2401 E. Pershing Blvd
Cheyenne, WY 82001  PH: 
800-368-9328 
www.bluefcu.com 

standing. We are entitled to return it unpaid if there is not enough 
available credit on your Account to pay it, if you are in default under 
this Agreement, if your card or convenience checks have been re-
ported lost or stolen, or if the convenience check is post-dated. A 
convenience check may not be used to make a payment on your 
credit  card  account  or  any  other  loan  account you  have  with  us. 
The Credit Union shall have no liability for any convenience check 
returned in excess of your Credit Line. 

If we approve your application, this Agreement will constitute a re-
volving line of credit for an amount which will be the Credit Line under 
your Account. We will advise you of the amount of your Credit Line. 
That amount will be the maximum amount you may have outstanding 
at any one time. You agree not to attempt to obtain more credit than 
the amount of your Credit Line. However, if you temporarily exceed 
your Credit Line, you agree to repay the excess immediately, even if 
we have not yet billed you. Obtaining such credit does not increase 
your Credit Line. We retain the right to increase  or decrease your 
Credit Line at any time. Any increase or reduction in the amount of 
your Credit Line will be shown on your monthly statement or by sep-
arate notice together with any changes in the applicable Minimum 
Monthly Payments. Your eligibility for this Credit Line is determined 
by our loan policy and may be terminated at our sole discretion, with-
out demand or notice. You may close your Credit Line at any time by 
notifying us in writing and returning all Cards cut in half. If you termi-
nate this Agreement or if we terminate or suspend your credit privi-
leges, the provisions of this Agreement and your liability hereunder 
shall otherwise remain in full force and effect until you have paid us 
all sums due us under this Agreement and returned all Cards. 

We will mail you a statement every month if  your  Account has a 
balance. You agree that you will pay each month not less than the 
minimum monthly payment on or before the closing date. The mini-
mum monthly payment will be the larger of:  (a) 2.0% of your out-
. 
If your outstanding balance is less than $20, you agree to pay the 
balance  in  full.  In  addition  to  the  minimum  monthly  payment,  you 

shown on your statement each month by the due date shown on your 
Statement. You may pay in full for all your purchases and cash ad-
vances each month, or you may repay in monthly installments. We 
can accept late payments or partial payments, or checks, drafts, or 

under this Agreement, which are hereby explicitly reserved. A credit 
posting  from  a  merchant  or  reversal  of fees  does  not  constitute  a 
minimum  payment.  The  minimum  monthly  payment  may  be  allo-

such  as  promotional  offers,  before  higher  rate  balances,  such  as 
cash advances or purchases. Payments in excess of the minimum 
monthly payment will be allocated first to higher rate balances, as 
applicable. From time to time, we may allow you to skip your mini-
mum monthly payment due. If you choose to skip that payment, In-
terest Charges will continue to accrue in accordance with this Agree-
ment. Payments received at:  PO Box 37035, Boone, IA  50037-0035 
on or before 5:00 PM Central Time on any business day will be cred-
ited to your Account as of that date; payments received by mail at 
that  address  after  5:00  PM  Central  Time  or  on a  weekend  will  be 
posted to your Account as of the next business day. 

By signing your application, to secure your Account, you grant us a 
purchase  money  security  interest  under  the  Uniform  Commercial 

. 
and Account issued by Blue Federal Credit Union 
In this Agreement, the words "you," "your," "yours," "applicant," and 
"Borrower" mean any person who signs the application for this Ac-
count, any joint obligor, guarantor, authorized user, or the person 
whose name is embossed on the Card. The words "we," "us," "our," 
and  "Credit  Union"  mean  Blue  Federal  Credit  Union.  The  word 
"Card" means any one or more credit cards issued under this Ac-
count. If you sign an application for this Account or sign or use 
any Card or PIN, or allow others to use the Card or PIN, you 
and they will have accepted this Agreement just as if you and 
they signed it, and you and they, jointly and severally, will be 
bound by the following terms and conditions which will gov-
ern this Account. 

