Washington State Employees Credit Union
P.O. Box WSECU
Olympia, WA 98507
(800) 562-0999

VISA CREDIT CARD AGREEMENT AND
TRUTH IN LENDING DISCLOSURE

In this Agreement the words "you" and "your" mean each and all of those who apply for the card or who sign this Agreement and everyone who receives, signs or uses a card issued
under this account. "Card" means the VISA Credit Card and any duplicates and renewals we issue. "Account" means your VISA Credit Card Line of Credit account with us. "We", "us"
and "ours" means this Credit Union.

Responsibility

Credit Union Business Days

If we issue you a card, you agree to repay all debts and the Interest Charge
arising from the use of the card and the card account. For example, you are
responsible for charges made by anyone else to whom you give the card, and
this responsibility continues until the card is recovered. You cannot disclaim
responsibility by notifying us, but we will close the account
for new
transactions if you so request and return all cards. Your obligation to pay the
account balance continues even though an agreement, divorce decree or
other court judgment in which we are not a party may direct you or one of the
other persons responsible to pay the account. Any person using the card is
jointly responsible with you for charges he or she makes, but if that person
signs the card he or she becomes a party to this Agreement and is also jointly
responsible for all charges on the account, including yours.

Authorized Signer: Anyone who uses your credit cards with your permission.
More specifically, someone who has a credit card from your account with their
name on it. An authorized user is not legally responsible for the debt and
cannot receive information regarding the account.

Joint Account: An account shared by two or more people. Each person on
the account is legally responsible for the debt and the account will be reported
to each person's credit report.

If Your Card is Lost or Stolen or if an Unauthorized Use Occurs

You agree to notify us immediately if your card is ever lost or stolen or if an
unauthorized use may have occurred. The telephone number to call during
regular credit union business hours is (800) 562-0999 and (866) 861-5416 on
weekends or after business hours. You agree to follow up your call with notice
in writing to us at: Washington State Employees Credit Union, P.O. Box
WSECU, Olympia, WA 98507. You also agree to assist us in determining the
facts, circumstances and other pertinent information relating to any loss, theft
or possible unauthorized use of your credit card and comply with such
procedures as we may require in connection with our investigation, including
assisting in the prosecution of any unauthorized user. You will be liable for any
unauthorized use only if we can prove that you were grossly negligent in your
use or handling of your Credit Card, or if we can prove that you used your
Credit Card fraudulently.

Using the Card

You may use the card issued to you to make purchases in person, by mail, by
telephone, or by internet from merchants and others who accept VISA credit
cards. In addition, you may obtain cash advances from the Credit Union, from
other financial institutions participating in the VISA program and from ATMs
(automated teller machines) that participate in the ATM VISA program. You will
need to use your PERSONAL IDENTIFICATION NUMBER (PIN) to obtain a
cash advance from an ATM.

The Credit Union's business days are Monday - Friday, excluding holidays.
Business hours are Monday - Friday 7:00 a.m. - 7:00 p.m.

Credit Line

to let

If we approve your application, we will establish a self-replenishing Line of
Credit for you and notify you of its amount when we issue the card. You agree
not
the account balance exceed this approved Credit Line. Each
payment you make on the account will restore your Credit Line by the amount
of the payment which is applied to principal. You may request an increase in
your Credit Line only by written application to us, which must be approved by
our credit committee or loan officer. By giving you written notice our credit
committee may reduce your Credit Line from time to time, or with good cause,
revoke your card and terminate this Agreement. Good cause includes your
failure to comply with this Agreement, or our adverse reevaluation of your
creditworthiness. You may also terminate this Agreement at any time, but
termination by either of us does not affect your obligation to pay the account
balance. The cards remain our property and you must recover and surrender
to us all cards upon our request and upon termination of this Agreement.

