| Bank of America Corporation | Filed Pursuant to Rule 424 (b)(2)
File number 333-83503 |
| Pricing Supplement No. 278 Dated September 20,
2001
(To Prospectus dated August 5, 1999 and Prospectus Supplement dated June 5, 2001) |
|
| Senior Medium-Term Notes, Series I |
| Principal Amount: | $9,500,000.00 | |
| Issue Price: | 100.000% | $9,500,000.00 |
| Commission or Discount: | 0.000% | $ 0.00 |
| Proceeds to Corporation: | 100.000% | $9,500,000.00 |
| Agent: | Banc of America Securities LLC, as Agent |
| Original Issue Date: | September 27, 2001 |
| Stated Maturity Date: | September 1, 2006 |
| Cusip #: | 06050MBN6 |
| Form: | Book-entry only. |
| Interest Rate: | Floating |
| Daycount Convention: | Actual/360 |
| Base rate: | LIBOR Telerate Page 3750 |
| Index maturity: | 90 days |
| Spread: | + 0.25 bps |
| Initial Interest Rate: | To be determined using the Base rate in effect on September 25, 2001 |
| Interest Reset Period: | Quarterly, commencing on March 1, 2002 |
| Interest Reset Dates: | March 1, June1, September 1 and December 1, commencing on March 1, 2002 |
| Interest Determination Date: | Two London banking days preceding the Interest Reset Date |
| Interest payment Dates: | March 1, June 1, September 1 and December 1, commencing on March 1, 2002 |
| May the Notes be redeemed by the corporation prior to maturity? | No. |
| May the Notes be repaid
prior to maturity at the option of the Holder? |
No. |
| Discount Note? | No. |