VISA CARDHOLDER AGREEMENT 

Effective _February 22, 2010________________ 

This Agreement covers your credit card account with us, "Institution Name".  The person ("Account Holder" or "You") whose name is embossed on the face of the VISA credit card ("Card") provided 

to Account Holder and issued by us and each Account Holder, by signing or using the Card, agrees with Issuer to the following terms: 

1.  Your Account. If you have a joint account, each Account Holder has the right to use the account up to the extended credit limit as described below.  Each Account Holder is bound by these terms 
and each, individually, will be liable for all charges, even if only one of you uses the account.  For joint accounts, each individual separately, and both individuals together, are referred to in this Agreement 
as ("You"). 

2.  Credit Card Account Services. These services are available through your Card account, up to the amount of your credit limit. 

a.  Credit Purchases. You can use your account to purchase goods and services wherever VISA credit cards are accepted (referred to in this Agreement as "Credit Purchases"). 

b.  Cash Advances. You can get a Cash Advance (referred to in this Agreement as a "Cash Advance") from your account by presenting your Card at a financial institution that accepts VISA.  You 
can also use your Card to obtain up to $"Amount of Cash Advance" per day in cash from any authorized "Institution Name" Automated Teller Machine ("ATM").  You may not obtain a Cash 
Advance if your account is delinquent, closed or the amount of the advance would cause your balance to go over your credit limit. 

3.  Your promise to pay.  

3.1 You promise to pay us, when due, the total of all Credit Purchases and Cash Advances you make on your account.  You also promise to pay the total of any Finance Charge and other charges 

due on the account.  You also promise to pay all costs and expenses, including reasonable attorneys' fees that we incur in enforcing this Agreement. 

3.2 You may pay your entire balance at any time. 

4.  Additional Card Holders or Others Using Your Account.  You may authorize others to use your account.  You may add up to "Number of Cardholders" additional card holder(s) to your account at no 
extra charge.  Each additional card holder will receive a credit card with his or her individual name embossed.  You promise to pay for all Credit Purchases and Cash Advances made by anyone you 
authorize to use your account, with or without a card, and whether or not you notify us that he or she will be using it.  If another person has use of your account and you want to end that person's privilege, 
you must recover and return that person's credit card, if any.  If you are unable to recover and return the card, you will continue to be liable for any charges made unless you tell us to cancel all cards and 
establish a new account for you, which will be done automatically if you notify us of unauthorized use under Paragraph 22 of this Agreement.  We may request written verification from you regarding any 
change or cancellation to your account. 

5.  U.S. Currency. If you make a purchase or cash advance in foreign currency the transaction will be converted into U.S. Dollars by VISA. 

For  VISA  Accounts:  If  you  effect  a  transaction  with  your  VISA  card  in  a  currency  other  than  U.S. dollars, VISA International Incorporated will convert the charge into a U.S. dollar amount. VISA 
International  will  use  its  currency  conversion  procedure,  which  is  disclosed  to  institutions  that  issue  VISA®  cards.  Currently  the  currency  conversion  rate  used  by  VISA  International  to  determine  the 
transaction  amount  in  U.S.  dollars  for  such  transactions  is  generally  either  a  government  mandated  rate  or  a  wholesale  rate  determined  by  VISA  International  for  the  processing  cycle  in  which  the 
transaction is processed, increased by an adjustment factor established from time to time by VISA International. The currency conversion rate used by VISA International on the processing date may 
differ from the rate that would have been used on the purchase date or cardholder statement posting date. 

6. 
Law  Governing  This  Agreement.  TO  THE  EXTENT  NOT  EXPRESSLY  PROHIBITED  BY  APPLICABLE  LAW,  THIS  AGREEMENT  AND  YOUR  ACCOUNT,  AS  WELL  AS  OUR  RIGHTS  AND 
DUTIES AND YOUR RIGHTS AND DUTIES REGARDING THIS AGREEMENT AND YOUR ACCOUNT, WILL BE GOVERNED BY AND INTERPRETED IN ACCORDANCE WITH THE LAWS OF THE 
STATE OF "STATE NAME - CAPS", (EXCLUDING THE CONFLICTS LAW OF "State Name") AND THE UNITED STATES, REGARDLESS OF WHERE YOU MAY RESIDE OR USE YOUR ACCOUNT 
AT ANY TIME.  This choice of law is made because of a strong relationship between this Agreement and your account to "Institution Name", because Issuer is located in "State Name" and to insure 
uniform procedures and interpretation for all of our customers, no matter where they reside or use their accounts.  If any term or provision of this Agreement is found to be unenforceable, this will not 
make any other terms or provision unenforceable. 

Limitation on Lawsuits. You agree that any lawsuit based on any cause of action which you may have against us must be filed within one year from the date that it arises or you will be barred from 

7. 
filing a lawsuit.  This limitation is intended to include tort, contract, and all other causes of action for which you and we may lawfully contract to set limitations for bringing suit. 

