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          March 31, 2008
                                ------------------------------------------------

                                       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 a large accelerated filer, an
accelerated filer, or a non-accelerated filer. See definition of "accelerated
filer and large accelerated filer" in Rule 12b-2 of the Exchange Act. (Check
one.)

Large accelerated filer [ ]  Accelerated filer [ ]    Non-accelerated filer [ ]

Smaller reporting company [X]

Indicate by check mark whether the registrant is a shell company (as defined in
Rule 12b-2 of the Exchange Act).

Yes [   ]         No  [X]


As of May 9, 2008, the latest practicable date, 8,900,599 shares of the
registrant's common stock, $.01 par value, were issued and outstanding.

                                  Page 1 of 20

<PAGE>

                             INDEX

                                                                           Page
                                                                           ----
PART I   -   FINANCIAL INFORMATION

             Consolidated Statements of Financial Condition                  3

             Consolidated Statements of Earnings                             4

             Consolidated Statements of Comprehensive Income                 5

             Consolidated Statements of Cash Flows                           6

             Notes to Consolidated Financial Statements                      8

             Management's Discussion and Analysis of
             Financial Condition and Results of
             Operations                                                     14

             Quantitative and Qualitative Disclosures about
             Market Risk                                                    17

             Controls and Procedures                                        17

PART II  -   OTHER INFORMATION                                              18

SIGNATURES                                                                  19

                                       2

<PAGE>
                             Cheviot Financial Corp.

                 CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION

                        (In thousands, except share data)
<TABLE>
<CAPTION>
                                                                                          March 31,        December 31,
         ASSETS                                                                             2008                2007
                                                                                        (Unaudited)
<S>                                                                                        <C>               <C>
Cash and due from banks                                                                  $    2,515           $   3,680
Federal funds sold                                                                            6,838               4,313
Interest-earning deposits in other financial institutions                                     1,350               1,457
                                                                                         ----------           ---------
         Cash and cash equivalents                                                           10,703               9,450

Investment securities available for sale - at fair value                                     24,317              12,178
Investment securities held to maturity - at cost, approximate
  market value of $12,160 and $23,086 at March 31, 2008
  and December 31, 2007, respectively                                                        12,000              23,000
Mortgage-backed securities available for sale - at fair value                                   746                 814
Mortgage-backed securities held to maturity - at cost, approximate
  market value of $8,556 and $9,577 at March 31, 2008 and
  December 31, 2007, respectively                                                             8,470               9,500
Loans receivable - net                                                                      250,481             249,832
Loans held for sale - at lower of cost or market                                                150                   -
Real estate acquired through foreclosure - net                                                  562                 625
Office premises and equipment - at depreciated cost                                           5,067               5,131
Federal Home Loan Bank stock - at cost                                                        3,280               3,238
Accrued interest receivable on loans                                                          1,121               1,119
Accrued interest receivable on mortgage-backed securities                                        44                  51
Accrued interest receivable on investments and interest-earning deposits                        523                 418
Prepaid expenses and other assets                                                               461                 177
Bank-owned life insurance                                                                     3,415               3,383
Prepaid federal income taxes                                                                    112                 144
                                                                                         ----------           ---------
         Total assets                                                                    $  321,452           $ 319,060
                                                                                         ==========           =========
         LIABILITIES AND SHAREHOLDERS' EQUITY

Deposits                                                                                 $  219,826           $ 219,526
Advances from the Federal Home Loan Bank                                                     31,547              28,665
Advances by borrowers for taxes and insurance                                                   861               1,253
Accrued interest payable                                                                        131                 117
Accounts payable and other liabilities                                                          920                 939
Deferred federal income taxes                                                                   680                 640
                                                                                         ----------           ---------
         Total liabilities                                                                  253,965             251,140

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 at March 31, 2008 and December 31, 2007                              99                  99
  Additional paid-in capital                                                                 43,476              43,418
  Shares acquired by stock benefit plans                                                     (3,582)             (3,582)
  Treasury stock - at cost, 1,005,534 and 967,077 shares at March 31, 2008
    and December 31, 2007, respectively                                                     (12,455)            (12,074)
  Retained earnings - restricted                                                             39,800              40,013
  Accumulated comprehensive income, unrealized gains on securities
    available for sale, net of related tax effects                                              149                  46
                                                                                         ----------           ---------
         Total shareholders' equity                                                          67,487              67,920
                                                                                         ----------           ---------
         Total liabilities and shareholders' equity                                      $  321,452           $ 319,060
                                                                                         ==========           =========
</TABLE>

See accompanying notes to consolidated financial statements.

                                        3

<PAGE>

                             Cheviot Financial Corp.

