Disclosure Information

FEDERAL DISCLOSURE STATEMENT - VISA CARD
1. Responsibility. If we issue you a card, you agree to repay all debts and the FINANCE CHARGE arising from the use of the card and the card account. For example, you are responsible for charges made by yourself, your spouse and minor children. You are also responsible for charges made by anyone else to whom you have given the card, and this responsibility continues until the card is recovered. You cannot disclaim responsibility by notifying us, but we will close the account for new transactions if you so request and immediately return all your cards. Your obligation to pay the account balance continues even through an agreement, divorce decree or other court judgment to which we are not a party may direct you or one of the other persons responsible to pay the account. Any person using the card is jointly responsible with you for charges he or she makes, but if that person signs the Agreement he or she becomes a party to the Agreement and is also jointly responsible for all charges on the account, including yours.
2. Lost Card Notification. If you believe the Card has been lost or stolen, you must immediately call 1-800-991-4964.
3. Liability for Unauthorized Use. You understand that your total liability to the Credit Union shall not exceed $50.00 for any Card transaction resulting from the loss, theft or other unauthorized use of the Card that occurs prior to the time you give notice to the Credit Union.
4. Credit Line. If we approve your application, we will establish a self-replenishing Line of Credit for you and notify you of this amount when we issue the card. You agree not to let the account balance exceed this approved Credit Line. If circumstances cause your total purchases and cash advances to exceed your credit limit, you will be assessed a $20.00 OVERLIMIT FEE per statement cycle. Each payment you make on the account will restore your Credit Line by the amount of the payment which is applied to principal. Your may request an increase in your Credit Line only by written application to us, which must be approved by our credit committee or loan officer. By giving you written notice our credit committee may reduce your Credit Line from time to time, or with good cause, revoke your card and terminate this Agreement. Good cause includes your failure to comply with this Agreement, or our adverse reevaluation of your credit worthiness. You may also terminate this Agreement any time, but terminating by either of us does not affect your obligation to pay the account balance. The cards remain our property and you must recover and surrender to us all cards upon request and upon termination of this Agreement.
5. Credit Information. You authorize us to investigate your credit standing when opening, renewing or reviewing your account, and you authorize us to disclose information regarding your account to credit bureaus and other creditors who inquire to us about your credit standing, to the extent authorized by our By-Laws.
6. Monthly Payments. We will mail you a statement every month showing your Previous Balances of purchase and cash advances, the current transactions on your account, the remaining credit available under your Credit Line, the New Balances of purchases and cash advances, the total New Balance, the FINANCE CHARGE due to date, other billed fees, and the Minimum Payment required. Every month you must pay at least the Minimum Payment within 25 days of your statement closing date. You may, of course, pay more frequently, pay more than the minimum Payment, or pay the total New Balance in full, and you reduce the FINANCE CHARGE by doing so. The Minimum Payment will be either (a) 2.5% of your Total New Balance, or $20, whichever is greater, or (b) your Total New Balance, if it is less than $20 plus (c) any portion of the Minimum Payment(s) shown on prior statement(s) which remains unpaid. In addition, at any time your total New Balance exceeds your Credit Line, you must immediately pay the excess upon our demand. We will apply your payments first to previously billed and unpaid FINANCE CHARGES on purchases; then on previously billed and unpaid FINANCE CHARGES on cash advances; then to any billed fees; then to previously billed purchases, then to cash advances; and then new purchases, whether or not billed on the monthly statement. However, any payment equal to or greater than, the Previous Balance of Purchases will be applied first to that balance and any FINANCE CHARGE thereon so as to avoid continuing accrual of FINANCE CHARGE on that amount.
7. Finance Charges. You can avoid FINANCE CHARGE on purchases by paying the full amount of the New Balance of Purchases each month within 25 days of your statement closing date. This is known as the grace period. Otherwise, the New Balance of Purchase, and subsequent purchase from date they are posted to your account, will be subject to FINANCE CHARGE. Cash advances are always subject to FINANCE CHARGE from the date they are posted to your account. FINANCE CHARGE (interest) is calculated at the periodic rate of 1.150% per month (ANNUAL PERCENTAGE RATE OF 12.80%), on the average daily principal balances of purchases and cash advances in the account. The principal balances of purchases and cash advances are determined each day during the statement period, beginning with the principal portion of your Previous Balances, reduced by payments you make and credits we apply, and increased by purchases and cash advances you make and debit adjustments we make during the statement period. The daily principal balances are totaled, and divided by the number of days in the statement period, to produce separate average daily principal of days in the statement period, to produce separate average daily principal balances for purchases and cash advances to which the period rate is then applied. This method is known as the "average daily balance including new purchases method". You may be assessed a $20.00 LATE CHARGE per statement cycle each time your account is 30 days (5 days after the 25 day grace period) or more delinquent. A lower rate of 11.80% ANNUAL PERCENTAGE RATE is available on a share secured VISA card.
8. Default. You will be in default if you fail to make any Minimum Payment within 25 days after your monthly statement closing date. You will also be in default if your ability to repay us is materially reduced by a change in your employment, an increase in your obligations, bankruptcy or insolvency proceedings involving you, your death, or failure to a bide by this Agreement, or if the value of our security interest materially declines. We have the right to demand immediate payment of your full account balance if you default, subject to our giving you any notice required by law. To the extent permitted by law, you will also be required to pay the collection expenses, including court costs and reasonable attorney's fees.
9. Using the Card. To make a purchase or cash advance, there are two alternative procedures to be followed. One is for you to present the card to a participating VISA plan merchant, to us or to another financial institution, and sign the sales or cash advance draft which will be imprinted with your card. The other is to complete the transaction by using your Personal Identification Number (PIN) in conjunction with the card in an Automated Teller Machine or other type of electronic terminal that provides access to the VISA system. The monthly statement will identify the merchant, electronic terminal or financial institution at which transactions were made, but sales, cash advance, credit or other slips cannot be returned with the statement. You will retain the copy of such slips furnished at the time of the transaction in order to verify the monthly statement. The Credit Union may make a reasonable charge for photocopies of slips you may request.
10. Return and Adjustments. Merchants and others who honor the Card may give credit for returns or adjustments, and they will do so by sending us a credit slip which we will post to your account. If your credits and payments exceed what you owe us, we will hold and apply this credit balance against future purchases and cash advances, or if it is $1 or more, refund it on your written request or automatically after 6 months.
11. Foreign Transactions. Purchases and cash advances made in foreign countries and foreign currencies will be billed to you in U. S. Dollars. The conversion rate to dollars will be made in accordance with the operating regulations for international transactions established by VISA International, Inc.
12. Plan Merchant Disputes. We are not responsible for the refusal of any plan merchant or financial institution to honor your card. We are subject to claims and defenses (other than tort claims) arising out of goods or services you purchase with the card only if you have made a good faith attempt, but have been unable to obtain satisfaction from the plan merchant, and (a) your purchase was made in response to an advertisement we sent or participated in sending you; or (b) your purchase cost more than $50 and was made from a plan merchant in your state or within 100 miles of your home. Any other disputes you must resolve with the plan merchant.
13. Credit Union Membership. The holder of the Card agrees to maintain an active Membership with the Credit Union and maintain a Primary Share (Savings) balance equal to or greater than the Par Value of one (1) Share, Par Value being $5.00. In the event that the Share Balance drops below the Par Value, the Credit Union reserves the right to initiate a cash advance on your Card Line of Credit to bring the Share Balance up to Par.
14. Security Interest. You hereby specifically pledge as collateral for this obligation, all shares and /or deposits and payments and earnings thereon which we now or hereafter may have, whether held individually, jointly, or in trust, as security for any and all monies advanced under this Agreement and interest accrued thereon and authorize the Credit Union, in the case of default, to apply same to payment of said obligation. However, this pledge does not include amounts held under an "Individual Retirement Account (IRA)", or a "Keogh Plan". In addition, collateral securing other loans with the Credit Union may also secure advances made under this agreement, except that this agreement shall not be secured by any security interest you give to the credit union in any real estate which you might own.
15. Effect of Agreement. This Agreement is the contract which applies to all transactions on your account even through the sales, cash advance, credit, or other slips you sign or receive may contain different terms. We may amend this Agreement from time to time by sending you the advanced written notice required by law. Your use of the card thereafter will indicate your agreement to the amendments. To the extent the law permits, and we indicate in our notice, amendments will apply to your existing account balance as well as to future transactions.
16. Fees and Charges. OVERLIMIT FEE $15.00; LATE FEE $15.00; ORIGINAL DRAFT FEE $10.00; DRAFT COPY FEE $5.00; CARD REPLACEMENT FEE $5.00, AND RETURN CHECK FEE $25.00.
17. Delay in Enforcement. No delay in enforcement of our rights under this Agreement will result in any loss of our rights or relieve you of any of your obligations.
18. By using the Card or signing the back of the VISA Card, you acknowledge receipt and agree to the terms and conditions set forth in this Agreement.

