YONKERS FINANCIAL CORP
8-K, 2000-01-28
SAVINGS INSTITUTION, FEDERALLY CHARTERED
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                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 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)
                                January 28, 2000



                          YONKERS FINANCIAL CORPORATION
- --------------------------------------------------------------------------------
             (Exact name of Registrant as specified in its Charter)



Delaware                             0-277716                   13-3870836
- --------------------------------------------------------------------------------
(State or other jurisdiction      (Commission File No.)        (IRS Employer
  of incorporation)                                          Identification No.)



6 Executive Plaza, Yonkers, New York                               10701
- --------------------------------------------------------------------------------
(Address of principal executive offices)                         (Zip Code)



Registrant's telephone number, including area code: (914) 965-2500



                                       N/A
- --------------------------------------------------------------------------------
          (Former name or former address, if changed since last report)




<PAGE>



Item 5.        Other Events

     On January 28, 2000,  Yonkers  Financial  Corporation  issued the press
release attached as Exhibit 99.

Item 7.        Financial Statements and Exhibits

          (c)  Exhibits

                    99       Press Release dated January 28, 2000



<PAGE>



                                   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.



                                        YONKERS FINANCIAL CORPORATION



Date: January 28, 2000                  By: /s/ Richard F. Komosinski
                                           ------------------------------------
                                            Richard F. Komosinski, President and
                                              Chief Executive Officer
<PAGE>



                                  EXHIBIT INDEX




     EXHIBIT NO.                            DESCRIPTION
     -----------                            ------------
         99                                 Press Release Dated January 28, 2000




<PAGE>



                                   Exhibit 99




<PAGE>


DATE:     January 28, 2000

CONTACT:  Richard F. Komosinski, President & CEO

PHONE:    914-965-2500

FOR IMMEDIATE RELEASE
- ---------------------

                     YONKERS FINANCIAL CORPORATION ANNOUNCES
                            RESULTS OF ANNUAL MEETING


     Yonkers, New York - Yonkers Financial  Corporation (Nasdaq National Market:
YFCB) announced today that stockholders  re-elected William G. Bachop, Donald R.
Angelilli  and Eben T. Walker as  directors  of the  Corporation  for three year
terms.

     President  Richard  Komosinski  stated:  "We are pleased that  stockholders
share our vision of the  Corporation's  future and have  voted to  re-elect  the
Board's  nominees  rather  than those of Mr.  Seidman.  We will  continue  to do
everything possible to maximize the value of our franchise."

     The  Board's  nominees  received  over  63% of the  votes  cast  while  Mr.
Seidman's nominees received approximately 35% of the votes cast.

     Yonkers Financial  Corporation was organized in 1995 as the holding company
for The Yonkers  Savings and Loan  Association,  FA. Yonkers  Savings serves the
financial  needs of  communities  in its market area  through  four  traditional
retail  offices and one  lending  center  located in Yonkers,  New York and five
in-store branches,  located in Wappingers Falls,  Yorktown Heights,  Mt. Vernon,
Cortlandt Manor and Poughkeepsie, New York.

     At December  31, 1999 the Company had  consolidated  total assets of $506.2
million and stockholders' equity of $31.6 million.

                                      -END-





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