CHASE MANHATTAN BANK USA
8-K, 2000-03-22
ASSET-BACKED SECURITIES
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<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: March 15, 2000


                 CHASE MANHATTAN BANK USA, NATIONAL ASSOCIATION
                 ----------------------------------------------
                  (Originator of the Trust referred to herein)


                    CHASE MANHATTAN AUTO GRANTOR TRUST 1996-B
                    -----------------------------------------
                      (Issue with respect to Certificates)
           (Exact name of the registrant as specified in its charter)


      United States                   333-7575                   22-2382028
- --------------------------     -----------------------    ---------------------
(State or other jurisdiction   Commission File Number)    (IRS Employer
of incorporation)                                         Identification No.)


               802 Delaware Avenue, Wilmington, Delaware               19801
               -------------------------------------------------    -----------
                    (Address of principal executive offices)         (Zip Code)

Registrant's telephone number, including area code: (212) 270-6000


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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 March 15, 2000, 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 March 15, 2000 distribution.




<PAGE>


                                   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: March 22, 2000

                                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 3/15/2000
                            delivered pursuant to Section 5.7 of the Pooling and
                            Servicing Agreement dated as of September 1, 1996.



<PAGE>


Chase Manhattan Auto Grantor Trust 1996-B


                         Statement to Certificateholders
                                  March 15 2000

<TABLE>
<CAPTION>
                                                    DISTRIBUTION IN DOLLARS
          ORIGINAL              PRIOR                                                                                   CURRENT
            FACE              PRINCIPAL                                                        REALIZED    DEFERRED    PRINCIPAL
CLASS      VALUE               BALANCE          PRINCIPAL        INTEREST         TOTAL          LOSES     INTEREST     BALANCE
- -----      -----               -------          ---------        --------         -----          -----     --------     -------
<S>     <C>                 <C>               <C>               <C>           <C>                <C>         <C>      <C>
A       1,478,422,107.71    181,199,991.68    15,810,326.04     998,109.95    16,808,435.99      0.00        0.00     165,389,665.64
B          45,725,000.00      5,604,197.58       488,985.62      31,570.31       520,555.93      0.00        0.00       5,115,211.96
TOTALS  1,524,147,107.71    186,804,189.26    16,299,311.660  1,029,680.26    17,328,991.92      0.00        0.00     170,504,877.60

FACTOR INFORMATION PER $1000 OF ORIGINAL FACE                                                        PASS-THROUGH RATES
           PRIOR                                                                 CURRENT                     CURRENT
          PRINCIPAL                                                             PRINCIPAL                   PASS THRU
CLASS      FACTOR             PRINCIPAL         INTEREST         TOTAL           FACTOR           CLASS       RATE
- -----      ------             ---------         --------         -----           ------           -----       ----
A        122.56309665        10.69405413        .67511839      11.36917251     111.86904253         A       6.610000%
B        122.56309634        10.69405402        .69043871      11.38449273     111.86904232         B       6.760000%
TOTALS   122.56309664        10.69405412        .67557800      11.36963213     111.86904252
</TABLE>



IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT
THE ADMINISTRATOR LISTED BELOW:

Kimberly Costa
The Chase Manhattan Bank - Structured Finance Services
450 W. 33rd Street, 14th Floor,
New York, New York 10001
Tel: (212) 946-3247
Email: [email protected]


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                                                                         Page 2
Chase Manhattan Auto Grantor Trust 1996-B


                                  March 15 2000
                         STATEMENT TO CERTIFICATEHOLDERS

                           Due Period                                        42
                           Due Period Beg Date                         02/01/00
                           Due Period End Date                         02/29/00
                           Determination Date                          03/10/00

Section 5.8(iii) Servicing Fee
Section 5.8(iii) Servicing Fee per $1000

Section 5.8(v) Pool Balance at the end of the Collection Period

Section 5.8(vi) Net Losses for Collection Period

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

Section 5.8(ix) Specified Reserve Account Balance

Section 5.8(x) Repurchase Amounts for Repurchased Receivables
                           By Seller                                       0.00
                           By Servicer                               183,580.14
                           TOTAL                                     183,580.14



<PAGE>

                                                                          Page 3
Chase Manhattan Auto Grantor Trust 1996-B

                                  March 15 2000

Section 5.8(xi)  Advance Summary for Collection Period
         Uneimbursed Advances for Previous Period                  3,993,555.69
         Unreimbursed Advances for Period                          3,995,273.46
         Change From Previous Periods                                  1,717.77

         Reimbursed advance from collections                         230,872.07
         Reimbursed advance from liquidation proceeds                 10,039.09
         Reimbursed advance from reserve account withdrawals               0.00



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