CC MASTER CREDIT CARD TRUST
8-K/A, 2000-02-29
ASSET-BACKED SECURITIES
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================================================================================

                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                   FORM 8-K/A

                                (AMENDMENT NO. 1)

                                 CURRENT REPORT

                       Pursuant to Section 13 or 15(d) of
                       The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)                   July 15, 1999
                                                                   -------------

                      FIRST USA BANK, NATIONAL ASSOCIATION
- --------------------------------------------------------------------------------
             (Exact name of registrant as specified in its charter)

      (As Servicer on behalf of CC MASTER CREDIT CARD TRUST (FORMERLY CHEVY
                        CHASE MASTER CREDIT CARD TRUST))
<TABLE>
<CAPTION>
   Laws of the United States               33-81786                       51-0269396
   -------------------------               --------                       ----------
<S>                                 <C>                          <C>
(State or other jurisdiction of     (Commission File Number)     (IRS Employer Identification
incorporation or organization)                                              Number)
</TABLE>

201 North Walnut Street, Wilmington, Delaware                            19801
- --------------------------------------------------------------------------------
(Address of principal executive offices)                              (Zip Code)

                  302/594-4117
- -------------------------------------------------------------
Registrant's telephone number, including area code

                                       N/A
- --------------------------------------------------------------------------------
              (Former name, former address and former fiscal year,
                         if changed since last report)

================================================================================

<PAGE>

This Amendment No. 1 on Form 8-K/A is being filed solely for the purpose of
filing corrected Exhibits 99.02 and 99.04 which shall replace Exhibits 99.02 and
99.04 as originally filed with this Form 8-K.

Item 7.  Financial Statements and Exhibits

         (c)  Exhibits.

              The following exhibits are filed as a part of this report:

              (99.01) Series 1994-5 Monthly Certificateholders' Statement

              (99.02) Series 1994-5 Monthly Statement To Certificateholders

              (99.03) Series 1995-1 Monthly Certificateholders' Statement

              (99.04) Series 1995-1 Monthly Statement To Certificateholders
<PAGE>

                                    SIGNATURE


      Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.


                                 FIRST USA BANK, NATIONAL ASSOCIATION
                                 As Servicer of the CC Master Credit Card Trust
                                 (formerly Chevy Chase Master Credit Card Trust)


                                 By: /s/ Tracie H. Klein
                                     -------------------------------------------
                                     Name:  Tracie H. Klein
                                     Title: First Vice President


Date:  February 29, 2000
       -----------------
<PAGE>

                                  Exhibit Index

Exhibit No.                   Description                                   Page

99.01*        Series 1994-5 Monthly Certificateholders' Statement

99.02         Series 1994-5 Monthly Statement to Certificateholders

99.03*        Series 1995-1 Monthly Certificateholders' Statement

99.04         Series 1995-1 Monthly Statement to Certificateholders

- --------------------------------------------------------------------------------
* Previously filed


                                                                    Exhibit 99.2

06/99                                                                     Page 1

                     MONTHLY STATEMENT TO CERTIFICATEHOLDERS
                           CC MASTER CREDIT CARD TRUST
                 (Formerly Chevy Chase Master Credit Card Trust)
                                  Series 1994-5

RECEIVABLES


Beginning of the Month Principal Receivables:                 $ 1,133,414,640.61
Beginning of the Month Finance Charge Receivables:            $    74,061,173.29
Beginning of the Month Discounted Receivables:                $             0.00
Beginning of the Month Total Receivables:                     $ 1,207,475,813.90

Removed Principal Receivables:                                $             0.00
Removed Finance Charge Receivables:                           $             0.00
Removed Total Receivables:                                    $             0.00

Additional Principal Receivables:                             $             0.00
Additional Finance Charge Receivables:                        $             0.00
Additional Total Receivables:                                 $             0.00

Discounted Receivables Generated this Period:                 $             0.00

End of the Month Principal Receivables:                       $ 1,092,339,143.74
End of the Month Finance Charge Receivables:                  $    70,392,707.68
End of the Month Discounted Receivables:                      $             0.00
End of the Month Total Receivables:                           $ 1,162,731,851.42

