IBM Southeast Employees' Federal Credit Union
P.O. Box 5090
Boca Raton, FL 33431-0890
561.982.4700 • 800.873.5100

TRUTH-IN-LENDING DISCLOSURE
STATEMENT - ACCOUNT OPENING DISCLOSURES

BORROWER 1 NAME

BORROWER 2 NAME

ACCOUNT NUMBER

DATE

The following disclosure represents important details concerning your credit card. This statement is incorporated into and becomes a part of your Credit
Card Agreement. The information about costs of the card are accurate as of January 1, 2012. You can contact us toll free at 800.873.5100 or the address
above to inquire if any changes occurred since the effective date.  We reserve the right to periodically review your credit standing and to increase
any rate on your new balances, in accordance with applicable law.
INTEREST RATES and INTEREST CHARGES:

Annual Percentage Rate (APR) for         Visa Classic: This rate is dependant upon your credit history.                                             _______________%
Purchases & Cash Advances                  Visa Platinum: This variable rate is dependant upon your credit history and                                                                                  
                                                                    will vary with the market based on the Prime Rate.**                                                            _______________%

APR Balance Transfers                          Visa Classic: ________%  Introductory APR for six (6) months. After that, the standard APR will be ________%
                                                                  Visa Platinum: ________% Introductory APR for six (6) months. After that, the variable APR will be ________%
                                                                  This APR will vary with the market based on the Prime Rate. **

Paying Interest

Your due date is at least 21 days after we mail your billing statement. We will not charge you interest on
purchases if you pay your entire new balance by the due date each month. We will begin charging interest
on cash advances and balance transfers on the transaction date.

Minimum Interest Charge

Visa Classic: If you are charged interest, the charge will be no less than $0.01.
Visa Platinum: If you are charged interest, the charge will be no less than $0.50.

For Credit Card Tips from the Federal
Reserve Board

To learn more about factors to consider when applying for or using a credit card, visit the website of the
Federal Reserve Board at http://www.federalreserve.gov/creditcard

FEES:

Fees to Open or Maintain your
Account

- Annual Fee:
- Application Fee:

Transaction Fees

- Balance Transfer:
- Cash Advance:
- Foreign Transaction:

Penalty Fees

- Late Payment:

- Over-the-Credit Limit:
- Returned Payment:
- Declined Convenience Check:
- Convenience Check Stop Payment:

Visa Classic: None   Visa Platinum: None
Visa Classic: None   Visa Platinum: None

Visa Classic: None   Visa Platinum: 2% of the amount of each balance transfer or $5, whichever is greater.*
Visa Classic: None   Visa Platinum: 2% of the amount of each balance transfer or $5, whichever is greater.*
Visa Classic and Visa Platinum: 2% of each cross border transaction in U.S. Dollars,  if the transaction
involves a currency conversion, or does not involve a currency conversion.

Visa Classic: If your payment is late ten (10) business days or more, up to $25.00 
Visa Platinum: If your payment is late ten (10) business days or more, up to $25.00 for the first offense, and 
up to $35.00 each if two (2) or more offenses occur within six (6) months.
Visa Classic: None   Visa Platinum: None. We do not approve authorizations that will exceed your credit limit.
Visa Classic: None   Visa Platinum: None
Visa Classic: None   Visa Platinum: None
Visa Classic and Visa Platinum: Up to $25.00 if you stop payment of a convenience check for any reason.

How We Will Calculate Your Balance: We use a method called "average daily balance (including new purchases)." See your account agreement for more
details.

Loss of Introductory Rate: We may end your Introductory Rate and apply the Standard APR disclosed above  if you make a late payment.

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

* Does not apply to overdraft advances or Member initiated cash advance transfers via Online Banking or Telephone Banking.

9010 LASER FPDF FI14763 Rev 01-2012 

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COPYRIGHT 2009 Securian Financial Group, Inc. All rights reserved.

SEE NEXT PAGE for more important information about this account

OTHER IMPORTANT DISCLOSURES:

SECURITY: YOU SPECIFICALLY GRANT US A CONSENSUAL SECURITY INTEREST IN ALL INDIVIDUAL AND JOINT ACCOUNTS YOU HAVE
WITH US NOW AND IN THE FUTURE TO SECURE REPAYMENT OF CREDIT EXTENDED UNDER THIS AGREEMENT. YOU ALSO AGREE THAT
WE HAVE SIMILAR STATUTORY LIEN RIGHTS UNDER STATE AND/OR FEDERAL LAW. THE GRANTING OF THIS SECURITY INTEREST IS A
CONDITION FOR THE ISSUANCE OF CREDIT UNDER THIS AGREEMENT. IF YOU ARE IN DEFAULT, WE CAN APPLY YOUR SHARES TO THE
AMOUNT YOU OWE. Shares and deposits in an Individual Retirement Account or any other account that would lose special tax treatment under state or
federal law if given are not subject to this security interest.
If you have other loans with us, collateral securing such loans may also secure your obligations under this Agreement, unless that other collateral is
your principal residence or non-purchase money household goods.

** Variable Rates:  The Annual Percentage Rate may increase or decrease if the highest rate of interest identified as the 'Prime Rate' in the 'Money Rates'
column of the Wall Street Journal increases or decreases. The Annual Percentage Rate will be equal to the Prime Rate plus a margin of: __________ %
The interest rate can change monthly on the first day of each month following a change in the Prime Rate. The Annual Percentage Rate will never be more
than 18%. Any increase will lengthen the time it takes to pay off your loan.

Daily Periodic Rates: Introductory Rate:

%; Purchases & Cash Advances:

%; Balance Transfers:

%

Visa Classic and Visa Platinum -   Other Fees: In addition to the fees disclosed above, the following fees may be imposed:

Up to   $25.00                                  10.00%      

or

Card Replacement Fee:                                                                        $10.00
Extension Fee:
Overnight Delivery Fee (Weekday/Saturday/Holiday):                         $20.00 / $40.00
Expedited Payment by Phone Fee:                                                      $10.00
Personal Identification Number (PIN) Replacement Fee:                  $3.00
Returned Mail Fee (USPS Returns):                                                     $5.00
Rush PIN Request Fee:                                                                         $20.00
Sales Draft Copy Fee:                                                                           $5.00                    
Statement Copy Fee:                                                                            $10.00

of the deferred payment amount

Minimum Payment Requirement: 2% of the outstanding balance at time of billing, subject to a minimum of $10.00, or the statement balance if the amount
is less than $10.00.

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