3600 Brooks Street 
Missoula, MT 59801 
406-523-3300 
clearwatercreditunion.org 

CREDIT CARD AGREEMENT 

ACCOUNT NUMBER 

DATE 

BORROWER 1 

BORROWER 2 

Clearwater Federal Credit Union (doing business as Clearwater Credit Union, hereafter "the credit union"). In this Agreement, “You” and “your” mean 
any person who accepts this Agreement or uses the Card. The “Card” means any credit card issued to you or those designated by you under the terms 
of this Agreement. “We”, “us”, “our” and “Credit Union” means the Credit Union named above or its successors. By using your card, you agree to all of 
the terms and conditions set forth herein. 

THE  GRANTING  OF  THIS  SECURITY  INTEREST  IS  A  CONDITION 
FOR THE ISSUANCE OF CREDIT UNDER THIS AGREEMENT. 
YOU  SPECIFICALLY  GRANT  US  A  CONSENSUAL  SECURITY 
INTEREST IN ALL INDIVIDUAL AND JOINT ACCOUNTS YOU HAVE 
WITH US NOW AND IN THE FUTURE TO SECURE REPAYMENT OF 
CREDIT  EXTENDED  UNDER  THIS  AGREEMENT.  YOU  ALSO 
AGREE  THAT  WE  HAVE  SIMILAR  STATUTORY  LIEN  RIGHTS 
UNDER STATE AND/OR FEDERAL LAW. IF YOU ARE IN DEFAULT, 
WE CAN APPLY YOUR SHARES TO THE AMOUNT YOU OWE.  
Shares  and  deposits  in  an  Individual  Retirement  Account  or  any  other 
account that would lose special tax treatment under state or federal law 
if given are not subject to this security interest. 
If  you  have  other  loans  with  us,  collateral  securing  such  loans  will  also 
secure your obligations under this Agreement, unless that other collateral 
is your principal residence or non-purchase money household goods. 

Using  Your  Card.  You  can  purchase  or  lease  goods  and  services  from 
any merchant who honors your Card, and you may obtain cash advances 
from financial institutions and ATM machines that accept the Card, up to 
your maximum credit limit. You agree not to present your Card or obtain a 
cash advance for any extension of credit in excess of your available credit 
limit;  however,  if  you  do  exceed  your  credit  limit,  you  agree  to  make 
immediate  payment  sufficient  to  bring  the  balance  below  the  credit  limit. 
Certain  purchases  and  cash  advances  require  authorization  prior  to 
completion  of  the  transaction.  In  some  cases,  you  may  be  asked  to 
provide identification. If our system is not working, we may not be able to 
authorize  a transaction,  even though  you  have sufficient credit  available. 
Also, for security  reasons,  we may  block the  use  of  your  Card in certain 
countries or geographic areas. We will have no liability to you or others if 
any of these events occur.  

Personal  Identification  Number  (PIN).  We  may  issue  a  Personal 
Identification Number (PIN) for use with your Card. This PIN is confidential 
and should not be disclosed to anyone. You may use your PIN and your 
Card  to  access  your  account,  and  all  sums  advanced  will  be  added  to 
your  account  balance.  In  the  event  a  use  of  your  PIN  constitutes  an 
Electronic  Funds  Transfer,  the  terms  and  conditions  of  your  Electronic 
Funds Transfer Agreement may affect your rights.  

Promise  To  Pay.  You  promise  to  pay  us  in  U.S.  dollars  for  (a)  all 
purchases, cash advances, and balance transfers made by you or anyone 
whom you authorize to use the Card; (b) all Interest Charges and all other 
charges  or  fees;  (c)  collection  costs  and  attorney's  fees  as  permitted  by 
applicable law, and any costs incurred in the recovery of the Card; and (d) 
credit in excess of your credit limit that we may extend to you.   

