Bank of America Executives Settle Super Bowl Wager; Plant 38 Dogwood Trees in Franklin Park; Deepen Roots in Boston

New England Patriots' Tedy Bruschi to join festivities



Jun 02, 2004, 01:00 ET from Bank of America

    BOSTON, June 2 /PRNewswire/ -- In a move symbolic of their company's
 deepening roots in Boston, Bank of America Chief Executive Officer Ken Lewis
 and Chairman Chad Gifford today joined bank associates and city workers in
 planting 38 North Carolina dogwood trees during a ceremony in Franklin Park.
 The trees - payment from the executives' much-publicized wager and in honor of
 the New England Patriots' victory over the Carolina Panthers in Super Bowl
 XXXVIII - are meant to serve as an enduring gift to the city of Boston.
     In addition to the trees, Lewis anted-up traditional North Carolina
 barbecue to bank and city volunteers as part of the boardroom bet.
     "When we first made this wager, Chad and I agreed that we wanted to do
 something special to commemorate a historic game between two great teams in
 the year in which we were bringing two great companies together," said Lewis.
 "These trees are a permanent gift to the citizens of Boston, and a symbol of
 our commitment to building the economic health and natural beauty of the
 communities where our customers and associates live, work and play."
     "Trees are intergenerational symbols of the connection we have to our
 community and to the people who will follow us," Gifford said. "On behalf of
 our associates, Bank of America is proud to plant these trees in Boston, and
 hope they provide much needed green space necessary for maintaining strong,
 vibrant communities and benefiting both our generation and generations to
 follow."
     Joining Lewis and Gifford at the ceremony were New England Patriots
 linebacker Tedy Bruschi, Parks Commissioner Antonia M. Pollak and Boston Mayor
 Thomas M. Menino, who accepted the trees on behalf of the city's residents.
     "It takes strong, dedicated partners to keep our city culturally and
 economically healthy, and we are fortunate enough to have such responsible
 corporate citizens in Boston as Bank of America," Menino said. "These trees
 reflect their deep-rooted tradition of volunteerism, philanthropy and
 community support."
     Since completing its merger with FleetBoston Financial on April 1, Bank of
 America has announced a series of announcements that directly benefit the city
 and residents of Boston.  Among them:
 
      - $406 million in loan financing and $18 million in grants for the
        Massachusetts Housing Partnership to help develop more housing for low-
        and moderate-income families in Boston and throughout the Commonwealth;
      - $200 million loan financing goal over four years for community
        development in Boston, with a significant portion directed to Leading
        the Way II, the Mayor's new affordable housing strategy. In addition,
        Bank of America will provide $3 million in grants over the next four
        years to support programs that assist neighborhood development efforts
        including affordable housing;
      - $125,000 grant to sponsor City Year's 2004 CYZYGY Convention in Boston;
      - $1.5 million charitable gift to the Institute of Contemporary Art (ICA)
        in Boston to support educational programs and establish the Bank of
        America Art Lab;
      - Grants to award and recognize non-profit organizations and community
        leaders in Boston as part of the bank's overall neighborhood
        initiatives;
      - $30,000 grant to sponsor the Mayor's Rose Garden Party to benefit
        ParkARTS, a city initiative that presents a wide variety of cultural
        offerings and participatory arts in Boston's parks.
 
     "Our goal is to be a catalyst for growth in Boston, and we will provide
 the leadership that gives others the confidence and vision to join us in this
 critical work," Lewis added.  "Bank of America has led the way in communities
 across the country. And we will continue that leadership here in Boston, and
 throughout the Northeast."
     During the tree-planting ceremony, Tedy Bruschi, linebacker for the New
 England Patriots, reflected on his team's Super Bowl victory over the Carolina
 Panthers.
     "To win the way we did was just so unbelievable. The Panthers never gave
 up and played with a lot of heart. This game may be remembered as one of the
 most thrilling of the 38 Super Bowls," said Bruschi. "The Patriots are
 thrilled to have Bank of America as an official sponsor who will continue in
 Fleet's tradition of community involvement and sports excellence."
     Bank of America is the official bank of the New England Patriots and the
 Carolina Panthers.
 
