Western Union Extends Its Relationship with La Banque Postale ENGLEWOOD, Colo., Feb 05, 2007 (BUSINESS WIRE) -- The Western Union Company (NYSE: WU) today announced that it has renewed its relationship with La Banque Postale. The new agreement will enable Western Union to pursue a successful business strategy as it continues to create rich opportunities by strengthening the Western Union brand and its relationships with Agents. With approximately 29 million customers, La Banque Postale operates one of France's largest financial services networks. They have a bank license that allows them to offer a wide range of financial services. In October 2006, Western Union and La Banque Postale celebrated 10 years of working together. The agreement with La Banque Postale promises to increase Western Union's reach throughout France. Presently, Western Union and its agents operate more than 3,000 locations across France, and customers carry out millions of Western Union Money Transfers annually with La Banque Postale. Both organizations also manage a successful joint venture "La Societe Financiere de Paiements" (SFdP) which, along with its correspondents, manages a network of 46 branches located in France's major cities.