Sep-2001 1995-A Page 1
Exhibit 99.3
MONTHLY STATEMENT TO CERTIFICATEHOLDERS
SERIES 1995-A
CC MASTER CREDIT CARD TRUST II
(Formerly Chevy Chase Master Credit Card Trust II)
RECEIVABLES
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Beginning of the Month Principal Receivables: $2,930,612,861.53
Beginning of the Month Finance Charge Receivables: $154,076,978.70
Beginning of the Month Discounted Receivables: $0.00
Beginning of the Month Total Receivables: $3,084,689,840.23
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: $2,846,311,830.52
End of the Month Finance Charge Receivables: $159,595,970.84
End of the Month Discounted Receivables: $0.00
End of the Month Total Receivables: $3,005,907,801.36
Special Funding Account Balance $0.00
Aggregate Invested Amount (all Master Trust II Series) $1,931,000,000.00
End of the Month Transferor Amount $915,311,830.52
End of the Month Transferor Percentage 32.16%
DELINQUENCIES AND LOSSES
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End of the Month Delinquencies:
30-59 Days Delinquent $68,610,185.84
60-89 Days Delinquent $48,242,481.56
90+ Days Delinquent $90,182,416.26
Total 30+ Days Delinquent $207,035,083.66
Delinquent Percentage 6.89%
Defaulted Accounts During the Month $19,915,707.60
Annualized Default Percentage 8.15%
Sep-2001 1995-A Page 2
Principal Collections $327,666,317.47
Principal Payment Rate 11.18%
Total Payment Rate 11.98%
INITIAL INVESTED AMOUNTS
Class A Initial Invested Amount $368,000,000.00
Class B Initial Invested Amount $32,000,000.00
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TOTAL INITIAL INVESTED AMOUNT $400,000,000.00
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 13.65%
PRINCIPAL ALLOCATION PERCENTAGE 13.65%
MONTHLY SERVICING FEE $500,000.00
INVESTOR DEFAULT AMOUNT $2,718,299.35
CLASS A AVAILABLE FUNDS
-----------------------
CLASS A FLOATING ALLOCATION PERCENTAGE 92.00%
Class A Finance Charge Collections $5,706,636.49
Other Amounts $0.00
TOTAL CLASS A AVAILABLE FUNDS $5,706,636.49
Class A Monthly Interest $1,069,755.56
Class A Servicing Fee $460,000.00
Class A Investor Default Amount $2,500,835.40
TOTAL CLASS A EXCESS SPREAD $1,676,045.53
REQUIRED AMOUNT $0.00
Sep-2001 1995-A Page 3
CLASS B AVAILABLE FUNDS
-----------------------
CLASS B FLOATING ALLOCATION PERCENTAGE 8.00%
Class B Finance Charge Collections $496,229.28
Other Amounts $0.00
TOTAL CLASS B AVAILABLE FUNDS $496,229.28
Class B Monthly Interest $95,760.00
Class B Servicing Fee $40,000.00
TOTAL CLASS B EXCESS SPREAD $360,469.28
EXCESS SPREAD
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TOTAL EXCESS SPREAD $2,036,514.81
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 Items $217,463.95
Excess Spread Applied to Class B Investor Charge Offs $0.00
Excess Spread Applied to Monthly Cash Collateral Fee $24,888.88
Excess Spread Applied to Cash Collateral Account $0.00
Excess Spread Applied to Reserve Account $0.00
Excess Spread Applied to other amounts owed to
Cash Collateral Depositor $0.00
TOTAL EXCESS FINANCE CHARGE COLLECTIONS ELIGIBLE FOR
GROUP I $1,794,161.98
Sep-2001 1995-A Page 4
EXCESS FINANCE CHARGE COLLECTIONS -- GROUP I
--------------------------------------------
TOTAL EXCESS FINANCE CHARGE COLLECTIONS FOR ALL SERIES
IN GROUP I $10,098,610.30
SERIES 1995-A EXCESS FINANCE CHARGE COLLECTIONS
-----------------------------------------------
EXCESS FINANCE CHARGE COLLECTIONS ALLOCATED TO
SERIES 1995-A $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) 5.75%
Base Rate (Prior Month) 5.90%
Base Rate (Two Months Ago) 6.09%
--------
THREE MONTH AVERAGE BASE RATE 5.91%
Portfolio Yield (Current Month) 10.45%
Portfolio Yield (Prior Month) 12.94%
Portfolio Yield (Two Months Ago) 11.18%
--------
THREE MONTH AVERAGE PORTFOLIO YIELD 11.52%
Sep-2001 1995-A Page 5
PRINCIPAL COLLECTIONS
---------------------
CLASS A PRINCIPAL PERCENTAGE 92.00%
Class A Principal Collections $41,145,388.56
CLASS B PRINCIPAL PERCENTAGE 8.00%
Class B Principal Collections $3,577,859.87
TOTAL PRINCIPAL COLLECTIONS $44,723,248.43
INVESTOR DEFAULT AMOUNT $2,718,299.35
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 $47,441,547.78
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
Sep-2001 1995-A 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 klein
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Tracie H. Klein
First Vice President