EXHIBIT 99.1

                          ANNUAL SERVICER'S CERTIFICATE
                          -----------------------------


                       FIRST NORTH AMERICAN NATIONAL BANK

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                         FNANB CREDIT CARD MASTER TRUST
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         The  undersigned,  a duly  authorized  representative  of  First  North
American National Bank ("FNANB"), as Servicer (the "Servicer"),  pursuant to the
Master  Pooling and Servicing  Agreement,  dated as of October  30,1997(as  such
agreement may have been, or may from time to time be,  amended,  supplemented or
otherwise modified,  the "Pooling and Servicing  Agreement"),  between FNANB, as
Transferor  and as  Servicer,  and First Union  National  Bank,  as Trustee (the
"Trustee"), does hereby certify that:

         1.    Capitalized  terms used in this Officer's  Certificate have their
               respective  meanings  set  forth  in the  Pooling  and  Servicing
               Agreement.

         2.    FNANB is as of the date hereof the Servicer under the Pooling and
               Servicing Agreement.

         3.    The  undersigned  is duly  authorized  pursuant to the  Servicing
               Agreement to execute and deliver this  Officer's  Certificate  to
               the Trustee.

         4.    This  certificate  is  delivered  pursuant  to Section 3.5 of the
               Pooling and Servicing Agreement.

         5.    A review of the activities of the Servicer during the Fiscal Year
               ended February 29, 2000 and of its performance  under the Pooling
               and  Servicing   Agreement  was  made  under  the   undersigned's
               supervision.

         6.    Based on such review, to the best of the undersigned's knowledge,
               the Servicer has fully  performed all its  obligations  under the
               Pooling and Servicing Agreement  throughout the Fiscal Year ended
               February 29, 2000, and no event which,  with the giving of notice
               or passage of time or both,  would  constitute a Servicer Default
               has occurred or is continuing  except as set forth in paragraph 7
               below.

         7.    The following is a description of each Servicer Default under the
               provisions  of the Pooling and Servicing  Agreement  known to the
               undersigned  to  have  occurred  during  the  Fiscal  Year  ended
               February 29,  2000,  which sets forth in detail the (i) nature of
               each  such  Servicer  Default,  (ii)  the  action  taken  by  the
               Servicer,  if any, to remedy each such Servicer Default and (iii)
               the current status of each such Servicer Default: Not Applicable.



         IN  WITNESS  WHEREOF,  the  undersigned,  a duly  authorized  Servicing
Officer, has duly executed this certificate as of this 17th day of May, 2000.



                                    /s/Michael T. Chalifoux
                                    -------------------------
                                    Name: Michael T. Chalifoux
                                    Title: Chairman of the Board
                                    and President