BankAtlantic Bancorp (NYSE: BBX) is a financial services holding company and the parent company of BankAtlantic which provides a comprehensive offering of consumer banking services and products via its broad network of community stores (branches), its online banking division, and more than 200 ATM's. Additionally, BankAtlantic is a strong factor in the commercial real lending market throughout Florida. BankAtlantic was founded in 1952 in Fort Lauderdale, Florida, and is one of the largest financial institutions headquartered in the State.
BankAtlantic launched its ground breaking "Florida's Most Convenient Bank" initiatives in January 2002. Its stores are open 7 days a week, have extended weekday hours and holiday hours, and several stores are open until midnight. In addition to the unparalleled convenience provided through this unique approach to banking, BankAtlantic provides Totally Free Online Banking & Bill Pay, 24/7 Customer Service Center, Totally Free Change Exchange coin counters, and Totally Free retail and business checking. Since the inception of these initiatives, BankAtlantic has produced exceptional growth in new low-cost deposit accounts, opened over 800,000 new checking and savings accounts, and reached over $2.0 billion in low-cost deposit balances at year end 2006, from $602 million at December 31, 2001.
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