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CREDIT CARD AGR
Agreement  and  Disc
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m  and  Platinum  Rew
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SA Classic, Platinum a
 otherwise identified.  

REEMENT AND DISC
losure  sets  forth  th
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Agreement and Disclo
and Platinum Rewards
Please Read it Caref

CLOSURE 
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LFCU (

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(5328). 

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nd  Disclosure 
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SIGN Y
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YOUR CARD: Imme
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IT  LIMIT:  We  will  es
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ny  amounts  which  e
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will become part of t
nderstand that your C
ased by us at any tim
 of any change. 

stablish  a  Credit  Lim
mount  of  credit  ava
u  agree  not  to  requ
it limit at any time. T
o remedies stated be
exceed  the  maximu
ou  of  your  Credit  Li
this Agreement by th
Credit Limit can be in
me; however, we will

mit  for  you  as 
ilable  to  you 
est  or  obtain 
To do so is an 
elow. You will 
m  limit  upon 
mit  in  writing 
his reference. 
ncreased and 
 notify you in 

USING
loan ad

G  THE  CARD:  To  m
dvance: (1) Present th

make  a  purchase  or  o
he Card to a participat

obtain  a  cash 
ing VISA Plan 

Mer
sale
you
you
part
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(4) 
prov
or  u
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rchant, to us, or to an
es  slip  or  cash  advan
ur  Card  Number;  (2)  O
ur  Card  and  Person
ticipating  ATM;  (3)  Sw
ctronic terminals that p
Use  your  VISA  C
vided to you by us.  Y
unlawful  transaction, 
nsaction that we belie
awfulness. We are not
rchant or financial inst

nother financial institut
nce  draft  which  will  b
Obtain  a  cash  loan  a
al  Identification  Num
wipe  your  Card  and 
provide access to the
Convenience  Checks 
You may not use the C
and  we  may  decline 
eve poses an undue r
t responsible for the re
titution to honor your c

tion, and sign the 
be  imprinted  with 
advance  by  using 
mber  (PIN)  at  a 
select  “Credit”  at 
 VISA system; or, 
  which  may  be 
Card for any illegal 
  to  authorize  any 
risk of illegality or 
efusal of any plan 
card.  

AT
AD
Num
you
ATM
adv
Acc
prov

M ACCESS FOR CA
VANCE  LIMITS:  Yo
mber (PIN) can be us
ur  VISA  Credit  Card  A
Ms  that  allow  PIN 
vances.  You  may  obt
count  up  to  a  maxim
vided sufficient credit 

ASH ADVANCES A
our  Card  and  Perso
sed to obtain cash loa
Account  at  LFCU  AT
based  VISA  Credit 
tain  cash  loan  advan
um  aggregate  total  o
is available. 

AND ATM CASH 
onal  Identification 
an advances from 
TMs  and  at  other 
Card  cash  loan 
ces  against  your 
of  $600  per  day, 

RE
Bur
in w
Agr
cha
des

PAYMENT:  You  pro
rbank, California, or s
writing, all sums advan
reement,  all  applicab
arges and any other c
scribed below. 

omise  to  repay  to  us
such other place as w
nced by us from time t
ble  charges  and  fe
charges computed on

s  at  our  office  in 
we may designate 
to time under this 
es,  any  finance 
 your account as 

YMENTS:  You  will  r
PAY
ng  period  in  which
billi
ance, itemizing the tra
bala
ke payments at least 
mak
 minimum payment am
the 
  be  based  on  the  ne
will
ch payments must be
Suc
long as a balance exis
as l
  following  order:  (a)  t
the 
iodic FINANCE CHAR
per
  unpaid  balance  of 
the 
chases  of  goods  and
pur
iod,  by  the  specifie
per
YMENT  of  at  least  2%
PAY
less
s than $30.00.  Balanc
. 
full.

receive  a  statement  f
  your  account  has 
ansactions on your ac
monthly in an amount
mount. The minimum 
ew  balance  shown  on
 made regardless of a
sts. Your periodic paym
to  late  charges  and  fe
RGES on advances an
cash  loan  advances
d  services.    You  must
d  Payment  Due  Da
%  of  the  outstanding 
ces of less than $30.0

for  each  monthly 
  an  outstanding 
ccount. You must 
t at least equal to 
 payment amount 
n  your  statement. 
any prepayments 
ment is applied in 
ees,  if  any;  (b)  to 
nd purchases; (c) 
s;  and,  (d)  credit 
t  pay  each  billing 
ate,  a  MINIMUM 
  balance,  but  not 
00 must be paid in 

AU
Aut
auto
Car
acc

TOMATIC  PAYMEN
tomatic  Payment  (or
omatically  deduct  an
rd payment from your
count on the schedule

NT  OPTION:  If  yo
r  "AutoPay"),  the  C
nd  transfer  your  mon
 designated LFCU che
ed Payment Due Date

ou  have  elected 
Credit  Union  will 
nthly  VISA  Credit 
ecking or savings 
e. The Automatic 

Payment Option is v
this Agreement, and

voluntary, is not a co
d can be withdrawn b

ondition of credit or 
by you at any time. 

