� CUNA Mutual Group, 2006, 08 ALL RIGHTS RESERVED  YTXAC0 (BXCV10)-e      
BUSINESS CREDIT CARD AGREEMENT 
 This Business Credit Card Agreement ("Agreement") includes this  document, any letter, card carrier, card insert, addendums, any other document accompanying this Agreement, any application that you signed or submitted to the credit union, and any notification of changes to this Agreement. The words "you " and "your" mean each person, each business or organization ("organization"), and each officer or owner of the organization wh o agrees to be bound by this Agreement as set forth below.  The words we, our, us and "credit union" means the credit union whose name appears on this Agreement or anyone to whom the credit union transfers this Agreement. The word "card" means the Visa business credit card you receive from the credit unio n and any duplicates, renewals, or substitutions the credit union i ssues to you. The word "account" means the credit card line of  credit account the credit union approves for you that is subject to this Agreement.   1. PERSONS BOUND.  By signing (in ink, electronically or digitally) an y business loan application stating your agreement to be bound by this Agreement or by using the card or account we issue to you, or by authorizing an employee to use the card or account we issue to you, you agree to be bound by the terms of this Agreement.  If you are an officer or owner obtaining an account for your organization, you agree to the terms of this Agr eement in your personal capacity as well as your capacity as a n officer or owner authorized to bind the organization to this Agreement.  2. USING YOUR ACCOUNT.  If you are approved for an account, the credit union will establish a line of credit for you. The amount of your credit limit is set forth on the Addendum.  You agree that your credit  limit is the maximum amount (purchases, cash advances, finance charges, plus "other charges") that you wi ll have outstanding on your account at any time.  If you exceed your credit limit, you must pay the amount you are over your limit plus any fees and unpaid finance charges before payments will begin to restore your credit limit. In addition , a fee may be imposed for exceeding your credit limit. You may request an increase in your credit limit only by a method acce ptable to the credit union.  The credit union may increase or decrease your credit limit, refuse to make an advance and/or terminate your account at any time for any reason not prohibited by law.   3. CONVENENICE CHECKS.  If you are permitted to obtain cash advances on your account, we may from time to time issue convenience checks to you that may be drawn on your account. Convenience checks may not be used to make a payment on any of your credit union accounts.   If you use a convenience check it will be posted to your account as a cash advance. We reserve the right to refuse to pay a convenience check drawn on your account for any reason and such refusal shall not constitute wrongful dishonor.  You may request that we stop the payment of a convenience check drawn on y our account. You agree to pay any fee imposed to stop a payment on a convenience check issued on your accoun t. You may make a stop payment request orally, if permitted, or in writing. Your request must be made with sufficient time in  advance of the presentment of the check for payment to give us a reasonable opportunity to act on your request. In addition, y our request must accurately describe the check including the exa ct account number, the payee, any check number that may be app licable, and the exact amount of the check. You may make a stop payment request orally but such a request will expire after fourteen (14) days unless you confirm your request in writing within that time. Written stop payment orders are effective onl y for six (6) months and may be renewed for additional six month  periods by requesting in writing that the stop payment order be renewed. We are not  required to notify you when a stop payment order expires. If we re-credit your account after paying a che ck or draft over a valid and timely stop payment order, you agree to sign a statement describing the dispute with the payee, to assign to us all of your rights against the payee or other holders o f the check or draft and to assist us in any legal action. You agree to indemnify and hold us harmless from all costs and expenses, including attorney's fees, damages, or claims, related to our honor ing your stop payment request or in failing to stop payment of an item as a result of incorrect information provided to us or  the giving of inadequate time to act upon a stop payment request .  If that information is not provided exactly as it appears on the item, we will not be responsible if we are unable to stop payment. 
