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BankAtlantic Extends Day of Deposit in Palm Beach County Until 8 P.M.

“Florida’s Most Convenient Bank” provides customers same day processing during its 12 and-a-half-hour banking day

Fort Lauderdale, FL – March 26, 2007 – BankAtlantic announced today that all Palm Beach county stores have extended the cutoff time for deposits until 8 p.m. Noting new technology in processing, the bank has stated deposit transactions, Monday through Friday, whether administered through teller or drive up, will be accepted and processed the same day, allowing customers the convenience of depositing a check before 8 p.m. and having the deposit processed the same day.

“As ‘Florida’s Most Convenient Bank,’ we take customer convenience very seriously,” said Jarett Levan, chief executive officer of BankAtlantic. “First we extended our store hours until 8 p.m. throughout the state – now it is only reasonable to also extend our business day. We launched the program in Tampa to great response and have expanded the service into Central Florida and now Palm Beach. We expect to offer this convenient service throughout our other markets soon.”

Extending the day of deposit cutoff time is the most recent example of BankAtlantic’s ongoing convenience initiatives, which have included extended banking hours (open over 80 hours a week) in over 90 stores throughout Florida, offering weekend and holiday hours (open 360 days a year), 24/7 Sales and Customer Service Center and providing midnight hours in many locations.

About BankAtlantic:
BankAtlantic, "Florida's Most Convenient Bank", with $6 billion in assets and more than 90 stores 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 stores throughout Florida and its online banking division - BankAtlantic.com. BankAtlantic operates more than 250 conveniently located ATMs. BankAtlantic is open 7 days a week* and offers holiday hours, extended weekday hours, including several stores open until midnight, Totally Free Online Banking & Bill Pay, 24/7 Customer Service Center, Totally Free Change Exchange coin counters and free retail and business checking with a free gift. For further information visit www.BankAtlantic.com

* A few locations have limited hours due to building restrictions.

Contacts:
Hattie Hess, BankAtlantic, hhess@bankatlantic.com, 954-940-6383
Caren Berg, Boardroom Communications, cberg@boardroompr.com, 954-370-8999,

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