� 2015 STCU / Farleigh Wada Witt  MC10 02 031121  STCU Rewards & Premier Rewards World Mastercard
� Credit Card Agreement 
This Credit Card Agreement (Agreement) and the Account Disclosures accompanying this Agreement will govern your STCU Rewards and STCU Premier Rewards World Mastercard Credit Card and account issued by Spokane Teachers Credit Union (�STCU�). The terms and conditions of this Agreement will apply the same to both the STCU Rewards and STCU Premier Rewards programs except as specifically provided. 
In this Agreement the words �you,� �your,� �yours�, �applicant,� and �Borrowers� mean any person who signs the application for this Account, any joint obligor, guarantor, authorized user, or the person whose name is embossed on the Card. The words �we,� �us,� �our,� and �Credit Union� mean Spokane Teachers Credit Union. The word �Card� means any one or more credit cards issued under this Account. If you sign an application for this Account or sign or use any Card or PlN, or allow others to use the Card or PlN, you and they will have accepted this Agreement just as if you and they signed it, and you and they, jointly and severally, will be bound by the following terms and conditions which govern this Account.  
1.YOU PROMISE TO PAY. Y ou promise to pay us all amounts, plusany Interest Charges, which arise from use of the Card or Account byyou or any other person, and to be jointly and severally liable with suc
h
a person, unless such other person does not have actual, implied, orapparent authority for such use, and you received no benefit from theuse. You promise to pay us either by direct payment or by automatictransfers from your accounts.
2.PURCHASES, CASH AND OVERDRAFT ADVANCES.  Y ou must sign the Card to use it. Once you have signed the Card, you can use itto buy or lease goods, services, or insurance wherever the Card ishonored, up to the full amount of your Credit Line. You may use yourAccount to get cash advances from us. You may also use your Card t
o
get a cash advance at ATMs, our branch offices, and at participati
ng
financ
ial institutions. In addition, you may obtain cash advances byoverdrawing your account. Loan overdraft transfers will be made in t
he
am
ount necessary to cover each overdraft. You authorize us to char
ge
y
our account and deposit such funds to your account. You underst
and
t
hat you will be liable for overdraft advances accessed by anyauthorized person on your checking account. If we approve, you mayobtain advances under your account by writing pre- print
ed
c
onvenience checks that we supply to you. Your us e of convenienc
e
c
hecks will be shown as purchase advances on your monthlystatement. We may not honor your promotional check if: your check ispostdated; payment of promotional check would exceed your creditlimit; a promotional check is signed by a person without authoriz
ed
ac
cess to your account; the amount of the promotional check is lessthan the minimum required amount; your account has been terminat
ed
or
 suspended or any promotional checks have been reported lost orstolen. You may stop payment on a promotional check if you provi
de
us
 with the exact information describing the check and providing uswith adequate notice to act on the stop payment instruction. If you giv
e
us
 incorrect information, we will not be responsible for failing to st
op
pay
ment of the promotional check and you will be responsible forrepayment of the amount of the check. You understand there may be 
a
c
harge for each stop payment order requested and any promotionalcheck returned. Our liability for wrongful dishonor is limited to y our actual damages; however, a dishonor for reasons stated above is not
 a
w
rongful dishonor.
3.CRE DIT LINE. I f your application is approved by us, this Agreementwill constitute a revolving line of credit for an amount which will be th
e
Credit Line under your Account. We will advise you of the amount ofyour Credit Line. That amount will be the maximum amount you mayhave outstanding at any one time. We retain the right to increase ordecrease your Credit Line at any time. Any increase or reduction in theamount of your Credit Line will be shown on your monthly statement orby separate notice together with any changes in the applicabl
e
M
inimum Monthly Payments. Your eligibility for this Credit Line isdetermined by our loan policy and may be terminated at our sole discretion, without demand or notice. You may close your Credit Line at any time by notifying us in writing and returning all Cards cut in half. If you terminate this Agreement or if we terminate or suspend your credit privileges, the provisions of this Agreement and your liability hereunder shall otherwise remain in full force and effect until you have paid us all sums due us under this Agreement and returned all Cards.  4.MONTHLY PAYMENT. W e will mail you a statement every month ifyour Account has a balance.  You agree that you will pay each mont
