DISCLOSURES
                      INDEX
                      ATM/DEBIT CARD DISCLOSURE .......................................... 1 - 2
                      CHECKING ACCOUNT DISCLOSURE ........................................3
                      ELECTRONIC FUNDS TRANSFER ACT DISCLOSURE ....... 4 - 5
                      ELECTRONIC �WHOLESALE CREDIT� TRANSACTIONS ...........6
                      PRIVACY POLICY ................................................................... 7 - 8
                      ROYAL CREDIT UNION TRUTH IN 
                      SAVINGS DISCLOSURE ...................................................... 9 - 10
                      ROYAL FUNDS TRANSFER NOTICE .........................................11
                      VISA VARIABLE RATE CONSUMER
                      CREDIT CARD DISCLOSURE ............................................ 12 - 13
                      VISA VARIABLE RATE COMMERCIAL
                      CREDIT CARD DISCLOSURE ............................................ 14 - 15
                      YOUR ABILITY TO WITHDRAW FUNDS
                      AT ROYAL CREDIT UNION  ........................................................16
       ATM/DEBIT CARD DISCLOSURE
       Use of your Card and/or Personal Identi?cation Number (PIN) are governed by the  subject to collection, and the credit will be reversed if the check is not paid. All cash 
       Electronic Funds Transfer Act (EFT). The following terms and conditions also apply. deposits are received subject to veri?cation by Royal. If the reversal to a deposit overdraws 
                                             the account, Royal may charge all or part of the de?ciency to any other account at Royal of 
       You may use your ATM Card and PIN to:
                                             any Member authorized to use t he card, and the Member shall pay to Royal any de?ciency 
        1. Obtain balance information on your savings account at an automatic teller 
                                             that cannot be paid out of such accounts.
         machine (ATM).
        2. Withdraw cash from your savings account at an ATM. Fees: (See �Service Fees� Disclosure)
        3. Make deposits to your savings account at a PULSE or CO-OP Network ATM.
                                             Foreign Transactions:
       You may use your ATM/Debit Card and PIN to: If your card is used to initiate a cross border transaction, the transaction amount may be 
        1. Obtain balance information on your checking and savings account at an automatic converted to US dollars using the exchange rate selected by Visa or Mastercard/Cirrus 
         teller machine (ATM).               from the range of rates available in wholesale currency markets for the applicable central 
        2. Withdraw cash from your checking or savings account at an ATM. processing date, which rate may vary from the rate Visa or Mastercard/Cirrus itself receives, 
        3. Make deposits to your checking or savings account at a PULSE or CO-OP Network or the government-mandated rate in effect for the applicable central processing date. The 
         ATM.                                date of the conversion may differ from the transaction date and the posting date identi?ed 
        4. Transfer funds between your linked checking and savings account at an ATM. in the monthly statement for your account. All international transactions are charged up to 
        5. Obtain cash advances if you have a Kwik Cash line of credit available when your  two percent (2%) for the Visa International Service Assessment Fee or Mastercard Cross 
         checking account is overdrawn. Cash advances will be deposited in increments of  Border fee.
         $100 into the checking account that is affected.
                                             Limitation on Use of Card:
        6. Pay for purchases from your one designated checking account at merchants that 
                                              1. You must maintain a Checking Account at Royal to be eligible for a Debit Card.
         have agreed to accept the card and may request the PIN (POS transactions).
                                              2. You may not:
       You may use your Debit Card without your PIN to: A) Request any transaction at a terminal if you know or are informed at the 
        1. Pay for purchases from your checking account at places that display the Visa logo terminal or by a clerk that a terminal is malfunctioning or not operating.
         or have agreed to accept the Debit Card. B) Attempt any transaction at an ATM or POS terminal without the use of your 
        2. Obtain a cash advance from your checking account at a ?nancial institution that  Card and correct PIN, which will be furnished by Royal.
         displays the Visa logo.                C) Attempt to initiate any transaction in connection with an account that has been 
        3. Fund recurring preauthorized payments. Your Visa debit card also allows you  closed by you or Royal that is subject to legal process or other encumbrance.
         to conduct transactions on the PULSE debit network, which will generally require  D) Request a withdrawal or transfer of funds from an account:
         you to enter your PIN. Some merchants are authorized to accept non-Visa debit 
                                                 1) If the withdrawal or transfer would overdraw the account or if the 
         transactions without requiring you to enter your PIN. If you choose to sign to authorize 
                                                  withdrawal would exceed any line of credit or other funds available to your 
         a debit transaction, the transaction will be routed as a Visa transaction. Provisions 
                                                  account;
         of your cardholder agreement that speci?cally relate to Visa transactions are 
                                                 2) In an amount in excess of any dollar limitations imposed by the terminal 
         inapplicable to non-Visa debit transactions.
                                                  owner.
       Some of these services may not be available at all terminals. The time required to charge or 
                                                E) Deposit funds to an account at a PULSE or CO-OP Network ATM:
       credit your account after you use your card will depend on the location of the terminal and 
                                                 1) By means of anything other than transfer from another account, U.S. 
       the type of transaction. Any transaction or cash advances may be subject to authorization 
                                                  currency, or a completed negotiable instrument payable in U.S. dollars dated 
       by Royal Credit Union (Royal) or by a Visa authorization center.
                                                  within six months prior to the date attempted deposit, drawn by, or properly 
       Each time your card is properly used, you authorize Royal to debit or credit (whichever is  endorsed by you and does not violate any restrictions on the instrument;
       appropriate) your account for the total amount shown on any sales draft, receipt, or credit  2) In a combined deposit amount greater than $10,000 or in an amount in 
       voucher originated by use of the card whether or not it is signed by you. Royal is permitted  excess of any dollar limitations imposed by the terminal owner, whichever is 
       to handle such sales drafts, orders, and vouchers in the same way it handles authorized  less.
       checks drawn on your account.
                                                F) Use your card for illegal transactions. Royal will terminate or withdraw any 
       If you give your card number to a merchant to have on ?le, or for a recurring payment, we  product or service if we become aware that you used it in an illegal manner or 
       may send account updates to that merchant. This includes, but is not limited to: new expi- for an illegal transaction. You agree to hold harmless and indemnify Royal and 
       ration dates and new account/card numbers. If you wish to not have us send updates, you  reimburse Royal for losses incurred as a result of using the card for any illegal 
       may request us to not do so. Telephoning is the best way of doing this. Call us at 715-833- transactions.
       8111 or 1-800-341-9911. If you cannot notify us by phone, you may notify Royal in person,  3. Cash refunds will not be made to you on purchases made with your Debit Card. 
       or by writing us at:                     If a merchant who honors your Debit Card gives you credit for merchandise returns or 
                                                adjustments, the merchant will do so by applying a credit to your account and giving 
       Debit Card Department                    you a credit slip. Any claim or defense with respect to property or services purchased 
       Royal Credit Union                       with your Debit Card must be handled by you directly with the merchant or other 
       PO Box 970                               business establishment that accepts the Debit Card, and any such claim or defense 
       Eau Claire, WI 54702-0970                that you assert will not relieve you of your obligation to pay the total amount of the 
                                                sales draft plus any appropriate fees we may be authorized to make.
       Deposits Made Through an ATM:          4. If any of your Royal accounts become overdrawn or past due, Royal may restrict 
       Royal�s policy is to make available immediately up to $200 of your total funds deposited  your use of the card. If this action becomes permanent, you will be noti?ed within 30 
       daily through a terminal. The remaining funds will become available in compliance with  days. Neither Royal nor the terminal owner is liable to you if the transaction is not 
       regulatory requirements. The balance of your deposited funds generally will be available the  completed and you have violated any of these rules.
       beginning of the third business day following the day of deposit. 5. Right to Stop Payment: You may stop payment of a preauthorized recurring 
                                                electronic fund transfer authorized with your Debit Card. To place a stop payment, call 
       After we have made funds available to you and you have withdrawn the funds, you are still 
                                                Royal�s Member Service Department at 715-833-8111 or 1-800-341-9911; or write 
       responsible for checks you deposit that are returned to us unpaid for any reason.
                                                us at PO Box 970, Eau Claire, Wisconsin, 54702-0970 in time for us to receive your 
       For determining the availability of your deposits made through a terminal, every day is  request three business days or more before the payment is scheduled to be made. If 
       a business day except Saturdays, Sundays, and federal holidays. If you make a deposit  you call, we may also require you to put your request in writing within 14 days after 
       through a terminal before 2:30 pm on a business day that we are open, we will consider that  your call. One-time only electronic fund transfers are not eligible for stop payment.  
       day to be the day of your deposit. If you make a deposit through a terminal after 2:30 pm or 
       on a day we are not open, we consider that the deposit was made on the next business day 
       we are open.
       Longer Delays May Apply:
       Funds you deposit by check may be delayed for a longer period under the following 
       circumstances:
        1. We believe a check you deposit will not be paid;
        2. You redeposit a check that has been returned unpaid;
        3. You have overdrawn on your account repeatedly in the last six months;
        4. There is an emergency, such as failure of communications or computer equipment.
       We will notify you if we delay your ability to withdraw funds for any of these reasons, and we 
       will tell you when the funds will be available. The funds will generally be available no later 
       than nine (9) business days after the day of your deposit. 
       All checks that Royal has authorized through a terminal for deposit or payment are credited 
                                           - 1 -
       ATM/DEBIT CARD DISCLOSURE (CONT.)
       Limitations on Royal�s Responsibilities:
       The terminals, the PULSE or CO-OP Network, and any other system containing terminals 
       at which the card may be used are available for your convenience and except to the 
       extent provided in Section 910 of the Electronic Funds Transfer Act, Royal is not liable for 
       the unavailability for failure to operate of all or any part of any system. Except for its own 
       negligence, Royal is not liable for any personal injury or tangible property damage suffered 
       or incurred by you through use or attempted use of the card at any terminal. Royal is not 
       responsible for the refusal of any merchant or terminal to honor the card.
       The card and PIN are provided solely for your use and convenience. If you furnish your 
       card or PIN to another person, you shall be deemed to have authorized all transactions that 
       may be accomplished using the card or PIN until you have given actual notice to Royal that 
       further transactions are unauthorized. You shall be obligated to pay Royal the amount of any 
       money, property, or services obtained by the authorized use of the card or PIN to the extent 
       that Royal is unable to charge such amounts to the account, and you hereby authorize 
       Royal to charge the amount of any such obligation to any other of your accounts at Royal. 
       You understand that Royal does not encourage the use of your card and/or PIN by people 
       who are not joint on your account. If you allow another person to use your card and/or PIN 
       but do not tell us, Royal will treat all transactions made by that person as if the transactions 
       were made by an authorized user. It is your responsibility to control or terminate the use 
       of your Card and/or PIN by such persons, and you will remain liable for any and all use 
       by such persons. The card remains the property of Royal and shall be surrendered upon 
       request. Royal may terminate your privilege of using of the Card and may withhold approval 
       of any transaction at any time. Termination of privileges shall not affect your rights and 
       obligations for transactions made with the card before your privileges were terminated.
       You shall at all times:
         1. Safely keep Card and PIN and not permit anyone else to use them;
         2. Not record the PIN on or near the card or otherwise disclose or make it available
         to anyone else;
         3. Use the card, PIN, and terminals only as instructed and only for purposes 
         authorized by Royal;
        4. Immediately report to Royal any loss, theft, disappearance, or known or 
         suspected unauthorized use of the card or any disclosure of the PIN. Immediate 
         noti?cation will limit your liability for unauthorized use as provided for in Royal�s 
         Electronic Funds Transfer Act Disclosure. Telephoning us is the best way of doing this. 
         Call us at 715-833-8111 or 1-800-341-9911. If you cannot notify us by phone, you may 
         notify Royal in person, email member_services@rcu.org, or by writing us at:
         Debit Card Department 
         Royal Credit Union 
         PO Box 970 
         Eau Claire, WI 54702-0970
       Liability for Unauthorized Use:
       If you keep your Personal Identi?cation Number (PIN) on, with, or near your card, or in a 
       location accessible to others, you will be liable for any unauthorized use of the card and/or 
       PIN up to the maximum amount allowed by law.
       Agreement with Rules
       Your retention of, signature on, or use of the card constitutes your agreement to 
       comply with these rules as amended from time to time. This agreement and your use 
       of the card will be governed by the laws of the State of Wisconsin.
