Washington State Employees Credit Union
P.O. Box WSECU
Olympia, WA 98507
(800) 562-0999

VISA CREDIT CARD AGREEMENT AND
TRUTH IN LENDING DISCLOSURE

In this Agreement the words "you" and "your" mean each and all of those who apply for the card or who sign this Agreement and everyone who receives, signs or uses a card issued
under this account. "Card" means the VISA Credit Card and any duplicates and renewals we issue. "Account" means your VISA Credit Card Line of Credit account with us. "We", "us"
and "ours" means this Credit Union.

Responsibility
If  we  issue  you  a  card,  you  agree  to  repay  all  debts  and  the  Interest  Charge
arising  from  the  use  of  the  card  and  the  card  account.  For  example,  you  are
responsible for charges made by anyone else to whom you give the card, and
this  responsibility  continues  until  the  card  is  recovered.  You  cannot  disclaim
responsibility by notifying us, but we will close the account for new transactions
if you so request and return all cards. Your obligation to pay the account balance
continues even though an agreement, divorce decree or other court judgment in
which we are not a party may direct you or one of the other persons responsible
to pay the account. Any person using the card is jointly responsible with you for
charges he or she makes, but if that person signs the card he or she becomes a
party  to  this  Agreement  and  is  also  jointly  responsible  for  all  charges  on  the
account, including yours.

Authorized Signer: Anyone who uses your credit cards with your permission.
More specifically, someone who has a credit card from your account with their
name on it. An authorized user is not legally responsible for the debt and cannot
receive information regarding the account.

Joint Account: An account shared by two or more people. Each person on the
account  is  legally  responsible  for  the  debt  and  the  account  will  be  reported  to
each person's credit report.

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.  The  telephone  number  to  call  during
regular  credit  union  business  hours  is  (800)  562-0999  and  (866)  861-5416  on
weekends or after business hours. You agree to follow up your call with notice in
writing to us at: Washington State Employees Credit Union, P.O. Box WSECU,
Olympia,  WA  98507.  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 credit card and comply with such procedures
as we may require in connection with our investigation, including assisting in the
prosecution of any unauthorized user. You will be liable for any unauthorized use
only  if  we  can  prove  that  you  were  negligent  in  your  use  or  handling  of  your
Credit Card, or if we can prove that you used your Credit Card fraudulently.

Using the Card
You may use the card issued to you to make purchases in person, by mail, by
telephone,  or  by  internet  from  merchants  and  others  who  accept  VISA  credit
cards. In addition, you may obtain cash advances from the Credit Union, from
other  financial  institutions  participating  in  the  VISA  program  and  from  ATMs
(automated teller machines) that participate in the ATM VISA program. You will
need  to  use  your  PERSONAL  IDENTIFICATION  NUMBER  (PIN)  to  obtain  a
cash advance from an ATM.

Illegal Use and Internet Gambling
You agree that all transactions that you initiate by use of your VISA Credit 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. You may not use the card or account for any illegal
or unlawful purpose, and we may decline to authorize any transaction that we
believe may be illegal or unlawful. 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.

Credit Union Business Days
The  Credit  Union's  business  days  are  Monday  -  Friday,  excluding  holidays.
Business hours are Monday - Friday 7:00 a.m. - 7:00 p.m.

Credit Line
If we approve your application, we will establish a self-replenishing Line of Credit
for you and notify you of its amount when we issue the card. You agree not to let
the account balance exceed this approved Credit Line. Each payment you make
on the account will restore your Credit Line by the amount of the payment which
is applied to principal. You may request an increase in your Credit Line only by

written  application  to  us,  which  must  be  approved  by  our  credit  committee  or
loan officer. By giving you written notice our credit committee may reduce your
Credit  Line  from  time  to  time,  or  with  good  cause,  revoke  your  card  and
terminate this Agreement. Good cause includes your failure to comply with this
Agreement,  suspected 
reevaluation  of  your
fraud,  or  our  adverse 
creditworthiness.  You  may  also  terminate  this  Agreement  at  any  time,  but
termination  by  either  of  us  does  not  affect  your  obligation  to  pay  the  account
balance. The cards remain our property and you must recover and surrender to
us all cards upon our request and upon termination of this Agreement.

Monthly Payment
We will mail you a statement every month showing your previous balances of
purchases  and  cash  advances,  the  current  transactions  on  your  account,  the
remaining credit available under your credit line, the new balances of purchases
and cash advances, the total new balance, the Interest Charge due to date, and
the  minimum  payment  required.  Every  month  you  must  pay  at  least  the
minimum payment by the due date indicated on your statement. If late, we will
assess, and you will pay a late payment fee as disclosed to you on your Visa
Disclosures, or as amended. You may, of course, pay more frequently, pay more
than  the  minimum  payment,  or  pay  the  total  new  balance  in  full,  and  you  will
reduce  the  Interest  Charge  by  doing  so.  The  minimum  payment  will  be  the
greater of 2.5% of your New Balance rounded to the nearest dollar, or $25.00. If
your outstanding balance is $25.00 or less you agree to pay the balance in full,
plus any portion of the minimum payment(s) shown on prior statement(s) which
remains  unpaid.  In  addition,  at  any  time  your  total  new  balance  exceeds  your
credit  line,  you  must  immediately  pay  the  excess  upon  our  demand.  We  may
accept  checks  marked  "payment  in  full"  or  with  words  of  similar  effect  without
losing any of our rights to collect the full balance of your account with us.

