collect on this Account, you agree to pay our reasonable at torney’s
fees and court costs. You will pay our reasonable attorney’s fees and
court costs whether the legal action we take is a collection lawsuit,
a  proceeding  to  protect  our  interests  if  you  become  a  bankruptcy
debtor, an appeal, an action to enforce a judgment, or any other type of
 proceeding. You authorize us to add reasonable collection costs to
your   Account  balance  and  charge  interest  on  them  at  the  rate
 applicable to cash advances. 

M. OTHER RIGHTS APPLICABLE TO CREDIT CARDS

1.  Unauthorized Use of Lost or Stolen Cards. You agree to notify us
promptly of the loss, theft or other actual or possible unauthorized use
of any Card we issue to you. Call (800) 556-5678.  Although you are
generally not be liable for unauthorized use (except that you may be
 liable  for  up  to  $50  for  unauthorized  PIN-based  transactions),  all
SLFCU members benefit if unauthorized Card use losses are kept to a
minimum.

Once you report your Card as lost or stolen, you agree not to
 attempt  to  use  it. A  replacement  card  will  usually  be  issued  to  you.
If you find your card after reporting it lost or stolen and attempt to use it,
a  merchant  may  capture  the  Card  and  you  will  have  to  pay  a  card
 capture fee. 

If you report your Card as stolen, you agree to cooperate with our
investigation. Your failure to file a police report or otherwise cooperate
with our investigation may give us reasonable grounds to deny your
claim of unauthorized use. Although we will not close your Account solely
 because you exercise your rights to report unauthorized activity or other
errors under the Fair Credit Billing Act, our determination that your  report
of  unauthorized  Card  activity  was  not  made  in  good  faith  may  be
grounds for closing your Account to future use. If we decide that you
have an excessive number of lost or stolen cards, we may not issue a
 replacement card or open a new account for you. 

2.  Merchant Disputes. We are not responsible for the refusal of any
merchant  or  other  financial  institution  to  honor  you  Card.  We  are
 subject to good faith claims and defenses recognized by law (other
than tort claims) arising out of goods or services you purchase with
the Card, but only if you have made a good faith attempt but have been
unable  to  obtain  satisfaction  from  the  plan  merchant  and  (a)  your
 purchase  was  made  in  response  to  an  advertisement  we  sent  or
 participated  in  sending  you;  (b)  your  purchase  was  made  from  a
 merchant we own or operate; or (c) your purchase cost more than $50
and was made from a merchant in your state or within 100 miles of your
home. We are relieved from any liability if you have already paid us for
the  disputed transaction. Any other disputes you must resolve directly
with the merchant.

3.  Credits: A merchant who honors your Card and gives you credit
for returns or adjustments will do so by sending us a credit slip which
we will post to your Account. Subject to Section D.15 of this Agree-
ment, if your credits and/or payments exceed what you owe, we will
hold  and  apply  this  credit  balance  against  future  transactions,  or
 refund it on your written request if it is $1.00 or more.

N. TERMINATION

1.  We may terminate this Agreement and close your Account at any
time by sending you a written notice of the termination and the lawful
business reasons for so doing.

2. We can close your Account without prior notice if you fail to pay on
time, or we have evidence or a reasonable belief that you are unable or
unwilling to repay your Account balance. A significant increase in your
obligations, your filing for bankruptcy relief, your unemployment, your
failure  to  meet  other  obligations  you  have  to  us,  or  your  death,  are
 examples of circumstances that could lead us to close your Account
without notice. We will give you advance notice required by law for other
terminations. If we close your Account with or without notice due to your
breach of this Agreement or any other agreement you have with us, your
death or your bankruptcy, we can demand that you pay off the  entire bal-
ance at once.

3.  You can close your Account by sending us a written request and
cutting all issued Cards and courtesy checks in half and returning them
to us. 

4.  If we or you close your Account, you agree to surrender all issued
Cards and courtesy checks to us. The Cards and courtesy checks remain
our  property.  Even  if  your Account  is  closed,  you  must  still  pay  your
 outstanding balance in full under the terms of this Agreement.

