501578_5B MIFCU1 12_24.QXD_Layout 1  1/3/12  3:35 PM  Page 14 M   6/16/10  4:40 PM  Page 14
   Credit Card
   Agreement
   and Truth-
   in-Lending
   Disclosure
 Member Services: 800.664.3828
 24-hour Loan Center: 866.933.6333
 MichiganFirst.com
 MichiganFirst.com/Twitter
 MichiganFirst.com/Facebook
 Federally Insured by the NCUA
 510578_05b Revised: 6/10/2010 Revised 12/24/2011 Revised 12/2015     SLIMF150 M-100732 SLIMF150 501578_5B MIFCU1 12_24.QXD_Layout 1  12/28/11  1:38 PM  Page 12 501578_5B MIFCU1 12_24.QXD_Layout 1  12/28/11  1:38 PM  Page 1
 In your letter, give us the following information: MICHIGAN FIRST CREDIT UNION
 � Account  information:  Your  name  and  account
 number.  CREDIT CARD AGREEMENT 
 � Dollar amount: The dollar amount of the suspected
      AND TRUTH-IN-LENDING DISCLOSURE
 error.
 � Description of problem: If you think there is an error THIS  IS  YOUR  AGREEMENT  WITH  MICHIGAN
 on your bill, describe what you believe is wrong and FIRST CREDIT UNION (CREDIT UNION) REGARDING
 why you believe it is a mistake. RIGHTS  AND  RESPONSIBILITIES  ASSOCIATED
 You must contact us: WITH  OBTAINING  A  VISA � CREDIT  CARD.  THE
 � Within  60  days  after  the  error  appeared  on  your DISCLOSURE  STATEMENTS  THAT  FOLLOW
 statement. ARE  REQUIRED  BY  FEDERAL  REGULATIONS,
 � At least 3 business days before an automated payment INCLUDING  THE  TRUTH  IN  LENDING  AND  FAIR
 is scheduled, if you want to stop payment on the CREDIT  BILLING  ACTS.  PLEASE  READ  THIS
 amount you think is wrong. DISCLOSURE CAREFULLY TO BE FAMILIAR WITH
     YOUR  RIGHTS  AND  RESPONSIBILITIES.  IT  IS
 You must notify us of any potential errors in writing. You IMPORTANT TO RETAIN THIS NOTICE FOR FUTURE
 may  call  us,  but  if  you  do  we  are  not  required  to REFERENCE AND TO NOTIFY US AT ONCE IF ANY
 investigate any potential errors and you may have to pay PARTS ARE UNCLEAR.
 the amount in question.
       1. WORDS OFTEN USED IN THIS AGREEMENT.
 What Will Happen After We Receive Your Letter The word �Agreement� means this Michigan First Credit
     Union  Credit  Card  Agreement  and  Truth-in-Lending
 When we receive your letter, we must do two things: Disclosure and the document provided to you along with
     this  agreement  and  disclosure  containing  Credit  Card
 1. Within 30 days of receiving your letter, we must tell Account Opening Disclosures and information concerning
 you that we received your letter. We will also tell you if How Your Annual Percentage Rate is Determined. In this
 we have already corrected the error. Agreement, the words �you� and �your� mean or refer to
 2. Within 90 days of receiving your letter, we must each and all persons who have applied for the Card or
 either correct the error or explain to you why we believe Cards. �Card� means the Visa Credit Card or Cards, and
 the bill is correct. any  duplicates  and  renewals  thereof,  or  substitutions
     thereof, we may issue to you. �Account� means your Visa
 While we investigate whether or not there has been an Credit Card line of credit loan account with us. �We,� �us�
 error: and �ours� means or refers to Michigan First Credit Union
 � We cannot try to collect the amount in question, or and  the  document  provided  to  you  along  with  this
 report you as delinquent on that amount. agreement and disclosure containing Credit Card Account
 � The  charge  in  question  may  remain  on  your Opening  Disclosures  and  information  concerning  How
 statement,  and  we  may  continue  to  charge  you Your Annual Percentage Rate is Determined. 
 interest on that amount. 2. THIS IS YOUR CONTRACT WITH US. Once this
 � While you do not have to pay the amount in question, Agreement is sent to you, it becomes a binding contract.
 you  are  responsible  for  the  remainder  of  your When you (i) signed a paper application for your Account, (ii)
 balance. completed  an  on-line  application  for  your  account,  (iii)
 � We can apply any unpaid amount against your credit applied for your Account by calling our Call Center, or (iv)
 limit. applied for your account in person with one of our Financial
 � After we finish our investigation, one of two things Sales Representatives, you acknowledged that you would
 will happen: receive a copy of this Agreement and promised to abide by
 � If we made a mistake: You will not have to pay the the terms of this Agreement, including all applicable laws.
 amount  in  question  or  any  interest  or  other  fees This Agreement is a Truth-In-Lending Disclosure Statement
 related to that amount. as well as a contract.
 � If we do not believe there was a mistake: You will 3. SIGN THE CARD. Your Card(s) have been embossed
 have  to  pay  the  amount  in  question,  along  with as you have directed. Each Card must be signed (in the space
 applicable  interest  and  fees.  We  will  send  you  a provided on the back) by the person whose name is embossed
 statement  of  the  amount  you  owe  and  the  date thereon. That signature must be in the same form as embossed
 payment  is  due.  We may  then  report  you  as on the front of the Card. However, your liability under this
 delinquent if you do not pay the amount we think you Agreement does not depend on whether you sign your Card.
 owe.  4. USING THE CARD. By using this Card, you are
     agreeing to comply with the terms of this Agreement. To
 If you receive our explanation but still believe your bill is make a Purchase or Cash Advance, present the Card to a
 wrong, you must write to us within 10 days telling us that participating Visa plan merchant or financial institution and
 you still refuse to pay. If you do so, we cannot report you sign the sales draft or cash advance draft (when required)
 as  delinquent  without  also  reporting  that  you  are which will be imprinted with your Card or generated after
 questioning  your  bill.  We  must  tell  you  the  name  of your  Card�s  number  has  been  magnetically  read  or
 anyone to whom we reported you as delinquent, and we otherwise provided. Please note that we are not responsible
 12               1   501578_5B MIFCU1 12_24.QXD_Layout 1  12/28/11  1:38 PM  Page 2
      if a particular Visa plan merchant or financial institution if a particular Visa plan merchant or financial institution governed by such laws. This Agreement is entered into
      refuses to honor your Card. You can receive a copy of any refuses to honor your Card. You can receive a copy of any between you and us in the State of Michigan, and we make 
      draft you sign or a corresponding transaction slip when draft you sign or a corresponding transaction slip when credit decisions under this Agreement from the State of 
      using the Card. You should retain all such items to verify using the Card. You should retain all such items to verify Michigan.  You  further  consent  to  the  jurisdiction  and 
      your monthly statement. We will upon request furnish you your monthly statement. We will upon request furnish you venue of the State or Federal Courts having jurisdiction 
      with a copy of a draft for a charge per copy; however, with a copy of a draft for a charge per copy; however, over  the  City  of  Lathrup  Village,  Oakland  County, 
      there will be no charge in cases involving error resolution. there will be no charge in cases involving error resolution. Michigan.
      You may use your Card to make purchases and cash You may use your Card to make purchases and cash 37. ASSIGNMENT. We may sell, assign or transfer all
      advances  primarily  for  personal,  family,  or  household advances  primarily  for  personal,  family,  or  household or any portion of your Account, or any balance due under
      purposes. In addition, you may obtain cash advances from purposes. In addition, you may obtain cash advances from your Account, without prior notice to you. You may not
      the Credit Union or from other financial institutions that the Credit Union or from other financial institutions that sell, assign or transfer your Account or any obligations
      accept  Visa  accept  Visa  Cards  or  ATMs  Cards  or  ATMs  that  accept  Visa  that  accept  Visa  Cards. Cards. under this Agreement.
      Whenever you request a transaction, you may be required Whenever you request a transaction, you may be required 38. LOST/STOLEN CARDS. You agree to notify us
      to  prove  to your  prove identity.  your identity. When  the  When amount  the amount advanced advanced immediately upon discovering that your Card has been lost
      appears  appears on  a  subsequent  on a subsequent statement,  statement, that  statement that statement or stolen by calling us at 800-449-7728 or 800-664-3828.
      reference will be conclusive evidence of the request. To reference will be conclusive evidence of the request. To 39. INFORMATION  ABOUT  YOU  AND  YOUR
      obtain an advance at an ATM you must use a Personal obtain an advance at an ATM you must use a Personal ACCOUNT. We will not disclose your non-public personal
      Identification Number (PIN) that was issued for use with Identification Number (PIN) that was issued for use with information to unaffiliated third parties except as otherwise
      the Card. the Card.                 permitted or authorized by law. Please refer to our Privacy
       5. ILLEGAL TRANSACTIONS. You agree that you 5. ILLEGAL TRANSACTIONS. You agree that you Policy Notice for a full explanation of how we protect your
      will only use your Account for transactions that are legal will only use your Account for transactions that are legal information. You may obtain a copy of our Privacy Policy
      where you reside. Display of a payment card logo by an on- where you reside. Display of a payment card logo by an on- Notice by calling us at 800-664-3828.
      line merchant does not mean that the transaction with that line merchant does not mean that the transaction with that 40. BENEFITS AND PROGRAMS. We may from time to
      merchant is legal where you reside. You agree not to use merchant is legal where you reside. You agree not to use time  offer  additional  services  to your  Accounts or  special
      your Card for any illegal transactions. We will not be liable your Card for any illegal transactions. We will not be liable programs related to you being a Cardholder, such as travel
      if you engage in any illegal transactions. if you engage in any illegal transactions. accident insurances, at no additional cost to you. You understand
       6. PROMISE TO PAY. You promise to repay to us all 6. PROMISE TO PAY. You promise to repay to us all and agree that we are not obligated to offer such services or
      debts and the FINANCE CHARGE thereon arising from debts and the FINANCE CHARGE thereon arising from programs and may withdraw or change them at any time.
      any authorized use of the Card. You agree not to let any authorized use of the Card. You agree not to let 41. SEVERABILITY. If any provision of this Agreement
      someone else use the card without our consent. If the someone else use the card without our consent. If the is determined to be void or unenforceable under applicable
      application was signed by two persons, the Account is application was signed by two persons, the Account is law,  regulation,  or  rule,  all  other  provisions  of  this
      joint; that is, each of you, separately and jointly with each joint; that is, each of you, separately and jointly with each Agreement shall be valid and enforceable.
      other, is liable for all debts on the Account and FINANCE other, is liable for all debts on the Account and FINANCE 42. ENTIRE AGREEMENT/EFFECT OF AGREEMENT.
