CITZ Cfs Bancorp, Inc. (MM)

CFS Bancorp, Inc. (NASDAQ: CITZ) announced that on December 17, 2012, the Board of Directors declared a quarterly cash dividend of $.01 per share payable on January 25, 2013 to shareholders of record as of January 4, 2013. 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 20 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.

CONTACT: Daryl D. Pomranke President and Chief Executive Officer 219-513-5150 Jerry A. Weberling Executive Vice President and CFO 219-513-5103