FNANB CREDIT CARD MASTER TRUST
8-K, 2000-12-15
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: December 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  November  2000  to the  Series  1997-2
                Certificateholders on December 15, 2000.

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

            99.2    Series 1998-1 Certificateholders  Statement for the month of
                    November 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:      December 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
           November 2000.


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





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