ITEM 5.02. DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS

On July 23, 2009, Bank of America Corporation (the "Corporation") announced that Craig Rosato will cease in his role as chief accounting officer of the Corporation, effective July 27, 2009.

Also, on July 23, 2009, Neil A. Cotty, 54, was named to succeed Mr. Rosato as chief accounting officer, effective July 27, 2009. Mr. Cotty joined NationsBank in March 1996 and has served in various capacities since that time. Mr. Cotty previously served as the Corporation's chief accounting officer from April 2004 to December 2008. Since January 2009, Mr. Cotty has served as chief financial officer of the Corporation's Global Banking and Global Wealth and Investment Management businesses.

A copy of the news release announcing the events described above is attached as Exhibit 99.1 and is incorporated in this report by reference.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.

(d) Exhibits.

The following exhibit is filed herewith:

EXHIBIT NO. DESCRIPTION OF EXHIBIT

99.1 Bank of America Corporation News Release dated July 23, 2009

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