F&A FEDERAL CREDIT UNION 

IMPORTANT RETAIN FOR YOUR RECORDS  

VISA CREDIT CARD AGREEMENT 
AND FEDERAL TRUTH-IN-LENDING DISCLOSURE STATEMENT:   
PART 2 OF 2 

EFFECTIVE: APRIL, 16, 2016  

 
 
 
 
 
 
 
 
 
 
In this Visa Credit Card Agreement and Federal Truth-In-Lending Disclosure Statement 
(“Agreement”)  the  words  YOU,  YOUR,  and  YOURS  mean  each  and  all  of  those  who 
apply  for or  use the  Card  and/or  VISA  Credit  Card  Account.  WE,  US,  and  OUR  mean 
F&A  FEDERAL CREDIT UNION. CARD  means the  Premier Low Rate Visa, Premier 
Rewards Visa, Traditional Visa, Collegiate Visa, Premier Visa and/or Visa Classic issued 
to you and any duplicates and renewals we may issue. ACCOUNT means your  Premier 
Low Rate Visa, Premier  Rewards Visa, Traditional Visa, Collegiate Visa,  Premier Visa 
and/or Visa Classic Account with us.  

By requesting and receiving, signing, using, or permitting others to use the Card and/or 
Account  issued to you  by us,  you agree to be bound  by the terms  and conditions as set 
forth herein and any amendments thereto. 

NOTICE:  THIS  DOCUMENT  CONTAINS  PROVISIONS  FOR  A  VARIABLE 
ANNUAL PERCENTAGE (INTEREST) RATE. 

AUTHORIZATION  AND  PAYMENT:  You  authorize  us  to  pay  and  charge  your 
Account  for  all  Purchases,  Balance  Transfers  and  Cash  Advances  made  or  obtained  by 
you or anyone you authorize to use your Card or Account. You will be obligated to pay 
all  such  Purchases,  Balance  Transfers  and  Cash  Advances  charged  to  your  Account 
whether  resulting  from:  (1)  actual  use  of  your  Card  or  Convenience  Checks;  (2)  mail 
order or telephone, computer, or other electronic Purchases, Balance Transfers and Cash 
Advances  made without presenting the  Card; (3) an  advance on  your  Account resulting 
from an overdraft created on your checking account; or (4) any other circumstance where 
you  authorize  a  charge,  or  authorize  someone  else  to  make  a  charge,  to  your  Account 
(collectively,  “authorized  charges”).  You  promise  to  pay  us  or  to  our  order  in  U.S. 
Dollars  with  an  instrument  drawn  on  a  financial  institution  in  the  United  States  at  our 
office or at the address set forth on your periodic statement all authorized charges on the 
terms and at the rates set forth herein, plus any  FINANCE CHARGES assessed on your 
Account, and any other charges and fees which you may owe us under the terms of this 
Agreement  (the  “Account  Balance”).  You  must  continue  to  make  payments  until  you 
have paid the Account Balance in full. 

CHANGE OF TERMS: Account and agreement terms are not guaranteed for any period 
of  time.  You  understand  and  agree  that  we  may  amend,  modify,  add  to, or  delete  from 
this  Agreement  any  of  its  terms  and  conditions,  including  financial  terms  such  as  the 
method of application and the amount of any INTEREST CHARGE, Transaction Fee, or 
other  FINANCE  CHARGE,  ANNUAL  PERCENTAGE  RATE,  monthly  periodic  rate 
and/or fee in accordance with applicable laws. If required by applicable law, we will mail 
a notice of the change to you at your last known address or, if you have agreed to receive 
notices from us electronically, will be delivered to you in an electronic format. You also 
understand that in the event of a significant change in account terms, as defined under the 
Federal Truth-in-Lending Act, any such notice will be mailed or electronically delivered 
at least forty-five (45) days prior to the effective date of the significant change in account 
terms as required by applicable law. If we are required by applicable law to provide you a 
right  to  reject  significant  changes  to  this  Agreement  prior  to  the  effective  date  of  such 
changes,  we  will  provide  you  with  an  explanation  of  how  to  reject  the  significant 
changes,  unless  you  fail  to  make  a  required  minimum  payment  within  sixty  (60)  days 
after its due date. We  may change the terms of this  Agreement based on  information  in 
your credit report, market conditions, business strategy or for any other reason. Notice of 
a change in terms is required, but may be sent as late as the effective date of the change 
where the change has been agreed to in writing by you. 

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INTEREST RATES AND INTEREST CHARGES:  You understand that a portion of 
your FINANCE CHARGES incurred during a billing cycle will include your INTEREST 
CHARGES  incurred  during  that  billing  cycle.  The  INTEREST  CHARGE  for  a  billing 
cycle will be calculated by applying your Monthly Periodic Rate to your Average Daily 
Balance. You understand and agree that under the “Change of Terms” section above, we 
have the right in our sole and absolute discretion to change the amount of any  ANNUAL 
PERCENTAGE  RATE,  Monthly  Periodic  Rate  and/or  INTEREST  CHARGE  that  may 
apply to your Account, subject to applicable law.  

