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Basic Search  |  Geographic Searches  |  Advanced Search | Megadeals

Subsidy Tracker Parent Company Summary

Parent Company Name: Bank of America
Ownership Structure: publicly traded (ticker symbol NYSE: BAC)
Headquartered in: North Carolina
Major Industry: financial services
Specific Industry: banking
Subsidy SummarySubsidy ValueNumber of Awards
State/Local$290,660,410162
Federal (grants and allocated tax credits)$453,905,7478
TOTAL$744,566,157170
Loan / Bailout SummaryTotal Face ValueNumber of Awards
State/Local loans, bond financing and venture capital$00
Federal loans, loan guarantees and bailout assistance (not including repayments)$3,627,587,344,709712
TOTAL$3,627,587,344,709712
Time Period for State and Local Awards: Earliest year of data: 1997. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2010.
Time Period for Federal Awards: FY2000 to the present
Notes: Dollar totals do not include awards for which no subsidy value is disclosed.
Links: For a summary of this company's regulatory violations see its Violation Tracker summary page here.

For an overview of this company's accountability track record, read its Corporate Rap Sheet here.

Top 5 States for state/local awardsTotal Subsidy $Number of Awards
New York$83,526,33351
North Carolina$79,201,41815
New Jersey$37,496,8002
Illinois$27,037,6991
Texas$20,000,0001
All other$43,398,16092

Individual Subsidy Records:

Click on the company name for more information on each subsidy award.

