PEOPLE'S BANK CREDIT CARD MASTER TRUST SERIES 1993-1
                            MONTHLY SERVICER'S REPORT
                                                                 End of Month
 
# of Months Series in Existence:                                           32
Monthly Period Ended                                        January  31, 1996
Distribution Date                                           February 15, 1996
Determination Date                                          February  9, 1996


1.Trust Activity Series 1993-1

  Beginning of Month - Aggregate Principal Receivables       1,561,288,349.20

  Principal Collections on the Receivables                     140,579,372.34

  Finance Charge Receivables                                    21,401,107.05

  Receivables in Defaulted Accounts                              6,224,533.62

  End of Month - Aggregate Principal Receivables             1,529,698,160.68

  Investor Interest Series 1993-1                              166,666,666.67
  Investor Interest Series 1994-1                              200,000,000.00
  Investor Interest Series 1994-2                              400,000,000.00
  Investor Interest Series 1995-1                              400,000,000.00
  Seller Principal Receivables                                 363,031,494.01

  Investor Percentage with respect to...
    Finance Charges                                               10.8953956%
    Charged-Off Accounts                                          10.8953956%
    Principal Receivables                                         13.0744748%

  Seller Percentage with respect to ...
    Finance Charges                                               23.7322305%
    Charged-Off Accounts                                          23.7322305%
    Principal Receivables                                         21.5531514%

2.Allocation of Funds in Collection Account

  Available Finance Charge Collections                           2,513,011.96

  Available Principal Collections                               18,008,124.18

  Investor Default Amount                                          730,912.07

  Aggregate Collections Allocated to Certificateholders         20,521,136.14

  Monthly Certificate Interest Payable to Certificateholders
  (See "Calculation of Certificate Interest" #3)                   733,333.33

  Monthly Principal Payable To Certificateholders
  (See "Calculation of Monthly Principal" #4)                   16,666,666.67

  Monthly Principal Reinvested In Receivables
  (See "Calculation of Monthly Principal" #4)                    2,072,369.58

  (Net Deposit)/Draws on Shared Principal Collections                    0.00

  Collections Available to Reimburse Investor Charge offs          728,888.08

  Aggregate Investor Charge Offs                                         0.00

  Reimbursed Investor Charge Offs                                        0.00
  Reimbursed Investor Charge Offs per $1,000 Original Investment         0.00

  Monthly Investor Servicing Fee
  (See "Calculation of Monthly Servicing Fee" #6)                  305,555.56

  Monthly Certificate Insurer Fee                                   14,322.92

  Excess Servicing (Shortfall) (dollars)                           728,888.08
  Excess Servicing (Shortfall) (percentage of Investor Interest)        4.77%

  Required Shared Finance Charge Collections from other Series           0.00
  Draw on Shared Finance Charge Collections from other Series            0.00

  Withdrawal from Cash Collateral Account                                0.00

  Surety Bond Claim                                                      0.00

  Certificate Insurer Fee Shortfall                                      0.00

  Servicing Fee Shortfall                                                0.00

  Investor Charge Offs                                                   0.00
  Investor Charge Offs per $1,000 Original Investment                    0.00

  Investor Certificate Interest Shortfall  (Deficiency Amount)           0.00

  Payments To Certificate Insurer                                        0.00

  Deposits In Cash Collateral Account                                    0.00

  Required Shared Finance Charge Collections for other Series            0.00
  Deposit of Shared Finance Charge Collections for other Series          0.00

  Total Distribution to Investors                               17,400,000.00
  Total Distribution to Investors per $1,000 Invested                   87.00

3.Calculation of Certificate Interest

  Certificate Rate                                                      4.80%

  This Month Certificate Interest                                  733,333.33

  Previous Month's Deficiency Amount                                     0.00

  Total Certificate Interest Distributable to Certificateholders   733,333.33
  Total Certificate Interest Distributable per $1,000 of
   Original Investment                                                   3.67

4.Calculation of Monthly Principal

  Beginning Investor Interest                                  183,333,333.33

  Available Principal Collections                               18,008,124.18

  Investor Default Amount                                          730,912.07

  Total Investor Monthly Principal                              18,739,036.25

  Investor Monthly Principal Reinvested in Receivables           2,072,369.58

  Controlled Amortization Amount                                16,666,666.67

  Maximum Monthly Principal to Certificateholders               16,666,666.67

  Required Shared Principal Collections for other Series                 0.00
  Deposit of Shared Principal Collections for other Serie                0.00
  Required Shared Principal Collections from other Series                0.00

  Draw on Shared Principal Collections from other Series                 0.00

  Deficit Controlled Amortization Amount                                 0.00

  Monthly Principal Payable to Certificateholders               16,666,666.67
  Monthly Principal Payable per $1,000 of Original Investment           83.33

  Ending Investor Interest                                     166,666,666.67

5.Calculation of Pool Factor

  Pool Factor
  (Ending Certificate Balance divided by Initial Principal
    Amount to 7 decimal places)                                    0.8333333

6.Calculation of Monthly Servicing Fee

  Series Servicing Fee Percentage                                      2.00%

  Beginning Investor Interest                                 183,333,333.33

     Monthly Servicing Fee                                        305,555.56

7.Calculation of Remaining Surety Bond Amount

  Available Surety Bond Amount on Previous Payment Date        18,000,000.00

  Stated Surety Bond Amount                                    16,500,000.00

  Unreimbursed Claims on Surety Bond                                    0.00

  Reimbursements of Claims on Surety Bond                               0.00

  Available Surety Bond Amount     (Dollars)                   16,500,000.00
  Available Surety Bond Amount     (Percentage)                        9.00%

8.Cash Collateral Account Activity

  Beginning of Month Balance                                    7,000,000.00

  Required Cash Collateral Account Amount                       6,416,666.67

  Cash Collateral Account Deposits                                      0.00
 
  Reinvestment Income Received on Cash Collateral Account          34,970.83

  Aggregate Cash Collateral Account Draws                               0.00

  Available Cash Collateral Amount     (Dollars)                6,416,666.67
  Available Cash Collateral Amount     (Percentage)                    3.50%
      
