b'CREDIT CARD\nACCOUNT\nOPENING\nDISCLOSURE\n\nVISA GOLD\nThis Disclosure is incorporated into and becomes part of Your LOANLINER\xc2\xae Consumer Credit Card Agreement &\nDisclosure. Please keep this attached to Your LOANLINER Consumer Credit Card Agreement & Disclosure.\nInterest Rates and Interest Charges\nAnnual Percentage Rate (APR) for\nPurchases\nAPR for Balance Transfers\nAPR for Cash Advances\n\n8.25%\nThis APR will vary with the market based on the Prime Rate.\n8.25%\nThis APR will vary with the market based on the Prime Rate.\n8.25%\nThis APR will vary with the market based on the Prime Rate.\n\nPaying Interest\n\nYour due date is at least 25 days after the close of each billing cycle. We will\nnot charge You any interest on purchases if You pay Your entire balance by\nthe due date each month. We will begin charging interest on cash advances\nand balance transfers on the transaction date.\n\nFor Credit Card Tips from the\nConsumer Financial Protection Bureau\n\nTo learn more about factors to consider when applying for or using a\ncredit card, visit the website of the Consumer Financial Protection\nBureau at http://www.consumerfinance.gov/learnmore.\n\nFees\nTransaction Fees\n- Cash Advance Fee\n- Foreign Transaction Fee\n\n$3.00 or 2.00% of the amount of each cash advance, whichever is greater\nNone\n\nPenalty Fees\n- Late Payment Fee\n- Over-the-Credit Limit Fee\n\nUp to $25.00\nNone\n\nHow We Will Calculate Your Balance:\nWe use a method called "average daily balance (including new purchases)." See Your Account Agreement for more\ndetails.\nBilling Rights:\nInformation on Your rights to dispute transactions and how to exercise those rights is provided in Your Account\nAgreement.\nMilitary Lending Act Disclosures:\nFederal law provides important protections to members of the Armed Forces and their dependents relating to extensions\nof consumer credit. In general, the cost of consumer credit to a member of the Armed Forces and his or her dependent\nmay not exceed an annual percentage rate of 36 percent. This rate must include, as applicable to the credit transaction or\naccount: The costs associated with credit insurance premiums; fees for ancillary products sold in connection with the\ncredit transaction; any application fee charged (other than certain application fees for specified credit transactions or\naccounts); and any participation fee charged (other than certain participation fees for a credit card account).\nPlease call us at (800) 236-5898 to receive oral disclosures of the Military Lending Act disclosure above and a description\nof the payment obligation.\nOther Fees & Disclosures:\nLate Payment Fee:\n$25.00 or the amount of the required minimum payment, whichever is less, if You are 10 or more days late in making a\npayment. If Your Account is subject to a Late Payment Fee, the fee will be charged to Your Account when You do not\nSEE NEXT PAGE for more important information about Your Account.\n\xc2\xa9 CUNA Mutual Group 2009, 10, 12, 16 All Rights Reserved\n\n04802327-MXC20-P-2-092818 (MXC201-E)\n\n\x0cmake the required minimum payment by or within the number of days of the statement Payment Due Date set forth on this\nDisclosure.\nCash Advance Fee (Finance Charge):\n$3.00 or 2.00% of the amount of each cash advance, whichever is greater. If Your Account is subject to a Cash Advance\nFee (finance charge), the fee will be charged to Your Account when You obtain a cash advance from an ATM, the Credit\nUnion or other financial institution.\nReturned Convenience Check Fee:\n$26.00 or the amount of the returned convenience check, whichever is less. If Your Account is subject to a Returned\nConvenience Check Fee, the fee will be charged to Your Account when a convenience check is returned for any reason.\nCard Replacement Fee:\n$5.00. If Your Account is subject to a Card Replacement Fee, a fee will be charged for each replacement Card that is\nissued to You for any reason.\nDocument Copy Fee:\n$5.00 . If Your Account is subject to a Document Copy Fee, except as limited by applicable law, a fee may be charged to\nYour Account for each copy of a sales draft or statement that You request (except when the request is made in\nconnection with a billing error made by the Credit Union).\nRush Fee:\n$25.00. If Your Account is subject to a Rush Fee, except as limited by applicable law, a fee may be charged to Your\nAccount for each rush Card that You request, providing that delivery of the Card is also available by standard mail service,\nwithout paying a fee for delivery.\nStatement Copy Fee:\n$5.00 . If Your Account is subject to a Statement Copy Fee, except as limited by applicable law and when the request is\nmade in connection with a billing error made by the Credit Union, a fee may be charged to Your Account for each copy of\na sales draft or statement that You request.\nPicture My Card Fee:\n$10.00. If Your Account is subject to a Picture My Card Fee, except as limited by applicable law, a fee may be charged to\nYour Account each time you request a personalized design on Your credit card.\nPeriodic Rates:\nThe Purchase APR is 8.25% which is a daily periodic rate of 0.0226% .\nThe Balance Transfer APR is 8.25% which is a daily periodic rate of 0.0226% .\nThe Cash Advance APR is 8.25% which is a daily periodic rate of 0.0226% .\nVariable Rate:\nThe ANNUAL PERCENTAGE RATE may increase in the future. The ANNUAL PERCENTAGE RATE is subject to change\non the first day of the billing cycle monthly to reflect any change in the Index and will be determined by the Prime Rate on\nthe first day of each calendar month, to which We add a margin. Any increase in the ANNUAL PERCENTAGE RATE will\nresult in an increase in the amount of the interest You will pay, may increase Your minimum payment, and may increase\nthe number of payments to pay off Your balance. If the Index is no longer available, the Credit Union will choose a new\nindex which is based upon comparable information.\nMargin:\nPurchases will be charged at 3.00% above the Index.\nBalance Transfers will be charged at 3.00% above the Index.\nCash Advances will be charged at 3.00% above the Index.\n\n\xc2\xa9 CUNA Mutual Group 2009, 10, 12, 16 All Rights Reserved\n\n04802327-MXC20-P-2-092818 (MXC201-E)\n\n\x0c'


b'APPLICATION AND\nSOLICITATION\nDISCLOSURE\nVISA PLATINUM/VISA SIGNATURE\n\nInterest Rates and Interest Charges\nAnnual Percentage Rate (APR) for\nPurchases\n\nVisa Platinum\n\n7.90% to 17.90% , based on your creditworthiness.\nVisa Signature\n\n12.25% to 19.25% , when you open your account, based on your\ncreditworthiness. This APR will vary with the market based on the Prime\nRate.\nAPR for Balance Transfers\n\nAPR for Cash Advances\n\nVisa Platinum\n7.90% to 17.90% , based on your creditworthiness.\nVisa Signature\n12.25% to 19.25% , when you open your account, based on your\ncreditworthiness. This APR will vary with the market based on the Prime\nRate.\nVisa Platinum\n7.90% to 17.90% , based on your creditworthiness.\nVisa Signature\n12.25% to 19.25% , when you open your account, based on your\ncreditworthiness. This APR will vary with the market based on the Prime\nRate.\n\nHow to Avoid Paying Interest on\nPurchases\n\nYour due date is at least 25 days after the close of each billing cycle. We will\nnot charge you any interest on purchases if you pay your entire balance by\nthe due date each month.\n\nFor Credit Card Tips from the\nConsumer Financial Protection Bureau\n\nTo learn more about factors to consider when applying for or using a\ncredit card, visit the website of the Consumer Financial Protection\nBureau at http://www.consumerfinance.gov/learnmore.\n\nFees\nAnnual Fee\n- Annual Fee\nTransaction Fees\n- Cash Advance Fee\n- Foreign Transaction Fee\nPenalty Fees\n- Late Payment Fee\n- Over-the-Credit Limit Fee\n\nNone\n$3.00 or 2.00% of the amount of each cash advance, whichever is greater\nNone\nUp to $25.00\nNone\n\nHow We Will Calculate Your Balance: We use a method called "average daily balance (including new purchases)."\nEffective Date: The information about the costs of the card described in this application is accurate as of: October 03, 2018\nThis information may have changed after that date. To find out what may have changed, contact the Credit Union.\n\n.\n\nSEE NEXT PAGE for more important information about your account.\n\xc2\xa9 CUNA Mutual Group 2009, 10, 12, 16 All Rights Reserved\n\n04802327-MXC10-C-2-092818 (MXC101-E)\n\n\x0cFor California Borrowers, the Visa Platinum and Visa Signature are secured credit cards. Credit extended under\nthis credit card account is secured by various personal property and money including, but not limited to: (a) any\ngoods you purchase with this account, (b) any shares you specifically pledge as collateral for this account on a\nseparate Pledge of Shares, (c) all shares you have in any individual or joint account with the Credit Union\nexcluding shares in an Individual Retirement Account or in any other account that would lose special tax\ntreatment under state or federal law, and (d) collateral securing other loans you have with the Credit Union\nexcluding dwellings. Notwithstanding the foregoing, you acknowledge and agree that during any periods when\nyou are a covered borrower under the Military Lending Act your credit card will be secured by any specific\nPledge of Shares you grant us but will not be secured by all shares you have in any individual or joint account\nwith the Credit Union. For clarity, you will not be deemed a covered borrower if: (i) you establish your credit card\naccount when you are not a covered borrower; or (ii) you cease to be a covered borrower.\nOther Fees & Disclosures:\nLate Payment Fee: $25.00 or the amount of the required minimum payment, whichever is less, if you are 10 or more days\nlate in making a payment.\nCash Advance Fee (Finance Charge): $3.00 or 2.00% of the amount of each cash advance, whichever is greater.\nReturned Convenience Check Fee: $26.00 or the amount of the returned convenience check, whichever is less.\nCard Replacement Fee: $5.00.\nDocument Copy Fee: $5.00.\nRush Fee: $25.00.\nStatement Copy Fee: $5.00.\nPicture My Card Fee: $10.00.\n\n\xc2\xa9 CUNA Mutual Group 2009, 10, 12, 16 All Rights Reserved\n\n04802327-MXC10-C-2-092818 (MXC101-E)\n\n\x0c'