                 CONSOLIDATED STATEMENTS OF EARNINGS (UNAUDITED)

               For the three months ended March 31, 2008 and 2007
                      (In thousands, except per share data)
<TABLE>
<CAPTION>
                                                                                               2008                2007
Interest income
<S>                                                                                          <C>                 <C>
  Loans                                                                                     $ 3,806             $ 3,683
  Mortgage-backed securities                                                                    139                 187
  Investment securities                                                                         554                 396
  Interest-earning deposits and other                                                            32                  70
                                                                                            -------             -------
         Total interest income                                                                4,531               4,336

Interest expense
  Deposits                                                                                    2,010               1,905
  Borrowings                                                                                    375                 344
                                                                                            -------             -------
         Total interest expense                                                               2,385               2,249
                                                                                            -------             -------
         Net interest income                                                                  2,146               2,087

Provision for losses on loans                                                                   263                   -
                                                                                            -------             -------
         Net interest income after provision for
           losses on loans                                                                    1,883               2,087

Other income
  Rental                                                                                         12                  12
  Loss on sale of real estate acquired through foreclosure                                      (58)                  -
  Gain on sale of loans                                                                           4                  14
  Earnings on bank-owned life insurance                                                          32                  32
  Other operating                                                                                72                  71
                                                                                            -------             -------
         Total other income                                                                      62                 129

General, administrative and other expense
  Employee compensation and benefits                                                          1,018               1,116
  Occupancy and equipment                                                                       150                 148
  Property, payroll and other taxes                                                             240                 218
  Data processing                                                                                83                  80
  Legal and professional                                                                        124                 118
  Advertising                                                                                    50                  44
  Other operating                                                                               144                 203
                                                                                            -------             -------
         Total general, administrative and other expense                                      1,809               1,927
                                                                                            -------             -------

         Earnings before federal income taxes                                                   136                 289

Federal income taxes
  Current                                                                                        52                 110
  Deferred                                                                                      (13)                (27)
                                                                                            -------             -------
         Total federal income taxes                                                              39                  83
                                                                                            -------             -------
         NET EARNINGS                                                                       $    97             $   206
                                                                                            =======             =======
         EARNINGS PER SHARE
           Basic                                                                            $   .01             $   .02
                                                                                            =======             =======
           Diluted                                                                          $   .01             $   .02
                                                                                            =======             =======
           Dividends declared per share                                                     $   .09             $   .08
                                                                                            =======             =======
</TABLE>


See accompanying notes to consolidated financial statements.

                                        4


<PAGE>
                            Cheviot Financial Corp.

           CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED)

               For the three months ended March 31, 2008 and 2007
                                 (In thousands)
<TABLE>
<CAPTION>

                                                                                               2008                  2007

<S>                                                                                          <C>                   <C>
Net earnings for the period                                                                  $   97                $  206

Other comprehensive income (loss), net of related tax expense (benefit):
  Unrealized holding gains (losses) on securities during the period,
    net of tax expense (benefit) of $53 and $(4) for the periods
    ended March 31, 2008 and 2007                                                               103                    (7)
                                                                                             ------                ------
Comprehensive income                                                                         $  200                $  199
                                                                                             ======                ======
Accumulated comprehensive income (loss)                                                      $  149                $  (15)
                                                                                             ======                ======
</TABLE>

See accompanying notes to consolidated financial statements.

                                        5


<PAGE>

                             Cheviot Financial Corp.

                CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)

               For the three months ended March 31, 2008 and 2007
                                 (In thousands)
<TABLE>
<CAPTION>
                                                                                               2008                2007
Cash flows from operating activities:
<S>                                                                                       <C>               <C>
  Net earnings for the period                                                             $      97            $    206
  Adjustments to reconcile net earnings to net cash (used in)
  provided by operating activities:
    Amortization of premiums and discounts on investment
      and mortgage-backed securities, net                                                        (2)                 (3)
    Depreciation                                                                                 69                  82
    Amortization of deferred loan origination fees - net                                         (4)                  -
    Proceeds from sale of loans in the secondary market                                         798               1,387
    Loans originated for sale in the secondary market                                          (937)             (1,594)
    Gain on sale of loans                                                                        (4)                (14)
    Amortization of expense related to stock benefit plans                                       (2)                 19
    Provision for losses on loans                                                               263                   -
    Federal Home Loan Bank stock dividends                                                      (42)                  -
    Loss on real estate acquired through foreclosure                                             58                   -
    Net increase in cash surrender value of bank-owned  life insurance                          (32)                (32)
    Increase (decrease) in cash due to changes in:
      Accrued interest receivable on loans                                                       (2)                  8
      Accrued interest receivable on mortgage-backed securities                                   7                   4
      Accrued interest receivable on investments and interest-earning deposits                 (105)                134
      Prepaid expenses and other assets                                                        (284)               (258)
      Accrued interest payable                                                                   14                  (1)
      Accounts payable and other liabilities                                                    (19)                (93)
      Federal income taxes
        Current                                                                                  32                 125
        Deferred                                                                                (13)                (27)
                                                                                          ---------            --------
         Net cash flows used in operating activities                                           (108)                (57)

Cash flows used in investing activities:
  Principal repayments on loans                                                              13,949               6,410
  Loan disbursements                                                                        (15,082)             (8,920)
  Purchase of investment securities                                                         (11,981)             (4,001)
  Proceeds from maturity of investment securities                                            11,000               4,000
  Principal repayments on mortgage-backed securities                                          1,098               1,350
  Proceeds from the sale of real estate acquired through foreclosure                            223                  -
  Purchase of office premises and equipment                                                      (5)                (13)
                                                                                          ---------            --------
         Net cash flows used in investing activities                                           (798)             (1,174)

