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Bank of America Corp/DE – ‘10-K’ for 12/31/11 – ‘EX-101.LAB’

On:  Thursday, 2/23/12, at 4:13pm ET   ·   For:  12/31/11   ·   Delayed-Release:  Document/Exhibit  –  Release Delayed   ·   Accession #:  70858-12-155   ·   File #:  1-06523

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  As Of               Filer                 Filing    For·On·As Docs:Size

 2/23/12  Bank of America Corp/DE           10-K12/31/11  182:115M

Annual Report   —   Form 10-K   —   Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                       HTML   7.12M 
182: CORRESP   ¶ Comment-Response or Other Letter to the SEC         HTML     47K  
 2: EX-4.FF     Instrument Defining the Rights of Security Holders  HTML     68K 
 3: EX-4.GG     Instrument Defining the Rights of Security Holders  HTML     69K 
 4: EX-10.I     Material Contract                                   HTML    123K 
 5: EX-10.JJJ   Material Contract                                   HTML    298K 
 7: EX-21       Subsidiaries List                                   HTML    505K 
 8: EX-23.A     Consent of Experts or Counsel                       HTML     49K 
 9: EX-23.B     Consent of Experts or Counsel                       HTML     49K 
10: EX-24.A     Power of Attorney                                   HTML     65K 
11: EX-24.B     Power of Attorney                                   HTML     52K 
16: EX-99.A     Miscellaneous Exhibit                               HTML    171K 
17: EX-99.B     Miscellaneous Exhibit                               HTML    156K 
 6: EX-12       Statement re: Computation of Ratios                 HTML     83K 
12: EX-31.A     Certification -- §302 - SOA'02                      HTML     52K 
13: EX-31.B     Certification -- §302 - SOA'02                      HTML     52K 
14: EX-32.A     Certification -- §906 - SOA'02                      HTML     48K 
15: EX-32.B     Certification -- §906 - SOA'02                      HTML     48K 
126: R1          Document and Entity Information Document            HTML     74K  
92: R2          Consolidated Statement of Income                    HTML    235K 
117: R3          Consolidated Balance Sheet                          HTML    230K  
131: R4          Consolidated Balance Sheet (Parenthetical)          HTML    128K  
166: R5          Consolidated Statement of Changes in Shareholders'  HTML    165K  
                Equity                                                           
98: R6          Consolidated Statement of Cash Flows                HTML    227K 
116: R7          Consolidated Statement of Cash Flows                HTML    104K  
                (Parenthetical)                                                  
85: R8          Summary of Significant Accounting Principles        HTML    157K 
70: R9          Merger and Restructuring Activity                   HTML     86K 
168: R10         Trading Account Assets and Liabilities              HTML     72K  
133: R11         Derivatives                                         HTML    806K  
132: R12         Securities                                          HTML    691K  
143: R13         Outstanding Loans and Leases                        HTML   1.23M  
144: R14         Allowance for Credit Losses                         HTML    258K  
138: R15         Securitizations and Other Variable Interest         HTML    818K  
                Entities                                                         
146: R16         Representations and Warranties Obligations and      HTML    239K  
                Corporate Guarantees                                             
118: R17         Goodwill and Intangible Assets                      HTML    113K  
128: R18         Deposits                                            HTML     89K  
136: R19         Federal Funds Sold, Securities Borrowed or          HTML    133K  
                Purchased Under Agreements to Resell and                         
                Short-term Borrowings                                            
180: R20         Long-term Debt                                      HTML    465K  
158: R21         Commitments and Contingencies                       HTML    316K  
108: R22         Shareholders' Equity                                HTML    242K  
135: R23         Accumulated Other Comprehensive Income              HTML    130K  
112: R24         Earnings Per Common Share                           HTML    105K  
57: R25         Regulatory Requirements and Restrictions            HTML    156K 
160: R26         Employee Benefit Plans                              HTML    890K  
173: R27         Stock-based Compensation Plans                      HTML    102K  
79: R28         Income Taxes                                        HTML    273K 
78: R29         Fair Value Measurements                             HTML   1.36M 
83: R30         Fair Value Option                                   HTML    223K 
84: R31         Fair Value of Financial Instruments                 HTML     78K 
86: R32         Mortgage Servicing Rights                           HTML    127K 
38: R33         Business Segment Information                        HTML    330K 
155: R34         Parent Company Information                          HTML    193K  
104: R35         Performance by Geographic Area                      HTML    119K  
109: R36         Summary of Significant Accounting Principles        HTML    273K  
                (Policies)                                                       
63: R37         Merger and Restructuring Activity (Tables)          HTML     76K 
179: R38         Trading Account Assets and Liabilities (Tables)     HTML     78K  
24: R39         Derivatives (Tables)                                HTML    773K 
89: R40         Securities (Tables)                                 HTML    686K 
164: R41         Outstanding Loans and Leases (Tables)               HTML   1.21M  
60: R42         Allowance for Credit Losses (Tables)                HTML    254K 
77: R43         Securitizations and Other Variable Interest         HTML    760K 
                Entities (Tables)                                                
82: R44         Representations and Warranties Obligations and      HTML    142K 
                Corporate Guarantees (Tables)                                    
94: R45         Goodwill and Intangible Assets (Tables)             HTML     99K 
37: R46         Deposits (Tables)                                   HTML     86K 
69: R47         Federal Funds Sold, Securities Borrowed or          HTML    129K 
                Purchased Under Agreements to Resell and                         
                Short-term Borrowings (Tables)                                   
29: R48         Long-term Debt (Tables)                             HTML    448K 
162: R49         Commitments and Contingencies (Tables)              HTML    124K  
59: R50         Shareholders' Equity (Tables)                       HTML    192K 
157: R51         Accumulated Other Comprehensive Income (Loss)       HTML    179K  
                (Tables)                                                         
64: R52         Earnings Per Common Share (Tables)                  HTML     92K 
90: R53         Regulatory Requirements and Restrictions (Tables)   HTML    123K 
27: R54         Employee Benefit Plans (Tables)                     HTML    957K 
33: R55         Stock-based Compensation Plans (Tables)             HTML     75K 
81: R56         Income Taxes (Tables)                               HTML    268K 
45: R57         Fair Value Measurements (Tables)                    HTML   2.07M 
169: R58         Fair Value Option (Tables)                          HTML    211K  
102: R59         Fair Value of Financial Instruments (Tables)        HTML     72K  
140: R60         Mortgage Servicing Rights (Tables)                  HTML    130K  
68: R61         Business Segment Information (Tables)               HTML    372K 
73: R62         Prent Company Information (Tables)                  HTML    193K 
152: R63         Performance by Geographic Area Performance by       HTML    118K  
                Geographic Area (Tables)                                         
147: R64         Summary of Significant Accounting Principles        HTML    105K  
                (Details)                                                        
107: R65         Merger and Restructuring Activity (Details)         HTML     74K  
150: R66         Trading Account Assets and Liabilities (Details)    HTML     63K  
65: R67         Derivatives - Derivative Balances (Details)         HTML    177K 
113: R68         Derivatives - Derivatives Designated as Accounting  HTML     66K  
                Hedges - Fair Value Hedges (Details)                             
172: R69         Derivatives - Derivatives Designated as Accounting  HTML     87K  
                Hedges - Cash Flow Hedges (Details)                              
31: R70         Derivatives - Economic Hedges (Details)             HTML     64K 
56: R71         Derivatives - Sales and Trading Revenue (Details)   HTML     89K 
91: R72         Derivatives - Credit Derivatives (Details)          HTML    137K 
43: R73         Derivatives - Credit-related Contingent Features    HTML     69K 
                and Collateral (Details)                                         
178: R74         Derivatives - Derivative Valuation Adjustments      HTML     58K  
                (Details)                                                        
61: R75         Securities - Amortized Cost, Gains and Losses, and  HTML    151K 
                Fair Value (Details)                                             
48: R76         Securities Securities - OTTI and Loss (Details)     HTML    107K 
55: R77         Securities Securities - Gross Unrealized Losses     HTML    134K 
                (Details)                                                        
34: R78         Securities Securities - U.S. GSE, Agency, and       HTML     62K 
                Treasury Securities (Details)                                    
39: R79         Securities Securities - Expected Maturity           HTML    231K 
                (Details)                                                        
129: R80         Securities Securities - Realized Gains and Losses   HTML     57K  
                (Details)                                                        
53: R81         Securities Securities - Certain Corporate and       HTML     78K 
                Strategic Investments (Details)                                  
170: R82         Outstanding Loans and Leases (Details)              HTML    228K  
87: R83         Outstanding Loans and Leases - Nonperforming        HTML     88K 
                (Details)                                                        
137: R84         Outstanding Loans and Leases - Credit Quality       HTML    235K  
                Indicators (Details)                                             
149: R85         Outstanding Loans and Leases - Home Loans Impaired  HTML    115K  
                Loans (Details)                                                  
50: R86         Outstanding Loans and Leases - Home Loan TDRs       HTML    120K 
                (Details)                                                        
54: R87         Outstanding Loans and Leases - Credit Card and      HTML    126K 
                Other TDRs (Details)                                             
167: R88         Outstanding Loans and Leases - Impaired Loans       HTML    123K  
                Commercial Loans (Details)                                       
44: R89         Outstanding Loans and Leases - Commercial Loans     HTML     60K 
                TDRs (Details)                                                   
130: R90         Outstanding Loans and Leases - Purchased            HTML     60K  
                Credit-Impaired Loans (Details)                                  
121: R91         Outstanding Loans and Leases - Loans Held-for-Sale  HTML     52K  
                (Details)                                                        
153: R92         Allowance for Credit Losses (Details)               HTML    135K  
120: R93         Allowance and Carrying Value of Outstanding Loans   HTML    110K  
                and Leases by Portfolio Segment (Details)                        
99: R94         Securitizations and Other Variable Interest         HTML     85K 
                Entities - First Lien Mortgages (Details)                        
161: R95         Securitizations and Other Variable Interest         HTML    201K  
                Entities - First Lien Mortgages VIE (Details)                    
95: R96         Securitizations and Other Variable Interest         HTML    127K 
                Entities - Home Equity Loans (Details)                           
62: R97         Securitizations and Other Variable Interest         HTML    108K 
                Entities - Credit Card (Details)                                 
110: R98         Securitizations and Other Variable Interest         HTML    192K  
                Entities - Other Asset Backed (Details)                          
103: R99         Securitizations and Other Variable Interest         HTML    128K  
                Entities - CDO Vehicle (Details)                                 
80: R100        Securitizations and Other Variable Interest         HTML    126K 
                Entities - Customer Vehicles (Details)                           
181: R101        Securitizations and Other Variable Interest         HTML    151K  
                Entities - Other (Details)                                       
151: R102        Representations and Warranties Obligations and      HTML    202K  
                Corporate Guarantees (Details)                                   
119: R103        Representations and Warranties Obligations and      HTML     65K  
                Corporate Guarantees - Outstanding Claims                        
                (Details)                                                        
36: R104        Representations and Warranties Obligations and      HTML     60K 
                Corporate Guarantees - Loan Repurchases (Details)                
163: R105        Representations and Warranties Obligations and      HTML     56K  
                Corporate Guarantees - Liabilities (Details)                     
171: R106        Goodwill Balances by Business Segment (Details)     HTML     70K  
165: R107        Goodwill and Intangible Assets Intangible Assets    HTML     89K  
                (Details)                                                        
114: R108        Deposits (Details)                                  HTML     88K  
46: R109        Federal Funds Sold, Securities Borrowed or          HTML     76K 
                Purchased Under Agreements to Resell and                         
                Short-term Borrowings (Details)                                  
142: R110        Long-term Debt - Balances (Details)                 HTML     87K  
66: R111        Long-term Debt - Interest Rates (Details)           HTML     77K 
26: R112        Long-Term Debt - Aggregate Annual Maturities        HTML     85K 
                (Details)                                                        
97: R113        Long-term Debt - Narrative (Details)                HTML    115K 
88: R114        Long-term Debt - Negotiated Exchanges (Details)     HTML     68K 
159: R115        Long-term Debt - Trust and Hybrid Securities        HTML    234K  
                (Details)                                                        
72: R116        Commitments and Contingencies (Details)             HTML    342K 
175: R117        Shareholders' Equity - Textuals (Details)           HTML    282K  
40: R118        Shareholders' Equity - Preferred Stock and Trust    HTML     58K 
                Preferred Securites (Details)                                    
125: R119        Shareholders' Equity (Details)                      HTML    119K  
148: R120        Accumulated Other Income (Loss) (Details)           HTML    151K  
30: R121        Earnings Per Common Share (Details)                 HTML    127K 
122: R122        Regulatory Requirements and Restrictions (Details)  HTML    110K  
111: R123        Regulatory Requirements and Restrictions -          HTML    105K  
                Regulatory Capital (Details)                                     
32: R124        Employee Benefit Plans - Narrative (Details)        HTML    106K 
127: R125        Employee Benefit Plans (Details)                    HTML    163K  
177: R126        Employee Benefit Plans - Amounts Recognized on the  HTML     60K  
                Balance Sheet (Details)                                          
41: R127        Employee Benefit Plans - ABO and PBO in Excess of   HTML     68K 
                Plan Assets (Details)                                            
74: R128        Employee Benefit Plans - Components of Periodic     HTML    109K 
                Benefit Cost (Income) (Details)                                  
154: R129        Employee Benefit Plans - Pre-Tax Amounts Included   HTML     73K  
                in Accumulated OCI (Details)                                     
176: R130        Employee Benefit Plans - Other Changes Recognized   HTML     96K  
                in OCI (Details)                                                 
106: R131        Employee Benefit Plans - Amount Amortized from      HTML     67K  
                Accumulated OCI (Details)                                        
123: R132        Employee Benefit Plans - Target Allocation          HTML     73K  
                (Details)                                                        
42: R133        Employee Benefit Plans - Fair Value of Plan Assets  HTML    145K 
                (Details)                                                        
47: R134        Employee Benefit Plans - Fair Value Measurements    HTML    101K 
                (Details)                                                        
96: R135        Employee Benefit Plans - Projected Benefit          HTML     74K 
                Payments (Details)                                               
76: R136        Stock-based Compensation Plans (Details)            HTML    204K 
145: R137        Income Taxes (Details)                              HTML    347K  
100: R138        Fair Value Measurements - Recurring Fair Value      HTML    211K  
                (Details)                                                        
71: R139        Fair Value Measurements - Reconciliation (Details)  HTML    277K 
101: R140        Fair Value Measurements - Gains and Losses          HTML    212K  
                (Details)                                                        
58: R141        Fair Value Measurements - Nonrecurring Fair Value   HTML     69K 
                (Details)                                                        
25: R142        Fair Value Measurements - Narrative (Details)       HTML     77K 
156: R143        Fair Value Option Election (Details)                HTML     73K  
134: R144        Fair Value Option - Changes in FV of Assets and     HTML    104K  
                Liabilities (Details)                                            
51: R145        Fair Value of Financial Instruments (Details)       HTML     66K 
124: R146        Mortgage Servicing Rights (Details)                 HTML     83K  
105: R147        Mortgage Servicing Rights - Fair Value of MSRs      HTML     53K  
                (Details)                                                        
49: R148        Mortgage Servicing Rights - Sensitivity Analysis    HTML     70K 
                (Details)                                                        
52: R149        Business Segment Information (Details)              HTML    149K 
139: R150        Business Segment Information - Reconciliation of    HTML     73K  
                Revenue and Net Income (Details)                                 
67: R151        Business Segment Information - Consolidated Assets  HTML     56K 
                (Details)                                                        
28: R152        Parent Company Income Statement (Details)           HTML    105K 
115: R153        Parent Company Balance Sheet (Details)              HTML     91K  
141: R154        Parent Company Statement of Cash Flows (Details)    HTML    132K  
35: R155        Performance by Geographic Area (Details)            HTML    108K 
174: XML         IDEA XML File -- Filing Summary                      XML    294K  
75: EXCEL       IDEA Workbook of Financial Reports (.xls)            XLS  21.92M 
18: EX-101.INS  XBRL Instance -- bac-20111231                        XML  31.60M 
20: EX-101.CAL  XBRL Calculations -- bac-20111231_cal                XML    631K 
23: EX-101.DEF  XBRL Definitions -- bac-20111231_def                 XML   4.13M 
21: EX-101.LAB  XBRL Labels -- bac-20111231_lab                      XML   6.79M 
22: EX-101.PRE  XBRL Presentations -- bac-20111231_pre               XML   4.26M 
19: EX-101.SCH  XBRL Schema -- bac-20111231                          XSD    900K 
93: ZIP         XBRL Zipped Folder -- 0000070858-12-000155-xbrl      Zip   1.71M 


‘EX-101.LAB’   —   XBRL Labels — bac-20111231_lab


This Exhibit is an XBRL XML File.


                                                                                                                                                                                
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<link:label id="lab_bac_MortgageServicingRightsAbstract_54E43ED6EA002FA8EE335961412EA1AA_label_en-US" xlink:label="lab_bac_MortgageServicingRightsAbstract_54E43ED6EA002FA8EE335961412EA1AA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Mortgage Servicing Rights [Abstract] </link:label>
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<link:label id="lab_us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesTable_FBAEC8AB67994A7251E35961486724FB_terseLabel_en-US" xlink:label="lab_us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesTable_FBAEC8AB67994A7251E35961486724FB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Sensitivity Analysis of Fair Value, Transferor's Interests in Transferred Financial Assets [Table] </link:label>
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<link:label id="lab_us-gaap_ServicingAssetsAtFairValueByTypeOfFinancialInstrumentAxis_92192BFA9974C201028B5D1B5C8C061A_label_en-US" xlink:label="lab_us-gaap_ServicingAssetsAtFairValueByTypeOfFinancialInstrumentAxis_92192BFA9974C201028B5D1B5C8C061A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Servicing Assets at Fair Value by Types of Financial instrument [Axis] </link:label>
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<link:label id="lab_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_FF5927B0C49578C6F7B25D1B5D3FAEAA_label_en-US" xlink:label="lab_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_FF5927B0C49578C6F7B25D1B5D3FAEAA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Types of Financial Instruments [Domain] </link:label>
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<link:label id="lab_us-gaap_FixedRateResidentialMortgageMember_D881AB22EBBD3683468F5D1B5C9F42D7_terseLabel_en-US" xlink:label="lab_us-gaap_FixedRateResidentialMortgageMember_D881AB22EBBD3683468F5D1B5C9F42D7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fixed [Member] </link:label>
<link:label id="lab_us-gaap_FixedRateResidentialMortgageMember_D881AB22EBBD3683468F5D1B5C9F42D7_label_en-US" xlink:label="lab_us-gaap_FixedRateResidentialMortgageMember_D881AB22EBBD3683468F5D1B5C9F42D7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fixed Rate Residential Mortgage [Member] </link:label>
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<link:label id="lab_bac_DecreaseMember_7F4793B7A3B8A55CDC285961FAC42BC7_label_en-US" xlink:label="lab_bac_DecreaseMember_7F4793B7A3B8A55CDC285961FAC42BC7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Decrease [Member] </link:label>
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<link:label id="lab_bac_SensitivityAnalysisOfChangeInWeightedAverageLivesImpactOf20PercentAdverseChangeInPrepaymentRates_82D49A3D90D9AE2DEB6A9891AAEDA5C5_documentation_en-US" xlink:label="lab_bac_SensitivityAnalysisOfChangeInWeightedAverageLivesImpactOf20PercentAdverseChangeInPrepaymentRates_82D49A3D90D9AE2DEB6A9891AAEDA5C5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the hypothetical impact of a 20 percent change on the fair value and weighted average lives of interests that continue to be held by the transferor, servicing assets, or servicing liabilities as of the balance sheet date. </link:label>
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<link:label id="lab_bac_EconomicHedgesTableTextBlock_EC43EA056D280E577570A0B867511E1E_terseLabel_en-US" xlink:label="lab_bac_EconomicHedgesTableTextBlock_EC43EA056D280E577570A0B867511E1E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Economic Hedges [Table Text Block] </link:label>
<link:label id="lab_bac_EconomicHedgesTableTextBlock_EC43EA056D280E577570A0B867511E1E_label_en-US" xlink:label="lab_bac_EconomicHedgesTableTextBlock_EC43EA056D280E577570A0B867511E1E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Economic Hedges [Table Text Block] </link:label>
<link:label id="lab_bac_EconomicHedgesTableTextBlock_EC43EA056D280E577570A0B867511E1E_documentation_en-US" xlink:label="lab_bac_EconomicHedgesTableTextBlock_EC43EA056D280E577570A0B867511E1E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Economic Hedges. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_EconomicHedgesTableTextBlock" xlink:label="loc_bac_EconomicHedgesTableTextBlock_EC43EA056D280E577570A0B867511E1E" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ScheduleOfDerivativeInstrumentsIncludedInTradingActivitiesTextBlock_58AA7B1FF786C15CC40FA0B92F1FD0FA_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfDerivativeInstrumentsIncludedInTradingActivitiesTextBlock_58AA7B1FF786C15CC40FA0B92F1FD0FA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Derivative Instruments Included in Trading Activities [Table Text Block] </link:label>
<link:label id="lab_us-gaap_ScheduleOfDerivativeInstrumentsIncludedInTradingActivitiesTextBlock_58AA7B1FF786C15CC40FA0B92F1FD0FA_label_en-US" xlink:label="lab_us-gaap_ScheduleOfDerivativeInstrumentsIncludedInTradingActivitiesTextBlock_58AA7B1FF786C15CC40FA0B92F1FD0FA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Derivative Instruments Included in Trading Activities [Table Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ScheduleOfDerivativeInstrumentsIncludedInTradingActivitiesTextBlock" xlink:label="loc_us-gaap_ScheduleOfDerivativeInstrumentsIncludedInTradingActivitiesTextBlock_58AA7B1FF786C15CC40FA0B92F1FD0FA" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DisclosureOfCreditDerivativesTextBlock_156624861B72E996F5B9A0BA166EEECA_terseLabel_en-US" xlink:label="lab_us-gaap_DisclosureOfCreditDerivativesTextBlock_156624861B72E996F5B9A0BA166EEECA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Disclosure of Credit Derivatives [Table Text Block] </link:label>
<link:label id="lab_us-gaap_DisclosureOfCreditDerivativesTextBlock_156624861B72E996F5B9A0BA166EEECA_label_en-US" xlink:label="lab_us-gaap_DisclosureOfCreditDerivativesTextBlock_156624861B72E996F5B9A0BA166EEECA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Disclosure of Credit Derivatives [Table Text Block] </link:label>
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<link:label id="lab_us-gaap_FairValueDisclosuresAbstract_3DBB4EB3BC54B8899EB48D44CA8AD202_label_en-US" xlink:label="lab_us-gaap_FairValueDisclosuresAbstract_3DBB4EB3BC54B8899EB48D44CA8AD202" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value Disclosures [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FairValueDisclosuresAbstract" xlink:label="loc_us-gaap_FairValueDisclosuresAbstract_3DBB4EB3BC54B8899EB48D44CA8AD202" xlink:type="locator"/>
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<link:label id="lab_bac_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInEarningsTable_7776A09E454319A6DA0F8D44CA8A7D0C_terseLabel_en-US" xlink:label="lab_bac_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInEarningsTable_7776A09E454319A6DA0F8D44CA8A7D0C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, Assets Measured on Recurring Basis, Gain (Loss) Included in Earnings [Table] </link:label>
<link:label id="lab_bac_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInEarningsTable_7776A09E454319A6DA0F8D44CA8A7D0C_label_en-US" xlink:label="lab_bac_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInEarningsTable_7776A09E454319A6DA0F8D44CA8A7D0C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Assets Measured on Recurring Basis, Gain (Loss) Included in Earnings [Table] </link:label>
<link:label id="lab_bac_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInEarningsTable_7776A09E454319A6DA0F8D44CA8A7D0C_documentation_en-US" xlink:label="lab_bac_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInEarningsTable_7776A09E454319A6DA0F8D44CA8A7D0C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Fair Value, Assets Measured on Recurring Basis, Gain (Loss) Included in Earnings Table </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInEarningsTable" xlink:label="loc_bac_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInEarningsTable_7776A09E454319A6DA0F8D44CA8A7D0C" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FairValueByLiabilityClassAxis_9EC571FC613F6FA9C1938D44CA8A608C_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueByLiabilityClassAxis_9EC571FC613F6FA9C1938D44CA8A608C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value by Liability Class [Axis] </link:label>
<link:label id="lab_us-gaap_FairValueByLiabilityClassAxis_9EC571FC613F6FA9C1938D44CA8A608C_label_en-US" xlink:label="lab_us-gaap_FairValueByLiabilityClassAxis_9EC571FC613F6FA9C1938D44CA8A608C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value by Liability Class [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FairValueByLiabilityClassAxis" xlink:label="loc_us-gaap_FairValueByLiabilityClassAxis_9EC571FC613F6FA9C1938D44CA8A608C" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain_7AE07FB09D545E3894EE8D44CA8ADE9A_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain_7AE07FB09D545E3894EE8D44CA8ADE9A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, Liabilities, Measured on Recurring Basis, Unobservable Input Reconciliation, by Liability Class [Domain] </link:label>
<link:label id="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain_7AE07FB09D545E3894EE8D44CA8ADE9A_label_en-US" xlink:label="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain_7AE07FB09D545E3894EE8D44CA8ADE9A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Liabilities, Measured on Recurring Basis, Unobservable Input Reconciliation, by Liability Class [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain" xlink:label="loc_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain_7AE07FB09D545E3894EE8D44CA8ADE9A" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ForeignGovernmentDebtSecuritiesMember_33324EB1BF0C46F6FA018D44CA8BC38E_verboseLabel_en-US" xlink:label="lab_us-gaap_ForeignGovernmentDebtSecuritiesMember_33324EB1BF0C46F6FA018D44CA8BC38E" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Non-U.S. sovereign debt [Member] </link:label>
<link:label id="lab_us-gaap_ForeignGovernmentDebtSecuritiesMember_33324EB1BF0C46F6FA018D44CA8BC38E_label_en-US" xlink:label="lab_us-gaap_ForeignGovernmentDebtSecuritiesMember_33324EB1BF0C46F6FA018D44CA8BC38E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Foreign Government Debt Securities [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ForeignGovernmentDebtSecuritiesMember" xlink:label="loc_us-gaap_ForeignGovernmentDebtSecuritiesMember_33324EB1BF0C46F6FA018D44CA8BC38E" xlink:type="locator"/>
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<link:label id="lab_bac_CorporateSecuritiesAndOtherMember_A08F6805E5CE873971268D44CA8BC9CB_terseLabel_en-US" xlink:label="lab_bac_CorporateSecuritiesAndOtherMember_A08F6805E5CE873971268D44CA8BC9CB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Corporate securities and other [Member] </link:label>
<link:label id="lab_bac_CorporateSecuritiesAndOtherMember_A08F6805E5CE873971268D44CA8BC9CB_label_en-US" xlink:label="lab_bac_CorporateSecuritiesAndOtherMember_A08F6805E5CE873971268D44CA8BC9CB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Corporate securities and other [Member] </link:label>
<link:label id="lab_bac_CorporateSecuritiesAndOtherMember_A08F6805E5CE873971268D44CA8BC9CB_documentation_en-US" xlink:label="lab_bac_CorporateSecuritiesAndOtherMember_A08F6805E5CE873971268D44CA8BC9CB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Corporate securities and other. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CorporateSecuritiesAndOtherMember" xlink:label="loc_bac_CorporateSecuritiesAndOtherMember_A08F6805E5CE873971268D44CA8BC9CB" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CorporateSecuritiesAndOtherMember_A08F6805E5CE873971268D44CA8BC9CB" xlink:to="lab_bac_CorporateSecuritiesAndOtherMember_A08F6805E5CE873971268D44CA8BC9CB" xlink:type="arc"/>
<link:label id="lab_us-gaap_TradingLiabilitiesMember_DBC93067B418F35A97678D44CA8BF7F7_terseLabel_en-US" xlink:label="lab_us-gaap_TradingLiabilitiesMember_DBC93067B418F35A97678D44CA8BF7F7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Trading Liabilities [Member] </link:label>
<link:label id="lab_us-gaap_TradingLiabilitiesMember_DBC93067B418F35A97678D44CA8BF7F7_label_en-US" xlink:label="lab_us-gaap_TradingLiabilitiesMember_DBC93067B418F35A97678D44CA8BF7F7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Trading Liabilities [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_TradingLiabilitiesMember" xlink:label="loc_us-gaap_TradingLiabilitiesMember_DBC93067B418F35A97678D44CA8BF7F7" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ShortTermDebtMember_FADB38827B7AE8FD69FB8D44CA8BE296_terseLabel_en-US" xlink:label="lab_us-gaap_ShortTermDebtMember_FADB38827B7AE8FD69FB8D44CA8BE296" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Short-term Debt [Member] </link:label>
<link:label id="lab_us-gaap_ShortTermDebtMember_FADB38827B7AE8FD69FB8D44CA8BE296_label_en-US" xlink:label="lab_us-gaap_ShortTermDebtMember_FADB38827B7AE8FD69FB8D44CA8BE296" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Short-term Debt [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ShortTermDebtMember" xlink:label="loc_us-gaap_ShortTermDebtMember_FADB38827B7AE8FD69FB8D44CA8BE296" xlink:type="locator"/>
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<link:label id="lab_bac_AccruedExpensesAndOtherLiabilitiesMember_8B6DA4860B6B54EB924A8D44CA8BFAD3_terseLabel_en-US" xlink:label="lab_bac_AccruedExpensesAndOtherLiabilitiesMember_8B6DA4860B6B54EB924A8D44CA8BFAD3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Accrued expenses and other liabilities [Member] </link:label>
<link:label id="lab_bac_AccruedExpensesAndOtherLiabilitiesMember_8B6DA4860B6B54EB924A8D44CA8BFAD3_label_en-US" xlink:label="lab_bac_AccruedExpensesAndOtherLiabilitiesMember_8B6DA4860B6B54EB924A8D44CA8BFAD3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Accrued expenses and other liabilities [Member] </link:label>
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<link:loc xlink:href="bac-20111231.xsd#bac_AccruedExpensesAndOtherLiabilitiesMember" xlink:label="loc_bac_AccruedExpensesAndOtherLiabilitiesMember_8B6DA4860B6B54EB924A8D44CA8BFAD3" xlink:type="locator"/>
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<link:label id="lab_us-gaap_LongTermDebtMember_D3DF08148E9E0112BB618D44CA8BA068_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtMember_D3DF08148E9E0112BB618D44CA8BA068" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Long-term Debt [Member] </link:label>
<link:label id="lab_us-gaap_LongTermDebtMember_D3DF08148E9E0112BB618D44CA8BA068_label_en-US" xlink:label="lab_us-gaap_LongTermDebtMember_D3DF08148E9E0112BB618D44CA8BA068" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Long-term Debt [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LongTermDebtMember" xlink:label="loc_us-gaap_LongTermDebtMember_D3DF08148E9E0112BB618D44CA8BA068" xlink:type="locator"/>
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<link:label id="lab_bac_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInEarningsAxis_0D4AC3776C953591AB298D44CA8BF42B_terseLabel_en-US" xlink:label="lab_bac_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInEarningsAxis_0D4AC3776C953591AB298D44CA8BF42B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, Assets Measured on Recurring Basis, Gain (Loss) Included in Earnings [Axis] </link:label>
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<link:label id="lab_bac_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInEarningsAxis_0D4AC3776C953591AB298D44CA8BF42B_documentation_en-US" xlink:label="lab_bac_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInEarningsAxis_0D4AC3776C953591AB298D44CA8BF42B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Fair value, assets measured on recurring basis, gain (loss) included in earnings. </link:label>
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<link:label id="lab_bac_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInEarningsDomain_53630EA49F7DD8E0C0598D44CA8B32F4_documentation_en-US" xlink:label="lab_bac_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInEarningsDomain_53630EA49F7DD8E0C0598D44CA8B32F4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Fair value, assets measured on recurring basis, gain (loss) included in earnings. </link:label>
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<link:label id="lab_bac_CorporateSecuritiesTradingLoansAndOtherMember_A9FD8795E6AFBA0260CB8D44CA8CC777_terseLabel_en-US" xlink:label="lab_bac_CorporateSecuritiesTradingLoansAndOtherMember_A9FD8795E6AFBA0260CB8D44CA8CC777" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Corporate securities, trading loans and other [Member] </link:label>
<link:label id="lab_bac_CorporateSecuritiesTradingLoansAndOtherMember_A9FD8795E6AFBA0260CB8D44CA8CC777_label_en-US" xlink:label="lab_bac_CorporateSecuritiesTradingLoansAndOtherMember_A9FD8795E6AFBA0260CB8D44CA8CC777" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Corporate securities, trading loans and other [Member] </link:label>
<link:label id="lab_bac_CorporateSecuritiesTradingLoansAndOtherMember_A9FD8795E6AFBA0260CB8D44CA8CC777_documentation_en-US" xlink:label="lab_bac_CorporateSecuritiesTradingLoansAndOtherMember_A9FD8795E6AFBA0260CB8D44CA8CC777" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Corporate securities, trading loans and other Member. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CorporateSecuritiesTradingLoansAndOtherMember" xlink:label="loc_bac_CorporateSecuritiesTradingLoansAndOtherMember_A9FD8795E6AFBA0260CB8D44CA8CC777" xlink:type="locator"/>
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<link:label id="lab_us-gaap_EquitySecuritiesMember_062AD92A019666E970EF8D44CA8CA817_verboseLabel_en-US" xlink:label="lab_us-gaap_EquitySecuritiesMember_062AD92A019666E970EF8D44CA8CA817" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Equity Securities [Member] </link:label>
<link:label id="lab_us-gaap_EquitySecuritiesMember_062AD92A019666E970EF8D44CA8CA817_label_en-US" xlink:label="lab_us-gaap_EquitySecuritiesMember_062AD92A019666E970EF8D44CA8CA817" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Equity Securities [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_EquitySecuritiesMember" xlink:label="loc_us-gaap_EquitySecuritiesMember_062AD92A019666E970EF8D44CA8CA817" xlink:type="locator"/>
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<link:label id="lab_bac_MortgageTradingLoansAndAssetBackedSecuritiesMember_D88772DB6BC138378D578D44CA8CFE7B_verboseLabel_en-US" xlink:label="lab_bac_MortgageTradingLoansAndAssetBackedSecuritiesMember_D88772DB6BC138378D578D44CA8CFE7B" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Mortgage trading loans and ABS [Member] </link:label>
<link:label id="lab_bac_MortgageTradingLoansAndAssetBackedSecuritiesMember_D88772DB6BC138378D578D44CA8CFE7B_label_en-US" xlink:label="lab_bac_MortgageTradingLoansAndAssetBackedSecuritiesMember_D88772DB6BC138378D578D44CA8CFE7B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Mortgage trading loans and asset-backed securities [Member] </link:label>
<link:label id="lab_bac_MortgageTradingLoansAndAssetBackedSecuritiesMember_D88772DB6BC138378D578D44CA8CFE7B_documentation_en-US" xlink:label="lab_bac_MortgageTradingLoansAndAssetBackedSecuritiesMember_D88772DB6BC138378D578D44CA8CFE7B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Mortgage trading loans and asset backed securities Member. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_MortgageTradingLoansAndAssetBackedSecuritiesMember" xlink:label="loc_bac_MortgageTradingLoansAndAssetBackedSecuritiesMember_D88772DB6BC138378D578D44CA8CFE7B" xlink:type="locator"/>
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<link:label id="lab_us-gaap_TradingAccountAssetsMember_15B05478A5F66FD7B2CB8D44CA8C1EA8_verboseLabel_en-US" xlink:label="lab_us-gaap_TradingAccountAssetsMember_15B05478A5F66FD7B2CB8D44CA8C1EA8" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Trading Account Assets [Member] </link:label>
<link:label id="lab_us-gaap_TradingAccountAssetsMember_15B05478A5F66FD7B2CB8D44CA8C1EA8_label_en-US" xlink:label="lab_us-gaap_TradingAccountAssetsMember_15B05478A5F66FD7B2CB8D44CA8C1EA8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Trading Account Assets [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_TradingAccountAssetsMember" xlink:label="loc_us-gaap_TradingAccountAssetsMember_15B05478A5F66FD7B2CB8D44CA8C1EA8" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DerivativeFinancialInstrumentsAssetsMember_88F032C694777EEEB5488D44CA8C7E30_verboseLabel_en-US" xlink:label="lab_us-gaap_DerivativeFinancialInstrumentsAssetsMember_88F032C694777EEEB5488D44CA8C7E30" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Derivative assets [Member] </link:label>
<link:label id="lab_us-gaap_DerivativeFinancialInstrumentsAssetsMember_88F032C694777EEEB5488D44CA8C7E30_label_en-US" xlink:label="lab_us-gaap_DerivativeFinancialInstrumentsAssetsMember_88F032C694777EEEB5488D44CA8C7E30" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Financial Instruments, Assets [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DerivativeFinancialInstrumentsAssetsMember" xlink:label="loc_us-gaap_DerivativeFinancialInstrumentsAssetsMember_88F032C694777EEEB5488D44CA8C7E30" xlink:type="locator"/>
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<link:label id="lab_bac_NonAgencyResidentialMember_F4DCAFCA037EF795F4A78D44CA8CBD26_verboseLabel_en-US" xlink:label="lab_bac_NonAgencyResidentialMember_F4DCAFCA037EF795F4A78D44CA8CBD26" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Non-Agency Residential MBS [Member] </link:label>
<link:label id="lab_bac_NonAgencyResidentialMember_F4DCAFCA037EF795F4A78D44CA8CBD26_label_en-US" xlink:label="lab_bac_NonAgencyResidentialMember_F4DCAFCA037EF795F4A78D44CA8CBD26" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Non Agency Residential [Member] </link:label>
<link:label id="lab_bac_NonAgencyResidentialMember_F4DCAFCA037EF795F4A78D44CA8CBD26_documentation_en-US" xlink:label="lab_bac_NonAgencyResidentialMember_F4DCAFCA037EF795F4A78D44CA8CBD26" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Non Agency Residential. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_NonAgencyResidentialMember" xlink:label="loc_bac_NonAgencyResidentialMember_F4DCAFCA037EF795F4A78D44CA8CBD26" xlink:type="locator"/>
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<link:label id="lab_bac_NonAgencyCommercialMBSMember_5194F4002C332DED1E5E8D44CA8C3C9E_verboseLabel_en-US" xlink:label="lab_bac_NonAgencyCommercialMBSMember_5194F4002C332DED1E5E8D44CA8C3C9E" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Non-Agency Commercial MBS [Member] </link:label>
<link:label id="lab_bac_NonAgencyCommercialMBSMember_5194F4002C332DED1E5E8D44CA8C3C9E_label_en-US" xlink:label="lab_bac_NonAgencyCommercialMBSMember_5194F4002C332DED1E5E8D44CA8C3C9E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Non Agency Commercial M B S [Member] </link:label>
<link:label id="lab_bac_NonAgencyCommercialMBSMember_5194F4002C332DED1E5E8D44CA8C3C9E_documentation_en-US" xlink:label="lab_bac_NonAgencyCommercialMBSMember_5194F4002C332DED1E5E8D44CA8C3C9E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Non Agency Commercial MBS Member. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_NonAgencyCommercialMBSMember" xlink:label="loc_bac_NonAgencyCommercialMBSMember_5194F4002C332DED1E5E8D44CA8C3C9E" xlink:type="locator"/>
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<link:label id="lab_bac_ForeignSecuritiesMember_F8890C58F339A45123BC8D44CA8C6E25_verboseLabel_en-US" xlink:label="lab_bac_ForeignSecuritiesMember_F8890C58F339A45123BC8D44CA8C6E25" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Non-U.S. Securities [Member] </link:label>
<link:label id="lab_bac_ForeignSecuritiesMember_F8890C58F339A45123BC8D44CA8C6E25_label_en-US" xlink:label="lab_bac_ForeignSecuritiesMember_F8890C58F339A45123BC8D44CA8C6E25" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Foreign Securities [Member] </link:label>
<link:label id="lab_bac_ForeignSecuritiesMember_F8890C58F339A45123BC8D44CA8C6E25_documentation_en-US" xlink:label="lab_bac_ForeignSecuritiesMember_F8890C58F339A45123BC8D44CA8C6E25" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Foreign Securities. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ForeignSecuritiesMember" xlink:label="loc_bac_ForeignSecuritiesMember_F8890C58F339A45123BC8D44CA8C6E25" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CorporateBondSecuritiesMember_B7819470CBFE4864EC3A8D44CA8CE519_verboseLabel_en-US" xlink:label="lab_us-gaap_CorporateBondSecuritiesMember_B7819470CBFE4864EC3A8D44CA8CE519" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Corporate/Agency bonds [Member] </link:label>
<link:label id="lab_us-gaap_CorporateBondSecuritiesMember_B7819470CBFE4864EC3A8D44CA8CE519_label_en-US" xlink:label="lab_us-gaap_CorporateBondSecuritiesMember_B7819470CBFE4864EC3A8D44CA8CE519" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Corporate Bond Securities [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CorporateBondSecuritiesMember" xlink:label="loc_us-gaap_CorporateBondSecuritiesMember_B7819470CBFE4864EC3A8D44CA8CE519" xlink:type="locator"/>
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<link:label id="lab_bac_OtherTaxableSecuritiesMember_9AB9FD891114CDC7B8948D44CA8C61FF_verboseLabel_en-US" xlink:label="lab_bac_OtherTaxableSecuritiesMember_9AB9FD891114CDC7B8948D44CA8C61FF" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Other taxable securities [Member] </link:label>
<link:label id="lab_bac_OtherTaxableSecuritiesMember_9AB9FD891114CDC7B8948D44CA8C61FF_label_en-US" xlink:label="lab_bac_OtherTaxableSecuritiesMember_9AB9FD891114CDC7B8948D44CA8C61FF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other taxable securities [Member] </link:label>
<link:label id="lab_bac_OtherTaxableSecuritiesMember_9AB9FD891114CDC7B8948D44CA8C61FF_documentation_en-US" xlink:label="lab_bac_OtherTaxableSecuritiesMember_9AB9FD891114CDC7B8948D44CA8C61FF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Other Taxable Securities. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_OtherTaxableSecuritiesMember" xlink:label="loc_bac_OtherTaxableSecuritiesMember_9AB9FD891114CDC7B8948D44CA8C61FF" xlink:type="locator"/>
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<link:label id="lab_bac_TaxExemptSecuritiesMember_E19BC68E97C2F7799BDB8D44CA8C3419_verboseLabel_en-US" xlink:label="lab_bac_TaxExemptSecuritiesMember_E19BC68E97C2F7799BDB8D44CA8C3419" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Tax-exempt securities [Member] </link:label>
<link:label id="lab_bac_TaxExemptSecuritiesMember_E19BC68E97C2F7799BDB8D44CA8C3419_label_en-US" xlink:label="lab_bac_TaxExemptSecuritiesMember_E19BC68E97C2F7799BDB8D44CA8C3419" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Tax-exempt securities [Member] </link:label>
<link:label id="lab_bac_TaxExemptSecuritiesMember_E19BC68E97C2F7799BDB8D44CA8C3419_documentation_en-US" xlink:label="lab_bac_TaxExemptSecuritiesMember_E19BC68E97C2F7799BDB8D44CA8C3419" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Tax exempt securities Member. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_TaxExemptSecuritiesMember" xlink:label="loc_bac_TaxExemptSecuritiesMember_E19BC68E97C2F7799BDB8D44CA8C3419" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AvailableforsaleSecuritiesMember_D063BB7F97AF31E4CBD78D44CA8CAA44_verboseLabel_en-US" xlink:label="lab_us-gaap_AvailableforsaleSecuritiesMember_D063BB7F97AF31E4CBD78D44CA8CAA44" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Available-for-sale debt securities [Member] </link:label>
<link:label id="lab_us-gaap_AvailableforsaleSecuritiesMember_D063BB7F97AF31E4CBD78D44CA8CAA44_label_en-US" xlink:label="lab_us-gaap_AvailableforsaleSecuritiesMember_D063BB7F97AF31E4CBD78D44CA8CAA44" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Available-for-sale Securities [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AvailableforsaleSecuritiesMember" xlink:label="loc_us-gaap_AvailableforsaleSecuritiesMember_D063BB7F97AF31E4CBD78D44CA8CAA44" xlink:type="locator"/>
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<link:label id="lab_bac_LoansAndLeasesMember_2CEC2095C6635F34ACB88D44CA8C36EE_verboseLabel_en-US" xlink:label="lab_bac_LoansAndLeasesMember_2CEC2095C6635F34ACB88D44CA8C36EE" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Loans and leases [Member] </link:label>
<link:label id="lab_bac_LoansAndLeasesMember_2CEC2095C6635F34ACB88D44CA8C36EE_label_en-US" xlink:label="lab_bac_LoansAndLeasesMember_2CEC2095C6635F34ACB88D44CA8C36EE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loans and leases [Member] </link:label>
<link:label id="lab_bac_LoansAndLeasesMember_2CEC2095C6635F34ACB88D44CA8C36EE_documentation_en-US" xlink:label="lab_bac_LoansAndLeasesMember_2CEC2095C6635F34ACB88D44CA8C36EE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> -- None. No documentation exists for this element. -- </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_LoansAndLeasesMember" xlink:label="loc_bac_LoansAndLeasesMember_2CEC2095C6635F34ACB88D44CA8C36EE" xlink:type="locator"/>
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<link:label id="lab_bac_MortgageServicingRightsMember_6F1B2484C692704B87718D44CA8CFF05_verboseLabel_en-US" xlink:label="lab_bac_MortgageServicingRightsMember_6F1B2484C692704B87718D44CA8CFF05" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Mortgage servicing rights [Member] </link:label>
<link:label id="lab_bac_MortgageServicingRightsMember_6F1B2484C692704B87718D44CA8CFF05_label_en-US" xlink:label="lab_bac_MortgageServicingRightsMember_6F1B2484C692704B87718D44CA8CFF05" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Mortgage servicing rights [Member] </link:label>
<link:label id="lab_bac_MortgageServicingRightsMember_6F1B2484C692704B87718D44CA8CFF05_documentation_en-US" xlink:label="lab_bac_MortgageServicingRightsMember_6F1B2484C692704B87718D44CA8CFF05" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Mortgage Servicing Rights Member. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_MortgageServicingRightsMember" xlink:label="loc_bac_MortgageServicingRightsMember_6F1B2484C692704B87718D44CA8CFF05" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_MortgageServicingRightsMember_6F1B2484C692704B87718D44CA8CFF05" xlink:to="lab_bac_MortgageServicingRightsMember_6F1B2484C692704B87718D44CA8CFF05" xlink:type="arc"/>
<link:label id="lab_bac_LoansHeldForSaleMember_3266691E2784A67BAA2F8D44CA8C45B5_verboseLabel_en-US" xlink:label="lab_bac_LoansHeldForSaleMember_3266691E2784A67BAA2F8D44CA8C45B5" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Loans held-for-sale [Member] </link:label>
<link:label id="lab_bac_LoansHeldForSaleMember_3266691E2784A67BAA2F8D44CA8C45B5_label_en-US" xlink:label="lab_bac_LoansHeldForSaleMember_3266691E2784A67BAA2F8D44CA8C45B5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loans held-for-sale [Member] </link:label>
<link:label id="lab_bac_LoansHeldForSaleMember_3266691E2784A67BAA2F8D44CA8C45B5_documentation_en-US" xlink:label="lab_bac_LoansHeldForSaleMember_3266691E2784A67BAA2F8D44CA8C45B5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Loans Held For Sale Member. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_LoansHeldForSaleMember" xlink:label="loc_bac_LoansHeldForSaleMember_3266691E2784A67BAA2F8D44CA8C45B5" xlink:type="locator"/>
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<link:label id="lab_us-gaap_OtherAssetsMember_3B74885FBE1DF6554A148D44CA8C0856_verboseLabel_en-US" xlink:label="lab_us-gaap_OtherAssetsMember_3B74885FBE1DF6554A148D44CA8C0856" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Other assets [Member] </link:label>
<link:label id="lab_us-gaap_OtherAssetsMember_3B74885FBE1DF6554A148D44CA8C0856_label_en-US" xlink:label="lab_us-gaap_OtherAssetsMember_3B74885FBE1DF6554A148D44CA8C0856" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Assets [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_OtherAssetsMember" xlink:label="loc_us-gaap_OtherAssetsMember_3B74885FBE1DF6554A148D44CA8C0856" xlink:type="locator"/>
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<link:label id="lab_bac_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInEarningsLineItems_4C0DA4134CE4187FDC718D44CA8C7AA7_terseLabel_en-US" xlink:label="lab_bac_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInEarningsLineItems_4C0DA4134CE4187FDC718D44CA8C7AA7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, Assets Measured on Recurring Basis, Gain (Loss) Included in Earnings [Line Items] </link:label>
<link:label id="lab_bac_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInEarningsLineItems_4C0DA4134CE4187FDC718D44CA8C7AA7_label_en-US" xlink:label="lab_bac_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInEarningsLineItems_4C0DA4134CE4187FDC718D44CA8C7AA7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Assets Measured on Recurring Basis, Gain (Loss) Included in Earnings [Line Items] </link:label>
<link:label id="lab_bac_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInEarningsLineItems_4C0DA4134CE4187FDC718D44CA8C7AA7_documentation_en-US" xlink:label="lab_bac_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInEarningsLineItems_4C0DA4134CE4187FDC718D44CA8C7AA7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Fair Value, Assets Measured on Recurring Basis, Gain (Loss) Included in Earnings Line Items </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInEarningsLineItems" xlink:label="loc_bac_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInEarningsLineItems_4C0DA4134CE4187FDC718D44CA8C7AA7" xlink:type="locator"/>
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<link:label id="lab_bac_LevelThreeRealizedAndUnrealizedGainsLossesRelatedToAssetsIncludedInEarningsAbstract_443B6BB110A34263E80C8D44CA8C98CA_verboseLabel_en-US" xlink:label="lab_bac_LevelThreeRealizedAndUnrealizedGainsLossesRelatedToAssetsIncludedInEarningsAbstract_443B6BB110A34263E80C8D44CA8C98CA" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Level 3 Total Realized and Unrealized Gains (Losses) Related to Assets Included in Earnings </link:label>
<link:label id="lab_bac_LevelThreeRealizedAndUnrealizedGainsLossesRelatedToAssetsIncludedInEarningsAbstract_443B6BB110A34263E80C8D44CA8C98CA_label_en-US" xlink:label="lab_bac_LevelThreeRealizedAndUnrealizedGainsLossesRelatedToAssetsIncludedInEarningsAbstract_443B6BB110A34263E80C8D44CA8C98CA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Level Three Realized And Unrealized Gains Losses Related To Assets Included In Earnings [Abstract] </link:label>
<link:label id="lab_bac_LevelThreeRealizedAndUnrealizedGainsLossesRelatedToAssetsIncludedInEarningsAbstract_443B6BB110A34263E80C8D44CA8C98CA_documentation_en-US" xlink:label="lab_bac_LevelThreeRealizedAndUnrealizedGainsLossesRelatedToAssetsIncludedInEarningsAbstract_443B6BB110A34263E80C8D44CA8C98CA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Level three realized and unrealized gains losses related to assets included in earnings. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_LevelThreeRealizedAndUnrealizedGainsLossesRelatedToAssetsIncludedInEarningsAbstract" xlink:label="loc_bac_LevelThreeRealizedAndUnrealizedGainsLossesRelatedToAssetsIncludedInEarningsAbstract_443B6BB110A34263E80C8D44CA8C98CA" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_LevelThreeRealizedAndUnrealizedGainsLossesRelatedToAssetsIncludedInEarningsAbstract_443B6BB110A34263E80C8D44CA8C98CA" xlink:to="lab_bac_LevelThreeRealizedAndUnrealizedGainsLossesRelatedToAssetsIncludedInEarningsAbstract_443B6BB110A34263E80C8D44CA8C98CA" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInInvestmentIncome_808DBCF94609B3FA8E418D44CA8CA488_verboseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInInvestmentIncome_808DBCF94609B3FA8E418D44CA8CA488" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Equity Investment Income (Loss) </link:label>
<link:label id="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInInvestmentIncome_808DBCF94609B3FA8E418D44CA8CA488_label_en-US" xlink:label="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInInvestmentIncome_808DBCF94609B3FA8E418D44CA8CA488" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Assets Measured on Recurring Basis, Gain (Loss) Included in Investment Income </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInInvestmentIncome" xlink:label="loc_us-gaap_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInInvestmentIncome_808DBCF94609B3FA8E418D44CA8CA488" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInInvestmentIncome_808DBCF94609B3FA8E418D44CA8CA488" xlink:to="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInInvestmentIncome_808DBCF94609B3FA8E418D44CA8CA488" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInInvestmentIncome_CC7C8872E430AD906C1F8D44CA8D180E_verboseLabel_en-US" xlink:label="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInInvestmentIncome_CC7C8872E430AD906C1F8D44CA8D180E" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Equity Investment Income (Loss) </link:label>
<link:label id="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInInvestmentIncome_CC7C8872E430AD906C1F8D44CA8D180E_label_en-US" xlink:label="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInInvestmentIncome_CC7C8872E430AD906C1F8D44CA8D180E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Liabilities Measured on Recurring Basis, Gain (Loss) Included in Investment Income </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInInvestmentIncome" xlink:label="loc_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInInvestmentIncome_CC7C8872E430AD906C1F8D44CA8D180E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInInvestmentIncome_CC7C8872E430AD906C1F8D44CA8D180E" xlink:to="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInInvestmentIncome_CC7C8872E430AD906C1F8D44CA8D180E" xlink:type="arc"/>
<link:label id="lab_bac_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInInvestmentIncome_DF755AADC2E7E4F157888D44CA8D1C7F_verboseLabel_en-US" xlink:label="lab_bac_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInInvestmentIncome_DF755AADC2E7E4F157888D44CA8D1C7F" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Equity Investment Income (Loss) </link:label>
<link:label id="lab_bac_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInInvestmentIncome_DF755AADC2E7E4F157888D44CA8D1C7F_label_en-US" xlink:label="lab_bac_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInInvestmentIncome_DF755AADC2E7E4F157888D44CA8D1C7F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value Assets And Liabilities Measured On Recurring Basis Gain Loss Included In Investment Income </link:label>
<link:label id="lab_bac_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInInvestmentIncome_DF755AADC2E7E4F157888D44CA8D1C7F_documentation_en-US" xlink:label="lab_bac_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInInvestmentIncome_DF755AADC2E7E4F157888D44CA8D1C7F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Fair Value Assets And Liabilities Measured On Recurring Basis Gain Loss Included In Investment Income. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInInvestmentIncome" xlink:label="loc_bac_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInInvestmentIncome_DF755AADC2E7E4F157888D44CA8D1C7F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInInvestmentIncome_DF755AADC2E7E4F157888D44CA8D1C7F" xlink:to="lab_bac_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInInvestmentIncome_DF755AADC2E7E4F157888D44CA8D1C7F" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInTradingRevenue_8D575498D258C6F2743E8D44CA8D9384_verboseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInTradingRevenue_8D575498D258C6F2743E8D44CA8D9384" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Trading Account Profits (Losses) </link:label>
<link:label id="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInTradingRevenue_8D575498D258C6F2743E8D44CA8D9384_label_en-US" xlink:label="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInTradingRevenue_8D575498D258C6F2743E8D44CA8D9384" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Assets Measured on Recurring Basis, Gain (Loss) Included in Trading Revenue </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInTradingRevenue" xlink:label="loc_us-gaap_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInTradingRevenue_8D575498D258C6F2743E8D44CA8D9384" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInTradingRevenue_8D575498D258C6F2743E8D44CA8D9384" xlink:to="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInTradingRevenue_8D575498D258C6F2743E8D44CA8D9384" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInTradingRevenue_A902439D865F6D742E4B8D44CA8DF083_verboseLabel_en-US" xlink:label="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInTradingRevenue_A902439D865F6D742E4B8D44CA8DF083" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Trading Account Profits (Losses) </link:label>
<link:label id="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInTradingRevenue_A902439D865F6D742E4B8D44CA8DF083_label_en-US" xlink:label="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInTradingRevenue_A902439D865F6D742E4B8D44CA8DF083" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Liabilities Measured on Recurring Basis, Gain (Loss) Included in Trading Revenue </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInTradingRevenue" xlink:label="loc_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInTradingRevenue_A902439D865F6D742E4B8D44CA8DF083" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInTradingRevenue_A902439D865F6D742E4B8D44CA8DF083" xlink:to="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInTradingRevenue_A902439D865F6D742E4B8D44CA8DF083" xlink:type="arc"/>
<link:label id="lab_bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInTradingRevenue_E0C164E0FA083B3763688D44CA8DF2E9_verboseLabel_en-US" xlink:label="lab_bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInTradingRevenue_E0C164E0FA083B3763688D44CA8DF2E9" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Trading Account Profits (Losses) </link:label>
<link:label id="lab_bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInTradingRevenue_E0C164E0FA083B3763688D44CA8DF2E9_label_en-US" xlink:label="lab_bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInTradingRevenue_E0C164E0FA083B3763688D44CA8DF2E9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value Assets Liabilities Measured On Recurring Basis Gain Loss Included In Trading Revenue </link:label>
<link:label id="lab_bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInTradingRevenue_E0C164E0FA083B3763688D44CA8DF2E9_documentation_en-US" xlink:label="lab_bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInTradingRevenue_E0C164E0FA083B3763688D44CA8DF2E9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the total gains and losses due to changes in the fair value of trading related assets and liabilities (e.g., trading inventory and derivative contracts) as well as certain assets and liabilities for which the fair value option has been elected (e.g., long-term debt). This includes both realized and unrealized gains (losses), recorded in trading account profits (losses), a component of noninterest income, for Level 3 assets and liabilities, measured on a recurring basis. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInTradingRevenue" xlink:label="loc_bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInTradingRevenue_E0C164E0FA083B3763688D44CA8DF2E9" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInTradingRevenue_E0C164E0FA083B3763688D44CA8DF2E9" xlink:to="lab_bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInTradingRevenue_E0C164E0FA083B3763688D44CA8DF2E9" xlink:type="arc"/>
<link:label id="lab_bac_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInMortgageBankingIncomeLoss_58B1C6EE6D13AEFEE85E8D44CA8D332C_verboseLabel_en-US" xlink:label="lab_bac_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInMortgageBankingIncomeLoss_58B1C6EE6D13AEFEE85E8D44CA8D332C" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Mortgage Banking Income (Loss) </link:label>
<link:label id="lab_bac_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInMortgageBankingIncomeLoss_58B1C6EE6D13AEFEE85E8D44CA8D332C_label_en-US" xlink:label="lab_bac_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInMortgageBankingIncomeLoss_58B1C6EE6D13AEFEE85E8D44CA8D332C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value Assets Measured On Recurring Basis Gain Loss Included In Mortgage Banking Income Loss </link:label>
<link:label id="lab_bac_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInMortgageBankingIncomeLoss_58B1C6EE6D13AEFEE85E8D44CA8D332C_documentation_en-US" xlink:label="lab_bac_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInMortgageBankingIncomeLoss_58B1C6EE6D13AEFEE85E8D44CA8D332C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents gains and losses due to changes in fair value of mortgage banking related assets (e.g. interest rate lock commitments and mortgage servicing rights), including both realized and unrealized gains (losses), recorded in mortgage banking income (loss), a component of noninterest income, for Level 3 assets, measured on a recurring basis. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInMortgageBankingIncomeLoss" xlink:label="loc_bac_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInMortgageBankingIncomeLoss_58B1C6EE6D13AEFEE85E8D44CA8D332C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInMortgageBankingIncomeLoss_58B1C6EE6D13AEFEE85E8D44CA8D332C" xlink:to="lab_bac_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInMortgageBankingIncomeLoss_58B1C6EE6D13AEFEE85E8D44CA8D332C" xlink:type="arc"/>
<link:label id="lab_bac_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInMortgageBankingIncomeLoss_F4A01EA56DC3188895EC8D44CA8DF973_verboseLabel_en-US" xlink:label="lab_bac_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInMortgageBankingIncomeLoss_F4A01EA56DC3188895EC8D44CA8DF973" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Mortgage Banking Income (Loss) </link:label>
<link:label id="lab_bac_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInMortgageBankingIncomeLoss_F4A01EA56DC3188895EC8D44CA8DF973_label_en-US" xlink:label="lab_bac_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInMortgageBankingIncomeLoss_F4A01EA56DC3188895EC8D44CA8DF973" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value Liabilities Measured On Recurring Basis Gain Loss Included In Mortgage Banking Income Loss </link:label>
<link:label id="lab_bac_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInMortgageBankingIncomeLoss_F4A01EA56DC3188895EC8D44CA8DF973_documentation_en-US" xlink:label="lab_bac_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInMortgageBankingIncomeLoss_F4A01EA56DC3188895EC8D44CA8DF973" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents gains and losses due to changes in fair value of mortgage banking related liabilities, including both realized and unrealized gains (losses), recorded in mortgage banking income (loss), a component of noninterest income, for Level 3 liabilities, measured on a recurring basis. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInMortgageBankingIncomeLoss" xlink:label="loc_bac_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInMortgageBankingIncomeLoss_F4A01EA56DC3188895EC8D44CA8DF973" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInMortgageBankingIncomeLoss_F4A01EA56DC3188895EC8D44CA8DF973" xlink:to="lab_bac_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInMortgageBankingIncomeLoss_F4A01EA56DC3188895EC8D44CA8DF973" xlink:type="arc"/>
<link:label id="lab_bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInMortgageBankingIncomeLoss_F554D7EB48AE8111F26B8D44CA8DF606_verboseLabel_en-US" xlink:label="lab_bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInMortgageBankingIncomeLoss_F554D7EB48AE8111F26B8D44CA8DF606" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Mortgage Banking Income (Loss) </link:label>
<link:label id="lab_bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInMortgageBankingIncomeLoss_F554D7EB48AE8111F26B8D44CA8DF606_label_en-US" xlink:label="lab_bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInMortgageBankingIncomeLoss_F554D7EB48AE8111F26B8D44CA8DF606" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value Assets Liabilities Measured On Recurring Basis Gain Loss Included In Mortgage Banking Income Loss </link:label>
<link:label id="lab_bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInMortgageBankingIncomeLoss_F554D7EB48AE8111F26B8D44CA8DF606_documentation_en-US" xlink:label="lab_bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInMortgageBankingIncomeLoss_F554D7EB48AE8111F26B8D44CA8DF606" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the total gains and losses due to changes in fair value of mortgage banking related assets and liabilities, including both realized and unrealized gains (losses), recorded in mortgage banking income (loss), a component of noninterest income, for Level 3 assets and liabilities, measured on a recurring basis. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInMortgageBankingIncomeLoss" xlink:label="loc_bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInMortgageBankingIncomeLoss_F554D7EB48AE8111F26B8D44CA8DF606" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInMortgageBankingIncomeLoss_F554D7EB48AE8111F26B8D44CA8DF606" xlink:to="lab_bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInMortgageBankingIncomeLoss_F554D7EB48AE8111F26B8D44CA8DF606" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInOtherIncome_E611B6403EA6BC9A85078D44CA8D97A9_verboseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInOtherIncome_E611B6403EA6BC9A85078D44CA8D97A9" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Other Income (Loss) </link:label>
<link:label id="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInOtherIncome_E611B6403EA6BC9A85078D44CA8D97A9_label_en-US" xlink:label="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInOtherIncome_E611B6403EA6BC9A85078D44CA8D97A9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Assets Measured on Recurring Basis, Gain (Loss) Included in Other Income </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInOtherIncome" xlink:label="loc_us-gaap_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInOtherIncome_E611B6403EA6BC9A85078D44CA8D97A9" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInOtherIncome_E611B6403EA6BC9A85078D44CA8D97A9" xlink:to="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInOtherIncome_E611B6403EA6BC9A85078D44CA8D97A9" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInOtherIncome_02B04C8A155DA4C9A0CF8D44CA8DC874_verboseLabel_en-US" xlink:label="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInOtherIncome_02B04C8A155DA4C9A0CF8D44CA8DC874" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Other Income (Loss) </link:label>
<link:label id="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInOtherIncome_02B04C8A155DA4C9A0CF8D44CA8DC874_label_en-US" xlink:label="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInOtherIncome_02B04C8A155DA4C9A0CF8D44CA8DC874" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Liabilities Measured on Recurring Basis, Gain (Loss) Included in Other Income </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInOtherIncome" xlink:label="loc_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInOtherIncome_02B04C8A155DA4C9A0CF8D44CA8DC874" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInOtherIncome_02B04C8A155DA4C9A0CF8D44CA8DC874" xlink:to="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInOtherIncome_02B04C8A155DA4C9A0CF8D44CA8DC874" xlink:type="arc"/>
<link:label id="lab_bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInOtherIncome_94A2F5A03CC72CF106398D44CA8D6425_verboseLabel_en-US" xlink:label="lab_bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInOtherIncome_94A2F5A03CC72CF106398D44CA8D6425" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Other Income (Loss) </link:label>
<link:label id="lab_bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInOtherIncome_94A2F5A03CC72CF106398D44CA8D6425_label_en-US" xlink:label="lab_bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInOtherIncome_94A2F5A03CC72CF106398D44CA8D6425" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value Assets Liabilities Measured On Recurring Basis Gain Loss Included In Other Income </link:label>
<link:label id="lab_bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInOtherIncome_94A2F5A03CC72CF106398D44CA8D6425_documentation_en-US" xlink:label="lab_bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInOtherIncome_94A2F5A03CC72CF106398D44CA8D6425" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the total gains and losses due to changes in fair value of assets and liabilities (e.g., AFS securities and loans and accrued expenses/other liabilities measured at fair value under the fair value option), including both realized and unrealized gains (losses), recorded in other income (loss), a component of noninterest income, for Level 3 assets and liabilities, measured on a recurring basis. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInOtherIncome" xlink:label="loc_bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInOtherIncome_94A2F5A03CC72CF106398D44CA8D6425" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInOtherIncome_94A2F5A03CC72CF106398D44CA8D6425" xlink:to="lab_bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInOtherIncome_94A2F5A03CC72CF106398D44CA8D6425" xlink:type="arc"/>
<link:label id="lab_bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetsAndLiabilities_F186893B07413585F9148D44CA8D53A0_totalLabel_en-US" xlink:label="lab_bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetsAndLiabilities_F186893B07413585F9148D44CA8D53A0" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total </link:label>
<link:label id="lab_bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetsAndLiabilities_F186893B07413585F9148D44CA8D53A0_label_en-US" xlink:label="lab_bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetsAndLiabilities_F186893B07413585F9148D44CA8D53A0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Assets And Liabilities </link:label>
<link:label id="lab_bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetsAndLiabilities_F186893B07413585F9148D44CA8D53A0_documentation_en-US" xlink:label="lab_bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetsAndLiabilities_F186893B07413585F9148D44CA8D53A0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the total gains and losses due to changes in fair value of assets and liabilities, including both realized and unrealized gains (losses), recorded in noninterest income, for Level 3 assets and liabilities, measured on a recurring basis. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetsAndLiabilities" xlink:label="loc_bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetsAndLiabilities_F186893B07413585F9148D44CA8D53A0" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetsAndLiabilities_F186893B07413585F9148D44CA8D53A0" xlink:to="lab_bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetsAndLiabilities_F186893B07413585F9148D44CA8D53A0" xlink:type="arc"/>
<link:label id="lab_bac_LevelThreeChangesInUnrealizedGainsLossesRelatingToAssetsStillHeldAtReportingDateAbstract_E4B755F365006C05B74F8D44CA8D4DC5_verboseLabel_en-US" xlink:label="lab_bac_LevelThreeChangesInUnrealizedGainsLossesRelatingToAssetsStillHeldAtReportingDateAbstract_E4B755F365006C05B74F8D44CA8D4DC5" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Level 3 Changes in Unrealized Gains (Losses) Relating to Assets Still Held at Reporting Date </link:label>
<link:label id="lab_bac_LevelThreeChangesInUnrealizedGainsLossesRelatingToAssetsStillHeldAtReportingDateAbstract_E4B755F365006C05B74F8D44CA8D4DC5_label_en-US" xlink:label="lab_bac_LevelThreeChangesInUnrealizedGainsLossesRelatingToAssetsStillHeldAtReportingDateAbstract_E4B755F365006C05B74F8D44CA8D4DC5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Level Three Changes In Unrealized Gains Losses Relating To Assets Still Held At Reporting Date [Abstract] </link:label>
<link:label id="lab_bac_LevelThreeChangesInUnrealizedGainsLossesRelatingToAssetsStillHeldAtReportingDateAbstract_E4B755F365006C05B74F8D44CA8D4DC5_documentation_en-US" xlink:label="lab_bac_LevelThreeChangesInUnrealizedGainsLossesRelatingToAssetsStillHeldAtReportingDateAbstract_E4B755F365006C05B74F8D44CA8D4DC5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Level 3 changes in unrealized gains losses relating to assets still held at reporting date. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_LevelThreeChangesInUnrealizedGainsLossesRelatingToAssetsStillHeldAtReportingDateAbstract" xlink:label="loc_bac_LevelThreeChangesInUnrealizedGainsLossesRelatingToAssetsStillHeldAtReportingDateAbstract_E4B755F365006C05B74F8D44CA8D4DC5" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_LevelThreeChangesInUnrealizedGainsLossesRelatingToAssetsStillHeldAtReportingDateAbstract_E4B755F365006C05B74F8D44CA8D4DC5" xlink:to="lab_bac_LevelThreeChangesInUnrealizedGainsLossesRelatingToAssetsStillHeldAtReportingDateAbstract_E4B755F365006C05B74F8D44CA8D4DC5" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInInvestmentIncome_C5896634F3B54122EBCE8D44CA8D935A_verboseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInInvestmentIncome_C5896634F3B54122EBCE8D44CA8D935A" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Equity Investment Income (Loss) </link:label>
<link:label id="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInInvestmentIncome_C5896634F3B54122EBCE8D44CA8D935A_label_en-US" xlink:label="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInInvestmentIncome_C5896634F3B54122EBCE8D44CA8D935A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Assets Measured on Recurring Basis, Change in Unrealized Gain (Loss) Included in Investment Income </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInInvestmentIncome" xlink:label="loc_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInInvestmentIncome_C5896634F3B54122EBCE8D44CA8D935A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInInvestmentIncome_C5896634F3B54122EBCE8D44CA8D935A" xlink:to="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInInvestmentIncome_C5896634F3B54122EBCE8D44CA8D935A" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInInvestmentIncome_24BCBB784AE1C0F41F998D44CA8E750B_verboseLabel_en-US" xlink:label="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInInvestmentIncome_24BCBB784AE1C0F41F998D44CA8E750B" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Equity Investment Income </link:label>
<link:label id="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInInvestmentIncome_24BCBB784AE1C0F41F998D44CA8E750B_label_en-US" xlink:label="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInInvestmentIncome_24BCBB784AE1C0F41F998D44CA8E750B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Liabilities Measured on Recurring Basis, Change in Unrealized Gain (Loss) Included in Investment Income </link:label>
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<link:label id="lab_bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInInvestmentIncomeNet_53282025373F98DB33988D44CA8E8830_label_en-US" xlink:label="lab_bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInInvestmentIncomeNet_53282025373F98DB33988D44CA8E8830" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value Assets Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss Included In Investment Income Net </link:label>
<link:label id="lab_bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInInvestmentIncomeNet_53282025373F98DB33988D44CA8E8830_documentation_en-US" xlink:label="lab_bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInInvestmentIncomeNet_53282025373F98DB33988D44CA8E8830" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents total net changes in unrealized gains (losses) for assets and liabilities still held at the end of the period(s) related to equity method investments and recorded in earnings as equity investment income (loss), a component of noninterest income, for Level 3 assets and liabilities, measured on a recurring basis. </link:label>
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<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInInvestmentIncomeNet_53282025373F98DB33988D44CA8E8830" xlink:to="lab_bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInInvestmentIncomeNet_53282025373F98DB33988D44CA8E8830" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInTradingRevenue_E59FF444ECC6911D45C98D44CA8E0359_verboseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInTradingRevenue_E59FF444ECC6911D45C98D44CA8E0359" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Trading Account Profits (Losses) </link:label>
<link:label id="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInTradingRevenue_E59FF444ECC6911D45C98D44CA8E0359_label_en-US" xlink:label="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInTradingRevenue_E59FF444ECC6911D45C98D44CA8E0359" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Assets Measured on Recurring Basis, Change in Unrealized Gain (Loss) Included in Trading Revenue </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInTradingRevenue" xlink:label="loc_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInTradingRevenue_E59FF444ECC6911D45C98D44CA8E0359" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInTradingRevenue_E59FF444ECC6911D45C98D44CA8E0359" xlink:to="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInTradingRevenue_E59FF444ECC6911D45C98D44CA8E0359" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInTradingRevenue_E7954C1E65773345033A8D44CA8EF26B_verboseLabel_en-US" xlink:label="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInTradingRevenue_E7954C1E65773345033A8D44CA8EF26B" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Trading Account Profits (Losses) </link:label>
<link:label id="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInTradingRevenue_E7954C1E65773345033A8D44CA8EF26B_label_en-US" xlink:label="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInTradingRevenue_E7954C1E65773345033A8D44CA8EF26B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Liabilities Measured on Recurring Basis, Change in Unrealized Gain (Loss) Included in Trading Revenue </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInTradingRevenue" xlink:label="loc_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInTradingRevenue_E7954C1E65773345033A8D44CA8EF26B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInTradingRevenue_E7954C1E65773345033A8D44CA8EF26B" xlink:to="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInTradingRevenue_E7954C1E65773345033A8D44CA8EF26B" xlink:type="arc"/>
<link:label id="lab_bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInTradingRevenueNet_49C46A0916D9E677AC978D44CA8ED343_verboseLabel_en-US" xlink:label="lab_bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInTradingRevenueNet_49C46A0916D9E677AC978D44CA8ED343" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Trading Account Profits (Losses) </link:label>
<link:label id="lab_bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInTradingRevenueNet_49C46A0916D9E677AC978D44CA8ED343_label_en-US" xlink:label="lab_bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInTradingRevenueNet_49C46A0916D9E677AC978D44CA8ED343" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value Assets Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss Included In Trading Revenue Net </link:label>
<link:label id="lab_bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInTradingRevenueNet_49C46A0916D9E677AC978D44CA8ED343_documentation_en-US" xlink:label="lab_bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInTradingRevenueNet_49C46A0916D9E677AC978D44CA8ED343" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents total net changes in unrealized gains (losses) for assets and liabilities still held at the end of the period(s) related to trading accounts (e.g., trading inventory and derivative instruments) as well as certain instruments for which the fair value option has been elected (e.g., long-term debt) and recorded in earnings as trading account profits (losses), a component of noninterest income, for Level 3 assets and liabilities, measured on a recurring basis. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInTradingRevenueNet" xlink:label="loc_bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInTradingRevenueNet_49C46A0916D9E677AC978D44CA8ED343" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInTradingRevenueNet_49C46A0916D9E677AC978D44CA8ED343" xlink:to="lab_bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInTradingRevenueNet_49C46A0916D9E677AC978D44CA8ED343" xlink:type="arc"/>
<link:label id="lab_bac_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInMortgageBankingIncomeLoss_4737F60AE8C9DAEB6F128D44CA8E28BE_verboseLabel_en-US" xlink:label="lab_bac_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInMortgageBankingIncomeLoss_4737F60AE8C9DAEB6F128D44CA8E28BE" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Mortgage Banking Income (Loss) </link:label>
<link:label id="lab_bac_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInMortgageBankingIncomeLoss_4737F60AE8C9DAEB6F128D44CA8E28BE_label_en-US" xlink:label="lab_bac_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInMortgageBankingIncomeLoss_4737F60AE8C9DAEB6F128D44CA8E28BE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss Included In Mortgage Banking Income Loss </link:label>
<link:label id="lab_bac_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInMortgageBankingIncomeLoss_4737F60AE8C9DAEB6F128D44CA8E28BE_documentation_en-US" xlink:label="lab_bac_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInMortgageBankingIncomeLoss_4737F60AE8C9DAEB6F128D44CA8E28BE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents changes in unrealized gains (losses) for assets still held at the end of the period(s) related to mortgage banking and recorded in earnings as mortgage banking (e.g. interest rate lock commitments and mortgage servicing rights) income (loss), a component of noninterest income, for Level 3 assets, measured on a recurring basis. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInMortgageBankingIncomeLoss" xlink:label="loc_bac_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInMortgageBankingIncomeLoss_4737F60AE8C9DAEB6F128D44CA8E28BE" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInMortgageBankingIncomeLoss_4737F60AE8C9DAEB6F128D44CA8E28BE" xlink:to="lab_bac_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInMortgageBankingIncomeLoss_4737F60AE8C9DAEB6F128D44CA8E28BE" xlink:type="arc"/>
<link:label id="lab_bac_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInMortgageBankingIncomeLoss_BF863DA940DB9BF204CA8D44CA8E2F32_verboseLabel_en-US" xlink:label="lab_bac_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInMortgageBankingIncomeLoss_BF863DA940DB9BF204CA8D44CA8E2F32" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Mortgage Banking Income (Loss) </link:label>
<link:label id="lab_bac_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInMortgageBankingIncomeLoss_BF863DA940DB9BF204CA8D44CA8E2F32_label_en-US" xlink:label="lab_bac_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInMortgageBankingIncomeLoss_BF863DA940DB9BF204CA8D44CA8E2F32" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss Included In Mortgage Banking Income Loss </link:label>
<link:label id="lab_bac_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInMortgageBankingIncomeLoss_BF863DA940DB9BF204CA8D44CA8E2F32_documentation_en-US" xlink:label="lab_bac_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInMortgageBankingIncomeLoss_BF863DA940DB9BF204CA8D44CA8E2F32" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents changes in unrealized gains (losses) for liabilities still held at the end of the period(s) related to mortgage banking and recorded in earnings as mortgage banking income (Loss), a component of noninterest income, for Level 3 liabilities, measured on a recurring basis. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInMortgageBankingIncomeLoss" xlink:label="loc_bac_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInMortgageBankingIncomeLoss_BF863DA940DB9BF204CA8D44CA8E2F32" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInMortgageBankingIncomeLoss_BF863DA940DB9BF204CA8D44CA8E2F32" xlink:to="lab_bac_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInMortgageBankingIncomeLoss_BF863DA940DB9BF204CA8D44CA8E2F32" xlink:type="arc"/>
<link:label id="lab_bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInMortgageBankingIncomeLossNet_0B0487BBCC5BC0D67FF28D44CA8E053B_verboseLabel_en-US" xlink:label="lab_bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInMortgageBankingIncomeLossNet_0B0487BBCC5BC0D67FF28D44CA8E053B" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Mortgage Banking Income (Loss) </link:label>
<link:label id="lab_bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInMortgageBankingIncomeLossNet_0B0487BBCC5BC0D67FF28D44CA8E053B_label_en-US" xlink:label="lab_bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInMortgageBankingIncomeLossNet_0B0487BBCC5BC0D67FF28D44CA8E053B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value Assets Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss Included In Mortgage Banking Income Loss Net </link:label>
<link:label id="lab_bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInMortgageBankingIncomeLossNet_0B0487BBCC5BC0D67FF28D44CA8E053B_documentation_en-US" xlink:label="lab_bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInMortgageBankingIncomeLossNet_0B0487BBCC5BC0D67FF28D44CA8E053B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents total net changes in unrealized gains (losses) for assets and liabilities still held at the end of the period(s) related to mortgage banking (e.g. interest rate lock commitments and mortgage servicing rights) and recorded in earnings as mortgage banking income (loss), a component of noninterest income, for Level 3 assets and liabilities, measured on a recurring basis. </link:label>
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<link:label id="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInOtherIncome_D3E3571EC2A9B3CD1CF38D44CA8E55AA_verboseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInOtherIncome_D3E3571EC2A9B3CD1CF38D44CA8E55AA" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Other Income (Loss) </link:label>
<link:label id="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInOtherIncome_D3E3571EC2A9B3CD1CF38D44CA8E55AA_label_en-US" xlink:label="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInOtherIncome_D3E3571EC2A9B3CD1CF38D44CA8E55AA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Assets Measured on Recurring Basis, Change in Unrealized Gain (Loss) Included in Other Income </link:label>
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<link:label id="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInOtherIncome_AEC03D2B41BC105FF96C8D44CA8E575E_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInOtherIncome_AEC03D2B41BC105FF96C8D44CA8E575E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other Income (Loss) </link:label>
<link:label id="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInOtherIncome_AEC03D2B41BC105FF96C8D44CA8E575E_label_en-US" xlink:label="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInOtherIncome_AEC03D2B41BC105FF96C8D44CA8E575E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Liabilities Measured on Recurring Basis, Change in Unrealized Gain (Loss) Included in Other Income </link:label>
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<link:label id="lab_bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInOtherIncomeNet_5FAE60AAD76E1EB3E0018D44CA8E5DB7_label_en-US" xlink:label="lab_bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInOtherIncomeNet_5FAE60AAD76E1EB3E0018D44CA8E5DB7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value Assets Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss Included In Other Income Net </link:label>
<link:label id="lab_bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInOtherIncomeNet_5FAE60AAD76E1EB3E0018D44CA8E5DB7_documentation_en-US" xlink:label="lab_bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInOtherIncomeNet_5FAE60AAD76E1EB3E0018D44CA8E5DB7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents total net changes in unrealized gains (losses) for assets and liabilities (e.g., AFS securities and loans and accrued expenses/other liabilities measured at fair value under the fair value option) still held at the end of the period(s) and recorded in earnings as other income (loss), a component of noninterest income, for Level 3 assets and liabilities, measured on a recurring basis. </link:label>
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<link:label id="lab_bac_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInEarnings_26C893088DC9654B9F4F8D44CA8EF063_totalLabel_en-US" xlink:label="lab_bac_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInEarnings_26C893088DC9654B9F4F8D44CA8EF063" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total </link:label>
<link:label id="lab_bac_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInEarnings_26C893088DC9654B9F4F8D44CA8EF063_label_en-US" xlink:label="lab_bac_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInEarnings_26C893088DC9654B9F4F8D44CA8EF063" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss Included In Earnings </link:label>
<link:label id="lab_bac_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInEarnings_26C893088DC9654B9F4F8D44CA8EF063_documentation_en-US" xlink:label="lab_bac_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInEarnings_26C893088DC9654B9F4F8D44CA8EF063" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the total changes in unrealized gains (losses) for assets still held at the end of the period(s) and recorded in earnings as a component of noninterest income, for Level 3 assets, measured on a recurring basis. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInEarnings" xlink:label="loc_bac_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInEarnings_26C893088DC9654B9F4F8D44CA8EF063" xlink:type="locator"/>
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<link:label id="lab_bac_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInEarnings_E03414CDF255FE4517A68D44CA8EE243_totalLabel_en-US" xlink:label="lab_bac_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInEarnings_E03414CDF255FE4517A68D44CA8EE243" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total </link:label>
<link:label id="lab_bac_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInEarnings_E03414CDF255FE4517A68D44CA8EE243_label_en-US" xlink:label="lab_bac_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInEarnings_E03414CDF255FE4517A68D44CA8EE243" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss Included In Earnings </link:label>
<link:label id="lab_bac_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInEarnings_E03414CDF255FE4517A68D44CA8EE243_documentation_en-US" xlink:label="lab_bac_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInEarnings_E03414CDF255FE4517A68D44CA8EE243" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the total changes in unrealized gains (losses) for liabilities still held at the end of period(s) and recorded in earnings as a component of noninterest income, for Level 3 liabilities, measured on a recurring basis. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInEarnings" xlink:label="loc_bac_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInEarnings_E03414CDF255FE4517A68D44CA8EE243" xlink:type="locator"/>
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<link:label id="lab_bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInEarningsNet_50FD9675651215A8CF758D44CA8E979C_totalLabel_en-US" xlink:label="lab_bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInEarningsNet_50FD9675651215A8CF758D44CA8E979C" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total </link:label>
<link:label id="lab_bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInEarningsNet_50FD9675651215A8CF758D44CA8E979C_label_en-US" xlink:label="lab_bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInEarningsNet_50FD9675651215A8CF758D44CA8E979C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value Assets Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss Included In Earnings Net </link:label>
<link:label id="lab_bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInEarningsNet_50FD9675651215A8CF758D44CA8E979C_documentation_en-US" xlink:label="lab_bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInEarningsNet_50FD9675651215A8CF758D44CA8E979C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the total changes in unrealized gains (losses) recorded in noninterest income, for Level 3 assets and liabilities, measured on a recurring basis. </link:label>
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<link:label id="lab_bac_ParentCompanyInformationAbstract_EB0B56B577BD082C93E4CD3949A93E70_label_en-US" xlink:label="lab_bac_ParentCompanyInformationAbstract_EB0B56B577BD082C93E4CD3949A93E70" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Parent Company Information [Abstract] </link:label>
<link:label id="lab_bac_ParentCompanyInformationAbstract_EB0B56B577BD082C93E4CD3949A93E70_documentation_en-US" xlink:label="lab_bac_ParentCompanyInformationAbstract_EB0B56B577BD082C93E4CD3949A93E70" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Parent Company Information [Abstract] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ParentCompanyInformationAbstract" xlink:label="loc_bac_ParentCompanyInformationAbstract_EB0B56B577BD082C93E4CD3949A93E70" xlink:type="locator"/>
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<link:label id="lab_bac_ParentCompanyInformationStatementOfIncomeTableTextBlock_BE4F6A94DBA532AFEA70CD3CF0153B0A_terseLabel_en-US" xlink:label="lab_bac_ParentCompanyInformationStatementOfIncomeTableTextBlock_BE4F6A94DBA532AFEA70CD3CF0153B0A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Statement Of Income [Table Text Block] </link:label>
<link:label id="lab_bac_ParentCompanyInformationStatementOfIncomeTableTextBlock_BE4F6A94DBA532AFEA70CD3CF0153B0A_label_en-US" xlink:label="lab_bac_ParentCompanyInformationStatementOfIncomeTableTextBlock_BE4F6A94DBA532AFEA70CD3CF0153B0A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Parent Company Information Statement Of Income [Table Text Block] </link:label>
<link:label id="lab_bac_ParentCompanyInformationStatementOfIncomeTableTextBlock_BE4F6A94DBA532AFEA70CD3CF0153B0A_documentation_en-US" xlink:label="lab_bac_ParentCompanyInformationStatementOfIncomeTableTextBlock_BE4F6A94DBA532AFEA70CD3CF0153B0A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Parent Company Information, Statement Of Income [Table Text Block] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ParentCompanyInformationStatementOfIncomeTableTextBlock" xlink:label="loc_bac_ParentCompanyInformationStatementOfIncomeTableTextBlock_BE4F6A94DBA532AFEA70CD3CF0153B0A" xlink:type="locator"/>
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<link:label id="lab_bac_ParentCompanyInformationBalanceSheetTableTextBlock_23BBB6A0C2D04BDDD425CD3F43D71D31_terseLabel_en-US" xlink:label="lab_bac_ParentCompanyInformationBalanceSheetTableTextBlock_23BBB6A0C2D04BDDD425CD3F43D71D31" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Balance Sheet [Table Text Block] </link:label>
<link:label id="lab_bac_ParentCompanyInformationBalanceSheetTableTextBlock_23BBB6A0C2D04BDDD425CD3F43D71D31_label_en-US" xlink:label="lab_bac_ParentCompanyInformationBalanceSheetTableTextBlock_23BBB6A0C2D04BDDD425CD3F43D71D31" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Parent Company Information Balance Sheet [Table Text Block] </link:label>
<link:label id="lab_bac_ParentCompanyInformationBalanceSheetTableTextBlock_23BBB6A0C2D04BDDD425CD3F43D71D31_documentation_en-US" xlink:label="lab_bac_ParentCompanyInformationBalanceSheetTableTextBlock_23BBB6A0C2D04BDDD425CD3F43D71D31" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Parent Company Information Balance Sheet [Table Text Block] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ParentCompanyInformationBalanceSheetTableTextBlock" xlink:label="loc_bac_ParentCompanyInformationBalanceSheetTableTextBlock_23BBB6A0C2D04BDDD425CD3F43D71D31" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ParentCompanyInformationBalanceSheetTableTextBlock_23BBB6A0C2D04BDDD425CD3F43D71D31" xlink:to="lab_bac_ParentCompanyInformationBalanceSheetTableTextBlock_23BBB6A0C2D04BDDD425CD3F43D71D31" xlink:type="arc"/>
<link:label id="lab_bac_ParentCompanyInformationStatementOfCashFlowsTableTextBlock_DF50F074EE4ADE26F2BCCD413A0817B4_terseLabel_en-US" xlink:label="lab_bac_ParentCompanyInformationStatementOfCashFlowsTableTextBlock_DF50F074EE4ADE26F2BCCD413A0817B4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Statement Of Cash Flows [Table Text Block] </link:label>
<link:label id="lab_bac_ParentCompanyInformationStatementOfCashFlowsTableTextBlock_DF50F074EE4ADE26F2BCCD413A0817B4_label_en-US" xlink:label="lab_bac_ParentCompanyInformationStatementOfCashFlowsTableTextBlock_DF50F074EE4ADE26F2BCCD413A0817B4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Parent Company Information Statement Of Cash Flows [Table Text Block] </link:label>
<link:label id="lab_bac_ParentCompanyInformationStatementOfCashFlowsTableTextBlock_DF50F074EE4ADE26F2BCCD413A0817B4_documentation_en-US" xlink:label="lab_bac_ParentCompanyInformationStatementOfCashFlowsTableTextBlock_DF50F074EE4ADE26F2BCCD413A0817B4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Parent Company Information Statement Of Cash Flows [Table Text Block] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ParentCompanyInformationStatementOfCashFlowsTableTextBlock" xlink:label="loc_bac_ParentCompanyInformationStatementOfCashFlowsTableTextBlock_DF50F074EE4ADE26F2BCCD413A0817B4" xlink:type="locator"/>
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<link:label id="lab_us-gaap_EarningsPerShareAbstract_5E6693E54F22DA840FD03F1E21D02813_label_en-US" xlink:label="lab_us-gaap_EarningsPerShareAbstract_5E6693E54F22DA840FD03F1E21D02813" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Earnings Per Share [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_EarningsPerShareAbstract" xlink:label="loc_us-gaap_EarningsPerShareAbstract_5E6693E54F22DA840FD03F1E21D02813" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTable_9E934807CC9D84E0ABB43F8D8A9EAB9E_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTable_9E934807CC9D84E0ABB43F8D8A9EAB9E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table] </link:label>
<link:label id="lab_us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTable_9E934807CC9D84E0ABB43F8D8A9EAB9E_label_en-US" xlink:label="lab_us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTable_9E934807CC9D84E0ABB43F8D8A9EAB9E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTable" xlink:label="loc_us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTable_9E934807CC9D84E0ABB43F8D8A9EAB9E" xlink:type="locator"/>
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<link:label id="lab_us-gaap_StatementClassOfStockAxis_C943595836667A365EB33F924FFD6B02_label_en-US" xlink:label="lab_us-gaap_StatementClassOfStockAxis_C943595836667A365EB33F924FFD6B02" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Class of Stock [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_StatementClassOfStockAxis" xlink:label="loc_us-gaap_StatementClassOfStockAxis_C943595836667A365EB33F924FFD6B02" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ClassOfStockDomain_259DABA2C5E9071716943FB5D9941A5C_label_en-US" xlink:label="lab_us-gaap_ClassOfStockDomain_259DABA2C5E9071716943FB5D9941A5C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Class of Stock [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ClassOfStockDomain" xlink:label="loc_us-gaap_ClassOfStockDomain_259DABA2C5E9071716943FB5D9941A5C" xlink:type="locator"/>
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<link:label id="lab_bac_SeriesLPreferredStockMember_1DFE96BFA33D083915C53F92501395DE_label_en-US" xlink:label="lab_bac_SeriesLPreferredStockMember_1DFE96BFA33D083915C53F92501395DE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Series L Preferred Stock [Member] </link:label>
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<link:label id="lab_bac_NetIncomeLossAllocatedToCommonShareholders_69F34609B49B8C7F8AD53F4CCE475E02_label_en-US" xlink:label="lab_bac_NetIncomeLossAllocatedToCommonShareholders_69F34609B49B8C7F8AD53F4CCE475E02" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Net income (loss) allocated to common shareholders </link:label>
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<link:label id="lab_us-gaap_EarningsPerShareBasic_18E46344E4526952773C3F4CCFC635B0_verboseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareBasic_18E46344E4526952773C3F4CCFC635B0" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Earnings (loss) per common share </link:label>
<link:label id="lab_us-gaap_EarningsPerShareBasic_18E46344E4526952773C3F4CCFC635B0_label_en-US" xlink:label="lab_us-gaap_EarningsPerShareBasic_18E46344E4526952773C3F4CCFC635B0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Earnings Per Share, Basic </link:label>
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<link:label id="lab_us-gaap_EarningsPerShareDilutedAbstract_7CE174831FD67140B0D23F85B2514A4A_label_en-US" xlink:label="lab_us-gaap_EarningsPerShareDilutedAbstract_7CE174831FD67140B0D23F85B2514A4A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Earnings Per Share, Diluted [Abstract] </link:label>
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<link:label id="lab_bac_NetIncomeLossAvailableToCommonShareholdersDiluted_9D19261DF62D36E7E0853F4F08D8EBE2_totalLabel_en-US" xlink:label="lab_bac_NetIncomeLossAvailableToCommonShareholdersDiluted_9D19261DF62D36E7E0853F4F08D8EBE2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Net Income (Loss) Applicable to Common Shareholders, Diluted </link:label>
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<link:label id="lab_us-gaap_UndistributedEarningsDiluted_1D5CC111351D7A503FD43F4F095D6B9C_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_UndistributedEarningsDiluted_1D5CC111351D7A503FD43F4F095D6B9C" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Undistributed Earnings, Diluted </link:label>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_UndistributedEarningsDiluted" xlink:label="loc_us-gaap_UndistributedEarningsDiluted_1D5CC111351D7A503FD43F4F095D6B9C" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DebtSecuritiesMember_38B0DFBD4466C599D3E8F9854EC3AF09_label_en-US" xlink:label="lab_us-gaap_DebtSecuritiesMember_38B0DFBD4466C599D3E8F9854EC3AF09" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Debt Securities [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DebtSecuritiesMember" xlink:label="loc_us-gaap_DebtSecuritiesMember_38B0DFBD4466C599D3E8F9854EC3AF09" xlink:type="locator"/>
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<link:label id="lab_us-gaap_RealEstateMember_89C6141101F187AF3B7DF986983FC150_label_en-US" xlink:label="lab_us-gaap_RealEstateMember_89C6141101F187AF3B7DF986983FC150" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Real Estate [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_RealEstateMember" xlink:label="loc_us-gaap_RealEstateMember_89C6141101F187AF3B7DF986983FC150" xlink:type="locator"/>
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<link:label id="lab_us-gaap_InvestmentTypeAxis_AD2D2DDA828CAC883189F9830073877E_label_en-US" xlink:label="lab_us-gaap_InvestmentTypeAxis_AD2D2DDA828CAC883189F9830073877E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Investment Type [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_InvestmentTypeAxis" xlink:label="loc_us-gaap_InvestmentTypeAxis_AD2D2DDA828CAC883189F9830073877E" xlink:type="locator"/>
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<link:label id="lab_us-gaap_InvestmentTypeCategorizationMember_A6EC67E6F898A9B5D408FCC86537B395_label_en-US" xlink:label="lab_us-gaap_InvestmentTypeCategorizationMember_A6EC67E6F898A9B5D408FCC86537B395" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Investment Type Categorization [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="loc_us-gaap_InvestmentTypeCategorizationMember_A6EC67E6F898A9B5D408FCC86537B395" xlink:type="locator"/>
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<link:label id="lab_us-gaap_EquitySecuritiesMember_017774991F907C6F0A4FF98358D68619_terseLabel_en-US" xlink:label="lab_us-gaap_EquitySecuritiesMember_017774991F907C6F0A4FF98358D68619" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Equity Securities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_EquitySecuritiesMember" xlink:label="loc_us-gaap_EquitySecuritiesMember_017774991F907C6F0A4FF98358D68619" xlink:type="locator"/>
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<link:label id="lab_bac_NonqualifiedAndOtherPensionPlansMember_8C5DD632A57B70758B0298D2C12D3071_terseLabel_en-US" xlink:label="lab_bac_NonqualifiedAndOtherPensionPlansMember_8C5DD632A57B70758B0298D2C12D3071" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Nonqualified and Other Pension Plans [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_NonqualifiedAndOtherPensionPlansMember" xlink:label="loc_bac_NonqualifiedAndOtherPensionPlansMember_8C5DD632A57B70758B0298D2C12D3071" xlink:type="locator"/>
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<link:label id="lab_bac_PriorYearsMarketGainsLossesRecognizedByAssetValuationMethodForQualifiedPensionPlans_6397F8A9A692411A661EF7FC3C535DB0_terseLabel_en-US" xlink:label="lab_bac_PriorYearsMarketGainsLossesRecognizedByAssetValuationMethodForQualifiedPensionPlans_6397F8A9A692411A661EF7FC3C535DB0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Prior Years Market Gains Losses Recognized By Asset Valuation Method For Qualified Pension Plans </link:label>
<link:label id="lab_bac_PriorYearsMarketGainsLossesRecognizedByAssetValuationMethodForQualifiedPensionPlans_6397F8A9A692411A661EF7FC3C535DB0_label_en-US" xlink:label="lab_bac_PriorYearsMarketGainsLossesRecognizedByAssetValuationMethodForQualifiedPensionPlans_6397F8A9A692411A661EF7FC3C535DB0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Prior Years Market Gains Losses Recognized By Asset Valuation Method For Qualified Pension Plans </link:label>
<link:label id="lab_bac_PriorYearsMarketGainsLossesRecognizedByAssetValuationMethodForQualifiedPensionPlans_6397F8A9A692411A661EF7FC3C535DB0_documentation_en-US" xlink:label="lab_bac_PriorYearsMarketGainsLossesRecognizedByAssetValuationMethodForQualifiedPensionPlans_6397F8A9A692411A661EF7FC3C535DB0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents the prior years market gains losses recognized by asset valuation method for qualified pension plans. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PriorYearsMarketGainsLossesRecognizedByAssetValuationMethodForQualifiedPensionPlans" xlink:label="loc_bac_PriorYearsMarketGainsLossesRecognizedByAssetValuationMethodForQualifiedPensionPlans_6397F8A9A692411A661EF7FC3C535DB0" xlink:type="locator"/>
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<link:label id="lab_bac_RemainingMarketGainsLossesRecognizedByAssetValuationMethodForQualifiedPensionPlans_7DF746F745AF2487B516F7FE2AA1F769_terseLabel_en-US" xlink:label="lab_bac_RemainingMarketGainsLossesRecognizedByAssetValuationMethodForQualifiedPensionPlans_7DF746F745AF2487B516F7FE2AA1F769" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Remaining Market Gains Losses Recognized By Asset Valuation Method For Qualified Pension Plans </link:label>
<link:label id="lab_bac_RemainingMarketGainsLossesRecognizedByAssetValuationMethodForQualifiedPensionPlans_7DF746F745AF2487B516F7FE2AA1F769_label_en-US" xlink:label="lab_bac_RemainingMarketGainsLossesRecognizedByAssetValuationMethodForQualifiedPensionPlans_7DF746F745AF2487B516F7FE2AA1F769" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Remaining Market Gains Losses Recognized By Asset Valuation Method For Qualified Pension Plans </link:label>
<link:label id="lab_bac_RemainingMarketGainsLossesRecognizedByAssetValuationMethodForQualifiedPensionPlans_7DF746F745AF2487B516F7FE2AA1F769_documentation_en-US" xlink:label="lab_bac_RemainingMarketGainsLossesRecognizedByAssetValuationMethodForQualifiedPensionPlans_7DF746F745AF2487B516F7FE2AA1F769" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents the remaining market gains losses recognized by asset valuation method for qualified pension plans. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_RemainingMarketGainsLossesRecognizedByAssetValuationMethodForQualifiedPensionPlans" xlink:label="loc_bac_RemainingMarketGainsLossesRecognizedByAssetValuationMethodForQualifiedPensionPlans_7DF746F745AF2487B516F7FE2AA1F769" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanEstimatedFutureEmployerContributionsInNextFiscalYear_8FD5C76CAFBEBD588C1998D2C0AB2038_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanEstimatedFutureEmployerContributionsInNextFiscalYear_8FD5C76CAFBEBD588C1998D2C0AB2038" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Estimated Future Employer Contributions in Next Fiscal Year </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanEstimatedFutureEmployerContributionsInNextFiscalYear_8FD5C76CAFBEBD588C1998D2C0AB2038_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanEstimatedFutureEmployerContributionsInNextFiscalYear_8FD5C76CAFBEBD588C1998D2C0AB2038" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Estimated Future Employer Contributions in Next Fiscal Year </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DefinedBenefitPlanEstimatedFutureEmployerContributionsInNextFiscalYear" xlink:label="loc_us-gaap_DefinedBenefitPlanEstimatedFutureEmployerContributionsInNextFiscalYear_8FD5C76CAFBEBD588C1998D2C0AB2038" xlink:type="locator"/>
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<link:label id="lab_bac_UnrecognizedGainLossPercentageForPostRetirementHealthCarePlan_0C9DB0CE72F409D5CA1CF8CF2FAFC585_terseLabel_en-US" xlink:label="lab_bac_UnrecognizedGainLossPercentageForPostRetirementHealthCarePlan_0C9DB0CE72F409D5CA1CF8CF2FAFC585" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Unrecognized Gain Loss Percentage For Post Retirement Health Care Plan </link:label>
<link:label id="lab_bac_UnrecognizedGainLossPercentageForPostRetirementHealthCarePlan_0C9DB0CE72F409D5CA1CF8CF2FAFC585_label_en-US" xlink:label="lab_bac_UnrecognizedGainLossPercentageForPostRetirementHealthCarePlan_0C9DB0CE72F409D5CA1CF8CF2FAFC585" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Unrecognized Gain Loss Percentage For Post Retirement Health Care Plan </link:label>
<link:label id="lab_bac_UnrecognizedGainLossPercentageForPostRetirementHealthCarePlan_0C9DB0CE72F409D5CA1CF8CF2FAFC585_documentation_en-US" xlink:label="lab_bac_UnrecognizedGainLossPercentageForPostRetirementHealthCarePlan_0C9DB0CE72F409D5CA1CF8CF2FAFC585" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents the unrecognized gain loss percentage for post retirement health care plan. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_UnrecognizedGainLossPercentageForPostRetirementHealthCarePlan" xlink:label="loc_bac_UnrecognizedGainLossPercentageForPostRetirementHealthCarePlan_0C9DB0CE72F409D5CA1CF8CF2FAFC585" xlink:type="locator"/>
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<link:label id="lab_bac_IncreaseInPlanAssetsWithRespectToDeclineInDiscountRate_CFF18115F1CBE3B2AD32F8D477116890_terseLabel_en-US" xlink:label="lab_bac_IncreaseInPlanAssetsWithRespectToDeclineInDiscountRate_CFF18115F1CBE3B2AD32F8D477116890" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Increase In Plan Assets With Respect To Decline In Discount Rate </link:label>
<link:label id="lab_bac_IncreaseInPlanAssetsWithRespectToDeclineInDiscountRate_CFF18115F1CBE3B2AD32F8D477116890_label_en-US" xlink:label="lab_bac_IncreaseInPlanAssetsWithRespectToDeclineInDiscountRate_CFF18115F1CBE3B2AD32F8D477116890" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Increase In Plan Assets With Respect To Decline In Discount Rate </link:label>
<link:label id="lab_bac_IncreaseInPlanAssetsWithRespectToDeclineInDiscountRate_CFF18115F1CBE3B2AD32F8D477116890_documentation_en-US" xlink:label="lab_bac_IncreaseInPlanAssetsWithRespectToDeclineInDiscountRate_CFF18115F1CBE3B2AD32F8D477116890" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Increase in plan assets with respect to decline in discount rate. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_IncreaseInPlanAssetsWithRespectToDeclineInDiscountRate" xlink:label="loc_bac_IncreaseInPlanAssetsWithRespectToDeclineInDiscountRate_CFF18115F1CBE3B2AD32F8D477116890" xlink:type="locator"/>
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<link:label id="lab_bac_IncreaseInPlanAssetsWithRespectToDeclineInExpectedReturn_FB1DB684589869FF80B2F8D661119B0D_terseLabel_en-US" xlink:label="lab_bac_IncreaseInPlanAssetsWithRespectToDeclineInExpectedReturn_FB1DB684589869FF80B2F8D661119B0D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Increase In Plan Assets With Respect To Decline In Expected Return </link:label>
<link:label id="lab_bac_IncreaseInPlanAssetsWithRespectToDeclineInExpectedReturn_FB1DB684589869FF80B2F8D661119B0D_label_en-US" xlink:label="lab_bac_IncreaseInPlanAssetsWithRespectToDeclineInExpectedReturn_FB1DB684589869FF80B2F8D661119B0D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Increase In Plan Assets With Respect To Decline In Expected Return </link:label>
<link:label id="lab_bac_IncreaseInPlanAssetsWithRespectToDeclineInExpectedReturn_FB1DB684589869FF80B2F8D661119B0D_documentation_en-US" xlink:label="lab_bac_IncreaseInPlanAssetsWithRespectToDeclineInExpectedReturn_FB1DB684589869FF80B2F8D661119B0D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Increase in plan assets with respect to decline in expected return. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_IncreaseInPlanAssetsWithRespectToDeclineInExpectedReturn" xlink:label="loc_bac_IncreaseInPlanAssetsWithRespectToDeclineInExpectedReturn_FB1DB684589869FF80B2F8D661119B0D" xlink:type="locator"/>
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<link:label id="lab_bac_DefinedBenefitPlanDeclineInRatesThresholdToAnalyzeSignificantImpactToPlanPercent_EFD313B6E4A8CAD10C9098CBF2541503_terseLabel_en-US" xlink:label="lab_bac_DefinedBenefitPlanDeclineInRatesThresholdToAnalyzeSignificantImpactToPlanPercent_EFD313B6E4A8CAD10C9098CBF2541503" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan Decline in Rates Threshold to Analyze Significant Impact to Plan, Percent </link:label>
<link:label id="lab_bac_DefinedBenefitPlanDeclineInRatesThresholdToAnalyzeSignificantImpactToPlanPercent_EFD313B6E4A8CAD10C9098CBF2541503_label_en-US" xlink:label="lab_bac_DefinedBenefitPlanDeclineInRatesThresholdToAnalyzeSignificantImpactToPlanPercent_EFD313B6E4A8CAD10C9098CBF2541503" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan Decline in Rates Threshold to Analyze Significant Impact to Plan, Percent </link:label>
<link:label id="lab_bac_DefinedBenefitPlanDeclineInRatesThresholdToAnalyzeSignificantImpactToPlanPercent_EFD313B6E4A8CAD10C9098CBF2541503_documentation_en-US" xlink:label="lab_bac_DefinedBenefitPlanDeclineInRatesThresholdToAnalyzeSignificantImpactToPlanPercent_EFD313B6E4A8CAD10C9098CBF2541503" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan Decline in Rates Threshold to Analyze Significant Impact to Plan, Percent </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_DefinedBenefitPlanDeclineInRatesThresholdToAnalyzeSignificantImpactToPlanPercent" xlink:label="loc_bac_DefinedBenefitPlanDeclineInRatesThresholdToAnalyzeSignificantImpactToPlanPercent_EFD313B6E4A8CAD10C9098CBF2541503" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanHealthCareCostTrendRateAssumedForNextFiscalYear_C4A5284CD40A8E80E30AF8DB4E992EDC_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanHealthCareCostTrendRateAssumedForNextFiscalYear_C4A5284CD40A8E80E30AF8DB4E992EDC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Health Care Cost Trend Rate Assumed for Next Fiscal Year </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanHealthCareCostTrendRateAssumedForNextFiscalYear_C4A5284CD40A8E80E30AF8DB4E992EDC_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanHealthCareCostTrendRateAssumedForNextFiscalYear_C4A5284CD40A8E80E30AF8DB4E992EDC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Health Care Cost Trend Rate Assumed for Next Fiscal Year </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DefinedBenefitPlanHealthCareCostTrendRateAssumedForNextFiscalYear" xlink:label="loc_us-gaap_DefinedBenefitPlanHealthCareCostTrendRateAssumedForNextFiscalYear_C4A5284CD40A8E80E30AF8DB4E992EDC" xlink:type="locator"/>
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<link:label id="lab_bac_ReductionInAssumedHealthCareCostTrendRate_FF5D12C6078BA9CDCF07F8DE7D8A34A7_terseLabel_en-US" xlink:label="lab_bac_ReductionInAssumedHealthCareCostTrendRate_FF5D12C6078BA9CDCF07F8DE7D8A34A7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Reduction In Assumed Health Care Cost Trend Rate </link:label>
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<link:label id="lab_us-gaap_DefinedBenefitPlanEffectOfOnePercentagePointDecreaseOnServiceAndInterestCostComponents_8FC25FC6F1C4332229ECF8E668DAB9BF_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanEffectOfOnePercentagePointDecreaseOnServiceAndInterestCostComponents_8FC25FC6F1C4332229ECF8E668DAB9BF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Effect of One Percentage Point Decrease on Service and Interest Cost Components </link:label>
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<link:label id="lab_us-gaap_DefinedBenefitPlanEffectOfOnePercentagePointDecreaseOnAccumulatedPostretirementBenefitObligation_94BCB058DFDEC8D18578F8E85ACF29C7_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanEffectOfOnePercentagePointDecreaseOnAccumulatedPostretirementBenefitObligation_94BCB058DFDEC8D18578F8E85ACF29C7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Effect of One Percentage Point Decrease on Accumulated Postretirement Benefit Obligation </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DefinedBenefitPlanEffectOfOnePercentagePointDecreaseOnAccumulatedPostretirementBenefitObligation" xlink:label="loc_us-gaap_DefinedBenefitPlanEffectOfOnePercentagePointDecreaseOnAccumulatedPostretirementBenefitObligation_94BCB058DFDEC8D18578F8E85ACF29C7" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets_C2D5FEDA4C48C6BD8A84F982281EFF57_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets_C2D5FEDA4C48C6BD8A84F982281EFF57" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Weighted-Average Assumptions, Expected Return on Plan Assets </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets_C2D5FEDA4C48C6BD8A84F982281EFF57_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets_C2D5FEDA4C48C6BD8A84F982281EFF57" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Expected Long-term Return on Assets </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets" xlink:label="loc_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets_C2D5FEDA4C48C6BD8A84F982281EFF57" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanAmountOfEmployerAndRelatedPartySecuritiesIncludedInPlanAssets_2DD714098F30426A1615F98F02E2BF00_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAmountOfEmployerAndRelatedPartySecuritiesIncludedInPlanAssets_2DD714098F30426A1615F98F02E2BF00" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Amount of Employer and Related Party Securities Included in Plan Assets </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanAmountOfEmployerAndRelatedPartySecuritiesIncludedInPlanAssets_2DD714098F30426A1615F98F02E2BF00_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAmountOfEmployerAndRelatedPartySecuritiesIncludedInPlanAssets_2DD714098F30426A1615F98F02E2BF00" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Amount of Employer and Related Party Securities Included in Plan Assets </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DefinedBenefitPlanAmountOfEmployerAndRelatedPartySecuritiesIncludedInPlanAssets" xlink:label="loc_us-gaap_DefinedBenefitPlanAmountOfEmployerAndRelatedPartySecuritiesIncludedInPlanAssets_2DD714098F30426A1615F98F02E2BF00" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanEquitySecurities_F4E6DD232292ADAFB1B4F990D29DD495_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanEquitySecurities_F4E6DD232292ADAFB1B4F990D29DD495" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Equity Securities </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanEquitySecurities_F4E6DD232292ADAFB1B4F990D29DD495_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanEquitySecurities_F4E6DD232292ADAFB1B4F990D29DD495" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Equity Securities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DefinedBenefitPlanEquitySecurities" xlink:label="loc_us-gaap_DefinedBenefitPlanEquitySecurities_F4E6DD232292ADAFB1B4F990D29DD495" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedContributionPensionAndOtherPostretirementPlansDisclosureAbstract_04E5F5AE192BA324619797DDD68BB5F9_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedContributionPensionAndOtherPostretirementPlansDisclosureAbstract_04E5F5AE192BA324619797DDD68BB5F9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Defined Contribution Pension and Other Postretirement Plans Disclosure [Abstract] </link:label>
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<link:label id="lab_bac_ContributionToQualifiedDefinedContributionPlansCash_5D59473459C41F7DA97897DF791AC3E8_terseLabel_en-US" xlink:label="lab_bac_ContributionToQualifiedDefinedContributionPlansCash_5D59473459C41F7DA97897DF791AC3E8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Contribution To Qualified Defined Contribution Plans Cash </link:label>
<link:label id="lab_bac_ContributionToQualifiedDefinedContributionPlansCash_5D59473459C41F7DA97897DF791AC3E8_label_en-US" xlink:label="lab_bac_ContributionToQualifiedDefinedContributionPlansCash_5D59473459C41F7DA97897DF791AC3E8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Contribution To Qualified Defined Contribution Plans Cash </link:label>
<link:label id="lab_bac_ContributionToQualifiedDefinedContributionPlansCash_5D59473459C41F7DA97897DF791AC3E8_documentation_en-US" xlink:label="lab_bac_ContributionToQualifiedDefinedContributionPlansCash_5D59473459C41F7DA97897DF791AC3E8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents the contribution to qualified defined contribution plans cash. </link:label>
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<link:label id="lab_bac_CommonStockHeldByDefinedContributionPlansShares_DBA772C00BB62C7B7158FCBE4A69C972_terseLabel_en-US" xlink:label="lab_bac_CommonStockHeldByDefinedContributionPlansShares_DBA772C00BB62C7B7158FCBE4A69C972" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Common Stock Held By Defined Contribution Plans Shares </link:label>
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<link:label id="lab_bac_CommonStockHeldByDefinedContributionPlansShares_DBA772C00BB62C7B7158FCBE4A69C972_documentation_en-US" xlink:label="lab_bac_CommonStockHeldByDefinedContributionPlansShares_DBA772C00BB62C7B7158FCBE4A69C972" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents the common stock held by defined contribution plans shares. </link:label>
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<link:label id="lab_bac_PaymentsToPlansForDividendsOnCommonStock_A3760621C9940A9FDFA5FCC0BCEEB434_terseLabel_en-US" xlink:label="lab_bac_PaymentsToPlansForDividendsOnCommonStock_A3760621C9940A9FDFA5FCC0BCEEB434" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Payments To Plans For Dividends On Common Stock </link:label>
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<link:label id="lab_bac_PaymentsToPlansForDividendsOnCommonStock_A3760621C9940A9FDFA5FCC0BCEEB434_documentation_en-US" xlink:label="lab_bac_PaymentsToPlansForDividendsOnCommonStock_A3760621C9940A9FDFA5FCC0BCEEB434" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents the payments to plans for dividends on common stock. </link:label>
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<link:label id="lab_bac_SecuritizationsAndOtherVariableInterestEntitiesAbstract_B565D8A64D5EB4329693C0C7E86C8901_label_en-US" xlink:label="lab_bac_SecuritizationsAndOtherVariableInterestEntitiesAbstract_B565D8A64D5EB4329693C0C7E86C8901" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securitizations and Other Variable Interest Entities [Abstract] </link:label>
<link:label id="lab_bac_SecuritizationsAndOtherVariableInterestEntitiesAbstract_B565D8A64D5EB4329693C0C7E86C8901_documentation_en-US" xlink:label="lab_bac_SecuritizationsAndOtherVariableInterestEntitiesAbstract_B565D8A64D5EB4329693C0C7E86C8901" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Securitizations and Other Variable Interest Entities Abstract. </link:label>
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<link:label id="lab_us-gaap_ScheduleOfVariableInterestEntitiesTable_0E360F6E6B096C15DC80C0E7C2C393C8_label_en-US" xlink:label="lab_us-gaap_ScheduleOfVariableInterestEntitiesTable_0E360F6E6B096C15DC80C0E7C2C393C8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Variable Interest Entities [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ScheduleOfVariableInterestEntitiesTable" xlink:label="loc_us-gaap_ScheduleOfVariableInterestEntitiesTable_0E360F6E6B096C15DC80C0E7C2C393C8" xlink:type="locator"/>
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<link:label id="lab_bac_FinancialInstrumentAxis_B2DE9F98EE2B96C6A527C0E5A04B87F9_label_en-US" xlink:label="lab_bac_FinancialInstrumentAxis_B2DE9F98EE2B96C6A527C0E5A04B87F9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financial Instrument [Axis] </link:label>
<link:label id="lab_bac_FinancialInstrumentAxis_B2DE9F98EE2B96C6A527C0E5A04B87F9_documentation_en-US" xlink:label="lab_bac_FinancialInstrumentAxis_B2DE9F98EE2B96C6A527C0E5A04B87F9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Financial Instrument [Axis] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_FinancialInstrumentAxis" xlink:label="loc_bac_FinancialInstrumentAxis_B2DE9F98EE2B96C6A527C0E5A04B87F9" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_FinancialInstrumentAxis_B2DE9F98EE2B96C6A527C0E5A04B87F9" xlink:to="lab_bac_FinancialInstrumentAxis_B2DE9F98EE2B96C6A527C0E5A04B87F9" xlink:type="arc"/>
<link:label id="lab_bac_FinancialInstrumentsByPrimaryCategorizationDomain_78FEF025717E4411D287C0E732D56D1D_label_en-US" xlink:label="lab_bac_FinancialInstrumentsByPrimaryCategorizationDomain_78FEF025717E4411D287C0E732D56D1D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financial Instruments By Primary Categorization [Domain] </link:label>
<link:label id="lab_bac_FinancialInstrumentsByPrimaryCategorizationDomain_78FEF025717E4411D287C0E732D56D1D_documentation_en-US" xlink:label="lab_bac_FinancialInstrumentsByPrimaryCategorizationDomain_78FEF025717E4411D287C0E732D56D1D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Financial Instruments By Primary Categorization [Domain] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_FinancialInstrumentsByPrimaryCategorizationDomain" xlink:label="loc_bac_FinancialInstrumentsByPrimaryCategorizationDomain_78FEF025717E4411D287C0E732D56D1D" xlink:type="locator"/>
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<link:label id="lab_bac_FirstLienMortgagesMember_520D686EEA8EECC86462C0E5E4DB4967_label_en-US" xlink:label="lab_bac_FirstLienMortgagesMember_520D686EEA8EECC86462C0E5E4DB4967" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> First Lien Mortgages [Member] </link:label>
