Credit Card Agreement & Disclosure  
Effective: August 1, 2008 

(503) 227-5571 or 1-800-452-0900 
www.unitusccu.com

This Agreement covers the Classic Visa, Secured Visa, and the Platinum Visa Rewards Credit Accounts issued by Unitus Community Credit Union (“Credit Union”). In this Agreement the 
words “you,” “your,” “yours,” “applicant,” and “Borrowers” mean any person who signs the application for this Account, any joint obligor, guarantor, authorized user, or the person whose 
name is embossed on the Card. The words “we,” “us,” “our,” and “Credit Union” mean Unitus Community Credit Union.  The word “Card” means any one or more credit cards issued under 
this Account.  If you sign an application for this Account or sign or use any Card or PIN, or allow others to use the Card or PIN, you and they will have accepted this Agreement just as if 
you and they signed it, and you and they, jointly and severally, will be bound by the following terms and conditions which will govern this Account. 

1. 

2. 

3. 

4. 

5. 

6. 

7. 

8. 

9. 

Payment 
You promise to pay us all amounts, plus any FINANCE CHARGES, which arise from use of the Card or Account by you or any other person, and to be jointly and severally liable with 
such a person, unless such other person does not have actual, implied, or apparent authority for such use, and you received no benefit from the use. You promise to pay us either by 
direct  payment  or  by  automatic  transfers  from  shares  or  by  payroll  deduction.  If  you  request  closure  of  your  Account  and  return  all  of  your  Visa  Credit  Cards  we  will  restrict  your 
account and decline authorization requests for new transactions; however, you cannot disclaim or avoid responsibility for payment by requesting that we close your account. 
Authorized Users/Designated Agents:  If you give your Card or your Account number to another person and authorize that person to make charges against your Account, you are 
liable  for  all  purchases  and  cash  advances  made  by  that  person,  even  if  you  did  not  anticipate  or  specifically  approve  of  the  charges.  If  you  request  Unitus  to  provide  a  Card  to 
another person as an Authorized User/Designated Agent, we will authorize charges made on the Authorized User’s Card until you notify us in writing that the person is no longer 
authorized to make charges and we have sufficient time to act on your written notice.   
Warning for Classic Visa accounts: If you authorize another person to use your Classic Visa account by providing them with a Card and your PIN number, that person will be able to 
access  all  of  your  Unitus  lines  of  credit  and  deposit  accounts  (i.e.  checking,  savings,  etc.).  By  authorizing  persons  who  are  not  joint  owners  on  your  Unitus  accounts  to  use  your 
Classic  Visa  card,  you  authorize  them  to  conduct  transactions  on  all  of  your  Credit  Union  accounts.  Please  refer  to  the  Member  and  Account  Agreement  and  Electronic  Funds 
Transfer Agreement and Disclosure for additional information on powers of authorized users/designated agents and electronic funds transfers using the Classic Visa card to access 
your Unitus deposit accounts. 
Purchases And Cash Advances 
You must sign the Card to use it.  Once you have signed the Card, you can use it to buy or lease goods, services, or insurance wherever the Card is honored, up to the full amount of 
your Credit Line.  You may use your Account to get cash advances from us.  Upon your oral or written direction, cash advances may be made against your VISA Account and applied 
to any of your Credit Union Accounts or other accounts in the same manner as if the cash advances were paid to you.  You may also use your Card to get a cash advance from 
participating financial institutions and to access your line of credit at automatic teller machines (ATM’s) up to the daily limit within the VISA network or any other ATM’s we designate.  
Balance Transfers 
Please allow up to 6 weeks before payments to your other accounts are made.  You should continue to make all required payments until you confirm that the balance transfers were 
made.    The  Credit  Union  is  not  responsible  for  any  merchant  delays  in  processing  transactions.    Balance  transfers  may  not  be  used  to  pay  any  Unitus  Community  Credit  Union 
accounts.  Balance transfers do not earn Unitus Reward Points (Platinum Rewards Visa) or 1% Cash Back (Classic Visa). 
Credit Line 
If we approve your application, this Agreement will constitute a revolving line of credit for an amount, which will be the Credit Line under your Account.  We will advise you of the 
amount of your Credit Line.  That amount will be the maximum amount you may have outstanding at any one time.  You agree not to attempt to obtain more credit than the amount of 
your Credit Line.  However, if you temporarily exceed your Credit Line, you agree to repay the excess immediately, even if we have not yet billed you.  Obtaining such credit does not 
increase your Credit Line.  You agree to pay any over limit fees if you exceed your Credit Line.  We retain the right to increase or decrease your Credit Line at any time.  Any increase 
or  reduction  in  the  amount  of  your  Credit  Line  will  be  shown  on  your  monthly  statement  or  by  separate  notice  together  with  any  changes  in  the  applicable  Minimum  Monthly 
Payments.  Your eligibility for this Credit Line is determined by our loan policy and may be terminated at our sole discretion, without demand or notice.  You may close your Credit 
Line  at  any  time  by  notifying  us  in  writing.  If  you  terminate  this  Agreement  or  if  we  terminate  or  suspend  your  credit  privileges,  the  provisions  of  this  Agreement  and  your  liability 
hereunder shall otherwise remain in full force and effect until you have paid us all sums due us under this Agreement and returned all Cards. 
Minimum Monthly Payment 
You agree that you will pay each month not less than the Minimum Monthly Payment on or before the scheduled monthly due date.  Minimum Monthly Payments include all amounts 
past due, late charges, over limit charges, any balance over the limit, and the minimum regular payment. 
Your minimum monthly payment will be: 