A stop payment order, a renewal of any such order, or a revocation  of any such order shall not be effective unless it is delive red to us in writing during regular business hours or as otherwis e permitted by us.  Further, a stop payment order, renewal or revocation shall not be effective until we have had a reasonable opportunity to act on any such order, renewal or revocation.  In addition, we will not be liable for the paym ent of an item over a stop payment order if the order is received after 10:00 a.m. Central Time on the next banking day after the banking day on whic h we received the item.  If the order is made orally, we have no obligation to honor it.  If we do honor an oral stop payment order, it will only be binding for 10 business days or 14 calen dar days after which it must be renewed in writing.    You agree that we may honor a stop payment order, revocation, or  renewal if made by the person who signed the check to be stopped or any other person who is otherwise authorized to transac t business relating to the account.  You agree that we will n ot be liable for any inadvertent payment of any item, notwithst anding a stop payment order, if we have used ordinary care and followed our usual practices in handling such an order.  If an item  is inadvertently paid over a valid stop payment order, due to our failure to exercise ordinary care, we will be liable to you for any loss you suffer as a result.  You agree, however,  that it will be your responsibility to establish any such loss.  You agree t hat we will never be liable for more than your actual loss and t hat we will not be liable for any consequential damages.  If we do re-c redit your account after paying an item over a valid stop payment order, you will take whatever action we deem necessary to  transfer to us all of your rights against the payee or holder of the item and to assist us if we take legal action against the payee or any other person.   
 
 
    YTXAC0 (BXCV10)-e 2 4. STATEMENT OF BUSINESS PURPOSE.  You agree that you have represented to us that you are obtaining your account for business purposes that all purchases, cash advances, balance transfers, us e of any convenience checks issued on your account and any other use of your account will only be for a business purpose. You agree that you will never use your account for any personal, household or family purposes.  5. USING YOUR CARD.  You may use your card to make purchases from  merchants and others who accept your card.  The credit union is not responsible for the refusal of any merchant or  financial institution to honor your card. If you wish to pay  for goods or services over the Internet, you may be required to provide card number security information before you will be permitted to complete the transaction.  In  addition, the credit union may permit you to obtain cash advances from the credit union, from other financial institutions that accept your card, and from some automated teller machines (ATMs).  (Not all ATMs may accept your card.) If the credit union authorizes ATM transactions with your card , it will issue you a personal identification number (PIN). To obtain cash advances from an ATM, you must us e the PIN that is issued to you for use with your card. You agree that you will not use your card for any transaction that is illegal under applicable federal, state or local law. Even if you use your card for an illegal transaction, you will be responsible for all amounts and charges incurred in connection with the transaction. If you are permitted to obtain cash advances on your account, you may also use your card to purchase instruments and engage in transactions that we consider the equivalent of ca sh. Such transactions will be posted to your account as a cash advance and include, but are not limited to, wire transfers, m oney orders, bets, lottery tickets, and casino gaming chips. This  paragraph shall not be interpreted as permitting or authorizing any transaction that is illegal.    6. RESPONSIBILITY.  You agree to pay all charges (purchases and cash  advances, balance transfers, use of convenience checks and any other charge) to your account that are made by you or anyone whom you authorize to use your account.  You also agree to pay all finance charges and other charges added to your account under the terms of this Agreement or another agreement you made with the credit union. If there is more than one person bound to this Agreement, each will be individually and jointly responsible for paying all amounts owed under this Agreement. If you are an organization, the officer or owner that  obtained the account for the organization is also personally obligated for all charges made under the account.  This means that  the credit union can require any one of you to individually repa y the entire amount owed under this Agreement.  In addition eac h person bound under this Agreement, as well as any authorized user , may make purchases individually and, if cash advances are permitted for your account, may obtain cash advances individually.  7. INTEREST RATE.  The Interest Rates applicable to purchases, cash advances, and balance transfers are disclosed on the Addendum. Any penalty rate that may be imposed for failing to make a payment by the Payment Due Date is also disclosed on the Addendum.  