8.  Honoring Your Card. We will not have any responsibility to you if anyone refuses to honor a Card issued on your account.  Any refund, adjustment or credit allowed by a Seller shall not be by cash 
but rather by a credit advice to us which shall be shown as a credit on your account statement. 

9.  Security for This Account. [Note: Under Reg. Z §226.6(c), open-end creditors must disclose in the initial disclosure statement any "security interests" they have or will acquire; i.e., the fact that the 
creditor has or will acquire a security interest in the property purchased under the plan, or in other property identified by item or type.] 

If you have other loans or credit extensions from Issuer, or take out other loans or credit extensions with Issuer in the future, collateral securing those loans or credit extensions will also secure 
your  obligations  under  this  Agreement.    However,  unless  you  expressly  agree  otherwise,  your  household  goods  and  dwelling  will  not  secure  your  obligations  under  this  Agreement  even  if 
Issuer  has  or  later  acquires  a  security  interest  in  the  household  goods  or  a  mortgage  on  the  dwelling.    If  you  have  executed a written agreement granting a security interest in any deposit 
accounts (checking, savings, or share accounts) or other funds held by Issuer to secure your obligations under this credit card plan, such accounts and/or funds are additional security for your 
obligations to Issuer arising from the use of your Card. 

10.  Payment Period. You will receive monthly billing statements from us.  The New Balance shown on your statement is the total of unpaid obligations which have been posted to your account as of the 
statement date.  You can either pay the entire New Balance or you can pay in installments, but we must receive at least the Minimum Periodic Payment shown on your billing statement by the payment 
due date.  The Minimum Periodic Payment is figured as follows: 

If Your New Balance is: 

$"Amount -or less" or less 

Over $"Amount - over" 

Your Minimum Periodic 
Payment is:                   

The amount of your New Balance. 

"Percentage"% of that portion of the New Balance 
which does not exceed your credit limit, plus 
the  entire  portion  of  the  New  Balance  in 
excess  of  your  credit  limit,  plus  any  amount 
past  due,  or  $"Dollar  Amount"  whichever  is 
greater. 

11.  Payment Applications. Payments made to your account will be applied in the following order: Fees and Finance Charges; previously billed purchases; cash advances; and new purchases.  We may 
accept checks marked "Payment in Full" or with words of similar effect without losing any of our rights to collect the full balance of your account.   

Immediate Repayment of Your Full Balance. You will be in default, and we may, without notifying you, temporarily suspend your credit, close your account, cancel all credit cards issued on it and 

12. 
require immediate payment of your entire balance if any of the following occurs: 

 You have made any false or misleading statement on the application for your account; 

a.  You fail to make a payment when it is due; 
b.  You do not follow the terms of this Agreement in any way; 
c. 
d.  You fail to pay any other loans you owe us; 
e.  You become insolvent or die; 
f. 
g.  A bankruptcy petition is filed by or against you or your spouse; 
h.  A guardian, conservator, receiver, custodian or trustee is appointed for you; 
i. 
j. 

You are generally not paying your debts as they become due; or 
There has been a material adverse change in your financial standing. 

There is an attachment, execution or levy against your property or you make an assignment for the benefit of creditors; 

13.  Reevaluation  of  Credit.  We  can  reinvestigate  and  reevaluate  any  information  you  provided  on  your  credit  application  at  any  time,  and  in  the  course  of  doing  so,  we  may  ask  you  for  additional 
information, request credit bureau reports and/or otherwise verify your current credit standing. 

14.  Periodic  FINANCE  CHARGE.  Your  account  will  be  subject  to  the  Monthly  Periodic  FINANCE  CHARGE  Rate  and  corresponding  Annual  Percentage  Rate  applicable  to  the  "Institution  Name" 
accounts, set forth in the Initial Disclosure provided to you by us. 

The Periodic Finance charge on Cash Advances is calculated as follows: 

"Insert Method for Cash Advances" 

The Periodic Finance Charge on Credit Purchases is calculated as follows: 

"Insert Method for Credit Purchases" 

15.  Transaction Finance Charge. The Transaction Finance Charge is a one-time charge made each time a new Cash Advance is posted to your account.  The charge for each Cash Advance obtained 
through any ATM is $"Amount for ATM Cash Advances".  The charge of each Cash Advance obtained through any other source is "Percentage for CA other source"% of the amount of the advance, but 
in no event less than $"Amount less than", or greater than $"Amount greater than". 

Since Transaction Finance charges are one-time charges that must be included in calculating the Annual Percentage Rate, the actual Annual Percentage Rate shown on your periodic statement 

may exceed the corresponding Annual Percentage Rate (which is based on Periodic Finance Charge) in any month for which a new Cash Advance is posted to your account. 

