1600 Medical Drive
Pottstown, PA 19464
(610) 326-5490
1-800-593-1000
Fax: (610) 326-5973

CREDIT BUILDER MASTERCARD
CREDIT CARD AGREEMENT

In this Agreement, "You" and "your" mean any person who accepts this Agreement or uses
the Card. The "Card" means any Credit Builder Mastercard credit card issued to you or those
designated by you under the terms of this Agreement. "We," "us" or the "Credit Union" means
Diamond Credit Union or its successors. By using your card, you agree to all of the terms and
conditions set forth herein.

SECURITY:  (a) In  order  to  receive  and  maintain  your  Card,  YOU  GRANT  US  A
CONSENSUAL  LIEN  AND  SECURITY  INTEREST  IN  YOUR  DESIGNATED  SHARE
ACCOUNT  IN  AN  AMOUNT  EQUAL  TO  YOUR  CREDIT  LIMIT.  YOU  MAY  NOT
WITHDRAW  ANY  AMOUNTS  FROM  THE  DESIGNATED  SHARE  ACCOUNT  THAT
WOULD CAUSE THE ACCOUNT BALANCE TO FALL BELOW AN AMOUNT EQUAL
TO YOUR CREDIT LIMIT, UNLESS WE AGREE TO RELEASE ALL OR PART OF THE
PLEDGED AMOUNT. You may cancel your Card at any time by paying all amounts owed
on your Card. To be certain that your entire balance and all advances on your Card are
paid,  any  shares  pledged  may  not  be  available  to  you  for  30  days  after  you  have
cancelled your Card and paid any outstanding balance in full.
(b)  Additionally,  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.
(c) If you have other loans with us, collateral securing such loans may also secure
your obligations under this Agreement.
(d)  Military  Lending  Act.    Notwithstanding  any  provision  above,  at  any  time(s)  during
which the Military Lending Act applies to this account: (a) only shares deposited into the
Secured Deposit Account after the card is established will secure this Card, and no other
accounts  will  secure  this  Card;  (b)  the  "Cross-Collateralization;  Additional  Security"
provision  does  not  apply;  and  (c)  any  provision  in  any  agreement  or  other  document
provided in connection with your Card that contradicts the Military Lending Act shall have
no force or effect.

1.  Using  Your  Card.  Using  your  Card  constitutes  your  acceptance  of  the  terms  and
conditions of this Agreement, as may be amended from time to time. You can purchase or
lease goods and services ("Purchases") from any merchant who honors your Card up to your
maximum credit limit for your Card. You may also use the Card to obtain cash advances up
to your maximum credit limit from financial institutions and ATMs that accept the Card. You
may also access your account by telephone or access checks (if provided to you). Certain
purchases and cash advances require authorization prior to completion of the transaction. In
some cases, you may be asked to provide identification. If our system is not working, we may
not be able to authorize a transaction, even though you have sufficient credit available. Also,
for security reasons, we may block the use of your Card in certain countries or geographic
areas. We will have no liability to you or others if any of these events occur.

2.  Credit  Limits.  We  will  notify  you  of  your  credit  limit.  You  agree  to  keep  your  unpaid
balance  within  your  credit  limit;  however,  if  you  do  exceed  your  credit  limit,  you  agree  to
immediately pay any amount over the credit limit upon our demand, regardless of whether we
authorized the advance(s) which caused you to exceed your credit limit.

3.  Personal  Identification  Number  (PIN).  We  will  issue  a  Personal  Identification  Number
(PIN) for use with your Card. This PIN is confidential and should not be disclosed to anyone.
You may use your PIN and your Card to access your account, and all sums advanced will be
added  to  your  account  balance.  In  the  event  a  use  of  your  PIN  constitutes  an  Electronic
Funds Transfer, the terms and conditions of your Electronic Funds Transfer Agreement may
affect your rights.