Skip Payment
If  we  make  a  skip  payment  option  available,  you  may  skip  making  your
payment(s) for certain month(s). If you choose this option, interest will continue
to accrue, but no late payment charges will be imposed during the skip period.
All credit terms applicable immediately prior to the skip period will again apply
once the skip period has expired.

Credit Information
You authorized us to investigate your credit standing when opening, renewing or
reviewing your account, and you authorize us to disclose information regarding
your account to credit bureaus and other creditors who inquire of us about your
credit standing, to the extent authorized in our By-Laws.

Interest Charges
You  can  avoid  Interest  Charges  on  purchases  or  balance  transfers  by  paying
the  full  amount  of  the  New  Balance  of  Purchases  or  Balance  Transfers  each
month  on  or  before  your  payment  due  date.  Otherwise,  the  New  Balance  of
Purchases  or  Balance  Transfers,  and  subsequent  purchases  or  balance
transfers  from  the  date  they  are  posted  to  your  account,  will  be  subject  to  an
Interest Charge. Cash Advances - An Interest Charge will be imposed on cash
advances  from  the  date  each  cash  advance  is  made. There  is  no  time  period
within  which  to  pay  to  avoid  a  periodic  Interest  Charge  on  cash  advances.  In
addition  to  the  Interest  Charge  imposed  by  applying  the  periodic  rate,  a  cash
advance  fee  (Interest  Charge)  equal  to  the  lesser  of  2%  of  the  cash  advance
amount or $25.00 will be imposed on each cash advance. An Interest Charge is
calculated at the ANNUAL PERCENTAGE RATE disclosed to you on your Visa
Disclosures or as amended on the average daily principal balance of purchases,
cash advances or balance transfers you make and debit adjustments the credit
union  makes  during  the  statement  period.  The  daily  principal  balances  are
totaled, and divided by the number of days in the statement period to produce
separate  average  daily  principal  balances  for  purchases,  cash  advances,  and
balance transfers to which the periodic rate is then applied.

Other Charges
Your account will be subject to other charges as disclosed to you on your Visa
Disclosures or as amended. These charges may be changed by us from time to
time in accordance with applicable law.

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COPYRIGHT 2005 Securian Financial Group, Inc. All rights reserved.

In this Agreement the words "you" and "your" mean each and all of those who apply for the card or who sign this Agreement and everyone who receives, signs or uses a card issued
under this account. "Card" means the VISA Credit Card and any duplicates and renewals we issue. "Account" means your VISA Credit Card Line of Credit account with us. "We", "us"
and "ours" means this Credit Union.

Default

Effect of Agreement

This Agreement is the contract which applies to all transactions on your account
even though the sales, cash advance, credit or other slips you sign or receive
may  contain  different  terms.  Subject  to  applicable  law,  we  may  amend  this
Agreement from time to time by sending you the advance written notice required
by  law.  Your  use  of  the  card  thereafter  will  indicate  your  agreement  to  the
amendments.  To  the  extent  the  law  permits,  and  we  indicate  in  our  notice,
amendments  will  apply  to  your  existing  account  balance  as  well  as  to  future
transactions.

No Waiver

The  Credit  Union  can  delay  enforcing  any  of  its  rights  any  number  of  times
without losing the ability to exercise those rights in the future.

Statements and Notices

Statements  and  notices  will  be  mailed  to  you  at  the  most  recent  address  you
have given the Credit Union. Notices sent to any one of you will be considered
notice to all.

Final Expression

This Agreement is the final expression of the terms and conditions of this VISA
line of credit between you and the Credit Union. This written Agreement may not
be contradicted by evidence of any alleged oral agreement.

Record Keeping

You hereby agree that the credit union may keep the portion of the Agreement
which  bears  your  signature  so  we  can  comply  with  federal  and/or  state  law
relating to loan documents the credit union is required to keep in its file.

Non-Transferability

I  agree  that  my  account(s)  are  not  assignable  or  transferable  except  to  the
Credit Union unless specifically authorized in writing by you.

No Liability for Dishonor

The  Credit  Union  will  not  have  any  responsibility  or  liability  to  me  or  others
relating to the dishonor or other return of any check, draft, ACH transaction or
other  order  occurring  as  a  result  of  you  exercising  your  lien  rights  or  freezing
any accounts in order to protect or preserve such rights.

Negative Information Notice

We  may  report  information  about  your  account  to  credit  bureaus.  Late
payments,  missed  payments,  or  other  defaults  on  your  account  may  be
reflected in your credit report.