Illegal  Transactions: You  agree  that  your  Card  and  account  will  not  be 
used  to  make  or  facilitate  any  illegal  transactions  as  determined  by 
applicable  law;  and  that  any  such  use  will  constitute  an  event  of  default 
under this Agreement. We may decline any transaction that we believe to 
be illegal under applicable law, including but not limited to any transaction 
involving or relating to any gambling activity. You agree that we will have 
no  liability  or  responsibility  for  any  such  use  by  you  or  any  authorized 
user(s);  or  for  declining  any  such  transaction.  You  further  agree  to 
indemnify  and  hold  us  harmless  from  any  suits,  liability,  damages  or 

adverse  action  of  any  kind  that  results  directly  or  indirectly  from  such 
illegal  use.  You  promise  to  pay  us  any  and  all  amounts  owing  on  your 
Card  for  any  transactions  made  by  you,  even  if  the  transaction  is 
determined to be illegal.  

Joint Accounts. Each of you will be responsible, jointly and severally, for 
the  repayment  of  amounts  owed,  regardless  of  who  initiated  any 
transaction under the account.  

Others  Using  Your  Account.  If  you  allow  anyone  else  to  use  your 
account,  you  will  be  liable  for  all  credit  extended  to  such  persons.  You 
promise  to  pay  for  all  purchases  and  advances  made  by  anyone  you 
authorize to use your account, whether or not you notify us that he or she 
will be using it. If someone else is authorized to use your account and you 
want to end that person's privilege, you must notify us in writing, and if he 
or she has a Card, you must return that Card with your written notice for it 
to be effective. 

Ownership  of  Card.  Your  Card  remains  our  property  and  may  be 
cancelled  by  us  at  any  time  without  notice. You  agree  to  surrender  your 
Card and to discontinue use of the account immediately upon our request. 

Interest  Charges.  You  agree  to  pay  interest  at  the  rate(s)  disclosed  to 
you at the time you open your account and as may be changed from time 
to  time  in  accordance  with  applicable  law.  Average  Daily  Balance 
including new transactions: Interest Charges will accrue on your average 
daily  balance  outstanding  during  the  month.  To  get  the  average  daily 
balance,  we  take  the  beginning  balance  each  day,  add  any  new 
purchases,  cash  advances,  balance  transfers  or  other  advances,  and 
subtract any payments, unpaid interest charges, and unpaid late charges. 
This gives us the daily balance. Then, we add up all the daily balances for 
the billing cycle and divide that by the number of days in the billing cycle. 
We  then  multiply  that  by  the  periodic  rate  corresponding  to  the  Annual 
Percentage  Rate  on  your  account.  If  you  have  different  rates  for 
purchases,  cash  advances  or  balance  transfers,  separate  average  daily 
balances  for  each  will  be  calculated  and  the  appropriate  periodic  rate  is 
then applied to each. 

Grace  Period  on  Purchases  Only:  You  can  avoid  Interest  Charges  on 
purchases  by  paying  the  full  amount  of  the  new  balance  for  purchases 
each month by the date on which the payment is due. Otherwise, the new 
balance  of  your  account,  and  subsequent  advances  from  the  date  they 
are  posted  to  the  account,  will  be  subject  to  an  Interest  Charge.  You 
cannot  avoid  Interest  Charges  on  cash  advances  and  balance transfers; 
even  if  you  pay  the  entire  cash  advance  balance  or  balance  transfer 
balance  by  the  payment  due  date,  you  will  incur  the  Interest  Charges 
accrued from the date the cash advance or balance transfer is posted to 
your account.  

Fees.  In  addition  to  the  Interest  Charges  set  forth  above,  you  agree  to 
also pay any and all fees that you incur as disclosed to you on your Truth-
in-Lending  Statement  or  similar  disclosures  (as  may  be  amended  from 
time to time), or as disclosed to you during the term of your Card.  

If Your Card is Lost or Stolen or if an 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. 

