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BANKATLANTIC’S BOYNTON BEACH STORE EXTENDS HOURS UNTIL MIDNIGHT – 7 DAYS A WEEK

“Florida’s Most Convenient Bank” provides midnight hours at first Palm Beach location

Fort Lauderdale, FL – June 23, 2006 – BankAtlantic, “Florida’s Most Convenient Bank” continues its expansion of extended hours until midnight, opening its Boynton Beach location from 7:30 a.m. until midnight, 7 days a week beginning July 10th. The Boynton Beach store, located at 100 N. Congress Ave., provides customers with full-service banking at hours that are convenient to their busy schedules. This store has also just been remodeled allowing it to be even more welcoming and engaging for customers. The Boynton Beach location now has new contemporary elements including a plasma screen TV, a mural created by world-renowned artist Romero Britto exclusively for BankAtlantic locations, and redecorated with eye-catching fixtures and signage.

This is the first “midnight hour” store located in the Palm Beach area, and the eighth total for the bank. All other Palm Beach stores are open 7:30 AM – 8:00 PM Monday through Saturday and 11:00 AM – 4:00 PM on Sunday.. BankAtlantic opened its first “midnight” store in June of 2004.

“We’re excited to have the Boynton Beach store added to BankAtlantic’s roster of midnight locations, and we are confident that our customers will enjoy the convenience and options that these extended hours provide,” said Jarett Levan, President of BankAtlantic.

Midnight hours is one of the many unique services 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 Customer Service Center, followed by free checking for customers and small businesses. BankAtlantic continued the initiative by opening on “traditional” banking holidays, installing Totally Free Change Exchange coin counters at every store for customers and non-customers, and instituting free events for the community such as pumpkin painting and photos with Santa.

In addition, BankAtlantic recently announced that it will open 47 new stores in the next 18 months. “New store expansion is another important element in BankAtlantic’s on-going focus on convenience,” added Levan.

About BankAtlantic:
BankAtlantic, "Florida's Most Convenient Bank", with $6 billion in assets and 80 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 7 Day Branch Banking due to building restrictions.

CONTACT INFORMATION:

Carina Ganias, Public Relations, (954) 940-6383, cganias@bankatlantic.com.

Boardroom Communications, Caren Berg, (954) 370-8999, caren@boardroompr.com

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