b'Credit Card\nAgreement\nand Truthin-Lending\nDisclosure\n\n24-Hour Loan Center: 866.933.6333\nMichiganFirst.com\n\nFederally insured by the\nNational Credit Union Administration.\n\nRevised 06/2021 SLIMF150\n\nRewards.Visa.Truth in.Lending.12.2020.pdf 1\n\n06/25/21 5:04 PM\n\n\x0c501578_5B MIFCU1 12_24.QXD_Layout 1 12/28/11 1:38 PM Page 13\n\nTo use this right, all of the following must be true:\n1. The purchase must have been made in your home\nstate or within 100 miles of your current mailing address,\nand the purchase price must have been more than $50.\n(Note: Neither of these are necessary if your purchase\nwas based on an advertisement we mailed to you, or if we\nown the company that sold you the goods or services.)\n2. You must have used your credit card for the\npurchase. Purchases made with cash advances from an\nATM or with a check that accesses your credit card\naccount do not qualify.\n3. You must not yet have fully paid for the purchase.\nIf all of the criteria above are met and you are still\ndissatisfied with the purchase, contact us in writing [or\nelectronically] at:\nMichigan First Credit Union\n27000 Evergreen Road\nLathrup Village, MI 48076\nWhile we investigate, the same rules apply to the\ndisputed amount as discussed above. After we finish our\ninvestigation, we will tell you our decision. At that point,\nif we think you owe an amount and you do not pay, we\nmay report you as delinquent.\n\n13\n\nRewards.Visa.Truth in.Lending.12.2020.pdf 2\n\n06/25/21 5:04 PM\n\n\x0c501578_5B MIFCU1 12_24.QXD_Layout 1 12/28/11 1:38 PM Page 12 501578_5B MIFCU1 12_24.QXD_Layout 1 12/28/11 1:38 PM Page 1\n\nWhat Will Happen After We Receive Your Letter\nWhen we receive your letter, we must do two things:\n1. Within 30 days of receiving your letter, we must tell\nyou that we received your letter. We will also tell you if\nwe have already corrected the error.\n2. Within 90 days of receiving your letter, we must\neither correct the error or explain to you why we believe\nthe bill is correct.\nWhile we investigate whether or not there has been an\nerror:\n\xe2\x80\xa2 We cannot try to collect the amount in question, or\nreport you as delinquent on that amount.\n\xe2\x80\xa2 The charge in question may remain on your\nstatement, and we may continue to charge you\ninterest on that amount.\n\xe2\x80\xa2 While you do not have to pay the amount in question,\nyou are responsible for the remainder of your\nbalance.\n\xe2\x80\xa2 We can apply any unpaid amount against your credit\nlimit.\n\xe2\x80\xa2 After we finish our investigation, one of two things\nwill happen:\n\xe2\x80\xa2 If we made a mistake: You will not have to pay the\namount in question or any interest or other fees\nrelated to that amount.\n\xe2\x80\xa2 If we do not believe there was a mistake: You will\nhave to pay the amount in question, along with\napplicable interest and fees. We will send you a\nstatement of the amount you owe and the date\npayment is due. We may then report you as\ndelinquent if you do not pay the amount we think you\nowe.\nIf you receive our explanation but still believe your bill is\nwrong, you must write to us within 10 days telling us that\nyou still refuse to pay. If you do so, we cannot report you\nas delinquent without als o reporting that you are\nques tioning your bill. We mus t tell you the name of\nanyone to whom we reported you as delinquent, and we\nmust let those organizations know when the matter has\nbeen settled between us.\nIf we do not follow all of the rules above, you do not\nhave to pay the first $50 of the amount you question even\nif your bill is correct.\nYour Rights If You Are Dissatisfied With Your\nCredit Card Purchases\nIf you are dissatisfied with the goods or services that you\nhave purchased with your credit card, and you have tried\nin good faith to correct the problem with the merchant,\nyou may have the right not to pay the remaining amount\ndue on the purchase.\n\n12\n\nRewards.Visa.Truth in.Lending.12.2020.pdf 3\n\nMICHIGAN FIRST CREDIT UNION\n\nCREDIT CARD AGREEMENT\nAND TRUTH-IN-LENDING DISCLOSURE\nTHIS IS YOUR AGREEMENT WITH MICHIGAN\nFIRST CREDIT UNION (CREDIT UNION) REGARDING\nRIGHTS AND RESPONSIBILITIES ASSOCIATED\nWITH OBTAINING A VISA\xc2\xae CREDIT CARD. THE\nDISCLOSURE STATEMENTS THAT FOLLOW\nARE REQUIRED BY FEDERAL REGULATIONS,\nINCLUDING THE TRUTH IN LENDING AND FAIR\nCREDIT BILLING ACTS. PLEASE READ THIS\nDISCLOSURE CAREFULLY TO BE FAMILIAR WITH\nYOUR RIGHTS AND RESPONSIBILITIES. IT IS\nIMPORTANT TO RETAIN THIS NOTICE FOR FUTURE\nREFERENCE AND TO NOTIFY US AT ONCE IF ANY\nPARTS ARE UNCLEAR.\n1. WORDS OFTEN USED IN THIS AGREEMENT.\nThe word \xe2\x80\x9cAgreement\xe2\x80\x9d means this Michigan First Credit\nUnion Credit Card Agreement and Truth-in-Lending\nDisclosure and the document provided to you along with\nthis agreement and disclosure containing Credit Card\nAccount Opening Disclosures and information concerning\nHow Your Annual Percentage Rate is Determined. In this\nAgreement, the words \xe2\x80\x9cyou\xe2\x80\x9d and \xe2\x80\x9cyour\xe2\x80\x9d mean or refer to\neach and all persons who have applied for the Card or\nCards. \xe2\x80\x9cCard\xe2\x80\x9d means the Visa Credit Card or Cards, and\nany duplicates and renewals thereof, or substitutions\nthereof, we may issue to you. \xe2\x80\x9cAccount\xe2\x80\x9d means your Visa\nCredit Card line of credit loan account with us. \xe2\x80\x9cWe,\xe2\x80\x9d \xe2\x80\x9cus\xe2\x80\x9d\nand \xe2\x80\x9cours\xe2\x80\x9d means or refers to Michigan First Credit Union\nand the document provided to you along with this\nagreement and disclosure containing Credit Card Account\nOpening Disclosures and information concerning How\nYour Annual Percentage Rate is Determined.\n2. THIS IS YOUR CONTRACT WITH US. Once this\nAgreement is sent to you, it becomes a binding contract.\nWhen you (i) signed a paper application for your Account, (ii)\ncompleted an on-line application for your account, (iii)\napplied for your Account by calling our Call Center, or (iv)\napplied for your account in person with one of our Financial\nSales Representatives, you acknowledged that you would\nreceive a copy of this Agreement and promised to abide by\nthe terms of this Agreement, including all applicable laws.\nThis Agreement is a Truth-In-Lending Disclosure Statement\nas well as a contract.\n3. SIGN THE CARD. Your Card(s) have been embossed\nas you have directed. Each Card must be signed (in the space\nprovided on the back) by the person whose name is embossed\nthereon. That signature must be in the same form as embossed\non the front of the Card. However, your liability under this\nAgreement does not depend on whether you sign your Card.\n4. USING THE CARD. By using this Card, you are\nagreeing to comply with the terms of this Agreement. To\nmake a Purchase or Cash Advance, present the Card to a\nparticipating Visa plan merchant or financial institution and\nsign the sales draft or cash advance draft (when required)\nwhich will be imprinted with your Card or generated after\nyour Card\xe2\x80\x99s number has been magnetically read or\notherwise provided. Please note that we are not responsible\n1\n\n06/25/21 5:04 PM\n\n\x0c501578_5B MIFCU1 12_24.QXD_Layout 1 12/28/11 1:38 PM Page 2\n\nif a particular Visa plan merchant or financial institution\nrefuses\nto honor\nyour Card.orYou\ncan receive\na copy of any\nif a particular\nVisa\nplan merchant\nfinancial\ninstitution\nyouyour\nsignCard.\nor a corresponding\ntransaction\nrefuses todraft\nhonor\nYou can receive\na copy ofslip when\nshould retaintransaction\nall such items\nany draftusing\nyou the\nsignCard.\nor aYou\ncorresponding\nslip to verify\nyourthe\nmonthly\nstatement.\nwillall\nupon\nrequest\nyou\nwhen using\nCard. You\nshouldWe\nretain\nsuch\nitemsfurnish\nto\nwithmonthly\na copy statement.\nof a draft You\nfor amay\ncharge\nverify your\nuse per\nyourcopy;\nCardhowever,\nwill be no\ncases involving\nerrorfor\nresolution.\nto makethere\npurchases\nandcharge\ncash inadvances\nprimarily\nmayoruse\nyour Card\nto make\npurchases\npersonal,You\nfamily,\nhousehold\npurposes.\nIn addition,\nyouand cash\nadvances\nprimarily\nforthe\npersonal,\nfamily,\nhousehold\nmay obtain\ncash advances\nfrom\nCredit Union\nor or\nfrom\npurposes.\nIn addition,that\nyouaccept\nmay obtain\nadvances\nfrom\nother financial\ninstitutions\nVisacash\nCards\nor\nthe accept\nCredit Visa\nUnionCards.\nor from\nother financial\ninstitutions\nthat\nATMs that\nWhenever\nyou request\na\naccept\nCards\nor ATMs\nthatyour\naccept\nVisa Cards.\ntransaction,\nyou Visa\nmay be\nrequired\nto prove\nidentity.\nWhenever\nrequestappears\na transaction,\nmay be required\nWhen the\namount you\nadvanced\non a you\nsubsequent\nto that\nprove\nyour identity.\nWhen\namount advanced\nstatement,\nstatement\nreference\nwill the\nbe conclusive\non a To\nsubsequent\nstatement,\nevidenceappears\nof the request.\nobtain an advance\nat anthat\nATMstatement\nwill be conclusive\nevidence\nof the\nrequest. To\nyou mustreference\nuse a Personal\nIdentification\nNumber\n(PIN)\nan use\nadvance\nat an\nATM you must use a Personal\nthat was obtain\nissued for\nwith the\nCard.\nIdentification Number (PIN) that was issued for use with\n5. ILLEGAL\nTRANSACTIONS. You agree that you\nthe Card.\nwill only use\nAccount\nfor transactions that\nareagree\nlegal that you\n5. your\nILLEGAL\nTRANSACTIONS.\nYou\nwhere you\nreside.\nDisplay\na payment\ncard logo bythat\nan are legal\nwill\nonly use\nyourof\nAccount\nfor transactions\nonline merchant\ndoes\nnot Display\nmean that\ntransaction\nwithby an onwhere you\nreside.\nof athe\npayment\ncard logo\nline merchant\ndoes not\nthatYou\nthe agree\ntransaction\nthat merchant\nis legal where\nyoumean\nreside.\nnot towith that\nis legal\nwhere\nyou reside.\nnot to use\nuse your merchant\nCard for any\nillegal\ntransactions.\nWeYou\nwillagree\nnot be\nyourengage\nCard for\nliable if you\nin any illegal\nillegal transactions.\ntransactions.We will not be liable\nif you engage\nin any\nillegal\ntransactions.\n6. PROMISE\nTO PAY.\nYou\npromise\nto repay to us all\n6. FINANCE\nPROMISE CHARGE\nTO PAY. You\npromise\nto repay\ndebts and the\nthereon\narising\nfrom to us all\ndebts and\nfrom\nany authorized\nusethe\nofFINANCE\nthe Card. CHARGE\nYou agreethereon\nnot toarising\nlet\nuse without\nof the Card.\nYou agree\nnot to let\nsomeone any\nelseauthorized\nuse the card\nour consent.\nIf the\nsomeone else use the card without our consent. If the\napplication was signed by two persons, the Account is\napplication was signed by two persons, the Account is\njoint: that is, each of you, separately and jointly with\njoint; that is, each of you, separately and jointly with each\neach other,\nis is\nliable\ndebts on\nonthe\ntheAccount\nAccount\nother,\nliablefor\nforall\nall debts\nandand\nFINANCE\nFINANCE\nCHARGE(S).\nYour\nobligation\npay\nsuchdebts and\nCHARGE(S).\nYour\nobligation\nto to\npay\nallallsuch\ndebts and\nFINIANCE\nCHARGE(S)\ncontinues\nFINANCE\nCHARGE(S)\ncontinues\neveneven\nthough an\nthough an\nagreement,\ndivorce\ndecree\nor other\nagreement,\ndivorce\ndecree\nor other\ncourtcourt\njudgment to\njudgmentwhich\nto which\nwenot\narea party\nnot amay\nparty\nmaythat\ndirect\nwe are\ndirect\nonlythat\none of you,\nonly one or\nofsome\nyou, person\nor someother\nperson\nyouof(oryou),\nbothmust pay\nthanother\nyou than\n(or both\nsuch pay\ndebts\nanddebs\nFINANCE\nCHARGE.\nof you), must\nsuch\nand FINANCE\nCHARGE.\n7. CREDIT\nLINE.\nwe approved\nyour application,\n7. CREDIT\nLINE. When\nweWhen\napproved\nyour application,\nwe established\na self-replenishing\nline of\nfor you and\nwe established\na self-replenishing\nline of credit\nforcredit\nyou and\nnotified\nyouamount\nof the thereof\namount(\xe2\x80\x9ccredit\nthereof limit\xe2\x80\x9d)\n(\xe2\x80\x9ccreditinlimit\xe2\x80\x9d)\nnotified you\nof the\nthe in the\nyourwere\nCard/s\nwere attached\nto. That document\nis\ndocumentdocument\nyour Card/s\nattached\nto. That document\nis\nhereby incorporated\npartAgreement.