BankAtlantic

BankAtlantic Bancorp, Inc

Former type	Public
Industry	Finance and Insurance
Fate	Acquired by BB&T
Founded	Fort Lauderdale, FL (1952)
Defunct	2012
Headquarters	Fort Lauderdale, Florida
Key people	Jarett Levan (CEO) Alan Levan, Chairman
Products	Banking
Number of employees	approx 1,040
Website	www.bankatlantic.com

BankAtlantic, was a US bank that operated in the state of Florida until it was acquired in 2012 by BB&T Corporation. It provided consumer and business banking services to communities throughout Florida.

It was founded in 1952 and had 78 branch locations in Broward, Martin, Miami-Dade, Palm Beach, and St. Lucie counties. It was a member of the Federal Deposit Insurance Corporation.

Prior to its acquisition, in June 2011, BankAtlantic had assets of $3.86bn with liabilities of $3.84bn. The company’s lending portfolio comprised commercial real estate loans, commercial business loans, standby letters of credit and commitments, consumer loans, small business loans, and residential loans.