Seeking to reach the unbanked, the United States Postal Savings System provided a federally insured savings alternative …s. However, even during the earliest period, Postal Savings was only a partial substitute for traditional banks, as … locations with banks often heavily used postal savings …

Seeking to reach the unbanked, the United States Postal Savings System provided a federally insured savings alternative …s. However, even during the earliest period, Postal Savings was only a partial substitute for traditional banks, as … locations with banks often still heavily used postal savings.Institutional subscribers to the NBER working paper series, and …

Seeking to reach the unbanked, the United States Postal Savings System provided a federally insured savings alternative …s. However, even during the earliest period, Postal Savings was only a partial substitute for traditional banks, as … locations with banks often still heavily used postal savings …