Redstone Federal Credit Union’s Right Choice Money Services for the underserved unit has signed with Western Union to offer the company’s global funds-transfer and online funds-transfer services through branches in Alabama, the financial institution announced May 31.

Huntsville, Ala.-based Redstone is the second credit-union giant in two days to unveil a deal with Western Union, following Iowa’s Veridian Credit Union’s May 30 announcement.

"This agreement with Western Union will give our customers access to the financial services they need," said Peter Alvarez, general manager, Right Choice Money Services, a wholly owned credit union service organization of the $3.2 billion Redstone.

Right Choice Money Services customers will have the ability to send and receive domestic or international funds transfers quickly and conveniently, with funds accessible for pay out at more than 500,000 Western Union agent locations in more than 200 countries and territories. They also will be able to make urgent payments across an extensive biller network.

The Right Choice Money Services outlets offer traditional checking and savings accounts alongside prepaid cards, funds transfers and bill payments.

What do you think about this? Send us your feedback. Click Here.

 

Subscribe Now

Authoritative analysis and perspective for every segment of the payments industry

14-Day Free Trial

Authoritative analysis and perspective for every segment of the industry