BankAtlantic Launches New Mobile Banking Application for Android® Phones

-Mobile Banking just got a lot easier with BankAtlantic for Android phones-

FORT LAUDERDALE, Fla.--()--BankAtlantic, Florida’s Most Convenient Bank, announced today the launch of its latest Mobile Banking Application (“App”) for Android® platform phones, powered by Intuit Financial Services.

“We are very excited about adding the Android App to our current selection of Mobile Banking solutions. It’s fast, easy-to-use, and offers simple one-touch access to your banking information,” commented Lloyd DeVaux, Chief Operating Officer of BankAtlantic. “Customers want and demand mobile banking solutions. According to i.bnet.com (12/9/2010) Google is expecting sales of 100 million Androids this year and is already seeing 300,000 activations per day. For our large Android user customer base, these new capabilities reflect our ongoing commitment to create both value and convenience that help them manage their finances while on-the-go.”

Following the recent success of BankAtlantic’s iPhone application launch, BankAtlantic is excited to announce its cutting-edge Mobile Banking platform for Android phones will soon be available. The latest Application will offer Android phone customers the same free*, fast, safe and secure mobile banking medium as iPhone users with a suite of seamless features including:

  • View account balances.
  • View recent transactions and transaction history.
  • Transfer funds between accounts.
  • Get GPS guidance to locate the BankAtlantic branch or ATM location nearest you.

“We live in a mobile world and adding the convenience of having your local community bank in the palm of your hand is a service that customers want and deserve,” commented Jarett Levan, BankAtlantic’s CEO. “BankAtlantic customers enjoy the many benefits of relationship banking with their local community bank plus the added ease of seamless mobility using BankAtlantic’s free*, cutting-edge Mobile Banking Application for the Android. Adding the Android Application to our existing Mobile Banking services, including our free* iPhone, iPad and iPod Touch app, Mobile Web and free** Text Message Banking, really allows our customers many convenient mobile options in managing their banking whether they are around the corner or around the world.”

Mobile Banking just got a whole lot easier for Android phone users with BankAtlantic’s Android App - just a snapshot of the total convenience our customers experience. For further information, please visit us at www.BankAtlantic.com or a BankAtlantic branch nearest you.

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*BankAtlantic’s new Mobile Banking Application for the Android, iPhone®, iPad® and iPod Touch® is provided to its customers free of charge. However, network charges may vary depending on provider. If you aren't sure what fees may apply, please consult with your network provider before enrolling in the service.

** BankAtlantic’s new Text Message Banking service is provided to its customers free of charge. However, standard carrier fees for text messaging, including message and data rates, from your communications service provider will apply. If you aren't sure what fees apply when you send and receive text messages, please consult with your mobile phone carrier and/or communications service provider before enrolling in the service.

Deposits are subject to verification and may not be available for immediate withdrawal. Transactions may not appear in the order in which they will be posted at the end of each business day. Terms and conditions apply.

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About Intuit Financial Services: Intuit Financial Services (formerly Digital Insight) helps banks and credit unions grow by making it easier for consumers and businesses to manage their money. As a division of Intuit Inc, Intuit Financial Services’ portfolio of on-demand solutions and services are built on insights gained over three decades working with customers and creating innovative offerings that anticipate their needs.

Intuit, the Intuit logo, Intuit Financial Services and Digital Insight, among others, are registered trademarks and/or registered service marks of Intuit Inc. in the United States and other countries. Other parties' trademarks or service marks are the property of their respective owners and should be treated as such.

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 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 and offers extended weekday hours, Online Banking & Bill Pay, a 7-Day Customer Service Center, Change Exchange coin counters, as well as retail and business checking accounts. Member FDIC.

BankAtlantic Bancorp (NYSE: BBX) is a bank holding company and the parent company of BankAtlantic. For further information, please visit: www.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 substantial risks and uncertainties. Actual results could differ materially from those contemplated, expressed, or implied by the forward-looking statements contained herein. In addition, BankAtlantic’s new Mobile Banking Application for the Android, iPhone®, iPad® and iPod Touch® is provided to its customers free of charge. However, network charges may vary depending on provider. If you aren't sure what fees may apply, please consult with your network provider before enrolling in the service. In addition, BankAtlantic’s new Text Message Banking service is provided to its customers free of charge. However, standard carrier fees for text messaging, including message and data rates, from your communications service provider will apply. If you aren't sure what fees apply when you send and receive text messages, please consult with your mobile phone carrier and/or communications service provider before enrolling in the service. Deposits are subject to verification and may not be available for immediate withdrawal. Transactions may not appear in the order in which they will be posted at the end of each business day. Terms and conditions apply. The Company cautions that the foregoing factors are not exclusive.

Contacts

BankAtlantic Media Contact:
Caren Berg, Boardroom Communications, 954-370-8999
cberg@boardroompr.com
or
BankAtlantic Bancorp, Inc. Contact Info:
Leo Hinkley, Investor and Corporate Communications Officer, 954- 940-5300 InvestorRelations@BankAtlanticBancorp.com
or
Sharon Lyn, V.P., Investor and Corporate Communications, 954-940-6383
CorpComm@BankAtlanticBancorp.com

Release Summary

BankAtlantic launches Mobile Banking Application (“App”) for Android® platform phones, powered by Intuit Financial Services.

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Contacts

BankAtlantic Media Contact:
Caren Berg, Boardroom Communications, 954-370-8999
cberg@boardroompr.com
or
BankAtlantic Bancorp, Inc. Contact Info:
Leo Hinkley, Investor and Corporate Communications Officer, 954- 940-5300 InvestorRelations@BankAtlanticBancorp.com
or
Sharon Lyn, V.P., Investor and Corporate Communications, 954-940-6383
CorpComm@BankAtlanticBancorp.com