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Fitch Issues Report On Chevy Chase 2000-1

30 August 2000

Fitch Issues Report On Chevy Chase 2000-1

    NEW YORK--Aug. 29, 2000--Fitch has issued a report on Chevy Chase Auto Receivables Trust 2000-1. The 2000-1 transaction is backed by a pool of auto loans, 98.5% of which were purchased by Chevy Chase Bank, F.S.B. from automobile dealers under the bank's financing program, and features an innovative principal parity payment mechanism.
    A copy of the report is available on Fitch's web site at www.fitchratings.com or by contacting Market Services at 800/853-4824.
    Fitch is an international rating agency that provides global capital market investors with the highest quality ratings and research. Dual headquartered in New York and London with a major office in Chicago, Fitch rates entities in 75 countries and has some 1,100 employees in more than 40 local offices worldwide. The agency, which is a combination of Fitch IBCA and Duff & Phelps Credit Rating Co., provides ratings for Financial Institutions, Insurance, Corporates, Structured Finance, Sovereigns and Public Finance Markets worldwide.