     Bank of America
     Bank of America is one of the world's largest financial institutions,
 serving individual consumers, small 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 33 million consumer relationships
 with 5,700 retail banking offices, more than 16,000 ATMs and award-winning
 online banking with more than ten million active users. Bank of America is
 rated the No. 1 Small Business Administration Lender in the United States by
 the SBA. The company serves clients in 150 countries and has relationships
 with 96 percent of the U.S. Fortune 500 companies and 82 percent of the Global
 Fortune 500. Bank of America Corporation stock (ticker: BAC) is listed on the
 New York Stock Exchange. www.bankofamerica.com
 
 

SOURCE Bank of America
    BOSTON, June 2 /PRNewswire/ -- In a move symbolic of their company's
 deepening roots in Boston, Bank of America Chief Executive Officer Ken Lewis
 and Chairman Chad Gifford today joined bank associates and city workers in
 planting 38 North Carolina dogwood trees during a ceremony in Franklin Park.
 The trees - payment from the executives' much-publicized wager and in honor of
 the New England Patriots' victory over the Carolina Panthers in Super Bowl
 XXXVIII - are meant to serve as an enduring gift to the city of Boston.
     In addition to the trees, Lewis anted-up traditional North Carolina
 barbecue to bank and city volunteers as part of the boardroom bet.
     "When we first made this wager, Chad and I agreed that we wanted to do
 something special to commemorate a historic game between two great teams in
 the year in which we were bringing two great companies together," said Lewis.
 "These trees are a permanent gift to the citizens of Boston, and a symbol of
 our commitment to building the economic health and natural beauty of the
 communities where our customers and associates live, work and play."
     "Trees are intergenerational symbols of the connection we have to our
 community and to the people who will follow us," Gifford said. "On behalf of
 our associates, Bank of America is proud to plant these trees in Boston, and
 hope they provide much needed green space necessary for maintaining strong,
 vibrant communities and benefiting both our generation and generations to
 follow."
     Joining Lewis and Gifford at the ceremony were New England Patriots
 linebacker Tedy Bruschi, Parks Commissioner Antonia M. Pollak and Boston Mayor
 Thomas M. Menino, who accepted the trees on behalf of the city's residents.
     "It takes strong, dedicated partners to keep our city culturally and
 economically healthy, and we are fortunate enough to have such responsible
 corporate citizens in Boston as Bank of America," Menino said. "These trees
 reflect their deep-rooted tradition of volunteerism, philanthropy and
 community support."
     Since completing its merger with FleetBoston Financial on April 1, Bank of
 America has announced a series of announcements that directly benefit the city
 and residents of Boston.  Among them:
 
      - $406 million in loan financing and $18 million in grants for the
        Massachusetts Housing Partnership to help develop more housing for low-
        and moderate-income families in Boston and throughout the Commonwealth;
      - $200 million loan financing goal over four years for community
        development in Boston, with a significant portion directed to Leading
        the Way II, the Mayor's new affordable housing strategy. In addition,
        Bank of America will provide $3 million in grants over the next four
        years to support programs that assist neighborhood development efforts
        including affordable housing;
      - $125,000 grant to sponsor City Year's 2004 CYZYGY Convention in Boston;
      - $1.5 million charitable gift to the Institute of Contemporary Art (ICA)
        in Boston to support educational programs and establish the Bank of
        America Art Lab;
      - Grants to award and recognize non-profit organizations and community
        leaders in Boston as part of the bank's overall neighborhood
        initiatives;
      - $30,000 grant to sponsor the Mayor's Rose Garden Party to benefit
        ParkARTS, a city initiative that presents a wide variety of cultural
        offerings and participatory arts in Boston's parks.
 
     "Our goal is to be a catalyst for growth in Boston, and we will provide
 the leadership that gives others the confidence and vision to join us in this
 critical work," Lewis added.  "Bank of America has led the way in communities
 across the country. And we will continue that leadership here in Boston, and
 throughout the Northeast."
     During the tree-planting ceremony, Tedy Bruschi, linebacker for the New
 England Patriots, reflected on his team's Super Bowl victory over the Carolina
 Panthers.
     "To win the way we did was just so unbelievable. The Panthers never gave
 up and played with a lot of heart. This game may be remembered as one of the
 most thrilling of the 38 Super Bowls," said Bruschi. "The Patriots are
 thrilled to have Bank of America as an official sponsor who will continue in
 Fleet's tradition of community involvement and sports excellence."
     Bank of America is the official bank of the New England Patriots and the
 Carolina Panthers.
 
     Bank of America
     Bank of America is one of the world's largest financial institutions,
 serving individual consumers, small 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 33 million consumer relationships
 with 5,700 retail banking offices, more than 16,000 ATMs and award-winning
 online banking with more than ten million active users. Bank of America is
 rated the No. 1 Small Business Administration Lender in the United States by
 the SBA. The company serves clients in 150 countries and has relationships
 with 96 percent of the U.S. Fortune 500 companies and 82 percent of the Global
 Fortune 500. Bank of America Corporation stock (ticker: BAC) is listed on the
 New York Stock Exchange. www.bankofamerica.com
 
 SOURCE  Bank of America