<PAGE>
FORM 8-K
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of l934
Date of Report (Date of earliest event reported) January 10, 1997
--------------------------------
- --------------------------------------------------------------------------------
FCC National Bank
- --------------------------------------------------------------------------------
(Exact name of registrant as specified in its charters)
United States of America 0-16337 51-0269396
- --------------------------------------------------------------------------------
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Numbers) Identification No.)
One Gateway Center, 300 King Street, Wilmington, Delaware 19801
- --------------------------------------------------------------------------------
(Address of principal executive office) (Zip Code)
Registrant's telephone number, including area code: 302-656-5020
Page 1 of 93
Exhibit Index on Page 5
<PAGE>
Item 5. Other Events.
- ------
The Registrant's hereby incorporates by reference the information contained in
Exhibit 28 hereto in response to this Item 5.
Item 7. Financial Statements and Exhibits.
- -------
(c) Exhibits
28A. Monthly Servicer's Certificate -
6.25% Asset Backed Certificates Series 1992-E,
Floating Rate Asset Backed Certificates Series
1993-F, Floating Rate Credit Card Certificates
Series 1993-H, Floating Rate Asset Backed
Certificates Series 1994-I, Floating Rate Asset
Backed Certificates Series 1994-J, Floating Rate
Credit Card Certificates Series 1994-K, 7.15%
Credit Card Certificates Series 1994-L, Floating Rate
Credit Card Certificates Series 1995-M, Floating Rate
Credit Card Certificates Series 1995-N, Floating Rate
Credit Card Certificates Series 1995-O, Floating Rate
Credit Card Certificates Series 1995-P, Floating
Rate Credit Card Certificates Series 1996-Q, Floating
Rate Credit Card Certificates Series 1996-R and
Floating Rate Credit Card Certificates Series 1996-S.
28B. Certificateholder's Payment Date Statement -
First Chicago Master Trust II 6.25% Asset Backed
Certificates Series 1992-E.
28C. Certificateholder's Payment Date Statement -
First Chicago Master Trust II Floating Rate Asset
Backed Certificates Series 1993-F.
28D. Certificateholder's Payment Date Statement -
First Chicago Master Trust II Floating Rate Credit Card
Certificates Series 1993-H.
28E. Certificateholder's Payment Date Statement-
First Chicago Master Trust II Floating Rate Asset
Backed Certificates Series 1994-I.
28F. Certificateholder's Payment Date Statement-
First Chicago Master Trust II Floating Rate Asset
Backed Certificates Series 1994-J.
Page 2 of 93
<PAGE>
28G. Certificateholder's Payment Date Statement-
First Chicago Master Trust II Floating Rate Credit Card
Certificates Series 1994-K.
28H. Certificateholder's Payment Date Statement-
First Chicago Master Trust II 7.15% Credit Card
Certificates Series 1994-L.
28I. Certificateholder's Payment Date Statement-
First Chicago Master Trust II Floating Rate Credit Card
Certificates Series 1995-M.
28J. Certificateholder's Payment Date Statement-
First Chicago Master Trust II Floating Rate Credit Card
Certificates Series 1995-N.
28K. Certificateholder's Payment Date Statement-
First Chicago Master Trust II Floating Rate Credit Card
Certificates Series 1995-O.
28L. Certificateholder's Payment Date Statement-
First Chicago Master Trust II Floating Rate Credit Card
Certificates Series 1995-P.
28M. Certificateholder's Payment Date Statement-
First Chicago Master Trust II Floating Rate Credit Card
Certificates Series 1996-Q.
28N. Certificateholder's Payment Date Statement-First Chicago
Master Trust II Floating Rate Credit Card Certificates
Series 1996-R. (Due Period Ending: November, 1996)
28O. Certificateholder's Payment Date Statement-First Chicago
Master Trust II Floating Rate Credit Card Certificates
Series 1996-R. (Due Period Ending: December, 1996)
28P. Certificateholder's Payment Date Statement-First Chicago
Master Trust II Floating Rate Credit Card Certificates
Series 1996-S. (Due Period Ending: November, 1996)
28Q. Certificateholder's Payment Date Statement-First Chicago
Master Trust II Floating Rate Credit Card Certificates
Series 1996-S. (Due Period Ending: December, 1996)
Page 3 of 93
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of l934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
FCC NATIONAL BANK
----------------------------------
(Registrant)
Date: January 10, 1997 By /s/ Sharon A. Renchof
--------------------------------
Title: Assistant Secretary
Page 4 of 93
<PAGE>
INDEX TO EXHIBITS
Exhibit Description of
Number Exhibit
- ------- --------------
28A. Monthly Servicer's Certificate -
First Chicago Master Trust II
6.25% Asset Backed Certificates
Series 1992-E, Floating Rate Asset
Backed Certificates Series 1993-F,
Floating Rate Credit Card Certificates
Series 1993-H, Floating Rate Asset
Backed Certificates Series 1994-I,
Floating Rate Asset Backed Certificates
Series 1994-J, Floating Rate Credit Card
Certificates Series 1994-K, 7.15% Credit
Card Certificates Series 1994-L, Floating
Rate Credit Card Certificates Series
1995-M, Floating Rate Credit Card
Certificates Series 1995-N, Floating Rate
Credit Card Certificates Series 1995-O,
Floating Rate Credit Card Certificates
Series 1995-P, Floating Rate Credit
Card Certificates Series 1996-Q, Floating
Rate Credit Card Certificates Series
1996-R and Floating Rate Credit Card
Certificates Series 1996-S.
28B. Certificateholder's Payment Date
Statement - First Chicago Master
Trust II 6.25% Asset Backed
Certificates Series 1992-E.
28C. Certificateholder's Payment Date
Statement - First Chicago Master
Trust II Floating Rate Asset Backed
Certificates Series 1993-F.
Page 5 of 93
<PAGE>
28D. Certificateholder's Payment Date
Statement - First Chicago Master
Trust II Floating Rate Credit Card
Certificates Series 1993-H.
28E. Certificateholder's Payment Date
Statement - First Chicago Master
Trust II Floating Rate Asset Backed
Certificates Series 1994-I.
28F. Certificateholder's Payment Date
Statement - First Chicago Master
Trust II Floating Rate Asset Backed
Certificates Series 1994-J.
28G. Certificateholder's Payment Date
Statement - First Chicago Master
Trust II Floating Rate Credit Card
Certificates Series 1994-K.
28H. Certificateholder's Payment Date
Statement - First Chicago Master
Trust II 7.15% Credit Card
Certificates Series 1994-L.
28I. Certificateholder's Payment Date
Statement - First Chicago Master
Trust II Floating Rate Credit Card
Certificates Series 1995-M.
28J. Certificateholder's Payment Date
Statement - First Chicago Master
Trust II Floating Rate Credit Card
Certificates Series 1995-N.
28K. Certificateholder's Payment Date
Statement - First Chicago Master
Trust II Floating Rate Credit Card
Certificates Series 1995-O.
28L. Certificateholder's Payment Date
Statement - First Chicago Master
Trust II Floating Rate Credit Card
Certificates Series 1995-P.
28M. Certificateholder's Payment Date
Statement - First Chicago Master
Trust II Floating Rate Credit Card
Certificates Series 1996-Q.
28N. Certificateholder's Payment Date
Statement - First Chicago Master
Trust II Floating Rate Credit Card
Certificates Series 1996-R. (Due
Period Ending: November, 1996)
28O. Certificateholder's Payment Date
Statement - First Chicago Master
Trust II Floating Rate Credit Card
Certificates Series 1996-R. (Due
Period Ending: December, 1996)
28P. Certificateholder's Payment Date
Statement - First Chicago Master
Trust II Floating Rate Credit Card
Certificates Series 1996-S. (Due
Period Ending: November, 1996)
28Q. Certificateholder's Payment Date
Statement - First Chicago Master
Trust II Floating Rate Credit Card
Certificates Series 1996-S. (Due
Period Ending: December, 1996)
Page 6 of 93
<PAGE>
Exhibit 28A
MONTHLY SERVICER'S CERTIFICATE
FCC NATIONAL BANK
---------------------------------------------------
FIRST CHICAGO MASTER TRUST II
January 7, 1997
---------------------------------------------------
The undersigned, duly authorized representatives of FCC
National Bank ("FCCNB"), as Servicer pursuant to the Pooling
and Servicing Agreement dated as of June 1, 1990, as amended
and supplemented, (the "Pooling and Servicing Agreement") by
and between FCCNB, as Seller and Servicer and Norwest Bank
Minnesota, National Association, as Trustee, does hereby
certify as follows:
1. Capitalized terms used in this Certificate have their
respective meanings set forth in the Pooling and Servicing
Agreement.
2. FCCNB is as of the date hereof the Seller and
the Servicer under the Pooling and Servicing
Agreement.
3. The undersigned are Servicing Officers.
4. The aggregate amount of Collections
processed for the Due Period for this
Distribution Date was equal to . . . . $3,506,436,746.58
Page 7 of 93
<PAGE>
5. (a) The aggregate amount of such Collections
allocated to Principal Receivables for the
Due Period for this Distribution Date was
equal to . . . . . . . . . . . . . . . . $3,272,664,922.95
(b) The aggregate amount of such Collections
allocated to Finance Charge Receivables for the
Due Period for this Distribution Date was
equal to . . . . . . . . . . . . . . . . $233,771,823.63
6. The aggregate Interchange Amount, (which
will be included as Finance Charge Receivables
for all Series), for this distribution
date was equal to. . . . . . . . . . . . $41,032,860.63
7. The Invested Percentage of Collections
allocated to Principal Receivables
for the Due Period was equal to for:
Series 1992-E . . . . . . . . . . . . . . 6.387%
Series 1993-F . . . . . . . . . . . . . . 4.471%
Series 1993-H . . . . . . . . . . . . . . 4.471%
Series 1994-I . . . . . . . . . . . . . . 3.194%
Series 1994-J . . . . . . . . . . . . . . 3.194%
Series 1994-K . . . . . . . . . . . . . . 3.194%
Series 1994-L . . . . . . . . . . . . . . 3.194%
Series 1995-M . . . . . . . . . . . . . . 3.650%
Series 1995-N . . . . . . . . . . . . . . 3.650%
Series 1995-O . . . . . . . . . . . . . . 3.650%
Series 1995-P . . . . . . . . . . . . . . 3.650%
Series 1996-Q . . . . . . . . . . . . . . 6.570%
Series 1996-R . . . . . . . . . . . . . . 2.920%
Series 1996-S . . . . . . . . . . . . . . 5.110%
8. The Invested Percentage of Collections
allocated to Finance Charge Receivables for
the Due Period was equal to for:
Series 1992-E . . . . . . . . . . . . . . 6.387%
Series 1993-F . . . . . . . . . . . . . . 4.471%
Series 1993-H . . . . . . . . . . . . . . 4.471%
Series 1994-I . . . . . . . . . . . . . . 2.927%
Series 1994-J . . . . . . . . . . . . . . 3.194%
Series 1994-K . . . . . . . . . . . . . . 3.194%
Series 1994-L . . . . . . . . . . . . . . 3.194%
Series 1995-M . . . . . . . . . . . . . . 3.650%
Series 1995-N . . . . . . . . . . . . . . 3.650%
Series 1995-O . . . . . . . . . . . . . . 3.650%
Series 1995-P . . . . . . . . . . . . . . 3.650%
Series 1996-Q . . . . . . . . . . . . . . 6.570%
Series 1996-R . . . . . . . . . . . . . . 2.920%
Series 1996-S . . . . . . . . . . . . . . 5.110%
Page 8 of 93
<PAGE>
9. The Invested Percentage with respect to
the Investor Default Amount for
the Due Period was equal to for:
Series 1992-E . . . . . . . . . . . . . . 6.387%
Series 1993-F . . . . . . . . . . . . . . 4.471%
Series 1993-H . . . . . . . . . . . . . . 4.471%
Series 1994-I . . . . . . . . . . . . . . 2.927%
Series 1994-J . . . . . . . . . . . . . . 3.194%
Series 1994-K . . . . . . . . . . . . . . 3.194%
Series 1994-L . . . . . . . . . . . . . . 3.194%
Series 1995-M . . . . . . . . . . . . . . 3.650%
Series 1995-N . . . . . . . . . . . . . . 3.650%
Series 1995-O . . . . . . . . . . . . . . 3.650%
Series 1995-P . . . . . . . . . . . . . . 3.650%
Series 1996-Q . . . . . . . . . . . . . . 6.570%
Series 1996-R . . . . . . . . . . . . . . 2.920%
Series 1996-S . . . . . . . . . . . . . . 5.110%
10. The aggregate amount of drawings or payments,
if any, under the Enhancement, if any,
required to be made on the next succeeding
Distribution Date is equal to for:
Series 1992-E . . . . . . . . . . . . . . $0.00
Series 1993-F . . . . . . . . . . . . . . $0.00
Series 1993-H . . . . . . . . . . . . . . $0.00
Series 1994-I . . . . . . . . . . . . . . $0.00
Series 1994-J . . . . . . . . . . . . . . $0.00
Series 1994-K . . . . . . . . . . . . . . $0.00
Series 1994-L . . . . . . . . . . . . . . $0.00
Series 1995-M . . . . . . . . . . . . . . $0.00
Series 1995-N . . . . . . . . . . . . . . $0.00
Series 1995-O . . . . . . . . . . . . . . $0.00
Series 1995-P . . . . . . . . . . . . . . $0.00
Series 1996-Q . . . . . . . . . . . . . . $0.00
Series 1996-R . . . . . . . . . . . . . . $0.00
Series 1996-S . . . . . . . . . . . . . . $0.00
11. The amount of interest due on the Cash
Collateral Account loan, if applicable,
required to be paid on the next Distribution
Date is equal to for:
Series 1992-E . . . . . . . . . . . . . . $53,568.80
Series 1993-F . . . . . . . . . . . . . . $38,791.67
Series 1993-H . . . . . . . . . . . . . . $39,008.31
Series 1994-I . . . . . . . . . . . . . . $20,159.75
Series 1994-J . . . . . . . . . . . . . . $24,008.15
Series 1994-K . . . . . . . . . . . . . . $25,474.73
Series 1994-L . . . . . . . . . . . . . . $17,468.27
Series 1995-M . . . . . . . . . . . . . . $0.00
Series 1995-N . . . . . . . . . . . . . . $0.00
Series 1995-O . . . . . . . . . . . . . . $0.00
Series 1995-P . . . . . . . . . . . . . . $0.00
Series 1996-Q . . . . . . . . . . . . . . $0.00
Series 1996-R . . . . . . . . . . . . . . $0.00
Series 1996-S . . . . . . . . . . . . . . $0.00
Page 9 of 93
<PAGE>
12. The amount of Monthly Servicing Fee
required to be paid on the next succeeding
Distribution Date is equal to for:
Series 1992-E . . . . . . . . . . . . . . $1,666,666.67
Series 1993-F . . . . . . . . . . . . . . $1,225,000.00
Series 1993-H . . . . . . . . . . . . . . $1,166,666.67
Series 1994-I . . . . . . . . . . . . . . $763,888.89
Series 1994-J . . . . . . . . . . . . . . $833,333.33
Series 1994-K . . . . . . . . . . . . . . $833,333.33
Series 1994-L . . . . . . . . . . . . . . $833,333.33
Series 1995-M . . . . . . . . . . . . . . $952,380.96
Series 1995-N . . . . . . . . . . . . . . $952,380.96
Series 1995-O . . . . . . . . . . . . . . $952,380.96
Series 1995-P . . . . . . . . . . . . . . $952,380.96
Series 1996-Q . . . . . . . . . . . . . . $1,714,285.71
Series 1996-R . . . . . . . . . . . . . . $888,888.90 *
Series 1996-S . . . . . . . . . . . . . . $1,555,555.55 *
13. The aggregate amount payable to Investor
Certificateholders on the succeeding
Distribution Date in respect of interest
is equal to for:
Series 1992-E . . . . . . . . . . . . . . $5,208,333.33
Series 1993-F . . . . . . . . . . . . . . $3,456,250.00
Series 1993-H . . . . . . . . . . . . . . $3,397,916.67
Series 1994-I . . . . . . . . . . . . . . $2,213,368.06
Series 1994-J . . . . . . . . . . . . . . $2,435,416.67
Series 1994-K . . . . . . . . . . . . . . $2,421,875.00
Series 1994-L . . . . . . . . . . . . . . $2,979,166.67
Series 1995-M . . . . . . . . . . . . . . $2,793,771.43
Series 1995-N . . . . . . . . . . . . . . $2,757,813.10
Series 1995-O . . . . . . . . . . . . . . $2,795,729.75
Series 1995-P . . . . . . . . . . . . . . $2,769,063.09
Series 1996-Q . . . . . . . . . . . . . . $4,942,367.15
Series 1996-R . . . . . . . . . . . . . . $3,571,131.44 *
Series 1996-S . . . . . . . . . . . . . . $6,325,174.45 *
14. The aggregate amount payable to Investor
Certificateholders on the succeeding
Distribution Date in respect of principal
is equal to for:
Series 1992-E . . . . . . . . . . . . . . $0.00
Series 1993-F . . . . . . . . . . . . . . $0.00
Series 1993-H . . . . . . . . . . . . . . $0.00
Series 1994-I . . . . . . . . . . . . . . $41,666,666.67
Series 1994-J . . . . . . . . . . . . . . $0.00
Series 1994-K . . . . . . . . . . . . . . $0.00
Series 1994-L . . . . . . . . . . . . . . $0.00
Series 1995-M . . . . . . . . . . . . . . $0.00
Series 1995-N . . . . . . . . . . . . . . $0.00
Series 1995-O . . . . . . . . . . . . . . $0.00
Series 1995-P . . . . . . . . . . . . . . $0.00
Series 1996-Q . . . . . . . . . . . . . . $0.00
Series 1996-R . . . . . . . . . . . . . . $0.00
Series 1996-S . . . . . . . . . . . . . . $0.00
* Includes amounts from November 26, 1996 Closing Date to January
15, 1997 Distribution Date
Page 10 of 93
<PAGE>
15. The excess, if any, of the First Chicago Amount
over the Aggregate Principal Receivables
required to be maintained pursuant to the
Agreement . . . . . . . . . . . . . . . . $6,684,977,235.36
16. The First Chicago Amount for the Due
Period divided by Aggregate Principal
Receivables for the Due Period . . . . . . . . . 42.964%
17. The Minimum First Chicago Interest
Percentage . . . . . . . . . . . . . . . . . . . 7.000%
18. Attached hereto is a true and correct copy of
the statement required to be delivered by the
Servicer on the date of this Certificate to the
Trustee in respect of each Series outstanding
pursuant to Section 5.02(a) of the Agreement,
if applicable.
