PEOPLE'S BANK CREDIT CARD MASTER TRUST SERIES 1993-1
                            MONTHLY SERVICER'S REPORT
                                                           End of Month
 
# of Months Series in Existence:                                     33
Monthly Period Ended                                  February 29, 1996
Distribution Date                                        March 15, 1996
Determination Date                                       March  8, 1996


1.Trust Activity Series 1993-1

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

   Principal Collections on the Receivables                    128,346,876.60

   Finance Charge Receivables                                   21,808,298.50

   Receivables in Defaulted Accounts                             6,995,601.87

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

   Investor Interest Series 1993-1                             150,000,000.00
   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                                347,859,278.93

   Investor Percentage with respect to...
      Finance Charges                                             10.0142919%
      Charged-Off Accounts                                        10.0142919%
      Principal Receivables                                       13.3523892%

   Seller Percentage with respect to ...
      Finance Charges                                             23.2237623%
      Charged-Off Accounts                                        23.2237623%
      Principal Receivables                                       19.8856650%

2. Allocation of Funds in Collection Account

   Available Finance Charge Collections                          2,376,100.40

   Available Principal Collections                              16,780,679.99

   Investor Default Amount                                         762,198.50

   Aggregate Collections Allocated to Certificateholders        19,156,780.40

   Monthly Certificate Interest Payable to Certificateholders
   (See "Calculation of Certificate Interest" #3)                  666,666.67

   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)                     876,211.83

   (Net Deposit)/Draws on Shared Principal Collections                   0.00

   Collections Available to Reimburse Investor Charge offs         656,436.62

   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)                 277,777.78

   Monthly Certificate Insurer Fee                                  13,020.83

   Excess Servicing  (Shortfall) (dollars)                         656,436.62
   Excess Servicing  (Shortfall) (percentage of Investor 
                                   Interest)                            4.73%

   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                              17,333,333.34
   Total Distribution to Investors per $1,000 Invested                  86.67

3.  Calculation of Certificate Interest

   Certificate Rate                                                     4.80%

   This Month Certificate Interest                                 666,666.67

   Previous Month's Deficiency Amount                                    0.00

   Total Certificate Interest Distributable to 
    Certificateholders                                             666,666.67  
   Total Certificate Interest Distributable per $1,000 of
    Original Investment                                                  3.33

4. Calculation of Monthly Principal

   Beginning Investor Interest                                 166,666,666.67

   Available Principal Collections                              16,780,679.99

   Investor Default Amount                                         762,198.50

   Total Investor Monthly Principal                             17,542,878.49

   Investor Monthly Principal Reinvested in Receivables            876,211.83

   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                                    150,000,000.00

5. Calculation of Pool Factor

   Pool Factor
   (Ending Certificate Balance divided by Initial Principal
     Amount to 7 decimal places)                                    0.7500000

6. Calculation of Monthly Servicing Fee

   Series Servicing Fee Percentage                                      2.00%

   Beginning Investor Interest                                 166,666,666.67

     Monthly Servicing Fee                                         277,777.78

7. Calculation of Remaining Surety Bond Amount

   Available Surety Bond Amount on Previous Payment Date        16,500,000.00

   Stated Surety Bond Amount                                    15,000,000.00

   Unreimbursed Claims on Surety Bond                                    0.00

   Reimbursements of Claims on Surety Bond                               0.00

   Available Surety Bond Amount     (Dollars)                   15,000,000.00
   Available Surety Bond Amount     (Percentage)                        9.00%

8. Cash Collateral Account Activity

   Beginning of Month Balance                                    6,416,666.67

   Required Cash Collateral Account Amount                       5,833,333.33

   Cash Collateral Account Deposits                                      0.00
 
   Reinvestment Income Received on Cash Collateral Account          26,491.03

   Aggregate Cash Collateral Account Draws                               0.00

   Available Cash Collateral Amount     (Dollars)                5,833,333.33
   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                       91,831,494.93
                                  Percent Dollars                       6.13%
                                  Number of Accts                      32,991
                                  Percent Number of Accts               3.13%

