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Disclosures and Agreements Proxy Information
The member does hereby constitute and appoint members of the Board of Directors of this credit union, who are qualified and acting directors at the time this proxy is used, as proxies to cast all votes to which the member is entitled, for the election of directors, mergers and any matter with regard to which credit union shareholders are entitled to vote by proxy, as the said directors or a majority of them see fit, at all annual or special meetings of the members of said credit union hereafter held and any adjournment thereof, from time to time and year to year, until and unless this proxy is canceled by the member. The member further authorizes the said proxies to designate a person or committee to cast the vote or votes of the member in such manner and for such candidates as the said proxy shall determine, hereby ratifying whatever the said proxies may do in the premises.

Note: The State of Illinois requires that 51% of our membership attend the Annual Meeting in person or by proxy. This card authorizes the Board of Directors to vote on your behalf. This proxy is continuous. You can revoke it at anytime.

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Deposit(s) Account Disclosure
Agreement - This is a contract between you and us about this account. It is subject to state and federal laws and the Uniform Commercial Code, as adopted in the state where we are located (except to the extent that it can and does vary such rules or laws). "You," "I," or "We" means the account owners and anyone who signs this form. "Credit Union" or "Us" means this credit union. This contract will govern the operation of this account unless clearly varied by a separate written agreement or disclosure. This agreement includes your promise to pay any reasonable charge the credit union imposes for services you request and your permission for us to deduct earned charges from the account balance. It also includes your promise to be jointly and severally liable for any account deficit resulting from these charges together with any costs the credit union incurs to collect any deficit, including reasonable attorneys' fees (to the extent permitted by law). Terms - The terms and conditions governing these accounts are set forth in the separate Account Disclosure Form(s) provided you at your membership opening.

Amendments and Termination - The credit union may amend these rules and its schedule of charges at any time upon reasonable notice to you. The credit union may also close this account by giving notice and mailing the account balance to you. Notice from the credit union to any one of you is notice to all of you.

Deposits - Any non-cash items tendered for deposit (including items drawn "on us") will only be given provisional credit until collection is final (and actual credit for deposits of, or payable in, foreign currency will be at the exchange rate in effect upon final collection in U.S. dollars). The credit union is not responsible for transactions initiated by mail or outside depository until we actually record them, and if the credit union makes a mistake in handling your account, the credit union's liability is limited to actual damages proved.

Withdrawals - Any one of you who signs on the reverse side may withdraw or transfer all or any part of the account balance, at any time, on forms approved by us (subject to the limits in this contract). Each of you (until the credit union receives actual notice of your death, incapacity, or notice in writing to change this account) authorizes each other person signing this contract to endorse any item payable to your order for deposit to this account or to handle any other transaction with or pertaining to this account. The credit union is not obligated to honor any withdrawal request which would overdraw the final collected account balance, regardless of the frequency with which the credit union may do so hereafter.

Account Ownership - Indicate proper account ownership by checking the appropriate box on the front side of this agreement.

Joint Account - This credit union is hereby authorized to recognize any of the signatures subscribed hereto in the payment of funds or of any business for this account. The joint owners of this account hereby agree with each other and with this credit union that all sums now paid in on shares, or heretofore or hereafter paid in on shares by any or all of said joining owners to their credit as such joint owners with all accumulations thereon, are and shall be owned by them jointly, with right of survivorship and be subject to the withdrawal or receipt of any of them, and payment to any of them or the survivor or survivors shall be valid and discharge this credit union from any liability for such payment.

Any or all of said joint owners may pledge all or any part of the shares in this account as collateral security to a loan or loans. The right or authority of the credit union under this agreement shall not be changed or terminated by said owners, or any of them except by written notice to this credit union which shall not affect transactions theretofore made.

Individual or Joint Account with Beneficiary - This account is held in your name as trustee for the designated beneficiary or beneficiaries. If two or more of you create such an account, you own the account jointly with right of survivorship, as that type of account ownership is defined herein.

Beneficiaries acquire the right to withdraw only if (1) all persons creating the account die, and (2) the beneficiary is then living. If two or more beneficiaries are named and survive the death of all persons creating the account, such beneficiaries will own this account in equal shares, without right of survivorship. The person(s) creating this account reserves the right to: (1) change beneficiaries; (2) change account ownership; and (3) withdraw all or part of the shares at any time.

