America’s First Federal Credit Union Platinum Credit Card Agreement 

Table of Contents 

MEMBER INFORMATION .............................................................................................. 1 
PLATINUM CREDIT CARD AGREEMENT ................................................................... 2 
CREDIT DISCLOSURES .................................................................................................. 5 
SUMMARY OF INSURANCE COVERAGES ................................................................. 8 
AMERICA’S FIRST FEDERAL CREDIT UNION CONTACT INFORMATION ....... 11 

MEMBER INFORMATION 

Name 
Co-Applicant’s Name 
Account Number 
Date Approved 
Approved by 
Visa Platinum  
APR 10.80% 
Monthly Periodic Rate .90% 
Credit Limit 
By signing below, I/we certify that all information that I/we provided is true and correct 
and is furnished for the purpose of obtaining credit. I/we also authorize America’s First 
Federal Credit Union to check my/our credit and employment history and make whatever 
inquiries necessary in the course of granting or reviewing credit, or collecting any credit 
extended. I/we further agree that my/our use of the card(s) will bind me/us to all terms 
and conditions contained in the Credit Card Agreement, which I/we have read and 
signed. By signing this agreement, you acknowledge receipt of the truth-in-lending 
disclosures. 
CAUTION – IT IS IMPORTANT THAT YOU THOROUGHLY READ THE 
CONTRACT BEFORE YOU SIGN IT. 
Applicant Signature and Date 
Co-Applicant Signature and Date 
By signing below you hereby specifically agree to all terms of paragraph 13 of the 
CREDIT CARD AGREEMENT. As further security, I/we hereby pledge and convey 
unto the Credit Union all paid shares and deposits, including but not limited to, share 
accounts, share draft accounts, share certificates, and Christmas Club accounts, which 
I/we now or hereafter may have in the Credit Union. Upon default, I/we hereby authorize 
this Credit Union to apply any or all such shares and payments on shares and deposits to 
the payment of said indebtedness now owing or which may hereinafter accrue. Such 
pledge shall not extend to an individual Retirement Account. 
CAUTION – IT IS IMPORTANT THAT YOU THOROUGHLY READ THE 
CONTRACT BEFORE YOU SIGN IT. 
Applicant Signature and Date 

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Co-Applicant Signature and Date 
PLEASE SIGN ON BOTH LINES OR WE CANNOT PROCESS YOUR ACCOUNT. 
By electing optional Chargegard insurance, I acknowledge that Chargegard includes 
credit life, disability, involuntary unemployment, and leave of absence to the extent 
available in my state as described in the Summary of Insurance. I read and I meet the age 
eligibility requirements show in the Summary of Insurance.* Monthly premium charges 
are based on the account balance and the rate shown. I may cancel anytime. *Please see 
the Summary of Insurance on page 8. 
Yes, please enroll me in Chargegard credit insurance. 
Signature 
Date of Birth 
Date 
N1991-0299 
NonStd ID #19 

VISA PLATINUM CREDIT CARD AGREEMENT 
In this Agreement the words “you” and “your” means each person responsible for paying 
this Account.  “Card” means the VISA PLATINUM CREDIT CARD and any duplicates 
or renewals we issue.  “Account” means your VISA PLATINUM Credit Card Account 
with us.  “We,” “us” and “our” means America's First Federal Credit Union, its 
successors and assigns. 

1.  RESPONSIBILITY. You agree to be jointly and severally bound by all terms and 
conditions in this Agreement and on the Card if you use your Card or permit 
others to do so including convenience checks that we may provide to you.  You 
promise to repay all purchases and cash advances which are posted to your 
account.  You also promise to pay all finance charges, fees, including an Annual 
Fee if applicable to your account and other charges assessed on your Account or 
under this Agreement. Your payments must be in U.S. Dollars from a U.S. 
financial institution. You will pay no less than the minimum monthly payment as 
indicated on your statement each month.  If you make extra or larger payments, 
you are still required to make at least the minimum monthly payment each month 
that your account has a balance.  The minimum monthly payment for your 
account shall be the greater of 2% of your outstanding balance or $10.00. 

2.  LOST CARD NOTIFICATION.   If you believe the Card has been lost or stolen, 
you will immediately call us at 1-800-325-3678.  Twenty Four hours a day.  
Seven days a week. 

