LGE COMMUNITY CREDIT UNION 

Visa Achiever 

POST OFFICE BOX 1188 
MARIETTA, GEORGIA 30061 

In this Agreement, the words you, your and yours mean the undersigned Cardholder.  The words we, us 
and our mean LGE Community Credit Union.   

TERMS AND CONDITIONS 

Your  VISA  Card  may  not  be  used  for  any  illegal  transaction.    Such  use  may  subject  you  to  criminal 
penalties,  and  will  result  in  your  VISA  account  privileges  being  terminated.    NO  CHARGES  OR  DEBITS 
INCURRED FOR GAMBLING TRANSACTIONS WILL BE KNOWINGLY HONORED BY THE CREDIT UNION, and 
it shall be the Credit Union’s policy to attempt to “block” all such transactions. 

Purchases and Cash Advances.  You can use the Card for Purchases and Cash Advances.  You will owe us 
for these amounts plus Finance Charges and Other Charges, if any, all payable in United States Dollars.   

Monthly Statement.  We will generate one monthly statement provided to you electronically or by email 
on file at the time the statement is generated.  A statement will generate if your account has activity, 
including debits, credits, Finance Charges or Finance Charges or other charges during the Billing Cycle.  
You must pay us (or if we elect, to any party to whom we transfer and assign your Account) according to 
the Terms and Conditions of the Account.   

Terms and Conditions (including Federal Truth in Lending Disclosure): 

(a)  The conditions under which a Finance Charge will be imposed: 

Finance Charge – The cost of credit extended to you on the Account resulting from applying the Periodic 
Rate to the Average Daily Balance. 

(1) Purchases.  A Finance Charge will accrue from the date the transaction posts to the account during a 
Billing  Cycle  when  there  is  a  Previous  Balance  and  it  is  not  paid  in  full  within  the  first  25  days  of  the 
Billing  Cycle.    A  Finance  Charge  that  will  accrue  from  the  first  day  of  the  next  Billing  Cycle  will  be 
imposed  on  Purchases  included  in  the  New  Balance  when  the  entire  New  Balance  is  not  paid  in  full 
within 25 days after the Closing Date. 

(2) Cash Advances.  Credit extended by us to you in the form of a loan made when you present the Card 
to  us  or  to  any  financial  institution  honoring  the  Card,  or  use  of  any  other  credit  instrument,  device, 
overdraft  coverage  plan  or  automated  teller  machine  we  make  available  to  you.    A  Finance  Charge 
computed  on  a  Periodic  Rate  Basis  will  be  imposed  on  Cash  Advances  from  the  date  posted  to  the 
Account to the date paid.  The Finance Charge accrued on Cash Advances between the Closing Date of 
the Billing Cycle and the date your Account is credited will appear on your next statement.  There is no 
grace period within which to pay to avoid this Finance Charge.  

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(3) If your Account is subject to a Finance Charge, then the more that you pay and the sooner you pay 
the less your Finance Charge will be. 

(b) The method of determining the balance upon which a Finance Charge will be imposed: 

(1) We calculate the Cash Advance Finance Charge on your Account by applying a Periodic Rate to the 
“Average Daily Balance” of Cash Advances (rounded to the nearest penny), on your Account (including 
current transactions for Cash Advances).  To determine the “Average Daily Balance” of Cash Advances 
we begin with the previous day’s ending, Principal Cash Advance Balance (fees are not included).  To this 
balance, for each day in the billing period, we add new cash advances, new balance transfers, and other 
debit  transactions; then subtract any principal payments or other credit transactions.  The sum of the 
ending daily balances for the Billing Period is then divided by the number of days in the Billing Period.  
The result is the “Average Daily Balance” of Cash Advances.   