Community / Marital Property Account - If the credit union is in a community property state and opens this type of account, you each intend and agree that all funds in this account shall be community property and not separate property regardless of the source of these funds.

Direct Deposits - If, in connection with a direct deposit plan, the credit union deposits any amount in this account which should have been returned to the Federal Government for any reason, you authorize the credit union to deduct the amount of our liability to the Federal Government from this account or from any other account you have with us, without prior notice and at any time, except as prohibited by law. The credit union may also use any other legal remedy to recover the amount of its liability.

Lien and Set-Off - The credit union may, at any time and without notice (unless required by law), impress and enforce a lien on any of your accounts by setting-off any debt(s) you owe us now or in the future against the balance in any of your accounts. If this is a joint account, each of you who has the right to withdraw, transfer or pledge funds from this account agree that our lien and right of set-off extends to the entire account. Under certain conditions, the credit union will not exercise this right of set-off. For example: (1) if the account is a part of an IRA or qualified retirement plan; (2) if your debt is personal and your right of withdrawal arises solely in a representative capacity (or vice versa); or (3) if such exercise is expressly prohibited by law. However, the credit union reserves the right to exercise any other remedies available to us under the law on separate agreement to satisfy any obligation you may have to pay us money.

Pledges - Any pledge of this account must first be satisfied before the rights of any joint account survivor or trust account beneficiary becomes effective. For example, if one joint tenant pledges the deposit evidenced by this agreement for a debt (i.e. uses it to secure a debt) and then dies, (1) the surviving joint tenant's rights in this account does not take effect until the debt has been satisfied and (2) the debt may be satisfied with the funds in this account.

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Visa® Disclosure
Visa® Credit Card Disclosure

Annual percentage rate (APR) for purchases and cash advances Variable-Rate Information
The standard APR may vary quarterly and equals the Prime Rate plus 6.5% for Platinum Plus Visa, or the Prime Rate plus 10.5% on Platinum Visa2
Platinum Plus - 9.75%1,2
Platinum – 13.75%1,2
Other APRs Penalty rate: 16.90%1
Grace period for repayment of the balance for purchases You have 25 days to repay your balance for purchases before a finance charge will be imposed.
Method of computing the balance for purchases Average daily balance (including new purchases/transactions)
Annual fees NONE
Minimum finance charge NONE
Other Fees BALANCE TRANSFER TRANSACTION FEE: NONE

CASH ADVANCE TRANSACTION FEE: 2% for each cash advance, with a minimum of $3 and a maximum of $75

RETURN CHECK FEE: $25

FOREIGN TRANSACTION FEE: Transaction fee for any transaction made in a foreign currency and, as of January 1, 2009, any transaction made in U.S. Dollars that is processed outside the United States: 1% of the U.S. Dollar amount of each such transaction.

1 If we have not received your minimum payment within 60 days from the due date a Penalty APR of 16.90% will apply to outstanding account balances as well as new transactions. If the Penalty APR is imposed, your rate will be returned to the Standard APR if you make six consecutive minimum payments by the due date for each of the six payments. If you do not make these six consecutive minimum payments, we may keep the Penalty APR on your account indefinitely.

2 The Prime Rate used is the highest prime rate listed in The Wall Street Journal on the last business day of the month preceding an interest rate adjustment date: January 1, April 1, July 1, and October 1. Qualifying for Platinum Plus or Platinum will be based on our evaluation of your credit and will be disclosed with your Card.

To inquire about changes in the information in the application, write us at Oak Trust CU, 1811 W. Diehl Rd., Suite 700, Naperville, IL 60563. Questions? Call (630) 792-0100 or (800) 232-6728.

Information is current as of January 1, 2010.

