DORT FINANCIAL CREDIT UNION CREDIT CARD ACCOUNT OPENING DISCLOSURES  INTEREST RATES AND INTEREST CHARGES Annual Percentage Rate (APR) for Purchases     9.5% to 22.0% based on your creditworthiness APR for Balance Transfers     9.5% to 22.0% based on your creditworthiness APR for Cash Advances    9.5% to 22.0% based on your creditworthiness How to Avoid Paying Interest on Purchases Your due date is at least 26 days after the close of each billing cycle.  We will not charge you interest on purchases if you pay your entire balance by the due date each month.  We will begin charging interest on cash advances and balance transfers on the transaction date. For Credit Card tips from the Consumer Financial Protection Bureau To learn more about factors to consider when applying for or using a credit card, visit the website of the Consumer Financial Protection Bureau  at  http://www.consumerfinance.gov/learnmore FEES Annual Fee None Transaction Fees I nternational Service Assessment 1% of each transaction authorized by a non U.S. (foreign) merchantPenalty Fees  Late Payment Returned PaymentUp  to $25 Up  to $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. Consensual Security Interest: You grant Dort Financial Credit Union a security interest in all individual and joint share and/or deposit accounts you have with us now and in the future to secure your credit card account.  Shares and deposits in an IRA or 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.  You may withdraw these other shares unless you are in default.  When you are in default, you authorize us to apply the balance in these accounts to any amounts due.  For example, if you have an unpaid credit card balance, you agree we may use funds in your account(s) to pay any or all of the unpaid balance.  9048 Holly Road | Grand Blanc, MI 48439 | P. O. Box 1635 | Flint, MI 48501   office  810.767.8390 | toll-free 800.521.3796 | dortonline.org DORT FINANCIAL CREDIT UNIONVISA CREDIT CARD TERMS AND CONDITIONS AND TRUTH IN LENDING DISCLOSURE STATEMENT (“AGREEMENT”) In this Agreement, the words “you” and “your” refer to the person(s) who are contractually liable for any debt owed under the Account.  If there are two or more such persons, each of them agreesto be fully liable for any debt owed under the Account individually (severally) and together (jointly).  If joint Account, read singular pronouns in the plural.You agree with Credit Union as follows:Definitions. In relation to your Account and this Agreement, the following words shall have the meaning indicated:“Account”means the Visa Credit Card open end line of credit account approved by Credit Union for your use.“Agreement”means this Visa Borrower Agreement and the items referenced in this document.“Annual Percentage Rate”means the cost of your creditexpressed as a yearly rate as set forth in the letter accompanying this Agreement when it was provided to you.“Application”means your request to the Credit Union for the establishment of an Account in a manner approved by the Credit Union.“AuthorizedUser”means any person(s) permitted by you to obtain credit under your Account, whether or not named in your Application, or any person(s) to whom you lend your card.“Billing Cycle”means the time period that expires between regular Monthly Billing Statements.“Card”means any Visa Credit Card issued to you by the Credit Union pursuant to this Agreement which bears the service marks owned and licensed by Visa USA.“Cash Advance”means cash credit extended by the Credit Union to you in the form of a loan of money made when you present the Card to the Credit Union or to another participating financial institution, including cash credit extended to you via an automated teller machine.“Closing Date”means the date of the last day of a Billing Cycle.“Credit Limit”means the maximum amount of credit available to you on your Account as set by the Credit Union from time to time. Your initial Credit Limit is set forth in the letter accompanying this Agreement when it was provided to you and which is incorporated herein.“Credit Purchases”means extensions of credit from the Credit Union to you (other than Cash Advances) for Credit Purchases of merchandise or services through participating merchants, including mail, electronic or phone purchase orders of merchandise effectuated by using the account number on a Card.“Credit Union”means Dort Financial Credit Union or any other person or entity to which the Credit Union assigns this Agreement or any of its rights under this Agreement.“Finance Charge”means the cost of credit extended to you on your Account as determined by the Credit Union expressed as a dollar amount.“Grace Period”meansthetimeperiodin which the New Balanceona Monthly BillingStatement must bepaid infull to avoidthefurther assessment ofa FinanceCharge.TheGrace Period beginson the dayfollowingthe ClosingDateof a Billing Cycle and extends until the PaymentDue Date.“Daily PeriodicRate”means the daily periodicratesetforth in theletteraccompanying thisAgreementwhen itwasprovidedto you.