1

                       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: July 15, 1997
                                         -------------




                            CAPITAL ONE MASTER TRUST
                                CAPITAL ONE BANK
             (Exact name of registrant as specified in its charter)



           Virginia                     0-25762               54-1719855
- -------------------------------       ------------          -------------------
(State or other jurisdiction of       (Commission             (IRS Employer
        incorporation)                File Number)          Identification No.)


11013 West Broad Street Road, Glen Allen, Virginia               23060
- --------------------------------------------------             ----------
   (Address of principal executive offices)                    (Zip Code)


             (Registrant's telephone number, including area code):
                                 (804) 967-1000



         (Former name or former address, if changed since last report):
                                 Not Applicable



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ITEM 5.             OTHER EVENTS.

                    The June 1997 monthly Certificateholders Statements to
                    investors were distributed July 15, 1997.

ITEM 7 (c).         EXHIBITS

                    The following are filed as exhibits to this Report under
                    Exhibit 28:


                                          
                    1.  June Performance Summary

                    2.  Series 1993-1 Class A and Class B Certificateholder's Statements for 
                        the month of June 1997.

                    3.  Series 1993-4 Class A and Class B Certificateholder's Statements for
                        the month of June 1997.

                    4.  Series 1994-2 Class A and Class B Certificateholder's Statements for
                        the month of June 1997.

                    5.  Series 1994-3 Class A and Class B Certificateholder's Statements for
                        the month of June 1997.

                    6.  Series 1994-4 Class A and Class B Certificateholder's Statements for
                        the month of June 1997.

                    7.  Series 1994-A Certificateholders' Statement for 
                        the month of June 1997.

                    8.  Series 1995-1 Class A and Class B Certificateholder's Statements for 
                        the month of June 1997.

                    9.  Series 1995-2 Class A and Class B Certificateholder's Statements for 
                        the month of June 1997.

                    10.  Series 1995-3 Class A and Class B Certificateholder's Statements for 
                         the month of June 1997.

                    11.  Series 1995-4 Class A and Class B Certificateholder's Statements for 
                         the month of June 1997.

                    12.  Series 1996-1 Class A and Class B Certificateholder's Statement for 
                         the month of June 1997.

                    13.  Series 1996-2 Class A and Class B Certificateholder's Statements for 
                         the month of June 1997.

                    14.  Series 1996-3 Class A and Class B Certificateholder's Statement for 
                         the month of June 1997.

                    15.  Series 1997-1 Class A and Class B Certificateholder's Statement for 
                         the month of June 1997.






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                                  SIGNATURE

                  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 there-unto duly authorized. 

                                         CAPITAL ONE MASTER TRUST

                                         By:    CAPITAL ONE BANK
                                                Servicer


                                         By:    /s/ David M. Willey
                                                ----------------------------
                                                David M. Willey
                                                Vice President

Date: July 15, 1997



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                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549





                             ---------------------







                                    EXHIBITS

                                       TO

                                    FORM 8-K








                            CAPITAL ONE MASTER TRUST
                                CAPITAL ONE BANK
             (Exact name of registrant as specified in its charter)





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                               INDEX TO EXHIBITS




                                                                                      SEQUENTIALLY
EXHIBIT                                                                               NUMBERED
NUMBER                EXHIBITS                                                        PAGE
- ------                --------                                                        -------------


                                                                                     
     1                June Performance Summary                                            07

     2                Series 1993-1 Class A and Class B Certificate-
                      holder's Statements for the month of June 1997                      09

     3                Series 1993-4 Class A and Class B Certificate-
                      holder's Statements for the month of June 1997                      11

     4                Series 1994-2 Class A and Class B Certificate-
                      holder's Statements for the month of June 1997                      13

     5                Series 1994-3 Class A and Class B Certificate-
                      holder's Statements for the month of June 1997                      15

     6                Series 1994-4 Class A and Class B Certificate-
                      holder's Statements for the month of June 1997                      17

     7                Series 1994-A Certificateholder's Statement for
                      the month of June 1997                                              19

     8                Series 1995-1 Class A and Class B Certificate-
                      holder's Statements for the month of June 1997                      20

     9                Series 1995-2 Class A and Class B Certificate-
                      holder's Statements for the month of June 1997                      22

     10               Series 1995-3 Class A and Class B Certificate-
                      holder's Statements for the month of June 1997                      24

     11               Series 1995-4 Class A and Class B Certificate-
                      holder's Statements for the month of June 1997                      26

     12               Series 1996-1 Class A and Class B Certificate-
                      holder's Statements for the month of June 1997                      28



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     13               Series 1996-2 Class A and Class B Certificate-
                      holder's Statements for the month of June 1997                      30


     14               Series 1996-3 Class A and Class B Certificate-
                      holder's Statements for the month of June 1997                      32


     15               Series 1997-1 Class A and Class B Certificate-
                      holder's Statements for the month of June 1997                      34



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