Cash flows provided by financing activities:
  Net increase in deposits                                                                      300               7,053
  Proceeds from Federal Home Loan Bank advances                                               7,500                   -
  Repayments on Federal Home Loan Bank advances                                              (4,618)             (1,182)
  Advances by borrowers for taxes and insurance                                                (392)               (373)
  Stock option expense, net                                                                      60                  60
  Treasury stock repurchases                                                                   (381)               (550)
  Dividends paid on common stock                                                               (310)               (299)
                                                                                          ---------            --------
         Net cash flows provided by financing activities                                      2,159               4,709
                                                                                          ---------            --------
Net increase in cash and cash equivalents                                                     1,253               3,478

Cash and cash equivalents at beginning of period                                              9,450               5,490
                                                                                          ---------            --------
Cash and cash equivalents at end of period                                                $  10,703            $  8,968
                                                                                          =========            ========
</TABLE>
See accompanying notes to consolidated financial statements.

                                        6
<PAGE>

                             Cheviot Financial Corp.

          CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)(CONTINUED)

               For the three months ended March 31, 2008 and 2007
                                 (In thousands)

<TABLE>
<CAPTION>
                                                                                               2008                2007

Supplemental disclosure of cash flow information: Cash paid during the period
  for:
<S>                                                                                        <C>                  <C>
    Federal income taxes                                                                    $    25             $    -
                                                                                            =======             =======
    Interest on deposits and borrowings                                                     $ 2,371             $ 2,250
                                                                                            =======             =======
Supplemental disclosure of non-cash investing activities:
  Transfer from loans to real estate acquired through foreclosure                           $   218             $   359
                                                                                            =======             =======
Recognition of mortgage servicing rights in
   accordance with SFAS No. 140                                                             $    -              $     5
                                                                                            =======             =======

</TABLE>
See accompanying notes to consolidated financial statements.

                                        7


<PAGE>
                             Cheviot Financial Corp.

                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

               For the three months ended March 31, 2008 and 2007


    1.   Basis of Presentation
         ---------------------

     Cheviot  Financial Corp.  ("Cheviot  Financial" or the  "Corporation") is a
     financial  holding  company,  the principal  asset of which consists of its
     ownership of Cheviot  Savings Bank (the "Savings  Bank").  The Savings Bank
     conducts a general banking business in southwestern  Ohio which consists of
     attracting  deposits  and  applying  those  funds  to  the  origination  of
     primarily real estate loans. The Corporation is 55% owned by Cheviot Mutual
     Holding Company.  Cheviot Savings' profitability is significantly dependent
     on net interest  income,  which is the difference  between  interest income
     from   interest-earning   assets   and  the   interest   expense   paid  on
     interest-bearing  liabilities.  Net  interest  income  is  affected  by the
     relative amount of interest-earning assets and interest-bearing liabilities
     and the interest received or paid on these balances.

     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 consolidated  financial statements should be read in conjunction with
     the  consolidated   financial  statements  and  notes  thereto  of  Cheviot
     Financial  included  in the  Annual  Report on Form 10-K for the year ended
     December 31, 2007. However,  in the opinion of management,  all adjustments
     (consisting of only normal  recurring  accruals)  which are necessary for a
     fair  presentation  of the  consolidated  financial  statements  have  been
     included.  The results of operations for the three month period ended March
     31,  2008,  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 three
     months ended March 31, 2008,  include the accounts of the  Corporation  and
     its wholly-owned subsidiary, the Savings Bank. All significant intercompany
     items have been eliminated.

    3.   Liquidity and Capital Resources
         -------------------------------

     Liquidity  describes  our ability to meet the  financial  obligations  that
     arise in the ordinary course of business.  Liquidity is primarily needed to
     meet the borrowing and deposit withdrawal requirements of our customers and
     to fund current and planned expenditures.  Our primary sources of funds are
     deposits,  scheduled  amortization  and  prepayments  of loan principal and
     mortgage-backed  securities,  maturities  and calls of securities and funds
     provided by our  operations.  In  addition,  we may borrow from the Federal
     Home Loan Bank of  Cincinnati.  At March 31, 2008 and December 31, 2007, we
     had  $31.5  million  and  $28.7  million,   respectively,   in  outstanding
     borrowings  from the  Federal  Home  Loan  Bank of  Cincinnati  and had the
     capacity to increase such borrowings at those dates by approximately $108.1
     million and $109.4 million.

     Loan repayments and maturing securities are a relatively predictable source
     of funds.  However,  deposit flows,  calls of securities and prepayments of
     loans and  mortgage-backed  securities are strongly  influenced by interest
     rates,  general  and  local  economic  conditions  and  competition  in the
     marketplace.  These factors reduce the  predictability  of these sources of
     funds.

                                       8
<PAGE>


                             Cheviot Financial Corp.

             NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)

               For the three months ended March 31, 2008 and 2007


    3.   Liquidity and Capital Resources (continued)
         -------------------------------

     Our primary investing activities are the origination of one- to four-family
     real estate loans, commercial real estate, construction and consumer loans,
     and, to a lesser extent,  the purchase of securities.  For the three months
     ended March 31, 2008, loan originations totaled $16.0 million,  compared to
     $10.5 million for the three months ended March 31, 2007.

     Total deposits  increased $300,000 and $7.1 million during the three months
     ended March 31, 2008 and 2007.  Deposit  flows are affected by the level of
     interest rates,  the interest rates and products offered by competitors and
     other factors.

     The following  table sets forth  information  regarding  the  Corporation's
     obligations  and  commitments to make future  payments under contract as of
     March 31, 2008.
<TABLE>
<CAPTION>

                                                                        Payments due by period
                                                              Less     More than     More than       More
                                                              than       1-3            4-5          than
                                                             1 year      years         years        5 years       Total
                                                                                 (In thousands)

<S>                                                      <C>           <C>          <C>         <C>          <C>
    Contractual obligations:
      Advances from the Federal Home Loan Bank            $      -     $   4,000    $   3,673    $  23,874    $  31,547
      Certificates of deposit                              126,064        19,991        7,037           -       153,092

    Amount of loan commitments and expiration per period:
      Commitments to originate one- to four-family
        loans                                                3,639             -            -            -        3,639
      Home equity lines of credit                           11,436             -            -            -       11,436
      Undisbursed loans in process                          14,843             -            -            -       14,843
                                                          --------     ---------    ---------    ---------    ---------

         Total contractual obligations                    $155,982     $  23,991    $  10,710    $  23,874    $ 214,557
                                                          ========     =========    =========    =========    =========
</TABLE>




     We are committed to maintaining a strong liquidity position. We monitor our
     liquidity  position  on a daily  basis.  We  anticipate  that we will  have
     sufficient  funds to meet our  current  funding  commitments.  Based on our
     deposit retention  experience and current pricing  strategy,  we anticipate
     that a significant portion of maturing time deposits will be retained.
                                       9

<PAGE>


                             Cheviot Financial Corp.

             NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)

               For the three months ended March 31, 2008 and 2007


    3.   Liquidity and Capital Resources (continued)
         -------------------------------

     At March 31, 2008 and 2007,  we exceeded all of the  applicable  regulatory
     capital requirements. Our core (Tier 1) capital was $53.4 million and $51.7
     million,  or 16.8%  and 16.4% of total  assets at March 31,  2008 and 2007,
     respectively. In order to be classified as "well-capitalized" under federal
     banking  regulations,  we were  required  to have core  capital of at least
     $19.1 million,  or 6.0% of assets as of March 31, 2008. To be classified as
     a  well-capitalized  bank,  we must also  have a ratio of total  risk-based
     capital to  risk-weighted  assets of at least 10.0%.  At March 31, 2008 and
     2007,  we  had a  total  risk-based  capital  ratio  of  32.6%  and  32.8%,
     respectively.

    4.   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 plus shares in the ESOP that
     have been  allocated.  Weighted-average  common shares  deemed  outstanding
     gives effect to 214,247 and 249,954 unallocated shares held by the ESOP for
     the three months ended March 31, 2008 and 2007, respectively.

                                                      For the three months ended
                                                                March 31,
                                                           2008           2007

         Weighted-average common shares
           outstanding (basic)                        8,717,914      9,082,356

         Dilutive effect of assumed exercise
           of stock options                              58,574        120,429
                                                      ---------     ----------
         Weighted-average common shares
           outstanding (diluted)                      8,776,488      9,202,785
                                                      =========      =========

    5.   Stock Option Plan
         -----------------

     On April 26, 2005,  the  Corporation  approved a Stock  Incentive Plan that
     provides for grants of up to 486,018 stock options.  During 2007,  2006 and
     2005  approximately  6,460,  6,100 and 384,000  options shares were granted
     subject to five year vesting.

     In 2004, the Financial Accounting Standards Board ("FASB") issued Statement
     of  Financial   Accounting  Standard  ("SFAS")  No.  123(R),   "Share-Based
     Payment,"   which  revises  SFAS  No.  123,   "Accounting  for  Stock-Based
     Compensation," and supersedes  Accounting  Principles Board ("APB") Opinion
     No.  25,  "Accounting  for Stock  Issued  to  Employees."  SFAS No.  123(R)
     requires that cost related to the fair value of all equity-based  awards to
     employees, including grants of employee stock options, be recognized in the
     financial statements.

                                       10
<PAGE>


                             Cheviot Financial Corp.

             NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)

               For the three months ended March 31, 2008 and 2007


    5.    Stock Option Plan (continued)
          ----------------

     The Corporation adopted the provisions of SFAS No. 123(R) effective January
     1, 2006, using the modified  prospective  transition  method, and therefore
     has not restated its financial  statements  for prior  periods.  Under this
     method,  the  Corporation  has applied the provisions of SFAS No. 123(R) to
     new equity-based awards and to equity-based  awards modified,  repurchased,
     or cancelled  after  January 1, 2006.  In addition,  the  Corporation  will
     recognize  compensation  cost for the  portion of  equity-based  awards for
     which  the  requisite  service  period  has not  been  rendered  ("unvested
     equity-based  awards")  that are  outstanding  as of January  1, 2006.  The
     compensation  cost  recorded for unvested  equity-based  awards is based on
     their grant-date fair value. For the three months ended March 31, 2008, the
     Corporation   recorded   $61,000  in   after-tax   compensation   cost  for
     equity-based  awards that vested  during the three  months  ended March 31,
     2008. The Corporation has $563,000  unrecognized  pre-tax compensation cost
     related to non-vested equity-based awards granted under its stock incentive
     plan as of March  31,  2008,  which is  expected  to be  recognized  over a
     weighted-average vesting period of approximately 2.2 years.

     A summary of the status of the Corporation's  stock option plan as of March
     31, 2008, and changes during the period then ended is presented below:
<TABLE>
<CAPTION>
                                                                   Three months ended                 Year ended
                                                                     March 31, 2008                December 31, 2007
                                                                              Weighted-                     Weighted-
                                                                               average                       average
                                                                              exercise                       exercise
                                                                  Shares        price           Shares        price

<S>                                                               <C>           <C>              <C>          <C>
    Outstanding at beginning of period                            396,220       $11.21          389,760      $11.17
    Granted                                                            -             -            6,460       13.63
    Exercised                                                          -             -                -           -
    Forfeited                                                          -             -                -           -
                                                                  -------       ------          -------      ------
    Outstanding at end of period                                  396,220       $11.21          396,220      $11.21
                                                                  =======       ======          =======      ======
    Options exercisable at period-end                             154,692       $11.16          154,692      $11.16
                                                                  =======       ======          =======      ======
    Options expected to be exercisable at year-end

    Fair value of options granted                                                N/A                         $ 2.77
                                                                                 ===                         ======
</TABLE>

    The following information applies to options outstanding at March 31, 2008:

    Number outstanding                                                  396,220
    Exercise price                                              $11.15 - $13.63
    Weighted-average exercise price                                      $11.21
    Weighted-average remaining contractual life                       7.2 years


     The expected  term of options is based on  evaluations  of  historical  and
     expected future employee exercise behavior.  The risk free interest rate is
     based upon the U.S. Treasury rates at the date of grant with maturity dates
     approximately equal to the expected life at grant date. Volatility is based
     upon the historical volatility of the Corporation's stock.

                                       11

<PAGE>


                             Cheviot Financial Corp.

             NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)

               For the three months ended March 31, 2008 and 2007


    5.   Stock Option Plan (continued)
         ----------------

     The fair value of each option was  estimated on the date of grant using the
     modified   Black-Scholes   options   pricing   model  with  the   following
     weighted-average  assumptions  used for grants in 2007:  dividend  yield of
     2.35%, expected volatility of 10.12%,  risk-free interest rate of 4.83% and
     an expected life of 10 years for each grant.

     The effects of  expensing  stock  options is reported in "cash  provided by
     financing activities" in the Consolidated Statements of Cash Flows.

    6.   Income Taxes
         ------------

     The  Corporation   adopted  the  provisions  of  FASB   Interpretation  48,
     "Accounting   for  Uncertainty  in  Income  Taxes,"  on  January  1,  2007.
     Previously,   the  Corporation  had  accounted  for  tax  contingencies  in
     accordance  with  Statement  of  Financial   Accounting  Standards  No.  5,
     "Accounting for  Contingencies."  As required by  Interpretation  48, which
     clarifies Statement No. 109, "Accounting for Income Taxes," the Corporation
     recognizes  the  financial  statement  benefit of a tax position only after
     determining  that the  relevant  tax  authority  would more likely than not
     sustain the position  following  an audit.  For tax  positions  meeting the
     more-likely-than-not  threshold,  the amount  recognized  in the  financial
     statements  is the  largest  benefit  that has a  greater  than 50  percent
     likelihood of being realized upon ultimate settlement with the relevant tax
     authority.  At the adoption date, the Corporation applied Interpretation 48
     to all tax positions for which the stature of limitations remained open. As
     a result of the  implementation of  Interpretation  48, the Corporation was
     not required to record any  liability for  unrecognized  tax benefits as of
     January 1, 2007.  There have been no material  changes in unrecognized  tax
     benefits  since January 1, 2007. As stated in the Annual  Report,  the only
     known tax attribute  which can influence  the  Corporation's  effective tax
     rate is the utilization of charitable contribution carryforwards.

     The   Corporation   is  subject  to  income  taxes  in  the  U.S.   federal
     jurisdiction,  as well as  various  state  jurisdictions.  Tax  regulations
     within each  jurisdiction are subject to the  interpretation of the related
     tax laws and regulations and require  significant  judgment to apply.  With
     few exceptions, the Corporation is no longer subject to U.S. federal, state
     and local, or non U.S.  income tax  examinations by tax authorities for the
     years before 2003.

     The Corporation will recognize, if applicable,  interest accrued related to
     unrecognized  tax benefits in interest  expense and  penalties in operating
     expenses.

