; 

EARTHMOVER CREDIT UNION 

VISA TRUTH IN LENDING DISCLOSURE STATEMENT 

In this agreement the words you and your mean each and all of those who apply for the card.  Card 
means the VISA Card and any other duplicates and renewals we issue.  Account means your VISA Line 
of Credit account with us.  We, us, and our means Earthmover Credit Union. 

NOTICE: See reverse side for important information regarding your rights to dispute billing errors. 

1. RESPONSIBILITY.  If we issue you a card, you agree to repay 
all the debts and the FINANCE CHARGE arising from the use of 
the card and the card account.  For example, you are responsible 
for charges made by anyone else to whom you give the card, and 
this responsibility continues until the card is recovered.  You 
cannot disclaim responsibility by notifying us, but we will close 
the account for new transactions if you so request and return all 
cards.  Your obligation to pay the account balance continues even 
though an agreement,  divorce decree or other court judgement to 
which we are not a party may direct you or one of the other is 
jointly responsible with you for charges he or she makes, but if that 
person signs the card, he or she becomes a party to this Agreement 
and is also jointly responsible for all charges on the account, 
including yours. 
2.LOST CARD NOTIFICATION.  If you believe the Card has 
been lost or stolen, you will immediately call: 800-325-3678. 
3.LIABILITY FOR UNAUTHORIZED USE.  You understand 
that your total liability to the Credit Union is $0.00 for any Card 
transactions resulting from the loss, theft, or other unauthorized 
use of the Card that occurs prior to the time you give notice to the 
Credit Union.  Such liability does not apply when the card is used 
to make an electronic fund transfer. 
4.CREDIT LINE.  If we approve your application, we will 
establish a selfreplenishing Line of Credit for you and notify you 
of its amount when we issue the card.  You agree not to let the 
account balance exceed this approved Credit Line.  Each payment 
you make on the account will restore your Credit Line by the 
amount of the payment which is applied to principal.  You may 
request an increase in your Credit Line only by written application 
to us, which must be approved by our loan committee or loan 
officer.  By giving you written notice, our loan committee may 
reduce your Credit Line from time to time, or with good cause, 
revoke your card and terminate this Agreement.  Good cause 
includes your failure to comply with this Agreement, or our 
adverse reevaluation of your creditworthiness.  You may also 
terminate the Agreement at any time, but termination by either of 
us does not affect your obligation to pay the account balance.  The 
cards remain our property, and you must recover and surrender to 
us all cards upon our request and upon termination of the 
Agreement. 
5.CREDIT INFORMATION.  You authorize us to investigate 
your credit standing when opening, renewing or reviewing your 
account, and you authorize us to disclose information regarding 
your account to credit bureaus and other creditors who inquire of 
us about your credit standings, to the extent authorized in our by-
laws. 
6. MONTHLY PAYMENT.  We will mail you a statement every 
month showing your previous Balances of purchases and cash 
advances, the current transactions on your account, the remaining 
credit available under your Credit Line, the New Balances of 
purchases and cash advances, the Total New Balance, the 
FINANCE CHARGE due to date, and the minimum Payment 
required.  Every month you must pay at least the Minimum 
Payment within 25 days of your statement closing date.  You may; 
of course, pay more frequently, pay more than the minimum 
Payment, or pay the Total New Balance in full, and you will 
reduce the FINANCE CHARGE by doing so.  The minimum 
payment will be either (a) 3% of your Total New Balance, or $20, 
whichever is greater, or (b) your Total New Balance, if it is less 
than $20 plus (c) any portion of the Minimum Payment(s) shown 
on prior statement(s) which remains unpaid.  In addition, at any 
time your total New Balance exceeds your Credit Line, you must 
immediately pay the excess upon our demand.  We will apply your 
payments first to previously billed and unpaid FINANCE 
CHARGE on purchases; then to previously billed and unpaid 
FINANCE CHARGE on cash advances; then to previously billed 
purchases; then to cash advances; and then to new purchases, 
whether or not billed on the monthly statement.  However, any 
payment equal to or greater than, the Previous Balance of 
Purchases will be applied first to that balance and any FINANCE 
CHARGE thereon so as to avoid continuing accrual of FINANCE 
CHARGE on that amount.  Purchases and cash advances will be 
paid off in the order they were posted to your account.  If two or  
More purchases are posted on the same day; your payment will be 
applied to the smallest first.  Payments are to be mailed to: 