\nof this Agreement.\nYou\nhereby incorporated\nherein asherein\npart ofasthis\nYou\nlet your Account\nBalancesuch\nexceed\nsuch amount,\nagree notagree\nto let not\nyourtoAccount\nBalance exceed\namount,\nand you\nagree\nusamount\nthe totalover\namount\nover the\ncredit limit\nand you agree\nto pay\nus to\nthepay\ntotal\nthe credit\nlimit\nour demand\nor not\nwe authorized\nthe\nupon ourupon\ndemand\nwhether whether\nor not we\nauthorized\nthe\nadvance(s)\nwhichyou\ncaused\nyou toyour\nexceed\nyourline.\ncredit line.\nadvance(s)\nwhich caused\nto exceed\ncredit\nUnless\nyou\nare in each\ndefault,\neach payment\nUnless you\nare in\ndefault,\npayment\nyou makeyou\non make\nthe on the\nwill replenish\nyour\ncredit\nlimitpart\nby of\nthethat\npart of that\nAccount Account\nwill replenish\nyour credit\nlimit\nby the\nto principal.\nmayanrequest an\npayment payment\nwhich is which\nappliedistoapplied\nprincipal.\nYou mayYou\nrequest\nincrease\nin the\ncredit\nby aapplication,\nwritten application,\nincrease in\nthe credit\nlimit\nby alimit\nwritten\nwhich which\nmust be approved\nus. We\nmay or\nincrease\nor decrease\nthe\nmust be approved\nby us. Webymay\nincrease\ndecrease\nthe\nlimit\nfrom\ntime or\nto may,\ntime with\nor may,\nwith\ngoodrevoke\ncause, revoke\nlimit from\ntime\nto time\ngood\ncause,\nand terminate\nthis Agreement;\nin either\nyour Cardyour\nandCard\nterminate\nthis Agreement;\nin either event,\nweevent, we\nyounotice\nwritten\nof such\xe2\x80\x9cGood\naction.Cause\xe2\x80\x9d\n\xe2\x80\x9cGood Cause\xe2\x80\x9d\nwill givewill\nyou give\nwritten\nofnotice\nsuch action.\nincludes\nyourtofailure\nof this Agreement\nincludes your\nfailure\nsatisfytothesatisfy\ntermsthe\nof terms\nthis Agreement\nor our reevaluation\nadverse reevaluation\nyour creditworthiness;\nin\nor our adverse\nof your of\ncreditworthiness;\nin\neither\nwe will\nyounotice\nwritten\nof such action.\neither event,\nweevent,\nwill give\nyou give\nwritten\nof notice\nsuch action.\nIn the\nevent\nyour Account\nis cancelled\nor due\nrevoked\nIn the event\nyour\nAccount\nis cancelled\nor revoked\nto due to\ndefault,\ntheatbalance\nat of\nthedefault\ntime ofmay\ndefault\nmay be transferred\ndefault, the\nbalance\nthe time\nbe transferred\ntheUnion\nCreditand,\nUnion\nas a consequence\nin-house in-house\nwith the with\nCredit\nas aand,\nconsequence\n2\n\nRewards.Visa.Truth in.Lending.12.2020.pdf 4\n\n2\n\n41. SEVERABILITY. If any provision of this Agreement\nis determined to be void or unenforceable under applicable\nlaw, regulation, or rule, all other provisions of this\nAgreement shall be valid and enforceable.\n42. ENTIRE AGREEMENT/EFFECT OF AGREEMENT.\nThis Agreement, together with any application you signed or\notherwise submitted in connection with the Account and any\nmailer/document sent to you with your Card (all of which are\nhereby incorporated by reference in this Agreement),\nconstitutes the entire agreement between you and us relating\nto your Account, supercedes any other prior or\ncontemporaneous agreement between you and us relating to\nyour Account, and applies to every transaction relating to the\nAccount even though a sales or cash advance draft you sign\nor a credit slip may contain different terms. This Agreement\nmay not be amended except in accordance with the\nprovisions of this Agreement. You further acknowledge\nreceipt of a copy of this Agreement.\n43. CREDIT UNION MEMBERSHIP. You understand\nand agree that the closing of your Credit Union Regular\nShare Account terminates your status as a member of the\nCredit Union, and upon such closing, you can no longer\nobtain credit with the Credit Union Visa Card.\nThe following is important information regarding your\nright to dispute billing errors.\nYour BILLING Rights \xe2\x80\x93\nKeep This NOTICE For Future Use\nThis notice tells you about your rights and our\nresponsibilities under the Fair Credit Billing Act. What\nTo Do If You Find A Mistake On Your Statement If you\nthink there is an error on your statement, write to us at:\nMichigan First Credit Union\n27000 Evergreen Road\nLathrup Village, MI 48076\nIn your letter, give us the following information:\n\xe2\x80\xa2 Account information: Your name and account\nnumber.\n\xe2\x80\xa2 Dollar amount: The dollar amount of the suspected\nerror.\n\xe2\x80\xa2 Description of problem: If you think there is an error\non your bill, describe what you believe is wrong and\nwhy you believe it is a mistake.\nYou must contact us:\n\xe2\x80\xa2 Within 60 days after the error appeared on your\nstatement.\n\xe2\x80\xa2 At least 3 business days before an automated payment is\nscheduled, if you want to stop payment on the\namount you think is wrong.\nYou must notify us of any potential errors in writing. You\nmay call us, but if you do we are not required to\ninvestigate any potential errors and you may have to pay\nthe amount in question.\n\n11\n\n06/25/21 5:04 PM\n\n\x0c501578_5B MIFCU1 12_24.QXD_Layout 1 12/28/11 1:38 PM Page 3\n\n34. SECURITY INTEREST. If you separately signed\nthe portion of your application for this Account dealing\nwith the creation of a security interest, you grant us a\nsecurity interest in all present and future shares and\ndeposits you have with us, whether you own them singly\nor own them jointly but have the right to withdraw from\nthem without the consent of another person not obligated\non the account to secure your Account. This grant does\nnot apply to Individual Retirement Accounts and other\naccounts which provide tax benefits under state or federal\nlaws. Upon default under this Agreement you agree that\nwe may apply all of your shares and deposits subject to\nthis security interest to pay amounts due on the Account\nunder this Agreement. You also agree to grant us a\nsecurity interest in collateral (other than collateral\nconsisting of (i) real estate that is your principal residence\nand (ii) household goods) securing other loans with us to\nsecure your Account.\n35. BUSINESS DAY. Our business days are Monday\nthrough Friday. Saturdays, Sundays and federal holidays\nare excluded.\n36. GOVERNING LAW. The Agreement and your\nAccount and any claim, dispute, or controversy arising from\nor relating to this Agreement or your Account, whether\nbased on contract, tort, fraud, and other intentional torts,\nstatute, common law and/or equity, are governed by and\nconstrued in accordance with the laws of the State of\nMichigan (without regard to its conflicts of laws\nprinciples or rules) and applicable federal laws. The\nlegality, enforceability and interpretation of this\nAgreement and the amounts contracted for, charged and\nreceived under this Agreement will be governed by such\nlaws. This Agreement is entered into between you and us\nin the State of Michigan, and we make credit decisions\nunder this Agreement from the State of Michigan. You\nfurther consent to the jurisdiction and venue of the State\nor Federal Courts having jurisdiction over the City of\nLathrup Village, Oakland County, Michigan.\n37. ASSIGNMENT. We may sell, assign or transfer all\nor any portion of your Account, or any balance due under\nyour Account, without prior notice to you. You may not\nsell, assign or transfer your Account or any obligations\nunder this Agreement.\n38. LOST/STOLEN CARDS. You agree to notify us\nimmediately upon discovering that your Card has been\nlost or stolen by calling us at 866.820.2946\nor 800.664.3828.\n39. INFORMATION ABOUT YOU AND YOUR\nACCOUNT. We will not disclose your non-public\npersonal information to unaffiliated third parties except as\notherwise permitted or authorized by law. Please refer\nto our Privacy Policy Notice for a full explanation of how\nwe protect your information. You may obtain a copy of\nour Privacy Policy Notice by calling us at 800.664.3828.\n40. BENEFITS AND PROGRAMS. We may from\ntime to time offer additional services to your Accounts or\nspecial programs related to you being a Cardholder, such\nas travel accident insurances, at no additional cost to you.\nYou understand and agree that we are not obligated to\noffer such services or programs and may withdraw or\nchange them at any time.\n10\n\nRewards.Visa.Truth in.Lending.12.2020.pdf 5\n\nthereof, bethereof,\nseparately\nbilled as an\nin house\nor\nbe separately\nbilled\nas an arrangement\nin house arrangement\nor\nincluded within\nany\notherany\nopen-end\ncredit plan\nyou plan\nhave you have\nincluded\nwithin\nother open-end\ncredit\nwith us, with\nto be at the\nand under\nthe under the\nwithcollection\nus, with collection\ntosame\nbe at rate\nthe same\nrate and\nsame terms\nconditions\nas provided\nfor in this\nsameand\nterms\nand conditions\nas provided\nfor in this\nAgreement.\nYou may terminate\nthis Agreement,\nat any time\nAgreement.\nYou may terminate\nthis Agreement,\nat any time\nand for and\nany for\nreason,\ngiving\nwritten\nany by\nreason,\nby usgiving\nus notice.\nwritten notice.\nNevertheless,\ntermination\nby you orbybyyou\nus does\nNevertheless,\ntermination\nor bynot\nus affect\ndoes not affect\nyour obligation\nto pay alltodebts\nFINANCE\nCHARGECHARGE\nyour obligation\npay and\nall debts\nand FINANCE\nthereon arising\nfrom\nauthorized\nuse of your\nCard.\nTheCard.\nCardsThe Cards\nthereon\narising\nfrom authorized\nuse\nof your\nremain our\nproperty\nyou must\nrecover\nsurrender\nto\nremain\nour and\nproperty\nand you\nmustand\nrecover\nand surrender\nto\nus all Cards\nupon\nour upon\nrequest\nupon termination\nof this of this\nus all\nCards\nourorrequest\nor upon termination\nAgreement.\nAgreement.\n8. JOINT8.\nACCOUNTS.\nIf more than\none person\nsigned\nJOINT ACCOUNTS.\nIf more\nthan one\nperson signed\nthe application,\neach person\nwho\nsigned\nit promises\nto pay to pay\nthe application,\neach\nperson\nwho\nsigned it promises\nall amounts\nto us\nunder\nAgreement.\nEach of you\nall owed\namounts\nowed\nto this\nus under\nthis Agreement.\nEach of you\nauthorizesauthorizes\nthe other(s)\nmake purchases,\nwithdrawals\nor\nthetoother(s)\nto make purchases,\nwithdrawals\nor\ncash advances\nindividually.\nAny one of\nyouone\nmay\nthecancel the\ncash advances\nindividually.\nAny\nof cancel\nyou may\nAccount. Account.\nThe cancellation\nwill be effective\nto all of you.\nThe cancellation\nwill be effective\nto all of you.\nEach of you\nis of\njointly\nand\nseverally\nobligated.obligated.\nThis means\nEach\nyou is\njointly\nand severally\nThis means\nthat we may\nmoney\nowed\nto us\nfromtoeach\nof you\nor of you or\nthatcollect\nwe may\ncollect\nmoney\nowed\nus from\neach\nfrom all from\nof you\nof your of\ncurrent\nall regardless\nof you regardless\nyour domestic\ncurrent domestic\nrelationship\nor other legal\nproceedings.\nIn any event,\nall event,\nof\nrelationship\nor other\nlegal proceedings.\nIn any\nall of\nyou will continue\nto\nbe\njointly\nand\nseverally\nobligated\nuntil\nyou will continue to be jointly and severally obligated\nuntil\nall Cards all\nareCards\nreturned\nthe debt\nextinguished.\nare and\nreturned\nandisthe\ndebt is extinguished.\n9. AUTHORIZED\nUSERS. You\nmay You\nallowmay\nAuthorized\n9. AUTHORIZED\nUSERS.