Susan Bies served as a member of the Board of Governors of the Federal Reserve System and as Chief Financial Officer of First Tennessee National Corporation. William Boardman was Director of Bank One Corporation and Visa International.

Paul Jones was CEO and Executive of Compass Bancshares. Donald Powell worked as Chairman of the Federal Deposit Insurance Corporation (FDIC) and as President and CEO of The First National Bank of Amarillo.

Walter Massey, Chairman, BofA, said: “These new directors bring a wealth of experience in financial services from a variety of perspectives. Their participation will make our board even stronger as we move our company toward achieving its true potential.”

Ken Lewis, CEO and President, BofA, said: “I look forward to working with our new board members and taking advantage of their counsel.”