CREDIT CARD AGREEMENT AND 
TRUTH-IN-LENDING DISCLOSURE STATEMENT 

BORROWER 1 NAME 

BORROWER 2 NAME 

ACCOUNT NUMBER 

DATE 

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 those designated by you under the terms of this Agreement. “We”, “us”, “our” and the “Credit Union” 
means Blackhawk Community Credit Union or its successors. By using your card, you agree to all of the terms and conditions 
set forth herein. 

The following disclosure represents important details concerning your credit card. 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 Purchases, Cash Advances, 
& Balance Transfers 

9.75 % 

This APR will vary with the market based on the 3-month average of the 91-day 
Treasury Bill Auction Rate*. 

Penalty APR and When it Applies  None 

Paying Interest 

Your due date is at least 21 days after we mail your billing statement. We will not 
charge you interest on purchases or balance transfers if you pay your entire new 
purchase or balance transfer balance by the due date each month. 
For Cash Advances, we will begin charging interest on the date the cash advance is 
posted to your account. 

Minimum Interest Charge 

If you are charged interest, the charge will be no less than $0.50. 

For Credit Card Tips from 
the Consumer Financial 
Protection Bureau 

To learn more about factors to consider when applying for or using a credit 
card, visit the website of the Consumer Financial Protection Bureau at 
http://www.consumerfinance.gov/learnmore 

FEES: 

Fees to Open or Maintain 
your Account 

• Annual Fee: 
• Application Fee: 

Transaction Fees 

• Balance Transfer: 
• Cash Advance: 
• Foreign Transaction: 

Penalty Fees 

• Late Payment: 

• Returned Payment: 

None 
None 

None 
None 
A 1% International Transaction Fee will be assessed on all transactions where 
the merchant country differs from the United States. 

Up to $10.00 if your minimum payment is not received by the end of the billing 
cycle as shown on your periodic statement. 
Up to $10.00 if your payment is returned 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. 

Billing Rights: Information on your rights to dispute transactions and how to exercise those rights is provided in your account 
agreement. 

9011/9010 LASER IMM FI14844 Rev 7-2017 

SEE NEXT PAGE for more important information about this account 
page 1 of 4 

COPYRIGHT 2009 Securian Financial Group, Inc. All rights reserved. 

 
 
 
 
 
 
 
 
 
 
 
OTHER IMPORTANT DISCLOSURES: 

Other Fees: In addition to the fees disclosed above, the following fees may be imposed: 

Statement Copy Fee: $1.00 
Lost Card/Replacement Fee: $10.00 
PIN Replacement Fee: $3.00 
Receipt Copy Fee: $17.00 

THE GRANTING OF THIS SECURITY INTEREST IS A CONDITION FOR 
THE ISSUANCE OF CREDIT UNDER THIS AGREEMENT. 

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. 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  will  also 
secure your obligations under this Agreement, unless that other collateral is 
your principal residence or non-purchase money household goods. 

Using  Your Card.  You can  purchase  or  lease  goods  and  services  from  any 
merchant  who  honors  your  Card,  and  you  may  obtain  cash  advances  from 
financial  institutions  and  ATM  machines  that  accept  the  Card,  up  to  your 
maximum  credit 
limit.  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.  For  your  added  convenience,  you  are  able  to  extend 
your credit limit to 5% over your approved credit limit. 

Identification  Number  (PIN).  We  may 

Personal 
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. 

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  you 
authorize to use the Card; (b) all Interest Charges and all other charges or fees; 
and (c) credit in excess of your credit limit that we may  extend  to you. If  the 
Wisconsin Consumer Act does not apply to your Card, you also promise to pay 
collection costs and attorney’s fees as permitted by applicable law. 

Minimum Payment Requirement: 3% of the outstanding balance, subject to 
a minimum of $10.00. 

Illegal Transactions. You agree that your Card and account will not be used to 
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 applicable law, 
including but not limited to any transaction involving or relating to any gambling 
activity. You agree  that we will  have no  liability or responsibility for  any such 
use by you or any authorized user(s); or for declining any such transaction. You 
further  agree  to  indemnify  and  hold  us  harmless  from  any  suits,  liability, 
damages  or  adverse  action  of any kind that results  directly  or  indirectly from 
such illegal use. You promise to pay us any and all amounts owing on your Card 
for any transactions made by you, even  if the transaction is determined to be 
illegal. 

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. 

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. 

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.  Average  Daily  Balance  including  new 
transactions:  Interest  Charges  will  accrue  on  your  average  daily  balance 
outstanding during  the month. To get the average  daily  balance, we take  the 
beginning balance each day, add any new purchases, cash advances, balance 
transfers  or  other  advances,  and  subtract  any  payments,  unpaid  interest 
charges, and  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  periodic  rate 
corresponding  to  the  Annual  Percentage  Rate  on  your  account.  If  you  have 
different  rates  for  purchases,  cash  advances  or  balance  transfers,  separate 
average daily balances for each will be calculated and the appropriate periodic 
rate is then applied to each. 

