CREDIT CARD AGREEMENT & DISCLOSURE STATEMENT 

G-13636 

This Agreement applies to the VISA and/or MasterCard credit Card and Credit Devices issued to 
you by TIB-The Independent BankersBank, Oklahoma Branch, although the name on your Card 
may be that of a different  financial  institution.  Any Card or Credit Device  issued  to you by  us 
remains  our  property  and  must  be  returned  to  us  or  to  anyone  we  designate,  upon  request. 
Retaining, signing or using, or permitting others to use, the Card or Credit Device shall constitute 
the equivalent of signing this Agreement and such retaining, signing or using means you agree to 
be  bound  by  the  terms  of  this  Agreement.  The  Application  you  submitted  for  the  Account  is 
hereby  incorporated  into  and  made  a  part  of  this  Agreement.  This  Agreement  begins  on  the 
earlier of (i) the date you sign or otherwise submit an Application that is approved by us or (ii) 
the  first  date  you  or  someone  authorized  by  you  uses  the  Account  in  a  transaction  that  we 
approve  (in  NY,  the  first  date  you  or  someone  authorized  by  you  signs  a  sales  slip  or 
memorandum or the first date that another document is issued to you or someone authorized by 
you as evidence of a transaction on the Account that we approve). 

on the Check and  must be completed and  signed  in the same way as a regular personal check. 
You agree not to use your Special Checks to purchase or carry securities or to pay amounts you 
owe us under this Agreement. We are not obligated to pay a Special Check (a) if your resulting 
Account balance would exceed the Credit  Limit, (b)  if the Check  is dated  more than 6  months 
before it was presented to us for payment, (c) if a Special Check or Card has been reported lost or 
stolen, (d) if you are in default under this Agreement or a loan agreement with another lender, (e) 
if  you  or  we  have  terminated  your  ability  to  receive  further  credit  under  this  Agreement,  (f)  if 
you are insolvent, or (g) if your Card has expired. The amount of each Special Check paid by us, 
even  if  we  are  not  obligated  to  pay  it,  will  be  a  Cash  Advance.  Checks  paid  by  us  will  not  be 
returned to you with your monthly billing statement, but information about them will appear on 
such statement. You agree you will promptly review your monthly billing statement to discover 
any unauthorized or altered Special Checks.  You cannot put a stop-payment order on a Special 
Check. 

Definitions.    In  addition  to  other  terms  that  may  be  defined  in  this  Agreement,  the  following 
terms when used in this Agreement have the following definitions: 

1. 

2. 

3. 

4. 

5. 

6. 

7. 

8. 

9. 

10. 

11. 

"Account"  means  the  open-end  revolving  credit  account  established  pursuant  to  your 
Application  and  this  Agreement  to  which  charges  are  posted  based  on  use  of  a  Card, 
information  from  a  Card,  Credit  Device,  or  any  other  device  or  procedure  by  which  the 
Account may be accessed in the future. 

"Agreement"  means  this  Credit  Card  Agreement  plus  the  Disclosure  Statement,  which  is 
contained in the same envelope as, and folded together with, this Credit Card Agreement 
and which provides information on the periodic rate, the Annual Percentage Rate (APR), 
the  Interest  Charge  and  balance  on  which  it  is  determined,  any  Other  Charges,  cash 
advance fees, and any grace period applicable to the Account. The Disclosure Statement is 
incorporated  herein  by  reference  as  if  repeated  verbatim  herein.  If  any  provision  of  this 
Credit Card Agreement is inconsistent with any provision of the Disclosure Statement, the 
provision of the Disclosure Statement controls. 

"Application"  means  the  application  for  credit  you  completed  and  returned  to  the 
Sponsoring Bank to request that we extend credit to you under the Account. 

"Authorized User" means any person you permit to use the Account or who has apparent 
authority to use the Account. 

"Card"  means  the  VISA  and/or  MasterCard  credit  card(s)  issued  to  you  by  us,  and  any 
future credit card(s) issued to you in connection with the Account.  If you applied for more 
than one type of Card, this Agreement is a separate Agreement for each Card. 

“Cash Advance” means the amount requested by you and advanced to you by any method 
approved by us according to the terms of this Agreement in cash or cash equivalent items 
(including, but not limited to, money orders, travelers checks, lottery tickets, casino chips, 
vouchers redeemable for cash, or racetrack wagers). 

