SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
--------------------------------
FORM 10-K
FOR ANNUAL AND TRANSITION REPORTS
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
(Mark One)
X ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d)
- ----- OF THE SECURITIES EXCHANGE ACT OF 1934.
For the Fiscal Year Ended: December 31, 2000
OR
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d)
- ----- OF THE SECURITIES EXCHANGE ACT OF 1934.
For the transition period from _____ to _____
Commission file numbers 33-94190, 333-04607 and 333-74303
Chase Credit Card Master Trust (formerly known as
"Chemical Master Credit Card Trust I") (issuer)
Chase Manhattan Bank USA, National Association (depositor)
(Exact name of registrant as specified in its charter)
USA 22-2382028
(State or Other Jurisdiction of Incorporation or Organization) (IRS Employer Identification Number)
200 White Clay Center Drive, Newark, DE 17911
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (302) 575-5000
Securities registered pursuant to Section 12(b) of the Act:
Title of Each Class Name of Each Exchange of Which Registered
NONE N/A
Securities registered pursuant to Section 12(g) of the Act:
NONE
(Title of Class)
Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such reports), and (2) has been
subject to such filing requirements for the last 90 days: Yes X No
--- ---
Indicate by check mark if disclosure of delinquent filers pursuant to
Item 405 of Regulation S-K is not contained herein, and will not be contained,
to the best of registrant's knowledge, in definitive proxy or information
statements incorporated by reference in Part III of this Form 10-K or any
amendment to this Form 10-K or any amendment to this Form 10-K. X
---
State the aggregate market value of the voting and non-voting common
equity held by non-affiliates of the registrants. The aggregate value shall be
computed by reference to the price at which the common equity was sold, or the
average bid and asked prices of such common equity, as of a specified date
within 60 days prior to the date of filing.
The registrant has no voting or non-voting common equity outstanding as
of the date of this report. The registrant is a trust that has issued
certificates of beneficial interest in the trust assets.
DOCUMENTS INCORPORATED BY REFERENCE.
List hereunder the following documents if incorporated by reference and
the Part of the Form 10-K (e.g., Part I, Part II, etc.) into which the document
is incorporated: (1) any annual report to security holders; (2) any proxy or
information statement; and (3) any prospectus filed pursuant to Rule 424(b) or
(c) under the Securities Act of 1933. The listed documents should be clearly
described for identification purposes.
None.
Introductory Note
Chase Credit Card Master Trust, formerly known as Chemical Master
Credit Card Trust I (the "Trust"), was formed pursuant to a Pooling and
Servicing Agreement, as amended (the "Agreement") between The Chase Manhattan
Bank (formerly known as Chemical Bank), as seller and servicer, and an unrelated
trustee (the "Trustee"). The Trust files reports pursuant to Section 13, 15(d)
and 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"),
in the manner described in letters dated January 16, 1991 and March 14, 1991,
submitted to the Office of the Chief Counsel on behalf of the originators of the
Trust. Accordingly, responses to certain Items have been omitted from or
modified in this Annual Report on Form 10-K.
The Chase Credit Card Master Trust is the Issuer of Asset Backed
Certificates, Series 1995-3, Series 1995-4, Series 1996-1, Series 1996-2, Series
1996-3, Series 1996-4, Series 1997-1, Series 1997-3, Series 1997-4, Series
1997-5, Series 1998-2, Series 1998-3, Series 1998-5, Series 1998-6, Series
1999-1, Series 1999-2, Series 1999-3, Series 2000-1, Series 2000-2 and Series
2000-3. Each of the Series 1999-3, Series 2000-1, Series 2000-2 and Series
2000-3 Certificates (the "Owner Trust Series") are held by separate owner
trusts. The Series 1995-2 and 1997-2 Certificates are no longer outstanding as
of the date hereof.
Part I
Item 1. Business
Omitted.
Item 2. Properties
Pursuant to the Agreement, The Chase Manhattan Bank and Chase Manhattan
Bank USA, National Association have transferred to the Trust from time to time
the receivables (the "Receivables") arising in certain designated credit card
accounts.
The aggregate Investor Default Amount for the year ended December 31,
2000 was $997,929,348.78. There were no Investor Charge-offs for the same
period. As of December 31, 2000, Accounts designated for the Master Trust having
an aggregate balance of $305,782,150.88, or 1.39% of all Receivables, were
delinquent 30 - 59 days; Accounts having an aggregate balance of
$241,971,573.56, or 1.1% of all Receivables, were delinquent 60 - 89 days; and
Accounts having an aggregate balance of $477,044,554.25, or 2.17% of all
Receivables, were delinquent 90 days or more.
