MUNSTER, IN -- (MARKET WIRE) -- 06/21/11 -- CFS Bancorp, Inc. (NASDAQ: CITZ) announced that the Board of Directors on June 20, 2011 declared a quarterly cash dividend of $0.01 per share payable on July 29, 2011 to shareholders of record on July 8, 2011. This dividend is unchanged from the prior quarter's dividend.

CFS Bancorp, Inc. is the parent of Citizens Financial Bank, a $1.1 billion asset federal savings bank. Citizens Financial Bank is an independent bank focusing its people, products, and services on helping individuals, businesses, and communities be successful. The Bank has 22 full service banking centers throughout adjoining markets in Chicago's Southland and Northwest Indiana. The Company's website can be found at www.citz.com.

Source: CFS Bancorp, Inc.