Visa 
PO Box 77043 
Madison, WI 53707-1043 

7.FINANCE CHARGE.  In order to avoid a finance charge on 
purchases made since your last statement date, you must pay the 
Total New Balance shown on your statement within 25 days of the  
statement closing date.  Otherwise, finance charge on purchases is 
calculated from the beginning of the next statement period on 
previously billed but unpaid purchases and on new purchases from 
the date they are posted to your account.   

Cash advances are always subject to finance charge from the 
date they are posted to your account.  We figure the finance 
charge separately for purchases and cash advances on your account 
by applying the applicable periodic rate set forth below to the 
“average daily balance” of purchases (including current 
transactions), and to the “average daily balance”, of cash advances 
(including current transactions) To get each “average daily 
balance,” we take the beginning balance each day, add any new 
purchases (if calculating the “average daily balance” for 
purchases), add any new cash advances (if calculating the “average 
daily balance” for cash advances), and subtract any payments or 
credits.  This gives us the daily balance.  Then we add up all the 
daily balances for the billing cycle and divide the total by the 
number of days in the billing cycle.  This gives us the “average 
daily balance.” 
8.ANNUAL PERIODIC RATE. (APR). 
VISA PLATINUM PREFERRED VARIABLE.  The annual 
percentage rate (APR) is variable and my change as often as four 
times per year.  The APR is determined by taking the Prime Rate 
as listed in the Wall Street Journal (WSJ) and adding 2.0 to that 
number.  As of December 31, 2009, the calculation is 3.25% + 
2.0%=5.25%. The  APR cannot go below 7%.  A rate change will 
take effect on the first day of the second billing cycle after the end 
of each calendar quarter. If the rate goes up the number of required 
minimum payments will increase, but the amount of the minimum 
payment (3.0% of the average daily balance) will be unaffected.  
The monthly periodic rate is determined by dividing the APR by 
12. 

VISA PLATINUM PREFERRED RATE.  The APR is 12.5%.  
The monthly periodic rate is 1.0147&. 
VISA PLATNIUM FIXED RATE.  The APR is 13.8%.  The 
monthly periodic rate is 1.1979&. 
VISA SECURED.  The APR is 13.8%.  $500 compensating 
balance is required.  The monthly periodic rate is 1.1979%. 

13.8% 

Annual 
Percentage  
Rate 
Visa Platinum 

Important notice for all ECU VISA plans. 
If your VISA account is 30 days past due two times within any six-
month period, the APR on all balances (purchases, transfers, and 
cash advances) will change to a 19.8% APR.  The monthly 
periodic rate will change to 1.65%.  Members must wait one year 
before requesting a credit union review for their original APR. 
Fees 
Variable Rate  
Information &  
Grace Period 
No Variable 
Rate.   
25 Day Grace  
On Purchases & 
 No Grace 
 Period On  
Cash Advances. 
No Variable 
Rate.   
25 Day Grace  
On Purchases & 
 No Grace 
 Period On  
Cash Advances.  

Late Payment: $29.00 
Returned Check: $29.00 
Overlimit: $29.00 
Card Replacement: $10.00 
Merchant Draft Copy:  
                $10.00 
*ITF-1% of  txn. total 
Late Payment: $29.00 
Returned Check: $29.00 
Overlimit: $29.00 
Card Replacement: $10.00 
Merchant Draft Copy:  
                $10.00 
*ITF-1% of  txn. total 

Fixed APR  

Visa  
Platinum Secured 

13.8% 

Fixed APR 
$500 
Compensating 
Balance 
 Required 

Late Payment: $29.00 
Returned Check: $29.00 
Overlimit: $29.00 
Card Replacement: $10.00 
Merchant Draft Copy:  
                $10.00 
*ITF-1% of  txn. total 
Late Payment: $29.00 
Returned Check: $29.00 
Overlimit: $29.00 
Card Replacement: $10.00 
Merchant Draft Copy:  
                $10.00 

