M-97163 

NEW START CREDIT CARD AGREEMENT AND DISCLOSURES 
EFFECTIVE JUNE 2011 

BINDING ARBITRATION: EXCEPT AS SPECIFICALLY PROVIDED HEREIN, THE ARBITRATION PROVISION IN 
THIS  AGREEMENT  SUBSTANTIALLY  LIMITS  YOUR  RIGHT  TO  BRING  A  LEGAL  ACTION  IN  A  JUDICIAL 
FORUM  (EXCEPT  FOR  MATTERS  THAT  MAY  BE  BROUGHT  IN  SMALL  CLAIMS  COURT  AS  SET  FORTH 
HEREIN). PLEASE READ THIS SECTION CAREFULLY. THE PARTIES WILL NOT HAVE A RIGHT TO HAVE A 
JUDGE  OR  JURY  DECIDE  ANY  CLAIM  OR  DISPUTE;  AND  THE  ABILITY  TO  APPEAL  IS  LIMITED  IN  AN 
ARBITRATED MATTER HEREUNDER. ANY DISPUTES WILL BE DECIDED BY A NEUTRAL ARBITRATOR. 
FURTHER, NEITHER PARTY NOR ANYONE OF THEIR BEHALF CAN PURSUE ANY CLAIM OR DISPUTE IN 
ANY CLASS OR REPRESENTATIVE CAPACITY. IT IS THE INTENT OF THE PARTIES HERETO TO PROVIDE A 
FUNDAMENTALLY FAIR AND LESS COSTLY FORUM TO ADDRESS ANY DISPUTES BETWEEN THE PARTIES; 
AND THE PARTIES SPECIFICALLY AGREE TO THIS ALTERNATIVE METHOD OF DISPUTE RESOLUTION AS 
AN INTEGRAL PART OF THE RELATIONSHIP BETWEEN THE PARTIES. SEE PARAGRAPH 37 HEREIN FOR 
COMPLETE DETAILS.   

THIS IS YOUR AGREEMENT AND DISCLOSURE STATEMENT WITH ONE NEVADA CREDIT UNION.  PLEASE 
READ IT CAREFULLY AND KEEP IT FOR YOUR RECORDS. THIS DISCLOSURE IS DATED MARCH 2008 AND 
SUPERSEDES ALL PRIOR AGREEMENTS AND DISCLOSURE STATEMENTS RELATING TO YOUR ACCOUNT. 
 YOU DO NOT HAVE TO SIGN THIS AGREEMENT.  YOUR AGREEMENT TO ALL OF THESE PROVISIONS, AS 
AMENDED  FROM  TIME  TO  TIME  INCLUDING  THE  CARD  ISSUED  BY  US,  WILL  BE  SHOWN  BY  YOUR 
APPLICATION  FOR  THE  CARD,  YOUR  ACCEPTANCE  OF  THE  CARD,  OR  YOUR  USE  OF  THE  CARD, 
WHICHEVER OCCURS FIRST. 

1. Definitions. In this Agreement, the word "Card" means either one or more VISA credit cards and any duplicates, 
renewals or substitutions we issue.  The words, "you," "your," and "yours" mean all cardholders (borrowers and co-
borrowers); anyone any cardholder permits to use the Card(s); as well as any authorized user for whom an additional 
Card(s) is issued to the extent of their purchases and cash advances, as well as transactions by anyone they permit to 
use the Card(s).  The word "cardholder" means any applicant or co-applicant to whom a Card is issued by us.  The 
words "Credit Union," "we," "us," and "our" mean One Nevada Credit Union.   

2. Pledge of Shares and Security Interest. 

BY SIGNING AN APPLICATION, ACCEPTANCE OR AUTHORIZED USE OF ANY CREDIT CARDS, YOU GRANT 
AND  PLEDGE  A  CONSENSUAL  LIEN  TO  US  ON  ALL  SHARES  TO  SECURE  PAYMENT  OF  YOUR 
OBLIGATIONS ON THIS ACCOUNT.  IN ADDITION, YOU ACKNOWLEDGE OUR STATUTORY LIEN RIGHTS 
UNDER THE FEDERAL CREDIT UNION ACT; YOU AGREE THAT SUCH A LIEN IS IMPRESSED AS OF THE 
DATE THAT THIS ACCOUNT IS OPENED; AND YOU AGREE THAT WE CAN APPLY THE SHARES PLEDGED 
AT THE TIME OF ANY DEFAULT ON THIS ACCOUNT WITHOUT FURTHER NOTICE. “Shares” for the purpose 
of your pledge to secure your obligations to the Credit Union means all deposits in any share savings, share 
draft, club, certificate, P.O.D., revocable trust or custodial account(s), whether jointly or individually held -- 
regardless of contributions, that you have on deposit now or in the future.  Your pledge does not include any 
I.R.A., Keogh, tax escrow, irrevocable trust or fiduciary account in which you do not have a vested ownership 
interest. 