3.  AUTHORIZED AND UNAUTHORIZED USE OF THE CARD.  You may use 

your card to obtain cash advances or purchases.  You will be jointly and severally 
liable for all authorized use of your Card, for all credit extended by us in 
connection with your Card, regardless of your credit limit.  You may be liable for 
the unauthorized use of your Card.  You will not be liable for unauthorized use 
that occurs after you notify us orally or in writing of the loss, theft or possible 
unauthorized use in a timely manner.  In any case, your liability will not exceed 
$50.00.  You agree to assist us in ascertaining the facts and circumstances relating 
to any unauthorized use of the Card.  You may not use the Card for any illegal or 

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unlawful transaction, including but not limited to internet gambling, and we may 
decline to authorize any transaction that we believe to be unlawful.  The use of the 
Card to perform an illegal transaction is a condition of default and we may 
terminate your right to use the account and you agree to indemnify us for any 
losses suffered as a result of the illegal activity. 

4.  CREDIT INFORMATION. You authorize us to investigate your creditworthiness 
when opening, renewing or reviewing your Account.  Upon our request, you 
agree to update any credit information you have previously furnished us.  You 
also authorize us to request and provide information concerning your credit 
history from and to other creditors and credit reporting agencies. 

5.  CREDIT LIMIT.  A credit limit will be assigned to you by us and will be 

determined by the information submitted on your credit application, and by other 
credit information received by us.  You may not allow the balance of your 
account to exceed the approved credit limit.  We may in our discretion, allow 
advances from your account in excess of your credit limit, and these advances are 
subject to all the provisions of this Agreement.  You agree to repay any amount 
over your credit limit immediately upon demand.  The credit limit applicable to 
your account will be disclosed on each monthly statement and is subject to change 
without notice to you.  

6.  SURRENDER OF CARD.  The Credit Card remains the property of the Credit 

Union.  Notwithstanding the expiration date on the Credit Card, your right to use 
the Credit Card may be cancelled or terminated for any reason. You must 
surrender the Card immediately to us or to our agent upon demand.  

7.  FINANCE CHARGE.  If you have a zero purchase balance at the beginning of 

the statement cycle you can avoid a finance charge on purchases billed during the 
cycle by paying the new balance of Purchases within 25 days of the statement 
closing date. Otherwise, purchases will be subject to a finance charge from the 
date they are posted to the account. Finance charges are calculated at the periodic 
rate and Annual Percentage Rate disclosed to you on the average daily balance of 
purchases and cash advances posted to your account. Any finance charge we add 
to your Account is the amount payable as a condition of credit.  Finance charges 
do not include (1) premiums for optional credit insurance you obtain from us, (2) 
fees for participation or membership in the card program, (3) fees for late 
payments, (4) if you agree, fees for exceeding your credit limit, or (5) any other 
fees applicable to your account including the failure to comply with the terms and 
conditions of your account. Except for the Grace Period for purchases or 
minimum finance charge described in your Truth in Lending disclosure, you are 
charged finance charges each month for any part of the credit that was extended to 
you that remains unpaid as of the statement date.  A finance charge is imposed on 
cash advances from the day they are posted to your account.  You can pay all or 
any part of your Account balance at anytime without any prepayment penalty. 
8.  DEFAULT.  You will be in default if you exceed your line of credit, fail to pay 
any sum when it is due, die, file a petition in Bankruptcy Court or become 
insolvent, or if you fail to comply with any of the terms or conditions of this 
Agreement.  If we, for good cause, should deem ourselves insecure, then we may 
without prior notice and in our sole discretion, do any or all of the following: (1) 

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terminate this Agreement and revoke your right to use the Card, (2) declare the 
entire balance of your Account due and payable,  (3) refuse to honor further Card 
transactions, or (4) apply any shares or other property you have pledged as 
security for this Agreement against the amount you owe under this Agreement. 
9.  MISCELLANEOUS.  You agree to notify us in writing of any change in your 

name, address or employment.  You agree not to permit the use of the Card if you 
know that credit privileges have been terminated or suspended.  You will notify 
us immediately if you believe any unauthorized use of the Card has or may have 
occurred, and you will assist us in any related investigation.  You will notify us 
immediately upon the loss or theft of the Card.  Neither we nor any of our 
processors, agents or servants are responsible if anyone refuses to honor the Card.  
This Agreement and all transactions made pursuant hereto shall be governed by 
the laws of the State of Alabama except as preempted by the laws of the United 
States.  If there is any conflict between the provisions of this Agreement and those 
of any sales draft, cash advance slip or other documents you sign or authenticate 
in connection with the use of the Card, the provisions of the Agreement shall 
control.  If more than one person signed your Card Agreement, they are also 
bound hereunder. No delay by us in exercising any of our rights under this 
Agreement will be a waiver of that right or any other right. 