      CHARGE(S). Your obligation to pay all such debts and CHARGE(S). Your obligation to pay all such debts and This Agreement, together with any application you signed or
      FINANCE  FINANCE CHARGE(S)  CHARGE(S) continues  continues even  though  even though an an otherwise submitted in connection with the Account and any
      agreement,  divorce  decree  or  other  court  judgment  to agreement,  divorce  decree  or  other  court  judgment  to mailer/document sent to you with your Card (all of which are
      which we are not a party may direct that only one of you, which we are not a party may direct that only one of you, hereby  incorporated  by  reference  in  this  Agreement),
      or some person other than you (or both of you), must pay or some person other than you (or both of you), must pay constitutes the entire agreement between you and us relating
          such debts and FINANCE CHARGE.  to  your  Account,  supercedes  any  other  prior  or
      such debts and FINANCE CHARGE. 
       7. CREDIT LINE. When we approved your application, 7. CREDIT LINE. When we approved your application, contemporaneous agreement between you and us relating to
      we established a self-replenishing line of credit for you and we established a self-replenishing line of credit for you and your Account, and applies to every transaction relating to the
      notified you of the amount thereof (�credit limit�) in the notified you of the amount thereof (�credit limit�) in the Account even though a sales or cash advance draft you sign
      document your Card/s were attached to. That document is document your Card/s were attached to. That document is or a credit slip may contain different terms. This Agreement
          hereby incorporated herein as part of this Agreement. You may  not  be  amended  except  in  accordance  with  the
      hereby incorporated herein as part of this Agreement. You
          agree not to let your Account Balance exceed such amount, provisions  of this  Agreement. You further  acknowledge
      agree not to let your Account Balance exceed such amount,
                                          receipt of a copy of this Agreement.
      and you agree to pay us the total amount over the credit limit and you agree to pay us the total amount over the credit limit
                                           43. CREDIT UNION MEMBERSHIP. You understand
      upon  our  upon demand  our demand whether  whether or  not  we  or not authorized  we authorized the the
                                          and agree that the closing of your Credit Union Regular 
      advance(s) which caused you to exceed your credit line. advance(s) which caused you to exceed your credit line.
                                          Share Account terminates your status as a member of the 
      Unless you are in default, each payment you make on the Unless you are in default, each payment you make on the
                                          Credit Union, and upon such closing, you can no longer 
      Account will replenish your credit limit by the part of that Account will replenish your credit limit by the part of that
                                          obtain credit with the Credit Union Visa Card.
      payment which is applied to principal. You may request an payment which is applied to principal. You may request an
                                          The  following  is  important  information  regarding  your
      increase in the credit limit by a written application, which increase in the credit limit by a written application, which
          must be approved by us. We may increase or decrease the right to dispute billing errors.
      must be approved by us. We may increase or decrease the
      limit from time to time or may, with good cause, revoke limit from time to time or may, with good cause, revoke Your BILLING Rights �
                                               Keep This NOTICE For Future Use
      your Card and terminate this Agreement; in either event, we your Card and terminate this Agreement; in either event, we
                                          This  notice tells  you  about  your  rights  and  our
      will give you written notice of such action. �Good Cause� will give you written notice of such action. �Good Cause�
                                          responsibilities under the Fair Credit Billing Act.
      includes your failure to satisfy the terms of this Agreement includes your failure to satisfy the terms of this Agreement
      or our adverse reevaluation of your creditworthiness; in or our adverse reevaluation of your creditworthiness; in What To Do If You Find A Mistake On Your Statement
      either event, we will give you written notice of such action. either event, we will give you written notice of such action. If you think there is an error on your statement, write to us at:
      In the event your Account is cancelled or revoked due to In the event your Account is cancelled or revoked due to Michigan First Credit Union
      default, the balance at the time of default may be transferred default, the balance at the time of default may be transferred 27000 Evergreen Road
      in-house  with  the  Credit  Union  and,  as  a  consequence in-house with the Credit Union and, as a consequence Lathrup Village, MI  48076
                   2  2                                11   501578_5B MIFCU1 12_24.QXD_Layout 1  12/28/11  1:38 PM  Page 3
 � Your Card is retained by the ATM; thereof, be separately billed as an in house arrangement or thereof, be separately billed as an in house arrangement or
 � Your Card or PIN has been reported lost or stolen included within included within any other open-end credit plan you have any other open-end credit plan you have
 and your account has been blocked or frozen; with us, with collection to be at the same rate and under the with us, with collection to be at the same rate and under the
 � Your account is in default;  same terms same  and terms  conditions and  conditions  as provided as  provided  for in this for  in  this
 � You  or  anyone  authorized  by  you  to  conduct  a Agreement. You may terminate this Agreement, at any time Agreement. You may terminate this Agreement, at any time
 transaction commits fraud or violates any laws or and for and  any for  reason, any  by reason,  giving by  us giving  written us  notice. written  notice.
 regulations; or Nevertheless, Nevertheless, termination by you or by us does not affect termination by you or by us does not affect
 � You fail to follow the instructions on the screen or your obligation to pay all debts and FINANCE CHARGE your obligation to pay all debts and FINANCE CHARGE
 terminal. thereon arising from authorized use of your Card. The Cards thereon arising from authorized use of your Card. The Cards
 32. LIABILITY FOR UNAUTHORIZED USE. You remain our property and you must recover and surrender to remain our property and you must recover and surrender to
 may be liable for the unauthorized use of your credit card. us all Cards us all Cards upon our request or upon termination of this upon our request or upon termination of this
 You will not be liable for unauthorized use that occurs Agreement. Agreement.
 after  you  notify  Michigan  First  Credit  Union  at  the 8. JOINT ACCOUNTS. If more than one person signed 8. JOINT ACCOUNTS. If more than one person signed
 address or telephone number set forth below. You must the application, each person who signed it promises to pay the application, each person who signed it promises to pay
 notify us orally or in writing of the loss, theft, or possible all amounts owed to us under this Agreement. Each of you all amounts owed to us under this Agreement. Each of you
 unauthorized  use.  In  any  case,  your  liability  will  not authorizes the other(s) to make purchases, withdrawals or authorizes the other(s) to make purchases, withdrawals or
 exceed $50.00. Notify us at: cash advances individually. Any one of you may cancel the cash advances individually. Any one of you may cancel the
 Card Services Dispute Processing  Account. The cancellation will be effective to all of you. Account. The cancellation will be effective to all of you.
 P.O. Box 10409 Each of you is jointly and severally obligated. This means Each of you is jointly and severally obligated. This means
 Des Moines, IA 50306
  that we may collect money owed to us from each of you or
 866-570-1238 that we may collect money owed to us from each of you or
  from all
 Or   from  of you all  regardless of  you  regardless  of your of  current your  domestic current  domestic
  relationship or other legal proceedings. In any event, all of
 Michigan First Credit Union  relationship or other legal proceedings. In any event, all of
  you will continue to be jointly and severally obligated until
 27000 Evergreen Road you will continue to be jointly and severally obligated until
 Lathrup Village, Michigan 48076  all Cards are returned and the debt is extinguished. all Cards are returned and the debt is extinguished.
 800-664-3828 9. AUTHORIZED USERS. You may allow Authorized 9. AUTHORIZED USERS. You may allow Authorized
 33. LIMITATIONS OF RESPONSIBILITY. We will not Users on your Account by notifying us that you want
      Users  on  your Account  by  notifying  us  that  you  want
 be responsible for merchandise or services purchased by someone added to the account as an Authorized User and
      someone added to the account as an Authorized User and
 you with the Card. We are not liable for the refusal or obtaining our consent. Additionally, though not allowed,
      obtaining our consent. Additionally, though not allowed,
 inability of merchants, financial institutions and others to you will be deemed to have personally authorized another
      you will be deemed to have personally authorized another
 accept your card(s) or electronic terminals to honor them or user in the following ways: (1) by lending your Card or
      user in the following ways: (1) by lending your Card or
 complete a transaction, or for their retention of the Card(s). Account Number to another (without our required
      Account  Number  to  another  (without  our  required
 34. SECURITY INTEREST. If you separately signed consent); or (2) by any other means in which you would be
      consent); or (2) by any other means in which you would be
 the portion of your application for this Account dealing legally considered to have allowed another to use your
      legally considered to have allowed another to use your
 with the creation of a security interest, you grant us a Account or be legally prevented from denying that you did
      Account or be legally prevented from denying that you did
 security  interest  in  all  present  and  future  shares  and so. You should think carefully before you allow someone to
      so. You should think carefully before you allow someone to
 deposits you have with us, whether you own them singly become an Authorized User (in any manner). By doing so,
      become an Authorized User (in any manner). By doing so,
 or own them jointly but have the right to withdraw from you authorize the person to use your Account to the same
      you authorize the person to use your Account to the same
 them without the consent of another person not obligated extent you can, including but not limited to making
      extent  you  can,  including  but  not  limited  to  making
 on the account to secure your Account. This grant does Purchases, Cash Advances, Balance Transfers and allowing
      Purchases, Cash Advances, Balance Transfers and allowing
 not apply to Individual Retirement Accounts and other others to use your Account. Your Account does not permit
      others to use your Account. Your Account does not permit
 accounts which provide tax benefits under state or federal you to limit the nature or amount of authority you give to
      you to limit the nature or amount of authority you give to
 laws. Upon default under this Agreement you agree that any Authorized User and you agree that you will not
      any Authorized  User  and  you  agree  that  you  will  not
 we may apply all of your shares and deposits subject to attempt to do so. An Authorized User�s authority will
      attempt  to  do  so. An Authorized  User�s  authority  will
 this security interest to pay amounts due on the Account continue until you both notify us that you are terminating
      continue until you both notify us that you are terminating
 under  this  Agreement.  You  also  agree  to  grant  us  a the authority and you physically retrieve the Card. If you
      the authority and you physically retrieve the Card. If you
 security  interest  in  collateral  (other  than  collateral cannot retrieve the Card, you will remain liable for any
      cannot retrieve the Card, you will remain liable for any
 consisting of (i) real estate that is your principal residence transactions we cannot prevent after you notify us.