SECURITY AGREEMENT:  SECURITY AGREEMENT: “Non-Purchase-Money Security Interests” Payments on your 
Account are secured by any security interest in any property securing your other obligations to the Credit Union, 
whether existing now or in the future, except your household goods and your primary residence. “Purchase-Money 
Security Interests” You hereby grant Credit Union security interest in all property purchased/acquired by you or any 
authorized user pursuant to the use of this Account, including a purchase-money security interest in any household 

 
 
 
 
 
 
 
 
 
 
 
 
goods purchased/acquired with an extension of credit upon this Account.   These Purchase-Money Security Interests 
shall secure faithful performance of all obligations arising under this Agreement; and the Credit Union shall have all of 
the rights of a secured party in accordance with Article Nine of the Uniform Commercial Code and/or other applicable 
law. 

3. How to Use this Account. You must sign the Card in order to use it. You can purchase or lease goods and 
services ("Purchases") from any merchant who honors your Card up to your maximum credit limit by presenting your 
Card and signing a sales slip for the amount of the Purchase. You may also use the Card to obtain cash loans ("Cash 
Advances") up to your maximum credit limit from financial institutions that accept the VISA credit card. You agree not 
to present your Card, obtain a Cash Advance for any extension of credit in excess of your available Credit Limit (the 
difference between your outstanding balance and your maximum credit limit) on your account. 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. 

4. ATM Access.  If you have received a personal identification number (PIN), you may use your Card and PIN to 
obtain Cash Advances at any Automatic Teller Machine ("ATM") that accepts your Card.  Your PIN is confidential and 
should not be disclosed to anyone.  You agree not to write your PIN on your Card, you will not keep your Card and 
PIN together, and you will not provide your PIN to anyone who is not an authorized user.  Except as otherwise 
provided in this agreement, advances through ATM access will be treated as Cash Advances under this Agreement.  
Advances at authorized ATM's are limited by card type, contact One Nevada Credit Union for more information.  The 
total of all cash advances on your Visa Account and any withdrawals from your other accounts through an ATM in any 
24-hour period may be combined for the purpose of this limitation.  Although we do not charge a fee for this service, 
others may. Owners of ATMs that we do not own may charge fees in addition to any fees disclosed in this 
Agreement.   This is not a fee charged by your Credit Union; however, any such fee will be added to your 
account. The party charging the fee is required to provide appropriate disclosures to you with regard to any 
such fees. 

5. Maximum Credit Limit.  Your Maximum Credit Limit will appear on the folder in which you receive your Card 
and on your monthly statement. At our discretion, we may change your credit limit at any time, and may provide 
separate limits for purchases and for cash advances.  We will notify you if we do, either by mail or through your 
monthly billing statement. You may request a change to your credit limit by contacting the Credit Union by 
telephone or mail.  Your continued use of the card will show your agreement to any such increase.  If you object 
to an increase in your credit limit, you must notify Credit Union in writing.  Upon receipt of such notice, your credit 
limit will be reduced to its prior limit; however, you will be responsible to pay any amounts by which you have 
exceeded the reduced limit.  You agree to pay any amounts you owe that exceed your maximum credit balance 
upon demand. You agree we are not obligated to extend to you credit for any amount that would cause your 
outstanding balance to exceed your Maximum Credit Limit, or for any amount if your outstanding balance already 
exceeds your Maximum Credit Limit. Any increase in your Maximum Credit Limit requested by you will require you 
to make a written application for our approval. In assessing any increase to your credit limit under the provisions 
in this Section: (a) we may and you authorize us to review your credit history, including consumer credit reports; 
(b) you authorize us to have this review made by third parties to determine whether you meet the criteria we have 
set for such an increase; and (c) this process shall not be pre-screening under the Fair Credit Reporting Act or 
other applicable laws or regulations based on our existing relationship and this Agreement. 

6. General Terms Governing Your Payments. You will be jointly and severally liable and agree to pay the Credit 
Union for all charges (purchases, cash advances, finance charges, and other charges added to your Account under 
the terms of this or any other agreements with us) extended to you or anyone else using any Card issued for your 
account, unless the use of such Card is by a person other than you, who does not have actual, implied or apparent 
authority for such use and from which you receive no benefit.  Authority includes, but is not limited to, any authorized 
users permitting another person to use any Card(s).  Further, all users are obligated to us for all charges they make, 
authorize or permit. 

 
 
 
 
 
 
 
 
The Credit Union can accept late or partial payments as well as payments that are marked with "paid in full" or other 
restrictive endorsements, without losing any of our rights under this Agreement.  If you pay more than the Minimum 
Payment  Due,  we  will  allocate  the  excess  amount  to  your  account  balance  at  our  discretion,  unless  you  tell  us 
otherwise.  You must pay the Credit Union in U.S. dollars drawn on funds on deposit in the United States.  If you make 
payment with other currencies or from an institution domiciled outside the United States, then your payment will not be 
credited until the funds have been collected by us in U.S. dollars.  The Credit Union will determine the method of 
applying payments and credits to your account.  We may accept checks marked "Payment in Full" or with words of 
similar effect without losing any right to collect the full balance of your account. 