Special Funding Account Balance                               $             0.00
Aggregate Invested Amount (all Master Trust Series)           $   973,166,666.00
End of the Month Seller Amount                                $   119,172,477.74
End of the Month Seller Percentage                                        10.91%

DELINQUENCIES AND LOSSES

End of the Month Delinquencies:                                  RECEIVABLES

      30-59 Days Delinquent                                   $    35,694,909.55
      60-89 Days Delinquent                                   $    24,384,381.82
      90+ Days Delinquent                                     $    53,127,542.42
<PAGE>

06/99                                                                 Page 2

      Total 30+ Days Delinquent                               $   113,206,833.79
      Delinquent Percentage                                                9.74%

Defaulted Accounts During the Month                           $    10,301,962.51
Annualized Default Percentage                                             10.91%

Principal Collections                                             144,915,405.53
Principal Payment Rate                                                    12.79%

Total Payment Rate                                                        13.97%

INVESTED AMOUNTS

      Class A Initial Invested Amount                         $   230,000,000.00
      Class B Initial Invested Amount                         $    20,000,000.00

INITIAL INVESTED AMOUNT                                       $   250,000,000.00

      Class A Invested Amount                                 $   295,166,666.00
      Class B Invested Amount                                 $    28,000,000.00

INVESTED AMOUNT                                               $   323,166,666.00

FLOATING ALLOCATION PERCENTAGE                                            30.88%
PRINCIPAL ALLOCATION PERCENTAGE                                           30.88%

MONTHLY SERVICING FEE                                         $       403,958.33

INVESTOR DEFAULT AMOUNT                                       $     3,181,256.32

CLASS A AVAILABLE FUNDS--

CLASS A FLOATING PERCENTAGE                                               92.00%

      Class A Finance Charge Collections                      $     7,133,890.91
      Other Amounts                                           $             0.00
<PAGE>

06/99                                                                     Page 3

TOTAL CLASS A AVAILABLE FUNDS                                 $     7,133,890.91

      Class A Monthly Interest                                $     1,278,440.62
      Class A Servicing Fee                                   $       368,958.33
      Class A Investor Default Amount                         $     2,926,755.81

TOTAL CLASS A EXCESS SPREAD                                   $     2,559,736.15

REQUIRED AMOUNT                                               $             0.00

CLASS B AVAILABLE FUNDS

CLASS B FLOATING PERCENTAGE                                                8.00%

      Class B Finance Charge Collections                      $       621,893.88
      Other Amounts                                           $             0.00

TOTAL CLASS B AVAILABLE FUNDS                                 $       621,893.88

      Class B Monthly Interest                                $       126,175.00
      Class B Servicing Fee                                   $        35,000.00

TOTAL CLASS B EXCESS SPREAD                                   $       460,718.88

EXCESS SPREAD --

TOTAL EXCESS SPREAD                                           $     3,020,455.03

      Excess Spread Applied to Required Amount                $             0.00

      Excess Spread Applied to Class A Investor               $             0.00
      Charge Offs

      Excess Spread Applied to Class B Items                  $       254,500.51

      Excess Spread Applied to Class B Investor               $             0.00
      Charge Offs
<PAGE>

06/99                                                                     Page 4

      Excess Spread Applied to Monthly Cash                   $        19,255.35
      Collateral Fee

      Excess Spread Applied to Cash Collateral                $             0.00
      Account

      Excess Spread Applied to other amounts owed             $             0.00
      Cash Collateral Depositor

TOTAL EXCESS FINANCE CHARGE COLLECTIONS ELIGIBLE
FOR GROUP I                                                   $     2,746,699.17

EXCESS FINANCE CHARGES COLLECTIONS -- GROUP I --

TOTAL EXCESS FINANCE CHARGE COLLECTIONS FOR ALL
SERIES IN GROUP I                                             $     7,611,555.24

SERIES 1994-5 EXCESS FINANCE CHARGE COLLECTIONS --

EXCESS FINANCE CHARGE COLLECTIONS ALLOCATED TO                $             0.00
SERIES 1994-5

      Excess Finance Charge Collections Applied to            $             0.00
      Required Amount

