Page 1 of 16

                                  Page 1 of 18
                                  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, 2006
                                --------------------------------------

                                       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   [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 12, 2006, the latest practicable date, 9,550,907 shares of the
registrant's common stock, $.01 par value, were issued and outstanding.

                                  Page 1 of 18

<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                                                            13

       Quantitative and Qualitative Disclosures about
       Market Risk                                                           16

       Controls and Procedures                                               16

PART II  -        OTHER INFORMATION                                          17

SIGNATURES                                                                   18

                                       2

<PAGE>


                             Cheviot Financial Corp.

                 CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION

                        (In thousands, except share data)
<TABLE>
<CAPTION>

                                                                                          March 31,        December 31,
         ASSETS                                                                                2006                2005
                                                                                        (Unaudited)

<S>                                                                                      <C>                 <C>
Cash and due from banks                                                                  $    2,146          $    2,425
Federal funds sold                                                                              642               1,715
Interest-earning deposits in other financial institutions                                     3,076               4,963
                                                                                          ---------           ---------
         Cash and cash equivalents                                                            5,864               9,103

Investment securities held to maturity - at cost, approximate market value of
  $26,422 and $26,509 at March 31, 2006
  and December 31, 2005, respectively                                                        27,088              27,084
Mortgage-backed securities available for sale - at fair value                                 1,205               1,269
Mortgage-backed securities held to maturity - at cost, approximate
  market value of $18,838 and $20,193 at March 31, 2006 and
  December 31, 2005, respectively                                                            18,898              20,285
Loans receivable - net                                                                      228,374             222,053
Loans held for sale - at lower of cost or market                                                157                 658
Real estate acquired through foreclosure - net                                                   89                  89
Office premises and equipment - at depreciated cost                                           4,013               3,628
Federal Home Loan Bank stock - at cost                                                        3,100               3,057
Accrued interest receivable on loans                                                            941                 873
Accrued interest receivable on mortgage-backed securities                                        68                  72
Accrued interest receivable on investments and interest-earning deposits                        236                 298
Prepaid expenses and other assets                                                               403                 145
Bank-owned life insurance                                                                     3,158               3,121
Prepaid federal income taxes                                                                     -                   56
                                                                                          ---------           ---------
         Total assets                                                                      $293,594            $291,791
                                                                                          =========           =========

         LIABILITIES AND SHAREHOLDERS' EQUITY

Deposits                                                                                   $183,328            $181,238
Advances from the Federal Home Loan Bank                                                     33,891              33,209
Advances by borrowers for taxes and insurance                                                   654               1,063
Accounts payable and other liabilities                                                        1,031               1,090
Accrued federal income taxes                                                                    268                  -
Deferred federal income taxes                                                                   378                 381
                                                                                          ---------           ---------
         Total liabilities                                                                  219,550             216,981

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 March 31, 2006 and December 31, 2005              99                  99
  Additional paid-in capital                                                                 42,894              42,824
  Shares acquired by stock benefit plans                                                     (5,092)             (5,092)
  Treasury stock - at cost, 301,595 and 216,208 shares at March 31, 2006
    and December 31, 2005                                                                    (3,539)             (2,537)
  Retained earnings - restricted                                                             39,693              39,524
  Accumulated comprehensive loss, unrealized losses on securities available
    for sale, net of tax benefits                                                               (11)                 (8)
                                                                                          ---------           ---------
         Total shareholders' equity                                                          74,044              74,810
                                                                                          ---------           ---------
         Total liabilities and shareholders' equity                                        $293,594            $291,791
                                                                                          =========           =========
</TABLE>

See accompanying notes to consolidated financial statements.

                                        3

<PAGE>
                             Cheviot Financial Corp.

                CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)

               For the three months ended March 31, 2006 and 2005
                      (In thousands, except per share data)
<TABLE>
<CAPTION>
                                                                                               2006                2005
Interest income
<S>                                                                                          <C>                 <C>
  Loans                                                                                      $3,323              $2,953
  Mortgage-backed securities                                                                    214                 217
  Investment securities                                                                         265                 218
  Interest-earning deposits and other                                                            42                  41
                                                                                            -------             -------
         Total interest income                                                                3,844               3,429

Interest expense
  Deposits                                                                                    1,221                 865
  Borrowings                                                                                    387                 202
                                                                                            -------             -------
         Total interest expense                                                               1,608               1,067
                                                                                            -------             -------
         Net interest income                                                                  2,236               2,362

Other income
  Gain on sale of loans                                                                           7                   1
  Loss on sale of real estate acquired through foreclosure                                       -                   (6)
  Earnings on bank-owned life insurance                                                          37                  11
  Other operating                                                                                76                  73
                                                                                            -------             -------
         Total other income                                                                     120                  79

General, administrative and other expense
  Employee compensation and benefits                                                          1,019                 825
  Occupancy and equipment                                                                       101                 116
  Data processing                                                                                67                  59
  Property, payroll and other taxes                                                             206                 169
  Legal and professional                                                                        102                 128
  Advertising                                                                                    44                  44
  Other operating                                                                               141                 135
                                                                                            -------             -------
         Total general, administrative and other expense                                      1,680               1,476
                                                                                            -------             -------

         Earnings before federal income taxes                                                   676                 965

Federal income taxes
  Current                                                                                       217                 284
  Deferred                                                                                       (2)                 42
                                                                                            -------             -------
         Total federal income taxes                                                             215                 326
                                                                                            -------             --------
         NET EARNINGS                                                                       $   461             $   639
                                                                                            =======             =======
         EARNINGS PER SHARE
           Basic                                                                            $   .05                $.07
                                                                                            =======             =======

           Diluted                                                                          $   .05                $.07
                                                                                            =======             =======

           Dividends declared per share                                                     $   .07                $.06
                                                                                            =======             =======
</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, 2006 and 2005
                                 (In thousands)
<TABLE>
<CAPTION>

                                                                                                      2006           2005

<S>                                                                                                   <C>            <C>
Net earnings for the period                                                                           $461           $639

Other comprehensive gain (loss), net of tax (benefits):
  Unrealized holding losses on securities during the
    period, net of taxes (benefits) of $(2) and $2 for the periods
    ended March 31, 2006 and 2005                                                                       (3)             3
                                                                                                     -----          -----
Comprehensive income                                                                                  $458           $642
                                                                                                     =====          =====
Accumulated comprehensive loss                                                                       $ (11)          $ (3)
                                                                                                     =====          =====
</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, 2006 and 2005
                                 (In thousands)
<TABLE>
<CAPTION>

                                                                                               2006                2005
Cash flows from operating activities:
<S>                                                                                       <C>                 <C>
  Net earnings for the period                                                             $     461           $     639
  Adjustments to reconcile net earnings to net cash
  provided by operating activities:
    Amortization of premiums and discounts on investment
      and mortgage-backed securities, net                                                        -                   20
    Depreciation                                                                                 53                  61
    Amortization of deferred loan origination fees - net                                         (9)                 (1)
    Proceeds from sale of loans in the secondary market                                         744                  91
    Loans originated for sale in the secondary market                                          (900)                (90)
    Amortization of expense related to stock benefit plans                                       11                 100
    Gain on sale of loans                                                                        (7)                 (1)
    Loss on sale of real estate acquired through foreclosure                                     -                    6
    Federal Home Loan Bank stock dividends                                                      (43)                (32)
    Net increase in cash surrender value of bank-owned  life insurance                          (37)                (11)
    Increase (decrease) in cash due to changes in:
      Accrued interest receivable on loans                                                      (68)                (32)
      Accrued interest receivable on mortgage-backed securities                                   4                   9
      Accrued interest receivable on investments and interest-earning deposits                   62                  (1)
      Prepaid expenses and other assets                                                        (258)               (137)
      Accounts payable and other liabilities                                                    (59)               (387)
      Federal income taxes
        Current                                                                                 324                 104
        Deferred                                                                                 (2)                 42
                                                                                           --------             -------
         Net cash flows provided by operating activities                                        276                 380

Cash flows used in investing activities:
  Principal repayments on loans                                                               7,077               9,557
  Loan disbursements                                                                        (12,725)             (9,014)
  Principal repayments on mortgage-backed securities                                          1,443               1,933
  Proceeds from sale of real estate acquired through foreclosure                                 -                   84
  Purchase of office premises and equipment                                                    (438)                (58)
  Purchase of bank-owned life insurance                                                          -               (3,000)
                                                                                            --------             -------
         Net cash flows used in investing activities                                         (4,717)               (520)