h
not less than the minimum monthly payment on or before thescheduled monthly due date.  The minimum monthly payment will
 be
2.0% of your outstanding balance (�New Balance�) or $25.00,whichever is greater.  If your outstanding balance is $25.00 or less,you agree to pay the balance in full.  You may pay in full for all yourpurchases and cash advances each month, or you may repay inmonthly installments.  We can accept late payments or partialpayments, or checks, drafts or money orders marked �payment in full�without prejudice to our rights under this Agreement, which are herebyexplicitly reserved.  A credit posting from a merchant or reversal offees do not constitute a minimum payment.  The minimum monthly payment may be allocated at STCU�s discretion to pay off lower rat
e
bal
ances, such as promotional offers, before higher rate balances,such as cash advances or purchases.  Payments in excess of t
he
m
inimum monthly payment will be allocated first to  higher rat
e
bal
ances, as applicable.  From time to time, we may allow you to ski
p
y
our minimum monthly payment due.  If you choose to skip thatpayment, Interest Charges will continue to accrue in accordance wit
h
t
his Agreement.  Payments received at:  ST CU, PO Box 37035, Boone, IA 50037-0035 at or before 5:00 PM Central Time on anybusiness day will be credited to your Account as of that date; paymentsreceived by mail at that address after 5:00 PM Central Time, on
 a
w
eekend or federal holiday will be posted to your Account as of t
he
nex
t business day.  Payment crediting to your Account may be delay
ed
up t
o five days if your payment is received by mail at any other addressor not accompanied by the remittance portion of your Accountstatement.
5.SECURITY I NTEREST/PLEDGE OF SHARES. To secure your Account, you grant us a purchase money security interest under theUniform Commercial Code in any goods you purchase through yourAccount. If you default, we will have the right to recover any of thes
e
goods which have not been paid for through application of yourpayments. You agree Collateral securing other consumer loans wit
h
S
TCU (except loans secured by real property) will also secure thisAccount. You also pledge all of your present and future shares and anyearnings thereon as security for obligations under your account. Yo
u
under
stand that if you default on your Account we may apply all that ispledged to your Account (IRA and Keogh accounts are excluded fromthe Pledge of Shares).
6.MONTHLY STATEMENTS. Eac h month, we will send y ou a
statement showing new purchases, cash advances, balance transfers,payments, and credits made to your Account during the billing cycle,your Previous Balance, your �Total New Balance,� any Interest Charges, and any other charges. Your statement also will identify th
e
remaining credit limit available and the Minimum Monthly Payment y
ou
m
ust make for that billing period and the date it is due. You agree toretain for statement verification copies of transaction slips resulti
ng
fro
m each purchase, each advance, and other transactions on yourAccount. Unless you notify us of a billing error as described below, y
ou
ac
cept your monthly statement as an accurate statement of yourAccount with us.
7.INTEREST CHARGES. T he total outstanding balance of purchases,balance transfers and cash advances in the Account on the closingdate of a billing cycle, including any Interest Charges will be show
n on
the Monthly Statement for that billing cycle as the �New Balance.�
(a)Cash/Overdraft Advances. A n Interest Charge will be imposed on cash and overdraft advances from the advance posted to youraccount to the date paid. There is no time period within which to pay t
o
avoid a periodic Interest Charge on cash and overdraft advances. I
n
addition there is a cash advance fee (Interest Charge) of 3% of theamount of each advance ($5 minimum).  
� 2015 STCU / Farleigh Wada Witt  MC10 02 031121  
 (b) Balance Transfers. An Interest Charge will be imposed on the portion of balance transfers included in the New Balance that remains unpaid within 23 days after the closing date.  This �grace period� allows you to avoid an Interest Charge on balance transfers for a billing cycle. However, if you do not pay the New Balance for balance transfers within the grace period, your Interest Charge  will accrue on any unpaid balance transfer transactions from the date of balance transfer. In addition there is a balance transfer fee ( Interest Charge) of 3% of the amount of each advance ($5 minimum).  
 
