VISA LINE OF CREDIT AGREEMENT

The  purpose  of  this  agreement  is  to  establish  the  terms  and  conditions  of  your  credit  card
agreement with McCoy Federal Credit Union. In this agreement, the words "you" and "your" mean
any person receiving and using the card and that by using the card for the first time "you" agree
to all terms and conditions in this agreement. "Card" means a VISA credit card and any duplicates
and  renewals  the  Credit  Union  issues.  "Account"  means  your  VISA  credit  card  line  of  credit
account with the Credit Union. "Credit Union," "we," "us," and "our" mean McCoy Federal Credit
Union. You must be a member of the Credit Union to apply for a credit card. 

Except to the extent that Federal Law is applicable, the validity, construction and enforcement of
this agreement and all matters arising out of the issuance and use of the Card shall be governed
by the laws of the State of Florida. 

USING THE ACCOUNT/CREDIT LIMIT: Upon your approval for an account, the Credit Union will
establish a line of credit for you. Notification of your limit will be made when the card is sent to
you. You agree not to let your account balance exceed your approved credit limit. Any transaction
that would result in exceeding your credit limit will be declined.

RESPONSIBILITY: You promise to pay any and all charges incurred by you or any person whom
you  authorize  to  use  the  Credit  Card  issued  to  you,  and  any  fees  or  charges  incurred  in  the
recovery of a credit card, retrieval of transaction data or collection of this account in accordance
with  the  terms  and  conditions  issued  by  VISA  International,  Inc.,  and  in  accordance  with  the
policies established by the Credit Union. 

Your obligation to pay the amount owed on your account continues until paid in full even though
an agreement, divorce decree or other court judgement to which the Credit Union is not a party
may direct someone else to pay the account balance. 

JOINT ACCOUNT: If more than one person applies for the card each is individually responsible
for all amounts owed on the account and are jointly and severally responsible for all amounts
owed. This means the Credit Union can enforce this agreement against any of you individually or
all of you together. Each may obtain credit advances without the knowledge of the other and both
are obligated to repay all advances made to the account. 

You agree to notify the Credit Union of any address change. 

USING THE CARD: You may use the card issued to you to make purchases in person, and by
mail or telephone from merchants and others who accept VISA cards. You may also obtain cash
advances from the Credit Union, from other financial institutions participating in the VISA program
and from automated teller machines (ATM's), that provide access to the VISA system. Your VISA
Personal Identification Number (PIN) is needed to obtain a cash advance from an ATM.

INTEREST  CHARGES:  The  monthly  periodic  rate  assessed  on  your  account  is  based  on  an
Annual Percentage Rate corresponding to the type of card account and your Beacon credit score.
Your Annual  Percentage  Rate  is  variable  and  will  increase  or  decrease  if  the  Prime  Rate  as
published  in  the  Wall  Street  Journal  ("Index")  increases  or  decreases.  We  figure  the  Interest
Charge by applying a periodic rate, which corresponds to the Annual Percentage Rate, to the
Average Daily Balance. The Average Daily Balance is determined as follows: For Purchases: The
"Average  Daily  Balance"  for  Purchases  is  determined    by  adding  all  the  outstanding  advance
balances and billed but unpaid interest charges for each calendar day of the billing period, and
then subtracting all payments, credits and cash advances for the billing period in which they were
made, and then dividing the total by the number of days in that billing period. For Cash Advances:
Each daily balance of Cash Advances is determined by adding to the outstanding unpaid balance
of Cash Advances at the beginning of the billing cycle any new Cash Advances posted to your
account,  and  subtracting  any  payments  as  received  or  credits  as  posted  to  your  account,  but
excluding any unpaid Interest Charges. The periodic rate and corresponding Annual Percentage
Rate for each type of card account is shown on your Truth-in-Lending Statement.

Grace Periods: You can avoid interest charges on purchases and balance transfers by paying
the full amount of the New Balance of Purchases or New Balance of Balance Transfers each
month within 25 days of your statement closing date ("Grace Period"). There is no time period
within which to pay to avoid an interest charge on cash advances and interest will accrue from
the date they are posted to your account.  

How  to  Calculate  the  Interest  Charge:  The  Interest  Charge  is  calculated  at  the  Annual
Percentage  Rate  disclosed  on  your  Truth-in-Lending  Statement  (or  as  amended  from  time  to
time) on the average daily balance of purchase and cash advances you make, and any debit
adjustments the credit union makes, during the billing cycle. The daily balances are totaled, and
divided by the number of days in the billing cycle to produce separate average daily balances for
purchases, cash advances, and balance transfers to which the periodic rate is then applied. If
your card has a grace period for purchases or balance transfers and you pay the full amount of
the New Balance of Purchases or New Balance of Balance Transfers within that grace period, the
amount for the applicable type of balance will not be added to the average daily balance. For
Purchases,  Cash Advances,  or  Balance  Transfers  with  no  grace  period,  interest  charges  will
continue to accrue until the date of payment. For Purchases or Balance Transfers with a grace
period, interest charges will continue to accrue until the date of the billing cycle preceding the
date on which the entire New Balance is paid in full, if paid within the grace period; otherwise,
interest charges will continue to accrue until the date of payment.