Cash flows provided by financing activities:
  Net increase (decrease) in deposits                                                         2,090                 (54)
  Proceeds from Federal Home Loan Bank advances                                               2,000               5,000
  Repayments on Federal Home Loan Bank advances                                              (1,318)               (509)
  Advances by borrowers for taxes and insurance                                                (409)               (343)
  Stock option expense, net                                                                      59                  -
  Treasury stock repurchases                                                                 (1,002)                 -
  Dividends paid on common stock                                                               (292)               (268)
                                                                                           --------             -------
         Net cash flows provided by financing activities                                      1,128               3,826
                                                                                           --------             -------

Net increase (decrease) in cash and cash equivalents                                         (3,239)              3,708
Cash and cash equivalents at beginning of period                                              9,103               7,725
                                                                                           --------             -------
Cash and cash equivalents at end of period                                                 $  5,864             $11,433
                                                                                           ========             =======
</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, 2006 and 2005
                                 (In thousands)
<TABLE>
<CAPTION>

                                                                                               2006                2005

Supplemental disclosure of cash flow information:
<S>                                                                                      <C>                  <C>
  Cash paid during the period for:
    Federal income taxes                                                                    $   208              $  200
                                                                                            =======              ======
    Interest on deposits and borrowings                                                     $ 1,608              $1,067
                                                                                            =======              ======
Supplemental disclosure of non-cash investing activities:
  Recognition of mortgage servicing rights in
   accordance with SFAS No. 140                                                             $     6              $    1
                                                                                            =======              ======
</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, 2006 and 2005


1.   Basis of Presentation

In  January  2004,   Cheviot  Financial  Corp.   ("Cheviot   Financial"  or  the
"Corporation")   completed  a  Plan  of   Reorganization   (the  "Plan"  or  the
"Reorganization")  pursuant to which Cheviot  Savings Bank (the "Savings  Bank")
reorganized   into  a  two-tier  mutual  holding  company   structure  with  the
establishment  of Cheviot  Financial,  as parent of the Savings  Bank,  with the
Savings  Bank  converting  to stock  form and  issuing  all the  Savings  Bank's
outstanding stock to Cheviot Financial.  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 totaled 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 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  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, 2005. 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, 2006, 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, 2006,  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, 2006 and December 31, 2005,  we had $33.9  million and
$33.2 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 $98.6 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, 2006 and 2005


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,
2006, loan originations totaled $13.6 million,  compared to $9.1 million for the
three months ended March 31, 2005.

Total  deposits  increased  $2.1 million during the three months ended March 31,
2006, while total deposits decreased $54,000 during the three months ended March
31,  2005.  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, 2006.
<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)

    Contractual obligations:
<S>                                                     <C>             <C>               <C>      <C>        <C>
      Advances from the Federal Home Loan Bank          $    2,000      $     -          $ -       $31,891    $  33,891
      Certificates of deposit                               82,034        32,741          395           -       115,170
      Construction of branch (1)                               307            -            -            -           307

    Amount of loan commitments and expiration per period:
      Commitments to originate one- to four-family
        loans                                                2,527            -            -            -         2,527
      Home equity lines of credit                           10,660            -            -            -        10,660
      Undisbursed loans in process                           5,494            -            -            -         5,494
      Lease obligations                                          4             1           -            -             5
                                                          --------       -------         -----     -------     --------

         Total contractual obligations                    $103,026       $32,742         $ 395     $31,891     $168,054
                                                          ========       =======         =====     =======     ========
</TABLE>
---------------------
(1)  The total  commitment  related to the branch was $794,000 of which $487,000
     has been  disbursed.  In addition,  at March 31, 2006,  we were in contract
     negotiations for the construction of an additional new branch.