Item 3. Legal Proceedings
The registrant knows of no material pending legal proceedings with
respect to the Trust, the Trustee, The Chase Manhattan Bank or Chase Manhattan
Bank USA, National Association.
Item 4. Submission of Matters to a Vote of Security Holders
No matter was submitted to a vote of Certificateholders during the
fiscal year covered by this report.
Part II
Item 5. Market for Registrant's Common Equity and Related Stockholders
Matters
To the knowledge of the registrant, the Certificates (other than the
Owner Trust Series) are traded in the over-the-counter market to a limited
extent.
As of December 31, 2000, all of the Certificates (other than the Owner
Trust Series) were registered in the name of CEDE and Co. The registrant
understands that CEDE and Co. is the nominee for the Depository Trust Company
("DTC"). The registrant further understands that DTC has no knowledge of the
actual beneficial owners of such Certificates held of record by CEDE & Co., and
that DTC knows only the identity of the participants to whose accounts such
Certificates are credited, who may or may not be the beneficial owners of such
Certificates. The Commission has concurred with the registrant's position that
the registrant may consider holders of interests in the DTC System or DTC
participants to be "holders of record" and the following information is
presented on that basis:
Series No. of Holders
------ --------------
1995-3 Class A 65
Class B 6
1995-4 Class A 10
Class B 2
1996-1 Class A 54
Class B 8
1996-2 Class A 52
Class B 2
1996-3 Class A 37
Class B 3
1996-4 Class A 35
Class B 6
1997-1 Class A 32
Class B 7
1997-3 Class A 10
Class B 2
1997-4 Class A 11
Class B 2
1997-5 Class A 39
Class B 2
1998-2 Class A 6
Class B 3
1998-3 Class A 57
Class B 2
1998-5 Class A 8
Class B 3
1998-6 Class A 26
Class B 7
1999-1 Class A 12
Class B 4
1999-2 Class A 2
Class B 3
1999-3 1
2000-1 1
2000-2 1
2000-3 1
Item 6. Selected Financial Data
Omitted.
Item 7. Management's Discussion and Analysis of Financial Condition
and Results of Operations
Omitted.
Item 7A. Quantitative and Qualitative Disclosures About Market Risk
Not applicable.
Item 8. Financial Statements and Supplementary Data
Omitted.
Item 9. Changes in and Disagreements with Accountants on Accounting
and Financial Disclosure
None.
Part III
Item 10. Directors and Executive Officers of the Registrant
Omitted.
Item 11. Executive Compensation
Omitted.
Item 12. Security Ownership of Certain Beneficial Owners and Management
The records of DTC indicate that as of December 31, 2000, there were
the following holders of record with more than 5% of each class of Certificates:
- --------------------------------------------------------------------------------------------
Name & Address of Participant Original Certificate % of Class
Principal Balance
- --------------------------------------------------------------------------------------------
Series 1995-3
- --------------------------------------------------------------------------------------------
Class A Bank of New York (The) $85,109,000 18.91%
925 Patterson Plank Rd.
Secaucus, NJ 07094
- --------------------------------------------------------------------------------------------
Bankers Trust Company $30,181,000 6.71%
648 Grassmere Park Drive
Nashville, TN 37211
- --------------------------------------------------------------------------------------------
BNY/ Barclays Bank PLC - Pledge $25,000,000 5.56%
Amount
- --------------------------------------------------------------------------------------------
Boston Safe Deposit and Trust $28,855,000 6.41%
Company
c/o Mellon Bank N.A.
Three Mellon Bank Center
Room 153-3015
Pittsburgh, PA 15259
- --------------------------------------------------------------------------------------------
Chase Manhattan Bank $58,486,000 13.00%
4 New York Plaza
13th Floor
New York, NY 10004
- --------------------------------------------------------------------------------------------
Citibank, N.A. $33,686,000 7.49%
3800 Citicorp Center Tampa
13th Floor
Tampa, FL 33610-9122
- --------------------------------------------------------------------------------------------
Northern Trust Company (The) $26,356,000 5.86%
801 S. Canal C-IN
Chicago, IL 60607
- --------------------------------------------------------------------------------------------
State Street Bank and Trust Co. $60,992,000 13.55%
1776 Heritage Dr.
Global Corp. Action Unit JAB 5 NW
No. Quincy, MA 02171
- --------------------------------------------------------------------------------------------
Class B Bank of New York (The) $2,500,000 9.78%
925 Patterson Plank Rd.
Secaucus, NJ 07094
- --------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------
Boston Safe Deposit and Trust $2,300,000 9.00%
Company
c/o Mellon Bank N.A.