      transactions we cannot prevent after you notify us.
 and (ii) household goods) securing other loans with us to 10. PAYMENTS. We will send you a statement every
       10. PAYMENTS. We will send you a statement every
 secure your Account. month showing your Previous Balances of purchases and
      month showing your Previous Balances of purchases and
 35. BUSINESS DAY. Our business days are Monday cash advances, the current transactions on your account, the
      cash advances, the current transactions on your account, the
 through Friday. Saturdays, Sundays and federal holidays remaining credit available under your Credit Line, the New
      remaining credit available under your Credit Line, the New
 are excluded. Balances of purchases and cash advances, the Total New
      Balances of purchases and cash advances, the Total New
 36.  GOVERNING LAW.  The  Agreement and your Balance, the FINANCE CHARGE due to date, and the
  Minimum Payment required. Every month you promise to Balance, the FINANCE CHARGE due to date, and the
 Account and any claim, dispute, or controversy arising from 
      Minimum Payment required. Every month you promise to
 or relating to this Agreement or your Account, whether based  pay at least the Minimum Payment on or before the due date
 on contract, tort, fraud, and other intentional torts, statute,  shown on pay at least the Minimum Payment on or before the due date your statement. You may, of course, pay more
      shown on your statement. You may, of course, pay more
 common law and/or equity, are governed by and construed in frequently, pay more than the Minimum Payment, or pay the
 accordance with the laws of the State of Michigan (without  Total New frequently, pay more than the Minimum Payment, or pay the Balance in full, and you will reduce the
      Total  New  Balance  in  full,  and  you  will  reduce  the
 regard  to  its  conflicts  of  laws principles or  rules) and  FINANCE CHARGE by doing so. The Minimum Payment
  will be either (a) 3% of your Total new Balance (rounded to FINANCE CHARGE by doing so. The Minimum Payment
 applicable  federal  laws.  The  legality,  enforceability  and 
 interpretation of this Agreement and the amounts contracted  the nearest will be either (a) 3% of your Total new Balance (rounded to dollar), or $25.00, whichever is greater, or (b)
 for, charged and received under this Agreement will be  your total New Balance, if it is less than $25.00 plus (c) any the nearest dollar), or $25.00, whichever is greater, or (b)
      your total New Balance, if it is less than $25.00 plus (c) any
              3
 10                3   501578_5B MIFCU1 12_24.QXD_Layout 1  12/28/11  1:38 PM  Page 4 501578_5B MIFCU1 12_24.QXD_Layout 1  4/11/12  1:26 PM  Page 9
      portion  of  the  Minimum  Payment(s)  shown  on  prior  tenth day after its due date, your account may be
      statement(s) which remains unpaid. In addition, at any time  charged, and you agree to pay, a LATE CHARGE
      your total New Balance exceeds your credit limit, you must  of $25.00. No further late charges will be imposed
      immediately pay the excess upon our demand. Any payment  after this Agreement has become due and payable
      check or other form of payment that you send us for less  in full due to default as specified in the section of
                                             the Agreement entitled �Default.� The charge shall
      than the full balance due that is marked �paid in full� or 
                                             be treated as a purchase on your monthly statement.
      contains a similar notation, or that you otherwise tender in 
                                            � Cash Advance Fee:  We will impose a fee on each 
      full satisfaction of a disputed amount, must be sent to the 
                                             cash advance transaction of either $10 or 3% of the 
      Credit Card Services Dispute Processing, P.O. Box 10409 
                                             amount of each cash advance, whichever is greater.
      Des  Moines,  IA  50306.  We  reserve  all  our  rights 
                                            � Returned Checks: If a check or share draft used to 
      regarding these payments (e.g., if it is determined that 
                                             make  a  payment  on  your  account  is  returned 
      there is no valid dispute or if any such check is received 
                                             unpaid,  your  account  may  be  charged,  and  you 
      at any other address, we may accept the check and you 
                                             agree to pay, a RETURNED CHECK CHARGE of 
      will still owe any remaining balance). We may refuse to 
                                             up to $25.00. The charge shall be treated as a purchase
      accept  any  such  payment  by  returning  it  to  you,  not 
                                             on your monthly statement.
      cashing it, or destroying it. All other payments that you 
                                            � Returned Electronic Funds Transfer Payments: If an
      make should be sent to the appropriate payment address.
                                             electronic funds transfer used to make a payment on 
       The Credit Union at its sole discretion, may give you
                                             your account is returned unpaid, your account may 
      the option of skipping one or more monthly credit card
                                             be charged, and you agree to pay, a RETURNED 
      payments during the calendar year. If you are eligible to
                                             ELECTRONIC FUNDS TRANSFER CHARGE of 
      skip a payment for any given month the minimum monthly
                                             up to $25.00. The charge shall be treated as a purchase 
      payment shown on your periodic statement will be zero. If
                                             on your monthly statement.
      you do so, interest charges on outstanding balances will
                                            � Draft Copy: Your account may be charged, and you
      continue to accrue during those months, but late charges
                                             agree to pay, $5.00 for each copy of a sales draft 
      will not be applied. Here�s the best part - you don�t even
                                             and $5.00 for each copy of a statement that you 
      need to apply.
                                             request  (except  when  such  request  is  made  in 
       11.  PAYMENT  ALLOCATION.  We  may  select  and
                                             connection with a billing error).
      change  the  method  by  which  payments  and  credits  are
                                            � Replacement Card: Your account may be charged, 
      allocated to your account at our sole discretion; however,
                                             and  you  agree  to  pay  a  fee  of  $10.00  for 
      payments will be allocated to billed amounts before they are
                                             replacement of Card(s).
      allocated to unbilled amounts (transactions incurred since
                                            � ATM Fees: Your account may be charged, and you 
      your last statement) and payments amounts in excess of the
                                             agree to pay, any ATM fees, including surcharges or
      required  minimum  monthly  payment  will  be  applied  to
                                             other  fees  imposed  by  a  financial  institution  or 
      higher rate balances before they are applied to lower rate
                                             network for transactions at ATMs.
      balances. Payment for more than the minimum amount due
                                            � International Transaction Fee: Your account may be 
      will be accepted as a single payment for the month; the charged,  and  you  agree  to  pay,  a  1%
      amount over the minimum is not applied toward future INTERNATIONAL TRANSACTION FEE on all 
      payments due.                          transactions  where  the  merchant  country  differs 
       12. FINANCE CHARGE. Your account is subject to a from the country of the card issuer (that is, for any 
      variable  rate.  Your  ANNUAL  PERCENTAGE  RATE transaction  outside  of  the  United  States).  The 
      (APR) may increase or decrease if the Index used by the converted  transaction  amount  will  be  shown 
      Credit Union increases or decreases. The Index is the separately from the International Transaction Fee 
      highest rate of interest indentified as the �Prime Rate� in on your billing statement. This fee will be assessed 
      the �Money Rates� section of The Wall Street Journal on on all international purchases, credit vouchers, and 
      the third business day preceding the end of the most cash disbursements. 
      recently concluded calendar quarter.  To determine the 31.  LIABILITY  FOR  FAILURE  TO  COMPLETE
      ANNUAL PERCENTAGE RATE that will apply to your TRANSACTIONS. We will not be liable for transactions
      account, a Margin is added to the value of the Index. Your that  are  not  completed  if  any  of  the  following
      Margin and the required disclosures of your ANNUAL circumstances apply:
      PERCENTAGE  RATE  and  corresponding  monthly � Through no fault of ours, you do not have sufficient
      periodic  rate  are  set  forth  in  the  �How Your Annual funds available in your credit line;
      Percentage Rate is Determined� section of the separate � The transaction would cause you to exceed your
      document provided to you referred to in Section 1. The credit limit;
      ANNUAL PERCENTAGE RATE can change quarterly � The ATM where you are requesting a cash advance
      on the first day of the billing cycles which begin in the does not have enough cash;
      months of January, April, July, and October. There is no � The terminal or system was not working properly
      limit  on  the  amount  by  which  the  ANNUAL and you knew of the malfunction at the time you
      PERCENTAGE  RATE  can  change  except  that  the initiated the transactions;
      ANNUAL  PERCENTAGE  RATE  will  never  be  more � Circumstances beyond our control (such as fire or
      than 25.00%.  In no event will the rate ever exceed the flood) prevent the transaction, despite reasonable
      maximum rate permitted by law.         precautions we have taken;
                  4                                    9 501578_5B MIFCU1 12_24.QXD_Layout 1  12/28/11  1:38 PM  Page 8 501578_5B MIFCU1 12_24.QXD_Layout 1  12/28/11  1:38 PM  Page 5
 merchant�s cancellation number. Any change in the ANNUAL PERCENTAGE RATE
 � Recurring Transactions � If you authorize a merchant affects your entire balance and is effective at the beginning
 to charge your Account for repeat transactions without of the first billing cycle which follows the change. The
 your Card, you must notify the merchant, and not us, Credit Union reserves the right to substitute a similar index
 when you want to discontinue the repeat transactions. if the index described above becomes unavailable.
