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e. Personal Identification Number. We will issue you a Personal Identification

Number (“PIN”) for use with your Card at automatic teller machines (“ATMs”). These num-
bers are issued to you for your security purposes. These numbers are confidential and
should not be disclosed to third parties. You are responsible for safekeeping your PIN. 
You agree not to disclose or otherwise make available your PIN to anyone not authorized to
sign on your Accounts. To keep your Account secure, please do not write your PIN on your
Card or keep it in the same place as your Card.

12. DEFAULT
You will be in default under this Agreement if any of the following occur: (a) Any monthly
payment(“Total Amount Due”) is not made when due; (b) You become insolvent, bankrupt,
or you die; (c) You violate any part of this Agreement, or any other agreement with us; or
(d) if we reasonably deem ourselves unsecure on your credit line. We will notify you in writ-
ing of any such action as soon as practical if it occurs. Upon default, we may declare the
entire unpaid balance immediately due and payable, and you agree to pay that amount plus
any attorney’s fees and costs including collection agency costs incurred by us. We can delay
enforcing any right under this Agreement without losing that right or any other right. A nega-
tive credit report reflecting on your credit record may be submitted to a credit reporting
agency if you fail to fulfill the terms of this Agreement.

13. CREDIT INFORMATION/FINANCIAL STATEMENTS
You authorize us to release information to others (e.g., credit bureaus, merchants, and other
financial institutions) regarding the status and history of your credit line. You agree to provide us,
at any time we deem necessary, with a current financial statement and updated credit information
upon request. We may investigate your credit directly or through a credit reporting agency.

14. LOSS OR THEFT OF VISA CREDIT CARD
You agree to notify us immediately of the loss, or the theft, or the use without your permission,
of any Card or other credit instrument or device which we supply to you. Please notify us,
orally or in writing, at the address or telephone number shown on the Rate & Fee Disclosure
accompanying the Agreement and on each billing statement of the loss, theft, or possible
unauthorized use of your Card. If you notify us of your lost or stolen Credit Card after discov-
ery, you may not be liable for any losses related to credit transactions. This zero liability will
apply provided you were not grossly negligent or fraudulent in handling your Card.

(cid:129) We can apply any unpaid amount against your credit limit.

After we finish our investigation, one of two things will happen:

(cid:129) 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.

(cid:129) If we do not believe there was a mistake: You will have to pay the amount in ques-
tion, 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 any-
one we reported you as delinquent, and we must let those organizations know when the mat-
ter 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 cur-
rent 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 above address. 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.

15. YOUR CREDIT CARD BILLING RIGHTS
Keep this document for future use. This notice tells you about your rights and our responsi-
bilities under the Fair Credit Billing Act.

16. AMENDMENTS
We reserve the right to amend the terms of this Agreement at anytime as permitted by and
subject to any limitations and notice requirements of applicable law.

VISA® Account 
General Terms, 
Disclosure Statement 
& Card Agreement

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: America First Credit Union, P.O. Box 9199, Ogden, UT 84409.
In your letter, give us the following information:

(cid:129) Account information: Your Name and account number.
(cid:129) Dollar amount: The dollar amount of the suspected error.
(cid:129) Description of problem: 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:

(cid:129) Within 60 days after the error appeared on your statement.
(cid:129) 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:

(cid:129) We cannot try to collect the amount in question or report you as delinquent on that amount.
(cid:129) The charge in question may remain on your statement, and we may continue to charge

you interest in that amount.

(cid:129) While you do not have to pay the amount in question, you are responsible for the

remainder of your balance.

17. NOTICE AND AGREEMENT
You understand and agree to the terms and conditions in this VISA Credit Card Agreement
and disclosures, including the accompanying Rate and Fee Disclosure. You acknowledge that
you have received a copy of the Agreement and Disclosures. This Agreement is a final expres-
sion of the agreement between you and the Credit Union. This Agreement may not be contra-
dicted by evidence of any oral agreement or alleged oral agreement and contains the terms
applicable to the credit transaction.

NCUA

Your savings federally insured to $100,000 

NCUA

National Credit Union Administration, a U.S. Government Agency

America First Federal Credit Union does business as
(DBA) America First Credit Union and is federally
insured by NCUA. Equal Opportunity Lender.