"Credit  Device"  means  any  device  such  as  a  blank  check,  payee-designated  check, 
"convenience" or "special" check, blank draft or  other order, or any other  device or  item 
which may, at our discretion and pursuant to procedures we may adopt from time to time, 
be issued by us to you to access the Account. 

"Credit  Limit"  means  the  total  dollar  amount  of  the  Account  which  we  approved  and 
which you may borrow against according to the terms of this Agreement. 

 “Other  Charges”  means  the  charges  listed  in  the  section  of  this  Agreement  with  such 
caption. 

"We," "us," and "our" mean TIB-The Independent BankersBank, Oklahoma Branch, 7136 
S.  Yale, Suite 300, Tulsa, Oklahoma 74136. 

"You"  and  "your"  refer  to  each  person  who  signed  an  application  for  the  Account,  each 
person who signs or uses the Card or a Credit Device, and any Authorized User. 

Fixed Annual Percentage Rate. The periodic rate that will be used to compute Interest Charge 
is a monthly rate which when multiplied by 12, equals the Annual Percentage Rate (APR) on the 
account.  The maximum APR allowed is 21% with a Periodic rate of 1.75%. The APR stated in 
the  Initial  Disclosure  Statement  is  the  rate  that  applies  to  this  agreement  and,  if  less  than  the 
maximum  allowable,  this  agreement  is  amended  to  provide  for  an  APR  as  stated  in  the  Initial 
Disclosure Statement.   

Purchases and Cash Advances.  You request and authorize us to extend credit to you under the 
Account as follows: (1) goods and services may be purchased or leased by uses of  the Card from 
any seller or vender who honors the Card (“Purchases”); (2) “Cash Advances” may be obtained 
(a) when you complete a written request on a form furnished to you by us or any other financial 
institution  we  approve;  (b)  using  the  Card  at  any  automatic  teller  machine  which  accepts  the 
Card, or (c) using a Credit Device to pay for Purchases or, when allowed, to receive cash.  We 
are not responsible for any person or entity refusing to accept the Card or any Credit Device for 
Purchases or Cash Advances.   

Promise  to  Pay.    You  promise  to  pay  us  for  all  Purchases  made  by  you  and  for  all  Cash 
Advances  received  by  you  except  as  limited  in  this  Agreement  regarding  your  liability  for 
unauthorized  use  of  a  Card  or  Credit  Device.    You  shall  be  jointly  and  severally  liable  for  all 
amounts  due  from  you  under  this  Agreement  for  Purchases,  Cash  Advances,  Interest  Charges, 
and Other Charges. 

Special Checks.  If Special Checks are issued from time to time for use with your Account, you 
may obtain what is deemed to be a Cash Advance under the Account by writing a check. Each 
Special Check must be in a form we have issued to you and must be imprinted with your name 
and the Account number. Special Checks may be used only by a person whose name is printed 

Refunds  and  Adjustments.    Any  refund,  adjustment,  or  credit  allowed  by  any  seller  or  other 
person  or  entity  shall  not  be  by  cash  but  rather  by  a  credit  to  the  Account  appearing  on  your 
monthly billing statement. 

Monthly  Billing  Statements.    Each  month  we  will  send  you  a  monthly  billing  statement 
reflecting  all  Purchases,  Cash  Advances,  Interest  Charges  and  Other  Charges  pursuant  to  this 
Agreement for the prior monthly period.  Such statements shall be deemed correct and accepted 
by  you  unless  you  notify  us  to  the  contrary  in  writing  within  60  days  of  our  mailing  such 
statement to you. 

Payments  on  the  Account.    Your  payment  under  the  Account  must  be  made  on  or  before  the 
"Payment Due Date" reflected on your monthly billing statement.  Your payment must be either 
the full amount billed or, at your option, an installment equal to at least the required "Minimum 
Payment  Due"  stated  on  the  billing  statement.    The  minimum  payment  will  equal  the  "New 
Balance" shown on your statement if that amount is less than $25.  If the New Balance exceeds 
$25,  the  minimum  payment  will  equal  the  greater  of  3%  of  the  New  Balance  or  $25,  plus  the 
entire portion of the New Balance in excess of your Credit Limit, plus any amount past due. 