      Excess Finance Charge Collections Applied to            $             0.00
      Class A Investor Charge Offs

      Excess Finance Charge Collections Applied to            $             0.00
      Class B Items

      Excess Finance Charge Collections Applied to            $             0.00
      Class B Investor Charge Offs

      Excess Finance Charge Collections Applied to            $             0.00
      Monthly Cash Collateral Fee

      Excess Finance Charge Collections Applied to            $             0.00
      Cash Collateral Account

      Excess Finance Charge Collections Applied to            $             0.00
      other amounts owed Cash Collateral Depositor
<PAGE>

06/99                                                                     Page 5

YIELD AND BASE RATE --

      Base Rate (Current Month)                                            6.82%
      Base Rate (Prior Month)                                              7.13%
      Base Rate (Two Months Ago)                                           7.15%

THREE MONTH AVERAGE BASE RATE                                              7.03%

      Portfolio Yield (Current Month)                                     15.68%
      Portfolio Yield (Prior Month)                                       12.03%
      Portfolio Yield (Two Months Ago)                                    12.51%

THREE MONTH AVERAGE PORTFOLIO YIELD                                       13.41%

PRINCIPAL COLLECTIONS --

CLASS A PRINCIPAL PERCENTAGE                                              92.00%

      Class A Principal Collections                           $    41,170,020.38

CLASS B PRINCIPAL PERCENTAGE                                               8.00%

      Class B Principal Collections                           $     3,580,001.77

TOTAL PRINCIPAL COLLECTIONS                                   $    44,750,022.15

SHARED PRINCIPAL COLLECTIONS ALLOCABLE FROM OTHER             $             0.00
SERIES

CLASS A AMORTIZATION --

      Controlled Amortization Amount                          $    26,833,334.00
      Deficit Controlled Amortization Amount                  $             0.00

CONTROLLED DISTRIBUTION AMOUNT                                $    26,833,334.00
<PAGE>

06/99                                                                     Page 6

CLASS B AMORTIZATION --

      Controlled Amortization Amount                          $             0.00
      Deficit Controlled Amortization Amount                  $             0.00

CONTROLLED DISTRIBUTION AMOUNT                                $             0.00

EXCESS PRINCIPAL COLLECTIONS ELIGIBLE FOR                     $    17,916,688.15
PRINCIPAL SHARING

INVESTOR CHARGE OFFS --

CLASS A INVESTOR CHARGE OFFS                                  $             0.00

CLASS B INVESTOR CHARGE OFFS                                  $             0.00

PREVIOUS CLASS A CHARGE OFFS REIMBURSED                       $             0.00
PREVIOUS CLASS B CHARGE OFFS REIMBURSED                       $             0.00

CASH COLLATERAL ACCOUNT --

      Required Cash Collateral Amount                         $    41,486,666.48
      Available Cash Collateral Amount                        $    41,486,666.48

INTEREST RATE CAP PAYMENTS --

      Class A Interest Rate Cap Payments                      $             0.00
      Class B Interest Rate Cap Payments                      $             0.00

TOTAL DRAW AMOUNT                                             $             0.00
CASH COLLATERAL ACCOUNT SURPLUS                               $             0.00


                                                   First USA Bank, NA,
                                                   as Servicer


                                                   By: /s/ Tracie H. Klein
                                                       -------------------------
                                                       Tracie H. Klein
                                                       First Vice President


                                                                    Exhibit 99.4

06/99                                                                     Page 1

                     MONTHLY STATEMENT TO CERTIFICATEHOLDERS
                           CC MASTER CREDIT CARD TRUST
                 (Formerly Chevy Chase Master Credit Card Trust)
                                  SERIES 1995-1

RECEIVABLES

Beginning of the Month Principal Receivables:                 $ 1,133,414,640.61
Beginning of the Month Finance Charge Receivables:            $    74,061,173.29
Beginning of the Month Discounted Receivables:                $             0.00
Beginning of the Month Total Receivables:                     $ 1,207,475,813.90

