ENGLEWOOD, Colo.--(BUSINESS WIRE)--
The Western Union Company (NYSE: WU), a leader in global payments, and
Citizens Bank today announced an agreement through which Citizens will
offer Western Union® global money transfer and expedited bill
payment services across all of its 219 branches in Michigan, Ohio and
“We saw an opportunity in our marketplace to offer alternative financial
services for our clients and for consumers who don’t regularly use
traditional bank services,” said
, Chief Marketing and
Communications Officer, Citizens Bank.
“As part of that strategy, we recently introduced a suite of reloadable
cards, which complements Western Union’s money movement services. We
believe Western Union’s experience, proven products and trusted brand
will help us to advance this strategy. We’re excited to provide these
convenient services to the communities we serve,” Forbes added.
Western Union’s services will be introduced over the next several months
and will allow Citizens Bank’s account holders and walk-in consumers to
send and receive domestic or international money transfers and make
urgent payments conveniently and quickly to an extensive biller network.
“Western Union provides customers a fast, dependable and convenient way
to move money across the U.S. and globally,” said Victoria
López-Negrete, senior vice president and general manager, North America,
Western Union. “Our agreement with Citizens Banks is part of Western
Union's strategy to work with leading banks and extend the Western
Union’s brand and services to a broader array of customers.”
For more information on Western Union services, visit www.westernunion.com.
About Citizens Bank
Citizens Bank is part of Citizens Republic Bancorp, Inc., a diversified
financial services company providing a wide range of commercial,
consumer, mortgage banking, trust and financial planning services to a
broad client base. Citizens Bank serves communities in Michigan, Ohio
and Wisconsin with 219 offices and 249 ATMs. Citizens is the largest
bank headquartered in Michigan with roots dating back to 1871. More
information about Citizens Bank is available at www.citizensbanking.com.
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.
Source: Western Union