(c) Purchases. An Interest Charge will be imposed on the portion of purchases included in the New Balance that remains unpaid within 23 days after the closing date.  This �grace period� allows you to avoid an Interest Charge on purchases for a billing cycle.  However, if you do not pay the New Balance for purchases within the grace period, your Interest Charge will accrue on any unpaid purchase transactions from the date of purchase. 
 
8. CALCULATING INTEREST CHARGES.  
 
(a) Average Daily Balance. The Interest Charge imposed on purchases, balance transfers and cash advances with respect to a Billing Cycle will be determined by multiplying the Average Daily Balance of purchases, balance transfers and cash advances by a Daily Periodic Rate. The Average Daily Balance for  purchases, balance transfers and cash advances are calculated separately. We take the beginning balance of cash advances,  balance transfers or purchases in your account each day then, in the sequence in which the amounts post to your account add any new cash advances, balance transfers and purchases (whichever are applicable) and subtract any payments or credits (and unpaid Interest Charges and late charges). This gives us the Daily Balance for that day. Then we add up all the Daily Balances of cash advances, balance transfers, and purchases for the billing cycle and divide the totals by the number of days in the billing cycle. This gives us the �Average Daily Balances� for purchases, balance transfers and cash advances. Interest Charges start to accrue on cash advances, balance transfers and purchases from the date the cash advance, balance transfers or purchase is posted to your Account, and your Account balance is reduced when STCU receives your payment or enters a credit. However, a portion of your balance that is the result of purchases and balance transfers has a different treatment if you pay that entire portion by at least twenty -three (23) days after we send your billing statement.  An Interest Charge will be imposed on the portion of purchases and balance transfers included in the New Balance that remains unpaid within 23 days effective the opening date of the following billing cycle.  Your cash advance balances have no grace period in which to avoid an Interest Charge.  
 
(b) VARIABLE INTEREST RATE. Your Account has a variable rate feature and the Periodic Rate and corresponding Annual Percentage Rate (Interest Rate) may change each mon th with changes in the index. The total of the index plus the margin amount that we add is the Interest Rate. The Interest Rate includes only interest and no other costs.  The Interest Rate is based on the value of an index and can change monthly effective the first day of the billing cycle.  The index is the highest U.S. Prime Rate published in the Money Rates section of The Wall Street Journal on the third Tuesday of February, May, August, and November of each year �Prime Rate�. If the Prime Rate changes, any new rate will be applied as of the first day of your billing cycle that begins in March, June, September, and December of each year. If the APR increases, you will pay a higher Interest Charge and may pay a higher minimum payment. The Prime Rate is si mply a reference index and is not the lowest interest rate available. If The Wall Street Journal stops publishing the Prime Rate, we will select a similar reference rate. STCU adds a margin to the index, based on your creditworthiness. The margin for purchases, cash advances and balance transfers will fall within a range based upon your credit worthiness: 
 
Margin Range Non-introductory Purchase APR:  Prime Rate plus a margin of 6.24% to 16.24%. 
 
Non-introductory Balance Transfer APR:  Prime Rate plus a margin of 6.24% to 16.24%. 
 
Cash Advance APR:  Prime Rate plus a margin of 12.24% to 20.24%.  
The current Interest Rate that will apply to your Account will be shown on a separate disclosure at account opening.  
 
The Credit Union may offer introductory and promotional Annual Percentage Rates from time to time. At the end of any introductory or promotional period, the standard Annual Percentage Rate applicable to your account will apply. The Annual Percentage Rate applicable to your account will be disclosed to you with your Card and shown on each monthly statement. The �Total Interest Charge� shown on your monthly statement consists of the periodic Interest Charge on purchases, the periodic Interest Charge on cash advances, and the periodic Interest Charge on balance transfers. 
 
9. Fees and Charges. We may impose fees and charges on your Account as set forth below.  STCU reserves the right to assess other fees in the future. You will be notified of any new fees as required by law. 
 
(a) Annual Fee. For the STCU Premier Rewards World Mastercard  there is an Annual Fee of $49 (after the first year). There is no Annual Fee for the STCU Rewards World Mastercard. 
 