4. Promise To Pay. Regardless of the means used to access your account, you promise to
pay us in U.S. dollars for (a) all purchases, cash advances, and balance transfers made by
you  or  anyone  whom  you  authorize  to  use  the  Card;  (b)  all  Interest  Charges  and  other
charges or fees; (c) collection costs and attorney's fees as permitted by applicable law, and
any costs incurred in the recovery of the Card; and (d) credit in excess of your credit limit that
we may extend to you.

5. Illegal Use and Internet Gambling. You agree that all transactions that you initiate by use
of  your  Card  are  legal  in  the  jurisdiction  where  you  live  and/or  where  the  transaction
occurred.  Internet  gambling  may  be  illegal  in  the  jurisdiction  in  which  you  are  located,
including the United States. Your Card may only be used for legal transactions. Display of a
payment card logo by an online merchant does not mean that internet gambling transactions
are lawful in all jurisdictions in which you may be located. You agree to repay according to
the terms of this Agreement all transactions you initiate by use of your Credit Card, whether
deemed legal or illegal.

6. Joint Accounts. Each of you will be responsible, jointly and severally, for the repayment
of amounts owed, regardless of who initiated any transaction under the account.

7. Ownership of Card. Your Card remains our property and may be cancelled by us at any
time without notice. You agree to surrender your Card and to discontinue use of the account
immediately upon our request.

8. Others Using Your Account. If you allow anyone else to use your account, you will be
liable  for  all  credit  extended  to  such  persons.  You promise  to  pay  for  all  purchases  and
advances made by anyone you authorize to use your account, whether or not you notify us
that  he  or  she  will  be  using  it.  If  someone  else  is  authorized  to  use  your  account  and  you
want to end that person's privilege, you must notify us in writing, and if he or she has a Card,
you must return that Card with your written notice for it to be effective. (cid:9)

(cid:9)

9. Interest Charges. You agree to pay interest at the rate(s) disclosed to you at the time you
open your account and as may be changed from time to time in accordance with applicable
law. Interest Charges will accrue on your average daily balance outstanding during the month
(new and previous). To get the average daily balance, we take the beginning balance each
day, add any new purchases, cash advances, insurance premiums or debt protection fees or
similar fees, and debit adjustments and subtract any unpaid late charges. This gives us the
daily balance. Then, we add up all the daily balances for the billing cycle and divide that by
the  number  of  days  in  the  billing  cycle.  We then  multiply  that  by  the  monthly  periodic  rate
corresponding to the Annual Percentage Rate that was previously disclosed to you.

You can avoid Interest Charges on purchases by paying the full amount of the entire balance
for  purchases  each  month  by  the  date  on  which  the  payment  is  due.  Otherwise,  the  new
balance  for  purchases,  and  subsequent  advances  from  the  date  they  are  posted  to  the
account, will be subject to an Interest Charge. You cannot avoid Interest Charges on cash
advances and balance transfers; even if you pay the entire cash advance balance or balance
transfer balance by the payment due date, you will incur the Interest Charges accrued from
the transaction date of the cash advance or balance transfer.

10. Fees. 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/or amounts may be amended from time to time.

11. Minimum Monthly Payments. Your minimum monthly payment will be 1.5% of your total
New  Balance  shown  on  your  billing  statement  at  the  end  of  each  billing  cycle,  plus  the
amount of any prior payments due that remain unpaid, subject to the lesser of $10 or your
account balance. In addition, any time that your total New Balance exceeds your credit limit,
you  must  immediately  pay  the  excess  upon  our  demand.  You have  the  right  to  pay  your
account  in  full  at  any  time  without  penalty. Partial  payments  or  prepayments  will  not  delay
your next scheduled payment - you will still need to make the minimum scheduled payment
by the next scheduled  due date to keep your account current. Payments will be applied in
any  order  we  determine,  subject  to  applicable  law. You understand  that  any  payment  that
delays  the  repayment  of  your  unpaid  balance  will  increase  your  Interest  Charge  and  any
payment  that  accelerates  the  reduction  of  your  unpaid  balance  will  decrease  your  Interest
Charges.

