UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D. C. 20549

                                    FORM 10-Q

(Mark One)

[X]           QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
                     OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended                       September 30, 2004
                               ------------------------------------------------

                                       OR

[ ]          TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d)
                     OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from ____________ to _______________

Commission File No. 0-50529

                             CHEVIOT FINANCIAL CORP.
--------------------------------------------------------------------------------
             (Exact name of registrant as specified in its charter)

     Federal                                                 56-2423720
----------------------------------                     ----------------------
(State or other jurisdiction of                           (I.R.S. Employer
incorporation or organization)                          Identification Number)

                  3723 Glenmore Avenue, Cincinnati, Ohio 45211
--------------------------------------------------------------------------------
                     (Address of principal executive office)

Registrant's telephone number, including area code: (513) 661-0457

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by  Sections  13 or 15(d)  of the  Securities  Exchange  Act of 1934
during the preceding 12 months (or for such shorter  period that the  registrant
was  required  to file such  reports)  and (2) has been  subject to such  filing
requirements for the past 90 days.

Yes [X]           No  [   ]

Indicate  by check mark  whether  the  registrant  is an  accelerated  filer (as
defined in Rule 12b-2 of the Exchange Act).

Yes [   ]         No  [X]

As of November 1, 2004, the latest  practicable  date,  9,918,751  shares of the
registrant's common stock, $.01 par value, were issued and outstanding.

                                    1 of 18

<PAGE>

                               INDEX

                                                                            Page

PART I   -  FINANCIAL INFORMATION

        Consolidated Statements of Financial Condition                        3

        Consolidated Statements of Earnings                                   4

        Consolidated Statements of Cash Flows                                 5

        Notes to Consolidated Financial Statements                            7

        Management's Discussion and Analysis of
        Financial Condition and Results of
        Operations                                                            9

        Quantitative and Qualitative Disclosures about
        Market Risk                                                          14

        Controls and Procedures                                              15

PART II  -        OTHER INFORMATION                                          16

SIGNATURES                                                                   18

                                       2

<PAGE>
<TABLE>
<CAPTION>

                             Cheviot Financial Corp.

                 CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION

                                   (Unaudited)
                        (In thousands, except share data)

                                                                                        September 30,        December 31,
         ASSETS                                                                              2004                2003

<S>                                                                                      <C>                 <C>
Cash and due from banks                                                                  $    2,722          $    3,979
Federal funds sold                                                                              823              69,267
Interest-earning deposits in other financial institutions                                     2,266              10,530
                                                                                          ---------            --------
         Cash and cash equivalents                                                            5,811              83,776

Investment securities held to maturity:
  U.S. Government and agency obligations - at cost, approximate market value of
    $26,883 and $17,044 at
    September 30, 2004 and December 31, 2003, respectively                                   27,005              17,035
  Municipal obligations - at cost, approximate market value of
    $102 and $103 at September 30, 2004 and December 31, 2003, respectively                     100                 100
Mortgage-backed securities held to maturity - at cost, approximate
  market value of $31,102 and $21,808 at September 30, 2004 and
  December 31, 2003, respectively                                                            30,994              21,804
Loans receivable - net                                                                      203,588             186,424
Loans held for sale - at lower of cost or market                                                186                 429
Real estate acquired through foreclosure - net                                                  333                  46
Office premises and equipment - at depreciated cost                                           2,781               2,910
Federal Home Loan Bank stock - at cost                                                        2,878               2,792
Accrued interest receivable on loans                                                            764                 655
Accrued interest receivable on mortgage-backed securities                                        82                  71
Accrued interest receivable on investments and interest-earning deposits                        270                 195
Prepaid expenses and other assets                                                               324               1,162
                                                                                         ----------           ---------

         Total assets                                                                      $275,116            $317,399
                                                                                            =======             =======

         LIABILITIES AND SHAREHOLDERS' EQUITY

Deposits                                                                                   $179,141            $267,927
Advances from the Federal Home Loan Bank                                                     16,695               9,206
Advances by borrowers for taxes and insurance                                                   651                 922
Accounts payable and other liabilities                                                        1,089                 901
Accrued federal income taxes                                                                    255                 259
Deferred federal income taxes                                                                   199                 317
                                                                                         ----------          ----------
         Total liabilities                                                                  198,030             279,532

Shareholders' equity
  Preferred stock - authorized 5,000,000 shares, $.01 par value; none issued                     -                   -
  Common stock - authorized 30,000,000 shares, $.01 par value;
    9,918,751 shares issued and outstanding at September 30, 2004                                99                  -
  Additional paid-in capital                                                                 42,746                  -
  Shares acquired by employee stock ownership plan                                           (3,571)                 -
  Retained earnings - restricted                                                             37,812              37,867
                                                                                           --------            --------

         Total shareholders' equity                                                          77,086              37,867
                                                                                           --------            --------

         Total liabilities and shareholders' equity                                        $275,116            $317,399
                                                                                            =======             =======
</TABLE>

See accompanying notes to consolidated financial statements.
                                       3


<PAGE>

<TABLE>
<CAPTION>

                             Cheviot Financial Corp.

                       CONSOLIDATED STATEMENTS OF EARNINGS
                                   (Unaudited)
                      (In thousands, except per share data)

                                                                          Nine months ended            Three months ended
                                                                            September 30,                September 30,
                                                                        2004         2003              2004          2003
Interest income
<S>                                                                    <C>          <C>               <C>          <C>
  Loans                                                                $8,320       $8,613            $2,876       $2,789
  Mortgage-backed securities                                              595          633               228          178
  Investment securities                                                   547          223               224           67
  Interest-earning deposits and other                                     153          198                20           58
                                                                       ------       ------           -------      -------
         Total interest income                                          9,615        9,667             3,348        3,092

Interest expense
  Deposits                                                              2,457        3,186               801          964
  Borrowings                                                              410          359               190          112
                                                                       ------       ------            ------       ------
         Total interest expense                                         2,867        3,545               991        1,076
                                                                        -----        -----            ------        -----
         Net interest income                                            6,748        6,122             2,357        2,016
Provision for losses on loans                                              -           290                -            15
                                                                        -----       ------             -----      -------
         Net interest income after provision for losses on loans        6,748        5,832             2,357        2,001

Other income
  Gain on sale of loans                                                    59           52                26           23
  Loss on sale of real estate acquired through foreclosure                (13)         (28)               -           (15)
  Other operating                                                         152          253                55           55
                                                                       ------       ------           -------      -------
         Total other income                                               198          277                81           63

General, administrative and other expense
  Employee compensation and benefits                                    2,415        2,015               811          603
  Occupancy and equipment                                                 304          276                93           93
  Property, payroll and other taxes                                       497          452               160          145
  Data processing                                                         175          164                56           55
  Legal and professional                                                  240          146                74           49
  Advertising                                                             117          109                39           37
  Charitable contribution                                               1,500           -                 -            -
  Other operating                                                         376          347               119          109
                                                                       ------       ------            ------       ------
         Total general, administrative and other expense                5,624        3,509             1,352        1,091
                                                                        -----        -----             -----        -----

         Earnings before income taxes                                   1,322        2,600             1,086          973

Federal income taxes
  Current                                                                 826        1,067               320          364
  Deferred                                                               (118)        (180)               50          (34)
                                                                       ------       ------           -------      -------
         Total federal income taxes                                       708          887               370          330
                                                                       ------       ------            ------       ------

         NET EARNINGS                                                 $   614       $1,713           $   716      $   643
                                                                       ======        =====            ======       ======

         EARNINGS PER SHARE
           Basic                                                         $.06          N/A              $.07         N/A
                                                                         ===           ===               ===         ===

           Diluted                                                      $.06           N/A              $.07         N/A
                                                                         ===           ===               ===         ===

           Dividends declared per share                                 $.15           N/A              $.05         N/A
                                                                         ===           ===               ===         ===

</TABLE>

See accompanying notes to consolidated financial statements.