<link:label id="lab_bac_FirstLienMortgagesMember_520D686EEA8EECC86462C0E5E4DB4967_documentation_en-US" xlink:label="lab_bac_FirstLienMortgagesMember_520D686EEA8EECC86462C0E5E4DB4967" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> A loan to an individual to purchase or refinance residential real estate such as a home, in which the real estate itself serves as collateral for the loan, but consisting of only first liens. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_FirstLienMortgagesMember" xlink:label="loc_bac_FirstLienMortgagesMember_520D686EEA8EECC86462C0E5E4DB4967" xlink:type="locator"/>
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<link:label id="lab_us-gaap_HomeEquityMember_FB83335C8C03F0C8C8BBC0E9F9DA79EC_label_en-US" xlink:label="lab_us-gaap_HomeEquityMember_FB83335C8C03F0C8C8BBC0E9F9DA79EC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Home Equity [Member] </link:label>
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<link:label id="lab_us-gaap_CreditCardReceivablesMember_E790C2B188987EAFA688C0F0A3AA23B4_label_en-US" xlink:label="lab_us-gaap_CreditCardReceivablesMember_E790C2B188987EAFA688C0F0A3AA23B4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Credit Card Receivable [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CreditCardReceivablesMember" xlink:label="loc_us-gaap_CreditCardReceivablesMember_E790C2B188987EAFA688C0F0A3AA23B4" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CollateralizedSecuritiesOtherMember_5FD8116797E08F47BF31C10B845BB6D0_label_en-US" xlink:label="lab_us-gaap_CollateralizedSecuritiesOtherMember_5FD8116797E08F47BF31C10B845BB6D0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Collateralized Securities, Other [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CollateralizedSecuritiesOtherMember" xlink:label="loc_us-gaap_CollateralizedSecuritiesOtherMember_5FD8116797E08F47BF31C10B845BB6D0" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CollateralizedDebtObligationsMember_476EB96062EE54653B80C10F11BC5E5B_label_en-US" xlink:label="lab_us-gaap_CollateralizedDebtObligationsMember_476EB96062EE54653B80C10F11BC5E5B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Collateralized Debt Obligations [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CollateralizedDebtObligationsMember" xlink:label="loc_us-gaap_CollateralizedDebtObligationsMember_476EB96062EE54653B80C10F11BC5E5B" xlink:type="locator"/>
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<link:label id="lab_bac_CustomerVehiclesMember_E327BACC24D25DF884988A13280AB3B7_terseLabel_en-US" xlink:label="lab_bac_CustomerVehiclesMember_E327BACC24D25DF884988A13280AB3B7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Customer Vehicles [Member] </link:label>
<link:label id="lab_bac_CustomerVehiclesMember_E327BACC24D25DF884988A13280AB3B7_label_en-US" xlink:label="lab_bac_CustomerVehiclesMember_E327BACC24D25DF884988A13280AB3B7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Customer Vehicles [Member] </link:label>
<link:label id="lab_bac_CustomerVehiclesMember_E327BACC24D25DF884988A13280AB3B7_documentation_en-US" xlink:label="lab_bac_CustomerVehiclesMember_E327BACC24D25DF884988A13280AB3B7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Customer Vehicles. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CustomerVehiclesMember" xlink:label="loc_bac_CustomerVehiclesMember_E327BACC24D25DF884988A13280AB3B7" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CustomerVehiclesMember_E327BACC24D25DF884988A13280AB3B7" xlink:to="lab_bac_CustomerVehiclesMember_E327BACC24D25DF884988A13280AB3B7" xlink:type="arc"/>
<link:label id="lab_bac_OtherVariableInterestEntityInvestmentVehicleMember_3DF97C7154EECEEF2F478A18F209C398_terseLabel_en-US" xlink:label="lab_bac_OtherVariableInterestEntityInvestmentVehicleMember_3DF97C7154EECEEF2F478A18F209C398" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other Variable Interest Entity Investment Vehicle [Member] </link:label>
<link:label id="lab_bac_OtherVariableInterestEntityInvestmentVehicleMember_3DF97C7154EECEEF2F478A18F209C398_label_en-US" xlink:label="lab_bac_OtherVariableInterestEntityInvestmentVehicleMember_3DF97C7154EECEEF2F478A18F209C398" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Variable Interest Entity Investment Vehicle [Member] </link:label>
<link:label id="lab_bac_OtherVariableInterestEntityInvestmentVehicleMember_3DF97C7154EECEEF2F478A18F209C398_documentation_en-US" xlink:label="lab_bac_OtherVariableInterestEntityInvestmentVehicleMember_3DF97C7154EECEEF2F478A18F209C398" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Other Variable Interest Entity Investment Vehicle [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_OtherVariableInterestEntityInvestmentVehicleMember" xlink:label="loc_bac_OtherVariableInterestEntityInvestmentVehicleMember_3DF97C7154EECEEF2F478A18F209C398" xlink:type="locator"/>
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<link:label id="lab_us-gaap_VariableInterestEntityLineItems_06273582C867C7871D30C0E8A6FD60ED_label_en-US" xlink:label="lab_us-gaap_VariableInterestEntityLineItems_06273582C867C7871D30C0E8A6FD60ED" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Variable Interest Entity [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="loc_us-gaap_VariableInterestEntityLineItems_06273582C867C7871D30C0E8A6FD60ED" xlink:type="locator"/>
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<link:label id="lab_bac_MortgageRelatedSecuritizationsTableTextBlock_C993992F0E728FCD0B0CC0CBF38E0F7B_terseLabel_en-US" xlink:label="lab_bac_MortgageRelatedSecuritizationsTableTextBlock_C993992F0E728FCD0B0CC0CBF38E0F7B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Mortgage Related Securitizations [Table Text Block] </link:label>
<link:label id="lab_bac_MortgageRelatedSecuritizationsTableTextBlock_C993992F0E728FCD0B0CC0CBF38E0F7B_label_en-US" xlink:label="lab_bac_MortgageRelatedSecuritizationsTableTextBlock_C993992F0E728FCD0B0CC0CBF38E0F7B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Mortgage Related Securitizations [Table Text Block] </link:label>
<link:label id="lab_bac_MortgageRelatedSecuritizationsTableTextBlock_C993992F0E728FCD0B0CC0CBF38E0F7B_documentation_en-US" xlink:label="lab_bac_MortgageRelatedSecuritizationsTableTextBlock_C993992F0E728FCD0B0CC0CBF38E0F7B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Mortgage Related Securitizations. </link:label>
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<link:label id="lab_us-gaap_ScheduleOfVariableInterestEntitiesTextBlock_7C690B1779C6394F2A6CC0D39B62794C_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfVariableInterestEntitiesTextBlock_7C690B1779C6394F2A6CC0D39B62794C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Variable Interest Entities [Table Text Block] </link:label>
<link:label id="lab_us-gaap_ScheduleOfVariableInterestEntitiesTextBlock_7C690B1779C6394F2A6CC0D39B62794C_label_en-US" xlink:label="lab_us-gaap_ScheduleOfVariableInterestEntitiesTextBlock_7C690B1779C6394F2A6CC0D39B62794C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Variable Interest Entities [Table Text Block] </link:label>
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<link:label id="lab_us-gaap_DefinedBenefitPlanFairValueOfPlanAssetsByMeasurementAxis_DE4537DF2367DBA53BDBFC1A4456FE69_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanFairValueOfPlanAssetsByMeasurementAxis_DE4537DF2367DBA53BDBFC1A4456FE69" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Fair Value of Plan Assets by Measurement [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DefinedBenefitPlanFairValueOfPlanAssetsByMeasurementAxis" xlink:label="loc_us-gaap_DefinedBenefitPlanFairValueOfPlanAssetsByMeasurementAxis_DE4537DF2367DBA53BDBFC1A4456FE69" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FairValuePlanAssetMeasurementDomain_04F44AC66CF6D34EE4EDFC1A44561DD6_label_en-US" xlink:label="lab_us-gaap_FairValuePlanAssetMeasurementDomain_04F44AC66CF6D34EE4EDFC1A44561DD6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value Plan Asset Measurement [Domain] </link:label>
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<link:label id="lab_us-gaap_FairValueInputsLevel3Member_62823A769C1B84B4D970FC1A4533F4EC_label_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel3Member_62823A769C1B84B4D970FC1A4533F4EC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Inputs, Level 3 [Member] </link:label>
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<link:label id="lab_us-gaap_FixedIncomeInvestmentsMember_EFD2C059B05FBB607FCCFC1A43FC9DCE_label_en-US" xlink:label="lab_us-gaap_FixedIncomeInvestmentsMember_EFD2C059B05FBB607FCCFC1A43FC9DCE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fixed Income Investments [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FixedIncomeInvestmentsMember" xlink:label="loc_us-gaap_FixedIncomeInvestmentsMember_EFD2C059B05FBB607FCCFC1A43FC9DCE" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FixedIncomeInvestmentsMember_EFD2C059B05FBB607FCCFC1A43FC9DCE" xlink:to="lab_us-gaap_FixedIncomeInvestmentsMember_EFD2C059B05FBB607FCCFC1A43FC9DCE" xlink:type="arc"/>
<link:label id="lab_us-gaap_RealEstateInvestmentMember_28EFB55D74E5E09F13D1FC2401954D0A_label_en-US" xlink:label="lab_us-gaap_RealEstateInvestmentMember_28EFB55D74E5E09F13D1FC2401954D0A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Real Estate Investment [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_RealEstateInvestmentMember" xlink:label="loc_us-gaap_RealEstateInvestmentMember_28EFB55D74E5E09F13D1FC2401954D0A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RealEstateInvestmentMember_28EFB55D74E5E09F13D1FC2401954D0A" xlink:to="lab_us-gaap_RealEstateInvestmentMember_28EFB55D74E5E09F13D1FC2401954D0A" xlink:type="arc"/>
<link:label id="lab_bac_LimitedPartnershipsMember_D5A0850D068455DCE104FC27BE87EC64_label_en-US" xlink:label="lab_bac_LimitedPartnershipsMember_D5A0850D068455DCE104FC27BE87EC64" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Limited Partnerships [Member] </link:label>
<link:label id="lab_bac_LimitedPartnershipsMember_D5A0850D068455DCE104FC27BE87EC64_documentation_en-US" xlink:label="lab_bac_LimitedPartnershipsMember_D5A0850D068455DCE104FC27BE87EC64" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Limited partnerships. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_LimitedPartnershipsMember" xlink:label="loc_bac_LimitedPartnershipsMember_D5A0850D068455DCE104FC27BE87EC64" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_LimitedPartnershipsMember_D5A0850D068455DCE104FC27BE87EC64" xlink:to="lab_bac_LimitedPartnershipsMember_D5A0850D068455DCE104FC27BE87EC64" xlink:type="arc"/>
<link:label id="lab_us-gaap_OtherInvestmentsMember_D81AC6E1C44949CC2535FC28F469DB4D_label_en-US" xlink:label="lab_us-gaap_OtherInvestmentsMember_D81AC6E1C44949CC2535FC28F469DB4D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Investments [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_OtherInvestmentsMember" xlink:label="loc_us-gaap_OtherInvestmentsMember_D81AC6E1C44949CC2535FC28F469DB4D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherInvestmentsMember_D81AC6E1C44949CC2535FC28F469DB4D" xlink:to="lab_us-gaap_OtherInvestmentsMember_D81AC6E1C44949CC2535FC28F469DB4D" xlink:type="arc"/>
<link:label id="lab_us-gaap_USTreasuryAndGovernmentMember_AED8D73AAA4A19F259B0FC1A4684D2A7_label_en-US" xlink:label="lab_us-gaap_USTreasuryAndGovernmentMember_AED8D73AAA4A19F259B0FC1A4684D2A7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> US Treasury and Government [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_USTreasuryAndGovernmentMember" xlink:label="loc_us-gaap_USTreasuryAndGovernmentMember_AED8D73AAA4A19F259B0FC1A4684D2A7" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_USTreasuryAndGovernmentMember_AED8D73AAA4A19F259B0FC1A4684D2A7" xlink:to="lab_us-gaap_USTreasuryAndGovernmentMember_AED8D73AAA4A19F259B0FC1A4684D2A7" xlink:type="arc"/>
<link:label id="lab_us-gaap_CorporateDebtSecuritiesMember_0002C62C487F0510B7BB9C3930C1724E_terseLabel_en-US" xlink:label="lab_us-gaap_CorporateDebtSecuritiesMember_0002C62C487F0510B7BB9C3930C1724E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Corporate Debt Securities [Member] </link:label>
<link:label id="lab_us-gaap_CorporateDebtSecuritiesMember_0002C62C487F0510B7BB9C3930C1724E_label_en-US" xlink:label="lab_us-gaap_CorporateDebtSecuritiesMember_0002C62C487F0510B7BB9C3930C1724E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Corporate Debt Securities [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CorporateDebtSecuritiesMember" xlink:label="loc_us-gaap_CorporateDebtSecuritiesMember_0002C62C487F0510B7BB9C3930C1724E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CorporateDebtSecuritiesMember_0002C62C487F0510B7BB9C3930C1724E" xlink:to="lab_us-gaap_CorporateDebtSecuritiesMember_0002C62C487F0510B7BB9C3930C1724E" xlink:type="arc"/>
<link:label id="lab_bac_PrivateRealEstateMember_5D3675367B053DA165DDFC226267A1E3_label_en-US" xlink:label="lab_bac_PrivateRealEstateMember_5D3675367B053DA165DDFC226267A1E3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Private Real Estate [Member] </link:label>
<link:label id="lab_bac_PrivateRealEstateMember_5D3675367B053DA165DDFC226267A1E3_documentation_en-US" xlink:label="lab_bac_PrivateRealEstateMember_5D3675367B053DA165DDFC226267A1E3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Private real estate. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PrivateRealEstateMember" xlink:label="loc_bac_PrivateRealEstateMember_5D3675367B053DA165DDFC226267A1E3" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_PrivateRealEstateMember_5D3675367B053DA165DDFC226267A1E3" xlink:to="lab_bac_PrivateRealEstateMember_5D3675367B053DA165DDFC226267A1E3" xlink:type="arc"/>
<link:label id="lab_bac_MutualFundsMember_F63466B2BE9B3D293E06FC24E5940B7F_label_en-US" xlink:label="lab_bac_MutualFundsMember_F63466B2BE9B3D293E06FC24E5940B7F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Mutual Funds [Member] </link:label>
<link:label id="lab_bac_MutualFundsMember_F63466B2BE9B3D293E06FC24E5940B7F_documentation_en-US" xlink:label="lab_bac_MutualFundsMember_F63466B2BE9B3D293E06FC24E5940B7F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Mutual Funds. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_MutualFundsMember" xlink:label="loc_bac_MutualFundsMember_F63466B2BE9B3D293E06FC24E5940B7F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_MutualFundsMember_F63466B2BE9B3D293E06FC24E5940B7F" xlink:to="lab_bac_MutualFundsMember_F63466B2BE9B3D293E06FC24E5940B7F" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanFairValueOfPlanAssets_B248D1CBB248756A7F42FC1881FB619B_periodEndLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanFairValueOfPlanAssets_B248D1CBB248756A7F42FC1881FB619B" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, December 31 </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanFairValueOfPlanAssets_B248D1CBB248756A7F42FC1881FB619B_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanFairValueOfPlanAssets_B248D1CBB248756A7F42FC1881FB619B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Fair Value of Plan Assets </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DefinedBenefitPlanFairValueOfPlanAssets" xlink:label="loc_us-gaap_DefinedBenefitPlanFairValueOfPlanAssets_B248D1CBB248756A7F42FC1881FB619B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanFairValueOfPlanAssets_B248D1CBB248756A7F42FC1881FB619B" xlink:to="lab_us-gaap_DefinedBenefitPlanFairValueOfPlanAssets_B248D1CBB248756A7F42FC1881FB619B" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanActualReturnOnPlanAssetsStillHeld_71AE98BA56AA26912646FC1D18601D3C_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanActualReturnOnPlanAssetsStillHeld_71AE98BA56AA26912646FC1D18601D3C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Actual Return on Plan Assets Still Held at the Reporting Date </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanActualReturnOnPlanAssetsStillHeld_71AE98BA56AA26912646FC1D18601D3C_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanActualReturnOnPlanAssetsStillHeld_71AE98BA56AA26912646FC1D18601D3C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Actual Return on Plan Assets Still Held </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DefinedBenefitPlanActualReturnOnPlanAssetsStillHeld" xlink:label="loc_us-gaap_DefinedBenefitPlanActualReturnOnPlanAssetsStillHeld_71AE98BA56AA26912646FC1D18601D3C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanActualReturnOnPlanAssetsStillHeld_71AE98BA56AA26912646FC1D18601D3C" xlink:to="lab_us-gaap_DefinedBenefitPlanActualReturnOnPlanAssetsStillHeld_71AE98BA56AA26912646FC1D18601D3C" xlink:type="arc"/>
<link:label id="lab_bac_DefinedBenefitPlanPurchases_E592646265EDC9FC30FC97C71DF64D67_terseLabel_en-US" xlink:label="lab_bac_DefinedBenefitPlanPurchases_E592646265EDC9FC30FC97C71DF64D67" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Purchases </link:label>
<link:label id="lab_bac_DefinedBenefitPlanPurchases_E592646265EDC9FC30FC97C71DF64D67_label_en-US" xlink:label="lab_bac_DefinedBenefitPlanPurchases_E592646265EDC9FC30FC97C71DF64D67" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Purchases </link:label>
<link:label id="lab_bac_DefinedBenefitPlanPurchases_E592646265EDC9FC30FC97C71DF64D67_documentation_en-US" xlink:label="lab_bac_DefinedBenefitPlanPurchases_E592646265EDC9FC30FC97C71DF64D67" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Purchases of plan assets that occurred during the period. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_DefinedBenefitPlanPurchases" xlink:label="loc_bac_DefinedBenefitPlanPurchases_E592646265EDC9FC30FC97C71DF64D67" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_DefinedBenefitPlanPurchases_E592646265EDC9FC30FC97C71DF64D67" xlink:to="lab_bac_DefinedBenefitPlanPurchases_E592646265EDC9FC30FC97C71DF64D67" xlink:type="arc"/>
<link:label id="lab_bac_DefinedBenefitPlanSalesAndSettlements_9547E0A84CAFBC05DB3B97C5B8A0857D_terseLabel_en-US" xlink:label="lab_bac_DefinedBenefitPlanSalesAndSettlements_9547E0A84CAFBC05DB3B97C5B8A0857D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Sales and Settlements </link:label>
<link:label id="lab_bac_DefinedBenefitPlanSalesAndSettlements_9547E0A84CAFBC05DB3B97C5B8A0857D_label_en-US" xlink:label="lab_bac_DefinedBenefitPlanSalesAndSettlements_9547E0A84CAFBC05DB3B97C5B8A0857D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Sales, and Settlements </link:label>
<link:label id="lab_bac_DefinedBenefitPlanSalesAndSettlements_9547E0A84CAFBC05DB3B97C5B8A0857D_documentation_en-US" xlink:label="lab_bac_DefinedBenefitPlanSalesAndSettlements_9547E0A84CAFBC05DB3B97C5B8A0857D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Sales, and settlements of plan assets that occurred during the period. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_DefinedBenefitPlanSalesAndSettlements" xlink:label="loc_bac_DefinedBenefitPlanSalesAndSettlements_9547E0A84CAFBC05DB3B97C5B8A0857D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_DefinedBenefitPlanSalesAndSettlements_9547E0A84CAFBC05DB3B97C5B8A0857D" xlink:to="lab_bac_DefinedBenefitPlanSalesAndSettlements_9547E0A84CAFBC05DB3B97C5B8A0857D" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanTransfersBetweenMeasurementLevels_DAC9BC5F5C2747F812A3FC1EA36311C8_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanTransfersBetweenMeasurementLevels_DAC9BC5F5C2747F812A3FC1EA36311C8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Transfers into/(out of) Level 3 </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanTransfersBetweenMeasurementLevels_DAC9BC5F5C2747F812A3FC1EA36311C8_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanTransfersBetweenMeasurementLevels_DAC9BC5F5C2747F812A3FC1EA36311C8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Transfers Between Measurement Levels </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DefinedBenefitPlanTransfersBetweenMeasurementLevels" xlink:label="loc_us-gaap_DefinedBenefitPlanTransfersBetweenMeasurementLevels_DAC9BC5F5C2747F812A3FC1EA36311C8" xlink:type="locator"/>
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<link:label id="lab_us-gaap_LongTermDebtAbstract_9C6564632CAD329CBAC9C0271FF672BF_label_en-US" xlink:label="lab_us-gaap_LongTermDebtAbstract_9C6564632CAD329CBAC9C0271FF672BF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Long-term Debt, Unclassified [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LongTermDebtAbstract" xlink:label="loc_us-gaap_LongTermDebtAbstract_9C6564632CAD329CBAC9C0271FF672BF" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DebtInstrumentTable_C0DB72EB594B34436C26C0272196EF66_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentTable_C0DB72EB594B34436C26C0272196EF66" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Long-term Debt Instruments [Table] </link:label>
<link:label id="lab_us-gaap_DebtInstrumentTable_C0DB72EB594B34436C26C0272196EF66_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentTable_C0DB72EB594B34436C26C0272196EF66" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Long-term Debt Instruments [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DebtInstrumentTable" xlink:label="loc_us-gaap_DebtInstrumentTable_C0DB72EB594B34436C26C0272196EF66" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentTable_C0DB72EB594B34436C26C0272196EF66" xlink:to="lab_us-gaap_DebtInstrumentTable_C0DB72EB594B34436C26C0272196EF66" xlink:type="arc"/>
<link:label id="lab_dei_LegalEntityAxis_81F6E8ED569835EBD7FAC02BEDFB6595_label_en-US" xlink:label="lab_dei_LegalEntityAxis_81F6E8ED569835EBD7FAC02BEDFB6595" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Legal Entity [Axis] </link:label>
<link:loc xlink:href="http://xbrl.sec.gov/dei/2011/dei-2011-01-31.xsd#dei_LegalEntityAxis" xlink:label="loc_dei_LegalEntityAxis_81F6E8ED569835EBD7FAC02BEDFB6595" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_LegalEntityAxis_81F6E8ED569835EBD7FAC02BEDFB6595" xlink:to="lab_dei_LegalEntityAxis_81F6E8ED569835EBD7FAC02BEDFB6595" xlink:type="arc"/>
<link:label id="lab_dei_EntityDomain_596CF6C15992A3C31071C02BEF7B41D2_label_en-US" xlink:label="lab_dei_EntityDomain_596CF6C15992A3C31071C02BEF7B41D2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Entity [Domain] </link:label>
<link:loc xlink:href="http://xbrl.sec.gov/dei/2011/dei-2011-01-31.xsd#dei_EntityDomain" xlink:label="loc_dei_EntityDomain_596CF6C15992A3C31071C02BEF7B41D2" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityDomain_596CF6C15992A3C31071C02BEF7B41D2" xlink:to="lab_dei_EntityDomain_596CF6C15992A3C31071C02BEF7B41D2" xlink:type="arc"/>
<link:label id="lab_us-gaap_ParentMember_6E37E503E53C6194C50AC02C368EEC1A_terseLabel_en-US" xlink:label="lab_us-gaap_ParentMember_6E37E503E53C6194C50AC02C368EEC1A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Bank of America Corporation [Member] </link:label>
<link:label id="lab_us-gaap_ParentMember_6E37E503E53C6194C50AC02C368EEC1A_label_en-US" xlink:label="lab_us-gaap_ParentMember_6E37E503E53C6194C50AC02C368EEC1A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Parent [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ParentMember" xlink:label="loc_us-gaap_ParentMember_6E37E503E53C6194C50AC02C368EEC1A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ParentMember_6E37E503E53C6194C50AC02C368EEC1A" xlink:to="lab_us-gaap_ParentMember_6E37E503E53C6194C50AC02C368EEC1A" xlink:type="arc"/>
<link:label id="lab_us-gaap_SubsidiaryOfCommonParentMember_2D5DA51D855EE0097AE8C03391EB46F1_label_en-US" xlink:label="lab_us-gaap_SubsidiaryOfCommonParentMember_2D5DA51D855EE0097AE8C03391EB46F1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Subsidiary of Common Parent [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_SubsidiaryOfCommonParentMember" xlink:label="loc_us-gaap_SubsidiaryOfCommonParentMember_2D5DA51D855EE0097AE8C03391EB46F1" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SubsidiaryOfCommonParentMember_2D5DA51D855EE0097AE8C03391EB46F1" xlink:to="lab_us-gaap_SubsidiaryOfCommonParentMember_2D5DA51D855EE0097AE8C03391EB46F1" xlink:type="arc"/>
<link:label id="lab_bac_ParentCompanyAndOtherSubsidiariesMemberMember_782088BE7551B1FF0143C034312FDED1_label_en-US" xlink:label="lab_bac_ParentCompanyAndOtherSubsidiariesMemberMember_782088BE7551B1FF0143C034312FDED1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Parent Company And Other Subsidiaries Member [Member] </link:label>
<link:label id="lab_bac_ParentCompanyAndOtherSubsidiariesMemberMember_782088BE7551B1FF0143C034312FDED1_documentation_en-US" xlink:label="lab_bac_ParentCompanyAndOtherSubsidiariesMemberMember_782088BE7551B1FF0143C034312FDED1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Parent Company and other subsidiaries Member. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ParentCompanyAndOtherSubsidiariesMemberMember" xlink:label="loc_bac_ParentCompanyAndOtherSubsidiariesMemberMember_782088BE7551B1FF0143C034312FDED1" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ParentCompanyAndOtherSubsidiariesMemberMember_782088BE7551B1FF0143C034312FDED1" xlink:to="lab_bac_ParentCompanyAndOtherSubsidiariesMemberMember_782088BE7551B1FF0143C034312FDED1" xlink:type="arc"/>
<link:label id="lab_bac_OtherSubsidiariesMember_2FEB83FB27343B8DC952C036EA91001C_label_en-US" xlink:label="lab_bac_OtherSubsidiariesMember_2FEB83FB27343B8DC952C036EA91001C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Subsidiaries [Member] </link:label>
<link:label id="lab_bac_OtherSubsidiariesMember_2FEB83FB27343B8DC952C036EA91001C_documentation_en-US" xlink:label="lab_bac_OtherSubsidiariesMember_2FEB83FB27343B8DC952C036EA91001C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Other Subsidiaries [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_OtherSubsidiariesMember" xlink:label="loc_bac_OtherSubsidiariesMember_2FEB83FB27343B8DC952C036EA91001C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_OtherSubsidiariesMember_2FEB83FB27343B8DC952C036EA91001C" xlink:to="lab_bac_OtherSubsidiariesMember_2FEB83FB27343B8DC952C036EA91001C" xlink:type="arc"/>
<link:label id="lab_bac_ExcludingConsolidatedVariableInterestEntitiesMemberMember_0D1507DCFC410B1CC15BC039D26F9800_label_en-US" xlink:label="lab_bac_ExcludingConsolidatedVariableInterestEntitiesMemberMember_0D1507DCFC410B1CC15BC039D26F9800" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Excluding Consolidated Variable Interest Entities Member [Member] </link:label>
<link:label id="lab_bac_ExcludingConsolidatedVariableInterestEntitiesMemberMember_0D1507DCFC410B1CC15BC039D26F9800_documentation_en-US" xlink:label="lab_bac_ExcludingConsolidatedVariableInterestEntitiesMemberMember_0D1507DCFC410B1CC15BC039D26F9800" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Excluding Consolidated Variable Interest Entities Member [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ExcludingConsolidatedVariableInterestEntitiesMemberMember" xlink:label="loc_bac_ExcludingConsolidatedVariableInterestEntitiesMemberMember_0D1507DCFC410B1CC15BC039D26F9800" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ExcludingConsolidatedVariableInterestEntitiesMemberMember_0D1507DCFC410B1CC15BC039D26F9800" xlink:to="lab_bac_ExcludingConsolidatedVariableInterestEntitiesMemberMember_0D1507DCFC410B1CC15BC039D26F9800" xlink:type="arc"/>
<link:label id="lab_bac_LongTermDebtOfConsolidatedViesMember_3F1CB48A84C047716C59C03C958C833F_label_en-US" xlink:label="lab_bac_LongTermDebtOfConsolidatedViesMember_3F1CB48A84C047716C59C03C958C833F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Long Term Debt Of Consolidated VIEs [Member] </link:label>
<link:label id="lab_bac_LongTermDebtOfConsolidatedViesMember_3F1CB48A84C047716C59C03C958C833F_documentation_en-US" xlink:label="lab_bac_LongTermDebtOfConsolidatedViesMember_3F1CB48A84C047716C59C03C958C833F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Long Term Debt Of Consolidated VIEs [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_LongTermDebtOfConsolidatedViesMember" xlink:label="loc_bac_LongTermDebtOfConsolidatedViesMember_3F1CB48A84C047716C59C03C958C833F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_LongTermDebtOfConsolidatedViesMember_3F1CB48A84C047716C59C03C958C833F" xlink:to="lab_bac_LongTermDebtOfConsolidatedViesMember_3F1CB48A84C047716C59C03C958C833F" xlink:type="arc"/>
<link:label id="lab_us-gaap_LongtermDebtTypeAxis_6D3884F5F3F7139AC133C02721965195_terseLabel_en-US" xlink:label="lab_us-gaap_LongtermDebtTypeAxis_6D3884F5F3F7139AC133C02721965195" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Long-term Debt, Type [Axis] </link:label>
<link:label id="lab_us-gaap_LongtermDebtTypeAxis_6D3884F5F3F7139AC133C02721965195_label_en-US" xlink:label="lab_us-gaap_LongtermDebtTypeAxis_6D3884F5F3F7139AC133C02721965195" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Long-term Debt, Type [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LongtermDebtTypeAxis" xlink:label="loc_us-gaap_LongtermDebtTypeAxis_6D3884F5F3F7139AC133C02721965195" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongtermDebtTypeAxis_6D3884F5F3F7139AC133C02721965195" xlink:to="lab_us-gaap_LongtermDebtTypeAxis_6D3884F5F3F7139AC133C02721965195" xlink:type="arc"/>
<link:label id="lab_us-gaap_LongtermDebtTypeDomain_55902FF31D426524FA49C02721961B7D_terseLabel_en-US" xlink:label="lab_us-gaap_LongtermDebtTypeDomain_55902FF31D426524FA49C02721961B7D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Long-term Debt, Type [Domain] </link:label>
<link:label id="lab_us-gaap_LongtermDebtTypeDomain_55902FF31D426524FA49C02721961B7D_label_en-US" xlink:label="lab_us-gaap_LongtermDebtTypeDomain_55902FF31D426524FA49C02721961B7D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Long-term Debt, Type [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LongtermDebtTypeDomain" xlink:label="loc_us-gaap_LongtermDebtTypeDomain_55902FF31D426524FA49C02721961B7D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongtermDebtTypeDomain_55902FF31D426524FA49C02721961B7D" xlink:to="lab_us-gaap_LongtermDebtTypeDomain_55902FF31D426524FA49C02721961B7D" xlink:type="arc"/>
<link:label id="lab_us-gaap_DebtInstrumentAxis_0A1513A66694A01DB254C0272197C330_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentAxis_0A1513A66694A01DB254C0272197C330" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Debt Instrument [Axis] </link:label>
<link:label id="lab_us-gaap_DebtInstrumentAxis_0A1513A66694A01DB254C0272197C330_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentAxis_0A1513A66694A01DB254C0272197C330" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Debt Instrument [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="loc_us-gaap_DebtInstrumentAxis_0A1513A66694A01DB254C0272197C330" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentAxis_0A1513A66694A01DB254C0272197C330" xlink:to="lab_us-gaap_DebtInstrumentAxis_0A1513A66694A01DB254C0272197C330" xlink:type="arc"/>
<link:label id="lab_us-gaap_DebtInstrumentNameDomain_5C59C7B815202550702BC027219703BE_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentNameDomain_5C59C7B815202550702BC027219703BE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Debt Instrument, Name [Domain] </link:label>
<link:label id="lab_us-gaap_DebtInstrumentNameDomain_5C59C7B815202550702BC027219703BE_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentNameDomain_5C59C7B815202550702BC027219703BE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Debt Instrument, Name [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="loc_us-gaap_DebtInstrumentNameDomain_5C59C7B815202550702BC027219703BE" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentNameDomain_5C59C7B815202550702BC027219703BE" xlink:to="lab_us-gaap_DebtInstrumentNameDomain_5C59C7B815202550702BC027219703BE" xlink:type="arc"/>
<link:label id="lab_us-gaap_DebtInstrumentLineItems_2665F498435CA7244E04C027219753FB_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentLineItems_2665F498435CA7244E04C027219753FB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Debt Instrument [Line Items] </link:label>
<link:label id="lab_us-gaap_DebtInstrumentLineItems_2665F498435CA7244E04C027219753FB_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentLineItems_2665F498435CA7244E04C027219753FB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Debt Instrument [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="loc_us-gaap_DebtInstrumentLineItems_2665F498435CA7244E04C027219753FB" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentLineItems_2665F498435CA7244E04C027219753FB" xlink:to="lab_us-gaap_DebtInstrumentLineItems_2665F498435CA7244E04C027219753FB" xlink:type="arc"/>
<link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_2A8E1D5ECAE3F907C302C02A2161425D_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_2A8E1D5ECAE3F907C302C02A2161425D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 2012 </link:label>
<link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_2A8E1D5ECAE3F907C302C02A2161425D_label_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_2A8E1D5ECAE3F907C302C02A2161425D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Long-term Debt, Maturities, Repayments of Principal in Next Twelve Months </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_2A8E1D5ECAE3F907C302C02A2161425D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_2A8E1D5ECAE3F907C302C02A2161425D" xlink:to="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_2A8E1D5ECAE3F907C302C02A2161425D" xlink:type="arc"/>
<link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_BB076FA452B9C28F516CC02EA0A02541_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_BB076FA452B9C28F516CC02EA0A02541" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 2013 </link:label>
<link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_BB076FA452B9C28F516CC02EA0A02541_label_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_BB076FA452B9C28F516CC02EA0A02541" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Long-term Debt, Maturities, Repayments of Principal in Year Two </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_BB076FA452B9C28F516CC02EA0A02541" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_BB076FA452B9C28F516CC02EA0A02541" xlink:to="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_BB076FA452B9C28F516CC02EA0A02541" xlink:type="arc"/>
<link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_294DFEE70034C350C2A0C02F5C9B9666_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_294DFEE70034C350C2A0C02F5C9B9666" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 2014 </link:label>
<link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_294DFEE70034C350C2A0C02F5C9B9666_label_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_294DFEE70034C350C2A0C02F5C9B9666" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Long-term Debt, Maturities, Repayments of Principal in Year Three </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_294DFEE70034C350C2A0C02F5C9B9666" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_294DFEE70034C350C2A0C02F5C9B9666" xlink:to="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_294DFEE70034C350C2A0C02F5C9B9666" xlink:type="arc"/>
<link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_EFFA5CC3F676ADA021EDC02FDB0696E4_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_EFFA5CC3F676ADA021EDC02FDB0696E4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 2015 </link:label>
<link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_EFFA5CC3F676ADA021EDC02FDB0696E4_label_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_EFFA5CC3F676ADA021EDC02FDB0696E4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Long-term Debt, Maturities, Repayments of Principal in Year Four </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_EFFA5CC3F676ADA021EDC02FDB0696E4" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_EFFA5CC3F676ADA021EDC02FDB0696E4" xlink:to="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_EFFA5CC3F676ADA021EDC02FDB0696E4" xlink:type="arc"/>
<link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_DEF1ADAA8900D74FBD1EC0303C8B2690_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_DEF1ADAA8900D74FBD1EC0303C8B2690" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 2016 </link:label>
<link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_DEF1ADAA8900D74FBD1EC0303C8B2690_label_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_DEF1ADAA8900D74FBD1EC0303C8B2690" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Long-term Debt, Maturities, Repayments of Principal in Year Five </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_DEF1ADAA8900D74FBD1EC0303C8B2690" xlink:type="locator"/>
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<link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_99EC037DB4D068580853C030B93A77F8_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_99EC037DB4D068580853C030B93A77F8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Thereafter </link:label>
<link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_99EC037DB4D068580853C030B93A77F8_label_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_99EC037DB4D068580853C030B93A77F8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Long-term Debt, Maturities, Repayments of Principal after Year Five </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_99EC037DB4D068580853C030B93A77F8" xlink:type="locator"/>
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<link:label id="lab_us-gaap_LongTermDebt_D708EFE5784501EB49F1C0312A51E575_totalLabel_en-US" xlink:label="lab_us-gaap_LongTermDebt_D708EFE5784501EB49F1C0312A51E575" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Long-term Debt </link:label>
<link:label id="lab_us-gaap_LongTermDebt_D708EFE5784501EB49F1C0312A51E575_label_en-US" xlink:label="lab_us-gaap_LongTermDebt_D708EFE5784501EB49F1C0312A51E575" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Long-term Debt </link:label>
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<link:label id="lab_bac_PerformanceByGeographicalAreaAbstract_84A2E0F2B4BECFBB8967CB62C28BF5D6_label_en-US" xlink:label="lab_bac_PerformanceByGeographicalAreaAbstract_84A2E0F2B4BECFBB8967CB62C28BF5D6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Performance by Geographical Area [Abstract] </link:label>
<link:label id="lab_bac_PerformanceByGeographicalAreaAbstract_84A2E0F2B4BECFBB8967CB62C28BF5D6_documentation_en-US" xlink:label="lab_bac_PerformanceByGeographicalAreaAbstract_84A2E0F2B4BECFBB8967CB62C28BF5D6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Performance by Geographical Area [Abstract] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PerformanceByGeographicalAreaAbstract" xlink:label="loc_bac_PerformanceByGeographicalAreaAbstract_84A2E0F2B4BECFBB8967CB62C28BF5D6" xlink:type="locator"/>
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<link:label id="lab_bac_PerformanceByGeographicAreaTextBlock_38ED102A401F054B8331CB64F262A665_terseLabel_en-US" xlink:label="lab_bac_PerformanceByGeographicAreaTextBlock_38ED102A401F054B8331CB64F262A665" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Performance by Geographic Area [Text Block] </link:label>
<link:label id="lab_bac_PerformanceByGeographicAreaTextBlock_38ED102A401F054B8331CB64F262A665_label_en-US" xlink:label="lab_bac_PerformanceByGeographicAreaTextBlock_38ED102A401F054B8331CB64F262A665" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Performance by Geographic Area [Text Block] </link:label>
<link:label id="lab_bac_PerformanceByGeographicAreaTextBlock_38ED102A401F054B8331CB64F262A665_documentation_en-US" xlink:label="lab_bac_PerformanceByGeographicAreaTextBlock_38ED102A401F054B8331CB64F262A665" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Performance by Geographic Area [Text Block] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PerformanceByGeographicAreaTextBlock" xlink:label="loc_bac_PerformanceByGeographicAreaTextBlock_38ED102A401F054B8331CB64F262A665" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ScheduleOfCondensedFinancialStatementsTable_844FBB942512E2CA4ECCCDDD575196B5_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfCondensedFinancialStatementsTable_844FBB942512E2CA4ECCCDDD575196B5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Condensed Financial Statements [Table] </link:label>
<link:label id="lab_us-gaap_ScheduleOfCondensedFinancialStatementsTable_844FBB942512E2CA4ECCCDDD575196B5_label_en-US" xlink:label="lab_us-gaap_ScheduleOfCondensedFinancialStatementsTable_844FBB942512E2CA4ECCCDDD575196B5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Condensed Financial Statements [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ScheduleOfCondensedFinancialStatementsTable" xlink:label="loc_us-gaap_ScheduleOfCondensedFinancialStatementsTable_844FBB942512E2CA4ECCCDDD575196B5" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CondensedFinancialStatementsCaptionsLineItems_DAD8737D9A30F827107ACDDD5751B23A_terseLabel_en-US" xlink:label="lab_us-gaap_CondensedFinancialStatementsCaptionsLineItems_DAD8737D9A30F827107ACDDD5751B23A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Condensed Financial Statements, Captions [Line Items] </link:label>
<link:label id="lab_us-gaap_CondensedFinancialStatementsCaptionsLineItems_DAD8737D9A30F827107ACDDD5751B23A_label_en-US" xlink:label="lab_us-gaap_CondensedFinancialStatementsCaptionsLineItems_DAD8737D9A30F827107ACDDD5751B23A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Condensed Financial Statements, Captions [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CondensedFinancialStatementsCaptionsLineItems" xlink:label="loc_us-gaap_CondensedFinancialStatementsCaptionsLineItems_DAD8737D9A30F827107ACDDD5751B23A" xlink:type="locator"/>
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<link:label id="lab_us-gaap_IncomeLossFromEquityMethodInvestments_CB3DD3104907C18E832ACDDF67F5A145_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromEquityMethodInvestments_CB3DD3104907C18E832ACDDF67F5A145" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Equity in undistributed (earnings) losses of subsidiaries </link:label>
<link:label id="lab_us-gaap_IncomeLossFromEquityMethodInvestments_CB3DD3104907C18E832ACDDF67F5A145_label_en-US" xlink:label="lab_us-gaap_IncomeLossFromEquityMethodInvestments_CB3DD3104907C18E832ACDDF67F5A145" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Income (Loss) from Equity Method Investments </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_IncomeLossFromEquityMethodInvestments" xlink:label="loc_us-gaap_IncomeLossFromEquityMethodInvestments_CB3DD3104907C18E832ACDDF67F5A145" xlink:type="locator"/>
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<link:label id="lab_us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet_2D3F4DBBB326B97166A8CDE48430A019_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet_2D3F4DBBB326B97166A8CDE48430A019" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Other operating activities, net </link:label>
<link:label id="lab_us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet_2D3F4DBBB326B97166A8CDE48430A019_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet_2D3F4DBBB326B97166A8CDE48430A019" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Increase (Decrease) in Other Operating Assets and Liabilities, Net </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet" xlink:label="loc_us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet_2D3F4DBBB326B97166A8CDE48430A019" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet_2D3F4DBBB326B97166A8CDE48430A019" xlink:to="lab_us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet_2D3F4DBBB326B97166A8CDE48430A019" xlink:type="arc"/>
<link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_40243D1C0EF032E2C926CDE53F4C6D0D_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_40243D1C0EF032E2C926CDE53F4C6D0D" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Net cash provided by operating activities </link:label>
<link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_40243D1C0EF032E2C926CDE53F4C6D0D_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_40243D1C0EF032E2C926CDE53F4C6D0D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Net Cash Provided by (Used in) Operating Activities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_40243D1C0EF032E2C926CDE53F4C6D0D" xlink:type="locator"/>
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<link:label id="lab_us-gaap_PaymentsForProceedsFromInvestments_0F2F754008C5F56B7A0ACDE62CBE9627_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsForProceedsFromInvestments_0F2F754008C5F56B7A0ACDE62CBE9627" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Net sales of securities </link:label>
<link:label id="lab_us-gaap_PaymentsForProceedsFromInvestments_0F2F754008C5F56B7A0ACDE62CBE9627_label_en-US" xlink:label="lab_us-gaap_PaymentsForProceedsFromInvestments_0F2F754008C5F56B7A0ACDE62CBE9627" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Payments for (Proceeds from) Investments </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_PaymentsForProceedsFromInvestments" xlink:label="loc_us-gaap_PaymentsForProceedsFromInvestments_0F2F754008C5F56B7A0ACDE62CBE9627" xlink:type="locator"/>
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<link:label id="lab_bac_NetPaymentsFromToSubsidiaries_2B4DBA0748DC42614F97CDE996CEFA76_negatedTerseLabel_en-US" xlink:label="lab_bac_NetPaymentsFromToSubsidiaries_2B4DBA0748DC42614F97CDE996CEFA76" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Net Payments From (To) Subsidiaries </link:label>
<link:label id="lab_bac_NetPaymentsFromToSubsidiaries_2B4DBA0748DC42614F97CDE996CEFA76_label_en-US" xlink:label="lab_bac_NetPaymentsFromToSubsidiaries_2B4DBA0748DC42614F97CDE996CEFA76" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Net Payments From To Subsidiaries </link:label>
<link:label id="lab_bac_NetPaymentsFromToSubsidiaries_2B4DBA0748DC42614F97CDE996CEFA76_documentation_en-US" xlink:label="lab_bac_NetPaymentsFromToSubsidiaries_2B4DBA0748DC42614F97CDE996CEFA76" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents net payments from (to) subsidiaries. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_NetPaymentsFromToSubsidiaries" xlink:label="loc_bac_NetPaymentsFromToSubsidiaries_2B4DBA0748DC42614F97CDE996CEFA76" xlink:type="locator"/>
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<link:label id="lab_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_B88B2469AD544C340422CDEA3A131F87_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_B88B2469AD544C340422CDEA3A131F87" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Other investing activities, net </link:label>
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<link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_390B415B538323E59F56CDEAD2FE5EB1_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_390B415B538323E59F56CDEAD2FE5EB1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Net cash provided by (used in) investing activities </link:label>
<link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_390B415B538323E59F56CDEAD2FE5EB1_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_390B415B538323E59F56CDEAD2FE5EB1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Net Cash Provided by (Used in) Investing Activities </link:label>
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<link:label id="lab_us-gaap_ProceedsFromRepaymentsOfShortTermDebt_EB6D94BADAB621C692D6CDF2BBCB6883_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromRepaymentsOfShortTermDebt_EB6D94BADAB621C692D6CDF2BBCB6883" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net increase (decrease) in commercial paper and other short-term borrowings </link:label>
<link:label id="lab_us-gaap_ProceedsFromRepaymentsOfShortTermDebt_EB6D94BADAB621C692D6CDF2BBCB6883_label_en-US" xlink:label="lab_us-gaap_ProceedsFromRepaymentsOfShortTermDebt_EB6D94BADAB621C692D6CDF2BBCB6883" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Proceeds from (Repayments of) Short-term Debt </link:label>
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<link:label id="lab_us-gaap_ProceedsFromIssuanceOfLongTermDebt_60A509175D50F21D30AACDF31E39BBC1_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfLongTermDebt_60A509175D50F21D30AACDF31E39BBC1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Proceeds from Issuance of Long-term Debt </link:label>
<link:label id="lab_us-gaap_ProceedsFromIssuanceOfLongTermDebt_60A509175D50F21D30AACDF31E39BBC1_label_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfLongTermDebt_60A509175D50F21D30AACDF31E39BBC1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Proceeds from Issuance of Long-term Debt </link:label>
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<link:label id="lab_us-gaap_RepaymentsOfLongTermDebt_EBEF9C5F7562E68BCBECCDF38664ADDD_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_RepaymentsOfLongTermDebt_EBEF9C5F7562E68BCBECCDF38664ADDD" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Retirement of long-term debt </link:label>
<link:label id="lab_us-gaap_RepaymentsOfLongTermDebt_EBEF9C5F7562E68BCBECCDF38664ADDD_label_en-US" xlink:label="lab_us-gaap_RepaymentsOfLongTermDebt_EBEF9C5F7562E68BCBECCDF38664ADDD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Repayments of Long-term Debt </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_RepaymentsOfLongTermDebt" xlink:label="loc_us-gaap_RepaymentsOfLongTermDebt_EBEF9C5F7562E68BCBECCDF38664ADDD" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock_A3841E3333C32510013DCDFDCFE152BE_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock_A3841E3333C32510013DCDFDCFE152BE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Proceeds from Issuance of Preferred Stock and Warrants </link:label>
<link:label id="lab_us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock_A3841E3333C32510013DCDFDCFE152BE_label_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock_A3841E3333C32510013DCDFDCFE152BE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Proceeds from Issuance of Preferred Stock and Preference Stock </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock" xlink:label="loc_us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock_A3841E3333C32510013DCDFDCFE152BE" xlink:type="locator"/>
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<link:label id="lab_us-gaap_PaymentsForRepurchaseOfPreferredStockAndPreferenceStock_3EBBC2BBBBC110705C79CDDD61AE4913_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsForRepurchaseOfPreferredStockAndPreferenceStock_3EBBC2BBBBC110705C79CDDD61AE4913" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Repayment of preferred stock </link:label>
<link:label id="lab_us-gaap_PaymentsForRepurchaseOfPreferredStockAndPreferenceStock_3EBBC2BBBBC110705C79CDDD61AE4913_label_en-US" xlink:label="lab_us-gaap_PaymentsForRepurchaseOfPreferredStockAndPreferenceStock_3EBBC2BBBBC110705C79CDDD61AE4913" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Payments for Repurchase of Preferred Stock and Preference Stock </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_PaymentsForRepurchaseOfPreferredStockAndPreferenceStock" xlink:label="loc_us-gaap_PaymentsForRepurchaseOfPreferredStockAndPreferenceStock_3EBBC2BBBBC110705C79CDDD61AE4913" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ProceedsFromIssuanceOfCommonStock_4E50714F4705E0C13396CDDD61D0531D_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfCommonStock_4E50714F4705E0C13396CDDD61D0531D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Proceeds from issuance of common stock </link:label>
<link:label id="lab_us-gaap_ProceedsFromIssuanceOfCommonStock_4E50714F4705E0C13396CDDD61D0531D_label_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfCommonStock_4E50714F4705E0C13396CDDD61D0531D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Proceeds from Issuance of Common Stock </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ProceedsFromIssuanceOfCommonStock" xlink:label="loc_us-gaap_ProceedsFromIssuanceOfCommonStock_4E50714F4705E0C13396CDDD61D0531D" xlink:type="locator"/>
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<link:label id="lab_us-gaap_PaymentsOfDividends_D1054D52E1AAA2D6FE8BCDDD618E3454_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsOfDividends_D1054D52E1AAA2D6FE8BCDDD618E3454" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Cash dividends paid </link:label>
<link:label id="lab_us-gaap_PaymentsOfDividends_D1054D52E1AAA2D6FE8BCDDD618E3454_label_en-US" xlink:label="lab_us-gaap_PaymentsOfDividends_D1054D52E1AAA2D6FE8BCDDD618E3454" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Payments of Dividends </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_PaymentsOfDividends" xlink:label="loc_us-gaap_PaymentsOfDividends_D1054D52E1AAA2D6FE8BCDDD618E3454" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ProceedsFromPaymentsForOtherFinancingActivities_28B009D84011E76B349ECDF6895011EB_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromPaymentsForOtherFinancingActivities_28B009D84011E76B349ECDF6895011EB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other financing activities, net </link:label>
<link:label id="lab_us-gaap_ProceedsFromPaymentsForOtherFinancingActivities_28B009D84011E76B349ECDF6895011EB_label_en-US" xlink:label="lab_us-gaap_ProceedsFromPaymentsForOtherFinancingActivities_28B009D84011E76B349ECDF6895011EB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Proceeds from (Payments for) Other Financing Activities </link:label>
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<link:label id="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_89B15AF67FD6028F7B18CDF70DAFCEAF_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_89B15AF67FD6028F7B18CDF70DAFCEAF" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Net cash provided by (used in) financing activities </link:label>
<link:label id="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_89B15AF67FD6028F7B18CDF70DAFCEAF_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_89B15AF67FD6028F7B18CDF70DAFCEAF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Net Cash Provided by (Used in) Financing Activities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_89B15AF67FD6028F7B18CDF70DAFCEAF" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_303A606D55E2655F3B8ACDF89D9CB083_terseLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_303A606D55E2655F3B8ACDF89D9CB083" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net increase (decrease) in cash held at bank subsidiaries </link:label>
<link:label id="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_303A606D55E2655F3B8ACDF89D9CB083_label_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_303A606D55E2655F3B8ACDF89D9CB083" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Cash and Cash Equivalents, Period Increase (Decrease) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" xlink:label="loc_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_303A606D55E2655F3B8ACDF89D9CB083" xlink:type="locator"/>
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<link:label id="lab_bac_CashHeldAtBankSubsidiaries_F43A60C30C8C24F032BDCDF94D12EEF9_periodStartLabel_en-US" xlink:label="lab_bac_CashHeldAtBankSubsidiaries_F43A60C30C8C24F032BDCDF94D12EEF9" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US"> Cash held at bank subsidiaries at January 1 </link:label>
<link:label id="lab_bac_CashHeldAtBankSubsidiaries_F43A60C30C8C24F032BDCDF94D12EEF9_label_en-US" xlink:label="lab_bac_CashHeldAtBankSubsidiaries_F43A60C30C8C24F032BDCDF94D12EEF9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Cash Held At Bank Subsidiaries </link:label>
<link:label id="lab_bac_CashHeldAtBankSubsidiaries_F43A60C30C8C24F032BDCDF94D12EEF9_documentation_en-US" xlink:label="lab_bac_CashHeldAtBankSubsidiaries_F43A60C30C8C24F032BDCDF94D12EEF9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents cash held at bank subsidiaries. </link:label>
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<link:label id="lab_bac_CashHeldAtBankSubsidiaries_0A6D831926367AC075ADCDFF2B03ADC1_periodEndLabel_en-US" xlink:label="lab_bac_CashHeldAtBankSubsidiaries_0A6D831926367AC075ADCDFF2B03ADC1" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US"> Cash held at bank subsidiaries at December 31 </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CashHeldAtBankSubsidiaries" xlink:label="loc_bac_CashHeldAtBankSubsidiaries_0A6D831926367AC075ADCDFF2B03ADC1" xlink:type="locator"/>
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<link:label id="lab_bac_SecuritiesTable_F5E6ACAA478C251EE33FBA9BDFC29667_label_en-US" xlink:label="lab_bac_SecuritiesTable_F5E6ACAA478C251EE33FBA9BDFC29667" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities [Table] </link:label>
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<link:label id="lab_us-gaap_ScheduleOfAvailableForSaleSecuritiesMajorTypesOfDebtAndEquitySecuritiesAxis_6594985F7990EC4A6BDC34932813E875_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfAvailableForSaleSecuritiesMajorTypesOfDebtAndEquitySecuritiesAxis_6594985F7990EC4A6BDC34932813E875" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Available-for-sale Securities, Major Types of Debt and Equity Securities [Axis] </link:label>
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<link:label id="lab_bac_UnitedStatesTreasuryAndAgencySecuritiesMember_8F3F47123178AF0A712F349357D13F37_label_en-US" xlink:label="lab_bac_UnitedStatesTreasuryAndAgencySecuritiesMember_8F3F47123178AF0A712F349357D13F37" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> United States Treasury And Agency Securities Member </link:label>
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<link:loc xlink:href="bac-20111231.xsd#bac_UnitedStatesTreasuryAndAgencySecuritiesMember" xlink:label="loc_bac_UnitedStatesTreasuryAndAgencySecuritiesMember_8F3F47123178AF0A712F349357D13F37" xlink:type="locator"/>
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<link:label id="lab_bac_UnitedStatesTreasurySecuritiesExceedingTenPercentOfConsolidatedShareholdersEquityMember_A93B14A43A1BA4CA233FBA416862E25C_label_en-US" xlink:label="lab_bac_UnitedStatesTreasurySecuritiesExceedingTenPercentOfConsolidatedShareholdersEquityMember_A93B14A43A1BA4CA233FBA416862E25C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> United States Treasury Securities Exceeding Ten Percent Of Consolidated Shareholders Equity [Member] </link:label>
<link:label id="lab_bac_UnitedStatesTreasurySecuritiesExceedingTenPercentOfConsolidatedShareholdersEquityMember_A93B14A43A1BA4CA233FBA416862E25C_documentation_en-US" xlink:label="lab_bac_UnitedStatesTreasurySecuritiesExceedingTenPercentOfConsolidatedShareholdersEquityMember_A93B14A43A1BA4CA233FBA416862E25C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> United States Treasury Securities Exceeding Ten Percent Of Consolidated Shareholders Equity [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_UnitedStatesTreasurySecuritiesExceedingTenPercentOfConsolidatedShareholdersEquityMember" xlink:label="loc_bac_UnitedStatesTreasurySecuritiesExceedingTenPercentOfConsolidatedShareholdersEquityMember_A93B14A43A1BA4CA233FBA416862E25C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_UnitedStatesTreasurySecuritiesExceedingTenPercentOfConsolidatedShareholdersEquityMember_A93B14A43A1BA4CA233FBA416862E25C" xlink:to="lab_bac_UnitedStatesTreasurySecuritiesExceedingTenPercentOfConsolidatedShareholdersEquityMember_A93B14A43A1BA4CA233FBA416862E25C" xlink:type="arc"/>
<link:label id="lab_us-gaap_AgencySecuritiesMember_E7D58C36C216EEDE94C2349362B205F8_label_en-US" xlink:label="lab_us-gaap_AgencySecuritiesMember_E7D58C36C216EEDE94C2349362B205F8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Agency Securities [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AgencySecuritiesMember" xlink:label="loc_us-gaap_AgencySecuritiesMember_E7D58C36C216EEDE94C2349362B205F8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AgencySecuritiesMember_E7D58C36C216EEDE94C2349362B205F8" xlink:to="lab_us-gaap_AgencySecuritiesMember_E7D58C36C216EEDE94C2349362B205F8" xlink:type="arc"/>
<link:label id="lab_us-gaap_CollateralizedMortgageObligationsMember_ED948A37D24E38F4E85D3493677BD06E_label_en-US" xlink:label="lab_us-gaap_CollateralizedMortgageObligationsMember_ED948A37D24E38F4E85D3493677BD06E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Collateralized Mortgage Obligations [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CollateralizedMortgageObligationsMember" xlink:label="loc_us-gaap_CollateralizedMortgageObligationsMember_ED948A37D24E38F4E85D3493677BD06E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CollateralizedMortgageObligationsMember_ED948A37D24E38F4E85D3493677BD06E" xlink:to="lab_us-gaap_CollateralizedMortgageObligationsMember_ED948A37D24E38F4E85D3493677BD06E" xlink:type="arc"/>
<link:label id="lab_us-gaap_ResidentialMortgageBackedSecuritiesMember_F4A2F0DF08DC090E2C1334936CF92EA1_label_en-US" xlink:label="lab_us-gaap_ResidentialMortgageBackedSecuritiesMember_F4A2F0DF08DC090E2C1334936CF92EA1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Residential Mortgage Backed Securities [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ResidentialMortgageBackedSecuritiesMember" xlink:label="loc_us-gaap_ResidentialMortgageBackedSecuritiesMember_F4A2F0DF08DC090E2C1334936CF92EA1" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ResidentialMortgageBackedSecuritiesMember_F4A2F0DF08DC090E2C1334936CF92EA1" xlink:to="lab_us-gaap_ResidentialMortgageBackedSecuritiesMember_F4A2F0DF08DC090E2C1334936CF92EA1" xlink:type="arc"/>
<link:label id="lab_us-gaap_CommercialMortgageBackedSecuritiesMember_B4B1B20C63DFD4186E5F349372A34158_label_en-US" xlink:label="lab_us-gaap_CommercialMortgageBackedSecuritiesMember_B4B1B20C63DFD4186E5F349372A34158" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Commercial Mortgage Backed Securities [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CommercialMortgageBackedSecuritiesMember" xlink:label="loc_us-gaap_CommercialMortgageBackedSecuritiesMember_B4B1B20C63DFD4186E5F349372A34158" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommercialMortgageBackedSecuritiesMember_B4B1B20C63DFD4186E5F349372A34158" xlink:to="lab_us-gaap_CommercialMortgageBackedSecuritiesMember_B4B1B20C63DFD4186E5F349372A34158" xlink:type="arc"/>
<link:label id="lab_bac_NonUnitedStatesSecuritiesMember_40B14D416E7CEE7AE8FD34937A6337F8_label_en-US" xlink:label="lab_bac_NonUnitedStatesSecuritiesMember_40B14D416E7CEE7AE8FD34937A6337F8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Non United States Securities [Member] </link:label>
<link:label id="lab_bac_NonUnitedStatesSecuritiesMember_40B14D416E7CEE7AE8FD34937A6337F8_documentation_en-US" xlink:label="lab_bac_NonUnitedStatesSecuritiesMember_40B14D416E7CEE7AE8FD34937A6337F8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Non-U.S. securities. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_NonUnitedStatesSecuritiesMember" xlink:label="loc_bac_NonUnitedStatesSecuritiesMember_40B14D416E7CEE7AE8FD34937A6337F8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_NonUnitedStatesSecuritiesMember_40B14D416E7CEE7AE8FD34937A6337F8" xlink:to="lab_bac_NonUnitedStatesSecuritiesMember_40B14D416E7CEE7AE8FD34937A6337F8" xlink:type="arc"/>
<link:label id="lab_us-gaap_OtherDebtSecuritiesMember_E6BFA514BC424B525617349388C834E9_label_en-US" xlink:label="lab_us-gaap_OtherDebtSecuritiesMember_E6BFA514BC424B525617349388C834E9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Debt Obligations [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_OtherDebtSecuritiesMember" xlink:label="loc_us-gaap_OtherDebtSecuritiesMember_E6BFA514BC424B525617349388C834E9" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherDebtSecuritiesMember_E6BFA514BC424B525617349388C834E9" xlink:to="lab_us-gaap_OtherDebtSecuritiesMember_E6BFA514BC424B525617349388C834E9" xlink:type="arc"/>
<link:label id="lab_bac_TaxableSecuritiesMember_DDFB7FCAE2CBE1D08D8C34938EA2589C_label_en-US" xlink:label="lab_bac_TaxableSecuritiesMember_DDFB7FCAE2CBE1D08D8C34938EA2589C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Taxable Securities [Member] </link:label>
<link:label id="lab_bac_TaxableSecuritiesMember_DDFB7FCAE2CBE1D08D8C34938EA2589C_documentation_en-US" xlink:label="lab_bac_TaxableSecuritiesMember_DDFB7FCAE2CBE1D08D8C34938EA2589C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Taxable Securities Member. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_TaxableSecuritiesMember" xlink:label="loc_bac_TaxableSecuritiesMember_DDFB7FCAE2CBE1D08D8C34938EA2589C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_TaxableSecuritiesMember_DDFB7FCAE2CBE1D08D8C34938EA2589C" xlink:to="lab_bac_TaxableSecuritiesMember_DDFB7FCAE2CBE1D08D8C34938EA2589C" xlink:type="arc"/>
<link:label id="lab_us-gaap_DebtMember_106EA8F14195AADEA90C34939AD6C595_label_en-US" xlink:label="lab_us-gaap_DebtMember_106EA8F14195AADEA90C34939AD6C595" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Debt [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DebtMember" xlink:label="loc_us-gaap_DebtMember_106EA8F14195AADEA90C34939AD6C595" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtMember_106EA8F14195AADEA90C34939AD6C595" xlink:to="lab_us-gaap_DebtMember_106EA8F14195AADEA90C34939AD6C595" xlink:type="arc"/>
<link:label id="lab_bac_DebtSecurityRatingAxis_7F7B94DB08A548109E54BA863D8E62B3_label_en-US" xlink:label="lab_bac_DebtSecurityRatingAxis_7F7B94DB08A548109E54BA863D8E62B3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Debt Security Rating [Axis] </link:label>
<link:label id="lab_bac_DebtSecurityRatingAxis_7F7B94DB08A548109E54BA863D8E62B3_documentation_en-US" xlink:label="lab_bac_DebtSecurityRatingAxis_7F7B94DB08A548109E54BA863D8E62B3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Debt Security Rating [Axis] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_DebtSecurityRatingAxis" xlink:label="loc_bac_DebtSecurityRatingAxis_7F7B94DB08A548109E54BA863D8E62B3" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_DebtSecurityRatingAxis_7F7B94DB08A548109E54BA863D8E62B3" xlink:to="lab_bac_DebtSecurityRatingAxis_7F7B94DB08A548109E54BA863D8E62B3" xlink:type="arc"/>
<link:label id="lab_bac_DebtSecurityRatingDomain_6C1985EAC1A7E839D6CFBA86B8C97856_label_en-US" xlink:label="lab_bac_DebtSecurityRatingDomain_6C1985EAC1A7E839D6CFBA86B8C97856" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Debt Security Rating [Domain] </link:label>
<link:label id="lab_bac_DebtSecurityRatingDomain_6C1985EAC1A7E839D6CFBA86B8C97856_documentation_en-US" xlink:label="lab_bac_DebtSecurityRatingDomain_6C1985EAC1A7E839D6CFBA86B8C97856" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Debt Security Rating [Domain] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_DebtSecurityRatingDomain" xlink:label="loc_bac_DebtSecurityRatingDomain_6C1985EAC1A7E839D6CFBA86B8C97856" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_DebtSecurityRatingDomain_6C1985EAC1A7E839D6CFBA86B8C97856" xlink:to="lab_bac_DebtSecurityRatingDomain_6C1985EAC1A7E839D6CFBA86B8C97856" xlink:type="arc"/>
<link:label id="lab_bac_PrimeLoanMember_17256489A76438EBC96DC64714E6BAD7_label_en-US" xlink:label="lab_bac_PrimeLoanMember_17256489A76438EBC96DC64714E6BAD7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Prime Loan [Member] </link:label>
<link:label id="lab_bac_PrimeLoanMember_17256489A76438EBC96DC64714E6BAD7_documentation_en-US" xlink:label="lab_bac_PrimeLoanMember_17256489A76438EBC96DC64714E6BAD7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Prime Loan [Member]. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PrimeLoanMember" xlink:label="loc_bac_PrimeLoanMember_17256489A76438EBC96DC64714E6BAD7" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_PrimeLoanMember_17256489A76438EBC96DC64714E6BAD7" xlink:to="lab_bac_PrimeLoanMember_17256489A76438EBC96DC64714E6BAD7" xlink:type="arc"/>
<link:label id="lab_bac_AltALoanMember_8472530693911B61AA59C6477B170C19_label_en-US" xlink:label="lab_bac_AltALoanMember_8472530693911B61AA59C6477B170C19" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Alt-A Loan [Member] </link:label>
<link:label id="lab_bac_AltALoanMember_8472530693911B61AA59C6477B170C19_documentation_en-US" xlink:label="lab_bac_AltALoanMember_8472530693911B61AA59C6477B170C19" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Alt-A Loan [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_AltALoanMember" xlink:label="loc_bac_AltALoanMember_8472530693911B61AA59C6477B170C19" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_AltALoanMember_8472530693911B61AA59C6477B170C19" xlink:to="lab_bac_AltALoanMember_8472530693911B61AA59C6477B170C19" xlink:type="arc"/>
<link:label id="lab_bac_SubprimeLoanMember_507EE9E18549FA8EA17BC647454CD12F_label_en-US" xlink:label="lab_bac_SubprimeLoanMember_507EE9E18549FA8EA17BC647454CD12F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Subprime Loan [Member] </link:label>
<link:label id="lab_bac_SubprimeLoanMember_507EE9E18549FA8EA17BC647454CD12F_documentation_en-US" xlink:label="lab_bac_SubprimeLoanMember_507EE9E18549FA8EA17BC647454CD12F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Subprime Loan [Member]. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_SubprimeLoanMember" xlink:label="loc_bac_SubprimeLoanMember_507EE9E18549FA8EA17BC647454CD12F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_SubprimeLoanMember_507EE9E18549FA8EA17BC647454CD12F" xlink:to="lab_bac_SubprimeLoanMember_507EE9E18549FA8EA17BC647454CD12F" xlink:type="arc"/>
<link:label id="lab_bac_SecuritiesLineItems_24854483880D7DA2BA40BAA993ECB13A_label_en-US" xlink:label="lab_bac_SecuritiesLineItems_24854483880D7DA2BA40BAA993ECB13A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities [Line Items] </link:label>
<link:label id="lab_bac_SecuritiesLineItems_24854483880D7DA2BA40BAA993ECB13A_documentation_en-US" xlink:label="lab_bac_SecuritiesLineItems_24854483880D7DA2BA40BAA993ECB13A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Securities [Line Items] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_SecuritiesLineItems" xlink:label="loc_bac_SecuritiesLineItems_24854483880D7DA2BA40BAA993ECB13A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_SecuritiesLineItems_24854483880D7DA2BA40BAA993ECB13A" xlink:to="lab_bac_SecuritiesLineItems_24854483880D7DA2BA40BAA993ECB13A" xlink:type="arc"/>
<link:label id="lab_bac_DebtAndMarketableEquitySecuritiesAbstract_103CE294C0833E18EE1DBAB5507B12B0_label_en-US" xlink:label="lab_bac_DebtAndMarketableEquitySecuritiesAbstract_103CE294C0833E18EE1DBAB5507B12B0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Debt and Marketable Equity Securities [Abstract] </link:label>
<link:label id="lab_bac_DebtAndMarketableEquitySecuritiesAbstract_103CE294C0833E18EE1DBAB5507B12B0_documentation_en-US" xlink:label="lab_bac_DebtAndMarketableEquitySecuritiesAbstract_103CE294C0833E18EE1DBAB5507B12B0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Debt and Marketable Equity Securities [Abstract] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_DebtAndMarketableEquitySecuritiesAbstract" xlink:label="loc_bac_DebtAndMarketableEquitySecuritiesAbstract_103CE294C0833E18EE1DBAB5507B12B0" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_DebtAndMarketableEquitySecuritiesAbstract_103CE294C0833E18EE1DBAB5507B12B0" xlink:to="lab_bac_DebtAndMarketableEquitySecuritiesAbstract_103CE294C0833E18EE1DBAB5507B12B0" xlink:type="arc"/>
<link:label id="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost_5B96F568CE654FF53595349356501CBB_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost_5B96F568CE654FF53595349356501CBB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Available-for-sale Securities, Amortized Cost </link:label>
<link:label id="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost_5B96F568CE654FF53595349356501CBB_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost_5B96F568CE654FF53595349356501CBB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Available-for-sale Securities, Debt Maturities, Amortized Cost Basis </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost_5B96F568CE654FF53595349356501CBB" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost_5B96F568CE654FF53595349356501CBB" xlink:to="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost_5B96F568CE654FF53595349356501CBB" xlink:type="arc"/>
<link:label id="lab_us-gaap_AvailableforsaleSecuritiesGrossUnrealizedGain_59E495A04C337CD9115A3493591C8F11_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableforsaleSecuritiesGrossUnrealizedGain_59E495A04C337CD9115A3493591C8F11" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Available-for-sale Securities, Gross Unrealized Gains </link:label>
<link:label id="lab_us-gaap_AvailableforsaleSecuritiesGrossUnrealizedGain_59E495A04C337CD9115A3493591C8F11_label_en-US" xlink:label="lab_us-gaap_AvailableforsaleSecuritiesGrossUnrealizedGain_59E495A04C337CD9115A3493591C8F11" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Available-for-sale Securities, Gross Unrealized Gains </link:label>
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<link:label id="lab_us-gaap_VariableInterestEntityNotPrimaryBeneficiaryMember_761E2B997FB31A5D720291C6047C212D_terseLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntityNotPrimaryBeneficiaryMember_761E2B997FB31A5D720291C6047C212D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Unconsolidated VIEs [Member] </link:label>
<link:label id="lab_us-gaap_VariableInterestEntityNotPrimaryBeneficiaryMember_761E2B997FB31A5D720291C6047C212D_label_en-US" xlink:label="lab_us-gaap_VariableInterestEntityNotPrimaryBeneficiaryMember_761E2B997FB31A5D720291C6047C212D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Variable Interest Entity, Not Primary Beneficiary [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_VariableInterestEntityNotPrimaryBeneficiaryMember" xlink:label="loc_us-gaap_VariableInterestEntityNotPrimaryBeneficiaryMember_761E2B997FB31A5D720291C6047C212D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VariableInterestEntityNotPrimaryBeneficiaryMember_761E2B997FB31A5D720291C6047C212D" xlink:to="lab_us-gaap_VariableInterestEntityNotPrimaryBeneficiaryMember_761E2B997FB31A5D720291C6047C212D" xlink:type="arc"/>
<link:label id="lab_us-gaap_VariableInterestEntityLineItems_B172591594A234609D988A0CED587EB7_terseLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntityLineItems_B172591594A234609D988A0CED587EB7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Variable Interest Entity [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="loc_us-gaap_VariableInterestEntityLineItems_B172591594A234609D988A0CED587EB7" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VariableInterestEntityLineItems_B172591594A234609D988A0CED587EB7" xlink:to="lab_us-gaap_VariableInterestEntityLineItems_B172591594A234609D988A0CED587EB7" xlink:type="arc"/>
<link:label id="lab_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount_AE937833C819CA05097191C5E34178B7_terseLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount_AE937833C819CA05097191C5E34178B7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Maximum loss exposure </link:label>
<link:label id="lab_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount_AE937833C819CA05097191C5E34178B7_label_en-US" xlink:label="lab_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount_AE937833C819CA05097191C5E34178B7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Variable Interest Entity, Reporting Entity Involvement, Maximum Loss Exposure, Amount </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount" xlink:label="loc_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount_AE937833C819CA05097191C5E34178B7" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount_AE937833C819CA05097191C5E34178B7" xlink:to="lab_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount_AE937833C819CA05097191C5E34178B7" xlink:type="arc"/>
<link:label id="lab_bac_OnBalanceSheetAssetsAbstract_530F7F6AD3D7137B183891CA5A4D4BD2_terseLabel_en-US" xlink:label="lab_bac_OnBalanceSheetAssetsAbstract_530F7F6AD3D7137B183891CA5A4D4BD2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> On Balance Sheet Assets [Abstract] </link:label>
<link:label id="lab_bac_OnBalanceSheetAssetsAbstract_530F7F6AD3D7137B183891CA5A4D4BD2_label_en-US" xlink:label="lab_bac_OnBalanceSheetAssetsAbstract_530F7F6AD3D7137B183891CA5A4D4BD2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> On Balance Sheet Assets [Abstract] </link:label>
<link:label id="lab_bac_OnBalanceSheetAssetsAbstract_530F7F6AD3D7137B183891CA5A4D4BD2_documentation_en-US" xlink:label="lab_bac_OnBalanceSheetAssetsAbstract_530F7F6AD3D7137B183891CA5A4D4BD2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> On-balance sheet assets. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_OnBalanceSheetAssetsAbstract" xlink:label="loc_bac_OnBalanceSheetAssetsAbstract_530F7F6AD3D7137B183891CA5A4D4BD2" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_OnBalanceSheetAssetsAbstract_530F7F6AD3D7137B183891CA5A4D4BD2" xlink:to="lab_bac_OnBalanceSheetAssetsAbstract_530F7F6AD3D7137B183891CA5A4D4BD2" xlink:type="arc"/>
<link:label id="lab_us-gaap_TradingSecuritiesDebt_AF481BA1383C056624C691C5E562CD3D_verboseLabel_en-US" xlink:label="lab_us-gaap_TradingSecuritiesDebt_AF481BA1383C056624C691C5E562CD3D" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Trading account assets </link:label>
<link:label id="lab_us-gaap_TradingSecuritiesDebt_AF481BA1383C056624C691C5E562CD3D_label_en-US" xlink:label="lab_us-gaap_TradingSecuritiesDebt_AF481BA1383C056624C691C5E562CD3D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Trading Securities, Debt </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_TradingSecuritiesDebt" xlink:label="loc_us-gaap_TradingSecuritiesDebt_AF481BA1383C056624C691C5E562CD3D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TradingSecuritiesDebt_AF481BA1383C056624C691C5E562CD3D" xlink:to="lab_us-gaap_TradingSecuritiesDebt_AF481BA1383C056624C691C5E562CD3D" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeAssets_317FD9D15D2D8FF5D0FE91C5E73D6F9D_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeAssets_317FD9D15D2D8FF5D0FE91C5E73D6F9D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative assets </link:label>
<link:label id="lab_us-gaap_DerivativeAssets_317FD9D15D2D8FF5D0FE91C5E73D6F9D_label_en-US" xlink:label="lab_us-gaap_DerivativeAssets_317FD9D15D2D8FF5D0FE91C5E73D6F9D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Assets </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DerivativeAssets" xlink:label="loc_us-gaap_DerivativeAssets_317FD9D15D2D8FF5D0FE91C5E73D6F9D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeAssets_317FD9D15D2D8FF5D0FE91C5E73D6F9D" xlink:to="lab_us-gaap_DerivativeAssets_317FD9D15D2D8FF5D0FE91C5E73D6F9D" xlink:type="arc"/>
<link:label id="lab_us-gaap_LoansReceivableHeldForSaleNet_D1111327BC3C72240D1591C5E8E6E217_terseLabel_en-US" xlink:label="lab_us-gaap_LoansReceivableHeldForSaleNet_D1111327BC3C72240D1591C5E8E6E217" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loans held-for-sale </link:label>
<link:label id="lab_us-gaap_LoansReceivableHeldForSaleNet_D1111327BC3C72240D1591C5E8E6E217_label_en-US" xlink:label="lab_us-gaap_LoansReceivableHeldForSaleNet_D1111327BC3C72240D1591C5E8E6E217" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loans Receivable Held-for-sale, Net </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LoansReceivableHeldForSaleNet" xlink:label="loc_us-gaap_LoansReceivableHeldForSaleNet_D1111327BC3C72240D1591C5E8E6E217" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LoansReceivableHeldForSaleNet_D1111327BC3C72240D1591C5E8E6E217" xlink:to="lab_us-gaap_LoansReceivableHeldForSaleNet_D1111327BC3C72240D1591C5E8E6E217" xlink:type="arc"/>
<link:label id="lab_us-gaap_OtherAssets_AE3722C319F04C9B64A691C5EAAF95B3_terseLabel_en-US" xlink:label="lab_us-gaap_OtherAssets_AE3722C319F04C9B64A691C5EAAF95B3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other Assets </link:label>
<link:label id="lab_us-gaap_OtherAssets_AE3722C319F04C9B64A691C5EAAF95B3_label_en-US" xlink:label="lab_us-gaap_OtherAssets_AE3722C319F04C9B64A691C5EAAF95B3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Assets </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_OtherAssets" xlink:label="loc_us-gaap_OtherAssets_AE3722C319F04C9B64A691C5EAAF95B3" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherAssets_AE3722C319F04C9B64A691C5EAAF95B3" xlink:to="lab_us-gaap_OtherAssets_AE3722C319F04C9B64A691C5EAAF95B3" xlink:type="arc"/>
<link:label id="lab_us-gaap_Assets_74E94032B351D3787C3991C5EC72D26B_totalLabel_en-US" xlink:label="lab_us-gaap_Assets_74E94032B351D3787C3991C5EC72D26B" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total assets </link:label>
<link:label id="lab_us-gaap_Assets_74E94032B351D3787C3991C5EC72D26B_label_en-US" xlink:label="lab_us-gaap_Assets_74E94032B351D3787C3991C5EC72D26B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Assets </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_Assets" xlink:label="loc_us-gaap_Assets_74E94032B351D3787C3991C5EC72D26B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Assets_74E94032B351D3787C3991C5EC72D26B" xlink:to="lab_us-gaap_Assets_74E94032B351D3787C3991C5EC72D26B" xlink:type="arc"/>
<link:label id="lab_bac_OnBalanceSheetLiabilitiesAbstract_C2E599AC310CB32B459291CA99070AD0_terseLabel_en-US" xlink:label="lab_bac_OnBalanceSheetLiabilitiesAbstract_C2E599AC310CB32B459291CA99070AD0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> On Balance Sheet Liabilities [Abstract] </link:label>
<link:label id="lab_bac_OnBalanceSheetLiabilitiesAbstract_C2E599AC310CB32B459291CA99070AD0_label_en-US" xlink:label="lab_bac_OnBalanceSheetLiabilitiesAbstract_C2E599AC310CB32B459291CA99070AD0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> On Balance Sheet Liabilities [Abstract] </link:label>
<link:label id="lab_bac_OnBalanceSheetLiabilitiesAbstract_C2E599AC310CB32B459291CA99070AD0_documentation_en-US" xlink:label="lab_bac_OnBalanceSheetLiabilitiesAbstract_C2E599AC310CB32B459291CA99070AD0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> On-balance sheet liabilities. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_OnBalanceSheetLiabilitiesAbstract" xlink:label="loc_bac_OnBalanceSheetLiabilitiesAbstract_C2E599AC310CB32B459291CA99070AD0" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_OnBalanceSheetLiabilitiesAbstract_C2E599AC310CB32B459291CA99070AD0" xlink:to="lab_bac_OnBalanceSheetLiabilitiesAbstract_C2E599AC310CB32B459291CA99070AD0" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeLiabilities_4A0980609CDB6D757F6091C5EE44D08A_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeLiabilities_4A0980609CDB6D757F6091C5EE44D08A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative Liabilities </link:label>
<link:label id="lab_us-gaap_DerivativeLiabilities_4A0980609CDB6D757F6091C5EE44D08A_label_en-US" xlink:label="lab_us-gaap_DerivativeLiabilities_4A0980609CDB6D757F6091C5EE44D08A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Liabilities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DerivativeLiabilities" xlink:label="loc_us-gaap_DerivativeLiabilities_4A0980609CDB6D757F6091C5EE44D08A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeLiabilities_4A0980609CDB6D757F6091C5EE44D08A" xlink:to="lab_us-gaap_DerivativeLiabilities_4A0980609CDB6D757F6091C5EE44D08A" xlink:type="arc"/>
<link:label id="lab_us-gaap_ShortTermBorrowings_A03E036B29D2C127570891C5F006F43F_terseLabel_en-US" xlink:label="lab_us-gaap_ShortTermBorrowings_A03E036B29D2C127570891C5F006F43F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Commercial paper and other short-term borrowings </link:label>
<link:label id="lab_us-gaap_ShortTermBorrowings_A03E036B29D2C127570891C5F006F43F_label_en-US" xlink:label="lab_us-gaap_ShortTermBorrowings_A03E036B29D2C127570891C5F006F43F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Short-term Debt </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ShortTermBorrowings" xlink:label="loc_us-gaap_ShortTermBorrowings_A03E036B29D2C127570891C5F006F43F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShortTermBorrowings_A03E036B29D2C127570891C5F006F43F" xlink:to="lab_us-gaap_ShortTermBorrowings_A03E036B29D2C127570891C5F006F43F" xlink:type="arc"/>
<link:label id="lab_us-gaap_LongTermDebt_E1391C815F1C186D205991C5F1D94F66_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebt_E1391C815F1C186D205991C5F1D94F66" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Long-term Debt </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LongTermDebt" xlink:label="loc_us-gaap_LongTermDebt_E1391C815F1C186D205991C5F1D94F66" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermDebt_E1391C815F1C186D205991C5F1D94F66" xlink:to="lab_us-gaap_LongTermDebt_E1391C815F1C186D205991C5F1D94F66" xlink:type="arc"/>
<link:label id="lab_us-gaap_OtherLiabilities_E788844797E9995D309291C5F4B6C439_terseLabel_en-US" xlink:label="lab_us-gaap_OtherLiabilities_E788844797E9995D309291C5F4B6C439" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other Liabilities </link:label>
<link:label id="lab_us-gaap_OtherLiabilities_E788844797E9995D309291C5F4B6C439_label_en-US" xlink:label="lab_us-gaap_OtherLiabilities_E788844797E9995D309291C5F4B6C439" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Liabilities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_OtherLiabilities" xlink:label="loc_us-gaap_OtherLiabilities_E788844797E9995D309291C5F4B6C439" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherLiabilities_E788844797E9995D309291C5F4B6C439" xlink:to="lab_us-gaap_OtherLiabilities_E788844797E9995D309291C5F4B6C439" xlink:type="arc"/>
<link:label id="lab_us-gaap_Liabilities_5F781D06BED4AE083CB891C5F67833D7_totalLabel_en-US" xlink:label="lab_us-gaap_Liabilities_5F781D06BED4AE083CB891C5F67833D7" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total liabilities </link:label>
<link:label id="lab_us-gaap_Liabilities_5F781D06BED4AE083CB891C5F67833D7_label_en-US" xlink:label="lab_us-gaap_Liabilities_5F781D06BED4AE083CB891C5F67833D7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Liabilities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_Liabilities" xlink:label="loc_us-gaap_Liabilities_5F781D06BED4AE083CB891C5F67833D7" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Liabilities_5F781D06BED4AE083CB891C5F67833D7" xlink:to="lab_us-gaap_Liabilities_5F781D06BED4AE083CB891C5F67833D7" xlink:type="arc"/>
<link:label id="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_CEFD0CB0DDBD28DAB0F291C5F84B0824_terseLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_CEFD0CB0DDBD28DAB0F291C5F84B0824" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Consolidated, Total assets of VIEs </link:label>
<link:label id="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_CEFD0CB0DDBD28DAB0F291C5F84B0824_label_en-US" xlink:label="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_CEFD0CB0DDBD28DAB0F291C5F84B0824" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Variable Interest Entity, Consolidated, Carrying Amount, Assets </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets" xlink:label="loc_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_CEFD0CB0DDBD28DAB0F291C5F84B0824" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_CEFD0CB0DDBD28DAB0F291C5F84B0824" xlink:to="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_CEFD0CB0DDBD28DAB0F291C5F84B0824" xlink:type="arc"/>
<link:label id="lab_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets_0B869228344E91BACA6891C5F8ADD63A_terseLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets_0B869228344E91BACA6891C5F8ADD63A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Uncolsolidated, Total assets of VIEs </link:label>
<link:label id="lab_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets_0B869228344E91BACA6891C5F8ADD63A_label_en-US" xlink:label="lab_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets_0B869228344E91BACA6891C5F8ADD63A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Variable Interest Entity, Nonconsolidated, Carrying Amount, Assets </link:label>
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<link:label id="lab_bac_VariableInterestEntityConsolidatedAndNonconsolidatedCarryingAmountAssets_E29EEEBC85DC7FF695D991C5F9128D42_terseLabel_en-US" xlink:label="lab_bac_VariableInterestEntityConsolidatedAndNonconsolidatedCarryingAmountAssets_E29EEEBC85DC7FF695D991C5F9128D42" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total assets of VIEs </link:label>
<link:label id="lab_bac_VariableInterestEntityConsolidatedAndNonconsolidatedCarryingAmountAssets_E29EEEBC85DC7FF695D991C5F9128D42_label_en-US" xlink:label="lab_bac_VariableInterestEntityConsolidatedAndNonconsolidatedCarryingAmountAssets_E29EEEBC85DC7FF695D991C5F9128D42" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Variable Interest Entity, Consolidated and Nonconsolidated, Carrying Amount, Assets </link:label>
<link:label id="lab_bac_VariableInterestEntityConsolidatedAndNonconsolidatedCarryingAmountAssets_E29EEEBC85DC7FF695D991C5F9128D42_documentation_en-US" xlink:label="lab_bac_VariableInterestEntityConsolidatedAndNonconsolidatedCarryingAmountAssets_E29EEEBC85DC7FF695D991C5F9128D42" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Variable Interest Entity, Consolidated and Nonconsolidated, Carrying Amount, Assets </link:label>
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<link:label id="lab_bac_InTextDetailsAbstract_E86D201B13A5C68C8D4791CCDB817AF8_terseLabel_en-US" xlink:label="lab_bac_InTextDetailsAbstract_E86D201B13A5C68C8D4791CCDB817AF8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> In Text Details [Abstract] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_InTextDetailsAbstract" xlink:label="loc_bac_InTextDetailsAbstract_E86D201B13A5C68C8D4791CCDB817AF8" xlink:type="locator"/>
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<link:label id="lab_bac_LiquidityCommitmentsToUnconsolidatedSecuritizationTrusts_5F6A964685DDB322080991CC7C8E2178_terseLabel_en-US" xlink:label="lab_bac_LiquidityCommitmentsToUnconsolidatedSecuritizationTrusts_5F6A964685DDB322080991CC7C8E2178" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Liquidity Commitments To Unconsolidated Securitization Trusts </link:label>
<link:label id="lab_bac_LiquidityCommitmentsToUnconsolidatedSecuritizationTrusts_5F6A964685DDB322080991CC7C8E2178_label_en-US" xlink:label="lab_bac_LiquidityCommitmentsToUnconsolidatedSecuritizationTrusts_5F6A964685DDB322080991CC7C8E2178" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Liquidity Commitments To Unconsolidated Securitization Trusts </link:label>
<link:label id="lab_bac_LiquidityCommitmentsToUnconsolidatedSecuritizationTrusts_5F6A964685DDB322080991CC7C8E2178_documentation_en-US" xlink:label="lab_bac_LiquidityCommitmentsToUnconsolidatedSecuritizationTrusts_5F6A964685DDB322080991CC7C8E2178" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the Corporation's liquidity commitments to unconsolidated securitization trusts, by asset backed financing arrangements. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_LiquidityCommitmentsToUnconsolidatedSecuritizationTrusts" xlink:label="loc_bac_LiquidityCommitmentsToUnconsolidatedSecuritizationTrusts_5F6A964685DDB322080991CC7C8E2178" xlink:type="locator"/>
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<link:label id="lab_bac_TradingAccountAssetsAndLiabilitiesDisclosureTextBlock_FFD75A70538E957642E833599230086D_terseLabel_en-US" xlink:label="lab_bac_TradingAccountAssetsAndLiabilitiesDisclosureTextBlock_FFD75A70538E957642E833599230086D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Trading Account Assets And Liabilities Disclosure [Text Block] </link:label>
<link:label id="lab_bac_TradingAccountAssetsAndLiabilitiesDisclosureTextBlock_FFD75A70538E957642E833599230086D_label_en-US" xlink:label="lab_bac_TradingAccountAssetsAndLiabilitiesDisclosureTextBlock_FFD75A70538E957642E833599230086D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Trading Account Assets And Liabilities Disclosure [Text Block] </link:label>
<link:label id="lab_bac_TradingAccountAssetsAndLiabilitiesDisclosureTextBlock_FFD75A70538E957642E833599230086D_documentation_en-US" xlink:label="lab_bac_TradingAccountAssetsAndLiabilitiesDisclosureTextBlock_FFD75A70538E957642E833599230086D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> The entire disclosure trading assets and liabilities. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_TradingAccountAssetsAndLiabilitiesDisclosureTextBlock" xlink:label="loc_bac_TradingAccountAssetsAndLiabilitiesDisclosureTextBlock_FFD75A70538E957642E833599230086D" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ScheduleOfAvailableForSaleSecuritiesTable_E8809BC9BBD906A68C11BE805FDB8EC4_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfAvailableForSaleSecuritiesTable_E8809BC9BBD906A68C11BE805FDB8EC4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Available-for-sale Securities [Table] </link:label>
<link:label id="lab_us-gaap_ScheduleOfAvailableForSaleSecuritiesTable_E8809BC9BBD906A68C11BE805FDB8EC4_label_en-US" xlink:label="lab_us-gaap_ScheduleOfAvailableForSaleSecuritiesTable_E8809BC9BBD906A68C11BE805FDB8EC4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Available-for-sale Securities [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ScheduleOfAvailableForSaleSecuritiesTable" xlink:label="loc_us-gaap_ScheduleOfAvailableForSaleSecuritiesTable_E8809BC9BBD906A68C11BE805FDB8EC4" xlink:type="locator"/>
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<link:label id="lab_bac_ImpairmentTypeAxis_7C47D78E786DBE91BCB8BED03DDAA1BE_label_en-US" xlink:label="lab_bac_ImpairmentTypeAxis_7C47D78E786DBE91BCB8BED03DDAA1BE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Impairment Type [Axis] </link:label>
<link:label id="lab_bac_ImpairmentTypeAxis_7C47D78E786DBE91BCB8BED03DDAA1BE_documentation_en-US" xlink:label="lab_bac_ImpairmentTypeAxis_7C47D78E786DBE91BCB8BED03DDAA1BE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Impairment type. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ImpairmentTypeAxis" xlink:label="loc_bac_ImpairmentTypeAxis_7C47D78E786DBE91BCB8BED03DDAA1BE" xlink:type="locator"/>
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<link:label id="lab_bac_ImpairmentTypeDomain_A21587ABA46DE7F032ADBED0404BCE53_label_en-US" xlink:label="lab_bac_ImpairmentTypeDomain_A21587ABA46DE7F032ADBED0404BCE53" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Impairment Type [Domain] </link:label>
<link:label id="lab_bac_ImpairmentTypeDomain_A21587ABA46DE7F032ADBED0404BCE53_documentation_en-US" xlink:label="lab_bac_ImpairmentTypeDomain_A21587ABA46DE7F032ADBED0404BCE53" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Impairment type. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ImpairmentTypeDomain" xlink:label="loc_bac_ImpairmentTypeDomain_A21587ABA46DE7F032ADBED0404BCE53" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ImpairmentTypeDomain_A21587ABA46DE7F032ADBED0404BCE53" xlink:to="lab_bac_ImpairmentTypeDomain_A21587ABA46DE7F032ADBED0404BCE53" xlink:type="arc"/>
<link:label id="lab_bac_TemporarilyImpairedMember_BC20B079ED2AEB8B41F1BED03F1A3121_label_en-US" xlink:label="lab_bac_TemporarilyImpairedMember_BC20B079ED2AEB8B41F1BED03F1A3121" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Temporarily Impaired [Member] </link:label>
<link:label id="lab_bac_TemporarilyImpairedMember_BC20B079ED2AEB8B41F1BED03F1A3121_documentation_en-US" xlink:label="lab_bac_TemporarilyImpairedMember_BC20B079ED2AEB8B41F1BED03F1A3121" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Temporarily impaired. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_TemporarilyImpairedMember" xlink:label="loc_bac_TemporarilyImpairedMember_BC20B079ED2AEB8B41F1BED03F1A3121" xlink:type="locator"/>
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<link:label id="lab_us-gaap_MortgageBackedSecuritiesMember_421F60C1A48EED6FC18CBED422836007_label_en-US" xlink:label="lab_us-gaap_MortgageBackedSecuritiesMember_421F60C1A48EED6FC18CBED422836007" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Collateralized Mortgage Backed Securities [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_MortgageBackedSecuritiesMember" xlink:label="loc_us-gaap_MortgageBackedSecuritiesMember_421F60C1A48EED6FC18CBED422836007" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems_0E5FAD80DA1AAB696B60BE805FDCAF3B_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems_0E5FAD80DA1AAB696B60BE805FDCAF3B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Available-for-sale Securities [Line Items] </link:label>
<link:label id="lab_us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems_0E5FAD80DA1AAB696B60BE805FDCAF3B_label_en-US" xlink:label="lab_us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems_0E5FAD80DA1AAB696B60BE805FDCAF3B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Available-for-sale Securities [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems" xlink:label="loc_us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems_0E5FAD80DA1AAB696B60BE805FDCAF3B" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAmortizedCostAbstract_C4CF2D0194A25B251359BE814D451698_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAmortizedCostAbstract_C4CF2D0194A25B251359BE814D451698" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Available-for-sale Securities, Debt Maturities, Amortized Cost Basis [Abstract] </link:label>
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<link:label id="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost_656DB4F787E4253BE817BE81B4297556_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost_656DB4F787E4253BE817BE81B4297556" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Available-for-sale Securities, Debt Maturities, within One Year, Amortized Cost Basis </link:label>
<link:label id="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost_656DB4F787E4253BE817BE81B4297556_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost_656DB4F787E4253BE817BE81B4297556" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Available-for-sale Securities, Debt Maturities, within One Year, Amortized Cost Basis </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost_656DB4F787E4253BE817BE81B4297556" xlink:type="locator"/>
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<link:label id="lab_bac_AvailableForSaleSecuritiesDebtMaturitiesYieldWithinOneYear_DC8EB75C22059A18E1A6BEB4AA96943F_terseLabel_en-US" xlink:label="lab_bac_AvailableForSaleSecuritiesDebtMaturitiesYieldWithinOneYear_DC8EB75C22059A18E1A6BEB4AA96943F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Available For Sale Securities Debt Maturities, Yield, Within One Year </link:label>
<link:label id="lab_bac_AvailableForSaleSecuritiesDebtMaturitiesYieldWithinOneYear_DC8EB75C22059A18E1A6BEB4AA96943F_label_en-US" xlink:label="lab_bac_AvailableForSaleSecuritiesDebtMaturitiesYieldWithinOneYear_DC8EB75C22059A18E1A6BEB4AA96943F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Available For Sale Securities Debt Maturities, Yield, Within One Year </link:label>
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<link:loc xlink:href="bac-20111231.xsd#bac_AvailableForSaleSecuritiesDebtMaturitiesYieldWithinOneYear" xlink:label="loc_bac_AvailableForSaleSecuritiesDebtMaturitiesYieldWithinOneYear_DC8EB75C22059A18E1A6BEB4AA96943F" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost_420D8736649E3369C32BBEB8E07249C4_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost_420D8736649E3369C32BBEB8E07249C4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Available-for-sale Securities, Debt Maturities, after One Through Five Years, Amortized Cost Basis </link:label>
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<link:label id="lab_bac_AvailableForSaleSecuritiesDebtMaturitiesYieldAfterOneThroughFiveYears_F23B9B8A4ED704857575BEBED958AA72_label_en-US" xlink:label="lab_bac_AvailableForSaleSecuritiesDebtMaturitiesYieldAfterOneThroughFiveYears_F23B9B8A4ED704857575BEBED958AA72" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Available-for-sale Securities, Debt Maturities, Yield, after One Through Five Years </link:label>
<link:label id="lab_bac_AvailableForSaleSecuritiesDebtMaturitiesYieldAfterOneThroughFiveYears_F23B9B8A4ED704857575BEBED958AA72_documentation_en-US" xlink:label="lab_bac_AvailableForSaleSecuritiesDebtMaturitiesYieldAfterOneThroughFiveYears_F23B9B8A4ED704857575BEBED958AA72" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This item represents the yield percent of debt securities which are expected to mature after one year through five years of the balance sheet date and which are categorized neither as held-to-maturity nor trading securities. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_AvailableForSaleSecuritiesDebtMaturitiesYieldAfterOneThroughFiveYears" xlink:label="loc_bac_AvailableForSaleSecuritiesDebtMaturitiesYieldAfterOneThroughFiveYears_F23B9B8A4ED704857575BEBED958AA72" xlink:type="locator"/>
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<link:label id="lab_bac_AvailableForSaleSecuritiesDebtMaturitiesYieldAfterFiveThroughTenYears_EAA2031CFD9A164112B0BEC02A882E86_label_en-US" xlink:label="lab_bac_AvailableForSaleSecuritiesDebtMaturitiesYieldAfterFiveThroughTenYears_EAA2031CFD9A164112B0BEC02A882E86" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Available-for-sale Securities, Debt Maturities, Yield, after Five Through Ten Years </link:label>
<link:label id="lab_bac_AvailableForSaleSecuritiesDebtMaturitiesYieldAfterFiveThroughTenYears_EAA2031CFD9A164112B0BEC02A882E86_documentation_en-US" xlink:label="lab_bac_AvailableForSaleSecuritiesDebtMaturitiesYieldAfterFiveThroughTenYears_EAA2031CFD9A164112B0BEC02A882E86" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This item represents the yield percent of debt securities which are expected to mature after five years through ten years of the balance sheet date and which are categorized neither as held-to-maturity nor trading securities. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_AvailableForSaleSecuritiesDebtMaturitiesYieldAfterFiveThroughTenYears" xlink:label="loc_bac_AvailableForSaleSecuritiesDebtMaturitiesYieldAfterFiveThroughTenYears_EAA2031CFD9A164112B0BEC02A882E86" xlink:type="locator"/>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost_633B2B3A477A4A721CC4BEBC4B370953" xlink:type="locator"/>
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<link:label id="lab_bac_AvailableForSaleSecuritiesDebtMaturitiesYieldAfterTenYears_1E338AF06781969369B0BEC15837DBD7_label_en-US" xlink:label="lab_bac_AvailableForSaleSecuritiesDebtMaturitiesYieldAfterTenYears_1E338AF06781969369B0BEC15837DBD7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Available-for-sale Securities, Debt Maturities, Yield, after Ten Years </link:label>
<link:label id="lab_bac_AvailableForSaleSecuritiesDebtMaturitiesYieldAfterTenYears_1E338AF06781969369B0BEC15837DBD7_documentation_en-US" xlink:label="lab_bac_AvailableForSaleSecuritiesDebtMaturitiesYieldAfterTenYears_1E338AF06781969369B0BEC15837DBD7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This item represents the yield percent of debt securities which are expected to mature after ten years of the balance sheet date and which are categorized neither as held-to-maturity nor trading securities. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_AvailableForSaleSecuritiesDebtMaturitiesYieldAfterTenYears" xlink:label="loc_bac_AvailableForSaleSecuritiesDebtMaturitiesYieldAfterTenYears_1E338AF06781969369B0BEC15837DBD7" xlink:type="locator"/>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost_09AB2FB4C213DD4BE9A2BEBCAA5D4662" xlink:type="locator"/>
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<link:label id="lab_bac_AvailableForSaleSecuritiesDebtMaturitiesYield_D96396C54833603F5919BEC384C2FDF4_label_en-US" xlink:label="lab_bac_AvailableForSaleSecuritiesDebtMaturitiesYield_D96396C54833603F5919BEC384C2FDF4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Available-for-sale Securities, Debt Maturities, Yield </link:label>
<link:label id="lab_bac_AvailableForSaleSecuritiesDebtMaturitiesYield_D96396C54833603F5919BEC384C2FDF4_documentation_en-US" xlink:label="lab_bac_AvailableForSaleSecuritiesDebtMaturitiesYield_D96396C54833603F5919BEC384C2FDF4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This item represents the yield percent of debt securities which are categorized neither as held-to-maturity nor trading securities. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_AvailableForSaleSecuritiesDebtMaturitiesYield" xlink:label="loc_bac_AvailableForSaleSecuritiesDebtMaturitiesYield_D96396C54833603F5919BEC384C2FDF4" xlink:type="locator"/>
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<link:label id="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNetCarryingAmountAbstract_CDF9C8171EF8AE12973EBEE2A93CF478_label_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNetCarryingAmountAbstract_CDF9C8171EF8AE12973EBEE2A93CF478" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Held-to-maturity Securities, Debt Maturities, Net Carrying Amount [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNetCarryingAmountAbstract" xlink:label="loc_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNetCarryingAmountAbstract_CDF9C8171EF8AE12973EBEE2A93CF478" xlink:type="locator"/>
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<link:label id="lab_bac_HeldToMaturitySecuritiesDebtMaturitiesYieldWithinOneYear_836EABFADBDB6F91644EBF275C5E06C3_label_en-US" xlink:label="lab_bac_HeldToMaturitySecuritiesDebtMaturitiesYieldWithinOneYear_836EABFADBDB6F91644EBF275C5E06C3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Held-to-maturity Securities, Debt Maturities, Yield, within One Year </link:label>
<link:label id="lab_bac_HeldToMaturitySecuritiesDebtMaturitiesYieldWithinOneYear_836EABFADBDB6F91644EBF275C5E06C3_documentation_en-US" xlink:label="lab_bac_HeldToMaturitySecuritiesDebtMaturitiesYieldWithinOneYear_836EABFADBDB6F91644EBF275C5E06C3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This item represents the yield percent for debt securities which are expected to mature within one year of the balance sheet date and which are categorized as held-to-maturity. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_HeldToMaturitySecuritiesDebtMaturitiesYieldWithinOneYear" xlink:label="loc_bac_HeldToMaturitySecuritiesDebtMaturitiesYieldWithinOneYear_836EABFADBDB6F91644EBF275C5E06C3" xlink:type="locator"/>
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<link:label id="lab_us-gaap_GoodwillImpairmentLoss_0B0FA3AB755901DCEDD485F9234F67F3_label_en-US" xlink:label="lab_us-gaap_GoodwillImpairmentLoss_0B0FA3AB755901DCEDD485F9234F67F3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Goodwill, Impairment Loss </link:label>
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<link:label id="lab_us-gaap_GainLossOnSaleOfDebtInvestments_CF76331D1CCA004B3FB45EE9443D1710_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_GainLossOnSaleOfDebtInvestments_CF76331D1CCA004B3FB45EE9443D1710" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Gains on sales of debt securities </link:label>
<link:label id="lab_us-gaap_GainLossOnSaleOfDebtInvestments_CF76331D1CCA004B3FB45EE9443D1710_label_en-US" xlink:label="lab_us-gaap_GainLossOnSaleOfDebtInvestments_CF76331D1CCA004B3FB45EE9443D1710" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Gain (Loss) on Sale of Debt Investments </link:label>
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<link:label id="lab_us-gaap_DepreciationNonproduction_7DFD90EA374DDC8E16AB5EE9FC1988F2_terseLabel_en-US" xlink:label="lab_us-gaap_DepreciationNonproduction_7DFD90EA374DDC8E16AB5EE9FC1988F2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Depreciation and premises improvements amortization </link:label>
<link:label id="lab_us-gaap_DepreciationNonproduction_7DFD90EA374DDC8E16AB5EE9FC1988F2_label_en-US" xlink:label="lab_us-gaap_DepreciationNonproduction_7DFD90EA374DDC8E16AB5EE9FC1988F2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Depreciation, Nonproduction </link:label>
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<link:label id="lab_us-gaap_AmortizationOfIntangibleAssets_16C35B2538A15977747885F965CA01D9_terseLabel_en-US" xlink:label="lab_us-gaap_AmortizationOfIntangibleAssets_16C35B2538A15977747885F965CA01D9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Amortization of intangibles </link:label>
<link:label id="lab_us-gaap_AmortizationOfIntangibleAssets_16C35B2538A15977747885F965CA01D9_label_en-US" xlink:label="lab_us-gaap_AmortizationOfIntangibleAssets_16C35B2538A15977747885F965CA01D9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Amortization of Intangible Assets </link:label>
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<link:label id="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_272A6ABCAC9518CFDDCD85F9B34E27AD_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_272A6ABCAC9518CFDDCD85F9B34E27AD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Deferred income taxes </link:label>
<link:label id="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_272A6ABCAC9518CFDDCD85F9B34E27AD_label_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_272A6ABCAC9518CFDDCD85F9B34E27AD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Deferred Income Tax Expense (Benefit) </link:label>
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<link:label id="lab_us-gaap_IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities_15F15CF5BB6F8097D6025EEB73C45A34_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities_15F15CF5BB6F8097D6025EEB73C45A34" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Net decrease in trading and derivative instruments </link:label>
<link:label id="lab_us-gaap_IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities_15F15CF5BB6F8097D6025EEB73C45A34_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities_15F15CF5BB6F8097D6025EEB73C45A34" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Increase (Decrease) in Financial Instruments Used in Operating Activities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities" xlink:label="loc_us-gaap_IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities_15F15CF5BB6F8097D6025EEB73C45A34" xlink:type="locator"/>
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<link:label id="lab_us-gaap_IncreaseDecreaseInOtherOperatingAssets_FBB1F003A9784FAA3D7D5EECA5DC2B71_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherOperatingAssets_FBB1F003A9784FAA3D7D5EECA5DC2B71" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Net decrease in other assets </link:label>
<link:label id="lab_us-gaap_IncreaseDecreaseInOtherOperatingAssets_FBB1F003A9784FAA3D7D5EECA5DC2B71_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherOperatingAssets_FBB1F003A9784FAA3D7D5EECA5DC2B71" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Increase (Decrease) in Other Operating Assets </link:label>
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<link:label id="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_5359F07F131C4365232A5EED1E413B38_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_5359F07F131C4365232A5EED1E413B38" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net increase (decrease) in accrued expenses and other liabilities </link:label>
<link:label id="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_5359F07F131C4365232A5EED1E413B38_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_5359F07F131C4365232A5EED1E413B38" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Increase (Decrease) in Accounts Payable and Accrued Liabilities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities" xlink:label="loc_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_5359F07F131C4365232A5EED1E413B38" xlink:type="locator"/>
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<link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_69CE28BCF1B76E0D4C115EEE77AD6249_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_69CE28BCF1B76E0D4C115EEE77AD6249" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Investing activities </link:label>
<link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_69CE28BCF1B76E0D4C115EEE77AD6249_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_69CE28BCF1B76E0D4C115EEE77AD6249" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Net Cash Provided by (Used in) Investing Activities [Abstract] </link:label>
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<link:label id="lab_us-gaap_ProceedsFromPaymentsForInInterestBearingDepositsInBanks_02529892BB95B2CB643D5EF01EA5880E_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromPaymentsForInInterestBearingDepositsInBanks_02529892BB95B2CB643D5EF01EA5880E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net (increase) decrease in time deposits placed and other short-term investments </link:label>
<link:label id="lab_us-gaap_ProceedsFromPaymentsForInInterestBearingDepositsInBanks_02529892BB95B2CB643D5EF01EA5880E_label_en-US" xlink:label="lab_us-gaap_ProceedsFromPaymentsForInInterestBearingDepositsInBanks_02529892BB95B2CB643D5EF01EA5880E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Proceeds from (Payments for) in Interest-bearing Deposits in Banks </link:label>
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<link:label id="lab_bac_ProceedsFromPaymentsForFederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellNet_9936B1E45C3289F7CD1A5EF0AC4A79B2_terseLabel_en-US" xlink:label="lab_bac_ProceedsFromPaymentsForFederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellNet_9936B1E45C3289F7CD1A5EF0AC4A79B2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net (increase) decrease in federal funds sold and securities borrowed or purchased under agreements to resell </link:label>
<link:label id="lab_bac_ProceedsFromPaymentsForFederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellNet_9936B1E45C3289F7CD1A5EF0AC4A79B2_label_en-US" xlink:label="lab_bac_ProceedsFromPaymentsForFederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellNet_9936B1E45C3289F7CD1A5EF0AC4A79B2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Proceeds From Payments For Federal Funds Sold And Securities Borrowed Or Purchased Under Agreements To Resell Net </link:label>
<link:label id="lab_bac_ProceedsFromPaymentsForFederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellNet_9936B1E45C3289F7CD1A5EF0AC4A79B2_documentation_en-US" xlink:label="lab_bac_ProceedsFromPaymentsForFederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellNet_9936B1E45C3289F7CD1A5EF0AC4A79B2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> The cash flow from the funds lent to and (borrowed from) other financial reporting institutions arising from excess or shortfall in reserve deposited at the Federal Reserve Bank to meet legal requirements. This lending and borrowing is usually contracted on an overnight basis at an agreed rate of interest. Also include cash outflow (inflow) from investments borrowed or purchased under the agreement to resell such investment. </link:label>
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<link:label id="lab_us-gaap_ProceedsFromSaleOfAvailableForSaleSecuritiesDebt_0F05AD1D57F747C0F1125EF13BB2088D_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfAvailableForSaleSecuritiesDebt_0F05AD1D57F747C0F1125EF13BB2088D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Proceeds from sales of available-for-sale debt securities </link:label>
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<link:label id="lab_bac_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleDebtSecurities_18015B7A17E6B1782AC55EF2E605D765_terseLabel_en-US" xlink:label="lab_bac_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleDebtSecurities_18015B7A17E6B1782AC55EF2E605D765" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Proceeds from paydowns and maturities of available-for-sale debt securities </link:label>
<link:label id="lab_bac_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleDebtSecurities_18015B7A17E6B1782AC55EF2E605D765_label_en-US" xlink:label="lab_bac_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleDebtSecurities_18015B7A17E6B1782AC55EF2E605D765" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Proceeds From Maturities Prepayments And Calls Of Available For Sale Debt Securities </link:label>
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<link:label id="lab_us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesDebt_E87AFE8C85E96115A4495EF34B530C2F_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesDebt_E87AFE8C85E96115A4495EF34B530C2F" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Purchases of available-for-sale debt securities </link:label>
<link:label id="lab_us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesDebt_E87AFE8C85E96115A4495EF34B530C2F_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesDebt_E87AFE8C85E96115A4495EF34B530C2F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Payments to Acquire Available-for-sale Securities, Debt </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesDebt" xlink:label="loc_us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesDebt_E87AFE8C85E96115A4495EF34B530C2F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesDebt_E87AFE8C85E96115A4495EF34B530C2F" xlink:to="lab_us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesDebt_E87AFE8C85E96115A4495EF34B530C2F" xlink:type="arc"/>
<link:label id="lab_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities_5A580573A879AB2271945EF46B572966_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities_5A580573A879AB2271945EF46B572966" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Proceeds from maturities of held-to-maturity debt securities </link:label>
<link:label id="lab_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities_5A580573A879AB2271945EF46B572966_label_en-US" xlink:label="lab_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities_5A580573A879AB2271945EF46B572966" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Proceeds from Maturities, Prepayments and Calls of Held-to-maturity Securities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities" xlink:label="loc_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities_5A580573A879AB2271945EF46B572966" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities_5A580573A879AB2271945EF46B572966" xlink:to="lab_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities_5A580573A879AB2271945EF46B572966" xlink:type="arc"/>
<link:label id="lab_us-gaap_PaymentsToAcquireHeldToMaturitySecurities_88473CA6B47F4EBF4AF25EF4C5261259_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireHeldToMaturitySecurities_88473CA6B47F4EBF4AF25EF4C5261259" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Purchases of held-to-maturity debt securities </link:label>
<link:label id="lab_us-gaap_PaymentsToAcquireHeldToMaturitySecurities_88473CA6B47F4EBF4AF25EF4C5261259_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireHeldToMaturitySecurities_88473CA6B47F4EBF4AF25EF4C5261259" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Payments to Acquire Held-to-maturity Securities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_PaymentsToAcquireHeldToMaturitySecurities" xlink:label="loc_us-gaap_PaymentsToAcquireHeldToMaturitySecurities_88473CA6B47F4EBF4AF25EF4C5261259" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquireHeldToMaturitySecurities_88473CA6B47F4EBF4AF25EF4C5261259" xlink:to="lab_us-gaap_PaymentsToAcquireHeldToMaturitySecurities_88473CA6B47F4EBF4AF25EF4C5261259" xlink:type="arc"/>
<link:label id="lab_us-gaap_ProceedsFromSaleOfLoansAndLeasesHeldForInvestment_3E36A65F815B80ABC2555EF539B1738D_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfLoansAndLeasesHeldForInvestment_3E36A65F815B80ABC2555EF539B1738D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Proceeds from sales of loans and leases </link:label>
<link:label id="lab_us-gaap_ProceedsFromSaleOfLoansAndLeasesHeldForInvestment_3E36A65F815B80ABC2555EF539B1738D_label_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfLoansAndLeasesHeldForInvestment_3E36A65F815B80ABC2555EF539B1738D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Proceeds from Sale of Loans and Leases Held-for-investment </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ProceedsFromSaleOfLoansAndLeasesHeldForInvestment" xlink:label="loc_us-gaap_ProceedsFromSaleOfLoansAndLeasesHeldForInvestment_3E36A65F815B80ABC2555EF539B1738D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromSaleOfLoansAndLeasesHeldForInvestment_3E36A65F815B80ABC2555EF539B1738D" xlink:to="lab_us-gaap_ProceedsFromSaleOfLoansAndLeasesHeldForInvestment_3E36A65F815B80ABC2555EF539B1738D" xlink:type="arc"/>
<link:label id="lab_us-gaap_PaymentsForProceedsFromOtherLoansAndLeases_3F8028BC5DD47222DB245EF5A78DEB08_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsForProceedsFromOtherLoansAndLeases_3F8028BC5DD47222DB245EF5A78DEB08" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Other changes in loans and leases, net </link:label>
<link:label id="lab_us-gaap_PaymentsForProceedsFromOtherLoansAndLeases_3F8028BC5DD47222DB245EF5A78DEB08_label_en-US" xlink:label="lab_us-gaap_PaymentsForProceedsFromOtherLoansAndLeases_3F8028BC5DD47222DB245EF5A78DEB08" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Payments for (Proceeds from) Other Loans and Leases </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_PaymentsForProceedsFromOtherLoansAndLeases" xlink:label="loc_us-gaap_PaymentsForProceedsFromOtherLoansAndLeases_3F8028BC5DD47222DB245EF5A78DEB08" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsForProceedsFromOtherLoansAndLeases_3F8028BC5DD47222DB245EF5A78DEB08" xlink:to="lab_us-gaap_PaymentsForProceedsFromOtherLoansAndLeases_3F8028BC5DD47222DB245EF5A78DEB08" xlink:type="arc"/>
<link:label id="lab_us-gaap_PaymentsForProceedsFromProductiveAssets_29041F9837A99356EBBD5EF65B69536F_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsForProceedsFromProductiveAssets_29041F9837A99356EBBD5EF65B69536F" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Net purchases of premises and equipment </link:label>
<link:label id="lab_us-gaap_PaymentsForProceedsFromProductiveAssets_29041F9837A99356EBBD5EF65B69536F_label_en-US" xlink:label="lab_us-gaap_PaymentsForProceedsFromProductiveAssets_29041F9837A99356EBBD5EF65B69536F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Payments for (Proceeds from) Productive Assets </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_PaymentsForProceedsFromProductiveAssets" xlink:label="loc_us-gaap_PaymentsForProceedsFromProductiveAssets_29041F9837A99356EBBD5EF65B69536F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsForProceedsFromProductiveAssets_29041F9837A99356EBBD5EF65B69536F" xlink:to="lab_us-gaap_PaymentsForProceedsFromProductiveAssets_29041F9837A99356EBBD5EF65B69536F" xlink:type="arc"/>
<link:label id="lab_us-gaap_ProceedsFromSaleOfForeclosedAssets_2A111CA7A278A567E2225EF7495E36A3_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfForeclosedAssets_2A111CA7A278A567E2225EF7495E36A3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Proceeds from sales of foreclosed properties </link:label>
<link:label id="lab_us-gaap_ProceedsFromSaleOfForeclosedAssets_2A111CA7A278A567E2225EF7495E36A3_label_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfForeclosedAssets_2A111CA7A278A567E2225EF7495E36A3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Proceeds from Sale of Foreclosed Assets </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ProceedsFromSaleOfForeclosedAssets" xlink:label="loc_us-gaap_ProceedsFromSaleOfForeclosedAssets_2A111CA7A278A567E2225EF7495E36A3" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromSaleOfForeclosedAssets_2A111CA7A278A567E2225EF7495E36A3" xlink:to="lab_us-gaap_ProceedsFromSaleOfForeclosedAssets_2A111CA7A278A567E2225EF7495E36A3" xlink:type="arc"/>
<link:label id="lab_us-gaap_CashAcquiredFromAcquisition_FF58A04993B2003D5EDC5EFCA29E340D_terseLabel_en-US" xlink:label="lab_us-gaap_CashAcquiredFromAcquisition_FF58A04993B2003D5EDC5EFCA29E340D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Cash received upon acquisition, net </link:label>
<link:label id="lab_us-gaap_CashAcquiredFromAcquisition_FF58A04993B2003D5EDC5EFCA29E340D_label_en-US" xlink:label="lab_us-gaap_CashAcquiredFromAcquisition_FF58A04993B2003D5EDC5EFCA29E340D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Cash Acquired from Acquisition </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CashAcquiredFromAcquisition" xlink:label="loc_us-gaap_CashAcquiredFromAcquisition_FF58A04993B2003D5EDC5EFCA29E340D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashAcquiredFromAcquisition_FF58A04993B2003D5EDC5EFCA29E340D" xlink:to="lab_us-gaap_CashAcquiredFromAcquisition_FF58A04993B2003D5EDC5EFCA29E340D" xlink:type="arc"/>
<link:label id="lab_bac_CashReceivedDueToImpactOfAdoptionOfNewConsolidationGuidance_9F120E46AE986EB242F05EFAE1C4B6C0_terseLabel_en-US" xlink:label="lab_bac_CashReceivedDueToImpactOfAdoptionOfNewConsolidationGuidance_9F120E46AE986EB242F05EFAE1C4B6C0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Cash received due to impact of adoption of consolidation guidance </link:label>
<link:label id="lab_bac_CashReceivedDueToImpactOfAdoptionOfNewConsolidationGuidance_9F120E46AE986EB242F05EFAE1C4B6C0_label_en-US" xlink:label="lab_bac_CashReceivedDueToImpactOfAdoptionOfNewConsolidationGuidance_9F120E46AE986EB242F05EFAE1C4B6C0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Cash received due to impact of adoption of new consolidation guidance </link:label>
<link:label id="lab_bac_CashReceivedDueToImpactOfAdoptionOfNewConsolidationGuidance_9F120E46AE986EB242F05EFAE1C4B6C0_documentation_en-US" xlink:label="lab_bac_CashReceivedDueToImpactOfAdoptionOfNewConsolidationGuidance_9F120E46AE986EB242F05EFAE1C4B6C0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Cash received due to impact of adoption of new accounting guidance on the transfer of financial assets and consolidation of variable interest entities. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CashReceivedDueToImpactOfAdoptionOfNewConsolidationGuidance" xlink:label="loc_bac_CashReceivedDueToImpactOfAdoptionOfNewConsolidationGuidance_9F120E46AE986EB242F05EFAE1C4B6C0" xlink:type="locator"/>
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<link:label id="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_5B2C15D06B2496BC45955F0064ABAAEA_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_5B2C15D06B2496BC45955F0064ABAAEA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Financing activities </link:label>
<link:label id="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_5B2C15D06B2496BC45955F0064ABAAEA_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_5B2C15D06B2496BC45955F0064ABAAEA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Net Cash Provided by (Used in) Financing Activities [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:label="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_5B2C15D06B2496BC45955F0064ABAAEA" xlink:type="locator"/>
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<link:label id="lab_us-gaap_IncreaseDecreaseInDeposits_8CDEF6B3C982AB4641C65F00BE8129A5_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInDeposits_8CDEF6B3C982AB4641C65F00BE8129A5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net increase in deposits </link:label>
<link:label id="lab_us-gaap_IncreaseDecreaseInDeposits_8CDEF6B3C982AB4641C65F00BE8129A5_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInDeposits_8CDEF6B3C982AB4641C65F00BE8129A5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Increase (Decrease) in Deposits </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_IncreaseDecreaseInDeposits" xlink:label="loc_us-gaap_IncreaseDecreaseInDeposits_8CDEF6B3C982AB4641C65F00BE8129A5" xlink:type="locator"/>
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<link:label id="lab_bac_IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchaseNet_ECB634E92B3D7D5C1AAC5F018E38C9C7_terseLabel_en-US" xlink:label="lab_bac_IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchaseNet_ECB634E92B3D7D5C1AAC5F018E38C9C7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net decrease in federal funds purchased and securities loaned or sold under agreements to repurchase </link:label>
<link:label id="lab_bac_IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchaseNet_ECB634E92B3D7D5C1AAC5F018E38C9C7_label_en-US" xlink:label="lab_bac_IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchaseNet_ECB634E92B3D7D5C1AAC5F018E38C9C7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Increase Decrease In Federal Funds Purchased And Securities Loaned Or Sold Under Agreements To Repurchase Net </link:label>
<link:label id="lab_bac_IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchaseNet_ECB634E92B3D7D5C1AAC5F018E38C9C7_documentation_en-US" xlink:label="lab_bac_IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchaseNet_ECB634E92B3D7D5C1AAC5F018E38C9C7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> The net cash inflow (outflow) from the fund lent to other financial institution arising from the excess in reserve deposited at Federal Reserve Bank to meet legal requirement. This borrowing is usually contracted on an overnight basis at an agreed rate of interest. Also include cash inflow (outflow) from investment loaned or sold under the agreement to reacquire such investment. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchaseNet" xlink:label="loc_bac_IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchaseNet_ECB634E92B3D7D5C1AAC5F018E38C9C7" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ProceedsFromRepaymentsOfShortTermDebt_1F760D6369C03A984AFF5F01EBB806C7_verboseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromRepaymentsOfShortTermDebt_1F760D6369C03A984AFF5F01EBB806C7" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Net decrease in commercial paper and other short-term borrowings </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ProceedsFromRepaymentsOfShortTermDebt" xlink:label="loc_us-gaap_ProceedsFromRepaymentsOfShortTermDebt_1F760D6369C03A984AFF5F01EBB806C7" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ForeignGovernmentDebtSecuritiesMember_369FEC105AD9114D32ED33701581E9D1_terseLabel_en-US" xlink:label="lab_us-gaap_ForeignGovernmentDebtSecuritiesMember_369FEC105AD9114D32ED33701581E9D1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Non-U.S. sovereign debt </link:label>
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<link:label id="lab_bac_MortgageTradingLoansAndAssetBackedSecuritiesMember_40E9718EF016D6FB36AE33701B09A562_terseLabel_en-US" xlink:label="lab_bac_MortgageTradingLoansAndAssetBackedSecuritiesMember_40E9718EF016D6FB36AE33701B09A562" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Mortgage trading loans and asset-backed securities </link:label>
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<link:label id="lab_bac_CorporateSecuritiesAndOtherMember_48E2CD6423338DA957593370298249D6_verboseLabel_en-US" xlink:label="lab_bac_CorporateSecuritiesAndOtherMember_48E2CD6423338DA957593370298249D6" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Corporate securities and other </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CorporateSecuritiesAndOtherMember" xlink:label="loc_bac_CorporateSecuritiesAndOtherMember_48E2CD6423338DA957593370298249D6" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsLineItems_E52A1ABFF4D08D529131336FA13E069C_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsLineItems_E52A1ABFF4D08D529131336FA13E069C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Trading Securities and Other Trading Assets [Line Items] </link:label>
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<link:label id="lab_us-gaap_TradingSecurities_B1E0E7D71E94BDACE57B33700DD9082A_terseLabel_en-US" xlink:label="lab_us-gaap_TradingSecurities_B1E0E7D71E94BDACE57B33700DD9082A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Trading account assets </link:label>
<link:label id="lab_us-gaap_TradingSecurities_B1E0E7D71E94BDACE57B33700DD9082A_label_en-US" xlink:label="lab_us-gaap_TradingSecurities_B1E0E7D71E94BDACE57B33700DD9082A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Trading Securities </link:label>
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<link:label id="lab_us-gaap_TradingLiabilities_7E0C8D9889DC914D6C9933701F7BC342_terseLabel_en-US" xlink:label="lab_us-gaap_TradingLiabilities_7E0C8D9889DC914D6C9933701F7BC342" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Trading account liabilities </link:label>
<link:label id="lab_us-gaap_TradingLiabilities_7E0C8D9889DC914D6C9933701F7BC342_label_en-US" xlink:label="lab_us-gaap_TradingLiabilities_7E0C8D9889DC914D6C9933701F7BC342" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Trading Liabilities </link:label>
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<link:label id="lab_us-gaap_TransfersAndServicingAbstract_75FAA7AD0599C56B4C0C58D48195FDCA_label_en-US" xlink:label="lab_us-gaap_TransfersAndServicingAbstract_75FAA7AD0599C56B4C0C58D48195FDCA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Transfers and Servicing [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_TransfersAndServicingAbstract" xlink:label="loc_us-gaap_TransfersAndServicingAbstract_75FAA7AD0599C56B4C0C58D48195FDCA" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ScheduleOfServicingAssetsAtFairValueTextBlock_4D4DB47C4FE2B8A473AB58DF5DB66A4A_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfServicingAssetsAtFairValueTextBlock_4D4DB47C4FE2B8A473AB58DF5DB66A4A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Activity for Residential First Mortgage MSRs </link:label>