                                           - 2 -
       CHECKING ACCOUNT DISCLOSURE
       TERMS AND CONDITIONS REGARDING YOUR CHECKING ACCOUNT deposit has not been made the item will be returned. Royal may close a Checking Account 
                                             if that Checking Account is charged with an excess number of NSFs. Royal cannot honor 
       SMART CHECKING                        any check or ACH item on an account that has been closed. 
        1. No monthly service fee.
        2. No per item fee.                  If suf?cient available funds are still not available, the check, Debit Card, or 
                                             preauthorized debit will be returned non-suf?cient funds (NSF). A fee will be deducted from 
       SMART CHECKING PLUS
                                             your account for every check, Debit Card, or preauthorized debit that is returned NSF.* ACH 
        1. $700 minimum balance.
                                             debits are cleared or returned the same day they attempt to post to the account. Royal may 
        2. No per item fee.
                                             close a Checking Account if that Checking Account is charged with an excessive number 
        3. Monthly fee* if balance falls below $700 at any time during the month.
                                             of NSF�s. Royal cannot honor any check, Debit Card, or preauthorized debit on an account 
       SMART START CHECKING                  that has been closed.
        1. No monthly service fee.
        2. No per item fee.                  CHECKING WITH KWIK CASH PROTECTION
       HEALTH SAVINGS ACCOUNT (HSA) CHECKING Advances from Kwik Cash to cover overdrafts may not be made if any loan made by Royal 
        1. Dividends are calculated daily, compounded and paid monthly. The dividend rate  to the account holder is past due.
         is effective at the beginning of each month.  Kwik Cash line of credit limit for overdraft protection is zero (0) dollars until written 
       Balancing your Checking Account:      notice has been received from Royal advising that the limit has been changed.
        1. If you are not familiar with balancing Checking Accounts, a Royal Financial Service If a Checking Account does not contain suf?cient available funds to pay a check when 
         Representative will show you how to balance your accounts at no charge to you; or presented to Royal or to cover a withdrawal from an ATM, a Debit Card transaction, or any 
        2. If you should have problems balancing your Checking Account, Royal will  other preauthorized debit to the account, an attempt will be made to obtain the funds in the 
         balance it for you; but there will be an hourly fee.* You must furnish Royal with a  following order:
         balanced statement from within the last three statement periods. Use the form  1. A Kwik Cash (line of credit) Loan will be advanced in $100 increments up to 
         provided by Royal for balancing and use the completed form to show us you actually  the approved line of credit limit, and the loan proceeds deposited in the Checking 
         did have the account in balance.      Account;
       Post-dated checks:                     2. If the line of credit limit has been reached, available funds will be transferred from your 
       Under no circumstances will Royal be liable for the payment or nonpayment of a  other accounts to the Checking Account in $100 increments or $250 increments from 
       post-dated check.                       your Money Market Account, and there will be a fee to the Checking Account for each 
                                               transfer.* The required $5 minimum balance in the Primary Savings Account cannot 
       Statements:
                                               be used to pay checks, Debit Card transactions, withdrawals from an ATM, or any 
       While you have a Checking Account with Royal, statements will be mailed to you on a 
                                               other preauthorized debit.
       monthly basis unless you choose electronic statements. 
                                             In compliance with Regulation D of the Federal Reserve Board, you are limited to 
       Cost of printing checks:
                                             six transactions per month from each of your savings or Money Market accounts 
       If you have automatic Direct Deposit of your entire paycheck or government check to your 
                                             without your physical presence at a branch or ATM. This includes but is not limited 
       account at Royal, there will be a discount for check printing. The cost for printing your 
                                             to transactions by means of online banking/business online banking, CompuTeller, 
       checks will be deducted from your Checking Account. Check the �Service Fees� Disclosure 
                                             check, preauthorized payments to a third party, telephoning Member Service, or by 
       for current prices.
                                             automatic transfer due to insuf?cient funds. If you exceed these limitations, your 
       Reject Fee: See �Service Fees� Disclosure account may be subject to a fee or closed.
       Inactive accounts:                    Any attempted Regulation D transaction after the sixth will be rejected.
       Though a Member must maintain a minimum of $5 in their savings account to be a Member 
                                             If suf?cient available funds are still not available, Royal may clear the check, Debit Card, 
       in good standing, we will assess a monthly fee to Members age 18+ with a checking 
                                             or preauthorized debit as a Courtesy Paid item. An account would become eligible once it 
       account of $25 or less, inactive for six months or more, and with no other active services on 
                                             has been active for up to six months, has a positive ending balance for 30 consecutive days, 
       that account. See �Service Fees� Disclosure for current fees.
                                             and has a total of $750 in deposits in 31 days. The account cannot have a
       Please note that if your Checking Account has a ZERO balance and no activity for SIX  negative balance for more than 15 consecutive days, and you cannot have a 30-day
       months, Royal will automatically close the account. or greater past due loan. Courtesy Pay is only applicable to check, Debit Card, and
       CHECKING WITHOUT KWIK CASH PROTECTION ACH checking debits on the account. The account may be removed from the
                                             Courtesy Pay program at any time without notice to you. A fee will be deducted
       If a Checking Account does not contain suf?cient available funds to pay a check when 
                                             for each check, preauthorized debit, or Debit Card transaction that is cleared.*
       presented to Royal or to cover a withdrawal from an ATM, a Debit Card transaction, or any 
                                             Members are noti?ed that they may opt out of the Courtesy Pay Program.
       other preauthorized debit to the account, an attempt will be made to obtain the funds. This 
       will be done by transferring the available funds from your other deposit accounts to the  FOR Check or ACH item ONLY: If suf?cient available funds are still not available, 
       Checking Account in $100 increments or $250 increments from the Money Market Account. the check or ACH item will be assessed a non-suf?cient funds (NSF) fee.* A NSF fee will 
                                             be deducted from your account for every item that did not have available funds on deposit 
       Remember... a balance of $5 is required in the Primary Savings Account in order to keep 
                                             at the time of presentment. For your bene?t, Royal will take a second look and attempt to 
       your account open. The required $5 minimum balance in the Primary Savings Account 
                                             clear the item once more before it is returned. If available funds have been deposited, after 
       cannot be used to pay checks, Debit Card transactions, withdrawals from an ATM, or any 
                                             presentment and before the return process, Royal will clear the item. However, if a suf?cient 
       other preauthorized debit.
                                             deposit has not been made the item will be returned. Royal may close a Checking Account 
       In compliance with Regulation D of the Federal Reserve Board, you are limited to  if that Checking Account is charged with an excess number of NSFs. Royal cannot honor 
       six transactions per month from each of your savings or Money Market accounts  any check or ACH item on an account that has been closed.
       without your physical presence at a branch or ATM. This includes but is not limited 
                                             If suf?cient available funds are still not available, the check, Debit Card, or 
       to transactions by means of online banking/business online banking, CompuTeller, 
                                             preauthorized debit will be returned non-suf?cient funds (NSF). A fee will be deducted from 
       check, preauthorized payments to a third party, telephoning Member Service, or by 
                                             your account for every check, Debit Card, or preauthorized debit that is returned NSF.* ACH 
       automatic transfer due to insuf?cient funds. If you exceed these limitations, your 
                                             debits are cleared or returned the same day they attempt to post to the account. Royal may 
       account may be subject to a fee or closed.
                                             close a Checking Account if that Checking Account is charged with an excessive number 
       Any attempted Regulation D transaction after the sixth will be rejected. of NSF�s. Royal cannot honor any check, Debit Card, or preauthorized debit on an account 
       If suf?cient available funds are still not available, Royal may clear the check, Debit Card,  that has been closed.
       or preauthorized debit as a Courtesy Paid item. An account would become eligible once it 
                                             KWIK CASH PAYMENT METHOD OPTIONS
       has been active for up to six months, has a positive ending balance for 30 consecutive days, 
       and has a total of $750 in deposits in 31 days. The account cannot have a negative balance  If and when you use the overdraft protection with your Kwik Cash Loan, you may 
       for more than 15 consecutive days, and you cannot have a 30-day or greater past due loan.  choose to make the payments by one of the following methods:
       Courtesy Pay is only applicable to check, Debit Card, and ACH checking debits on the 
                                              1. Transfer From Checking or Savings: The monthly payment will be made by 
       account. The account may be removed from the Courtesy Pay program at any time without 
                                                transferring money from your Checking or Savings Account to your Kwik Cash Loan.
       notice to you. A fee will be deducted for each check, preauthorized debit, or Debit Card 
                                              2. Payroll Payment: The monthly payment will be made on your Kwik Cash Loan by 
       transaction that is cleared.* Members are noti?ed that they may opt out of the Courtesy Pay 
                                                Payroll Deduction. A Payroll Deduction card must be completed and signed.
       Program.
                                              3. Over the Counter Payment: The monthly payment will be made on your Kwik Cash 
                                                Loan over-the-counter by you and by the due date set up for the loan at the time you 
       FOR Check or ACH item ONLY: If suf?cient available funds are still not available,    use the service.
       the check or ACH item will be assessed a non-suf?cient funds (NSF) fee.* A NSF fee will 
       be deducted from your account for every item that did not have available funds on deposit  *See �Service Fees� Disclosure.
       at the time of presentment. For your bene?t, Royal will take a second look and attempt to 
       clear the item once more before it is returned. If available funds have been deposited, after 
       presentment and before the return process, Royal will clear the item. However, if a suf?cient 
                                           - 3 -
       ELECTRONIC FUNDS TRANSFER ACT DISCLOSURE
       To our non-business Members who have or may authorize Electronic Fund Transfers  no later than 60 calendar days after you receive the FIRST statement on which the 
       (EFTs):                                  problem or error appeared.
       The Electronic Fund Transfer Act and Regulations require that we disclose pertinent  1. Tell us your name, account number, and con?rmation number (if any).
       information to you about EFT�s to or from your account. By EFT�s we mean preauthorized  2. Describe the error or the transfer you are unsure about, and explain as clearly
       transactions to and from your account with us or by means of your Debit Card, ATM Card,  as you can why you believe it is an error or why you need more information.
       Bill Pay/Business Bill Pay, ACH, Electronic Check Conversion, CompuTeller, or online  3. Tell us the dollar amount of the suspected error.
       banking/business online banking.         If you tell us orally, we require that you send us your concern or question in writing 
       If an EFT overdraws your account, you will be noti?ed and will agree to make immediate  within 10 business days.
       payment to Royal of the amount of any such overdrafts together with any service fees Royal  We will tell you the results of our investigation within 10 business days after we hear 
       may impose. Also, whenever your account is overdrawn, we have the right to return, unpaid,  from you and will correct any error promptly. If we need more time, however, we may 
       any checks or other orders on your account that are presented to Royal and to assess  take up to 45 days to investigate your concern or question. If we decide to do this, we 
       a service fee for making such returns. If your account has a Kwik Cash Loan associated  will provisionally recredit your account within 10 business days for the amount you 
       with it, the terms and conditions contained in your Kwik Cash Loan Agreement (or other  think is in error, so that you will have the use of the money during the time it takes 
       applicable agreement) will control, with respect to overdrafts of your account regardless of  us to complete our investigation. When we ask you to put your concern or question 
       whether they result from purchases, cash withdrawals, use of checks, or any EFT. in writing and we do not receive it within 10 business days, we may not recredit your 
       These rules constitute an addition to all other agreements and regulations of Royal  account.
       governing accounts, which are accessible by EFT�s or indebtedness on which payments  The 10-day periods in the preceding paragraph may be extended to 20 business 
       may be made by use of EFT�s. Any account directly or indirectly accessible with a PIN  days if the error involves a transfer to or from the account within 30 days after the ?rst 
       (Personal Identi?cation Number) or card will remain subject to the fees provided for in  deposit to the account was made.
       the separate agreement or regulations covering that account. Royal reserves the right to 
                                                If the error involves an electronic transfer from your account to buy goods or services 
       change the terms and conditions at a future date after giving you 21 days notice of such 
                                                direct from a merchant, a transfer initiated outside of the United States, or a transfer 
       change.
                                                that occurred within 30 days after the ?rst deposit to the account was made, the time 
       These rules may be amended by Royal at any time, and, subject to compliance with any  period to investigate your complaint or question will be extended from 45 days to 90 
       applicable requirement of law concerning notice, such amendment shall be effective upon  days.
       mailing or emailing by Royal of a copy of such amendment to Member at the address to 
                                                If we decide there was no error, we will send you a written explanation within three 
       which Member�s statements are sent. 