You grant us a security interest in all your shares and deposits, 
present and future, and all accounts with the Credit Union (ex-
cept Individual Retirement Accounts) to secure your Account. 
This security interest is required as a condition for us to grant 
you credit under this Agreement. 

You promise to pay us all amounts, plus any Interest Charges, which 
arise from use of the Card or Account by you or any other person, 
and to be jointly and severally liable with such a person, unless such 
other person does not have actual, implied, or apparent authority for 
such use, and you received no benefit from the use. You promise to 
pay  us  either  by  direct  payment  or  by  automatic  transfers  from 
shares or by payroll deduction. 

a. Purchases,  Cash  Advances,  and  Balance  Transfers.  You
must sign the Card to use it. Once you have signed the Card, you
can use it to buy or lease goods, services, or insurance wherever
the Card is honored, up to the full amount of your Credit Line. You
may use your Account to get cash advances from us. You may also
use your Card to get a cash advance from participating financial
institutions,  to  initiate  a  balance  transfer  payment  on  another
account,  and  to  access  your  line  of  credit  at  automatic  teller
thin  the  MasterCard  network  or  any  other 

ATMs that accept MasterCard branded cards.  
b. Convenience Checks. If we approve, you may obtain advances
under your Account by writing preprinted convenience loan checks
that we supply to you. Your use of loan checks will be shown either
as a purchase, cash advance, or balance transfer on your monthly
statement.  We  may  not  honor  your  loan  check  if:  your  check  is
post-dated; payment of the check would exceed your Credit Line;
a check is signed by person without authorized access; the amount
of the check is less than the minimum required amount; your Ac-
count has been terminated or suspended, or any drafts have been
reported lost or stolen. You may stop payment on a loan check if
you provide us with the exact information describing the check. If
you give us incorrect information, we will not be responsible for fail-
ing to stop  payment.  You  understand  there  may  be  a charge  for
each stop payment order requested. Our liability for a wrongful dis-
honor is limited to your actual charges; however, a dishonor for the
reasons stated above is not a wrongful dishonor. Only the person
whose  name  is  printed  on  a  convenience  check  may  sign  it.  All
convenience  checks  must  be  written  in  U.S.  dollars.  We  will  not
certify a convenience check. You may write these checks for any
amount providing your total outstanding balance does not exceed
your  available  Credit  Line  and  your  credit  card  remains  in  good

© 2019 Farleigh Wada Witt. All Rights Reserved. This document may not be reproduced without written permission from Farleigh Wada Witt. 

11-11-19   1

Code of the state in which you reside in any goods you purchase 
through your Account. If you default, we will have the right to recover 
any of these goods that have not been paid for through application 
of your payments in the manner described in Section 4. In addition, 
you grant us a security interest in all your shares and deposits, pre-
sent and future, and all accounts (except Individual Retirement Ac-
counts and Keogh Accounts) with the Credit Union to secure your 
Account and agree, upon default, the Credit Union may apply all that 
is secured to pay any amounts due under this Agreement, without 
further notice to you. You further agree that collateral securing 
other loans with the Credit Union (except loans secured by real 
property) also secures this Account. 

Each month, if you have an outstanding balance, we will send you a 
statement showing new purchases, cash advances, payments, and 
credits made to your Account during the billing period, your Previous 
Balance, your "Total New Balance," any Interest Charge, and any 
other charges. Your statement also will identify the remaining Credit 
Line available and the Minimum Monthly Payment you must make 
for that billing period and the date it is due. For statement verification 
purposes,  you  agree  to  retain  copies  of  transaction  slips  resulting 
from each purchase, each advance, and other transaction on your 
Account. Unless you notify us of a billing error as described below, 
you accept your monthly statement as an accurate statement of your 
Account with us. 

