THE GRANTING OF THIS SECURITY INTEREST IS A CONDITION FOR
THE ISSUANCE OF CREDIT UNDER THIS AGREEMENT.
YOU SPECIFICALLY GRANT US A CONSENSUAL SECURITYINTEREST IN ALL INDIVIDUAL AND JOINT ACCOUNTS YOU HAVEWITH US NOW AND IN THE FUTURE TO SECURE REPAYMENT OFCREDIT EXTENDED UNDER THIS AGREEMENT. YOU ALSO AGREETHAT WE HAVE SIMILAR STATUTORY LIEN RIGHTS UNDER STATEAND/OR FEDERAL LAW. IF YOU ARE IN DEFAULT, WE CAN APPLYYOUR SHARES TO THE AMOUNT YOU OWE.Shares and deposits in an Individual Retirement Account or any otheraccount that would lose special tax treatment under state or federal law ifgiven are not subject to this security interest.If you have other loans with us, collateral securing such loans will alsosecure your obligations under this Agreement, unless that other collateralis your principal residence or non-purchase money household goods.CREDIT CARD AGREEMENT
owing on your Card for any transactions made by you, even if the transactionis determined to be illegal.Joint Accounts. Each of you will be responsible, jointly and severally, for therepayment of amounts owed, regardless of who initiated any transactionunder the account.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 payfor all purchases and advances made by anyone you authorize to use youraccount, whether or not you notify us that he or she will be using it. Ifsomeone else is authorized to use your account and you want to end thatperson'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.Ownership of Card. Your Card remains our property and may be cancelledby us at any time without notice. You agree to surrender your Card and todiscontinue use of the account immediately upon our request.Interest Charges. You agree to pay interest at the rate(s) disclosed to you atthe time you open your account and as may be changed from time to time inaccordance with applicable law. Average Daily Balance including newtransactions: Interest Charges will accrue on your average daily balanceoutstanding during the month. To get the average daily balance, we take thebeginning balance each day, add any new purchases, cash advances,balance transfers or other advances, and subtract any payments, unpaidinterest charges, and unpaid fees. This gives us the daily balance. Then, weadd up all the daily balances for the billing cycle and divide that by thenumber of days in the billing cycle. We then multiply that by the periodic ratecorresponding to the Annual Percentage Rate on your account. If you havedifferent rates for purchases, cash advances or balance transfers, separateaverage daily balances for each will be calculated and the appropriateperiodic rate is then applied to each.Grace Period on Purchases, Balance Transfers, and Convenience ChecksOnly: You can avoid Interest Charges on purchases, balance transfers, andconvenience checks by paying the full amount of the new balance each monthby the date on which the payment is due. Otherwise, the new balance of youraccount, and subsequent advances from the date they are posted to theaccount, will be subject to an Interest Charge. You cannot avoid InterestCharges on cash advances; even if you pay the entire cash advance balanceby the payment due date, you will incur the Interest Charges accrued from thedate the cash advance is posted to your account.Fees. In addition to the Interest Charges set forth above, you agree to alsopay any and all fees that you incur as disclosed to you on your Truth-in-Lending Statement or similar disclosures (as may be amended from time totime), or as disclosed to you during the term of your Card.If Your Card is Lost or Stolen or if an Unauthorized Use Occurs. Youagree to notify us immediately if your Card is ever lost or stolen or if anunauthorized use may have occurred. "Unauthorized use" means the use ofthe Card by someone other than you who does not have actual, implied orapparent authority for such use, and from which you receive no benefit. Thetelephone number to call is 1-800-621-2105.You agree to follow up your call with notice in writing to us at: MemberServices, P.O. Box 10409, Des Moines, IA 50306-0409. You also agree toassist us in determining the facts, circumstances and other pertinentinformation relating to any loss, theft or possible unauthorized use of yourCard and comply with such procedures as we may require in connection withour investigation. You will be liable for any unauthorized use only if we canprove that you were negligent in your use or handling of your Card, or if wecan prove that you used your Card fraudulently.Minimum Payment Due; Crediting of Payments. Payments are due in the amount and on the date disclosed on your billing statement. If your paymentis received by us on a business day at the address and by the timedesignated on the billing statement, it will be credited to your account on thedate of receipt. If payment is made at any location other than the addressdesignated on the periodic statement, credit for such payment may bedelayed up to five (5) days. Payments will be applied in any order wedetermine, subject to applicable law.IN THIS AGREEMENT, "YOU" AND "YOUR" MEAN ANY PERSON WHO ACCEPTS THIS AGREEMENT OR USES THE CARD. THE "CARD" MEANS ANY CREDIT CARD ISSUED TO YOU OR THOSEDESIGNATED BY YOU UNDER THE TERMS OF THIS AGREEMENT. "WE", "US", "OUR" AND THE "CREDIT UNION" MEANS ELEMENTS FINANCIAL FEDERAL CREDIT UNION OR ITS SUCCESSORS. BYUSING YOUR CARD, YOU AGREE TO ALL OF THE TERMS AND CONDITIONS SET FORTH HEREIN.
