EXHIBIT B
MONTHLY PAYMENT INSTRUCTIONS
AND NOTIFICATION TO THE
TRUSTEE
THE PRUDENTIAL BANK AND TRUST
COMPANY
PB&T MASTER CREDIT CARD TRUST
II
SERIES 1994-A
The undersigned, a duly
authorized representative of
The Prudential Bank and Trust
Company ("PB&T"), as Servicer
pursuant to the Pooling and
Servicing Agreement dated as
of August 1, 1994, as amended
July 31, 1997, and the Series
1994-A Supplement dated as of
August 10, 1994, as amended
July 31, 1997, (collectively,
the "Pooling and Servicing
Agreement") by and between
PB&T and Bankers Trust as
trustee, (the "Trustee"), does
hereby certify as follows:
A) Capitalized terms used
in this notice have their
respective meanings set forth
in the Pooling and Servicing
Agreement; provided, that the
"Preceding Monthly Period"
shall mean the Monthly Period
immediately preceding the
calendar month in which this
notice is delivered.
References herein to certain
sections and subsections are
references to the respective
sections and subsections of
the Pooling and Servicing
Agreement. This notice is
delivered pursuant to Section
4.08 of the Pooling and
Servicing Agreement.
B) PB&T is the Servicer
under the Pooling and
Servicing Agreement.
C) The undersigned is a
Servicing Officer.
D) The date of this notice
is a Determination Date under
the Pooling and Servicing
Agreement.
I. INSTRUCTION TO MAKE A
WITHDRAWAL
Pursuant to Section 4.08, the
Servicer does hereby instruct
the Trustee (i) to make a
withdrawal from the Defeasance
Account on September 12, 1997,
which date is a Transfer Date
under the Pooling and
Servicing Agreement, in an
aggregate amount as set forth
below in respect to the
following amounts and (ii) to
apply the proceeds of such
withdrawal in accordance with
Section 4.08:
A) Pursuant to subsection
4.08 (a): (1) Interest at the
Certificate Rate for the
preceding Monthly Period on
the Investor Interest
...........$2,288,187.50
(2) Deficiency Amounts
...........$0.00
B) Pursuant to subsection
12.05:
(1) Pay to the
Seller..... $0.00
Total
........... $0.00
II. ACCRUED AND UNPAID
AMOUNTS
After giving effect to the
withdrawals and transfers to
be made in accordance with
this notice, the following
amounts will be accrued and
unpaid with respect to all
Monthly Periods preceding the
current calendar month:
A) Subsection 4.08 (a): The
aggregate amount of all
Deficiency Amounts
........... $0.00
B-2
IN WITNESS WHEREOF, the
undersigned has duly executed
this certificate this 5th day
of September 1997.
THE PRUDENTIAL BANK AND TRUST
COMPANY, Servicer
By: Name: Robert R. Wood
Title: Vice President
B-3
FORM OF MONTHLY
CERTIFICATEHOLDER'S STATEMENT
SERIES 1994-A
THE PRUDENTIAL BANK & TRUST
COMPANY
PB&T MASTER CREDIT CARD TRUST
II
Under Section 5.02 of the
Pooling and Servicing
Agreement dated as of August
1, 1994, as amended July 31,
1997, and the Series 1994-A
Supplement dated August 10,
1994, as amended July 31,
1997, (collectively, the
"Pooling and Servicing
Agreement") by and between The
Prudential Bank & Trust
Company ("PB&T") and Bankers
Trust, as trustee (the
"Trustee"), PB&T, as Servicer,
is required to prepare certain
information each month
regarding current
distributions to Series 1994-A
Certificateholders and the
performance of the PB&T Master
Credit Card Trust (the
"Trust") during the previous
month. The information which
is required to be prepared
with respect to the
Distribution Date of September
15, 1997 and with respect to
the performance of the Trust
during the month of August
1997 is set forth below.
Certain information is
presented on the basis of an
amount of $1,000 per series
1994-A Certificate (a
"Certificate"). Certain other
information is presented based
on the aggregate amounts for
the Trust as a whole.
Capitalized terms used in this
Statement have their
respective meanings set forth
in the Pooling and Servicing
Agreement.
A. Information Regarding
the Current Monthly
Distribution (Stated on the
basis of $1,000 Original
Certificate Principal Amount.)
