Item 1. BUSINESS.
Not Applicable.
Item 2.
Item 2. PROPERTIES.
Not Applicable.
Item 3.
Item 3. LEGAL PROCEEDINGS.
The Servicer is not aware of any material pending legal proceedings involving either the Registrant, the Trustee, the Sellers or the Servicer with respect to the Certificates or the Registrant's property.
Item 4.
Item 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.
No vote or consent of the holders of the Certificates (the "Certificateholders") was solicited for any purpose during the year ended December 31, 1997.
PART II
Item 5.
Item 5. MARKET FOR REGISTRANT'S COMMON EQUITY AND RELATED STOCKHOLDER MATTERS.
To the best knowledge of the Servicer, there is no established public trading market for the Certificates. Each class of Certificates is represented by one or more certificates registered in the name of Cede & Co., the nominee of the Depository Trust Company ("DTC").
Item 6.
Item 6. SELECTED FINANCIAL DATA.
Not Applicable.
Item 7.
Item 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.
Not Applicable.
Item 8.
Item 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA.
Not Applicable.
Item 9.
Item 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE.
None.
PART III
Item 10.
Item 10. DIRECTORS AND EXECUTIVE OFFICERS OF THE REGISTRANT.
Not Applicable.
Item 11.
Item 11. EXECUTIVE COMPENSATION
Not Applicable.
Item 12.
Item 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT.
The Servicer is not aware of any Schedules 13D or 13G filed with the Securities and Exchange Commission in respect of the Certificates. Each class of Certificates is represented by one or more certificates registered in the name of Cede & Co., the nominee of DTC, and an investor holding an interest in the Trust is not entitled to receive a certificate representing such interest except in limited circumstances. Accordingly, Cede & Co. is the sole holder of record of Certificates, which it holds on behalf of brokers, dealers, banks and other direct participants in the DTC system. Such direct participants may hold Certificates for their own account or for the accounts of their customers. The address of Cede & Co. is: Cede & Co., c/o The Depository Trust Company, 55 Water Street, 49th Floor, New York, New York 10041.
Item 13.
Item 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS.
None or Not Applicable.
PART IV
Item 14.
Item 14. EXHIBITS, FINANCIAL STATEMENT SCHEDULES, AND REPORTS ON FORM 8-K.
(a) The following documents are filed as a part of the report:
Annual Certificateholders' Statement for the year ended December 31, 1997.
Annual Servicing Report in the form of Independent Accountants' Report on Applying Agreed-Upon Procedures prepared by KPMG Peat Marwick LLP.
(b) The Registrant filed the following current reports on Form 8-K for the fourth quarter of 1997.
DATE OF REPORT ITEMS COVERED
October 10, 1997 Item 7 - Monthly Certificateholders' November 12, 1997 Statement with respect to December 10, 1997 distributions made on October 15, 1997, November 17, 1997 and December 15, 1997.
(c) An Exhibit Index and Exhibits are attached to this report.
(d) Not Applicable.
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Servicer has duly caused this report to be signed on behalf of the First of America Credit Card Master Trust by the undersigned, thereunto duly authorized.
Date: March 27, 1998 FIRST OF AMERICA BANK, N.A. Servicer and Co-Originator of the First of America Credit Card Master Trust
By: FIRST OF AMERICA BANK CORPORATION (Authorized Agent)
By:/s/ Kevin T. Thompson Senior Vice President and Controller
EXHIBIT INDEX
EXHIBIT NO. EXHIBIT
(99) A Copy of the Annual Certificateholders' Statement for year ended December 31, 1997.
(99) B Copy of the Annual Servicing Report in the form of Independent Accountants' Report on Applying Agreed-Upon Procedures prepared by KPMG Peat Marwick LLP.