Washington State Employees Credit Union
P.O. Box WSECU
Olympia, WA 98507
(800) 562-0999

VISA CREDIT CARD AGREEMENT AND
TRUTH IN LENDING DISCLOSURE

In this Agreement the words "you" and "your" mean each and all of those who apply for the card or who sign this Agreement and everyone who receives, signs or uses a card issued
under this account. "Card" means the VISA Credit Card and any duplicates and renewals we issue. "Account" means your VISA Credit Card Line of Credit account with us. "We", "us"
and "ours" means this Credit Union.

Responsibility
If we issue you a card, you agree to repay all debts and the Interest Charge
arising from the use of the card and the card account. For example, you are
responsible for charges made by anyone else to whom you give the card, and
this  responsibility  continues  until  the  card  is  recovered.  You cannot  disclaim
responsibility  by  notifying  us,  but  we  will  close  the  account  for  new
transactions if you so request and return all cards. Your obligation to pay the
account  balance  continues  even  though  an  agreement,  divorce  decree  or
other court judgment in which we are not a party may direct you or one of the
other  persons  responsible  to  pay  the  account. Any  person  using  the  card  is
jointly  responsible  with  you  for  charges  he  or  she  makes,  but  if  that  person
signs the card he or she becomes a party to this Agreement and is also jointly
responsible for all charges on the account, including yours.

Authorized Signer: Anyone who uses your credit cards with your permission.
More specifically, someone who has a credit card from your account with their
name  on  it.  An  authorized  user  is  not  legally  responsible  for  the  debt  and
cannot receive information regarding the account.

Joint Account: An  account  shared  by  two  or  more  people.  Each  person  on
the account is legally responsible for the debt and the account will be reported
to each person's credit report.

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.  The  telephone  number  to  call  during
regular credit union business hours is (800) 562-0999 and (866) 861-5416 on
weekends or after business hours. You agree to follow up your call with notice
in  writing  to  us  at:  Washington  State  Employees  Credit  Union,  P.O.  Box
WSECU, Olympia, WA 98507. You also agree to assist us in determining the
facts, circumstances and other pertinent information relating to any loss, theft
or  possible  unauthorized  use  of  your  credit  card  and  comply  with  such
procedures as we may require in connection with our investigation, including
assisting in the prosecution of any unauthorized user. You will be liable for any
unauthorized use only if we can prove that you were grossly negligent in your
use  or  handling  of  your  Credit  Card,  or  if  we  can  prove  that  you  used  your
Credit Card fraudulently.

Using the Card
You may use the card issued to you to make purchases in person, by mail, by
telephone, or by internet from merchants and others who accept VISA credit
cards. In addition, you may obtain cash advances from the Credit Union, from
other  financial  institutions  participating  in  the  VISA program  and  from ATMs
(automated teller machines) that participate in the ATM VISA program. You will
need  to  use  your  PERSONAL IDENTIFICATION NUMBER  (PIN)  to  obtain  a
cash advance from an ATM.

Illegal Use and Internet Gambling
You agree  that  all  transactions  that  you  initiate  by  use  of  your  VISA  Credit
Card are legal in the jurisdiction where you live and/or where the transaction
occurred.  Internet gambling may be illegal in the jurisdiction in which you are
located, including the United States. You may not use the card or account for
any  illegal  or  unlawful  purpose,  and  we  may  decline  to  authorize  any
transaction  that  we  believe  may  be  illegal  or  unlawful.  Display  of  a  payment
card  logo  by  an  online  merchant  does  not  mean  that  internet  gambling
transactions  are  lawful  in  all  jurisdictions  in  which  you  may  be  located.  You
agree to repay according to the terms of this Agreement all transactions you
initiate by use of your Credit Card, whether deemed legal or illegal.

Credit Union Business Days
The  Credit  Union's  business  days  are  Monday  -  Friday, excluding  holidays.
Business hours are Monday - Friday 7:00 a.m. - 7:00 p.m.

Credit Line
If  we  approve  your  application,  we  will  establish  a  self-replenishing  Line  of
Credit for you and notify you of its amount when we issue the card. You agree
not to let

the  account  balance  exceed  this  approved  Credit  Line.  Each  payment  you
make on the account will restore your Credit Line by the amount of the payment
which  is  applied  to  principal. You  may  request  an  increase  in  your  Credit  Line
only  by  written  application  to  us,  which  must  be  approved  by  our  credit
committee or loan officer. By giving you written notice our credit committee may
reduce your Credit Line from time to time, or with good cause, revoke your card
and terminate this Agreement. Good cause includes your failure to comply with
this Agreement, or our adverse reevaluation of your creditworthiness. You may
also terminate this Agreement at any time, but termination by either of us does
not  affect  your  obligation  to  pay  the  account  balance.  The  cards  remain  our
property and you must recover and surrender to us all cards upon our request
and upon termination of this Agreement.