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MAX (audio response) Agreement
It is agreed that:
  1. In this agreement the words "you" and "your" mean each person who signs this agreement. The words "we", "us", and "our" mean Oak Trust Credit Union. The word "PIN" means your personal identification number. The word account means those accounts which you may access by use of your PIN and the "MAX" system is an electronically automated system that may be accessed by a telephone device through which, when used in conjunction with a PIN, an electronic funds transfer may be initiated.
  2. We have issued you a MAX access PIN. You understand that we do not know your PIN, and you agree that you will be responsible for all transfers made by anyone who uses your PIN.
  3. You will be responsible for all unauthorized transfers made from your account by use of your PIN with the "MAX" system, subject to the limitations contained in applicable Federal law. Those limitations of your liability for unauthorized transfers are summarized in a separate account disclosure form provided to you at account opening.
  4. You will notify us at once if you believe your PIN has been lost or stolen or discovered by some unauthorized person. The fastest way to notify us is to telephone us at 630/792-0100 or 800/232-6728.
  5. We may terminate or cancel the use of your PIN with the "MAX" system at any time. We may give you notice of termination or cancellation, but we are not obligated to do so. Your PIN may not be used with the "MAX" system after we terminate or cancel, and you will discontinue its use immediately. You may terminate or cancel the use of your PIN with the "MAX" system by giving written notice to us at our office. Your written notice of termination or cancellation will become effective not later than the end of the first business day following our actual receipt of your notice. The termination or cancellation of the use of your PIN with the "MAX" system will not affect the liability incurred by you prior to the termination or cancellation.
  6. Except as changed by this agreement, transactions initiated by the use of your PIN with the "MAX" system are subject to the rules and agreements covering your accounts with us and this agreement is made part of and supplemental to those rules and agreements.
  7. You will pay any charges that may be approved by our Board of Directors for use of your PIN with the "MAX" system. All approved charges will be paid in advance on the anniversary date of this agreement and may, at our option, be charged against any account which may be accessed by use of your PIN. These charges will not be refunded or prorated.
  8. You understand that your PIN when used with the "MAX" system may be used to, among other things, transfer funds between certain shares, withdraw funds from certain shares, and make advances under certain loans. For any transaction that initiates a withdrawal or loan advance, the proceeds of which are to be sent to you, we will mail (usually within two business days following the request) the sum requested, by way of a check payable to you, to the most recent mailing address listed on the account.
  9. Your PIN will be used only for the type of transactions and to have access to only those accounts that we have approved in advance. If through some error the use of your PIN with the "MAX" system permits you to withdraw funds from an account that you should not be allowed to use, we may charge the amount involved to an account you can use.
  10. We have no obligation to monitor how your PIN is used or to notify you if we notice any unusual activity with regards to any of your accounts that may be accessed by use of your PIN.
  11. Even though we believe that the "MAX" system will prove to be reliable, the system may not operate properly at all times. We, therefore, do not promise that the "MAX" system will always be available for your use. You will not attempt to make a transfer when the system tells you or other circumstances give you reason to believe that the system is closed or not operating properly due to technical malfunction or is otherwise unable to initiate the transaction you desire.
  12. This agreement may be changed at any time by mailing a copy of any changes to your last statement address. Changes will be effective on the date we mail them to you unless we are required, by Federal law, to give you advance notice. Your use of your PIN with the "MAX" system after the effective date of any change will acknowledge your acceptance of it.
  13. We can delay enforcing any of our rights under this agreement without losing them. The fact that we do not enforce our rights in one instance does not mean that we will not do so in another instance.
  14. This agreement and all transactions under this agreement will be governed by Illinois and Federal law.
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@HomeBranch /@Lobby Disclosure & Agreement
Your electronic rights and responsibilities:
The Electronic Fund Transfers we are capable of handling are indicated below, some of which may not apply to your account. Please read this disclosure carefully because it tells you your rights and obligations for these transactions listed. You should keep this notice for future reference. In the below agreement and disclosure the word "member(s)", "you" or "owner(s)" refers to the member. "We", "us" or "credit union" refers to Oak Trust Credit Union, and OTIS refers to either @HomeBranch or @Lobby. We may amend these rules and its schedule of charges at any time upon reasonable notice to you. Notice to any one of you is notice to all of you.
  1. Member hereby applies for the Oak Trust Internet Service (OTIS). In order to remain eligible for the Oak Trust Internet Service (@home branch or @lobby services), the member(s) must remain a member in good standing of the credit union. The following transactions may be performed by the member through OTIS:

    1. Transfers. You may transfer funds among your credit union Share or Loan Accounts. Transfers from any share except Checking or Money Market Accounts are limited to six (6) transactions a month. Joint owner(s) may transfer funds between different credit union accounts.
    2. Additional Services. From time to time we will announce additional services which are available through OTIS. Your use, or the use by a joint owner, of these services will constitute acceptance of the terms and conditions presented at the time they are announced.
    3. Access Limitations. We reserve the right to limit the amount of on-line access per month or per session.