“Monthly Billing Statement”meansthestatement sent toyou onamonthlybasis reflectingall chargesandcreditsto your Account for eachBilling Cycle.“New Balance”means thetotal of the PreviousBalance togetherwithNew Credit Purchases, Cash Advances, accruedFinance Charge and otherfees and charges,lesspaymentsand credits, postedtoyourAccount during a Billing Cycle.“NewCredit Purchase(s)”meansthe Credit Purchase(s) postedtoyourAccountduring the Billing Cyclereflectedonyour mostrecent Monthly BillingStatement.“Payment Due Date”means thedatespecified on yourMonthlyBilling Statement as the PaymentDueDate forpaymentto theCreditUnion onyourAccount.“Preauthorized Charges”meansCredit Purchasesfor which youhavegiven your preauthorizationfor a merchantorother person to debit your Account atspecified times.“Previous Balance”means thebalance ofyourAccount at thebeginning of a BillingCycle, which isthe sameamount as thatshown onthe “NewBalance” onyourMonthlyBilling Statementforthe immediately preceding Billing Cycle.“Unauthorized Use”means theuse ofyourCardby a personwho does not have actual,impliedor apparent authority touse thatCard.Ifyoureceivea benefitfrom the useofa Card by anotherorif a Card is usedbyan AuthorizedUser,such use will notberegarded as Unauthorized Use.Account Access.You mayaccess your Account byusingyourCardoraccount number to make CreditPurchases andtoobtainCash Advances uptoyourCreditLimit, unless your Account isin defaultor hasbeenterminated.If the Credit Union issuesyou aPersonal IdentificationNumber, youmay alsouse yourCardtoobtain CashAdvancesvia automated tellermachines which accepts your Cardforthat purpose.Promiseto Pay.Youpromise to payto CreditUnion all amountschargedtoyourAccount by youorbyanyAuthorized Userwho has accessto your Account, with actual,apparentor impliedauthority foruseof your Account,includingFinance Charges andother feesaccording to the requiredminimum monthlypaymentschedule.Yourliabilitywillextendthroughout the term of thisAgreementand until allissued andoutstanding Cards arereturnedto the CreditUnion andall Preauthorized Charges arecanceled by you.Ifyou lendyourCardtoanother person, you will havegiven thatpersonactual, impliedor apparent authorityto useyourCard andyou will be liablefor all CreditPurchasesand CashAdvances made by that person on your Accountuntilthecardisreturned toyouor theCreditUnion. If more thanonepersonisobligatedunderthis Agreement, the CreditUnion may acceptdirections and writtennotices fromany one of thosepersonswithout requiringtheconsent ofany other persons.Liability forUnauthorized Use.Ifyou notice theloss ortheft ofyourcreditcardora possibleunauthorized use of yourcard, youshouldwriteto us immediately at:DortFinancial CreditUnion,P.O. Box1635, Flint,Michigan 48501-1635 or call us at (8(cid:19)(cid:19))(cid:24)(cid:21)(cid:20)(cid:16)(cid:22)(cid:26)(cid:28)(cid:25) duringnormal businesshours or (800)543-5073(whichis available24hoursaday).Youwill not beliable for anyunauthorized use thatoccursafteryounotify us.You may,however, be liablefor unauthorizeduse that occurs before your notice to us.  In any case, your liability will not exceed $50.Finance Charge.The Finance Charges shown on your Monthly Billing Statement are figured by multiplying a Daily Periodic Rate (see the letter accompanying this Agreement when it was provided to youfor this rate and its corresponding Annual Percentage Rate) times the Daily Principal Balance of both Credit Purchases and Cash Advances as follows:a.Cash Advances.A Finance Charge will be imposed onCash Advances from the date charged to your account.Finance Charges will continue to accrue until the ClosingDate of the Billing Cycle preceding the date on whichthe entire New Balance is paid in full by the Payment DueDate or until the date of payment if after the PaymentDue Date.  The Finance Charge for a Billing Cycle iscomputed by applying the Daily Periodic Rate to theDaily Principal Balance of Cash Advances.  Each dailyprincipal balance of Cash Advances is determined byadding to the outstanding unpaid balance of CashAdvances at the beginning of each day of the BillingCycle any new Cash Advances posted to your Accountand subtracting any payments as received or credits asposted to your Account, but excluding any unpaidFinance Charges and other fees.b.Credit Purchases.A Finance Charge will be imposed onCredit Purchases only if you elect not to pay the entireNew Balance shown on your Monthly Billing Statement forthe previous Billing Cycle by the Payment Due Date (thetime between the issuance of your Monthly BillingStatement and the corresponding Payment Due Date isthe “Grace Period”).  If you elect not to pay the entireNew Balance shown on your previous monthly statementduring the Grace Period, aFinance Charge will beimposed on the unpaid Daily Principal Balance of suchCredit Purchases from the previous statement ClosingDate and on New Credit Purchases fromthe date ofposting to your Account during the current Billing Cycleexcept that if during the previous billing cycle you paidall amounts owing in full by the Payment Due Date, thenin the current billing cycle you will have a free interestperiod on the amount of the New Balance of Purchasesremaining from the previous billing cycle that ispaid bythe Payment Due Datebased on our paymentallocationmethod.  