                                       4
<PAGE>
<TABLE>
<CAPTION>


                             Cheviot Financial Corp.

                      CONSOLIDATED STATEMENTS OF CASH FLOWS

                     For the nine months ended September 30,
                                   (Unaudited)
                                 (In thousands)

                                                                                               2004                2003
Cash flows from operating activities:
<S>                                                                                       <C>                  <C>
  Net earnings for the period                                                             $     614            $  1,713
  Adjustments to reconcile net earnings to net cash
  provided by (used in) operating activities:
    Amortization of premiums and discounts on investment
      and mortgage-backed securities, net                                                       113                  61
    Depreciation                                                                                173                 169
    Amortization of deferred loan origination (fees) costs - net                                 20                (142)
    Proceeds from sale of loans in the secondary market                                       2,727               2,018
    Loans originated for sale in the secondary market                                        (2,482)             (1,982)
    Gain on sale of loans                                                                       (59)                (52)
    Loss on sale of real estate acquired through foreclosure                                     13                  28
    Federal Home Loan Bank stock dividends                                                      (86)                (81)
    Provision for losses on loans                                                                -                  290
    Increase (decrease) in cash due to changes in:
      Accrued interest receivable on loans                                                     (109)                (65)
      Accrued interest receivable on mortgage-backed securities                                 (11)                 35
      Accrued interest receivable on investments and interest-earning deposits                  (75)                151
      Prepaid expenses and other assets                                                         838                (714)
      Accounts payable and other liabilities                                                    188                  91
      Federal income taxes
        Current                                                                                  (4)                240
        Deferred                                                                               (118)               (180)
                                                                                           --------            --------
         Net cash provided by operating activities                                            1,742               1,580

Cash flows provided by (used in) investing activities:
  Principal repayments on loans                                                              31,605              40,843
  Loan disbursements                                                                        (48,399)            (49,204)
  Purchase of U.S. Government and agency obligations                                        (26,012)                 -
  Proceeds from maturity of U.S. Government and agency obligations                           16,000                  -
  Purchase of mortgage-backed securities                                                    (13,940)             (2,000)
  Principal repayments on mortgage-backed securities                                          4,681               7,096
  Additions to real estate acquired through foreclosure                                          -                  (17)
  Proceeds from sale of real estate acquired through foreclosure                                 33                 146
  Purchase of office premises and equipment                                                     (44)               (100)
                                                                                          ---------            --------
         Net cash used in investing activities                                              (36,742)             (3,236)

Cash flows provided by (used in) financing activities:
  Net increase (decrease) in deposits                                                       (88,787)              3,352
  Proceeds from FHLB advances                                                                 9,000                  -
  Repayments on Federal Home Loan Bank advances                                              (1,512)             (1,621)
  Advances by borrowers for taxes and insurance                                                (271)               (247)
  Proceeds from issuance of common stock                                                     39,274                  -
  Dividends paid on common stock                                                               (669)                 -
                                                                                           --------             -------
         Net cash provided by (used in) financing activities                                (42,965)              1,484
                                                                                             ------             -------

Net decrease in cash and cash equivalents                                                   (77,965)               (172)

Cash and cash equivalents at beginning of period                                             83,776              19,379
                                                                                             ------              ------

Cash and cash equivalents at end of period                                                 $  5,811             $19,207
                                                                                            =======              ======
</TABLE>
See accompanying notes to consolidated financial statements.

                                       5
<PAGE>

<TABLE>
<CAPTION>

                             Cheviot Financial Corp.

                CONSOLIDATED STATEMENTS OF CASH FLOWS (CONTINUED)

                     For the nine months ended September 30,
                                   (Unaudited)
                                 (In thousands)


                                                                                               2004                2003

Supplemental disclosure of cash flow information: Cash paid during the period
  for:
<S>                                                                                         <C>                 <C>
    Federal income taxes                                                                    $   630             $   392
                                                                                             ======              ======

    Interest on deposits and borrowings                                                      $2,867              $3,545
                                                                                              =====               =====


Supplemental disclosure of noncash investing activities:
  Transfers from loans to real estate acquired through foreclosure                          $   333              $   -
                                                                                             ======               =====
</TABLE>

See accompanying notes to consolidated financial statements.
                                      6


<PAGE>

                             Cheviot Financial Corp.

                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

         For the nine and three months ended September 30, 2004 and 2003


1.   Basis of Presentation

Mutual  Holding  Company  Reorganization.  For the nine and three month  periods
ended September 30, 2003,  Cheviot Savings Bank (the "Savings Bank") operated as
a state-chartered mutual financial  institution.  On June 24, 2003, the Board of
Directors of the Savings Bank  adopted a Plan of  Reorganization  (the "Plan" or
the  "Reorganization")  pursuant to which the Savings  Bank  reorganized  into a
two-tier  mutual holding  company  structure with the  establishment  of a stock
holding  company,   Cheviot   Financial  Corp.   ("Cheviot   Financial"  or  the
"Corporation"), as parent of the Savings Bank, and the Savings Bank converted to
the stock form of ownership and issued all the Savings Bank's  outstanding stock
to Cheviot Financial Corp. The Reorganization was completed effective January 5,
2004. Pursuant to the Plan, Cheviot Financial Corp. sold 4,388,438 common shares
in a minority stock offering,  representing approximately 44% of its outstanding
common stock, at $10.00 per share, to the Savings Bank's  depositors and a newly
formed Employee Stock Ownership Plan ("ESOP").  The net proceeds of the offering
were approximately $39.3 million.  In addition,  75,000 shares, or approximately
one percent of its outstanding  shares,  were issued to a charitable  foundation
established by Cheviot  Savings Bank. The remaining  5,455,313  shares of common
stock,  or 55.0% of the  outstanding  common  stock of Cheviot  Financial,  were
issued to Cheviot Mutual Holding Company, the federally chartered mutual holding
company of Cheviot Financial Corp.