1. The total amount of the
distribution to
Certificateholders on
September 15, 1997, per $1,000
original certificate principal
amount
........... $5.08
2. The amount of the
distribution set forth in
paragraph 1 above in respect
of interest on the
Certificates, per $1,000
original certificate principal
amount
........... $5.08
3. The amount of the
distribution set forth in
paragraph 1 above in respect
of principal of the
Certificate, per $1,000
original certificate principal
amount
........... $0.00
B. Information Regarding
the Performance of the Trust
1. Permitted Investments
Outstandings
The aggregate amount in the
Distribution Account of sales
and maturities and interest
payments , allocated in
respect of the
Certificates $2,288,187.50
2. Deficit Controlled
Amortization
Amount $0.00
THE PRUDENTIAL BANK AND TRUST
COMPANY, Servicer
By: Name: Robert R. Wood
Title: Vice President
C-2 Schedule - to Monthly
Servicer's Certificate with
respect to the Series 1994-A
Certificates
THE PRUDENTIAL BANK & TRUST
COMPANY
___________________________________________________
PB&T MASTER CREDIT CARD TRUST
II, SERIES 1994-A
___________________________________________________
1. Amount available in
Distribution
Account $2,288,187.50
2. The amount of interest
payable to the Series 1994-A
Certificateholders on the
Distribution Date in the
current calendar month is
equal to
.............................................. $2,288,187.50
3. The amount of principal
payable to the Series 1994-A
Certificateholders on the
Distribution Date in the
current calendar month is
equal to
.............................................. $0.00
4. The sum of all amounts
payable to the Series 1994-A
Certificateholders on the
Distribution Date in the
current calendar month is
equal to
.............................................. $2,288,187.50
5. To the knowledge of the
undersigned, no Series 1994-A
Pay Out event or Trust Pay Out
Event has occurred except as
described
below: None
IN
WITNESS WHEREOF, the
undersigned has duly executed
this certificate this 5th day
of September 1997.
THE PRUDENTIAL BANK AND TRUST
COMPANY, Servicer
By: Name: Robert R. Wood
Title: Vice President
EXHIBIT B
MONTHLY PAYMENT INSTRUCTIONS
AND NOTIFICATION TO THE
TRUSTEE
THE PRUDENTIAL BANK AND TRUST
COMPANY
PB&T MASTER CREDIT CARD TRUST
II
SERIES 1994-A
The undersigned, a duly
authorized representative of
The Prudential Bank and Trust
Company ("PB&T"), as Servicer
pursuant to the Pooling and
Servicing Agreement dated as
of August 1, 1994, as amended
July 31, 1997, and the Series
1994-A Supplement dated as of
August 10, 1994, as amended
July 31, 1997, (collectively,
the "Pooling and Servicing
Agreement") by and between
PB&T and Bankers Trust as
trustee, (the "Trustee"), does
hereby certify as follows:
A) Capitalized terms used
in this notice have their
respective meanings set forth
in the Pooling and Servicing
Agreement; provided, that the
"Preceding Monthly Period"
shall mean the Monthly Period
immediately preceding the
calendar month in which this
notice is delivered.
References herein to certain
sections and subsections are
references to the respective
sections and subsections of
the Pooling and Servicing
Agreement. This notice is
delivered pursuant to Section
4.08 of the Pooling and
Servicing Agreement.
B) PB&T is the Servicer
under the Pooling and
Servicing Agreement.
C) The undersigned is a
Servicing Officer.
D) The date of this notice
is a Determination Date under
the Pooling and Servicing
Agreement.
I. INSTRUCTION TO MAKE A
WITHDRAWAL
Pursuant to Section 4.08, the
Servicer does hereby instruct
the Trustee (i) to make a
withdrawal from the Defeasance
Account on September 12, 1997,
which date is a Transfer Date
under the Pooling and
Servicing Agreement, in an
aggregate amount as set forth
below in respect to the
following amounts and (ii) to
apply the proceeds of such
withdrawal in accordance with
Section 4.08:
A) Pursuant to subsection
4.08 (a): (1) Interest at the
Certificate Rate for the
preceding Monthly Period on
the Investor Interest
...........$2,288,187.50
(2) Deficiency Amounts
...........$0.00
B) Pursuant to subsection
12.05:
(1) Pay to the
Seller..... $0.00
Total
........... $0.00
II. ACCRUED AND UNPAID
AMOUNTS
After giving effect to the
withdrawals and transfers to
be made in accordance with
this notice, the following
amounts will be accrued and
unpaid with respect to all
Monthly Periods preceding the
current calendar month:
A) Subsection 4.08 (a): The
aggregate amount of all
Deficiency Amounts
........... $0.00
B-2
IN WITNESS WHEREOF, the
undersigned has duly executed
this certificate this 5th day
of September 1997.