Our Communications With You

You agree that we (and our affiliates, agents, and contractors) may monitor or
record any calls between you and us. If we need to contact you to service your
account or to collect amounts you owe to us, you authorize us (and our affiliates,
agents, and contractors) to contact you at any number (i) you have provided to
us (ii) from which you called us, or (iii) which we obtained and believe we can
reach you at. We may contact you in any way, such as calling, texting, or email.
We  may  contact  you  using  an  automated  dialer  or  using  pre-  recorded
messages. We may contact you on a mobile, wireless, or similar device, even if
you are charged for it by your provider.

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.

You may be in default if you fail to make any Minimum Payment on or before your
payment due date. You will also be in default if your ability to repay the credit union
is  materially  reduced  by  a  change  in  your  employment,  an  increase  in  your
obligations,  bankruptcy  or  insolvency  proceedings  involving  you,  your  death,  or
your failure to abide by this Agreement, or if the value of the credit union's security
interest materially declines. The Credit Union has the right to demand immediate
payment  of  your  full  account  balance  if  you  default,  subject  to  the  credit  union
giving you any notice required by law. To the extent permitted by law, you will also
be  required  to  pay  the  Credit  Union's  collection  expenses,  including  court  costs
and reasonable attorney's fees.

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.

Returns, Adjustments, and Overpayment

Merchants  and  others  who  honor  the  credit  card  may  give  credit  for  returns  or
adjustments, and they will do so by submitting a credit voucher which will post to
your account.  If your credit voucher and/or payments exceed what you owe us,
we  will  post  the  credit  balance  to  your  credit  card.  If  the  credit  stays  on  your
account for 60 days or more the funds will be transferred to your share account.
WSECU will not accept overpayment to inflate the credit limit.

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.

Plan Merchant Disputes

We are not responsible for the refusal of any plan merchant or financial institution
to honor your card. We are subject to claims and defenses other than tort claims
arising out of goods or services you purchase with the card only if you have made
a  good  faith  attempt,  but  have  been  unable  to  obtain  satisfaction  from  the  plan
merchant, and: (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.
Any other disputes you must resolve directly with the plan merchant.

Security Interest

To secure your account, you grant us a purchase money security interest under
the Uniform Commercial Code in any goods you purchase through the account. If
you default, we will have the right to recover any of those goods which have not
been paid for through our application of your payment in the manner described in
the  Monthly  Payment  section  on  page  1  of  this  document.  With  respect  to  this
account  only,  we  will  not  assert  any  statutory  right  we  may  have  if  you  are  in
default  to  prevent  withdrawal  of  your  unpledged  Credit  Union  shares  (deposits)
below the unpaid balance of your account.

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.
If you are covered borrower at the time of application (as defined in the Military
Lending  Act,  10  U.S.C.  987  and  implementing  regulations),  this  section  will
only apply once you are no longer considered a covered borrower.

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COPYRIGHT 2005 Securian Financial Group, Inc. All rights reserved.

IMPORTANT DISCLOSURES FOR ACTIVE MEMBERS OF THE MILITARY AND THEIR DEPENDENTS:

The following applies if at the time this loan is made you are an active member of the military or a dependent (as those terms are defined in the Military
Lending Act (MLA), 10 U.S.C. 987 and its implementing regulations (“MLA”)), and (a) your loan is unsecured or secured by personal property or a vehicle
that you did not purchase with the proceeds of the loan; or (b) it is otherwise determined by law that the MLA applies to your loan. If this loan is a revolving
line of credit or credit card, the MLA ceases to apply at any time during which you are not a member of the military or a dependent (as defined in the MLA).
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  charged  (other  than  certain  application  fees  for
specified credit transactions or accounts); and any participation fee charged (other than certain participation fees for a credit card account). To receive
this notice verbally, please call 1-800-562-0999 extension 66136 during our normal business hours: Monday – Friday 7 am – 7 pm and Saturday 9 am –
2 pm PST.

2.

3.

4.

This loan will not be secured by a consensual lien on shares or deposits in any of your accounts unless you agree to establish an account in connection
with this loan (“Secured Account”). Only funds deposited into the Secured Account after the loan is made will secure this loan. Any cross-collateralization
provision contained in your loan or account documents will not apply to the Secured Account or your other share or deposit accounts for any loan subject
to the Military Lending Act.
However, we reserve our statutory lien rights and rights to set-off or administrative freeze under federal or state law, which gives us the right to apply the
sums in the Secured Account or any other account(s) you have with us to satisfy your obligations under this loan.

Any reference in this consumer credit contract to the following are hereby inapplicable to your loan: (a) Mandatory arbitration; (b) Any requirement(s) to
waive your rights to legal recourse under any applicable state or federal law; (c) Any demands or requirements construed as unreasonable notice from
you in order to exercise your legal rights; or (d) Prepayment penalties.

Any provisions in your consumer credit contract, loan, security, or account agreements that are determined to be inconsistent with or contradictory to
these disclosures or the MLA (as they may be changed or amended from time to time) are inapplicable with regard to this loan. However, all other terms
and conditions of the consumer credit contract shall remain in full force and effect.

YOUR BILLING RIGHTS: KEEP THIS DOCUMENT 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.

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.

2.

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.

-

-

-

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.)
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.

3.
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.

2.

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.

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COPYRIGHT 2005 Securian Financial Group, Inc. All rights reserved.