   31-60 days past due            Dollars                       22,358,774.81
                                  Percent Dollars                       1.49%
                                  Number of Accts                       8,271
                                  Percent Number of Accts               0.78%

   61-90 days past due            Dollars                       14,034,643.63
                                  Percent Dollars                       0.94%
                                  Number of Accts                       4,905
                                  Percent Number of Accts               0.47%

   91-120 days past due           Dollars                       10,543,705.15
                                  Percent Dollars                       0.70%
                                  Number of Accts                       3,528
                                  Percent Number of Accts               0.33%

   121-150 days past due          Dollars                        8,200,578.32
                                  Percent Dollars                       0.55%
                                  Number of Accts                       2,580
                                  Percent Number of Accts               0.24%

   151-180 days past due          Dollars                        7,278,019.05
                                  Percent Dollars                       0.49%
                                  Number of Accts                       2,205
                                  Percent Number of Accts               0.21%

   181 + days past due            Dollars                       11,537,281.15
                                  Percent Dollars                       0.77%
                                  Number of Accts                       3,441
                                  Percent Number of Accts               0.33%
10. Base Rate Calculation

    Base Rate                                                           6.90%

    Portfolio Yield                       (net of losses)              11.62%

    Excess of Portfolio Yield over Base Rate                            4.72%

11. Number of Accounts in the Trust

    Number of Additional Accounts                                           0
    Number of Removed Accounts                                              0
    Number of Automatic Additonal Accounts                              1,793
    Ending Number of Accounts                                       1,054,515

              PEOPLE'S BANK CREDIT CARD MASTER TRUST SERIES 1994-1
                            MONTHLY SERVICER'S REPORT
                                                           End of Month
 
# of Months Series in Existence:                                     25
Monthly Period Ended                                  February 29, 1996
Distribution Date                                        March 15, 1996
Determination Date                                       March  8, 1996


1. Trust Activity Series 1994-1

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

   Principal Collections on the Receivables                    128,346,876.60

   Finance Charge Receivables                                   21,808,298.50

   Receivables in Defaulted Accounts                             6,995,601.87

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

   Investor Interest Series 1993-1                             150,000,000.00
   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                                347,859,278.93

   Investor Percentage with respect to...
     Finance Charges                                              13.3523892%
     Charged-Off Accounts                                         13.3523892%
     Principal Receivables                                        13.3523892%

   Seller Percentage with respect to ...
     Finance Charges                                              23.2237623%
     Charged-Off Accounts                                         23.2237623%
   Principal Receivables                                          19.8856650%
  
2. Allocation of Funds in Collection Account

   Available Finance Charge Collections                          2,851,320.48

   Available Principal Collections                              16,780,679.99

   Investor Default Amount                                         914,638.20

   Aggregate Collections Allocated to Certificateholders        19,632,000.48

   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)                  17,695,318.19

   (Net Deposit)/Draws on Shared Principal Collections                   0.00

   Collections Available to Reimburse Investor Charge offs         737,723.95

   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)                          737,723.95
   Excess Servicing (Shortfall) (percentage of Investor Interest        4.43% 

   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                              16,780,679.99

   Investor Default Amount                                         914,638.20

   Total Investor Monthly Principal                             17,695,318.19

   Investor Monthly Principal Reinvested in Receivables         17,695,318.19

   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          28,899.31

   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                       91,831,494.93
                                  Percent Dollars                       6.13%
                                  Number of Accts                      32,991
                                  Percent Number of Accts               3.13%

   31-60 days past due            Dollars                       22,358,774.81
                                  Percent Dollars                       1.49%
                                  Number of Accts                       8,271
                                  Percent Number of Accts               0.78%

   61-90 days past due            Dollars                       14,034,643.63
                                  Percent Dollars                       0.94%
                                  Number of Accts                       4,905
                                  Percent Number of Accts               0.47%

   91-120 days past due           Dollars                       10,543,705.15
                                  Percent Dollars                       0.70%
                                  Number of Accts                       3,528
                                  Percent Number of Accts               0.33%