<link:label id="lab_us-gaap_ScheduleOfServicingAssetsAtFairValueTextBlock_4D4DB47C4FE2B8A473AB58DF5DB66A4A_label_en-US" xlink:label="lab_us-gaap_ScheduleOfServicingAssetsAtFairValueTextBlock_4D4DB47C4FE2B8A473AB58DF5DB66A4A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Servicing Assets at Fair Value [Table Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ScheduleOfServicingAssetsAtFairValueTextBlock" xlink:label="loc_us-gaap_ScheduleOfServicingAssetsAtFairValueTextBlock_4D4DB47C4FE2B8A473AB58DF5DB66A4A" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ScheduleOfAssumptionsForFairValueOnSecuritizationDateOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrServicingLiabilitiesTextBlock_FDB6D7C7BB86CBE7ACBB58E381F78632_label_en-US" xlink:label="lab_us-gaap_ScheduleOfAssumptionsForFairValueOnSecuritizationDateOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrServicingLiabilitiesTextBlock_FDB6D7C7BB86CBE7ACBB58E381F78632" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Fair Value Assumption, Date of Securitization or Asset-backed Financing Arrangement, Transferor's Continuing Involvement, Servicing Assets or Liabilities [Table Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ScheduleOfAssumptionsForFairValueOnSecuritizationDateOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrServicingLiabilitiesTextBlock" xlink:label="loc_us-gaap_ScheduleOfAssumptionsForFairValueOnSecuritizationDateOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrServicingLiabilitiesTextBlock_FDB6D7C7BB86CBE7ACBB58E381F78632" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ScheduleOfSensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrServicingLiabilitiesTextBlock_7E74040083CD22150EFC58E5CB666BE0_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfSensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrServicingLiabilitiesTextBlock_7E74040083CD22150EFC58E5CB666BE0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Sensitivity of the Weighted-Average Lives and Fair Values of MSRs </link:label>
<link:label id="lab_us-gaap_ScheduleOfSensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrServicingLiabilitiesTextBlock_7E74040083CD22150EFC58E5CB666BE0_label_en-US" xlink:label="lab_us-gaap_ScheduleOfSensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrServicingLiabilitiesTextBlock_7E74040083CD22150EFC58E5CB666BE0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Sensitivity Analysis of Fair Value, Transferor's Interests in Transferred Financial Assets [Table Text Block] </link:label>
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<link:label id="lab_bac_GoodwillAndIntangibleAssetsAbstract_D9DE555277C260AD239638FA0C3C6F6B_label_en-US" xlink:label="lab_bac_GoodwillAndIntangibleAssetsAbstract_D9DE555277C260AD239638FA0C3C6F6B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Goodwill and Intangible Assets [Abstract] </link:label>
<link:label id="lab_bac_GoodwillAndIntangibleAssetsAbstract_D9DE555277C260AD239638FA0C3C6F6B_documentation_en-US" xlink:label="lab_bac_GoodwillAndIntangibleAssetsAbstract_D9DE555277C260AD239638FA0C3C6F6B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Goodwill and Intangible Assets [Abstract] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_GoodwillAndIntangibleAssetsAbstract" xlink:label="loc_bac_GoodwillAndIntangibleAssetsAbstract_D9DE555277C260AD239638FA0C3C6F6B" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ScheduleOfGoodwillTable_06ED74B7122C53DF7FA63907AF115C7E_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfGoodwillTable_06ED74B7122C53DF7FA63907AF115C7E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Goodwill [Table] </link:label>
<link:label id="lab_us-gaap_ScheduleOfGoodwillTable_06ED74B7122C53DF7FA63907AF115C7E_label_en-US" xlink:label="lab_us-gaap_ScheduleOfGoodwillTable_06ED74B7122C53DF7FA63907AF115C7E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Goodwill [Table] </link:label>
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<link:loc xlink:href="bac-20111231.xsd#bac_BusinessLineAxis" xlink:label="loc_bac_BusinessLineAxis_08A1A8DE0690F377EDAE969A706D1B24" xlink:type="locator"/>
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<link:label id="lab_bac_BusinessLineDomain_C806307DA4F21282F672969B0D19F23C_terseLabel_en-US" xlink:label="lab_bac_BusinessLineDomain_C806307DA4F21282F672969B0D19F23C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Business Line [Domain] </link:label>
<link:label id="lab_bac_BusinessLineDomain_C806307DA4F21282F672969B0D19F23C_label_en-US" xlink:label="lab_bac_BusinessLineDomain_C806307DA4F21282F672969B0D19F23C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Business Line [Domain] </link:label>
<link:label id="lab_bac_BusinessLineDomain_C806307DA4F21282F672969B0D19F23C_documentation_en-US" xlink:label="lab_bac_BusinessLineDomain_C806307DA4F21282F672969B0D19F23C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Business Line [Domain] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_BusinessLineDomain" xlink:label="loc_bac_BusinessLineDomain_C806307DA4F21282F672969B0D19F23C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_BusinessLineDomain_C806307DA4F21282F672969B0D19F23C" xlink:to="lab_bac_BusinessLineDomain_C806307DA4F21282F672969B0D19F23C" xlink:type="arc"/>
<link:label id="lab_bac_InternationalConsumerCardMember_797E323FD6988E0D84EB969B82F01061_terseLabel_en-US" xlink:label="lab_bac_InternationalConsumerCardMember_797E323FD6988E0D84EB969B82F01061" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> International Consumer Card [Member] </link:label>
<link:label id="lab_bac_InternationalConsumerCardMember_797E323FD6988E0D84EB969B82F01061_label_en-US" xlink:label="lab_bac_InternationalConsumerCardMember_797E323FD6988E0D84EB969B82F01061" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> International Consumer Card [Member] </link:label>
<link:label id="lab_bac_InternationalConsumerCardMember_797E323FD6988E0D84EB969B82F01061_documentation_en-US" xlink:label="lab_bac_InternationalConsumerCardMember_797E323FD6988E0D84EB969B82F01061" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> International Consumer Card [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_InternationalConsumerCardMember" xlink:label="loc_bac_InternationalConsumerCardMember_797E323FD6988E0D84EB969B82F01061" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_InternationalConsumerCardMember_797E323FD6988E0D84EB969B82F01061" xlink:to="lab_bac_InternationalConsumerCardMember_797E323FD6988E0D84EB969B82F01061" xlink:type="arc"/>
<link:label id="lab_us-gaap_StatementBusinessSegmentsAxis_84B83CFD6E104A4910323908F15343EC_label_en-US" xlink:label="lab_us-gaap_StatementBusinessSegmentsAxis_84B83CFD6E104A4910323908F15343EC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Statement, Business Segments [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="loc_us-gaap_StatementBusinessSegmentsAxis_84B83CFD6E104A4910323908F15343EC" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementBusinessSegmentsAxis_84B83CFD6E104A4910323908F15343EC" xlink:to="lab_us-gaap_StatementBusinessSegmentsAxis_84B83CFD6E104A4910323908F15343EC" xlink:type="arc"/>
<link:label id="lab_us-gaap_SegmentDomain_67A157A77E59F13DEC743908F153C64B_label_en-US" xlink:label="lab_us-gaap_SegmentDomain_67A157A77E59F13DEC743908F153C64B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Segment [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_SegmentDomain" xlink:label="loc_us-gaap_SegmentDomain_67A157A77E59F13DEC743908F153C64B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SegmentDomain_67A157A77E59F13DEC743908F153C64B" xlink:to="lab_us-gaap_SegmentDomain_67A157A77E59F13DEC743908F153C64B" xlink:type="arc"/>
<link:label id="lab_bac_DepositsSegmentMember_AF31DA0D5A476731BF043908F1AA89DF_terseLabel_en-US" xlink:label="lab_bac_DepositsSegmentMember_AF31DA0D5A476731BF043908F1AA89DF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Deposits [Member] </link:label>
<link:label id="lab_bac_DepositsSegmentMember_AF31DA0D5A476731BF043908F1AA89DF_label_en-US" xlink:label="lab_bac_DepositsSegmentMember_AF31DA0D5A476731BF043908F1AA89DF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Deposits Segment [Member] </link:label>
<link:label id="lab_bac_DepositsSegmentMember_AF31DA0D5A476731BF043908F1AA89DF_documentation_en-US" xlink:label="lab_bac_DepositsSegmentMember_AF31DA0D5A476731BF043908F1AA89DF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Deposits includes the results of consumer deposits activities which consist of a comprehensive range of products provided to consumers and small businesses. In addition, Deposits includes an allocation of ALM activities. Deposit products include traditional savings accounts, money market savings accounts, CDs and IRAs, and noninterest- and interest-bearing checking accounts. These products provide a relatively stable source of funding and liquidity. The Corporation earns net interest spread revenue from investing this liquidity in earning assets through client-facing lending and ALM activities. The revenue is allocated to the deposit products using a funds transfer pricing process which takes into account the interest rates and maturity characteristics of the deposits. Deposits also generates fees such as account service fees, non-sufficient funds fees, overdraft charges and ATM fees. In addition, Deposits includes the net impact of migrating customers and their related deposit balances between GWIM and Deposits. Subsequent to the date of migration, the associated net interest income, service charges and noninterest expense are recorded in the business to which deposits were transferred. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_DepositsSegmentMember" xlink:label="loc_bac_DepositsSegmentMember_AF31DA0D5A476731BF043908F1AA89DF" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_DepositsSegmentMember_AF31DA0D5A476731BF043908F1AA89DF" xlink:to="lab_bac_DepositsSegmentMember_AF31DA0D5A476731BF043908F1AA89DF" xlink:type="arc"/>
<link:label id="lab_bac_CardServicesSegmentMember_BDC5DD452D0B5283979F3908F33D9A22_terseLabel_en-US" xlink:label="lab_bac_CardServicesSegmentMember_BDC5DD452D0B5283979F3908F33D9A22" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Card Services [Member] </link:label>
<link:label id="lab_bac_CardServicesSegmentMember_BDC5DD452D0B5283979F3908F33D9A22_label_en-US" xlink:label="lab_bac_CardServicesSegmentMember_BDC5DD452D0B5283979F3908F33D9A22" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Card Services Segment [Member] </link:label>
<link:label id="lab_bac_CardServicesSegmentMember_BDC5DD452D0B5283979F3908F33D9A22_documentation_en-US" xlink:label="lab_bac_CardServicesSegmentMember_BDC5DD452D0B5283979F3908F33D9A22" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Card Services provides a broad offering of products including U.S. consumer and business card, consumer lending, international card and debit card to consumers and small businesses. The Corporation reports its Card Services current period results in accordance with new consolidation guidance that was effective on January 1, 2010. Under this new consolidation guidance, the Corporation consolidated all previously unconsolidated credit card trusts. Accordingly, current year results are comparable to prior year results that were presented on a managed basis, which was consistent with the way that management evaluated the results of the business. Managed basis assumed that securitized loans were not sold and presented earnings on these loans in a manner similar to the way loans that have not been sold (i.e., held loans) are presented. Loan securitization is an alternative funding process that is used by the Corporation to diversify funding sources. Card Services managed income statement line items differ from a held basis as follows: managed net interest income includes Global Card Services net interest income on held loans and interest income on the securitized loans less the internal funds transfer pricing allocation related to securitized loans; managed noninterest income includes Card Services noninterest income on a held basis less the reclassification of certain components of card income (e.g., excess servicing income) to record securitized net interest income and provision for credit losses; and provision for credit losses represents the provision for credit losses on held loans combined with realized credit losses associated with the securitized loan portfolio. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CardServicesSegmentMember" xlink:label="loc_bac_CardServicesSegmentMember_BDC5DD452D0B5283979F3908F33D9A22" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CardServicesSegmentMember_BDC5DD452D0B5283979F3908F33D9A22" xlink:to="lab_bac_CardServicesSegmentMember_BDC5DD452D0B5283979F3908F33D9A22" xlink:type="arc"/>
<link:label id="lab_bac_ConsumerRealEstateServicesSegmentMember_F172DC44A4FAB179DAA03908F4F495F9_terseLabel_en-US" xlink:label="lab_bac_ConsumerRealEstateServicesSegmentMember_F172DC44A4FAB179DAA03908F4F495F9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Consumer Real Estate Services [Member] </link:label>
<link:label id="lab_bac_ConsumerRealEstateServicesSegmentMember_F172DC44A4FAB179DAA03908F4F495F9_label_en-US" xlink:label="lab_bac_ConsumerRealEstateServicesSegmentMember_F172DC44A4FAB179DAA03908F4F495F9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Consumer Real Estate Services Segment [Member] </link:label>
<link:label id="lab_bac_ConsumerRealEstateServicesSegmentMember_F172DC44A4FAB179DAA03908F4F495F9_documentation_en-US" xlink:label="lab_bac_ConsumerRealEstateServicesSegmentMember_F172DC44A4FAB179DAA03908F4F495F9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Consumer Real Estate Services Segment </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ConsumerRealEstateServicesSegmentMember" xlink:label="loc_bac_ConsumerRealEstateServicesSegmentMember_F172DC44A4FAB179DAA03908F4F495F9" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ConsumerRealEstateServicesSegmentMember_F172DC44A4FAB179DAA03908F4F495F9" xlink:to="lab_bac_ConsumerRealEstateServicesSegmentMember_F172DC44A4FAB179DAA03908F4F495F9" xlink:type="arc"/>
<link:label id="lab_bac_GlobalCommercialBankingSegmentMember_E0F6D6377205B61936393908F69E843A_terseLabel_en-US" xlink:label="lab_bac_GlobalCommercialBankingSegmentMember_E0F6D6377205B61936393908F69E843A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Global Commercial Banking [Member] </link:label>
<link:label id="lab_bac_GlobalCommercialBankingSegmentMember_E0F6D6377205B61936393908F69E843A_label_en-US" xlink:label="lab_bac_GlobalCommercialBankingSegmentMember_E0F6D6377205B61936393908F69E843A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Global Commercial Banking Segment [Member] </link:label>
<link:label id="lab_bac_GlobalCommercialBankingSegmentMember_E0F6D6377205B61936393908F69E843A_documentation_en-US" xlink:label="lab_bac_GlobalCommercialBankingSegmentMember_E0F6D6377205B61936393908F69E843A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Global Commercial Banking provides a wide range of lending-related products and services, integrated working capital management and treasury solutions to clients through the Corporation’s network of offices and client relationship teams along with various product partners. Clients include business banking and middle-market companies, commercial real estate firms and governments, and are generally defined as companies with sales up to $2 billion. Lending products and services include commercial loans and commitment facilities, real estate lending, asset-based lending and indirect consumer loans. Capital management and treasury solutions include treasury management, foreign exchange and short-term investing options. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_GlobalCommercialBankingSegmentMember" xlink:label="loc_bac_GlobalCommercialBankingSegmentMember_E0F6D6377205B61936393908F69E843A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_GlobalCommercialBankingSegmentMember_E0F6D6377205B61936393908F69E843A" xlink:to="lab_bac_GlobalCommercialBankingSegmentMember_E0F6D6377205B61936393908F69E843A" xlink:type="arc"/>
<link:label id="lab_bac_GlobalBankingAndMarketsSegmentMember_D166C090D590D1E4FB923908F7D0B352_terseLabel_en-US" xlink:label="lab_bac_GlobalBankingAndMarketsSegmentMember_D166C090D590D1E4FB923908F7D0B352" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Global Banking & Markets [Member] </link:label>
<link:label id="lab_bac_GlobalBankingAndMarketsSegmentMember_D166C090D590D1E4FB923908F7D0B352_label_en-US" xlink:label="lab_bac_GlobalBankingAndMarketsSegmentMember_D166C090D590D1E4FB923908F7D0B352" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Global Banking and Markets Segment [Member] </link:label>
<link:label id="lab_bac_GlobalBankingAndMarketsSegmentMember_D166C090D590D1E4FB923908F7D0B352_documentation_en-US" xlink:label="lab_bac_GlobalBankingAndMarketsSegmentMember_D166C090D590D1E4FB923908F7D0B352" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> GBAM provides financial products, advisory services, financing, securities clearing, settlement and custody services globally to institutional investor clients in support of their investing and trading activities. GBAM also works with commercial and corporate clients to provide debt and equity underwriting and distribution capabilities, merger-related and other advisory services, and risk management products using interest rate, equity, credit, currency and commodity derivatives, foreign exchange, fixed-income and mortgage-related products. As a result of the Corporation’s market-making activities in these products, it may be required to manage positions in government securities, equity and equity-linked securities, high-grade and high-yield corporate debt securities, commercial paper, MBS and ABS. Corporate banking services provide a wide range of lending-related products and services, integrated working capital management and treasury solutions to clients through the Corporation’s network of offices and client relationship teams along with various product partners. Corporate clients are generally defined as companies with sales greater than $2 billion. In addition, GBAM also includes the results related to the merchant services joint venture. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_GlobalBankingAndMarketsSegmentMember" xlink:label="loc_bac_GlobalBankingAndMarketsSegmentMember_D166C090D590D1E4FB923908F7D0B352" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_GlobalBankingAndMarketsSegmentMember_D166C090D590D1E4FB923908F7D0B352" xlink:to="lab_bac_GlobalBankingAndMarketsSegmentMember_D166C090D590D1E4FB923908F7D0B352" xlink:type="arc"/>
<link:label id="lab_bac_GlobalWealthAndInvestmentManagementSegmentMember_554171232F53148E48253908F8E29918_terseLabel_en-US" xlink:label="lab_bac_GlobalWealthAndInvestmentManagementSegmentMember_554171232F53148E48253908F8E29918" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Global Wealth & Investment Management [Member] </link:label>
<link:label id="lab_bac_GlobalWealthAndInvestmentManagementSegmentMember_554171232F53148E48253908F8E29918_label_en-US" xlink:label="lab_bac_GlobalWealthAndInvestmentManagementSegmentMember_554171232F53148E48253908F8E29918" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Global Wealth and Investment Management Segment [Member] </link:label>
<link:label id="lab_bac_GlobalWealthAndInvestmentManagementSegmentMember_554171232F53148E48253908F8E29918_documentation_en-US" xlink:label="lab_bac_GlobalWealthAndInvestmentManagementSegmentMember_554171232F53148E48253908F8E29918" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> GWIM provides comprehensive wealth management capabilities to a broad base of clients from emerging affluent to the ultra-high-net-worth. These services include investment and brokerage services, estate and financial planning, fiduciary portfolio management, cash and liability management and specialty asset management. GWIM also provides retirement and benefit plan services, philanthropic management and asset management to individual and institutional clients. In addition, GWIM includes the results of BofA Capital Management, the cash and liquidity asset management business that the Corporation retained following the sale of the Columbia long-term asset management business, and other miscellaneous items. GWIM also reflects the impact of migrating clients and their related deposit and loan balances to or from GWIM and Deposits, Home Loans & Insurance and the Corporation’s ALM activities. Subsequent to the date of migration, the associated net interest income, noninterest income and noninterest expense are recorded in the business to which the clients migrated. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_GlobalWealthAndInvestmentManagementSegmentMember" xlink:label="loc_bac_GlobalWealthAndInvestmentManagementSegmentMember_554171232F53148E48253908F8E29918" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_GlobalWealthAndInvestmentManagementSegmentMember_554171232F53148E48253908F8E29918" xlink:to="lab_bac_GlobalWealthAndInvestmentManagementSegmentMember_554171232F53148E48253908F8E29918" xlink:type="arc"/>
<link:label id="lab_bac_AllOtherCompanySegmentsMember_9EFBF8A9F2A6EF6E159A3908FA51A905_terseLabel_en-US" xlink:label="lab_bac_AllOtherCompanySegmentsMember_9EFBF8A9F2A6EF6E159A3908FA51A905" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> All Other [Member] </link:label>
<link:label id="lab_bac_AllOtherCompanySegmentsMember_9EFBF8A9F2A6EF6E159A3908FA51A905_label_en-US" xlink:label="lab_bac_AllOtherCompanySegmentsMember_9EFBF8A9F2A6EF6E159A3908FA51A905" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> All Other Company Segments [Member] </link:label>
<link:label id="lab_bac_AllOtherCompanySegmentsMember_9EFBF8A9F2A6EF6E159A3908FA51A905_documentation_en-US" xlink:label="lab_bac_AllOtherCompanySegmentsMember_9EFBF8A9F2A6EF6E159A3908FA51A905" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> All Other consists of equity investment activities including Global Principal Investments, Strategic Investments, the residential mortgage portfolio associated with ALM activities, the impact of the cost allocation processes, merger and restructuring charges, intersegment eliminations, and the results of certain businesses that are expected to be or have been sold or are in the process of being liquidated. All Other also includes certain amounts associated with ALM activities, amounts associated with the change in the value of derivatives used as economic hedges of interest rate and foreign exchange rate fluctuations, the impact of foreign exchange rate fluctuations related to revaluation of foreign currency-denominated debt, fair value adjustments related to certain structured notes, certain gains (losses) on sales of whole mortgage loans, gains (losses) on sales of debt securities, OTTI write-downs on certain AFS securities and for periods prior to January 1, 2010, a securitization offset which removed the securitization impact of sold loans in Global Card Services in order to present the consolidated results of the Corporation on a GAAP basis (i.e., held basis). </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_AllOtherCompanySegmentsMember" xlink:label="loc_bac_AllOtherCompanySegmentsMember_9EFBF8A9F2A6EF6E159A3908FA51A905" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_AllOtherCompanySegmentsMember_9EFBF8A9F2A6EF6E159A3908FA51A905" xlink:to="lab_bac_AllOtherCompanySegmentsMember_9EFBF8A9F2A6EF6E159A3908FA51A905" xlink:type="arc"/>
<link:label id="lab_us-gaap_GoodwillLineItems_D13C602195EA8D5054CD39F0D10578AB_label_en-US" xlink:label="lab_us-gaap_GoodwillLineItems_D13C602195EA8D5054CD39F0D10578AB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Goodwill [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_GoodwillLineItems" xlink:label="loc_us-gaap_GoodwillLineItems_D13C602195EA8D5054CD39F0D10578AB" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GoodwillLineItems_D13C602195EA8D5054CD39F0D10578AB" xlink:to="lab_us-gaap_GoodwillLineItems_D13C602195EA8D5054CD39F0D10578AB" xlink:type="arc"/>
<link:label id="lab_bac_GoodwillAbstract_CD175AD293056083D79339F29D9D7318_label_en-US" xlink:label="lab_bac_GoodwillAbstract_CD175AD293056083D79339F29D9D7318" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Goodwill [Abstract] </link:label>
<link:label id="lab_bac_GoodwillAbstract_CD175AD293056083D79339F29D9D7318_documentation_en-US" xlink:label="lab_bac_GoodwillAbstract_CD175AD293056083D79339F29D9D7318" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Goodwill. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_GoodwillAbstract" xlink:label="loc_bac_GoodwillAbstract_CD175AD293056083D79339F29D9D7318" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ScheduleOfDebtInstrumentsTextBlock_EBDCDF044708C192551DBE797B4301B8_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfDebtInstrumentsTextBlock_EBDCDF044708C192551DBE797B4301B8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Balance of Long-term Debt [Table Text Block] </link:label>
<link:label id="lab_us-gaap_ScheduleOfDebtInstrumentsTextBlock_EBDCDF044708C192551DBE797B4301B8_label_en-US" xlink:label="lab_us-gaap_ScheduleOfDebtInstrumentsTextBlock_EBDCDF044708C192551DBE797B4301B8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Long-term Debt Instruments [Table Text Block] </link:label>
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<link:label id="lab_us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock_ECAB9E18F5C1CCB2484BBE80401C31C8_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock_ECAB9E18F5C1CCB2484BBE80401C31C8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Maturities of Long-term Debt [Table Text Block] </link:label>
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<link:label id="lab_bac_ScheduleOfNegotiatedExchangesTableTextBlock_23DC12A16FB7558A64DDA70C94BDCE2C_terseLabel_en-US" xlink:label="lab_bac_ScheduleOfNegotiatedExchangesTableTextBlock_23DC12A16FB7558A64DDA70C94BDCE2C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Negotiated Exchanges [Table Text Block] </link:label>
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<link:loc xlink:href="http://xbrl.sec.gov/dei/2011/dei-2011-01-31.xsd#dei_EntityDomain" xlink:label="loc_dei_EntityDomain_93791EDF968FFC763FBA99564A37EFC1" xlink:type="locator"/>
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<link:label id="lab_bac_ChinaConstructionBankMember_331C1905875C59E38F21995649FAF3F1_terseLabel_en-US" xlink:label="lab_bac_ChinaConstructionBankMember_331C1905875C59E38F21995649FAF3F1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> China Construction Bank [Member] </link:label>
<link:label id="lab_bac_ChinaConstructionBankMember_331C1905875C59E38F21995649FAF3F1_label_en-US" xlink:label="lab_bac_ChinaConstructionBankMember_331C1905875C59E38F21995649FAF3F1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> China Construction Bank [Member] </link:label>
<link:label id="lab_bac_ChinaConstructionBankMember_331C1905875C59E38F21995649FAF3F1_documentation_en-US" xlink:label="lab_bac_ChinaConstructionBankMember_331C1905875C59E38F21995649FAF3F1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Investment in China Construction Bank ("CCB") [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ChinaConstructionBankMember" xlink:label="loc_bac_ChinaConstructionBankMember_331C1905875C59E38F21995649FAF3F1" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ScheduleOfCostMethodInvestmentsAxis_C4CAD3EEF2564EB2DFD9995648D6A99D_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfCostMethodInvestmentsAxis_C4CAD3EEF2564EB2DFD9995648D6A99D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Cost-method Investments [Axis] </link:label>
<link:label id="lab_us-gaap_ScheduleOfCostMethodInvestmentsAxis_C4CAD3EEF2564EB2DFD9995648D6A99D_label_en-US" xlink:label="lab_us-gaap_ScheduleOfCostMethodInvestmentsAxis_C4CAD3EEF2564EB2DFD9995648D6A99D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Cost-method Investments [Axis] </link:label>
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<link:label id="lab_us-gaap_CommonStockMember_A2E4CB442C20B8BF62839956493419C3_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockMember_A2E4CB442C20B8BF62839956493419C3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Common Stock [Member] </link:label>
<link:label id="lab_us-gaap_CommonStockMember_A2E4CB442C20B8BF62839956493419C3_label_en-US" xlink:label="lab_us-gaap_CommonStockMember_A2E4CB442C20B8BF62839956493419C3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Common Stock [Member] </link:label>
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<link:label id="lab_bac_EntityWideDisclosureOnGeographicAreaAxis_90F9B8DE68CF7615A2FBCE35BEFFDF4F_label_en-US" xlink:label="lab_bac_EntityWideDisclosureOnGeographicAreaAxis_90F9B8DE68CF7615A2FBCE35BEFFDF4F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Entity Wide Disclosure on Geographic Area [Axis] </link:label>
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<link:label id="lab_us-gaap_SegmentGeographicalGroupsOfCountriesGroupOneMember_ADB0AB3AA2DFE4112FC3CE365B640276_terseLabel_en-US" xlink:label="lab_us-gaap_SegmentGeographicalGroupsOfCountriesGroupOneMember_ADB0AB3AA2DFE4112FC3CE365B640276" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Asia [Member] </link:label>
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<link:label id="lab_bac_SegmentGeographicalGroupsOfCountriesGroupThreeMemberMember_2019C6B716A21F5CBFC9CE4A6FFE8CF7_terseLabel_en-US" xlink:label="lab_bac_SegmentGeographicalGroupsOfCountriesGroupThreeMemberMember_2019C6B716A21F5CBFC9CE4A6FFE8CF7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Latin Americ and the Caribbean [Member] </link:label>
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<link:label id="lab_bac_PerformanceByGeographicAreaLineItems_E3B8CD2B6AB5799BFC13EEB4556F77BB_label_en-US" xlink:label="lab_bac_PerformanceByGeographicAreaLineItems_E3B8CD2B6AB5799BFC13EEB4556F77BB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Performance by Geographic Area [Line Items] </link:label>
<link:label id="lab_bac_PerformanceByGeographicAreaLineItems_E3B8CD2B6AB5799BFC13EEB4556F77BB_documentation_en-US" xlink:label="lab_bac_PerformanceByGeographicAreaLineItems_E3B8CD2B6AB5799BFC13EEB4556F77BB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Performance by Geographic Area [Line Items] </link:label>
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<link:label id="lab_us-gaap_EntityWideDisclosureOnGeographicAreasLongLivedAssetsInEntitysCountryOfDomicile_067FF0D7312D344F942DCE20D399B0CA_terseLabel_en-US" xlink:label="lab_us-gaap_EntityWideDisclosureOnGeographicAreasLongLivedAssetsInEntitysCountryOfDomicile_067FF0D7312D344F942DCE20D399B0CA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> U.S. Total Assets </link:label>
<link:label id="lab_us-gaap_EntityWideDisclosureOnGeographicAreasLongLivedAssetsInEntitysCountryOfDomicile_067FF0D7312D344F942DCE20D399B0CA_label_en-US" xlink:label="lab_us-gaap_EntityWideDisclosureOnGeographicAreasLongLivedAssetsInEntitysCountryOfDomicile_067FF0D7312D344F942DCE20D399B0CA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Disclosure on Geographic Areas, Long-Lived Assets in Entity's Country of Domicile </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_EntityWideDisclosureOnGeographicAreasLongLivedAssetsInEntitysCountryOfDomicile" xlink:label="loc_us-gaap_EntityWideDisclosureOnGeographicAreasLongLivedAssetsInEntitysCountryOfDomicile_067FF0D7312D344F942DCE20D399B0CA" xlink:type="locator"/>
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<link:label id="lab_us-gaap_EntityWideDisclosureOnGeographicAreasLongLivedAssetsInForeignCountries_703DF4341A561A5C027CCE328276A0A7_terseLabel_en-US" xlink:label="lab_us-gaap_EntityWideDisclosureOnGeographicAreasLongLivedAssetsInForeignCountries_703DF4341A561A5C027CCE328276A0A7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Foreign Countries Total Assets </link:label>
<link:label id="lab_us-gaap_EntityWideDisclosureOnGeographicAreasLongLivedAssetsInForeignCountries_703DF4341A561A5C027CCE328276A0A7_label_en-US" xlink:label="lab_us-gaap_EntityWideDisclosureOnGeographicAreasLongLivedAssetsInForeignCountries_703DF4341A561A5C027CCE328276A0A7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Disclosure on Geographic Areas, Long-Lived Assets in Foreign Countries </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_EntityWideDisclosureOnGeographicAreasLongLivedAssetsInForeignCountries" xlink:label="loc_us-gaap_EntityWideDisclosureOnGeographicAreasLongLivedAssetsInForeignCountries_703DF4341A561A5C027CCE328276A0A7" xlink:type="locator"/>
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<link:label id="lab_us-gaap_Assets_FD563C2FC51C825F9C8399596B2C0A35_terseLabel_en-US" xlink:label="lab_us-gaap_Assets_FD563C2FC51C825F9C8399596B2C0A35" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Assets </link:label>
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<link:label id="lab_us-gaap_EntityWideDisclosureOnGeographicAreasRevenueFromExternalCustomersAttributedToEntitysCountryOfDomicile_96ECD8EF2236EE61A5D1CE2274E920CD_terseLabel_en-US" xlink:label="lab_us-gaap_EntityWideDisclosureOnGeographicAreasRevenueFromExternalCustomersAttributedToEntitysCountryOfDomicile_96ECD8EF2236EE61A5D1CE2274E920CD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> U.S. Total Revenue, Net of Interest Expense </link:label>
<link:label id="lab_us-gaap_EntityWideDisclosureOnGeographicAreasRevenueFromExternalCustomersAttributedToEntitysCountryOfDomicile_96ECD8EF2236EE61A5D1CE2274E920CD_label_en-US" xlink:label="lab_us-gaap_EntityWideDisclosureOnGeographicAreasRevenueFromExternalCustomersAttributedToEntitysCountryOfDomicile_96ECD8EF2236EE61A5D1CE2274E920CD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Disclosure on Geographic Areas, Revenue from External Customers Attributed to Entity's Country of Domicile </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_EntityWideDisclosureOnGeographicAreasRevenueFromExternalCustomersAttributedToEntitysCountryOfDomicile" xlink:label="loc_us-gaap_EntityWideDisclosureOnGeographicAreasRevenueFromExternalCustomersAttributedToEntitysCountryOfDomicile_96ECD8EF2236EE61A5D1CE2274E920CD" xlink:type="locator"/>
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<link:label id="lab_us-gaap_EntityWideDisclosureOnGeographicAreasRevenueFromExternalCustomersAttributedToForeignCountries_56A094FCC18906B86C84CE38D079BD93_terseLabel_en-US" xlink:label="lab_us-gaap_EntityWideDisclosureOnGeographicAreasRevenueFromExternalCustomersAttributedToForeignCountries_56A094FCC18906B86C84CE38D079BD93" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Foreign Countries Total Revenue Net of Interest Expense </link:label>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_EntityWideDisclosureOnGeographicAreasRevenueFromExternalCustomersAttributedToForeignCountries" xlink:label="loc_us-gaap_EntityWideDisclosureOnGeographicAreasRevenueFromExternalCustomersAttributedToForeignCountries_56A094FCC18906B86C84CE38D079BD93" xlink:type="locator"/>
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<link:label id="lab_us-gaap_Revenues_2C6F7AFCD6EC79B2354CCE0A35EF0D9C_label_en-US" xlink:label="lab_us-gaap_Revenues_2C6F7AFCD6EC79B2354CCE0A35EF0D9C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Revenues </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_Revenues" xlink:label="loc_us-gaap_Revenues_2C6F7AFCD6EC79B2354CCE0A35EF0D9C" xlink:type="locator"/>
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<link:label id="lab_bac_EntityWideDisclosureOnGeographicAreasIncomeLossBeforeIncomeTaxesFromExternalCustomersAttributedToEntitysCountryOfDomicile_BFEC07752A6706BC1E5CCE27DFA8F6B9_terseLabel_en-US" xlink:label="lab_bac_EntityWideDisclosureOnGeographicAreasIncomeLossBeforeIncomeTaxesFromExternalCustomersAttributedToEntitysCountryOfDomicile_BFEC07752A6706BC1E5CCE27DFA8F6B9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> U.S. Income (Loss) Before Income Taxes </link:label>
<link:label id="lab_bac_EntityWideDisclosureOnGeographicAreasIncomeLossBeforeIncomeTaxesFromExternalCustomersAttributedToEntitysCountryOfDomicile_BFEC07752A6706BC1E5CCE27DFA8F6B9_label_en-US" xlink:label="lab_bac_EntityWideDisclosureOnGeographicAreasIncomeLossBeforeIncomeTaxesFromExternalCustomersAttributedToEntitysCountryOfDomicile_BFEC07752A6706BC1E5CCE27DFA8F6B9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Entity Wide Disclosure On Geographic Areas Income Loss Before Income Taxes From External Customers Attributed To Entitys Country Of Domicile </link:label>
<link:label id="lab_bac_EntityWideDisclosureOnGeographicAreasIncomeLossBeforeIncomeTaxesFromExternalCustomersAttributedToEntitysCountryOfDomicile_BFEC07752A6706BC1E5CCE27DFA8F6B9_documentation_en-US" xlink:label="lab_bac_EntityWideDisclosureOnGeographicAreasIncomeLossBeforeIncomeTaxesFromExternalCustomersAttributedToEntitysCountryOfDomicile_BFEC07752A6706BC1E5CCE27DFA8F6B9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Entity Wide Disclosure On Geographic Areas Income Loss Before Income Taxes From External Customers Attributed To Entitys Country Of Domicile </link:label>
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<link:label id="lab_bac_EntityWideDisclosureOnGeographicAreasIncomeLossBeforeIncomeTaxFromExternalCustomersAttributedToForeignCountries_1FD4034833AEC6F075F6CE3C913C1FD2_terseLabel_en-US" xlink:label="lab_bac_EntityWideDisclosureOnGeographicAreasIncomeLossBeforeIncomeTaxFromExternalCustomersAttributedToForeignCountries_1FD4034833AEC6F075F6CE3C913C1FD2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Foreign Countries Income (Loss) Before Income Taxes </link:label>
<link:label id="lab_bac_EntityWideDisclosureOnGeographicAreasIncomeLossBeforeIncomeTaxFromExternalCustomersAttributedToForeignCountries_1FD4034833AEC6F075F6CE3C913C1FD2_label_en-US" xlink:label="lab_bac_EntityWideDisclosureOnGeographicAreasIncomeLossBeforeIncomeTaxFromExternalCustomersAttributedToForeignCountries_1FD4034833AEC6F075F6CE3C913C1FD2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Entity Wide Disclosure On Geographic Areas Income Loss Before Income Tax From External Customers Attributed To Foreign Countries </link:label>
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<link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_ECD350663B532B0041C0CE0A35D1E8A1_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_ECD350663B532B0041C0CE0A35D1E8A1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Income (Loss) Before Income Taxes </link:label>
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<link:label id="lab_bac_EntityWideDisclosureOnGeographicAreasNetIncomeLossFromExternalCustomersAttributedToEntitysCountryOfDomicile_E89F74A5CADDDD80ACDECE2B21BB6A07_terseLabel_en-US" xlink:label="lab_bac_EntityWideDisclosureOnGeographicAreasNetIncomeLossFromExternalCustomersAttributedToEntitysCountryOfDomicile_E89F74A5CADDDD80ACDECE2B21BB6A07" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> U.S. Net Income (Loss) </link:label>
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<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_EntityWideDisclosureOnGeographicAreasNetIncomeLossFromExternalCustomersAttributedToEntitysCountryOfDomicile_E89F74A5CADDDD80ACDECE2B21BB6A07" xlink:to="lab_bac_EntityWideDisclosureOnGeographicAreasNetIncomeLossFromExternalCustomersAttributedToEntitysCountryOfDomicile_E89F74A5CADDDD80ACDECE2B21BB6A07" xlink:type="arc"/>
<link:label id="lab_bac_EntityWideDisclosureOnGeographicAreasNetIncomeLossFromExternalCustomersAttributedToForeignCountries_29F747BCD538353008CDCE4199065404_terseLabel_en-US" xlink:label="lab_bac_EntityWideDisclosureOnGeographicAreasNetIncomeLossFromExternalCustomersAttributedToForeignCountries_29F747BCD538353008CDCE4199065404" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Foreign Countries Net Income (Loss) </link:label>
<link:label id="lab_bac_EntityWideDisclosureOnGeographicAreasNetIncomeLossFromExternalCustomersAttributedToForeignCountries_29F747BCD538353008CDCE4199065404_label_en-US" xlink:label="lab_bac_EntityWideDisclosureOnGeographicAreasNetIncomeLossFromExternalCustomersAttributedToForeignCountries_29F747BCD538353008CDCE4199065404" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Entity Wide Disclosure On Geographic Areas Net Income Loss From External Customers Attributed To Foreign Countries </link:label>
<link:label id="lab_bac_EntityWideDisclosureOnGeographicAreasNetIncomeLossFromExternalCustomersAttributedToForeignCountries_29F747BCD538353008CDCE4199065404_documentation_en-US" xlink:label="lab_bac_EntityWideDisclosureOnGeographicAreasNetIncomeLossFromExternalCustomersAttributedToForeignCountries_29F747BCD538353008CDCE4199065404" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents the entity Wide Disclosure On Geographic Areas Net Income loss From External Customers Attributed To Foreign Countries. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_EntityWideDisclosureOnGeographicAreasNetIncomeLossFromExternalCustomersAttributedToForeignCountries" xlink:label="loc_bac_EntityWideDisclosureOnGeographicAreasNetIncomeLossFromExternalCustomersAttributedToForeignCountries_29F747BCD538353008CDCE4199065404" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_EntityWideDisclosureOnGeographicAreasNetIncomeLossFromExternalCustomersAttributedToForeignCountries_29F747BCD538353008CDCE4199065404" xlink:to="lab_bac_EntityWideDisclosureOnGeographicAreasNetIncomeLossFromExternalCustomersAttributedToForeignCountries_29F747BCD538353008CDCE4199065404" xlink:type="arc"/>
<link:label id="lab_us-gaap_CostMethodInvestmentsRealizedGains_364D41E5E10F350D0B4BCEC94CE0175D_terseLabel_en-US" xlink:label="lab_us-gaap_CostMethodInvestmentsRealizedGains_364D41E5E10F350D0B4BCEC94CE0175D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Gain (Loss) on Sale of Equity Investments </link:label>
<link:label id="lab_us-gaap_CostMethodInvestmentsRealizedGains_364D41E5E10F350D0B4BCEC94CE0175D_label_en-US" xlink:label="lab_us-gaap_CostMethodInvestmentsRealizedGains_364D41E5E10F350D0B4BCEC94CE0175D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Cost-method Investments, Realized Gains </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CostMethodInvestmentsRealizedGains" xlink:label="loc_us-gaap_CostMethodInvestmentsRealizedGains_364D41E5E10F350D0B4BCEC94CE0175D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CostMethodInvestmentsRealizedGains_364D41E5E10F350D0B4BCEC94CE0175D" xlink:to="lab_us-gaap_CostMethodInvestmentsRealizedGains_364D41E5E10F350D0B4BCEC94CE0175D" xlink:type="arc"/>
<link:label id="lab_bac_GainLossOnSaleOfEquityInvestmentsNetOfTax_EB11A579F61F2FF0358ACED11DF7D989_terseLabel_en-US" xlink:label="lab_bac_GainLossOnSaleOfEquityInvestmentsNetOfTax_EB11A579F61F2FF0358ACED11DF7D989" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Gain Loss On Sale Of Equity Investments Net Of Tax </link:label>
<link:label id="lab_bac_GainLossOnSaleOfEquityInvestmentsNetOfTax_EB11A579F61F2FF0358ACED11DF7D989_label_en-US" xlink:label="lab_bac_GainLossOnSaleOfEquityInvestmentsNetOfTax_EB11A579F61F2FF0358ACED11DF7D989" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Gain Loss On Sale Of Equity Investments Net Of Tax </link:label>
<link:label id="lab_bac_GainLossOnSaleOfEquityInvestmentsNetOfTax_EB11A579F61F2FF0358ACED11DF7D989_documentation_en-US" xlink:label="lab_bac_GainLossOnSaleOfEquityInvestmentsNetOfTax_EB11A579F61F2FF0358ACED11DF7D989" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents the gain (Loss) on Sale of Equity Investments, Net of Tax. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_GainLossOnSaleOfEquityInvestmentsNetOfTax" xlink:label="loc_bac_GainLossOnSaleOfEquityInvestmentsNetOfTax_EB11A579F61F2FF0358ACED11DF7D989" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_GainLossOnSaleOfEquityInvestmentsNetOfTax_EB11A579F61F2FF0358ACED11DF7D989" xlink:to="lab_bac_GainLossOnSaleOfEquityInvestmentsNetOfTax_EB11A579F61F2FF0358ACED11DF7D989" xlink:type="arc"/>
<link:label id="lab_bac_RegulatoryRequirementsAndRestrictionsAbstract_DCAFEBA76F2392DE45DBCB532269899D_label_en-US" xlink:label="lab_bac_RegulatoryRequirementsAndRestrictionsAbstract_DCAFEBA76F2392DE45DBCB532269899D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Regulatory Requirements and Restrictions [Abstract] </link:label>
<link:label id="lab_bac_RegulatoryRequirementsAndRestrictionsAbstract_DCAFEBA76F2392DE45DBCB532269899D_documentation_en-US" xlink:label="lab_bac_RegulatoryRequirementsAndRestrictionsAbstract_DCAFEBA76F2392DE45DBCB532269899D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Regulatory Requirements and Restrictions [Abstract] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_RegulatoryRequirementsAndRestrictionsAbstract" xlink:label="loc_bac_RegulatoryRequirementsAndRestrictionsAbstract_DCAFEBA76F2392DE45DBCB532269899D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_RegulatoryRequirementsAndRestrictionsAbstract_DCAFEBA76F2392DE45DBCB532269899D" xlink:to="lab_bac_RegulatoryRequirementsAndRestrictionsAbstract_DCAFEBA76F2392DE45DBCB532269899D" xlink:type="arc"/>
<link:label id="lab_us-gaap_ScheduleOfComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsTable_BB7DA77D624685C9900DC538E7F9630C_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsTable_BB7DA77D624685C9900DC538E7F9630C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations [Table] </link:label>
<link:label id="lab_us-gaap_ScheduleOfComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsTable_BB7DA77D624685C9900DC538E7F9630C_label_en-US" xlink:label="lab_us-gaap_ScheduleOfComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsTable_BB7DA77D624685C9900DC538E7F9630C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ScheduleOfComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsTable" xlink:label="loc_us-gaap_ScheduleOfComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsTable_BB7DA77D624685C9900DC538E7F9630C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsTable_BB7DA77D624685C9900DC538E7F9630C" xlink:to="lab_us-gaap_ScheduleOfComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsTable_BB7DA77D624685C9900DC538E7F9630C" xlink:type="arc"/>
<link:label id="lab_bac_WellCapitalizedBanksMember_3743259F208D21ED5E7AC83621B08B63_label_en-US" xlink:label="lab_bac_WellCapitalizedBanksMember_3743259F208D21ED5E7AC83621B08B63" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Well-capitalized Banks [Member] </link:label>
<link:label id="lab_bac_WellCapitalizedBanksMember_3743259F208D21ED5E7AC83621B08B63_documentation_en-US" xlink:label="lab_bac_WellCapitalizedBanksMember_3743259F208D21ED5E7AC83621B08B63" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Well-capitalized Banks [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_WellCapitalizedBanksMember" xlink:label="loc_bac_WellCapitalizedBanksMember_3743259F208D21ED5E7AC83621B08B63" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_WellCapitalizedBanksMember_3743259F208D21ED5E7AC83621B08B63" xlink:to="lab_bac_WellCapitalizedBanksMember_3743259F208D21ED5E7AC83621B08B63" xlink:type="arc"/>
<link:label id="lab_bac_BankOfAmericaNAMember_E01D66F16601030E44C0C552953CA00F_label_en-US" xlink:label="lab_bac_BankOfAmericaNAMember_E01D66F16601030E44C0C552953CA00F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Bank of America, N.A. [Member] </link:label>
<link:label id="lab_bac_BankOfAmericaNAMember_E01D66F16601030E44C0C552953CA00F_documentation_en-US" xlink:label="lab_bac_BankOfAmericaNAMember_E01D66F16601030E44C0C552953CA00F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Bank of America, N.A. [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_BankOfAmericaNAMember" xlink:label="loc_bac_BankOfAmericaNAMember_E01D66F16601030E44C0C552953CA00F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_BankOfAmericaNAMember_E01D66F16601030E44C0C552953CA00F" xlink:to="lab_bac_BankOfAmericaNAMember_E01D66F16601030E44C0C552953CA00F" xlink:type="arc"/>
<link:label id="lab_bac_FiaCardServicesNAMember_46A3812F482FFB8C0B61C55933AD17DD_label_en-US" xlink:label="lab_bac_FiaCardServicesNAMember_46A3812F482FFB8C0B61C55933AD17DD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> FIA Card Services, N.A. [Member] </link:label>
<link:label id="lab_bac_FiaCardServicesNAMember_46A3812F482FFB8C0B61C55933AD17DD_documentation_en-US" xlink:label="lab_bac_FiaCardServicesNAMember_46A3812F482FFB8C0B61C55933AD17DD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> FIA Card Services, N.A. [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_FiaCardServicesNAMember" xlink:label="loc_bac_FiaCardServicesNAMember_46A3812F482FFB8C0B61C55933AD17DD" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_FiaCardServicesNAMember_46A3812F482FFB8C0B61C55933AD17DD" xlink:to="lab_bac_FiaCardServicesNAMember_46A3812F482FFB8C0B61C55933AD17DD" xlink:type="arc"/>
<link:label id="lab_bac_NationalBanksMember_27F57CE9FE6722092596C55D1871CBC0_label_en-US" xlink:label="lab_bac_NationalBanksMember_27F57CE9FE6722092596C55D1871CBC0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> National Banks [Member] </link:label>
<link:label id="lab_bac_NationalBanksMember_27F57CE9FE6722092596C55D1871CBC0_documentation_en-US" xlink:label="lab_bac_NationalBanksMember_27F57CE9FE6722092596C55D1871CBC0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> National Banks [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_NationalBanksMember" xlink:label="loc_bac_NationalBanksMember_27F57CE9FE6722092596C55D1871CBC0" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_NationalBanksMember_27F57CE9FE6722092596C55D1871CBC0" xlink:to="lab_bac_NationalBanksMember_27F57CE9FE6722092596C55D1871CBC0" xlink:type="arc"/>
<link:label id="lab_us-gaap_ComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsLineItems_D7C83A765DF128755225C87D2B5437DA_label_en-US" xlink:label="lab_us-gaap_ComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsLineItems_D7C83A765DF128755225C87D2B5437DA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsLineItems" xlink:label="loc_us-gaap_ComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsLineItems_D7C83A765DF128755225C87D2B5437DA" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsLineItems_D7C83A765DF128755225C87D2B5437DA" xlink:to="lab_us-gaap_ComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsLineItems_D7C83A765DF128755225C87D2B5437DA" xlink:type="arc"/>
<link:label id="lab_bac_RegulatoryRequirementsAndRestrictionsTextualsAbstract_2D543396270312C50557C87FE9C378F1_label_en-US" xlink:label="lab_bac_RegulatoryRequirementsAndRestrictionsTextualsAbstract_2D543396270312C50557C87FE9C378F1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Regulatory Requirements And Restrictions Textuals [Abstract] </link:label>
<link:label id="lab_bac_RegulatoryRequirementsAndRestrictionsTextualsAbstract_2D543396270312C50557C87FE9C378F1_documentation_en-US" xlink:label="lab_bac_RegulatoryRequirementsAndRestrictionsTextualsAbstract_2D543396270312C50557C87FE9C378F1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Total Capital divided by risk weighted assets as defined in the regulations. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_RegulatoryRequirementsAndRestrictionsTextualsAbstract" xlink:label="loc_bac_RegulatoryRequirementsAndRestrictionsTextualsAbstract_2D543396270312C50557C87FE9C378F1" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_RegulatoryRequirementsAndRestrictionsTextualsAbstract_2D543396270312C50557C87FE9C378F1" xlink:to="lab_bac_RegulatoryRequirementsAndRestrictionsTextualsAbstract_2D543396270312C50557C87FE9C378F1" xlink:type="arc"/>
<link:label id="lab_bac_AverageDailyReserveBalancesRequiredByFederalReserve_DA4C32AB5988408F9D89C53BDDCEA333_terseLabel_en-US" xlink:label="lab_bac_AverageDailyReserveBalancesRequiredByFederalReserve_DA4C32AB5988408F9D89C53BDDCEA333" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Average Daily Reserve Balances Required By Federal Reserve </link:label>
<link:label id="lab_bac_AverageDailyReserveBalancesRequiredByFederalReserve_DA4C32AB5988408F9D89C53BDDCEA333_label_en-US" xlink:label="lab_bac_AverageDailyReserveBalancesRequiredByFederalReserve_DA4C32AB5988408F9D89C53BDDCEA333" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Average Daily Reserve Balances Required By Federal Reserve </link:label>
<link:label id="lab_bac_AverageDailyReserveBalancesRequiredByFederalReserve_DA4C32AB5988408F9D89C53BDDCEA333_documentation_en-US" xlink:label="lab_bac_AverageDailyReserveBalancesRequiredByFederalReserve_DA4C32AB5988408F9D89C53BDDCEA333" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents the average daily reserve balances required by the Federal Reserve. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_AverageDailyReserveBalancesRequiredByFederalReserve" xlink:label="loc_bac_AverageDailyReserveBalancesRequiredByFederalReserve_DA4C32AB5988408F9D89C53BDDCEA333" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_AverageDailyReserveBalancesRequiredByFederalReserve_DA4C32AB5988408F9D89C53BDDCEA333" xlink:to="lab_bac_AverageDailyReserveBalancesRequiredByFederalReserve_DA4C32AB5988408F9D89C53BDDCEA333" xlink:type="arc"/>
<link:label id="lab_bac_AverageDailyReserveBalancesInExcessOfVaultCashHeldWithFederalReserve_979E5D33D9E3506E257CC540D802ECEB_terseLabel_en-US" xlink:label="lab_bac_AverageDailyReserveBalancesInExcessOfVaultCashHeldWithFederalReserve_979E5D33D9E3506E257CC540D802ECEB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Average Daily Reserve Balances In Excess Of Vault Cash Held With Federal Reserve </link:label>
<link:label id="lab_bac_AverageDailyReserveBalancesInExcessOfVaultCashHeldWithFederalReserve_979E5D33D9E3506E257CC540D802ECEB_label_en-US" xlink:label="lab_bac_AverageDailyReserveBalancesInExcessOfVaultCashHeldWithFederalReserve_979E5D33D9E3506E257CC540D802ECEB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Average Daily Reserve Balances In Excess Of Vault Cash Held With Federal Reserve </link:label>
<link:label id="lab_bac_AverageDailyReserveBalancesInExcessOfVaultCashHeldWithFederalReserve_979E5D33D9E3506E257CC540D802ECEB_documentation_en-US" xlink:label="lab_bac_AverageDailyReserveBalancesInExcessOfVaultCashHeldWithFederalReserve_979E5D33D9E3506E257CC540D802ECEB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents the average daily reserve balances, in excess of vault cash, held with the Federal Reserve. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_AverageDailyReserveBalancesInExcessOfVaultCashHeldWithFederalReserve" xlink:label="loc_bac_AverageDailyReserveBalancesInExcessOfVaultCashHeldWithFederalReserve_979E5D33D9E3506E257CC540D802ECEB" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_AverageDailyReserveBalancesInExcessOfVaultCashHeldWithFederalReserve_979E5D33D9E3506E257CC540D802ECEB" xlink:to="lab_bac_AverageDailyReserveBalancesInExcessOfVaultCashHeldWithFederalReserve_979E5D33D9E3506E257CC540D802ECEB" xlink:type="arc"/>
<link:label id="lab_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries_0B9230D166D26768CCC4C54DD0104F3A_terseLabel_en-US" xlink:label="lab_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries_0B9230D166D26768CCC4C54DD0104F3A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Cash Dividends Paid to Parent Company by Consolidated Subsidiaries </link:label>
<link:label id="lab_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries_0B9230D166D26768CCC4C54DD0104F3A_label_en-US" xlink:label="lab_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries_0B9230D166D26768CCC4C54DD0104F3A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Cash Dividends Paid to Parent Company by Consolidated Subsidiaries </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries" xlink:label="loc_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries_0B9230D166D26768CCC4C54DD0104F3A" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CapitalRequiredForCapitalAdequacyToRiskWeightedAssets_B5A4600E3CE6704BF158978F799FD7C6_terseLabel_en-US" xlink:label="lab_us-gaap_CapitalRequiredForCapitalAdequacyToRiskWeightedAssets_B5A4600E3CE6704BF158978F799FD7C6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Capital Required for Capital Adequacy to Risk Weighted Assets </link:label>
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<link:label id="lab_bac_MinimumCapitalRatios_540901BD5E9EB523E608C5E5BC251466_terseLabel_en-US" xlink:label="lab_bac_MinimumCapitalRatios_540901BD5E9EB523E608C5E5BC251466" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Minimum Capital Ratios </link:label>
<link:label id="lab_bac_MinimumCapitalRatios_540901BD5E9EB523E608C5E5BC251466_label_en-US" xlink:label="lab_bac_MinimumCapitalRatios_540901BD5E9EB523E608C5E5BC251466" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Minimum Capital Ratios </link:label>
<link:label id="lab_bac_MinimumCapitalRatios_540901BD5E9EB523E608C5E5BC251466_documentation_en-US" xlink:label="lab_bac_MinimumCapitalRatios_540901BD5E9EB523E608C5E5BC251466" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents the bps spread above minimum capital ratios an institution is required to maintain to be categorized as well-capitalized. </link:label>
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<link:label id="lab_us-gaap_TierOneLeverageCapitalRequiredToBeWellCapitalizedToAverageAssets_679888EBC55689D27232C86675F4CA8C_terseLabel_en-US" xlink:label="lab_us-gaap_TierOneLeverageCapitalRequiredToBeWellCapitalizedToAverageAssets_679888EBC55689D27232C86675F4CA8C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Tier One Leverage Capital Required to be Well Capitalized to Average Assets </link:label>
<link:label id="lab_us-gaap_TierOneLeverageCapitalRequiredToBeWellCapitalizedToAverageAssets_679888EBC55689D27232C86675F4CA8C_label_en-US" xlink:label="lab_us-gaap_TierOneLeverageCapitalRequiredToBeWellCapitalizedToAverageAssets_679888EBC55689D27232C86675F4CA8C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Tier One Leverage Capital Required to be Well Capitalized to Average Assets </link:label>
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<link:label id="lab_bac_TotalCapitalAndTierOneRiskBasedCapitalRequiredForCapital_56D35EEBD04D38F11A4697AF48E1DFD3_terseLabel_en-US" xlink:label="lab_bac_TotalCapitalAndTierOneRiskBasedCapitalRequiredForCapital_56D35EEBD04D38F11A4697AF48E1DFD3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total Capital And Tier One Risk Based Capital Required For Capital </link:label>
<link:label id="lab_bac_TotalCapitalAndTierOneRiskBasedCapitalRequiredForCapital_56D35EEBD04D38F11A4697AF48E1DFD3_label_en-US" xlink:label="lab_bac_TotalCapitalAndTierOneRiskBasedCapitalRequiredForCapital_56D35EEBD04D38F11A4697AF48E1DFD3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Total Capital And Tier One Risk Based Capital Required For Capital </link:label>
<link:label id="lab_bac_TotalCapitalAndTierOneRiskBasedCapitalRequiredForCapital_56D35EEBD04D38F11A4697AF48E1DFD3_documentation_en-US" xlink:label="lab_bac_TotalCapitalAndTierOneRiskBasedCapitalRequiredForCapital_56D35EEBD04D38F11A4697AF48E1DFD3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> The actual Total Capital Ratio (Tier one capital divided by risk-weighted assets) that meets the required for capital adequacy purposes under the regulatory framework. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_TotalCapitalAndTierOneRiskBasedCapitalRequiredForCapital" xlink:label="loc_bac_TotalCapitalAndTierOneRiskBasedCapitalRequiredForCapital_56D35EEBD04D38F11A4697AF48E1DFD3" xlink:type="locator"/>
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<link:label id="lab_us-gaap_TierOneLeverageCapitalToAverageAssets_F7885A6ED96E09A20BE197AF4970ADC8_verboseLabel_en-US" xlink:label="lab_us-gaap_TierOneLeverageCapitalToAverageAssets_F7885A6ED96E09A20BE197AF4970ADC8" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Tier One Leverage, Actual Ratio </link:label>
<link:label id="lab_us-gaap_TierOneLeverageCapitalToAverageAssets_F7885A6ED96E09A20BE197AF4970ADC8_label_en-US" xlink:label="lab_us-gaap_TierOneLeverageCapitalToAverageAssets_F7885A6ED96E09A20BE197AF4970ADC8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Tier One Leverage Capital to Average Assets </link:label>
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<link:label id="lab_bac_TotalCapitalRatioIncludesMaximumNetUnrealizedPreTaxGainsOnAfsMarketableEquitySecurities_29803E66675DC3CC8357C86447395763_label_en-US" xlink:label="lab_bac_TotalCapitalRatioIncludesMaximumNetUnrealizedPreTaxGainsOnAfsMarketableEquitySecurities_29803E66675DC3CC8357C86447395763" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Total Capital Ratio Includes Maximum Net Unrealized Pre Tax Gains On Afs Marketable Equity Securities </link:label>
<link:label id="lab_bac_TotalCapitalRatioIncludesMaximumNetUnrealizedPreTaxGainsOnAfsMarketableEquitySecurities_29803E66675DC3CC8357C86447395763_documentation_en-US" xlink:label="lab_bac_TotalCapitalRatioIncludesMaximumNetUnrealizedPreTaxGainsOnAfsMarketableEquitySecurities_29803E66675DC3CC8357C86447395763" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents the maximum net unrealized pre-tax gains on AFS marketable equity securities included in the total capital ratio. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_TotalCapitalRatioIncludesMaximumNetUnrealizedPreTaxGainsOnAfsMarketableEquitySecurities" xlink:label="loc_bac_TotalCapitalRatioIncludesMaximumNetUnrealizedPreTaxGainsOnAfsMarketableEquitySecurities_29803E66675DC3CC8357C86447395763" xlink:type="locator"/>
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<link:label id="lab_us-gaap_Capital_D1A58EA9D821679D2A8F97AF49E1ACA2_terseLabel_en-US" xlink:label="lab_us-gaap_Capital_D1A58EA9D821679D2A8F97AF49E1ACA2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Capital </link:label>
<link:label id="lab_us-gaap_Capital_D1A58EA9D821679D2A8F97AF49E1ACA2_label_en-US" xlink:label="lab_us-gaap_Capital_D1A58EA9D821679D2A8F97AF49E1ACA2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Capital </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_Capital" xlink:label="loc_us-gaap_Capital_D1A58EA9D821679D2A8F97AF49E1ACA2" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CapitalToRiskWeightedAssets_32003E84E76B3EFDD3FEC879325D1B27_terseLabel_en-US" xlink:label="lab_us-gaap_CapitalToRiskWeightedAssets_32003E84E76B3EFDD3FEC879325D1B27" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Capital to Risk Weighted Assets </link:label>
<link:label id="lab_us-gaap_CapitalToRiskWeightedAssets_32003E84E76B3EFDD3FEC879325D1B27_label_en-US" xlink:label="lab_us-gaap_CapitalToRiskWeightedAssets_32003E84E76B3EFDD3FEC879325D1B27" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Capital to Risk Weighted Assets </link:label>
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<link:label id="lab_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_8612D6AEA14F9175F409687CC4E16428_label_en-US" xlink:label="lab_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_8612D6AEA14F9175F409687CC4E16428" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Accounts, Notes, Loans and Financing Receivable [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="loc_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_8612D6AEA14F9175F409687CC4E16428" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FinancingReceivableInformationByPortfolioSegmentAxis_1FEC5D79B9FA3991D4BB683BE26DF19B_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableInformationByPortfolioSegmentAxis_1FEC5D79B9FA3991D4BB683BE26DF19B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivable Information by Portfolio Segment [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FinancingReceivableInformationByPortfolioSegmentAxis" xlink:label="loc_us-gaap_FinancingReceivableInformationByPortfolioSegmentAxis_1FEC5D79B9FA3991D4BB683BE26DF19B" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FinancingReceivableAllowanceDomain_4F98254760CAC2E56A1F683BE26D0FD6_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableAllowanceDomain_4F98254760CAC2E56A1F683BE26D0FD6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivable Allowance [Domain] </link:label>
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<link:label id="lab_us-gaap_ConsumerPortfolioSegmentMember_EF28C7E528BC54BFA9246865279C38C0_label_en-US" xlink:label="lab_us-gaap_ConsumerPortfolioSegmentMember_EF28C7E528BC54BFA9246865279C38C0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Consumer Portfolio Segment [Member] </link:label>
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<link:label id="lab_us-gaap_FinancingReceivableRecordedInvestmentClassOfFinancingReceivableDomain_136492EF9075E4AEF69E688542B20B5F_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableRecordedInvestmentClassOfFinancingReceivableDomain_136492EF9075E4AEF69E688542B20B5F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivable, Recorded Investment, Class of Financing Receivable [Domain] </link:label>
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<link:label id="lab_us-gaap_ResidentialMortgageMember_6AD82C4E0E1DD54B112439A915212373_label_en-US" xlink:label="lab_us-gaap_ResidentialMortgageMember_6AD82C4E0E1DD54B112439A915212373" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Residential Mortgage [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ResidentialMortgageMember" xlink:label="loc_us-gaap_ResidentialMortgageMember_6AD82C4E0E1DD54B112439A915212373" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AccountsNotesAndLoansReceivableLineItems_BEE810C8BDF09E4EB83B6887F2A3EAE2_label_en-US" xlink:label="lab_us-gaap_AccountsNotesAndLoansReceivableLineItems_BEE810C8BDF09E4EB83B6887F2A3EAE2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Accounts, Notes, Loans and Financing Receivable [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="loc_us-gaap_AccountsNotesAndLoansReceivableLineItems_BEE810C8BDF09E4EB83B6887F2A3EAE2" xlink:type="locator"/>
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<link:label id="lab_us-gaap_LoansAndLeasesReceivableNetOfDeferredIncomeAbstract_6D68AB378F674B1DD29E3540FAFE23EA_label_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableNetOfDeferredIncomeAbstract_6D68AB378F674B1DD29E3540FAFE23EA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loans and Leases Receivable, Net of Deferred Income [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LoansAndLeasesReceivableNetOfDeferredIncomeAbstract" xlink:label="loc_us-gaap_LoansAndLeasesReceivableNetOfDeferredIncomeAbstract_6D68AB378F674B1DD29E3540FAFE23EA" xlink:type="locator"/>
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<link:label id="lab_bac_LoansAndLeasesOutstandingTableTextBlock_0F528362736ABA791C1535451B4585BA_terseLabel_en-US" xlink:label="lab_bac_LoansAndLeasesOutstandingTableTextBlock_0F528362736ABA791C1535451B4585BA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loans And Leases Outstanding [Table Text Block] </link:label>
<link:label id="lab_bac_LoansAndLeasesOutstandingTableTextBlock_0F528362736ABA791C1535451B4585BA_label_en-US" xlink:label="lab_bac_LoansAndLeasesOutstandingTableTextBlock_0F528362736ABA791C1535451B4585BA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loans And Leases Outstanding [Table Text Block] </link:label>
<link:label id="lab_bac_LoansAndLeasesOutstandingTableTextBlock_0F528362736ABA791C1535451B4585BA_documentation_en-US" xlink:label="lab_bac_LoansAndLeasesOutstandingTableTextBlock_0F528362736ABA791C1535451B4585BA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Loans And Leases Outstanding. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_LoansAndLeasesOutstandingTableTextBlock" xlink:label="loc_bac_LoansAndLeasesOutstandingTableTextBlock_0F528362736ABA791C1535451B4585BA" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ScheduleOfFinancingReceivablesNonAccrualStatusTableTextBlock_74ACB2AAAD10A0D574AE3551C4791326_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfFinancingReceivablesNonAccrualStatusTableTextBlock_74ACB2AAAD10A0D574AE3551C4791326" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Financing Receivables, Non Accrual Status [Table Text Block] </link:label>
<link:label id="lab_us-gaap_ScheduleOfFinancingReceivablesNonAccrualStatusTableTextBlock_74ACB2AAAD10A0D574AE3551C4791326_label_en-US" xlink:label="lab_us-gaap_ScheduleOfFinancingReceivablesNonAccrualStatusTableTextBlock_74ACB2AAAD10A0D574AE3551C4791326" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Financing Receivables, Non Accrual Status [Table Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ScheduleOfFinancingReceivablesNonAccrualStatusTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfFinancingReceivablesNonAccrualStatusTableTextBlock_74ACB2AAAD10A0D574AE3551C4791326" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FinancingReceivableCreditQualityIndicatorsTableTextBlock_58D5597DB19198995CC23554F47A60DE_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableCreditQualityIndicatorsTableTextBlock_58D5597DB19198995CC23554F47A60DE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Financing Receivable Credit Quality Indicators [Table Text Block] </link:label>
<link:label id="lab_us-gaap_FinancingReceivableCreditQualityIndicatorsTableTextBlock_58D5597DB19198995CC23554F47A60DE_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableCreditQualityIndicatorsTableTextBlock_58D5597DB19198995CC23554F47A60DE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivable Credit Quality Indicators [Table Text Block] </link:label>
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<link:label id="lab_bac_RemainingUnpaidPrincipalBalanceCarryingAmountAndExcludingValuationReserveTableTextBlock_9057670458911BD39F8268453BEA08C6_terseLabel_en-US" xlink:label="lab_bac_RemainingUnpaidPrincipalBalanceCarryingAmountAndExcludingValuationReserveTableTextBlock_9057670458911BD39F8268453BEA08C6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Remaining Unpaid Principal Balance, Carrying Amount And Excluding Valuation Reserve [Table Text Block] </link:label>
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<link:label id="lab_bac_RemainingUnpaidPrincipalBalanceCarryingAmountAndExcludingValuationReserveTableTextBlock_9057670458911BD39F8268453BEA08C6_documentation_en-US" xlink:label="lab_bac_RemainingUnpaidPrincipalBalanceCarryingAmountAndExcludingValuationReserveTableTextBlock_9057670458911BD39F8268453BEA08C6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Remaining Unpaid Principal Balance And Carrying Amount Excluding Valuation Reserve </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_RemainingUnpaidPrincipalBalanceCarryingAmountAndExcludingValuationReserveTableTextBlock" xlink:label="loc_bac_RemainingUnpaidPrincipalBalanceCarryingAmountAndExcludingValuationReserveTableTextBlock_9057670458911BD39F8268453BEA08C6" xlink:type="locator"/>
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<link:label id="lab_us-gaap_SummaryOfTroubledDebtRestructuringNoteDebtorTextBlock_26FC27AC94A0721569C3685EAA447A15_terseLabel_en-US" xlink:label="lab_us-gaap_SummaryOfTroubledDebtRestructuringNoteDebtorTextBlock_26FC27AC94A0721569C3685EAA447A15" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Summary of Troubled Debt Restructuring Note, Debtor [Table Text Block] </link:label>
<link:label id="lab_us-gaap_SummaryOfTroubledDebtRestructuringNoteDebtorTextBlock_26FC27AC94A0721569C3685EAA447A15_label_en-US" xlink:label="lab_us-gaap_SummaryOfTroubledDebtRestructuringNoteDebtorTextBlock_26FC27AC94A0721569C3685EAA447A15" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Summary of Troubled Debt Restructuring Note, Debtor [Table Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_SummaryOfTroubledDebtRestructuringNoteDebtorTextBlock" xlink:label="loc_us-gaap_SummaryOfTroubledDebtRestructuringNoteDebtorTextBlock_26FC27AC94A0721569C3685EAA447A15" xlink:type="locator"/>
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<link:label id="lab_bac_ScheduleOfTroubledDebtRestructuringsModified_88A2ABE3F5921DBA0E7B68541EB392BE_terseLabel_en-US" xlink:label="lab_bac_ScheduleOfTroubledDebtRestructuringsModified_88A2ABE3F5921DBA0E7B68541EB392BE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Troubled Debt Restructurings Modified </link:label>
<link:label id="lab_bac_ScheduleOfTroubledDebtRestructuringsModified_88A2ABE3F5921DBA0E7B68541EB392BE_label_en-US" xlink:label="lab_bac_ScheduleOfTroubledDebtRestructuringsModified_88A2ABE3F5921DBA0E7B68541EB392BE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Troubled Debt Restructurings Modified </link:label>
<link:label id="lab_bac_ScheduleOfTroubledDebtRestructuringsModified_88A2ABE3F5921DBA0E7B68541EB392BE_documentation_en-US" xlink:label="lab_bac_ScheduleOfTroubledDebtRestructuringsModified_88A2ABE3F5921DBA0E7B68541EB392BE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Schedule of Troubled Debt Restructurings Modified </link:label>
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<link:label id="lab_us-gaap_ImpairedFinancingReceivablesTableTextBlock_45A8B16968AD1B28450B3558EFE99A45_terseLabel_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivablesTableTextBlock_45A8B16968AD1B28450B3558EFE99A45" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Impaired Financing Receivables [Table Text Block] </link:label>
<link:label id="lab_us-gaap_ImpairedFinancingReceivablesTableTextBlock_45A8B16968AD1B28450B3558EFE99A45_label_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivablesTableTextBlock_45A8B16968AD1B28450B3558EFE99A45" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Impaired Financing Receivables [Table Text Block] </link:label>
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<link:label id="lab_bac_ScheduleOfRenegotiatedTroubledDebtRestructuringsPrimaryModifications_82A4FB2675C735B3C67868642C1876DE_terseLabel_en-US" xlink:label="lab_bac_ScheduleOfRenegotiatedTroubledDebtRestructuringsPrimaryModifications_82A4FB2675C735B3C67868642C1876DE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Renegotiated Troubled Debt Restructurings Primary Modifications </link:label>
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<link:label id="lab_bac_AccretableYieldActivityTableTextBlock_7F90D27922D8EFA969BE68740A9FCCBC_terseLabel_en-US" xlink:label="lab_bac_AccretableYieldActivityTableTextBlock_7F90D27922D8EFA969BE68740A9FCCBC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Accretable Yield Activity [Table Text Block] </link:label>
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<link:label id="lab_bac_AccretableYieldActivityTableTextBlock_7F90D27922D8EFA969BE68740A9FCCBC_documentation_en-US" xlink:label="lab_bac_AccretableYieldActivityTableTextBlock_7F90D27922D8EFA969BE68740A9FCCBC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Accretable Yield Activity. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_AccretableYieldActivityTableTextBlock" xlink:label="loc_bac_AccretableYieldActivityTableTextBlock_7F90D27922D8EFA969BE68740A9FCCBC" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_AccretableYieldActivityTableTextBlock_7F90D27922D8EFA969BE68740A9FCCBC" xlink:to="lab_bac_AccretableYieldActivityTableTextBlock_7F90D27922D8EFA969BE68740A9FCCBC" xlink:type="arc"/>
<link:label id="lab_bac_OutstandingLoansAndLeasesAbstract_DA63E0DD34CBF059D32F7C22490DADCD_label_en-US" xlink:label="lab_bac_OutstandingLoansAndLeasesAbstract_DA63E0DD34CBF059D32F7C22490DADCD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Outstanding Loans and Leases [Abstract] </link:label>
<link:label id="lab_bac_OutstandingLoansAndLeasesAbstract_DA63E0DD34CBF059D32F7C22490DADCD_documentation_en-US" xlink:label="lab_bac_OutstandingLoansAndLeasesAbstract_DA63E0DD34CBF059D32F7C22490DADCD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Outstanding Loans and Leases [Abstract] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_OutstandingLoansAndLeasesAbstract" xlink:label="loc_bac_OutstandingLoansAndLeasesAbstract_DA63E0DD34CBF059D32F7C22490DADCD" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_OutstandingLoansAndLeasesAbstract_DA63E0DD34CBF059D32F7C22490DADCD" xlink:to="lab_bac_OutstandingLoansAndLeasesAbstract_DA63E0DD34CBF059D32F7C22490DADCD" xlink:type="arc"/>
<link:label id="lab_us-gaap_ScheduleOfFinancingReceivableTroubledDebtRestructuringsTable_8138E4AB004F708FE14D7C224E7FAD44_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfFinancingReceivableTroubledDebtRestructuringsTable_8138E4AB004F708FE14D7C224E7FAD44" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Financing Receivable, Troubled Debt Restructurings [Table] </link:label>
<link:label id="lab_us-gaap_ScheduleOfFinancingReceivableTroubledDebtRestructuringsTable_8138E4AB004F708FE14D7C224E7FAD44_label_en-US" xlink:label="lab_us-gaap_ScheduleOfFinancingReceivableTroubledDebtRestructuringsTable_8138E4AB004F708FE14D7C224E7FAD44" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Financing Receivable, Troubled Debt Restructurings [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ScheduleOfFinancingReceivableTroubledDebtRestructuringsTable" xlink:label="loc_us-gaap_ScheduleOfFinancingReceivableTroubledDebtRestructuringsTable_8138E4AB004F708FE14D7C224E7FAD44" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfFinancingReceivableTroubledDebtRestructuringsTable_8138E4AB004F708FE14D7C224E7FAD44" xlink:to="lab_us-gaap_ScheduleOfFinancingReceivableTroubledDebtRestructuringsTable_8138E4AB004F708FE14D7C224E7FAD44" xlink:type="arc"/>
<link:label id="lab_us-gaap_AdjustmentsForNewAccountingPronouncementsAxis_952CBA3B4499F78D54707C23D5ABF633_label_en-US" xlink:label="lab_us-gaap_AdjustmentsForNewAccountingPronouncementsAxis_952CBA3B4499F78D54707C23D5ABF633" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Adjustments for New Accounting Pronouncements [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AdjustmentsForNewAccountingPronouncementsAxis" xlink:label="loc_us-gaap_AdjustmentsForNewAccountingPronouncementsAxis_952CBA3B4499F78D54707C23D5ABF633" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AdjustmentsForNewAccountingPronouncementsAxis_952CBA3B4499F78D54707C23D5ABF633" xlink:to="lab_us-gaap_AdjustmentsForNewAccountingPronouncementsAxis_952CBA3B4499F78D54707C23D5ABF633" xlink:type="arc"/>
<link:label id="lab_us-gaap_TypeOfAdoptionMember_8E628F06CB925479BD347C23D5AB60C2_label_en-US" xlink:label="lab_us-gaap_TypeOfAdoptionMember_8E628F06CB925479BD347C23D5AB60C2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Type of Adoption [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_TypeOfAdoptionMember" xlink:label="loc_us-gaap_TypeOfAdoptionMember_8E628F06CB925479BD347C23D5AB60C2" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TypeOfAdoptionMember_8E628F06CB925479BD347C23D5AB60C2" xlink:to="lab_us-gaap_TypeOfAdoptionMember_8E628F06CB925479BD347C23D5AB60C2" xlink:type="arc"/>
<link:label id="lab_bac_AccountingStandardsUpdate201102Member_DC136FA66C2A841EB8947C23D5D20562_label_en-US" xlink:label="lab_bac_AccountingStandardsUpdate201102Member_DC136FA66C2A841EB8947C23D5D20562" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Accounting Standards Update 2011-02 [Member] </link:label>
<link:label id="lab_bac_AccountingStandardsUpdate201102Member_DC136FA66C2A841EB8947C23D5D20562_documentation_en-US" xlink:label="lab_bac_AccountingStandardsUpdate201102Member_DC136FA66C2A841EB8947C23D5D20562" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Accounting Standards Update 2011-02 [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_AccountingStandardsUpdate201102Member" xlink:label="loc_bac_AccountingStandardsUpdate201102Member_DC136FA66C2A841EB8947C23D5D20562" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_AccountingStandardsUpdate201102Member_DC136FA66C2A841EB8947C23D5D20562" xlink:to="lab_bac_AccountingStandardsUpdate201102Member_DC136FA66C2A841EB8947C23D5D20562" xlink:type="arc"/>
<link:label id="lab_us-gaap_HomeEquityMember_10ED301A24AFA15CE826999819AEDA96_terseLabel_en-US" xlink:label="lab_us-gaap_HomeEquityMember_10ED301A24AFA15CE826999819AEDA96" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Home Equity [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_HomeEquityMember" xlink:label="loc_us-gaap_HomeEquityMember_10ED301A24AFA15CE826999819AEDA96" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_HomeEquityMember_10ED301A24AFA15CE826999819AEDA96" xlink:to="lab_us-gaap_HomeEquityMember_10ED301A24AFA15CE826999819AEDA96" xlink:type="arc"/>
<link:label id="lab_bac_CommercialFinancingReceivableMember_56BCD7FD43E51A397B547C257A9AF50B_label_en-US" xlink:label="lab_bac_CommercialFinancingReceivableMember_56BCD7FD43E51A397B547C257A9AF50B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Commercial Financing Receivable [Member] </link:label>
<link:label id="lab_bac_CommercialFinancingReceivableMember_56BCD7FD43E51A397B547C257A9AF50B_documentation_en-US" xlink:label="lab_bac_CommercialFinancingReceivableMember_56BCD7FD43E51A397B547C257A9AF50B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Class of financing receivables related to commercial financing receivables. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CommercialFinancingReceivableMember" xlink:label="loc_bac_CommercialFinancingReceivableMember_56BCD7FD43E51A397B547C257A9AF50B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CommercialFinancingReceivableMember_56BCD7FD43E51A397B547C257A9AF50B" xlink:to="lab_bac_CommercialFinancingReceivableMember_56BCD7FD43E51A397B547C257A9AF50B" xlink:type="arc"/>
<link:label id="lab_bac_CommercialRealEstateReceivableMember_9987E215DF949E8B72637C258F34C92E_label_en-US" xlink:label="lab_bac_CommercialRealEstateReceivableMember_9987E215DF949E8B72637C258F34C92E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Commercial Real Estate Receivable [Member] </link:label>
<link:label id="lab_bac_CommercialRealEstateReceivableMember_9987E215DF949E8B72637C258F34C92E_documentation_en-US" xlink:label="lab_bac_CommercialRealEstateReceivableMember_9987E215DF949E8B72637C258F34C92E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Class of financing receivables related to commercial real-estate financing receivables. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CommercialRealEstateReceivableMember" xlink:label="loc_bac_CommercialRealEstateReceivableMember_9987E215DF949E8B72637C258F34C92E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CommercialRealEstateReceivableMember_9987E215DF949E8B72637C258F34C92E" xlink:to="lab_bac_CommercialRealEstateReceivableMember_9987E215DF949E8B72637C258F34C92E" xlink:type="arc"/>
<link:label id="lab_bac_SmallBusinessCommercialReceivableMember_2A1F19B8486D99373ACD7C25ABD5B0B8_label_en-US" xlink:label="lab_bac_SmallBusinessCommercialReceivableMember_2A1F19B8486D99373ACD7C25ABD5B0B8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Small Business Commercial Receivable [Member] </link:label>
<link:label id="lab_bac_SmallBusinessCommercialReceivableMember_2A1F19B8486D99373ACD7C25ABD5B0B8_documentation_en-US" xlink:label="lab_bac_SmallBusinessCommercialReceivableMember_2A1F19B8486D99373ACD7C25ABD5B0B8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Class of financing receivables related to small business commercial financing receivables. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_SmallBusinessCommercialReceivableMember" xlink:label="loc_bac_SmallBusinessCommercialReceivableMember_2A1F19B8486D99373ACD7C25ABD5B0B8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_SmallBusinessCommercialReceivableMember_2A1F19B8486D99373ACD7C25ABD5B0B8" xlink:to="lab_bac_SmallBusinessCommercialReceivableMember_2A1F19B8486D99373ACD7C25ABD5B0B8" xlink:type="arc"/>
<link:label id="lab_country_US_B5F7D9E9C433CEB618287C2578DE1F38_terseLabel_en-US" xlink:label="lab_country_US_B5F7D9E9C433CEB618287C2578DE1F38" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> U.S. Commercial </link:label>
<link:label id="lab_country_US_B5F7D9E9C433CEB618287C2578DE1F38_label_en-US" xlink:label="lab_country_US_B5F7D9E9C433CEB618287C2578DE1F38" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> UNITED STATES </link:label>
<link:loc xlink:href="http://xbrl.sec.gov/country/2011/country-2011-01-31.xsd#country_US" xlink:label="loc_country_US_B5F7D9E9C433CEB618287C2578DE1F38" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_US_B5F7D9E9C433CEB618287C2578DE1F38" xlink:to="lab_country_US_B5F7D9E9C433CEB618287C2578DE1F38" xlink:type="arc"/>
<link:label id="lab_bac_ForeignMember_2181A93C7D001623EE0E7C2599D97EDA_terseLabel_en-US" xlink:label="lab_bac_ForeignMember_2181A93C7D001623EE0E7C2599D97EDA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Non-U.S. Commercial </link:label>
<link:label id="lab_bac_ForeignMember_2181A93C7D001623EE0E7C2599D97EDA_label_en-US" xlink:label="lab_bac_ForeignMember_2181A93C7D001623EE0E7C2599D97EDA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Foreign [Member] </link:label>
<link:label id="lab_bac_ForeignMember_2181A93C7D001623EE0E7C2599D97EDA_documentation_en-US" xlink:label="lab_bac_ForeignMember_2181A93C7D001623EE0E7C2599D97EDA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Foreign Member. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ForeignMember" xlink:label="loc_bac_ForeignMember_2181A93C7D001623EE0E7C2599D97EDA" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ForeignMember_2181A93C7D001623EE0E7C2599D97EDA" xlink:to="lab_bac_ForeignMember_2181A93C7D001623EE0E7C2599D97EDA" xlink:type="arc"/>
<link:label id="lab_us-gaap_ResidentialPortfolioSegmentMember_9CFE8FC752EC5C7D948799981A9C4121_terseLabel_en-US" xlink:label="lab_us-gaap_ResidentialPortfolioSegmentMember_9CFE8FC752EC5C7D948799981A9C4121" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Home Loans [Member] </link:label>
<link:label id="lab_us-gaap_ResidentialPortfolioSegmentMember_9CFE8FC752EC5C7D948799981A9C4121_label_en-US" xlink:label="lab_us-gaap_ResidentialPortfolioSegmentMember_9CFE8FC752EC5C7D948799981A9C4121" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Residential Portfolio Segment [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ResidentialPortfolioSegmentMember" xlink:label="loc_us-gaap_ResidentialPortfolioSegmentMember_9CFE8FC752EC5C7D948799981A9C4121" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ResidentialPortfolioSegmentMember_9CFE8FC752EC5C7D948799981A9C4121" xlink:to="lab_us-gaap_ResidentialPortfolioSegmentMember_9CFE8FC752EC5C7D948799981A9C4121" xlink:type="arc"/>
<link:label id="lab_us-gaap_FinancingReceivableTroubledDebtRestructuringsAxis_5A4C0E715CA88C96338A7C224E7FC016_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableTroubledDebtRestructuringsAxis_5A4C0E715CA88C96338A7C224E7FC016" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Financing Receivable, Troubled Debt Restructurings [Axis] </link:label>
<link:label id="lab_us-gaap_FinancingReceivableTroubledDebtRestructuringsAxis_5A4C0E715CA88C96338A7C224E7FC016_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableTroubledDebtRestructuringsAxis_5A4C0E715CA88C96338A7C224E7FC016" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivable, Troubled Debt Restructurings [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FinancingReceivableTroubledDebtRestructuringsAxis" xlink:label="loc_us-gaap_FinancingReceivableTroubledDebtRestructuringsAxis_5A4C0E715CA88C96338A7C224E7FC016" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingReceivableTroubledDebtRestructuringsAxis_5A4C0E715CA88C96338A7C224E7FC016" xlink:to="lab_us-gaap_FinancingReceivableTroubledDebtRestructuringsAxis_5A4C0E715CA88C96338A7C224E7FC016" xlink:type="arc"/>
<link:label id="lab_us-gaap_FinancingReceivableTroubledDebtRestructuringsDomain_68A7CC854F8BA6240FC47C224E7F5A27_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableTroubledDebtRestructuringsDomain_68A7CC854F8BA6240FC47C224E7F5A27" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Financing Receivable, Troubled Debt Restructurings [Domain] </link:label>
<link:label id="lab_us-gaap_FinancingReceivableTroubledDebtRestructuringsDomain_68A7CC854F8BA6240FC47C224E7F5A27_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableTroubledDebtRestructuringsDomain_68A7CC854F8BA6240FC47C224E7F5A27" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivable, Troubled Debt Restructurings [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FinancingReceivableTroubledDebtRestructuringsDomain" xlink:label="loc_us-gaap_FinancingReceivableTroubledDebtRestructuringsDomain_68A7CC854F8BA6240FC47C224E7F5A27" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingReceivableTroubledDebtRestructuringsDomain_68A7CC854F8BA6240FC47C224E7F5A27" xlink:to="lab_us-gaap_FinancingReceivableTroubledDebtRestructuringsDomain_68A7CC854F8BA6240FC47C224E7F5A27" xlink:type="arc"/>
<link:label id="lab_us-gaap_FinancingReceivableTroubledDebtRestructuringsThatSubsequentlyDefaultedAxis_294C25E9FFFA95DEC5207C224E7F3D16_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableTroubledDebtRestructuringsThatSubsequentlyDefaultedAxis_294C25E9FFFA95DEC5207C224E7F3D16" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Financing Receivable, Troubled Debt Restructurings that Subsequently Defaulted [Axis] </link:label>
<link:label id="lab_us-gaap_FinancingReceivableTroubledDebtRestructuringsThatSubsequentlyDefaultedAxis_294C25E9FFFA95DEC5207C224E7F3D16_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableTroubledDebtRestructuringsThatSubsequentlyDefaultedAxis_294C25E9FFFA95DEC5207C224E7F3D16" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivable, Troubled Debt Restructurings that Subsequently Defaulted [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FinancingReceivableTroubledDebtRestructuringsThatSubsequentlyDefaultedAxis" xlink:label="loc_us-gaap_FinancingReceivableTroubledDebtRestructuringsThatSubsequentlyDefaultedAxis_294C25E9FFFA95DEC5207C224E7F3D16" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingReceivableTroubledDebtRestructuringsThatSubsequentlyDefaultedAxis_294C25E9FFFA95DEC5207C224E7F3D16" xlink:to="lab_us-gaap_FinancingReceivableTroubledDebtRestructuringsThatSubsequentlyDefaultedAxis_294C25E9FFFA95DEC5207C224E7F3D16" xlink:type="arc"/>
<link:label id="lab_us-gaap_FinancingReceivableTroubledDebtRestructuringsThatSubsequentlyDefaultedDomain_B7146AA27591906C24FC7C224E803A60_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableTroubledDebtRestructuringsThatSubsequentlyDefaultedDomain_B7146AA27591906C24FC7C224E803A60" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Financing Receivable, Troubled Debt Restructurings that Subsequently Defaulted [Domain] </link:label>
<link:label id="lab_us-gaap_FinancingReceivableTroubledDebtRestructuringsThatSubsequentlyDefaultedDomain_B7146AA27591906C24FC7C224E803A60_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableTroubledDebtRestructuringsThatSubsequentlyDefaultedDomain_B7146AA27591906C24FC7C224E803A60" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivable, Troubled Debt Restructurings that Subsequently Defaulted [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FinancingReceivableTroubledDebtRestructuringsThatSubsequentlyDefaultedDomain" xlink:label="loc_us-gaap_FinancingReceivableTroubledDebtRestructuringsThatSubsequentlyDefaultedDomain_B7146AA27591906C24FC7C224E803A60" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FinancingReceivableModificationsLineItems_9A973BB1F48035C29AB37C224E804193_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableModificationsLineItems_9A973BB1F48035C29AB37C224E804193" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Financing Receivable, Modifications [Line Items] </link:label>
<link:label id="lab_us-gaap_FinancingReceivableModificationsLineItems_9A973BB1F48035C29AB37C224E804193_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableModificationsLineItems_9A973BB1F48035C29AB37C224E804193" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivable, Modifications [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FinancingReceivableModificationsLineItems" xlink:label="loc_us-gaap_FinancingReceivableModificationsLineItems_9A973BB1F48035C29AB37C224E804193" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FinancingReceivableModificationsRecordedInvestment_9648B7579BA24E06D86A7C23D5929D65_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableModificationsRecordedInvestment_9648B7579BA24E06D86A7C23D5929D65" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Financing Receivable, Modifications, Recorded Investment </link:label>
<link:label id="lab_us-gaap_FinancingReceivableModificationsRecordedInvestment_9648B7579BA24E06D86A7C23D5929D65_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableModificationsRecordedInvestment_9648B7579BA24E06D86A7C23D5929D65" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivable, Modifications, Recorded Investment </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FinancingReceivableModificationsRecordedInvestment" xlink:label="loc_us-gaap_FinancingReceivableModificationsRecordedInvestment_9648B7579BA24E06D86A7C23D5929D65" xlink:type="locator"/>
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<link:label id="lab_bac_TroubledDebtRestructuringsUnpaidPrincipalBalance_6200DBA122FDFA561AA47C257778B30E_terseLabel_en-US" xlink:label="lab_bac_TroubledDebtRestructuringsUnpaidPrincipalBalance_6200DBA122FDFA561AA47C257778B30E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Unpaid Principal Balance </link:label>
<link:label id="lab_bac_TroubledDebtRestructuringsUnpaidPrincipalBalance_6200DBA122FDFA561AA47C257778B30E_label_en-US" xlink:label="lab_bac_TroubledDebtRestructuringsUnpaidPrincipalBalance_6200DBA122FDFA561AA47C257778B30E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Troubled Debt Restructurings Unpaid Principal Balance </link:label>
<link:label id="lab_bac_TroubledDebtRestructuringsUnpaidPrincipalBalance_6200DBA122FDFA561AA47C257778B30E_documentation_en-US" xlink:label="lab_bac_TroubledDebtRestructuringsUnpaidPrincipalBalance_6200DBA122FDFA561AA47C257778B30E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Troubled Debt Restructurings Unpaid Principal Balance </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_TroubledDebtRestructuringsUnpaidPrincipalBalance" xlink:label="loc_bac_TroubledDebtRestructuringsUnpaidPrincipalBalance_6200DBA122FDFA561AA47C257778B30E" xlink:type="locator"/>
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<link:label id="lab_bac_TroubledDebtRestructuringsCarryingValue_3E7A39E25139AD4F36037C257FFF8436_terseLabel_en-US" xlink:label="lab_bac_TroubledDebtRestructuringsCarryingValue_3E7A39E25139AD4F36037C257FFF8436" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Carrying Value </link:label>
<link:label id="lab_bac_TroubledDebtRestructuringsCarryingValue_3E7A39E25139AD4F36037C257FFF8436_label_en-US" xlink:label="lab_bac_TroubledDebtRestructuringsCarryingValue_3E7A39E25139AD4F36037C257FFF8436" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Troubled Debt Restructurings Carrying Value </link:label>
<link:label id="lab_bac_TroubledDebtRestructuringsCarryingValue_3E7A39E25139AD4F36037C257FFF8436_documentation_en-US" xlink:label="lab_bac_TroubledDebtRestructuringsCarryingValue_3E7A39E25139AD4F36037C257FFF8436" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Troubled Debt Restructurings Carrying Value </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_TroubledDebtRestructuringsCarryingValue" xlink:label="loc_bac_TroubledDebtRestructuringsCarryingValue_3E7A39E25139AD4F36037C257FFF8436" xlink:type="locator"/>
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<link:label id="lab_bac_TroubledDebtRestructuringNetChargeOffs_3C1CE18F6D1D0E7BA9E07C25892859EA_terseLabel_en-US" xlink:label="lab_bac_TroubledDebtRestructuringNetChargeOffs_3C1CE18F6D1D0E7BA9E07C25892859EA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net Charge-Offs </link:label>
<link:label id="lab_bac_TroubledDebtRestructuringNetChargeOffs_3C1CE18F6D1D0E7BA9E07C25892859EA_label_en-US" xlink:label="lab_bac_TroubledDebtRestructuringNetChargeOffs_3C1CE18F6D1D0E7BA9E07C25892859EA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Troubled Debt Restructuring Net Charge Offs </link:label>
<link:label id="lab_bac_TroubledDebtRestructuringNetChargeOffs_3C1CE18F6D1D0E7BA9E07C25892859EA_documentation_en-US" xlink:label="lab_bac_TroubledDebtRestructuringNetChargeOffs_3C1CE18F6D1D0E7BA9E07C25892859EA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Troubled Debt Restructuring Net Charge Offs </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_TroubledDebtRestructuringNetChargeOffs" xlink:label="loc_bac_TroubledDebtRestructuringNetChargeOffs_3C1CE18F6D1D0E7BA9E07C25892859EA" xlink:type="locator"/>
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<link:label id="lab_bac_FinancingReceivableModificationsPaymentDefaultCarryingValue_EEB92E294D86A6E097D8880B676FD2F5_terseLabel_en-US" xlink:label="lab_bac_FinancingReceivableModificationsPaymentDefaultCarryingValue_EEB92E294D86A6E097D8880B676FD2F5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Financing Receivable, Modifications, Payment Default, Carrying Value </link:label>
<link:label id="lab_bac_FinancingReceivableModificationsPaymentDefaultCarryingValue_EEB92E294D86A6E097D8880B676FD2F5_label_en-US" xlink:label="lab_bac_FinancingReceivableModificationsPaymentDefaultCarryingValue_EEB92E294D86A6E097D8880B676FD2F5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivable, Modifications, Payment Default, Carrying Value </link:label>
<link:label id="lab_bac_FinancingReceivableModificationsPaymentDefaultCarryingValue_EEB92E294D86A6E097D8880B676FD2F5_documentation_en-US" xlink:label="lab_bac_FinancingReceivableModificationsPaymentDefaultCarryingValue_EEB92E294D86A6E097D8880B676FD2F5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Financing Receivable, Modifications, Payment Default, Carrying Value </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_FinancingReceivableModificationsPaymentDefaultCarryingValue" xlink:label="loc_bac_FinancingReceivableModificationsPaymentDefaultCarryingValue_EEB92E294D86A6E097D8880B676FD2F5" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FairValueOptionQuantitativeDisclosuresTable_3C3C1F7047185043EAC1583CF8864DA6_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueOptionQuantitativeDisclosuresTable_3C3C1F7047185043EAC1583CF8864DA6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, Option, Quantitative Disclosures [Table] </link:label>
<link:label id="lab_us-gaap_FairValueOptionQuantitativeDisclosuresTable_3C3C1F7047185043EAC1583CF8864DA6_label_en-US" xlink:label="lab_us-gaap_FairValueOptionQuantitativeDisclosuresTable_3C3C1F7047185043EAC1583CF8864DA6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Option, Quantitative Disclosures [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FairValueOptionQuantitativeDisclosuresTable" xlink:label="loc_us-gaap_FairValueOptionQuantitativeDisclosuresTable_3C3C1F7047185043EAC1583CF8864DA6" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FairValueOptionQuantitativeDisclosuresByEligibleItemOrGroupAxis_41E4BB215C32FF91ECAD58408F0E8D9E_label_en-US" xlink:label="lab_us-gaap_FairValueOptionQuantitativeDisclosuresByEligibleItemOrGroupAxis_41E4BB215C32FF91ECAD58408F0E8D9E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Option, Quantitative Disclosures, by Eligible Item or Group [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FairValueOptionQuantitativeDisclosuresByEligibleItemOrGroupAxis" xlink:label="loc_us-gaap_FairValueOptionQuantitativeDisclosuresByEligibleItemOrGroupAxis_41E4BB215C32FF91ECAD58408F0E8D9E" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FairValueOptionEligibleItemOrGroupDomain_31411BE97DB0F5E71E05585F8FACE2B1_label_en-US" xlink:label="lab_us-gaap_FairValueOptionEligibleItemOrGroupDomain_31411BE97DB0F5E71E05585F8FACE2B1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Option, Eligible Item or Group [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FairValueOptionEligibleItemOrGroupDomain" xlink:label="loc_us-gaap_FairValueOptionEligibleItemOrGroupDomain_31411BE97DB0F5E71E05585F8FACE2B1" xlink:type="locator"/>
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<link:label id="lab_us-gaap_TradingAccountAssetsMember_A7942E35DAE5F924F0D958408FA38CDD_terseLabel_en-US" xlink:label="lab_us-gaap_TradingAccountAssetsMember_A7942E35DAE5F924F0D958408FA38CDD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loans Reported as Trading Account Assets [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_TradingAccountAssetsMember" xlink:label="loc_us-gaap_TradingAccountAssetsMember_A7942E35DAE5F924F0D958408FA38CDD" xlink:type="locator"/>
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<link:label id="lab_bac_ConsumerAndCommercialLoansMember_269ABF8FF9CAE018EC27989DCFF91ADB_terseLabel_en-US" xlink:label="lab_bac_ConsumerAndCommercialLoansMember_269ABF8FF9CAE018EC27989DCFF91ADB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Consumer and Commercial Loans [Member] </link:label>
<link:label id="lab_bac_ConsumerAndCommercialLoansMember_269ABF8FF9CAE018EC27989DCFF91ADB_label_en-US" xlink:label="lab_bac_ConsumerAndCommercialLoansMember_269ABF8FF9CAE018EC27989DCFF91ADB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Consumer and Commercial Loans [Member] </link:label>
<link:label id="lab_bac_ConsumerAndCommercialLoansMember_269ABF8FF9CAE018EC27989DCFF91ADB_documentation_en-US" xlink:label="lab_bac_ConsumerAndCommercialLoansMember_269ABF8FF9CAE018EC27989DCFF91ADB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Consumer and Commercial Loans [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ConsumerAndCommercialLoansMember" xlink:label="loc_bac_ConsumerAndCommercialLoansMember_269ABF8FF9CAE018EC27989DCFF91ADB" xlink:type="locator"/>
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<link:label id="lab_bac_CorporateLoansMember_4FD1DF3E6E9DA1EA8909584093D8BF85_label_en-US" xlink:label="lab_bac_CorporateLoansMember_4FD1DF3E6E9DA1EA8909584093D8BF85" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Corporate Loans [Member] </link:label>
<link:label id="lab_bac_CorporateLoansMember_4FD1DF3E6E9DA1EA8909584093D8BF85_documentation_en-US" xlink:label="lab_bac_CorporateLoansMember_4FD1DF3E6E9DA1EA8909584093D8BF85" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Corporate Loans. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CorporateLoansMember" xlink:label="loc_bac_CorporateLoansMember_4FD1DF3E6E9DA1EA8909584093D8BF85" xlink:type="locator"/>
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<link:label id="lab_bac_SecuritiesFinancingAgreementsMember_B6A78C29C5A153A99EE458409CE7104F_label_en-US" xlink:label="lab_bac_SecuritiesFinancingAgreementsMember_B6A78C29C5A153A99EE458409CE7104F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities Financing Agreements [Member] </link:label>
<link:label id="lab_bac_SecuritiesFinancingAgreementsMember_B6A78C29C5A153A99EE458409CE7104F_documentation_en-US" xlink:label="lab_bac_SecuritiesFinancingAgreementsMember_B6A78C29C5A153A99EE458409CE7104F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Securities Financing Agreements. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_SecuritiesFinancingAgreementsMember" xlink:label="loc_bac_SecuritiesFinancingAgreementsMember_B6A78C29C5A153A99EE458409CE7104F" xlink:type="locator"/>
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<link:label id="lab_bac_LongTermDepositsMember_B840FEF8026640643FF25840A33C6D0B_label_en-US" xlink:label="lab_bac_LongTermDepositsMember_B840FEF8026640643FF25840A33C6D0B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Long-term Deposits [Member] </link:label>
<link:label id="lab_bac_LongTermDepositsMember_B840FEF8026640643FF25840A33C6D0B_documentation_en-US" xlink:label="lab_bac_LongTermDepositsMember_B840FEF8026640643FF25840A33C6D0B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Long Term Deposits Member. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_LongTermDepositsMember" xlink:label="loc_bac_LongTermDepositsMember_B840FEF8026640643FF25840A33C6D0B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_LongTermDepositsMember_B840FEF8026640643FF25840A33C6D0B" xlink:to="lab_bac_LongTermDepositsMember_B840FEF8026640643FF25840A33C6D0B" xlink:type="arc"/>
<link:label id="lab_us-gaap_AssetBackedSecuritiesMember_7975BAC7B1F0AC5B857A5840A7D4CF34_verboseLabel_en-US" xlink:label="lab_us-gaap_AssetBackedSecuritiesMember_7975BAC7B1F0AC5B857A5840A7D4CF34" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Asset-backed Secured Financings [Member] </link:label>
<link:label id="lab_us-gaap_AssetBackedSecuritiesMember_7975BAC7B1F0AC5B857A5840A7D4CF34_label_en-US" xlink:label="lab_us-gaap_AssetBackedSecuritiesMember_7975BAC7B1F0AC5B857A5840A7D4CF34" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Asset-backed Securities [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AssetBackedSecuritiesMember" xlink:label="loc_us-gaap_AssetBackedSecuritiesMember_7975BAC7B1F0AC5B857A5840A7D4CF34" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AssetBackedSecuritiesMember_7975BAC7B1F0AC5B857A5840A7D4CF34" xlink:to="lab_us-gaap_AssetBackedSecuritiesMember_7975BAC7B1F0AC5B857A5840A7D4CF34" xlink:type="arc"/>
<link:label id="lab_bac_UnfundedLoanCommitmentsMember_311F44BD45AB1A1E524B5840ABD3331E_label_en-US" xlink:label="lab_bac_UnfundedLoanCommitmentsMember_311F44BD45AB1A1E524B5840ABD3331E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Unfunded loan commitments [Member] </link:label>
<link:label id="lab_bac_UnfundedLoanCommitmentsMember_311F44BD45AB1A1E524B5840ABD3331E_documentation_en-US" xlink:label="lab_bac_UnfundedLoanCommitmentsMember_311F44BD45AB1A1E524B5840ABD3331E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Unfunded loan commitments. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_UnfundedLoanCommitmentsMember" xlink:label="loc_bac_UnfundedLoanCommitmentsMember_311F44BD45AB1A1E524B5840ABD3331E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_UnfundedLoanCommitmentsMember_311F44BD45AB1A1E524B5840ABD3331E" xlink:to="lab_bac_UnfundedLoanCommitmentsMember_311F44BD45AB1A1E524B5840ABD3331E" xlink:type="arc"/>
<link:label id="lab_us-gaap_ShortTermDebtMember_7E8922025CFD0943BE995840AECABFF2_verboseLabel_en-US" xlink:label="lab_us-gaap_ShortTermDebtMember_7E8922025CFD0943BE995840AECABFF2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Other Short-Term Borrowings [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ShortTermDebtMember" xlink:label="loc_us-gaap_ShortTermDebtMember_7E8922025CFD0943BE995840AECABFF2" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShortTermDebtMember_7E8922025CFD0943BE995840AECABFF2" xlink:to="lab_us-gaap_ShortTermDebtMember_7E8922025CFD0943BE995840AECABFF2" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValueOptionQuantitativeDisclosuresLineItems_F5AF7D20A584C0EFC4055860E4B01F89_label_en-US" xlink:label="lab_us-gaap_FairValueOptionQuantitativeDisclosuresLineItems_F5AF7D20A584C0EFC4055860E4B01F89" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Option, Quantitative Disclosures [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FairValueOptionQuantitativeDisclosuresLineItems" xlink:label="loc_us-gaap_FairValueOptionQuantitativeDisclosuresLineItems_F5AF7D20A584C0EFC4055860E4B01F89" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueOptionQuantitativeDisclosuresLineItems_F5AF7D20A584C0EFC4055860E4B01F89" xlink:to="lab_us-gaap_FairValueOptionQuantitativeDisclosuresLineItems_F5AF7D20A584C0EFC4055860E4B01F89" xlink:type="arc"/>
<link:label id="lab_bac_FairValueOptionElectionsAbstract_A856034E1DF53744DE4C586369743099_label_en-US" xlink:label="lab_bac_FairValueOptionElectionsAbstract_A856034E1DF53744DE4C586369743099" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value Option Elections [Abstract] </link:label>
<link:label id="lab_bac_FairValueOptionElectionsAbstract_A856034E1DF53744DE4C586369743099_documentation_en-US" xlink:label="lab_bac_FairValueOptionElectionsAbstract_A856034E1DF53744DE4C586369743099" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Fair Value Option Elections. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_FairValueOptionElectionsAbstract" xlink:label="loc_bac_FairValueOptionElectionsAbstract_A856034E1DF53744DE4C586369743099" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_FairValueOptionElectionsAbstract_A856034E1DF53744DE4C586369743099" xlink:to="lab_bac_FairValueOptionElectionsAbstract_A856034E1DF53744DE4C586369743099" xlink:type="arc"/>
<link:label id="lab_bac_FairValueCarryingAmountAssets_7A1709864E55982CCAD658408E897F98_terseLabel_en-US" xlink:label="lab_bac_FairValueCarryingAmountAssets_7A1709864E55982CCAD658408E897F98" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value Carrying Amount </link:label>
<link:label id="lab_bac_FairValueCarryingAmountAssets_7A1709864E55982CCAD658408E897F98_label_en-US" xlink:label="lab_bac_FairValueCarryingAmountAssets_7A1709864E55982CCAD658408E897F98" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value Carrying Amount Assets </link:label>
<link:label id="lab_bac_FairValueCarryingAmountAssets_7A1709864E55982CCAD658408E897F98_documentation_en-US" xlink:label="lab_bac_FairValueCarryingAmountAssets_7A1709864E55982CCAD658408E897F98" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Fair Value Carrying Amount Assets. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_FairValueCarryingAmountAssets" xlink:label="loc_bac_FairValueCarryingAmountAssets_7A1709864E55982CCAD658408E897F98" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_FairValueCarryingAmountAssets_7A1709864E55982CCAD658408E897F98" xlink:to="lab_bac_FairValueCarryingAmountAssets_7A1709864E55982CCAD658408E897F98" xlink:type="arc"/>
<link:label id="lab_bac_FairValueCarryingAmountLiabilities_44A163AAECACE8488E9A5840A2B76853_verboseLabel_en-US" xlink:label="lab_bac_FairValueCarryingAmountLiabilities_44A163AAECACE8488E9A5840A2B76853" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value Carrying Amount </link:label>
<link:label id="lab_bac_FairValueCarryingAmountLiabilities_44A163AAECACE8488E9A5840A2B76853_label_en-US" xlink:label="lab_bac_FairValueCarryingAmountLiabilities_44A163AAECACE8488E9A5840A2B76853" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value Carrying Amount Liabilities </link:label>
<link:label id="lab_bac_FairValueCarryingAmountLiabilities_44A163AAECACE8488E9A5840A2B76853_documentation_en-US" xlink:label="lab_bac_FairValueCarryingAmountLiabilities_44A163AAECACE8488E9A5840A2B76853" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Fair Value Carrying Amount Liabilities. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_FairValueCarryingAmountLiabilities" xlink:label="loc_bac_FairValueCarryingAmountLiabilities_44A163AAECACE8488E9A5840A2B76853" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_FairValueCarryingAmountLiabilities_44A163AAECACE8488E9A5840A2B76853" xlink:to="lab_bac_FairValueCarryingAmountLiabilities_44A163AAECACE8488E9A5840A2B76853" xlink:type="arc"/>
<link:label id="lab_bac_ContractualPrincipalOutstandingAssets_4D20CFFE3C868AD3021D584090A737AC_terseLabel_en-US" xlink:label="lab_bac_ContractualPrincipalOutstandingAssets_4D20CFFE3C868AD3021D584090A737AC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Contractual Principal Outstanding </link:label>
<link:label id="lab_bac_ContractualPrincipalOutstandingAssets_4D20CFFE3C868AD3021D584090A737AC_label_en-US" xlink:label="lab_bac_ContractualPrincipalOutstandingAssets_4D20CFFE3C868AD3021D584090A737AC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Contractual Principal Outstanding Assets </link:label>
<link:label id="lab_bac_ContractualPrincipalOutstandingAssets_4D20CFFE3C868AD3021D584090A737AC_documentation_en-US" xlink:label="lab_bac_ContractualPrincipalOutstandingAssets_4D20CFFE3C868AD3021D584090A737AC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Contractual Principal Outstanding Assets. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ContractualPrincipalOutstandingAssets" xlink:label="loc_bac_ContractualPrincipalOutstandingAssets_4D20CFFE3C868AD3021D584090A737AC" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ContractualPrincipalOutstandingAssets_4D20CFFE3C868AD3021D584090A737AC" xlink:to="lab_bac_ContractualPrincipalOutstandingAssets_4D20CFFE3C868AD3021D584090A737AC" xlink:type="arc"/>
<link:label id="lab_bac_ContractualPrincipalOutstandingLiabilities_79815E403B5595E2CE5E5840A429C04E_terseLabel_en-US" xlink:label="lab_bac_ContractualPrincipalOutstandingLiabilities_79815E403B5595E2CE5E5840A429C04E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Contractual Principal Outstanding </link:label>
<link:label id="lab_bac_ContractualPrincipalOutstandingLiabilities_79815E403B5595E2CE5E5840A429C04E_label_en-US" xlink:label="lab_bac_ContractualPrincipalOutstandingLiabilities_79815E403B5595E2CE5E5840A429C04E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Contractual Principal Outstanding Liabilities </link:label>
<link:label id="lab_bac_ContractualPrincipalOutstandingLiabilities_79815E403B5595E2CE5E5840A429C04E_documentation_en-US" xlink:label="lab_bac_ContractualPrincipalOutstandingLiabilities_79815E403B5595E2CE5E5840A429C04E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Contractual Principal Outstanding Liabilities. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ContractualPrincipalOutstandingLiabilities" xlink:label="loc_bac_ContractualPrincipalOutstandingLiabilities_79815E403B5595E2CE5E5840A429C04E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ContractualPrincipalOutstandingLiabilities_79815E403B5595E2CE5E5840A429C04E" xlink:to="lab_bac_ContractualPrincipalOutstandingLiabilities_79815E403B5595E2CE5E5840A429C04E" xlink:type="arc"/>
<link:label id="lab_bac_FairValueCarryingAmountLessUnpaidPrincipalAssets_B3AF609EFAFDF483553B5840921BBC60_terseLabel_en-US" xlink:label="lab_bac_FairValueCarryingAmountLessUnpaidPrincipalAssets_B3AF609EFAFDF483553B5840921BBC60" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value Carrying Amount Less Unpaid Principal </link:label>
<link:label id="lab_bac_FairValueCarryingAmountLessUnpaidPrincipalAssets_B3AF609EFAFDF483553B5840921BBC60_label_en-US" xlink:label="lab_bac_FairValueCarryingAmountLessUnpaidPrincipalAssets_B3AF609EFAFDF483553B5840921BBC60" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value Carrying Amount Less Unpaid Principal Assets </link:label>
<link:label id="lab_bac_FairValueCarryingAmountLessUnpaidPrincipalAssets_B3AF609EFAFDF483553B5840921BBC60_documentation_en-US" xlink:label="lab_bac_FairValueCarryingAmountLessUnpaidPrincipalAssets_B3AF609EFAFDF483553B5840921BBC60" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Fair Value Carrying Amount Less Unpaid Principal Assets. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_FairValueCarryingAmountLessUnpaidPrincipalAssets" xlink:label="loc_bac_FairValueCarryingAmountLessUnpaidPrincipalAssets_B3AF609EFAFDF483553B5840921BBC60" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_FairValueCarryingAmountLessUnpaidPrincipalAssets_B3AF609EFAFDF483553B5840921BBC60" xlink:to="lab_bac_FairValueCarryingAmountLessUnpaidPrincipalAssets_B3AF609EFAFDF483553B5840921BBC60" xlink:type="arc"/>
<link:label id="lab_bac_FairValueCarryingAmountLessUnpaidPrincipalLiabilities_F35169140984F7C6D3785840A5832976_terseLabel_en-US" xlink:label="lab_bac_FairValueCarryingAmountLessUnpaidPrincipalLiabilities_F35169140984F7C6D3785840A5832976" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value Carrying Amount Less Unpaid Principal </link:label>
<link:label id="lab_bac_FairValueCarryingAmountLessUnpaidPrincipalLiabilities_F35169140984F7C6D3785840A5832976_label_en-US" xlink:label="lab_bac_FairValueCarryingAmountLessUnpaidPrincipalLiabilities_F35169140984F7C6D3785840A5832976" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value Carrying Amount Less Unpaid Principal Liabilities </link:label>
<link:label id="lab_bac_FairValueCarryingAmountLessUnpaidPrincipalLiabilities_F35169140984F7C6D3785840A5832976_documentation_en-US" xlink:label="lab_bac_FairValueCarryingAmountLessUnpaidPrincipalLiabilities_F35169140984F7C6D3785840A5832976" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Fair Value Carrying Amount Less Unpaid Principal Liabilities. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_FairValueCarryingAmountLessUnpaidPrincipalLiabilities" xlink:label="loc_bac_FairValueCarryingAmountLessUnpaidPrincipalLiabilities_F35169140984F7C6D3785840A5832976" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_FairValueCarryingAmountLessUnpaidPrincipalLiabilities_F35169140984F7C6D3785840A5832976" xlink:to="lab_bac_FairValueCarryingAmountLessUnpaidPrincipalLiabilities_F35169140984F7C6D3785840A5832976" xlink:type="arc"/>
<link:label id="lab_us-gaap_RegulatoryCapitalRequirementsUnderBankingRegulationsTextBlock_8142C2795E6AA8121D05C528E0015E70_terseLabel_en-US" xlink:label="lab_us-gaap_RegulatoryCapitalRequirementsUnderBankingRegulationsTextBlock_8142C2795E6AA8121D05C528E0015E70" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Regulatory Capital Requirements under Banking Regulations [Text Block] </link:label>
<link:label id="lab_us-gaap_RegulatoryCapitalRequirementsUnderBankingRegulationsTextBlock_8142C2795E6AA8121D05C528E0015E70_label_en-US" xlink:label="lab_us-gaap_RegulatoryCapitalRequirementsUnderBankingRegulationsTextBlock_8142C2795E6AA8121D05C528E0015E70" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Regulatory Capital Requirements under Banking Regulations [Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_RegulatoryCapitalRequirementsUnderBankingRegulationsTextBlock" xlink:label="loc_us-gaap_RegulatoryCapitalRequirementsUnderBankingRegulationsTextBlock_8142C2795E6AA8121D05C528E0015E70" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract_5F40EE38272A4EE210A3ACEEB2509657_label_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract_5F40EE38272A4EE210A3ACEEB2509657" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Instruments and Hedging Activities Disclosure [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract" xlink:label="loc_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract_5F40EE38272A4EE210A3ACEEB2509657" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DerivativeTable_A187685D64A73527E3AAACEEB386964A_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeTable_A187685D64A73527E3AAACEEB386964A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative [Table] </link:label>
<link:label id="lab_us-gaap_DerivativeTable_A187685D64A73527E3AAACEEB386964A_label_en-US" xlink:label="lab_us-gaap_DerivativeTable_A187685D64A73527E3AAACEEB386964A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DerivativeTable" xlink:label="loc_us-gaap_DerivativeTable_A187685D64A73527E3AAACEEB386964A" xlink:type="locator"/>
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<link:label id="lab_bac_CreditRiskDerivativeTriggerAxis_99D0075ADD3284DBBE5CAFB8A1D42FFE_label_en-US" xlink:label="lab_bac_CreditRiskDerivativeTriggerAxis_99D0075ADD3284DBBE5CAFB8A1D42FFE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Credit Risk Derivative Trigger [Axis] </link:label>
<link:label id="lab_bac_CreditRiskDerivativeTriggerAxis_99D0075ADD3284DBBE5CAFB8A1D42FFE_documentation_en-US" xlink:label="lab_bac_CreditRiskDerivativeTriggerAxis_99D0075ADD3284DBBE5CAFB8A1D42FFE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Credit Risk Derivative Trigger [Axis] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CreditRiskDerivativeTriggerAxis" xlink:label="loc_bac_CreditRiskDerivativeTriggerAxis_99D0075ADD3284DBBE5CAFB8A1D42FFE" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CreditRiskDerivativeTriggerAxis_99D0075ADD3284DBBE5CAFB8A1D42FFE" xlink:to="lab_bac_CreditRiskDerivativeTriggerAxis_99D0075ADD3284DBBE5CAFB8A1D42FFE" xlink:type="arc"/>
<link:label id="lab_bac_CreditRiskDerivativeTriggerDomain_F827073E4945D03C5357AFB9225FCC08_label_en-US" xlink:label="lab_bac_CreditRiskDerivativeTriggerDomain_F827073E4945D03C5357AFB9225FCC08" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Credit Risk Derivative Trigger [Domain] </link:label>
<link:label id="lab_bac_CreditRiskDerivativeTriggerDomain_F827073E4945D03C5357AFB9225FCC08_documentation_en-US" xlink:label="lab_bac_CreditRiskDerivativeTriggerDomain_F827073E4945D03C5357AFB9225FCC08" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Credit Risk Derivative Trigger [Domain] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CreditRiskDerivativeTriggerDomain" xlink:label="loc_bac_CreditRiskDerivativeTriggerDomain_F827073E4945D03C5357AFB9225FCC08" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CreditRiskDerivativeTriggerDomain_F827073E4945D03C5357AFB9225FCC08" xlink:to="lab_bac_CreditRiskDerivativeTriggerDomain_F827073E4945D03C5357AFB9225FCC08" xlink:type="arc"/>
<link:label id="lab_bac_RatingAgencyDowngradeByOneNotchMember_43580A894EA030EC4AD4AFB9D5420D54_label_en-US" xlink:label="lab_bac_RatingAgencyDowngradeByOneNotchMember_43580A894EA030EC4AD4AFB9D5420D54" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Rating Agency Downgrade By One Notch [Member] </link:label>
<link:label id="lab_bac_RatingAgencyDowngradeByOneNotchMember_43580A894EA030EC4AD4AFB9D5420D54_documentation_en-US" xlink:label="lab_bac_RatingAgencyDowngradeByOneNotchMember_43580A894EA030EC4AD4AFB9D5420D54" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Rating Agency Downgrade By One Notch [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_RatingAgencyDowngradeByOneNotchMember" xlink:label="loc_bac_RatingAgencyDowngradeByOneNotchMember_43580A894EA030EC4AD4AFB9D5420D54" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_RatingAgencyDowngradeByOneNotchMember_43580A894EA030EC4AD4AFB9D5420D54" xlink:to="lab_bac_RatingAgencyDowngradeByOneNotchMember_43580A894EA030EC4AD4AFB9D5420D54" xlink:type="arc"/>
<link:label id="lab_bac_RatingAgencyDowngradeByTwoNotchesMember_351C715716510478FDC4AFBB1420D1AE_label_en-US" xlink:label="lab_bac_RatingAgencyDowngradeByTwoNotchesMember_351C715716510478FDC4AFBB1420D1AE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Rating Agency Downgrade by Two Notches [Member] </link:label>
<link:label id="lab_bac_RatingAgencyDowngradeByTwoNotchesMember_351C715716510478FDC4AFBB1420D1AE_documentation_en-US" xlink:label="lab_bac_RatingAgencyDowngradeByTwoNotchesMember_351C715716510478FDC4AFBB1420D1AE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Rating Agency Downgrade by Two Notches [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_RatingAgencyDowngradeByTwoNotchesMember" xlink:label="loc_bac_RatingAgencyDowngradeByTwoNotchesMember_351C715716510478FDC4AFBB1420D1AE" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_RatingAgencyDowngradeByTwoNotchesMember_351C715716510478FDC4AFBB1420D1AE" xlink:to="lab_bac_RatingAgencyDowngradeByTwoNotchesMember_351C715716510478FDC4AFBB1420D1AE" xlink:type="arc"/>
<link:label id="lab_bac_MerrillLynchMember_24503B35366FBBFCA7BFAFB0C03EB356_label_en-US" xlink:label="lab_bac_MerrillLynchMember_24503B35366FBBFCA7BFAFB0C03EB356" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Merrill Lynch [Member] </link:label>
<link:label id="lab_bac_MerrillLynchMember_24503B35366FBBFCA7BFAFB0C03EB356_documentation_en-US" xlink:label="lab_bac_MerrillLynchMember_24503B35366FBBFCA7BFAFB0C03EB356" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Merrill Lynch and Co., Inc. [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_MerrillLynchMember" xlink:label="loc_bac_MerrillLynchMember_24503B35366FBBFCA7BFAFB0C03EB356" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_MerrillLynchMember_24503B35366FBBFCA7BFAFB0C03EB356" xlink:to="lab_bac_MerrillLynchMember_24503B35366FBBFCA7BFAFB0C03EB356" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeByNatureAxis_B7617609F5998D70DB28ACEEB386F641_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeByNatureAxis_B7617609F5998D70DB28ACEEB386F641" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative, by Nature [Axis] </link:label>
<link:label id="lab_us-gaap_DerivativeByNatureAxis_B7617609F5998D70DB28ACEEB386F641_label_en-US" xlink:label="lab_us-gaap_DerivativeByNatureAxis_B7617609F5998D70DB28ACEEB386F641" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative, by Nature [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DerivativeByNatureAxis" xlink:label="loc_us-gaap_DerivativeByNatureAxis_B7617609F5998D70DB28ACEEB386F641" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeByNatureAxis_B7617609F5998D70DB28ACEEB386F641" xlink:to="lab_us-gaap_DerivativeByNatureAxis_B7617609F5998D70DB28ACEEB386F641" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeNameDomain_6D926B13FAF03281E8B0ACEEB386CAF4_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeNameDomain_6D926B13FAF03281E8B0ACEEB386CAF4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative, Name [Domain] </link:label>
<link:label id="lab_us-gaap_DerivativeNameDomain_6D926B13FAF03281E8B0ACEEB386CAF4_label_en-US" xlink:label="lab_us-gaap_DerivativeNameDomain_6D926B13FAF03281E8B0ACEEB386CAF4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative, Name [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DerivativeNameDomain" xlink:label="loc_us-gaap_DerivativeNameDomain_6D926B13FAF03281E8B0ACEEB386CAF4" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeNameDomain_6D926B13FAF03281E8B0ACEEB386CAF4" xlink:to="lab_us-gaap_DerivativeNameDomain_6D926B13FAF03281E8B0ACEEB386CAF4" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeInstrumentRiskAxis_2DD1C965784596BC322FAF70B3CFBB57_label_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentRiskAxis_2DD1C965784596BC322FAF70B3CFBB57" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Instrument Risk [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DerivativeInstrumentRiskAxis" xlink:label="loc_us-gaap_DerivativeInstrumentRiskAxis_2DD1C965784596BC322FAF70B3CFBB57" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeInstrumentRiskAxis_2DD1C965784596BC322FAF70B3CFBB57" xlink:to="lab_us-gaap_DerivativeInstrumentRiskAxis_2DD1C965784596BC322FAF70B3CFBB57" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeContractTypeDomain_8C38E48431E326B71CBFAF70B4A1ED40_label_en-US" xlink:label="lab_us-gaap_DerivativeContractTypeDomain_8C38E48431E326B71CBFAF70B4A1ED40" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Contract Type [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="loc_us-gaap_DerivativeContractTypeDomain_8C38E48431E326B71CBFAF70B4A1ED40" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeContractTypeDomain_8C38E48431E326B71CBFAF70B4A1ED40" xlink:to="lab_us-gaap_DerivativeContractTypeDomain_8C38E48431E326B71CBFAF70B4A1ED40" xlink:type="arc"/>
<link:label id="lab_bac_UnilateralDerivativeTerminationContractMember_61EC76AE42535C02450AAF710CA8FBD5_label_en-US" xlink:label="lab_bac_UnilateralDerivativeTerminationContractMember_61EC76AE42535C02450AAF710CA8FBD5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Unilateral Derivative Termination Contract [Member] </link:label>
<link:label id="lab_bac_UnilateralDerivativeTerminationContractMember_61EC76AE42535C02450AAF710CA8FBD5_documentation_en-US" xlink:label="lab_bac_UnilateralDerivativeTerminationContractMember_61EC76AE42535C02450AAF710CA8FBD5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Unilateral Derivative Termination Contract [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_UnilateralDerivativeTerminationContractMember" xlink:label="loc_bac_UnilateralDerivativeTerminationContractMember_61EC76AE42535C02450AAF710CA8FBD5" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_UnilateralDerivativeTerminationContractMember_61EC76AE42535C02450AAF710CA8FBD5" xlink:to="lab_bac_UnilateralDerivativeTerminationContractMember_61EC76AE42535C02450AAF710CA8FBD5" xlink:type="arc"/>
<link:label id="lab_bac_UnilateralDerivativeTerminationContractForRatingDowngradeOfLongTermSeniorDebtMember_EB40793208132873790D8643CAD631B6_terseLabel_en-US" xlink:label="lab_bac_UnilateralDerivativeTerminationContractForRatingDowngradeOfLongTermSeniorDebtMember_EB40793208132873790D8643CAD631B6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Unilateral Derivative Termination Contract For Rating Downgrade of Long-Term Senior Debt [Member] </link:label>
<link:label id="lab_bac_UnilateralDerivativeTerminationContractForRatingDowngradeOfLongTermSeniorDebtMember_EB40793208132873790D8643CAD631B6_label_en-US" xlink:label="lab_bac_UnilateralDerivativeTerminationContractForRatingDowngradeOfLongTermSeniorDebtMember_EB40793208132873790D8643CAD631B6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Unilateral Derivative Termination Contract For Rating Downgrade of Long-Term Senior Debt [Member] </link:label>
<link:label id="lab_bac_UnilateralDerivativeTerminationContractForRatingDowngradeOfLongTermSeniorDebtMember_EB40793208132873790D8643CAD631B6_documentation_en-US" xlink:label="lab_bac_UnilateralDerivativeTerminationContractForRatingDowngradeOfLongTermSeniorDebtMember_EB40793208132873790D8643CAD631B6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Unilateral Derivative Termination Contract For Rating Downgrade of Long-Term Senior Debt [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_UnilateralDerivativeTerminationContractForRatingDowngradeOfLongTermSeniorDebtMember" xlink:label="loc_bac_UnilateralDerivativeTerminationContractForRatingDowngradeOfLongTermSeniorDebtMember_EB40793208132873790D8643CAD631B6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_UnilateralDerivativeTerminationContractForRatingDowngradeOfLongTermSeniorDebtMember_EB40793208132873790D8643CAD631B6" xlink:to="lab_bac_UnilateralDerivativeTerminationContractForRatingDowngradeOfLongTermSeniorDebtMember_EB40793208132873790D8643CAD631B6" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeLineItems_24476EF1544EF486AC04ACEEB387D90D_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeLineItems_24476EF1544EF486AC04ACEEB387D90D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative [Line Items] </link:label>
<link:label id="lab_us-gaap_DerivativeLineItems_24476EF1544EF486AC04ACEEB387D90D_label_en-US" xlink:label="lab_us-gaap_DerivativeLineItems_24476EF1544EF486AC04ACEEB387D90D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="loc_us-gaap_DerivativeLineItems_24476EF1544EF486AC04ACEEB387D90D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeLineItems_24476EF1544EF486AC04ACEEB387D90D" xlink:to="lab_us-gaap_DerivativeLineItems_24476EF1544EF486AC04ACEEB387D90D" xlink:type="arc"/>
<link:label id="lab_bac_CollateralHeldCashAndSecurities_831F0BF741C6066C2A90ACEEF7D17F7E_terseLabel_en-US" xlink:label="lab_bac_CollateralHeldCashAndSecurities_831F0BF741C6066C2A90ACEEF7D17F7E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Collateral Held, Cash and Securities </link:label>
<link:label id="lab_bac_CollateralHeldCashAndSecurities_831F0BF741C6066C2A90ACEEF7D17F7E_label_en-US" xlink:label="lab_bac_CollateralHeldCashAndSecurities_831F0BF741C6066C2A90ACEEF7D17F7E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Collateral Held, Cash and Securities </link:label>
<link:label id="lab_bac_CollateralHeldCashAndSecurities_831F0BF741C6066C2A90ACEEF7D17F7E_documentation_en-US" xlink:label="lab_bac_CollateralHeldCashAndSecurities_831F0BF741C6066C2A90ACEEF7D17F7E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> The amount of cash and securities collateral received and posted related to derivative instruments under master netting agreements (ISDA). </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CollateralHeldCashAndSecurities" xlink:label="loc_bac_CollateralHeldCashAndSecurities_831F0BF741C6066C2A90ACEEF7D17F7E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CollateralHeldCashAndSecurities_831F0BF741C6066C2A90ACEEF7D17F7E" xlink:to="lab_bac_CollateralHeldCashAndSecurities_831F0BF741C6066C2A90ACEEF7D17F7E" xlink:type="arc"/>
<link:label id="lab_us-gaap_CollateralAlreadyPostedAggregateFairValue_EFFE79B37FDC3025284FACF21D1EE92A_terseLabel_en-US" xlink:label="lab_us-gaap_CollateralAlreadyPostedAggregateFairValue_EFFE79B37FDC3025284FACF21D1EE92A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Collateral Already Posted, Aggregate Fair Value </link:label>
<link:label id="lab_us-gaap_CollateralAlreadyPostedAggregateFairValue_EFFE79B37FDC3025284FACF21D1EE92A_label_en-US" xlink:label="lab_us-gaap_CollateralAlreadyPostedAggregateFairValue_EFFE79B37FDC3025284FACF21D1EE92A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Collateral Already Posted, Aggregate Fair Value </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CollateralAlreadyPostedAggregateFairValue" xlink:label="loc_us-gaap_CollateralAlreadyPostedAggregateFairValue_EFFE79B37FDC3025284FACF21D1EE92A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CollateralAlreadyPostedAggregateFairValue_EFFE79B37FDC3025284FACF21D1EE92A" xlink:to="lab_us-gaap_CollateralAlreadyPostedAggregateFairValue_EFFE79B37FDC3025284FACF21D1EE92A" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeFairValueGrossAmountNotOffsetAgainstCollateralNet_D4509C9BED47F3B8ABA1AF731CC254F2_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeFairValueGrossAmountNotOffsetAgainstCollateralNet_D4509C9BED47F3B8ABA1AF731CC254F2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative, Fair Value, Gross Amount Not Offset Against Collateral, Net </link:label>
<link:label id="lab_us-gaap_DerivativeFairValueGrossAmountNotOffsetAgainstCollateralNet_D4509C9BED47F3B8ABA1AF731CC254F2_label_en-US" xlink:label="lab_us-gaap_DerivativeFairValueGrossAmountNotOffsetAgainstCollateralNet_D4509C9BED47F3B8ABA1AF731CC254F2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative, Fair Value, Gross Amount Not Offset Against Collateral, Net </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DerivativeFairValueGrossAmountNotOffsetAgainstCollateralNet" xlink:label="loc_us-gaap_DerivativeFairValueGrossAmountNotOffsetAgainstCollateralNet_D4509C9BED47F3B8ABA1AF731CC254F2" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeFairValueGrossAmountNotOffsetAgainstCollateralNet_D4509C9BED47F3B8ABA1AF731CC254F2" xlink:to="lab_us-gaap_DerivativeFairValueGrossAmountNotOffsetAgainstCollateralNet_D4509C9BED47F3B8ABA1AF731CC254F2" xlink:type="arc"/>
<link:label id="lab_bac_ColateralNotYetPostedAggregateFairValue_908D0033BF623C44A86FACF52BF19219_terseLabel_en-US" xlink:label="lab_bac_ColateralNotYetPostedAggregateFairValue_908D0033BF623C44A86FACF52BF19219" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Colateral Not Yet Posted Aggregate Fair Value </link:label>
<link:label id="lab_bac_ColateralNotYetPostedAggregateFairValue_908D0033BF623C44A86FACF52BF19219_label_en-US" xlink:label="lab_bac_ColateralNotYetPostedAggregateFairValue_908D0033BF623C44A86FACF52BF19219" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Colateral Not Yet Posted Aggregate Fair Value </link:label>
