Bank of America today issued its fourth quarter Lending & Investing Initiative Report, noting the extension of more than $758 billion in credit during 2009, including nearly $180 billion during the fourth quarter alone. This quarterly report outlines the company’s progress in driving economic recovery through 10 key areas, including lending to consumers and businesses of all sizes, support for municipalities and nonprofits, community development and other initiatives. Read more 
New Report: Bank of America Extends More Credit in 2009 than Any Other U.S. Bank
COMPANY PERFORMANCE
12:30 pm 02/5/2010
Letter from CEO and President, Brian T. Moynihan
COMPANY PERFORMANCE
10:54 am 02/5/2010
On January 1, I assumed the duties of chief executive officer and president of Bank of America. The opportunity to lead this company and its nearly 300,000 associates is a solemn responsibility. I believe Bank of America can only succeed by doing all we can to contribute to the success of our customers, clients and the communities we serve. That’s why we’re here. It’s what drives us to get out and work hard every day.
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Economic Outlook
CONSUMER LENDING
9:12 am 02/5/2010
Bank of America Chief Economist Mickey Levy takes a look at the current state of the economy and its eventual ecovery. His views of the economic challenges that lie ahead provide useful context for Bank of America’s lending and investing initiatives.
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Bank of America Partners with Plum TV to Promote Community Activism
COMMUNITY DEVELOPMENT
9:12 am 02/5/2010
Bank of America is the sponsor of a new original TV series, “Citizen Active,” shown exclusively on Plum TV. The four-part documentary series captures the spirit of civic engagement through profiles of remarkable people who are working to strenthen their communities in many ways. Each half-hour episode is organized around a larger theme—education, community building, the environment, and “the next generation” of community activists.
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Supplier Diversity
RESPONSIBLE BUSINESS PRACTICES
9:11 am 02/5/2010
We encourage supplier diversity by increasing the amount of products and services we purchase from minority-, women-, veteran- and disabled person-owned business enterprises.
- Spent more than $10 billion with diverse businesses since start of Supplier Diversity program in 1990
- $6.4 billion spent with diverse suppliers over past five years, more than doubling the amount spent from 1990 to 2003
- Recognized as one of the “top 10 Companies for Supplier Diversity” by DiversityInc Magazine
- Named in the top 10 of the “top 25 Companies for Supplier Diversity” by Hispanic Business Magazine
