[doc1019]

LOL!

I believe that it was called “United States Postal Savings Bank” initiated in 1910.

Thanks for the reminder. ;-)

[muawiyah]

There were earlier efforts ~ mostly legislative attempts to set up a small savings bank and postal giro like European and United Kingdom postal services.

I simply cannot recall the Socialists making a big deal out of banks ~ in fact, most of the old Fabians and their running dog lackeys probably thought of bankers as useless eaters.

The Commies thought they could run an economy without money/money. That early experiment by Lenin lasted almost as long as the "no visible rank" Army insignia.