O. GENERAL TERMS

This Agreement  reflects  your  obligations  to  us  with  respect  to  all
 Account transactions you make even though sales, cash advance or credit
slips you sign may contain different terms. If any part of this Agreement is
found  to  be  invalid,  the  remaining  provisions  will  continue  in  effect.
It will not be construed against either party. Federal law, including  Federal
Reserve Regulation Z, and any applicable state law not pre-empted by
 federal law, will govern this Agreement’s interpretation.

BILLING RIGHTS: KEEP THIS NOTICE FOR FUTURE USE
STATE AND LOCAL LAW

The following summary of your rights under federal law does not cover
all rights you may have under State and local law. If, under State or local
law, you have a longer of period of time in which to send an inquiry to us
concerning your statement, reliance on any such longer time period may
result in your losing important rights that could be preserved by acting more
promptly under federal law. State or local provisions, if any, only  become
operative  upon  the  expiration  of  the  time  period  provided  by   Federal
 Reserve Regulation Z for submitting a proper written notification of an error.
This  notice  contains  important  information  about  your  rights  and

 responsibilities under the Fair Credit Billing Act.

Notify Us In Case of Errors or Questions About Your Statement

If you think your statement is wrong or you need more information
about  a  transaction  on  your  statement,  you  must  write  to  us  at  Card
 Services, 3707 Juan Tabo NE, Albuquerque, NM 87111. Write to us as
soon as possible. We must hear from you no later than 60 days after we
sent you the first statement on which the error or problem appeared. You
can telephone us at (800) 947-5328 or (505) 293-0500 but doing so will not
preserve your rights. 

In your letter give us the following information:

• Your name and account number.
• The dollar amount of the suspected error.
• A description of the error and, if possible, an explanation of why
you  believe  there  is  an  error.  If  you  need  more  information,
 describe the item you are not sure about.

If  you  have  authorized us  to  make  your  Account  payment  auto  -
matically, you can stop the payment on any amount you think is wrong.
To stop payment, your request must reach the financial institution where
you maintain the account from which the payment is deducted (which
may be SLFCU or another financial institution) at least three business
days before the automatic payment is scheduled to occur. You may be
required to confirm an oral request in writing within 14 days, and if you
do not do so, your oral stop payment request may lapse. 

Your Rights and Our Responsibilities After We Receive
Your Written Notice

We  must  acknowledge  your  letter  within  30  days,  unless  we  have
 corrected the error by then. Within 90 days, we must either correct the
error or explain why we believe the statement was correct.

After we receive your letter, we cannot try to collect any amount you
question or report you as delinquent. We can continue to bill you for the
amount you question, including finance charges, and we can apply any
unpaid amount against your credit limit. You do not have to pay any
 questioned amount while we are investigating, but you are still obligated
to pay the parts of your statement that are not in question.

If we find that we made a mistake on your statement, you will not
have to pay any finance charges related to any questioned amount. If we
did not make a mistake, you may have to pay finance charges, and you
will have to make up any missed payments on the questioned amount.
In  either case, we will send you a statement of the amount you owe and
the date that it is due. 

If you fail to pay the amount that we think you owe, we may report
you as delinquent. However, if our explanation does not satisfy you and
you write to us within 10 days telling us that you still refuse to pay, we
must tell anyone we reported you to that you have a question about your

statement. And we must tell you the name of anyone we reported you to.
We  must  tell  anyone  we  report  you  to  that  the  matter  has  been  settled
 between us when it finally is.

If we do not follow these rules, we cannot collect the first $50 of the

 questioned amount, even if your statement was correct.

Special Rule for Credit Card Purchases

If you have a problem with the quality of goods or services that you
 purchased with a credit card, and you have tried in good faith to correct the
problem with the merchant, you may have the right not to pay the remain-
ing amount due on the property or services. There are two limitations on
this right: (a) you must have made the purchase in your home state or
within 100 miles of your current mailing address; and (b) the purchase price
must have been more than $50. These limitations do not apply if we own or
 operate  the  merchant,  or  if  we  mailed  you  the  advertisement  for  the
 property or services.

