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Bankatlantic Opens Selected Branches Until Midnight

   BankAtlantic logo. (PRNewsFoto)

FORT LAUDERDALE, FL USA
    'Florida's Most Convenient Bank' Continues Offering Unique Services to
                                  Floridians

    FORT LAUDERDALE, Fla., Sept. 30 /PRNewswire-FirstCall/ -- BankAtlantic
(NYSE: BBX), "Florida's Most Convenient Bank," today announced that it would
expand its offering of extended hours until midnight in numerous branches
throughout Florida.  Open from 7:30 a.m. until midnight seven days a week,
these branches will provide customers with full-service banking at hours
convenient to their busy schedules.  BankAtlantic began its "midnight hours"
pilot program in June of this year at its Kendale Lakes branch located in
Miami-Dade County.
    "BankAtlantic continues to redefine 'bankers' hours. Opening branch
lobbies until midnight is a continuation of BankAtlantic's commitment to
provide convenience to customers," said Jarett Levan, BankAtlantic's Chief
Marketing Officer.  "We are pleased the pilot program has proven to be a
success and are delighted to expand this offering in several counties."

    The following locations will be hosting the midnight hours beginning
January 5, 2005:

    Miami-Dade County
    Flagler branch -- 7900 West Flagler Street
    Hialeah branch -- 1455 West 49th Street
    Kendale Lakes branch -- 8701 S.W. 137th Avenue (open until midnight since
                            June 2004)

    Broward County
    17th Street Causeway branch -- 1300 S.E. 17th Street Causeway
    Tamarac branch -- 5600 N. University Drive

    Palm Beach County
    Downtown Boca branch -- 701 N. Federal Hwy.
    West Palm Beach branch -- 5737 Okeechobee Blvd.

    Hillsborough County
    N. Dale Mabry branch -- 8001 North Dale Mabry, Bldg. 201

    "The business world is constantly changing, and in the past, many
companies have decided to offer services beyond the ordinary timeframe.  It is
possible to buy donuts and coffee, get prescriptions filled or have
presentations prepared and copies made at any time of the night," added Levan.
"Now BankAtlantic is joining these successful retailers and extending hours to
provide additional convenience to those who need bank services at unusual
times."
    "This is just one more unique service of BankAtlantic's 'Florida's Most
Convenient Bank' initiative.  First, the bank opened 7 days a week, then
extended weekday and weekend hours, next offered 24/7 call center service,
followed by free checking for retail and small business customers, then opened
on 'traditional' banking holidays, offering free online banking and Totally
Free Change Exchange coin counters."
    "We remain dedicated to the concept of customer convenience," stated
Levan. "It is clearly appreciated by our growing list of customers, and
BankAtlantic will continue to focus on offering innovative products and
services to ensure our customers' banking experience is unique, fun and
convenient."

    About BankAtlantic
    BankAtlantic, "Florida's Most Convenient Bank," is one of the largest
financial institutions headquartered in Florida and provides a comprehensive
offering of banking services and products via its broad network of community
branches throughout Florida and its online banking division --
BankAtlantic.com.  BankAtlantic has 74 branch locations and operates more than
200 conveniently located ATMs.  BankAtlantic is open 7 days a week and offers
holiday hours, extended weekday hours, including a Miami-Dade branch open
until midnight, free online banking, Totally Free Change Exchange coin
counters, 24/7 call center service and free retail and business checking with
a free gift.

     BankAtlantic Contact Info:
     Public Relations: Hattie Harvey, Vice President, Public Relations Manager
     Telephone: (954) 760-5383, Fax: (954) 760-5388
     Email: hharvey@BankAtlantic.com.

     Public Relations for BankAtlantic:
     Boardroom Communications
     Caren Berg
     Phone: (954) 370-8999, Fax: (954) 370-8892
     Email: caren@boardroompr.com

    About BankAtlantic Bancorp:
    BankAtlantic Bancorp (NYSE: BBX) is a diversified financial services
holding company and the parent company of BankAtlantic and Ryan Beck & Co.
Through these subsidiaries, BankAtlantic Bancorp provides a full line of
products and services encompassing consumer and commercial banking, brokerage
and investment banking.

    For further information, please visit our websites:
    http://www.BankAtlanticBancorp.com
    http://www.BankAtlantic.com
    http://www.RyanBeck.com

    * To receive future BankAtlantic Bancorp news releases or announcements
directly via Email, please click on the Email Broadcast Sign Up button on our
website: http://www.BankAtlanticBancorp.com.

    BankAtlantic Bancorp Contact Info:
    Investor Relations:
    Leo Hinkley, Senior Vice President
    Phone: (954) 760-5317, Fax: (954) 760-5415
    Email: InvestorRelations@BankAtlanticBancorp.com.
    Mailing Address: BankAtlantic Bancorp, Investor Relations, 1750 East
    Sunrise Blvd., Fort Lauderdale, FL 33304

    Investor & Corporate Communications:
    Adrienne Zvi, Investor and Corp. Communications Specialist
    Phone: (954) 760-5317, Fax: (954) 760-5415
    Email: CorpComm@BankAtlanticBancorp.com

    Matters discussed in this press release may contain forward-looking
statements within the meaning of Section 27A of the Securities Act of 1933, as
amended (the "Securities Act"), and Section 21E of the Securities Exchange Act
of 1934, as amended (the "Exchange Act"), that involve substantial risks and
uncertainties.  Actual results, performance, or achievements could differ
materially from those contemplated, expressed, or implied by the forward-
looking statements contained herein.  These forward-looking statements are
based largely on the expectations of BankAtlantic Bancorp, Inc. ("the
Company") and are subject to a number of risks and uncertainties that are
subject to change based on factors which are, in many instances, beyond the
Company's control.  These include, but are not limited to, risks and
uncertainties associated with: the impact of economic, competitive and other
factors affecting the Company and its operations, markets, products and
services; including, but not limited to BankAtlantic's seven-day banking
initiative, extended midnight branch banking hours, and other growth
initiatives not being successful or producing results which do not justify
their costs.  In addition to the risks and factors identified above, reference
is also made to other risks and factors detailed in reports filed by the
Company with the Securities and Exchange Commission.  The Company cautions
that the foregoing factors are not exclusive.


SOURCE BankAtlantic Bancorp




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Related links:
  • http://www.bankatlantic.com
  • http://www.BankAtlanticBancorp.com
  • http://www.RyanBeck.com
    Photo Notes:
    NewsCom: 
    http://www.newscom.com/cgi-bin/prnh/20030414/BANKATLOGO
    AP Archive: http://photoarchive.ap.org
    PRN Photo Desk, photodesk@prnewswire.com
    CONTACT:
    Hattie Harvey, Vice President, Public
    Relations Manager, BankAtlantic Bancorp, +1-954-760-5383, or fax:
    +1-954-760-5388, or hharvey@BankAtlantic.com