19. As of the date hereof, to the best
knowledge of the undersigned, no default in
the performance of the obligation of the Servicer
under the Pooling and Servicing Agreement has
occurred or is continuing except as follows: None.
20. As of the date hereof no Liquidation Event has been
deemed to have occurred for the Due Period for this
Distribution Date with respect to any Series.
21. As of the date hereof, to the best knowledge of the
undersigned, no Lien has been placed on any of the
Receivables other than the Lien granted by the
Pooling and Servicing Agreement.
22. During the preceding calendar month, the number of
newly - originated Accounts was 42,141.
IN WITNESS WHEREOF, the undersigned have duly executed and delivered this
certificate the date first set forth above.
FCC NATIONAL BANK
as Servicer
By: /s/ Michael J. Sheahan
--------------------------------------
Servicing Officer
By: /s/ Charlotte Drevant
--------------------------------------
Servicing Officer
Page 11 of 93
<PAGE>
Exhibit 28B
CERTIFICATEHOLDER'S PAYMENT DATE STATEMENT
FCC NATIONAL BANK
---------------------------------------------------
FIRST CHICAGO MASTER TRUST II
Series 1992-E
January 7, 1997
---------------------------------------------------
Under the Pooling and Servicing Agreement (the "Pooling and Servicing
Agreement") dated as of June 1, 1990 by and between FCC National Bank, as Seller
and Servicer ("FCCNB"), and Norwest Bank Minnesota, National Association, as
Trustee, (the "Trustee"), as amended and supplemented by the Series 1992-E
Supplement dated as of August 1, 1992 by and between FCCNB and the Trustee,
FCCNB, as Servicer, is required to prepare certain information for each Payment
Date regarding current distributions to Certificateholders and the performance
of the First Chicago Master Trust II (the "Trust") during the previous period.
The information which is required to be prepared with respect to the
distribution on the January 15, 1997 Payment Date and with respect to the
performance of the Trust during the Due Period for such Payment Date is set
forth below. Certain of the information is presented on the basis of aggregate
amounts for the Trust as a whole. All capitalized terms used herein shall have
the respective meanings set forth in the Pooling and Servicing Agreement.
A. Information Regarding the Current Distribution
(Stated on the Basis of $1000 Original Principal Amount).
1. The total amount of the distribution to
Series 1992-E Certificateholders on the
Payment Date per $1,000 interest. . . . $5.208
2. The amount of the distribution set forth
in paragraph 1 above in respect of
principal on the Series 1992-E Certificates,
per $1,000 interest . . . . . . . . . . $0.000
3. The amount of the distribution set forth in
paragraph 1 above in respect of interest on
the Series 1992-E Certificates, per $1,000
interest. . . . . . . . . . . . . . . . $5.208
Page 12 of 93
<PAGE>
B. Information Regarding the Performance of the Trust.
1. Collections of Receivables.
a. The aggregate amount of Collections of
Receivables processed for the Due Period
with respect to the current Distribution
Date which were allocated in respect of
the Investor Certificates of all Series. $252,788,017.94
b. The aggregate amount of Collections of
Receivables processed for the Due Period
with respect to the current Distribution
Date which were allocated in respect of
the Series 1992-E Certificates. . . . . $17,552,220.31
c. The amount of Collections of Receivables
processed for the Due Period with respect
to the current Distribution Date which were
allocated in respect of Series 1992-E
Certificates, per $1,000 interest. . . . $17.552
2. Receivables in Trust.
a. Aggregate Principal Receivables for the
Due Period with respect to the current
Distribution Date (which reflects the
Principal Receivables represented by
the Exchangeable Seller's Certificate
and by the Investor Certificates of
all Series). . . . . . . . . . . . . . . $15,656,405,810.36
b. The amount of Principal Receivables in
the Trust represented by the Series 1992-E
Certificates (the "Invested Amount") for
the Due Period with respect to the current
Distribution Date . . . . . . . . . . . $1,000,000,000.00
c. The Invested Percentage with respect to
Finance Charge Receivables (including
Interchange) and Defaulted Receivables for
the Series 1992-E Certificates for the Due
Period with respect to the current
Distribution Date . . . . . . . . . . . 6.387%
d. The Invested Percentage with respect
to Principal Receivables for the
Series 1992-E Certificates for the
Due Period with respect to the
current Distribution Date . . . . . . . 6.387%
Page 13 of 93
<PAGE>
3. Delinquent Balances.
The aggregate amount of outstanding
balances in the Accounts which were 30
or more days delinquent as of the end of
the Due Period for the current Distribution
Date. . . . . . . . . . . . . . . $952,675,623.98
4. Investor Default Amount.
The aggregate amount of all Defaulted
Receivables written off as uncollectible
during the Due Period with respect
to the current Distribution Date
allocable to the Series 1992-E
Certificates (the "Investor Default
Amount"). . . . . . . . . . . . . $6,870,332.62
5. Investor Charge-Offs.
a. The amount of the Investor Charge-Offs
per $1,000 interest after reimbursement
of any such Investor Charge-Offs for the
Due Period with respect to the current
Distribution Date . . . . . . . . . $0.000
b. The amount attributable to Investor Charge-Offs,
if any, by which the principal balance of
the Series 1992-E Certificates exceeds
the Invested Amount as of the end of the
day on the Record Date with respect
to the current Distribution Date. . $0.00
6. Monthly Servicing Fee.
The amount of the Monthly Servicing
Fee payable by the Trust to the Servicer
for the current Distribution Date . $1,666,666.67
7. Available Cash Collateral Amount.
a. The amount, if any, withdrawn
from the Cash Collateral Account
for the current Distribution Date
(the "Withdrawal Amount") . . . . . $0.00
b. The amount available to be withdrawn from
the Cash Collateral Account (the "Available
Cash Collateral Amount") as of the end
of the day on the current Distribution
Date, after giving effect to all
withdrawals, deposits and payments to be
made in respect of the preceding Due
Period . . . . . . . . . . . . . . . $120,000,000.00
Page 14 of 93
<PAGE>
c. The Available Cash Collateral Amount
as computed in 7.b. as a percentage of the
Invested Amount of the Series 1992-E
Certificates as of such Due Period . . . 12.000%
C. The Pool Factor.
The Pool Factor (which represents the ratio
of the Invested Amount on the last day
of the month ending on the Record Date
adjusted for Investor Charge-Offs set forth
in B.5.a. above and for the distributions of
principal set forth in A.2 above to the
Initial Invested Amount). The amount of a
Certificateholder's pro rata share of the
Invested Amount can be determined by multi-
plying the original denomination of the
holder's Certificate by the Pool Factor . . 100.00000000%
D. Deficit Controlled Amortization Amount.
1. The Deficit Controlled Amortization Amount
for the preceding Due Period. . . . . . $0.00
FCC NATIONAL BANK,
Servicer
By /s/ Michael J. Sheahan
-------------------------
Title: Vice President
Page 15 of 93
<PAGE>
Exhibit 28C
CERTIFICATEHOLDER'S PAYMENT DATE STATEMENT
FCC NATIONAL BANK
---------------------------------------------------
FIRST CHICAGO MASTER TRUST II
Series 1993-F
January 7, 1997
---------------------------------------------------
Under the Pooling and Servicing Agreement (the "Pooling
and Servicing Agreement") dated as of June 1, 1990 by and between FCC
National Bank, as Seller and Servicer ("FCCNB"), and Norwest Bank
Minnesota, National Association, as Trustee, (the "Trustee"), as
amended and supplemented by the Series 1993-F Supplement dated as of
June 1, 1993 by and between FCCNB and the Trustee, FCCNB, as Servicer,
is required to prepare certain information for each Payment Date
regarding current distributions to Certificateholders and the
performance of the First Chicago Master Trust II (the "Trust") during
the previous period. The information which is required to be prepared
with respect to the distribution on the January 15, 1997 Payment Date
and with respect to the performance of the Trust during the Due Period
for such Payment Date is set forth below. Certain of the information
is presented on the aggregate amounts for the Trust as a whole. All
capitalized terms used herein shall have the respective meanings set
forth in the Pooling and Servicing Agreement.
A. Information Regarding the Current Distribution
(Stated on the Basis of $1000 Original Principal Amount).
1. The total amount of the distribution to
Series 1993-F Certificateholders on the
Payment Date per $1,000 interest. . . . $4.938
2. The amount of the distribution set forth
in paragraph 1 above in respect of
principal on the Series 1993-F Certificates,
per $1,000 interest . . . . . . . . . . $0.000
3. The amount of the distribution set forth in
paragraph 1 above in respect of interest on
the Series 1993-F Certificates, per $1,000
interest. . . . . . . . . . . . . . . . $4.938
Page 16 of 93
<PAGE>
B. Information Regarding the Performance of the Trust.
1. Collections of Receivables.
a. The aggregate amount of Collections of
Receivables processed for the Due Period
with respect to the current Distribution
Date which were allocated in respect of
the Investor Certificates of all Series . $252,788,017.94
b. The aggregate amount of Collections of
Receivables processed for the Due Period
with respect to the current Distribution
Date which were allocated in respect of
the Series 1993-F Certificates. . . . . $11,353,220.90
c. The amount of Collections of Receivables
processed for the Due Period with respect
to the current Distribution Date which were
allocated in respect of Series 1993-F
Certificates, per $1,000 interest. . . . $16.219
d. Excess Principal Collections allocated in
respect of the Series 1993-F Certificates,
if any. . . . . . . . . . . . . . . . . . $0.00
2. Receivables in Trust.
a. Aggregate Principal Receivables for the
Due Period with respect to the current
Distribution Date (which reflects the
Principal Receivables represented by the
Exchangeable Seller's Certificate and by
the Investor Certificates of all Series). $15,656,405,810.36
b. The amount of Principal Receivables in
the Trust represented by the Series 1993-F
Certificates (the "Invested Amount") for
the Due Period with respect to the current
Distribution Date . . . . . . . . . . . $700,000,000.00
c. The Invested Percentage with respect to
Finance Charge Receivables (including
Interchange) and Defaulted Receivables for
the Series 1993-F Certificates for the Due
Period with respect to the current
Distribution Date . . . . . . . . . . . 4.471%
d. The Invested Percentage with respect
to Principal Receivables for the
Series 1993-F Certificates for the
Due Period with respect to the
current Distribution Date . . . . . . . 4.471%
e. The Pre-Allocated Invested Amount for
the Due period with respect to the
current Distribution Date . . . . . . . $0.00
Page 17 of 93
<PAGE>
3. Delinquent Balances.
The aggregate amount of outstanding
balances in the Accounts which were 30
or more days delinquent as of the end of
the Due Period for the current Distribution
Date. . . . . . . . . . . . . . . $952,675,623.98
4. Investor Default Amount.
The aggregate amount of all Defaulted
Receivables written off as uncollectible
during the Due Period with respect
to the current Distribution Date
allocable to the Series 1993-F
Certificates (the "Investor Default
Amount"). . . . . . . . . . . . . $4,809,232.84
5. Investor Charge-Offs.
a. The amount of the Investor Charge-Offs
per $1,000 interest after reimbursement
of any such Investor Charge-Offs for the
Due Period with respect to the current
Distribution Date . . . . . . . . . $0.000
b. The amount attributable to Investor Charge-Offs,
if any, by which the principal balance of
the Series 1993-F Certificates exceeds
the Invested Amount as of the end of the
day on the Record Date with respect
to the current Distribution Date. . $0.00
6. Monthly Servicing Fee.
a. The amount of the Monthly Servicing Fee
payable from Available Funds by the
Trust to the Servicer with respect to
the current Distribution Date . . . $291,666.67
b. The amount of the Interchange Monthly
Servicing Fee payable to the Servicer
with respect to the current
Distribution Date . . . . . . . . . $933,333.33
7. Available Cash Collateral Amount.
a. The amount, if any, withdrawn
from the Cash Collateral Account
for the current Distribution Date
(the "Withdrawal Amount") . . . . . $0.00
Page 18 of 93
<PAGE>
b. The amount available to be withdrawn from
the Cash Collateral Account (the "Available
Cash Collateral Amount") as of the end
of the day on the current Distribution
Date, after giving effect to all
withdrawals, deposits and payments to be
made in respect of the preceding Due
Period . . . . . . . . . . . . . . . $91,000,000.00
c. The Available Cash Collateral Amount
as computed in 7.b. as a percentage of the
Invested Amount of the Series 1993-F
Certificates as of such Due Period . . . 13.000%
C. The Pool Factor.
The Pool Factor (which represents the ratio
of the Invested Amount on the last day
of the month ending on the Record Date
adjusted for Investor Charge-Offs set forth
in B.5.a. above and for the distributions of
principal set forth in A.2 above to the
Initial Invested Amount). The amount of a
Certificateholder's pro rata share of the
Invested Amount can be determined by
multiplying the original denomination of the
holder's Certificate by the Pool Factor . . 100.00000000%
D. Deficit Controlled Amortization Amount.
1. The Deficit Controlled Amortization Amount
for the preceding Due Period. . . . . . $0.00
FCC NATIONAL BANK,
Servicer
By /s/ Michael J. Sheahan
----------------------
Title: Vice President
Page 19 of 93
<PAGE>
Exhibit 28D
CERTIFICATEHOLDER'S PAYMENT DATE STATEMENT
FCC NATIONAL BANK
---------------------------------------------------
FIRST CHICAGO MASTER TRUST II
Series 1993-H
January 7, 1997
---------------------------------------------------
Under the Pooling and Servicing Agreement (the "Pooling
and Servicing Agreement") dated as of June 1, 1990 by and between
FCC National Bank, as Seller and Servicer ("FCCNB"), and Norwest
Bank Minnesota, National Association, as Trustee, (the "Trustee"),
as amended and supplemented by the Series 1993-H Supplement dated
as of August 1, 1993 by and between FCCNB and the Trustee, FCCNB,
as Servicer, is required to prepare certain information for each
Payment Date regarding current distributions to Certificateholders
and the performance of the First Chicago Master Trust II (the
"Trust") during the previous period. The information which is
required to be prepared with respect to the distribution on the
January 15, 1997 Payment Date and with respect to the performance
of the Trust during the Due Period for such Payment Date is set
forth below. Certain of the information is presented on the
aggregate amounts for the Trust as a whole. All capitalized terms
used herein shall have the respective meanings set forth in the
Pooling and Servicing Agreement.
A. Information Regarding the Current Distribution
(Stated on the Basis of $1000 Original Principal Amount).
