Item 7.01 Regulation FD Disclosure

On November 21, 2008, Citizens South Banking Corporation issued a press release to announce that it had applied for the sale of up to $20 million of preferred stock and warrants to the U.S. Treasury under the Capital Purchase Program of the Emergency Economic Stabilization Act of 2008. The text of the press release is included as Exhibit 99.1 to this report. The information included in the text and financial supplements of the press releases is considered to be "furnished" under the Securities Exchange Act of 1934.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

99.1 Citizens South Banking Corporation Applies for Funds Under U.S. Treasury Capital Asset Purchase Program