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EXHIBIT 20.2
FIRST UNION MASTER CREDIT CARD TRUST
TRUST AND SERIES SUMMARY
SEP-00
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TOTAL TRUST APR-00 MAY-00 JUN-00
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<S> <C> <C> <C>
TOTAL ENDING BALANCE 2,009,330,661 1,997,098,756 1,989,650,511
ENDING PRINCIPAL BALANCE 1,932,556,297 1,922,509,190 1,915,560,381
ENDING NON-PRINCIPAL BALANCE 76,774,364 74,589,566 74,090,130
YIELD 34,136,229 21.27% 39,771,616 24.70% 37,468,820 23.39% (1)
CHARGE-OFFS (6,720,067) -4.19% (7,468,454) -4.64% (7,242,448) -4.52%
NET YIELD: (YIELD - C/O) 27,416,162 17.08% 32,303,162 20.06% 30,226,372 18.87%
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SERIES 1996-1 APR-00 MAY-00 JUN-00
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MONTH-END INVESOR BALANCE 1,115,151,821 1,115,151,821 1,115,151,821
INVESTOR PERCENTAGE 57.91% 57.70% 58.01%
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3-MONTH AVG. EXCESS SERVICING 9.92% 10.31% 9.95%
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YIELD 19,766,955 21.27% 22,949,598 24.70% 21,780,596 23.44% (1)
CHARGE-OFFS (3,891,328) -4.19% (4,309,556) -4.64% (4,200,983) -4.52%
CERTIFICATE INTEREST (5,501,645) -5.92% (6,468,013) -6.96% (6,804,281) -7.32%
SERVICING FEE (1,858,586) -2.00% (1,858,586) -2.00% (1,858,586) -2.00%
EXCESS SERVICING 8,515,396 9.16% 10,313,442 11.10% 8,916,745 9.60%
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TOTAL TRUST JUL-00 AUG-00 SEP-00
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<S> <C> <C> <C>
TOTAL ENDING BALANCE 1,998,487,399 1,986,349,610 1,984,531,312
ENDING PRINCIPAL BALANCE 1,921,906,304 1,911,070,482 1,906,191,734
ENDING NON-PRINCIPAL BALANCE 76,581,095 75,279,128 78,339,578
YIELD 35,062,741 21.97% (1) 38,910,397 24.29% (1) 35,454,795 22.26% (1)
CHARGE-OFFS (6,702,783) -4.20% (7,050,894) -4.40% (7,235,445) -4.54%
NET YIELD: (YIELD - C/O) 28,359,958 17.77% 31,859,503 19.89% 28,219,351 17.72%
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SERIES 1996-1 JUL-00 AUG-00 SEP-00
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MONTH-END INVESOR BALANCE 1,115,151,821 1,115,151,821 1,115,151,821
INVESTOR PERCENTAGE 987,528,609 858,573,707 729,475,649
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3-MONTH AVG. EXCESS SERVICING 87.50% 10.21% 58.02% 10.77% 58.35% 11.58%
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80.84% 44.67% 38.17%
YIELD 18,730,891 22.76% (1) 18,754,466 26.21% (1) 15,579,878 25.63% (1)
CHARGE-OFFS (3,455,485) -4.20% (3,149,848) -4.40% (2,761,845) -4.54%
CERTIFICATE INTEREST (6,072,672) -6.61% (6,400,092) -7.05% (6,317,264) -7.05%
SERVICING FEE (1,645,881) -2.00% (1,430,956) -2.00% (1,215,793) -2.00%
EXCESS SERVICING 7,556,853 9.95% 7,773,570 12.76% 5,284,975 12.04%
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(1)Series 1996-1 began its accumulation period June 2000 - percentages at the trust level
will differ from those at the series level due to interest being earned on the Reserve
Account and Principal Funding Account
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