1. The total amount of the distribution to
Series 1993-H Certificateholders on the
Payment Date per $1,000 interest. . . . $4.854
2. The amount of the distribution set forth
in paragraph 1 above in respect of
principal on the Series 1993-H Certificates,
per $1,000 interest . . . . . . . . . . $0.000
3. The amount of the distribution set forth in
paragraph 1 above in respect of interest on
the Series 1993-H Certificates, per $1,000
interest. . . . . . . . . . . . . . . . $4.854
Page 20 of 93
<PAGE>
B. Information Regarding the Performance of the Trust.
1. Collections of Receivables.
a. The aggregate amount of Collections of
Receivables processed for the Due Period
with respect to the current Distribution
Date which were allocated in respect of
the Investor Certificates of all Series. $252,788,017.94
b. The aggregate amount of Collections of
Receivables processed for the Due Period
with respect to the current Distribution
Date which were allocated in respect of
the Series 1993-H Certificates. . . . . $11,557,387.56
c. The amount of Collections of Receivables
processed for the Due Period with respect
to the current Distribution Date which were
allocated in respect of Series 1993-H
Certificates, per $1,000 interest. . . . $16.511
d. Excess Principal Collections allocated in
respect of the Series 1993-H Certificates,
if any. . . . . . . . . . . . . . . . . . $0.00
2. Receivables in Trust.
a. Aggregate Principal Receivables for the
Due Period with respect to the current
Distribution Date (which reflects the
Principal Receivables represented by the
Exchangeable Seller's Certificate and by
the Investor Certificates of all Series) $15,656,405,810.36
b. The amount of Principal Receivables in
the Trust represented by the Series 1993-H
Certificates (the "Invested Amount") for
the Due Period with respect to the current
Distribution Date . . . . . . . . . . . $700,000,000.00
c. The Invested Percentage with respect to
Finance Charge Receivables (including
Interchange) and Defaulted Receivables for
the Series 1993-H Certificates for the Due
Period with respect to the current
Distribution Date . . . . . . . . . . . 4.471%
d. The Invested Percentage with respect
to Principal Receivables for the
Series 1993-H Certificates for the
Due Period with respect to the
current Distribution Date . . . . . . . 4.471%
e. The Pre-Allocated Invested Amount for
the Due period with respect to the
current Distribution Date . . . . . . . $0.00
Page 21 of 93
<PAGE>
3. Delinquent Balances.
The aggregate amount of outstanding
balances in the Accounts which were 30
or more days delinquent as of the end of
the Due Period for the current Distribution
Date. . . . . . . . . . . . . . . $952,675,623.98
4. Investor Default Amount.
The aggregate amount of all Defaulted
Receivables written off as uncollectible
during the Due Period with respect
to the current Distribution Date
allocable to the Series 1993-H
Certificates (the "Investor Default
Amount"). . . . . . . . . . . . . $4,809,232.84
5. Investor Charge-Offs.
a. The amount of the Investor Charge-Offs
per $1,000 interest after reimbursement
of any such Investor Charge-Offs for the
Due Period with respect to the current
Distribution Date . . . . . . . . . $0.000
b. The amount attributable to Investor Charge-Offs,
if any, by which the principal balance of
the Series 1993-H Certificates exceeds
the Invested Amount as of the end of the
day on the Record Date with respect
to the current Distribution Date. . $0.00
6. Monthly Servicing Fee.
a. The amount of the Monthly Servicing Fee
payable from Available Funds by the
Trust to the Servicer with respect to
the current Distribution Date . . . $437,500.00
b. The amount of the Interchange Monthly
Servicing Fee payable to the Servicer
with respect to the current
Distribution Date . . . . . . . . . $729,166.67
7. Available Cash Collateral Amount.
a. The amount, if any, withdrawn
from the Cash Collateral Account
for the current Distribution Date
(the "Withdrawal Amount") . . . . . $0.00
Page 22 of 93
<PAGE>
b. The amount available to be withdrawn from
the Cash Collateral Account (the "Available
Cash Collateral Amount") as of the end
of the day on the current Distribution
Date, after giving effect to all
withdrawals, deposits and payments to be
made in respect of the preceding Due
Period . . . . . . . . . . . . . . . $91,000,000.00
c. The Available Cash Collateral Amount
as computed in 7.b. as a percentage of the
Invested Amount of the Series 1993-H
Certificates as of such Due Period . . . 13.000%
C. The Pool Factor.
The Pool Factor (which represents the ratio
of the Invested Amount on the last day
of the month ending on the Record Date
adjusted for Investor Charge-Offs set forth
in B.5.a. above and for the distributions of
principal set forth in A.2 above to the
Initial Invested Amount). The amount of a
Certificateholder's pro rata share of the
Invested Amount can be determined by
multiplying the original denomination of the
holder's Certificate by the Pool Factor . . 100.00000000%
D. Deficit Controlled Amortization Amount.
1. The Deficit Controlled Amortization Amount
for the preceding Due Period. . . . . . $0.00
FCC NATIONAL BANK,
Servicer
By /s/ Michael J. Sheahan
----------------------
Title: Vice President
Page 23 of 93
<PAGE> Exhibit 28E
CERTIFICATEHOLDER'S PAYMENT DATE STATEMENT
FCC NATIONAL BANK
---------------------------------------------------
FIRST CHICAGO MASTER TRUST II
Series 1994-I
January 7, 1997
---------------------------------------------------
Under the Pooling and Servicing Agreement (the "Pooling
and Servicing Agreement") dated as of June 1, 1990 by and between
FCC National Bank, as Seller and Servicer ("FCCNB"), and Norwest
Bank Minnesota, National Association, as Trustee, (the "Trustee"),
as amended and supplemented by the Series 1994-I Supplement dated
as of May 1, 1994 by and between FCCNB and the Trustee, FCCNB,
as Servicer, is required to prepare certain information for each
Payment Date regarding current distributions to Certificateholders
and the performance of the First Chicago Master Trust II (the
"Trust") during the previous period. The information which is
required to be prepared with respect to the distribution on the
January 15, 1997 Payment Date and with respect to the performance
of the Trust during the Due Period for such Payment Date is set
forth below. Certain of the information is presented on the
aggregate amounts for the Trust as a whole. All capitalized terms
used herein shall have the respective meanings set forth in the
Pooling and Servicing Agreement.
A. Information Regarding the Current Distribution
(Stated on the Basis of $1000 Original Principal Amount).
1. The total amount of the distribution to
Series 1994-I Certificateholders on the
Payment Date per $1,000 interest. . . . $87.760
2. The amount of the distribution set forth
in paragraph 1 above in respect of
principal on the Series 1994-I Certificates,
per $1,000 interest . . . . . . . . . . $83.333
3. The amount of the distribution set forth in
paragraph 1 above in respect of interest on
the Series 1994-I Certificates, per $1,000
interest. . . . . . . . . . . . . . . . $ 4.427
Page 24 of 93
<PAGE>
B. Information Regarding the Performance of the Trust.
1. Collections of Receivables.
a. The aggregate amount of Collections of
Receivables processed for the Due Period
with respect to the current Distribution
Date which were allocated in respect of
the Investor Certificates of all Series. $252,788,017.94
b. The aggregate amount of Collections of
Receivables processed for the Due Period
with respect to the current Distribution
Date which were allocated in respect of
the Series 1994-I Certificates. . . . . $112,082,541.93
c. The amount of Collections of Receivables
processed for the Due Period with respect
to the current Distribution Date which were
allocated in respect of Series 1994-I
Certificates, per $1,000 interest. . . . $224.165
d. Excess Finance Charge Collections allocated
in respect of the Series 1994-I Certificates,
if any. . . . . . . . . . . . . . . . . . $0.00
e. Excess Principal Collections allocated in
respect of the Series 1994-I Certificates,
if any. . . . . . . . . . . . . . . . . . $0.00
2. Receivables in Trust.
a. Aggregate Principal Receivables for the
Due Period with respect to the current
Distribution Date (which reflects the
Principal Receivables represented by the
Exchangeable Seller's Certificate and by
the Investor Certificates of all Series). $15,656,405,810.36
b. The amount of Principal Receivables in
the Trust represented by the Series 1994-I
Certificates (the "Invested Amount") for
the Due Period with respect to the current
Distribution Date . . . . . . . . . . . $458,333,333.33
c. The Invested Percentage with respect to
Finance Charge Receivables (including
Interchange) and Defaulted Receivables for
the Series 1994-I Certificates for the Due
Period with respect to the current
Distribution Date . . . . . . . . . . . 2.927%
d. The Invested Percentage with respect to
Principal Receivables for the Series 1994-I
Certificates for the Due Period with respect
to the current Distribution Date . . . . . 3.194%
Page 25 of 93
<PAGE>
3. Delinquent Balances.
The aggregate amount of outstanding
balances in the Accounts which were 30
or more days delinquent as of the end of
the Due Period for the current Distribution
Date. . . . . . . . . . . . . . . $952,675,623.98
4. Investor Default Amount.
The aggregate amount of all Defaulted
Receivables written off as uncollectible
during the Due Period with respect
to the current Distribution Date
allocable to the Series 1994-I
Certificates (the "Investor Default
Amount"). . . . . . . . . . . . . $3,148,902.45
5. Investor Charge-Offs.
a. The amount of the Investor Charge-Offs
per $1,000 interest after reimbursement
of any such Investor Charge-Offs for the
Due Period with respect to the current
Distribution Date . . . . . . . . . $0.000
b. The amount attributable to Investor Charge-Offs,
if any, by which the principal balance of
the Series 1994-I Certificates exceeds
the Invested Amount as of the end of the
day on the Record Date with respect
to the current Distribution Date. . $0.00
6. Monthly Servicing Fee.
a. The amount of the Monthly Servicing Fee
payable from Available Funds by the
Trust to the Servicer with respect to
the current Distribution Date . . . $286,458.33
b. The amount of the Interchange Monthly
Servicing Fee payable to the Servicer
with respect to the current
Distribution Date . . . . . . . . . $477,430.56
7. Available Cash Collateral Amount.
a. The amount, if any, withdrawn
from the Cash Collateral Account
for the current Distribution Date
(the "Withdrawal Amount") . . . . . $0.00
Page 26 of 93
<PAGE>
b. The amount available to be withdrawn from
the Cash Collateral Account (the "Available
Cash Collateral Amount") as of the end
of the day on the current Distribution
Date, after giving effect to all
withdrawals, deposits and payments to be
made in respect of the preceding Due
Period . . . . . . . . . . . . . . . $57,291,666.67
c. The Available Cash Collateral Amount
as computed in 7.b. as a percentage of the
Invested Amount of the Series 1994-I
Certificates as of such Due Period . . . 12.500%
C. The Pool Factor.
The Pool Factor (which represents the ratio
of the Invested Amount on the last day
of the month ending on the Record Date
adjusted for Investor Charge-Offs set forth
in B.5.a. above and for the distributions of
principal set forth in A.2 above to the
Initial Invested Amount). The amount of a
Certificateholder's pro rata share of the
Invested Amount can be determined by multi-
plying the original denomination of the
holder's Certificate by the Pool Factor . . 83.33333333%
D. Deficit Controlled Amortization Amount.
1. The Deficit Controlled Amortization Amount
for the preceding Due Period. . . . . . $0.00
FCC NATIONAL BANK,
Servicer
/s/ Michael J. Sheahan
By _______________________________
Title: Vice President
Page 27 of 93
<PAGE>
Exhibit 28F
CERTIFICATEHOLDER'S PAYMENT DATE STATEMENT
FCC NATIONAL BANK
---------------------------------------------------
FIRST CHICAGO MASTER TRUST II
Series 1994-J
January 7, 1997
---------------------------------------------------
Under the Pooling and Servicing Agreement (the "Pooling
and Servicing Agreement") dated as of June 1, 1990 by and between FCC National
Bank, as Seller and Servicer ("FCCNB"), and Norwest Bank Minnesota, National
Association, as Trustee, (the "Trustee"), as amended and supplemented by the
Series 1994-J Supplement dated as of May 1, 1994 by and between FCCNB and the
Trustee, FCCNB, as Servicer, is required to prepare certain information for each
Payment Date regarding current distributions to Certificateholders and the
performance of the First Chicago Master Trust II (the "Trust") during the
previous period. The information which is required to be prepared with respect
to the distribution on the January 15, 1997 Payment Date and with respect to the
performance of the Trust during the Due Period for such Payment Date is set
forth below. Certain of the information is presented on the aggregate amounts
for the Trust as a whole. All capitalized terms used herein shall have the
respective meanings set forth in the Pooling and Servicing Agreement.
A. Information Regarding the Current Distribution
(Stated on the Basis of $1000 Original Principal Amount).
1. The total amount of the distribution to
Series 1994-J Certificateholders on the
Payment Date per $1,000 interest. . . . $4.871
2. The amount of the distribution set forth
in paragraph 1 above in respect of
principal on the Series 1994-J Certificates,
per $1,000 interest . . . . . . . . . . $0.000
3. The amount of the distribution set forth in
paragraph 1 above in respect of interest on
the Series 1994-J Certificates, per $1,000
interest. . . . . . . . . . . . . . . . $4.871
Page 28 of 93
<PAGE>
B. Information Regarding the Performance of the Trust.
1. Collections of Receivables.
a. The aggregate amount of Collections of
Receivables processed for the Due Period
with respect to the current Distribution
Date which were allocated in respect of
the Investor Certificates of all Series. $252,788,017.94
b. The aggregate amount of Collections of
Receivables processed for the Due Period
with respect to the current Distribution
Date which were allocated in respect of
the Series 1994-J Certificates. . . . . $8,255,276.83
c. The amount of Collections of Receivables
processed for the Due Period with respect
to the current Distribution Date which were
allocated in respect of Series 1994-J
Certificates, per $1,000 interest. . . . $16.511
d. Excess Finance Charge Collections allocated
in respect of the Series 1994-J Certificates,
if any. . . . . . . . . . . . . . . . . . $0.00
e. Excess Principal Collections allocated in
respect of the Series 1994-J Certificates,
if any. . . . . . . . . . . . . . . . . . $0.00
2. Receivables in Trust.
a. Aggregate Principal Receivables for the
Due Period with respect to the current
Distribution Date (which reflects the
Principal Receivables represented by the
Exchangeable Seller's Certificate and by
the Investor Certificates of all Series). $15,656,405,810.36
b. The amount of Principal Receivables in
the Trust represented by the Series 1994-J
Certificates (the "Invested Amount") for
the Due Period with respect to the current
Distribution Date . . . . . . . . . . . $500,000,000.00
c. The Invested Percentage with respect to
Finance Charge Receivables (including
Interchange) and Defaulted Receivables for
the Series 1994-J Certificates for the Due
Period with respect to the current
Distribution Date . . . . . . . . . . . 3.194%
d. The Invested Percentage with respect to
Principal Receivables for the Series 1994-J
Certificates for the Due Period with respect
to the current Distribution Date . . . . . 3.194%
Page 29 of 93
<PAGE>
3. Delinquent Balances.
The aggregate amount of outstanding
balances in the Accounts which were 30
or more days delinquent as of the end of
the Due Period for the current Distribution
Date. . . . . . . . . . . . . . . $952,675,623.98
4. Investor Default Amount.
The aggregate amount of all Defaulted
Receivables written off as uncollectible
during the Due Period with respect
to the current Distribution Date
allocable to the Series 1994-J
Certificates (the "Investor Default
Amount"). . . . . . . . . . . . . $3,435,166.31
5. Investor Charge-Offs.
a. The amount of the Investor Charge-Offs
per $1,000 interest after reimbursement
of any such Investor Charge-Offs for the
Due Period with respect to the current
Distribution Date . . . . . . . . . $0.000
b. The amount attributable to Investor Charge-Offs,
if any, by which the principal balance of
the Series 1994-J Certificates exceeds
the Invested Amount as of the end of the
day on the Record Date with respect
to the current Distribution Date. . $0.00
6. Monthly Servicing Fee.
a. The amount of the Monthly Servicing Fee
payable from Available Funds by the
Trust to the Servicer with respect to
the current Distribution Date . . . $312,500.00
b. The amount of the Interchange Monthly
Servicing Fee payable to the Servicer
with respect to the current
Distribution Date . . . . . . . . . $520,833.33
7. Available Cash Collateral Amount.
a. The amount, if any, withdrawn
from the Cash Collateral Account
for the current Distribution Date
(the "Withdrawal Amount") . . . . . $0.00
Page 30 of 93
<PAGE>
b. The amount available to be withdrawn from
the Cash Collateral Account (the "Available
Cash Collateral Amount") as of the end
of the day on the current Distribution
Date, after giving effect to all
withdrawals, deposits and payments to be
made in respect of the preceding Due
Period . . . . . . . . . . . . . . . $65,000,000.00
c. The Available Cash Collateral Amount
as computed in 7.b. as a percentage of the
Invested Amount of the Series 1994-J
Certificates as of such Due Period . . . 13.000%
C. The Pool Factor.
The Pool Factor (which represents the ratio
of the Invested Amount on the last day
of the month ending on the Record Date
adjusted for Investor Charge-Offs set forth
in B.5.a. above and for the distributions of
principal set forth in A.2 above to the
Initial Invested Amount). The amount of a
Certificateholder's pro rata share of the
Invested Amount can be determined by multi-
plying the original denomination of the
holder's Certificate by the Pool Factor . . 100.00000000%
D. Deficit Controlled Amortization Amount.
1. The Deficit Controlled Amortization Amount
for the preceding Due Period. . . . . . $0.00
FCC NATIONAL BANK,
Servicer
By /s/ Michael J. Sheahan
---------------------------
Title: Vice President
Page 31 of 93
<PAGE>
Exhibit 28 G
CERTIFICATEHOLDER'S PAYMENT DATE STATEMENT
FCC NATIONAL BANK
---------------------------------------------------
FIRST CHICAGO MASTER TRUST II
Series 1994-K
January 7, 1997
---------------------------------------------------
Under the Pooling and Servicing Agreement (the "Pooling
and Servicing Agreement") dated as of June 1, 1990 by and between FCC
National Bank, as Seller and Servicer ("FCCNB"), and Norwest Bank
Minnesota, National Association, as Trustee, (the "Trustee"), as
amended and supplemented by the Series 1994-K Supplement dated as of
August 1, 1994 by and between FCCNB and the Trustee, FCCNB, as
Servicer, is required to prepare certain information for each Payment
Date regarding current distributions to Certificateholders and the
performance of the First Chicago Master Trust II (the "Trust") during
the previous period. The information which is required to be prepared
with respect to the distribution on the January 15, 1997 Payment Date
and with respect to the performance of the Trust during the Due Period
for such Payment Date is set forth below. Certain of the information
is presented on the aggregate amounts for the Trust as a whole. All
capitalized terms used herein shall have the respective meanings set
forth in the Pooling and Servicing Agreement.
A. Information Regarding the Current Distribution
(Stated on the Basis of $1000 Original Principal Amount).