*ITF-1% of  transaction  
total 

Visa Platinum 

Preferred 

12.5% 

APR 

Visa Platinum  

 7.00% 

Variable 
APR 

Visa Platinum  
Prime + 2.% 
Variable Rate 
Based on WSJ 
Prime as of  
12/31/2009 

No Variable 
Rate.   
25 Day Grace  
On Purchases & 
 No Grace 
 Period On  
Cash Advances. 
Your rate may 

It is determined by 
Taking WSJ Prime 

The last day of the  
Quarter and adding  
2%.  Rate changes 
take effect on the  
2nd statement cycle 
following each 
Quarter. An 

in rates will 

the number of 
payments to 

Your balance. 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
notice, amendments will apply to your existing account balance as 
well as to future transactions. 

If your Visa account is 30 days past due two times within any six month period, 
the annual percentage rate on all balances (purchases, transfers, and cash 

advances) on your Visa account will change to a 19.8% ANNUAL 

17. ILLEGAL USE OF CARD.  Visa cards may not be used for 
illegal transactions.  For the protection of our cardholders, all on-
line gambling transactions will be declined.   

PERCENTAGE RATE (APR). The monthly periodic rate is 1.65%. Members 
must wait one year before requesting a credit union review to reinstate their 
original APR. - *ITF= International transaction fee 

YOUR BILLING RIGHTS 
KEEP THIS NOTICE FOR FURTHER USE 

9. OTHER FEES AND CHARGES. Other fees and charges that 
will be added are as shown on the table.  The fees will be handled 
by the Credit Union as an adjustment to the account balance and 
will not be charged a finance charge.  A 1% International 
Transaction Fee will be assessed on all transactions where the 
merchant country differs from the country of the card issuer. The 
converted transaction amount will be shown separately from the 
International Transaction Fee on your billing statement. This fee 
will be assessed on all international purchases, credit vouchers, and 
cash disbursements. 
10. DEFAULT.  You will be in default if you fail to make any 
Minimum Payment within 25 days after your monthly statement 
closing date.  You will also be in default if your ability to repay us 
is materially reduced by a change in your employment, and 
increase in your obligations, bankruptcy or insolvency proceedings 
involving your, your death or your failure to abide by this 
Agreement, or if the value of our security interest materially 
declines.  We have the right to demand immediate payment of your 
account balance if your default, subject to our giving you any 
notice required by law.  To the extent permitted by law, you will 
also be required to pay our collection expenses, including court 
costs and reasonable attorneys’ fees. 
11.USING THE CARD.  To make a purchase or cash advance, 
there are two alternative procedures to be followed.  One is for you 
to present the card to a participating VISA plan merchant, to us or 
to another financial institution, and sign the sales or cash advance 
draft which is imprinted with your card.  The other is to complete 
the transaction by using your Personal Identification Number (PIN) 
in conjunction with the card in an Automated Teller Machine or 
other type of electronic terminal that provides access to the VISA 
system.  The monthly statement will identify the merchant, 
electronic terminal or financial institution at which transactions 
were made, but sales, cash advance, credit or other slips cannot be 
returned with the statement.  You will retain the copy of such slips 
furnished at the time of transaction in order to verify the monthly 
statement.  The Credit Union may make reasonable charge for 
photocopies of slips you request. 
12.RETURNS AND ADJUSTMENTS.  Merchants and others 
who honor the Card may give credit for returns or adjustments, and 
they will do so by sending us a credit slip, which we will post to 
your account.  If your credits and payments exceed what you owe 
us, we will hold and apply this credit balance against future 
purchases and cash advances, or if it $1.00 or more, refund it on 
your written request or automatically after 6 months. 
13.FOREIGN TRANSACTIONS.  The exchange rate for 
transactions in a foreign currency will be a rate selected by Visa 
from the range of rates available in wholesale currency markets for 
the applicable central processing date, which rate may vary from 
the rate Visa itself receives, or the government mandated rate in 
effect for the applicable central processing date, plus 1%. 
14.PLAN MERCHANT DISPUTES.  A plan merchant is a 
merchant that accepts a VISA card as a form of payment for goods 
or services.  We are not responsible for the refusal of any plan 
merchant or financial institution to honor your card.  We are 
subject to claims and defenses (other than tort claims) arising out 
of goods or services you purchase with the card only if you have 
made a good faith attempt, but have been unable to obtain 
satisfaction from the plan merchant: and (a) your purchase was 
made in response to an advertisement we sent or participated in 
sending you; or (b) your purchase cost more than $50.00 and was 
made from a plan merchant in your state or within 100 miles of 
your home.  Any other disputes you must resolve directly with the 
plan merchant. 
15.  SECURITY INTEREST.  To secure your account, you grant 
the Earthmover Credit Union a purchase money security interest 
under the terms of the Uniform Commercial Code in any goods or 
merchandise you purchase under this account and you also grant a 
secured interest to the Earthmover Credit Union in any shares or 
deposits in all joint and individual accounts that you may have 
with the Earthmover Credit Union, now and in the future.  If you 
should default in the minimum payments that you are to make 
under paragraph six and ten of this agreement, the Earthmover 
Credit Union may take over any deposits that you have in any joint 
or individual accounts in order to apply towards the balance on 
your Visa Credit Card Account.  Shares and deposits in an 
individual retirement account and any other account that would 
lose special tax treatment under State or Federal law, if given as 
security, are not subject to the security interest you have given in 
your shares and deposits on hand with the Earthmover Credit 
Union.  Collateral securing other loans with the Credit Union will 
also secure this loan. 
16.EFFECT OF AGREEMENT.  This agreement is the contract, 
which applies to all transactions on your account even though the 
sales, cash advances, credit or other slips you sign or receive may 
contain different terms.  We may amend this agreement from time 
to time by sending you the advance written notice required by law.  
Your use of the card thereafter will indicate your agreement to the 
amendments.  To the extent the law permits, and we indicate in our 