Three Mellon Bank Center
Room 153-3015
Pittsburgh, PA 15259
- --------------------------------------------------------------------------------------------
Chase Manhattan Bank $14,725,000 57.59%
4 New York Plaza
13th Floor
New York, NY 10004
- --------------------------------------------------------------------------------------------
State Street Bank and Trust Co. $6,025,000 23.56%
1776 Heritage Dr.
Global Corp. Action Unit JAB 5 NW
No. Quincy, MA 02171
- --------------------------------------------------------------------------------------------
Series 1995-4
- --------------------------------------------------------------------------------------------
Class A Bank of New York (The) $37,500,000 12.50%
925 Patterson Plank Rd.
Secaucus, NJ 07094
- --------------------------------------------------------------------------------------------
Bankers Trust Company $20,060,000 6.69%
648 Grassmere Park Drive
Nashville, TN 37211
- --------------------------------------------------------------------------------------------
Boston Safe Deposit and Trust $16,175,000 5.39%
Company
c/o Mellon Bank N.A.
Three Mellon Bank Center
Room 153-3015
Pittsburgh, PA 15259
- --------------------------------------------------------------------------------------------
Chase Manhattan Bank $73,265,000 24.42%
4 New York Plaza
13th Floor
New York, NY 10004
- --------------------------------------------------------------------------------------------
Chase Bank/Greenwich Capital $36,000,000 12.00%
4 New York Plaza
21 Floor
New York, NY 10004
- --------------------------------------------------------------------------------------------
Fuji Bank and Trust Company (The) $50,000,000 16.67%
2 World Trade Center, 81st Floor
New York, NY 10048
- --------------------------------------------------------------------------------------------
State Street Bank and Trust Co. $64,000,000 21.33%
1776 Heritage Dr.
Global Corp. Action Unit JAB 5 NW
No. Quincy, MA 02171
- --------------------------------------------------------------------------------------------
Class B Bank One Trust Company, N.A. $11,428,000 53.33%
1900 Polaris Parkway
4th Floor
Columbus, OH 43240
- --------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------
Citibank, N.A. $10,000,000 46.67%
3800 Citicorp Center Tampa
13th Floor
Tampa, FL 33630-9122
- --------------------------------------------------------------------------------------------
Series 1996-1
- --------------------------------------------------------------------------------------------
Class A Bank of New York (The) $63,232,500 9.03%
925 Patterson Plank Rd.
Secaucus, NJ 07094
- --------------------------------------------------------------------------------------------
Bankers Trust Company $77,190,000 11.03%
648 Grassmere Park Drive
Nashville, TN 37211
- --------------------------------------------------------------------------------------------
Boston Safe Deposit and Trust $53,210,000 7.60%
Company
c/o Mellon Bank N.A.
Three Mellon Bank Center
Room 153-3015
Pittsburgh, PA 15259
- --------------------------------------------------------------------------------------------
Chase Manhattan Bank $124,135,000 17.73%
4 New York Plaza
13th Floor
New York, NY 10004
- --------------------------------------------------------------------------------------------
CIBC World Markets Corp. $48,830,000 6.98%
200 Liberty Street
6th Floor
New York, NY 10281
- --------------------------------------------------------------------------------------------
Merrill Lynch, Pierce Fenner & $45,775,000 6.54%
Smith Safekeeping
4 Corporate Place
Corporate Park 287
Piscataway, NJ 08855
- --------------------------------------------------------------------------------------------
State Street Bank and Trust Co. $60,205,000 8.60%
1776 Heritage Dr.
Global Corp. Action Unit JAB 5 NW
No. Quincy, MA 02171
- --------------------------------------------------------------------------------------------
Class B Bankers Trust Company $8,500,000 21.73%
648 Grassmere Park Drive
Nashville, TN 37211
- --------------------------------------------------------------------------------------------
Chase Manhattan Bank $3,200,000 8.05%
4 New York Plaza
13th Floor
New York, NY 10004
- --------------------------------------------------------------------------------------------
Citibank, N.A. $12,500,000 31.43%
3800 Citicorp Center Tampa
13th Floor
Tampa, FL 33630-9122
- --------------------------------------------------------------------------------------------