  Total Credit Enhancement Percentage                                 12.50%

9.Past Due Statistics
  (past due on a contractual basis)

  1-30 days past due         Dollars                           89,555,438.59
                             Percent Dollars                           5.85%
                             Number of Accts                          33,998
                             Percent Number of Accts                   3.23%

  31-60 days past due        Dollars                           22,094,206.90
                             Percent Dollars                           1.44%
                             Number of Accts                           8,379
                             Percent Number of Accts                   0.80%

  61-90 days past due        Dollars                           13,165,708.53
                             Percent Dollars                           0.86%
                             Number of Accts                           4,698
                             Percent Number of Accts                   0.45%

  91-120 days past due       Dollars                            9,772,168.14
                             Percent Dollars                           0.64%
                             Number of Accts                           3,235
                             Percent Number of Accts                   0.31%

  121-150 days past due      Dollars                            8,580,688.46
                             Percent Dollars                           0.56%
                             Number of Accts                           2,717
                             Percent Number of Accts                   0.26%

  151-180 days past due      Dollars                            7,047,804.78
                             Percent Dollars                           0.46%
                             Number of Accts                           2,124
                             Percent Number of Accts                   0.20%

  181 + days past due        Dollars                           11,325,258.44
                             Percent Dollars                           0.74%
                             Number of Accts                           3,455
                             Percent Number of Accts                   0.33%

10. Base Rate Calculation

    Base Rate                                                          6.90%

    Portfolio Yield                  (net of losses)                  11.66%

    Excess of Portfolio Yield over Base Rate                           4.76%

11. Number of Accounts in the Trust

    Number of Additional Accounts                                          0
    Number of Removed Accounts                                             0
    Number of Automatic Additonal Accounts                             2,706
    Ending Number of Accounts                                      1,052,581

              PEOPLE'S BANK CREDIT CARD MASTER TRUST SERIES 1994-1
                            MONTHLY SERVICER'S REPORT
                                                                End of Month
 
# of Months Series in Existence:                                          24
Monthly Period Ended                                       January  31, 1996
Distribution Date                                          February 15, 1996
Determination Date                                         February  9, 1996


1.Trust Activity Series 1994-1

  Beginning of Month - Aggregate Principal Receivables      1,561,288,349.20

  Principal Collections on the Receivables                    140,579,372.34

  Finance Charge Receivables                                   21,401,107.05

  Receivables in Defaulted Accounts                             6,224,533.62

  End of Month - Aggregate Principal Receivables            1,529,698,160.68

  Investor Interest Series 1993-1                             166,666,666.67
  Investor Interest Series 1994-1                             200,000,000.00
  Investor Interest Series 1994-2                             400,000,000.00
  Investor Interest Series 1995-1                             400,000,000.00
  Seller Principal Receivables                                363,031,494.01
 
  Investor Percentage with respect to...
     Finance Charges                                             13.0744748%
     Charged-Off Accounts                                        13.0744748%
     Principal Receivables                                       13.0744748%

  Seller Percentage with respect to ...
    Finance Charges                                              23.7322305%
    Charged-Off Accounts                                         23.7322305%
    Principal Receivables                                        21.5531514%

2.Allocation of Funds in Collection Account

  Available Finance Charge Collections                          2,741,467.59

  Available Principal Collections                              18,008,124.18

  Investor Default Amount                                         797,358.62

  Aggregate Collections Allocated to Certificateholders        20,749,591.77

  Monthly Certificate Interest Payable to Certificateholders
  (See "Calculation of Certificate Interest" #3)                  850,000.00

  Monthly Principal Payable To Certificateholders
  (See"Calculation of Monthly Principal" #4)                            0.00

  Monthly Principal Reinvested In Receivables
  (See "Calculation of Monthly Principal" #4)                  18,805,482.80

  (Net Deposit)/Draws on Shared Principal Collections                   0.00

  Collections Available to Reimburse Investor Charge offs         745,150.64

  Aggregate Investor Charge Offs                                        0.00

  Reimbursed Investor Charge Offs                                       0.00
  Reimbursed Investor Charge Offs per $1,000 Original Investment        0.00

  Monthly Investor Servicing Fee
  (See "Calculation of Monthly Servicing Fee" #6)                 333,333.33

  Monthly Certificate Insurer Fee                                  15,625.00

  Excess Servicing (Shortfall) (dollars)                          745,150.64
  Excess Servicing (Shortfall) (percentage of Investor Interest)       4.47%

  Required Shared Finance Charge Collections from other Series          0.00
  Draw on Shared Finance Charge Collections from other Series           0.00

  Withdrawal from Cash Collateral Account                               0.00

  Surety Bond Claim                                                     0.00

  Certificate Insurer Fee Shortfall                                     0.00

  Servicing Fee Shortfall                                               0.00

  Investor Charge Offs                                                  0.00
  Investor Charge Offs per $1,000 Original Investment                   0.00

  Investor Certificate Interest Shortfall (Deficiency Amounts)          0.00

  Payments To Certificate Insurer                                       0.00

  Deposits In Cash Collateral Account                                   0.00

  Required Shared Finance Charge Collections for other Series           0.00
  Deposit of Shared Finance Charge Collections for other Series         0.00

  Total Distribution to Investors                                 850,000.00
  Total Distribution to Investors per $1,000 Invested                   4.25

3.Calculation of Certificate Interest
  
  Certificate Rate                                                     5.10%

  This Month Certificate Interest                                 850,000.00

  Previous Month's Deficiency Amount                                    0.00

  Interest at the Investor Certificate Rate on Deficiency Amount        0.00

  Total Certificate Interest Distributable to
   Certificateholders                                             850,000.00
  Total Certificate Interest Distributable per $1,000 of
   Original Investment                                                  4.25