(b) Late Fee. You agree to pay a late fee of $25.00 for each minimum payment not paid by payment due date. 
 
(c) Stop Payment Fee. There is a $25.00 fee for any stop payment order you order on a convenience check drawn on your account and a $5.00 fee for any recurring stop payment request.  
 
(d) Returned Payment Fee. A $25.00 fee will be assessed against your Account when a check submitted for payment on the Account is returned, regardless of the reason. 
 
(e) Returned Item Fee. A $25.00 fee will be assessed against your Account for each convenience check returned, regardless of the reason. 
 
(f) Research and Copying Fees. We may charge you $25.00 per hour (minimum $5.00) of research required if you request copies of any items or documents related to your Account. There is a $2.00 charge for each statement copy you request and $12.00 per copy for any transaction documents you request. If the request relates to a billing error and we determine that a billing error was made, any copying charges will be refunded.   
 
(g) PIN Change/Replacement Fee. A $2.00 charge may be assessed against your Account for each PIN change/replacement you request. 
 
(h) Card Replacement Delivery Fee. You agree to pay a $5.00 fee for delivery of your replacement card. Rush delivery is an additional charge. 
 
(i) Foreign Transaction Fees. Purchase and cash advance transactions made in or with merchants located in foreign countries will be billed to you in U.S. dollars.  The currency conversion rate for international transactions as established by Mastercard International, Inc., is a rate selected by Mastercard from the range of rates available in wholesale currency markets for the applicable central processing date, which rate may vary from the rate Mastercard itself receives or the government-mandated rate in effect for the applicable central processing date.  In addition for STCU Rewards Cards, you will be charged an International Transaction Fee of 2% of the transaction amount for any card transaction made in or with merchants located in a foreign country.This fee is waived for our STCU Premier Rewards World Mastercard cardholders.  
 
(j) ATM Surcharge Fees. If you use an ATM to obtain a cash advance and the ATM is not operated by us, you may be charged an ATM surcharge by the ATM operator or an ATM network utilized for such a transaction. The ATM surcharge may be charged to your account if you complete the transaction.  
 
10. CONDITIONS OF CARD USE. The use of your Card and Account are subject to the following conditions:  
 
(a) Authorized Card Use. If you authorize anyone to use your Card in any manner, that authority will be considered unlimited in amount and   
� 2015 STCU / Farleigh Wada Witt  MC10 02 031121  
 manner until you specifically revoke such authority by notifying the Credit Union immediately. You are responsible for any transactions made by such persons until you notify us that transactions and access by that person are no longer authorized and you return all cards issued to you. If you fail to maintain the security of the Card and the Credit Union suffers a loss, we may terminate your Car d and account services immediately. You agree to notify us immediately of the loss, or the theft, or the use without your permission, of any Card or other credit instrument or device which we supply to you. You may be liable for any unauthorized use on the Account. You understand and agree that unauthorized use means the use of the card by someone other than you. 
 
(b) Ownership of Cards. Any Card or other credit instrument or device which we supply to you is our property and must be returned to us, or to any person whom we authorize to act as our agent, or to any person who is authorized to honor the Card, immediately according to instructions. The Card may be repossessed at any time in our sole discretion without demand or notice. You cannot transfer your C ard or Account to another person. 
 
(c) Honoring the Card. Neither we nor merchants authorized to honor the Card will be responsible for the failure or refusal to honor the Card or any other credit instrument or device we supply to you. If a merchant agrees to give you a refund or adjustment, you agree to accept a credit to your Account in lieu of a cash refund. You may not use the card for any illegal or unlawful transactions and we may decline to authorize any transaction that we believe poses an undue ris k of illegality or unlawfulness. 
 
(d) Notices and Payments. All notices will be sent to your address as shown in the application. You agree to advise us promptly if you change your mailing address. All payments should be mailed to us at the remittance address shown on your monthly statements. Payments received at that address will be credited to your Account as of the date received. 
 
