Time Federal Savings Bank Credit Card Disclosure Agreement 
(VISA Classic, VISA Gold) 

These regulations are effective January 9, 2013.   In these regulations, the words you and your mean each and all of those who applied for the 
card.  Card means your VISA credit card issued by Time Federal Savings Bank and any duplicates or renewals we issue.  Account means your 
VISA credit card account.  We, us and our mean Time Federal Savings Bank. 

1.    Responsibility.    If  you  apply  for  and  receive  a  card  from  us,  you  agree  to  these  regulations.    You  also  agree  to  repay  all  debts  and  any 
INTEREST CHARGE or any other fees or charges arising from the use of the card and the card account.  For example, you are responsible for 
charges made by yourself, your spouse and minor  children.  You are also responsible for charges made by anyone else to whom you give the 
card,  and  this  responsibility  continues  until  you  recover  and  return  the  card  to  us.    Except  to  the extent allowed by law, you cannot disclaim 
responsibility by notifying us and it continues even though an agreement, divorce decree or other court judgment to which we are not a party may 
direct you or one of the other persons responsible to pay the account.  Any person using the card shall be jointly responsible with you for charges 
he or she makes, and if that person signs the card, and receives a copy of these regulations, he or she is also responsible for all charges on the 
account, including yours. 

2.  Credit Line.  We will establish a Credit Line for you and advise  you on its amount.  You agree not to let the account balance exceed the 
Credit Line.  We reserve the right to reduce your Credit Line from time to time, or to revoke your card without affecting your obligation to pay 
the account balance.  The cards remain  our property, and if we request you must recover and surrender to us all cards we have issued on your 
account. 

3.  Interest Charges.  Your account will be subject to an INTEREST CHARGE for any statement period during which you failed to pay in full 
the Previous Balance shown on the statement during the first 25 days of the statement period.  The interest portion of the INTEREST CHARGE 
is calculated by applying the following monthly periodic rates to the “average daily balance” of your account: 

    Purchases: 
Balance Transfers: 
     Cash Advances: 

0.825% per month (9.90% ANNUAL PERCENTAGE RATE) 
0.825% per month (9.90% ANNUAL PERCENTAGE RATE) 
0.825% per month (9.90% ANNUAL PERCENTAGE RATE) 

Purchases and Balance Transfers (Method G) Average Daily Balance (including current transactions).  To avoid incurring additional Interest 
Charge  on  the  balance  of  purchases  (and  cash  advances,  if  Method  G  is  specified  as  applicable  to  cash  advances)  reflected on your monthly 
statement and, on any new purchases (and if applicable, cash advances) appearing on your next monthly statement, you must pay the entire “New 
Balance” in full, shown on your monthly statement on or before the Payment Due Date.     

The Interest Charges for a billing cycle are computed by applying the monthly Periodic Rate to the “average daily balance” of purchases (and if 
applicable, cash advances).  To get the average daily balance, we take the beginning balance of your account each day, add any new purchases or 
cash advances, and subtract any payments, credits, non-accruing fees, and unpaid interest 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. 

Cash Advances. (Method F)   Average Daily Balance (including current transactions).  To avoid incurring additional Interest Charge on the 
beginning balance of cash advances (and purchases if Method F is specified as applicable to purchases) reflected on your monthly statement, you 
must pay the Beginning Balance shown on your monthly statement on or before the Payment Due Date.  No grace period is provided for current 
cycle transactions.   

The  Interest  Charges for a billing cycle are computed by applying the Periodic Rate to the “average daily balance” of  cash advances (and if 
applicable, purchases).  To get the average daily balance, we take the beginning balance of your account each day, add any new purchases or cash 
advances, and subtract any payments, credits, non-accruing fees, and unpaid interest 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. 

You can avoid any INTEREST CHARGES on purchases by paying in full the New Balance shown on your monthly statement within 25 days 
of the statement closing date.  Each cash advance will be subject to a INTEREST CHARGE (cash advance fee) of 2% of the face amount of the 
cash advance or $2.00, whichever is greater (maximum $20.00). 

4.  Penalty Fees.  Your account will also be subject to the following additional fees: 

a.  A Late Payment Fee of up to $10.00 for any statement period in which you fail to pay at least the Minimum Payment described below  
     within a minimum of 15 days after the payment due date. 
b.  A returned check fee of up to $15.00 will be assessed as a purchase if we receive a check that is presented for payment to your VISA  
     account which is returned unsatisfied because you do not have an account with the financial institution, your account does not have  
     sufficient funds in it, or you do not have sufficient credit with the financial institution.  

