19867 Prairie Street
Chatsworth, CA 91311
(800) 772-4000 (818) 772-4000

Borrower Name(s)

Interest Rate and Interest Charges

CREDIT LINE ACCOUNT
AGREEMENT AND DISCLOSURE
THIS IS YOUR CREDIT LINE ACCOUNT AGREEMENT AND IT INCLUDES NECESSARY FEDERAL
TRUTH-IN-LENDING DISCLOSURE STATEMENTS AND ANY SPECIAL INSTRUCTIONS REGARDING THE USE
OF YOUR CLASSIC VISA, STANDARD MASTERCARD, STANDARD MASTERCARD STUDENT PROGRAM,
SECURED MASTERCARD, PREMIER PRIVILEGES PLATINUM MASTERCARD AND PREMIER FIRST
MASTERCARD CREDIT CARDS AND OVERDRAFT LINE OF CREDIT AND PREMIER LINE OF CREDIT
PRODUCTS AND ANY OTHER ACCOUNT ACCESS DEVICES. PLEASE READ THIS AGREEMENT CAREFULLY
AND NOTIFY US AT ONCE IF ANY PARTS ARE UNCLEAR.

Account Number

Credit Limit

Annual Percentage
Rate (APR) For
Purchases

Standard MasterCard: _______% introductory APR for _________ months.

After that, Your APR will be _______%. This APR will vary with the market based on the
Prime Rate.

Standard MasterCard Student Program: _______% introductory APR for _________ months.

After that, Your APR will be _______%. This APR will vary with the market based on the
Prime Rate.

Secured MasterCard: _______%

This APR will vary with the market based on the Prime Rate.

Premier Privileges Platinum MasterCard: _______% introductory APR for _________ months.

After that, Your APR will be _______%.

Premier First MasterCard: _______% introductory APR for _________ months.

After that, Your APR will be _______%. This APR will vary with the market based on the
Prime Rate.

Classic VISA: _______%

Annual Percentage
Rate (APR) For
Balance Transfers

Standard MasterCard: _______% introductory APR for _________ months.

After that, Your APR will be _______%. This APR will vary with the market based on the
Prime Rate.

Standard MasterCard Student Program: _______% introductory APR for _________ months.

After that, Your APR will be _______%. This APR will vary with the market based on the
Prime Rate.

Secured MasterCard: _______%

This APR will vary with the market based on the Prime Rate.

Premier Privileges Platinum MasterCard: _______% introductory APR for _________ months.

After that, Your APR will be _______%.

Premier First MasterCard: _______% introductory APR for _________ months.

After that, Your APR will be _______%. This APR will vary with the market based on the
Prime Rate.

Classic VISA: _______%

Copyright Oak Tree Business Systems, Inc., 2014-2015. All Rights Reserved.

Page 1 of 7

OTBS 016FRB_WEB PREM (2/15)

SEE PAGES 2 AND 3 for more important information about Your Account

Interest Rate and Interest Charges (continued)

Annual Percentage
Rate (APR) For
Cash Advances

Standard MasterCard: _______% introductory APR for _________ months.

After that, Your APR will be _______%. This APR will vary with the market based on the
Prime Rate.

Standard MasterCard Student Program: _______% introductory APR for _________ months.

After that, Your APR will be _______%. This APR will vary with the market based on the
Prime Rate.

Secured MasterCard: _______%

This APR will vary with the market based on the Prime Rate.

Premier Privileges Platinum MasterCard: _______% introductory APR for _________ months.

After that, Your APR will be _______%.

Premier First MasterCard: _______% introductory APR for _________ months.

After that, Your APR will be _______%. This APR will vary with the market based on the
Prime Rate.

Classic VISA: _______%

Overdraft Line of Credit: _______%

This APR will vary with the market based on the Prime Rate.

Premier Line of Credit: _______%

This APR will vary with the market based on the Prime Rate.

Penalty APR And
When it Applies

For Overdraft Line of Credit and Premier Line of Credit: ________%

This APR may be applied if:
1) You make a late payment.
2) You are otherwise in default.

How Long Will The Penalty APR Apply? If Your APR is increased for this reason, the Penalty
APR will be applied indefinitely to Your entire balance existing at that time and in the future.

Paying Interest

For VISA and MasterCard, Your due date is at least 25 days after the close of each billing cycle. We
will not charge You any interest on purchases if You pay Your entire balance by the due date each
month. For all Feature Categories We will begin charging interest on balance transfers and cash
advances on the transaction date.

For Credit Card
Tips from the
Consumer Financial
Protection Bureau

Fees

Transaction Fees
.

Foreign Transaction

.

Cash Advance

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://www.consumerfinance.gov/learnmore.

For VISA and MasterCard (except Premier Privileges Platinum MasterCard), 1.00% of each
transaction in U.S. dollars.

For VISA and MasterCard, the greater of 3.00% of each transaction or $3.00.

SEE PAGES 1 AND 3 for more important information about Your Account

Copyright Oak Tree Business Systems, Inc., 2014-2015. All Rights Reserved.

Page 2 of 7

OTBS 016FRB_WEB PREM (2/15)

Fees (continued)

Penalty Fees
.

Late Payment

.

Over-the-Credit Limit

Except VISA and MasterCard, $15.00
For VISA and MasterCard, up to $15.00
Except VISA and MasterCard, $10.00

How We Will Calculate Your Balance: For all Products (except VISA and MasterCard), We use a method called "daily
balance." For VISA and MasterCard, We use a method called "average daily balance (including new purchases)." See Your
Account Agreement for details.