NOTICE TO CALIFORNIA RESIDENTS

Under California law, our right to recover credit extended to you for credit
card purchases is subject to any defenses that you have against the seller if:

1. The purchase price of the item in question exceeded $50;
2. The purchase was made in California;
3.  You  made  a  written  demand  on  the  retailer  and  made  a  good  faith

 attempt to get satisfaction of your complaint; and

4. You notify us in writing of the name of the seller, the date of purchase, the
price paid, the goods or services purchased, and the acts that you took to
 obtain satisfaction from the seller. 

The  amount  to  which  the  defense  applies  is  limited  to  the  amount
 outstanding on the purchase as well as late charges and finance charges at
the time we receive the written demand.

This remedy is the only one you have against us. Your rights are limited to
those circumstances outlined in California Civil Code §1747.90. Purchases
with cash or check are not included in this section even though you used your
credit card to validate your credit. 

We cannot penalize you by either giving out unfavorable credit information
about you or canceling or refusing to renew your credit card solely  because
you obtained relief under the remedies you have for correcting billing errors.

ATM DISCLOSURE

This part of this disclosure includes special provisions applicable to the use
of the Card to obtain cash advances at Automated Teller Machines (ATMs).
This disclosure addresses only credit card cash advances at ATMs. Refer to
your separate Electronic Funds Transfer disclosure for a complete disclosure
of terms applicable to ATM Cards and Debit Cards. 

Available Services

The ATM you use may restrict the number of credit card transactions and
the  amount  of  each  transaction.    Each  ATM  owner  determines  hours  of
 service, but ATMs are generally available 24 hours a day, 7 days a week,
 subject to periodic closures for maintenance.

Documentation of Transactions

The ATM may generate a receipt for cash advance transaction, and ATM

cash advance transactions will appear on your monthly statement.

Credit Union Liability

We will not be liable for failure to complete cash advance transactions if:
1.  Your Account does not have available credit to make the transaction; 
2. The ATM  system  was  not  working  properly  and  you  knew  about  the

breakdown when you started the transaction;

3. Your personal identification number (PIN) or Card has been reported lost

or stolen and we have blocked its use;

4. Circumstances beyond our control, such as communication malfunction,
fire, flood, electrical failure, or malfunction of the central data processing facility
prevent completion of the transaction despite our reasonable precautions; or

5. We establish other lawful exceptions and notify you of them. 

Security

Do not use an ATM machine unless it appears safe to do so. Do not key in
your PIN if someone is looking. Take your Card, receipt and money when you
are done, put your money away quickly, and leave the site.

NOTICE TO CO-SIGNER
(Traduccion en Ingles Requiere Por Lay Ley)

You are being asked to guarantee this debt. Think care-
fully before you do. If the borrower doesn’t pay the debt,
you will have to. Be sure you can afford to pay if you have
to, and that you want to accept this responsibility. 

You may have to pay up to the full amount of the debt
if the borrower does not pay. You may also have to pay
late fees or collection costs, which increase this amount.
The creditor can collect this debt from you without first
trying to collect from the borrower. The creditor can use
the  same  collection  methods  against  you  that  can  be
used against the borrower, such as suing you, garnishing
your wages, etc. If this debt is ever in default, that fact
may  become part of your credit record.

This notice is not the contract that makes you liable

for the debt.

AISO PARA EL FIADOR
(Spanish Translation Required by Law)

Se le está pidiendo que garantice esta deuda. Piénselo
con cuidado antes de ponerse de acuerdo. Si al persona
que  ha  pedido  este  préstamo  no  pagó  la  deuda,  usted
 tendrá que pagarla. Esté seguro de que usted podrá pagar
si sea obligado a pagarla y de que usted desea aceptar la
responsabilidad.

Si la persona que ha pedido el préstamo no paga la
deuda, es posible que usted tenga que pagar la suma total
de la deuda, mas los cargos por tardarse en al pago o el
costo de cobranza, lo cual aumenta el total de esta suma. 
El acreedor (financiero) puede cobrarle a usted sin,
primeramente,  tratar  do  cobrarle  al  deudor.  Los  mismos
metodos de cobranza que pueden usarse contra el deudor,
podran  usarse  contra  usted,  tales  como  presentar  una
 demanda en corte, quitar parte de su sueldo, etc. Si  alguna
ves no se cumpla con la obligación de pagar esta deuda,
se puede incluir esa información en la historia de credito
de usted.

