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Previous: CC MASTER CREDIT CARD TRUST II, 8-K, EX-99.1, 2000-07-17 |
Next: CC MASTER CREDIT CARD TRUST II, 8-K, EX-99.3, 2000-07-17 |
<PAGE>
EXHIBIT 99.2
06/00 Page 1
MONTHLY STATEMENT TO CERTIFICATEHOLDERS
SERIES 1995-A
CC MASTER CREDIT CARD TRUST II
(Formerly Chevy Chase Master Credit Card Trust II)
<TABLE>
<CAPTION>
RECEIVABLES
<S> <C> <C>
Beginning of the Month Principal Receivables: $ 2,683,054,722.71
Beginning of the Month Finance Charge Receivables: $ 124,500,103.29
Beginning of the Month Discounted Receivables: $ 0.00
Beginning of the Month Total Receivables: $ 2,807,554,826.00
Removed Principal Receivables: $ 0.00
Removed Finance Charge Receivables: $ 0.00
Removed Total Receivables: $ 0.00
Additional Principal Receivables: $ 0.00
Additional Finance Charge Receivables: $ 0.00
Additional Total Receivables: $ 0.00
Discounted Receivables Generated this Period: $ 0.00
End of the Month Principal Receivables: $ 2,662,186,134.57
End of the Month Finance Charge Receivables: $ 123,715,555.73
End of the Month Discounted Receivables: $ 0.00
End of the Month Total Receivables: $ 2,785,901,690.30
Special Funding Account Balance $ 0.00
Aggregate Invested Amount (all Master Trust Series) $ 2,300,000,000.00
End of the Month Transferor Amount $ 362,186,134.57
End of the Month Transferor Percentage 13.60%
DELINQUENCIES AND LOSSES
End of the Month Delinquencies: RECEIVABLES
30-59 Days Delinquent $ 55,149,355.38
60-89 Days Delinquent $ 39,159,436.30
90+ Days Delinquent $ 74,731,729.27
</TABLE>
<PAGE>
06/00 Page 2
<TABLE>
<S> <C> <C>
Total 30+ Days Delinquent $ 169,040,520.95
Delinquent Percentage 6.07%
Defaulted Accounts During the Month $ 18,625,986.71
Annualized Default Percentage 8.33%
Principal Collections 357,098,184.12
Principal Payment Rate 13.31%
Total Payment Rate 14.27%
INVESTED AMOUNTS
Class A Initial Invested Amount $ 368,000,000.00
Class B Initial Invested Amount $ 32,000,000.00
INITIAL INVESTED AMOUNT $ 400,000,000.00
Class A Invested Amount $ 368,000,000.00
Class B Invested Amount $ 32,000,000.00
INVESTED AMOUNT $ 400,000,000.00
FLOATING ALLOCATION PERCENTAGE 14.91%
PRINCIPAL ALLOCATION PERCENTAGE 14.91%
MONTHLY SERVICING FEE $ 500,000.00
INVESTOR DEFAULT AMOUNT $ 2,776,836.60
CLASS A AVAILABLE FUNDS--
CLASS A FLOATING PERCENTAGE 92.00%
Class A Finance Charge Collections $ 6,446,587.65
Other Amounts $ 0.00
TOTAL CLASS A AVAILABLE FUNDS $ 6,446,587.65
</TABLE>
<PAGE>
06/00 Page 3
<TABLE>
<S> <C> <C>
Class A Monthly Interest $ 2,257,475.56
Class A Servicing Fee $ 460,000.00
Class A Investor Default Amount $ 2,554,689.67
TOTAL CLASS A EXCESS SPREAD $ 1,174,422.42
REQUIRED AMOUNT $ 0.00
CLASS B AVAILABLE FUNDS
CLASS B FLOATING PERCENTAGE 8.00%
Class B Finance Charge Collections $ 560,572.82
Other Amounts $ 0.00
TOTAL CLASS B AVAILABLE FUNDS $ 560,572.82
Class B Monthly Interest $ 199,431.11
Class B Servicing Fee $ 40,000.00
TOTAL CLASS B EXCESS SPREAD $ 321,141.71
EXCESS SPREAD --
TOTAL EXCESS SPREAD $ 1,495,564.13
Excess Spread Applied to Required Amount $ 0.00
Excess Spread Applied to Class A Investor $ 0.00
