BankAtlantic Honored with Commissioner`s Business Recognition Award for their Financial Literacy Program, Kid Power

FORT LAUDERDALE, Fla.--(Business Wire)--
BankAtlantic, "Florida`s Most Convenient Bank," announced today that it has been
honored with the Commissioner`s Business Recognition Award for their successful
financial literacy program. The Kid Power program educates second and third
graders about finance using integrated math skills, a critical component to
their future financial success.

"The Florida Education Foundation and Florida Department of Education annually
recognize businesses throughout the state that have demonstrated their
commitment to improving education by partnering with schools in their community.
BankAtlantic was nominated for this honor by the Nob Hill Elementary School, one
of our partners in education," commented Jarett Levan, CEO of BankAtlantic. "We
are very proud of this recognition by the education community statewide and
particularly of the students, faculty and staff of the Nob Hill Elementary
School."

Nob Hill Elementary School, located in Sunrise, Florida, and a recent winner of
the Broward County School Board Award for Partnership of the Year, has been a
participant of Kid Power and in-school banking, a segment of the Kid Power
program. The bank-school partnership grew when BankAtlantic approached the
school about expanding Kid Power. Kid Power is a hands-on experience where
BankAtlantic colleagues volunteer their time at local elementary schools to help
students understand the true value of money.

Over a three-week period students explore the fundamentals of banking and
savings, learn how to balance and checking account, and understand how
technology can make banking more convenient. At the end of the Kid Power
experience, each student receives a certificate of achievement, the opportunity
to open a Kid Power savings account, and a little more knowledge about our
evolving financial world.

"It`s an honor to recognize BankAtlantic as a top business partner for its
continued commitment to Florida`s education system," said Education Commissioner
Dr. Eric J. Smith. "BankAtlantic has truly set the bar for community involvement
in Broward County, and I look forward to many more years of continued gains with
the help of our business partners."

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.

BankAtlantic, Florida`s Most Convenient Bank, Contact Info:
Media Relations:
Sharon Lyn, V.P.
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, Investor Relations Officer, SVP
Phone: 954-940-5300, Fax: 954-940-5320
Email: InvestorRelations@BankAtlanticBancorp.com

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 risks and uncertainties.Actual results,
performance, or achievements could differ materially from those contemplated,
expressed, or implied by the forward-looking statements contained herein,and are
subject to change based on factors which are, in many instances, beyond the
Company`s control.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.

BankAtlantic
Media Relations:
Sharon Lyn, V.P., 954-940-6383
Fax: 954-940-5320
Email: CorpComm@BankAtlanticBancorp.com
or
Public Relations for BankAtlantic:
Rbb Public Relations
Sandra Fine, 305-567-0535
Fax: 305-448-5027
Email: sandra.fine@rbbpr.com
or
BankAtlantic Bancorp Investor Relations:
Leo Hinkley, Investor Relations Officer, SVP, 954-940-5300
Fax: 954-940-5320
Email: InvestorRelations@BankAtlanticBancorp.com

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