When  you  elect  Auto
automatic  payment  a
minimum  monthly  p
“payment  in  full”  as
varying payment amo
will  be  satisfied  by
statement reflecting th

oPay,  you  agree  that
amount  each  month  to
payment  (Required 
  authorized  by  you. 
ount due and schedule
y  providing  you  with
his information. 

t  we  may  adjust  the 
o  agree  to  either  the 
Payment  Due)  or 
  Notification  of  the 
ed payment due date 
h  a  monthly  billing 

If sufficient funds are
or  savings  account  to
when  due,  we  will  t
processing  day until 
to  insufficient  fund
your  required  VISA
responsible  to  ensu
payment  is  made. 
account has insufficie
on  two  or  more  occa
Payment option. 

 not available in your 
o  satisfy  the  total  am
take  whatever  funds
the  minimum paymen
ds,  we  do  not  trans
A  Credit  Card  pay
ure  that  the  required
If  your  designated  c
ent funds on the sche
asions,  we  may  term

designated checking 
ount  of  the  payment 
  are  available  each 
nt is satisfied. If due 
sfer  funds  to  make 
ment,  you  will  be 
d  VISA  Credit  Card 
checking  or  savings 
eduled payment date 
minate  the  Automatic 

Unless earlier termina
ated by us, the Autom
remains  in  full  force
e  until  LFCU  receive
terminating the arrang
notification from you t
the  Credit 
st  give 
termination  mus
for 
it. 
opportunity to act on i

matic Payment option 
es  written  or  verbal 
gement. Your request 
  Union  reasonable 

USING YOUR LFCU
CARD  TO  EARN  R
Rewards program bro

U VISA PLATINUM R
REWARDS:  Please  s
ochure or disclosure fo

REWARDS CREDIT 
see  the  LFCU  VISA 
or more information.  

VARIABLE  RATE  IN
Platinum  and  VISA 
feature
variable-rate 
(corresponding to the
may increase as a res

NFORMATION:  The
Platinum  Rewards  C
e,  and 
the  annua
e periodic rate) and th
sult.   

  VISA  Classic,  VISA 
Credit  Cards  have  a 
al  percentage 
rate 
he minimum payment 

The Annual Percen
may  include  fees  co
APR is based on an 
the  highest  U.S.  Prim
Journal on the day fo
to  the  nearest  one-q
Value).  If  the  U.S. 
increase.  Should  the
made unavailable du
choose  a  new  Index 
and we will provide yo

ntage Rate (APR) in
onsidered  to  be  a  f
Index Value plus a M
me  Rate  as  publishe
ollowing your billing cy
uarter  of  one  percent
  Prime  Rate  increa
e  Index  be  discontinu
ring the term of your 
  that  is  based  on  com
ou notice of this chang

cludes interest and 
inance  charge.  The 
Margin.  The Index is 
ed  in  the  Wall  Street 
ycle date, rounded up 
t  (0.250%)(the  Index 
ases,  your  rate  will 
ued  or  otherwise  be 
line of credit, we will 
mparable  information 
ge.   

The Margin is a spec
added to the Index V

cific number of percen
Value to calculate the 

ntage points which is 
Annual Percentage 

Rate. The Margin
and  14.74%.  Th
between  4.99% 
Platinum  Reward
margin is the sam
Convenience Che

n for the VISA Classic
he  Margin  for  the  V
and  14.74%.    The 
ds  ranges  between  5
me for Purchases, Cas
ecks, and Balance Tra

Ask us for the c
Percentage Rate
loan approval let
periodic statemen

urrent Index Value.
 (Index + Margin) wil
tter. APR information w
ts.  

9% 
ges 
SA 
The 
SA 

c ranges between 9.99
VISA  Platinum  rang
  Margin  for  the  VIS
5.99%  and  14.74%.  T
sh Loan Advances, VI
nsfers. 
 Your Annual 
l be included in your
r 
our 
will be reflected on yo

RATE CHANGES
PERCENTAGE R
occur  monthly,  th
following  your  bill
date  following  yo
ANNUAL  PERCE
Percentage Rate
the date following
will be effective fo
change  in  the  Ind
Percentage Rate

S: Increases and dec
RATE resulting from ch
hat  is,  each  billing  p
ling  cycle  date  (the  “
our  billing  cycle  da
ENTAGE  RATE  on 
e is based on the Ind
 your billing cycle date
or the current (new) bi
dex  Value  on  the  Ch
 will not change for tha

creases in the ANNUA
hanges in the Index c
period  on  the  first  d
“Change  Date”).  On  t
te,  we  will  adjust  t
the  Account.    Annu
ex Value in effect as
e, plus your Margin, a
lling cycle.  If there is 
ange  Date,  the  Annu
at billing cycle. 

AL 
can 
day 
the 
the 
ual 
s of 
and 
 no 
ual 

The Maximum Rat
LFCU reserves the
permitted by law o

te is currently capped 
e right to increase the
r regulation. 

 by regulation at 18.00
 maximum interest rat

0%.   
e if 

MAXIMUM RATE
If  you  had  an  o
Monthly Payment 
the  balance 
of 
approximately  94 
years to pay off th
to  the  account.  If
Periodic Payment 
$40 and would tak
six (6) years to pa
added to the acco
July 15, 2010, Inde

E AND PAYMENT EX
utstanding  balance  o
at the maximum APR
or  approximately 
monthly  payments  or
he balance if no additio
f  your  initial  APR  wa
 would be 2% of the b
ke approximately 66 pa
ay off the balance if no
ount. Calculations bas
ex plus the Margin. 

