Lending, investing and giving in

Rhode IslandState facts and figures

State leadership

William HatfieldRhode Island State President

Banking Centers: 38

ATMs: 108

Merrill Lynch Offices: 1

U.S. Trust Offices: 1

Heritage

Bank of America began serving Rhode Island nearly 220 years ago. A group of local merchants, mariners and civic leaders founded Providence Bank in 1791, and it remains in business to this day. Fleet National Bank acquired Providence Bank’s successor entity in 2000, and the company entered the Bank of America family in 2005. Today, Bank of America is one of the nation’s largest financial institutions and provides services to half of all American households. To learn more about our history, please visit http://message.bankofamerica.com/heritage.

www.bankofamerica.com/local

June 30, 2012 update

Helping Rhode Island businesses growSmall business lending: In the first half of 2012, Bank of America provided over $33 million in new credit to small businesses in Rhode Island, a 71% increase over the same period in 2011.

Working with home loan customersModifying home loans: Since 2008, Bank of America has provided home loan modifications for more than one million customers, including 4,752 customers in the state of Rhode Island. This includes 297 home loan modifications for Rhode Island customers in the first half of 2012.

Community involvementBank of America is empowering consumers, supporting communities and investing in the economy of Rhode Island through philanthropy and volunteerism:

• Grants and matching gifts: In 2011, the Bank of America Charitable Foundation gave more than $2,278,127 (including matching gifts from the Bank of America Charitable Foundation) to help local nonprofit community organizations develop and grow, including those that provide basic human services such as hunger relief and housing assistance.

• Matching employee donations: In the first six months of 2012, more than $161,204 was contributed by employees to the local charitable organizations of their choice, and matched by the Bank of America Charitable Foundation.

• United Way commitments: In 2011, employees pledged $385,540 to the local campaign, volunteered in food banks, taught financial education and helped critical-needs service providers in their communities.

• Volunteer hours: In the first six months of 2012, local employees contributed 10,238 volunteer hours for maximum community impact. For 2012, the U.S. goal is to exceed 1.5 million hours.

Community development lending and investing (for calendar year 2011) • Affordable Housing: $375,790,622 in mortgages, loan modifications and financing,

primarily for housing for low- and moderate-income (LMI) individuals and families

• Small Business Lending: $152,399,411 in small-business loans and lines of credit

• Consumer Lending: $7,359,592 in consumer financial services for LMI individuals and families

• Economic Development: $6,764,421 in investments to nonprofits, including many Community Development Financial Institutions (CDFIs), to promote neighborhood revitalization

Environmental commitmentBank of America has completed more than $18.5 billion toward its $20 billion, 10-year environmental goal launched in 2007. Having almost reached this goal, the bank also announced a new $50 billion, 10-year environmental goal to begin in 2013. In Rhode Island, this contribution includes over $62.4 million in financing for renewable energy and energy efficiency projects and support of nonprofits focused on climate change.

Bank of America, N.A., Member FDIC. © 2012 Bank of America Corporation. Figures reflect 2011 EOY data.