<link:label id="lab_bac_ColateralNotYetPostedAggregateFairValue_908D0033BF623C44A86FACF52BF19219_documentation_en-US" xlink:label="lab_bac_ColateralNotYetPostedAggregateFairValue_908D0033BF623C44A86FACF52BF19219" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> The aggregate fair value of assets that are not yet posted, at the end of the reporting period, as collateral for derivative instruments with credit-risk-related contingent features. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ColateralNotYetPostedAggregateFairValue" xlink:label="loc_bac_ColateralNotYetPostedAggregateFairValue_908D0033BF623C44A86FACF52BF19219" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ColateralNotYetPostedAggregateFairValue_908D0033BF623C44A86FACF52BF19219" xlink:to="lab_bac_ColateralNotYetPostedAggregateFairValue_908D0033BF623C44A86FACF52BF19219" xlink:type="arc"/>
<link:label id="lab_bac_PotentialCollateralPostingRequirementDueToCreditRatingDowngrade_7674E5DD195E6B8A6074ACF5A5A49A33_terseLabel_en-US" xlink:label="lab_bac_PotentialCollateralPostingRequirementDueToCreditRatingDowngrade_7674E5DD195E6B8A6074ACF5A5A49A33" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Potential Collateral Posting Requirement Due To Credit Rating Downgrade </link:label>
<link:label id="lab_bac_PotentialCollateralPostingRequirementDueToCreditRatingDowngrade_7674E5DD195E6B8A6074ACF5A5A49A33_label_en-US" xlink:label="lab_bac_PotentialCollateralPostingRequirementDueToCreditRatingDowngrade_7674E5DD195E6B8A6074ACF5A5A49A33" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Potential Collateral Posting Requirement Due To Credit Rating Downgrade </link:label>
<link:label id="lab_bac_PotentialCollateralPostingRequirementDueToCreditRatingDowngrade_7674E5DD195E6B8A6074ACF5A5A49A33_documentation_en-US" xlink:label="lab_bac_PotentialCollateralPostingRequirementDueToCreditRatingDowngrade_7674E5DD195E6B8A6074ACF5A5A49A33" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Potential Collateral Posting Requirement Due To Credit Rating Downgrade </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PotentialCollateralPostingRequirementDueToCreditRatingDowngrade" xlink:label="loc_bac_PotentialCollateralPostingRequirementDueToCreditRatingDowngrade_7674E5DD195E6B8A6074ACF5A5A49A33" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral_32EE5E794C58E182249EAF6DB0C81E2B_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral_32EE5E794C58E182249EAF6DB0C81E2B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative Liability, Fair Value, Amount Offset Against Collateral </link:label>
<link:label id="lab_us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral_32EE5E794C58E182249EAF6DB0C81E2B_label_en-US" xlink:label="lab_us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral_32EE5E794C58E182249EAF6DB0C81E2B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Liability, Fair Value, Amount Offset Against Collateral </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral" xlink:label="loc_us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral_32EE5E794C58E182249EAF6DB0C81E2B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral_32EE5E794C58E182249EAF6DB0C81E2B" xlink:to="lab_us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral_32EE5E794C58E182249EAF6DB0C81E2B" xlink:type="arc"/>
<link:label id="lab_bac_DerivativeLiabilityIncrementalIncreaseFairValueAmountOffsetAgainstCollateral_A3BD3838DEC6FD65E91F8647CE5E6F81_terseLabel_en-US" xlink:label="lab_bac_DerivativeLiabilityIncrementalIncreaseFairValueAmountOffsetAgainstCollateral_A3BD3838DEC6FD65E91F8647CE5E6F81" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative Liability, Incremental Increase, Fair Value, Amount Offset Against Collateral </link:label>
<link:label id="lab_bac_DerivativeLiabilityIncrementalIncreaseFairValueAmountOffsetAgainstCollateral_A3BD3838DEC6FD65E91F8647CE5E6F81_label_en-US" xlink:label="lab_bac_DerivativeLiabilityIncrementalIncreaseFairValueAmountOffsetAgainstCollateral_A3BD3838DEC6FD65E91F8647CE5E6F81" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Liability, Incremental Increase, Fair Value, Amount Offset Against Collateral </link:label>
<link:label id="lab_bac_DerivativeLiabilityIncrementalIncreaseFairValueAmountOffsetAgainstCollateral_A3BD3838DEC6FD65E91F8647CE5E6F81_documentation_en-US" xlink:label="lab_bac_DerivativeLiabilityIncrementalIncreaseFairValueAmountOffsetAgainstCollateral_A3BD3838DEC6FD65E91F8647CE5E6F81" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Derivative Liability, Incremental Increase, Fair Value, Amount Offset Against Collateral </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_DerivativeLiabilityIncrementalIncreaseFairValueAmountOffsetAgainstCollateral" xlink:label="loc_bac_DerivativeLiabilityIncrementalIncreaseFairValueAmountOffsetAgainstCollateral_A3BD3838DEC6FD65E91F8647CE5E6F81" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_DerivativeLiabilityIncrementalIncreaseFairValueAmountOffsetAgainstCollateral_A3BD3838DEC6FD65E91F8647CE5E6F81" xlink:to="lab_bac_DerivativeLiabilityIncrementalIncreaseFairValueAmountOffsetAgainstCollateral_A3BD3838DEC6FD65E91F8647CE5E6F81" xlink:type="arc"/>
<link:label id="lab_us-gaap_AdditionalCollateralAggregateFairValue_D10A665C4DA8B0181BC5AFB727F00792_terseLabel_en-US" xlink:label="lab_us-gaap_AdditionalCollateralAggregateFairValue_D10A665C4DA8B0181BC5AFB727F00792" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Additional Collateral, Aggregate Fair Value </link:label>
<link:label id="lab_us-gaap_AdditionalCollateralAggregateFairValue_D10A665C4DA8B0181BC5AFB727F00792_label_en-US" xlink:label="lab_us-gaap_AdditionalCollateralAggregateFairValue_D10A665C4DA8B0181BC5AFB727F00792" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Additional Collateral, Aggregate Fair Value </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AdditionalCollateralAggregateFairValue" xlink:label="loc_us-gaap_AdditionalCollateralAggregateFairValue_D10A665C4DA8B0181BC5AFB727F00792" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AdditionalCollateralAggregateFairValue_D10A665C4DA8B0181BC5AFB727F00792" xlink:to="lab_us-gaap_AdditionalCollateralAggregateFairValue_D10A665C4DA8B0181BC5AFB727F00792" xlink:type="arc"/>
<link:label id="lab_us-gaap_GuaranteesAbstract_0C1283CE0786A43C4236D058CC67B192_label_en-US" xlink:label="lab_us-gaap_GuaranteesAbstract_0C1283CE0786A43C4236D058CC67B192" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Guarantees [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_GuaranteesAbstract" xlink:label="loc_us-gaap_GuaranteesAbstract_0C1283CE0786A43C4236D058CC67B192" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GuaranteesAbstract_0C1283CE0786A43C4236D058CC67B192" xlink:to="lab_us-gaap_GuaranteesAbstract_0C1283CE0786A43C4236D058CC67B192" xlink:type="arc"/>
<link:label id="lab_us-gaap_ScheduleOfGuaranteeObligationsTable_C42F0DBCB50A96E7CFBFD058CDAB9F87_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfGuaranteeObligationsTable_C42F0DBCB50A96E7CFBFD058CDAB9F87" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Guarantor Obligations [Table] </link:label>
<link:label id="lab_us-gaap_ScheduleOfGuaranteeObligationsTable_C42F0DBCB50A96E7CFBFD058CDAB9F87_label_en-US" xlink:label="lab_us-gaap_ScheduleOfGuaranteeObligationsTable_C42F0DBCB50A96E7CFBFD058CDAB9F87" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Guarantor Obligations [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ScheduleOfGuaranteeObligationsTable" xlink:label="loc_us-gaap_ScheduleOfGuaranteeObligationsTable_C42F0DBCB50A96E7CFBFD058CDAB9F87" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfGuaranteeObligationsTable_C42F0DBCB50A96E7CFBFD058CDAB9F87" xlink:to="lab_us-gaap_ScheduleOfGuaranteeObligationsTable_C42F0DBCB50A96E7CFBFD058CDAB9F87" xlink:type="arc"/>
<link:label id="lab_us-gaap_LossContingenciesByNatureOfContingencyAxis_822127A6CDFF3CFFAB9AD36DEB2939BD_label_en-US" xlink:label="lab_us-gaap_LossContingenciesByNatureOfContingencyAxis_822127A6CDFF3CFFAB9AD36DEB2939BD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loss Contingencies by Nature of Contingency [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LossContingenciesByNatureOfContingencyAxis" xlink:label="loc_us-gaap_LossContingenciesByNatureOfContingencyAxis_822127A6CDFF3CFFAB9AD36DEB2939BD" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LossContingenciesByNatureOfContingencyAxis_822127A6CDFF3CFFAB9AD36DEB2939BD" xlink:to="lab_us-gaap_LossContingenciesByNatureOfContingencyAxis_822127A6CDFF3CFFAB9AD36DEB2939BD" xlink:type="arc"/>
<link:label id="lab_us-gaap_LossContingencyNatureDomain_F5F3A9C7494CE5577FB2D36E54D50A97_label_en-US" xlink:label="lab_us-gaap_LossContingencyNatureDomain_F5F3A9C7494CE5577FB2D36E54D50A97" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loss Contingency, Nature [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LossContingencyNatureDomain" xlink:label="loc_us-gaap_LossContingencyNatureDomain_F5F3A9C7494CE5577FB2D36E54D50A97" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LossContingencyNatureDomain_F5F3A9C7494CE5577FB2D36E54D50A97" xlink:to="lab_us-gaap_LossContingencyNatureDomain_F5F3A9C7494CE5577FB2D36E54D50A97" xlink:type="arc"/>
<link:label id="lab_us-gaap_ObligationToRepurchaseReceivablesSoldMember_73307695EC1D7B041A91D072E7E09E2C_label_en-US" xlink:label="lab_us-gaap_ObligationToRepurchaseReceivablesSoldMember_73307695EC1D7B041A91D072E7E09E2C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Obligation to Repurchase Receivables Sold [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ObligationToRepurchaseReceivablesSoldMember" xlink:label="loc_us-gaap_ObligationToRepurchaseReceivablesSoldMember_73307695EC1D7B041A91D072E7E09E2C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ObligationToRepurchaseReceivablesSoldMember_73307695EC1D7B041A91D072E7E09E2C" xlink:to="lab_us-gaap_ObligationToRepurchaseReceivablesSoldMember_73307695EC1D7B041A91D072E7E09E2C" xlink:type="arc"/>
<link:label id="lab_us-gaap_IndemnificationGuaranteeMember_DD6D48100E6D245CA245D0693D55E6D0_label_en-US" xlink:label="lab_us-gaap_IndemnificationGuaranteeMember_DD6D48100E6D245CA245D0693D55E6D0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Indemnification Agreement [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_IndemnificationGuaranteeMember" xlink:label="loc_us-gaap_IndemnificationGuaranteeMember_DD6D48100E6D245CA245D0693D55E6D0" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IndemnificationGuaranteeMember_DD6D48100E6D245CA245D0693D55E6D0" xlink:to="lab_us-gaap_IndemnificationGuaranteeMember_DD6D48100E6D245CA245D0693D55E6D0" xlink:type="arc"/>
<link:label id="lab_us-gaap_GuarantorObligationsByUnderlyingAssetClassAxis_5603467AA15165A9511FD058CDAB6307_terseLabel_en-US" xlink:label="lab_us-gaap_GuarantorObligationsByUnderlyingAssetClassAxis_5603467AA15165A9511FD058CDAB6307" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Guarantor Obligations by Underlying Asset Class [Axis] </link:label>
<link:label id="lab_us-gaap_GuarantorObligationsByUnderlyingAssetClassAxis_5603467AA15165A9511FD058CDAB6307_label_en-US" xlink:label="lab_us-gaap_GuarantorObligationsByUnderlyingAssetClassAxis_5603467AA15165A9511FD058CDAB6307" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Guarantor Obligations by Underlying Asset Class [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_GuarantorObligationsByUnderlyingAssetClassAxis" xlink:label="loc_us-gaap_GuarantorObligationsByUnderlyingAssetClassAxis_5603467AA15165A9511FD058CDAB6307" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GuarantorObligationsByUnderlyingAssetClassAxis_5603467AA15165A9511FD058CDAB6307" xlink:to="lab_us-gaap_GuarantorObligationsByUnderlyingAssetClassAxis_5603467AA15165A9511FD058CDAB6307" xlink:type="arc"/>
<link:label id="lab_us-gaap_UnderlyingAssetClassDomain_EBC908E69D5F764CEFE1D058CDAB0FEB_terseLabel_en-US" xlink:label="lab_us-gaap_UnderlyingAssetClassDomain_EBC908E69D5F764CEFE1D058CDAB0FEB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Underlying Asset Class [Domain] </link:label>
<link:label id="lab_us-gaap_UnderlyingAssetClassDomain_EBC908E69D5F764CEFE1D058CDAB0FEB_label_en-US" xlink:label="lab_us-gaap_UnderlyingAssetClassDomain_EBC908E69D5F764CEFE1D058CDAB0FEB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Underlying Asset Class [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="loc_us-gaap_UnderlyingAssetClassDomain_EBC908E69D5F764CEFE1D058CDAB0FEB" xlink:type="locator"/>
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<link:label id="lab_us-gaap_GuaranteeObligationsLineItems_EAD958CF17478F8919D1D058CDACA83E_terseLabel_en-US" xlink:label="lab_us-gaap_GuaranteeObligationsLineItems_EAD958CF17478F8919D1D058CDACA83E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Guarantor Obligations [Line Items] </link:label>
<link:label id="lab_us-gaap_GuaranteeObligationsLineItems_EAD958CF17478F8919D1D058CDACA83E_label_en-US" xlink:label="lab_us-gaap_GuaranteeObligationsLineItems_EAD958CF17478F8919D1D058CDACA83E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Guarantor Obligations [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="loc_us-gaap_GuaranteeObligationsLineItems_EAD958CF17478F8919D1D058CDACA83E" xlink:type="locator"/>
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<link:label id="lab_bac_UnpaidPrincipalBalanceOfLoanGuaranteesSatisfied_4EA74F858DE55610342C9A05FCA648DE_terseLabel_en-US" xlink:label="lab_bac_UnpaidPrincipalBalanceOfLoanGuaranteesSatisfied_4EA74F858DE55610342C9A05FCA648DE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Unpaid Principal Balance </link:label>
<link:label id="lab_bac_UnpaidPrincipalBalanceOfLoanGuaranteesSatisfied_4EA74F858DE55610342C9A05FCA648DE_label_en-US" xlink:label="lab_bac_UnpaidPrincipalBalanceOfLoanGuaranteesSatisfied_4EA74F858DE55610342C9A05FCA648DE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Unpaid Principal Balance Of Loan Guarantees Satisfied </link:label>
<link:label id="lab_bac_UnpaidPrincipalBalanceOfLoanGuaranteesSatisfied_4EA74F858DE55610342C9A05FCA648DE_documentation_en-US" xlink:label="lab_bac_UnpaidPrincipalBalanceOfLoanGuaranteesSatisfied_4EA74F858DE55610342C9A05FCA648DE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents the unpaid principal balance of loan guarantees satisfied (i.e., for which the reporting entity repurchased and paid indemnification claims for during the period). </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_UnpaidPrincipalBalanceOfLoanGuaranteesSatisfied" xlink:label="loc_bac_UnpaidPrincipalBalanceOfLoanGuaranteesSatisfied_4EA74F858DE55610342C9A05FCA648DE" xlink:type="locator"/>
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<link:label id="lab_bac_PaymentsForLoanGuarantees_8CA77D8AE68BDB0056B39A069AD9D7EE_terseLabel_en-US" xlink:label="lab_bac_PaymentsForLoanGuarantees_8CA77D8AE68BDB0056B39A069AD9D7EE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Cash Paid for Repurchases </link:label>
<link:label id="lab_bac_PaymentsForLoanGuarantees_8CA77D8AE68BDB0056B39A069AD9D7EE_label_en-US" xlink:label="lab_bac_PaymentsForLoanGuarantees_8CA77D8AE68BDB0056B39A069AD9D7EE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Payments For Loan Guarantees </link:label>
<link:label id="lab_bac_PaymentsForLoanGuarantees_8CA77D8AE68BDB0056B39A069AD9D7EE_documentation_en-US" xlink:label="lab_bac_PaymentsForLoanGuarantees_8CA77D8AE68BDB0056B39A069AD9D7EE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents the total cash amount paid to satisfy loan guarantees (i.e., resolve repurchase and indemnification claims through payment). </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PaymentsForLoanGuarantees" xlink:label="loc_bac_PaymentsForLoanGuarantees_8CA77D8AE68BDB0056B39A069AD9D7EE" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_PaymentsForLoanGuarantees_8CA77D8AE68BDB0056B39A069AD9D7EE" xlink:to="lab_bac_PaymentsForLoanGuarantees_8CA77D8AE68BDB0056B39A069AD9D7EE" xlink:type="arc"/>
<link:label id="lab_bac_LossOnLoanGuarantees_AEB0F3D368787CE2C3AB9A074FA0875C_terseLabel_en-US" xlink:label="lab_bac_LossOnLoanGuarantees_AEB0F3D368787CE2C3AB9A074FA0875C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loss </link:label>
<link:label id="lab_bac_LossOnLoanGuarantees_AEB0F3D368787CE2C3AB9A074FA0875C_label_en-US" xlink:label="lab_bac_LossOnLoanGuarantees_AEB0F3D368787CE2C3AB9A074FA0875C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loss On Loan Guarantees </link:label>
<link:label id="lab_bac_LossOnLoanGuarantees_AEB0F3D368787CE2C3AB9A074FA0875C_documentation_en-US" xlink:label="lab_bac_LossOnLoanGuarantees_AEB0F3D368787CE2C3AB9A074FA0875C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents the total loss recognized on satisfaction of loan guarantees. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_LossOnLoanGuarantees" xlink:label="loc_bac_LossOnLoanGuarantees_AEB0F3D368787CE2C3AB9A074FA0875C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_LossOnLoanGuarantees_AEB0F3D368787CE2C3AB9A074FA0875C" xlink:to="lab_bac_LossOnLoanGuarantees_AEB0F3D368787CE2C3AB9A074FA0875C" xlink:type="arc"/>
<link:label id="lab_bac_ShareholdersEquityAbstract_5FB1B06A8F32FC14E490F2A933707040_label_en-US" xlink:label="lab_bac_ShareholdersEquityAbstract_5FB1B06A8F32FC14E490F2A933707040" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Shareholders Equity [Abstract] </link:label>
<link:label id="lab_bac_ShareholdersEquityAbstract_5FB1B06A8F32FC14E490F2A933707040_documentation_en-US" xlink:label="lab_bac_ShareholdersEquityAbstract_5FB1B06A8F32FC14E490F2A933707040" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Shareholders Equity [Abstract] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ShareholdersEquityAbstract" xlink:label="loc_bac_ShareholdersEquityAbstract_5FB1B06A8F32FC14E490F2A933707040" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ShareholdersEquityAbstract_5FB1B06A8F32FC14E490F2A933707040" xlink:to="lab_bac_ShareholdersEquityAbstract_5FB1B06A8F32FC14E490F2A933707040" xlink:type="arc"/>
<link:label id="lab_bac_PreferredStockExchangesTable_56988209D393C817C883F61B54F0877D_terseLabel_en-US" xlink:label="lab_bac_PreferredStockExchangesTable_56988209D393C817C883F61B54F0877D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Preferred Stock Exchanges [Table] </link:label>
<link:label id="lab_bac_PreferredStockExchangesTable_56988209D393C817C883F61B54F0877D_label_en-US" xlink:label="lab_bac_PreferredStockExchangesTable_56988209D393C817C883F61B54F0877D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Preferred Stock Exchanges [Table] </link:label>
<link:label id="lab_bac_PreferredStockExchangesTable_56988209D393C817C883F61B54F0877D_documentation_en-US" xlink:label="lab_bac_PreferredStockExchangesTable_56988209D393C817C883F61B54F0877D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Preferred Stock Exchanges [Table] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PreferredStockExchangesTable" xlink:label="loc_bac_PreferredStockExchangesTable_56988209D393C817C883F61B54F0877D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_PreferredStockExchangesTable_56988209D393C817C883F61B54F0877D" xlink:to="lab_bac_PreferredStockExchangesTable_56988209D393C817C883F61B54F0877D" xlink:type="arc"/>
<link:label id="lab_bac_InterestRateOptionAxis_47E096184FC9EAB4ACADF70087CBB677_label_en-US" xlink:label="lab_bac_InterestRateOptionAxis_47E096184FC9EAB4ACADF70087CBB677" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Rate Option [Axis] </link:label>
<link:label id="lab_bac_InterestRateOptionAxis_47E096184FC9EAB4ACADF70087CBB677_documentation_en-US" xlink:label="lab_bac_InterestRateOptionAxis_47E096184FC9EAB4ACADF70087CBB677" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> The Interest Rate Option contains multiple interest components where the variable interest rate is defined by the higher of the different options under the agreement. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_InterestRateOptionAxis" xlink:label="loc_bac_InterestRateOptionAxis_47E096184FC9EAB4ACADF70087CBB677" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_InterestRateOptionAxis_47E096184FC9EAB4ACADF70087CBB677" xlink:to="lab_bac_InterestRateOptionAxis_47E096184FC9EAB4ACADF70087CBB677" xlink:type="arc"/>
<link:label id="lab_bac_InterestRateOptionDomain_739A8FA8531A68574387F9477864171C_label_en-US" xlink:label="lab_bac_InterestRateOptionDomain_739A8FA8531A68574387F9477864171C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Rate Option [Domain] </link:label>
<link:label id="lab_bac_InterestRateOptionDomain_739A8FA8531A68574387F9477864171C_documentation_en-US" xlink:label="lab_bac_InterestRateOptionDomain_739A8FA8531A68574387F9477864171C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Interest Rate Option [Domain] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_InterestRateOptionDomain" xlink:label="loc_bac_InterestRateOptionDomain_739A8FA8531A68574387F9477864171C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_InterestRateOptionDomain_739A8FA8531A68574387F9477864171C" xlink:to="lab_bac_InterestRateOptionDomain_739A8FA8531A68574387F9477864171C" xlink:type="arc"/>
<link:label id="lab_bac_OptionOneMember_EB36BF790531C36C6479F701D915B421_label_en-US" xlink:label="lab_bac_OptionOneMember_EB36BF790531C36C6479F701D915B421" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Option One [Member] </link:label>
<link:label id="lab_bac_OptionOneMember_EB36BF790531C36C6479F701D915B421_documentation_en-US" xlink:label="lab_bac_OptionOneMember_EB36BF790531C36C6479F701D915B421" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Option One [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_OptionOneMember" xlink:label="loc_bac_OptionOneMember_EB36BF790531C36C6479F701D915B421" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_OptionOneMember_EB36BF790531C36C6479F701D915B421" xlink:to="lab_bac_OptionOneMember_EB36BF790531C36C6479F701D915B421" xlink:type="arc"/>
<link:label id="lab_bac_OptionTwoMember_B40843EE54A99142851FF7008829EB18_label_en-US" xlink:label="lab_bac_OptionTwoMember_B40843EE54A99142851FF7008829EB18" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Option Two [Member] </link:label>
<link:label id="lab_bac_OptionTwoMember_B40843EE54A99142851FF7008829EB18_documentation_en-US" xlink:label="lab_bac_OptionTwoMember_B40843EE54A99142851FF7008829EB18" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Option Two [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_OptionTwoMember" xlink:label="loc_bac_OptionTwoMember_B40843EE54A99142851FF7008829EB18" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_OptionTwoMember_B40843EE54A99142851FF7008829EB18" xlink:to="lab_bac_OptionTwoMember_B40843EE54A99142851FF7008829EB18" xlink:type="arc"/>
<link:label id="lab_bac_ThroughJanuary292018Member_5DB16F11CCC7FBA6227CA4F068DDE622_terseLabel_en-US" xlink:label="lab_bac_ThroughJanuary292018Member_5DB16F11CCC7FBA6227CA4F068DDE622" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Through January 29, 2018 [Member] </link:label>
<link:label id="lab_bac_ThroughJanuary292018Member_5DB16F11CCC7FBA6227CA4F068DDE622_label_en-US" xlink:label="lab_bac_ThroughJanuary292018Member_5DB16F11CCC7FBA6227CA4F068DDE622" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Through January 29, 2018 [Member] </link:label>
<link:label id="lab_bac_ThroughJanuary292018Member_5DB16F11CCC7FBA6227CA4F068DDE622_documentation_en-US" xlink:label="lab_bac_ThroughJanuary292018Member_5DB16F11CCC7FBA6227CA4F068DDE622" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Through January 29, 2018 [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ThroughJanuary292018Member" xlink:label="loc_bac_ThroughJanuary292018Member_5DB16F11CCC7FBA6227CA4F068DDE622" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ThroughJanuary292018Member_5DB16F11CCC7FBA6227CA4F068DDE622" xlink:to="lab_bac_ThroughJanuary292018Member_5DB16F11CCC7FBA6227CA4F068DDE622" xlink:type="arc"/>
<link:label id="lab_bac_ThroughMay142018Member_ECDED12A172AD67344D9A4F0DD607AAB_terseLabel_en-US" xlink:label="lab_bac_ThroughMay142018Member_ECDED12A172AD67344D9A4F0DD607AAB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Through May 14, 2018 [Member] </link:label>
<link:label id="lab_bac_ThroughMay142018Member_ECDED12A172AD67344D9A4F0DD607AAB_label_en-US" xlink:label="lab_bac_ThroughMay142018Member_ECDED12A172AD67344D9A4F0DD607AAB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Through May 14, 2018 [Member] </link:label>
<link:label id="lab_bac_ThroughMay142018Member_ECDED12A172AD67344D9A4F0DD607AAB_documentation_en-US" xlink:label="lab_bac_ThroughMay142018Member_ECDED12A172AD67344D9A4F0DD607AAB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Through May 14, 2018 [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ThroughMay142018Member" xlink:label="loc_bac_ThroughMay142018Member_ECDED12A172AD67344D9A4F0DD607AAB" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ThroughMay142018Member_ECDED12A172AD67344D9A4F0DD607AAB" xlink:to="lab_bac_ThroughMay142018Member_ECDED12A172AD67344D9A4F0DD607AAB" xlink:type="arc"/>
<link:label id="lab_us-gaap_SeriesBPreferredStockMember_827FA7EA108EDF0FFF56F61F3EE84669_label_en-US" xlink:label="lab_us-gaap_SeriesBPreferredStockMember_827FA7EA108EDF0FFF56F61F3EE84669" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Series B Preferred Stock [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_SeriesBPreferredStockMember" xlink:label="loc_us-gaap_SeriesBPreferredStockMember_827FA7EA108EDF0FFF56F61F3EE84669" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SeriesBPreferredStockMember_827FA7EA108EDF0FFF56F61F3EE84669" xlink:to="lab_us-gaap_SeriesBPreferredStockMember_827FA7EA108EDF0FFF56F61F3EE84669" xlink:type="arc"/>
<link:label id="lab_us-gaap_SeriesDPreferredStockMember_28D42F14892F81AEC846F627AD2F7E07_label_en-US" xlink:label="lab_us-gaap_SeriesDPreferredStockMember_28D42F14892F81AEC846F627AD2F7E07" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Series D Preferred Stock [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_SeriesDPreferredStockMember" xlink:label="loc_us-gaap_SeriesDPreferredStockMember_28D42F14892F81AEC846F627AD2F7E07" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SeriesDPreferredStockMember_28D42F14892F81AEC846F627AD2F7E07" xlink:to="lab_us-gaap_SeriesDPreferredStockMember_28D42F14892F81AEC846F627AD2F7E07" xlink:type="arc"/>
<link:label id="lab_us-gaap_SeriesEPreferredStockMember_20D7E98719A686C361DDF62891D4CF26_label_en-US" xlink:label="lab_us-gaap_SeriesEPreferredStockMember_20D7E98719A686C361DDF62891D4CF26" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Series E Preferred Stock [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_SeriesEPreferredStockMember" xlink:label="loc_us-gaap_SeriesEPreferredStockMember_20D7E98719A686C361DDF62891D4CF26" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SeriesEPreferredStockMember_20D7E98719A686C361DDF62891D4CF26" xlink:to="lab_us-gaap_SeriesEPreferredStockMember_20D7E98719A686C361DDF62891D4CF26" xlink:type="arc"/>
<link:label id="lab_us-gaap_SeriesHPreferredStockMember_AABF90EFBA1F22439961F62F52B386FD_label_en-US" xlink:label="lab_us-gaap_SeriesHPreferredStockMember_AABF90EFBA1F22439961F62F52B386FD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Series H Preferred Stock [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_SeriesHPreferredStockMember" xlink:label="loc_us-gaap_SeriesHPreferredStockMember_AABF90EFBA1F22439961F62F52B386FD" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SeriesHPreferredStockMember_AABF90EFBA1F22439961F62F52B386FD" xlink:to="lab_us-gaap_SeriesHPreferredStockMember_AABF90EFBA1F22439961F62F52B386FD" xlink:type="arc"/>
<link:label id="lab_bac_SeriesIPreferredStockMember_81CA354AA5849D14664FF6316A67AA13_label_en-US" xlink:label="lab_bac_SeriesIPreferredStockMember_81CA354AA5849D14664FF6316A67AA13" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Series I Preferred Stock [Member] </link:label>
<link:label id="lab_bac_SeriesIPreferredStockMember_81CA354AA5849D14664FF6316A67AA13_documentation_en-US" xlink:label="lab_bac_SeriesIPreferredStockMember_81CA354AA5849D14664FF6316A67AA13" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Series I Preferred Stock Member. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_SeriesIPreferredStockMember" xlink:label="loc_bac_SeriesIPreferredStockMember_81CA354AA5849D14664FF6316A67AA13" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_SeriesIPreferredStockMember_81CA354AA5849D14664FF6316A67AA13" xlink:to="lab_bac_SeriesIPreferredStockMember_81CA354AA5849D14664FF6316A67AA13" xlink:type="arc"/>
<link:label id="lab_bac_SeriesJPreferredStockMember_2A05D2D7AFA9E263614DF633811BF903_label_en-US" xlink:label="lab_bac_SeriesJPreferredStockMember_2A05D2D7AFA9E263614DF633811BF903" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Series J Preferred Stock [Member] </link:label>
<link:label id="lab_bac_SeriesJPreferredStockMember_2A05D2D7AFA9E263614DF633811BF903_documentation_en-US" xlink:label="lab_bac_SeriesJPreferredStockMember_2A05D2D7AFA9E263614DF633811BF903" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Series J Preferred Stock member. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_SeriesJPreferredStockMember" xlink:label="loc_bac_SeriesJPreferredStockMember_2A05D2D7AFA9E263614DF633811BF903" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_SeriesJPreferredStockMember_2A05D2D7AFA9E263614DF633811BF903" xlink:to="lab_bac_SeriesJPreferredStockMember_2A05D2D7AFA9E263614DF633811BF903" xlink:type="arc"/>
<link:label id="lab_bac_SeriesKPreferredStockMember_11BBDC1E7EE994EEC8DCF634EA222774_label_en-US" xlink:label="lab_bac_SeriesKPreferredStockMember_11BBDC1E7EE994EEC8DCF634EA222774" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Series K Preferred Stock [Member] </link:label>
<link:label id="lab_bac_SeriesKPreferredStockMember_11BBDC1E7EE994EEC8DCF634EA222774_documentation_en-US" xlink:label="lab_bac_SeriesKPreferredStockMember_11BBDC1E7EE994EEC8DCF634EA222774" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Series K Preferred Stock member. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_SeriesKPreferredStockMember" xlink:label="loc_bac_SeriesKPreferredStockMember_11BBDC1E7EE994EEC8DCF634EA222774" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_SeriesKPreferredStockMember_11BBDC1E7EE994EEC8DCF634EA222774" xlink:to="lab_bac_SeriesKPreferredStockMember_11BBDC1E7EE994EEC8DCF634EA222774" xlink:type="arc"/>
<link:label id="lab_bac_SeriesMPreferredStockMember_AF85AA5271954D99A91DF636D357A319_label_en-US" xlink:label="lab_bac_SeriesMPreferredStockMember_AF85AA5271954D99A91DF636D357A319" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Series M Preferred Stock [Member] </link:label>
<link:label id="lab_bac_SeriesMPreferredStockMember_AF85AA5271954D99A91DF636D357A319_documentation_en-US" xlink:label="lab_bac_SeriesMPreferredStockMember_AF85AA5271954D99A91DF636D357A319" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Series M Preferred Stock member. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_SeriesMPreferredStockMember" xlink:label="loc_bac_SeriesMPreferredStockMember_AF85AA5271954D99A91DF636D357A319" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_SeriesMPreferredStockMember_AF85AA5271954D99A91DF636D357A319" xlink:to="lab_bac_SeriesMPreferredStockMember_AF85AA5271954D99A91DF636D357A319" xlink:type="arc"/>
<link:label id="lab_bac_Series1PreferredStockMember_5797D15F3ABB00C3F7AFF63F8D3A389E_label_en-US" xlink:label="lab_bac_Series1PreferredStockMember_5797D15F3ABB00C3F7AFF63F8D3A389E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Series 1 Preferred Stock [Member] </link:label>
<link:label id="lab_bac_Series1PreferredStockMember_5797D15F3ABB00C3F7AFF63F8D3A389E_documentation_en-US" xlink:label="lab_bac_Series1PreferredStockMember_5797D15F3ABB00C3F7AFF63F8D3A389E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Series One Preferred Stock member. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_Series1PreferredStockMember" xlink:label="loc_bac_Series1PreferredStockMember_5797D15F3ABB00C3F7AFF63F8D3A389E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_Series1PreferredStockMember_5797D15F3ABB00C3F7AFF63F8D3A389E" xlink:to="lab_bac_Series1PreferredStockMember_5797D15F3ABB00C3F7AFF63F8D3A389E" xlink:type="arc"/>
<link:label id="lab_bac_Series2PreferredStockMember_FE8530E8C04F74AA9C95F64091AC1035_label_en-US" xlink:label="lab_bac_Series2PreferredStockMember_FE8530E8C04F74AA9C95F64091AC1035" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Series 2 Preferred Stock [Member] </link:label>
<link:label id="lab_bac_Series2PreferredStockMember_FE8530E8C04F74AA9C95F64091AC1035_documentation_en-US" xlink:label="lab_bac_Series2PreferredStockMember_FE8530E8C04F74AA9C95F64091AC1035" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Series Two Preferred Stock member. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_Series2PreferredStockMember" xlink:label="loc_bac_Series2PreferredStockMember_FE8530E8C04F74AA9C95F64091AC1035" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_Series2PreferredStockMember_FE8530E8C04F74AA9C95F64091AC1035" xlink:to="lab_bac_Series2PreferredStockMember_FE8530E8C04F74AA9C95F64091AC1035" xlink:type="arc"/>
<link:label id="lab_bac_Series3PreferredStockMember_4B98FF91004A6387BC36F64211B02BDF_label_en-US" xlink:label="lab_bac_Series3PreferredStockMember_4B98FF91004A6387BC36F64211B02BDF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Series 3 Preferred Stock [Member] </link:label>
<link:label id="lab_bac_Series3PreferredStockMember_4B98FF91004A6387BC36F64211B02BDF_documentation_en-US" xlink:label="lab_bac_Series3PreferredStockMember_4B98FF91004A6387BC36F64211B02BDF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Series Three Preferred Stock member. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_Series3PreferredStockMember" xlink:label="loc_bac_Series3PreferredStockMember_4B98FF91004A6387BC36F64211B02BDF" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_Series3PreferredStockMember_4B98FF91004A6387BC36F64211B02BDF" xlink:to="lab_bac_Series3PreferredStockMember_4B98FF91004A6387BC36F64211B02BDF" xlink:type="arc"/>
<link:label id="lab_bac_Series4PreferredStockMember_5711572EBC53AC30AF7BF642F7B7FD6C_label_en-US" xlink:label="lab_bac_Series4PreferredStockMember_5711572EBC53AC30AF7BF642F7B7FD6C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Series 4 Preferred Stock [Member] </link:label>
<link:label id="lab_bac_Series4PreferredStockMember_5711572EBC53AC30AF7BF642F7B7FD6C_documentation_en-US" xlink:label="lab_bac_Series4PreferredStockMember_5711572EBC53AC30AF7BF642F7B7FD6C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Series Four Preferred Stock member. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_Series4PreferredStockMember" xlink:label="loc_bac_Series4PreferredStockMember_5711572EBC53AC30AF7BF642F7B7FD6C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_Series4PreferredStockMember_5711572EBC53AC30AF7BF642F7B7FD6C" xlink:to="lab_bac_Series4PreferredStockMember_5711572EBC53AC30AF7BF642F7B7FD6C" xlink:type="arc"/>
<link:label id="lab_bac_Series5PreferredStockMember_87AD18ACB925462C0AFBF643ED142041_label_en-US" xlink:label="lab_bac_Series5PreferredStockMember_87AD18ACB925462C0AFBF643ED142041" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Series 5 Preferred Stock [Member] </link:label>
<link:label id="lab_bac_Series5PreferredStockMember_87AD18ACB925462C0AFBF643ED142041_documentation_en-US" xlink:label="lab_bac_Series5PreferredStockMember_87AD18ACB925462C0AFBF643ED142041" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Series Five Preferred Stock member. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_Series5PreferredStockMember" xlink:label="loc_bac_Series5PreferredStockMember_87AD18ACB925462C0AFBF643ED142041" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_Series5PreferredStockMember_87AD18ACB925462C0AFBF643ED142041" xlink:to="lab_bac_Series5PreferredStockMember_87AD18ACB925462C0AFBF643ED142041" xlink:type="arc"/>
<link:label id="lab_bac_Series6PreferredStockMember_E4FF41E6CAF898C58C79F644D3779CC5_label_en-US" xlink:label="lab_bac_Series6PreferredStockMember_E4FF41E6CAF898C58C79F644D3779CC5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Series 6 Preferred Stock [Member] </link:label>
<link:label id="lab_bac_Series6PreferredStockMember_E4FF41E6CAF898C58C79F644D3779CC5_documentation_en-US" xlink:label="lab_bac_Series6PreferredStockMember_E4FF41E6CAF898C58C79F644D3779CC5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Series 6 Preferred Stock member. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_Series6PreferredStockMember" xlink:label="loc_bac_Series6PreferredStockMember_E4FF41E6CAF898C58C79F644D3779CC5" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_Series6PreferredStockMember_E4FF41E6CAF898C58C79F644D3779CC5" xlink:to="lab_bac_Series6PreferredStockMember_E4FF41E6CAF898C58C79F644D3779CC5" xlink:type="arc"/>
<link:label id="lab_bac_Series7PreferredStockMember_7735E0A80B04F8397C90F6459C5E169E_label_en-US" xlink:label="lab_bac_Series7PreferredStockMember_7735E0A80B04F8397C90F6459C5E169E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Series 7 Preferred Stock [Member] </link:label>
<link:label id="lab_bac_Series7PreferredStockMember_7735E0A80B04F8397C90F6459C5E169E_documentation_en-US" xlink:label="lab_bac_Series7PreferredStockMember_7735E0A80B04F8397C90F6459C5E169E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Series Seven Preferred Stock member. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_Series7PreferredStockMember" xlink:label="loc_bac_Series7PreferredStockMember_7735E0A80B04F8397C90F6459C5E169E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_Series7PreferredStockMember_7735E0A80B04F8397C90F6459C5E169E" xlink:to="lab_bac_Series7PreferredStockMember_7735E0A80B04F8397C90F6459C5E169E" xlink:type="arc"/>
<link:label id="lab_bac_Series8PreferredStockMember_F2E3A5A42BEF8D661FE9F6469281628B_label_en-US" xlink:label="lab_bac_Series8PreferredStockMember_F2E3A5A42BEF8D661FE9F6469281628B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Series 8 Preferred Stock [Member] </link:label>
<link:label id="lab_bac_Series8PreferredStockMember_F2E3A5A42BEF8D661FE9F6469281628B_documentation_en-US" xlink:label="lab_bac_Series8PreferredStockMember_F2E3A5A42BEF8D661FE9F6469281628B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Series Eight Preferred Stock member. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_Series8PreferredStockMember" xlink:label="loc_bac_Series8PreferredStockMember_F2E3A5A42BEF8D661FE9F6469281628B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_Series8PreferredStockMember_F2E3A5A42BEF8D661FE9F6469281628B" xlink:to="lab_bac_Series8PreferredStockMember_F2E3A5A42BEF8D661FE9F6469281628B" xlink:type="arc"/>
<link:label id="lab_us-gaap_ClassOfStockLineItems_CDEAC56EB6A14846F208F944BE1602F6_label_en-US" xlink:label="lab_us-gaap_ClassOfStockLineItems_CDEAC56EB6A14846F208F944BE1602F6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Class of Stock [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="loc_us-gaap_ClassOfStockLineItems_CDEAC56EB6A14846F208F944BE1602F6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ClassOfStockLineItems_CDEAC56EB6A14846F208F944BE1602F6" xlink:to="lab_us-gaap_ClassOfStockLineItems_CDEAC56EB6A14846F208F944BE1602F6" xlink:type="arc"/>
<link:label id="lab_us-gaap_PreferredStockSharesOutstanding_EC0E93AE9445884351D8F61C08490F41_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockSharesOutstanding_EC0E93AE9445884351D8F61C08490F41" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total Shares Outstanding </link:label>
<link:label id="lab_us-gaap_PreferredStockSharesOutstanding_EC0E93AE9445884351D8F61C08490F41_label_en-US" xlink:label="lab_us-gaap_PreferredStockSharesOutstanding_EC0E93AE9445884351D8F61C08490F41" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Preferred Stock, Shares Outstanding </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_PreferredStockSharesOutstanding" xlink:label="loc_us-gaap_PreferredStockSharesOutstanding_EC0E93AE9445884351D8F61C08490F41" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockSharesOutstanding_EC0E93AE9445884351D8F61C08490F41" xlink:to="lab_us-gaap_PreferredStockSharesOutstanding_EC0E93AE9445884351D8F61C08490F41" xlink:type="arc"/>
<link:label id="lab_us-gaap_PreferredStockLiquidationPreference_FA341CDE773327F9D7B2F6204C2C2385_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockLiquidationPreference_FA341CDE773327F9D7B2F6204C2C2385" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Liquidation Preference Per Share (in dollars) </link:label>
<link:label id="lab_us-gaap_PreferredStockLiquidationPreference_FA341CDE773327F9D7B2F6204C2C2385_label_en-US" xlink:label="lab_us-gaap_PreferredStockLiquidationPreference_FA341CDE773327F9D7B2F6204C2C2385" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Preferred Stock, Liquidation Preference Per Share </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_PreferredStockLiquidationPreference" xlink:label="loc_us-gaap_PreferredStockLiquidationPreference_FA341CDE773327F9D7B2F6204C2C2385" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockLiquidationPreference_FA341CDE773327F9D7B2F6204C2C2385" xlink:to="lab_us-gaap_PreferredStockLiquidationPreference_FA341CDE773327F9D7B2F6204C2C2385" xlink:type="arc"/>
<link:label id="lab_us-gaap_PreferredStockIncludingAdditionalPaidInCapital_ADA7D18EC0A560AC70B3F6214B3C59D9_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockIncludingAdditionalPaidInCapital_ADA7D18EC0A560AC70B3F6214B3C59D9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Carrying Value </link:label>
<link:label id="lab_us-gaap_PreferredStockIncludingAdditionalPaidInCapital_ADA7D18EC0A560AC70B3F6214B3C59D9_label_en-US" xlink:label="lab_us-gaap_PreferredStockIncludingAdditionalPaidInCapital_ADA7D18EC0A560AC70B3F6214B3C59D9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Preferred Stock, Including Additional Paid in Capital </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_PreferredStockIncludingAdditionalPaidInCapital" xlink:label="loc_us-gaap_PreferredStockIncludingAdditionalPaidInCapital_ADA7D18EC0A560AC70B3F6214B3C59D9" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockIncludingAdditionalPaidInCapital_ADA7D18EC0A560AC70B3F6214B3C59D9" xlink:to="lab_us-gaap_PreferredStockIncludingAdditionalPaidInCapital_ADA7D18EC0A560AC70B3F6214B3C59D9" xlink:type="arc"/>
<link:label id="lab_us-gaap_PreferredStockDividendRatePercentage_E30DD6AF650863BEA317F700877F5FA5_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockDividendRatePercentage_E30DD6AF650863BEA317F700877F5FA5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Per Annum Dividend Rate </link:label>
<link:label id="lab_us-gaap_PreferredStockDividendRatePercentage_E30DD6AF650863BEA317F700877F5FA5_label_en-US" xlink:label="lab_us-gaap_PreferredStockDividendRatePercentage_E30DD6AF650863BEA317F700877F5FA5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Preferred Stock, Dividend Rate, Percentage </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_PreferredStockDividendRatePercentage" xlink:label="loc_us-gaap_PreferredStockDividendRatePercentage_E30DD6AF650863BEA317F700877F5FA5" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockDividendRatePercentage_E30DD6AF650863BEA317F700877F5FA5" xlink:to="lab_us-gaap_PreferredStockDividendRatePercentage_E30DD6AF650863BEA317F700877F5FA5" xlink:type="arc"/>
<link:label id="lab_us-gaap_PreferredStockDividendPaymentRateVariable_D90A52B7F22B12B6C070F7031CB49DDE_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockDividendPaymentRateVariable_D90A52B7F22B12B6C070F7031CB49DDE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Dividend Payment Rate, Variable </link:label>
<link:label id="lab_us-gaap_PreferredStockDividendPaymentRateVariable_D90A52B7F22B12B6C070F7031CB49DDE_label_en-US" xlink:label="lab_us-gaap_PreferredStockDividendPaymentRateVariable_D90A52B7F22B12B6C070F7031CB49DDE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Preferred Stock, Dividend Payment Rate, Variable </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_PreferredStockDividendPaymentRateVariable" xlink:label="loc_us-gaap_PreferredStockDividendPaymentRateVariable_D90A52B7F22B12B6C070F7031CB49DDE" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockDividendPaymentRateVariable_D90A52B7F22B12B6C070F7031CB49DDE" xlink:to="lab_us-gaap_PreferredStockDividendPaymentRateVariable_D90A52B7F22B12B6C070F7031CB49DDE" xlink:type="arc"/>
<link:label id="lab_bac_PreferredStockDividendPaymentBasisSpread_18A172EA1F64241A8E59F703EC67E6B4_terseLabel_en-US" xlink:label="lab_bac_PreferredStockDividendPaymentBasisSpread_18A172EA1F64241A8E59F703EC67E6B4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Dividend Payment Basis Spread </link:label>
<link:label id="lab_bac_PreferredStockDividendPaymentBasisSpread_18A172EA1F64241A8E59F703EC67E6B4_label_en-US" xlink:label="lab_bac_PreferredStockDividendPaymentBasisSpread_18A172EA1F64241A8E59F703EC67E6B4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Preferred Stock Dividend Payment Basis Spread </link:label>
<link:label id="lab_bac_PreferredStockDividendPaymentBasisSpread_18A172EA1F64241A8E59F703EC67E6B4_documentation_en-US" xlink:label="lab_bac_PreferredStockDividendPaymentBasisSpread_18A172EA1F64241A8E59F703EC67E6B4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Preferred Stock Dividend Payment Basis Spread </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PreferredStockDividendPaymentBasisSpread" xlink:label="loc_bac_PreferredStockDividendPaymentBasisSpread_18A172EA1F64241A8E59F703EC67E6B4" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_PreferredStockDividendPaymentBasisSpread_18A172EA1F64241A8E59F703EC67E6B4" xlink:to="lab_bac_PreferredStockDividendPaymentBasisSpread_18A172EA1F64241A8E59F703EC67E6B4" xlink:type="arc"/>
<link:label id="lab_us-gaap_PreferredStockDiscountOnShares_8BC1E2EE2B6E866CE103F73A6BD1CB82_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockDiscountOnShares_8BC1E2EE2B6E866CE103F73A6BD1CB82" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Preferred Stock, Discount on Shares </link:label>
<link:label id="lab_us-gaap_PreferredStockDiscountOnShares_8BC1E2EE2B6E866CE103F73A6BD1CB82_label_en-US" xlink:label="lab_us-gaap_PreferredStockDiscountOnShares_8BC1E2EE2B6E866CE103F73A6BD1CB82" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Preferred Stock, Discount on Shares </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_PreferredStockDiscountOnShares" xlink:label="loc_us-gaap_PreferredStockDiscountOnShares_8BC1E2EE2B6E866CE103F73A6BD1CB82" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockDiscountOnShares_8BC1E2EE2B6E866CE103F73A6BD1CB82" xlink:to="lab_us-gaap_PreferredStockDiscountOnShares_8BC1E2EE2B6E866CE103F73A6BD1CB82" xlink:type="arc"/>
<link:label id="lab_bac_MinimumInterestRatePerAnnum_6EC5EC5FC84838245BD4F7403B6713A0_terseLabel_en-US" xlink:label="lab_bac_MinimumInterestRatePerAnnum_6EC5EC5FC84838245BD4F7403B6713A0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Minimum Interest Rate Per Annum </link:label>
<link:label id="lab_bac_MinimumInterestRatePerAnnum_6EC5EC5FC84838245BD4F7403B6713A0_label_en-US" xlink:label="lab_bac_MinimumInterestRatePerAnnum_6EC5EC5FC84838245BD4F7403B6713A0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Minimum Interest Rate Per Annum </link:label>
<link:label id="lab_bac_MinimumInterestRatePerAnnum_6EC5EC5FC84838245BD4F7403B6713A0_documentation_en-US" xlink:label="lab_bac_MinimumInterestRatePerAnnum_6EC5EC5FC84838245BD4F7403B6713A0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the minimum interest rate per annum. </link:label>
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<link:label id="lab_us-gaap_PreferredStockVotingRights_BC48FD7BE176797AD379A7C19D737EF8_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockVotingRights_BC48FD7BE176797AD379A7C19D737EF8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Preferred Stock, Voting Rights </link:label>
<link:label id="lab_us-gaap_PreferredStockVotingRights_BC48FD7BE176797AD379A7C19D737EF8_label_en-US" xlink:label="lab_us-gaap_PreferredStockVotingRights_BC48FD7BE176797AD379A7C19D737EF8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Preferred Stock, Voting Rights </link:label>
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<link:label id="lab_us-gaap_DefinedBenefitPlanServiceCost_A5BAE42D6E0B317D6645F8BCF74B7DED_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanServiceCost_A5BAE42D6E0B317D6645F8BCF74B7DED" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Service Cost </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanServiceCost_A5BAE42D6E0B317D6645F8BCF74B7DED_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanServiceCost_A5BAE42D6E0B317D6645F8BCF74B7DED" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Service Cost </link:label>
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<link:label id="lab_us-gaap_DefinedBenefitPlanInterestCost_918596134083902729E5F8BD7DE300BD_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanInterestCost_918596134083902729E5F8BD7DE300BD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Interest Cost </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanInterestCost_918596134083902729E5F8BD7DE300BD_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanInterestCost_918596134083902729E5F8BD7DE300BD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Interest Cost </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DefinedBenefitPlanInterestCost" xlink:label="loc_us-gaap_DefinedBenefitPlanInterestCost_918596134083902729E5F8BD7DE300BD" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanExpectedReturnOnPlanAssets_31569A5927B41EBD7CF2F8BDCED860FB_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedReturnOnPlanAssets_31569A5927B41EBD7CF2F8BDCED860FB" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Expected Return on Plan Assets </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanExpectedReturnOnPlanAssets_31569A5927B41EBD7CF2F8BDCED860FB_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedReturnOnPlanAssets_31569A5927B41EBD7CF2F8BDCED860FB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Expected Return on Plan Assets </link:label>
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<link:label id="lab_us-gaap_DefinedBenefitPlanAmortizationOfNetTransitionAssetObligation_E39B7478F33E75B4C53897E5ED4AB0CF_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAmortizationOfNetTransitionAssetObligation_E39B7478F33E75B4C53897E5ED4AB0CF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Amortization of Transition Obligation </link:label>
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<link:label id="lab_us-gaap_DefinedBenefitPlanAmortizationOfPriorServiceCostCredit_75AFED9191A56EDA0102F8BFF854DB8A_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAmortizationOfPriorServiceCostCredit_75AFED9191A56EDA0102F8BFF854DB8A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Amortization of Prior Service Cost (Credits) </link:label>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DefinedBenefitPlanAmortizationOfPriorServiceCostCredit" xlink:label="loc_us-gaap_DefinedBenefitPlanAmortizationOfPriorServiceCostCredit_75AFED9191A56EDA0102F8BFF854DB8A" xlink:type="locator"/>
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<link:label id="lab_bac_AmortizationOfNetActuarialLossGain_4ECD4667CEF04B8AE35DF8C05367F49F_terseLabel_en-US" xlink:label="lab_bac_AmortizationOfNetActuarialLossGain_4ECD4667CEF04B8AE35DF8C05367F49F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Amortization Of Net Actuarial Loss (Gain) </link:label>
<link:label id="lab_bac_AmortizationOfNetActuarialLossGain_4ECD4667CEF04B8AE35DF8C05367F49F_label_en-US" xlink:label="lab_bac_AmortizationOfNetActuarialLossGain_4ECD4667CEF04B8AE35DF8C05367F49F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Amortization Of Net Actuarial Loss Gain </link:label>
<link:label id="lab_bac_AmortizationOfNetActuarialLossGain_4ECD4667CEF04B8AE35DF8C05367F49F_documentation_en-US" xlink:label="lab_bac_AmortizationOfNetActuarialLossGain_4ECD4667CEF04B8AE35DF8C05367F49F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents amortization of the net increase or decrease in the value of either the benefit obligation or the plan assets resulting from experience different from that assumed or from a change in an actuarial assumption, or the consequence of a decision to temporarily deviate from the substantive plan. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_AmortizationOfNetActuarialLossGain" xlink:label="loc_bac_AmortizationOfNetActuarialLossGain_4ECD4667CEF04B8AE35DF8C05367F49F" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanRecognizedNetGainLossDueToSettlementsAndCurtailments_B8840E5F44E23E49EFD2F8C0BB0A8309_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanRecognizedNetGainLossDueToSettlementsAndCurtailments_B8840E5F44E23E49EFD2F8C0BB0A8309" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Recognized Gain (Loss) Due to Settlements and Curtailments </link:label>
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<link:label id="lab_us-gaap_DefinedBenefitPlanSpecialTerminationBenefits_D3935672B480400B0768F8C11B8599BA_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanSpecialTerminationBenefits_D3935672B480400B0768F8C11B8599BA" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Recognized Termination Benefit Costs </link:label>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DefinedBenefitPlanSpecialTerminationBenefits" xlink:label="loc_us-gaap_DefinedBenefitPlanSpecialTerminationBenefits_D3935672B480400B0768F8C11B8599BA" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost_BC35A1E00EBFD03EBCBCF8C20DE34FB0_totalLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost_BC35A1E00EBFD03EBCBCF8C20DE34FB0" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Net Periodic Benefit Cost </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost_BC35A1E00EBFD03EBCBCF8C20DE34FB0_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost_BC35A1E00EBFD03EBCBCF8C20DE34FB0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Net Periodic Benefit Cost </link:label>
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<link:label id="lab_us-gaap_ShortTermDebtTextBlock_4FA9D6014179908CECA0BAAADAA58725_terseLabel_en-US" xlink:label="lab_us-gaap_ShortTermDebtTextBlock_4FA9D6014179908CECA0BAAADAA58725" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Short-term Debt [Text Block] </link:label>
<link:label id="lab_us-gaap_ShortTermDebtTextBlock_4FA9D6014179908CECA0BAAADAA58725_label_en-US" xlink:label="lab_us-gaap_ShortTermDebtTextBlock_4FA9D6014179908CECA0BAAADAA58725" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Short-term Debt [Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ShortTermDebtTextBlock" xlink:label="loc_us-gaap_ShortTermDebtTextBlock_4FA9D6014179908CECA0BAAADAA58725" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_9ED70069A6F2A7B4C47F8D44CC4098E6_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_9ED70069A6F2A7B4C47F8D44CC4098E6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Table] </link:label>
<link:label id="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_9ED70069A6F2A7B4C47F8D44CC4098E6_label_en-US" xlink:label="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_9ED70069A6F2A7B4C47F8D44CC4098E6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable" xlink:label="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_9ED70069A6F2A7B4C47F8D44CC4098E6" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FairValueByFairValueHierarchyLevelAxis_FBDC2DBAEED4A69C3D1F8D44CC408D50_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueByFairValueHierarchyLevelAxis_FBDC2DBAEED4A69C3D1F8D44CC408D50" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, Hierarchy [Axis] </link:label>
<link:label id="lab_us-gaap_FairValueByFairValueHierarchyLevelAxis_FBDC2DBAEED4A69C3D1F8D44CC408D50_label_en-US" xlink:label="lab_us-gaap_FairValueByFairValueHierarchyLevelAxis_FBDC2DBAEED4A69C3D1F8D44CC408D50" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Hierarchy [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="loc_us-gaap_FairValueByFairValueHierarchyLevelAxis_FBDC2DBAEED4A69C3D1F8D44CC408D50" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueByFairValueHierarchyLevelAxis_FBDC2DBAEED4A69C3D1F8D44CC408D50" xlink:to="lab_us-gaap_FairValueByFairValueHierarchyLevelAxis_FBDC2DBAEED4A69C3D1F8D44CC408D50" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_0D0335622A1315DA37968D44CC40EACF_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_0D0335622A1315DA37968D44CC40EACF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, Measurements, Fair Value Hierarchy [Domain] </link:label>
<link:label id="lab_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_0D0335622A1315DA37968D44CC40EACF_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_0D0335622A1315DA37968D44CC40EACF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Measurements, Fair Value Hierarchy [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="loc_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_0D0335622A1315DA37968D44CC40EACF" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FairValueInputsLevel2Member_95A0BF370449ADE934598D44CC408E9F_verboseLabel_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel2Member_95A0BF370449ADE934598D44CC408E9F" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Level 2 [Member] </link:label>
<link:label id="lab_us-gaap_FairValueInputsLevel2Member_95A0BF370449ADE934598D44CC408E9F_label_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel2Member_95A0BF370449ADE934598D44CC408E9F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Inputs, Level 2 [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FairValueInputsLevel2Member" xlink:label="loc_us-gaap_FairValueInputsLevel2Member_95A0BF370449ADE934598D44CC408E9F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueInputsLevel2Member_95A0BF370449ADE934598D44CC408E9F" xlink:to="lab_us-gaap_FairValueInputsLevel2Member_95A0BF370449ADE934598D44CC408E9F" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValueInputsLevel3Member_AB8D8F55CC7624A964C28D44CC41FBC8_verboseLabel_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel3Member_AB8D8F55CC7624A964C28D44CC41FBC8" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Level 3 [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FairValueInputsLevel3Member" xlink:label="loc_us-gaap_FairValueInputsLevel3Member_AB8D8F55CC7624A964C28D44CC41FBC8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueInputsLevel3Member_AB8D8F55CC7624A964C28D44CC41FBC8" xlink:to="lab_us-gaap_FairValueInputsLevel3Member_AB8D8F55CC7624A964C28D44CC41FBC8" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValueByMeasurementFrequencyAxis_BB52275867D6A7F8D9338D44CC417813_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueByMeasurementFrequencyAxis_BB52275867D6A7F8D9338D44CC417813" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value by Measurement Frequency [Axis] </link:label>
<link:label id="lab_us-gaap_FairValueByMeasurementFrequencyAxis_BB52275867D6A7F8D9338D44CC417813_label_en-US" xlink:label="lab_us-gaap_FairValueByMeasurementFrequencyAxis_BB52275867D6A7F8D9338D44CC417813" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value by Measurement Frequency [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FairValueByMeasurementFrequencyAxis" xlink:label="loc_us-gaap_FairValueByMeasurementFrequencyAxis_BB52275867D6A7F8D9338D44CC417813" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueByMeasurementFrequencyAxis_BB52275867D6A7F8D9338D44CC417813" xlink:to="lab_us-gaap_FairValueByMeasurementFrequencyAxis_BB52275867D6A7F8D9338D44CC417813" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValueMeasurementFrequencyDomain_B11FB8C86B1E2CB174E08D44CC4195E6_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementFrequencyDomain_B11FB8C86B1E2CB174E08D44CC4195E6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, Measurement Frequency [Domain] </link:label>
<link:label id="lab_us-gaap_FairValueMeasurementFrequencyDomain_B11FB8C86B1E2CB174E08D44CC4195E6_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementFrequencyDomain_B11FB8C86B1E2CB174E08D44CC4195E6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Measurement Frequency [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FairValueMeasurementFrequencyDomain" xlink:label="loc_us-gaap_FairValueMeasurementFrequencyDomain_B11FB8C86B1E2CB174E08D44CC4195E6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueMeasurementFrequencyDomain_B11FB8C86B1E2CB174E08D44CC4195E6" xlink:to="lab_us-gaap_FairValueMeasurementFrequencyDomain_B11FB8C86B1E2CB174E08D44CC4195E6" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValueMeasurementsNonrecurringMember_12118D66642C137B2EB68D44CC417C2B_verboseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementsNonrecurringMember_12118D66642C137B2EB68D44CC417C2B" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, Measurements, Nonrecurring [Member] </link:label>
<link:label id="lab_us-gaap_FairValueMeasurementsNonrecurringMember_12118D66642C137B2EB68D44CC417C2B_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementsNonrecurringMember_12118D66642C137B2EB68D44CC417C2B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Measurements, Nonrecurring [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FairValueMeasurementsNonrecurringMember" xlink:label="loc_us-gaap_FairValueMeasurementsNonrecurringMember_12118D66642C137B2EB68D44CC417C2B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueMeasurementsNonrecurringMember_12118D66642C137B2EB68D44CC417C2B" xlink:to="lab_us-gaap_FairValueMeasurementsNonrecurringMember_12118D66642C137B2EB68D44CC417C2B" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_4CDBF1837DE59B7487A88D44CC41F75A_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_4CDBF1837DE59B7487A88D44CC41F75A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] </link:label>
<link:label id="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_4CDBF1837DE59B7487A88D44CC41F75A_label_en-US" xlink:label="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_4CDBF1837DE59B7487A88D44CC41F75A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_4CDBF1837DE59B7487A88D44CC41F75A" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AssetsFairValueDisclosureAbstract_EC6DBDDA1DF7EAEB70E38D44CC410CB2_verboseLabel_en-US" xlink:label="lab_us-gaap_AssetsFairValueDisclosureAbstract_EC6DBDDA1DF7EAEB70E38D44CC410CB2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis </link:label>
<link:label id="lab_us-gaap_AssetsFairValueDisclosureAbstract_EC6DBDDA1DF7EAEB70E38D44CC410CB2_label_en-US" xlink:label="lab_us-gaap_AssetsFairValueDisclosureAbstract_EC6DBDDA1DF7EAEB70E38D44CC410CB2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Assets, Fair Value Disclosure [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AssetsFairValueDisclosureAbstract" xlink:label="loc_us-gaap_AssetsFairValueDisclosureAbstract_EC6DBDDA1DF7EAEB70E38D44CC410CB2" xlink:type="locator"/>
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<link:label id="lab_us-gaap_LoansHeldForSaleFairValueDisclosure_180A5A34420892C7784D8D44CC4149D5_terseLabel_en-US" xlink:label="lab_us-gaap_LoansHeldForSaleFairValueDisclosure_180A5A34420892C7784D8D44CC4149D5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loans held-for-sale </link:label>
<link:label id="lab_us-gaap_LoansHeldForSaleFairValueDisclosure_180A5A34420892C7784D8D44CC4149D5_label_en-US" xlink:label="lab_us-gaap_LoansHeldForSaleFairValueDisclosure_180A5A34420892C7784D8D44CC4149D5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loans Held-for-sale, Fair Value Disclosure </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LoansHeldForSaleFairValueDisclosure" xlink:label="loc_us-gaap_LoansHeldForSaleFairValueDisclosure_180A5A34420892C7784D8D44CC4149D5" xlink:type="locator"/>
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<link:label id="lab_bac_LoansAndLeasesFairValueDisclosure_DDFDBEE245909E48DBA48D44CC425CC3_verboseLabel_en-US" xlink:label="lab_bac_LoansAndLeasesFairValueDisclosure_DDFDBEE245909E48DBA48D44CC425CC3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Loans and Leases </link:label>
<link:label id="lab_bac_LoansAndLeasesFairValueDisclosure_DDFDBEE245909E48DBA48D44CC425CC3_label_en-US" xlink:label="lab_bac_LoansAndLeasesFairValueDisclosure_DDFDBEE245909E48DBA48D44CC425CC3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loans And Leases Fair Value Disclosure </link:label>
<link:label id="lab_bac_LoansAndLeasesFairValueDisclosure_DDFDBEE245909E48DBA48D44CC425CC3_documentation_en-US" xlink:label="lab_bac_LoansAndLeasesFairValueDisclosure_DDFDBEE245909E48DBA48D44CC425CC3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the balance of Loans and Leases measured at fair value on a nonrecurring basis categorized as Level 2 and 3 based on observability of inputs. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_LoansAndLeasesFairValueDisclosure" xlink:label="loc_bac_LoansAndLeasesFairValueDisclosure_DDFDBEE245909E48DBA48D44CC425CC3" xlink:type="locator"/>
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<link:label id="lab_bac_ForeclosedPropertiesFairValueDisclosure_EEA9901BD5AE376D17B98D44CC426625_verboseLabel_en-US" xlink:label="lab_bac_ForeclosedPropertiesFairValueDisclosure_EEA9901BD5AE376D17B98D44CC426625" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Foreclosed properties </link:label>
<link:label id="lab_bac_ForeclosedPropertiesFairValueDisclosure_EEA9901BD5AE376D17B98D44CC426625_label_en-US" xlink:label="lab_bac_ForeclosedPropertiesFairValueDisclosure_EEA9901BD5AE376D17B98D44CC426625" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Foreclosed Properties Fair Value Disclosure </link:label>
<link:label id="lab_bac_ForeclosedPropertiesFairValueDisclosure_EEA9901BD5AE376D17B98D44CC426625_documentation_en-US" xlink:label="lab_bac_ForeclosedPropertiesFairValueDisclosure_EEA9901BD5AE376D17B98D44CC426625" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the balance of foreclosed properties measured at fair value on a nonrecurring basis categorized as Level 2 and 3 based on observability of inputs. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ForeclosedPropertiesFairValueDisclosure" xlink:label="loc_bac_ForeclosedPropertiesFairValueDisclosure_EEA9901BD5AE376D17B98D44CC426625" xlink:type="locator"/>
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<link:label id="lab_us-gaap_OtherAssetsFairValueDisclosure_8C3D5AA565BC2D82BDF38D44CC42004D_terseLabel_en-US" xlink:label="lab_us-gaap_OtherAssetsFairValueDisclosure_8C3D5AA565BC2D82BDF38D44CC42004D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other assets </link:label>
<link:label id="lab_us-gaap_OtherAssetsFairValueDisclosure_8C3D5AA565BC2D82BDF38D44CC42004D_label_en-US" xlink:label="lab_us-gaap_OtherAssetsFairValueDisclosure_8C3D5AA565BC2D82BDF38D44CC42004D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Assets, Fair Value Disclosure </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_OtherAssetsFairValueDisclosure" xlink:label="loc_us-gaap_OtherAssetsFairValueDisclosure_8C3D5AA565BC2D82BDF38D44CC42004D" xlink:type="locator"/>
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<link:label id="lab_bac_GainsLossesOnLoansHeldForSale_1F086D9034C87E5483E98D44CC427036_verboseLabel_en-US" xlink:label="lab_bac_GainsLossesOnLoansHeldForSale_1F086D9034C87E5483E98D44CC427036" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Gains (Losses) on loans held-for-sale </link:label>
<link:label id="lab_bac_GainsLossesOnLoansHeldForSale_1F086D9034C87E5483E98D44CC427036_label_en-US" xlink:label="lab_bac_GainsLossesOnLoansHeldForSale_1F086D9034C87E5483E98D44CC427036" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Gains (Losses) On Loans Held For Sale </link:label>
<link:label id="lab_bac_GainsLossesOnLoansHeldForSale_1F086D9034C87E5483E98D44CC427036_documentation_en-US" xlink:label="lab_bac_GainsLossesOnLoansHeldForSale_1F086D9034C87E5483E98D44CC427036" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the amount of gain (loss) recognized on LHFS, still held as of the reporting date, measured at fair value on a nonrecurring basis. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_GainsLossesOnLoansHeldForSale" xlink:label="loc_bac_GainsLossesOnLoansHeldForSale_1F086D9034C87E5483E98D44CC427036" xlink:type="locator"/>
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<link:label id="lab_bac_GainLossOnLoansAndLeases_1FF93B870535D6B107FD8D44CC420F40_verboseLabel_en-US" xlink:label="lab_bac_GainLossOnLoansAndLeases_1FF93B870535D6B107FD8D44CC420F40" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Gains (Losses) on loans and leases </link:label>
<link:label id="lab_bac_GainLossOnLoansAndLeases_1FF93B870535D6B107FD8D44CC420F40_label_en-US" xlink:label="lab_bac_GainLossOnLoansAndLeases_1FF93B870535D6B107FD8D44CC420F40" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Gain Loss On Loans And Leases </link:label>
<link:label id="lab_bac_GainLossOnLoansAndLeases_1FF93B870535D6B107FD8D44CC420F40_documentation_en-US" xlink:label="lab_bac_GainLossOnLoansAndLeases_1FF93B870535D6B107FD8D44CC420F40" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the amount of gain (loss) recognized on Loans and Leases, still held as of the reporting date, measured at fair value on a nonrecurring basis. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_GainLossOnLoansAndLeases" xlink:label="loc_bac_GainLossOnLoansAndLeases_1FF93B870535D6B107FD8D44CC420F40" xlink:type="locator"/>
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<link:label id="lab_bac_GainLossOnForeclosedProperties_58B3D2A98ECBC7A92B9E8D44CC42E39F_verboseLabel_en-US" xlink:label="lab_bac_GainLossOnForeclosedProperties_58B3D2A98ECBC7A92B9E8D44CC42E39F" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Gains (Losses) on Foreclosed Properties </link:label>
<link:label id="lab_bac_GainLossOnForeclosedProperties_58B3D2A98ECBC7A92B9E8D44CC42E39F_label_en-US" xlink:label="lab_bac_GainLossOnForeclosedProperties_58B3D2A98ECBC7A92B9E8D44CC42E39F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Gain Loss On Foreclosed Properties </link:label>
<link:label id="lab_bac_GainLossOnForeclosedProperties_58B3D2A98ECBC7A92B9E8D44CC42E39F_documentation_en-US" xlink:label="lab_bac_GainLossOnForeclosedProperties_58B3D2A98ECBC7A92B9E8D44CC42E39F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the amount of gain (loss) recognized on foreclosed properties, still held as of the reporting date, measured at fair value on a nonrecurring basis. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_GainLossOnForeclosedProperties" xlink:label="loc_bac_GainLossOnForeclosedProperties_58B3D2A98ECBC7A92B9E8D44CC42E39F" xlink:type="locator"/>
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<link:label id="lab_bac_GainLossOnOtherAssets_A285D833D79A8B75FFAC8D44CC423287_verboseLabel_en-US" xlink:label="lab_bac_GainLossOnOtherAssets_A285D833D79A8B75FFAC8D44CC423287" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Gains (Losses) on other assets </link:label>
<link:label id="lab_bac_GainLossOnOtherAssets_A285D833D79A8B75FFAC8D44CC423287_label_en-US" xlink:label="lab_bac_GainLossOnOtherAssets_A285D833D79A8B75FFAC8D44CC423287" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Gain Loss On Other Assets </link:label>
<link:label id="lab_bac_GainLossOnOtherAssets_A285D833D79A8B75FFAC8D44CC423287_documentation_en-US" xlink:label="lab_bac_GainLossOnOtherAssets_A285D833D79A8B75FFAC8D44CC423287" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the amount of gain (loss) recognized on other assets, still held as of the reporting date, measured at fair value on a nonrecurring basis. Other Assets are those not individually reported in the financial statements or separately disclosed. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_GainLossOnOtherAssets" xlink:label="loc_bac_GainLossOnOtherAssets_A285D833D79A8B75FFAC8D44CC423287" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_A7DCD2AC2E919D66A3773F214780C51F_verboseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_A7DCD2AC2E919D66A3773F214780C51F" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Calculation of Earnings Per Common Share and Diluted Earnings Per Common Share </link:label>
<link:label id="lab_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_A7DCD2AC2E919D66A3773F214780C51F_label_en-US" xlink:label="lab_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_A7DCD2AC2E919D66A3773F214780C51F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_A7DCD2AC2E919D66A3773F214780C51F" xlink:type="locator"/>
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<link:label id="lab_us-gaap_InterestRateContractMember_6C71F5C6975CB8E0AA3633C6D9B9E535_label_en-US" xlink:label="lab_us-gaap_InterestRateContractMember_6C71F5C6975CB8E0AA3633C6D9B9E535" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Rate Contract [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_InterestRateContractMember" xlink:label="loc_us-gaap_InterestRateContractMember_6C71F5C6975CB8E0AA3633C6D9B9E535" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ForeignExchangeContractMember_D13649CBD8AAB3229C78A2CB6C781AA0_label_en-US" xlink:label="lab_us-gaap_ForeignExchangeContractMember_D13649CBD8AAB3229C78A2CB6C781AA0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Foreign Exchange Contract [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ForeignExchangeContractMember" xlink:label="loc_us-gaap_ForeignExchangeContractMember_D13649CBD8AAB3229C78A2CB6C781AA0" xlink:type="locator"/>
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<link:label id="lab_us-gaap_EquityContractMember_FF208365E8E5749859C6A2CB9BEFB5A5_label_en-US" xlink:label="lab_us-gaap_EquityContractMember_FF208365E8E5749859C6A2CB9BEFB5A5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Equity Contract [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_EquityContractMember" xlink:label="loc_us-gaap_EquityContractMember_FF208365E8E5749859C6A2CB9BEFB5A5" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CommodityContractMember_BCCA4A06C656C682167BA2CBC0D094F5_label_en-US" xlink:label="lab_us-gaap_CommodityContractMember_BCCA4A06C656C682167BA2CBC0D094F5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Commodity Contract [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CommodityContractMember" xlink:label="loc_us-gaap_CommodityContractMember_BCCA4A06C656C682167BA2CBC0D094F5" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CreditRiskContractMember_3F5CE4DAFC8745685797A2CC05EE27EB_label_en-US" xlink:label="lab_us-gaap_CreditRiskContractMember_3F5CE4DAFC8745685797A2CC05EE27EB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Credit Risk Contract [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CreditRiskContractMember" xlink:label="loc_us-gaap_CreditRiskContractMember_3F5CE4DAFC8745685797A2CC05EE27EB" xlink:type="locator"/>
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<link:label id="lab_us-gaap_SwapMember_FB35AD02774E7CBD80B833C6D8DD038B_label_en-US" xlink:label="lab_us-gaap_SwapMember_FB35AD02774E7CBD80B833C6D8DD038B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Swap [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_SwapMember" xlink:label="loc_us-gaap_SwapMember_FB35AD02774E7CBD80B833C6D8DD038B" xlink:type="locator"/>
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<link:label id="lab_bac_FuturesAndForwardsMember_F78C3F717E386A26E083A2CC7991A5CC_label_en-US" xlink:label="lab_bac_FuturesAndForwardsMember_F78C3F717E386A26E083A2CC7991A5CC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Futures and Forwards [Member] </link:label>
<link:label id="lab_bac_FuturesAndForwardsMember_F78C3F717E386A26E083A2CC7991A5CC_documentation_en-US" xlink:label="lab_bac_FuturesAndForwardsMember_F78C3F717E386A26E083A2CC7991A5CC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Futures And Forwards Member. </link:label>
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<link:label id="lab_bac_SpotFuturesAndForwardsMember_D6C79D4B7C51174DD95CA2CCADA8BDCC_label_en-US" xlink:label="lab_bac_SpotFuturesAndForwardsMember_D6C79D4B7C51174DD95CA2CCADA8BDCC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Spot Futures and Forwards [Member] </link:label>
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<link:label id="lab_us-gaap_OptionMember_EBD9FD94127BD099E391A2CD0DFDB6B7_label_en-US" xlink:label="lab_us-gaap_OptionMember_EBD9FD94127BD099E391A2CD0DFDB6B7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Options Held [Member] </link:label>
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<link:label id="lab_bac_WrittenOptionsMember_6F7A1FD570AAF59AA5C0A2CD3A961A39_label_en-US" xlink:label="lab_bac_WrittenOptionsMember_6F7A1FD570AAF59AA5C0A2CD3A961A39" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Written Options [Member] </link:label>
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<link:label id="lab_bac_PurchasedOptionsMember_2CF86A0658FC2C797AA6A2CE0BA5B0FD_label_en-US" xlink:label="lab_bac_PurchasedOptionsMember_2CF86A0658FC2C797AA6A2CE0BA5B0FD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Purchased Options [Member] </link:label>
<link:label id="lab_bac_PurchasedOptionsMember_2CF86A0658FC2C797AA6A2CE0BA5B0FD_documentation_en-US" xlink:label="lab_bac_PurchasedOptionsMember_2CF86A0658FC2C797AA6A2CE0BA5B0FD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Purchased Options [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PurchasedOptionsMember" xlink:label="loc_bac_PurchasedOptionsMember_2CF86A0658FC2C797AA6A2CE0BA5B0FD" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CreditDefaultSwapMember_34EF012A4E6E49C9917DA2D1885B7CF1_label_en-US" xlink:label="lab_us-gaap_CreditDefaultSwapMember_34EF012A4E6E49C9917DA2D1885B7CF1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Credit Default Swap [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CreditDefaultSwapMember" xlink:label="loc_us-gaap_CreditDefaultSwapMember_34EF012A4E6E49C9917DA2D1885B7CF1" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CreditDefaultSwapMember_34EF012A4E6E49C9917DA2D1885B7CF1" xlink:to="lab_us-gaap_CreditDefaultSwapMember_34EF012A4E6E49C9917DA2D1885B7CF1" xlink:type="arc"/>
<link:label id="lab_bac_ReturnSwapsOtherMember_1104162E2C329304CD4BA2D3B7F1F2BC_label_en-US" xlink:label="lab_bac_ReturnSwapsOtherMember_1104162E2C329304CD4BA2D3B7F1F2BC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Return Swaps Other [Member] </link:label>
<link:label id="lab_bac_ReturnSwapsOtherMember_1104162E2C329304CD4BA2D3B7F1F2BC_documentation_en-US" xlink:label="lab_bac_ReturnSwapsOtherMember_1104162E2C329304CD4BA2D3B7F1F2BC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Return Swaps Other Member. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ReturnSwapsOtherMember" xlink:label="loc_bac_ReturnSwapsOtherMember_1104162E2C329304CD4BA2D3B7F1F2BC" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ReturnSwapsOtherMember_1104162E2C329304CD4BA2D3B7F1F2BC" xlink:to="lab_bac_ReturnSwapsOtherMember_1104162E2C329304CD4BA2D3B7F1F2BC" xlink:type="arc"/>
<link:label id="lab_us-gaap_CreditDerivativesByContractTypeAxis_2867FFE17B7234F26B83A2D0D3EB5EC3_label_en-US" xlink:label="lab_us-gaap_CreditDerivativesByContractTypeAxis_2867FFE17B7234F26B83A2D0D3EB5EC3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Credit Derivatives by Contract Type [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CreditDerivativesByContractTypeAxis" xlink:label="loc_us-gaap_CreditDerivativesByContractTypeAxis_2867FFE17B7234F26B83A2D0D3EB5EC3" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CreditDerivativesByContractTypeAxis_2867FFE17B7234F26B83A2D0D3EB5EC3" xlink:to="lab_us-gaap_CreditDerivativesByContractTypeAxis_2867FFE17B7234F26B83A2D0D3EB5EC3" xlink:type="arc"/>
<link:label id="lab_us-gaap_CreditDerivativesContractTypeDomain_A359FC235DC3C9376F8EA2D11D960563_label_en-US" xlink:label="lab_us-gaap_CreditDerivativesContractTypeDomain_A359FC235DC3C9376F8EA2D11D960563" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Credit Derivatives Contract Type [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CreditDerivativesContractTypeDomain" xlink:label="loc_us-gaap_CreditDerivativesContractTypeDomain_A359FC235DC3C9376F8EA2D11D960563" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CreditDerivativesContractTypeDomain_A359FC235DC3C9376F8EA2D11D960563" xlink:to="lab_us-gaap_CreditDerivativesContractTypeDomain_A359FC235DC3C9376F8EA2D11D960563" xlink:type="arc"/>
<link:label id="lab_us-gaap_CreditDefaultSwapBuyingProtectionMember_6A5EB18CB1C78496AF74A2D1B87A2227_label_en-US" xlink:label="lab_us-gaap_CreditDefaultSwapBuyingProtectionMember_6A5EB18CB1C78496AF74A2D1B87A2227" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Credit Default Swap, Buying Protection [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CreditDefaultSwapBuyingProtectionMember" xlink:label="loc_us-gaap_CreditDefaultSwapBuyingProtectionMember_6A5EB18CB1C78496AF74A2D1B87A2227" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CreditDefaultSwapBuyingProtectionMember_6A5EB18CB1C78496AF74A2D1B87A2227" xlink:to="lab_us-gaap_CreditDefaultSwapBuyingProtectionMember_6A5EB18CB1C78496AF74A2D1B87A2227" xlink:type="arc"/>
<link:label id="lab_us-gaap_CreditDefaultSwapSellingProtectionMember_2FFEA3C6DC10402136BBA2D20553C7BA_label_en-US" xlink:label="lab_us-gaap_CreditDefaultSwapSellingProtectionMember_2FFEA3C6DC10402136BBA2D20553C7BA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Credit Default Swap, Selling Protection [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CreditDefaultSwapSellingProtectionMember" xlink:label="loc_us-gaap_CreditDefaultSwapSellingProtectionMember_2FFEA3C6DC10402136BBA2D20553C7BA" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CreditDefaultSwapSellingProtectionMember_2FFEA3C6DC10402136BBA2D20553C7BA" xlink:to="lab_us-gaap_CreditDefaultSwapSellingProtectionMember_2FFEA3C6DC10402136BBA2D20553C7BA" xlink:type="arc"/>
<link:label id="lab_us-gaap_HedgingDesignationAxis_F6AADA72789C3E612536A2DA5AAB605A_label_en-US" xlink:label="lab_us-gaap_HedgingDesignationAxis_F6AADA72789C3E612536A2DA5AAB605A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Hedging Designation [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_HedgingDesignationAxis" xlink:label="loc_us-gaap_HedgingDesignationAxis_F6AADA72789C3E612536A2DA5AAB605A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_HedgingDesignationAxis_F6AADA72789C3E612536A2DA5AAB605A" xlink:to="lab_us-gaap_HedgingDesignationAxis_F6AADA72789C3E612536A2DA5AAB605A" xlink:type="arc"/>
<link:label id="lab_us-gaap_HedgingDesignationDomain_30A21993736FF577A9D4A2DAA67A6A30_label_en-US" xlink:label="lab_us-gaap_HedgingDesignationDomain_30A21993736FF577A9D4A2DAA67A6A30" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Hedging Designation [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_HedgingDesignationDomain" xlink:label="loc_us-gaap_HedgingDesignationDomain_30A21993736FF577A9D4A2DAA67A6A30" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_HedgingDesignationDomain_30A21993736FF577A9D4A2DAA67A6A30" xlink:to="lab_us-gaap_HedgingDesignationDomain_30A21993736FF577A9D4A2DAA67A6A30" xlink:type="arc"/>
<link:label id="lab_us-gaap_DesignatedAsHedgingInstrumentMember_814D004B4C59ABA895D1A2DB0C80871E_label_en-US" xlink:label="lab_us-gaap_DesignatedAsHedgingInstrumentMember_814D004B4C59ABA895D1A2DB0C80871E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Designated as Hedging Instrument [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DesignatedAsHedgingInstrumentMember" xlink:label="loc_us-gaap_DesignatedAsHedgingInstrumentMember_814D004B4C59ABA895D1A2DB0C80871E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DesignatedAsHedgingInstrumentMember_814D004B4C59ABA895D1A2DB0C80871E" xlink:to="lab_us-gaap_DesignatedAsHedgingInstrumentMember_814D004B4C59ABA895D1A2DB0C80871E" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativesFairValueLineItems_A4C0756BB68341F10A74A0BE4F187474_label_en-US" xlink:label="lab_us-gaap_DerivativesFairValueLineItems_A4C0756BB68341F10A74A0BE4F187474" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivatives, Fair Value [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DerivativesFairValueLineItems" xlink:label="loc_us-gaap_DerivativesFairValueLineItems_A4C0756BB68341F10A74A0BE4F187474" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativesFairValueLineItems_A4C0756BB68341F10A74A0BE4F187474" xlink:to="lab_us-gaap_DerivativesFairValueLineItems_A4C0756BB68341F10A74A0BE4F187474" xlink:type="arc"/>
<link:label id="lab_us-gaap_NotionalAmountOfDerivativesAbstract_2FEB5D3BEACA0559C320A0BED96F9F9A_label_en-US" xlink:label="lab_us-gaap_NotionalAmountOfDerivativesAbstract_2FEB5D3BEACA0559C320A0BED96F9F9A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Notional Amount of Derivatives, [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_NotionalAmountOfDerivativesAbstract" xlink:label="loc_us-gaap_NotionalAmountOfDerivativesAbstract_2FEB5D3BEACA0559C320A0BED96F9F9A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NotionalAmountOfDerivativesAbstract_2FEB5D3BEACA0559C320A0BED96F9F9A" xlink:to="lab_us-gaap_NotionalAmountOfDerivativesAbstract_2FEB5D3BEACA0559C320A0BED96F9F9A" xlink:type="arc"/>
<link:label id="lab_us-gaap_NotionalAmountOfDerivatives_91AFD291814BF55070CD33C6D79D1DCA_terseLabel_en-US" xlink:label="lab_us-gaap_NotionalAmountOfDerivatives_91AFD291814BF55070CD33C6D79D1DCA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Notional Amount of Derivatives </link:label>
<link:label id="lab_us-gaap_NotionalAmountOfDerivatives_91AFD291814BF55070CD33C6D79D1DCA_label_en-US" xlink:label="lab_us-gaap_NotionalAmountOfDerivatives_91AFD291814BF55070CD33C6D79D1DCA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Notional Amount of Derivatives </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_NotionalAmountOfDerivatives" xlink:label="loc_us-gaap_NotionalAmountOfDerivatives_91AFD291814BF55070CD33C6D79D1DCA" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NotionalAmountOfDerivatives_91AFD291814BF55070CD33C6D79D1DCA" xlink:to="lab_us-gaap_NotionalAmountOfDerivatives_91AFD291814BF55070CD33C6D79D1DCA" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeAssetsAbstract_50A71B700328FC24EDACA0C01886EA42_label_en-US" xlink:label="lab_us-gaap_DerivativeAssetsAbstract_50A71B700328FC24EDACA0C01886EA42" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Assets [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DerivativeAssetsAbstract" xlink:label="loc_us-gaap_DerivativeAssetsAbstract_50A71B700328FC24EDACA0C01886EA42" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeAssetsAbstract_50A71B700328FC24EDACA0C01886EA42" xlink:to="lab_us-gaap_DerivativeAssetsAbstract_50A71B700328FC24EDACA0C01886EA42" xlink:type="arc"/>
<link:label id="lab_bac_GrossDerivativeAssetsTradingActivitiesAndAsEconomicHedges_E8A18371EC145CEB9551A0C0E48DD686_label_en-US" xlink:label="lab_bac_GrossDerivativeAssetsTradingActivitiesAndAsEconomicHedges_E8A18371EC145CEB9551A0C0E48DD686" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Gross Derivative Assets Trading Activities And As Economic Hedges </link:label>
<link:label id="lab_bac_GrossDerivativeAssetsTradingActivitiesAndAsEconomicHedges_E8A18371EC145CEB9551A0C0E48DD686_documentation_en-US" xlink:label="lab_bac_GrossDerivativeAssetsTradingActivitiesAndAsEconomicHedges_E8A18371EC145CEB9551A0C0E48DD686" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Derivatives designated as economic hedges are used to reduce certain risk exposure but are not accounted for as accounting hedges. Derivatives held for trading purposes are included in derivative assets or derivative liabilities with changes in fair value included in trading account profits (losses). Derivatives used as economic hedges are also included in derivative assets and derivative liabilities. Changes in the fair value of derivatives that serve as economic hedges of mortgage servicing rights, interest rate lock commitments and first mortgage loans held-for-sale that are originated are recorded in mortgage banking income. Changes in the fair value of derivatives that serve as asset and liability management economic hedges that do not qualify or were not designated as accounting hedges are recorded in other income (loss). </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_GrossDerivativeAssetsTradingActivitiesAndAsEconomicHedges" xlink:label="loc_bac_GrossDerivativeAssetsTradingActivitiesAndAsEconomicHedges_E8A18371EC145CEB9551A0C0E48DD686" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DerivativeFairValueOfDerivativeAsset_77C387B949807E74C1F3A2BAD71899B8_label_en-US" xlink:label="lab_us-gaap_DerivativeFairValueOfDerivativeAsset_77C387B949807E74C1F3A2BAD71899B8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Asset, Fair Value, Gross Asset </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeAsset" xlink:label="loc_us-gaap_DerivativeFairValueOfDerivativeAsset_77C387B949807E74C1F3A2BAD71899B8" xlink:type="locator"/>
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<link:label id="lab_bac_DerivativeAssetsLegallyEnforceableMasterNettingAgreements_C4883FE83153DF995FDCA2BA00D5090F_label_en-US" xlink:label="lab_bac_DerivativeAssetsLegallyEnforceableMasterNettingAgreements_C4883FE83153DF995FDCA2BA00D5090F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Assets Legally Enforceable Master Netting Agreements </link:label>
<link:label id="lab_bac_DerivativeAssetsLegallyEnforceableMasterNettingAgreements_C4883FE83153DF995FDCA2BA00D5090F_documentation_en-US" xlink:label="lab_bac_DerivativeAssetsLegallyEnforceableMasterNettingAgreements_C4883FE83153DF995FDCA2BA00D5090F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Impact of legally enforceable master netting agreements (e.g., ISDA agreements) that reduce risk by permitting the closeout and netting of transactions with the same counterparty upon the occurrence of certain events. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_DerivativeAssetsLegallyEnforceableMasterNettingAgreements" xlink:label="loc_bac_DerivativeAssetsLegallyEnforceableMasterNettingAgreements_C4883FE83153DF995FDCA2BA00D5090F" xlink:type="locator"/>
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<link:label id="lab_bac_DerivativeAssetsCashCollateralApplied_E2F3AAB2BEB902809BD1A2BA3BC573A7_label_en-US" xlink:label="lab_bac_DerivativeAssetsCashCollateralApplied_E2F3AAB2BEB902809BD1A2BA3BC573A7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Assets Cash Collateral Applied </link:label>
<link:label id="lab_bac_DerivativeAssetsCashCollateralApplied_E2F3AAB2BEB902809BD1A2BA3BC573A7_documentation_en-US" xlink:label="lab_bac_DerivativeAssetsCashCollateralApplied_E2F3AAB2BEB902809BD1A2BA3BC573A7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Offsetting of derivative asset balances versus cash collateral posted by the same counterparty under a master netting agreement. Cash collateral is netted against the applicable derivative at fair value. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_DerivativeAssetsCashCollateralApplied" xlink:label="loc_bac_DerivativeAssetsCashCollateralApplied_E2F3AAB2BEB902809BD1A2BA3BC573A7" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DerivativeAssets_F590286E6B302AECB9F7A2BC204780B4_totalLabel_en-US" xlink:label="lab_us-gaap_DerivativeAssets_F590286E6B302AECB9F7A2BC204780B4" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Derivative assets </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DerivativeAssets" xlink:label="loc_us-gaap_DerivativeAssets_F590286E6B302AECB9F7A2BC204780B4" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeAssets_F590286E6B302AECB9F7A2BC204780B4" xlink:to="lab_us-gaap_DerivativeAssets_F590286E6B302AECB9F7A2BC204780B4" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeLiabilitiesAbstract_1ADF806095CAFE022F63A2BDBBFD5FD8_label_en-US" xlink:label="lab_us-gaap_DerivativeLiabilitiesAbstract_1ADF806095CAFE022F63A2BDBBFD5FD8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Liabilities [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DerivativeLiabilitiesAbstract" xlink:label="loc_us-gaap_DerivativeLiabilitiesAbstract_1ADF806095CAFE022F63A2BDBBFD5FD8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeLiabilitiesAbstract_1ADF806095CAFE022F63A2BDBBFD5FD8" xlink:to="lab_us-gaap_DerivativeLiabilitiesAbstract_1ADF806095CAFE022F63A2BDBBFD5FD8" xlink:type="arc"/>
<link:label id="lab_bac_GrossDerivativeLiabilitiesTradingActivitiesAndAsEconomicHedges_4214736B056219001EA4A2BE171EAE10_label_en-US" xlink:label="lab_bac_GrossDerivativeLiabilitiesTradingActivitiesAndAsEconomicHedges_4214736B056219001EA4A2BE171EAE10" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Gross Derivative Liabilities Trading Activities And As Economic Hedges </link:label>
<link:label id="lab_bac_GrossDerivativeLiabilitiesTradingActivitiesAndAsEconomicHedges_4214736B056219001EA4A2BE171EAE10_documentation_en-US" xlink:label="lab_bac_GrossDerivativeLiabilitiesTradingActivitiesAndAsEconomicHedges_4214736B056219001EA4A2BE171EAE10" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Derivatives designated as economic hedges are used to reduce certain risk exposure but are not accounted for as accounting hedges. Derivatives held for trading purposes are included in derivative assets or derivative liabilities with changes in fair value included in trading account profits (losses). Derivatives used as economic hedges are also included in derivative assets and derivative liabilities. Changes in the fair value of derivatives that serve as economic hedges of mortgage servicing rights, interest rate lock commitments and first mortgage loans held-for-sale that are originated are recorded in mortgage banking income. Changes in the fair value of derivatives that serve as asset and liability management economic hedges that do not qualify or were not designated as accounting hedges are recorded in other income (loss). </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_GrossDerivativeLiabilitiesTradingActivitiesAndAsEconomicHedges" xlink:label="loc_bac_GrossDerivativeLiabilitiesTradingActivitiesAndAsEconomicHedges_4214736B056219001EA4A2BE171EAE10" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_GrossDerivativeLiabilitiesTradingActivitiesAndAsEconomicHedges_4214736B056219001EA4A2BE171EAE10" xlink:to="lab_bac_GrossDerivativeLiabilitiesTradingActivitiesAndAsEconomicHedges_4214736B056219001EA4A2BE171EAE10" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeFairValueOfDerivativeLiability_43EF2E7670DD924D3FD3A2BEE23617EE_label_en-US" xlink:label="lab_us-gaap_DerivativeFairValueOfDerivativeLiability_43EF2E7670DD924D3FD3A2BEE23617EE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Liability, Fair Value, Gross Liability </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeLiability" xlink:label="loc_us-gaap_DerivativeFairValueOfDerivativeLiability_43EF2E7670DD924D3FD3A2BEE23617EE" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeFairValueOfDerivativeLiability_43EF2E7670DD924D3FD3A2BEE23617EE" xlink:to="lab_us-gaap_DerivativeFairValueOfDerivativeLiability_43EF2E7670DD924D3FD3A2BEE23617EE" xlink:type="arc"/>
<link:label id="lab_bac_DerivativeLiabilitiesLegallyEnforceableMasterNettingAgreements_6EAFA633A9C651613E6EA2BE3F4E7DE9_label_en-US" xlink:label="lab_bac_DerivativeLiabilitiesLegallyEnforceableMasterNettingAgreements_6EAFA633A9C651613E6EA2BE3F4E7DE9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Liabilities Legally Enforceable Master Netting Agreements </link:label>
<link:label id="lab_bac_DerivativeLiabilitiesLegallyEnforceableMasterNettingAgreements_6EAFA633A9C651613E6EA2BE3F4E7DE9_documentation_en-US" xlink:label="lab_bac_DerivativeLiabilitiesLegallyEnforceableMasterNettingAgreements_6EAFA633A9C651613E6EA2BE3F4E7DE9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Impact of legally enforceable master netting agreements (e.g., ISDA agreements) that reduce risk by permitting the closeout and netting of transactions with the same counterparty upon the occurrence of certain events. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_DerivativeLiabilitiesLegallyEnforceableMasterNettingAgreements" xlink:label="loc_bac_DerivativeLiabilitiesLegallyEnforceableMasterNettingAgreements_6EAFA633A9C651613E6EA2BE3F4E7DE9" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_DerivativeLiabilitiesLegallyEnforceableMasterNettingAgreements_6EAFA633A9C651613E6EA2BE3F4E7DE9" xlink:to="lab_bac_DerivativeLiabilitiesLegallyEnforceableMasterNettingAgreements_6EAFA633A9C651613E6EA2BE3F4E7DE9" xlink:type="arc"/>
<link:label id="lab_bac_DerivativeLiabilitiesCashCollateralApplied_6C5A58BF5BA049F14A2AA2BEB75D1232_label_en-US" xlink:label="lab_bac_DerivativeLiabilitiesCashCollateralApplied_6C5A58BF5BA049F14A2AA2BEB75D1232" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Liabilities Cash Collateral Applied </link:label>
<link:label id="lab_bac_DerivativeLiabilitiesCashCollateralApplied_6C5A58BF5BA049F14A2AA2BEB75D1232_documentation_en-US" xlink:label="lab_bac_DerivativeLiabilitiesCashCollateralApplied_6C5A58BF5BA049F14A2AA2BEB75D1232" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Offsetting of derivative liability balances versus cash collateral posted by the same counterparty under a master netting agreement. Cash collateral is netted against the applicable derivative at fair value. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_DerivativeLiabilitiesCashCollateralApplied" xlink:label="loc_bac_DerivativeLiabilitiesCashCollateralApplied_6C5A58BF5BA049F14A2AA2BEB75D1232" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_DerivativeLiabilitiesCashCollateralApplied_6C5A58BF5BA049F14A2AA2BEB75D1232" xlink:to="lab_bac_DerivativeLiabilitiesCashCollateralApplied_6C5A58BF5BA049F14A2AA2BEB75D1232" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeLiabilities_B68482B099725894F2CDA2BF4BCA8CC6_totalLabel_en-US" xlink:label="lab_us-gaap_DerivativeLiabilities_B68482B099725894F2CDA2BF4BCA8CC6" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Derivative Liabilities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DerivativeLiabilities" xlink:label="loc_us-gaap_DerivativeLiabilities_B68482B099725894F2CDA2BF4BCA8CC6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeLiabilities_B68482B099725894F2CDA2BF4BCA8CC6" xlink:to="lab_us-gaap_DerivativeLiabilities_B68482B099725894F2CDA2BF4BCA8CC6" xlink:type="arc"/>
<link:label id="lab_bac_ExcludingInQualifyingAccountingHedgesLongTermDebtDesignatedAsHedgeOfForeignCurrencyRisk_B7F6A6C1298D4C3D1223A2C8D1027936_terseLabel_en-US" xlink:label="lab_bac_ExcludingInQualifyingAccountingHedgesLongTermDebtDesignatedAsHedgeOfForeignCurrencyRisk_B7F6A6C1298D4C3D1223A2C8D1027936" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Excluding in Qualifying Accounting Hedges, long Term debt designated as a hedge of foreign currency risk </link:label>
<link:label id="lab_bac_ExcludingInQualifyingAccountingHedgesLongTermDebtDesignatedAsHedgeOfForeignCurrencyRisk_B7F6A6C1298D4C3D1223A2C8D1027936_label_en-US" xlink:label="lab_bac_ExcludingInQualifyingAccountingHedgesLongTermDebtDesignatedAsHedgeOfForeignCurrencyRisk_B7F6A6C1298D4C3D1223A2C8D1027936" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Excluding in Qualifying Accounting Hedges, long Term debt designated as a hedge of foreign currency risk </link:label>
<link:label id="lab_bac_ExcludingInQualifyingAccountingHedgesLongTermDebtDesignatedAsHedgeOfForeignCurrencyRisk_B7F6A6C1298D4C3D1223A2C8D1027936_documentation_en-US" xlink:label="lab_bac_ExcludingInQualifyingAccountingHedgesLongTermDebtDesignatedAsHedgeOfForeignCurrencyRisk_B7F6A6C1298D4C3D1223A2C8D1027936" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This item represents long-term debt that was designated as a hedge of foreign currency risk that was excluded from total gross derivative assets and derivative liabilities that were designated as qualifying accounting hedges. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ExcludingInQualifyingAccountingHedgesLongTermDebtDesignatedAsHedgeOfForeignCurrencyRisk" xlink:label="loc_bac_ExcludingInQualifyingAccountingHedgesLongTermDebtDesignatedAsHedgeOfForeignCurrencyRisk_B7F6A6C1298D4C3D1223A2C8D1027936" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ExcludingInQualifyingAccountingHedgesLongTermDebtDesignatedAsHedgeOfForeignCurrencyRisk_B7F6A6C1298D4C3D1223A2C8D1027936" xlink:to="lab_bac_ExcludingInQualifyingAccountingHedgesLongTermDebtDesignatedAsHedgeOfForeignCurrencyRisk_B7F6A6C1298D4C3D1223A2C8D1027936" xlink:type="arc"/>
<link:label id="lab_us-gaap_LossContingenciesTable_095AA62C6F5ED625021FB5EE73238622_terseLabel_en-US" xlink:label="lab_us-gaap_LossContingenciesTable_095AA62C6F5ED625021FB5EE73238622" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loss Contingencies [Table] </link:label>
<link:label id="lab_us-gaap_LossContingenciesTable_095AA62C6F5ED625021FB5EE73238622_label_en-US" xlink:label="lab_us-gaap_LossContingenciesTable_095AA62C6F5ED625021FB5EE73238622" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loss Contingencies [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LossContingenciesTable" xlink:label="loc_us-gaap_LossContingenciesTable_095AA62C6F5ED625021FB5EE73238622" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LossContingenciesTable_095AA62C6F5ED625021FB5EE73238622" xlink:to="lab_us-gaap_LossContingenciesTable_095AA62C6F5ED625021FB5EE73238622" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValueOptionQuantitativeDisclosuresByEligibleItemOrGroupAxis_3E0F016CD8567764245F9B1BA092F9FF_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueOptionQuantitativeDisclosuresByEligibleItemOrGroupAxis_3E0F016CD8567764245F9B1BA092F9FF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, Option, Quantitative Disclosures, by Eligible Item or Group [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FairValueOptionQuantitativeDisclosuresByEligibleItemOrGroupAxis" xlink:label="loc_us-gaap_FairValueOptionQuantitativeDisclosuresByEligibleItemOrGroupAxis_3E0F016CD8567764245F9B1BA092F9FF" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueOptionQuantitativeDisclosuresByEligibleItemOrGroupAxis_3E0F016CD8567764245F9B1BA092F9FF" xlink:to="lab_us-gaap_FairValueOptionQuantitativeDisclosuresByEligibleItemOrGroupAxis_3E0F016CD8567764245F9B1BA092F9FF" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValueOptionEligibleItemOrGroupDomain_50B25B540BA7B311E2A89B1BA092CBAA_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueOptionEligibleItemOrGroupDomain_50B25B540BA7B311E2A89B1BA092CBAA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, Option, Eligible Item or Group [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FairValueOptionEligibleItemOrGroupDomain" xlink:label="loc_us-gaap_FairValueOptionEligibleItemOrGroupDomain_50B25B540BA7B311E2A89B1BA092CBAA" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueOptionEligibleItemOrGroupDomain_50B25B540BA7B311E2A89B1BA092CBAA" xlink:to="lab_us-gaap_FairValueOptionEligibleItemOrGroupDomain_50B25B540BA7B311E2A89B1BA092CBAA" xlink:type="arc"/>
<link:label id="lab_bac_UnfundedLoanCommitmentsMember_0FA79F814EBB9FB4B80E9B1BA2656A37_terseLabel_en-US" xlink:label="lab_bac_UnfundedLoanCommitmentsMember_0FA79F814EBB9FB4B80E9B1BA2656A37" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Unfunded loan commitments [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_UnfundedLoanCommitmentsMember" xlink:label="loc_bac_UnfundedLoanCommitmentsMember_0FA79F814EBB9FB4B80E9B1BA2656A37" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_UnfundedLoanCommitmentsMember_0FA79F814EBB9FB4B80E9B1BA2656A37" xlink:to="lab_bac_UnfundedLoanCommitmentsMember_0FA79F814EBB9FB4B80E9B1BA2656A37" xlink:type="arc"/>
<link:label id="lab_bac_LossContingencyPaymentAxis_BCB0755776CC551C37629B01A46D933B_terseLabel_en-US" xlink:label="lab_bac_LossContingencyPaymentAxis_BCB0755776CC551C37629B01A46D933B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loss Contingency Payment [Axis] </link:label>
<link:label id="lab_bac_LossContingencyPaymentAxis_BCB0755776CC551C37629B01A46D933B_label_en-US" xlink:label="lab_bac_LossContingencyPaymentAxis_BCB0755776CC551C37629B01A46D933B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loss Contingency Payment [Axis] </link:label>
<link:label id="lab_bac_LossContingencyPaymentAxis_BCB0755776CC551C37629B01A46D933B_documentation_en-US" xlink:label="lab_bac_LossContingencyPaymentAxis_BCB0755776CC551C37629B01A46D933B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Loss Contingency Payment [Axis] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_LossContingencyPaymentAxis" xlink:label="loc_bac_LossContingencyPaymentAxis_BCB0755776CC551C37629B01A46D933B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_LossContingencyPaymentAxis_BCB0755776CC551C37629B01A46D933B" xlink:to="lab_bac_LossContingencyPaymentAxis_BCB0755776CC551C37629B01A46D933B" xlink:type="arc"/>
<link:label id="lab_bac_LossContingencyPaymentDomain_7AED43BF4C67A524CA349B0264D8E4CB_terseLabel_en-US" xlink:label="lab_bac_LossContingencyPaymentDomain_7AED43BF4C67A524CA349B0264D8E4CB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loss Contingency Payment [Domain] </link:label>
<link:label id="lab_bac_LossContingencyPaymentDomain_7AED43BF4C67A524CA349B0264D8E4CB_label_en-US" xlink:label="lab_bac_LossContingencyPaymentDomain_7AED43BF4C67A524CA349B0264D8E4CB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loss Contingency Payment [Domain] </link:label>
<link:label id="lab_bac_LossContingencyPaymentDomain_7AED43BF4C67A524CA349B0264D8E4CB_documentation_en-US" xlink:label="lab_bac_LossContingencyPaymentDomain_7AED43BF4C67A524CA349B0264D8E4CB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Loss Contingency Payment [Domain] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_LossContingencyPaymentDomain" xlink:label="loc_bac_LossContingencyPaymentDomain_7AED43BF4C67A524CA349B0264D8E4CB" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_LossContingencyPaymentDomain_7AED43BF4C67A524CA349B0264D8E4CB" xlink:to="lab_bac_LossContingencyPaymentDomain_7AED43BF4C67A524CA349B0264D8E4CB" xlink:type="arc"/>
<link:label id="lab_bac_StateAndFederalGovernmentsAndBorrowerRestitutionMember_740150DDEF98E953F7AC9B03733F1667_terseLabel_en-US" xlink:label="lab_bac_StateAndFederalGovernmentsAndBorrowerRestitutionMember_740150DDEF98E953F7AC9B03733F1667" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> State and Federal Governments and Borrower Restitution [Member] </link:label>
<link:label id="lab_bac_StateAndFederalGovernmentsAndBorrowerRestitutionMember_740150DDEF98E953F7AC9B03733F1667_label_en-US" xlink:label="lab_bac_StateAndFederalGovernmentsAndBorrowerRestitutionMember_740150DDEF98E953F7AC9B03733F1667" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> State and Federal Governments and Borrower Restitution [Member] </link:label>
<link:label id="lab_bac_StateAndFederalGovernmentsAndBorrowerRestitutionMember_740150DDEF98E953F7AC9B03733F1667_documentation_en-US" xlink:label="lab_bac_StateAndFederalGovernmentsAndBorrowerRestitutionMember_740150DDEF98E953F7AC9B03733F1667" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> State and Federal Governments and Borrower Restitution [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_StateAndFederalGovernmentsAndBorrowerRestitutionMember" xlink:label="loc_bac_StateAndFederalGovernmentsAndBorrowerRestitutionMember_740150DDEF98E953F7AC9B03733F1667" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_StateAndFederalGovernmentsAndBorrowerRestitutionMember_740150DDEF98E953F7AC9B03733F1667" xlink:to="lab_bac_StateAndFederalGovernmentsAndBorrowerRestitutionMember_740150DDEF98E953F7AC9B03733F1667" xlink:type="arc"/>
<link:label id="lab_bac_BorrowerAssistanceMember_69CCCAB543CCF9E26B2F9B03EE1AF0E6_terseLabel_en-US" xlink:label="lab_bac_BorrowerAssistanceMember_69CCCAB543CCF9E26B2F9B03EE1AF0E6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Borrower Assistance [Member] </link:label>
<link:label id="lab_bac_BorrowerAssistanceMember_69CCCAB543CCF9E26B2F9B03EE1AF0E6_label_en-US" xlink:label="lab_bac_BorrowerAssistanceMember_69CCCAB543CCF9E26B2F9B03EE1AF0E6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Borrower Assistance [Member] </link:label>
<link:label id="lab_bac_BorrowerAssistanceMember_69CCCAB543CCF9E26B2F9B03EE1AF0E6_documentation_en-US" xlink:label="lab_bac_BorrowerAssistanceMember_69CCCAB543CCF9E26B2F9B03EE1AF0E6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Borrower Assistance [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_BorrowerAssistanceMember" xlink:label="loc_bac_BorrowerAssistanceMember_69CCCAB543CCF9E26B2F9B03EE1AF0E6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_BorrowerAssistanceMember_69CCCAB543CCF9E26B2F9B03EE1AF0E6" xlink:to="lab_bac_BorrowerAssistanceMember_69CCCAB543CCF9E26B2F9B03EE1AF0E6" xlink:type="arc"/>
<link:label id="lab_bac_RefinancingAssistanceMember_5C705B9D1CDFDB04F3A99B04716A344D_terseLabel_en-US" xlink:label="lab_bac_RefinancingAssistanceMember_5C705B9D1CDFDB04F3A99B04716A344D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Refinancing Assistance [Member] </link:label>
<link:label id="lab_bac_RefinancingAssistanceMember_5C705B9D1CDFDB04F3A99B04716A344D_label_en-US" xlink:label="lab_bac_RefinancingAssistanceMember_5C705B9D1CDFDB04F3A99B04716A344D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Refinancing Assistance [Member] </link:label>
<link:label id="lab_bac_RefinancingAssistanceMember_5C705B9D1CDFDB04F3A99B04716A344D_documentation_en-US" xlink:label="lab_bac_RefinancingAssistanceMember_5C705B9D1CDFDB04F3A99B04716A344D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Refinancing Assistance [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_RefinancingAssistanceMember" xlink:label="loc_bac_RefinancingAssistanceMember_5C705B9D1CDFDB04F3A99B04716A344D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_RefinancingAssistanceMember_5C705B9D1CDFDB04F3A99B04716A344D" xlink:to="lab_bac_RefinancingAssistanceMember_5C705B9D1CDFDB04F3A99B04716A344D" xlink:type="arc"/>
<link:label id="lab_us-gaap_LossContingenciesByNatureOfContingencyAxis_6F232EEA57B1A885BBEE9AB023FFBA41_terseLabel_en-US" xlink:label="lab_us-gaap_LossContingenciesByNatureOfContingencyAxis_6F232EEA57B1A885BBEE9AB023FFBA41" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loss Contingencies by Nature of Contingency [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LossContingenciesByNatureOfContingencyAxis" xlink:label="loc_us-gaap_LossContingenciesByNatureOfContingencyAxis_6F232EEA57B1A885BBEE9AB023FFBA41" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LossContingenciesByNatureOfContingencyAxis_6F232EEA57B1A885BBEE9AB023FFBA41" xlink:to="lab_us-gaap_LossContingenciesByNatureOfContingencyAxis_6F232EEA57B1A885BBEE9AB023FFBA41" xlink:type="arc"/>
<link:label id="lab_us-gaap_LossContingencyNatureDomain_2C9F29151DA200459DF89AB0271F00EB_terseLabel_en-US" xlink:label="lab_us-gaap_LossContingencyNatureDomain_2C9F29151DA200459DF89AB0271F00EB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loss Contingency, Nature [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LossContingencyNatureDomain" xlink:label="loc_us-gaap_LossContingencyNatureDomain_2C9F29151DA200459DF89AB0271F00EB" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LossContingencyNatureDomain_2C9F29151DA200459DF89AB0271F00EB" xlink:to="lab_us-gaap_LossContingencyNatureDomain_2C9F29151DA200459DF89AB0271F00EB" xlink:type="arc"/>
<link:label id="lab_us-gaap_PendingOrThreatenedLitigationMember_58A2FF5AA408302B81D19AB0798AF7DC_terseLabel_en-US" xlink:label="lab_us-gaap_PendingOrThreatenedLitigationMember_58A2FF5AA408302B81D19AB0798AF7DC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Pending or Threatened Litigation [Member] </link:label>
<link:label id="lab_us-gaap_PendingOrThreatenedLitigationMember_58A2FF5AA408302B81D19AB0798AF7DC_label_en-US" xlink:label="lab_us-gaap_PendingOrThreatenedLitigationMember_58A2FF5AA408302B81D19AB0798AF7DC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Pending or Threatened Litigation [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_PendingOrThreatenedLitigationMember" xlink:label="loc_us-gaap_PendingOrThreatenedLitigationMember_58A2FF5AA408302B81D19AB0798AF7DC" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PendingOrThreatenedLitigationMember_58A2FF5AA408302B81D19AB0798AF7DC" xlink:to="lab_us-gaap_PendingOrThreatenedLitigationMember_58A2FF5AA408302B81D19AB0798AF7DC" xlink:type="arc"/>
<link:label id="lab_bac_BankOfAmericaNAMember_11B8409240E889774A1A9AC4236A1ED3_terseLabel_en-US" xlink:label="lab_bac_BankOfAmericaNAMember_11B8409240E889774A1A9AC4236A1ED3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Bank of America, N.A. [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_BankOfAmericaNAMember" xlink:label="loc_bac_BankOfAmericaNAMember_11B8409240E889774A1A9AC4236A1ED3" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_BankOfAmericaNAMember_11B8409240E889774A1A9AC4236A1ED3" xlink:to="lab_bac_BankOfAmericaNAMember_11B8409240E889774A1A9AC4236A1ED3" xlink:type="arc"/>
<link:label id="lab_bac_MerrillLynchSubsidiariesMember_1B66AA5C9E488F9AD142E97228845681_label_en-US" xlink:label="lab_bac_MerrillLynchSubsidiariesMember_1B66AA5C9E488F9AD142E97228845681" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Merrill Lynch Subsidiaries [Member] </link:label>
<link:label id="lab_bac_MerrillLynchSubsidiariesMember_1B66AA5C9E488F9AD142E97228845681_documentation_en-US" xlink:label="lab_bac_MerrillLynchSubsidiariesMember_1B66AA5C9E488F9AD142E97228845681" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Subsidiaries of Merrill Lynch. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_MerrillLynchSubsidiariesMember" xlink:label="loc_bac_MerrillLynchSubsidiariesMember_1B66AA5C9E488F9AD142E97228845681" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_MerrillLynchSubsidiariesMember_1B66AA5C9E488F9AD142E97228845681" xlink:to="lab_bac_MerrillLynchSubsidiariesMember_1B66AA5C9E488F9AD142E97228845681" xlink:type="arc"/>
<link:label id="lab_us-gaap_RangeAxis_991C017361E525FAB35CE90CBB63D547_label_en-US" xlink:label="lab_us-gaap_RangeAxis_991C017361E525FAB35CE90CBB63D547" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Range [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_RangeAxis" xlink:label="loc_us-gaap_RangeAxis_991C017361E525FAB35CE90CBB63D547" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RangeAxis_991C017361E525FAB35CE90CBB63D547" xlink:to="lab_us-gaap_RangeAxis_991C017361E525FAB35CE90CBB63D547" xlink:type="arc"/>
<link:label id="lab_us-gaap_RangeMember_D1685E62B74404DE4CAAE90CC031ACF3_label_en-US" xlink:label="lab_us-gaap_RangeMember_D1685E62B74404DE4CAAE90CC031ACF3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Range [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_RangeMember" xlink:label="loc_us-gaap_RangeMember_D1685E62B74404DE4CAAE90CC031ACF3" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RangeMember_D1685E62B74404DE4CAAE90CC031ACF3" xlink:to="lab_us-gaap_RangeMember_D1685E62B74404DE4CAAE90CC031ACF3" xlink:type="arc"/>
<link:label id="lab_us-gaap_MaximumMember_7E429CC768833FA6B6FEE90D1127C2C5_label_en-US" xlink:label="lab_us-gaap_MaximumMember_7E429CC768833FA6B6FEE90D1127C2C5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Maximum [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_MaximumMember" xlink:label="loc_us-gaap_MaximumMember_7E429CC768833FA6B6FEE90D1127C2C5" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MaximumMember_7E429CC768833FA6B6FEE90D1127C2C5" xlink:to="lab_us-gaap_MaximumMember_7E429CC768833FA6B6FEE90D1127C2C5" xlink:type="arc"/>
<link:label id="lab_us-gaap_MinimumMember_F0F4247A8960F0A3E24A9AAF3AC09A06_terseLabel_en-US" xlink:label="lab_us-gaap_MinimumMember_F0F4247A8960F0A3E24A9AAF3AC09A06" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Minimum [Member] </link:label>
<link:label id="lab_us-gaap_MinimumMember_F0F4247A8960F0A3E24A9AAF3AC09A06_label_en-US" xlink:label="lab_us-gaap_MinimumMember_F0F4247A8960F0A3E24A9AAF3AC09A06" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Minimum [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_MinimumMember" xlink:label="loc_us-gaap_MinimumMember_F0F4247A8960F0A3E24A9AAF3AC09A06" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MinimumMember_F0F4247A8960F0A3E24A9AAF3AC09A06" xlink:to="lab_us-gaap_MinimumMember_F0F4247A8960F0A3E24A9AAF3AC09A06" xlink:type="arc"/>
<link:label id="lab_bac_GuaranteeLifeInsuranceBookValueProtectionDerivativeMember_7EFEC438F1FBCB08C098E91239C63DCD_label_en-US" xlink:label="lab_bac_GuaranteeLifeInsuranceBookValueProtectionDerivativeMember_7EFEC438F1FBCB08C098E91239C63DCD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Guarantee Life Insurance Book Value Protection Derivative [Member] </link:label>
<link:label id="lab_bac_GuaranteeLifeInsuranceBookValueProtectionDerivativeMember_7EFEC438F1FBCB08C098E91239C63DCD_documentation_en-US" xlink:label="lab_bac_GuaranteeLifeInsuranceBookValueProtectionDerivativeMember_7EFEC438F1FBCB08C098E91239C63DCD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Guaranteed products that offer book value protection to insurance carriers who offer group life insurance policies to corporations, which are treated as derivatives. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_GuaranteeLifeInsuranceBookValueProtectionDerivativeMember" xlink:label="loc_bac_GuaranteeLifeInsuranceBookValueProtectionDerivativeMember_7EFEC438F1FBCB08C098E91239C63DCD" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_GuaranteeLifeInsuranceBookValueProtectionDerivativeMember_7EFEC438F1FBCB08C098E91239C63DCD" xlink:to="lab_bac_GuaranteeLifeInsuranceBookValueProtectionDerivativeMember_7EFEC438F1FBCB08C098E91239C63DCD" xlink:type="arc"/>
<link:label id="lab_bac_GuaranteeEmployeeRetirementProtectionDerivativeMember_7CEFDBDC8D35C00A194AE920A0CC69BC_label_en-US" xlink:label="lab_bac_GuaranteeEmployeeRetirementProtectionDerivativeMember_7CEFDBDC8D35C00A194AE920A0CC69BC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Guarantee Employee Retirement Protection Derivative [Member] </link:label>
<link:label id="lab_bac_GuaranteeEmployeeRetirementProtectionDerivativeMember_7CEFDBDC8D35C00A194AE920A0CC69BC_documentation_en-US" xlink:label="lab_bac_GuaranteeEmployeeRetirementProtectionDerivativeMember_7CEFDBDC8D35C00A194AE920A0CC69BC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Guaranteed products that offer book value protection primarily to plan sponsors of Employee Retirement Income Security Act of 1974 (ERISA) governed pension plans, such as 401(k) plans and 457 plans, which are treated as derivatives. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_GuaranteeEmployeeRetirementProtectionDerivativeMember" xlink:label="loc_bac_GuaranteeEmployeeRetirementProtectionDerivativeMember_7CEFDBDC8D35C00A194AE920A0CC69BC" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_GuaranteeEmployeeRetirementProtectionDerivativeMember_7CEFDBDC8D35C00A194AE920A0CC69BC" xlink:to="lab_bac_GuaranteeEmployeeRetirementProtectionDerivativeMember_7CEFDBDC8D35C00A194AE920A0CC69BC" xlink:type="arc"/>
<link:label id="lab_bac_LetterOfCreditByTypeAxis_2E02F4D40225A0A75F67E8CA2474761B_label_en-US" xlink:label="lab_bac_LetterOfCreditByTypeAxis_2E02F4D40225A0A75F67E8CA2474761B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Letter of Credit by Type [Axis] </link:label>
<link:label id="lab_bac_LetterOfCreditByTypeAxis_2E02F4D40225A0A75F67E8CA2474761B_documentation_en-US" xlink:label="lab_bac_LetterOfCreditByTypeAxis_2E02F4D40225A0A75F67E8CA2474761B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Information of letter of credit by type. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_LetterOfCreditByTypeAxis" xlink:label="loc_bac_LetterOfCreditByTypeAxis_2E02F4D40225A0A75F67E8CA2474761B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_LetterOfCreditByTypeAxis_2E02F4D40225A0A75F67E8CA2474761B" xlink:to="lab_bac_LetterOfCreditByTypeAxis_2E02F4D40225A0A75F67E8CA2474761B" xlink:type="arc"/>
<link:label id="lab_bac_LetterOfCreditByTypeDomain_13782668C001DB5FFA5EE8CD452121C6_label_en-US" xlink:label="lab_bac_LetterOfCreditByTypeDomain_13782668C001DB5FFA5EE8CD452121C6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Letter of Credit by Type [Domain] </link:label>
<link:label id="lab_bac_LetterOfCreditByTypeDomain_13782668C001DB5FFA5EE8CD452121C6_documentation_en-US" xlink:label="lab_bac_LetterOfCreditByTypeDomain_13782668C001DB5FFA5EE8CD452121C6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents information of letter of credit by type. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_LetterOfCreditByTypeDomain" xlink:label="loc_bac_LetterOfCreditByTypeDomain_13782668C001DB5FFA5EE8CD452121C6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_LetterOfCreditByTypeDomain_13782668C001DB5FFA5EE8CD452121C6" xlink:to="lab_bac_LetterOfCreditByTypeDomain_13782668C001DB5FFA5EE8CD452121C6" xlink:type="arc"/>
<link:label id="lab_bac_ConsumerLetterOfCreditMember_DB831D4CEF9D5548DECCE8CB97E0D6D0_label_en-US" xlink:label="lab_bac_ConsumerLetterOfCreditMember_DB831D4CEF9D5548DECCE8CB97E0D6D0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Consumer Letter of Credit [Member] </link:label>
<link:label id="lab_bac_ConsumerLetterOfCreditMember_DB831D4CEF9D5548DECCE8CB97E0D6D0_documentation_en-US" xlink:label="lab_bac_ConsumerLetterOfCreditMember_DB831D4CEF9D5548DECCE8CB97E0D6D0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Consumer letter of credit. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ConsumerLetterOfCreditMember" xlink:label="loc_bac_ConsumerLetterOfCreditMember_DB831D4CEF9D5548DECCE8CB97E0D6D0" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ConsumerLetterOfCreditMember_DB831D4CEF9D5548DECCE8CB97E0D6D0" xlink:to="lab_bac_ConsumerLetterOfCreditMember_DB831D4CEF9D5548DECCE8CB97E0D6D0" xlink:type="arc"/>
<link:label id="lab_bac_OtherLetterOfCreditMember_1F9A0D2A8B709F99F8C7E8D3E38393F8_label_en-US" xlink:label="lab_bac_OtherLetterOfCreditMember_1F9A0D2A8B709F99F8C7E8D3E38393F8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Letter of Credit [Member] </link:label>
<link:label id="lab_bac_OtherLetterOfCreditMember_1F9A0D2A8B709F99F8C7E8D3E38393F8_documentation_en-US" xlink:label="lab_bac_OtherLetterOfCreditMember_1F9A0D2A8B709F99F8C7E8D3E38393F8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Other letter of credit. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_OtherLetterOfCreditMember" xlink:label="loc_bac_OtherLetterOfCreditMember_1F9A0D2A8B709F99F8C7E8D3E38393F8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_OtherLetterOfCreditMember_1F9A0D2A8B709F99F8C7E8D3E38393F8" xlink:to="lab_bac_OtherLetterOfCreditMember_1F9A0D2A8B709F99F8C7E8D3E38393F8" xlink:type="arc"/>
<link:label id="lab_bac_CommercialLetterOfCreditMember_17BD0DA04E251F93F65CE8DE415A4567_label_en-US" xlink:label="lab_bac_CommercialLetterOfCreditMember_17BD0DA04E251F93F65CE8DE415A4567" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Commercial Letter of Credit [Member] </link:label>
<link:label id="lab_bac_CommercialLetterOfCreditMember_17BD0DA04E251F93F65CE8DE415A4567_documentation_en-US" xlink:label="lab_bac_CommercialLetterOfCreditMember_17BD0DA04E251F93F65CE8DE415A4567" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Commercial letter of credit. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CommercialLetterOfCreditMember" xlink:label="loc_bac_CommercialLetterOfCreditMember_17BD0DA04E251F93F65CE8DE415A4567" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CommercialLetterOfCreditMember_17BD0DA04E251F93F65CE8DE415A4567" xlink:to="lab_bac_CommercialLetterOfCreditMember_17BD0DA04E251F93F65CE8DE415A4567" xlink:type="arc"/>
<link:label id="lab_us-gaap_GuaranteeObligationsByNatureAxis_53B82E12BD3E0C8CD725D84210D1632B_label_en-US" xlink:label="lab_us-gaap_GuaranteeObligationsByNatureAxis_53B82E12BD3E0C8CD725D84210D1632B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Guarantor Obligations by Nature [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_GuaranteeObligationsByNatureAxis" xlink:label="loc_us-gaap_GuaranteeObligationsByNatureAxis_53B82E12BD3E0C8CD725D84210D1632B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GuaranteeObligationsByNatureAxis_53B82E12BD3E0C8CD725D84210D1632B" xlink:to="lab_us-gaap_GuaranteeObligationsByNatureAxis_53B82E12BD3E0C8CD725D84210D1632B" xlink:type="arc"/>
<link:label id="lab_us-gaap_GuaranteeObligationsNatureDomain_1B8CEAC99BDD1F734EECD84212EA2A2D_label_en-US" xlink:label="lab_us-gaap_GuaranteeObligationsNatureDomain_1B8CEAC99BDD1F734EECD84212EA2A2D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Guarantor Obligations, Nature [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_GuaranteeObligationsNatureDomain" xlink:label="loc_us-gaap_GuaranteeObligationsNatureDomain_1B8CEAC99BDD1F734EECD84212EA2A2D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GuaranteeObligationsNatureDomain_1B8CEAC99BDD1F734EECD84212EA2A2D" xlink:to="lab_us-gaap_GuaranteeObligationsNatureDomain_1B8CEAC99BDD1F734EECD84212EA2A2D" xlink:type="arc"/>
<link:label id="lab_us-gaap_FinancialGuaranteeMember_30975302B949DB9A9E2FE91BB79CC207_label_en-US" xlink:label="lab_us-gaap_FinancialGuaranteeMember_30975302B949DB9A9E2FE91BB79CC207" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financial Guarantee [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FinancialGuaranteeMember" xlink:label="loc_us-gaap_FinancialGuaranteeMember_30975302B949DB9A9E2FE91BB79CC207" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancialGuaranteeMember_30975302B949DB9A9E2FE91BB79CC207" xlink:to="lab_us-gaap_FinancialGuaranteeMember_30975302B949DB9A9E2FE91BB79CC207" xlink:type="arc"/>
<link:label id="lab_bac_LoanCommitmentsMember_805CF4944AAF503491A7D844593FCE59_label_en-US" xlink:label="lab_bac_LoanCommitmentsMember_805CF4944AAF503491A7D844593FCE59" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loan Commitments [Member] </link:label>
<link:label id="lab_bac_LoanCommitmentsMember_805CF4944AAF503491A7D844593FCE59_documentation_en-US" xlink:label="lab_bac_LoanCommitmentsMember_805CF4944AAF503491A7D844593FCE59" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Commitment to extend credit for loans. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_LoanCommitmentsMember" xlink:label="loc_bac_LoanCommitmentsMember_805CF4944AAF503491A7D844593FCE59" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_LoanCommitmentsMember_805CF4944AAF503491A7D844593FCE59" xlink:to="lab_bac_LoanCommitmentsMember_805CF4944AAF503491A7D844593FCE59" xlink:type="arc"/>
<link:label id="lab_bac_FinancialStandbyLetterOfCreditAndFinancialGuaranteeMember_31E4463DBCD65F3C3E13D860D1D53FDB_label_en-US" xlink:label="lab_bac_FinancialStandbyLetterOfCreditAndFinancialGuaranteeMember_31E4463DBCD65F3C3E13D860D1D53FDB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financial Standby Letter Of Credit And Financial Guarantee [Member] </link:label>
<link:label id="lab_bac_FinancialStandbyLetterOfCreditAndFinancialGuaranteeMember_31E4463DBCD65F3C3E13D860D1D53FDB_documentation_en-US" xlink:label="lab_bac_FinancialStandbyLetterOfCreditAndFinancialGuaranteeMember_31E4463DBCD65F3C3E13D860D1D53FDB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents the sum of a) An irrevocable undertaking (typically by a financial institution) to guarantee payment of a specified financial obligation if defined events occur or fail to occur, and b) An agreement (contract) that requires the guarantor to make payments to the guaranteed party based on another entity's failure to pay specified obligations, such as debt, to a lender. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_FinancialStandbyLetterOfCreditAndFinancialGuaranteeMember" xlink:label="loc_bac_FinancialStandbyLetterOfCreditAndFinancialGuaranteeMember_31E4463DBCD65F3C3E13D860D1D53FDB" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_FinancialStandbyLetterOfCreditAndFinancialGuaranteeMember_31E4463DBCD65F3C3E13D860D1D53FDB" xlink:to="lab_bac_FinancialStandbyLetterOfCreditAndFinancialGuaranteeMember_31E4463DBCD65F3C3E13D860D1D53FDB" xlink:type="arc"/>
<link:label id="lab_us-gaap_LetterOfCreditMember_10863771A162D5DBC442D86258CC1CF9_label_en-US" xlink:label="lab_us-gaap_LetterOfCreditMember_10863771A162D5DBC442D86258CC1CF9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Letter of Credit [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LetterOfCreditMember" xlink:label="loc_us-gaap_LetterOfCreditMember_10863771A162D5DBC442D86258CC1CF9" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LetterOfCreditMember_10863771A162D5DBC442D86258CC1CF9" xlink:to="lab_us-gaap_LetterOfCreditMember_10863771A162D5DBC442D86258CC1CF9" xlink:type="arc"/>
<link:label id="lab_bac_LegallyBindingCommitmentsMember_82329434D4392DA330CDD87359B1FFA0_label_en-US" xlink:label="lab_bac_LegallyBindingCommitmentsMember_82329434D4392DA330CDD87359B1FFA0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Legally Binding Commitments [Member] </link:label>
<link:label id="lab_bac_LegallyBindingCommitmentsMember_82329434D4392DA330CDD87359B1FFA0_documentation_en-US" xlink:label="lab_bac_LegallyBindingCommitmentsMember_82329434D4392DA330CDD87359B1FFA0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Legally binding commitments. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_LegallyBindingCommitmentsMember" xlink:label="loc_bac_LegallyBindingCommitmentsMember_82329434D4392DA330CDD87359B1FFA0" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_LegallyBindingCommitmentsMember_82329434D4392DA330CDD87359B1FFA0" xlink:to="lab_bac_LegallyBindingCommitmentsMember_82329434D4392DA330CDD87359B1FFA0" xlink:type="arc"/>
<link:label id="lab_bac_CreditCardLinesMember_12DD2CE9EC04D0E4FAACD86AF5E2AFB8_label_en-US" xlink:label="lab_bac_CreditCardLinesMember_12DD2CE9EC04D0E4FAACD86AF5E2AFB8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Credit Card Lines [Member] </link:label>
<link:label id="lab_bac_CreditCardLinesMember_12DD2CE9EC04D0E4FAACD86AF5E2AFB8_documentation_en-US" xlink:label="lab_bac_CreditCardLinesMember_12DD2CE9EC04D0E4FAACD86AF5E2AFB8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Commitment to extend credit for credit cards. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CreditCardLinesMember" xlink:label="loc_bac_CreditCardLinesMember_12DD2CE9EC04D0E4FAACD86AF5E2AFB8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CreditCardLinesMember_12DD2CE9EC04D0E4FAACD86AF5E2AFB8" xlink:to="lab_bac_CreditCardLinesMember_12DD2CE9EC04D0E4FAACD86AF5E2AFB8" xlink:type="arc"/>
<link:label id="lab_us-gaap_GuaranteeTypeOtherMember_9AF2CC0ADCD8BBA1E804E96C8502D37F_label_en-US" xlink:label="lab_us-gaap_GuaranteeTypeOtherMember_9AF2CC0ADCD8BBA1E804E96C8502D37F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Guarantee Type, Other [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_GuaranteeTypeOtherMember" xlink:label="loc_us-gaap_GuaranteeTypeOtherMember_9AF2CC0ADCD8BBA1E804E96C8502D37F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GuaranteeTypeOtherMember_9AF2CC0ADCD8BBA1E804E96C8502D37F" xlink:to="lab_us-gaap_GuaranteeTypeOtherMember_9AF2CC0ADCD8BBA1E804E96C8502D37F" xlink:type="arc"/>
<link:label id="lab_us-gaap_PaymentGuaranteeMember_010C99EE73B4F8BE87BCE96EBD6E041C_label_en-US" xlink:label="lab_us-gaap_PaymentGuaranteeMember_010C99EE73B4F8BE87BCE96EBD6E041C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Payment Guarantee [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_PaymentGuaranteeMember" xlink:label="loc_us-gaap_PaymentGuaranteeMember_010C99EE73B4F8BE87BCE96EBD6E041C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentGuaranteeMember_010C99EE73B4F8BE87BCE96EBD6E041C" xlink:to="lab_us-gaap_PaymentGuaranteeMember_010C99EE73B4F8BE87BCE96EBD6E041C" xlink:type="arc"/>
<link:label id="lab_bac_CounterpartyAndContingencyInformationAxis_18FE4D03FEA85FC3910DE84EA22B5180_label_en-US" xlink:label="lab_bac_CounterpartyAndContingencyInformationAxis_18FE4D03FEA85FC3910DE84EA22B5180" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Counterparty and Contingency Information [Axis] </link:label>
<link:label id="lab_bac_CounterpartyAndContingencyInformationAxis_18FE4D03FEA85FC3910DE84EA22B5180_documentation_en-US" xlink:label="lab_bac_CounterpartyAndContingencyInformationAxis_18FE4D03FEA85FC3910DE84EA22B5180" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Counterparty and Contingency Information. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CounterpartyAndContingencyInformationAxis" xlink:label="loc_bac_CounterpartyAndContingencyInformationAxis_18FE4D03FEA85FC3910DE84EA22B5180" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CounterpartyAndContingencyInformationAxis_18FE4D03FEA85FC3910DE84EA22B5180" xlink:to="lab_bac_CounterpartyAndContingencyInformationAxis_18FE4D03FEA85FC3910DE84EA22B5180" xlink:type="arc"/>
<link:label id="lab_bac_CounterpartyAndContingencyInformationDomain_F1381A86CDCECCFB9EA2E84EA4A6E246_label_en-US" xlink:label="lab_bac_CounterpartyAndContingencyInformationDomain_F1381A86CDCECCFB9EA2E84EA4A6E246" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Counterparty and Contingency Information [Domain] </link:label>
<link:label id="lab_bac_CounterpartyAndContingencyInformationDomain_F1381A86CDCECCFB9EA2E84EA4A6E246_documentation_en-US" xlink:label="lab_bac_CounterpartyAndContingencyInformationDomain_F1381A86CDCECCFB9EA2E84EA4A6E246" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Counterparty and Contingency Information Domain. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CounterpartyAndContingencyInformationDomain" xlink:label="loc_bac_CounterpartyAndContingencyInformationDomain_F1381A86CDCECCFB9EA2E84EA4A6E246" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CounterpartyAndContingencyInformationDomain_F1381A86CDCECCFB9EA2E84EA4A6E246" xlink:to="lab_bac_CounterpartyAndContingencyInformationDomain_F1381A86CDCECCFB9EA2E84EA4A6E246" xlink:type="arc"/>
<link:label id="lab_naics_ZZ522110_D6F3DF7E455B809B6D8FE8503A3289FF_label_en-US" xlink:label="lab_naics_ZZ522110_D6F3DF7E455B809B6D8FE8503A3289FF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> 522110 Commercial Banking [Member] </link:label>
