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)
                                March 24, 1997





                        MISSISSIPPI VIEW HOLDING COMPANY
- -------------------------------------------------------------------------------
             (Exact name of Registrant as specified in its Charter)



         Minnesota                  0-25346           41-1795363
- -----------------------------    -------------      -------------
(State or other jurisdiction    (SEC File No.)      (IRS Employer
     of incorporation)                             Identification
                                                       Number)


       35 East Broadway, Minnesota                      56345
- ----------------------------------------             ----------
(Address of principal executive offices)             (Zip Code)




Registrant's telephone number, including area code: (612) 632-5461
                                                    --------------




                                 Not Applicable
- -------------------------------------------------------------------------------
          (Former name or former address, if changed since last Report)








                       MISSISSIPPI VIEW HOLDING COMPANY

                     INFORMATION TO BE INCLUDED IN REPORT
                     ------------------------------------



Item 5.  Other Events
         ------------

      The Registrant announced that it had received the necessary approvals from
the Office of Thrift Supervision ("OTS") to implement a stock repurchase program
for up to  81,874  shares of common  stock  representing  up to 10% of the total
shares  outstanding.  It is anticipated that such shares of common stock will be
purchased  in the open market  from time to time  during the next twelve  months
based upon  availability,  market  price and the  financial  performance  of the
Registrant.

      For further  details,  reference is made to the Press  Release dated March
24, 1997, which is attached hereto as Exhibit 99 and incorporated herein by this
reference.


Item 7.   Financial Statements, Pro Forma Financial
          Information and Exhibits
          -----------------------------------------

      (c)   Exhibits:

            99    Press Release dated March 24, 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, thereunto duly authorized.


                                    MISSISSIPPI VIEW HOLDING COMPANY



Date:  March 27, 1997               By: /s/Thomas J. Leiferman
      ---------------                   ----------------------
                                        Thomas J. Leiferman
                                        President and Chief Executive
                                           Officer