16.  When Finance Charge Begins. The Transaction Finance Charge is assessed on the date the new Cash Advance is posted to your account.  The Periodic Finance Charge for Credit Purchases and 
Cash Advances begins on the dates as described in paragraph 15 of this document. 

17.  Other Charges. The Total Other Charges is the sum of: 

a.  Membership Fee. We charge a membership fee of $"Membership Fee Amount" per year, which will be billed to your account during the same "renewal month" each year.  If we assign your 
account a renewal month other than the month of your first billing statement, we may assess a partial Membership Fee prorated for the period until the first renewal month.  All Membership Fees are 

  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
payable when posted to your account and are non-refundable except as otherwise provided for by law.  This annual fee shall be treated as a credit purchase for purposes of calculating Finance 
Charges unless prohibited by law. 

Late Charge. If we do not receive at least your minimum required payment within "Required payment within" days after the closing date subsequent to the payment due date indicated on your 

b. 
billing statement, we will impose a late or delinquency charge of $"Amount of Late or Delinquency Charge". 

c.  Overlimit Charge. Each time your New Balance exceeds your maximum authorized credit we will impose an Overlimit Charge of $"Overlimit Charge". 

d.  Replacement Card. We reserve the right to charge you $"Amount to replace card" to replace a card. 

18. 

If You Change Your Name or Address.  You agree to notify us in writing within twenty days if you change your name, your home or mailing address, or home or business telephone number. 

19.  Our Right to Cancel Your Account. We can cancel your account at any time, or reduce the amount of your credit line, without notice to you, except in those situations where notice is required by law.  
If we cancel your account, you agree to destroy all Cards issued on your account by cutting them in half and returning them to us.  You will continue to be responsible for full payment of the balance on 
your account and all charges to your account, including those not yet received by us, as well as subsequent Finance Charge and other charges.  Each Card is our property, and you agree that the Cards 
are not transferable and to surrender any Card upon demand. 

20.  Change in Terms of Your Account. We can change any terms of your account at any time.  We will provide you with such notice as is required by law by mailing a notice to you at the latest address 
shown in our records.  Subject to applicable law, any change will apply to the current balance of your account, as well as to future balances. 

If Your Card is Lost or Stolen or if an Unauthorized Use May Occur. You agree to notify us immediately if your card is ever lost or stolen or if an unauthorized use may have occurred.  The telephone 
21. 
number to call is (800) 325-3678, and you agree to follow up your call with notice in writing to us at:  Credit Card Security Department,  P.O. Box 30035, Tampa, Florida 33630.  You also agree to assist 
us in determining the facts, circumstances and other pertinent information relating to any loss, theft or possible unauthorized use of your credit card and comply with such procedures as we may require in 
connection with our investigation, including assisting in the prosecution of any unauthorized user. 

22.  Liability for Unauthorized Use of Credit Card. We may hold you liable for the unauthorized use of your credit card.  You will not be liable for unauthorized use that occurs after you notify us orally or 
in writing of the loss, theft, or possible unauthorized use.  In any case, your liability will not exceed $50.00. 

23.  Credit Information. You agree that we may release information to others, such as credit bureaus, regarding the status and history of your account.  However, we are not obligated to release any 
such information to anyone unless we are required by law to do so. 

24.  Waivers. If, for any reason, we do not make use of any of our rights under this Agreement on a particular occasion, that will not limit our rights in the future in any way. 

25.  Our Address. To send payment: Payments must be sent to the address listed on the front of the billing statement after the phrase "make check payable to." 

To inquire or send correspondence: Write us at the address indicated on the front of the billing statement after the phrase "send inquiries to." 

Important  Notice  to  Our  Customer  Who  Contacts  Us  by  Phone.    Cardholder  agrees  that  Issuer,  its  agents  and  service  companies  may,  without  the  need  to  seek  additional  confirmation  from 

26. 
Cardholder, monitor and/or record any telephone communications with Cardholder to insure that inquiries from you are handled promptly, courteously, and accurately. 

27.  VISA  Rules  and  Regulations.  The  services  being  provided  to  you  under  this  Agreement  are  made  possible  by  Issuer's  status  as  a  licensee  of  VISA  International.    You  recognize  Issuer's 
responsibility to comply with the current VISA International rules and regulations and changes to them in order to continue to provide these services. 

28.  Regulation Z Initial Disclosures. By using your card, you acknowledge receipt from us of the Initial Disclosures required by Regulation Z of the Truth-In-Lending Act and that the terms contained in 
the Initial Disclosures apply to you and your use of the card and are incorporated in full into this Agreement.  The information about the terms and costs of the Card described in this Customer Agreement 
is accurate as of the Effective Date.  This information may have changed after that date.  To find out what may have changed, call us or write to us. 

Write to: 

Members Heritage Federal Credit Union 
440 Park Place 
Lexington, KY 49511 

Call at: 

800-359-3466 

Printed  February 2010