You authorize us to honor any Purchase or Cash Advance you make by telephone or mail on this account.  You agree 
that a signature is not necessary as identification in such cases.  We reserve the right to refuse to honor any request 
for credit, to reduce your credit limit or terminate your account at any time using our sole discretion, based on changes 
in the economy, the Credit Union's financial condition, your creditworthiness or for any other reason not prohibited by 
law. 

To protect you and us, the Credit Union, in its sole discretion, may place a temporary freeze on all or part of 
the credit available to you for new purchases or cash advances under this agreement any time the Credit 
Union receives a large payment ($1,000.00 or more), by a method other than cash, certified funds or electronic 
transfer.  In such cases, the Credit Union may freeze your credit line until payment is actually collected by us. 

7. Minimum Payment Due.  You can pay off your account balance in full each month or you can pay in monthly 
installments.  If you do not pay your balance in full, you agree to pay at least a minimum payment of 5% of your New 
Balance (rounded to the nearest whole dollar) or $25.00, whichever is greater at the end of each statement period.   If 
the New Balance shown on your periodic statement is $25.00 or less, you agree to pay this amount.  Unless the Credit 
Union takes other action as a result of a default under this Agreement, the Minimum Payment Due will also include 
any amount that is past due and any amount by which your new balance exceeds your credit limit.  Payments and 
credits will be applied first to pay billed but unpaid finance charges; annual fee (if applicable); late charges, and other 
fees or charges provided for herein; and next to unpaid cash advances; and then to your unpaid purchase balance.  
You must pay at least the minimum payment each month, but you may pay more than that amount at any time without 
a penalty.  The sooner you pay your new balance, the less you will have to pay in finance charges. The "Payment Due 
Date" will be shown on your periodic statement. 

Grace Period for Repayment of the Balance for Purchases: There is no grace period for the repayment of the 
balance for purchases. 

8. Returns and Adjustments. Merchants and others who honor your Card may give credit for returns or adjustments, 
and they will do so by sending the Credit Union a credit slip which will be posted to your Account.  If your credits and 
payments exceed what you owe the Credit Union, the amount will be applied against future purchases and cash 
advances.  If the credit balance amount is $1.00 or more, it will be refunded upon your written request or automatically 
after six months. 

9. Additional Charges for Transactions in a Foreign Currency and “Cross-Border” Transactions. Currency 
Conversion Fee: If you effect or authorize a transaction with your access device in a currency other than US 
Dollars, VISA will convert the charge into a US Dollar amount. The VISA currency conversion procedure includes 
use of either a government mandated exchange rate, or a wholesale exchange rate selected by, as applicable. 
The exchange rate VISA uses will be a rate in effect on the day the transaction is processed. This rate may differ 
from the rate in effect on the date of the purchase or the date the transaction was posted to your account. A 
Currency Conversion Fee of up to 1.5% will be applied to transactions that are converted from foreign currencies 
to U.S. dollars. Cross-Border Transaction Fee: In addition, VISA charges us a Cross-Border Assessment up to 
1.5% on each transaction on all cross border transactions regardless of whether there is a currency conversion. 
For purposes of this Section, “cross-border transaction” shall include both (a) transactions initiated in a foreign 
country which are subsequently settled in the United States, and (b) transactions initiated in the United States but 
which are ultimately settled in a country outside of the United States. The Credit Union will assess these fees to 
you to reimburse it for the fee it is required to pay for each of your transactions subject to these terms. The Cross-
Border transaction fee will be shown separately on your periodic billing statement. The Currency Conversion Fee, 
if it applies to the transaction, will be included in the transaction amount posted on your statement 

 
 
 
 
 
 
 
10. Finance Charges on Account.  You agree to pay the FINANCE CHARGE on your account. 

A FINANCE CHARGE computed on a monthly periodic rate ("MPR") will begin to accrue on the transaction date of 
Cash Advance(s) and Purchases or the first day of the billing cycle, whichever is later, and will continue to be imposed 
until you have paid any outstanding balance in full. The Credit Union calculates the FINANCE CHARGE as follows: 

  a. The FINANCE CHARGE will be figured by applying the monthly periodic rate of your Account, indicated in the 
following schedule, to the average daily balance of Purchases and Cash Advances.  The monthly periodic rate and 
ANNUAL  PERCENTAGE  RATE  (APR)  to  be  used  is  determined  by  the  account  applied  for  or  approved  by  us 
pursuant to the terms of your application. 

b. To get the total average daily balance on your Account, we take the beginning balance of your Account each day, 
add any new Purchases and Cash Advances, unpaid Finance Charges, current late payment fees, any annual fee, if 
applicable, and other fees, and subtract any payments or credits. This is your daily balance. Then we add up all the 
daily balances for the billing cycle and divide their total by the number of days in the billing cycle. This gives you the 
average daily balance. This determines the balance subject to the FINANCE CHARGE. 

Minimum Finance Charge: There is a minimum finance charge of $1.00 each month.  

