BankAtlantic Reviews

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3.3
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Recommend to a friend
Approve of CEO
BankAtlantic Chairman and CEO; Chairman, BankAtlantic Alan B. Levan
Alan B. Levan
6 Ratings

10 Employee Reviews

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  1. Great place to work

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Analyst in Fort Lauderdale, FL
    Former Employee - Financial Analyst in Fort Lauderdale, FL

    I worked at BankAtlantic full-time (More than 8 years)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Lots of room to advance

    Cons

    Industry is awful. No one should ever work in banking


  2. Contractors Treated Like Serfs

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

    I worked at BankAtlantic as a contractor (Less than a year)

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

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

    Cons

    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 Management

    Retire.

    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.


  3. Really enjoyed my time there

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Applications Support in Fort Lauderdale, FL
    Former Employee - Applications Support in Fort Lauderdale, FL

    I worked at BankAtlantic full-time (More than 10 years)

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    The bank allowed me to grow constantly through the company and supported my career choices

    Cons

    Being in IT we were on call a lot. So work/life balance was not the best.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Great place to work

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

    I worked at BankAtlantic full-time

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    They promote from within
    Investment in employee growth
    Fun team based environment
    Great perks, benefits, and

    Cons

    No real cons other than they unfortunately were a victim of the housing crises. If they were still around it would be a great place to work.

    Advice to Management

    Thank you for the opportunities you gave


  6. Mgmt at BankAtlantic

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Sales and Service Manager in Fort Lauderdale, FL
    Current Employee - Sales and Service Manager in Fort Lauderdale, FL

    I have been working at BankAtlantic full-time (More than a year)

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Good to put on resume

    Cons

    work-life balance
    level of professionalism of associates
    sub-par technology


  7. Wonderful place to work.

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Fort Lauderdale, FL
    Current Employee - Anonymous Employee in Fort Lauderdale, FL

    I have been working at BankAtlantic

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    Great, friendly atmosphere. Executive Management shares important issues with employees at all levels.

    Cons

    Going through difficult financial times and had lots of lay offs last year.

    Advice to Management

    To value employees that have the faith in the company.


  8. " great place to work"

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Personal Banking Representative in Fort Lauderdale, FL
    Former Employee - Senior Personal Banking Representative in Fort Lauderdale, FL

    I worked at BankAtlantic

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    - WOW customer service both external and internal
    - great interpersonal relationships
    - great working environment
    - great management and leadership training

    Cons

    - compensation could improve
    - benefits package wasnt all that

    Advice to Management

    - do not allow your personal life to affect your work life negatively
    - should keep personal politics as a minimum criteria for advancement (favortism)


  9. Helpful (2)

    Company with no direction

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Former Manager in Fort Lauderdale, FL
    Former Employee - Former Manager in Fort Lauderdale, FL

    I worked at BankAtlantic

    Recommends
    Disapproves of CEO
    Recommends
    Disapproves of CEO

    Pros

    Good benefits. Smart people , Flexible work schedules. Constant communication from management

    Cons

    Relying on associates in the branch to ultimately drive deposits with poor direction from regionals who are more concerned with making their numbers for senior management than training future leaders

    Unprofessional, young tellers and reps who have no accountability nor individual incentives to sell bank products

    No promotional opportunities in Corporate.

    Systems infrastructure holding on by a thread -too many band aids-Mgmt does not want to invest in better, newer technology

    Takes forever for a project to complete due to poor systems, accountability of departments, and too few resources.

    Advice to Management

    Get rid of the deadwood-senior management and highly paid directors that make no impact or provide any strategic direction for the company. Don't hire people you know that are not competent to run a department. Employees are afraid to speak up for fear they may be venting to someone who has a 'close' relationship with senior management. Lots of nepotism. Provide stronger thought leadership and don't change direction every quarter at an officer's meeting.


  10. Not a bad job indeed.

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Lead Bidder in Fort Lauderdale, FL
    Former Employee - Lead Bidder in Fort Lauderdale, FL

    I worked at BankAtlantic

    Recommends
    Recommends

    Pros

    Great bank with room to grow in all sectors. Also the ability to move laterally and vertically from within. Pay was good and the reward for doing well at your job was also good. The job often involved travel and reimbursement was very fast and fair. Managers were meticulous and ran a clean operation from head to toe as expected by a large bank.

    Cons

    Management was not always the brightest and as motivated as the rest of the staff. Sometimes lackluster and not as motivated as the rest of the staff. If you don't enjoy the travel then this might not be the job for you.

    Advice to Management

    Try to motivate management and employees more.


  11. Helpful (1)

    Good Strategy Bad Execution

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Finance Manager in Fort Lauderdale, FL
    Current Employee - Finance Manager in Fort Lauderdale, FL

    I have been working at BankAtlantic

    Doesn't Recommend
    Disapproves of CEO
    Doesn't Recommend
    Disapproves of CEO

    Pros

    It's a comfortable work environment.

    Cons

    Politics, yes man culture, bueracracy, mediocracy

    Advice to Management

    The company needs to refocus on what they are good at and clean out the underperformers from their rankings (including the sr managers)



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