PEOPLE'S BANK CREDIT CARD MASTER TRUST SERIES 1993-1 1996 ANNUAL TAX STATEMENT Total Distributions For The Year Ended 12/31/96: $205,200,000.00 Total Distributions Per $1,000 of Original Investment: $1,026.00 Distributions Allocated To Certificate Principal: $200,000,000.00 Distributions of Principal Per $1,000 of Original Investment: $1,000.00 Distributions Allocated to Certificate Interest: $5,200,000.00 Distributions of Interest Per $1,000 of Original Investment: $26.00 PEOPLE'S BANK CREDIT CARD MASTER TRUST SERIES 1994-1 1996 ANNUAL TAX STATEMENT Total Distributions For The Year Ended 12/31/96: $76,441,666.66 Total Distributions Per $1,000 of Original Investment: $382.21 Distributions Allocated To Certificate Principal: $66,666,666.66 Distributions of Principal Per $1,000 of Original Investment: $333.33 Distributions Allocated to Certificate Interest: $9,775,000.00 Distributions of Interest Per $1,000 of Original Investment: $48.88 PEOPLE'S BANK CREDIT CARD MASTER TRUST SERIES 1994-2 1996 ANNUAL TAX STATEMENT Total Class A Distributions For The Year Ended 12/31/96: $21,846,447.53 Total Class A Distributions Per $1,000 of Original Investment: $57.49 Total Class B Distributions For The Year Ended 12/31/96: $1,220,785.25 Total Class B Distributions Per $1,000 of Original Investment: $60.04 Class A Distributions Allocated To Certificate Principal: $0.00 Class A Distributions of Principal Per $1,000 of Original Investment: $0.00 Class B Distributions Allocated to Certificate Principal $0.00 Class B Distributions of Principal Per $1,000 of Original Investment: $0.00 Class A Distributions Allocated To Certificate Interest: $21,846,447.53 Class A Distributions of Interest Per $1,000 of Original Investment: $57.49 Class B Distributions Allocated to Certificate Interest $1,200,785.25 Class B Distributions of Interest Per $1,000 of Original Investment: $60.04 PEOPLE'S BANK CREDIT CARD MASTER TRUST SERIES 1995-1 1996 ANNUAL TAX STATEMENT Total Class A Distributions For The Year Ended 12/31/96: $22,040,141.96 Total Class A Distributions Per $1,000 of Original Investment: $58.00 Total Class B Distributions For The Year Ended 12/31/96: $1,190,590.80 Total Class B Distributions Per $1,000 of Original Investment: $59.53 Class A Distributions Allocated To Certificate Principal: $0.00 Class A Distributions of Principal Per $1,000 of Original Investment: $0.00 Class B Distributions Allocated to Certificate Principal $0.00 Class B Distributions of Principal Per $1,000 of Original Investment: $0.00 Class A Distributions Allocated To Certificate Interest: $22,040,141.96 Class A Distributions of Interest Per $1,000 of Original Investment: $58.00 Class B Distributions Allocated to Certificate Interest $1,190,590.80 Class B Distributions of Interest Per $1,000 of Original Investment: $59.53 PEOPLE'S BANK CREDIT CARD MASTER TRUST SERIES 1996-1 1996 ANNUAL TAX STATEMENT Total Class A Distributions For The Year Ended 12/31/96: $9,826,646.41 Total Class A Distributions Per $1,000 of Original Investment: $25.93 Total Class B Distributions For The Year Ended 12/31/96: $559,096.87 Total Class B Distributions Per $1,000 of Original Investment: $26.62 Class A Distributions Allocated To Certificate Principal: $0.00 Class A Distributions of Principal Per $1,000 of Original Investment: $0.00 Class B Distributions Allocated to Certificate Principal $0.00 Class B Distributions of Principal Per $1,000 of Original Investment: $0.00 Class A Distributions Allocated To Certificate Interest: $9,826.646.41 Class A Distributions of Interest Per $1,000 of Original Investment: $25.93 Class B Distributions Allocated to Certificate Interest $559,096.87 Class B Distributions of Interest Per $1,000 of Original Investment: $26.62