                                                business days after we ?nish our investigation and reverse any provisional credit 
                                                we may have issued. You may ask for copies of the documents we used in our 
       I. DISCLOSURES APPLICABLE TO ALL TYPES OF EFT SERVICES
                                                investigation.
         A. Business Day Disclosure: Royal�s business days are Monday through Friday. 
         Holidays are not included.          II. PREAUTHORIZED EFT�S:
        B. Periodic Statements: You will get a monthly statement unless there are no    A. Documentation of Transfers: If you have arranged to have direct 
         transactions in a particular month. In any case you will get a statement at least  deposits made to your account at least once every 60 days from the same person or 
         quarterly.                             company, you can call CompuTeller at 715-833-8168 or 1-800-762-6280, or log on 
        C. Account Information Disclosure: We will disclose information to third parties to online banking or business online banking at rcu.org to ?nd out if the deposit has 
         about your account or the transfers you make: been made. You may also call Royal�s Member Service Department at 715-833-
                                                8111 or 1-800-341-9911. If you pay for something with a check, you may authorize 
         1. Where it is necessary for completing transfers or;
                                                your check to be converted to an electronic fund transfer. You may also authorize 
         2. In order to verify the existence and condition of your account for a third party, 
                                                merchants to electronically debit your account for returned check fees.
          such as, a credit bureau or;
         3. In order to comply with government agency or court orders or whenever    B. Internal Transfers: If you have authorized Royal to transfer funds from a share to
          required by law or;                   a loan that is for the exact payment amount and is scheduled to pay on the exact due 
         4. If you give us your written permission. date and funds are not available, Royal will retry the transfer for up to 10 days after 
                                                the due date. If the payment is not satis?ed at that time, it will be your responsibility to 
        D. Liability for Failure to Make Transfers: If we do not complete a transfer to or 
                                                complete the missed transfer. Subsequent transfers will not occur until the loan has 
         from your account on time or in the correct amount according to our agreement 
                                                been brought current. (Payment Sequence Balance Transfer)
         with you, we will be liable for your losses or damages. However, there are some 
         exceptions. We will not be liable, for instance: If you have authorized Royal to transfer a speci?ed amount of funds from a share 
                                                account to a loan or share account on a speci?c day and funds are not available, it 
         1. If, through no fault of ours, you do not have enough money in your account to 
                                                will be your responsibility to complete the missed transfer. Subsequent transfers will 
          make the transfer;
                                                continue as scheduled. (Scheduled Transfers)
         2. If your funds are subject to legal process or other encumbrance restricting 
          such transfers;                      C. External Transfers: For outgoing transfers, funds must be in your Royal account 
         3. If the transfer would go over the credit limit on your Visa or Kwik Cash line of  by 6:00 a.m. one business day prior to the Direct Payment date. If the Direct Payment 
          credit;                               date falls on a weekend or holiday, the transfer will be posted 1-2 business days later.
         4. If the system was not working properly and you knew about the breakdown    D. Right to Stop Payment: If you have told us in advance to make regular 
          when you started the transfer;        payments out of your account, you can stop any of these payments. To place a stop 
         5. If the transfer would be restricted as otherwise provided in regulations of the  payment, call Royal�s Member Service Department at 715-833-8111 or 1-800-
          Federal Reserve Board;                341-9911; or write us at PO Box 970, Eau Claire, Wisconsin, 54702-0970 in time 
         6. If circumstances beyond our control (such as ?re or ?ood) prevent the  for us to receive your request three business days or more before the payment is 
          transfer, despite reasonable precautions that we have taken. There may be other  scheduled to be made. If you call, we may also require you to put your request in 
          exceptions stated in our agreement with you. writing. If you order us to stop one of these payments three business days or more 
        E. Multiple Party Accounts: Each Member, who is a party to an account that is a  before the transfer is scheduled and we do not do so, we will be liable for your losses 
         joint account, hereby appoints each other Member, who is a party to such account,  or damages. You are not permitted to stop payment on any purchase, withdrawal, 
         as Member�s attorney with power to appoint one or more agents with power to use  payment or transfer originated by use of the Debit Card, ATM Card, Bill Pay/Business 
         the PIN or card or make transfers to or from such account. Each Member shall  Bill Pay, CompuTeller, or online banking/business online banking, and Royal has no 
         indemnify Royal for any tax it may be required to pay under state statutes by reason  obligation to honor any such stop payment request by you. You may, however, stop 
         of withdrawals or payments from the account, after the death of a Member, to any  payment of a preauthorized recurring electronic fund transfer made with your credit 
         person, or to the survivor in the case of a joint account. card or Debit Card. 
        F. If You Furnish Your Card, Password, or PIN to Another Person: You shall be    E. Notice of Varying Amounts: If these payments may vary in amount, the person
         deemed to have authorized all transactions, which may be accomplished using the  you are going to pay should tell you 10 days before each payment when it will be 
         card, password or PIN until you have given actual written notice to Royal that further  made and how much it will be. You may choose instead to get this notice only when 
         transactions are unauthorized. You shall be obligated to pay Royal the amount of any  your payment would differ by more than a certain amount from the previous payment 
         money, property, or services obtained by the authorized use of the card, password,  or when the amount would fall outside certain limits you set.
         or PIN to the extent that Royal is unable to fee such amounts to the account; and you  F. Limitations on Frequency of Transfers: In compliance with Regulation D of the
         hereby authorize Royal to fee the amount of any such obligation to any other of your  Federal Reserve Board, you are limited to six transactions per month from each 
         accounts at Royal.                    of your savings or Money Market accounts without your physical presence at 
        G. Error Resolution Procedures: In case of errors or questions about your EFT:  a branch or ATM. This includes but is not limited to transactions by means of online, 
         Telephone Royal at 715-833-8111 or 1-800-341-9911; or write us at, PO Box 970,  CompuTeller, check, preauthorized payments to a third party, telephoning Member 
         Eau Claire, Wisconsin, 54702-0970; or email member_services@rcu.org as soon  Service, or by automatic transfer due to insuf?cient funds.
         as you can, if you think your statement or receipt is wrong or if you need more 
         information about a transfer listed on the statement or receipt. We must hear from you 
                                           - 4 -
       ELECTRONIC FUNDS TRANSFER ACT DISCLOSURE (CONT)
        G. Fees that apply to Preauthorized EFT�s are detailed in the �Service Fees�  F. Liability Disclosure: Contact us AT ONCE if you believe your card and/or PIN 
        Disclosure.                             has been lost or stolen or money is missing from your account. You will not be liable 
        H. Liability Disclosure: If your monthly statement shows transfers that you  to Royal for more than $50 for unauthorized transfers if you immediately notify Royal 
         did not make and you do not contact us within 60 days after the statement was  of any loss, theft, disappearance or known suspected unauthorized use of the card 
         provided to you, you may not get back any money lost after that time if your contacting  or PIN.
         us would have prevented those losses. If extenuating circumstances (such as  G. Telephone Number and Address: If you believe your card or PIN has been lost
         extended travel or hospitalization) prevent your contacting us, the time period may be  or stolen or that an unauthorized transfer from your account has occurred or may 
         extended.                              occur, call Royal at 715-833-8111 or 1-800-341-9911, write Royal at PO Box 970, 
        I.  Telephone Number and Address: If you believe that an unauthorized transfer  Eau Claire, Wisconsin 54702-0970, or email member_services@rcu.org.
         from your account has occurred or may occur, call Royal at 715-833-8111 or 
         1-800-341-9911, write Royal at PO Box 970, Eau Claire, Wisconsin  IV. COMPUTELLER/ONLINE BANKING/BUSINESS ONLINE BANKING/BILL PAY/
         54702-0970, or email member_services@rcu.org.   BUSINESS BILL PAY
                                               A. Account Access: For any authorized account, you may use your online 
       III. ATM / DEBIT CARD                    password to pay bills directly from your Checking Account to any vendor on your 
         A. Account Access:                     authorized vendor list. For any authorized account, you may use your CompuTeller/
         You may use your ATM/Debit Card and PIN to: online banking/business online banking PIN to:
         1. Obtain balance information on your savings account at an automatic teller  1. Transfer funds between your Checking and Savings Account.
          machine (ATM).                        2. Obtain cash advances, if you have Kwik Cash line of credit available, to be 
         2. Withdraw cash from your savings account at an ATM. transferred into Savings, Checking, or issued to you in a check.
         3. Make deposits to your savings account at a PULSE or CO-OP Network ATM. 3. Transfer from Savings or Checking to make loan payments.
         4. Obtain balance information on your checking and savings accounts at an  4. Inquire on your accounts at Royal.
          Automated Teller Machine (ATM).
                                              B. Limitations on Frequency of Transfers: You may use Bill Pay/Business Bill Pay
         5. Withdraw cash from your checking or savings account at an ATM.
                                               to make any number of payments from your Checking Account to any vendor on 
         6. Make deposits to your checking or savings account at a PULSE or CO-OP 
                                               your list. There are no limitations on the number of CompuTeller or online transfers. 
          Network ATM.
                                               However, in compliance with Regulation D of the Federal Reserve Board, you are 
         7. Transfer funds between your linked checking and savings account at an ATM.
                                               limited to six transfers per month from each of your Savings Accounts whether by 
         8. Obtain cash advances if you have a Kwik Cash line of credit available when 
                                               means of CompuTeller or online banking/business online banking, preauthorized 
          your checking account is overdrawn. Cash advances will be deposited in 
                                               transfer, ACH withdrawal, telephoning Member Service, Member Service voice 
          increments of $100 into the checking account that is affected.
                                               mail, or by automatic transfer due to insuf?cient funds. If you exceed this limit those 
         9. Pay for purchases from your one designated checking account at merchants 
                                               transactions will be denied.
          that have agreed to accept the card and PIN. (POS Transactions)
                                              C. Limitations on Dollar Amount of Transfers: You may make transfers or check 
         You may use your Debit Card without your PIN to: withdrawals up to the dollar amount of the available balance in your account. You may 
         1. Pay for purchases from your checking account at places that display the Visa  make a check withdrawal from your checking, savings, or Kwik Cash accounts with no 
          logo or have agreed to accept the Debit Card. limitation using CompuTeller or online banking/business online banking. While there is 
         2. Obtain a cash advance from your checking account at a ?nancial institution  no limit to the number of payments that may be authorized with Bill Pay/Business Bill 
          that displays the Visa logo.          Pay, you may make payments up to the maximum amount of $40,000.
         3. Fund recurring preauthorized payments. Your Visa debit card also allows 
                                              D. Fees for Transfers: Fees, if any, which apply to the Bill Pay/Business Bill Pay service
          you to conduct transactions on the PULSE debit network, which will generally 
                                               are disclosed in the �Service Fees� Disclosure. Until Member is noti?ed by Royal to 
          require you to enter your PIN. Some merchants are authorized to accept non-Visa 
                                               the contrary, Member will not be charged any transaction fees by Royal for use of 
          debit transactions without requiring you to enter your PIN. If you choose to sign to 
                                               CompuTeller or online banking/business online banking.
          authorize a debit transaction, the transaction will be routed as a Visa transaction. 
                                              E. Liability Disclosure: Contact us AT ONCE if you believe your PIN or password 
          Provisions of your cardholder agreement that speci?cally relate to Visa transactions 
                                                has been lost or stolen or money is missing from your account. You will not be liable 
          are inapplicable to non-Visa debit transactions.
                                                to Royal for more than $50 for unauthorized transfers if you immediately notify Royal 
         Some of these services may not be available at all terminals. The time required to  of any loss, theft, disappearance or known suspected unauthorized use of the PIN.
         charge or credit your account after you use your card will depend on the location of 
                                              F. Telephone Number and Address: If you believe your PIN or password has been 
         the terminal and the type of transaction. Any transaction or cash advances may be 
                                                lost or stolen or that an unauthorized transfer from your account has occurred or may 
         subject to authorization by Royal or by a Visa authorization center.
                                                occur, call Royal at 715-833-8111 or 1-800-341-9911, write Royal at PO Box 970, 
         Each time your card is properly used, you authorize Royal to debit or credit  Eau Claire, Wisconsin 54702-0970 or email member_services@rcu.org.
         (whichever is appropriate) your account for the total amount shown on any sales 
                                              G. Inactive Accounts: Please note if you have not accessed your account using
         draft, receipt, or credit voucher originated by use of the card whether or not it is 
                                                CompuTeller or online banking/business online banking within a six month time 
         signed by you. Royal is permitted to handle such sales drafts, orders, and vouchers in 
                                                period, Royal may automatically unenroll you from these services. You may re-enroll 
         the same way it handles authorized checks drawn on your account.