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This VISA Credit Card Agreement (Agreement) and the Account Disclosures accompanying
this Agreement will govern your VISA Credit Card and account issued by America First Credit
Union. In the agreement the words “you,” “your,” “yours,” “applicant,” and “borrowers”
means any person who signs or uses any Card or PIN issued on this account, including, any
joint obligor, guarantor, authorized user, or the person whose name is embossed on the
Card. The words “we,” “us,” “our,” and “Lender” means  America First Credit Union. The
word “Card” means any one or more credit cards issued under the Credit Union’s VISA
Classic, Gold and Platinum Card programs. Except as specifically indicated, all terms and
conditions in this Agreement will apply to the VISA Credit Card issued to you. By signing or
using any Card or PIN, or allowing others to use the Card or PIN, you and they
will have accepted this Agreement including the Rate & Fee Disclosure accompa-
nying this Agreement, which is incorporated herein. Just as if you and they signed
it, you and they,  jointly and severally, will be bound by the following terms and
conditions which will govern this Account.

1. ACCOUNT ACCESS

a. Purchases and Cash Advances. You must sign the Card to use it. Once you have
signed the Card, you can use it to buy or lease goods or services, wherever the Card is hon-
ored, up to the full amount of your credit line. You may use your Account to get cash
advances from us. You may also use your Card to get a cash advance from participating
financial institutions or an automated teller machine (ATM). You may use your Card to pur-
chase goods and services any place your VISA Card is honored by participating merchants.
No purchase may exceed the available funds in your account. The Credit Union reserves the
right to refuse any transaction that would draw upon insufficient funds.

b. VISA Convenience Checks. If we approve, you may obtain advances under your
Account by writing preprinted VISA convenience checks that we supply to you. Your use of
loan checks will be shown as cash advances on your monthly statement. We may not honor
your loan check if: your check is post-dated; payment of the check would exceed your Credit
Limit; a check is signed by a person without authorized access; the amount of the check is
less than the minimum required amount; your Account has been terminated or suspended,
or any checks have been reported lost or stolen. You may stop payment on a loan check if
you provide us with the exact information describing the check. If you give us incorrect
information, we will not be responsible for failing to stop payment. You understand there
may be a charge for each stop payment order requested. Our liability for a wrongful dishon-
or is limited to your actual charges, however, a dishonor for the reasons stated above is not a
wrongful dishonor. Only the person whose name is printed on a convenience check may sign
it. All convenience checks must be written in U.S. dollars. We will not certify a convenience
check. You may write these checks for any amount providing your total outstanding balance
does not exceed your available credit limit and your credit card account remains in good
standing. We are entitled to return it unpaid if there is not enough available credit on your
account to pay it, if you are in default under this Agreement, if your card or convenience
checks have been reported lost or stolen, or if the convenience check is post-dated. The
Credit Union shall have no liability for any convenience check(s) returned in excess of your
credit line.

2. PROMISE TO PAY
You promise to pay us all such amounts, plus any charges, which arise from use of the Card
or Account by you or any other person, and to be jointly and severally liable with such a per-
son, unless such other person does not have actual, implied, or apparent authority for such
use, and you received no benefit from the use. You promise to pay us either by direct pay-
ment, or by automatic transfers from shares or payroll deduction.

3. CREDIT LIMIT
This Agreement will constitute a revolving line of credit for an amount which will be the
credit limit under your Account. You may access your credit line through VISA Credit Card
purchases, and cash advances at participating merchants. We will advise you of the amount of
your credit limit on your statement. That amount will be the maximum amount you may have
outstanding at any one time. You agree not to attempt to obtain more credit than the amount
of your credit limit. However, if you temporarily exceed your credit limit, you agree to repay
the excess immediately, even if we have not yet billed you. Obtaining such credit does not
increase your credit limit. We retain the right to increase or decrease your credit limit at any
time for any reason. Any increase or reduction of your  credit limit will be shown on your
monthly statement or by separate notice together with any changes in the applicable mini-
mum monthly payments. Your eligibility for this credit limit is determined by our loan policy
and may be terminated at our sole discretion, without demand or notice. You may close your
credit line at any time by notifying us in writing and returning all Cards cut in half. If you ter-
minate this Agreement or if we terminate or suspend your  credit privileges, the provisions of

this Agreement and your liability hereunder shall otherwise remain in full force and effect
until you have paid us all sums due us under this Agreement and returned all Cards.