\nallow Authorized\nUsers on Users\nyour Account\nby notifying\nus that you\nwantyou want\non your Account\nby notifying\nus that\nsomeone someone\nadded to the\naccount\nas\nan\nAuthorized\nUser\nand User and\nadded to the account as an Authorized\nobtaining obtaining\nour consent.\nthough not\nallowed,\nour Additionally,\nconsent. Additionally,\nthough\nnot allowed,\nyou will be\nhave personally\nauthorizedauthorized\nanother another\nyoudeemed\nwill betodeemed\nto have personally\nuser in the\nfollowing\nways: (1)ways:\nby lending\nCardyour\nor Card or\nuser\nin the following\n(1) byyour\nlending\nAccount Account\nNumber Number\nto another\n(without (without\nour required\nto another\nour required\nconsent); consent);\nor (2) by any\nother\nmeans\nin which\nwouldyou\nbe would be\nor (2)\nby any\nother\nmeans you\nin which\nlegally considered\nto have allowed\nuse your\nlegally considered\nto have another\nallowed toanother\nto use your\nAccount or\nbe legally\nprevented\nfrom denying\nyou did\nAccount\nor be\nlegally prevented\nfromthat\ndenying\nthat you did\nso. You should think carefully before you allow someone to\nso. You should think carefully before you allow someone to\nbecome an Authorized User (in any manner). By doing so,\nbecome an Authorized User (in any manner). By doing so,\nyou authorize the person to use your Account to the same\nyou authorize the person to use your Account to the same\nextent you can, including but not limited to making\nextent you can, including but not limited to making\nPurchases, Cash Advances, Balance Transfers and allowing\nPurchases, Cash Advances, Balance Transfers and allowing\nothers to use your Account. Your Account does not permit\nothers to use your Account. Your Account does not permit\nyou to limit the nature or amount of authority you give to\nyou to limit the nature or amount of authority you give to\nany Authorized User and you agree that you will not\nany Authorized User and you agree that you will not\nattempt to do so. An Authorized User\xe2\x80\x99s authority will\nattempt to do so. An Authorized User\xe2\x80\x99s authority will\ncontinue until you both notify us that you are terminating\ncontinue\nuntilphysically\nyou both retrieve\nnotify usthe\nthat\nyou Ifareyou\nterminating\nthe authority\nand you\nCard.\nthe authority\nandyou\nyou will\nphysically\nthe any\nCard. If you\ncannot retrieve\nthe Card,\nremainretrieve\nliable for\ncannot\nretrieve\nthe Card,\nwill remain\ntransactions\nwe cannot\nprevent\nafter you\nyou notify\nus. liable for any\ntransactionsWe\nwe cannot\nprevent\nyou notify\nus.\n10. PAYMENTS.\nwill send\nyou aafter\nstatement\nevery\n10. PAYMENTS.\nwill send\nyou a statement\nevery\nmonth showing\nyour Previous We\nBalances\nof purchases\nand\nmonththe\nshowing\nPrevious\nof purchases\nand\ncash advances,\ncurrent your\ntransactions\nonBalances\nyour account,\nthe\nadvances,\ncurrent\ntransactions\nonthe\nyour\naccount, the\nremainingcash\ncredit\navailablethe\nunder\nyour\nCredit Line,\nNew\ncredit\nunder your\nLine, the New\nBalances remaining\nof purchases\nandavailable\ncash advances,\nthe Credit\nTotal New\nof purchases\nand due\ncashtoadvances,\nBalance, Balances\nthe FINANCE\nCHARGE\ndate, andthetheTotal New\nFINANCE\nto date,\nMinimumBalance,\nPaymentthe\nrequired.\nEveryCHARGE\nmonth youdue\npromise\nto and the\nMinimum\nPayment\nrequired.\npay at least\nthe Minimum\nPayment\non orEvery\nbeforemonth\nthe dueyou\ndatepromise to\nat least\nthe Minimum\nPayment\non orpay\nbefore\nthe due date\nshown onpay\nyour\nstatement.\nYou may,\nof course,\nmore\non than\nyourthestatement.\nlate payment\nfee (as set\nfrequently,shown\npay more\nMinimumA\nPayment,\nor pay the\nforth\nin the fee\nschedule\nthis the\nAgreement)\nTotal New\nBalance\nin full,\nand included\nyou willwith\nreduce\nbe charged\nif the\nminimum\npayment due\nFINANCEwill\nCHARGE\nby doing\nso.required\nThe Minimum\nPayment\nunder\nAgreement\nnotBalance\nreceived\non or tobefore the\nwill be either\n(a) this\n3% of\nyour Total is\nnew\n(rounded\nthe nearesttenth\ndollar),\n$25.00,\nwhichever\nis greater,\nor (b)\nday orafter\nits due\ndate. You\nmay, of\ncourse, pay\nyour totalmore\nNew Balance,\nif itpay\nis less\nthanthan\n$25.00\n(c) any Payment,\nfrequently,\nmore\nthe plus\nMinimum\nor pay the Total New\n3 Balance in full, and you will reduce\n3\n\n06/25/21 5:04 PM\n\n\x0c501578_5B MIFCU1 12_24.QXD_Layout 1 12/28/11 1:38 PM Page 4\n\nthe FINANCE CHARGE by doing so. The\nMinimum Payment will be either (a) 3% of your Total\nnew Balance (rounded to the nearest dollar), or\n$25.00, whichever is greater, or (b)your total New\nBalance, if it is less than $25.00 plus (c) any portion\nof the Minimum Payment(s) shown on prior\nstatement(s) which remains unpaid. In addition, at any\ntime your total New Balance exceeds your credit limit,\nyou must immediately pay the excess upon our demand.\nAny payment check or other form of payment that you\nsend us for less than the full balance due that is marked\n\xe2\x80\x9cpaid in full\xe2\x80\x9d or contains a similar notation, or that\nyou otherwise tender in full satisfaction of a disputed\namount, must be sent to\nMichigan First Credit\nUnion, 27000 Evergreen Road, Lathrup Village, MI\n48076. We reserve all our rights regarding these payments\n(e.g., if it is determined that there is no valid dispute or if\nany such check is received at any other address, we may\naccept the check and you will still owe any remaining\nbalance). We may refuse to accept any such payment by\nreturning it to you, not cashing it, or destroying it. All\nother payments that you make should be\nsent to the appropriate payment address.\nThe Credit Union at its sole discretion, may give you the\noption of skipping one or more monthly credit card\npayments during the calendar year. If you are eligible to skip\na payment for any given month the minimum monthly\npayment shown on your periodic statement will be zero. If\nyou do so, interest charges on outstanding balances will\ncontinue to accrue during those months, but late charges will\nnot be applied. Here\xe2\x80\x99s the best part - you don\xe2\x80\x99t even need to\napply.\n11. PAYMENT ALLOCATION. We may select and\nchange the method by which payments and credits are\nallocated to your account at our sole discretion; however,\npayments will be allocated to billed amounts before they are\nallocated to unbilled amounts (transactions incurred since\nyour last statement) and payments amounts in excess of the\nrequired minimum monthly payment will be applied to\nhigher rate balances before they are applied to lower rate\nbalances. Payment for more than the minimum amount due\nwill be accepted as a single payment for the month; the\namount over the minimum is not applied toward future\npayments due.\n12. FINANCE CHARGE. Your account is subject to a\nvariable rate. Your ANNUAL PERCENTAGE RATE\n(APR) may increase or decrease if the Index used by the\nCredit Union increases or decreases. The Index is the highest\nrate of interest identified as the \xe2\x80\x9cPrime Rate\xe2\x80\x9d in the \xe2\x80\x9cMoney\nRates\xe2\x80\x9d section of The Wall Street Journal on the third\nbusiness day preceding the end of the most recently\nconcluded calendar quarter. To determine the ANNUAL\nPERCENTAGE RATE that will apply to your account, a\nMargin is added to the value of the Index. Your Margin and\nthe required disclosures of your ANNUAL PERCENTAGE\nRATE and corresponding monthly periodic rate are set forth\nin the \xe2\x80\x9cHow Your Annual Percentage Rate is Determined\xe2\x80\x9d\nsection of the separate document provided to you referred to\nin Section 1. The ANNUAL PERCENTAGE RATE can\nchange quarterly on the first day of the billing cycles which\nbegin in the months of January, April, July, and October.\nThere is no limit on the amount by which the ANNUAL\nPERCENTAGE RATE can change except that the\nANNUAL PERCENTAGE RATE will never be more than\n25.00%. In no event will the rate ever exceed the maximum\nrate permitted by law.\n4\n\nRewards.Visa.Truth in.Lending.12.2020.pdf 6\n\n31. LIABILITY FOR FAILURE TO\nCOMPLETE TRANSACTIONS. We will not be liable for\ntransactions that are not completed if any of the following\ncircumstances apply:\n\xe2\x80\xa2 Through no fault of ours, you do not have\nsufficient funds available in your credit line;\n\xe2\x80\xa2 The transaction would cause you to exceed your\ncredit limit;\n\xe2\x80\xa2 The ATM where you are requesting a cash\nadvance does not have enough cash;\n\xe2\x80\xa2 The terminal or system was not working properly\nand you knew of the malfunction at the time you\ninitiated the transactions;\n\xe2\x80\xa2 Circumstances beyond our control (such as fire or\nflood) prevent the transaction, despite reasonable\nprecautions we have taken;\n\n\xe2\x80\xa2 Your Card is retained by the ATM;\n\xe2\x80\xa2 Your Card or PIN has been reported lost or stolen\nand your account has been blocked or frozen;\n\xe2\x80\xa2 Your account is in default;\n\xe2\x80\xa2 You or anyone authorized by you to conduct a\ntransaction commits fraud or violates any laws or\nregulations; or\n\xe2\x80\xa2 You fail to follow the instructions on the screen or\nterminal.\n32. LIABILITY FOR UNAUTHORIZED USE.\nYou may be liable for the unauthorized use of your credit\ncard. You will not be liable for unauthorized use that\noccurs after you notify Michigan First Credit Union\nat the address or telephone number set forth below.\nYou must notify us orally or in writing of the loss, theft,\nor possible unauthorized use. In any case, your\nliability will not exceed $50.00. Notify us at:\nCard Services Dispute Processing\nP.O. Box 37035\nBoone, IA 50037\n866.820.2946\nOr\nMichigan First Credit Union\n27000 Evergreen Road\nLathrup Village, Michigan 48076\n800.664.3828\n\n33.\nLIMITATIONS\nOF\nRESPONSIBILITY.\nWe will not\nbe\nresponsible\nfor\nmerchandise\nor services purchased by you with the Card. We are\nnot liable for the refusal or inability of merchants,\nfinancial institutions and others to accept your card(s) or\nelectronic terminals to honor them or complete a\ntransaction, or for their retention of the Card(s).\n\n9\n\n06/25/21 5:04 PM\n\n\x0c501578_5B MIFCU1 12_24.QXD_Layout 1 12/28/11 1:38 PM Page 8\n\n501578_5B MIFCU1 12_24.QXD_Layout 1 12/28/11 1:38 PM Page 5\n\nmerchant\xe2\x80\x99s cancellation number.\n\xe2\x80\xa2 Recurring Transactions \xe2\x80\x93 If you authorize a merchant\nto charge your Account for repeat transactions without\nyour Card, you must notify the merchant, and not us,\nwhen you want to discontinue the repeat transactions.\n\xe2\x80\xa2 Dispute Access \xe2\x80\x93 If you disagree with a transaction on\nyour statement or have a dispute with a merchant as a\nresult of a transaction, you agree to provide us with\ninformation and assistance we reasonably request.\nOtherwise, you will pay us for any resulting loss we\nhave, unless we are prohibited by law from holding\nyou liable for our loss.