PEOPLE'S BANK CREDIT CARD MASTER TRUST SERIES 1993-1
                            MONTHLY SERVICER'S REPORT
                                                           End of Month
 
# of Months Series in Existence:                                     34
Monthly Period Ended                                     March 31, 1996
Distribution Date                                        April 15, 1996
Determination Date                                      April  10, 1996


1.Trust Activity Series 1993-1

Beginning of Month - Aggregate Principal Receivables   1,497,859,278.93

Principal Collections on the Receivables                 138,112,668.16

Finance Charge Receivables                                21,272,323.14

Receivables in Defaulted Accounts                          7,152,947.90

End of Month - Aggregate Principal Receivables         1,450,383,421.33

Investor Interest Series 1993-1                          133,333,333.33
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                             317,050,088.00

Investor Percentage with respect to...
                                Finance Charges              9.1929714%
                                Charged-Off Accounts         9.1929714%
                                Principal Receivables       13.7894571%

Seller Percentage with respect to ...
                                Finance Charges             21.8597430%
                                Charged-Off Accounts        21.8597430%
                                Principal Receivables       17.2632573%

2.  Allocation of Funds in Collection Account

    Available Finance Charge Collections                       2,130,272.53

    Available Principal Collections                           18,441,340.93

    Investor Default Amount                                      716,317.08

    Aggregate Collections Allocated to Certificateholders     20,571,613.46

    Monthly Certificate Interest Payable to Certificateholders
    (See "Calculation of Certificate Interest" #3)               600,000.00

    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)                2,490,991.35

    (Net Deposit)/Draws on Shared Principal Collections                0.00 

    Collections Available to Reimburse Investor Charge offs      552,236.70 

    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)              250,000.00

    Monthly Certificate Insurer Fee                               11,718.75

    Excess Servicing  (Shortfall) (dollars)                      552,236.70 
    Excess Servicing  (Shortfall) (percentage of Investor
     Interest)                                                        4.42%

    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                           17,266,666.67
    Total Distribution to Investors per $1,000 Invested               86.33

3.  Calculation of Certificate Interest

    Certificate Rate                                                   4.80%

    This Month Certificate Interest                              600,000.00

    Previous Month's Deficiency Amount                                 0.00

    Total Certificate Interest Distributable to 
     Certificateholders                                          600,000.00 
    Total Certificate Interest Distributable per $1,000 of 
     Original Investment                                               3.00

4.  Calculation of Monthly Principal

    Beginning Investor Interest                              150,000,000.00

    Available Principal Collections                           18,441,340.93

    Investor Default Amount                                      716,317.08

    Total Investor Monthly Principal                          19,157,658.01

    Investor Monthly Principal Reinvested in Receivables       2,490,991.35

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

    Ending Investor Interest                                 133,333,333.33

5.  Calculation of Pool Factor

    Pool Factor
    (Ending Certificate Balance divided by Initial Principal
      Amount to 7 decimal places)                                  0.6666667

6. Calculation of Monthly Servicing Fee

    Series Servicing Fee Percentage                                    2.00%

    Beginning Investor Interest                              150,000,000.00

      Monthly Servicing Fee                                      250,000.00

7.  Calculation of Remaining Surety Bond Amount

    Available Surety Bond Amount on Previous Payment Date     15,000,000.00

    Stated Surety Bond Amount                                 13,500,000.00

    Unreimbursed Claims on Surety Bond                                 0.00

    Reimbursements of Claims on Surety Bond                            0.00

    Available Surety Bond Amount     (Dollars)                13,500,000.00
    Available Surety Bond Amount     (Percentage)                      9.00%

8.  Cash Collateral Account Activity

    Beginning of Month Balance                                 5,833,333.33

    Required Cash Collateral Account Amount                    5,250,000.00

    Cash Collateral Account Deposits                                   0.00

    Reinvestment Income Received on Cash Collateral Account       24,582.03

    Aggregate Cash Collateral Account Draws                            0.00

    Available Cash Collateral Amount     (Dollars)             5,250,000.00
    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                   87,475,698.38
                                     Percent Dollars                   6.03%
                                     Number of Accts                  32,483
                                     Percent Number of Accts           3.08%