Payments  must  be  made  in  U.S.  dollars  drawn  on  a  U.S.  Bank.    Transactions  in  foreign 
currencies  will  be  converted  to  U.S.  dollars  at  the  exchange  rate  used  at  the  time  of  the 
conversion.    The  conversion  may  occur  after  the  transaction  date  and  the  conversion  rate  may 
differ  from  the  rate  of  exchange  in  effect  at  the  time  of  the  transaction.    You  agree  to  pay  the 
converted amount to us in U.S. dollars, plus any charge for the conversion or processing that may 
be imposed. 

All  payments  on  the  account  must  be  made  at  the  address  shown  on  your  monthly  billing 
statement and are considered to have been made on the date received at that address.  If payment 
is  made  at  any  location  other  than  the  designated  address,  credit  for  such  payment  may  be 
delayed for up to 5 days.  As allowed by law, we may accept payments marked "payment in full" 
(or words of similar intent) without losing any of our rights to collect the full balance due under 
the  Account  and  this  Agreement.    We  will  apply  your  payments  to  the  unpaid  balance  of  the 
Account in the order and manner we decide, in our sole discretion. 

Payment  Holidays.    At  our  option  we  may  permit  you  from  time  to  time  to  skip  making  the 
Minimum Payment Due for a specified billing cycle (referred to as a "payment holiday").  Even 
if you accept such a payment holiday, we will continue to assess Interest Charges on the unpaid 
balance of the Account as disclosed in the Insert.  Any payment holiday we permit will not affect 
the terms of this Agreement.  The terms of this Agreement remain in force regardless of whether 
you accept a payment holiday. 

Credit Limit.  You agree not to use or permit others to use the Card, information from the Card, 
or Credit Device if such use would cause the balance of the Account to exceed the Credit Limit 
we  set  from  time  to  time.    The  initial  Credit  Limit  for  the  Account  is  shown  on  the  material 
accompanying the Card before the Account is used and will also be disclosed on each monthly 
billing  statement  for  the  Account.    We  may,  at  our  option,  extend  credit  under  the  Account, 
which exceed the Credit Limit.  If we do so, you agree to immediately pay the excess.  We are 
not obligated to allow any Purchase or Cash Advance which will exceed your Credit Limit and if 
we  do,  we  are  not  obligated  to  allow  any  Purchase  or  Cash  Advance  which  will  exceed  your 
Credit  Limit  and  if  we  do,  we  are  not  obligated  to  do  so  at  a  later  time.    You  agree  we  may 
change your Credit Limit or cancel the Account if you exceed the Credit Limit. 

Transactions Made in Foreign Currencies.  If a transaction is made in a foreign currency, we 
and  MasterCard  International  or  VISA  International,  depending  on  which  card  is  used,  will 
convert the transaction into a U.S. dollar amount.   MasterCard and VISA will act in accordance 
with their operating regulations or conversion procedures in effect at the time the transaction is 
processed. Currently, their regulations and procedures provide that the currency conversion rate 
they use, to determine the transaction amount in U.S. dollar, is either (a) a wholesale market rate, 
or (b) a government-mandated rate in effect one day prior to the processing date. MasterCard and 
VISA increase this conversion rate by one percent (1%) and keep this increase as compensation 
for  performing  the  currency  conversion  service.    We  will  charge  you  one  percent  (1%)  of  the 
U.S.  dollar  amount  of  the  transaction  converted  from  a  foreign  currency.  The  currency 
conversion rate calculated in this manner that is in effect on the processing date may differ from 
the rate in effect on the transaction date or posting date. 

Other Charges.  You agree we may access, in addition to the Interest Charge, the Other Charges 
below  which  will  be  earned  when  accessed  and  are  not  subject  to  refund  or  rebate.    The 
following fees may be added, as applicable, to the Account and treated as a Purchase as indicated 
on the Insert: 

1. 

Annual  Fee.  A  non-refundable  annual  membership  fee  may  be  charged  to  the  Account 
during the month following issuance or re-issuance of the Card and will be posted annually 
on the anniversary date of the opening of the Account.  The annual membership fee is not 
refundable even if the Account is closed for any reason by either you or us, and the fee is a 
condition  of  maintaining  the  Account  whether  or  not  you  use  the  account  by  making 
Purchases or receiving Cash Advances. 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2. 