\n27. CARD AGREEMENT. You understand that your Visa\nCredit Card is issued by us, remains our property, and is\nsubject to rules governing ATM networks, which financial\ninstitutions must follow. The Cards are not transferable. By\nusing your Card, you are agreeing to the following additional\nterms: (1) To abide by the rules and regulations and those of\nthe participating ATM network as may be amended; (2) That\nwe and the ATM network may follow all electronic\ninstructions given through the ATM; (3) that we may restrict\nthe use of or terminate your Card at any time without notice\nto prevent loss to your account or to the Credit Union; (4)\nyour Card may not be used for any illegal transaction.\n28. DAILY LIMITS. You agree to adhere to any daily\nlimits established by the Credit Union in conformance with\nthe ATM network agreement and which are subject to\nmodification to preserve the integrity of the ATM network\nand prevent loss to the Credit Union or its members.\nThe current daily limit is $800.00, the credit union may\nchange this limit in its discretion and without prior notice.\n29. PERSONAL IDENTIFICATION NUMBER (PIN).\nUpon request we will furnish you with a Personal\nIdentification Number (PIN). You agree to keep the PIN\nconfidential. You also agree you won\xe2\x80\x99t write the PIN on the\nCard or anything you keep with the Card. Your use of the PIN\nand Card in getting a Cash Advance or making a Purchase is\nagreed to constitute your signature for purposes of such\ntransactions. You can also use your card together with your\nPersonal Identification Number (PIN) to get a Cash Advance\nfrom an Automated Teller Machine (ATM) in the Visa\nNetwork, to get a Cash Advance from a Visa financial\ninstitution, or to make a Purchase from a merchant that uses\nthe Card in an electronic terminal that accesses the Visa\nsystem. IF YOU FORGET OR DO NOT ENTER YOUR PIN\nCORRECTLY, THE ATM MAY KEEP YOUR CARD THE\nTHIRD TIME THE PIN IS ENTERED INCORRECTLY.\nTHIS PROCEDURE IS FOR SECURITY MEASURES.\nKEEP YOUR PIN IN A SECRET PLACE. If you authorize us\nto issue a Card to anyone else for use through any electronic\naccess device, you are authorizing that individual to withdraw\nfunds from any account which can be accessed by that Card,\nregardless of whether that individual is authorized to withdraw\nmoney from the account by any other means.\nFEES\nCHARGES.\nagree\n30.\nAND\nYou\nto pay\nthe various fees and charges with respect to\nyour Account as set forth in the fee schedule included\nwith this Agreement or as otherwise provided to you.\nYou agree to pay any related charges that are imposed\nas a result of your use of the Visa Credit Card or an ATM.\n\nAny change in the ANNUAL PERCENTAGE RATE\naffects your entire balance and is effective at the beginning\nof the first billing cycle which follows the change. The\nCredit Union reserves the right to substitute a similar index\nif the index described above becomes unavailable.\nThe FINANCE CHARGE is calculated by applying the\nabove periodic (monthly) rate to the Average Daily\nBalance (including new purchases). An \xe2\x80\x9cAverage Daily\nPrincipal Balance\xe2\x80\x9d is calculated separately for purchases\nand cash advances and is determined as follows: For each\nday during the statement period (billing cycle) the\nprincipal balances of purchases and of cash advances\nfrom the previous day are increased by any purchases or\ncash advances posted to the Account that day and\ndecreased by any payments or credits posted to the\nAccount that day. Such daily principal balances are\nseparately totaled and then divided by the number of days\nin the statement period (billing cycle), resulting in the\n\xe2\x80\x9cAverage Daily Principal Balances\xe2\x80\x9d of purchases and\ncash advances shown on your statement.\nYou can avoid FINANCE CHARGES on purchases by\npaying the full amount of the New Balance of Purchases\neach month on or before the payment due date shown on\nyour monthly statement. Otherwise, the New Balance of\nPurchases, and subsequent purchases from the date they\nare posted to your account, will be subject to FINANCE\nCHARGE, except that if during the previous billing cycle\nyou paid all amounts owing in full by the Payment Due\nDate, then in the current billing cycle you will have a free\ninterest period on the amount of the New Balance of\nPurchases remaining from the previous billing cycle that\nis paid by the Payment Due Date based on our payment\nallocation method.\n13. PERIODIC STATEMENTS. We will send you a\nstatement every month showing your previous balance,\npurchases and cash advances, payments made on your\naccount, periodic rate, annual percentage rate, finance\ncharge and its method of computation, any other charges,\nfree interest period, payment due date, procedures for error\nresolution, Minimum Payment required, and the closing\ndate with corresponding New Balance for the billing cycle.\nYou may not receive a statement on your Account if there\nhas been no activity or if collections procedures have been\ninitiated against you because you are in default. Each\nstatement is deemed to be a correct statement unless you\nestablish a billing error pursuant to the Federal Truth in\nLending Act as described in this Agreement.\n14. DEFAULT. You will be in default and we may, to\nthe extent permitted by law, terminate your credit line and\ndeclare the entire unpaid balance of the account\nimmediately due and payable, under any of the following\nconditions:\n\xe2\x80\xa2 you fail to make the minimum payment by the\nstatement payment due date;\n\xe2\x80\xa2 you breach any other promises made in or conditions\nof the Agreement and/or any other agreement with us;\n\xe2\x80\xa2 you use your card for an illegal transaction;\n\xe2\x80\xa2 if you become involved in any insolvency, receivership,\nguardianship, conservatorship, or any other proceeding\nwhich determines you are incapable of managing your\nfinancial affairs, including filing for Bankruptcy;\n\xe2\x80\xa2 you have made a false or misleading statement in your\n\n8\n\n5\n\nRewards.Visa.Truth in.Lending.12.2020.pdf 7\n\n06/25/21 5:04 PM\n\n\x0c501578_5B MIFCU1 12_24.QXD_Layout 1 12/28/11 1:38 PM Page 6\n\n501578_5B MIFCU1 12_24.QXD_Layout 1 12/28/11 1:38 PM Page 7\n\ncredit application and/or in your representation to us\nwhile you owe money on your account;\n\xe2\x80\xa2 a judgment or tax lien is filed against you or any\nattachment or garnishment is issued against any of\nyour property or accounts, including anyone starting\nan action or proposing to seize any of your funds on\ndeposit with us;\n\xe2\x80\xa2 we in good faith determine that your creditworthiness\n(which includes your ability to repay us) has become\nunsatisfactory due to change in employment, increase\nin your other obligations, or because of any other\nreason, time being of the very essence;\n\xe2\x80\xa2 you die; or\n\xe2\x80\xa2 government action precludes us from imposing the\nannual percentage rate or a government authority has\nnotified us that continued advances constitute an\nunsafe and unsound practice.\nIn the event of any default, we may, at our option,\ndeclare the entire balance on the Account to be\nimmediately due and payable. If you are in default we\nmay, instead of terminating your Account and declaring\nthe entire unpaid balance due and payable, suspend your\ncredit privileges but not declare what you then owe\nimmediately due and payable. If we do the latter, we\nreserve the right to later terminate the Account and declare\nthe entire unpaid balance due and payable at any time\nbefore you cure the default by paying all past due amounts.\n15. COLLECTION COSTS. You also agree that, in\ncase of default, you will pay all usual and customary costs\nof collection permitted by law, including, but not limited\nto, attorney fees and expenses incurred by us in the\nenforcement of this agreement.\n16. DELAY OR FAILURE TO ENFORCE. We do not\nlose our rights under this or any related agreement if we\ndelay or fail to enforce them. We can accept late payments\nor partial payments without losing any of our rights under\nthis Agreement.\n17. NOTIFICATION OF ADDRESS CHANGE. You\nagree to notify us promptly if you change your name,\nstreet address, email address or telephone number.\n18. ADDRESS FOR NOTICES TO US. All notices\nunder this Agreement must be in writing and mailed to\nMichigan First Credit Union, 27000 Evergreen Road,\nLathrup Village, Michigan 48076.\n19. CHANGE IN TERMS. From time to time, we may\namend this Agreement by mailing a written notice of the\namendment to you at the last address shown for you in our\nrecords. In the event the terms we are changing require\nadvance notice by law, we will comply with the\nrequirements of that law.\n20. YOU MAY CANCEL THE ACCOUNT. You may\ncancel the account whenever you choose. If you do, you\nagree to cut each Card in half and return it to us at the\naddress shown in Section 18 above, along with your\nwritten notification that you wish to cancel the Account.\nSuch cancellation will become effective within five days\nafter the notice is received by us. You will still be\nresponsible for the repayment of any outstanding balance\non your Account and any other amounts that have not yet\nbeen billed to you.\n21. WE MAY CANCEL THE ACCOUNT. We have\nthe right to cancel the Account at any time upon written\n\nnotice sent to you at the last address shown for you in our\nrecords. You agree to discontinue the use of the Cards, and\nto return the Cards to us, at our request.\n22. CREDIT REPORTING AGENCIES. You authorize us\nto investigate your credit standing when opening, renewing or\nreviewing your Account, and you authorize us to disclose\ninformation regarding our experience with you under this\nAgreement to consumer reporting agencies, bureaus and\nother creditors. If you request it, we will provide the name\nand address of each consumer reporting agency used for this\npurpose. If you believe we have reported inaccurate\ninformation about you to a consumer reporting agency, please\nnotify us at Michigan First Credit Union, 27000 Evergreen\nRoad, Lathrup Village, Michigan 48076. In doing so, please\nidentify the inaccurate information and tell us why you\nbelieve it is incorrect. If you have a copy of the credit report\nthat contains the alleged inaccurate information, please send\nus a copy of that report as well. You are hereby notified that\nnegative information will be provided to appropriate\nconsumer reporting agencies if you fail to perform your\nobligations under this agreement.\n23. TRANSACTION SLIPS. Your periodic statement\nwill identify the merchant, electronic terminal location, or\nfinancial institution at which transactions were made. You\nmust retain the copy of such slips furnished at the time of\neach transaction in order to verify the transactions listed\non your statement as transaction slips cannot be provided\nby Michigan First Credit Union.\n24. CREDITS. If merchants who honor your Card give\nyou a credit for returns or adjustments, they will do so by\nprocessing a credit which we will post to your Account.\nYou should keep your copy of the credit slip to verify\nyour monthly statement. If your credits and payments\nexceed what you owe us on the Account we will credit\nsuch excess to the Account and, if the amount is $1.00 or\nmore, we will credit it to your share account after two (2)\nmonths or upon your written request.\n25. FOREIGN TRANSACTIONS. Purchases and\ncash advances made in foreign countries and foreign\ncurrencies will be billed to you in U.S. dollars. The\nexchange rate for transactions in a foreign currency will be\na rate selected by Visa from the range of rates available in\nwholesale currency markets for the applicable central\nprocessing date, which rate may vary from the rate\nVisa itself receives, or the government mandated rate in\neffect for the applicable central processing date. In\naddition, as provided in Section 30, we will separately bill\nyou a 1% International Transaction Fee.\n\n6\n\n7\n\nRewards.Visa.Truth in.Lending.12.2020.pdf 8\n\n26. TRANSACTIONS WITH MERCHANTS.\n\xe2\x80\xa2 Return Policies \xe2\x80\x93 If a merchant discloses a policy\nsuch as but not limited to \xe2\x80\x9cno returns,\xe2\x80\x9d \xe2\x80\x9cno refunds,\xe2\x80\x9d\n\xe2\x80\x9cas is,\xe2\x80\x9d or \xe2\x80\x9call sales final\xe2\x80\x9d you will be bound by that\npolicy when you use your Account to buy goods or\nservices from that merchant.\n\xe2\x80\xa2 Reservations \xe2\x80\x93 When using your Account to make a\ntravel or lodging reservation, obtain the merchant\xe2\x80\x99s\ncancellation policy and follow it if you wish to\ncancel. If you cancel, obtain the merchant\xe2\x80\x99s\ncancellation number that is required to be provided\nto you. The merchant may charge you for a cancelled\ntransaction unless you can provide us with the\n\n06/25/21 5:04 PM\n\n\x0c'


