Subsidy Tracker Parent Company Summary

Parent Company Name: 
Bank of America
Ownership Structure: 
publicly traded (ticker symbol BAC)
Headquartered in: 
North Carolina
Major Industry: 
financial services
Specific Industry: 
banking
Subsidy SummarySubsidy ValueNumber of Awards
State/Local$234,546,133133
Federal (grants and allocated tax credits)$454,984,84711
TOTAL$689,530,980144
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)$3,627,643,344,709712
TOTAL$3,627,643,344,709712
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.

Associated Names: 

BA LEASING BSC; BAL GLOBAL FINANCE; BANC OF AMERICA; BANK OF AMERICA; BANKBOSTON NA; COUNTRYWIDE; FIA CARD SVC; FLEET GROWTH RESOURCES II; FLEET VENTURE RESOURCES; FRAMEWORK; FSC; LASALLE STREET CAPITAL; MBNA MARKETING SYS; MERRILL LYNCH; OneFed Leasing Corporation; RESORT FUNDING; SB HOLDING

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.

For an overview of political contributions associated with this company, see its Follow the Money page.


Top 5 States for state/local awardsTotal Subsidy $Number of Awards
New York$78,051,26340
New Jersey$37,496,8002
North Carolina$31,297,9695
Illinois$27,037,6991
Texas$20,000,0001
All other$40,662,40284

Individual Subsidy Records:

Click on the company name for more information on each subsidy award.
Download results as CSV or XML (maximum 10,000; for access to larger downloads contact Phil Mattera)
Company Location Subsidy Source Year Subsidy Value Loan/Bailout Value Type of Subsidysort icon
Banc of America Commercial Mortgage Inc. Series 2004-2 United States federal 2009 $12,900,000 federal loan or loan guarantee
Banc of America Commercial Mortgage Inc. Series 2004-3 United States federal 2009 $21,200,000 federal loan or loan guarantee
Banc of America Commercial Mortgage Inc. Series 2005-5 United States federal 2009 $11,700,000 federal loan or loan guarantee
Banc of America Commercial Mortgage Inc. Series 2005-5 United States federal 2009 $12,100,000 federal loan or loan guarantee
Banc of America Commercial Mortgage Inc. Series 2005-6 United States federal 2009 $18,400,000 federal loan or loan guarantee
Banc of America Commercial Mortgage Trust 2006-1 United States federal 2009 $11,100,000 federal loan or loan guarantee
Banc of America Commercial Mortgage Trust 2006-4 United States federal 2009 $25,100,000 federal loan or loan guarantee
Banc of America Commercial Mortgage Trust 2006-6 United States federal 2009 $29,900,000 federal loan or loan guarantee
Banc of America Commercial Mortgage Trust 2007-3 United States federal 2009 $18,700,000 federal loan or loan guarantee
Banc of America Commercial Mortgage Trust 2007-3 United States federal 2009 $11,900,000 federal loan or loan guarantee
Merrill Lynch Mortgage Trust 2005-MKB2 United States federal 2009 $16,200,000 federal loan or loan guarantee
ML-CFC Commercial Mortgage Trust 2006-3 United States federal 2009 $16,900,000 federal loan or loan guarantee
ML-CFC Commercial Mortgage Trust 2006-4 United States federal 2009 $14,200,000 federal loan or loan guarantee
ML-CFC Commercial Mortgage Trust 2007-5 United States federal 2009 $15,800,000 federal loan or loan guarantee
ML-CFC Commercial Mortgage Trust 2007-6 United States federal 2009 $17,800,000 federal loan or loan guarantee
ML-CFC Commercial Mortgage Trust 2007-7 United States federal 2009 $17,000,000 federal loan or loan guarantee
ML-CFC Commercial Mortgage Trust 2007-9 United States federal 2009 $19,400,000 federal loan or loan guarantee
Banc of America Commercial Mortgage Inc. Series 2004-4 United States federal 2009 $13,200,000 federal loan or loan guarantee
Banc of America Commercial Mortgage Trust 2006-1 United States federal 2009 $20,200,000 federal loan or loan guarantee
Banc of America Commercial Mortgage Trust 2006-6 United States federal 2009 $20,400,000 federal loan or loan guarantee
Banc of America Commercial Mortgage Trust 2006-6 United States federal 2009 $15,300,000 federal loan or loan guarantee
Banc of America Commercial Mortgage Trust 2007-3 United States federal 2009 $17,900,000 federal loan or loan guarantee
Banc of America Commercial Mortgage Trust 2007-5 United States federal 2009 $11,000,000 federal loan or loan guarantee
ML-CFC Commercial Mortgage Trust 2007-5 United States federal 2009 $13,100,000 federal loan or loan guarantee
ML-CFC Commercial Mortgage Trust 2007-7 United States federal 2009 $32,400,000 federal loan or loan guarantee
Banc of America Commercial Mortgage Inc. Series 2005-6 United States federal 2010 $12,600,000 federal loan or loan guarantee
Banc of America Commercial Mortgage Trust 2006-2 United States federal 2010 $12,900,000 federal loan or loan guarantee
Banc of America Commercial Mortgage Trust 2007-3 United States federal 2010 $10,400,000 federal loan or loan guarantee
Merrill Lynch Mortgage Trust 2004-KEY2 United States federal 2010 $17,000,000 federal loan or loan guarantee
ML-CFC Commercial Mortgage Trust 2006-1 United States federal 2010 $25,200,000 federal loan or loan guarantee
ML-CFC Commercial Mortgage Trust 2006-4 United States federal 2010 $17,900,000 federal loan or loan guarantee
Banc of America Commercial Mortgage Inc. Series 2005-3 United States federal 2010 $14,700,000 federal loan or loan guarantee
Banc of America Commercial Mortgage Trust 2007-3 United States federal 2010 $23,900,000 federal loan or loan guarantee
Merrill Lynch Mortgage Trust 2004-KEY2 United States federal 2010 $12,800,000 federal loan or loan guarantee
Merrill Lynch Mortgage Trust 2007-C1 United States federal 2010 $21,300,000 federal loan or loan guarantee
ML-CFC Commercial Mortgage Trust 2006-4 United States federal 2010 $11,100,000 federal loan or loan guarantee
ML-CFC Commercial Mortgage Trust 2007-6 United States federal 2010 $10,600,000 federal loan or loan guarantee
ML-CFC Commercial Mortgage Trust 2007-6 United States federal 2010 $10,600,000 federal loan or loan guarantee
ML-CFC Commercial Mortgage Trust 2007-8 United States federal 2010 $12,200,000 federal loan or loan guarantee
