MASTERCARD AND VISA LINE OF CREDIT AGREEMENT

The purpose of this agreement is to establish the terms and conditions of your credit card agreement
with McCoy Federal Credit Union. In this agreement, the words "you" and "your" mean any person
receiving and using the card and that by using the card for the first time "you" agree to all terms and
conditions in this agreement. "Card" means a MasterCard and VISA credit card and any duplicates
and renewals the Credit Union issues. "Account" means your MasterCard and VISA credit card line of
credit account with the Credit Union. "Credit Union," "we," "us," and "our" mean McCoy Federal Credit
Union. You must be a member of the Credit Union to apply for a credit card. 
Except to the extent that Federal Law is applicable, the validity, construction and enforcement of this
agreement and all matters arising out of the issuance and use of the Card shall be governed by the
laws of the State of Florida. 

USING  THE ACCOUNT/CREDIT  LIMIT: Upon  your  approval  for  an  account,  the  Credit  Union  will
establish a line of credit for you. Notification of your limit will be made when the card is sent to you.
You  agree  not  to  let  your  account  balance  exceed  your  approved  credit  limit. Any  transaction  that
would result in exceeding your credit limit will be declined.

RESPONSIBILITY: You promise to pay any and all charges incurred by you or any person whom you
authorize to use the Credit Card issued to you, and any fees or charges incurred in the recovery of a
credit card, retrieval of transaction data or collection of this account in accordance with the terms and
conditions issued by MasterCard and/or VISA International, Inc., and in accordance with the policies
established by the Credit Union. 
Your obligation to pay the amount owed on your account continues until paid in full even though an
agreement, divorce decree or other court judgement to which the Credit Union is not a party may direct
someone else to pay the account balance. 

JOINT ACCOUNT: If more than one person applies for the card each is individually responsible for all
amounts owed on the account and are jointly and severally responsible for all amounts owed. This
means  the  Credit  Union  can  enforce  this  agreement  against  any  of  you  individually  or  all  of  you
together. Each may obtain credit advances without the knowledge of the other and both are obligated
to repay all advances made to the account. 
You agree to notify the Credit Union of any address change. 

USING THE CARD: You may use the card issued to you to make purchases in person, and by mail
or telephone from merchants and others who accept MasterCard and/or VISA cards. You may also
obtain  cash  advances  from  the  Credit  Union,  from  other  financial  institutions  participating  in  the
MasterCard and/or VISA program and from automated teller machines (ATM's), that provide access to
the MasterCard and/or VISA system. Your MasterCard/VISA Personal Identification Number (PIN) is
needed to obtain a cash advance from an ATM.

INTEREST CHARGES: The monthly periodic rate assessed on your account is based on an Annual
Percentage Rate corresponding to the type of card account and your Beacon credit score. Your Annual
Percentage Rate is variable and will increase or decrease if the Prime Rate as published in the Wall
Street Journal ("Index") increases or decreases. We figure the Interest Charge by applying a periodic
rate, which corresponds to the Annual Percentage Rate, to the Average Daily Balance. The Average
Daily Balance is determined as follows: For Purchases: The "Average Daily Balance" for Purchases is
determined  by adding all the outstanding advance balances and billed but unpaid interest charges for
each calendar day of the billing period, and then subtracting all payments, credits and cash advances
for the billing period in which they were made, and then dividing the total by the number of days in that
billing period. For Cash Advances: Each daily balance of Cash Advances is determined by adding to
the outstanding unpaid balance of Cash Advances at the beginning of the billing cycle any new Cash
Advances posted to your account, and subtracting any payments as received or credits as posted to
your account, but excluding any unpaid Interest Charges. The periodic rate and corresponding Annual
Percentage Rate for each type of card account is shown on your Truth-in-Lending Statement.

Grace Periods: VISA: You can avoid interest charges on purchases and balance transfers by paying
the full amount of the New Balance of Purchases or New Balance of Balance Transfers each month
within 25 days of your statement closing date ("Grace Period"). There is no time period within which
to pay to avoid an interest charge on cash advances and interest will accrue from the date they are
posted to your account. MasterCard: There is no time period within which to pay to avoid an interest
charge, and the Interest Charge will be applied to the New Balance of Purchases, Cash Advances and
Balance Transfers, and subsequent purchases, cash advances and balance transfers, from the date
they are posted to your account. 