The accompanying unaudited financial statements were prepared in accordance with
instructions  for Form  10-Q  and,  therefore,  do not  include  information  or
footnotes necessary for a complete  presentation of financial position,  results
of operations and cash flows in conformity with accounting  principles generally
accepted  in  the  United  States  of  America.  Accordingly,   these  financial
statements should be read in conjunction with the financial statements and notes
thereto of the Corporation for the year ended December 31, 2003. However, in the
opinion of management,  all  adjustments  (consisting  of only normal  recurring
accruals)  which  are  necessary  for  a  fair  presentation  of  the  financial
statements have been included.  The results of operations for the nine and three
month periods ended  September 30, 2004, are not  necessarily  indicative of the
results which may be expected for the entire year.

2.   Principles of Consolidation

The accompanying  consolidated  financial  statements as of and for the nine and
three months ended  September 30, 2004,  include the accounts of the Corporation
and its wholly-owned subsidiary,  the Savings Bank. All significant intercompany
items have been eliminated. The accompanying financial statements as of December
31, 2003 and for the nine- and three-month periods ended September 30, 2003, are
comprised of the Savings Bank only.

3.   Earnings Per Share

Basic  earnings  per share is computed  based upon the  weighted-average  common
shares  outstanding  during  the  period  less  shares  in  the  ESOP  that  are
unallocated  and not  committed to be released.  Weighted-average  common shares
deemed  outstanding,  which gives  effect to 357,075  unallocated  ESOP  shares,
totaled  9,561,676 for each of the nine and three month periods ended  September
30, 2004.

Diluted earnings per share is computed taking into  consideration  common shares
outstanding and dilutive potential common share equivalents. The Corporation had
no dilutive or potentially  dilutive  securities during the nine and three month
periods ended September 30, 2004.

                                       7
<PAGE>


                             Cheviot Financial Corp.

             NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)

         For the nine and three months ended September 30, 2004 and 2003


3.   Earnings Per Share (continued)

The provisions of SFAS No. 128,  "Earnings Per Share," are not applicable to the
nine and three month periods  ended  September 30, 2003, as the Savings Bank had
not completed its mutual holding company reorganization until January 5, 2004.

4.   Effects of Recent Accounting Pronouncements

In December 2003, the Financial  Accounting  Standards Board (the "FASB") issued
FASB Interpretation No. 46(R) ("FIN 46(R)"), "Consolidation of Variable Interest
Entities." FIN 46(R) requires a variable interest entity to be consolidated by a
company if that  company  is subject to a majority  of the risk of loss from the
variable interest  entity's  activities or entitled to receive a majority of the
entity's  residual returns,  or both. FIN 46(R) also requires  disclosures about
variable interest entities that a company is not required to consolidate, but in
which it has a significant variable interest. The consolidation  requirements of
FIN 46(R) apply  immediately to variable interest entities created after January
31, 2003. The consolidation requirements of FIN 46(R) apply to existing entities
in the first fiscal year ending after  December 15, 2004. The  Corporation  does
not have any variable interest entities, therefore the adoption of FIN 46(R) had
no material effect on the Corporation's financial statements.

In March 2004, the Emerging  Issues Task Force  ("EITF")  issued EITF 03-01 "The
Meaning  of  Other-than-Temporary  Impairment  and its  Application  to  Certain
Investments."   EITF  03-01  requires  that  unrealized   losses  on  investment
securities that are deemed  other-than-temporary be recorded as an adjustment to
earnings.  The  Statement  applies  both  to  securities  designated  as held to
maturity and those  designated as available for sale.  EITF 03-01  provides that
unrealized losses may be viewed as other-than-temporary as a result not only due
to deterioration of the credit quality of the issuer,  but due to changes in the
interest rate  environment as well. An investor must be able to demonstrate  the
positive ability and intent to hold such securities until a forecasted  recovery
takes place or until  maturity of the  security.  EITF 03-01  requires  separate
disclosure  related to  unrealized  losses for  securities  that have been in an
unrealized  loss  position for a period of less than twelve months and for those
that have been in an unrealized  loss position for a period  greater than twelve
months,  for  financial  statements  issued for years ending after  December 15,
2003. In September 2004, the FASB issued a final FASB Staff  Position,  FSP EITF
Issue  03-01-1,  which has delayed the effective  date for the  measurement  and
recognition  guidance of EITF 03-01.  The comment  period  related to this staff
position  ended  October 29,  2004.  The  implementation  date is unknown  until
further  guidance is issued by the FASB. We are currently  evaluating the impact
of adopting EITF 03-01.

In March 2004, the FASB issued a proposed Statement,  "Share-Based  Payment," an
amendment  of  FASB  Statement  No.  123  and APB No.  95,  that  addresses  the
accounting for share-based payment  transactions in which an enterprise receives
employee  services in exchange for (a) equity  instruments  of the enterprise or
(b)  liabilities  that are based on the fair  value of the  enterprise's  equity
instruments  or that may be settled by the issuance of such equity  instruments.
The proposed  Statement  would  eliminate the ability to account for share-based
compensation transactions,  including stock option grants, using APB Opinion No.
25,  "Accounting  for Stock Issued to  Employees,"  and generally  would require
instead that such transactions be accounted for using a fair-value-based method.
Issuance of the final  standards  and adoption by Cheviot,  post-Reorganization,
would be  expected  to result in  recognition  of  compensation  expense for the
effect of stock option grants in future periods.

                                       8


<PAGE>


                             Cheviot Financial Corp.

ITEM 2. MANAGEMENT'S  DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
        OF OPERATIONS


Forward Looking Statements

This  quarterly  report  contains  forward-looking  statements,   which  can  be
identified  by the use of such  words as  estimate,  project,  believe,  intend,
anticipate,  plan, seek, expect and similar expressions.  These  forward-looking
statements are subject to significant risks,  assumptions and uncertainties that
could   affect  the  actual   outcome  of  future   events.   Because  of  these
uncertainties,  our actual future  results may be materially  different from the
results indicated by these forward-looking statements.

Discussion  of Financial  Condition  Changes from December 31, 2003 to September
30, 2004

Total assets  decreased $42.3 million,  or 13.3%, to $275.1 million at September
30, 2004, from $317.4 million at December 31, 2003. The decrease in total assets
reflected cash refunds to  subscribers  for  over-subscribed  and unfilled stock
orders in the Corporation's  minority stock offering.  The Corporation completed
its minority stock offering on January 5, 2004.

Cash,  federal  funds  sold and  interest-earning  deposits  in other  financial
institutions decreased $78.0 million, or 93.1%, to $5.8 million at September 30,
2004,  from the $83.8  million  total at December  31,  2003.  The cash and cash
equivalents  total at December  31,  2003,  included  funds  received  for stock
subscription  orders in December  2003.  The  Corporation's  stock  offering was
oversubscribed and in January 2004 and subsequently,  $36.1 million was refunded
for unfilled stock orders. In addition, cash, federal funds and interest-earning
deposits were invested in higher yielding investments subsequent to our minority
offering.  Investment  securities  increased  $10.0 million,  or 58.2%, to $27.1
million at September 30, 2004,  from $17.1 million at December 31, 2003.  During
the nine months  ended  September  30,  2004,  investment  securities  purchases
consisted of $26.0 million of U.S. Government and agency obligations, which were
partially  offset  by  $16.0  million  of  maturities.  All  of  our  investment
securities are classified as held to maturity.