Billing Rights: Information on your rights to dispute transactions and how to exercise those rights is provided in Your Account
Agreement.

SEE PAGES 1 AND 2 for more important information about Your Account

In this Agreement, the references to "We," "Us," "Our," and "Credit Union" mean PREMIER AMERICA CREDIT UNION. The words "You" and "Your" mean each person
accepting this Agreement. The words "VISA," "MasterCard," "Card" and "Credit Card" mean any Classic VISA, Standard MasterCard, Standard Mastercard Student
Program, Secured MasterCard, Premier First MasterCard, or Premier Privileges Platinum MasterCard Credit Card issued to You by Us and any duplicates or renewals. If
this is a joint account, read singular pronouns in the plural.

You, as the borrower, under a Credit Line Account ("Account"), understand that the following Federal Disclosure Statement and the terms and conditions found herein
constitute Our Agreement with You. Your Account may be accessible through a variety of means which could include advance request forms, vouchers, convenience
checks, charge slips, credit cards, telephone access, personal computer access, ATMs or other mechanical/electronic means and the like. Regardless of the access
means, You promise to pay Us all amounts charged or advanced to Your Account by You or by any user who has access to Your Account, with actual, apparent or
implied authority for use of Your Account, including Finance Charges and other fees or charges described herein. You may terminate the use of Your Account by an
authorized user by preventing the use of any Account access device (such as a Credit Card or PIN) by that user and by notifying Us in writing that any such user is no
longer authorized to use Your Account. You understand that all advances are subject to Our prior approval.

PRODUCTS
Your Account has products which may include Classic VISA, Standard MasterCard, Standard Mastercard Student Program, Secured MasterCard, Premier Privileges
Platinum MasterCard, Premier First MasterCard, Overdraft Line of Credit, and Premier Line of Credit.

Product

Product

Variable Rate

Index

Margin

Daily
Periodic Rate

Annual
Percentage Rate

Introductory
Daily
Periodic Rate

%

%

Introductory
Annual
Percentage Rate

%

%

Copyright Oak Tree Business Systems, Inc., 2014-2015. All Rights Reserved.

Page 3 of 7

OTBS 016FRB_WEB PREM (2/15)

CONTACT METHODS
You understand and agree that to the extent permitted by applicable law and as an
express condition of Our providing the credit represented by this disclosure, We
may choose to contact You at any wireless, cellular, mobile or other phone number
that You provide or any other number We may obtain. You further understand and
agree that We may contact You using any electronic means We choose, including
but not limited to text messages and email. Without limitation, You agree to pay all
costs that You may incur as a result of the contact method We choose.

TRANSACTIONS/ADVANCES
Whenever You request a transaction or an advance, We may require You to prove
your identity. If You request an advance by telephone, We will deposit the amount
requested in Your share savings account or Your checking account (or any other
account as directed by You) and You authorize Us to do this, or We will draw a
draft or check made payable to You and mail
to You. When the amount
advanced appears on a subsequent statement, that will be conclusive evidence of
Your
for VISA and
MasterCard purchases and except
for VISA and MasterCard cash advances
made at Premier America Credit Union office locations) are subject to a minimum
of $100.00.

telephone request. Advances for all products (except

it

SECURITY
As permitted by law, to secure all transactions under this Agreement in either joint
or individual Accounts, We have the right to impress and enforce a statutory lien
against Your shares on deposit with Us (other than those deposits established
under a governmental approved tax deferral plan such as an IRA or Keogh
account) and any dividends due or to become due to You from Us to the extent
that You owe on any unpaid balance on Your Account and We may enforce Our
right to do so without further notice to You. Additionally, You agree that We may
setoff any mutual indebtedness.

OTHER SECURITY/CROSS COLLATERAL
Collateral (other than household goods or any dwelling) given as security for any
other loan You may have with Us both now and in the future will, in addition to
securing all presently existing debts and liabilities You owe to Us, secure all
future advances We make to You or for Your Account, including advances for
reasonable attorneys' fees, court costs and/or collection agency fees and costs
incurred in the collection of all indebtedness. Such Collateral shall include any and
all accessions, related insurance proceeds or insurance premium refunds.

ACCOUNT RESTRICTIONS
In order to receive and maintain a Share Secured product (such as Secured
MasterCard), You agree to give Us a specific pledge of shares which will be equal
to 110% of Your approved Credit Limit. In the event that You default on Your
Account, We may apply these shares toward the repayment of any amount owed
on Your Share Secured product. You may cancel Your Share Secured product at
any time by paying any amounts owed on Your specific Share Secured product
and returning any access devices. To be certain that Your entire balance and all
advances on Your Account are paid, any shares pledged may not be available for
30 days after You have cancelled any such account product.

LINE OF CREDIT LIMIT
You will be notified of your specific credit limits which are available under your
Account. Unless you are in default,
limits established for you will
generally be self-replenishing as you make payments on your Account.

the credit

You will keep your unpaid balance within the credit limits set by us, and you will
pay any amount over the credit limits on our demand whether or not we authorize
the advances which caused you to exceed your credit limits.

For Credit Cards, your available credit will be reduced by pending transactions
that have not yet been posted to your Account. Such a "hold" on your available
credit might remain in effect until the earlier of the date that the transaction
actually posts to your Account for a corresponding amount or 10 business days. In
the event that a transaction posts for an amount that is different than a pending
transaction, your available credit will still be reduced by an amount
that
corresponds to the related pending transaction for up to 10 business days.