 � Dispute Access � If you disagree with a transaction on The FINANCE CHARGE is calculated by applying the
 your statement or have a dispute with a merchant as a above  periodic  (monthly)  rate  to  the  Average  Daily
 result of a transaction, you agree to provide us with Balance (including new purchases). An �Average Daily
 information  and  assistance  we  reasonably  request. Principal Balance� is calculated separately for purchases
 Otherwise, you will pay us for any resulting loss we and cash advances and is determined as follows: For each
 have, unless we are prohibited by law from holding day  during  the  statement  period  (billing  cycle)  the
 you liable for our loss. principal  balances  of  purchases  and  of  cash  advances
 27. CARD AGREEMENT. You understand that your Visa from the previous day are increased by any purchases or
 Credit Card is issued by us, remains our property, and is cash  advances  posted  to  the  Account  that  day  and
 subject to rules governing ATM networks, which financial decreased  by  any  payments  or  credits  posted  to  the
 institutions must follow. The Cards are not transferable. By Account  that  day.  Such  daily  principal  balances  are
 using your Card, you are agreeing to the following additional separately totaled and then divided by the number of days
 terms: (1) To abide by the rules and regulations and those of in the statement period (billing cycle), resulting in the
 the participating ATM network as may be amended; (2) That �Average  Daily  Principal  Balances�  of  purchases  and
 we  and  the  ATM  network  may  follow  all  electronic cash advances shown on your statement.
 instructions given through the ATM; (3) that we may restrict You can avoid FINANCE CHARGES on purchases by
 the use of or terminate your Card at any time without notice paying the full amount of the New Balance of Purchases
 to prevent loss to your account or to the Credit Union; (4) each month on or before the payment due date shown on
 your Card may not be used for any illegal transaction. your monthly statement.  Otherwise, the New Balance of
 28. DAILY LIMITS. You agree to adhere to any daily Purchases, and subsequent purchases from the date they
 limits established by the Credit Union in conformance with are posted to your account, will be subject to FINANCE
 the ATM  network  agreement  and  which  are  subject  to CHARGE, except that if during the previous billing cycle
 modification to preserve the integrity of the ATM network you paid all amounts owing in full by the Payment Due
 and prevent loss to the Credit Union or its members. The Date, then in the current billing cycle you will have a free
 current daily limit is $500.00, the credit union may change interest period on the amount of the New Balance of
 this limit in its discretion and without prior notice. Purchases remaining from the previous billing cycle that
 29.  PERSONAL  IDENTIFICATION  NUMBER  (PIN). is paid by the Payment Due Date based on our payment
 Upon  request  we  will  furnish  you  with  a  Personal allocation method.
 Identification  Number  (PIN). You  agree  to  keep  the  PIN 13. PERIODIC STATEMENTS. We will send you a
 confidential. You also agree you won�t write the PIN on the statement every month showing your previous balance,
 Card or anything you keep with the Card. Your use of the PIN purchases and cash advances, payments made on your
 and Card in getting a Cash Advance or making a Purchase is account,  periodic  rate,  annual  percentage  rate,  finance
 agreed  to  constitute  your  signature  for  purposes  of  such charge and its method of computation, any other charges,
 transactions. You can also use your card together with your free interest period, payment due date, procedures for error
 Personal Identification Number (PIN) to get a Cash Advance resolution, Minimum Payment required, and the closing
 from  an  Automated  Teller  Machine  (ATM)  in  the  Visa date with corresponding New Balance for the billing cycle.
 Network,  to  get  a  Cash  Advance  from  a  Visa  financial You may not receive a statement on your Account if there
 institution, or to make a Purchase from a merchant that uses has been no activity or if collections procedures have been
 the  Card  in  an  electronic  terminal  that  accesses  the Visa initiated against you because you are in default. Each
 system. IF YOU FORGET OR DO NOT ENTER YOUR PIN statement is deemed to be a correct statement unless you
 CORRECTLY, THE ATM MAY KEEP YOUR CARD THE establish a billing error pursuant to the Federal Truth in
 THIRD TIME THE PIN IS ENTERED INCORRECTLY. Lending Act as described in this Agreement.
 THIS  PROCEDURE  IS  FOR  SECURITY  MEASURES. 14. DEFAULT. You will be in default and we may, to
 KEEP YOUR PIN IN A SECRET PLACE. If you authorize us the extent permitted by law, terminate your credit line and
 to issue a Card to anyone else for use through any electronic declare  the  entire  unpaid  balance  of  the  account
 access device, you are authorizing that individual to withdraw immediately due and payable, under any of the following
 funds from any account which can be accessed by that Card, conditions:
 regardless of whether that individual is authorized to withdraw � you  fail  to  make  the  minimum  payment  by  the
 money from the account by any other means. statement payment due date;
 30. FEES AND CHARGES. You agree to pay the various � you breach any other promises made in or conditions
 fees and charges related to this Agreement and included in of the Agreement and/or any other agreement with us;
 the Fee Schedule that is accessible to members upon request. � you use your card for an illegal transaction;
 You agree to pay any related charges that are imposed as a � if you become involved in any insolvency, receivership,
 result of your use of the Visa Credit Card or an ATM. Current guardianship, conservatorship, or any other proceeding
 fees associated with the Visa Credit Card include: which determines you are incapable of managing your
 � Late Payment: If the required minimum payment due financial affairs, including filing for Bankruptcy;
 under this Agreement is not received on or before the � you have made a false or misleading statement in your
 8                5   501578_5B MIFCU1 12_24.QXD_Layout 1  12/28/11  1:38 PM  Page 6 501578_5B MIFCU1 12_24.QXD_Layout 1  12/28/11  1:38 PM  Page 7
       credit application and/or in your representation to us notice sent to you at the last address shown for you in our
       while you owe money on your account; records. You agree to discontinue the use of the Cards, and
       � a judgment or tax lien is filed against you or any to return the Cards to us, at our request. 
       attachment or garnishment is issued against any of 22. CREDIT REPORTING AGENCIES. You authorize us
       your property or accounts, including anyone starting to investigate your credit standing when opening, renewing or
       an action or proposing to seize any of your funds on reviewing your Account, and you authorize us to disclose
       deposit with us;                   information regarding our experience with you under this
       � we in good faith determine that your creditworthiness Agreement  to consumer reporting  agencies,  bureaus  and
       (which includes your ability to repay us) has become other creditors. If you request it, we will provide the name
       unsatisfactory due to change in employment, increase and address of each consumer reporting agency used for this
       in your other obligations, or because of any other purpose.  If  you  believe  we  have  reported  inaccurate
       reason, time being of the very essence; information about you to a consumer reporting agency, please
       � you die; or                      notify us at Michigan First Credit Union, 27000 Evergreen
       � government action precludes us from imposing the Road, Lathrup Village, Michigan 48076. In doing so, please
       annual percentage rate or a government authority has identify the  inaccurate information  and  tell  us why  you
       notified  us  that  continued  advances  constitute  an believe it is incorrect. If you have a copy of the credit report
       unsafe and unsound practice.       that contains the alleged inaccurate information, please send
       In the event of any default, we may, at our option, us a copy of that report as well. You are hereby notified that
      declare  the  entire  balance  on  the  Account  to  be negative information  will  be provided to appropriate
      immediately due and payable. If you are in default we consumer reporting agencies if you fail to perform your
      may, instead of terminating your Account and declaring obligations under this agreement.
      the entire unpaid balance due and payable, suspend your 23. TRANSACTION SLIPS. Your periodic statement
      credit  privileges  but  not  declare  what  you  then  owe will identify the merchant, electronic terminal location, or
      immediately  due  and  payable.  If  we  do  the  latter,  we financial institution at which transactions were made, but
      reserve the right to later terminate the Account and declare sales,  cash  advances,  credit  or  other  slips  cannot  be
      the entire unpaid balance due and payable at any time returned with each statement. You must retain the copy of
      before you cure the default by paying all past due amounts. such slips furnished at the time of each transaction in order
       15. COLLECTION COSTS. You also agree that, in to verify the transactions listed on your statement. You
      case of default, you will pay all usual and customary costs agree to pay a reasonable fee for photocopies of transaction
      of collection permitted by law, including, but not limited slips that you request.
      to,  attorney  fees  and  expenses  incurred  by  us  in  the 24. CREDITS. If merchants who honor your Card give
      enforcement of this agreement.      you a credit for returns or adjustments, they will do so by
       16. DELAY OR FAILURE TO ENFORCE. We do not processing a credit which we will post to your Account. You
      lose our rights under this or any related agreement if we should keep your copy of the credit slip to verify your
      delay or fail to enforce them. We can accept late payments monthly statement. If your credits and payments exceed
      or partial payments without losing any of our rights under what you owe us on the Account we will credit such excess
      this Agreement.                     to the Account and, if the amount is $1.00 or more, we will
       17. NOTIFICATION OF ADDRESS CHANGE. You credit it to your share account after two (2) months or upon
      agree to notify us promptly if you change your name, your written request.
      street address, email address or telephone number. 25. FOREIGN TRANSACTIONS. Purchases and cash
       18. ADDRESS FOR NOTICES TO US. All notices advances made in foreign countries and foreign currencies
      under this Agreement must be in writing and mailed to will be billed to you in U.S. dollars. The exchange rate for
      Michigan  First  Credit  Union,  27000  Evergreen  Road, transactions in a foreign currency will be a rate selected by
      Lathrup Village, Michigan 48076.    Visa from the range of rates available in wholesale currency
       19. CHANGE IN TERMS. From time to time, we may markets for the applicable central processing date, which rate
      amend this Agreement by mailing a written notice of the may  vary  from  the  rate  Visa  itself  receives,  or  the
      amendment to you at the last address shown for you in our government mandated rate in effect for the applicable central
      records. In the event the terms we are changing require processing date. In addition, as provided in Section 30, we
      advance  notice  by  law,  we  will  comply  with  the will separately bill you a 1% International Transaction Fee.
      requirements of that law.            26. TRANSACTIONS WITH MERCHANTS. 
       20. YOU MAY CANCEL THE ACCOUNT. You may � Return Policies � If a merchant discloses a policy
      cancel the account whenever you choose. If you do, you such as but not limited to �no returns,� �no refunds,�
      agree to cut each Card in half and return it to us at the �as is,� or �all sales final� you will be bound by that
      address  shown  in  Section  18  above,  along  with  your policy when you use your Account to buy goods or
      written notification that you wish to cancel the Account. services from that merchant.