Este aviso no es el contrato mismo en que se le scha a

usted la responsabilidad de la deuda.

© 2012  Greene & Allison LLP. All rights reserved.  

VISA® and MasterCard® Credit Card Agreement
and Truth in Lending Disclosure

Interest Rate and Interest Charges

Annual Percentage
Rate (APR)
for Purchases

with No Rebate

9.25% VISA® Gold with No Rebate
9.75% VISA® Classic or MasterCard®
11.00% VISA® Gold with Rebate
11.50% VISA® Classic or MasterCard®
11.50% VISA® Student Card

with Rebate

with Rebate

APR for Balance
Transfers

APR for Cash
Advances

Same as above

Same as above

Penalty APR and
When It Applies

None

How To Avoid
Paying Interest

Your due date is at least 25 days after the
close of each billing cycle. We will not charge
you any interest on purchases if you pay your
entire balance by the due date each month.
We will begin charging interest on cash
 advances and balance transfers on the
 transaction date. 

Minimum Interest
Charge

None

For Credit Card
Tips from the
Consumer Financial
Protection Bureau

To learn more about factors to consider
when applying for or using a credit
card, visit the website of the Consumer
Financial Protection Bureau at
www.consumerfinance.gov/learnmore

Fees

Annual Fees

None

Transaction Fees

• Balance Transfers
• Cash Advances
• Foreign
Transactions

Penalty Fees

• Late Payment
• Over-the-Credit

Limit
• Returned
Payment

None
$5.00
1% of each transaction in US dollars

Up to $20
Up to $20

Up to $20

M # 106027

How  We  Will  Calculate Your  Balance:  Average  daily  balance  including  new
 purchases. See your account agreement for more details. 

Billing  Rights: Information  on  our  rights  to  dispute  transactions  and  how  to
 exercise those rights is provided in your account agreement.

Monthly Periodic 
Rates: 

VISA® Gold with No Rebate: 0.77%
VISA® Classic or MasterCard® with No Rebate: 0.81%
VISA® Gold with Rebate: 0.92%
VISA® Classic or MasterCard® with Rebate: 0.96%
VISA® Student Card with Rebate: 0.96%

The extension of credit to you under this Agreement will be subject to the  following
terms. Parts in bold face meeting Truth in Lending disclosure  require ments. Read
this entire Agreement and keep a copy for your records.  “Applicant” refers to any
person who signs the Credit Application, will receive a VISA® or MasterCard® Credit
Card and will use the VISA® or MasterCard® Credit Card  Account. A Credit Card
 Account may have one or more Applicants. “Co-Signer” refers to a person who
signs a Credit Application and is responsible for all charges incurred using the
Credit Card Account but who will not be issued a Card and will not use the  Account.
“SLFCU,” “we” and “us” refer to Sandia Laboratory Credit Union. “You” and “your”
refer to any Applicant and, if the context indicates, to any Co-Signer. “Account”
refers to the line of credit established under this Agreement. “Card” refers to the
credit card(s) issued under this Agreement. The singular implies the plural if there
is more than one Applicant or Co-Signer.

A. LOAN ADVANCES

1.  You affirm that any Account established for you under this Agreement will be
used for personal, family or household purposes and not for business purposes.
2.  If the Credit Union approves your application, each Applicant will be issued

a Card and will be able to use the Account.

3.  To make a purchase or get a cash advance, you can present the Card to a
participating VISA / MasterCard plan merchant, to the Credit Union, or to  another
financial institution, and sign the sales or cash advance draft imprinted with your
Card number. Keep sales and cash advance drafts to reconcile your monthly
statements. You  can  also  make  purchases  by  giving  your  Card  number  to  a
 merchant by telephone, over the Internet, or by other means, in which case your
only  record  of  the  transaction  may  be  your  monthly  statement. You  can  also
 access  the Account  to  obtain  cash  advances  at  designated ATMs,  subject  to
 additional ATM terms at the end of this Agreement, and to obtain cash advances
via  CU@home  online  banking  in  the  form  of  either  a  deposit  of  the  advance
amount to an SLFCU  account that you designate or a check payable to you and
mailed to you at the  address we have for you in our records. 