Mortgage-backed securities increased $9.2 million, or 42.1%, to $31.0 million at
September  30, 2004,  from $21.8  million at December 31, 2003.  The increase in
mortgage-backed  securities  was due  primarily to $13.9  million of  purchases,
which were partially  offset by principal  prepayments  and repayments  totaling
$4.7 million. All mortgage-backed securities are classified as held to maturity.

Loans  receivable,  including loans held for sale,  increased $16.9 million,  or
9.1%,  to $203.8  million at September  30, 2004,  from  December 31, 2003.  The
increase resulted from loan  originations of $50.9 million,  partially offset by
loan repayments of $31.3 million and sales of $2.7 million. The increase in loan
originations  include  $13.8 million in loan  originations  from our new lending
office in Mason, Ohio which opened in March 2004.

The  allowance  for loan  losses  decreased  $36,000  or 4.7%,  to  $732,000  at
September 30, 2004, from $768,000, at December 31, 2003. The decrease was due to
charge-offs  of loans and the  transfer of  collateral  to real estate  acquired
through  foreclosure.  In  determining  the adequacy of the  allowance  for loan
losses  at any point in time,  management  and the  board of  directors  apply a
systematic  process  focusing on the risk of loss in the portfolio.  First,  the
loan portfolio is segregated by loan types to be evaluated collectively and loan
types to be evaluated individually. Delinquent multi-family and commercial loans
are evaluated  individually  for potential  impairments in their carrying value.
The analysis  resulted in no additional  provision to the allowance at September
30, 2004.

                                       9

<PAGE>

                             Cheviot Financial Corp.

           MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
                      AND RESULTS OF OPERATIONS (CONTINUED)


Discussion  of Financial  Condition  Changes from December 31, 2003 to September
30, 2004 (continued)

Second,  the  allowance  for loan losses  entails  utilizing  our historic  loss
experience by applying such loss percentage to the loan types to be collectively
evaluated  in the  portfolio.  This  segment of the loss  analysis  resulted  in
assigning no  additional  allowance at September  30, 2004.  The analysis of the
allowance for loan losses  requires an element of judgment and is subject to the
possibility  that the allowance may need to be increased,  with a  corresponding
reduction  in earnings.  To the best of  management's  knowledge,  all known and
inherent losses that are probable and that can be reasonably estimated have been
recorded at September 30, 2004.

Non-performing and impaired loans totaled $131,000 and $462,000 at September 30,
2004 and December 31, 2003,  respectively.  At September 30, 2004, nonperforming
and  impaired  loans  were  comprised  of loans  secured  by one-to  four-family
residential  real  estate  totaling  $131,000.  The  allowance  for loan  losses
represented  558.8% and 166.2% of non-performing and impaired loans at September
30, 2004 and December 31, 2003, respectively.  Although management believes that
its  allowance  for loan losses  conforms  with  generally  accepted  accounting
principles  based upon the available  facts and  circumstances,  there can be no
assurance  that  additions  to the  allowance  will not be  necessary  in future
periods, which would adversely affect our results of operations.

Deposits  decreased $88.8 million,  or 33.1%, to $179.1 million at September 30,
2004,  from the $267.9  million at December 31, 2003. The decrease was comprised
of a $72.4 million  decrease in  transaction  accounts,  primarily  representing
funds received for stock  subscription  orders,  and a $9.9 million  decrease in
certificates of deposit.  Upon  consummation of the stock offering on January 5,
2004, the Savings Bank refunded  approximately $36.1 million for over-subscribed
stock  subscription  orders.  Advances  from  the  Federal  Home  Loan  Bank  of
Cincinnati  increased by $7.5 million,  or 81.3%,  to $16.7 million at September
30, 2004,  from $9.2 million at December 31, 2003.  The increase in advances was
due primarily to  management's  decision to fund loan  originations at the Mason
lending center with advances to lock in a positive interest rate spread.

Shareholders'  equity  increased $39.2 million,  or 103.6%,  to $77.1 million at
September  30,  2004,  from $37.9  million at December  31,  2003.  The increase
resulted  primarily  from the $39.3  million of proceeds (net of $1.7 million of
offering costs and the costs of  contributions  to the employee stock  ownership
plan) from the  Corporation's  stock offering and net earnings during the period
of  $614,000,  which  were  partially  offset  by  dividends  paid of  $669,000.
Approximately  $960,000 of offering  costs were included  within other assets at
December 31, 2003.

Cheviot Savings Bank is required to maintain minimum regulatory capital pursuant
to federal  regulations.  At September 30, 2004, the Savings  Bank's  regulatory
capital substantially exceeded all minimum regulatory capital requirements.


Comparison of Operating  Results for the Nine-Month  Periods Ended September 30,
2004 and 2003
--------------------------------------------------------------------------------

General

The Corporation had net earnings of $614,000 for the nine months ended September
30,  2004,  compared to $1.7  million in net  earnings for the nine month period
ended  September 30, 2003. The decrease in net earnings was due primarily to the
recognition  of $1.5  million in  expense  related  to the  contribution  to the
Cheviot Savings Bank  Charitable  Foundation.  Management  elected to contribute
$1.5 million to the newly-formed  charitable foundation,  consisting of $750,000
in cash  contributed  by  Cheviot  Savings  Bank and  75,000  shares of  Cheviot
Financial Corp. common stock. Excluding the $1.2 million after-tax effect of the
contribution, the Corporation's net earnings for the

                                       10

<PAGE>


                             Cheviot Financial Corp.

           MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
                      AND RESULTS OF OPERATIONS (CONTINUED)


Comparison of Operating  Results for the Nine-Month  Periods Ended September 30,
2004 and 2003 (continued)
-------------------------------------------------------------------------------

General (continued)

nine month period ended September 30, 2004 totaled $1.8 million,  an increase of
$146,000, or 8.5%, over the same period in 2003. This increase was due primarily
to a $626,000  increase in net  interest  income and a $290,000  decrease in the
provision for losses on loans, which were partially offset by a $79,000 decrease
in other  income and a $615,000  increase in general,  administrative  and other
expense. Management believes that presentation of financial results exclusive of
the one-time expense for the charitable  contribution provides an additional and
useful comparison of the  Corporation's  current results of operations with past
and future periods.

Net Interest Income

Total  interest  income  decreased by $52,000,  or 0.5%, to $9.6 million for the
nine-month  period  ended  September  30,  2004,  from $9.7 million for the same
period in 2003.  Interest income on loans decreased  $293,000,  or 3.4%, to $8.3
million  during the 2004 period,  from $8.6  million for the 2003  period.  This
decline was due primarily to a 56 basis point  decrease in the  weighted-average
yield on loans,  to 5.69% for the 2004  period  from 6.25% for the 2003  period,
which was partially offset by an $11.3 million, or 6.1%, increase in the average
balance of loans outstanding.