VISA  VARIABLE  RATE  PROGRAM  –  HOW  WE  CALCULATE  YOUR 
MONTHLY  PERIODIC  INTEREST  CHARGE,  MONTHLY  PERIODIC  RATE, 
AND  ANNUAL  PERCENTAGE  RATE  FOR  PURCHASES,  CASH  ADVANCES 
AND BALANCE TRANSFERS: Our VISA program  is a  variable rate program.  What 
this means is that your ANNUAL PERCENTAGE RATE may increase or decrease on a 
monthly basis while you maintain your Account with us. The ANNUAL PERCENTAGE 
RATE  that  applies  to  your  Account  may  vary  with  changes  to  the  Prime  Rate.  The 
“Prime Rate”  is the  highest (U.S.) Prime Rate published  in the  Money Rates section of 
The Wall Street Journal (the “Index”). The Prime Rate is merely a pricing index. It is not 
the  lowest  or  the  best  interest  rate  available  to  a  borrower  at  any  particular  financial 
institution at any given time. If The Wall Street Journal stops publishing the Prime Rate, 
we  will  select  a  similar  reference  rate  and  inform  you  on  your  billing  statement  or 
through  a  separate  notice.  We  calculate  your  ANNUAL  PERCENTAGE  RATE  for 
Purchases, Cash Advances and Balance Transfers by adding an amount (the “Margin”) as 
set forth in the RATE TABLE to the Index in effect as of the first (1st) business day of the 
month  preceding  the  month  of  your  “Adjustment  Date”  (defined  below).  A  “business 
day”  is any day that  is  not a weekend or federal  holiday. The  Monthly Periodic Rate  is 
determined  by  dividing  the  ANNUAL  PERCENTAGE  RATE  by  12  and  will  change 
when  the  ANNUAL  PERCENTAGE  RATE  changes.  The  amount  of  the  Margin,  the 
initial Index, the initial Monthly Periodic Rate and the initial ANNUAL PERCENTAGE 
RATE in effect as of the date of this Agreement are set forth in the RATE TABLE. Your 
ANNUAL  PERCENTAGE  RATE  is  subject  to  change  monthly  on  the  first  day  of  the 
new  billing  cycle  based  on  an  increase  or  decrease  in  the  Index.  These  dates  shall  be 
known as “Adjustment Dates.”  For example, the Index in effect on February 1 st shall be 
used to calculate the ANNUAL PERCENTAGE RATE change effective on the first day 
of  the  new  billing  cycle  for  February  of  the  same  year.  All  other  Adjustment  Date  rate 
changes will follow the same pattern.   

We  may  waive  an  increase  in  the  ANNUAL  PERCENTAGE  RATE  when  such  an 
increase can be made, but such a waiver shall not be construed as a waiver of our right to 
increase the ANNUAL PERCENTAGE RATE at a future date when entitled to do so. 

The  maximum  ANNUAL  PERCENTAGE  RATE  during  the  term  of  this  Agreement  is 
eighteen percent (18.00%). The  minimum  ANNUAL PERCENTAGE RATE during the 
term  of  this  Agreement  is  6.90%.  The  initial  rate  you  receive  when  you  open  your 
account is based on your creditworthiness and may be higher than listed here. After that, 
your APR will vary with the market based on the Prime Rate. 

There are no annual (or other) limitations on changes  in the  ANNUAL PERCENTAGE 
RATE during the term of this Agreement.  Decreases  in the  ANNUAL PERCENTAGE 
RATE  in  accordance  with  the  terms  of  this  Agreement  are  mandatory.  Increases  in  the 
ANNUAL PERCENTAGE RATE in accordance with the terms of this Agreement are at 
our  discretion.  Any  increase  or  decrease  in  the  ANNUAL  PERCENTAGE  RATE  will 

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result in changes in the amount and/or number of payments required to repay the unpaid 
balance. 

Each change in the ANNUAL PERCENTAGE RATE and Monthly Periodic Rate which 
is the result of an increase or decrease in the Index will apply to any balance outstanding 
on the effective date of such change as well as to future Purchases and Advances.  

RATE TABLE  

*Initial 
ANNUAL 
PERCENT- 
AGE 
RATE 

Initial 
Monthly 
Periodic 
Rate 

Margin 

Initial 
Index 

Purchases/Cash 
Advances  and 
Balance 
Transfers 
6.90% 
*The  initial  ANNUAL  PERCENTAGE  RATE  is  subject  to  the  minimum  ANNUAL 
PERCENTAGE RATE disclosed above.   

1.90%  3.50% 

0.57500% 

TRANSACTION  FEES:  You  understand  that,  in  addition  to  INTEREST  CHARGES 
incurred  during  a  billing  cycle  another  portion  of  your  FINANCE  CHARGES  incurred 
during  a  billing  cycle  may  include  Transaction  Fees  incurred  during  that  billing  cycle. 
You understand and agree that under the “Change of Terms” section above, we have the 
right in our sole and absolute discretion to change the amount of any Transaction Fee that 
may  apply  to  your  Account,  in  accordance  with  applicable  law.  Your  Transaction  Fees 
for  a  billing  cycle  include  the  Foreign  Transaction  Fee.  International  Purchases,  Cash 
Advances, and credit transactions are subject to a Foreign Transaction Fee of 1% of the 
amount  of  the  Purchase,  Cash  Advance,  or  credit  transaction  which  is  posted  to  the 
Account  during  the  billing  cycle,  regardless  of  whether  the  international  transaction 
requires a currency conversion.  Transaction Fees and other fees  for a billing cycle will 
be shown on your periodic statement. 

CREDIT INFORMATION: At our request, you will update the credit information that 
you  have  provided  to  us.  You  authorize  us  to  investigate  your  credit  standing  when 
opening,  renewing,  or  reviewing  the  Account,  and  you  authorize  us  to  disclose 
information regarding the Account to credit bureaus and other creditors who inquire of us 
about your credit standing to the extent authorized by law. If you question the accuracy of 
our reported information to a credit reporting agency, you must write to us at the address 
listed  on  your  periodic  statement  with  a  description  of  your  dispute.    You  agree  to 
provide us with a copy of the credit report in question.   

HOW  TO  COMPUTE  THE  PURCHASE  BALANCE,  CONSISTING  OF 
TRANSACTIONS  RELATED  TO  PURCHASES  OF  GOODS  AND  SERVICES 
AND  UPON  WHICH  PERIODIC  INTEREST  CHARGES  ARE  ASSESSED: 
Average Daily Balance (including new purchases). 

The  periodic  INTEREST  CHARGES  for  a  billing  cycle  are  computed  by  applying  the 
Monthly Periodic Rate to the Average Daily Balance of Credit Purchases (including new 
Purchase  transactions).  To  get the  Average  Daily  Balance  of  Purchase  transactions,  we 
take the beginning balance of Purchase transactions on your Account each day, add any 
new Purchases, and subtract any payments or credits, and unpaid INTEREST CHARGES 
and  other  FINANCE  CHARGES.  This  gives  us  the  daily  balance  of  Purchase 

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transactions.  Then,  we  add  up  all  the  daily  balances  of  Purchase  transactions  for  the 
billing cycle and divide the total by the number of days in the billing cycle. This gives us 
the  Average  Daily  Balance  of  Purchase  transactions.  You  have  at  least  a  21-day  grace 
period  from  the  close  of  each  billing  cycle  to  pay  the  New  Balance  of  Purchase 
transactions  without  incurring  additional  INTEREST  CHARGES  provided  that  either:  
(1) we received payment in full of the ending balance for the previous billing cycle by the 
Payment Due Date disclosed  in the periodic  statement  for the previous  billing cycle; or 
(2) the ending balance of the previous billing cycle was $0. If you have a grace period to 
pay the New Balance for any billing cycle, and do not pay the New Balance in full during 
this  grace  period,  INTEREST  CHARGES  will  be  assessed  on  any  portion  of  the  New 
Balance  not  paid  during  the  grace  period  using  the  Average  Daily  Balance  method  as 
explained above. The Payment Due Date disclosed on each periodic statement provided 
to you is the last day of your grace period for that statement’s billing cycle. 

