Filed under Rule 424(b)(3), Registration Statement No. 333-65750 (Revised) Pricing Supplement No. 38 - dated Monday, March 25 2002 (To: Prospectus Dated August 22, 2001) =================================================================================================================================== Selling Price 1st 1st CUSIP (% of Gross Net Coupon Coupon Maturity Coupon Coupon Survivor's Product Moody's S&P Number par) Concession Proceeds Rate Frequency Date Date Amount Option Ranking Rating Rating - ----------------------------------------------------------------------------------------------------------------------------------- 06050WAR6 100.000% 1.000% $8,649,630.00 5.200% semi-annual 03/15/2007 09/15/2002 $24.12 yes Senior Aa2 A+ Unsecured Notes Redemption Information: Non-Callable Joint Lead Managers and Lead Agents: Banc of America Securities LLC, INCAPITAL, LLC Agents: A.G. Edwards & Sons, Inc., Charles Schwab & Co., Edward D. Jones & Co., L.P., Merrill Lynch & Co., Morgan Stanley, Prudential Securities, Salomon Smith Barney Inc., UBS PaineWebber - ----------------------------------------------------------------------------------------------------------------------------------- 06050XEX7 100.000% 1.500% $4,409,845.00 6.000% monthly 03/15/2012 04/15/2002 $2.83 yes Subordinated Aa3 A Unsecured Notes Redemption Information: Non-Callable Joint Lead Managers and Lead Agents: Banc of America Securities LLC, INCAPITAL, LLC Agents: A.G. Edwards & Sons, Inc., Charles Schwab & Co., Edward D. Jones & Co., L.P., Merrill Lynch & Co., Morgan Stanley, Prudential Securities, Salomon Smith Barney Inc., UBS PaineWebber - ----------------------------------------------------------------------------------------------------------------------------------- 06050XEY5 100.000% 2.000% $10,310,580.00 6.500% monthly 03/15/2017 04/15/2002 $3.07 yes Subordinated Aa3 A Unsecured Notes Redemption Information: Callable at 100.000% on 3/15/2005 and every coupon date thereafter. Joint Lead Managers and Lead Agents: Banc of America Securities LLC, INCAPITAL, LLC Agents: A.G. Edwards & Sons, Inc., Charles Schwab & Co., Edward D. Jones & Co., L.P., Merrill Lynch & Co., Morgan Stanley, Prudential Securities, Salomon Smith Barney Inc., UBS PaineWebber The Bank of America InterNotes will be subject to redemption at the option of Bank of America, in whole on the interest payment date occurring any time on or after 03/15/2005 at a redemption price equal to 100% of the principal amount of the Bank of America InterNotes, plus accrued interest thereon, if any, upon at least 30 days prior notice to the noteholder and the trustee, as described in the Prospectus. - ----------------------------------------------------------------------------------------------------------------------------------- 06050XEZ2 100.000% 2.500% $3,866,850.00 6.700% semi-annual 03/15/2022 09/15/2002 $31.08 yes Subordinated Aa3 A Unsecured Notes Redemption Information: Callable at 100.000% on 3/15/2006 and every coupon date thereafter. Joint Lead Managers and Lead Agents: Banc of America Securities LLC, INCAPITAL, LLC Agents: A.G. Edwards & Sons, Inc., Charles Schwab & Co., Edward D. Jones & Co., L.P., Merrill Lynch & Co., Morgan Stanley, Prudential Securities, Salomon Smith Barney Inc., UBS PaineWebber The Bank of America InterNotes will be subject to redemption at the option of Bank of America, in whole on the interest payment date occurring any time on or after 03/15/2006 at a redemption price equal to 100% of the principal amount of the Bank of America InterNotes, plus accrued interest thereon, if any, upon at least 30 days prior notice to the noteholder and the trustee, as described in the Prospectus. - ----------------------------------------------------------------------------------------------------------------------------------- 06050XFA6 100.000% 2.500% $28,291,575.00 6.900% semi-annual 03/15/2027 09/15/2002 $32.01 yes Subordinated Aa3 A Unsecured Notes Redemption Information: Callable at 100.000% on 3/15/2007 and every coupon date thereafter. Joint Lead Managers and Lead Agents: Banc of America Securities LLC, INCAPITAL, LLC Agents: A.G. Edwards & Sons, Inc., Charles Schwab & Co., Edward D. Jones & Co., L.P., Merrill Lynch & Co., Morgan Stanley, Prudential Securities, Salomon Smith Barney Inc., UBS PaineWebber The Bank of America InterNotes will be subject to redemption at the option of Bank of America, in whole on the interest payment date occurring any time on or after 03/15/2007 at a redemption price equal to 100% of the principal amount of the Bank of America InterNotes, plus accrued interest thereon, if any, upon at least 30 days prior notice to the noteholder and the trustee, as described in the Prospectus. - ----------------------------------------------------------------------------------------------------------------------------------- [Bank of America Logo] Trade Date: Monday, March 25, 2002 @ 12:00 PM ET Bank of America Settle Date: Thursday, March 28, 2002 $5,000,000,000 Bank of America Bank of America Minimum Denomination/Increments: 1 Note/1 Note InterNotes 100 North Tryon Street All trades settle flat and clear SDFS: DTC Book Entry only Prospectus dated 22-Aug-01 Charlotte, NC 28255 DTC Number 0262 via BNY Clearing Services, LLC If the maturity date or an interest payment date for any note is not a business day (as term is defined in 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(sm) is the service mark of INCAPITAL, LLC. All Rights Reserved. ===================================================================================================================================