The total outstanding balance of purchases, balance transfers, and 
cash advances in the Account on the closing date of a billing period, 
including  any  Interest  Charge,  will  be  shown  on  the  Periodic 
Statement for that billing period as the "New Balance." 
 a. Cash Advances and Balance Transfers. We begin charging an 
Interest Charge on cash advances and balance transfers from the 
date of each transaction. There is no time period within which to pay 
to  avoid  a  periodic  Interest  Charge  on  cash  advances  or  balance 
transfers. 
 b. Purchases. Your due date is at least 25 days after the close of 
each billing period. An Interest Charge will be imposed on the por-
tion of purchases included in the New Balance that is not paid by 
the due  date. 
Interest 
Charge on purchases for a billing period. However, if you do not 
pay the New Balance for purchases within the grace period, your 
Interest Charge  will  accrue  on  any  unpaid  purchase  transactions 
from the first day of the billing period in which the payment is due. 

The Credit Union figures the Interest Charge on your Account by 
multiplying  the  "Average  Daily  Balance"  of  purchases,  balance 
transfers, and cash advances for your Account (including current 
transactions)  by  the  Monthly Periodic  Rate.  To  get the  "Average 
Daily  Balance"  we  take  the  beginning  balance  of  your  Account 
each day, add any new purchases or cash advances, and subtract 
any payments or credits, unpaid Interest Charge and unpaid late 
charges. This gives us the daily balance. Then, we add up all the 
daily balances for the billing period and divide the total by the num-
ber of days in the billing period. This gives us the "Average Daily 
Balance
Percentage Rate in effect for the billing period by 12. 

Account, your Annual Percentage Rate may change each quarter 
based on an index, which is the highest Prime Rate published in 
The Wall Street Journal. The Annual Percentage Rate will change 
on the first day of the statement cycle that begins in January, April, 
July, and October, based on the index rate as of the 15th day of the 
previous  month.  To  determine  the  Annual  Percentage  Rate,  we 
add  a  margin  to  the  index.  The  amount  of  the  margin  for  your 
account is based on your credit profile and will be disclosed on the 
Account  Disclosure  that  accompanies,  and  is  a  part  of,  this 
Agreement. The Annual Percentage Rate will never be more than 
18.00%.  Changes  in  the  Annual  Percentage  Rate  will  affect  the 
number of payments you make.  
b. Introductory or Promotional Rates. At our discretion, we may 
offer you an introductory or promotional Annual Percentage Rate 
for  your  Account.  Any 
introductory  or  promotional  Annual 
Percentage Rate will be subject to the terms of the offer and this 
Agreement.  We  will  provide  you  with  information  on  the  offer, 
including  the  time  period  the  introductory  or  promotional  Annual 
Percentage Rate is in effect in the Account Disclosure or in other 
materials that we send to you about the offer after you receive your 
Credit Card. 

You agree to pay the following fees and charges on your Account. 
All fees and charges will be added to your purchase balance and will 
accrue  interest charges  at  the  same  rate  that  applies  to your  pur-
chase balance. 
a. Late Fee. If your payment is not received by the due date, you 
will pay a late fee as described in the Account Disclosures.    
b. Returned Item Fee. If any check or draft we receive from you as 
payment for any amount you owe to us is returned to us unpaid, you 
agree  to  pay  a  returned  item  fee  as  described  in  the  Account 
Disclosures. 
c. Cash Advance Fee. If you initiate a Cash Advance, you will pay 
a fee as described in the Account Disclosures.    
d. Balance Transfer Fee. If you transfer  a balance from debt at 
another financial institution to your Blue Federal Credit Union credit 
card, we will charge you a Balance Transfer Fee. 
e. ATM Fee. If you use an ATM to obtain a cash advance and the 
ATM is not operated by us, you may be charged an ATM surcharge 
by  the  ATM  operator  or  an  ATM  network  utilized  for  such  a 
transaction. The ATM surcharge may be charged to your Account if 
you complete the transaction. 
f.  International  Transaction  Fee.  You  will  be  charged  an 
International  Transaction  Fee  of  up  to  1.0%  of  the  transaction 
amount  for  any  card  transaction  in  which  the  merchant  or  other 
party to the transaction is in a foreign country.  
g. Card Replacement Fee. For each replacement card you request, 
you will pay a fee as described in the Account Disclosures. If you 
request  special  rush  delivery,  you  will  pay  an  additional  fee  as 
described in the Account Disclosures.  
h.  Attorney's  Fees  and  Costs.  If  you  default  on  any  part  of  this 
Agreement, you agree to pay us all costs to collect your Account, 
including court costs and reasonable attorney fees whether or not 
there is a lawsuit, and fees on any appeal and fees for bankruptcy 
proceedings, appeals, and any post-judgment collection services, if 
applicable. These fees and costs may be added to your Account bal-
ance and will bear interest at the Annual Percentage Rate in effect 
at that time. 