10. CHANGE IN TERMS.  We may change any term or part of the Credit Card 

Agreement,  allowed by law, including finance charges, rates, fees, or method of 
computing any balance upon which the finance charge is assessed by sending you 
written notice as required by law.  Any such changes will only apply to new 
charges made after that date.  If you do not agree to the change in terms, you must 
notify us in writing before the effective date of the Change in Terms that is 
provided to you to the address provided in the notice of change, and your account 
will be closed to additional transactions and you must pay us the balance that you 
owe us under the existing terms of the unchanged Credit Card Agreement.  
Otherwise, you will have agreed to the change in the notice.  Use of the Credit 
Card after the effective date of the change shall be deemed acceptance of the new 
terms as to such effective date, even if you had previously notified us that you did 
not agree with the change. 

11. TERMINATION.  Subject to applicable laws and regulations, we may, in our sole 
discretion, terminate this Agreement and your right to use your Card at any time.  
You may terminate this Agreement with respect to future transactions, but you 
will remain liable for payment of all amounts due under this Agreement prior to 
the termination. 

12. FOREIGN TRANSACTIONS.  If you make a transaction in a foreign currency, it 
will be converted into a U.S. Dollar amount. 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 receives, or the government mandated rate in 
effect for the applicable central processing date, plus 1%. 

13. SECURITY INTEREST.  To secure your account, you hereby pledge all shares 
and/or deposits including amounts in draft accounts and payments and earnings 
thereon which you now or hereafter may have with us, whether held individually, 

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jointly or in trust, as security for any and all amounts owed by the use of your 
Card and any interest or fees accrued thereon.  Upon default, you authorize us to 
take what you owe us out of any deposit accounts (except Individual Retirement 
Accounts) you have with us. 

14. LIMITATIONS ON USE OF YOUR CARD. Payments of $5,000.00 or more will 
result in a five-day delay before any additional credit limit is made available for 
subsequent purchases or cash advances. There is a daily limit of $10,000.00 for 
purchases and a daily limit of $5,000.00 for cash advances if allowed by your 
credit limit. 

15. NOTICES.  Except as otherwise provided in the Agreement, all notices are to be 
given in writing.  All notices given by us to you shall be deemed given when 
deposited in the United States Mail, first class postage prepaid, and addressed to 
the last known address in our records of the Account Holder whose name appears 
first on your Credit Card Agreement. All notices to us by you shall be deemed 
given when we receive them.  

16. REWARDS PROGRAMS. If your account has a Rewards program, you will 
receive information separately about the terms and conditions of any such 
program and how you may view and redeem your Rewards. 

17. COLLECTION COSTS & ATTORNEY FEES.  You agree to pay all cost of 
collecting the amount you owe under this Agreement including a reasonable 
attorney’s fee if the unpaid balance exceeds $300.00 and the matter is referred to 
an attorney who is not a salaried employee of the Credit Union.  

18. TRUTH IN LENDING DISCLOSURE. The additional terms and conditions that 
appear in the Truth in Lending Disclosure provided to you are incorporated herein 
and made a part of this agreement. 

19. INVALIDITY OF PROVISIONS AND CAPTIONS.  If any provision of this 

Agreement is deemed to be invalid the remaining provisions will remain in full 
force and effect. The paragraph headings are for convenience only and do not 
form a part of this Agreement.   