XAMPLE:  
of  $2,000,  the  Minim
um 
2% 
 of 18.00% would be 2
ake 
ta
$40  and  would 
r  approximately  eight 
(8) 
ded 
onal charges were add
as  10.24%  the  Minim
um 
tely 
balance or approximat
tely 
ayments or approximat
ere 
o additional charges we
s of 
ed on Index Value as

FINANCE CHAR
CHARGE will be 
obtain  through  th
Checks, 
includin
advances initiate
Banking,  and  th
Protection  featur
each  such  cash
continue to accrue

RGES: Cash Loan A
 imposed on all cash 
he  use  of  your  Card 
ng  credit  withdraw
ed via transfer through
hrough  the  Checkin
re  of  your  Card,  as  o
  loan  advance.  FIN
e until the cash loan a

Advance:  A FINANC
loan advances that y
  or  VISA  Convenien
wals  at  ATMs,  a
h CU By Phone, Onli
ng  Account  Overdr
of  the  date  of  posting
NANCE  CHARGES  w
dvance is repaid. 

CE 
you 
nce 
and 
ine 
raft 
  of 
will 

CREDIT  PURCH
FINANCE CHAR

HASES  OF  GOODS
RGE will be imposed 

S  AND  SERVICES:
 on credit purchases

  A 
s of 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
goods and services that you obtain with your Card as of the 
date such credit purchase is posted to your account and will 
continue  to  accrue  until  the  date  the  credit  purchase  is 
repaid. However, FINANCE CHARGES will not be imposed 
on credit purchases if paid in full by the payment due date. 

GRACE  PERIOD:  There  is  a  grace  period  of  25  calendar 
days on all credit purchases of goods and services. In order 
to avoid interest charges on new purchases, you must pay 
the  entire  New  Balance  shown  on  the  statement  by  the 
Payment  Due  Date.  If  you  do  not  pay  in  full  the  New 
Balance shown on the statement by the Payment Due Date, 
all  new  purchases  will  accrue  finance  charges  at  the  daily 
periodic rate from the date of the purchase until the closing 
date of the billing cycle. There is no grace period on cash 
loan advance transactions, balance transfers, or overdrafts, 
which accrue finance charges from the posting date. 

AVERAGE  DAILY  BALANCE  COMPUTATION  METHOD: 
We  figure  a  portion  of  the  FINANCE  CHARGE  on  your 
account by applying the periodic rate to the "Average Daily 
Balance" of your account (including current transactions). To 
get  the  "Average  Daily  Balance"  we  take  the  beginning 
balance of your account each day, add any new purchases 
and  advances,  and  subtract  any  payments  or  credits  and 
unpaid  finance  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".  

Daily Periodic Rate and Annual Percentage Rate (APR) 
July 15, 2010: 

VISA  Platinum  Rewards  Credit  Card  -The  Daily  Periodic 
Rate  used  to  compute  the  FINANCE  CHARGE  on  a  VISA 
Platinum  Rewards  Credit  Card  Account 
Index 
(currently  3.25%)  plus  a  Margin  ranging  from  5.99%  to 
14.74%, divided by [365]. This rate is 0.0253% on a 9.24% 
APR,  0.0308%  on  a  11.24%  APR,  0.0363%  on  a  13.24% 
APR, or 0.0493% on a 17.99% APR. The periodic rate may 
vary. 

the 

is 

VISA Platinum Card And Share Secured Visa Platinum - 
The  Daily  Periodic  Rate  used  to  compute  the  FINANCE 
CHARGE  on  VISA  Platinum  Card  Accounts  is  the  Index 
(currently  3.25%)  plus  a  Margin  ranging  from  4.99  to 
14.74%, divided by [365]. This rate is 0.0225% on a 8.24% 
APR,  0.0281%  on  a  10.24%  APR,  0.0340%  on  a  12.24% 
APR,  0.0390%  on  a  14.24%  APR,  0.0445%  on  a  16.24% 
APR, or 0.0493% on a 17.99% APR. 

VISA  Classic  Card  -  The  Daily  Periodic  Rate  used  to 
compute  the  FINANCE  CHARGE  on  VISA  Classic  Card 
Accounts  is  the  Index  (currently  3.25%)  plus  a  Margin 
ranging from 9.99 to 14.74%, divided by [365]. This rate is 
0.0363%  on  a  13.24%  APR,  0.0390%  on  a  14.24%  APR, 
0.0418% on a 15.24% APR, 0.0445% on a 16.24 % APR, or 
0.0493% on a 17.99% APR. 
*Note: Not all rates stated above may be available if rate tier 
has  been  suspended.  Refer  to  your  VISA  Credit  Card 
Congratulations  approval  letter  for  your  applicable 
Annual Percentage Rate (APR) and Daily Periodic Rate. 

