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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...
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