<link:loc xlink:href="http://xbrl.sec.gov/naics/2011/naics-2011-01-31.xsd#naics_ZZ522110" xlink:label="loc_naics_ZZ522110_D6F3DF7E455B809B6D8FE8503A3289FF" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_naics_ZZ522110_D6F3DF7E455B809B6D8FE8503A3289FF" xlink:to="lab_naics_ZZ522110_D6F3DF7E455B809B6D8FE8503A3289FF" xlink:type="arc"/>
<link:label id="lab_bac_SPEsMember_28D9D833BDB930198C8FB666A08186EA_label_en-US" xlink:label="lab_bac_SPEsMember_28D9D833BDB930198C8FB666A08186EA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> S P Es [Member] </link:label>
<link:label id="lab_bac_SPEsMember_28D9D833BDB930198C8FB666A08186EA_documentation_en-US" xlink:label="lab_bac_SPEsMember_28D9D833BDB930198C8FB666A08186EA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> SPEs Member. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_SPEsMember" xlink:label="loc_bac_SPEsMember_28D9D833BDB930198C8FB666A08186EA" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_SPEsMember_28D9D833BDB930198C8FB666A08186EA" xlink:to="lab_bac_SPEsMember_28D9D833BDB930198C8FB666A08186EA" xlink:type="arc"/>
<link:label id="lab_bac_AuctionRateSecuritiesLitigationMember_71ECBE525DDC4A862D3D9AB132208E99_terseLabel_en-US" xlink:label="lab_bac_AuctionRateSecuritiesLitigationMember_71ECBE525DDC4A862D3D9AB132208E99" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Auction Rate Securities Litigation [Member] </link:label>
<link:label id="lab_bac_AuctionRateSecuritiesLitigationMember_71ECBE525DDC4A862D3D9AB132208E99_label_en-US" xlink:label="lab_bac_AuctionRateSecuritiesLitigationMember_71ECBE525DDC4A862D3D9AB132208E99" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Auction Rate Securities Litigation [Member] </link:label>
<link:label id="lab_bac_AuctionRateSecuritiesLitigationMember_71ECBE525DDC4A862D3D9AB132208E99_documentation_en-US" xlink:label="lab_bac_AuctionRateSecuritiesLitigationMember_71ECBE525DDC4A862D3D9AB132208E99" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Auction Rate Securities Litigation [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_AuctionRateSecuritiesLitigationMember" xlink:label="loc_bac_AuctionRateSecuritiesLitigationMember_71ECBE525DDC4A862D3D9AB132208E99" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_AuctionRateSecuritiesLitigationMember_71ECBE525DDC4A862D3D9AB132208E99" xlink:to="lab_bac_AuctionRateSecuritiesLitigationMember_71ECBE525DDC4A862D3D9AB132208E99" xlink:type="arc"/>
<link:label id="lab_bac_CheckingAccountOverdraftLitigationMember_62F487463A5E359C4BE89AB3B8169722_terseLabel_en-US" xlink:label="lab_bac_CheckingAccountOverdraftLitigationMember_62F487463A5E359C4BE89AB3B8169722" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Checking Account Overdraft Litigation [Member] </link:label>
<link:label id="lab_bac_CheckingAccountOverdraftLitigationMember_62F487463A5E359C4BE89AB3B8169722_label_en-US" xlink:label="lab_bac_CheckingAccountOverdraftLitigationMember_62F487463A5E359C4BE89AB3B8169722" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Checking Account Overdraft Litigation [Member] </link:label>
<link:label id="lab_bac_CheckingAccountOverdraftLitigationMember_62F487463A5E359C4BE89AB3B8169722_documentation_en-US" xlink:label="lab_bac_CheckingAccountOverdraftLitigationMember_62F487463A5E359C4BE89AB3B8169722" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Checking Account Overdraft Litigation [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CheckingAccountOverdraftLitigationMember" xlink:label="loc_bac_CheckingAccountOverdraftLitigationMember_62F487463A5E359C4BE89AB3B8169722" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CheckingAccountOverdraftLitigationMember_62F487463A5E359C4BE89AB3B8169722" xlink:to="lab_bac_CheckingAccountOverdraftLitigationMember_62F487463A5E359C4BE89AB3B8169722" xlink:type="arc"/>
<link:label id="lab_bac_FinancialGuarantyInsuranceCompanyMember_5D756E5A502ECE9FBD789AB68D2F25D4_terseLabel_en-US" xlink:label="lab_bac_FinancialGuarantyInsuranceCompanyMember_5D756E5A502ECE9FBD789AB68D2F25D4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Financial Guaranty Insurance Company [Member] </link:label>
<link:label id="lab_bac_FinancialGuarantyInsuranceCompanyMember_5D756E5A502ECE9FBD789AB68D2F25D4_label_en-US" xlink:label="lab_bac_FinancialGuarantyInsuranceCompanyMember_5D756E5A502ECE9FBD789AB68D2F25D4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financial Guaranty Insurance Company [Member] </link:label>
<link:label id="lab_bac_FinancialGuarantyInsuranceCompanyMember_5D756E5A502ECE9FBD789AB68D2F25D4_documentation_en-US" xlink:label="lab_bac_FinancialGuarantyInsuranceCompanyMember_5D756E5A502ECE9FBD789AB68D2F25D4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Financial Guaranty Insurance Company [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_FinancialGuarantyInsuranceCompanyMember" xlink:label="loc_bac_FinancialGuarantyInsuranceCompanyMember_5D756E5A502ECE9FBD789AB68D2F25D4" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_FinancialGuarantyInsuranceCompanyMember_5D756E5A502ECE9FBD789AB68D2F25D4" xlink:to="lab_bac_FinancialGuarantyInsuranceCompanyMember_5D756E5A502ECE9FBD789AB68D2F25D4" xlink:type="arc"/>
<link:label id="lab_bac_FairLendingInvestigationMember_DBFF3048AC86EAD893309ABA101BA34A_terseLabel_en-US" xlink:label="lab_bac_FairLendingInvestigationMember_DBFF3048AC86EAD893309ABA101BA34A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Lending Investigation [Member] </link:label>
<link:label id="lab_bac_FairLendingInvestigationMember_DBFF3048AC86EAD893309ABA101BA34A_label_en-US" xlink:label="lab_bac_FairLendingInvestigationMember_DBFF3048AC86EAD893309ABA101BA34A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Lending Investigation [Member] </link:label>
<link:label id="lab_bac_FairLendingInvestigationMember_DBFF3048AC86EAD893309ABA101BA34A_documentation_en-US" xlink:label="lab_bac_FairLendingInvestigationMember_DBFF3048AC86EAD893309ABA101BA34A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Fair Lending Investigation [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_FairLendingInvestigationMember" xlink:label="loc_bac_FairLendingInvestigationMember_DBFF3048AC86EAD893309ABA101BA34A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_FairLendingInvestigationMember_DBFF3048AC86EAD893309ABA101BA34A" xlink:to="lab_bac_FairLendingInvestigationMember_DBFF3048AC86EAD893309ABA101BA34A" xlink:type="arc"/>
<link:label id="lab_bac_FontainebleauLasVegasLitigationMember_C4A964A44229B0EA87639AC31BD241ED_terseLabel_en-US" xlink:label="lab_bac_FontainebleauLasVegasLitigationMember_C4A964A44229B0EA87639AC31BD241ED" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fontainebleau Las Vegas Litigation [Member] </link:label>
<link:label id="lab_bac_FontainebleauLasVegasLitigationMember_C4A964A44229B0EA87639AC31BD241ED_label_en-US" xlink:label="lab_bac_FontainebleauLasVegasLitigationMember_C4A964A44229B0EA87639AC31BD241ED" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fontainebleau Las Vegas Litigation [Member] </link:label>
<link:label id="lab_bac_FontainebleauLasVegasLitigationMember_C4A964A44229B0EA87639AC31BD241ED_documentation_en-US" xlink:label="lab_bac_FontainebleauLasVegasLitigationMember_C4A964A44229B0EA87639AC31BD241ED" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Fontainebleau Las Vegas Litigation [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_FontainebleauLasVegasLitigationMember" xlink:label="loc_bac_FontainebleauLasVegasLitigationMember_C4A964A44229B0EA87639AC31BD241ED" xlink:type="locator"/>
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<link:label id="lab_bac_InterchangeAndRelatedLitigationMember_47FAC0833422B54F78149ACC9F550642_terseLabel_en-US" xlink:label="lab_bac_InterchangeAndRelatedLitigationMember_47FAC0833422B54F78149ACC9F550642" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Interchange and Related Litigation [Member] </link:label>
<link:label id="lab_bac_InterchangeAndRelatedLitigationMember_47FAC0833422B54F78149ACC9F550642_label_en-US" xlink:label="lab_bac_InterchangeAndRelatedLitigationMember_47FAC0833422B54F78149ACC9F550642" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interchange and Related Litigation [Member] </link:label>
<link:label id="lab_bac_InterchangeAndRelatedLitigationMember_47FAC0833422B54F78149ACC9F550642_documentation_en-US" xlink:label="lab_bac_InterchangeAndRelatedLitigationMember_47FAC0833422B54F78149ACC9F550642" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Interchange and Related Litigation [Member] </link:label>
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<link:label id="lab_bac_InterchangeAndRelatedLitigationVisaRelatedClaimsMember_B33B968324522B6048179ACF491CEEA7_terseLabel_en-US" xlink:label="lab_bac_InterchangeAndRelatedLitigationVisaRelatedClaimsMember_B33B968324522B6048179ACF491CEEA7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Interchange and Related Litigation - Visa Related Claims [Member] </link:label>
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<link:label id="lab_bac_InterchangeAndRelatedLitigationVisaRelatedClaimsMember_B33B968324522B6048179ACF491CEEA7_documentation_en-US" xlink:label="lab_bac_InterchangeAndRelatedLitigationVisaRelatedClaimsMember_B33B968324522B6048179ACF491CEEA7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Interchange and Related Litigation - Visa Related Claims [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_InterchangeAndRelatedLitigationVisaRelatedClaimsMember" xlink:label="loc_bac_InterchangeAndRelatedLitigationVisaRelatedClaimsMember_B33B968324522B6048179ACF491CEEA7" xlink:type="locator"/>
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<link:label id="lab_bac_InterchangeAndRelatedLitigationMastercardRelatedClaimsMember_A6CC02A41F11F0F933919AD021422442_terseLabel_en-US" xlink:label="lab_bac_InterchangeAndRelatedLitigationMastercardRelatedClaimsMember_A6CC02A41F11F0F933919AD021422442" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Interchange and Related Litigation - Mastercard Related Claims [Member] </link:label>
<link:label id="lab_bac_InterchangeAndRelatedLitigationMastercardRelatedClaimsMember_A6CC02A41F11F0F933919AD021422442_label_en-US" xlink:label="lab_bac_InterchangeAndRelatedLitigationMastercardRelatedClaimsMember_A6CC02A41F11F0F933919AD021422442" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interchange and Related Litigation - Mastercard Related Claims [Member] </link:label>
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<link:label id="lab_bac_InterchangeAndRelatedLitigationInternetworkRelatedClaimsMember_AB98578E88AD5F3061899AD176204CB3_documentation_en-US" xlink:label="lab_bac_InterchangeAndRelatedLitigationInternetworkRelatedClaimsMember_AB98578E88AD5F3061899AD176204CB3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Interchange and Related Litigation - Internetwork Related Claims [Member] </link:label>
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<link:label id="lab_bac_MerrillLynchAcquisitionRelatedMattersMember_FA130E5083BDA02E49C79ADE245DFC75_terseLabel_en-US" xlink:label="lab_bac_MerrillLynchAcquisitionRelatedMattersMember_FA130E5083BDA02E49C79ADE245DFC75" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Merrill Lynch Acquisition Related Matters [Member] </link:label>
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<link:label id="lab_bac_SecuritiesActionsMember_B45B51A9B43D4EC9DE609AE31691E3DC_terseLabel_en-US" xlink:label="lab_bac_SecuritiesActionsMember_B45B51A9B43D4EC9DE609AE31691E3DC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Securities Actions [Member] </link:label>
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<link:loc xlink:href="bac-20111231.xsd#bac_SecuritiesActionsMember" xlink:label="loc_bac_SecuritiesActionsMember_B45B51A9B43D4EC9DE609AE31691E3DC" xlink:type="locator"/>
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<link:label id="lab_bac_MontgomeryMember_E824484D0F2B5C45994A9AF0530E5E40_terseLabel_en-US" xlink:label="lab_bac_MontgomeryMember_E824484D0F2B5C45994A9AF0530E5E40" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Montgomery [Member] </link:label>
<link:label id="lab_bac_MontgomeryMember_E824484D0F2B5C45994A9AF0530E5E40_label_en-US" xlink:label="lab_bac_MontgomeryMember_E824484D0F2B5C45994A9AF0530E5E40" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Montgomery [Member] </link:label>
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<link:loc xlink:href="bac-20111231.xsd#bac_MontgomeryMember" xlink:label="loc_bac_MontgomeryMember_E824484D0F2B5C45994A9AF0530E5E40" xlink:type="locator"/>
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<link:label id="lab_bac_AigLitigationMember_29600B8DCCE9543E4BF49AF5113C8AB9_terseLabel_en-US" xlink:label="lab_bac_AigLitigationMember_29600B8DCCE9543E4BF49AF5113C8AB9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> AIG Litigation [Member] </link:label>
<link:label id="lab_bac_AigLitigationMember_29600B8DCCE9543E4BF49AF5113C8AB9_label_en-US" xlink:label="lab_bac_AigLitigationMember_29600B8DCCE9543E4BF49AF5113C8AB9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> AIG Litigation [Member] </link:label>
<link:label id="lab_bac_AigLitigationMember_29600B8DCCE9543E4BF49AF5113C8AB9_documentation_en-US" xlink:label="lab_bac_AigLitigationMember_29600B8DCCE9543E4BF49AF5113C8AB9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> AIG Litigation [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_AigLitigationMember" xlink:label="loc_bac_AigLitigationMember_29600B8DCCE9543E4BF49AF5113C8AB9" xlink:type="locator"/>
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<link:label id="lab_bac_LutherLitigationMember_742ECFFBE1CAD4CFFADC9AF94ACE692D_terseLabel_en-US" xlink:label="lab_bac_LutherLitigationMember_742ECFFBE1CAD4CFFADC9AF94ACE692D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Luther Litigation [Member] </link:label>
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<link:loc xlink:href="bac-20111231.xsd#bac_LutherLitigationMember" xlink:label="loc_bac_LutherLitigationMember_742ECFFBE1CAD4CFFADC9AF94ACE692D" xlink:type="locator"/>
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<link:label id="lab_bac_MortgageServicingInvestigationsMember_511885795AF4BCD582FE9B012696CADA_terseLabel_en-US" xlink:label="lab_bac_MortgageServicingInvestigationsMember_511885795AF4BCD582FE9B012696CADA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Mortgage Servicing Investigations [Member] </link:label>
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<link:loc xlink:href="bac-20111231.xsd#bac_MortgageServicingInvestigationsMember" xlink:label="loc_bac_MortgageServicingInvestigationsMember_511885795AF4BCD582FE9B012696CADA" xlink:type="locator"/>
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<link:label id="lab_bac_OcalaMember_830AA411A3C096C8F7B09B10628ACC78_terseLabel_en-US" xlink:label="lab_bac_OcalaMember_830AA411A3C096C8F7B09B10628ACC78" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Ocala [Member] </link:label>
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<link:label id="lab_us-gaap_PaymentAndPerformanceRiskCreditRatingAxis_3BD9A45BA434D1E01E47B5FE66114280_label_en-US" xlink:label="lab_us-gaap_PaymentAndPerformanceRiskCreditRatingAxis_3BD9A45BA434D1E01E47B5FE66114280" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Payment and Performance Risk (Credit Rating) [Axis] </link:label>
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<link:label id="lab_us-gaap_CreditRatingDomain_25CA7A76790DEC6F1717B5FE661262DB_label_en-US" xlink:label="lab_us-gaap_CreditRatingDomain_25CA7A76790DEC6F1717B5FE661262DB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Credit Rating [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CreditRatingDomain" xlink:label="loc_us-gaap_CreditRatingDomain_25CA7A76790DEC6F1717B5FE661262DB" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CreditRatingDomain_25CA7A76790DEC6F1717B5FE661262DB" xlink:to="lab_us-gaap_CreditRatingDomain_25CA7A76790DEC6F1717B5FE661262DB" xlink:type="arc"/>
<link:label id="lab_us-gaap_ExternalCreditRatingInvestmentGradeMember_2739210CFA8F9C459B82B5FE66A87407_label_en-US" xlink:label="lab_us-gaap_ExternalCreditRatingInvestmentGradeMember_2739210CFA8F9C459B82B5FE66A87407" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> External Credit Rating, Investment Grade [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ExternalCreditRatingInvestmentGradeMember" xlink:label="loc_us-gaap_ExternalCreditRatingInvestmentGradeMember_2739210CFA8F9C459B82B5FE66A87407" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ExternalCreditRatingInvestmentGradeMember_2739210CFA8F9C459B82B5FE66A87407" xlink:to="lab_us-gaap_ExternalCreditRatingInvestmentGradeMember_2739210CFA8F9C459B82B5FE66A87407" xlink:type="arc"/>
<link:label id="lab_us-gaap_ExternalCreditRatingNonInvestmentGradeMember_46413AB0A52F83F2B0E8B5FF4EFD7971_label_en-US" xlink:label="lab_us-gaap_ExternalCreditRatingNonInvestmentGradeMember_46413AB0A52F83F2B0E8B5FF4EFD7971" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> External Credit Rating, Non Investment Grade [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ExternalCreditRatingNonInvestmentGradeMember" xlink:label="loc_us-gaap_ExternalCreditRatingNonInvestmentGradeMember_46413AB0A52F83F2B0E8B5FF4EFD7971" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ExternalCreditRatingNonInvestmentGradeMember_46413AB0A52F83F2B0E8B5FF4EFD7971" xlink:to="lab_us-gaap_ExternalCreditRatingNonInvestmentGradeMember_46413AB0A52F83F2B0E8B5FF4EFD7971" xlink:type="arc"/>
<link:label id="lab_bac_NotionalAmountOfCreditExtensionCommitmentsWithinOneYear_A411A7924B4E240B0030E962809C3D29_terseLabel_en-US" xlink:label="lab_bac_NotionalAmountOfCreditExtensionCommitmentsWithinOneYear_A411A7924B4E240B0030E962809C3D29" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Expire in One Year or Less </link:label>
<link:label id="lab_bac_NotionalAmountOfCreditExtensionCommitmentsWithinOneYear_A411A7924B4E240B0030E962809C3D29_label_en-US" xlink:label="lab_bac_NotionalAmountOfCreditExtensionCommitmentsWithinOneYear_A411A7924B4E240B0030E962809C3D29" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Notional Amount Of Credit Extension Commitments Within One Year </link:label>
<link:label id="lab_bac_NotionalAmountOfCreditExtensionCommitmentsWithinOneYear_A411A7924B4E240B0030E962809C3D29_documentation_en-US" xlink:label="lab_bac_NotionalAmountOfCreditExtensionCommitmentsWithinOneYear_A411A7924B4E240B0030E962809C3D29" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents unfunded legally binding commitments, expiring within one year of the balance sheet date. Such commitments consist of the entity committing to lend a specified amount to named borrowers at a certain interest rate, during a certain period and, usually, for a certain purpose. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_NotionalAmountOfCreditExtensionCommitmentsWithinOneYear" xlink:label="loc_bac_NotionalAmountOfCreditExtensionCommitmentsWithinOneYear_A411A7924B4E240B0030E962809C3D29" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_NotionalAmountOfCreditExtensionCommitmentsWithinOneYear_A411A7924B4E240B0030E962809C3D29" xlink:to="lab_bac_NotionalAmountOfCreditExtensionCommitmentsWithinOneYear_A411A7924B4E240B0030E962809C3D29" xlink:type="arc"/>
<link:label id="lab_bac_NotionalAmountOfCreditExtensionCommitmentsAfterOneYearThroughThreeYears_B4CD433DBD8E2CD60DFFD87F4C8E77FA_terseLabel_en-US" xlink:label="lab_bac_NotionalAmountOfCreditExtensionCommitmentsAfterOneYearThroughThreeYears_B4CD433DBD8E2CD60DFFD87F4C8E77FA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Expire After One Year Through Three Years </link:label>
<link:label id="lab_bac_NotionalAmountOfCreditExtensionCommitmentsAfterOneYearThroughThreeYears_B4CD433DBD8E2CD60DFFD87F4C8E77FA_label_en-US" xlink:label="lab_bac_NotionalAmountOfCreditExtensionCommitmentsAfterOneYearThroughThreeYears_B4CD433DBD8E2CD60DFFD87F4C8E77FA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Notional Amount Of Credit Extension Commitments After One Year Through Three Years </link:label>
<link:label id="lab_bac_NotionalAmountOfCreditExtensionCommitmentsAfterOneYearThroughThreeYears_B4CD433DBD8E2CD60DFFD87F4C8E77FA_documentation_en-US" xlink:label="lab_bac_NotionalAmountOfCreditExtensionCommitmentsAfterOneYearThroughThreeYears_B4CD433DBD8E2CD60DFFD87F4C8E77FA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents unfunded legally binding commitments, expiring after one year through three years of the balance sheet date. Such commitments consist of the entity committing to lend a specified amount to named borrowers at a certain interest rate, during a certain period and, usually, for a certain purpose. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_NotionalAmountOfCreditExtensionCommitmentsAfterOneYearThroughThreeYears" xlink:label="loc_bac_NotionalAmountOfCreditExtensionCommitmentsAfterOneYearThroughThreeYears_B4CD433DBD8E2CD60DFFD87F4C8E77FA" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_NotionalAmountOfCreditExtensionCommitmentsAfterOneYearThroughThreeYears_B4CD433DBD8E2CD60DFFD87F4C8E77FA" xlink:to="lab_bac_NotionalAmountOfCreditExtensionCommitmentsAfterOneYearThroughThreeYears_B4CD433DBD8E2CD60DFFD87F4C8E77FA" xlink:type="arc"/>
<link:label id="lab_bac_NotionalAmountOfCreditExtensionCommitmentsAfterThreeYearsThroughFiveYears_CD1CDAAEA7E97ECD2CF3D885368C0540_terseLabel_en-US" xlink:label="lab_bac_NotionalAmountOfCreditExtensionCommitmentsAfterThreeYearsThroughFiveYears_CD1CDAAEA7E97ECD2CF3D885368C0540" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Expire After Three Years Through Five Years </link:label>
<link:label id="lab_bac_NotionalAmountOfCreditExtensionCommitmentsAfterThreeYearsThroughFiveYears_CD1CDAAEA7E97ECD2CF3D885368C0540_label_en-US" xlink:label="lab_bac_NotionalAmountOfCreditExtensionCommitmentsAfterThreeYearsThroughFiveYears_CD1CDAAEA7E97ECD2CF3D885368C0540" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Notional Amount Of Credit Extension Commitments After Three Years Through Five Years </link:label>
<link:label id="lab_bac_NotionalAmountOfCreditExtensionCommitmentsAfterThreeYearsThroughFiveYears_CD1CDAAEA7E97ECD2CF3D885368C0540_documentation_en-US" xlink:label="lab_bac_NotionalAmountOfCreditExtensionCommitmentsAfterThreeYearsThroughFiveYears_CD1CDAAEA7E97ECD2CF3D885368C0540" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents unfunded legally binding commitments, expiring after three years through five years of the balance sheet date. Such commitments consist of the entity committing to lend a specified amount to named borrowers at a certain interest rate, during a certain period and, usually, for a certain purpose. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_NotionalAmountOfCreditExtensionCommitmentsAfterThreeYearsThroughFiveYears" xlink:label="loc_bac_NotionalAmountOfCreditExtensionCommitmentsAfterThreeYearsThroughFiveYears_CD1CDAAEA7E97ECD2CF3D885368C0540" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_NotionalAmountOfCreditExtensionCommitmentsAfterThreeYearsThroughFiveYears_CD1CDAAEA7E97ECD2CF3D885368C0540" xlink:to="lab_bac_NotionalAmountOfCreditExtensionCommitmentsAfterThreeYearsThroughFiveYears_CD1CDAAEA7E97ECD2CF3D885368C0540" xlink:type="arc"/>
<link:label id="lab_bac_NotionalAmountOfCreditExtensionCommitmentsAfterFiveYears_655F1AFD49DDD2E13C3BD88FDAF45F12_terseLabel_en-US" xlink:label="lab_bac_NotionalAmountOfCreditExtensionCommitmentsAfterFiveYears_655F1AFD49DDD2E13C3BD88FDAF45F12" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Expire After Five Years </link:label>
<link:label id="lab_bac_NotionalAmountOfCreditExtensionCommitmentsAfterFiveYears_655F1AFD49DDD2E13C3BD88FDAF45F12_label_en-US" xlink:label="lab_bac_NotionalAmountOfCreditExtensionCommitmentsAfterFiveYears_655F1AFD49DDD2E13C3BD88FDAF45F12" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Notional Amount Of Credit Extension Commitments After Five Years </link:label>
<link:label id="lab_bac_NotionalAmountOfCreditExtensionCommitmentsAfterFiveYears_655F1AFD49DDD2E13C3BD88FDAF45F12_documentation_en-US" xlink:label="lab_bac_NotionalAmountOfCreditExtensionCommitmentsAfterFiveYears_655F1AFD49DDD2E13C3BD88FDAF45F12" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents unfunded legally binding commitments, expiring after five years of the balance sheet date. Such commitments consist of the entity committing to lend a specified amount to named borrowers at a certain interest rate, during a certain period and, usually, for a certain purpose. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_NotionalAmountOfCreditExtensionCommitmentsAfterFiveYears" xlink:label="loc_bac_NotionalAmountOfCreditExtensionCommitmentsAfterFiveYears_655F1AFD49DDD2E13C3BD88FDAF45F12" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_NotionalAmountOfCreditExtensionCommitmentsAfterFiveYears_655F1AFD49DDD2E13C3BD88FDAF45F12" xlink:to="lab_bac_NotionalAmountOfCreditExtensionCommitmentsAfterFiveYears_655F1AFD49DDD2E13C3BD88FDAF45F12" xlink:type="arc"/>
<link:label id="lab_bac_NotionalAmountOfCreditExtensionCommitments_335447143FDFD838CC5ED8989DEA7386_totalLabel_en-US" xlink:label="lab_bac_NotionalAmountOfCreditExtensionCommitments_335447143FDFD838CC5ED8989DEA7386" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Notional Amount Of Credit Extension Commitments </link:label>
<link:label id="lab_bac_NotionalAmountOfCreditExtensionCommitments_335447143FDFD838CC5ED8989DEA7386_label_en-US" xlink:label="lab_bac_NotionalAmountOfCreditExtensionCommitments_335447143FDFD838CC5ED8989DEA7386" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Notional Amount Of Credit Extension Commitments </link:label>
<link:label id="lab_bac_NotionalAmountOfCreditExtensionCommitments_335447143FDFD838CC5ED8989DEA7386_documentation_en-US" xlink:label="lab_bac_NotionalAmountOfCreditExtensionCommitments_335447143FDFD838CC5ED8989DEA7386" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents unfunded legally binding commitments. Such commitments consist of the entity committing to lend a specified amount to named borrowers at a certain interest rate, during a certain period and, usually, for a certain purpose. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_NotionalAmountOfCreditExtensionCommitments" xlink:label="loc_bac_NotionalAmountOfCreditExtensionCommitments_335447143FDFD838CC5ED8989DEA7386" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_NotionalAmountOfCreditExtensionCommitments_335447143FDFD838CC5ED8989DEA7386" xlink:to="lab_bac_NotionalAmountOfCreditExtensionCommitments_335447143FDFD838CC5ED8989DEA7386" xlink:type="arc"/>
<link:label id="lab_bac_NotionalAmountOfSblcsAndFinancialGuarantees_8BEA422B955EE9AE68A1B5FE65D31D86_terseLabel_en-US" xlink:label="lab_bac_NotionalAmountOfSblcsAndFinancialGuarantees_8BEA422B955EE9AE68A1B5FE65D31D86" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Notional amount of Sblcs and financial guarantees </link:label>
<link:label id="lab_bac_NotionalAmountOfSblcsAndFinancialGuarantees_8BEA422B955EE9AE68A1B5FE65D31D86_label_en-US" xlink:label="lab_bac_NotionalAmountOfSblcsAndFinancialGuarantees_8BEA422B955EE9AE68A1B5FE65D31D86" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Notional amount of Sblcs and financial guarantees </link:label>
<link:label id="lab_bac_NotionalAmountOfSblcsAndFinancialGuarantees_8BEA422B955EE9AE68A1B5FE65D31D86_documentation_en-US" xlink:label="lab_bac_NotionalAmountOfSblcsAndFinancialGuarantees_8BEA422B955EE9AE68A1B5FE65D31D86" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Notional amount of SBLCs and financial guarantees. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_NotionalAmountOfSblcsAndFinancialGuarantees" xlink:label="loc_bac_NotionalAmountOfSblcsAndFinancialGuarantees_8BEA422B955EE9AE68A1B5FE65D31D86" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_NotionalAmountOfSblcsAndFinancialGuarantees_8BEA422B955EE9AE68A1B5FE65D31D86" xlink:to="lab_bac_NotionalAmountOfSblcsAndFinancialGuarantees_8BEA422B955EE9AE68A1B5FE65D31D86" xlink:type="arc"/>
<link:label id="lab_bac_CreditExtensionCommitmentsAbstract_50892EF1F775259F330BB60D8206D72E_label_en-US" xlink:label="lab_bac_CreditExtensionCommitmentsAbstract_50892EF1F775259F330BB60D8206D72E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Credit Extension Commitments [Abstract] </link:label>
<link:label id="lab_bac_CreditExtensionCommitmentsAbstract_50892EF1F775259F330BB60D8206D72E_documentation_en-US" xlink:label="lab_bac_CreditExtensionCommitmentsAbstract_50892EF1F775259F330BB60D8206D72E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Credit Extension Commitments. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CreditExtensionCommitmentsAbstract" xlink:label="loc_bac_CreditExtensionCommitmentsAbstract_50892EF1F775259F330BB60D8206D72E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CreditExtensionCommitmentsAbstract_50892EF1F775259F330BB60D8206D72E" xlink:to="lab_bac_CreditExtensionCommitmentsAbstract_50892EF1F775259F330BB60D8206D72E" xlink:type="arc"/>
<link:label id="lab_bac_LegallyBindingUnfundedCommitmentsSyndicated_60EF5BF2F200CBF16DDE98D500DEA908_terseLabel_en-US" xlink:label="lab_bac_LegallyBindingUnfundedCommitmentsSyndicated_60EF5BF2F200CBF16DDE98D500DEA908" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Legally Binding Unfunded Commitments Syndicated </link:label>
<link:label id="lab_bac_LegallyBindingUnfundedCommitmentsSyndicated_60EF5BF2F200CBF16DDE98D500DEA908_label_en-US" xlink:label="lab_bac_LegallyBindingUnfundedCommitmentsSyndicated_60EF5BF2F200CBF16DDE98D500DEA908" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Legally Binding Unfunded Commitments Syndicated </link:label>
<link:label id="lab_bac_LegallyBindingUnfundedCommitmentsSyndicated_60EF5BF2F200CBF16DDE98D500DEA908_documentation_en-US" xlink:label="lab_bac_LegallyBindingUnfundedCommitmentsSyndicated_60EF5BF2F200CBF16DDE98D500DEA908" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Legally binding unfunded commitments distributed to other financial institutions. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_LegallyBindingUnfundedCommitmentsSyndicated" xlink:label="loc_bac_LegallyBindingUnfundedCommitmentsSyndicated_60EF5BF2F200CBF16DDE98D500DEA908" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_LegallyBindingUnfundedCommitmentsSyndicated_60EF5BF2F200CBF16DDE98D500DEA908" xlink:to="lab_bac_LegallyBindingUnfundedCommitmentsSyndicated_60EF5BF2F200CBF16DDE98D500DEA908" xlink:type="arc"/>
<link:label id="lab_bac_CarryingAmountCreditExtensionCommitmentsSyndicated_CE4AF69D64B7EEFEF171B5F13EEF0480_terseLabel_en-US" xlink:label="lab_bac_CarryingAmountCreditExtensionCommitmentsSyndicated_CE4AF69D64B7EEFEF171B5F13EEF0480" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Carrying Amount Credit Extension Commitments Syndicated </link:label>
<link:label id="lab_bac_CarryingAmountCreditExtensionCommitmentsSyndicated_CE4AF69D64B7EEFEF171B5F13EEF0480_label_en-US" xlink:label="lab_bac_CarryingAmountCreditExtensionCommitmentsSyndicated_CE4AF69D64B7EEFEF171B5F13EEF0480" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Carrying Amount Credit Extension Commitments Syndicated </link:label>
<link:label id="lab_bac_CarryingAmountCreditExtensionCommitmentsSyndicated_CE4AF69D64B7EEFEF171B5F13EEF0480_documentation_en-US" xlink:label="lab_bac_CarryingAmountCreditExtensionCommitmentsSyndicated_CE4AF69D64B7EEFEF171B5F13EEF0480" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the carrying amount of legally binding unfunded lending commitments, excluding commitments accounted for under the fair value option, that have been distributed to other financial institutions. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CarryingAmountCreditExtensionCommitmentsSyndicated" xlink:label="loc_bac_CarryingAmountCreditExtensionCommitmentsSyndicated_CE4AF69D64B7EEFEF171B5F13EEF0480" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CarryingAmountCreditExtensionCommitmentsSyndicated_CE4AF69D64B7EEFEF171B5F13EEF0480" xlink:to="lab_bac_CarryingAmountCreditExtensionCommitmentsSyndicated_CE4AF69D64B7EEFEF171B5F13EEF0480" xlink:type="arc"/>
<link:label id="lab_bac_DeferredRevenueRelatedToBindingUnfundedLendingCommitments_5A17F7A8EE864337543FB5F1D9725AC7_terseLabel_en-US" xlink:label="lab_bac_DeferredRevenueRelatedToBindingUnfundedLendingCommitments_5A17F7A8EE864337543FB5F1D9725AC7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Deferred revenue related to binding unfunded lending commitments </link:label>
<link:label id="lab_bac_DeferredRevenueRelatedToBindingUnfundedLendingCommitments_5A17F7A8EE864337543FB5F1D9725AC7_label_en-US" xlink:label="lab_bac_DeferredRevenueRelatedToBindingUnfundedLendingCommitments_5A17F7A8EE864337543FB5F1D9725AC7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Deferred revenue related to binding unfunded lending commitments </link:label>
<link:label id="lab_bac_DeferredRevenueRelatedToBindingUnfundedLendingCommitments_5A17F7A8EE864337543FB5F1D9725AC7_documentation_en-US" xlink:label="lab_bac_DeferredRevenueRelatedToBindingUnfundedLendingCommitments_5A17F7A8EE864337543FB5F1D9725AC7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the deferred revenue related to binding unfunded lending commitments. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_DeferredRevenueRelatedToBindingUnfundedLendingCommitments" xlink:label="loc_bac_DeferredRevenueRelatedToBindingUnfundedLendingCommitments_5A17F7A8EE864337543FB5F1D9725AC7" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_DeferredRevenueRelatedToBindingUnfundedLendingCommitments_5A17F7A8EE864337543FB5F1D9725AC7" xlink:to="lab_bac_DeferredRevenueRelatedToBindingUnfundedLendingCommitments_5A17F7A8EE864337543FB5F1D9725AC7" xlink:type="arc"/>
<link:label id="lab_bac_ReserveForCreditExtensionCommitmentsSyndicated_6BE837056FBB8A3F037EB5F30F6D1748_terseLabel_en-US" xlink:label="lab_bac_ReserveForCreditExtensionCommitmentsSyndicated_6BE837056FBB8A3F037EB5F30F6D1748" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Reserve For Credit Extension Commitments Syndicated </link:label>
<link:label id="lab_bac_ReserveForCreditExtensionCommitmentsSyndicated_6BE837056FBB8A3F037EB5F30F6D1748_label_en-US" xlink:label="lab_bac_ReserveForCreditExtensionCommitmentsSyndicated_6BE837056FBB8A3F037EB5F30F6D1748" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Reserve For Credit Extension Commitments Syndicated </link:label>
<link:label id="lab_bac_ReserveForCreditExtensionCommitmentsSyndicated_6BE837056FBB8A3F037EB5F30F6D1748_documentation_en-US" xlink:label="lab_bac_ReserveForCreditExtensionCommitmentsSyndicated_6BE837056FBB8A3F037EB5F30F6D1748" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> The reserve for unfunded lending commitments, that have been distributed to other financial institutions, which represents estimated probable credit losses. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ReserveForCreditExtensionCommitmentsSyndicated" xlink:label="loc_bac_ReserveForCreditExtensionCommitmentsSyndicated_6BE837056FBB8A3F037EB5F30F6D1748" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ReserveForCreditExtensionCommitmentsSyndicated_6BE837056FBB8A3F037EB5F30F6D1748" xlink:to="lab_bac_ReserveForCreditExtensionCommitmentsSyndicated_6BE837056FBB8A3F037EB5F30F6D1748" xlink:type="arc"/>
<link:label id="lab_bac_NotionalAmountOfCreditExtensionCommitmentsUnderFairValueOption_FA7CB5E2F78B99AC0252B5F612ADBDBF_terseLabel_en-US" xlink:label="lab_bac_NotionalAmountOfCreditExtensionCommitmentsUnderFairValueOption_FA7CB5E2F78B99AC0252B5F612ADBDBF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Notional Amount Of Credit Extension Commitments Under Fair Value Option </link:label>
<link:label id="lab_bac_NotionalAmountOfCreditExtensionCommitmentsUnderFairValueOption_FA7CB5E2F78B99AC0252B5F612ADBDBF_label_en-US" xlink:label="lab_bac_NotionalAmountOfCreditExtensionCommitmentsUnderFairValueOption_FA7CB5E2F78B99AC0252B5F612ADBDBF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Notional Amount Of Credit Extension Commitments Under Fair Value Option </link:label>
<link:label id="lab_bac_NotionalAmountOfCreditExtensionCommitmentsUnderFairValueOption_FA7CB5E2F78B99AC0252B5F612ADBDBF_documentation_en-US" xlink:label="lab_bac_NotionalAmountOfCreditExtensionCommitmentsUnderFairValueOption_FA7CB5E2F78B99AC0252B5F612ADBDBF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the notional amount of commitments to extend credit which are accounted for under the fair value option. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_NotionalAmountOfCreditExtensionCommitmentsUnderFairValueOption" xlink:label="loc_bac_NotionalAmountOfCreditExtensionCommitmentsUnderFairValueOption_FA7CB5E2F78B99AC0252B5F612ADBDBF" xlink:type="locator"/>
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<link:label id="lab_bac_FairValueCarryingAmountLiabilities_F2E466D82A92B1DBA613B5EE782F08A2_terseLabel_en-US" xlink:label="lab_bac_FairValueCarryingAmountLiabilities_F2E466D82A92B1DBA613B5EE782F08A2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value Carrying Amount Liabilities </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_FairValueCarryingAmountLiabilities" xlink:label="loc_bac_FairValueCarryingAmountLiabilities_F2E466D82A92B1DBA613B5EE782F08A2" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_FairValueCarryingAmountLiabilities_F2E466D82A92B1DBA613B5EE782F08A2" xlink:to="lab_bac_FairValueCarryingAmountLiabilities_F2E466D82A92B1DBA613B5EE782F08A2" xlink:type="arc"/>
<link:label id="lab_bac_UnfundedEquityInvestmentCommitments_B0850CC8007A281ECD85B62DED8F1BE7_terseLabel_en-US" xlink:label="lab_bac_UnfundedEquityInvestmentCommitments_B0850CC8007A281ECD85B62DED8F1BE7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Unfunded equity investment commitments </link:label>
<link:label id="lab_bac_UnfundedEquityInvestmentCommitments_B0850CC8007A281ECD85B62DED8F1BE7_label_en-US" xlink:label="lab_bac_UnfundedEquityInvestmentCommitments_B0850CC8007A281ECD85B62DED8F1BE7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Unfunded equity investment commitments </link:label>
<link:label id="lab_bac_UnfundedEquityInvestmentCommitments_B0850CC8007A281ECD85B62DED8F1BE7_documentation_en-US" xlink:label="lab_bac_UnfundedEquityInvestmentCommitments_B0850CC8007A281ECD85B62DED8F1BE7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the portion of equity investment commitments which are unfunded. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_UnfundedEquityInvestmentCommitments" xlink:label="loc_bac_UnfundedEquityInvestmentCommitments_B0850CC8007A281ECD85B62DED8F1BE7" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_UnfundedEquityInvestmentCommitments_B0850CC8007A281ECD85B62DED8F1BE7" xlink:to="lab_bac_UnfundedEquityInvestmentCommitments_B0850CC8007A281ECD85B62DED8F1BE7" xlink:type="arc"/>
<link:label id="lab_bac_CommitmentToPurchaseResidentialMortgageAndCommercialRealEstateLoans_A70A74F5AEEDC194BEDAB631A9AFDCF1_terseLabel_en-US" xlink:label="lab_bac_CommitmentToPurchaseResidentialMortgageAndCommercialRealEstateLoans_A70A74F5AEEDC194BEDAB631A9AFDCF1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Commitment to purchase residential mortgage and commercial real estate loans </link:label>
<link:label id="lab_bac_CommitmentToPurchaseResidentialMortgageAndCommercialRealEstateLoans_A70A74F5AEEDC194BEDAB631A9AFDCF1_label_en-US" xlink:label="lab_bac_CommitmentToPurchaseResidentialMortgageAndCommercialRealEstateLoans_A70A74F5AEEDC194BEDAB631A9AFDCF1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Commitment to purchase residential mortgage and commercial real estate loans </link:label>
<link:label id="lab_bac_CommitmentToPurchaseResidentialMortgageAndCommercialRealEstateLoans_A70A74F5AEEDC194BEDAB631A9AFDCF1_documentation_en-US" xlink:label="lab_bac_CommitmentToPurchaseResidentialMortgageAndCommercialRealEstateLoans_A70A74F5AEEDC194BEDAB631A9AFDCF1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the amount of commitments to purchase residential mortgage and commercial real estate loans which upon settlement will be included in loans or loans held for sale. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CommitmentToPurchaseResidentialMortgageAndCommercialRealEstateLoans" xlink:label="loc_bac_CommitmentToPurchaseResidentialMortgageAndCommercialRealEstateLoans_A70A74F5AEEDC194BEDAB631A9AFDCF1" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CommitmentToPurchaseResidentialMortgageAndCommercialRealEstateLoans_A70A74F5AEEDC194BEDAB631A9AFDCF1" xlink:to="lab_bac_CommitmentToPurchaseResidentialMortgageAndCommercialRealEstateLoans_A70A74F5AEEDC194BEDAB631A9AFDCF1" xlink:type="arc"/>
<link:label id="lab_bac_ForwardDatedResaleAndSecuritiesBorrowingAgreementsCommitment_21E8975C9F4FBAC82524E9400EB979EE_terseLabel_en-US" xlink:label="lab_bac_ForwardDatedResaleAndSecuritiesBorrowingAgreementsCommitment_21E8975C9F4FBAC82524E9400EB979EE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Forward Dated Resale and Securities Borrowing Agreements Commitment </link:label>
<link:label id="lab_bac_ForwardDatedResaleAndSecuritiesBorrowingAgreementsCommitment_21E8975C9F4FBAC82524E9400EB979EE_label_en-US" xlink:label="lab_bac_ForwardDatedResaleAndSecuritiesBorrowingAgreementsCommitment_21E8975C9F4FBAC82524E9400EB979EE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Forward Dated Resale and Securities Borrowing Agreements Commitment </link:label>
<link:label id="lab_bac_ForwardDatedResaleAndSecuritiesBorrowingAgreementsCommitment_21E8975C9F4FBAC82524E9400EB979EE_documentation_en-US" xlink:label="lab_bac_ForwardDatedResaleAndSecuritiesBorrowingAgreementsCommitment_21E8975C9F4FBAC82524E9400EB979EE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the amount of commitments to enter into forward-dated resale and securities borrowing agreements. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ForwardDatedResaleAndSecuritiesBorrowingAgreementsCommitment" xlink:label="loc_bac_ForwardDatedResaleAndSecuritiesBorrowingAgreementsCommitment_21E8975C9F4FBAC82524E9400EB979EE" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ForwardDatedResaleAndSecuritiesBorrowingAgreementsCommitment_21E8975C9F4FBAC82524E9400EB979EE" xlink:to="lab_bac_ForwardDatedResaleAndSecuritiesBorrowingAgreementsCommitment_21E8975C9F4FBAC82524E9400EB979EE" xlink:type="arc"/>
<link:label id="lab_bac_ForwardDatedRepurchaseAndSecuritiesLendingAgreementsCommitment_CF55964D6B81832CE29DE94301D37607_terseLabel_en-US" xlink:label="lab_bac_ForwardDatedRepurchaseAndSecuritiesLendingAgreementsCommitment_CF55964D6B81832CE29DE94301D37607" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Forward Dated Repurchase And Securities Lending Agreements Commitment </link:label>
<link:label id="lab_bac_ForwardDatedRepurchaseAndSecuritiesLendingAgreementsCommitment_CF55964D6B81832CE29DE94301D37607_label_en-US" xlink:label="lab_bac_ForwardDatedRepurchaseAndSecuritiesLendingAgreementsCommitment_CF55964D6B81832CE29DE94301D37607" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Forward Dated Repurchase And Securities Lending Agreements Commitment </link:label>
<link:label id="lab_bac_ForwardDatedRepurchaseAndSecuritiesLendingAgreementsCommitment_CF55964D6B81832CE29DE94301D37607_documentation_en-US" xlink:label="lab_bac_ForwardDatedRepurchaseAndSecuritiesLendingAgreementsCommitment_CF55964D6B81832CE29DE94301D37607" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the amount of commitments to enter into forward-dated repurchase and securities lending agreements. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ForwardDatedRepurchaseAndSecuritiesLendingAgreementsCommitment" xlink:label="loc_bac_ForwardDatedRepurchaseAndSecuritiesLendingAgreementsCommitment_CF55964D6B81832CE29DE94301D37607" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ForwardDatedRepurchaseAndSecuritiesLendingAgreementsCommitment_CF55964D6B81832CE29DE94301D37607" xlink:to="lab_bac_ForwardDatedRepurchaseAndSecuritiesLendingAgreementsCommitment_CF55964D6B81832CE29DE94301D37607" xlink:type="arc"/>
<link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_9A670F2E32DEE5394FA9E8A0DAD64E34_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_9A670F2E32DEE5394FA9E8A0DAD64E34" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 2012 </link:label>
<link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_9A670F2E32DEE5394FA9E8A0DAD64E34_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_9A670F2E32DEE5394FA9E8A0DAD64E34" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Operating Leases, Future Minimum Payments Due, Current </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_9A670F2E32DEE5394FA9E8A0DAD64E34" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_9A670F2E32DEE5394FA9E8A0DAD64E34" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_9A670F2E32DEE5394FA9E8A0DAD64E34" xlink:type="arc"/>
<link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_6919890CBF43F246DE5BB63926B1FDFF_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_6919890CBF43F246DE5BB63926B1FDFF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 2013 </link:label>
<link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_6919890CBF43F246DE5BB63926B1FDFF_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_6919890CBF43F246DE5BB63926B1FDFF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Operating Leases, Future Minimum Payments, Due in Two Years </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_6919890CBF43F246DE5BB63926B1FDFF" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_6919890CBF43F246DE5BB63926B1FDFF" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_6919890CBF43F246DE5BB63926B1FDFF" xlink:type="arc"/>
<link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_C3A5D6718318694CEFC3B6395C69AFE3_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_C3A5D6718318694CEFC3B6395C69AFE3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 2014 </link:label>
<link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_C3A5D6718318694CEFC3B6395C69AFE3_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_C3A5D6718318694CEFC3B6395C69AFE3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Operating Leases, Future Minimum Payments, Due in Three Years </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_C3A5D6718318694CEFC3B6395C69AFE3" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_C3A5D6718318694CEFC3B6395C69AFE3" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_C3A5D6718318694CEFC3B6395C69AFE3" xlink:type="arc"/>
<link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_EEDA68E22C3391C84884B63984E53F29_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_EEDA68E22C3391C84884B63984E53F29" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 2015 </link:label>
<link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_EEDA68E22C3391C84884B63984E53F29_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_EEDA68E22C3391C84884B63984E53F29" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Operating Leases, Future Minimum Payments, Due in Four Years </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_EEDA68E22C3391C84884B63984E53F29" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_EEDA68E22C3391C84884B63984E53F29" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_EEDA68E22C3391C84884B63984E53F29" xlink:type="arc"/>
<link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_8DE7EAD7ECA99AEEBF93B639AFE90FB0_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_8DE7EAD7ECA99AEEBF93B639AFE90FB0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 2016 </link:label>
<link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_8DE7EAD7ECA99AEEBF93B639AFE90FB0_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_8DE7EAD7ECA99AEEBF93B639AFE90FB0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Operating Leases, Future Minimum Payments, Due in Five Years </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_8DE7EAD7ECA99AEEBF93B639AFE90FB0" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_8DE7EAD7ECA99AEEBF93B639AFE90FB0" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_8DE7EAD7ECA99AEEBF93B639AFE90FB0" xlink:type="arc"/>
<link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_0ED113505E2465532D88B63BD1910B4E_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_0ED113505E2465532D88B63BD1910B4E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Thereafter </link:label>
<link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_0ED113505E2465532D88B63BD1910B4E_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_0ED113505E2465532D88B63BD1910B4E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Operating Leases, Future Minimum Payments, Due Thereafter </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_0ED113505E2465532D88B63BD1910B4E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_0ED113505E2465532D88B63BD1910B4E" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_0ED113505E2465532D88B63BD1910B4E" xlink:type="arc"/>
<link:label id="lab_bac_CommittedMinimumFeesOnMarketDataCommunicationsSystemsConsultingAndOtherOfficeRelatedServices_7C5CA1A71B28808B4DD4E94814BF7BEB_terseLabel_en-US" xlink:label="lab_bac_CommittedMinimumFeesOnMarketDataCommunicationsSystemsConsultingAndOtherOfficeRelatedServices_7C5CA1A71B28808B4DD4E94814BF7BEB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Committed Minimum Fees On Market Data Communications Systems Consulting And Other Office Related Services </link:label>
<link:label id="lab_bac_CommittedMinimumFeesOnMarketDataCommunicationsSystemsConsultingAndOtherOfficeRelatedServices_7C5CA1A71B28808B4DD4E94814BF7BEB_label_en-US" xlink:label="lab_bac_CommittedMinimumFeesOnMarketDataCommunicationsSystemsConsultingAndOtherOfficeRelatedServices_7C5CA1A71B28808B4DD4E94814BF7BEB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Committed Minimum Fees On Market Data Communications Systems Consulting And Other Office Related Services </link:label>
<link:label id="lab_bac_CommittedMinimumFeesOnMarketDataCommunicationsSystemsConsultingAndOtherOfficeRelatedServices_7C5CA1A71B28808B4DD4E94814BF7BEB_documentation_en-US" xlink:label="lab_bac_CommittedMinimumFeesOnMarketDataCommunicationsSystemsConsultingAndOtherOfficeRelatedServices_7C5CA1A71B28808B4DD4E94814BF7BEB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the minimum amount of fee commitments over the remaining life of these loans relating to agreements with providers of market data, communications, system consulting and certain office-related services. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CommittedMinimumFeesOnMarketDataCommunicationsSystemsConsultingAndOtherOfficeRelatedServices" xlink:label="loc_bac_CommittedMinimumFeesOnMarketDataCommunicationsSystemsConsultingAndOtherOfficeRelatedServices_7C5CA1A71B28808B4DD4E94814BF7BEB" xlink:type="locator"/>
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<link:label id="lab_bac_LifeInsuranceBookValueProtectionFairValueLiability_430658963C2B9879A00F9AAB3D7BC771_terseLabel_en-US" xlink:label="lab_bac_LifeInsuranceBookValueProtectionFairValueLiability_430658963C2B9879A00F9AAB3D7BC771" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Life Insurance Book Value Protection, Fair Value Liability </link:label>
<link:label id="lab_bac_LifeInsuranceBookValueProtectionFairValueLiability_430658963C2B9879A00F9AAB3D7BC771_label_en-US" xlink:label="lab_bac_LifeInsuranceBookValueProtectionFairValueLiability_430658963C2B9879A00F9AAB3D7BC771" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Life Insurance Book Value Protection, Fair Value Liability </link:label>
<link:label id="lab_bac_LifeInsuranceBookValueProtectionFairValueLiability_430658963C2B9879A00F9AAB3D7BC771_documentation_en-US" xlink:label="lab_bac_LifeInsuranceBookValueProtectionFairValueLiability_430658963C2B9879A00F9AAB3D7BC771" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Life Insurance Book Value Protection, Fair Value Liability </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_LifeInsuranceBookValueProtectionFairValueLiability" xlink:label="loc_bac_LifeInsuranceBookValueProtectionFairValueLiability_430658963C2B9879A00F9AAB3D7BC771" xlink:type="locator"/>
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<link:label id="lab_us-gaap_EquityMethodInvestmentOwnershipPercentage_EB91B4F7C75F24B10986B64B55DBFDE0_terseLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentOwnershipPercentage_EB91B4F7C75F24B10986B64B55DBFDE0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Equity Method Investment, Ownership Percentage </link:label>
<link:label id="lab_us-gaap_EquityMethodInvestmentOwnershipPercentage_EB91B4F7C75F24B10986B64B55DBFDE0_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentOwnershipPercentage_EB91B4F7C75F24B10986B64B55DBFDE0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Equity Method Investment, Ownership Percentage </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_EquityMethodInvestmentOwnershipPercentage" xlink:label="loc_us-gaap_EquityMethodInvestmentOwnershipPercentage_EB91B4F7C75F24B10986B64B55DBFDE0" xlink:type="locator"/>
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<link:label id="lab_bac_MerchantServicesTransactionsProcessedAndSettledBySponsoredEntitites_E6DDF2818BCBCB53E620E97F7FF8002B_terseLabel_en-US" xlink:label="lab_bac_MerchantServicesTransactionsProcessedAndSettledBySponsoredEntitites_E6DDF2818BCBCB53E620E97F7FF8002B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Merchant Services Transactions Processed And Settled By Sponsored Entitites </link:label>
<link:label id="lab_bac_MerchantServicesTransactionsProcessedAndSettledBySponsoredEntitites_E6DDF2818BCBCB53E620E97F7FF8002B_label_en-US" xlink:label="lab_bac_MerchantServicesTransactionsProcessedAndSettledBySponsoredEntitites_E6DDF2818BCBCB53E620E97F7FF8002B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Merchant Services Transactions Processed And Settled By Sponsored Entitites </link:label>
<link:label id="lab_bac_MerchantServicesTransactionsProcessedAndSettledBySponsoredEntitites_E6DDF2818BCBCB53E620E97F7FF8002B_documentation_en-US" xlink:label="lab_bac_MerchantServicesTransactionsProcessedAndSettledBySponsoredEntitites_E6DDF2818BCBCB53E620E97F7FF8002B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> The amount of merchant services transactions processed and settled by sponsored merchant processing servicers that process credit and debit card transactions on behalf of various merchants. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_MerchantServicesTransactionsProcessedAndSettledBySponsoredEntitites" xlink:label="loc_bac_MerchantServicesTransactionsProcessedAndSettledBySponsoredEntitites_E6DDF2818BCBCB53E620E97F7FF8002B" xlink:type="locator"/>
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<link:label id="lab_bac_LossesAsResultOfCardholderDisputedTransactions_38ECB23B5304781546C0B6599D1F8314_terseLabel_en-US" xlink:label="lab_bac_LossesAsResultOfCardholderDisputedTransactions_38ECB23B5304781546C0B6599D1F8314" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Losses As Result Of Cardholder Disputed Transactions </link:label>
<link:label id="lab_bac_LossesAsResultOfCardholderDisputedTransactions_38ECB23B5304781546C0B6599D1F8314_label_en-US" xlink:label="lab_bac_LossesAsResultOfCardholderDisputedTransactions_38ECB23B5304781546C0B6599D1F8314" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Losses As Result Of Cardholder Disputed Transactions </link:label>
<link:label id="lab_bac_LossesAsResultOfCardholderDisputedTransactions_38ECB23B5304781546C0B6599D1F8314_documentation_en-US" xlink:label="lab_bac_LossesAsResultOfCardholderDisputedTransactions_38ECB23B5304781546C0B6599D1F8314" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents losses recorded by the Corporation as a result of cardholder disputed transactions. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_LossesAsResultOfCardholderDisputedTransactions" xlink:label="loc_bac_LossesAsResultOfCardholderDisputedTransactions_38ECB23B5304781546C0B6599D1F8314" xlink:type="locator"/>
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<link:label id="lab_bac_MerchantEscrowDepositsHeldAsCollateral_42B981F548AE956949A3B65C0E070D59_terseLabel_en-US" xlink:label="lab_bac_MerchantEscrowDepositsHeldAsCollateral_42B981F548AE956949A3B65C0E070D59" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Merchant escrow deposits held as collateral </link:label>
<link:label id="lab_bac_MerchantEscrowDepositsHeldAsCollateral_42B981F548AE956949A3B65C0E070D59_label_en-US" xlink:label="lab_bac_MerchantEscrowDepositsHeldAsCollateral_42B981F548AE956949A3B65C0E070D59" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Merchant escrow deposits held as collateral </link:label>
<link:label id="lab_bac_MerchantEscrowDepositsHeldAsCollateral_42B981F548AE956949A3B65C0E070D59_documentation_en-US" xlink:label="lab_bac_MerchantEscrowDepositsHeldAsCollateral_42B981F548AE956949A3B65C0E070D59" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This amount represents merchant escrow deposits held as collateral on behalf of the joint venture which may be used to offset amounts due from individual merchants. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_MerchantEscrowDepositsHeldAsCollateral" xlink:label="loc_bac_MerchantEscrowDepositsHeldAsCollateral_42B981F548AE956949A3B65C0E070D59" xlink:type="locator"/>
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<link:label id="lab_us-gaap_GuaranteeObligationsMaximumExposure_79CC08A0F4443B3859F7B6464ED2DB75_terseLabel_en-US" xlink:label="lab_us-gaap_GuaranteeObligationsMaximumExposure_79CC08A0F4443B3859F7B6464ED2DB75" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Guarantor Obligations, Maximum Exposure, Undiscounted </link:label>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_GuaranteeObligationsMaximumExposure" xlink:label="loc_us-gaap_GuaranteeObligationsMaximumExposure_79CC08A0F4443B3859F7B6464ED2DB75" xlink:type="locator"/>
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<link:label id="lab_us-gaap_RegistrationPaymentArrangementMaximumPotentialConsideration_3A9E9F3FD3525CBA11E7B66C101C8EB9_terseLabel_en-US" xlink:label="lab_us-gaap_RegistrationPaymentArrangementMaximumPotentialConsideration_3A9E9F3FD3525CBA11E7B66C101C8EB9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Registration Payment Arrangement, Maximum Potential Consideration </link:label>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_RegistrationPaymentArrangementMaximumPotentialConsideration" xlink:label="loc_us-gaap_RegistrationPaymentArrangementMaximumPotentialConsideration_3A9E9F3FD3525CBA11E7B66C101C8EB9" xlink:type="locator"/>
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<link:label id="lab_us-gaap_LossContingencyAccrualAtCarryingValue_B533F59E94AA31FFBE6FE9887C7C94DA_terseLabel_en-US" xlink:label="lab_us-gaap_LossContingencyAccrualAtCarryingValue_B533F59E94AA31FFBE6FE9887C7C94DA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loss Contingency Accrual, at Carrying Value </link:label>
<link:label id="lab_us-gaap_LossContingencyAccrualAtCarryingValue_B533F59E94AA31FFBE6FE9887C7C94DA_label_en-US" xlink:label="lab_us-gaap_LossContingencyAccrualAtCarryingValue_B533F59E94AA31FFBE6FE9887C7C94DA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loss Contingency Accrual, at Carrying Value </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LossContingencyAccrualAtCarryingValue" xlink:label="loc_us-gaap_LossContingencyAccrualAtCarryingValue_B533F59E94AA31FFBE6FE9887C7C94DA" xlink:type="locator"/>
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<link:label id="lab_us-gaap_LitigationSettlementExpense_14F8A706CF44824BED25B67BD8F1F341_terseLabel_en-US" xlink:label="lab_us-gaap_LitigationSettlementExpense_14F8A706CF44824BED25B67BD8F1F341" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Litigation Settlement, Expense </link:label>
<link:label id="lab_us-gaap_LitigationSettlementExpense_14F8A706CF44824BED25B67BD8F1F341_label_en-US" xlink:label="lab_us-gaap_LitigationSettlementExpense_14F8A706CF44824BED25B67BD8F1F341" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Litigation Settlement, Expense </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LitigationSettlementExpense" xlink:label="loc_us-gaap_LitigationSettlementExpense_14F8A706CF44824BED25B67BD8F1F341" xlink:type="locator"/>
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<link:label id="lab_us-gaap_LossContingencyRangeOfPossibleLossMinimum_BFFD5FCA7721A020F3A2E95845B90352_terseLabel_en-US" xlink:label="lab_us-gaap_LossContingencyRangeOfPossibleLossMinimum_BFFD5FCA7721A020F3A2E95845B90352" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loss Contingency, Range of Possible Loss, Minimum </link:label>
<link:label id="lab_us-gaap_LossContingencyRangeOfPossibleLossMinimum_BFFD5FCA7721A020F3A2E95845B90352_label_en-US" xlink:label="lab_us-gaap_LossContingencyRangeOfPossibleLossMinimum_BFFD5FCA7721A020F3A2E95845B90352" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loss Contingency, Range of Possible Loss, Minimum </link:label>
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<link:label id="lab_us-gaap_LossContingencyRangeOfPossibleLossMaximum_53C4C6618031087F74D7E959F199A1B7_terseLabel_en-US" xlink:label="lab_us-gaap_LossContingencyRangeOfPossibleLossMaximum_53C4C6618031087F74D7E959F199A1B7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loss Contingency, Range of Possible Loss, Maximum </link:label>
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<link:label id="lab_us-gaap_LossContingencyEstimateOfPossibleLoss_D98198D8B39D2794E69C9AAED785727C_terseLabel_en-US" xlink:label="lab_us-gaap_LossContingencyEstimateOfPossibleLoss_D98198D8B39D2794E69C9AAED785727C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loss Contingency, Estimate of Possible Loss </link:label>
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<link:label id="lab_us-gaap_LossContingencyDamagesSoughtValue_1D3A169C4F003C07D39A9AB50C50AEF7_terseLabel_en-US" xlink:label="lab_us-gaap_LossContingencyDamagesSoughtValue_1D3A169C4F003C07D39A9AB50C50AEF7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loss Contingency, Damages Sought, Value </link:label>
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<link:label id="lab_bac_LossContingencyEscrowCapPercent_81FC30360523E67F30B39AD79DAEA3FE_terseLabel_en-US" xlink:label="lab_bac_LossContingencyEscrowCapPercent_81FC30360523E67F30B39AD79DAEA3FE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loss Contingency, Escrow Cap Percent </link:label>
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<link:label id="lab_bac_BonusPaymentsMadeToEmployees_3DBCD0708686DBA252A29ADC9857E5FD_terseLabel_en-US" xlink:label="lab_bac_BonusPaymentsMadeToEmployees_3DBCD0708686DBA252A29ADC9857E5FD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Bonus Payments Made To Employees </link:label>
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<link:label id="lab_bac_NumberOfCompanySharesHeldInBenefitPlan_39E036E8CA9F35C3C8869AE0D1531B15_terseLabel_en-US" xlink:label="lab_bac_NumberOfCompanySharesHeldInBenefitPlan_39E036E8CA9F35C3C8869AE0D1531B15" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Number of Company Shares Held in Benefit Plan </link:label>
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<link:label id="lab_bac_TotalNumberOfCallOptionContracts_4582D82E7C804A88BF979AE9BB5E3289_terseLabel_en-US" xlink:label="lab_bac_TotalNumberOfCallOptionContracts_4582D82E7C804A88BF979AE9BB5E3289" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total Number Of Call Option Contracts </link:label>
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<link:label id="lab_bac_LossContingencyNumberOfOfferingsSoughtToRescind_02E53ED3978876344CBB9AF392E3BA6B_terseLabel_en-US" xlink:label="lab_bac_LossContingencyNumberOfOfferingsSoughtToRescind_02E53ED3978876344CBB9AF392E3BA6B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loss Contingency, Number of Offerings Sought to Rescind </link:label>
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<link:label id="lab_bac_AmountSpendForSecuritiesPurchased_51ED8E4B9C5BFAC2FB319AF864DBC702_terseLabel_en-US" xlink:label="lab_bac_AmountSpendForSecuritiesPurchased_51ED8E4B9C5BFAC2FB319AF864DBC702" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Amount Spend For Securities Purchased </link:label>
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<link:label id="lab_bac_AmountSpendForSecuritiesPurchased_51ED8E4B9C5BFAC2FB319AF864DBC702_documentation_en-US" xlink:label="lab_bac_AmountSpendForSecuritiesPurchased_51ED8E4B9C5BFAC2FB319AF864DBC702" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Amount Spend For Securities Purchased </link:label>
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<link:label id="lab_us-gaap_LossContingencyLossInPeriod_778B67D75BB964FBA03A9AFF91448D5F_terseLabel_en-US" xlink:label="lab_us-gaap_LossContingencyLossInPeriod_778B67D75BB964FBA03A9AFF91448D5F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loss Contingency, Loss in Period </link:label>
<link:label id="lab_us-gaap_LossContingencyLossInPeriod_778B67D75BB964FBA03A9AFF91448D5F_label_en-US" xlink:label="lab_us-gaap_LossContingencyLossInPeriod_778B67D75BB964FBA03A9AFF91448D5F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loss Contingency, Loss in Period </link:label>
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<link:label id="lab_bac_LossContingencyAdditionalPossiblePayment_4BE92FDE148F22F9E4DA9B05F4221B82_terseLabel_en-US" xlink:label="lab_bac_LossContingencyAdditionalPossiblePayment_4BE92FDE148F22F9E4DA9B05F4221B82" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loss Contingency, Additional Possible Payment </link:label>
<link:label id="lab_bac_LossContingencyAdditionalPossiblePayment_4BE92FDE148F22F9E4DA9B05F4221B82_label_en-US" xlink:label="lab_bac_LossContingencyAdditionalPossiblePayment_4BE92FDE148F22F9E4DA9B05F4221B82" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loss Contingency, Additional Possible Payment </link:label>
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<link:loc xlink:href="bac-20111231.xsd#bac_LossContingencyAdditionalPossiblePayment" xlink:label="loc_bac_LossContingencyAdditionalPossiblePayment_4BE92FDE148F22F9E4DA9B05F4221B82" xlink:type="locator"/>
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<link:label id="lab_bac_LossContingencyUpfrontCashPaymentRequirement_FD0CD9871B3706A56F209B0724BDAB5B_terseLabel_en-US" xlink:label="lab_bac_LossContingencyUpfrontCashPaymentRequirement_FD0CD9871B3706A56F209B0724BDAB5B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loss Contingency, Upfront Cash Payment Requirement </link:label>
<link:label id="lab_bac_LossContingencyUpfrontCashPaymentRequirement_FD0CD9871B3706A56F209B0724BDAB5B_label_en-US" xlink:label="lab_bac_LossContingencyUpfrontCashPaymentRequirement_FD0CD9871B3706A56F209B0724BDAB5B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loss Contingency, Upfront Cash Payment Requirement </link:label>
<link:label id="lab_bac_LossContingencyUpfrontCashPaymentRequirement_FD0CD9871B3706A56F209B0724BDAB5B_documentation_en-US" xlink:label="lab_bac_LossContingencyUpfrontCashPaymentRequirement_FD0CD9871B3706A56F209B0724BDAB5B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Loss Contingency, Upfront Cash Payment Requirement </link:label>
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<link:label id="lab_bac_LossContingencyAdditionalPaymentIfTriggered_7418D86B8A2EF30DFB529B09DB090543_terseLabel_en-US" xlink:label="lab_bac_LossContingencyAdditionalPaymentIfTriggered_7418D86B8A2EF30DFB529B09DB090543" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loss Contingency Additional Payment if Triggered </link:label>
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<link:label id="lab_bac_LossContingencyAdditionalPaymentIfTriggered_7418D86B8A2EF30DFB529B09DB090543_documentation_en-US" xlink:label="lab_bac_LossContingencyAdditionalPaymentIfTriggered_7418D86B8A2EF30DFB529B09DB090543" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Loss Contingency Additional Payment if Triggered </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_LossContingencyAdditionalPaymentIfTriggered" xlink:label="loc_bac_LossContingencyAdditionalPaymentIfTriggered_7418D86B8A2EF30DFB529B09DB090543" xlink:type="locator"/>
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<link:label id="lab_bac_AmountForImpositionOfCivilMonetaryPenaltyHeldInAbeyance_A9DCF97010104F2893189B0BD8668378_terseLabel_en-US" xlink:label="lab_bac_AmountForImpositionOfCivilMonetaryPenaltyHeldInAbeyance_A9DCF97010104F2893189B0BD8668378" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Amount for Imposition of Civil Monetary Penalty Held in Abeyance </link:label>
<link:label id="lab_bac_AmountForImpositionOfCivilMonetaryPenaltyHeldInAbeyance_A9DCF97010104F2893189B0BD8668378_label_en-US" xlink:label="lab_bac_AmountForImpositionOfCivilMonetaryPenaltyHeldInAbeyance_A9DCF97010104F2893189B0BD8668378" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Amount for Imposition of Civil Monetary Penalty Held in Abeyance </link:label>
<link:label id="lab_bac_AmountForImpositionOfCivilMonetaryPenaltyHeldInAbeyance_A9DCF97010104F2893189B0BD8668378_documentation_en-US" xlink:label="lab_bac_AmountForImpositionOfCivilMonetaryPenaltyHeldInAbeyance_A9DCF97010104F2893189B0BD8668378" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Amount for Imposition of Civil Monetary Penalty Held in Abeyance </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_AmountForImpositionOfCivilMonetaryPenaltyHeldInAbeyance" xlink:label="loc_bac_AmountForImpositionOfCivilMonetaryPenaltyHeldInAbeyance_A9DCF97010104F2893189B0BD8668378" xlink:type="locator"/>
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<link:label id="lab_bac_CivilMonetaryPenaltyToBePaidIfRequiredPaymentsAreNotMadeInPrescribedTime_171C7564F015DF7CCC069B0D9160D39F_terseLabel_en-US" xlink:label="lab_bac_CivilMonetaryPenaltyToBePaidIfRequiredPaymentsAreNotMadeInPrescribedTime_171C7564F015DF7CCC069B0D9160D39F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Civil Monetary Penalty To Be Paid if Required Payments Are Not Made in Prescribed Time </link:label>
<link:label id="lab_bac_CivilMonetaryPenaltyToBePaidIfRequiredPaymentsAreNotMadeInPrescribedTime_171C7564F015DF7CCC069B0D9160D39F_label_en-US" xlink:label="lab_bac_CivilMonetaryPenaltyToBePaidIfRequiredPaymentsAreNotMadeInPrescribedTime_171C7564F015DF7CCC069B0D9160D39F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Civil Monetary Penalty To Be Paid if Required Payments Are Not Made in Prescribed Time </link:label>
<link:label id="lab_bac_CivilMonetaryPenaltyToBePaidIfRequiredPaymentsAreNotMadeInPrescribedTime_171C7564F015DF7CCC069B0D9160D39F_documentation_en-US" xlink:label="lab_bac_CivilMonetaryPenaltyToBePaidIfRequiredPaymentsAreNotMadeInPrescribedTime_171C7564F015DF7CCC069B0D9160D39F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Civil Monetary Penalty To Be Paid if Required Payments Are Not Made in Prescribed Time </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CivilMonetaryPenaltyToBePaidIfRequiredPaymentsAreNotMadeInPrescribedTime" xlink:label="loc_bac_CivilMonetaryPenaltyToBePaidIfRequiredPaymentsAreNotMadeInPrescribedTime_171C7564F015DF7CCC069B0D9160D39F" xlink:type="locator"/>
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<link:label id="lab_bac_LossContingencyClaimNumberOfLoansConvertedBreachOfContract_6C135E6D8190187B78A19B137820FD51_terseLabel_en-US" xlink:label="lab_bac_LossContingencyClaimNumberOfLoansConvertedBreachOfContract_6C135E6D8190187B78A19B137820FD51" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loss Contingency Claim, Number of Loans Converted, Breach of Contract </link:label>
<link:label id="lab_bac_LossContingencyClaimNumberOfLoansConvertedBreachOfContract_6C135E6D8190187B78A19B137820FD51_label_en-US" xlink:label="lab_bac_LossContingencyClaimNumberOfLoansConvertedBreachOfContract_6C135E6D8190187B78A19B137820FD51" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loss Contingency Claim, Number of Loans Converted, Breach of Contract </link:label>
<link:label id="lab_bac_LossContingencyClaimNumberOfLoansConvertedBreachOfContract_6C135E6D8190187B78A19B137820FD51_documentation_en-US" xlink:label="lab_bac_LossContingencyClaimNumberOfLoansConvertedBreachOfContract_6C135E6D8190187B78A19B137820FD51" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Loss Contingency Claim, Number of Loans Converted, Breach of Contract </link:label>
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<link:label id="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_21AE44A6ECDBAF006E0A8D44C8C33A8E_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_21AE44A6ECDBAF006E0A8D44C8C33A8E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table] </link:label>
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<link:label id="lab_us-gaap_AccruedLiabilitiesMember_36CE78F586602C54B3498D44C8C41840_terseLabel_en-US" xlink:label="lab_us-gaap_AccruedLiabilitiesMember_36CE78F586602C54B3498D44C8C41840" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Accrued Liabilities [Member] </link:label>
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<link:label id="lab_us-gaap_FairValueMeasurementsRecurringMember_1B91981DA8491B4F84428D44C8C54D1E_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementsRecurringMember_1B91981DA8491B4F84428D44C8C54D1E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, Measurements, Recurring [Member] </link:label>
<link:label id="lab_us-gaap_FairValueMeasurementsRecurringMember_1B91981DA8491B4F84428D44C8C54D1E_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementsRecurringMember_1B91981DA8491B4F84428D44C8C54D1E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Measurements, Recurring [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FairValueMeasurementsRecurringMember" xlink:label="loc_us-gaap_FairValueMeasurementsRecurringMember_1B91981DA8491B4F84428D44C8C54D1E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueMeasurementsRecurringMember_1B91981DA8491B4F84428D44C8C54D1E" xlink:to="lab_us-gaap_FairValueMeasurementsRecurringMember_1B91981DA8491B4F84428D44C8C54D1E" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValueInputsLevel3Member_55299CB5C62745F70AA88D44C8C5DCEE_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel3Member_55299CB5C62745F70AA88D44C8C5DCEE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, Inputs, Level 3 [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FairValueInputsLevel3Member" xlink:label="loc_us-gaap_FairValueInputsLevel3Member_55299CB5C62745F70AA88D44C8C5DCEE" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueInputsLevel3Member_55299CB5C62745F70AA88D44C8C5DCEE" xlink:to="lab_us-gaap_FairValueInputsLevel3Member_55299CB5C62745F70AA88D44C8C5DCEE" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValueByAssetClassAxis_D809F4A360ADA9A4A2CD8D44C8C5D8CC_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueByAssetClassAxis_D809F4A360ADA9A4A2CD8D44C8C5D8CC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value by Asset Class [Axis] </link:label>
<link:label id="lab_us-gaap_FairValueByAssetClassAxis_D809F4A360ADA9A4A2CD8D44C8C5D8CC_label_en-US" xlink:label="lab_us-gaap_FairValueByAssetClassAxis_D809F4A360ADA9A4A2CD8D44C8C5D8CC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value by Asset Class [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FairValueByAssetClassAxis" xlink:label="loc_us-gaap_FairValueByAssetClassAxis_D809F4A360ADA9A4A2CD8D44C8C5D8CC" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueByAssetClassAxis_D809F4A360ADA9A4A2CD8D44C8C5D8CC" xlink:to="lab_us-gaap_FairValueByAssetClassAxis_D809F4A360ADA9A4A2CD8D44C8C5D8CC" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationByAssetClassDomain_334D5B7419A1F6EEC1B38D44C8C5FE60_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationByAssetClassDomain_334D5B7419A1F6EEC1B38D44C8C5FE60" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, by Asset Class [Domain] </link:label>
<link:label id="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationByAssetClassDomain_334D5B7419A1F6EEC1B38D44C8C5FE60_label_en-US" xlink:label="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationByAssetClassDomain_334D5B7419A1F6EEC1B38D44C8C5FE60" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, by Asset Class [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationByAssetClassDomain" xlink:label="loc_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationByAssetClassDomain_334D5B7419A1F6EEC1B38D44C8C5FE60" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationByAssetClassDomain_334D5B7419A1F6EEC1B38D44C8C5FE60" xlink:to="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationByAssetClassDomain_334D5B7419A1F6EEC1B38D44C8C5FE60" xlink:type="arc"/>
<link:label id="lab_us-gaap_SecuritiesAssetsMember_146D6753966320F5BCF88D44C8C52465_terseLabel_en-US" xlink:label="lab_us-gaap_SecuritiesAssetsMember_146D6753966320F5BCF88D44C8C52465" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Securities (Assets) [Member] </link:label>
<link:label id="lab_us-gaap_SecuritiesAssetsMember_146D6753966320F5BCF88D44C8C52465_label_en-US" xlink:label="lab_us-gaap_SecuritiesAssetsMember_146D6753966320F5BCF88D44C8C52465" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities (Assets) [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_SecuritiesAssetsMember" xlink:label="loc_us-gaap_SecuritiesAssetsMember_146D6753966320F5BCF88D44C8C52465" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SecuritiesAssetsMember_146D6753966320F5BCF88D44C8C52465" xlink:to="lab_us-gaap_SecuritiesAssetsMember_146D6753966320F5BCF88D44C8C52465" xlink:type="arc"/>
<link:label id="lab_us-gaap_MortgageBackedSecuritiesMember_3C6FCC41CF8881CAC1F18D44C8C51848_terseLabel_en-US" xlink:label="lab_us-gaap_MortgageBackedSecuritiesMember_3C6FCC41CF8881CAC1F18D44C8C51848" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Collateralized Mortgage Backed Securities [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_MortgageBackedSecuritiesMember" xlink:label="loc_us-gaap_MortgageBackedSecuritiesMember_3C6FCC41CF8881CAC1F18D44C8C51848" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MortgageBackedSecuritiesMember_3C6FCC41CF8881CAC1F18D44C8C51848" xlink:to="lab_us-gaap_MortgageBackedSecuritiesMember_3C6FCC41CF8881CAC1F18D44C8C51848" xlink:type="arc"/>
<link:label id="lab_us-gaap_AgencySecuritiesMember_18BCB29525041BBC899A8D44C8C5A3AD_verboseLabel_en-US" xlink:label="lab_us-gaap_AgencySecuritiesMember_18BCB29525041BBC899A8D44C8C5A3AD" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Agency [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AgencySecuritiesMember" xlink:label="loc_us-gaap_AgencySecuritiesMember_18BCB29525041BBC899A8D44C8C5A3AD" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AgencySecuritiesMember_18BCB29525041BBC899A8D44C8C5A3AD" xlink:to="lab_us-gaap_AgencySecuritiesMember_18BCB29525041BBC899A8D44C8C5A3AD" xlink:type="arc"/>
<link:label id="lab_bac_AgencyCollateralizedMortgageObligationsMember_48D88730985A6A588BAC8D44C8C5907F_verboseLabel_en-US" xlink:label="lab_bac_AgencyCollateralizedMortgageObligationsMember_48D88730985A6A588BAC8D44C8C5907F" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Agency-collateralized mortgage obligations [Member] </link:label>
<link:label id="lab_bac_AgencyCollateralizedMortgageObligationsMember_48D88730985A6A588BAC8D44C8C5907F_label_en-US" xlink:label="lab_bac_AgencyCollateralizedMortgageObligationsMember_48D88730985A6A588BAC8D44C8C5907F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Agency Collateralized mortgage obligations [Member] </link:label>
<link:label id="lab_bac_AgencyCollateralizedMortgageObligationsMember_48D88730985A6A588BAC8D44C8C5907F_documentation_en-US" xlink:label="lab_bac_AgencyCollateralizedMortgageObligationsMember_48D88730985A6A588BAC8D44C8C5907F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Agency-collateralized mortgage obligations. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_AgencyCollateralizedMortgageObligationsMember" xlink:label="loc_bac_AgencyCollateralizedMortgageObligationsMember_48D88730985A6A588BAC8D44C8C5907F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_AgencyCollateralizedMortgageObligationsMember_48D88730985A6A588BAC8D44C8C5907F" xlink:to="lab_bac_AgencyCollateralizedMortgageObligationsMember_48D88730985A6A588BAC8D44C8C5907F" xlink:type="arc"/>
<link:label id="lab_bac_NonAgencyMBSMember_DEDE85C606CE4BF615A38D44C8C5EBD8_verboseLabel_en-US" xlink:label="lab_bac_NonAgencyMBSMember_DEDE85C606CE4BF615A38D44C8C5EBD8" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Non-Agency MBS [Member] </link:label>
<link:label id="lab_bac_NonAgencyMBSMember_DEDE85C606CE4BF615A38D44C8C5EBD8_label_en-US" xlink:label="lab_bac_NonAgencyMBSMember_DEDE85C606CE4BF615A38D44C8C5EBD8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Non Agency M B S [Member] </link:label>
<link:label id="lab_bac_NonAgencyMBSMember_DEDE85C606CE4BF615A38D44C8C5EBD8_documentation_en-US" xlink:label="lab_bac_NonAgencyMBSMember_DEDE85C606CE4BF615A38D44C8C5EBD8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> -- None. No documentation exists for this element. -- </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_NonAgencyMBSMember" xlink:label="loc_bac_NonAgencyMBSMember_DEDE85C606CE4BF615A38D44C8C5EBD8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_NonAgencyMBSMember_DEDE85C606CE4BF615A38D44C8C5EBD8" xlink:to="lab_bac_NonAgencyMBSMember_DEDE85C606CE4BF615A38D44C8C5EBD8" xlink:type="arc"/>
<link:label id="lab_us-gaap_CorporateBondSecuritiesMember_7BDE4C4BB2BE736E5E088D44C8C6B297_terseLabel_en-US" xlink:label="lab_us-gaap_CorporateBondSecuritiesMember_7BDE4C4BB2BE736E5E088D44C8C6B297" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Corporate Bond [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CorporateBondSecuritiesMember" xlink:label="loc_us-gaap_CorporateBondSecuritiesMember_7BDE4C4BB2BE736E5E088D44C8C6B297" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CorporateBondSecuritiesMember_7BDE4C4BB2BE736E5E088D44C8C6B297" xlink:to="lab_us-gaap_CorporateBondSecuritiesMember_7BDE4C4BB2BE736E5E088D44C8C6B297" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_2C306529D7298B255BA98D44C8C77762_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_2C306529D7298B255BA98D44C8C77762" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] </link:label>
<link:label id="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_2C306529D7298B255BA98D44C8C77762_label_en-US" xlink:label="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_2C306529D7298B255BA98D44C8C77762" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems" xlink:label="loc_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_2C306529D7298B255BA98D44C8C77762" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_2C306529D7298B255BA98D44C8C77762" xlink:to="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_2C306529D7298B255BA98D44C8C77762" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationAbstract_07BDA91D0A279DB141D58D44C8C71123_verboseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationAbstract_07BDA91D0A279DB141D58D44C8C71123" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Reconciliation of all assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs Level(3) </link:label>
<link:label id="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationAbstract_07BDA91D0A279DB141D58D44C8C71123_label_en-US" xlink:label="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationAbstract_07BDA91D0A279DB141D58D44C8C71123" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationAbstract" xlink:label="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationAbstract_07BDA91D0A279DB141D58D44C8C71123" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationAbstract_07BDA91D0A279DB141D58D44C8C71123" xlink:to="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationAbstract_07BDA91D0A279DB141D58D44C8C71123" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_502EB04C0A548AF285E88D44C8C77A4E_periodStartLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_502EB04C0A548AF285E88D44C8C77A4E" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US"> Beginning Balance </link:label>
<link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_502EB04C0A548AF285E88D44C8C77A4E_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_502EB04C0A548AF285E88D44C8C77A4E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue" xlink:label="loc_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_502EB04C0A548AF285E88D44C8C77A4E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_502EB04C0A548AF285E88D44C8C77A4E" xlink:to="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_502EB04C0A548AF285E88D44C8C77A4E" xlink:type="arc"/>
<link:label id="lab_bac_ConsolidationOfVariableInterestEntities_EE914DD6E60CD9A888528D44C8C72BBB_verboseLabel_en-US" xlink:label="lab_bac_ConsolidationOfVariableInterestEntities_EE914DD6E60CD9A888528D44C8C72BBB" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Consolidation of VIEs </link:label>
<link:label id="lab_bac_ConsolidationOfVariableInterestEntities_EE914DD6E60CD9A888528D44C8C72BBB_label_en-US" xlink:label="lab_bac_ConsolidationOfVariableInterestEntities_EE914DD6E60CD9A888528D44C8C72BBB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Consolidation Of Variable Interest Entities </link:label>
<link:label id="lab_bac_ConsolidationOfVariableInterestEntities_EE914DD6E60CD9A888528D44C8C72BBB_documentation_en-US" xlink:label="lab_bac_ConsolidationOfVariableInterestEntities_EE914DD6E60CD9A888528D44C8C72BBB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the impact from consolidation of variable interest entities. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ConsolidationOfVariableInterestEntities" xlink:label="loc_bac_ConsolidationOfVariableInterestEntities_EE914DD6E60CD9A888528D44C8C72BBB" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ConsolidationOfVariableInterestEntities_EE914DD6E60CD9A888528D44C8C72BBB" xlink:to="lab_bac_ConsolidationOfVariableInterestEntities_EE914DD6E60CD9A888528D44C8C72BBB" xlink:type="arc"/>
<link:label id="lab_bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValueAcquisition_E4343BBC235599D06E39931F6E8BC860_terseLabel_en-US" xlink:label="lab_bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValueAcquisition_E4343BBC235599D06E39931F6E8BC860" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Merrill Lynch Acquisition </link:label>
<link:label id="lab_bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValueAcquisition_E4343BBC235599D06E39931F6E8BC860_label_en-US" xlink:label="lab_bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValueAcquisition_E4343BBC235599D06E39931F6E8BC860" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value, Acquisition </link:label>
<link:label id="lab_bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValueAcquisition_E4343BBC235599D06E39931F6E8BC860_documentation_en-US" xlink:label="lab_bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValueAcquisition_E4343BBC235599D06E39931F6E8BC860" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the fair value at acquisition date of assets acquired and measured at fair value on a recurring basis using significant unobservable inputs (Level 3) related to the Merrill Lynch acquisition. </link:label>
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<link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncome_F2118A90CA097624CC208D44C8C75E28_verboseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncome_F2118A90CA097624CC208D44C8C75E28" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Gains (Losses) Included in OCI </link:label>
<link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncome_F2118A90CA097624CC208D44C8C75E28_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncome_F2118A90CA097624CC208D44C8C75E28" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Other Comprehensive Income (Loss) </link:label>
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<link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases_5C46DE849FF85202916B8D44C8C747E9_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases_5C46DE849FF85202916B8D44C8C747E9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases </link:label>
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<link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales_61B570C652E5D70B1E1D8D44C8C73575_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales_61B570C652E5D70B1E1D8D44C8C73575" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Sales </link:label>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements" xlink:label="loc_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements_500825257E5DB7468FDF8D44C8C793B0" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchasesSalesIssuancesSettlements_6E4376CE29AB4B86BD888D44C8C74E5C_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchasesSalesIssuancesSettlements_6E4376CE29AB4B86BD888D44C8C74E5C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Purchases, Issuances and Settlements </link:label>
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<link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3_E1887F20EFA2E2D022028D44C8C89454_verboseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3_E1887F20EFA2E2D022028D44C8C89454" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Gross Transfers into Level 3 </link:label>
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<link:label id="lab_bac_NationsBankMember_53D5E8B904A6C37E64919A3C147E641E_terseLabel_en-US" xlink:label="lab_bac_NationsBankMember_53D5E8B904A6C37E64919A3C147E641E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Nations Bank [Member] </link:label>
<link:label id="lab_bac_NationsBankMember_53D5E8B904A6C37E64919A3C147E641E_label_en-US" xlink:label="lab_bac_NationsBankMember_53D5E8B904A6C37E64919A3C147E641E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Nations Bank [Member] </link:label>
<link:label id="lab_bac_NationsBankMember_53D5E8B904A6C37E64919A3C147E641E_documentation_en-US" xlink:label="lab_bac_NationsBankMember_53D5E8B904A6C37E64919A3C147E641E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Nations Bank [Member] </link:label>
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<link:label id="lab_bac_FleetMember_987A6AB7D5F45A882D089A3C6A4087BF_terseLabel_en-US" xlink:label="lab_bac_FleetMember_987A6AB7D5F45A882D089A3C6A4087BF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fleet [Member] </link:label>
<link:label id="lab_bac_FleetMember_987A6AB7D5F45A882D089A3C6A4087BF_label_en-US" xlink:label="lab_bac_FleetMember_987A6AB7D5F45A882D089A3C6A4087BF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fleet [Member] </link:label>
<link:label id="lab_bac_FleetMember_987A6AB7D5F45A882D089A3C6A4087BF_documentation_en-US" xlink:label="lab_bac_FleetMember_987A6AB7D5F45A882D089A3C6A4087BF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Fleet [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_FleetMember" xlink:label="loc_bac_FleetMember_987A6AB7D5F45A882D089A3C6A4087BF" xlink:type="locator"/>
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<link:label id="lab_bac_BankAmericaMember_07206761B6A4AF4F315E9A3CA479CCE5_terseLabel_en-US" xlink:label="lab_bac_BankAmericaMember_07206761B6A4AF4F315E9A3CA479CCE5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Bank America [Member] </link:label>
<link:label id="lab_bac_BankAmericaMember_07206761B6A4AF4F315E9A3CA479CCE5_label_en-US" xlink:label="lab_bac_BankAmericaMember_07206761B6A4AF4F315E9A3CA479CCE5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Bank America [Member] </link:label>
<link:label id="lab_bac_BankAmericaMember_07206761B6A4AF4F315E9A3CA479CCE5_documentation_en-US" xlink:label="lab_bac_BankAmericaMember_07206761B6A4AF4F315E9A3CA479CCE5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Bank America [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_BankAmericaMember" xlink:label="loc_bac_BankAmericaMember_07206761B6A4AF4F315E9A3CA479CCE5" xlink:type="locator"/>
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<link:label id="lab_bac_BankbostonMember_DA9621438971E85EE1D19A3D39EEC749_terseLabel_en-US" xlink:label="lab_bac_BankbostonMember_DA9621438971E85EE1D19A3D39EEC749" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> BankBoston [Member] </link:label>
<link:label id="lab_bac_BankbostonMember_DA9621438971E85EE1D19A3D39EEC749_label_en-US" xlink:label="lab_bac_BankbostonMember_DA9621438971E85EE1D19A3D39EEC749" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> BankBoston [Member] </link:label>
<link:label id="lab_bac_BankbostonMember_DA9621438971E85EE1D19A3D39EEC749_documentation_en-US" xlink:label="lab_bac_BankbostonMember_DA9621438971E85EE1D19A3D39EEC749" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> BankBoston [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_BankbostonMember" xlink:label="loc_bac_BankbostonMember_DA9621438971E85EE1D19A3D39EEC749" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_BankbostonMember_DA9621438971E85EE1D19A3D39EEC749" xlink:to="lab_bac_BankbostonMember_DA9621438971E85EE1D19A3D39EEC749" xlink:type="arc"/>
<link:label id="lab_bac_MbnaMember_B6684C9E71A92C5A96259A3D74112A8F_terseLabel_en-US" xlink:label="lab_bac_MbnaMember_B6684C9E71A92C5A96259A3D74112A8F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> MBNA [Member] </link:label>
<link:label id="lab_bac_MbnaMember_B6684C9E71A92C5A96259A3D74112A8F_label_en-US" xlink:label="lab_bac_MbnaMember_B6684C9E71A92C5A96259A3D74112A8F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> MBNA [Member] </link:label>
<link:label id="lab_bac_MbnaMember_B6684C9E71A92C5A96259A3D74112A8F_documentation_en-US" xlink:label="lab_bac_MbnaMember_B6684C9E71A92C5A96259A3D74112A8F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> MBNA [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_MbnaMember" xlink:label="loc_bac_MbnaMember_B6684C9E71A92C5A96259A3D74112A8F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_MbnaMember_B6684C9E71A92C5A96259A3D74112A8F" xlink:to="lab_bac_MbnaMember_B6684C9E71A92C5A96259A3D74112A8F" xlink:type="arc"/>
<link:label id="lab_bac_TrustSecuritiesMember_EA0192DE98D186A17BC59A3994809EB9_terseLabel_en-US" xlink:label="lab_bac_TrustSecuritiesMember_EA0192DE98D186A17BC59A3994809EB9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Trust Securities [Member] </link:label>
<link:label id="lab_bac_TrustSecuritiesMember_EA0192DE98D186A17BC59A3994809EB9_label_en-US" xlink:label="lab_bac_TrustSecuritiesMember_EA0192DE98D186A17BC59A3994809EB9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Trust Securities [Member] </link:label>
<link:label id="lab_bac_TrustSecuritiesMember_EA0192DE98D186A17BC59A3994809EB9_documentation_en-US" xlink:label="lab_bac_TrustSecuritiesMember_EA0192DE98D186A17BC59A3994809EB9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Trust Securities [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_TrustSecuritiesMember" xlink:label="loc_bac_TrustSecuritiesMember_EA0192DE98D186A17BC59A3994809EB9" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_TrustSecuritiesMember_EA0192DE98D186A17BC59A3994809EB9" xlink:to="lab_bac_TrustSecuritiesMember_EA0192DE98D186A17BC59A3994809EB9" xlink:type="arc"/>
<link:label id="lab_bac_CapitalTrustThirteenMember_4F1DC5873EB042BEEE679A3993B221F8_terseLabel_en-US" xlink:label="lab_bac_CapitalTrustThirteenMember_4F1DC5873EB042BEEE679A3993B221F8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Capital Trust Thirteen [Member] </link:label>
<link:label id="lab_bac_CapitalTrustThirteenMember_4F1DC5873EB042BEEE679A3993B221F8_label_en-US" xlink:label="lab_bac_CapitalTrustThirteenMember_4F1DC5873EB042BEEE679A3993B221F8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Capital Trust Thirteen [Member] </link:label>
<link:label id="lab_bac_CapitalTrustThirteenMember_4F1DC5873EB042BEEE679A3993B221F8_documentation_en-US" xlink:label="lab_bac_CapitalTrustThirteenMember_4F1DC5873EB042BEEE679A3993B221F8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Capital Trust Thirteen [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CapitalTrustThirteenMember" xlink:label="loc_bac_CapitalTrustThirteenMember_4F1DC5873EB042BEEE679A3993B221F8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CapitalTrustThirteenMember_4F1DC5873EB042BEEE679A3993B221F8" xlink:to="lab_bac_CapitalTrustThirteenMember_4F1DC5873EB042BEEE679A3993B221F8" xlink:type="arc"/>
<link:label id="lab_bac_CapitalTrustFourteenMember_D8B62B396C73E7D64F6D9A3A58359B4E_terseLabel_en-US" xlink:label="lab_bac_CapitalTrustFourteenMember_D8B62B396C73E7D64F6D9A3A58359B4E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Capital Trust Fourteen [Member] </link:label>
<link:label id="lab_bac_CapitalTrustFourteenMember_D8B62B396C73E7D64F6D9A3A58359B4E_label_en-US" xlink:label="lab_bac_CapitalTrustFourteenMember_D8B62B396C73E7D64F6D9A3A58359B4E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Capital Trust Fourteen [Member] </link:label>
<link:label id="lab_bac_CapitalTrustFourteenMember_D8B62B396C73E7D64F6D9A3A58359B4E_documentation_en-US" xlink:label="lab_bac_CapitalTrustFourteenMember_D8B62B396C73E7D64F6D9A3A58359B4E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Capital Trust Fourteen [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CapitalTrustFourteenMember" xlink:label="loc_bac_CapitalTrustFourteenMember_D8B62B396C73E7D64F6D9A3A58359B4E" xlink:type="locator"/>
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<link:label id="lab_bac_CapitalTrustOneMember_7010E07307BAD74EE8479A3B1746D149_terseLabel_en-US" xlink:label="lab_bac_CapitalTrustOneMember_7010E07307BAD74EE8479A3B1746D149" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Capital Trust One [Member] </link:label>
<link:label id="lab_bac_CapitalTrustOneMember_7010E07307BAD74EE8479A3B1746D149_label_en-US" xlink:label="lab_bac_CapitalTrustOneMember_7010E07307BAD74EE8479A3B1746D149" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Capital Trust One [Member] </link:label>
<link:label id="lab_bac_CapitalTrustOneMember_7010E07307BAD74EE8479A3B1746D149_documentation_en-US" xlink:label="lab_bac_CapitalTrustOneMember_7010E07307BAD74EE8479A3B1746D149" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Capital Trust One [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CapitalTrustOneMember" xlink:label="loc_bac_CapitalTrustOneMember_7010E07307BAD74EE8479A3B1746D149" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CapitalTrustOneMember_7010E07307BAD74EE8479A3B1746D149" xlink:to="lab_bac_CapitalTrustOneMember_7010E07307BAD74EE8479A3B1746D149" xlink:type="arc"/>
<link:label id="lab_bac_CapitalTrustTwoMember_695290F1584EF59C11BC9A3B19EDA2F3_terseLabel_en-US" xlink:label="lab_bac_CapitalTrustTwoMember_695290F1584EF59C11BC9A3B19EDA2F3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Capital Trust Two [Member] </link:label>
<link:label id="lab_bac_CapitalTrustTwoMember_695290F1584EF59C11BC9A3B19EDA2F3_label_en-US" xlink:label="lab_bac_CapitalTrustTwoMember_695290F1584EF59C11BC9A3B19EDA2F3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Capital Trust Two [Member] </link:label>
<link:label id="lab_bac_CapitalTrustTwoMember_695290F1584EF59C11BC9A3B19EDA2F3_documentation_en-US" xlink:label="lab_bac_CapitalTrustTwoMember_695290F1584EF59C11BC9A3B19EDA2F3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Capital Trust Two [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CapitalTrustTwoMember" xlink:label="loc_bac_CapitalTrustTwoMember_695290F1584EF59C11BC9A3B19EDA2F3" xlink:type="locator"/>
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<link:label id="lab_bac_CapitalTrustThreeMember_5447685C631969EB687D9A3B1D166F52_terseLabel_en-US" xlink:label="lab_bac_CapitalTrustThreeMember_5447685C631969EB687D9A3B1D166F52" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Capital Trust Three [Member] </link:label>
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<link:label id="lab_bac_CapitalTrustThreeMember_5447685C631969EB687D9A3B1D166F52_documentation_en-US" xlink:label="lab_bac_CapitalTrustThreeMember_5447685C631969EB687D9A3B1D166F52" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Capital Trust Three [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CapitalTrustThreeMember" xlink:label="loc_bac_CapitalTrustThreeMember_5447685C631969EB687D9A3B1D166F52" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CapitalTrustThreeMember_5447685C631969EB687D9A3B1D166F52" xlink:to="lab_bac_CapitalTrustThreeMember_5447685C631969EB687D9A3B1D166F52" xlink:type="arc"/>
<link:label id="lab_bac_CapitalTrustFourMember_73EDA35C4B2CA913EC829A3B1FB7B94D_terseLabel_en-US" xlink:label="lab_bac_CapitalTrustFourMember_73EDA35C4B2CA913EC829A3B1FB7B94D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Capital Trust Four [Member] </link:label>
<link:label id="lab_bac_CapitalTrustFourMember_73EDA35C4B2CA913EC829A3B1FB7B94D_label_en-US" xlink:label="lab_bac_CapitalTrustFourMember_73EDA35C4B2CA913EC829A3B1FB7B94D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Capital Trust Four [Member] </link:label>
<link:label id="lab_bac_CapitalTrustFourMember_73EDA35C4B2CA913EC829A3B1FB7B94D_documentation_en-US" xlink:label="lab_bac_CapitalTrustFourMember_73EDA35C4B2CA913EC829A3B1FB7B94D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Capital Trust Four [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CapitalTrustFourMember" xlink:label="loc_bac_CapitalTrustFourMember_73EDA35C4B2CA913EC829A3B1FB7B94D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CapitalTrustFourMember_73EDA35C4B2CA913EC829A3B1FB7B94D" xlink:to="lab_bac_CapitalTrustFourMember_73EDA35C4B2CA913EC829A3B1FB7B94D" xlink:type="arc"/>
<link:label id="lab_bac_CapitalTrustFiveMember_ECAEC6A609F857BE79529A3B21FE8604_terseLabel_en-US" xlink:label="lab_bac_CapitalTrustFiveMember_ECAEC6A609F857BE79529A3B21FE8604" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Capital Trust Five [Member] </link:label>
<link:label id="lab_bac_CapitalTrustFiveMember_ECAEC6A609F857BE79529A3B21FE8604_label_en-US" xlink:label="lab_bac_CapitalTrustFiveMember_ECAEC6A609F857BE79529A3B21FE8604" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Capital Trust Five [Member] </link:label>
<link:label id="lab_bac_CapitalTrustFiveMember_ECAEC6A609F857BE79529A3B21FE8604_documentation_en-US" xlink:label="lab_bac_CapitalTrustFiveMember_ECAEC6A609F857BE79529A3B21FE8604" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Capital Trust Five [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CapitalTrustFiveMember" xlink:label="loc_bac_CapitalTrustFiveMember_ECAEC6A609F857BE79529A3B21FE8604" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CapitalTrustFiveMember_ECAEC6A609F857BE79529A3B21FE8604" xlink:to="lab_bac_CapitalTrustFiveMember_ECAEC6A609F857BE79529A3B21FE8604" xlink:type="arc"/>
<link:label id="lab_bac_CapitalTrustSixMember_394EF7A91F1E3388F4AD9A3B245D5817_terseLabel_en-US" xlink:label="lab_bac_CapitalTrustSixMember_394EF7A91F1E3388F4AD9A3B245D5817" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Capital Trust Six [Member] </link:label>
<link:label id="lab_bac_CapitalTrustSixMember_394EF7A91F1E3388F4AD9A3B245D5817_label_en-US" xlink:label="lab_bac_CapitalTrustSixMember_394EF7A91F1E3388F4AD9A3B245D5817" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Capital Trust Six [Member] </link:label>
<link:label id="lab_bac_CapitalTrustSixMember_394EF7A91F1E3388F4AD9A3B245D5817_documentation_en-US" xlink:label="lab_bac_CapitalTrustSixMember_394EF7A91F1E3388F4AD9A3B245D5817" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Capital Trust Six [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CapitalTrustSixMember" xlink:label="loc_bac_CapitalTrustSixMember_394EF7A91F1E3388F4AD9A3B245D5817" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CapitalTrustSixMember_394EF7A91F1E3388F4AD9A3B245D5817" xlink:to="lab_bac_CapitalTrustSixMember_394EF7A91F1E3388F4AD9A3B245D5817" xlink:type="arc"/>
<link:label id="lab_bac_CapitalTrustSevenMember_47209F552CF430DA95709A3B265A96D1_terseLabel_en-US" xlink:label="lab_bac_CapitalTrustSevenMember_47209F552CF430DA95709A3B265A96D1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Capital Trust Seven [Member] </link:label>
<link:label id="lab_bac_CapitalTrustSevenMember_47209F552CF430DA95709A3B265A96D1_label_en-US" xlink:label="lab_bac_CapitalTrustSevenMember_47209F552CF430DA95709A3B265A96D1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Capital Trust Seven [Member] </link:label>
<link:label id="lab_bac_CapitalTrustSevenMember_47209F552CF430DA95709A3B265A96D1_documentation_en-US" xlink:label="lab_bac_CapitalTrustSevenMember_47209F552CF430DA95709A3B265A96D1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Capital Trust Seven [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CapitalTrustSevenMember" xlink:label="loc_bac_CapitalTrustSevenMember_47209F552CF430DA95709A3B265A96D1" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CapitalTrustSevenMember_47209F552CF430DA95709A3B265A96D1" xlink:to="lab_bac_CapitalTrustSevenMember_47209F552CF430DA95709A3B265A96D1" xlink:type="arc"/>
<link:label id="lab_bac_CapitalTrustEightMember_3E1FB411EE3F40149B249A3B2908B87F_terseLabel_en-US" xlink:label="lab_bac_CapitalTrustEightMember_3E1FB411EE3F40149B249A3B2908B87F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Capital Trust Eight [Member] </link:label>
<link:label id="lab_bac_CapitalTrustEightMember_3E1FB411EE3F40149B249A3B2908B87F_label_en-US" xlink:label="lab_bac_CapitalTrustEightMember_3E1FB411EE3F40149B249A3B2908B87F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Capital Trust Eight [Member] </link:label>
<link:label id="lab_bac_CapitalTrustEightMember_3E1FB411EE3F40149B249A3B2908B87F_documentation_en-US" xlink:label="lab_bac_CapitalTrustEightMember_3E1FB411EE3F40149B249A3B2908B87F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Capital Trust Eight [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CapitalTrustEightMember" xlink:label="loc_bac_CapitalTrustEightMember_3E1FB411EE3F40149B249A3B2908B87F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CapitalTrustEightMember_3E1FB411EE3F40149B249A3B2908B87F" xlink:to="lab_bac_CapitalTrustEightMember_3E1FB411EE3F40149B249A3B2908B87F" xlink:type="arc"/>
<link:label id="lab_bac_CapitalTrustTenMember_D61F66DF7B6B23B61C349A3B2B1D8B13_terseLabel_en-US" xlink:label="lab_bac_CapitalTrustTenMember_D61F66DF7B6B23B61C349A3B2B1D8B13" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Capital Trust Ten [Member] </link:label>
<link:label id="lab_bac_CapitalTrustTenMember_D61F66DF7B6B23B61C349A3B2B1D8B13_label_en-US" xlink:label="lab_bac_CapitalTrustTenMember_D61F66DF7B6B23B61C349A3B2B1D8B13" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Capital Trust Ten [Member] </link:label>
<link:label id="lab_bac_CapitalTrustTenMember_D61F66DF7B6B23B61C349A3B2B1D8B13_documentation_en-US" xlink:label="lab_bac_CapitalTrustTenMember_D61F66DF7B6B23B61C349A3B2B1D8B13" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Capital Trust Ten [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CapitalTrustTenMember" xlink:label="loc_bac_CapitalTrustTenMember_D61F66DF7B6B23B61C349A3B2B1D8B13" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CapitalTrustTenMember_D61F66DF7B6B23B61C349A3B2B1D8B13" xlink:to="lab_bac_CapitalTrustTenMember_D61F66DF7B6B23B61C349A3B2B1D8B13" xlink:type="arc"/>
<link:label id="lab_bac_CapitalTrustElevenMember_F544A803BB89472C20ED9A3B2D145A3B_terseLabel_en-US" xlink:label="lab_bac_CapitalTrustElevenMember_F544A803BB89472C20ED9A3B2D145A3B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Capital Trust Eleven [Member] </link:label>
<link:label id="lab_bac_CapitalTrustElevenMember_F544A803BB89472C20ED9A3B2D145A3B_label_en-US" xlink:label="lab_bac_CapitalTrustElevenMember_F544A803BB89472C20ED9A3B2D145A3B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Capital Trust Eleven [Member] </link:label>
<link:label id="lab_bac_CapitalTrustElevenMember_F544A803BB89472C20ED9A3B2D145A3B_documentation_en-US" xlink:label="lab_bac_CapitalTrustElevenMember_F544A803BB89472C20ED9A3B2D145A3B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Capital Trust Eleven [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CapitalTrustElevenMember" xlink:label="loc_bac_CapitalTrustElevenMember_F544A803BB89472C20ED9A3B2D145A3B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CapitalTrustElevenMember_F544A803BB89472C20ED9A3B2D145A3B" xlink:to="lab_bac_CapitalTrustElevenMember_F544A803BB89472C20ED9A3B2D145A3B" xlink:type="arc"/>
<link:label id="lab_bac_CapitalTrustFifteenMember_F787212D58FC2A602F6A9A3BD4F7C0F3_terseLabel_en-US" xlink:label="lab_bac_CapitalTrustFifteenMember_F787212D58FC2A602F6A9A3BD4F7C0F3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Capital Trust Fifteen [Member] </link:label>
<link:label id="lab_bac_CapitalTrustFifteenMember_F787212D58FC2A602F6A9A3BD4F7C0F3_label_en-US" xlink:label="lab_bac_CapitalTrustFifteenMember_F787212D58FC2A602F6A9A3BD4F7C0F3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Capital Trust Fifteen [Member] </link:label>
<link:label id="lab_bac_CapitalTrustFifteenMember_F787212D58FC2A602F6A9A3BD4F7C0F3_documentation_en-US" xlink:label="lab_bac_CapitalTrustFifteenMember_F787212D58FC2A602F6A9A3BD4F7C0F3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Capital Trust Fifteen [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CapitalTrustFifteenMember" xlink:label="loc_bac_CapitalTrustFifteenMember_F787212D58FC2A602F6A9A3BD4F7C0F3" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CapitalTrustFifteenMember_F787212D58FC2A602F6A9A3BD4F7C0F3" xlink:to="lab_bac_CapitalTrustFifteenMember_F787212D58FC2A602F6A9A3BD4F7C0F3" xlink:type="arc"/>
<link:label id="lab_bac_CapitalThreeMember_078E0ECEA6A8354D9E499A3CA2B47E85_terseLabel_en-US" xlink:label="lab_bac_CapitalThreeMember_078E0ECEA6A8354D9E499A3CA2B47E85" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Capital Three [Member] </link:label>
<link:label id="lab_bac_CapitalThreeMember_078E0ECEA6A8354D9E499A3CA2B47E85_label_en-US" xlink:label="lab_bac_CapitalThreeMember_078E0ECEA6A8354D9E499A3CA2B47E85" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Capital Three [Member] </link:label>
<link:label id="lab_bac_CapitalThreeMember_078E0ECEA6A8354D9E499A3CA2B47E85_documentation_en-US" xlink:label="lab_bac_CapitalThreeMember_078E0ECEA6A8354D9E499A3CA2B47E85" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Capital Three [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CapitalThreeMember" xlink:label="loc_bac_CapitalThreeMember_078E0ECEA6A8354D9E499A3CA2B47E85" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CapitalThreeMember_078E0ECEA6A8354D9E499A3CA2B47E85" xlink:to="lab_bac_CapitalThreeMember_078E0ECEA6A8354D9E499A3CA2B47E85" xlink:type="arc"/>
<link:label id="lab_bac_CapitalTrustBMember_7C1B0B5FA515FB5502A39A3D728C5E4B_terseLabel_en-US" xlink:label="lab_bac_CapitalTrustBMember_7C1B0B5FA515FB5502A39A3D728C5E4B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Capital Trust B [Member] </link:label>
<link:label id="lab_bac_CapitalTrustBMember_7C1B0B5FA515FB5502A39A3D728C5E4B_label_en-US" xlink:label="lab_bac_CapitalTrustBMember_7C1B0B5FA515FB5502A39A3D728C5E4B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Capital Trust B [Member] </link:label>
<link:label id="lab_bac_CapitalTrustBMember_7C1B0B5FA515FB5502A39A3D728C5E4B_documentation_en-US" xlink:label="lab_bac_CapitalTrustBMember_7C1B0B5FA515FB5502A39A3D728C5E4B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Capital Trust B [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CapitalTrustBMember" xlink:label="loc_bac_CapitalTrustBMember_7C1B0B5FA515FB5502A39A3D728C5E4B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CapitalTrustBMember_7C1B0B5FA515FB5502A39A3D728C5E4B" xlink:to="lab_bac_CapitalTrustBMember_7C1B0B5FA515FB5502A39A3D728C5E4B" xlink:type="arc"/>
<link:label id="lab_bac_AggregatePrincipalAmountOfDebtExchanged_8C88F08DB3B162DD19C99A376B02BC19_terseLabel_en-US" xlink:label="lab_bac_AggregatePrincipalAmountOfDebtExchanged_8C88F08DB3B162DD19C99A376B02BC19" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Aggregate Principal Amount of Debt Exchanged </link:label>
<link:label id="lab_bac_AggregatePrincipalAmountOfDebtExchanged_8C88F08DB3B162DD19C99A376B02BC19_label_en-US" xlink:label="lab_bac_AggregatePrincipalAmountOfDebtExchanged_8C88F08DB3B162DD19C99A376B02BC19" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Aggregate Principal Amount of Debt Exchanged </link:label>
<link:label id="lab_bac_AggregatePrincipalAmountOfDebtExchanged_8C88F08DB3B162DD19C99A376B02BC19_documentation_en-US" xlink:label="lab_bac_AggregatePrincipalAmountOfDebtExchanged_8C88F08DB3B162DD19C99A376B02BC19" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Aggregate Principal Amount of Debt Exchanged </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_AggregatePrincipalAmountOfDebtExchanged" xlink:label="loc_bac_AggregatePrincipalAmountOfDebtExchanged_8C88F08DB3B162DD19C99A376B02BC19" xlink:type="locator"/>
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<link:label id="lab_bac_AccruedExpensesAndOtherLiabilities_FD5D90F9086D209A299EF8913DCA3F3C_negatedTerseLabel_en-US" xlink:label="lab_bac_AccruedExpensesAndOtherLiabilities_FD5D90F9086D209A299EF8913DCA3F3C" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Accrued Expenses And Other Liabilities </link:label>
<link:label id="lab_bac_AccruedExpensesAndOtherLiabilities_FD5D90F9086D209A299EF8913DCA3F3C_label_en-US" xlink:label="lab_bac_AccruedExpensesAndOtherLiabilities_FD5D90F9086D209A299EF8913DCA3F3C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Accrued Expenses And Other Liabilities </link:label>
<link:label id="lab_bac_AccruedExpensesAndOtherLiabilities_FD5D90F9086D209A299EF8913DCA3F3C_documentation_en-US" xlink:label="lab_bac_AccruedExpensesAndOtherLiabilities_FD5D90F9086D209A299EF8913DCA3F3C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Carrying amount as of the balance sheet date of liabilities not otherwise specified in the taxonomy. Also, serves as the sum of liabilities not individually reported in the financial statements, or not separately disclosed in the notes. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_AccruedExpensesAndOtherLiabilities" xlink:label="loc_bac_AccruedExpensesAndOtherLiabilities_FD5D90F9086D209A299EF8913DCA3F3C" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanAmountsRecognizedInBalanceSheet_5D88C64363469AB8B1A4F891EDF6AEEA_totalLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAmountsRecognizedInBalanceSheet_5D88C64363469AB8B1A4F891EDF6AEEA" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Net Amount Recognized at December 31 </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanAmountsRecognizedInBalanceSheet_5D88C64363469AB8B1A4F891EDF6AEEA_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAmountsRecognizedInBalanceSheet_5D88C64363469AB8B1A4F891EDF6AEEA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Amounts Recognized in Balance Sheet </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DefinedBenefitPlanAmountsRecognizedInBalanceSheet" xlink:label="loc_us-gaap_DefinedBenefitPlanAmountsRecognizedInBalanceSheet_5D88C64363469AB8B1A4F891EDF6AEEA" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ScheduleOfHeldToMaturitySecuritiesTable_0C5A0A763503578497CABBDD5EB4CACC_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfHeldToMaturitySecuritiesTable_0C5A0A763503578497CABBDD5EB4CACC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Held-to-maturity Securities [Table] </link:label>
<link:label id="lab_us-gaap_ScheduleOfHeldToMaturitySecuritiesTable_0C5A0A763503578497CABBDD5EB4CACC_label_en-US" xlink:label="lab_us-gaap_ScheduleOfHeldToMaturitySecuritiesTable_0C5A0A763503578497CABBDD5EB4CACC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Held-to-maturity Securities [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ScheduleOfHeldToMaturitySecuritiesTable" xlink:label="loc_us-gaap_ScheduleOfHeldToMaturitySecuritiesTable_0C5A0A763503578497CABBDD5EB4CACC" xlink:type="locator"/>
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<link:label id="lab_bac_DebtSecurityBondRatingResidentialPrimeMember_A9DF3822F599E32D15AFBC22D40277D6_label_en-US" xlink:label="lab_bac_DebtSecurityBondRatingResidentialPrimeMember_A9DF3822F599E32D15AFBC22D40277D6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Debt Security Bond Rating, Residential Prime [Member] </link:label>
<link:label id="lab_bac_DebtSecurityBondRatingResidentialPrimeMember_A9DF3822F599E32D15AFBC22D40277D6_documentation_en-US" xlink:label="lab_bac_DebtSecurityBondRatingResidentialPrimeMember_A9DF3822F599E32D15AFBC22D40277D6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Debt Security Bond Rating, Residential Prime [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_DebtSecurityBondRatingResidentialPrimeMember" xlink:label="loc_bac_DebtSecurityBondRatingResidentialPrimeMember_A9DF3822F599E32D15AFBC22D40277D6" xlink:type="locator"/>
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<link:label id="lab_bac_DebtSecurityBondRatingResidentialAltAMember_2BC6759AEC80CE43F661BC230ABEE986_label_en-US" xlink:label="lab_bac_DebtSecurityBondRatingResidentialAltAMember_2BC6759AEC80CE43F661BC230ABEE986" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Debt Security Bond Rating, Residential Alt-A [Member] </link:label>
<link:label id="lab_bac_DebtSecurityBondRatingResidentialAltAMember_2BC6759AEC80CE43F661BC230ABEE986_documentation_en-US" xlink:label="lab_bac_DebtSecurityBondRatingResidentialAltAMember_2BC6759AEC80CE43F661BC230ABEE986" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Debt Security Bond Rating, Residential Alt-A [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_DebtSecurityBondRatingResidentialAltAMember" xlink:label="loc_bac_DebtSecurityBondRatingResidentialAltAMember_2BC6759AEC80CE43F661BC230ABEE986" xlink:type="locator"/>
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<link:label id="lab_bac_DebtSecurityBondRatingResidentialSubprimeMember_E28DC999FC732E6FDE91BC23356D819B_label_en-US" xlink:label="lab_bac_DebtSecurityBondRatingResidentialSubprimeMember_E28DC999FC732E6FDE91BC23356D819B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Debt Security Bond Rating, Residential Subprime [Member] </link:label>
<link:label id="lab_bac_DebtSecurityBondRatingResidentialSubprimeMember_E28DC999FC732E6FDE91BC23356D819B_documentation_en-US" xlink:label="lab_bac_DebtSecurityBondRatingResidentialSubprimeMember_E28DC999FC732E6FDE91BC23356D819B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Debt Security Bond Rating, Residential Subprime [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_DebtSecurityBondRatingResidentialSubprimeMember" xlink:label="loc_bac_DebtSecurityBondRatingResidentialSubprimeMember_E28DC999FC732E6FDE91BC23356D819B" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DebtSecurityAxis_1EA79659104CD76EB44FBBDD5EB4CDA2_terseLabel_en-US" xlink:label="lab_us-gaap_DebtSecurityAxis_1EA79659104CD76EB44FBBDD5EB4CDA2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Debt Security [Axis] </link:label>
<link:label id="lab_us-gaap_DebtSecurityAxis_1EA79659104CD76EB44FBBDD5EB4CDA2_label_en-US" xlink:label="lab_us-gaap_DebtSecurityAxis_1EA79659104CD76EB44FBBDD5EB4CDA2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Debt Security [Axis] </link:label>
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<link:label id="lab_us-gaap_MajorTypesOfDebtSecuritiesDomain_95CF052CB81EB8610014BBDD5EB488D5_terseLabel_en-US" xlink:label="lab_us-gaap_MajorTypesOfDebtSecuritiesDomain_95CF052CB81EB8610014BBDD5EB488D5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Major Types of Debt Securities [Domain] </link:label>
<link:label id="lab_us-gaap_MajorTypesOfDebtSecuritiesDomain_95CF052CB81EB8610014BBDD5EB488D5_label_en-US" xlink:label="lab_us-gaap_MajorTypesOfDebtSecuritiesDomain_95CF052CB81EB8610014BBDD5EB488D5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Major Types of Debt Securities [Domain] </link:label>
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<link:label id="lab_bac_DebtSecuritiesRangeOfInputsAndAssumptionsAxis_7067B311A30DDB6F502FBC0D4EF4C5EC_label_en-US" xlink:label="lab_bac_DebtSecuritiesRangeOfInputsAndAssumptionsAxis_7067B311A30DDB6F502FBC0D4EF4C5EC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Debt Securities Range Of Inputs And Assumptions [Axis] </link:label>
<link:label id="lab_bac_DebtSecuritiesRangeOfInputsAndAssumptionsAxis_7067B311A30DDB6F502FBC0D4EF4C5EC_documentation_en-US" xlink:label="lab_bac_DebtSecuritiesRangeOfInputsAndAssumptionsAxis_7067B311A30DDB6F502FBC0D4EF4C5EC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Debt Securities Range Of Inputs And Assumptions [Axis] </link:label>
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<link:loc xlink:href="bac-20111231.xsd#bac_DebtSecuritiesRangeOfInputsAndAssumptionsDomain" xlink:label="loc_bac_DebtSecuritiesRangeOfInputsAndAssumptionsDomain_B2AC1B95C3979E9BF136BC0E3772BB29" xlink:type="locator"/>
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<link:label id="lab_bac_WeightedAverageMember_A53C51172714B22799B1BC0EE9E6E2F8_label_en-US" xlink:label="lab_bac_WeightedAverageMember_A53C51172714B22799B1BC0EE9E6E2F8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Weighted average [Member] </link:label>
<link:label id="lab_bac_WeightedAverageMember_A53C51172714B22799B1BC0EE9E6E2F8_documentation_en-US" xlink:label="lab_bac_WeightedAverageMember_A53C51172714B22799B1BC0EE9E6E2F8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Weighted average Member. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_WeightedAverageMember" xlink:label="loc_bac_WeightedAverageMember_A53C51172714B22799B1BC0EE9E6E2F8" xlink:type="locator"/>
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<link:label id="lab_bac_TenthPercentileMember_4ED140309AA3D8009DABBC0F7A1B7435_label_en-US" xlink:label="lab_bac_TenthPercentileMember_4ED140309AA3D8009DABBC0F7A1B7435" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Tenth Percentile [Member] </link:label>
<link:label id="lab_bac_TenthPercentileMember_4ED140309AA3D8009DABBC0F7A1B7435_documentation_en-US" xlink:label="lab_bac_TenthPercentileMember_4ED140309AA3D8009DABBC0F7A1B7435" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Tenth Percentile Member. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_TenthPercentileMember" xlink:label="loc_bac_TenthPercentileMember_4ED140309AA3D8009DABBC0F7A1B7435" xlink:type="locator"/>
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<link:label id="lab_bac_NinetiethPercentileMember_56DF695DC41BEDDC109FBC0F40EAD303_label_en-US" xlink:label="lab_bac_NinetiethPercentileMember_56DF695DC41BEDDC109FBC0F40EAD303" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Ninetieth Percentile [Member] </link:label>
<link:label id="lab_bac_NinetiethPercentileMember_56DF695DC41BEDDC109FBC0F40EAD303_documentation_en-US" xlink:label="lab_bac_NinetiethPercentileMember_56DF695DC41BEDDC109FBC0F40EAD303" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Ninetieth Percentile Member. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_NinetiethPercentileMember" xlink:label="loc_bac_NinetiethPercentileMember_56DF695DC41BEDDC109FBC0F40EAD303" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ScheduleOfHeldToMaturitySecuritiesLineItems_948666FD5F865917252CBBDD5EB68B69_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfHeldToMaturitySecuritiesLineItems_948666FD5F865917252CBBDD5EB68B69" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Held-to-maturity Securities [Line Items] </link:label>
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<link:label id="lab_bac_AssumptionForFairValueOfAssetsThatRelateToDebtSecuritiesPrepaymentSpeed_7B673B8CA03955593A6CBC0843613DAF_label_en-US" xlink:label="lab_bac_AssumptionForFairValueOfAssetsThatRelateToDebtSecuritiesPrepaymentSpeed_7B673B8CA03955593A6CBC0843613DAF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Assumption For Fair Value Of Assets That Relate To Debt Securities Prepayment Speed </link:label>
<link:label id="lab_bac_AssumptionForFairValueOfAssetsThatRelateToDebtSecuritiesPrepaymentSpeed_7B673B8CA03955593A6CBC0843613DAF_documentation_en-US" xlink:label="lab_bac_AssumptionForFairValueOfAssetsThatRelateToDebtSecuritiesPrepaymentSpeed_7B673B8CA03955593A6CBC0843613DAF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents the annual constant prepayment speed. This is a significant assumption used in the valuation of mortgage backed securities. </link:label>
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<link:label id="lab_bac_AssumptionForFairValueOfAssetsThatRelateToDebtSecuritiesLossSeverity_BDD03B4BB9453D6A191BBC089622A1AF_label_en-US" xlink:label="lab_bac_AssumptionForFairValueOfAssetsThatRelateToDebtSecuritiesLossSeverity_BDD03B4BB9453D6A191BBC089622A1AF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Assumption For Fair Value Of Assets That Relate To Debt Securities Loss Severity </link:label>
<link:label id="lab_bac_AssumptionForFairValueOfAssetsThatRelateToDebtSecuritiesLossSeverity_BDD03B4BB9453D6A191BBC089622A1AF_documentation_en-US" xlink:label="lab_bac_AssumptionForFairValueOfAssetsThatRelateToDebtSecuritiesLossSeverity_BDD03B4BB9453D6A191BBC089622A1AF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents the assumption related to severity of impairment used in the valuation of mortgage backed securities. </link:label>
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<link:label id="lab_bac_AssumptionForFairValueOfAssetsThatRelateToDebtSecuritiesLifeDefaultRate_6EE63C2775433DBBEB8DBC08C67B338F_terseLabel_en-US" xlink:label="lab_bac_AssumptionForFairValueOfAssetsThatRelateToDebtSecuritiesLifeDefaultRate_6EE63C2775433DBBEB8DBC08C67B338F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Life Default Rate </link:label>
<link:label id="lab_bac_AssumptionForFairValueOfAssetsThatRelateToDebtSecuritiesLifeDefaultRate_6EE63C2775433DBBEB8DBC08C67B338F_label_en-US" xlink:label="lab_bac_AssumptionForFairValueOfAssetsThatRelateToDebtSecuritiesLifeDefaultRate_6EE63C2775433DBBEB8DBC08C67B338F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Assumption For Fair Value Of Assets That Relate To Debt Securities Life Default Rate </link:label>
<link:label id="lab_bac_AssumptionForFairValueOfAssetsThatRelateToDebtSecuritiesLifeDefaultRate_6EE63C2775433DBBEB8DBC08C67B338F_documentation_en-US" xlink:label="lab_bac_AssumptionForFairValueOfAssetsThatRelateToDebtSecuritiesLifeDefaultRate_6EE63C2775433DBBEB8DBC08C67B338F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents the life default rate on mortgage backed securities. This is a significant assumption used in the valuation of mortgage backed securities. </link:label>
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<link:label id="lab_us-gaap_ComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsLineItems_1336AA9577E5A83C09E19701A3467B4D_terseLabel_en-US" xlink:label="lab_us-gaap_ComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsLineItems_1336AA9577E5A83C09E19701A3467B4D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsLineItems" xlink:label="loc_us-gaap_ComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsLineItems_1336AA9577E5A83C09E19701A3467B4D" xlink:type="locator"/>
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<link:label id="lab_bac_TierOneCoreCapitalElementsLimitForInternationallyActiveBankHoldingCompaniesInPercentage_2CFCDFA15B9536E1FF87A49F66D0988F_terseLabel_en-US" xlink:label="lab_bac_TierOneCoreCapitalElementsLimitForInternationallyActiveBankHoldingCompaniesInPercentage_2CFCDFA15B9536E1FF87A49F66D0988F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Tier One Core Capital Elements Limit For Internationally Active Bank Holding Companies In Percentage </link:label>
<link:label id="lab_bac_TierOneCoreCapitalElementsLimitForInternationallyActiveBankHoldingCompaniesInPercentage_2CFCDFA15B9536E1FF87A49F66D0988F_label_en-US" xlink:label="lab_bac_TierOneCoreCapitalElementsLimitForInternationallyActiveBankHoldingCompaniesInPercentage_2CFCDFA15B9536E1FF87A49F66D0988F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Tier One Core Capital Elements Limit For Internationally Active Bank Holding Companies In Percentage </link:label>
<link:label id="lab_bac_TierOneCoreCapitalElementsLimitForInternationallyActiveBankHoldingCompaniesInPercentage_2CFCDFA15B9536E1FF87A49F66D0988F_documentation_en-US" xlink:label="lab_bac_TierOneCoreCapitalElementsLimitForInternationallyActiveBankHoldingCompaniesInPercentage_2CFCDFA15B9536E1FF87A49F66D0988F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents the Tier 1 core capital elements limit for internationally active bank holding companies as a percentage. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_TierOneCoreCapitalElementsLimitForInternationallyActiveBankHoldingCompaniesInPercentage" xlink:label="loc_bac_TierOneCoreCapitalElementsLimitForInternationallyActiveBankHoldingCompaniesInPercentage_2CFCDFA15B9536E1FF87A49F66D0988F" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CapitalToRiskWeightedAssets_95438B255EFBE99A53499701A3932C96_verboseLabel_en-US" xlink:label="lab_us-gaap_CapitalToRiskWeightedAssets_95438B255EFBE99A53499701A3932C96" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Tier 1 Common, Ratio </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CapitalToRiskWeightedAssets" xlink:label="loc_us-gaap_CapitalToRiskWeightedAssets_95438B255EFBE99A53499701A3932C96" xlink:type="locator"/>
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<link:label id="lab_us-gaap_Capital_2E9E0AA9967B6351EADC9701A3B28EC9_verboseLabel_en-US" xlink:label="lab_us-gaap_Capital_2E9E0AA9967B6351EADC9701A3B28EC9" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Tier 1 Common, Amount </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_Capital" xlink:label="loc_us-gaap_Capital_2E9E0AA9967B6351EADC9701A3B28EC9" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Capital_2E9E0AA9967B6351EADC9701A3B28EC9" xlink:to="lab_us-gaap_Capital_2E9E0AA9967B6351EADC9701A3B28EC9" xlink:type="arc"/>
<link:label id="lab_us-gaap_TierOneRiskBasedCapital_B577DFC73DA91C20FB039701A3F96253_terseLabel_en-US" xlink:label="lab_us-gaap_TierOneRiskBasedCapital_B577DFC73DA91C20FB039701A3F96253" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Tier One, Actual Amount </link:label>
<link:label id="lab_us-gaap_TierOneRiskBasedCapital_B577DFC73DA91C20FB039701A3F96253_label_en-US" xlink:label="lab_us-gaap_TierOneRiskBasedCapital_B577DFC73DA91C20FB039701A3F96253" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Tier One Risk Based Capital </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_TierOneRiskBasedCapital" xlink:label="loc_us-gaap_TierOneRiskBasedCapital_B577DFC73DA91C20FB039701A3F96253" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TierOneRiskBasedCapital_B577DFC73DA91C20FB039701A3F96253" xlink:to="lab_us-gaap_TierOneRiskBasedCapital_B577DFC73DA91C20FB039701A3F96253" xlink:type="arc"/>
<link:label id="lab_us-gaap_TierOneRiskBasedCapitalRequiredForCapitalAdequacy_70157084D17EA97531DF9701A418321D_terseLabel_en-US" xlink:label="lab_us-gaap_TierOneRiskBasedCapitalRequiredForCapitalAdequacy_70157084D17EA97531DF9701A418321D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Tier One, Minimum Required </link:label>
<link:label id="lab_us-gaap_TierOneRiskBasedCapitalRequiredForCapitalAdequacy_70157084D17EA97531DF9701A418321D_label_en-US" xlink:label="lab_us-gaap_TierOneRiskBasedCapitalRequiredForCapitalAdequacy_70157084D17EA97531DF9701A418321D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Tier One Risk Based Capital Required for Capital Adequacy </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_TierOneRiskBasedCapitalRequiredForCapitalAdequacy" xlink:label="loc_us-gaap_TierOneRiskBasedCapitalRequiredForCapitalAdequacy_70157084D17EA97531DF9701A418321D" xlink:type="locator"/>
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<link:label id="lab_bac_TotalCapitalAndTierOneRiskBasedCapitalRequiredForCapital_F91F460BADFA2BADBEAD9701A44AF0B4_verboseLabel_en-US" xlink:label="lab_bac_TotalCapitalAndTierOneRiskBasedCapitalRequiredForCapital_F91F460BADFA2BADBEAD9701A44AF0B4" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Total, Ratio </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_TotalCapitalAndTierOneRiskBasedCapitalRequiredForCapital" xlink:label="loc_bac_TotalCapitalAndTierOneRiskBasedCapitalRequiredForCapital_F91F460BADFA2BADBEAD9701A44AF0B4" xlink:type="locator"/>
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<link:label id="lab_bac_TotalCapitalAndTierOneRiskBasedCapital_1EFEBA75833E46C3A6F99701A46FC0CB_terseLabel_en-US" xlink:label="lab_bac_TotalCapitalAndTierOneRiskBasedCapital_1EFEBA75833E46C3A6F99701A46FC0CB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total, Actual Amount </link:label>
<link:label id="lab_bac_TotalCapitalAndTierOneRiskBasedCapital_1EFEBA75833E46C3A6F99701A46FC0CB_label_en-US" xlink:label="lab_bac_TotalCapitalAndTierOneRiskBasedCapital_1EFEBA75833E46C3A6F99701A46FC0CB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Total Capital And Tier One Risk Based Capital </link:label>
<link:label id="lab_bac_TotalCapitalAndTierOneRiskBasedCapital_1EFEBA75833E46C3A6F99701A46FC0CB_documentation_en-US" xlink:label="lab_bac_TotalCapitalAndTierOneRiskBasedCapital_1EFEBA75833E46C3A6F99701A46FC0CB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Total Risk Based Capital as defined in the regulations. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_TotalCapitalAndTierOneRiskBasedCapital" xlink:label="loc_bac_TotalCapitalAndTierOneRiskBasedCapital_1EFEBA75833E46C3A6F99701A46FC0CB" xlink:type="locator"/>
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<link:label id="lab_bac_TotalAmountOfCapitalAndTierOneRiskBasedCapitalRequiredForCapital_6F3E85814B5FF00E4A019701A49578CB_terseLabel_en-US" xlink:label="lab_bac_TotalAmountOfCapitalAndTierOneRiskBasedCapitalRequiredForCapital_6F3E85814B5FF00E4A019701A49578CB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total, Minimum Required </link:label>