a. Standard Rates. The Periodic Rate and corresponding Annual 
Percentage Rate(s) used to compute the Interest Charge are set 
forth in the Account Disclosure that accompanies, and is a part of, 
this Agreement. The Annual Percentage Rate is divided by 12 to 
obtain the Monthly Periodic Rate. If your Account is a Variable Rate 

a. Use. Your Card and Account may be used only for valid and lawful 
purposes.  You  may  not  use  your  Card  (i)  to  make  Purchases  or 
obtain  Cash  Advances  for  any  illegal  transaction,  or  (ii)  for  any 
internet or online gambling transactions. If you use your Card for any 
illegal or prohibited transaction, this Agreement also applies to such 
transaction and you agree to pay any and all amounts related to such 

© 2019 Farleigh Wada Witt. All Rights Reserved. This document may not be reproduced without written permission from Farleigh Wada Witt. 

11-11-19  2 

transaction pursuant to the terms of this Agreement. We may, at our 
sole discretion and without warning, restrict the use of or terminate 
your Card if we notice excessive use of your Card or other suspicious 
activities or if we reasonably believe the Card is or has been used 
for one or more illegal or prohibited transactions. 
b.  Ownership  of  Cards.  Any  Card  or  other  credit  instrument  or 
device which we supply to you is our property and must be returned 
to us, or to any person whom we authorize to act as our agent, or to 
any  person  who  is  authorized  to  honor  the  Card,  immediately 
according to instructions. The Card may be repossessed at any time 
in our sole discretion without demand or notice. You cannot transfer 
your Card or Account to another person. 
c. Honoring the Card. We may decline to honor any transaction for 
any reason. Neither we nor merchants authorized to honor the Card 
will be responsible for the failure or refusal to honor the Card or any 
other  credit  instrument  or  device  we  supply  to  you.  If  a  merchant 
agrees to give you a refund or adjustment, you agree to accept a 
credit to your Account in lieu of a cash refund. 
d.  Currency  Conversion/International  Transaction  Fee. 
Purchases  and  cash  advances  made  in  foreign  countries  will  be 
billed  to  you  in  U.S.  dollars.  The  currency  conversion  rate  for 
international transactions is a rate selected by MasterCard from the 
range  of  rates  available  in  wholesale  currency  markets  for  the 
applicable central processing date (which rate may vary from the rate 
MasterCard  itself  receives),  or  the  government-mandated  rate  in 
effect for the applicable central processing date. In addition, you will 
be charged an International Transaction Fee of 1% of the transaction 
amount for any card transaction made in a foreign country. 
e. Notices and Payments. All notices will be sent to your address 
as  shown  in  the  application.  You  agree  to  advise  us  promptly  in 
writing if you change your mailing address. All payments should be 
mailed  to  us  at  the  remittance  address  shown  on  your  monthly 
statements.  Payments  received  at  that  address  will  be  credited  to 
your Account as of the date received. Written notices and inquiries 
to us must be sent to: 

Blue Federal Credit Union  
P.O. Box 3200 
Cheyenne, WY 82003-3200 

f. Personal Identification Number. If we issue you a Personal Iden-
tification Number ("PIN") for use with your Card in  accessing your 
line of credit at ATMs, these numbers are issued to you for your se-
curity purposes. These numbers are confidential and should not be 
disclosed to third parties. You are responsible for safekeeping your 
PIN. You agree not to disclose or otherwise make available your PIN 
to anyone not authorized to sign on your Account. To keep your Ac-
count secure, please do not write your PIN on your Card or keep it 
in the same place as your Card. 

