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Previous: COHEN & STEERS REALTY INCOME FUND INC, N-30B-2, 1998-05-08 |
Next: CHASE MANHATTAN BANK /NY/, 8-K, 1998-05-08 |
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report: January 25, 1998
CHASE CREDIT CARD MASTER TRUST
(formerly known as "Chemical Master Credit Card Trust I"
Series 1995-4
------------------------------------------------------------------
(Issuer of Securities)
THE CHASE MANHATTAN BANK (formerly known as 'Chemical Bank')
(Sponsor of the Trust)
(Exact name of registrant as specified in its charter)
New York 33-94190 13-4994650
--------------- ------------- ---------------
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
270 Park Avenue, New York 10017
---------------------------------------- ----------
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (212) 270-6000
<PAGE>
Item 5. Other Events.
-------------
On or about January 25, 1998 interest with respect to the October, November
and December Monthly Periods, as defined in the Pooling and Servicing Agreement
dated as of October 19, 1995 (the "Agreement") between The Chase Manhattan Bank
(formerly known as 'Chemical Bank') and The Bank of New York, as Trustee
(the "Trustee"), was distributed to holders ("Certificateholders") of
participations in the Chase Credit Card Master Trust (formerly known as
"Chemical Master Credit Card Trust I") for Series 1995-4 in accordance with the
Agreement. Copies of the applicable Monthly Reports, as defined in the
Agreement, have been furnished to each Certificateholders in accordance with
the Agreement. Copies of those Monthly Reports are being filed as exhibit
20.1 to this Current Report on Form 8-K.
Item 7(c). Exhibits
--------
Exhibit No. Description
----------- -----------
20.1 Monthly Reports with respect to the
October, November and December Monthly
Periods
<PAGE>
SIGNATURES
----------
Pursuant to the requirements of the Securities and Exchange Act of
1934, the registrant has caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
THE CHASE MANHATTAN BANK
As Servicer
By: /s/Patrick Margey
--------------------
Name: Patrick Margey
Title: Vice President
Dated: May 7, 1998
<PAGE>
INDEX TO EXHIBITS
-----------------
Exhibit No. Description
---------- -----------
20.1 Monthly Reports with respect to the
October, November and December 1997
Monthly Periods
<TABLE>
- ------------------------------------------------------------------------------------------------------------------------------------
Chase Bank - Retail Card Services Group Monthly Report - October
Certificateholders' Statement Chase Credit Card Master Trust
Series 1995-4
<CAPTION>
Section 5.2 - Supplement Class A Class B Collateral Total
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
(i) Monthly Principal Distributed 0.00 0.00 0.00 0.00
(ii) Monthly Interest Distributed 4,537,708.33 330,684.63 143,132.81 5,011,525.77
Deficiency Amounts 0.00 0.00 0.00
Additional Interest 0.00 0.00 0.00
Accrued and Unpaid Interest 0.00 0.00
(iii) Collections of Principal Receivables 31,568,179.06 2,254,809.80 3,758,176.68 37,581,165.54
(iv) Collections of Finance Charge Receivables 4,906,860.56 350,480.69 584,159.41 5,841,500.67 5,841,500.67
(v) Aggregate Amount of Principal Receivables 13,206,626,489.54
Investor Interest 300,000,000.00 21,428,000.00 35,714,857.14 357,142,857.14
Adjusted Interest 300,000,000.00 21,428,000.00 35,714,857.14 357,142,857.14
Series
Floating Investor Percentage 2.70% 84.00% 6.00% 10.00% 100.00%
Fixed Investor Percentage 2.70% 84.00% 6.00% 10.00% 100.00%
(vi) Receivables Delinquent (As % of Total Receivables)
Current 94.74%
30 to 59 days 1.75%
60 to 89 days 1.21%
90 or more days 2.30%
-----------------
Total Receivables 100.00%
(vii) Investor Default Amount 1,784,854.39 127,486.20 212,486.07 2,124,826.65
(viii) Investor Charge-Offs 0.00 0.00 0.00 0.00
(ix) Reimbursed Investor Charge-Offs/Reductions 0.00 0.00 0.00
(x) Servicing Fee 250,000.00 17,856.67 29,762.38 297,619.05
(xi) Portfolio Yield (Net of Defaulted Receivables) 12.49%
(xii) Reallocated Monthly Principal 0.00 0.00 0.00
(xiii) Closing Investor Interest (Class A Adjusted) 300,000,000.00 21,428,000.00 35,714,857.14 357,142,857.14
(xiv) LIBOR 5.7188%
(xv) Principal Funding Account Balance 0.00
(xvi) Accumulation Shortfall 0.00
(xvii) Principal Funding Investment Proceeds 0.00
(xviii)Principal Investment Funding Shortfall
(xix) Interest Funding Account Investment Proceeds 11,460.04 835.15