FUNB - PHILA. Main $2,772,000 6.97%
123 South Broad Street
Philadelphia, PA 19109
- --------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------
SSB - Bank Portfolio $8,000,000 20.11%
1776 Heritage Dr.
Global Corporate Action Unit JAB
5NW
No. Quincy, MA 02171
- --------------------------------------------------------------------------------------------
UBS Warburg LLC/CMO $2,550,000 6.41%
677 Washington Boulevard
Stamford, CT 06901
- --------------------------------------------------------------------------------------------
Series 1996-2
- --------------------------------------------------------------------------------------------
Class A Bankers Trust Company $35,640,000 6.48%
648 Grassmere Park Drive
Nashville, TN 37211
- --------------------------------------------------------------------------------------------
BT/OMNI/DOM $50,000,000 9.09%
16 Wall Street
Three Mellon Bank Center, Room
153-3015
New York, NY 10005
- --------------------------------------------------------------------------------------------
Chase Manhattan Bank $92,670,000 16.85%
4 New York Plaza
13th Floor
New York, NY 10004
- --------------------------------------------------------------------------------------------
Citibank, N.A. $28,375,000 5.16%
3800 Citicorp Center Tampa
13th Floor
Tampa, FL 33630-9122
- --------------------------------------------------------------------------------------------
Firstar Bank, N.A./ Firstar Bank $28,900,000 5.25%
Missouri, N.A. - St. Lou
P.O. Box 349
St. Louis, MO 63166
- --------------------------------------------------------------------------------------------
Northern Trust Company (The) $54,435,000 9.90%
801 S. Canal C-In
Chicago, IL 60607
- --------------------------------------------------------------------------------------------
State Street Bank and Trust Co. $86,335,000 15.70%
1776 Heritage Dr.
Global Corp. Action Unit JAB 5 NW
No. Quincy, MA 02171
- --------------------------------------------------------------------------------------------
Union Bank f California, N.A. $29,035,000 5.28%
P.O. Box 109
San Diego, CA 92112-4103
- --------------------------------------------------------------------------------------------
Class B Bank of New York (The) $3,500,000 11.20%
925 Patterson Plank Rd.
Secaucus, NJ 07094
- --------------------------------------------------------------------------------------------
Chase Manhattan Bank $27,750,000 88.80%
4 New York Plaza
13th Floor
New York, NY 10004
- --------------------------------------------------------------------------------------------
Series 1996-3
- --------------------------------------------------------------------------------------------
Class A Bank of New York (The) $54,185,000 13.51%
925 Patterson Plank Rd.
Secaucus, NJ 07094
- --------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------
Bankers Trust Company $23,875,000 5.80%
648 Grassmere Park Drive
Nashville, TN 37211
- --------------------------------------------------------------------------------------------
Boston Safe Deposit and Trust $58,115,000 14.11%
Company
c/o Mellon Bank N.A.
Three Mellon Bank Center
Room 153-3015
Pittsburgh, PA 15259
- --------------------------------------------------------------------------------------------
Chase Manhattan Bank $59,150,000 14.36%
4 New York Plaza
13th Floor
New York, NY 10004
- --------------------------------------------------------------------------------------------
Citibank, N.A. $55,274,000 13.42%
3800 Citicorp Center Tampa
13th Floor
Tampa, FL 33630-9122
- --------------------------------------------------------------------------------------------
State Street Bank and Trust Co. $91,629,000 22.24%
1776 Heritage Dr.
Global Corp. Action Unit JAB 5 NW
No. Quincy, MA 02171
- --------------------------------------------------------------------------------------------
Class B Citibank, N.A. $22,408,000 95.73%
3800 Citicorp Center Tampa
13th Floor
Tampa, FL 33630-9122
- --------------------------------------------------------------------------------------------
Series 1996-4
- --------------------------------------------------------------------------------------------
Class A Boston Safe Deposit and Trust $85,285,000 6.09%
Company
c/o Mellon Bank N.A.
Three Mellon Bank Center
Room 153-3015
Pittsburgh, PA 15259
- --------------------------------------------------------------------------------------------
Chase Manhattan Bank $349,783,000 24.98%
4 New York Plaza
13th Floor
New York, NY 10004
- --------------------------------------------------------------------------------------------
Citibank, N.A. $293,850,000 20.99%
3800 Citicorp Center Tampa
13th Floor
Tampa, FL 33630-9122
- --------------------------------------------------------------------------------------------
State Street Bank and Trust Co. $287,271,000 20.52%
1776 Heritage Dr.
Global Corp. Action Unit JAB 5 NW
No. Quincy, MA 02171
- --------------------------------------------------------------------------------------------
Class B Bankers Trust Company $15,000,000 12.86%
648 Grassmere Park Drive
Nashville, TN 37211
- --------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------
Bank One Trust Company, N.A. $12,666,000 10.86%
1900 Polaris Parkway
4th Floor
Columbus, OH 43240
- --------------------------------------------------------------------------------------------
Boston Safe Deposit and Trust $10,000,000 8.57%
Company
c/o Mellon Bank N.A.
Three Mellon Bank Center
Room 153-3015
Pittsburgh, PA 15259
- --------------------------------------------------------------------------------------------
Chase Manhattan Bank $49,000,000 42.00%
4 New York Plaza
13th Floor
New York, NY 10004
- --------------------------------------------------------------------------------------------
Fuji Bank and Trust Company (The) $25,000,000 21.43%
2 World Trade Center, 81st Floor
New York, NY 10048
- --------------------------------------------------------------------------------------------
Series 1997-1
- --------------------------------------------------------------------------------------------
Class A Boston Safe Deposit and Trust $111,075,000 9.66%
Company
c/o Mellon Bank N.A.
