Credit Card Disclosures

• Disclosures Required by Federal Law

• Statement of Terms and Conditions

• Your Billing Rights

These are the regulations and disclosures under which our program is governed.

This Agreement, and the rules and regulations contained herein, is effective September 1, 2007. The term Cardholder means any person to whom a Credit Card is issued/authorized. Credit Card means any Visa Rewards, UW-River Falls Visa Rewards, Platinum Visa Rewards, UW-River Falls Platinum Visa Rewards and Business Platinum Visa issued by WESTconsin Credit Union (“WCU”), including any duplicate or renewal Credit Card, which the Cardholder has requested and received, or has signed, or has used, or authorized another to use, for the purpose of obtaining money, property, labor or services on credit. “You” and “your” means “Cardholder.” “We”, “us”, “our”, and “WCU” mean WESTconsin Credit Union.

1. ISSUANCE OF CREDIT CARD. When you apply for and receive a Credit Card (the "Card(s)") or are authorized to use a Card, you agree to be bound by this Agreement. Duplicate, substitute, or renewal Cards are the same as an original Card. All Cards remain WCU's property, and if we request, you must surrender all Cards issued to you. You must notify WCU within thirty (30) days of any address change.

2. RESPONSIBILITY. You agree to repay all debts and obligations due on your Card account for Card charges (the "Charges") to your account. Charges include, but are not limited to, debts and obligations for purchases of goods or services, loans, cash advances, or balance transfers, membership and other fees and Finance Charges arising from use of your Card or the use your Card account without the use of your Card. For example, you are responsible for Charges made by you, your spouse, and minor children. You are also responsible for Charges made by anyone else to whom you give or permit use of your Card, and this responsibility continues until you recover and return the Card to us. Except to the extent permitted by law, you cannot disclaim responsibility for the Charges by notifying us, and your responsibility to pay the Charges continues even though an agreement, divorce decree, or court judgment to which we are not a party may affect you or one of the other persons responsible to pay the Charges. Any person using the card shall be jointly responsible with you for Charges made by that person, and if that person signs the Card, that person is also responsible for all Charges made, including yours, to the extent permitted by law.

3. CREDIT LINE. We will establish a Credit Line for you and advise you of its amount. You agree you will not make Charges which will result in an account balance exceeding your Credit Line. If your Charges exceed your Credit Line, we may charge you an overlimit fee (*) and terminate your credit privileges temporarily or permanently. We reserve the right to increase or decrease your Credit Limit or revoke your Card without affecting your obligation to pay the Charges. In any event, if your Charges exceed your Credit Line, you will be responsible for the total amount of Charges outstanding. If any party to a joint Credit Line requests an increase in Credit Line, that person is considered to be acting as the agent of the other parties to the joint Credit Line for that purpose.

4. USING YOUR CREDIT CARD. To make a purchase of goods or services or to obtain a cash advance, present your Card to a participating merchant or participating financial institution. "Participating" means that the merchant or financial institution honors your Card. All purchases and cash advances count against your Credit Line. You may also receive a cash advance from certain automatic teller machines (ATMs). You will need to use your Personal Identification Number (PIN) to obtain a cash advance from an ATM. You should keep these receipts from participating merchants, financial institutions, and ATMs in order to verify your Card monthly statement, and for proof of purchase. We reserve the right to charge a reasonable fee for photostatic or duplicate copies of checks, machine receipts, or billing statements you request, except when we are required by law to provide these free of charge.

5. ILLEGAL USE AND INTERNET GAMBLING. Your Card may not be used for any illegal transaction. For example, you may not use your Card for gambling, or for gambling online, where such gambling is illegal in your state, and you may not use your Card for gambling in any locale where gambling or online gambling is illegal under that locality's local or state law. Further, you may not use your Card for any transaction which is illegal in your state, and you may not use your Card for any transaction in any locale where such a transaction is illegal under that locality's state or local law. Should your Card be used for any illegal transaction, WCU shall bear no responsibility for such use and shall incur no liability to you for such use.

6. FINANCE CHARGE. You agree to pay the FINANCE CHARGE during any Card billing cycle in which you (a) received or had an outstanding cash advance (b) failed to pay in full the balance of Charges shown on the previous statement during the grace period or (c) received or had an outstanding balance transfer. You can avoid FINANCE CHARGE on purchases by paying the full amount of the New Balance of Purchases each month within your billing cycle. Otherwise, the New Balance of Purchases and subsequent purchases from the date they are posted to your account will be subject to FINANCE CHARGE. Cash advances and balance transfers are always subject to FINANCE CHARGE from the date they are posted to the account until it is paid in full.