HOW  TO  COMPUTE  THE  CASH  ADVANCES  BALANCE  (CONSISTING  OF 
TRANSACTIONS  RELATED  TO  CASH  AND  OTHER  ADVANCE 
TRANSACTIONS)  UPON  WHICH  PERIODIC  INTEREST  CHARGES  ARE 
ASSESSED:  Average  Daily  Balance  (including  new  cash  advances).  The  periodic 
INTEREST  CHARGES  for  a  billing  cycle  are  computed  by  applying  the  Monthly 
Periodic  Rate  to  the  Average  Daily  Balance  of  Cash  Advances  (including  new  Cash 
Advances). To get the Average Daily Balance of Cash Advance transactions, we take the 
beginning balance of Cash Advance transactions on your Account each day, add any new 
Cash Advances, and subtract any payments or credits and unpaid INTEREST CHARGES 
and  other  FINANCE  CHARGES.  This  gives  us  the  daily  balance  of  Cash  Advance 
transactions. Then, we add up all the daily balances of Cash Advance transactions for the 
billing cycle and divide the total by the number of days in the billing cycle. This gives us 
the Average Daily Balance of Cash Advance transactions.  

There  is no grace period in order to avoid the  imposition of INTEREST CHARGES on 
Cash Advances. Cash advance transactions include ATM withdrawals; Visa Convenience 
Checks, online funds transfers, telephonic funds transfers, and in person Cash Advances 
at a financial institution’s branch from the Account. 

HOW  TO  COMPUTE  THE  BALANCE  TRANSFER  BALANCE  UPON  WHICH 
PERIODIC  INTEREST  CHARGES  ARE  ASSESSED:    Average  Daily  Balance 
(including  new  balance  transfers).  The  periodic  INTEREST  CHARGES  for  a  billing 
cycle are computed by applying the Monthly Periodic Rate to the Average Daily Balance 
of  Balance  Transfers  (including  new  Balance  Transfers).  To  get  the  Average  Daily 
Balance  of  Balance  Transfer  transactions  we  take  the  beginning  balance  of  Balance 
Transfer  transactions  on  your  Account  each  day,  add  any  new  Balance  Transfer 
transactions,  and  subtract  any  payments  or  credits,  and  unpaid  INTEREST  CHARGES 
and  other  FINANCE  CHARGES.  This  gives  us  the  daily  balance  of  Balance  Transfer 
transactions. Then, we add up all the daily balances of Balance Transfer transactions for 
the billing cycle and divide the total by the number of days in the billing cycle. This gives 
us the Average Daily Balance of Balance Transfer transactions. There is no grace period 
in order to avoid the imposition of INTEREST CHARGES on Balance Transfers.   

This determines your total INTEREST CHARGE for the billing cycle. The combination 
of  periodic  INTEREST  CHARGES  and  Foreign  Transaction  Fees  will  not  exceed  the 
ANNUAL  PERCENTAGE  RATE  permitted  under  applicable  law.  Actual  INTEREST 
CHARGES will be shown on your periodic statement. 

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MINIMUM  PAYMENT:  For  Traditional  Visa,  Collegiate  Visa  and  Visa  Classic: 
Every  month,  you  must  pay  at  least  the  Minimum  Payment  Due  by  the  Payment  Due 
Date shown on your periodic statement.  By separate agreement, you may authorize us to 
automatically  transfer  the  Minimum  Payment  Due  from  your  Credit  Union  share  or 
checking  account.  You  may;  of  course,  pay  more  frequently,  pay  more,  or  pay  the 
Account  Balance  in  full,  and  you  will  reduce  your  periodic  INTEREST  CHARGE  by 
doing so. The Minimum Monthly Payment due will  be either: (a) three percent (3%) of 
your Account Balance or $20, whichever is greater; or (b) your Account Balance if it is 
less than $20.  In addition, you must pay any amount on your periodic statement listed as 
past  due  and  any  late  charge.  Lastly,  at  any  time  your  Account  Balance  exceeds  your 
Credit Limit, you must pay the excess amount over your Credit Limit. 

MINIMUM  PAYMENT:  For  Premier  Low  Rate  Visa,  Premier  Rewards  Visa  and 
Visa  Premier:  Every  month,  you  must  pay  at  least the  Minimum  Payment  Due  by  the 
Payment Due Date shown on  your periodic  statement. By separate agreement, you  may 
authorize  us  to  automatically  transfer  the  Minimum  Payment  Due  from  your  Credit 
Union share or checking account. You may; of course, pay more frequently, pay more, or 
pay the Account Balance in full and you will reduce your periodic INTEREST CHARGE 
by doing so. The Minimum Monthly Payment due will be either: (a) two percent (2%) of 
your Account Balance or $20, whichever is greater; or (b) your Account Balance if it is 
less than $20. In addition, you must pay any amount on your periodic statement listed as 
past  due,  and  any  late  charge.  Lastly,  at  any  time  your  Account  Balance  exceeds  your 
Credit Limit, you must pay the excess amount over your Credit Limit. 

You  understand  and  agree  that  any  Minimum  Monthly  Payment  made  by  you  will  be 
applied  in  the  following  order:  (a)  INTEREST  CHARGES,  Late  Charges,  unpaid 
exclusions;  (b)  Interest  Charges,  Late  Charges,  current  exclusions;  (c)  outstanding 
balances of Cash  Advances, Balance Transfers and Purchases previously  billed; and (d) 
current Cash Advances, Balance Transfers and Purchases. If two or more transactions are 
posted on the same day, your payment will be applied first to the smaller of them.  Any 
payment  you make  in excess of the Minimum Monthly Payment will  be applied  first to 
the  balances  subject  to  the  highest  ANNUAL  PERCENTAGE  RATE  and  then  to 
balances  subject  to  lower  ANNUAL  PERCENTAGE  RATES,  in  descending  order  of 
ANNUAL  PERCENTAGE  RATES  until  all  balances  subject  to  an  ANNUAL 
PERCENTAGE RATE are paid in full. Thereafter, we will apply all payments in excess 
of  the  Minimum  Monthly  Payment,  if  applicable,  in  the  same  order  as  we  apply  the 
Minimum Monthly Payment.  