Interest income on mortgage-backed  securities  decreased  $38,000,  or 6.0%, to
$595,000  from  $633,000  due  primarily  to a 102 basis  point  decrease in the
average  yield,  partially  offset by a $6.3  million  increase  in the  average
balance  year to  year.  Interest  income  on  investment  securities  increased
$324,000,  or 145.3%,  to $547,000 for the nine months ended September 30, 2004,
from $223,000 for the same period in 2003, due primarily to a $21.2 million,  or
226.7%, increase in the average balance outstanding,  which was partially offset
by a 79 basis point  decrease in the average  yield to 2.38% in the 2004 period.
Interest  income on other  interest-earning  deposits  decreased by $45,000,  or
22.7%,  to $153,000  during the nine  months  ended  September  30,  2004,  from
$198,000  for the same  period in 2003,  due  primarily  to a  decrease  of $4.4
million, or 22.7%, in the average balance of interest-earning  deposits to $14.8
million, compared to the same period in 2003.

Interest  expense  decreased  $678,000,  or 19.1%,  to $2.9 million for the nine
months ended  September 30, 2004, from $3.5 million for the same period in 2003.
Interest  expense on deposits  decreased by $729,000,  or 22.9%, to $2.5 million
from  $3.2  million  due  primarily  to  a  41  basis  point   decrease  in  the
weighted-average  cost of  deposits  to  1.79% in the  2004  period  and a $10.1
million, or 5.2%, decline in the weighted-average balance outstanding.  Interest
expense on borrowings  increased by $51,000, or 14.2%, to $410,000 from $359,000
due  primarily  to a $2.1  million,  or 20.8%,  increase in the average  balance
outstanding,  which was  partially  offset by a 26 basis  point  decline  in the
average cost of advances. The decreases in the yields on interest-earning assets
and costs of  interest-bearing  liabilities  were due  primarily  to the overall
decrease  in market  interest  rates in the economy  during  2004 and 2003.  The
recent  increase in short-term  interest  rates and resulting  flattening of the
yield curve  generally  may be  expected  to cause a negative  impact on our net
interest margin.  Management  believes its investment  strategy may minimize the
negative impact on its net interest margin;  however, there can be no assurances
or guarantees that this will continue.

As a result of the foregoing  changes in interest  income and interest  expense,
net interest income increased by $626,000,  or 10.2%, to $6.7 million during the
nine months ended  September 30, 2004,  from $5.8 million  during the comparable
period ended September 30, 2003. The average  interest rate spread  decreased to
2.82% for the nine  months  ended  September  30,  2004 from  3.18% for the nine
months ended September 30, 2003. The net interest margin  decreased to 3.35% for
the nine months ended  September 30, 2004,  from 3.48% for the nine months ended
September 30, 2003.

                                       11

<PAGE>


                             Cheviot Financial Corp.

           MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
                      AND RESULTS OF OPERATIONS (CONTINUED)


Comparison of Operating  Results for the Nine-Month  Periods Ended September 30,
2004 and 2003 (continued)
--------------------------------------------------------------------------------

Provision for Losses on Loans

As a result of an  analysis  of  historical  experience,  the volume and type of
lending  conducted by the Savings  Bank,  the status of past due  principal  and
interest payments, general economic conditions,  particularly as such conditions
relate to the Savings  Bank's  market  area,  and other  factors  related to the
collectibility of the Savings Bank's loan portfolio,  management  concluded that
the allowance for loan losses was adequate, and therefore, elected not to record
a provision for losses on loans for the  nine-months  ended  September 30, 2004,
compared to a $290,000  provision  recorded for the nine-months  ended September
30, 2003. The prior period provision was predicated primarily upon growth in the
loan portfolio and management's perception of the risk prevalent in the economy.
There can be no assurance  that the loan loss  allowance  will be  sufficient to
cover losses on nonperforming loans in the future.

Other Income

Other income decreased $79,000,  or 28.5%, to $198,000 for the nine months ended
September 30, 2004,  from $277,000 for the same period in 2003, due primarily to
a $101,000 decrease in other operating  income,  which was partially offset by a
$7,000  increase in the gain on sale of loans.  The decrease in other  operating
income  reflects  the  Corporation's  $110,000  settlement  received in the 2003
period from a lawsuit  related to a real estate  owned  parcel.  The increase in
gain on sale of loans was due primarily to an increase in loan sales volume year
to year.

General, Administrative and Other Expense

General,  administrative and other expense increased $2.1 million,  or 60.3%, to
$5.6 million for the nine months  ended  September  30,  2004,  compared to $3.5
million for the same period in 2003. This increase was due primarily to the $1.5
million  contribution  to the Cheviot  Savings  Bank  Charitable  Foundation,  a
$400,000,  or 19.9%,  increase in employee compensation and benefits, a $28,000,
or 10.1%,  increase in occupancy and  equipment  expense,  a $45,000,  or 10.0%,
increase in property,  payroll and other taxes and a $94,000, or 64.4%, increase
in legal and  professional  expense.  The increase in employee  compensation and
benefits  was  due  primarily  to an  increase  in  health  insurance  costs  of
approximately  $252,000  year to year,  expense  related to the  employee  stock
ownership  plan of $314,000,  expense  related to staffing  increases of $71,000
related  to the Mason  loan  production  office  which  opened in March 2004 and
normal merit increases,  which were partially  offset by a $260,000  decrease in
expense  related to the directors  deferred  compensation  plan. The increase in
occupancy and  equipment  was due to rent and occupancy  costs at the Mason loan
production  office and  increases  in  utilities  costs and repairs  expenses at
several of the Savings  Bank's office  locations.  The increase in  professional
fees was due  primarily to costs  associated  with  changing  the  Corporation's
reporting  year end to December 31 and expenses  associated  with the  reporting
requirements  of a  public  company,  including  Nasdaq  fees  of  approximately
$15,000.

Federal Income Taxes

The provision for federal income taxes decreased $179,000, or 20.2%, to $708,000
for the nine months ended  September 30, 2004, from $887,000 for the same period
in 2003,  due  primarily  to a $1.3  million,  or  49.2%,  decrease  in  pre-tax
earnings.  The  Corporation  did not  record  a tax  benefit  on the  charitable
contribution  of 75,000 shares of its common stock,  totaling  $750,000,  to the
Cheviot Savings Bank Charitable Foundation.  Management does not anticipate such
contribution  to be deductible  for federal income tax purposes for at least the
next two years.  The  effective  tax rate was 34.2% and 34.1% for the nine month
periods ended September 30, 2004 and 2003,  respectively,  excluding the effects
of the nondeductible charitable contribution in the 2004 period.

                                       12

<PAGE>


                             Cheviot Financial Corp.

           MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
                      AND RESULTS OF OPERATIONS (CONTINUED)


Comparison of Operating Results for the Three-Month  Periods Ended September 30,
2004 and 2003
--------------------------------------------------------------------------------

General

Net earnings increased $73,000, or 11.4%, to $716,000 for the three months ended
September 30, 2004, from $643,000 for the three months ended September 30, 2003.
The  increase in net earnings  was due  primarily to a $356,000  increase in net
interest  income and an $18,000  increase in other income,  which were partially
offset by a $261,000 increase in general, administrative and other expense and a
$40,000 increase in federal income taxes.