4.  We may issue courtesy checks on this Account from time to time.  Any
 Applicant may sign a courtesy check payable to any person or entity that accepts
personal checks. When we pay the courtesy check, it will post to the Account as a
cash advance. There is no additional charge for printing or using courtesy checks
other than the cash advance fee, but if you request special handling, such as a
stop payment, we may charge you the same fee we would charge for the same
service  on  a  regular SLFCU  check  (share  draft).  Fees  for  special  handling  of
checks are shown on the SLFCU Fee Schedule. If you do not wish to use  courtesy
checks,  destroy them. You agree to notify us  immediately if courtesy checks  issued
to you are lost or stolen and to report any unauthorized special checks that appear
on  your Account  statements.  We  operate  in  an  automated  check-processing
 environment and in almost all cases we do not physically  examine checks that
clear. You agree that we have the right but not the obligation to refuse to pay
 courtesy checks that are not signed by an Applicant, and we will not be respon sible
for any  unauthorized courtesy checks if you fail to  report them within 60 days after
we send you the first statement on which they appear. If you wish to stop payment
on a courtesy check, you must notify us before the check is presented to us for
 payment, and you must provide the exact dollar amount and check number or we
may not be able to find it and stop it. We will not be responsible for failure to stop
 courtesy check payments if you do not give us the exact information we require in
sufficient time (at least one business day prior to  presentment) for us to act on your
request. Merchant dispute rights do not apply to courtesy checks, and if a courtesy
check clears, you must resolve any  disputes directly with the payee. 

5.  This Account will be open-end or revolving. This means you can borrow the
full amount of the credit limit, repay the principal in full or in part, and borrow again
up to your credit limit as long as you remain creditworthy and a member of SLFCU
in  good  standing. To  remain  in  good  standing,  you  must  meet  all  of  your
 obligations to SLFCU.

6.  We have the right to refuse to allow you to use your Account for new trans-
actions. We will notify you in writing of the reason for any such denial of credit.
Reasons we can deny you credit include but are not limited to your already  having
borrowed up to your credit limit, an adverse change in your credit standing, your
failure to meet loan- or account-related obligations to us, or our reasonable belief
that a requested transaction is illegal or unauthorized. 

7.  You are not permitted to use your Account for illegal transactions such as
 illegal Internet gambling. We have the right but not the duty to refuse to authorize
a  transaction  if  we  reasonably  believe  it  is  illegal.  Responsibility  for  deter -
mining the legality of transactions rests with you, not with us. You cannot use the
actual  or  alleged  illegality  of  an  authorized  transaction  on  your Account  as  a
 defense to your obligation to pay it.

8.  You  are  not  permitted  to  transfer  one  SLFCU  credit  card  balance  to 
another SLFCU credit card Account, and you may not use advances on an SLFCU
Credit Card Account to pay other obligations you have to SLFCU.

B. REPAYMENT OBLIGATIONS

1.  Each Applicant and Co-Signer is obligated to repay the Account under the

terms of this Agreement.

2.  Each Applicant  and  Co-Signer  is  also  obligated  to  repay  any  charges
 resulting from the use of the Account by an Authorized User, regardless of whether
the Authorized User stays within the limits of permission given to use the Account.
We are not subject to agreements between you and Authorized Users limiting their
use of the Account. An Authorized User is any person to whom an Applicant or
Co-Signer has given actual, implied or apparent permission the Account. 

3. Each Applicant and Co-Signer remains obligated to repay all obligations
 incurred under this Agreement until we are notified in writing to close the  Account
and all issued Cards are returned to us. Closing of the Account will not relieve
any Applicant or Co-Signer of payment obligations incurred prior to our receipt of
notice to close the Account.

5.    Each Applicant  and  Co-Signer  remains  bound  to  repay  all  obligations
 incurred under this Agreement, even though another person has been directed to
pay the debt by an agreement or court order to which we are not a party, such as
a divorce decree. Any release from the obligation to pay under this Agreement
must be either (a) in writing and signed by an authorized SLFCU employee or
(b) pursuant to a court order in an action to which SLFCU is a party.

6.  Co-Signers, who do not have access to the Account but are liable to repay
it, acknowledge receipt of a copy of this Agreement as well as the separate  Notice
to Co-Signer.