4. MINIMUM MONTHLY PAYMENT
Minimum Monthly Payment. We will mail you or deliver a statement every month if your
account has a balance. You agree that you will pay each month not less than the minimum
monthly payment on or before the scheduled monthly due date. The minimum monthly pay-
ment will be 2.5% of your outstanding balance (“New Balance”) or $25.00, whichever is
greater. If your outstanding balance is $25.00 or less, you agree to pay the balance in full. You
may pay in full for all your purchases and cash advances each month, or you may repay in
monthly installments. We can accept late payments or partial payments, or checks, drafts, or
money orders marked “payment in full” without prejudice to our rights under this Agreement,
which are hereby explicitly reserved. A credit posting from a merchant or reversal of fees do
not constitute a minimum payment. The minimum monthly payment may be allocated at the
Credit Union’s discretion to pay off lower rate balances, such as promotional offers, before
higher rate balances, such as cash advances or purchases.  Payments in excess of the mini-
mum monthly payment will be allocated first to higher rate balances, as applicable. From time
to time, we may allow you to skip your minimum monthly payment due. If you choose to skip
that payment, Interest Charges will continue to accrue in accordance with this Agreement.
Payments received at: America First Credit Union, PO Box 9199, Ogden UT 84409 at or before
5:00 PM Mountain Time on any business day will be credited to your Account as of that date.
When your payment due date falls on a day we do not receive mail payments, such as a holiday
or weekend, mail payments received the next business day will be credited as of the previous
business day.  Payment crediting to your Account may be delayed up to five days if your pay-
ment is received by mail at any other address.

5. SECURITY INTEREST
You grant the Credit Union a security interest under the Utah Uniform Commercial Code in any
goods purchased through your VISA Credit Card Account. You agree that all collateral you have
given the Credit Union to secure other consumer loan obligations (except dwelling secured
loans), in the past and in the future, will secure your obligations under this Agreement. In
addition, by signing or using any Card or PIN issued on this account, you have given us a secu-
rity interest in all your shares and deposits, present and future, and all accounts (except
Individual Retirement Accounts) with the Credit Union. You agree, upon default, the Credit
Union may apply all that is secured to pay any amounts due under this Agreement, without fur-
ther notice to you.

6. MONTHLY STATEMENTS
Each month we will send you a statement showing purchases, cash advances, payments, and
credits made to your Account during the billing cycle, as well as your “Ending Balance,” any
Interest Charge, and any late charge or other charges.  Your statement also will identify the
“Total Amount Due” for that billing period and the date it is due. You agree to retain for state-
ment verification, copies of transaction slips resulting from each purchase, each advance, and
other transactions on your Account. Unless you notify us of a billing error as described below,
you accept your monthly statement as an accurate statement of your Account with us.

7. CIRCUMSTANCES UNDER WHICH AN INTEREST CHARGE WILL BE IMPOSED
The total outstanding balance of purchases and cash advances in the Account on the closing
date of a billing cycle, including any Interest Charge will be shown on the Periodic Statement
for that billing cycle as the “Ending Balance.”

a. Cash Advances. An Interest Charge will be imposed on cash  advances remaining
unpaid after the first day of the month following the billing cycle. There is a cash advance fee
of 1 1/2% of each cash advance transaction, including ATM withdrawals, Web Access advances
and convenience checks. This fee is identified on your monthly statement as “Cash Advance
Transaction fee.”

b. Purchases. An Interest Charge will be imposed on the portion of purchases included

in the New Balance that remains unpaid by your payment due date.  This “grace period”
allows you to avoid an Interest Charge on purchases for a billing cycle. However, if you do not
pay the New Balance for purchases within the grace period, your Interest Charge will accrue
on any unpaid purchase transactions from the date of purchase.

8. METHOD USED TO DETERMINE THE BALANCE ON WHICH THE INTEREST 

CHARGE MAY BE COMPUTED AND AMOUNT OF INTEREST CHARGE

The Credit Union figures the Periodic Interest Charge on your Account by applying the
Periodic Rate to the “Average Daily Balance” of purchases and previous unpaid cash advances
for your Account. To get the “Average Daily Balance” we take the beginning purchase and cash
advance balances of your Account each day, add any new purchases and subtract any pay-
ments or credits, 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 by the number
of days in the billing cycle. This gives us the Average Daily balance for both purchases and
cash advances. Cash advances made in the billing period will not be assessed the daily
Interest Charge until after the first of the following month. “An Interest Charge will be
imposed on the portion of purchases included in the New Balance that remains unpaid by
your payment due date.”  