Three Mellon Bank Center
Room 153-3015
Pittsburgh, PA 15259
- --------------------------------------------------------------------------------------------
Chase Manhattan Bank $94,085,000 8.18%
4 New York Plaza
13th Floor
New York, NY 10004
- --------------------------------------------------------------------------------------------
Chase Manhattan Bank $100,010,000 8.70%
Correspondence
Clearing Services
4 New York Plaza
New York, NY 10004
- --------------------------------------------------------------------------------------------
Citibank, N.A. $212,385,000 18.47%
3800 Citicorp Center Tampa
13th Floor
Tampa, FL 33630-9122
- --------------------------------------------------------------------------------------------
State Street Bank and Trust Co. $271,840,000 23.64%
1776 Heritage Dr.
Global Corp. Action Unit JAB 5 NW
No. Quincy, MA 02171
- --------------------------------------------------------------------------------------------
Swiss American Securities Inc. $138,900,000 12.08%
100 Wall Street
New York, NY 10005
- --------------------------------------------------------------------------------------------
Class B Bankers Trust Company $44,500,000 46.43%
648 Grassmere Park Drive
Nashville, TN 37211
- --------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------
Boston Safe Deposit and Trust $16,000,000 16.70%
Company
c/o Mellon Bank N.A.
Three Mellon Bank Center
Room 153-3015
Pittsburgh, PA 15259
- --------------------------------------------------------------------------------------------
Citibank, N.A. $27,083,000 28.26%
3800 Citicorp Center Tampa
13th Floor
Tampa, FL 33630-9122
- --------------------------------------------------------------------------------------------
State Street Bank and Trust Co. $7,000,000 7.30%
1776 Heritage Dr.
Global Corp. Action Unit JAB 5 NW
No. Quincy, MA 02171
- --------------------------------------------------------------------------------------------
Series 1997-3
- --------------------------------------------------------------------------------------------
Class A Bank of New York (The) $14,000,000 5.60%
925 Patterson Plank Rd.
Secaucus, NJ 07094
- --------------------------------------------------------------------------------------------
Bankers Trust Company $15,848,000 6.34%
648 Grassmere Park Drive
Nashville, TN 37211
- --------------------------------------------------------------------------------------------
The Bank of New York/CDC-FP $55,900,000 22.36%
One Wall Street
New York, NY 10286
- --------------------------------------------------------------------------------------------
Chase Manhattan Bank $28,000,000 11.20%
4 New York Plaza
13th Floor
New York, NY 10004
- --------------------------------------------------------------------------------------------
Compass Bank $30,152,000 12.06%
701 South 20th Street - 11th Floor
Birmingham, AL 35233
- --------------------------------------------------------------------------------------------
Deseret Trust/EPA $20,000,000 8.00%
50 East North Temple St.
Salt Lake City, UT 84150
- --------------------------------------------------------------------------------------------
Northern Trust Company (The) $49,000,000 19.60%
801 S. Canal C-In
Chicago, IL 60607
- --------------------------------------------------------------------------------------------
State Street Bank and Trust Co. $16,500,000 6.60%
1776 Heritage Dr.
Global Corp. Action Unit JAB 5 NW
No. Quincy, MA 02171
- --------------------------------------------------------------------------------------------
Class B Bankers Trust Company $15,833,000 76.00%
648 Grassmere Park Drive
Nashville, TN 37211
- --------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------
Bank One Trust Company, N.A. $5,000,000 24.00%
1900 Polaris Parkway
4th Floor
Columbus, OH 43240
- --------------------------------------------------------------------------------------------
Series 1997-4
- --------------------------------------------------------------------------------------------