                                                at any time. 
        B. Documentation of Transfers: You will have the option of receiving a receipt at 
         the time you make any transfer to or from your account using an ATM or Point of Sale  V. ELECTRONIC CHECK CONVERSION
         (POS) terminal or make purchases using your Debit Card in excess of $15. A. Account Access: You may authorize a merchant or other payee to make a 
        C. Limitations of the Frequency and Dollar Amounts of Transfers: one-time electronic payment from your checking account using information from your 
         For security reasons, there are limitations on the number and dollar amount of cash  check to:
         withdrawals you may make per day at an ATM or POS terminal. There are also  1. Pay for purchases.
         limitations on the total number and dollar amount of Visa merchant purchases or Visa  2. Pay bills.
         cash advances or Visa ATM withdrawals you may make each day.
                                              B. Liability Disclosure: Contact us at once if you believe an electronic funds 
         Royal reserves the right to make periodic risk assessments and to change your  transfer has been made without your permission using information from your check.
         maximum daily limits without notice. We will not reduce your daily limits below $100 
                                              C. Telephone Number and Address: If you believe a transfer has been made using
         without giving you prior notice.
                                                the information from your check without your permission:
         Individual terminals or terminal operators may also have limits on the frequency of 
                                                � Call Royal Member Service at 715-833-8111 or 1-800-341-9911
         cash withdrawals or deposits performed at their terminals.
                                                � Write to Royal at PO Box 970, Eau Claire, Wisconsin 54702-0970
        D. Your Ability to Withdraw Funds: Royal�s policy is to make available immediately � Email member_services@rcu.org
         up to $200 of your total funds deposited daily through a terminal. The remaining funds 
         will become available in compliance with regulatory requirements. The balance of 
         your deposited funds generally will be available the beginning of the third business 
         day following the day of deposit. For determining the availability of your deposits 
         made though a terminal, every day is a business day except Saturdays, Sundays, 
         and federal holidays. If you make a deposit through a terminal before 2:30 pm, on 
         a business day that we are open, we will consider that day to be the day of your 
         deposit. If you make a deposit through a terminal after 2:30 pm or on a day we are 
         not open, we consider that the deposit was made on the next business day we are 
         open.
        E. Fees for Transfers: Fees that apply to ATM/Debit Cards are detailed in 
         the �Service Fees� Disclosure.
                                           - 5 -
       ELECTRONIC �WHOLESALE CREDIT� TRANSACTIONS
       (SUBJECT TO UNIFORM COMMERCIAL CODE ARTICLE 4A)
       To our business Members who have or may authorize electronic credit transactions on your 
       account.
       Royal�s Responsibilities:
       Provisional Payment: Credit given by us to you with respect to an automated clearing 
       house credit entry is provisional until we receive ?nal settlement for such entry through a 
       Federal Reserve Bank. If we do not receive such ?nal settlement, you are hereby noti?ed 
       and agree that we are entitled to a refund of the amount credited to you in connection with 
       such entry, and the party making payment to you via such entry (i.e., the originator of the 
       entry) shall not be deemed to have paid you in the amount of such entry.
       Notice of Receipt of Entry: Under the operating rules of the National Automated Clearing 
       House Association, which are applicable to ACH transactions involving your account, we 
       are not required to give next day notice to you of receipt of an ACH item, and we will not 
       do so. However, we will continue to notify you of the receipt of payments in the periodic 
       statements we provide to you.
       Choice of Law: We may accept on your behalf payments to your account which have been 
       transmitted through one or more Automated Clearing Houses (ACH) and which are not 
       subject to the Electronic Funds Transfer Act and your rights and obligations with respect to 
       such payments shall be construed in accordance with and governed by the laws of the state 
       of New York, as provided in the operating rules of the National Automated Clearing House 
       Association, unless it has been otherwise speci?ed in a separate agreement that the law of 
       some other state shall govern.
                                           - 6 -
       PRIVACY POLICY
                              WHAT DOES ROYAL CREDIT UNION
        FACTS                 DO WITH YOUR PERSONAL INFORMATION?
                              Financial companies choose how they share your personal information. Federal 
                              law gives consumers the right to limit some but not all sharing. Federal law also 
           Why?               requires us to tell you how we collect, share, and protect your personal information. 
                              Please read this notice carefully to understand what we do.
                              The types of personal information we collect and share depends on the product or 
                              service you have with us. This information can include:
                                � Social Security number, address, name, and income
                                � Account balance and transaction history
          What?
                                � Credit history and credit scores
                              When you are no longer our Member, we continue to share your information as 
                              described in this notice.
                              All ?nancial companies need to share members� personal information to run their 
                              everyday business. In the section below, we list the reasons ?nancial companies 
           How?               can share their members� personal information; the reasons Royal Credit Union 
                              chooses to share; and whether you can limit this sharing.
         Reasons we can share your personal information Does Share? Can you limit this sharing?
         For our everyday business purposes�
         Such as to process your transactions, maintain your 
                                                     Yes              No
         account(s), respond to court orders and legal investigations, 
         or report to credit bureaus
         For our marketing purposes�
                                                     Yes              No
         To offer our products and services to you
         For joint marketing with other ?nancial companies Yes        No
         For our af?liates� everyday business purposes�
                                                     Yes              No
         Information about your transactions and experiences
         For our af?liates� everyday business purposes�
                                                     No           We don�t share
         Information about your creditworthiness
         For nonaf?liates to market to you           No           We don�t share
                        Call 1-800-341-9911 or 715-833-8111; send us an email at member_services@rcu.org or 
        Questions
                        write to us at: Royal Credit Union, PO Box 970, Eau Claire, WI 54702-0970
                                           - 7 -
       PRIVACY POLICY (CONT.)
         What we do
                                    To protect your personal information from unauthorized access and use, 
         How does Royal Credit Union protect 
                                    we use security measures that comply with federal law. These measures 
         my personal information?
                                    include computer safeguards and secured ?les and buildings.
                                    We collect your personal information, for example, when you
                                    �   Open an account or apply for loan
                                    �   Apply for any credit union service
                                    �   You visit our website, provide us information on any online  
         How does Royal Credit Union collect 
                                      application or transaction, or information you send to us by email.
         my personal information?
                                    �   Use your credit or debit card or pay your bills
                                    �   Make deposits to or withdrawal from your accounts
                                    We also collect your personal information from others, including credit 
                                    bureaus or other companies.
                                    Federal law gives you the right to limit only
                                    �   Sharing for af?liates� everyday business purposes�information  
                                      about your creditworthiness
         Why can�t I limit all sharing? �   Af?liates from using your information to market to you
                                    �   Sharing for nonaf?liates to market to you
                                    State laws and individual companies may give you additional rights to 
                                    limit sharing.
         De?nitions
                                    Companies related by common ownership or control. They can be 
                                    ?nancial and non?nancial companies.
         Af?liates
                                    �   None
                                    Companies not related by common ownership or control. They can be 
                                    ?nancial and non?nancial companies.
         Nonaf?liates 
                                    �   Royal Credit Union does not share with nonaf?liates so they can  
                                      market to you, except for our joint marketing arrangements.
                                    A formal agreement between nonaf?liated ?nancial companies that 
                                    together market ?nancial products or services to you.
         Joint Marketing
                                    �   Our joint marketing partners include ?nancial service providers.
                                           - 8 -
       ROYAL CREDIT UNION TRUTH IN SAVINGS DISCLOSURE
       (Except as speci?cally described, the following disclosures apply to all accounts.) requirements are met, and to obtain other credit union bene?ts and services. Secondary 
       Speci?c rates are enclosed on inserted rate sheets that may change from time to time.  Savings can be established to meet the Member�s needs for separate Savings Accounts. 
       Current rates on all savings instruments are always available by calling 715-833-8168. This includes Real Estate Escrow accounts. The Escrow accounts have restrictions for 
                                             withdrawals for other than tax or insurance purposes. (They all receive the same dividend 
       1. Services Information               rate and Annual Percentage Yield.)
        In order to receive any services from Royal, the Member must open a Savings Account 
        and maintain a $5 minimum balance. Though a Member must maintain a minimum of $5  Dividends Compounded: Monthly
        in their Savings Account to be a Member in good standing, we will assess a monthly fee  Dividends Credited: Monthly
        to Members age 18+ with Savings or Checking Accounts of $25 or less, inactive for six  Minimum Opening Balance:  $5 for Primary Savings and $0 for any 
        months or more, and with no other active services on that account.    other Secondary Savings
                                             Minimum Monthly Balance:  $5 for Primary Savings and $0 for any 
       2. Balance Information
                                                               other Secondary Savings
        The minimum balance required to open each account is set forth in this packet. The 
                                             Balance Computation Method: Daily
        minimum monthly balance required to avoid a service fee is set forth in this packet. 
                                             Account Limitations:  Account Transaction Limitations Apply
        Dividends are calculated by the daily balance method that applies a daily periodic rate to 
                                             Fees:             See �Service Fees� Disclosure 
        the principal in the account each day.
       3. Nature of the Dividend             MONEY MARKET ACCOUNT:
        Dividends are paid from current income and available earnings after required transfers  Description of Account: Our Money Market Account, with a minimum balance, offers you 
        to reserves at the end of the dividend period. The dividend rate and annual percentage  premium rates and convenient withdrawal privileges. The account is limited to a maximum of 
        yield are the prospective rates and yields that Royal anticipates paying for the applicable  six withdrawals per month without your physical presence at a branch. This includes but is 
        dividend period. The annual percentage yield assumes all dividends remain and are not  not limited to transactions by means of online banking/business online banking, CompuTeller, 
        withdrawn from the account.          check, preauthorized payments to a third party, telephoning Member Service, or by automatic 
       4. Rate Information                   transfer due to insuf?cient funds. Over-the-counter transactions are unlimited.
        See Royal�s rate card, visit rcu.org, or call 715-833-8168 to ?nd the dividend rate  Dividends Compounded: Monthly
        and annual percentage yield on your accounts. All accounts are considered variable  Dividends Credited: Monthly
        rate accounts except the certi?cate accounts and the ?xed IRA accounts that are  Minimum Opening Balance: $10,000
        contractually ?xed rates. The dividend rate and annual percentage yield may change  Minimum Monthly Balance: $10,000
        monthly on the variable rate accounts as determined by the Board of Directors. The  Balance Computation Method: Daily
        annual percentage yield assumes all dividends remain and is not withdrawn from the  Account Limitations:  Limitations do apply as detailed in the  
        account.                                               disclosure. There is a minimum deposit of  
       5. Compounding and Crediting                            $100 and a minimum check amount of $250. 
        Dividends will be compounded and credited as set forth in the account description    Tiered dividend rates are paid on the entire  
        portion of this packet. The dividend period for all accounts is monthly beginning on the    daily collected balance of your account. The  
        ?rst calendar day of the month and ending on the last calendar day of the month. The    balance tiers are:  
        exceptions to this are the certi?cates and the ?xed IRAs, which are detailed below.   $.01-$9,999.99; $10,000-$24,999.99;  
                                                               $25,000-$99,999.99; $100,000 and over. 
