Announcing the collaboration between two firms, Veridian Credit Union branch services vice president Mark Koppedryer said the firm is pleased to work with Western Union to offer money movement and payment services.

"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," Koppedryer added.

As per the deal, Veridian Credit Union members can send and receive domestic or international money transfers with funds accessible for pay-out at more than 500,000 Western Union Agent locations in over 200 geographies and territories.

Western Union North America senior vice president and general manager Victoria López-Negrete said, "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."