4.Calculation of Monthly Principal

  Beginning Investor Interest                                 200,000,000.00

  Available Principal Collections                              18,008,124.18

  Investor Default Amount                                         797,358.62

  Total Investor Monthly Principal                             18,805,482.80

  Investor Monthly Principal Reinvested in Receivables         18,805,482.80

  Controlled Amortization Amount                                        0.00

  Maximum Monthly Principal to Certificateholders                       0.00

  Required Shared Principal Collections for other Series                0.00
  Deposit of Shared Principal Collections for other Series              0.00
  Required Shared Principal Collections from other Series               0.00

  Draw on Shared Principal Collections from other Series                0.00

  Deficit Controlled Amortization Amount                                0.00

  Monthly Principal Payable to Certificateholders                       0.00
  Monthly Principal Payable per $1,000 of Original Investment           0.00

  Ending Investor Interest                                    200,000,000.00

5.Calculation of Pool Factor

  Pool Factor
  (Ending Certificate Balance divided by Initial Principal
    Amount to 7 decimal places)                                    1.0000000

6.Calculation of Monthly Servicing Fee

  Series Servicing Fee Percentage                                      2.00%

  Beginning Investor Interest                                 200,000,000.00

   Monthly Servicing  Fee                                         333,333.33

7.Calculation of Remaining Surety Bond Amount

  Available Surety Bond Amount on Previous Payment Date        18,000,000.00

  Stated Surety Bond Amount                                    18,000,000.00

  Unreimbursed Claims on Surety Bond                                    0.00

  Reimbursements of Claims on Surety Bond                               0.00

  Available Surety Bond Amount     (Dollars)                   18,000,000.00
  Available Surety Bond Amount     (Percentage)                        9.00%

8.Cash Collateral Account Activity

  Beginning of Month Balance                                    7,000,000.00

  Required Cash Collateral Account Amount                       7,000,000.00

  Cash Collateral Account Deposits                                      0.00

  Reinvestment Income Received on Cash Collateral Account          34,970.83

  Aggregate Cash Collateral Account Draws                               0.00

  Available Cash Collateral Amount     (Dollars)                7,000,000.00
  Available Cash Collateral Amount     (Percentage)                    3.50%
 
  Total Credit Enhancement Percentage                                 12.50%

9.Past Due Statistics
  (past due on a contractual basis)

  1-30 days past due      Dollars                              89,555,438.59
                          Percent Dollars                              5.85%
                          Number of Accts                             33,998
                          Percent Number of Accts                      3.23%

  31-60 days past due     Dollars                              22,094,206.90
                          Percent Dollars                              1.44%
                          Number of Accts                              8,379
                          Percent Number of Accts                      0.80%

  61-90 days past due     Dollars                              13,165,708.53
                          Percent Dollars                              0.86%
                          Number of Accts                              4,698
                          Percent Number of Accts                      0.45%

  91-120 days past due    Dollars                               9,772,168.14
                          Percent Dollars                              0.64%
                          Number of Accts                              3,235
                          Percent Number of Accts                      0.31%

  121-150 days past due   Dollars                               8,580,688.46
                          Percent Dollars                              0.56%
                          Number of Accts                              2,717
                          Percent Number of Accts                      0.26%

  151-180 days past due   Dollars                               7,047,804.78
                          Percent Dollars                              0.46%
                          Number of Accts                              2,124
                          Percent Number of Accts                      0.20%

  181 + days past due     Dollars                              11,325,258.44
                          Percent Dollars                              0.74%
                          Number of Accts                              3,455
                          Percent Number of Accts                      0.33%

10.Base Rate Calculation

   Base Rate                                                           7.20%

   Portfolio Yield                       (net of losses)              11.66%

   Excess of Portfolio Yield over Base Rate                            4.46%

11.Number of Accounts in the Trust

   Number of Additional Accounts                                           0
   Number of Removed Accounts                                              0
   Number of Automatic Additonal Accounts                              2,706
   Ending Number of Accounts                                       1,052,581

              PEOPLE'S BANK CREDIT CARD MASTER TRUST SERIES 1994-2
                            MONTHLY SERVICER'S REPORT
                                                                 End of Month
 
# of Months Series in Existence:                                           16
Monthly Period Ended                                        January  31, 1996
Distribution Date                                           February 15, 1996
Determination Date                                          February  9, 1996
Number of Days in Period                                                   30


1.Trust Activity Series 1994-2

  Beginning of Month - Aggregate Principal Receivables       1,561,288,349.20

  Principal Collections on the Receivables                     140,579,372.34

  Finance Charge Receivables                                    21,401,107.05

  Receivables in Defaulted Accounts                              6,224,533.62

  End of Month - Aggregate Principal Receivables             1,529,698,160.68

  Investor Interest Series 1993-1                              166,666,666.67
  Investor Interest Series 1994-1                              200,000,000.00
  Investor Interest Series 1994-2                              400,000,000.00
  Investor Interest Series 1995-1                              400,000,000.00
  Seller Principal Receivables                                 363,031,494.01

  Total Investor Percentage with respect to...
    Finance Charges                                               26.1489495%
    Charged-Off Accounts                                          26.1489495%
    Principal Receivables                                         26.1489495%

  Class A Percentage with respect to...
    Finance Charges                                               24.8415021%
    Charged-Off Accounts                                          24.8415021%
    Principal Receivables                                         24.8415021%

  Class B Percentage with respect to...
    Finance Charges                                                1.3074475%
    Charged-Off Accounts                                           1.3074475%
    Principal Receivables                                          1.3074475%

  Seller Percentage with respect to ...
    Finance Charges                                               23.7322305%
    Charged-Off Accounts                                          23.7322305%
    Principal Receivables                                         21.5531514%

2.Allocation of Funds in Collection Account

  Class A Available Finance Charge Collections                  5,208,788.42

  Class A Monthly Cap Interest Payable to Class A Certificateholders
  (See "Calculation of Certificate Interest" #3)                1,828,750.00
   Unpaid Class A Monthly Cap Interest                                  0.00

  Class A Monthly Servicing Fee
  (See"Calculation of Monthly Servicing Fee" #6)                  633,333.33
   Unpaid Class A Monthly Servicing Fee                                 0.00