(2)  We  calculate  the  Purchase  Finance  Charge  on  your  Account  by  applying  a  Periodic  Rate  to  the 
“Average  Daily  Balance”  of  Purchases  (rounded  to  the  nearest  penny),  on  your  Account  (including 
current transactions for Purchases).  To determine the “Average Daily Balance” of Purchases we begin 
with the previous day’s ending, Principal Purchase Balance (fees are not included).  To this balance, for 
each day  in the  billing period, we add new Purchases and other debit  transactions; then subtract  any 
principal  payments  or  other  credit  transactions.    The  sum  of  the  ending  daily  balances  for  the  Billing 
Period  is  then  divided  by  the  number  of  days  in  the  Billing  Period.    The  result  is  the  “Average  Daily 
Balance” of Purchases.  If the entire Previous Balance is paid in full within the first 25 days of the Billing 
Period, the Average Daily Balance of Purchases will be considered to be $0. 

(c) The method of determining the  amount  of the  FINANCE CHARGE:  The FINANCE CHARGE imposed 
during a Billing Cycle will be determined by: 

(1)  Multiplying  the  Average  Daily  Balance  of  Cash  Advances  by  the  Monthly  Periodic  Rate  for  Cash 
Advances;  the  corresponding  ANNUAL  PERCENTAGE  RATE  is  determined  by  multiplying  the  Monthly 
Periodic Rate by 12. 

(2) Multiplying the Average Daily Balance of Purchases by the Monthly Periodic Rate for Purchases; the 
corresponding ANNUAL PERCENTAGE RAGE is determined by multiplying the Monthly Periodic Rate by 
12. 

(3) Adding the results of (1) and (2). 

(4)  The  FINANCE  CHARGE  and  ANNUAL  PERCENTAGE  RATE  are  determined  by  the  application  of  a 
Variable Rate and may vary monthly:  The Monthly Periodic Rate will be determined monthly in advance 
of  the  Billing  Cycle  to  which  it  will  be  applied,  during  the  last  week  of  the  preceding  month,  in  the 
following manner:  (a) We will determine the average of the 26-Week Treasury Bill (“T-Bill”) Rates for 
the  preceding  four  weeks,  (b)  then  we  may  add  up  to  18%  percentage  points  to  such  T-Bill  Rate,  as 
announced, for Purchases and Cash Advances; (c) We will then divide the resulting percentage by 12 to 
determine  the  Monthly  Periodic  Rate  applicable  to  Cash  Advances  and  Purchases  for  the  next  Billing 
Cycle.  If the Federal Reserve Bank should cease publishing the 26-Week T-Bill Rate, then we reserve the 
right  to change  the index or method of computing your interest.   If we do change  the index, we  will 
notify you. 

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(5)  An  increase/decrease  in  the  26-week  T-Bill  may  cause  a  corresponding  increase/decrease  in  the 
ANNUAL  PERCENTAGE  RATE,  and  may  increase/decrease  the  number  of  your  payments  of  the  same 
amount.  An increase/decrease in the T-Bill will take effect on the first day of the Billing Cycle. 

(6)The Monthly Periodic Rate for Purchases or Cash Advances will not exceed 1.5000% (corresponding 
ANNUAL PERCENTAGE RATE of 18%). 

(7) Please see Attachment ‘A’ for the current ANNUAL PERCENTAGE RATE. 

(d) The conditions under which any Other Changes may be imposed: 

(1) Late Payment Charge.  If you do not pay a Minimum Payment within 10 days after the Closing Date of 
the Billing Cycle within which it is due, a Late Payment Charge will be imposed on your Account.  Please 
see Attachment “A” for current Late Payment Fee. 

(2) Returned Check Fee.  If any check in payment of your Account is returned unpaid for any reason we 
may charge a returned check  fee.  Please see Attachment “A” for current Returned Check Fees. 

 (3) Statement/Charge Slip Copy Fee.  We may impose a charge for each copy of your monthly statement 
that  you  request.    We  may  impose  a  charge  for  each  copy  of  a  standard  transaction-charge  slip  you 
request and for each copy of a travel and entertainment transaction-charge slip you request the charge.  
No charge will be imposed in connection with any good faith assertion of a billing error given to us in 
writing. Please see Attachment “A” for current Statement/Charge Slip Copy Fees. 

