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              MONTHLY CERTIFICATEHOLDERS' STATEMENT
   
              CHEVY CHASE MASTER CREDIT CARD TRUST II
                          SERIES 1995-A
   
       Pursuant to the Pooling and Servicing Agreement dated as of
  June 1, 1995, (the "Pooling and Servicing Agreement"), among 
  Chevy Chase Bank, F.S.B., as Transferor and Servicer ("Chevy Chase"),
  CCB Holding Corporation, as Transferor, and Bankers Trust Company,
  as trustee (the "Trustee"), Chevy Chase, as Servicer, is required to 
  prepare certain information each month regarding current distributions
  to Certificateholders and the performance of the Chevy Chase Master
  Credit Card Trust II (the "Trust") during the previous month.  The
  information which is required to be prepared with respect to the 
  Distribution Date of March 16, 1998, and with respect to the performance
  of the Trust during the month of February, 1998 is set forth below.  Certain
  of the information is presented based on the aggregate amounts for the Trust
  as a whole.  Capitalized terms used in this Monthly Statement have their 
  respective meanings set forth in the Pooling and Servicing Agreement.
   
   
        A)    Information Regarding Distributions to
              the Class A Certificateholders, per
              $1,000 original certificate principal amount.
   
              (1)   The total amount of the
              distribution to Class A
              Certificateholders, per $1,000 
              original certificate principal amount           $      4.4062500
   
              (2)   The amount of the distribution
              set forth in paragraph 1 above in
              respect of interest on the Class A
              Certificates, per $1,000 original
              certificate principal amount                    $      4.4062500
   
              (3)   The amount of the distribution 
              set forth in paragraph 1 above in
              respect of principal of the Class A
              Certificates, per $1,000 original
              certificate principal amount                    $      0.0000000
   
        B)    Class A Investor Charge Offs and
              Reimbursement of Charge Offs
   
              (1)   The amount of Class A Investor
              Charge Offs                                     $      0.0000000
   
              (2)   The amount of Class A Investor
              Charge Offs set forth in paragraph 1
              above, per $1,000 original certificate
              principal amount                                $      0.0000000
   
              (3)   The total amount reimbursed in 
              respect of Class A Investor Charge Offs         $      0.0000000
   
              (4)   The amount set forth in paragraph
              3 above, per $1,000 original 



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              certificate principal amount                    $      0.0000000
   
              (5)   The amount, if any, by which the
              outstanding principal balance of the
              Class A Certificates exceeds the Class
              A Invested Amount after giving effect
              to all transactions on such Distribution Date   $      0.0000000
   
        C)    Information Regarding Distributions to 
              the Class B Certificateholders, per
              $1,000 original certificate principal amount.
   
              (1)   The total amount of the 
              distribution to Class B
              Certificatedholders, per $1,000
              original certificate principal amount           $      4.4887500
   
              (2)   The amount of the distribution
              set forth in paragraph 1 above in 
              respect of interest on the Class B 
              Certificates, per $1,000 original 
              cerificate principal amount                     $      4.4887500
   
              (3)   The amount of the distribution
              set forth in paragraph 1 above in 
              respect of principal on the Class B 
              Certificates, per $1,000 original 
              cerificate principal amount                     $      0.0000000
   
        D)    Class B Investor Charge Offs and
              Reimbursement of Charge Offs
   
              (1)   The amount of Class B Investor 
              Charge Offs                                     $      0.0000000
   
              (2)   The amount of Class B Investor
              Charge Offs set forth in paragraph 1
              above, per $1,000 original certificate 
              principal amount                                $      0.0000000
   
              (3)   The total amount reimbursed in 
              respect of Class B Investor Charge Offs         $      0.0000000
   
              (4)   The amount set forth in paragraph 
              3 above, per $1,000 original 
              certificate principal amount                    $      0.0000000
   
              (5)   The amount, if any, by which the 
              outstanding principal balance of the
              Class B Certificates exceeds the Class
              B Invested Amount after giving effect 
              to all transactions on such
              Distribution Date                               $      0.0000000
   
   
                                           CHEVY CHASE BANK, F.S.B.,
                                             Servicer
                                                    Mark A. Holles
                                           By  ________________________________
                                                    Mark A. Holles
                                                    Vice President