How to Calculate the Interest Charge: The Interest Charge is calculated at the Annual Percentage
Rate disclosed on your Truth-in-Lending Statement (or as amended from time to time) on the average
daily balance of purchase and cash advances you make, and any debit adjustments the credit union
makes, during the billing cycle. The daily balances are totaled, and divided by the number of days in
the  billing  cycle  to  produce  separate  average  daily  balances  for  purchases,  cash  advances,  and
balance  transfers  to  which  the  periodic  rate  is  then  applied.  If  your  card  has  a  grace  period  for
purchases or balance transfers and you pay the full amount of the New Balance of Purchases or New
Balance of Balance Transfers within that grace period, the amount for the applicable type of balance
will not be added to the average daily balance. For Purchases, Cash Advances, or Balance Transfers
with no grace period, interest charges will continue to accrue until the date of payment. For Purchases
or Balance Transfers with a grace period, interest charges will continue to accrue until the date of the
billing cycle preceding the date on which the entire New Balance is paid in full, if paid within the grace
period; otherwise, interest charges will continue to accrue until the date of payment.

Cross  Collateral: If  you  have  other  loans  with  us,  or  take  out  other  loans  with  us  in  the  future,
collateral  securing  those  loans  will  also  secure  your  obligations  under  this  agreement.  However,
unless you expressly agree otherwise, no dwelling secures your obligation under this agreement.

FEES AND CHARGES: You agree to pay any and all fees that you incur in connection with your Card,

in accordance with applicable law, in the amounts set forth on your Truth-in-Lending Statement, which
fees and amounts may be amended from time to time.

MONTHLY PAYMENTS: Each payment you make on the account will restore your credit limit by the
amount of the payment which is applied to the principal amount of purchases and cash advances. 
At any time your total new balance exceeds your credit limit, you must immediately pay the amount
over your credit limit. 

A PAYMENT IS REQUIRED EACH MONTH; therefore, you must pay at least the minimum payment
shown  on  your  statement  by  the  date  specified  on  your  monthly  statement.  You  can  repay  any
outstanding balance prior to maturity in whole or in part at your option without penalty.
Your monthly payment must be made directly to:
McCoy Federal Credit Union
P.O. Box 593806
Orlando, FL 32859-3806
The minimum periodic payment required is disclosed on your Truth-in-Lending Statement. 

McCoy Federal Credit Union
P.O. Box 96099
Charlotte, NC 28296-0099

(credit card remittance
statement required)

OR

CREDIT BALANCES: If there is a credit balance due, you may request it.

PLEDGE  OF  SHARES:  YOU  PLEDGE  AND  GRANT  TO  THE  CREDIT  UNION  A  SECURITY
INTEREST IN ALL INDIVIDUAL AND JOINT ACCOUNTS YOU HAVE WITH US NOW AND IN THE
FUTURE TO SECURE YOUR CREDIT CARD ACCOUNT(S) TO THE EXTENT OF THAT PORTION
OF THE ACCOUNT BALANCE WHICH MAY BE IN DEFAULT OR EXCEEDS YOUR CREDIT LIMIT.
INCLUDING  COSTS  OF  COLLECTION  AND  REASONABLE  ATTORNEY'S  FEES.  YOU
AUTHORIZE US TO APPLY THE BALANCE IN THESE ACCOUNT(S) TO PAY ANY AMOUNTS
DUE  UNDER  THIS  AGREEMENT  IF  YOU  SHOULD  BE  IN  DEFAULT.  THIS  PLEDGE  IS  A
CONDITION FOR THE ISSUANCE OF CREDIT UNDER THIS AGREEMENT.

