FNANB CREDIT CARD MASTER TRUST
8-K, 2000-10-16
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: October 16, 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  September  2000  to the  Series  1997-2
                    Certificateholders on October 16, 2000.

                    The registrant distributed the Certificateholders  Statement
                    for  the  month  of  September  2000  to the  Series  1998-1
                    Certificateholders on October 16, 2000.




                                      - 1 -



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
                    September 2000.

          99.2      Series 1998-1 Certificateholders  Statement for the month of
                    September 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:      October 16, 2000

                                       -2-

















                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549












                                    EXHIBITS
                                       TO
                                    FORM 8-K


                         FNANB CREDIT CARD MASTER TRUST












                                INDEX TO EXHIBITS



         Exhibit
         Number                       Exhibit


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


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



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