<link:label id="lab_bac_TotalAmountOfCapitalAndTierOneRiskBasedCapitalRequiredForCapital_6F3E85814B5FF00E4A019701A49578CB_label_en-US" xlink:label="lab_bac_TotalAmountOfCapitalAndTierOneRiskBasedCapitalRequiredForCapital_6F3E85814B5FF00E4A019701A49578CB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Total Amount of Capital And Tier One Risk Based Capital Required For Capital </link:label>
<link:label id="lab_bac_TotalAmountOfCapitalAndTierOneRiskBasedCapitalRequiredForCapital_6F3E85814B5FF00E4A019701A49578CB_documentation_en-US" xlink:label="lab_bac_TotalAmountOfCapitalAndTierOneRiskBasedCapitalRequiredForCapital_6F3E85814B5FF00E4A019701A49578CB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> The minimum amount of Total Risk Based Capital required for capital adequacy purposes under the regulatory framework for prompt corrective action. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_TotalAmountOfCapitalAndTierOneRiskBasedCapitalRequiredForCapital" xlink:label="loc_bac_TotalAmountOfCapitalAndTierOneRiskBasedCapitalRequiredForCapital_6F3E85814B5FF00E4A019701A49578CB" xlink:type="locator"/>
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<link:label id="lab_us-gaap_TierOneLeverageCapital_326FCD29AC318025CFAA9701A4F484A4_terseLabel_en-US" xlink:label="lab_us-gaap_TierOneLeverageCapital_326FCD29AC318025CFAA9701A4F484A4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Tier One Leverage, Actual Amount </link:label>
<link:label id="lab_us-gaap_TierOneLeverageCapital_326FCD29AC318025CFAA9701A4F484A4_label_en-US" xlink:label="lab_us-gaap_TierOneLeverageCapital_326FCD29AC318025CFAA9701A4F484A4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Tier One Leverage Capital </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_TierOneLeverageCapital" xlink:label="loc_us-gaap_TierOneLeverageCapital_326FCD29AC318025CFAA9701A4F484A4" xlink:type="locator"/>
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<link:label id="lab_us-gaap_TierOneLeverageCapitalRequiredForCapitalAdequacy_5B2285AF4D4C73A82AC09701A51FA4B5_terseLabel_en-US" xlink:label="lab_us-gaap_TierOneLeverageCapitalRequiredForCapitalAdequacy_5B2285AF4D4C73A82AC09701A51FA4B5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Tier One Leverage, Minimum Required </link:label>
<link:label id="lab_us-gaap_TierOneLeverageCapitalRequiredForCapitalAdequacy_5B2285AF4D4C73A82AC09701A51FA4B5_label_en-US" xlink:label="lab_us-gaap_TierOneLeverageCapitalRequiredForCapitalAdequacy_5B2285AF4D4C73A82AC09701A51FA4B5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Tier One Leverage Capital Required for Capital Adequacy </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_TierOneLeverageCapitalRequiredForCapitalAdequacy" xlink:label="loc_us-gaap_TierOneLeverageCapitalRequiredForCapitalAdequacy_5B2285AF4D4C73A82AC09701A51FA4B5" xlink:type="locator"/>
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<link:label id="lab_bac_IncrementalRateForPhaseInPeriodForCapitalDeductions_687FE8C5EEEE2B3954FE972A6E712960_terseLabel_en-US" xlink:label="lab_bac_IncrementalRateForPhaseInPeriodForCapitalDeductions_687FE8C5EEEE2B3954FE972A6E712960" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Incremental Rate for Phase-in Period For Capital Deductions </link:label>
<link:label id="lab_bac_IncrementalRateForPhaseInPeriodForCapitalDeductions_687FE8C5EEEE2B3954FE972A6E712960_label_en-US" xlink:label="lab_bac_IncrementalRateForPhaseInPeriodForCapitalDeductions_687FE8C5EEEE2B3954FE972A6E712960" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Incremental Rate for Phase-in Period For Capital Deductions </link:label>
<link:label id="lab_bac_IncrementalRateForPhaseInPeriodForCapitalDeductions_687FE8C5EEEE2B3954FE972A6E712960_documentation_en-US" xlink:label="lab_bac_IncrementalRateForPhaseInPeriodForCapitalDeductions_687FE8C5EEEE2B3954FE972A6E712960" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Incremental Rate for Phase-in Period For Capital Deductions </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_IncrementalRateForPhaseInPeriodForCapitalDeductions" xlink:label="loc_bac_IncrementalRateForPhaseInPeriodForCapitalDeductions_687FE8C5EEEE2B3954FE972A6E712960" xlink:type="locator"/>
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<link:label id="lab_bac_SystematicallyImportantFinancialInstitutionAdditionalTier1CommonEquityPercent_E582C22108980C3925FF972D9074B2EA_terseLabel_en-US" xlink:label="lab_bac_SystematicallyImportantFinancialInstitutionAdditionalTier1CommonEquityPercent_E582C22108980C3925FF972D9074B2EA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Systematically Important Financial Institution Additional Tier 1 Common Equity Percent </link:label>
<link:label id="lab_bac_SystematicallyImportantFinancialInstitutionAdditionalTier1CommonEquityPercent_E582C22108980C3925FF972D9074B2EA_label_en-US" xlink:label="lab_bac_SystematicallyImportantFinancialInstitutionAdditionalTier1CommonEquityPercent_E582C22108980C3925FF972D9074B2EA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Systematically Important Financial Institution Additional Tier 1 Common Equity Percent </link:label>
<link:label id="lab_bac_SystematicallyImportantFinancialInstitutionAdditionalTier1CommonEquityPercent_E582C22108980C3925FF972D9074B2EA_documentation_en-US" xlink:label="lab_bac_SystematicallyImportantFinancialInstitutionAdditionalTier1CommonEquityPercent_E582C22108980C3925FF972D9074B2EA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Systematically Important Financial Institution Additional Tier 1 Common Equity Percent </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_SystematicallyImportantFinancialInstitutionAdditionalTier1CommonEquityPercent" xlink:label="loc_bac_SystematicallyImportantFinancialInstitutionAdditionalTier1CommonEquityPercent_E582C22108980C3925FF972D9074B2EA" xlink:type="locator"/>
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<link:label id="lab_bac_SystematicallyImportantFinancialInstitutionAdditionalTier1CommonEquityPercentCertainCircumstance_14143145642DEE2BA1BC97307898BA5A_terseLabel_en-US" xlink:label="lab_bac_SystematicallyImportantFinancialInstitutionAdditionalTier1CommonEquityPercentCertainCircumstance_14143145642DEE2BA1BC97307898BA5A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Systematically Important Financial Institution Additional Tier 1 Common Equity Percent, Certain Circumstance </link:label>
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<link:loc xlink:href="bac-20111231.xsd#bac_SystematicallyImportantFinancialInstitutionAdditionalTier1CommonEquityPercentCertainCircumstance" xlink:label="loc_bac_SystematicallyImportantFinancialInstitutionAdditionalTier1CommonEquityPercentCertainCircumstance_14143145642DEE2BA1BC97307898BA5A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_SystematicallyImportantFinancialInstitutionAdditionalTier1CommonEquityPercentCertainCircumstance_14143145642DEE2BA1BC97307898BA5A" xlink:to="lab_bac_SystematicallyImportantFinancialInstitutionAdditionalTier1CommonEquityPercentCertainCircumstance_14143145642DEE2BA1BC97307898BA5A" xlink:type="arc"/>
<link:label id="lab_bac_LoanProductTypesAxis_9B5CBB6123EAB55651CF968DD0E55F1A_terseLabel_en-US" xlink:label="lab_bac_LoanProductTypesAxis_9B5CBB6123EAB55651CF968DD0E55F1A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loan Product Types [Axis] </link:label>
<link:label id="lab_bac_LoanProductTypesAxis_9B5CBB6123EAB55651CF968DD0E55F1A_label_en-US" xlink:label="lab_bac_LoanProductTypesAxis_9B5CBB6123EAB55651CF968DD0E55F1A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loan Product Types [Axis] </link:label>
<link:label id="lab_bac_LoanProductTypesAxis_9B5CBB6123EAB55651CF968DD0E55F1A_documentation_en-US" xlink:label="lab_bac_LoanProductTypesAxis_9B5CBB6123EAB55651CF968DD0E55F1A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Loan Product Types Axis. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_LoanProductTypesAxis" xlink:label="loc_bac_LoanProductTypesAxis_9B5CBB6123EAB55651CF968DD0E55F1A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_LoanProductTypesAxis_9B5CBB6123EAB55651CF968DD0E55F1A" xlink:to="lab_bac_LoanProductTypesAxis_9B5CBB6123EAB55651CF968DD0E55F1A" xlink:type="arc"/>
<link:label id="lab_bac_LoanProductTypesDomain_0A586B9B7F069236E6AC968DD0E54978_terseLabel_en-US" xlink:label="lab_bac_LoanProductTypesDomain_0A586B9B7F069236E6AC968DD0E54978" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loan Product Types [Domain] </link:label>
<link:label id="lab_bac_LoanProductTypesDomain_0A586B9B7F069236E6AC968DD0E54978_label_en-US" xlink:label="lab_bac_LoanProductTypesDomain_0A586B9B7F069236E6AC968DD0E54978" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loan Product Types [Domain] </link:label>
<link:label id="lab_bac_LoanProductTypesDomain_0A586B9B7F069236E6AC968DD0E54978_documentation_en-US" xlink:label="lab_bac_LoanProductTypesDomain_0A586B9B7F069236E6AC968DD0E54978" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Loan Product Types Domain. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_LoanProductTypesDomain" xlink:label="loc_bac_LoanProductTypesDomain_0A586B9B7F069236E6AC968DD0E54978" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_LoanProductTypesDomain_0A586B9B7F069236E6AC968DD0E54978" xlink:to="lab_bac_LoanProductTypesDomain_0A586B9B7F069236E6AC968DD0E54978" xlink:type="arc"/>
<link:label id="lab_bac_PrimeLoansMember_C2253C0FA0669D257A5C968DD203E46F_terseLabel_en-US" xlink:label="lab_bac_PrimeLoansMember_C2253C0FA0669D257A5C968DD203E46F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Prime loans [Member] </link:label>
<link:label id="lab_bac_PrimeLoansMember_C2253C0FA0669D257A5C968DD203E46F_label_en-US" xlink:label="lab_bac_PrimeLoansMember_C2253C0FA0669D257A5C968DD203E46F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Prime loans [Member] </link:label>
<link:label id="lab_bac_PrimeLoansMember_C2253C0FA0669D257A5C968DD203E46F_documentation_en-US" xlink:label="lab_bac_PrimeLoansMember_C2253C0FA0669D257A5C968DD203E46F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Prime Loans. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PrimeLoansMember" xlink:label="loc_bac_PrimeLoansMember_C2253C0FA0669D257A5C968DD203E46F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_PrimeLoansMember_C2253C0FA0669D257A5C968DD203E46F" xlink:to="lab_bac_PrimeLoansMember_C2253C0FA0669D257A5C968DD203E46F" xlink:type="arc"/>
<link:label id="lab_bac_AltMember_29DA9A93556E11D58159968DD241D739_terseLabel_en-US" xlink:label="lab_bac_AltMember_29DA9A93556E11D58159968DD241D739" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Alt [Member] </link:label>
<link:label id="lab_bac_AltMember_29DA9A93556E11D58159968DD241D739_label_en-US" xlink:label="lab_bac_AltMember_29DA9A93556E11D58159968DD241D739" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Alt [Member] </link:label>
<link:label id="lab_bac_AltMember_29DA9A93556E11D58159968DD241D739_documentation_en-US" xlink:label="lab_bac_AltMember_29DA9A93556E11D58159968DD241D739" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Alt-A. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_AltMember" xlink:label="loc_bac_AltMember_29DA9A93556E11D58159968DD241D739" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_AltMember_29DA9A93556E11D58159968DD241D739" xlink:to="lab_bac_AltMember_29DA9A93556E11D58159968DD241D739" xlink:type="arc"/>
<link:label id="lab_bac_PayOptionMember_8381772E4F2EEE66DCCB968DD2BB1A1F_terseLabel_en-US" xlink:label="lab_bac_PayOptionMember_8381772E4F2EEE66DCCB968DD2BB1A1F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Pay option [Member] </link:label>
<link:label id="lab_bac_PayOptionMember_8381772E4F2EEE66DCCB968DD2BB1A1F_label_en-US" xlink:label="lab_bac_PayOptionMember_8381772E4F2EEE66DCCB968DD2BB1A1F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Pay option [Member] </link:label>
<link:label id="lab_bac_PayOptionMember_8381772E4F2EEE66DCCB968DD2BB1A1F_documentation_en-US" xlink:label="lab_bac_PayOptionMember_8381772E4F2EEE66DCCB968DD2BB1A1F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Pay Option. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PayOptionMember" xlink:label="loc_bac_PayOptionMember_8381772E4F2EEE66DCCB968DD2BB1A1F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_PayOptionMember_8381772E4F2EEE66DCCB968DD2BB1A1F" xlink:to="lab_bac_PayOptionMember_8381772E4F2EEE66DCCB968DD2BB1A1F" xlink:type="arc"/>
<link:label id="lab_bac_SubprimeMember_6230C87BCE5DEA151C29968DD2FAB18C_terseLabel_en-US" xlink:label="lab_bac_SubprimeMember_6230C87BCE5DEA151C29968DD2FAB18C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Subprime [Member] </link:label>
<link:label id="lab_bac_SubprimeMember_6230C87BCE5DEA151C29968DD2FAB18C_label_en-US" xlink:label="lab_bac_SubprimeMember_6230C87BCE5DEA151C29968DD2FAB18C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Subprime [Member] </link:label>
<link:label id="lab_bac_SubprimeMember_6230C87BCE5DEA151C29968DD2FAB18C_documentation_en-US" xlink:label="lab_bac_SubprimeMember_6230C87BCE5DEA151C29968DD2FAB18C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Subprime. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_SubprimeMember" xlink:label="loc_bac_SubprimeMember_6230C87BCE5DEA151C29968DD2FAB18C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_SubprimeMember_6230C87BCE5DEA151C29968DD2FAB18C" xlink:to="lab_bac_SubprimeMember_6230C87BCE5DEA151C29968DD2FAB18C" xlink:type="arc"/>
<link:label id="lab_bac_OtherProductTypeMember_848B24ED911BB31EDF4E968DD33B4137_terseLabel_en-US" xlink:label="lab_bac_OtherProductTypeMember_848B24ED911BB31EDF4E968DD33B4137" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other Product Type [Member] </link:label>
<link:label id="lab_bac_OtherProductTypeMember_848B24ED911BB31EDF4E968DD33B4137_label_en-US" xlink:label="lab_bac_OtherProductTypeMember_848B24ED911BB31EDF4E968DD33B4137" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Product Type [Member] </link:label>
<link:label id="lab_bac_OtherProductTypeMember_848B24ED911BB31EDF4E968DD33B4137_documentation_en-US" xlink:label="lab_bac_OtherProductTypeMember_848B24ED911BB31EDF4E968DD33B4137" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Other. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_OtherProductTypeMember" xlink:label="loc_bac_OtherProductTypeMember_848B24ED911BB31EDF4E968DD33B4137" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_OtherProductTypeMember_848B24ED911BB31EDF4E968DD33B4137" xlink:to="lab_bac_OtherProductTypeMember_848B24ED911BB31EDF4E968DD33B4137" xlink:type="arc"/>
<link:label id="lab_bac_CounterpartyAndContingencyInformationAxis_ACDC70DF8ACED35022C7968DD07FAACA_terseLabel_en-US" xlink:label="lab_bac_CounterpartyAndContingencyInformationAxis_ACDC70DF8ACED35022C7968DD07FAACA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Counterparty [Axis] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CounterpartyAndContingencyInformationAxis" xlink:label="loc_bac_CounterpartyAndContingencyInformationAxis_ACDC70DF8ACED35022C7968DD07FAACA" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CounterpartyAndContingencyInformationAxis_ACDC70DF8ACED35022C7968DD07FAACA" xlink:to="lab_bac_CounterpartyAndContingencyInformationAxis_ACDC70DF8ACED35022C7968DD07FAACA" xlink:type="arc"/>
<link:label id="lab_bac_CounterpartyAndContingencyInformationDomain_B84743B7D4E3D6AD611F968DD085541E_terseLabel_en-US" xlink:label="lab_bac_CounterpartyAndContingencyInformationDomain_B84743B7D4E3D6AD611F968DD085541E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Counterparty [Domain] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CounterpartyAndContingencyInformationDomain" xlink:label="loc_bac_CounterpartyAndContingencyInformationDomain_B84743B7D4E3D6AD611F968DD085541E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CounterpartyAndContingencyInformationDomain_B84743B7D4E3D6AD611F968DD085541E" xlink:to="lab_bac_CounterpartyAndContingencyInformationDomain_B84743B7D4E3D6AD611F968DD085541E" xlink:type="arc"/>
<link:label id="lab_bac_UnitedStatesGovernmentAgenciesAndSponsoredEnterprisesDebtSecuritiesMember_029EE814D9B8089ED0F6968DD1518B83_terseLabel_en-US" xlink:label="lab_bac_UnitedStatesGovernmentAgenciesAndSponsoredEnterprisesDebtSecuritiesMember_029EE814D9B8089ED0F6968DD1518B83" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> GSEs [Member] </link:label>
<link:label id="lab_bac_UnitedStatesGovernmentAgenciesAndSponsoredEnterprisesDebtSecuritiesMember_029EE814D9B8089ED0F6968DD1518B83_label_en-US" xlink:label="lab_bac_UnitedStatesGovernmentAgenciesAndSponsoredEnterprisesDebtSecuritiesMember_029EE814D9B8089ED0F6968DD1518B83" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> United States Government Agencies And Sponsored Enterprises Debt Securities [Member] </link:label>
<link:label id="lab_bac_UnitedStatesGovernmentAgenciesAndSponsoredEnterprisesDebtSecuritiesMember_029EE814D9B8089ED0F6968DD1518B83_documentation_en-US" xlink:label="lab_bac_UnitedStatesGovernmentAgenciesAndSponsoredEnterprisesDebtSecuritiesMember_029EE814D9B8089ED0F6968DD1518B83" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents investments in debt securities issued by GSEs, such as the Federal Home Loan Mortgage Corporation (FHLMC or Freddie Mac), Federal National Mortgage Association (FNMA or Fannie Mae), Federal Home Loan Bank (FHLB), and Government National Mortgage Association (GNMA or Ginnie Mae). </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_UnitedStatesGovernmentAgenciesAndSponsoredEnterprisesDebtSecuritiesMember" xlink:label="loc_bac_UnitedStatesGovernmentAgenciesAndSponsoredEnterprisesDebtSecuritiesMember_029EE814D9B8089ED0F6968DD1518B83" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_UnitedStatesGovernmentAgenciesAndSponsoredEnterprisesDebtSecuritiesMember_029EE814D9B8089ED0F6968DD1518B83" xlink:to="lab_bac_UnitedStatesGovernmentAgenciesAndSponsoredEnterprisesDebtSecuritiesMember_029EE814D9B8089ED0F6968DD1518B83" xlink:type="arc"/>
<link:label id="lab_bac_MonolineMember_2D727F65DB594A64D9BB968DD18D453D_terseLabel_en-US" xlink:label="lab_bac_MonolineMember_2D727F65DB594A64D9BB968DD18D453D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Monoline [Member] </link:label>
<link:label id="lab_bac_MonolineMember_2D727F65DB594A64D9BB968DD18D453D_label_en-US" xlink:label="lab_bac_MonolineMember_2D727F65DB594A64D9BB968DD18D453D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Monoline [Member] </link:label>
<link:label id="lab_bac_MonolineMember_2D727F65DB594A64D9BB968DD18D453D_documentation_en-US" xlink:label="lab_bac_MonolineMember_2D727F65DB594A64D9BB968DD18D453D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Monoline. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_MonolineMember" xlink:label="loc_bac_MonolineMember_2D727F65DB594A64D9BB968DD18D453D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_MonolineMember_2D727F65DB594A64D9BB968DD18D453D" xlink:to="lab_bac_MonolineMember_2D727F65DB594A64D9BB968DD18D453D" xlink:type="arc"/>
<link:label id="lab_bac_WholeLoanSalePrivateLabelSecuritizationsAndOtherMember_F820126093C882650D53968DD1C955E3_terseLabel_en-US" xlink:label="lab_bac_WholeLoanSalePrivateLabelSecuritizationsAndOtherMember_F820126093C882650D53968DD1C955E3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Whole loan sale, private-label securitizations and other [Member] </link:label>
<link:label id="lab_bac_WholeLoanSalePrivateLabelSecuritizationsAndOtherMember_F820126093C882650D53968DD1C955E3_label_en-US" xlink:label="lab_bac_WholeLoanSalePrivateLabelSecuritizationsAndOtherMember_F820126093C882650D53968DD1C955E3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Whole loan sale, private-label securitizations and other [Member] </link:label>
<link:label id="lab_bac_WholeLoanSalePrivateLabelSecuritizationsAndOtherMember_F820126093C882650D53968DD1C955E3_documentation_en-US" xlink:label="lab_bac_WholeLoanSalePrivateLabelSecuritizationsAndOtherMember_F820126093C882650D53968DD1C955E3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Debt securities collateralized by real estate mortgage loans (mortgages), issued through whole loan sales, private label securitizations, and other. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_WholeLoanSalePrivateLabelSecuritizationsAndOtherMember" xlink:label="loc_bac_WholeLoanSalePrivateLabelSecuritizationsAndOtherMember_F820126093C882650D53968DD1C955E3" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_WholeLoanSalePrivateLabelSecuritizationsAndOtherMember_F820126093C882650D53968DD1C955E3" xlink:to="lab_bac_WholeLoanSalePrivateLabelSecuritizationsAndOtherMember_F820126093C882650D53968DD1C955E3" xlink:type="arc"/>
<link:label id="lab_bac_OutstandingClaimsByCounterparty_4BDB27898404F1555D81968DD01B56BD_terseLabel_en-US" xlink:label="lab_bac_OutstandingClaimsByCounterparty_4BDB27898404F1555D81968DD01B56BD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Outstanding Claims By Counterparty </link:label>
<link:label id="lab_bac_OutstandingClaimsByCounterparty_4BDB27898404F1555D81968DD01B56BD_label_en-US" xlink:label="lab_bac_OutstandingClaimsByCounterparty_4BDB27898404F1555D81968DD01B56BD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Outstanding Claims By Counterparty </link:label>
<link:label id="lab_bac_OutstandingClaimsByCounterparty_4BDB27898404F1555D81968DD01B56BD_documentation_en-US" xlink:label="lab_bac_OutstandingClaimsByCounterparty_4BDB27898404F1555D81968DD01B56BD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> The total unpaid principal balance of loan repurchase requests from investors and insurers previously received and unresolved by counterparty. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_OutstandingClaimsByCounterparty" xlink:label="loc_bac_OutstandingClaimsByCounterparty_4BDB27898404F1555D81968DD01B56BD" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_OutstandingClaimsByCounterparty_4BDB27898404F1555D81968DD01B56BD" xlink:to="lab_bac_OutstandingClaimsByCounterparty_4BDB27898404F1555D81968DD01B56BD" xlink:type="arc"/>
<link:label id="lab_bac_OutstandingClaimsByProductType_F4D41FCB45130D768598968DD04DEBE4_terseLabel_en-US" xlink:label="lab_bac_OutstandingClaimsByProductType_F4D41FCB45130D768598968DD04DEBE4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Outstanding Claims By Product Type </link:label>
<link:label id="lab_bac_OutstandingClaimsByProductType_F4D41FCB45130D768598968DD04DEBE4_label_en-US" xlink:label="lab_bac_OutstandingClaimsByProductType_F4D41FCB45130D768598968DD04DEBE4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Outstanding Claims By Product Type </link:label>
<link:label id="lab_bac_OutstandingClaimsByProductType_F4D41FCB45130D768598968DD04DEBE4_documentation_en-US" xlink:label="lab_bac_OutstandingClaimsByProductType_F4D41FCB45130D768598968DD04DEBE4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> The total unpaid principal balance of loan repurchase requests from investors and insurers previously received and unresolved by product type. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_OutstandingClaimsByProductType" xlink:label="loc_bac_OutstandingClaimsByProductType_F4D41FCB45130D768598968DD04DEBE4" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_OutstandingClaimsByProductType_F4D41FCB45130D768598968DD04DEBE4" xlink:to="lab_bac_OutstandingClaimsByProductType_F4D41FCB45130D768598968DD04DEBE4" xlink:type="arc"/>
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<link:label id="lab_bac_LossOnRepurchaseOrReimbursementOfRepurchaseClaimsForFirstLienMortgagesAndHomeEquityLoansFromInvestorOrSecuritizationTrust_1ED005FA1632C7120559969198AE0508_label_en-US" xlink:label="lab_bac_LossOnRepurchaseOrReimbursementOfRepurchaseClaimsForFirstLienMortgagesAndHomeEquityLoansFromInvestorOrSecuritizationTrust_1ED005FA1632C7120559969198AE0508" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loss On Repurchase Or Reimbursement Of Repurchase Claims For First Lien Mortgages And Home Equity Loans From The Investor Or Securitization Trust </link:label>
<link:label id="lab_bac_LossOnRepurchaseOrReimbursementOfRepurchaseClaimsForFirstLienMortgagesAndHomeEquityLoansFromInvestorOrSecuritizationTrust_1ED005FA1632C7120559969198AE0508_documentation_en-US" xlink:label="lab_bac_LossOnRepurchaseOrReimbursementOfRepurchaseClaimsForFirstLienMortgagesAndHomeEquityLoansFromInvestorOrSecuritizationTrust_1ED005FA1632C7120559969198AE0508" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the total loss on loan repurchases and indemnification payments to resolve repurchase claims for first-lien mortgages which primarily related with GSEs and home equity loans related with the monolines. </link:label>
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<link:label id="lab_bac_EntityWideInformationAboutGeographicAreasTableTextBlock_FA17666D2E008381B481CB676DD1FDAE_terseLabel_en-US" xlink:label="lab_bac_EntityWideInformationAboutGeographicAreasTableTextBlock_FA17666D2E008381B481CB676DD1FDAE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Entity Wide Information About Geographic Areas [Table Text Block] </link:label>
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<link:label id="lab_bac_EntityWideInformationAboutGeographicAreasTableTextBlock_FA17666D2E008381B481CB676DD1FDAE_documentation_en-US" xlink:label="lab_bac_EntityWideInformationAboutGeographicAreasTableTextBlock_FA17666D2E008381B481CB676DD1FDAE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Entity Wide Information About Geographic Areas [Table Text Block] </link:label>
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<link:label id="lab_us-gaap_StatementBusinessSegmentsAxis_AEF74CDBDE67D9E22349FD3D0D4C38AD_terseLabel_en-US" xlink:label="lab_us-gaap_StatementBusinessSegmentsAxis_AEF74CDBDE67D9E22349FD3D0D4C38AD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Statement, Business Segments [Axis] </link:label>
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<link:label id="lab_us-gaap_SegmentDomain_3202CDCA118C0FF61670FD3D0D4D89DD_terseLabel_en-US" xlink:label="lab_us-gaap_SegmentDomain_3202CDCA118C0FF61670FD3D0D4D89DD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Segment [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_SegmentDomain" xlink:label="loc_us-gaap_SegmentDomain_3202CDCA118C0FF61670FD3D0D4D89DD" xlink:type="locator"/>
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<link:label id="lab_us-gaap_SegmentReportingInformationLineItems_56E8C4FB419A5EC5C42EFD3D0D4D827E_terseLabel_en-US" xlink:label="lab_us-gaap_SegmentReportingInformationLineItems_56E8C4FB419A5EC5C42EFD3D0D4D827E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Segment Reporting Information [Line Items] </link:label>
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<link:label id="lab_us-gaap_InterestRevenueExpense_E48B9ECD50E2CBCEF9BBFD3EBF334739_terseLabel_en-US" xlink:label="lab_us-gaap_InterestRevenueExpense_E48B9ECD50E2CBCEF9BBFD3EBF334739" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net interest income (FTE basis) </link:label>
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<link:label id="lab_bac_IncomeTaxExpenseBenefitFullTaxEquivalentBasis_5E4655BEA84D8C7F974DFD5CCC88BB69_terseLabel_en-US" xlink:label="lab_bac_IncomeTaxExpenseBenefitFullTaxEquivalentBasis_5E4655BEA84D8C7F974DFD5CCC88BB69" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Income Tax Expense (Benefit) (FTE Basis) </link:label>
<link:label id="lab_bac_IncomeTaxExpenseBenefitFullTaxEquivalentBasis_5E4655BEA84D8C7F974DFD5CCC88BB69_label_en-US" xlink:label="lab_bac_IncomeTaxExpenseBenefitFullTaxEquivalentBasis_5E4655BEA84D8C7F974DFD5CCC88BB69" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Income Tax Expense Benefit Full Tax Equivalent Basis </link:label>
<link:label id="lab_bac_IncomeTaxExpenseBenefitFullTaxEquivalentBasis_5E4655BEA84D8C7F974DFD5CCC88BB69_documentation_en-US" xlink:label="lab_bac_IncomeTaxExpenseBenefitFullTaxEquivalentBasis_5E4655BEA84D8C7F974DFD5CCC88BB69" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> The sum of the current income tax expense or benefit and the deferred income tax expense or benefit pertaining to continuing operations and derived on a full tax equivalent basis (an adjustment for tax exempt income). </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_IncomeTaxExpenseBenefitFullTaxEquivalentBasis" xlink:label="loc_bac_IncomeTaxExpenseBenefitFullTaxEquivalentBasis_5E4655BEA84D8C7F974DFD5CCC88BB69" xlink:type="locator"/>
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<link:label id="lab_us-gaap_NetIncomeLoss_6DD4E269A76E72DC1162FD556DE5227C_totalLabel_en-US" xlink:label="lab_us-gaap_NetIncomeLoss_6DD4E269A76E72DC1162FD556DE5227C" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Net income (loss) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="loc_us-gaap_NetIncomeLoss_6DD4E269A76E72DC1162FD556DE5227C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetIncomeLoss_6DD4E269A76E72DC1162FD556DE5227C" xlink:to="lab_us-gaap_NetIncomeLoss_6DD4E269A76E72DC1162FD556DE5227C" xlink:type="arc"/>
<link:label id="lab_us-gaap_DepositsAbstract_7168A975165A45DB7D04B5789C7ADF28_label_en-US" xlink:label="lab_us-gaap_DepositsAbstract_7168A975165A45DB7D04B5789C7ADF28" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Deposits [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DepositsAbstract" xlink:label="loc_us-gaap_DepositsAbstract_7168A975165A45DB7D04B5789C7ADF28" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DepositsAbstract_7168A975165A45DB7D04B5789C7ADF28" xlink:to="lab_us-gaap_DepositsAbstract_7168A975165A45DB7D04B5789C7ADF28" xlink:type="arc"/>
<link:label id="lab_bac_DepositsTable_CACA37817DAA2C72F3D0B58ACA92E27E_terseLabel_en-US" xlink:label="lab_bac_DepositsTable_CACA37817DAA2C72F3D0B58ACA92E27E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Deposits [Table] </link:label>
<link:label id="lab_bac_DepositsTable_CACA37817DAA2C72F3D0B58ACA92E27E_label_en-US" xlink:label="lab_bac_DepositsTable_CACA37817DAA2C72F3D0B58ACA92E27E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Deposits [Table] </link:label>
<link:label id="lab_bac_DepositsTable_CACA37817DAA2C72F3D0B58ACA92E27E_documentation_en-US" xlink:label="lab_bac_DepositsTable_CACA37817DAA2C72F3D0B58ACA92E27E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Deposits Table. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_DepositsTable" xlink:label="loc_bac_DepositsTable_CACA37817DAA2C72F3D0B58ACA92E27E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_DepositsTable_CACA37817DAA2C72F3D0B58ACA92E27E" xlink:to="lab_bac_DepositsTable_CACA37817DAA2C72F3D0B58ACA92E27E" xlink:type="arc"/>
<link:label id="lab_bac_TimeDepositsInformationAxis_C4F22088A9B4A1FB0E26B5A6BE7A278D_label_en-US" xlink:label="lab_bac_TimeDepositsInformationAxis_C4F22088A9B4A1FB0E26B5A6BE7A278D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Time Deposits Information [Axis] </link:label>
<link:label id="lab_bac_TimeDepositsInformationAxis_C4F22088A9B4A1FB0E26B5A6BE7A278D_documentation_en-US" xlink:label="lab_bac_TimeDepositsInformationAxis_C4F22088A9B4A1FB0E26B5A6BE7A278D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Time Deposits Information [Axis] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_TimeDepositsInformationAxis" xlink:label="loc_bac_TimeDepositsInformationAxis_C4F22088A9B4A1FB0E26B5A6BE7A278D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_TimeDepositsInformationAxis_C4F22088A9B4A1FB0E26B5A6BE7A278D" xlink:to="lab_bac_TimeDepositsInformationAxis_C4F22088A9B4A1FB0E26B5A6BE7A278D" xlink:type="arc"/>
<link:label id="lab_bac_TimeDepositsInformationDomain_DED9CD26DCBEC091D11CFB3CF1F4A2D2_label_en-US" xlink:label="lab_bac_TimeDepositsInformationDomain_DED9CD26DCBEC091D11CFB3CF1F4A2D2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Time Deposits Information [Domain] </link:label>
<link:label id="lab_bac_TimeDepositsInformationDomain_DED9CD26DCBEC091D11CFB3CF1F4A2D2_documentation_en-US" xlink:label="lab_bac_TimeDepositsInformationDomain_DED9CD26DCBEC091D11CFB3CF1F4A2D2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Time Deposits Information [Domain] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_TimeDepositsInformationDomain" xlink:label="loc_bac_TimeDepositsInformationDomain_DED9CD26DCBEC091D11CFB3CF1F4A2D2" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_TimeDepositsInformationDomain_DED9CD26DCBEC091D11CFB3CF1F4A2D2" xlink:to="lab_bac_TimeDepositsInformationDomain_DED9CD26DCBEC091D11CFB3CF1F4A2D2" xlink:type="arc"/>
<link:label id="lab_bac_DomesticMember_69948C3D5B21EF0ABC13B5A9133BD1C1_terseLabel_en-US" xlink:label="lab_bac_DomesticMember_69948C3D5B21EF0ABC13B5A9133BD1C1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> U.S. [Member] </link:label>
<link:label id="lab_bac_DomesticMember_69948C3D5B21EF0ABC13B5A9133BD1C1_label_en-US" xlink:label="lab_bac_DomesticMember_69948C3D5B21EF0ABC13B5A9133BD1C1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Domestic [Member] </link:label>
<link:label id="lab_bac_DomesticMember_69948C3D5B21EF0ABC13B5A9133BD1C1_documentation_en-US" xlink:label="lab_bac_DomesticMember_69948C3D5B21EF0ABC13B5A9133BD1C1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Domestic Member. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_DomesticMember" xlink:label="loc_bac_DomesticMember_69948C3D5B21EF0ABC13B5A9133BD1C1" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_DomesticMember_69948C3D5B21EF0ABC13B5A9133BD1C1" xlink:to="lab_bac_DomesticMember_69948C3D5B21EF0ABC13B5A9133BD1C1" xlink:type="arc"/>
<link:label id="lab_bac_DepositsLineItems_4E9164347B84FE75041AB5B3472CBA92_label_en-US" xlink:label="lab_bac_DepositsLineItems_4E9164347B84FE75041AB5B3472CBA92" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Deposits [Line Items] </link:label>
<link:label id="lab_bac_DepositsLineItems_4E9164347B84FE75041AB5B3472CBA92_documentation_en-US" xlink:label="lab_bac_DepositsLineItems_4E9164347B84FE75041AB5B3472CBA92" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Deposits [Line Items] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_DepositsLineItems" xlink:label="loc_bac_DepositsLineItems_4E9164347B84FE75041AB5B3472CBA92" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_DepositsLineItems_4E9164347B84FE75041AB5B3472CBA92" xlink:to="lab_bac_DepositsLineItems_4E9164347B84FE75041AB5B3472CBA92" xlink:type="arc"/>
<link:label id="lab_us-gaap_TimeDepositsByMaturityAbstract_1CF95D0D56387400AA23B5ADC8E6E094_label_en-US" xlink:label="lab_us-gaap_TimeDepositsByMaturityAbstract_1CF95D0D56387400AA23B5ADC8E6E094" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Time Deposits, by Maturity [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_TimeDepositsByMaturityAbstract" xlink:label="loc_us-gaap_TimeDepositsByMaturityAbstract_1CF95D0D56387400AA23B5ADC8E6E094" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TimeDepositsByMaturityAbstract_1CF95D0D56387400AA23B5ADC8E6E094" xlink:to="lab_us-gaap_TimeDepositsByMaturityAbstract_1CF95D0D56387400AA23B5ADC8E6E094" xlink:type="arc"/>
<link:label id="lab_us-gaap_TimeDepositMaturitiesYearOne_8D9798E5A05B728B2222B5A17F2575EF_terseLabel_en-US" xlink:label="lab_us-gaap_TimeDepositMaturitiesYearOne_8D9798E5A05B728B2222B5A17F2575EF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Due in 2012 </link:label>
<link:label id="lab_us-gaap_TimeDepositMaturitiesYearOne_8D9798E5A05B728B2222B5A17F2575EF_label_en-US" xlink:label="lab_us-gaap_TimeDepositMaturitiesYearOne_8D9798E5A05B728B2222B5A17F2575EF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Time Deposit Maturities, Year One </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_TimeDepositMaturitiesYearOne" xlink:label="loc_us-gaap_TimeDepositMaturitiesYearOne_8D9798E5A05B728B2222B5A17F2575EF" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TimeDepositMaturitiesYearOne_8D9798E5A05B728B2222B5A17F2575EF" xlink:to="lab_us-gaap_TimeDepositMaturitiesYearOne_8D9798E5A05B728B2222B5A17F2575EF" xlink:type="arc"/>
<link:label id="lab_us-gaap_TimeDepositMaturitiesYearTwo_04C573F39835E183FFC3B5A208A4A2E9_terseLabel_en-US" xlink:label="lab_us-gaap_TimeDepositMaturitiesYearTwo_04C573F39835E183FFC3B5A208A4A2E9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Due in 2013 </link:label>
<link:label id="lab_us-gaap_TimeDepositMaturitiesYearTwo_04C573F39835E183FFC3B5A208A4A2E9_label_en-US" xlink:label="lab_us-gaap_TimeDepositMaturitiesYearTwo_04C573F39835E183FFC3B5A208A4A2E9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Time Deposit Maturities, Year Two </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_TimeDepositMaturitiesYearTwo" xlink:label="loc_us-gaap_TimeDepositMaturitiesYearTwo_04C573F39835E183FFC3B5A208A4A2E9" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TimeDepositMaturitiesYearTwo_04C573F39835E183FFC3B5A208A4A2E9" xlink:to="lab_us-gaap_TimeDepositMaturitiesYearTwo_04C573F39835E183FFC3B5A208A4A2E9" xlink:type="arc"/>
<link:label id="lab_us-gaap_TimeDepositMaturitiesYearThree_C4A66CFA64A31D4CDE75B5A2784D50AA_terseLabel_en-US" xlink:label="lab_us-gaap_TimeDepositMaturitiesYearThree_C4A66CFA64A31D4CDE75B5A2784D50AA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Due in 2014 </link:label>
<link:label id="lab_us-gaap_TimeDepositMaturitiesYearThree_C4A66CFA64A31D4CDE75B5A2784D50AA_label_en-US" xlink:label="lab_us-gaap_TimeDepositMaturitiesYearThree_C4A66CFA64A31D4CDE75B5A2784D50AA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Time Deposit Maturities, Year Three </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_TimeDepositMaturitiesYearThree" xlink:label="loc_us-gaap_TimeDepositMaturitiesYearThree_C4A66CFA64A31D4CDE75B5A2784D50AA" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TimeDepositMaturitiesYearThree_C4A66CFA64A31D4CDE75B5A2784D50AA" xlink:to="lab_us-gaap_TimeDepositMaturitiesYearThree_C4A66CFA64A31D4CDE75B5A2784D50AA" xlink:type="arc"/>
<link:label id="lab_us-gaap_TimeDepositMaturitiesYearFour_BF03E268345D7A529DDBB5A2ED6C6490_terseLabel_en-US" xlink:label="lab_us-gaap_TimeDepositMaturitiesYearFour_BF03E268345D7A529DDBB5A2ED6C6490" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Due in 2015 </link:label>
<link:label id="lab_us-gaap_TimeDepositMaturitiesYearFour_BF03E268345D7A529DDBB5A2ED6C6490_label_en-US" xlink:label="lab_us-gaap_TimeDepositMaturitiesYearFour_BF03E268345D7A529DDBB5A2ED6C6490" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Time Deposit Maturities, Year Four </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_TimeDepositMaturitiesYearFour" xlink:label="loc_us-gaap_TimeDepositMaturitiesYearFour_BF03E268345D7A529DDBB5A2ED6C6490" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TimeDepositMaturitiesYearFour_BF03E268345D7A529DDBB5A2ED6C6490" xlink:to="lab_us-gaap_TimeDepositMaturitiesYearFour_BF03E268345D7A529DDBB5A2ED6C6490" xlink:type="arc"/>
<link:label id="lab_us-gaap_TimeDepositMaturitiesYearFive_1A505050F1A89C42D2CCB5A39A8AF832_terseLabel_en-US" xlink:label="lab_us-gaap_TimeDepositMaturitiesYearFive_1A505050F1A89C42D2CCB5A39A8AF832" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Due in 2016 </link:label>
<link:label id="lab_us-gaap_TimeDepositMaturitiesYearFive_1A505050F1A89C42D2CCB5A39A8AF832_label_en-US" xlink:label="lab_us-gaap_TimeDepositMaturitiesYearFive_1A505050F1A89C42D2CCB5A39A8AF832" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Time Deposit Maturities, Year Five </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_TimeDepositMaturitiesYearFive" xlink:label="loc_us-gaap_TimeDepositMaturitiesYearFive_1A505050F1A89C42D2CCB5A39A8AF832" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TimeDepositMaturitiesYearFive_1A505050F1A89C42D2CCB5A39A8AF832" xlink:to="lab_us-gaap_TimeDepositMaturitiesYearFive_1A505050F1A89C42D2CCB5A39A8AF832" xlink:type="arc"/>
<link:label id="lab_us-gaap_TimeDepositMaturitiesAfterYearFive_4F1117A3080E4C2F4516B5A3FD5DED40_terseLabel_en-US" xlink:label="lab_us-gaap_TimeDepositMaturitiesAfterYearFive_4F1117A3080E4C2F4516B5A3FD5DED40" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Thereafter </link:label>
<link:label id="lab_us-gaap_TimeDepositMaturitiesAfterYearFive_4F1117A3080E4C2F4516B5A3FD5DED40_label_en-US" xlink:label="lab_us-gaap_TimeDepositMaturitiesAfterYearFive_4F1117A3080E4C2F4516B5A3FD5DED40" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Time Deposit Maturities, after Year Five </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_TimeDepositMaturitiesAfterYearFive" xlink:label="loc_us-gaap_TimeDepositMaturitiesAfterYearFive_4F1117A3080E4C2F4516B5A3FD5DED40" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TimeDepositMaturitiesAfterYearFive_4F1117A3080E4C2F4516B5A3FD5DED40" xlink:to="lab_us-gaap_TimeDepositMaturitiesAfterYearFive_4F1117A3080E4C2F4516B5A3FD5DED40" xlink:type="arc"/>
<link:label id="lab_us-gaap_TimeDeposits_8EFFCF376E6A2C5B9A94B5A473245979_totalLabel_en-US" xlink:label="lab_us-gaap_TimeDeposits_8EFFCF376E6A2C5B9A94B5A473245979" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total Time Deposits </link:label>
<link:label id="lab_us-gaap_TimeDeposits_8EFFCF376E6A2C5B9A94B5A473245979_label_en-US" xlink:label="lab_us-gaap_TimeDeposits_8EFFCF376E6A2C5B9A94B5A473245979" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Time Deposits </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_TimeDeposits" xlink:label="loc_us-gaap_TimeDeposits_8EFFCF376E6A2C5B9A94B5A473245979" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TimeDeposits_8EFFCF376E6A2C5B9A94B5A473245979" xlink:to="lab_us-gaap_TimeDeposits_8EFFCF376E6A2C5B9A94B5A473245979" xlink:type="arc"/>
<link:label id="lab_us-gaap_ContractualMaturitiesOfTimeDeposits100000OrMoreDisclosuresAbstract_149951819BFD0B70E2A9B58E3018CB46_terseLabel_en-US" xlink:label="lab_us-gaap_ContractualMaturitiesOfTimeDeposits100000OrMoreDisclosuresAbstract_149951819BFD0B70E2A9B58E3018CB46" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Time deposits of $100 thousand or more </link:label>
<link:label id="lab_us-gaap_ContractualMaturitiesOfTimeDeposits100000OrMoreDisclosuresAbstract_149951819BFD0B70E2A9B58E3018CB46_label_en-US" xlink:label="lab_us-gaap_ContractualMaturitiesOfTimeDeposits100000OrMoreDisclosuresAbstract_149951819BFD0B70E2A9B58E3018CB46" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Contractual Maturities of Time Deposits, $100,000 or More, Disclosures [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ContractualMaturitiesOfTimeDeposits100000OrMoreDisclosuresAbstract" xlink:label="loc_us-gaap_ContractualMaturitiesOfTimeDeposits100000OrMoreDisclosuresAbstract_149951819BFD0B70E2A9B58E3018CB46" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ContractualMaturitiesOfTimeDeposits100000OrMoreDisclosuresAbstract_149951819BFD0B70E2A9B58E3018CB46" xlink:to="lab_us-gaap_ContractualMaturitiesOfTimeDeposits100000OrMoreDisclosuresAbstract_149951819BFD0B70E2A9B58E3018CB46" xlink:type="arc"/>
<link:label id="lab_us-gaap_TimeDeposits100000OrMoreDomestic_E7C0754A9FC374703C2FB58B2C7430D2_terseLabel_en-US" xlink:label="lab_us-gaap_TimeDeposits100000OrMoreDomestic_E7C0754A9FC374703C2FB58B2C7430D2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> U.S. certificates of deposit and other time deposits </link:label>
<link:label id="lab_us-gaap_TimeDeposits100000OrMoreDomestic_E7C0754A9FC374703C2FB58B2C7430D2_label_en-US" xlink:label="lab_us-gaap_TimeDeposits100000OrMoreDomestic_E7C0754A9FC374703C2FB58B2C7430D2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Time Deposits, $100,000 or More, Domestic </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_TimeDeposits100000OrMoreDomestic" xlink:label="loc_us-gaap_TimeDeposits100000OrMoreDomestic_E7C0754A9FC374703C2FB58B2C7430D2" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TimeDeposits100000OrMoreDomestic_E7C0754A9FC374703C2FB58B2C7430D2" xlink:to="lab_us-gaap_TimeDeposits100000OrMoreDomestic_E7C0754A9FC374703C2FB58B2C7430D2" xlink:type="arc"/>
<link:label id="lab_us-gaap_TimeDeposits100000OrMoreForeign_ADC918177D5BDF6A4136B590FB55B41E_terseLabel_en-US" xlink:label="lab_us-gaap_TimeDeposits100000OrMoreForeign_ADC918177D5BDF6A4136B590FB55B41E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Non-U.S. certificates of deposit and other time deposits </link:label>
<link:label id="lab_us-gaap_TimeDeposits100000OrMoreForeign_ADC918177D5BDF6A4136B590FB55B41E_label_en-US" xlink:label="lab_us-gaap_TimeDeposits100000OrMoreForeign_ADC918177D5BDF6A4136B590FB55B41E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Time Deposits, $100,000 or More, Foreign </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_TimeDeposits100000OrMoreForeign" xlink:label="loc_us-gaap_TimeDeposits100000OrMoreForeign_ADC918177D5BDF6A4136B590FB55B41E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TimeDeposits100000OrMoreForeign_ADC918177D5BDF6A4136B590FB55B41E" xlink:to="lab_us-gaap_TimeDeposits100000OrMoreForeign_ADC918177D5BDF6A4136B590FB55B41E" xlink:type="arc"/>
<link:label id="lab_us-gaap_ContractualMaturitiesTimeDeposits100000OrMoreThreeMonthsOrLess_A60D79409E18C2229621FB42CD0A3D15_terseLabel_en-US" xlink:label="lab_us-gaap_ContractualMaturitiesTimeDeposits100000OrMoreThreeMonthsOrLess_A60D79409E18C2229621FB42CD0A3D15" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Three Months or Less </link:label>
<link:label id="lab_us-gaap_ContractualMaturitiesTimeDeposits100000OrMoreThreeMonthsOrLess_A60D79409E18C2229621FB42CD0A3D15_label_en-US" xlink:label="lab_us-gaap_ContractualMaturitiesTimeDeposits100000OrMoreThreeMonthsOrLess_A60D79409E18C2229621FB42CD0A3D15" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Contractual Maturities, Time Deposits, $100,000 or More, Three Months or Less </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ContractualMaturitiesTimeDeposits100000OrMoreThreeMonthsOrLess" xlink:label="loc_us-gaap_ContractualMaturitiesTimeDeposits100000OrMoreThreeMonthsOrLess_A60D79409E18C2229621FB42CD0A3D15" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ContractualMaturitiesTimeDeposits100000OrMoreThreeMonthsOrLess_A60D79409E18C2229621FB42CD0A3D15" xlink:to="lab_us-gaap_ContractualMaturitiesTimeDeposits100000OrMoreThreeMonthsOrLess_A60D79409E18C2229621FB42CD0A3D15" xlink:type="arc"/>
<link:label id="lab_bac_ContractualMaturitiesTimeDeposits100000OrMoreOverThreeMonthsThroughTwelveMonths_0AD68779960038EC6CB1FB45CE3C0122_terseLabel_en-US" xlink:label="lab_bac_ContractualMaturitiesTimeDeposits100000OrMoreOverThreeMonthsThroughTwelveMonths_0AD68779960038EC6CB1FB45CE3C0122" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Over Three Months to Twelve Months </link:label>
<link:label id="lab_bac_ContractualMaturitiesTimeDeposits100000OrMoreOverThreeMonthsThroughTwelveMonths_0AD68779960038EC6CB1FB45CE3C0122_label_en-US" xlink:label="lab_bac_ContractualMaturitiesTimeDeposits100000OrMoreOverThreeMonthsThroughTwelveMonths_0AD68779960038EC6CB1FB45CE3C0122" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Contractual Maturities, Time Deposits, $100,000 or More, Over Three Months Through Twelve Months </link:label>
<link:label id="lab_bac_ContractualMaturitiesTimeDeposits100000OrMoreOverThreeMonthsThroughTwelveMonths_0AD68779960038EC6CB1FB45CE3C0122_documentation_en-US" xlink:label="lab_bac_ContractualMaturitiesTimeDeposits100000OrMoreOverThreeMonthsThroughTwelveMonths_0AD68779960038EC6CB1FB45CE3C0122" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> The amount of contractual maturities of domestic and foreign time deposits (including certificates of deposits, individual retirement accounts and open accounts) in denominations of $100,000 or more, for the period over three months through twelve months after the balance sheet date. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ContractualMaturitiesTimeDeposits100000OrMoreOverThreeMonthsThroughTwelveMonths" xlink:label="loc_bac_ContractualMaturitiesTimeDeposits100000OrMoreOverThreeMonthsThroughTwelveMonths_0AD68779960038EC6CB1FB45CE3C0122" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ContractualMaturitiesTimeDeposits100000OrMoreOverThreeMonthsThroughTwelveMonths_0AD68779960038EC6CB1FB45CE3C0122" xlink:to="lab_bac_ContractualMaturitiesTimeDeposits100000OrMoreOverThreeMonthsThroughTwelveMonths_0AD68779960038EC6CB1FB45CE3C0122" xlink:type="arc"/>
<link:label id="lab_us-gaap_ContractualMaturitiesTimeDeposits100000OrMoreAfter12Months_DD9494972FC089E4CC6AFB462A904A09_terseLabel_en-US" xlink:label="lab_us-gaap_ContractualMaturitiesTimeDeposits100000OrMoreAfter12Months_DD9494972FC089E4CC6AFB462A904A09" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Thereafter </link:label>
<link:label id="lab_us-gaap_ContractualMaturitiesTimeDeposits100000OrMoreAfter12Months_DD9494972FC089E4CC6AFB462A904A09_label_en-US" xlink:label="lab_us-gaap_ContractualMaturitiesTimeDeposits100000OrMoreAfter12Months_DD9494972FC089E4CC6AFB462A904A09" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Contractual Maturities, Time Deposits, $100,000 or More, after 12 Months </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ContractualMaturitiesTimeDeposits100000OrMoreAfter12Months" xlink:label="loc_us-gaap_ContractualMaturitiesTimeDeposits100000OrMoreAfter12Months_DD9494972FC089E4CC6AFB462A904A09" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ContractualMaturitiesTimeDeposits100000OrMoreAfter12Months_DD9494972FC089E4CC6AFB462A904A09" xlink:to="lab_us-gaap_ContractualMaturitiesTimeDeposits100000OrMoreAfter12Months_DD9494972FC089E4CC6AFB462A904A09" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanFairValueOfPlanAssets_A41D62273067718F60F1F807C1DF2B0E_periodStartLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanFairValueOfPlanAssets_A41D62273067718F60F1F807C1DF2B0E" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, January 1 </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DefinedBenefitPlanFairValueOfPlanAssets" xlink:label="loc_us-gaap_DefinedBenefitPlanFairValueOfPlanAssets_A41D62273067718F60F1F807C1DF2B0E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanFairValueOfPlanAssets_A41D62273067718F60F1F807C1DF2B0E" xlink:to="lab_us-gaap_DefinedBenefitPlanFairValueOfPlanAssets_A41D62273067718F60F1F807C1DF2B0E" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanActualReturnOnPlanAssets_2C1FD94B281F0A0DB9A9F80BB120C33C_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanActualReturnOnPlanAssets_2C1FD94B281F0A0DB9A9F80BB120C33C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Actual Return on Plan Assets </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanActualReturnOnPlanAssets_2C1FD94B281F0A0DB9A9F80BB120C33C_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanActualReturnOnPlanAssets_2C1FD94B281F0A0DB9A9F80BB120C33C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Actual Return on Plan Assets </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DefinedBenefitPlanActualReturnOnPlanAssets" xlink:label="loc_us-gaap_DefinedBenefitPlanActualReturnOnPlanAssets_2C1FD94B281F0A0DB9A9F80BB120C33C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanActualReturnOnPlanAssets_2C1FD94B281F0A0DB9A9F80BB120C33C" xlink:to="lab_us-gaap_DefinedBenefitPlanActualReturnOnPlanAssets_2C1FD94B281F0A0DB9A9F80BB120C33C" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanContributionsByEmployer_B5E45BFEB0104509CE83F80EB2EA3338_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanContributionsByEmployer_B5E45BFEB0104509CE83F80EB2EA3338" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Company Contributions </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanContributionsByEmployer_B5E45BFEB0104509CE83F80EB2EA3338_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanContributionsByEmployer_B5E45BFEB0104509CE83F80EB2EA3338" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Contributions by Employer </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DefinedBenefitPlanContributionsByEmployer" xlink:label="loc_us-gaap_DefinedBenefitPlanContributionsByEmployer_B5E45BFEB0104509CE83F80EB2EA3338" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanContributionsByEmployer_B5E45BFEB0104509CE83F80EB2EA3338" xlink:to="lab_us-gaap_DefinedBenefitPlanContributionsByEmployer_B5E45BFEB0104509CE83F80EB2EA3338" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanContributionsByPlanParticipants_D7E5111DE4EA58371495F80F176FD6B3_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanContributionsByPlanParticipants_D7E5111DE4EA58371495F80F176FD6B3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Plan Participant Contributions </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanContributionsByPlanParticipants_D7E5111DE4EA58371495F80F176FD6B3_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanContributionsByPlanParticipants_D7E5111DE4EA58371495F80F176FD6B3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Contributions by Plan Participants </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DefinedBenefitPlanContributionsByPlanParticipants" xlink:label="loc_us-gaap_DefinedBenefitPlanContributionsByPlanParticipants_D7E5111DE4EA58371495F80F176FD6B3" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanContributionsByPlanParticipants_D7E5111DE4EA58371495F80F176FD6B3" xlink:to="lab_us-gaap_DefinedBenefitPlanContributionsByPlanParticipants_D7E5111DE4EA58371495F80F176FD6B3" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanBenefitsPaid_5270475E8F33B8AF3977F80CEA152279_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanBenefitsPaid_5270475E8F33B8AF3977F80CEA152279" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Benefits Paid </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanBenefitsPaid_5270475E8F33B8AF3977F80CEA152279_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanBenefitsPaid_5270475E8F33B8AF3977F80CEA152279" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Benefits Paid </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DefinedBenefitPlanBenefitsPaid" xlink:label="loc_us-gaap_DefinedBenefitPlanBenefitsPaid_5270475E8F33B8AF3977F80CEA152279" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanBenefitsPaid_5270475E8F33B8AF3977F80CEA152279" xlink:to="lab_us-gaap_DefinedBenefitPlanBenefitsPaid_5270475E8F33B8AF3977F80CEA152279" xlink:type="arc"/>
<link:label id="lab_bac_PlanTransferNet_330CE46C43A2FE82D50597FE90BC9E57_terseLabel_en-US" xlink:label="lab_bac_PlanTransferNet_330CE46C43A2FE82D50597FE90BC9E57" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Plan Transfer </link:label>
<link:label id="lab_bac_PlanTransferNet_330CE46C43A2FE82D50597FE90BC9E57_label_en-US" xlink:label="lab_bac_PlanTransferNet_330CE46C43A2FE82D50597FE90BC9E57" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Plan Transfer, net </link:label>
<link:label id="lab_bac_PlanTransferNet_330CE46C43A2FE82D50597FE90BC9E57_documentation_en-US" xlink:label="lab_bac_PlanTransferNet_330CE46C43A2FE82D50597FE90BC9E57" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents the amount transferred between employee benefit plans, net. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PlanTransferNet" xlink:label="loc_bac_PlanTransferNet_330CE46C43A2FE82D50597FE90BC9E57" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_PlanTransferNet_330CE46C43A2FE82D50597FE90BC9E57" xlink:to="lab_bac_PlanTransferNet_330CE46C43A2FE82D50597FE90BC9E57" xlink:type="arc"/>
<link:label id="lab_bac_FederalSubsidyOnBenefitsPaid_9DDB80C7B455954635DAF81DB07B55DF_terseLabel_en-US" xlink:label="lab_bac_FederalSubsidyOnBenefitsPaid_9DDB80C7B455954635DAF81DB07B55DF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Federal Subsidy On Benefits Paid </link:label>
<link:label id="lab_bac_FederalSubsidyOnBenefitsPaid_9DDB80C7B455954635DAF81DB07B55DF_label_en-US" xlink:label="lab_bac_FederalSubsidyOnBenefitsPaid_9DDB80C7B455954635DAF81DB07B55DF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Federal Subsidy On Benefits Paid </link:label>
<link:label id="lab_bac_FederalSubsidyOnBenefitsPaid_9DDB80C7B455954635DAF81DB07B55DF_documentation_en-US" xlink:label="lab_bac_FederalSubsidyOnBenefitsPaid_9DDB80C7B455954635DAF81DB07B55DF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the amount of federal subsidy on benefits paid. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_FederalSubsidyOnBenefitsPaid" xlink:label="loc_bac_FederalSubsidyOnBenefitsPaid_9DDB80C7B455954635DAF81DB07B55DF" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_FederalSubsidyOnBenefitsPaid_9DDB80C7B455954635DAF81DB07B55DF" xlink:to="lab_bac_FederalSubsidyOnBenefitsPaid_9DDB80C7B455954635DAF81DB07B55DF" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanForeignCurrencyExchangeRateChangesPlanAssets_529F1F35BF6A53376AFEF815125CAFC3_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanForeignCurrencyExchangeRateChangesPlanAssets_529F1F35BF6A53376AFEF815125CAFC3" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Foreign currency exchange rate changes </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanForeignCurrencyExchangeRateChangesPlanAssets_529F1F35BF6A53376AFEF815125CAFC3_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanForeignCurrencyExchangeRateChangesPlanAssets_529F1F35BF6A53376AFEF815125CAFC3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Foreign Currency Exchange Rate Changes, Plan Assets </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DefinedBenefitPlanForeignCurrencyExchangeRateChangesPlanAssets" xlink:label="loc_us-gaap_DefinedBenefitPlanForeignCurrencyExchangeRateChangesPlanAssets_529F1F35BF6A53376AFEF815125CAFC3" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanForeignCurrencyExchangeRateChangesPlanAssets_529F1F35BF6A53376AFEF815125CAFC3" xlink:to="lab_us-gaap_DefinedBenefitPlanForeignCurrencyExchangeRateChangesPlanAssets_529F1F35BF6A53376AFEF815125CAFC3" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanBenefitObligation_1B6B4D447AD2C5428CB4F83F160AA690_periodStartLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanBenefitObligation_1B6B4D447AD2C5428CB4F83F160AA690" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US"> Projected Benefit Obligation, January 1 </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanBenefitObligation_1B6B4D447AD2C5428CB4F83F160AA690_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanBenefitObligation_1B6B4D447AD2C5428CB4F83F160AA690" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Benefit Obligation </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DefinedBenefitPlanBenefitObligation" xlink:label="loc_us-gaap_DefinedBenefitPlanBenefitObligation_1B6B4D447AD2C5428CB4F83F160AA690" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanBenefitObligation_1B6B4D447AD2C5428CB4F83F160AA690" xlink:to="lab_us-gaap_DefinedBenefitPlanBenefitObligation_1B6B4D447AD2C5428CB4F83F160AA690" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanPlanAmendments_1F8BAFE785EEF73C70FDF841E53ECF05_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanPlanAmendments_1F8BAFE785EEF73C70FDF841E53ECF05" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Plan Amendments </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanPlanAmendments_1F8BAFE785EEF73C70FDF841E53ECF05_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanPlanAmendments_1F8BAFE785EEF73C70FDF841E53ECF05" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Plan Amendments </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DefinedBenefitPlanPlanAmendments" xlink:label="loc_us-gaap_DefinedBenefitPlanPlanAmendments_1F8BAFE785EEF73C70FDF841E53ECF05" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanPlanAmendments_1F8BAFE785EEF73C70FDF841E53ECF05" xlink:to="lab_us-gaap_DefinedBenefitPlanPlanAmendments_1F8BAFE785EEF73C70FDF841E53ECF05" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanActuarialNetGainsLosses_538E85F75C3721A4E2AFF84263AEC84F_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanActuarialNetGainsLosses_538E85F75C3721A4E2AFF84263AEC84F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Actuarial Loss (Gain) </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanActuarialNetGainsLosses_538E85F75C3721A4E2AFF84263AEC84F_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanActuarialNetGainsLosses_538E85F75C3721A4E2AFF84263AEC84F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Actuarial Net (Gains) Losses </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DefinedBenefitPlanActuarialNetGainsLosses" xlink:label="loc_us-gaap_DefinedBenefitPlanActuarialNetGainsLosses_538E85F75C3721A4E2AFF84263AEC84F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanActuarialNetGainsLosses_538E85F75C3721A4E2AFF84263AEC84F" xlink:to="lab_us-gaap_DefinedBenefitPlanActuarialNetGainsLosses_538E85F75C3721A4E2AFF84263AEC84F" xlink:type="arc"/>
<link:label id="lab_bac_PlanTransfer_B9DB9C8C0EB16C0DABC1F8108AFD503C_terseLabel_en-US" xlink:label="lab_bac_PlanTransfer_B9DB9C8C0EB16C0DABC1F8108AFD503C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Plan Transfer </link:label>
<link:label id="lab_bac_PlanTransfer_B9DB9C8C0EB16C0DABC1F8108AFD503C_label_en-US" xlink:label="lab_bac_PlanTransfer_B9DB9C8C0EB16C0DABC1F8108AFD503C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Plan Transfer </link:label>
<link:label id="lab_bac_PlanTransfer_B9DB9C8C0EB16C0DABC1F8108AFD503C_documentation_en-US" xlink:label="lab_bac_PlanTransfer_B9DB9C8C0EB16C0DABC1F8108AFD503C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the amount transferred between employee benefit plans. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PlanTransfer" xlink:label="loc_bac_PlanTransfer_B9DB9C8C0EB16C0DABC1F8108AFD503C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_PlanTransfer_B9DB9C8C0EB16C0DABC1F8108AFD503C" xlink:to="lab_bac_PlanTransfer_B9DB9C8C0EB16C0DABC1F8108AFD503C" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanBenefitObligation_11C4D08A9AF19134884DF883B4314661_periodEndLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanBenefitObligation_11C4D08A9AF19134884DF883B4314661" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US"> Projected Benefit Obligation, December 31 </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DefinedBenefitPlanBenefitObligation" xlink:label="loc_us-gaap_DefinedBenefitPlanBenefitObligation_11C4D08A9AF19134884DF883B4314661" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanAmountsRecognizedInBalanceSheet_271902433946FBA68846F84F353707DF_verboseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAmountsRecognizedInBalanceSheet_271902433946FBA68846F84F353707DF" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Amount Recognized, December 31 </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DefinedBenefitPlanAmountsRecognizedInBalanceSheet" xlink:label="loc_us-gaap_DefinedBenefitPlanAmountsRecognizedInBalanceSheet_271902433946FBA68846F84F353707DF" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanAccumulatedBenefitObligation_46D9DF3587131C849CCCF8553902906F_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAccumulatedBenefitObligation_46D9DF3587131C849CCCF8553902906F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Accumulated Benefit Obligation </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanAccumulatedBenefitObligation_46D9DF3587131C849CCCF8553902906F_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAccumulatedBenefitObligation_46D9DF3587131C849CCCF8553902906F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Accumulated Benefit Obligation </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DefinedBenefitPlanAccumulatedBenefitObligation" xlink:label="loc_us-gaap_DefinedBenefitPlanAccumulatedBenefitObligation_46D9DF3587131C849CCCF8553902906F" xlink:type="locator"/>
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<link:label id="lab_bac_OverfundedUnfundedStatusOfAccumulatedBenefitObligation_09889DDAE1EB191A393AF85799A00B0C_terseLabel_en-US" xlink:label="lab_bac_OverfundedUnfundedStatusOfAccumulatedBenefitObligation_09889DDAE1EB191A393AF85799A00B0C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Overfunded (Unfunded) Status Of ABO </link:label>
<link:label id="lab_bac_OverfundedUnfundedStatusOfAccumulatedBenefitObligation_09889DDAE1EB191A393AF85799A00B0C_label_en-US" xlink:label="lab_bac_OverfundedUnfundedStatusOfAccumulatedBenefitObligation_09889DDAE1EB191A393AF85799A00B0C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Overfunded Unfunded Status Of Accumulated Benefit Obligation </link:label>
<link:label id="lab_bac_OverfundedUnfundedStatusOfAccumulatedBenefitObligation_09889DDAE1EB191A393AF85799A00B0C_documentation_en-US" xlink:label="lab_bac_OverfundedUnfundedStatusOfAccumulatedBenefitObligation_09889DDAE1EB191A393AF85799A00B0C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This indicates the amount of overfunded or unfunded status of accumulated benefit obligation. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_OverfundedUnfundedStatusOfAccumulatedBenefitObligation" xlink:label="loc_bac_OverfundedUnfundedStatusOfAccumulatedBenefitObligation_09889DDAE1EB191A393AF85799A00B0C" xlink:type="locator"/>
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<link:label id="lab_bac_ProvisionForFutureSalaries_2A562C7741AAE922B732F859364106A6_terseLabel_en-US" xlink:label="lab_bac_ProvisionForFutureSalaries_2A562C7741AAE922B732F859364106A6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Provision For Future Salaries </link:label>
<link:label id="lab_bac_ProvisionForFutureSalaries_2A562C7741AAE922B732F859364106A6_label_en-US" xlink:label="lab_bac_ProvisionForFutureSalaries_2A562C7741AAE922B732F859364106A6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Provision For Future Salaries </link:label>
<link:label id="lab_bac_ProvisionForFutureSalaries_2A562C7741AAE922B732F859364106A6_documentation_en-US" xlink:label="lab_bac_ProvisionForFutureSalaries_2A562C7741AAE922B732F859364106A6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the amount of provision for future salaries. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ProvisionForFutureSalaries" xlink:label="loc_bac_ProvisionForFutureSalaries_2A562C7741AAE922B732F859364106A6" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate_DB4DE6EAA6A1659BF765F85F8C3EE83D_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate_DB4DE6EAA6A1659BF765F85F8C3EE83D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Weighted-Average Assumptions, Discount Rate </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate_DB4DE6EAA6A1659BF765F85F8C3EE83D_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate_DB4DE6EAA6A1659BF765F85F8C3EE83D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Discount Rate </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate" xlink:label="loc_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate_DB4DE6EAA6A1659BF765F85F8C3EE83D" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRateOfCompensationIncrease_F5B138CBC3D1E29F73A9F860A3C0B7D5_verboseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRateOfCompensationIncrease_F5B138CBC3D1E29F73A9F860A3C0B7D5" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Weighted-Average Assumptions, Rate of Compensation increase </link:label>
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<link:label id="lab_us-gaap_DefinedBenefitPlanForeignCurrencyExchangeRateChangesBenefitObligation_2E96F57CA60E15627636A0375EC52D29_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanForeignCurrencyExchangeRateChangesBenefitObligation_2E96F57CA60E15627636A0375EC52D29" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Foreign Currency Exchange Rate Changes, Benefit Obligation </link:label>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DefinedBenefitPlanForeignCurrencyExchangeRateChangesBenefitObligation" xlink:label="loc_us-gaap_DefinedBenefitPlanForeignCurrencyExchangeRateChangesBenefitObligation_2E96F57CA60E15627636A0375EC52D29" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AccountingPoliciesAbstract_5E6446CF6050196C0F5054FD30EA728E_label_en-US" xlink:label="lab_us-gaap_AccountingPoliciesAbstract_5E6446CF6050196C0F5054FD30EA728E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Accounting Policies [Abstract] </link:label>
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<link:label id="lab_bac_SummaryOfSignificantAccountingPrinciplesAbstract_37A5B4985EF5596DA1B854FB0FB28290_terseLabel_en-US" xlink:label="lab_bac_SummaryOfSignificantAccountingPrinciplesAbstract_37A5B4985EF5596DA1B854FB0FB28290" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Summary of Significant Accounting Principles [Abstract] </link:label>
<link:label id="lab_bac_SummaryOfSignificantAccountingPrinciplesAbstract_37A5B4985EF5596DA1B854FB0FB28290_label_en-US" xlink:label="lab_bac_SummaryOfSignificantAccountingPrinciplesAbstract_37A5B4985EF5596DA1B854FB0FB28290" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Summary of Significant Accounting Principles [Abstract] </link:label>
<link:label id="lab_bac_SummaryOfSignificantAccountingPrinciplesAbstract_37A5B4985EF5596DA1B854FB0FB28290_documentation_en-US" xlink:label="lab_bac_SummaryOfSignificantAccountingPrinciplesAbstract_37A5B4985EF5596DA1B854FB0FB28290" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Summary of Significant Accounting Principles [Abstract] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_SummaryOfSignificantAccountingPrinciplesAbstract" xlink:label="loc_bac_SummaryOfSignificantAccountingPrinciplesAbstract_37A5B4985EF5596DA1B854FB0FB28290" xlink:type="locator"/>
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<link:label id="lab_bac_MoneyMarketAndInterestBearingCashMember_8B178BD03E6F6238DAC9FBD8F51DE9D4_label_en-US" xlink:label="lab_bac_MoneyMarketAndInterestBearingCashMember_8B178BD03E6F6238DAC9FBD8F51DE9D4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Money Market And Interest Bearing Cash [Member] </link:label>
<link:label id="lab_bac_MoneyMarketAndInterestBearingCashMember_8B178BD03E6F6238DAC9FBD8F51DE9D4_documentation_en-US" xlink:label="lab_bac_MoneyMarketAndInterestBearingCashMember_8B178BD03E6F6238DAC9FBD8F51DE9D4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Money market and interest-bearing cash. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_MoneyMarketAndInterestBearingCashMember" xlink:label="loc_bac_MoneyMarketAndInterestBearingCashMember_8B178BD03E6F6238DAC9FBD8F51DE9D4" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AssetBackedSecuritiesMember_F8EAEA8104C11AB13DCFFBE1C204C395_terseLabel_en-US" xlink:label="lab_us-gaap_AssetBackedSecuritiesMember_F8EAEA8104C11AB13DCFFBE1C204C395" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Asset-backed Securities [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AssetBackedSecuritiesMember" xlink:label="loc_us-gaap_AssetBackedSecuritiesMember_F8EAEA8104C11AB13DCFFBE1C204C395" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AssetBackedSecuritiesMember_F8EAEA8104C11AB13DCFFBE1C204C395" xlink:to="lab_us-gaap_AssetBackedSecuritiesMember_F8EAEA8104C11AB13DCFFBE1C204C395" xlink:type="arc"/>
<link:label id="lab_bac_CommonAndPreferredStocksMember_A8113205FB9BFB290E8BFBE7E2677E0A_label_en-US" xlink:label="lab_bac_CommonAndPreferredStocksMember_A8113205FB9BFB290E8BFBE7E2677E0A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Common And Preferred Stocks [Member] </link:label>
<link:label id="lab_bac_CommonAndPreferredStocksMember_A8113205FB9BFB290E8BFBE7E2677E0A_documentation_en-US" xlink:label="lab_bac_CommonAndPreferredStocksMember_A8113205FB9BFB290E8BFBE7E2677E0A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Common and preferred stocks. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CommonAndPreferredStocksMember" xlink:label="loc_bac_CommonAndPreferredStocksMember_A8113205FB9BFB290E8BFBE7E2677E0A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CommonAndPreferredStocksMember_A8113205FB9BFB290E8BFBE7E2677E0A" xlink:to="lab_bac_CommonAndPreferredStocksMember_A8113205FB9BFB290E8BFBE7E2677E0A" xlink:type="arc"/>
<link:label id="lab_bac_PublicRealEstateInvestmentTrustsMember_E5ED568FCF44F34B94CDFBEBBB7B9CB9_label_en-US" xlink:label="lab_bac_PublicRealEstateInvestmentTrustsMember_E5ED568FCF44F34B94CDFBEBBB7B9CB9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Public Real Estate Investment Trusts [Member] </link:label>
<link:label id="lab_bac_PublicRealEstateInvestmentTrustsMember_E5ED568FCF44F34B94CDFBEBBB7B9CB9_documentation_en-US" xlink:label="lab_bac_PublicRealEstateInvestmentTrustsMember_E5ED568FCF44F34B94CDFBEBBB7B9CB9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Public real estate investment trusts. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PublicRealEstateInvestmentTrustsMember" xlink:label="loc_bac_PublicRealEstateInvestmentTrustsMember_E5ED568FCF44F34B94CDFBEBBB7B9CB9" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_PublicRealEstateInvestmentTrustsMember_E5ED568FCF44F34B94CDFBEBBB7B9CB9" xlink:to="lab_bac_PublicRealEstateInvestmentTrustsMember_E5ED568FCF44F34B94CDFBEBBB7B9CB9" xlink:type="arc"/>
<link:label id="lab_us-gaap_CashAndCashEquivalentsMember_525A5CD6805B9C9BDB05FBD6019F5870_label_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsMember_525A5CD6805B9C9BDB05FBD6019F5870" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Cash and Cash Equivalents [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CashAndCashEquivalentsMember" xlink:label="loc_us-gaap_CashAndCashEquivalentsMember_525A5CD6805B9C9BDB05FBD6019F5870" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashAndCashEquivalentsMember_525A5CD6805B9C9BDB05FBD6019F5870" xlink:to="lab_us-gaap_CashAndCashEquivalentsMember_525A5CD6805B9C9BDB05FBD6019F5870" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValueInputsLevel1Member_3FB215E951D39AFBDB49FBCE54936CCE_label_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel1Member_3FB215E951D39AFBDB49FBCE54936CCE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Inputs, Level 1 [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FairValueInputsLevel1Member" xlink:label="loc_us-gaap_FairValueInputsLevel1Member_3FB215E951D39AFBDB49FBCE54936CCE" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueInputsLevel1Member_3FB215E951D39AFBDB49FBCE54936CCE" xlink:to="lab_us-gaap_FairValueInputsLevel1Member_3FB215E951D39AFBDB49FBCE54936CCE" xlink:type="arc"/>
<link:label id="lab_bac_SwapsIncludedInOtherInvestments_1CB58B7A21F86179EBC7FC02EB9F6CA9_terseLabel_en-US" xlink:label="lab_bac_SwapsIncludedInOtherInvestments_1CB58B7A21F86179EBC7FC02EB9F6CA9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Swaps Included In Other Investments </link:label>
<link:label id="lab_bac_SwapsIncludedInOtherInvestments_1CB58B7A21F86179EBC7FC02EB9F6CA9_label_en-US" xlink:label="lab_bac_SwapsIncludedInOtherInvestments_1CB58B7A21F86179EBC7FC02EB9F6CA9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Swaps Included In Other Investments </link:label>
<link:label id="lab_bac_SwapsIncludedInOtherInvestments_1CB58B7A21F86179EBC7FC02EB9F6CA9_documentation_en-US" xlink:label="lab_bac_SwapsIncludedInOtherInvestments_1CB58B7A21F86179EBC7FC02EB9F6CA9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Swaps included in other investments. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_SwapsIncludedInOtherInvestments" xlink:label="loc_bac_SwapsIncludedInOtherInvestments_1CB58B7A21F86179EBC7FC02EB9F6CA9" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_SwapsIncludedInOtherInvestments_1CB58B7A21F86179EBC7FC02EB9F6CA9" xlink:to="lab_bac_SwapsIncludedInOtherInvestments_1CB58B7A21F86179EBC7FC02EB9F6CA9" xlink:type="arc"/>
<link:label id="lab_bac_ParticipantLoansIncludedInOtherInvestments_9051D2819A567955C10AFC09B7CB0C1C_terseLabel_en-US" xlink:label="lab_bac_ParticipantLoansIncludedInOtherInvestments_9051D2819A567955C10AFC09B7CB0C1C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Participant Loans Included In Other Investments </link:label>
<link:label id="lab_bac_ParticipantLoansIncludedInOtherInvestments_9051D2819A567955C10AFC09B7CB0C1C_label_en-US" xlink:label="lab_bac_ParticipantLoansIncludedInOtherInvestments_9051D2819A567955C10AFC09B7CB0C1C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Participant Loans Included In Other Investments </link:label>
<link:label id="lab_bac_ParticipantLoansIncludedInOtherInvestments_9051D2819A567955C10AFC09B7CB0C1C_documentation_en-US" xlink:label="lab_bac_ParticipantLoansIncludedInOtherInvestments_9051D2819A567955C10AFC09B7CB0C1C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Participant loans included in other investments. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ParticipantLoansIncludedInOtherInvestments" xlink:label="loc_bac_ParticipantLoansIncludedInOtherInvestments_9051D2819A567955C10AFC09B7CB0C1C" xlink:type="locator"/>
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<link:label id="lab_bac_CommodityAndBalanceFundsIncludedInOtherInvestments_E48AA41862E6A80C1B10FC0C0756ABB5_terseLabel_en-US" xlink:label="lab_bac_CommodityAndBalanceFundsIncludedInOtherInvestments_E48AA41862E6A80C1B10FC0C0756ABB5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Commodity And Balance Funds Included In Other Investments </link:label>
<link:label id="lab_bac_CommodityAndBalanceFundsIncludedInOtherInvestments_E48AA41862E6A80C1B10FC0C0756ABB5_label_en-US" xlink:label="lab_bac_CommodityAndBalanceFundsIncludedInOtherInvestments_E48AA41862E6A80C1B10FC0C0756ABB5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Commodity And Balance Funds Included In Other Investments </link:label>
<link:label id="lab_bac_CommodityAndBalanceFundsIncludedInOtherInvestments_E48AA41862E6A80C1B10FC0C0756ABB5_documentation_en-US" xlink:label="lab_bac_CommodityAndBalanceFundsIncludedInOtherInvestments_E48AA41862E6A80C1B10FC0C0756ABB5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Commodity and balance funds included in other investments. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CommodityAndBalanceFundsIncludedInOtherInvestments" xlink:label="loc_bac_CommodityAndBalanceFundsIncludedInOtherInvestments_E48AA41862E6A80C1B10FC0C0756ABB5" xlink:type="locator"/>
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<link:label id="lab_bac_OtherVariousInvestments_A9664063D1C0CACD5C85FC0DF8583EDB_terseLabel_en-US" xlink:label="lab_bac_OtherVariousInvestments_A9664063D1C0CACD5C85FC0DF8583EDB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other Various Investments </link:label>
<link:label id="lab_bac_OtherVariousInvestments_A9664063D1C0CACD5C85FC0DF8583EDB_label_en-US" xlink:label="lab_bac_OtherVariousInvestments_A9664063D1C0CACD5C85FC0DF8583EDB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Various Investments </link:label>
<link:label id="lab_bac_OtherVariousInvestments_A9664063D1C0CACD5C85FC0DF8583EDB_documentation_en-US" xlink:label="lab_bac_OtherVariousInvestments_A9664063D1C0CACD5C85FC0DF8583EDB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Other various investments. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_OtherVariousInvestments" xlink:label="loc_bac_OtherVariousInvestments_A9664063D1C0CACD5C85FC0DF8583EDB" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_OtherVariousInvestments_A9664063D1C0CACD5C85FC0DF8583EDB" xlink:to="lab_bac_OtherVariousInvestments_A9664063D1C0CACD5C85FC0DF8583EDB" xlink:type="arc"/>
<link:label id="lab_bac_DetailsOfTimeDepositsTableTextBlock_FF99BF41A8C63579E215B57D91BA19AF_terseLabel_en-US" xlink:label="lab_bac_DetailsOfTimeDepositsTableTextBlock_FF99BF41A8C63579E215B57D91BA19AF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Details Of Time Deposits [Table Text Block] </link:label>
<link:label id="lab_bac_DetailsOfTimeDepositsTableTextBlock_FF99BF41A8C63579E215B57D91BA19AF_label_en-US" xlink:label="lab_bac_DetailsOfTimeDepositsTableTextBlock_FF99BF41A8C63579E215B57D91BA19AF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Details Of Time Deposits [Table Text Block] </link:label>
<link:label id="lab_bac_DetailsOfTimeDepositsTableTextBlock_FF99BF41A8C63579E215B57D91BA19AF_documentation_en-US" xlink:label="lab_bac_DetailsOfTimeDepositsTableTextBlock_FF99BF41A8C63579E215B57D91BA19AF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Details Of Time Deposits [Table Text Block] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_DetailsOfTimeDepositsTableTextBlock" xlink:label="loc_bac_DetailsOfTimeDepositsTableTextBlock_FF99BF41A8C63579E215B57D91BA19AF" xlink:type="locator"/>
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<link:label id="lab_bac_ScheduleOfMaturitiesForTotalTimeDepositsTextBlockTableTextBlock_91B5E515C4B6EFCB8B2DB5804938D1A0_terseLabel_en-US" xlink:label="lab_bac_ScheduleOfMaturitiesForTotalTimeDepositsTextBlockTableTextBlock_91B5E515C4B6EFCB8B2DB5804938D1A0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule Of Maturities For Total Time Deposits Text Block [Table Text Block] </link:label>
<link:label id="lab_bac_ScheduleOfMaturitiesForTotalTimeDepositsTextBlockTableTextBlock_91B5E515C4B6EFCB8B2DB5804938D1A0_label_en-US" xlink:label="lab_bac_ScheduleOfMaturitiesForTotalTimeDepositsTextBlockTableTextBlock_91B5E515C4B6EFCB8B2DB5804938D1A0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule Of Maturities For Total Time Deposits Text Block [Table Text Block] </link:label>
<link:label id="lab_bac_ScheduleOfMaturitiesForTotalTimeDepositsTextBlockTableTextBlock_91B5E515C4B6EFCB8B2DB5804938D1A0_documentation_en-US" xlink:label="lab_bac_ScheduleOfMaturitiesForTotalTimeDepositsTextBlockTableTextBlock_91B5E515C4B6EFCB8B2DB5804938D1A0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> The schedule of maturities for total time deposits. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ScheduleOfMaturitiesForTotalTimeDepositsTextBlockTableTextBlock" xlink:label="loc_bac_ScheduleOfMaturitiesForTotalTimeDepositsTextBlockTableTextBlock_91B5E515C4B6EFCB8B2DB5804938D1A0" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ServicingAssetsAtFairValueTable_1349EED1FC390B69D5B9594494B6B282_terseLabel_en-US" xlink:label="lab_us-gaap_ServicingAssetsAtFairValueTable_1349EED1FC390B69D5B9594494B6B282" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Servicing Assets at Fair Value [Table] </link:label>
<link:label id="lab_us-gaap_ServicingAssetsAtFairValueTable_1349EED1FC390B69D5B9594494B6B282_label_en-US" xlink:label="lab_us-gaap_ServicingAssetsAtFairValueTable_1349EED1FC390B69D5B9594494B6B282" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Servicing Assets at Fair Value [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ServicingAssetsAtFairValueTable" xlink:label="loc_us-gaap_ServicingAssetsAtFairValueTable_1349EED1FC390B69D5B9594494B6B282" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AssumptionForFairValueAsOfBalanceSheetDateOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesLineItems_22D9027E3919D1EBF966594494B75B98_terseLabel_en-US" xlink:label="lab_us-gaap_AssumptionForFairValueAsOfBalanceSheetDateOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesLineItems_22D9027E3919D1EBF966594494B75B98" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Assumption for Fair Value of MSRs </link:label>
<link:label id="lab_us-gaap_AssumptionForFairValueAsOfBalanceSheetDateOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesLineItems_22D9027E3919D1EBF966594494B75B98_label_en-US" xlink:label="lab_us-gaap_AssumptionForFairValueAsOfBalanceSheetDateOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesLineItems_22D9027E3919D1EBF966594494B75B98" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Assumption for Fair Value as of Balance Sheet Date of Assets or Liabilities that relate to Transferor's Continuing Involvement [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AssumptionForFairValueAsOfBalanceSheetDateOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesLineItems" xlink:label="loc_us-gaap_AssumptionForFairValueAsOfBalanceSheetDateOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesLineItems_22D9027E3919D1EBF966594494B75B98" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AssumptionForFairValueAsOfBalanceSheetDateOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesLineItems_22D9027E3919D1EBF966594494B75B98" xlink:to="lab_us-gaap_AssumptionForFairValueAsOfBalanceSheetDateOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesLineItems_22D9027E3919D1EBF966594494B75B98" xlink:type="arc"/>
<link:label id="lab_bac_AssumptionForFairValueWeightedAverageOptionAdjustedSpread_00A1E22C0CE0D6925BCB5945C4C7A569_terseLabel_en-US" xlink:label="lab_bac_AssumptionForFairValueWeightedAverageOptionAdjustedSpread_00A1E22C0CE0D6925BCB5945C4C7A569" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Weighted-Average OAS </link:label>
<link:label id="lab_bac_AssumptionForFairValueWeightedAverageOptionAdjustedSpread_00A1E22C0CE0D6925BCB5945C4C7A569_label_en-US" xlink:label="lab_bac_AssumptionForFairValueWeightedAverageOptionAdjustedSpread_00A1E22C0CE0D6925BCB5945C4C7A569" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Assumption For Fair Value Weighted Average Option Adjusted Spread </link:label>
<link:label id="lab_bac_AssumptionForFairValueWeightedAverageOptionAdjustedSpread_00A1E22C0CE0D6925BCB5945C4C7A569_documentation_en-US" xlink:label="lab_bac_AssumptionForFairValueWeightedAverageOptionAdjustedSpread_00A1E22C0CE0D6925BCB5945C4C7A569" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the weighted-average option adjusted spread component of the economic assumptions used in the Option Adjusted Spread valuation approach used to determine the fair value of mortgage servicing rights which factors in prepayment risk. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_AssumptionForFairValueWeightedAverageOptionAdjustedSpread" xlink:label="loc_bac_AssumptionForFairValueWeightedAverageOptionAdjustedSpread_00A1E22C0CE0D6925BCB5945C4C7A569" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_AssumptionForFairValueWeightedAverageOptionAdjustedSpread_00A1E22C0CE0D6925BCB5945C4C7A569" xlink:to="lab_bac_AssumptionForFairValueWeightedAverageOptionAdjustedSpread_00A1E22C0CE0D6925BCB5945C4C7A569" xlink:type="arc"/>
<link:label id="lab_us-gaap_AssumptionForFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesWeightedAverageLife_3E62A6BB6CFE63FA14CE5945C788064A_terseLabel_en-US" xlink:label="lab_us-gaap_AssumptionForFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesWeightedAverageLife_3E62A6BB6CFE63FA14CE5945C788064A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Weighted-Average Life, in Years </link:label>
<link:label id="lab_us-gaap_AssumptionForFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesWeightedAverageLife_3E62A6BB6CFE63FA14CE5945C788064A_label_en-US" xlink:label="lab_us-gaap_AssumptionForFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesWeightedAverageLife_3E62A6BB6CFE63FA14CE5945C788064A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Assumption for Fair Value of Assets or Liabilities that relate to Transferor's Continuing Involvement, Weighted Average Life </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AssumptionForFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesWeightedAverageLife" xlink:label="loc_us-gaap_AssumptionForFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesWeightedAverageLife_3E62A6BB6CFE63FA14CE5945C788064A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AssumptionForFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesWeightedAverageLife_3E62A6BB6CFE63FA14CE5945C788064A" xlink:to="lab_us-gaap_AssumptionForFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesWeightedAverageLife_3E62A6BB6CFE63FA14CE5945C788064A" xlink:type="arc"/>
<link:label id="lab_bac_SecuritizationTrancheDetailAxis_227F27086068ACD9832B914FDDFF71BD_terseLabel_en-US" xlink:label="lab_bac_SecuritizationTrancheDetailAxis_227F27086068ACD9832B914FDDFF71BD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Securitization Tranche Detail [Axis] </link:label>
<link:label id="lab_bac_SecuritizationTrancheDetailAxis_227F27086068ACD9832B914FDDFF71BD_label_en-US" xlink:label="lab_bac_SecuritizationTrancheDetailAxis_227F27086068ACD9832B914FDDFF71BD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securitization Tranche Detail [Axis] </link:label>
<link:label id="lab_bac_SecuritizationTrancheDetailAxis_227F27086068ACD9832B914FDDFF71BD_documentation_en-US" xlink:label="lab_bac_SecuritizationTrancheDetailAxis_227F27086068ACD9832B914FDDFF71BD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Securitization Tranche Detail [Axis] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_SecuritizationTrancheDetailAxis" xlink:label="loc_bac_SecuritizationTrancheDetailAxis_227F27086068ACD9832B914FDDFF71BD" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_SecuritizationTrancheDetailAxis_227F27086068ACD9832B914FDDFF71BD" xlink:to="lab_bac_SecuritizationTrancheDetailAxis_227F27086068ACD9832B914FDDFF71BD" xlink:type="arc"/>
<link:label id="lab_bac_SecuritizationTrancheDetailDomain_419AC1F58ADDC75D84DB914FDFB6B7D3_terseLabel_en-US" xlink:label="lab_bac_SecuritizationTrancheDetailDomain_419AC1F58ADDC75D84DB914FDFB6B7D3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Securitization Tranche Detail [Domain] </link:label>
<link:label id="lab_bac_SecuritizationTrancheDetailDomain_419AC1F58ADDC75D84DB914FDFB6B7D3_label_en-US" xlink:label="lab_bac_SecuritizationTrancheDetailDomain_419AC1F58ADDC75D84DB914FDFB6B7D3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securitization Tranche Detail [Domain] </link:label>
<link:label id="lab_bac_SecuritizationTrancheDetailDomain_419AC1F58ADDC75D84DB914FDFB6B7D3_documentation_en-US" xlink:label="lab_bac_SecuritizationTrancheDetailDomain_419AC1F58ADDC75D84DB914FDFB6B7D3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Securitization Tranche Detail [Domain] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_SecuritizationTrancheDetailDomain" xlink:label="loc_bac_SecuritizationTrancheDetailDomain_419AC1F58ADDC75D84DB914FDFB6B7D3" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_SecuritizationTrancheDetailDomain_419AC1F58ADDC75D84DB914FDFB6B7D3" xlink:to="lab_bac_SecuritizationTrancheDetailDomain_419AC1F58ADDC75D84DB914FDFB6B7D3" xlink:type="arc"/>
<link:label id="lab_bac_SellerInterestMember_B0EBD00029F26D62BFC39150B0155665_terseLabel_en-US" xlink:label="lab_bac_SellerInterestMember_B0EBD00029F26D62BFC39150B0155665" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Seller Interest [Member] </link:label>
<link:label id="lab_bac_SellerInterestMember_B0EBD00029F26D62BFC39150B0155665_label_en-US" xlink:label="lab_bac_SellerInterestMember_B0EBD00029F26D62BFC39150B0155665" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Seller Interest [Member] </link:label>
<link:label id="lab_bac_SellerInterestMember_B0EBD00029F26D62BFC39150B0155665_documentation_en-US" xlink:label="lab_bac_SellerInterestMember_B0EBD00029F26D62BFC39150B0155665" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> For a credit card securitization, the seller's interest, also referred to as transferor's certificates or seller's certificates, represents ownership interest in the trust assets that have not been allocated to any investor certificate holders' interest and the seller's interest piece does not represent a sale or financing since no proceeds were received for the transferred assets. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_SellerInterestMember" xlink:label="loc_bac_SellerInterestMember_B0EBD00029F26D62BFC39150B0155665" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_SellerInterestMember_B0EBD00029F26D62BFC39150B0155665" xlink:to="lab_bac_SellerInterestMember_B0EBD00029F26D62BFC39150B0155665" xlink:type="arc"/>
<link:label id="lab_bac_DiscountReceivablesMember_068AE940AF5C8A82F40291521D5E9614_terseLabel_en-US" xlink:label="lab_bac_DiscountReceivablesMember_068AE940AF5C8A82F40291521D5E9614" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Discount Receivables [Member] </link:label>
<link:label id="lab_bac_DiscountReceivablesMember_068AE940AF5C8A82F40291521D5E9614_label_en-US" xlink:label="lab_bac_DiscountReceivablesMember_068AE940AF5C8A82F40291521D5E9614" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Discount Receivables [Member] </link:label>
<link:label id="lab_bac_DiscountReceivablesMember_068AE940AF5C8A82F40291521D5E9614_documentation_en-US" xlink:label="lab_bac_DiscountReceivablesMember_068AE940AF5C8A82F40291521D5E9614" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Discount Receivables [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_DiscountReceivablesMember" xlink:label="loc_bac_DiscountReceivablesMember_068AE940AF5C8A82F40291521D5E9614" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_DiscountReceivablesMember_068AE940AF5C8A82F40291521D5E9614" xlink:to="lab_bac_DiscountReceivablesMember_068AE940AF5C8A82F40291521D5E9614" xlink:type="arc"/>
<link:label id="lab_bac_SubordinatedDebtSecuritiesMember_4BB8929A66ECBB77B220915B2A2897A6_terseLabel_en-US" xlink:label="lab_bac_SubordinatedDebtSecuritiesMember_4BB8929A66ECBB77B220915B2A2897A6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Subordinated Debt Securities [Member] </link:label>
<link:label id="lab_bac_SubordinatedDebtSecuritiesMember_4BB8929A66ECBB77B220915B2A2897A6_label_en-US" xlink:label="lab_bac_SubordinatedDebtSecuritiesMember_4BB8929A66ECBB77B220915B2A2897A6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Subordinated Debt Securities [Member] </link:label>
<link:label id="lab_bac_SubordinatedDebtSecuritiesMember_4BB8929A66ECBB77B220915B2A2897A6_documentation_en-US" xlink:label="lab_bac_SubordinatedDebtSecuritiesMember_4BB8929A66ECBB77B220915B2A2897A6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Debt securities issued by the securitizations that have a subordinated claim. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_SubordinatedDebtSecuritiesMember" xlink:label="loc_bac_SubordinatedDebtSecuritiesMember_4BB8929A66ECBB77B220915B2A2897A6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_SubordinatedDebtSecuritiesMember_4BB8929A66ECBB77B220915B2A2897A6" xlink:to="lab_bac_SubordinatedDebtSecuritiesMember_4BB8929A66ECBB77B220915B2A2897A6" xlink:type="arc"/>
<link:label id="lab_us-gaap_CreditCardReceivablesMember_48E55986FA97D03A82979154CF6A2B68_terseLabel_en-US" xlink:label="lab_us-gaap_CreditCardReceivablesMember_48E55986FA97D03A82979154CF6A2B68" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Credit Card Receivable [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CreditCardReceivablesMember" xlink:label="loc_us-gaap_CreditCardReceivablesMember_48E55986FA97D03A82979154CF6A2B68" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CreditCardReceivablesMember_48E55986FA97D03A82979154CF6A2B68" xlink:to="lab_us-gaap_CreditCardReceivablesMember_48E55986FA97D03A82979154CF6A2B68" xlink:type="arc"/>
<link:label id="lab_us-gaap_LoansAndLeasesReceivableNetOfDeferredIncome_2D570AF93382C62DED94914AC9057856_terseLabel_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableNetOfDeferredIncome_2D570AF93382C62DED94914AC9057856" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loans and leases </link:label>
<link:label id="lab_us-gaap_LoansAndLeasesReceivableNetOfDeferredIncome_2D570AF93382C62DED94914AC9057856_label_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableNetOfDeferredIncome_2D570AF93382C62DED94914AC9057856" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loans and Leases Receivable, Net of Deferred Income </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LoansAndLeasesReceivableNetOfDeferredIncome" xlink:label="loc_us-gaap_LoansAndLeasesReceivableNetOfDeferredIncome_2D570AF93382C62DED94914AC9057856" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LoansAndLeasesReceivableNetOfDeferredIncome_2D570AF93382C62DED94914AC9057856" xlink:to="lab_us-gaap_LoansAndLeasesReceivableNetOfDeferredIncome_2D570AF93382C62DED94914AC9057856" xlink:type="arc"/>
<link:label id="lab_us-gaap_LoansAndLeasesReceivableAllowance_C8557B6A47502546781B914AC93289C6_negatedLabel_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableAllowance_C8557B6A47502546781B914AC93289C6" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Allowance for Loan and Lease Losses </link:label>
<link:label id="lab_us-gaap_LoansAndLeasesReceivableAllowance_C8557B6A47502546781B914AC93289C6_label_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableAllowance_C8557B6A47502546781B914AC93289C6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loans and Leases Receivable, Allowance </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LoansAndLeasesReceivableAllowance" xlink:label="loc_us-gaap_LoansAndLeasesReceivableAllowance_C8557B6A47502546781B914AC93289C6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LoansAndLeasesReceivableAllowance_C8557B6A47502546781B914AC93289C6" xlink:to="lab_us-gaap_LoansAndLeasesReceivableAllowance_C8557B6A47502546781B914AC93289C6" xlink:type="arc"/>
<link:label id="lab_us-gaap_Liabilities_E20290858A2AE0E62FFA91493DD85F4B_verboseLabel_en-US" xlink:label="lab_us-gaap_Liabilities_E20290858A2AE0E62FFA91493DD85F4B" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Total liabilities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_Liabilities" xlink:label="loc_us-gaap_Liabilities_E20290858A2AE0E62FFA91493DD85F4B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Liabilities_E20290858A2AE0E62FFA91493DD85F4B" xlink:to="lab_us-gaap_Liabilities_E20290858A2AE0E62FFA91493DD85F4B" xlink:type="arc"/>
<link:label id="lab_bac_TrustLoans_166198CCE4D50B8DDD289149C81A827D_terseLabel_en-US" xlink:label="lab_bac_TrustLoans_166198CCE4D50B8DDD289149C81A827D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Trust loans </link:label>
<link:label id="lab_bac_TrustLoans_166198CCE4D50B8DDD289149C81A827D_label_en-US" xlink:label="lab_bac_TrustLoans_166198CCE4D50B8DDD289149C81A827D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Trust loans </link:label>
<link:label id="lab_bac_TrustLoans_166198CCE4D50B8DDD289149C81A827D_documentation_en-US" xlink:label="lab_bac_TrustLoans_166198CCE4D50B8DDD289149C81A827D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Trust loans represent the principal balance of credit card receivables that have been legally isolated from the Corporation including those loans represented by the seller's interest that were held on the balance sheet. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_TrustLoans" xlink:label="loc_bac_TrustLoans_166198CCE4D50B8DDD289149C81A827D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_TrustLoans_166198CCE4D50B8DDD289149C81A827D" xlink:to="lab_bac_TrustLoans_166198CCE4D50B8DDD289149C81A827D" xlink:type="arc"/>
<link:label id="lab_us-gaap_TransfersOfFinancialAssetsAccountedForAsSaleInitialFairValueOfAssetsObtainedAsProceeds_02A78301A966BC6DDBBD9153F42847BF_terseLabel_en-US" xlink:label="lab_us-gaap_TransfersOfFinancialAssetsAccountedForAsSaleInitialFairValueOfAssetsObtainedAsProceeds_02A78301A966BC6DDBBD9153F42847BF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Transfers of Financial Assets Accounted for as Sale, Initial Fair Value of Assets Obtained as Proceeds </link:label>
<link:label id="lab_us-gaap_TransfersOfFinancialAssetsAccountedForAsSaleInitialFairValueOfAssetsObtainedAsProceeds_02A78301A966BC6DDBBD9153F42847BF_label_en-US" xlink:label="lab_us-gaap_TransfersOfFinancialAssetsAccountedForAsSaleInitialFairValueOfAssetsObtainedAsProceeds_02A78301A966BC6DDBBD9153F42847BF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Transfers of Financial Assets Accounted for as Sale, Initial Fair Value of Assets Obtained as Proceeds </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_TransfersOfFinancialAssetsAccountedForAsSaleInitialFairValueOfAssetsObtainedAsProceeds" xlink:label="loc_us-gaap_TransfersOfFinancialAssetsAccountedForAsSaleInitialFairValueOfAssetsObtainedAsProceeds_02A78301A966BC6DDBBD9153F42847BF" xlink:type="locator"/>
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<link:label id="lab_bac_NotionalPrincipalAmountOfSecuritiesIssuedBySecuritizationTrustsToEntity_801C4614D1B99C99529E9159D10E17D6_terseLabel_en-US" xlink:label="lab_bac_NotionalPrincipalAmountOfSecuritiesIssuedBySecuritizationTrustsToEntity_801C4614D1B99C99529E9159D10E17D6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Notional Principal Amount Of Securities Issued By Securitization Trusts To Entity </link:label>
<link:label id="lab_bac_NotionalPrincipalAmountOfSecuritiesIssuedBySecuritizationTrustsToEntity_801C4614D1B99C99529E9159D10E17D6_label_en-US" xlink:label="lab_bac_NotionalPrincipalAmountOfSecuritiesIssuedBySecuritizationTrustsToEntity_801C4614D1B99C99529E9159D10E17D6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Notional Principal Amount Of Securities Issued By Securitization Trusts To Entity </link:label>
<link:label id="lab_bac_NotionalPrincipalAmountOfSecuritiesIssuedBySecuritizationTrustsToEntity_801C4614D1B99C99529E9159D10E17D6_documentation_en-US" xlink:label="lab_bac_NotionalPrincipalAmountOfSecuritiesIssuedBySecuritizationTrustsToEntity_801C4614D1B99C99529E9159D10E17D6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Notional principal amount of securities issued by securitization trusts to the entity. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_NotionalPrincipalAmountOfSecuritiesIssuedBySecuritizationTrustsToEntity" xlink:label="loc_bac_NotionalPrincipalAmountOfSecuritiesIssuedBySecuritizationTrustsToEntity_801C4614D1B99C99529E9159D10E17D6" xlink:type="locator"/>
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<link:label id="lab_bac_StatedInterestRateOfSecuritiesIssuedBySecuritizationTrustsToEntity_4DF8E08C9CB0F1B75A1B915C99076C6C_terseLabel_en-US" xlink:label="lab_bac_StatedInterestRateOfSecuritiesIssuedBySecuritizationTrustsToEntity_4DF8E08C9CB0F1B75A1B915C99076C6C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Stated Interest Rate Of Securities Issued By Securitization Trusts To Entity </link:label>
<link:label id="lab_bac_StatedInterestRateOfSecuritiesIssuedBySecuritizationTrustsToEntity_4DF8E08C9CB0F1B75A1B915C99076C6C_label_en-US" xlink:label="lab_bac_StatedInterestRateOfSecuritiesIssuedBySecuritizationTrustsToEntity_4DF8E08C9CB0F1B75A1B915C99076C6C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stated Interest Rate Of Securities Issued By Securitization Trusts To Entity </link:label>
<link:label id="lab_bac_StatedInterestRateOfSecuritiesIssuedBySecuritizationTrustsToEntity_4DF8E08C9CB0F1B75A1B915C99076C6C_documentation_en-US" xlink:label="lab_bac_StatedInterestRateOfSecuritiesIssuedBySecuritizationTrustsToEntity_4DF8E08C9CB0F1B75A1B915C99076C6C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> The stated interest rate of securities issued by securitization trusts to the entity. </link:label>
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<link:label id="lab_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax_9E1A2A482A799CA19188F8ED22CD45CB_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax_9E1A2A482A799CA19188F8ED22CD45CB" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Net Actuarial (Gain) Loss </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax_9E1A2A482A799CA19188F8ED22CD45CB_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax_9E1A2A482A799CA19188F8ED22CD45CB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Pension and Other Postretirement Benefit Plans, Accumulated Other Comprehensive Income (Loss), Net Gains (Losses), before Tax </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax" xlink:label="loc_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax_9E1A2A482A799CA19188F8ED22CD45CB" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetTransitionAssetsObligationsBeforeTax_DDA8E4BCBF165EF2313EF8EDF92B35B2_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetTransitionAssetsObligationsBeforeTax_DDA8E4BCBF165EF2313EF8EDF92B35B2" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Transition Obligation </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetTransitionAssetsObligationsBeforeTax_DDA8E4BCBF165EF2313EF8EDF92B35B2_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetTransitionAssetsObligationsBeforeTax_DDA8E4BCBF165EF2313EF8EDF92B35B2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Pension and Other Postretirement Benefit Plans, Accumulated Other Comprehensive Income (Loss), Net Transition Assets (Obligations), before Tax </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetTransitionAssetsObligationsBeforeTax" xlink:label="loc_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetTransitionAssetsObligationsBeforeTax_DDA8E4BCBF165EF2313EF8EDF92B35B2" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetPriorServiceCostCreditBeforeTax_FEF31A990784BFCCB749F8EECDF757BE_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetPriorServiceCostCreditBeforeTax_FEF31A990784BFCCB749F8EECDF757BE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Prior Service Cost (Credits) </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetPriorServiceCostCreditBeforeTax_FEF31A990784BFCCB749F8EECDF757BE_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetPriorServiceCostCreditBeforeTax_FEF31A990784BFCCB749F8EECDF757BE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Pension and Other Postretirement Benefit Plans, Accumulated Other Comprehensive Income (Loss), Net Prior Service Cost (Credit), before Tax </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetPriorServiceCostCreditBeforeTax" xlink:label="loc_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetPriorServiceCostCreditBeforeTax_FEF31A990784BFCCB749F8EECDF757BE" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTax_F92DC92853CF6EBA4811F8EFADA384F1_totalLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTax_F92DC92853CF6EBA4811F8EFADA384F1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Amounts Recognized in Accumulated OCI </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTax_F92DC92853CF6EBA4811F8EFADA384F1_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTax_F92DC92853CF6EBA4811F8EFADA384F1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Pension and Other Postretirement Benefit Plans, Accumulated Other Comprehensive Income (Loss), before Tax </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTax" xlink:label="loc_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTax_F92DC92853CF6EBA4811F8EFADA384F1" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ReceivablesAbstract_D908B8BCCF20C7D9409038784B199C6A_label_en-US" xlink:label="lab_us-gaap_ReceivablesAbstract_D908B8BCCF20C7D9409038784B199C6A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Receivables [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ReceivablesAbstract" xlink:label="loc_us-gaap_ReceivablesAbstract_D908B8BCCF20C7D9409038784B199C6A" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_606C76DC15D1DFCBE86D38784E5A38BB_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_606C76DC15D1DFCBE86D38784E5A38BB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Accounts, Notes, Loans and Financing Receivable [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="loc_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_606C76DC15D1DFCBE86D38784E5A38BB" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ConsumerPortfolioSegmentMember_CEA6125A258DDD818DD3387969D3808E_terseLabel_en-US" xlink:label="lab_us-gaap_ConsumerPortfolioSegmentMember_CEA6125A258DDD818DD3387969D3808E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Credit Card and Other Consumer [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ConsumerPortfolioSegmentMember" xlink:label="loc_us-gaap_ConsumerPortfolioSegmentMember_CEA6125A258DDD818DD3387969D3808E" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CommercialPortfolioSegmentMember_410F2A6B0B731A05C76D3896F703A93E_terseLabel_en-US" xlink:label="lab_us-gaap_CommercialPortfolioSegmentMember_410F2A6B0B731A05C76D3896F703A93E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Commercial [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CommercialPortfolioSegmentMember" xlink:label="loc_us-gaap_CommercialPortfolioSegmentMember_410F2A6B0B731A05C76D3896F703A93E" xlink:type="locator"/>
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<link:label id="lab_bac_SmallBusinessCommercialLoanMember_5F711EEC24762C823B90388CEB2EA6E7_label_en-US" xlink:label="lab_bac_SmallBusinessCommercialLoanMember_5F711EEC24762C823B90388CEB2EA6E7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Small Business Commercial Loan [Member] </link:label>
<link:label id="lab_bac_SmallBusinessCommercialLoanMember_5F711EEC24762C823B90388CEB2EA6E7_documentation_en-US" xlink:label="lab_bac_SmallBusinessCommercialLoanMember_5F711EEC24762C823B90388CEB2EA6E7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Small Business Commercial Loan [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_SmallBusinessCommercialLoanMember" xlink:label="loc_bac_SmallBusinessCommercialLoanMember_5F711EEC24762C823B90388CEB2EA6E7" xlink:type="locator"/>
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<link:label id="lab_bac_AllowanceAndCarryingValueOfNotesLoansAndReceivablesByStatusAxis_3085BDDE62149869EE593879669F6C70_label_en-US" xlink:label="lab_bac_AllowanceAndCarryingValueOfNotesLoansAndReceivablesByStatusAxis_3085BDDE62149869EE593879669F6C70" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Allowance and Carrying Value of Notes, Loans and Receivables by Status [Axis] </link:label>
<link:label id="lab_bac_AllowanceAndCarryingValueOfNotesLoansAndReceivablesByStatusAxis_3085BDDE62149869EE593879669F6C70_documentation_en-US" xlink:label="lab_bac_AllowanceAndCarryingValueOfNotesLoansAndReceivablesByStatusAxis_3085BDDE62149869EE593879669F6C70" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Allowance and Carrying Value of Notes, Loans and Receivables by Status [Axis] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_AllowanceAndCarryingValueOfNotesLoansAndReceivablesByStatusAxis" xlink:label="loc_bac_AllowanceAndCarryingValueOfNotesLoansAndReceivablesByStatusAxis_3085BDDE62149869EE593879669F6C70" xlink:type="locator"/>
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<link:label id="lab_bac_AllowanceAndCarryingValueOfNotesLoansAndReceivablesByStatusDomain_CFF1AC3FB34D1A9B708B38A9CF9CA849_label_en-US" xlink:label="lab_bac_AllowanceAndCarryingValueOfNotesLoansAndReceivablesByStatusDomain_CFF1AC3FB34D1A9B708B38A9CF9CA849" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Allowance and Carrying Value of Notes Loans and Receivables by Status [Domain] </link:label>
<link:label id="lab_bac_AllowanceAndCarryingValueOfNotesLoansAndReceivablesByStatusDomain_CFF1AC3FB34D1A9B708B38A9CF9CA849_documentation_en-US" xlink:label="lab_bac_AllowanceAndCarryingValueOfNotesLoansAndReceivablesByStatusDomain_CFF1AC3FB34D1A9B708B38A9CF9CA849" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Allowance and Carrying Value of Notes Loans and Receivables by Status [Domain] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_AllowanceAndCarryingValueOfNotesLoansAndReceivablesByStatusDomain" xlink:label="loc_bac_AllowanceAndCarryingValueOfNotesLoansAndReceivablesByStatusDomain_CFF1AC3FB34D1A9B708B38A9CF9CA849" xlink:type="locator"/>
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<link:label id="lab_bac_IndividuallyEvaluatedForImpairmentMember_0EA824EA75BD30AAA8583879670577FD_verboseLabel_en-US" xlink:label="lab_bac_IndividuallyEvaluatedForImpairmentMember_0EA824EA75BD30AAA8583879670577FD" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Impaired Loans and Troubled Debt Restructurings [Member] </link:label>
<link:label id="lab_bac_IndividuallyEvaluatedForImpairmentMember_0EA824EA75BD30AAA8583879670577FD_label_en-US" xlink:label="lab_bac_IndividuallyEvaluatedForImpairmentMember_0EA824EA75BD30AAA8583879670577FD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Individually Evaluated For Impairment [Member] </link:label>
<link:label id="lab_bac_IndividuallyEvaluatedForImpairmentMember_0EA824EA75BD30AAA8583879670577FD_documentation_en-US" xlink:label="lab_bac_IndividuallyEvaluatedForImpairmentMember_0EA824EA75BD30AAA8583879670577FD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Individually evaluated for impairment. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_IndividuallyEvaluatedForImpairmentMember" xlink:label="loc_bac_IndividuallyEvaluatedForImpairmentMember_0EA824EA75BD30AAA8583879670577FD" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_IndividuallyEvaluatedForImpairmentMember_0EA824EA75BD30AAA8583879670577FD" xlink:to="lab_bac_IndividuallyEvaluatedForImpairmentMember_0EA824EA75BD30AAA8583879670577FD" xlink:type="arc"/>
<link:label id="lab_bac_CollectivelyEvaluatedForImpairmentMember_9BA9E0BEE2C85820CEC9387991D621B3_label_en-US" xlink:label="lab_bac_CollectivelyEvaluatedForImpairmentMember_9BA9E0BEE2C85820CEC9387991D621B3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Collectively Evaluated For Impairment [Member] </link:label>
<link:label id="lab_bac_CollectivelyEvaluatedForImpairmentMember_9BA9E0BEE2C85820CEC9387991D621B3_documentation_en-US" xlink:label="lab_bac_CollectivelyEvaluatedForImpairmentMember_9BA9E0BEE2C85820CEC9387991D621B3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Collectively evaluated for impairment. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CollectivelyEvaluatedForImpairmentMember" xlink:label="loc_bac_CollectivelyEvaluatedForImpairmentMember_9BA9E0BEE2C85820CEC9387991D621B3" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CollectivelyEvaluatedForImpairmentMember_9BA9E0BEE2C85820CEC9387991D621B3" xlink:to="lab_bac_CollectivelyEvaluatedForImpairmentMember_9BA9E0BEE2C85820CEC9387991D621B3" xlink:type="arc"/>
<link:label id="lab_bac_PurchasedCreditImpairedLoansMember_4DC1C5FC97BDFB2888CD3879BDB3D123_verboseLabel_en-US" xlink:label="lab_bac_PurchasedCreditImpairedLoansMember_4DC1C5FC97BDFB2888CD3879BDB3D123" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Purchased Credit-Impaired Loans [Member] </link:label>
<link:label id="lab_bac_PurchasedCreditImpairedLoansMember_4DC1C5FC97BDFB2888CD3879BDB3D123_label_en-US" xlink:label="lab_bac_PurchasedCreditImpairedLoansMember_4DC1C5FC97BDFB2888CD3879BDB3D123" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Purchased Credit Impaired Loans [Member] </link:label>
<link:label id="lab_bac_PurchasedCreditImpairedLoansMember_4DC1C5FC97BDFB2888CD3879BDB3D123_documentation_en-US" xlink:label="lab_bac_PurchasedCreditImpairedLoansMember_4DC1C5FC97BDFB2888CD3879BDB3D123" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Purchased credit-impaired loans. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PurchasedCreditImpairedLoansMember" xlink:label="loc_bac_PurchasedCreditImpairedLoansMember_4DC1C5FC97BDFB2888CD3879BDB3D123" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_PurchasedCreditImpairedLoansMember_4DC1C5FC97BDFB2888CD3879BDB3D123" xlink:to="lab_bac_PurchasedCreditImpairedLoansMember_4DC1C5FC97BDFB2888CD3879BDB3D123" xlink:type="arc"/>
<link:label id="lab_us-gaap_AccountsNotesAndLoansReceivableLineItems_9658A5F8F1E1F1EA173638784E61D68B_terseLabel_en-US" xlink:label="lab_us-gaap_AccountsNotesAndLoansReceivableLineItems_9658A5F8F1E1F1EA173638784E61D68B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Accounts, Notes, Loans and Financing Receivable [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="loc_us-gaap_AccountsNotesAndLoansReceivableLineItems_9658A5F8F1E1F1EA173638784E61D68B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccountsNotesAndLoansReceivableLineItems_9658A5F8F1E1F1EA173638784E61D68B" xlink:to="lab_us-gaap_AccountsNotesAndLoansReceivableLineItems_9658A5F8F1E1F1EA173638784E61D68B" xlink:type="arc"/>
<link:label id="lab_us-gaap_LoansAndLeasesReceivableNetReportedAmountAbstract_7D22253143A8A80EDBBC38B55BEF0859_verboseLabel_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableNetReportedAmountAbstract_7D22253143A8A80EDBBC38B55BEF0859" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Carrying Value of Outstanding Loans and Leases [Abstract] </link:label>
<link:label id="lab_us-gaap_LoansAndLeasesReceivableNetReportedAmountAbstract_7D22253143A8A80EDBBC38B55BEF0859_label_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableNetReportedAmountAbstract_7D22253143A8A80EDBBC38B55BEF0859" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loans and Leases Receivable, Net Reported Amount [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LoansAndLeasesReceivableNetReportedAmountAbstract" xlink:label="loc_us-gaap_LoansAndLeasesReceivableNetReportedAmountAbstract_7D22253143A8A80EDBBC38B55BEF0859" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LoansAndLeasesReceivableNetReportedAmountAbstract_7D22253143A8A80EDBBC38B55BEF0859" xlink:to="lab_us-gaap_LoansAndLeasesReceivableNetReportedAmountAbstract_7D22253143A8A80EDBBC38B55BEF0859" xlink:type="arc"/>
<link:label id="lab_us-gaap_LoansAndLeasesReceivableAllowance_FD5002837B1C1387A8F9387965717A5C_verboseLabel_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableAllowance_FD5002837B1C1387A8F9387965717A5C" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Allowance for Loan and Lease Losses </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LoansAndLeasesReceivableAllowance" xlink:label="loc_us-gaap_LoansAndLeasesReceivableAllowance_FD5002837B1C1387A8F9387965717A5C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LoansAndLeasesReceivableAllowance_FD5002837B1C1387A8F9387965717A5C" xlink:to="lab_us-gaap_LoansAndLeasesReceivableAllowance_FD5002837B1C1387A8F9387965717A5C" xlink:type="arc"/>
<link:label id="lab_bac_LoansAndLeasesReceivableNetReportedAmountExcludingLoansMeasuredAtFairValue_87B428E5DE7A40DA543938797199F35B_verboseLabel_en-US" xlink:label="lab_bac_LoansAndLeasesReceivableNetReportedAmountExcludingLoansMeasuredAtFairValue_87B428E5DE7A40DA543938797199F35B" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Carrying Value Gross of Valuation Allowance </link:label>
<link:label id="lab_bac_LoansAndLeasesReceivableNetReportedAmountExcludingLoansMeasuredAtFairValue_87B428E5DE7A40DA543938797199F35B_label_en-US" xlink:label="lab_bac_LoansAndLeasesReceivableNetReportedAmountExcludingLoansMeasuredAtFairValue_87B428E5DE7A40DA543938797199F35B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loans And Leases Receivable Net Reported Amount Excluding Loans Measured At Fair Value </link:label>
<link:label id="lab_bac_LoansAndLeasesReceivableNetReportedAmountExcludingLoansMeasuredAtFairValue_87B428E5DE7A40DA543938797199F35B_documentation_en-US" xlink:label="lab_bac_LoansAndLeasesReceivableNetReportedAmountExcludingLoansMeasuredAtFairValue_87B428E5DE7A40DA543938797199F35B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Loans and leases receivable net reported amount excluding loans measured at fair value. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_LoansAndLeasesReceivableNetReportedAmountExcludingLoansMeasuredAtFairValue" xlink:label="loc_bac_LoansAndLeasesReceivableNetReportedAmountExcludingLoansMeasuredAtFairValue_87B428E5DE7A40DA543938797199F35B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_LoansAndLeasesReceivableNetReportedAmountExcludingLoansMeasuredAtFairValue_87B428E5DE7A40DA543938797199F35B" xlink:to="lab_bac_LoansAndLeasesReceivableNetReportedAmountExcludingLoansMeasuredAtFairValue_87B428E5DE7A40DA543938797199F35B" xlink:type="arc"/>
<link:label id="lab_bac_AllowanceAsPercentageOfOutstandingLoansAndLeases_3BCFF1FB6CDE41BBB54538797D2FA282_verboseLabel_en-US" xlink:label="lab_bac_AllowanceAsPercentageOfOutstandingLoansAndLeases_3BCFF1FB6CDE41BBB54538797D2FA282" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Valuation Allowance As A Percentage Of Carrying Value </link:label>
<link:label id="lab_bac_AllowanceAsPercentageOfOutstandingLoansAndLeases_3BCFF1FB6CDE41BBB54538797D2FA282_label_en-US" xlink:label="lab_bac_AllowanceAsPercentageOfOutstandingLoansAndLeases_3BCFF1FB6CDE41BBB54538797D2FA282" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Allowance As Percentage Of Outstanding Loans And Leases </link:label>
<link:label id="lab_bac_AllowanceAsPercentageOfOutstandingLoansAndLeases_3BCFF1FB6CDE41BBB54538797D2FA282_documentation_en-US" xlink:label="lab_bac_AllowanceAsPercentageOfOutstandingLoansAndLeases_3BCFF1FB6CDE41BBB54538797D2FA282" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Allowance as percentage of outstanding loans and leases. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_AllowanceAsPercentageOfOutstandingLoansAndLeases" xlink:label="loc_bac_AllowanceAsPercentageOfOutstandingLoansAndLeases_3BCFF1FB6CDE41BBB54538797D2FA282" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_AllowanceAsPercentageOfOutstandingLoansAndLeases_3BCFF1FB6CDE41BBB54538797D2FA282" xlink:to="lab_bac_AllowanceAsPercentageOfOutstandingLoansAndLeases_3BCFF1FB6CDE41BBB54538797D2FA282" xlink:type="arc"/>
<link:label id="lab_us-gaap_LoansReceivableFairValueDisclosure_B5A934235D687E0B74E9388E0ED3F2B8_terseLabel_en-US" xlink:label="lab_us-gaap_LoansReceivableFairValueDisclosure_B5A934235D687E0B74E9388E0ED3F2B8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loans Receivable, Fair Value Disclosure </link:label>
<link:label id="lab_us-gaap_LoansReceivableFairValueDisclosure_B5A934235D687E0B74E9388E0ED3F2B8_label_en-US" xlink:label="lab_us-gaap_LoansReceivableFairValueDisclosure_B5A934235D687E0B74E9388E0ED3F2B8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loans Receivable, Fair Value Disclosure </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LoansReceivableFairValueDisclosure" xlink:label="loc_us-gaap_LoansReceivableFairValueDisclosure_B5A934235D687E0B74E9388E0ED3F2B8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LoansReceivableFairValueDisclosure_B5A934235D687E0B74E9388E0ED3F2B8" xlink:to="lab_us-gaap_LoansReceivableFairValueDisclosure_B5A934235D687E0B74E9388E0ED3F2B8" xlink:type="arc"/>
<link:label id="lab_bac_StockBasedCompensationPlansAbstract_05C42751A6DDA7DA5A10C8F4D294871F_label_en-US" xlink:label="lab_bac_StockBasedCompensationPlansAbstract_05C42751A6DDA7DA5A10C8F4D294871F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stock-based Compensation Plans [Abstract] </link:label>
<link:label id="lab_bac_StockBasedCompensationPlansAbstract_05C42751A6DDA7DA5A10C8F4D294871F_documentation_en-US" xlink:label="lab_bac_StockBasedCompensationPlansAbstract_05C42751A6DDA7DA5A10C8F4D294871F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Stock-based Compensation Plans [Abstract] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_StockBasedCompensationPlansAbstract" xlink:label="loc_bac_StockBasedCompensationPlansAbstract_05C42751A6DDA7DA5A10C8F4D294871F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_StockBasedCompensationPlansAbstract_05C42751A6DDA7DA5A10C8F4D294871F" xlink:to="lab_bac_StockBasedCompensationPlansAbstract_05C42751A6DDA7DA5A10C8F4D294871F" xlink:type="arc"/>
<link:label id="lab_bac_RestrictedStockAwardsTableTextBlock_0DD12613EA9766F35D8EC8FB3A7A22C6_terseLabel_en-US" xlink:label="lab_bac_RestrictedStockAwardsTableTextBlock_0DD12613EA9766F35D8EC8FB3A7A22C6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Restricted Stock Awards [Table Text Block] </link:label>
<link:label id="lab_bac_RestrictedStockAwardsTableTextBlock_0DD12613EA9766F35D8EC8FB3A7A22C6_label_en-US" xlink:label="lab_bac_RestrictedStockAwardsTableTextBlock_0DD12613EA9766F35D8EC8FB3A7A22C6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Restricted Stock Awards [Table Text Block] </link:label>
<link:label id="lab_bac_RestrictedStockAwardsTableTextBlock_0DD12613EA9766F35D8EC8FB3A7A22C6_documentation_en-US" xlink:label="lab_bac_RestrictedStockAwardsTableTextBlock_0DD12613EA9766F35D8EC8FB3A7A22C6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Restricted stock/unit awards. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_RestrictedStockAwardsTableTextBlock" xlink:label="loc_bac_RestrictedStockAwardsTableTextBlock_0DD12613EA9766F35D8EC8FB3A7A22C6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_RestrictedStockAwardsTableTextBlock_0DD12613EA9766F35D8EC8FB3A7A22C6" xlink:to="lab_bac_RestrictedStockAwardsTableTextBlock_0DD12613EA9766F35D8EC8FB3A7A22C6" xlink:type="arc"/>
<link:label id="lab_us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock_B76C5F1693AF8904E934C8FFEA1BB407_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock_B76C5F1693AF8904E934C8FFEA1BB407" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block] </link:label>
<link:label id="lab_us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock_B76C5F1693AF8904E934C8FFEA1BB407_label_en-US" xlink:label="lab_us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock_B76C5F1693AF8904E934C8FFEA1BB407" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock_B76C5F1693AF8904E934C8FFEA1BB407" xlink:type="locator"/>
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<link:label id="lab_us-gaap_StatementOfFinancialPositionAbstract_F9132F22BFC34727FF0601EE21629EA2_label_en-US" xlink:label="lab_us-gaap_StatementOfFinancialPositionAbstract_F9132F22BFC34727FF0601EE21629EA2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Statement of Financial Position [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_StatementOfFinancialPositionAbstract" xlink:label="loc_us-gaap_StatementOfFinancialPositionAbstract_F9132F22BFC34727FF0601EE21629EA2" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AssetsAbstract_1E86627B52C13A982FDC5E52DF287EAC_terseLabel_en-US" xlink:label="lab_us-gaap_AssetsAbstract_1E86627B52C13A982FDC5E52DF287EAC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Assets </link:label>
<link:label id="lab_us-gaap_AssetsAbstract_1E86627B52C13A982FDC5E52DF287EAC_label_en-US" xlink:label="lab_us-gaap_AssetsAbstract_1E86627B52C13A982FDC5E52DF287EAC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Assets [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="loc_us-gaap_AssetsAbstract_1E86627B52C13A982FDC5E52DF287EAC" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_7E4A52618DFDCCDDBA465E5472CD4F0A_terseLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_7E4A52618DFDCCDDBA465E5472CD4F0A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Cash and cash equivalents </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_7E4A52618DFDCCDDBA465E5472CD4F0A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_7E4A52618DFDCCDDBA465E5472CD4F0A" xlink:to="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_7E4A52618DFDCCDDBA465E5472CD4F0A" xlink:type="arc"/>
<link:label id="lab_us-gaap_InterestBearingDepositsInBanks_BFBD73A9EFEAAF3067B35E55961390F9_terseLabel_en-US" xlink:label="lab_us-gaap_InterestBearingDepositsInBanks_BFBD73A9EFEAAF3067B35E55961390F9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Time deposits placed and other short-term investments </link:label>
<link:label id="lab_us-gaap_InterestBearingDepositsInBanks_BFBD73A9EFEAAF3067B35E55961390F9_label_en-US" xlink:label="lab_us-gaap_InterestBearingDepositsInBanks_BFBD73A9EFEAAF3067B35E55961390F9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest-bearing Deposits in Banks and Other Financial Institutions </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_InterestBearingDepositsInBanks" xlink:label="loc_us-gaap_InterestBearingDepositsInBanks_BFBD73A9EFEAAF3067B35E55961390F9" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestBearingDepositsInBanks_BFBD73A9EFEAAF3067B35E55961390F9" xlink:to="lab_us-gaap_InterestBearingDepositsInBanks_BFBD73A9EFEAAF3067B35E55961390F9" xlink:type="arc"/>
<link:label id="lab_bac_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResell_2A97C60C3CB43D7A9D545E57A2390032_terseLabel_en-US" xlink:label="lab_bac_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResell_2A97C60C3CB43D7A9D545E57A2390032" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Federal funds sold and securities borrowed or purchased under agreements to resell (includes $87,453 and $78,599 measured at fair value) </link:label>
<link:label id="lab_bac_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResell_2A97C60C3CB43D7A9D545E57A2390032_label_en-US" xlink:label="lab_bac_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResell_2A97C60C3CB43D7A9D545E57A2390032" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Federal Funds Sold And Securities Borrowed Or Purchased Under Agreements To Resell </link:label>
<link:label id="lab_bac_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResell_2A97C60C3CB43D7A9D545E57A2390032_documentation_en-US" xlink:label="lab_bac_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResell_2A97C60C3CB43D7A9D545E57A2390032" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Includes: (1) the amount outstanding of funds lent to other depository institutions, securities brokers, or securities dealers in the form of Federal Funds sold; for example, immediately available funds lent under agreements or contracts that mature in one business day or roll over under a continuing contract, regardless of the nature of the transaction or the collateral involved, excluding overnight lending for commercial and industrial purposes. Also include Federal Funds sold under agreements to resell on a gross basis, excluding (1) sales of term Federal Funds, (2) due bills representing purchases of securities or other assets by the reporting bank that have not yet been delivered and similar instruments, (3) resale agreements that mature in more than one business day involving assets other than securities, and (4) yield maintenance dollar repurchase agreements (Federal Funds Sold) and (2) the dollar amount outstanding of funds lent in the form of security resale agreements regardless of maturity, if the agreement requires the bank to resell the identical security purchased or a security that meets the definition of substantially the same in the case of a dollar roll. Also include purchases of participations in pools of securities, regardless of maturity (Securities Purchased Under Agreements to Re-sell). In addition, includes the carrying value as of the balance sheet date of securities borrowed from broker-dealers or institutions (a) to deliver them in place of securities not available because of short-sales or late or ineffective deliveries; (b) to lend them in connection with finder or conduit transactions; and (c) to be used for other purposes permitted under federal regulations. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResell" xlink:label="loc_bac_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResell_2A97C60C3CB43D7A9D545E57A2390032" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResell_2A97C60C3CB43D7A9D545E57A2390032" xlink:to="lab_bac_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResell_2A97C60C3CB43D7A9D545E57A2390032" xlink:type="arc"/>
<link:label id="lab_us-gaap_TradingSecurities_9F3EA3D32D8BFE1E488B5E50A96CD6B6_verboseLabel_en-US" xlink:label="lab_us-gaap_TradingSecurities_9F3EA3D32D8BFE1E488B5E50A96CD6B6" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Trading account assets (includes $80,130 and $89,165 pledged as collateral) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_TradingSecurities" xlink:label="loc_us-gaap_TradingSecurities_9F3EA3D32D8BFE1E488B5E50A96CD6B6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TradingSecurities_9F3EA3D32D8BFE1E488B5E50A96CD6B6" xlink:to="lab_us-gaap_TradingSecurities_9F3EA3D32D8BFE1E488B5E50A96CD6B6" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeAssets_BF9B0AF302715F09A4BB5E589A8D6BA3_verboseLabel_en-US" xlink:label="lab_us-gaap_DerivativeAssets_BF9B0AF302715F09A4BB5E589A8D6BA3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Derivative assets (includes $58,891 and $58,297 pledged as collateral) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DerivativeAssets" xlink:label="loc_us-gaap_DerivativeAssets_BF9B0AF302715F09A4BB5E589A8D6BA3" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeAssets_BF9B0AF302715F09A4BB5E589A8D6BA3" xlink:to="lab_us-gaap_DerivativeAssets_BF9B0AF302715F09A4BB5E589A8D6BA3" xlink:type="arc"/>
<link:label id="lab_bac_DebtSecuritiesAbstract_B16BDA0CFBFA024342FC5E5918E5D663_terseLabel_en-US" xlink:label="lab_bac_DebtSecuritiesAbstract_B16BDA0CFBFA024342FC5E5918E5D663" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Debt securities: </link:label>
<link:label id="lab_bac_DebtSecuritiesAbstract_B16BDA0CFBFA024342FC5E5918E5D663_label_en-US" xlink:label="lab_bac_DebtSecuritiesAbstract_B16BDA0CFBFA024342FC5E5918E5D663" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Debt Securities [Abstract] </link:label>
<link:label id="lab_bac_DebtSecuritiesAbstract_B16BDA0CFBFA024342FC5E5918E5D663_documentation_en-US" xlink:label="lab_bac_DebtSecuritiesAbstract_B16BDA0CFBFA024342FC5E5918E5D663" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Debt securities [Abstract] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_DebtSecuritiesAbstract" xlink:label="loc_bac_DebtSecuritiesAbstract_B16BDA0CFBFA024342FC5E5918E5D663" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_DebtSecuritiesAbstract_B16BDA0CFBFA024342FC5E5918E5D663" xlink:to="lab_bac_DebtSecuritiesAbstract_B16BDA0CFBFA024342FC5E5918E5D663" xlink:type="arc"/>
<link:label id="lab_us-gaap_AvailableForSaleSecuritiesDebtSecurities_B5CC9B198B10F3A508D05E5A03A0D584_verboseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesDebtSecurities_B5CC9B198B10F3A508D05E5A03A0D584" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Available-for-sale (includes $69,021 and $99,925 pledged as collateral) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtSecurities" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesDebtSecurities_B5CC9B198B10F3A508D05E5A03A0D584" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableForSaleSecuritiesDebtSecurities_B5CC9B198B10F3A508D05E5A03A0D584" xlink:to="lab_us-gaap_AvailableForSaleSecuritiesDebtSecurities_B5CC9B198B10F3A508D05E5A03A0D584" xlink:type="arc"/>
<link:label id="lab_us-gaap_HeldToMaturitySecurities_D4F4A4CC65EB787B9BB55E5A6E0C1F8E_terseLabel_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecurities_D4F4A4CC65EB787B9BB55E5A6E0C1F8E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Held-to-maturity, at cost (fair value - $35,442 and $427; $24,009 pledged as collateral in 2011) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_HeldToMaturitySecurities" xlink:label="loc_us-gaap_HeldToMaturitySecurities_D4F4A4CC65EB787B9BB55E5A6E0C1F8E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_HeldToMaturitySecurities_D4F4A4CC65EB787B9BB55E5A6E0C1F8E" xlink:to="lab_us-gaap_HeldToMaturitySecurities_D4F4A4CC65EB787B9BB55E5A6E0C1F8E" xlink:type="arc"/>