Finance Charges will then continue to accrueuntil the ClosingDate of the Billing Cycle preceding thedate on which the entire New Balanceis paid in full bythe Payment Due Dateor until the date of payment ifafter the Payment Due Date.  The Finance Charge for aBilling Cycle is computed by applying the daily PeriodicRate to the Daily Principal Balance of Credit Purchases.Each daily principal balance of Credit Purchases isdetermined by adding to the outstanding unpaidbalance of Credit Purchases at the beginning of eachday of the Billing Cycle any New Credit Purchases postedto your Account, and subtracting any payments asreceived and credits asposted to your Account, butexcluding any unpaid Finance Charges and other fees.Late Charge.If you do not pay at least your minimum monthly payment by the Payment Due Date shown on your Monthly Billing Statement, Credit Union may assess your Account a Late Charge of $25.00 or the amount of your required minimum monthly payment, whichever is less.Returned Payment Charge.You will be charged a Returned Payment Charge for each check, draft or order which you submit to Credit Union as a payment on yourAccount which is returned to Credit Union unpaid in the amount of $20.00 or the amount of the required Minimum Payment due immediately prior to the date on which the payment is returned, whichever is less.International Transaction Fee. Your account may be charged, and you agree to pay, a 1% INTERNATIONAL SERVICE ASSESSMENT FEE on any transactions where the merchant country differs from the country of the card issuer (that is, for any transaction authorized by a non US (foreign) merchant for both online/internet and card present transactions. The converted transaction amount will be shown separately from the International Service Assessment Fee on your billing statement.  Information Updates. You will provide facts to update information contained in your original Application or other financial information related to you at Credit Union’s request.Credit Limit. You will be notified of your Account’s Credit Limit which will be applicable to all amounts you owe on your Account at any time.  Credit Union reserves the right to increase or decrease your Credit Limit without prior notice to you at any time in its sole discretion.  You will keep your unpaid balance within the Credit Limit as set by Credit Union and you will pay any amount over your Credit Limit immediately to the Credit Union without demand, whether or not Credit Union authorized the Credit Purchase or Cash Advance which caused you to exceed your Credit Limit.  However, if you are over your Credit Limit solely because the Credit Union reduced it, you may continue to make only required minimum monthly payments as described in this Agreement as long as you do not use your card until what you owe is reduced below your Credit Limit.  Even if your unpaid balance is less than your Credit Limit, the Credit Union may choose to not make credit available during any time your Account is in default.Minimum Monthly Payment. You will pay a minimum monthly payment equal to the greater of 2.50% rounded up to the next whole dollar of your Account’s New Balance or $25.00, unless your New Balance is less than $25.00, in which case your payment will be that balance.  You may pay any amount over your minimum monthly payment at any time without penalty.  In addition to your minimum monthly payment, you agree to immediately pay to the Credit Union any amount past due or in excess of your Credit Limit. Payments must be received by the Credit Union in the manner set forth on your most current Monthly Billing Statement on or before the Payment Due Date. All payments must be made in lawful money of the United States.  You will have a payment due every month on the specified Payment Due Date even if you have paid more than a regularly scheduled minimum monthly payment at any previous time.Monthly Billing Statement. Credit Union will mail you a Monthly Billing Statement each month in which there is a debit or credit balance over $1.00, or when a Finance Charge is imposed.  Credit Union need not send you a monthly statement if Credit Union feels your Account is uncollectible or has started collection proceedings against you because you defaulted.  Except where federal law requires otherwise, the Monthly Billing Statement will be final as to the amount owed unless you object in writing within 60 days after the Credit Union has mailed the Monthly Billing Statement to you.  Your right under federal law to the correction of billing errors is explained in the notice of Your Billing Rights which appears at the end of this Agreement.Security. If you have given the Credit Union a security interest in any property (other than a dwelling or “household goods” as defined in the Federal Trade Commission’s Credit Practices Rule) as part of any other agreement with the Credit Union, that property is also pledged by you as security for the credit extended under this Agreement, unless prohibited by law.  