Account  Opening Disclosures
Supplement to Credit Card Agreement for  Secured  Accounts
Education  Credit  Union

lnterest  Rates and lnterest  Charges
Annual  Percentage  Rate (ApR)
for Purchases,  Balance
Transfers, and Cash Advances
Penalty  APR  and When it Applies

10.95%

17.75%

This  APR may  be applied  to all advances  for your  account  if you

1)  Make  a late payment

How Long Will  the Penalty  APR Apply?:  If your ApR is
increased  for this reason,  the  Penalty ApR wrll apply  until you
make  six consecutive minimum ayments  when  due

Y.our due date rs at least  25 days  after  the close  of each billing  cycle
We will not charge  you interest  on purchases if you pay your  entire
balance  by  the  due date  each month  We will  begtn
cash  advances  and  balance  transfers  on the transa
To learn  more  about  factors  to consider  when applying  for or using  a credit
card visit  the website  of the  Consumer Financial  protection  Bureau  at
http://wwuconsumerfinance.gov/learnmore

charging interest  on
ction  date

None

Up to 1% of each  kansaction  in U.S. dollars

Up to $20

Up  to $20

Paying lnterest

For Credit  Card Tips from the
Consumer  Financial  Protection
Bureau

lnterest  Rates and lnterest  Cha rges
Annual  Fee
Transactions  Fees
. Foreign  Transaction
Penalty Fees
. Late Payment
. Returned Payment

How We Will Calculate  Your Balance:  We use a method  called  "average  daily  balance  (includin g new purchases)  " See  below
for  more  details
Billing  Rights:  lnformation  on your rights  to dispute  transactions  and  how to exercise  those rights  is provided  below

COST  OF  CREDIT:  You will 
in to accrue  on 
transfers 
paid  the  Account  in full by lh 

-beg 

Truth in Lending  Disclosures

all  advances  made  against  yourAccount.  lnterest GHARGES  for cash  advances  and  batance
pu rchases  will not  incur  an lnterest CHARGE  on the  date  they  are  posted  to your  Accou  nt  if you  have
n your  previous  monthly  statement,  or if there  was  no previoui  ba lance.

The  daily periodic rate for  alladvances  made  againsl yourAccountwill be  030027%  (10 95% ANNUAL  PERCENTAGE  RATE  (the  "Standard  Rate")

lf at any time a required  minimum  payment  is three  or more  billing  cycles  past  due,  the  ANNUAL  PERCENTAGE  RATE  for all advances  may  be increased  to a
Penalty  Rale  daily periodrc  rate of 048630%  (1775%ANNUAL  PERCENTAGE  RATE).Aier  the  Penalty  Rate  becomes  effective  it  wrll  apply  both  to current  and
new  balances  and  it may  remain  in effecl  indefinitely  lf your  minimum  payments  are  made  as  required  tor  six consecutive  months  starting  on or afler  the  next
payment  due  lollowing lhe  Penalty  Rate  effective  dale, lhe Standard  Rate  for yourAccpunt  will  be reslored

A portion  of lhe  INTEREST  CHARGE is delermined by  applying  the  applicable  daily periodic rate to the  Average Daily  Balance  of  your Account  for  each  feature
rnclude purchases, ba lance  lransfers,  and  cash  advances  The Average Daily  Balance  is
category,  including  certa in current  kansactions  Feature  c€tegories 
arr ved  at by  tak  ng the  begrnning  balance  of  each  feature  category  each  day  and  adding  any  new transactions  to  the balance,  except rf you  have  paid  yoLrr
Account in full  by  the  Paymenl Due  Date  shown  on the  previous  monthly  statement  or there is no previous  balance,  new  purchases  are  not added  to the
purchases  balance  Balance  transfers may  be shown  on your  statement  in the  Promotions  feature  category  When  determining  balances,  we  may  combine
feature category  balances  that  have the same  periodrc  rate  and  other INTEREST  CHARGE terms We  then  subtract  any  payments  or credits  and  unpad
INTEREST  CHARGES  allocated  to  the  feature  category  balance  for  the day This  gives  us the  daily balance  for the  feature  category  The  daily  balances  fo. each
leature category  are  then  added  together and divrded  by the  number  of days  in lhe  billing  cycle The result  is the  Average Daily  Balanc€ 
catego.y  The periodic  INTEREST  CHARGE is determined by  multiplying  each  fealure categoryAverage  Darly Balance  by  the  number  of days  in the  billing  cycle
and  applylng  the  applicable  daily periodrc  rate  to the  product  The  lotal INTEREST  CHARGE  for each  statement  period is lhe sum  of  the  periodic  INTEREST
CHARGES  for each  feature  category  plus  any  non-periodic INTEREST  CHARGES

