Citizens Bancorp of Virginia, Inc.

UNITED STATES

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):  March 24, 2006

___________


CITIZENS BANCORP OF VIRGINIA, INC.

(Exact name of registrant as specified in its charter)


Virginia

(State or other jurisdiction

of incorporation)

000-50576

(Commission File Number)

20-0469337

(I.R.S. Employer

Identification No.)

   

126 South Main Street

Blackstone, Virginia

(Address of principal executive offices)


23824

(Zip Code)


Registrant’s telephone number, including area code: (434) 292-7221


Not Applicable

(Former name or former address, if changed since last report)



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:


o

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)


o

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)


o

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))


o

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))






Item 8.01

Other Events.


On March 24, 2006, the Company issued a press release announcing the declaration of a $0.16 per share dividend to shareholders of record on April 4, 2006 and payable on April 14, 2006.  A copy of the press release is attached as Exhibit 99.1 to this report and is incorporated by reference into this Item 8.01.



Item 9.01

Financial Statements and Exhibits.


(d)

Exhibits.  


Exhibit No.

Description


99.1

Press Release dated March 24, 2006






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 BANCORP OF VIRGINIA, INC.

 (Registrant)



Dated:  March 24, 2006

By: /s/ Ronald E. Baron

Ronald E. Baron

Vice President and Chief Financial Officer




EXHIBIT INDEX


Exhibit No.

Description


99.1

Press Release dated March 24, 2006.