Washington State Employees Credit Union
P.O. Box WSECU
Olympia, WA 98507
(800) 562-0999

IMPORTANT CREDIT CARD DISCLOSURES

The following disclosure represents important details concerning your credit card. The information about costs of the card are
accurate as of August 22, 2010. You can contact us toll free at (800) 562-0999 or P.O. Box WSECU, Olympia, WA 98507 to
inquire if any changes occurred since the effective date.

INTEREST RATES and INTEREST CHARGES:

Annual Percentage Rate
(APR) for Purchases, Cash
Advances, & Balance
Transfers

Paying Interest

Platinum
Rewards

Gold Rewards/
Rebate

Classic

Secured Classic

Student
Rewards

%

Ł(cid:242)Øº
This APR will
vary with the
market based on
the Prime Rate*.

%

(cid:231)(cid:242)Øº
This APR will
vary with the
market based on
the Prime Rate*.

%

(cid:239)(cid:240)(cid:242)Øº
This APR will
vary with the
market based on
the Prime Rate*.

%

(cid:239)(cid:239)(cid:242)Øº
This APR will
vary with the
market based on
the Prime Rate*.

%

(cid:239)(cid:239)(cid:242)Øº
This APR will
vary with the
market based on
the Prime Rate*.

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:

None
None

Transaction Fees

- Balance Transfer:
- Cash Advance:
- Foreign Transaction:

Penalty Fees

- Over-the-Credit Limit:
- Returned Payment:
- Late Payment:

None
2% of the amount advanced up to $25.00
1% of each transaction in U.S. dollars if the transaction involves a currency conversion
0.8% of each transaction in U.S. dollars if the transaction does not involve a currency
conversion

None
None
$25.00 or your minimum payment required, whichever is less. Balances of $25.00 or less
must be paid in full.

How We Will Calculate Your Balance: We use a method called "average daily balance (including new purchases)."

*Variable Rates: The Annual Percentage Rate may increase or decrease if the highest rate of interest identified as the 'Prime Rate' in the 'Money Rates'
column of the Wall Street Journal increases or decreases. The Annual Percentage Rate will be equal to the Prime Rate plus a margin of: 5.50% for Platinum
Rewards; 6.50% for Gold Rewards/Rebate; 7.50% for Classic; 8.50% for Secured Classic; and 8.50% for Student Rewards. The interest rate can change
monthly on the 18th day of the month following a change in the Prime Rate. The Annual Percentage Rate will never be more than 18.00%. Any increase will
take the form of more payments of the same amount.

9009 LASER ML FPDF FI11575 Rev 10-2012

COPYRIGHT 2009 Securian Financial Group, Inc. All rights reserved.

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

Credit Union Business Days

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
the card is
you give the card, and this responsibility continues until
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
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 grossly negligent in your use or handling of your
Credit Card, or if we can prove that you used your Credit Card fraudulently.

investigation,

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
institutions participating in the VISA program
Union, from other financial
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.

Rebate on Purchases (Gold Rebate Only)

The Credit Union will credit to the Account an amount equal to one percent
of purchases minus any credits in the statement cycle. The Credit Union
reserves the right to suspend the rebate credit at any time upon any
breach of the Agreement. No rebate credit will be made for any cash
advance or balance transfer transaction. The rebate credit will not affect
any minimum monthly payment requirement.

Illegal Use and Internet Gambling

You agree that all transactions that you initiate by use of your VISA Credit
in the jurisdiction where you live and/or where the
Card are legal
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
in all jurisdictions in which you
internet gambling transactions are lawful
this
may be located. You agree to repay according to the terms of
Agreement all transactions you initiate by use of your Credit Card, whether
deemed legal or illegal.

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, or our adverse reevaluation of your
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
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 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.

least

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 by paying the full amount of the
New Balance of Purchases each month on or before your payment due date.
Otherwise, the New Balance of Purchases, and subsequent purchases from the
date they are posted to your account, will be subject to an Interest Charge.
Cash Advances and Balance Transfers - An Interest Charge will be imposed on
cash advances and balance transfers from the date each cash advance or
balance transfer is made. There is no time period within which to pay to avoid a
periodic Interest Charge on cash advances or balance transfers. 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.

LASER ML FPDF FI11576 Rev 10-2011

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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.

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.

Default

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.

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

Purchases and cash advances made in foreign countries and foreign
currencies will be billed to you in U.S. Dollars. Transactions processed
outside of the United States will be charged a foreign transaction fee in an
amount to be determined by the Credit Union, regardless of whether there
is a currency conversion associated with the transaction. The conversion
exchange rate between the transaction currency and the billing currency
used for processing international transactions to U. S. Dollars will be from
a range of rates which may vary selected by VISA USA from the wholesale
currency market rate or the government mandated rate in effect for the
applicable Central Processing Date (CPD), in each instance, plus or minus
any adjustment determined by the Credit Union as a VISA Issuer. A VISA
International Service Assessment (ISA) Fee will be billed to you separately
as the Foreign Currency Conversion Fee on all cross border transactions.
A foreign transaction is any transaction that you complete or a merchant
completes on your card outside of the U.S., Puerto Rico or the U.S. Virgin
Islands; this may include internet transactions.

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.

Pledge of Share Account(s) - Note: You pledge to grant a security
interest in all joint and individual accounts you have with us now and in
the future to secure your credit card account. You authorize us to apply
the balance in these account(s) to pay any amounts due under this
agreement if you should default.

Cross-Collateralization

Your account is also secured by any and all property that you have given as
security or may give as security in the future under any other credit or loan
agreements or security agreements with us. The terms and conditions of those
credit or loan agreements and security agreements are hereby incorporated into
this VISA Credit Card Agreement as if fully set forth herein.

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.

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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.

the amount

While we investigate whether or not there has been an error:
-

in question, or report you as

We cannot
try to collect
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
responsible for the remainder of your balance.
We can apply any unpaid amount against your credit limit.

in question, you are

-

-

-

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.)
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.
the same rules apply to the disputed amount as
While we investigate,
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.

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