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                                                                    EXHIBIT 20.2

                           MONTHLY HOLDERS' STATEMENT
                      First USA Bank, National Association

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                       First NBC Credit Card Master Trust
                                  Series 1997-1
                               September 12, 2000
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Under the Pooling and Servicing Agreement (the "Pooling and Servicing
Agreement") dated as of August 1, 1997 by and between First USA Bank, National
Association as successor Transferor and Servicer to Bank One Louisiana, N.A. (as
successor to First National Bank of Commerce ("FNBC")), and The Bank of New
York, as Trustee, (the "Trustee"), as amended and supplemented by the Series
1997-1 Supplement dated as of August 1, 1997 by and between First USA Bank,
National Association and the Trustee, First USA Bank, National Association, as
Servicer, is required to prepare certain information for each Distribution Date
regarding current distributions to Certificateholders and the performance of the
First NBC Credit Card Master Trust ("the Trust") during the previous period. The
information which is required to be prepared with respect to the Distribution of
the September 15, 2000 Distribution Date, and with respect to the performance of
the TrustAugust-00he Month ending is set forth below. Certain of the information
is presented on the basis of an original principal amount of $1,000 per Series
1997-1 Certificate (a "Certificate"). Certain other information is presented
based on the aggregate amounts for the Trust as a whole. Capitalized terms used
in this Monthly Statement have their respective meanings set forth in the
Pooling and Servicing Agreement and the Supplement.

<TABLE>

<S>                                                                                               <C>
A  Series 1997-1 Certificates
     1  Information regarding Payments in respect of the Class A
        Certificates (per $1,000 original certificate principal amount)
             a  Total Payment                                                                             5.125000
             b  Amount of Payment in respect of Class A Monthly Interest                                  5.125000
             c  Amount of Payment in respect of Class A Overdue Monthly Interest                              -
             d  Amount of Payment in respect of Class A Additional Interest                                   -
             e  Amount of Payment in respect of Class A Principal                                             -

     2  Class A Investor Charge-Offs/Reimbursement of Class A Investor Charge-Offs
             a  Total amount of Class A Investor Charge-Offs                                                  -
             b  Amount of Class A Investor Charge-Offs per $1,000 original certificate                        -
             c  Total amount reimbursed in respect of Class A Investor Charge-Offs                            -
             d  Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original
                principal amount                                                                              -
             e  The amount, if any, by which the outstanding Principal Balance of the Class A
                Certificates exceeds the Class A Adjusted Investor Interest after giving effect to all
                transactions on such Distribution Date                                                        -

     3  Information regarding Payments in respect of the Class B Certificates
        (per $1,000 original certificate principal amount)
             a  Total Payment                                                                             5.291667
             b  Amount of Payment in respect of Class B Monthly Interest                                  5.291667
             c  Amount of Payment in respect of Class B Overdue Monthly Interest                              -
             d  Amount of Payment in respect of Class B Additional Interest                                   -
             e  Amount of Payment in respect of Class B Principal                                             -

     4  Amount of reductions in Class B Investor Interest pursuant to clauses (c), (d) and (e)
        of the definition of Class B Investor Interest
             a  Amount of reductions in Class B Investor Interest                                             -
             b  Amount of reductions in Class B Investor Interest per $1,000 original certificate
                principal amount                                                                              -
             c  Total amount reimbursed in respect of reductions of Class B Investor Interest                 -
             d  Amount reimbursed in respect of reductions of Class B Investor Interest per
                $1,000 original certificate principal amount                                                  -
             e  The amount, if any, by which the outstanding Principal Balance of the Class B
                Certificates exceeds the Class B Investor Interest after giving effect to all
                transactions on such Distribution Date                                                        -
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Monthly Holders' Statement
Page 2  (all amounts in dollars except percentages)
<TABLE>
<S>                                                                                               <C>
     5  Information regarding Distribution in respect of the Collateral Interest
             a  Total distribution                                                                      6.216146
             b  Amount of distribution in respect of Collateral Monthly Interest                        6.216146
             c  Amount of distribution in respect of Collateral Overdue Interest                             -
             d  Amount of distribution in respect of Collateral Monthly Principal                            -

     6  Amount of reductions in Collateral Interest pursuant to clauses (c), (d) and (e)
        of the definition of Collateral Interest
             a  Amount of reductions in Collateral Interest                                                  -
             b  Total amount reimbursed in respect of reductions of Collateral Interest                      -

 B   Trust Performance
     1  Delinquencies
             a  30-59 days                                                                            11,782,006
             b  60-89 days                                                                             6,582,376
             c  90 days and over                                                                      10,696,939
             d  Total 30+ days delinquent                                                              29,061,321

     2  Base Rate
             a  Current Monthly Period                                                                   8.24911%
             b  Prior Monthly Period                                                                     8.21830%
             c  Second Prior Monthly Period                                                              8.26700%
     3  Three Month Average Base Rate                                                                    8.24480%

     4  Portfolio Yield (gross portfolio yield less net defaults)
             a  Current Monthly Period                                                                  15.78346%
             b  Prior Monthly Period                                                                    14.39117%
             c  Second Prior Monthly Period                                                             13.86670%
     5  Three Month Average Portfolio Yield                                                             14.68044%

     6  Excess Spread  Percentage
             a  Current Monthly Period                                                                   8.03435%
             b  Prior Monthly Period                                                                     6.67287%
             c  Second Prior Monthly Period                                                              6.09969%
     7  Three Month Average Excess Spread Percentage                                                     6.93564%

     8  Monthly Payment Rate (total collections/beginning aggregate principal receivables)              13.94139%

     9  Portfolio Adjusted Yield                                                                         7.53435%
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                First USA Bank, National Association as Servicer

                                      By: /s/ Tracie Klein
                                          _____________________________________
                                      Name:  Tracie Klein
                                      Title: First Vice President