b'Secured Credit\nCard Agreement\nand Truth-inLending Disclosure\n\n24-Hour Loan Center: 866.933.6333\nMichiganFirst.com\n\nFederally insured by the\nNational Credit Union Administration.\n\n2196-VISA-005-SEC\n\nSecured.VISA.Truth.In.Lending.12.2020.pdf 1\n\n06/25/21 5:06 PM\n\n\x0cTo use this right, all of the following must be true:\n1.The purchase must have been made in your home state or within\n100 miles of your current mailing address, and the purchase price\nmust have been more than $50. (Note: Neither of these are\nnecessary if your purchase was based on an advertisement we\nmailed to you, or if we own the company that sold you the goods\nor services.)\n2. You must have used your credit card for the purchase. Purchases\nmade with cash advances from an ATM or with a check that\naccesses your credit card account do not qualify.\n3. You must not yet have fully paid for the purchase.\nIf all of the criteria above are met and you are still dissatisfied with the\npurchase, contact us in writing [or electronically] at:\nMichigan First Credit Union\n27000 Evergreen Road\nLathrup Village, MI  48076\nWhile we investigate, the same rules apply to the disputed amount as\ndiscussed above or on previous page. After we finish our\ninvestigation, we will tell you our decision. At that point, if we think\nyou owe an amount and you do not pay, we may report you as\ndelinquent.\n\nRevised 06/2021\n13\n\nSecured.VISA.Truth.In.Lending.12.2020.pdf 2\n\n06/25/21 5:06 PM\n\n\x0cYou must notify us of any potential errors in writing. You may call us,\nbut if you do we are not required to investigate any potential errors and\nyou may have to pay the amount in question.\nWhat Will Happen After We Receive Your Letter\nWhen we receive your letter, we must do two things:\n1. Within 30 days of receiving your letter, we must tell you that we\nreceived your letter. We will also tell you if we have already corrected\nthe error.\n2.Within 90 days of receiving your letter, we must either correct\nthe error or explain to you why we believe the bill is correct.\nWhile we investigate whether or not there has been an error:\n\xe2\x80\xa2 We cannot try to collect the amount in question, or report you as\ndelinquent on that amount.\n\xe2\x80\xa2 The charge in question may remain on your statement, and we\nmay continue to charge you interest on that amount.\n\xe2\x80\xa2 While you do not have to pay the amount in question, you are\nresponsible for the remainder of your balance.\n\xe2\x80\xa2 We can apply any unpaid amount against your credit limit.\n\xe2\x80\xa2 After we finish our investigation, one of two things will happen:\n\xe2\x80\xa2 If we made a mistake: You will not have to pay the amount\nin question or any interest or other fees related to that amount.\n\xe2\x80\xa2 If we do not believe there was a mistake: You will have to pay\nthe amount in question, along with applicable interest and fees.\nWe will send you a statement of the amount you owe and the\ndate payment is due. We may then report you as delinquent if\nyou do not pay the amount we think you owe.\nIf you receive our explanation but still believe your bill is wrong, you\nmust write to us within 10 days telling us that you still refuse to pay. If\nyou do so, we cannot report you as delinquent without also reporting\nthat you are questioning your bill. We must tell you the name of\nanyone to whom we reported you as delinquent, and we must let those\norganizations know when the matter has been settled between us.\nIf we do not follow all of the rules above, you do not have to pay the\nfirst $50 of the amount you question even if your bill is correct.\nYour Rights If You Are Dissatisfied With Your Credit Card\nPurchases\nIf you are dissatisfied with the goods or services that you have\npurchased with your credit card, and you have tried in good faith to\ncorrect the problem with the merchant, you may have the right not to\npay the remaining amount due on the purchase.\n\n12\n\nSecured.VISA.Truth.In.Lending.12.2020.pdf 3\n\nTHIS IS YOUR AGREEMENT WITH MICHIGAN FIRST CREDIT\nUNION\n(CREDIT\nUNION)\nREGARDING\nRIGHTS\nAND\nRESPONSIBILITIES ASSOCIATED WITH OBTAINING A SECURED\nVISA\xc2\xae CREDIT CARD. THE DISCLOSURE STATEMENTS THAT\nFOLLOW ARE REQUIRED BY FEDERAL REGULATIONS,\nINCLUDING THE TRUTH IN LENDING AND FAIR CREDIT BILLING\nACTS. PLEASE READ THIS DISCLOSURE CAREFULLY TO BE\nFAMILIAR WITH YOUR RIGHTS AND RESPONSIBILITIES. IT IS\nIMPORTANT TO RETAIN THIS NOTICE FOR FUTURE REFERENCE\nAND TO NOTIFY US AT ONCE IF ANY PARTS ARE UNCLEAR.\n1. WORDS OFTEN USED IN THIS AGREEMENT. The word\n\xe2\x80\x9cAgreement\xe2\x80\x9d means this Michigan First Credit Union Credit Card\nAgreement and Truth-In-Lending Disclosure and the document provided\nto you along with this agreement and disclosure containing Credit\nCard Account Opening Disclosures and information concerning How\nYour Annual Percentage Rate is Determined. In this agreement, the words\n\xe2\x80\x9cyou\xe2\x80\x9d and \xe2\x80\x9cyour\xe2\x80\x9d mean or refer to each and all persons who have applied\nfor the Card or Cards. \xe2\x80\x9cCard\xe2\x80\x9d means the Visa Credit Card or Cards,\nand any duplicates and renewals thereof, or substitutions thereof, we\nmay issue to you. \xe2\x80\x9cAccount\xe2\x80\x9d means your Visa Credit Card line of credit\nloan account with us. \xe2\x80\x9cWe,\xe2\x80\x9d \xe2\x80\x9cus\xe2\x80\x9d and \xe2\x80\x9cours\xe2\x80\x9d means or refers to Michigan\nFirst Credit Union and the document provided to you along with this\nagreement and disclosure containing Credit Card Account Opening\nDisclosures and information concerning How Your Annual Percentage\nRate is Determined.\n2. THIS IS YOUR CONTRACT WITH US. Once this agreement is sent\nto you, it becomes a binding contract. When you (i) signed a paper\napplication for your account, (ii) completed an online application for your\naccount, (iii) applied for your account by calling our Call Center, or (iv)\napplied for your account in person with one of our Financial Services\nRepresentatives, you acknowledged that you would receive a copy of this\nagreement and promised to abide by the terms of this agreement, including\napplicable laws. This agreement is a Truth-In-Lending Disclosure Statement\nas well as a contract.\n3. SIGN THE CARD. Your card(s) have been imprinted as you have\ndirected. Each card must be signed (in the space provided on the back) by\nthe person whose name is imprinted thereon. That signature must be in the\nsame form as imprinted on the front of the card. However, your liability\nunder this agreement does not depend on whether you sign your card.\n4. USING THE CARD. By using this card, you are agreeing to comply\nwith the terms of this agreement. To make a Purchase or Cash Advance,\npresent the card to a participating Visa plan merchant or financial institution\nand sign the sales draft or cash advance draft (when required) which will be\nimprinted with your card or generated after\n\n1\n\n06/25/21 5:06 PM\n\n\x0c42. ENTIRE AGREEMENT/EFFECT OF AGREEMENT. This\nAgreement, together with any application you signed or otherwise\nsubmitted in connection with the Account and any mailer/document sent\nto you with your Card(s) (all of which are hereby incorporated\nby reference in this Agreement), constitutes the entire agreement between\nyou and us relating to your Account, supercedes any other prior or\ncontemporaneous agreement between you and us relating to your\nAccount, and applies to every transaction relating to the Account even\nthough a sales or cash advance draft you sign or a credit slip may contain\ndifferent terms. This Agreement may not be amended except in\naccordance with the provisions of this Agreement. You further\nacknowledge receipt of a copy of this Agreement.\n43. CREDIT UNION MEMBERSHIP. You understand and agree that\nthe closing of your Credit Union Regular Share Account terminates your\nstatus as a member of the Credit Union, and upon such closing, you can\nno longer obtain credit with the Credit Union Visa Card.\nThe following is important information regarding your right to dispute\nbilling errors.\nYour BILLING Rights \xe2\x80\x93\nKeep This NOTICE For Future Use\nThis notice tells you about your rights and our responsibilities under the\nFair Credit Billing Act.\nWhat To Do If You Find A Mistake On Your Statement\nIf you think there is an error on your statement, write to us at:\nMichigan First Credit Union\n27000 Evergreen Road\nLathrup Village, MI 48076\n\nIn your letter, give us the following information:\n\xe2\x80\xa2 Account information: Your name and account number.\n\xe2\x80\xa2 Dollar amount: The dollar amount of the suspected error.\n\xe2\x80\xa2 Description of problem: If you think there is an error on your bill,\ndescribe what you believe is wrong and why you believe it is a\nmistake.\nYou must contact us:\n\xe2\x80\xa2 Within 60 days after the error appeared on your statement.\n\xe2\x80\xa2 At least 3 business days before an automated payment is\nscheduled, if you want to stop payment on the amount you think is\nwrong.\n\n2\n\nSecured.VISA.Truth.In.Lending.12.2020.pdf 4\n\n11\n\n06/25/21 5:06 PM\n\n\x0c34. SECURITY INTEREST. If you separately signed a document\nentitled SPECIFIC PLEDGE OF SHARES TO SECURE CREDIT\nCARD ACCOUNT, you grant us a security interest as set forth in that\ndocument to secure your Account. There is no other security for your\nAccount.\n35. BUSINESS DAY. Our business days are Monday through\nFriday. Saturdays, Sundays and federal holidays are excluded.