Class A Bank of New York (The) $173,250,000 28.88%
925 Patterson Plank Rd.
Secaucus, NJ 07094
- --------------------------------------------------------------------------------------------
Chase Manhattan Bank $201,000,000 33.50%
4 New York Plaza
13th Floor
New York, NY 10004
- --------------------------------------------------------------------------------------------
Citibank, N.A. $63,000,000 10.50%
3800 Citicorp Center Tampa
13th Floor
Tampa, FL 33630-9122
- --------------------------------------------------------------------------------------------
Lasalle National Bank $38,000,000 6.33%
c/o ADP Proxy Services
- --------------------------------------------------------------------------------------------
Merrill Lynch, Pierce Fenner & $40,000,000 6.67%
Smith Safekeeping
4 Corporate Place
Corporate Park 287
Piscataway, NJ 08855
- --------------------------------------------------------------------------------------------
Northern Trust Company (The) $31,000,000 5.17%
801 S. Canal C-In
Chicago, IL 60607
- --------------------------------------------------------------------------------------------
Class B Bankers Trust Company $41,666,000 83.33%
648 Grassmere Park Drive
Nashville, TN 37211
- --------------------------------------------------------------------------------------------
Chase Manhattan Bank $8,334,000 16.67%
4 New York Plaza
13th Floor
New York, NY 10004
- --------------------------------------------------------------------------------------------
Series 1997-5
- --------------------------------------------------------------------------------------------
Class A Bankers Trust Company $61,300,000 12.26%
648 Grassmere Park Drive
Nashville, TN 37211
- --------------------------------------------------------------------------------------------
Brown Brothers Harriman & Co. $62,315,000 12.46%
63 Wall Street, 8th Floor
New York, NY 10005
- --------------------------------------------------------------------------------------------
Chase Manhattan Bank $87,613,000 17.52%
4 New York Plaza
13th Floor
New York, NY 10004
- --------------------------------------------------------------------------------------------
Citibank, N.A. $31,230,000 6.25%
3800 Citicorp Center Tampa
13th Floor
Tampa, FL 33630-9122
- --------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------
FUNB - Phila. Main $25,675,000 5.14%
123 South Broad Street
Philadelphia, PA 19109
- --------------------------------------------------------------------------------------------
State Street Bank and Trust Co. $109,120,000 21.82%
1776 Heritage Dr.
Global Corp. Action Unit JAB 5 NW
No. Quincy, MA 02171
- --------------------------------------------------------------------------------------------
Class B Bank of New York (The) $18,409,000 64.08%
925 Patterson Plank Rd.
Secaucus, NJ 07094
- --------------------------------------------------------------------------------------------
Citibank, N.A. $10,000,000 35.20%
3800 Citicorp Center Tampa
13th Floor
Tampa, FL 33630-9122
- --------------------------------------------------------------------------------------------
Series 1998-2
- --------------------------------------------------------------------------------------------
Class A Bank of New York (The) $175,000,000 21.88%
925 Patterson Plank Rd.
Secaucus, NJ 07094
- --------------------------------------------------------------------------------------------
Boston Safe Deposit and Trust $90,000,000 11.25%
Company
c/o Mellon Bank N.A.
Three Mellon Bank Center
Room 153-3015
Pittsburgh, PA 15259
- --------------------------------------------------------------------------------------------
Chase Manhattan Bank $370,000,000 46.25%
4 New York Plaza
13th Floor
New York, NY 10004
- --------------------------------------------------------------------------------------------
Deutsche Bank A.G., New York $75,000,000 9.38%
Branch
34 Exchange Pl
Jersey City, NJ 07311
- --------------------------------------------------------------------------------------------
State Street Bank and Trust Co. $75,000,000 9.38%
1776 Heritage Dr.
Global Corp. Action Unit JAB 5 NW
No. Quincy, MA 02171
- --------------------------------------------------------------------------------------------
Class B Bankers Trust Company $10,000,000 15.00%
648 Grassmere Park Drive
Nashville, TN 37211
- --------------------------------------------------------------------------------------------
Chase Bank of Texas, N.A. $50,000,000 75.00%
P.O. Box 2558
Houston, TX 77252-8009
- --------------------------------------------------------------------------------------------
UBS Warburg LLC/CMO $6,666,000 10.00%
677 Washington Boulevard
Stamford, CT 06901
- --------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------
Series 1998-3
- --------------------------------------------------------------------------------------------
Class A Bank of New York (The) $86,275,000 14.38%
925 Patterson Plank Rd.
Secaucus, NJ 07094
- --------------------------------------------------------------------------------------------
Bankers Trust Company $66,305,000 11.05%
648 Grassmere Park Drive
Nashville, TN 37211
- --------------------------------------------------------------------------------------------
Chase Manhattan Bank $82,065,000 13.68%
4 New York Plaza
13th Floor
New York, NY 10004
- --------------------------------------------------------------------------------------------
Citibank, N.A. $66,250,000 11.04%
3800 Citicorp Center Tampa
13th Floor
Tampa, FL 33630-9122
- --------------------------------------------------------------------------------------------
Northern Trust Company (The) $42,079,000 7.01%
801 S. Canal C-In
Chicago, IL 60607
- --------------------------------------------------------------------------------------------
State Street Bank and Trust Co. $81,166,000 13.53%
1776 Heritage Dr.
Global Corp. Action Unit JAB 5 NW
No. Quincy, MA 02171
- --------------------------------------------------------------------------------------------
Class B Bank of New York (The) $17,090,000 50.13%
925 Patterson Plank Rd.
Secaucus, NJ 07094
- --------------------------------------------------------------------------------------------
Chase Manhattan Bank $17,000,000 49.87%
4 New York Plaza
13th Floor
New York, NY 10004
- --------------------------------------------------------------------------------------------
Series 1998-5
- --------------------------------------------------------------------------------------------
Class A Boston Safe Deposit and Trust $50,000,000 7.69%
Company
c/o Mellon Bank N.A.
