17.  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  you  sign  or 
receive may contain different terms.

18.  No Waiver.  The Credit Union can delay enforcing any of 
its rights any number of times without losing them.

19   Statements  and  Notices. You  will  receive  a  statement 
each month showing transactions on your account. Statements 
and notices will be mailed to you at the most recent address 
you have given the Credit Union. Notice sent to any one of you 
will be considered notice to all. You agree to promptly notify the 
Credit Union if you change your mailing address.

20.  Transfer of Account. You cannot transfer or assign your 
account to any other person.

21.  Governing Law. This Agreement and your account shall 
be governed by California law without regard to any conflict of 
law rules.

Additional Disclosures Applicable to 
Convenience Checks

Convenience  Checks.  We  may  send  you  Convenience 
Checks which can be used to obtain cash or pay for goods or 
services up to the amount of your available credit limit unless 
the amount will cause you to exceed your credit limit. In such 
cases  these  Convenience  Checks  will  be  charged  against 
your credit limit, processed as cash advances and accumulate 
FINANCE CHARGES from the date the check posts to your 
Account, pursuant to paragraph 5 above. Convenience Checks 
may  only  be  used  by  the  person  whose  name  is  printed  on 
them. You may not use Convenience Checks to pay any amount 
which you owe us under this Agreement. We will not return any 
paid convenience checks to you.

Using the Convenience Check. To make a purchase, present 
your  Convenience  Check  to  any  participating  merchant.  To 
request a Cash advance, present your Convenience Check to 
us or any participating financial institution.

Reasons  Not  to  Honor  a  Convenience  Check.    We  may 
decline to honor your Convenience Check if you are over your 
credit  limit,  you  are  in  default,  your  Account  privileges  have 
been canceled, or your card has expired. A fee stated in the 
Disclosure  of  Fees  and  Charges  will  be  assessed  for  each 
convenience  check  that  is  returned  to  the  Credit  Union  for 
non-sufficient funds.

Stop  Payment  of  Convenience  Checks.  You  may  stop 
payment on a Convenience Check by notifying us in writing at 
the address shown on your monthly statement or by calling us 
at 877.254.9328. If you call, you must confirm the request in 
writing within fourteen (14) days. A written stop payment order 
will  remain  in  effect  for  six  (6)  months  and  then  it  will  lapse 
unless renewed in writing.

YOUR BILLING RIGHTS
KEEP THIS NOTICE FOR FUTURE USE
This notice contains important information about your rights 
and our responsibilities under the Fair Credit Billing Act.

Notify Us In Case of Errors or Questions About Your Bill
If you think your bill is wrong, or if you need more information about 
a transaction on your bill, write us on a separate sheet at the address 
listed on your bill. Write to us as soon as possible. We must hear from 
you no later than 60 days after we sent you the first bill on which the 
error or problem appeared. You can telephone us, but doing so will not 
preserve your rights.
In your letter, give us the following information:

•  Your name and account number.
•  The dollar amount of the suspected error.
•  Describe the error and explain, if you can, why you believe there 
is an error. If you need more information, describe the item you 
are not sure about.

If you have authorized us to pay your credit card bill automatically from 
your share account or share draft account, you can stop the payment 
on  any  amount  you  think  is  wrong.  To  stop  the  payment  your  letter 
must  reach  us  three  business  days  before  the  automatic  payment  is 
scheduled to occur.

Your  Rights  and  Our  Responsibilities  After  We  Receive  your 
Written Notice
We must acknowledge your letter within 30 days, unless we have cor-
rected the error by then. Within 90 days, we must either correct the error 
or explain why we believe the bill was correct.
After we receive your letter, we cannot try to collect any amount you 
question or report you as delinquent. We can continue to bill you for the 
amount  you  question,  including  finances  charges,  and  we  can  apply 
any unpaid amount against your credit limit. You do not have to pay any 
questioned amount while we are investigating, but you are still obligated 
to pay the parts of your bill that are not in question.
If we find that we made a mistake on your bill, you will not have to pay 
any FINANCE CHARGES related to any questioned amount. If we didn't 
make a mistake, you may have to pay FINANCE CHARGES and you 
will have to make up any missed payments on the questioned amount. 
In either case, we will send you a statement of the amount you owe and 
the date that it is due.
If you fail to pay the amount that we think you owe, we may report you 
as delinquent. However, if our explanation does not satisfy you and you 
write to us within ten days telling us that you still refuse to pay, we must 
tell anyone we reported you to that you have a question about your bill. 
And, we must tell you the name of anyone we reported you to. We must 
tell anyone we report you to that the matter has been settled between 
us when it finally is.
If  we  don't  follow  these  rules,  we  can't  collect  the  first  $50  of  the 
questioned amount even if your bill was correct.

