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EXHIBIT 20.2
FIRST UNION MASTER CREDIT CARD TRUST
TRUST AND SERIES SUMMARY
AUG-00
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TOTAL TRUST MAR-00 APR-00 MAY-00
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<S> <C> <C> <C>
TOTAL ENDING BALANCE 1,999,964,228 2,009,330,661 1,997,098,756
ENDING PRINCIPAL BALANCE 1,925,793,720 1,932,556,297 1,922,509,190
ENDING NON-PRINCIPAL BALANCE 74,170,508 76,774,364 74,589,566
YIELD 38,771,196 23.94% 34,136,229 21.27% 39,771,616 24.70%
CHARGE-OFFS (7,197,110) -4.44% (6,720,067) -4.19% (7,468,454) -4.64%
NET YIELD: (YIELD - C/O) 31,574,085 19.49% 27,416,162 17.08% 32,303,162 20.06%
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SERIES 1996-1 MAR-00 APR-00 MAY-00
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<S> <C> <C> <C>
ORIGINAL INVESTOR BALANCE 1,115,151,821 1,115,151,821 1,115,151,821
ADJUSTED INVESTOR BALANCE
FIXED INVESTOR % 57.38% 57.91% 57.70%
FLOATING INVESTOR % ------ ------ ------
3-MONTH AVG. EXCESS SERVICING 9.83% 9.92% 10.31%
------ ------ ------
YIELD 22,245,142 23.94% 19,766,955 21.27% 22,949,598 24.70%
CHARGE-OFFS (4,129,373) -4.44% (3,891,328) -4.19% (4,309,556) -4.64%
CERTIFICATE INTEREST (6,355,026) -6.84% (5,501,645) -5.92% (6,468,013) -6.96%
SERVICING FEE (1,858,586) -2.00% (1,858,586) -2.00% (1,858,586) -2.00%
EXCESS SERVICING 9,902,157 10.66% 8,515,396 9.16% 10,313,442 11.10%
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TOTAL TRUST JUN-00 JUL-00 AUG-00
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<S> <C> <C> <C>
TOTAL ENDING BALANCE 1,989,650,511 1,998,487,399 1,986,349,610
ENDING PRINCIPAL BALANCE 1,915,560,381 1,921,906,304 1,911,070,482
ENDING NON-PRINCIPAL BALANCE 74,090,130 76,581,095 75,279,128
YIELD 37,468,820 23.39% (1) 35,062,741 21.97% (1) 38,910,397 24.29% (1)
CHARGE-OFFS (7,242,448) -4.52% (6,702,783) -4.20% (7,050,894) -4.40%
NET YIELD: (YIELD - C/O) 30,226,372 18.87% 28,359,958 17.77% 31,859,503 19.89%
<CAPTION>
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SERIES 1996-1 JUN-00 JUL-00 AUG-00
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<S> <C> <C> <C>
ORIGINAL INVESTOR BALANCE 1,115,151,821 1,115,151,821 1,115,151,821
ADJUSTED INVESTOR BALANCE 987,528,609 858,573,707
FIXED INVESTOR % 58.01% 87.50% 58.02%
FLOATING INVESTOR % ------ 80.84% ------ 44.67% ------
3-MONTH AVG. EXCESS SERVICING 9.95% 10.21% 10.77%
------ ------ ------
YIELD 21,780,596 23.44% (1) 18,730,891 22.76% (1) 18,754,466 26.21% (1)
CHARGE-OFFS (4,200,983) -4.52% (3,455,485) -4.20% -3,149,848 -4.40%
CERTIFICATE INTEREST (6,804,281) -7.32% (6,072,672) -6.61% -6,400,092 -7.05%
SERVICING FEE (1,858,586) -2.00% (1,645,881) -2.00% -1,430,956 -2.00%
EXCESS SERVICING 8,916,745 9.60% 7,556,853 9.95% 7,773,570 12.76%
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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 Acct and Principal Funding Acct
