-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 K3mOrOBGqmkYY90xy7eQzR1wqjuns6qO+FunrgXxF9WhBwR7MFgTM2AHpDOOtIy6
 e9JMgSk1FKDFgzS2M+m6XA==

<SEC-DOCUMENT>0000939057-98-000019.txt : 19980203
<SEC-HEADER>0000939057-98-000019.hdr.sgml : 19980203
ACCESSION NUMBER:		0000939057-98-000019
CONFORMED SUBMISSION TYPE:	SC 13G
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		19980202
SROS:			NASD

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			RIVERVIEW BANCORP INC
		CENTRAL INDEX KEY:			0001041368
		STANDARD INDUSTRIAL CLASSIFICATION:	SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035]
		IRS NUMBER:				911838969
		STATE OF INCORPORATION:			WA
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		SC 13G
		SEC ACT:		
		SEC FILE NUMBER:	005-52497
		FILM NUMBER:		98518969

	BUSINESS ADDRESS:	
		STREET 1:		700 NE FOURTH AVENUE
		CITY:			CAMUS
		STATE:			WA
		ZIP:			98607
		BUSINESS PHONE:		3608342231

	MAIL ADDRESS:	
		STREET 1:		700 N W FOURTH AVENUE
		CITY:			CAMUS
		STATE:			WA
		ZIP:			98607

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			RIVERVIEW BANCORP INC
		CENTRAL INDEX KEY:			0001041368
		STANDARD INDUSTRIAL CLASSIFICATION:	SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035]
		IRS NUMBER:				911838969
		STATE OF INCORPORATION:			WA
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		SC 13G

	BUSINESS ADDRESS:	
		STREET 1:		700 NE FOURTH AVENUE
		CITY:			CAMUS
		STATE:			WA
		ZIP:			98607
		BUSINESS PHONE:		3608342231

	MAIL ADDRESS:	
		STREET 1:		700 N W FOURTH AVENUE
		CITY:			CAMUS
		STATE:			WA
		ZIP:			98607
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G
<SEQUENCE>1
<DESCRIPTION>RIVERVIEW BANCORP, INC. FORM 13G
<TEXT>


               SECURITIES AND EXCHANGE COMMISSION
                     Washington, D.C.  20549

                          SCHEDULE 13G

            Under the Securities Exchange Act of 1934
                       (Amendment No. ___)

                     RIVERVIEW BANCORP, INC.
                     -----------------------
                        (Name of Issuer)

                          Common Stock
                 ------------------------------
                 (Title of Class of Securities)

                          769397 10 0
                       -----------------
                         (CUSIP Number)

Check the following box if a fee is being paid with this statement.

                              [ ]

(A fee is not required only if the filing person:  (1) has a previous
statement on file reporting beneficial ownership of more than five percent of
the class of securities described in Item 1; and (2) has filed no amendment
subsequent thereto reporting beneficial ownership of five percent or less of
such class.)  (See Rule 13d-7.)

<PAGE>
<PAGE>
                                                             Page 2 of 5 Pages

1.   Name of Reporting Person:

     Riverview Savings Bank, FSB Employee Stock Ownership Plan and Trust       
     ("ESOP)


     S.S. or I.R.S. Identification No. of above person:

     91-1804588


2.   Check the appropriate box if a member of a group*

          (a) [X]

          (b) [ ]


3.   SEC USE ONLY


4.   Citizenship or Place of Organization:

     State of Washington


Number of Shares Beneficially Owned by Each Reporting Person with:

5.   Sole Voting Power:                                344,857

6.   Shared Voting Power:                              128,773

7.   Sole Dispositive Power:                           344,857

8.   Shared Dispositive Power:                         128,773

9.   Aggregate Amount Beneficially Owned by Each Reporting Person:

     473,630


10.  Check Box if the Aggregate Amount in Row (9) excludes Certain
     Shares*

          [ ]


11.  Percent of Class Represented by Amount in Row 9:       7.7%

12.  Type of Reporting Person*:  EP

                        *SEE INSTRUCTION

<PAGE>
<PAGE>
                                                             Page 3 of 5 Pages

               Securities and Exchange Commission
                     Washington, D.C.  20549


Item 1(a).  Name of Issuer.

     Riverview Bancorp, Inc.


Item 1(b).  Address of Issuer's Principal Executive Offices.

     700 N.E. Fourth Avenue
     Camas, Washington 98607


Item 2(a).  Name of Person Filing.

