<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) September 10, 1998
--------------------------------
- --------------------------------------------------------------------------------
FCC National Bank on Behalf of First Chicago Master Trust II
- --------------------------------------------------------------------------------
(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
1 of 84
Exhibit Index on Page 5
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Item 5. Other Events.
- ------
Effective for the June 1998 Due Period, FCC National Bank (the "Bank") will
transfer amounts collected on recoveries of charged off Accounts to First
Chicago Master Trust II (the "Trust"). Any recoveries so transferred will
generally be treated as collections of Finance Charge Receivables. Amounts
treated as recoveries will be included in collections for the July 1998
Distribution Date. Recoveries are generated only from collections received on
Defaulted Receivables which were charged off while included in the assets of the
Trust. The information contained in Exhibit 28 hereto reflects the addition of
the amounts of such recoveries.
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 -
Floating Rate Asset Backed Certificates Series
1993-F, Floating Rate Credit Card Certificates
Series 1993-H, 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 Asset Backed Certificates Series 1996-Q, Floating
Rate Asset Backed Certificates Series 1996-R,
Floating Rate Asset Backed Certificates Series 1996-S, Floating
Rate Asset Backed Certificates Series 1997-T and Floating Rate
Asset Backed Certificates Series 1997-U.
28B. Certificateholder's Payment Date Statement -
First Chicago Master Trust II Floating Rate Asset
Backed Certificates Series 1993-F.
28C. Certificateholder's Payment Date Statement -
First Chicago Master Trust II Floating Rate Credit Card
Certificates Series 1993-H.
28D. Certificateholder's Payment Date Statement-
First Chicago Master Trust II Floating Rate Asset
Backed Certificates Series 1994-J.
2 of 84
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28E. Certificateholder's Payment Date Statement-
First Chicago Master Trust II Floating Rate Credit Card
Certificates Series 1994-K.
28F. Certificateholder's Payment Date Statement-
First Chicago Master Trust II 7.15% Credit Card
Certificates Series 1994-L.
28G. Certificateholder's Payment Date Statement-
First Chicago Master Trust II Floating Rate Credit Card
Certificates Series 1995-M.
28H. Certificateholder's Payment Date Statement-
First Chicago Master Trust II Floating Rate Credit Card
Certificates Series 1995-N.
28I. Certificateholder's Payment Date Statement-
First Chicago Master Trust II Floating Rate Credit Card
Certificates Series 1995-O.
28J. Certificateholder's Payment Date Statement-
First Chicago Master Trust II Floating Rate Credit Card
Certificates Series 1995-P.
28K. Certificateholder's Payment Date Statement-
First Chicago Master Trust II Floating Rate Asset Backed
Certificates Series 1996-Q.
28L. Certificateholder's Payment Date Statement-First Chicago
Master Trust II Floating Rate Asset Backed Certificates
Series 1996-R.
28M. Certificateholder's Payment Date Statement-First Chicago
Master Trust II Floating Rate Asset Backed Certificates
Series 1996-S.
28N. Certificateholder's Payment Date Statement-First Chicago
Master Trust II Floating Rate Asset Backed Certificates
Series 1997-T
28O. Certificateholder's Payment Date Statement-First Chicago
Master Trust II Floating Rate Asset Backed Certificates
Series 1997-U
3 of 84
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
FCC NATIONAL BANK
----------------------------------
Date: September 10, 1998 By /s/ Sharon A. Renchof
--------------------------------
Title: Assistant Secretary
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INDEX TO EXHIBITS
Exhibit Description of
Number Exhibit
- ------- --------------
28A. Monthly Servicer's Certificate -
First Chicago Master Trust II Floating
Rate Asset Backed Certificates Series 1993-F,
Floating Rate Credit Card Certificates
Series 1993-H, 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 Asset
Backed Certificates Series 1996-Q, Floating
Rate Asset Backed Certificates Series
1996-R, Floating Rate Asset Backed
Certificates Series 1996-S,
Floating Rate Asset Backed Certificates Series 1997-T
and Floating Rate Asset Backed Certificates Series 1997-U
28B. Certificateholder's Payment Date
Statement - First Chicago Master
Trust II Floating Rate Asset Backed
Certificates Series 1993-F.
5 of 84
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28C. Certificateholder's Payment Date
Statement - First Chicago Master
Trust II Floating Rate Credit Card
Certificates Series 1993-H.
28D. Certificateholder's Payment Date
Statement - First Chicago Master
Trust II Floating Rate Asset Backed
Certificates Series 1994-J.
28E. Certificateholder's Payment Date
Statement - First Chicago Master
Trust II Floating Rate Credit Card
Certificates Series 1994-K.
28F. Certificateholder's Payment Date
Statement - First Chicago Master
Trust II 7.15% Credit Card
Certificates Series 1994-L.
28G. Certificateholder's Payment Date
Statement - First Chicago Master
Trust II Floating Rate Credit Card
Certificates Series 1995-M.
28H. Certificateholder's Payment Date
Statement - First Chicago Master
Trust II Floating Rate Credit Card
Certificates Series 1995-N.
28I. Certificateholder's Payment Date
Statement - First Chicago Master
Trust II Floating Rate Credit Card
Certificates Series 1995-O.
28J. Certificateholder's Payment Date
Statement - First Chicago Master
Trust II Floating Rate Credit Card
Certificates Series 1995-P.
28K. Certificateholder's Payment Date
Statement - First Chicago Master
Trust II Floating Rate Asset Backed
Certificates Series 1996-Q.
28L. Certificateholder's Payment Date
Statement - First Chicago Master
Trust II Floating Rate Asset Backed
Certificates Series 1996-R.