1. The total amount of the distribution to
Series 1994-K Certificateholders on the
Payment Date per $1,000 interest. . . . $4.844
2. The amount of the distribution set forth
in paragraph 1 above in respect of
principal on the Series 1994-K Certificates,
per $1,000 interest . . . . . . . . . . $0.000
3. The amount of the distribution set forth in
paragraph 1 above in respect of interest on
the Series 1994-K Certificates, per $1,000
interest. . . . . . . . . . . . . . . . $4.844
Page 32 of 93
<PAGE>
B. Information Regarding the Performance of the Trust.
1. Collections of Receivables.
a. The aggregate amount of Collections of
Receivables processed for the Due Period
with respect to the current Distribution
Date which were allocated in respect of
the Investor Certificates of all Series. $252,788,017.94
b. The aggregate amount of Collections of
Receivables processed for the Due Period
with respect to the current Distribution
Date which were allocated in respect of
the Series 1994-K Certificates. . . . . $8,255,276.83
c. The amount of Collections of Receivables
processed for the Due Period with respect
to the current Distribution Date which were
allocated in respect of Series 1994-K
Certificates, per $1,000 interest. . . . $16.511
d. Excess Finance Charge Collections allocated
in respect of the Series 1994-K Certificates,
if any. . . . . . . . . . . . . . . . . . $0.00
e. Excess Principal Collections allocated in
respect of the Series 1994-K Certificates,
if any. . . . . . . . . . . . . . . . . . $0.00
2. Receivables in Trust.
a. Aggregate Principal Receivables for the
Due Period with respect to the current
Distribution Date (which reflects the
Principal Receivables represented by the
Exchangeable Seller's Certificate and by
the Investor Certificates of all Series). $15,656,405,810.36
b. The amount of Principal Receivables in
the Trust represented by the Series 1994-K
Certificates (the "Invested Amount") for
the Due Period with respect to the current
Distribution Date . . . . . . . . . . . $500,000,000.00
c. The Invested Percentage with respect to
Finance Charge Receivables (including
Interchange) and Defaulted Receivables for
the Series 1994-K Certificates for the Due
Period with respect to the current
Distribution Date . . . . . . . . . . . 3.194%
d. The Invested Percentage with respect to
Principal Receivables for the Series 1994-K
Certificates for the Due Period with respect
to the current Distribution Date . . . . . 3.194%
Page 33 of 93
<PAGE>
3. Delinquent Balances.
The aggregate amount of outstanding
balances in the Accounts which were 30
or more days delinquent as of the end of
the Due Period for the current Distribution
Date. . . . . . . . . . . . . . . $952,675,623.98
4. Investor Default Amount.
The aggregate amount of all Defaulted
Receivables written off as uncollectible
during the Due Period with respect
to the current Distribution Date
allocable to the Series 1994-K
Certificates (the "Investor Default
Amount"). . . . . . . . . . . . . $3,435,166.31
5. Investor Charge-Offs.
a. The amount of the Investor Charge-Offs
per $1,000 interest after reimbursement
of any such Investor Charge-Offs for the
Due Period with respect to the current
Distribution Date . . . . . . . . . $0.000
b. The amount attributable to Investor Charge-Offs,
if any, by which the principal balance of
the Series 1994-K Certificates exceeds
the Invested Amount as of the end of the
day on the Record Date with respect
to the current Distribution Date. . $0.00
6. Monthly Servicing Fee.
a. The amount of the Monthly Servicing Fee
payable from Available Funds by the
Trust to the Servicer with respect to
the current Distribution Date . . . $312,500.00
b. The amount of the Interchange Monthly
Servicing Fee payable to the Servicer
with respect to the current
Distribution Date . . . . . . . . . $520,833.33
7. Available Cash Collateral Amount.
a. The amount, if any, withdrawn
from the Cash Collateral Account
for the current Distribution Date
(the "Withdrawal Amount") . . . . . $0.00
Page 34 of 93
<PAGE>
b. The amount available to be withdrawn from
the Cash Collateral Account (the "Available
Cash Collateral Amount") as of the end
of the day on the current Distribution
Date, after giving effect to all
withdrawals, deposits and payments to be
made in respect of the preceding Due
Period . . . . . . . . . . . . . . . $72,500,000.00
c. The Available Cash Collateral Amount
as computed in 7.b. as a percentage of the
Invested Amount of the Series 1994-K
Certificates as of such Due Period . . . 14.500%
C. The Pool Factor.
The Pool Factor (which represents the ratio
of the Invested Amount on the last day
of the month ending on the Record Date
adjusted for Investor Charge-Offs set forth
in B.5.a. above and for the distributions of
principal set forth in A.2 above to the
Initial Invested Amount). The amount of a
Certificateholder's pro rata share of the
Invested Amount can be determined by multi-
plying the original denomination of the
holder's Certificate by the Pool Factor . . 100.00000000%
D. Deficit Controlled Amortization Amount.
1. The Deficit Controlled Amortization Amount
for the preceding Due Period. . . . . . $0.00
FCC NATIONAL BANK,
Servicer
By /s/ Michael J. Sheahan
----------------------
Title: Vice President
Page 35 of 93
<PAGE>
Exhibit 28H
CERTIFICATEHOLDER'S PAYMENT DATE STATEMENT
FCC NATIONAL BANK
---------------------------------------------------
FIRST CHICAGO MASTER TRUST II
Series 1994-L
January 7, 1997
---------------------------------------------------
Under the Pooling and Servicing Agreement (the "Pooling
and Servicing Agreement") dated as of June 1, 1990 by and between
FCC National Bank, as Seller and Servicer ("FCCNB"), and Norwest
Bank Minnesota, National Association, as Trustee, (the "Trustee"),
as amended and supplemented by the Series 1994-L Supplement dated
as of August 1, 1994 by and between FCCNB and the Trustee, FCCNB,
as Servicer, is required to prepare certain information for each
Payment Date regarding current distributions to Certificateholders
and the performance of the First Chicago Master Trust II (the
"Trust") during the previous period. The information which is
required to be prepared with respect to the distribution on the
January 15, 1997 Payment Date and with respect to the performance
of the Trust during the Due Period for such Payment Date is set
forth below. Certain of the information is presented on the
aggregate amounts for the Trust as a whole. All capitalized terms
used herein shall have the respective meanings set forth in the
Pooling and Servicing Agreement.
A. Information Regarding the Current Distribution
(Stated on the Basis of $1000 Original Principal Amount).
1. The total amount of the distribution to
Series 1994-L Certificateholders on the
Payment Date per $1,000 interest. . . . $5.958
2. The amount of the distribution set forth
in paragraph 1 above in respect of
principal on the Series 1994-L Certificates,
per $1,000 interest . . . . . . . . . . $0.000
3. The amount of the distribution set forth in
paragraph 1 above in respect of interest on
the Series 1994-L Certificates, per $1,000
interest. . . . . . . . . . . . . . . . $5.958
Page 36 of 93
<PAGE>
B. Information Regarding the Performance of the Trust.
1. Collections of Receivables.
a. The aggregate amount of Collections of
Receivables processed for the Due Period
with respect to the current Distribution
Date which were allocated in respect of
the Investor Certificates of all Series. $252,788,017.94
b. The aggregate amount of Collections of
Receivables processed for the Due Period
with respect to the current Distribution
Date which were allocated in respect of
the Series 1994-L Certificates. . . . . $8,255,276.83
c. The amount of Collections of Receivables
processed for the Due Period with respect
to the current Distribution Date which were
allocated in respect of Series 1994-L
Certificates, per $1,000 interest. . . . $16.511
d. Excess Finance Charge Collections allocated
in respect of the Series 1994-L Certificates,
if any. . . . . . . . . . . . . . . . . . $0.00
e. Excess Principal Collections allocated in
respect of the Series 1994-L Certificates,
if any. . . . . . . . . . . . . . . . . . $0.00
2. Receivables in Trust.
a. Aggregate Principal Receivables for the
Due Period with respect to the current
Distribution Date (which reflects the
Principal Receivables represented by the
Exchangeable Seller's Certificate and by
the Investor Certificates of all Series). $15,656,405,810.36
b. The amount of Principal Receivables in
the Trust represented by the Series 1994-L
Certificates (the "Invested Amount") for
the Due Period with respect to the current
Distribution Date . . . . . . . . . . . $500,000,000.00
c. The Invested Percentage with respect to
Finance Charge Receivables (including
Interchange) and Defaulted Receivables for
the Series 1994-L Certificates for the Due
Period with respect to the current
Distribution Date . . . . . . . . . . . 3.194%
d. The Invested Percentage with respect to
Principal Receivables for the Series 1994-L
Certificates for the Due Period with respect
to the current Distribution Date . . . . . 3.194%
Page 37 of 93
<PAGE>
3. Delinquent Balances.
The aggregate amount of outstanding
balances in the Accounts which were 30
or more days delinquent as of the end of
the Due Period for the current Distribution
Date. . . . . . . . . . . . . . . $952,675,623.98
4. Investor Default Amount.
The aggregate amount of all Defaulted
Receivables written off as uncollectible
during the Due Period with respect
to the current Distribution Date
allocable to the Series 1994-L
Certificates (the "Investor Default
Amount"). . . . . . . . . . . . . $3,435,166.31
5. Investor Charge-Offs.
a. The amount of the Investor Charge-Offs
per $1,000 interest after reimbursement
of any such Investor Charge-Offs for the
Due Period with respect to the current
Distribution Date . . . . . . . . . $0.000
b. The amount attributable to Investor Charge-Offs,
if any, by which the principal balance of
the Series 1994-L Certificates exceeds
the Invested Amount as of the end of the
day on the Record Date with respect
to the current Distribution Date. . $0.00
6. Monthly Servicing Fee.
a. The amount of the Monthly Servicing Fee
payable from Available Funds by the
Trust to the Servicer with respect to
the current Distribution Date . . . $312,500.00
b. The amount of the Interchange Monthly
Servicing Fee payable to the Servicer
with respect to the current
Distribution Date . . . . . . . . . $520,833.33
7. Available Cash Collateral Amount.
a. The amount, if any, withdrawn
from the Cash Collateral Account
for the current Distribution Date
(the "Withdrawal Amount") . . . . . $0.00
Page 38 of 93
<PAGE>
b. The amount available to be withdrawn from
the Cash Collateral Account (the "Available
Cash Collateral Amount") as of the end
of the day on the current Distribution
Date, after giving effect to all
withdrawals, deposits and payments to be
made in respect of the preceding Due
Period . . . . . . . . . . . . . . . $57,500,000.00
c. The Available Cash Collateral Amount
as computed in 7.b. as a percentage of the
Invested Amount of the Series 1994-L
Certificates as of such Due Period . . . 11.500%
C. The Pool Factor.
The Pool Factor (which represents the ratio
of the Invested Amount on the last day
of the month ending on the Record Date
adjusted for Investor Charge-Offs set forth
in B.5.a. above and for the distributions of
principal set forth in A.2 above to the
Initial Invested Amount). The amount of a
Certificateholder's pro rata share of the
Invested Amount can be determined by
multiplying the original denomination of the
holder's Certificate by the Pool Factor . . . 100.00000000%
D. Deficit Controlled Amortization Amount.
1. The Deficit Controlled Amortization Amount
for the preceding Due Period. . . . . . $0.00
FCC NATIONAL BANK,
Servicer
By /s/ Michael J. Sheahan
_______________________________
Title: Vice President
Page 39 of 93
<PAGE>
Exhibit 28I
CERTIFICATEHOLDERS' PAYMENT DATE STATEMENT
FCC NATIONAL BANK
---------------------------------------------------
FIRST CHICAGO MASTER TRUST II
Series 1995-M
January 7, 1997
---------------------------------------------------
Under the Pooling and Servicing Agreement (the "Pooling
and Servicing Agreement") dated as of June 1, 1990 by and between
FCC National Bank, as Seller and Servicer ("FCCNB"), and Norwest
Bank Minnesota, National Association, as Trustee, (the "Trustee"),
as amended and supplemented by the Series 1995-M Supplement dated
as of April 1, 1995 by and between FCCNB and the Trustee, FCCNB,
as Servicer, is required to prepare certain information for each
Payment Date regarding current distributions to Class A Certificate-
holders and the performance of the First Chicago Master Trust II (the
"Trust") during the previous period. The information which is
required to be prepared with respect to the distribution on the
January 15, 1997 Payment Date and with respect to the performance
of the Trust during the Due Period for such Payment Date is set
forth below. Certain of the information is presented on the
aggregate amounts for the Trust as a whole. All capitalized terms
used herein shall have the respective meanings set forth in the
Pooling and Servicing Agreement.
A. Information Regarding the Current Distribution
(Stated on the Basis of $1000 Original Principal Amount).
1. The total amount of the distribution to
Class A Certificateholders on the
Payment Date per $1,000 interest.............. $4.871
2. The amount of the distribution set forth
in paragraph 1 above in respect of
principal on the Class A Certificates,
per $1,000 interest........................... $0.000
3. The amount of the distribution set forth in
paragraph 1 above in respect of interest on
the Class A Certificates, per $1,000
interest...................................... $4.871
Page 40 of 93
<PAGE>
B. Information Regarding the Performance of the Trust.
1. Collections of Receivables.
a. The aggregate amount of Collections of
Receivables processed for the Due Period
with respect to the current Distribution
Date which were allocated in respect of
the Investor Certificates of all Series............... $252,788,017.94
b. The aggregate amount of Collections of
Receivables processed for the Due Period
with respect to the current Distribution
Date which were allocated in respect of
the Series 1995-M Certificates. ...................... $9,434,602.09
c. The aggregate amount of Collections
of Receivables processed for the Due
Period with respect to the current
Distribution Date which were allocated
in respect of the Class A Certificates................ $8,255,276.82
d. The amount of Collections of Receivables
processed for the Due Period with respect
to the current Distribution Date which were
allocated in respect of Class A
Certificates, per $1,000 interest..................... $16.511
e. The amount of Excess Spread for the Due
Period with respect to the current
Distribution Date..................................... $3,206,680.42
f. The amount of Reallocated Principal
Collections for the Due Period with
respect to the current Distribution
Date allocated in respect of the
Class A Certificates.................................. $0.00
g. The amount of Excess Finance Charge
Collections allocated in respect of the
Series 1995-M Certificates, if any.................... $0.00
h. The amount of Excess Principal Collections
allocated in respect of the
Series 1995-M Certificates, if any.................... $0.00
2. Receivables in Trust.
a. Aggregate Principal Receivables for the
Due Period with respect to the current
Distribution Date (which reflects the
Principal Receivables represented by the
Exchangeable Seller's Certificate and by
the Investor Certificates of all Series).......... $15,656,405,810.36
Page 41 of 93
<PAGE>
b. The amount of Principal Receivables in
the Trust represented by the Series 1995-M
Certificates (the "Invested Amount") for
the Due Period with respect to the current
Distribution Date............................. $571,428,572.00
c. The amount of Principal Receivables
in the Trust represented by the Class A
Certificates (the "Class A Invested Amount")