USING YOUR LFCU VISA PLATINUM REWARDS CREDIT 
CARD  TO  EARN  REWARDS:  To  participate  in  the  LFCU 
Rewards Program and earn Points, you must first establish 
an  assigned  LFCU  rewards  account  by  opening  (on 
approved  credit)  a  LFCU  VISA  Platinum  Rewards  credit 
card  account.  No  retroactive  credit  will  be  given  for 
transactions made before the rewards account is assigned. 
Points cannot be used in conjunction with other frequency or 
rewards  programs.  Note:  To  redeem  rewards,  must  be  a 
member in good standing with the Credit Union. Refer to the 
VISA  Platinum  Rewards  Program  Disclosure  for  complete 
details. 

TRANSACTIONS MADE IN FOREIGN CURRENCY:  If you 
effect a transaction that settles in a foreign currency, VISA 
will convert the transaction into a U.S. dollar amount.  The 
conversion  rate  in  U.S.  dollars  will  be  either  at  wholesale 
market rate or the government-mandated rate in effect one 
day  prior  to  the  processing  date.    VISA  will  increase  the 
conversion  rate  up  to  one  percent  (1%)  and  keep  this 
increase.    The  Credit  Union  has  no  control  over  the 
conversion  rate  and  will  pass  on  the  one  percent  (1%) 
conversion  rate  fee  imposed  and  retained  by  VISA.    The 
currency conversion rate calculated in this manner that is in 
effect  on  the  processing  date  may  differ  from  the  rate  in 
effect on the transaction date or the posting date. 

DEFAULT/LATE  PAYER  RATE  -  VISA  Credit  Cards  Not 
In  Good  Standing  -If  your  minimum  required  payment  is 
more  than  60  days  late  at  any  time,  we  may  increase  the 
Annual  Percentage  Rate,  after  such  notice  to  you  as  is 
required  by  law,  to  a  rate  (Late  Payer  Rate)  equal  to  the 
Index Value plus 14.74%, currently capped at 17.99% (Daily 
Periodic Rate 0.0493%).  We will apply the Late Payer Rate 
to  your  entire  VISA  Account  balance  and  to  any  future 
transactions.  If  you  make  six  (6)  consecutive  periodic 

payments on time after the date we applied the Late Payer 
Rate, we will reinstate your regular rate. 

COMPUTING  THE  FINANCE  CHARGE:  The  FINANCE 
CHARGE on your Account is computed each billing period 
by  multiplying  the  Average  Daily  Balance  on  your  Account 
the  applicable  Daily  Periodic  Rate  (the  ANNUAL 
by 
PERCENTAGE RATE divided by 365) and then multiplying 
this figure by the number of days in the billing period. 

PERIODIC  REVIEW:    A  periodic  review  of  credit  card  and 
line  of  credit  accounts  is  performed  to  determine  the 
continued  probability  of  repayment.  We  also  rely  on 
information  requested  and  received  from  credit  reporting 
bureaus and agencies regarding the handling of your credit 
related  accounts  with  other  financial  institutions  for  this 
same purpose. If, in our opinion, we believe that your credit 
history  has  significantly  deteriorated  since  your  new  or 
reissued VISA Credit Card was provided to you, we reserve 
the  right  to  close  your  VISA  Credit  Card  Account  and  to 
prohibit further advances. Deterioration in your credit history 
can  result 
liens,  or 
exceeding established credit limits. 

late  payments,  collections, 

from 

CROSS-COLLATERALIZATION: Collateral (other than real 
property) securing other loans with us may also secure this 
loan. 

CHECKING ACCOUNT OVERDRAFT PROTECTION: Your 
VISA Credit Card may also provide Overdraft Protection on 
your  LFCU  checking  account.  Fee:  $4.00  per  overdraft. 
Limit: Your Checking Account Overdraft Protection limit will 
be part of, and not in addition to, your total approved Credit 
Limit under this Agreement. 

Application  Of  Overdraft  Protection  Feature:  The 
Checking Account Overdraft Protection feature of your VISA 
Credit  Card  applies  to  any  overdraft  on  your  checking 
account  provided  your  Account  has  available  credit,  and  is 
not  restricted  to  overdrafts  caused  by  any  specific  or 
exclusive individual signer(s) on the checking account. 

Liability  For  Overdrafts  Caused  By  Any  Checking 
Account  Signer:  You  understand  that  if  advances  are 
made against your VISA Account to cover overdrafts to your 
checking account created by other persons with the right to 
access  said  checking  account,  you  will  be  fully  liable  for 
such advances nonetheless. 

Advances For Overdraft Protection: All advances against 
your  VISA  Credit  Card  Account  for  purposes  of  providing 

overdraft protection are cash loan advances and are subject 
to FINANCE CHARGES as identified above.  All advances 
to  cover  checking  account  overdrafts  will  be  made  in 
increments of $50. 
Overdraft Protection Procedure:  If we receive a check or 
other item against your checking account which exceeds the 
available  balance  in  your  checking  account  at  the  time  the 
item  is  received  by  us,  such  check  will  be  considered  a 
request for a cash loan advance by you against your VISA 
Account  in  an  amount  sufficient  to  permit  us  to  honor  the 
check, but not to exceed your approved credit limit, and,  if 
your request is thereby approved, we will credit the advance 
to your checking account.  However, if sufficient credit is not 
available  on  your  VISA  Credit  Card  Account  to  cover  the 
amount of the check or item, we may not initiate a cash loan 
advance  under  this  Agreement  for  purposes  of  checking 
account overdraft protection. 