DEFAULT: You will be in default under this agreement if you fail to make any minimum payment or
other required payment by the date that it is due. You will be in default if you break any promise you
make under this agreement. You will be in default if you die, file for bankruptcy or become insolvent,
that is, unable to pay your obligations when they become due. You will be in default if any attachment
or  garnishment  proceedings  are  initiated  against  you  or  your  property. You  will  be  in  default  if  you
default on any other indebtedness to the Credit Union. You will be in default if you make any false or
misleading statement in any credit application or credit update. You will also be in default if something
happens which the Credit Union believes may substantially reduce your ability to repay what you owe.
When you are in default, the Credit Union has the right to demand immediate payment of your full
account balance without notice. If immediate payment is demanded, you will continue to pay Interest
Charges,  at  the  periodic  rate  charged  before  default,  until  what  you  owe  has  been  paid,  and  any
shares that were given as security will be applied towards what you owe. You agree to pay reasonable
collection expenses, including card recovery fees, attorney fees, court costs,  and/or collection agency
fees  and  costs.  If  you  are  head  of  household,  in  the  event  of  default,  you  grant  us  permission  to
garnish head of family earnings in accordance with Florida law if collection proceedings are brought
against you.  
No  failure  or  delay  by  the  Credit  Union  in  exercising  any  rights,  powers,  and  remedies  under  this
agreement of provided by law shall be deemed a waiver thereof.

RESTRICTION  ON  CASH ADVANCES: Your  outstanding  cash  advance  balance  may  not  exceed
50% of your Credit Limit. We may refuse a cash advance if it would cause the cash advance balance
to exceed this amount.

CREDIT INFORMATION: You understand that the Credit Union will review your accounts periodically,
and you hereby give your permission to and authorize the Credit Union to investigate and reassess
your creditworthiness. 
You authorize the Credit Union to obtain information concerning your credit history from all available
sources now  and in the future. You authorize the Credit Union to disclose information regarding your
account to credit bureaus and creditors who inquire about your credit standing. 

IF YOUR CARD IS LOST OR STOLEN OR IF ANY UNAUTHORIZED USE OCCURS: You agree to
notify us immediately if your card is ever lost or stolen or if an unauthorized use may have occurred.
The telephone number to call is 1-800-449-7728, and you agree to follow up the call with notice in
writing to us at: McCoy Federal Credit Union, P.O. Box 31552, Tampa, FL 33631-3552. You also agree
to  assist  the  Credit  union  in  determining  the  facts,  circumstances  and  other  pertinent  information
relating to any loss, theft or possible unauthorized use of your card and comply with such procedures
as we may require in connection with our investigation, including filing a police report and otherwise
assisting in the prosecution of any unauthorized user. You will be liable for any unauthorized use over
the VISA Network only if the Credit Union can prove that you were grossly negligent in your use or
handling  of  your  card,  or  if  we  can  prove  that  you  used  the  card  fraudulently.  Your  liability  for
unauthorized use on networks other than the VISA Network will not exceed $50.00. In any case, you
will not be liable for any unauthorized use that occurs after you notify the Credit Union of the loss, theft,
or unauthorized use.

PLAN  MERCHANT  DISPUTES: We  are  not  responsible  for  the  refusal  of  any  plan  merchant  or
financial institution to honor your card. Also, we are not responsible for goods or services you purchase
with  the  card  unless  (a)  your  purchase  was  made  in  response  to  an  advertisement  we  sent  or
participated  in  sending  you;  (b)  your  purchase  cost  $50.00  or  more  and  was  made  from  a  plan
merchant in your state or within 100 miles of your home; and you have made a good faith attempt, but
have been unable to obtain satisfaction from the plan merchant. You must resolve all other disputes
directly with the plan merchant. 

FI12581 Rev 1-2014

COPYRIGHT 2005 Securian Financial Group, Inc. All rights reserved.

MASTERCARD AND VISA LINE OF CREDIT AGREEMENT

CHANGING OR TERMINATING YOUR ACCOUNT: You agree that the Credit Union may change the
terms of this agreement from time to time as permitted by applicable law after giving you any advance
notice required by law at your last known address. Your use of the card after receiving notice of a
change will also indicate your agreement to the change, unless applicable  law requires otherwise. 
You may request an increase in your credit limit either by written application or by phone. 
The Credit Union has the right to reduce or terminate your credit limit at any time. You understand and
acknowledge that such action shall not affect your obligation to pay any outstanding balance PLUS
any finance and other charges you owe under this agreement. Accounts that have been inactive for
one (1) year may be subject to termination at the renewal date, subject to applicable law. 
The card(s) you receive remain the property of the Credit Union and you must recover and surrender
to the Credit Union ALL cards upon request or upon termination of this agreement whether by you or
the Credit Union.