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, 2006 and 2005


3.   Liquidity and Capital Resources (continued)

At March 31, 2006 and 2005, we exceeded all of the applicable regulatory capital
requirements.  Our core (Tier 1) capital was $49.2 million and $59.2 million, or
16.8% and 21.1% of total  assets at March 31,  2006 and 2005,  respectively.  In
order to be classified as "well-capitalized"  under federal banking regulations,
we were  required  to have core  capital of at least $17.6  million,  or 6.0% of
assets as of March 31, 2006.  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, 2006 and 2005, we had a total risk-based capital ratio
of 34.4% and 44.7%, 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 285,661 and 321,368  unallocated shares held by the ESOP for the three months
ended March 31, 2006 and 2005, respectively.
<TABLE>
<CAPTION>

                                                                                               For the three months ended
                                                                                                         March 31,
                                                                                                    2006           2005

<S>                                                                                       <C>               <C>
         Weighted-average common shares
           outstanding (basic)                                                                 9,363,410      9,597,383
         Dilutive effect of assumed exercise
           of stock options                                                                       16,468             -
                                                                                               ---------      ---------
         Weighted-average common shares
           outstanding (diluted)                                                               9,379,878      9,597,383
                                                                                               =========      =========
</TABLE>

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. On May 5, 2005, approximately 384,000
option shares were granted subject to five year vesting.

Prior to  January 1, 2006,  the  Corporation  utilized  APB  Opinion  No. 25 and
related Interpretations in accounting for its stock option plan. Accordingly, no
compensation  cost had been recognized for the plan. As the Stock Incentive Plan
was  approved  subsequent  to March 31,  2005,  no  pro-forma  disclosures  were
required for the three months then ended.

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.

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  will apply 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

                                       10

<PAGE>


                             Cheviot Financial Corp.

             NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)

               For the three months ended March 31, 2006 and 2005


5.   Stock Option Plan (continued)

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,  2006,  the Company  recorded  $59,000 in  after-tax  compensation  cost for
equity-based  awards that vested  during the three  months ended March 31, 2006.
The Corporation has $1.0 million  unrecognized pre-tax compensation cost related
to non-vested  equity-based  awards granted under its stock incentive plan as of
March 31,  2006,  which is expected  to be  recognized  over a  weighted-average
vesting period of approximately 4 years.

A summary of the status of the  Corporation's  stock option plan as of March 31,
2006, and changes during the period then ended is presented below:
<TABLE>
<CAPTION>

                                                                   Three months ended                   Year ended
                                                                     March 31, 2006                  December 31, 2005
                                                                                Weighted-                       Weighted-
                                                                                average                          average
                                                                                exercise                        exercise
                                                                  Shares         price           Shares          price

<S>                                                               <C>           <C>                             <C>
    Outstanding at beginning of period                            383,700       $11.15                -       $    -
    Granted                                                            -            -            383,700       11.15
    Exercised                                                          -            -                 -            -
    Forfeited                                                          -            -                 -            -
                                                                 --------       ------          --------     --------
    Outstanding at end of period                                  383,700       $11.15           383,700      $11.15
                                                                 ========       ======          ========     =======
    Options exercisable at period-end                                  -        $   -                 -       $  -
                                                                 ========       ======          ========     =======
    Options expected to be exercisable at year-end                 76,740                             -
                                                                 ========                       ========
    Fair value of options granted                                               $   -                         $ 3.36
                                                                                ======                       =======

    The following information applies to options outstanding at March 31, 2006:

    Number outstanding                                                                                       383,700
    Exercise price                                                                                            $11.15
    Weighted-average exercise price                                                                           $11.15
    Weighted-average remaining contractual life                                                            9.1 years
</TABLE>

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.

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  2005:  dividend  yield  of  2.15%,  expected
volatility of 22.5% risk-free  interest rate of 4.19% and an expected life of 10
years for each grant.

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

                                       11
<PAGE>

                             Cheviot Financial Corp.

             NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)

               For the three months ended March 31, 2006 and 2005


6.   Effects of Recent Accounting Pronouncements

In February 2006, the FASB issued SFAS No. 155,  "Accounting  for Certain Hybrid
Instruments - an amendment of FASB  Statements No. 133 and 140," to simplify and
make  more  consistent  the  accounting  for  certain   financial   instruments.
Specifically,  SFAS No. 155 amends  SFAS No.  133,  "Accounting  for  Derivative
Instruments and Hedging  Activities," to permit fair value remeasurement for any
hybrid  financial  instrument  with an embedded  derivative that otherwise would
require  bifurcation,  provided that the whole  instrument is accounted for on a
fair value basis.  SFAS No. 155 amends SFAS No. 140,  "Accounting  for Transfers
and Servicing of Financial Assets and Extinguishment of Liabilities," to allow a
qualifying special purpose entity to hold a derivative  instrument that pertains
to a beneficial interest other than another derivative financial instrument.