Special Rule for Credit Card Purchases
If you have a problem with the quality of property or services that you 
purchased with a credit card, and you have tried in good faith to cor-
rect the problem with the merchant, you may have the right not to pay 
the remaining amount due on the property or services. There are two 
limitations on this right:

a)  You must have made the purchase in your home state or, if not 
within your home state, within 100 miles of your current mailing 
address; and

b)  The purchase price must have been more than $50.

These limitations do not apply if we own or operate the merchant, or if 
we mailed you the advertisement for the property or services. 

©2009  California  Credit  Union  League,  Law  Offices  of  Thomas  H.  Wolfe,  PC 
- All Rights Reserved
CU STORE  # 7018    Custom                G-10561          Orig. 11/11/09   PTD 11/09

Credit Card Disclosure and Agreement

EFFECTIVE JANUARY 1, 2010

Western Federal Credit Union
PO Box 10018
Manhattan Beach, CA 90267

CREDIT CARD AGREEMENT

NOTICE: See reverse side for important information regarding 
your rights to dispute billing errors.

In  this  Agreement,  the  words  (“you”)  and  (“your”)  mean 
the  person  or  persons  who  use  or  authorize  the  use  of, 
or  who  sign  an  application  for,  a  Western  Federal  Credit 
Union  VISA  Credit  Card.  (“Card”)  means  the  Western 
Federal Credit Union VISA Credit Card and any duplicates 
and renewals the Credit Union issues to you.  (“Account”) 
means your VISA Credit Card Line of Credit Account with 
the Credit Union. (“Credit Union”) means Western Federal 
Credit Union.

1.    Using the Account. If your application for a VISA credit 
card account is approved, Western Federal Credit Union will 
establish a line of credit for you and notify you of its amount 
when the card is sent to you. You agree not to let your account 
balance exceed your approved credit limit. Each payment you 
make on the account will restore your credit limit by the amount 
of  the  payment  which  is  applied  to  the  principal  amount  of 
purchases and cash advances.  You may also use the credit 
extended  herein  as  an  overdraft    source  for  your  Checking 
Account.   You  may  request  an  increase  in  your  credit  limit 
online, by telephone, or by written application submitted to the 
Credit Union. Western Federal Credit Union has the right to 
reduce or terminate your credit limit at any time, as permitted 
by law.
2.    Using  the  Card.  You  may  use  your  Card  to  purchase 
goods  and  services  in  person,  and  by  mail,  Internet,  or 
telephone,  from  merchants  and  others  who  accept  VISA 
Credit  Cards.  In  addition,  you  may  obtain  cash  advances 
from  the  Credit  Union,  from  other  financial  institutions  or 
select merchants participating in the VISA program and from 
automated  teller  machines  (“ATMs”),  such  as  VISA  ATM 
Network,  that  provide  access  to  the VISA  system.  (Not  all 
merchants  or  ATMs  provide  such  access.) You  will  need  to 
use your Personal Identification Number (“PIN”) to obtain a 
cash advance from an ATM.
3.    Illegal Use of VISA Credit Card.  You agree that your 
VISA  Credit  Card  Account  will  not  be  used  to  make  or 
facilitate  any  transaction(s)  that  are  or  might  be  construed 
to  be  illegal  pursuant  to  applicable  law,  rule  or  ordinance, 
including but not limited to gambling. Said use, including any 
such authorized use, will constitute an event of default under 
this  Agreement.    You  agree  that  the  Credit  Union  has  no 
liability, responsibility or culpability whatsoever for any such 
use by you or any authorized user(s).  You agree that you are 
responsible for repayment of any and all debts incurred for 
these transactions. You further agree to indemnify and hold 
the Credit Union harmless from any suits, liability, damages 
or adverse action of any kind that results directly or indirectly 
from such illegal use.
4.    Responsibility. You agree to pay all charges (purchases 
and cash advances) to your account made by you or anyone 
who  you  authorize  to  use  your  account. You  also  agree  to 
pay  all  other  charges  added  to  your  account,  pursuant  to 
Paragraph  6  below. Your  obligation  to  pay  the  amount  owed 
on  your  account  continues  until  paid  in  full  even  though  an 
agreement, divorce decree or other court judgment to which 

the Credit Union is not a party may direct someone else to pay 
the account balance. Each of you who signs the application 
for a card, or who use the account is individually and jointly 
responsible for all amounts owed on this account. 