If the rate for your account is variable, as indicated on the Addendum, the rate charged on purchases, cash advances, balance transfers and any penalty rate will vary peri odically as disclosed in the Addendum. The initial rate on your account for certain types of transactions may be an introductory  discounted rate (Introductory Rate) that is lower than the rat e that would ordinarily apply for that type of transaction. If an Introductory Rate  applies to your account, the rates and the pe riod of time it will be effective is shown on the Addendum. After the Intr oductory Rate period expires, the Interest Rate will automati cally increase to the rates that would ordinarily apply for that type of transaction based on the terms of this Agreement.   8. FINANCE CHARGE CALCULATION METHOD FOR PURCHASES.   New purchases posted to your Account during a billing cycle will not incur a finance charge for that billing c ycle if you had a zero or credit balance at the beginning of th at billing cycle or you paid the entire New Balance on the previous cycle's billing statement by the Payment Due Date of that statement; otherwise a finance charge will accrue from the date a purchase is posted to your Account.  To avoid an additional finance charge on the balance of purchases, you mu st pay the entire New Balance on the billing statement by the Payment Due Date of that statement. The finance charge is calculated separately for purchases  and cash advances.  For purchases, the finance charge is computed by applying the monthly periodic rate to the average daily balance of purchases.  To get the average daily 
balance of purchases, we take the beginning  outstanding balance of purchases each day, add any new purchases, and subtract any payments and/or credits.  This gives us the daily balance of purchases.  Then, we add all the daily balances of purchases for the billing cycle together and divide the total by the number of  days in the billing cycle.  This gives us the average dail y balance of purchases.  9. FINANCE CHARGE CALCULATION METHOD FOR CASH ADVANCES.   A finance charge begins to accrue on cash advances from the date you get the cash advanc e or from the first day of the billing cycle in which the cash advance is posted to your account, whichever is later. For cash advances, the finance charge is computed by applying the monthly periodic rate to the average daily balance of cash advances.  To get the av erage daily balance of cash advances, we take the beginning outstanding balance of cash advances each day, add in any new cash advances, and su btract any payments and/or credits that we apply to the cash advance balance.  This gives us the daily balance of cash advances.  Then, we add all the daily balances of cash advances for the billing cycle together and divide the to tal by the number of days in the billing cycle.  This gives us  the average daily balance of cash advances.  10. OTHER CHARGES.  In addition to the Interest Rate, additional fees  may be imposed on your account.  The amount and description of these fees are disclosed on the Addendum.  11. PAYMENTS.  Each month you must pay at least the minimum pa yment shown on your statement by the date specified on the statement or no later than twenty-one ( 21) days from the statement closing date, wh ichever is later.  If your statement says the payment is "Now Due," your payment is due no later than twenty-one (21)  days from the statement closing date. All payments must be made in U.S. dollars and if made by a negotia ble instrument such as a check or money order, must be in a form acceptable to us and drawn on a U. S. financial institution. You may pay more  frequently, pay more than the minimum payment or pay the Total New Balance in full.  If you make extra or larger payments, you are still required to make at least th e 
 
     YTXAC0 (BXCV10)-e 3minimum payment each month your account has a balance (other than a credit balance).  The minimum payment for your account is shown on the Addendum. In addition to the minimum paym ent, you must also pay, by the date specified above, the amount of any prior minimum payment(s) that you have not made , and any amount you are over your credit limit.  The credit union also has the right to demand immediate payment of any amount by which you are over your credit limit. Subject to applicable law, your payments may be applied to what you owe to  the credit union in any manner the credit union chooses.  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.  12. FOREIGN TRANSACTIONS.  Purchases and cash advances made in foreign currencies will be debited from your account in U.S. dollars. The exchange rate between the transaction curr ency and the billing currency used for processing international transactions is a rate selected by Visa from a range of rate s available in wholesale currency markets for the applicable centra l processing date, which rate may vary from the rate Visa itself  receives or the government-mandated rate in effect for the applicable central processing date. The exchange rate used on th e processing date may differ from the rate that would have been used on the purchase date or cardholder statement posting date.  