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No domestic retailer is bigger or more sprawling than the United States Postal Service (USPS), which accepts cash, checks and credit cards at 37,000 postal units nationwide. Yet, few corporations have been able to consolidate banking relationships to the degree achieved by the USPS, which has downsized to a mere 21 major relationship banks by 2004 with about 82 bank accounts, from 5,500 banks in 1992. The USPS is now in the midst of a national RFP to consolidate even further. While the consolidation alone saved the USPS almost $25 million, David C. Kosturko, the USPS corporate treasury/bank relations specialist, will tell you that the USPS is far from done wringing out savings.

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