EXHIBIT 23.4



                                                                    Exhibit 23.4

                         Consent of Independent Auditors



We consent to the reference to our firm under the caption "Experts" and to the
use of our report dated November 17, 2000, with respect to the consolidated
financial statements of Innes Street Financial Corporation for the year ended
September 30, 2000 included in the Pre-Effective Amendment No. 3 to Registration
Statement (Form S-1 No. 333-91498) and related Prospectus for the registration
of up to 4,600,000 shares of its common stock and the Form AC of Citizens South
Banking Corporation to be filed with the Securities and Exchange Commission and
the Office of Thrift Supervision.



                                            /s/ Ernst & Young LLP



Greensboro, North Carolina
August 13, 2002