Loan Protection coverage is not required for any extension of credit 
under this Agreement. However, you may purchase any loan protec-
tion available through us and have the monthly fee added to your 
outstanding balance as purchases. If you elect to do so, we will give 
you the necessary disclosures and documents separately. 

You will be in default under this Agreement if any of the following 
occur:  (a) Any Minimum Monthly Payment is not made when due; 
(b) You become insolvent, bankrupt, or you die; (c) You violate any 
part of this Agreement, or any other agreement with us; or (d) If we 
reasonably deem ourselves insecure with respect to your Account. 
Upon default, we may declare the entire unpaid balance immediately 
due and payable, and you agree to pay that amount plus any attor-
ney's fees and costs as set forth in Section 10 above, including fees 
and  costs in  any  appeal  or  bankruptcy  proceeding.  We can delay 
enforcing any right under this Agreement without losing that right or 
any other right. We will notify you in writing of any such action as 
soon as practical if it occurs. 

This Agreement will not take effect until it  is approved by us. This 
Agreement shall be governed by the laws of the state of Wyoming. 

If any provision of this Agreement is held invalid, the remaining pro-
visions that are severable shall remain in effect. 

You agree to notify us immediately of the loss, or the theft, or the use 
without  your permission,  of  any  Card  or  other  credit  instrument  or 
device which we supply to you. You may be liable for the unauthor-
ized  use  of  your  card.  You  will  not  be  liable  for  unauthorized  use 
which occurs after you notify:  Blue Federal Credit Union, P.O. Box 
3200,  Cheyenne,  WY  82003-3200,  Telephone:  (800)  368-9328, 
orally or in writing of loss, theft, or possible unauthorized use. In any 
case, your liability shall not exceed $50. 

You  authorize  us  to  release  information  to  others  (e.g.,  credit  bu-
reaus, merchants, and other financial institutions) regarding the sta-
tus and history of your Credit Line. You agree to provide us, at any 
time we deem necessary, with a current financial statement and/or 
updated credit information upon request. We may investigate your 
credit directly or through a credit reporting agency. 

We  reserve  the  right  to  change  any  terms  or  conditions  of  this 
Agreement at any time, to the extent permitted by applicable law. 
We will notify you of the changes to this Agreement as required by 
law. 

Keep this document for future use. This notice tells you about your 
rights and our responsibilities under the Fair Credit Billing Act. 
What To Do If You Find A Mistake On Your Statement. If you think 
there is an error on your statement, write to us at:   Blue Federal 
Credit Union, P.O. Box 3200, Cheyenne, WY 82003-3200. In your 
letter, give us the following information: 

  Account information: Your name and account number. 
  Dollar amount: The dollar amount of the suspected error. 
  Description of problem: If you think there is an error on your 
bill, describe what you believe is wrong and why you believe it 
is a mistake. 
You must contact us: 

  Within 60 days after the error appeared on your statement. 
  At  least  3  business  days  before  an  automated  payment  is 
scheduled,  if  you  want  to  stop  payment  on  the  amount  you 
think is wrong. 

You must notify us of any potential errors in writing. You may call 
us, but if you do, we are not required to investigate any potential 
errors and you may have to pay the amount in question. 
What Will Happen After We Receive Your Letter. When we receive 
your letter, we must do two things: 

1.  Within 30 days of receiving your letter, we must tell you that 
we received your letter. We will also tell you if we have al-
ready corrected the error. 

2.  Within 90 days of receiving your letter, we must either correct 
the error or explain to you why we believe the bill is correct. 

While we investigate whether or not there has been an error: 

  We cannot try to collect the amount in question or report you 

as delinquent on that amount. 