C. CREDIT REVIEW

We will set a credit limit on your Account and review your Account from time to
time. We may consider your credit history with third parties such as credit  bureaus,
your history of meeting your obligations to SLFCU, and updated financial infor-
mation we request from you. Based on our review, we may increase or  decrease
your credit limit, increase or decrease your interest rate, or close your  Account.
We will give you notice required by law if we make changes adverse to you. You
can  request  a  credit  limit  increase  by  submitting  a  written  application  to  us.
All Credit Cards issued or re-issued are subject to approval. If your Account has
been inactive for six consecutive months, it may not be automatically renewed.

D. REPAYMENT TERMS

1.  You promise to pay SLFCU or order (a) at one of our offices or (b) by mail-
ing payment to us at the address designated on your billing statement, all sums
 advanced to you under this Agreement at any time plus interest and other fees and
charges incurred under this Agreement. The Finance Charge is the amount of
money you pay for the money you borrow. The interest component of the
 Finance Charge is based on an Annual Percentage Rate.

2.    Grace  Period  on  Purchases:  If  you  paid  your  previous  statement’s
 balance in full before its due date, or you  had no previous balance at the
 beginning of the billing cycle, you will have a grace period of 25 days on
 average to pay your purchase balance without interest finance charges. If you
do not pay your  balance in full before the end of the grace period,  interest will
be assessed on your entire outstanding balance including new purchases.

3. The interest rate on your Account will depend on which credit card you
request and will be established when we open your Account. The ANNUAL
PERCENTAGE RATE and Monthly Periodic Rate for our Credit Card  Account
programs are shown at the top of this Agreement. You will receive a sepa-
rate written notice before you become obligated informing you of the type
of Credit Card Account we have opened for you and your credit limit. Rates

 applicable to your Account will also be disclosed to you on periodic
 statements we will send you. 

4. We have the right to change the interest rate applicable to your
 Account for any lawful reason, including but not limited to our review of
your Account (see Section C of this Agreement) by giving you notice
 required by law. Any increased interest rate will apply only to transac-
tions initiated at least 14 days after we send you the notice.

5. Your minimum monthly payment will be the greater of 3% of the
current  monthly  balance  or  $20,  plus  any  over-limit  or  delinquent
amounts. If your balance is less than $20, you must pay it in full. 

6. Calculation of Finance Charges: Average Daily Balance Method.
 Interest is calculated separately for purchase balances and cash advance
 balances. We arrive at the interest portion of the Finance Charge for each
balance type by first calculating the average daily Account balance for
the statement period. To obtain the daily Account balances of purchases,
we add any new purchases to the previous day’s purchase balance, then
 subtract any payments or other credits applied to the purchase balance.
To obtain the daily Account balances of cash advances, we add any new
cash advances to the previous day’s cash advance balance, then sub-
tract any payments or other credits applied to the cash advance balance.
We then total the daily balances for the statement period and divide by
the number of days in the period to get the Average Daily Balance. This
figure is multiplied by the Monthly Periodic Rate (1/12 of the APR) to
 obtain the interest component of the Finance Charge.

7.  We will apply payments on your Account first to fees such as late
fees, then to interest, then to principal. If your payment exceeds the
 required minimum, any excess will be applied to higher rate balances
before it is  applied to lower rate balances. If purchase and cash advance
balances bear interest at the same rate, payments are applied first to
 previously billed  purchases, then to previously billed cash advances,
then to current cash  advances, then to current purchases.

8.  You can repay the balance you owe, including accrued finance

charges, in full at any time without a prepayment penalty.

9.  Increases  in  the  outstanding  balance  increase  the  required

 minimum payment, which will be reflected in the monthly statement.

10. We will send you periodic statements of your Account which will  advise

you of the status of your Account and any information required by law.

11. You will make monthly payments on or before the due date specific

in your periodic statements.

12.

If  at  any  time  your  current  unpaid Account  balance  exceeds  your
 authorized credit limit, you must, upon our written demand, immediately make
a single lump-sum payment to reduce your balance to an amount within the
authorized credit limit. 

