-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, O79g2ddnvEiK/WnC5QxFwG9DvAAdNRJ3uyHBWVGNLTfuz1V+TNCYQnMs1ew9b4m9 s7QLXjvTPZ7xAQzx7Mn8UA== 0001144204-05-035872.txt : 20051115 0001144204-05-035872.hdr.sgml : 20051115 20051115114052 ACCESSION NUMBER: 0001144204-05-035872 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20051115 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20051115 DATE AS OF CHANGE: 20051115 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CHASE CREDIT CARD MASTER TRUST CENTRAL INDEX KEY: 0001004988 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 222382028 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-28338-03 FILM NUMBER: 051205273 BUSINESS ADDRESS: STREET 1: WHITE CLAY CENTER, BUILDING 200 STREET 2: ROUTE 273 CITY: NEWARK STATE: DE ZIP: 19711 BUSINESS PHONE: 3025755000 MAIL ADDRESS: STREET 1: WHITE CLAY CENTER, BUILDING 200 STREET 2: ROUTE 273 CITY: NEWARK STATE: DE ZIP: 19711 FORMER COMPANY: FORMER CONFORMED NAME: CHEMICAL MASTER CREDIT CARD TRUST I DATE OF NAME CHANGE: 19951219 FILER: COMPANY DATA: COMPANY CONFORMED NAME: JPMorgan Chase Bank, National Association CENTRAL INDEX KEY: 0000835271 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 134994650 STATE OF INCORPORATION: X1 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-28338-09 FILM NUMBER: 051205272 BUSINESS ADDRESS: STREET 1: 1111 POLARIS PARKWAY CITY: COLUMBUS STATE: OH ZIP: 43240 BUSINESS PHONE: 8009927169 MAIL ADDRESS: STREET 1: 1111 POLARIS PARKWAY CITY: COLUMBUS STATE: OH ZIP: 43240 FORMER COMPANY: FORMER CONFORMED NAME: CHASE MANHATTAN BANK /NY/ DATE OF NAME CHANGE: 19960911 FORMER COMPANY: FORMER CONFORMED NAME: CHEMICAL BANK DATE OF NAME CHANGE: 19930521 8-K 1 v028661_8k.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): November 15, 2005 CHASE CREDIT CARD MASTER TRUST (formerly known as "Chemical Master Credit Card Trust I") Series 1996-2 and Series 1996-3 (Issuer of Securities) JPMORGAN CHASE BANK, NATIONAL ASSOCIATION (formerly known as "Chemical Bank") (Sponsor of the Trust) ------------------------------------------------------ (Exact name of registrant as specified in its charter) United States 033-94190 13-4994650 - ---------------------------- ------------ ------------------- (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 1111 Polaris Parkway Columbus, Ohio 43240 - ---------------------------------------- ---------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (800) 992-7169 - -------------------------------------------------------------- (Former name or former address, if changed since last report.) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): |_| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |_| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Section 8 - Other Events Item 8.01 Other Events. Chase Credit Card Master Trust, which was formerly known as Chemical Master Credit Card Trust I, is the issuer of a number of outstanding series of asset backed certificates. The asset backed certificates are serviced in accordance with the Third Amended and Restated Pooling and Servicing Agreement, dated as of November 15, 1999, as amended (the "Pooling and Servicing Agreement"). The parties to the Pooling and Servicing Agreement are JPMorgan Chase Bank, National Association (f/k/a The Chase Manhattan Bank), as transferor prior to June 1, 1996, Chase Bank USA, National Association (f/k/a Chase Manhattan Bank USA, National Association) ("Chase USA"), as transferor on and after June 1, 1996, and as servicer, and The Bank of New York, as trustee. On or about November 15, 2005, Chase USA, as servicer, distributed monthly payments to the holders of the Series 1996-2 and Series 1996-3 certificates. Chase USA furnished copies of monthly certificateholders' reports for each of those series as required by the Pooling and Servicing Agreement. Copies of those monthly certificateholders' reports are being filed as an exhibit to this Current Report on Form 8-K. Section 9 - Financial Statements and Exhibits Item 9.01 Financial Statements and Exhibits. (c) Exhibits. Exhibit No. Description - ------- ----------- 99.1 Monthly Reports with respect to the November 15, 2005 distribution. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CHASE BANK USA, NATIONAL ASSOCIATION, as Servicer By: /s/ Patricia M. Garvey --------------------------------- Name: Patricia M. Garvey Title: Vice President Date: November 15, 2005 INDEX TO EXHIBITS Exhibit No. Description - ----------- ----------- 99.1 Monthly Reports with respect to the distribution to certificateholders on November 15, 2005. EX-99.1 2 v028661_ex99-1.txt Chase Bank USA, N.A. Monthly Certificateholder's Statement Chase Credit Card Master Trust Series 1996-2