The Credit Union, in its sole discretion, may change the Monthly Periodic Rate and ANNUAL PERCENTAGE RATE 
from time to time.  Any change in the Finance Charge shall apply both to the outstanding balance and any new 
Purchase and Cash Advances.  If the current effective rates are different, they are disclosed on an enclosed/attached 
insert. 

11.  Promotional  Finance  Charges.    From  time  to  time  and  in  our  sole  discretion  we  may  offer  a  special  rate 
applicable to certain transactions such as particular purchases (as defined by us), balance transfers, cash advances 
or purchases made by using Convenience Checks.  Applicable terms and conditions will be disclosed at the time any 
such promotion is offered, and are incorporated into this Agreement by reference.  The promotional rate will apply only 
to the transactions and for the period of time set forth in any such offer from us.  Existing balances and new purchases 
or advances not expressly subject to any such promotion will remain governed by the terms and conditions of this 
Agreement.  In addition, the terms and conditions of this Agreement will govern your obligations regarding any unpaid 
balance or transactions that are made subject to any such promotional offer, that are not fully paid within the time 
period set forth in such promotional offer. 

12.  Interest  Rate  Adjustment  (Default  Rate)  The  Credit  Union  may  adjust  the  interest  rate  on  your  account 
whenever your account is 60 days past due.  We may change your interest rate to a fixed rate of 18% ANNUAL 
PERCENTAGE RATE (or less in the Credit Union’s discretion) which is a monthly periodic rate of 1.50%, on the first 
day of the billing cycle following the cycle that was 60 days past due.  After twelve (12) consecutive billing cycles of 
your account being paid pursuant to the terms of your agreements with the Credit Union, we may change the interest 
rate to the rate that is then applicable to your account, which will become effective on the first day of the billing cycle 
following the twelfth consecutive billing cycle. 

13. Monthly Statement.  We will send you a monthly billing statement whenever there is activity on your account. 
 Your monthly statement will show an itemized list of current charges (Purchases and Cash Advances) and 
Convenience Check transactions to your account, your new balance, any Finance Charges, the minimum 
payment due, and the payment due date.  In addition, it will show your current credit limit, payments, and credits, 
a summary showing your Purchases and Cash Advances, the merchant, electronic terminal or financial institution 
at which transactions were made, as well as other information concerning your account.  Sales, Cash Advance, 
credit or other slips cannot be returned with any statement.  You will retain a copy of such slip furnished at the 
time of the transaction in order to verify your monthly statement. E-Statements: If provided electronically, 
statements will be (1) e-mailed to you as an attachment; or (2) you will be sent a notice via e-mail that will direct 
you to a site we maintain or cause to be maintained where you may access, review, print and otherwise copy / 
download your periodic statements using procedures that we authorize. E-mails from us will be sent to the e-mail 

 
 
 
 
 
 
 
 
 
 
 
 
 
address provided by any owner.  

14. Additional Benefits/Card Enhancements. The Credit Union may from time to time offer additional services to 
your Account, such as travel accident insurance or rebates at no additional cost to you.  You understand that the 
Credit Union is not obligated to continue or to offer such services and may withdraw or change them at any time. If 
these benefits are withdrawn prior to any accrued use by you, the Credit Union will have no obligation to provide the 
benefit or enhancement, or any other compensation or consideration.  

15. Merchant Disputes.  The Credit Union is not responsible for the refusal of my merchant or financial institution to 
honor  your  Card  except  as  set  forth  in  the  Special  Rules  for  Credit  Card  Purchases  set  forth  at  the  end  of  this 
Agreement.   

16. Skip Payment Option.  At our option, we may offer you the opportunity to not make ("skip") a minimum payment 
during certain designated billing cycles ("skip payment period").  If you do not make your minimum payments as 
provided in this Agreement, during such designated billing cycles, you understand that we will continue to apply 
finance charges to your account. Beginning with the billing cycle following an allowed skip payment period, all other 
provisions of this Agreement will apply.  We have no obligation to accept your application for any skip payment period 
offered, and you authorize us to investigate your creditworthiness including obtaining consumer credit reports. We 
may charge you an application processing fee of up to $50.00 for each skip payment period that we may offer to cover 
our costs of investigating your qualifications for this extension including but not limited to the costs associated with 
researching you creditworthiness. 

17. Late Payment Fee. Credit Union will charge your account a late payment fee of $25.00 for each billing period in 
which your minimum payment is not received within seven (7) days of your payment due date. This fee may be added 
to your account balance, or collected from you on demand. 

18.  Returned  Payment  or  Insufficient  Funds  Fee.  Credit  Union  will  charge  your  account  a  $25.00  fee  if  your 
payment by any method, including check, electronic transfer, home banking transaction or otherwise, is not honored, 
collected by us, or if we must return it to you because it cannot be processed for any reason.  This fee may be added 
to your account balance, or collected from you on demand. 

19. Cash Advance Fee. Credit Union will charge your account a $10.00 fee for every cash advance requested.  This 
fee will be added to your account balance. 

