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<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center><B>UNITED STATES</B></P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center><B>SECURITIES AND EXCHANGE COMMISSION</B></P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center><B>Washington, D.C. 20549</B></P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center><B>___________</B></P>
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<P style="margin:0pt; line-height:16pt; font-family:Times New Roman; font-size:14pt" align=center><B>FORM 8-K</B></P>
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<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center><B>CURRENT REPORT</B></P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center><B>Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</B></P>
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<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center>Date of Report (Date of earliest event reported): &nbsp;<B>September 27, 2005</B></P>
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<P style="margin:0pt; line-height:16pt; font-family:Times New Roman; font-size:14pt" align=center><B>CITIZENS BANCORP OF VIRGINIA, INC.</B></P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>(Exact name of registrant as specified in its charter)</P>
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<TABLE style="font-size:10pt" cellspacing=0 align=center><TR><TD valign=top width=208><P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center><B>Virginia</B></P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>(State or other jurisdiction</P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>of incorporation)</P>
</TD><TD valign=top width=208 colspan=2><P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center><B>000-50576</B></P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>(Commission File Number)</P>
</TD><TD valign=top width=232><P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=center><B>20-0469337</B> </P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>(I.R.S. Employer</P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>Identification No.)</P>
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<TR><TD valign=top width=208>&nbsp;</TD><TD valign=top width=208 colspan=2>&nbsp;</TD><TD valign=top width=232>&nbsp;</TD></TR>
<TR><TD valign=top width=312 colspan=2><P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center><B>126 South Main Street</B></P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center><B>Blackstone, Virginia</B></P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>(Address of principal executive offices)</P>
</TD><TD valign=top width=336 colspan=2><P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=center><BR></P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center><B>23824</B></P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>(Zip Code)</P>
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<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center>Registrant&#146;s telephone number, including area code: <B>(434) 292-7221</B></P>
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<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center><B>Not Applicable</B></P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>(Former name or former address, if changed since last report)</P>
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<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>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:</P>
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<P style="margin:0pt; text-indent:36pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</P>
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<P style="margin:0pt; text-indent:36pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</P>
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<P style="margin:0pt; text-indent:36pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</P>
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<P style="margin:0pt; text-indent:36pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</P>
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<B><P style="margin:0pt; padding-left:72pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.</B></P>
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<P style="margin:0pt; text-indent:36pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>On September 27, 2005, the Board of Directors of the Company elected Joseph D. Borgerding as President and Chief Executive Officer of the Company and Citizens Bank and Trust, the Company&#146;s wholly owned subsidiary (the &#147;Bank&#148;). &nbsp;Mr. Borgerding replaces Joseph M.H. Irby as President of the Company, and Mr. Irby will continue to serve as Chairman of the Company&#146;s Board of Directors.</P>
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<P style="margin:0pt; text-indent:36pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>The Board of Directors of the Company also elected Mr. Borgerding as a director of the Company on September 27, 2005.</P>
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<P style="margin:0pt; text-indent:36pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>Prior to his promotion, Mr. Borgerding, 47, was Vice President and acting Chief Executive Officer of the Bank. &nbsp;From March 2003 until October 2004, he served as Vice President/Senior Loan Officer of the Bank. &nbsp;From March 2002 to March 2003, he served as Vice President and City Executive for the area encompassing Blackstone and Kenbridge, Virginia for BB&amp;T of Virginia and, from August 2000 to March 2002, he served as Vice President/Manager of the Blackstone and Kenbridge offices of F&amp;M Bank.</P>
<P style="margin:0pt; text-indent:36pt; font-family:Times New Roman; font-size:12pt" align=justify><BR></P>
<P style="margin:0pt; text-indent:36pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>Due to his position with the Company prior to his promotion, the Company and Mr. Borgerding are parties to a Management Continuity Agreement dated March 28, 2003 (the &#147;Agreement&#148;). &nbsp;The Agreement automatically renewed on December 31, 2004 for a two-year term and will continue to automatically renew each December 31 thereafter for a rolling two-year term.</P>
