Exhibit 99.4
08/99 Page 1
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: $ 2,930,005,220.60
Beginning of the Month Finance Charge Receivables: $ 126,388,522.60
Beginning of the Month Discounted Receivables: $ 0.00
Beginning of the Month Total Receivables: $ 3,056,393,743.20
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: $ 2,927,221,831.62
End of the Month Finance Charge Receivables: $ 123,281,208.34
End of the Month Discounted Receivables: $ 0.00
End of the Month Total Receivables: $ 3,050,503,039.96
Special Funding Account Balance $ 0.00
Aggregate Invested Amount (all Master Trust Series) $ 2,300,000,000.00
End of the Month Transferor Amount $ 627,221,831.62
End of the Month Transferor Percentage 21.43%
DELINQUENCIES AND LOSSES
End of the Month Delinquencies: RECEIVABLES
30-59 Days Delinquent $ 68,868,987.28
60-89 Days Delinquent $ 50,212,847.69
90+ Days Delinquent $ 98,469,682.87
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Total 30+ Days Delinquent $ 217,551,517.84
Delinquent Percentage 7.13%
Defaulted Accounts During the Month $ 19,884,369.56
Annualized Default Percentage 8.14%
Principal Collections 465,776,441.07
Principal Payment Rate 15.90%
Total Payment Rate 16.80%
INVESTED AMOUNTS
Class A Initial Invested Amount $ 322,000,000.00
Class B Initial Invested Amount $ 28,000,000.00
INITIAL INVESTED AMOUNT $ 350,000,000.00
Class A Invested Amount $ 368,000,000.00
Class B Invested Amount $ 32,000,000.00
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 $ 2,714,594.25
CLASS A AVAILABLE FUNDS--
CLASS A FLOATING PERCENTAGE 92.00%
Class A Finance Charge Collections $ 6,452,978.27
Other Amounts $ 0.00
TOTAL CLASS A AVAILABLE FUNDS $ 6,452,978.27
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Class A Monthly Interest $ 1,695,483.33
Class A Servicing Fee $ 460,000.00
Class A Investor Default Amount $ 2,497,426.71
TOTAL CLASS A EXCESS SPREAD $ 1,800,068.23
REQUIRED AMOUNT $ 0.00
CLASS B AVAILABLE FUNDS
CLASS B FLOATING PERCENTAGE 8.00%
Class B Finance Charge Collections $ 561,128.53
Other Amounts $ 0.00
TOTAL CLASS B AVAILABLE FUNDS $ 561,128.53
Class B Monthly Interest $ 150,766.67
Class B Servicing Fee $ 40,000.00
TOTAL CLASS B EXCESS SPREAD $ 370,361.86
EXCESS SPREAD --
TOTAL EXCESS SPREAD $ 2,170,430.09
Excess Spread Applied to Required Amount $ 0.00
Excess Spread Applied to Class A Investor $ 0.00
Charge Offs
Excess Spread Applied to Class B $ 217,167.54
Interest, Servicing Fee and Default
Amount
Excess Spread Applied to Reductions of $ 0.00
Class B Invested Amount
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Excess Spread Applied to Monthly Cash $ 27,704.91
Collateral Fee
Excess Spread Applied to Cash Collateral $ 0.00
Account
Excess Spread Applied to other amounts owed $ 0.00
Cash Collateral Depositor
TOTAL EXCESS FINANCE CHARGE COLLECTIONS ELIGIBLE
FOR GROUP I $ 1,925,557.64
EXCESS FINANCE CHARGES COLLECTIONS -- GROUP I --
TOTAL EXCESS FINANCE CHARGE COLLECTIONS FOR ALL
SERIES IN GROUP I $ 5,809,171.11
SERIES 1995-C EXCESS FINANCE CHARGE COLLECTIONS --
EXCESS FINANCE CHARGE COLLECTIONS ALLOCATED TO $ 0.00
SERIES 1995-C
Excess Finance Charge Collections Applied to $ 0.00
Required Amount
Excess Finance Charge Collections Applied to $ 0.00
Class A Investor Charge Offs
Excess Finance Charge Collections Applied to $ 0.00
Class B Interest, Servicing Fee and Default Amounts
Excess Finance Charge Collections Applied to $ 0.00
Reductions of Class B Invested Amount
Excess Finance Charge Collections Applied to $ 0.00
Monthly Cash Collateral Fee
Excess Finance Charge Collections Applied to $ 0.00
Cash Collateral Account
Excess Finance Charge Collections Applied to $ 0.00
other amounts owed Cash Collateral Depositor
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YIELD AND BASE RATE --
Base Rate (Current Month) 7.54%
Base Rate (Prior Month) 7.45%
Base Rate (Two Months Ago) 7.26%
THREE MONTH AVERAGE BASE RATE 7.42%
Portfolio Yield (Current Month) 12.90%
Portfolio Yield (Prior Month) 9.95%
Portfolio Yield (Two Months Ago) 13.92%
THREE MONTH AVERAGE PORTFOLIO YIELD 12.26%
PRINCIPAL COLLECTIONS --
CLASS A PRINCIPAL PERCENTAGE 92.00%
Class A Principal Collections $ 58,500,347.21
CLASS B PRINCIPAL PERCENTAGE 8.00%
Class B Principal Collections $ 5,086,986.73
TOTAL PRINCIPAL COLLECTIONS $ 63,587,333.94
REALLOCATED PRINCIPAL COLLECTIONS $
$ 0.00
SHARED PRINCIPAL COLLECTIONS ALLOCABLE FROM OTHER $ 0.00
SERIES
CLASS A SCHEDULED AMORTIZATION --
Controlled Amortization Amount $ 0.00
Deficit Controlled Amortization Amount $ 0.00
CONTROLLED DEPOSIT AMOUNT $ 0.00
08/99 Page 6
CLASS B SCHEDULED AMORTIZATION --
Controlled Accumulation Amount $ 0.00
Deficit Controlled Accumulation Amount $ 0.00
CONTROLLED DEPOSIT AMOUNT $ 0.00
EXCESS PRINCIPAL COLLECTIONS ELIGIBLE FOR PRINCIPAL $ 63,587,333.94
SHARING
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
TOTAL DRAW AMOUNT $ 0.00
CASH COLLATERAL ACCOUNT SURPLUS $ 0.00
First USA Bank, NA
as Servicer
By: /s/ Tracie Klein
-----------------------------
Tracie H. Klein
First Vice President