UNITED STATES


                       SECURITIES AND EXCHANGE COMMISSION


                             Washington, D.C. 20549


                                    FORM 10-K


                  Annual Report Pursuant to Section 13 or 15(d)
                     of the Securities Exchange Act of 1934


For the fiscal year ended:  February 29, 2000

Commission file number:  333-94035


                      CIRCUIT CITY CREDIT CARD MASTER TRUST
             (Exact name of registrant as specified in its charter)


      United States                                       58-1897792
    -----------------                                   --------------
     (State or other                                    (IRS Employer
      jurisdiction                                    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: 770 792-4600

        Securities registered pursuant to Section 12(b) of the Act: None

          Securities registered pursuant to Section 12(g) of the Act:

         On May 31, 1995, the registrant  filed with the Securities and Exchange
Commission a registration statement on Form 8-A registering certain Circuit City
Credit Card Master Trust asset backed certificates.

         Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the  Securities  Exchange  Act of
1934  during  the  preceding  12 months  (or for such  shorter  period  that the
registrant  was required to file such  reports) and (2) has been subject to such
filing requirements for the past 90 days.

             Yes  [X]1                                   No [ ]

---------
1 In reliance upon various  no-action  letters issued by the Securities and
Exchange  Commission  to other  trusts  which are  substantially  similar to the
registrant,  the  registrant  has filed monthly Forms 8-K in lieu of Forms 10-Q.
See, e.g., Banc One Credit Card Master Trust (avail. May 26, 1995).


         State the aggregate  market value of the voting and  non-voting  common
equity held by  non-affiliates  of the  registrant.  The aggregate  market value
shall be computed by reference to the price at which the common equity was sold,
or the average bid and asked  prices of such  common  equity,  as of a specified
date within 60 days prior to the date of filing. (See definition of affiliate in
Rule 405)

         Not Applicable.


                                     PART I
                                     ------

         The Circuit  City Credit Card  Master  Trust (the  "Trust")  was formed
pursuant to a Master  Pooling  and  Servicing  Agreement  dated as of October 4,
1994, as amended (the "Pooling and  Servicing  Agreement"),  between First North
American  National Bank, as Transferor (in such capacity,  the "Transferor") and
Servicer (in such  capacity,  the  "Servicer"),  and Bankers Trust  Company,  as
Trustee (the "Trustee"). The Trust was created as a master trust under which one
or more series of asset  backed  certificates  (the  "Certificates")  evidencing
undivided  interests in certain  assets of the Trust have been or will be issued
pursuant to a series supplement to the Pooling and Servicing Agreement.

         The assets of the Trust (the "Trust Assets")  include  receivables (the
"Receivables")  arising under certain  consumer  revolving  credit card accounts
(the  "Accounts")  owned or acquired by the  Transferor and all monies due or to
become due in payment of the  Receivables  (including  recoveries on charged-off
Receivables),  all proceeds of the Receivables and proceeds of credit  insurance
policies  relating  to the  Receivables,  all monies on deposit in certain  bank
accounts of the Trust  (excluding  investment  earnings on such amounts,  unless
otherwise  specified)  and,  with  respect  to a  particular  series or class of
Certificates, any letter of credit, guaranteed rate agreement, maturity guaranty
facility, liquidity facility, cash collateral account, cash collateral guaranty,
collateral  indebtedness  amount,  collateral  interest,  surety bond, insurance
policy,  interest  rate cap  agreement,  interest  rate swap  agreement,  spread
account,  reserve  account or other similar  arrangement  for the benefit of the
holders of the  Certificates of such series or class.  The Trust will not engage
in any activity  other than  acquiring and holding  Receivables,  issuing one or
more series of  Certificates  and any  related  interest in the Trust and one or
more  certificates  evidencing the  Transferor's  interest in the Trust,  making
payments thereon and engaging in related activities. The Trustee holds the Trust
Assets in trust for the  benefit  of the  holders of the  Certificates,  and the
Servicer services the Receivables.

                  As of February 29, 2000, the Trust had six outstanding  series
of Certificates.  On September 7, 1995, the Trust issued in a public transaction
the Class A 6.375%  Asset  Backed  Certificates,  Series  1995-1 and the Class B
6.625% Asset Backed  Certificates,  Series 1995-1 (together,  the "1995-1 Public
Certificates"). In addition, the Trust issued in private transactions as part of
Series 1995-1 an interest  referred to as the Collateral  Indebtedness  Interest
and a class of investor certificates referred to as the Class D Certificates. On
November 27, 1996, the Trust issued in a public transaction the Class A Floating
Rate Asset  Backed  Certificates,  Series  1996-1 and the Class B Floating  Rate
Asset  Backed  Certificates,   Series  1996-1  (together,   the  "1996-1  Public
Certificates"). In addition, the Trust issued in private transactions as part of
Series 1996-1 an interest  referred to as the Collateral  Indebtedness  Interest
and a class of investor certificates referred to as the Class D Certificates. On
November 6, 1998,  the Trust issued in a private  transaction  the Series 1998-1
Variable  Funding  Certificates.  On November  12,  1998,  the Trust issued in a
private  transaction  the  Series  1998-2  Variable  Funding  Certificates.   On
September 1, 1999, the Trust issued in a private  transaction  the Series 1999-1
Variable  Funding  Certificates.  On February  28,  2000,  the Trust issued in a
public transaction the Class A Floating Rate Asset Backed  Certificates,  Series
2000-1 and the Class B Floating  Rate Asset Backed  Certificates,  Series 2000-1
(collectively  with  the  1995-1  Public  Certificates  and  the  1996-1  Public
Certificates,  the "Public  Certificates").  In  addition,  the Trust  issued in
private  transactions  as part of Series  2000-1  interest,  referred  to as the
Collateralized Trust Obligations and a class of investor  certificates  referred
to as the Class D Certificates. The Trust may issue from time to time additional
series of Certificates evidencing undivided interests in the Trust Assets.

