Effective
April 1, 2005, 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 government mandated rate in effect
for the applicable central processing date plus the 1% International
Service Assessment transaction fee (ISA).
*Compensating
balance equal to credit limit is required ** If your Visa account is 30 days past due two times
within any six month period, the annual percentage rate on all
balances / (purchases, transfers and cash advances) on your Visa
account will change to 19.80% annual percentage rate (APR). The
monthly periodic rate is 1.65%. Members must wait one year before
requesting a credit union review to reinstate their original APR.
*** The rate is determined monthly by adding 2.0%
to the Prime Rate. The Prime Rate used to determine your APR
is the rate published in the Wall Street Journal on the first
day of the second billing cycle after the end of each calendar
quarter. Prime rate is 5.00% as of 6/25/08. APR cannot go below
7%. Maximum APR 18%.
I Agree,
and have read and printed off a copy for my records.
SIGNATURES:
By transmitting this application to the Credit Union by mail, by fax,
electronically, or by other means, I (we) certify that the information
I (we) have provided is accurate and complete and that I (we) have not
omitted any material information. This statement is submitted to obtain
credit and I (we) certify that all information herein is true and complete.
I (we) also authorize the credit union to verify or obtain further information
the credit union may deem necessary concerning my (our) credit standing.
If this application is approved and a credit card(s) issued, the undersigned
applicant(s) by signing, using or permitting another to use the credit
card(s) agree(s) that the applicant(s)will be bound by the terms and
conditions of the VISA card agreement including the payment of all fees
and other charges applicable to the account. "I (We) agree to pay the
credit union all reasonable costs the credit union incurs to collect
debts incurred under my (our) VISA agreement with the credit union,
or realize on any security, including reasonable attorneys fees, court
costs, and collection agency fees to the extent allowed by applicable
laws or regulations." The VISA card agreement will be furnished to me
(us). Should my (our) application for VISA Gold be denied, my (our)
signature below constitutes my (our) application for VISA Classic or
Secured.
CO-APPLICANT'S
NAME TO BE EMBOSSED ON VISA CARD:
(19
CHARACTERS MAXIMUM)
Pledge
of Shares (must be signed in order to issue card)
By signing below, you pledge to us, Earthmover Credit Union, and
grant to us security interest in all of your shareholdings with
us including paid shares and future payments on shares, to secure
your credit card account with us. You authorized us to apply these
shareholdings to pay any amounts due on the account or under this
agreement if you should default. Collateral securing other loans
with the credit union will also secure this loan.
Please provide all
of the requested information. When you have completed the form, press
the "Send Application" button to send your application to Earthmover Credit
Union for processing. The data will be transferred using our Secure Server.
If you do not have an HTTPS compatible browser, you may simply print this
form and fax it to 630-844-0732 - or, mail it to us at:
Earthmover Credit
Union
PO Box 2937
Aurora, IL 60507
Attn: Loan Department
Married applicants
may apply for individual credit. Complete spousal information only if
you are a resident of a community property state (CA, AZ, ID, NV, WI,
LA, WA, NM, TX) or if you are relying on income or applying for joint
credit with a spouse. Indicate marital status if applying for secured
credit or residing in a community property state.
Income from alimony/child
support or separate maintenance income need not be revealed if you do
not wish to have the credit union consider as a basis for repaying this
obligation.
If you are relying
on income from alimony, child support or separate maintenance, complete
the CO-Applicant section to the extent possible about the person on
whose payments you are relying.