EX-20.(E) 6 ex20-e.txt MONTHLY CERTIFICATEHOLDERS'STATEMENT SERIES 1995-3 1 EXHIBIT (E) MONTHLY CERTIFICATEHOLDERS' STATEMENT Discover Card Master Trust I Series 1995-3 Monthly Statement Class A Certificate CUSIP #25466KAS8 Class B Certificate CUSIP #25466KAT6 Distribution Date: August 15, 2000 Month Ending: July 31, 2000 Pursuant to the Series Supplement dated as of September 28, 1995 relating to the Pooling and Servicing Agreement dated as of October 1, 1993 by and between Discover Bank (formerly Greenwood Trust Company) and U.S. Bank National Association, as Trustee, as amended, the Trustee is required to prepare certain information each month regarding current distributions to investors and the performances of the Trust. We have set forth below this information for the Distribution Date listed above, as well as for the calendar month ended on the date listed above.
1. Payments for the benefit of investors in Series 1995-3 on this Distribution Date -------------------------------------------------------------------------------- (per $1000 of Class Initial Investor Interest) --------------------------------------------- Series 1995-3 Total Interest Principal Class A 29 days at 6.836250000% $5.506979167 $5.506979167 $0.000000000 Class B 29 days at 6.956250000% $5.603645833 $5.603645833 $0.000000000
2. Principal Receivables at the end of July, 2000 ---------------------------------------------- (a) Aggregate Investor Interest $25,063,374,763.53 Seller Interest $8,342,390,560.59 Total Master Trust $33,405,765,324.12 (b) Group One Investor Interest $25,063,374,763.53 (c) Series 1995-3 Investor Interest $526,316,000.00 (d) Class A Investor Interest $500,000,000.00 Class B Investor Interest $26,316,000.00
3. Allocation of Receivables Collected During July, 2000 ----------------------------------------------------- Finance Charge Principal Yield Collections / Collections Collections Additional Funds (a) Allocation of Collections between Investors and Seller Aggregate Investor Allocation $402,307,634.91 $3,815,304,353.55 $0.00 Seller Allocation $124,576,479.99 $1,181,427,211.14 $0.00 (b) Group One Allocation $402,307,634.91 $3,815,304,353.55 $0.00 (c) Series 1995-3 Allocations $8,278,930.11 $78,513,643.08 $0.00 (d) Class A Allocations $7,864,799.19 $74,586,212.07 $0.00 Class B Allocations $414,130.92 $3,927,431.01 $0.00
2 (e) Principal Collections as a monthly percentage of Master Trust Receivables at the beginning of July, 2000 14.69% (f) Finance Charge Collections as a monthly percentage of Master Trust Receivables at the beginning of July, 2000 1.55% (g) Total Collections as a monthly percentage of Master Trust Receivables at the beginning of July, 2000 16.24%
4. Information Concerning the Series Principal Funding Accounts ("SPFA") -------------------------------------------------------------------- Deposits into the Deficit Amount SPFAs on this on this SPFA Investment Distribution Date Distribution Date Balance Income Series 1995-3 $0.00 0.00 $0.00 $0.00
5. Information Concerning Amount of Controlled Liquidation Payments ---------------------------------------------------------------- Total Payments Amount Paid on this Deficit Amount through this Distribution Dateon this Distribution DateDistribution Date Series 1995-3 $0.00 $0.00 $0.00
6. Information Concerning the Series Interest Funding Accounts ("SIFA") ------------------------------------------------------------------- Deposits into the SIFA on this Distribution Date SIFA Balance Series 1995-3 $2,900,955.12 $0.00
7. Pool Factors for July, 2000 --------------------------- Class A 1.00000000 Class B 1.00000000
8. Investor Charged-Off Amount --------------------------- Cumulative Investor July, 2000 Charged-Off Amount (a) Group One $115,988,146.83 $0.00 (b) Series 1995-3 $2,386,874.31 $0.00 (c) Class A $2,267,477.43 $0.00 Class B $119,396.88 $0.00 (d) As an annualized percentage of Principal Receivables at the beginning of July, 2000 5.44% N/A
3
9. Investor Losses for July, 2000 ------------------------------ Per $1,000 of Initial Total Series Investor Interest (a) Group One $0.00 $0.00 (b) Series 1995-3 $0.00 $0.00 (c) Class A $0.00 $0.00 Class B $0.00 $0.00
10. Reimbursement of Investor Losses for July, 2000 Per $1,000 of Initial Total Series Investor Interest (a) Group One $0.00 $0.00 (b) Series 1995-3 $0.00 $0.00 (c) Class A $0.00 $0.00 Class B $0.00 $0.00
11. Aggregate Amount of Unreimbursed Investor Losses for July, 2000 --------------------------------------------------------------- Per $1,000 of Initial Total Series Investor Interest (a) Group One $0.00 $0.00 (b) Series 1995-3 $0.00 $0.00 (c) Class A $0.00 $0.00 Class B $0.00 $0.00
12. Investor Monthly Servicing Fee payable on this Distribution Date ---------------------------------------------------------------- (a) Group One $42,626,738.99 (b) Series 1995-3 $877,193.33 (c) Class A $833,333.33 Class B $43,860.00
13. Class Available Subordinated Amount at the end of the Distribution Date ----------------------------------------------------------------------- As a percentage of Total Class A Invested Amount Series 1995-3 Class B $57,894,760.00 11.5790%
4
14. Total Available Credit Enhancement Amounts ------------------------------------------ Shared Amount Class B Amount (a) Maximum Amount on this Distribution Date $0.00 $31,578,960.00 (b) Available Amount on this Distribution Date $0.00 $31,578,960.00 (c) Amount of Drawings on Credit Enhancement on this Distribution Date $0.00 $0.00 (d) Credit Enhancement Fee on this Distribution Date $14,925.28