5.    Monthly  Statement;  Minimum  Payment.    We  will  mail  you  a  statement  every  month  showing  your  Previous  Balance,  the  current 
transactions on your account, the remaining regular credit available under your Credit Line, the New Balance, and the Minimum Payment due.  
Every  month  you  must  pay  at  least  the  Minimum  Payment  within  25  days  after  the  date  of  your  statement.    If  you  fail  to  pay  the  minimum 
payment within 15 days after the due date, your account will be subject to a Late Payment Fee in the amount of up to $10.00.  You may of 
course, pay more than the Minimum Payment, or pay the New Balance in full and you will reduce or avoid the INTEREST CHARGE by doing 
so.  The Minimum Payment will be applied as follows:  a) any unpaid finance charges on cash advances;  b) any unpaid finance charges on retail 
purchases;    c)  any  past  due  principal  on  cash  advances;    d)  any  past  due  principal  on  retail  purchases;    e)  any  finance  charges  due  on  cash 
advances;  f) any finance charges due on retail purchases;  g) principal due on new cash advances;  h) principal due on any new retail purchases 
including late charges, and any other fees;  i) remaining balances on cash advances;  j) remaining balances on retail purchases. 

A Minimum Payment is required for every statement period and any additional amount received, if sufficient, may be used to satisfy the 
next required minimum payment amount.  Your Minimum Payment will be the full amount by which your regular New Balance exceeds your 
credit line, plus 3% of your New Balance or $20.00, whichever is greater, or your full New Balance if it is less than $20.00. 

6.  Payment Crediting and Credit Balance.  Payments received by 5PM EST at the location specified on the front of the statement after the 
phrase “Please Mail Your Payments to” will be credited as of the date of receipt to the account specified on the payment coupon.  Payments are 
not processed at any location of Time Federal Savings Bank.  Any payments received at an office of Time Federal Savings Bank  are mailed to 
our service provider for processing.  Payments must be made in U.S. dollars.  Payments that do not conform to the requirements set forth on or 
with  the  periodic  statement  (e.g.  missing  payment  stub,  payment  envelope  other  than  as  provided  with  your  statement,  multiple  checks  or 
multiple coupons in the same envelope) may be subject to delay in crediting but shall be credited within five days of receipt.  If there is a credit 
balance  due  on  your  account,  you  may  request,  in  writing,  a  full  refund.    Submit  your  request  to  Time  Federal  Savings  Bank,  PO  Box  239, 
Medford, WI 54451-0239.  By sending your check, you are authorizing the use of the information on your check to make a one-time electronic 
debit from the account on which the check is drawn.  This electronic debit, which may be posted to your account as early as the date your check 
is received, will be only for the amount of your check.  The original check will be destroyed and we will retain its image in our records.  If you 
have questions please call the customer service number on the front of your billing statement.   
Closing  Date.    The  closing  date  is  the  last  day  of  the  billing  cycle;  all  transactions  received  after  the  closing  date  will  appear  on  your  next 
statement. 
Negative Credit Reports.  We may report information about your account to credit bureaus.  Late payments, missed payments, or other defaults 
on your account may be reflected in your credit report. 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
     
 
 
 
 
 
7.  Default.  You will be in default if you fail to make the Minimum Payment on time 2 times during any 12 month period.  You will also be  in 
default if your ability to repay us, or the value to us of your security interest, is materially reduced by a change in your employment, an increase 
in  your  obligations,  your  failure  to abide by these regulations, or the fact that you or your spouse dies, changes domicile or marital status, or 
becomes the subject of bankruptcy or insolvency proceedings.  We have the right to demand immediate payment of your full account balance if 
you do not cure your default within 15 days after we send a written default notice.  We have this right, without notice, if the default is your 3rd 
within 12 months and we notified you of the prior 2.  In addition, if you are domiciled in Wisconsin, to the extent not prohibited by law, the 
account will terminate (and your privilege of using the Card will cease) on the day we receive written notice from your spouse terminating the 
account; but you and your spouse, to the extent not prohibited by the law, remain responsible for all amounts debited to your account (including 
finance charges) both before and after receipt by us of such notice of termination.  Upon such a termination, we may demand immediate payment 
of your full account balance. 