PREPAYMENT  OR  IRREGULAR  PAYMENTS:  Though  you  need  only  pay  the 
Minimum Payment Due,  you understand that  you have the right to repay  your  Account 
Balance at any time without penalty. You also understand and agree that you will only be 
charged INTEREST CHARGES to the date you repay your entire Account Balance. 

You may make larger payments without penalty and this may reduce the total amount of 
INTEREST CHARGES that you will repay. If you pay more than the Minimum Payment 
Due in any month and there is still a balance due, you  must continue to make Minimum 
Payments  in  future  months.  Any  partial  payment  of  your  Account  Balance  will  not 
advance your next payment due date(s). You understand and agree that any payment that 
(a) delays or (b) accelerates the repayment of your Account  Balance will (a) increase or 
(b) decrease your Monthly Periodic INTEREST CHARGE. Credits from merchants may 
not be applied to the Minimum Payment Due. 

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PAYMENTS  BY  AUTOMATIC  TRANSFER:  If  you  request  payment  by  automatic 
transfer,  you  understand  and  agree  that  no  payment  can  or  will  be  made  if  there  are 
insufficient or uncollected funds in the designated share or checking account to make the 
scheduled loan payment. Should this event occur, you understand and agree that you will 
not  be  released  from  making  the  payment.  Any  automatic  transfer  you  have  requested 
will remain in effect until you cancel it in writing or the Account Balance is paid in full.  
We may cancel this service at our discretion. 

RECURRING PAYMENTS: The use of your Account to make preauthorized electronic 
recurring  bill  payments  constitutes  an  Electronic  Fund  Transfer.  You  may  be  able  to 
place a stop payment on a preauthorized electronic recurring bill payment in accordance 
with the terms of our Electronic Services and Wire Transfers Disclosure and Agreement 
with  you.  Any  such  stop payment order is subject to a Stop Payment Fee  for each stop 
payment order you give as set forth on our current Schedule of Fees and Charges. A stop 
payment/revocation order does not release you from the obligation to pay for goods and 
services purchased from merchants. 

CREDIT LIMIT: Your Account has a Credit Limit that is established by us.   We may 
increase  or  decrease  your  Credit  Limit  at  any  time  and  we  may  notify  you  of  such 
increase or decrease by mail or through a statement sent to the primary Accountholder’s 
address of record, in accordance with applicable legal requirements. If you object to any 
Credit Limit increase, you must notify us immediately orally, in writing, or electronically. 
You or your joint applicant for the Account may request an increase to the Credit Limit 
orally,  in  writing,  or  electronically,  but  any  such  request  must  be  approved  by  us.  Any 
request from  you or  your  joint applicant to reduce or suspend the Credit  Limit  must be 
submitted in writing. If your Credit Limit is increased, you are immediately responsible 
for the  new Credit  Limit and any  increase  in the  Account Balance even when  it differs 
from  an  amount  previously  agreed  to orally  or  in  writing.  Purchases  and  Advances  are 
subject to daily limits that may restrict the full use of your available Credit Limit. 

RETURNED  PAYMENT  FEE:  If  a  payment  that  was  applied  to  your  Account  is 
returned  to  us  unpaid  for  any  reason,  you  will  be  charged  a  Returned  Payment  Fee  of 
$5.00. However, the Returned Payment Fee will not exceed the Minimum Payment Due 
on the last Payment Due Date before the payment is returned.     

LATE  PAYMENT  FEE:  You  will  be  charged  a  Late  Payment  Fee  of  $20.00  if  the 
Minimum  Payment  Due  is  not  received  by  the  Payment  Due  Date.    However, the  Late 
Payment Fee will not exceed the Minimum Payment Due. 

REPLACEMENT  CARD  FEE:    Except  as  prohibited  by  applicable  law,  you  may  be 
charged a Replacement Card Fee as set forth in our current Schedule of Fees and Charges 
for all cards issued other than the standard re-issue card or for imprinting errors.  

RUSH CARD FEE: You will be charged a fee per card or PIN for all rush orders as set 
forth in our current Schedule of Fees and Charges. 

DOCUMENT FEE: If a copy of any periodic statement, sales draft or similar document 
is provided by us at your request (other than in connection with a billing error inquiry), a 
Document  Fee  may  be  imposed  by  us  on  your  Account  as  set  forth  on  our  current 
Schedule of Fees and Charges. 

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PROMOTIONAL RATE OFFERS:  From time to time and at our discretion, we may 
offer  you  a  promotional  ANNUAL  PERCENTAGE  RATE  for  all  or  any  part  of  your 
Account Balance, Balance Transfer or future transactions. The period of time for which 
the  promotional  ANNUAL  PERCENTAGE  RATE  applies  may  be  limited.  Any 
applicable  promotional  ANNUAL  PERCENTAGE  RATE,  the  corresponding  periodic 
rates, and the period of time during which they are in effect will appear on the offer. Any 
promotional rate offer will be subject to the terms of the offer and this Agreement.   

SIGNATURE REQUIREMENT: In order for your Card to be valid, you must sign and 
activate the Card as soon as you receive it. 

USING  THE  CARD:  You  may  use  your  Card  to  make  Purchases  or  request 
Advances  in  accordance  with  current  policies,  up  to  your  Credit  Limit.  To  make  a 
Purchase or obtain an Advance, there are two alternative procedures to be followed.  One 
is for you to present the Card or Card number to a participating Visa plan merchant, to us, 
or  to  another  financial  institution,  and  sign  or  authorize  a  Purchase  or  Cash  Advance 
draft.    The  other  is  to  complete  the  transaction  by  using  your  Personal  Identification 
Number  (PIN)  in  conjunction  with  the  Card  in  an  Automated  Teller  Machine  or  other 
type of electronic terminal that provides access to the Visa system. 

Your  Card  and/or  Account  may  not  be  used  directly  or  indirectly  for:  (1)  any  illegal 
activity  or  transaction;  or  (2)  any  gambling,  gaming,  betting,  or  similar  activity  or 
transaction. 