12. If Your Card is Lost or Stolen or if an 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. "Unauthorized use" means the use of the Card by someone other than you who
does not have actual, implied or apparent authority for such use, and from which you receive
no benefit. Call or write to us at (800) 593-1000 or (610) 326-5490 or Diamond Credit Union,
1600  Medical  Drive,  Pottstown,  PA 19464.  You also  agree  to  assist  us  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.  You will  have  no  liability  for  Mastercard  transactions  not
authorized  by  you,  provided  that  you  have  exercised  reasonable  care  in  safeguarding  the
Card from risk of loss or theft, and upon becoming aware of such loss or theft, you promptly
report the loss or theft to us.

13.  Crediting  Of  Payments. Payments  are  due  on  the  date  disclosed  on  your  monthly
statement. If your payment is received by us either by mail, electronically, or in-person at a
branch during regular business hours on a business day, it will be credited to your account as
of that date. Payments placed in our lockbox between 6 a.m. and 5 p.m. EST will be credited
to your account as of the date placed in the lockbox. If payment is made by any other means
or at any other times, credit for such payment may be delayed up to five (5) days. Payments
will be applied in any order we determine, subject to applicable law.

14. Default; Acceleration; Credit Suspension; Collection Costs. You will be in default if:
(a) you fail to make any payment on time; (b) if you fail to keep any promises you have made
under this Agreement or under other Agreements you have with us; (c) if you die; (d) if you
file a petition in bankruptcy or have a bankruptcy petition filed against you, or if you become
involved  in  any  insolvency, receivership  or  custodial  proceeding;  (e)  if  anyone  attempts  to
take any of your funds held by us via legal process or if you have a judgment or tax lien filed
against  you;  (f)  if  you  make  any  false,  inaccurate,  or  misleading  statements  in  any  credit
application or credit update; or (g) if we, in good faith, believe that your ability to repay what
you owe is or soon will be impaired, or that you are unwilling to make your payments.

LASER PDF FI13614 Rev 8-2017

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COPYRIGHT 2009 Securian Financial Group, Inc. All rights reserved.

27.  Statements  and  Notices.  Statements  and  notices  will  be  mailed  to  you  at  the  most
recent postal address or e-mail address (if you have elected to receive such documents via
electronic means) that you have given us. Statements will be sent each month in which there
is a debit or credit  balance or when an Interest  Charge is imposed.  If you  have  elected to
receive a statement via e-mail, you will not be sent a paper statement. We need not send you
a  statement  if  we  feel  your  account  is  uncollectible  or  if  we  have  started  collection
proceedings against your account because you defaulted. Each statement is deemed to be a
correct statement of account unless you establish a billing error pursuant to the Fair Credit
Billing Act. Notice sent to any one of you will be considered notice to all.

28. Integrated Documents. Any separate document entitled "Truth-in-Lending Statement" or
similar which is delivered with this Agreement or provided at a later time is an integrated part
of this Agreement.

29. Notification of Address Change. You will notify us promptly if you change your address
for any reason. In order to prevent identity theft, your identity may need to be verified before
we act upon the notification.

30.  Copy  Received.  You acknowledge  that  you  have  received  a  copy  of  this Agreement.

31. Governing Law. This Agreement shall be construed under federal law and state law in
the state in which we are primarily located, and the venue shall be located in the county and
state  in  which  we  are  primarily  located.  Operating  regulations  of  Visa  or  Mastercard,  as
applicable,  may  also  apply. This Agreement  is  the  contract  that  applies  to  all  transactions
even though the sales, cash advance, convenience check, credit or other slips you sign or
receive may contain different terms.

32.  NOTICE  TO  UTAH  BORROWERS.  This  written  agreement  is  a  final  expression  of  the
agreement  between  you  and  the  Credit  Union.  This  written  agreement  may  not  be
contradicted by evidence of any oral agreement.