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The Total New Balance shown on your monthly statement, if less than $10.00; or 
The greater of $10.00 or 3% of the Total New Balance shown on your monthly statement, plus any prior monthly payment(s) which remain unpaid on the Classic Visa 
Card, Secured Visa Card or Platinum Rewards Visa Card. 

However, if your minimum monthly payment is not enough to pay the finance charge accrued during any one billing period, we will increase your minimum monthly payment to match 
the accrued finance charge.   
You may pay in full for all your purchases and cash advances each month, or you may repay in monthly installments.  We can accept late payments or partial payments, or checks, 
drafts, and money orders marked “payment in full,” without prejudice to our rights under this Agreement, which are hereby explicitly reserved.  Payments will be applied first to unpaid 
amounts previously billed in the following order: 

1. 
2. 
3. 
4. 
5. 
6. 
7. 
8. 

Late Charges 
Promotional Balance interest 
Cash Advance interest 
Purchase interest 
Fees  
Promotional Balance principal 
Cash Advance principal 
Purchase principal 

Additional payment amounts will be applied toward unpaid amounts from your current monthly statement, in the same order as listed above. 
Security Interest  
To secure your Account, you grant us a purchase money security interest under the Uniform Commercial Code in any goods you purchase through your Account.  If you default, we 
will have the right to recover any of these goods, which have not been paid for through application of your payments in the manner described in Section 5.  Collateral securing other 
loans with the Credit Union, in the past and in the future, (except loans secured by real property) also secures this Account.   
Pledge Of Shares  
By signing the Application, you pledge all of your present and future shares and any earnings thereon. You understand that if you default on your VISA Account, we may apply all that 
is pledged to your VISA Account (IRA and Keogh accounts are excluded from the Pledge of Shares). 
Periodic Statements 
Each month we will send you a statement showing new purchases, cash advances, payments, and credits made to your Account during the billing cycle, your Previous Balance, your 
“Total New Balance,” any finance charge, and any other charges.  Your statement also will identify the remaining credit limit available and the Minimum Monthly Payment you must 
make for that billing period and the date it is due.   You agree to notify us immediately if you do not receive a monthly statement. You agree to retain for statement verification copies 
of transaction slips resulting from each purchase, each advance, and other transactions on your Account.  Unless you notify us of a billing error as described below, you accept your 
monthly statement as an accurate statement of your Account with us. 
Circumstances Under Which A Finance Charge Will Be Imposed 
Your Account will be subject to a finance charge, which will be calculated based upon a variable interest rate.  The total outstanding balance of purchases and cash advances in the 
Account on the closing date of a billing cycle, including any finance charge will be shown on the Periodic Statement for that billing cycle as the “New Balance.”  
a. 

Cash  Advances.  A  finance  charge  will  be  imposed  on  cash  advances  from  the  date  each  cash  advance  is  made.  There  is  no  grace  period  within  which  to  pay  to  avoid  a 
periodic finance charge on cash advances. 
Purchases.  A  finance  charge  will  be  imposed  on  purchases  included  in  the  new  balance  when  the  entire  new  balance  is  not  paid  in  full  within  25  days  after  the  monthly 
statement date. This schedule applies even if the 25th day after the monthly statement date is a non-business day (a weekend day, holiday, or any other day in which we are 
not open.) This grace period allows you to avoid a finance charge on purchases for a billing cycle. If you do not pay within the grace period, your finance charge will accrue 
from the date of purchase. 

b. 

