Bank of America Names Bill Williamson Maine State President

  Bank of America Names Bill Williamson Maine State President  Business Wire  PORTLAND, Maine -- May 15, 2012  Bank of America Enterprise Marketing and Market President Executive Meredith Verdone announced today that Bill Williamson has been named Maine state president. A native who has called Maine home for most of his life, Williamson has been with the company since joining a predecessor institution in 1981.  As state president, Williamson will help integrate Bank of America business lines throughout Maine, allowing the company to reach more individuals, families and businesses while deepening relationships with existing customers. He will also oversee corporate social responsibility activities including philanthropic giving, community development lending and investing, environmental initiatives, diversity efforts, arts and culture projects, and employee volunteerism.  “Having spent nearly five decades in Maine, it’s clear Bill has his finger on the pulse of the local business community,” said Verdone. “He’s also long been considered a valued partner among nonprofit and community leaders, which is a prerequisite for this role.”  In addition to his responsibilities as state president, Williamson is a senior client manager in Bank of America’s Global Commercial Bank. In that capacity, he serves a diverse group of public and private companies in Maine, New Hampshire and Vermont.  Williamson, a Colby College alumnus, resides in Falmouth with his wife and the youngest of his three daughters. He is active in the community, having served on the boards of the Greater Portland Chamber of Commerce and the Susan Curtis Foundation. He currently serves on the board of the Maine State Chamber of Commerce.  Williamson replaces Betsey Timm, who served as Bank of America state president since 2004, and state president for a predecessor institution beginning in 1998. Timm will retire in June.  Verdone added, “As one of our longest-tenured state presidents, Betsey’s leadership has had an immeasurable impact on both the company and the communities we serve.”  Last year, Bank of America employees in Maine volunteered more than 32,000 hours to local nonprofits and continue to be significant players in major philanthropic initiatives, including the United Way campaign. More than $800,000 in 2011 statewide philanthropic giving helped nonprofit community organizations develop and grow, including those that provide basic human services such as hunger relief, housing assistance and access to healthcare.  Bank of America  Bank of America is one of the world's largest financial institutions, serving individual consumers, small- and middle-market 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 approximately 57 million consumer and small business relationships with approximately 5,700 retail banking offices and approximately 17,250 ATMs and award-winning online banking with 30 million active users. Bank of America is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients through operations in more than 40 countries. Bank of America Corporation stock (NYSE: BAC) is a component of the Dow Jones Industrial Average and is listed on the New York Stock Exchange.  For more Bank of America news, visit the Bank of America newsroom.                      Contact:  Reporters May Contact: T.J. Crawford, Bank of America, 1.646.855.3301  
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