   121-150 days past due          Dollars                        8,200,578.32
                                  Percent Dollars                       0.55%
                                  Number of Accts                       2,580
                                  Percent Number of Accts               0.24%

   151-180 days past due          Dollars                        7,278,019.05
                                  Percent Dollars                       0.49%
                                  Number of Accts                       2,205
                                  Percent Number of Accts               0.21%

   181 + days past due            Dollars                       11,537,281.15
                                  Percent Dollars                       0.77%
                                  Number of Accts                       3,441
                                  Percent Number of Accts               0.33%
10. Base Rate Calculation

    Base Rate                                                           7.20%

    Portfolio Yield                       (net of losses)              11.62%

    Excess of Portfolio Yield over Base Rate                            4.42%

11. Number of Accounts in the Trust

    Number of Additional Accounts                                           0
    Number of Removed Accounts                                              0
    Number of Automatic Additonal Accounts                              1,793
    Ending Number of Accounts                                       1,054,515

              PEOPLE'S BANK CREDIT CARD MASTER TRUST SERIES 1994-2
                            MONTHLY SERVICER'S REPORT
                                                           End of Month
 
# of Months Series in Existence:                                      17
Monthly Period Ended                                   February 29, 1996
Distribution Date                                         March 15, 1996
Determination Date                                        March  8, 1996
Number of Days in Period                                              29


1. Trust Activity Series 1994-2

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

   Principal Collections on the Receivables                    128,346,876.60
   Finance Charge Receivables                                   21,808,298.50

   Receivables in Defaulted Accounts                             6,995,601.87

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

   Investor Interest Series 1993-1                             150,000,000.00
   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                                347,859,278.93

   Total Investor Percentage with respect to...
                             Finance Charges                      26.7047783%
                             Charged-Off Accounts                 26.7047783%
                             Principal Receivables                26.7047783%  

   Class A Percentage with respect to...
                             Finance Charges                      25.3695394%
                             Charged-Off Accounts                 25.3695394%
                             Principal Receivables                25.3695394%

   Class B Percentage with respect to...
                             Finance Charges                       1.3352389%
                             Charged-Off Accounts                  1.3352389%
                             Principal Receivables                 1.3352389%

   Seller Percentage with respect to ...
                             Finance Charges                      23.2237623%
                             Charged-Off Accounts                 23.2237623%
                             Principal Receivables                19.8856650%

2. Allocation of Funds in Collection Account

   Class A Available Finance Charge Collections                  5,417,508.92

   Class A Monthly Cap Interest Payable to Class A Certificateholders
   (See "Calculation of Certificate Interest" #3)                1,672,131.94
     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                               1,737,812.58  
     Unreimbursed Class A Investor Charge-offs                           0.00

   Excess Spread from Class A Finance Charge Collections         1,374,231.06

   Class A Required Amount                                               0.00

   Class B Available Finance Charge Collections                    285,132.05

   Class B Monthly Cap Interest Payable to Class B Certificateholders
   (See "Calculation of Certificate Interest" #3)                   92,034.72
     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                                  91,463.82
     Unreimbursed Class B Investor Charge-offs                           0.00

   Excess Spread from Class B Finance Charge Collections            68,300.17

   Class B Required Amount                                               0.00

   Total Excess Spread                                           1,442,531.23

   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
      Investment 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 
    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     1,442,531.23

   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)              1,427,064.57
   Remaining Excess Servicing (Shortfall) (percentage of 
    Investor Interest)                                                  4.28% 

   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                              33,561,359.98

   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)                  35,390,636.39

   (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                       1,672,131.94
   Total Distribution to Class A Investors per $1,000 Invested           4.40

   Total Distribution to Class B Investors                          92,034.72
   Total Distribution to Class B Investors per $1,000 Invested           4.60

3. Calculation of Certificate Interest

   Class A Certificate Rate                                           5.4625%
   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                      1,672,131.94

   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                                           1,672,131.94
   Total Class A Interest Distributable per $1,000 of Class A
    Original Investment                                                  4.40

   Class B Certificate Rate                                           5.7125%
   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                          92,034.72
 
