VISA Credit Card
Summary of Terms

 Annual Percentage Rate 
 (APR*) for purchases 		  9.9%
 Cash advance APR        12.9%
 Balance transfer APR   12.9%
 Variable-rate information   N/A
 Grace period for repayment
 of balances for purchases 		  25 days
 Annual fee      None
 Cash advance fee  None
 Late-payment fee    $10.00
 Over-the-credit-limit fee  $20.00
 Minimum finance charge  None
 Method of computing
 balance or purchases 		  Average daily balance   
 including new purchases
 A $20.00 fee will be charged for any share 
draft or check returned due to insufficient fund.
 *Annual Percentage Rate

Balance Computation Formula
Method E-Average Daily Balance (excluding current transactions). To avoid incurring an additional Finance Charge on the balance of purchases (and cash advances if Method E is specified as applicable to cash advances) reflected on your monthly statement, you must pay the New Balance shown on your monthly statement on or before the Payment Due Date. The grace period for the New Balance on purchases extends to the Payment Due Date.

The Finance Charges for a billing cycle are computed by applying the monthly Periodic Rate to the “average daily balance” of purchases (and if applicable, cash advances). To get the average daily balance, we take the beginning balance of your account each day and subtract any payments, credits, non-accruing fees, and unpaid finance charges. We do not add in new purchases or cash advances. 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.

                                                                  
National Credit Union Association
Federal agency which oversees Credit Unions in the United States

LEBCO Educators Federal Credit Union
1232 South Fifth Avenue • Lebanon, PA 17042
Phone: (717) 272-2825 Fax: (717) 273-2951
Hours: Monday-Friday 10AM to 5PM