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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15 (d) of
the Securities Exchange Act of 1934
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December 20, 2000
(Date of Report - Date of earliest event reported)
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Capitol Revolving Home Equity Loan Trust 1996-1
(Issuer in respect of the Capitol Home Equity Loan
Asset Backed Certificates, Series 1996-1)
(Exact name of registrant as specified in its charter)
33-31682
(Commission File No.)
Maryland 52-0897004
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
8401 Connecticut Avenue
Chevy Chase, Maryland 20815
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (301) 986-7000
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Item 7. Financial Statements and Exhibits.
(c) Exhibits.
Monthly Report to Certificateholders dated December 20, 2000
SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934,
the registrant has caused this report to be signed on behalf of Capitol
Revolving Home Equity Loan Trust 1996-1 by the undersigned thereunto duly
authorized.
CAPITOL REVOLVING HOME EQUITY LOAN TRUST 1996-1
By: Chevy Chase Bank, F.S.B.
Originator of the Trust and Servicer
Dated: January 4, 2001 By: /S/Stephen R. Halpin, Jr.
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Stephen R. Halpin, Jr.
Executive Vice President and
Chief Financial Officer
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EXHIBIT
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