   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                                              92,034.72
   Total Class B Interest Distributable per $1,000 of Class B
    Original Investment                                                  4.60

   Total Certificate Interest Distributable to 
    Certificateholders                                           1,764,166.66

  Total Certificate Interest Distributable per $1,000 of
    Original Investment                                                 4.41

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                      31,883,291.99
   Class A Monthly Unreimbursed Charge-Offs                              0.00
   Total Class A Monthly Principal                              33,621,104.57

   Class A Monthly Principal Reinvested in Receivables          33,621,104.57

   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                       1,678,068.00
   Class B Monthly Unreimbursed Charge-Offs                              0.00
   Total Class B Monthly Principal                               1,769,531.82

   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           1,769,531.82   

   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 Principa          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      1,442,531.23

   Cash Collateral Account Deposits                                      0.00

   Reinvestment Income Received on Cash Collateral Account          49,662.50

   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                            91,831,494.93
                             Percent Dollars                            6.13%
                             Number of Accts                           32,991
                             Percent Number of Acct                     3.13%

   31-60 days past due       Dollars                            22,358,774.81
                             Percent Dollars                            1.49%
                             Number of Accts                            8,271
                             Percent Number of Accts                    0.78%

   61-90 days past due       Dollars                            14,034,643.63
                             Percent Dollars                            0.94%
                             Number of Accts                            4,905
                             Percent Number of Accts                    0.47%

   91-120 days past due      Dollars                            10,543,705.15
                             Percent Dollars                            0.70%
                             Number of Accts                            3,528
                             Percent Number of Accts                    0.33%

   121-150 days past due     Dollars                             8,200,578.32
                             Percent Dollars                            0.55%
                             Number of Accts                            2,580
                             Percent Number of Accts                    0.24%

   151-180 days past due     Dollars                             7,278,019.05
                             Percent Dollars                            0.49%
                             Number of Accts                            2,205
                             Percent Number of Accts                    0.21%

   181 + days past due       Dollars                            11,537,281.15
                             Percent Dollars                            0.77%
                             Number of Accts                            3,441
                             Percent Number of Accts                    0.33%

9. Base Rate Calculation

   Base Rate                                                            7.48%

   Portfolio Yield                       (net of losses)               11.62%

   Excess of Portfolio Yield over Base Rate                             4.15%

10. Number of Accounts in the Trust

    Number of Additional Accounts                                           0
    Number of Removed Accounts                                              0
    Number of Automatic Additonal Accounts                              1,793
    Ending Number of Accounts                                       1,054,515

              PEOPLE'S BANK CREDIT CARD MASTER TRUST SERIES 1995-1
                            MONTHLY SERVICER'S REPORT
                                                           End of Month
 
# of Months Series in Existence:                                      12
Monthly Period Ended                                   February 29, 1996
Distribution Date                                         March 15, 1996
Determination Date                                        March  8, 1996
Number of Days in Period                                              29


1. Trust Activity Series 1995-1

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

   Principal Collections on the Receivables                    128,346,876.60

   Finance Charge Receivables                                   21,808,298.50

   Receivables in Defaulted Accounts                             6,995,601.87

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

   Investor Interest Series 1993-1                             150,000,000.00
   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                                347,859,278.93

   Total Investor Percentage with respect to...
                             Finance Charges                      26.7047783%
                             Charged-Off Accounts                 26.7047783%
                             Principal Receivables                26.7047783% 

   Class A Percentage with respect to...
                             Finance Charges                      25.3695394%
                             Charged-Off Accounts                 25.3695394%
                             Principal Receivables                25.3695394%

   Class B Percentage with respect to...
                             Finance Charges                       1.3352389%
                             Charged-Off Accounts                  1.3352389%
                             Principal Receivables                 1.3352389%
 
   Seller Percentage with respect to ...
                             Finance Charges                      23.2237623%
                             Charged-Off Accounts                 23.2237623%
                             Principal Receivables                19.8856650%