Net Interest Income

Total  interest  income  increased  $256,000,  or 8.3%,  to $3.3 million for the
three-months  ended September 30, 2004,  from the same period in 2003.  Interest
income on loans  increased  $87,000,  or 3.1%,  to $2.9 million  during the 2004
period,  from $2.8 million for the 2003 period.  This increase was due primarily
to a  $17.9  million,  or  9.7%,  increase  in  the  average  balance  of  loans
outstanding,  which was  partially  offset by a 36 basis  point  decrease in the
weighted-average  yield on loans,  to 5.66% for 2004  period  from 6.02% for the
three months ended September 30, 2003.

Interest income on mortgage-backed  securities  increased $50,000,  or 28.1%, to
$228,000 for the three months ended  September  30, 2004,  from $178,000 for the
prior  period,  due  primarily  to an $11.5  million  increase in the balance of
securities  outstanding,  partially  offset by a 65 basis point  decrease in the
average yield year to year. Interest income on investment  securities  increased
$157,000,  or 234.3%, to $224,000 for the three months ended September 30, 2004,
compared  to $67,000  for the same  quarter in 2003,  due  primarily  to a $21.1
million,  or 207.7%,  increase in the average  balance of investment  securities
outstanding  and a 24 basis point increase in the average yield, to 2.87% in the
2004  quarter.  Interest  income on other  interest-earning  deposits  decreased
$38,000, or 65.5%, to $20,000 for the three months ended September 30, 2004, due
primarily to a $14.3 million decrease in the average balance of interest-earning
deposits,  compared to the same period in 2003,  partially offset by an 81 basis
point  increase in the  weighted-average  yield,  to 2.08% for the three  months
ended September 30, 2004.

Interest expense decreased  $85,000,  or 7.9 %, to $991,000 for the three months
ended  September  30,  2004,  from  $1.1  million  for the same  period in 2003.
Interest expense on deposits  decreased by $163,000,  or 16.9%, to $801,000 from
$964,000 due primarily to a 19 basis point decrease in the weighted-average cost
of deposits,  to 1.79% in the 2004 period, and a $15.8 million, or 8.1%, decline
in the  weighted-average  balance  outstanding.  Interest  expense on borrowings
increased  by $78,000,  or 69.6%,  due  primarily to a $7.2  million,  or 74.5%,
increase in the average balance outstanding,  which was partially offset by a 14
basis point  decline in the average  cost of  borrowings.  The  decreases in the
yields on interest-earning assets and costs of interest-bearing liabilities were
due primarily to the overall  decrease in market  interest rates during 2004 and
2003.

As a result of the foregoing  changes in interest  income and interest  expense,
net interest  income  increased by $341,000,  or 16.9%,  to $2.4 million for the
three months ended  September  30,  2004,  from $2.0 million for the  comparable
period ended September 30, 2003. The average  interest rate spread  decreased to
2.93% for the three  months  ended  September  30, 2004 from 3.18% for the three
months ended September 30, 2003. The net interest margin  increased to 3.49% for
the three months ended  September 30, 2004 from 3.45% for the three months ended
September 30, 2003.

                                       13

<PAGE>


                             Cheviot Financial Corp.

           MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
                      AND RESULTS OF OPERATIONS (CONTINUED)


Comparison of Operating Results for the Three-Month  Periods Ended September 30,
2004 and 2003 (continued)
--------------------------------------------------------------------------------

Provision for Losses on Loans

As a result of an  analysis  of  historical  experience,  the volume and type of
lending  conducted by the Savings  Bank,  the status of past due  principal  and
interest payments, general economic conditions,  particularly as such conditions
relate to the Savings  Bank's  market  area,  and other  factors  related to the
collectibility of the Savings Bank's loan portfolio,  management  concluded that
the allowance for loan losses was adequate, and therefore, elected not to record
a provision for losses on loans for the  three-months  ended September 30, 2004,
compared to a $15,000  provision  recorded for the three-months  ended September
30, 2003. The prior period provision was predicated primarily upon growth in the
loan portfolio and management's perception of the risk prevalent in the economy.
There can be no assurance  that the loan loss  allowance  will be  sufficient to
cover losses on nonperforming loans in the future.

Other Income

Other income increased $18,000,  or 28.6%, to $81,000 for the three months ended
September 30, 2004,  compared to the same quarter in 2003,  due primarily to the
effects of a $15,000 loss on sale of real estate acquired through foreclosure in
the 2003 period.

General, Administrative and Other Expense

General,  administrative and other expense increased $261,000, or 23.9%, to $1.4
million for the three months ended September 30, 2004, from $1.1 million for the
same quarter in 2003.  This increase was due primarily to a $208,000,  or 34.5%,
increase in employee compensation and benefits and a $25,000, or 51.0%, increase
in legal and  professional  expense.  The increase in employee  compensation and
benefits was due primarily to expense recognized for the ESOP in the 2004 period
of $100,000 and an increase in health coverage costs of  approximately  $43,000.
The  increase in health  coverage  costs year to year  reflects the effects of a
benefit  recorded in the 2003 period due to a change in the  estimated  costs of
the Savings Bank's  self-insurance  plan. The increase in professional  fees was
due primarily to costs associated with changing the Corporation's reporting year
end to December 31 and expenses associated with the reporting  requirements of a
public company.

Federal Income Taxes

The provision for federal income taxes increased $40,000,  or 12.1%, to $370,000
for the three  months  ended  September  30,  2004,  from  $330,000 for the same
quarter in 2003,  due  primarily  to a $113,000,  or 11.6%,  increase in pre-tax
earnings.  The  effective  tax rates  were  34.1% and 33.9% for the three  month
periods ended September 30, 2004 and 2003, respectively.

                                       14

<PAGE>


                             Cheviot Financial Corp.

           MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
                      AND RESULTS OF OPERATIONS (CONTINUED)


ITEM 3 QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

There has been no  material  change in the  Corporation's  market risk since the
Form 10-K filed with the Securities and Exchange  Commission for the fiscal year
ended December 31, 2003.


ITEM 4 CONTROLS AND PROCEDURES

The Corporation's  Chief Executive Officer and Chief Financial Officer evaluated
the disclosure  controls and  procedures  (as defined under Rules  13a-15(e) and
15d-15(e) of the  Securities  Exchange Act of 1934, as amended) as of the end of
the period covered by this quarterly  report.  Based upon that  evaluation,  the
Chief  Executive  Officer and Chief  Financial  Officer have  concluded that the
Corporation's disclosure controls and procedures are effective.

There were no significant  changes in the Corporation's  internal controls or in
other factors that could  materially  affect,  or could  reasonably be likely to
materially affect,  these controls subsequent to the date of their evaluation by
the Corporation's Chief Executive Officer and Chief Financial Officer, including
any corrective actions with regard to material deficiencies and weaknesses.


                                       15
<PAGE>


                             Cheviot Financial Corp.

