<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: August 16, 1999
CHASE MANHATTAN BANK USA, NATIONAL ASSOCIATION
(Originator of the Trust referred to herein)
(Exact name of the registrant as specified in its charter)
CHASE MANHATTAN AUTO GRANTOR TRUST 1996-B
(Issue with respect to Certificates)
New York 33-7575 13-2633612
(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
270 Park Avenue, New York, 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:
Chase Manhattan Auto Grantor Trust 1996-B is the issuer of two classes
of Automobile Loan Pass-Through Certificates. The certificates are serviced in
accordance with the Pooling and Servicing Agreement, dated as of September 1,
1996, as amended. The parties to the Pooling and Servicing Agreement are: Chase
Manhattan Bank USA, National Association, as seller and as servicer, and Norwest
Bank Minnesota, National Association, as trustee.
On August 16, 1999, Chase, as servicer, distributed monthly interest to
the holders of the Series 1996-B certificates. Chase furnished a copy of the
monthly certificateholders' report for the series as required by the Pooling and
Servicing Agreement. A copy of the monthly certificateholders' report is being
filed as Exhibit 20.1 to this Current Report on Form 8-K.
Item 7(c). Exhibit
Exhibits Description
-------- -----------
20.1 Monthly Certificateholder's statements with
respect to the August 16, 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: August 27, 1999
By: THE CHASE MANHATTAN BANK,
USA, NATIONAL ASSOCIATION
as Servicer
By: /s/ Patricia Garvey
-----------------------------------
Name: Patricia Garvey
Title: Vice President
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INDEX TO EXHIBITS
-----------------
Exhibit No. Description
- ------------ --------------
20.1 Certificateholder Report dated 8/16/1999
delivered pursuant to Section 5.7 of the
Pooling and Servicing Agreement dated as of
September 1, 1996.
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- --------------------------------------------------------------------------------
CHASE MANHATTAN AUTO GRANTOR TRUST
SERIES 1996-B
STATEMENT TO CERTIFICATEHOLDERS
================================================================================
PERIOD 35 PAGE # 1
DETERMINATION: 10-Aug-99 Beginning 7/1/99
DISTRIBUTION: 16-Aug-99 Ending 7/31/99
TIME: 8/25/99 18:47
CLASS A 6.61% ASSET BACKED CERTIFICATES
CLASS B 6.76% ASSET BACKED CERTIFICATES
<TABLE>
<CAPTION>
ORIG PRINCIPAL BEG PRINCIPAL PRINCIPAL INTEREST TOTAL END PRINCIPAL
CLASS BALANCE BALANCE DISTRIBUTION DISTRIBUTION DISTRIBUTION BALANCE
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
A $1,478,422,107.71 $314,250,119.54 $22,315,050.25 $1,730,994.41 $24,046,044.66 $291,935,069.29
B $45,725,000.00 $9,719,204.43 $690,165.32 $54,751.52 $744,916.84 $9,029,039.11
- -----------------------------------------------------------------------------------------------------------------------------------
CERTIFICATE TOTALS $1,524,147,107.71 $323,969,323.97 $23,005,215.57 $1,785,745.93 $24,790,961.50 $300,964,108.40
- -----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
FACTOR INFORMATION PER $1,000
PRINCIPAL INTEREST END PRINCIPAL
CLASS DISTRIBUTION DISTRIBUTION BALANCE
- --------------------------------------------------------------------------------
A 15.09382884 1.17083910 197.46395009
- --------------------------------------------------------------------------------
B 15.09382876 1.19740886 197.46394992
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Certificate Totals 15.09382884 1.17163620 197.46395009
- --------------------------------------------------------------------------------
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
(C) COPYRIGHT 1998, CHASE MANHATTAN BANK
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- --------------------------------------------------------------------------------
CHASE MANHATTAN AUTO GRANTOR TRUST
SERIES 1996-B
STATEMENT TO CERTIFICATEHOLDERS
================================================================================
PERIOD 35 PAGE #2
DETERMINATION: 10-Aug-99 Beginning 7/1/99
DISTRIBUTION: 16-Aug-99 Ending 7/31/99
TIME: 8/25/99 15:23
per $1000
Section 5.8 (iii) Servicing Fee $269,974.44 .17713148
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
Class Principal Interest Total Prin (per $1000/orig) Int (per $1000/orig) Total (per $1000/orig)
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
A $22,315,050.25 $1,730,994.41 $24,046,044.66 15.09382884 1.17083910 16.26466794
B $690,165.32 $54,751.52 $744,916.84 15.09382876 1.19740886 16.29123762
- ------------------------------------------------------------------------------------------------------------------------------------
Total $23,005,215.57 $1,785,745.93 $24,790,961.50 15.09382884 1.17163620 16.26546504
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<S> <C> <C>
Section 5.8 (v) Pool Balance at the end of the Collection Period $300,964,108.40
Section 5.8 (vi) Aggregate Net Losses for Collection Period $141,590.37
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 $11,431,103.00
Section 5.8 (x) Repurchase Amounts for Repurchased Receivables
Seller $0.00
Servicer $215,026.81
TOTAL $215,026.81
Section 5.8 (xi) Advance Summary for Collection Period
Unreimbursed Advances for Period $4,163,400.49
Unreimbursed Advances for Previous Period $4,197,942.85
Change from Previous Period ($34,542.36)
Reimbursed Advance from Collections $400,773.99
Reimbursed Advance from Liquidation Proceeds $6,427.70
Reimbursed Advance from Reserve Account Withdrawals $0.00
</TABLE>
(C) COPYRIGHT 1998, CHASE MANHATTAN BANK