10.  Method Used To Determine The Balance On Which The Finance Charge May Be Computed And Amount Of Finance Charge 

We figure the finance charge on  your Account by applying the Periodic Rate to the “Average Daily Balance” of  purchases  and cash advances  for  your  Account (including current 
transactions) and multiplying the result by the number of days in the billing cycle.  To get the “Average Daily Balance” we take the beginning balance of your Account each day, add 

Credit Card Agreement & Disclosure 1 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
any new purchases or cash advances, and subtract any payments or credits, unpaid finance charges and unpaid late charges.  This gives us the daily balance.  Then, we add up all 
the daily balances for the billing cycle and divide the total by the number of days in the billing cycle.  This gives us the “Average Daily Balance.”   

11.  Periodic Rate And Corresponding Annual Percentage Rate 

The  Daily  Periodic  Rate  and  corresponding  annual  percentage  rate  is  calculated  by  adding  or  subtracting  a  margin  to  the  U.S.  Prime  Rate  published  in  The  Wall  Street  Journal 
(Western Edition) on the third (3rd) Tuesday of March, June, September, and December of each calendar year.  If the third (3rd) Tuesday is a holiday, we will use the Prime Rate 
published the next day.  The annual percentage rate may vary each quarter.  If more than one Prime Rate is published, we may choose the highest rate.  If The Wall Street Journal 
(Western edition) ceases publication or ceases to publish the Prime Rate, we reserve the right to use the   Prime Rate published in any other newspaper of general    circulation, or 
we may substitute a similar reference at our sole discretion.  Any increase or decrease in a variable annual percentage rate takes effect on the first day of the billing period directly 
following the month in which we calculate the rate.  We then add a margin to the Index.  The margin is based on your credit profile and other factors we deem appropriate, and will be 
disclosed at the time you open your Account.  The total of the Index plus the margin amount added is your annual percentage rate.  Divide the annual percentage rate by 365 to 
produce  your  Daily  Periodic Rate.  The Classic Visa and Secured Visa Cards have a minimum  ANNUAL PERCENTAGE RATE of 9.50% and a maximum  of 21%. The Platinum 
Rewards Card has a minimum ANNUAL PERCENTAGE RATE of 7.99% and a maximum of 29%.  Any increase or decrease in the annual percentage rate will affect the number 
and amount of monthly payments.  The Daily Periodic Rate and corresponding annual percentage rate will be shown on your monthly statement.  

12.  Conditions Under Which Other Charges May Be Imposed  

We  may  impose  fees  and  charges  on  your  Account  as  set  forth  below.  Fee  amounts  not  provided  below  are  disclosed  on  the  Unitus  Fee  Schedule,  available  on  our  website  at 
unitusccu.com.  We reserve the right to assess other fees in the future.  You will be notified of any new fees as required by law. 
a. 

Annual Fee. For Visa Cards listed on the Unitus Fee Schedule as having Annual Fees, an Annual Fee in the amount shown on the Fee Schedule may be assessed on your 
Visa Card on the anniversary of the Account open date. If your Visa Card’s Annual Fee is not listed on the Unitus Fee Schedule, there is no Annual Fee. 
Late Payment Fee. If your minimum monthly payment is more than 10 days late, your Account will be assessed a late fee as set forth on the Unitus Fee Schedule. 
Credit Over-limit Charge. If your Account balance is above your Credit Line approved as of your monthly statement date, we may charge you a fee as set forth on the Unitus 
Fee Schedule for each month that you exceed your Credit Line. 
Account Reconciliation/Research fees.  If you request research of any items or documents related to your Visa Account we may charge a fee as set forth on the Unitus Fee 
Schedule.  
Returned Mail Fee. If your periodic statement is returned to Unitus from the U.S. Postal Service as undeliverable, you may be charged a fee as set forth on the Unitus Fee 
Schedule. 
Stop Payment Requests. If you ask us to stop payment on a preauthorized recurring transaction as described in Section 22 of this Agreement, you may be charged a fee as 
set forth on the Unitus Fee Schedule. 
Statement Copy. If you ask for a copy of a periodic statement that has previously been provided to you electronically or via U.S. Mail, you may be charged a fee as set forth on 
the Unitus Fee Schedule. 
ATM Fees.  ATM service fees charged by Unitus are set forth on the Unitus Fee Schedule.  These fees may vary from time to time.  If you use an ATM that is not operated by 
us, the ATM operator or an ATM network utilized for such transaction may charge you an ATM surcharge.  The ATM surcharge will be debited from your Account if you elect to 
complete the transaction. 
Currency Conversion.  Purchases and cash advances made in foreign countries and foreign currencies will be billed to you in U.S. dollars, and you will be charged the Visa 
Foreign Currency Exchange/Conversion fee as set forth on the Unitus Fee Schedule.   The exchange rate between the transaction currency and the billing currency used for 
processing International transactions is: (i) A rate selected by Visa from the range of rates available In wholesale currency markets for the applicable processing date, which 
rate may vary from the rate Visa Itself receives, plus or minus any adjustment determined by Unitus, or (ii) The government-mandated rate in effect for the applicable central 
processing date, plus or minus any adjustment determined by Unitus. 
Attorney’s Fees and Costs.  If you default on any part of this Agreement, you agree to pay us all costs to collect your Account, including court costs and reasonable attorney 
fees whether or not there is a lawsuit, and fees on any appeal and fees for bankruptcy proceedings, appeals, and any post judgment collection services, if applicable.  These 
fees and costs may be added to your Account balance and will bear interest at the annual percentage rate in effect at that time. 