for each  feature

No additional  lnterest CHARGES  will  be rmposed  on new  purchases  shown  on your  statement  il the  New  Balance  shown  on the  statemenl is paid  in full  by lhe
Payment  Due  Date  reflected  on the statement  The Payment  Due  Date  is not  less  than  25 days  from  the  billing  cycle  closing  date  shown  on your  stalement

LATE  PAYMENT  FEE:  lf we  do not  receive  your  required  lrinimum Payment  within 10 days  of the  Payment  Due  Date,  you  may  be charged  a Late  Payment  Fee
of 5%  of  the  N4rnimum Paymenl due  or S25  whicheveris less

RETURNED PAYMENT  FEE:  lf any  payment  made  on yourAccounl  rs returned  unpaid  for any  reason,  you  will  be charged  a Returned  Payment  Fee  or the
amount  equalto your  required  lvlinimum  Payment,  whichever is less The Returned  Payment  Fee wrll  apply  when  any  payment  is returned  to us, even  ifthe
payment  is honored upon  resubmission

OTHER  FEESI

Ez Pay  (lelephone assisted  expedited payment  servrce)  $l0perpayment

Replacemenl Card Feer  $7 50
Convenience  Check  Feesl
Stop  Payment: 
$20  per  check
Copy  of Check: 
$20  per  check
Non-Sufficrent  Funds  (insufficient  credit  limit):  $20  per  return

Forergn Transaction Fee  Up to 'J%  of the  transaction  amount in U S dollars

SECURITY:  YOU  SPECIFICALLY GRANT  US  A CONSENSUAL  SECURITY  INTEREST  lN ALL INDIVIDUAL ANO  JOINT  ACCOUNTS  YOU HAVE  WTH
THE  CREOIT  UNION  NOW  AND  IN THE FUTURE  TO  SECURE  REPAYMENT  OF  CREDIT EXTENSIONS  MADE UNOER  THIS  AGREEMENI  THE
GRANTING OF  THIS SECURITYINTEREST 
rO OBTAIN  EXTENSIONS  OF  CREDIT UNOER  THIS  AGREEMENT.

IS A CONDITION FOR  THE  ISSUANCE OF ANY CARD  WHICH  YOU MAY  USE,  DIRECTLY  OR  INDIRECTLY,

Shares  and  deposits  in an lndividual  Retirement  Account  or any  other  account that would  lose  special  tax treatment  under  state or federal law if
given  as security  are not  subject  to the security  interest you aro  giving.
ADDITTONAL  SECURITY: lf you  have  other loans  wrth  us,  now  or in the future,  collateral  securing those  loans  may also secure  your  obligations
under  this Agreement. Please  read  any security  agreement  you sign  in order  to determine if the collateral  also  secures  your  obligations  under  this
Agreement  and  other agreements  you  have with  us.

LN  CREDT  CARD  DSCLOSURE  SV  REVISED  O7l1212016

YoLrr  Billing  Rights:  Keep  this Document  for  Future  Use
Thrs notice  tells  you  about your  rights  and  our  responsrbirit.s  under  the  Fair  credrt  Bi[ing Act
Vt/hat  to Do if you  Find  a Mstake on yout  Statemenl
lf you  think  there js an error  on your  statement,  write  to us al
Education  Credit  Union
c/o  Card Processing  Center
PO  Box  815909
Dallas,  TX 7538i

In  your  lener, give us the  fo owing information:

.  A 
.  D 
t  D 

You must  contact us:

me  and  account  number
ount  of the  suspecleJerror.
think  there  is an error  on your  statement,  describe  what  you  believe  is wrong and  why  you  believe  it is a mistake

.  Wilhtn 60 days  afler  the efior appeared  on your  statement.
' 

At  least  3 business  days  before  an automaGd payment  is scheduled  il you wanl  to stop  payment  on lhe amounr  you  thrnk is wrong

*"til",l?  n*:iL1"J::li:L:^" 
Mal  Wll  Happen  After  We Receive  you Lettet

t  writins  Yov  mav  catt t)s, but  ir vou  do we are  not  required  ro invesrisate  any  porentiar  errors  and  you  may

When  we rec€ive  yo!r letter, we must  do two  thingsl

1within30daysofrecervrngyourletterwemusltellyouthatwereceivedyourletter.wewill  alsote  you  if we have  already  corrected  the eror
2 withln  90 days  of receiving  your letter  we musl  either  correcl the  error  oaexplain to you why  we betieve  yoyi statement  is correct

While we rnvestigate  whether  or not lhere  has  been  an errorl

.  We  cannol try to collect  the  amount  in question or report  you  as  delinquent  on that  amount
' 
'  While you  do not  have  to pay the  amount  in queslion, you  are  responsible  for the  remainder  of  your  balance
.  We  can  apply  any  unpaid  amount  against  your  credit limit

The  charge  in question  may  remain  on your  statement, and we may  continue  to charge  you interesl  on that  amount

Atler  we  finish  our  investigati06,  one  of two things  will  happen:

lf we made  a mislake:You will  not  have  to pay the  amount  in question  or any  interest  or other  fees relaled  to that  amount.
lf we do nol believe  therc  $/as  a mistake:  You  will have  to  pay  the  amount  in question  along  with applicable  interest  and  fees  We will  send you  a
slatement  of  the  amounl you  owe  and  the  date  payment  is due  We  may  then  report  you  as delinquent if you  do not pay the  amount  we  lhink you  owe

lf you receive  ou  I explanation but  still  believe  you r statement  is wrong,  you  must write  to us within  ,O days  telling us that  you  strll  refuse  to pay  lf you
do so, we cannot report  you  as delinquent  without also reporting  lhat you  are  questioning  your statement  We  must  tell you  the  name  of anyone  to
whom  we  reported  you  as delinquent, and we musl let those  organizations  know  when  the  matter  has  been  settled  betlveen  us

lf 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 correcl

Your  Rtghts  tl You  are  Dissatislied  wilh Your Crcdit Card  Purchases

lf you  are  dissatisfied  with  the  goods or services  that  you  have  purchased  with  your  credil  card,  and  you  have  tried  in good  faith  to corecl  the  problem  with  the
merchant,  you  may  have the  righl not to pay the  remain  ing amou  nt due  on the  purchase  To  use  this  right,  all of the  following  must  be klre  i

1  The  purchase must  have  been  made in your  home  stale or within  1 00 miles  of  your  current  mailing  address,  and  the  purchase  price  mlrst  have  been  more
thanS50  (Note: Nelther  of lhese are  necessary  if your  purchase  was  based  on an advertisement  we mailedtoyou  or if we own the  clmpany  that  sold  you
the  goods  or services  )

2 You must  have  used your  credit  card  for the  pu  rchase Purchases  madewithcash  advances  from anATM  orwith  a check  that  accesses  your  credit  card
ac4ounl  do not  qualify

3 You must  not yet have  fu lly  pa  id for the  purchase lf all of the  criteria  above  are  met  and  you  are  still dissalisfied with  the  purchase,  conlacl  us  in writing  atl

Education  Credit LJnion
clo Card Processing  Cenler
PO  Box  815909
Dallas.  TX  75381

VVhile  we investigate,  the  same ru  les apply  to the  disputed  amount  as  discussed  above  Afler we  finish  our  inveshgation,  we  will  lell  you  our decision  At  that
poinl if we  lhink  you  owe  an amount  and  you  do not pay,  we may  leport you  as  delinquent

LN-CREDIT  CARD  O  SCLOSURE-SV  REVISEO  O7l122016