9011 LASER WORD FI18422 Rev 7-2019 

COPYRIGHT 2006 Securian Financial Group, Inc. All rights reserved. 

page 1 of 3 

 
 
 
 
 
 
 
 
The  telephone  number to call is  (844)  228-5068.  You  agree  to  follow  up 
your  call  with  notice  in  writing  to  us  at:  3600  Brooks  St.,  Missoula,  MT 
59801.  You  also  agree 
facts, 
to  assist  us 
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 unauthorized use only if we can prove that you were negligent in 
your use or handling of your Card, or if we can prove that you used your 
Card fraudulently. 

in  determining 

the 

Minimum Payment  Due;  Crediting of Payments.  Payments  are due  in 
the  amount  and  on  the  date  disclosed  on  your  billing  statement.  If  your 
payment  is  received  by  us  on  a  business  day  at the  address  and  by  the 
time designated on the billing statement, it will be credited to your account 
on the date of receipt. If payment is made at any location other than the 
address  designated  on  the  periodic  statement,  credit  for  such  payment 
may be delayed up to five (5) days. Payments will be applied in any order 
we determine, subject to applicable law.  

Default;  Acceleration;  Credit  Suspension;  Collection  Costs.  You  will 
be in default if: (1) you fail to make any payment on time; (2) if you fail to 
keep any promises you have made under this Agreement or under other 
Agreements  you  have  with  us;  (3)  if  you  die;  (4)  if  you  file  a  petition  in 
bankruptcy  or  have  a  bankruptcy  petition  filed  against  you,  or  if  you 
become involved in any insolvency, receivership or custodial proceeding; 
(5)  if  anyone  attempts  to  take  any  of  your  funds  held  by  us  via  legal 
process or if you have a judgment or tax lien filed against you; (6) if you 
make  any  false,  inaccurate,  or  misleading  statements  in  any  credit 
application  or  credit  update;  or  (7)  if  we,  in  good  faith,  believe  that  your 
ability to repay what you owe is or soon will be impaired, or that you are 
unwilling to make your payments.  
If you are in default, we have the right to demand immediate payment of 
your full account balance without giving you notice. If immediate payment 
is demanded, you agree to continue paying interest charges and fees until 
what you owe has been paid, and any shares that were given as security 
for your account may be applied towards what you owe. You agree to pay 
all  reasonable  costs  of  collection,  including  court  costs  and  attorney's 
fees,  and  any  costs  incurred  in  the  recovery  of  the  Card,  subject  to 
applicable law. Even if your unpaid balance is less than your credit limit, 
you  will  have  no credit  available during  any time  that  any  aspect  of  your 
account is in default.   

Suspension  of  electronic  services  and  access  to  share  or  deposit 
accounts.  Subject  to  applicable  law,  we  may  suspend  some  or  all 
electronic services and access to your checking or other account(s) if you 
become delinquent on any of your credit card or deposit obligations to us 
or you cause a loss to us. We shall not be liable to you in any regard in 
connection with such suspension of services. 

Additional  Benefits/Card  Enhancements.  We  may  from  time  to  time 
offer additional services to your Account at no additional cost to you. You 
understand  that  we  are  not  obligated  to  offer  such  services  and  may 
withdraw or change them at any time.   

Convenience  Checks.  We  may,  at  our  discretion,  issue  checks  to  you 
which  may  be  used  for  any  purpose  other  than  making  a  payment  for 
credit to your account. By signing such check, you authorize us to pay the 
item for the amount indicated and post such amount as a cash advance to 
your  account.  We  do  not  have  to  pay  any  item  which  would  cause  the 
outstanding balance in your account to exceed your credit limit.   

