BankAtlantic Selects Harland Clarke as Strategic Solutions Partner
Five-Year Agreement Extends Successful Relationship with Industry-Leading Provider
FORT LAUDERDALE, Florida – April 23, 2009 -- BankAtlantic, Florida’s Most Convenient BankSM today announced the extension of its professional relationship with Harland Clarke Corp. The five-year extension of the agreement is anticipated to deliver BankAtlantic’s personal, small business and commercial customers with best-in-class integrated financial solutions.
“In addition to the continued quality and significant cost savings enjoyed by BankAtlantic’s Totally Free personal and business checking customers, the new agreement is an extension of a long-term association, which solidifies many of our convenience initiatives. It also opens the doors for new product opportunities, which can greatly benefit our customers in the future,” commented Jarett Levan, CEO of BankAtlantic. “We are very pleased to build and expand upon our alliance with Harland Clarke,” he added.
The new agreement also provides for the potential utilization of additional qualified services including the development of materials designed to acquire and retain customers, cross-sell and upsell opportunities, business lead generation, as well as onboarding and related contact center services.
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, online banking division - BankAtlantic.com, 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 with extended weekday hours, Free Online Banking & Bill Pay, a 7-Day Customer Service Center and Change Exchange coin counters.
BankAtlantic Bancorp (NYSE: BBX) is a bank holding company and the parent company of BankAtlantic.
About Harland Clarke Corp.:
Harland Clarke Corp. is a leading provider of integrated payment solutions, marketing services and technology solutions. It serves approximately 15,000 financial institutions, as well as major investment firms, business-to-business clients, small businesses, and individual consumers. With its corporate headquarters in San Antonio, Texas and a regional headquarters in Decatur, Georgia, Harland Clarke employs approximately 5,500 people and has manufacturing and contact center facilities nationwide. Harland Clarke Corp. is a wholly-owned subsidiary of Harland Clarke Holdings Corp. which also wholly owns Harland Financial Solutions Inc. and Scantron Corporation.
BankAtlantic, Florida’s Most Convenient Bank, Contact Info:
Media Relations:
Sharon Lyn
Telephone: 954-940-6383
Fax: 954-940-5320
Email: CorpComm@BankAtlanticBancorp.com
Public Relations for BankAtlantic:
Rbb Public Relations
Sandra Fine
Telephone: 305-567-0535, Fax: 305-448-5027
Email: sandra.fine@rbbpr.com
BankAtlantic Bancorp Investor Relations:
Leo Hinkley, SVP, Investor Relations Officer
Phone: 954-940-5300, Fax: 954-940-5320
Email: InvestorRelations@BankAtlanticBancorp.com
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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, 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 (“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. Anticipated performance may not be indicative of future results. 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.
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