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Press release from Business Wire

Western Union Signs Veridian Credit Union

Wednesday, May 30, 2012

Western Union Signs Veridian Credit Union08:00 EDT Wednesday, May 30, 2012 ENGLEWOOD, Colo. (Business Wire) -- The Western Union Company (NYSE: WU), a leader in global payments, and Veridian Credit Union today announced an agreement for Veridian to offer consumers Western Union® global money-transfer and expedited bill payment services across all Veridian Credit Union's 26 branches in Iowa. “We are pleased to work with Western Union to offer money movement and payment services,” Mark Koppedryer, vice president of Branch Services, Veridian Credit Union, said. “At Veridian our members look for reliable and convenient value-added money movement services that we know Western Union can provide. This will allow us to offer a broad suite of products and services to meet the needs of our members while continuing to deliver an outstanding member experience.” Through the agreement with Western Union, Veridian Credit Union members will have the ability to send and receive domestic or international money transfers with funds accessible for pay-out at more than 500,000 Western Union® Agent locations in more than 200 countries and territories, and make urgent payments conveniently and quickly to an extensive biller network. “Western Union delivers convenience, flexibility and an excellent customer experience – enabling consumers to send money around the corner and the world,” said Victoria López-Negrete, senior vice president and general manager, North America, Western Union. “Western Union is changing quickly and this agreement with Veridian builds on our company's continued focus to work with leading credit unions and banks to provide best-in-class value-added services to customers.” Western Union services have been launched across all of Veridian's 26 branches in Iowa. Plans also include offering Western Union online services to Veridian's online banking members. For more information on Western Union services, visit www.westernunion.com. About Veridian Credit Union Veridian Credit Union, founded in 1934 in Waterloo, Iowa, is a not-for-profit financial cooperative owned by its members. The credit union offers a full range of consumer financial services and employs more than 500 Iowans throughout 26 branches. For more information, visit www.veridiancu.org or call (800) 235-3228. About Western Union The Western Union Company is a leader in global payment services. Together with its Vigo, Orlandi Valuta, Pago Facil and Western Union Business Solutions branded payment services, Western Union provides consumers and businesses with fast, reliable and convenient ways to send and receive money around the world, to send payments and to purchase money orders. As of April 24, 2012, the Western Union, Vigo and Orlandi Valuta branded services were offered through a combined network of approximately 500,000 agent locations in 200 countries and territories. In 2011, The Western Union Company completed 226 million consumer-to-consumer transactions worldwide, moving $81 billion of principal between consumers, and completed 425 million business payments. WU-G Western UnionL?Teisha Ryan, +1-303-478-9029lteisha.ryan@westernunion.com