    31-60 days past due              Dollars                   21,137,425.48
                                     Percent Dollars                   1.46%
                                     Number of Accts                   7,386
                                     Percent Number of Accts           0.70%

    61-90 days past due              Dollars                   14,256,919.88
                                     Percent Dollars                   0.98%
                                     Number of Accts                   4,844
                                     Percent Number of Accts           0.46%

    91-120 days past due             Dollars                   10,798,723.03
                                     Percent Dollars                   0.74%
                                     Number of Accts                   3,535
                                     Percent Number of Accts           0.33%

    121-150 days past due            Dollars                    8,461,733.47
                                     Percent Dollars                   0.58%
                                     Number of Accts                   2,678
                                     Percent Number of Accts           0.25%

    151-180 days past due            Dollars                    6,831,255.01
                                     Percent Dollars                   0.47%
                                     Number of Accts                   2,057
                                     Percent Number of Accts           0.19%

    181 + days past due              Dollars                   11,479,559.10
                                     Percent Dollars                   0.79%
                                     Number of Accts                   3,360
                                     Percent Number of Accts           0.32%

10. Base Rate Calculation

    Base Rate                                                          6.90%

    Portfolio Yield                       (net of losses)             11.31%

    Excess of Portfolio Yield over Base Rate                           4.41%

11. Number of Accounts in the Trust

    Number of Additional Accounts                                         0
    Number of Removed Accounts                                            0
    Number of Automatic Additonal Accounts                              997
    Ending Number of Accounts                                     1,055,728

              PEOPLE'S BANK CREDIT CARD MASTER TRUST SERIES 1994-1
                            MONTHLY SERVICER'S REPORT
                                                           End of Month
 
# of Months Series in Existence:                                     26
Monthly Period Ended                                     March 31, 1996
Distribution Date                                        April 15, 1996
Determination Date                                      April  10, 1996


1. Trust Activity Series 1994-1

   Beginning of Month - Aggregate Principal Receivables   1,497,859,278.93

   Principal Collections on the Receivables                 138,112,668.16

   Finance Charge Receivables                                21,272,323.14

   Receivables in Defaulted Accounts                          7,152,947.90

   End of Month - Aggregate Principal Receivables         1,450,383,421.33

   Investor Interest Series 1993-1                          133,333,333.33
   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                             317,050,088.00

   Investor Percentage with respect to...
                               Finance Charges                 13.7894571%
                               Charged-Off Accounts            13.7894571%
                               Principal Receivables           13.7894571%

   Seller Percentage with respect to ...
                               Finance Charges                 21.8597430%
                               Charged-Off Accounts            21.8597430%
                               Principal Receivables           17.2632573%

2.  Allocation of Funds in Collection Account

    Available Finance Charge Collections                       2,840,363.37

    Available Principal Collections                           18,441,340.93

    Investor Default Amount                                      955,089.44

    Aggregate Collections Allocated to Certificateholders     21,281,704.30

    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)               19,396,430.37

    (Net Deposit)/Draws on Shared Principal Collections                0.00

    Collections Available to Reimburse Investor Charge offs      686,315.60 

    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)                       686,315.60  
    Excess Servicing (Shortfall) (percentage of 
     Investor Interest)                                               4.12% 

    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

    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                           18,441,340.93

    Investor Default Amount                                      955,089.44

    Total Investor Monthly Principal                          19,396,430.37

    Investor Monthly Principal Reinvested in Receivables      19,396,430.37

    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       29,498.44

    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                  87,475,698.38
                                     Percent Dollars                  6.03%
                                     Number of Accts                 32,483
                                     Percent Number of Accts          3.08%

    31-60 days past due              Dollars                 21,137,425.48
                                     Percent Dollars                 1.46%
                                     Number of Accts                 7,386
                                     Percent Number of Accts         0.70%

    61-90 days past due              Dollars                 14,256,919.88
                                     Percent Dollars                 0.98%
                                     Number of Accts                 4,844
                                     Percent Number of Accts         0.46%

    91-120 days past due             Dollars                 10,798,723.03
                                     Percent Dollars                 0.74%
                                     Number of Accts                 3,535
                                     Percent Number of Accts         0.33%

