1980 - for the first time in the history of Western Union revenues from money transfers exceeded the income from the telegraph service. Most service points of Western Union work in the time convenient for customers throughout the week and throughout the year. The Western Union Company is a financial services and communications company based in the United States. In 1849, Selden and Sibley, the founders of the future Western Union, created the New York State Printing Telegraph Company. Western Union made so that the time in all of American civil services was the same.