9. PERIODIC RATE AND CORRESPONDING ANNUAL PERCENTAGE RATE
The fixed or variable Periodic Rate and Annual Percentage Rate applicable to your Card
will be set forth on the Rate & Fee Disclosure provided with your Card and will be governed by
the periodic Rate and Annual Percentage Rate terms set forth below.

a. Variable Rate Cards. The Interest Charge imposed during the billing cycle will be
determined by multiplying the Average Daily Balance by the Periodic Rate. If you elected a vari-
able rate Card, the Periodic Rate and Annual Percentage Rate are variable based on an
index plus a margin. The index is determined monthly by the highest U.S. prime rate effective,
as reported by the Wall Street Journal on the last business day of each month. The Annual
Percentage Rate may change on the first day of the following month and any increase or
decrease may affect the number of payments you will make. The Annual Percentage Rate
and Periodic Rate applicable to your account will be disclosed on the Rate and Fee Disclosure
accompanying this Agreement and shown on each monthly statement. The “Total Interest
Charge” shown on your monthly statement consists of the periodic Interest Charge on pur-
chases and the periodic Interest Charge on cash advances.

10. CONDITIONS UNDER WHICH OTHER CHARGES MAY BE IMPOSED.
We may impose the following fees and charges on your Account:

a. Late Charges. If we do not receive your minimum payment within 10 days of the due

date we will impose a Late Charge of up to $35.

b. Returned Item Charge. If any check or draft we receive from you as payment for any

amount you owed to us is returned to us unpaid, we may impose a returned item fee of
$10.00.

c. Annual Card Fee. The annual fee for a VISA Classic, Gold, or Platinum credit card will

be set forth on the Rate and Fee Disclosure accompanying this Agreement..

d. Miscellaneous Photocopying. If you request a copy of a sales draft or other docu-

ments, we may charge your Account $5.00 per copy and $15.00 per hour. These charges
cover the costs of locating, copying, and delivering the documents to you. If a request is relat-
ed to a billing error and an error is found, we will reverse any photocopying charges.

e. ATM Fees. If you use an ATM to obtain a cash advance and the ATM is not operated by

us, you will be charged a fee as disclosed on our rate and fee schedule. You may also be
charged an ATM surcharge by the ATM operator or an ATM network utilized for such a trans-
action. The ATM surcharge may be charged to your account if you complete the transaction.
f. Attorney’s Fees and Costs. If you default on any part of this Agreement, you agree to
pay us all costs to collect your Account, including court costs and reasonable attorney fees and
collection agency costs whether or not there is a lawsuit, and fees on any appeal and fees
for bankruptcy proceedings, appeals, and any post judgment collection services, if applicable.

11. CONDITIONS OF CARD USE
The use of your Card and Account are subject to the following conditions:

a. Ownership of Cards. Any Card or other credit instrument or device which we supply
to you is our property and must be returned to us, or to any person whom we authorize to act
as our agent, or to any person who is authorized to honor the Card, immediately according to
instructions. The Card may be repossessed at any time at our sole discretion without
demand or notice. You cannot transfer your Card or Account to another person. You may not
use the Card for any illegal or unlawful transactions and we may decline to authorize any
transaction that we believe poses an undue risk of illegality or unlawfulness.

b. Honoring the Card. Neither we nor merchants authorized to honor the Card will be

responsible for the failure or refusal to honor the Card or any other credit instrument or
device we supply to you. If a merchant agrees to give you a refund or adjustment, you agree to
accept a credit to your Account in lieu of a cash refund.

c. Foreign Transactions. Purchases and cash advances made in foreign countries will be

billed to you in U.S. dollars. The currency conversion rate for international transactions as
established by VISA International, Inc. is a rate selected by VISA from the range of rates avail-
able in wholesale currency markets for the applicable central processing date. The transaction
amount for foreign transactions will include a foreign transaction fee of 1% of the transaction
amount.

d. Notices and Payments. All notices will be sent to your address as shown in the appli-

cation. You agree to advise us promptly if you change your mailing address. All payments
should be mailed to us at the remittance address shown on your monthly statements. Payments
received at that address will be credited to your Account as of the date received.