<link:label id="lab_bac_DebtSecurities_44A8E1A1EFE9F42A71445E5B3AD5289A_totalLabel_en-US" xlink:label="lab_bac_DebtSecurities_44A8E1A1EFE9F42A71445E5B3AD5289A" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total debt securities </link:label>
<link:label id="lab_bac_DebtSecurities_44A8E1A1EFE9F42A71445E5B3AD5289A_label_en-US" xlink:label="lab_bac_DebtSecurities_44A8E1A1EFE9F42A71445E5B3AD5289A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Debt Securities </link:label>
<link:label id="lab_bac_DebtSecurities_44A8E1A1EFE9F42A71445E5B3AD5289A_documentation_en-US" xlink:label="lab_bac_DebtSecurities_44A8E1A1EFE9F42A71445E5B3AD5289A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Debt financial instruments include: (1) securities available-for-sale, and (2) securities held-to-maturity. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_DebtSecurities" xlink:label="loc_bac_DebtSecurities_44A8E1A1EFE9F42A71445E5B3AD5289A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_DebtSecurities_44A8E1A1EFE9F42A71445E5B3AD5289A" xlink:to="lab_bac_DebtSecurities_44A8E1A1EFE9F42A71445E5B3AD5289A" xlink:type="arc"/>
<link:label id="lab_us-gaap_LoansAndLeasesReceivableNetOfDeferredIncome_046CD6965EBB3E33C6CE5E5D314DA88B_verboseLabel_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableNetOfDeferredIncome_046CD6965EBB3E33C6CE5E5D314DA88B" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Loans and leases (includes $8,804 and $3,321 measured at fair value and $73,463 and $91,730 pledged as collateral) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LoansAndLeasesReceivableNetOfDeferredIncome" xlink:label="loc_us-gaap_LoansAndLeasesReceivableNetOfDeferredIncome_046CD6965EBB3E33C6CE5E5D314DA88B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LoansAndLeasesReceivableNetOfDeferredIncome_046CD6965EBB3E33C6CE5E5D314DA88B" xlink:to="lab_us-gaap_LoansAndLeasesReceivableNetOfDeferredIncome_046CD6965EBB3E33C6CE5E5D314DA88B" xlink:type="arc"/>
<link:label id="lab_us-gaap_LoansAndLeasesReceivableAllowance_59477E2A2C3685F177465E5DDADE8B4E_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableAllowance_59477E2A2C3685F177465E5DDADE8B4E" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Allowance for loan and lease losses </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LoansAndLeasesReceivableAllowance" xlink:label="loc_us-gaap_LoansAndLeasesReceivableAllowance_59477E2A2C3685F177465E5DDADE8B4E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LoansAndLeasesReceivableAllowance_59477E2A2C3685F177465E5DDADE8B4E" xlink:to="lab_us-gaap_LoansAndLeasesReceivableAllowance_59477E2A2C3685F177465E5DDADE8B4E" xlink:type="arc"/>
<link:label id="lab_us-gaap_LoansAndLeasesReceivableNetReportedAmount_0D584E9D7E516286FBE45E5E58A8106D_totalLabel_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableNetReportedAmount_0D584E9D7E516286FBE45E5E58A8106D" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Loans and leases, net of allowance </link:label>
<link:label id="lab_us-gaap_LoansAndLeasesReceivableNetReportedAmount_0D584E9D7E516286FBE45E5E58A8106D_label_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableNetReportedAmount_0D584E9D7E516286FBE45E5E58A8106D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loans and Leases Receivable, Net Reported Amount </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LoansAndLeasesReceivableNetReportedAmount" xlink:label="loc_us-gaap_LoansAndLeasesReceivableNetReportedAmount_0D584E9D7E516286FBE45E5E58A8106D" xlink:type="locator"/>
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<link:label id="lab_us-gaap_PropertyPlantAndEquipmentNet_5F71865118A731A8442D5E608E5454F8_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentNet_5F71865118A731A8442D5E608E5454F8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Premises and equipment, net </link:label>
<link:label id="lab_us-gaap_PropertyPlantAndEquipmentNet_5F71865118A731A8442D5E608E5454F8_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentNet_5F71865118A731A8442D5E608E5454F8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Property, Plant and Equipment, Net </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNet" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentNet_5F71865118A731A8442D5E608E5454F8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentNet_5F71865118A731A8442D5E608E5454F8" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentNet_5F71865118A731A8442D5E608E5454F8" xlink:type="arc"/>
<link:label id="lab_bac_MortgageServicingRights_709AE887B59960B021D15E616C66B315_terseLabel_en-US" xlink:label="lab_bac_MortgageServicingRights_709AE887B59960B021D15E616C66B315" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Mortgage servicing rights (includes $7,378 and $14,900 measured at fair value) </link:label>
<link:label id="lab_bac_MortgageServicingRights_709AE887B59960B021D15E616C66B315_label_en-US" xlink:label="lab_bac_MortgageServicingRights_709AE887B59960B021D15E616C66B315" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Mortgage Servicing Rights </link:label>
<link:label id="lab_bac_MortgageServicingRights_709AE887B59960B021D15E616C66B315_documentation_en-US" xlink:label="lab_bac_MortgageServicingRights_709AE887B59960B021D15E616C66B315" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents net future revenues from contractually specified servicing fees, late charges, and other ancillary revenues, in excess of future costs related to servicing arrangements for mortgage loans. Mortgage servicing rights may be obtained via (1) acquisition or assumption of a servicing obligation that does not relate to financial assets of the servicer or its consolidated affiliates; or (2) by originating loans and then (a) transferring the loans to a qualifying special purpose entity in a transaction that meets the necessary transfer and classification requirements, or (b) transferring the loans in a transaction that meets the requirements for sale accounting. Mortgage servicing rights may be carried at amortized cost or fair value. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_MortgageServicingRights" xlink:label="loc_bac_MortgageServicingRights_709AE887B59960B021D15E616C66B315" xlink:type="locator"/>
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<link:label id="lab_us-gaap_Goodwill_AB6755F72B5C2F97244B5E50A93750A7_terseLabel_en-US" xlink:label="lab_us-gaap_Goodwill_AB6755F72B5C2F97244B5E50A93750A7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Goodwill </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_Goodwill" xlink:label="loc_us-gaap_Goodwill_AB6755F72B5C2F97244B5E50A93750A7" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Goodwill_AB6755F72B5C2F97244B5E50A93750A7" xlink:to="lab_us-gaap_Goodwill_AB6755F72B5C2F97244B5E50A93750A7" xlink:type="arc"/>
<link:label id="lab_us-gaap_IntangibleAssetsNetExcludingGoodwill_C8E98A8CC4EF287116025E62846A74BE_terseLabel_en-US" xlink:label="lab_us-gaap_IntangibleAssetsNetExcludingGoodwill_C8E98A8CC4EF287116025E62846A74BE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Intangible assets </link:label>
<link:label id="lab_us-gaap_IntangibleAssetsNetExcludingGoodwill_C8E98A8CC4EF287116025E62846A74BE_label_en-US" xlink:label="lab_us-gaap_IntangibleAssetsNetExcludingGoodwill_C8E98A8CC4EF287116025E62846A74BE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Intangible Assets, Net (Excluding Goodwill) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_IntangibleAssetsNetExcludingGoodwill" xlink:label="loc_us-gaap_IntangibleAssetsNetExcludingGoodwill_C8E98A8CC4EF287116025E62846A74BE" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IntangibleAssetsNetExcludingGoodwill_C8E98A8CC4EF287116025E62846A74BE" xlink:to="lab_us-gaap_IntangibleAssetsNetExcludingGoodwill_C8E98A8CC4EF287116025E62846A74BE" xlink:type="arc"/>
<link:label id="lab_us-gaap_LoansReceivableHeldForSaleNet_76E8FE288A2EBF028B7D5E63EA317B70_verboseLabel_en-US" xlink:label="lab_us-gaap_LoansReceivableHeldForSaleNet_76E8FE288A2EBF028B7D5E63EA317B70" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Loans held-for-sale (includes $7,630 and $25,942 measured at fair value) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LoansReceivableHeldForSaleNet" xlink:label="loc_us-gaap_LoansReceivableHeldForSaleNet_76E8FE288A2EBF028B7D5E63EA317B70" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LoansReceivableHeldForSaleNet_76E8FE288A2EBF028B7D5E63EA317B70" xlink:to="lab_us-gaap_LoansReceivableHeldForSaleNet_76E8FE288A2EBF028B7D5E63EA317B70" xlink:type="arc"/>
<link:label id="lab_us-gaap_OtherReceivables_0459B0872459B5AE54B55E6449723E72_terseLabel_en-US" xlink:label="lab_us-gaap_OtherReceivables_0459B0872459B5AE54B55E6449723E72" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Customer and other receivables </link:label>
<link:label id="lab_us-gaap_OtherReceivables_0459B0872459B5AE54B55E6449723E72_label_en-US" xlink:label="lab_us-gaap_OtherReceivables_0459B0872459B5AE54B55E6449723E72" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Receivables </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_OtherReceivables" xlink:label="loc_us-gaap_OtherReceivables_0459B0872459B5AE54B55E6449723E72" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherReceivables_0459B0872459B5AE54B55E6449723E72" xlink:to="lab_us-gaap_OtherReceivables_0459B0872459B5AE54B55E6449723E72" xlink:type="arc"/>
<link:label id="lab_us-gaap_OtherAssets_7E9C82BEEFFB64B6B98F5E64AF5D77AF_verboseLabel_en-US" xlink:label="lab_us-gaap_OtherAssets_7E9C82BEEFFB64B6B98F5E64AF5D77AF" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Other assets (includes $37,084 and $70,531 measured at fair value) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_OtherAssets" xlink:label="loc_us-gaap_OtherAssets_7E9C82BEEFFB64B6B98F5E64AF5D77AF" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherAssets_7E9C82BEEFFB64B6B98F5E64AF5D77AF" xlink:to="lab_us-gaap_OtherAssets_7E9C82BEEFFB64B6B98F5E64AF5D77AF" xlink:type="arc"/>
<link:label id="lab_us-gaap_LiabilitiesAbstract_D1C4885B4FF5FE37180B5E7FCABD2246_terseLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesAbstract_D1C4885B4FF5FE37180B5E7FCABD2246" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Liabilities </link:label>
<link:label id="lab_us-gaap_LiabilitiesAbstract_D1C4885B4FF5FE37180B5E7FCABD2246_label_en-US" xlink:label="lab_us-gaap_LiabilitiesAbstract_D1C4885B4FF5FE37180B5E7FCABD2246" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Liabilities [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="loc_us-gaap_LiabilitiesAbstract_D1C4885B4FF5FE37180B5E7FCABD2246" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LiabilitiesAbstract_D1C4885B4FF5FE37180B5E7FCABD2246" xlink:to="lab_us-gaap_LiabilitiesAbstract_D1C4885B4FF5FE37180B5E7FCABD2246" xlink:type="arc"/>
<link:label id="lab_us-gaap_DepositsDomesticAbstract_27299939812F457335396355A0A74638_terseLabel_en-US" xlink:label="lab_us-gaap_DepositsDomesticAbstract_27299939812F457335396355A0A74638" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Deposits in U.S. offices: </link:label>
<link:label id="lab_us-gaap_DepositsDomesticAbstract_27299939812F457335396355A0A74638_label_en-US" xlink:label="lab_us-gaap_DepositsDomesticAbstract_27299939812F457335396355A0A74638" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Deposits, Domestic [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DepositsDomesticAbstract" xlink:label="loc_us-gaap_DepositsDomesticAbstract_27299939812F457335396355A0A74638" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DepositsDomesticAbstract_27299939812F457335396355A0A74638" xlink:to="lab_us-gaap_DepositsDomesticAbstract_27299939812F457335396355A0A74638" xlink:type="arc"/>
<link:label id="lab_us-gaap_NoninterestBearingDepositLiabilitiesDomestic_AA7B0F4286F3892C768C5E80F1E44220_terseLabel_en-US" xlink:label="lab_us-gaap_NoninterestBearingDepositLiabilitiesDomestic_AA7B0F4286F3892C768C5E80F1E44220" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Noninterest-bearing </link:label>
<link:label id="lab_us-gaap_NoninterestBearingDepositLiabilitiesDomestic_AA7B0F4286F3892C768C5E80F1E44220_label_en-US" xlink:label="lab_us-gaap_NoninterestBearingDepositLiabilitiesDomestic_AA7B0F4286F3892C768C5E80F1E44220" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Noninterest-bearing Deposit Liabilities, Domestic </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_NoninterestBearingDepositLiabilitiesDomestic" xlink:label="loc_us-gaap_NoninterestBearingDepositLiabilitiesDomestic_AA7B0F4286F3892C768C5E80F1E44220" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NoninterestBearingDepositLiabilitiesDomestic_AA7B0F4286F3892C768C5E80F1E44220" xlink:to="lab_us-gaap_NoninterestBearingDepositLiabilitiesDomestic_AA7B0F4286F3892C768C5E80F1E44220" xlink:type="arc"/>
<link:label id="lab_us-gaap_InterestBearingDepositLiabilitiesDomestic_FEF28FFF206D49ECECAA5E81C8D66DE3_terseLabel_en-US" xlink:label="lab_us-gaap_InterestBearingDepositLiabilitiesDomestic_FEF28FFF206D49ECECAA5E81C8D66DE3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Interest-bearing (includes $3,297 and $2,732 measured at fair value) </link:label>
<link:label id="lab_us-gaap_InterestBearingDepositLiabilitiesDomestic_FEF28FFF206D49ECECAA5E81C8D66DE3_label_en-US" xlink:label="lab_us-gaap_InterestBearingDepositLiabilitiesDomestic_FEF28FFF206D49ECECAA5E81C8D66DE3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest-bearing Deposit Liabilities, Domestic </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_InterestBearingDepositLiabilitiesDomestic" xlink:label="loc_us-gaap_InterestBearingDepositLiabilitiesDomestic_FEF28FFF206D49ECECAA5E81C8D66DE3" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestBearingDepositLiabilitiesDomestic_FEF28FFF206D49ECECAA5E81C8D66DE3" xlink:to="lab_us-gaap_InterestBearingDepositLiabilitiesDomestic_FEF28FFF206D49ECECAA5E81C8D66DE3" xlink:type="arc"/>
<link:label id="lab_us-gaap_DepositsForeignAbstract_1FBD038DD0BA526936A463575715D26E_terseLabel_en-US" xlink:label="lab_us-gaap_DepositsForeignAbstract_1FBD038DD0BA526936A463575715D26E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Deposits in Non-U.S. offices: </link:label>
<link:label id="lab_us-gaap_DepositsForeignAbstract_1FBD038DD0BA526936A463575715D26E_label_en-US" xlink:label="lab_us-gaap_DepositsForeignAbstract_1FBD038DD0BA526936A463575715D26E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Deposits, Foreign [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DepositsForeignAbstract" xlink:label="loc_us-gaap_DepositsForeignAbstract_1FBD038DD0BA526936A463575715D26E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DepositsForeignAbstract_1FBD038DD0BA526936A463575715D26E" xlink:to="lab_us-gaap_DepositsForeignAbstract_1FBD038DD0BA526936A463575715D26E" xlink:type="arc"/>
<link:label id="lab_us-gaap_NoninterestBearingDepositLiabilitiesForeign_DC822F71AFE533236A305E8208018D1C_terseLabel_en-US" xlink:label="lab_us-gaap_NoninterestBearingDepositLiabilitiesForeign_DC822F71AFE533236A305E8208018D1C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Noninterest-bearing </link:label>
<link:label id="lab_us-gaap_NoninterestBearingDepositLiabilitiesForeign_DC822F71AFE533236A305E8208018D1C_label_en-US" xlink:label="lab_us-gaap_NoninterestBearingDepositLiabilitiesForeign_DC822F71AFE533236A305E8208018D1C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Noninterest-bearing Deposit Liabilities, Foreign </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_NoninterestBearingDepositLiabilitiesForeign" xlink:label="loc_us-gaap_NoninterestBearingDepositLiabilitiesForeign_DC822F71AFE533236A305E8208018D1C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NoninterestBearingDepositLiabilitiesForeign_DC822F71AFE533236A305E8208018D1C" xlink:to="lab_us-gaap_NoninterestBearingDepositLiabilitiesForeign_DC822F71AFE533236A305E8208018D1C" xlink:type="arc"/>
<link:label id="lab_us-gaap_InterestBearingDepositLiabilitiesForeign_7F481F7B33DE452E521A5E826E55EAB0_terseLabel_en-US" xlink:label="lab_us-gaap_InterestBearingDepositLiabilitiesForeign_7F481F7B33DE452E521A5E826E55EAB0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Interest-bearing </link:label>
<link:label id="lab_us-gaap_InterestBearingDepositLiabilitiesForeign_7F481F7B33DE452E521A5E826E55EAB0_label_en-US" xlink:label="lab_us-gaap_InterestBearingDepositLiabilitiesForeign_7F481F7B33DE452E521A5E826E55EAB0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest-bearing Deposit Liabilities, Foreign </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_InterestBearingDepositLiabilitiesForeign" xlink:label="loc_us-gaap_InterestBearingDepositLiabilitiesForeign_7F481F7B33DE452E521A5E826E55EAB0" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestBearingDepositLiabilitiesForeign_7F481F7B33DE452E521A5E826E55EAB0" xlink:to="lab_us-gaap_InterestBearingDepositLiabilitiesForeign_7F481F7B33DE452E521A5E826E55EAB0" xlink:type="arc"/>
<link:label id="lab_us-gaap_Deposits_1173B4D9C1301942F3855E7E95FEA08C_totalLabel_en-US" xlink:label="lab_us-gaap_Deposits_1173B4D9C1301942F3855E7E95FEA08C" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total Deposits </link:label>
<link:label id="lab_us-gaap_Deposits_1173B4D9C1301942F3855E7E95FEA08C_label_en-US" xlink:label="lab_us-gaap_Deposits_1173B4D9C1301942F3855E7E95FEA08C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Deposits </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_Deposits" xlink:label="loc_us-gaap_Deposits_1173B4D9C1301942F3855E7E95FEA08C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Deposits_1173B4D9C1301942F3855E7E95FEA08C" xlink:to="lab_us-gaap_Deposits_1173B4D9C1301942F3855E7E95FEA08C" xlink:type="arc"/>
<link:label id="lab_bac_FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchase_FA6E367A438D380A2C5E5E86352ED5DD_terseLabel_en-US" xlink:label="lab_bac_FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchase_FA6E367A438D380A2C5E5E86352ED5DD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Federal funds purchased and securities loaned or sold under agreements to repurchase (includes $34,235 and $37,424 measured at fair value) </link:label>
<link:label id="lab_bac_FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchase_FA6E367A438D380A2C5E5E86352ED5DD_label_en-US" xlink:label="lab_bac_FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchase_FA6E367A438D380A2C5E5E86352ED5DD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Federal Funds Purchased And Securities Loaned Or Sold Under Agreements To Repurchase </link:label>
<link:label id="lab_bac_FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchase_FA6E367A438D380A2C5E5E86352ED5DD_documentation_en-US" xlink:label="lab_bac_FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchase_FA6E367A438D380A2C5E5E86352ED5DD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> The amount shown on the books that a bank with insufficient reserves borrows, at the federal funds rate, from another bank to meet its reserve requirements and the amount of securities that an institution sells and agrees to repurchase at a specified date for a specified price, net of any reductions or offsets. In addition, includes the carrying value as of the balance sheet date of securities loaned to other broker dealers, typically used by such parties to cover short sales, secured by cash or other securities furnished by such parties until the borrowing is closed. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchase" xlink:label="loc_bac_FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchase_FA6E367A438D380A2C5E5E86352ED5DD" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchase_FA6E367A438D380A2C5E5E86352ED5DD" xlink:to="lab_bac_FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchase_FA6E367A438D380A2C5E5E86352ED5DD" xlink:type="arc"/>
<link:label id="lab_us-gaap_ShortTermBorrowings_EB0F23AAA0D39C40E5F5EC994696C0B8_verboseLabel_en-US" xlink:label="lab_us-gaap_ShortTermBorrowings_EB0F23AAA0D39C40E5F5EC994696C0B8" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Commercial paper and other short-term borrowings (includes $6,558 and $7,178 measured at fair value) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ShortTermBorrowings" xlink:label="loc_us-gaap_ShortTermBorrowings_EB0F23AAA0D39C40E5F5EC994696C0B8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShortTermBorrowings_EB0F23AAA0D39C40E5F5EC994696C0B8" xlink:to="lab_us-gaap_ShortTermBorrowings_EB0F23AAA0D39C40E5F5EC994696C0B8" xlink:type="arc"/>
<link:label id="lab_us-gaap_OtherAccruedLiabilitiesCurrentAndNoncurrent_D0EB879292F968A521D15E8A257C3595_terseLabel_en-US" xlink:label="lab_us-gaap_OtherAccruedLiabilitiesCurrentAndNoncurrent_D0EB879292F968A521D15E8A257C3595" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Accrued expenses and other liabilities (includes $15,743 and $33,229 measured at fair value and $714 and $1,188 of reserve for unfunded lending commitments) </link:label>
<link:label id="lab_us-gaap_OtherAccruedLiabilitiesCurrentAndNoncurrent_D0EB879292F968A521D15E8A257C3595_label_en-US" xlink:label="lab_us-gaap_OtherAccruedLiabilitiesCurrentAndNoncurrent_D0EB879292F968A521D15E8A257C3595" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Accrued Liabilities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_OtherAccruedLiabilitiesCurrentAndNoncurrent" xlink:label="loc_us-gaap_OtherAccruedLiabilitiesCurrentAndNoncurrent_D0EB879292F968A521D15E8A257C3595" xlink:type="locator"/>
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<link:label id="lab_us-gaap_OtherLiabilities_B6DB4D2FE0EDF24628895E9A745CA6BB_verboseLabel_en-US" xlink:label="lab_us-gaap_OtherLiabilities_B6DB4D2FE0EDF24628895E9A745CA6BB" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> All other liabilities (includes $225 and $382 of non-recourse liabilities) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_OtherLiabilities" xlink:label="loc_us-gaap_OtherLiabilities_B6DB4D2FE0EDF24628895E9A745CA6BB" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherLiabilities_B6DB4D2FE0EDF24628895E9A745CA6BB" xlink:to="lab_us-gaap_OtherLiabilities_B6DB4D2FE0EDF24628895E9A745CA6BB" xlink:type="arc"/>
<link:label id="lab_us-gaap_CommitmentsAndContingencies_9FC941DDE70A10257D815E8ACFAAD548_terseLabel_en-US" xlink:label="lab_us-gaap_CommitmentsAndContingencies_9FC941DDE70A10257D815E8ACFAAD548" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Commitments and contingencies (Note 8 – Securitizations and Other Variable Interest Entities, Note 9 – Representations and Warranties Obligations and Corporate Guarantees and Note 14 – Commitments and Contingencies) </link:label>
<link:label id="lab_us-gaap_CommitmentsAndContingencies_9FC941DDE70A10257D815E8ACFAAD548_label_en-US" xlink:label="lab_us-gaap_CommitmentsAndContingencies_9FC941DDE70A10257D815E8ACFAAD548" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Commitments and Contingencies </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CommitmentsAndContingencies" xlink:label="loc_us-gaap_CommitmentsAndContingencies_9FC941DDE70A10257D815E8ACFAAD548" xlink:type="locator"/>
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<link:label id="lab_us-gaap_StockholdersEquityAbstract_6D7DF0EA9903ABBBB6BB5E91F9D25541_terseLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquityAbstract_6D7DF0EA9903ABBBB6BB5E91F9D25541" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Shareholders’ equity </link:label>
<link:label id="lab_us-gaap_StockholdersEquityAbstract_6D7DF0EA9903ABBBB6BB5E91F9D25541_label_en-US" xlink:label="lab_us-gaap_StockholdersEquityAbstract_6D7DF0EA9903ABBBB6BB5E91F9D25541" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stockholders' Equity Attributable to Parent [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_StockholdersEquityAbstract" xlink:label="loc_us-gaap_StockholdersEquityAbstract_6D7DF0EA9903ABBBB6BB5E91F9D25541" xlink:type="locator"/>
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<link:label id="lab_us-gaap_PreferredStockIncludingAdditionalPaidInCapitalNetOfDiscount_EA9BC1F354A15FD060155E8DE9D09571_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockIncludingAdditionalPaidInCapitalNetOfDiscount_EA9BC1F354A15FD060155E8DE9D09571" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Preferred stock, $0.01 par value; authorized – 100,000,000 shares; issued and outstanding – 3,689,084 and 3,943,660 shares </link:label>
<link:label id="lab_us-gaap_PreferredStockIncludingAdditionalPaidInCapitalNetOfDiscount_EA9BC1F354A15FD060155E8DE9D09571_label_en-US" xlink:label="lab_us-gaap_PreferredStockIncludingAdditionalPaidInCapitalNetOfDiscount_EA9BC1F354A15FD060155E8DE9D09571" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Preferred Stock, Including Additional Paid in Capital, Net of Discount </link:label>
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<link:label id="lab_us-gaap_CommonStockIncludingAdditionalPaidInCapitalNetOfDiscount_DFC621740E29B0AF41B15E8F62758730_verboseLabel_en-US" xlink:label="lab_us-gaap_CommonStockIncludingAdditionalPaidInCapitalNetOfDiscount_DFC621740E29B0AF41B15E8F62758730" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Common stock and additional paid-in capital, $0.01 par value; authorized – 12,800,000,000 shares; issued and outstanding – 10,535,937,957 and 10,085,154,806 shares </link:label>
<link:label id="lab_us-gaap_CommonStockIncludingAdditionalPaidInCapitalNetOfDiscount_DFC621740E29B0AF41B15E8F62758730_label_en-US" xlink:label="lab_us-gaap_CommonStockIncludingAdditionalPaidInCapitalNetOfDiscount_DFC621740E29B0AF41B15E8F62758730" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Common Stock, Including Additional Paid in Capital, Net of Discount </link:label>
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<link:label id="lab_us-gaap_RetainedEarningsAccumulatedDeficit_BC2AA3066813EE046E065E8FB81C15F5_terseLabel_en-US" xlink:label="lab_us-gaap_RetainedEarningsAccumulatedDeficit_BC2AA3066813EE046E065E8FB81C15F5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Retained earnings </link:label>
<link:label id="lab_us-gaap_RetainedEarningsAccumulatedDeficit_BC2AA3066813EE046E065E8FB81C15F5_label_en-US" xlink:label="lab_us-gaap_RetainedEarningsAccumulatedDeficit_BC2AA3066813EE046E065E8FB81C15F5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Retained Earnings (Accumulated Deficit) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_RetainedEarningsAccumulatedDeficit" xlink:label="loc_us-gaap_RetainedEarningsAccumulatedDeficit_BC2AA3066813EE046E065E8FB81C15F5" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_14E6B98A85F3D8A2B7525E968F7495B2_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_14E6B98A85F3D8A2B7525E968F7495B2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Accumulated other comprehensive income (loss) </link:label>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_14E6B98A85F3D8A2B7525E968F7495B2" xlink:type="locator"/>
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<link:label id="lab_bac_OtherEquity_30A7FE9C37F9A98200AE5E972DEEBB54_terseLabel_en-US" xlink:label="lab_bac_OtherEquity_30A7FE9C37F9A98200AE5E972DEEBB54" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other </link:label>
<link:label id="lab_bac_OtherEquity_30A7FE9C37F9A98200AE5E972DEEBB54_label_en-US" xlink:label="lab_bac_OtherEquity_30A7FE9C37F9A98200AE5E972DEEBB54" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Equity </link:label>
<link:label id="lab_bac_OtherEquity_30A7FE9C37F9A98200AE5E972DEEBB54_documentation_en-US" xlink:label="lab_bac_OtherEquity_30A7FE9C37F9A98200AE5E972DEEBB54" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Equity not otherwise defined. Includes deferred compensation for the issuance of common stock issued for the restricted stock awards. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_OtherEquity" xlink:label="loc_bac_OtherEquity_30A7FE9C37F9A98200AE5E972DEEBB54" xlink:type="locator"/>
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<link:label id="lab_us-gaap_StockholdersEquity_F46FAC7A6599C4EF246B5E976DDACD8C_totalLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquity_F46FAC7A6599C4EF246B5E976DDACD8C" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total shareholders’ equity </link:label>
<link:label id="lab_us-gaap_StockholdersEquity_F46FAC7A6599C4EF246B5E976DDACD8C_label_en-US" xlink:label="lab_us-gaap_StockholdersEquity_F46FAC7A6599C4EF246B5E976DDACD8C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stockholders' Equity Attributable to Parent </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="loc_us-gaap_StockholdersEquity_F46FAC7A6599C4EF246B5E976DDACD8C" xlink:type="locator"/>
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<link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquity_DAE6CA1FA3CC433AC3155E979A459721_totalLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquity_DAE6CA1FA3CC433AC3155E979A459721" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total liabilities and shareholders’ equity </link:label>
<link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquity_DAE6CA1FA3CC433AC3155E979A459721_label_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquity_DAE6CA1FA3CC433AC3155E979A459721" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Liabilities and Equity </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="loc_us-gaap_LiabilitiesAndStockholdersEquity_DAE6CA1FA3CC433AC3155E979A459721" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquity_DAE6CA1FA3CC433AC3155E979A459721" xlink:to="lab_us-gaap_LiabilitiesAndStockholdersEquity_DAE6CA1FA3CC433AC3155E979A459721" xlink:type="arc"/>
<link:label id="lab_us-gaap_ScheduleOfStockByClassTable_4550EE5ED97FE068B657F75EC460B50B_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfStockByClassTable_4550EE5ED97FE068B657F75EC460B50B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Stock by Class [Table] </link:label>
<link:label id="lab_us-gaap_ScheduleOfStockByClassTable_4550EE5ED97FE068B657F75EC460B50B_label_en-US" xlink:label="lab_us-gaap_ScheduleOfStockByClassTable_4550EE5ED97FE068B657F75EC460B50B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Stock by Class [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ScheduleOfStockByClassTable" xlink:label="loc_us-gaap_ScheduleOfStockByClassTable_4550EE5ED97FE068B657F75EC460B50B" xlink:type="locator"/>
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<link:label id="lab_us-gaap_InstrumentAxis_36F1632C8BE0CCBFCF51F77551A7D326_label_en-US" xlink:label="lab_us-gaap_InstrumentAxis_36F1632C8BE0CCBFCF51F77551A7D326" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Instrument [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_InstrumentAxis" xlink:label="loc_us-gaap_InstrumentAxis_36F1632C8BE0CCBFCF51F77551A7D326" xlink:type="locator"/>
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<link:label id="lab_us-gaap_InstrumentTypeMember_CEFEB58FDFCC1AB88174F77552213E22_label_en-US" xlink:label="lab_us-gaap_InstrumentTypeMember_CEFEB58FDFCC1AB88174F77552213E22" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Instrument Type [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_InstrumentTypeMember" xlink:label="loc_us-gaap_InstrumentTypeMember_CEFEB58FDFCC1AB88174F77552213E22" xlink:type="locator"/>
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<link:label id="lab_bac_NegotiatedExchangeMember_B0C848A3D192CD3C53EAF776404EBE0F_label_en-US" xlink:label="lab_bac_NegotiatedExchangeMember_B0C848A3D192CD3C53EAF776404EBE0F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Negotiated Exchange [Member] </link:label>
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<link:label id="lab_bac_ExchangeOfferMember_8CC0BB03F083E31F5B31F7A84B17E8BB_label_en-US" xlink:label="lab_bac_ExchangeOfferMember_8CC0BB03F083E31F5B31F7A84B17E8BB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Exchange Offer [Member] </link:label>
<link:label id="lab_bac_ExchangeOfferMember_8CC0BB03F083E31F5B31F7A84B17E8BB_documentation_en-US" xlink:label="lab_bac_ExchangeOfferMember_8CC0BB03F083E31F5B31F7A84B17E8BB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Exchange Offer [Member] </link:label>
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<link:label id="lab_us-gaap_StatementClassOfStockAxis_DC9D5CD8521C8467FA56F75EC461395F_terseLabel_en-US" xlink:label="lab_us-gaap_StatementClassOfStockAxis_DC9D5CD8521C8467FA56F75EC461395F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Class of Stock [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_StatementClassOfStockAxis" xlink:label="loc_us-gaap_StatementClassOfStockAxis_DC9D5CD8521C8467FA56F75EC461395F" xlink:type="locator"/>
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<link:label id="lab_bac_SeriesJPreferredStockMember_9786ACD68B11E2CADB449A8B98A576E6_terseLabel_en-US" xlink:label="lab_bac_SeriesJPreferredStockMember_9786ACD68B11E2CADB449A8B98A576E6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Series J Preferred Stock [Member] </link:label>
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<link:label id="lab_bac_Series5PreferredStockMember_D2D7E12077C8C8D11F739A8DA6B6300A_terseLabel_en-US" xlink:label="lab_bac_Series5PreferredStockMember_D2D7E12077C8C8D11F739A8DA6B6300A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Series 5 Preferred Stock [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_Series5PreferredStockMember" xlink:label="loc_bac_Series5PreferredStockMember_D2D7E12077C8C8D11F739A8DA6B6300A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_Series5PreferredStockMember_D2D7E12077C8C8D11F739A8DA6B6300A" xlink:to="lab_bac_Series5PreferredStockMember_D2D7E12077C8C8D11F739A8DA6B6300A" xlink:type="arc"/>
<link:label id="lab_bac_Series6PreferredStockMember_419469C5D9483390EAB89A8DCB89D573_terseLabel_en-US" xlink:label="lab_bac_Series6PreferredStockMember_419469C5D9483390EAB89A8DCB89D573" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Series 6 Preferred Stock [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_Series6PreferredStockMember" xlink:label="loc_bac_Series6PreferredStockMember_419469C5D9483390EAB89A8DCB89D573" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_Series6PreferredStockMember_419469C5D9483390EAB89A8DCB89D573" xlink:to="lab_bac_Series6PreferredStockMember_419469C5D9483390EAB89A8DCB89D573" xlink:type="arc"/>
<link:label id="lab_bac_NonConvertiblePreferredStockMember_D41C05D153E0D5110AD49A8E69E279A7_terseLabel_en-US" xlink:label="lab_bac_NonConvertiblePreferredStockMember_D41C05D153E0D5110AD49A8E69E279A7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Non-Convertible Preferred Stock [Member] </link:label>
<link:label id="lab_bac_NonConvertiblePreferredStockMember_D41C05D153E0D5110AD49A8E69E279A7_label_en-US" xlink:label="lab_bac_NonConvertiblePreferredStockMember_D41C05D153E0D5110AD49A8E69E279A7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Non-Convertible Preferred Stock [Member] </link:label>
<link:label id="lab_bac_NonConvertiblePreferredStockMember_D41C05D153E0D5110AD49A8E69E279A7_documentation_en-US" xlink:label="lab_bac_NonConvertiblePreferredStockMember_D41C05D153E0D5110AD49A8E69E279A7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Non-Convertible Preferred Stock [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_NonConvertiblePreferredStockMember" xlink:label="loc_bac_NonConvertiblePreferredStockMember_D41C05D153E0D5110AD49A8E69E279A7" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_NonConvertiblePreferredStockMember_D41C05D153E0D5110AD49A8E69E279A7" xlink:to="lab_bac_NonConvertiblePreferredStockMember_D41C05D153E0D5110AD49A8E69E279A7" xlink:type="arc"/>
<link:label id="lab_us-gaap_PreferredStockMember_DBA9443478EDB9B01BF5F7A157BE5190_label_en-US" xlink:label="lab_us-gaap_PreferredStockMember_DBA9443478EDB9B01BF5F7A157BE5190" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Preferred Stock [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_PreferredStockMember" xlink:label="loc_us-gaap_PreferredStockMember_DBA9443478EDB9B01BF5F7A157BE5190" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockMember_DBA9443478EDB9B01BF5F7A157BE5190" xlink:to="lab_us-gaap_PreferredStockMember_DBA9443478EDB9B01BF5F7A157BE5190" xlink:type="arc"/>
<link:label id="lab_bac_PreferredHybridIncomeTrustSecuritiesMember_56A0599A6C177084C47EF7A78211B33A_label_en-US" xlink:label="lab_bac_PreferredHybridIncomeTrustSecuritiesMember_56A0599A6C177084C47EF7A78211B33A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Preferred Hybrid Income Trust Securities [Member] </link:label>
<link:label id="lab_bac_PreferredHybridIncomeTrustSecuritiesMember_56A0599A6C177084C47EF7A78211B33A_documentation_en-US" xlink:label="lab_bac_PreferredHybridIncomeTrustSecuritiesMember_56A0599A6C177084C47EF7A78211B33A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Preferred Hybrid Income Trust Securities [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PreferredHybridIncomeTrustSecuritiesMember" xlink:label="loc_bac_PreferredHybridIncomeTrustSecuritiesMember_56A0599A6C177084C47EF7A78211B33A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_PreferredHybridIncomeTrustSecuritiesMember_56A0599A6C177084C47EF7A78211B33A" xlink:to="lab_bac_PreferredHybridIncomeTrustSecuritiesMember_56A0599A6C177084C47EF7A78211B33A" xlink:type="arc"/>
<link:label id="lab_us-gaap_ClassOfStockLineItems_C3883BB259E4448FEFB5F75EC4610A0D_terseLabel_en-US" xlink:label="lab_us-gaap_ClassOfStockLineItems_C3883BB259E4448FEFB5F75EC4610A0D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Class of Stock [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="loc_us-gaap_ClassOfStockLineItems_C3883BB259E4448FEFB5F75EC4610A0D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ClassOfStockLineItems_C3883BB259E4448FEFB5F75EC4610A0D" xlink:to="lab_us-gaap_ClassOfStockLineItems_C3883BB259E4448FEFB5F75EC4610A0D" xlink:type="arc"/>
<link:label id="lab_bac_PreferredSharesExchanged_6B8F7EFBBF242536374BF92B9F6AABDD_terseLabel_en-US" xlink:label="lab_bac_PreferredSharesExchanged_6B8F7EFBBF242536374BF92B9F6AABDD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Preferred Shares Exchanged </link:label>
<link:label id="lab_bac_PreferredSharesExchanged_6B8F7EFBBF242536374BF92B9F6AABDD_label_en-US" xlink:label="lab_bac_PreferredSharesExchanged_6B8F7EFBBF242536374BF92B9F6AABDD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Preferred Shares Exchanged </link:label>
<link:label id="lab_bac_PreferredSharesExchanged_6B8F7EFBBF242536374BF92B9F6AABDD_documentation_en-US" xlink:label="lab_bac_PreferredSharesExchanged_6B8F7EFBBF242536374BF92B9F6AABDD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Preferred Shares Exchanged </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PreferredSharesExchanged" xlink:label="loc_bac_PreferredSharesExchanged_6B8F7EFBBF242536374BF92B9F6AABDD" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_PreferredSharesExchanged_6B8F7EFBBF242536374BF92B9F6AABDD" xlink:to="lab_bac_PreferredSharesExchanged_6B8F7EFBBF242536374BF92B9F6AABDD" xlink:type="arc"/>
<link:label id="lab_bac_PreferredShareExchangedLiquidationValue_DE96B640C729F64DCCAB9A91400E9B8B_terseLabel_en-US" xlink:label="lab_bac_PreferredShareExchangedLiquidationValue_DE96B640C729F64DCCAB9A91400E9B8B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Liquidation Value </link:label>
<link:label id="lab_bac_PreferredShareExchangedLiquidationValue_DE96B640C729F64DCCAB9A91400E9B8B_label_en-US" xlink:label="lab_bac_PreferredShareExchangedLiquidationValue_DE96B640C729F64DCCAB9A91400E9B8B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Preferred Share Exchanged Liquidation Value </link:label>
<link:label id="lab_bac_PreferredShareExchangedLiquidationValue_DE96B640C729F64DCCAB9A91400E9B8B_documentation_en-US" xlink:label="lab_bac_PreferredShareExchangedLiquidationValue_DE96B640C729F64DCCAB9A91400E9B8B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Preferred Share Exchanged Liquidation Value </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PreferredShareExchangedLiquidationValue" xlink:label="loc_bac_PreferredShareExchangedLiquidationValue_DE96B640C729F64DCCAB9A91400E9B8B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_PreferredShareExchangedLiquidationValue_DE96B640C729F64DCCAB9A91400E9B8B" xlink:to="lab_bac_PreferredShareExchangedLiquidationValue_DE96B640C729F64DCCAB9A91400E9B8B" xlink:type="arc"/>
<link:label id="lab_bac_PreferredShareExchangedCarryingValue_4BD66E75BF0979155959F76487DD5DF7_terseLabel_en-US" xlink:label="lab_bac_PreferredShareExchangedCarryingValue_4BD66E75BF0979155959F76487DD5DF7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Preferred Share Exchanged Carrying Value </link:label>
<link:label id="lab_bac_PreferredShareExchangedCarryingValue_4BD66E75BF0979155959F76487DD5DF7_label_en-US" xlink:label="lab_bac_PreferredShareExchangedCarryingValue_4BD66E75BF0979155959F76487DD5DF7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Preferred Share Exchanged Carrying Value </link:label>
<link:label id="lab_bac_PreferredShareExchangedCarryingValue_4BD66E75BF0979155959F76487DD5DF7_documentation_en-US" xlink:label="lab_bac_PreferredShareExchangedCarryingValue_4BD66E75BF0979155959F76487DD5DF7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents carrying value of preferred shares exchanged. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PreferredShareExchangedCarryingValue" xlink:label="loc_bac_PreferredShareExchangedCarryingValue_4BD66E75BF0979155959F76487DD5DF7" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_PreferredShareExchangedCarryingValue_4BD66E75BF0979155959F76487DD5DF7" xlink:to="lab_bac_PreferredShareExchangedCarryingValue_4BD66E75BF0979155959F76487DD5DF7" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValueMeasurementsRecurringMember_9057C67C01ABCC3B23CB8D44CE655CF7_verboseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementsRecurringMember_9057C67C01ABCC3B23CB8D44CE655CF7" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, Measurements, Recurring [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FairValueMeasurementsRecurringMember" xlink:label="loc_us-gaap_FairValueMeasurementsRecurringMember_9057C67C01ABCC3B23CB8D44CE655CF7" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueMeasurementsRecurringMember_9057C67C01ABCC3B23CB8D44CE655CF7" xlink:to="lab_us-gaap_FairValueMeasurementsRecurringMember_9057C67C01ABCC3B23CB8D44CE655CF7" xlink:type="arc"/>
<link:label id="lab_us-gaap_AvailableforsaleSecuritiesMember_B19478C31F82AA82BAE69387B0712629_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableforsaleSecuritiesMember_B19478C31F82AA82BAE69387B0712629" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Available-for-sale Securities [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AvailableforsaleSecuritiesMember" xlink:label="loc_us-gaap_AvailableforsaleSecuritiesMember_B19478C31F82AA82BAE69387B0712629" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableforsaleSecuritiesMember_B19478C31F82AA82BAE69387B0712629" xlink:to="lab_us-gaap_AvailableforsaleSecuritiesMember_B19478C31F82AA82BAE69387B0712629" xlink:type="arc"/>
<link:label id="lab_bac_LoansAndLeasesMember_0E8DC0F3D9BBB2B869EE8D44CE667FDC_terseLabel_en-US" xlink:label="lab_bac_LoansAndLeasesMember_0E8DC0F3D9BBB2B869EE8D44CE667FDC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loans and leases [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_LoansAndLeasesMember" xlink:label="loc_bac_LoansAndLeasesMember_0E8DC0F3D9BBB2B869EE8D44CE667FDC" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_LoansAndLeasesMember_0E8DC0F3D9BBB2B869EE8D44CE667FDC" xlink:to="lab_bac_LoansAndLeasesMember_0E8DC0F3D9BBB2B869EE8D44CE667FDC" xlink:type="arc"/>
<link:label id="lab_bac_AvailableForSaleDebtSecuritiesMember_0CAC2EFD185C45801D278D44CE6683A8_verboseLabel_en-US" xlink:label="lab_bac_AvailableForSaleDebtSecuritiesMember_0CAC2EFD185C45801D278D44CE6683A8" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> AFS debt securities [Member] </link:label>
<link:label id="lab_bac_AvailableForSaleDebtSecuritiesMember_0CAC2EFD185C45801D278D44CE6683A8_label_en-US" xlink:label="lab_bac_AvailableForSaleDebtSecuritiesMember_0CAC2EFD185C45801D278D44CE6683A8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Available For Sale Debt Securities [Member] </link:label>
<link:label id="lab_bac_AvailableForSaleDebtSecuritiesMember_0CAC2EFD185C45801D278D44CE6683A8_documentation_en-US" xlink:label="lab_bac_AvailableForSaleDebtSecuritiesMember_0CAC2EFD185C45801D278D44CE6683A8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Available for sale debt securities. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_AvailableForSaleDebtSecuritiesMember" xlink:label="loc_bac_AvailableForSaleDebtSecuritiesMember_0CAC2EFD185C45801D278D44CE6683A8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_AvailableForSaleDebtSecuritiesMember_0CAC2EFD185C45801D278D44CE6683A8" xlink:to="lab_bac_AvailableForSaleDebtSecuritiesMember_0CAC2EFD185C45801D278D44CE6683A8" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeFinancialInstrumentsLiabilitiesFairValueDisclosure_08B4F099A770D283EAFA8D44CE66D41D_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeFinancialInstrumentsLiabilitiesFairValueDisclosure_08B4F099A770D283EAFA8D44CE66D41D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative liabilities included in net derivatives </link:label>
<link:label id="lab_us-gaap_DerivativeFinancialInstrumentsLiabilitiesFairValueDisclosure_08B4F099A770D283EAFA8D44CE66D41D_label_en-US" xlink:label="lab_us-gaap_DerivativeFinancialInstrumentsLiabilitiesFairValueDisclosure_08B4F099A770D283EAFA8D44CE66D41D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Financial Instruments, Liabilities, Fair Value Disclosure </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DerivativeFinancialInstrumentsLiabilitiesFairValueDisclosure" xlink:label="loc_us-gaap_DerivativeFinancialInstrumentsLiabilitiesFairValueDisclosure_08B4F099A770D283EAFA8D44CE66D41D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeFinancialInstrumentsLiabilitiesFairValueDisclosure_08B4F099A770D283EAFA8D44CE66D41D" xlink:to="lab_us-gaap_DerivativeFinancialInstrumentsLiabilitiesFairValueDisclosure_08B4F099A770D283EAFA8D44CE66D41D" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3_1B2B50F02BD1F0BF67568D44CE66871F_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3_1B2B50F02BD1F0BF67568D44CE66871F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> More significant transfers into Level 3 </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3" xlink:label="loc_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3_1B2B50F02BD1F0BF67568D44CE66871F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3_1B2B50F02BD1F0BF67568D44CE66871F" xlink:to="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3_1B2B50F02BD1F0BF67568D44CE66871F" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3_51D9BE58C36153E144D78D44CE663BBE_verboseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3_51D9BE58C36153E144D78D44CE663BBE" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Gross Transfers into Level 3 </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3" xlink:label="loc_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3_51D9BE58C36153E144D78D44CE663BBE" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3_51D9BE58C36153E144D78D44CE663BBE" xlink:to="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3_51D9BE58C36153E144D78D44CE663BBE" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3_F75CE1272F29697742078D44CE66977D_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3_F75CE1272F29697742078D44CE66977D" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> More significant transfers out of Level 3 </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3" xlink:label="loc_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3_F75CE1272F29697742078D44CE66977D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3_F75CE1272F29697742078D44CE66977D" xlink:to="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3_F75CE1272F29697742078D44CE66977D" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3_3B72A5D3CEFB48B38AA18D44CE66715C_verboseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3_3B72A5D3CEFB48B38AA18D44CE66715C" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Gross Transfers out of Level 3 </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3" xlink:label="loc_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3_3B72A5D3CEFB48B38AA18D44CE66715C" xlink:type="locator"/>
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<link:label id="lab_bac_CreditValuationGainsLossesForCounterpartyCreditRiskRelatedToDerivativeAssets_E0976DB818A0A6330DBFAFF1A260F05D_terseLabel_en-US" xlink:label="lab_bac_CreditValuationGainsLossesForCounterpartyCreditRiskRelatedToDerivativeAssets_E0976DB818A0A6330DBFAFF1A260F05D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Credit Valuation Gains (Losses) For Counterparty Credit Risk Related To Derivative Assets </link:label>
<link:label id="lab_bac_CreditValuationGainsLossesForCounterpartyCreditRiskRelatedToDerivativeAssets_E0976DB818A0A6330DBFAFF1A260F05D_label_en-US" xlink:label="lab_bac_CreditValuationGainsLossesForCounterpartyCreditRiskRelatedToDerivativeAssets_E0976DB818A0A6330DBFAFF1A260F05D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Credit Valuation Gains (Losses) For Counterparty Credit Risk Related To Derivative Assets </link:label>
<link:label id="lab_bac_CreditValuationGainsLossesForCounterpartyCreditRiskRelatedToDerivativeAssets_E0976DB818A0A6330DBFAFF1A260F05D_documentation_en-US" xlink:label="lab_bac_CreditValuationGainsLossesForCounterpartyCreditRiskRelatedToDerivativeAssets_E0976DB818A0A6330DBFAFF1A260F05D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Counterparty credit risk valuation adjustments on derivative assets recorded to properly reflect the credit quality of the counterparty. Adjustments are necessary as the market quotes on derivatives do not fully reflect the credit risk of the counterparties to the derivative assets. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CreditValuationGainsLossesForCounterpartyCreditRiskRelatedToDerivativeAssets" xlink:label="loc_bac_CreditValuationGainsLossesForCounterpartyCreditRiskRelatedToDerivativeAssets_E0976DB818A0A6330DBFAFF1A260F05D" xlink:type="locator"/>
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<link:label id="lab_bac_CreditValuationGainsLossesNetOfHedgesRecognizedInTradingAccountProfitsForCounterpartyCreditRisk_4DA74ACE271F1CC00065AFF1A26A39F6_terseLabel_en-US" xlink:label="lab_bac_CreditValuationGainsLossesNetOfHedgesRecognizedInTradingAccountProfitsForCounterpartyCreditRisk_4DA74ACE271F1CC00065AFF1A26A39F6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Credit Valuation Gains Losses Net Of Hedges Recognized In Trading Account Profits For Counterparty Credit Risk </link:label>
<link:label id="lab_bac_CreditValuationGainsLossesNetOfHedgesRecognizedInTradingAccountProfitsForCounterpartyCreditRisk_4DA74ACE271F1CC00065AFF1A26A39F6_label_en-US" xlink:label="lab_bac_CreditValuationGainsLossesNetOfHedgesRecognizedInTradingAccountProfitsForCounterpartyCreditRisk_4DA74ACE271F1CC00065AFF1A26A39F6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Credit Valuation Gains Losses Net Of Hedges Recognized In Trading Account Profits For Counterparty Credit Risk </link:label>
<link:label id="lab_bac_CreditValuationGainsLossesNetOfHedgesRecognizedInTradingAccountProfitsForCounterpartyCreditRisk_4DA74ACE271F1CC00065AFF1A26A39F6_documentation_en-US" xlink:label="lab_bac_CreditValuationGainsLossesNetOfHedgesRecognizedInTradingAccountProfitsForCounterpartyCreditRisk_4DA74ACE271F1CC00065AFF1A26A39F6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Credit valuation gains (losses), net of hedges, recognized in trading account profits for counterparty credit risk. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CreditValuationGainsLossesNetOfHedgesRecognizedInTradingAccountProfitsForCounterpartyCreditRisk" xlink:label="loc_bac_CreditValuationGainsLossesNetOfHedgesRecognizedInTradingAccountProfitsForCounterpartyCreditRisk_4DA74ACE271F1CC00065AFF1A26A39F6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CreditValuationGainsLossesNetOfHedgesRecognizedInTradingAccountProfitsForCounterpartyCreditRisk_4DA74ACE271F1CC00065AFF1A26A39F6" xlink:to="lab_bac_CreditValuationGainsLossesNetOfHedgesRecognizedInTradingAccountProfitsForCounterpartyCreditRisk_4DA74ACE271F1CC00065AFF1A26A39F6" xlink:type="arc"/>
<link:label id="lab_bac_DecreaseInDerivativeAssetValueRelatedToCumulativeCounterpartyCreditRiskValuation_FDD9A8A56581D9BCC50FAFF35EBEC15A_terseLabel_en-US" xlink:label="lab_bac_DecreaseInDerivativeAssetValueRelatedToCumulativeCounterpartyCreditRiskValuation_FDD9A8A56581D9BCC50FAFF35EBEC15A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Decrease in Derivative Asset Value Related to Cumulative Counterparty Credit Risk Valuation </link:label>
<link:label id="lab_bac_DecreaseInDerivativeAssetValueRelatedToCumulativeCounterpartyCreditRiskValuation_FDD9A8A56581D9BCC50FAFF35EBEC15A_label_en-US" xlink:label="lab_bac_DecreaseInDerivativeAssetValueRelatedToCumulativeCounterpartyCreditRiskValuation_FDD9A8A56581D9BCC50FAFF35EBEC15A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Decrease in Derivative Asset Value Related to Cumulative Counterparty Credit Risk Valuation </link:label>
<link:label id="lab_bac_DecreaseInDerivativeAssetValueRelatedToCumulativeCounterpartyCreditRiskValuation_FDD9A8A56581D9BCC50FAFF35EBEC15A_documentation_en-US" xlink:label="lab_bac_DecreaseInDerivativeAssetValueRelatedToCumulativeCounterpartyCreditRiskValuation_FDD9A8A56581D9BCC50FAFF35EBEC15A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Total credit risk valuation adjustment included in the derivative asset balance. Counterparty credit risk valuation adjustments on derivative assets are recorded to properly reflect the credit quality of the counterparty. Adjustments are necessary as the market quotes on derivatives do not fully reflect the credit risk of the counterparties to the derivative assets. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_DecreaseInDerivativeAssetValueRelatedToCumulativeCounterpartyCreditRiskValuation" xlink:label="loc_bac_DecreaseInDerivativeAssetValueRelatedToCumulativeCounterpartyCreditRiskValuation_FDD9A8A56581D9BCC50FAFF35EBEC15A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_DecreaseInDerivativeAssetValueRelatedToCumulativeCounterpartyCreditRiskValuation_FDD9A8A56581D9BCC50FAFF35EBEC15A" xlink:to="lab_bac_DecreaseInDerivativeAssetValueRelatedToCumulativeCounterpartyCreditRiskValuation_FDD9A8A56581D9BCC50FAFF35EBEC15A" xlink:type="arc"/>
<link:label id="lab_bac_CreditValuationGainLossRecognizedInTradingAccountProfitLossRelatedToChangesInEntityCreditQuality_4911EB13390761F32A1EAFFC8496CDA5_terseLabel_en-US" xlink:label="lab_bac_CreditValuationGainLossRecognizedInTradingAccountProfitLossRelatedToChangesInEntityCreditQuality_4911EB13390761F32A1EAFFC8496CDA5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Credit Valuation Gain (Loss) Recognized In Trading Account Profit (Loss) Related to Changes in the Entity's Credit Quality </link:label>
<link:label id="lab_bac_CreditValuationGainLossRecognizedInTradingAccountProfitLossRelatedToChangesInEntityCreditQuality_4911EB13390761F32A1EAFFC8496CDA5_label_en-US" xlink:label="lab_bac_CreditValuationGainLossRecognizedInTradingAccountProfitLossRelatedToChangesInEntityCreditQuality_4911EB13390761F32A1EAFFC8496CDA5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Credit Valuation Gain (Loss) Recognized In Trading Account Profit (Loss) Related to Changes in the Entity Credit Quality </link:label>
<link:label id="lab_bac_CreditValuationGainLossRecognizedInTradingAccountProfitLossRelatedToChangesInEntityCreditQuality_4911EB13390761F32A1EAFFC8496CDA5_documentation_en-US" xlink:label="lab_bac_CreditValuationGainLossRecognizedInTradingAccountProfitLossRelatedToChangesInEntityCreditQuality_4911EB13390761F32A1EAFFC8496CDA5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> The impact of the Corporation's own credit quality on the fair value of derivative liabilities. Credit valuation gains (losses) are recognized in trading account profits (losses). </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CreditValuationGainLossRecognizedInTradingAccountProfitLossRelatedToChangesInEntityCreditQuality" xlink:label="loc_bac_CreditValuationGainLossRecognizedInTradingAccountProfitLossRelatedToChangesInEntityCreditQuality_4911EB13390761F32A1EAFFC8496CDA5" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CreditValuationGainLossRecognizedInTradingAccountProfitLossRelatedToChangesInEntityCreditQuality_4911EB13390761F32A1EAFFC8496CDA5" xlink:to="lab_bac_CreditValuationGainLossRecognizedInTradingAccountProfitLossRelatedToChangesInEntityCreditQuality_4911EB13390761F32A1EAFFC8496CDA5" xlink:type="arc"/>
<link:label id="lab_bac_CreditValuationGainLossRecognizedInTradingAccountProfitLossRelatedToChangesInEntityCreditQualityNetOfHedge_90230D0D98A593A87F41B0DBE82A00B5_terseLabel_en-US" xlink:label="lab_bac_CreditValuationGainLossRecognizedInTradingAccountProfitLossRelatedToChangesInEntityCreditQualityNetOfHedge_90230D0D98A593A87F41B0DBE82A00B5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Credit Valuation Gain (Loss) Recognized In Trading Account Profit (Loss) Related to Changes in the Entity Credit Quality, Net of Hedge </link:label>
<link:label id="lab_bac_CreditValuationGainLossRecognizedInTradingAccountProfitLossRelatedToChangesInEntityCreditQualityNetOfHedge_90230D0D98A593A87F41B0DBE82A00B5_label_en-US" xlink:label="lab_bac_CreditValuationGainLossRecognizedInTradingAccountProfitLossRelatedToChangesInEntityCreditQualityNetOfHedge_90230D0D98A593A87F41B0DBE82A00B5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Credit Valuation Gain (Loss) Recognized In Trading Account Profit (Loss) Related to Changes in the Entity Credit Quality, Net of Hedge </link:label>
<link:label id="lab_bac_CreditValuationGainLossRecognizedInTradingAccountProfitLossRelatedToChangesInEntityCreditQualityNetOfHedge_90230D0D98A593A87F41B0DBE82A00B5_documentation_en-US" xlink:label="lab_bac_CreditValuationGainLossRecognizedInTradingAccountProfitLossRelatedToChangesInEntityCreditQualityNetOfHedge_90230D0D98A593A87F41B0DBE82A00B5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Credit valuation gains (losses), net of hedges, recognized in trading account profits (losses). </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CreditValuationGainLossRecognizedInTradingAccountProfitLossRelatedToChangesInEntityCreditQualityNetOfHedge" xlink:label="loc_bac_CreditValuationGainLossRecognizedInTradingAccountProfitLossRelatedToChangesInEntityCreditQualityNetOfHedge_90230D0D98A593A87F41B0DBE82A00B5" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CreditValuationGainLossRecognizedInTradingAccountProfitLossRelatedToChangesInEntityCreditQualityNetOfHedge_90230D0D98A593A87F41B0DBE82A00B5" xlink:to="lab_bac_CreditValuationGainLossRecognizedInTradingAccountProfitLossRelatedToChangesInEntityCreditQualityNetOfHedge_90230D0D98A593A87F41B0DBE82A00B5" xlink:type="arc"/>
<link:label id="lab_bac_DecreaseInDerivativeLiabilityValueRelatedToCumulativeCounterpartyCreditRiskValuation_FA9E891F5A7FFBE98269B0E2C4A92E07_terseLabel_en-US" xlink:label="lab_bac_DecreaseInDerivativeLiabilityValueRelatedToCumulativeCounterpartyCreditRiskValuation_FA9E891F5A7FFBE98269B0E2C4A92E07" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Decrease in Derivative Liability Value Related to Cumulative Counterparty Credit Risk Valuation </link:label>
<link:label id="lab_bac_DecreaseInDerivativeLiabilityValueRelatedToCumulativeCounterpartyCreditRiskValuation_FA9E891F5A7FFBE98269B0E2C4A92E07_label_en-US" xlink:label="lab_bac_DecreaseInDerivativeLiabilityValueRelatedToCumulativeCounterpartyCreditRiskValuation_FA9E891F5A7FFBE98269B0E2C4A92E07" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Decrease in Derivative Liability Value Related to Cumulative Counterparty Credit Risk Valuation </link:label>
<link:label id="lab_bac_DecreaseInDerivativeLiabilityValueRelatedToCumulativeCounterpartyCreditRiskValuation_FA9E891F5A7FFBE98269B0E2C4A92E07_documentation_en-US" xlink:label="lab_bac_DecreaseInDerivativeLiabilityValueRelatedToCumulativeCounterpartyCreditRiskValuation_FA9E891F5A7FFBE98269B0E2C4A92E07" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Total cumulative credit risk valuation adjustment included in the derivatives liabilities balance related to the impact of the company's own credit quality. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_DecreaseInDerivativeLiabilityValueRelatedToCumulativeCounterpartyCreditRiskValuation" xlink:label="loc_bac_DecreaseInDerivativeLiabilityValueRelatedToCumulativeCounterpartyCreditRiskValuation_FA9E891F5A7FFBE98269B0E2C4A92E07" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_DecreaseInDerivativeLiabilityValueRelatedToCumulativeCounterpartyCreditRiskValuation_FA9E891F5A7FFBE98269B0E2C4A92E07" xlink:to="lab_bac_DecreaseInDerivativeLiabilityValueRelatedToCumulativeCounterpartyCreditRiskValuation_FA9E891F5A7FFBE98269B0E2C4A92E07" xlink:type="arc"/>
<link:label id="lab_bac_GainLossOnDerivativeInstrumentInterestRateLockCommitmentsOnLoansHeldForSale_E891CA365A217D673F37A33DBC3D73DE_terseLabel_en-US" xlink:label="lab_bac_GainLossOnDerivativeInstrumentInterestRateLockCommitmentsOnLoansHeldForSale_E891CA365A217D673F37A33DBC3D73DE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Gain (Loss) On Derivative Instrument, Interest Rate Lock Commitments On Loans Held For Sale </link:label>
<link:label id="lab_bac_GainLossOnDerivativeInstrumentInterestRateLockCommitmentsOnLoansHeldForSale_E891CA365A217D673F37A33DBC3D73DE_label_en-US" xlink:label="lab_bac_GainLossOnDerivativeInstrumentInterestRateLockCommitmentsOnLoansHeldForSale_E891CA365A217D673F37A33DBC3D73DE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Gain (Loss) On Derivative Instrument, Interest Rate Lock Commitments On Loans Held For Sale </link:label>
<link:label id="lab_bac_GainLossOnDerivativeInstrumentInterestRateLockCommitmentsOnLoansHeldForSale_E891CA365A217D673F37A33DBC3D73DE_documentation_en-US" xlink:label="lab_bac_GainLossOnDerivativeInstrumentInterestRateLockCommitmentsOnLoansHeldForSale_E891CA365A217D673F37A33DBC3D73DE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> The amount of gains on IRLCs related to the origination of mortgage loans that are held for sale, which are considered derivative instruments, included in economic hedges of price risk. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_GainLossOnDerivativeInstrumentInterestRateLockCommitmentsOnLoansHeldForSale" xlink:label="loc_bac_GainLossOnDerivativeInstrumentInterestRateLockCommitmentsOnLoansHeldForSale_E891CA365A217D673F37A33DBC3D73DE" xlink:type="locator"/>
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<link:label id="lab_us-gaap_SummaryOfDerivativeInstrumentsByRiskExposureAbstract_9F84A6CEEBCB74475910A33230F068BF_label_en-US" xlink:label="lab_us-gaap_SummaryOfDerivativeInstrumentsByRiskExposureAbstract_9F84A6CEEBCB74475910A33230F068BF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Summary of Derivative Instruments by Risk Exposure [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_SummaryOfDerivativeInstrumentsByRiskExposureAbstract" xlink:label="loc_us-gaap_SummaryOfDerivativeInstrumentsByRiskExposureAbstract_9F84A6CEEBCB74475910A33230F068BF" xlink:type="locator"/>
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<link:label id="lab_bac_PriceRiskOnMortgageBankingProductionIncome_ECAD2AA41D3092374DC0A3342EFCCB9D_label_en-US" xlink:label="lab_bac_PriceRiskOnMortgageBankingProductionIncome_ECAD2AA41D3092374DC0A3342EFCCB9D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Price Risk On Mortgage Banking Production Income </link:label>
<link:label id="lab_bac_PriceRiskOnMortgageBankingProductionIncome_ECAD2AA41D3092374DC0A3342EFCCB9D_documentation_en-US" xlink:label="lab_bac_PriceRiskOnMortgageBankingProductionIncome_ECAD2AA41D3092374DC0A3342EFCCB9D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Price risk related to derivative instruments (e.g., Interest Rate Lock Commitments) used to economically hedge exposures to instruments whose values vary with the level or volatility of interest rates (e.g., loans, debt securities, certain trading-related assets and liabilities, deposits, borrowings). </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PriceRiskOnMortgageBankingProductionIncome" xlink:label="loc_bac_PriceRiskOnMortgageBankingProductionIncome_ECAD2AA41D3092374DC0A3342EFCCB9D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_PriceRiskOnMortgageBankingProductionIncome_ECAD2AA41D3092374DC0A3342EFCCB9D" xlink:to="lab_bac_PriceRiskOnMortgageBankingProductionIncome_ECAD2AA41D3092374DC0A3342EFCCB9D" xlink:type="arc"/>
<link:label id="lab_bac_InterestRateRiskOnMortgageBankingServicingIncome_C11BC73B387440885F04A3349BD2279B_label_en-US" xlink:label="lab_bac_InterestRateRiskOnMortgageBankingServicingIncome_C11BC73B387440885F04A3349BD2279B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest rate risk on mortgage banking servicing income </link:label>
<link:label id="lab_bac_InterestRateRiskOnMortgageBankingServicingIncome_C11BC73B387440885F04A3349BD2279B_documentation_en-US" xlink:label="lab_bac_InterestRateRiskOnMortgageBankingServicingIncome_C11BC73B387440885F04A3349BD2279B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Interest rate risk related to derivative instruments (e.g., interest rate swaps, futures) used to economically hedge exposures to instruments whose values vary with the level or volatility of interest rates (e.g., loans, debt securities, certain trading-related assets and liabilities, deposits, borrowings. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_InterestRateRiskOnMortgageBankingServicingIncome" xlink:label="loc_bac_InterestRateRiskOnMortgageBankingServicingIncome_C11BC73B387440885F04A3349BD2279B" xlink:type="locator"/>
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<link:label id="lab_bac_CreditRiskOnLoans_0033B530F8D28531847CA334D256488F_label_en-US" xlink:label="lab_bac_CreditRiskOnLoans_0033B530F8D28531847CA334D256488F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Credit risk on loans </link:label>
<link:label id="lab_bac_CreditRiskOnLoans_0033B530F8D28531847CA334D256488F_documentation_en-US" xlink:label="lab_bac_CreditRiskOnLoans_0033B530F8D28531847CA334D256488F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Credit risk related to derivative instruments (e.g. credit default swaps) used to economically hedge credit risk on loans and leases. Gains (losses) on these derivatives are recorded in other income, trading account profits and net interest income. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CreditRiskOnLoans" xlink:label="loc_bac_CreditRiskOnLoans_0033B530F8D28531847CA334D256488F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CreditRiskOnLoans_0033B530F8D28531847CA334D256488F" xlink:to="lab_bac_CreditRiskOnLoans_0033B530F8D28531847CA334D256488F" xlink:type="arc"/>
<link:label id="lab_bac_InterestRateAndForeignCurrencyRiskOnLongTermDebtAndOtherForeignExchangeTransactions_D2A534682DAEFD3EFFABA3353169EA23_label_en-US" xlink:label="lab_bac_InterestRateAndForeignCurrencyRiskOnLongTermDebtAndOtherForeignExchangeTransactions_D2A534682DAEFD3EFFABA3353169EA23" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest rate and foreign currency risk on long-term debt and other foreign exchange transactions </link:label>
<link:label id="lab_bac_InterestRateAndForeignCurrencyRiskOnLongTermDebtAndOtherForeignExchangeTransactions_D2A534682DAEFD3EFFABA3353169EA23_documentation_en-US" xlink:label="lab_bac_InterestRateAndForeignCurrencyRiskOnLongTermDebtAndOtherForeignExchangeTransactions_D2A534682DAEFD3EFFABA3353169EA23" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Interest rate and foreign exchange risk related to derivative instruments (e.g., interest rate and foreign exchange swaps) used to economically hedge long-term debt and foreign currency denominated transactions. Gains (losses) on these derivatives are recorded in other income, trading account profits and personnel expense. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_InterestRateAndForeignCurrencyRiskOnLongTermDebtAndOtherForeignExchangeTransactions" xlink:label="loc_bac_InterestRateAndForeignCurrencyRiskOnLongTermDebtAndOtherForeignExchangeTransactions_D2A534682DAEFD3EFFABA3353169EA23" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_InterestRateAndForeignCurrencyRiskOnLongTermDebtAndOtherForeignExchangeTransactions_D2A534682DAEFD3EFFABA3353169EA23" xlink:to="lab_bac_InterestRateAndForeignCurrencyRiskOnLongTermDebtAndOtherForeignExchangeTransactions_D2A534682DAEFD3EFFABA3353169EA23" xlink:type="arc"/>
<link:label id="lab_bac_OtherGainLossOnEconomicHedges_EE0E88BF60A48E407B9AA33561A5297D_label_en-US" xlink:label="lab_bac_OtherGainLossOnEconomicHedges_EE0E88BF60A48E407B9AA33561A5297D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Gain Loss On Economic Hedges </link:label>
<link:label id="lab_bac_OtherGainLossOnEconomicHedges_EE0E88BF60A48E407B9AA33561A5297D_documentation_en-US" xlink:label="lab_bac_OtherGainLossOnEconomicHedges_EE0E88BF60A48E407B9AA33561A5297D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Other gains (losses) on economic hedges. This element is used when there is not a more specific and appropriate element in the taxonomy. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_OtherGainLossOnEconomicHedges" xlink:label="loc_bac_OtherGainLossOnEconomicHedges_EE0E88BF60A48E407B9AA33561A5297D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_OtherGainLossOnEconomicHedges_EE0E88BF60A48E407B9AA33561A5297D" xlink:to="lab_bac_OtherGainLossOnEconomicHedges_EE0E88BF60A48E407B9AA33561A5297D" xlink:type="arc"/>
<link:label id="lab_bac_GainLossOnEconomicHedges_485AAB05EB8D0B3FCA49A3358DFB86A6_totalLabel_en-US" xlink:label="lab_bac_GainLossOnEconomicHedges_485AAB05EB8D0B3FCA49A3358DFB86A6" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Gain Loss On Economic Hedges </link:label>
<link:label id="lab_bac_GainLossOnEconomicHedges_485AAB05EB8D0B3FCA49A3358DFB86A6_label_en-US" xlink:label="lab_bac_GainLossOnEconomicHedges_485AAB05EB8D0B3FCA49A3358DFB86A6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Gain Loss On Economic Hedges </link:label>
<link:label id="lab_bac_GainLossOnEconomicHedges_485AAB05EB8D0B3FCA49A3358DFB86A6_documentation_en-US" xlink:label="lab_bac_GainLossOnEconomicHedges_485AAB05EB8D0B3FCA49A3358DFB86A6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> The total gain (loss) on all economic hedges reported. These gains (losses) are largely offset by the income or expense that is recorded on the economically hedged item. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_GainLossOnEconomicHedges" xlink:label="loc_bac_GainLossOnEconomicHedges_485AAB05EB8D0B3FCA49A3358DFB86A6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_GainLossOnEconomicHedges_485AAB05EB8D0B3FCA49A3358DFB86A6" xlink:to="lab_bac_GainLossOnEconomicHedges_485AAB05EB8D0B3FCA49A3358DFB86A6" xlink:type="arc"/>
<link:label id="lab_us-gaap_ScheduleOfShortTermDebtTable_EC68AF9F4B4DD637144EBAB57C6D0EC6_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfShortTermDebtTable_EC68AF9F4B4DD637144EBAB57C6D0EC6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Short-term Debt [Table] </link:label>
<link:label id="lab_us-gaap_ScheduleOfShortTermDebtTable_EC68AF9F4B4DD637144EBAB57C6D0EC6_label_en-US" xlink:label="lab_us-gaap_ScheduleOfShortTermDebtTable_EC68AF9F4B4DD637144EBAB57C6D0EC6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Short-term Debt [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ScheduleOfShortTermDebtTable" xlink:label="loc_us-gaap_ScheduleOfShortTermDebtTable_EC68AF9F4B4DD637144EBAB57C6D0EC6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfShortTermDebtTable_EC68AF9F4B4DD637144EBAB57C6D0EC6" xlink:to="lab_us-gaap_ScheduleOfShortTermDebtTable_EC68AF9F4B4DD637144EBAB57C6D0EC6" xlink:type="arc"/>
<link:label id="lab_bac_ParentCompanyAndOtherSubsidiariesMemberMember_DCBCA2BDDDB91ED55C1F9C52DF8A79B8_terseLabel_en-US" xlink:label="lab_bac_ParentCompanyAndOtherSubsidiariesMemberMember_DCBCA2BDDDB91ED55C1F9C52DF8A79B8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Parent Company And Other Subsidiaries Member [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ParentCompanyAndOtherSubsidiariesMemberMember" xlink:label="loc_bac_ParentCompanyAndOtherSubsidiariesMemberMember_DCBCA2BDDDB91ED55C1F9C52DF8A79B8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ParentCompanyAndOtherSubsidiariesMemberMember_DCBCA2BDDDB91ED55C1F9C52DF8A79B8" xlink:to="lab_bac_ParentCompanyAndOtherSubsidiariesMemberMember_DCBCA2BDDDB91ED55C1F9C52DF8A79B8" xlink:type="arc"/>
<link:label id="lab_us-gaap_ShortTermDebtTypeAxis_B2B2099EF8B2D7A920EEBAC10E867FC5_label_en-US" xlink:label="lab_us-gaap_ShortTermDebtTypeAxis_B2B2099EF8B2D7A920EEBAC10E867FC5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Short-term Debt, Type [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ShortTermDebtTypeAxis" xlink:label="loc_us-gaap_ShortTermDebtTypeAxis_B2B2099EF8B2D7A920EEBAC10E867FC5" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShortTermDebtTypeAxis_B2B2099EF8B2D7A920EEBAC10E867FC5" xlink:to="lab_us-gaap_ShortTermDebtTypeAxis_B2B2099EF8B2D7A920EEBAC10E867FC5" xlink:type="arc"/>
<link:label id="lab_us-gaap_ShortTermDebtTypeDomain_258B0377EFC6077B2F98BAC30497C241_label_en-US" xlink:label="lab_us-gaap_ShortTermDebtTypeDomain_258B0377EFC6077B2F98BAC30497C241" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Short-term Debt, Type [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ShortTermDebtTypeDomain" xlink:label="loc_us-gaap_ShortTermDebtTypeDomain_258B0377EFC6077B2F98BAC30497C241" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShortTermDebtTypeDomain_258B0377EFC6077B2F98BAC30497C241" xlink:to="lab_us-gaap_ShortTermDebtTypeDomain_258B0377EFC6077B2F98BAC30497C241" xlink:type="arc"/>
<link:label id="lab_us-gaap_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellMember_A3F1A1DE27D3C8767A61BAC1A27B5525_label_en-US" xlink:label="lab_us-gaap_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellMember_A3F1A1DE27D3C8767A61BAC1A27B5525" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Federal Funds Sold and Securities Borrowed or Purchased under Agreements to Resell [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellMember" xlink:label="loc_us-gaap_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellMember_A3F1A1DE27D3C8767A61BAC1A27B5525" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellMember_A3F1A1DE27D3C8767A61BAC1A27B5525" xlink:to="lab_us-gaap_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellMember_A3F1A1DE27D3C8767A61BAC1A27B5525" xlink:type="arc"/>
<link:label id="lab_us-gaap_FederalFundsPurchasedMember_AA3DE43A603518D02A9ABE29AF34FBD7_label_en-US" xlink:label="lab_us-gaap_FederalFundsPurchasedMember_AA3DE43A603518D02A9ABE29AF34FBD7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Federal Funds Purchased [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FederalFundsPurchasedMember" xlink:label="loc_us-gaap_FederalFundsPurchasedMember_AA3DE43A603518D02A9ABE29AF34FBD7" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FederalFundsPurchasedMember_AA3DE43A603518D02A9ABE29AF34FBD7" xlink:to="lab_us-gaap_FederalFundsPurchasedMember_AA3DE43A603518D02A9ABE29AF34FBD7" xlink:type="arc"/>
<link:label id="lab_us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseMember_FEEEB557303728395891BE3F103FE39C_label_en-US" xlink:label="lab_us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseMember_FEEEB557303728395891BE3F103FE39C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities Sold under Agreements to Repurchase [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseMember" xlink:label="loc_us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseMember_FEEEB557303728395891BE3F103FE39C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseMember_FEEEB557303728395891BE3F103FE39C" xlink:to="lab_us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseMember_FEEEB557303728395891BE3F103FE39C" xlink:type="arc"/>
<link:label id="lab_us-gaap_CommercialPaperMember_0F43182C189233F70C37BE4DC6E0C299_label_en-US" xlink:label="lab_us-gaap_CommercialPaperMember_0F43182C189233F70C37BE4DC6E0C299" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Commercial Paper [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CommercialPaperMember" xlink:label="loc_us-gaap_CommercialPaperMember_0F43182C189233F70C37BE4DC6E0C299" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommercialPaperMember_0F43182C189233F70C37BE4DC6E0C299" xlink:to="lab_us-gaap_CommercialPaperMember_0F43182C189233F70C37BE4DC6E0C299" xlink:type="arc"/>
<link:label id="lab_bac_OtherShortTermBorrowingsMember_6E548C01621FB9B73F63BE52E2B8E693_label_en-US" xlink:label="lab_bac_OtherShortTermBorrowingsMember_6E548C01621FB9B73F63BE52E2B8E693" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Short-term Borrowings [Member] </link:label>
<link:label id="lab_bac_OtherShortTermBorrowingsMember_6E548C01621FB9B73F63BE52E2B8E693_documentation_en-US" xlink:label="lab_bac_OtherShortTermBorrowingsMember_6E548C01621FB9B73F63BE52E2B8E693" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Other short-term borrowings [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_OtherShortTermBorrowingsMember" xlink:label="loc_bac_OtherShortTermBorrowingsMember_6E548C01621FB9B73F63BE52E2B8E693" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_OtherShortTermBorrowingsMember_6E548C01621FB9B73F63BE52E2B8E693" xlink:to="lab_bac_OtherShortTermBorrowingsMember_6E548C01621FB9B73F63BE52E2B8E693" xlink:type="arc"/>
<link:label id="lab_us-gaap_ShortTermDebtLineItems_0B4313FA87F7FF6FED1CBE2618E014FE_label_en-US" xlink:label="lab_us-gaap_ShortTermDebtLineItems_0B4313FA87F7FF6FED1CBE2618E014FE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Short-term Debt [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ShortTermDebtLineItems" xlink:label="loc_us-gaap_ShortTermDebtLineItems_0B4313FA87F7FF6FED1CBE2618E014FE" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShortTermDebtLineItems_0B4313FA87F7FF6FED1CBE2618E014FE" xlink:to="lab_us-gaap_ShortTermDebtLineItems_0B4313FA87F7FF6FED1CBE2618E014FE" xlink:type="arc"/>
<link:label id="lab_us-gaap_ShortTermBorrowingsAbstract_96DEF7A5AEAA692EC9EEBE26FE02F870_label_en-US" xlink:label="lab_us-gaap_ShortTermBorrowingsAbstract_96DEF7A5AEAA692EC9EEBE26FE02F870" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Short-term Debt [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ShortTermBorrowingsAbstract" xlink:label="loc_us-gaap_ShortTermBorrowingsAbstract_96DEF7A5AEAA692EC9EEBE26FE02F870" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShortTermBorrowingsAbstract_96DEF7A5AEAA692EC9EEBE26FE02F870" xlink:to="lab_us-gaap_ShortTermBorrowingsAbstract_96DEF7A5AEAA692EC9EEBE26FE02F870" xlink:type="arc"/>
<link:label id="lab_bac_ShortTermBorrowingsInterestRate_C07AFD2E722E5E359746BE1E674F0243_terseLabel_en-US" xlink:label="lab_bac_ShortTermBorrowingsInterestRate_C07AFD2E722E5E359746BE1E674F0243" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Rate at December 31 </link:label>
<link:label id="lab_bac_ShortTermBorrowingsInterestRate_C07AFD2E722E5E359746BE1E674F0243_label_en-US" xlink:label="lab_bac_ShortTermBorrowingsInterestRate_C07AFD2E722E5E359746BE1E674F0243" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Short Term Borrowings Interest Rate </link:label>
<link:label id="lab_bac_ShortTermBorrowingsInterestRate_C07AFD2E722E5E359746BE1E674F0243_documentation_en-US" xlink:label="lab_bac_ShortTermBorrowingsInterestRate_C07AFD2E722E5E359746BE1E674F0243" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the periodic interest rate applicable to short-term borrowings. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ShortTermBorrowingsInterestRate" xlink:label="loc_bac_ShortTermBorrowingsInterestRate_C07AFD2E722E5E359746BE1E674F0243" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ShortTermBorrowingsInterestRate_C07AFD2E722E5E359746BE1E674F0243" xlink:to="lab_bac_ShortTermBorrowingsInterestRate_C07AFD2E722E5E359746BE1E674F0243" xlink:type="arc"/>
<link:label id="lab_us-gaap_ShorttermDebtAverageOutstandingAmount_2638C93303976DC5AC5ABAC408F1FDEF_terseLabel_en-US" xlink:label="lab_us-gaap_ShorttermDebtAverageOutstandingAmount_2638C93303976DC5AC5ABAC408F1FDEF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Average Amount During Year </link:label>
<link:label id="lab_us-gaap_ShorttermDebtAverageOutstandingAmount_2638C93303976DC5AC5ABAC408F1FDEF_label_en-US" xlink:label="lab_us-gaap_ShorttermDebtAverageOutstandingAmount_2638C93303976DC5AC5ABAC408F1FDEF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Short-term Debt, Average Outstanding Amount </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ShorttermDebtAverageOutstandingAmount" xlink:label="loc_us-gaap_ShorttermDebtAverageOutstandingAmount_2638C93303976DC5AC5ABAC408F1FDEF" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShorttermDebtAverageOutstandingAmount_2638C93303976DC5AC5ABAC408F1FDEF" xlink:to="lab_us-gaap_ShorttermDebtAverageOutstandingAmount_2638C93303976DC5AC5ABAC408F1FDEF" xlink:type="arc"/>
<link:label id="lab_bac_ShortTermDebtAverageOutstandingRate_A3F9477CDBCF348333ADBE2D943CF597_terseLabel_en-US" xlink:label="lab_bac_ShortTermDebtAverageOutstandingRate_A3F9477CDBCF348333ADBE2D943CF597" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Average Rate During Year </link:label>
<link:label id="lab_bac_ShortTermDebtAverageOutstandingRate_A3F9477CDBCF348333ADBE2D943CF597_label_en-US" xlink:label="lab_bac_ShortTermDebtAverageOutstandingRate_A3F9477CDBCF348333ADBE2D943CF597" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Short Term Debt Average Outstanding Rate </link:label>
<link:label id="lab_bac_ShortTermDebtAverageOutstandingRate_A3F9477CDBCF348333ADBE2D943CF597_documentation_en-US" xlink:label="lab_bac_ShortTermDebtAverageOutstandingRate_A3F9477CDBCF348333ADBE2D943CF597" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the yearly average interest rate applicable to short-term borrowings. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ShortTermDebtAverageOutstandingRate" xlink:label="loc_bac_ShortTermDebtAverageOutstandingRate_A3F9477CDBCF348333ADBE2D943CF597" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ShortTermDebtAverageOutstandingRate_A3F9477CDBCF348333ADBE2D943CF597" xlink:to="lab_bac_ShortTermDebtAverageOutstandingRate_A3F9477CDBCF348333ADBE2D943CF597" xlink:type="arc"/>
<link:label id="lab_us-gaap_ShorttermDebtMaximumMonthendOutstandingAmount_4643F9D0538119B5C4F1BAC6FCF926B3_terseLabel_en-US" xlink:label="lab_us-gaap_ShorttermDebtMaximumMonthendOutstandingAmount_4643F9D0538119B5C4F1BAC6FCF926B3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Maximum Month-end Balance During Year </link:label>
<link:label id="lab_us-gaap_ShorttermDebtMaximumMonthendOutstandingAmount_4643F9D0538119B5C4F1BAC6FCF926B3_label_en-US" xlink:label="lab_us-gaap_ShorttermDebtMaximumMonthendOutstandingAmount_4643F9D0538119B5C4F1BAC6FCF926B3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Short-term Debt, Maximum Month-end Outstanding Amount </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ShorttermDebtMaximumMonthendOutstandingAmount" xlink:label="loc_us-gaap_ShorttermDebtMaximumMonthendOutstandingAmount_4643F9D0538119B5C4F1BAC6FCF926B3" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShorttermDebtMaximumMonthendOutstandingAmount_4643F9D0538119B5C4F1BAC6FCF926B3" xlink:to="lab_us-gaap_ShorttermDebtMaximumMonthendOutstandingAmount_4643F9D0538119B5C4F1BAC6FCF926B3" xlink:type="arc"/>
<link:label id="lab_bac_FederalFundsSoldSecuritiesBorrowedOrPurchasedUnderAgreementsToResellAndShortTermBorrowingsTextualsAbstract_642615290FBDD04658A8BE58F9009CDB_label_en-US" xlink:label="lab_bac_FederalFundsSoldSecuritiesBorrowedOrPurchasedUnderAgreementsToResellAndShortTermBorrowingsTextualsAbstract_642615290FBDD04658A8BE58F9009CDB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Federal Funds Sold Securities Borrowed or Purchased Under Agreements to Resell and Short term Borrowings Textuals [Abstract] </link:label>
<link:label id="lab_bac_FederalFundsSoldSecuritiesBorrowedOrPurchasedUnderAgreementsToResellAndShortTermBorrowingsTextualsAbstract_642615290FBDD04658A8BE58F9009CDB_documentation_en-US" xlink:label="lab_bac_FederalFundsSoldSecuritiesBorrowedOrPurchasedUnderAgreementsToResellAndShortTermBorrowingsTextualsAbstract_642615290FBDD04658A8BE58F9009CDB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Federal Funds Sold, Securities Borrowed or Purchased Under Agreements to Resell and Short-term Borrowings. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_FederalFundsSoldSecuritiesBorrowedOrPurchasedUnderAgreementsToResellAndShortTermBorrowingsTextualsAbstract" xlink:label="loc_bac_FederalFundsSoldSecuritiesBorrowedOrPurchasedUnderAgreementsToResellAndShortTermBorrowingsTextualsAbstract_642615290FBDD04658A8BE58F9009CDB" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_FederalFundsSoldSecuritiesBorrowedOrPurchasedUnderAgreementsToResellAndShortTermBorrowingsTextualsAbstract_642615290FBDD04658A8BE58F9009CDB" xlink:to="lab_bac_FederalFundsSoldSecuritiesBorrowedOrPurchasedUnderAgreementsToResellAndShortTermBorrowingsTextualsAbstract_642615290FBDD04658A8BE58F9009CDB" xlink:type="arc"/>
<link:label id="lab_bac_MaximumOfBankNotesOutstandingWithFixedOrFloatingRate_2E2349E84FEBA7448F2EBE5BE8887638_terseLabel_en-US" xlink:label="lab_bac_MaximumOfBankNotesOutstandingWithFixedOrFloatingRate_2E2349E84FEBA7448F2EBE5BE8887638" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Maximum Of Bank Notes Outstanding With Fixed Or Floating Rate </link:label>
<link:label id="lab_bac_MaximumOfBankNotesOutstandingWithFixedOrFloatingRate_2E2349E84FEBA7448F2EBE5BE8887638_label_en-US" xlink:label="lab_bac_MaximumOfBankNotesOutstandingWithFixedOrFloatingRate_2E2349E84FEBA7448F2EBE5BE8887638" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Maximum Of Bank Notes Outstanding With Fixed Or Floating Rate </link:label>
<link:label id="lab_bac_MaximumOfBankNotesOutstandingWithFixedOrFloatingRate_2E2349E84FEBA7448F2EBE5BE8887638_documentation_en-US" xlink:label="lab_bac_MaximumOfBankNotesOutstandingWithFixedOrFloatingRate_2E2349E84FEBA7448F2EBE5BE8887638" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the maximum dollar amount of bank notes with fixed or floating rates outstanding at any one time. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_MaximumOfBankNotesOutstandingWithFixedOrFloatingRate" xlink:label="loc_bac_MaximumOfBankNotesOutstandingWithFixedOrFloatingRate_2E2349E84FEBA7448F2EBE5BE8887638" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_MaximumOfBankNotesOutstandingWithFixedOrFloatingRate_2E2349E84FEBA7448F2EBE5BE8887638" xlink:to="lab_bac_MaximumOfBankNotesOutstandingWithFixedOrFloatingRate_2E2349E84FEBA7448F2EBE5BE8887638" xlink:type="arc"/>
<link:label id="lab_bac_ShortTermBankNotesOutstanding_355CA7D5B4B364FF28BDBE63B0AE250E_terseLabel_en-US" xlink:label="lab_bac_ShortTermBankNotesOutstanding_355CA7D5B4B364FF28BDBE63B0AE250E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Short Term Bank Notes Outstanding </link:label>
<link:label id="lab_bac_ShortTermBankNotesOutstanding_355CA7D5B4B364FF28BDBE63B0AE250E_label_en-US" xlink:label="lab_bac_ShortTermBankNotesOutstanding_355CA7D5B4B364FF28BDBE63B0AE250E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Short Term Bank Notes Outstanding </link:label>
<link:label id="lab_bac_ShortTermBankNotesOutstanding_355CA7D5B4B364FF28BDBE63B0AE250E_documentation_en-US" xlink:label="lab_bac_ShortTermBankNotesOutstanding_355CA7D5B4B364FF28BDBE63B0AE250E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the dollar amount of short-term bank notes outstanding with fixed or floating rates. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ShortTermBankNotesOutstanding" xlink:label="loc_bac_ShortTermBankNotesOutstanding_355CA7D5B4B364FF28BDBE63B0AE250E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ShortTermBankNotesOutstanding_355CA7D5B4B364FF28BDBE63B0AE250E" xlink:to="lab_bac_ShortTermBankNotesOutstanding_355CA7D5B4B364FF28BDBE63B0AE250E" xlink:type="arc"/>
<link:label id="lab_us-gaap_LongTermDebtTextBlock_95C35AEAE325285E11E9BE6CF3AC1067_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtTextBlock_95C35AEAE325285E11E9BE6CF3AC1067" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Long-term Debt [Text Block] </link:label>
<link:label id="lab_us-gaap_LongTermDebtTextBlock_95C35AEAE325285E11E9BE6CF3AC1067_label_en-US" xlink:label="lab_us-gaap_LongTermDebtTextBlock_95C35AEAE325285E11E9BE6CF3AC1067" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Long-term Debt [Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LongTermDebtTextBlock" xlink:label="loc_us-gaap_LongTermDebtTextBlock_95C35AEAE325285E11E9BE6CF3AC1067" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermDebtTextBlock_95C35AEAE325285E11E9BE6CF3AC1067" xlink:to="lab_us-gaap_LongTermDebtTextBlock_95C35AEAE325285E11E9BE6CF3AC1067" xlink:type="arc"/>
<link:label id="lab_bac_PrinciplesOfConsolidationAndBasisOfPresentationPolicyTextBlock_5E9FB6C08EB878EA4E1E5500BDB0B168_terseLabel_en-US" xlink:label="lab_bac_PrinciplesOfConsolidationAndBasisOfPresentationPolicyTextBlock_5E9FB6C08EB878EA4E1E5500BDB0B168" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Principles Of Consolidation And Basis Of Presentation [Policy Text Block] </link:label>
<link:label id="lab_bac_PrinciplesOfConsolidationAndBasisOfPresentationPolicyTextBlock_5E9FB6C08EB878EA4E1E5500BDB0B168_label_en-US" xlink:label="lab_bac_PrinciplesOfConsolidationAndBasisOfPresentationPolicyTextBlock_5E9FB6C08EB878EA4E1E5500BDB0B168" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Principles Of Consolidation And Basis Of Presentation [Policy Text Block] </link:label>
<link:label id="lab_bac_PrinciplesOfConsolidationAndBasisOfPresentationPolicyTextBlock_5E9FB6C08EB878EA4E1E5500BDB0B168_documentation_en-US" xlink:label="lab_bac_PrinciplesOfConsolidationAndBasisOfPresentationPolicyTextBlock_5E9FB6C08EB878EA4E1E5500BDB0B168" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Describes the Corporation's Principles of Consolidation and Basis of Presentation policy. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PrinciplesOfConsolidationAndBasisOfPresentationPolicyTextBlock" xlink:label="loc_bac_PrinciplesOfConsolidationAndBasisOfPresentationPolicyTextBlock_5E9FB6C08EB878EA4E1E5500BDB0B168" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_PrinciplesOfConsolidationAndBasisOfPresentationPolicyTextBlock_5E9FB6C08EB878EA4E1E5500BDB0B168" xlink:to="lab_bac_PrinciplesOfConsolidationAndBasisOfPresentationPolicyTextBlock_5E9FB6C08EB878EA4E1E5500BDB0B168" xlink:type="arc"/>
<link:label id="lab_us-gaap_LoansAndLeasesReceivableTroubledDebtRestructuringPolicy_2777154BA9F70AB9AE43550471FFB82A_terseLabel_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableTroubledDebtRestructuringPolicy_2777154BA9F70AB9AE43550471FFB82A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loans and Leases Receivable, Troubled Debt Restructuring Policy [Policy Text Block] </link:label>
<link:label id="lab_us-gaap_LoansAndLeasesReceivableTroubledDebtRestructuringPolicy_2777154BA9F70AB9AE43550471FFB82A_label_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableTroubledDebtRestructuringPolicy_2777154BA9F70AB9AE43550471FFB82A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loans and Leases Receivable, Troubled Debt Restructuring Policy [Policy Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LoansAndLeasesReceivableTroubledDebtRestructuringPolicy" xlink:label="loc_us-gaap_LoansAndLeasesReceivableTroubledDebtRestructuringPolicy_2777154BA9F70AB9AE43550471FFB82A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LoansAndLeasesReceivableTroubledDebtRestructuringPolicy_2777154BA9F70AB9AE43550471FFB82A" xlink:to="lab_us-gaap_LoansAndLeasesReceivableTroubledDebtRestructuringPolicy_2777154BA9F70AB9AE43550471FFB82A" xlink:type="arc"/>
<link:label id="lab_bac_GoodwillImpairmentPolicyPolicyTextBlock_C9AC37C50733D1D970565505AE8E8BDD_terseLabel_en-US" xlink:label="lab_bac_GoodwillImpairmentPolicyPolicyTextBlock_C9AC37C50733D1D970565505AE8E8BDD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Goodwill Impairment, Policy [Policy Text Block] </link:label>
<link:label id="lab_bac_GoodwillImpairmentPolicyPolicyTextBlock_C9AC37C50733D1D970565505AE8E8BDD_label_en-US" xlink:label="lab_bac_GoodwillImpairmentPolicyPolicyTextBlock_C9AC37C50733D1D970565505AE8E8BDD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Goodwill Impairment, Policy [Policy Text Block] </link:label>
<link:label id="lab_bac_GoodwillImpairmentPolicyPolicyTextBlock_C9AC37C50733D1D970565505AE8E8BDD_documentation_en-US" xlink:label="lab_bac_GoodwillImpairmentPolicyPolicyTextBlock_C9AC37C50733D1D970565505AE8E8BDD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Goodwill Impairment, Policy [Policy Text Block] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_GoodwillImpairmentPolicyPolicyTextBlock" xlink:label="loc_bac_GoodwillImpairmentPolicyPolicyTextBlock_C9AC37C50733D1D970565505AE8E8BDD" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_GoodwillImpairmentPolicyPolicyTextBlock_C9AC37C50733D1D970565505AE8E8BDD" xlink:to="lab_bac_GoodwillImpairmentPolicyPolicyTextBlock_C9AC37C50733D1D970565505AE8E8BDD" xlink:type="arc"/>
<link:label id="lab_us-gaap_CashAndCashEquivalentsPolicyTextBlock_55BD3E236D9F43AA57D45506A5B6DF4B_terseLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsPolicyTextBlock_55BD3E236D9F43AA57D45506A5B6DF4B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Cash and Cash Equivalents, Policy [Policy Text Block] </link:label>
<link:label id="lab_us-gaap_CashAndCashEquivalentsPolicyTextBlock_55BD3E236D9F43AA57D45506A5B6DF4B_label_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsPolicyTextBlock_55BD3E236D9F43AA57D45506A5B6DF4B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Cash and Cash Equivalents, Policy [Policy Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CashAndCashEquivalentsPolicyTextBlock" xlink:label="loc_us-gaap_CashAndCashEquivalentsPolicyTextBlock_55BD3E236D9F43AA57D45506A5B6DF4B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashAndCashEquivalentsPolicyTextBlock_55BD3E236D9F43AA57D45506A5B6DF4B" xlink:to="lab_us-gaap_CashAndCashEquivalentsPolicyTextBlock_55BD3E236D9F43AA57D45506A5B6DF4B" xlink:type="arc"/>
<link:label id="lab_bac_SecuritiesFinancingTransactionsAccountingPolicyTextBlock_CF9BDF6B5AD94F1A4E645507C7F6A905_terseLabel_en-US" xlink:label="lab_bac_SecuritiesFinancingTransactionsAccountingPolicyTextBlock_CF9BDF6B5AD94F1A4E645507C7F6A905" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Securities Financing Transactions Accounting [Policy Text Block] </link:label>
<link:label id="lab_bac_SecuritiesFinancingTransactionsAccountingPolicyTextBlock_CF9BDF6B5AD94F1A4E645507C7F6A905_label_en-US" xlink:label="lab_bac_SecuritiesFinancingTransactionsAccountingPolicyTextBlock_CF9BDF6B5AD94F1A4E645507C7F6A905" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities Financing Transactions Accounting [Policy Text Block] </link:label>
<link:label id="lab_bac_SecuritiesFinancingTransactionsAccountingPolicyTextBlock_CF9BDF6B5AD94F1A4E645507C7F6A905_documentation_en-US" xlink:label="lab_bac_SecuritiesFinancingTransactionsAccountingPolicyTextBlock_CF9BDF6B5AD94F1A4E645507C7F6A905" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Describes the Corporation's Securities Financing Transactions Accounting Policy. Securities borrowed or purchased under agreements to resell and securities loaned or sold under agreements to repurchase (securities financing agreements) are treated as collateralized financing transactions. These agreements are recorded at the amounts at which the securities were acquired or sold plus accrued interest, except for certain securities financing agreements which the Corporation accounts for under the fair value option. Changes in the value of securities financing agreements that are accounted for under the fair value option are recorded in other income. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_SecuritiesFinancingTransactionsAccountingPolicyTextBlock" xlink:label="loc_bac_SecuritiesFinancingTransactionsAccountingPolicyTextBlock_CF9BDF6B5AD94F1A4E645507C7F6A905" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_SecuritiesFinancingTransactionsAccountingPolicyTextBlock_CF9BDF6B5AD94F1A4E645507C7F6A905" xlink:to="lab_bac_SecuritiesFinancingTransactionsAccountingPolicyTextBlock_CF9BDF6B5AD94F1A4E645507C7F6A905" xlink:type="arc"/>
<link:label id="lab_bac_CollateralPolicyTextBlock_2B82C2B853574B51814F55086CDCE775_terseLabel_en-US" xlink:label="lab_bac_CollateralPolicyTextBlock_2B82C2B853574B51814F55086CDCE775" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Collateral Policy Text Block </link:label>
<link:label id="lab_bac_CollateralPolicyTextBlock_2B82C2B853574B51814F55086CDCE775_label_en-US" xlink:label="lab_bac_CollateralPolicyTextBlock_2B82C2B853574B51814F55086CDCE775" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Collateral Policy Text Block </link:label>
<link:label id="lab_bac_CollateralPolicyTextBlock_2B82C2B853574B51814F55086CDCE775_documentation_en-US" xlink:label="lab_bac_CollateralPolicyTextBlock_2B82C2B853574B51814F55086CDCE775" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Collateral policy. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CollateralPolicyTextBlock" xlink:label="loc_bac_CollateralPolicyTextBlock_2B82C2B853574B51814F55086CDCE775" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CollateralPolicyTextBlock_2B82C2B853574B51814F55086CDCE775" xlink:to="lab_bac_CollateralPolicyTextBlock_2B82C2B853574B51814F55086CDCE775" xlink:type="arc"/>
<link:label id="lab_us-gaap_MarketableSecuritiesTradingSecuritiesPolicy_9331D47987E7573A811C55098FC0C7C5_terseLabel_en-US" xlink:label="lab_us-gaap_MarketableSecuritiesTradingSecuritiesPolicy_9331D47987E7573A811C55098FC0C7C5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Marketable Securities, Trading Securities, Policy [Policy Text Block] </link:label>
<link:label id="lab_us-gaap_MarketableSecuritiesTradingSecuritiesPolicy_9331D47987E7573A811C55098FC0C7C5_label_en-US" xlink:label="lab_us-gaap_MarketableSecuritiesTradingSecuritiesPolicy_9331D47987E7573A811C55098FC0C7C5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Marketable Securities, Trading Securities, Policy [Policy Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_MarketableSecuritiesTradingSecuritiesPolicy" xlink:label="loc_us-gaap_MarketableSecuritiesTradingSecuritiesPolicy_9331D47987E7573A811C55098FC0C7C5" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MarketableSecuritiesTradingSecuritiesPolicy_9331D47987E7573A811C55098FC0C7C5" xlink:to="lab_us-gaap_MarketableSecuritiesTradingSecuritiesPolicy_9331D47987E7573A811C55098FC0C7C5" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativesPolicyTextBlock_7DB5AD4D685FE06800C4550A18766396_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativesPolicyTextBlock_7DB5AD4D685FE06800C4550A18766396" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivatives, Policy [Policy Text Block] </link:label>
<link:label id="lab_us-gaap_DerivativesPolicyTextBlock_7DB5AD4D685FE06800C4550A18766396_label_en-US" xlink:label="lab_us-gaap_DerivativesPolicyTextBlock_7DB5AD4D685FE06800C4550A18766396" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivatives, Policy [Policy Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DerivativesPolicyTextBlock" xlink:label="loc_us-gaap_DerivativesPolicyTextBlock_7DB5AD4D685FE06800C4550A18766396" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativesPolicyTextBlock_7DB5AD4D685FE06800C4550A18766396" xlink:to="lab_us-gaap_DerivativesPolicyTextBlock_7DB5AD4D685FE06800C4550A18766396" xlink:type="arc"/>
<link:label id="lab_bac_InterestRateLockCommitmentsPolicyTextBlock_5BEB150485A40162B2B5550DFEC140F8_terseLabel_en-US" xlink:label="lab_bac_InterestRateLockCommitmentsPolicyTextBlock_5BEB150485A40162B2B5550DFEC140F8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Interest Rate Lock Commitments Policy Text Block </link:label>
<link:label id="lab_bac_InterestRateLockCommitmentsPolicyTextBlock_5BEB150485A40162B2B5550DFEC140F8_label_en-US" xlink:label="lab_bac_InterestRateLockCommitmentsPolicyTextBlock_5BEB150485A40162B2B5550DFEC140F8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Rate Lock Commitments Policy Text Block </link:label>
<link:label id="lab_bac_InterestRateLockCommitmentsPolicyTextBlock_5BEB150485A40162B2B5550DFEC140F8_documentation_en-US" xlink:label="lab_bac_InterestRateLockCommitmentsPolicyTextBlock_5BEB150485A40162B2B5550DFEC140F8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Interest rate lock commitments policy. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_InterestRateLockCommitmentsPolicyTextBlock" xlink:label="loc_bac_InterestRateLockCommitmentsPolicyTextBlock_5BEB150485A40162B2B5550DFEC140F8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_InterestRateLockCommitmentsPolicyTextBlock_5BEB150485A40162B2B5550DFEC140F8" xlink:to="lab_bac_InterestRateLockCommitmentsPolicyTextBlock_5BEB150485A40162B2B5550DFEC140F8" xlink:type="arc"/>
<link:label id="lab_us-gaap_InvestmentPolicyTextBlock_D811DD842422E9A0F2A355111F15DEE0_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentPolicyTextBlock_D811DD842422E9A0F2A355111F15DEE0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Investment, Policy [Policy Text Block] </link:label>
<link:label id="lab_us-gaap_InvestmentPolicyTextBlock_D811DD842422E9A0F2A355111F15DEE0_label_en-US" xlink:label="lab_us-gaap_InvestmentPolicyTextBlock_D811DD842422E9A0F2A355111F15DEE0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Investment, Policy [Policy Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_InvestmentPolicyTextBlock" xlink:label="loc_us-gaap_InvestmentPolicyTextBlock_D811DD842422E9A0F2A355111F15DEE0" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentPolicyTextBlock_D811DD842422E9A0F2A355111F15DEE0" xlink:to="lab_us-gaap_InvestmentPolicyTextBlock_D811DD842422E9A0F2A355111F15DEE0" xlink:type="arc"/>
<link:label id="lab_us-gaap_FinanceLoansAndLeasesReceivablePolicy_48F98F1D658D9E1204635515ED5AD97F_terseLabel_en-US" xlink:label="lab_us-gaap_FinanceLoansAndLeasesReceivablePolicy_48F98F1D658D9E1204635515ED5AD97F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Finance, Loans and Leases Receivable, Policy [Policy Text Block] </link:label>
<link:label id="lab_us-gaap_FinanceLoansAndLeasesReceivablePolicy_48F98F1D658D9E1204635515ED5AD97F_label_en-US" xlink:label="lab_us-gaap_FinanceLoansAndLeasesReceivablePolicy_48F98F1D658D9E1204635515ED5AD97F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Finance, Loans and Leases Receivable, Policy [Policy Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FinanceLoansAndLeasesReceivablePolicy" xlink:label="loc_us-gaap_FinanceLoansAndLeasesReceivablePolicy_48F98F1D658D9E1204635515ED5AD97F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinanceLoansAndLeasesReceivablePolicy_48F98F1D658D9E1204635515ED5AD97F" xlink:to="lab_us-gaap_FinanceLoansAndLeasesReceivablePolicy_48F98F1D658D9E1204635515ED5AD97F" xlink:type="arc"/>
<link:label id="lab_us-gaap_LoansAndLeasesReceivableAllowanceForLoanLossesPolicy_E5FCA4E5F636714478C555165A7D7680_terseLabel_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableAllowanceForLoanLossesPolicy_E5FCA4E5F636714478C555165A7D7680" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loans and Leases Receivable, Allowance for Loan Losses Policy [Policy Text Block] </link:label>
<link:label id="lab_us-gaap_LoansAndLeasesReceivableAllowanceForLoanLossesPolicy_E5FCA4E5F636714478C555165A7D7680_label_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableAllowanceForLoanLossesPolicy_E5FCA4E5F636714478C555165A7D7680" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loans and Leases Receivable, Allowance for Loan Losses Policy [Policy Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LoansAndLeasesReceivableAllowanceForLoanLossesPolicy" xlink:label="loc_us-gaap_LoansAndLeasesReceivableAllowanceForLoanLossesPolicy_E5FCA4E5F636714478C555165A7D7680" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LoansAndLeasesReceivableAllowanceForLoanLossesPolicy_E5FCA4E5F636714478C555165A7D7680" xlink:to="lab_us-gaap_LoansAndLeasesReceivableAllowanceForLoanLossesPolicy_E5FCA4E5F636714478C555165A7D7680" xlink:type="arc"/>
<link:label id="lab_us-gaap_LoansAndLeasesReceivableNonperformingLoanAndLeasePolicy_11DA87675FF9E59D996655170BDCD223_terseLabel_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableNonperformingLoanAndLeasePolicy_11DA87675FF9E59D996655170BDCD223" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loans and Leases Receivable, Nonperforming Loan and Lease, Policy [Policy Text Block] </link:label>
<link:label id="lab_us-gaap_LoansAndLeasesReceivableNonperformingLoanAndLeasePolicy_11DA87675FF9E59D996655170BDCD223_label_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableNonperformingLoanAndLeasePolicy_11DA87675FF9E59D996655170BDCD223" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loans and Leases Receivable, Nonperforming Loan and Lease, Policy [Policy Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LoansAndLeasesReceivableNonperformingLoanAndLeasePolicy" xlink:label="loc_us-gaap_LoansAndLeasesReceivableNonperformingLoanAndLeasePolicy_11DA87675FF9E59D996655170BDCD223" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LoansAndLeasesReceivableNonperformingLoanAndLeasePolicy_11DA87675FF9E59D996655170BDCD223" xlink:to="lab_us-gaap_LoansAndLeasesReceivableNonperformingLoanAndLeasePolicy_11DA87675FF9E59D996655170BDCD223" xlink:type="arc"/>
<link:label id="lab_us-gaap_FinanceLoanAndLeaseReceivablesHeldForSalePolicy_A0361AA02CC1515879AD5519355D29C1_terseLabel_en-US" xlink:label="lab_us-gaap_FinanceLoanAndLeaseReceivablesHeldForSalePolicy_A0361AA02CC1515879AD5519355D29C1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Finance, Loan and Lease Receivables, Held-for-sale, Policy [Policy Text Block] </link:label>
<link:label id="lab_us-gaap_FinanceLoanAndLeaseReceivablesHeldForSalePolicy_A0361AA02CC1515879AD5519355D29C1_label_en-US" xlink:label="lab_us-gaap_FinanceLoanAndLeaseReceivablesHeldForSalePolicy_A0361AA02CC1515879AD5519355D29C1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Finance, Loan and Lease Receivables, Held-for-sale, Policy [Policy Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FinanceLoanAndLeaseReceivablesHeldForSalePolicy" xlink:label="loc_us-gaap_FinanceLoanAndLeaseReceivablesHeldForSalePolicy_A0361AA02CC1515879AD5519355D29C1" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinanceLoanAndLeaseReceivablesHeldForSalePolicy_A0361AA02CC1515879AD5519355D29C1" xlink:to="lab_us-gaap_FinanceLoanAndLeaseReceivablesHeldForSalePolicy_A0361AA02CC1515879AD5519355D29C1" xlink:type="arc"/>
<link:label id="lab_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_3761CFD33D77A1C434A75519A7AB281C_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_3761CFD33D77A1C434A75519A7AB281C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Property, Plant and Equipment, Policy [Policy Text Block] </link:label>
<link:label id="lab_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_3761CFD33D77A1C434A75519A7AB281C_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_3761CFD33D77A1C434A75519A7AB281C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Property, Plant and Equipment, Policy [Policy Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_PropertyPlantAndEquipmentPolicyTextBlock" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_3761CFD33D77A1C434A75519A7AB281C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_3761CFD33D77A1C434A75519A7AB281C" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_3761CFD33D77A1C434A75519A7AB281C" xlink:type="arc"/>
<link:label id="lab_us-gaap_TransfersAndServicingOfFinancialAssetsPolicyTextBlock_B5A2B77DDDF5B25AE42C551B9CA4F51F_terseLabel_en-US" xlink:label="lab_us-gaap_TransfersAndServicingOfFinancialAssetsPolicyTextBlock_B5A2B77DDDF5B25AE42C551B9CA4F51F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Transfers and Servicing of Financial Assets, Policy [Policy Text Block] </link:label>
<link:label id="lab_us-gaap_TransfersAndServicingOfFinancialAssetsPolicyTextBlock_B5A2B77DDDF5B25AE42C551B9CA4F51F_label_en-US" xlink:label="lab_us-gaap_TransfersAndServicingOfFinancialAssetsPolicyTextBlock_B5A2B77DDDF5B25AE42C551B9CA4F51F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Transfers and Servicing of Financial Assets, Policy [Policy Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_TransfersAndServicingOfFinancialAssetsPolicyTextBlock" xlink:label="loc_us-gaap_TransfersAndServicingOfFinancialAssetsPolicyTextBlock_B5A2B77DDDF5B25AE42C551B9CA4F51F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TransfersAndServicingOfFinancialAssetsPolicyTextBlock_B5A2B77DDDF5B25AE42C551B9CA4F51F" xlink:to="lab_us-gaap_TransfersAndServicingOfFinancialAssetsPolicyTextBlock_B5A2B77DDDF5B25AE42C551B9CA4F51F" xlink:type="arc"/>
<link:label id="lab_us-gaap_GoodwillAndIntangibleAssetsPolicyTextBlock_752BC3FCC09AA86F8F8B551C02BA79D2_terseLabel_en-US" xlink:label="lab_us-gaap_GoodwillAndIntangibleAssetsPolicyTextBlock_752BC3FCC09AA86F8F8B551C02BA79D2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Goodwill and Intangible Assets, Policy [Policy Text Block] </link:label>
<link:label id="lab_us-gaap_GoodwillAndIntangibleAssetsPolicyTextBlock_752BC3FCC09AA86F8F8B551C02BA79D2_label_en-US" xlink:label="lab_us-gaap_GoodwillAndIntangibleAssetsPolicyTextBlock_752BC3FCC09AA86F8F8B551C02BA79D2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Goodwill and Intangible Assets, Policy [Policy Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_GoodwillAndIntangibleAssetsPolicyTextBlock" xlink:label="loc_us-gaap_GoodwillAndIntangibleAssetsPolicyTextBlock_752BC3FCC09AA86F8F8B551C02BA79D2" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GoodwillAndIntangibleAssetsPolicyTextBlock_752BC3FCC09AA86F8F8B551C02BA79D2" xlink:to="lab_us-gaap_GoodwillAndIntangibleAssetsPolicyTextBlock_752BC3FCC09AA86F8F8B551C02BA79D2" xlink:type="arc"/>
<link:label id="lab_us-gaap_ConsolidationVariableInterestEntityPolicy_7344AB27E4452E404725551CFA9C2E7B_terseLabel_en-US" xlink:label="lab_us-gaap_ConsolidationVariableInterestEntityPolicy_7344AB27E4452E404725551CFA9C2E7B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Consolidation, Variable Interest Entity, Policy [Policy Text Block] </link:label>
<link:label id="lab_us-gaap_ConsolidationVariableInterestEntityPolicy_7344AB27E4452E404725551CFA9C2E7B_label_en-US" xlink:label="lab_us-gaap_ConsolidationVariableInterestEntityPolicy_7344AB27E4452E404725551CFA9C2E7B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Consolidation, Variable Interest Entity, Policy [Policy Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ConsolidationVariableInterestEntityPolicy" xlink:label="loc_us-gaap_ConsolidationVariableInterestEntityPolicy_7344AB27E4452E404725551CFA9C2E7B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ConsolidationVariableInterestEntityPolicy_7344AB27E4452E404725551CFA9C2E7B" xlink:to="lab_us-gaap_ConsolidationVariableInterestEntityPolicy_7344AB27E4452E404725551CFA9C2E7B" xlink:type="arc"/>
<link:label id="lab_bac_FairValuePolicyTextBlock_2B0C4C9CA8E1CF813937551E055E72A9_terseLabel_en-US" xlink:label="lab_bac_FairValuePolicyTextBlock_2B0C4C9CA8E1CF813937551E055E72A9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value Policy Text Block </link:label>
<link:label id="lab_bac_FairValuePolicyTextBlock_2B0C4C9CA8E1CF813937551E055E72A9_label_en-US" xlink:label="lab_bac_FairValuePolicyTextBlock_2B0C4C9CA8E1CF813937551E055E72A9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value Policy Text Block </link:label>
<link:label id="lab_bac_FairValuePolicyTextBlock_2B0C4C9CA8E1CF813937551E055E72A9_documentation_en-US" xlink:label="lab_bac_FairValuePolicyTextBlock_2B0C4C9CA8E1CF813937551E055E72A9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Fair value policy. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_FairValuePolicyTextBlock" xlink:label="loc_bac_FairValuePolicyTextBlock_2B0C4C9CA8E1CF813937551E055E72A9" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_FairValuePolicyTextBlock_2B0C4C9CA8E1CF813937551E055E72A9" xlink:to="lab_bac_FairValuePolicyTextBlock_2B0C4C9CA8E1CF813937551E055E72A9" xlink:type="arc"/>
<link:label id="lab_us-gaap_IncomeTaxPolicyTextBlock_D484EEB0DC57D0281217551EB9838B86_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxPolicyTextBlock_D484EEB0DC57D0281217551EB9838B86" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Income Tax, Policy [Policy Text Block] </link:label>
<link:label id="lab_us-gaap_IncomeTaxPolicyTextBlock_D484EEB0DC57D0281217551EB9838B86_label_en-US" xlink:label="lab_us-gaap_IncomeTaxPolicyTextBlock_D484EEB0DC57D0281217551EB9838B86" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Income Tax, Policy [Policy Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_IncomeTaxPolicyTextBlock" xlink:label="loc_us-gaap_IncomeTaxPolicyTextBlock_D484EEB0DC57D0281217551EB9838B86" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxPolicyTextBlock_D484EEB0DC57D0281217551EB9838B86" xlink:to="lab_us-gaap_IncomeTaxPolicyTextBlock_D484EEB0DC57D0281217551EB9838B86" xlink:type="arc"/>
<link:label id="lab_us-gaap_PensionAndOtherPostretirementPlansPolicy_15CC0E2A23FAF7C91B2B5520F4871CC0_terseLabel_en-US" xlink:label="lab_us-gaap_PensionAndOtherPostretirementPlansPolicy_15CC0E2A23FAF7C91B2B5520F4871CC0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Pension and Other Postretirement Plans, Policy [Policy Text Block] </link:label>
<link:label id="lab_us-gaap_PensionAndOtherPostretirementPlansPolicy_15CC0E2A23FAF7C91B2B5520F4871CC0_label_en-US" xlink:label="lab_us-gaap_PensionAndOtherPostretirementPlansPolicy_15CC0E2A23FAF7C91B2B5520F4871CC0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Pension and Other Postretirement Plans, Policy [Policy Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_PensionAndOtherPostretirementPlansPolicy" xlink:label="loc_us-gaap_PensionAndOtherPostretirementPlansPolicy_15CC0E2A23FAF7C91B2B5520F4871CC0" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PensionAndOtherPostretirementPlansPolicy_15CC0E2A23FAF7C91B2B5520F4871CC0" xlink:to="lab_us-gaap_PensionAndOtherPostretirementPlansPolicy_15CC0E2A23FAF7C91B2B5520F4871CC0" xlink:type="arc"/>
<link:label id="lab_us-gaap_StockholdersEquityPolicyTextBlock_0CE60E52739E7DA9A14B5522C2CAF1BC_terseLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquityPolicyTextBlock_0CE60E52739E7DA9A14B5522C2CAF1BC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Stockholders' Equity, Policy [Policy Text Block] </link:label>
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<link:label id="lab_bac_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldDisposalsTransfers_A6D5DE8022C0BDF7A5047C49A3F645FE_negatedTerseLabel_en-US" xlink:label="lab_bac_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldDisposalsTransfers_A6D5DE8022C0BDF7A5047C49A3F645FE" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Disposals/Transfers </link:label>
<link:label id="lab_bac_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldDisposalsTransfers_A6D5DE8022C0BDF7A5047C49A3F645FE_label_en-US" xlink:label="lab_bac_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldDisposalsTransfers_A6D5DE8022C0BDF7A5047C49A3F645FE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Disposals Transfers </link:label>
<link:label id="lab_bac_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldDisposalsTransfers_A6D5DE8022C0BDF7A5047C49A3F645FE_documentation_en-US" xlink:label="lab_bac_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldDisposalsTransfers_A6D5DE8022C0BDF7A5047C49A3F645FE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Certain loans acquired in transfer not accounted for as debt securities Accretable yield disposals transfers. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldDisposalsTransfers" xlink:label="loc_bac_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldDisposalsTransfers_A6D5DE8022C0BDF7A5047C49A3F645FE" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldDisposalsTransfers_A6D5DE8022C0BDF7A5047C49A3F645FE" xlink:to="lab_bac_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldDisposalsTransfers_A6D5DE8022C0BDF7A5047C49A3F645FE" xlink:type="arc"/>
<link:label id="lab_us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldReclassificationsToNonaccretableDifference_50668E68872ED42C4A7E7C41EA4E9232_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldReclassificationsToNonaccretableDifference_50668E68872ED42C4A7E7C41EA4E9232" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Reclassifications to Nonaccretable Difference </link:label>
<link:label id="lab_us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldReclassificationsToNonaccretableDifference_50668E68872ED42C4A7E7C41EA4E9232_label_en-US" xlink:label="lab_us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldReclassificationsToNonaccretableDifference_50668E68872ED42C4A7E7C41EA4E9232" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Accretable Yield, Reclassifications to Nonaccretable Difference </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldReclassificationsToNonaccretableDifference" xlink:label="loc_us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldReclassificationsToNonaccretableDifference_50668E68872ED42C4A7E7C41EA4E9232" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldReclassificationsToNonaccretableDifference_50668E68872ED42C4A7E7C41EA4E9232" xlink:to="lab_us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldReclassificationsToNonaccretableDifference_50668E68872ED42C4A7E7C41EA4E9232" xlink:type="arc"/>
<link:label id="lab_us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYield_895441393397A5AFA19C7C51B43DB07D_periodEndLabel_en-US" xlink:label="lab_us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYield_895441393397A5AFA19C7C51B43DB07D" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US"> Accretable Yield, End of Period </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYield" xlink:label="loc_us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYield_895441393397A5AFA19C7C51B43DB07D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYield_895441393397A5AFA19C7C51B43DB07D" xlink:to="lab_us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYield_895441393397A5AFA19C7C51B43DB07D" xlink:type="arc"/>
<link:label id="lab_bac_DividendReceivedFromBankHoldingCompaniesAndRelatedSubsidiaries_3D0DA03571D691C4887FCDCF29570CA1_terseLabel_en-US" xlink:label="lab_bac_DividendReceivedFromBankHoldingCompaniesAndRelatedSubsidiaries_3D0DA03571D691C4887FCDCF29570CA1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Dividend Received From Bank Holding Companies And Related Subsidiaries </link:label>
<link:label id="lab_bac_DividendReceivedFromBankHoldingCompaniesAndRelatedSubsidiaries_3D0DA03571D691C4887FCDCF29570CA1_label_en-US" xlink:label="lab_bac_DividendReceivedFromBankHoldingCompaniesAndRelatedSubsidiaries_3D0DA03571D691C4887FCDCF29570CA1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Dividend Received From Bank Holding Companies And Related Subsidiaries </link:label>
<link:label id="lab_bac_DividendReceivedFromBankHoldingCompaniesAndRelatedSubsidiaries_3D0DA03571D691C4887FCDCF29570CA1_documentation_en-US" xlink:label="lab_bac_DividendReceivedFromBankHoldingCompaniesAndRelatedSubsidiaries_3D0DA03571D691C4887FCDCF29570CA1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents the dividend received bank holding companies and related subsidiaries. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_DividendReceivedFromBankHoldingCompaniesAndRelatedSubsidiaries" xlink:label="loc_bac_DividendReceivedFromBankHoldingCompaniesAndRelatedSubsidiaries_3D0DA03571D691C4887FCDCF29570CA1" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_DividendReceivedFromBankHoldingCompaniesAndRelatedSubsidiaries_3D0DA03571D691C4887FCDCF29570CA1" xlink:to="lab_bac_DividendReceivedFromBankHoldingCompaniesAndRelatedSubsidiaries_3D0DA03571D691C4887FCDCF29570CA1" xlink:type="arc"/>
<link:label id="lab_bac_DividendReceivedFromNonbankCompaniesAndRelatedSubsidiaries_7075068F4531091FD54ACDCF29619220_terseLabel_en-US" xlink:label="lab_bac_DividendReceivedFromNonbankCompaniesAndRelatedSubsidiaries_7075068F4531091FD54ACDCF29619220" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Dividend Received From Nonbank Companies And Related Subsidiaries </link:label>
<link:label id="lab_bac_DividendReceivedFromNonbankCompaniesAndRelatedSubsidiaries_7075068F4531091FD54ACDCF29619220_label_en-US" xlink:label="lab_bac_DividendReceivedFromNonbankCompaniesAndRelatedSubsidiaries_7075068F4531091FD54ACDCF29619220" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Dividend Received From Nonbank Companies And Related Subsidiaries </link:label>
<link:label id="lab_bac_DividendReceivedFromNonbankCompaniesAndRelatedSubsidiaries_7075068F4531091FD54ACDCF29619220_documentation_en-US" xlink:label="lab_bac_DividendReceivedFromNonbankCompaniesAndRelatedSubsidiaries_7075068F4531091FD54ACDCF29619220" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents the dividend received from nonbank companies and related subsidiaries. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_DividendReceivedFromNonbankCompaniesAndRelatedSubsidiaries" xlink:label="loc_bac_DividendReceivedFromNonbankCompaniesAndRelatedSubsidiaries_7075068F4531091FD54ACDCF29619220" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_DividendReceivedFromNonbankCompaniesAndRelatedSubsidiaries_7075068F4531091FD54ACDCF29619220" xlink:to="lab_bac_DividendReceivedFromNonbankCompaniesAndRelatedSubsidiaries_7075068F4531091FD54ACDCF29619220" xlink:type="arc"/>
<link:label id="lab_bac_InterestFromSubsidiaries_0211F421A0C67112EFD9CDCF2969E5D3_terseLabel_en-US" xlink:label="lab_bac_InterestFromSubsidiaries_0211F421A0C67112EFD9CDCF2969E5D3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Interest From Subsidiaries </link:label>
<link:label id="lab_bac_InterestFromSubsidiaries_0211F421A0C67112EFD9CDCF2969E5D3_label_en-US" xlink:label="lab_bac_InterestFromSubsidiaries_0211F421A0C67112EFD9CDCF2969E5D3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest From Subsidiaries </link:label>
<link:label id="lab_bac_InterestFromSubsidiaries_0211F421A0C67112EFD9CDCF2969E5D3_documentation_en-US" xlink:label="lab_bac_InterestFromSubsidiaries_0211F421A0C67112EFD9CDCF2969E5D3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents interest income from subsidiaries. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_InterestFromSubsidiaries" xlink:label="loc_bac_InterestFromSubsidiaries_0211F421A0C67112EFD9CDCF2969E5D3" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_InterestFromSubsidiaries_0211F421A0C67112EFD9CDCF2969E5D3" xlink:to="lab_bac_InterestFromSubsidiaries_0211F421A0C67112EFD9CDCF2969E5D3" xlink:type="arc"/>
<link:label id="lab_us-gaap_NoninterestIncomeOtherOperatingIncome_E9EBF3CEE55129886852CDCF29727081_verboseLabel_en-US" xlink:label="lab_us-gaap_NoninterestIncomeOtherOperatingIncome_E9EBF3CEE55129886852CDCF29727081" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Other income (loss) </link:label>
<link:label id="lab_us-gaap_NoninterestIncomeOtherOperatingIncome_E9EBF3CEE55129886852CDCF29727081_label_en-US" xlink:label="lab_us-gaap_NoninterestIncomeOtherOperatingIncome_E9EBF3CEE55129886852CDCF29727081" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Noninterest Income, Other Operating Income </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_NoninterestIncomeOtherOperatingIncome" xlink:label="loc_us-gaap_NoninterestIncomeOtherOperatingIncome_E9EBF3CEE55129886852CDCF29727081" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NoninterestIncomeOtherOperatingIncome_E9EBF3CEE55129886852CDCF29727081" xlink:to="lab_us-gaap_NoninterestIncomeOtherOperatingIncome_E9EBF3CEE55129886852CDCF29727081" xlink:type="arc"/>
<link:label id="lab_bac_TotalIncome_6E450D5E10B3F3A2A93BCDCF297BD90F_totalLabel_en-US" xlink:label="lab_bac_TotalIncome_6E450D5E10B3F3A2A93BCDCF297BD90F" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total Income </link:label>
<link:label id="lab_bac_TotalIncome_6E450D5E10B3F3A2A93BCDCF297BD90F_label_en-US" xlink:label="lab_bac_TotalIncome_6E450D5E10B3F3A2A93BCDCF297BD90F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Total Income </link:label>
<link:label id="lab_bac_TotalIncome_6E450D5E10B3F3A2A93BCDCF297BD90F_documentation_en-US" xlink:label="lab_bac_TotalIncome_6E450D5E10B3F3A2A93BCDCF297BD90F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents the portion of consolidated total income for the period, before taxes, which is attributable to the parent. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_TotalIncome" xlink:label="loc_bac_TotalIncome_6E450D5E10B3F3A2A93BCDCF297BD90F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_TotalIncome_6E450D5E10B3F3A2A93BCDCF297BD90F" xlink:to="lab_bac_TotalIncome_6E450D5E10B3F3A2A93BCDCF297BD90F" xlink:type="arc"/>
<link:label id="lab_us-gaap_InterestExpenseBorrowings_7EA651991C76F743CFE5CDCF29841A37_terseLabel_en-US" xlink:label="lab_us-gaap_InterestExpenseBorrowings_7EA651991C76F743CFE5CDCF29841A37" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Interest on Borrowed Funds </link:label>
<link:label id="lab_us-gaap_InterestExpenseBorrowings_7EA651991C76F743CFE5CDCF29841A37_label_en-US" xlink:label="lab_us-gaap_InterestExpenseBorrowings_7EA651991C76F743CFE5CDCF29841A37" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Expense, Borrowings </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_InterestExpenseBorrowings" xlink:label="loc_us-gaap_InterestExpenseBorrowings_7EA651991C76F743CFE5CDCF29841A37" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestExpenseBorrowings_7EA651991C76F743CFE5CDCF29841A37" xlink:to="lab_us-gaap_InterestExpenseBorrowings_7EA651991C76F743CFE5CDCF29841A37" xlink:type="arc"/>
<link:label id="lab_us-gaap_NoninterestExpense_A6B5DEB10F1CA693CBD5CDCF298E9FDD_terseLabel_en-US" xlink:label="lab_us-gaap_NoninterestExpense_A6B5DEB10F1CA693CBD5CDCF298E9FDD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Noninterest Expense </link:label>
<link:label id="lab_us-gaap_NoninterestExpense_A6B5DEB10F1CA693CBD5CDCF298E9FDD_label_en-US" xlink:label="lab_us-gaap_NoninterestExpense_A6B5DEB10F1CA693CBD5CDCF298E9FDD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Noninterest Expense </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_NoninterestExpense" xlink:label="loc_us-gaap_NoninterestExpense_A6B5DEB10F1CA693CBD5CDCF298E9FDD" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NoninterestExpense_A6B5DEB10F1CA693CBD5CDCF298E9FDD" xlink:to="lab_us-gaap_NoninterestExpense_A6B5DEB10F1CA693CBD5CDCF298E9FDD" xlink:type="arc"/>
<link:label id="lab_bac_TotalExpense_4AC5EB35F3E5DDBBE966CDCF2998ECD3_totalLabel_en-US" xlink:label="lab_bac_TotalExpense_4AC5EB35F3E5DDBBE966CDCF2998ECD3" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total Expense </link:label>
<link:label id="lab_bac_TotalExpense_4AC5EB35F3E5DDBBE966CDCF2998ECD3_label_en-US" xlink:label="lab_bac_TotalExpense_4AC5EB35F3E5DDBBE966CDCF2998ECD3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Total Expense </link:label>
<link:label id="lab_bac_TotalExpense_4AC5EB35F3E5DDBBE966CDCF2998ECD3_documentation_en-US" xlink:label="lab_bac_TotalExpense_4AC5EB35F3E5DDBBE966CDCF2998ECD3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents total expense which is attibutable to the parent. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_TotalExpense" xlink:label="loc_bac_TotalExpense_4AC5EB35F3E5DDBBE966CDCF2998ECD3" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_TotalExpense_4AC5EB35F3E5DDBBE966CDCF2998ECD3" xlink:to="lab_bac_TotalExpense_4AC5EB35F3E5DDBBE966CDCF2998ECD3" xlink:type="arc"/>
<link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments_BBDB74BFFE4C78DB80A8CDCF29A20727_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments_BBDB74BFFE4C78DB80A8CDCF29A20727" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Income (Loss) before Income Taxes and Equity in Undistributed Earnings of Subsidiaries </link:label>
<link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments_BBDB74BFFE4C78DB80A8CDCF29A20727_label_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments_BBDB74BFFE4C78DB80A8CDCF29A20727" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Extraordinary Items, Noncontrolling Interest </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments_BBDB74BFFE4C78DB80A8CDCF29A20727" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments_BBDB74BFFE4C78DB80A8CDCF29A20727" xlink:to="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments_BBDB74BFFE4C78DB80A8CDCF29A20727" xlink:type="arc"/>
<link:label id="lab_us-gaap_IncomeTaxExpenseBenefit_82E5D0FD3C0BE09BD07BCDCF29AD7A49_verboseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxExpenseBenefit_82E5D0FD3C0BE09BD07BCDCF29AD7A49" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Income tax benefit </link:label>
<link:label id="lab_us-gaap_IncomeTaxExpenseBenefit_82E5D0FD3C0BE09BD07BCDCF29AD7A49_label_en-US" xlink:label="lab_us-gaap_IncomeTaxExpenseBenefit_82E5D0FD3C0BE09BD07BCDCF29AD7A49" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Income Tax Expense (Benefit) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_IncomeTaxExpenseBenefit_82E5D0FD3C0BE09BD07BCDCF29AD7A49" xlink:type="locator"/>
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<link:label id="lab_bac_IncomeBeforeEquityInUndistributedEarningsOfSubsidiaries_D0860E5181DB67BA1B0CCDCF29B7EE12_totalLabel_en-US" xlink:label="lab_bac_IncomeBeforeEquityInUndistributedEarningsOfSubsidiaries_D0860E5181DB67BA1B0CCDCF29B7EE12" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Income Before Equity In Undistributed Earnings Of Subsidiaries </link:label>
<link:label id="lab_bac_IncomeBeforeEquityInUndistributedEarningsOfSubsidiaries_D0860E5181DB67BA1B0CCDCF29B7EE12_label_en-US" xlink:label="lab_bac_IncomeBeforeEquityInUndistributedEarningsOfSubsidiaries_D0860E5181DB67BA1B0CCDCF29B7EE12" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Income Before Equity In Undistributed Earnings Of Subsidiaries </link:label>
<link:label id="lab_bac_IncomeBeforeEquityInUndistributedEarningsOfSubsidiaries_D0860E5181DB67BA1B0CCDCF29B7EE12_documentation_en-US" xlink:label="lab_bac_IncomeBeforeEquityInUndistributedEarningsOfSubsidiaries_D0860E5181DB67BA1B0CCDCF29B7EE12" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents income before equity in undistributed earnings of subsidiaries. </link:label>
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<link:label id="lab_bac_EquityInUndistributedEarningsLossesInBankHoldingCompaniesAndRelatedSubsidiaries_EE36F427AB1F3030A7EACDCF29C39BCB_terseLabel_en-US" xlink:label="lab_bac_EquityInUndistributedEarningsLossesInBankHoldingCompaniesAndRelatedSubsidiaries_EE36F427AB1F3030A7EACDCF29C39BCB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Equity In Undistributed Earnings Losses In Bank Holding Companies And Related Subsidiaries </link:label>
<link:label id="lab_bac_EquityInUndistributedEarningsLossesInBankHoldingCompaniesAndRelatedSubsidiaries_EE36F427AB1F3030A7EACDCF29C39BCB_label_en-US" xlink:label="lab_bac_EquityInUndistributedEarningsLossesInBankHoldingCompaniesAndRelatedSubsidiaries_EE36F427AB1F3030A7EACDCF29C39BCB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Equity In Undistributed Earnings Losses In Bank Holding Companies And Related Subsidiaries </link:label>
<link:label id="lab_bac_EquityInUndistributedEarningsLossesInBankHoldingCompaniesAndRelatedSubsidiaries_EE36F427AB1F3030A7EACDCF29C39BCB_documentation_en-US" xlink:label="lab_bac_EquityInUndistributedEarningsLossesInBankHoldingCompaniesAndRelatedSubsidiaries_EE36F427AB1F3030A7EACDCF29C39BCB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents equity in undistributed earnings (losses) in Bank holding companies and related subsidiaries. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_EquityInUndistributedEarningsLossesInBankHoldingCompaniesAndRelatedSubsidiaries" xlink:label="loc_bac_EquityInUndistributedEarningsLossesInBankHoldingCompaniesAndRelatedSubsidiaries_EE36F427AB1F3030A7EACDCF29C39BCB" xlink:type="locator"/>
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<link:label id="lab_bac_EquityInUndistributedEarningsLossesInNonbankCompaniesAndRelatedSubsidiaries_4F43C4AF02880A1F95ADCDCF29CEA536_terseLabel_en-US" xlink:label="lab_bac_EquityInUndistributedEarningsLossesInNonbankCompaniesAndRelatedSubsidiaries_4F43C4AF02880A1F95ADCDCF29CEA536" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Equity In Undistributed Earnings Losses In Nonbank Companies And Related Subsidiaries </link:label>
<link:label id="lab_bac_EquityInUndistributedEarningsLossesInNonbankCompaniesAndRelatedSubsidiaries_4F43C4AF02880A1F95ADCDCF29CEA536_label_en-US" xlink:label="lab_bac_EquityInUndistributedEarningsLossesInNonbankCompaniesAndRelatedSubsidiaries_4F43C4AF02880A1F95ADCDCF29CEA536" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Equity In Undistributed Earnings Losses In Nonbank Companies And Related Subsidiaries </link:label>
<link:label id="lab_bac_EquityInUndistributedEarningsLossesInNonbankCompaniesAndRelatedSubsidiaries_4F43C4AF02880A1F95ADCDCF29CEA536_documentation_en-US" xlink:label="lab_bac_EquityInUndistributedEarningsLossesInNonbankCompaniesAndRelatedSubsidiaries_4F43C4AF02880A1F95ADCDCF29CEA536" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents equity in undistributed earnings (losses) in Nonbank companies and related subsidiaries. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_EquityInUndistributedEarningsLossesInNonbankCompaniesAndRelatedSubsidiaries" xlink:label="loc_bac_EquityInUndistributedEarningsLossesInNonbankCompaniesAndRelatedSubsidiaries_4F43C4AF02880A1F95ADCDCF29CEA536" xlink:type="locator"/>