for the Due Period with respect to the
current Distribution Date..................... $500,000,000.00
d. The Invested Percentage with respect to
Finance Charge Receivables (including
Interchange) and Defaulted Receivables for
the Series 1995-M Certificates for the Due
Period with respect to the current
Distribution Date............................. 3.650%
e. The Invested Percentage with respect to
Principal Receivables for the Series 1995-M
Certificates for the Due Period with respect
to the current Distribution Date.............. 3.650%
f. The Class A Floating Percentage for the
Due Period with respect to the current
Distribution Date............................. 87.500%
g. The Class A Principal Percentage for the
Due Period with respect to the current
Distribution Date............................. 87.500%
h. The Collateral Floating Percentage for the
Due Period with respect to the current
Distribution Date............................. 12.500%
i. The Collateral Principal Percentage for the
Due Period with respect to the current
Distribution Date............................. 12.500%
3. Delinquent Balances.
The aggregate amount of outstanding
balances in the Accounts which were 30
or more days delinquent as of the end of
the Due Period for the current Distribution
Date.......................................... $952,675,623.98
Page 42 of 93
<PAGE>
4. Investor Default Amount.
a. The aggregate amount of all Defaulted
Receivables written off as uncollectible
during the Due Period with respect
to the current Distribution Date
allocable to the Series 1995-M
Certificates (the "Investor Default
Amount"). ...................................... $3,925,904.36
b. The Class A Investor Default Amount............. $3,435,166.31
c. The Collateral Investor Default Amount.......... $490,738.05
5. Investor Charge-Offs.
a. The amount of the Class A Investor
Charge-Offs per $1,000 interest after
reimbursement of any such Class A
Investor Charge-Offs for the Due Period
with respect to the current Distribution
Date............................................ $0.00
b. The amount attributable to Class A
Investor Charge-Offs, if any, by which
the principal balance of the
Class A Certificates exceeds the
Class A Invested Amount as of the end
of the day on the Record Date with
respect to the current Distribution
Date............................................ $0.00
c. The amount of the Collateral Charge-
Offs, if any, for the Due Period with
respect to the current Distribution
Date............................................ $0.00
6. Monthly Servicing Fee.
a. The amount of the Monthly Servicing Fee
payable by the Trust to the Servicer
with respect to the current Distribution
Date............................................ $357,142.86
b. The amount of the Interchange Monthly
Servicing Fee payable to the Servicer
with respect to the current Distribution
Date............................................ $595,238.10
Page 43 of 93
<PAGE>
7. Available Cash Collateral Amount.
a. The amount, if any, withdrawn
from the Cash Collateral Account
for the current Distribution Date
(the "Withdrawal Amount") . . . . . $0.00
b. The amount available to be withdrawn from
the Cash Collateral Account as of the
end of the day on the current Distribution
Date, after giving effect to all
withdrawals, deposits and payments to be
made on such Distribution Date (the
"Available Cash Collateral Amount" for
the next Distribution Date) . . . . . $5,714,286.00
c. The amount as computed in 7.b as a
percentage of the Class A Invested
Amount after giving effect to all
reductions thereof on the current
Distribution Date . . . . . . . . . . 1.143%
8. Collateral Invested Amount.
a. The Collateral Invested Amount for the
current Distribution Date . . . . . . $71,428,572.00
b. The Collateral Invested Amount after
giving effect to all withdrawals,
deposits and payments on the current
Distribution Date . . . . . . . . . . $71,428,572.00
9. Total Enhancement.
a. The total Enhancement for the current
Distribution Date . . . . . . . . . . $77,142,858.00
b. The total Enhancement after giving
effect to all withdrawals, deposits
and payments on the current
Distribution Date . . . . . . . . . . $77,142,858.00
Page 44 of 93
<PAGE>
C. The Pool Factor.
The Pool Factor (which represents the ratio
of the Class A Invested Amount on the last day
of the month ending on the Record Date
adjusted for Class A Investor Charge-Offs set
forth in B.5.a. above and for the distributions
of principal set forth in A.2 above to the
Class A Initial Invested Amount). The amount
of a Class A Certificateholder's pro rata share
of the Class A Invested Amount can be determined
by multiplying the original denomination of the
holder's Class A Certificate by the Pool
Factor . . . . . . . . . . . . . . . 100.00000000%
D. Deficit Controlled Amortization Amount.
1. The Deficit Controlled Amortization Amount
for the preceding Due Period. . . . . . $0.00
FCC NATIONAL BANK,
Servicer
By /s/ Michael J. Sheahan
----------------------
Title: Vice President
Page 45 of 93
<PAGE>
Exhibit 28J
CERTIFICATEHOLDERS' PAYMENT DATE STATEMENT
FCC NATIONAL BANK
---------------------------------------------------
FIRST CHICAGO MASTER TRUST II
Series 1995-N
January 7, 1997
---------------------------------------------------
Under the Pooling and Servicing Agreement (the "Pooling
and Servicing Agreement") dated as of June 1, 1990 by and between
FCC National Bank, as Seller and Servicer ("FCCNB"), and Norwest
Bank Minnesota, National Association, as Trustee, (the "Trustee"),
as amended and supplemented by the Series 1995-N Supplement dated
as of April 1, 1995 by and between FCCNB and the Trustee, FCCNB,
as Servicer, is required to prepare certain information for each
Payment Date regarding current distributions to Class A Certificate-
holders and the performance of the First Chicago Master Trust II (the
"Trust") during the previous period. The information which is
required to be prepared with respect to the distribution on the
January 15, 1997 Payment Date and with respect to the performance
of the Trust during the Due Period for such Payment Date is set
forth below. Certain of the information is presented on the
aggregate amounts for the Trust as a whole. All capitalized terms
used herein shall have the respective meanings set forth in the
Pooling and Servicing Agreement.
A. Information Regarding the Current Distribution
(Stated on the Basis of $1000 Original Principal Amount).
1. The total amount of the distribution to
Class A Certificateholders on the
Payment Date per $1,000 interest. . . . $4.805
2. The amount of the distribution set forth
in paragraph 1 above in respect of
principal on the Class A Certificates,
per $1,000 interest . . . . . . . . . . $0.000
3. The amount of the distribution set forth in
paragraph 1 above in respect of interest on
the Class A Certificates, per $1,000
interest. . . . . . . . . . . . . . . . $4.805
Page 46 of 93
<PAGE>
B. Information Regarding the Performance of the Trust.
1. Collections of Receivables.
a. The aggregate amount of Collections of
Receivables processed for the Due Period with
respect to the current Distribution Date which
were allocated in respect of the Investor
Certificates of all Series ....................... $252,788,017.94
b. The aggregate amount of Collections of
Receivables processed for the Due Period with
respect to the current Distribution Date which
were allocated in respect of the Series 1995-N
Certificates ..................................... $9,434,602.09
c. The aggregate amount of Collections of
Receivables processed for the Due Period with
respect to the current Distribution Date which
were allocated in respect of the Class A
Certificates ..................................... $8,255,276.82
d. The amount of Collections of Receivables
processed for the Due Period with respect to the
current Distribution Date which were allocated
in respect of Class A Certificates, per $1,000
interest ......................................... $16.511
e. The amount of Excess Spread for the Due Period
with respect to the current Distribution Date .... $3,240,013.75
f. The amount of Reallocated Principal Collections
for the Due Period with respect to the current
Distribution Date allocated in respect of the
Class A Certificates ............................. $0.00
g. The amount of Excess Finance Charge Collections
allocated in respect of the Series 1995-N
Certificates, if any ............................. $0.00
h. The amount of Excess Principal Collections
allocated in respect of the Series 1995-N
Certificates, if any ............................. $0.00
2. Receivables in Trust.
a. Aggregate Principal Receivables for the Due
Period with respect to the current Distribution
Date (which reflects the Principal Receivables
represented by the Exchangeable Seller's
Certificate and by the Investor Certificates of
all Series) ...................................... $15,656,405,810.36
Page 47 of 93
<PAGE>
b. The amount of Principal Receivables in the Trust
represented by the Series 1995-N Certificates
(the "Invested Amount") for the Due Period with
respect to the current Distribution Date ......... $571,428,572.00
c. The amount of Principal Receivables in the Trust
represented by the Class A Certificates (the
"Class A Invested Amount") for the Due Period
with respect to the current Distribution Date .... $500,000,000.00
d. The Invested Percentage with respect to Finance
Charge Receivables (including Interchange) and
Defaulted Receivables for the Series 1995-N
Certificates for the Due Period with respect to
the current Distribution Date .................... 3.650%
e. The Invested Percentage with respect to Principal
Receivables for the Series 1995-N Certificates
for the Due Period with respect to the current
Distribution Date ................................ 3.650%
f. The Class A Floating Percentage for the Due
Period with respect to the current Distribution
Date ............................................. 87.500%
g. The Class A Principal Percentage for the Due
Period with respect to the current Distribution
Date ............................................. 87.500%
h. The Collateral Floating Percentage for the Due
Period with respect to the current Distribution
Date ............................................. 12.500%
i. The Collateral Principal Percentage for the Due
Period with respect to the current Distribution
Date ............................................. 12.500%
3. Delinquent Balances.
The aggregate amount of outstanding balances in
the Accounts which were 30 or more days
delinquent as of the end of the Due Period for
the current Distribution Date .................... $952,675,623.98
Page 48 of 93
<PAGE>
4. Investor Default Amount.
a. The aggregate amount of all Defaulted Receivables
written off as uncollectible during the Due
Period with respect to the current Distribution
Date allocable to the Series 1995-N Certificates
(the "Investor Default Amount") .................. $3,925,904.36
b. The Class A Investor Default Amount .............. $3,435,166.31
c. The Collateral Investor Default Amount ........... $490,738.05
5. Investor Charge-Offs.
a. The amount of the Class A Investor Charge-Offs
per $1,000 interest after reimbursement of any
such Class A Investor Charge-Offs for the Due
Period with respect to the current Distribution
Date ............................................. $0.00
b. The amount attributable to Class A Investor
Charge-Offs, if any, by which the principal
balance of the Class A Certificates exceeds the
Class A Invested Amount as of the end of the day
on the Record Date with respect to the current
Distribution Date ................................ $0.00
c. The amount of the Collateral Charge-Offs, if any,
for the Due Period with respect to the current
Distribution Date ................................ $0.00
6. Monthly Servicing Fee.
a. The amount of the Monthly Servicing Fee payable
by the Trust to the Servicer with respect to the
current Distribution Date ........................ $357,142.86
b. The amount of the Interchange Monthly Servicing
Fee payable to the Servicer with respect to the
current Distribution Date ........................ $595,238.10
Page 49 of 93
<PAGE>
7. Available Cash Collateral Amount.
a. The amount, if any, withdrawn
from the Cash Collateral Account
for the current Distribution Date
(the "Withdrawal Amount") . . . . . $0.00
b. The amount available to be withdrawn from
the Cash Collateral Account as of the
end of the day on the current Distribution
Date, after giving effect to all
withdrawals, deposits and payments to be
made on such Distribution Date (the
"Available Cash Collateral Amount" for
the next Distribution Date) . . . . . $5,714,286.00
c. The amount as computed in 7.b as a
percentage of the Class A Invested
Amount after giving effect to all
reductions thereof on the current
Distribution Date . . . . . . . . . . 1.143%
8. Collateral Invested Amount.
a. The Collateral Invested Amount for the
current Distribution Date . . . . . . $71,428,572.00
b. The Collateral Invested Amount after
giving effect to all withdrawals,
deposits and payments on the current
Distribution Date . . . . . . . . . . $71,428,572.00
9. Total Enhancement.
a. The total Enhancement for the current
Distribution Date . . . . . . . . . . $77,142,858.00
b. The total Enhancement after giving
effect to all withdrawals, deposits
and payments on the current
Distribution Date . . . . . . . . . . $77,142,858.00
Page 50 of 93
<PAGE>
C. The Pool Factor.
The Pool Factor (which represents the ratio
of the Class A Invested Amount on the last day
of the month ending on the Record Date
adjusted for Class A Investor Charge-Offs set
forth in B.5.a. above and for the distributions
of principal set forth in A.2 above to the
Class A Initial Invested Amount). The amount
of a Class A Certificateholder's pro rata share
of the Class A Invested Amount can be determined
by multiplying the original denomination of the
holder's Class A Certificate by the Pool
Factor . . . . . . . . . . . . . . . 100.00000000%
D. Deficit Controlled Amortization Amount.
1. The Deficit Controlled Amortization Amount
for the preceding Due Period. . . . . . $0.00
FCC NATIONAL BANK,
Servicer
By /s/ Michael J. Sheahan
----------------------
Title: Vice President
Page 51 of 93
<PAGE>
Exhibit 28K
CERTIFICATEHOLDERS' PAYMENT DATE STATEMENT
FCC NATIONAL BANK
---------------------------------------------------
FIRST CHICAGO MASTER TRUST II
Series 1995-O
January 7, 1997
---------------------------------------------------
Under the Pooling and Servicing Agreement (the "Pooling
and Servicing Agreement") dated as of June 1, 1990 by and between
FCC National Bank, as Seller and Servicer ("FCCNB"), and Norwest
Bank Minnesota, National Association, as Trustee, (the "Trustee"),
as amended and supplemented by the Series 1995-O Supplement dated
as of June 1, 1995 by and between FCCNB and the Trustee, FCCNB,
as Servicer, is required to prepare certain information for each
Payment Date regarding current distributions to Class A Certificate-
holders and the performance of the First Chicago Master Trust II (the
"Trust") during the previous period. The information which is
required to be prepared with respect to the distribution on the
January 15, 1997 Payment Date and with respect to the performance
of the Trust during the Due Period for such Payment Date is set
forth below. Certain of the information is presented on the
aggregate amounts for the Trust as a whole. All capitalized terms
used herein shall have the respective meanings set forth in the
Pooling and Servicing Agreement.
A. Information Regarding the Current Distribution
(Stated on the Basis of $1000 Original Principal Amount).
1. The total amount of the distribution to
Class A Certificateholders on the
Payment Date per $1,000 interest. . . . $4.863
2. The amount of the distribution set forth
in paragraph 1 above in respect of
principal on the Class A Certificates,
per $1,000 interest . . . . . . . . . . $0.000
3. The amount of the distribution set forth in
paragraph 1 above in respect of interest on
the Class A Certificates, per $1,000
interest. . . . . . . . . . . . . . . . $4.863
Page 52 of 93
<PAGE>
B. Information Regarding the Performance of the Trust.
1. Collections of Receivables.
a. The aggregate amount of Collections of
Receivables processed for the Due Period
with respect to the current Distribution
Date which were allocated in respect of
the Investor Certificates of all Series. $252,788,017.94
b. The aggregate amount of Collections of
Receivables processed for the Due Period
with respect to the current Distribution
Date which were allocated in respect of
the Series 1995-O Certificates. . . . . $9,434,602.09
c. The aggregate amount of Collections
of Receivables processed for the Due
Period with respect to the current
Distribution Date which were allocated
in respect of the Class A Certificates . . . $8,255,276.82
d. The amount of Collections of Receivables
processed for the Due Period with respect
to the current Distribution Date which were
allocated in respect of Class A
Certificates, per $1,000 interest. . . . $16.511
e. The amount of Excess Spread for the Due
Period with respect to the current
Distribution Date. . . . . . . . . . . . $3,210,847.09
f. The amount of Reallocated Principal
Collections for the Due Period with
respect to the current Distribution
Date allocated in respect of the
Class A Certificates . . . . . . . . . . $0.00
g. The amount of Excess Finance Charge
Collections allocated in respect of the
Series 1995-O Certificates, if any . . . $0.00
h. The amount of Excess Principal Collections
allocated in respect of the
Series 1995-O Certificates, if any . . . $0.00
2. Receivables in Trust.
a. Aggregate Principal Receivables for the
Due Period with respect to the current
Distribution Date (which reflects the
Principal Receivables represented by the
Exchangeable Seller's Certificate and by
the Investor Certificates of all Series). $15,656,405,810.36
Page 53 of 93
<PAGE>
b. The amount of Principal Receivables in
the Trust represented by the Series 1995-O
Certificates (the "Invested Amount") for
the Due Period with respect to the current
Distribution Date . . . . . . . . . . . $571,428,572.00
c. The amount of Principal Receivables
in the Trust represented by the Class A
Certificates (the "Class A Invested Amount")
for the Due Period with respect to the
current Distribution Date . . . . . . . $500,000,000.00
d. The Invested Percentage with respect to
Finance Charge Receivables (including
Interchange) and Defaulted Receivables for
the Series 1995-O Certificates for the Due
Period with respect to the current
Distribution Date . . . . . . . . . . . 3.650%
e. The Invested Percentage with respect to
Principal Receivables for the Series 1995-O
Certificates for the Due Period with respect
to the current Distribution Date. . . . 3.650%
f. The Class A Floating Percentage for the
Due Period with respect to the current
Distribution Date . . . . . . . . . . . 87.500%
g. The Class A Principal Percentage for the
Due Period with respect to the current
Distribution Date . . . . . . . . . . . 87.500%
h. The Collateral Floating Percentage for the
Due Period with respect to the current
Distribution Date . . . . . . . . . . . 12.500%
i. The Collateral Principal Percentage for the
Due Period with respect to the current
Distribution Date . . . . . . . . . . . 12.500%
3. Delinquent Balances.
The aggregate amount of outstanding
balances in the Accounts which were 30
or more days delinquent as of the end of
the Due Period for the current Distribution
Date. . . . . . . . . . . . . . . . . . $952,675,623.98
Page 54 of 93
<PAGE>
4. Investor Default Amount.
a. The aggregate amount of all Defaulted
Receivables written off as uncollectible
during the Due Period with respect
to the current Distribution Date
allocable to the Series 1995-O
Certificates (the "Investor Default
Amount"). . . . . . . . . . . . . . . . $3,925,904.36
b. The Class A Investor Default Amount. . $3,435,166.31
c. The Collateral Investor Default Amount. $490,738.05
5. Investor Charge-Offs.
a. The amount of the Class A Investor
Charge-Offs per $1,000 interest after
reimbursement of any such Class A
Investor Charge-Offs for the Due Period
with respect to the current Distribution
Date . . . . . . . . . . . . . . . . . $0.00
b. The amount attributable to Class A
Investor Charge-Offs, if any, by which
the principal balance of the
Class A Certificates exceeds the
Class A Invested Amount as of the end
of the day on the Record Date with
respect to the current Distribution
Date. . . . . . . . . . . . . . . . . . $0.00
c. The amount of the Collateral Charge-
Offs, if any, for the Due Period with
respect to the current Distribution
Date . . . . . . . . . . . . . . . . . $0.00
6. Monthly Servicing Fee.
a. The amount of the Monthly Servicing Fee
payable by the Trust to the Servicer
with respect to the current Distribution
Date . . . . . . . . . . . . . . . . . $357,142.86
b. The amount of the Interchange Monthly
Servicing Fee payable to the Servicer
with respect to the current Distribution
Date . . . . . . . . . . . . . . . . . $595,238.10
Page 55 of 93
<PAGE>
7. Available Cash Collateral Amount.
a. The amount, if any, withdrawn
from the Cash Collateral Account
for the current Distribution Date
(the "Withdrawal Amount") . . . . . $0.00
b. The amount available to be withdrawn from
the Cash Collateral Account as of the
end of the day on the current Distribution
Date, after giving effect to all
withdrawals, deposits and payments to be
made on such Distribution Date (the
"Available Cash Collateral Amount" for
the next Distribution Date) . . . . . $5,714,286.00
c. The amount as computed in 7.b as a
percentage of the Class A Invested
Amount after giving effect to all
reductions thereof on the current
Distribution Date . . . . . . . . . . 1.143%
8. Collateral Invested Amount.
a. The Collateral Invested Amount for the
current Distribution Date . . . . . . $71,428,572.00
b. The Collateral Invested Amount after
giving effect to all withdrawals,
deposits and payments on the current
Distribution Date . . . . . . . . . . $71,428,572.00
9. Total Enhancement.
a. The total Enhancement for the current
Distribution Date . . . . . . . . . . $77,142,858.00
b. The total Enhancement after giving
effect to all withdrawals, deposits
and payments on the current
Distribution Date . . . . . . . . . . $77,142,858.00
Page 56 of 93
<PAGE>
C. The Pool Factor.
The Pool Factor (which represents the ratio
of the Class A Invested Amount on the last day
of the month ending on the Record Date
adjusted for Class A Investor Charge-Offs set
forth in B.5.a. above and for the distributions
of principal set forth in A.2 above to the
Class A Initial Invested Amount). The amount
of a Class A Certificateholder's pro rata share
of the Class A Invested Amount can be determined
by multiplying the original denomination of the
holder's Class A Certificate by the Pool
Factor . . . . . . . . . . . . . . . 100.00000000%
D. Deficit Controlled Amortization Amount.
1. The Deficit Controlled Amortization Amount
for the preceding Due Period. . . . . . $0.00
FCC NATIONAL BANK,
Servicer
By /s/ Michael J. Sheahan
----------------------
Title: Vice President
Page 57 of 93
<PAGE>
Exhibit 28L
CERTIFICATEHOLDERS' PAYMENT DATE STATEMENT
FCC NATIONAL BANK
---------------------------------------------------
FIRST CHICAGO MASTER TRUST II
Series 1995-P
January 7, 1997
---------------------------------------------------
Under the Pooling and Servicing Agreement (the "Pooling and Servicing
Agreement") dated as of June 1, 1990 by and between FCC National Bank, as Seller
and Servicer ("FCCNB"), and Norwest Bank Minnesota, National Association, as
Trustee, (the "Trustee"), as amended and supplemented by the Series 1995-P
Supplement dated as of June 1, 1995 by and between FCCNB and the Trustee, FCCNB,
as Servicer, is required to prepare certain information for each Payment Date
regarding current distributions to Class A Certificateholders and the
performance of the First Chicago Master Trust II (the "Trust") during the
previous period. The information which is required to be prepared with respect
to the distribution on the January 15, 1997 Payment Date and with respect to the
performance of the Trust during the Due Period for such Payment Date is set
forth below. Certain of the information is presented on the aggregate amounts
for the Trust as a whole. All capitalized terms used herein shall have the
respective meanings set forth in the Pooling and Servicing Agreement.
