UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
Schedule 13G
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
CSB Financial Group, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
126289107
(CUSIP Number)
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 1934 ("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).
CUSIP NO. 126289107
(1) Names of Reporting Persons and I.R.S. Identification Nos. of
Above Persons (entities only):
Centralia Savings Bank Employee Stock Ownership Trust
EIN 37-1347926
(2) Check the Appropriate Box if a Member of a Group (See
Instructions)
(a) [ ]
(b) [ ]
(3) SEC Use Only
(4) Citizenship or Place of Organization:
Illinois
Number of Shares Beneficially Owned by Each Reporting Person
with:
(5) Sole Voting Power 24,412
(6) Shared Voting Power None
(7) Sole Dispositive Power 24,412
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(8) Shared Dispositive Power None
(9) Aggregate Amount Beneficially Owned by Each Reporting Person:
24,412
(10) Check if the Aggregate Amount in Row 9 Excludes Certain Shares
(See Instructions)
Not Applicable.
(11) Percent of Class Represented by Amount in Row 9
2.9%
(12) Type of Reporting Person (See Instructions)
EP
SCHEDULE 13G
Item 1(a) Name of Issuer:
CSB Financial Group, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
200 South Poplar
Centralia, Illinois 62801
Item 2(a) Name of Person Filing:
Centralia Savings Bank Employee Stock Ownership Trust
Item 2(b) Address of Principal Business Office:
200 South Poplar
Centralia, Illinois 62801
Item 2(c) Citizenship:
Illinois
Item 2(d) Title of Class of Securities:
Common Stock
Item 2(e) CUSIP Number:
126289107
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Item 3 Check whether the person filing is a:
(b) X Bank as defined in Section 3(a)(6) of the Act.
Item 4 Ownership.
(a) Amount Beneficially Owned: 24,412
(b) Percent of Class: 2.9%
Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: 24,412
(ii) shared power to vote or to direct the vote: None
(iii) sole power to dispose or to direct
the disposition of: 24,412
(iv) shared power to dispose or to direct the
disposition of: None
Item 5 Ownership of Five Percent or Less of a Class.
As of July 22, 1997, the ESOP Trust ceased to be beneficial owner
of more than 5% of the Issuer's Common Stock.
Item 6 Ownership of More Than Five Percent on Behalf of Another
Person.
Not Applicable.
Item 7 Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on by the Parent
Holding Company.
Not Applicable.
Item 8 Identification and Classification of Members of the Group.
Not Applicable.
Item 9 Notice of Dissolution of Group.
Not Applicable.
Item 10 Certification.
By signing below, I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired in the
ordinary course of business and were not acquired for the purpose
of and do not have the effect of changing or influencing the
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control of the issuer of such securities and were not acquired in
connection with or as a participant in any transaction having
such purpose or effect.
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.
/s/ K. Gary Reynolds February 10, 1998
- -------------------------------- -------------------------
K. Gary Reynolds
Date
President, Centralia Savings Bank
Trustee for the Centralia Savings Bank
Employee Stock Ownership Trust