JOINT ACCOUNTS
Each borrower will be responsible, jointly and severally, for the repayment of any
amounts owed. If any Account access device, such as a Personal Identification
Number (PIN), is requested and approved, You understand that any such Account
access device(s) will be mailed only to the primary borrower(s) at the current
address of record at the Credit Union. We may refuse to follow any instructions
which run counter to this provision.

FINANCE CHARGES (EXCEPT VISA AND MASTERCARD)
The balances subject
to the periodic Finance Charge are the daily ending
balances outstanding for each day during the billing cycle. To get the daily ending
balance, We take the beginning balance of Your account each day, add any new
advances, insurance premiums, debit adjustments and any applicable fees, and
subtract any payments, credits and unpaid Finance Charges and late fees. The
Finance Charge is computed by multiplying the Daily Periodic Rate by the daily
ending balance outstanding for each day of the billing cycle. The daily Finance
Charges are added together and the sum is the amount of Your total new Finance
Charge due. There is no grace period.

VISA AND MASTERCARD FINANCE CHARGES
The balances subject
to the periodic Finance Charge are the average daily
balances outstanding during the billing cycle. The Finance Charge for a billing
cycle is computed by applying the Daily Periodic Rate to the average daily
balance during the billing cycle. To get the average daily balance, We take the
beginning balance of Your Account each day, add any new purchases, balance
insurance premiums, debit adjustments and any
transfers, cash advances,
applicable fees, and subtract any payments, credits and unpaid Finance Charges
or Late Fees. Then, We add up all the daily balances for the billing cycle and
divide them by the number of days in the billing cycle which We multiply by the
Daily Periodic Rate. These daily Finance Charges are then added together and
the sum is the amount of Your total new Finance Charge due.

You can avoid Finance Charges on purchases by paying the full amount of the
entire balance owed each month within 25 days of Your statement closing date.
Otherwise, the new balance of purchases, and subsequent purchases from the
date they are posted to Your Account, will be subject to a Finance Charge.
Balance transfers and cash advances are always subject to a Finance Charge
from the date they are posted to Your Account .

Your Standard MasterCard is subject to a discounted introductory Daily Periodic
Rate as set forth herein for the initial six-month period. Upon the expiration of the
introductory rate period, Your Daily Periodic Rate will
increase to the
non-introductory Daily Periodic Rate (corresponding to the non-introductory
Annual Percentage Rate) as also set forth herein.

Your Standard MasterCard Student Program is subject
to a discounted
introductory Daily Periodic Rate as set forth herein for the initial six-month period.
Upon the expiration of the introductory rate period, Your Daily Periodic Rate will
increase to the non-introductory Daily Periodic Rate (corresponding to the
non-introductory Annual Percentage Rate) as also set forth herein.

Your Secured MasterCard is subject to a Daily Periodic Rate, corresponding to an
Annual Percentage Rate, as set forth herein.

Your Premier Privileges Platinum MasterCard is subject
to a discounted
introductory Daily Periodic Rate as set forth herein for the initial six-month period.
Upon the expiration of the introductory rate period, Your Daily Periodic Rate will
increase to the non-introductory Daily Periodic Rate (corresponding to the
non-introductory Annual Percentage Rate) as also set forth herein.

to a discounted introductory Daily
Your Premier First MasterCard is subject
Periodic Rate as set
forth herein for the initial six-month period. Upon the
expiration of the introductory rate period, Your Daily Periodic Rate will increase to
the non-introductory Daily Periodic Rate (corresponding to the non-introductory
Annual Percentage Rate) as also set forth herein.

Your Classic VISA is subject to a Daily Periodic Rate, corresponding to an Annual
Percentage Rate, as set forth herein.

VARIABLE RATE (EXCEPT PREMIER PRIVILEGES
PLATINUM MASTERCARD AND CLASSIC VISA)
Except Premier Privileges Platinum MasterCard and VISA Classic, all advances
are subject to a Variable Rate which is based on the Prime Rate as published in
the Money Rates Section of The Wall Street Journal on the last day of Your
previous billing cycle ("Index") plus Our Margin. The Index plus the Margin equals
the Interest Rate. Changes in the Index will cause changes in the Interest Rate on
the first day of the billing cycle following any such change in the Index. Increases
or decreases in the Interest Rate will cause like increases or decreases in the
Finance Charge and will affect the number of regularly scheduled payments that
You will be required to make. There is no limit on the amount by which Your
Interest Rate can increase.

For Premier First MasterCard, if You do not incur a late charge during the period
beginning on the date your Account is opened and ending on the last day of the
month in which the first anniversary of the opening of Your Account occurs, the
Margin that is applied to Your Account will be reduced by two percentage points
(2.00%) beginning with the subsequent billing cycle. For each 12-month period
thereafter during which You do not incur a late charge, the Margin applicable to
Your Account will be reduced by an additional two percentage points (2.00%), up
to a total reduction in the Margin of eight percentage points (8.00%). These
annual reductions in the Margin will automatically cease: (a) if you incur a late
charge; or (b) when you have earned an eight percentage point (8.00%) reduction
in the Margin; whichever occurs first.
In the event you make a late payment and
are no longer eligible to earn further reductions in the Margin, any reduction in the
Margin you may have previously earned will continue to apply to Your entire
balance outstanding at that time and in the future.