28M. Certificateholder's Payment Date
Statement - First Chicago Master
Trust II Floating Rate Asset Backed
Certificates Series 1996-S.
28N. Certificateholder's Payment Date
Statement-First Chicago Master
Trust II Floating Rate Asset Backed
Certificates Series 1997-T
28O. Certificateholder's Payment Date
Statement-First Chicago Master
Trust II Floating Rate Asset Backed
Certificates Series 1997-U
6 of 84
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EXHIBIT 28A
MONTHLY SERVICER'S CERTIFICATE
FCC National Bank
----------------------------------------------------------
First Chicago Master Trust II
September 4, 1998
----------------------------------------------------------
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...................................... $4,121,195,243.54
5. (a) The aggregate amount of such Collections
allocated to Principal Receivables for the Due
Period for this Distribution Date was equal to.... $3,887,175,876.90
(b) The aggregate amount of such Collections
allocated to Finance Charge Receivables for
the Due Period for this Distribution Date was
equal to.......................................... $234,019,366.64
6. (a) The aggregate Interchange Amount (which
will be included as Finance Charge Receivables
for all Series) for this Distribution Date was
equal to.......................................... $52,544,556.24
(b) The aggregate Net Recoveries Amount (which
will be included as Finance Charge Receivables
for all Series) for this Distribution Date was
equal to.......................................... $9,287,073.61
7. The Invested Percentage of Collections allocated to
Principal Receivables for the Due Period was equal
to for:
Series 1993 - F ............................ 4.617%
Series 1993 - H ............................ 4.617%
Series 1994 - J ............................ 3.298%
Series 1994 - K ............................ 3.298%
Series 1994 - L ............................ 3.298%
Series 1995 - M ............................ 3.769%
Series 1995 - N ............................ 3.769%
Series 1995 - O ............................ 3.769%
Series 1995 - P ............................ 3.769%
Series 1996 - Q ............................ 6.784%
Series 1996 - R ............................ 3.015%
Series 1996 - S ............................ 5.277%
Series 1997 - T ............................ 4.523%
Series 1997 - U ............................ 3.015%
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8. The Invested Percentage of Collections allocated to Finance Charge
Receivables for the Due Period was equal to for:
Series 1993 - F............................................. 1.539%
Series 1993 - H............................................. 2.309%
Series 1994 - J............................................. 3.298%
Series 1994 - K............................................. 3.298%
Series 1994 - L............................................. 3.298%
Series 1995 - M............................................. 3.769%
Series 1995 - N............................................. 3.769%
Series 1995 - O............................................. 3.769%
Series 1995 - P............................................. 3.769%
Series 1996 - Q............................................. 6.784%
Series 1996 - R............................................. 3.015%
Series 1996 - S............................................. 5.277%
Series 1997 - T............................................. 4.523%
Series 1997 - U............................................. 3.015%
9. The Invested Percentage with respect to the Investor Default Amount for the
Due Period was equal to for:
Series 1993 - F............................................. 1.539%
Series 1993 - H............................................. 2.309%
Series 1994 - J............................................. 3.298%
Series 1994 - K............................................. 3.298%
Series 1994 - L............................................. 3.298%
Series 1995 - M............................................. 3.769%
Series 1995 - N............................................. 3.769%
Series 1995 - O............................................. 3.769%
Series 1995 - P............................................. 3.769%
Series 1996 - Q............................................. 6.784%
Series 1996 - R............................................. 3.015%
Series 1996 - S............................................. 5.277%
Series 1997 - T............................................. 4.523%
Series 1997 - U............................................. 3.015%
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 1993 - F............................................. $0.00
Series 1993 - H............................................. $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
Series 1997 - T............................................. $0.00
Series 1997 - U............................................. $0.00
8 of 84
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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 1993 - F........................................ $7,826.39
Series 1993 - H........................................ $16,566.50
Series 1994 - J........................................ $23,257.89
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
Series 1997 - T........................................ $0.00
Series 1997 - U........................................ $0.00
12. The amount of Monthly Servicing Fee required to be paid on the next
succeeding Distribution Date is equal to for:
Series 1993 - F........................................ $408,333.33
Series 1993 - H........................................ $583,333.33
Series 1994 - J........................................ $833,333.33
Series 1994 - K........................................ $833,333.33
Series 1994 - L........................................ $833,333.33
Series 1995 - M........................................ $952,380.95
Series 1995 - N........................................ $952,380.95
Series 1995 - O........................................ $952,380.95
Series 1995 - P........................................ $952,380.95
Series 1996 - Q........................................ $1,714,285.71
Series 1996 - R........................................ $761,904.77
Series 1996 - S........................................ $1,333,333.34
Series 1997 - T........................................ $1,142,857.14
Series 1997 - U........................................ $761,904.77
13. The aggregate amount payable to Investor Certificateholders on the
succeeding Distribution Date in respect of interest is equal to for:
Series 1993 - F........................................ $1,113,680.56
Series 1993 - H........................................ $1,642,326.39
Series 1994 - J........................................ $2,354,236.11
Series 1994 - K........................................ $2,341,145.83
Series 1994 - L........................................ $2,979,166.67
Series 1995 - M........................................ $2,716,347.14
Series 1995 - N........................................ $2,681,639.21
Series 1995 - O........................................ $2,718,119.36
Series 1995 - P........................................ $2,692,456.66
Series 1996 - Q........................................ $4,806,754.14
Series 1996 - R........................................ $2,117,644.45
Series 1996 - S........................................ $3,749,424.82
Series 1997 - T........................................ $3,178,955.14
Series 1997 - U........................................ $2,136,335.18
9 of 84
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14. The aggregate amount payable to Investor Certificateholders on the
succeeding Distribution Date in respect of principal is equal to for:
Series 1993 - F.................................... $58,333,333.33
Series 1993 - H.................................... $58,333,333.33
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
Series 1997 - T.................................... $0.00
Series 1997 - U.................................... $0.00
15. The excess, if any, of the First Chicago Amount over
the Aggregate Principal Receivables required to be
maintained pursuant to the Agreement.................... $6,546,954,764.49
16. The First Chicago Amount for the Due Period divided
by Aggregate Principal Receivables for the Due Period... 48.569%
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........................... 132,594
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/ James A. Harwood
-------------------------------
Servicing Officer
By: /s/ Charlotte Drevant
-------------------------------
Servicing Officer
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EXHIBIT 28B
CERTIFICATEHOLDERS' PAYMENT DATE STATEMENT
FCC NATIONAL BANK
-------------------------------------------
FIRST CHICAGO MASTER TRUST II
Series 1993 - F
September 4, 1998
-------------------------------------------
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 01, 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 September 15, 1998 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 $1,000 Original Principal Amount.)