=================
(xx) Available Funds 7,775,664.35 559,906.26 554,397.03 8,889,967.64
(xxi) Certificate Rate 5.9188% 6.0388% 6.1813%
- -----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
Chase Bank - Retail Card Services Group Monthly Report - November
Certificateholders' Statement Chase Credit Card Master Trust
Series 1995-4
<CAPTION>
Section 5.2 - Supplement Class A Class B Collateral Total
<S> <C> <C> <C> <C>
(i) Monthly Principal Distributed 0 0 0 0
(ii) Monthly Interest Distributed 0 0 172,417.49 172,417.49
Deficiency Amounts 0 0 0
Additional Interest 0 0 0
Accrued and Unpaid Interest 0 0
(iii) Collections of Principal Receivables 27,747,324.96 1,981,898.93 3,303,305.82 33,032,529.71
(iv) Collections of Finance Charge Receivables 4,162,512.72 297,314.41 495,545.16 4,955,372.29 4,955,372.29
(v) Aggregate Amount of Principal Receivables 13,188,092,616.78
Investor Interest 300,000,000.00 21,428,000.00 35,714,857.14 357,142,857.14
Adjusted Interest 300,000,000.00 21,428,000.00 35,714,857.14 357,142,857.14
Series
Floating Investor Percentage 2.71% 84.00% 6.00% 10.00% 100.00%
Fixed Investor Percentage 2.71% 84.00% 6.00% 10.00% 100.00%
(vi) Receivables Delinquent (As % of Total Receivables)
Current 94.69%
30 to 59 days 1.72%
60 to 89 days 1.23%
90 or more days 2.36%
Total Receivables 100.00%
(vii) Investor Default Amount 1,892,939.16 135,206.33 225,353.51 2,253,499.00
(viii) Investor Charge-Offs 0 0 0 0
(ix) Reimbursed Investor Charge-Offs/Reductions 0 0 0
(x) Servicing Fee 250,000.00 17,856.67 29,762.38 297,619.05
(xi) Portfolio Yield (Net of Defaulted Receivables) 9.08%
(xii) Reallocated Monthly Principal 0 0 0
(xiii) Closing Investor Interest (Class A Adjusted) 300,000,000.00 21,428,000.00 35,714,857.14 357,142,857.14
(xiv) LIBOR 5.88%
(xv) Principal Funding Account Balance 0
(xvi) Accumulation Shortfall 0
(xvii) Principal Funding Investment Proceeds 0
(xviii) Principal Investment Funding Shortfall
(xix) Interest Funding Account Investment Proceeds 0 0
(xx) Available Funds 3,912,512.72 279,457.74 465,782.78 4,657,753.24
(xxi) Certificate Rate 6.08% 6.20% 6.21%
</TABLE>
<PAGE>
<TABLE>
- ------------------------------------------------------------------------------------------------------------------------------------
Chase Bank - Retail Card Services Group Monthly Report - December
Certificateholders' Statement Chase Credit Card Master Trust
Series 1995-4
<CAPTION>
Section 5.2 - Supplement Class A Class B Collateral Total
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
(i) Monthly Principal Distributed 0.00 0.00 0.00 0.00
(ii) Monthly Interest Distributed 0.00 0.00 198,475.75 198,475.75
Deficiency Amounts 0.00 0.00 0.00
Additional Interest 0.00 0.00 0.00
Accrued and Unpaid Interest 0.00 0.00
(iii) Collections of Principal Receivables 32,194,763.36 2,299,564.63 3,832,771.25 38,327,099.23
(iv) Collections of Finance Charge Receivables 4,849,907.92 346,412.76 577,379.23 5,773,699.91 5,773,699.91
(v) Aggregate Amount of Principal Receivables 13,590,636,764.41
Investor Interest 300,000,000.00 21,428,000.00 35,714,857.14 357,142,857.14
Adjusted Interest 300,000,000.00 21,428,000.00 35,714,857.14 357,142,857.14
Series
Floating Investor Percentage 2.63% 84.00% 6.00% 10.00% 100.00%
Fixed Investor Percentage 2.63% 84.00% 6.00% 10.00% 100.00%
(vi) Receivables Delinquent (As % of Total Receivables)
Current 94.85%
30 to 59 days 1.67%
60 to 89 days 1.17%
90 or more days 2.31%
-----------------
Total Receivables 100.00%
(vii) Investor Default Amount 1,947,899.68 139,131.98 231,896.53 2,318,928.19
(viii) Investor Charge-Offs 0.00 0.00 0.00 0.00
(ix) Reimbursed Investor Charge-Offs/Reductions 0.00 0.00 0.00
(x) Servicing Fee 250,000.00 17,856.67 29,762.38 297,619.05
(xi) Portfolio Yield (Net of Defaulted Receivables) 11.61%
(xii) Reallocated Monthly Principal 0.00 0.00 0.00
(xiii) Closing Investor Interest (Class A Adjusted) 300,000,000.00 21,428,000.00 35,714,857.14 357,142,857.14
(xiv) LIBOR 5.8750%
(xv) Principal Funding Account Balance 0.00
(xvi) Accumulation Shortfall 0.00
(xvii) Principal Funding Investment Proceeds 0.00
(xviii)Principal Investment Funding Shortfall
(xix) Interest Funding Account Investment Proceeds 7,933.15 566.64
=================
(xx) Available Funds 4,607,841.07 329,122.73 547,616.85 5,484,580.65
(xxi) Certificate Rate 6.0750% 6.1950% 6.4938%
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
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