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<P ALIGN="CENTER">UNITED STATES<br>
SECURITIES AND EXCHANGE COMMISSION<br>
Washington, D.C. 20549</P>
<P ALIGN="CENTER">&nbsp;</P>
<B><P ALIGN="CENTER">FORM 8-K</P>
</B><P ALIGN="CENTER"></P>
<B><P ALIGN="CENTER">CURRENT REPORT</P>
</B>
<P ALIGN="CENTER">&nbsp;</P>
<P ALIGN="CENTER">Pursuant to Section 13 or 15(d) of<br>
the Securities Exchange Act of 1934</P>
<P ALIGN="CENTER">&nbsp;</P>
<P ALIGN="CENTER">Date of Report  (Earliest Event Reported)  <U>May 30, 2002 (May 30, 2002)</P>
</U><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">&nbsp;</P>
<U><P ALIGN="CENTER">Citizens Bancshares Corporation<br>
</U>(Exact Name of Registrant as<br>
Specified in its Charter)</P>
<P ALIGN="CENTER"></P>
<div align="center">
  <center>
<TABLE BORDER="0" CELLSPACING=0 CELLPADDING=2 WIDTH=604 style="border-collapse: collapse" bordercolor="#111111">
<TR><TD WIDTH="186" VALIGN="TOP" align="center">
<U><P>Georgia</U></TD>
<TD WIDTH="206" VALIGN="TOP" align="center">
<U><P>333-38509</U></TD>
<TD WIDTH="200" VALIGN="TOP" align="center">
<U><P>58-1631302</U></TD>
</TR>
<TR><TD WIDTH="186" VALIGN="TOP" align="center">
<P>(State or other jurisdiction</TD>
<TD WIDTH="206" VALIGN="TOP" align="center">
<P>(Commission</TD>
<TD WIDTH="200" VALIGN="TOP" align="center">
<P>(IRS Employer</TD>
</TR>
<TR><TD WIDTH="186" VALIGN="TOP" align="center">
<P>(of Incorporation)</TD>
<TD WIDTH="206" VALIGN="TOP" align="center">
<P>File Number)</TD>
<TD WIDTH="200" VALIGN="TOP" align="center">
<P>Identification Number)</TD>
</TR>
</TABLE>

  </center>
</div>

<P ALIGN="CENTER"></P>
<U><P ALIGN="CENTER">75 Piedmont Avenue, NE, Atlanta, Georgia 30302<br>
</U>(Address of principal executive offices)</P>
<P ALIGN="CENTER">&nbsp;</P>
<U><P ALIGN="CENTER">(404) 659-5959<br>
</U>(Registrant's Telephone Number)</P>
<P ALIGN="CENTER">&nbsp;</P>
<P ALIGN="CENTER">(Former name or former address, if changed since last report)</P>

<B>
<hr color="#000080">
<P>&nbsp;</P>
<P>Item 5.&#9;&#9;Other Events</P>
</B>
<P>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &#9;On May&nbsp;30, 2002, Citizens Bancshares Corporation ("Citizens") and its wholly-owned subsidiary, Citizens Trust Bank, entered into an agreement with CFS Bancshares, Inc. ("CFSB") and its wholly-owned subsidiary, Citizens Federal Savings Bank ("Citizens Federal") (both located in Birmingham, Alabama), providing for Citizens' acquisition of CFSB.  CFSB will be merged into Citizens and Citizens Federal will be merged into Citizens Trust Bank.  Under the terms of the Agreement, CFSB shareholders will receive cash in the amount of $64.62 in exchange for each share of CFSB common stock.  If the consummation of the merger is after August&nbsp;31, 2002, the per share merger consideration price will increase by $0.07 per share each month through December 2002.</P>

<P>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &#9;Consummation of the merger is subject to certain conditions, including approval by the shareholders of CFSB and regulatory approval.  The merger is expected to close prior to the end of the year.</P>

<B><P>Item 7.&#9;Financial Statements, Pro Forma Financial Information and Exhibits</P>
</B><DIR>
<DIR>
<DIR>