       6. Account Limitations
                                                               Account Transaction Limitations Apply
        In compliance with Regulation D of the Federal Reserve Board, you are limited to 
                                             Fees:             See �Service Fees� Disclosure
        six transactions per month from each of your savings or Money Market accounts 
        without your physical presence at a branch or ATM. This includes but is not limited to 
        transactions by means of online banking/business online banking, CompuTeller, check,  CERTIFICATES (BOTH REGULAR AND MINI JUMBO):
        preauthorized payments to a third party, telephoning Member Service, or by automatic  Description of Account: Certi?cate accounts offer a preferred rate in exchange for your 
        transfer due to insuf?cient funds.   commitment to leave funds on deposit for a set period of time. Early withdrawals are subject 
                                             to dividend penalty. Generally, we offer certi?cates with maturates of three, four, six, eight, 
        For Federal Reserve bank reporting purposes, this account consists of a transaction 
                                             twelve, eighteen, thirty, forty eight, and seventy two months. We may offer a premium rate 
        category and a savings category. Royal may periodically transfer funds not routinely 
                                             if the deposit is $50,000 (Mini Jumbo Certi?cate) or more. All rates disclosed are assuming 
        needed to pay debits between these two categories. If your account is one on which 
                                             that the dividends earned are left in the investment and compounded. Withdrawal of the 
        dividends are paid, your dividend calculation will remain the same. Otherwise, the 
                                             earned dividends will reduce future earnings.
        savings category will be non-interest or non-dividend bearing and will be governed 
        by the rules governing our other savings accounts indicated within the �Your Ability to  Dividends Compounded:  Monthly on all new certi?cates. Some older  
        Withdraw Funds at Royal Credit Union� section of this disclosure. This process will be    automatically renewable certi?cates have  
        invisible to you and will not affect your available balance, the dividends you may earn,    been allowed to continue, upon renewal, to  
        NCUA insurance protection, your monthly or quarterly statement, or any other features    have dividends compounded quarterly or  
        of this account. This process does not count toward the maximum of six Regulation D    upon maturity if the Member chooses.
        transactions per month.              Dividends Credited:  Monthly on all new certi?cates. Some older  
                                                               automatically renewable certi?cates have  
        Royal may close your savings and/or checking account if that account is charged 
                                                               been allowed to continue, upon renewal, to  
        with an excessive number of NSFs. If, at the time of closure, your account contains a 
                                                               have dividends credited quarterly or upon  
        negative balance, the closure and the negative balance will be reported to a national 
                                                               maturity if the Member chooses.
        credit reporting agency. If any of your accounts have a negative balance for an extended 
                                             Minimum Opening Balance: $100
        period, the account will be closed and the negative balance will be reported to a national 
                                             Minimum Monthly Balance: $100
        credit reporting agency.
                                             Balance Computation Method: Daily
        Provisional credit is given for items cashed or deposited at Royal. If the item is returned  Account Limitations:  Early withdrawal penalty will be applied. 
        unpaid for any reason, we have the right to reserve the provisional credit and you agree  Penalties for certi?cates one year or less - 
        to reimburse us for the item. We reserve the right to automatically send the item to the  equivalent of 90 days dividends; greater than 
        paying bank a second time. If we do so, we will not charge your account for the amount  one year up to and including three years - 
        of the item or the fee. You agree to waive the notice of right of chargeback and authorize  equivalent of 180 days dividends; greater than 
        re-presentment of the item without being given to you. A fee may be charged for such  three years - equivalent of one year�s dividends. 
        returned item, see �Service Fees� Disclosure.          Automatically renewable certi?cates will be 
       7. Accrual of Dividends                                 automatically extended for successive, like 
        Dividends will begin to accrue on the cash and non-cash deposits (e.g., checks) on the  maturity periods unless:
        business day you make the deposit to your account. If you close your account before 
                                                               a) Upon or within ten days after such original 
        accrued dividends are credited, accrued dividends will be paid.
                                                               or extended maturity date, this certi?cate is 
       8. National Credit Union Share Insurance Fund           surrendered and presented for payment;
        All Member accounts in Royal are federally insured by the National Credit Union Share 
                                                               b) The credit union elects not to extend such 
        Insurance Fund to at least $250,000.
                                                               maturity, in which case the certi?cate amount 
       ACCOUNT DESCRIPTIONS                                    and any dividend will be paid to the depositor. 
       (More detailed information is available upon request)   Expiring certi?cate; upon maturity the certi?cate 
       PRIMARY SAVINGS AND OTHER SECONDARY SAVINGS:            amount and any dividend will be paid to the 
       Description of Account: This is the primary credit union �Savings� Account. You must  depositor by transferring the amount into the 
       ?ll out a membership card and maintain a $5 balance in a primary share account for  Member�s Primary Savings Account.
       membership in the credit union, allowing you to vote at the annual meeting, if all voting  Fees:  See �Service Fees� Disclosure
                                           - 9 -
       ROYAL TRUTH IN SAVINGS DISCLOSURE (CONT.)
       EASY SAVE INDIVIDUAL RETIREMENT ACCOUNT (IRA): SMART CHECKING PLUS:
       Description of Account: IRAs are savings investments setup for the purpose of  Description of Account: This account offers you the convenience of withdrawing funds
       accumulating funds for retirement. All IRAs are regulated by the Internal Revenue  by checks or other remote means.
       Service. This investment has no term and can be added to periodically for the purpose of  Dividends Compounded: Monthly
       accumulating funds to put into a ?xed IRA. (Special rates and other terms apply.) Dividends Credited:  Monthly
                                             Minimum Opening Balance:   $700
       Dividends Compounded: Monthly
                                             Minimum Monthly Balance:  $700
       Dividends Credited: Monthly
                                             Balance Computation Method:  Daily
       Minimum Opening Balance: $5
                                             Account Limitations:   Limitations do apply to this account. A
       Minimum Monthly Balance: $5
                                                               minimum balance of $700 must be
       Balance Computation Method: Daily
                                                               maintained in the account or there will be a
       Account Limitations:  Minimum payroll deposit amount is $5.  
                                                               fee for the month that your balance falls
                        Also IRS regulations apply. This investment  
                                                               below the minimum. The fee will be on
                        option is not available for Sep IRA�s.
                                                               the last day of the month.
       Fees:            See �Service Fees� Disclosure
                                             Fees:             See �Service Fees� Disclosure
       FIXED RATE INDIVIDUAL RETIREMENT ACCOUNTS (IRA) 
                                             SMART START CHECKING:
       INCLUDING ROTH AND SEP:
                                             Description of Account: This account offers you the convenience of withdrawing funds
       Description of Account: IRAs are savings investments set up for the purpose of 
                                             by checks or other remote means.
       accumulating funds for retirement. All IRAs are regulated by the Internal Revenue Service. 
                                             Dividends Compounded: None
       The investments are in certi?cate instruments. (Special rates and other terms apply to these 
                                             Dividends Credited: None
       accounts.)
                                             Minimum Opening Balance: $0
       Dividends Compounded: Monthly         Minimum Monthly Balance: $0
       Dividends Credited: Monthly           Balance Computation Method: None
       Minimum Opening Balance: $1,000       Account Limitations: None
       Minimum Monthly Balance: $1,000       Fees:             No Checking fees associated with this account.
       Balance Computation Method: Daily                       Transaction and access to ATM may be   
       Account Limitations:  Early withdrawal penalties will be the same as                                                                         charged as detailed in the �Service Fees�     
                        the penalties disclosed under the certi?cate    Disclosure
                        section plus any penalties imposed by the  
        IRS.                                 HEALTH SAVINGS ACCOUNT (HSA) CHECKING:
       Fees:            See �Service Fees� Disclosure Description of Account: HSAs are savings investments set up for the purpose of
                                             accumulating funds for paying for quali?ed medical expenses of the account holder and
       FIXED RATE HEALTH SAVINGS ACCOUNT (HSA) CERTIFICATE: their dependents when they are covered by a High Deductible Health Plan (HDHP). This
       Description of Account: HSAs are savings investments set up for the purpose of  account offers you the convenience of withdrawing funds by check or ATM/Debit Card.
       accumulating funds for paying for quali?ed medical expenses of the account holder and  All HSAs are regulated by the Internal Revenue Service. (Special rates and terms apply to
       their dependents when they are covered by a High Deductible Health Plan (HDHP).  these accounts.)
       The investments are in a certi?cate instrument. (Special rates and terms apply to these  Dividends Compounded:  Monthly
       accounts.)                            Dividends Credited:   Monthly
                                             Minimum Opening Balance:  $0
       Dividends Compounded: Monthly
                                             Minimum Average
       Dividends Credited: Monthly
                                             Monthly Balance:   $0
       Minimum Opening Balance: $1,000
                                             Balance Computation:  Daily
       Minimum Monthly Balance: $1,000
                                             Account Limitations:   Tiered dividend rates are paid on the entire
       Balance Computation Method: Daily
                                                               daily collected balance of your account. The
       Account Limitations:  Early withdrawal penalties will be the same as  
                                                               balance tiers are: $0 to $999.99; $1,000 to
                        the penalties disclosed under the certi?cate  
                                                               $4,999.99; $5,000 to $9,999.99; and $10,000
        section.
                                                               or more.
       Fees:            See �Service Fees� Disclosure
                                             Fees:             See �Service Fees� Disclosure
       VARIABLE RATE INDIVIDUAL RETIREMENT ACCOUNTS (IRA) 
       INCLUDING ROTH AND SEP:
       Description of Account: IRAs are savings investments set up for the purpose of 
       accumulating funds for retirement. All IRAs are regulated by the Internal Revenue Service. 
       The investments are two-year variable rate certi?cate instruments. (Special rates and other 
       terms apply to these accounts.)
       Dividends Compounded: Monthly
       Dividends Credited: Monthly
       Minimum Opening Balance: $5
       Minimum Monthly Balance: $5
       Balance Computation Method: Daily
       Account Limitations:  Minimum payroll deposit amount is $5. An 
                        early withdrawal penalty equal to 180 days  
                        dividends will be accessed on the amount  
                        of the withdrawal if the account holder is  
                        under 591/2 years old, plus any penalties  
                        imposed by the IRS.
       Fees:            See �Service Fees� Disclosure
       SMART CHECKING:
       Description of Account: This account offers you the convenience of withdrawing funds
       by checks or other remote means.
       Dividends Compounded:   None
       Dividends Credited:  None
       Minimum Opening Balance:   $0
       Minimum Monthly Balance:  $0
       Balance Computation Method:  None
       Account Limitations:  None
       Fees:            No Checking fees associated with this
                        account. Transaction and access to ATM may
                        be charged as detailed in the �Service
                        Fees� Disclosure.
                                           - 10 -
       ROYAL FUNDS TRANSFER NOTICE
       Royal Credit Union will transfer (a �funds transfer�) as shown on the payment order.  See 
       �Service Fees� Disclosure. Other ?nancial institutions involved in the funds transfer may 
       impose additional fees.
       We will not be liable to you if we do not act upon or delay acting upon any funds transfer 
       order if any of the following circumstances occur:
         �  Legal order
         �  Emergency situation
         �  Interruption of communication
         �  Equipment failure
         �  War
         �  Other circumstances beyond our control
         �  Potential violation of any government regulation
       Fedwire is the wire transfer system of U.S. Federal Reserve Banks.  We or other ?nancial 
       institutions involved may use Fedwire to make the funds transfer.  If any part of the funds 
       transfer is carried by Fedwire, your rights and obligations regarding the funds transfer are 
       governed by Regulation J of the U.S. Federal Reserve Board.  Your funds transfer may be 
       carried by means other than Fedwire.
       If you provide us with both the name and account number of the person you wish to receive 
       the funds, be aware that we may process the funds transfer based on the account number 
       alone.  This could occur even if that account number identi?es a person other than the 
       one you named.  Similarly, if you provide the name and number of the receiving ?nancial 
       institution (including any intermediaries), we may process the funds transfer based on the 
       ?nancial institution�s number alone, even if it is an institution different from the one you 
       named.   If the correct person does not receive payment, you are still obligated to pay us the 
       amount of your funds transfer order.  Additional charges may apply regardless of whether 
       the wire is accepted or returned.  Royal will not be held liable for these charges.
       If we receive your funds transfer order after our cutoff time, we will process your order the 
       next business day.  Our cutoff times are generally 11:00 AM for international wires and 
       2:00 PM for domestic wires.  We reserve the right to reject funds transfer orders with no 
       liability to you and with no obligation to pay you interest for the period before you receive 
       noti?cation.  We may require funds be collected from the drawer�s ?nancial institution prior 
       to initiating the funds transfer.  We also reserve the right to require additional information 
       about the funds transfer, including the purpose for sending it.  If your funds transfer order is 
       rejected, we will notify you orally or in writing.  
       Once we have received your funds transfer order you no longer have the right to change or 
       cancel it.  We may make a reasonable effort to accommodate your request, but we are not 
       liable to you for failures to make changes or cancel the order.  You agree to pay any costs or 
       losses we incur in our attempt to change or cancel your funds transfer order.
       Funds transfer orders will be listed on your normal periodic statement. To do so, you must 
       notify us immediately if you think there is an error.  You need to send us a written statement 
       of facts no later than 14 days after the date you receive the ?rst statement on which the 
       error appears.
       If you are requesting a funds transfer to be sent outside the United States, you understand 
       you do so at your own risk.  Royal Credit Union will not be liable for any reason if the funds 
       are not received or mis-applied during the funds transfer process.
       Royal Credit Union will not be liable for consequential damages in the event that loss is 
       sustained because it has failed to carry out instructions in a reasonable manner.
