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):  June 17, 1996
 
 
                        FIRST OMNI BANK, N.A.
        (Exact name of registrant as specified in its charter)

                          on behalf of the
              FIRST OMNI BANK CREDIT CARD MASTER TRUST
	
 

                           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)
                 ______________________________


<PAGE>
Page 2

Item 5.	Other Events

	On June 3, 1996, in SMILEY V. CITIBANK (SOUTH DAKOTA), N.A., the
United States Supreme Court unanimously held that the term "interest" in 
12 U.S.C. Section 85 includes late payment fees permissible under the 
laws of a national bank's home state.  Thus, a national bank that issues 
credit cards can charge late fees lawful under its home state law to a 
cardholder in a state where such charges would be unlawful if charged by 
a bank in that state.  The Registrant anticipates that the two cases in 
Pennsylvania in which it has been named as a defendant, alleging that 
Registrant (among others) may not charge to Pennsylvania cardholders 
certain fees lawful under Delaware law but unlawful under Pennsylvania 
law, will be dismissed.

Item 7. Exhibits

(c)     Exhibits

        20  Monthly Series 1996-A Holders' Statement for the June 17,
            1996 Distribution Date and the related Monthly Period.





<PAGE>
Page 3

                                    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: June 20, 1996                 FIRST OMNI BANK, N.A.


                                    By:  /s/ ROBERT F. RAY
                                    ______________________              
                                    Robert F. Ray, Vice 			  	 
                                    President 					










<PAGE>
Page 4


                             EXHIBIT INDEX


Exhibit           Description                                   Page

20                Monthly Series 1996-A Holders'                 5 
                  Statement for the June 17, 1996
                  Distribution Date and the related
                  Monthly Period
[{"type": "8-K", "sequence": "1", "secsgml_size_bytes": 2989}]
{"company-data": {"conformed-name": "FIRST OMNI BANK NA", "cik": "0001006183", "assigned-sic": "6189", "irs-number": "510263671", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-20755", "film-number": "96583435"}, "business-address": {"street1": "499 MITCHELL RD", "street2": "PO BOX 900", "city": "MILLSBORO", "state": "DE", "zip": "19966", "phone": "3029342000"}, "mail-address": {"street1": "101 S PACA ST MS109-600", "city": "BALTIMORE", "state": "MD", "zip": "21201"}}
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):  June 17, 1996
 
 
                        FIRST OMNI BANK, N.A.
        (Exact name of registrant as specified in its charter)

                          on behalf of the
              FIRST OMNI BANK CREDIT CARD MASTER TRUST
	
 

                           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)
                 ______________________________
Page 2

Item 5.	Other Events

	On June 3, 1996, in SMILEY V. CITIBANK (SOUTH DAKOTA), N.A., the
United States Supreme Court unanimously held that the term "interest" in 
12 U.S.C. Section 85 includes late payment fees permissible under the 
laws of a national bank's home state.  Thus, a national bank that issues 
credit cards can charge late fees lawful under its home state law to a 
cardholder in a state where such charges would be unlawful if charged by 
a bank in that state.  The Registrant anticipates that the two cases in 
Pennsylvania in which it has been named as a defendant, alleging that 
Registrant (among others) may not charge to Pennsylvania cardholders 
certain fees lawful under Delaware law but unlawful under Pennsylvania 
law, will be dismissed.

Item 7. Exhibits

(c)     Exhibits

        20  Monthly Series 1996-A Holders' Statement for the June 17,
            1996 Distribution Date and the related Monthly Period.
Page 3

                                    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: June 20, 1996                 FIRST OMNI BANK, N.A.

                                    By:  /s/ ROBERT F. RAY
                                    ______________________              
                                    Robert F. Ray, Vice 			  	 
                                    President
Page 4

                             EXHIBIT INDEX

Exhibit           Description                                   Page

20                Monthly Series 1996-A Holders'                 5 
                  Statement for the June 17, 1996
                  Distribution Date and the related
                  Monthly Period