3. 

4. 

Late Fee.  If the minimum required payment is not received by the Payment Due Date for 
that billing cycle, we may assess a $25 late charge on the Account.   

Returned Payment Fee. We will charge $25 for each return by a bank or other depository 
institution of a dishonored check, negotiable order of withdrawal or share draft issued by 
you to us in connection with the Account.  This fee will be in addition to all other  Interest 
Charges and Other Charges we may collect from you and is not subject to refund or rebate. 

Cash  Advance  Fee.    If  you  request  a  Cash  Advance,  in  addition  to  the  Interest  Charge 
which will accrue on the Cash Advance, you agree to pay a fee of  two percent 2% of the 
amount  of  the  Cash  Advance  subject  to  a  minimum  fee  of  $2.00  and  a  maximum  fee  of 
$25.00. 

5. 

International  Transactions  Fee.    One  percent  (1%)  of  the  U.S.  dollar  amount  of  the 
transaction converted from a foreign currency. 

Termination;  Default.    We  may  reduce  the  Credit  Limit  or  terminate  your  ability  to  receive 
further credit under this Agreement at any time without notice.  You may terminate your ability 
to receive further credit under this Agreement by giving us notice of termination and returning to 
us  all  Cards  and  Credit  Devices.    Termination  by  you  will  be  effective  on  the  date  we  receive 
written notice from you along with the Cards and Credit Devices (unless they are lost or stolen, 
in which case you agree to sign an affidavit to that effect and stating that no credit received after 
the date of loss or theft was authorized by you). 

You will be in default under this Agreement if any of the following events occur:  (1) you fail to 
make the required payment when due; (2) you fail to perform or abide by any of your agreements 
or  obligations  under  this  Agreement  or  any  other  loan  agreement  you  have  with  us;  (3)  you 
become  insolvent  (meaning  your  liabilities  exceed  your  assets  or  you  are  unable  to  pay  your 
debts  as  they  become  due);  (4)  any  action  is  taken  by  or  against  you  under  any  bankruptcy  or 
insolvency laws; (5) any attachment or garnishment proceedings are initiated against you; (6) you 
die or are declared incompetent; (7) we, in good faith, believe the prospect of your payment or 
performance  under  this  Agreement  is  impaired;  or  (8)  you  fail  or  refuse  to  provide  current 
financial information to us when we request it. 

On any termination or default, regardless of any unused credit you may have under the Account, 
all amounts  you owe  under the  Account and this  Agreement will become  immediately due and 
payable  in  full.    You  must  also  return  to  us  all  Cards  and  Credit  Devices  issued  to  you  in 
connection with the Account.  Termination or default shall not release you from any obligation 
you have incurred under this Agreement.  After termination or default, your obligations and our 
rights  under  this  Agreement  shall  remain  effective  until  the  entire  outstanding  balance  of  the 
Account is paid in full. 

$50.  If unauthorized use of a Credit Device occurs, you may be liable for all of the unauthorized 
use. 
State Law Disclosures.   CA Residents: Interest  is compounded  on  unpaid Interest  Charges  on 
Purchases,  Cash  Advances  and  Balance  Transfers.    MD  Residents:  You  have  the  right  under 
Section  12-510  of  the  Commercial  Law  Code  to  receive  an  answer  to  a  written  inquiry 
concerning  the  status  of  your  Account.  NJ  Residents:  Because  certain  provisions  of  this 
Agreement  are  subject  to  applicable  laws,  they  may  be  void,  unenforceable  or  inapplicable  in 
some jurisdictions. None of these provisions, however, is void, unenforceable or inapplicable in 
New Jersey. 

YOUR BILLING RIGHTS - KEEP THIS NOTICE FOR FUTURE USE 

This notice tells you about your rights and our responsibilities under the Fair Credit Billing 
Act. 

What to do if you find a mistake on your statement. 

If you think there is an error on your statement, write to us at BBCS, Attn:  Dispute Department, 
1550 North Brown Road, Suite 150, Lawrenceville, GA  30043 as soon as possible. 

