This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Western Union And Woodforest National Bank Sign Multi-Year Agreement

Stocks in this article: WU

The Western Union Company (NYSE: WU), a leader in global payment services, today announced a multi-year renewal agreement with Woodforest National Bank .

Under the terms of the agreement, Woodforest National Bank will continue to offer the global Western Union Money Transfer ® service across its branch network. Woodforest will also introduce online account-based Western Union Money Transfer transactions to account holders in 2013.

“Our decision to renew our agreement with Western Union supports Woodforest’s commitment to offer customers expanded financial services,” said Julie V. Mayrant, president, retail division, Woodforest National Bank. “We are pleased to continue to provide the convenience of the Western Union global money transfer service across our banking centers, and now online to all account holders.”

Western Union moves money in minutes to consumers in more than 200 countries and territories worldwide. Consumers can access Western Union services through multiple channels, including banks, local retail stores, www.westernunion.com, and their mobile phones. Western Union services, which have evolved over 160 years, quickly and reliably connect people and businesses with each other around the world.

Carter Hunt, senior vice president of commercial sales, Western Union, added, “At Western Union, we are combining our traditional strengths – a globally recognized brand and retail presence – with web, stored value cards and accounts, mobile services and cross-border platforms to meet the needs of today’s customers and global businesses.”

“Western Union understands the retail banking industry and works with some of the world’s leading financial institutions,” continued Hunt. “We look forward to continuing to work with Woodforest National Bank in offering their customers global money transfer services.”

About Western Union

The Western Union Company (NYSE: WU) 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 December 31, 2012, the Western Union, Vigo and Orlandi Valuta branded services were offered through a combined network of approximately 510,000 agent locations in 200 countries and territories. In 2012, The Western Union Company completed 231 million consumer-to-consumer transactions worldwide, moving $79 billion of principal between consumers, and 432 million business payments. For more information, visit www.westernunion.com.

About Woodforest National Bank

For over 30 years, Woodforest National Bank has successfully stood among the strongest community banks in the nation, proudly offering unsurpassed quality customer service since 1980. Woodforest National Bank offers both consumer and business products and services at more than 788 branches in 17 states across the United States. For more information, visit www.woodforest.com.

WU-G

WU-F



1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,584.47 -30.34 -0.18%
S&P 500 1,946.02 +4.74 0.24%
NASDAQ 4,424.3030 +4.8250 0.11%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs