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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) September 30, 2000
First Union Direct Bank, N.A.
(Successor to the First Union National Bank of Georgia as Originator
of the First Union Master Credit Card Trust)
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(Exact name of registrant as specified in its charter)
on behalf of
First Union Master Credit Card Trust
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United States 33-98546-01 56-2017017
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(State or Other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer
Identification Number)
600 Broad Street
Augusta, Georgia 30903
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(Address of Principal Executive Office) (Zip Code)
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Registrant's telephone number, including area code (706) 823-2580
N/A
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(Former Name or Former Address, if Changed Since Last Report)
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INFORMATION TO BE INCLUDED IN THE REPORT
Item 1. Not Applicable.
Item 2. Not Applicable.
Item 3. Not Applicable.
Item 4. Not Applicable.
Item 5. On September 30, 2000 First Union Direct Bank (the "Bank"),
as Transferor and Servicer of the First Union Master
Credit Card Trust, entered into a Transfer and Assumption
Agreement, dated as of September 30, 2000 (the "Transfer and
Assumption Agreement") by and among First Union Direct Bank,
National Association (as successor to First Union National
Bank of Georgia), as Transferor and Servicer, The Bank of New
York, as Trustee and MBNA America Bank, National Association
("MBNA"), as successor Transferor and Servicer pursuant to the
Pooling and Servicing Agreement, dated as of September 29,
1995 (the "Pooling and Servicing Agreement"). Pursuant to the
Transfer and Assumption Agreement MBNA has assume all
obligations of the Bank, as Transferor and Servicer, for the
First Union Master Credit Card Trust under the Pooling and
Servicing Agreement. The Bank has been relieved of all its
obligations as Transferor and Servicer under the Pooling and
Servicing Agreement.
Item 6. Not Applicable.
Item 7. Exhibits.
The following are filed as Exhibits to this Report under Exhibits 10.1.
Exhibit 10.1 Transfer and Assumption Agreement, dated as of
September 30, 2000.
Item 8. Not Applicable.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, as amended, the registrant has duly caused this report to be signed on
their behalf by the undersigned hereunto duly authorized.
FIRST UNION DIRECT BANK, N.A.,
on behalf of the First Union
Master Credit Card Trust
By: /s/ James H. Gilbraith II
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Name: James H. Gilbraith II
Title: Managing Director
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EXHIBIT INDEX
Exhibit Description
Exhibit 10.1 Transfer and Assumption Agreement, dated as of
September 30, 2000.
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