<PAGE> 1
EXHIBIT C
MONTHLY CERTIFICATEHOLDERS' STATEMENT
Discover Card Master Trust I
Series 1995-1 Monthly Statement
Class A Certificate CUSIP #25466KAN9
Class B Certificate CUSIP #25466KAP4
Distribution Date: December 15, 2000 Month Ending: November 30, 2000
Pursuant to the Series Supplement dated as of April 19, 1995 relating to the
Pooling and Servicing Agreement dated as of October 1, 1993 by and between
Discover Bank (formerly Greenwood Trust Company) and U.S. Bank National
Association, as Trustee, as amended, the Trustee is required to prepare
certain information each month regarding current distributions to investors
and the performances of the Trust. We have set forth below this information
for the Distribution Date listed above, as well as for the calendar month
ended on the date listed above.
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<CAPTION>
1. Payments for the benefit of investors in Series 1995-1 on this Distribution Date (per $1000 of Class Initial Investor Interest)
-------------------------------------------------------------------------------------------------------------------------------
Series 1995-1 Total Interest Principal
<S> <C> <C> <C> <C>
Class A 30 days at 6.900000000% $5.750000000 $5.750000000 $0.000000000
Class B 30 days at 7.070000000% $5.891666667 $5.891666667 $0.000000000
</TABLE>
<TABLE>
<CAPTION>
2. Principal Receivables at the end of November, 2000
--------------------------------------------------
<S> <C>
(a) Aggregate Investor Interest $25,256,090,125.03
Seller Interest $8,057,457,021.27
Total Master Trust $33,313,547,146.30
(b) Group One Investor Interest $25,256,090,125.03
(c) Series 1995-1 Investor Interest $631,579,000.00
(d) Class A Investor Interest $600,000,000.00
Class B Investor Interest $31,579,000.00
</TABLE>
<TABLE>
<CAPTION>
3. Allocation of Receivables Collected During November, 2000
---------------------------------------------------------
Finance Charge Principal Yield Collections /
Collections Collections Additional Funds
<S> <C> <C> <C>
(a) Allocation of Collections between Investors and Seller
Aggregate Investor Allocation. $393,321,046.26 $3,787,246,876.88 $0.00
Seller Allocation: $122,063,730.36 $1,175,338,789.25 $0.00
(b) Group One Allocation $393,321,046.26 $3,787,246,876.88 $0.00
(c) Series 1995-1 Allocations $9,831,480.00 $94,666,284.17 $0.00
(d) Class A Allocations $9,339,802.92 $89,931,977.44 $0.00
Class B Allocations $491,677.08 $4,734,306.73 $0.00
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<TABLE>
<S> <C>
(e) Principal Collections as a monthly percentage of Master Trust Receivables
at the beginning of November, 2000 14.77%
(f) Finance Charge Collections as a monthly percentage of Master Trust Receivables
at the beginning of November, 2000 1.53%
(g) Total Collections as a monthly percentage of Master Trust Receivables
at the beginning of November, 2000 16.30%
</TABLE>
<TABLE>
<CAPTION>
4. Information Concerning the Series Principal Funding Accounts ("SPFA")
---------------------------------------------------------------------
Deposits into the Deficit Amount
SPFAs on this on this SPFA Investment
Distribution Date Distribution Date Balance Income
<S> <C> <C> <C> <C>
Series 1995-1 $0.00 0.00 $0.00 $0.00
</TABLE>
<TABLE>
<CAPTION>
5. Information Concerning Amount of Controlled Liquidation Payments
----------------------------------------------------------------
Total Payments
Amount Paid on this Deficit Amount through this
Distribution Date on this Distribution Date Distribution Date
<S> <C> <C> <C>
Series 1995-1 $0.00 $0.00 $0.00
</TABLE>
<TABLE>
<CAPTION>
6. Information Concerning the Series Interest Funding Accounts ("SIFA")
--------------------------------------------------------------------
Deposits into the SIFA
on this Distribution Date SIFA Balance
<S> <C> <C>
Series 1995-1 $3,636,052.94 $0.00
</TABLE>
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<CAPTION>