Monthly Payment
We will mail you a statement every month showing your previous balances of
purchases  and  cash  advances,  the  current  transactions  on  your  account,  the
remaining credit available under your credit line, the new balances of purchases
and cash advances, the total new balance, the Interest Charge due to date, and
the  minimum  payment  required.  Every  month  you  must  pay  at  least  the
minimum payment by the due date indicated on your statement. If late, we will
assess, and you will pay a late payment fee as disclosed to you on your Visa
Disclosures, or as amended. You may, of course, pay more frequently, pay more
than  the  minimum  payment,  or  pay  the  total  new  balance  in  full,  and  you  will
reduce  the  Interest  Charge  by  doing  so.  The  minimum  payment  will  be  the
greater of 2.5% of your New Balance rounded to the nearest dollar, or $25.00. If
your outstanding balance is $25.00 or less you agree to pay the balance in full,
plus any portion of the minimum payment(s) shown on prior statement(s) which
remains  unpaid.  In  addition,  at  any  time  your  total  new  balance  exceeds  your
credit  line,  you  must  immediately  pay  the  excess  upon  our  demand.  We  may
accept  checks  marked  "payment  in  full"  or  with  words  of  similar  effect  without
losing any of our rights to collect the full balance of your account with us.

Skip Payment
If  we  make  a  skip  payment  option  available,  you  may  skip  making  your
payment(s) for certain month(s). If you choose this option, interest will continue
to accrue, but no late payment charges will be imposed during the skip period.
All credit terms applicable immediately prior to the skip period will again apply
once the skip period has expired.

Credit Information
You authorized us to investigate your credit standing when opening, renewing or
reviewing your account, and you authorize us to disclose information regarding
your account to credit bureaus and other creditors who inquire of us about your
credit standing, to the extent authorized in our By-Laws.

Interest Charges
You can avoid Interest Charges on purchases by paying the full amount of the
New  Balance  of  Purchases  each  month  on  or  before  your  payment  due  date.
Otherwise, the New Balance of Purchases, and subsequent purchases from the
date they are posted to your account, will be subject to an Interest Charge. Cash
Advances and Balance Transfers - An Interest Charge will be imposed on cash
advances  and  balance  transfers  from  the  date  each  cash  advance  or  balance
transfer is made. There is no time period within which to pay to avoid a periodic
Interest  Charge  on  cash  advances  or  balance  transfers.  In  addition  to  the
Interest  Charge  imposed  by  applying  the  periodic  rate,  a  cash  advance  fee
(Interest  Charge)  equal  to  the  lesser  of  2%  of  the  cash  advance  amount  or
$25.00 will be imposed on each cash advance. An Interest Charge is calculated
at  the  ANNUAL  PERCENTAGE  RATE  disclosed  to  you  on  your  Visa
Disclosures or as amended on the average daily principal balance of purchases,
cash advances or balance transfers you make and debit adjustments the credit
union  makes  during  the  statement  period.  The  daily  principal  balances  are
totaled, and divided by the number of days in the statement period to produce
separate  average  daily  principal  balances  for  purchases,  cash  advances,  and
balance transfers to which the periodic rate is then applied.

LASER ML FPDF FI11576 Rev 7-2015

page 1 of 3

COPYRIGHT 2005 Securian Financial Group, Inc. All rights reserved.

In this Agreement the words "you" and "your" mean each and all of those who apply for the card or who sign this Agreement and everyone who receives, signs or uses a card issued
under this account. "Card" means the VISA Credit Card and any duplicates and renewals we issue. "Account" means your VISA Credit Card Line of Credit account with us. "We", "us"
and "ours" means this Credit Union.

Other Charges

Your account will be subject to other charges as disclosed to you on your Visa
Disclosures or as amended. These charges may be changed by us from time
to time in accordance with applicable law.

Default

You may be in default if you fail to make any Minimum Payment on or before
your payment due date. You will also be in default if your ability to repay the
credit  union  is  materially  reduced  by  a  change  in  your  employment,  an
increase  in  your  obligations,  bankruptcy  or  insolvency  proceedings  involving
you, your death, or your failure to abide by this Agreement, or if the value of
the  credit  union's  security  interest  materially  declines.  The  Credit  Union  has
the  right  to  demand  immediate  payment  of  your  full  account  balance  if  you
default,  subject  to  the  credit  union  giving  you  any  notice  required  by  law. To
the extent permitted by law, you will also be required to pay the Credit Union's
collection expenses, including court costs and reasonable attorney's fees.

