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BANKATLANTIC, FLORIDA’S MOST CONVENIENT BANK, TO OPEN CALL CENTER IN ORLANDO

New facility increases bank’s presence in Central Florida

Fort Lauderdale, FL – May 4, 2006 – BankAtlantic, Florida’s Most Convenient Bank, announced that the company would be opening a call center in Orlando, its second call center in Florida. Scheduled to open in August and located at Maitland Promenade I, 485 North Keller Rd Maitland, FL, 32751, the new call center will eventually house over 250 associates to handle incoming calls about BankAtlantic and its services. Between the two Florida call centers, BankAtlantic will continue to take calls 24 hours a day, 365 days a year.

“We are excited to extend our operations into Orlando,” said Jarett Levan, president of BankAtlantic. “We continuously strive to improve our convenience to customers. The Orlando call center will help us handle the increasing volume of calls due to BankAtlantic’s growth.”

Levan notes that BankAtlantic already has a commercial lending presence in Orlando, and that this call center fortifies the bank’s commitment to the state. As Florida’s Most Convenient Bank, we remain committed to growing our business, sales and service, within the state of Florida.

BankAtlantic will be recruiting for talented customer service analysts at Open Houses in May. There will also be a job fair held at the University of Central Florida on May 11th, 10:00 AM to 3:00 PM. For further recruiting information, please call (888) 266-2977 or email srykowski@bankatlantic.com.

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.

Contacts:
Carina Ganias, cganias@bankatlantic.com, 954-940-6383
Caren Berg, Boardroom Communications, 954-370-8999, cberg@boardroompr.com

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