A. Information Regarding the Current Distribution
(Stated on the Basis of $1000 Original Principal Amount).
1. The total amount of the distribution to
Class A Certificateholders on the
Payment Date per $1,000 interest. . . . $4.821
2. The amount of the distribution set forth
in paragraph 1 above in respect of
principal on the Class A Certificates,
per $1,000 interest . . . . . . . . . . $0.000
3. The amount of the distribution set forth in
paragraph 1 above in respect of interest on
the Class A Certificates, per $1,000
interest. . . . . . . . . . . . . . . . $4.821
Page 58 of 93
<PAGE>
B. Information Regarding the Performance of the Trust.
1. Collections of Receivables.
a. The aggregate amount of Collections of
Receivables processed for the Due Period
with respect to the current Distribution
Date which were allocated in respect of
the Investor Certificates of all Series. $252,788,017.94
b. The aggregate amount of Collections of
Receivables processed for the Due Period
with respect to the current Distribution
Date which were allocated in respect of
the Series 1995-P Certificates. . . . . $9,434,602.09
c. The aggregate amount of Collections
of Receivables processed for the Due
Period with respect to the current
Distribution Date which were allocated
in respect of the Class A Certificates . . . $8,255,276.82
d. The amount of Collections of Receivables
processed for the Due Period with respect
to the current Distribution Date which were
allocated in respect of Class A
Certificates, per $1,000 interest. . . . $16.511
e. The amount of Excess Spread for the Due
Period with respect to the current
Distribution Date. . . . . . . . . . . . $3,231,680.42
f. The amount of Reallocated Principal
Collections for the Due Period with
respect to the current Distribution
Date allocated in respect of the
Class A Certificates . . . . . . . . . . $0.00
g. The amount of Excess Finance Charge
Collections allocated in respect of the
Series 1995-P Certificates, if any . . . $0.00
h. The amount of Excess Principal Collections
allocated in respect of the
Series 1995-P Certificates, if any . . . $0.00
2. Receivables in Trust.
a. Aggregate Principal Receivables for the
Due Period with respect to the current
Distribution Date (which reflects the
Principal Receivables represented by the
Exchangeable Seller's Certificate and by
the Investor Certificates of all Series). $15,656,405,810.36
Page 59 of 93
<PAGE>
b. The amount of Principal Receivables in
the Trust represented by the Series 1995-P
Certificates (the "Invested Amount") for
the Due Period with respect to the current
Distribution Date . . . . . . . . . . . $571,428,572.00
c. The amount of Principal Receivables
in the Trust represented by the Class A
Certificates (the "Class A Invested Amount")
for the Due Period with respect to the
current Distribution Date . . . . . . . $500,000,000.00
d. The Invested Percentage with respect to
Finance Charge Receivables (including
Interchange) and Defaulted Receivables for
the Series 1995-P Certificates for the Due
Period with respect to the current
Distribution Date . . . . . . . . . . . 3.650%
e. The Invested Percentage with respect to
Principal Receivables for the Series 1995-P
Certificates for the Due Period with respect
to the current Distribution Date. . . . 3.650%
f. The Class A Floating Percentage for the
Due Period with respect to the current
Distribution Date . . . . . . . . . . . 87.500%
g. The Class A Principal Percentage for the
Due Period with respect to the current
Distribution Date . . . . . . . . . . . 87.500%
h. The Collateral Floating Percentage for the
Due Period with respect to the current
Distribution Date . . . . . . . . . . . 12.500%
i. The Collateral Principal Percentage for the
Due Period with respect to the current
Distribution Date . . . . . . . . . . . 12.500%
3. Delinquent Balances.
The aggregate amount of outstanding
balances in the Accounts which were 30
or more days delinquent as of the end of
the Due Period for the current Distribution
Date. . . . . . . . . . . . . . . . . . $952,675,623.98
Page 60 of 93
<PAGE>
4. Investor Default Amount.
a. The aggregate amount of all Defaulted
Receivables written off as uncollectible
during the Due Period with respect
to the current Distribution Date
allocable to the Series 1995-P
Certificates (the "Investor Default
Amount"). . . . . . . . . . . . . . . . $3,925,904.36
b. The Class A Investor Default Amount. . $3,435,166.31
c. The Collateral Investor Default Amount. $490,738.05
5. Investor Charge-Offs.
a. The amount of the Class A Investor
Charge-Offs per $1,000 interest after
reimbursement of any such Class A
Investor Charge-Offs for the Due Period
with respect to the current Distribution
Date . . . . . . . . . . . . . . . . . $0.00
b. The amount attributable to Class A
Investor Charge-Offs, if any, by which
the principal balance of the
Class A Certificates exceeds the
Class A Invested Amount as of the end
of the day on the Record Date with
respect to the current Distribution
Date. . . . . . . . . . . . . . . . . . $0.00
c. The amount of the Collateral Charge-
Offs, if any, for the Due Period with
respect to the current Distribution
Date . . . . . . . . . . . . . . . . . $0.00
6. Monthly Servicing Fee.
a. The amount of the Monthly Servicing Fee
payable by the Trust to the Servicer
with respect to the current Distribution
Date . . . . . . . . . . . . . . . . . $357,142.86
b. The amount of the Interchange Monthly
Servicing Fee payable to the Servicer
with respect to the current Distribution
Date . . . . . . . . . . . . . . . . . $595,238.10
Page 61 of 93
<PAGE>
7. Available Cash Collateral Amount.
a. The amount, if any, withdrawn
from the Cash Collateral Account
for the current Distribution Date
(the "Withdrawal Amount") . . . . . $0.00
b. The amount available to be withdrawn from
the Cash Collateral Account as of the
end of the day on the current Distribution
Date, after giving effect to all
withdrawals, deposits and payments to be
made on such Distribution Date (the
"Available Cash Collateral Amount" for
the next Distribution Date) . . . . . $5,714,286.00
c. The amount as computed in 7.b as a
percentage of the Class A Invested
Amount after giving effect to all
reductions thereof on the current
Distribution Date . . . . . . . . . . 1.143%
8. Collateral Invested Amount.
a. The Collateral Invested Amount for the
current Distribution Date . . . . . . $71,428,572.00
b. The Collateral Invested Amount after
giving effect to all withdrawals,
deposits and payments on the current
Distribution Date . . . . . . . . . . $71,428,572.00
9. Total Enhancement.
a. The total Enhancement for the current
Distribution Date . . . . . . . . . . $77,142,858.00
b. The total Enhancement after giving
effect to all withdrawals, deposits
and payments on the current
Distribution Date . . . . . . . . . . $77,142,858.00
Page 62 of 93
<PAGE>
C. The Pool Factor.
The Pool Factor (which represents the ratio
of the Class A Invested Amount on the last day
of the month ending on the Record Date
adjusted for Class A Investor Charge-Offs set
forth in B.5.a. above and for the distributions
of principal set forth in A.2 above to the
Class A Initial Invested Amount). The amount
of a Class A Certificateholder's pro rata share
of the Class A Invested Amount can be determined
by multiplying the original denomination of the
holder's Class A Certificate by the Pool
Factor . . . . . . . . . . . . . . . 100.00000000%
D. Deficit Controlled Amortization Amount.
1. The Deficit Controlled Amortization Amount
for the preceding Due Period. . . . . . $0.00
FCC NATIONAL BANK,
Servicer
By /s/ Michael J. Sheahan
----------------------
Title: Vice President
Page 63 of 93
<PAGE>
Exhibit 28M
CERTIFICATEHOLDERS' PAYMENT DATE STATEMENT
FCC NATIONAL BANK
---------------------------------------------------
FIRST CHICAGO MASTER TRUST II
Series 1996-Q
January 7, 1997
---------------------------------------------------
Under the Pooling and Servicing Agreement (the "Pooling
and Servicing Agreement") dated as of June 1, 1990 by and between
FCC National Bank, as Seller and Servicer ("FCCNB"), and Norwest
Bank Minnesota, National Association, as Trustee, (the "Trustee"),
as amended and supplemented by the Series 1996-Q Supplement dated
as of September 1, 1996 by and between FCCNB and the Trustee, FCCNB,
as Servicer, is required to prepare certain information for each
Payment Date regarding current distributions to Class A Certificate-
holders and the performance of the First Chicago Master Trust II (the
"Trust") during the previous period. The information which is
required to be prepared with respect to the distribution on the
January 15, 1997 Payment Date and with respect to the performance
of the Trust during the Due Period for such Payment Date is set
forth below. Certain of the information is presented on the
aggregate amounts for the Trust as a whole. All capitalized terms
used herein shall have the respective meanings set forth in the
Pooling and Servicing Agreement.
A. Information Regarding the Current Distribution
(Stated on the Basis of $1000 Original Principal Amount).
1. The total amount of the distribution to
Class A Certificateholders on the
Payment Date per $1,000 interest. . . . $4.780
2. The amount of the distribution set forth
in paragraph 1 above in respect of
principal on the Class A Certificates,
per $1,000 interest . . . . . . . . . . $0.000
3. The amount of the distribution set forth in
paragraph 1 above in respect of interest on
the Class A Certificates, per $1,000
interest. . . . . . . . . . . . . . . . $4.780
Page 64 of 93
<PAGE>
B. Information Regarding the Performance of the Trust.
1. Collections of Receivables.
a. The aggregate amount of Collections of
Receivables processed for the Due Period
with respect to the current Distribution
Date which were allocated in respect of
the Investor Certificates of all Series. $252,788,017.94
b. The aggregate amount of Collections of
Receivables processed for the Due Period
with respect to the current Distribution
Date which were allocated in respect of
the Series 1996-Q Certificates. . . . . $16,982,283.77
c. The aggregate amount of Collections
of Receivables processed for the Due
Period with respect to the current
Distribution Date which were allocated
in respect of the Class A Certificates . . . $14,859,498.30
d. The amount of Collections of Receivables
processed for the Due Period with respect
to the current Distribution Date which were
allocated in respect of Class A
Certificates, per $1,000 interest. . . . $16.511
e. The amount of Excess Spread for the Due
Period with respect to the current
Distribution Date. . . . . . . . . . . . $5,854,524.76
f. The amount of Reallocated Principal
Collections for the Due Period with
respect to the current Distribution
Date allocated in respect of the
Class A Certificates . . . . . . . . . . $0.00
g. The amount of Excess Finance Charge
Collections allocated in respect of the
Series 1996-Q Certificates, if any . . . $0.00
h. The amount of Excess Principal Collections
allocated in respect of the
Series 1996-Q Certificates, if any . . . $0.00
2. Receivables in Trust.
a. Aggregate Principal Receivables for the
Due Period with respect to the current
Distribution Date (which reflects the
Principal Receivables represented by the
Exchangeable Seller's Certificate and by
the Investor Certificates of all Series). $15,656,405,810.36
Page 65 of 93
<PAGE>
b. The amount of Principal Receivables in
the Trust represented by the Series 1996-Q
Certificates (the "Invested Amount") for
the Due Period with respect to the current
Distribution Date . . . . . . . . . . . $1,028,571,429.00
c. The amount of Principal Receivables
in the Trust represented by the Class A
Certificates (the "Class A Invested Amount")
for the Due Period with respect to the
current Distribution Date . . . . . . . $900,000,000.00
d. The Invested Percentage with respect to
Finance Charge Receivables (including
Interchange) and Defaulted Receivables for
the Series 1996-Q Certificates for the Due
Period with respect to the current
Distribution Date . . . . . . . . . . . 6.570%
e. The Invested Percentage with respect to
Principal Receivables for the Series 1996-Q
Certificates for the Due Period with respect
to the current Distribution Date. . . . 6.570%
f. The Class A Floating Percentage for the
Due Period with respect to the current
Distribution Date . . . . . . . . . . . 87.500%
g. The Class A Principal Percentage for the
Due Period with respect to the current
Distribution Date . . . . . . . . . . . 87.500%
h. The Collateral Floating Percentage for the
Due Period with respect to the current
Distribution Date . . . . . . . . . . . 12.500%
i. The Collateral Principal Percentage for the
Due Period with respect to the current
Distribution Date . . . . . . . . . . . 12.500%
3. Delinquent Balances.
The aggregate amount of outstanding
balances in the Accounts which were 30
or more days delinquent as of the end of
the Due Period for the current Distribution
Date. . . . . . . . . . . . . . . . . . $952,675,623.98
Page 66 of 93
<PAGE>
4. Investor Default Amount.
a. The aggregate amount of all Defaulted
Receivables written off as uncollectible
during the Due Period with respect
to the current Distribution Date
allocable to the Series 1996-Q
Certificates (the "Investor Default
Amount"). . . . . . . . . . . . . . . . $7,066,627.85
b. The Class A Investor Default Amount. . $6,183,299.37
c. The Collateral Investor Default Amount. $883,328.48
5. Investor Charge-Offs.
a. The amount of the Class A Investor
Charge-Offs per $1,000 interest after
reimbursement of any such Class A
Investor Charge-Offs for the Due Period
with respect to the current Distribution
Date . . . . . . . . . . . . . . . . . $0.00
b. The amount attributable to Class A
Investor Charge-Offs, if any, by which
the principal balance of the
Class A Certificates exceeds the
Class A Invested Amount as of the end
of the day on the Record Date with
respect to the current Distribution
Date. . . . . . . . . . . . . . . . . . $0.00
c. The amount of the Collateral Charge-
Offs, if any, for the Due Period with
respect to the current Distribution
Date . . . . . . . . . . . . . . . . . $0.00
6. Monthly Servicing Fee.
a. The amount of the Monthly Servicing Fee
payable by the Trust to the Servicer
with respect to the current Distribution
Date . . . . . . . . . . . . . . . . . $642,857.14
b. The amount of the Interchange Monthly
Servicing Fee payable to the Servicer
with respect to the current Distribution
Date . . . . . . . . . . . . . . . . . $1,071,428.57
Page 67 of 93
<PAGE>
7. Available Cash Collateral Amount.
a. The amount, if any, withdrawn
from the Cash Collateral Account
for the current Distribution Date
(the "Withdrawal Amount") . . . . . $0.00
b. The amount available to be withdrawn from
the Cash Collateral Account as of the
end of the day on the current Distribution
Date, after giving effect to all
withdrawals, deposits and payments to be
made on such Distribution Date (the
"Available Cash Collateral Amount" for
the next Distribution Date) . . . . . $10,285,714.00
c. The amount as computed in 7.b as a
percentage of the Class A Invested
Amount after giving effect to all
reductions thereof on the current
Distribution Date . . . . . . . . . . 1.143%
8. Collateral Invested Amount.
a. The Collateral Invested Amount for the
current Distribution Date . . . . . . $128,571,429.00
b. The Collateral Invested Amount after
giving effect to all withdrawals,
deposits and payments on the current
Distribution Date . . . . . . . . . . $128,571,429.00
9. Total Enhancement.
a. The total Enhancement for the current
Distribution Date . . . . . . . . . . $138,857,143.00
b. The total Enhancement after giving
effect to all withdrawals, deposits
and payments on the current
Distribution Date . . . . . . . . . . $138,857,143.00
Page 68 of 93
<PAGE>
C. The Pool Factor.
The Pool Factor (which represents the ratio
of the Class A Invested Amount on the last day
of the month ending on the Record Date
adjusted for Class A Investor Charge-Offs set
forth in B.5.a. above and for the distributions
of principal set forth in A.2 above to the
Class A Initial Invested Amount). The amount
of a Class A Certificateholder's pro rata share
of the Class A Invested Amount can be determined
by multiplying the original denomination of the
holder's Class A Certificate by the Pool
Factor . . . . . . . . . . . . . . . 100.00000000%
D. Deficit Controlled Amortization Amount.
1. The Deficit Controlled Amortization Amount
for the preceding Due Period. . . . . . $0.00
FCC NATIONAL BANK,
Servicer
By /s/ Michael J. Sheahan
----------------------
Title: Vice President
Page 69 of 93
<PAGE>
Exhibit 28N
CERTIFICATEHOLDERS' PAYMENT DATE STATEMENT
FCC NATIONAL BANK
---------------------------------------------------
FIRST CHICAGO MASTER TRUST II
Series 1996-R
Due Period Ending: November, 1996
---------------------------------------------------
Under the Pooling and Servicing Agreement (the "Pooling
and Servicing Agreement") dated as of June 1, 1990 by and between
FCC National Bank, as Seller and Servicer ("FCCNB"), and Norwest
Bank Minnesota, National Association, as Trustee, (the "Trustee"),
as amended and supplemented by the Series 1996-R Supplement dated
as of November 1, 1996 by and between FCCNB and the Trustee, FCCNB,
as Servicer, is required to prepare certain information for each
Payment Date regarding current distributions to Class A
Certificateholders and the performance of the First Chicago Master
Trust II (the "Trust") during the previous period. The information
which is required to be prepared with respect to the distribution on
the January 15, 1997 Payment Date and with respect to the performance
of the Trust during the Due Periods for such Payment Date is set forth
below.* Certain of the information is presented on the aggregate
amounts for the Trust as a whole. All capitalized terms used herein
shall have the respective meanings set forth in the Pooling and
Servicing Agreement.
