BANK OF AMERICA[LOGO] Corporate Treasury Shareholder Relations NC1-007-23-01 100 North Tryon Street Charlotte, NC 28255 Tel 704-386-5972 Fax 704-386-0270 Pricing Supplement No. 0226 Dated June 14, 1999 Rule 424(b)(2) (To Prospectus dated May 21, 1998 and File number: 333-51367 Prospectus Supplement dated November 16, 1998) Subordinated Medium-Term Notes, Series H Due Nine Months or More From Date of Issue Fixed Rate Notes Principal Amount: $ 20,000,000.00 Issue Price: 100%(1) Commission or Discount: 2.400 % $ 480,000.00 Proceeds to Corporation: 97.600 % $ 19,520,000.00 Agent: ABN AMRO Incorporated, as Principal (1) Original Issue Date: June 24, 1999 Stated Maturity Date: June 24, 2014 Cusip #: 06050N-AC-9 Form: Book-entry only Interest Rate: 7.250% per annum Interest Payment Dates: Monthly, 24th of each month, commencing on July 24, 1999 Discount Note? No May the Notes be redeemed by the Corporation prior to maturity? Yes (See below) The notes will be subject to redemption at the option of the Corporation, in whole, on the Interest Payment Date occurring June 24, 2002 and on any Interest Payment Date occurring in June or December thereafter at a redemption price equal to 100% of the principal amount of the Notes, plus accrued interest thereon, if any, upon at least 30 calendar days prior notice to the Noteholder and the Trustee, as described in the Prospectus Supplement. May the notes be repaid prior to maturity at the option of the holder? No (1): Notes purchased by the Agent as principal may be resold to investors and other purchasers in $1,000.00 minimum denominations at varying prices relating to prevailing market prices at the time of resale as determined by ABN AMRO, Incorporated.