Banc of America Commercial Mortgage Inc. Series 2005-1 United States federal 2010 $20,700,000 federal loan or loan guarantee
Banc of America Commercial Mortgage Trust 2006-4 United States federal 2010 $11,900,000 federal loan or loan guarantee
Merrill Lynch Mortgage Trust 2004-KEY2 United States federal 2010 $13,400,000 federal loan or loan guarantee
ML-CFC Commercial Mortgage Trust 2007-8 United States federal 2010 $29,500,000 federal loan or loan guarantee
Merrill Lynch United States federal 2008 $3,100,000,000 federal loan or loan guarantee
Bank of America United States federal 2008 $500,000,000 federal loan or loan guarantee
Bank of America, National Association United States federal 2009 $111,056,000,000 federal loan or loan guarantee
Merrill Lynch & Co., Inc United States federal 2009 $19,786,359,000 federal loan or loan guarantee
Bank Of America United States federal 2016 $20,000,000 federal loan or loan guarantee
Bank of America (formerly Countrywide Financial) Texas state 2004 $20,000,000 grant
Merrill Lynch, Pierce, Fenner & Smith Incorporated New Jersey state 1997 $6,400,000 grant
Merrill Lynch & Co., Inc. New Jersey state 2000 $31,096,800 grant
Bank of America Florida local 2013 $558,422 grant
FSC, Inc. Kansas state 2012 $52,480 grant
Bank of America Florida state 2014 $4,850,000 grant
FSC, Inc. Kansas state 2016 undisclosed grant
FSC, Inc. Kansas state 2017 undisclosed grant
Bank of America Corporation New York local 2011 $49,904 multiple
Bank of America, N.A New York local 2012 $49,904 multiple
Bank of America, N.A New York local 2013 $49,904 multiple
Bank of America, N.A New York local 2014 $49,904 multiple
Bank of America, N.A New York local 2015 $49,904 multiple
Bank of America, N.A New York local 2016 $49,904 multiple
Bank of America, N.A New York local 2017 $49,904 multiple
Bank of America, N.A New York local 2018 $49,904 multiple
Merrill Lynch & Co., Inc. New York local 2011 $12,307 multiple
BANK OF AMERICA N A Maine state 2010 $48,112 property tax abatement
MBNA MARKETING SYSTEMS INC Maine state 2010 $20,605 property tax abatement
BAL GLOBAL FINANCE LLC Maine state 2010 $10,902 property tax abatement
Countrywide Home Loans Inc #1 Texas state 2006 undisclosed property tax abatement
Countrywide Home Loans Inc #2 Texas state 2006 undisclosed property tax abatement
Countrywide Home Loans Inc #3 Texas state 2006 undisclosed property tax abatement
Countrywide Home Loans Inc #4 Texas state 2006 undisclosed property tax abatement
Countrywide Home Loans Inc #5 Texas state 2006 undisclosed property tax abatement
Countrywide Home Loans Inc #6 Texas state 2006 undisclosed property tax abatement
Countrywide Home Loans Inc #1 Texas state 2007 undisclosed property tax abatement
Countrywide Home Loans Inc #2 Texas state 2007 undisclosed property tax abatement
Countrywide Home Loans Inc #3 Texas state 2007 undisclosed property tax abatement
Countrywide Home Loans Inc #4 Texas state 2007 undisclosed property tax abatement
Countrywide Home Loans Inc #5 Texas state 2007 undisclosed property tax abatement
Countrywide Home Loans Inc #6 Texas state 2007 undisclosed property tax abatement
MBNA MARKETING SYSTEMS INC Maine state 2009 $81,129 property tax abatement
BANK OF AMERICA N A Maine state 2009 $57,425 property tax abatement
BAL GLOBAL FINANCE LLC Maine state 2009 $39,959 property tax abatement
COUNTRYWIDE HOME LOANS Maine state 2009 $1,121 property tax abatement
BANK OF AMERICA N A Maine state 2011 $42,922 property tax abatement
MBNA MARKETING SYSTEMS INC Maine state 2011 $34,682 property tax abatement
Countrywide Financial Texas local 2004 undisclosed property tax abatement
Bank of America Missouri local 2009 undisclosed property tax abatement
MBNA MARKETING SYSTEMS INC Maine state 2012 $35,819 property tax abatement
BANK OF AMERICA NA Maine state 2012 $41,752 property tax abatement
MERRILL LYNCH-PIERCE-FENNER & SMITH Maine state 2012 $3,805 property tax abatement
Banc of America Leasing and Capital LLC-lessor to Louisiana state 2012 $1,237,619 property tax abatement
222 BROADWAY, LLC New York local 2011 $819,181 property tax abatement
Bank of America Arizona state 2013 undisclosed property tax abatement
MERRILL LYNCH-PIERCE-FENNER & SMITH Maine state 2013 $6,231 property tax abatement
MBNA MARKETING SYSTEMS INC Maine state 2013 $32,472 property tax abatement
BANK OF AMERICA NA Maine state 2013 $50,894 property tax abatement
Banc of America Leasing and Capital LLC-lessor to Graphic Packaging Int'l Inc. Louisiana state 2013 $122,564 property tax abatement
BANK OF AMERICA NA Maine state 2014 $102,897 property tax abatement
MBNA MARKETING SYSTEMS INC Maine state 2014 $17,899 property tax abatement
MERRILL LYNCH-PIERCE-FENNER & SMITH Maine state 2014 $8,540 property tax abatement
Download results as CSV or XML (maximum 10,000; for access to larger downloads contact Phil Mattera)