Filed Under Rule 424(b)(3), Registration Statement No. 333-152418
Pricing Supplement No. 278 - dated Tuesday, February 22, 2011 (To: Prospectus Dated July 21, 2008)

 

CUSIP 
Number

Aggregate
Principal
Amount

Price to
Public

Gross Concession

Net 
Proceeds

Coupon
Type

Coupon
Rate

Coupon
Frequency

Maturity Date

1st Coupon Date

1st Coupon
Amount

Survivor's
Option

Product
Ranking

06050WET8

 [$]

100.000%

1.800%

 [$]

FIXED

4.850%
SEMI-ANNUAL

03/15/2021

09/15/2011

$25.87

YES

Senior
Unsecured
Notes


Redemption Information: Non-Callable

Joint Lead Managers and Lead Agents: BofA Merrill Lynch, Incapital LLC  Agents:  Charles Schwab & Co.,  Inc., Citi, Morgan Stanley, UBS Investment Bank, Wells Fargo Advisors        


Bank of America
 

Offering Dates:  Tuesday, February 22, 2011 through Monday, February 28, 2011
Trade Date: Monday, February 28, 2011 @ 12:00 PM ET
Settlement Date: Thursday, March 03, 2011
Minimum Denomination/Increments: $1,000.00/$1,000.00
Initial trades settle flat and clear SDFS: DTC Book Entry only
DTC Number 0235 via RBC Dain Rauscher Inc.

If the maturity date or an interest payment date for any note is not a business day (as that term is defined in the prospectus), principal, premium, if any, and interest for that note is paid on the next business day, and no interest will accrue from, and after, the maturity date or interest payment date.

InterNotes® is a registered trademark of Incapital Holdings LLC. All Rights Reserved.

Bank of America InterNotes
Prospectus dated 21-Jul-08