IMPORTANT DISCLOSURES FOR ACTIVE MEMBERS OF THE
MILITARY AND THEIR DEPENDENTS:
The  Military  Lending Act  applies  to  this  credit  card  account  if  at  the  time  you
establish the account you are an active member of the military or a dependent
(as  defined  in  the  Military  Lending  Act,  10  U.S.C.  987  and  implementing
regulations).  The  following  terms  and  conditions  amend  your  credit  card
agreement and apply during any period(s) in which you are active military or a
dependent  under  those  definitions.  They  do  not  apply  when  you  are  not  an
active duty member of the military or a dependent:
1.

NOTICE:  Federal  law  provides  important  protections  to  members  of  the
Armed  Forces  and  their  dependents  relating  to  extensions  of  consumer
credit.  In  general,  the  cost  of  consumer  credit  to  a  member  of  the Armed
Forces and his or her dependent may not exceed an annual percentage rate
of 36 percent. This rate must include, as applicable to the credit transaction
or  account:  the  costs  associated  with  credit  insurance  premiums  or  debt
protection fees; fees for ancillary products sold in connection with the credit
transaction; any application fee or participation fee unless they are bona fide
and  reasonable  under  the  MLA. To receive  this  notice  verbally, please  call
toll-free 1-800-593-1000 during our normal business hours.

2. Advances will not be secured by a consensual lien on shares or deposits in
any  of  your  share  or  deposit  accounts  unless  you  specifically  agree  to
establish  a  secured  share  or  deposit  account  in  connection  with  this  credit
card  account  (“Secured  Account”).  Only  funds  deposited  into  the  Secured
Account after the credit card is established will secure advances. Any cross-
collateralization provision contained in your credit or membership documents
will not apply to the Secured Account or your other share or deposit accounts
for this account.
However, with  regard  to  this  credit  card  account,  we  still  reserve  our  rights
regarding statutory liens and administrative freeze under federal or state law.
Any contract terms in your credit card, security, or membership agreements
that contradict the above shall be inapplicable.

3. Your  credit  card  account  is  not  subject  to  mandatory  arbitration  and
therefore  any  reference  to  mandatory  arbitration  in  connection  with  this
credit card account does not apply.