Removed Principal Receivables:                                $             0.00
Removed Finance Charge Receivables:                           $             0.00
Removed Total Receivables:                                    $             0.00

Additional Principal Receivables:                             $             0.00
Additional Finance Charge Receivables:                        $             0.00
Additional Total Receivables:                                 $             0.00

Discounted Receivables Generated this Period:                 $             0.00

End of the Month Principal Receivables:                       $ 1,092,339,143.74
End of the Month Finance Charge Receivables:                  $    70,392,707.68
End of the Month Discounted Receivables:                      $             0.00
End of the Month Total Receivables:                           $ 1,162,731,851.42

Special Funding Account Balance                               $             0.00
Aggregate Invested Amount (all Master Trust Series)           $   973,166,666.00
End of the Month Seller Amount                                $   119,172,477.74
End of the Month Seller Percentage                                        10.91%

DELINQUENCIES AND LOSSES

End of the Month Delinquencies:                                  RECEIVABLES

      30-59 Days Delinquent                                   $    35,694,909.55
      60-89 Days Delinquent                                   $    24,384,381.82
      90+ Days Delinquent                                     $    53,127,542.42
<PAGE>

06/99                                                                     Page 2

      Total 30+ Days Delinquent                               $   113,206,833.79
      Delinquent Percentage                                                9.74%

Defaulted Accounts During the Month                           $    10,301,962.51
Annualized Default Percentage                                             10.91%

Principal Collections                                             144,915,405.53
Principal Payment Rate                                                    12.79%

Total Payment Rate                                                        13.97%

INVESTED AMOUNTS

      Class A Initial Invested Amount                         $   273,750,000.00
      Class B Initial Invested Amount                         $    26,250,000.00

INITIAL INVESTED AMOUNT                                       $   300,000,000.00

      Class A Invested Amount                                 $   319,375,000.00
      Class B Invested Amount                                 $    30,625,000.00

INVESTED AMOUNT                                               $   350,000,000.00

FLOATING ALLOCATION PERCENTAGE                                            30.88%
PRINCIPAL ALLOCATION PERCENTAGE                                           30.88%

MONTHLY SERVICING FEE                                         $       437,500.00

INVESTOR DEFAULT AMOUNT                                       $     3,181,256.32

CLASS A AVAILABLE FUNDS--

CLASS A FLOATING PERCENTAGE                                               91.25%

      Class A Finance Charge Collections                      $     7,093,477.25
      Other Amounts                                           $             0.00
<PAGE>

06/99                                                                     Page 3

TOTAL CLASS A AVAILABLE FUNDS                                 $     7,093,477.25

      Class A Monthly Interest                                $     1,380,631.51
      Class A Servicing Fee                                   $       399,218.75
      Class A Investor Default Amount                         $     2,902,896.39

TOTAL CLASS A EXCESS SPREAD                                   $     2,410,730.60

REQUIRED AMOUNT                                               $             0.00

CLASS B AVAILABLE FUNDS

CLASS B FLOATING PERCENTAGE                                                8.75%

      Class B Finance Charge Collections                      $       680,196.43
      Other Amounts                                           $             0.00

TOTAL CLASS B AVAILABLE FUNDS                                 $       680,196.43

      Class B Monthly Interest                                $       136,217.45
      Class B Servicing Fee                                   $        38,281.25

TOTAL CLASS B EXCESS SPREAD                                   $       505,697.73

EXCESS SPREAD --

TOTAL EXCESS SPREAD                                           $     2,916,428.33

      Excess Spread Applied to Required Amount                $             0.00

      Excess Spread Applied to Class A Investor               $             0.00
      Charge Offs

      Excess Spread Applied to Class B Items                  $       278,359.93

      Excess Spread Applied to Class B Investor               $             0.00
      Charge Offs
<PAGE>

06/99                                                                     Page 4

      Excess Spread Applied to Monthly Cash                   $        19,140.63
      Collateral Fee

      Excess Spread Applied to Cash Collateral                $             0.00
      Account