b. 
c. 

d. 

e. 

f. 

g. 

h. 

i. 

j. 

1. 

Conditions Of Card Use 
The use of your Card and Account are subject to the following conditions: 
a. 

Ownership of Cards. Any Card or other credit instrument or device which we supply to you is our property and must be returned to us, or to any person whom we authorize to 
act as our agent, or to any person who is authorized to honor the Card, immediately according to instructions. The Card may be repossessed at any time in our sole discretion 
without demand or notice. You cannot transfer your Card or Account to another person. 
Honoring the Card. Neither we nor merchants authorized to honor the Card will be responsible for the failure or refusal to honor the Card or any other credit instrument or 
device we supply to you. If a merchant agrees to give you a refund or adjustment, you agree to accept a credit to your Account in lieu of a cash refund. 
Notices and Payments. All notices will be sent to your address as shown in our files. If this is a joint Account, we can send monthly statements and notices to either of you. 
You  agree  to  advise  us  promptly  if  you  change  your  mailing  address.  All  payments  should  be  mailed  to  us  at  the  remittance  address  shown  on  your  monthly  statements. 
Payments received at that address would be credited to your Account as of the date received.  Written notices and inquiries to us must be sent to: 

Unitus Community Credit Union 
P.O. Box 1937 
Portland, OR  97207 
503-227-5571 or 1-800-452-0900 

Personal Identification Number.  If we issue you a Personal Identification Number (“PIN”) for use with your Card in accessing your line of credit at automatic teller machines 
(“ATM’s”), these numbers are issued to you for your security purposes. These numbers are confidential and should not be disclosed to third parties. You are responsible for 
safekeeping your PIN.  You agree not to disclose or otherwise make available your PIN to anyone not authorized to sign on your Accounts. If you authorize anyone to use your 
PIN that authority shall continue until you provide us with express revocation of that authority. If you fail to maintain your PIN security and we sustain a loss, we may terminate 
all services on your Accounts immediately. To keep your Account secure, do not write your PIN on your Card or keep it in the same place as your Card. 
Use of Card. Your Card may not be used to make or facilitate illegal transaction(s) as determined by applicable   law. Any such use will constitute an event of default under this 
Agreement. You agree that we will not be liable for any use by you or any authorized user(s). You further agree to indemnify and hold us harmless from any legal   action, 
liability, damages or adverse action that results directly or indirectly from such illegal use. 

b. 

c. 

d. 

e. 

14.  Default 

You will be in default under this Agreement if any of the following occur:  (a) any Minimum Monthly Payment is not made in full when due; (b) you become insolvent, bankrupt, or you 
die; (c) you violate any part of this Agreement, or any other agreement with us; (d) your payment ability is materially impaired including but not limited to changed employment status 
or  increased  financial  obligations;  or  (e)  if  we  reasonably  deem  ourselves  insecure  with  respect  to  your  Account.    Upon  default,  we  may  declare  the  entire  unpaid  balance 
immediately due and payable, and you agree to pay that amount plus any attorney’s fees and costs incurred by us.  We can delay enforcing any right under this Agreement without 
losing that right or any other right.  We will notify you in writing of any such action as soon as practical if it occurs.   