                                           - 11 -
       VISA VARIABLE RATE CONSUMER CREDIT CARD DISCLOSURE
       Keep This Notice for Future Use          outstanding unpaid balance, which is determined by dividing the sum of the daily 
         As used in the Regulations, �you� and �your� means natural persons, which means each   balances during the billing cycle by the number of days in the cycle. Each daily 
         and all of those who applied for or received or who signed or used a card. �Card� means   balance of cash advances is determined by adding any new cash advances as of 
         each of your Visa credit cards issued by Royal or its predecessor. �We,� �us,� and �our�   the transaction date or the ?rst day of the billing cycle in which posted, whichever 
         mean Royal and �account� means your credit card account with us. These regulations   is later, to the previous balance excluding any unpaid ?nance fee, and subtracting 
         apply to cards issued to all natural persons unless otherwise stated. each payment and credit on the date of receipt.
                                              6 (b) If you paid the previous monthly balance in full by the due date shown on 
       1. Responsibility
                                                 that statement, the interest rate as stated in Section 6 will be imposed on credit 
        If you applied for and received a Card from us, you and all other persons obligated for 
                                                 purchases you obtain through the use of your card that have not been paid by the 
        the card agree to these Regulations. If more than one person is obligated on a card, their 
                                                 due date shown on the current statement on which the transaction is detailed.
        obligation shall be joint and several. Except for unauthorized use of a card, you agree to 
        repay all debts and any ?nance fees, fees, and insurance premiums arising from use of  The balance of credit purchases subject to ?nance fee is the average daily 
        the Card on your account. For example, if you are a natural person, you agree to pay all  outstanding unpaid balance, which is determined by dividing the sum of the daily 
        amounts owed as a result of use of the card or your account by you, your spouse, and  balances during the billing cycle by the number of days in the cycle.  Each daily 
        your minor children. You agree to pay all accounts owed as a result of use of the card  balance of credit purchases is determined by adding to the previous balance, new 
        or your account by anyone else to whom you give the card or you authorize to use your  credit purchases posted on that date, and subtracting each payment as of the ?rst 
        account. If the Wisconsin Consumer Act (�WCA�) does not apply to the card or to your  day of the billing cycle, each credit on the date of receipt, but excluding any unpaid 
        account, you agree to pay to us all attorneys� fees incurred in collecting or attempting  ?nance, late, and any other fees.
        to collect amounts owed to us as a result of use of the card or your account. Your card  6 (c) If you did not pay the previous monthly statement balance in full by the due date
        may not be used for illegal transactions. The Credit Union will terminate or withdraw any  shown on that statement, the interest rate as stated in Section 6 will be imposed on 
        product or service if used in an illegal manner or for an illegal transaction. You agree to  the unpaid balance of credit purchases from the previous statement closing date 
        hold harmless and indemnify Royal and reimburse Royal for losses incurred as a result  and on credit purchases made during the current billing cycle from the transaction 
        of using the card for any illegal transactions. date and will continue to accrue until the closing date of the billing cycle preceding 
                                                 the date on which the entire new balance is paid in full.
       2. Credit Line
        We will establish a credit line for you and advise you of its amount. You agree not to let  The balance of credit purchases subject to ?nance fee is the average daily 
        the account balance exceed the credit line, but you remain responsible for payment even  outstanding unpaid balance, which is determined by dividing the sum of the daily 
        if it does. Any account balance in excess of the credit line is payable immediately. We  balances during the billing cycle by the number of days in the cycle.  Each daily 
        reserve the right to increase or reduce your credit line from time to time without affecting  balance of credit purchases is determined by adding to the previous balance, new 
        your obligation to pay the account balance. All Cards remain our property; and if we  credit purchases posted on that date, and subtracting each payment and credit on 
        request, you must recover and surrender to us all cards we have issued on your account. the date of receipt, but excluding any unpaid ?nance fees, late, and any other fees.
       3. Limitations of the Frequency and Dollar Amounts of Transfers 7. Other Fees (See �Service Fees� Disclosure or visit rcu.org)
        For security reasons, there are limitations on the number and dollar amount of cash  8. Security Interest
        withdrawals you may make per day at an ATM or POS terminal.  There also may be  Each purchase and cash advance through your account is a loan by us to you in 
        limitations on the total number and dollar amount of Visa merchant purchases or Visa  Wisconsin. You agree that the Wisconsin Consumer Act applies to all of these loans (the 
        cash advances or Visa ATM withdrawals you may make each day. rate of ?nance fee and the penalties for violation of rate limitations will be governed by 
        Royal reserves the right to make periodic risk assessments and to change your  state law). If you give or have given us or the ?nancial institution named on your card a 
        maximum daily limits without notice.  We will not reduce your daily limits below $100  security interest in personal or business property to secure all of your debts, these loans 
        without giving you prior notice.      will also be secured by that property (except clothing, household furnishings, and deposit 
                                              accounts). These loans will not be secured by any other property.
        Individual terminals or terminal operators may also have limits on the frequency of cash 
        withdrawals or deposits performed at their terminals. 9. Default: Termination
                                              You will be in default if you fail to make a payment, including a payment under paragraph 
       4. Payment Protection Fees (for consumer use only)
                                              2, on time, twice during any 12-month period. You will also be in default if your ability to 
        If you are eligible and have elected to participate in one of our group payment protection 
                                              repay us is materially reduced by bankruptcy or insolvency proceedings involving you, 
        programs, a premium fee based on the balance shown on your monthly statement will 
                                              your death, or your failure to abide by these regulations. We have the right to demand 
        be posted to your account as a miscellaneous fee during your statement period. If you 
                                              immediate payment of your full account balance if you do not cure your default within 15 
        wish to cancel your payment protection coverage, you must notify us in writing. If your 
                                              calendar days after we send you a written notice of default. We have this right, without 
        payment protection is stopped for one of the reasons listed in your Borrower Security 
                                              notice, if the default is your third within 12 months, and we noti?ed you of the prior two 
        Contract, you must re-enroll if you wish to have payment protection reinstated.
                                              and you cured those defaults.
       5. Promotional Visa Transfer Checks    Your privilege of using the card and the account shall expire on the date shown on the 
        As part of a promotion, Royal cardholders may receive cash advance and/or balance  card provided, however, if the card is used after the termination date, you shall remain 
        transfer checks which may be used to access their Visa credit line.  Under no  responsible for any fees made after the expiration date. You may terminate your account 
        circumstances will Royal be liable for the payment or nonpayment of a post-dated  relationship with us at any time by surrendering to us all of your cards, but you will 
        check.  If the account is delinquent or over the credit line when a check is presented for  remain liable to us for full payment of any balance of your account. We may revoke your 
        payment, the check will be returned non-suf?cient funds (NSF).  Royal cannot honor any  card at any time without prior noti?cation and without affecting your obligation to pay the 
        check on an account that has been closed.  Checks will only be honored when they are  account balance.
        drawn by the Primary or Joint Owner(s) of the account. In the event of past due payments, a past due penalty rate not to exceed 18% annual 
                                              percentage rate for the underlying and penalty rate shall be applied until the account is 
       6. Finance Fee                         brought current for six months.
        The interest will be set on a variable rate. We may increase or decrease the annual 
        percentage rate beginning with the ?rst billing cycle of the next calendar quarter and  10. Monthly Payment
        each calendar quarter thereafter. Each date on which the rate may be changed by us is  Unless we are prevented by law or unless we believe that your account is uncollectible, 
        called �change date.� The rate applicable to this card is based on an index. The annual  we will mail you a statement each month in which your account has a balance of $1 or 
        percentage rate shall equal the highest prime rate published in the Wall Street Journal  more provided, however, that if more than one person is obligated for a card, we need 
        �Money Rate� tables on the last date of publication in the calendar month preceding each  only to mail a statement to one of said persons. The fact that we do not send a monthly 
        change date plus a margin of 4.5 percentage points not to exceed the allowable usury  statement to each person obligated on a card shall not relieve any person to whom a 
        ceiling. The minimum ?nance fee that will be imposed is $0.50. If we, on any change  monthly statement is not sent from liability on the account. This statement will show your 
        date, fail to increase the rate in accordance with changes in the index, we will not carry  previous balance, current transactions on your account, amount available under your 
        over and add any portion of that increase to any adjustment made on subsequent  credit line, fees and ?nance fees, new balance and minimum payments due. Each month 
        change dates.                         you must pay at least the minimum payment by the due date on the statement. You may, 
                                              of course, pay more than the minimum payment; and if you pay the new balance in full, 
        In addition, there is a past due penalty rate such that the sum of the underlying interest 
                                              you may reduce or avoid additional ?nance fees unless you have a cash advance. Each 
        and this fee shall equal 18% per annum. It is applied in this fashion: should there be a 
                                              minimum payment will be the greater of $25 or 2% of your new balance. A minimum 
        failure to have the account current for two months, then the interest rate, not to exceed 
                                              payment is required for each statement period in which there is a debit balance in your 
        18% shall be imposed two months from that date and shall continue for a period of six 
                                              account; and any additional amount paid, while reducing your balance, will not prepay 
        months during which there is no past due or payment less than called for in the note or 
                                              any future minimum payments. Any past due minimum payment continues to be due 
        agreement, in which event the penalty rate shall be removed and the underlying rate 
                                              immediately.
        applied as long as you are current.
        6 (a) Cash advance and balance transfer ?nance fees accrue on the outstanding daily
          balance from the date of advance or transfer, through the date paid.
          The balance of cash advances subject to ?nance fee is the average daily 
                                           - 12 -
       VISA VARIABLE RATE CONSUMER CREDIT CARD DISCLOSURE (CONT.)
       11. Preauthorized Payments              no waiver is valid unless it is in writing and signed by us. You authorize us to investigate 
         Upon your authorization, the preauthorized payments are to remain in full force  your credit standing at any time and to disclose to others information relating to your 
         and effect until you cancel an online originated preauthorized payment using online  credit standing.
         banking/business online banking, or provide Royal with a written request to terminate 
         preauthorized payments that were set up in writing. If you request to change your  YOUR BILLING RIGHTS
         preauthorized payment, the current preauthorization must ?rst be cancelled and a new  Keep This Notice for Future Use
         preauthorized payment request must be initiated. This notice contains important information about your rights and our responsibilities under 
         If a preauthorized payment is returned unpaid, the payment to the credit card  the Fair Credit Billing Act.
         account will be reversed. Refer to �Service Fees� Disclosure. In Case of Errors or Inquiries about Your Bill
         You further understand and agree that Royal shall not be responsible for any act or  If you think your bill is wrong, or if you need more information about a transaction on your 
         failure to act on their part, except in the case of gross negligence or willful misconduct.   bill, write us on a separate sheet of paper at:
         Furthermore, you agree to hold Royal harmless from any claims, liabilities, attorneys�  Royal Cardholder Services 
         fees, and other costs and expenses of any and every kind and nature which may be  Attn: Disputes & Inquiries 
         incurred by reason of their performance under the Credit Card Preauthorized Payment  PO Box 30495 
         request.                             Tampa, FL 33630-3495
       12. Foreign Transactions              In your letter, give us the following information:
         If your card is used to initiate a cross border transaction, the transaction amount  � Your name and account number;
         may be converted to US dollars using the exchange rate selected by Visa or  � The dollar amount of the suspected error;
         Mastercard/Cirrus from the range of rates available in wholesale currency markets  � Describe the error and explain, if you can, why you believe there is an error. If you 
         for the applicable central processing date, which rate may vary from the rate Visa or  need more information, describe the item you are unsure about;
         Mastercard/Cirrus itself receives, or the government-mandated rate in effect for the  � Send a copy of the statement the disputed charge shows on.
         applicable central processing date. The date of the conversion may differ from the 
                                             We must hear from you no later than 60 days after we sent you the ?rst bill on which the 
         transaction date and the posting date identi?ed in the monthly statement for your 
                                             error or problem appeared. You can telephone us at 1-866-839-3485 or write.
         account. All international transactions are charged up to two percent (2%) for the Visa 
         International Service Assessment Fee or Mastercard Cross Border fee. If you have authorized us to pay your credit card bill automatically from your savings or 
                                             checking account, you can stop the payment on any amount you think is wrong. To stop the 
       13. Disputes
                                             payment your letter must reach us seven business days before the automatic payment is 
         We are not responsible for the refusal or failure of any merchant, bank, or automated 
                                             scheduled to occur.
         equipment to honor or accept your card. Except as indicated in the Billing Rights 
         Summary below, we are not responsible for any goods or services you purchase  Your Rights and Responsibilities After We Receive Your Written Notice
         with card credit and you must resolve all disputes directly with the merchant. It is  We must acknowledge your letter within 30 days unless we have corrected the error by then. 
         your responsibility to contact the merchant to cancel all preauthorized, recurring, and  Within 90 days, we must either correct the error or explain why we believe the bill is correct.
         unauthorized charges. Canceling the card will not stop charges posting to the account. After we receive your letter, we cannot try to collect any amount you question or report you 
       14. Use                               as delinquent. We can continue to bill you for the amount you question, including ?nance 
         You authorize us to pay from your account all items re?ecting purchases or cash  fees, and we can apply any unpaid amount against your credit limit. You do not have to pay 
         advances made with the Card in spite of the absence of your signature on a draft or the  any questioned amount while we are investigating, but you are still obligated to pay the 
         lack of presentation of the card.   parts of your bill that are not in question.