page 1 of 3Using Your Card. You can purchase or lease goods and services from anymerchant who honors your Card, and you may obtain cash advances fromfinancial institutions and ATM machines that accept the Card, up to yourmaximum credit limit. You agree not to present your Card or obtain a cashadvance for any extension of credit in excess of your available credit limit;however, if you do exceed your credit limit, you agree to make immediatepayment sufficient to bring the balance below the credit limit. Certainpurchases and cash advances require authorization prior to completion of thetransaction. In some cases, you may be asked to provide identification. If oursystem is not working, we may not be able to authorize a transaction, eventhough you have sufficient credit available. Also, for security reasons, we mayblock the use of your Card in certain countries or geographic areas. We willhave no liability to you or others if any of these events occur.Credit Availability. Your Total Credit Line (i.e., credit limit) is disclosed to youwhen you receive your card and, generally, on each monthly statement. TheTotal Credit Line is the amount of credit available for the account.We may change your credit limits from time to time. We base that decision ona variety of factors such as your payment and transaction history with us, andinformation that we receive from third parties, including credit reportingagencies. The amounts shown on your monthly statement as available creditdo not take into account any Purchases, Balance Transfers, Cash Advances,interest charges, fees, any other transactions or credits which post to youraccount after the Closing Date of that monthly statement.Personal Identification Number (PIN). We may issue a PersonalIdentification Number (PIN) for use with your Card. This PIN is confidentialand should not be disclosed to anyone. You may use your PIN and your Cardto access your account, and all sums advanced will be added to your accountbalance. In the event a use of your PIN constitutes an Electronic FundsTransfer, the terms and conditions of your Electronic Funds TransferAgreement may affect your rights.Promise To Pay. You promise to pay us in U.S. dollars for (a) all purchases,cash advances, and balance transfers made by you or anyone whom youauthorize to use the Card; (b) all Interest Charges and all other charges orfees; (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 ofyour credit limit that we may extend to you.Illegal Transactions. You agree that your Card and account will not be usedto make or facilitate any illegal transactions as determined by applicable law;and that any such use will constitute an event of default under this Agreement.We may decline any transaction that we believe to be illegal under applicablelaw, including but not limited to any transaction involving or relating to anygambling activity. You agree that we will have no liability or responsibility forany such use by you or any authorized user(s); or for declining any suchtransaction. You further agree to indemnify and hold us harmless from anysuits, liability, damages or adverse action of any kind that results directly orindirectly from such illegal use. You promise to pay us any and all amounts	 9011 LASER FI15840 Rev 1-2018 COPYRIGHT 2009 Securian Financial Group, Inc. All rights reserved.
Elements Financial Federal Credit UnionP.O. Box 7123Indianapolis, IN 46207-7123(800) 621-2105 IN THIS AGREEMENT, "YOU" AND "YOUR" MEAN ANY PERSON WHO ACCEPTS THIS AGREEMENT OR USES THE CARD. THE "CARD" MEANS ANY CREDIT CARD ISSUED TO YOU OR THOSEDESIGNATED BY YOU UNDER THE TERMS OF THIS AGREEMENT. "WE", "US", "OUR" AND THE "CREDIT UNION" MEANS ELEMENTS FINANCIAL FEDERAL CREDIT UNION OR ITS SUCCESSORS. BYUSING YOUR CARD, YOU AGREE TO ALL OF THE TERMS AND CONDITIONS SET FORTH HEREIN.