2. Allocation of Funds in Collection Account

   Class A Available Finance Charge Collections                  5,417,508.92

   Class A Monthly Cap Interest Payable to Class A Certificateholders
   (See "Calculation of Certificate Interest" #3)                1,687,437.50
     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                               1,737,812.58 
     Unreimbursed Class A Investor Charge-offs                           0.00

   Excess Spread from Class A Finance Charge Collections         1,358,925.50

   Class A Required Amount                                               0.00

   Class B Available Finance Charge Collections                    285,132.05  

   Class B Monthly Cap Interest Payable to Class B Certificateholders
   (See "Calculation of Certificate Interest" #3)                   91,229.17
     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                                  91,463.82
     Unreimbursed Class B Investor Charge-offs                           0.00

   Excess Spread from Class B Finance Charge Collections            69,105.73

   Class B Required Amount                                               0.00

   Total Excess Spread                                           1,428,031.23

   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  
    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     1,428,031.23  

   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)                          1,413,370.12
   Remaining Excess Servicing (percentage of Investor Interest)         4.24%

   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                              33,561,359.98

   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)                  35,390,636.39

   (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                       1,687,437.50
   Total Distribution to Class A Investors per $1,000 Invested           4.44

   Total Distribution to Class B Investors                          91,229.17
   Total Distribution to Class B Investors per $1,000 Invested           4.56

3. Calculation of Certificate Interest

   Class A Certificate Rate                                           5.5125%
   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                       1,687,437.50

   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                                           1,687,437.50
   Total Class A Interest Distributable per $1,000 of Class A
    Original Investment                                                  4.44

   Class B Certificate Rate                                           5.6625%
   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                          91,229.17

   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                                              91,229.17
   Total Class B Interest Distributable per $1,000 of Class B
    Original Investment                                                  4.56

   Total Certificate Interest Distributable to 
    Certificateholders                                           1,778,666.67
   Total Certificate Interest Distributable per $1,000 of 
    Original Investment                                                  4.45

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                      31,883,291.99
   Class A Monthly Unreimbursed Charge-Offs                              0.00
   Total Class A Monthly Principal                              33,621,104.57

   Class A Monthly Principal Reinvested in Receivables          33,621,104.57  

   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                       1,678,068.00
   Class B Monthly Unreimbursed Charge-Offs                              0.00
   Total Class B Monthly Principal                               1,769,531.82

   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           1,769,531.82

   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     1,428,031.23  

   Cash Collateral Account Deposits                                      0.00  

   Reinvestment Income Received on Cash Collateral Account          33,027.78

   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                       91,831,494.93
                                  Percent Dollars                       6.13%
                                  Number of Accts                      32,991
                                  Percent Number of Accts               3.13%

   31-60 days past due            Dollars                       22,358,774.81
                                  Percent Dollars                       1.49%
                                  Number of Accts                       8,271
                                  Percent Number of Accts               0.78%

   61-90 days past due            Dollars                       14,034,643.63
                                  Percent Dollars                       0.94%
                                  Number of Accts                       4,905
                                  Percent Number of Accts               0.47%

   91-120 days past due           Dollars                       10,543,705.15
                                  Percent Dollars                       0.70%
                                  Number of Accts                       3,528
                                  Percent Number of Accts               0.33%

   121-150 days past due          Dollars                        8,200,578.32
                                  Percent Dollars                       0.55%
                                  Number of Accts                       2,580
                                  Percent Number of Accts               0.24%

   151-180 days past due          Dollars                        7,278,019.05
                                  Percent Dollars                       0.49%
                                  Number of Accts                       2,205
                                  Percent Number of Accts               0.21%
 
   181 + days past due            Dollars                       11,537,281.15
                                  Percent Dollars                       0.77%
                                  Number of Accts                       3,441
                                  Percent Number of Accts               0.33%

9. Base Rate Calculation

   Base Rate                                                            7.52%

   Portfolio Yield                       (net of losses)               11.62%

   Excess of Portfolio Yield over Base Rate                             4.10%

10. Number of Accounts in the Trust

    Number of Additional Accounts                                           0
    Number of Removed Accounts                                              0
    Number of Automatic Additonal Accounts                              1,793
    Ending Number of Accounts                                       1,054,515