WATERLOO (KWWL) – The US Postal Service is continuing to slash services nationwide. More than 200 mail processing centers will be consolidated or closed. It’s bad news for many mail centers and their employees, but there’s actually good news here in eastern Iowa. Both the Waterloo and Cedar Rapids mail processing centers will stay open. The two facilities were being studied for possible consolidation with other processing centers. While there’s a big sigh of relief, some fear the bleeding from Post Office cuts is far from over.