This provision is the Security section under the Truth in Lending disclosure of this Agreement as well as a statement of contract which results in collateral securing other loans with Credit Union also securing this Agreement.  To the extent permitted by law, you grant Credit Union a purchase money security interest in all goods you purchase under your Account to the extent you continue to owe Credit Union for the purchase of such goods under your Account if such goods are “household goods”, and to the extent you continue to owe Credit Union any money under your Account if such goods are not “household goods”.  Further, if you give Credit Union a specific pledge of other collateral to secure the repayment of your Account, such as a pledge of your shares or deposits, then such other collateral will also secure the repayment of your Account.Set Off and Lien Impressment.Unless prohibited by law, the Credit Union shall have the right to set off the amount of any funds you have in your Accounts with the Credit Union or any other amounts owed to you by the Credit Union against any amounts charged to your Account after your Account has been canceled or terminated.  This right of setoff will not extend to any deposits established under a governmental approved tax deferral deposit plan such as an I.R.A. or KEOGH account.  Credit Union also impresses a lien upon your shares and dividends and has the right to enforcethat lien in a manner similar to enforcing its right of setoff.Application of Payments.The Credit Union reserves the right to apply the paymentsto your Account in any manner it may choose in its sole discretion.  Generally, the Credit Union will elect to apply each payment in the following order: (1) Late fees; (2) other unpaid fees and charges; (3) unpaid Finance Charges; (4) Credit Purchases from previous Billing Cycles: (5) Credit Purchases from this Billing Cycle; (6) Cash Advances as of the closingdate of the last statement and (7) Cash Advances from this Billing Cycle.Default and Remedy.You will be in default and the Credit Union may, to the extent permitted by law, terminate your Account and declare the entire unpaid balance of your Account immediately due and payable if:a.You do not make any payment or perform any obligationunder thisAgreement or any other agreement that youhave with Credit Union; orb.You have made a false or misleading statement on yourApplication and/or in your representations to CreditUnion while you owe money on your Account; orc.You should die, or be involved inany bankruptcy,insolvency, receivership or custodial proceedingsbrought by or against you; ord.A judgment or tax lien should be filed against you or anyattachment or garnishment should be issued against anyof your property or rights, specifically including anyonestarting an action or proceeding to seize any of yourfunds on deposit with Credit Union; and/ore.Credit Union should, in good faith, believe your ability torepay any indebtedness due under your Account is orsoon will be impaired, time being ofthe very essence.If more than one person is obligated under this Agreement, the Credit Union may proceed with collection action against any one of the persons obligated under this Agreement without first proceeding against or collecting from any other person.  To the extent permitted by law, the Credit Union shall be reimbursed by you for all of its costs and expenses, including actual attorneys’ fees, incurred in the course of collecting any amounts owed on your Account.Change of Address.You will notify Credit Union promptly if you move or otherwise have a change of address.Foreign Transactions.Transactions occurring outside of the United States under foreign currency rates will be posted to your Account in U.S. Dollars and may be more or less than the U.S. Dollar amount when you made the Credit Purchase or obtained the Cash Advance, due to changes in the foreign exchange rate.  The conversion rate to U.S Dollars will be at the (i) wholesalemarketrate, or (ii)the government mandated rate, whichever is applicable, in effect one day prior to the processing date.Refunds and Returns.If a merchant or other person honoring your Card agrees to give you a refund or adjustment on a Credit Purchase, you agree to accept a credit to your Account in lieu of a cash refund or cash adjustment.Disputes.You agree to make a good faith effort to settle all disputes concerning Credit Purchases made through the use of yourCard with the merchant or other person honoring the Card.  Except as provided in the notice of Your Billing Rights, you agree to pay the Credit Union all amounts charged to your Account despite any such dispute.Waiver of Claims.You waive and release Credit Union from all defenses, rights and claims you may have against any person or company honoring a Card or other access device or not permitting a Credit Purchase or Cash Advance, except where such rights cannot be waived under the Fair Credit Billing Act (see Your Billing Rights).  