Further, you may not utilize your Card and/or Account for the purchase of any goods or 
services on the Internet that involve gambling, gaming, betting, or any similar transaction 
or activity. 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/checks 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. 

ELECTRONIC  FUND  TRANSFER:  In  the  event  a  use  of  the  Card  or  the  Account 
number of the Card constitutes an Electronic Fund Transfer, the terms and conditions of 
our  Electronic  Services  and  Wire  Transfers  Disclosure  and  Agreement  with  you  shall 
govern  such  transactions  to  the  extent  the  Electronic  Services  and  Wire  Transfers 
Disclosure and Agreement expands or amends this Agreement.     

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.   

DEFAULT:  You  will  be  in  default  if:  (1)  You  do  not  pay  on  time  or  in  the  proper 
amount(s);  (2)  You  fail  to  live  up  to  any  of  the  terms  of  this  Agreement;  (3)  Your 
creditworthiness  is  impaired;  or  (4)  You  die,  become  insolvent,  or  are  the  subject  of 
bankruptcy or receivership proceedings. In the event of any action by us to enforce this 
Agreement,  you  agree  to  pay  the  costs  thereof,  reasonable  attorneys’  fees,  and  other 
expenses.  You  understand  and  agree  that  INTEREST  CHARGES  at  the  ANNUAL 
PERCENTAGE RATE as permitted under this Agreement and Disclosure Statement will 
continue to accrue until you repay your entire Account Balance. 

CFPB: 04/16 

8 

ACCELERATION AND COLLECTION COSTS:  Upon your default, you understand 
and  agree  that  we  have  the  right  to  temporarily  or  permanently  suspend  any  and  all 
Account and Card privileges and/or we may demand immediate payment of the Account 
Balance,  including  INTEREST  CHARGES,  Transaction  Fees,  and  other  FINANCE 
CHARGES,  late charges, and our collection costs, reasonable attorneys’  fees, and court 
costs (collectively, “collection-related charges”). You understand and agree that you will 
be  subject  to  INTEREST  CHARGES  (at  the  applicable  Monthly  Periodic  Rate), 
Transaction  Fees,  and  other  FINANCE  CHARGES,  late  charges,  and  collection-related 
charges under the terms disclosed in this Agreement, until you repay your entire Account 
Balance. 

RESPONSIBILITY: You agree to repay us according to the terms of this Agreement for 
all Purchases, Advances, INTEREST CHARGES, Transaction Fees, and other FINANCE 
CHARGES, and late charges (if any) arising from the use of the Account by you or any 
other person you permit to use the Account, even if that person exceeds your permission. 
You cannot disclaim responsibility by notifying us, although we will close the Account if 
you so request and you will return all Cards to us.  

Your  obligation  to  pay  the  Account  Balance  continues  even  though  an  agreement, 
divorce decree, or other court judgment to which we are not a party may direct you or one 
of the other persons responsible to pay the Account.  

Any person using the Account and/or Card is jointly and severally responsible with you 
for charges he or she makes; but if that person signs the Card, he or she becomes a party 
to this Agreement and is also responsible for all charges on the Account, including yours.  

The Cards remain our property and you must recover and surrender to us all Cards upon 
our request and/or upon termination of this Account. 

UNAUTHORIZED  USE:  If  you  become  aware  of  the  loss  or  theft  of  your  Card  or  a 
possible unauthorized use of your Card and/or Account, you should call 800 222-1226 or 
800 682-6075 or write to us immediately at: 

2625 Corporate Place, Monterey Park, CA 91754 
You will not be liable for any unauthorized use that occurs after you notify us. You may, 
however, be liable for unauthorized use that occurs before your notice to us. In any case, 
your  liability  will  not  exceed  $50.  Your  liability  may  be  lower  in  cases  of  Visa  Card 
fraud  in  accordance  with  current  Visa  U.S.A.,  Inc.  Operating  Rules.    Claims  of 
unauthorized  use  can  be  made  only  in  connection  with  posted  and  settled  transactions.  
You agree to reasonably cooperate with our investigation into any claims of unauthorized 
use, including but not limited to, providing us with all requested information supporting 
your claim.   

PLEDGE  OF  SHARES:  If  you  have  signed  a  separate  Share  Pledge  Agreement,  you 
understand and agree that you are pledging, under the Uniform Commercial Code, shares 
now  on  deposit  in  your  regular  share  account(s).  You  understand  that  you  must,  at  all 
times, keep a sum equal to your Credit Limit on  deposit in the designated regular share 
account(s) identified on the Share Pledge Agreement until you repay your entire Account 
Balance  and  the  Account  is  terminated.  You  understand  and  agree  that  this  security 
interest will cover future Purchases and Advances under this Agreement.  If you default, 
we  may  apply  these  shares  to  repay  your  loan  in  accordance  with  federal  or  other  law. 
You  understand  that the  ANNUAL  PERCENTAGE  RATE  quoted  above  does  not take 
into account the amount pledged in your designated regular share account(s). 

CFPB: 04/16 

9 

INACTIVE ACCOUNT: If  your Account does not have any activity  for eighteen (18) 
consecutive  months,  it  will  be  considered  an  inactive  account  and  your  ability  to  take 
advances  against  your  Credit  Limit  may  be  suspended.  If  your  Account  is  inactive  for 
twenty-four (24) consecutive months, we may close it. 

TERMINATION:  We  may  terminate  this  Agreement  upon  your  default.  Either  you  or 
we may terminate this Agreement for other good cause. In no event shall any termination 
relieve  you of  your obligation to repay the entire Account Balance. You agree to return 
all the Cards issued to you or any party designated by you.  

PERIODIC  BILLING  STATEMENTS:  Your  Card  or  other  Account  activity  will  be 
reflected on the Periodic Billing Statement (Statement). Your Statement will identify the 
merchant,  electronic  terminal,  or  financial  institution  at  which  transactions  were  made, 
but  sales,  cash  advance,  paid  Convenience  Checks,  credit,  or  other  slips  cannot  be 
returned with the Statement. You agree to retain  the copy of such  slips  furnished at the 
time of the transaction in order to reconcile your Statement. If you request a copy of any 
sales  draft  or  similar  document,  a  fee  may  be  imposed  by  us  in  accordance  with  our 
Schedule of Fees and Charges. This fee will not be imposed, however, if it was requested 
in connection with a billing error. Statements will be mailed or delivered electronically if 
you  have  agreed  to  receive  notices  from  us  electronically  only  to  the  address  of  the 
person named first on the Account.   