Monthly Payment

line,

We will mail you a statement every month showing your previous balances of
purchases and cash advances, the current transactions on your account, the
remaining credit available under your credit
the new balances of
purchases and cash advances, the total new balance, the Interest Charge due
to date, and the minimum payment required. Every month you must pay at
least the minimum payment by the due date indicated on your statement. If
late, we will assess, and you will pay a late payment fee as disclosed to you
on your Visa Disclosures, or as amended. You may, of course, pay more
frequently, pay more than the minimum payment, or pay the total new balance
in full, and you will reduce the Interest Charge by doing so. The minimum
payment will be the greater of 2.5% of your New Balance rounded to the
nearest dollar, or $25.00. If your outstanding balance is $25.00 or less you
agree to pay the balance in full, plus any portion of the minimum payment(s)
shown on prior statement(s) which remains unpaid. In addition, at any time
your total new balance exceeds your credit line, you must immediately pay
the excess upon our demand. We may accept checks marked "payment in
full" or with words of similar effect without losing any of our rights to collect the
full balance of your account with us.

Credit Information

You authorized us to investigate your credit standing when opening, renewing
or reviewing your account, and you authorize us to disclose information
regarding your account to credit bureaus and other creditors who inquire of us
about your credit standing, to the extent authorized in our By-Laws.

Rebate on Purchases (Gold Rebate Only)

Interest Charges

The Credit Union will credit to the Account an amount equal to one percent of
purchases minus any credits in the statement cycle. The Credit Union
reserves the right to suspend the rebate credit at any time upon any breach of
the Agreement. No rebate credit will be made for any cash advance or
balance transfer transaction. The rebate credit will not affect any minimum
monthly payment requirement.

Illegal Use and Internet Gambling

You agree that all transactions that you initiate by use of your VISA Credit
Card are legal in the jurisdiction where you live and/or where the transaction
occurred.
Internet gambling may be illegal in the jurisdiction in which you are
located, including the United States. You may not use the card or account for
any illegal or unlawful purpose, and we may decline to authorize any
transaction that we believe may be illegal or unlawful. Display of a payment
card logo by an online merchant does not mean that
internet gambling
transactions are lawful in all jurisdictions in which you may be located. You
agree to repay according to the terms of this Agreement all transactions you
initiate by use of your Credit Card, whether deemed legal or illegal.

You can avoid Interest Charges on purchases by paying the full amount of the
New Balance of Purchases each month on or before your payment due date.
Otherwise, the New Balance of Purchases, and subsequent purchases from
the date they are posted to your account, will be subject
to an Interest
Charge. Cash Advances and Balance Transfers - An Interest Charge will be
imposed on cash advances and balance transfers from the date each cash
advance or balance transfer is made. There is no time period within which to
pay to avoid a periodic Interest Charge on cash advances or balance
transfers. In addition to the Interest Charge imposed by applying the periodic
rate, a cash advance fee (Interest Charge) equal to the lesser of 2% of the
cash advance amount or $25.00 will be imposed on each cash advance. An
Interest Charge is calculated at the ANNUAL PERCENTAGE RATE disclosed
to you on your Visa Disclosures or as amended on the average daily principal
balance of purchases, cash advances or balance transfers you make and
debit adjustments the credit union makes during the statement period. The
daily principal balances are totaled, and divided by the number of days in the
statement period to produce separate average daily principal balances for
purchases, cash advances, and balance transfers to which the periodic rate is
then applied.

LASER ML FPDF FI11576 Rev 6-2014

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COPYRIGHT 2005 Securian Financial Group, Inc. All rights reserved.

In this Agreement the words "you" and "your" mean each and all of those who apply for the card or who sign this Agreement and everyone who receives, signs or uses a card issued
under this account. "Card" means the VISA Credit Card and any duplicates and renewals we issue. "Account" means your VISA Credit Card Line of Credit account with us. "We", "us"
and "ours" means this Credit Union.

Other Charges

Your account will be subject to other charges as disclosed to you on your Visa
Disclosures or as amended. These charges may be changed by us from time
to time in accordance with applicable law.

Default

You may be in default if you fail to make any Minimum Payment on or before
your payment due date. You will also be in default if your ability to repay the
credit union is materially reduced by a change in your employment, an
increase in your obligations, bankruptcy or insolvency proceedings involving
you, your death, or your failure to abide by this Agreement, or if the value of
the credit union's security interest materially declines. The Credit Union has
the right to demand immediate payment of your full account balance if you
default, subject to the credit union giving you any notice required by law. To
the extent permitted by law, you will also be required to pay the Credit Union's
collection expenses, including court costs and reasonable attorney's fees.