                                     PART II


ITEM 1.  Legal Proceedings

                  Not applicable

ITEM 2.  Unregistered Sales of Equity Securities and Use of Proceeds
         -----------------------------------------------------------

                  Not applicable

ITEM 3.  Defaults Upon Senior Securities

                  Not applicable

ITEM 4.  Submission of Matters to a Vote of Security Holders
         ---------------------------------------------------

                  Not applicable

ITEM 5.  Other Information

                  None.

ITEM 6.  Exhibits

          3.1* Charter  of  Cheviot  Financial  Corp.  (incorporated  herein  by
               reference  to  Exhibit  3.1  to  the  Corporation's  Registration
               Statement on Form S-1 (Registration  No.:  333-106663) filed with
               the Securities and Exchange Commission on September 30, 2003).

          3.2* Bylaws  of  Cheviot  Financial  Corp.   (incorporated  herein  by
               reference  to  Exhibit  3.2  to  the  Corporation's  Registration
               Statement on Form S-1 (Registration  No.:  333-106663) filed with
               the Securities and Exchange Commission on September 30, 2003).

          10.1*Form  of   Employment   Agreement   with   Thomas   J.   Linneman
               (incorporated   herein   by   reference   to   Exhibit   10.1  to
               Pre-Effective  Amendment No. 1 to the Corporation's  Registration
               Statement on Form S-1 (Registration  No.:  333-106663) filed with
               the Securities and Exchange Commission on September 2, 2003).

          10.2*Form of Change  of  Control  Severance  Agreement  with  Kevin M.
               Kappa  (incorporated  herein  by  reference  to  Exhibit  10.2 to
               Pre-Effective  Amendment No. 1 to the Corporation's  Registration
               Statement on Form S-1 (Registration  No.:  333-106663) filed with
               the Securities and Exchange Commission on September 2, 2003).

          10.3*Form of Change of Control  Severance  Agreement  with  Jeffrey J.
               Lenzer  (incorporated  herein by  reference  to  Exhibit  10.3 to
               Pre-Effective  Amendment No. 1 to the Corporation's  Registration
               Statement on Form S-1 (Registration  No.:  333-106663) filed with
               the Securities and Exchange Commission on September 2, 2003).

          10.4.1* Cheviot  Savings Bank  Directors  Deferred  Compensation  Plan
               (incorporated   herein  by  reference  to  Exhibit  10.4  to  the
               Corporation's  Registration  Statement on Form S-1  (Registration
               No.:   333-106663)   filed  with  the   Securities  and  Exchange
               Commission on September 30, 2003).

          10.4.2*  Amended  and   Restated   Cheviot   Savings   Bank   Deferred
               Compensation Plan (incorporated herein by reference to Exhibit 14
               to the  Corporation's  Annual  Report on Form 10-K filed with the
               Securities and Exchange Commission on March 25, 2004).

                                       16
<PAGE>


                             Cheviot Financial Corp.

                               PART II (CONTINUED)

ITEM 6.  Exhibits (continued)
         ---------

          10.5*Form of Tax  Allocation  Agreement  between the  Corporation  and
               Cheviot Savings Bank (incorporated herein by reference to Exhibit
               10.5  to  Pre-Effective  Amendment  No.  1 to  the  Corporation's
               Registration Statement on Form S-1 (Registration No.: 333-106663)
               filed with the Securities and Exchange Commission on September 2,
               2003).

          10.6*Form of Expense Allocation  Agreement between the Corporation and
               Cheviot Savings Bank (incorporated herein by reference to Exhibit
               10.6  to  Pre-Effective  Amendment  No.  1 to  the  Corporation's
               Registration Statement on Form S-1 (Registration No.: 333-106663)
               filed with the Securities and Exchange Commission on September 2,
               2003).

          10.7.1* Cheviot Building and Loan Co. 401(k)  Retirement  Savings Plan
               (incorporated   herein  by   reference  to  Exhibit  4.1  to  the
               Corporation's  Registration  Statement on Form S-8  (Registration
               No.:   333-113919)   filed  with  the   Securities  and  Exchange
               Commission on March 25, 2004).

          10.7.2* Amendment to Cheviot  Savings Bank 401(k)  Retirement  Savings
               Plan  effective  November  20,  2003   (incorporated   herein  by
               reference  to  Exhibit  4.2  to  the  Corporation's  Registration
               Statement on Form S-8 (Registration  No.:  333-113919) filed with
               the Securities and Exchange Commission on March 25, 2004).

          31.1 Certification  of Principal  Executive  Officer  Pursuant to Rule
               13a-14  of the  Securities  Exchange  Act  of  1934,  As  Adopted
               Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.

          31.2 Certification  of Principal  Financial  Officer  Pursuant to Rule
               13a-14  of the  Securities  Exchange  Act  of  1934,  As  Adopted
               Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.

          32.1 Certification  of  Principal  Executive  Officer  Pursuant  to 18
               U.S.C.  Section 1350,  as Adopted  Pursuant to Section 906 of the
               Sarbanes-Oxley Act of 2002.

          32.2 Certification  of  Principal  Financial  Officer  Pursuant  to 18
               U.S.C.  Section 1350,  as Adopted  Pursuant to Section 906 of the
               Sarbanes-Oxley Act of 2002.

          *    Previously filed.

                                       17
<PAGE>


                             Cheviot Financial Corp.

                                   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 thereunto duly authorized.





Date:   November 10, 2004               By:/s/ Thomas J. Linneman
       ----------------------              ------------------------------
                                           Thomas J. Linneman
                                           President and Chief Executive Officer



Date:   November 10, 2004               By:/s/ Scott T. Smith
       -----------------------             --------------------------------
                                           Scott T. Smith
                                           Chief Financial Officer

                                       18

<PAGE>


                                                                    Exhibit 31.1


                      CERTIFICATION PURSUANT TO RULE 13A-14
                     OF THE SECURITIES EXCHANGE ACT OF 1934
                    AS ADOPTED PURSUANT TO SECTION 302 OF THE
                           SARBANES-OXLEY ACT OF 2002



I,  Thomas  J.  Linneman,  President  and Chief  Executive  Officer  of  Cheviot
Financial Corp., certify that:


1.   I have reviewed  this  quarterly  report on Form 10-Q of Cheviot  Financial
     Corp.;

2.   Based on my knowledge,  this  quarterly  report does not contain any untrue
     statement of a material fact or omit to state a material fact  necessary to
     make the statements  made, in light of the  circumstances  under which such
     statements  were made, not misleading with respect to the period covered by
     this quarterly report;

3.   Based on my  knowledge,  the  financial  statements,  and  other  financial
     information  included  in this  quarterly  report,  fairly  present  in all
     material respects the financial  condition,  results of operations and cash
     flows of the  registrant  as of, and for,  the  periods  presented  in this
     quarterly report;