1. The total amount of the distribution to
Series 1993 - F Certificateholders on the
Payment Date per $1,000 interest.............................. $84.924
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........................................... $83.333
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...................................................... $1.591
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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................. $502,914,013.94
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....................... $183,714,398.79
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 the Series 1993 - F
Certificates, per $1,000 interest....................... $262.449
d. Excess Principal Collections allocated
in respect of the Series 1993 - F Certificates,
if...................................................... $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)................$15,161,240,483.49
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....................................... $233,333,333.36
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....................................... 1.539%
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........................ 4.617%
e. The Pre-Allocated Invested Amount for
the Due period with respect to the
current Distribution Date............................... $0.00
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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........................................................ $739,234,041.79
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").
a. Investor Default Amount..................................... $1,584,604.15
b. Recoveries.................................................. $142,929.20
c. Net Default Receivables..................................... $1,441,674.95
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........................................... $0.00
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............................... $97,222.22
b. The amount of the Interchange Monthly
Servicing Fee payable to the Servicer
with respect to the current Distribution
Date........................................................ $311,111.11
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
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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.................................................... $30,333,333.34
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................... 25.00000000%
D. Deficit Controlled Amortization Amount.
1. The Deficit Controlled Amortization Amount
for the preceding Due Period.............................. $0.00
FCC National Bank,
Servicer
By /s/ James A. Harwood
---------------------------------------
Title: Vice President
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EXHIBIT 28C
CERTIFICATEHOLDERS' PAYMENT DATE STATEMENT
FCC NATIONAL BANK
------------------------------------
FIRST CHICAGO MASTER TRUST II
Series 1993 - H
September 4, 1998
------------------------------------
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 01, 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 September 15, 1998 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 $1,000 Original Principal Amount.)
1. The total amount of the distribution to
Series 1993 - H Certificateholders on the
Payment Date per $1,000 interest............................ $85.680
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......................................... $83.333
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.................................................... $2.346
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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................ $502,914,013.94
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....................... $185,937,517.97
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 the Series 1993 - H
Certificates, per $1,000 interest...................... $265.625
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)............... 5,161,240,483.49
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...................................... $350,000,000.02
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...................................... 2.309%
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....................... 4.617%
e. The Pre-Allocated Invested Amount for
the Due period with respect to the
current Distribution Date.............................. $0.00
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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.................................................... $739,234,041.79
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").
a. Investor Default Amount................................. $2,376,906.23
b. Recoveries.............................................. $214,393.79
c. Net Default Receivables................................. $2,162,512.44
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....................................... $0.00
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........................... $218,750.00
b. The amount of the Interchange Monthly
Servicing Fee payable to the Servicer
with respect to the current Distribution
Date $364,583.33
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
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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................................................... $45,500,000.00
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
41.66666667%
D. The Deficit Controlled Amortization Amount
1. Deficit Controlled Amortization Amount.
for the preceding Due Period............................. $0.00
FCC National Bank,
Servicer
By /s/ James A. Harwood
----------------------------------------
Title: Vice President
18 of 84
<PAGE>
EXHIBIT 28D
CERTIFICATEHOLDERS' PAYMENT DATE STATEMENT
FCC NATIONAL BANK
- --------------------------------------------------------------------------------
FIRST CHICAGO MASTER TRUST II
Series 1994 - J
September 4, 1998
- --------------------------------------------------------------------------------
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 01, 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 September 15, 1998 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 $1,000 Original Principal Amount).
1. The total amount of the distribution to
Series 1994 - J Certificateholders on the
Payment Date per $1,000 interest................................ $4.708
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........................................................ $4.708
19 of 84
<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............. $502,914,013.94
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.................... $9,235,986.93
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 the Series 1994 - J
Certificates, per $1,000 interest................... $18.472
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)............ $15,161,240,483.49
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................................... 3.298%
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.................... 3.298%
20 of 84
<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.......................... $739,234,041.79
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").
a. Investor Default Amount................................ $3,395,580.32
b. Recoveries............................................. $306,276.85
c. Net Default Receivables................................ $3,089,303.47
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.......................... $0.00
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
21 of 84
<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 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/ James A. Harwood
-----------------------------
Title: Vice President
22 of 84
<PAGE>
EXHIBIT 28E
CERTIFICATEHOLDERS' PAYMENT DATE STATEMENT
FCC NATIONAL BANK
------------------------------------------
FIRST CHICAGO MASTER TRUST II
Series 1994 - K
September 4, 1998
------------------------------------------
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 01, 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 September 15, 1998 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 $1,000 Original Principal Amount).