Returns, Adjustments, and Overpayment

Merchants and others who honor the credit card may give credit for returns or
adjustments, and they will do so by submitting a credit voucher which will post
to your account.
If your credit voucher and/or payments exceed what you
owe us, we will post the credit balance to your credit card. If the credit stays
on your account for 60 days or more the funds will be transferred to your
share account. WSECU will not accept overpayment to inflate the credit limit.

Foreign Transactions

Purchases and cash advances made in foreign countries and foreign
currencies will be billed to you in U.S. Dollars. Transactions processed outside
of the United States will be charged a foreign transaction fee in an amount to
be determined by the Credit Union, regardless of whether there is a currency
conversion associated with the transaction. The conversion exchange rate
between the transaction currency and the billing currency used for processing
international transactions to U. S. Dollars will be from a range of rates which
may vary selected by VISA USA from the wholesale currency market rate or
the government mandated rate in effect for the applicable Central Processing
Date (CPD), in each instance, plus or minus any adjustment determined by
the Credit Union as a VISA Issuer. A VISA International Service Assessment
(ISA) Fee will be billed to you separately as the Foreign Currency Conversion
Fee on all cross border transactions. A foreign transaction is any transaction
that you complete or a merchant completes on your card outside of the U.S.,
Puerto Rico or the U.S. Virgin Islands; this may include internet transactions.

Plan Merchant Disputes

We are not responsible for the refusal of any plan merchant or financial
institution to honor your card. We are subject to claims and defenses other
than tort claims arising out of goods or services you purchase with the card
only if you have made a good faith attempt, but have been unable to obtain
satisfaction from the plan merchant, and: (a) your purchase was made in
response to an advertisement we sent or participated in sending you; or (b)
your purchase cost more than $50 and was made from a plan merchant in
your state or within 100 miles of your home. Any other disputes you must
resolve directly with the plan merchant.

Security Interest

To secure your account, you grant us a purchase money security interest
under the Uniform Commercial Code in any goods you purchase through the
account. If you default, we will have the right to recover any of those goods
which have not been paid for through our application of your payment in the
manner described in the Monthly Payment section on page 1 of
this
document. With respect to this account only, we will not assert any statutory
right we may have if you are in default
to prevent withdrawal of your
unpledged Credit Union shares (deposits) below the unpaid balance of your
account.

SECURITY: YOU SPECIFICALLY GRANT US A CONSENSUAL
SECURITY INTEREST IN ALL INDIVIDUAL AND JOINT ACCOUNTS
YOU HAVE WITH US NOW AND IN THE FUTURE TO SECURE
REPAYMENT OF CREDIT EXTENDED UNDER THIS AGREEMENT. YOU
ALSO AGREE THAT WE HAVE SIMILAR STATUTORY LIEN RIGHTS
UNDER STATE AND/OR FEDERAL LAW. THE GRANTING OF THIS
SECURITY INTEREST IS A CONDITION FOR THE ISSUANCE OF
CREDIT UNDER THIS AGREEMENT. IF YOU ARE IN DEFAULT, WE
CAN APPLY YOUR SHARES TO THE AMOUNT YOU OWE. Shares and
deposits in an Individual Retirement Account or any other account that
would lose special tax treatment under state or federal law if given are not
subject to this security interest.
If you have other loans with us, collateral securing such loans may also
secure your obligations under this Agreement, unless that other collateral
is your principal residence or non-purchase money household goods.

Effect of Agreement

This Agreement is the contract which applies to all transactions on your
account even though the sales, cash advance, credit or other slips you sign or
receive may contain different terms. Subject to applicable law, we may amend
this Agreement from time to time by sending you the advance written notice
required by law. Your use of the card thereafter will indicate your agreement to
the amendments. To the extent the law permits, and we indicate in our notice,
amendments will apply to your existing account balance as well as to future
transactions.

No Waiver

The Credit Union can delay enforcing any of its rights any number of times
without losing the ability to exercise those rights in the future.

Statements and Notices

Statements and notices will be mailed to you at the most recent address you
have given the Credit Union. Notices sent to any one of you will be considered
notice to all.

Final Expression

This Agreement is the final expression of the terms and conditions of this
VISA line of credit between you and the Credit Union. This written Agreement
may not be contradicted by evidence of any alleged oral agreement.