13. Foreign  Transactions:  For  VISA® transactions  initiated  in  foreign
 currencies, the exchange rate between the transaction currency and the billing
currency (U.S. dollars) will be (a) a rate selected by VISA® from the range of
rates  available  in  wholesale  currency  markets  for  the  applicable  central
 processing date, which rate may vary from the rate VISA® itself receives, or
(b)  the  government-mandated  rate  in  effect  for  the  applicable  central
 processing date. For MasterCard® transactions initiated in foreign currencies,
the exchange rate will be a either a government-mandated exchange rate or
a wholesale exchange rate selected by MasterCard® International on the day
they process the transaction, which may differ from the rate that applied on
the day the transaction took place or the day the transaction posted to your
 account. For both VISA® and MasterCard®, if a transaction is initiated in a
foreign  country  or  foreign  currency,  a  fee  of  1%  of  the  transaction
amount in US dollars will be assessed.

14.  Payments in Foreign Currency. You agree to make all payments to us
in U.S. Dollars using payment instruments drawn on U.S. financial institutions.
We may, at our option, accept payments in foreign currency or checks drawn
on non-U.S. banks. If we do, we may impose service and collection charges,
and you agree the charges we set will be final.

15.  Payment Holds. We will promptly credit your payments as required by
law. We may, however, delay for the maximum time allowed by law increasing
your available credit or refunding credit balances until final collection of non-
cash items presented to pay your Account. A delay in increasing your available
credit or issuing a refund will not by itself result in increased finance charges,
but if an item presented for payment on your Account is returned unpaid,
we  can  assess  finance  charges  retroactive  to  the  date  the  payment  was 
credited. 

16. Special Considerations Regarding Merchant Transactions

16.1 If you made a purchase and the merchant discloses a policy such
as “no returns,” “no refunds,” “no credit without receipt, “as is,” “store credit
only,” or “all sales final,” you agree to be bound by that merchant’s policy.
16.2 When you use your Account to make travel or lodging reserva-
tions, you agree to request the merchant’s cancellation policy and follow it
if you cancel. Otherwise, the merchant may charge you unless you can
provide us with the cancellation code the merchant is required to give you.
16.3  If you authorize a merchant to charge your Account for repeat
transactions without your Credit Card, you will notify the merchant when
you want to discontinue the repeat transactions or if your Account is closed. 
16.4  If you disagree with a transaction on your statement, you agree
to provide any information or assistance we reasonably request. Other-
wise  you  will  pay  us  for  any  loss  we  incur,  subject  only  to  any  limits
 imposed by law. 

16.5  A merchant, such as hotel or rental car agency, may place a
“hold” on your Account for anticipated charges. This may result in your
credit limit being unavailable for the duration of the merchant hold, and as
a  result, other transactions may be declined due to lack of available credit. 
17.  You must maintain a regular share account with SLFCU with the
 required minimum balance at all times you have an outstanding balance on
your Account, even if the Account is closed to new transactions.

 account(s) will be shown on a separate security agreement. You will not
be  able  to  withdraw  funds  as  long  as  the  pledge  is  in  effect.  If  you
 default in your payment obligations under this Agreement, we can apply
the shares specifically pledged to pay off this Account in full or in part. 
5.  Cross-Collateral:  Property  you  have pledged  to  secure  other
 obligations to SLFCU, other than real property and household goods,
may also secure this Account if you agree in writing.

6.  Security interests described in this Section G apply even if credit

is otherwise described as “signature” or “unsecured.”

H.  CHANGES IN TERMS

We may change your Account terms, including the Annual Percentage
Rate, by giving you advance written notice required by law. A “change”
can amend an existing term, add a new term, or a delete an old term.
If you do not want the changes to apply to your Account, you can cut all
issued Cards in half and send them to us with a written  request to close
the Account. If you do that, you must pay off any outstanding balance
under the old terms and interest rate. If you keep your Card, the new
terms and new interest rate will apply to all transactions on the account
that  occur  14  or  more  days  after  we  send  you  the  Change  in Terms
 notice, and the old Annual Percentage Rate will apply to  purchase and
cash advance transactions that took place prior to the date 14 days after
we sent you the notice.

