SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

~~FORM~~ Form 8-K

CURRENT REPORT

~~PURSUANT~~Pursuant TOto ~~SECTION~~ Section 13 ORor 15 (d) of the Securities Exchange Act of 1934

OFDate ~~THE~~of ~~SECURITIES~~Report ~~EXCHANGE~~(Date ~~ACT~~of OFearliest ~~1934~~event Reported): January 11, 2005

~~Date~~The Amended and Restated Pooling and Servicing Agreement, dated as of ~~Report~~June 15, ~~(date~~2001, including the Series 2002-1 Supplement, dated as of ~~earliest~~December 17, ~~event~~2002, ~~reported)~~among ~~November~~Mellon Premium Finance Loan Owner Trust, as transferor, AFCO Credit Corporation, as servicer, AFCO Acceptance Corporation, as servicer, Premium Financing Specialists of California, Inc., as back-up servicer, Premium Financing Specialists of California, Inc., as back-up servicer, and Wells Fargo Bank Minnesota, National Association, as trustee, in connection with the issuance of Mellon Bank Premium Finance Loan Master Trust , Class 10A Floating Rate Asset-Backed Certificates and Class B Floating Rate Asset-Backed Certificates, ~~2003~~Series 2002-1.

MELLON BANK, N.A.

(Originator of Mellon Bank Premium Finance Loan Master Trust) (Exact name of ~~Registrant~~registrant as specified in its charter)

	United States		333-53250		25-0659306
		333-99477
	(State or other jurisdiction of		(Commission		(IRS Employer ID
		and
	incorporation)		File Number)		Number)
United States		333-101671		25-0659306
(State or Other Jurisdiction of Incorporation)		(Commission File Numbers)		(I.R.S. Employer Identification No.)

One Mellon Center Pittsburgh, Pennsylvania 15258 (412) 234-5000 ~~(Address, including zip code, and telephone number, including area code, of registrant’s principal offices)~~

(Address, including zip code, and telephone number, including area code,
of registrant’s principal offices)

N/A
(Former name or former address, if changed since last report)

MELLON BANK PREMIUM FINANCE LOAN MASTER TRUST ~~(Exact name of Registrant as specified in its charter)~~

New York	333-53250-01	51-0015912
(State or other jurisdiction of	(Commission	(IRS Employer ID
incorporation)	File Number)	Number)

(Exact name of registrant as specified in its charter)

One Mellon Center Pittsburgh, Pennsylvania 15258 (412) 234-5000 (Address, including zip code, and telephone number, including area code, of registrant’s principal offices)


	333-99477-02
	and
New York	333-101671-02	51-0015912

(State or Other Jurisdiction of Incorporation)	(Commission File Numbers)	(I.R.S. Employer Identification No.)

One Mellon Center
Pittsburgh, Pennsylvania 15258
(412) 234-5000

(Address, including zip code, and telephone number, including area code,
of registrant’s principal offices)

N/A
(Former name or former address, if changed since last report)

MELLON PREMIUM FINANCE LOAN OWNER TRUST ~~(Exact name of Registrant as specified in its charter)~~

~~Delaware~~ (~~State~~Exact orname ~~other jurisdiction~~ of ~~incorporation)~~registrant ~~333-53250-02~~as ~~(Commission~~specified ~~File~~in ~~Number)~~its ~~51-6522553 (IRS Employer ID Number~~charter)

c/o Chase Manhattan Bank, USA, National Association 1201 N. Market Street Wilmington, DE 19801 (302) 428-3372


	333-99477-01
	and
Delaware	333-101671-01	51-6522553

(State or Other Jurisdiction of Incorporation)	(Commission File Numbers)	(I.R.S. Employer Identification No.)

~~Carl~~c/o ~~Krasik~~Chase Manhattan Bank, ~~Esq. Mellon~~USA, ~~Financial~~National ~~Corporation~~Association ~~Suite 1910 500~~1201 ~~Grant~~North Market Street ~~Pittsburgh~~Wilmington, ~~Pennsylvania~~DE ~~15258-0001~~19801 (~~412~~302) ~~234~~428-~~5222~~3372 ~~(Address, including zip code, and telephone number, including area code, of registrant’s principal offices)~~

Carl Krasik, Esq.
Mellon Financial Corporation
Suite 1910
500 Grant Street
Pittsburgh, Pennsylvania 15258-0001
(412) 234-5222

(Address, including zip code, and telephone number, including area code, of registrant’s principal offices)

N/A
(Former name or former address, if changed since last report)

~~Item 5. Other~~Check ~~Events.~~the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

~~The~~o ~~Registrant~~Written ~~hereby~~communications ~~incorporates~~pursuant byto ~~reference~~Rule ~~the~~425 ~~information~~under ~~contained in~~the ~~Exhibit 20~~Securities ~~hereto~~Act in(17 ~~response~~CFR ~~to this Item 5~~230. 425)


o	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)


o	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))


o	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01. Other Events.

The Registrant hereby incorporates by reference the information contained in Exhibit 20 hereto in response to this Item 8.01.

Item 9.01. Financial Statements and Exhibits.

20. Monthly Certificateholders Statement

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.

MELLON BANK, N.A., ~~as registrant~~ By: /s/ MICHAEL A. BRYSON Name: Michael A. Bryson Title: Executive Vice President & Chief Financial Officer MELLON PREMIUM FINANCE LOAN OWNER TRUST, ~~as registrant~~ By: Mellon Bank, N.A., as ~~administrator~~Administrator By: /s/ MICHAEL A. BRYSON Name: Michael A. Bryson Title: Executive Vice President & Chief Financial Officer MELLON BANK PREMIUM FINANCE LOAN MASTER TRUST, ~~as registrant~~ By: ~~MELLON~~Mellon ~~BANK,~~Bank N.A., as ~~administrator~~Administrator By: /s/ MICHAEL A. BRYSON Name: Michael A. Bryson Title: Executive Vice President & Chief Financial Officer

Dated: ~~November~~January 1013, ~~2003~~2005

INDEX OF EXHIBITS


Exhibit No.	Document Description	Method of Filing

20	Monthly Certificateholders Statement	Filed herewith

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