20.  Monthly Servicing Fee: Credit Union will charge a monthly servicing fee of $19.50 each month. This fee will be 
added to your account balance.  

21. Charge for Copies, Research and Card Replacement. If you ask for a copy of any document, such as a sales 
slip, or billing statement, a charge of $20.00 per hour may be imposed for the time it takes to research and locate the 
document.  In addition, a copying fee of $2.00 per copy will be imposed.  However, no charge will be imposed in 
connection with any actual or asserted billing error.  We will charge a $5.00 fee for all card replacements. 

22. Card Recovery Fee.  A card recovery fee up to $75.00 may be charged if you use the card(s) after we mail you 
notice of termination of this Agreement. 

23. Your Responsibility and Liability for Unauthorized Use and Lost or Stolen Cards If your Card is lost or 
stolen, or if you are afraid someone used or may use them without your permission, you must notify the Credit Union 
at once by calling 1-800-449-7728.  If notice is given orally, you will promptly confirm it in writing.  The Credit Union 
may require you to provide us certain information in writing to help us investigate any unauthorized use.  Further, you 
agree to cooperate and assist us or any government or law enforcement agent or agency in investigating, collecting or 
pursuing any other rights (civil and criminal) relating to any unauthorized use.  In this regard, you agree to file an 
appropriate police report when asked to do so.  Do not use the Card or the Convenience Checks after you have 
notified the Credit Union, even if you find them or have them returned to you.   

You are liable for all transactions that you authorize.  No Liability: You will have no liability for unauthorized use of your 
Card, or other Access Devices for non-ATM transactions made over the VISA Network if the following conditions are 

 
 
 
 
 
 
 
 
 
 
 
 
 
met: (1) You have not been grossly negligent; and (2) You have not committed, participated in or conspired to commit 
any fraudulent act or scheme involving the use of your VISA credit card account.   Limited Liability:  For transactions 
on other networks or ATM transactions, you may be liable for unauthorized transactions using your Card, or other 
Access Devices that occur before we are notified.  However, your liability for unauthorized use on networks other than 
VISA will not exceed $50.00.  In any case, you will not be liable for any unauthorized use after notifying us of the loss, 
theft or unauthorized use of your Card or other Access Devices. 

24. Default.  You will be in default if: (a) you fail to pay the Minimum Payment Due by the Payment Due Date; (b) the 
Credit Union, in its sole discretion, feels insecure (For example:  Our good faith belief that your ability to pay your 
account is impaired; use of your account in any manner or in any way that may expose the Credit Union to a risk of 
loss; etc.); (c) your ability to repay is materially reduced by a change in your employment, by an increase in your 
obligations, by bankruptcy or insolvency proceedings involving you, by your death, or (for community property state 
residents only) by a change in marital status or domicile; (d) you exceed your credit limit without our permission; (e) 
you have made a false or misleading statement to us in your application or otherwise; (f) you are in default under any 
other agreement with us; (g) if you use or authorize the use of any Card(s) to make or facilitate any illegal transaction; 
or (h) you fail to perform any of your other obligations under the terms of this Agreement as it may be amended from 
time to time.  Upon default we may close your Account to future purchases and advances and, to the extent not 
prohibited by Governing Law, demand immediate payment of your entire Account balance, after giving you any notice 
and opportunity to cure the default if required by applicable law.  The Credit Union’s sole obligation hereunder with 
regard  to  determining  and  declaring  an  event  of  default  is  the  exercise  of  "good  faith,"  based  on  its  subjective 
understanding of applicable facts.   

25. Collection Costs. You agree to pay all costs incurred by the Credit Union in collecting any amounts you owe or in 
enforcing or protecting the Credit Union's rights under this Agreement, including attorneys' fees and also those costs, 
expenses and attorneys' fees incurred in any appellate, bankruptcy and post-judgment proceedings, except as limited 
or prohibited by applicable law. 

26. Updating and Disclosing Financial Information. We may report your performance under this Agreement to 
credit reporting agencies and secure follow-up credit reports on you for any legitimate business reason, including if 
you fail to make your minimum payments on time.  We can reinvestigate and reevaluate any information you provide 
on your Visa Application at any time, and in the course of doing so, we may ask you to provide additional information, 
request credit bureau reports and/or otherwise verify your current credit standing. 

Access to Account Information: You agree that all borrowers and authorized users will have access to information 
regarding transactions on your account, including but not limited to purchases and cash advances, account balances, 
account history, payments and other information relating to or arising with regard to this account or any transaction. 

27. Correcting the Credit Union's Credit Report. If you think the Credit Union reported erroneous information about 
you  to  a  credit  reporting  agency,  call  the  Credit  Union  at  the  telephone  number  listed  on  your  monthly  billing 
statement.  Credit Union will promptly investigate the matter. Credit Union will contact each credit reporting agency 
whose records may reflect an error.  Credit Union will require them to correct your report if its investigation decides 
that you were correct.  If Credit Union disagrees with you after the investigation, Credit Union will advise you, in writing 
or by phone, and instruct you how to submit to those agencies a statement of your position that will become a part of 
your credit record with them.  The instructions will include the name, address, and phone number of each such 
agency, along  with other pertinent information. 