A. Information Regarding the Current Distribution
(Stated on the Basis of $1000 Original Principal Amount).
1. The total amount of the distribution to
Class A Certificateholders on the
Payment Date per $1,000 interest. . . . $3.025
2. The amount of the distribution set forth
in paragraph 1 above in respect of
principal on the Class A Certificates,
per $1,000 interest . . . . . . . . . . $0.000
3. The amount of the distribution set forth in
paragraph 1 above in respect of interest on
the Class A Certificates, per $1,000
interest. . . . . . . . . . . . . . . . $3.025
* Payment at the January 15, 1997 Distribution Date includes activity
from Due Periods ending November and December, 1996.
Page 70 of 93
<PAGE>
B. Information Regarding the Performance of the Trust.
1. Collections of Receivables.
a. The aggregate amount of Collections of
Receivables processed for the Due Period
with respect to the current Distribution
Date which were allocated in respect of
the Investor Certificates of all Series. $515,599,116.79
b. The aggregate amount of Collections of
Receivables processed for the Due Period
with respect to the current Distribution
Date which were allocated in respect of
the Series 1996-R Certificates. . . . . $4,903,701.90
c. The aggregate amount of Collections
of Receivables processed for the Due
Period with respect to the current
Distribution Date which were allocated
in respect of the Class A Certificates . . . $4,290,739.15
d. The amount of Collections of Receivables
processed for the Due Period with respect
to the current Distribution Date which were
allocated in respect of Class A
Certificates, per $1,000 interest. . . . $10.727
e. The amount of Excess Spread for the Due
Period with respect to the current
Distribution Date. . . . . . . . . . . . $1,780,838.80
f. The amount of Reallocated Principal
Collections for the Due Period with
respect to the current Distribution
Date allocated in respect of the
Class A Certificates . . . . . . . . . . $0.00
g. The amount of Excess Finance Charge
Collections allocated in respect of the
Series 1996-R Certificates, if any . . . $0.00
h. The amount of Excess Principal Collections
allocated in respect of the
Series 1996-R Certificates, if any . . . $0.00
2. Receivables in Trust.
a. Aggregate Principal Receivables for the
Due Period with respect to the current
Distribution Date (which reflects the
Principal Receivables represented by the
Exchangeable Seller's Certificate and by
the Investor Certificates of all Series). $15,636,362,502.95
Page 71 of 93
<PAGE>
b. The amount of Principal Receivables in
the Trust represented by the Series 1996-R
Certificates (the "Invested Amount") for
the Due Period with respect to the current
Distribution Date . . . . . . . . . . . $457,142,858.00
c. The amount of Principal Receivables
in the Trust represented by the Class A
Certificates (the "Class A Invested Amount")
for the Due Period with respect to the
current Distribution Date . . . . . . . $400,000,000.00
d. The Invested Percentage with respect to
Finance Charge Receivables (including
Interchange) and Defaulted Receivables for
the Series 1996-R Certificates for the Due
Period with respect to the current
Distribution Date . . . . . . . . . . . 2.924%
e. The Invested Percentage with respect to
Principal Receivables for the Series 1996-R
Certificates for the Due Period with respect
to the current Distribution Date. . . . 2.924%
f. The Class A Floating Percentage for the
Due Period with respect to the current
Distribution Date . . . . . . . . . . . 87.500%
g. The Class A Principal Percentage for the
Due Period with respect to the current
Distribution Date . . . . . . . . . . . 87.500%
h. The Collateral Floating Percentage for the
Due Period with respect to the current
Distribution Date . . . . . . . . . . . 12.500%
i. The Collateral Principal Percentage for the
Due Period with respect to the current
Distribution Date . . . . . . . . . . . 12.500%
3. Delinquent Balances.
The aggregate amount of outstanding
balances in the Accounts which were 30
or more days delinquent as of the end of
the Due Period for the current Distribution
Date. . . . . . . . . . . . . . . . . . $916,504,154.75
Page 72 of 93
<PAGE>
4. Investor Default Amount.
a. The aggregate amount of all Defaulted
Receivables written off as uncollectible
during the Due Period with respect
to the current Distribution Date
allocable to the Series 1996-R
Certificates (the "Investor Default
Amount"). . . . . . . . . . . . . . . . $2,131,707.49
b. The Class A Investor Default Amount. . $1,865,244.05
c. The Collateral Investor Default Amount. $266,463.44
5. Investor Charge-Offs.
a. The amount of the Class A Investor
Charge-Offs per $1,000 interest after
reimbursement of any such Class A
Investor Charge-Offs for the Due Period
with respect to the current Distribution
Date . . . . . . . . . . . . . . . . . $0.00
b. The amount attributable to Class A
Investor Charge-Offs, if any, by which
the principal balance of the
Class A Certificates exceeds the
Class A Invested Amount as of the end
of the day on the Record Date with
respect to the current Distribution
Date. . . . . . . . . . . . . . . . . . $0.00
c. The amount of the Collateral Charge-
Offs, if any, for the Due Period with
respect to the current Distribution
Date . . . . . . . . . . . . . . . . . $0.00
6. Monthly Servicing Fee.
a. The amount of the Monthly Servicing Fee
payable by the Trust to the Servicer
with respect to the current Distribution
Date . . . . . . . . . . . . . . . . . $47,619.05
b. The amount of the Interchange Monthly
Servicing Fee payable to the Servicer
with respect to the current Distribution
Date . . . . . . . . . . . . . . . . . $79,365.08
Page 73 of 93
<PAGE>
7. Available Cash Collateral Amount.
a. The amount, if any, withdrawn
from the Cash Collateral Account
for the current Distribution Date
(the "Withdrawal Amount") . . . . . $0.00
b. The amount available to be withdrawn from
the Cash Collateral Account as of the
end of the day on the current Distribution
Date, after giving effect to all
withdrawals, deposits and payments to be
made on such Distribution Date (the
"Available Cash Collateral Amount" for
the next Distribution Date) . . . . . $4,571,429.00
c. The amount as computed in 7.b as a
percentage of the Class A Invested
Amount after giving effect to all
reductions thereof on the current
Distribution Date . . . . . . . . . . 1.143%
8. Collateral Invested Amount.
a. The Collateral Invested Amount for the
current Distribution Date . . . . . . $57,142,858.00
b. The Collateral Invested Amount after
giving effect to all withdrawals,
deposits and payments on the current
Distribution Date . . . . . . . . . . $57,142,858.00
9. Total Enhancement.
a. The total Enhancement for the current
Distribution Date . . . . . . . . . . $61,714,287.00
b. The total Enhancement after giving
effect to all withdrawals, deposits
and payments on the current
Distribution Date . . . . . . . . . . $61,714,287.00
Page 74 of 93
<PAGE>
C. The Pool Factor.
The Pool Factor (which represents the ratio
of the Class A Invested Amount on the last day
of the month ending on the Record Date
adjusted for Class A Investor Charge-Offs set
forth in B.5.a. above and for the distributions
of principal set forth in A.2 above to the
Class A Initial Invested Amount). The amount
of a Class A Certificateholder's pro rata share
of the Class A Invested Amount can be determined
by multiplying the original denomination of the
holder's Class A Certificate by the Pool
Factor . . . . . . . . . . . . . . . . 100.00000000%
D. Deficit Controlled Amortization Amount.
1. The Deficit Controlled Amortization Amount
for the preceding Due Period. . . . . . $0.00
FCC NATIONAL BANK,
Servicer
By /s/ Michael J. Sheahan
----------------------
Title: Vice President
Page 75 of 93
<PAGE>
Exhibit 28O
CERTIFICATEHOLDERS' PAYMENT DATE STATEMENT
FCC NATIONAL BANK
---------------------------------------------------
FIRST CHICAGO MASTER TRUST II
Series 1996-R
Due Period Ending: December, 1996
---------------------------------------------------
Under the Pooling and Servicing Agreement (the "Pooling and Servicing
Agreement") dated as of June 1, 1990 by and between FCC National Bank, as Seller
and Servicer ("FCCNB"), and Norwest Bank Minnesota, National Association, as
Trustee, (the "Trustee"), as amended and supplemented by the Series 1996-R
Supplement dated as of November 1, 1996 by and between FCCNB and the Trustee,
FCCNB, as Servicer, is required to prepare certain information for each Payment
Date regarding current distributions to Class A Certificateholders and the
performance of the First Chicago Master Trust II (the "Trust") during the
previous period. The information which is required to be prepared with respect
to the distribution on the January 15, 1997 Payment Date and with respect to the
performance of the Trust during the Due Periods for such Payment Date is set
forth below.* Certain of the information is presented on the aggregate amounts
for the Trust as a whole. All capitalized terms used herein shall have the
respective meanings set forth in the Pooling and Servicing Agreement.
A. Information Regarding the Current Distribution
(Stated on the Basis of $1000 Original Principal Amount).
1. The total amount of the distribution to
Class A Certificateholders on the
Payment Date per $1,000 interest. . . . $4.730
2. The amount of the distribution set forth
in paragraph 1 above in respect of
principal on the Class A Certificates,
per $1,000 interest . . . . . . . . . . $0.000
3. The amount of the distribution set forth in
paragraph 1 above in respect of interest on
the Class A Certificates, per $1,000
interest. . . . . . . . . . . . . . . . $4.730
*Payment at the January 15, 1997 Distribution Date includes activity from Due
Periods ending November and December, 1996. For information related to November
activity, see Certificateholder's Payment Date Statement for Due Period ending
November, 1996.
Page 76 of 93
<PAGE>
B. Information Regarding the Performance of the Trust.
1. Collections of Receivables.
a. The aggregate amount of Collections of
Receivables processed for the Due Period
with respect to the current Distribution
Date which were allocated in respect of
the Investor Certificates of all Series. $252,788,017.94
b. The aggregate amount of Collections of
Receivables processed for the Due Period
with respect to the current Distribution
Date which were allocated in respect of
the Series 1996-R Certificates. . . . . $7,547,681.68
c. The aggregate amount of Collections
of Receivables processed for the Due
Period with respect to the current
Distribution Date which were allocated
in respect of the Class A Certificates . . . $6,604,221.45
d. The amount of Collections of Receivables
processed for the Due Period with respect
to the current Distribution Date which were
allocated in respect of Class A
Certificates, per $1,000 interest. . . . $16.511
e. The amount of Excess Spread for the Due
Period with respect to the current
Distribution Date. . . . . . . . . . . . $2,622,011.01
f. The amount of Reallocated Principal
Collections for the Due Period with
respect to the current Distribution
Date allocated in respect of the
Class A Certificates . . . . . . . . . . $0.00
g. The amount of Excess Finance Charge
Collections allocated in respect of the
Series 1996-R Certificates, if any . . . $0.00
h. The amount of Excess Principal Collections
allocated in respect of the
Series 1996-R Certificates, if any . . . $0.00
2. Receivables in Trust.
a. Aggregate Principal Receivables for the
Due Period with respect to the current
Distribution Date (which reflects the
Principal Receivables represented by the
Exchangeable Seller's Certificate and by
the Investor Certificates of all Series). $15,656,405,810.36
Page 77 of 93
<PAGE>
b. The amount of Principal Receivables in
the Trust represented by the Series 1996-R
Certificates (the "Invested Amount") for
the Due Period with respect to the current
Distribution Date . . . . . . . . . . . $457,142,858.00
c. The amount of Principal Receivables
in the Trust represented by the Class A
Certificates (the "Class A Invested Amount")
for the Due Period with respect to the
current Distribution Date . . . . . . . $400,000,000.00
d. The Invested Percentage with respect to
Finance Charge Receivables (including
Interchange) and Defaulted Receivables for
the Series 1996-R Certificates for the Due
Period with respect to the current
Distribution Date . . . . . . . . . . . 2.920%
e. The Invested Percentage with respect to
Principal Receivables for the Series 1996-R
Certificates for the Due Period with respect
to the current Distribution Date. . . . 2.920%
f. The Class A Floating Percentage for the
Due Period with respect to the current
Distribution Date . . . . . . . . . . . 87.500%
g. The Class A Principal Percentage for the
Due Period with respect to the current
Distribution Date . . . . . . . . . . . 87.500%
h. The Collateral Floating Percentage for the
Due Period with respect to the current
Distribution Date . . . . . . . . . . . 12.500%
i. The Collateral Principal Percentage for the
Due Period with respect to the current
Distribution Date . . . . . . . . . . . 12.500%
3. Delinquent Balances.
The aggregate amount of outstanding
balances in the Accounts which were 30
or more days delinquent as of the end of
the Due Period for the current Distribution
Date. . . . . . . . . . . . . . . . . . $952,675,623.98
Page 78 of 93
<PAGE>
4. Investor Default Amount.
a. The aggregate amount of all Defaulted
Receivables written off as uncollectible
during the Due Period with respect
to the current Distribution Date
allocable to the Series 1996-R
Certificates (the "Investor Default
Amount"). . . . . . . . . . . . . . . . $3,140,723.49
b. The Class A Investor Default Amount. . $2,748,133.05
c. The Collateral Investor Default Amount. $392,590.44
5. Investor Charge-Offs.
a. The amount of the Class A Investor
Charge-Offs per $1,000 interest after
reimbursement of any such Class A
Investor Charge-Offs for the Due Period
with respect to the current Distribution
Date . . . . . . . . . . . . . . . . . $0.00
b. The amount attributable to Class A
Investor Charge-Offs, if any, by which
the principal balance of the
Class A Certificates exceeds the
Class A Invested Amount as of the end
of the day on the Record Date with
respect to the current Distribution
Date. . . . . . . . . . . . . . . . . . $0.00
c. The amount of the Collateral Charge-
Offs, if any, for the Due Period with
respect to the current Distribution
Date . . . . . . . . . . . . . . . . . $0.00
6. Monthly Servicing Fee.
a. The amount of the Monthly Servicing Fee
payable by the Trust to the Servicer
with respect to the current Distribution
Date . . . . . . . . . . . . . . . . . $285,714.29
b. The amount of the Interchange Monthly
Servicing Fee payable to the Servicer
with respect to the current Distribution
Date . . . . . . . . . . . . . . . . . $476,190.48
Page 79 of 93
<PAGE>
7. Available Cash Collateral Amount.
a. The amount, if any, withdrawn
from the Cash Collateral Account
for the current Distribution Date
(the "Withdrawal Amount") . . . . . $0.00
b. The amount available to be withdrawn from
the Cash Collateral Account as of the
end of the day on the current Distribution
Date, after giving effect to all
withdrawals, deposits and payments to be
made on such Distribution Date (the
"Available Cash Collateral Amount" for
the next Distribution Date) . . . . . $4,571,429.00
c. The amount as computed in 7.b as a
percentage of the Class A Invested
Amount after giving effect to all
reductions thereof on the current
Distribution Date . . . . . . . . . . 1.143%
8. Collateral Invested Amount.
a. The Collateral Invested Amount for the
current Distribution Date . . . . . . $57,142,858.00
b. The Collateral Invested Amount after
giving effect to all withdrawals,
deposits and payments on the current
Distribution Date . . . . . . . . . . $57,142,858.00
9. Total Enhancement.
a. The total Enhancement for the current
Distribution Date . . . . . . . . . . $61,714,287.00
b. The total Enhancement after giving
effect to all withdrawals, deposits
and payments on the current
Distribution Date . . . . . . . . . . $61,714,287.00
Page 80 of 93
<PAGE>
C. The Pool Factor.
The Pool Factor (which represents the ratio
of the Class A Invested Amount on the last day
of the month ending on the Record Date
adjusted for Class A Investor Charge-Offs set
forth in B.5.a. above and for the distributions
of principal set forth in A.2 above to the
Class A Initial Invested Amount). The amount
of a Class A Certificateholder's pro rata share
of the Class A Invested Amount can be determined
by multiplying the original denomination of the
holder's Class A Certificate by the Pool
Factor . . . . . . . . . . . . . . . . 100.00000000%
D. Deficit Controlled Amortization Amount.
1. The Deficit Controlled Amortization Amount
for the preceding Due Period. . . . . . $0.00
FCC NATIONAL BANK,
Servicer
By /s/ Michael J. Sheahan
----------------------
Title: Vice President
Page 81 of 93
<PAGE>
Exhibit 28P
CERTIFICATEHOLDERS' PAYMENT DATE STATEMENT
FCC NATIONAL BANK
---------------------------------------------------
FIRST CHICAGO MASTER TRUST II
Series 1996-S
Due Period Ending: November, 1996
---------------------------------------------------
Under the Pooling and Servicing Agreement (the "Pooling
and Servicing Agreement") dated as of June 1, 1990 by and between FCC
National Bank, as Seller and Servicer ("FCCNB"), and Norwest Bank
Minnesota, National Association, as Trustee, (the "Trustee"), as
amended and supplemented by the Series 1996-S Supplement dated as of
November 1, 1996 by and between FCCNB and the Trustee, FCCNB, as
Servicer, is required to prepare certain information for each Payment
Date regarding current distributions to Class A Certificateholders
and the performance of the First Chicago Master Trust II (the "Trust")
during the previous period. The information which is required to be
prepared with respect to the distribution on the January 15, 1997
Payment Date and with respect to the performance of the Trust during
the Due Periods for such Payment Date is set forth below.* Certain of
the information is presented on the aggregate amounts for the Trust as
a whole. All capitalized terms used herein shall have the respective
meanings set forth in the Pooling and Servicing Agreement.