VARIABLE RATE (EXCEPT VISA AND MASTERCARD)
Your Account is subject to a Variable Rate which is based on the Prime Rate as
published in the Money Rates Section of The Wall Street Journal on the last day
of Your previous billing cycle ("Index") plus Our Margin. The Index plus the Margin
equals the Interest Rate. Changes in the Index will cause changes in the Interest
Rate on the first day of the billing cycle following any such change in the Index.
Increases or decreases in the Interest Rate will cause like increases or decreases
in the Finance Charge and will affect the number of regularly scheduled payments

Copyright Oak Tree Business Systems, Inc., 2014-2015. All Rights Reserved.

Page 4 of 7

OTBS 016FRB_WEB PREM (2/15)

that You will be required to make. There is no limit on the amount by which Your
Interest Rate can increase.

LATE CHARGE (EXCEPT VISA AND MASTERCARD)
If Your payment is 15 or more days past due, You will be charged $15.00.

VISA AND MASTERCARD LATE CHARGE
If Your payment is 15 or more days past due, You will be charged the lesser of:
(a) the amount of the minimum payment due; or (b) $15.00.

for VISA and MasterCard,

OTHER FEES AND CHARGES
You will be charged the following fees and charges associated with the use of
Your Account: (a)
the
for VISA and
transaction or $3.00 for each cash advance obtained;
MasterCard, to the extent permitted by applicable law, the greater of $250.00 or
actual costs incurred by the Credit Union when You elect to withdraw a charge
back and initiate arbitration proceedings; (c) for VISA and MasterCard, $12.00 for
each draft copy that You request; and (d) except for VISA and MasterCard,
$10.00 whenever You exceed Your Credit Limit by: (i) $500.00; or (ii) an amount
that causes Your balance to exceed 120 percent of Your Credit Limit; whichever
is less.

the greater of 3.00% of
(b)

MONTHLY PAYMENT SCHEDULE
Though You need only pay the Current Payment due shown on Your monthly
statement, You understand that You have the right to repay Your Account or make
larger payments on Your Account at any time without penalty. You also
understand that You will be charged periodic Finance Charges to the date You
repay Your entire Account balance. Any partial payment or prepayment of Your
Account will not delay Your next scheduled payment. All payments to Us must be
in lawful money of the United States. Payments will be applied first to collection
costs, then to any Finance Charges due, then to any Fees and Charges owing,
then to the outstanding principal balance. Any unpaid portion of the Finance
Charge will be reduced by subsequent payments and will not be added to the
principal balance. You understand that any delay in the repayment of Your unpaid
balance will increase Your periodic Finance Charges and any acceleration in the
repayment of Your unpaid balance will decrease Your periodic Finance Charges.

Your payment is due on the payment due date as disclosed on Your monthly
statement. You may elect to make your payment by automatic transfer from a
designated account. If You select this option, You understand and agree that You
must maintain sufficient funds on deposit to permit Us to transfer the payment on
the payment due date.

If You are in default, We may, without prior notice or demand and to the extent
permitted by law, cancel Your rights under this Agreement, declare the entire
unpaid balance of Your Account immediately due and payable, set-off any money
owed Us in accordance with the terms of said Agreement and require the return of
all access devices.

If immediate payment is demanded, You will continue to pay Finance Charges at
the applicable Annual Percentage Rate in effect until what You owe has been
repaid. Even if Your unpaid balance is less than Your Credit Limit(s), You will have
no credit available during any time that any aspect of Your Account is in default.

PENALTY APR (EXCEPT VISA AND MASTERCARD)
For all products (except VISA and MasterCard), if You are ever 30 or more days
past due on any payment and/or Your Account is otherwise in default, the Margin
applicable to Your entire balance existing at
time and in the future will
increase by 10.00%. The increase in the Margin will result in an increase in the
Daily Periodic Rate by 0.027397% (corresponding to an increase in the ANNUAL
PERCENTAGE RATE of 10.00%).

that

ENFORCEMENT
We do not lose our rights under this or any related agreement if We delay
enforcing them. We can accept late payments, partial payments or any other
payments, even if they are marked "paid in full" or contain language indicating full
satisfaction of the unpaid balance without losing any of Our rights under this
Agreement. Any compromise in, or the reduction of, amounts owed under this
Agreement must be previously agreed to in writing by an authorized employee of
the Credit Union. If any provision of this or any related agreement is determined to
be unenforceable or invalid, all other provisions remain in full force and effect.

COLLECTION COSTS
If You are in default, to the extent permitted by law, You will reimburse us for all
including
costs of collecting the amount You owe under
reasonable attorneys' fees. You agree that We may add any collection costs,
including reasonable attorneys' fees, to Your Account balance on which Finance
Charges will be charged, subject to the applicable Annual Percentage Rate.

this Agreement

DEBT CANCELLATION COVERAGE
Debt cancellation coverage ("Loan Protection Plan") is not required for any
extension of credit under this Agreement. However, You may purchase any Loan
Protection Plan available through Us and have the fees added to Your outstanding
Account balance.
to do so, You will be given the necessary
disclosures and documents separately.

If You elect

For all products (except VISA and MasterCard), Your payment will be 2.00% of
Your new unpaid balance at the end of each billing cycle plus any portion of the
payments shown on prior statement(s) which remains unpaid, plus any amount
that exceeds Your approved credit limit. Your current payment in any event will be
subject to the lesser of $20.00 or Your balance.

INTEGRATED DOCUMENTS
labeled "Additional Disclosure - Federal
Any separate sheet of paper
Truth-In-Lending Act," "Truth-In-Savings Disclosure and Agreement" or "Schedule
of Fees" which is delivered together with this Agreement or separately becomes
an integrated part of this Agreement and Disclosure.