    7.   Effects of Recent Accounting Pronouncements
         -------------------------------------------

     In September 2006, the FASB issued SFAS No. 157, "Fair Value Measurements."
     This  Statement  defines fair value,  establishes a framework for measuring
     fair value and  expands  disclosures  about fair value  measurements.  This
     Statement  emphasizes  that fair value is a  market-based  measurement  and
     should be determined based on assumptions that a market  participant  would
     use when  pricing an asset or  liability.  This  Statement  clarifies  that
     market  participant  assumptions  should include  assumptions about risk as
     well  as the  effect  of a  restriction  on the  sale  or use of an  asset.
     Additionally,  this  Statement  establishes  a fair  value  hierarchy  that
     provides the highest  priority to quoted  prices in active  markets and the
     lowest  priority to  unobservable  data.  This  Statement is effective  for
     fiscal years  beginning  after  November 15, 2007, or January 1, 2008 as to
     the Company, and interim periods within those fiscal years. The adoption of
     this  Statement  did not have a material  adverse  effect on the  Company's
     financial position or results of operations.
                                       12

<PAGE>
                             Cheviot Financial Corp.

             NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)

               For the three months ended March 31, 2007 and 2006

    7.   Effects of Recent Accounting Pronouncements (continued)
         -------------------------------------------

     In February  2007, the FASB issued SFAS No. 159, "The Fair Value Option for
     Financial Assets and Financial Liabilities - Including an Amendment of FASB
     Statement No. 115." This Statement  allows  companies the choice to measure
     many  financial  instruments  and certain  other  items at fair value.  The
     objective is to improve financial  reporting by providing entities with the
     opportunity to mitigate volatility in reported earnings caused by measuring
     related assets and liabilities  differently without having to apply complex
     hedge accounting  provisions.  This Statement is expected to expand the use
     of fair value  measurement,  which is consistent with the Board's long-term
     measurement  objectives  for  accounting  for financial  instruments.  This
     Statement is effective as of the beginning of an entity's first fiscal year
     that  begins  after  November  15,  2007,  or  January  1,  2008  as to the
     Corporation,  and interim periods within those fiscal years.  The impact of
     this new  pronouncement  was not  material  to the  Company's  consolidated
     financial statements.

     Securities and Exchange Commission (SEC) Staff Accounting Bulletin No. 109,
     Written Loan Commitments  Recorded at Fair Value Through Earnings (SAB 109)
     -- In November 2007,  SEC SAB 109 was issued.  SAB 109 provides the staff's
     views on the  accounting  for  written  loan  commitments  recorded at fair
     value.  To make the  staff's  views  consistent  with  Statement  No.  156,
     Accounting  for Servicing of Financial  Assets,  and Statement No. 159, SAB
     109 revises and rescinds portions of SAB No. 105, Application of Accounting
     Principles to Loan  Commitments,  and requires that the expected net future
     cash flows related to the associated servicing of a loan should be included
     in the measurement of all written loan  commitments  that are accounted for
     at fair value through earnings. The provisions of SAB 109 are applicable to
     written loan  commitments  issued or modified in fiscal quarters  beginning
     after  December  15,  2007.  The Company  adopted  this  Statement  with no
     material impact to the Company's consolidated financial statements.

                                       13

<PAGE>


                             Cheviot Financial Corp.

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


Forward Looking Statements
--------------------------

This  report  on Form 10-Q  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 at December 31, 2007 and at March 31,
2008
--------------------------------------------------------------------------------

Total assets  increased  $2.4 million,  or 0.7%, to $321.5  million at March 31,
2008,  from $319.1  million at December 31,  2007.  The increase in total assets
reflects  an  increase  in cash  and  cash  equivalents,  loans  receivable  and
investment securities, which were partially offset by a decrease mortgage-backed
securities.

Cash, federal funds sold and  interest-earning  deposits increased $1.3 million,
or 13.3%,  to $10.7 million at March 31, 2008, from $9.5 million at December 31,
2007. The increase in cash and cash  equivalents at March 31, 2008, was due to a
$2.5 million  increase in federal funds sold,  which was  partially  offset by a
decrease  in cash and due from banks of $1.2  million and a decrease in interest
earning deposits of $107,000.  Investment  securities increased $1.1 million, or
3.2% to $36.3  million at March 31, 2008.  At March 31, 2008,  $12.0  million of
investment  securities were classified as held to maturity,  while $24.3 million
were classified as available for sale.

Mortgage-backed  securities decreased $1.1 million, or 10.6%, to $9.2 million at
March 31,  2008,  from $10.3  million at  December  31,  2007.  The  decrease in
mortgage-backed  securities  was due  primarily  to  principal  prepayments  and
repayments   totaling  $1.1  million.   At  March  31,  2008,  $8.5  million  of
mortgage-backed  securities were classified as held to maturity,  while $746,000
were classified as available for sale.

Loans receivable, including loans held for sale, increased $799,000, or 0.3%, to
$250.6 million at March 31, 2008,  from $249.8 million at December 31, 2007. The
increase reflects loan originations totaling $16.0 million,  partially offset by
loan principal repayments of $13.9 million and sales of $798,000.