The total FINANCE CHARGE shown on your billing statement is the sum of the FINANCE CHARGES that are due for purchases, cash advances, and balance transfers. We fi gure the FINANCE CHARGE by applying the periodic rate to the “average daily balance” of your account including new transactions. To get the “average daily balance” we take the beginning balance of your account each day, add any new purchases, cash advances, and balance transfers, and subtract any payments, credits applied, or late payment fees due. This gives us the daily balance. Then, we add up all the daily balances for the billing cycle and divide the total by the number of days in the billing cycle. This gives us the “average daily balance”.

6A. ANNUAL PERCENTAGE RATE (APR). The Annual Percentage Rate is determined bi-annually in April and October based on your cumulative credit history. The interest portion of the FINANCE CHARGE is calculated at the Annual Percentage Rate will be 9.5%, 11.5%, 13.5%, 15.5%, and 17.5% per month (periodic rate of .8250%, .9917%, 1.1583%, 1.3250%, and 1.4917% respectively) of your charges subject to interest, including all balances of Charges outstanding. By providing you with written notice by mail, addressed to your last known post office address, not less than thirty (30) days prior to any increase in the FINANCE CHARGE, WCU may establish an Annual Percentage Rate of more than 9.5% for Charges subject to interest during certain periods of time as permitted by Section 422.01 (10m)(b), Wis. Stats.

For Business Platinum Visa cards, the interest portion of the FINANCE CHARGE is calculated at the Annual Percentage Rate of 9.9% per month (periodic rate of .8250%) of your charges subject to interest, including all balances of Charges outstanding. By providing you with written notice by mail, addressed to your last know post office address, not less than thirty (30) days prior to any increase in the FINANCE CHARGE, WCU may establish an Annual Percentage Rate of more than 9.9% for Charges subject to interest during certain periods of time as permitted by Section 422.01 (10m)(b), Wis. Stats.

6B. PENALTY APR. If your account is delinquent sixty (60) or more consecutive days, the Annual Percentage Rate will increase 5.00% above your standard rate. This higher rate will apply to purchases, balance transfers, and cash advances and will remain in effect until the account is current for six (6) consecutive months.

7. MONTHLY PAYMENT. We will mail you a billing statement every month at the most recent address you have given the Credit Union, unless we deem your account uncollectible, if delinquency collection proceedings have been instituted, or if furnishing the statement would violate Federal law. Notice sent to any one of you will be considered notice to all. The statement will show your previous balance of Charges, current transactions on your account, the remaining available credit under your credit line, your new balance of Charges, and the minimum payment due. You must pay at least the minimum payment due each month, within the grace period after the date of your statement. The minimum payment will be 3% of your new balance of Charges or $10.00. You may, of course, pay more than the minimum or pay the new balance of Charges in full, and you will reduce or avoid the Finance Charge by doing so.

We will apply your payment first to any late payment fee, then to any Finance Charge, and then to the remaining balance. Payment on purchases, cash advances, and balance transfers will be made in the order they were posted to your balance. If two or more transactions were posted on the same day, your payment will be applied first to the smallest transaction. Unless you direct otherwise, we will apply any amount in excess of the minimum payment to the portion of your balance that is subject to interest. Any amount paid in excess of the minimum payment will reduce your balance, but will not prepay any future minimum payments.

8. ANNUAL CARD FEES. The Business Platinum Visa account will be subject to an annual membership fee which is payable in advance and will be posted to your account as a purchase. The annual membership fee for the account will be waived for the first year.

9. OTHER CHARGES. Your account will be subject to the following charges:
(a) Overlimit fee(*). You may be charged a fee on your billing statement if your balance exceeds your Credit Line. You may be charged this fee each subsequent month until your balance is paid below your Credit Line.
(b) Late payment fee(*). Your account may be charged a fee if we do not receive the minimum payment due within five (5) days after your payment due date.
(c) Returned check or item fee(*). You may be charged a fee for each non-sufficient funds check or item returned to us as payment on your account.
(d) Document copy fee(*). Your account may be charged for copies of checks and machine receipts or for billing statements we have previously sent you, together with hourly charges for searching our records.
(e) Card replacement fee(*). There may be a fee for a temporary emergency card, rush order for card embossing, or replacing a lost, stolen, or damaged card. A lost/stolen card may be reissued up to one time at WCU’s discretion.
(f) Reissue pin(*). You may be charged a fee to reissue a Personal Identification Number (PIN).