Default; Acceleration; Credit Suspension; Collection Costs. You will be indefault if: (1) you fail to make any payment on time; (2) if you fail to keep anypromises you have made under this Agreement or under other Agreementsyou have with us; (3) if you die; (4) if you file a petition in bankruptcy or have abankruptcy petition filed against you, or if you become involved in anyinsolvency, receivership or custodial proceeding; (5) if anyone attempts totake any of your funds held by us via legal process or if you have a judgmentor tax lien filed against you; (6) if you make any false, inaccurate, ormisleading statements in any credit application or credit update; or (7) if we, ingood faith, believe that your ability to repay what you owe is or soon will beimpaired, or that you are unwilling to make your payments.If you are in default, we have the right to demand immediate payment of yourfull account balance without giving you notice. If immediate payment isdemanded, you agree to continue paying interest charges and fees until whatyou owe has been paid, and any shares that were given as security for youraccount may be applied towards what you owe.You agree to pay all reasonable costs of collection, including court costs andattorney's fees, and any costs incurred in the recovery of the Card, subject toapplicable law. Even if your unpaid balance is less than your credit limit, youwill have no credit available during any time that any aspect of your account isin default.Suspension of electronic services and access to share or depositaccounts. Subject to applicable law, we may suspend some or all electronicservices and access to your checking or other account(s) if you becomedelinquent on any of your credit card or deposit obligations to us or you causea loss to us. We shall not be liable to you in any regard in connection withsuch suspension of services.Additional Benefits/Card Enhancements. We may from time to time offeradditional services to your Account at no additional cost to you. Youunderstand that we are not obligated to offer such services and may withdrawor change them at any time.Convenience Checks. We may, at our discretion, issue checks to you whichmay be used for any purpose other than making a payment for credit to youraccount. By signing such check, you authorize us to pay the item for theamount indicated and post such amount as a purchase to your account. Wedo not have to pay any item which would cause the outstanding balance inyour account to exceed your credit limit.Credit Information. We may from time to time request personal informationfrom you or obtain credit reports from the credit reporting agencies for thepurpose of updating your credit status. Your failure to provide such informationwhen requested by us may result in suspension of credit privileges under thisAgreement, including your ability to obtain any future advances by anymeans. You authorize us to investigate your credit standing when opening orreviewing your account. You authorize us to disclose information regardingyour account to credit bureau and creditors who inquire about your creditstanding.International Transactions; Currency Conversion. Purchases and cashadvances made in foreign currencies will be billed to you in U.S. dollars. Theconversion rate in dollars will be a rate selected by the card company from arange of rates available in wholesale currency markets for the applicablecentral processing date, which rate may vary from the rate the card companyitself receives, or the government-mandated rate in effect for the applicablecentral processing date in each instance. All transactions processed outsideof the United States (which may include internet transactions) will be chargedan international transaction fee in the amount disclosed on your Truth-in-Lending Statement (as amended from time to time).Termination; Change-in-Terms. We may, by written notice, terminate thisAgreement at any time, subject to applicable law. You may terminate thisAgreement by written notice. Termination by either party shall not affect yourobligation to repay any balance on your account resulting from use of theCard as well as Interest Charges and fees incurred. We may change theterms of this Agreement, including the method of calculating the periodic rate,at any time, by written notice, subject to applicable law. Use of the Cardconstitutes agreement and acceptance of any change in terms, unlessapplicable law requires otherwise. Our failure to exercise any of our rights orto take any action shall not constitute a waiver of those rights, or anamendment or change in any of the terms of this Agreement.Late or Partial Payments. Any payment that delays the reduction of yourbalance will increase your total interest costs. Partial payments orprepayments will not delay your next scheduled payment - you will still needto make the minimum scheduled payment by the next scheduled due date tokeep your account current. We may accept late payments, partial payments,checks or money orders marked "payment in full" and such action shall notconstitute final settlement of your account or a waiver or forgiveness of anyamounts owing under this Agreement.Enforcement. We do not lose our rights under this or any related agreementif we delay enforcing them. If any provision of this or any related agreement isdetermined to be unenforceable or invalid, all other provisions remain in fullforce and effect.Returns and Adjustments. Merchants and others who honor the Card maygive credit for returns or adjustments, and they will do so by submitting acredit slip which will be posted to your account. If your credits and paymentsexceed what you owe us, the amount will be applied against future purchasesand cash advances. If the credit balance amount is $1 or more, it will berefunded upon your written or verbal request.Plan Merchant Disputes. We are not responsible for the refusal of any planmerchant or financial institution to honor your Card. Also, we are notresponsible for goods or services that you purchase with the Card unless: (a)your purchase was made in response to an advertisement we sent orparticipated in sending you; or (b) your purchase cost more than $50 and wasmade 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 toobtain satisfaction from the plan merchant. You must resolve all otherdisputes directly with the plan merchant. We do not warrant any merchandiseor services purchased by you with the Card.Statements and Notices. Statements and notices will be mailed to you at themost recent postal address or e-mail address (if you have elected to receivesuch documents via electronic means) you have given us. Notice sent to anyone of you will be considered notice to all.Notification of Address Change. You will notify us promptly if you changeyour address for any reason. In order to prevent identity theft, your identitymay need to be verified before we act upon the notification.Copy Received. You acknowledge that you have received a copy of thisAgreement.Governing Law. This Agreement shall be construed under federal law andstate law in the state in which we are primarily located, and the venue shall belocated in the county and state in which we are primarily located. Operatingregulations of Visa may also apply. This Agreement is the contract that appliesto all transactions even though the sales, cash advance, convenience check,credit or other slips you sign or receive may contain different terms.NOTICE TO UTAH BORROWERS: This written agreement is a finalexpression of the agreement between you and the Credit Union. This writtenagreement may not be contradicted by evidence of any oral agreement.
