http://www.bankofamerica.com

Bank of Opportunity

At Bank of America, we are committed to creating meaningful change in the communities we serve through our philanthropic efforts, associate volunteerism, community development activities and investing, support of arts and culture programming and environmental initiatives.

Our 2007 goal results:

• In 2007, Bank of America lent and invested $100.1 billion in four key areas:
• We provided more than $54.4 billion for affordable housing.
• We made over $25.6 billion in loans and investments for small business growth and development.
• We made more than $15.6 billion in consumer loans to low- and moderate-income borrowers for their home, education and personal needs.
• We provided $4.5 billion in loans, investments and grants for economic development efforts in support of community revitalization, access to capital and job creation.
• In the third year of the 10-year $750 billion goal, the bank has achieved $273.9 billion in loans and investment to date.

Community Development Corporation

Bank of America operates the oldest, largest and most productive bank-owned community development corporation (CDC) in the country.

We develop projects in conjunction with nonprofit community-based CDCs and local government organizations. The Banc of America CDC has

• Targeted neighborhood development (predominantly focusing on restoring home ownership)
• Helped develop multifamily affordable housing
• Created public housing development partnerships
• Helped fund retail, commercial and mixed-use developments in targeted neighborhoods

Leadership

"Bank of America helps build strong communities by creating opportunities for people - including customers, shareholders and associates - to fulfill their dreams."

Kenneth D. Lewis
Chairman, CEO and President