SUMMARY OF CREDIT TERMS

Annual Percentage Rate (APR) for Purchases & Balance Transfers

0% Fixed Introductory Rate for the first four billing cycles the account is open, after that: 11.25%1

Other APR's

Cash advance APR 15.25%2

Variable Rate Information

Your APR may vary. The rate for purchases and balance transfers is determined quarterly by adding 4% to the Prime Rate1. The rate for cash advances is determined quarterly by adding 8% to the Prime Rate2.

Grace Period for Purchases

25 Days

Method of Computing Balances For Purchases

Average daily balance including new purchases3

Annual Membership Fee

Visa Secured: None Visa & Visa Gold Card: None Visa & Visa Gold Scorecard: $15

Late Payment Fee

$204

Over Limit Fee

$255

Cash Advance Fee

2% ($2 min. to $10 max.)

Balance Transfer Fee

None

Returned Payment Fee

$25

Research Fee

$25/hour

Copy Charge

$3/copy

Collateral Security

If you receive a secured Visa card, your account will be secured by the pledge of a deposit account with the Bank having a balance equal at all times to your line of credit.

International Transaction Fee

1.00% of the U.S. dollar amount of the transaction converted from a foreign currency and 0.80% for foreign transactions where a currency conversion is not performed.

(1) Your Annual Percentage Rate (APR) may vary. For purchases and balance transfers, the APR, adjustable quarterly, is a variable rate based on the highest prime rate published in the Money Rates section of The Wall Street Journal ("Index") plus a margin of 4.00 percentage points for Visa Cards, currently 11.25% (.030822% corresponding Daily Periodic Rate) and rounded to the nearest hundredth divisible by twelve. However, your APR will not be less than 7.99% or more than 18%. (2) The APR for Cash Advances for Visa Cards is based on the Index plus 8.00 percentage points, adjustable quarterly, with a 7.99% minimum and a 18% maximum. Based on that formula, the current rate would be 15.25% (.041781% corresponding Daily Periodic Rate) and rounded to the nearest hundredth divisible by twelve. (3) Average Daily Balance (for Purchases and Balance Transfers). To avoid incurring an additional Finance Charge on the balance of Purchases and Balance Transfers, reflected on your monthly statement and on any new Purchases and Balance Transfers appearing on your next 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 of Purchases and Balance Transfers 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 Balance Transfers. To get an average daily balance, we take the beginning balance of your account each day, add new Purchases and Balance Transfers, and subtract any payments, credits, non-accruing fees, and unpaid finance charges that were applied to the Purchases and Balance Transfers portion of your account. 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 of Purchases and Balance Transfers. Average Daily Balance (for Cash Advances). The Finance Charge on Cash Advances begins from the date you obtained the Cash Advance, or the first day of the billing cycle in which it posted to your account, whichever is later. There is no grace period. The Finance Charges for a billing cycle are computed by applying the monthly Periodic Rate to the "average daily balance" of cash advances posted to your account. To get the average daily balance, we take the beginning balance of your account each day, add any new Cash Advances, and subtract any payments, credits, non-accruing fees, and unpaid finance charges that were applied to the Cash Advances portion of your account. 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 of Cash Advances. On the last business day of March, June, September and December we determine the Index for the following quarter. This disclosure is accurate as of March 2008. Because rates and terms are subject to change, you may contact us for the current information by calling us at 888-366-6622 or by writing us at: American Bank, 4029 W. Tilghman Street, Allentown, PA 18104. (4) Late Charge: If the minimum required payment is not received within 15 days after the Closing Date subsequent to the Payment Due Date, a late charge of $20 will be imposed. (5) Over Limit Fee:This fee is applied when a balance is 10% or more over limit. BLC0002 - BLC00022 - BLC00002 (3/08)