28. Closing Your Account.  Any individual cardholder without the consent of other cardholders may close your 
Account at any time by notifying us in writing as indicated in this Agreement.  Credit Union may close your account or 
suspend your Card privileges at any time without prior notice. Credit Union may also reissue a different Card at any 
time.  You must return the Card to the Credit Union upon request. You agree that the Card remain the property of 
Credit  Union.  Each  Card  we  issue  will  have  an  expiration  date.  Upon  expiration  of  your  Card  your  account  will 
automatically terminate; or the Credit Union, in its sole discretion, may extend your Agreement and issue a new card 
with a new expiration date. If your account is closed, expires or your credit privileges are terminated or suspended, 
you will remain responsible for paying all amounts you owe us according to the terms of this Agreement. Without 
limiting the foregoing, the Credit Union has the right to terminate your line of credit and to demand the return of all 
cards, and other access devices if the Credit Union, in its sole discretion, feels that it is insecure for any reason 

 
 
 
 
 
 
 
 
whatsoever; including but not limited to mismanagement of your account, failing to safeguard any access device, 
creation of any credit balances by you that may increase the risk of loss or exposure of the Credit Union or failing to 
cooperate with the Credit Union or others with regard to any claim of unauthorized use or any other defense to 
payment under applicable law. 

29. Changing This Agreement.  The Credit Union may change the terms of this Agreement, including the Annual 
Percentage Rate, at any time.  Except where limited by applicable law, the new terms, including, but not limited to, 
increasing the finance charge or the way the Credit Union calculates finance charges, late charges, and the minimum 
payment due, will apply both to new purchases and cash advances and to the existing outstanding balance of your 
account as of the day of the change.  In accordance with applicable law, the Credit Union will notify you of any 
increased charge or change by writing to you at the most recent address shown for you on the Credit Union's records. 

30. Delay in Enforcement/Waivers.  The Credit Union may delay or waive enforcement of any of the provisions of 
this  Agreement,  including  any  agreement  to  make  timely  payments,  without  losing  its  right  to  enforce  the  same 
provision later or any other provisions of this Agreement.  You waive the right to receive notice of any waiver or delay 
or presentment, demand, protest or dishonor.  You also waive any applicable statute of limitations to the full extent 
permitted by law and any right you may otherwise have to require the Credit Union to proceed against any person 
before suing you to collect.  You understand that the Credit Union will not be liable for a merchant's or other parties' 
refusal to honor your Card whether due to an error by the Credit Union, the merchant, the Credit Union's authorized 
agent, or other third party. 

31. Change of Name, Address or Employment. You will notify immediately the Credit Union in writing if your name, 
home address, or employment changes. 

32. Additional Terms of VISA Agreement   
To the extent not prohibited by applicable law, the terms, interpretation and enforcement of any claim or dispute 
arising under this Agreement, as well as all parties' rights and duties, will be governed by Nevada law regardless 
where you may reside or use your account.  Further, this Agreement is the contract which governs all transactions on 
your Account even though sales, cash advances, credit or other slips may contain different terms.  You may not 
transfer or assign your account or Card to any other person. The Credit Union may assign or transfer this Account, 
your Account balance, or this Agreement to another person, who will have all of our rights hereunder.  This Agreement 
is binding on your heirs and legal representatives.  If there are joint obligors or authorized users for this credit plan, 
each of you will have the right to use the Account to obtain loans pursuant to the terms hereof.  Each of you will be 
liable for all obligations owing on the Account whether borrowed by you or otherwise and whether within or beyond the 
credit limit.  Your liability will be joint and several.  Either party has the right to cancel this Agreement.  Further each of 
you are responsible for all amounts borrowed by any authorized user(s).  Authorized users and other users may also 
be required to repay the amount owed for charges they make; however, you remain, at all times, primarily responsible 
for all amounts owed. All Cards, billing statements and notices will be mailed or delivered to the address given on the 
application for either applicant unless you direct otherwise in writing.  If any law or judicial ruling makes any part, 
provision, sentence or section   of this Agreement unenforceable, the remainder will continue in full force and 
effect.  You agree that your account will also be subject to all rules and regulations of VISA U.S.A., Inc., as applicable. 
 If there is any conflict between this Agreement and the rules and regulations of VISA U.S.A., Inc., the rules and 
regulations of VISA U.S.A., Inc. will control. 

Limitation of Lawsuits.  You agree that any lawsuit based on a cause of action against us must be filed within 
one year from the date it arises, or you shall be barred from filing any lawsuit.  This limitation includes tort, 
contract and all other causes of action for which you and we may lawfully contract to limit. 

33. Insurance. If you elect insurance, as set forth in your application, then the charges will be added to your Account 
balance on each billing cycle, if your insurance application is approved.  Credit insurance is voluntary and not required 
to obtain a credit card account with us.  You have a right to terminate this insurance at anytime by notifying us in 
writing. 