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<P style="margin:0pt; text-indent:36pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>In the event of a Change in Control of the Company (as defined in the Agreement), the Company will continue to employ Mr. Borgerding until the third anniversary of the date of such Change in Control. &nbsp;The Agreement provides for the payment of base salary and an annual bonus to Mr. Borgerding following the Change in Control and entitles him to participate in the incentive, savings and retirement plans and welfare benefit plans of the Company. &nbsp;The Agreement also provides for certain benefits and payments to Mr. Borgerding in
the event of the termination of employment following a Change in Control. &nbsp;If his employment
terminates without &#147;Cause&#148; (as defined in the Agreement) or for &#147;Good Reason&#148; (as
defined in the Agreement), or if he terminates his employment in the 90-day period following the one-year
 anniversary of the Change in Control, Mr. Borgerding is entitled to receive (i) a lump sum payment of base salary, incentive or bonus compensation, bonus and other
 benefits and awards earned, but not paid, through the date of termination, (ii) a lump sum payment equal to one-half of his annual base salary in effect at the date of termination and (iii) the continuation of employee welfare benefits for 24 months following the date of termination. &nbsp;The Company will also compensate Mr. Borgerding for certain excise taxes that may be imposed on him in connection with such termination of employment. </P>
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<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center><B>SIGNATURES</B></P>
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<P style="margin:0pt; text-indent:36pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>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.</P>
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<P style="margin:0pt; padding-left:216pt; text-indent:26pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify><B>CITIZENS BANCORP OF VIRGINIA, INC.</B></P>
<P style="margin:0pt; text-indent:242pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=justify>(Registrant) </P>
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<P style="margin-top:0pt; margin-bottom:-14pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Dated: &nbsp;September 30, 2005</P>
<P style="margin-top:0pt; margin-bottom:-14pt; text-indent:242pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">By:</P>
<P style="margin:0pt; text-indent:260pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><U>/s/ Ronald E. Baron</U></P>
<P style="margin:0pt; padding-left:242pt; text-indent:18pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Ronald E. Baron</P>
<P style="margin:0pt; padding-left:242pt; text-indent:18pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Senior Vice President and Chief Financial Officer </P>
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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):
September 27, 2005
___________
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 5.02
Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.
On September 27, 2005, the Board of Directors of the Company elected Joseph D. Borgerding as President and Chief Executive Officer of the Company and Citizens Bank and Trust, the Company's wholly owned subsidiary (the "Bank").  Mr. Borgerding replaces Joseph M.H. Irby as President of the Company, and Mr. Irby will continue to serve as Chairman of the Company's Board of Directors.
The Board of Directors of the Company also elected Mr. Borgerding as a director of the Company on September 27, 2005.
Prior to his promotion, Mr. Borgerding, 47, was Vice President and acting Chief Executive Officer of the Bank.  From March 2003 until October 2004, he served as Vice President/Senior Loan Officer of the Bank.  From March 2002 to March 2003, he served as Vice President and City Executive for the area encompassing Blackstone and Kenbridge, Virginia for BB&T of Virginia and, from August 2000 to March 2002, he served as Vice President/Manager of the Blackstone and Kenbridge offices of F&M Bank.
Due to his position with the Company prior to his promotion, the Company and Mr. Borgerding are parties to a Management Continuity Agreement dated March 28, 2003 (the "Agreement").  The Agreement automatically renewed on December 31, 2004 for a two-year term and will continue to automatically renew each December 31 thereafter for a rolling two-year term.
In the event of a Change in Control of the Company (as defined in the Agreement), the Company will continue to employ Mr. Borgerding until the third anniversary of the date of such Change in Control.  The Agreement provides for the payment of base salary and an annual bonus to Mr. Borgerding following the Change in Control and entitles him to participate in the incentive, savings and retirement plans and welfare benefit plans of the Company.  The Agreement also provides for certain benefits and payments to Mr. Borgerding in
the event of the termination of employment following a Change in Control.  If his employment
terminates without "Cause" (as defined in the Agreement) or for "Good Reason" (as
defined in the Agreement), or if he terminates his employment in the 90-day period following the one-year
 anniversary of the Change in Control, Mr. Borgerding is entitled to receive (i) a lump sum payment of base salary, incentive or bonus compensation, bonus and other
 benefits and awards earned, but not paid, through the date of termination, (ii) a lump sum payment equal to one-half of his annual base salary in effect at the date of termination and (iii) the continuation of employee welfare benefits for 24 months following the date of termination.  The Company will also compensate Mr. Borgerding for certain excise taxes that may be imposed on him in connection with such termination of employment.
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:  September 30, 2005
By:
/s/ Ronald E. Baron
Ronald E. Baron
Senior Vice President and Chief Financial Officer