By using solid-state reactions, we successfully synthesize new oxyselenides CsV2Se2−xO (x = 0, 0.5). These compounds containing V2O planar layers with a square lattice crystallize in the CeCr2Si2C structure with the space group of P 4/mmm. Another new compound V2Se2O which crystallizes in space group I4/mmm is fabricated by topochemical deintercalation of cesium from CsV2Se2O powder with iodine in tetrahydrofuran(THF). Resistivity measurements show a semiconducting behavior for CsV2Se2O, while a metallic behavior for CsV2Se1.5O, and an insulating feature for V2Se2O. A charge-or spin-density wave-like anomaly has been observed at 168 K for CsV2Se2O and 150 K for CsV2Se1.5O, respectively. And these anomalies are also confirmed by the magnetic susceptibility measurements. The resistivity in V2Se2O exhibits an anomalous log(1/T ) temperature dependence, which is similar to the case in parent phase or very underdoped cuprates indicating the involvement of strong correlation. Magnetic susceptibility measurements show that the magnetic moment per V-site in V2Se2O is much larger than that of CsV2Se2−xO, which again suggests the correlation induced localization effect in the former.