BankAtlantic Reviews

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

    Contractors Treated Like Serfs

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Information Technology in Fort Lauderdale, FL (US)
    Former Employee - Information Technology in Fort Lauderdale, FL (US)

    I worked at BankAtlantic as a contractor (less than an year)


    It was a paycheck and you had to leave at 5pm each day (no overtime allowed) so there was that.


    Atmosphere was terrible. Management openly encouraged hostility towards consultants with the full-time developers. Managers repeatedly referred to contractors as 'resources' and not by name and when they did bother to call you by your name - mispronounced it - after you were there a YEAR. No effort made to work together - constant struggle if working with full-time developers to get requirements or any assistance cause there was a fear you would take their job (and a resentment you probably made more than they did, etc. which mgmt enjoyed keeping alive.) So yeah - it was pretty awful, but paid my bills for a year so...

    Advice to ManagementAdvice


    Learn that consultants have feelings too and if you want an efficient / productive workplace - you need to stop nonsense and micromanaging people and let them use their talents.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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Additional Info

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Headquarters Fort Lauderdale, FL
Size 150 to 499 Employees
Acquired By BB&T
Founded 1994
Type Company - Public (BBX)
Industry Finance
Revenue $25 to $50 million (AUD) 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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