The  allowance for loan losses  totaled  $652,000 and $596,000 at March 31, 2008
and December 31, 2007.  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.
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. The $263,000 increase in the provision for losses on
loans during the quarter ended March 31, 2008 is a reflection of these  factors,
weaker  economic  conditions  in the greater  Cincinnati  area,  and the need to
allocate  approximately  $210,000  in  specific  reserves  for five  residential
properties  totaling $425,000 which were acquired through foreclosure during the
quarter  ended March 31,  2008.  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 March 31,
2008.
                                       14

<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, 2007 to March 31,
2008(continued)
--------------------------------------------------------------------------------

Non-performing  and impaired  loans  totaled  $683,000 and $660,000 at March 31,
2008 and December 31, 2007, respectively.  At March 31, 2008, non-performing and
impaired  loans were  comprised  solely of loans secured by one- to  four-family
residential  real estate.  The allowance for loan losses  represented  95.5% and
90.3% of  non-performing  and impaired  loans at March 31, 2008 and December 31,
2007,   respectively.   Although  management  believes  that  the  Corporation's
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  increased  $300,000 or 0.1%, to $219.8 million at March 31, 2008, from
$219.5 million at December 31, 2007. Advances from the Federal Home Loan Bank of
Cincinnati  increased by $2.9 million,  or 10.1%,  to $31.5 million at March 31,
2008, from $28.7 million at December 31, 2007.

Shareholders' equity decreased $433,000,  or 0.6%, to $67.5 million at March 31,
2008, from $67.9 million at December 31, 2007. The decrease  primarily  resulted
from the repurchase of our common stock totaling  $381,000 and dividends paid of
$310,000,  which were partially offset by net earnings of $97,000.  At March 31,
2008, Cheviot Financial had the ability to purchase an additional 409,127 shares
under its announced stock repurchase plan.

Comparison of Operating Results for the Three-Month Periods Ended March 31, 2008
and 2007
--------------------------------------------------------------------------------

General
-------

Net  earnings  for the three  months  ended March 31, 2008  totaled  $97,000,  a
$109,000  decrease  from the $206,000  net  earnings  reported in the March 2007
period.  The decrease in net earnings  reflects an increase in the provision for
losses on loans of  $263,000  and a decrease of $67,000 in other  income,  which
were  partially  offset by an increase  in net  interest  income of  $59,000,  a
decrease in general, administrative and other expense of $118,000 and a decrease
of $44,000 in federal income taxes for the 2008 quarter.

Net Interest Income
-------------------

Total  interest  income  increased  $195,000  or 4.5%,  to $4.5  million for the
three-months ended March 31, 2008, from the comparable quarter in 2007. Interest
income on loans  increased  $123,000,  or 3.3%, to $3.8 million  during the 2008
period from $3.7 million for the 2007 period. This increase was due primarily to
an $8.1 million,  or 3.3%, increase in the average balance of loans outstanding.
The weighted-average  yield on loans was 6.07% for both quarters ended March 31,
2008 and 2007.

Interest income on  mortgage-backed  securities  decreased  $48,000 or 25.7%, to
$139,000 for the three months ended March 31, 2008,  from  $187,000 for the 2007
quarter,  due  primarily  to a $4.8 million  decrease in the average  balance of
securities outstanding,  which was partially offset by a 57 basis point increase
in the average yield period to period.  Interest income on investment securities
increased  $158,000,  or 39.9%, to $554,000 for the three months ended March 31,
2008,  compared to $396,000 for the same quarter in 2007,  due primarily to a 25
basis point  increase in the average yield to 5.42% in the 2008 quarter,  and an
increase  of $10.2  million,  or  33.4% in the  average  balance  of  investment
securities  outstanding.  Interest  income  on other  interest-earning  deposits
decreased  $38,000,  or 54.3% to $32,000  for the three  months  ended March 31,
2008.

                                       15
<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 March 31, 2008
and 2007 (continued)
-------------------------------------------------------------------------------

Net Interest Income (continued)
------------------

Interest  expense  increased  $136,000,  or 6.0%,  to $2.4 million for the three
months  ended  March 31,  2008,  from $2.2  million for the same period in 2007.
Interest  expense on deposits  increased by $105,000,  or 5.5%,  to $2.0 million
from $1.9  million due  primarily  to a 2 basis point  increase in the  weighted
average costs of deposits to 3.71% during the 2008 period and a $9.9 million, or
4.8%, increase in the weighted-average balance outstanding.  Interest expense on
borrowings  increased by $31,000,  or 9.0%, due primarily to a $4.0 million,  or
13.9%,  increase in the average balance outstanding,  which was partially offset
by a 20 basis point decrease in the average cost of borrowings.

As a result of the foregoing  changes in interest  income and interest  expense,
net interest income increased by $59,000, or 2.8%, to $2.1 million for the three
months ended March 31, 2008. The average  interest rate spread was 2.08% for the
three months ended March 31, 2008 and 2007. The net interest margin decreased to
2.80% for the three  months ended March 31, 2008 from 2.84% for the three months
ended March 31, 2007.