SFAS No. 155 is effective for all financial instruments acquired or issued after
the beginning of an entity's  first fiscal year that begins after  September 15,
2006,  or  January  1,  2007 as to the  Corporation,  with  earlier  application
allowed.  The  Corporation  is currently  evaluating  SFAS No. 155, but does not
expect it to have a material effect on the Corporation's  financial  position or
results of operations.

In March  2006,  the FASB  issued SFAS No. 156,  "Accounting  for  Servicing  of
Financial Assets - an amendment of SFAS No. 140," to simplify the accounting for
separately recognized servicing assets and servicing liabilities.  Specifically,
SFAS No.  156 amends  SFAS No.  140 to  require an entity to take the  following
steps:

     o    Separately recognize financial assets as servicing assets or servicing
          liabilities,  each  time it  undertakes  an  obligation  to  service a
          financial asset by entering into certain kinds of servicing contracts;
     o    Initially  measure  all  separately  recognized  servicing  assets and
          liabilities at fair value, if practicable, and;
     o    Separately  present  servicing  assets  and  liabilities  subsequently
          measured at fair value in the  statement  of  financial  position  and
          additional  disclosures for all separately recognized servicing assets
          and servicing liabilities.

Additionally,  SFAS No. 156 permits,  but does not require,  an entity to choose
either  the  amortization  method  or the  fair  value  measurement  method  for
measuring  each class of separately  recognized  servicing  assets and servicing
liabilities. SFAS No. 156 also permits a servicer that uses derivative financial
instruments  to offset  risks on servicing  to use fair value  measurement  when
reporting both the derivative  financial  instrument and related servicing asset
or liability.

SFAS  No.  156  applies  to  all  separately  recognized  servicing  assets  and
liabilities  acquired or issued after the  beginning of an entity's  fiscal year
that begins after September 15, 2006, or January 1, 2007 as to the  Corporation,
with earlier application permitted. The Corporation is currently evaluating SFAS
No. 156, but does not expect it to have a material  effect on the  Corporation's
financial position or results of operations.

                                       12


<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 from December 31,2005 to March 31,2006
--------------------------------------------------------------------------------

Total assets  increased  $1.8 million,  or 0.6%, to $293.6  million at March 31,
2006,  from $291.8  million at December 31,  2005.  The increase in total assets
reflects an increase in loans  receivable  and office  premises  and  equipment,
which were  partially  offset by a  decrease  in cash and cash  equivalents  and
mortgage-backed securities.

Cash, federal funds sold and  interest-earning  deposits decreased $3.2 million,
or 35.6%,  to $5.9 million at March 31, 2006,  from $9.1 million at December 31,
2005.  The  decrease  in cash and  cash  equivalents  was due to a $1.1  million
decrease in federal  funds sold and a decrease in  interest-earning  deposits of
$1.9  million,  and a decrease in cash and cash due from banks of  $279,000,  or
11.5%,  at March  31,  2006.  Investment  securities  increased  $4,000 to $27.1
million at March 31, 2006. All  investment  securities are classified as held to
maturity.

Mortgage-backed  securities decreased $1.5 million, or 6.7%, to $20.1 million at
March 31,  2006,  from $21.6  million at  December  31,  2005.  The  decrease in
mortgage-backed  securities  was due  primarily  to  principal  prepayments  and
repayments   totaling  $1.4  million.  At  March  31,  2006,  $18.9  million  of
mortgage-backed  securities  were  classified  as held to  maturity,  while $1.2
million were classified as available for sale.  Since June 2004,  management has
focused on investing in shorter term investments in an effort to further enhance
the  Corporation's  interest  rate  risk  position  in a  rising  interest  rate
environment.

