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FIRST UNION MASTER CREDIT CARD TRUST
TRUST AND SERIES SUMMARY
MAY-00
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TOTAL TRUST DEC-99 JAN-00 FEB-00 MAR-00
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<S> <C> <C> <C> <C> <C> <C> <C>
TOTAL ENDING BALANCE 2,086,476,133 2,050,296,068 2,019,788,569 1,999,964,228
ENDING PRINCIPAL BALANCE 2,008,987,769 1,972,883,707 1,943,604,997 1,925,793,720
ENDING NON-PRINCIPAL BALANCE 77,488,364 77,412,360 76,183,572 74,170,508
YIELD 38,285,107 23.51% 35,875,566 21.43% 37,474,738 22.79% 38,771,196
CHARGE-OFFS (7,436,958) -4.57% (8,267,714) -4.94% (8,164,578) -4.97% (7,197,110)
NET YIELD: (YIELD - C/O) 30,848,148 18.94% 27,607,851 16.49% 29,310,160 17.83% 31,574,085
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SERIES 1996-1 DEC-99 JAN-00 FEB-00 MAR-00
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MONTH-END INVESOR BALANCE 1,115,151,821 1,115,151,821 1,115,151,821 1,115,151,821
INVESTOR PERCENTAGE 57.06% 55.51% 56.52% 57.38%
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3-MONTH AVG. EXCESS SERVICING 10.03% 9.92% 9.40%
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YIELD 21,846,731 23.51% 19,913,861 21.43% 21,182,202 22.79% 22,245,142
CHARGE-OFFS (4,243,771) -4.57% (4,589,255) -4.94% (4,614,942) -4.97% (4,129,373)
CERTIFICATE INTEREST (7,030,757) -7.57% (5,199,160) -5.59% (5,478,045) -5.89% (6,355,026)
SERVICING FEE (1,858,586) -2.00% (1,858,586) -2.00% (1,858,586) -2.00% (1,858,586)
EXCESS SERVICING 8,713,616 9.38% 8,266,860 8.90% 9,230,630 9.93% 9,902,157
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TOTAL TRUST APR-00 MAY-00
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<S> <C> <C> <C> <C>
TOTAL ENDING BALANCE 2,009,330,661 1,997,098,756
ENDING PRINCIPAL BALANCE 1,932,556,297 1,922,509,190
ENDING NON-PRINCIPAL BALANCE 76,774,364 74,589,566
YIELD 23.94% 34,136,229 21.27% 39,771,616 24.70%
CHARGE-OFFS -4.44% (6,720,067) -4.19% (7,468,454) -4.64%
NET YIELD: (YIELD - C/O) 19.49% 27,416,162 17.08% 32,303,162 20.06%
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SERIES 1996-1 APR-00 MAY-00
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MONTH-END INVESOR BALANCE 1,115,151,821 1,115,151,821
INVESTOR PERCENTAGE 57.91% 57.70%
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3-MONTH AVG. EXCESS SERVICING 9.83% 9.92% 10.31%
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YIELD 23.94% 19,766,955 21.27% 22,949,598 24.70%
CHARGE-OFFS -4.44% (3,891,328) -4.19% (4,309,556) -4.64%
CERTIFICATE INTEREST -6.84% (5,501,645) -5.92% (6,468,013) -6.96%
SERVICING FEE -2.00% (1,858,586) -2.00% (1,858,586) -2.00%
EXCESS SERVICING 10.66% 8,515,396 9.16% 10,313,442 11.10%
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