  Class A Investor Default Amount                               1,514,981.38
   Unreimbursed Class A Investor Charge-offs                            0.00

  Excess Spread from Class A Finance Charge Collections         1,231,723.71 

  Class A Required Amount                                               0.00

  Class B Available Finance Charge Collections                    274,146.76 

  Class B Monthly Cap Interest Payable to Class B Certificateholders
  (See "Calculation of Certificate Interest" #3)                  100,416.67
    Unpaid Class B Monthly Cap Interest                                 0.00

  Class B Monthly Servicing Fee
  (See"Calculation of Monthly Servicing Fee" #6)                   33,333.33
    Unpaid Class B Monthly Servicing Fee                                0.00

  Class B Investor Default Amount                                  79,735.86
   Unreimbursed Class B Investor Charge-offs                            0.00

  Excess Spread from Class B Finance Charge Collections            60,660.90

  Class B Required Amount                                               0.00

  Total Excess Spread                                           1,292,384.61 

  Excess Spread and Shared Finance Charges used to Satisfy
    Class A Required Amount                                             0.00
   Excess Spread used to satisfy Unpaid Class A Monthly
    Cap Interest                                                        0.00
   Excess Spread used to satisfy Unpaid Class A Monthly
    Servicing Fee                                                       0.00
   Excess Spread used to satisfy Unreimbursed Class A 
    Investor Charge-offs                                                0.00
   Remaining Class A Required Amount                                    0.00

  Excess Spread used to satisfy Class B Required Amount                 0.00
   Excess Spread used to satisfy Unpaid Class B Monthly
    Cap Interest                                                        0.00
   Excess Spread used to satisfy Unpaid Class B Monthly
    Servicing Fee                                                       0.00
   Excess Spread used to satisfy Unreimbursed Class B 
    Investor Charge-offs                                                0.00
   Remaining Class B Required Amount                                    0.00

  Shared Finance Charges used to satisfy Remaining Class A
   Required Amount                                                      0.00
    Shared Finance Charges used to satisfy Unpaid Class A
     Monthly Cap Interest                                               0.00
    Shared Finance Charges used to satisfy Unpaid Class A
     Monthly Servicing Fee                                              0.00
    Shared Finance Charges used to satisfy Unreimbursed 
     Class A Investor Charge-offs                                       0.00
    Remaining Class A Required Amount                                   0.00

  Class B Reallocated Amount used to satisfy Remaining Class A
   Required Amount                                                      0.00
    Class B Reallocated Amount used to satisfy Unpaid Class A
     Monthly Cap Interest                                               0.00
    Class B Reallocated Amount used to satisfy Unpaid Class A
     Monthly Servicing Fee                                              0.00
    Class B Reallocated Amount used to satisfy Unreimbursed
     Class A Investor Charge-offs                                       0.00
    Remaining Class A Required Amount                                   0.00

  Cash Collateral Withdrawal used to satisfy Remaining Class A
   Required Amount                                                      0.00
    Cash Collateral Withdrawal used to satisfy Unpaid Class A
     Monthly Cap Interest                                               0.00
    Cash Collateral Withdrawal used to satisfy Unpaid Class A
     Monthly Servicing Fee                                              0.00
    Cash Collateral Withdrawal used to satisfy Unreimbursed
     Class A Investor Charge-offs                                       0.00
    Remaining Class A Required Amount                                   0.00

  Class B Investor Interest used to satisfy Unreimbursed
   Class A Investor Charge-offs                                         0.00

  Shared Finance Charges used to satisfy Remaining Class B
   Required Amount                                                      0.00
    Shared Finance Charges used to satisfy Unpaid Class B 
     Monthly Cap Interest                                               0.00
    Shared Finance Charges used to satisfy Unpaid Class B
     Monthly Servicing Fee                                              0.00
    Shared Finance Charges used to satisfy Unreimbursed B
     Investor Charge-offs                                               0.00
    Remaining Class B Required Amount                                   0.00

  Cash Collateral Withdrawal used to satisfy Remaining Class B
   Required Amount                                                      0.00
    Cash Collateral Withdrawal used to satisfy Unpaid Class B
     Monthly Cap Interest                                               0.00
    Cash Collateral Withdrawal used to satisfy Unpaid Class B
     Monthly Servicing Fee                                              0.00
    Cash Collateral Withdrawal used to satisfy Unreimbursed
     Class B Investor Charge-offs                                       0.00
    Remaining Class B Required Amount                                   0.00

  Excess Spread used to satisfy interest on overdue Class A
  (See "Calculation of Certificate Interest" #3)                        0.00

  Excess Spread used to satisfy interest on overdue Class B
  (See "Calculation of Certificate Interest" #3)                        0.00

  Excess Spread used to satisfy reimbursements of Class B Interest      0.00

  Excess Spread used to satisfy deposits into Required Cash
   Collateral Account                                                   0.00

  Excess Spread used to satisfy shortfalls of the Class A
   Interest Payments                                                    0.00

  Excess Spread used to satisfy shortfalls of the Class B
   Interest Payments                                                    0.00

  Excess Spread used to satisfy payments per Loan 
   Agreement                                                    1,292,384.61

  Excess Spread used to satisfy Class A Excess Interest                 0.00

  Excess Spread used to satisfy Class B Excess Interest                 0.00

  Remaining Excess Servicing (dollars)                          1,274,784.61
  Remaining Excess Servicing (percentage of Investor Interest)         3.82%

  Class A Investor Certificate Interest Shortfall                    
   (Deficiency Amounts)                                                 0.00

  Class A Charge-offs                                                   0.00
  Unreimbursed Class A Charge Offs                                      0.00
  Unreimbursed Class A Charge Offs per $1,000 Original                  0.00

  Class A Monthly Servicing Fee Shortfall                               0.00

  Class B Investor Certificate Interest Shortfall                       0.00

  Class B Charge-offs                                                   0.00
  Unreimbursed Class B Charge Offs                                      0.00 
  Unreimbursed Class B Charge Offs per $1,000 Original                  0.00 