AUTHORIZATIONS: Most transactions require approval of funds. Approvals result in 
placing  a  hold  against  your  Credit  Limit.  We  may  limit  the  number  or  amount  of 
approvals  or  Purchases  and  Advances  per  day  or  deny  transactions  when  we  detect 
unusual  or  suspicious  activity,  even  if  you  have  sufficient  credit  available.  We  are  not 
liable  for  failing to approve any transactions and we  may, although we are not required 
to, approve transactions above your available Credit Limit. 

PLAN  MERCHANT  DISPUTES:  We  are  not  responsible  for  the  refusal  of  any  plan 
merchant  or  financial  institution  to  honor  the  Account  and/or  Card.  We  are  subject  to 
claims and defenses (other than tort claims) arising out of goods or services you purchase 
with the Card only if you have made a good faith attempt but have been unable to obtain 
satisfaction  from  the  plan  merchant,  and  (a)  your  purchase  was  made  in  response  to  an 
advertisement we sent or participated in sending you; or (b) your purchase cost more than 
$50.00  and  was  made  from  a  plan  merchant  in  your  state  or  within  100  miles  of  your 
current  mailing  address.  Any  other  dispute  you  must  resolve  directly  with  the  plan 
merchant. If you dispute a charge with a merchant, we may, at our discretion, credit your 
Account for all or part of the disputed charge. If we do so, you assign and transfer to us 
all  rights  and  claims  (excluding  tort  claims)  against  the  merchant.    You  agree  that  you 
will  not  pursue  any  claim  against  the  merchant  for  the  credited  amount,  and  you  must 
cooperate with us if we decide to do so. 

FOREIGN  TRANSACTIONS:  Purchases,  cash  advances  and  credits  made  in  foreign 
currencies will be billed to your Account in U.S. dollars. The conversion to U.S. dollars 
will  be  made  in  accordance  with  the  Visa  operating  regulations  for  international 
transactions. You  understand  and  agree  that  a  Foreign  Transaction  Fee  of  1%  for 
international transactions will be added to the amount of the Purchase, Cash Advance or 
credit, regardless of whether the international transaction requires a currency conversion. 
In  the  event  that  an  international  transaction  is  converted  to  U.S.  dollars,  the  exchange 
rate  between  the  transaction  currency  and  the  billing  currency  used  for  processing 
international  transactions  will  be:  (1)  a  rate  selected  by  Visa  from  the  range  of  rates 
available in wholesale currency markets for the applicable central processing date, which 

CFPB: 04/16 

10 

rate may vary from the rate Visa itself receives; or (2) the government-mandated rate in 
effect  for  the  applicable  central  processing  date.  The  rate  in  effect  on  the  applicable 
processing date may differ from the rate in effect on the date you used your Card.  When 
a credit to the Account does not fully offset a charge to the Account due to changes in the 
rate, you are responsible for the difference.  

RETURNS  AND  ADJUSTMENTS:  Merchants  and  others  who  honor  the  Account 
and/or Card may give credit for returns or adjustments, and they will do so by sending us 
a credit slip, which we will post to the Account. If a credit fails to post to your Account, 
you  may request our help  in  having the  credit applied to your Account by sending us  a 
copy of the credit slip issued by the merchant. You have the sole responsibility to obtain 
written proof of credit and to retain  copies of credit receipts until the credit  is properly 
applied to your Account. If your credits and payments exceed what you owe us, we will 
hold and apply this credit balance against future Purchases and Cash Advances, or if it is 
$1.00 or more, refund it on your written request or automatically after six (6) months. 

SURRENDER OF CARD(S):  The Card(s) remains our property and, if we request, you 
must surrender to us all Card(s) we have issued on the Account. 

LOST  OR  STOLEN  CARD  OR  CONVENIENCE  CHECKS,  NOTIFICATION 
AND LIABILITY: You will notify us AT ONCE if you believe that your Card, Account 
number, PIN, Convenience Checks or any combination of the four has been lost or stolen 
by immediately calling us at (323) 268-1226 or toll free at (800) 222-1226.  For 24-hour 
card service, call (800) 682-6075.  Telephoning is the best way of keeping your possible 
losses down. You understand that your total liability to us shall not exceed $50.00 for any 
Account and/or Card transactions resulting from the loss, theft, or other unauthorized use 
of  the  Account  and/or  Card  that  occurs  prior  to  the  time  you  give  notice  to  us.  Such 
liability  does  not  apply  when  the  Account  and/or  Card  is  used  to  make  an  electronic 
transfer. 

PAYMENTS MARKED “PAID IN FULL”: We may accept checks, money orders, or 
other types of payment marked “payment in full” or using other language to indicate full 
satisfaction  of  any  indebtedness  without  being  bound  by  such  language  or  waiving  any 
rights  under  this  Agreement.  Full  satisfaction  of  indebtedness  shall  be  accepted  by  us 
only in a written agreement, signed by an authorized representative. 

AUTOMATIC  OVERDRAFT  AUTHORIZATION:  By  having  an  Account,  you  are 
automatically  enrolled  in  the  Account’s  automatic  overdraft  protection  program.  What 
that  means  is  we  may  clear  any  overdrafts  from  your  checking  account  by  an  advance 
from your Account in the amount of the overdraft, subject to the terms of this Agreement. 
If  there  are  not  sufficient  funds  available  for  overdraft  protection,  your  checks  may  be 
returned unpaid. All overdrafts are treated as cash advances. 

CHANGING  BENEFITS:  We  have  the  right  to  add,  modify  or  delete  any  benefit, 
service or feature of your Account at our discretion. 

ASSIGNING  THIS  AGREEMENT:  We  may  sell,  transfer  or  assign  this  Agreement 
and your Account. We may do so at any time without notifying you.  You may not sell, 
assign or transfer your Account or any of your obligations under this Agreement. 

TELEPHONE MONITORING:  We  may  listen  to and record telephone calls  between 
you and us for the purpose of improving the quality of service you receive. 

DELAY  IN  ENFORCEMENT:  We  can  delay  enforcing  any  of  our  rights  under  this 
Agreement without losing them. 

