Postal Banking Act

referredUnited States· United States Congress· EN

Introduced

25 April 2018

Last action

25 April 2018 · Introduced

Status

Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

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 checking accounts and interest-bearing savings accounts in specified amounts, alone or in partnership with depository institutions and federal credit unions; transactional and remittance services; and other basic financial services in the public interest. It grants the USPS the power to: (1) set interest rates and fees for the financial instruments and products provided by the USPS that meet specified requirements, and (2) allow capitalization of an amount deemed necessary by the USPS to finance the services provided by this bill. The USPS: (1) shall not be granted a bank charter, become an insured depository institution, or engage in traditional banking activities such as lending; and (2) shall be subject to the provisions of the Uniform Commercial Code regarding bank deposits and collections.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

25 April 2018
Introduced
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Source: IntroReferral
25 April 2018
Introduced
Introduced in Senate
Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Introduced in Senate · 25 April 2018 · Download file

Documents

3 official files

Introduced in Senate (text)

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Introduced in Senate (text)
Introduced in Senate · EN · 25 April 2018
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Introduced in Senate (PDF)
Introduced in Senate · EN · 25 April 2018
View Download Open at official source
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Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Vertaal naar
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Introduced in Senate
summary · EN · 25 April 2018
Open at official source
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Vertaal naar
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Related records

related to → POSTAL Act of 2017
related to ← Postal Banking Act

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.

Official source: https://www.congress.gov/bill/115th-congress/senate-bill/2755
Open data entity: https://api.congress.gov/v3/bill/115/s/2755
us · 115-s-2755 · source updated 5 December 2025