      Such cancellation will become effective within five days � Reservations � When using your Account to make a
      after  the  notice  is  received  by  us.  You  will  still  be travel or lodging reservation, obtain the merchant�s
      responsible for the repayment of any outstanding balance cancellation  policy  and  follow  it  if  you  wish  to
      on your Account and any other amounts that have not yet cancel.  If  you  cancel,  obtain  the  merchant�s
      been billed to you.                    cancellation number that is required to be provided
       21. WE MAY CANCEL THE ACCOUNT. We have to you. The merchant may charge you for a cancelled
      the right to cancel the Account at any time upon written transaction  unless  you  can  provide  us  with  the
                  6                                    7 501578_5B MIFCU1 12_24.QXD_Layout 1  12/28/11  1:38 PM  Page 6 501578_5B MIFCU1 12_24.QXD_Layout 1  12/28/11  1:38 PM  Page 7
 credit application and/or in your representation to us notice sent to you at the last address shown for you in our
 while you owe money on your account; records. You agree to discontinue the use of the Cards, and
 � a judgment or tax lien is filed against you or any to return the Cards to us, at our request. 
 attachment or garnishment is issued against any of 22. CREDIT REPORTING AGENCIES. You authorize us
 your property or accounts, including anyone starting to investigate your credit standing when opening, renewing or
 an action or proposing to seize any of your funds on reviewing your Account, and you authorize us to disclose
 deposit with us; information regarding our experience with you under this
 � we in good faith determine that your creditworthiness Agreement  to  consumer  reporting  agencies,  bureaus  and
 (which includes your ability to repay us) has become other creditors. If you request it, we will provide the name
 unsatisfactory due to change in employment, increase and address of each consumer reporting agency used for this
 in your other obligations, or because of any other purpose.  If  you  believe  we  have  reported  inaccurate
 reason, time being of the very essence; information about you to a consumer reporting agency, please
 � you die; or notify us at Michigan First Credit Union, 27000 Evergreen
 � government action precludes us from imposing the Road, Lathrup Village, Michigan 48076. In doing so, please
 annual percentage rate or a government authority has identify  the  inaccurate  information  and  tell  us  why  you
 notified  us  that  continued  advances  constitute  an believe it is incorrect. If you have a copy of the credit report
 unsafe and unsound practice. that contains the alleged inaccurate information, please send
 In the event of any default, we may, at our option, us a copy of that report as well. You are hereby notified that
 declare  the  entire  balance  on  the  Account  to  be negative  information  will  be  provided  to  appropriate
 immediately due and payable. If you are in default we consumer reporting agencies if you fail to perform your
 may, instead of terminating your Account and declaring obligations under this agreement.
 the entire unpaid balance due and payable, suspend your 23. TRANSACTION SLIPS. Your periodic statement
 credit privileges but  not  declare  what you  then owe will identify the merchant, electronic terminal location, or
 immediately  due  and  payable.  If we do the  latter,  we financial institution at which transactions were made, but
 reserve the right to later terminate the Account and declare sales,  cash  advances,  credit  or  other  slips  cannot  be
 the entire unpaid balance due and payable at any time returned with each statement. You must retain the copy of
 before you cure the default by paying all past due amounts. such slips furnished at the time of each transaction in order
 15. COLLECTION COSTS. You also agree that, in to verify the transactions listed on your statement. You
 case of default, you will pay all usual and customary costs agree to pay a reasonable fee for photocopies of transaction
 of collection permitted by law, including, but not limited slips that you request.
 to,  attorney  fees  and  expenses  incurred  by  us  in  the 24. CREDITS. If merchants who honor your Card give
 enforcement of this agreement. you a credit for returns or adjustments, they will do so by
 16. DELAY OR FAILURE TO ENFORCE. We do not processing a credit which we will post to your Account. You
 lose our rights under this or any related agreement if we should keep your copy of the credit slip to verify your
 delay or fail to enforce them. We can accept late payments monthly statement. If your credits and payments exceed
 or partial payments without losing any of our rights under what you owe us on the Account we will credit such excess
 this Agreement. to the Account and, if the amount is $1.00 or more, we will
 17. NOTIFICATION OF ADDRESS CHANGE. You credit it to your share account after two (2) months or upon
 agree to notify us promptly if you change your name, your written request.
 street address, email address or telephone number. 25. FOREIGN TRANSACTIONS. Purchases and cash
 18. ADDRESS FOR NOTICES TO US. All notices advances made in foreign countries and foreign currencies
 under this Agreement must be in writing and mailed to will be billed to you in U.S. dollars. The exchange rate for
 Michigan  First  Credit  Union,  27000  Evergreen  Road, transactions in a foreign currency will be a rate selected by
 Lathrup Village, Michigan 48076. Visa from the range of rates available in wholesale currency
 19. CHANGE IN TERMS. From time to time, we may markets for the applicable central processing date, which rate
 amend this Agreement by mailing a written notice of the may  vary  from  the  rate  Visa  itself  receives,  or  the
 amendment to you at the last address shown for you in our government mandated rate in effect for the applicable central
 records. In the event the terms we are changing require processing date. In addition, as provided in Section 30, we
 advance  notice  by  law,  we  will  comply  with  the will separately bill you a 1% International Transaction Fee.
 requirements of that law.  26. TRANSACTIONS WITH MERCHANTS.
 20. YOU MAY CANCEL THE ACCOUNT. You may � Return Policies � If a merchant discloses a policy
 cancel the account whenever you choose. If you do, you such as but not limited to �no returns,� �no refunds,�
 agree to cut each Card in half and return it to us at the �as is,� or �all sales final� you will be bound by that
 address  shown  in  Section  18  above,  along  with  your policy when you use your Account to buy goods or
 written notification that you wish to cancel the Account. services from that merchant.
 Such cancellation will become effective within five days � Reservations � When using your Account to make a
 after  the  notice  is  received  by  us.  You  will  still  be travel or lodging reservation, obtain the merchant�s
 responsible for the repayment of any outstanding balance cancellation  policy  and  follow  it  if  you  wish  to
 on your Account and any other amounts that have not yet cancel.  If  you  cancel,  obtain  the  merchant�s
 been billed to you. cancellation number that is required to be provided
 21. WE MAY CANCEL THE ACCOUNT. We have to you. The merchant may charge you for a cancelled
 the right to cancel the Account at any time upon written transaction  unless  you  can  provide  us  with  the
 6                7   501578_5B MIFCU1 12_24.QXD_Layout 1  12/28/11  1:38 PM  Page 8 501578_5B MIFCU1 12_24.QXD_Layout 1  12/28/11  1:38 PM  Page 5
        merchant�s cancellation number.    Any change in the ANNUAL PERCENTAGE RATE
        � Recurring Transactions � If you authorize a merchant affects your entire balance and is effective at the beginning
        to charge your Account for repeat transactions without of the first billing cycle which follows the change. The
        your Card, you must notify the merchant, and not us, Credit Union reserves the right to substitute a similar index
        when you want to discontinue the repeat transactions. if the index described above becomes unavailable.
        � Dispute Access � If you disagree with a transaction on The FINANCE CHARGE is calculated by applying the
        your statement or have a dispute with a merchant as a above  periodic  (monthly)  rate  to  the  Average  Daily
        result of a transaction, you agree to provide us with Balance (including new purchases). An �Average Daily
        information  and  assistance  we  reasonably  request. Principal Balance� is calculated separately for purchases
        Otherwise, you will pay us for any resulting loss we and cash advances and is determined as follows: For each
        have, unless we are prohibited by law from holding day  during  the  statement  period  (billing  cycle)  the
        you liable for our loss.          principal  balances  of  purchases  and  of  cash  advances
       27. CARD AGREEMENT. You understand that your Visa  from the previous day are increased by any purchases or
      Credit Card is issued by us, remains our property, and is  cash  advances  posted  to  the  Account  that  day  and
      subject to rules governing ATM networks, which financial  decreased  by  any  payments  or  credits  posted  to  the
      institutions must follow. The Cards are not transferable. By  Account  that  day.  Such  daily  principal  balances  are
      using your Card, you are agreeing to the following additional  separately totaled and then divided by the number of days
      terms: (1) To abide by the rules and regulations and those of  in the statement period (billing cycle), resulting in the
      the participating ATM network as may be amended; (2) That  �Average  Daily  Principal  Balances�  of  purchases  and
      we  and  the  ATM  network  may  follow  all  electronic  cash advances shown on your statement.
      instructions given through the ATM; (3) that we may restrict  You can avoid FINANCE CHARGES on purchases by
      the use of or terminate your Card at any time without notice  paying the full amount of the New Balance of Purchases
      to prevent loss to your account or to the Credit Union; (4)  each month on or before the payment due date shown on
      your Card may not be used for any illegal transaction. your monthly statement.  Otherwise, the New Balance of
       28. DAILY LIMITS. You agree to adhere to any daily  Purchases, and subsequent purchases from the date they
      limits established by the Credit Union in conformance with  are posted to your account, will be subject to FINANCE
      the  ATM  network  agreement  and  which  are  subject  to  CHARGE, except that if during the previous billing cycle
      modification to preserve the integrity of the ATM network  you paid all amounts owing in full by the Payment Due
      and prevent loss to the Credit Union or its members. The  Date, then in the current billing cycle you will have a free
      current daily limit is $800.00, the credit union may change  interest period on the amount of the New Balance of
      this limit in its discretion and without prior notice. Purchases remaining from the previous billing cycle that
       29.  PERSONAL  IDENTIFICATION  NUMBER  (PIN).  is paid by the Payment Due Date based on our payment
      Upon  request  we  will  furnish  you  with  a  Personal  allocation method.
      Identification  Number  (PIN).  You  agree  to  keep  the  PIN  13. PERIODIC STATEMENTS. We will send you a
      confidential. You also agree you won�t write the PIN on the  statement every month showing your previous balance,
      Card or anything you keep with the Card. Your use of the PIN  purchases and cash advances, payments made on your
      and Card in getting a Cash Advance or making a Purchase is  account,  periodic rate,  annual percentage rate,  finance
      agreed  to  constitute  your  signature  for  purposes  of  such  charge and its method of computation, any other charges,
      transactions. You can also use your card together with your  free interest period, payment due date, procedures for error
      Personal Identification Number (PIN) to get a Cash Advance  resolution, Minimum Payment required, and the closing
      from  an  Automated  Teller  Machine  (ATM)  in  the  Visa  date with corresponding New Balance for the billing cycle.
      Network,  to  get  a  Cash  Advance  from  a  Visa  financial  You may not receive a statement on your Account if there
      institution, or to make a Purchase from a merchant that uses  has been no activity or if collections procedures have been
      the  Card  in  an  electronic  terminal  that  accesses  the Visa  initiated against you because you are in default. Each
      system. IF YOU FORGET OR DO NOT ENTER YOUR PIN  statement is deemed to be a correct statement unless you
      CORRECTLY, THE ATM MAY KEEP YOUR CARD THE  establish a billing error pursuant to the Federal Truth in
      THIRD TIME THE PIN IS ENTERED INCORRECTLY.  Lending Act as described in this Agreement.