      Excess Spread Applied to other amounts owed             $             0.00
      Cash Collateral Depositor

TOTAL EXCESS FINANCE CHARGE COLLECTIONS ELIGIBLE
FOR GROUP I                                                   $     2,618,927.77

EXCESS FINANCE CHARGES COLLECTIONS -- GROUP I --

TOTAL EXCESS FINANCE CHARGE COLLECTIONS FOR ALL
SERIES IN GROUP I                                             $     7,611,555.24

SERIES 1995-1 EXCESS FINANCE CHARGE COLLECTIONS --

EXCESS FINANCE CHARGE COLLECTIONS ALLOCATED TO                $             0.00
SERIES 1995-1

      Excess Finance Charge Collections Applied to            $             0.00
      Required Amount

      Excess Finance Charge Collections Applied to            $             0.00
      Class A Investor Charge Offs

      Excess Finance Charge Collections Applied to            $             0.00
      Class B Items

      Excess Finance Charge Collections Applied to            $             0.00
      Class B Investor Charge Offs

      Excess Finance Charge Collections Applied to            $             0.00
      Monthly Cash Collateral Fee

      Excess Finance Charge Collections Applied to            $             0.00
      Cash Collateral Account

      Excess Finance Charge Collections Applied to            $             0.00
      other amounts owed Cash Collateral Depositor
<PAGE>

06/99                                                                     Page 5

YIELD AND BASE RATE --

      Base Rate (Current Month)                                            7.20%
      Base Rate (Prior Month)                                              7.12%
      Base Rate (Two Months Ago)                                           7.14%

THREE MONTH AVERAGE BASE RATE                                              7.15%

      Portfolio Yield (Current Month)                                     15.75%
      Portfolio Yield (Prior Month)                                       12.03%
      Portfolio Yield (Two Months Ago)                                    12.51%

THREE MONTH AVERAGE PORTFOLIO YIELD                                       13.43%

PRINCIPAL COLLECTIONS --

CLASS A PRINCIPAL PERCENTAGE                                              91.25%

      Class A Principal Collections                           $    40,834,395.21

CLASS B PRINCIPAL PERCENTAGE                                               8.75%

      Class B Principal Collections                           $     3,915,626.92

TOTAL PRINCIPAL COLLECTIONS                                   $    44,750,022.13

SHARED PRINCIPAL COLLECTIONS ALLOCABLE FROM OTHER             $             0.00
SERIES

CLASS A AMORTIZATION --

      Controlled Amortization Amount                          $             0.00
      Deficit Controlled Amortization Amount                  $             0.00

CONTROLLED DISTRIBUTION AMOUNT                                $             0.00
<PAGE>

06/99                                                                     Page 6

CLASS B AMORTIZATION --

      Controlled Amortization Amount                          $             0.00
      Deficit Controlled Amortization Amount                  $             0.00

CONTROLLED DISTRIBUTION AMOUNT                                $             0.00

EXCESS PRINCIPAL COLLECTIONS ELIGIBLE FOR PRINCIPAL           $    44,750,022.13
SHARING

INVESTOR CHARGE OFFS --

CLASS A INVESTOR CHARGE OFFS                                  $             0.00

CLASS B INVESTOR CHARGE OFFS                                  $             0.00

PREVIOUS CLASS A CHARGE OFFS REIMBURSED                       $             0.00
PREVIOUS CLASS B CHARGE OFFS REIMBURSED                       $             0.00

CASH COLLATERAL ACCOUNT --

      Required Cash Collateral Amount                         $    45,500,000.00
      Available Cash Collateral Amount                        $    45,500,000.00

INTEREST RATE CAP PAYMENTS --

      Class A Interest Rate Cap Payments                      $             0.00
      Class B Interest Rate Cap Payments                      $             0.00

TOTAL DRAW AMOUNT                                             $             0.00
CASH COLLATERAL ACCOUNT SURPLUS                               $             0.00


                                                   First USA Bank, NA,
                                                   as Servicer


                                                   By: /s/ Tracie H. Klein
                                                       -------------------------
                                                       Tracie H. Klein
                                                       First Vice President


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