  2. Access. Access to OTIS requires your ability to access the Internet. We do not provide, nor guarantee, your ability to access the Internet.
  3. OTIS Password. Access to OTIS gives you access to all your account(s). You hereby acknowledge that you have reviewed and read the disclosure and agreement. Access to a member account will be by means of a member's Personal Identification Number (PIN) and a Password. You agree not to make your PIN and Password available to any other person.
  4. Liability for failure to make transfers. If we do not complete a transfer to or from your account on time in the correct amount according to our agreement with you, we will be liable for your losses or damages. However, there are some exceptions. We will not be liable, for instance: 1) If, through no fault of ours, you do not have enough money in your account to make the transfer. 2) If you have an overdraft line and the transfer would go over the credit limit. 3) If the Oak Trust Internet Service (OTIS) @lobby interactive kiosks or @home equipment/software are not working. 4) If the terminal or system was not working properly and you knew about the breakdown when you started the transfer. 5) If circumstances beyond our control (such as fire or flood) prevent the transfer, despite reasonable precautions that we have taken. 6) We do not make any warranties concerning the equipment, the software or any part thereof, including, without limitations, any warranties of fitness for a particular purpose or warranties of merchantability. 7) There may be other exceptions stated in our agreement with you.
  5. Confidentiality. We will disclose information to third parties about your account or the transfer you make ONLY: 1) where it is necessary for completing transfers; or 2) in order to verify the existence and condition of your account for a third party, such as a credit bureau or merchant; or 3) in order to comply with government agency or court orders; or 4) if you give us written permission. We take all precautions to protect member information and are in compliance with Federal privacy laws. Click here to for an overview of our privacy statement.
  6. Consumer Liability: (a) Tell us AT ONCE if you believe your PIN or Password has been lost or stolen and immediately change your PIN or Password. Telephoning is the best way of limiting your potential losses. You could lose all the money in your account (plus your maximum overdraft line of credit if applicable). If you believe your PIN and Password have been lost or stolen, and you tell us within two (2) business days after you learn of the loss or theft, you lose no more than $50 if someone used your PIN and Password without your permission. If you do NOT tell us within two (2) business days after you learn of the loss or theft of your PIN or Password, and we can prove we could have stopped someone from using your PIN or Password without your permission if you had told us, you could lose as much as $500. Also, if your statement shows transfers that you did not make, tell us at once. If you do not tell us within sixty (60) days after the statement was mailed to you, you may not get back any money you lost after the sixty (60) days if we can prove we could have stopped someone from taking the money if you had told us in time. If a good reason (such as a long trip or a hospital stay) kept you from telling us, we will extend the time period. (b) Contact in event of unauthorized transfer. If you believe that your PIN or Password has been lost or stolen, or that someone has transferred or may transfer money from your account without your permission call or write us at the telephone number and address listed in this disclosure.
  7. Charges. Oak Trust Credit Union does not currently charge a fee for this service. We do, however, reserve the right to do so in the future and will provide thirty (30) days advance notice to all users through the system.
  8. Statements. All transactions generated by you through the Oak Trust Internet Service (OTIS) and any OTIS fees will appear on your monthly or quarterly statement.
  9. Errors and Questions. In case of errors or questions about your electronic transfers, telephone us at (630) 792-0100 or (800) 232-6728, or write us at 1811 W. Diehl Rd., Suite 700, Naperville, IL 60563, as soon as you can if you think your statement or receipt is wrong, or if you need more information about a transfer listed on the statement or receipt. We must hear from you no later than sixty (60) days after we sent the FIRST statement on which the problem or error appeared. Tell us: your name and account number; describe the error or the transfer you are unsure about; and explain as clearly as you can why you believe there is an error, the dollar amount involved and approximately when the error took place. If you tell us orally, we may require that you send us your complaint or question in writing within ten (10) business days. We will tell you the results of our investigation within ten (10) business days and correct any error promptly. If we need more time, we may take up to forty-five (45) days to investigate the complaint, but you will have the use of the funds in question after the ten (10) business days. If we ask you to put your complaint or question in writing and we do not receive it within ten (10) business days, we may not credit your account during the investigation. If we decide that there was no error, we will send you a written explanation within three (3) business days after we finish our investigation. If you need more information about our error resolution procedures, call or write us at the telephone number shown above.
  10. Business Day. Our business days are Monday through Friday. Holidays not included.
  11. Governing Law. This agreement shall be governed by and constructed in accordance with the laws of the State of Illinois.
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