Rev. 06/2011 

CREDIT DISCLOSURES 
Interest Rates and Interest Charges 
Annual Percentage Rate (APR) for 
Purchases 
APR for Balance Transfers 

APR for Cash Advances 
Penalty APR and When it Applies 
Paying Interest  

10.80% 

2.99% promotional APR through March 31, 
2013 for balance transfers that post to your 
account by September 30, 2012. After 
September 30, 2012, the APR for balance 
transfers will be 10.80% 
10.80 %   
None 
Your due date is at least 25 days after the close 
of each billing cycle. We will not charge you 
any interest on purchases if you pay your 

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Minimum Interest Charge 
For Credit Card Tips from  
the Consumer Financial  
Protection Bureau 

Fees 
Annual Fee 
Penalty Fees 
Late Payment 
Over-the-Credit Limit 
Returned Payment 

entire balance by the due date each month. We 
will begin charging interest on cash advances 
and balance transfers on the transaction date. 
None 
To learn more about factors to consider 
when applying for or using a credit card, 
visit the website of the Consumer  
Protection Bureau at 
http://www.consumerfinance.gov/learnmore

None 

Up to $25.00 
None 
Up to $23.00 

How we will Calculate Your Balance: We use a method called “average daily balance 
(including new purchases).”  

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

Rev 06/2012 

YOUR BILLING RIGHTS (KEEP THIS NOTICE FOR FUTURE USE) 

This notice tells you about your rights and our responsibilities under the Fair Credit 
Billing Act. 
What To Do If You Find A Mistake On Your Statement 
If you think there is an error on your statement, write to us at: 
America’s First Federal Credit Union 
P.O. Box 11349 
Birmingham, Alabama 35202 
You may also contact us on the Web at: www.amfirst.org 
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.   

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You must notify us of any potential errors in writing or electronically. 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 that 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 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 you 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 
advance from an ATM or with a check that accesses your credit card account do 
not qualify. 

3.  You must not have fully paid for the purchase. 

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If all of the criteria above are met and you are still dissatisfied with the purchase, contact 
us in writing or electronically at: 
America’s First Federal Credit Union 
P.O. Box 11349 
Birmingham, Alabama 35202 
www.amfirst.org 
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. 
Rev. 4/2010 

SUMMARY OF INSURANCE COVERAGES 
IMPORTANT INFORMATION ON CHARGEGARD LIMITATIONS, EXCLUSIONS, 
COSTS: Upon acceptance of your enrollment, you will receive your certificates and/or 
policies indicating your effective date. Eligibility, restrictions and exclusions vary by 
coverage and state. Read your certificates and/or policies carefully for full details. If you 
have other insurance that covers the same risks as described, you may not need or want to 
purchase this insurance. This credit insurance is optional. You are not required to 
purchase the insurance to obtain credit. You are free to cancel anytime. Premium rates are 
subject to change. Rates disclosed are accurate as of the printing date of this disclosure. 
The underwriters referenced below reserve the right to modify the terms and conditions 
of the insurance certificates and/or policies upon written notice and subject to state 
regulations. 
CHARGEGARD IS NOT AVAILABLE IN: KY & MN 
LIFE, DISABILITY, UNEMPLOYMENT AND LEAVE OF ABSENCE COVERAGES 
APPLY ONLY TO THE PERSON WHOSE NAME APPEARS FIRST ON THE 
ACCOUNT.  
LIFE: If you die, Chargegard will pay to the Creditor the outstanding account balance as 
of the date of death, up to the master policy maximum of $10,000.  Suicide is excluded 
except in MD & MO.  Life coverage is replaced with Accidental Death coverage at age 
66 in IA. 
DISABILITY: If you become totally disabled, Chargegard will pay to the Creditor your 
scheduled minimum monthly payment due on your account on the date of loss. Benefits 
begin after 30 consecutive days of disability and are retroactive to the first day of loss. In 
MA, Chargegard will pay to the Creditor your scheduled minimum monthly payment. 
Disability coverage is not retroactive in MA. Benefits will continue until your balance on 
the date of loss is paid off, you return to work, you are no longer disabled, or you reach 
the master policy maximum of $10,000, whichever occurs first. In GA and SD you are 
eligible for coverage if employed full-time in a nonseasonal occupation; in NY if 
employed 30 hours a week and not a partnership, corporation or association. Disability 
benefits are not payable for self-inflicted injury (except in AL, GA, IA, MD, SD & TX); 
flight in nonscheduled aircraft in MA & PA; war or foreign travel or residence in MA; 
normal pregnancy in CA & PA. 
UNEMPLOYMENT: If you become involuntarily unemployed, Chargegard will pay to 
the Creditor your scheduled minimum monthly payment due on your account as of the 
date of loss, until your balance is paid off, you return to work, or you reach the $10,000 