item(s)  may  be  honored 

If we do not initiate a cash loan advance against your VISA 
Account due to insufficient credit availability, your check(s), 
or 
through  another  credit 
agreement  you  may  maintain  with  us,  if  any,  such  as  a 
ReadyLine of Credit Agreement, or the Credit Union may, at 
our  discretion  and  without  obligation,  transfer  funds  from 
another savings or checking account you maintain with us to 
your checking account in order to cover and honor the item.  
Please  refer  to  other  agreements  you  may  have  with  the 
Credit Union, or contact a credit union representative. 
OVER-THE-CREDIT  LIMIT:  If  you  have  provided  consent, 
we can access an Overlimit Fee of $25 for a transaction that 
exceeds  your  credit  limit.  You  may  opt-in  or  opt-out  at 
anytime  by  contacting  us.  Even  if  you  request  over-the-
credit  limit  coverage,  in  some  cases  we  may  still  decline  a 
transaction that would cause you to go over your credit limit. 

jointly 

responsible  with 

JOINT  ACCOUNTS  AND  CO-SIGNORS:    If  you  are  a  co-
signor  or  if  this  is  a  joint  account,  you  agree  to  be 
the  other 
individually  and 
borrower(s).  Each  of  you  authorizes  the  other(s)  to  obtain 
advances and make purchases individually under this VISA 
Account.  We  do  not  have  to  notify  you  if  payments  on  the 
account are not made by the other borrower(s) on time. We 
can change the terms of payment and release any security 
without notifying you or releasing you from responsibility on 
this  Agreement.  If  this  is  a  joint  account,  upon  request  by 
any party to the account or upon our receipt of inconsistent 
instructions, we may, at our option and without notice to any 
other  party,  refuse  any  request  for  an  advance  or  an 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
increase  in  the  credit  limit  amount,  or  refuse  any  other 
request with respect to the account. 

ATM  FEES  BY  OTHERS:    If  you  use  an  automated  teller 
machine  (ATM)  that  is  not  operated  by  us,  you  may  be 
charged a fee by the operator of the ATM and/or by an ATM 
or automated transfer network. 
LATE  PAYMENTS:    We  may  accept  late  payments  or 
partial payments without losing any of our rights under this 
Agreement. Late Charges are assessed if your payment is 
received  after  the  scheduled  Payment  Due  Date.  For 
payments  received  past  due,  you  agree  to  pay  a  Late 
Charge  of  $15  for  balances  under  $100;  $20  for 
balances  $100-$500;  $25  for  balances  over  $500.  If  you 
are  late  more  than  one  time  during  a  six  (6)  month  period 
we may charge a Late Charge up to $30. 

SHARE-SECURED  VISA 
-  GRANT  OF  SECURITY 
INTEREST: If you have been granted a share-secured VISA 
Credit  Card,  you  understand  that  the  granting  of  security 
interests  is  a  condition  of  us  granting  you  a  VISA  Credit 
Card.  You  understand  and  agree  you  have  granted  us  a 
security  interest  in  a  savings  as  designated  by  you  by 
executing  the  Share-Secured  VISA  Credit  Card  Security 
Agreement, which is incorporated into and made part of this 
Agreement and Disclosure by this reference. 

VISA  CONVENIENCE  CHECKS:  VISA  Convenience 
Checks drawn against your VISA Credit Card Account may 
be  provided  to  you  upon  request  or  issued  to  you  as  a 
convenience from time to time by the Credit Union. You may 
use  these  checks  like  you  would  your  personal  checks  to 
pay  for  merchandise,  pay  off  bills,  other  loans  or  credit 
cards. Use of any VISA Convenience Check will constitute a 
cash  loan  advance  against  your  Credit  Card  Account  and 
finance charges will begin to accrue from the date the VISA 
Convenience  Check 
to  your  Account  (see 
FINANCE CHARGES – Cash Loan Advance). 

is  posted 

STOP  PAYMENT  ORDERS  ON  VISA  CONVENIENCE 
CHECKS:    At  your  request  and  risk,  the  Credit  Union  will 
without  responsibility  on  its  part,  accept  a  Stop  Payment 
Order  on  VISA  Convenience  Checks  issued  against  your 
Account, subject to a $20.00 stop payment fee per check, 
at the time such a Stop Payment Order is received. A Stop 
Payment Order will be in effect if all required information is 
provided  and  a  reasonable  amount  of  time  has  been 
the  dissemination  of  such  stop  payment 
allowed 
information.  All  written  and  oral  Stop  Payment  Orders  on 
VISA  Convenience  Checks  that  you  write  are  effective  for 

for 

twelve (12) months from the date received, unless otherwise 
canceled  or  renewed  by  you.  If  we  inadvertently  pay  the 
VISA  Convenience  Check  when  the  stop  payment  should 
have  been  effective,  we  will  reverse  any  Credit  Union 
charges  which  result,  including  the  Stop  Payment  fee.  In 
addition,  we  will  reimburse  you  for  your  losses,  up  to  the 
amount of the check, so long as you are able to prove that 
you do not owe the money to the person to whom you wrote 
the check.  However, if you are unable to prove that you do 
not  owe  the  money,  we  will  not  be  obligated  to  reimburse 
you for the check amount. 