      THIS  PROCEDURE  IS  FOR  SECURITY  MEASURES.  14. DEFAULT. You will be in default and we may, to
      KEEP YOUR PIN IN A SECRET PLACE. If you authorize us  the extent permitted by law, terminate your credit line and
      to issue a Card to anyone else for use through any electronic  declare  the  entire  unpaid  balance  of  the  account
      access device, you are authorizing that individual to withdraw  immediately due and payable, under any of the following
      funds from any account which can be accessed by that Card,  conditions:
      regardless of whether that individual is authorized to withdraw  � you  fail  to  make  the  minimum  payment  by  the
      money from the account by any other means. statement payment due date;
       30. FEES AND CHARGES. You agree to pay the various  � you breach any other promises made in or conditions
      fees and charges related to this Agreement and included in  of the Agreement and/or any other agreement with us;
      the Fee Schedule that is accessible to members upon request.  � you use your card for an illegal transaction;
      You agree to pay any related charges that are imposed as a  � if you become involved in any insolvency, receivership,
      result of your use of the Visa Credit Card or an ATM. Current  guardianship, conservatorship, or any other proceeding
      fees associated with the Visa Credit Card include: which determines you are incapable of managing your
        � Late Payment: If the required minimum payment due financial affairs, including filing for Bankruptcy;
        under this Agreement is not received on or before the � you have made a false or misleading statement in your
                   8                                   5 501578_5B MIFCU1 12_24.QXD_Layout 1  12/28/11  1:38 PM  Page 4 501578_5B MIFCU1 12_24.QXD_Layout 1  4/11/12  1:26 PM  Page 9
 portion  of  the  Minimum  Payment(s)  shown  on  prior  tenth day after its due date, your account may be
 statement(s) which remains unpaid. In addition, at any time  charged, and you agree to pay, a LATE CHARGE
 your total New Balance exceeds your credit limit, you must  of $25.00. No further late charges will be imposed
 immediately pay the excess upon our demand. Any payment  after this Agreement has become due and payable
 check or other form of payment that you send us for less  in full due to default as specified in the section of
         the Agreement entitled �Default.� The charge shall
 than the full balance due that is marked �paid in full� or 
         be treated as a purchase on your monthly statement.
 contains a similar notation, or that you otherwise tender in 
        � Cash Advance Fee:  We will impose a fee on each 
 full satisfaction of a disputed amount, must be sent to the 
         cash advance transaction of either $10 or 3% of the 
 Credit Card Services Dispute Processing, P.O. Box 10409 
         amount of each cash advance, whichever is greater.
 Des  Moines,  IA  50306.  We  reserve  all  our  rights 
        � Returned Checks: If a check or share draft used to 
 regarding these payments (e.g., if it is determined that 
         make a payment on your account is  returned 
 there is no valid dispute or if any such check is received 
         unpaid, your account may be charged, and  you 
 at any other address, we may accept the check and you 
         agree to pay, a RETURNED CHECK CHARGE of 
 will still owe any remaining balance). We may refuse to 
         up to $31.00. The charge shall be treated as a purchase 
 accept  any  such  payment  by  returning  it  to  you,  not 
         on your monthly statement.
 cashing it, or destroying it. All other payments that you 
        � Returned Electronic Funds Transfer Payments: If an 
 make should be sent to the appropriate payment address.
         electronic funds transfer used to make a payment on 
 The Credit Union at its sole discretion, may give you
         your account is returned unpaid, your account may 
 the option of skipping one or more monthly credit card
         be charged, and you agree to pay, a RETURNED 
 payments during the calendar year. If you are eligible to
         ELECTRONIC FUNDS TRANSFER CHARGE of 
 skip a payment for any given month the minimum monthly
         up to $31.00. The charge shall be treated as a purchase 
 payment shown on your periodic statement will be zero. If
         on your monthly statement.
 you do so, interest charges on outstanding balances will
        � Draft Copy: Your account may be charged, and you 
 continue to accrue during those months, but late charges
         agree to pay, $5.00 for each copy of a sales draft 
 will not be applied. Here�s the best part - you don�t even
         and $5.00 for each copy of a statement that you 
 need to apply.
         request (except when such request is made  in 
 11.  PAYMENT  ALLOCATION.  We  may  select  and
         connection with a billing error).
 change  the  method  by  which  payments  and  credits  are
        � Replacement Card: Your account may be charged, 
 allocated to your account at our sole discretion; however,
         and you agree to pay a fee of $12.00  for 
 payments will be allocated to billed amounts before they are
         replacement of Card(s).
 allocated to unbilled amounts (transactions incurred since
        � ATM Fees: Your account may be charged, and you 
 your last statement) and payments amounts in excess of the
         agree to pay, any ATM fees, including surcharges or 
 required  minimum  monthly  payment  will  be  applied  to
         other fees imposed by a financial institution  or 
 higher rate balances before they are applied to lower rate
         network for transactions at ATMs.
 balances. Payment for more than the minimum amount due
        � International Transaction Fee: Your account may be 
 will be accepted as a single payment for the month; the charged, and you agree to pay, a  1%
 amount over the minimum is not applied toward future INTERNATIONAL TRANSACTION FEE on all 
 payments due. transactions where the merchant country  differs 
 12. FINANCE CHARGE. Your account is subject to a from the country of the card issuer (that is, for any 
 variable  rate.  Your  ANNUAL  PERCENTAGE  RATE transaction outside of the United States).  The 
 (APR) may increase or decrease if the Index used by the converted transaction amount will be  shown 
 Credit Union increases or decreases. The Index is the separately from the International Transaction Fee 
 highest rate of interest indentified as the �Prime Rate� in on your billing statement. This fee will be assessed 
 the �Money Rates� section of The Wall Street Journal on on all international purchases, credit vouchers, and 
 the third business day preceding the end of the most cash disbursements.  
 recently concluded calendar quarter.  To determine the 31.  LIABILITY  FOR  FAILURE  TO  COMPLETE
 ANNUAL PERCENTAGE RATE that will apply to your TRANSACTIONS. We will not be liable for transactions
 account, a Margin is added to the value of the Index. Your that  are  not  completed  if  any  of  the  following
 Margin and the required disclosures of your ANNUAL circumstances apply:
 PERCENTAGE  RATE  and  corresponding  monthly � Through no fault of ours, you do not have sufficient
 periodic  rate  are  set  forth  in  the  �How Your Annual funds available in your credit line;
 Percentage Rate is Determined� section of the separate � The transaction would cause you to exceed your
 document provided to you referred to in Section 1. The credit limit;
 ANNUAL PERCENTAGE RATE can change quarterly � The ATM where you are requesting a cash advance
 on the first day of the billing cycles which begin in the does not have enough cash;
 months of January, April, July, and October. There is no � The terminal or system was not working properly
 limit  on  the  amount  by  which  the  ANNUAL and you knew of the malfunction at the time you
 PERCENTAGE  RATE  can  change  except  that  the initiated the transactions;
 ANNUAL  PERCENTAGE  RATE  will  never  be  more � Circumstances beyond our control (such as fire or
 than 25.00%.  In no event will the rate ever exceed the flood) prevent the transaction, despite reasonable
 maximum rate permitted by law. precautions we have taken;
 4                9                                       501578_5B MIFCU1 12_24.QXD_Layout 1  12/28/11  1:38 PM  Page 3
        � Your Card is retained by the ATM; thereof, be separately billed as an in house arrangement or thereof, be separately billed as an in house arrangement or
        � Your Card or PIN has been reported lost or stolen included within any other open-end credit plan you have included within any other open-end credit plan you have
         and your account has been blocked or frozen; with us, with collection to be at the same rate and under the with us, with collection to be at the same rate and under the
        � Your account is in default;  same  terms  same  and  terms  conditions  and  conditions  as  provided  as  provided  for  in  this for  in  this
        � You  or  anyone  authorized  by  you  to  conduct  a Agreement. You may terminate this Agreement, at any time Agreement. You may terminate this Agreement, at any time
         transaction commits fraud or violates any laws or and  for  and  any  for  reason,  any  by  reason,  giving  by  us  giving  written  us  notice. written  notice.
         regulations; or              Nevertheless, termination by you or by us does not affect Nevertheless, termination by you or by us does not affect
        � You fail to follow the instructions on the screen or your obligation to pay all debts and FINANCE CHARGE your obligation to pay all debts and FINANCE CHARGE
         terminal.                    thereon arising from authorized use of your Card. The Cards thereon arising from authorized use of your Card. The Cards
       32. LIABILITY FOR UNAUTHORIZED USE. You remain our property and you must recover and surrender to remain our property and you must recover and surrender to
      may be liable for the unauthorized use of your credit card. us all Cards upon our request or upon termination of this us all Cards upon our request or upon termination of this
      You will not be liable for unauthorized use that occurs Agreement. Agreement.
      after  you  notify  Michigan  First  Credit  Union  at  the 8. JOINT ACCOUNTS. If more than one person signed 8. JOINT ACCOUNTS. If more than one person signed
      address or telephone number set forth below. You must the application, each person who signed it promises to pay the application, each person who signed it promises to pay
      notify us orally or in writing of the loss, theft, or possible all amounts owed to us under this Agreement. Each of you all amounts owed to us under this Agreement. Each of you
      unauthorized  use.  In  any  case,  your  liability  will  not authorizes the other(s) to make purchases, withdrawals or authorizes the other(s) to make purchases, withdrawals or
      exceed $50.00. Notify us at:    cash advances individually. Any one of you may cancel the cash advances individually. Any one of you may cancel the
           Card Services Dispute Processing  Account. The cancellation will be effective to all of you. Account. The cancellation will be effective to all of you.
               P.O. Box 10409         Each of you is jointly and severally obligated. This means Each of you is jointly and severally obligated. This means
              Des Moines, IA 50306
                                      that we may collect money owed to us from each of you or
                866-570-1238              that we may collect money owed to us from each of you or
                                      from  all  from  of  you  all  regardless  of  you  regardless  of  your 
                  Or                                    of  current  your  domestic current  domestic
                                      relationship or other legal proceedings. In any event, all of
            Michigan First Credit Union   relationship or other legal proceedings. In any event, all of
                                      you will continue to be jointly and severally obligated until
              27000 Evergreen Road        you will continue to be jointly and severally obligated until
           Lathrup Village, Michigan 48076  all Cards are returned and the debt is extinguished. all Cards are returned and the debt is extinguished.
