8-K

UNITED STATES
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) February 16, 2010

Citizens South Banking Corporation
(Exact name of registrant as specified in its charter)

Delaware	0-23971	54-2069979
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

519 South New Hope Road, Gastonia, North Carolina	28054-4040
(Address of principal executive offices)	(Zip Code)

Registrant's telephone number, including area code:   704-868-5200

________________________________________________________________________________
(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:
	[   ]	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
	[   ]	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
	[   ]	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
	[   ]	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01. Other Events.

     On February 16, 2010, Citizens South Bank, the wholly-owned subsidiary of Citizens South Banking Corporation, issued a press release to announce that it had Kenneth A. Icenhour as its Chief Risk Officer. The text of the press release is included as Exhibit 99.1 to this report.

Item 9.01. Financial Statements and Exhibits.

(d)	Exhibits
	99.1 Press Release Announcing New Chief Risk Officer

SIGNATURE

    Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

		Citizens South Banking Corporation (Registrant)
February 16, 2010 (Date)	By:	/s/ KIM S. PRICE Kim S. Price President & Chief Executive Officer
	By:	/s/ GARY F. HOSKINS Gary F. Hoskins Chief Financial Officer

EXHIBIT INDEX

99.1 Press Release Announcing New Chief Risk Officer

EX-99.1

EXHIBIT 99.1

Photo Release -- Citizens South Bank Names Chief Risk Officer

Veteran Banker Tapped for Newly Created Position

GASTONIA, N.C. , Feb. 16, 2010 (GLOBE NEWSWIRE) -- Citizens South Bank (Nasdaq:CSBC) has named Kenneth A. Icenhour, a 28-year banking veteran, as executive vice president and chief risk officer. In the newly-created position, Icenhour will have overall responsibility for the bank's credit and risk management policies while also helping to evaluate potential acquisitions with assistance from the Federal Deposit Insurance Corporation.  

A photo accompanying this release is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7100

Icenhour joins Citizens South from SunTrust Bank in Nashville, TN, where he had been serving as senior vice president and credit risk manager. Throughout his career, Icenhour has held senior level credit and risk management positions in the southeastern operations of some of the nation's leading commercial banks.

"Ken is a proven leader and will add depth and experience to our already formidable credit team," said Kim S. Price, President and CEO of Citizens South. "In addition to providing valuable leadership in shaping and managing credit policy, Ken will help to position our company to capitalize on potential acquisitions resulting from FDIC actions related to troubled banking companies."

In his new position, Icenhour will report to Price, while Michael R. Maguire, chief credit officer for Citizens South, will continue in his current position, focusing on loan underwriting and reporting to Icenhour.

Prior to his banking career, Icenhour served on active duty with the U.S. Marine Corps primarily as a fighter pilot, but also as an air group's maintenance quality assurance officer and as an administrative and logistical officer of a fighter squadron. Icenhour continued in the USMC Reserve until 2004, achieving the rank of colonel. During his military service he received several medals and commendations, including the Meritorious Service Medal. He earned a Bachelor of Arts and a Master of Business Administration degree from the University of North Carolina at Chapel Hill.

About Citizens South Banking Corporation

Citizens South is the holding company for Citizens South Bank, which is headquartered in Gastonia, NC. At December 31, 2009, Citizens South had approximately $791.5 million in assets with 16 full-service offices in the Charlotte region, including Gaston, Iredell, Rowan, Mecklenburg, and Union counties in North Carolina, and York County, South Carolina. For more information, visit www.citizenssouth.com.

The Citizens South Banking Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7099

CONTACT:  Wrayward
          Dana Haydock
            704-926-1301
            dhaydock@wrayward.com
          Mark Brock
            704-926-1305
            mbrock@wrayward.com