EVENTS  OF  DEFAULT:    You  will  be  in  default  under  this 
Agreement if any of the following events shall occur: (a) In 
the  event  of  your  death,  (b) 
If  you  are  determined 
incompetent,  (c)  If  you  fail  to  comply  with  the  minimum 
payment or any other terms or conditions of this Agreement 
or any other obligation you have or will have with us (for late 
payment  see  also  “LATE  PAYER  RATE”  under  “FINANCE 
CHARGES”); (d) If you make false or misleading statements 
in any credit application or update of credit information; (e) If 
you should become insolvent; (f) If a petition should be filed 
or  other  proceedings  should  be  started  under  the  Federal 
Bankruptcy  Code  or  any  State  insolvency  statute  by  or 
against you; (g) If a Receiver should be appointed or a writ 
or  order  of  attachment,  levy  or  garnishment  should  be 
issued  against  you  or  any  of  your  property,  assets  or 
income;  or  (h)  If  we  should  consider  yourself  or  any  debts 
due under this Agreement unsafe or not completely secure 
or  if  we  should  believe,  in  good  faith,  that  the  chances  of 
your paying or performing all of your obligations under this 
Agreement have been impaired. If you fail to fulfill the terms 
of this Agreement, a negative report reflecting on your credit 
record  may  be  submitted  to  a  consumer  credit  reporting 
agency. 

ENTIRE  BALANCE  DUE:  If  you  are  in  default,  we  may 
require  that  you  immediately  pay  the  outstanding  balance 
with  interest  due  on  the  balance  at  the  applicable  Annual 
Percentage  Rate  provided 
the  above  FINANCE 
CHARGES section until paid.  You also agree our obligation 
for  further  credit  extensions  shall  immediately  end.  If  we 
demand full payment of the outstanding balance and you fail 
to  immediately  make  payment,  you  agree  to  pay  all 
collection costs and fees. 

in 

TERMINATION  OF  MEMBERSHIP:  Granting  you  a  VISA 
Credit Card is conditioned upon your continued membership 
with  the  Credit  Union.  Discontinuation  of  your  LFCU 

membership will result in termination and revocation of your 
VISA Credit Card privileges, requiring you to return all VISA 
Card(s)  to  the  Credit  Union  and  payment  of  the  "ENTIRE 
BALANCE DUE" as identified in the above section. 

COLLECTION  COSTS:    If  you  are  in  default  under  this 
Agreement,  you  agree  to  pay  all  collection  costs,  including 
without  limitation,  our  reasonable  attorney's  fees  and  court 
costs incurred during collection. 

INVESTIGATION  AUTHORIZATION:  You  agree  to  advise 
us  of  any  changes  in  your  financial  condition  which  may 
adversely  affect  your  creditworthiness  and  authorize  us  to 
obtain  information  concerning  your  creditworthiness  from 
consumer/credit  reporting  agencies,  employers,  or  others, 
both  now  and  in  connection  with  updates,  renewals,  and 
later  credit  extensions.  At  your  request,  we  will  tell  you  if 
such  information  has  been  obtained  or  if  we  take  adverse 
action  on  your  account  as  a  result  of  information  obtained 
from a consumer credit reporting agency. We will advise you 
of that fact and supply you with the name and address of the 
reporting  agency  making  the  report.    We  may  require  that 
you  complete  a  new  credit  application  if  you  wish  to 
increase your credit limit or extend the terms of repayment. 

CANCELLATION:    You  can  cancel  your  VISA  Credit  Card 
Account at any time by returning to us your Card(s), cut in 
half,  along  with  a  letter  requesting  that  we  cancel  your 
Account.  We  may  cancel  this  Agreement  at  any  time. 
However,  your  obligation  under  this  Agreement  and  any 
charges  and  advances  made  under  it  prior  to  cancellation 
will continue to apply until you have paid all money you owe 
on the Account. 

NON-REISSUANCE:  For  security  purposes,  LFCU  VISA 
Credit  Cards  are  reissued  periodically.    If  at  the  time  of 
reissuance  your  VISA  Credit  Card  Account  has  been 
inactive  for  at  least  12  months,  we  will  not  reissue  a  new 
Card to you and may close your VISA Account. 

CHANGE  OF  TERMS:    We  may  change  any  part  of  this 
Agreement and Disclosure at any time, as long as we give 
you  advance  notice  as  required  by  law.    Subject  to 
applicable  law,  any  change  in  terms  will  apply  to  your 
outstanding balance existing as of the effective date as well 
as to all charges made after that date, as permitted by law. 

CHANGE OF NAME, ADDRESS and EMPLOYMENT: You 
will advise us promptly of any change in your name, address 
or  employment.  All  written  notices  and  statements  from  us 
to  you  will  be  considered  given  when  placed  in  the  United 

States mail, postage prepaid, and addressed to you at your 
current address as it appears on our records. 

CREDITS:  If  merchants  who  honor  your  Card  give  you 
credit for returns or adjustments, they will do so by sending 
us  a  credit,  which  we  will  post  to  your  account.  If  your 
credits and payments exceed what you owe us, we will hold 
and  apply  the  credit  balance  against  future  purchases  or 
cash advances, or we will refund the credit balance to you 
within  seven  (7)  business  days  of  receipt  of  your  written 
request if the credit balance is $1.00 or more. 