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GOVERNING  LAW:  You  understand  and  agree  that  this  Agreement  is  made  in 
California and shall be governed by the laws of the State of California to the extent that 
California  law  is  not inconsistent with controlling federal  law. You also understand and 
agree that California's choice of law rules shall not be applied if they would result in the 
application of non-California law. 

INTEGRATED  DOCUMENT(S):  You  understand  and  agree  that  the  separate 
document  labeled  “F&A  Federal  Credit  Union  Federal  Truth-in-Lending  Disclosure 
Statement:    Part  1 of  2”  that  is  included  with  this  Agreement  is  incorporated  herein  by 
reference  and  is  an  integrated  part  of  this  Agreement.    In  addition,  any  separate 
document,  which  is  delivered  together  with  this  Agreement  and  incorporates  this 
Agreement by reference, is an integrated part of this Agreement.  Any future amendments 
to  this  Agreement  will  be  labeled  as  such  and  will  form  an  integrated  part  of  this 
Agreement. 

MEMBERSHIP  REQUIREMENT:  You  understand  and  agree  that  you  must  be  and 
remain a member in good standing with us to be eligible for continuing Account and/or 
Card privileges including future Purchases and Advances. You understand and agree that 
we may suspend or close the Account and/or Card privileges during any period in which 
you do not maintain your membership with us. 

CHANGE  OF  PERSONAL  INFORMATION:  You  understand  and  agree  that  you 
must immediately report to us any change in your name, address, home, work or cellular 
telephone  number, or employment status. You also agree to advise us of any change to 
your financial condition that may affect your creditworthiness. 

ACCURACY  OF  INFORMATION:  You  represent  and  warrant  that  the  information 
provided  in  your  request  for  credit  (Application)  is  accurate  and  you  will  notify  us  in 
writing immediately if there is a change in your financial condition that may affect your 
creditworthiness. We may retain the Application. You understand that it is a violation of 
Section 1014, Title 18, US Code to make false statements or over value security for the 
purpose of  influencing  the  action  of  any  federally-insured  credit  union.  We  may  gather 
credit and/or employment  information we deem  necessary and  appropriate  from time to 
time and we may give information concerning our credit experience with you to others. 

SEVERABILITY  AND  FINAL  EXPRESSION:  This  Agreement 
the  final 
expression  of  the  terms  and  conditions  of  your  Account.  This  Agreement  may  not  be 
contradicted  by  evidence  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 enforceable to the fullest extent possible. 

is 

COPY RECEIVED: You acknowledge receipt of a copy of this Agreement and agree to 
accept its terms. 

NOTICE:  See  the  statement  below  for  important  information  regarding  your  right  to 
dispute billing errors. 

EMERGENCY  CASH/CARD  REPLACEMENT  SERVICES:  You  understand  and 
agree that we  may provide  information regarding  you and  your  Account to Visa and/or 
Visa’s  authorized  agents  for  the  purpose  of  providing  emergency  cash  and  emergency 
card  replacement  services  to  you.  Visa  customer  care  services  may  be  reached  at  800 
VISA-911. 

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ADDITIONAL TERMS AND CONDITIONS APPLICABLE TO CONVENIENCE 
CHECKS 

CHECK USES: Convenience Checks (including balance transfer checks) are checks that 
we  may send  you to access  your Account. The following terms will apply to  the use of 
those checks unless otherwise disclosed with the check. You can use  your Convenience 
Checks to purchase goods and services, to obtain cash up to the amount of  your Credit 
Limit,  or  to  conduct  Balance  Transfers  up  to  the  amount  of  your  Credit  Limit.  Use  of 
Convenience Checks to purchase goods and services or to obtain cash up to the amount 
of  your  Credit  Limit  is  considered  a  Cash  Advance  on  your  Visa  Account.  We  will 
charge interest beginning as of the date we receive the Convenience Check. You cannot 
avoid paying interest on Convenience Check transactions. Any special rules applicable to 
credit card purchases described in this Agreement or any other features pertaining to Card 
Purchases  do  not  apply  to  Convenience  Checks.  Convenience  Checks  do  not  earn 
Rewards points. 

LIMITATIONS:  We  may  decline  to  pay  a  Convenience  Check  if  at the  time  that  it  is 
presented:  (1)  the  amount  of  the  Convenience  Check  would  cause  you  to  exceed  your 
Cash Advance Credit Limit; (2) you are in default or we have suspended, terminated, or 
canceled  your  Account;  (3)  you  did  not  comply  with  the  instructions  included  with  the 
Convenience  Checks;  (4)  the  Convenience  Check  is  not  in  the  form  we  have  issued  to 
you;  (5)  your  signature  or  the  payee’s  name  or  endorsement  is  missing  on  the 
Convenience Check or the Convenience Check appears altered or is missing information; 
(6) your Card has expired or was revoked; or (7) your Convenience Check is post-dated.  
Convenience Checks may be used only by the person(s) whose name(s) is/are printed on 
the check. You are responsible for all authorized use of Convenience Checks.  You may 
not use Convenience Checks to make a payment on any other obligation  you have with 
F&A Federal Credit Union, including paying any amount that you owe us pursuant to this 
Agreement.  Certain  merchants  may  inform  you  of  their  intent  to  convert  your 
Convenience  Check  payment  to  an  electronic  ACH  debit.  For  mailed  payments,  this 
notification will be provided at the time you receive a bill.  For payments made in person, 
this notification will be provided at the time payment is made. You understand and agree 
that Convenience Checks are ineligible for conversion to an ACH debit and if presented 
by  a  merchant  to  us  for  payment,  we  are  required  to  reject  and  return  the  entry.  Using 
Convenience Checks for payments to merchants who have notified you of their intent to 
convert your check to an ACH debit may result in merchant returned item fees and/or late 
charges. You further understand and agree that you may not attempt to authorize a one-
time advance from your Account via ACH  by providing check information (such as the 
routing,  account,  and  serial  numbers)  to  a  merchant  or  other  payee  in  person,  via  the 
Internet  or  by  telephone  for  the  purpose  of  having  such  merchant  or  other  payee 
electronically  initiate a funds transfer. We will  not be  liable  for any  fees  you  incur as a 
result of our failure to honor a Convenience Check that is converted to an ACH debit.  