34.  Automatic  Payment  Option.    If  you  requested  the  Auto  Payment  Option  in  your  Application,  all  Minimum 
Payments due will automatically be deducted from your designated account on your Payment Due Date.  If your 

 
 
 
 
 
 
 
 
 
designated account does not contain sufficient funds, no automatic deduction will be made; we will bill you for the 
Minimum Payment Due; and your account may be charged a $35.00 insufficient funds fee and you will be responsible 
for making the payment by some other means. 

35. Illegal Transactions. You warrant and agree that your Credit Card, other access device or any related account 
will not be used to make or facilitate any illegal transaction(s) as determined by applicable law; and that any such use, 
including any such authorized use, will constitute an event of default under this Agreement.  Certain federal and/or 
state laws or Card Service Providers’ Rules may limit or prohibit certain transactions such as (but not limited to) those 
coded as possible gambling transactions. The Credit Union may decline to accept, process or pay any transaction that 
we believe to be illegal or unenforceable (regarding your obligation to pay us or otherwise) under applicable law; or 
which  is  otherwise  limited  or  prohibited,  including  but  not  limited  to  any  transaction  involving  or  relating  to  any 
gambling activity. Such prohibition or limitations may affect some otherwise proper or allowable transactions such as 
charges incurred at a hotel-casino. You understand and agree such limitations/prohibitions are not within the Credit 
Union’s control and that the Credit Union will not have any liability, responsibility or culpability whatsoever for any such 
use by you or any authorized user(s); or for declining to accept, process, or pay any such transaction.  You further 
agree to indemnify and hold the Credit Union harmless from any suits, liability, damages or adverse action of any kind 
that results directly or indirectly from any such use of your account and/or access devices. 

36. Mandatory Arbitration of Disputes and Claims.   

             Arbitration is a method of deciding disputes outside the court system. The parties agree and understand that they 
choose arbitration instead of litigation to resolve all claims and disputes not specifically excluded.  This provision 
governs  when  and  how  any  disputes  you  and  we  may  have  will  be  decided.  Unless  specifically  prohibited  by 
applicable law all disputes, claims, damages, choses in action, claims for injunctive relief or controversies arising from 
or relating in any way to the agreements, relationships, accounts, loans, or security agreements between you and us; 
the relationships which result or arise as a result of this Agreement; any rights, privileges or services you receive from 
us now or in the future; any claims or disputes arising in or ancillary to any bankruptcy or other insolvency proceeding; 
or the validity of this clause (together referred to collectively as Agreement), shall be resolved by binding arbitration by 
a single arbitrator chosen with the mutual consent of  the parties. The arbitrator must be an attorney with more than 
ten (10) years experience or a retired judge. If for any reason the parties do not consent to an arbitrator within thirty 
(30) days from the date that notice of a claim or intent to arbitrate is provided to the other party, then an arbitrator will 
be selected pursuant to the Rules of the American Arbitration Association ("AAA"). This arbitration Agreement is made 
pursuant to a transaction in Interstate Commerce, and shall be governed by the Federal Arbitration Act ("FAA") at 9 
USC § 1, et seq., as amended from time to time. It is understood and agreed that your Credit Plan Agreement(s), your 
Accounts, all transactions on your Accounts, and any dispute defined herein shall involve Interstate Commerce.  If any 
dispute between us does not involve Interstate Commerce, such dispute shall be governed by the Arbitration Act for 
the State set forth in this Membership Agreement., as amended from time to time, in which case all references to the 
FAA herein shall be to said State Act. If the State has no Arbitration Act, then the parties will be governed by the 
Rules of the American Arbitration Act in any matter not involving interstate commerce  The parties agree and 
understand that the arbitrator shall have all power provided by the law and this Agreement to make and enter findings 
of fact and determination of judgment based on the parties’ Agreements and applicable law, including but not limited 
to the rights of possession, off-set, property rights, money damages, declaratory relief, and injunctive relief.  No 
arbitrator shall have the jurisdiction or authority to add to, take from, nullify or modify any of the terms the Agreement.  
The arbitrator shall be bound by the facts and evidence submitted to him.  Arbitration will be subject to the rules of 
procedure and evidence consistent with the Rules of the American Arbitration Association, and the Arbitrator will not 
apply  federal  or  state  rules.  The  decision  of  the  arbitrator  shall  be  final  and  binding  and  may  be  enforced  in 
accordance with the terms of either the Federal or applicable State Law, except for any specific appeal right regarding 
a judgment under the FAA or a judgment for more than $100,000. For these judgments, any party may appeal to a 
three-arbitrator panel appointed by and under the rules of the AAA. The decision of the panel will be by majority vote 
and will be final and binding except for any specific appeal right under the FAA. All provisions of this Arbitration 
Agreement will apply to the panel. Judgment upon the award rendered may be entered in any court having jurisdiction. 

