FORT LAUDERDALE, Fla., June 4 /PRNewswire-FirstCall/ -- BankAtlantic
Bancorp (NYSE: BBX), the parent company of BankAtlantic, Levitt Corporation,
and Ryan Beck & Co., today announced the appointment of Willis N. Holcombe to
its Board of Directors effective June 3, 2003.
(Photo: http://www.newscom.com/cgi-bin/prnh/20030414/BANKCORPLOGO )
Dr. Holcombe, a veteran educator and education administrator, has served
as President of Broward Community College for over 16 years. His 36-year
career has been dedicated to the field of higher education and learning.
Among numerous professional affiliations, Dr. Holcombe is a member of the
Florida Collegiate Consortium for International/Intercultural Education, the
Steering Committee of statewide Council of Community College Presidents,
Florida Association of Community Colleges, Florida Association of Colleges and
Universities, Florida Distance Learning Institute, College Consortium of
International Studies, and the Community College of the Air Force. Dr.
Holcombe's community activities include the United Way of Broward County, the
Coordinating Council of Broward, Community Blood Centers of South Florida, the
Executive Committee of the Board of Governors of the Greater Fort Lauderdale
Chamber of Commerce, and the Broward Alliance.
"We are extremely pleased that Will has agreed to become a member of the
BankAtlantic Bancorp Board of Directors," said Alan B. Levan, Chairman and
Chief Executive Officer. "Will is extremely dedicated to the affairs and
interests of South Florida's educational, civic, charitable and community
Dr. Holcombe attended undergraduate school at Baldwin-Wallace College in
Ohio and received his master's and doctorate at the University of Florida. He
has been awarded numerous education and leadership honors throughout his
career. They include Torchbearer for the Atlanta Summer Olympics, the "Miami
Herald Spirit of Excellence Charles Whited Award," "Leader of the Year Award"
from Leadership Broward, "Honorary Doctorate of Humane Letters" from Nova
Southeastern University, the "Silver Medallion Award" from the National
Conference of Community and Justice, and the "President's Award for
Professional Excellence" from the Florida Association of Community Colleges.
About BankAtlantic Bancorp:
BankAtlantic Bancorp (NYSE: BBX) is a diversified financial services
holding company and the parent company of BankAtlantic, Levitt Corporation,
and Ryan Beck & Co. Through these subsidiaries, BankAtlantic Bancorp provides
a full line of products and services encompassing consumer and commercial
banking, brokerage and investment banking, and real estate development.
BankAtlantic, "Florida's Most Convenient Bank," 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
branches throughout Florida and its online banking division --
BankAtlantic.com. BankAtlantic has 73 branch locations, operates more than
180 conveniently located ATMs and offers extended hours.
Seven-Day Branch Banking - Monday through Sunday
Extended branch lobby hours are 8:30 am - 5:00 pm, Monday through
Wednesday, and 8:30 a.m. - 8:00 p.m., Thursday and Friday.
Extended drive-thru hours are 7:30 a.m. - 8:00 p.m., Monday through
Saturday branch lobby hours are 8:30 a.m. - 3:00 p.m., and drive-thru
hours are 7:30 a.m. - 6:00 p.m.
Sunday branch lobby hours are 11:00 a.m. - 4:00 p.m., and drive-thru hours
are 11:00 a.m. - 4:00 p.m.
Levitt Corporation is the parent company of Levitt and Sons, Core
Communities, and Levitt Commercial. Levitt Corporation also maintains a 40%
ownership interest in Bluegreen Corporation.
Levitt and Sons is America's oldest homebuilder and America's first
builder of planned suburban communities, and is best known for creating New
York's Levittown, Long Island and Levittown, PA. After building approximately
200,000 homes in over 74 years, Levitt and Sons currently develops single and
multi-family homes for active adults and families throughout Florida.
Core Communities develops master-planned communities in Florida, including
its original and best known, St. Lucie West. St. Lucie West, the fastest
growing community on Florida's Treasure Coast for the last 7 years, is a
4,600-acre community with 4,000 built and occupied homes, 150 businesses
employing 5,000 people and a university campus. Core Communities' newest
master-planned community is "Tradition." Now under development on Florida's
Treasure Coast in St. Lucie County, Tradition features 5,600 residences, a
commercial town center and a world-class corporate park.
Levitt Commercial specializes in development, re-development, and joint
venture opportunities in industrial and retail properties.
Bluegreen Corporation: Levitt Corporation has a 40% ownership interest in
Bluegreen Corporation (NYSE: BXG). Bluegreen Corp. engages in the
acquisition, development, marketing and sale of drive-to vacation resorts,
golf communities and residential land. The Company's resorts are located in a
variety of popular vacation destinations including the Smoky Mountains of
Tennessee; Myrtle Beach and Charleston, South Carolina; Branson, Missouri;
Wisconsin Dells and Gordonsville, Wisconsin; Aruba and throughout Florida.
Bluegreen Corp.'s land operations are predominantly located in the
Southeastern and Southwestern United States.
Ryan Beck & Co. is a full-service broker dealer engaging in underwriting,
market making, distribution, and trading of equity and debt securities. The
firm also provides money management services, general securities brokerage,
including financial planning for the individual investor, consulting and
financial advisory services to financial institutions and middle market
companies. Ryan Beck & Co. also provides independent research in the
financial institutions, healthcare, technology, and consumer product
industries. Ryan Beck & Co. has in excess of 500 financial consultants
located in 40 offices nationwide.
For further information, please visit our websites:
BankAtlantic Bancorp Contact Info:
Investor Relations: Leo Hinkley, Phone: (954) 760-5317,
Fax: (954) 760-5415 or InvestorRelations@BankAtlanticBancorp.com. Mailing
Address: BankAtlantic Bancorp, Investor Relations, 1750 East Sunrise Blvd.,
Fort Lauderdale, FL 33304
Corporate Communications: Sharon Lyn, Phone: (954) 760-5402,
Fax: (954) 760-5415 or CorpComm@BankAtlanticBancorp.com
Statements in this release may constitute forward-looking statements and
are made pursuant to the Safe Harbor Provision of the Private Securities and
Litigation Reform Act of 1995. Forward-looking statements are based largely
on expectations and are subject to a number of risks and uncertainties
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 and the potential benefits, as well as
other factors detailed in the Company's SEC filings.
SOURCE BankAtlantic Bancorp, Inc.