7. Pool Factors for November, 2000
-------------------------------
<S> <C>
Class A 1.00000000
Class B 1.00000000
</TABLE>
<TABLE>
<CAPTION>
8. Investor Charged-Off Amount
---------------------------
Cumulative Investor
November, 2000 Charged-Off Amount
<S> <C> <C>
(a) Group One $123,111,982.37 $0.00
(b) Series 1995-1 $3,077,315.60 $0.00
(c) Class A $2,923,417.56 $0.00
Class B $153,898.04 $0.00
(d) As an annualized percentage of
Principal Receivables at the
beginning of November, 2000 5.85% N/A
</TABLE>
<PAGE> 3
<TABLE>
<CAPTION>
9. Investor Losses for November, 2000
----------------------------------
Per $1,000 of Initial
Total Series Investor Interest
<S> <C> <C>
(a) Group One $0.00 $0.00
(b) Series 1995-1 $0.00 $0.00
(c) Class A $0.00 $0.00
Class B $0.00 $0.00
</TABLE>
<TABLE>
<CAPTION>
10. Reimbursement of Investor Losses for November, 2000
---------------------------------------------------
Per $1,000 of Initial
Total Series Investor Interest
<S> <C> <C>
(a) Group One $0.00 $0.00
(b) Series 1995-1 $0.00 $0.00
(c) Class A $0.00 $0.00
Class B $0.00 $0.00
</TABLE>
<TABLE>
<CAPTION>
11. Aggregate Amount of Unreimbursed Investor Losses for November, 2000
-------------------------------------------------------------------
Per $1,000 of Initial
Total Series Investor Interest
<S> <C> <C>
(a) Group One $0.00 $0.00
(b) Series 1995-1 $0.00 $0.00
(c) Class A $0.00 $0.00
Class B $0.00 $0.00
</TABLE>
<TABLE>
<CAPTION>
12. Investor Monthly Servicing Fee payable on this Distribution Date
----------------------------------------------------------------
<S> <C>
(a) Group One $42,111,441.09
(b) Series 1995-1 $1,052,631.67
(c) Class A $1,000,000.00
Class B $52,631.67
</TABLE>
<TABLE>
<CAPTION>
13. Class Available Subordinated Amount at the end of the Distribution Date
-----------------------------------------------------------------------
As a percentage of
Total Class A Invested Amount
<S> <C> <C>
Series 1995-1 Class B $69,473,690.00 11.5789%
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<TABLE>
<CAPTION>
14. Total Available Credit Enhancement Amounts
------------------------------------------
Shared Amount Class B Amount
<S> <C> <C>
(a) Maximum Amount on this Distribution Date $0.00 $37,894,740.00
(b) Available Amount on this Distribution Date $0.00 $37,894,740.00
(c) Amount of Drawings on Credit Enhancement
on this Distribution Date $0.00 $0.00
(d) Credit Enhancement Fee on this
Distribution Date $27,296.10
</TABLE>
<TABLE>
<CAPTION>
15. Delinquency Summary
-------------------
Master Trust Receivables Outstanding at the end of November, 2000 $33,817,556,119.54
Delinquent Amount Percentage of Ending
Payment Status Ending Balance Receivables Outstanding
<S> <C> <C>
30-59 days $784,060,155.63 2.32%
60-179 days $1,472,473,844.71 4.35%
</TABLE>
<TABLE>
<CAPTION>
16. Excess Spread Percentages on this Distribution Date (1)
-------------------------------------------------------
<S> <C>
(a) Group One (2) 4.22%
(b) Series 1995-1 (3) 3.87%
</TABLE>
<TABLE>
<CAPTION>
17. Net Charge-Offs on this Distribution Date (4)
---------------------------------------------
Charge-offs net of recoveries as an annualized percentage of
<S> <C>
Principal Receivables at the beginning of November, 2000 5.14%
</TABLE>
U.S. BANK NATIONAL ASSOCIATION
as Trustee
BY:
-------------------------------------
Vice President
-------------------------------------------------
(1) For series in Group One, investors should refer only to the higher of the
Group Excess Spread Percentage (Item 16(a)) and the Series Excess Spread
Percentage (Item 16(c)) in assessing the current performance of the Trust
and the Receivables.
(2) Group Excess Spread is the sum of the Series Excess Spreads (as described
below) for each series in the Group. The Group Excess Spread Percentage
is equal to the Group Excess Spread, multiplied by twelve, divided by the
Series Investor Interests for each series in the Group.