Provision for Losses on Loans
-----------------------------

Management  recorded  a  $263,000  provision  for  losses on loans for the three
months ended March 31, 2008.  There was no provision for the losses on loans for
the three months ended March 31, 2007.  There can be no assurance  that the loan
loss allowance will be sufficient to cover losses on non-performing loans in the
future,  however management believes they have identified all known and inherent
losses that are probable and that can be  reasonably  estimated  within the loan
portfolio, and that the allowance is adequate to absorb such losses.

Other Income
------------

Other income decreased $67,000,  or 51.9%, to $62,000 for the three months ended
March 31,  2008,  compared  to the same  quarter in 2007,  due  primarily  to an
increase  in the loss on sale of real estate  acquired  through  foreclosure  of
$58,000 and a decrease of $10,000 in the gain on sale of loans.

General, Administrative and Other Expense
-----------------------------------------

General,  administrative and other expense decreased $118,000,  or 6.1%, to $1.8
million for the three  months  ended March 31,  2008,  from $1.9 million for the
comparable  quarter in 2007.  This decrease is a result of a decrease of $98,000
in employee  compensation and benefits and a $59,000 decrease in other operating
expense.  The decrease in employee  compensation and benefits is a result of the
decrease  in  compensation  expense  recorded  for the fair value of ESOP shares
allocated as a result of the decrease in the average  stock price and a decrease
in the  expense  related  to  health  insurance  costs.  The  decrease  in other
operating expense reflects a $50,000  settlement which was paid during the three
months ended March 31, 2007.
                                       16

<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 March 31, 2008
and 2007 (continued)
--------------------------------------------------------------------------------

Federal Income Taxes
--------------------

The provision for federal income taxes decreased  $44,000,  or 53.0%, to $39,000
for the three months ended March 31, 2008,  from $83,000 for the same quarter in
2007, due primarily to a $153,000, or 52.9%,  decrease in pre-tax earnings.  The
effective  tax rate was 28.7% for both the three month  periods  ended March 31,
2008 and 2007. The difference  between the  Corporation's  effective tax rate in
the 2008 and 2007 periods and the 34% statutory  corporate rate is due primarily
to the tax-exempt earnings on bank-owned life insurance,  tax exempt interest on
municipal  obligations  and tax  benefits  for the  contribution  to the Cheviot
Savings Bank Foundation.


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 year ended
December 31, 2007.

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 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.

                                       17

<PAGE>

                             Cheviot Financial Corp.

                                     PART II

ITEM 1.  Legal Proceedings
         -----------------
                  None.

ITEM 1A. Risk Factors
         ------------

          There have been no changes to the Corporation's risk factors since the
          filing of the  Corporation's  Annual  Report on Form 10-K for the year
          ended December 31, 2007.

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

          The Corporation  announced a repurchase plan on January 16, 2008 which
          provides  for the  repurchase  of 5% or  447,584  shares of our common
          stock.  As of March 31, 2008,  the  Corporation  had purchased  38,457
          shares pursuant to the program.

<TABLE>
<CAPTION>
                                                                                 Total # of
                                                                              shares purchased
                                         Total              Average          as part of publicly
                                      # of shares         price paid           announced plans
         Period                         purchased           per share             or programs
         ------                         ---------           ---------            ------------
<S>       <C>                           <C>                 <C>                     <C>
         January 1-31, 2008               6,695               $9.42                   6,695
         February 1-29, 2008             20,963               $10.12                 27,658
         March 1 - 31, 2008              10,799               $9.88                  38,457
</TABLE>


ITEM 3.  Defaults Upon Senior Securities
         -------------------------------
                  Not applicable.

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

                  None.

ITEM 5.  Other Information

                  None.

ITEM 6.  Exhibits

          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.

                                       18
<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:   May 9, 2008                   By:  /s/Thomas J. Linneman
       ----------------                    -------------------------------------
                                           Thomas J. Linneman
                                           President and Chief Executive Officer



Date:   May 9, 2008                   By:  /s/Scott T. Smith
       ----------------                    -------------------------------------
                                           Scott T. Smith
                                           Chief Financial Officer
                                       19

<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, 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.   Designed such internal  control over  financial  reporting,  or caused
          such internal  control over  financial  reporting to be designed under
          our  supervision,   to  provide  reasonable  assurance  regarding  the
          reliability  of financial  reporting and the  preparation of financial
          statements for external purposes in accordance with generally accepted
          accounting principles;
     c.   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
     d.   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:  May 9, 2008                     /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, 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.   Designed such internal  control over  financial  reporting,  or caused
          such internal  control over  financial  reporting to be designed under
          our  supervision,   to  provide  reasonable  assurance  regarding  the
          reliability  of financial  reporting and the  preparation of financial
          statements for external purposes in accordance with generally accepted
          accounting principles;
     c.   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
     d.   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:  May 9, 2008                               /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 March 31, 2007, 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:  May 9, 2008




<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 March 31, 2008, 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: May 9, 2008