Charge Offs
Excess Spread Applied to Class B Items $ 222,146.93
Excess Spread Applied to Class B Investor $ 0.00
Charge Offs
</TABLE>
<PAGE>
06/00 Page 4
<TABLE>
<S> <C> <C>
Excess Spread Applied to Monthly Cash $ 28,533.95
Collateral Fee
Excess Spread Applied to Cash Collateral $ 0.00
Account
Excess Spread Applied to other amounts owed $ 1,244,883.25
Cash Collateral Depositor
TOTAL EXCESS FINANCE CHARGE COLLECTIONS ELIGIBLE
FOR GROUP I $ (0.00)
EXCESS FINANCE CHARGES COLLECTIONS -- GROUP I --
TOTAL EXCESS FINANCE CHARGE COLLECTIONS FOR ALL
SERIES IN GROUP I $ 0.00
SERIES 1995-A EXCESS FINANCE CHARGE COLLECTIONS --
EXCESS FINANCE CHARGE COLLECTIONS ALLOCATED TO $ 0.00
SERIES 1995-A
Excess Finance Charge Collections Applied to $ 0.00
Required Amount
Excess Finance Charge Collections Applied to $ 0.00
Class A Investor Charge Offs
Excess Finance Charge Collections Applied to $ 0.00
Class B Items
Excess Finance Charge Collections Applied to $ 0.00
Class B Investor Charge Offs
Excess Finance Charge Collections Applied to $ 0.00
Monthly Cash Collateral Fee
Excess Finance Charge Collections Applied to $ 0.00
Cash Collateral Account
Excess Finance Charge Collections Applied to $ 0.00
other amounts owed Cash Collateral Depositor
</TABLE>
<PAGE>
06/00 Page 5
<TABLE>
<S> <C> <C>
YIELD AND BASE RATE --
Base Rate (Current Month) 8.91%
Base Rate (Prior Month) 8.78%
Base Rate (Two Months Ago) 8.39%
THREE MONTH AVERAGE BASE RATE 8.69%
Portfolio Yield (Current Month) 12.69%
Portfolio Yield (Prior Month) 9.65%
Portfolio Yield (Two Months Ago) 11.87%
THREE MONTH AVERAGE PORTFOLIO YIELD 11.40%
PRINCIPAL COLLECTIONS --
CLASS A PRINCIPAL PERCENTAGE 92.00%
Class A Principal Collections $ 48,978,615.64
CLASS B PRINCIPAL PERCENTAGE 8.00%
Class B Principal Collections $ 4,259,010.06
TOTAL PRINCIPAL COLLECTIONS $ 53,237,625.70
INVESTOR DEFAULT AMOUNT $ 2,776,836.60
REALLOCATED PRINCIPAL COLLECTIONS $ 0.00
SHARED PRINCIPAL COLLECTIONS ALLOCABLE FROM OTHER $ 0.00
SERIES
CLASS A AMORTIZATION --
Controlled Amortization Amount $ 0.00
Deficit Controlled Amortization Amount $ 0.00
CONTROLLED DISTRIBUTION AMOUNT $ 0.00
</TABLE>
<PAGE>
06/00 Page 6
<TABLE>
<S> <C> <C>
CLASS B AMORTIZATION --
Controlled Amortization Amount $ 0.00
Deficit Controlled Amortization Amount $ 0.00
CONTROLLED DISTRIBUTION AMOUNT $ 0.00
EXCESS PRINCIPAL COLLECTIONS ELIGIBLE FOR PRINCIPAL $ 56,014,462.30
SHARING
INVESTOR CHARGE OFFS --
CLASS A INVESTOR CHARGE OFFS $ 0.00
CLASS B INVESTOR CHARGE OFFS $ 0.00
PREVIOUS CLASS A CHARGE OFFS REIMBURSED $ 0.00
PREVIOUS CLASS B CHARGE OFFS REIMBURSED $ 0.00
CASH COLLATERAL ACCOUNT --
Required Cash Collateral Amount $ 52,000,000.00
Available Cash Collateral Amount $ 52,000,000.00
INTEREST RATE CAP PAYMENTS --
Class A Interest Rate Cap Payments $ 0.00
Class B Interest Rate Cap Payments $ 0.00
TOTAL DRAW AMOUNT $ 0.00
CASH COLLATERAL ACCOUNT SURPLUS $ 0.00
</TABLE>
First USA Bank, National Association,
as Servicer
By: /s/ Tracie Klein
------------------------------
Tracie H. Klein
First Vice President
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