Oct-2000 1995-C Page 1
EXHIBIT 99.5
MONTHLY STATEMENT TO CERTIFICATEHOLDERS
SERIES 1995-C
CC MASTER CREDIT CARD TRUST II
(Formerly Chevy Chase Master Credit Card Trust II)
RECEIVABLES
Beginning of the Month Principal Receivables: $3,005,089,625.25
Beginning of the Month Finance Charge Receivables: $ 152,398,233.47
Beginning of the Month Discounted Receivables: $ 0.00
Beginning of the Month Total Receivables: $3,157,487,858.72
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: $2,954,073,738.94
End of the Month Finance Charge Receivables: $ 147,551,019.69
End of the Month Discounted Receivables: $ 0.00
End of the Month Total Receivables: $3,101,624,758.63
Special Funding Account Balance $ 0.00
Aggregate Invested Amount (all Master Trust II Series) $2,300,000,000.00
End of the Month Transferor Amount $ 654,073,738.94
End of the Month Transferor Percentage 22.14%
DELINQUENCIES AND LOSSES
End of the Month Delinquencies:
30-59 Days Delinquent $ 68,638,213.36
60-89 Days Delinquent $ 50,358,199.79
90+ Days Delinquent $ 91,248,801.03
Total 30+ Days Delinquent $210,245,214.18
Delinquent Percentage 6.78%
Defaulted Accounts During the Month $ 20,897,990.17
Annualized Default Percentage 8.35%
Oct-2000 1995-C Page 2
Principal Collections $399,064,663.34
Principal Payment Rate 13.28%
Total Payment Rate 14.28%
INITIAL INVESTED AMOUNTS
Class A Initial Invested Amount $322,000,000.00
Class B Initial Invested Amount $ 28,000,000.00
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TOTAL INITIAL INVESTED AMOUNT $350,000,000.00
INVESTED AMOUNTS
Class A Invested Amount $368,000,000.00
Class B Invested Amount $ 32,000,000.00
---------------
TOTAL INVESTED AMOUNT $400,000,000.00
FLOATING ALLOCATION PERCENTAGE 13.31%
PRINCIPAL ALLOCATION PERCENTAGE 13.31%
MONTHLY SERVICING FEE $ 500,000.00
INVESTOR DEFAULT AMOUNT $2,781,679.45
CLASS A AVAILABLE FUNDS
- -----------------------
CLASS A FLOATING ALLOCATION PERCENTAGE 92.00%
Class A Finance Charge Collections $6,815,280.38
Other Amounts $ 0.00
TOTAL CLASS A AVAILABLE FUNDS $6,815,280.38
Class A Monthly Interest $2,109,866.67
Class A Servicing Fee $ 460,000.00
Class A Investor Default Amount $2,559,145.09
TOTAL CLASS A EXCESS SPREAD $1,686,268.62
REQUIRED AMOUNT $ 0.00
Oct-2000 1995-C Page 3
CLASS B AVAILABLE FUNDS
- -----------------------
CLASS B FLOATING ALLOCATION PERCENTAGE 8.00%
Class B Finance Charge Collections $592,633.10
Other Amounts $ 0.00
TOTAL CLASS B AVAILABLE FUNDS $592,633.10
Class B Monthly Interest $186,800.00
Class B Servicing Fee $ 40,000.00
TOTAL CLASS B EXCESS SPREAD $365,833.10
EXCESS SPREAD
- -------------
TOTAL EXCESS SPREAD $2,052,101.72
Excess Spread Applied to Required Amount $ 0.00
Excess Spread Applied to Class A Investor Charge Offs $ 0.00
Excess Spread Applied to Class B Interest, Servicing Fee, and Default Amount $ 222,534.36
Excess Spread Applied to Class B Reductions of Class B Investe $ 0.00
Excess Spread Applied to Monthly Cash Collateral Fee $ 25,858.43
Excess Spread Applied to Cash Collateral Account $ 0.00
Excess Spread Applied to Reserve Account
Excess Spread Applied to other amounts owed to
Cash Collateral Depositor $ 147.57
TOTAL EXCESS FINANCE CHARGE COLLECTIONS ELIGIBLE FOR
GROUP I $1,803,561.36
Oct-2000 1995-C Page 4
EXCESS FINANCE CHARGE COLLECTIONS -- GROUP I
- --------------------------------------------
TOTAL EXCESS FINANCE CHARGE COLLECTIONS FOR ALL SERIES
IN GROUP I $10,200,607.57
SERIES 1995-C EXCESS FINANCE CHARGE COLLECTIONS
- -----------------------------------------------
EXCESS FINANCE CHARGE COLLECTIONS ALLOCATED TO
SERIES 1995-C $0.00
Excess Finance Charge Collections applied to
Required Amount $0.00
Excess Finance Charge Collections applied to
Class A Investor Charge Offs $0.00
Excess Finance Charge Collections applied to
Class B Items $0.00
Excess Finance Charge Collections applied to
Class B Investor Charge Offs $0.00
Excess Finance Charge Collections applied to
Monthly Cash Collateral Fee $0.00
Excess Finance Charge Collections applied to
Cash Collateral Account $0.00
Excess Finance Charge Collections applied to
Reserve Account $0.00
Excess Finance Charge Collections applied to
other amounts owed Cash Collateral Depositor $0.00
YIELD AND BASE RATE
- -------------------
Base Rate (Current Month) 8.89%
Base Rate (Prior Month) 8.89%
Base Rate (Two Months Ago) 8.89%
-----
THREE MONTH AVERAGE BASE RATE 8.89%
Portfolio Yield (Current Month) 13.88%
Portfolio Yield (Prior Month) 11.69%
Portfolio Yield (Two Months Ago) 14.58%
------
THREE MONTH AVERAGE PORTFOLIO YIELD 13.38%
Oct-2000 1995-C Page 5
PRINCIPAL COLLECTIONS
- ---------------------
CLASS A PRINCIPAL PERCENTAGE 92.00%
Class A Principal Collections $48,869,023.69
CLASS B PRINCIPAL PERCENTAGE 8.00%
Class B Principal Collections $ 4,249,480.32
TOTAL PRINCIPAL COLLECTIONS $53,118,504.01
INVESTOR DEFAULT AMOUNT $ 2,781,679.45
REALLOCATED PRINCIPAL COLLECTIONS $ 0.00
SHARED PRINCIPAL COLLECTIONS ALLOCABLE
FROM OTHER SERIES $ 0.00
CLASS A ACCUMULATION
Controlled Accumulation Amount $ 0.00
Deficit Controlled Accumulation Amount $ 0.00
CONTROLLED DISTRIBUTION AMOUNT $ 0.00
CLASS B ACCUMULATION
Controlled Accumulation Amount $ 0.00
Deficit Controlled Accumulation Amount $ 0.00
CONTROLLED DISTRIBUTION AMOUNT $ 0.00
EXCESS PRINCIPAL COLLECTIONS ELIGIBLE FOR
PRINCIPAL SHARING $55,900,183.46
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 $52,000,000.00
Available Cash Collateral Amount $52,000,000.00
Oct-2000 1995-C Page 6
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, National Association
as Servicer
By: /s/ Tracie H. Klein
------------------------------
Tracie H. Klein
First Vice President