  Class B Monthly Servicing Fee Shortfall                               0.00

  Available Principal Collections                              36,016,248.35 

  Monthly Principal Payable To Class A Certificateholders
  (See "Calculation of Monthly Principal" #4)                           0.00

  Monthly Principal Payable To Class B Certificateholders
  (See "Calculation of Monthly Principal" #4)                           0.00

  Monthly Principal Reinvested In Receivables
  (See "Calculation of Monthly Principal" #4)                  37,610,965.59 

  (Net Deposit)/Draws on Shared Principal Collections                   0.00 

  Required Shared Finance Charge Collections from other Series          0.00
  Draw on Shared Finance Charge Collections from other Series           0.00 

  Withdrawal from Cash Collateral Account                               0.00 

  Required Shared Finance Charge Collections for other Series           0.00 
  Deposit of Shared Finance Charge Collections for other Series         0.00 

  Total Distribution to Class A Investors                       1,828,750.00
  Total Distribution to Class A Investors per $1,000 Invested           4.81

  Total Distribution to Class B Investors                         100,416.67
  Total Distribution to Class B Investors per $1,000 Invested           5.02

3.Calculation of Certificate Interest

  Class A Certificate Rate                                           5.7750%
  Class A Interest Rate Cap Provider Deposit                            0.00

  Previous Month's Class A Deficiency Amount                            0.00

  Class A Interest at the Certificate Rate + 0.5% on 
   Deficiency Amount                                                    0.00

  This Month Class A Certificate Interest                       1,828,750.00

  Expected Class A Principal                                  380,000,000.00
  This Month Class A Cap Shortfall                                      0.00
  Class A Excess Interest                                               0.00

  Total Class A Interest Distributable to Class A 
   Certificateholders                                           1,828,750.00
  Total Class A Interest Distributable per $1,000 of 
   Class A Original Investment                                          4.81

  Class B Certificate Rate                                           6.0250%
  Class B Interest Rate Cap Provider Deposit                            0.00

  Previous Month's Class B Deficiency Amount                            0.00

  Class B Interest at the Certificate Rate + 0.5% on 
   Deficiency Amount                                                    0.00

  This Month Class B Certificate Interest                         100,416.67

  Expected Class B Principal                                   20,000,000.00
  This Month Class B Cap Shortfall                                      0.00
  Class B Excess Interest                                               0.00

  Total Class B Interest Distributable to Class B 
   Certificateholders                                             100,416.67
  Total Class B Interest Distributable per $1,000 of 
   Class B Original Investment                                          5.02

  Total Certificate Interest Distributable to 
   Certificateholders                                           1,929,166.67
  Total Certificate Interest Distributable per $1,000 of
   Original Investment                                                  4.82

4.Calculation of Monthly Principal

  Beginning Investor Interest                                 400,000,000.00

  Beginning Class A Interest                                  380,000,000.00

  Class A Available Principal Collections                      34,215,435.94
  Class A Monthly Unreimbursed Charge-Offs                              0.00
  Total Class A Monthly Principal                              35,730,417.31

  Class A Monthly Principal Reinvested in Receivables          35,730,417.31

  Class A Controlled Amortization Amount                                0.00

  Maximum Monthly Principal to Class A Certificateholders               0.00 

  Class A Deficit Controlled Amortization Amount                        0.00

  Monthly Principal Payable to Class A Certificateholders               0.00
  Class A Monthly Principal Payable per $1,000 of Original
   Investment                                                           0.00

  Beginning Class B Interest                                   20,000,000.00

  Class B Available Principal Collections                       1,800,812.42
  Class B Monthly Unreimbursed Charge-Offs                              0.00
  Total Class B Monthly Principal                               1,880,548.28

  Class B Reallocated Principal                                         0.00
  Prior Month's Cumulative Class B Reallocated Principal                0.00
  Class B Reduction of Interest                                         0.00
   Prior Month's Cumulative Class B Reduction of Interest               0.00

  Class B Monthly Principal Reinvested in Receivables           1,880,548.28 

  Class B Controlled Amortization Amount                                0.00

  Maximum Monthly Principal to Class B Certificateholders               0.00

  Required Shared Principal Collections for other Series                0.00
  Deposit of Shared Principal Collections for other Series              0.00
  Required Shared Principal Collections from other Series               0.00
  Draw on Shared Principal Collections from other Series                0.00

  Class B Deficit Controlled Amortization Amount                        0.00

  Monthly Principal Payable to Class B Certificateholders               0.00 
  Class B Monthly Principal Payable per $1,000 of Original
   Investment                                                           0.00

  Ending Investor Interest                                    400,000,000.00 
  Ending Class A Interest                                     380,000,000.00
  Ending Class B Interest                                      20,000,000.00

5.Calculation of Pool Factor

  Pool Factor
  (Ending Certificate Balance divided by Initial Principal
    Amount to 7 decimal places)                                    1.0000000

6.Calculation of Monthly Servicing Fee

  Series Servicing Fee Percentage                                      2.00%

  Beginning Class A Investor Interest                         380,000,000.00
  Beginning Class B Investor Interest                          20,000,000.00
  Beginning Investor Interest                                 400,000,000.00

     Class A Monthly Servicing Fee                                633,333.33
     Class B Monthly Servicing Fee                                 33,333.33
     Total Monthly Servicing  Fee                                 666,666.67

7.Cash Collateral Account Activity

  Beginning of Month Balance                                   36,000,000.00

  Required Cash Collateral Account Amount                      36,000,000.00

  Excess Spread used to satisy payments per Loan Agreement      1,292,384.61

  Cash Collateral Account Deposits                                      0.00

  Reinvestment Income Received on Cash Collateral Account          59,950.00

  Aggregate Cash Collateral Account Draws                               0.00

  Available Cash Collateral Amount     (Dollars)               36,000,000.00
  Available Cash Collateral Amount     (Percentage)                    9.00%
 
8.Past Due Statistics
  (past due on a contractual basis)