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master policy maximum, whichever occurs first. In MA & TX you are eligible for 
coverage if you are employed for 90 days at least 30 hours a week in a nonseasonal 
occupation for the same employer, and are not self employed, an independent contractor 
or a controlling stockholder of your employer; in IA & GA if employed full-time in a 
nonseasonal occupation; in PA if working 30 or more hours per week for at least 9 
months of the year. Benefits begin after 30 consecutive days of unemployment and are 
retroactive to the first day of loss. Unemployment benefits are limited to 12 months in 
PA. Unemployment excludes discharge for cause (except in AL, AZ, GA, IA, NY, PA, 
SC & SD); willful or criminal misconduct in AZ, CO, MD, MA, MO, NY & TX; 
forbidden acts, violation of established policies or neglect of duty in MA, MO & TX; 
being notiified either orally or in writing of pending unemployment in MA & TX; normal 
seasonal unemployment in MA & TX; strike, lockout or illegal walkout in NY. 
Unemployment coverage is not available in ND & NE. 
LEAVE OF ABSENCE: If you take an employer-approved unpaid leave of absence from 
work due to: accident or illness of an immediate family member; childbirth / adoption; 
recall to active military service; residing in a federally-declared disaster area; placement 
of a foster child in your home (in NC only); or petit or grand jury duty (in NC only), 
Chargegard will pay to the Creditor your scheduled minimum monthly payment based on 
the outstanding balance as of the date of leave until your balance is paid off, you return to 
work, or you reach the $10,000 master policy maximum, whichever occurs first.  Benefits 
begin after 30 consecutive days of leave and are retroactive to the first day of leave. In 
AL, CO, GA, IA, MD, MA, PA & SD, you are eligible for this coverage if employed full-
time, in a non-seasonal occupation and are not self-employed. Benefit payments do not 
apply to leave during the first 90 days of coverage (except in CA, KS, MD, ND & OR). 
Leave of absence excludes pre-existing conditions (except in MD & NC). Leave of 
absence benefits are limited to 9 months in OR. Leave of Absence coverage is not 
available in MO, NY, TX & VA. 
GENERAL PROVISIONS: Maximum enrollment age in all states is 70, except 65 in CO, 
IA, MA, NY & PA; 69 in AL, AZ, GA & SD; 71 in NM. No maximum enrollment age in 
TX. Coverage terminates in all states at age 71, except 66 in CO, IA, MA, NY & PA; 70 
in AZ; 72 in NM. No termination age in AL, GA, SD & TX. 
COST PER $100 PER MONTH: 70.6¢ in AK; 76.7¢ in AL; 91.4¢ in AR; 71.1¢ in AZ; 
85¢ in CA; 48.6¢ in CO; 83.8¢ in CT; 85.7¢ in DC; 89¢ in DE; 80.5¢ in FL; 79.8¢ in 
GA; 72.5¢ in HI; 86.4¢ in ID; 73.7¢ in IA; 82.9¢ in IL; 83.2¢ in IN; 85.6¢ in KS; 96.4¢ 
in LA; 67.7¢ in ME; 41.9¢ in MD; 64.9¢ in MA; 82.3¢ in MI; 53¢ in MO; $1.068 in MS; 
81¢ in MT; 69.8¢ in NH; 70.4¢ in NJ; 70.3¢ in NM; 87.9¢ in NV; 23.3¢ in NY; 56.8¢ in 
NC; 44.9¢ in ND; 46.2¢ in NE; 75.5¢ in OH, 86.1¢ in OK; 71.9¢ in OR; 65.6¢ in PA; 
82.1¢ in RI; 82.2¢ in SC; 82¢ in SD; 88.2¢ in TN; 38.6¢ in TX; 80.1¢ in UT; 35.3¢ in 
VA; 63.6¢ in VT;  69.4¢ in WI; 89¢ in WV; 75.4¢ in WA; 86¢ in WY. The cost of credit 
insurance will be financed at the rate specified in your credit card agreement. 
Coverage is underwritten by American Bankers Life Assurance Company of Florida, 
American Bankers Insurance Company of Florida and American Reliable Insurance 
Company, 11222 Quail Roost Drive, Miami, FL 33157-6596 and Union Security Life 
Insurance Company of New York, Syracuse, NY. In TX life & disability certificate 
number – AE2608CB-0901 (3.53 R.A.) unemployment certificate number – AD9139CQ-
0499. In CA, life and disability coverage provided by ABLAC and ARIC provides 