A fee of 1% of the amount of the transaction, calculated in U.S. dollars, wi ll be imposed on all foreign transactions, includin g purchases, cash advances and credits to your account. A foreign transaction is any transaction that you complete or a merchant completes on your card outside of the United  States, with the exception of U.S. military bases, U.S. territories, U.S. embassies or U.S. consulates.  13. COLLECTION COSTS.  You agree to pay all costs of collecting the am ount you owe under this Agreement, including court costs and reasonable attorney's fee, as permitted by applicable state law.   14. SECURITY INTEREST.  If you give the credit union a specific pledge of shares by signing a separate pledge of shares, your pledged shares will secure your account.  You may not wi thdraw amounts that have been specifically pledged to secure your account until the credit union agrees to release all or part of the pledged amount.  In addition, your account is secured by all other shares you have in any individual or joint account with  the credit union, except for shares in an Individual Retireme nt account or in any other account that would lose special tax treat ment under state or federal law if given as security.  These other shares may be withdrawn unless you are in default under this Agreement.  You authorize the credit union to apply the balance in  your individual or joint share accounts to pay any amounts due on your account if you should default.  Collateral securing other loans you have with the credit union may also secure this loan , except that a dwelling will never be considered as security for  this account, notwithstanding anything to the contrary in any other agreement.  15. DEFAULT.  You will be in default if you fail to make any minimum pay ment or other required payment by the date that it is due.  You will be in default if you; a) break any promise you make under this Agreem ent; b) exceed your credit limit; c) are a natural person, if you die; d) are an organization, you cease to exist; e) are an organization, you change your legal structure  so that the person obligating the organization to  this Agreement is no longer authorized to bind it to legal agreements; f) file for bankruptcy or become insolvent; g) make any false or misleading statements in any credit application or credit update; or h) if something happens that the credit union believes may substantially reduce your ability to repay what you owe. When you are in default, the credit union has the right to demand immediate payment of your full acco unt balance without giving you notice.  If 
immediate payment is demanded, you agree to continue paying finance charges, at the Interest Rate in effect, or if applicable, at the penalty rate disclosed on the Addendum until what you owe has been paid, and any shares that were given as security for your account may be applied towards what you owe.   16. CHANGING OR TERMINATING YOUR ACCOUNT.   The credit union may change the terms of this Agreement and the  Addendum from time to time.  Notice of any change will be gi ven in accordance with applicable law.  If permitted by law, the change will apply to your existing account balance as well as to future transactions.  Either you or the credit union may terminat e this Agreement at any time, but termination by you or the credit union will not af fect your obligation to pay the account balance plus any finance an d other charges you owe under this Agreement.  You are also responsible for all transactions made to your account afte r termination, unless the transactions were unauthorized.   The card or cards you receive remain the property of the cred it union and you must recover and surrender to the credit union all cards upon request or upon termination of this Agreement whether  by you or the credit union.  The credit union has the right to  require you to pay your full account balance at any time after your account is terminated, whether it is terminated by you or the credit union.    17. CHANGING OR TERMINATING AUTHORIZED USERS.   Upon your request, we may issue additional cards for authorized users that you designate. You must notify us in writing of any termination of an authorized user's right to access your account . Your letter must include the name of the authorized user and your account number and/or any subaccount number issued to the authorized user along with the authorized user's card and any convenience or other access checks issued to the authorized user. If you cannot return the authorized user's card or access checks and if you request your account to be closed, we will close your account and you may apply for a new account.  18. LIABILITY FOR UNAUTHORIZED USE-LOST/STOLEN CARD NOTIFICATION.  You may be liable for the unauthorized use of your card or account. Notify us immediately, in writ ing or by telephone at the address or phone number on the Addendum if your card is lost, stolen or you suspect there has been unauthorized use of your card or account.  After we receive your notification, you will not be liable for any furt her unauthorized use of your card or account.  
