounts; small dollar lending servicing, which shall ensure that the customer's access to the products and the public interest is given significant consideration; small checking accounts and interest-bearing savings accounts in specified amounts; transactional and remittance...

(Source: Library of Congress)

Bill Actions

Date Description
March 22, 2022
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
March 22, 2022

Introduced in the Senate by Kirsten E. Gillibrand (D-N.Y.)

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