1-30 days past due          Dollars                            89,555,438.59
                            Percent Dollars                            5.85%
                            Number of Accts                           33,998
                            Percent Number of Accts                    3.23%

31-60 days past due         Dollars                            22,094,206.90
                            Percent Dollars                            1.44%
                            Number of Accts                            8,379
                            Percent Number of Accts                    0.80%

61-90 days past due         Dollars                            13,165,708.53
                            Percent Dollars                            0.86%
                            Number of Accts                            4,698
                            Percent Number of Accts                    0.45%

91-120 days past due        Dollars                             9,772,168.14
                            Percent Dollars                            0.64%
                            Number of Accts                            3,235
                            Percent Number of Accts                    0.31%

121-150 days past due       Dollars                             8,580,688.46
                            Percent Dollars                            0.56%
                            Number of Accts                            2,717
                            Percent Number of Accts                    0.26%

151-180 days past due       Dollars                             7,047,804.78
                            Percent Dollars                            0.46%
                            Number of Accts                            2,124
                            Percent Number of Accts                    0.20%

181 + days past due         Dollars                            11,325,258.44
                            Percent Dollars                            0.74%
                            Number of Accts                            3,455
                            Percent Number of Accts                    0.33%

9. Base Rate Calculation

   Base Rate                                                           7.79%

   Portfolio Yield                       (net of losses)              11.66%

   Excess of Portfolio Yield over Base Rate                            3.88%

10. Number of Accounts in the Trust

    Number of Additional Accounts                                          0
    Number of Removed Accounts                                             0
    Number of Automatic Additonal Accounts                             2,706
    Ending Number of Accounts                                      1,052,581

              PEOPLE'S BANK CREDIT CARD MASTER TRUST SERIES 1995-1
                            MONTHLY SERVICER'S REPORT
                                                           End of Month
 
# of Months Series in Existence:                                      11
Monthly Period Ended                                   January  31, 1996
Distribution Date                                      February 15, 1996
Determination Date                                     February  9, 1996
Number of Days in Period                                              30


1. Trust Activity Series 1995-1

   Beginning of Month - Aggregate Principal Receivables     1,561,288,349.20

   Principal Collections on the Receivables                   140,579,372.34
  
   Finance Charge Receivables                                  21,401,107.05

   Receivables in Defaulted Accounts                            6,224,533.62

   End of Month - Aggregate Principal Receivables           1,529,698,160.68

   Investor Interest Series 1993-1                            166,666,666.67
   Investor Interest Series 1994-1                            200,000,000.00
   Investor Interest Series 1994-2                            400,000,000.00
   Investor Interest Series 1995-1                            400,000,000.00
   Seller Principal Receivables                               363,031,494.01

   Total Investor Percentage with respect to...
                       Finance Charges                           26.1489495%
                       Charged-Off Accounts                      26.1489495%
                       Principal Receivables                     26.1489495%

   Class A Percentage with respect to...
                       Finance Charges                           24.8415021%
                       Charged-Off Accounts                      24.8415021%
                       Principal Receivables                     24.8415021%

   Class B Percentage with respect to...
                       Finance Charges                            1.3074475%
                       Charged-Off Accounts                       1.3074475%
                       Principal Receivables                      1.3074475%

   Seller Percentage with respect to ...
                       Finance Charges                           23.7322305%
                       Charged-Off Accounts                      23.7322305%
                       Principal Receivables                     21.5531514%

   Class A Available Finance Charge Collections                 5,208,788.42

   Class A Monthly Cap Interest Payable to Class A Certificateholders
   (See "Calculation of Certificate Interest" #3)               1,844,583.33
     Unpaid Class A Monthly Cap Interest                                0.00

   Class A Monthly Servicing Fee
   (See"Calculation of Monthly Servicing Fee" #6)                 633,333.33
     Unpaid Class A Monthly Servicing Fee                               0.00

   Class A Investor Default Amount                              1,514,981.38
     Unreimbursed Class A Investor Charge-offs                          0.00

   Excess Spread from Class A Finance Charge Collections        1,215,890.38

   Class A Required Amount                                              0.00

   Class B Available Finance Charge Collections                   274,146.76

   Class B Monthly Cap Interest Payable to Class B Certificateholders
   (See "Calculation of Certificate Interest" #3)                  99,583.33
     Unpaid Class B Monthly Cap Interest                                0.00

   Class B Monthly Servicing Fee
   (See"Calculation of Monthly Servicing Fee" #6)                  33,333.33
     Unpaid Class B Monthly Servicing Fee                               0.00

   Class B Investor Default Amount                                 79,735.86
     Unreimbursed Class B Investor Charge-offs                          0.00

   Excess Spread from Class B Finance Charge Collections           61,494.23
  
   Class B Required Amount                                              0.00

   Total Excess Spread                                          1,277,384.61

   Excess Spread and Shared Finance Charges used to Satisfy
    Class A Required Amount                                             0.00
     Excess Spread used to satisfy Unpaid Class A Monthly
      Cap Interest                                                      0.00
     Excess Spread used to satisfy Unpaid Class A Monthly
      Servicing Fee                                                     0.00
     Excess Spread used to satisfy Unreimbursed Class A 
      Investor Charge-offs                                              0.00
     Remaining Class A Required Amount                                  0.00

   Excess Spread used to satisfy Class B Required Amount                0.00
     Excess Spread used to satisfy Unpaid Class B Monthly
      Cap Interest                                                      0.00
     Excess Spread used to satisfy Unpaid Class B Monthly
      Servicing Fee                                                     0.00
     Excess Spread used to satisfy Unreimbursed Class B 
      Investor Charge-offs                                              0.00
     Remaining Class B Required Amount                                  0.00

   Shared Finance Charges used to satisfy Remaining Class A
    Required Amount                                                     0.00
     Shared Finance Charges used to satisfy Unpaid Class A
      Monthly Cap Interest                                              0.00
     Shared Finance Charges used to satisfy Unpaid Class A 
      Monthly Servicing Fee                                             0.00
     Shared Finance Charges used to satisfy Unreimbursed 
      Class A Investor Charge-offs                                      0.00
     Remaining Class A Required Amount                                  0.00