In your letter, give us the following information: 

*  Account information:  Your name and Account number. 
*  Dollar amount:  The dollar amount of the suspected error. 
*  Description of problem:  If you think there is an error on your bill, describe what 

you believe is wrong and why you believe it is a mistake. 

You  must  contact  us  within  60  days  after  the  error  appeared  on  your  statement  and  at  least  3 
business  days  before  an  automated  payment  is  scheduled,  if  you  want  to  stop  payment  on  the 
amount you think is wrong. 

You must notify us of any potential errors in writing.  You may call us, but if you do we are not 
required to investigate any potential errors and you may have to pay the amount in question. 

What will happen after we receive your letter. 

When we receive you letter, we must do two things: 

1.  Within 30 days of receiving your letter, we must tell you that we received your letter.  

We will also tell you if we have already corrected the error. 

2.  Within 90 days of receiving  your  letter, we  must either correct the error or explain to 

you why we believe the bill is correct. 

Attorneys Fees and Costs.  To the extent permitted by law, you agree to pay our attorneys fees 
and  other  costs  we  incur  if  you  are  in  default  and  we  hire  an  attorney  who  is  not  our  salaried 
employee to collect amounts you owe under the Account and this Agreement.  Amounts you owe 
for attorneys' fees will be added to the outstanding balance of the Account as a Purchase whether 
or not your right to receive credit has terminated or you are in default. 

While we investigate whether or not there has been an error, we cannot try to collect the amount 
in question, or report you as delinquent on the amount.  The charge in question may remain on 
your statement, and we  may continue to charge you interest on that amount.  While you do not 
have to pay the amount in question, you are responsible for the remainder of your balance.  We 
can apply any unpaid amount against your credit limit. 

Amendment  to  this  Agreement.    This  Agreement,  and  the  terms  of  the  Account,  may  be 
amended  by  us  if  we  send  you  written  notice  of  the  amendment  prior  to  its  effective  date  as 
required  by  law.    As  of  the  amendment's  effective  date,  the  change  in  terms  will  apply  to  the 
entire  outstanding  balance  of  the  Account  as  well  as  Purchases  made  and  Cash  Advances  and 
Balance Transfers received after the effective date of the amendment.  If you do not agree to the 
amendment, your only option is termination under this Agreement. 

Governing  Law;  Severability.    You  agree  that  your  obligations  under  this  Agreement 
represented  by  charges  to  the  Account  are  contracted  for  and  become  binding  when  the  sales 
drafts, credit card slips, or other Credit Devices are accepted by us and we cause the holders of 
the same to be paid.  You agree that these events occur in Oklahoma and that Oklahoma law will 
govern the interpretation and operation of this Agreement as well as any controversy arising out 
of  this  Agreement.    If  any  provision  of  this  Agreement  conflicts  with  the  law,  you  agree  the 
provision will be  viewed as  if  it was amended to comply with the  law.   If that  is  not possible, 
then only the provision that conflicts with the law will be deleted.  The remaining provisions of 
this Agreement will remain effective. 

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

1. 

2. 

If we made a mistake:  You will not have to pay the amount in question or any interest 
or other fees related to that amount. 
If we do not believe there was a mistake:  You will have to pay the amount in question, 
along with applicable  interest and  fees.   We will send  you a statement  of the amount 
you owe and the date payment is due.  We may then report you as delinquent if you do 
not pay the amount we think you owe. 

If you receive our explanation but still believe your bill is wrong, you must write to us within 10 
days  telling  us  that  you  still  refuse  to  pay.    If  you  do  so,  we  cannot  report  you  as  delinquent 
without also reporting that you are questioning your bill.  We must tell you the name of anyone 
to  whom  we  reported  you  as  delinquent,  and  we  must  let  those  organizations  know  when  the 
matter has been settled between us. 

If we do not follow all of the rules above, you do not have to pay the first $50 of the amount you 
question even if your bill is correct. 

Credit Reports.  You agree that we may obtain consumer credit reports from one or more credit 
reporting agencies or others in connection with opening or maintaining the Account, increasing 
the Credit Limit under the Account, or making any extension of credit to you under the Account.  
We  may  also  ask  you  for  additional  information  in  connection  with  the  Account  and  request 
credit reports to verify your current credit standing.  You agree that we may release information 
to  others,  such  as  credit  reporting  agencies,  regarding  the  status  and  history  of  the  Account.  
However, we are not obligated to release any such information unless required by law. 