         The  registrant  has prepared  this Form 10-K in reliance  upon various
no-action  letters  issued by the  Securities  and Exchange  Commission to other
trusts which are substantially  similar to the Trust. See, e.g., Banc One Credit
Card  Master  Trust  (avail.  May 26,  1995).  Items  designated  herein as "Not
Applicable" have been omitted as a result of such reliance.

Item 1.  Business.
         --------

         Not Applicable.

Item 2.  Properties.
         ----------

         See  introductory  statement to Part I above for a  description  of the
Trust Assets.

Item 3.  Legal Proceedings.
         -----------------

         To the best knowledge of the registrant,  there are no material pending
legal proceedings involving the Trust, the Servicer or the Trustee.

Item 4.  Submission of Matters to a Vote of Security Holders.
         ---------------------------------------------------

         None.


                                     PART II
                                     -------

Item 5.  Market for Registrant's Common Equity and Related Stockholder Matters.
         ---------------------------------------------------------------------

         (a)   To the best knowledge of the registrant,  there is no established
public trading market for the Certificates.

         (b)   The Public  Certificates  are  represented by seven  certificates
registered  in the  name of Cede & Co.,  the  nominee  of The  Depository  Trust
Company ("DTC").


Item 6.  Selected Financial Data.
         -----------------------

         Not Applicable.

Item 7.  Management's Discussion and Analysis of Financial Condition and Results
         -----------------------------------------------------------------------
         of Operation.
         ------------

         Not Applicable.

Item 7a. Quantitative and Qualitative Disclosures About Market Risk
         ----------------------------------------------------------
         Not Applicable.
         --------------

Item 8.  Financial Statements and Supplementary Data.
         -------------------------------------------

         Not Applicable.

Item 9.  Changes  in  and  Disagreements  With  Accountants  on  Accounting  and
         -----------------------------------------------------------------------
         Financial Disclosure.
         --------------------


                  None.


                                    PART III

Item 10. Directors and Executive Officers of the Registrant.
         --------------------------------------------------

                  Not Applicable.

Item 11. Executive Compensation.
         ----------------------

                  Not Applicable.

Item 12. Security Ownership of Certain Beneficial Owners and Management.
         --------------------------------------------------------------

         (a)   The Public  Certificates  are  represented by seven  certificates
registered in the name of Cede & Co., and an investor holding an interest in the
Trust is not entitled to receive a certificate representing such interest except
in certain limited circumstances.  Accordingly, Cede & Co. is the sole holder of
record of the Public Certificates, which it holds on behalf of brokers, dealers,
banks and other direct  participants in the DTC system. Such direct participants
may hold Public Certificates for their own accounts or for the accounts of their
customers.  The address of Cede & Co. is c/o The Depository  Trust  Company,  55
Water Street, New York, New York 10041.

         (b)   Not Applicable.

         (c)   Not Applicable.

Item 13. Certain Relationships and Related Transactions.
         ----------------------------------------------

         (a)   To  the  best  knowledge  of  the   registrant,   there  were  no
transactions,  or series of similar  transactions,  during the fiscal year ended
February 29,  2000,  and are no currently  proposed  transactions,  or series of
similar  transactions,  to which the Trust was or is to be a party, in which the
amount involved  exceeds $60,000 and in which any person known to the registrant
to own of record or beneficially more than 5.00% of the Public Certificates had,
or will have, a direct or indirect material interest.

         (b)   Not Applicable.

         (c)   Not Applicable.

         (d)   Not Applicable.

                                     PART IV
                                     -------

Item 14. Exhibits, Financial Statement Schedules, and Reports on Form 8-K.
         ----------------------------------------------------------------

         (a)   Documents.
               ---------

               1.    Financial Statements.

                     Not Applicable.

               2.    Financial Statement Schedules.

                     Not Applicable.

               3.    Exhibits.

                     See Item 14(c).

         (b)   Reports on Form 8-K.
               -------------------

               The registrant  filed the following  Current  Reports on Form 8-K
with respect to the fiscal year ended February 29, 2000: Current Reports on Form
8-K dated March 15, 1999,  April 15, 1999, May 17,1999,  June 15, 1999, July 15,
1999, August 16, 1999,  September 15, 1999, October 15, 1999, November 15, 1999,
December  15,  1999,  January  18,  2000,  February  15, 2000 and March 15, 2000
reporting  Items 5 and 7(c) and providing  the Series 1994-2  Certificateholders
Statements,  the  Series  1995-1  Certificateholders  Statements  and the Series
1996-1  Certificateholders  Statements  for the months of February  1999,  March
1999, April 1999, May 1999, June 1999, July 1999,  August 1999,  September 1999,
October 1999, November 1999, December 1999, January 2000and February 2000.

         (c)   Exhibits.
               --------

               Exhibit 99.1     Annual Servicer's Certificate.


         (d)   Financial Statement Schedules.
               -----------------------------

               Not Applicable.




                                   SIGNATURES

                  Pursuant  to the  requirements  of  Section 13 or 15(d) of the
Securities  Exchange Act of 1934,  the registrant has duly caused this report to
be signed on its behalf by the undersigned, thereunto duly authorized.


                                       CIRCUIT CITY CREDIT CARD
                                       MASTER TRUST

                                       By: FIRST NORTH AMERICAN
                                           NATIONAL BANK, as Servicer

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

Dated as of May 17, 2000





                                                  INDEX TO EXHIBITS

Exhibit           Description
Number            of Exhibit
------            ----------

99.1              Annual Servicer's Certificate.