THE PRUDENTIAL BANK AND TRUST
COMPANY, Servicer
By: Name: Robert R. Wood
Title: Vice President
B-3
FORM OF MONTHLY
CERTIFICATEHOLDER'S STATEMENT
SERIES 1994-A
THE PRUDENTIAL BANK & TRUST
COMPANY
PB&T MASTER CREDIT CARD TRUST
II
Under Section 5.02 of the
Pooling and Servicing
Agreement dated as of August
1, 1994, as amended July 31,
1997, and the Series 1994-A
Supplement dated August 10,
1994, as amended July 31,
1997, (collectively, the
"Pooling and Servicing
Agreement") by and between The
Prudential Bank & Trust
Company ("PB&T") and Bankers
Trust, as trustee (the
"Trustee"), PB&T, as Servicer,
is required to prepare certain
information each month
regarding current
distributions to Series 1994-A
Certificateholders and the
performance of the PB&T Master
Credit Card Trust (the
"Trust") during the previous
month. The information which
is required to be prepared
with respect to the
Distribution Date of September
15, 1997 and with respect to
the performance of the Trust
during the month of August
1997 is set forth below.
Certain information is
presented on the basis of an
amount of $1,000 per series
1994-A Certificate (a
"Certificate"). Certain other
information is presented based
on the aggregate amounts for
the Trust as a whole.
Capitalized terms used in this
Statement have their
respective meanings set forth
in the Pooling and Servicing
Agreement.
A. Information Regarding
the Current Monthly
Distribution (Stated on the
basis of $1,000 Original
Certificate Principal Amount.)
1. The total amount of the
distribution to
Certificateholders on
September 15, 1997, per $1,000
original certificate principal
amount
........... $5.08
2. The amount of the
distribution set forth in
paragraph 1 above in respect
of interest on the
Certificates, per $1,000
original certificate principal
amount
........... $5.08
3. The amount of the
distribution set forth in
paragraph 1 above in respect
of principal of the
Certificate, per $1,000
original certificate principal
amount
........... $0.00
B. Information Regarding
the Performance of the Trust
1. Permitted Investments
Outstandings
The aggregate amount in the
Distribution Account of sales
and maturities and interest
payments , allocated in
respect of the
Certificates $2,288,187.50
2. Deficit Controlled
Amortization
Amount $0.00
THE PRUDENTIAL BANK AND TRUST
COMPANY, Servicer
By: Name: Robert R. Wood
Title: Vice President
C-2 Schedule - to Monthly
Servicer's Certificate with
respect to the Series 1994-A
Certificates
THE PRUDENTIAL BANK & TRUST
COMPANY
___________________________________________________
PB&T MASTER CREDIT CARD TRUST
II, SERIES 1994-A
___________________________________________________
1. Amount available in
Distribution
Account $2,288,187.50
2. The amount of interest
payable to the Series 1994-A
Certificateholders on the
Distribution Date in the
current calendar month is
equal to
.............................................. $2,288,187.50
3. The amount of principal
payable to the Series 1994-A
Certificateholders on the
Distribution Date in the
current calendar month is
equal to
.............................................. $0.00
4. The sum of all amounts
payable to the Series 1994-A
Certificateholders on the
Distribution Date in the
current calendar month is
equal to
.............................................. $2,288,187.50
5. To the knowledge of the
undersigned, no Series 1994-A
Pay Out event or Trust Pay Out
Event has occurred except as
described
below: None
IN
WITNESS WHEREOF, the
undersigned has duly executed
this certificate this 5th day
of September 1997.
THE PRUDENTIAL BANK AND TRUST
COMPANY, Servicer
By: Name: Robert R. Wood
Title: Vice President