If you are in default, we have the right to demand immediate payment of your full account
balance without giving you notice. If immediate payment is demanded, you agree to continue
paying Interest Charges until what you owe has been paid, and any shares that were given
as  security  for  your  account  may  be  applied  toward  what  you  owe.  You agree  to  pay  all
reasonable  costs  of  collection,  including  court  costs  and  attorney's  fees,  and  any  cost
incurred in the recovery of the Card. Even if your unpaid balance is less than your credit limit,
you will have no credit available during any time that any aspect of your account is in default.
15. Suspension  of  electronic  services  and  access  to  share  or  deposit  accounts.
Subject  to  applicable  law, we  may  suspend  some  or  all  electronic  services  and  access  to
your checking or other account(s) if you become delinquent on any of your loan or deposit
obligations  to  us  or  you  cause  a  loss  to  us.  We shall  not  be  liable  to  you  in  any  regard  in
connection with such suspension of services.
16. Additional  Benefits/Card  Enhancements.  We may, from  time  to  time,  offer additional
services  to  your  Account  at  no  additional  cost  to  you.  You  understand  that  we  are  not
obligated to offer such services and may withdraw or change them at any time.
17.  Convenience  Checks.  We  may, at  our  discretion,  issue  checks  to  you  which  may  be
used  for  any  purpose  other  than  making  a  payment  for  credit  to  your  account.  By  signing
such check, you authorize us to pay the item for the amount indicated and post such amount
as a cash advance to your account. We do not have to pay any item which would cause the
outstanding balance in your account to exceed your credit limit.
18. Debt Protection. Voluntary Debt Protection coverage or similar products are not required
for  any  extension  of  credit  under  this Agreement.  However, if  you  choose  to  purchase  this
protection  from  us,  the  fees  will  be  added  to  your  account  balance  each  month  and  will
accrue Interest Charges. We will receive a portion of the fees that you pay as compensation
for offering this service to you. If you elect to purchase Debt Protection, we will provide the
required disclosures and program contract separately at the time of your election.
19.  Transaction  Slips.  Your  monthly  statement  will  identify  what  merchant,  electronic
terminal or financial institution at which transactions were made. Sales, cash advance, credit
or other slips cannot be returned with the statement.
20. Credit Information. We may, from time to time, request personal information from you or
obtain credit reports from the credit reporting agencies for the purpose of updating your credit
status.  Your  failure  to  provide  such  information  when  requested  by  us  may  result  in
suspension  of  credit  privileges  under  this  Agreement,  including  your  ability  to  obtain  any
future  advances  by  any  means.  You  authorize  us  to  investigate  your  credit  standing  when
opening or reviewing your account. You authorize us to disclose information regarding your
account to credit bureau and creditors who inquire about your credit standing.
21. Foreign Transactions; Currency Conversion. Purchases and cash advances made in
foreign currencies will be billed to you in U.S. dollars. Transactions processed outside of the
United States (which may include internet transactions) will be charged a foreign transaction
fee  in  an  amount  to  be  determined  by  us,  regardless  of  whether  there  is  a  currency
conversion  associated  with  the  transaction.  The  conversion  rate  in  dollars  will  be  a  rate
selected by the card company from a range of rates available in wholesale currency markets
for  the  applicable  central  processing  date,  which  rate  may  vary  from  the  rate  the  card
company itself receives, or the government- mandated rate in effect for the applicable central
processing date in each instance.
22. Termination; Change-in-Terms. We may, by written notice, terminate this Agreement at
any  time,  subject  to  applicable  law.  You may  terminate  this  Agreement  by  written  notice.
Termination by either party shall not affect your obligation to repay any payments made for
your account resulting from use of the Card as well as Interest Charges and fees incurred.
We may change the terms of this Agreement, including the method of calculating the periodic
rate,  at  any  time,  by  written  notice,  subject  to  applicable  law. To the  extent  permitted  by
applicable  law,  such  rate  changes  shall  apply  to  your  unpaid  balance  as  well  as  future
advances. Use of the Card constitutes agreement and acceptance of any change in terms,
unless applicable law requires otherwise.
23. Enforcement. We do not lose our rights under this or any related agreement if we delay
enforcing them. We can accept late payments, partial payments or any other payments, even
if marked, "paid in full" without losing any of our rights under this Agreement. If any provision
of  this  or  any  related  agreement  is  determined  to  be  unenforceable  or  invalid,  all  other
provisions remain in full force and effect.
24. Returns and Adjustments. Merchants and others who honor the Card may give credit
for returns or adjustments, and they will do so by submitting a credit slip which will be posted
to your account. If your credits and payments exceed what you owe us, the amount will be
applied against future purchases and cash advances. If the credit balance amount is more
than $5 but less than $500, and if that credit balance still remains on your account after 3
billing cycles, we will mail a refund to you at the most recent address we have on file for you.
25.  Refusal  to  Honor  Card.  We  are  not  liable  for  the  refusal  or  inability  of  merchants,
financial institutions (including us) and others to accept the Card, or electronic terminals to
honor the Card or complete a Card withdrawal, or for their retention of the Card.
26. 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
that  you  purchase  with  the  Card  unless:  (a)  your  purchase  was  made  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 merchant in your state or within 100 miles of your home; and
only if 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. We
do not warrant any merchandise or services purchased by you with the Card.

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YOUR BILLING RIGHTS - KEEP THIS NOTICE 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.
2.
3.

Your name and account number.
The dollar amount of the suspected error.
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.

2.

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.
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.

2.

3.

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.)
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.
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.

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