Exception  to  Mandatory-Binding  Arbitration  for  Small  Claims: The  parties  to  this  agreement  may  bring  any 
individual  claim  or  action  hereunder  in  the  small  claims  court  in  the  State  that  has  jurisdiction  pursuant  to  the 
provisions set forth in this Agreement as long as the amount of all claims or other actions does not exceed the lesser 
sum of $5,000.00 inclusive of costs and legal fees or the maximum jurisdiction the venue of a State Court providing for 

 
 
 
 
       
the  resolution  of  small  claims.  No  representative  or  class  claims  may  be  brought  or  asserted  pursuant  to  this 
exception.  

WITH THE EXCEPTION FOR THE PARTIES AGREE AND UNDERSTAND THAT ALL DISPUTES (INCLUDING 
ALL LEGAL AND EQUITABLE RIGHTS AND REMEDIES) ARISING UNDER CASE LAW, STATUTORY LAW, AND 
ALL  OTHER  LAWS  INCLUDING,  BUT  NOT  LIMITED  TO,  ALL  CONTRACT,  TORT,  REGULATORY,  AND 
PROPERTY DISPUTES WILL BE SUBJECT TO BINDING ARBITRATION IN ACCORD WITH THIS AGREEMENT.  
Notwithstanding anything hereunto the contrary, the Credit Union retains an option to use judicial or non-judicial relief 
to enforce a security agreement relating to any collateral pledged to secure the Agreements between the parties, to 
enforce all monetary obligations by you to the Credit Union so long as there is no dispute that is subject to mandatory 
arbitration, or to foreclose on any collateral securing your obligations to us by way of replevin, claim and delivery, or 
otherwise.  The initiation and maintenance of an action for judicial relief in a court [on the foregoing terms] shall not 
constitute a waiver of the right of any party to compel arbitration regarding any other dispute or remedy subject to 
arbitration in this Agreement, including the filing of a counterclaim in any action brought by the Credit Union pursuant 
to this provision. 

Any arbitration proceeding will take place in the federal judicial circuit where you live. If you cannot afford to pay the 
fees charged by the Arbitrator or any panel for an appeal as provided herein, we will consider any reasonable written 
request by you for us to pay the fees of the Arbitrator or Arbitration Panel. We will pay any fees or costs specifically 
required by applicable law. However, each party must bear the expense of that party's own attorneys, experts, and 
witnesses,  regardless  of  who  wins  the  arbitration,  except  to  the  extent  that  applicable  law  specifically  requires 
otherwise. The rules of the AAA will be applied to any arbitration between the parties, except in the event of any 
inconsistency between this Agreement and the rules of the AAA, in which case this Agreement will govern. Any costs 
we pay in order for you to bring a proceeding hereunder are subject to being awarded to us upon a ruling or an award 
by the arbitrator that is favorable to the Credit Union. The AAA and other legal assistance services may be able to 
refer you to legal assistance from government or non-profit organizations that provide assistance to those who can 
show a financial need for such assistance.  

YOUR BILLING RIGHTS STATEMENT 
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 YOU STATEMENT / BILLING AT: 

PSCU  
Post Office Box 31112 
Tampa, FL 33631-3112 

If you think your statement is wrong, or if you need more information about a transaction on your statement, you must 
write to us on a separate sheet of paper to the address listed in your periodic statement. You should write to us as 
soon as possible. We must hear from you no later than 60 days after we sent you the first statement on which the error 
or problem appeared. You can telephone us, but doing so will not preserve your rights. In your letter, you should 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 
payment on any amount you think is wrong. To stop the payment, your letter must reach us 3 business days before the 
automatic payment is scheduled to occur. 

YOUR RIGHTS AND OUR 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 the bill that are not in question. 

If we find that we made a mistake on your statement, you will not have to pay the FINANCE CHARGES related to any 
questioned amount. If we didn’t make a mistake, you may have to pay FINANCES 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 us and the date that it is due. 

If you fail to pay the amount we think you owe us, we may report you as delinquent. However, if our explanation does 
not satisfy you and you write us within 10 days telling us that you still refuse to pay, we must tell anyone we report you 
to that you have a question about your statement. And, we must tell you the name of anyone we reported you to. We 
must tell anyone we report you to that the matter has been settled between you and 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 the statement 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: 

1.  You must have made the purchases in your home state or, if not within your home state, within 100 miles of your 

current mailing address; and  

2.  The purchase 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. 

DISPUTE CONTACT INFORMATION  

PSCU 
P. O. Box 31112 
Tampa, FL 33631-3112 

1-800-654-7728 

To Report a Lost or Stolen VISA® Card  
Call:  1-800-449-7728 

To Close the Account: (SEND WRITTEN NOTICE) 

 
 
 
 
 
 
 
 
 
 
 
 
One Nevada Credit Union 
ATTN: Visa Dept.  
2645 South Mojave Road 
Las Vegas, NV 89121 

Direct All Other Reports, Requests and Inquiries to: 

One Nevada Credit Union 
ATTN: Visa Dept.  
2645 South Mojave Road 
Las Vegas, NV 89121 
(702) 457-1000 
1-800-388-3000