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BankAtlantic Launches New Mobile Banking Application for the iPhone(R), iPad(R) and iPod Touch(R)

(May 10, 2011)

FORT LAUDERDALE, Fla., May 10, 2011 (GLOBE NEWSWIRE) -- BankAtlantic, Florida's Most Convenient Bank, announced today the launch of its new Mobile Banking Application for the iPhone®, iPad® and iPod Touch®.



BankAtlantic's free*, cutting-edge Mobile Banking Application for the iPhone, iPad and iPod Touch offers customers a fast, safe and secure mobile banking medium with a suite of seamless features including:




  • Checking account balances.


  • View recent transactions and transaction history.


  • Transfer funds between accounts.


  • Using the iPhones Geo Tracking functionality to locate the BankAtlantic branch or ATM location nearest you.


  • Most of all, BankAtlantic's iPhone, iPad and iPod Touch app offers you the freedom to bank on the go!



"The release of our new Mobile Banking Application for the iPhone, iPad and iPod Touch marks the most recent development in the evolution of BankAtlantic's offerings. The delivery of these new capabilities reflects our ongoing commitment to create value for our customers through the strategic, innovative use of technology," commented Lloyd DeVaux, Chief Operating Officer of BankAtlantic. "Customers want and demand convenient banking solutions that help them manage finances while on-the-go, and, BankAtlantic's Mobile Banking Application for the iPhone does exactly that whether they are in the office, on the beach, or in a taxi. Anytime. Anywhere."


How do you get started? It's easy. BankAtlantic's Mobile Banking Application for the iPhone, iPad and iPod Touch is now available through the iTunes store. For further information, please visit https://www.bankatlantic.com/iphone/




"Millions of people have joined the 'i' generation and BankAtlantic's free*, cutting-edge Mobile Banking Application for the iPhone, iPad and iPod Touch brings our customers banking solutions whether they are around the corner or around the world," commented Jarett Levan, BankAtlantic's CEO. "It's a perfect combination for South Floridians. BankAtlantic customers enjoy the many benefits of relationship banking with their local community bank plus the added ease of seamless mobility using BankAtlantic's iPhone, iPad and iPod Touch App. Adding the iPhone application to our existing Mobile Banking services, including Mobile Web and free** Text Message Banking, really allows our customers many convenient options in managing their banking while on the go."



Banking just got a whole lot easier and BankAtlantic's mobile iPhone App is just a snapshot of the total convenience our customers experience. For further information, please visit us at www.BankAtlantic.com or a BankAtlantic branch nearest you.



*BankAtlantic's new Mobile Banking Application for the iPhone®, iPad® and iPod Touch® is provided to its customers free of charge. However, network charges may vary depending on provider. If you aren't sure what fees may apply, please consult with your network provider before enrolling in the service.



** BankAtlantic's new Text Message Banking service is provided to its customers free of charge. However, standard carrier fees for text messaging, including message and data rates, from your communications service provider will apply.  If you aren't sure what fees apply when you send and receive text messages, please consult with your mobile phone carrier and/or communications service provider before enrolling in the service.



Deposits are subject to verification and may not be available for immediate withdrawal.  Transactions may not appear in the order in which they will be posted at the end of each business day. Terms and conditions apply.



About BankAtlantic:



BankAtlantic, Florida's Most Convenient Bank, is one of the largest financial institutions headquartered in Florida. Via its broad network of community branches and conveniently located ATMs, BankAtlantic provides a full line of personal, small business and commercial banking products and services. BankAtlantic is open 7 days a week and offers extended weekday hours, Online Banking & Bill Pay, a 7-Day Customer Service Center, Change Exchange coin counters, as well as retail and business checking accounts. Member FDIC.



BankAtlantic Bancorp (NYSE:BBX) is a bank holding company and the parent company of BankAtlantic. For further information, please visit:



Except for historical information contained herein, the matters discussed in this press release 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 could differ materially from those contemplated, expressed, or implied by the forward-looking statements contained herein. Further, BankAtlantic's new Mobile Banking Application for the iPhone®, iPad® and iPod Touch® is provided to its customers free of charge. However, network charges may vary depending on provider. If you aren't sure what fees may apply, please consult with your network provider before enrolling in the service. In addition, BankAtlantic's new Text Message Banking service is provided to its customers free of charge, however standard carrier fees for text messaging and/or message and data rates from your communications service provider will apply. Potential customers of this service are cautioned to consult with their mobile phone carrier and/or their communications service provider relating to text messaging fees before enrolling in the service. Deposits are subject to verification and may not be available for immediate withdrawal. Transactions may not appear in the order in which they will be posted at the end of each business day. Terms and conditions apply. BankAtlantic cautions that the foregoing factors are not exclusive.


CONTACT: BankAtlantic Contact Info:
Sharon Lyn, V.P. Media Relations:
954-940-6383
CorpComm@BankAtlanticBancorp.com

BankAtlantic Bancorp, Inc. Contact Info:
Leo Hinkley, Investor and Media Relations Officer
954-940-5300
InvestorRelations@BankAtlanticBancorp.com

Page: 1


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