Retain this Information for Future Use 
S&T BANK SECURED CARDHOLDER  
AGREEMENT AND DISCLOSURE STATEMENT 

1.  AGREEMENT TERMS AND ACCEPTANCE- In this 
agreement the word Card means any one or more of the Visa 
Cards issued to you or to an authorized user. The word Account 
means your Credit Card Account. The words you, your and yours 
mean you the cardmember and any joint Account holders. The 
words we, us and our mean S&T Bank. Application for, signing, 
or use of your Account or Card by you or anyone whom you 
authorize or permit to use your Account or Card, is considered 
acceptance by you of this Agreement. 

2.  USE OF ACCOUNT- You agree that you will use your 
Account for the following transactions: 
  A. Purchases of goods or services (credit purchases). 
  B. Cash advances obtained from banks or others through use 

of this Card.  

  C. This account will not be used for illegal transactions. 

We are not responsible for the refusal of anyone to accept or 
honor the card.  

3.  AUTHORIZED USERS- 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 they will be using it. If 
you want to cancel the authorized or permitted use of your 
Account or Card by another person, you must let us know in 
writing, and if a person has a Card you must return that Card cut 
in half with your written notice. 

4.  LOST OR STOLEN CARD- If the card is lost or stolen, or if 
you believe that someone is using your Account or Card without 
your permission, notify us immediately. You can notify us by 
telephoning 1.800.325.2265 during business hours or at 
1.800.241.0912 after business hours 

5.  UNAUTHORIZED USE- You may be liable for unauthorized 
use of your Account or 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 within 48 
hours. In any case, your liability will be $0.00. 

6.  CREDIT LIMIT- As security for your account, you will deposit 
in an S&T Bank Statement Savings Account and pledge to us an 
amount equal to or greater than your credit limit. All funds, 
including interest earned and paid, if any, is pledged as security 
for your credit card account. The minimum credit line for each 
account is $500 and maximum is $5,000. You agree not to use 
or permit the use of the Card in any manner that would cause 
the outstanding balance in your account to ever exceed the 
Credit Limit.  If the outstanding balance in your account ever 
exceeds the Credit Limit, you shall pay such excess to us upon 
demand by us. 

7.  PROMISE TO PAY- You promise to pay for all purchases and 
advances including any finance charge and other charges or 
fees, incurred by you or anyone you authorize or permit to use 
your Account or Card, even if you do not notify us that others are 

using your Account or Card. In addition, you promise to pay the 
amount of the annual fee charged to your Account. 

8.  MONTHLY BILLING STATEMENT- You will receive a 
monthly periodic billing statement. Your payment is due 25 days 
after the billing date on your statement. 

9.  MINIMUM MONTHLY PAYMENT- You may pay the entire 
New Balance shown on your monthly bill at any time or you can 
pay monthly installments. You must pay at least the minimum 
payment shown on your billing statement. This minimum 
payment will be 3% of the outstanding balance rounded up to 
the nearest whole dollar or $ 10.00, whichever is greater, plus 
any amount that is past due, plus the balance over the credit 
limit. 

10.  HOW FINANCE CHARGES ARE COMPUTED- The 
finance charge on cash advances is calculated according to 
Method A. The finance charge on credit purchases is calculated 
according to Method B. The periodic rate used to compute the 
FINANCE CHARGE is 1.5825% per month, which is equal to an 
ANNUAL PERCENTAGE RATE of 18.99%. 

11.  FINANCE CHARGE CALCULATION METHODS-  
The Finance Charge Calculation Method on cash advances and  
credit  purchases  applicable  to  your  Account  is  set  forth  in  the 
paragraphs below:  

METHOD A- A Finance Charge will be imposed on 
Cash Advances from the date made or from the first day 
of the billing cycle in which the Cash Advance is posted 
to your Account, whichever is later, and will continue to 
accrue until the date of the payment.  
The Finance Charge for a billing cycle is computed by 
applying the monthly Periodic Rate to the average daily 
balance, which is determined by dividing the sum of the 
daily balances during the billing cycle by the number of 
days in the cycle. Each daily balance is determined by 
adding to the Previous Balance (the outstanding 
balance of your Account at the beginning of the billing 
cycle) any new Cash Advances received and any new 
Credit Purchases posted to your Account, and 
subtracting any payments as received or credits as 
posted to your Account, but excluding any unpaid 
Finance Charges. 