(4) Stop Payment Fee.  If we accept a stop payment order from you on a Convenience Check, we will 
charge your Account a stop payment fee.  Please see Attachment “A” for current Stop Payment Fees. 

(5) Insufficient Funds Charge.  If you issue a Convenience Check in excess of the available balance in your 
Credit Line, you agree to pay an insufficient funds charge for each such item, whether or not we honor 
such item.  Please see Attachment “A” for current Insufficient Funds Charge fees. 

(6) Convenience Check Copy Fee.  Unless your request is a Billing Error Inquiry as defined by the Federal 
Fair Credit Billing Act, we will charge you a fee for each copy of a Convenience Check, which we provide.   
Please see Attachment “A” for current copy charges. 

  (e) The conditions under which we may retain or acquire any security interest in any property to secure 
the  payment  of  any  credit  extended  on  the  Account:    The  line  of  credit  applied  for  herein  shall  be 
unsecured,  and  we  waive  and  disclaim  the  attachment  of  this  Agreement,  or  any  debt  created  or 
incurred pursuant hereto, of any and all security interest which may arise or result by operation of Law 
prior to judgment or under the terms of any other agreement, note or security deed in any property of 
any kind belonging to you.  Any other agreement, note, security deed or document or statement to the 
contrary  notwithstanding,  you  do  not  convey  to  us  any  security  interest  in  your  principal  dwelling  by 

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execution  hereof  or  by  incurring  debts  or  credit  hereunder;  irrespective  of  the  terms  of  any  contrary 
agreement,  note,  security  deed  or  document  or  statement,  unless  a  debt  created  pursuant  to  this 
Agreement is reduced to a judgment in a Court of Law, we agree not to assert any interest arising out of 
this Agreement in or against your principal dwelling, prior to such judgment.   

(f) The minimum periodic payment required: 

(1)  Minimum  Payment.    If  you  elect  not  to  pay  your  balance  in  full,  a  payment  according  to  the 
following  schedule  must  be  made  by  you  within  25  days  after  the  Closing  Date  of  the  Billing 
Cycle as shown on your statement.  If your New Balance is less than $10.00; it must be paid in 
full.    Otherwise,  your  Minimum  Payment  will  be  2%  of  the  New  Balance,  but  not  less  than 
$10.00.  In addition to the  above, your Minimum Payment will  include  the amount  of all past 
due payments and may include the amount by which the New Balance exceeds the Credit Line 
for the Account. 

 (g) Application of Payments:   Payments in excess of the minimum payment will be applied first 
to the card balance bearing the highest rate of interest and any remaining portion to the other 
balances in descending order based on the applicable annual percentage rate. 

(h) Your Liability for Unauthorized Use of Your Card:  You may be liable for the unauthorized use of your 
credit card.  You will not be liable for unauthorized use that occurs after you notify us at the following 
address: 

LGE Community Credit Union 
P.O. Box 1188 
Marietta, Georgia 30061 
Telephone Number (770) 424-0060, 

orally or in writing, of the loss, theft, or possible unauthorized use.  In any case,  your liability will not 
exceed $50.00. 

Convenience Checks 

Convenience Check - Any draft or check, or other single-access paper device which we make available to 
you to obtain credit on your Account, subject to the terms of this Agreement.  The credit which you 
obtain through the use of a convenience check will be subject to the same terms and conditions as a 
Cash Advance.   

(i) We will honor Convenience Checks signed by a either the primary, joint or authorized user. 

 (a) Convenience Checks cannot be used to make payments on your LGE Visa account. 