(e) Personal Identification Number (PIN).  You will be required to select a Personal Identification Number (�PIN�) for use wit h your Card in accessing your line of credit at automatic teller machines (�ATM�s) and for certain purchase transactions, these numbers are issued to you for your security purposes. These numbers are confidential and should not be disclosed to third parties. You are responsible for safekeeping your PlN. You agree not to disclose or otherwise make available your PlN to anyone not authorized to sign on your Accounts. To keep your Account secure, please do not write your PlN on your Card or keep it in the same place as your Card. If you authorize anyone to use your PIN in any manner that authority will be considered unlimited in amount and manner until you specifically revoke such authority by notifying STCU and changing your PIN immediately. You are responsible for any transactions made by such person until you notify us that transaction and access by that person are no longer authorized and your PIN is changed. If you fail to maintain or change the security of your PIN and STCU suffers a loss, we may terminate your card and account services immediately.  
 
11. LOSS OR THEFT OF CARD. You agree to notify us immediately, orally or in writing, of the loss, theft or unauthorized use of your Credit Card by telephone at (509) 326-1954 in Washington, (208) 619-4000 in Idaho, or toll-free (800) 858-3750, or by mail at STCU, PO Box 1954, Spokane, WA 99210-1954 .  If you notify us of your lost or stolen credit card after discovery, you may not be liable for any losses related to credit transactions. You may not be liable for  an unauthorized transaction, as long as you have exercised reasonable care in safeguarding the Card from risk of loss or theft, and upon becoming aware, you promptly report the loss or theft to us,  otherwise your liability for unauthorized credit card transactions shall not exceed $50. 
 
12. DEFAULT. You will be in default under this Agreement if any of the following occur: (a) Any Minimum Monthly Payment is not made when due; (b) You become insolvent, bankrupt, or you die; (c) You violate any part of this Agreement, or any other agreement with us; or  (d) if we reasonably deem ourselves insecure with respect to your Account. Upon default, we may declare the entire unpaid balance immediately due and payable, and you agree to pay that amount plus any applicable fees and costs. If you default on any part of this Agreement, you agree to pay us all costs to collect your Account, including court costs and  reasonable attorney fees whether or not there is a lawsuit, and fees on any appeal and fees for bankruptcy proceedings, appeals, and any post judgment collection services, if applicable. These fee and costs may be added to your Account balance and will bear interest at the Interest Rate in effect at that time. We can delay enforcing any right under this Agreement without losing that right or any other right.   We will notify you in writing of any such action as soon as practical if it occurs.  
13. CREDIT INFORMATION/FINANCIAL STATEMENTS.  You authorize us to release information to others (e.g., credit bureaus, merchants, and other financial institutions) regarding the status and history of your Credit Line. You agree to provide us, at any time we deem necessary, with a current financial statement and/or a new credit application upon request. We may investigate your credit directly or through a credit reporting agency. 
 
14. GOVERNING LAW. This Agreement will not take effect until it is approved by us. This Agreement shall be governed by the laws of the State of Washington. If any provision of this Agreement is held invalid, the remaining provisions that are severable shall remain in effect .  
 
15. ACKNOWLEDGMENT AND AMENDMENTS.  You understand and agree to the terms and conditions in this Agreement and the Fair Credit Billing Notice. You acknowledge that you have received a copy of this Agreement and Account Disclosures including the Fair Credit Billing Notice.  We reserve the right to amend the terms of this Agreement at any time as permitted by and subject to any limitations and notice requirements of applicable law.  16. BILLING ERRORS NOTICE. Your Billing Credit Card Billing Rights. Keep This Notice for Future Use.  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: STCU, PO Box 1954, Spokane, WA 99210-1954, 
 
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.  
� At least 3 business days before an automated payment is scheduled, if you want to stop payment on the amount you think is wrong.  
 
You must notify us of any potential errors in writing. You may call us, but if you do, we are not required to investigate any potential errors and you may have to pay the amount in question.  
 
What Will Happen After We Receive Your Letter?   When we receive your letter, we must do two things: 
 
1. Within 30 days of receiving your letter, we must tell you that we received your letter. We will also tell you if we have already corrected the error. 2. Within 90 days of receiving your letter, we must either correct the error or explain to you why we believe the bill is correct. 
 