Three Mellon Bank Center
Room 153-3015
Pittsburgh, PA 15259
- --------------------------------------------------------------------------------------------
Chase Bank of Texas, N.A. $245,100,000 37.71%
P.O. Box 2558
Houston, TX 77252-8009
- --------------------------------------------------------------------------------------------
Chase Manhattan Bank $192,000,000 29.54%
4 New York Plaza
13th Floor
New York, NY 10004
- --------------------------------------------------------------------------------------------
State Street Bank and Trust Co. $54,800,000 8.43%
1776 Heritage Dr.
Global Corp. Action Unit JAB 5 NW
No. Quincy, MA 02171
- --------------------------------------------------------------------------------------------
Wells Fargo Bank Minnesota, N.A. $54,000,000 8.31%
733 Marquette Avenue
- --------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------
N9306-051
Minneapolis, MN 55479
- --------------------------------------------------------------------------------------------
Class B Bankers Trust Company $15,000,000 27.69%
648 Grassmere Park Drive
Nashville, TN 37211
- --------------------------------------------------------------------------------------------
Bank One Trust Company, N.A. $15,166,000 28.00%
1900 Polaris Parkway
4th Floor
Columbus, OH 43240
- --------------------------------------------------------------------------------------------
Chase Bank of Texas, N.A. $24,000,000 44.31%
P.O. Box 2558
Houston, TX 77252-8009
- --------------------------------------------------------------------------------------------
Series 1998-6
- --------------------------------------------------------------------------------------------
Class A Bank of New York (The) $101,500,000 15.62%
925 Patterson Plank Rd.
Secaucus, NJ 07094
- --------------------------------------------------------------------------------------------
Boston Safe Deposit and Trust $99,035,000 15.24%
Company
c/o Mellon Bank N.A.
Three Mellon Bank Center
Room 153-3015
Pittsburgh, PA 15259
- --------------------------------------------------------------------------------------------
Chase Manhattan Bank $219,320,000 33.74%
4 New York Plaza
13th Floor
New York, NY 10004
- --------------------------------------------------------------------------------------------
Citibank, N.A. $150,00,000 23.08%
3800 Citicorp Center Tampa
13th Floor
Tampa, FL 33630-9122
- --------------------------------------------------------------------------------------------
Class B Bank of New York (The) $12,500,000 23.08%
925 Patterson Plank Rd.
Secaucus, NJ 07094
- --------------------------------------------------------------------------------------------
Bankers Trust Company $9,066,000 16.74%
648 Grassmere Park Drive
Nashville, TN 37211
- --------------------------------------------------------------------------------------------
Bank One Trust Company, N.A. $13,000,000 24.00%
1900 Polaris Parkway
4th Floor
Columbus, OH 43240
- --------------------------------------------------------------------------------------------
State Street Bank and Trust Co. $13,500,000 24.92%
1776 Heritage Dr.
Global Corp. Action Unit JAB 5 NW
No. Quincy, MA 02171
- --------------------------------------------------------------------------------------------
UBS Warburg LLC/CMO $4,000,000 7.38%
677 Washington Boulevard
Stamford, CT 06901
- --------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------
Series 1999-1
- --------------------------------------------------------------------------------------------
Class A Bank of New York (The) $85,000,000 11.33%
925 Patterson Plank Rd.
Secaucus, NJ 07094
- --------------------------------------------------------------------------------------------
Boston Safe Deposit and Trust $112,000,000 14.93%
Company
c/o Mellon Bank N.A.
Three Mellon Bank Center
Room 153-3015
Pittsburgh, PA 15259
- --------------------------------------------------------------------------------------------
Chase Manhattan Bank $215,160,000 28.69%
4 New York Plaza
13th Floor
New York, NY 10004
- --------------------------------------------------------------------------------------------
Citibank, N.A. $75,000,000 10.00%
3800 Citicorp Center Tampa
13th Floor
Tampa, FL 33630-9122
- --------------------------------------------------------------------------------------------