Credit  Information.  We  may  from  time  to  time  request  personal 
information  from  you  or  obtain  credit  reports  from  the  credit  reporting 
agencies  for  the  purpose  of  updating  your  credit  status.  Your  failure  to 
provide such information when requested by us may result in suspension 
of  credit  privileges  under  this  Agreement,  including  your  ability  to  obtain 
any future advances by any means. You authorize us to investigate your 
credit standing when opening or reviewing your account. You authorize us 
to  disclose  information  regarding  your  account  to  credit  bureau  and 
creditors who inquire about your credit standing.  

Foreign  Transactions;  Currency  Conversion.  Purchases  and  cash 
advances made in foreign currencies will be billed to you in U.S. dollars. 
The conversion rate in dollars will be a rate selected by the card company 
from  a  range  of  rates  available  in  wholesale  currency  markets  for  the 

9011 LASER WORD FI18422 Rev 7-2019 

the  applicable  central  processing  date 

applicable central processing date, which rate may vary from the rate the 
card  company  itself  receives,  or  the  government-mandated  rate in  effect 
for 
instance.  All 
transactions  processed  outside  of  the  United  States  (which  may  include 
internet  transactions)  will  be  charged  a  foreign  transaction  fee  in  the 
amount disclosed on your Truth-in-Lending Statement (as amended from 
time to time).  

in  each 

Termination;  Change-in-Terms.  We  may,  by  written  notice,  terminate 
this Agreement at any time, subject to applicable law. You may terminate 
this  Agreement  by  written  notice.  Termination  by  either  party  shall  not 
affect your obligation to repay any balance on your account resulting from 
use  of  the  Card  as  well  as  Interest  Charges  and fees  incurred. We  may 
change  the  terms  of  this  Agreement,  including  the method  of calculating 
the periodic rate, at any time, by written notice, subject to applicable law. 
Use of the Card constitutes agreement and acceptance of any change in 
terms,  unless  applicable  law  requires  otherwise.  Our  failure  to  exercise 
any  of  our  rights  or  to  take  any  action  shall  not  constitute  a  waiver  of 
those  rights,  or  an  amendment  or  change  in  any  of  the  terms  of  this 
Agreement.   

Late or Partial Payments. Any payment that delays the reduction of your 
balance  will  increase  your  total  interest  costs.  Partial  payments  or 
prepayments  will  not  delay  your  next  scheduled  payment  -  you  will  still 
need  to  make  the  minimum  scheduled  payment  by  the  next  scheduled 
due  date  to  keep  your  account  current.  We  may  accept  late  payments, 
partial  payments,  checks  or  money  orders  marked  "payment  in  full"  and 
such  action  shall  not  constitute  final  settlement  of  your  account  or  a 
waiver or forgiveness of any amounts owing under this Agreement.  

Enforcement.  We  do  not  lose  our  rights  under  this  or  any  related 
agreement  if  we  delay  enforcing  them.  If  any  provision  of  this  or  any 
related agreement is determined to be unenforceable or invalid, all other 
provisions remain in full force and effect.  

Returns  and  Adjustments.  Merchants  and  others  who  honor  the  Card 
may  give  credit  for  returns  or  adjustments,  and  they  will  do  so  by 
submitting a credit slip which will be posted to your account. If your credits 
and  payments  exceed  what  you  owe  us,  the  amount  will  be  applied 
against future purchases and cash advances. If the credit balance amount 
is $1 or more, it will be refunded upon your written or verbal request.  

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 that you purchase with the Card unless: 
(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 and 
was made from a plan merchant in your state or within 100 miles of your 
home;  and  only  if  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.  We  do  not  warrant  any 
merchandise or services purchased by you with the Card.  

Statements and Notices. Statements and notices will be mailed to you at 
the most recent postal address or e-mail address (if you have elected to 
receive such documents via electronic means) you have given us. Notice 
sent to any one of you will be considered notice to all.  

Notification  of  Address  Change.  You  will  notify  us  promptly  if  you 
change  your  address  for  any  reason.  In  order  to  prevent  identity  theft, 
your identity may need to be verified before we act upon the notification.  

