SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): February 25, 1998
FIRST OMNI BANK, N.A.
ON BEHALF OF THE
FIRST OMNI BANK CREDIT CARD MASTER TRUST, SERIES 1996-A
(Exact name of registrant as specified in its charter)
UNITED STATES
(State or other jurisdiction of incorporation or organization)
0-20755 51-0263671
(Commission File Number) (I.R.S. Employer Identification No.)
499 MITCHELL ROAD
MILLSBORO, DELAWARE 19966
(Address of Principal Executive Offices) (Zip Code)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE:(302) 934-2000
NOT APPLICABLE
(Former name or former address, if changed since last report)
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ITEM 5. OTHER EVENTS
On February 25, 1998, First Omni Bank, N.A. ("First Omni") sold
substantially all of its assets, consisting primarily of its rights as
Transferor and Servicer of the First Omni Bank Credit Card Master Trust (the
"Trust"), to Bank of America National Association ("BOANA"). BOANA has become
Transferor and Servicer with respect to the Trust, with all of the rights and
duties as such under the Pooling and Servicing Agreement, dated as of April 1,
1996, as supplemented by the Series 1996-A Supplement dated April 1, 1996 and by
Assignments No. 1 and No. 2 of Receivables in Supplemental Accounts dated
October 1, 1997 and February 2, 1998, respectively (together, the "Agreement"),
between First Omni and The Bank of New York, as Trustee. Filed as a part of
this Current Report on Form 8-K is a copy of the Transfer and Assumption
Agreement, dated as of February 25, 1998, among First Omni, BOANA and the
Trustee, pursuant to which all rights and obligations of the Transferor and
Servicer under the Agreement were transferred to, and assumed by, BOANA.
ITEM 7. EXHIBITS
(c) Exhibits
4.1 Transfer and Assumption Agreement, dated as of February 25, 1998,
among First Omni Bank, N.A., Bank of America National Association
and The Bank of New York.
SIGNATURES
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 thereunto duly authorized.
Date: March 4, 1998 FIRST OMNI BANK CREDIT CARD MASTER TRUST,
SERIES 1996-A
By: FIRST OMNI BANK, N.A.
By: ROBERT F. RAY
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Robert F. Ray
Vice President and Treasurer
EXHIBIT INDEX
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Exhibit Description Page
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4.1 Transfer and Assumption Agreement, dated as of
February 25, 1998, among First Omni Bank, N.A.,
Bank of America National Association and The
Bank of New York.