RETURNS AND ADJUSTMENTS: Merchants who honor your card will give you credit for returns or
adjustments by sending us a credit slip which we shall post to your Plan. If your credits and payments
exceed what you owe us, we will hold this credit balance against future purchases or refund it to your
share account upon your written request (if it is $1.00 or more).

FOREIGN TRANSACTIONS: The exchange rate for international transactions will be a rate selected
by VISA from the range of rates available in wholesale currency markets, which may vary from the rate
VISA itself receives, or the government-mandated rate in effect for the applicable central processing
date, plus an amount determined by us and disclosed on your Truth-in-Lending Statement.
If you make a transaction with your MasterCard in a currency other than U.S. Dollars, MasterCard
International Incorporated will convert the charge into a U.S. dollar amount. MasterCard International
will use its currency conversion procedure, which is disclosed to institutions that issued MasterCard's.
Currently the currency conversion rate used by MasterCard International to determine the transaction
amount  in  U.S.  dollars  for  such  transactions  generally  either  a  government  mandated  rate  or  a
wholesale  rate  determined  by  MasterCard  International  for  the  processing  cycle  in  which  the
transaction  is  processed,  increased  by  an  adjustment  factor  established  from  time  to  time  by
MasterCard  International.  The  currency  conversion  rate  used  by  MasterCard  International  on  the
processing  date  may  differ  from  the  rate  that  would  have  been  used  on  the  purchase  date  or
cardholder statement posting date.  

EFFECT OF AGREEMENT/WAIVER: This agreement is the contract which applies to all transactions on
your account even though the sales, cash advances, credit or other slips you sign or receive may contain
different terms. The Credit Union can delay enforcing any of its rights any number of times without losing
them. Each provision of this agreement must be considered as part of the total agreement and cannot in
any way be severed from it. However, you also agree that should any part of this agreement be found
invalid, it will in no way affect the remainder of the agreement.  

STATEMENT AND NOTICES: You will receive a statement each month showing transactions on your
account. You are responsible for your minimum monthly payment even in the event your statement is
late or returned to the Credit Union. Statements and notices will be mailed to you at the most recent
address you have given the Credit Union. Notice to any one of you will be considered notice to all. 

PERSONAL  IDENTIFICATION  NUMBER  (PIN): We  will  furnish  you  with  a  Personal  Identification
Number (PIN). You agree to keep the PIN secret. You also agree you won't write the PIN on the Card
or anything you keep with the card. Your use of the PIN and card in getting a cash advance or making
a purchase is agreed to constitute your signature for purposes of such transaction.  
You may use your McCoy Federal Credit Union VISA Card to conduct any transaction or obtain any
credit union service permitted by law. You agree that the use of the VISA Card to obtain a service or
effect  a  transaction  that  is  illegal  under  the  law  of  any  jurisdiction  where  originated,  effected  or
accomplished  will  be  a  default  and  breach  of  this  agreement.  McCoy  Federal  Credit  Union  may
terminate the access to the service or withdraw  the right to use the VISA Card and/or demand the
return of all VISA Cards or other access devices issued to you. If illegal use of your VISA Card occurs,
you  waive  the  right  to  sue  McCoy  Federal  Credit  Union,  and  agree  to  indemnify  and  hold  McCoy
Federal Credit Union harmless from any suits or other legal action or liability which may be asserted,
directly or indirectly, again McCoy Federal Credit Union arising out of or resulting from your illegal use
of the VISA Card. 

YOUR BILLING RIGHTS: KEEP THIS DOCUMENT FOR FUTURE USE

This notice tells you 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 the address(es) listed on your statement.
In your letter, give us the following information:
1. Your name and account number.
2. The dollar amount of the suspected error.
3.

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 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.

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 reported
you  as  delinquent,  and  we  must  let  those  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
at the address(es) listed on your statement.
While we investigate, the same rules apply to the disputed amount as discussed above. After we finish
our investigation, we will tell you our decision. At that point, if we think you owe an amount and you do
not pay, we may report you as delinquent.

M-111019