Item 7.01 Regulation FD Disclosure

On December 1, 2008, Citizens South Banking Corporation issued a press release to announce that it had received preliminary approval from the U.S. Treasury Department to invest in up to $20.5 million in preferred stock and $3.1 million in warrants under the Capital Purchase Program. 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 to Participate in the U.S. Treasury Capital Asset Purchase Program