*Variable Rates: The Annual Percentage Rate may increase or decrease if the 
highest rate of interest identified as the 3-month average of the 91-day Treasury 
Bill  Auction  Rate  in  the  'Money  Rates'  column  of  the  Wall  Street  Journal 
increases or decreases. The  Annual Percentage Rate will be  equal to the 3-
month  average  of  the  91-day  Treasury  Bill  Auction  Rate  plus  a  margin  of: 
8.00%. The interest rate can change quarterly on the first day of January, April, 
July, and October following a change  in the  3-month average of the 91-  day 
Treasury Bill  Auction Rate. The Annual  Percentage Rate will never be more 
than the maximum rate allowed  by applicable  law.  Any increase will take the 
form of more payments of the same amount. 

Daily  Periodic  Rates:  Purchases,  Cash  Advances,  and  Balance  Transfers: 
0.026712 

% 

Grace  Period  on  Purchases  or  Balance  Transfers:  You  can  avoid  Interest 
Charges on purchases and balance transfers by paying the full amount of the 
new  balance  for  purchases  or  balance  transfers  each  month  by  the  date  on 
which  the payment is due. Otherwise,  the new  balance of your account,  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; even  if you pay the  entire cash  advance balance  by the payment 
due date, you will incur the Interest Charges accrued from the date  the cash 
advance is posted to your account. 

Fees. In addition to the Interest Charges set forth above, you agree to also pay 
any and all fees that you incur as disclosed to you during the term of your Card, 
including: 

Foreign  Transaction  Fee:  A  1%  International  Transaction  Fee  will  be 
assessed  on  all transactions where the merchant country differs from the 
United States; 

Late Payment Fee: Up to $10.00 if your minimum payment is not received 
by the end of the billing cycle as shown on your periodic statement; 

Returned Payment Fee: Up to $10.00 if your payment is returned for any 
reason. 

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. 

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 

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. The telephone 
number to call is (608) 755-6065 or (800) 779-5555 or after hours 

page 2 of 4 

 
 
 
 
 
 
call (800) 449-7728. You agree to follow up your call with notice in writing to us 
at: P.O. Box 5366, 2640 W. Court Street, Janesville, Wisconsin 53547- 5366. 
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 be liable for any unauthorized use only if we can 
prove that you were grossly negligent in your use or handling of your Card, or 
if we can 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 payment is 
received  by  us  on  a  business  day  at  the  address  designated  on  the  billing 
statement, it will be credited to your account on the date of receipt. If payment 
is  made  at  any  location  other  than  the  address  designated  on  the  periodic 
statement,  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. 

Default; Acceleration; Credit Suspension; Collection Costs. You will be in 
default if: (1) you fail to make any payment on time; (2) if you fail to keep any 
promises you have made under this Agreement or under other Agreements you 
have with us; (3) if you or your spouse die; (4) 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; (5) 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;  (6)  if  you  make  any  false,  inaccurate,  or  misleading 
statements in any credit application or credit update; or (7) if we, in good faith, 
believe that you or your spouse’s ability to repay what you owe is or soon will 
be impaired, or that you are unwilling to make your payments. 

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 and fees until what 
you owe has been  paid, and any shares that were  given as security for your 
account may be applied towards what you owe. 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. If the Wisconsin Consumer Act does 
not  apply  to  your  Card,  you  agree  to  pay  all  reasonable  costs  of  collection, 
including court costs and attorney’s fees, subject to applicable law. 

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 credit card 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. 

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. 

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. 

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. 

Foreign  Transactions;  Currency  Conversion.  Purchases  and  cash 
advances made in foreign currencies will be billed to you in U.S. dollars. 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. All transactions processed outside of 
the United States (which may include internet transactions) will be charged a 
foreign  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  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 balance on 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. Use  of the Card constitutes 
agreement  and  acceptance  of  any  change  in  terms,  unless  applicable  law 
requires otherwise. Our failure to exercise any of our rights or to take any action 
shall not constitute a waiver of those rights, or an amendment or change in any 
of the terms of this Agreement. 

Late  or  Partial  Payments.  Any  payment  that  delays  the  reduction  of  your 
balance will increase your total interest costs. 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. We may accept late payments,  partial  payments, checks or 
money orders marked "payment in full" and such action shall not constitute final 
settlement  of your  account  or  a waiver or forgiveness of  any amounts owing 
under this Agreement. 

Enforcement. We do not lose our rights under this or any related agreement if 
we delay enforcing them.  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. 

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 $1 or more, it will be refunded upon 
your written or verbal request. 

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. 

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) you have given us. Notice sent to any 
one of you will be considered notice to all. 

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. 

Copy  Received.  You  acknowledge  that  you  have  received  a  copy  of  this 
Agreement. 

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 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. 

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. 

page 3 of 4 

 
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 800.779.5555 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. 

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. 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. 

page 4 of 4