<P ALIGN="JUSTIFY"></P><DIR>
<DIR>

<P ALIGN="JUSTIFY">&#9;</P></DIR>
</DIR>
</DIR>
</DIR>
</DIR>

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<P ALIGN="JUSTIFY">(c)&#9;Exhibits.</P>
  </TD>
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&nbsp;</TD>
</TR>
<TR><TD WIDTH="26%" VALIGN="TOP">

&nbsp;
  </TD>
<TD WIDTH="74%" VALIGN="TOP">
&nbsp;</TD>
</TR>
<TR><TD WIDTH="26%" VALIGN="TOP">
<P ALIGN="JUSTIFY">99.1</TD>
<TD WIDTH="74%" VALIGN="TOP">
<P ALIGN="JUSTIFY">Agreement and Plan of Merger by and among Citizens Bancshares Corporation, Citizens Trust Bank, CFS Bancshares, Inc. and Citizens Federal Savings Bank dated May 30, 2002. .</TD>
</TR>
<TR><TD WIDTH="26%" VALIGN="TOP">&nbsp; </TD>
<TD WIDTH="74%" VALIGN="TOP">&nbsp;</TD>
</TR>
<TR><TD WIDTH="26%" VALIGN="TOP">
<P ALIGN="JUSTIFY">99.2</TD>
<TD WIDTH="74%" VALIGN="TOP">
<P ALIGN="JUSTIFY">Press release issued on May 30, 2002.</TD>
</TR>
</TABLE>


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<P>&nbsp;</P>
<hr color="#000080">
<P>&nbsp;</P>
<B><P ALIGN="CENTER">Signature</P>
</B>
<P>&nbsp;</P>
<P>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &#9;Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, Registrant has caused this report to be signed on its behalf by the undersigned hereunto duly authorized. </P>

<P>&nbsp;</P>
<P>&nbsp;</P>
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<P>&#9;&#9;&#9;&#9;&#9;CITIZENS BANCSHARES CORPORATION </P>

  </TD>
</TR>
<TR><TD VALIGN="TOP" width="404">
<P>By: /s/ James E. Young</TD>
</TR>
<TR><TD VALIGN="TOP" width="404">
<P>James E. Young</TD>
</TR>
<TR><TD VALIGN="TOP" width="404">
<P>President</TD>
</TR>
</TABLE>


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<P>Dated: <U>May 30, 2002</P>
</U>
<P>&nbsp;</P>

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Prepared by E-Services, LLC - www.edgar2.net
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  (Earliest Event Reported)
May 30, 2002 (May 30, 2002)
Citizens Bancshares Corporation
(Exact Name of Registrant as
Specified in its Charter)
Georgia
333-38509
58-1631302
(State or other jurisdiction
(Commission
(IRS Employer
(of Incorporation)
File Number)
Identification Number)
75 Piedmont Avenue, NE, Atlanta, Georgia 30302
(Address of principal executive offices)
(404) 659-5959
(Registrant's Telephone Number)
(Former name or former address, if changed since last report)
Item 5.		Other Events
On May 30, 2002, Citizens Bancshares Corporation ("Citizens") and its wholly-owned subsidiary, Citizens Trust Bank, entered into an agreement with CFS Bancshares, Inc. ("CFSB") and its wholly-owned subsidiary, Citizens Federal Savings Bank ("Citizens Federal") (both located in Birmingham, Alabama), providing for Citizens' acquisition of CFSB.  CFSB will be merged into Citizens and Citizens Federal will be merged into Citizens Trust Bank.  Under the terms of the Agreement, CFSB shareholders will receive cash in the amount of $64.62 in exchange for each share of CFSB common stock.  If the consummation of the merger is after August 31, 2002, the per share merger consideration price will increase by $0.07 per share each month through December 2002.
Consummation of the merger is subject to certain conditions, including approval by the shareholders of CFSB and regulatory approval.  The merger is expected to close prior to the end of the year.
Item 7.	Financial Statements, Pro Forma Financial Information and Exhibits
(c)	Exhibits.
99.1
Agreement and Plan of Merger by and among Citizens Bancshares Corporation, Citizens Trust Bank, CFS Bancshares, Inc. and Citizens Federal Savings Bank dated May 30, 2002. .
99.2
Press release issued on May 30, 2002.
Signature
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, Registrant has caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
CITIZENS BANCSHARES CORPORATION
By: /s/ James E. Young
James E. Young
President
Dated:
May 30, 2002