VISA CREDIT CARD DISCLOSURES

Disclosure Table for Omaha Federal Credit Union Credit Card

Annual percentage rate for purchases 12.8%/Regular VISA - 11.8%/Share Secured VISA

Other APRs Cash advances APR: 12.80% -11.80% for share secured
Balance transfer APR: 12.80% - 11.80% for share secured
Penalty rate: None

Variable rate information N/A

Grace period for repayment of the balance for purchases You have 25 days to repay your balance for purchases before a charge will be imposed.

Method of computing the balance for purchases Average Daily Balance (including new purchases)

Annual fees None

Minimum finance charge None

Transaction fee for purchases None

Transaction Fee for cash advances: None
Balance transfer fee: None
Late Payment Fee:$15.00
Over Credit Limit Fee: $15.00
Application fee: None
Card reissue fee: $5.00
NSF fee: $25.00
Foreign Transaction Fee: 1% of transaction amount.

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Disclosure Table for Omaha Federal Credit Union Credit Card
Annual percentage rate for purchases	12.8%/Regular VISA - 11.8%/Share Secured VISA
Other APRs	Cash advances APR: 12.80% -11.80% for share secured Balance transfer APR: 12.80% - 11.80% for share secured Penalty rate: None
Variable rate information	N/A
Grace period for repayment of the balance for purchases	You have 25 days to repay your balance for purchases before a charge will be imposed.
Method of computing the balance for purchases	Average Daily Balance (including new purchases)
Annual fees	None
Minimum finance charge	None
Transaction fee for purchases	None