                800-664-3828           9. AUTHORIZED USERS. You may allow Authorized 9. AUTHORIZED USERS. You may allow Authorized
       33. LIMITATIONS OF RESPONSIBILITY. We will not Users  on  your Account  by  notifying  us  that  you  want
                                          Users  on  your Account  by  notifying  us  that  you  want
      be responsible for merchandise or services purchased by someone added to the account as an Authorized User and
                                          someone added to the account as an Authorized User and
      you with the Card. We are not liable for the refusal or obtaining our consent. Additionally, though not allowed,
                                          obtaining our consent. Additionally, though not allowed,
      inability of merchants, financial institutions and others to you will be deemed to have personally authorized another
                                          you will be deemed to have personally authorized another
      accept your card(s) or electronic terminals to honor them or user in the following ways: (1) by lending your Card or
                                          user in the following ways: (1) by lending your Card or
      complete a transaction, or for their retention of the Card(s). Account  Number  to  another  (without  our  required
                                          Account  Number  to  another  (without  our  required
       34. SECURITY INTEREST. If you separately signed consent); or (2) by any other means in which you would be
                                          consent); or (2) by any other means in which you would be
      the portion of your application for this Account dealing legally considered to have allowed another to use your
                                          legally considered to have allowed another to use your
      with the creation of a security interest, you grant us a Account or be legally prevented from denying that you did
                                          Account or be legally prevented from denying that you did
      security  interest  in  all  present  and  future  shares  and so. You should think carefully before you allow someone to
                                          so. You should think carefully before you allow someone to
      deposits you have with us, whether you own them singly become an Authorized User (in any manner). By doing so,
                                          become an Authorized User (in any manner). By doing so,
      or own them jointly but have the right to withdraw from you authorize the person to use your Account to the same
                                          you authorize the person to use your Account to the same
      them without the consent of another person not obligated extent  you  can,  including  but  not  limited  to  making
                                          extent  you  can,  including  but  not  limited  to  making
      on the account to secure your Account. This grant does Purchases, Cash Advances, Balance Transfers and allowing
                                          Purchases, Cash Advances, Balance Transfers and allowing
      not apply to Individual Retirement Accounts and other others to use your Account. Your Account does not permit
                                          others to use your Account. Your Account does not permit
      accounts which provide tax benefits under state or federal you to limit the nature or amount of authority you give to
                                          you to limit the nature or amount of authority you give to
      laws. Upon default under this Agreement you agree that any Authorized  User  and  you  agree  that  you  will  not
                                          any Authorized  User  and  you  agree  that  you  will  not
      we may apply all of your shares and deposits subject to attempt  to  do  so. An Authorized  User�s  authority  will
                                          attempt  to  do  so. An Authorized  User�s  authority  will
      this security interest to pay amounts due on the Account continue until you both notify us that you are terminating
                                          continue until you both notify us that you are terminating
      under  this  Agreement.  You  also  agree  to  grant  us  a the authority and you physically retrieve the Card. If you
                                          the authority and you physically retrieve the Card. If you
      security  interest  in  collateral  (other  than  collateral cannot retrieve the Card, you will remain liable for any
                                          cannot retrieve the Card, you will remain liable for any
      consisting of (i) real estate that is your principal residence transactions we cannot prevent after you notify us.
                                          transactions we cannot prevent after you notify us.
      and (ii) household goods) securing other loans with us to 10. PAYMENTS. We will send you a statement every
                                            10. PAYMENTS. We will send you a statement every
      secure your Account.            month showing your Previous Balances of purchases and
                                          month showing your Previous Balances of purchases and
       35. BUSINESS DAY. Our business days are Monday cash advances, the current transactions on your account, the
                                          cash advances, the current transactions on your account, the
      through Friday. Saturdays, Sundays and federal holidays remaining credit available under your Credit Line, the New
                                          remaining credit available under your Credit Line, the New
      are excluded.                   Balances of purchases and cash advances, the Total New
                                          Balances of purchases and cash advances, the Total New
       36.  GOVERNING  LAW.  The  Agreement  and  your Balance, the FINANCE CHARGE due to date, and the
      Account and any claim, dispute, or controversy arising from  Minimum Payment required. Every month you promise to Balance, the FINANCE CHARGE due to date, and the
                                      pay at least the Minimum Payment on or before the due date Minimum Payment required. Every month you promise to
      or relating to this Agreement or your Account, whether based 
      on contract, tort, fraud, and other intentional torts, statute,  shown on your statement. You may, of course, pay more pay at least the Minimum Payment on or before the due date
                                          shown on your statement. You may, of course, pay more
      common law and/or equity, are governed by and construed in  frequently, pay more than the Minimum Payment, or pay the
                                          frequently, pay more than the Minimum Payment, or pay the
      accordance with the laws of the State of Michigan (without  Total  New  Balance  in  full,  and  you  will  reduce  the
                                      FINANCE CHARGE by doing so. The Minimum Payment Total  New  Balance  in  full,  and  you  will  reduce  the
      regard  to  its  conflicts  of  laws  principles  or  rules)  and 
      applicable  federal  laws.  The  legality,  enforceability  and  will be either (a) 3% of your Total new Balance (rounded to FINANCE CHARGE by doing so. The Minimum Payment
      interpretation of this Agreement and the amounts contracted  the nearest dollar), or $25.00, whichever is greater, or (b) will be either (a) 3% of your Total new Balance (rounded to
      for, charged and received under this Agreement will be  your total New Balance, if it is less than $25.00 plus (c) any the nearest dollar), or $25.00, whichever is greater, or (b)
                                          your total New Balance, if it is less than $25.00 plus (c) any
                                                   3
                  10                                   3 501578_5B MIFCU1 12_24.QXD_Layout 1  12/28/11  1:38 PM  Page 2
 if a particular Visa plan merchant or financial institution if a particular Visa plan merchant or financial institution governed by such laws. This Agreement is entered into
 refuses to honor your Card. You can receive a copy of any refuses to honor your Card. You can receive a copy of any between you and us in the State of Michigan, and we make 
 draft you sign or a corresponding transaction slip when draft you sign or a corresponding transaction slip when credit decisions under this Agreement from the State of 
 using the Card. You should retain all such items to verify using the Card. You should retain all such items to verify Michigan.  You  further  consent  to  the  jurisdiction  and 
 your monthly statement. We will upon request furnish you your monthly statement. We will upon request furnish you venue of the State or Federal Courts having jurisdiction 
 with a copy of a draft for a charge per copy; however, with a copy of a draft for a charge per copy; however, over  the  City  of  Lathrup  Village,  Oakland  County, 
 there will be no charge in cases involving error resolution. there will be no charge in cases involving error resolution. Michigan.
 You may use your Card to make purchases and cash You may use your Card to make purchases and cash 37. ASSIGNMENT. We may sell, assign or transfer all
 advances  primarily  for  personal,  family,  or  household advances  primarily  for  personal,  family,  or  household or any portion of your Account, or any balance due under
 purposes. In addition, you may obtain cash advances from purposes. In addition, you may obtain cash advances from your Account, without prior notice to you. You may not
 the Credit Union or from other financial institutions that the Credit Union or from other financial institutions that sell, assign or transfer your Account or any obligations
 accept  Visa  accept  Visa  Cards  or  ATMs  Cards  or  ATMs  that  accept  Visa  that  accept  Visa  Cards. Cards. under this Agreement.
 Whenever you request a transaction, you may be required Whenever you request a transaction, you may be required 38. LOST/STOLEN CARDS. You agree to notify us
 to  prove  to  your  prove  identity.  your  identity.  When  the  When  amount  the  amount  advanced advanced immediately upon discovering that your Card has been lost
 appears  appears  on  a  subsequent  on  a  subsequent  statement,  statement,  that  statement that  statement or stolen by calling us at 800-449-7728 or 800-664-3828.
 reference will be conclusive evidence of the request. To reference will be conclusive evidence of the request. To 39. INFORMATION  ABOUT  YOU  AND  YOUR
 obtain an advance at an ATM you must use a Personal obtain an advance at an ATM you must use a Personal ACCOUNT. We will not disclose your non-public personal
 Identification Number (PIN) that was issued for use with Identification Number (PIN) that was issued for use with information to unaffiliated third parties except as otherwise
 the Card. the Card. permitted or authorized by law. Please refer to our Privacy
 5. ILLEGAL TRANSACTIONS. You agree that you 5. ILLEGAL TRANSACTIONS. You agree that you Policy Notice for a full explanation of how we protect your
 will only use your Account for transactions that are legal will only use your Account for transactions that are legal information. You may obtain a copy of our Privacy Policy
 where you reside. Display of a payment card logo by an on- where you reside. Display of a payment card logo by an on- Notice by calling us at 800-664-3828.
 line merchant does not mean that the transaction with that line merchant does not mean that the transaction with that 40. BENEFITS AND PROGRAMS. We may from time to
 merchant is legal where you reside. You agree not to use merchant is legal where you reside. You agree not to use time  offer  additional  services  to  your  Accounts  or  special
 your Card for any illegal transactions. We will not be liable your Card for any illegal transactions. We will not be liable programs related to you being a Cardholder, such as travel
 if you engage in any illegal transactions. if you engage in any illegal transactions. accident insurances, at no additional cost to you. You understand
 6. PROMISE TO PAY. You promise to repay to us all 6. PROMISE TO PAY. You promise to repay to us all and agree that we are not obligated to offer such services or
 debts and the FINANCE CHARGE thereon arising from debts and the FINANCE CHARGE thereon arising from programs and may withdraw or change them at any time.
 any authorized use of the Card. You agree not to let any authorized use of the Card. You agree not to let 41. SEVERABILITY. If any provision of this Agreement
 someone else use the card without our consent. If the someone else use the card without our consent. If the is determined to be void or unenforceable under applicable
 application was signed by two persons, the Account is application was signed by two persons, the Account is law,  regulation,  or  rule,  all  other  provisions  of  this
 joint; that is, each of you, separately and jointly with each joint; that is, each of you, separately and jointly with each Agreement shall be valid and enforceable.
 other, is liable for all debts on the Account and FINANCE other, is liable for all debts on the Account and FINANCE 42. ENTIRE AGREEMENT/EFFECT OF AGREEMENT.
