FNANB CREDIT CARD MASTER TRUST
8-K, 2000-11-15
ASSET-BACKED SECURITIES
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                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    FORM 8-K

                     Pursuant to Section 13 or 15(d) of the

                         Securities Exchange Act of 1934

                       Date of Report: November 15, 2000

                         FNANB CREDIT CARD MASTER TRUST

             (Exact name of registrant as specified in its charter)


 United States                  333-32591                      58-1897792
 -------------                  ---------                      ----------
(State or other                (Commission                    (IRS Employer
 jurisdiction                   File No.)                  Identification No.)
of incorporation)

              225 Chastain Meadows Court, Kennesaw, Georgia     30144
              ---------------------------------------------    ------
               (Address of principal executive offices)      (Zip Code)

      Registrant's telephone number, including area code: 770-423-7900


Item 5               Other Events.
                     -------------

                     The registrant distributed the Certificateholders Statement
                     for  the  month  of  October  2000  to  the  Series  1997-2
                     Certificateholders on November 15, 2000.

                     The registrant distributed the Certificateholders Statement
                     for  the  month  of  October  2000  to  the  Series  1998-1
                     Certificateholders on November 15, 2000.




                                      - 1 -

<PAGE>


Item 7(c).          Exhibits.
                    ---------

                    The  following  is filed as an exhibit to this report under
                    Exhibit 28:

             99.1   Series  1997-2  Certificateholders  Statement  for the month
                    of October 2000.

             99.2   Series  1998-1  Certificateholders  Statement  for the month
                    of October 2000.




                                    Signature


Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.


                                   FNANB CREDIT CARD
                                   MASTER TRUST


                                   By:       FIRST NORTH AMERICAN
                                             NATIONAL BANK, as
                                             Transferor and Servicer


                                   By:
                                             ----------------------------------
                                             Michael T. Chalifoux
                                             Chairman of the Board


Date:      November 15, 2000

                                       -2-

<PAGE>

                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    EXHIBITS

                                       TO

                                    FORM 8-K

                         FNANB CREDIT CARD MASTER TRUST

<PAGE>

                                INDEX TO EXHIBITS

Exhibit
Number   Exhibit


99.1     Series  1997-2  Certificateholders  Statement  for the  month of
         October 2000.


99.2     Series  1998-1  Certificateholders  Statement  for the  month of
         October 2000.




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