Change  in Marital Status.   A change  in  marital status between any of  you will  not affect the 
individual liability of any of you under this Agreement.  Your liability for debt incurred after a 
change in status does not end until all Cards and Credit Devices are returned to us, even if you 
give us notice of the change in status and notice that further use by any person is unauthorized. 

Notices.  Notices given under this Agreement or relating to the Account will be effective only if 
given  in  writing  to  us  at  TIB-The  Independent  BankersBank,  P.O  Box  569120,  Dallas,  Texas 
75356-9120,  and  to  you  at  your  last  address  shown  on  our  records.    You  agree  to  notify  us 
immediately  if  your  address  changes  from  that  shown  on  the  application  you  submitted  in 
connection with opening the Account. 

Liability for Unauthorized Use.  If any Card is lost or stolen or otherwise may be used without 
your permission (express or implied), you must immediately notify us orally or in writing at the 
following phone number or address:  1-800-367-7576 or at TIB-The Independent BankersBank, 
P.O  Box  569120,  Dallas, Texas 75356-9120.  If  unauthorized  use  of a Card occurs  before  you 
notify us of the loss, theft or unauthorized use, you may be liable up to a maximum amount of 

Your rights if you are dissatisfied with your credit card purchases. 

If you are dissatisfied with the goods or services that you have purchased with your Credit Card, 
and you have tried in good faith to correct the problem with the merchant, you may have the right 
not to pay the remaining amount due on the purchase.  To use this right, all of the following must 
be true: 

1. 

2. 

3. 

The  purchase  must  have  been  made  in  your  home  state  or  within  100  miles  of 
your current mailing address, and the purchase price must have been more than 
$50.    (Note:    Neither  of  these  are  necessary  if  your  purchase  was  based  on  an 
advertisement  we  mailed  to  you,  or  if  we  own  the  company  that  sold  you  the 
goods or services.) 
You must have used your credit card for the purchase.  Purchases made with cash 
advances from an ATM or with a check that accesses your credit card account do 
not qualify. 
You must not yet have fully paid for the purchase. 

If all of the criteria above are met and you are still dissatisfied with the purchase, contact 
us  in  writing  at  BBCS,  Attn:    Dispute  Department,  1550  North  Brown  Road,  Suite  150, 
Lawrenceville, GA  30043. 

While  we  investigate,  the  same  rules  apply  to  the  disputed  amount  as  discussed  above.  
After we finish our investigation, we will tell you our decision.  At that point, if we think 
you owe an amount and you do not pay, we may report you as delinquent. 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
DISCLOSURE STATEMENT 

The Credit Card Agreement & Disclosure Statement constitutes the Agreement for the Account. 

Classic & Premium Cards 

Interest Rates and Interest Charges 

Annual Percentage Rate 
(APR) for Purchases 

APR for Cash Advances 

14.00% 

14.00% 

How to Avoid Paying 
Interest on Purchases 

Your due date is at least 25 days after the close of 
each billing cycle.  We will not charge you any 
interest on purchases if you pay your entire balance 
by the due date each month. 

For Credit Card Tips from 
the Consumer Financial 
Protection Bureau 

To learn more about factors to consider when 
applying for or using a credit card, visit the website 
of the Consumer Financial Protection Bureau at 
http://www.consumerfinance.gov/credit-cards/. 

Fees 

Annual Fee 

Transaction Fees: 

Cash Advance 

No Annual Fee with the exception of Preferred 
Points which is $35. 

Either $2 or 2% of the amount of each cash advance, 
whichever is greater (maximum fee of  $25). 

International Transaction 

1% of each transaction in U.S. dollars. 

Penalty Fees: 

Late Payment 

Returned Payment 

$25 

$25 

How  We  will  Calculate  Your  Balance:    We  use  a  method  called  “average  daily 
balance (including new purchases).”  See your account agreement for more details. 

Billing Rights:  Information on your rights to dispute transactions and how to exercise 
those rights is provided in your account agreement. 