(3) Series Excess Spread is the difference between (a) the sum of Finance
Charge Collections, Yield Collections, Additional Funds and Investment
Income for any Class of this Series (see Item 3(e)), and (b) the sum of
(i) the monthly interest for each Class of this Series (see Item 1), (ii)
the monthly servicing fee for each Class of this Series (see Item 12(d)),
(iii) the Investor Charge-Off Amount (see Item 8(c)), and (iv) the Credit
Enhancement Fee (see Item 14(d)), in each case for this Distribution
Date. The Series Excess Spread Percentage is equal to the Series Excess
Spread, multiplied by twelve, divided by the Series Investor Interest for
this Series.
(4) For purposes of allocations to investors, recoveries are treated as
Finance Charge Collections and are included as such in Item 3 above.
<PAGE> 5
MASTER SERVICER'S CERTIFICATE STATEMENT
Discover Card Master Trust I
Series 1995-1 Monthly Statement
CREDIT CARD
PASS-THROUGH CERTIFICATES
The undersigned, a duly authorized representative of Discover Bank
(formerly Greenwood Trust Company), as Master Servicer pursuant to the Pooling
& Servicing Agreement dated as of October 1, 1993, as amended (the "Pooling &
Servicing Agreement") and the Series Supplement, dated as of April 19, 1995
(the "Series Supplement") by and between Discover Bank and U.S. Bank National
Association, as Trustee, does hereby certify as follows with respect to the
Seies Supplement for the Discover Card Master Trust I, Series 1995-1Master
Trust Certificates for the Distribution Date occurring on December 15, 2000:
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<S> <C>
1. Discover Bank (formerly Greenwood Trust Company) is Master Servicer under
the Pooling and Servicing Agreement.
2. The undersigned is a Servicing Officer of Discover Bank as Master Servicer.
3. The aggregate amount of Collections processed during November, 2000
is equal to $5,477,970,442.75
4. The aggregate amount of Class A Principal Collections processed during
November, 2000 is equal to $89,931,977.44
5. The aggregate amount of Class A Finance Charge Collections processed
during November, 2000 is equal to $9,339,802.92
6a. The aggregate amount of Class A Principal Collections recharacterized as
Series Yield Collections during November, 2000 is equal to $0.00
6b. The aggregate amount of Class A Additional Funds for this Distribution
date is equal to $0.00
7. The amount of drawings under the Credit Enhancement required to be
made on the related Drawing Date pursuant to the Series Supplement:
(a) with respect to the Class A Required Amount Shortfall $0.00
is equal to
(b) with respect to the Class A Cumulative Investor Charged-Off $0.00
Amount is equal to
(c) with respect to the Class A Investor Interest is equal to $0.00
8. The sum of all amounts payable to the Class A Certificateholders
on the current Distribution Date is equal to $3,450,000.00
</TABLE>
<PAGE> 6
<TABLE>
<S> <C>
9. The aggregate amount of Class B Principal Collections processed during
November, 2000 is equal to $4,734,306.73
10. The aggregate amount of Class B Finance Charge Collections processed
during November, 2000 is equal to $491,677.08
11a. The aggregate amount of Class B Principal Collections recharacterized as
Series Yield Collections during November, 2000 is equal to $0.00
11b. The aggregate amount of Class B Additional Funds for this Distribution
date is equal to $0.00
12. The amount of drawings under the Credit Enhancement required to be
made on the related Drawing Date pursuant to the Series Supplement:
(a) with respect to the Class B Required Amount Shortfall $0.00
is equal to
(b) with respect to the Class B Cumulative Investor Charged-Off $0.00
Amount is equal to
(c) with respect to the Class B Investor Interest is equal to $0.00
13. The sum of all amounts payable to the Class B Certificateholders
on the current Distribution Date is equal to $186,052.94
14. Attached hereto is a true copy of the statement required to be delivered
by the Master Servicer on the date of this Certificate to the Trustee
pursuant to Section 16 of the Series Supplement.
</TABLE>
IN WITNESS WHEREOF, the undersigned has duly executed and delivered
certificate this 15th day of December, 2000.
Series 1995-1
DISCOVER BANK
as Master Servicer
By:
-------------------------------------
Vice President, Chief Accounting Officer,
and Treasurer