page 2 of 3 YOUR BILLING RIGHTS - KEEP THIS NOTICE FOR FUTURE USE
page 3 of 31.2.3.This notice tells you about your rights and our responsibilities under theFair Credit Billing Act.What To Do If You Find A Mistake On Your StatementIf 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:
Within 60 days after the error appeared on your statement.At least 3 business days before an automated payment is scheduled, ifyou want to stop payment on the amount you think is wrong.��You must contact us:You must notify us of any potential errors in writing. You may call us, but if youdo, we are not required to investigate any potential errors and you may haveto pay the amount in question.What Will Happen After We Receive Your LetterWhen we receive your letter, we must do two things:Within 30 days of receiving your letter, we must tell you that we receivedyour 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 orexplain to you why we believe the bill is correct.1.2.����We cannot try to collect the amount in question, or report you asdelinquent on that amount.The charge in question may remain on your statement, and we maycontinue to charge you interest on that amount.While you do not have to pay the amount in question, you are responsiblefor the remainder of your balance.We can apply any unpaid amount against your credit limit. If all of the criteria above are met and you are still dissatisfied with thepurchase, contact us in writing at the address(es) listed on your statement.While we investigate, the same rules apply to the disputed amount asdiscussed above. After we finish our investigation, we will tell you ourdecision. At that point, if we think you owe an amount and you do not pay, wemay report you as delinquent.If you receive our explanation but still believe your bill is wrong, you must writeto us within 10 days telling us that you still refuse to pay. If you do so, wecannot report you as delinquent without also reporting that you arequestioning your bill. We must tell you the name of anyone to whom wereported you as delinquent, and we must let those organizations know whenthe matter has been settled between us.If we do not follow all of the rules above, you do not have to pay the first $50of the amount you question even if your bill is correct.Your Rights If You Are Dissatisfied With Your Credit Card PurchasesIf you are dissatisfied with the goods or services that you have purchased withyour credit card, and you have tried in good faith to correct the problem withthe merchant, you may have the right not to pay the remaining amount due onthe purchase.To use this right, all of the following must be true:If we made a mistake: You will not have to pay the amount in question orany interest or other fees related to that amount.If we do not believe there was a mistake: You will have to pay the amountin question, along with applicable interest and fees. We will send you astatement of the amount you owe and the date payment is due. We maythen report you as delinquent if you do not pay the amount we think youowe.��After we finish our investigation, one of two things will happen:
The purchase must have been made in your home state or within 100miles of your current mailing address, and the purchase price must havebeen more than $50. (Note: Neither of these are necessary if yourpurchase was based on an advertisement we mailed to you, or if we ownthe company that sold you the goods or services.)You must have used your credit card for the purchase. Purchases madewith cash advances from an ATM or with a check that accesses yourcredit card account do not qualify.You must not yet have fully paid for the purchase.1.2.3.While we investigate whether or not there has been an error: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 iswrong and why you believe it is a mistake.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 militaryor a dependent (as defined in the Military Lending Act, 10 U.S.C. 987 and implementing regulations). The following terms and conditionsamend 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:NOTICE: Federal law provides important protections to members of the Armed Forces and their dependents relating to extensions ofconsumer credit. In general, the cost of consumer credit to a member of the Armed Forces and his or her dependent may not exceed anannual percentage rate of 36 percent. This rate must include, as applicable to the credit transaction or account: the costs associatedwith credit insurance premiums or debt protection fees; fees for ancillary products sold in connection with the credit transaction; anyapplication fee or participation fee unless they are bona fide and reasonable under the MLA. To receive this notice verbally, please calltoll-free 1-855-293-7472 24 hours a day, 7 days a week.1.
2.Advances will not be secured by a consensual lien on shares or deposits in any of your share or deposit accounts unless youspecifically agree to establish a secured share or deposit account in connection with this credit card account (�Secured Account�). Onlyfunds deposited into the Secured Account after the credit card is established will secure advances. Any cross- collateralization provisioncontained in your credit or membership documents will not apply to the Secured Account or your other share or deposit accounts for thisaccount.However, with regard to this credit card account, we still reserve our rights regarding statutory liens and administrative freeze underfederal 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 withthis credit card account does not apply.