VISA and MasterCard payments will be 3.00% of Your new unpaid balance at the
end of each billing cycle plus any portion of any payments shown on prior
statement(s) which remains unpaid, plus any amount that exceeds Your approved
credit limit. Your payment in any event will be subject to the lesser of $15.00 or
Your balance.

OVERDRAFT PROTECTION
You agree that We may transfer funds in multiples of $100.00 (or in such
increments as We may from time to time determine) to Your checking account by
an advance on the account product designated on Your Overdraft Protection
Application/Sign-Up Card to clear any overdraft on Your checking account. In any
event, You hold Us harmless for any and all liability which might otherwise arise if
the transfer does not occur. Your checking account overdraft protection
automatically ceases if this Agreement is cancelled or terminated or Your Account
is in default.

PERIODIC STATEMENTS
On a regular basis, You will receive a statement showing all transactions on Your
Account including amounts paid and borrowed since Your last statement. We will
mail You a statement each month in which there have been any transactions on
Your Account or there is a debit or credit balance. We need not send You a
statement if we feel Your Account is uncollectible but such action by Us does not
relieve You of Your liability to repay any amounts that You owe Us. Each
statement is deemed to be a correct statement of account unless You notify Us of
a billing error pursuant to the Federal Truth-In-Lending Act.

limited to loan agreements, credit

DEFAULT/CROSS DEFAULT
You will be in default if: (a) You do not make any payment or perform any
that You may have with Us,
obligation required under any other agreement
including but not
line agreements, debt
instruments and the like; or (b) You do not make any payment or perform any
obligation required under this Agreement; or (c) You should die, become involved
in any insolvency, receivership or custodial proceeding brought by or against You;
or (d) You have made a false or misleading statement in Your credit application
and/or in Your representations to us while You owe money on Your Account; or
(e) A judgment or tax lien should be filed against You or any attachment or
garnishment should be issued against any of Your property or rights, specifically
including anyone starting an action or proceeding to seize any of Your funds on
deposit with Us; and/or (f) We should, in good faith, believe Your ability to repay
Your indebtedness hereunder is or soon will be impaired.

NOTIFICATION OF ADDRESS CHANGE
You will notify Us promptly in writing if You: (a) move or otherwise have a change
of address; or (b) change Your name.

CHANGE IN TERMS
We may change the terms of this Agreement by mailing or delivering to You
written notice of the changes as prescribed by the Federal Truth-In-Lending Act.
To the extent permitted by law, the right to change the terms of this Agreement
includes, but is not limited to, the right to change the periodic rate applicable to
Your unpaid balance and/or future advances.

CONSENT TO AGREEMENT
You agree to and accept the terms of this Agreement and Disclosure by signing
the application for Your Account; by signing this Agreement and Disclosure; by
using Your Account; by using any Account access device; or by using or
authorizing another to use Your Account.

UPDATING AND DISCLOSING FINANCIAL INFORMATION
You will provide facts to update information contained in Your original application
or other financial information related to You, at our request. You also agree that
We may, from time to time, as We deem necessary, make inquiries pertaining to
Your employment, credit standing and financial responsibility in accordance with
applicable laws and regulations. You further agree that We may give information
about
to consumer credit
reporting agencies, a prospective employer or insurer, or a state or federal agency
having any apparent legitimate business need for such information.

the status and payment history of Your Account

You agree to provide Us, upon Our request, with a current financial statement or
other current credit information that meets Our requirements. You understand and
agree that if We request such information, that We may, at Our sole option, refuse
to make further advances on Your Account until such time as We have received
the requested information.
If You fail to furnish the requested information in a
timely fashion We may, at Our option, and without further notice to You, declare
Your Account to be in default.

TERMINATION
Either You or We may cancel Your Account at any time, whether or not You are in
default.
In the event We receive a written request for Account termination from
You or any party to Your Account, or if We receive inconsistent instructions
regarding Account termination from different parties to Your Account, We may, at

Copyright Oak Tree Business Systems, Inc., 2014-2015. All Rights Reserved.

Page 5 of 7

OTBS 016FRB_WEB PREM (2/15)

Our sole option and without further notice to any other party, terminate Your
Account or refuse any right with respect to Your Account, which may include, but
is not limited to, refusing any request for credit or an advance on Your Account.
You will, in any case, remain liable to pay any unpaid balances according to the
terms of Your Account.

range of rates available in wholesale currency markets for the applicable central
processing date, which rate may vary from the rate VISA or MasterCard, as is
applicable, itself receives; or (b) the government-mandated rate in effect for the
applicable central processing date. In each instance, You will be charged a fee in
an amount equal to 1.00% of the settlement amount.

ARBITRATION
Any controversy or claim arising out of or relating to any product contained in this
Credit Line Account Agreement And Disclosure, or the breach thereof, shall be
settled by arbitration administered by the American Arbitration Association in
accordance with its Arbitration Rules, and judgment on the award rendered by the
arbitrator(s) may be entered in any court having jurisdiction thereof. All parties
hereby waive and give up all rights to a jury trial or class action relief.

GOVERNING LAW
This Agreement is controlled and governed by the laws of the State of California
except to the extent that such laws are inconsistent with controlling federal law.