Loans receivable increased $5.8 million, or 2.6%, to $228.5 million at March 31,
2006,  from $222.7  million at December 31, 2005.  The  increase  reflects  loan
originations  totaling $13.6 million and sales of $737,000,  partially offset by
loan principal repayments of $7.1 million.

The  allowance  for loan  losses  totaled  $808,000  at both March 31,  2006 and
December 31, 2005,  respectively.  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.  This segment of the loss  analysis  resulted in no
addition to the  provision  for loss for the quarter  ended March 31, 2006.  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, 2006.

                                       13

<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, 2005 to March 31,
2006 (continued)
------------------------------------------------------------------------------

Non-performing  and impaired  loans totaled  $149,000 at both March 31, 2006 and
December 31, 2005, respectively.  At March 31, 2006, non-performing and impaired
loans were  comprised of loans secured by one- to four-family  residential  real
estate  totaling  $14,000 and by multi-family  residential  real estate totaling
$135,000. The allowance for loan losses represented 542.3% of non-performing and
impaired  loans at both March 31,  2006 and  December  31,  2005,  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  increased $2.1 million,  or 1.2%, to $183.3 million at March 31, 2006,
from $181.2  million at December 31, 2005.  Advances  from the Federal Home Loan
Bank of Cincinnati increased by $682,000, or 2.1%, to $33.9 million at March 31,
2006,  from $33.2  million at December 31, 2004.  The  Corporation  utilized the
advance proceeds as the primary funding source for growth in the loan portfolio.

Shareholders' equity decreased $766,000,  or 1.0%, to $74.0 million at March 31,
2006, from $74.8 million at December 31, 2005. The decrease  primarily  resulted
from the  repurchase of treasury  shares of $1.0 million and  dividends  paid of
$292,000, which were partially offset by net earnings of $461,000.

Comparison of Operating Results for the Three-Month Periods Ended
March 31, 2006 and 2005
------------------------------------------------------------------

General
-------

Net  earnings for the three  months  ended March 31, 2006  totaled  $461,000,  a
$178,000  decrease  from the $639,000  net  earnings  reported in the March 2005
period. The decrease in net earnings reflects a $204,000 increase in general and
administrative  expense  in  2006  and a  decrease  in net  interest  income  of
$126,000,  which was partially  offset by an increase in other income of $41,000
and a decrease of $111,000 in federal income taxes for the 2006 quarter.

Net Interest Income

Total interest  income  increased  $415,000,  or 12.1%,  to $3.8 million for the
three-months ended March 31, 2006, from the comparable quarter in 2005. Interest
income on loans  increased  $370,000,  or 12.5%, to $3.3 million during the 2006
period from $3.0 million for the 2005 period. This increase was due primarily to
a $23.2 million, or 11.5%, increase in the average balance of loans outstanding,
and a 5 basis point increase in the weighted-average yield on loans to 5.88% for
2006 quarter from 5.83% for the three months ended March 31, 2005.

                                       14

<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, 2006 and 2005  (continued)
------------------------------------------------------------------

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

Interest income on  mortgage-backed  securities  decreased  $3,000,  or 1.4%, to
$214,000 for the three months ended March 31, 2006,  from  $217,000 for the 2005
quarter,  due  primarily  to a $7.3 million  decrease in the average  balance of
securities outstanding, which was partially offset by a 105 basis point increase
in the average yield period to period.  Interest income on investment securities
increased  $47,000,  or 21.6%,  to $265,000 for the three months ended March 31,
2006,  compared to $218,000 for the same quarter in 2005, due primarily to a 101
basis point  increase in the average yield to 3.91% in the 2006  quarter,  which
was partially offset by a $2.9 million,  or 9.8% decrease in the average balance
of investment securities outstanding.  Interest income on other interest-earning
deposits  increased $1,000, or 2.4%, to $42,000 for the three months ended March
31, 2006,  due primarily to a 237 basis point  increase in the  weighted-average
yield,  to 5.10% for the three months ended March 31, 2006,  which was partially
offset by a $2.7  million  decrease in the average  balance of  interest-earning
deposits.