4.   The  registrant's  other  certifying  officer  and  I are  responsible  for
     establishing and maintaining disclosure controls and procedures (as defined
     in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the registrant and have:

     a.   Designed  such  disclosure  controls  and  procedures  or caused  such
          disclosure  controls to be designed under our  supervision,  to ensure
          that material  information  relating to the registrant,  including its
          consolidated subsidiaries,  is made known to us by others within those
          entities,  particularly  during  the  period in which  this  quarterly
          report is being prepared;

     b.   Evaluated the  effectiveness of the registrant's  disclosure  controls
          and procedures and presented in this report our conclusions  about the
          effectiveness of the disclosure controls and procedures, as of the end
          of  the  period  covered  by  this  quarterly  report  based  on  such
          evaluation; and

     c.   Disclosed  in this  report  any  change in the  registrant's  internal
          control over financial reporting that occurred during the registrant's
          most recent fiscal quarter (the registrant's  fourth fiscal quarter in
          the case of an annual  report)  that has  materially  affected,  or is
          reasonably  likely to materially  affect,  the  registrant's  internal
          control over financial reporting; and

5.   The registrant's  other certifying  officer and I have disclosed,  based on
     our most recent evaluation of internal control over financial reporting, to
     the registrant's  auditors and the audit committee of registrant's board of
     directors (or persons performing the equivalent functions):

     a.   All significant  deficiencies and material weaknesses in the design or
          operation  of internal  control  over  financial  reporting  which are
          reasonably  likely to  adversely  affect the  registrant's  ability to
          record, process, summarize and report financial information; and

     b.   Any fraud, whether or not material,  that involves management or other
          employees who have a  significant  role in the  registrant's  internal
          control over financial reporting.


Date:  November 10, 2004               /s/Thomas J. Linneman
                                       ----------------------------------------
                                       Thomas J. Linneman
                                       President and Chief Executive Officer
                                       (principal executive officer)



<PAGE>


                                                                   Exhibit 31.2


                      CERTIFICATION PURSUANT TO RULE 13A-14
                     OF THE SECURITIES EXCHANGE ACT OF 1934
                    AS ADOPTED PURSUANT TO SECTION 302 OF THE
                           SARBANES-OXLEY ACT OF 2002



I, Scott T. Smith,  Chief Financial Officer of Cheviot Financial Corp.,  certify
that:


1.   I have reviewed  this  quarterly  report on Form 10-Q of Cheviot  Financial
     Corp.;

2.   Based on my knowledge,  this  quarterly  report does not contain any untrue
     statement of a material fact or omit to state a material fact  necessary to
     make the statements  made, in light of the  circumstances  under which such
     statements  were made, not misleading with respect to the period covered by
     this quarterly report;

3.   Based on my  knowledge,  the  financial  statements,  and  other  financial
     information  included  in this  quarterly  report,  fairly  present  in all
     material respects the financial  condition,  results of operations and cash
     flows of the  registrant  as of, and for,  the  periods  presented  in this
     quarterly report;

4.   The  registrant's  other  certifying  officer  and  I are  responsible  for
     establishing and maintaining disclosure controls and procedures (as defined
     in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the registrant and have:

     a.   Designed  such  disclosure  controls  and  procedures  or caused  such
          disclosure  controls to be designed under our  supervision,  to ensure
          that material  information  relating to the registrant,  including its
          consolidated subsidiaries,  is made known to us by others within those
          entities,  particularly  during  the  period in which  this  quarterly
          report is being prepared;

     b.   Evaluated the  effectiveness of the registrant's  disclosure  controls
          and procedures and presented in this report our conclusions  about the
          effectiveness of the disclosure controls and procedures, as of the end
          of  the  period  covered  by  this  quarterly  report  based  on  such
          evaluation; and

     c.   Disclosed  in this  report  any  change in the  registrant's  internal
          control over financial reporting that occurred during the registrant's
          most recent fiscal quarter (the registrant's  fourth fiscal quarter in
          the case of an annual  report)  that has  materially  affected,  or is
          reasonably  likely to materially  affect,  the  registrant's  internal
          control over financial reporting; and

5.   The registrant's  other certifying  officer and I have disclosed,  based on
     our most recent evaluation of internal control over financial reporting, to
     the registrant's  auditors and the audit committee of registrant's board of
     directors (or persons performing the equivalent functions):

     a.   All significant  deficiencies and material weaknesses in the design or
          operation  of internal  control  over  financial  reporting  which are
          reasonably  likely to  adversely  affect the  registrant's  ability to
          record, process, summarize and report financial information; and

     b.   Any fraud, whether or not material,  that involves management or other
          employees who have a  significant  role in the  registrant's  internal
          control over financial reporting.


Date:  November 10, 2004                 /s/Scott T. Smith
                                         -----------------------------------
                                            Scott T. Smith
                                            Chief Financial Officer
                                            (principal financial officer)


<PAGE>


                                                                   Exhibit 32.1

                            CERTIFICATION PURSUANT TO
                             18 U.S.C. SECTION 1350
                             AS ADOPTED PURSUANT TO
                  SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002


In  connection  with the  Quarterly  Report  of  Cheviot  Financial  Corp.  (the
"Company"),  on Form 10-Q for the period ended September 30, 2004, as filed with
the Securities and Exchange  Commission on the date of this  Certification  (the
"Report"),  I, Thomas J. Linneman,  President and Chief Executive Officer of the
Company,  certify,  pursuant to 18 U.S.C.  Section 1350, as adopted  pursuant to
Section 906 of the Sarbanes-Oxley Act of 2002, that, to my knowledge:

1.   The Report fully complies with the  requirements  of Section 13(a) or 15(d)
     of the Securities Exchange Act of 1934; and

2.   The information  contained in the Report fairly  presents,  in all material
     respects, the financial condition and results of operations of the Company.

A signed  original of this  written  statement  required by Section 906 has been
provided  to  Cheviot  Financial  Corporation  and will be  retained  by Cheviot
Financial Corporation and furnished to the Securities and Exchange Commission or
its staff upon request.


                                        /s/Thomas J. Linneman
                                        -------------------------------
                                           Thomas J. Linneman
                                          President and Chief Executive Officer

         Date:  November 10, 2004




<PAGE>


                                                                    Exhibit 32.2

                            CERTIFICATION PURSUANT TO
                             18 U.S.C. SECTION 1350
                             AS ADOPTED PURSUANT TO
                  SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002


In  connection  with the  Quarterly  Report  of  Cheviot  Financial  Corp.  (the
"Company"),  on Form 10-Q for the period ended September 30, 2004, as filed with
the Securities and Exchange  Commission on the date of this  Certification  (the
"Report"),  I, Scott T. Smith, Chief Financial Officer of the Company,  certify,
pursuant to 18 U.S.C.  Section 1350,  as adopted  pursuant to Section 906 of the
Sarbanes-Oxley Act of 2002, that, to my knowledge:

1.   The Report fully complies with the  requirements  of Section 13(a) or 15(d)
     of the Securities Exchange Act of 1934; and

2.   The information  contained in the Report fairly  presents,  in all material
     respects, the financial condition and results of operations of the Company.

A signed  original of this  written  statement  required by Section 906 has been
provided  to  Cheviot  Financial  Corporation  and will be  retained  by Cheviot
Financial Corporation and furnished to the Securities and Exchange Commission or
its staff upon request.



                                         /s/Scott T. Smith
                                         -------------------------------------
                                            Scott T. Smith
                                            Chief Financial Officer

         Date:  November 10, 2004