  You  agree 

LIABILITY  FOR  UNAUTHORIZED  USE  –  LOST/STOLEN 
CARD  NOTIFICATION: 
to  notify  us 
immediately, orally or in writing at Lockheed Federal Credit 
Union,  2340  Hollywood  Way,  P.O.  Box  6759,  Burbank, 
CA  91510  –  Telephone:  (800)  328-LFCU  (5328)  or  (818) 
565-2000,  of  the  loss,  theft,  or  unauthorized  use  of  your 
VISA  Credit  Card.  You  may  be  liable  for  the  unauthorized 
use of your Card.  You will not be liable for the unauthorized 
use  that  occurs  after  you  notify  us  of  the  loss,  theft,  or 
possible unauthorized use. In any case, your liability will not 
exceed $50 for unauthorized cash advances at ATMs. You 
will  have  no  liability  for  unauthorized  purchases  made  with 
your VISA Credit Card. 

For  additional  information  regarding  your  rights  and  our 
responsibilities,  please  refer 
the  “YOUR  BILLING 
RIGHTS” section of this Agreement.  

to 

Your liability may be greater if we can prove that you were 
grossly negligent or fraudulent in the handling of your VISA 
Credit Card or Account. 

CARD OWNERSHIP:  Any LFCU VISA Credit Card issued 
to  you  or  to  another  person  at  your  request  remains  the 
property of the Credit Union. You agree to notify us promptly 
of  the  loss,  theft,  or  unauthorized  use  of  your  Card.  You 
agree  we  may  terminate,  limit  or  modify  your  right  to  use 
your Card at any time in the future without notice to you. 

RESPONSIBILITY:  You agree to repay us according to the 
terms  of  this  Agreement  for  all  purchases,  cash  loan 
advances, finance charges, over-limit, annual fees and late 
charges, if any, arising from the use of the Card by you, or 
any  other  person  you  permit  to  use  the  Card,  even  if  that 
person exceeds your permission, or if we approve charges 
in excess of the Credit Limit. 

IRREGULAR  PAYMENTS,  TRANSFER  OF  ACCOUNT, 
Irregular 
WAIVERS,  AND  OTHER  PROVISIONS: 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Payments:  We  may  accept 
late  payments  or  partial 
payments,  or  checks,  drafts  or  money  orders  marked 
"Payment in Full", without losing any of our rights under this 
Agreement.  Transfer  of  Account:  You  cannot  transfer  or 
assign your Account to any other person. Waiver:  We may 
delay  enforcing  any  of  our  rights  or  otherwise  refrain  from 
exercising any of our rights regarding any breach or default 
that  occurs.  Waivers  will  be  binding  only  if  we  agree  to 
waiver  in  a  signed  writing.  Other  Provisions:  Each  of  you 
who signed the Application or use the Account is individually 
and  jointly  obligated  for  all  payments  due  under  this 
Agreement.  If  any  part  of  this  Agreement  is  not  valid,  all 
other parts will remain enforceable. 
DELAY IN ENFORCEMENT:  We may delay enforcing any 
of our rights under this Agreement without losing them. 
GOVERNING  LAW:    You  understand  and  agree  that  this 
Agreement  is  made  in  California  and  shall  be  governed  by 
the  laws  of  the  State  of  California  to  the  extent  that 
California  Law  is  not  inconsistent  with  controlling  Federal 
Law.  You  also  understand  that  California's  "Choice  of  Law 
Rules"  will  not  be  applied  if  they  would  result  in  the 
application of non-California law. 
INFORMATION  REPORTED  TO  CREDIT  BUREAUS:  If 
you  believe  that  any  information  we  have  reported  to 
consumer  credit 
(credit  bureaus) 
reporting  agencies 
regarding your Account is inaccurate or incomplete, please 
notify us at Lockheed FCU, P.O. Box 6999, Burbank, CA 
91510. 
OTHER AGREEMENTS, TERMS AND CONDITIONS: 
a) You agree to keep your Card in a safe place and permit 
no  unauthorized  person  to  use  it.  You  further  agree  not  to 
tell any unauthorized person your PIN or write your PIN on 
the Card or otherwise make it available to anyone else. 
b) You agree to tell us immediately upon the loss or theft of 
your Card or PIN. 
c)  The  Card  remains  the  property  of  the  Credit  Union  and 
you  agree  to  surrender  the  Card  to  the  Credit  Union  upon 
demand.    The  Credit  Union  may  cancel,  modify  or  restrict 
the ATM-access feature of your Card without notice: if you 
have  exceeded  your  Credit  Limit;  if  we  are  aware  that  you 
have violated any term of this Agreement whether or not the 
Credit Union has suffered a loss; or where it is necessary to 
maintain or restore the security of your Account or recall the 
Card through retrieval by any of the ATMs. 
d)  If  you  authorize  the  Credit  Union  to  issue  a  Card  to 
to  make 
anyone  else,  you  authorize 

individual 

that 

purchases  and  obtain  cash  loan  advances  from  your 
Account using the Card. 
e)  You  agree  to  indemnify  and  hold  the  Credit  Union 
harmless from any costs or damages you sustain as a result 
of  the  Credit  Union  carrying  out,  in  a  reasonable  manner, 
any written instructions provided by you. 
ADDITIONAL  VISA  CREDIT  CARD  BENEFITS  AND 
SERVICES:  There  are  additional  benefits  and  services 
available  from  VISA  for  VISA  Cardholders.  Please  call 
(800)328-LFCU (5328) to request an informational brochure. 