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remaining coverages described above. Coverage for life and disability is provided under 
form numbers AE2415PL-0999, B3539PQ-0397, AR8758EQ-0297 & AR8770EQ-0597. 
The creditor has a financial interest in the sale of this insurance. Ana Aguila is the 
licensed agent for the states of FL, ND & WV. 
Coverages are only available as a package. If you cancel within 30 days of receiving your 
certificate, we will refund your premium. Insurance and cost disclosures are accurate as 
of 2/16/06. 
This insurance product is not a deposit, nor is it insured or guaranteed by the FDIC, 
America’s First Federal Credit Union or any Federal Government Agency.  We may not 
condition your extension of credit on either: your purchase of an insurance product from 
us or our affiliates, your agreement not to obtain insurance from an unaffiliated entity, or 
a prohibition on your obtaining insurance from an unaffiliated entity. 
AR, LA, ME, NM, OH, TN & VA residents: Any person who knowingly and with intent 
to defraud any insurance company or other person files an application for insurance or 
statement of claim containing any materially false information or conceals, for the 
purpose of misleading, information concerning any fact material thereto, commits a 
fraudulent insurance act, which is a crime and may subject such person to criminal and 
substantial civil penalties. (VA residents; this notice is not applicable to life and health 
insurance). 
DC residents:  It is a crime to provide false or misleading information to an insurer for 
the purpose of defrauding the insurer or any other person. Penalties include imprisonment 
and/or fines. In addition, an insurer may deny insurance benefits if false information 
materially related to a claim was provided by the applicant. 
FL residents: Any person who knowingly and with intent to injure, defraud or deceive 
any insurer files a statement of claim or an application containing any false, incomplete, 
or misleading information is guilty of a felony of the third degree. 
NJ residents: Any person who includes false or misleading information on an application 
for insurance policy is subject to criminal and civil penalties. 
PA residents: Any person who knowingly and with intent to defraud any insurance 
company or other person files an application for insurance or statement of claim 
containing any materially false information or conceals for the purpose of misleading, 
information concerning any fact material thereto commits a fraudulent insurance act, 
which is a crime and subjects such person to criminal and civil penalties. 
MA residents: You may purchase optional credit life insurance and credit disability 
insurance. 
CREDIT LIFE INSURANCE: If you die while coverage is in force, we will pay the 
outstanding balance of your loan to the creditor. We will not pay a life benefit in the first 
2 years if you die as a result of suicide. 
CREDIT DISABILITY COVERAGE: If you become disabled while this coverage is in 
force, we will pay up to your minimum monthly payment, as of the date of your 
disability, to the creditor. We will not pay benefits if your disability is the result of war, a 
self-inflicted injury, flight in non-scheduled aircraft, foreign travel or residence or a pre-
existing illness. You must send proof of disability within 90 days.  There is a 30 day 
waiting period. You are eligible for this coverage if you work 30 hours a week, are in a 
non-seasonal occupation and meet the age criteria below. 

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GENERAL: See certificate of insurance for specific definitions. You are eligible for 
optional credit life insurance and credit disability insurance if you are between 18 and 65 
years of age.  Coverage will expire on your 66th birthday. The maximum benefit is 
$10,000. You may cancel this coverage at any time. All unearned premiums will be 
credited to your account by the actuarial method for life coverage and by the pro-rata rule 
for disability coverage. The premium rate for the credit life and credit disability insurance 
is $0.159 per $100 of monthly outstanding balance. These coverages can only be 
purchased as a package. If other insurance exists that covers this risk or that may cover 
this risk, one may not want or need this coverage. 

AMERICA’S FIRST FEDERAL CREDIT UNION CONTACT 
INFORMATION 

Toll-free: 1-800-633-8431 ext 4170 

Website: https://www.amfirst.org 

Local Birmingham phone: 205-320-4170 

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