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): May 17, 2010
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                       Citizens South Banking Corporation
                       ----------------------------------
               (Exact Name of Registrant as Specified in Charter)



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


519 South New Hope Road, Gastonia, North Carolina              28054-4040
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(Address of Principal Executive Offices)                       (Zip Code)

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

[  ] 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 CRF 240.13e-4(c))







Item 8.01  Other Events

     On May 17,  2010,  Citizens  South Bank,  the  wholly-owned  subsidiary  of
Citizens  South  Banking  Corporation,  announced  the hiring of Anthony  Newton
Stancil as Senior Vice President and North Georgia Market President.

Item 9.01  Financial Statements and Exhibits


               (a) Not Applicable.

               (b) Not Applicable.

               (c) Not Applicable

               (d) Exhibits.

Exhibit  99.1 Text of press  release  announcing  the hiring of  Anthony  Newton
Stancil as Senior Vice President and North Georgia Market President.

Exhibit 99.2 Severance Agreement with Anthony Newton Stancil dated May 17, 2010.


                                   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.

                                      CITIZENS SOUTH BANKING CORPORATION



DATE:  May 17, 2010                   By: /s/ Kim S. Price
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                                          Kim S. Price
                                          President and Chief Executive Officer