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 (j) Your Liability for Unauthorized Issuance of Convenience Checks and Your Responsibility to Examine 
Your Monthly Visa Statement; Availability of Copies:  You will not receive your canceled Convenience 
Checks.  Convenience Checks are “items” for purposes of Section Four of the Uniform Commercial Code, 
as adopted in Georgia (Official Code of Georgia Annotated Sec. 11-4-401).  You agree that the time 
periods set out in the above Georgia law will govern your responsibility to report any improper payment 
of any of your Convenience Checks.  It is your responsibility to examine your monthly statement 
carefully and to report any unauthorized Convenience Checks to us.  If you fail to receive your 
statement, we will not be responsible for any unauthorized Convenience Checks on it unless you notify 
us within 60 days after the date on which it is customarily sent to you that you have not received it.    
Contact Support Services to request copies of convenience checks or statements at (770) 424-0060. 

(k) Lost or Stolen Checks:  Contact Support Services to report Convenience Checks as lost or stolen at 
(770) 424-0060.  You agree to contact us immediately if any of your Convenience Checks are lost or 
stolen.  Failure to do so renders you responsible for all Convenience Checks paid by us without 
negligence.   

 (l) Joint Accounts; Freezing Accounts; Monthly Statements; Stop Payment Orders: 

(1) We will honor Convenience Checks signed by any one of you; more than one signature is not 
required. 

(2) We may freeze the Account upon written request of any one of you. 

(3) We will send out only one monthly statement.  It will be sent to the address you have designated for 
notice in this Agreement, or to such subsequent address as any one of you designate to use in 
accordance with the provision for change of address in this Agreement.  Copies of the monthly 
statement are available upon request for a fee as set forth in Appendix A. 

(4) Stop Payment:   Primary, joint or authorized users can request a stop payment in conformity with 
applicable Georgia law   Verbal requests are effective for only 14 days.   A written request is effective for 
only six months after we receive it unless you renew it in writing received by us within that period.  If we 
accept a stop payment order from you, we will charge your Account a stop payment fee. 

YOUR BILLING RIGHTS – KEEP THIS NOTICE FOR FUTURE USE. 

This  notice  contains  important  information  about  your  rights  and  our  responsibilities  under  the  Fair 
Credit Billing Act.   

Provide Written Notification in Case of Errors or Questions About Your Bill. 

We must receive written notification from you no later than 60 days after we sent you the first bill on 
which the error or problem appeared.  Verbal notification will not preserve your rights.  In your letter, 
provide the following information: 

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  Your name and account number. 

  The dollar amount of the suspected error. 

  Describe the suspected error. 

Your Rights and Our Responsibilities After We Receive Your Written Notice 

If we correct the error, the credit will appear on your statement. 

If the error requires investigation we must notify you within 30 days of receipt of your letter.  
We have 90 days to correct the error or explain why we believe the bill was correct. 

  You do not have to pay any questioned amount while we are investigating, but you are still 

obligated to pay the parts of your bill that are not in question. 

  We cannot report you as delinquent while we research the amount in question.  We can 

continue to bill you for the amount in question, including finance charges, and we can apply any 
unpaid amount against your credit limit.  

 If we determine there was an error, you will not have to pay finance charges associated with the 
amount in question.  

 If we determine there was not an error, finance charges will apply and payment is required for the 
amount in question.  You will receive a statement of the amount you owe and the date that it is due.   

If you disagree with our decision, write to us within ten days and state that you refuse to pay.   If 
you fail to pay the amount in question, we may report you as delinquent.  If we report you as 
delinquent we must: 

o 

Inform anyone we report you to that you have a question about your bill.   

o  And, we must inform you the name of anyone we reported you to.   

o  We must inform anyone we report you to when the matter has been settled between 

us.  

If we do not follow these rules, we cannot collect the first $50 of the questioned amount, even if your 
bill was correct. 

Special Rule for Credit Card Purchases 

If you have a problem with the quality of property or services that you purchased with a 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 property or services.  There are two limitations on this right: 

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(a) You must have made the purchase in your home state or, if not within your home state, within 100 
miles of your current mailing address; and 

(b) The purchase price must have been more than $50. 