Download results as CSV or XML or Save your search (Click here for information on download subscriptions)
CompanyLocationSubsidy SourceYearSubsidy Value sort icon . Loan/Bailout ValueType of Subsidy
Bank of America N.A.United Statesfederal2009$417,097,130federal grant
Merrill Lynch & Co., Inc.New Jerseystate2000$31,096,800grant
BA Leasing BSC, LLCUnited Statesfederal2014$27,188,013federal grant
LaSalle Street Capital, Inc.Illinoislocal2003$27,037,699tax increment financing
Bank of America (formerly Countrywide Financial)Texasstate2004$20,000,000grant
Bank of America CorporationNew Yorklocal2004$19,674,823tax credit/rebate; property tax abatement
Bank of America, N.ANew Yorklocal2004$19,674,823tax credit/rebate; property tax abatement
Bank of America Corp. and SubsNorth Carolinastate2015$13,680,084tax credit/rebate
Merrill Lynch & Co., Inc.New Yorklocal1997$12,306,686tax credit/rebate; property tax abatement
Bank of America CorporationNorth Carolinastate2019$8,933,352tax credit/rebate
Bank of America Corp. and Subs North Carolinastate2013$8,496,188tax credit/rebate
Bank of America Corp. and SubsNorth Carolinastate2016$7,681,987tax credit/rebate
Bank of America CorporationNorth Carolinastate2018$7,267,442tax credit/rebate
Bank of America CorporationNew Yorklocal2008$6,860,090tax credit/rebate; property tax abatement
Bank of America CorporationNorth Carolinastate2020$6,531,958tax credit/rebate
Merrill Lynch, Pierce, Fenner & Smith IncorporatedNew Jerseystate1997$6,400,000grant
Banc of America Leasing & Capital, LLCUnited Statesfederal2012$6,262,588federal grant
Bank of America Corp. and SubsNorth Carolinastate2013$5,761,284tax credit/rebate
Bank of America Corp. and SubsNorth Carolinastate2015$5,545,779tax credit/rebate
Bank of America CorporationNew Yorklocal2007$5,537,451tax credit/rebate; property tax abatement
Banc of America Leasing & Capital, LLCOregonstate2013$4,875,000tax credit/rebate
Bank of AmericaFloridastate2014$4,850,000grant
Bank of America Corp. and SubsNorth Carolinastate2016$4,740,379tax credit/rebate
Merrill Lynch & Co., Inc.Floridastate2006$4,000,000tax credit/rebate
Bank of America, NARhode Islandstate2010$3,931,687tax credit/rebate
BANK OF AMERICA CORPORATIONCaliforniastate2008$3,433,250training reimbursement
BANK OF AMERICA CORPORATIONCaliforniastate2005$2,912,832training reimbursement
Bank of America CorporationNorth Carolinastate2017$2,875,772tax credit/rebate
Countrywide Home Loans, Inc.Floridastate2005$2,760,000tax credit/rebate
Bank of America Corp. and SubsNorth Carolinastate2015$2,549,764tax credit/rebate
Merrill Lynch & Co. Inc.New Yorklocal2003$2,433,636tax credit/rebate; property tax abatement
Bridgeport Phase I/Bank of AmericaConnecticutstate2009$2,402,649tax credit/rebate
Bank of AmericaRhode Islandstate2009$2,205,274tax credit/rebate
Bank of America Corp. and SubsNorth Carolinastate2016$1,831,554tax credit/rebate
Resort Funding, LLC New Yorkstate2011$1,784,000enterprise zone
Bank of America, NARhode Islandstate2008$1,742,621tax credit/rebate
Bank Of America Corp. And SubsNorth Carolinastate2011$1,681,297tax credit/rebate
Bank of AmericaUnited Statesfederal2012$1,326,380federal grant
Fleet National BankNew Yorkstate2003$1,320,375enterprise zone
Resort Funding, LLC New Yorkstate2010$1,250,000enterprise zone
Bank of America CorporationNew Yorklocal2006$1,244,077tax credit/rebate; property tax abatement
Banc of America Leasing and Capital LLC-lessor toLouisianastate2012$1,237,619property tax abatement
Fleet National BankNew Yorkstate2003$1,200,000enterprise zone
Merrill Lynch & Co., Inc.New Yorklocal2004$1,196,797tax credit/rebate; property tax abatement
Fleet National BankNew Yorkstate2004$1,170,000enterprise zone
Bank of America CorporationNorth Carolinastate2017$1,097,365tax credit/rebate
Bank of America CorporationArizonastate2021$1,029,000tax credit/rebate
Fleet National BankNew Yorkstate2003$1,000,000enterprise zone
Resort Funding, LLC New Yorkstate2009$987,941enterprise zone
Resort Funding LLCNew Yorkstate2006$934,383enterprise zone
Resort Funding, LLC New Yorkstate2012$822,000enterprise zone
222 BROADWAY, LLCNew Yorklocal2011$819,181property tax abatement
Banc of America LeasingLouisianastate2016$763,686property tax abatement
Bank of America CorporationArizonastate2021$753,000tax credit/rebate
Bank Of America, National AssociationUnited Statesfederal2009$700,000federal grant
BANK OF AMERICA CORPORATIONCaliforniastate2010$671,563training reimbursement
Resort Funding, LLC New Yorkstate2013$637,000enterprise zone
Bank of America Corporation, N.A.Arizonastate2020$615,000tax credit/rebate
Banc of America LeasingLouisianastate2016$594,828property tax abatement
Bank of America Floridalocal2013$558,422grant
Banc of America LeasingLouisianastate2016$539,107property tax abatement
Bank Of America Corp. and SubsNorth Carolinastate2010$527,213tax credit/rebate
Banc of America Leasing & Capital, LLCUnited Statesfederal2012$508,636federal grant
Bank Of America, National AssociationUnited Statesfederal2012$500,000federal grant
Bank of AmericaFloridastate2014$480,000tax credit/rebate
Resort Funding, LLC New Yorkstate2014$421,500enterprise zone
Fleet National BankNew Yorkstate2003$369,000enterprise zone
Resort Funding, LLC New Yorkstate2005$337,672enterprise zone
Bank of AmericaArizonastate2006$336,789training reimbursement
Banc of America Leasing and Capital LLC- lessor to Graphic Packaging Int'l Inc.Louisianalocal2014$328,908property tax abatement
Bank Of America, National AssociationUnited Statesfederal2014$323,000federal grant
Bank of America CorporationArizonastate2021$306,000tax credit/rebate
Banc of America Leasing Louisianastate2015$229,444property tax abatement
Bank of AmericaArizonastate2007$217,914training reimbursement
Fleet National BankNew Yorkstate2002$200,000enterprise zone
Banc of America LeasingLouisianastate2016$160,099property tax abatement
Resort Funding, LLC New Yorkstate2015$150,000enterprise zone
Resort Funding, LLC New Yorkstate2004$137,050enterprise zone
Resort Funding, LLCNew Yorkstate2016$129,000enterprise zone
Banc of America Leasing and Capital LLC-lessor to Graphic Packaging Int'l Inc. Louisianastate2013$122,564property tax abatement
Bank of America/Fleet OperationsNew Yorklocal2007$119,022tax credit/rebate; property tax abatement
Resort Funding, LLCNew Yorkstate2007$107,695enterprise zone
BANK OF AMERICA NA Mainestate2014$102,897property tax abatement
Bank of America CorporationNew Yorklocal2010$100,042tax credit/rebate; property tax abatement
Bank of AmericaDelawarestate2004$100,000training reimbursement
MBNA MARKETING SYSTEMS INCMainestate2009$81,129property tax abatement
Fleet National BankNew Yorkstate2003$78,000enterprise zone
Bank of AmericaKansasstate2006$72,111training reimbursement
BANK OF AMERICA N AMainestate2009$57,425property tax abatement
FSC, Inc.Kansasstate2012$52,480grant
BANK OF AMERICA NAMainestate2013$50,894property tax abatement
Bank of America CorporationNew Yorklocal2011$49,904multiple
Bank of America, N.ANew Yorklocal2012$49,904multiple
Bank of America, N.ANew Yorklocal2013$49,904multiple
Bank of America, N.ANew Yorklocal2014$49,904multiple
Bank of America, N.ANew Yorklocal2015$49,904multiple
Bank of America, N.ANew Yorklocal2016$49,904multiple
Bank of America, N.ANew Yorklocal2017$49,904multiple
Bank of America, N.ANew Yorklocal2018$49,904multiple
BANK OF AMERICA N AMainestate2010$48,112property tax abatement
FIA Card Services National AssociationRhode Islandstate2010$43,795tax credit/rebate
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