** Annual percentage rates on purchases and balance transfers are based on your credit. The APR will increase to the higher APR if the account is past due once for two (2) consecutive months. On transferred balances, if your account is 30 days past due, the purchase rate will be charged on the remaining balance. If your account is 60 days past due, the penalty rate will be charged. These rates will remain in effect until such time as your payments have been made on time for one year.

The above rates and fees are accurate as of April 2005. Rates and fees may be changed at anytime. For current rates and fees call us at (504) 240-5288 or (800) 883-3943.

DISCLOSURE
The offered credit may not be extended if, after you respond to this offer, we determine that you do not meet the criteria used to select you for the offer or any other applicable criteria bearing on creditworthiness. By submitting this application you authorize the Bank to request a consumer credit report. Upon your request, the Bank will tell you whether a consumer credit report was requested, and the name and address of each consumer-reporting agency from which we obtained a consumer report on you.

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.

What this means for you: When you open an account, we will ask your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents.

The Federal Equal Credit Opportunity Act requires that all creditors including banks, savings and loan association, small loan companies and others make credit equally available to all credit worthy customers without regard to sex or marital status. The Federal Agency, which administers compliance iwth this law concerning this bank, is, Federal Deposit Insurance Corporation, 5100 Popular Avenue, Suite 1900, Memphis, TN 38137.

I (we) certify that the statements made in this application are true. The bank is authorized to obtain any information that it deems necessary in processing my loan request. I understand the bank is relying on this information in making a loan decision. I (we) hereby agree that this application shall be and remain your property whether or not any credit is granted relative thereto.

BALANCE TRANSFER DISCLOSURES: You agree to allow approximately 30 days for us to process your response and transfer the balance(s) to your Liberty Bank Visa card. Please continue to make at least the minimum payments on your other credit cards until we notify you that the balances have been transferred. Liberty is not responsible for fees and finance charges incurred by you prior to your balance being transferred. Payment of the amounts(s) authorized by you may or may not satisfy any outstanding balance(s) on the designated account(s). You will continue to be responsible for any balances on your other credit cards.

IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT

Identification Procedures Requirements: To help the government fight the funding of terrorism and money laundering activities, Federal Law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.

What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.