<PAGE>
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: June 15, 1999
CHASE MANHATTAN BANK USA, NATIONAL ASSOCIATION
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(Originator of the Trust referred to herein)
(Exact name of the registrant as specified in its charter)
CHASE MANHATTAN AUTO GRANTOR TRUST 1996-B
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(Issue with respect to Certificates)
New York 33-7575 13-2633612
- ------------------ ------------------------ --------------------------
(State or other (Commission File Number) (IRS Employer
jurisdiction of Identification No.)
incorporation)
270 Park Avenue, New York, New York 10017
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (212) 270-6000
<PAGE>
Item 5. Other Events:
On 6/15/99, Chase Manhattan Auto Grantor Trust 1996-B (the "Trust")
made the distribution to Certificateholders contemplated by the Pooling and
Servicing Agreement, dated as of September 1, 1996, (the "Pooling & Servicing
Agreement"), between the Registrant, as Seller and Servicer, and Norwest Bank
Minnesota, National Association, as Trustee.
A copy of the Certificateholder Report for such Distribution Date
delivered pursuant to section 5.7 of the Pooling and Servicing Agreement is
being filed as Exhibit 20.1 to this Report on Form 8-K.
Item 7(c). Exhibit
Exhibits Description
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20.1 Monthly Certificateholder's statements with respect
to the June 15, 1999 distribution.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
Dated: June 30, 1999
By: THE CHASE MANHATTAN BANK,
USA, NATIONAL ASSOCIATION
as Servicer
By: /s/ Patricia Garvey
------------------------------
Name: Patricia Garvey
Title: Vice President
<PAGE>
INDEX TO EXHIBITS
Exhibit No. Description
- ----------- -----------
20.1 Certificateholder Report dated
6/15/1999 delivered pursuant to
Section 5.7 of the Pooling and
Servicing Agreement dated as of
September 1, 1996.
<PAGE>
- --------------------------------------------------------------------------------
CHASE MANHATTAN AUTO GRANTOR TRUST
SERIES 1996-B
STATEMENT TO CERTIFICATEHOLDERS
================================================================================
PERIOD 33 PAGE # 1
DETERMINATION: 10-Jun-1999 Beginning 5/1/99
DISTRIBUTION: 15-Jun-1999 Ending 5/31/99
TIME: 6/28/99 21:49
CLASS A 6.61% ASSET BACKED CERTIFICATES
CLASS B 6.76% ASSET BACKED CERTIFICATES
<TABLE>
<CAPTION>
ORIG PRINCIPAL BEG PRINCIPAL PRINCIPAL
CLASS BALANCE BALANCE DISTRIBUTION
- --------------------------------------------------------------------------------------
<S> <C> <C> <C>
A $1,478,422,107.71 $362,273,331.09 $23,200,466.33
B $45,725,000.00 $11,204,478.05 $717,549.69
- --------------------------------------------------------------------------------------
CERTIFICATE TOTALS $1,524,147,107.71 $373,477,809.14 $23,918,016.02
- --------------------------------------------------------------------------------------
<CAPTION>
INTEREST TOTAL END PRINCIPAL
CLASS DISTRIBUTION DISTRIBUTION BALANCE
- ---------------------------------------------------------------------------------------
<S> <C> <C> <C>
A $1,995,522.27 $25,195,988.60 $339,072,864.76
B $63,118.56 $780,668.25 $10,486,928.36
- ---------------------------------------------------------------------------------------
CERTIFICATE TOTALS $2,058,640.83 $25,976,656.85 $349,559,793.12
- ---------------------------------------------------------------------------------------
</TABLE>
FACTOR INFORMATION PER $1,000
PRINCIPAL INTEREST END PRINCIPAL
CLASS DISTRIBUTION DISTRIBUTION BALANCE
- ----------------------------------------------------------------------------
A 15.69272146 1.34976490 229.34780466
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B 15.69272149 1.38039497 229.34780448
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- ----------------------------------------------------------------------------
Certificate Totals 15.69272146 1.35068381 229.34780465
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IF THERE ARE ANY QUESTIONS OR COMMENTS, PLEASE CONTACT THE
ADMINISTRATOR LISTED BELOW
================================================================================
KIM COSTA
THE CHASE MANHATTAN BANK - ASPG
450 WEST 33RD STREET, 15TH FLOOR
NEW YORK, NEW YORK 10001
(212) 946-3247
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CHASE MANHATTAN AUTO GRANTOR TRUST
SERIES 1996-B
STATEMENT TO CERTIFICATEHOLDERS
================================================================================
PERIOD 33 PAGE # 2
DETERMINATION: 10-Jun-1999 Beginning 5/1/99
DISTRIBUTION: 15-Jun-1999 Ending 5/31/99
TIME: 6/28/99 22:03
per $1000
Section 5.8 (iii) Servicing Fee $311,231.51 .20420044
<TABLE>
<CAPTION>
- --------------------------------------------------------------------------------
Class Principal Interest Total
- --------------------------------------------------------------------------------
<S> <C> <C> <C>
A $23,200,466.33 $1,995,522.27 $25,195,988.60
B $717,549.69 $63,118.56 $780,668.25
- --------------------------------------------------------------------------------
Total $23,918,016.02 $2,058,640.83 $25,976,656.85
- --------------------------------------------------------------------------------
<CAPTION>
- -----------------------------------------------------------------------------------------
Class Prin (per $1000/orig) Int (per $1000/orig) Total (per $1000/orig)
- -----------------------------------------------------------------------------------------
<S> <C> <C> <C>
A 15.69272146 1.34976490 17.04248636
B 15.69272149 1.38039497 17.07311646
- -----------------------------------------------------------------------------------------
Total 15.69272146 1.35068381 17.04340527
- -----------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
<S> <C> <C>
Section 5.8 (v) Pool Balance at the end of the Collection Period $349,559,793.12
Section 5.8 (vi) Aggregate Net Losses for Collection Period $163,800.49
Section 5.8 (vii) Carryover Shortfall for Collection Period
Class A Interest 0.00
Class B Interest 0.00
Class A Principal 0.00
Class B Principal 0.00
TOTAL 0.00
Section 5.8 (viii) Reserve Account Balance after Disbursement $11,431,103.00
Section 5.8 (ix) Specified Reserve Account Balance $11,360,693.28
Section 5.8 (x) Repurchase Amounts for Repurchased Receivables
Seller $0.00
Servicer $110,506.95
TOTAL $110,506.95
Section 5.8 (xi) Advance Summary for Collection Period
Unreimbursed Advances for Period $4,356,019.31
Unreimbursed Advances for Previous Period $4,196,601.21
Change from Previous Period $159,418.10
Reimbursed Advance from Collections $420,756.76
Reimbursed Advance from Liquidation Proceeds $11,984.28
Reimbursed Advance from Reserve Account Withdrawals $0.00
</TABLE>