This notice contains important information about rights and    
 our responsibilities under the Fair Credit Billing Act. 

 Notify Us in case of errors or Questions About Your Bill 

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 at the 
address listed on your bill.  Write to us as soon as possible.  We 
must hear from you no later than 60 days after we sent you the first 
bill on which the error or problem appeared.  You can telephone 
us, but doing so will not preserve your rights. 

In your letter, give us the following information: 

(cid:1) Your name and account number. 

(cid:1) The dollar amount of the suspected error. 

(cid:1) Describe the error and explain, if you can, why you believe there 
is an error.  If you need more information, describe the item you 
are not sure about. 

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 payment, your 
letter must reach us three business days before the automatic 
payment is scheduled to occur. 

Your Rights and Our Responsibilities After We receive Your 
Written Notice 

We must acknowledge your letter within 30 days, unless we have 
corrected the error by then.  Within 90 days, we must either correct 
the error or explain why we believe the bill was correct. 

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 finance charges, and 
we can apply any unpaid amount against your credit limit.  You do 
not have to pay any questioned amount while we are investigating, 
but you are still obligated to pay the parts of your bill that are not 
in question. 

If we find that we made a mistake on your bill, you will not have to 
pay any finance charges related to any questioned amount.  If we 
didn’t make a mistake, you may have to pay finance charges, and 
you will have to make up any missed payments on the questioned 
amount.  In either case, we will send you a statement of the amount 
you owe and the date it is due. 

If you fail to pay the amount that we think you owe, we may report 
you as delinquent.  However, 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 bill.  And, we must tell you the name of 
anyone we reported you to.  We must tell anyone we report you to 
that the matter has been settled between us when it finally is. 

If we don’t follow these rules, we can’t collect the first $50.00 of 
the questioned amount, even if your bill is correct. 

Special Rule for Credit Card Purchases 

If you have a problem with the quality of property or services that 
you purchased with a 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 property or services.  
There are two limitations on this right: 

(a) You must have made the purchase in your home  
state, within 100 miles of your current mailing 
address; and  

(b) The purchase price must have been more than $50.00. 

These limitations do not apply if we own or operate the merchant, 
or if we mailed you the advertisement for the property or services.