15.  Visa Account Obligations 

We are not obligated to authorize a transaction involving your Card or Account if: 

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(cid:131) 

You exceeded your Credit Line limit, or your Credit Line limit would be exceeded by the transaction; 
You failed to pay an amount owed to us when due; 
You failed to follow any term or condition of this Agreement; 
You notified us or we determined your Card may be lost or stolen, or there may be unauthorized access to your account; 
We have revoked your rights under this Agreement because you are in default. 

16.  Governing Law  

This Agreement will not take effect until it is approved by us.  The laws of the State of Oregon shall govern this Agreement. 

17.  Severability   

If any provision of this Agreement is held invalid, the remaining provisions that are severable shall remain in effect. 

18.  Loss, Theft Or Unauthorized Use Of Card 

You agree to notify us immediately of the loss, theft or unauthorized use of your Card.  Contact us at: 

Unitus Community Credit Union 
Attn: Contact Center 
P.O. Box 1937, Portland, OR 97207 
503-227-5571 or 800-452-0900 
TDD 503-795-9898  

You  will  not  be  liable  for  any  losses  provided  you  were  not  grossly  negligent  or  fraudulent  in  handling  your  Card.  In  any  event,  your  liability  for  unauthorized  VISA  credit  card 
transactions shall not exceed $50.00. 

19.  Business Days 

Our business days are Monday through Friday, except holidays. 

20.  Preauthorized Recurring Electronic Transactions  

If you have arranged in advance to use your credit card to make recurring electronic payment transactions out of your Account(s) for money you owe others, you may stop payment 
of these pre-authorized transactions from your Account.  You must notify us orally or in writing at any time up to three (3) business days before the scheduled date of the transfer.  

Credit Card Agreement & Disclosure 2 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
We may require written confirmation of the stop payment order to be made within fourteen (14) days of an oral notification.  If a written confirmation is required, we will disclose this 
requirement together with the address to which the confirmation should be sent at the time of the oral notification.  If we require written confirmation, the oral stop payment order shall 
cease to be binding fourteen (14) days after it has been made.  If you order us to stop one of these payments three (3) business days or more before the transfer is scheduled, and 
we do not do so, we will be liable to you for your losses or damages. 

21.  Acknowledgment And Amendments 

You understand and agree to the terms and conditions in this Agreement and the Fair Credit Billing Notice.  You acknowledge that you have received a copy of this Agreement and 
Disclosure  and  the  Fair  Credit  Billing  Notice.    We  have  the  right  to  change  any  terms  or  conditions  of  this  Agreement  at  any  time,  subject  to  applicable  laws.    If  we  change  the 
periodic rate, and subsequent purchases or advances are made under this Agreement, the entire balance will be subject to the new rate. 

22.  Fair Credit Billing Errors Notice 

YOUR BILLING RIGHTS: KEEP THIS NOTICE FOR FUTURE USE.  
This notice contains important information about your rights and our responsibilities under the Fair Credit Billing Act.   
Notify Us in Case of Errors or Questions About Your Bill
If you think your bill is wrong, or if you need more information about a transaction on your bill, write to us at the address listed above. Write to us as soon as possible. We must hear 
from you no later than 60 days after we sent you the first bill on which the error or problem appeared. You can telephone us, but doing so will not preserve your rights.  In your letter, 
give us the following information: 

a. 
b. 
c. 

Your name and Account number. 
The dollar amount of the suspected error. 
Describe the error and explain 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 pay your Account bill automatically from your share or share draft, you can stop the payment on any amount you think is wrong. To stop the payment 
your letter must reach us three business days before the automatic payment is scheduled to occur. 
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 bill 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 bill that are not in question.  If we find that we made a mistake on your bill, you will not have to pay any finance charge 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 ten days telling us that you still refuse to pay, we must tell anyone we report you to that you have a question about your 
bill.  In addition, we must tell you the name of anyone to whom we reported you.  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 $50.00 of the questioned amount, even if your bill was correct. 
Special Rule for Credit Card Purchases
If you have a problem with the quality of property 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 remaining amount due on the property or services.  There are two limitations on this right: 

a. 
b. 

You must have made the purchase in your home state or, if not within your home state within 100 miles of your current mailing address; and 
The purchase price must have been more than $50.00. 

These limitations do not apply if we own or operate the merchant, or if we mailed you the advertisement for the property or services. 

Credit Card Agreement & Disclosure 3