SPECIFIC TERMS APPLICABLE TO YOUR
MASTERCARD AND/OR VISA CREDIT CARD PLAN

USE OF YOUR CARD
You may use Your Card to buy goods and services in any place that the Card is
honored and to get cash advances from participating ATMs. You agree not to use
Your Card for illegal transactions including, but not limited to, advances made for
the purpose of gambling and/or wagering where such practices are in violation of
applicable state and/or federal
law. Additionally, You agree not to utilize Your
VISA and/or MasterCard account for the purchase of any goods or services on the
Internet that involve gambling of any sort. Such transactions include, but may not
be limited to, any quasi-cash or online gambling transaction, any electronic
commerce transaction conducted over an open network, and any betting
transaction including the purchase of lottery tickets or casino gaming chips or
off-track betting or wagering. However, in the event that a charge or transaction
described in this paragraph is approved and processed, You will still be
responsible for such charges.

OWNERSHIP
All Account access devices remain Our property and may be cancelled by Us at
any time without notice. You agree to surrender such Account access devices and
to discontinue their use immediately upon Our request.

CONSENSUAL LIEN
If You have been issued a Credit Card, You grant and consent to a lien on
Your savings, checking and certificate accounts with Us (except for IRA
accounts) and any dividends due or to become due to You from Us to the
extent You owe on Your unpaid Credit Card balance.

issue you a Personal

ISSUANCE OF PERSONAL IDENTIFICATION NUMBER
We will
Identification Number (PIN) for use with Your
Card in conjunction with participating Automated Teller Machines (ATMs) and/or
any other participating programs. This PIN is confidential and should not be
disclosed to anyone. You may use Your PIN to access Your Account and all
sums advanced will be added to Your Account balance. In the event a use of
Your PIN constitutes an Electronic Fund Transfer, the terms and conditions of
Your Electronic Fund Transfer Agreement may also affect Your rights. Your
use of the PIN is Your authorization to Us to charge Your Account to cover
such transactions.

PREMIER PRIVILEGES PLATINUM MASTERCARD AND PREMIER FIRST
MASTERCARD MILEAGE PROGRAM
Premier Privileges Platinum MasterCard and Premier First MasterCard Accounts
in good standing will earn Premier Privileges Platinum Points based on signature
based purchases made on your Account. The details of the Premier Privileges
Platinum Awards feature of Your Premier Privileges Platinum MasterCard and
Premier First MasterCard Account will be disclosed to You separately.

REFUSAL TO HONOR CONVENIENCE CHECKS OR CREDIT CARDS
We are not liable for the refusal or inability of merchants, financial institutions or
others to accept convenience checks or Credit Cards, or electronic terminals to
honor convenience checks or Credit Cards or complete a Card withdrawal, or for
their retention of convenience checks or Credit Cards.

OUR RESPONSIBILITY TO HONOR CONVENIENCE CHECKS
We may not accept any convenience check if: (1) by paying a convenience check
Your Account balance would exceed Your credit limit; (2) Your convenience check
or payment check is postdated; (3) Your Cards or convenience checks have been
reported lost or stolen; (4) Your Account has been cancelled or has expired.

If a postdated convenience check is paid and as a result any other convenience
check is returned or not paid, We are not responsible. Any convenience check that
is returned by Us unpaid will be subject to a returned check fee.

FOREIGN TRANSACTIONS (EXCEPT PREMIER PRIVILEGES PLATINUM
MASTERCARD)
For transactions initiated in foreign countries and foreign currencies, the exchange
rate between the transaction currency and the billing currency (U.S. dollars) will
be: (a) a rate selected by VISA and/or MasterCard, as is applicable, from the

TRANSACTION SLIPS
Your monthly statement will identify the merchant, electronic terminal or financial
institution at which transactions were made, but sales, cash advance, credit or
other slips are not returned with the statement.

LOST OR STOLEN CREDIT CARDS OR CONVENIENCE CHECKS
To report a lost or stolen Card, immediately call (800) 811-2917. To report lost or
stolen convenience checks, contact a Premier America Credit Union information
specialist by calling (800) 772-4000 or (818) 772-4000.

UNAUTHORIZED USE
You may be liable for the unauthorized use of Your Card. You will not be liable for
the unauthorized use that occurs after You notify Us orally or in writing at the
address or telephone number shown in this Agreement, of the loss, theft, or
possible unauthorized use. In any case, Your liability will not exceed $50.00.

CREDITS
If a merchant who honors Your Card gives You credit for returns or adjustments,
they will do so by generating a credit which will be posted to Your Account. If Your
credits and payments exceed what You owe Us, We will hold and apply this credit
against future purchases and cash advances or, if it is $1.00 or more, refund it on
Your written request or automatically deposit it to Your savings account after
six months.

EFFECT OF AGREEMENT
Even though the sales, cash advance, credit or other slips You may sign or
receive when using the Card contain terms, this Agreement is the contract which
solely applies to all transactions involving the Card.

Your Billing Rights: Keep this Document for Future Use

This notice tells You about Your rights and Our responsibilities under the Fair
Credit Billing Act.

What To Do If You Find A Mistake On Your Statement

If You think there is an error on Your statement, for VISA and MasterCard write to
Us at Card Services, P.O. Box 10409, Des Moines, IA 50306. For all other
Products, write to Us at Our address shown in this Agreement. In Your letter, give
us the following information:
.
.
.

Account information: Your name and Account number.
Dollar amount: The dollar amount of the suspected error.
Description of problem: 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 three 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.

2) Within 90 days of receiving Your letter, We must either correct the error or

explain to You why We believe the bill is correct.

try to collect

While We investigate whether or not there has been an error:
.
.
.
.