If your Account s available to provide overdraft protection to a deposit account under a separate Overdraft Protection RequestAgreement, you hold Credit Union harmless from any and all claims which might otherwise arise if an advance is not processed to cover an overdraft regardless of whether or not credit was available under your Account.Cancellation.You may cancel this Agreement with Credit Union or revoke any Authorized User’s status at any time by notifying Credit Union in writing.  You understand and agree that Credit Union has up to ten (10) days after such notice to effectuate your cancellation or revocation of Authorized User’s status.  You remain obligated to Credit Union for all Credit Purchases or Cash Advances that the Credit Union is unable to prevent made prior to or up to thirty (30) days after such cancellation or revocation if you have not returned all affected Cards, and Credit Union may declare your balance due and payable together with all application Finance Charges and other fees and charges; otherwise you remain obligated to repay any unpaid balance according to the Agreement.Amendment.Credit Union may change the terms of this Agreement by mailing or delivering to you written notice of the changes as prescribed by the Federal Truth in Lending Act or other applicable law.Delay in Enforcement.The Credit Union does not lose any of its rights under this Agreement if it delays enforcing them.Effect of Unenforceable Provision.If any provision of this Agreement is determined to be unenforceable or invalid, all other provisions shall remain in full force and effect.Provision Captions.The captions and catch lines used in the Agreement are for convenience of reference only and in no way define, limit or describe the scope of intent of any provision of this Agreement.Applicability.This Agreement applies to your Visa Credit Card Account with the Credit Union.Assignability.You shall have no right to transfer your Account or to assign this Agreement.  The Credit Union, however, shall have the right to assign and transfer, at any time and in its sole discretion, this Agreement or any orallof its rights under this Agreement to any other person or entity.Ownership of Card(s).Any Card (s) issued in relation to your Account is the property of the Credit Union and upon demand of Credit Union, you will surrender it to Credit Union or its authorized agent or destroy it by cutting it in half.Skip Payment.At Credit Union’s option, you may be permitted to skip a minimum monthly payment for one or more months.  A fee will be charged for each skip.Finance Charges will continue to accrue on your unpaid balance at all times.  After the skip, your next minimum monthly payment will be calculated accordingly to this Agreement.Governing Law.Except to the extent that federal law controls, this Agreement is controlled by the laws of the State of Michigan.YOUR BILLING RIGHTS(Keep This Document for Future Use)This notice tells you about your rights and our responsibilities under the Fair Credit Billing Act.WHAT TO DO IF YOU FIND A MISTAKE ON YOUR STATEMENTIf you think there is an error on your statement, write to us at:Dort FinancialCredit UnionP. O. Box 1635Flint, Michigan 48501-1635You may also contact us on the Web: www.Dortonline.orgIn your letter, give us the following information:(cid:120)Account information: Your name and account number.(cid:120)Dollar amount: The dollar amount of the suspected error.(cid:120)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 contactus:(cid:120)Within 60 days after the error appeared on your statement.(cid:120)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 LETTERWhen we receive your letter, we must do two things:(cid:120)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.(cid:120)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 beenan error:(cid:120)We cannot try to collect the amount in question, or report you as delinquent on that amount.(cid:120)The charge in question may remain on your statement, and we may continue to charge you interest on that amount.(cid:120)While you do not have to pay the amount in question, you are responsible for the remainder of your balance.(cid:120)We can apply any unpaid amount against your credit limit.After we finish our investigation, one of two thingswill happen:(cid:120)Ifwe made a mistake: You will not have to pay the amount in question or any interest or other fees related to that amount.(cid:120)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 youowe and the date payment is due. We may then report you asdelinquent 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. Wemust 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 billis correct.YOUR RIGHTS IF YOU ARE DISSATISFIED WITH YOUR CREDIT CARD PURCHASESIf 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:(cid:120)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(cid:120)company that sold you the goods or services.)(cid:120)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. (cid:120)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:Dort FinancialCredit UnionP.O. Box 1635Flint, Michigan 48501-1635While 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.