    121-150 days past due            Dollars                  8,461,733.47
                                     Percent Dollars                 0.58%
                                     Number of Accts                 2,678
                                     Percent Number of Accts         0.25%

    151-180 days past due            Dollars                  6,831,255.01
                                     Percent Dollars                 0.47%
                                     Number of Accts                 2,057
                                     Percent Number of Accts         0.19%

    181 + days past due              Dollars                 11,479,559.10
                                     Percent Dollars                 0.79%
                                     Number of Accts                 3,360
                                     Percent Number of Accts         0.32%

10. Base Rate Calculation

    Base Rate                                                          7.20%

    Portfolio Yield                       (net of losses)             11.31%

    Excess of Portfolio Yield over Base Rate                           4.11%

11. Number of Accounts in the Trust

    Number of Additional Accounts                                         0
    Number of Removed Accounts                                            0
    Number of Automatic Additonal Accounts                              997
    Ending Number of Accounts                                     1,055,728


              PEOPLE'S BANK CREDIT CARD MASTER TRUST SERIES 1994-2
                            MONTHLY SERVICER'S REPORT
                                                           End of Month
 
# of Months Series in Existence:                                     18
Monthly Period Ended                                     March 31, 1996
Distribution Date                                        April 15, 1996
Determination Date                                       April 10, 1996
Number of Days in Period                                             31


1.  Trust Activity Series 1994-2

    Beginning of Month - Aggregate Principal Receivables   1,497,859,278.93

    Principal Collections on the Receivables                 138,112,668.16
 
    Finance Charge Receivables                                21,272,323.14 

    Receivables in Defaulted Accounts                          7,152,947.90

    End of Month - Aggregate Principal Receivables         1,450,383,421.33

    Investor Interest Series 1993-1                          133,333,333.33
    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                             317,050,088.00

    Total Investor Percentage with respect to...
                                   Finance Charges              27.5789142%
                                   Charged-Off Accounts         27.5789142%
                                   Principal Receivables        27.5789142% 

    Class A Percentage with respect to...
                                   Finance Charges              26.1999685%
                                   Charged-Off Accounts         26.1999685%
                                   Principal Receivables        26.1999685%
   
    Class B Percentage with respect to...
                                   Finance Charges               1.3789457%
                                   Charged-Off Accounts          1.3789457%
                                   Principal Receivables         1.3789457%

    Seller Percentage with respect to ...
                                   Finance Charges              21.8597430%
                                   Charged-Off Accounts         21.8597430%
                                   Principal Receivables        17.2632573%

2.  Allocation of Funds in Collection Account

    Class A Available Finance Charge Collections               5,396,690.40

    Class A Monthly Cap Interest Payable to Class A Certificateholders
    (See "Calculation of Certificate Interest" #3)             1,807,902.78
      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                            1,814,669.94 
      Unreimbursed Class A Investor Charge-offs                        0.00

    Excess Spread from Class A Finance Charge Collections      1,140,784.36

    Class A Required Amount                                            0.00

    Class B Available Finance Charge Collections                 284,036.34  

    Class B Monthly Cap Interest Payable to Class B Certificateholders
    (See "Calculation of Certificate Interest" #3)                99,458.33
      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                               95,508.94
      Unreimbursed Class B Investor Charge-offs                        0.00

    Excess Spread from Class B Finance Charge Collections         55,735.73

    Class B Required Amount                                            0.00

    Total Excess Spread                                        1,196,520.08 

    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

    Class B Investor Interest used to satisfy Unreimbursed             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  1,196,520.08

    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 (Shortfall) (dollars)           1,181,053.41
    Remaining Excess Servicing (Shortfall) (percentage of 
     Investor Interest)                                               3.54%

    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                           36,882,681.87 

    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)               38,792,860.74

    (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                    1,807,902.78
    Total Distribution to Class A Investors per $1,000 Invested        4.76

    Total Distribution to Class B Investors                       99,458.33
    Total Distribution to Class B Investors per $1,000 Invested        4.97

3.  Calculation of Certificate Interest

    Class A Certificate Rate                                         5.5250%
    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                    1,807,902.78

    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                                        1,807,902.78
    Total Class A Interest Distributable per $1,000 of
     Class A Original Investment                                       4.76

    Class B Certificate Rate                                         5.7750%
    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                       99,458.33