We cannot
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.

in question, or

report You as

the amount

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.
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
is due. We
the amount You owe and the date payment
statement of

Copyright Oak Tree Business Systems, Inc., 2014-2015. All Rights Reserved.

Page 6 of 7

OTBS 016FRB_WEB PREM (2/15)

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 $50.00 of the amount You question even if Your bill is correct.

Your Rights If You Are Dissatisfied With Your Credit Card Purchases

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 $50.00. (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.)

2) 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.

3) You must not yet have fully paid for the purchase.

If all of the criteria above are met and You are still dissatisfied with the purchase,
contact Us in writing at Card Services, P.O. Box 10409, Des Moines, IA 50306.

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:

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.

Copyright Oak Tree Business Systems, Inc., 2014-2015. All Rights Reserved.

Page 7 of 7

OTBS 016FRB_WEB PREM (2/15)

19867 Prairie Street
Chatsworth, CA 91311
(800) 772-4000 (818) 772-4000

PRICING INFORMATION ADDENDUM
CREDIT LINE ACCOUNT
AGREEMENT AND DISCLOSURE
THIS IS YOUR ADDENDUM THAT CONTAINS PRICING INFORMATION FOR YOUR CLASSIC VISA,
STANDARD MASTERCARD,
SECURED
MASTERCARD, PREMIER PRIVILEGES PLATINUM MASTERCARD, AND PREMIER FIRST MASTERCARD
CREDIT CARDS. PLEASE BE CERTAIN TO READ THIS ADDENDUM CAREFULLY AND NOTIFY US AT
ONCE IF ANY PARTS ARE UNCLEAR.

STANDARD MASTERCARD

PROGRAM,

STUDENT

Interest Rate and Interest Charges

Annual Percentage
Rate (APR) For
Purchases

Standard MasterCard: 0.00% Introductory APR for 6 months.

After that, Your APR will be 10.15% - 17.15% based on Your creditworthiness and will
vary with the market based on the Prime Rate.

Standard MasterCard Student Program: 0.00% Introductory APR for 6 months.

After that, Your APR will be 11.00% and will vary with the market based on the Prime Rate.

Secured MasterCard: 12.15% - 19.15% based on Your creditworthiness.

This APR will vary with the market based on the Prime Rate.

Premier Privileges Platinum MasterCard: 0.00% Introductory APR for 6 months.

After that, Your APR will be 9.50% - 17.00% based on Your creditworthiness.

Premier First MasterCard: 0.00% Introductory APR for 6 months.

After that, Your APR will be 19.00% and will vary with the market based on the Prime Rate.

Classic VISA: 15.40%

Annual Percentage
Rate (APR) For
Balance Transfers

Standard MasterCard: 0.00% Introductory APR for 6 months.

After that, Your APR will be 10.15% - 17.15% based on Your creditworthiness and will vary with the
market based on the Prime Rate.

Standard MasterCard Student Program: 0.00% Introductory APR for 6 months.

After that, Your APR will be 11.00% and will vary with the market based on the Prime Rate.

Secured MasterCard: 12.15% - 19.15% based on Your creditworthiness.

This APR will vary with the market based on the Prime Rate.

Premier Privileges Platinum MasterCard: 0.00% Introductory APR for 6 months.

After that, Your APR will be 9.50% - 17.00% based on Your creditworthiness.

Premier First MasterCard: 0.00% Introductory APR for 6 months.

After that, Your APR will be 19.00% and will vary with the market based on the Prime Rate.

Classic VISA: 15.40%

Annual Percentage
Rate (APR) For
Cash Advances

Standard MasterCard: 0.00% Introductory APR for 6 months.

After that, Your APR will be 10.15% - 17.15% based on Your creditworthiness and will
the market based on the Prime Rate.

vary with

Standard MasterCard Student Program: 0.00% Introductory APR for 6 months.

After that, Your APR will be 11.00% and will vary with the market based on the Prime Rate.

Secured MasterCard: 12.15% - 19.15% based on Your creditworthiness.

This APR will vary with the market based on the Prime Rate.

Copyright Oak Tree Business Systems, Inc., 2014-2015. All Rights Reserved.

SEE PAGE 2 for more important information about Your Account
Page 1 of 3

OTBS 016A FRB_WEB PREM (2/15)

Interest Rate and Interest Charges (continued)

Annual Percentage
Rate (APR) For
Cash Advances
(continued)

Premier Privileges Platinum MasterCard: 0.00% Introductory APR for 6 months.
After that, Your APR will be 9.50% - 17.00% based on Your creditworthiness.

Premier First MasterCard: 0.00% Introductory APR for 6 months.

After that, Your APR will be 19.00% and will vary with the market based on the Prime Rate.

Classic VISA: 15.40%

Paying Interest

For VISA and MasterCard, Your due date is at least 25 days after the close of each billing cycle. We
will not charge You any interest on purchases if You pay Your entire balance by the due date each
month. For all Feature Categories We will begin charging interest on balance transfers and cash
advances on the transaction date.

Fees

Transaction Fees
.
.

Foreign Transaction
Cash Advance

Except Premier Privleges Platinum MasterCard, 1.00% of each transaction in U.S. dollars.
The greater of 3.00% of each transaction or $3.00.

Penalty Fees
.

Late Payment

Up to $15.00

How We Will Calculate Your Balance: We use a method called "average daily balance (including new purchases)." See Your
Account Agreement for details.

Billing Rights: Information on your rights to dispute transactions and how to exercise those rights is provided in Your Account
Agreement.