   Cash Collateral Withdrawal used to satisfy Remaining Class A
    Required Amount                                                    0.00
     Cash Collateral Withdrawal used to satisfy Unpaid Class A
      Monthly Cap Interest                                             0.00
     Cash Collateral Withdrawal used to satisfy Unpaid Class A
      Monthly Servicing Fee                                            0.00
     Cash Collateral Withdrawal used to satisfy Unreimbursed
      Class A Investor Charge-offs                                     0.00
     Remaining Class A Required Amount                                 0.00

   Class B Reallocated Amount used to satisfy Remaining Class A
    Required Amount                                                    0.00
     Class B Reallocated Amount used to satisfy Unpaid Class A
      Monthly Cap Interest                                             0.00
     Class B Reallocated Amount used to satisfy Unpaid Class A
      Monthly Servicing Fee                                            0.00
     Class B Reallocated Amount used to satisfy Unreimbursed
      Class A Investor Charge-offs                                     0.00
     Remaining Class A Required Amount                                 0.00

   Cash Collateral Withdrawal used to satisfy Remaining Class A
    Required Amount                                                    0.00
     Cash Collateral Withdrawal used to satisfy Unpaid Class A
      Monthly Cap Interest                                             0.00
     Cash Collateral Withdrawal used to satisfy Unpaid Class A
      Monthly Servicing Fee                                            0.00
     Cash Collateral Withdrawal used to satisfy Unreimbursed
      Class A Investor Charge-offs                                     0.00
     Remaining Class A Required Amount                                 0.00

   Class B Investor Interest used to satisfy Unreimbursed
    Class A Investor Charge-offs                                       0.00

   Shared Finance Charges used to satisfy Remaining Class B
    Required Amount                                                    0.00
     Shared Finance Charges used to satisfy Unpaid Class B
      Monthly Cap Interest                                             0.00
     Shared Finance Charges used to satisfy Unpaid Class B
      Monthly Servicing Fee                                            0.00
     Shared Finance Charges used to satisfy Unreimbursed 
      Class B Investor Charge-offs                                     0.00
     Remaining Class B Required Amount                                 0.00

   Cash Collateral Withdrawal used to satisfy Remaining Class B
    Required Amount                                                    0.00
     Cash Collateral Withdrawal used to satisfy Unpaid Class B
      Monthly Cap Interest                                             0.00
     Cash Collateral Withdrawal used to satisfy Unpaid Class B
      Monthly Servicing Fee                                            0.00
     Cash Collateral Withdrawal used to satisfy Unreimbursed
      Class B Investor Charge-offs                                     0.00
     Remaining Class B Required Amount                                 0.00

   Excess Spread used to satisfy interest on overdue Class A
   (See "Calculation of Certificate Interest" #3)                      0.00

   Excess Spread used to satisfy interest on overdue Class B
   (See "Calculation of Certificate Interest" #3)                      0.00

   Excess Spread used to satisfy reimbursements of Class B
    Interest                                                           0.00

   Excess Spread used to satisfy deposits into Required Cash
    Collateral Account                                                 0.00

   Excess Spread used to satisfy shortfalls of the Class A
    Interest Payments                                                  0.00

   Excess Spread used to satisfy shortfalls of the Class B
    Interest Payments                                                  0.00

   Excess Spread used to satisfy payments per Loan Agreement   1,277,384.61

   Excess Spread used to satisfy Class A Excess Interest               0.00

   Excess Spread used to satisfy Class B Excess Interest               0.00

   Remaining Excess Servicing (dollars)                        1,262,217.94    
   Remaining Excess Servicing (percentage of Investor 
    Interest)                                                         3.79%

   Class A Investor Certificate Interest Shortfall                     0.00 
 
   Class A Charge-offs                                                 0.00
   Unreimbursed Class A Charge Offs                                    0.00 
   Unreimbursed Class A Charge Offs per $1,000 Original                0.00 

   Class A Monthly Servicing Fee Shortfall                             0.00

   Class B Investor Certificate Interest Shortfall                     0.00

   Class B Charge-offs                                                 0.00
   Unreimbursed Class B Charge Offs                                    0.00 
   Unreimbursed Class B Charge Offs per $1,000 Original                0.00 

   Class B Monthly Servicing Fee Shortfall                             0.00

   Available Principal Collections                            36,016,248.35

   Monthly Principal Payable To Class A Certificateholders
   (See "Calculation of Monthly Principal" #4)                         0.00

   Monthly Principal Payable To Class B Certificateholders
   (See "Calculation of Monthly Principal" #4)                         0.00

   Monthly Principal Reinvested In Receivables
   (See "Calculation of Monthly Principal" #4)                37,610,965.59

   (Net Deposit)/Draws on Shared Principal Collections                 0.00

   Required Shared Finance Charge Collections from other 
    Series                                                             0.00
   Draw on Shared Finance Charge Collections from other 
    Series                                                             0.00 
 
   Withdrawal from Cash Collateral Account                             0.00

   Class B Investor Certificate Interest Shortfall                     0.00   

   Required Shared Finance Charge Collections for other 
    Series                                                             0.00
   Deposit of Shared Finance Charge Collections for other
    Series                                                             0.00

   Total Distribution to Class A Investors                     1,844,583.33
   Total Distribution to Class A Investors per $1,000 
    Invested                                                           4.85

   Total Distribution to Class B Investors                        99,583.33
   Total Distribution to Class B Investors per $1,000 
    Invested                                                           4.98

3. Calculation of Certificate Interest

   Class A Certificate Rate                                         5.8250%
   Class A Interest Rate Cap Provider Deposit                          0.00

   Previous Month's Class A Deficiency Amount                          0.00

   Class A Interest at the Certificate Rate + 0.5% on 
    Deficiency Amount                                                  0.00

   This Month Class A Certificate Interest                     1,844,583.33

   Expected Class A Principal                                380,000,000.00
   This Month Class A Cap Shortfall                                    0.00
   Class A Excess Interest                                             0.00