     Riverview Savings Bank, FSB Employee Stock Ownership Plan and Trust.


Item 2(b).  Address of Principal Business Office.

     Same as Item 1(b).


Item 2(c).  Citizenship.

     See Row 4 of page 2.


Item 2(d).  Title of Class of Securities.

     Common Stock, $.01 par value per share.


Item 2(e).  CUSIP Number.

     See the cover page.


Item 3.     The person filing is an:

     Employee Benefit Plan which is subject to the provisions of the Employee
Income Security Act of 1974, as amended.

     This Schedule 13G is being filed on behalf of the ESOP identified in Item
2(a), which is filing under the Item 3(f) classification.  Exhibit A contains
a disclosure of the voting and dispositive powers over shares of the issuer
held directly by trustees of this plan.  Each trustee of the trust established
pursuant to the ESOP, although filing under the Item 3(h) classification
because of their relationship to the ESOP, disclaims that he is acting in
concert with, or as a member of a group consisting of, the other trustees of
said plan.
<PAGE>
                                                             Page 4 of 5 Pages

Item 4.   Ownership.

     (a)  Amount Beneficially Owned:  See Row 9 of the second part of the      
          cover page.

     (b)  Percent of Class:  See Row 11 of the second part of the cover page.

     (c)  See Rows 5, 6, 7, and 8 of the second part of the cover page.


Item 5.   Ownership of Five Percent or Less of A Class.

     If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more than
five percent of the class of securities, check the following:

          [ ]


Item 6.   Ownership of More than Five Percent on Behalf of Another
          Person.

     Pursuant to Section 8.4 of the ESOP plan document, Riverview Savings
Bank, FSB has the power to direct the persons who receive dividends on shares
held in the plan trust.


Item 7.   Identification and Classification of the Subsidiary Which Acquired   
          the Security Being Reported on by the Parent Holding Company.

     Not applicable.


Item 8.   Identification and Classification of Members of the Group.

     This Schedule 13G is being filed on behalf of the ESOP identified in Item
2(a), which is filing under the Item 3(f) classification.  Exhibit A contains
a disclosure of the voting and dispositive powers over shares of the issuer
held directly by trustees of this plan.  Each trustee of the trust established
pursuant to the ESOP, although filing under the Item 3(h) classification
because of their relationship to the ESOP, disclaims that he is acting in
concert with, or as a member of a group consisting of, the other trustees of
said plan.


Item 9.   Notice of Dissolution of Group.

     Not applicable.
<PAGE>
                                                             Page 5 of 5 Pages

Item 10.  Certification.

     By signing below I certify that, to the best of my knowledge and belief,
the securities referred to above were acquired in the ordinary course of
business and were not acquired for the purpose of and do not have the effect
of changing or influencing the control of the issuer of such securities and
were not acquired in connection with or as a participant in any transaction
having such purpose or effect.


SIGNATURE:

     After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.


RIVERVIEW SAVINGS BANK, FSB
EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST



By:  /s/ Patrick Sheaffer
     ------------------------------------
     Riverview Savings Bank, FSB,
      as Plan Administrator
     Patrick Sheaffer
     President

Date:  January 26, 1998

<PAGE>
<PAGE>
Exhibit A
- ---------
               Identification of Members of Group
               ----------------------------------

     Shares of common stock of the issuer are held in trust for the benefit of
participating employees by the ESOP Trustees.  The Trustees share voting and
dispositive power with Riverview Savings Bank, FSB.  By the terms of the ESOP,
the Trustees vote stock allocated to participant accounts as directed by
participants.  As of the date of this filing, 128,773 shares have been
allocated to participants.  Common stock held by the Trust, but not yet
allocated or as to which participants have not made timely voting directions,
is voted by the Trustees in the same proportion as shares for which directions
are received, subject to their fiduciary responsibilities under the Employee
Retirement Income Security Act of 1974, as amended.  Investment direction is
exercised by the Trustees, subject to their fiduciary responsibilities.
 
     The Trustees and their beneficial ownership of shares of common stock of
the issuer, exclusive of responsibilities as a Trustee, are as follows (such
ownership being disregarded in reporting the ESOP's ownership within this
Schedule 13G):

                       Direct Beneficial     Beneficial Ownership
      Name                Ownership          As ESOP Participant
      ----                ---------          -------------------

     Patrick Sheaffer      172,681                  15,809

     Ron Wysaske           116,752                  13,219

<PAGE>

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