5.    Finance Charges. In order to avoid a FINANCE CHARGE 
on purchases made since your last statement date, you must 
pay the Total New Balance shown on your statement by the 
Payment Due Date shown.  Otherwise the FINANCE CHARGE 
on  purchases  is  calculated  from  the  beginning  of  the  next 
statement  period  on  previously  billed  but  unpaid  purchases 
and on new purchases from the date they are posted to your 
account.  Cash  advances  are  always  subject  to  a  FINANCE 
CHARGE  from  the  date  they  are  posted  to  your  account. 
There is no grace period for cash advances, balance transfers, 
overdraft privilege, or Convenience Checks.

VISA Account

Your VISA Account will be subject to a FINANCE CHARGE 
(interest)  at  an  ANNUAL  PERCENTAGE  RATE  and  a 
corresponding monthly Periodic Rate which will be determined 
by your credit worthiness. The ANNUAL PERCENTAGE RATE 
and the corresponding monthly Periodic Rate will apply to both 
purchases, overdrafts, and cash advances. Please refer to the 
“VISA Card Acceptance Letter” provided to you at the time of 
approval for your ANNUAL PERCENTAGE RATE. 

Separate  FINANCE  CHARGES  for  purchases  and  cash 
advances  are  determined  by  multiplying  the  periodic  rate 
by  the  separate  average  daily  balances  for  purchases  and 
cash advances. Each average daily balance is determined by 
taking the beginning balance (of cash advances or purchases) 
in your account each day, adding any new purchases or cash 
advances  (whichever  is  applicable)  and  subtracting  any 
payments or credits. The results are the daily balances. All the 
daily balances for the statement cycle are added and the total 
is divided by the number of days in the statement cycle to arrive 
at the average daily balance for the cycle. 

If you do not agree with the terms and conditions of this 
agreement,  please  destroy  the  card  at  once  by  cutting 
it  in  half  and  mail  it  back  to  the  Credit  Union  with  your 
instructions to close the account.

Payments - Payments made to your account will be applied 
in the following order: FINANCE CHARGES; Fees; Balance-
credit purchases and Balance-cash advances. 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.

6.    Other  Charges.  The  following  Other  Charges  will  be 
added to your account, as applicable, please see the Credit 
Union’s Disclosure of Fees and Charges:

•  OVER LIMIT FEE:  You will be charged an over limit fee for 
each billing cycle that the outstanding balance on your account 
exceeds your credit limit. 

•  COPIES:  If you request a copy of any document, we may 
charge  your  account  per  copy  requested.    If  your  request  is 
related to a billing error and an error is found, we will credit any 
copying charges to your account.

•    LATE  PAYMENT  FEE:  We  reserve  the  right  to  charge  a 
late payment fee to your account each billing period that the 
minimum monthly payment is not received by 1 day after the 
payment due date.

•  NSF CHECKS:  A fee will be assessed for each VISA 
payment  check  that  is  returned  to  the  Credit  Union  for 
non-sufficient funds.

7.    Change  in  Terms;  Changing  or  Terminating  Your 
Account.  The  Credit  Union  may  change  the  terms  of  this 
Agreement, including your ANNUAL PERCENTAGE RATE, 
from  time  to  time  for  any  reason  not  inconsistent  with 
applicable law after giving you any advance notice required 
by law. Your use of the card after receiving notice of a change 
will indicate your agreement to the change. To the extent the 
law permits, and except as otherwise indicated in the notice 
to you, the change will apply to your existing account balance 
as well as to future transactions. Either the Credit Union or 
any one of you may terminate this Agreement at any time, 
but termination by you or the Credit Union will not affect your 
obligation to pay the account balance plus any finance and 
other charges you owe under this Agreement. The cards you 
receive remain the property of the Credit 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.

8.    Monthly Payment. The minimum payment is 2% of your 
Total New Balance but not less than $10, plus the amount of 
any prior minimum payments that you have not paid, unpaid 
charges,  and  any  over  limit  balances.  In  addition,  if  at  any 
time  your  Total  New  Balance  exceeds  your  credit  limit,  you 
must  immediately  pay  the  excess  upon  demand.  Subject  to 
applicable law, your payments will be applied to what you owe 
the Credit Union in any manner the Credit Union chooses.