15. Delinquency Summary ------------------- Master Trust Receivables Outstanding at the end of July, 2000 $33,898,489,197.94 Delinquent Amount Percentage of Ending Payment Status Ending Balance Receivables Outstanding 30-59 days $726,393,394.93 2.14% 60-179 days $1,281,426,106.65 3.78%
16. Excess Spread Percentages on this Distribution Date (1) --------------------------------------------------- (a) Group One (2) 5.14% (b) Series 1995-3 (3) 4.79%
17. Net Charge-Offs on this Distribution Date (4) ----------------------------------------- Charge-offs net of recoveries as an annualized percentage of Principal Receivables at the beginning of July, 2000 4.90%
U.S. BANK NATIONAL ASSOCIATION as Trustee BY: ------------------------------- Vice President -------------------------------------------------- (1) For series in Group One, investors should refer only to the higher of the Group Excess Spread Percentage (Item 16(a)) and the Series Excess Spread Percentage (Item 16(c)) in assessing the current performance of the Trust and the Receivables. (2) Group Excess Spread is the sum of the Series Excess Spreads (as described below) for each series in the Group. The Group Excess Spread Percentage is equal to the Group Excess Spread, multiplied by twelve, divided by the Series Investor Interests for each series in the Group. (3) Series Excess Spread is the difference between (a) the sum of Finance Charge Collections, Yield Collections, Additional Funds and Investment Income for any Class of this Series (see Item 3(e)), and (b) the sum of (i) the monthly interest for each Class of this Series (see Item 1), (ii) the monthly servicing fee for each Class of this Series (see Item 12(d)), (iii) the Investor Charge-Off Amount (see Item 8(c)), and (iv) the Credit Enhancement Fee (see Item 14(d)), in each case for this Distribution Date. The Series Excess Spread Percentage is equal to the Series Excess Spread, multiplied by twelve, divided by the Series Investor Interest for this Series. (4) For purposes of allocations to investors, recoveries are treated as Finance Charge Collections and are included as such in Item 3 above. 5 MASTER SERVICER'S CERTIFICATE STATEMENT Discover Card Master Trust I Series 1995-3 Monthly Statement CREDIT CARD PASS-THROUGH CERTIFICATES The undersigned, a duly authorized representative of Discover Bank (formerly Greenwood Trust Company), as Master Servicer pursuant to the Pooling & Servicing Agreement dated as of October 1, 1993, as amended (the "Pooling & Servicing Agreement") and the Series Supplement, dated as of September 28, 1995 (the "Series Supplement") by and between Discover Bank and U.S. Bank National Association, as Trustee, does hereby certify as follows with respect to the Seies Supplement for the Discover Card Master Trust I, Series 1995-3 Master Trust Certificates for the Distribution Date occurring on August 15, 2000: 1. Discover Bank (formerly Greenwood Trust Company) is Master Servicer under the Pooling and Servicing Agreement. 2. The undersigned is a Servicing Officer of Discover Bank as Master Servicer. 3. The aggregate amount of Collections processed during July, 2000 is equal to $5,523,615,679.59 4. The aggregate amount of Class A Principal Collections processed during July, 2000 is equal to $74,586,212.07 5. The aggregate amount of Class A Finance Charge Collections processed during July, 2000 is equal to $7,864,799.19 6a. The aggregate amount of Class A Principal Collections recharacterized as Series Yield Collections during July, 2000 is equal to $0.00 6b. The aggregate amount of Class A Additional Funds for this Distribution date is equal to $0.00 7. The amount of drawings under the Credit Enhancement required to be made on the related Drawing Date pursuant to the Series Supplement: (a) with respect to the Class A Required Amount Shortfall $0.00 is equal to (b) with respect to the Class A Cumulative Investor Charged-Off $0.00 Amount is equal to (c) with respect to the Class A Investor Interest is equal to $0.00 8. The sum of all amounts payable to the Class A Certificateholders on the current Distribution Date is equal to $2,753,489.58
6 9. The aggregate amount of Class B Principal Collections processed during July, 2000 is equal to $3,927,431.01 10. The aggregate amount of Class B Finance Charge Collections processed during July, 2000 is equal to $414,130.92 11a. The aggregate amount of Class B Principal Collections recharacterized as Series Yield Collections during July, 2000 is equal to $0.00 11b. The aggregate amount of Class B Additional Funds for this Distribution date is equal to $0.00 12. The amount of drawings under the Credit Enhancement required to be made on the related Drawing Date pursuant to the Series Supplement: (a) with respect to the Class B Required Amount Shortfall $0.00 is equal to (b) with respect to the Class B Cumulative Investor Charged-Off $0.00 Amount is equal to (c) with respect to the Class B Investor Interest is equal to $0.00 13. The sum of all amounts payable to the Class B Certificateholders on the current Distribution Date is equal to $147,465.54 14. Attached hereto is a true copy of the statement required to be delivered by the Master Servicer on the date of this Certificate to the Trustee pursuant to Section 16 of the Series Supplement.
IN WITNESS WHEREOF, the undersigned has duly executed and delivered certificate this 15th day of August, 2000. Series 1995-3 DISCOVER BANK as Master Servicer By: ------------------------------------- Assistant Vice President and Assistant Treasurer