Cross Collateral: If you have other loans with us, or take out other loans with us in the future,
collateral securing those loans will also secure your obligations under this agreement. However,
unless you expressly agree otherwise, no dwelling secures your obligation under this agreement.

FEES AND CHARGES: You agree to pay any and all fees that you incur in connection with your
Card,  in  accordance  with  applicable  law,  in  the  amounts  set  forth  on  your  Truth-in-Lending
Statement, which fees and amounts may be amended from time to time.

MONTHLY PAYMENTS: Each payment you make on the account will restore your credit limit by the
amount of the payment which is applied to the principal amount of purchases and cash advances. 

At  any  time  your  total  new  balance  exceeds  your  credit  limit,  you  must  immediately  pay  the
amount over your credit limit. 

A  PAYMENT  IS  REQUIRED  EACH  MONTH;  therefore,  you  must  pay  at  least  the  minimum
payment shown on your statement by the date specified on your monthly statement. You can
repay any outstanding balance prior to maturity in whole or in part at your option without penalty.

Your monthly payment must be made directly to:

McCoy Federal Credit Union
P.O. Box 593806
Orlando, FL 32859-3806

OR

McCoy Federal Credit Union
P.O. Box 96099
Charlotte, NC 28296-0099

(credit card remittance
statement required)

The minimum periodic payment required is disclosed on your Truth-in-Lending Statement. 

CREDIT BALANCES: If there is a credit balance due, you may request it.

PLEDGE OF SHARES: YOU PLEDGE AND GRANT TO THE CREDIT UNION A SECURITY
INTEREST IN ALL INDIVIDUAL AND JOINT ACCOUNTS YOU HAVE WITH US NOW AND
IN THE FUTURE TO SECURE YOUR CREDIT CARD ACCOUNT(S) TO THE EXTENT OF
THAT  PORTION  OF  THE  ACCOUNT  BALANCE  WHICH  MAY  BE  IN  DEFAULT  OR
EXCEEDS  YOUR  CREDIT  LIMIT. 
INCLUDING  COSTS  OF  COLLECTION  AND
REASONABLE ATTORNEY'S FEES. YOU AUTHORIZE US TO APPLY THE BALANCE IN
THESE ACCOUNT(S) TO PAY ANY AMOUNTS DUE UNDER THIS AGREEMENT IF YOU
SHOULD  BE  IN  DEFAULT.  THIS  PLEDGE  IS  A  CONDITION  FOR  THE  ISSUANCE  OF
CREDIT UNDER THIS AGREEMENT.

DEFAULT: You will be in default under this agreement if you fail to make any minimum payment
or other required payment by the date that it is due. You will be in default if you break any promise
you make under this agreement. You will be in default if you die, file for bankruptcy or become
insolvent, that is, unable to pay your obligations when they become due. You will be in default if
any attachment or garnishment proceedings are initiated against you or your property. You will be
in default if you default on any other indebtedness to the Credit Union. You will be in default if you
make any false or misleading statement in any credit application or credit update. You will also
be in default if something happens which the Credit Union believes may substantially reduce your
ability to repay what you owe. When you are in default, the Credit Union has the right to demand
immediate  payment  of  your  full  account  balance  without  notice.  If  immediate  payment  is
demanded, you will continue to pay Interest Charges, at the periodic rate charged before default,
until what you owe has been paid, and any shares that were given as security will be applied
towards what you owe. You agree to pay reasonable collection expenses, including card recovery
fees,  attorney  fees,  court  costs,    and/or  collection  agency  fees  and  costs.  If  you  are  head  of
household, in the event of default, you grant us permission to garnish head of family earnings in
accordance with Florida law if collection proceedings are brought against you.  

No failure or delay by the Credit Union in exercising any rights, powers, and remedies under this
agreement of provided by law shall be deemed a waiver thereof.

RESTRICTION  ON  CASH  ADVANCES: Your  outstanding  cash  advance  balance  may  not
exceed  50%  of  your  Credit  Limit.  We  may  refuse  a  cash  advance  if  it  would  cause  the  cash
advance balance to exceed this amount.

CREDIT  INFORMATION:  You  understand  that  the  Credit  Union  will  review  your  accounts
periodically, and you hereby give your permission to and authorize the Credit Union to investigate
and reassess your creditworthiness. 

You  authorize  the  Credit  Union  to  obtain  information  concerning  your  credit  history  from  all
available sources now  and in the future. You authorize the Credit Union to disclose information
regarding your account to credit bureaus and creditors who inquire about your credit standing. 