These limitations do not apply if we own or operate the merchant, or if we mailed you the 
advertisement for the property of services. 

ADDITIONAL PROVISIONS 

You also agree to all of the following: 

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 our agent immediately upon demand.  If we ask, you will destroy 
the Card by cutting it in half or shredding. – check on this because they do not return cards any longer. 

Card Use by Others.  If you authorize another person to use a Card or obtain credit on your Account and 
entrust a Card to him or her for that purpose, you agree that such authorization shall continue in effect 
for as long as that person has the Card; that you will be liable for all charges to the Account arising from 
use of the Card by such person during that time; and that no revocation of such authorization by you will 
be effective or binding on us until you recover possession of the Card and/or Account for same to our 
satisfaction.  Misuse of a Card by an authorized User will not be considered to be “unauthorized use” 
under the terms of the Agreement. 

User.  The person(s) authorized by a Cardholder to obtain credit under an Account whether named in an 
application as a User or otherwise.  We may reveal Account information upon the request of any User, 
including balances, transaction details and payment histories.  The Authorized User only has access to 
the account as long as the Primary account holder is living or has not revoked their status as Authorized 
User.  Any usage of said card after either of the above conditions will constitute liability on the part of 
the Authorized User.  

Individual Liability.  You, as a Cardholder, will be liable for any credit obtained under an Account, 
whether obtained by you or by a User of the Account.  If there is more than one Cardholder then each 
will be liable, jointly and severally, for all credit obtained under such Account as well as all finance and 
other charges provided for in this Agreement. 

Credit Line.  You will not use the Account to obtain credit in excess of the amount of the Credit Line 
available to you.  However, if we agree in writing to temporarily allow you to exceed your Credit Line, 
you agree to repay the excess amount according to the terms of this Agreement.  We can increase or 
decrease your Credit Line at our discretion. 

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Loss or Theft of Card.  You will notify us immediately of the loss or theft, or the use without your 
permission of any Card or other credit instrument or device which we supply to you by calling (770) 424-
0060.   

Our Address.  You should address letters and other notices to us at: 

LGE Community Credit Union 

Attn:  Support Services Department 

P.O. Box 1188 

Marietta, GA 30061 

Fax number 770-421-2505 

Transactions.  You will retain for statement verification your copy of each slip (ticket/draft) resulting 
from each Purchase, Cash Advance and other transactions on your Account.  We will provide you with 
photographic or other documentary evidence of each transaction upon your reasonable request for a 
per copy charge or upon proper written notice of a billing error. 

Termination.  Either you or we may terminate or suspend your credit privileges under this Agreement at 
any time.  The provisions of this Agreement shall otherwise remain in full force and effect until you pay 
all sums due us. 

Transfer of Account.  You cannot transfer an Account to any other person. 

Honoring of Card.  We will not be responsible for the failure or refusal of anyone to honor the Card or 
any other credit instrument or device we supply to you. 

Refunds.  If a seller agrees to give you a refund or adjustment, you will accept a credit slip for your 
Account in lieu of a cash refund.  Retain the copy of the credit slip and verify that the credit appears on 
your account. 

Change of Address.  You will advise us promptly if you change your mailing address.  We can accept 
address corrections received from the U.S. Postal Service.  All written notices and statements by us to 
you will be sent to your address as it appears on our records. 

Credit Reports.  You authorize us to make or have made any credit, employment, and investigate 
inquiries as we deem appropriate for the extension of credit or collection of amounts owing on the 
Account.  We can furnish information concerning your Account or credit file to consumer reporting 
agencies and others who may properly receive that information. 

Irregular Payments.  We can accept late payments or partial payments, or checks and money orders 
marked “payment in full”, or similar words, without losing any of our rights under this Agreement.  
Payments must not be made by a postdated check (shows a future date).  If we receive a payment by a 

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postdated check, we may clear the check and we shall have no liability if the check is posted to the 
deposit account prior to the date which appears on the check. 