SEE PAGE 1 for more important information about Your Account0

VISA AND MASTERCARD FINANCE CHARGES
The balances subject to the periodic Finance Charge are the average daily balances outstanding during the billing cycle. The Finance Charge for a billing cycle is
computed by applying the Daily Periodic Rate to the average daily balance during the billing cycle. To get the average daily balance, We take the beginning balance of
Your Account each day, add any new purchases, balance transfers, cash advances, insurance premiums, debit adjustments and any applicable fees, and subtract any
payments, credits and unpaid Finance Charges or Late Fees. Then, We add up all the daily balances for the billing cycle and divide them by the number of days in the
billing cycle which We multiply by the Daily Periodic Rate. These daily Finance Charges are then added together and the sum is the amount of Your total new Finance
Charge due.

You can avoid Finance Charges on purchases by paying the full amount of the entire balance owed each month within 25 days of Your statement closing date.
Otherwise, the new balance of purchases, and subsequent purchases from the date they are posted to Your Account, will be subject to a Finance Charge. Balance
transfers and cash advances are always subject to a Finance Charge from the later of the date they are posted to Your Account or from the first day of the billing cycle in
which the transaction is posted to Your Account.

Your Standard MasterCard is subject to a discounted introductory Daily Periodic Rate of 0.000000% (corresponding to an ANNUAL PERCENTAGE RATE of 0.00%) for
the initial six-month period. Upon the expiration of the introductory rate period, Your Daily Periodic Rate will increase to 0.027808% - 0.046986% (corresponding to an
ANNUAL PERCENTAGE RATE of 10.15% - 17.15%), depending on Your creditworthiness.

Your Standard MasterCard Student Program is subject to a discounted introductory Daily Periodic Rate of 0.000000% (corresponding to an ANNUAL PERCENTAGE
RATE of 0.00%) for the initial six-month period. Upon the expiration of the introductory rate period, Your Daily Periodic Rate will increase to 0.030137% (corresponding to
an ANNUAL PERCENTAGE RATE of 11.00%).

Your Daily Periodic Rate for Secured MasterCard is 0.033288% - 0.052466% (corresponding to an ANNUAL PERCENTAGE RATE of 12.15% - 19.15%), depending on
Your creditworthiness.

Your Premier Privileges Platinum MasterCard is subject to a discounted introductory Daily Periodic Rate of 0.000000% (corresponding to an ANNUAL PERCENTAGE
RATE of 0.00%) for the initial six-month period. Upon the expiration of the introductory rate period, Your Daily Periodic Rate will increase to 0.026027% - 0.046575%
(corresponding to an ANNUAL PERCENTAGE RATE of 9.50% - 17.00%), depending on Your creditworthiness.

Copyright Oak Tree Business Systems, Inc., 2014-2015. All Rights Reserved.

Page 2 of 3

OTBS 016A FRB_WEB PREM (2/15)

Your Premier First MasterCard is subject to a discounted introductory Daily Periodic Rate of 0.000000% (corresponding to an ANNUAL PERCENTAGE RATE of 0.00%)
for the initial six-month period. Upon the expiration of the introductory rate period, Your Daily Periodic Rate will increase to 0.052055% (corresponding to an ANNUAL
PERCENTAGE RATE of 19.00%).

Your Daily Periodic Rate for Classic VISA is 0.042192% (corresponding to an ANNUAL PERCENTAGE RATE of 15.40%).

VARIABLE RATE (EXCEPT PREMIER PRIVILEGES PLATINUM MASTERCARD AND CLASSIC VISA)
Except Premier Privileges Platinum MasterCard and VISA Classic, all advances are subject to a Variable Rate which is based on the Prime Rate as published in the
Money Rates Section of The Wall Street Journal on the last day of Your previous billing cycle ("Index") plus Our Margin. The Index plus the Margin equals the Interest
Rate. Changes in the Index will cause changes in the Interest Rate on the first day of the billing cycle following any such change in the Index. Increases or decreases in
the Interest Rate will cause like increases or decreases in the Finance Charge and will affect the number of regularly scheduled payments that You will be required to
make. There is no limit on the amount by which Your Interest Rate can increase.

For Premier First MasterCard, if You do not incur a late charge during the period beginning on the date your Account is opened and ending on the last day of the month in
which the first anniversary of the opening of Your Account occurs, the Margin that is applied to Your Account will be reduced by two percentage points (2.00%) beginning
with the subsequent billing cycle. For each 12-month period thereafter during which You do not incur a late charge, the Margin applicable to Your Account will be
reduced by an additional two percentage points (2.00%), up to a total reduction in the Margin of eight percentage points (8.00%). These annual reductions in the Margin
will automatically cease: (a) if you incur a late charge; or (b) when you have earned an eight percentage point (8.00%) reduction in the Margin; whichever occurs first.
In
the event you make a late payment and are no longer eligible to earn further reductions in the Margin, any reduction in the Margin you may have previously earned will
continue to apply to Your entire balance outstanding at that time and in the future.

The Margin for Standard MasterCard will range from 6.90 - 13.90 depending on Your creditworthiness.

The Margin for Standard MasterCard Student Program is 7.75.

The Margin for Secured MasterCard will range from 8.90 - 15.90 depending on Your creditworthiness.

The Margin for Premier Privileges Platinum MasterCard will range from 6.25 - 13.75 depending on Your creditworthiness.

The Margin for Premier First Standard MasterCard will be 15.75.

Copyright Oak Tree Business Systems, Inc., 2014-2015. All Rights Reserved.

Page 3 of 3

OTBS 016A FRB_WEB PREM (2/15)