YONKERS FINANCIAL CORP
SC 13D/A, 1999-11-01
SAVINGS INSTITUTION, FEDERALLY CHARTERED
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                       SECURlTIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                 SCHEDULE 13D

                  Under the Securities and Exchange Act of 1934
                               (Amendment No. 3 )*

                              Yonkers Financial Corporation
- -------------------------------------------------------------------------------

                                  Common Stock
- -------------------------------------------------------------------------------
                                   0-27716

 -----------------------------------------------------------------------------
                                 (CUSIP Number)
Lawrence B. Seidman, 100 Misty Lane, Parsippany, NJ 07054,
                            (973) 560-1400, Ext.108

- -------------------------------------------------------------------------------
                 (Name, Address and Telephone Number of Person
              Authorized to Receive Notices and Communications)
                               October 29, 1999
- ----------------------------------------------------------------------------
             (Date of Event which Requires Filing of this Statement)

If the filing person has previously  filed a statement on Schedule 13G to report
the  acquisition  which is the subject of this  Schedule 13D, and is filing this
schedule because of Rule 13d-l(b)(3) or (4), check the following box .

Check the  following  box if a fee is being paid with the  statement . (A fee is
not required only if the reporting person:  (I) has a previous statement on file
reporting  beneficial  ownership  of more  than  five  percent  of the  class of
securities described in Item l; and (2) has hled no amendment subsequent thereto
reporting  beneficial ownership of hve percent or less of such class.) (See Rule
13d-7.)

Note: Six copies of this statement,  including all exhibits,  should be filed
with the  Commission.  See Rule 13d-l(a) for other parties to whom
copies are to be sent.

*The  remainder of this cover page shall be filled out for a reporting  person's
initial filing on this form with respect to the subject class of securities, and
for  any  subsequent   amendment   containing   information  which  would  alter
disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the  Securities  Exchange  Act of
1934 ("Act") or otherwise  subject to the liabilities of that section of the Act
but  shall be  subjcct  to all other  provisions  of the Act  (however,  see the
Notes).


<PAGE>


CUSIP NO. 0-27716
 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

1 Seidman and Associates, L.L.C. 22-3343079
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                     (a) /X/
                                   (b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS
WC OO
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e)                                         / /
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
New Jersey
- --------------------------------------------------------------------------------

                           7  SOLE VOTING POWER
NUMBER OF                                   58,000
                  --------------------------------------------------------------
SHARES

BENFICIALLY                8  SHARED VOTING POWER

                  --------------------------------------------------------------
OWNED BY
                           9 SOLE DISPOSITIVE POWER
                                            58,000

WITH                       10 SHARED DISPOSITIVE POWER

                  --------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON                     58,000
                  --------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES*                                                        / /
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)   2.453
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON* OO
- --------------------------------------------------------------------------------
                      *SEE INSTRUCTIONS BEFORE FILLING OUT!
          INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
       (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION
                                  SCHEDULE 13D
<PAGE>


CUSIP NO. 0-27716
 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

1 Seidman Investment PartnershipII, L.P. 22-3603662
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                   (a) /X/
                                   (b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS
WC
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e)                                         / /
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
New Jersey
- --------------------------------------------------------------------------------

                           7  SOLE VOTING POWER
NUMBER OF                                   45,400
                  --------------------------------------------------------------
SHARES

BENFICIALLY                8  SHARED VOTING POWER

                  --------------------------------------------------------------
OWNED BY
                           9 SOLE DISPOSITIVE POWER
                                            45,400

WITH                       10 SHARED DISPOSITIVE POWER

                  --------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON                     45,400
                  --------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES*                                                        / /
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.92
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON* PN
- --------------------------------------------------------------------------------
                      *SEE INSTRUCTIONS BEFORE FILLING OUT!
          INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
       (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION
                                  SCHEDULE 13D

<PAGE>




CUSIP NO. 0-27716
 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

1 Kerrimatt SS# 22-3583179
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                      (a) /X/
                                   (b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS
WC
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e)                                         / /
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
New Jersey
- --------------------------------------------------------------------------------

                           7  SOLE VOTING POWER
NUMBER OF                                   33,200
                  --------------------------------------------------------------
SHARES

BENFICIALLY                8  SHARED VOTING POWER

                  --------------------------------------------------------------
OWNED BY
                           9 SOLE DISPOSITIVE POWER
                                           33,200

WITH                       10 SHARED DISPOSITIVE POWER

                  --------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON                     33,200
                  --------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES*                                                        / /
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)  1.404
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON* PN
- --------------------------------------------------------------------------------
                      *SEE INSTRUCTIONS BEFORE FILLING OUT!
          INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
       (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION
                                  SCHEDULE 13D
<PAGE>