 
     YTXAC0 (BXCV10)-e 4If you are an organization with 10 or more employees and we have issued 10 or more cards on your account for use by your employees, you will be liable for all unauthorized use of your ca rds or account before notification to us.  Otherwise, you will be liable for up to $50 for the unauthorized use of your card or a ccount before notification to us.  Unauthorized use does not include use of a card by an authorized user in an unauthorized manner.   19. CREDIT REVIEW AND RELEASE OF INFORMATION.   You authorize the credit union to investigate your credit standing when opening or reviewing your account.  You authorize the credi t union to disclose information regarding your account to credi t bureaus and creditors who inquire about your credit standing.  If your account is eligible for emergency cash and/or emergency card replacement services, and you request such services, you agree that we may provide personal information about you and your account that is necessary to provide you with the requested service(s).  20. RETURNS AND ADJUSTMENTS.  Merchants and others who honor your card ma y give credit for returns or adjustments, and they will do so by sending the credit union a credit which will be posted to your account.  If your credits and payments exceed what you owe the credit union, the am ount will be applied against future purchases and cash advances.  If the credit balance amount is $1 or more, it will be refunded upon your  written request or automatically after six (6) months.  21. ADDITIONAL BENEFITS/CARD ENHANCEMENTS.   The credit union may from time to time offer additional services to your account, such as travel accident insurance or a liability  waver program, at no additional cost to you. You understand that  the credit union is not obligated to offer such servic es and may withdraw or change them at any time.  22. EFFECT OF AGREEMENT.  This Agreement is the contract which applies to all transactions on your account even though the sales, cash advances, credit or other slips yo u sign or receive may contain different terms.   23. NO WAIVER.  The credit union can delay enforcing any of its rights any number of times without losing them.   24. STATEMENTS AND NOTICES.  Unless separate subaccounts have been set up under your account for authorized users, statements and notices will be mailed to you at the most rec ent address you have given the credit union. You agree to notify us  at least 10 days in advance of any change in address. Noti ce sent to any one person bound under this Agreement will be considered notice to all. If we have agreed to send statements for subaccounts under your account that have been issued to authorized users, we will send statements to  the most recent address you have provided for that authorized user. You agree to notify us at least 10 days in advance of any change in addre ss for an authorized user. You are responsible for payment of all amounts shown on a statement delivered to an authorized user.  25. NOTIFICATION OF CHANGE IN LEGAL STRUCTURE, OFFICERS OR OWNERS.   If you are an organization, you agree to notify us within 10 days of any change in your legal  structure or any change in your officers or owners.   26. SEVERABILITY AND FINAL EXPRESSION.   This Agreement is the final expression of the terms and conditions of your account. This written Agreement may not be contradicted by evid ence of any alleged oral agreement. Should any part of this Agreement be found to be invalid or unenforceable, all other parts of this Agreement shall remain in effect and fully enforceab le to the fullest extent possible under this Agreement.   27. PENALTY RATE DISCLOSURES.   All rates for your account, including the rates for purchases, cash advances, and balance transfers, will automatically increase to the Penalty Ra te disclosed on the Addendum when you are 60 days delinquent in making a payment.  The rates for purchases, cash advances and balance transfers will  automatically revert to the rates then in effect for those balances when you make at least 12 consecutive monthly pa yments by the payment due date as shown in your monthly statement, the rate for purchases, cash advances and balance trans fers on your account will automatically reduce to the rates then in effect for non-delinquent account. 
 28. INTERNET GAMBLING TRANSACTIONS PROHIBITED.  You may not use your card to initiate any type of electronic gambling transaction through the Internet.  29. GOVERNING LAW. This Agreement is governed by the laws of the state of Texas.  30. NOTIFICATION INFORMATION FOR REPORTING LO ST, STOLEN AND UNAUTHORIZED USE OF CARD.  Notify us at once if your card has been lost or stolen or  if you suspect that your card is being used without your permission at the followi ng:     By Phone: (866) 820-3792 (24 hours/7 days a week)  Or by mail: P.O. Box 31112 Tampa, FL 33631-3112