1. The total amount of the distribution to
Series 1994 - K Certificateholders on the
Payment Date per $1,000 interest............................. $4.682
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..................................................... $4.682
23 of 84
<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............... $502,914,013.94
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...................... $9,235,986.93
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 the Series 1994 - K
Certificates, per $1,000 interest..................... $18.472
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).............. $15,161,240,483.49
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..................................... 3.298%
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....................... 3.298%
24 of 84
<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................................................... $739,234,041.79
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").
a. Investor Default Amount................................ $3,395,580.32
b. Recoveries............................................. $306,276.85
c. Net Default Receivables................................ $3,089,303.47
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.............................. $0.00
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
25 of 84
<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/ James A. Harwood
-----------------------
Title: Vice President
26 of 84
<PAGE>
EXHIBIT 28F
CERTIFICATEHOLDERS' PAYMENT DATE STATEMENT
FCC NATIONAL BANK
------------------------------------------
FIRST CHICAGO MASTER TRUST II
Series 1994 - L
September 4, 1998
------------------------------------------
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 01, 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 September 15, 1998 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 $1,000 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
27 of 84
<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............... $502,914,013.94
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...................... $9,235,986.93
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 the Series 1994 - L
Certificates, per $1,000 interest..................... $18.472
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).............. $15,161,240,483.49
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..................................... 3.298%
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...................... 3.298%
28 of 84
<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.................................................. $739,234,041.79
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").
a. Investor Default Amount............................... $3,395,580.32
b. Recoveries............................................ $306,276.85
c. Net Default Receivables............................... $3,089,303.47
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..................................... $0.00
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
29 of 84
<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/ James A. Harwood
-------------------------
Title: Vice President
30 of 84
<PAGE>
EXHIBIT 28G
CERTIFICATEHOLDERS' PAYMENT DATE STATEMENT
FCC NATIONAL BANK
---------------------------------------------------
FIRST CHICAGO MASTER TRUST II
Series 1995 - M
September 4, 1998
---------------------------------------------------
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 01, 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 September 15, 1998 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 $1,000 Original Principal Amount).
1. The total amount of the distribution to
Class A Certificateholders on the
Payment Date per $1,000 interest................. $4.737
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............................... $4.737
31 of 84
<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............. $502,914,013.94
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.................... $10,555,413.64
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.............. $9,235,986.93
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................... $18.472
e. The amount of Excess Spread for the Due
Period with respect to the current
Distribution Date................................... $4,434,103.38
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)............ $15,161,240,483.49
32 of 84
<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..................................... 3.769%
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...................... 3.769%
f. The Class A Floating Percentage for the
Due Period with respect to the current
Distribution Date..................................... 87.50%
g. The Class A Principal Percentage for the
Due Period with respect to the current
Distribution Date..................................... 87.50%
h. The Collateral Floating Percentage for the
Due Period with respect to the current
Distribution Date..................................... 12.50%
i. The Collateral Principal Percentage for the
Due Period with respect to the current
Distribution Date..................................... 12.50%
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..................... $739,234,041.79
33 of 84
<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")
1. Investor Default Amount............................ $3,880,663.22
2. Recoveries......................................... $350,030.68
3. Net Default Receivables............................ $3,530,632.54
b. The Class A Investor Default Amount
1. Investor Default Amount............................ $3,395,580.32
2. Recoveries......................................... $306,276.85
3. Net Default Receivables............................ $3,089,303.47
c. The Collateral Investor Default Amount
1. Investor Default Amount............................ $485,082.90
2. Recoveries......................................... $43,753.83
3. Net Default Receivables............................ $441,329.07
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
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<PAGE>
b. The amount of the Interchange Monthly
Servicing Fee payable to the Servicer
with respect to the current Distribution
Date.................................................... $595,238.09
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
35 of 84
<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/ James A. Harwood
------------------------------
Title: Vice President
36 of 84
<PAGE>
EXHIBIT 28H
CERTIFICATEHOLDERS' PAYMENT DATE STATEMENT
FCC NATIONAL BANK
- --------------------------------------------------------------------------------
FIRST CHICAGO MASTER TRUST II
Series 1995 - N
September 4, 1998
- --------------------------------------------------------------------------------
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 01, 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 September 15, 1998 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.
<TABLE>
<CAPTION>
<S> <C>
A. Information Regarding the Current Distribution
(Stated on the Basis of $1,000 Original Principal Amount).
1. The total amount of the distribution to
Class A Certificateholders on the
Payment Date per $1,000 interest.............................. $4.673
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................. $4.673
</TABLE>
37 of 84
<PAGE>
<TABLE>
<S> <C>
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........... $502,914,013.94
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.................. $10,555,413.64
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............ $9,235,986.93
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................. $18.472
e. The amount of Excess Spread for the Due
Period with respect to the current
Distribution Date................................. $4,466,325.60
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).......... $15,161,240,483.49
</TABLE>
38 of 84
<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................................. 3.769%
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.................. 3.769%
f. The Class A Floating Percentage for the
Due Period with respect to the current
Distribution Date................................. 87.50%
g. The Class A Principal Percentage for the
Due Period with respect to the current
Distribution Date................................. 87.50%
h. The Collateral Floating Percentage for the
Due Period with respect to the current
Distribution Date................................. 12.50%
i. The Collateral Principal Percentage for the
Due Period with respect to the current
Distribution Date................................. 12.50%
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.............................................. $739,234,041.79
39 of 84
<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")
1. Investor Default Amount........................ $3,880,663.22
2. Recoveries..................................... $350,030.68
3. Net Default Receivables........................ $3,530,632.54
b. The Class A Investor Default Amount
1. Investor Default Amount........................ $3,395,580.32
2. Recoveries..................................... $306,276.85
3. Net Default Receivables........................ $3,089,303.47
c. The Collateral Investor Default Amount
1. Investor Default Amount........................ $485,082.90
2. Recoveries..................................... $43,753.83
3. Net Default Receivables........................ $441,329.07
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
40 of 84
<PAGE>
b. The amount of the Interchange Monthly
Servicing Fee payable to the Servicer
with respect to the current Distribution
Date.............................................. $595,238.09
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
41 of 84
<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/ James A. Harwood
------------------------------------
Title: Vice President
42 of 84
<PAGE>
EXHIBIT 28I
CERTIFICATEHOLDERS' PAYMENT DATE STATEMENT
FCC NATIONAL BANK
- --------------------------------------------------------------------------------
FIRST CHICAGO MASTER TRUST II
Series 1995 - O
September 4, 1998
- --------------------------------------------------------------------------------
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 01, 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 September 15, 1998 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 $1,000 Original Principal Amount).