Distribution Date: 11/15/2005 Section 5.2 - Supplement Class A Class B Collateral Total - ------------------------------------------------------------------------------------------------------------------------------------ (i) Monthly Principal Distributed 0.00 0.00 0.00 0.00 (ii) Monthly Interest Distributed 2,740,833.33 160,416.67 166,347.22 3,067,597.22 Deficiency Amounts 0.00 0.00 0.00 Additional Interest 0.00 0.00 0.00 Accrued and Unpaid Interest 0.00 0.00 (iii) Collections of Principal Receivables 84,803,444.29 4,818,377.52 6,745,728.52 96,367,550.33 (iv) Collections of Finance Charge Receivables 7,955,097.02 451,994.15 632,791.81 9,039,882.98 (v) Aggregate Amount of Principal Receivables 30,544,415,658.57 Investor Interest 550,000,000.00 31,250,000.00 43,750,000.00 625,000,000.00 Adjusted Interest 550,000,000.00 31,250,000.00 43,750,000.00 625,000,000.00 Series Floating Investor Percentage 2.05% 88.00% 5.00% 7.00% 100.00% Fixed Investor Percentage 2.05% 88.00% 5.00% 7.00% 100.00% (vi) Receivables Delinquent (As % of Total Receivables) Current 96.20% 30 to 59 days 1.20% 60 to 89 days 0.84% 90 or more days 1.76% ----------------- Total Receivables 100.00% (vii) Investor Default Amount 3,037,934.02 172,609.89 241,653.84 3,452,197.75 (viii) Investor Charge-Offs 0.00 0.00 0.00 0.00 (ix) Reimbursed Investor Charge-Offs/Reductions 0.00 0.00 0.00 0.00 (x) Net Servicing Fee 458,333.33 26,041.67 36,458.33 520,833.33 (xi) Portfolio Yield (Net of Defaulted Receivables) 10.42% (xii) Portfolio Supplemented Yield 10.42% (xiii) Reallocated Monthly Principal 0.00 0.00 0.00 (xiv) Closing Investor Interest (Class A Adjusted) 550,000,000.00 31,250,000.00 43,750,000.00 625,000,000.00 (xv) LIBOR 3.97000% (xvi) Principal Funding Account Balance 0.00 (xvii) Accumulation Shortfall 0.00 (xviii) Principal Funding Investment Proceeds 0.00 (xix) Principal Investment Funding Shortfall 0.00 (xx) Available Funds 7,505,173.20 425,952.48 596,333.48 8,527,459.16 (xxi) Certificate Rate 5.98000% 6.16000% 4.72000% - ------------------------------------------------------------------------------------------------------------------------------------
By: ------------------------------------ Name: Patricia M. Garvey Title: Vice President Chase Bank USA, N.A. Monthly Certificateholder's Statement Chase Credit Card Master Trust Series 1996-3
Distribution Date: 11/15/2005 Section 5.2 - Supplement Class A Class B Collateral Total - ------------------------------------------------------------------------------------------------------------------------------------ (i) Monthly Principal Distributed 0.00 0.00 0.00 0.00 (ii) Monthly Interest Distributed 2,434,132.89 141,813.47 124,608.10 2,700,554.46 Deficiency Amounts 0.00 0.00 0.00 Additional Interest 0.00 0.00 0.00 Accrued and Unpaid Interest 0.00 0.00 (iii) Collections of Principal Receivables 63,522,867.98 3,609,234.59 5,053,119.75 72,185,222.32 (iv) Collections of Finance Charge Receivables 5,958,844.98 338,568.93 474,014.45 6,771,428.35 (v) Aggregate Amount of Principal Receivables 30,544,415,658.57 Investor Interest 411,983,000.00 23,408,000.00 32,772,440.86 468,163,440.86 Adjusted Interest 411,983,000.00 23,408,000.00 32,772,440.86 468,163,440.86 Series Floating Investor Percentage 1.53% 88.00% 5.00% 7.00% 100.00% Fixed Investor Percentage 1.53% 88.00% 5.00% 7.00% 100.00% (vi) Receivables Delinquent (As % of Total Receivables) Current 96.20% 30 to 59 days 1.20% 60 to 89 days 0.84% 90 or more days 1.76% ----------------- Total Receivables 100.00% (vii) Investor Default Amount 2,275,594.86 129,294.47 181,019.11 2,585,908.44 (viii) Investor Charge-Offs 0.00 0.00 0.00 0.00 (ix) Reimbursed Investor Charge-Offs/Reductions 0.00 0.00 0.00 0.00 (x) Net Servicing Fee 343,319.17 19,506.67 27,310.37 390,136.20 (xi) Portfolio Yield (Net of Defaulted Receivables) 10.42% (xii) Portfolio Supplemented Yield 10.42% (xiii) Reallocated Monthly Principal 0.00 0.00 0.00 (xiv) Closing Investor Interest (Class A Adjusted) 411,983,000.00 23,408,000.00 32,772,440.86 468,163,440.86 (xv) LIBOR 3.97000% (xvi) Principal Funding Account Balance 0.00 (xvii) Accumulation Shortfall 0.00 (xviii) Principal Funding Investment Proceeds 0.00 (xix) Principal Investment Funding Shortfall 0.00 (xx) Available Funds 5,621,825.02 319,062.26 446,704.08 6,387,591.36 (xxi) Certificate Rate 7.09000% 7.27000% 4.72000% - ------------------------------------------------------------------------------------------------------------------------------------
By: ------------------------------------ Name: Patricia M. Garvey Title: Vice President -----END PRIVACY-ENHANCED MESSAGE-----