\n36. GOVERNING LAW. The Agreement and your Account and any\nclaim, dispute, or controversy arising from or relating to this Agreement\nor your Account, whether based on contract, tort, fraud, and other\nintentional torts, statute, common law and/or equity, are governed by and\nconstrued in accordance with the laws of the State of Michigan (without\nregard to its conflicts of laws principles or rules) and applicable federal\nlaws. The legality, enforceability and interpretation of this Agreement and\nthe amounts contracted for, charged and received under this Agreement\nwill be governed by such laws. This Agreement is entered into between\nyou and us in the State of Michigan, and we make credit decisions under\nthis Agreement from the State of Michigan. You further consent to the\njurisdiction and venue of the State or Federal Courts having jurisdiction\nover the City of Lathrup Village, Oakland County, Michigan.\n\n37. ASSIGNMENT. We may sell, assign or transfer all or any portion\nof your Account, or any balance due under your Account, without\nprior notice to you. You may not sell, assign or transfer your Account\nor any obligations under this Agreement.\n38. LOST/STOLEN CARDS. You agree to notify us immediately\nupon discovering that your Card has been lost or stolen by calling us at\n866.820.2946 or 800.664.3828.\n39. INFORMATION ABOUT YOU AND YOUR ACCOUNT. We\nwill not disclose your non-public personal information to unaffiliated\nthird parties except as otherwise permitted or authorized by law. Please\nrefer to our Privacy Policy Notice for a full explanation of how we\nprotect your information. You may obtain a copy of our Privacy Policy\nNotice by calling us at 800.664.3828.\n40. BENEFITS AND PROGRAMS. We may from time to time offer\nadditional services to your Accounts or special programs related to you\nbeing a Cardholder, such as travel accident insurances, at no additional\ncost to you. You understand and agree that we are not obligated to offer\nsuch services or programs and may withdraw or change them at any\ntime.\n41. SEVERABILITY. If any provision of this Agreement is\ndetermined to be void or unenforceable under applicable law, regulation,\nor rule, all other provisions of this Agreement shall be valid and\nenforceable.\n\n10\n\nSecured.VISA.Truth.In.Lending.12.2020.pdf 5\n\n10. PAYMENTS. We will send you a statement every month showing\nyour Previous Balances of purchases and cash advances, the current\ntransactions on your account, the remaining credit available under your\nCredit Line, the New Balances of purchases and cash advances, the Total\nNew Balance, the FINANCE CHARGE(S) due to date, and the\nMinimum Payment required. Every month you promise to pay at least\nthe Minimum Payment on or before the due date shown on your\nstatement. A late payment fee (as set forth in the fee schedule included\nwith this Agreement) will be charged if the required minimum payment\ndue under this Agreement is not received on or before the tenth day after\nits due date. You may, of course, pay more frequently, pay more than the\nMinimum Payment, or pay the Total New Balance in full, and you will\nreduce the FINANCE CHARGE(S) by doing so. The Minimum Payment\nwill be either (a) 3% of your Total new Balance (rounded to the nearest\ndollar), or $25.00, whichever is greater, or (b) your total New Balance,\n3\n\n06/25/21 5:06 PM\n\n\x0cif it is less than $25.00 plus (c) any portion of the Minimum Payment(s)\nshown on prior statement(s) which remains unpaid. In addition, at any\ntime your total New Balance exceeds your credit limit, you must\nimmediately pay the excess upon our demand. Any payment check or\nother form of payment that you send us for less than the full balance due\nthat is marked \xe2\x80\x9cpaid in full\xe2\x80\x9d or contains a similar notation, or that you\notherwise tender in full satisfaction of a disputed amount, must be sent to\nMichigan First Credit Union, 27000 Evergreen Road, Lathrup Village,\nMI 48076. We reserve all our rights regarding these payments (e.g., if it\nis determined that there is no valid dispute or if any such check is\nreceived at any other address, we may accept the check and you will still\nowe any remaining balance). We may refuse to accept any such payment\nby returning it to you, not cashing it, or destroying it. All other payments\nthat you make should be sent to the appropriate payment address.\nThe Credit Union at its sole discretion, may give you the option of\nskipping one or more monthly credit card payments during the calendar\nyear. If you are eligible to skip a payment for any given month the\nminimum monthly payment shown on your periodic statement will be\nzero. If you do so, interest charges on outstanding balances will continue\nto accrue during those months, but late charges will not be applied.\nHere\xe2\x80\x99s the best part - you don\xe2\x80\x99t even need to apply.\n11. PAYMENT ALLOCATION. We may select and change the\nmethod by which payments and credits are allocated to your account at\nour sole discretion; however, payments will be allocated to billed\namounts before they are allocated to unbilled amounts (transactions\nincurred since your last statement) and payments amounts in excess\nof the required minimum monthly payment will be applied to higher rate\nbalances before they are applied to lower rate balances. Payment for\nmore than the minimum amount due will be accepted as a single payment\nfor the month; the amount over the minimum is not applied toward future\npayments due.\n12. FINANCE CHARGE(S). Your account is subject to a variable\nrate. Your ANNUAL PERCENTAGE RATE (APR) may increase or\ndecrease if the Index used by the Credit Union increases or decreases.\nThe Index is the highest rate of interest indentified as the \xe2\x80\x9cPrime Rate\xe2\x80\x9d in\nthe \xe2\x80\x9cMoney Rates\xe2\x80\x9d section of The Wall Street Journal on the third\nbusiness day preceding the end of the most recently concluded calendar\nquarter. To determine the ANNUAL PERCENTAGE RATE that will\napply to your account, a Margin is added to the value of the Index. Your\nMargin and the required disclosures of your ANNUAL PERCENTAGE\nRATE and corresponding monthly periodic rate are set forth in the \xe2\x80\x9cHow\nYour Annual Percentage Rate is Determined\xe2\x80\x9d section of the separate\ndocument provided to you referred to in Section 1. The ANNUAL\nPERCENTAGE RATE can change quarterly on the first day of the\nbilling cycles which begin in the months of January, April, July, and\nOctober. There is no limit on the amount by which the ANNUAL\nPERCENTAGE RATE can change except that the ANNUAL\nPERCENTAGE RATE will never be more than 25.00%. In no event will\nthe rate ever exceed the maximum rate permitted by law. Any change in\nthe ANNUAL PERCENTAGE RATE affects your entire balance and is\neffective at the beginning of the first billing cycle which follows the\nchange. The Credit Union reserves the right to substitute a\n4\n\nSecured.VISA.Truth.In.Lending.12.2020.pdf 6\n\nagree to pay any related charges that are imposed as a result of\nyour use of the Visa Credit Card or an ATM.\n\ncompleted if any of the following circumstances apply:\n\xe2\x80\xa2 Through no fault of ours, you do not have sufficient funds\navailable in your credit line;\n\xe2\x80\xa2 The transaction would cause you to exceed your credit limit;\n\xe2\x80\xa2 The ATM where you are requesting a cash advance does not have\nenough cash;\n\xe2\x80\xa2 The terminal or system was not working properly and you knew\nof the malfunction at the time you initiated the transactions;\n\xe2\x80\xa2 Circumstances beyond our control (such as fire or flood) prevent\nthe transaction, despite reasonable precautions we have taken;\n\xe2\x80\xa2 Your Card is retained by the ATM;\n\xe2\x80\xa2 Your Card or PIN has been reported lost or stolen and your\naccount has been blocked or frozen;\n\xe2\x80\xa2 Your account is in default;\n\xe2\x80\xa2 You or anyone authorized by you to conduct a transaction\ncommits fraud or violates any laws or regulations; or\n\xe2\x80\xa2 You fail to follow the instructions on the screen or terminal.\n32. LIABILITY FOR UNAUTHORIZED USE. You may be liable\nfor the unauthorized use of your credit card. You will not be liable for\nunauthorized use that occurs after you notify Michigan First Credit\nUnion at the address or telephone number set forth below. You must\nnotify us orally or in writing of the loss, theft, or possible unauthorized\nuse. In any case, your liability will not exceed $50.00. Notify us at:\n\nCard Services Dispute Processing\nP.O. Box 37035\nBoone, IA 50037\n866.820.2946\nOR\nMichigan First Credit Union\n27000 Evergreen Road\nLathrup Village, Michigan 48076\n800.664.3828\n\n33.LIMITATIONS OF RESPONSIBILITY. We will not be\nresponsible for merchandise or services purchased by you with the\nCard(s). We are not liable for the refusal or inability of merchants,\nfinancial institutions and others to accept your card(s) or electronic\nterminals to honor them or complete a transaction, or for their retention\nof the Card(s).\n\n9\n\n06/25/21 5:06 PM\n\n\x0cunless you can provide us with the merchant\xe2\x80\x99s\ncancellation number.\n\xe2\x80\xa2 Recurring Transactions \xe2\x80\x93 If you authorize a merchant to charge\nyour Account for repeat transactions without your Card, you must\nnotify the merchant, and not us, when you want to discontinue the\nrepeat transactions.\n\xe2\x80\xa2 Dispute Access \xe2\x80\x93 If you disagree with a transaction on your\nstatement or have a dispute with a merchant as a result of a\ntransaction, you agree to provide us with information and\nassistance we reasonably request. Otherwise, you will pay us for\nany resulting loss we have, unless we are prohibited by law from\nholding you liable for our loss.\n\n27. CARD AGREEMENT. You understand that your Visa\nCredit Card is issued by us, remains our property, and is subject to rules\ngoverning ATM networks, which financial institutions must follow. The\nCards are not transferable. By using your Card, you are agreeing to the\nfollowing additional terms: (1) To abide by the rules and regulations and\nthose of the participating ATM network as may be amended; (2) That we\nand the ATM network may follow all electronic instructions given through\nthe ATM; (3) that we may restrict the use of or terminate your Card at any\ntime without notice to prevent loss to your account or to the Credit Union;\n(4) your Card may not be used for any illegal transaction.\n28. DAILY LIMITS. You agree to adhere to any daily limits established\nby the Credit Union in conformance with the ATM network agreement\nand which are subject to modification to preserve the integrity of the ATM\nnetwork and prevent loss to the Credit Union or its members. The current\ndaily limit is $800.00, the credit union may change this limit in its discretion\nand without prior notice.\n29. PERSONAL IDENTIFICATION NUMBER (PIN). Upon request\nwe will furnish you with a Personal Identification Number (PIN).\nYou agree to keep the PIN confidential. You also agree you won\xe2\x80\x99t write the\nPIN on the Card or anything you keep with the Card. Your use of the PIN\nand Card in getting a Cash Advance or making a Purchase is\nagreed to constitute your signature for purposes of such transactions.