BankAtlantic Unveils ``Florida's Most Convenient Bank''; Newest Initiative Re-Defines ``Bankers Hours''; Changes The Way Floridians Bank - Forever.Business Editors FORT LAUDERDALE Fort Lauderdale (lô`dərdāl), residential, commercial, and resort city (1990 pop. 149,377), seat of Broward co., SE Fla., on the Atlantic coast; settled around a fort built (c.1837) in the Seminole War, inc. 1911. , Fla.--(BUSINESS WIRE)--Jan. 30, 2002 BankAtlantic, the largest Florida based bank and a subsidiary of BankAtlantic Bancorp (NYSE NYSE See: New York Stock Exchange :BBX BBX Business Basic Extended BBX Business Barter Exchange BBX Blue Bell, Pennsylvania (Airport Code) BBX Blockbuster Express (UK video store) ) is pioneering seven-day branch banking and extended weekday hours in Florida. (1) The launch of the "BankAtlantic - Florida's Most Convenient Bank" initiative is designed specifically for the convenience of customers and to further differentiate BankAtlantic from the competition. BankAtlantic's newest initiative, scheduled to commence on April 1, 2002 includes:
- Seven-day Banking at all of its branches, Monday through Sunday.
- Saturday and Sunday lobby and drive-through hours.
Saturday - Lobby: 8:30 A.M. - 3:00 P.M.
Drive-Thru: 7:30 A.M. - 6:00 P.M.
Sunday - Lobby: 11:00 A.M. - 4:00 P.M.
Drive-Thru: 11:00 A.M. - 4:00 P.M.
- Extended lobby and drive through hours, Monday through Friday.
Monday - Wednesday:
Lobby: 8:30 A.M. - 5:00 P.M.
Drive-Thru: 7:30 A.M. - 8:00 P.M.
Thursday & Friday:
Lobby: 8:30 A.M. - 8:00 P.M.
Drive-Thru: 7:30 A.M. - 8:00 P.M.
- Instant access to a live customer service representative 24
hours a day, seven days a week, via our newly expanded BankAtlantic
Call Center.
"The pulse and rhythm of business and the lifestyle of Floridians have changed greatly over the years. Customers want more convenient hours from their financial institution, we listened, and now we're responding," commented Jay Fuchs, BankAtlantic's Executive Vice President of Community Banking. "Seven-day banking and extended hours give customers the ability to bank when it's convenient for them." BankAtlantic currently offers customers the ability to access account information 24 hours a day, 7 days a week via its free Online Banking service at http://www.BankAtlantic.com, its cash management services, automated au·to·mate v. au·to·mat·ed, au·to·mat·ing, au·to·mates v.tr. 1. To convert to automatic operation: automate a factory. 2. Telephone Banking System and its extensive ATM network. With the completion of the pending acquisition of Community Savings, customers will have the additional convenience of visiting any of our approximate 80 traditional bank branches or 400 conveniently located ATM machines (Automatic Teller Machine machine) A banking terminal that accepts deposits and dispenses cash. ATMs are activated by inserting a cash or credit card that contains the user's account number and PIN on a magnetic stripe. . Saturday and Sunday banking at BankAtlantic's traditional branches will offer the same products and services available during the rest of the week, including account openings and consumer loans. Additionally, BankAtlantic operates ATMs on three of the leading cruise lines
Name Headquarters A'rosa Europe NCL America America AIDA Cruises Europe American Cruise Lines America in Florida. The "Florida's Most Convenient Bank" launch follows BankAtlantic's very successful "Totally Free Checking Plan" introduced last year. BankAtlantic's "Totally Free Checking Plan" opens a customer's account free of charge, gives the customer a free gift, and even buys back the customer's remaining checks from other banks. "As we approach BankAtlantic's 50th anniversary celebration, this spring, we believe our new "Florida's Most Convenient Bank" initiative following our "Totally Free Checking Plan" clearly demonstrates our unrelenting commitment to embracing change and meeting the needs of our customers," commented Alan B. Levan, Chairman and Chief Executive Officer of BankAtlantic Bancorp. About BankAtlantic: BankAtlantic, Florida's Most Convenient Bank, is a subsidiary of BankAtlantic Bancorp, 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 branches and its Online Banking division - BankAtlantic.com. Following the completion of its pending merger with Community Savings, a subsidiary of Community Savings Bankshares, Inc. (Nasdaq:CMSV CMSV Collgeg of Mount Saint Vincent (Riverdale, NY) ), BankAtlantic will have approximately $5.6 billion in assets.(1) BankAtlantic Bancorp (NYSE:BBX) is a diversified financial The diversified financial services segment includes a range of consumer and commercially-oriented companies offering a wide variety of products and services, including various lending products (such as home equity loans and credit cards), insurance, and securities and investment services holding company and the parent company of BankAtlantic, Levitt Corporation and Ryan, Beck & Co. Through its subsidiaries, BankAtlantic Bancorp provides a full line of products and services encompassing consumer and commercial banking, brokerage and investment banking, and real estate development. For further information, please visit our websites:
http://www.BankAtlantic.com http://www.LevittandSons.com
http://www.CoreCommunities.com http://www.StLucieWest.com
http://www.LevittCommercial.com http://www.RyanBeck.com
Online Banking products and services can be accessed directly through http://www.BankAtlantic.com. If you would like to receive future news releases or announcements directly via email, please access the e-News banner on the Investor Relations Investor relations The process by which the corporation communicates with its investors. page at http://www.BankAtlantic.com. Investor Relations: Leo Leo, in astronomy Leo [Lat.,=the lion], northern constellation lying S of Ursa Major and on the ecliptic (apparent path of the sun through the heavens) between Cancer and Virgo; it is one of the constellations of the zodiac. Hinkley, Tel: (954) 760-5317, Fax: (954) 760-5415, or InvestorRelations@BankAtlantic.com. Corporate Communications Corporate communications is the process of facilitating information and knowledge exchanges with internal and key external groups and individuals that have a direct relationship with an enterprise. and Media Relations: Sharon Lyn, Tel: (954) 760-5402 or CorpComm@BankAtlantic.com. Public Relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most for BankAtlantic: Boardroom Communications, Tel: (954) 370-8999, Alison Steinberg, alison@boardroompr.com and Fran Schwartz, fschwatz@boardroompr.com Statements in this release may constitute forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. and are made pursuant to the Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Provision of the Private Securities and Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. Reform Act of 1995. Forward looking statements are based largely on expectations 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, including but not limited to the risks and uncertainties associated with economic, competitive and other factors affecting the Company and its operations, markets, products and services, risks and uncertainties associated with strategic and business initiatives, the risk that the Community Savings Bankshares transaction will not be consummated con·sum·mate tr.v. con·sum·mat·ed, con·sum·mat·ing, con·sum·mates 1. a. To bring to completion or fruition; conclude: consummate a business transaction. b. , and including without limitation the risk that regulatory approval will not be received and that if consummated the transaction will cost more, take longer, or be less advantageous than expected, and other factors detailed in reports filed by the Company with the Securities and Exchange Commission ("SEC"). |
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