Contact Info

Bank of America
450 B St., Suite 1500
San Diego, CA 92101-8001
Phone: (619) 515-7516
Email: richard.bregman@bankofamerica.com
Rick Bregman, San Diego market president, Bank of America

• Date opened for business: 1904 in San Francisco as Bank of Italy
  
  
• Assets as of latest quarter: $1.7 trillion
  
  
• Net income: $3.4 billion
  
  
• ROA: 0.78 percent
  
  
• Tier 1 Capital Ratio: 8 percent
  
  
• Allowance for Loan Losses/Total Loans: $17 billion or about 2 percent of loans
  
  
• Plant the flag: 80 banking centers and offices in San Diego. BofA is opening four new banking centers in San Diego in 2008.
  
  
• Number of employees: 1,400 in San Diego, 35,000 in California. Combined statewide employment including Countrywide will be about 45,000.

Key Leadership:

CEO: Ken Lewis

San Diego commercial banking executive: Kate Collier

San Diego business banking executive: Cathy Cherrstrom

San Diego small business executive: Rick Benito

San Diego consumer market executive: Patrick Davidson (North) and Angie Woodward (South)

Niche or target customer

Bank of America is a national financial institution serving consumers, small and middle-market businesses and large corporations with a range of banking, investing, asset management and other financial and risk-management products and services.