Default.  You will be in default on this Agreement if you do not make at least a Minimum Payment on or 
before the Payment Due Date; you try to exceed or do exceed your Credit Line without our permission; 
you become subject to bankruptcy or insolvency proceedings; attachment or garnishment proceedings 
are instituted against you or your property, or we reasonably deem ourself insecure, you provide us with 
false information or signature; you die or fail to comply with any provision of this Agreement.  
Acceptance of a payment or Late Payment Charge after a Payment Due Date or after you have exceeded 
your Credit Line does not waive the default.  Default on any Account or obligation that you have with us 
will constitute default on all Accounts with us.  If you are in default we may, at our option, declare the 
entire balance due immediately without notice or demand.  You must pay all costs, disbursements and 
reasonable attorney’s fees of 15% of all sums due incurred by us to collect and enforce the debt on this 
Account in the event of delinquency by you or in event of a breach of any obligation by you under this 
Agreement. 

Delay in Enforcement.  We can delay enforcing our rights under this Agreement without losing them. 

Amendment and Assignment.  Upon such notice to you, if any, as may be required by law, the terms and 
conditions set forth in this Agreement may be amended by us at any time, which amendment shall 
govern any transactions occurring prior to the effective date of the amendment, as to which there is any 
unpaid balance owing to us on the effective date of the amendment, and the amendment shall also 
govern any transaction occurring after such effective date.  Upon notice of amendment, you will have 
the right to surrender your Card, whereupon you may continue to pay off your Account in the same 
manner and under the same terms and conditions as then in effect.  Your failure to surrender the Card 
prior to the effective date of the amendment shall constitute a consent to the amendment. 

We will have the right to assign and transfer our rights under this Agreement and any amounts you owe 
to us; and the term “us” shall be deemed to include each and every immediate and successive assignee. 

Foreign Exchange/Currency Conversions:  An International Service Assessment (ISA) Fee will be assessed 
on all transactions where the merchant country differs from the country of the card issuer.  An ISA fee of 
1%  will  be  assessed  for  multiple-currency  international  transactions  and  a  0.8%  ISA  fee  for  single-
currency international transactions.  Visa defines multiple-currency transactions as transactions made in 
foreign  countries  involving  currency  conversion  to  U.S.  dollars.    Single-currency  transactions  are 
international transactions not involving currency conversions to U.S. dollars.  The converted transaction 
amount  will  be  shown  separately  from  the  International  Service  Assessment  Fee  on  your  billing 
statement.    This  fee  will  be  assessed  on  all  international  purchases,  credit  vouchers,  and  cash 
disbursements. 

Foreign Transaction Currency Exchange Rate:  The exchange rate for transactions in a foreign currency 
will be a rate selected by Visa from the range of rates available in wholesale currency markets for the 
applicable  central  processing  date,  which  rate  may  vary  from  the  rate  Visa  itself  receives,  or  the 

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government  mandated  rate  in  effect  for  the  applicable  central  processing  date  plus  the  International 
Service Assessment Fee. 

Guarantor.    Any  person  signing  this  Agreement  who  is  not  a  Member  of  the  Credit  Union  obligates 
himself a guarantor of payment only.   

Retention of Agreement.  You agree  that the Credit  Union may  retain this Agreement to comply  with 
federal and/or state law. 

Severability.    If  any  provision  of  this  Agreement  is  held  invalid,  all  valid  provisions  that  are  severable 
from the invalid provision remain in effect. 

Captions  and  Catchlines  for  Reference  Only.    Captions  and  catchlines  are  intended  solely  as  aids  to 
convenient reference, and no inference as to intent with respect to this Agreement may be drawn from 
them. 
Law Governing.  This Agreement is governed by federal laws and the laws of Georgia as they apply. 

Rev: 02/2010 

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