Copy Received. You acknowledge that you have received a copy of this 
Agreement.   

Governing  Law.  This  Agreement  shall  be  construed  under  federal  law 
and state law in the state in which we are primarily located, and the venue 
shall be located in the county and state in which we are primarily located. 
Operating  regulations  of  Visa  may  also  apply.  This  Agreement  is  the 
contract  that  applies  to  all  transactions  even  though  the  sales,  cash 
advance, convenience check, credit or other slips you sign or receive may 
contain different terms. 

NOTICE  TO  UTAH  BORROWERS:  This  written  agreement  is  a  final 
expression  of  the  agreement  between  you  and  the  Credit  Union.  This 
written  agreement  may  not  be  contradicted  by  evidence  of  any  oral 
agreement.

COPYRIGHT 2006 Securian Financial Group, Inc. All rights reserved. 

page 2 of 3 

 
IMPORTANT DISCLOSURES FOR ACTIVE MEMBERS OF THE MILITARY AND THEIR DEPENDENTS: 
The  following  applies  if  at the time  this  loan  is made  you  are  an  active member  of  the military  or  a dependent  (as  those terms  are  defined  in the 
Military Lending Act (MLA), 10 U.S.C. 987 and its implementing regulations (“MLA”)), and (a) your loan is unsecured or secured by personal property 
or a vehicle that you did not purchase with the proceeds of the loan; or (b) it is otherwise determined by law that the MLA applies to your loan. If this 
loan is a revolving line of credit or credit card, the MLA ceases to apply at any time during which you are not a member of the military or a dependent 
(as defined in the MLA). 
1.  NOTICE: Federal law provides important protections to members of the Armed Forces and their dependents relating to extensions of consumer 
credit. In general, the cost of consumer credit to a member of the Armed Forces and his or her dependent may not exceed an annual percentage 
rate of 36 percent. This rate must include, as applicable to the credit transaction or account: the costs associated with credit insurance premiums 
or debt protection fees; fees for ancillary products sold in connection with the credit transaction; any application fee charged (other than certain 
application fees for specified credit transactions or accounts); and any participation fee charged (other than certain participation fees for a credit 
card account). To receive this notice verbally, please call 1.844.523.3345 during our normal business hours. 

2.  This  loan  will  not  be secured  by a  consensual  lien  on  shares  or  deposits  in  any  of  your  accounts  unless  you  agree  to  establish  an  account  in 
connection with this loan (“Secured Account”). Only funds deposited into the Secured Account after the loan is made will secure this loan. Any 
cross-collateralization provision contained in your loan or account documents will not apply to the Secured Account or your other share or deposit 
accounts for any loan subject to the Military Lending Act. 
However, we reserve our statutory lien rights and rights to set-off or administrative freeze under federal or state law, which gives us the right to 
apply the sums in the Secured Account or any other account(s) you have with us to satisfy your obligations under this loan. 

3.  Any  reference  in  this  consumer  credit  contract  to  the  following  are  hereby  inapplicable  to  your  loan:  (a)  Mandatory  arbitration;  (b)  Any 
requirement(s) to waive your rights to legal recourse under any applicable state or federal law; (c) Any demands or requirements construed as 
unreasonable notice from you in order to exercise your legal rights; or (d) Prepayment penalties. 

4.  Any provisions in your consumer credit contract, loan, security, or account agreements that are determined to be inconsistent with or contradictory 
to these disclosures or the MLA (as they may be changed or amended from time to time) are inapplicable with regard to this loan. However, all 
other terms and conditions of the consumer credit contract shall remain in full force and effect. 

5  

BILLING RIGHTS NOTICE 

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.  

If  You  Are  Dissatisfied  With  Your  Credit  Card 

Your  Rights 
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. 

9011 LASER WORD FI18422 Rev 7-2019 

COPYRIGHT 2006 Securian Financial Group, Inc. All rights reserved. 

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