Returns, Adjustments, and Overpayment

Merchants and others who honor the credit card may give credit for returns or
adjustments, and they will do so by submitting a credit voucher which will post
to  your  account.    If  your  credit  voucher  and/or  payments  exceed  what  you
owe us, we will post the credit balance to your credit card. If the credit stays
on  your  account  for  60  days  or  more  the  funds  will  be  transferred  to  your
share account. WSECU will not accept overpayment to inflate the credit limit.

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 applicable central processing date, which rate may vary from the rate
the  card  company  itself  receives,  or  the  government-mandated  rate  in  effect
for the applicable central processing date in each instance.

Plan Merchant Disputes

We  are  not  responsible  for  the  refusal  of  any  plan  merchant  or  financial
institution  to  honor  your  card.  We  are  subject  to  claims  and  defenses  other
than  tort  claims  arising  out  of  goods  or  services  you  purchase  with  the  card
only  if  you  have  made  a  good  faith  attempt,  but  have  been  unable  to  obtain
satisfaction  from  the  plan  merchant,  and:  (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.  Any  other  disputes  you  must
resolve directly with the plan merchant.

Security Interest

To  secure  your  account,  you  grant  us  a  purchase  money  security  interest
under the Uniform Commercial Code in any goods you purchase through the
account.  If  you  default,  we  will  have  the  right  to  recover  any  of  those  goods
which have not been paid for through our application of your payment in the
manner  described  in  the  Monthly  Payment  section  on  page  1  of  this
document. With respect to this account only, we will not assert any statutory
right  we  may  have  if  you  are  in  default  to  prevent  withdrawal  of  your
unpledged  Credit  Union  shares  (deposits)  below  the  unpaid  balance  of  your
account.

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.

Effect of Agreement

This  Agreement  is  the  contract  which  applies  to  all  transactions  on  your
account even though the sales, cash advance, credit or other slips you sign or
receive may contain different terms. Subject to applicable law, we may amend
this Agreement  from  time  to  time  by  sending  you  the  advance  written  notice
required by law. Your use of the card thereafter will indicate your agreement to
the amendments. To the extent the law permits, and we indicate in our notice,
amendments  will  apply  to  your  existing  account  balance  as  well  as  to  future
transactions.

No Waiver

The  Credit  Union  can  delay  enforcing  any  of  its  rights  any  number  of  times
without losing the ability to exercise those rights in the future.

Statements and Notices

Statements and notices will be mailed to you at the most recent address you
have given the Credit Union. Notices sent to any one of you will be considered
notice to all.

Final Expression

This  Agreement  is  the  final  expression  of  the  terms  and  conditions  of  this
VISA line of credit between you and the Credit Union. This written Agreement
may not be contradicted by evidence of any alleged oral agreement.

Record Keeping

You hereby agree that the credit union may keep the portion of the Agreement
which  bears  your  signature  so  we  can  comply  with  federal  and/or  state  law
relating to loan documents the credit union is required to keep in its file.

Non-Transferability

I  agree  that  my  account(s)  are  not  assignable  or  transferable  except  to  the
Credit Union unless specifically authorized in writing by you.

No Liability for Dishonor

The  Credit  Union  will  not  have  any  responsibility  or  liability  to  me  or  others
relating to the dishonor or other return of any check, draft, ACH transaction or
other order occurring as a result of you exercising your lien rights or freezing
any accounts in order to protect or preserve such rights.

Negative Information Notice

We  may  report  information  about  your  account  to  credit  bureaus.  Late
payments, missed payments, or other defaults on your account may be
reflected in your credit report.

Our Communications With You

You agree that we (and our affiliates, agents, and contractors) may monitor or
record  any  calls  between  you  and  us.  If  we  need  to  contact  you  to  service
your account or to collect amounts you owe to us, you authorize us (and our
affiliates, agents, and contractors) to contact you at any number (i) you have
provided  to  us  (ii)  from  which  you  called  us,  or  (iii)  which  we  obtained  and
believe we can reach you at. We may contact you in any way, such as calling,
texting, or email. We may contact you using an automated dialer or using pre-
recorded  messages.  We  may  contact  you  on  a  mobile,  wireless,  or  similar
device, even if you are charged for it by your provider.

page 2 of 3

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.

Your Rights If You Are Dissatisfied With Your Credit Card Purchases
If  you  are  dissatisfied  with  the  goods  or  services  that  you  have  purchased
with your credit card, and you have tried in good faith to correct the problem
with the merchant, you 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.)
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.
You must not yet have fully paid for the purchase.

3.
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.

2.

This notice tells you about your rights and our responsibilities under the
Fair Credit Billing Act.

-

YOUR BILLING RIGHTS: KEEP THIS DOCUMENT FOR FUTURE USE

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.
2.
3.

Your name and account number.
The dollar amount of the suspected error.
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.
Within 90 days of receiving your letter, we must either correct the error or
explain to you why we believe the bill is correct.

2.

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.

page 3 of 3