1. The total amount of the distribution to
Class A Certificateholders on the
Payment Date per $1,000 interest............................... $4.729
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.................. $4.729
43 of 84
<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............. $502,914,013.94
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.................... $10,555,413.64
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.............. $9,235,986.93
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................................. $18.472
e. The amount of Excess Spread for the Due
Period with respect to the current
Distribution Date................................... $4,438,131.15
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)............ $15,161,240,483.49
44 of 84
<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...................................... 3.769%
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....................... 3.769%
f. The Class A Floating Percentage for the
Due Period with respect to the current
Distribution Date...................................... 87.50%
g. The Class A Principal Percentage for the
Due Period with respect to the current
Distribution Date...................................... 87.50%
h. The Collateral Floating Percentage for the
Due Period with respect to the current
Distribution Date...................................... 12.50%
i. The Collateral Principal Percentage for the
Due Period with respect to the current
Distribution Date...................................... 12.50%
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................................................... $739,234,041.79
45 of 84
<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")
1. Investor Default Amount............................. $3,880,663.22
2. Recoveries.......................................... $350,030.68
3. Net Default Receivables............................. $3,530,632.54
b. The Class A Investor Default Amount
1. Investor Default Amount............................. $3,395,580.32
2. Recoveries.......................................... $306,276.85
3. Net Default Receivables............................. $3,089,303.47
c. The Collateral Investor Default Amount
1. Investor Default Amount............................. $485,082.90
2. Recoveries.......................................... $43,753.83
3. Net Default Receivables............................. $441,329.07
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
46 of 84
<PAGE>
b. The amount of the Interchange Monthly
Servicing Fee payable to the Servicer
with respect to the current Distribution
Date................................................... $595,238.09
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
47 of 84
<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/ James A. Harwood
-----------------------------
Title: Vice President
48 of 84
<PAGE>
Exhibit 28J
CERTIFICATEHOLDERS' PAYMENT DATE STATEMENT
FCC NATIONAL BANK
- --------------------------------------------------------------------------------
FIRST CHICAGO MASTER TRUST II
Series 1995 - P
September 4, 1998
- --------------------------------------------------------------------------------
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 01, 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 September 15, 1998 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 $1,000 Original Principal Amount).
1. The total amount of the distribution to
Class A Certificateholders on the
Payment Date per $1,000 interest....................... $4.689
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.......... $4.689
49 of 84
<PAGE>
<TABLE>
<S> <C>
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........... $502,914,013.94
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.................. $10,555,413.64
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............ $9,235,986.93
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................. $18.472
e. The amount of Excess Spread for the Due
Period with respect to the current
Distribution Date................................. $4,458,270.04
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).......... $15,161,240,483.49
</TABLE>
50 of 84
<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.......................................... 3.769%
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........................... 3.769%
f. The Class A Floating Percentage for the
Due Period with respect to the current
Distribution Date.......................................... 87.50%
g. The Class A Principal Percentage for the
Due Period with respect to the current
Distribution Date.......................................... 87.50%
h. The Collateral Floating Percentage for the
Due Period with respect to the current
Distribution Date.......................................... 12.50%
i. The Collateral Principal Percentage for the
Due Period with respect to the current
Distribution Date.......................................... 12.50%
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....................................................... $739,234,041.79
51 of 84
<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")
1. Investor Default Amount................................ $3,880,663.22
2. Recoveries............................................. $350,030.68
3. Net Default Receivables................................ $3,530,632.54
b. The Class A Investor Default Amount
1. Investor Default Amount................................ $3,395,580.32
2. Recoveries............................................. $306,276.85
3. Net Default Receivables................................ $3,089,303.47
c. The Collateral Investor Default Amount
1. Investor Default Amount................................ $485,082.90
2. Recoveries............................................. $43,753.83
3. Net Default Receivables................................ $441,329.07
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
52 of 84
<PAGE>
<TABLE>
<S> <C>
b. The amount of the Interchange Monthly
Servicing Fee payable to the Servicer
with respect to the current Distribution
Date................................................. $595,238.09
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 with-
drawals, 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 re-
ductions thereof on the current Dist-
ribution 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 ef-
fect to all withdrawals, deposits and
payments on the current Distribution
Date................................................. $77,142,858.00
</TABLE>
53 of 84
<PAGE>
<TABLE>
<S> <C>
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
</TABLE>
FCC National Bank,
Servicer
By /s/ James A. Harwood
----------------------
Title: Vice President
54 of 84
<PAGE>
EXHIBIT 28K
CERTIFICATEHOLDERS' PAYMENT DATE STATEMENT
FCC NATIONAL BANK
- -------------------------------------------------------------------------------
FIRST CHICAGO MASTER TRUST II
Series 1996 - Q
September 4, 1998
- -------------------------------------------------------------------------------
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 01, 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 September 15, 1998 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.
