SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549




                                    FORM 8-K


                                 CURRENT REPORT


                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934



                Date of Report (Date of earliest event reported)
                                November 15, 1999




                           FIRST NILES FINANCIAL, INC.
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            (Exact name of Registrant as specified in its Charter)




Delaware                   0-24849                    34-1870418
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(State or other         (Commission File             (IRS Employer
 jurisdiction of             Number)                  Identification
 incorporation)                                             No.)




55 North Main Street, Niles, Ohio                        44446
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(Address of principal executive offices)               Zip Code)





Registrant's telephone number, including area code: (330) 652-2539
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ITEM 5.  OTHER ITEMS

          Attached  as Exhibit  99.1 is the  Registrant's  press  release  dated
          November  15,  1999  announcing  the  declaration  of a  special  cash
          distribution  of $6.00 per  share  payable  on  December  13,  1999 to
          shareholders of record on November 29, 1999.


ITEM 7.  FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS

     (c) The following exhibit is filed as part of this Report:

         99.1  Press Release dated November 15, 1999.


                                    SIGNATURE


     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.


                                    FIRST NILES FINANCIAL, INC.



Date: November 15, 1999             By:  /s/ Lawrence Safarek
                                         ----------------------------------
                                         Lawrence Safarek
                                         Vice President and Treasurer





                            EXHIBIT INDEX




Exhibit
Number                        Description
- -------      --------------------------------------------------------

99.1         Press Release dated November 15, 1999