9.    Default.   You  will  be  in  default  if  you  fail  to  make  any 
minimum  payment  or  other  required  payment  by  the  date 
that it is due. You will be in default if you break any promise 
you make under this Agreement. You will be in default if you 
die, file for bankruptcy or become insolvent, that is, unable to 
pay  your  obligations  when  they  become  due.   You  will  be  in 
default if you make any false or misleading statements in any 
credit application or credit update.  You will also be in default 
if  something  happens  which  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 immediately 
terminate this Agreement and demand immediate payment of 
your full account balance. If immediate payment is demanded, 
you will continue to pay a FINANCE CHARGES, at the periodic 
rate charged before default, until what you owe has been paid, 
and  any  shares  that  were  given  as  security  will  be  applied 
towards what you owe.  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.

10.  Lost  or  Stolen  Card  Notification.  If  you  believe  your 
credit card has been lost or stolen, or if you believe someone 
is using your card without your permission, immediately notify 
the Credit Union by calling 877.254.9328.

You  will  not  be  liable  for  unauthorized  use  that  occurs  after 
you  notify  the  Credit  Union  of  the  loss,  theft,  or  possible 
unauthorized use of the card. You agree to cooperate fully in 
any investigation the Credit Union may conduct in connection 
with the loss, theft, or possible unauthorized use of your card.

11.  Liability for Unauthorized Use. If there is unauthorized 
use on your consumer VISA Credit Card your liability will be 
zero ($0.00).  This provision limiting your liability does not apply 
to either VISA commercial cards, ATM cash disbursements, or 

non-VISA PIN-less debit transactions. Additionally, your liability 
with respect to unauthorized transactions may be greater than 
the above limit, to the extent allowed under applicable law, if 
the Credit union reasonably determines, based on substantial 
evidence, that you were grossly negligent or fraudulent in the 
handling of your account or card.

12.  Overdraft  Privilege. You  agree  that  if,  pursuant  to  any 
overdraft  privilege  on  a  Credit  Union  Checking  Account, 
there  is  an  overdraft  of  your  Checking  Account,  the  amount 
of overdraft will be added to the outstanding balance of your 
VISA  Credit  Account  subject  to  the  FINANCE  CHARGE 
set forth in paragraph 5 and will be subject to all terms and 
conditions  of  this  Agreement.  The  VISA  Account  must  be 
current  and  not  over  the  credit  limit  for  funds  to  transfer  to 
the  Checking  Account. Overdrafts  are  not  allowed  for  the 
purpose of making loan payments, including VISA payments, 
at the Credit Union, ATM or in-branch teller cash withdrawals. 
The Checking Account referred to herein is also subject to a 
separate agreement between you and the Credit Union. Where 
the terms of any other agreement between you and the Credit 
Union conflict with the terms of this agreement, the terms of 
this agreement will control.

13.  Credit  Information.  You  authorize  the  Credit  Union  to 
investigate your credit standing when opening or reviewing your 
account.  You authorize the Credit Union to disclose information 
regarding  your  account  to  credit  bureaus  and  creditors  who 
inquire about your credit standing. You are hereby notified that 
a negative credit report reflecting on your credit record may be 
submitted to a credit reporting agency if you fail to fulfill the 
terms of your credit obligations.

14.  Returns and Adjustments. Merchants and others who 
honor the card may give credit for returns or adjustments, and 
they will do so by sending the Credit Union a credit slip which 
will be posted to your account.  If your credits and payments 
exceed  what  you  owe  the  Credit  Union,  the  amount  will  be 
applied  against  future  purchases  and  cash  advances.  If  the 
amount  is  $1  or  more,  it  will  be  refunded  upon  your  written 
request or automatically after six months.

15.  Foreign Transactions.  Purchases  and  cash  advances 
made in foreign currencies will be billed to you in U.S. dollars. 
Transactions  processed  outside  of  the  United  States,  or  in 
a  foreign  currency  may  be  charged  a  foreign  transaction 
fee,  regardless  of  whether  there  is  a  currency  conversion 
associated with the transaction. The conversion rate in dollars 
will be a rate selected by VISA from a range of rates available 
in  wholesale  currency  markets  for  the  applicable  Central 
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 in each instance, plus 
the percentage point fee as stated on the Disclosure of Fees 
and Charges charged by the Issuer.

16.  Merchant Disputes.  The Credit Union is not responsible 
for the refusal of any merchant or financial institution to honor 
the card.  The Credit Union is subject to claims and defenses 
(other than tort claims) arising out of goods or services you 
purchase with the card if you have made a good faith attempt 
but have been unable to obtain satisfaction from the merchant 
or  service  provider,  and  (a)  your  purchase  was  made  in 
response  to  an  advertisement  the  Credit  Union  sent  or 
participated in sending to you; or (b) your purchase cost more 
than $50 and was made in your state or within 100 miles of 
your home.