Your privilege of using the Card and the account will expire on the date shown on the Card.  You may terminate your account relationship with 
us at any time by surrendering to us all of your Cards but you will remain liable to us for full payment of any balance of your account.  We may 
revoke your Card at any time without prior notification and without affecting your obligation to pay the account balance. 

8.  Governing Law; Security Interest.  Each purchase and cash advance through your account constitutes a loan made by us to you in the state 
of Wisconsin.  You agree that the Wisconsin Consumer Act applies to all these loans (except for the rate of INTEREST CHARGE which may be 
governed by federal law) even though you may use them for business purposes, or you are a person not otherwise covered by the Act.  To secure 
each purchase loan, you grant us a security interest under the Uniform Commercial Code in any goods you purchase with it.  If you default, we 
will  have  the  right to recover any of these goods which have not been fully paid for through our application of your payments in the manner 
described in Section 422.418(3) and (4) Wis. Stats.  If you give or have given us any other security interests for all your debts, your account will 
also  be  secured  by  the  property  described  in  those  security  agreements  (except  for  your  home  and  the  personal  property,  home  furnishings, 
appliances and clothing described in Section 422.417 Wis. Stats., and when your account balance is less than $1,000 except for other real estate). 

9.    Foreign  Transactions.    Purchases  and  cash  advances  you  make  in  foreign  countries  and  foreign  currencies  will  be  billed  to  you  in  U.S. 
dollars.  The conversion to dollars will be made by the foreign plan member’s bank in accordance with the applicable VISA operating regulations 
for international transactions.  

Foreign  Transaction  Fee  –  0.8%  of  the  transaction  amount  on  foreign  transactions  where  there  is  no  currency  conversion.    1.0%  of  the 
transaction amount on foreign transactions if there is a currency conversion. 

10.  Plan Member Disputes.  We are not responsible for the refusal of any plan member or financial institution to honor your card.  You must 
resolve directly with the plan member any disputes regarding goods or services you purchase with the card, unless  (a) your purchase was made 
from us or an affiliate or in response to an advertisement we sent or participated in sending you; or (b) your purchase cost more than $50 and was 
made from a plan member in your state or within 100 miles of your current mailing address. 

11.  Use.  If you are married or domiciled in Wisconsin, you represent that all transactions through your account will be incurred in the interest of 
your  marriage  or  family.    You  authorize  us  to  pay  for  your  account  all  items  reflecting  purchases  or  cash  advances  made  with  the  Card  or 
Convenience Check in spite of the absence of your signature on a sales draft or the  lack of presentation of the Card.  By giving your Card or 
Convenience Check to someone else you authorize all purchases and cash advances made by that person until you have notified us that future 
transactions are unauthorized. 

Notify us at once at 800-325-3678 of any loss, theft, disappearance or possible unauthorized use of your Card or any Convenience Check.    

12.  Change of Address.  We will send all account statements and any other notices or communications concerning this account to your address 
as shown on our records.  If you change your address, you must notify us of your new address within 15 days. 

13.  Effect of Regulations.  These regulations are the entire contract which applies to all transactions on your account even though the sales, 
cash advance or credit slips you sign may contain different terms.  We may amend these regulations from time to time by sending you advance 
written notice.  Your use of the card or the account thereafter will indicate your agreement to the amendments.  To the extent the law permits, and 
we  indicate  in  our  notice,  amendments  will  apply  to  your  existing  account  balance  as  well  as  to  future  transactions.    Our  delay  or  failure  to 
exercise any of our rights is not a waiver of those rights, and no waiver or modifications of these Regulations is valid unless it is in writing and 
signed  by  us.    You  authorize  us  to  investigate  your  credit  standing  at  any  time  and  to  disclose  to  others  information  relating  to  your  credit 
experience with us. 

BILLING RIGHTS SUMMARY 
What To Do If You Think You Find A Mistake On Your Statement 
If you think there is an error on your statement, write to us at Customer Service, PO Box 30495, Tampa, FL 33630.  In your letter, give us the 
following information: 

  Account information:  Your name and account number 
  Dollar Amount: 
  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 

The dollar amount of the suspected error. 

mistake. 

You must contact us within 60 days after the error appeared on your statement.  You must notify us of any potential errors in writing (or 
electronically).  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.  While we investigate whether or not there has been an error, the following are true: 

  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.  But, if we 
determine that we made a mistake, you will not have to pay the amount in question or any interest or other fees related to 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. 

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 (or electronically) at Customer Service, 
PO Box 30495, Tampa, FL 33630.  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. 

PROTECT 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. 

01/13 

10/08