The issuer and administrator of the credit card program is TIB-The Independent 
BankersBank. The information about the cost of the Card described in this table is 
accurate as of September 1, 2012.  This information may change after that date.  To 
find out what may have changed, call us at 800-367-7576 or write TIB-The 
Independent BankersBank, P.O. Box 569120, Dallas, Texas 75356-9120. 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
How Interest Charges are Determined & When They are Imposed 

Interest Charges on the Account will be figured on each monthly billing statement by applying the periodic rate to the 
total Balance Subject to Interest Charges.  The periodic rate used to compute Interest Charges is disclosed above and is a 
monthly  rate  which,  when  multiplied  by  12,  equals  the  APR  disclosed  above.  If  you  obtain  Cash  Advances,  Balance 
Transfers or elect to pay for Purchases in installments, each periodic statement will include an Interest Charge.  There is 
no  minimum  Interest  Charge.    In  connection  with  Cash  Advances  and  Balance  Transfers,  the  first  monthly  billing 
statement  after  you  receive  a  Cash  Advance  or  Balance  Transfer  will  include  an  Interest  Charge  from  the  date  the 
transaction is posted to your Account. 

Interest  Charges  will  not  be  imposed  on  purchases  posted  to  your  account  in  certain  circumstances.   For  example, 
assuming that billing cycles begin on the first day and end on the last day of each calendar month, and the month of June 
is the “current” billing cycle: if (1) the purchase balance at the end of the preceding May billing cycle is paid in full by 
the payment due date (in June) for the May billing cycle and (2) the purchase balance at the end of the June billing cycle 
is paid in full by its payment due date (in July), no Interest Charges will be imposed on purchases posted to the account 
during June.  However, if the purchase balance of the May billing cycle is not paid in full by its payment due date in 
June, Interest Charges will be imposed on purchases posted to the account in June from the date of such posting.  If the 
June purchase balance is not paid in full by its payment due date in July, Interest Charges will be imposed from the first 
day of the July billing cycle on, but only on, the portion of June purchases not paid by the payment due date in July. 

Any portion of the New Balance appearing on a monthly billing statement (including Cash Advances, Balance Transfers, 
Purchases, Interest Charge and Other Charges) which is not paid in full and credited to the Account by the “Payment Due 
Date” shown on that statement becomes part of the “Previous Balance” on your next monthly billing statement. 

All  payments  received  by  5:00  p.m.  during  our  normal  business  day  at  the  address  indicated  on  the  monthly  billing 
statement will be credited to the Account as of the date of receipt of payment.  If payment is made at any location other 
than such address, credit for the payment may be delayed up to 5 days. 

Method of Computing Balance Subject to Interest Charge 

The Balance Subject to an Interest Charge is the sum of the “Average Daily Balance” for Purchases and the “Average 
Daily Balance” for Cash Advances and Balance Transfers, computed as follows: 

The Average Daily Balance for Purchases is computed by adding each day’s ending balance for the current billing cycle 
(less  any  Interest  Charge  included  therein  and  excluding  any  Cash  Advances  and  Balance  Transfers  made  during  the 
current billing cycle), and dividing the total of such balances by the number of days in the billing cycle.  Such total will 
include Purchases and debit adjustments made during the current billing cycle only if you have not paid in full the New 
Balance  figure  from  the  previous  statement  as indicated  by  a  “Payment”  figure equal to  or  greater than  the  “Previous 
Balance” figure under the Summary of Transactions on the statement for the current billing cycle. 

The  Average  Daily  Balance  for  Cash  Advances  and Balance Transfers  is  computed  by  adding  each  day’s  outstanding 
balance of Cash Advances and Balance Transfers charged to the Account during the current billing cycle, and dividing 
the total of such balances by the number of days in the billing cycle. 

If the Cash Advance and Balance Transfer portion of the New Balance and the Interest Charge applicable thereto are not 
paid  in  full  and  credited  to  the  Account  by  the  “Payment  Due  Date”  shown  on  the  first  monthly  billing  statement  to 
which the Cash Advance and Balance Transfer is billed, any balance remaining becomes a part of the “Previous Balance” 
on Cardholder’s next periodic statement and is computed as part of the Average Daily Balance for Purchases. 

IMPORTANT:  RETAIN THIS INSERT AS PART OF YOUR CREDIT AGREEMENT 

2723 – 4193 4974 8189 8601 – LA14/FA14 (Rev. 09/12)