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          MONTHLY CERTIFICATEHOLDERS' STATEMENT

          CHEVY CHASE MASTER CREDIT CARD TRUST II
                      SERIES 1995-C

     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 performanc
of the Trust during the month of February, 1998, is set forth below.
Certain of the information is presented on the basis of an original 
principal amount of $1,000 per Series 1995-C Certificate 
(a "Certificate").Certain other 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          $    4.4137500

          (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                   $    4.4137500

          (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




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          (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 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          $    4.5075000

          (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                    $    4.5075000

          (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