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 16, 1997



                 Fleetwood Credit 1997-A Grantor Trust
                    (Exact name of registrant as
                      specified in its charter)



         California        333-21135              33-0444724       
      (State or other     (Commission         (IRS Employer
      jurisdiction of     File Number)       Identification No.)
      incorporation)


 Fleetwood Credit Receivables Corp.
 22840 Savi Ranch Parkway
 P.O. Box 87024
 Yorba Linda, California                     92885-8724   
 (Address of principal executive offices)    (Zip Code)


 Registrant's telephone number, including area code: (714)921-3400


                                   
Item 5.  Other Events.

     On June 16, 1997, the Principal and Interest collected during the
preceding
calendar month, net of certain adjustments as provided for in the Pooling and
Servicing Agreement dated as of March 1, 1997 (the "Agreement"), between
Fleetwood Credit Receivables Corp., as Seller and Fleetwood Credit Corp., as
Servicer, and The First National Bank of Chicago, as Trustee (the "Trustee"),
were distributed to holders ("Certificateholders") of certificates
representing undivided fractional interests in Fleetwood Credit 1997-A Grantor
Trust.  In accordance with the Agreement, the Servicer's Certificate, as
defined in the Agreement, was furnished to the Trustee for the benefit of the
Certificateholders and the Trustee's Statement was distributed by the Trustee
to the Certificateholders.  A copy of the Servicer's Certificate and the
Trustee's Statement is being filed as Exhibit 20.1 and 20.2, respectively to
this Current Report on Form 8-K.



Item 7(c). Exhibits

          Exhibit No.                    Description

               20.1                Servicer's Certificate for the
                                      month of May, 1997

               20.2                Trustee's Statement for the
                                      month of May, 1997



                              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 hereunto duly authorized.



                     Fleetwood Credit 1997-A GRANTOR TRUST

                     By:  FLEETWOOD CREDIT CORP., as Servicer




Date: June 30, 1997               /s/ Marvin T. Runyon               
                            Name:  Marvin T. Runyon, III
                            Title: Senior Vice President

                           INDEX TO EXHIBITS




          Exhibit No.         Description                   


              20.1       Servicer's Certificate for the      
                            month of May, 1997


              20.2       Trustee's Statement for the         
                            month of May, 1997