BankAtlantic Reviews

24 Reviews
3.2
24 Reviews
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BankAtlantic Chairman and CEO; Chairman, BankAtlantic Alan B. Levan
Alan B. Levan
16 Ratings
  1.  

    Bank Teller

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Personal Banking Representative in Miami Lakes, FL (US)
    Former Employee - Personal Banking Representative in Miami Lakes, FL (US)

    I worked at BankAtlantic full-time (more than an year)

    Pros

    This was a great place to work. I worked at the Red Road Branch and My managers and colleagues were an awesome team. It was a fast paced environment, but we all worked together to run the branch smoothly. My manager Usha was the sweetest and most down to earth women. Javier, our branch manager was also very pleasant and would brew coffee for us every morning. It felt more like coming in to work with a team then just a normal job. The company overall had a lot of incentives that made your daily job more important. you were awarded for good work and were recognized. When the company decided to sell it's branched due to the falling housing crises, they were very considerate to their employees. The employees were given a 30 day noticed and the option to continue to work until we closed or to leave and find a new job. We were also given severance packages.

    Cons

    Due to the economy, the Bank was sold and a bulk of the staff were laid-off. This would have been an awesome career if the Bank did not close.

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Additional Info

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Website www.bbxcapital.com
Headquarters Fort Lauderdale, FL
Size 150 to 499 Employees
Founded 1994
Type Company - Public (BBX)
Industry Finance
Revenue £10 to £25 million (GBP) per year
Competitors SunTrust, BB&T, Bank of America

BankAtlantic Bancorp is the holding company for BankAtlantic, which operates about 80 branches in Florida, with a focus on the Miami metropolitan area. The bank offers standard services like deposit accounts and credit cards in addition to investments through and agreement with LPL Financial. Residential mortgages make up about 40% of its loan portfolio, while commercial mortgage are about 25%, and home equity loans are nearly 20%. The bank also originates business and personal loans. BankAtlantic, which has been struggling with loan losses and declining revenues, is being... More

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