<TABLE>
<S> <C>
A. Information Regarding the Current Distribution
(Stated on the Basis of $1,000 Original Principal Amount).
1. The total amount of the distribution to
Class A Certificateholders on the
Payment Date per $1,000 interest............................ $4.649
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............... $4.649
</TABLE>
55 of 84
<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.......... $502,914,013.94
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................. $18,999,744.55
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......................... $16,624,776.47
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.......................... $18.472
e. The amount of Excess Spread for the Due
Period with respect to the current
Distribution Date............................ $8,061,136.07
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)..... $15,161,240,483.49
56 of 84
<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.................................... 6.784%
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..................... 6.784%
f. The Class A Floating Percentage for the
Due Period with respect to the current
Distribution Date.................................... 87.50%
g. The Class A Principal Percentage for the
Due Period with respect to the current
Distribution Date.................................... 87.50%
h. The Collateral Floating Percentage for the
Due Period with respect to the current
Distribution Date.................................... 12.50%
i. The Collateral Principal Percentage for the
Due Period with respect to the current
Distribution Date.................................... 12.50%
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................................................. $739,234,041.79
57 of 84
<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")
1. Investor Default Amount.............................. $6,985,193.82
2. Recoveries........................................... $630,055.21
3. Net Default Receivables.............................. $6,355,138.61
b. The Class A Investor Default Amount
1. Investor Default Amount.............................. $6,112,044.59
2. Recoveries........................................... $551,298.31
3. Net Default Receivables.............................. $5,560,746.28
c. The Collateral Investor Default Amount
1. Investor Default Amount.............................. $873,149.23
2. Recoveries........................................... $78,756.90
3. Net Default Receivables.............................. $794,392.33
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
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<PAGE>
<TABLE>
<S> <C>
b. The amount of the Interchange Monthly
Servicing Fee payable to the Servicer
with respect to the current Distribution
Date................................................. $1,071,428.57
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 with-
drawals, 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 re-
ductions thereof on the current Dist-
ribution 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 ef-
fect to all withdrawals, deposits and
payments on the current Distribution
Date................................................. $138,857,143.00
</TABLE>
59 of 84
<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/ James A. Harwood
--------------------------
Title: Vice President
60 of 84
<PAGE>
EXHIBIT 28L
CERTIFICATEHOLDERS' PAYMENT DATE STATEMENT
FCC NATIONAL BANK
- -------------------------------------------------------------------------------
FIRST CHICAGO MASTER TRUST II
Series 1996 - R
September 4, 1998
- -------------------------------------------------------------------------------
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 01, 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 September 15, 1998 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.
<TABLE>
<S> <C>
A. Information Regarding the Current Distribution
(Stated on the Basis of $1,000 Original Principal Amount).
1. The total amount of the distribution to
Class A Certificateholders on the
Payment Date per $1,000 interest............................ $4.600
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............... $4.600
</TABLE>
61 of 84
<PAGE>
<TABLE>
<S> <C>
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........... $502,914,013.94
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.................. $8,444,330.93
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............ $7,388,789.55
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................. $18.472
e. The amount of Excess Spread for the Due
Period with respect to the current
Distribution Date................................. $3,602,060.49
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).......... $15,161,240,483.49
</TABLE>
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<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......................................... 3.015%
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.......................... 3.015%
f. The Class A Floating Percentage for the
Due Period with respect to the current
Distribution Date......................................... 87.50%
g. The Class A Principal Percentage for the
Due Period with respect to the current
Distribution Date......................................... 87.50%
h. The Collateral Floating Percentage for the
Due Period with respect to the current
Distribution Date......................................... 12.50%
i. The Collateral Principal Percentage for the
Due Period with respect to the current
Distribution Date......................................... 12.50%
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...................................................... $739,234,041.79
63 of 84
<PAGE>
<TABLE>
<CAPTION>
<S> <C>
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")
1. Investor Default Amount............................. $3,104,530.59
2. Recoveries.......................................... $280,024.54
3. Net Default Receivables............................. $2,824,506.05
b. The Class A Investor Default Amount
1. Investor Default Amount............................. $2,716,464.26
2. Recoveries.......................................... $245,021.47
3. Net Default Receivables............................. $2,471,442.79
c. The Collateral Investor Default Amount
1. Investor Default Amount............................. $388,066.33
2. Recoveries.......................................... $35,003.07
3. Net Default Receivables............................. $353,063.26
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..................................................... $285,714.29
</TABLE>
64 of 84
<PAGE>
<TABLE>
<CAPTION>
<S> <C>
b. The amount of the Interchange Monthly
Servicing Fee payable to the Servicer
with respect to the current Distribution
Date....................................................... $476,190.48
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
</TABLE>
65 of 84
<PAGE>
<TABLE>
<CAPTION>
<S> <C>
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
</TABLE>
FCC National Bank,
Servicer
By /s/ James A. Harwood
----------------------
Title: Vice President
66 of 84 pages
<PAGE>
EXHIBIT 28M
CERTIFICATEHOLDERS' PAYMENT DATE STATEMENT
FCC NATIONAL BANK
---------------------------------------------------
FIRST CHICAGO MASTER TRUST II
Series 1996 - S
September 4, 1998
---------------------------------------------------
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 01, 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 September 15, 1998 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 $1,000 Original Principal Amount).
