Business & Finance
Business and Finance
Business and Finance
Tue, June 14, 2011
Mon, June 13, 2011 BankAtlantic Appoints Russell L. Burdsall to Senior Vice President of BankAtlantic Mortgage Services
FORT LAUDERDALE, Fla.--([ BUSINESS WIRE ])--BankAtlantic (NYSE: BBX), Floridaa™s Most Convenient Bank, announced today the appointment ofRussell L. Burdsall to Senior Vice President of BankAtlantic Mortgage Services. In his new role, Mr. Burdsall will develop and implement strategies to increase mortgage production and profitability. In addition, Mr. Burdsall will be hiring Mortgage Loan Officers to support BankAtlantica™s retail branch network and to reach out into the communities we serve by working with Realtors, Builders, Financial Planners and other referral sources.
"We are very pleased to welcome Russell to the BankAtlantic team."
aRussell is truly a seasoned veteran banker with a distinguished track record of highlighted recognitions including managing several mortgage production channels to record production and profitability. His background, experience, and hands-on working knowledge of the mortgage business will make him an ideal fit for our franchise,a commented Jarett Levan, CEO of BankAtlantic. aWe are very pleased to welcome Russell to the BankAtlantic team.a
Mr. Burdsalla™s career spans over twenty years in the financial services industry. He has a proven track record in sales management in the mortgage banking industry, and in depth experience in developing and implementing strategic plans to optimize production and productivity for multiple origination and distribution channels. Previous assigned production channels had annual originations in excess of $13 billion of mortgage loan products and another $800 million in Auto/RV/Boat loan products. Mr. Burdsalla™s accomplishments include managing multiple business units, support teams and service centers with staffing levels reaching approximately 800 associates.
About BankAtlantic:
BankAtlantic, Floridaa™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.
Banking just got a whole lot easier! For further information, please visit us at [ www.BankAtlantic.com ] or a BankAtlantic branch nearest you.
BankAtlantic Bancorp (NYSE: BBX) is a bank holding company and the parent company of BankAtlantic. For further information, please visit: [ www.BankAtlanticBancorp.com ].
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 aSecurities Acta), and Section 21E of the Securities Exchange Act of 1934, as amended (the aExchange Acta), 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.