FEES AND CHARGES: 

Transaction Fees 

Foreign Transaction 
International 
Service Fee 
Overdraft 
Protection Fee 

Late Payment 

Up to 1% of each transaction 

$4.00 

Penalty Fees 

$15.00 for balances under $100 
$20.00 for balances $100-$500 
$25.00 for balances over $500 
Up to $30, If late more than one 
time during a six month period 

Over the Credit 
Limit  
Return Payment   $29.00 

$25.00 (must opt-in) 

Other Fees and Charges 

$20.00 

Stop Payment on 
VISA Convenience 
Check (per item) 
Cash Advance Fee  
From LFCU owned 
ATM Fee 
 non-LFCU owned 
ATM Fee 
Replacement Card   $7.50 

None 

$1.95 per transaction 

Reproduction of 
documents such as 
VISA statements,  
VISA Convenience 
Checks, Sales Slips  

$25.00 per hour 
(minimum of ½ hour) per 
request 

YOUR BILLING RIGHTS:  
KEEP THIS DOCUMENT FOR FUTURE USE 
This notice tells you about important information about your 
rights  and  our  responsibilities  under  the  Fair  Credit  Billing 
Act. 

What To Do If You Find A Mistake On Your Statement 
If you think there is an error on your statement, write to us 
at: 
Lockheed Federal Credit Union  
P.O. Box 6999, Burbank CA 91510 
You may also contact us on the WEB: www.lfcu.com. Under 
“Products and Services” and “Applications & Forms”. 

• 

• 

In your letter, give us the following information: 
•  Account information: Your name and account number 
•  Dollar  amount:  The  dollar  amount  of  the  suspected 

error. 

•  Description of problem: If you think there is an error on 
your bill, describe what you believe is wrong and why 
you believe it is a mistake. 

You must contact us: 
•  Within  60  days  after  the  error  appeared  on  your 

statement. 

•  At  least  three  (3)  business  days  before  an  automated 
payment is scheduled, if you want to stop payment on 
the amount you think is wrong. 

You  must  notify  us  of  any  potential  errors  in  writing.  You 
may call us, but if you do, we are not required to investigate 
any potential errors and you may have to pay the amount in 
question. 
What Will Happen After We Receive Your Letter 
When we receive your letter, we must do two things: 
1.  Within  30  days  of  receiving  your  letter,  we  must  tell 
you that we received your letter. We will also tell you if 
we have already corrected the error. 

2.  Within 90 days of receiving your letter, we must either 
correct the error or explain to you why we believe the 
bill is correct. 

While we investigate, whether or not there has been an 
error: 
•  We  cannot  try  to  collect  the  amount  in  question,  or 

• 

report you as delinquent on that amount. 
The charge in question may remain on your statement, 
and  we  may  continue  to  charge  you  interest  on  that 
amount. 

•  While you do not have to pay the amount in question, 
you are responsible for the remainder of your balance. 
•  We  can  apply  any  unpaid  amount  against  your  credit 

limit. 

After we finish our investigation, one of two things will 
happen: 

If  we  made  a  mistake:  You  will  not  have  to  pay  the 
amount in question or any interest or other fees related 
to that amount. 
If we do not believe there was a mistake: You will have 
to  pay  the  amount  in  question,  along  with  applicable 
interest and fees. We will send you a statement of the 
amount you owe and the date payment is due. We may 
then  report  you  as  delinquent  if  you  do  not  pay  the 
amount we think you owe. 

let 

If  you  receive  our  explanation  but  still  believe  your  bill  is 
wrong,  you  must  write  to  us  within  10  days  telling  us  that 
you still refuse to pay. If you do so, we cannot report you as 
delinquent  without  also  reporting  that  you  are  questioning 
your bill. We must tell you the name of anyone to whom we 
those 
reported  you  as  delinquent,  and  we  must 
organizations  know  when  the  matter  has  been  settled 
between us. If we do not follow all of the rules above, you do 
not  have  to  pay  the  first  $50  of  the  amount  you  question 
even if your bill is correct. 
Your  Rights  If  You  Are  Dissatisfied  With  Your  Credit 
Card Purchases: 
If  you  are  dissatisfied  with  the  goods  or  services  that  you 
have purchased with your 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 purchase. 
To use this right, all of the following must be true: 
1.  The purchase must have been made in your home 
state or within 100 miles of your current mailing 
address, and the purchase price must have been more 
than $50. 
(Note: Neither of these are necessary if your purchase 
was based on an advertisement we mailed to you, or if 
we own the company that sold you the goods or 
services.) 

2.  You must have used your credit card for the purchase. 
Purchases made with cash advances from an ATM or 
with a check that accesses your credit card account do 
not qualify. 

3.  You must not yet have fully paid for the purchase. 
If  all  of  the  criteria  above  are  met  and  you  are  still 
dissatisfied with the purchase, contact us in writing. 

13464-15(08/10)135