1. The total amount of the distribution to
Class A Certificateholders on the
Payment Date per $1,000 interest.................. $4.645
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............................... $4.645
67 of 84
<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........... $502,914,013.94
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.................. $14,777,579.07
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............ $12,930,381.67
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................. $18.472
e. The amount of Excess Spread for the Due
Period with respect to the current
Distribution Date................................. $6,272,591.93
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).......... $15,161,240,483.49
68 of 84
<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..................................... 5.277%
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...................... 5.277%
f. The Class A Floating Percentage for the
Due Period with respect to the current
Distribution Date..................................... 87.50%
g. The Class A Principal Percentage for the
Due Period with respect to the current
Distribution Date..................................... 87.50%
h. The Collateral Floating Percentage for the
Due Period with respect to the current
Distribution Date..................................... 12.50%
i. The Collateral Principal Percentage for the
Due Period with respect to the current
Distribution Date..................................... 12.50%
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.................................................. $739,234,041.79
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<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")
1. Investor Default Amount.............................. $5,432,928.52
2. Recoveries........................................... $490,042.94
3. Net Default Receivables.............................. $4,942,885.58
b. The Class A Investor Default Amount
1. Investor Default Amount.............................. $4,753,812.45
2. Recoveries........................................... $428,787.57
3. Net Default Receivables.............................. $4,325,024.88
c. The Collateral Investor Default Amount
1. Investor Default Amount.............................. $679,116.07
2. Recoveries........................................... $61,255.37
3. Net Default Receivables.............................. $617,860.70
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
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<PAGE>
b. The amount of the Interchange Monthly Servicing
Fee payable to the Servicer with respect to the
current Distribution Date.............................. $833,333.34
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
71 of 84
<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/ James A. Harwood
--------------------------------
Title: Vice President
72 of 84
<PAGE>
EXHIBIT 28N
CERTIFICATEHOLDERS' PAYMENT DATE STATEMENT
FCC NATIONAL BANK
---------------------------------------------------
FIRST CHICAGO MASTER TRUST II
Series 1997 - T
September 4, 1998
---------------------------------------------------
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 1997 - T Supplement dated as of October 01, 1997 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 September 15, 1998 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 $1,000 Original Principal Amount).
1. The total amount of the distribution to
Class A Certificateholders on the
Payment Date per $1,000 interest...................... $4.600
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................................... $4.600
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<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........... $502,914,013.94
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 1997 - T Certificates.................. $12,666,496.35
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............ $11,083,184.31
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................. $18.472
e. The amount of Excess Spread for the Due
Period with respect to the current
Distribution Date................................. $5,403,090.70
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 1997 - T Certificates, if any.............. $0.00
h. The amount of Excess Principal Collections
allocated in respect of
the Series 1997 - T 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).......... $15,161,240,483.49
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<PAGE>
b. The amount of Principal Receivables in
the Trust represented by the Series 1997 - T
Certificates (the "Adjusted Invested Amount") for
the Due Period with respect to the current
Distribution Date......................................... $685,714,286.00
c. The amount of Principal Receivables
in the Trust represented by the Class A
Certificates (the "Class A Adjusted Invested Amount")
for the Due Period with respect to the
current Distribution Date................................. $600,000,000.00
d. The Invested Amount for the Due Period
with respect to the current Distribution Date............. $685,714,286.00
e. The Class A Invested Amount for the Due
Period with respect to the current
Distribution Date......................................... $600,000,000.00
f. The Invested Percentage with respect to
Finance Charge Receivables (including
Interchange) and Defaulted Receivables for
the Series 1997 - T Certificates for the Due
Period with respect to the current
Distribution Date......................................... 4.523%
g. The Invested Percentage with respect to
Principal Receivables for the Series 1997 - T
Certificates for the Due Period with respect
to the current Distribution Date.......................... 4.523%
i. The Class A Floating Percentage for the
Due Period with respect to the current
Distribution Date......................................... 87.50%
h. The Class A Principal Percentage for the
Due Period with respect to the current
Distribution Date......................................... 87.50%
j. The Collateral Floating Percentage for the
Due Period with respect to the current
Distribution Date......................................... 12.50%
k. The Collateral Principal Percentage for the
Due Period with respect to the current
Distribution Date......................................... 12.50%
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...................................................... $739,234,041.79
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<PAGE>
<TABLE>
<CAPTION>
<S> <C>
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 1997 - T
Certificates (the "Investor Default Amount").
1. Investor Default Amount................................. $4,656,795.87
2. Recoveries.............................................. $420,036.80
3. Net Default Receivables................................. $4,236,759.07
b. The Class A Investor Default Amount
1. Investor Default Amount................................. $4,074,696.39
2. Recoveries.............................................. $367,532.20
3. Net Default Receivables................................. $3,707,164.19
c. The Collateral Investor Default Amount
1. Investor Default Amount.................................. $582,099.48
2. Recoveries............................................... $52,504.60
3. Net Default Receivables.................................. $529,594.88
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 Adjusted 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......................................................... $428,571.43
</TABLE>
76 of 84
<PAGE>
<TABLE>
<CAPTION>
<S> <C>
b. The amount of the Interchange Monthly
Servicing Fee payable to the Servicer
with respect to the current Distribution
Date....................................................... $714,285.71
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)...................................................... $6,857,143.00
c. The amount as computed in 7.b as a
percentage of the Class A Adjusted 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.................................. $85,714,286.00
b. The Collateral Invested Amount after
giving effect to all withdrawals,
deposits, and payments on the current
Distribution Date.......................................... $85,714,286.00
9. Total Enhancement.
a. The total Enhancement for the current
Distribution Date.......................................... $92,571,429.00
b. The total Enhancement after giving effect
to all withdrawals, deposits and payments
on the current Distribution Date........................... $92,571,429.00
</TABLE>
77 of 84
<PAGE>
<TABLE>
<CAPTION>
<S> <C>
C. The Pool Factor.
The Pool Factor (which represents the ratio
of the Class A Adjusted 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. Principal Funding Account.
