United Federal Credit Union
2807 S. State Street
St. Joseph, MI 49085
(888) 982-1400

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.  We reserve  the  right  to  periodically  review  your  credit  standing  and  to
increase  any  rate  on  your  new  balances,  in  accordance  with  applicable  law.  The  Credit  Card  you  have  received  is
indicated by the checkbox below.

INTEREST RATES and INTEREST CHARGES:

Annual Percentage Rate
(APR) for Purchases

0.00-2.99% Introductory APR for __6__ 
months of account opening.  After that, your 
Standard APR will be 
9.24-18.00%.  This APR will vary with 
the market based on the Prime Rate*.

12.24-18.00%.    This  APR 
will  vary  with  the  market  based  on the 
Prime Rate*.

APR for Balance Transfers**

0.00-2.99% Introductory APR for  __6__ months of 
account opening.  After that, your Standard APR will 
be 9.24-18.00%.  This APR will vary with the market 
based on the Prime Rate*.

12.24-18.00%.  This APR will vary 
with the market based on the Prime 
Rate*.

APR for Cash Advances

9.24-18.00%.  The APR will vary with 
the market based on the Prime Rate*.

12.24-18.00%.  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 purchase balance by the due date each month. For Cash 
Advances and Balance Transfers, we will begin charging interest on the transaction date.

Minimum Interest Charge

None

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:

- Over-the-Credit Limit:
- Returned Payment:

None
None

None
None
0% of each transaction in U.S. dollars if the transaction involves a currency conversion
 0% of each transaction in U.S. dollars if the transaction does not involve a currency conversion

If your payment is made 5 or more days after your statement cycle closes, up to  $28 for the 
first occurrence and up to $39 each if 2 or more occurrences occur within 6 months.
None
Up to $34 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.
Loss of Introductory Rate: We may end your Introductory Rate and apply the standard APR disclosed above if you make a
late payment.

9010 LASER VELOCITY FI18735 Rev 7-2017

COPYRIGHT 2009 Securian Financial Group, Inc. All rights reserved.

SEE NEXT PAGE for more important information about this account
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OTHER IMPORTANT DISCLOSURES:

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  a  building  located  or  to  be  located  in  a  special  flood  hazard  area  as  defined  by  applicable  flood
insurance laws; household goods; residential real property; or a dwelling.

*Variable  Rates:  The Annual Percentage Rate will be determined monthly by adding a margin to an Index value. For U First, the margin is 
between 4.49-13.25 percentage points. For U Rewards, the margin is between 7.49-13.25 percentage points. The Index value is the Prime 
Interest Rate published in the Wall Street Journal “money rates” table on the last business day of the month (or next business day if the last day 
falls on a weekend or holiday). A new rate will not apply to your account until the first day of your next billing cycle that begins after a change 
date. The Annual Percentage Rate will never be more than 18.00%. Any increase will take the form of more payments of the same amount.

Daily Periodic Rates: U First – Purchases Introductory Rate: 0.00000%-0.00819%; Purchases Rate: 0.02531%-0.04932%; Balance Transfers 
Introductory Rate: 0.00000%-0.00819%; Balance Transfers Rate: 0.02531%-0.04932%; Cash Advances: 0.02531%-0.04932%

Daily Periodic Rates: U Rewards – Purchases Rate: 0.03353-0.04932%; Balance Transfers Rate: 0.03353%-0.04932%; Cash Advances: 
0.03353%-0.04932%

**Balance Transfers. You may make transfers in any amount as long as the total amount of your balance transfer is less than your available 
credit limit. You should not transfer any disputed charge amounts because you may lose your dispute rights. You may not transfer balances 
from other cards or accounts issued by United Federal Credit Union.

eff 11/1/2019

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