Summary
This 8-K filing from Bank of America Corporation (BAC), filed on April 30, 2001, pertains to NationsCredit Grantor Trust 1996-1. The primary purpose of this report is to file the Certificateholders Statements related to the collection period ending March 31, 2001. While the filing is made on behalf of the trust, investors in BAC should note that this document is primarily administrative and relates to specific securitized assets rather than direct operational or financial results of Bank of America itself. For investors looking at BAC's broader financial health, this 8-K is less critical than earnings releases or other strategic announcements. It signifies ongoing activity and reporting for a particular trust structure. The referenced pooling and servicing agreement, dated January 31, 1996, outlines the terms governing these assets, and any updates or significant events within this trust structure would be detailed in subsequent filings or disclosures if they had a material impact on BAC.
Key Highlights
- 1Filing Date: April 29, 2001 (Event Date: April 11, 2001)
- 2Registrant: NationsCredit Grantor Trust 1996-1
- 3Purpose: Filing of Certificateholders Statements for the collection period ending March 31, 2001.
- 4Underlying Agreement: References a Pooling and Servicing Agreement dated January 31, 1996.
- 5Exhibit Filed: Exhibit 19.1 - Certificateholders Statements.
- 6Signatory: Kevin Church, Vice President of NationsCredit Commercial Corporation of America, as Servicer.