Postal banking is very common in many countries. To save the Post Office let the Post Office provide a reasonable range of basic, low fee, CFPB-approved consumer banking services at every post office: international remittances, international money orders (they have some, but bring back near-global coverage), and simple interest-bearing deposit accounts with debit/ATM cards and bill paying. Your debit card would be compatible with government benefits (e.g. SNAP), and cardholders would be strongly encouraged to include their photo on the front. Card-not-present transactions would be allowed but only with a generated one-time use virtual card number. Cards would have chips, and magstripe transactions would be limited to $200 per day unless the account holder overrides the default. Limit cash deposits and withdrawals to the postal ATM to reduce the safety risk at post offices. No loans, no overdrafts. No foreign transaction fees. Simple Roth IRAs would be available but you only get one investment choice: your age-appropriate Vanguard "target" retirement index fund (assuming Vanguard bids the lowest cost to the consumer). No business accounts, no joint accounts, but you could designate a payable on death (POD) beneficiary. Accounts would be federally insured. To avoid "too big to fail" problems there would be regional postal banks, but there would be no cross-region postal ATM fees. Regional banks would be organized something like: Atlantic Postal Bank (PA, DE, MD, WV, DC), Cactus Postal Bank (TX, NM, AZ), Dixie Postal Bank (VA, NC, SC, GA), Gulf Postal Bank (FL, AL, MS, LA), Harvest Postal Bank (MN, NE, ND, SD, IA), Lakes Postal Bank (OH, IN, IL, MI, WI), Middle Postal Bank (KY, TN, AR, MO, KS, OK), Oceanic Postal Bank (AK, HI, GU, VI, PR, AA/AE/AP, MP, AS, FM, MH, PW), Pacific Postal Bank (CA, WA, OR), Rockies Postal Bank (WY, CO, MT, UT, ID, NV), and Yankee Postal Bank (NY, NJ, and New England).