SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 3)
CITIZENS SECURITY GROUP INC.
(Name of taxpayer)
Common Stock, par value $.01
(Title of Class of Securities)
176672 10 3
(CUSIP Number)
Check the following box if a fee is being paid with this
statement (a fee is not required only if the filing person: (1)
has a previous statement on file reporting beneficial ownership
of more than five percent of the class of securities described in
Item 1; and (2) has filed no amendment subsequent thereto
reporting beneficial ownership of five percent or less of such
class.) (See Rule 13d.7.)
* The remainder of this cover page shall be filled out for a
reporting person's initial filing on this form with respect to
the subject class of securities, and for any subsequent amendment
containing information which would alter the disclosures provided
in a prior cover page.
The information required in the remainder of this cover page
shall not be deemed to be "filed" for the purpose of Section 18
of the Securities Exchange Act of 1954 ("Act") or otherwise
subject to the liabilities of that section of the Act but shall
be subject to all other provisions of the Act (however, see the
Notes).
(Continued on following pages)
Page 1 of 4
CUSIP NO. 176672103 13G
1. Reporting Person: Citizens Security Mutual Insurance
Company (41-0190580)
2. Check the appropriate box if a member of a group # (a)
(b)
3. SEC use
only:___________________________________________________
_________________________________________________________________
4. Citizenship or place of organization: Minnesota
Number of Shares Beneficially Owned by each Reporting Person
With:
5..Sole Voting Power: 0
6. Shared Voting Power: 0
7. Sole Dispositive Power: 0
8. Shared Dispositive Power: 0
9. Aggregate Amount Beneficially Owned by Each Reporting
Person: 0
10. Check Box if the Aggregate Amount in Row 9 Excludes Certain
Shares:
11. Percent of Class Represented by Amount in Row 9: 0%
12. Type of Reporting Person: IC
Page 2 of 4
SCHEDULE 13G
Item 1(a). Name of Issuer: Citizens Security Group Inc. (the
"Issuer")
Item 1(b). Address of Issuer's Principal Executive Offices:
406 Main Street, Red Wing, Minnesota 55066
Item 2(a). Name of Person Filing:
Citizens Security Mutual Insurance Company
Item 2(b). Address of Principal Business Office:
406 Main Street
Red Wing, Minnesota 55066
Item 2(c). Citizenship Organized in Minnesota
Item 2(d). Title of Class of Securities: Common Stock, $.01
par value
Item 2(e). CUSIP Number: 176672103
Item 3. Indemnification: Does not apply
Item 4. Ownership:
(a) Amount Beneficially Owned: 0
(b) Percent of Class 0%
(c) Number of Shares as to which Such Person Has:
( i) sole power to vote or to direct the vote: 0
( ii) shared power to vote or direct the vote: 0
(iii) sole power to dispose or to direct the disposition of: 0
Item 5. Ownership of Five Percent or Less of a Class: Does not apply
Item 6. Ownership of More than Five Percent on Behalf of Another Person:
Does not apply
Item 7. Identification and Classification of the Subsidiary
Which Acquired the Security Being Reported on by the Parent
Holding Company. Does not apply
Item 8. Identification and Classification of Members of the
Group. Does not apply
Item 9. Notice of Dissolution of Group. Does not apply
Item 10. Certification Does not apply
Page 3 of 4
SIGNATURE
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this
statement is true, complete and correct.
Citizens Security Mutual Insurance Company
Dated: August 9, 1996 By: s/J. Mark McKinzie_________________
J. Mark McKinzie, Vice President & Secretary
Page 4 of 4