         Notify us at once at 1-866-839-3485 in the U.S. and 727-570-4893 (collect) out of  If we ?nd that we made a mistake on your bill, you will not have to pay any ?nance fees 
         the U.S. of any loss, theft, disappearance or possible unauthorized use of your card.  related to any questioned amount. If we didn�t make a mistake, you may have to pay ?nance 
         Noti?cation to us is given when steps have been taken as may be reasonably required  fees, and you will have to make up any missed payments on the questioned amount. In 
         in the ordinary course of business to provide us with the pertinent information about the  either case, we will send a statement of the amount you owe and the date that it is due. If 
         loss, theft, or possible unauthorized use of a credit card. Noti?cation may be given, at  you fail to pay the amount that we think you owe, we will report you as delinquent. However, 
         your option, in person, by telephone at the numbers above, or in writing. if our explanation does not satisfy you and you write to us within ten days telling us that you 
                                             still refuse to pay, we must tell anyone we report you to that you have a question about your 
         If you furnish your card or Personal Identi?cation Number (PIN) to another person; you 
                                             bill. We must also tell you the name of anyone we reported you to. We must tell anyone we 
         shall be deemed to have authorized all transactions that may be accomplished using 
                                             report you to that the matter has been settled between us when it ?nally is.
         the card or PIN until you have given actual notice to Royal that further transactions are 
         unauthorized. You shall be obligated to pay Royal the amount of any money, property,  Special Rule for Credit Card Purchases
         or services obtained by the authorized use of the Card or PIN to the extent that Royal  If you have a problem with the quality of property or services that you purchased with a 
         is unable to charge such amounts to the account; and you hereby authorize Royal to  credit card, and you have tried in good faith to correct the problem with the merchant, you 
         charge the amount of any such obligation to any other of your accounts at Royal. You  may have the right not to pay the remaining amount due on the property or services. There 
         shall at all times:                 are two limitations on this right.
         1.) Safely keep the card and PIN and not permit anyone else to use them; (a) You must have made the purchase in your home state or if not within your state,
         2.) Not record the PIN on or near the Card or otherwise disclose or make it    within 100 miles of your current mailing address and;
          available to anyone else;          (b) The purchase price must have been more than $50.These limitations do not apply if  
         3.) Use the card, PIN, and terminals only as instructed and only for purposes    we own or operate the merchant or if we mailed you the advertisement for the property 
          authorized by Royal;                 or service. 
         Some terminal owners and or networks may impose additional transaction fees, which 
         will be indicated at that terminal. 
         If you give your card number to a merchant to have on ?le, or for a recurring payment, 
         we may send account updates to that merchant. This includes, but is not limited to: 
         new expiration dates and new account/card numbers. If you wish to not have us send 
         updates, you may request us not to do so. Telephoning is the best way of doing this. 
         Call us at 715-833-8111 or 1-800-341-9911. If you cannot notify us by phone, you may 
         notify Royal in person, or by writing us at:
        Credit Card Department 
        Royal Credit Union 
        PO Box 970 
        Eau Claire, WI 54702-0970
       15. Effect of and Changes in Regulations
         These regulations are the contract that applies to all transactions on your account even 
         though the sales, cash advances, or credit slips you sign contain different terms. We 
         may change these regulations from time to time by sending you advance written notice 
         and your use of the card or the account thereafter will indicate your agreement to those 
         changes. To the extent the law permits, and we indicate in our notice, amendments 
         will apply to existing account balances as well as future transactions. Our delay in 
         exercising or our failure to exercise any of our rights is not a waiver of those rights, and 
                                           - 13 -
       VISA VARIABLE RATE COMMERCIAL CREDIT CARD DISCLOSURE
       Keep This Notice for Future Use         The balance of credit purchases subject to ?nance fee is the average daily
       As used in the Regulations, �you� and �your� means businesses and organizations, which  outstanding unpaid balance, which is determined by dividing the sum of the daily
       means each and all of those who applied for or received or who signed or used a card.  balances during the billing cycle by the number of days in the cycle. Each daily
       �Card� means each of your Visa credit cards issued by Royal or its predecessor. �We,�  balance of credit purchases is determined by adding to the previous balance new
       �us,� and �our� mean Royal and �account� means your credit card account with us. These  credit purchases posted through that date if the previous balance was not paid in full
       regulations apply to cards issued to all organizations and businesses unless otherwise  within 25 days of the statement closing date, and subtracting each payment and credit
       stated.                                 on the date of receipt, but excluding any unpaid ?nance fees.
       1. Responsibility                     5.  Other Fees (See �Service Fees� Disclosure or visit rcu.org)
        If you applied for and received a Card from us, you and all other persons obligated for 
                                             6.  Security Interest
        the card agree to these Regulations. If more than one person is obligated on a card, their 
                                               Each purchase and cash advance through your account is a loan by us to you in 
        obligation shall be joint and several. Except for unauthorized use of a card, you agree 
                                               Wisconsin. If you give or have given us or the ?nancial institution named on your card 
        to repay all debts and any ?nance fees, fees, and insurance premiums arising from use 
                                               a security interest in personal or business property to secure all of your debts, these 
        of the Card on your account. You agree to pay all accounts owed as a result of use of 
                                               loans will also be secured by that property (except clothing, household furnishings, and 
        the card or your account by anyone else to whom you give the card or you authorize 
                                               deposit accounts). These loans will not be secured by any other property.
        to use your account. You agree to pay to us all attorneys� fees incurred in collecting or 
        attempting to collect amounts owed to us as a result of use of the card or your account.  7.  Default: Termination
        Your card may not be used for illegal transactions. The Credit Union will terminate or  You will be in default if you fail to make a payment, including a payment under paragraph 
        withdraw any product or service if used in an illegal manner or for an illegal transaction.  2, on time, twice during any 12-month period. You will also be in default if your ability to 
        You agree to hold harmless and indemnify Royal and reimburse Royal for losses incurred  repay us is materially reduced by bankruptcy or insolvency proceedings involving you, 
        as a result of using the card for any illegal transactions. your death, or your failure to abide by these regulations. We have the right to demand 
                                               immediate payment of your full account balance if you do not cure your default within 15 
       2. Credit Line
                                               calendar days after we send you a written notice of default. We have this right, without 
        We will establish a credit line for you and advise you of its amount. You agree not to let 
                                               notice, if the default is your third within 12 months, and we noti?ed you of the prior two 
        the account balance exceed the credit line, but you remain responsible for payment even 
                                               and you cured those defaults.
        if it does. Any account balance in excess of the credit line is payable immediately. We 
        reserve the right to increase or reduce your credit line from time to time without affecting  Your privilege of using the card and the account shall expire on the date shown on the 
        your obligation to pay the account balance. All Cards remain our property; and if we  card provided, however, if the card is used after the termination date, you shall remain 
        request, you must recover and surrender to us all cards we have issued on your account. responsible for any fees made after the expiration date. You may terminate your account 
                                               relationship with us at any time by surrendering to us all of your cards, but you will 
       3. Limitations of the Frequency and Dollar Amounts of Transfers remain liable to us for full payment of any balance of your account. We may revoke your 
        For security reasons, there are limitations on the number and dollar amount of cash  card at any time without prior noti?cation and without affecting your obligation to pay the 
        withdrawals you may make per day at an ATM or POS terminal.  There also may be  account balance.
        limitations on the total number and dollar amount of Visa merchant purchases or Visa 
        cash advances or Visa ATM withdrawals you may make each day. In the event of past due payments, a past due penalty rate not to exceed 18% annual 
                                               percentage rate for the underlying and penalty rate shall be applied until the account is 
        Royal reserves the right to make periodic risk assessments and to change your  brought current for six months.
        maximum daily limits without notice.  We will not reduce your daily limits below $100 
        without giving you prior notice.     8.  Monthly Payment
                                               Unless we are prevented by law or unless we believe that your account is uncollectible, 
        Individual terminals or terminal operators may also have limits on the frequency of cash 
                                               we will mail you a statement each month in which your account has a balance of $1 or 
        withdrawals or deposits performed at their terminals.
                                               more provided, however, that if more than one person is obligated for a card, we need 
       4. Finance Fee                          only to mail a statement to one of said persons. The fact that we do not send a monthly 
        The interest will be set on a variable rate. We may increase or decrease the annual  statement to each person obligated on a card shall not relieve any person to whom a 
        percentage rate beginning with the ?rst billing cycle of the next calendar quarter and  monthly statement is not sent from liability on the account. This statement will show 
        each calendar quarter thereafter. Each date on which the rate may be changed by us is  your previous balance, current transactions on your account, amount available under 
        called �change date�. The rate applicable to this card is based on an index. The annual  your credit line, fees and ?nance fees, new balance and minimum payments due. Each 
        percentage rate shall equal the highest prime rate published in the Wall Street Journal  month you must pay at least the minimum payment within 25 days after the statement 
        �Money Rate� tables on the last date of publication in the calendar month preceding each  closing date. You may, of course, pay more than the minimum payment; and if you pay 
        change date plus a margin of 4.5 percentage points. The minimum ?nance fee that will  the new balance in full, you may reduce or avoid additional ?nance fees unless you have 
        be imposed is $0.50. The calculation of annual percentage rate shall result in a minimum  a cash advance. Each minimum payment will be the greater of $10 or 3% of your new 
        rate of 8% and a maximum rate of the allowable usury ceiling. If we, on any change date  balance. A minimum payment is required for each statement period in which there is 
        fail to increase the rate in accordance with changes in the index, we will not carry over  a debit balance in your account; and any additional amount paid, while reducing your 
        and add any portion of that increase to any adjustment made on subsequent change  balance, will not prepay any future minimum payments. Any past due minimum payment 
        dates.                                 continues to be due immediately.
        In addition, there is a past due penalty rate such that the sum of the underlying interest  9.  Preauthorized Payments
        and this fee shall equal 18% per annum. It is applied in this fashion: should there be a  Upon your authorization, the preauthorized payments are to remain in full force 
        failure to have the account current for two months, then the interest rate, not to exceed  and effect until you cancel an online originated preauthorized payment using online 
        18% shall be imposed and shall continue for a period of six months during which there is  banking/business online banking, or provide Royal with a written request to terminate 
        no past due or payment less than called for in the note or agreement, in which event the  preauthorized payments that were set up in writing. If you request to change your 
        penalty rate shall be removed and the underlying rate applied as long as you are current. preauthorized payment, the current preauthorization must ?rst be cancelled and a new 
        4 (a) Cash advance and balance transfer ?nance fees accrue on the  preauthorized payment request must be initiated.
          outstanding daily balance from the date of advance or transfer through the date  If a preauthorized payment is returned unpaid, the payment to the credit card 
          paid.                                account will be reversed. Refer to �Service Fees� Disclosure.
          The balance of cash advances subject to ?nance fee is the average daily  You further understand and agree that Royal shall not be responsible for any act or 
          outstanding unpaid balance, which is determined by dividing the sum of the daily  failure to act on their part, except in the case of gross negligence or willful misconduct.  
          balances during the billing cycle by the number of days in the cycle. Each daily  Furthermore, you agree to hold Royal harmless from any claims, liabilities, attorneys� 
          balance of cash advances is determined by adding any new cash advances as of  fees, and other costs and expenses of any and every kind and nature which may be 
          the transaction date or the ?rst day of the billing cycle in which posted, whichever  incurred by reason of their performance under the Credit Card Preauthorized Payment 
          is later, to the previous balance excluding any unpaid ?nance fee, and subtracting  request.
          each payment and credit on the date of receipt.
