SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

~~Form~~ FORM 8-K

CURRENT REPORT

~~Pursuant~~PURSUANT toTO ~~Section~~ SECTION 13 orOR 15 (d) OF ofTHE ~~the Securities~~SECURITIES ~~Exchange~~EXCHANGE ~~Act~~ACT ofOF 1934

Date of Report (~~Date~~date of earliest event ~~Reported~~reported): ~~January~~February 119, 2005

The Amended and Restated Pooling and Servicing Agreement, dated as of June 15, 2001, including the Series 2002-1 Supplement, dated as of December 17, 2002, among 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 A Floating Rate Asset-Backed Certificates and Class B Floating Rate Asset-Backed Certificates, 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)

	333-99477
United States	333-113957-02 and 333-116609-02	25-0659306
	and
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer ID 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)

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

MELLON BANK PREMIUM FINANCE LOAN MASTER TRUST

(Exact name of ~~registrant~~Registrant as specified in its charter)

	333-99477-02
New York	333-113957-01 and 333-116609-01	51-0015912
	and
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer ID Number)
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~~Registrant as specified in its charter)

	333-99477-01
Delaware	333-113957-03 and 333-116609-03	51-6522553
	and
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer ID Number)
Delaware	333-101671-01	51-6522553
(State or Other Jurisdiction of Incorporation)	(Commission File Numbers)	(I.R.S. Employer Identification No.)

c/o Chase Manhattan Bank, USA, National Association 1201 ~~North~~N. Market Street Wilmington, DE 19801 (302) 428-3372 Carl Krasik, Esq. Mellon Financial Corporation Suite 1910 500 Grant Street Pittsburgh, Pennsylvania 15258-0001 (412) 234-5222

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)

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

MELLON BANK PFL MASTER NOTE TRUST

(Exact name of Registrant as specified in its charter)


Delaware	333-113957 and 333-116609	51-6522553

(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer ID Number)

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)

Check 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:


o	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 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~~Noteholders 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. By: /s/ MICHAEL A. BRYSON Name: Michael A. Bryson Title: Executive Vice President & Chief Financial Officer MELLON PREMIUM FINANCE LOAN OWNER TRUST By: Mellon Bank N.A., as Administrator By: /s/ MICHAEL A. BRYSON Name: Michael A. Bryson Title: Executive Vice President & Chief Financial Officer MELLON BANK PREMIUM FINANCE LOAN MASTER TRUST By: Mellon Bank N.A., as Administrator By: /s/ MICHAEL A. BRYSON Name: Michael A. Bryson Title: Executive Vice President & Chief Financial Officer


	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

	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 BANK, N.A., as Administrator

	By:	/s/ Michael A. Bryson

		Name:	Michael A. Bryson
		Title:	Executive Vice President & Chief Financial Officer

	MELLON BANK PFL MASTER NOTE TRUST, as
	Registrant
	By:	MELLON BANK, N.A., as Administrator

	By:	/s/ Michael A. Bryson

		Name:	Michael A. Bryson
Dated: February 11, 2005		Title:	Executive Vice President & Chief Financial Officer

Dated: January 13, 2005

INDEX OF EXHIBITS

Exhibit No.		Document Description		Method of Filing
20		Monthly ~~Certificateholders~~Noteholders Statement		Filed herewith

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