IF  YOUR  CARD  IS  LOST  OR  STOLEN  OR  IF ANY  UNAUTHORIZED  USE  OCCURS: You
agree to notify us immediately if your Card is ever lost or stolen or if an unauthorized use may
have occurred. "Unauthorized use" means the use of the Card by someone other than you who
does not have actual, implied or apparent authority for such use, and from which you receive no
benefit. The telephone number to call is 1-800-449-7728. You agree to follow up your call with
notice in writing to us at: McCoy Federal Credit Union, P.O. Box 31552, Tampa, FL 33631-3552.
You  also  agree  to  assist  us  in  determining  the  facts,  circumstances  and  other  pertinent
information relating to any loss, theft or possible unauthorized use of your Card and comply with
such procedures as we may require in connection with our investigation. You will be liable for any

FI12581 Rev 8-2014

COPYRIGHT 2005 Securian Financial Group, Inc. All rights reserved.

VISA LINE OF CREDIT AGREEMENT

unauthorized use only if we can prove that you were grossly negligent in your use or handling of
your Card, or if we can prove that you used your Card fraudulently. 

PLAN MERCHANT DISPUTES: We are not responsible for the refusal of any plan merchant or
financial institution to honor your card. Also, we are not responsible for goods or services you
purchase with the card unless (a) your purchase was made in response to an advertisement we
sent or participated in sending you; (b) your purchase cost $50.00 or more and was made from
a plan merchant in your state or within 100 miles of your home; and you have made a good faith
attempt, but have been unable to obtain satisfaction from the plan merchant. You must resolve
all other disputes directly with the plan merchant. 

CHANGING OR TERMINATING YOUR ACCOUNT: You agree that the Credit Union may change
the terms of this agreement from time to time as permitted by applicable law after giving you any
advance notice required by law at your last known address. Your use of the card after receiving
notice  of  a  change  will  also  indicate  your  agreement  to  the  change,  unless  applicable    law
requires otherwise. 
You may request an increase in your credit limit either by written application or by phone. 
The Credit Union has the right to reduce or terminate your credit limit at any time. You understand
and acknowledge that such action shall not affect your obligation to pay any outstanding balance
PLUS  any  finance  and  other  charges  you  owe  under  this  agreement. Accounts  that  have  been
inactive for one (1) year may be subject to termination at the renewal date, subject to applicable law. 

The  card(s)  you  receive  remain  the  property  of  the  Credit  Union  and  you  must  recover  and
surrender  to  the  Credit  Union ALL  cards  upon  request  or  upon  termination  of  this  agreement
whether by you or the Credit Union.

RETURNS AND ADJUSTMENTS: Merchants who honor your card will give you credit for returns
or adjustments by sending us a credit slip which we shall post to your Plan. If your credits and
payments exceed what you owe us, we will hold this credit balance against future purchases or
refund it to your share account upon your written request (if it is $1.00 or more).

FOREIGN  TRANSACTIONS: The  exchange  rate  for  international  transactions  will  be  a  rate
selected by VISA from the range of rates available in wholesale currency markets, which may
vary  from  the  rate  VISA  itself  receives,  or  the  government-mandated  rate  in  effect  for  the
applicable  central  processing  date,  plus  an  amount  determined  by  us  and  disclosed  on  your
Truth-in-Lending Statement.

EFFECT  OF  AGREEMENT/WAIVER: 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.  The  Credit  Union  can  delay  enforcing  any  of  its  rights  any
number of times without losing them. Each provision of this agreement must be considered as part
of the total agreement and cannot in any way be severed from it. However, you also agree that should
any part of this agreement be found invalid, it will in no way affect the remainder of the agreement.  

STATEMENT AND NOTICES: You will receive a statement each month showing transactions on
your account. You are responsible for your minimum monthly payment even in the event your
statement is late or returned to the Credit Union. Statements and notices will be mailed to you at
the  most  recent  address  you  have  given  the  Credit  Union.  Notice  to  any  one  of  you  will  be
considered notice to all. 

PERSONAL IDENTIFICATION NUMBER (PIN): We will furnish you with a Personal Identification
Number (PIN). You agree to keep the PIN secret. You also agree you won't write the PIN on the
Card or anything you keep with the card. Your use of the PIN and card in getting a cash advance
or making a purchase is agreed to constitute your signature for purposes of such transaction.  
You may use your McCoy Federal Credit Union VISA Card to conduct any transaction or obtain
any credit union service permitted by law. You agree that the use of the VISA Card to obtain a
service or effect a transaction that is illegal under the law of any jurisdiction where originated,
effected or accomplished will be a default and breach of this agreement. McCoy Federal Credit
Union may terminate the access to the service or withdraw  the right to use the VISA Card and/or
demand the return of all VISA Cards or other access devices issued to you. If illegal use of your
VISA  Card  occurs,  you  waive  the  right  to  sue  McCoy  Federal  Credit  Union,  and  agree  to
indemnify and hold McCoy Federal Credit Union harmless from any suits or other legal action or
liability which may be asserted, directly or indirectly, again McCoy Federal Credit Union arising
out of or resulting from your illegal use of the VISA Card. 

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 Statement
If you think there is an error on your statement, write to us at the address(es) listed on your statement.
In your letter, give us the following information:
1. Your name and account number.
2. The dollar amount of the suspected error.
3.

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.
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 purchase. 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 address(es) listed on your statement.
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.

M-111019