\nYou can also use your card together with your Personal Identification\nNumber (PIN) to get a Cash Advance from an Automated Teller Machine\n(ATM) in the Visa Network, to get a Cash Advance from a Visa\nfinancial institution, or to make a Purchase from a merchant that uses\nthe Card in an electronic terminal that accesses the Visa system. IF\nYOU FORGET OR DO NOT ENTER YOUR PIN CORRECTLY,\nTHE ATM MAY KEEP YOUR CARD THE THIRD TIME THE\nPIN IS ENTERED INCORRECTLY. THIS PROCEDURE IS FOR\nSECURITY MEASURES. KEEP YOUR PIN IN A SECRET PLACE. If\nyou authorize us to issue a Card to anyone else for use through any\nelectronic access device, you are authorizing that individual to withdraw\nfunds from any account which can be accessed by that Card, regardless\nof whether that individual is authorized to withdraw money from the\naccount by any other means.\n30. FEES AND CHARGES. You agree to pay the various fees and\ncharges with respect to your Account as set forth in the fee schedule\nincluded with this Agreement or as otherwise provided to you. You agree to\npay any related charges that are imposed as a result of your use of the Visa\nCredit Card or an ATM.\n8\n\nSecured.VISA.Truth.In.Lending.12.2020.pdf 7\n\nsimilar index if the index described above becomes unavailable. The\nFINANCE CHARGE(S) is calculated by applying the above periodic\n(monthly) rate to the Average Daily Balance (including new purchases).\nAn \xe2\x80\x9cAverage Daily Principal Balance\xe2\x80\x9d is calculated separately for\npurchases and cash advances and is determined as follows: For each day\nduring the statement period (billing cycle) the principal balances of\npurchases and of cash advances from the previous day are increased by\nany purchases or cash advances posted to the Account that day and\ndecreased by any payments or credits posted to the Account that day.\nSuch daily principal balances are separately totaled and then divided by\nthe number of days in the statement period (billing cycle), resulting in\nthe \xe2\x80\x9cAverage Daily Principal Balances\xe2\x80\x9d of purchases and cash advances\nshown on your statement. You can avoid FINANCE CHARGE(S) on\npurchases by paying the full amount of the New Balance of Purchases\neach month on or before the payment due date shown on your monthly\nstatement. Otherwise, the New Balance of Purchases, and subsequent\npurchases from the date they are posted to your account, will be subject\nto FINANCE CHARGE(S), except that if during the previous billing\ncycle you paid all amounts owing in full by the Payment Due Date, then\nin the current billing cycle you will have a free interest period\non the amount of the New Balance of Purchases remaining from the\nprevious billing cycle that is paid by the Payment Due Date based on our\npayment allocation method.\n13. PERIODIC STATEMENTS. We will send you a statement\nevery month showing your previous balance, purchases and cash\nadvances, payments made on your account, periodic rate, annual\npercentage rate, finance charge and its method of computation, any\nother charges, free interest period, payment due date, procedures\nfor error resolution, Minimum Payment required, and the closing\ndate with corresponding New Balance for the billing cycle. You may\nnot receive a statement on your Account if there has been no activity\nor if collections procedures have been initiated against you because\nyou are in default. Each statement is deemed to be a correct\nstatement unless you establish a billing error pursuant to the Federal\nTruth in Lending Act as described in this Agreement.\n14. DEFAULT. You will be in default and we may, to the\nextent permitted by law, terminate your credit line and declare the entire\nunpaid balance of the account immediately due and payable, under any\nof the following conditions:\n\xe2\x80\xa2 you fail to make the minimum payment by the statement\npayment due date;\n\xe2\x80\xa2 you breach any other promises made in or conditions of the\nAgreement and/or any other agreement with us;\n\xe2\x80\xa2 you use your card for an illegal transaction;\n\xe2\x80\xa2 if you become involved in any insolvency, receivership,\nguardianship, conservatorship, or any other proceeding which\ndetermines you are incapable of managing your financial affairs,\nincluding filing for Bankruptcy;\n\xe2\x80\xa2 you have made a false or misleading statement in your credit\napplication and/or in your representation to us while you owe\nmoney on your account;\n\xe2\x80\xa2 a judgment or tax lien is filed against you or any attachment\nor garnishment is issued against any of your property or accounts,\n5\n\n06/25/21 5:06 PM\n\n\x0cincluding anyone starting an action or proposing to seize any of\nyour funds on deposit with us;\n\xe2\x80\xa2 we in good faith determine that your creditworthiness (which\nincludes your ability to repay us) has become unsatisfactory due to\nchange in employment, increase in your other obligations, or because\nof any other reason, time being of the very essence;\n\xe2\x80\xa2 you die; or\n\xe2\x80\xa2 government action precludes us from imposing the annual percentage\nrate or a government authority has notified us that continued advances\nconstitute an unsafe and unsound practice. In the event of any default,\nwe may, at our option, declare the entire balance on the Account to be\nimmediately due and payable. If you are in default we may, instead of\nterminating your Account and declaring the entire unpaid balance due\nand payable, suspend your credit privileges but not declare what you\nthen owe immediately due and payable. If we do the latter, we reserve\nthe right to later terminate the Account and declare the entire unpaid\nbalance due and payable at any time before you cure the default by\npaying all past due amounts.\n15. COLLECTION COSTS. You also agree that, in case of default, you\nwill pay all usual and customary costs of collection permitted by law,\nincluding, but not limited to, attorney fees and expenses incurred by us in the\nenforcement of this agreement.\n16. DELAY OR FAILURE TO ENFORCE. We do not lose our\nrights under this or any related agreement if we delay or fail to enforce them.\nWe can accept late payments or partial payments without losing any of our\nrights under this Agreement.\n17. NOTIFICATION OF ADDRESS CHANGE. You agree to\nnotify us promptly if you change your name, street address, email\naddress or telephone number.\n\n18. ADDRESS FOR NOTICES TO US. All notices under this\n\nAgreement must be in writing and mailed to Michigan First Credit Union,\n27000 Evergreen Road, Lathrup Village, Michigan 48076.\n\n19. CHANGE IN TERMS. From time to time, we may amend this\nAgreement by mailing a written notice of the amendment to you at the last\naddress shown for you in our records. In the event the terms we are\nchanging require advance notice by law, we will comply with the\nrequirements of that law.\n20. YOU MAY CANCEL THE ACCOUNT. You may cancel the account\nwhenever you choose. If you do, you agree to cut each Card in half and\nreturn it to us at the address shown in Section 18 above, along with your\nwritten notification that you wish to cancel the Account. Such cancellation\nwill become effective within five days after the notice is received by us. You\nwill still be responsible for the repayment of any outstanding balance on\nyour Account and any other amounts that have not yet been billed to you.\n21. WE MAY CANCEL THE ACCOUNT. We have the right to\ncancel the Account at any time upon written notice sent to you at the last\naddress shown for you in our records. You agree to discontinue the use of\nthe Cards, and to return the Cards to us, at our request.\n\n6\n\nSecured.VISA.Truth.In.Lending.12.2020.pdf 8\n\n22. CREDIT REPORTING AGENCIES. You authorize us to\ninvestigate your credit standing when opening, renewing or reviewing\nyour Account, and you authorize us to disclose information regarding our\nexperience with you under this Agreement to consumer reporting\nagencies, bureaus and other creditors. If you request it, we will provide\nthe name and address of each consumer reporting agency used for this\npurpose. If you believe we have reported inaccurate information about\nyou to a consumer reporting agency, please notify us at Michigan First\nCredit Union, 27000 Evergreen Road, Lathrup Village, Michigan 48076.\nIn doing so, please identify the inaccurate information and tell us why\nyou believe it is incorrect. If you have a copy of the credit report that\ncontains the alleged inaccurate information, please send us a copy of that\nreport as well. You are hereby notified that negative information will be\nprovided to appropriate consumer reporting agencies if you fail to\nperform your obligations under this agreement.\n23. TRANSACTION SLIPS. Your periodic statement will\nidentify the merchant, electronic terminal location, or financial institution\nat which transactions were made. You must retain the copy of such slips\nfurnished at the time of each transaction in order to verify the transactions\nlisted on your statement as transaction slips cannot be provided by\nMichigan First Credit Union.\n24. CREDITS. If merchants who honor your Card give you a\ncredit for returns or adjustments, they will do so by processing a credit\nwhich we will post to your Account. You should keep your copy of the\ncredit slip to verify your monthly statement. If your credits and payments\nexceed what you owe us on the Account we will credit such excess to the\nAccount and, if the amount is $1.00 or more, we will credit it to your\nshare account after two (2) months or upon your written request.\n25. FOREIGN TRANSACTIONS. Purchases and cash\nadvances made in foreign countries and foreign currencies will be billed\nto you in U.S. dollars. The exchange rate for transactions in a foreign\ncurrency will be a rate selected by Visa from the range of rates available\nin wholesale currency markets for the applicable central processing date,\nwhich rate may vary from the rate Visa itself receives, or the government\nmandated rate in effect for the applicable central processing date. In\naddition, as provided in Section 30, we will separately bill you a 1%\nInternational Transaction Fee.\n\n26. TRANSACTIONS WITH MERCHANTS.\n\xe2\x80\xa2 Return Policies \xe2\x80\x93 If a merchant discloses a policy such as but not\nlimited to \xe2\x80\x9cno returns,\xe2\x80\x9d \xe2\x80\x9cno refunds,\xe2\x80\x9d \xe2\x80\x9cas is,\xe2\x80\x9d or \xe2\x80\x9call sales final\xe2\x80\x9d\nyou will be bound by that policy when you use your Account to\nbuy goods or services from that merchant.\n\xe2\x80\xa2 Reservations \xe2\x80\x93 When using your Account to make a travel or\nlodging reservation, obtain the merchant\xe2\x80\x99s cancellation policy\nand follow it if you wish to cancel. If you cancel, obtain the\nmerchant\xe2\x80\x99s cancellation number that is required to be provided to\nyou. The merchant may charge you for a cancelled transaction\n7\n\n06/25/2021 5:06 PM\n\n\x0c'