10. DEFAULT. You will be in default if you fail to make the minimum payment on time two (2) times during any twelve-month period. You will also be in default if your ability to repay us or the value to us of our security interest is materially reduced by a change in your employment, an increase in your obligations, bankruptcy or insolvency proceedings involving you, the fact that you or your spouse dies or changes domicile or marital status, or your failure to abide by the terms of this Agreement. If you are in default, we have the right to demand immediate payment of your full balance of Charges. You have fifteen (15) days after we send you written notice of your default to cure your default. We have the same right to demand full payment, without written notice to you of your right to cure default, if the default is your third within twelve (12) months and we notified you of your two (2) previous defaults. In addition, if you are a resident of Wisconsin and you are married, we may declare your balance of Charges due and payable in full if we receive written notice from your spouse terminating your Card account. You (and your spouse, to the extent not prohibited by law) remain responsible for all Charges to your account both before and after we receive notice from your spouse.

11. SECURITY INTEREST. Each and every purchase and cash advance through your Card account constitutes a loan made by us to you in the State of Wisconsin. You agree that the Wisconsin Consumer Act applies to all such loans (except for the rate of Finance Charge which may be governed by federal law) even though you may use the loan(s) for business purposes or you are a person not otherwise covered by the Act. To secure each purchase loan, you grant us a security interest under the Uniform Commercial Code in any goods you purchase with your Card. If you default, we have the right to recover any of these goods for which full payment has not been made through our application of your payments in the manner described in section 7. You also give us a security interest in collateral pledged with us to secure other loans with us, unless use of such collateral would be prohibited by law.

12. RETURNS AND ADJUSTMENTS. Participating merchants who accept your Card will give you credit for permitted returns or adjustments by submitting a credit slip which we will post to your account. We will apply those credits first to your current purchases and then to your previous balance of Charges. If your credits from merchants, your payments, and other credits exceed what you owe us, we will hold and apply the excess against future purchases and cash advances, or refund it upon your written request. We will make a good faith effort to return to you any credit balance which remains on your account for more than six (6) months.

13. FOREIGN TRANSACTIONS. Purchases and cash advances made with your Card in foreign countries and foreign currencies will be charged to your account in U.S. dollars. The conversion to dollars will be made in accordance with Visa operating regulations. Currently, the currency conversion rate used to determine the transaction amount in U.S. dollars is generally either a government-mandated rate or the wholesale rate in effect the day before the transaction posting date, increased by 1%, a transaction fee imposed by the Credit Union. The conversion rate at the time of your purchase or cash advance may differ from the rate in effect on the date the purchase or cash advance is posted to your account.

14. PLAN MEMBER DISPUTES. We are not responsible for the refusal or failure of any participating merchant or financial institution or of any automated teller equipment to accept your Card. You must resolve any disputes regarding goods or services that you purchased with your Card from a participating merchant directly with that participating merchant under the conditions outlined in your Billing Rights Notice, and in the Billing Rights Summary which is printed on the back of your monthly Card statement.

15. UNAUTHORIZED USE. You agree to notify us as soon as possible of the loss, theft, or possible unauthorized use of your Card. You may be liable for unauthorized use of your Card. You will not be liable for unauthorized use which occurs after you notify Credit Card Security Dept., P.O. Box 31216, Tampa Bay Florida 33631, (800) 449-7728, orally or in writing of the loss, theft, or possible unauthorized use of your Card. In any case, your liability will not exceed $50.00 unless you are a business or other organization to whom we have issued ten (10) or more Cards for use by your employees.

16. CREDIT STANDING. You agree that we may investigate your credit standing by making inquiries about you and that we may give information about your account to others in response to legitimate credit inquiries.

17. ATM SERVICES. You agree, unless otherwise notified in writing, that we may add the services of ATM to your Card(s) and that your use of ATM services will be governed by this Agreement.

