Press Release

DBRS Assigns Final Ratings to 1st Financial Credit Card Master Note Trust II, Series 2010-A and Series 2010-B

Consumer Loans & Credit Cards
April 23, 2010

DBRS has today assigned final ratings to the following notes issued by 1st Financial Credit Card Master Note Trust II

– Series 2010-A ,Class A Notes rated AAA
– Series 2010-A ,Class B Notes rated AA (high)
– Series 2010-A ,Class C Notes rated A (high)
– Series 2010-A ,Class D Notes rated BBB (high)
– Series 2010-B ,Class A Notes rated AAA
– Series 2010-B ,Class B Notes rated AA (high)
– Series 2010-B ,Class C Notes rated A (high)
– Series 2010-B ,Class D Notes rated BBB (high)

Note:
All figures are in U.S. dollars unless otherwise noted.

The applicable methodology is Rating U.S. Credit Card Securitizations, which can be found on our website under Methodologies.

This is a Structured Finance Rating.

The full report providing additional analytical detail is available by clicking on the link below or by contacting us at info@dbrs.com.

ALL MORNINGSTAR DBRS RATINGS ARE SUBJECT TO DISCLAIMERS AND CERTAIN LIMITATIONS. PLEASE READ THESE DISCLAIMERS AND LIMITATIONS AND ADDITIONAL INFORMATION REGARDING MORNINGSTAR DBRS RATINGS, INCLUDING DEFINITIONS, POLICIES, RATING SCALES AND METHODOLOGIES.