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Bank of America/LaSalle Bank Partners With Boys & Girls Clubs of Southeastern Michigan to Benefit Area Youth

Partnership Includes $100-Thousand Grant from Bank of America Charitable Foundation to Boys & Girls Clubs of Southeastern Michigan

DETROIT, Nov. 21 /PRNewswire/ -- Bank of America Corporation, which completed its purchase of LaSalle Bank on Oct. 1, today announced a $100- thousand grant to the Boys & Girls Clubs of Southeastern Michigan (BGCSM).

(Logo: http://www.newscom.com/cgi-bin/prnh/20050720/CLW086LOGO-b )

Bank of America/LaSalle Bank is teaming up with the BGCSM to raise awareness and much-needed funds for the youth development organization. Through December 31, all 166 LaSalle banking centers in Southeast Michigan will be accepting contributions on behalf of BGCSM. In addition, Bank of America will sponsor a special BGCSM float in America's Thanksgiving Parade in downtown Detroit.

"Bank of America has a long tradition of supporting community organizations in the markets we serve," said Kieth Cockrell, Bank of America's market president for Detroit. "I encourage everyone to join our effort and make an investment in the community by stopping by one of our convenient LaSalle banking centers to make a donation to the Boys & Girls Clubs of Southeastern Michigan."

"We believe that all children should be involved in a safe, well supervised after-school program every day," stated Len Krichko, president & CEO of Boys & Girls Clubs of Southeastern Michigan. "Boys & Girls Clubs provide a safe haven with caring adults, character-building programs, hope and opportunity for children. Our programs require financial support and every donation we receive is essential toward carrying out our mission. We are very appreciative of the opportunity to partner with Bank of America/LaSalle Bank to Celebrate the Season of Giving to benefit the 26,000 kids we serve."

Bank of America Corporate Philanthropy

Bank of America has embarked on an unprecedented 10-year goal to give $1.5 billion to nonprofit organizations engaged in improving the health and vitality of their neighborhoods. The Bank of America Charitable Foundation will give more than $200 million in 2007, making the bank one of the most generous corporate donors in the world. Bank of America approaches giving through a national strategy called "neighborhood excellence" under which it works with local leaders to identify and meet the most pressing needs of individual communities. Through Team Bank of America, bank associate volunteers contribute more than 500,000 hours each year to improve the quality of life in their communities nationwide. For more information about Bank of America Corporate Philanthropy, please visit http://www.bankofamerica.com/foundation.

Bank of America

Bank of America is one of the world's largest financial institutions, serving individual consumers, small and middle market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk-management products and services. The company provides unmatched convenience in the United States, serving 57 million consumer and small business relationships with more than 5,700 retail banking offices, more than 17,000 ATMs and award-winning online banking with more than 22 million active users. Bank of America is the No. 1 overall Small Business Administration (SBA) lender in the United States and the No. 1 SBA lender to minority-owned small businesses. The company serves clients in 175 countries and has relationships with 98 percent of the U.S. Fortune 500 companies and 80 percent of the Fortune Global 500. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.

Boys & Girls Clubs of Southeastern Michigan

Boys & Girls Clubs of Southeastern Michigan (B&GCSM) is a youth development organization providing a positive environment that enables its members to become responsible, self-reliant, caring adults. The Clubs are open during the school year to children ages 6-18 (grades 1-12). For information about joining Boys & Girls Clubs of Southeastern Michigan, call (248) 473-1400 any weekday between 9 a.m. and 5 p.m.

Photo: http://www.newscom.com/cgi-bin/prnh/20050720/CLW086LOGO-b
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com

SOURCE: Bank of America

CONTACT: Lawrence Di Rita of Bank of America, +1-704-941-1460,
Lawrence.Di_Rita@bankofamerica.com

Web site: http://www.bankofamerica.com/foundation