   Total Class A Interest Distributable to Class A 
    Certificateholders                                         1,844,583.33
   Total Class A Interest Distributable per $1,000 of 
    Class A Original Investment                                        4.85

   Class B Certificate Rate                                         5.9750%
   Class B Interest Rate Cap Provider Deposit                          0.00
  
   Previous Month's Class B Deficiency Amount                          0.00

   Class B Interest at the Certificate Rate + 0.5% on 
    Deficiency Amount                                                  0.00

   This Month Class B Certificate Interest                        99,583.33

   Expected Class B Principal                                 20,000,000.00
   This Month Class B Cap Shortfall                                    0.00
   Class B Excess Interest                                             0.00

   Total Class B Interest Distributable to Class B 
    Certificateholders                                            99,583.33
   Total Class B Interest Distributable per $1,000 of 
    Class B Original Investment                                        4.98

   Total Certificate Interest Distributable to
    Certificateholders                                         1,944,166.67
   Total Certificate Interest Distributable per $1,000 of
    Original Investment                                                4.86

4. Calculation of Monthly Principal

   Beginning Investor Interest                               400,000,000.00

   Beginning Class A Interest                                380,000,000.00

   Class A Available Principal Collections                    34,215,435.94
   Class A Monthly Unreimbursed Charge-Offs                            0.00
   Total Class A Monthly Principal                            35,730,417.31

   Class A Monthly Principal Reinvested in Receivables        35,730,417.31

   Class A Controlled Amortization Amount                              0.00

   Maximum Monthly Principal to Class A Certificateholders             0.00

   Class A Deficit Controlled Amortization Amount                      0.00

   Monthly Principal Payable to Class A Certificateholders             0.00
   Class A Monthly Principal Payable per $1,000 of Original
    Investment                                                         0.00

   Beginning Class B Interest                                 20,000,000.00

   Class B Available Principal Collections                     1,800,812.42
   Class B Monthly Unreimbursed Charge-Offs                            0.00
   Total Class B Monthly Principal                             1,880,548.28

   Class B Reallocated Principal                                       0.00
   Prior Month's Cumulative Class B Reallocated Principal              0.00
   Class B Reduction of Interest                                       0.00
   Prior Month's Cumulative Class B Reduction of Interest              0.00

   Class B Monthly Principal Reinvested in Receivables         1,880,548.28

   Class B Controlled Amortization Amount                              0.00

   Maximum Monthly Principal to Class B Certificateholders             0.00

   Required Shared Principal Collections for other Series              0.00 
   Deposit of Shared Principal Collections for other Series            0.00 
   Required Shared Principal Collections from other Series             0.00
   Draw on Shared Principal Collections from other Series              0.00 
 
   Class B Deficit Controlled Amortization Amount                      0.00 

   Monthly Principal Payable to Class B Certificateholders             0.00 
   Class B Monthly Principal Payable per $1,000 of Original
    Investment                                                         0.00

   Ending Investor Interest                                  400,000,000.00
   Ending Class A Interest                                   380,000,000.00
   Ending Class B Interest                                    20,000,000.00

5. Calculation of Pool Factor

   Pool Factor
   (Ending Certificate Balance divided by Initial Principal
     Amount to 7 decimal places)                                  1.0000000

6.Calculation of Monthly Servicing Fee

   Series Servicing Fee Percentage                                    2.00%

   Beginning Class A Investor Interest                       380,000,000.00
   Beginning Class B Investor Interest                        20,000,000.00
   Beginning Investor Interest                               400,000,000.00

     Class A Monthly Servicing Fee                               633,333.33
     Class B Monthly Servicing Fee                                33,333.33
     Total Monthly Servicing  Fee                                666,666.67
   
7. Cash Collateral Account Activity

   Beginning of Month Balance                                 36,000,000.00

   Required Cash Collateral Account Amount                    36,000,000.00

   Excess Spread used to satisfy payments per Loan Agreement   1,277,384.61

   Cash Collateral Account Deposits                                    0.00

   Reinvestment Income Received on Cash Collateral Account        39,966.67

   Aggregate Cash Collateral Account Draws                             0.00

   Available Cash Collateral Amount     (Dollars)             36,000,000.00
   Available Cash Collateral Amount     (Percentage)                  9.00%
 
8. Past Due Statistics
   (past due on a contractual basis)

   1-30 days past due          Dollars                        89,555,438.59
                               Percent Dollars                        5.85%
                               Number of Accts                       33,998
                               Percent Number of Accts                3.23%

   31-60 days past due         Dollars                        22,094,206.90
                               Percent Dollars                        1.44%
                               Number of Accts                        8,379  
                               Percent Number of Accts                0.80%

   61-90 days past due         Dollars                        13,165,708.53
                               Percent Dollars                        0.86%
                               Number of Accts                        4,698
                               Percent Number of Accts                0.45%

   91-120 days past due        Dollars                         9,772,168.14
                               Percent Dollars                        0.64%
                               Number of Accts                        3,235
                               Percent Number of Accts                0.31%

   121-150 days past due       Dollars                         8,580,688.46
                               Percent Dollars                        0.56%
                               Number of Accts                        2,717
                               Percent Number of Accts                0.26%

   151-180 days past due       Dollars                         7,047,804.78
                               Percent Dollars                        0.46%
                               Number of Accts                        2,124
                               Percent Number of Accts                0.20%

   181 + days past due         Dollars                        11,325,258.44
                               Percent Dollars                        0.74%
                               Number of Accts                        3,455
                               Percent Number of Accts                0.33%

9. Base Rate Calculation

   Base Rate                                                          7.83%

   Portfolio Yield                       (net of losses)             11.66%

   Excess of Portfolio Yield over Base Rate                           3.83%

10.Number of Accounts in the Trust

   Number of Additional Accounts                                          0
   Number of Removed Accounts                                             0
   Number of Automatic Additonal Accounts                             2,706
   Ending Number of Accounts                                      1,052,581