  The charge in question may remain on your statement, and we 

may continue to charge you interest on that amount. 

© 2019 Farleigh Wada Witt. All Rights Reserved. This document may not be reproduced without written permission from Farleigh Wada Witt. 

11-11-19  3 

 
 
 
  While you do not have to pay the amount in question, you are 

responsible for the remainder of your balance. 

  We can apply any unpaid amount against your credit limit. 
After we finish our investigation, one of two things will happen: 

  If we made a mistake: You will not have to pay the amount in 
question or any interest or other fees related to that amount. 
  If we do not believe there was a mistake: You will have to pay 
the amount in question, along with applicable interest and fees. 
We will send you a statement of the amount you owe and the 
date payment is due. We may then report you as delinquent if 
you do not pay the amount we think you owe. 

If you receive our explanation but still believe your bill is wrong, you 
must write to us within 10 days telling us that you still refuse to pay. 
If you do so, we cannot report you as delinquent without also re-
porting  that  you  are  questioning  your  bill.  We  must  tell  you  the 
name of anyone to whom we reported you as delinquent, and we 
must let those organizations know when the matter has been set-
tled 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 pur-
chased with your credit card, and you have tried in good faith to cor-
rect the problem with the merchant, you may have the right not to 
pay the remaining amount due on the 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 pur-
chase 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. Pur-
chases  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 at the above address. While we 
investigate,  the  same  rules  apply  to  the  disputed  amount  as  dis-
cussed 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. 

This notice applies to any borrower who is either:  (i) a member of 
the Armed Forces who is currently serving on active duty (under a 
call or order not less than 30 days), Active Guard or Reserve duty 
f the Covered Member. 
Military Annual Percentage Rate. Federal law provides important 
protections to members of the Armed Forces and their dependents 
relating  to  extensions  of  consumer credit.  In  general,  the  cost  of 
consumer credit to a member of the Armed Forces and his or her 
dependent may not exceed an annual percentage rate of 36%. This 
rate  must  include,  as  applicable  to  the  credit  transaction  or 
account:    the  costs  associated  with  credit  insurance  premiums; 
fees  for  ancillary  products  sold  in  connection  with  the  credit 
transaction;  any  application  fee  charged  (other  than  certain 
application fees for a credit card account); and any participation fee 
charged  (other  than  certain  participation  fees  for  a  credit  card 
account).  The  Credit  Union  may  adjust  interest  or  fees  as 
necessary  in  any  month  in  order  to  ensure  that  the  annual 
percentage rate does not exceed 36%.  
Payment Obligation. Your payment obligation under your Credit 
Card  Account  is  set  forth  in  the  Minimum  Monthly  Payment 
provision (Section 4) of the Credit Card Agreement. 
Security Interest. 
Credit  Union  shares  or  deposits  pursuant  to  the  Credit  Card 
Agreement  will  not  apply  your  Credit  Card  Account.  A  security 
interest in shares or deposits granted in connection with any other 
credit card account, loan or line of credit does not secure the Credit 
Card  Account  identified  above,  in  spite  of  any  provision  that 
collateral securing one loan secures all of your other Credit Union 
obligations. However, if you establish a deposit or share account 
specifically  in  connection  with  your  Credit  Card  Account,  funds 
deposited  in  that  account  after  you  establish  the  Credit  Card 
Account are subject to our security interest as set forth above in 
the Credit Card Agreement. 
Credit Union Toll-Free Telephone Number. Call (800) 368-9328 
for verbal information about the Military  Annual Percentage Rate 
and your payment obligation. 

You understand and agree to the terms and conditions in this Agree-
ment and the Fair Credit Billing Notice. You acknowledge that you 
have received a copy of this Agreement, the Account Disclosure, and 
the Fair Credit Billing Notice. This Agreement is a final expression of 
the agreement between you and the Credit Union. 

© 2019 Farleigh Wada Witt. All Rights Reserved. This document may not be reproduced without written permission from Farleigh Wada Witt. 

11-11-19  4