                                             10. Foreign Transactions
        4 (b) The interest rate as stated in Section 4 (above) will be imposed on credit  If your card is used to initiate a cross border transaction, the transaction amount may 
          purchases of goods and services that you obtain through the use of your card only  be converted to US dollars using the exchange rate selected by Visa or Mastercard/
          if you elect not to pay the entire new balance shown on your previous monthly  Cirrus from the range of rates available in wholesale currency markets for the applicable 
          statement within 25 days from the closing date of the statement. If you elect not to  central processing date, which rate may vary from the rate Visa or Mastercard/Cirrus 
          pay the entire new balance shown on your previous monthly statement within 25  itself receives, or the government-mandated rate in effect for the applicable central 
          days from the closing date of the statement, a ?nance fee will be imposed on the  processing date. The date of the conversion may differ from the transaction date and 
          unpaid balance of credit purchases from the statement closing date and on credit  the posting date identi?ed in the monthly statement for your account. All international 
          purchases made during the current billing cycle from the transaction date of each  transactions are charged up to two percent (2%) for the Visa International Service 
          such credit purchase to the account and will continue to accrue until the closing  Assessment Fee or Mastercard Cross Border fee.
          date of the billing cycle preceding the date on which the entire new balance is paid 
          in full.
                                           - 14 -
       VISA VARIABLE RATE COMMERCIAL CREDIT CARD DISCLOSURE (CONT.)
       11. Disputes                          YOUR BILLING RIGHTS
        We are not responsible for the refusal or failure of any merchant, bank, or automated 
                                             Keep This Notice for Future Use
        equipment to honor or accept your card. Except as indicated in the Billing Rights 
                                             This notice contains important information about your rights and our responsibilities under 
        Summary below, we are not responsible for any goods or services you purchase 
                                             the Fair Credit Billing Act.
        with card credit and you must resolve all disputes directly with the merchant. It is 
        your responsibility to contact the merchant to cancel all preauthorized, recurring, and  In Case of Errors or Inquiries about Your Bill
        unauthorized charges. Canceling the card will not stop charges posting to the account. If you think your bill is wrong, or if you need more information about a transaction on your 
                                             bill, write us on a separate sheet of paper at:
       12. Use
        You authorize us to pay from your account all items re?ecting purchases or cash  Royal Cardholder Services 
        advances made with the Card in spite of the absence of your signature on a draft or the  Attn: Disputes & Inquiries 
        lack of presentation of the card.     PO Box 30495 
                                              Tampa, FL 33630-3495
        Notify us at once at 1-866-839-3485 in the U.S. and 727-570-4893 (collect) out of 
        the U.S. of any loss, theft, disappearance or possible unauthorized use of your card.  In your letter, give us the following information:
        Noti?cation to us is given when steps have been taken as may be reasonably required    � Your name and account number;
        in the ordinary course of business to provide us with the pertinent information about the    � The dollar amount of the suspected error;
        loss, theft, or possible unauthorized use of a credit card. Noti?cation may be given, at    � Describe the error and explain, if you can, why you believe there is an error. If 
        your option, in person, by telephone at the numbers above, or in writing. you need more information, describe the item you are unsure about;
        If you furnish your card or Personal Identi?cation Number (PIN) to another person; you    � Send a copy of the statement the disputed charge shows on.
        shall be deemed to have authorized all transactions that may be accomplished using  We must hear from you no later than 60 days after we sent you the ?rst bill on which the 
        the card or PIN until you have given actual notice to Royal that further transactions are  error or problem appeared. You can telephone us at 1-866-839-3485 or write.
        unauthorized. You shall be obligated to pay Royal the amount of any money, property, 
                                             Your Rights and Responsibilities After We Receive Your Written Notice
        or services obtained by the authorized use of the Card or PIN to the extent that Royal 
                                             We must acknowledge your letter within 30 days unless we have corrected the error by then. 
        is unable to charge such amounts to the account; and you hereby authorize Royal to 
                                             Within 90 days, we must either correct the error or explain why we believe the bill is correct.
        charge the amount of any such obligation to any other of your accounts at Royal. You 
        shall at all times:                  After we receive your letter, we cannot try to collect any amount you question or report you 
                                             as delinquent. We can continue to bill you for the amount you question, including ?nance 
        1.) Safely keep the card and PIN and not permit anyone else to use them;
                                             fees, and we can apply any unpaid amount against your credit limit. You do not have to pay 
        2.) Not record the PIN on or near the Card or otherwise disclose or make it 
                                             any questioned amount while we are investigating, but you are still obligated to pay the 
        available to anyone else;
                                             parts of your bill that are not in question.
        3.) Use the card, PIN, and terminals only as instructed and only for purposes 
        authorized by Royal;                 If we ?nd that we made a mistake on your bill, you will not have to pay any ?nance fees 
                                             related to any questioned amount. If we didn�t make a mistake, you may have to pay ?nance 
        Some terminal owners and or networks may impose additional transaction fees, which 
                                             fees, and you will have to make up any missed payments on the questioned amount. In 
        will be indicated at that terminal.
                                             either case, we will send a statement of the amount you owe and the date that it is due. If 
        If you give your card number to a merchant to have on ?le, or for a recurring payment,  you fail to pay the amount that we think you owe, we will report you as delinquent. However, 
        we may send account updates to that merchant. This includes, but is not limited to:  if our explanation does not satisfy you and you write to us within ten days telling us that you 
        new expiration dates and new account/card numbers. If you wish to not have us send  still refuse to pay, we must tell anyone we report you to that you have a question about your 
        updates, you may request us not to do so. Telephoning is the best way of doing this. Call  bill. We must also tell you the name of anyone we reported you to. We must tell anyone we 
        us at 715-833-8111 or 1-800-341-9911. If you cannot notify us by phone, you may notify  report you to that the matter has been settled between us when it ?nally is.
        Royal in person, or by writing us at:
        Credit Card Department 
        Royal Credit Union 
        PO Box 970 
        Eau Claire, WI 54702-0970
       13. Effect of and Fees in Regulations
        These regulations are the contract that applies to all transactions on your account even 
        though the sales, cash advances, or credit slips you sign contain different terms. We 
        may change these regulations from time to time by sending you advance written notice 
        and your use of the card or the account thereafter will indicate your agreement to those 
        changes. To the extent the law permits, and we indicate in our notice, amendments will 
        apply to existing account balances as well as future transactions. Our delay in exercising 
        or our failure to exercise any of our rights is not a waiver of those rights, and no waiver 
        is valid unless it is in writing and signed by us. You authorize us to investigate your 
        credit standing at any time and to disclose to others information relating to your credit 
        standing.
                                           - 15 -
       YOUR ABILITY TO WITHDRAW FUNDS AT ROYAL CREDIT UNION
       Applies to transaction accounts...
                                             LONGER DELAYS MAY APPLY
       DEPOSITS MADE IN PERSON AT ROYAL OFFICES In some cases, we will not make all of the funds that you deposit by check available to you 
       Our policy is to make funds from your cash and check deposits available to you on the ?rst  on the ?rst business day after the day of your deposit. Depending on the type of check that 
       business day after the day we receive your deposit. Electronic direct deposits will generally  you deposit, funds may not be available until the second business day after the day of your 
       be available on the day we receive the deposit. Once they are available, you can withdraw  deposit. The ?rst $200 of your deposits, however, may be available on the ?rst business day.
       the funds in cash and we will use the funds to pay checks that you have written.
                                             If we are not going to make all of the funds from your deposit available on the ?rst business 
       After we have made funds available to you and you have withdrawn the funds, you are still  day, we will notify you at the time you make your deposit. We will also tell you when the 
       responsible for checks you deposited that are returned to us unpaid for any reason. funds will be available. If your deposit is not made directly to one of our team members, or if 
       If you make a deposit before the posted closing time of the of?ce you are using, we will  we decide to take this action after you have left the premises, we will mail you the notice by 
       consider that day to be the date of deposit. However, for determining the availability of your  the day after we receive your deposit.
       deposits, every day is a business day, except Saturdays, Sundays, and federal holidays. If we cash a check for you that is drawn on another ?nancial institution, we may withhold the 
       DEPOSITS MADE THROUGH AN ATM          availability of a corresponding amount of funds that are already in your account. If withheld, 
       Royal�s policy is to make available immediately up to $200 of your total funds deposited  those funds would be available at the time funds from the check we cashed would have 
       daily through a terminal. The remaining funds will become available in compliance with  been available if you had deposited it. For example, if we cash a $200 check for you, $200 
       regulatory requirements. The balance of your deposited funds generally will be available the  of funds already in your account will not be available until the beginning of the third business 
       second business day following the day of deposit. day after the day we cashed the check. We will not notify you, if we delay your ability to 
                                             withdraw funds for the reason described in this paragraph, and we will tell you when the 
       After we have made funds available to you and you have withdrawn the funds, you are still 
                                             funds will be available.   
       responsible for checks you deposit that are returned to us unpaid for any reason.
                                             If you will need the funds from a deposit right away, you should ask us when the funds will 
       For determining the availability of your deposits made through a terminal, every day is 
                                             be available.
       a business day except Saturdays, Sundays, and federal holidays. If you make a deposit 
       through a terminal before 2:30 pm on a business day that we are open, we will consider that  In addition, funds you deposited by check may be delayed for a longer period under  the 
       day to be the day of your deposit. If you make a deposit through a terminal after 2:30 pm or  following circumstances:
       on a day we are not open, we consider that the deposit was made on the next business day    �  We believe a check you deposit will not be paid.
       we are open.                            �  You deposit checks totaling more than $5,000 on any one day.
       DEPOSITS MADE THROUGH A NIGHT DEPOSITORY LOCATED AT A ROYAL OFFICE   �  You redeposit a check that has been returned unpaid.
       Funds from your deposits made through a night depository are posted to your account by    �  You have overdrawn your account repeatedly in the last six months.
       the close of the business day we receive your deposit. At that time, in most cases you can    �  There is an emergency, such as failure of computer or communications 
       withdraw the funds in cash, and we will use the funds to pay checks that you have written. equipment.
       After we have made funds available to you and you have withdrawn the funds, you are still  We will notify you if we delay your ability to withdraw funds for any of these reasons, and we 
       responsible for checks you deposit that are returned to us unpaid for any reason. will tell you when the funds will be available. They will generally be available no later than 
                                             the fourth business day after the day of your deposit.
       For determining the availability of your deposits through a night depository, every day is a 
       business day except Saturdays, Sundays, and federal holidays. If you make a deposit before  SPECIAL RULES FOR NEW ACCOUNTS
       8:00 am on a business day that we are open, we will consider that day to be the day of your  If you are a new Member, the following special rules will apply during the ?rst 30 days your 
       deposit. However, if you make a deposit after 8:00 am or on a day we are not open, we  account is open.
       consider that the deposit was made on the next business day we are open. Funds from electronic direct deposits to your account will be available on the day we receive 
       DEPOSITS MADE FOR ONLINE ACCOUNT ORIGINATION OR THROUGH BILL PAY/ the deposit. Funds from deposits of cash, wire transfers, and the deposits of cashier�s, 
                                             certi?ed, teller�s, traveler�s, and federal, state and local government checks will be available 
       BUSINESS BILL PAY 
                                             on the ?rst business day after the day of your deposit if the deposit meets certain conditions. 
       Funds from your deposits made through the ACH system or from your debit or credit card 
                                             For example, the checks must be payable to you.  
       for online account origination and inbound transfers through Bill Pay/Business Bill Pay 
       will be made available on the third business day after the deposit is received by Royal. At  Funds from all other check deposits will be available on the ninth business day after the day 
       that time, you can withdraw the funds for cash and we will use the funds to pay items that  of your deposit.
       have been submitted for payment from your account. Every day is a business day except  *This funds availability policy applies only to transaction accounts. For checks that are 
       Saturday, Sunday, and federal holidays. deposited to non-transaction accounts and primary Savings Account, longer holds may 
       After we have made funds available to you and you have withdrawn the funds, you are still  apply.
       responsible for deposits you have made that are returned to us as unpaid for any reason.
                                           - 16 -
                                                                Your savings federally insured to $250,000
                                                                          National Credit Union
                                                                          Administration, a U.S.
                                     1-800-341-9911 � rcu.org             Government Agency
       842 10/01 (Rev. 1/17)