While we investigate whether or not there has been an error:  
 � 
We cannot try to collect the amount in question or report you as delinquent on that amount. 
� The charge in question may remain on your statement, and we may continue to charge you interest on that amount. 
� While you do not have to pay the amount in question, you are responsible for the remainder of your balance.  
� We can apply any unpaid amount against your credit limit.  
 
After we finish our investigation, one of two things will happen:  
 � 
If we made a mistake: You will not have to pay the amount in question or any interest or other fees related to that amount.    
� 2015 STCU / Farleigh Wada Witt  MC10 02 031121  
 � If we do not believe there was a mistake: You will have to pay the amount in question, along with applicable interest and fees. We will send you a statement of the amount you owe and the date payment is due. We may then report you as delinquent if you do not pay the amount we think you owe. 
 
If you receive our explanation but still believe your bill is wrong, you must write to us within 10 days telling us that you still refuse to pay. If you do so, we cannot report you as delinquent without also reporting that you are questioning your bill. We must tell you the name of anyone to whom we reported you as delinquent, and we must let those organizations know when the matter has been settled between us. If we do not follow all of the rules above, you do not have to pay the first $50 of the amount you question even if your bill is correct.  
 
Your Rights If You Are Dissatisfied With Your Credit Card Purchases. If you are dissatisfied with the goods or services that you have purchased with your credit card and you have tried in good faith to correct the problem with the merchant, you may have the right not to pay the remaining amount due on the purcha se. To use this right, all of the following must be true: 
 
1. The purchase must have been made in your home state or within 100 miles of your current mailing address, and the purchase price must have been more than $50. (Note: Neither of these are necessary if your purchase was based on an advertisement we mailed to you, or if we own the company that sold you the goods or services.)  2. You must have used your credit card for the purchase. Purchases made with cash advances from an ATM or with a check that accesses your credit card account do not qualify.  3. You must not yet have fully paid for the purchase.  
 
If all of the criteria above are met and you are still dissatisfied with the purchase, contact us in writing at the above address. While we investigate, the same rules apply to the disputed amount as discussed above. After we finish our investigation, we will tell you our decision. At that point, if we think you owe an amount and you do not pay, we may report you as delinquent. 
 
17. Military Lending Disclosures. The following disclosures are provided and apply to the borrower who is a Covered Member as described below. 
 
(a) Borrower Certification of Active Duty.  By requesting a Credit Card each borrower certifies to the Credit Union that borrower: (i) is a Covered member as a member of the Armed Forces who is currently serving on active duty (under a call or or der not less than 30 days) Active Guard or Reserve duty; and (ii) borrower is the Covered Member or is a dependent of the Covered Member. Borrower(s) authorize the Credit Union to verify their status as a Covered Member or dependent by obtaining information from the database of the Department of Defense or from a consumer report obtained from a consumer reporting agency. 
 
(b) Military Annual Percentage Rate. Federal law provides important protections to members of the Armed Forces and their dependents relating to extensions of consumer credit. In general, the cost of consumer credit to a member of the Armed Forces and his or her dependent may not exceed an annual percentage rate of 36%. This rate must include, as applicable to the credit transaction or account: the costs associated with credit insurance premiums; fees for ancillary products sold in connection with the credit transaction; any application fee charged (other than certain application fees for a credit card account); and any participation fee charged (other than certain participation fees for a credit card account).  
 
(c) Payment Obligation. Your payment obligation under your Credit Card Account is set forth in Sec. 1 and 4 above in the Credit Card Agreement. 
 
(d) Security Interest. The Credit Union's security interest in all your Credit Union shares or deposits pursuant to the Credit Card Agreement will not apply to your Credit Card Account. A security interest in shares or deposits granted in connection with any other credit card account, loan or line of credit does not secure the Credit Card Account identified above, in spite of any provision that collateral securing one loan secures all of your other Credit Union obligations. However, if you establish a deposit or share account specifically in connection with your Credit Card Account, funds deposited in that account after you establish the Credit Card Account are subject to our security interest as set forth above in the Credit Card Agreement.   
(e) Credit Union Toll-Free Telephone Number - (877) 304-1492. Call this number for verbal information about the Military Annual Percentage Rate and your payment obligation.