8-K

                      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




                                 May 18, 2004
______________________________________________________________________________
                       (Date of earliest event reported)



                               CFS Bancorp, Inc.
______________________________________________________________________________
             (Exact name of registrant as specified in its charter)



      Delaware                       000-24611            35-2042093
______________________________________________________________________________
(State or other jurisdiction  (Commission File Number)  (IRS Employer
of incorporation)                                       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, former address and former fiscal year, if changed since last
report)


ITEM  7.    Financial Statements, Pro Forma Financial Information and Exhibits
            __________________________________________________________________

            (a)  Not applicable.
            (b)  Not applicable.
            (c)  Exhibits

                 The following exhibit is filed herewith.

            Exhibit Number           Description
            ______________           ___________

               99.1           Press Release dated May 18, 2004



ITEM 9.   Regulation FD Disclosure
          ________________________

     On May 18, 2004, CFS Bancorp, Inc. (the "Company") issued a press release
announcing the election to the Company's Board of Directors of Joyce M. Simon
and Robert R. Ross. For additional information, reference is made to the
Company's press release dated May 18, 2004 which is included as Exhibit 99.1
hereto and is incorporated herein by reference thereto.






















                                    2



                                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.

                                       CFS BANCORP, INC.



Date: May 19, 2004              By:  /s/ Brian L. Goins
                                     ________________________________________
                                     Brian L. Goins
                                     Vice President-Corporate Counsel


































                                    3

EX-99.1

                                                                  EXHIBIT 99.1


[CFS Bancorp, Inc. Letterhead]




May 18, 2004
FOR IMMEDIATE RELEASE

CONTACT:  Thomas F. Prisby, Chairman of the Board and Chief Executive Officer
          2l9-836-5500

                   CFS BANCORP ANNOUNCES THE ADDITION OF
        JOYCE M. SIMON AND ROBERT R. ROSS TO THE BOARD OF DIRECTORS

Munster, IN - May 18, 2004 - The Board of Directors of CFS Bancorp, Inc.
(NASDAQ: CITZ) is pleased to announce that Joyce M. Simon of Chicago, IL and
Robert R. Ross of Munster IN have been elected to its board of directors.
This represents an increase in the size of Company's Board from 8 to 10
directors.

Ms. Simon and Mr. Ross have served as directors of Citizens Financial
Services, FSB, the company's wholly-owned federal savings bank subsidiary,
since January 7, 2004.  They are both considered to be independent directors
under SEC and NASDAQ rules.

Joyce Simon joined the John G. Shedd Aquarium in 1992 as its first Chief
Financial Officer.  She is responsible for treasury, financial reporting, risk
management and accounting functions as well as information technology,
purchasing and ancillary services.

Robert Ross retired as a Senior Audit Partner from the international
accounting firm of Pricewaterhouse Coopers, LLP on December 31, 2003 after 35
years of serving a variety of national and multi-national private and
publicly-held clients in industries including oil and gas, general
manufacturing, steel-making and processing, heavy equipment manufacturing,
food processing and distribution, and financial and insurance services.

CFS Bancorp, Inc. is the parent of Citizens Financial Services, FSB, a $1.5
billion asset federal savings bank.  Citizens Financial Services 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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