18. EFFECT OF AGREEMENT. This Agreement is the contract which applies to all transactions on your account even though the sales, balance transfers, cash advances, or credit slips you sign may contain different terms. We may amend this Agreement from time to time by sending you advance written notice of the amendments. Your use of your Card thereafter will indicate your agreement to the amendments. To the extent we indicate in our notice and that the law permits, amendments will apply to your existing balance of Charges as well as to future transactions. No delay or omission in exercising any rights granted to us hereunder shall impair such rights or be construed to be a waiver thereof. No waiver of rights shall be valid unless signed in writing by one of our authorized officers, and then only to the extent indicated in the writing. If any provision of this Agreement is determined by law to be invalid, such determination will have no effect on the validity of any other part of this Agreement.

(*) SEE CREDIT CARD TERMS AND FEE SHEET FOR CURRENT CHARGES

CURewards Program Rules

(Available on Visa Rewards, UW-River Falls Visa Rewards, Platinum Visa Rewards, and UW-River Falls Visa Rewards)

You will earn one point for each qualifying purchase and balance transfer, net of returns you charge to your credit card account. No points are earned for finance charges, fees, cash advances, convenience checks, foreign transaction currency conversion charges, or insurance charges posted to your account.

Points earned on other credit cards and/or airline programs cannot be transferred to or be combined with this program. Points on this program cannot be exchanged for cash or credit, may not be used with any other offer, promotion, or discount, and cannot be earned from or transferred to any other charge or credit account.

Points are non-transferrable and are forfeited in the event the account is closed. If the account is reopened, the forfeited points will not be reinstated.

Only accounts that comply with the terms and conditions of this credit card agreement will be eligible to earn points. If your account is delinquent or overlimit, you will not accrue points, and we will have the option to withdraw points previously earned. Points begin accruing again once the account is no longer delinquent and overlimit.

Points will accrue over five (5) calendar years and will expire on a first-in, first-out basis annually. Points earned in calendar year one will expire on December 31st of calendar year five (5).

Some restrictions and limitations may apply. Please refer to the CURewards brochure that we provided you separately for complete details or visit the CURewards web site. The Credit Union has the right to change the CURewards program at any time.

Termination or Modification of CURewards Program

WESTconsin Credit Union reserves the right to terminate this program or to modify or amend the terms and conditions of this program, such as by increasing the number of air mile points required for an award, at any time, with or without notice to a Cardholder. WESTconsin Credit Union may make changes or modifications to the program at any time, even though the changes or modifications may affect the value of air mile points already accumulated by a Cardholder.

Other

1. Any tax implications imposed by receiving a ticket are the sole responsibility of the Cardholder. Please consult your tax advisor.

YOUR BILLING RIGHTS NOTICE

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

Notify Us In Case Of Errors or Questions About Your Bill.
If you think your bill is wrong or if you need more information about a transaction on your bill, write us at Customer Service, P.O. Box 31112, Tampa, FL 33631-3112 as soon as possible. We must hear from you no later than sixty (60) days after we sent you the fi rst bill on which the error or problem appeared. You can telephone us, but doing so will not preserve your rights. In your letter, give the following information: 1) Your name and your account number. 2) The dollar amount of the suspected error. 3) Describe the error and explain, if you can, why you believe there is an error. If you need more information, describe the item about which you are not sure.

Your Rights and Our Responsibilities After We Receive Your Written Notice. 1) We must acknowledge your letter within thirty (30) days, unless we have corrected the error by then. Within ninety (90) days, we must either correct the error or explain why we believe the bill was correct. 2) After we receive your letter, we cannot try to collect any amount in question or report you as delinquent. We can continue to bill you for the amount you question, including Finance Charges, and we can apply any unpaid amount against your credit limit. You do not have to pay any questioned amount while we are investigating, but you are still obligated to pay the parts of the bill that are not in question. 3) If we find that we made a mistake on your bill, you will not have to pay any Finance Charges related to any questioned amount. If we didn't made a mistake, you may have to pay Finance Charges and you will have to make up any missed payments on the questioned amount. In either case, we will send you a statement of the amount you owe and the date that it is due. 4) If you fail to pay the amount that we think you owe, we may report you as delinquent. However, if our explanation does not satisfy you and you write to us within 10 days telling us that you still refuse to pay, we must tell anyone to whom we report you that you have a question about your bill. And, we must tell you the name of anyone to whom we reported you. We must tell anyone to whom we report you that the matter has been settled between us when it finally is. 5) If we don't follow these rules, we can't collect the first $50.00 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 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. These are two limitations on this right: 1) 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 2) The purchase price must have been more than $50. These limitations do not apply if we own or operate the merchant, or we mailed you the advertisement for the property or service.