updated 4/27/2011 12:17:07 PM ET 2011-04-27T16:17:07

FORT LAUDERDALE, Fla., April 27, 2011 (GLOBE NEWSWIRE) -- BankAtlantic, Florida's Most Convenient Bank, announced today that it will participate in the 2011 Power Ride, a cycling poker ride presented by Habitat for Humanity of Martin County's Women Build Guild.

Women Build is a Habitat for Humanity International program that encourages women and girls to have fun and make a difference by building homes and communities. Thousands of houses have been built by women crews around the world – more than 1,000 have taken place since Women Build's official creation in 1998. Each year hundreds more homes are added as affiliates, donors and sponsors discover the impact of women volunteers and their resources.            

You're Invited!

The 2011 Power Ride presented by Habitat for Humanity of Martin County's Women Build Guild will take place on Saturday, April 30, 2011. All rides will start and finish at the Village Bike Shop, 8771 S.E. Bridge Road, Hobe Sound, Florida. 

The start times are:

  • 62-mile "Hammer Down" Ride: 7 a.m.
  • 35-mile "Flying Trusses" Ride: 8 a.m.
  • 10-mile "Building Blocks" Family Fun Ride: 9 a.m.

All three routes can be viewed on the Habitat for Humanity of Martin County website at http://www.habitatmartin.org/index.php?main=72&nav=195 . Individual registration is $50 and children 17 and under is $20. Proceeds benefit the 2011 Women Build home. All participants will receive a poker hand and a Power Ride T-shirt. Two Trek beach cruisers will awarded to the best poker hand. There will also be a raffle for a 22 inch flat screen television. Additional scheduled activities include:

  • At 8:15 a.m. the Martin County Sheriff's Office will conduct a bicycle safety training seminar.
  • At 10:00 a.m. Lowe's will conduct their Kids Build clinic.
  • The Habitat Restore truck will be at the event throughout the day accepting donations of home goods and appliances.

For information, sponsorship opportunities, registration and waiver forms, please visit http://www.habitatmartin.org/index.php?main=72&nav=193 , or call 772- 223-9940.

"With the help of families and neighbors riding in the 2011 Power Ride, we can all help Habitat for Humanity of Martin County turn lives around in our community one house at a time," commented Ken Binger, BankAtlantic's President of Palm Beach County and the Treasure Coast. "This is not only a great opportunity to help support Habitat for Humanity of Martin County; it is going to be a whole lot of fun for the whole family"

About Habitat for Humanity of Martin County: Since its inception in 1986, Habitat for Humanity of Martin County has built more than 81 houses in Hobe Sound, Indiantown, Jensen Beach, Port Salerno and Stuart. During fiscal year 2009-2010, nine homes were completed thanks to the hard work and dedication of the Habitat staff and volunteers, the sweat-equity of the homeowners, and an outpouring of community support. For further information, to donate or volunteer, please visit http://www.habitatmartin.org, telephone 772-223-9940, email info@habitatmartin.org, or write Habitat for Humanity of Martin County, 2555 S.E. Bonita Street, Stuart, Florida 34997.

About BankAtlantic:

BankAtlantic, Florida's Most Convenient Bank, is one of the largest financial institutions headquartered in Florida. 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.

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=8906

Except for historical information contained herein, the matters discussed in this press release contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), that involve substantial risks and uncertainties. Actual results could differ materially from those contemplated, expressed, or implied by the forward-looking statements contained herein. The Company cautions that the foregoing factors are not exclusive.

CONTACT: BankAtlantic Contact Info:
         Sharon Lyn, V.P. Media Relations:
         954-940-6383
         Email: CorpComm@BankAtlanticBancorp.com
         
         BankAtlantic Bancorp, Inc. Contact Info:
         Leo Hinkley, Investor and Media Relations Officer
         (954) 940-5300
         Email: InvestorRelations@BankAtlanticBancorp.com

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