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Bank of America Names Richard H. Vitale Leader of Not-for-Profit Healthcare and Institutions Practice
Date:1/12/2009

DALLAS, Jan. 12 /PRNewswire/ -- Bank of America Dallas Market President Richard Holt announced today that Richard H. Vitale has been named to manage Bank of America's Not-for-Profit Healthcare and Institutions Practice for North and Central Texas.

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"Richard has blended his extensive experience in developing financial solutions for not-for-profits with a passion for helping our community," said Holt. "Bank of America holds a leading market share nationally and locally in the not-for-profit sector. Richard's bias for action has been a great benefit to our clients and our company."

Vitale is responsible for providing comprehensive integrated financial solutions and industry expertise to not-for-profit healthcare companies, private educational institutions, and other not-for-profit organizations in North and Central Texas. Vitale and his team manage many of the largest not-for-profit relationships in this region.

Vitale joined a Bank of America predecessor company in 1994, and has been in commercial banking for his entire banking career. He was born and reared in Dallas and is a proud graduate of the Dallas Independent School District. Vitale also earned his undergraduate degree from the University of North Carolina at Chapel Hill. Upon graduation, Vitale returned to North Texas with the bank.

Vitale has distinguished himself as a senior leader in the community and has actively volunteered with many organizations. He currently serves as a Board Member and Executive Committee Member for the March of Dimes, Dallas Division; as Chairman of the Board of the YMCA at White Rock in Dallas; as a Board Member of the YMCA of Metropolitan Dallas; as a Board Member and Executive Committee Member of the North Dallas Chamber of Commerce; as a Board Member of the Suicide and Crisis Center of North Texas as a member of the Leadership Dallas Alumni Association; and as a member of the Principal's Community Advisory Committee of Woodrow Wilson High School, a Dallas Independent School District, nationally recognized, campus.

Bank of America is the predominant middle-market bank in the U.S., serving companies with annual revenues of between $20 million and $2 billion as well as not-for-profits and governments. We leverage our coast-to-coast footprint, global reach and product breadth with the industry expertise of our client teams to offer our clients integrated solutions that include credit, investment banking, international banking, global treasury services, investment services and personal wealth management.

Bank of America

Bank of America is one of the world's largest financial institutions, serving individual consumers, small and middle market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk-management products and services. The company provides unmatched convenience in the United States, serving more than 59 million consumer and small business relationships with more than 6,100 retail banking offices, more than 18,000 ATMs and award-winning online banking with more than 25 million active users. Bank of America offers industry leading support to more than 4 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients in more than 150 countries and has relationships with 99 percent of the U.S. Fortune 500 companies and 83 percent of the Fortune Global 500. Bank of America Corporation stock (NYSE: BAC) is a component of the Dow Jones Industrial Average and is listed on the New York Stock Exchange.

                            www.bankofamerica.com

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