CUSIP NO. 0-27716
 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

1 Federal Holdings, L.L.C. SS# 13-3838083
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                     (a) /X/
                                   (b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e)                                         / /
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
- --------------------------------------------------------------------------------

                           7  SOLE VOTING POWER
NUMBER OF                                   29,700
                  --------------------------------------------------------------
SHARES

BENFICIALLY                8  SHARED VOTING POWER

                  --------------------------------------------------------------
OWNED BY
                           9 SOLE DISPOSITIVE POWER
                                            29,700

WITH                       10 SHARED DISPOSITIVE POWER

                  --------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON                     29,700
                  --------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES*                                                        / /
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)   1.256
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON* OO
- --------------------------------------------------------------------------------
                      *SEE INSTRUCTIONS BEFORE FILLING OUT!
          INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
       (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION
                                  SCHEDULE 13D
<PAGE>






The  statement on Schedule  13D which was filed May 3, 1999,  Amendment #1 which
was filed on July 21, 1999 and  Amendment #2 which was filed on October 5, 1999,
on behalf on behalf of Seidman  and  Associates,  L.L.C.  ("SAL"),  Seidman  and
Associates II, L.L.C.  ("SALII"),  Seidman Investment  Partnership,  LP ("SIP"),
Seidman  Investment   Partnership  II,  LP  ("SIPII")  Federal  Holdings  L.L.C.
("Federal"),   Kerrimatt,  LP  ("Kerrimatt"),  Dennis  Pollack  ("Pollack")  and
Lawrence B. Seidman  ("Seidman")  (collectively,  the "Reporting  Persons") with
respect to the Reporting Persons' beneficial ownership of shares of Common Stock
(the "Shares"),  of Yonkers Financial  Corporation,  a Delaware Corporation (the
"Issuer") is hereby  amended as set forth below:  Such Statement on Schedule 13D
is hereinafter  referred to as the "Schedule  13D".  Terms used herein which are
defined in the  Schedule 13D shall have their  respective  meanings set forth in
the Schedule 13D.

5. Interest in the Securities of the Issuer

(a)(b)(c)  As of the close of  business  on  October 29,  1999 the  Reporting
Persons owned beneficially an aggregate of 192,300 shares of Common Stock, which
constituted  approximately  8.13%  of the  2,363,739  shares  of  Common  Stock
outstanding, as disclosed in the Issuer's news release dated September 17, 1999.

The schedule below  describes  transactions  in the Common Stock effected by the
Reporting  Persons from October 5, 1999 to October 29, 1999. Except as set forth
in this Item 5, none of the Reporting  Persons owns  beneficially or has a right
to acquire beneficial  ownership of any Common Stock, and except as set forth in
this Item 5, none of the Reporting  Persons has effected  transactions that have
not been  previously  reported  in the Common  Stock  during the past sixty (60)
days.

                 No of                        Total
  Trade Date     Shares       Price       Cost/(Proceeds)        Entity
- --------------- ----------- ------------ --------------------- -----------
10599           2,500       17.81         44,531.25              SAL
- --------------- ----------- ------------ --------------------- -----------
- --------------- ----------- ------------ --------------------- -----------
192199          4,000       17.94         71,750.00              SIPII
- --------------- ----------- ------------ --------------------- -----------
- --------------- ----------- ------------ --------------------- -----------
102199          6,300       17.94        113,006.25              FEDERAL
- --------------- ----------- ------------ --------------------- -----------
- --------------- ----------- ------------ --------------------- -----------
102199          6,300       17.94        113,006.25              KERRIMATT
- --------------- ----------- ------------ --------------------- -----------
- --------------- ----------- ------------ --------------------- -----------
102299          3,500       17.94         62,781.25              SAL
- --------------- ----------- ------------ --------------------- -----------
- --------------- ----------- ------------ --------------------- -----------
102999          3,500       17.94         62,781.25              SIPII
- --------------- ----------- ------------ --------------------- -----------
- --------------- ----------- ------------ --------------------- -----------
102999          3,500       17.94         62,781.25              KERRIMATT
- --------------- ----------- ------------ --------------------- -----------
- --------------- ----------- ------------ --------------------- -----------




TOTAL          29,600                    530,637.50
<PAGE>

After  reasonable  inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.


                  October 29, 1999                 ss/Lawrence B. Seidman
                                                   ----------------------------
                  Date                             Lawrence B. Seidman, Power of
                                                   Attorney Pursuant to Joint
                                                   Filing Statements Dated
                                                   February 26, 1999 &
                                                   September 30, 1999.





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