A. Information Regarding the Current Distribution
(Stated on the Basis of $1000 Original Principal Amount).
1. The total amount of the distribution to
Class A Certificateholders on the
Payment Date per $1,000 interest. . . . $3.056
2. The amount of the distribution set forth
in paragraph 1 above in respect of
principal on the Class A Certificates,
per $1,000 interest . . . . . . . . . . $0.000
3. The amount of the distribution set forth in
paragraph 1 above in respect of interest on
the Class A Certificates, per $1,000
interest. . . . . . . . . . . . . . . . $3.056
* Payment at the January 15, 1997 Distribution Date includes activity
from Due Periods ending November and December, 1996.
Page 82 of 93
<PAGE>
B. Information Regarding the Performance of the Trust.
1. Collections of Receivables.
a. The aggregate amount of Collections of
Receivables processed for the Due Period
with respect to the current Distribution
Date which were allocated in respect of
the Investor Certificates of all Series. $515,599,116.79
b. The aggregate amount of Collections of
Receivables processed for the Due Period
with respect to the current Distribution
Date which were allocated in respect of
the Series 1996-S Certificates. . . . . $8,581,478.30
c. The aggregate amount of Collections
of Receivables processed for the Due
Period with respect to the current
Distribution Date which were allocated
in respect of the Class A Certificates . . . $7,508,793.52
d. The amount of Collections of Receivables
processed for the Due Period with respect
to the current Distribution Date which were
allocated in respect of Class A
Certificates, per $1,000 interest. . . . $10.727
e. The amount of Excess Spread for the Due
Period with respect to the current
Distribution Date. . . . . . . . . . . . $3,095,079.00
f. The amount of Reallocated Principal
Collections for the Due Period with
respect to the current Distribution
Date allocated in respect of the
Class A Certificates . . . . . . . . . . $0.00
g. The amount of Excess Finance Charge
Collections allocated in respect of the
Series 1996-S Certificates, if any . . . $0.00
h. The amount of Excess Principal Collections
allocated in respect of the
Series 1996-S Certificates, if any . . . $0.00
2. Receivables in Trust.
a. Aggregate Principal Receivables for the
Due Period with respect to the current
Distribution Date (which reflects the
Principal Receivables represented by the
Exchangeable Seller's Certificate and by
the Investor Certificates of all Series). $15,636,362,502.95
Page 83 of 93
<PAGE>
b. The amount of Principal Receivables in
the Trust represented by the Series 1996-S
Certificates (the "Invested Amount") for
the Due Period with respect to the current
Distribution Date . . . . . . . . . . . $800,000,000.00
c. The amount of Principal Receivables
in the Trust represented by the Class A
Certificates (the "Class A Invested Amount")
for the Due Period with respect to the
current Distribution Date . . . . . . . $700,000,000.00
d. The Invested Percentage with respect to
Finance Charge Receivables (including
Interchange) and Defaulted Receivables for
the Series 1996-S Certificates for the Due
Period with respect to the current
Distribution Date . . . . . . . . . . . 5.116%
e. The Invested Percentage with respect to
Principal Receivables for the Series 1996-S
Certificates for the Due Period with respect
to the current Distribution Date. . . . 5.116%
f. The Class A Floating Percentage for the
Due Period with respect to the current
Distribution Date . . . . . . . . . . . 87.500%
g. The Class A Principal Percentage for the
Due Period with respect to the current
Distribution Date . . . . . . . . . . . 87.500%
h. The Collateral Floating Percentage for the
Due Period with respect to the current
Distribution Date . . . . . . . . . . . 12.500%
i. The Collateral Principal Percentage for the
Due Period with respect to the current
Distribution Date . . . . . . . . . . . 12.500%
3. Delinquent Balances.
The aggregate amount of outstanding
balances in the Accounts which were 30
or more days delinquent as of the end of
the Due Period for the current Distribution
Date. . . . . . . . . . . . . . . . . . $916,504,154.75
Page 84 of 93
<PAGE>
4. Investor Default Amount.
a. The aggregate amount of all Defaulted
Receivables written off as uncollectible
during the Due Period with respect
to the current Distribution Date
allocable to the Series 1996-S
Certificates (the "Investor Default
Amount"). . . . . . . . . . . . . . . . $3,730,488.09
b. The Class A Investor Default Amount. . $3,264,177.08
c. The Collateral Investor Default Amount. $466,311.01
5. Investor Charge-Offs.
a. The amount of the Class A Investor
Charge-Offs per $1,000 interest after
reimbursement of any such Class A
Investor Charge-Offs for the Due Period
with respect to the current Distribution
Date . . . . . . . . . . . . . . . . . $0.00
b. The amount attributable to Class A
Investor Charge-Offs, if any, by which
the principal balance of the
Class A Certificates exceeds the
Class A Invested Amount as of the end
of the day on the Record Date with
respect to the current Distribution
Date. . . . . . . . . . . . . . . . . . $0.00
c. The amount of the Collateral Charge-
Offs, if any, for the Due Period with
respect to the current Distribution
Date . . . . . . . . . . . . . . . . . $0.00
6. Monthly Servicing Fee.
a. The amount of the Monthly Servicing Fee
payable by the Trust to the Servicer
with respect to the current Distribution
Date . . . . . . . . . . . . . . . . . $83,333.33
b. The amount of the Interchange Monthly
Servicing Fee payable to the Servicer
with respect to the current Distribution
Date . . . . . . . . . . . . . . . . . $138,888.89
Page 85 of 93
<PAGE>
7. Available Cash Collateral Amount.
a. The amount, if any, withdrawn
from the Cash Collateral Account
for the current Distribution Date
(the "Withdrawal Amount") . . . . . $0.00
b. The amount available to be withdrawn from
the Cash Collateral Account as of the
end of the day on the current Distribution
Date, after giving effect to all
withdrawals, deposits and payments to be
made on such Distribution Date (the
"Available Cash Collateral Amount" for
the next Distribution Date) . . . . . $8,000,000.00
c. The amount as computed in 7.b as a
percentage of the Class A Invested
Amount after giving effect to all
reductions thereof on the current
Distribution Date . . . . . . . . . . 1.143%
8. Collateral Invested Amount.
a. The Collateral Invested Amount for the
current Distribution Date . . . . . . $100,000,000.00
b. The Collateral Invested Amount after
giving effect to all withdrawals,
deposits and payments on the current
Distribution Date . . . . . . . . . . $100,000,000.00
9. Total Enhancement.
a. The total Enhancement for the current
Distribution Date . . . . . . . . . . $108,000,000.00
b. The total Enhancement after giving
effect to all withdrawals, deposits
and payments on the current
Distribution Date . . . . . . . . . . $108,000,000.00
Page 86 of 93
<PAGE>
C. The Pool Factor.
The Pool Factor (which represents the ratio
of the Class A Invested Amount on the last day
of the month ending on the Record Date
adjusted for Class A Investor Charge-Offs set
forth in B.5.a. above and for the distributions
of principal set forth in A.2 above to the
Class A Initial Invested Amount). The amount
of a Class A Certificateholder's pro rata share
of the Class A Invested Amount can be determined
by multiplying the original denomination of the
holder's Class A Certificate by the Pool
Factor . . . . . . . . . . . . . . . . 100.00000000%
D. Deficit Controlled Amortization Amount.
1. The Deficit Controlled Amortization Amount
for the preceding Due Period. . . . . . $0.00
FCC NATIONAL BANK,
Servicer
By /s/ Michael J. Sheahan
----------------------
Title: Vice President
Page 87 of 93
<PAGE>
Exhibit 28Q
CERTIFICATEHOLDERS' PAYMENT DATE STATEMENT
FCC NATIONAL BANK
---------------------------------------------------
FIRST CHICAGO MASTER TRUST II
Series 1996-S
Due Period Ending: December, 1996
---------------------------------------------------
Under the Pooling and Servicing Agreement (the "Pooling
and Servicing Agreement") dated as of June 1, 1990 by and between FCC
National Bank, as Seller and Servicer ("FCCNB"), and Norwest Bank
Minnesota, National Association, as Trustee, (the "Trustee"), as amended
and supplemented by the Series 1996-S Supplement dated as of November 1,
1996 by and between FCCNB and the Trustee, FCCNB, as Servicer, is required
to prepare certain information for each Payment Date regarding current
distributions to Class A Certificateholders and the performance of the
First Chicago Master Trust II (the "Trust") during the previous period. The
information which is required to be prepared with respect to the
distribution on the January 15, 1997 Payment Date and with respect to the
performance of the Trust during the Due Periods for such Payment Date is
set forth below.* Certain of the information is presented on the aggregate
amounts for the Trust as a whole. All capitalized terms used herein shall
have the respective meanings set forth in the Pooling and Servicing
Agreement.
A. Information Regarding the Current Distribution
(Stated on the Basis of $1000 Original Principal Amount).
1. The total amount of the distribution to
Class A Certificateholders on the
Payment Date per $1,000 interest. . . . $4.775
2. The amount of the distribution set forth
paragraph 1 above in respect of
principal on the Class A Certificates,
per $1,000 interest . . . . . . . . . . $0.000
3. The amount of the distribution set forth in
paragraph 1 above in respect of interest on
the Class A Certificates, per $1,000
interest. . . . . . . . . . . . . . . . $4.775
*Payment at the January 15, 1997 Distribution Date includes activity
from Due Periods ending November and December, 1996. For information
related to November activity, see Certificateholder's Payment Date
Statement for Due Period ending November, 1996.
Page 88 of 93
<PAGE>
B. Information Regarding the Performance of the Trust.
1. Collections of Receivables.
a. The aggregate amount of Collections of
Receivables processed for the Due Period
with respect to the current Distribution
Date which were allocated in respect of
the Investor Certificates of all Series. $252,788,017.94
b. The aggregate amount of Collections of
Receivables processed for the Due Period
with respect to the current Distribution
Date which were allocated in respect of
the Series 1996-S Certificates. . . . . $13,208,442.94
c. The aggregate amount of Collections
of Receivables processed for the Due
Period with respect to the current
Distribution Date which were allocated
in respect of the Class A Certificates . . . $11,557,387.57
d. The amount of Collections of Receivables
processed for the Due Period with respect
to the current Distribution Date which were
allocated in respect of Class A
Certificates, per $1,000 interest. . . . $16.511
e. The amount of Excess Spread for the Due
Period with respect to the current
Distribution Date. . . . . . . . . . . . $4,556,435.93
f. The amount of Reallocated Principal
Collections for the Due Period with
respect to the current Distribution
Date allocated in respect of the
Class A Certificates . . . . . . . . . . $0.00
g. The amount of Excess Finance Charge
Collections allocated in respect of the
Series 1996-S Certificates, if any . . . $0.00
h. The amount of Excess Principal Collections
allocated in respect of the
Series 1996-S Certificates, if any . . . $0.00
2. Receivables in Trust.
a. Aggregate Principal Receivables for the
Due Period with respect to the current
Distribution Date (which reflects the
Principal Receivables represented by the
Exchangeable Seller's Certificate and by
the Investor Certificates of all Series). $15,656,405,810.36
Page 89 of 93
<PAGE>
b. The amount of Principal Receivables in
the Trust represented by the Series 1996-S
Certificates (the "Invested Amount") for
the Due Period with respect to the current
Distribution Date . . . . . . . . . . . $800,000,000.00
c. The amount of Principal Receivables
in the Trust represented by the Class A
Certificates (the "Class A Invested Amount")
for the Due Period with respect to the
current Distribution Date . . . . . . . $700,000,000.00
d. The Invested Percentage with respect to
Finance Charge Receivables (including
Interchange) and Defaulted Receivables for
the Series 1996-S Certificates for the Due
Period with respect to the current
Distribution Date . . . . . . . . . . . 5.110%
e. The Invested Percentage with respect to
Principal Receivables for the Series 1996-S
Certificates for the Due Period with respect
to the current Distribution Date. . . . 5.110%
f. The Class A Floating Percentage for the
Due Period with respect to the current
Distribution Date . . . . . . . . . . . 87.500%
g. The Class A Principal Percentage for the
Due Period with respect to the current
Distribution Date . . . . . . . . . . . 87.500%
h. The Collateral Floating Percentage for the
Due Period with respect to the current
Distribution Date . . . . . . . . . . . 12.500%
i. The Collateral Principal Percentage for the
Due Period with respect to the current
Distribution Date . . . . . . . . . . . 12.500%
3. Delinquent Balances.
The aggregate amount of outstanding
balances in the Accounts which were 30
or more days delinquent as of the end of
the Due Period for the current Distribution
Date. . . . . . . . . . . . . . . . . . $952,675,623.98
Page 90 of 93
<PAGE>
4. Investor Default Amount.
a. The aggregate amount of all Defaulted
Receivables written off as uncollectible
during the Due Period with respect
to the current Distribution Date
allocable to the Series 1996-S
Certificates (the "Investor Default
Amount"). . . . . . . . . . . . . . . . $5,496,266.10
b. The Class A Investor Default Amount. . $4,809,232.84
c. The Collateral Investor Default Amount. $687,033.26
5. Investor Charge-Offs.
a. The amount of the Class A Investor
Charge-Offs per $1,000 interest after
reimbursement of any such Class A
Investor Charge-Offs for the Due Period
with respect to the current Distribution
Date . . . . . . . . . . . . . . . . . $0.00
b. The amount attributable to Class A
Investor Charge-Offs, if any, by which
the principal balance of the
Class A Certificates exceeds the
Class A Invested Amount as of the end
of the day on the Record Date with
respect to the current Distribution
Date. . . . . . . . . . . . . . . . . . $0.00
c. The amount of the Collateral Charge-
Offs, if any, for the Due Period with
respect to the current Distribution
Date . . . . . . . . . . . . . . . . . $0.00
6. Monthly Servicing Fee.
a. The amount of the Monthly Servicing Fee
payable by the Trust to the Servicer
with respect to the current Distribution
Date . . . . . . . . . . . . . . . . . $500,000.00
b. The amount of the Interchange Monthly
Servicing Fee payable to the Servicer
with respect to the current Distribution
Date . . . . . . . . . . . . . . . . . $833,333.33
Page 91 of 93
<PAGE>
7. Available Cash Collateral Amount.
a. The amount, if any, withdrawn
from the Cash Collateral Account
for the current Distribution Date
(the "Withdrawal Amount") . . . . . $0.00
b. The amount available to be withdrawn from
the Cash Collateral Account as of the
end of the day on the current Distribution
Date, after giving effect to all
withdrawals, deposits and payments to be
made on such Distribution Date (the
"Available Cash Collateral Amount" for
the next Distribution Date) . . . . . $8,000,000.00
c. The amount as computed in 7.b as a
percentage of the Class A Invested
Amount after giving effect to all
reductions thereof on the current
Distribution Date . . . . . . . . . . 1.143%
8. Collateral Invested Amount.
a. The Collateral Invested Amount for the
current Distribution Date . . . . . . $100,000,000.00
b. The Collateral Invested Amount after
giving effect to all withdrawals,
deposits and payments on the current
Distribution Date . . . . . . . . . . $100,000,000.00
9. Total Enhancement.
a. The total Enhancement for the current
Distribution Date . . . . . . . . . . $108,000,000.00
b. The total Enhancement after giving
effect to all withdrawals, deposits
and payments on the current
Distribution Date . . . . . . . . . . $108,000,000.00
Page 92 of 93
<PAGE>
C. The Pool Factor.
The Pool Factor (which represents the ratio
of the Class A Invested Amount on the last day
of the month ending on the Record Date
adjusted for Class A Investor Charge-Offs set
forth in B.5.a. above and for the distributions
of principal set forth in A.2 above to the
Class A Initial Invested Amount). The amount
of a Class A Certificateholder's pro rata share
of the Class A Invested Amount can be determined
by multiplying the original denomination of the
holder's Class A Certificate by the Pool
Factor . . . . . . . . . . . . . . . . 100.00000000%
D. Deficit Controlled Amortization Amount.
1. The Deficit Controlled Amortization Amount
for the preceding Due Period. . . . . . $0.00
FCC NATIONAL BANK,
Servicer
By /s/ Michael J. Sheahan
----------------------
Title: Vice President
Page 93 of 93