    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                                           99,458.33
    Total Class B Interest Distributable per $1,000 of 
     Class B Original Investment                                       4.97

    Total Certificate Interest Distributable to 
     Certificateholders                                        1,907,361.11
    Total Certificate Interest Distributable per $1,000 of
     Original Investment                                               4.77

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                   35,038,547.77
    Class A Monthly Unreimbursed Charge-Offs                           0.00
    Total Class A Monthly Principal                           36,853,217.71

    Class A Monthly Principal Reinvested in Receivables       36,853,217.71

    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                    1,844,134.09
    Class B Monthly Unreimbursed Charge-Offs                           0.00
    Total Class B Monthly Principal                            1,939,643.03

    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        1,939,643.03

    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                                                 1,196,520.08

    Cash Collateral Account Deposits                                   0.00

    Reinvestment Income Received on Cash Collateral Account       50,266.67

    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                    87,475,698.38
                                   Percent Dollars                    6.03%
                                   Number of Accts                   32,483 
                                   Percent Number of Accts            3.08%

    31-60 days past due            Dollars                    21,137,425.48
                                   Percent Dollars                    1.46%
                                   Number of Accts                    7,386
                                   Percent Number of Accts            0.70%

    61-90 days past due            Dollars                    14,256,919.88
                                   Percent Dollars                    0.98%
                                   Number of Accts                    4,844 
                                   Percent Number of Accts            0.46%

    91-120 days past due           Dollars                    10,798,723.03
                                   Percent Dollars                    0.74%
                                   Number of Accts                    3,535
                                   Percent Number of Accts            0.33%

    121-150 days past due          Dollars                     8,461,733.47
                                   Percent Dollars                    0.58%
                                   Number of Accts                    2,678
                                   Percent Number of Accts            0.25%

    151-180 days past due          Dollars                     6,831,255.01
                                   Percent Dollars                    0.47%
                                   Number of Accts                    2,057
                                   Percent Number of Accts            0.19%

    181 + days past due            Dollars                    11,479,559.10
                                   Percent Dollars                    0.79%
                                   Number of Accts                    3,360
                                   Percent Number of Accts            0.32%

9. Base Rate Calculation

    Base Rate                                                          7.54%

    Portfolio Yield                       (net of losses)             11.31%

    Excess of Portfolio Yield over Base Rate                           3.77%

10. Number of Accounts in the Trust

    Number of Additional Accounts                                         0
    Number of Removed Accounts                                            0
    Number of Automatic Additonal Accounts                              997
    Ending Number of Accounts                                     1,055,728


              PEOPLE'S BANK CREDIT CARD MASTER TRUST SERIES 1995-1
                            MONTHLY SERVICER'S REPORT
                                                           End of Month
 
# of Months Series in Existence:                                     13
Monthly Period Ended                                     March 31, 1996
Distribution Date                                        April 15, 1996
Determination Date                                       April 10, 1996
Number of Days in Period                                             31


1.  Trust Activity Series 1995-1

    Beginning of Month - Aggregate Principal Receivables   1,497,859,278.93

    Principal Collections on the Receivables                 138,112,668.16

    Finance Charge Receivables                                21,272,323.14

    Receivables in Defaulted Accounts                          7,152,947.90

    End of Month - Aggregate Principal Receivables         1,450,383,421.33

    Investor Interest Series 1993-1                          133,333,333.33
    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                             317,050,088.00

    Total Investor Percentage with respect to...
                                   Finance Charges              27.5789142%
                                   Charged-Off Accounts         27.5789142%
                                   Principal Receivables        27.5789142% 

    Class A Percentage with respect to...
                                   Finance Charges              26.1999685%
                                   Charged-Off Accounts         26.1999685%
                                   Principal Receivables        26.1999685%

    Class B Percentage with respect to...
                                   Finance Charges               1.3789457%
                                   Charged-Off Accounts          1.3789457%
                                   Principal Receivables         1.3789457%

    Seller Percentage with respect to ...
                                   Finance Charges              21.8597430%
                                   Charged-Off Accounts         21.8597430%
                                   Principal Receivables        17.2632573%