PERIODIC STATEMENTS:  Your periodic statement will show you an itemization of 
the Convenience Checks posted to your Account during the billing cycle.  Convenience 
Checks paid by us will not be returned to you with your periodic statement. 

RETURNED CONVENIENCE CHECK FEE: We will charge you a Returned Check 
Fee per returned check, as set forth in our current Schedule of Fees and Charges, which 
will be billed to your Account if a Convenience Check(s), cannot be paid. 

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STOP PAYMENT:  Provided such request is timely so that we shall have a reasonable 
opportunity  to  act  upon  it  under  our  rules,  you  may  order  a  stop  payment  on  a 
Convenience  Check  drawn  on  your  Account.  If  you  give  us  a  stop  payment  orally,  the 
order  shall  be  valid  for  only  fourteen  (14)  days  thereafter,  unless  confirmed  in  writing. 
Written stop payment orders will remain in effect only for six (6) months, unless renewed 
in writing. You have the burden of establishing the fact and amount of loss resulting from 
payment contrary to a binding stop payment. We will charge a  Check Stop Payment Fee 
per Convenience Check as  set  forth  in our current Schedule of  Fees  and Charges  when 
you  place  a  stop  payment  on  our  Convenience  Check(s)  which  will  be  billed  to  your 
Account.   

SURRENDER  OF  CONVENIENCE  CHECKS:  Convenience  Checks  are  our 
property; we reserve the right to revoke them at any time. You agree to return them at our 
request. 

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, write to us at: 

F&A Federal Credit Union 
2625 Corporate Place Monterey Park, CA 91754 

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  3  business  days  before  an  automated  payment  is  scheduled,  if  you  want  to 

stop payment on the amount you think is wrong. 

You must notify us of any potential errors in writing.  You may call us; but if you do, we 
are not required to investigate any potential errors and you may have to pay the amount in 
question. 

What Will Happen After We Receive Your Letter 

When we receive your letter, we must do two things: 

1.  Within  30  days  of  receiving  your  letter,  we  must tell  you  that  we  received  your 

letter.  We will also tell you if we have already corrected the error. 

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. 

CFPB: 04/16 

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While we investigate whether or not there has been an error: 

  We  cannot  try  to  collect  the  amount  in  question  or  report  you  as  delinquent  on 

that amount. 

  The  charge  in  question  may  remain  on  your  statement,  and  we  may  continue  to 

charge you interest on that amount.   

  While you do not have to pay the amount in question, you are responsible for the 

remainder of your balance. 

  We can apply any unpaid amount against your credit limit. 

After we finish our investigation, one of two things will happen: 

 

 

If  we  made  a  mistake:  You  will  not  have  to  pay  the  amount  in  question  or  any 
interest or other fees related to that amount. 

If  we  do  not  believe  there  was  a  mistake:  You  will  have  to  pay  the  amount  in 
question, along with applicable interest and fees.  We will send you a statement of 
the  amount  you  owe  and  the  date  payment  is  due.    We  may  then  report  you  as 
delinquent if you do not pay the amount we think you owe. 

If  you receive our explanation  but still  believe  your bill  is wrong,  you  must write to us 
within 10 days telling us that you still refuse to pay.  If you do so, we cannot report you 
as delinquent without also reporting that you are questioning your bill.  We must tell you 
the  name  of  anyone  to  whom  we  reported  you  as  delinquent;  and  we  must  let  those 
organizations know when the matter has been settled between us. If we do not follow all 
of the rules above, you do not have to pay the first $50 of the amount you question even 
if your bill is correct. 
Your Rights If You Are Dissatisfied With Your Credit Card Purchases 
If you are dissatisfied with the goods or services that you have purchased with your credit 
card and you have tried in good faith to correct the problem with the merchant, you may 
have the right not to pay the remaining amount due on the purchase. 
To use this right, all of the following must be true: 

1.  The  purchase  must  have  been  made  in  your  home  state  or  within  100  miles  of 
your  current  mailing  address,  and  the  purchase  price  must  have  been  more  than 
$50.    (Note:  Neither  of  these  is  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, you will 
contact us in writing at: 

F&A Federal Credit Union 
2625 Corporate Place Monterey Park, CA 91754 

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. 

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  F&A FEDERAL  
CREDIT UNION PRICING INFORMATION 
AS OF APRIL 16, 2016 

Variable Annual Percentage Rate (APR)* 
Visa rates apply to purchases, balance transfers, 
cash advances and convenience checks. 

Premiere Low Rate Visa 

Premiere Rewards Visa 

Traditional Visa 

6.90%-14.50% 
8.90%-15.50% 
9.90%-15.90% 

Penalty APR and When it Applies 

None. 

Variable Rate Visa Information: (Premiere Low 
Rate Visa, Premiere Rewards Visa & Traditional 
Visa) 

Our  VISA  program  is  a  variable  rate  program. 
What  this  means  is  your  APR  may  increase  or 
decrease  each  month.  The  APR  that  applies  to 
your account may vary with changes to the Prime 
Rate. We calculate the APR by adding a margin to 
the  Prime  Rate  published  in  The  Wall  Street 
Journal on the first business day of the  month.  A 
“Margin”  is  the  percentage  we  add  to  the  Prime 
Rate to calculate the APR. 
How to Avoid Paying Interest on Purchases 

Minimum Interest Charge 

Fees 
Annual 
Transaction Fees 
Balance Transfer 
Cash Advance 
Foreign Transaction 

Penalty Fees 
Late Payment 
Returned Payment 
Over-the-Credit-Limit 
Other Fees 

Margins Range From: 

Premiere Low Rate Visa: prime rate plus from   
1.90% to 9.50% 

Premier Rewards Visa: prime rate plus from    
3.90% to 10.50% 

Traditional Visa: prime rate plus from 4.90% to 
10.90% 

Your  due  date  is  at  least  21  days  after  the  close  of 
each billing cycle. We will not charge you interest on 
purchases if you pay  your entire balance by the  due 
date each month. 
If you are charged interest, the charge will be no less 
than $1.00 

None 

None 
None 
1% for multi-currency international transactions  

$20 
$5 
None 
None 

How  We  Will  Calculate  Your  Balance:  We  use  a  method  called  “average  daily  balance 
(including  new  purchases).”*The  initial  rate  you  receive  when  you  open  your  account  is 
based on your creditworthiness. After that, your APR will vary with the market based on the 
Prime Rate. 

CFPB: 04/16 

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