Interest  expense  increased  $541,000,  or 50.7%, to $1.6 million for the three
months  ended  March 31,  2006,  from $1.1  million for the same period in 2005.
Interest  expense on deposits  increased by $356,000,  or 41.2%, to $1.2 million
from $865,000 due primarily to a 78 basis point increase in the weighted average
costs of deposits to 2.74% during the 2006 period and a $1.6 million increase in
the  weighted-average  balance  outstanding.   Interest  expense  on  borrowings
increased by $185,000,  or 91.6%,  due primarily to a $14.9  million,  or 81.8%,
increase in the average balance outstanding and a 24 basis point increase in the
average  cost of  borrowings.  The  increase  in the yields on  interest-earning
assets  and costs of  interest-bearing  liabilities  were due  primarily  to the
overall increase in market rates in the March 2006 quarter.

As a result of the foregoing  changes in interest  income and interest  expense,
net interest  income  decreased by  $126,000,  or 5.3%,  to $2.2 million for the
three months ended March 31, 2006. The average interest rate spread decreased to
2.51% for the three  months ended March 31, 2006 from 2.96% for the three months
ended March 31, 2005. The net interest  margin  decreased to 3.23% for the three
months  ended  March 31,  2006 from 3.54% for the three  months  ended March 31,
2005.

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

As a result of the allowance  for loan losses  analysis  described  elsewhere in
this  document,  management  concluded  that the  allowance  for  loan  loss was
adequate,  and therefore,  elected not to record a provision for losses on loans
for the  three-months  ended March 31, 2006 and 2005.  There can be no assurance
that  the  loan  loss   allowance   will  be   sufficient  to  cover  losses  on
non-performing loans in the future.

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

Other income increased $41,000, or 51.9%, to $120,000 for the three months ended
March 31,  2006,  compared  to the same  quarter in 2005,  due  primarily  to an
increase of $26,000 in the surrender value of life insurance, an increase in the
gain on sale of loans of $6,000, an increase in other operating income of $3,000
and the  absence  of a  $6,000  loss on sale  of real  estate  acquired  through
foreclosure.

                                       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, 2006 and 2005  (continued)
------------------------------------------------------------------

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

General,  administrative and other expense increased $204,000, or 13.8%, to $1.7
million for the three  months  ended March 31,  2006,  from $1.5 million for the
comparable quarter in 2005. This increase is a result of an increase of $194,000
in employee  compensation  and  benefits,  an  increase of $37,000 in  property,
payroll, and other taxes and a $6,000 increase in other operating expenses.  The
increase in employee  compensation  and benefits is due primarily to an increase
in  expense  related to stock  benefit  plans and an  increase  in the number of
employees  as a result of the  Corporation's  growth.  The increase in property,
payroll,  and other  taxes is due  primarily  to an increase in the scale of the
Corporation's  operations  year  over  year.  The  increase  in other  operating
expenses was due primarily to services  provided to identify and improve  branch
operations.

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

The provision for federal income taxes decreased $111,000, or 34.0%, to $215,000
for the three months ended March 31, 2006, from $326,000 for the same quarter in
2005, due primarily to a $289,000, or 29.9%,  decrease in pre-tax earnings.  The
effective  tax rate was 31.8% and 33.8% for the three month  periods ended March
31, 2006 and 2005. The difference between the Corporation's  31.8% effective tax
rate in the 2006 period and the 34% statutory corporate rate is due primarily to
the tax exempt earnings on bank-owned life insurance.

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, 2005.

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.

                                       16

<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, 2005.

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

          The  Corporation  announced a repurchase  plan on March 29, 2005 which
          provides for the  repurchase of 5% or 495,937 of our common stock.  As
          of March 31,  2006,  the  Corporation  had  purchased  301,595  shares
          pursuant to the program,  leaving 194,342 common shares  available for
          repurchase.
<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>                    <C>
                  January 1-31, 2006                         39,472               $11.67                 39,472
                  February 1-28 2006                         35,131               $11.79                 35,131
                  March 1-31, 2006                           10,784               $11.77                 10,784
</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.
                                       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:   May 12, 2006                    By: /s/ Thomas J. Linneman
       -----------------                   ------------------------------------
                                           Thomas J. Linneman
                                           President and Chief Executive Officer



Date:   May 12, 2006                    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, 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:  May 12, 2006                        /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.   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:  May 12, 2006                               /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, 2006, 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 12, 2006




<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, 2006, 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 12, 2006