updated 3/17/2011 12:19:22 PM ET 2011-03-17T16:19:22

FORT LAUDERDALE, Fla., March 17, 2011 (GLOBE NEWSWIRE) -- BankAtlantic, Florida's Most Convenient Bank, announced today that it will help to bring a little bit of magic and star-filled fun to kids in South Florida through its new "BankAtlantic Performs Magic for Kids" program this spring. Through "BankAtlantic Performs Magic for Kids," BankAtlantic is donating over 200 tickets to 14 different local children's charities, schools and non-profit organizations to attend "Disney on Ice: Let's Celebrate." The show is scheduled to take place at the BankAtlantic Center in Sunrise, FL, from March 24 through March 27, 2011. 

"BankAtlantic has served as Florida's community bank since 1952, and the 'BankAtlantic Performs Magic for Kids' program is a small part of our on-going commitment of giving back to our South Florida community," said Jarett Levan, CEO of BankAtlantic. "It will be a magical experience for the kids when they get to enjoy the spectacular performances by their favorite characters on ice, and we are delighted to offer these extremely popular 'Disney on Ice' tickets to such deserving children." 

Currently, the local children's non-profit organizations, charities and schools that will take part in the "Disney on Ice: Let's Celebrate" ticket selection and distribution include: 4 Kids of South Florida, The Shepherd's Way, Biscayne Gardens Elementary School, Broward Partnership for the Homeless, Children's Diagnostic Treatment Center, Jessica June Children's Cancer Foundation, SOS-Children's Village, Russell Life Skills and Reading Foundation, YMCA of Broward County, ChildNet, Arc Broward, Bright Horizons, the Ann Stork Center and the Bayview Center.   

About BankAtlantic: BankAtlantic, Florida's Most Convenient Bank is one of the largest financial institutions headquartered in Florida.  BankAtlantic was rated as having the "Highest in Customer Satisfaction in Florida for Retail Banking" based on the J.D. Power and Associates 2010 Retail Banking Satisfaction Study™. 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. For further information, please visit www.BankAtlantic.com

BankAtlantic Bancorp (NYSE:BBX) is a bank holding company and the parent company of BankAtlantic. For further information, please visit www.BankAtlanticBancorp.com

The BankAtlantic logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=8897

CONTACT:  BankAtlantic Media Contact:
          Sharon Lyn 
          954-940-6383 
          CorpComm@BankAtlanticBancorp.com

          BankAtlantic Bancorp, Inc. Contact:
          Leo Hinkley, Investor and Media Relations Officer 
          (954) 940-5300 
          InvestorRelations@BankAtlanticBancorp.com

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