Record Keeping

You hereby agree that the credit union may keep the portion of the Agreement
which bears your signature so we can comply with federal and/or state law
relating to loan documents the credit union is required to keep in its file.

Non-Transferability

I agree that my account(s) are not assignable or transferable except to the
Credit Union unless specifically authorized in writing by you.

No Liability for Dishonor

The Credit Union will not have any responsibility or liability to me or others
relating to the dishonor or other return of any check, draft, ACH transaction or
other order occurring as a result of you exercising your lien rights or freezing
any accounts in order to protect or preserve such rights.

Negative Information Notice

We may report information about your account to credit bureaus. Late
payments, missed payments, or other defaults on your account may be
reflected in your credit report.

Our Communications With You

You agree that we (and our affiliates, agents, and contractors) may monitor or
record any calls between you and us. If we need to contact you to service
your account or to collect amounts you owe to us, you authorize us (and our
affiliates, agents, and contractors) to contact you at any number (i) you have
provided to us (ii) from which you called us, or (iii) which we obtained and
believe we can reach you at. We may contact you in any way, such as calling,
texting, or email. We may contact you using an automated dialer or using pre-
recorded messages. We may contact you on a mobile, wireless, or similar
device, even if you are charged for it by your provider.

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If we do not believe there was a mistake: You will have to pay the amount
in question, along with applicable interest and fees. We will send you a
statement of the amount you owe and the date payment is due. We may
then report you as delinquent if you do not pay the amount we think you
owe.

If you receive our explanation but still believe your bill is wrong, you must
write to us within 10 days telling us that you still refuse to pay. If you do so,
we cannot report you as delinquent without also reporting that you are
questioning your bill. We must tell you the name of anyone to whom we
reported you as delinquent, and we must let those organizations know when
the matter has been settled between us.
If we do not follow all of the rules above, you do not have to pay the first $50
of the amount you question even if your bill is correct.

Your Rights If You Are Dissatisfied With Your Credit Card Purchases
If you are dissatisfied with the goods or services that you have purchased
with your credit card, and you have tried in good faith to correct the problem
with the merchant, you may have the right not to pay the remaining amount
due on the purchase. To use this right, all of the following must be true:
1.

The purchase must have been made in your home state or within 100
miles of your current mailing address, and the purchase price must have
been more than $50. (Note: Neither of
these are necessary if your
purchase was based on an advertisement we mailed to you, or if we own
the company that sold you the goods or services.)
You must have used your credit card for the purchase. Purchases made
with cash advances from an ATM or with a check that accesses your credit
card account do not qualify.
You must not yet have fully paid for the purchase.

the criteria above are met and you are still dissatisfied with the

3.
If all of
purchase, contact us in writing at the address(es) listed on your statement.
the same rules apply to the disputed amount as
While we investigate,
discussed above. After we finish our investigation, we will
tell you our
decision. At that point, if we think you owe an amount and you do not pay, we
may report you as delinquent.

2.

This notice tells you about your rights and our responsibilities under the
Fair Credit Billing Act.

-

YOUR BILLING RIGHTS: KEEP THIS DOCUMENT FOR FUTURE USE

What To Do If You Find A Mistake On Your Statement
If you think there is an error on your statement, write to us at the address(es)
listed on your statement.
In your letter, give us the following information:
1.
2.
3.

Your name and account number.
The dollar amount of the suspected error.
If you think there is an error on your bill, describe what you believe is
wrong and why you believe it is a mistake.

You must contact us:
-
-

Within 60 days after the error appeared on your statement.
At least 3 business days before an automated payment is scheduled, if
you want to stop payment on the amount you think is wrong.

You must notify us of any potential errors in writing. You may call us, but if you
do, we are not required to investigate any potential errors and you may have
to pay the amount in question.

What Will Happen After We Receive Your Letter
When we receive your letter, we must do two things:
1.

Within 30 days of receiving your letter, we must tell you that we received
your letter. We will also tell you if we have already corrected the error.
Within 90 days of receiving your letter, we must either correct the error or
explain to you why we believe the bill is correct.

2.

the amount

While we investigate whether or not there has been an error:
-

We cannot
try to collect
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

-

-

-

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.

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