2.  Allocation of Funds in Collection Account

    Class A Available Finance Charge Collections               5,396,690.40

    Class A Monthly Cap Interest Payable to Class A Certificateholders
    (See "Calculation of Certificate Interest" #3)             1,824,263.89
      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                            1,814,669.94
      Unreimbursed Class A Investor Charge-offs                        0.00

    Excess Spread from Class A Finance Charge Collections      1,124,423.24

    Class A Required Amount                                            0.00

    Class B Available Finance Charge Collections                 284,036.34

    Class B Monthly Cap Interest Payable to Class B Certificateholders
    (See "Calculation of Certificate Interest" #3)                98,597.22
      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                               95,508.94 
      Unreimbursed Class B Investor Charge-offs                        0.00

    Excess Spread from Class B Finance Charge Collections         56,596.84

    Class B Required Amount                                            0.00

    Total Excess Spread                                        1,181,020.08

    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 

    Class B Investor Interest used to satisfy Unreimbursed             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  1,181,020.08 

    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)                       1,166,358.97
    Remaining Excess Servicing (percentage of Investor
     Interest)                                                        3.50%

    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                           36,882,681.87

    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)               38,792,860.74

    (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                    1,824,263.89
    Total Distribution to Class A Investors per $1,000 
     Invested                                                          4.80

    Total Distribution to Class B Investors                       98,597.22
    Total Distribution to Class B Investors per $1,000 
     Invested                                                          4.93

3.  Calculation of Certificate Interest

    Class A Certificate Rate                                         5.5750%
    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                    1,824,263.89

    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                                        1,824,263.89
    Total Class A Interest Distributable per $1,000 of 
     Class A Original Investment                                       4.80

    Class B Certificate Rate                                         5.7250%
    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                       98,597.22

    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                                           98,597.22
    Total Class B Interest Distributable per $1,000 of 
     Class B Original Investment                                       4.93

    Total Certificate Interest Distributable to 
     Certificateholders                                        1,922,861.11
    Total Certificate Interest Distributable per $1,000 of
     Original Investment                                               4.81

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                   35,038,547.77
    Class A Monthly Unreimbursed Charge-Offs                           0.00
    Total Class A Monthly Principal                           36,853,217.71

    Class A Monthly Principal Reinvested in Receivables       36,853,217.71

    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                    1,844,134.09
    Class B Monthly Unreimbursed Charge-Offs                           0.00
    Total Class B Monthly Principal                            1,939,643.03

    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        1,939,643.03

    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  1,181,020.08

    Cash Collateral Account Deposits                                   0.00 

    Reinvestment Income Received on Cash Collateral Account       33,712.50

    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                  87,475,698.38
                                     Percent Dollars                  6.03%
                                     Number of Accts                 32,483
                                     Percent Number of Accts          3.08%

    31-60 days past due              Dollars                  21,137,425.48
                                     Percent Dollars                  1.46%
                                     Number of Accts                  7,386
                                     Percent Number of Accts          0.70%

    61-90 days past due              Dollars                  14,256,919.88
                                     Percent Dollars                  0.98%
                                     Number of Accts                  4,844
                                     Percent Number of Accts          0.46%

    91-120 days past due             Dollars                  10,798,723.03
                                     Percent Dollars                  0.74%
                                     Number of Accts                  3,535
                                     Percent Number of Accts          0.33%

    121-150 days past due            Dollars                   8,461,733.47
                                     Percent Dollars                  0.58%
                                     Number of Accts                  2,678
                                     Percent Number of Accts          0.25%

    151-180 days past due            Dollars                   6,831,255.01
                                     Percent Dollars                  0.47%
                                     Number of Accts                  2,057
                                     Percent Number of                0.19%

    181 + days past due              Dollars                  11,479,559.10
                                     Percent Dollars                  0.79%
                                     Number of Accts                  3,360
                                     Percent Number of                0.32%

9. Base Rate Calculation

   Base Rate                                                          7.58%

   Portfolio Yield                       (net of losses)             11.31%

   Excess of Portfolio Yield over Base Rate                           3.73%

10. Number of Accounts in the Trust

    Number of Additional Accounts                                         0
    Number of Removed Accounts                                            0
    Number of Automatic Additonal Accounts                              997
    Ending Number of Accounts                                     1,055,728