E. OTHER CHARGES

You  will  pay  the  following  fees  in  connection  with  breach  of  your

I. HONEST DEALING

 obligations or services you request:

Returned Payment Instrument . . . . . . . . . . . . . up to $20.00 per returned item
Account Research. . . . . . . . . . . . . . . . . . . . . $20.00 per hour, $5.00 minimum,
waived if credit union error is revealed

Late Payment . . up to $20.00 if the payment is received one or more days late
Over-the-Credit-Limit . . . . . . . . . . . . . . . . . . up to $20.00 if you opt-in allowing  
your credit limit to be exceeded

Plastic Card Replacement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $5.00 each
Cash Advance Fee . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $5.00 each
Statement Copy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $2.00 per page

You will also pay direct costs that the Credit Union incurs for complying
with your special service requests, such as delivery fees for overnight
 shipment of replacement plastic cards.

F.  REBATES

If you charge goods or services on your Account in any calendar year, a
credit (rebate) equal to 0.5% (VISA Classic Rebate Card, MasterCard
 Rebate Card, VISA Student Rebate Card) or 0.75% (VISA Gold Card) of
all purchases during the year will be paid to you annually. The rebate will
be paid in the form of a credit to your Account.  We reserve the right to
 revoke rebates if you use your card for business purpose transactions or
transactions we reasonably determine to be illegal. 

G. SECURITY INTERESTS

1.  In consideration for and as a condition of SLFCU issuing a credit
card to you, you agree that if you do not make your required payments,
we can take any SLFCU shares in which you have an interest (unless
 prohibited by law or the share agreement) to recover all or part of what
you  owe  without  advance  notice  to  you.  “Shares”  includes  share
 (savings), money market, share draft (checking), and certificate accounts.
IRAs and other accounts subject to preferential tax treatment are not
 included.

2.  This consent does not restrict your right to withdraw funds prior
to your default and our exercise of our rights consistent with this consent,
and is not a pledge by you of any shares.

3.  Our exercise of our rights under this consent will not be an  election

of remedies.

4.  Specific Account Pledge: You may be allowed or required to pledge
specific SLFCU shares as security for the repayment of all credit extended
to you under this Agreement. The dollar amount pledged and the share

You agree to promptly notify us of any information that affects your
credit-worthiness or ability to pay, including but not limited to changes in
your name, address or employment. You agree not to use your  Account
for new transactions if you have reason to believe you will be  unable to
pay what you owe. 

J.  ADDITIONAL TERMS APPLICABLE TO CO-SIGNERS

AND CO-APPLICANTS
As a Co-Signer or Co-Applicant, you understand and agree that you
are obligated to repay any credit extended under this Agreement up to
the  credit  limit,  whether  or  not  you  get  the  money  borrowed  or  the
 property purchased or otherwise benefit from the extension of credit.
You understand that if you had not agreed to be obligated to repay the
credit extended, we would not have approved the credit application.
We can proceed against you if payments are delinquent even before
 seeking to  recover from any other applicant or co-signer. We will give
you notice required by law of any action we take that could adversely
 affect you. We will tell you of any delinquency for which we intend to
hold you  accountable. No extension or partial settlement with any other
obligor on the Account will waive our rights against you as a co-signer
or co-applicant. You can stop being obligated for future transactions by
 writing to us to that effect, but will remain obligated to pay any amounts
borrowed prior to our receipt of your notice.

K. DEFAULT—LIEN—ACCELERATION

1.  If you fail to make your agreed payment within 10 days after the
due date, you authorize us to apply any SLFCU shares in which you
have an interest (unless prohibited by law or the share agreement) to
pay off, in full or in part, the outstanding balance on your Account.
 Unless your Account is secured by a pledge of specific shares this
 consent (a) will not restrict your right to withdraw funds prior to our
exercise of our rights under this consent and (b) does not constitute a
pledge of any share account. Our exercise of our rights under this
 consent is not an election of remedies.

2. If you default on your Account payments, otherwise breach this
Agreement,  become  a  bankruptcy  debtor,  die,  or  breach  any  other
agreement you have with us, we may without notice declare the entire
unpaid balance of your Account immediately due and payable in full.
 Interest will continue to accrue on your Account at the rate called for in
this Agreement even after your default and acceleration of the obligation.

L. COLLECTION COSTS

You agree to pay all reasonable collection costs we incur before we
take legal action against you. If we take legal action against you to