METHOD B- A Finance Charge will be imposed on 
Credit Purchases only if you elect not to pay the entire 
New Balance shown on your monthly statement for the 
previous billing cycle within 25 days from the closing 
date of that statement. If you elect not to pay the entire 
New Balance shown on your previous monthly 
statement within that 25 day period, a Finance Charge 
will be imposed on the unpaid average daily balance of 
such Credit Purchases from the previous statement 
closing date and on new Credit Purchases from the date 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
of the transaction to your Account during the current 
billing cycle, and will continue to accrue until the closing 
date of the billing cycle preceding the date on which the 
entire New Balance is paid in full or until the date of 
payment more than 25 days from the closing date.  
The Finance Charge for a billing cycle is computed by 
applying the monthly Periodic Rate to the average daily 
balance of Credit Purchases which is determined by 
dividing the sum of the daily balances during the billing 
cycle by the number of days in the cycle. Each daily 
balance of Credit Purchases is determined by adding to 
the outstanding unpaid balance of Credit Purchases at 
the beginning of the billing cycle any new Credit 
Purchases posted to your Account and subtracting any 
payments as received and credit as posted to your 
Account, but excluding any unpaid Finance Charges. 

12.  ANNUAL FEE- A NONREFUNDABLE ANNUAL 
MEMBERSHIP FEE OF $39.00 WILL BE CHARGED TO YOUR 
ACCOUNT AT THE TIME OF ISSUE. EACH YEAR 
THEREAFTER, YOU SHALL PAY AN ANNUAL FEE OF 
$39.00 WHICH SHALL BE CHARGED TO YOUR ACCOUNT 
AS A MISCELLANEOUS CHARGE. 

13. OTHER CHARGES- You will be assessed a late payment 
fee up to $15.00 if a billing cycle minimum payment has not 
been posted and remains unpaid 15 days after such minimum 
payment’s scheduled due date. Payments will be applied the 
following order: (A) FINANCE CHARGES, (B) Miscellaneous 
Charges, (C) Previous Cash Advance charges, (D) Previous 
Purchases, (E) Current Cash Advance Charges and (F) Current 
Purchases. You will be assessed a Cash Advance fee of $2.00 
or 3% of the Cash Advance amount, whichever is greater. You 
will be charged $15.00 for any additional card issued on your 
account (including co-applicant).  A Returned Check Fee of up to 
$25.00 will be charged to your Account if the check you give us 
for payment of any amount due on your Account is not paid by 
the bank on which the check is drawn.  

14.  DEFAULT- If you fail to make a required payment when 
due or break any other promises under this Agreement, you will 
be in default. We can declare the entire balance of your 
Account due and payable without notice or demand. By your 
signature we have received security in all funds now or 
hereafter deposited, including interest, in your S&T Bank 
Statement Savings Account.  We may use these funds to 
satisfy any indebtedness incurred on your account. We can 
also do this if you make any false or misleading statements on 
your application or if you die or file bankruptcy. 

15. COLLECTION COSTS- You agree to pay to the extent 
permitted by applicable law, reasonable attorney’s fees and all 
other costs and disbursements incurred by us in legal 
proceedings to collect or enforce your indebtedness. 

16.  CANCELLATION- We may cancel or suspend your 
Account at any time without notice. You may cancel your 
Account by notifying us in writing and returning all cards to us cut 
in half. Of course, cancellation or suspension of your Account 
will not affect your liability to us for credit we have extended to 
you. 

status and payment history of your Account. You shall furnish to 
us financial statements promptly upon request from time to time 
and in such detail as we may require. 

18.  CHANGE OF TERMS- We can change the terms of this 
Agreement, including the annual membership fee and late 
payment fee, at any time provided we send you notice (at your 
address shown on our records) of the change at least 45 days 
prior to the effective date of the change.  However, we can 
reduce the Annual Percentage Rate or make any other changes 
beneficial to you at any time without sending you notice. 

19.  CHANGE OF ADDRESS- You will notify us of any address 
change within 15 days of the effective date of change. 

20.  ASSIGNMENT OF ACCOUNT-We can assign, sell, or 
transfer your Account or any portion thereof without notice to you 
or your consent. 