 CHARGE(S). Your obligation to pay all such debts and CHARGE(S). Your obligation to pay all such debts and This Agreement, together with any application you signed or
 FINANCE  FINANCE  CHARGE(S)  CHARGE(S)  continues  continues  even  though  even  though  an an otherwise submitted in connection with the Account and any
 agreement,  divorce  decree  or  other  court  judgment  to agreement,  divorce  decree  or  other  court  judgment  to mailer/document sent to you with your Card (all of which are
 which we are not a party may direct that only one of you, which we are not a party may direct that only one of you, hereby  incorporated  by  reference  in  this  Agreement),
 or some person other than you (or both of you), must pay or some person other than you (or both of you), must pay constitutes the entire agreement between you and us relating
 such debts and FINANCE CHARGE.  such debts and FINANCE CHARGE.  to  your  Account,  supercedes  any  other  prior  or
 7. CREDIT LINE. When we approved your application, 7. CREDIT LINE. When we approved your application, contemporaneous agreement between you and us relating to
 we established a self-replenishing line of credit for you and we established a self-replenishing line of credit for you and your Account, and applies to every transaction relating to the
 notified you of the amount thereof (�credit limit�) in the notified you of the amount thereof (�credit limit�) in the Account even though a sales or cash advance draft you sign
      or a credit slip may contain different terms. This Agreement
 document your Card/s were attached to. That document is document your Card/s were attached to. That document is
      may  not  be  amended  except  in  accordance  with  the
 hereby incorporated herein as part of this Agreement. You hereby incorporated herein as part of this Agreement. You
 agree not to let your Account Balance exceed such amount, provisions  of  this  Agreement.  You  further  acknowledge
 agree not to let your Account Balance exceed such amount,
      receipt of a copy of this Agreement.
 and you agree to pay us the total amount over the credit limit and you agree to pay us the total amount over the credit limit
       43. CREDIT UNION MEMBERSHIP. You understand
 upon  our  upon  demand  our  demand  whether  whether  or  not  we  or  not  authorized  we  authorized  the the
      and agree that the closing of your Credit Union Regular 
 advance(s) which caused you to exceed your credit line. advance(s) which caused you to exceed your credit line.
      Share Account terminates your status as a member of the 
 Unless you are in default, each payment you make on the Unless you are in default, each payment you make on the
      Credit Union, and upon such closing, you can no longer 
 Account will replenish your credit limit by the part of that Account will replenish your credit limit by the part of that
      obtain credit with the Credit Union Visa Card.
 payment which is applied to principal. You may request an payment which is applied to principal. You may request an
 increase in the credit limit by a written application, which increase in the credit limit by a written application, which The  following  is  important  information  regarding  your
 must be approved by us. We may increase or decrease the right to dispute billing errors.
 must be approved by us. We may increase or decrease the
 limit from time to time or may, with good cause, revoke limit from time to time or may, with good cause, revoke Your BILLING Rights �
          Keep This NOTICE For Future Use
 your Card and terminate this Agreement; in either event, we your Card and terminate this Agreement; in either event, we
      This  notice  tells  you  about  your  rights  and  our
 will give you written notice of such action. �Good Cause� will give you written notice of such action. �Good Cause�
      responsibilities under the Fair Credit Billing Act.
 includes your failure to satisfy the terms of this Agreement includes your failure to satisfy the terms of this Agreement
 or our adverse reevaluation of your creditworthiness; in or our adverse reevaluation of your creditworthiness; in What To Do If You Find A Mistake On Your Statement
 either event, we will give you written notice of such action. If you think there is an error on your statement, write to us at:
 either event, we will give you written notice of such action.
 In the event your Account is cancelled or revoked due to In the event your Account is cancelled or revoked due to Michigan First Credit Union
 default, the balance at the time of default may be transferred default, the balance at the time of default may be transferred 27000 Evergreen Road
 in-house  with  the  Credit  Union  and,  as  a  consequence in-house  with  the  Credit  Union  and,  as  a  consequence Lathrup Village, MI  48076
 2 2              11   501578_5B MIFCU1 12_24.QXD_Layout 1  12/28/11  1:38 PM  Page 12 501578_5B MIFCU1 12_24.QXD_Layout 1  12/28/11  1:38 PM  Page 1
      In your letter, give us the following information: MICHIGAN FIRST CREDIT UNION
       � Account  information:  Your  name  and  account
        number.                               CREDIT CARD AGREEMENT 
       � Dollar amount: The dollar amount of the suspected
                                          AND TRUTH-IN-LENDING DISCLOSURE
        error.
       � Description of problem: If you think there is an error THIS IS YOUR AGREEMENT  WITH MICHIGAN
        on your bill, describe what you believe is wrong and FIRST CREDIT UNION (CREDIT UNION) REGARDING
        why you believe it is a mistake.  RIGHTS  AND  RESPONSIBILITIES  ASSOCIATED
                                          WITH  OBTAINING  A  VISA �
      You must contact us:                               CREDIT CARD.  THE
       � Within  60  days  after  the  error  appeared  on  your DISCLOSURE  STATEMENTS  THAT FOLLOW
        statement.                        ARE  REQUIRED  BY  FEDERAL  REGULATIONS,
       � At least 3 business days before an automated payment INCLUDING  THE  TRUTH  IN LENDING  AND  FAIR
        is scheduled, if you want to stop payment on the CREDIT  BILLING  ACTS.  PLEASE  READ  THIS
        amount you think is wrong.        DISCLOSURE CAREFULLY TO BE FAMILIAR WITH
                                          YOUR  RIGHTS  AND  RESPONSIBILITIES.  IT  IS
      You must notify us of any potential errors in writing. You IMPORTANT TO RETAIN THIS NOTICE FOR FUTURE
      may  call  us,  but  if  you  do  we  are  not  required  to REFERENCE AND TO NOTIFY US AT ONCE IF ANY
      investigate any potential errors and you may have to pay PARTS ARE UNCLEAR.
      the amount in question.
                                           1. WORDS OFTEN USED IN THIS AGREEMENT.
      What Will Happen After We Receive Your Letter The word �Agreement� means this Michigan First Credit
                                          Union  Credit  Card  Agreement  and  Truth-in-Lending
      When we receive your letter, we must do two things: Disclosure and the document provided to you along with
                                          this  agreement  and  disclosure  containing  Credit  Card
       1. Within 30 days of receiving your letter, we must tell Account Opening Disclosures and information concerning
      you that we received your letter. We will also tell you if How Your Annual Percentage Rate is Determined. In this
      we have already corrected the error. Agreement, the words �you� and �your� mean or refer to
       2. Within 90 days of receiving your letter, we must each and all persons who have applied for the Card or
      either correct the error or explain to you why we believe Cards. �Card� means the Visa Credit Card or Cards, and
      the bill is correct.                any  duplicates  and  renewals  thereof,  or  substitutions
                                          thereof, we may issue to you. �Account� means your Visa
      While we investigate whether or not there has been an Credit Card line of credit loan account with us. �We,� �us�
      error:                              and �ours� means or refers to Michigan First Credit Union
       � We cannot try to collect the amount in question, or and  the  document  provided  to  you  along  with  this
        report you as delinquent on that amount. agreement and disclosure containing Credit Card Account
       � The  charge  in  question  may  remain  on  your Opening  Disclosures  and  information  concerning  How
        statement,  and  we  may  continue  to  charge  you Your Annual Percentage Rate is Determined. 
        interest on that amount.           2. THIS IS YOUR CONTRACT WITH US. Once this
       � While you do not have to pay the amount in question, Agreement is sent to you, it becomes a binding contract.
        you  are  responsible  for  the  remainder  of  your When you (i) signed a paper application for your Account, (ii)
        balance.                          completed  an on-line  application  for  your account,  (iii)
       � We can apply any unpaid amount against your credit applied for your Account by calling our Call Center, or (iv)
        limit.                            applied for your account in person with one of our Financial
       � After we finish our investigation, one of two things Sales Representatives, you acknowledged that you would
        will happen:                      receive a copy of this Agreement and promised to abide by
       � If we made a mistake: You will not have to pay the the terms of this Agreement, including all applicable laws.
        amount  in  question  or  any  interest  or  other  fees This Agreement is a Truth-In-Lending Disclosure Statement
        related to that amount.           as well as a contract.
       � If we do not believe there was a mistake: You will 3. SIGN THE CARD. Your Card(s) have been embossed
        have  to  pay  the  amount  in  question,  along  with as you have directed. Each Card must be signed (in the space
        applicable  interest  and  fees.  We  will  send  you  a provided on the back) by the person whose name is embossed
        statement  of  the  amount  you  owe  and  the  date thereon. That signature must be in the same form as embossed
        payment  is  due.  We  may  then  report  you  as on the front of the Card. However, your liability under this
        delinquent if you do not pay the amount we think you Agreement does not depend on whether you sign your Card.
        owe.                               4. USING THE CARD. By using this Card, you are
                                          agreeing to comply with the terms of this Agreement. To
      If you receive our explanation but still believe your bill is make a Purchase or Cash Advance, present the Card to a
      wrong, you must write to us within 10 days telling us that participating Visa plan merchant or financial institution and
      you still refuse to pay. If you do so, we cannot report you sign the sales draft or cash advance draft (when required)
      as  delinquent  without  also  reporting  that  you  are which will be imprinted with your Card or generated after
      questioning  your  bill.  We  must  tell  you  the  name  of your  Card�s number  has  been  magnetically  read  or
      anyone to whom we reported you as delinquent, and we otherwise provided. Please note that we are not responsible
                  12                                   1   501578_5B MIFCU1 12_24.QXD_Layout 1  12/28/11  1:38 PM  Page 13
      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.)
       2.  You  must  have  used  your  credit  card  for  the
      purchase. Purchases made with cash advances from an
      ATM  or  with  a  check  that  accesses  your  credit  card
      account do not qualify.
       3. You must not yet have fully paid for the purchase.
       If all of the criteria above are met and you are still
      dissatisfied with the purchase, contact us in writing [or
      electronically] at:
            Michigan First Credit Union
            27000 Evergreen Road
            Lathrup Village, MI  48076
       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.
                  13   501578_5B MIFCU1 12_24.QXD_Layout 1  1/3/12  3:35 PM  Page 14 M   6/16/10  4:40 PM  Page 14
                                        Credit Card
                                        Agreement
                                        and Truth-
                                        in-Lending
                                        Disclosure
            Member Services: 800.664.3828
            24-hour Loan Center: 866.933.6333
            MichiganFirst.com
            MichiganFirst.com/Twitter
            MichiganFirst.com/Facebook
            Federally Insured by the NCUA
    510578_05b Revised: 6/10/2010 Revised 12/24/2011 Revised 12/2016   SLIMF150 M-100732 SLIMF150