State Street Bank and Trust Co. $153,000,000 20.40%
1776 Heritage Dr.
Global Corp. Action Unit JAB 5 NW
No. Quincy, MA 02171
- --------------------------------------------------------------------------------------------
U.S. Bank National Association $67,500,000 9.00%
MPFP 1603 Proxy Unit
601 Second Avenue South
Minneapolis, MN 55402
- --------------------------------------------------------------------------------------------
Class B Bank of New York (The) $10,000,000 16.00%
925 Patterson Plank Rd.
Secaucus, NJ 07094
- --------------------------------------------------------------------------------------------
Bank One Trust Company, N.A. $15,000,000 24.00%
1900 Polaris Parkway
4th Floor
Columbus, OH 43240
- --------------------------------------------------------------------------------------------
Chase Bank of Texas, N.A. $17,500,000 28.00%
P.O. Box 2558
Houston, TX 77252-8009
- --------------------------------------------------------------------------------------------
Fuji Bank and Trust Company (The) $20,000,000 32.00%
2 World Trade Center, 81st Floor
New York, NY 10048
- --------------------------------------------------------------------------------------------
Series 1999-2
- --------------------------------------------------------------------------------------------
Class A Bank of New York (The) $45,000,000 9.00%
925 Patterson Plank Rd.
Secaucus, NJ 07094
- --------------------------------------------------------------------------------------------
Chase Manhattan Bank $455,000,000 91.00%
4 New York Plaza
13th Floor
New York, NY 10004
- --------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------
Class B Bank One Trust Company, N.A. $14,666,000 35.20%
1900 Polaris Parkway
4th Floor
Columbus, OH 43240
- --------------------------------------------------------------------------------------------
Chase Manhattan Bank $8,000,000 19.20%
4 New York Plaza
13th Floor
New York, NY 10004
- --------------------------------------------------------------------------------------------
Fuji Bank and Trust Company (The) $19,000,000 45.60%
2 World Trade Center, 81st Floor
New York, NY 10048
- --------------------------------------------------------------------------------------------
Series 1999-3 Chase Credit Card Owner Trust 100.00%
1999-3
- --------------------------------------------------------------------------------------------
Series 2000-1 Chase Credit Card Owner Trust 100.00%
2000-1
- --------------------------------------------------------------------------------------------
Series 2000-2 Chase Credit Card Owner Trust 100.00%
2000-2
- --------------------------------------------------------------------------------------------
Series 2000-3 Chase Credit Card Owner Trust 100.00%
2000-3
- --------------------------------------------------------------------------------------------
Item 13. Certain Relationships and Related Transactions
Omitted.
Part IV
Item 14. Exhibits, Financial Statement Schedules, and Reports of
Form 8-K
(a) The following documents are filed as part of this
Annual Report on Form 10-K.
Exhibit Number Description
-------------- -----------
23.1 Consent of Independent Accountants.
99.1 Annual Servicer's Certificate pursuant to Section
3.05 of the Agreement.
99.2 Management Report on Internal Controls.
99.3 Annual Independent Accountants Report pursuant to
Section 3.06 of the Agreement.
(b) Reports on Form 8-K.
The following reports on Form 8-K were filed by the registrant during
the last quarter of 2000:
Date Items Reported Financial Statements
- ---- -------------- --------------------
10/02/2000 5, 7 Monthly report to certificateholders
dated 9/15/2000
10/25/2000 5, 7 Monthly report to certificateholders
dated 10/16/2000
11/17/2000 5, 7 Monthly report to certificateholders
dated 11/15/2000
12/27/2000 5, 7 Monthly report to certificateholders
dated 12/15/2000
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly authorized.
Dated: March 30, 2001
Chase Credit Card Master Trust
by: The Chase Manhattan Bank
By: /s/ Miriam K. Haimes
-----------------------------------
Name: Miriam K. Haimes
Title: Financial Director
Chase Credit Card Master Trust
by: Chase Manhattan Bank USA,
National Association
By: /s/ Patricia Garvey
-----------------------------------
Name: Patrick Garvey
Title: Vice President
SUPPLEMENTAL INFORMATION TO BE FURNISHED WITH REPORTS FILED PURSUANT TO SECTION
15(d) OF THE ACT BY REGISTRANTS WHICH HAVE NOT REGISTERED SECURITIES PURSUANT TO
SECTION 12 OF THE ACT.
No annual report, proxy statement, form of proxy or other proxy soliciting
material has been sent to Certificateholders during the period covered by this
Annual Report on Form 10-K and the registrant does not intend to furnish such
materials to Certificateholders subsequent to the filing of this report.
INDEX TO EXHIBITS
Exhibit Number: Description:
- --------------- ------------
23.1 Consent of Independent Accountants.
99.1 Annual Servicer's Certificate pursuant to Section 3.05
of the Agreement.
99.2 Management Report on Internal Controls.
99.3 Annual Independent Accountants Report pursuant to Section 3.06
of the Agreement.