21.  CURRENCY CONVERSION- To convert purchases and 
loans made in a foreign currency, Visa U.S.A. uses their own 
currency conversion rates and procedures which are described 
in their operating regulations. Currently the currency conversion 
rate used to determine the transaction amount in U.S. dollars is 
generally a government-mandated rate in effect for the 
applicable central processing date, in each instance, plus or 
minus any adjustments determined by the Issuer. The currency 
conversion rate on the day before the transaction processing 
date may differ from the rate in effect at the time of the 
transaction or on the date of the transaction is posted on your 
Account. You agree to pay the converted amount in U.S. Dollars. 

22.  APPLICABLE LAW- This Agreement will be governed by 
the laws of the state of Pennsylvania and applicable Federal 
laws. If any part of this Agreement is unenforceable this does not 
make any other part unenforceable. 

DIRECT BANKING CENTER 
1.800.325.2265 
or locally in Indiana at 724.349.1800 

YOUR BILLING RIGHTS 
KEEP THIS NOTICE FOR FUTURE USE 

This notice contains important information about your rights and 
our responsibilities under the Fair Credit Billing Act. 

NOTIFY US IN CASE OF ERRORS OR 
QUESTIONS ABOUT YOUR BILL 

If you think your bill is wrong, or if you need more information 
about a transaction on your bill, write on a separate sheet to: 

CUSTOMER SERVICE 
PO BOX 31535 
Tampa, FL 33631-3535 

Write as soon as possible. We must hear from you no later than  
60 days after we sent your the first bill on which the error or  
problem appeared. You can telephone us, but doing so will not 
preserve your rights. 

17.  PRIVACY- We may investigate your credit, employment 
and income records and verify your credit references. We may 
also report to credit reporting agencies and other creditors the 

In your letter, give us the following information: 

•  Your name and Account number 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
•  The dollar amount of the suspected error 
•  Describe the error and explain, if you can, why you believe 
there is an error. If you need more information, describe 
the item you are not sure about. 

If you have authorized us to pay your credit card bill 
automatically from your savings or checking account, you can 
stop the payment on any amount you think is wrong. To stop the 
payment your letter must reach us three business days before 
the automatic payment is scheduled to occur. 

YOUR RIGHTS AND RESPONSIBILITIES AFTER 
WE RECEIVE YOUR WRITTEN NOTICE 

We must acknowledge your letter within 30 days, unless we 
have corrected the error by then. Within 90 days, we must either 
correct the error or explain why we believe the bill was correct. 

After we receive your letter, we cannot try to collect any amount 
you question, or report you as delinquent. We can continue to bill 
you for the amount you question, including finance charges, and 
we can apply any unpaid amount against your credit limit. You 
do not have to pay any questioned amount while we are 
investigating, but you are still obligated to pay the parts of your 
bill that are not in question. If we find that we made a mistake on 
your bill, you will not have to pay any finance charges related to 
any questioned amount. If we didn’t make a mistake, you may 
have to pay finance charges, and you will have to make up any 
missed payments on the questioned amount. In either case, we 
will send you a statement of the amount you owe and the date 
that it is due. 

If you fail to pay the amount that we think you owe, we may 
report you as delinquent. However, if our explanation does not 
satisfy you and you write to us within ten days telling us that you 
still refuse to pay, we must tell anyone we report you to that you 
have a question about your bill. And, we must tell you the name 
of anyone we report you to. We must tell anyone we report you 
to that the matter has been settled between us when it finally is. 

If we don’t follow these rules, we can’t collect the first $50.00 of 
the questioned amount, even if your bill was correct. 

SPECIAL RULE FOR CREDIT CARD PURCHASES 
If you have a problem with the quality of property or services that 
you purchased with a credit card, and you have tried in good 
faith to correct the problem with the merchant you may have the 
right not to pay the remaining amount due on the property or 
services. There are two limitations on this right: 

  a) You must have made the purchase in your home state, or if 
not within your home state within 100 miles of your current 
address; and 

  b) The purchase price must have been more than $50.00. 

These limitations do not apply if we own or operate the 
merchant, or if we mailed you the advertisement for the property 
or services. 

Revised 10/30/2015