8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 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) April 23, 2007    

CFS BANCORP, INC.

(Exact Name of Registrant as Specified in Its Charter)

INDIANA

(State or Other Jurisdiction of Incorporation)

000-24611	35-2042093
(Commission File Number)	(IRS Employer Identification No.)

707 Ridge Road, Munster, Indiana	46321
(Address of Principal Executive Offices)	(Zip Code)

(219) 836-5500

(Registrant’s Telephone Number, Including Area Code)

Not Applicable

(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 (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

ITEM 5.02 Departure of Directors or Principal Officers: Election of Directors: Appointment of Principal Officers.

On April 23, 2007, CFS Bancorp, Inc. (the “Company”) announced that Daryl D. Pomranke has been named Executive Vice President - Chief Operating Officer of the Company and its wholly-owned subsidiary, Citizens Financial Bank, effective April 30, 2007. 

ITEM 7.01 Regulation FD Disclosure

On April 23, 2007, the Company issued a press release announcing the appointment of Daryl D. Pomranke as Executive Vice President - Chief Operating Officer.

Attached as Exhibit 99.1 is a copy of the Company’s press release related to the announcement. This press release is being furnished to the Securities and Exchange Commission and shall not be deemed to be “filed” for any purpose except otherwise provided herein.

ITEM 9.01 Financial Statements and Exhibits

(a) Not applicable.

(b) Not applicable.

(c) Exhibits

The following exhibit is filed herewith.

Exhibit Number   Description

99.1   Press Release dated April 23, 2007

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.

		CFS BANCORP, INC.
Date: April 23, 2007	By:	/s/ Joyce M. Fabisiak
		Joyce M. Fabisiak
		Vice President

EX-99.1

THOMAS F. PRISBY, CHAIRMAN 

CFS Bancorp, Inc.

707 Ridge Road  Munster, Indiana 46321

April 23, 2007

FOR IMMEDIATE RELEASE

CONTACT: Thomas F. Prisby, Chairman of the Board and Chief Executive Officer

219-836-5500

CFS Bancorp, Inc. Announces Daryl D. Pomranke, Chief Operating Officer

MUNSTER, IN - April 23, 2007 - CFS Bancorp, Inc. (NASDAQ: CITZ) (the Company) is pleased to announce that Daryl D. Pomranke, of Michigan City, IN, has been named Executive Vice President - Chief Operating Officer of the Company and its wholly-owned subsidiary Citizens Financial Bank, (the Bank) effective April 30, 2007.

Mr. Pomranke is a top performing business leader with a 16 year career in middle market and large corporate banks. He was a member of the Mercantile National Bank of Indiana/Harris N.A. Northwest Indiana Region executive team. During his tenure his duties included: Regional Financial Services Officer, Chief Financial Officer, Corporate Development, and Corporate Services including Corporate Lending, Cash Management Services, and Strategic Planning.

Mr. Pomranke will oversee Information Systems, Asset Management, Retail Loan Operations, Retail Office Management, Marketing, Human Resources, and Office Support at the Bank.

Mr. Pomranke graduated from Indiana University, BS with a degree in Business and is a Certified Public Accountant. He also serves as the Chairman of the Marquette Catholic High School Board of Trustees in Michigan City, Indiana.

CFS Bancorp, Inc. is the parent of Citizens Financial Bank, a $1.2 billion asset federal savings bank. Citizens Financial Bank is an independent bank that provides community banking services and currently operates 22 offices throughout adjoining markets in Chicago’s Southland and Northwest Indiana. The Company maintains a website at www.cfsbancorp.com.

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