1. The Principal Funding Investment Proceeds
deposited in the Collection Account for the
current Distribution Date to be treated as
Class A Available Funds................................. $0.00
2. The Excess Principal Funding Investment
Proceeds for the current Distribution Date.............. $0.00
3. The Principal Funding Account Balance as of
the end of day on the current Distribution
Date.................................................... $0.00
4. The Deficit Controlled Accumulation Amount
for the preceding Due Period............................ $0.00
E. Reserve Account.
1. The Reserve Draw Amount for the current
Distribution Date........................................ $0.00
2. The amount on deposit in the Reserve Account
as of the end of the day on the current
Distribution Date (the "Available Reserve
Account Amount" for the next Distribution Date).......... $0.00
</TABLE>
FCC National Bank,
Servicer
By /s/ James A. Harwood
--------------------
Title: Vice President
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<PAGE>
Exhibit 280
CERTIFICATEHOLDERS' PAYMENT DATE STATEMENT
FCC NATIONAL BANK
- --------------------------------------------------------------------------------
FIRST CHICAGO MASTER TRUST II
Series 1997 - U
September 4, 1998
- --------------------------------------------------------------------------------
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 1997 - U
Supplement dated as of October 01, 1997 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 September 15, 1998 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.
<TABLE>
<CAPTION>
<S> <C>
A. Information Regarding the Current Distribution
(Stated on the Basis of $1,000 Original Principal Amount).
1. The total amount of the distribution to
Class A Certificateholders on the
Payment Date per $1,000 interest............................. $4.636
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.......................................... $4.636
</TABLE>
79 of 84
<PAGE>
<TABLE>
<CAPTION>
<S> <C>
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............ $502,914,013.94
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 1997 - U Certificates................... $8,444,330.93
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............. $7,388,789.55
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.................. $18.472
e. The amount of Excess Spread for the Due
Period with respect to the current
Distribution Date.................................. $3,587,560.49
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 Principal Collections
allocated in respect of the Series 1997 - U
Certificates, if any............................... $0.00
h. The amount of Excess Finance Charge
Collections allocated in respect of the
Series 1997 - U 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)........... $15,161,240,483.49
</TABLE>
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<PAGE>
b. The amount of Principal Receivables in
the Trust represented by the Series 1997 - U
Certificates (the "Adjusted 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 Adjusted Invested Amount")
for the Due Period with respect to the
current Distribution Date.................................. $400,000,000.00
d. The Invested Amount for the Due Period
with respect to the current Distribution Date.............. $457,142,858.00
e. The Class A Invested Amount for the Due
Period with respect to the current
Distribution Date.......................................... $400,000,000.00
f. The Invested Percentage with respect to
Finance Charge Receivables (including
Interchange) and Defaulted Receivables for
the Series 1997 - U Certificates for the Due
Period with respect to the current
Distribution Date.......................................... 3.015%
g. The Invested Percentage with respect to
Principal Receivables for the Series 1997 - U
Certificates for the Due Period with respect
to the current Distribution Date........................... 3.015%
h. The Class A Floating Percentage for the
Due Period with respect to the current
Distribution Date.......................................... 87.50%
i. The Class A Principal Percentage for the
Due Period with respect to the current
Distribution Date.......................................... 87.50%
j. The Collateral Floating Percentage for the
Due Period with respect to the current
Distribution Date.......................................... 12.50%
k. The Collateral Principal Percentage for the
Due Period with respect to the current
Distribution Date.......................................... 12.50%
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....................................................... 739,234,041.79
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<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 1997 - U
Certificates (the "Investor Default Amount")
1. Investor Default Amount.................................. $3,104,530.59
2. Recoveries............................................... $280,024.54
3. Net Default Receivables.................................. $2,824,506.05
b. The Class A Investor Default Amount
1. Investor Default Amount.................................. $2,716,464.26
2. Recoveries............................................... $245,021.47
3. Net Default Receivables.................................. $2,471,442.79
c. The Collateral Investor Default Amount
1. Investor Default Amount.................................. $388,066.33
2. Recoveries............................................... $35,003.07
3. Net Default Receivables.................................. $353,063.26
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 Adjusted 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
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<PAGE>
b. The amount of the Interchange Monthly
Servicing Fee payable to the Servicer
with respect to the current Distribution
Date....................................................... $476,190.48
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 Adjusted 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
83 of 84
<PAGE>
C. The Pool Factor.
The Pool Factor (which represents the ratio
of the Class A Adjusted 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. Principal Funding Account.
1. The Principal Funding Investment Proceeds
deposited in the Collection Account for the
current Distribution Date to be treated as
Class A Available Funds................................ $0.00
2. The Excess Principal Funding Investment
Proceeds for the current Distribution Date............. $0.00
3. The Principal Funding Account Balance as of
the end of day on the current Distribution
Date................................................... $0.00
4. The Deficit Controlled Accumulation Amount
for the preceding Due Period........................... $0.00
E. Reserve Account.
1. The Reserve Draw Amount for the current
Distribution Date...................................... $0.00
2. The amount on deposit in the Reserve Account
as of the end of the day on the current
Distribution Date (the "Available Reserve
Account Amount" for the next Distribution Date)........ $0.00
FCC National Bank,
Servicer
By /s/ James A. Harwood
--------------------------------
Title: Vice President
84 of 84