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<link:label id="lab_bac_TotalEquityInUndistributedEarningsLossesOfSubsidiaries_4A914E339E5611EC02DFCDCF29DA02DB_totalLabel_en-US" xlink:label="lab_bac_TotalEquityInUndistributedEarningsLossesOfSubsidiaries_4A914E339E5611EC02DFCDCF29DA02DB" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total Equity In Undistributed Earnings (Losses) Of Subsidiaries </link:label>
<link:label id="lab_bac_TotalEquityInUndistributedEarningsLossesOfSubsidiaries_4A914E339E5611EC02DFCDCF29DA02DB_label_en-US" xlink:label="lab_bac_TotalEquityInUndistributedEarningsLossesOfSubsidiaries_4A914E339E5611EC02DFCDCF29DA02DB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Total Equity In Undistributed Earnings Losses Of Subsidiaries </link:label>
<link:label id="lab_bac_TotalEquityInUndistributedEarningsLossesOfSubsidiaries_4A914E339E5611EC02DFCDCF29DA02DB_documentation_en-US" xlink:label="lab_bac_TotalEquityInUndistributedEarningsLossesOfSubsidiaries_4A914E339E5611EC02DFCDCF29DA02DB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents total equity in undistributed earnings (losses) of subsidiaries. </link:label>
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<link:label id="lab_bac_ProvisionForRepresentationsAndWarranties_1F2461FA4CADD307E247994DFAC45409_terseLabel_en-US" xlink:label="lab_bac_ProvisionForRepresentationsAndWarranties_1F2461FA4CADD307E247994DFAC45409" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Provision For Representations And Warranties </link:label>
<link:label id="lab_bac_ProvisionForRepresentationsAndWarranties_1F2461FA4CADD307E247994DFAC45409_label_en-US" xlink:label="lab_bac_ProvisionForRepresentationsAndWarranties_1F2461FA4CADD307E247994DFAC45409" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Provision For Representations And Warranties </link:label>
<link:label id="lab_bac_ProvisionForRepresentationsAndWarranties_1F2461FA4CADD307E247994DFAC45409_documentation_en-US" xlink:label="lab_bac_ProvisionForRepresentationsAndWarranties_1F2461FA4CADD307E247994DFAC45409" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Provision for representations and warranties made in connection with the sales of mortgage and home equity loans. As a noncash item, this amount is added back to net income when calculating cash provided by or used in operations using the indirect method. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ProvisionForRepresentationsAndWarranties" xlink:label="loc_bac_ProvisionForRepresentationsAndWarranties_1F2461FA4CADD307E247994DFAC45409" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipByIncomeStatementLocationByDerivativeInstrumentRiskTable_BB712559A6E9E319276FA2E9ACB7E007_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipByIncomeStatementLocationByDerivativeInstrumentRiskTable_BB712559A6E9E319276FA2E9ACB7E007" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative Instruments, Gain (Loss) by Hedging Relationship, by Income Statement Location, by Derivative Instrument Risk [Table] </link:label>
<link:label id="lab_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipByIncomeStatementLocationByDerivativeInstrumentRiskTable_BB712559A6E9E319276FA2E9ACB7E007_label_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipByIncomeStatementLocationByDerivativeInstrumentRiskTable_BB712559A6E9E319276FA2E9ACB7E007" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Instruments, Gain (Loss) by Hedging Relationship, by Income Statement Location, by Derivative Instrument Risk [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipByIncomeStatementLocationByDerivativeInstrumentRiskTable" xlink:label="loc_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipByIncomeStatementLocationByDerivativeInstrumentRiskTable_BB712559A6E9E319276FA2E9ACB7E007" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DerivativeInstrumentRiskAxis_3DE04B84F814CFEB39E4A2E9ACB77D13_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentRiskAxis_3DE04B84F814CFEB39E4A2E9ACB77D13" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative Instrument Risk [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DerivativeInstrumentRiskAxis" xlink:label="loc_us-gaap_DerivativeInstrumentRiskAxis_3DE04B84F814CFEB39E4A2E9ACB77D13" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DerivativeContractTypeDomain_158CF10AD74AAADFF486A2E9ACB71124_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeContractTypeDomain_158CF10AD74AAADFF486A2E9ACB71124" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative Contract Type [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="loc_us-gaap_DerivativeContractTypeDomain_158CF10AD74AAADFF486A2E9ACB71124" xlink:type="locator"/>
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<link:label id="lab_us-gaap_InterestRateRiskMember_0C37BBD085AD9251109EA2EA5EE1D9E9_label_en-US" xlink:label="lab_us-gaap_InterestRateRiskMember_0C37BBD085AD9251109EA2EA5EE1D9E9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Rate Risk [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_InterestRateRiskMember" xlink:label="loc_us-gaap_InterestRateRiskMember_0C37BBD085AD9251109EA2EA5EE1D9E9" xlink:type="locator"/>
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<link:label id="lab_bac_InterestRateRiskOnLongTernDebtMember_A84EFD857A124A31B3B8A2EB038F2694_label_en-US" xlink:label="lab_bac_InterestRateRiskOnLongTernDebtMember_A84EFD857A124A31B3B8A2EB038F2694" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Rate Risk On Long Tern Debt [Member] </link:label>
<link:label id="lab_bac_InterestRateRiskOnLongTernDebtMember_A84EFD857A124A31B3B8A2EB038F2694_documentation_en-US" xlink:label="lab_bac_InterestRateRiskOnLongTernDebtMember_A84EFD857A124A31B3B8A2EB038F2694" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Interest Rate Risk On Long Tern Debt [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_InterestRateRiskOnLongTernDebtMember" xlink:label="loc_bac_InterestRateRiskOnLongTernDebtMember_A84EFD857A124A31B3B8A2EB038F2694" xlink:type="locator"/>
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<link:label id="lab_bac_InterestRateAndForeignCurrencyRiskOnLongTermDebtMember_A83902FAE0E483DB5F07A2EBEEC59C2B_label_en-US" xlink:label="lab_bac_InterestRateAndForeignCurrencyRiskOnLongTermDebtMember_A83902FAE0E483DB5F07A2EBEEC59C2B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Rate and Foreign Currency Risk on Long Term Debt [Member] </link:label>
<link:label id="lab_bac_InterestRateAndForeignCurrencyRiskOnLongTermDebtMember_A83902FAE0E483DB5F07A2EBEEC59C2B_documentation_en-US" xlink:label="lab_bac_InterestRateAndForeignCurrencyRiskOnLongTermDebtMember_A83902FAE0E483DB5F07A2EBEEC59C2B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Interest rate and foreign currency risk on long-term debt. </link:label>
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<link:label id="lab_bac_InterestRateRiskOnAvailableForSaleSecuritiesMember_5A99AC0B7F9FAF1817E2A2EC12EBE0F8_label_en-US" xlink:label="lab_bac_InterestRateRiskOnAvailableForSaleSecuritiesMember_5A99AC0B7F9FAF1817E2A2EC12EBE0F8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Rate Risk on Available For Sale Securities [Member] </link:label>
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<link:label id="lab_us-gaap_DerivativeInstrumentsGainLossByIncomeStatementLocationAxis_DDDFA903416733565AF1A2E9ACB8412F_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsGainLossByIncomeStatementLocationAxis_DDDFA903416733565AF1A2E9ACB8412F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative Instruments, Gain (Loss) by Income Statement Location [Axis] </link:label>
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<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_BankOfAmericaNAAndOtherSubsidiariesMember_C3907E326102FA494E785B209EFE87B2" xlink:to="lab_bac_BankOfAmericaNAAndOtherSubsidiariesMember_C3907E326102FA494E785B209EFE87B2" xlink:type="arc"/>
<link:label id="lab_us-gaap_SubsidiariesMember_B4A48ED2132CB3DAEC5F5B3351C25F01_terseLabel_en-US" xlink:label="lab_us-gaap_SubsidiariesMember_B4A48ED2132CB3DAEC5F5B3351C25F01" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Subsidiaries [Member] </link:label>
<link:label id="lab_us-gaap_SubsidiariesMember_B4A48ED2132CB3DAEC5F5B3351C25F01_label_en-US" xlink:label="lab_us-gaap_SubsidiariesMember_B4A48ED2132CB3DAEC5F5B3351C25F01" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Subsidiaries [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_SubsidiariesMember" xlink:label="loc_us-gaap_SubsidiariesMember_B4A48ED2132CB3DAEC5F5B3351C25F01" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SubsidiariesMember_B4A48ED2132CB3DAEC5F5B3351C25F01" xlink:to="lab_us-gaap_SubsidiariesMember_B4A48ED2132CB3DAEC5F5B3351C25F01" xlink:type="arc"/>
<link:label id="lab_bac_InformationByCategoryOfDebtInstrumentAxis_65C3244DD8AC702217575B3D6332674E_terseLabel_en-US" xlink:label="lab_bac_InformationByCategoryOfDebtInstrumentAxis_65C3244DD8AC702217575B3D6332674E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Information by Category of Debt Instrument [Axis] </link:label>
<link:label id="lab_bac_InformationByCategoryOfDebtInstrumentAxis_65C3244DD8AC702217575B3D6332674E_label_en-US" xlink:label="lab_bac_InformationByCategoryOfDebtInstrumentAxis_65C3244DD8AC702217575B3D6332674E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Information by Category of Debt Instrument [Axis] </link:label>
<link:label id="lab_bac_InformationByCategoryOfDebtInstrumentAxis_65C3244DD8AC702217575B3D6332674E_documentation_en-US" xlink:label="lab_bac_InformationByCategoryOfDebtInstrumentAxis_65C3244DD8AC702217575B3D6332674E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Information by Category of Debt Instrument [Axis] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_InformationByCategoryOfDebtInstrumentAxis" xlink:label="loc_bac_InformationByCategoryOfDebtInstrumentAxis_65C3244DD8AC702217575B3D6332674E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_InformationByCategoryOfDebtInstrumentAxis_65C3244DD8AC702217575B3D6332674E" xlink:to="lab_bac_InformationByCategoryOfDebtInstrumentAxis_65C3244DD8AC702217575B3D6332674E" xlink:type="arc"/>
<link:label id="lab_bac_InformationByCategoryOfDebtInstrumentDomain_383F3305012792C49E975B3D6333B683_terseLabel_en-US" xlink:label="lab_bac_InformationByCategoryOfDebtInstrumentDomain_383F3305012792C49E975B3D6333B683" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Information by Category of Debt Instrument [Domain] </link:label>
<link:label id="lab_bac_InformationByCategoryOfDebtInstrumentDomain_383F3305012792C49E975B3D6333B683_label_en-US" xlink:label="lab_bac_InformationByCategoryOfDebtInstrumentDomain_383F3305012792C49E975B3D6333B683" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Information by Category of Debt Instrument [Domain] </link:label>
<link:label id="lab_bac_InformationByCategoryOfDebtInstrumentDomain_383F3305012792C49E975B3D6333B683_documentation_en-US" xlink:label="lab_bac_InformationByCategoryOfDebtInstrumentDomain_383F3305012792C49E975B3D6333B683" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Information by Category of Debt Instrument [Domain] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_InformationByCategoryOfDebtInstrumentDomain" xlink:label="loc_bac_InformationByCategoryOfDebtInstrumentDomain_383F3305012792C49E975B3D6333B683" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_InformationByCategoryOfDebtInstrumentDomain_383F3305012792C49E975B3D6333B683" xlink:to="lab_bac_InformationByCategoryOfDebtInstrumentDomain_383F3305012792C49E975B3D6333B683" xlink:type="arc"/>
<link:label id="lab_bac_FixedRateMember_1C412B28DC691BFE0E4D5AF31DCD8940_terseLabel_en-US" xlink:label="lab_bac_FixedRateMember_1C412B28DC691BFE0E4D5AF31DCD8940" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fixed Rate [Member] </link:label>
<link:label id="lab_bac_FixedRateMember_1C412B28DC691BFE0E4D5AF31DCD8940_label_en-US" xlink:label="lab_bac_FixedRateMember_1C412B28DC691BFE0E4D5AF31DCD8940" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fixed Rate [Member] </link:label>
<link:label id="lab_bac_FixedRateMember_1C412B28DC691BFE0E4D5AF31DCD8940_documentation_en-US" xlink:label="lab_bac_FixedRateMember_1C412B28DC691BFE0E4D5AF31DCD8940" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Fixed Rate [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_FixedRateMember" xlink:label="loc_bac_FixedRateMember_1C412B28DC691BFE0E4D5AF31DCD8940" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_FixedRateMember_1C412B28DC691BFE0E4D5AF31DCD8940" xlink:to="lab_bac_FixedRateMember_1C412B28DC691BFE0E4D5AF31DCD8940" xlink:type="arc"/>
<link:label id="lab_bac_FloatingRateMember_EFFEF906167058BB207C5B1D450B6BAF_terseLabel_en-US" xlink:label="lab_bac_FloatingRateMember_EFFEF906167058BB207C5B1D450B6BAF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Floating Rate [Member] </link:label>
<link:label id="lab_bac_FloatingRateMember_EFFEF906167058BB207C5B1D450B6BAF_label_en-US" xlink:label="lab_bac_FloatingRateMember_EFFEF906167058BB207C5B1D450B6BAF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Floating Rate [Member] </link:label>
<link:label id="lab_bac_FloatingRateMember_EFFEF906167058BB207C5B1D450B6BAF_documentation_en-US" xlink:label="lab_bac_FloatingRateMember_EFFEF906167058BB207C5B1D450B6BAF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Floating Rate Member. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_FloatingRateMember" xlink:label="loc_bac_FloatingRateMember_EFFEF906167058BB207C5B1D450B6BAF" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_FloatingRateMember_EFFEF906167058BB207C5B1D450B6BAF" xlink:to="lab_bac_FloatingRateMember_EFFEF906167058BB207C5B1D450B6BAF" xlink:type="arc"/>
<link:label id="lab_bac_SeniorStructuredNotesMember_4DA23A0E2A0F8BE19D205B1D7252EFDC_terseLabel_en-US" xlink:label="lab_bac_SeniorStructuredNotesMember_4DA23A0E2A0F8BE19D205B1D7252EFDC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Structured Notes [Member] </link:label>
<link:label id="lab_bac_SeniorStructuredNotesMember_4DA23A0E2A0F8BE19D205B1D7252EFDC_label_en-US" xlink:label="lab_bac_SeniorStructuredNotesMember_4DA23A0E2A0F8BE19D205B1D7252EFDC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Senior Structured Notes [Member] </link:label>
<link:label id="lab_bac_SeniorStructuredNotesMember_4DA23A0E2A0F8BE19D205B1D7252EFDC_documentation_en-US" xlink:label="lab_bac_SeniorStructuredNotesMember_4DA23A0E2A0F8BE19D205B1D7252EFDC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Senior Structured Notes [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_SeniorStructuredNotesMember" xlink:label="loc_bac_SeniorStructuredNotesMember_4DA23A0E2A0F8BE19D205B1D7252EFDC" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_SeniorStructuredNotesMember_4DA23A0E2A0F8BE19D205B1D7252EFDC" xlink:to="lab_bac_SeniorStructuredNotesMember_4DA23A0E2A0F8BE19D205B1D7252EFDC" xlink:type="arc"/>
<link:label id="lab_bac_OtherLongTermDebtMember_A351CA2545FD3D2986D45B1F292D2E24_terseLabel_en-US" xlink:label="lab_bac_OtherLongTermDebtMember_A351CA2545FD3D2986D45B1F292D2E24" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other Long-term Debt [Member] </link:label>
<link:label id="lab_bac_OtherLongTermDebtMember_A351CA2545FD3D2986D45B1F292D2E24_label_en-US" xlink:label="lab_bac_OtherLongTermDebtMember_A351CA2545FD3D2986D45B1F292D2E24" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Long-term Debt [Member] </link:label>
<link:label id="lab_bac_OtherLongTermDebtMember_A351CA2545FD3D2986D45B1F292D2E24_documentation_en-US" xlink:label="lab_bac_OtherLongTermDebtMember_A351CA2545FD3D2986D45B1F292D2E24" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Other long-term debt member. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_OtherLongTermDebtMember" xlink:label="loc_bac_OtherLongTermDebtMember_A351CA2545FD3D2986D45B1F292D2E24" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_OtherLongTermDebtMember_A351CA2545FD3D2986D45B1F292D2E24" xlink:to="lab_bac_OtherLongTermDebtMember_A351CA2545FD3D2986D45B1F292D2E24" xlink:type="arc"/>
<link:label id="lab_us-gaap_SeniorNotes_323609C8EBCB1ED8695C5AF31DA74C89_terseLabel_en-US" xlink:label="lab_us-gaap_SeniorNotes_323609C8EBCB1ED8695C5AF31DA74C89" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Senior Notes </link:label>
<link:label id="lab_us-gaap_SeniorNotes_323609C8EBCB1ED8695C5AF31DA74C89_label_en-US" xlink:label="lab_us-gaap_SeniorNotes_323609C8EBCB1ED8695C5AF31DA74C89" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Senior Notes </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_SeniorNotes" xlink:label="loc_us-gaap_SeniorNotes_323609C8EBCB1ED8695C5AF31DA74C89" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SeniorNotes_323609C8EBCB1ED8695C5AF31DA74C89" xlink:to="lab_us-gaap_SeniorNotes_323609C8EBCB1ED8695C5AF31DA74C89" xlink:type="arc"/>
<link:label id="lab_us-gaap_SubordinatedDebt_8E7B2C80A3001A4959595B07B4F13C44_terseLabel_en-US" xlink:label="lab_us-gaap_SubordinatedDebt_8E7B2C80A3001A4959595B07B4F13C44" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Subordinated Debt </link:label>
<link:label id="lab_us-gaap_SubordinatedDebt_8E7B2C80A3001A4959595B07B4F13C44_label_en-US" xlink:label="lab_us-gaap_SubordinatedDebt_8E7B2C80A3001A4959595B07B4F13C44" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Subordinated Debt </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_SubordinatedDebt" xlink:label="loc_us-gaap_SubordinatedDebt_8E7B2C80A3001A4959595B07B4F13C44" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SubordinatedDebt_8E7B2C80A3001A4959595B07B4F13C44" xlink:to="lab_us-gaap_SubordinatedDebt_8E7B2C80A3001A4959595B07B4F13C44" xlink:type="arc"/>
<link:label id="lab_us-gaap_JuniorSubordinatedNotes_E5946026A52EF65745FF5B0838AB0807_terseLabel_en-US" xlink:label="lab_us-gaap_JuniorSubordinatedNotes_E5946026A52EF65745FF5B0838AB0807" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Junior Subordinated Notes </link:label>
<link:label id="lab_us-gaap_JuniorSubordinatedNotes_E5946026A52EF65745FF5B0838AB0807_label_en-US" xlink:label="lab_us-gaap_JuniorSubordinatedNotes_E5946026A52EF65745FF5B0838AB0807" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Junior Subordinated Notes </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_JuniorSubordinatedNotes" xlink:label="loc_us-gaap_JuniorSubordinatedNotes_E5946026A52EF65745FF5B0838AB0807" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_JuniorSubordinatedNotes_E5946026A52EF65745FF5B0838AB0807" xlink:to="lab_us-gaap_JuniorSubordinatedNotes_E5946026A52EF65745FF5B0838AB0807" xlink:type="arc"/>
<link:label id="lab_us-gaap_FederalHomeLoanBankAdvancesLongTerm_29964F59BB2595A0CBFC5B0C5B7F6107_terseLabel_en-US" xlink:label="lab_us-gaap_FederalHomeLoanBankAdvancesLongTerm_29964F59BB2595A0CBFC5B0C5B7F6107" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Advances from Federal Home Loan Banks </link:label>
<link:label id="lab_us-gaap_FederalHomeLoanBankAdvancesLongTerm_29964F59BB2595A0CBFC5B0C5B7F6107_label_en-US" xlink:label="lab_us-gaap_FederalHomeLoanBankAdvancesLongTerm_29964F59BB2595A0CBFC5B0C5B7F6107" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Long-term Federal Home Loan Bank Advances </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FederalHomeLoanBankAdvancesLongTerm" xlink:label="loc_us-gaap_FederalHomeLoanBankAdvancesLongTerm_29964F59BB2595A0CBFC5B0C5B7F6107" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FederalHomeLoanBankAdvancesLongTerm_29964F59BB2595A0CBFC5B0C5B7F6107" xlink:to="lab_us-gaap_FederalHomeLoanBankAdvancesLongTerm_29964F59BB2595A0CBFC5B0C5B7F6107" xlink:type="arc"/>
<link:label id="lab_us-gaap_OtherLongTermDebt_D7B6EF3E851BADD1CB175B098D4CE6A4_terseLabel_en-US" xlink:label="lab_us-gaap_OtherLongTermDebt_D7B6EF3E851BADD1CB175B098D4CE6A4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other Long-term Debt </link:label>
<link:label id="lab_us-gaap_OtherLongTermDebt_D7B6EF3E851BADD1CB175B098D4CE6A4_label_en-US" xlink:label="lab_us-gaap_OtherLongTermDebt_D7B6EF3E851BADD1CB175B098D4CE6A4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Long-term Debt </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_OtherLongTermDebt" xlink:label="loc_us-gaap_OtherLongTermDebt_D7B6EF3E851BADD1CB175B098D4CE6A4" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherLongTermDebt_D7B6EF3E851BADD1CB175B098D4CE6A4" xlink:to="lab_us-gaap_OtherLongTermDebt_D7B6EF3E851BADD1CB175B098D4CE6A4" xlink:type="arc"/>
<link:label id="lab_bac_LongTermDebtExcludingDebtOfConsolidatedVariableInterestEntities_8F8F39C9C0B04175D2DD5B2767438F7E_terseLabel_en-US" xlink:label="lab_bac_LongTermDebtExcludingDebtOfConsolidatedVariableInterestEntities_8F8F39C9C0B04175D2DD5B2767438F7E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total Long Term Debt Excluding Consolidated VIEs </link:label>
<link:label id="lab_bac_LongTermDebtExcludingDebtOfConsolidatedVariableInterestEntities_8F8F39C9C0B04175D2DD5B2767438F7E_label_en-US" xlink:label="lab_bac_LongTermDebtExcludingDebtOfConsolidatedVariableInterestEntities_8F8F39C9C0B04175D2DD5B2767438F7E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Long Term Debt Excluding Debt of Consolidated Variable Interest Entities </link:label>
<link:label id="lab_bac_LongTermDebtExcludingDebtOfConsolidatedVariableInterestEntities_8F8F39C9C0B04175D2DD5B2767438F7E_documentation_en-US" xlink:label="lab_bac_LongTermDebtExcludingDebtOfConsolidatedVariableInterestEntities_8F8F39C9C0B04175D2DD5B2767438F7E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Long Term Debt Excluding Debt of Consolidated Variable Interest Entities </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_LongTermDebtExcludingDebtOfConsolidatedVariableInterestEntities" xlink:label="loc_bac_LongTermDebtExcludingDebtOfConsolidatedVariableInterestEntities_8F8F39C9C0B04175D2DD5B2767438F7E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_LongTermDebtExcludingDebtOfConsolidatedVariableInterestEntities_8F8F39C9C0B04175D2DD5B2767438F7E" xlink:to="lab_bac_LongTermDebtExcludingDebtOfConsolidatedVariableInterestEntities_8F8F39C9C0B04175D2DD5B2767438F7E" xlink:type="arc"/>
<link:label id="lab_us-gaap_SignificantAccountingPoliciesTextBlock_3F2B96C6D2156EB7406154FC020D42F7_terseLabel_en-US" xlink:label="lab_us-gaap_SignificantAccountingPoliciesTextBlock_3F2B96C6D2156EB7406154FC020D42F7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Significant Accounting Policies [Text Block] </link:label>
<link:label id="lab_us-gaap_SignificantAccountingPoliciesTextBlock_3F2B96C6D2156EB7406154FC020D42F7_label_en-US" xlink:label="lab_us-gaap_SignificantAccountingPoliciesTextBlock_3F2B96C6D2156EB7406154FC020D42F7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Significant Accounting Policies [Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_SignificantAccountingPoliciesTextBlock" xlink:label="loc_us-gaap_SignificantAccountingPoliciesTextBlock_3F2B96C6D2156EB7406154FC020D42F7" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SignificantAccountingPoliciesTextBlock_3F2B96C6D2156EB7406154FC020D42F7" xlink:to="lab_us-gaap_SignificantAccountingPoliciesTextBlock_3F2B96C6D2156EB7406154FC020D42F7" xlink:type="arc"/>
<link:label id="lab_bac_FinancingReceivableInformationBySubPortfolioSegmentAxis_0B081A102AD87EE9B849664FC8577FF6_label_en-US" xlink:label="lab_bac_FinancingReceivableInformationBySubPortfolioSegmentAxis_0B081A102AD87EE9B849664FC8577FF6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivable Information By Sub Portfolio Segment [Axis] </link:label>
<link:label id="lab_bac_FinancingReceivableInformationBySubPortfolioSegmentAxis_0B081A102AD87EE9B849664FC8577FF6_documentation_en-US" xlink:label="lab_bac_FinancingReceivableInformationBySubPortfolioSegmentAxis_0B081A102AD87EE9B849664FC8577FF6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Information by financing receivable sub-portfolio segment. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_FinancingReceivableInformationBySubPortfolioSegmentAxis" xlink:label="loc_bac_FinancingReceivableInformationBySubPortfolioSegmentAxis_0B081A102AD87EE9B849664FC8577FF6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_FinancingReceivableInformationBySubPortfolioSegmentAxis_0B081A102AD87EE9B849664FC8577FF6" xlink:to="lab_bac_FinancingReceivableInformationBySubPortfolioSegmentAxis_0B081A102AD87EE9B849664FC8577FF6" xlink:type="arc"/>
<link:label id="lab_bac_FinancingReceivableInformationBySubPortfolioSegmentDomain_5EC548F76D2E886F93C8664FC97993B4_label_en-US" xlink:label="lab_bac_FinancingReceivableInformationBySubPortfolioSegmentDomain_5EC548F76D2E886F93C8664FC97993B4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivable Information By Sub Portfolio Segment [Domain] </link:label>
<link:label id="lab_bac_FinancingReceivableInformationBySubPortfolioSegmentDomain_5EC548F76D2E886F93C8664FC97993B4_documentation_en-US" xlink:label="lab_bac_FinancingReceivableInformationBySubPortfolioSegmentDomain_5EC548F76D2E886F93C8664FC97993B4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents financing receivable sub-portfolio segments. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_FinancingReceivableInformationBySubPortfolioSegmentDomain" xlink:label="loc_bac_FinancingReceivableInformationBySubPortfolioSegmentDomain_5EC548F76D2E886F93C8664FC97993B4" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_FinancingReceivableInformationBySubPortfolioSegmentDomain_5EC548F76D2E886F93C8664FC97993B4" xlink:to="lab_bac_FinancingReceivableInformationBySubPortfolioSegmentDomain_5EC548F76D2E886F93C8664FC97993B4" xlink:type="arc"/>
<link:label id="lab_bac_CoreSubPortfolioSegmentMember_C16E3BAF1F126C996A4B664FC8933020_label_en-US" xlink:label="lab_bac_CoreSubPortfolioSegmentMember_C16E3BAF1F126C996A4B664FC8933020" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Core Sub Portfolio Segment [Member] </link:label>
<link:label id="lab_bac_CoreSubPortfolioSegmentMember_C16E3BAF1F126C996A4B664FC8933020_documentation_en-US" xlink:label="lab_bac_CoreSubPortfolioSegmentMember_C16E3BAF1F126C996A4B664FC8933020" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Sub-portfolio segment of the company's total financing receivables related to the Core Portfolio. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CoreSubPortfolioSegmentMember" xlink:label="loc_bac_CoreSubPortfolioSegmentMember_C16E3BAF1F126C996A4B664FC8933020" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CoreSubPortfolioSegmentMember_C16E3BAF1F126C996A4B664FC8933020" xlink:to="lab_bac_CoreSubPortfolioSegmentMember_C16E3BAF1F126C996A4B664FC8933020" xlink:type="arc"/>
<link:label id="lab_bac_LegacyAssetServicingSubPortfolioSegmentMember_A0481643FBC0A0438A73664FFA61BB87_label_en-US" xlink:label="lab_bac_LegacyAssetServicingSubPortfolioSegmentMember_A0481643FBC0A0438A73664FFA61BB87" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Legacy Asset Servicing Sub Portfolio Segment [Member] </link:label>
<link:label id="lab_bac_LegacyAssetServicingSubPortfolioSegmentMember_A0481643FBC0A0438A73664FFA61BB87_documentation_en-US" xlink:label="lab_bac_LegacyAssetServicingSubPortfolioSegmentMember_A0481643FBC0A0438A73664FFA61BB87" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Sub-portfolio segment of the company's total financing receivables related to the Legacy Asset Servicing Portfolio. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_LegacyAssetServicingSubPortfolioSegmentMember" xlink:label="loc_bac_LegacyAssetServicingSubPortfolioSegmentMember_A0481643FBC0A0438A73664FFA61BB87" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_LegacyAssetServicingSubPortfolioSegmentMember_A0481643FBC0A0438A73664FFA61BB87" xlink:to="lab_bac_LegacyAssetServicingSubPortfolioSegmentMember_A0481643FBC0A0438A73664FFA61BB87" xlink:type="arc"/>
<link:label id="lab_bac_FinancingReceivableRecordedInvestmentClassOfFinancingReceivableDiscontinuedRealEstateMember_4E25A74F22DC91E08A576650285B9E84_terseLabel_en-US" xlink:label="lab_bac_FinancingReceivableRecordedInvestmentClassOfFinancingReceivableDiscontinuedRealEstateMember_4E25A74F22DC91E08A576650285B9E84" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Discontinued real estate </link:label>
<link:label id="lab_bac_FinancingReceivableRecordedInvestmentClassOfFinancingReceivableDiscontinuedRealEstateMember_4E25A74F22DC91E08A576650285B9E84_label_en-US" xlink:label="lab_bac_FinancingReceivableRecordedInvestmentClassOfFinancingReceivableDiscontinuedRealEstateMember_4E25A74F22DC91E08A576650285B9E84" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivable Recorded Investment Class Of Financing Receivable Discontinued Real Estate [Member] </link:label>
<link:label id="lab_bac_FinancingReceivableRecordedInvestmentClassOfFinancingReceivableDiscontinuedRealEstateMember_4E25A74F22DC91E08A576650285B9E84_documentation_en-US" xlink:label="lab_bac_FinancingReceivableRecordedInvestmentClassOfFinancingReceivableDiscontinuedRealEstateMember_4E25A74F22DC91E08A576650285B9E84" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Class of financing receivable related to real estate, which has been discontinued. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_FinancingReceivableRecordedInvestmentClassOfFinancingReceivableDiscontinuedRealEstateMember" xlink:label="loc_bac_FinancingReceivableRecordedInvestmentClassOfFinancingReceivableDiscontinuedRealEstateMember_4E25A74F22DC91E08A576650285B9E84" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_FinancingReceivableRecordedInvestmentClassOfFinancingReceivableDiscontinuedRealEstateMember_4E25A74F22DC91E08A576650285B9E84" xlink:to="lab_bac_FinancingReceivableRecordedInvestmentClassOfFinancingReceivableDiscontinuedRealEstateMember_4E25A74F22DC91E08A576650285B9E84" xlink:type="arc"/>
<link:label id="lab_us-gaap_ConsumerCreditCardFinancingReceivableMember_A10610E8B6D955E1A977665045C580FF_label_en-US" xlink:label="lab_us-gaap_ConsumerCreditCardFinancingReceivableMember_A10610E8B6D955E1A977665045C580FF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Consumer Credit Card Financing Receivable [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ConsumerCreditCardFinancingReceivableMember" xlink:label="loc_us-gaap_ConsumerCreditCardFinancingReceivableMember_A10610E8B6D955E1A977665045C580FF" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ConsumerCreditCardFinancingReceivableMember_A10610E8B6D955E1A977665045C580FF" xlink:to="lab_us-gaap_ConsumerCreditCardFinancingReceivableMember_A10610E8B6D955E1A977665045C580FF" xlink:type="arc"/>
<link:label id="lab_bac_DirectAndIndirectConsumerFinancingReceivableMember_9100B1DAA6597026C78D66505D2B5538_terseLabel_en-US" xlink:label="lab_bac_DirectAndIndirectConsumerFinancingReceivableMember_9100B1DAA6597026C78D66505D2B5538" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Direct/Indirect consumer </link:label>
<link:label id="lab_bac_DirectAndIndirectConsumerFinancingReceivableMember_9100B1DAA6597026C78D66505D2B5538_label_en-US" xlink:label="lab_bac_DirectAndIndirectConsumerFinancingReceivableMember_9100B1DAA6597026C78D66505D2B5538" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Direct And Indirect Consumer Financing Receivable [Member] </link:label>
<link:label id="lab_bac_DirectAndIndirectConsumerFinancingReceivableMember_9100B1DAA6597026C78D66505D2B5538_documentation_en-US" xlink:label="lab_bac_DirectAndIndirectConsumerFinancingReceivableMember_9100B1DAA6597026C78D66505D2B5538" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Class of financing receivables related to direct and indirect consumer financing receivables. Such receivables include dealer financial services loans, consumer lending, U.S. securities-based lending margin loans, student loans, non-U.S. consumer loans, and other consumer loans. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_DirectAndIndirectConsumerFinancingReceivableMember" xlink:label="loc_bac_DirectAndIndirectConsumerFinancingReceivableMember_9100B1DAA6597026C78D66505D2B5538" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_DirectAndIndirectConsumerFinancingReceivableMember_9100B1DAA6597026C78D66505D2B5538" xlink:to="lab_bac_DirectAndIndirectConsumerFinancingReceivableMember_9100B1DAA6597026C78D66505D2B5538" xlink:type="arc"/>
<link:label id="lab_us-gaap_ConsumerOtherFinancingReceivableMember_9AE2655D32CF52D89DBF66506CADB3A7_terseLabel_en-US" xlink:label="lab_us-gaap_ConsumerOtherFinancingReceivableMember_9AE2655D32CF52D89DBF66506CADB3A7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other consumer </link:label>
<link:label id="lab_us-gaap_ConsumerOtherFinancingReceivableMember_9AE2655D32CF52D89DBF66506CADB3A7_label_en-US" xlink:label="lab_us-gaap_ConsumerOtherFinancingReceivableMember_9AE2655D32CF52D89DBF66506CADB3A7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Consumer Other Financing Receivable [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ConsumerOtherFinancingReceivableMember" xlink:label="loc_us-gaap_ConsumerOtherFinancingReceivableMember_9AE2655D32CF52D89DBF66506CADB3A7" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ConsumerOtherFinancingReceivableMember_9AE2655D32CF52D89DBF66506CADB3A7" xlink:to="lab_us-gaap_ConsumerOtherFinancingReceivableMember_9AE2655D32CF52D89DBF66506CADB3A7" xlink:type="arc"/>
<link:label id="lab_bac_CommercialRealEstateReceivableMember_BDEC20E6CB2D40CB5BA76650A349675D_terseLabel_en-US" xlink:label="lab_bac_CommercialRealEstateReceivableMember_BDEC20E6CB2D40CB5BA76650A349675D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Commercial Real Estate </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CommercialRealEstateReceivableMember" xlink:label="loc_bac_CommercialRealEstateReceivableMember_BDEC20E6CB2D40CB5BA76650A349675D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CommercialRealEstateReceivableMember_BDEC20E6CB2D40CB5BA76650A349675D" xlink:to="lab_bac_CommercialRealEstateReceivableMember_BDEC20E6CB2D40CB5BA76650A349675D" xlink:type="arc"/>
<link:label id="lab_us-gaap_FinanceLeasesFinancingReceivableMember_38A3377B25AE21A785856650B109729B_terseLabel_en-US" xlink:label="lab_us-gaap_FinanceLeasesFinancingReceivableMember_38A3377B25AE21A785856650B109729B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Commercial lease financing </link:label>
<link:label id="lab_us-gaap_FinanceLeasesFinancingReceivableMember_38A3377B25AE21A785856650B109729B_label_en-US" xlink:label="lab_us-gaap_FinanceLeasesFinancingReceivableMember_38A3377B25AE21A785856650B109729B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Finance Leases Financing Receivable [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FinanceLeasesFinancingReceivableMember" xlink:label="loc_us-gaap_FinanceLeasesFinancingReceivableMember_38A3377B25AE21A785856650B109729B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinanceLeasesFinancingReceivableMember_38A3377B25AE21A785856650B109729B" xlink:to="lab_us-gaap_FinanceLeasesFinancingReceivableMember_38A3377B25AE21A785856650B109729B" xlink:type="arc"/>
<link:label id="lab_bac_SmallBusinessCommercialReceivableMember_A4353B1B8F1B7347EC9C6650CEFF5581_terseLabel_en-US" xlink:label="lab_bac_SmallBusinessCommercialReceivableMember_A4353B1B8F1B7347EC9C6650CEFF5581" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> U.S. small business commercial </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_SmallBusinessCommercialReceivableMember" xlink:label="loc_bac_SmallBusinessCommercialReceivableMember_A4353B1B8F1B7347EC9C6650CEFF5581" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_SmallBusinessCommercialReceivableMember_A4353B1B8F1B7347EC9C6650CEFF5581" xlink:to="lab_bac_SmallBusinessCommercialReceivableMember_A4353B1B8F1B7347EC9C6650CEFF5581" xlink:type="arc"/>
<link:label id="lab_us-gaap_FinancingReceivableRecordedInvestmentNonaccrualStatus_BA7C23A59BBDF9E9B619664FC73F0346_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableRecordedInvestmentNonaccrualStatus_BA7C23A59BBDF9E9B619664FC73F0346" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Nonperforming Loans and Leases </link:label>
<link:label id="lab_us-gaap_FinancingReceivableRecordedInvestmentNonaccrualStatus_BA7C23A59BBDF9E9B619664FC73F0346_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableRecordedInvestmentNonaccrualStatus_BA7C23A59BBDF9E9B619664FC73F0346" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivable, Recorded Investment, Nonaccrual Status </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FinancingReceivableRecordedInvestmentNonaccrualStatus" xlink:label="loc_us-gaap_FinancingReceivableRecordedInvestmentNonaccrualStatus_BA7C23A59BBDF9E9B619664FC73F0346" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingReceivableRecordedInvestmentNonaccrualStatus_BA7C23A59BBDF9E9B619664FC73F0346" xlink:to="lab_us-gaap_FinancingReceivableRecordedInvestmentNonaccrualStatus_BA7C23A59BBDF9E9B619664FC73F0346" xlink:type="arc"/>
<link:label id="lab_us-gaap_FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing_7A01237ABF16841413EC664FD595F1A3_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing_7A01237ABF16841413EC664FD595F1A3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Accruing Past Due 90 Days or More </link:label>
<link:label id="lab_us-gaap_FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing_7A01237ABF16841413EC664FD595F1A3_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing_7A01237ABF16841413EC664FD595F1A3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivable, Recorded Investment, 90 Days Past Due and Still Accruing </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing" xlink:label="loc_us-gaap_FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing_7A01237ABF16841413EC664FD595F1A3" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing_7A01237ABF16841413EC664FD595F1A3" xlink:to="lab_us-gaap_FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing_7A01237ABF16841413EC664FD595F1A3" xlink:type="arc"/>
<link:label id="lab_bac_LoanReceivableCurtailedByFederalHousingAdministration_0F1D7608A83EF8831C7E666D45FC6711_terseLabel_en-US" xlink:label="lab_bac_LoanReceivableCurtailedByFederalHousingAdministration_0F1D7608A83EF8831C7E666D45FC6711" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loan Receivable Curtailed By Federal Housing Administration </link:label>
<link:label id="lab_bac_LoanReceivableCurtailedByFederalHousingAdministration_0F1D7608A83EF8831C7E666D45FC6711_label_en-US" xlink:label="lab_bac_LoanReceivableCurtailedByFederalHousingAdministration_0F1D7608A83EF8831C7E666D45FC6711" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loan Receivable Curtailed By Federal Housing Administration </link:label>
<link:label id="lab_bac_LoanReceivableCurtailedByFederalHousingAdministration_0F1D7608A83EF8831C7E666D45FC6711_documentation_en-US" xlink:label="lab_bac_LoanReceivableCurtailedByFederalHousingAdministration_0F1D7608A83EF8831C7E666D45FC6711" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Loan receivable curtailed By Federal Housing Administration, and therefore no longer accruing interest. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_LoanReceivableCurtailedByFederalHousingAdministration" xlink:label="loc_bac_LoanReceivableCurtailedByFederalHousingAdministration_0F1D7608A83EF8831C7E666D45FC6711" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_LoanReceivableCurtailedByFederalHousingAdministration_0F1D7608A83EF8831C7E666D45FC6711" xlink:to="lab_bac_LoanReceivableCurtailedByFederalHousingAdministration_0F1D7608A83EF8831C7E666D45FC6711" xlink:type="arc"/>
<link:label id="lab_bac_InsuredLoanReceivableCurtailedAndAccruingInterest_0BB193929F19772549E2666E56C0D022_terseLabel_en-US" xlink:label="lab_bac_InsuredLoanReceivableCurtailedAndAccruingInterest_0BB193929F19772549E2666E56C0D022" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Insured Loan Receivable Curtailed And Accruing Interest </link:label>
<link:label id="lab_bac_InsuredLoanReceivableCurtailedAndAccruingInterest_0BB193929F19772549E2666E56C0D022_label_en-US" xlink:label="lab_bac_InsuredLoanReceivableCurtailedAndAccruingInterest_0BB193929F19772549E2666E56C0D022" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Insured Loan Receivable Curtailed And Accruing Interest </link:label>
<link:label id="lab_bac_InsuredLoanReceivableCurtailedAndAccruingInterest_0BB193929F19772549E2666E56C0D022_documentation_en-US" xlink:label="lab_bac_InsuredLoanReceivableCurtailedAndAccruingInterest_0BB193929F19772549E2666E56C0D022" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Insured loan receivable curtailed and accruing interest. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_InsuredLoanReceivableCurtailedAndAccruingInterest" xlink:label="loc_bac_InsuredLoanReceivableCurtailedAndAccruingInterest_0BB193929F19772549E2666E56C0D022" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_InsuredLoanReceivableCurtailedAndAccruingInterest_0BB193929F19772549E2666E56C0D022" xlink:to="lab_bac_InsuredLoanReceivableCurtailedAndAccruingInterest_0BB193929F19772549E2666E56C0D022" xlink:type="arc"/>
<link:label id="lab_bac_TroubledDebtRestructuringsClassifiedAsNonPerformingLoans_FB7CF27F69003BFF225C665DF14E4662_terseLabel_en-US" xlink:label="lab_bac_TroubledDebtRestructuringsClassifiedAsNonPerformingLoans_FB7CF27F69003BFF225C665DF14E4662" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Troubled Debt Restructurings Classified As Non Performing Loans </link:label>
<link:label id="lab_bac_TroubledDebtRestructuringsClassifiedAsNonPerformingLoans_FB7CF27F69003BFF225C665DF14E4662_label_en-US" xlink:label="lab_bac_TroubledDebtRestructuringsClassifiedAsNonPerformingLoans_FB7CF27F69003BFF225C665DF14E4662" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Troubled Debt Restructurings Classified As Non Performing Loans </link:label>
<link:label id="lab_bac_TroubledDebtRestructuringsClassifiedAsNonPerformingLoans_FB7CF27F69003BFF225C665DF14E4662_documentation_en-US" xlink:label="lab_bac_TroubledDebtRestructuringsClassifiedAsNonPerformingLoans_FB7CF27F69003BFF225C665DF14E4662" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Troubled Debt Restructurings Classified As Non Performing Loans </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_TroubledDebtRestructuringsClassifiedAsNonPerformingLoans" xlink:label="loc_bac_TroubledDebtRestructuringsClassifiedAsNonPerformingLoans_FB7CF27F69003BFF225C665DF14E4662" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_TroubledDebtRestructuringsClassifiedAsNonPerformingLoans_FB7CF27F69003BFF225C665DF14E4662" xlink:to="lab_bac_TroubledDebtRestructuringsClassifiedAsNonPerformingLoans_FB7CF27F69003BFF225C665DF14E4662" xlink:type="arc"/>
<link:label id="lab_bac_FairValueOptionAbstract_C70998DA97E364C2D0785878FCB919C0_label_en-US" xlink:label="lab_bac_FairValueOptionAbstract_C70998DA97E364C2D0785878FCB919C0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value Option [Abstract] </link:label>
<link:label id="lab_bac_FairValueOptionAbstract_C70998DA97E364C2D0785878FCB919C0_documentation_en-US" xlink:label="lab_bac_FairValueOptionAbstract_C70998DA97E364C2D0785878FCB919C0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Fair Value Option [Abstract] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_FairValueOptionAbstract" xlink:label="loc_bac_FairValueOptionAbstract_C70998DA97E364C2D0785878FCB919C0" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_FairValueOptionAbstract_C70998DA97E364C2D0785878FCB919C0" xlink:to="lab_bac_FairValueOptionAbstract_C70998DA97E364C2D0785878FCB919C0" xlink:type="arc"/>
<link:label id="lab_us-gaap_ScheduleOfInvestmentIncomeReportedAmountsByCategoryAxis_8438CD4E2CB06B1E8D3598A6F86C387F_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfInvestmentIncomeReportedAmountsByCategoryAxis_8438CD4E2CB06B1E8D3598A6F86C387F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Investment Income, Reported Amounts, by Category [Axis] </link:label>
<link:label id="lab_us-gaap_ScheduleOfInvestmentIncomeReportedAmountsByCategoryAxis_8438CD4E2CB06B1E8D3598A6F86C387F_label_en-US" xlink:label="lab_us-gaap_ScheduleOfInvestmentIncomeReportedAmountsByCategoryAxis_8438CD4E2CB06B1E8D3598A6F86C387F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Investment Income, Reported Amounts, by Category [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ScheduleOfInvestmentIncomeReportedAmountsByCategoryAxis" xlink:label="loc_us-gaap_ScheduleOfInvestmentIncomeReportedAmountsByCategoryAxis_8438CD4E2CB06B1E8D3598A6F86C387F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfInvestmentIncomeReportedAmountsByCategoryAxis_8438CD4E2CB06B1E8D3598A6F86C387F" xlink:to="lab_us-gaap_ScheduleOfInvestmentIncomeReportedAmountsByCategoryAxis_8438CD4E2CB06B1E8D3598A6F86C387F" xlink:type="arc"/>
<link:label id="lab_us-gaap_InvestmentIncomeCategoriesDomain_4533D0765E45BE25E98F98A772B1B34F_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentIncomeCategoriesDomain_4533D0765E45BE25E98F98A772B1B34F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Investment Income, Categories [Domain] </link:label>
<link:label id="lab_us-gaap_InvestmentIncomeCategoriesDomain_4533D0765E45BE25E98F98A772B1B34F_label_en-US" xlink:label="lab_us-gaap_InvestmentIncomeCategoriesDomain_4533D0765E45BE25E98F98A772B1B34F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Investment Income, Categories [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_InvestmentIncomeCategoriesDomain" xlink:label="loc_us-gaap_InvestmentIncomeCategoriesDomain_4533D0765E45BE25E98F98A772B1B34F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentIncomeCategoriesDomain_4533D0765E45BE25E98F98A772B1B34F" xlink:to="lab_us-gaap_InvestmentIncomeCategoriesDomain_4533D0765E45BE25E98F98A772B1B34F" xlink:type="arc"/>
<link:label id="lab_bac_FairValueOptionByIncomeStatementLocationAxis_49C0890C1B9A765C24B4587D18B1D6FD_label_en-US" xlink:label="lab_bac_FairValueOptionByIncomeStatementLocationAxis_49C0890C1B9A765C24B4587D18B1D6FD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value Option By Income Statement Location [Axis] </link:label>
<link:label id="lab_bac_FairValueOptionByIncomeStatementLocationAxis_49C0890C1B9A765C24B4587D18B1D6FD_documentation_en-US" xlink:label="lab_bac_FairValueOptionByIncomeStatementLocationAxis_49C0890C1B9A765C24B4587D18B1D6FD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Fair Value Option By Income Statement Location Axis </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_FairValueOptionByIncomeStatementLocationAxis" xlink:label="loc_bac_FairValueOptionByIncomeStatementLocationAxis_49C0890C1B9A765C24B4587D18B1D6FD" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_FairValueOptionByIncomeStatementLocationAxis_49C0890C1B9A765C24B4587D18B1D6FD" xlink:to="lab_bac_FairValueOptionByIncomeStatementLocationAxis_49C0890C1B9A765C24B4587D18B1D6FD" xlink:type="arc"/>
<link:label id="lab_bac_FairValueOptionByIncomeStatementLocationDomain_4FB9561C155013FC5B225899D1C19BC2_label_en-US" xlink:label="lab_bac_FairValueOptionByIncomeStatementLocationDomain_4FB9561C155013FC5B225899D1C19BC2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value Option By Income Statement Location [Domain] </link:label>
<link:label id="lab_bac_FairValueOptionByIncomeStatementLocationDomain_4FB9561C155013FC5B225899D1C19BC2_documentation_en-US" xlink:label="lab_bac_FairValueOptionByIncomeStatementLocationDomain_4FB9561C155013FC5B225899D1C19BC2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Fair Value Option By Income Statement Location Domain </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_FairValueOptionByIncomeStatementLocationDomain" xlink:label="loc_bac_FairValueOptionByIncomeStatementLocationDomain_4FB9561C155013FC5B225899D1C19BC2" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_FairValueOptionByIncomeStatementLocationDomain_4FB9561C155013FC5B225899D1C19BC2" xlink:to="lab_bac_FairValueOptionByIncomeStatementLocationDomain_4FB9561C155013FC5B225899D1C19BC2" xlink:type="arc"/>
<link:label id="lab_bac_MortgageBankingIncomeLossMember_4CDACF2E534753D80787587D1C342EC1_label_en-US" xlink:label="lab_bac_MortgageBankingIncomeLossMember_4CDACF2E534753D80787587D1C342EC1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Mortgage Banking Income (Loss) [Member] </link:label>
<link:label id="lab_bac_MortgageBankingIncomeLossMember_4CDACF2E534753D80787587D1C342EC1_documentation_en-US" xlink:label="lab_bac_MortgageBankingIncomeLossMember_4CDACF2E534753D80787587D1C342EC1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Mortgage Banking Income Loss Member. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_MortgageBankingIncomeLossMember" xlink:label="loc_bac_MortgageBankingIncomeLossMember_4CDACF2E534753D80787587D1C342EC1" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_MortgageBankingIncomeLossMember_4CDACF2E534753D80787587D1C342EC1" xlink:to="lab_bac_MortgageBankingIncomeLossMember_4CDACF2E534753D80787587D1C342EC1" xlink:type="arc"/>
<link:label id="lab_us-gaap_OtherIncomeMember_DD1CD295A9E034502982587FF8041D9A_label_en-US" xlink:label="lab_us-gaap_OtherIncomeMember_DD1CD295A9E034502982587FF8041D9A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Income [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_OtherIncomeMember" xlink:label="loc_us-gaap_OtherIncomeMember_DD1CD295A9E034502982587FF8041D9A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherIncomeMember_DD1CD295A9E034502982587FF8041D9A" xlink:to="lab_us-gaap_OtherIncomeMember_DD1CD295A9E034502982587FF8041D9A" xlink:type="arc"/>
<link:label id="lab_bac_EquityInvestmentIncomeLossMemberDomain_E76AF7D15D01F7EF8E535888EC88EAFB_label_en-US" xlink:label="lab_bac_EquityInvestmentIncomeLossMemberDomain_E76AF7D15D01F7EF8E535888EC88EAFB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Equity Investment Income (Loss) [Member] [Domain] </link:label>
<link:label id="lab_bac_EquityInvestmentIncomeLossMemberDomain_E76AF7D15D01F7EF8E535888EC88EAFB_documentation_en-US" xlink:label="lab_bac_EquityInvestmentIncomeLossMemberDomain_E76AF7D15D01F7EF8E535888EC88EAFB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Equity Investment Income (Loss) [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_EquityInvestmentIncomeLossMemberDomain" xlink:label="loc_bac_EquityInvestmentIncomeLossMemberDomain_E76AF7D15D01F7EF8E535888EC88EAFB" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_EquityInvestmentIncomeLossMemberDomain_E76AF7D15D01F7EF8E535888EC88EAFB" xlink:to="lab_bac_EquityInvestmentIncomeLossMemberDomain_E76AF7D15D01F7EF8E535888EC88EAFB" xlink:type="arc"/>
<link:label id="lab_bac_CorporateLoansMember_6664FFF467AB4C54B9C2989F9EF50719_terseLabel_en-US" xlink:label="lab_bac_CorporateLoansMember_6664FFF467AB4C54B9C2989F9EF50719" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Corporate Loans [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CorporateLoansMember" xlink:label="loc_bac_CorporateLoansMember_6664FFF467AB4C54B9C2989F9EF50719" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CorporateLoansMember_6664FFF467AB4C54B9C2989F9EF50719" xlink:to="lab_bac_CorporateLoansMember_6664FFF467AB4C54B9C2989F9EF50719" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValueOptionQuantitativeDisclosuresLineItems_D7B268DEB4F5871294595878FF57B354_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueOptionQuantitativeDisclosuresLineItems_D7B268DEB4F5871294595878FF57B354" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, Option, Quantitative Disclosures [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FairValueOptionQuantitativeDisclosuresLineItems" xlink:label="loc_us-gaap_FairValueOptionQuantitativeDisclosuresLineItems_D7B268DEB4F5871294595878FF57B354" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueOptionQuantitativeDisclosuresLineItems_D7B268DEB4F5871294595878FF57B354" xlink:to="lab_us-gaap_FairValueOptionQuantitativeDisclosuresLineItems_D7B268DEB4F5871294595878FF57B354" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValueOptionChangesInFairValueGainLoss_97D2D11620075D7E2B14587D17E60869_verboseLabel_en-US" xlink:label="lab_us-gaap_FairValueOptionChangesInFairValueGainLoss_97D2D11620075D7E2B14587D17E60869" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Gains (Losses) Relating to Assets and Liabilities Accounted for Using Fair Value Option </link:label>
<link:label id="lab_us-gaap_FairValueOptionChangesInFairValueGainLoss_97D2D11620075D7E2B14587D17E60869_label_en-US" xlink:label="lab_us-gaap_FairValueOptionChangesInFairValueGainLoss_97D2D11620075D7E2B14587D17E60869" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Option, Changes in Fair Value, Gain (Loss) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FairValueOptionChangesInFairValueGainLoss" xlink:label="loc_us-gaap_FairValueOptionChangesInFairValueGainLoss_97D2D11620075D7E2B14587D17E60869" xlink:type="locator"/>
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<link:label id="lab_bac_QualifiedPensionPlansMember_7328A6BE45C460F94E0397E2D3AFE477_terseLabel_en-US" xlink:label="lab_bac_QualifiedPensionPlansMember_7328A6BE45C460F94E0397E2D3AFE477" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Qualified Pension Plans [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_QualifiedPensionPlansMember" xlink:label="loc_bac_QualifiedPensionPlansMember_7328A6BE45C460F94E0397E2D3AFE477" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_QualifiedPensionPlansMember_7328A6BE45C460F94E0397E2D3AFE477" xlink:to="lab_bac_QualifiedPensionPlansMember_7328A6BE45C460F94E0397E2D3AFE477" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation_67B40FEF769EEF8499ADF8A2274911F6_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation_67B40FEF769EEF8499ADF8A2274911F6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Plans with ABO in Excess of Plan Assets, PBO </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation_67B40FEF769EEF8499ADF8A2274911F6_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation_67B40FEF769EEF8499ADF8A2274911F6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Pension Plans with Accumulated Benefit Obligations in Excess of Plan Assets, Aggregate Projected Benefit Obligation </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation" xlink:label="loc_us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation_67B40FEF769EEF8499ADF8A2274911F6" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation_82BCC0AAEC281A448711F8A3DBDC8350_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation_82BCC0AAEC281A448711F8A3DBDC8350" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Plans with ABO in Excess of Plan Assets, ABO </link:label>
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<link:label id="lab_us-gaap_FairValueByBalanceSheetGroupingTable_08660A428C0416364F7358A75D4DBAFA_label_en-US" xlink:label="lab_us-gaap_FairValueByBalanceSheetGroupingTable_08660A428C0416364F7358A75D4DBAFA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, by Balance Sheet Grouping [Table] </link:label>
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<link:label id="lab_us-gaap_CarryingReportedAmountFairValueDisclosureMember_8A0A1CD7D48D92F8B1BB58A93E4E5D8C_terseLabel_en-US" xlink:label="lab_us-gaap_CarryingReportedAmountFairValueDisclosureMember_8A0A1CD7D48D92F8B1BB58A93E4E5D8C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Carrying Value [Member] </link:label>
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<link:label id="lab_bac_LoansNetOfAllowanceExcludingLeases_C98789AA76901DC9C0FD58A9D9280FAF_terseLabel_en-US" xlink:label="lab_bac_LoansNetOfAllowanceExcludingLeases_C98789AA76901DC9C0FD58A9D9280FAF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loans </link:label>
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<link:label id="lab_us-gaap_CumulativeEffectAdjustmentConsolidationOfVariableInterestEntityMember_201CE10D1D5403673A2889DF4F345AA1_terseLabel_en-US" xlink:label="lab_us-gaap_CumulativeEffectAdjustmentConsolidationOfVariableInterestEntityMember_201CE10D1D5403673A2889DF4F345AA1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Cumulative-Effect Adjustment, Consolidation of Variable Interest Entity [Member] </link:label>
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<link:label id="lab_us-gaap_FinancingReceivableInformationByPortfolioSegmentAxis_72F34FECA4C50ED9608D89CDB4D87111_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableInformationByPortfolioSegmentAxis_72F34FECA4C50ED9608D89CDB4D87111" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Financing Receivable Information by Portfolio Segment [Axis] </link:label>
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<link:label id="lab_us-gaap_ConsumerPortfolioSegmentMember_8336E533557C2B74A44838025E7281DA_verboseLabel_en-US" xlink:label="lab_us-gaap_ConsumerPortfolioSegmentMember_8336E533557C2B74A44838025E7281DA" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Credit Card and Other Consumer [Member] </link:label>
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<link:label id="lab_us-gaap_CommercialPortfolioSegmentMember_7938ED205CD5B09D0D9C3802606AB699_verboseLabel_en-US" xlink:label="lab_us-gaap_CommercialPortfolioSegmentMember_7938ED205CD5B09D0D9C3802606AB699" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Commercial [Member] </link:label>
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<link:label id="lab_us-gaap_AllowanceForLoanAndLeaseLossesRollForward_2604E482FB1C2ADDBBB3382F0352C100_label_en-US" xlink:label="lab_us-gaap_AllowanceForLoanAndLeaseLossesRollForward_2604E482FB1C2ADDBBB3382F0352C100" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Allowance for Loan and Lease Losses [Roll Forward] </link:label>
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<link:label id="lab_us-gaap_LoansAndLeasesReceivableAllowance_062E3BDC9A59654A1CCA38025C0A53C9_periodStartLabel_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableAllowance_062E3BDC9A59654A1CCA38025C0A53C9" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US"> Allowance for Loan and Lease Losses, January 1 </link:label>
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<link:label id="lab_us-gaap_AllowanceForLoanAndLeaseLossesWriteOffs_D37B2DE39626F06FD5BB380261E0F1C1_negatedLabel_en-US" xlink:label="lab_us-gaap_AllowanceForLoanAndLeaseLossesWriteOffs_D37B2DE39626F06FD5BB380261E0F1C1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Loans and Leases Charged Off </link:label>
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<link:label id="lab_us-gaap_AllowanceForLoanAndLeaseLossesRecoveriesOfBadDebts_4A643346C09149CC44B338026732183E_negatedLabel_en-US" xlink:label="lab_us-gaap_AllowanceForLoanAndLeaseLossesRecoveriesOfBadDebts_4A643346C09149CC44B338026732183E" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Recoveries of Loans and Leases Previously Charged Off </link:label>
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<link:label id="lab_bac_AllowanceForLoanAndLeaseNetChargeOffs_C89839A61451C433D21B38026BEC11B7_totalLabel_en-US" xlink:label="lab_bac_AllowanceForLoanAndLeaseNetChargeOffs_C89839A61451C433D21B38026BEC11B7" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Net Charge-Offs </link:label>
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<link:label id="lab_us-gaap_ProvisionForOtherLosses_820D31E809EB51927F76380274B6B5C2_label_en-US" xlink:label="lab_us-gaap_ProvisionForOtherLosses_820D31E809EB51927F76380274B6B5C2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Provision for Other Losses </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ProvisionForOtherLosses" xlink:label="loc_us-gaap_ProvisionForOtherLosses_820D31E809EB51927F76380274B6B5C2" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProvisionForOtherLosses_820D31E809EB51927F76380274B6B5C2" xlink:to="lab_us-gaap_ProvisionForOtherLosses_820D31E809EB51927F76380274B6B5C2" xlink:type="arc"/>
<link:label id="lab_us-gaap_LoansAndLeasesReceivableAllowance_D95941D82E57FD5FBFE0383D3A2330B8_periodEndLabel_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableAllowance_D95941D82E57FD5FBFE0383D3A2330B8" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US"> Allowance for Loan and Lease Losses, December 31 </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LoansAndLeasesReceivableAllowance" xlink:label="loc_us-gaap_LoansAndLeasesReceivableAllowance_D95941D82E57FD5FBFE0383D3A2330B8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LoansAndLeasesReceivableAllowance_D95941D82E57FD5FBFE0383D3A2330B8" xlink:to="lab_us-gaap_LoansAndLeasesReceivableAllowance_D95941D82E57FD5FBFE0383D3A2330B8" xlink:type="arc"/>
<link:label id="lab_bac_OtherLiabilitiesReserveForUnfundedLendingCommitments_3D251CB0A658ED42439338027DC33228_periodStartLabel_en-US" xlink:label="lab_bac_OtherLiabilitiesReserveForUnfundedLendingCommitments_3D251CB0A658ED42439338027DC33228" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US"> Reserve For Unfunded Lending Commitments, January 1 </link:label>
<link:label id="lab_bac_OtherLiabilitiesReserveForUnfundedLendingCommitments_3D251CB0A658ED42439338027DC33228_label_en-US" xlink:label="lab_bac_OtherLiabilitiesReserveForUnfundedLendingCommitments_3D251CB0A658ED42439338027DC33228" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Liabilities Reserve For Unfunded Lending Commitments </link:label>
<link:label id="lab_bac_OtherLiabilitiesReserveForUnfundedLendingCommitments_3D251CB0A658ED42439338027DC33228_documentation_en-US" xlink:label="lab_bac_OtherLiabilitiesReserveForUnfundedLendingCommitments_3D251CB0A658ED42439338027DC33228" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents the estimated probable losses related to unfunded lending commitments measured at historical cost, such as letters of credit and financial guarantees, and binding unfunded loan commitments. Unfunded lending commitments are subject to the same assessment as funded loans except utilization assumptions are considered. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_OtherLiabilitiesReserveForUnfundedLendingCommitments" xlink:label="loc_bac_OtherLiabilitiesReserveForUnfundedLendingCommitments_3D251CB0A658ED42439338027DC33228" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_OtherLiabilitiesReserveForUnfundedLendingCommitments_3D251CB0A658ED42439338027DC33228" xlink:to="lab_bac_OtherLiabilitiesReserveForUnfundedLendingCommitments_3D251CB0A658ED42439338027DC33228" xlink:type="arc"/>
<link:label id="lab_bac_ProvisionForUnfundedLendingCommitments_52E28E9AA3396030BEB03802882E93FD_negatedTerseLabel_en-US" xlink:label="lab_bac_ProvisionForUnfundedLendingCommitments_52E28E9AA3396030BEB03802882E93FD" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Provision for unfunded lending commitments </link:label>
<link:label id="lab_bac_ProvisionForUnfundedLendingCommitments_52E28E9AA3396030BEB03802882E93FD_label_en-US" xlink:label="lab_bac_ProvisionForUnfundedLendingCommitments_52E28E9AA3396030BEB03802882E93FD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Provision for unfunded lending commitments </link:label>
<link:label id="lab_bac_ProvisionForUnfundedLendingCommitments_52E28E9AA3396030BEB03802882E93FD_documentation_en-US" xlink:label="lab_bac_ProvisionForUnfundedLendingCommitments_52E28E9AA3396030BEB03802882E93FD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> The sum of the periodic provision charged to operations, based on an assessment of the uncollectability of the unfunded lending commitments portfolio measured at historical cost, such as letters of credit and financial guarantees, and binding unfunded loan commitments, the offset to which is either added to or deducted from the allowance account for the purpose of reducing the portfolio to an amount that approximates net realizable value (the amount expected to be collected). </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ProvisionForUnfundedLendingCommitments" xlink:label="loc_bac_ProvisionForUnfundedLendingCommitments_52E28E9AA3396030BEB03802882E93FD" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ProvisionForUnfundedLendingCommitments_52E28E9AA3396030BEB03802882E93FD" xlink:to="lab_bac_ProvisionForUnfundedLendingCommitments_52E28E9AA3396030BEB03802882E93FD" xlink:type="arc"/>
<link:label id="lab_bac_ProvisionForOtherUnfundedLendingCommitments_203173C1A1C302E1371F38028C9B7AF7_negatedLabel_en-US" xlink:label="lab_bac_ProvisionForOtherUnfundedLendingCommitments_203173C1A1C302E1371F38028C9B7AF7" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Other </link:label>
<link:label id="lab_bac_ProvisionForOtherUnfundedLendingCommitments_203173C1A1C302E1371F38028C9B7AF7_label_en-US" xlink:label="lab_bac_ProvisionForOtherUnfundedLendingCommitments_203173C1A1C302E1371F38028C9B7AF7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Provision For Other Unfunded Lending Commitments </link:label>
<link:label id="lab_bac_ProvisionForOtherUnfundedLendingCommitments_203173C1A1C302E1371F38028C9B7AF7_documentation_en-US" xlink:label="lab_bac_ProvisionForOtherUnfundedLendingCommitments_203173C1A1C302E1371F38028C9B7AF7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents other changes to the Reserve for Unfunded Lending Commitments (including additions from acquisitions). </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ProvisionForOtherUnfundedLendingCommitments" xlink:label="loc_bac_ProvisionForOtherUnfundedLendingCommitments_203173C1A1C302E1371F38028C9B7AF7" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ProvisionForOtherUnfundedLendingCommitments_203173C1A1C302E1371F38028C9B7AF7" xlink:to="lab_bac_ProvisionForOtherUnfundedLendingCommitments_203173C1A1C302E1371F38028C9B7AF7" xlink:type="arc"/>
<link:label id="lab_bac_AllowanceForCreditLosses_9D697BFB533E137580D0380296C8663E_verboseLabel_en-US" xlink:label="lab_bac_AllowanceForCreditLosses_9D697BFB533E137580D0380296C8663E" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Allowance For Credit Losses, December 31 </link:label>
<link:label id="lab_bac_AllowanceForCreditLosses_9D697BFB533E137580D0380296C8663E_label_en-US" xlink:label="lab_bac_AllowanceForCreditLosses_9D697BFB533E137580D0380296C8663E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Allowance For Credit Losses </link:label>
<link:label id="lab_bac_AllowanceForCreditLosses_9D697BFB533E137580D0380296C8663E_documentation_en-US" xlink:label="lab_bac_AllowanceForCreditLosses_9D697BFB533E137580D0380296C8663E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> The allowance for credit losses represents the reserve to cover probable credit losses related to specifically identified loans and leases, as well as probable credit losses inherent in the remainder of the loan portfolio, and probable losses related to unfunded lending commitments such as letters of credit, financial guarantees and binding loan commitments as of the balance sheet date. For banks, include currently required allocated transfer risk reserves. Include carryover of or adjustments to the allowance for loan losses in connection with business combinations determined to be appropriate. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_AllowanceForCreditLosses" xlink:label="loc_bac_AllowanceForCreditLosses_9D697BFB533E137580D0380296C8663E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_AllowanceForCreditLosses_9D697BFB533E137580D0380296C8663E" xlink:to="lab_bac_AllowanceForCreditLosses_9D697BFB533E137580D0380296C8663E" xlink:type="arc"/>
<link:label id="lab_bac_NewAccountingPronouncementCurrentPeriodDisclosuresAllowanceForLoanLossAmount_62ED2461412F5AE769E3884D66AF9575_terseLabel_en-US" xlink:label="lab_bac_NewAccountingPronouncementCurrentPeriodDisclosuresAllowanceForLoanLossAmount_62ED2461412F5AE769E3884D66AF9575" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Allowance for loan and lease losses related to the adoption of new consolidation guidance </link:label>
<link:label id="lab_bac_NewAccountingPronouncementCurrentPeriodDisclosuresAllowanceForLoanLossAmount_62ED2461412F5AE769E3884D66AF9575_label_en-US" xlink:label="lab_bac_NewAccountingPronouncementCurrentPeriodDisclosuresAllowanceForLoanLossAmount_62ED2461412F5AE769E3884D66AF9575" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> New Accounting Pronouncement, Current Period Disclosures, Allowance for Loan Loss Amount </link:label>
<link:label id="lab_bac_NewAccountingPronouncementCurrentPeriodDisclosuresAllowanceForLoanLossAmount_62ED2461412F5AE769E3884D66AF9575_documentation_en-US" xlink:label="lab_bac_NewAccountingPronouncementCurrentPeriodDisclosuresAllowanceForLoanLossAmount_62ED2461412F5AE769E3884D66AF9575" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> New Accounting Pronouncement, Current Period Disclosures, Allowance for Loan Loss Amount </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_NewAccountingPronouncementCurrentPeriodDisclosuresAllowanceForLoanLossAmount" xlink:label="loc_bac_NewAccountingPronouncementCurrentPeriodDisclosuresAllowanceForLoanLossAmount_62ED2461412F5AE769E3884D66AF9575" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_NewAccountingPronouncementCurrentPeriodDisclosuresAllowanceForLoanLossAmount_62ED2461412F5AE769E3884D66AF9575" xlink:to="lab_bac_NewAccountingPronouncementCurrentPeriodDisclosuresAllowanceForLoanLossAmount_62ED2461412F5AE769E3884D66AF9575" xlink:type="arc"/>
<link:label id="lab_us-gaap_AllowanceForLoanAndLeaseLossesLoansAcquired_6C0A9D27A9DFF849EADF3857CDC70DFB_terseLabel_en-US" xlink:label="lab_us-gaap_AllowanceForLoanAndLeaseLossesLoansAcquired_6C0A9D27A9DFF849EADF3857CDC70DFB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Provision for credit losses </link:label>
<link:label id="lab_us-gaap_AllowanceForLoanAndLeaseLossesLoansAcquired_6C0A9D27A9DFF849EADF3857CDC70DFB_label_en-US" xlink:label="lab_us-gaap_AllowanceForLoanAndLeaseLossesLoansAcquired_6C0A9D27A9DFF849EADF3857CDC70DFB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Allowance for Loan and Lease Losses, Loans Acquired </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AllowanceForLoanAndLeaseLossesLoansAcquired" xlink:label="loc_us-gaap_AllowanceForLoanAndLeaseLossesLoansAcquired_6C0A9D27A9DFF849EADF3857CDC70DFB" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AllowanceForLoanAndLeaseLossesLoansAcquired_6C0A9D27A9DFF849EADF3857CDC70DFB" xlink:to="lab_us-gaap_AllowanceForLoanAndLeaseLossesLoansAcquired_6C0A9D27A9DFF849EADF3857CDC70DFB" xlink:type="arc"/>
<link:label id="lab_bac_TransferOfReservesToLoansHeldForSaleRelatedToBusinessSegmentDivestiture_46334E3BDE2285583DF1443EF639398F_terseLabel_en-US" xlink:label="lab_bac_TransferOfReservesToLoansHeldForSaleRelatedToBusinessSegmentDivestiture_46334E3BDE2285583DF1443EF639398F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Transfer of Reserves to Loans Held For Sale Related to Business Segment Divestiture </link:label>
<link:label id="lab_bac_TransferOfReservesToLoansHeldForSaleRelatedToBusinessSegmentDivestiture_46334E3BDE2285583DF1443EF639398F_label_en-US" xlink:label="lab_bac_TransferOfReservesToLoansHeldForSaleRelatedToBusinessSegmentDivestiture_46334E3BDE2285583DF1443EF639398F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Transfer of Reserves to Loans Held For Sale Related to Business Segment Divestiture </link:label>
<link:label id="lab_bac_TransferOfReservesToLoansHeldForSaleRelatedToBusinessSegmentDivestiture_46334E3BDE2285583DF1443EF639398F_documentation_en-US" xlink:label="lab_bac_TransferOfReservesToLoansHeldForSaleRelatedToBusinessSegmentDivestiture_46334E3BDE2285583DF1443EF639398F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Transfer of Reserves to Loans Held For Sale Related to Business Segment Divestiture </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_TransferOfReservesToLoansHeldForSaleRelatedToBusinessSegmentDivestiture" xlink:label="loc_bac_TransferOfReservesToLoansHeldForSaleRelatedToBusinessSegmentDivestiture_46334E3BDE2285583DF1443EF639398F" xlink:type="locator"/>
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<link:label id="lab_bac_ReductionInAllowanceForLoanLossDueToExchangeOfAssetsForHeldToMaturityDebtSecurities_66C3156C3D74A9B01B1C89A222675384_terseLabel_en-US" xlink:label="lab_bac_ReductionInAllowanceForLoanLossDueToExchangeOfAssetsForHeldToMaturityDebtSecurities_66C3156C3D74A9B01B1C89A222675384" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Reduction in Allowance For Loan Loss Due to Exchange of Assets for Held To Maturity Debt Securities </link:label>
<link:label id="lab_bac_ReductionInAllowanceForLoanLossDueToExchangeOfAssetsForHeldToMaturityDebtSecurities_66C3156C3D74A9B01B1C89A222675384_label_en-US" xlink:label="lab_bac_ReductionInAllowanceForLoanLossDueToExchangeOfAssetsForHeldToMaturityDebtSecurities_66C3156C3D74A9B01B1C89A222675384" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Reduction in Allowance For Loan Loss Due to Exchange of Assets for Held To Maturity Debt Securities </link:label>
<link:label id="lab_bac_ReductionInAllowanceForLoanLossDueToExchangeOfAssetsForHeldToMaturityDebtSecurities_66C3156C3D74A9B01B1C89A222675384_documentation_en-US" xlink:label="lab_bac_ReductionInAllowanceForLoanLossDueToExchangeOfAssetsForHeldToMaturityDebtSecurities_66C3156C3D74A9B01B1C89A222675384" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Reduction in Allowance For Loan Loss Due to Exchange of Assets for Held To Maturity Debt Securities </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ReductionInAllowanceForLoanLossDueToExchangeOfAssetsForHeldToMaturityDebtSecurities" xlink:label="loc_bac_ReductionInAllowanceForLoanLossDueToExchangeOfAssetsForHeldToMaturityDebtSecurities_66C3156C3D74A9B01B1C89A222675384" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ReductionInAllowanceForLoanLossDueToExchangeOfAssetsForHeldToMaturityDebtSecurities_66C3156C3D74A9B01B1C89A222675384" xlink:to="lab_bac_ReductionInAllowanceForLoanLossDueToExchangeOfAssetsForHeldToMaturityDebtSecurities_66C3156C3D74A9B01B1C89A222675384" xlink:type="arc"/>
<link:label id="lab_bac_LoanAmountExchangedForHeldToMaturityDebtSecurities_88D97C37030D3D881A8689A7241D1A63_terseLabel_en-US" xlink:label="lab_bac_LoanAmountExchangedForHeldToMaturityDebtSecurities_88D97C37030D3D881A8689A7241D1A63" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loan Amount Exchanged for Held to Maturity Debt Securities </link:label>
<link:label id="lab_bac_LoanAmountExchangedForHeldToMaturityDebtSecurities_88D97C37030D3D881A8689A7241D1A63_label_en-US" xlink:label="lab_bac_LoanAmountExchangedForHeldToMaturityDebtSecurities_88D97C37030D3D881A8689A7241D1A63" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loan Amount Exchanged for Held to Maturity Debt Securities </link:label>
<link:label id="lab_bac_LoanAmountExchangedForHeldToMaturityDebtSecurities_88D97C37030D3D881A8689A7241D1A63_documentation_en-US" xlink:label="lab_bac_LoanAmountExchangedForHeldToMaturityDebtSecurities_88D97C37030D3D881A8689A7241D1A63" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Loan Amount Exchanged for Held to Maturity Debt Securities </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_LoanAmountExchangedForHeldToMaturityDebtSecurities" xlink:label="loc_bac_LoanAmountExchangedForHeldToMaturityDebtSecurities_88D97C37030D3D881A8689A7241D1A63" xlink:type="locator"/>
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<link:label id="lab_bac_HeldToMaturityDebtSecuritiesReceivedInExchangeForCreditCardLoansReceived_A41B0A1C0F13B49A32F289A8C00D2E64_terseLabel_en-US" xlink:label="lab_bac_HeldToMaturityDebtSecuritiesReceivedInExchangeForCreditCardLoansReceived_A41B0A1C0F13B49A32F289A8C00D2E64" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Held to Maturity Debt Securities Received in Exchange for Credit Card Loans Received </link:label>
<link:label id="lab_bac_HeldToMaturityDebtSecuritiesReceivedInExchangeForCreditCardLoansReceived_A41B0A1C0F13B49A32F289A8C00D2E64_label_en-US" xlink:label="lab_bac_HeldToMaturityDebtSecuritiesReceivedInExchangeForCreditCardLoansReceived_A41B0A1C0F13B49A32F289A8C00D2E64" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Held to Maturity Debt Securities Received in Exchange for Credit Card Loans Received </link:label>
<link:label id="lab_bac_HeldToMaturityDebtSecuritiesReceivedInExchangeForCreditCardLoansReceived_A41B0A1C0F13B49A32F289A8C00D2E64_documentation_en-US" xlink:label="lab_bac_HeldToMaturityDebtSecuritiesReceivedInExchangeForCreditCardLoansReceived_A41B0A1C0F13B49A32F289A8C00D2E64" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Held to Maturity Debt Securities Received in Exchange for Credit Card Loans Received </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_HeldToMaturityDebtSecuritiesReceivedInExchangeForCreditCardLoansReceived" xlink:label="loc_bac_HeldToMaturityDebtSecuritiesReceivedInExchangeForCreditCardLoansReceived_A41B0A1C0F13B49A32F289A8C00D2E64" xlink:type="locator"/>
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<link:label id="lab_bac_IncreaseAssociatedWithReclassificationToOtherAssetsForAmountReimbursableForSecuritization_BCB5D1281BF5FA1DBE3889ABF27CD68C_terseLabel_en-US" xlink:label="lab_bac_IncreaseAssociatedWithReclassificationToOtherAssetsForAmountReimbursableForSecuritization_BCB5D1281BF5FA1DBE3889ABF27CD68C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Increase Associated With Reclassification To Other Assets For Amount Reimbursable for Securitization </link:label>
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<link:label id="lab_bac_MortgageInsuranceRecissionInformationAxis_D98095D9BA0327614E7899ED98857146_terseLabel_en-US" xlink:label="lab_bac_MortgageInsuranceRecissionInformationAxis_D98095D9BA0327614E7899ED98857146" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Mortgage Insurance Recission Information [Axis] </link:label>
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<link:label id="lab_bac_MortgageInsuranceRecissionInformationDomain_329A033ED21904B3923F99EE3C976766_terseLabel_en-US" xlink:label="lab_bac_MortgageInsuranceRecissionInformationDomain_329A033ED21904B3923F99EE3C976766" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Mortgage Insurance Recission Information [Domain] </link:label>
<link:label id="lab_bac_MortgageInsuranceRecissionInformationDomain_329A033ED21904B3923F99EE3C976766_label_en-US" xlink:label="lab_bac_MortgageInsuranceRecissionInformationDomain_329A033ED21904B3923F99EE3C976766" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Mortgage Insurance Recission Information [Domain] </link:label>
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<link:label id="lab_bac_ResolvedThroughAcceptanceMember_D9270FB896E80D16B50E99EEEB8C5CAE_terseLabel_en-US" xlink:label="lab_bac_ResolvedThroughAcceptanceMember_D9270FB896E80D16B50E99EEEB8C5CAE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Resolved Through Acceptance [Member] </link:label>
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<link:loc xlink:href="bac-20111231.xsd#bac_ResolvedThroughAcceptanceMember" xlink:label="loc_bac_ResolvedThroughAcceptanceMember_D9270FB896E80D16B50E99EEEB8C5CAE" xlink:type="locator"/>
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<link:label id="lab_bac_ResolvedThroughReinstatementOfCoverageOrPaymentOfClaimMember_272AB4F4A503E281F03999F006AF4457_terseLabel_en-US" xlink:label="lab_bac_ResolvedThroughReinstatementOfCoverageOrPaymentOfClaimMember_272AB4F4A503E281F03999F006AF4457" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Resolved Through Reinstatement of Coverage or Payment of Claim [Member] </link:label>
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<link:label id="lab_bac_ResolvedThroughReinstatementOfCoverageOrPaymentOfClaimMember_272AB4F4A503E281F03999F006AF4457_documentation_en-US" xlink:label="lab_bac_ResolvedThroughReinstatementOfCoverageOrPaymentOfClaimMember_272AB4F4A503E281F03999F006AF4457" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Resolved Through Reinstatemen of Coverage or Payment of Claim [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ResolvedThroughReinstatementOfCoverageOrPaymentOfClaimMember" xlink:label="loc_bac_ResolvedThroughReinstatementOfCoverageOrPaymentOfClaimMember_272AB4F4A503E281F03999F006AF4457" xlink:type="locator"/>
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<link:label id="lab_bac_ResolvedThroughSettlementPolicyCommutationOrSimilarArrangementMember_43E4D7CD2C28B4227E9099F17914FF93_terseLabel_en-US" xlink:label="lab_bac_ResolvedThroughSettlementPolicyCommutationOrSimilarArrangementMember_43E4D7CD2C28B4227E9099F17914FF93" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Resolved Through Settlement, Policy Commutation or Similar Arrangement [Member] </link:label>
<link:label id="lab_bac_ResolvedThroughSettlementPolicyCommutationOrSimilarArrangementMember_43E4D7CD2C28B4227E9099F17914FF93_label_en-US" xlink:label="lab_bac_ResolvedThroughSettlementPolicyCommutationOrSimilarArrangementMember_43E4D7CD2C28B4227E9099F17914FF93" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Resolved Through Settlement, Policy Commutation or Similar Arrangement [Member] </link:label>
<link:label id="lab_bac_ResolvedThroughSettlementPolicyCommutationOrSimilarArrangementMember_43E4D7CD2C28B4227E9099F17914FF93_documentation_en-US" xlink:label="lab_bac_ResolvedThroughSettlementPolicyCommutationOrSimilarArrangementMember_43E4D7CD2C28B4227E9099F17914FF93" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Resolved Through Settlement, Policy Commutation or Similar Arrangement [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ResolvedThroughSettlementPolicyCommutationOrSimilarArrangementMember" xlink:label="loc_bac_ResolvedThroughSettlementPolicyCommutationOrSimilarArrangementMember_43E4D7CD2C28B4227E9099F17914FF93" xlink:type="locator"/>
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<link:label id="lab_bac_ImplicatedByOngoingLitigationMember_B8C948608A0620F99A7099F76D990288_terseLabel_en-US" xlink:label="lab_bac_ImplicatedByOngoingLitigationMember_B8C948608A0620F99A7099F76D990288" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Implicated by Ongoing Litigation [Member] </link:label>
<link:label id="lab_bac_ImplicatedByOngoingLitigationMember_B8C948608A0620F99A7099F76D990288_label_en-US" xlink:label="lab_bac_ImplicatedByOngoingLitigationMember_B8C948608A0620F99A7099F76D990288" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Implicated by Ongoing Litigation [Member] </link:label>
<link:label id="lab_bac_ImplicatedByOngoingLitigationMember_B8C948608A0620F99A7099F76D990288_documentation_en-US" xlink:label="lab_bac_ImplicatedByOngoingLitigationMember_B8C948608A0620F99A7099F76D990288" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Implicated by Ongoing Litigation [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ImplicatedByOngoingLitigationMember" xlink:label="loc_bac_ImplicatedByOngoingLitigationMember_B8C948608A0620F99A7099F76D990288" xlink:type="locator"/>
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<link:label id="lab_bac_InProcessOfReviewMember_A10B956EA93EDCBA6C6599F80B1BF8CD_terseLabel_en-US" xlink:label="lab_bac_InProcessOfReviewMember_A10B956EA93EDCBA6C6599F80B1BF8CD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> In Process of Review [Member] </link:label>
<link:label id="lab_bac_InProcessOfReviewMember_A10B956EA93EDCBA6C6599F80B1BF8CD_label_en-US" xlink:label="lab_bac_InProcessOfReviewMember_A10B956EA93EDCBA6C6599F80B1BF8CD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> In Process of Review [Member] </link:label>
<link:label id="lab_bac_InProcessOfReviewMember_A10B956EA93EDCBA6C6599F80B1BF8CD_documentation_en-US" xlink:label="lab_bac_InProcessOfReviewMember_A10B956EA93EDCBA6C6599F80B1BF8CD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> In Process of Review [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_InProcessOfReviewMember" xlink:label="loc_bac_InProcessOfReviewMember_A10B956EA93EDCBA6C6599F80B1BF8CD" xlink:type="locator"/>
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<link:label id="lab_bac_ReviewedAndBeingContestedMember_EF4776359ACA58D472BE99F89AC043D4_terseLabel_en-US" xlink:label="lab_bac_ReviewedAndBeingContestedMember_EF4776359ACA58D472BE99F89AC043D4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Reviewed and Being Contested [Member] </link:label>
<link:label id="lab_bac_ReviewedAndBeingContestedMember_EF4776359ACA58D472BE99F89AC043D4_label_en-US" xlink:label="lab_bac_ReviewedAndBeingContestedMember_EF4776359ACA58D472BE99F89AC043D4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Reviewed and Being Contested [Member] </link:label>
<link:label id="lab_bac_ReviewedAndBeingContestedMember_EF4776359ACA58D472BE99F89AC043D4_documentation_en-US" xlink:label="lab_bac_ReviewedAndBeingContestedMember_EF4776359ACA58D472BE99F89AC043D4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Reviewed and Being Contested [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ReviewedAndBeingContestedMember" xlink:label="loc_bac_ReviewedAndBeingContestedMember_EF4776359ACA58D472BE99F89AC043D4" xlink:type="locator"/>
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<link:label id="lab_bac_SubjectOfOngoingLitigationMember_89C55C37431685EA053499F92D4793AC_terseLabel_en-US" xlink:label="lab_bac_SubjectOfOngoingLitigationMember_89C55C37431685EA053499F92D4793AC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Subject of Ongoing Litigation [Member] </link:label>
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<link:label id="lab_us-gaap_SecondMortgageMember_C7635B962CC39EB7F117D3B67D53465A_label_en-US" xlink:label="lab_us-gaap_SecondMortgageMember_C7635B962CC39EB7F117D3B67D53465A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Second Mortgage [Member] </link:label>
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<link:label id="lab_us-gaap_FirstMortgageMember_A28DB24CBC313D61A745D3B563E0DB87_label_en-US" xlink:label="lab_us-gaap_FirstMortgageMember_A28DB24CBC313D61A745D3B563E0DB87" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> First Mortgage [Member] </link:label>
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<link:label id="lab_bac_GovernmentSponsoredEnterpriseObligationsMember_1ED4DACB2C4ECDD49163D27259B93BB4_label_en-US" xlink:label="lab_bac_GovernmentSponsoredEnterpriseObligationsMember_1ED4DACB2C4ECDD49163D27259B93BB4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Government sponsored enterprise obligations [Member] </link:label>
<link:label id="lab_bac_GovernmentSponsoredEnterpriseObligationsMember_1ED4DACB2C4ECDD49163D27259B93BB4_documentation_en-US" xlink:label="lab_bac_GovernmentSponsoredEnterpriseObligationsMember_1ED4DACB2C4ECDD49163D27259B93BB4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Government-sponsored enterprise (GSE) obligations. </link:label>
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<link:label id="lab_bac_UnpaidPrincipalBalanceOfLoanGuaranteesSatisfiedMember_5460252B0A6A8E653B3AD3724484BE3D_label_en-US" xlink:label="lab_bac_UnpaidPrincipalBalanceOfLoanGuaranteesSatisfiedMember_5460252B0A6A8E653B3AD3724484BE3D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Unpaid Principal Balance Of Loan Guarantees Satisfied [Member] </link:label>
<link:label id="lab_bac_UnpaidPrincipalBalanceOfLoanGuaranteesSatisfiedMember_5460252B0A6A8E653B3AD3724484BE3D_documentation_en-US" xlink:label="lab_bac_UnpaidPrincipalBalanceOfLoanGuaranteesSatisfiedMember_5460252B0A6A8E653B3AD3724484BE3D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents the unpaid principal balance of loan guarantees satisfied (i.e., for which the reporting entity repurchased and paid indemnification claims for during the period). </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_UnpaidPrincipalBalanceOfLoanGuaranteesSatisfiedMember" xlink:label="loc_bac_UnpaidPrincipalBalanceOfLoanGuaranteesSatisfiedMember_5460252B0A6A8E653B3AD3724484BE3D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_UnpaidPrincipalBalanceOfLoanGuaranteesSatisfiedMember_5460252B0A6A8E653B3AD3724484BE3D" xlink:to="lab_bac_UnpaidPrincipalBalanceOfLoanGuaranteesSatisfiedMember_5460252B0A6A8E653B3AD3724484BE3D" xlink:type="arc"/>
<link:label id="lab_bac_SettlementActionsByCounterpartyAxis_DBE20340E184A9D12FE0D30D30C254D6_label_en-US" xlink:label="lab_bac_SettlementActionsByCounterpartyAxis_DBE20340E184A9D12FE0D30D30C254D6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Settlement Actions By Counterparty [Axis] </link:label>
<link:label id="lab_bac_SettlementActionsByCounterpartyAxis_DBE20340E184A9D12FE0D30D30C254D6_documentation_en-US" xlink:label="lab_bac_SettlementActionsByCounterpartyAxis_DBE20340E184A9D12FE0D30D30C254D6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Information of settlement actions by counter party </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_SettlementActionsByCounterpartyAxis" xlink:label="loc_bac_SettlementActionsByCounterpartyAxis_DBE20340E184A9D12FE0D30D30C254D6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_SettlementActionsByCounterpartyAxis_DBE20340E184A9D12FE0D30D30C254D6" xlink:to="lab_bac_SettlementActionsByCounterpartyAxis_DBE20340E184A9D12FE0D30D30C254D6" xlink:type="arc"/>
<link:label id="lab_bac_SettlementactionsbycounterpartyDomain_37B2B73FC0D3ECCA95CDD30F0AD2325A_label_en-US" xlink:label="lab_bac_SettlementactionsbycounterpartyDomain_37B2B73FC0D3ECCA95CDD30F0AD2325A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> SettlementActionsByCounterparty [Domain] </link:label>
<link:label id="lab_bac_SettlementactionsbycounterpartyDomain_37B2B73FC0D3ECCA95CDD30F0AD2325A_documentation_en-US" xlink:label="lab_bac_SettlementactionsbycounterpartyDomain_37B2B73FC0D3ECCA95CDD30F0AD2325A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents information of settlement actions by counter party. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_SettlementactionsbycounterpartyDomain" xlink:label="loc_bac_SettlementactionsbycounterpartyDomain_37B2B73FC0D3ECCA95CDD30F0AD2325A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_SettlementactionsbycounterpartyDomain_37B2B73FC0D3ECCA95CDD30F0AD2325A" xlink:to="lab_bac_SettlementactionsbycounterpartyDomain_37B2B73FC0D3ECCA95CDD30F0AD2325A" xlink:type="arc"/>
<link:label id="lab_bac_BankOfNewYorkMellonAsTrusteeMember_56E84FCD3B0BEE4E4B29EE0FC133BB1E_label_en-US" xlink:label="lab_bac_BankOfNewYorkMellonAsTrusteeMember_56E84FCD3B0BEE4E4B29EE0FC133BB1E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Bank Of New York Mellon As Trustee [Member] </link:label>
<link:label id="lab_bac_BankOfNewYorkMellonAsTrusteeMember_56E84FCD3B0BEE4E4B29EE0FC133BB1E_documentation_en-US" xlink:label="lab_bac_BankOfNewYorkMellonAsTrusteeMember_56E84FCD3B0BEE4E4B29EE0FC133BB1E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Bank Of New York Mellon As Trustee [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_BankOfNewYorkMellonAsTrusteeMember" xlink:label="loc_bac_BankOfNewYorkMellonAsTrusteeMember_56E84FCD3B0BEE4E4B29EE0FC133BB1E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_BankOfNewYorkMellonAsTrusteeMember_56E84FCD3B0BEE4E4B29EE0FC133BB1E" xlink:to="lab_bac_BankOfNewYorkMellonAsTrusteeMember_56E84FCD3B0BEE4E4B29EE0FC133BB1E" xlink:type="arc"/>
<link:label id="lab_bac_AssuredGuarantyMember_F4EF3F2A39EB276BF091D3D39059252B_label_en-US" xlink:label="lab_bac_AssuredGuarantyMember_F4EF3F2A39EB276BF091D3D39059252B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Assured Guaranty [Member] </link:label>
<link:label id="lab_bac_AssuredGuarantyMember_F4EF3F2A39EB276BF091D3D39059252B_documentation_en-US" xlink:label="lab_bac_AssuredGuarantyMember_F4EF3F2A39EB276BF091D3D39059252B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Assured Guaranty [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_AssuredGuarantyMember" xlink:label="loc_bac_AssuredGuarantyMember_F4EF3F2A39EB276BF091D3D39059252B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_AssuredGuarantyMember_F4EF3F2A39EB276BF091D3D39059252B" xlink:to="lab_bac_AssuredGuarantyMember_F4EF3F2A39EB276BF091D3D39059252B" xlink:type="arc"/>
<link:label id="lab_bac_GovernmentSponsoredEnterpriseObligationsMember_4E0D27558F267F12D66099D67FEF74A6_terseLabel_en-US" xlink:label="lab_bac_GovernmentSponsoredEnterpriseObligationsMember_4E0D27558F267F12D66099D67FEF74A6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Government sponsored enterprise obligations [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_GovernmentSponsoredEnterpriseObligationsMember" xlink:label="loc_bac_GovernmentSponsoredEnterpriseObligationsMember_4E0D27558F267F12D66099D67FEF74A6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_GovernmentSponsoredEnterpriseObligationsMember_4E0D27558F267F12D66099D67FEF74A6" xlink:to="lab_bac_GovernmentSponsoredEnterpriseObligationsMember_4E0D27558F267F12D66099D67FEF74A6" xlink:type="arc"/>
<link:label id="lab_bac_OtherNonGovernmentSponsoredEntitesMember_5D67E7EB9ACA2383484E99DA67D60BEC_terseLabel_en-US" xlink:label="lab_bac_OtherNonGovernmentSponsoredEntitesMember_5D67E7EB9ACA2383484E99DA67D60BEC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other Non Government Sponsored Entites [Member] </link:label>
<link:label id="lab_bac_OtherNonGovernmentSponsoredEntitesMember_5D67E7EB9ACA2383484E99DA67D60BEC_label_en-US" xlink:label="lab_bac_OtherNonGovernmentSponsoredEntitesMember_5D67E7EB9ACA2383484E99DA67D60BEC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Non Government Sponsored Entites [Member] </link:label>
<link:label id="lab_bac_OtherNonGovernmentSponsoredEntitesMember_5D67E7EB9ACA2383484E99DA67D60BEC_documentation_en-US" xlink:label="lab_bac_OtherNonGovernmentSponsoredEntitesMember_5D67E7EB9ACA2383484E99DA67D60BEC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Other Non Government Sponsored Entites [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_OtherNonGovernmentSponsoredEntitesMember" xlink:label="loc_bac_OtherNonGovernmentSponsoredEntitesMember_5D67E7EB9ACA2383484E99DA67D60BEC" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_OtherNonGovernmentSponsoredEntitesMember_5D67E7EB9ACA2383484E99DA67D60BEC" xlink:to="lab_bac_OtherNonGovernmentSponsoredEntitesMember_5D67E7EB9ACA2383484E99DA67D60BEC" xlink:type="arc"/>
<link:label id="lab_bac_PeriodOfDefaultedLoansLeadingToIncreaseInClaims_239067F2324B153CD0EA9511834B5C06_terseLabel_en-US" xlink:label="lab_bac_PeriodOfDefaultedLoansLeadingToIncreaseInClaims_239067F2324B153CD0EA9511834B5C06" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Period of Defaulted Loans Leading to an Increase in Claims </link:label>
<link:label id="lab_bac_PeriodOfDefaultedLoansLeadingToIncreaseInClaims_239067F2324B153CD0EA9511834B5C06_label_en-US" xlink:label="lab_bac_PeriodOfDefaultedLoansLeadingToIncreaseInClaims_239067F2324B153CD0EA9511834B5C06" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Period of Defaulted Loans Leading to an Increase in Claims </link:label>
<link:label id="lab_bac_PeriodOfDefaultedLoansLeadingToIncreaseInClaims_239067F2324B153CD0EA9511834B5C06_documentation_en-US" xlink:label="lab_bac_PeriodOfDefaultedLoansLeadingToIncreaseInClaims_239067F2324B153CD0EA9511834B5C06" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Period of Defaulted Loans Leading to an Increase in Claims </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PeriodOfDefaultedLoansLeadingToIncreaseInClaims" xlink:label="loc_bac_PeriodOfDefaultedLoansLeadingToIncreaseInClaims_239067F2324B153CD0EA9511834B5C06" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_PeriodOfDefaultedLoansLeadingToIncreaseInClaims_239067F2324B153CD0EA9511834B5C06" xlink:to="lab_bac_PeriodOfDefaultedLoansLeadingToIncreaseInClaims_239067F2324B153CD0EA9511834B5C06" xlink:type="arc"/>
<link:label id="lab_bac_RepurchaseClaimsTrendOfNumberOfPaymentsMadeByBorrowerDefaultedLoans_169F5D087478304938A8D0387EA3D03B_terseLabel_en-US" xlink:label="lab_bac_RepurchaseClaimsTrendOfNumberOfPaymentsMadeByBorrowerDefaultedLoans_169F5D087478304938A8D0387EA3D03B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Number of Payments Made By Borrower </link:label>
<link:label id="lab_bac_RepurchaseClaimsTrendOfNumberOfPaymentsMadeByBorrowerDefaultedLoans_169F5D087478304938A8D0387EA3D03B_label_en-US" xlink:label="lab_bac_RepurchaseClaimsTrendOfNumberOfPaymentsMadeByBorrowerDefaultedLoans_169F5D087478304938A8D0387EA3D03B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Repurchase Claims, Trend of Number of Payments Made By Borrower, Defaulted Loans </link:label>
<link:label id="lab_bac_RepurchaseClaimsTrendOfNumberOfPaymentsMadeByBorrowerDefaultedLoans_169F5D087478304938A8D0387EA3D03B_documentation_en-US" xlink:label="lab_bac_RepurchaseClaimsTrendOfNumberOfPaymentsMadeByBorrowerDefaultedLoans_169F5D087478304938A8D0387EA3D03B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Repurchase Claims, Trend of Number of Payments Made By Borrower, Defaulted Loans </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_RepurchaseClaimsTrendOfNumberOfPaymentsMadeByBorrowerDefaultedLoans" xlink:label="loc_bac_RepurchaseClaimsTrendOfNumberOfPaymentsMadeByBorrowerDefaultedLoans_169F5D087478304938A8D0387EA3D03B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_RepurchaseClaimsTrendOfNumberOfPaymentsMadeByBorrowerDefaultedLoans_169F5D087478304938A8D0387EA3D03B" xlink:to="lab_bac_RepurchaseClaimsTrendOfNumberOfPaymentsMadeByBorrowerDefaultedLoans_169F5D087478304938A8D0387EA3D03B" xlink:type="arc"/>
<link:label id="lab_bac_PercentageOfLoansUnderlyingOutstandingRepurchaseDemands_0B2A2C0AE8F006BA2957D039553FED9D_terseLabel_en-US" xlink:label="lab_bac_PercentageOfLoansUnderlyingOutstandingRepurchaseDemands_0B2A2C0AE8F006BA2957D039553FED9D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Percentage of loans underlying outstanding repurchase demands </link:label>
<link:label id="lab_bac_PercentageOfLoansUnderlyingOutstandingRepurchaseDemands_0B2A2C0AE8F006BA2957D039553FED9D_label_en-US" xlink:label="lab_bac_PercentageOfLoansUnderlyingOutstandingRepurchaseDemands_0B2A2C0AE8F006BA2957D039553FED9D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Percentage of loans underlying outstanding repurchase demands </link:label>
<link:label id="lab_bac_PercentageOfLoansUnderlyingOutstandingRepurchaseDemands_0B2A2C0AE8F006BA2957D039553FED9D_documentation_en-US" xlink:label="lab_bac_PercentageOfLoansUnderlyingOutstandingRepurchaseDemands_0B2A2C0AE8F006BA2957D039553FED9D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the portion of loans' outstanding purchase demands that were originated by third-party correspondent originators, as a percent of those underlying purchase demands. The Corporation has the right to seek recovery of related losses from the correspondent originator. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PercentageOfLoansUnderlyingOutstandingRepurchaseDemands" xlink:label="loc_bac_PercentageOfLoansUnderlyingOutstandingRepurchaseDemands_0B2A2C0AE8F006BA2957D039553FED9D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_PercentageOfLoansUnderlyingOutstandingRepurchaseDemands_0B2A2C0AE8F006BA2957D039553FED9D" xlink:to="lab_bac_PercentageOfLoansUnderlyingOutstandingRepurchaseDemands_0B2A2C0AE8F006BA2957D039553FED9D" xlink:type="arc"/>
<link:label id="lab_bac_NumberOfTrustsInvolvedInSettlementAgreement_445E7E442E44F1A8C3F2D3AA21001769_terseLabel_en-US" xlink:label="lab_bac_NumberOfTrustsInvolvedInSettlementAgreement_445E7E442E44F1A8C3F2D3AA21001769" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Number Of Trusts Involved In Settlement Agreement </link:label>
<link:label id="lab_bac_NumberOfTrustsInvolvedInSettlementAgreement_445E7E442E44F1A8C3F2D3AA21001769_label_en-US" xlink:label="lab_bac_NumberOfTrustsInvolvedInSettlementAgreement_445E7E442E44F1A8C3F2D3AA21001769" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Number Of Trusts Involved In Settlement Agreement </link:label>
<link:label id="lab_bac_NumberOfTrustsInvolvedInSettlementAgreement_445E7E442E44F1A8C3F2D3AA21001769_documentation_en-US" xlink:label="lab_bac_NumberOfTrustsInvolvedInSettlementAgreement_445E7E442E44F1A8C3F2D3AA21001769" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Number Of Trusts Involved In Settlement Agreement </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_NumberOfTrustsInvolvedInSettlementAgreement" xlink:label="loc_bac_NumberOfTrustsInvolvedInSettlementAgreement_445E7E442E44F1A8C3F2D3AA21001769" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_NumberOfTrustsInvolvedInSettlementAgreement_445E7E442E44F1A8C3F2D3AA21001769" xlink:to="lab_bac_NumberOfTrustsInvolvedInSettlementAgreement_445E7E442E44F1A8C3F2D3AA21001769" xlink:type="arc"/>
<link:label id="lab_bac_OriginalPrincipalBalanceOfLoansOriginated_CE1A9C1E87F67553CD81D39C6A66F800_terseLabel_en-US" xlink:label="lab_bac_OriginalPrincipalBalanceOfLoansOriginated_CE1A9C1E87F67553CD81D39C6A66F800" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Original Principal Balance Of Loans Originated </link:label>
<link:label id="lab_bac_OriginalPrincipalBalanceOfLoansOriginated_CE1A9C1E87F67553CD81D39C6A66F800_label_en-US" xlink:label="lab_bac_OriginalPrincipalBalanceOfLoansOriginated_CE1A9C1E87F67553CD81D39C6A66F800" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Original Principal Balance Of Loans Originated </link:label>
<link:label id="lab_bac_OriginalPrincipalBalanceOfLoansOriginated_CE1A9C1E87F67553CD81D39C6A66F800_documentation_en-US" xlink:label="lab_bac_OriginalPrincipalBalanceOfLoansOriginated_CE1A9C1E87F67553CD81D39C6A66F800" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> The original principal balance of loans originated, at reporting date. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_OriginalPrincipalBalanceOfLoansOriginated" xlink:label="loc_bac_OriginalPrincipalBalanceOfLoansOriginated_CE1A9C1E87F67553CD81D39C6A66F800" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_OriginalPrincipalBalanceOfLoansOriginated_CE1A9C1E87F67553CD81D39C6A66F800" xlink:to="lab_bac_OriginalPrincipalBalanceOfLoansOriginated_CE1A9C1E87F67553CD81D39C6A66F800" xlink:type="arc"/>
<link:label id="lab_bac_OriginalPrincipalBalanceOfLoansOriginatedDuringPeriod_6FCB860D48C436EEAEDF99BA692057B5_terseLabel_en-US" xlink:label="lab_bac_OriginalPrincipalBalanceOfLoansOriginatedDuringPeriod_6FCB860D48C436EEAEDF99BA692057B5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Original Principal Balance of Loans Originated During Period </link:label>
<link:label id="lab_bac_OriginalPrincipalBalanceOfLoansOriginatedDuringPeriod_6FCB860D48C436EEAEDF99BA692057B5_label_en-US" xlink:label="lab_bac_OriginalPrincipalBalanceOfLoansOriginatedDuringPeriod_6FCB860D48C436EEAEDF99BA692057B5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Original Principal Balance of Loans Originated During Period </link:label>
<link:label id="lab_bac_OriginalPrincipalBalanceOfLoansOriginatedDuringPeriod_6FCB860D48C436EEAEDF99BA692057B5_documentation_en-US" xlink:label="lab_bac_OriginalPrincipalBalanceOfLoansOriginatedDuringPeriod_6FCB860D48C436EEAEDF99BA692057B5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Original Principal Balance of Loans Originated During Period </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_OriginalPrincipalBalanceOfLoansOriginatedDuringPeriod" xlink:label="loc_bac_OriginalPrincipalBalanceOfLoansOriginatedDuringPeriod_6FCB860D48C436EEAEDF99BA692057B5" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_OriginalPrincipalBalanceOfLoansOriginatedDuringPeriod_6FCB860D48C436EEAEDF99BA692057B5" xlink:to="lab_bac_OriginalPrincipalBalanceOfLoansOriginatedDuringPeriod_6FCB860D48C436EEAEDF99BA692057B5" xlink:type="arc"/>
<link:label id="lab_bac_PrincipalAmountOutstandingOnLoansSecuritizedInDefault_F986DD0C25755F425924D3A4C64CEBE2_terseLabel_en-US" xlink:label="lab_bac_PrincipalAmountOutstandingOnLoansSecuritizedInDefault_F986DD0C25755F425924D3A4C64CEBE2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Principal Amount Outstanding On Loans Securitized In Default </link:label>
<link:label id="lab_bac_PrincipalAmountOutstandingOnLoansSecuritizedInDefault_F986DD0C25755F425924D3A4C64CEBE2_label_en-US" xlink:label="lab_bac_PrincipalAmountOutstandingOnLoansSecuritizedInDefault_F986DD0C25755F425924D3A4C64CEBE2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Principal Amount Outstanding On Loans Securitized In Default </link:label>
<link:label id="lab_bac_PrincipalAmountOutstandingOnLoansSecuritizedInDefault_F986DD0C25755F425924D3A4C64CEBE2_documentation_en-US" xlink:label="lab_bac_PrincipalAmountOutstandingOnLoansSecuritizedInDefault_F986DD0C25755F425924D3A4C64CEBE2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This is the principal amount outstanding for securitized loans only (across all types of loans), that are in default, at reporting date. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PrincipalAmountOutstandingOnLoansSecuritizedInDefault" xlink:label="loc_bac_PrincipalAmountOutstandingOnLoansSecuritizedInDefault_F986DD0C25755F425924D3A4C64CEBE2" xlink:type="locator"/>
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<link:label id="lab_bac_PrincipalAmountOutstandingOnLoansSecuritizedInDefaultDuringPeriod_BDF7FC0EDAE013B030CA99C4AA092B94_terseLabel_en-US" xlink:label="lab_bac_PrincipalAmountOutstandingOnLoansSecuritizedInDefaultDuringPeriod_BDF7FC0EDAE013B030CA99C4AA092B94" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Principal Amount Outstanding On Loans Securitized In Default During Period </link:label>
<link:label id="lab_bac_PrincipalAmountOutstandingOnLoansSecuritizedInDefaultDuringPeriod_BDF7FC0EDAE013B030CA99C4AA092B94_label_en-US" xlink:label="lab_bac_PrincipalAmountOutstandingOnLoansSecuritizedInDefaultDuringPeriod_BDF7FC0EDAE013B030CA99C4AA092B94" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Principal Amount Outstanding On Loans Securitized In Default During Period </link:label>
<link:label id="lab_bac_PrincipalAmountOutstandingOnLoansSecuritizedInDefaultDuringPeriod_BDF7FC0EDAE013B030CA99C4AA092B94_documentation_en-US" xlink:label="lab_bac_PrincipalAmountOutstandingOnLoansSecuritizedInDefaultDuringPeriod_BDF7FC0EDAE013B030CA99C4AA092B94" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Principal Amount Outstanding On Loans Securitized In Default During Period </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PrincipalAmountOutstandingOnLoansSecuritizedInDefaultDuringPeriod" xlink:label="loc_bac_PrincipalAmountOutstandingOnLoansSecuritizedInDefaultDuringPeriod_BDF7FC0EDAE013B030CA99C4AA092B94" xlink:type="locator"/>
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<link:label id="lab_bac_NumberOfInstitutionalInvestorsInvolvedInSettlementAgreement_0689C1F83D84E4B3706CD03BA6E6BBD8_terseLabel_en-US" xlink:label="lab_bac_NumberOfInstitutionalInvestorsInvolvedInSettlementAgreement_0689C1F83D84E4B3706CD03BA6E6BBD8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Number Of Institutional Investors Involved In Settlement Agreement </link:label>
<link:label id="lab_bac_NumberOfInstitutionalInvestorsInvolvedInSettlementAgreement_0689C1F83D84E4B3706CD03BA6E6BBD8_label_en-US" xlink:label="lab_bac_NumberOfInstitutionalInvestorsInvolvedInSettlementAgreement_0689C1F83D84E4B3706CD03BA6E6BBD8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Number Of Institutional Investors Involved In Settlement Agreement </link:label>
<link:label id="lab_bac_NumberOfInstitutionalInvestorsInvolvedInSettlementAgreement_0689C1F83D84E4B3706CD03BA6E6BBD8_documentation_en-US" xlink:label="lab_bac_NumberOfInstitutionalInvestorsInvolvedInSettlementAgreement_0689C1F83D84E4B3706CD03BA6E6BBD8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Number of institutional investors involved in settlement agreement. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_NumberOfInstitutionalInvestorsInvolvedInSettlementAgreement" xlink:label="loc_bac_NumberOfInstitutionalInvestorsInvolvedInSettlementAgreement_0689C1F83D84E4B3706CD03BA6E6BBD8" xlink:type="locator"/>
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<link:label id="lab_bac_OutstandingClaimsFromMortgageInsuranceRecissionNotices_1F0AF61D3F0D1DC7941E99DF74C24A08_terseLabel_en-US" xlink:label="lab_bac_OutstandingClaimsFromMortgageInsuranceRecissionNotices_1F0AF61D3F0D1DC7941E99DF74C24A08" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Outstanding Claims, From Mortgage Insurance Recission Notices </link:label>
<link:label id="lab_bac_OutstandingClaimsFromMortgageInsuranceRecissionNotices_1F0AF61D3F0D1DC7941E99DF74C24A08_label_en-US" xlink:label="lab_bac_OutstandingClaimsFromMortgageInsuranceRecissionNotices_1F0AF61D3F0D1DC7941E99DF74C24A08" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Outstanding Claims, From Mortgage Insurance Recission Notices </link:label>
<link:label id="lab_bac_OutstandingClaimsFromMortgageInsuranceRecissionNotices_1F0AF61D3F0D1DC7941E99DF74C24A08_documentation_en-US" xlink:label="lab_bac_OutstandingClaimsFromMortgageInsuranceRecissionNotices_1F0AF61D3F0D1DC7941E99DF74C24A08" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Outstanding Claims, From Mortgage Insurance Recission Notices </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_OutstandingClaimsFromMortgageInsuranceRecissionNotices" xlink:label="loc_bac_OutstandingClaimsFromMortgageInsuranceRecissionNotices_1F0AF61D3F0D1DC7941E99DF74C24A08" xlink:type="locator"/>
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<link:label id="lab_us-gaap_LitigationSettlementGross_F1A262E1E64D224EA47FD03C0B4C985A_terseLabel_en-US" xlink:label="lab_us-gaap_LitigationSettlementGross_F1A262E1E64D224EA47FD03C0B4C985A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Settlement Payment </link:label>
<link:label id="lab_us-gaap_LitigationSettlementGross_F1A262E1E64D224EA47FD03C0B4C985A_label_en-US" xlink:label="lab_us-gaap_LitigationSettlementGross_F1A262E1E64D224EA47FD03C0B4C985A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Litigation Settlement, Gross </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LitigationSettlementGross" xlink:label="loc_us-gaap_LitigationSettlementGross_F1A262E1E64D224EA47FD03C0B4C985A" xlink:type="locator"/>
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<link:label id="lab_us-gaap_LitigationReserve_2272029FBA691F253C17D03D39D9B396_terseLabel_en-US" xlink:label="lab_us-gaap_LitigationReserve_2272029FBA691F253C17D03D39D9B396" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Estimated Litigation Liability </link:label>
<link:label id="lab_us-gaap_LitigationReserve_2272029FBA691F253C17D03D39D9B396_label_en-US" xlink:label="lab_us-gaap_LitigationReserve_2272029FBA691F253C17D03D39D9B396" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Estimated Litigation Liability </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LitigationReserve" xlink:label="loc_us-gaap_LitigationReserve_2272029FBA691F253C17D03D39D9B396" xlink:type="locator"/>
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<link:label id="lab_bac_PrivatePlacementsFromWhichPlaintiffsPurchasedMortgageBackedSecuritiesIssuedByCountryWideFinancialCorporationRelatedEntities_CEEB14EF1DCEC1F4B72BD03DC9792C1E_terseLabel_en-US" xlink:label="lab_bac_PrivatePlacementsFromWhichPlaintiffsPurchasedMortgageBackedSecuritiesIssuedByCountryWideFinancialCorporationRelatedEntities_CEEB14EF1DCEC1F4B72BD03DC9792C1E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Private Placements From Which Plaintiffs Purchased Mortgage Backed Securities Issued By Country Wide Financial Corporation Related Entities </link:label>
<link:label id="lab_bac_PrivatePlacementsFromWhichPlaintiffsPurchasedMortgageBackedSecuritiesIssuedByCountryWideFinancialCorporationRelatedEntities_CEEB14EF1DCEC1F4B72BD03DC9792C1E_label_en-US" xlink:label="lab_bac_PrivatePlacementsFromWhichPlaintiffsPurchasedMortgageBackedSecuritiesIssuedByCountryWideFinancialCorporationRelatedEntities_CEEB14EF1DCEC1F4B72BD03DC9792C1E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Private Placements From Which Plaintiffs Purchased Mortgage Backed Securities Issued By Country Wide Financial Corporation Related Entities </link:label>
<link:label id="lab_bac_PrivatePlacementsFromWhichPlaintiffsPurchasedMortgageBackedSecuritiesIssuedByCountryWideFinancialCorporationRelatedEntities_CEEB14EF1DCEC1F4B72BD03DC9792C1E_documentation_en-US" xlink:label="lab_bac_PrivatePlacementsFromWhichPlaintiffsPurchasedMortgageBackedSecuritiesIssuedByCountryWideFinancialCorporationRelatedEntities_CEEB14EF1DCEC1F4B72BD03DC9792C1E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Private placements from which plaintiffs purchased MBS issued by country wide financial corporation related entities. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PrivatePlacementsFromWhichPlaintiffsPurchasedMortgageBackedSecuritiesIssuedByCountryWideFinancialCorporationRelatedEntities" xlink:label="loc_bac_PrivatePlacementsFromWhichPlaintiffsPurchasedMortgageBackedSecuritiesIssuedByCountryWideFinancialCorporationRelatedEntities_CEEB14EF1DCEC1F4B72BD03DC9792C1E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_PrivatePlacementsFromWhichPlaintiffsPurchasedMortgageBackedSecuritiesIssuedByCountryWideFinancialCorporationRelatedEntities_CEEB14EF1DCEC1F4B72BD03DC9792C1E" xlink:to="lab_bac_PrivatePlacementsFromWhichPlaintiffsPurchasedMortgageBackedSecuritiesIssuedByCountryWideFinancialCorporationRelatedEntities_CEEB14EF1DCEC1F4B72BD03DC9792C1E" xlink:type="arc"/>
<link:label id="lab_bac_NumberOfGroupsWithOpportunityToDisputeLegalSettlement_1C616B34A3C901208BEFD03EEAFB7D52_terseLabel_en-US" xlink:label="lab_bac_NumberOfGroupsWithOpportunityToDisputeLegalSettlement_1C616B34A3C901208BEFD03EEAFB7D52" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Number of Groups With Opportunity to Dispute Legal Settlement </link:label>
<link:label id="lab_bac_NumberOfGroupsWithOpportunityToDisputeLegalSettlement_1C616B34A3C901208BEFD03EEAFB7D52_label_en-US" xlink:label="lab_bac_NumberOfGroupsWithOpportunityToDisputeLegalSettlement_1C616B34A3C901208BEFD03EEAFB7D52" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Number of Groups With Opportunity to Dispute Legal Settlement </link:label>
<link:label id="lab_bac_NumberOfGroupsWithOpportunityToDisputeLegalSettlement_1C616B34A3C901208BEFD03EEAFB7D52_documentation_en-US" xlink:label="lab_bac_NumberOfGroupsWithOpportunityToDisputeLegalSettlement_1C616B34A3C901208BEFD03EEAFB7D52" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Number of Groups With Opportunity to Dispute Legal Settlement </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_NumberOfGroupsWithOpportunityToDisputeLegalSettlement" xlink:label="loc_bac_NumberOfGroupsWithOpportunityToDisputeLegalSettlement_1C616B34A3C901208BEFD03EEAFB7D52" xlink:type="locator"/>
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<link:label id="lab_bac_NumberOfGroupsWithOpportunityToDisputeLegalSettlementWhoHaveWithdrawnFromProceedings_AE9112587DB47273C99C951871562232_terseLabel_en-US" xlink:label="lab_bac_NumberOfGroupsWithOpportunityToDisputeLegalSettlementWhoHaveWithdrawnFromProceedings_AE9112587DB47273C99C951871562232" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Number of Groups With Opportunity to Dispute Legal Settlement, Who Have Withdrawn From Proceedings </link:label>
<link:label id="lab_bac_NumberOfGroupsWithOpportunityToDisputeLegalSettlementWhoHaveWithdrawnFromProceedings_AE9112587DB47273C99C951871562232_label_en-US" xlink:label="lab_bac_NumberOfGroupsWithOpportunityToDisputeLegalSettlementWhoHaveWithdrawnFromProceedings_AE9112587DB47273C99C951871562232" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Number of Groups With Opportunity to Dispute Legal Settlement, Who Have Withdrawn From Proceedings </link:label>
<link:label id="lab_bac_NumberOfGroupsWithOpportunityToDisputeLegalSettlementWhoHaveWithdrawnFromProceedings_AE9112587DB47273C99C951871562232_documentation_en-US" xlink:label="lab_bac_NumberOfGroupsWithOpportunityToDisputeLegalSettlementWhoHaveWithdrawnFromProceedings_AE9112587DB47273C99C951871562232" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Number of Groups With Opportunity to Dispute Legal Settlement, Who Have Withdrawn From Proceedings </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_NumberOfGroupsWithOpportunityToDisputeLegalSettlementWhoHaveWithdrawnFromProceedings" xlink:label="loc_bac_NumberOfGroupsWithOpportunityToDisputeLegalSettlementWhoHaveWithdrawnFromProceedings_AE9112587DB47273C99C951871562232" xlink:type="locator"/>
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<link:label id="lab_us-gaap_PrincipalAmountOutstandingOnLoansSecuritized_B7F670FECA35D9CCE5DDD3C735338AD8_terseLabel_en-US" xlink:label="lab_us-gaap_PrincipalAmountOutstandingOnLoansSecuritized_B7F670FECA35D9CCE5DDD3C735338AD8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Principal Amount Outstanding on Loans Securitized or Asset-backed Financing Arrangement </link:label>
<link:label id="lab_us-gaap_PrincipalAmountOutstandingOnLoansSecuritized_B7F670FECA35D9CCE5DDD3C735338AD8_label_en-US" xlink:label="lab_us-gaap_PrincipalAmountOutstandingOnLoansSecuritized_B7F670FECA35D9CCE5DDD3C735338AD8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Principal Amount Outstanding on Loans Securitized or Asset-backed Financing Arrangement </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_PrincipalAmountOutstandingOnLoansSecuritized" xlink:label="loc_us-gaap_PrincipalAmountOutstandingOnLoansSecuritized_B7F670FECA35D9CCE5DDD3C735338AD8" xlink:type="locator"/>
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<link:label id="lab_bac_LoanLossInsuranceValueOfReinsuranceArrangement_A24F67FEBDC9B1606749D3DC5F046DE5_terseLabel_en-US" xlink:label="lab_bac_LoanLossInsuranceValueOfReinsuranceArrangement_A24F67FEBDC9B1606749D3DC5F046DE5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loan Loss Insurance Value Of Reinsurance Arrangement </link:label>
<link:label id="lab_bac_LoanLossInsuranceValueOfReinsuranceArrangement_A24F67FEBDC9B1606749D3DC5F046DE5_label_en-US" xlink:label="lab_bac_LoanLossInsuranceValueOfReinsuranceArrangement_A24F67FEBDC9B1606749D3DC5F046DE5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loan Loss Insurance Value Of Reinsurance Arrangement </link:label>
<link:label id="lab_bac_LoanLossInsuranceValueOfReinsuranceArrangement_A24F67FEBDC9B1606749D3DC5F046DE5_documentation_en-US" xlink:label="lab_bac_LoanLossInsuranceValueOfReinsuranceArrangement_A24F67FEBDC9B1606749D3DC5F046DE5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> The reinsurance value of an insured loan portfolio against losses. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_LoanLossInsuranceValueOfReinsuranceArrangement" xlink:label="loc_bac_LoanLossInsuranceValueOfReinsuranceArrangement_A24F67FEBDC9B1606749D3DC5F046DE5" xlink:type="locator"/>
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<link:label id="lab_bac_PaymentForLitigationSettlement_246E0603C294E2502A6499D302B35C38_terseLabel_en-US" xlink:label="lab_bac_PaymentForLitigationSettlement_246E0603C294E2502A6499D302B35C38" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Payment for Litigation Settlement </link:label>
<link:label id="lab_bac_PaymentForLitigationSettlement_246E0603C294E2502A6499D302B35C38_label_en-US" xlink:label="lab_bac_PaymentForLitigationSettlement_246E0603C294E2502A6499D302B35C38" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Payment for Litigation Settlement </link:label>
<link:label id="lab_bac_PaymentForLitigationSettlement_246E0603C294E2502A6499D302B35C38_documentation_en-US" xlink:label="lab_bac_PaymentForLitigationSettlement_246E0603C294E2502A6499D302B35C38" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Payment for Litigation Settlement </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PaymentForLitigationSettlement" xlink:label="loc_bac_PaymentForLitigationSettlement_246E0603C294E2502A6499D302B35C38" xlink:type="locator"/>
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<link:label id="lab_us-gaap_GainLossRelatedToLitigationSettlement_6A672D890A4C046A90B1D3F04D462466_terseLabel_en-US" xlink:label="lab_us-gaap_GainLossRelatedToLitigationSettlement_6A672D890A4C046A90B1D3F04D462466" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Gain (Loss) Related to Litigation Settlement </link:label>
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<link:label id="lab_bac_AgreementReachedToResolveRepurchaseClaimsForResidentialMortgageLoansSoldToGsesRelatedToLegacySubsidiaryEntities_9BF7C5B8881195681E2AD034EEFA3260_terseLabel_en-US" xlink:label="lab_bac_AgreementReachedToResolveRepurchaseClaimsForResidentialMortgageLoansSoldToGsesRelatedToLegacySubsidiaryEntities_9BF7C5B8881195681E2AD034EEFA3260" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Agreement Reached To Resolve Repurchase Claims For Residential Mortgage Loans Sold To Gses Related To Legacy Subsidiary Entities </link:label>
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<link:label id="lab_bac_NewPurchaseClaims_6C35C6B2CB8F1C6D8316D0357D944DE7_terseLabel_en-US" xlink:label="lab_bac_NewPurchaseClaims_6C35C6B2CB8F1C6D8316D0357D944DE7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> New Purchase Claims </link:label>
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<link:label id="lab_bac_NumberOfOpenMortgageInsuranceRescissionNotices_431469AF86F25D1FEACE99E82C1182CE_terseLabel_en-US" xlink:label="lab_bac_NumberOfOpenMortgageInsuranceRescissionNotices_431469AF86F25D1FEACE99E82C1182CE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Number of Open Mortgage Insurance Rescission Notices </link:label>
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<link:label id="lab_us-gaap_PaymentsForLegalSettlements_AE9C0935E91E9CDE3290D3D1C9791F7F_terseLabel_en-US" xlink:label="lab_us-gaap_PaymentsForLegalSettlements_AE9C0935E91E9CDE3290D3D1C9791F7F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Payments for Legal Settlements </link:label>
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<link:label id="lab_bac_RepresentationsWarrantiesAndCorporateGuaranteesProvision_4D52C75AF55F1B15DCFFD27109F23247_terseLabel_en-US" xlink:label="lab_bac_RepresentationsWarrantiesAndCorporateGuaranteesProvision_4D52C75AF55F1B15DCFFD27109F23247" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Provision </link:label>
<link:label id="lab_bac_RepresentationsWarrantiesAndCorporateGuaranteesProvision_4D52C75AF55F1B15DCFFD27109F23247_label_en-US" xlink:label="lab_bac_RepresentationsWarrantiesAndCorporateGuaranteesProvision_4D52C75AF55F1B15DCFFD27109F23247" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Representations Warranties And Corporate Guarantees Provision </link:label>
<link:label id="lab_bac_RepresentationsWarrantiesAndCorporateGuaranteesProvision_4D52C75AF55F1B15DCFFD27109F23247_documentation_en-US" xlink:label="lab_bac_RepresentationsWarrantiesAndCorporateGuaranteesProvision_4D52C75AF55F1B15DCFFD27109F23247" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents an estimate of possible future losses related to the liability for representations and warranties and corporate guarantees. The amount is recorded as representation and warranty expense for the period in mortgage banking income. </link:label>
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<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_RepresentationsWarrantiesAndCorporateGuaranteesProvision_4D52C75AF55F1B15DCFFD27109F23247" xlink:to="lab_bac_RepresentationsWarrantiesAndCorporateGuaranteesProvision_4D52C75AF55F1B15DCFFD27109F23247" xlink:type="arc"/>
<link:label id="lab_bac_RepresentationsWarrantiesAndGuaranteesMaximumExposureAboveExistingAccruals_6EC98F237569D8847FC0D4480B6E00A2_terseLabel_en-US" xlink:label="lab_bac_RepresentationsWarrantiesAndGuaranteesMaximumExposureAboveExistingAccruals_6EC98F237569D8847FC0D4480B6E00A2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Representations Warranties And Guarantees Maximum Exposure Above Existing Accruals </link:label>
<link:label id="lab_bac_RepresentationsWarrantiesAndGuaranteesMaximumExposureAboveExistingAccruals_6EC98F237569D8847FC0D4480B6E00A2_label_en-US" xlink:label="lab_bac_RepresentationsWarrantiesAndGuaranteesMaximumExposureAboveExistingAccruals_6EC98F237569D8847FC0D4480B6E00A2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Representations Warranties And Guarantees Maximum Exposure Above Existing Accruals </link:label>
<link:label id="lab_bac_RepresentationsWarrantiesAndGuaranteesMaximumExposureAboveExistingAccruals_6EC98F237569D8847FC0D4480B6E00A2_documentation_en-US" xlink:label="lab_bac_RepresentationsWarrantiesAndGuaranteesMaximumExposureAboveExistingAccruals_6EC98F237569D8847FC0D4480B6E00A2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents the maximum exposure to representations, warranties, and guarantees above existing accrued amounts. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_RepresentationsWarrantiesAndGuaranteesMaximumExposureAboveExistingAccruals" xlink:label="loc_bac_RepresentationsWarrantiesAndGuaranteesMaximumExposureAboveExistingAccruals_6EC98F237569D8847FC0D4480B6E00A2" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_RepresentationsWarrantiesAndGuaranteesMaximumExposureAboveExistingAccruals_6EC98F237569D8847FC0D4480B6E00A2" xlink:to="lab_bac_RepresentationsWarrantiesAndGuaranteesMaximumExposureAboveExistingAccruals_6EC98F237569D8847FC0D4480B6E00A2" xlink:type="arc"/>
<link:label id="lab_bac_PercentageOfVotingRightsOfOutstandingSecuritiesRequiredToInvestigateLoansFilesAndDemandRepurchaseOfLoans_DCA74312F7AFA78C48B9D2769A1E601C_terseLabel_en-US" xlink:label="lab_bac_PercentageOfVotingRightsOfOutstandingSecuritiesRequiredToInvestigateLoansFilesAndDemandRepurchaseOfLoans_DCA74312F7AFA78C48B9D2769A1E601C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Percentage of the voting rights of outstanding securities required to investigate loans files and demand repurchase of loans </link:label>
<link:label id="lab_bac_PercentageOfVotingRightsOfOutstandingSecuritiesRequiredToInvestigateLoansFilesAndDemandRepurchaseOfLoans_DCA74312F7AFA78C48B9D2769A1E601C_label_en-US" xlink:label="lab_bac_PercentageOfVotingRightsOfOutstandingSecuritiesRequiredToInvestigateLoansFilesAndDemandRepurchaseOfLoans_DCA74312F7AFA78C48B9D2769A1E601C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Percentage of the voting rights of outstanding securities required to investigate loans files and demand repurchase of loans </link:label>
<link:label id="lab_bac_PercentageOfVotingRightsOfOutstandingSecuritiesRequiredToInvestigateLoansFilesAndDemandRepurchaseOfLoans_DCA74312F7AFA78C48B9D2769A1E601C_documentation_en-US" xlink:label="lab_bac_PercentageOfVotingRightsOfOutstandingSecuritiesRequiredToInvestigateLoansFilesAndDemandRepurchaseOfLoans_DCA74312F7AFA78C48B9D2769A1E601C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Percentage of the voting rights of outstanding securities required to investigate loans files and demand repurchase of loans. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PercentageOfVotingRightsOfOutstandingSecuritiesRequiredToInvestigateLoansFilesAndDemandRepurchaseOfLoans" xlink:label="loc_bac_PercentageOfVotingRightsOfOutstandingSecuritiesRequiredToInvestigateLoansFilesAndDemandRepurchaseOfLoans_DCA74312F7AFA78C48B9D2769A1E601C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_PercentageOfVotingRightsOfOutstandingSecuritiesRequiredToInvestigateLoansFilesAndDemandRepurchaseOfLoans_DCA74312F7AFA78C48B9D2769A1E601C" xlink:to="lab_bac_PercentageOfVotingRightsOfOutstandingSecuritiesRequiredToInvestigateLoansFilesAndDemandRepurchaseOfLoans_DCA74312F7AFA78C48B9D2769A1E601C" xlink:type="arc"/>
<link:label id="lab_bac_PercentageOfClaimsThatCorporationInitiallyDeniedThatHaveBeenSubsequentlyResolved_DAE4A20E910C62C75CFDD426EA50C259_terseLabel_en-US" xlink:label="lab_bac_PercentageOfClaimsThatCorporationInitiallyDeniedThatHaveBeenSubsequentlyResolved_DAE4A20E910C62C75CFDD426EA50C259" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Percentage Of Claims That Corporation Initially Denied That Have Been Subsequently Resolved </link:label>
<link:label id="lab_bac_PercentageOfClaimsThatCorporationInitiallyDeniedThatHaveBeenSubsequentlyResolved_DAE4A20E910C62C75CFDD426EA50C259_label_en-US" xlink:label="lab_bac_PercentageOfClaimsThatCorporationInitiallyDeniedThatHaveBeenSubsequentlyResolved_DAE4A20E910C62C75CFDD426EA50C259" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Percentage Of Claims That Corporation Initially Denied That Have Been Subsequently Resolved </link:label>
<link:label id="lab_bac_PercentageOfClaimsThatCorporationInitiallyDeniedThatHaveBeenSubsequentlyResolved_DAE4A20E910C62C75CFDD426EA50C259_documentation_en-US" xlink:label="lab_bac_PercentageOfClaimsThatCorporationInitiallyDeniedThatHaveBeenSubsequentlyResolved_DAE4A20E910C62C75CFDD426EA50C259" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> The percentage of claims that the Corporation initially denied that have been subsequently resolved through repurchase, make whole payment or rescission. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PercentageOfClaimsThatCorporationInitiallyDeniedThatHaveBeenSubsequentlyResolved" xlink:label="loc_bac_PercentageOfClaimsThatCorporationInitiallyDeniedThatHaveBeenSubsequentlyResolved_DAE4A20E910C62C75CFDD426EA50C259" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_PercentageOfClaimsThatCorporationInitiallyDeniedThatHaveBeenSubsequentlyResolved_DAE4A20E910C62C75CFDD426EA50C259" xlink:to="lab_bac_PercentageOfClaimsThatCorporationInitiallyDeniedThatHaveBeenSubsequentlyResolved_DAE4A20E910C62C75CFDD426EA50C259" xlink:type="arc"/>
<link:label id="lab_bac_PercentageOfClaimResolvedThroughRepurchase_BDCD9BD1ED4BC67B1AA8D28D2F44C23A_terseLabel_en-US" xlink:label="lab_bac_PercentageOfClaimResolvedThroughRepurchase_BDCD9BD1ED4BC67B1AA8D28D2F44C23A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Percentage Of Claim Resolved Through Repurchase </link:label>
<link:label id="lab_bac_PercentageOfClaimResolvedThroughRepurchase_BDCD9BD1ED4BC67B1AA8D28D2F44C23A_label_en-US" xlink:label="lab_bac_PercentageOfClaimResolvedThroughRepurchase_BDCD9BD1ED4BC67B1AA8D28D2F44C23A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Percentage Of Claim Resolved Through Repurchase </link:label>
<link:label id="lab_bac_PercentageOfClaimResolvedThroughRepurchase_BDCD9BD1ED4BC67B1AA8D28D2F44C23A_documentation_en-US" xlink:label="lab_bac_PercentageOfClaimResolvedThroughRepurchase_BDCD9BD1ED4BC67B1AA8D28D2F44C23A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Percentage of claim resolved through repurchase. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PercentageOfClaimResolvedThroughRepurchase" xlink:label="loc_bac_PercentageOfClaimResolvedThroughRepurchase_BDCD9BD1ED4BC67B1AA8D28D2F44C23A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_PercentageOfClaimResolvedThroughRepurchase_BDCD9BD1ED4BC67B1AA8D28D2F44C23A" xlink:to="lab_bac_PercentageOfClaimResolvedThroughRepurchase_BDCD9BD1ED4BC67B1AA8D28D2F44C23A" xlink:type="arc"/>
<link:label id="lab_bac_PercentageOfClaimResolvedThroughRescission_CCB918E8444F6BBEF018D28DBCE14ADC_terseLabel_en-US" xlink:label="lab_bac_PercentageOfClaimResolvedThroughRescission_CCB918E8444F6BBEF018D28DBCE14ADC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Percentage Of Claim Resolved Through Rescission </link:label>
<link:label id="lab_bac_PercentageOfClaimResolvedThroughRescission_CCB918E8444F6BBEF018D28DBCE14ADC_label_en-US" xlink:label="lab_bac_PercentageOfClaimResolvedThroughRescission_CCB918E8444F6BBEF018D28DBCE14ADC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Percentage Of Claim Resolved Through Rescission </link:label>
<link:label id="lab_bac_PercentageOfClaimResolvedThroughRescission_CCB918E8444F6BBEF018D28DBCE14ADC_documentation_en-US" xlink:label="lab_bac_PercentageOfClaimResolvedThroughRescission_CCB918E8444F6BBEF018D28DBCE14ADC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Percentage of claim resolved through rescission. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PercentageOfClaimResolvedThroughRescission" xlink:label="loc_bac_PercentageOfClaimResolvedThroughRescission_CCB918E8444F6BBEF018D28DBCE14ADC" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_PercentageOfClaimResolvedThroughRescission_CCB918E8444F6BBEF018D28DBCE14ADC" xlink:to="lab_bac_PercentageOfClaimResolvedThroughRescission_CCB918E8444F6BBEF018D28DBCE14ADC" xlink:type="arc"/>
<link:label id="lab_bac_OutstandingClaimsForRepresentationsAndWarrantiesUnpaidPrincipalBalance_46F9C775BF496DC0AC16D435D6410912_terseLabel_en-US" xlink:label="lab_bac_OutstandingClaimsForRepresentationsAndWarrantiesUnpaidPrincipalBalance_46F9C775BF496DC0AC16D435D6410912" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Outstanding Claims For Representations And Warranties Unpaid Principal Balance </link:label>
<link:label id="lab_bac_OutstandingClaimsForRepresentationsAndWarrantiesUnpaidPrincipalBalance_46F9C775BF496DC0AC16D435D6410912_label_en-US" xlink:label="lab_bac_OutstandingClaimsForRepresentationsAndWarrantiesUnpaidPrincipalBalance_46F9C775BF496DC0AC16D435D6410912" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Outstanding Claims For Representations And Warranties Unpaid Principal Balance </link:label>
<link:label id="lab_bac_OutstandingClaimsForRepresentationsAndWarrantiesUnpaidPrincipalBalance_46F9C775BF496DC0AC16D435D6410912_documentation_en-US" xlink:label="lab_bac_OutstandingClaimsForRepresentationsAndWarrantiesUnpaidPrincipalBalance_46F9C775BF496DC0AC16D435D6410912" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> The total unpaid principal balance of outstanding loan repurchase and indemnification claims. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_OutstandingClaimsForRepresentationsAndWarrantiesUnpaidPrincipalBalance" xlink:label="loc_bac_OutstandingClaimsForRepresentationsAndWarrantiesUnpaidPrincipalBalance_46F9C775BF496DC0AC16D435D6410912" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_OutstandingClaimsForRepresentationsAndWarrantiesUnpaidPrincipalBalance_46F9C775BF496DC0AC16D435D6410912" xlink:to="lab_bac_OutstandingClaimsForRepresentationsAndWarrantiesUnpaidPrincipalBalance_46F9C775BF496DC0AC16D435D6410912" xlink:type="arc"/>
<link:label id="lab_bac_UnpaidPrincipalBalanceOfLoansWithoutRepurchaseRequests_0BAFD658DED2357963A5D29634C4A82C_terseLabel_en-US" xlink:label="lab_bac_UnpaidPrincipalBalanceOfLoansWithoutRepurchaseRequests_0BAFD658DED2357963A5D29634C4A82C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Unpaid principal balance of loans without repurchase requests </link:label>
<link:label id="lab_bac_UnpaidPrincipalBalanceOfLoansWithoutRepurchaseRequests_0BAFD658DED2357963A5D29634C4A82C_label_en-US" xlink:label="lab_bac_UnpaidPrincipalBalanceOfLoansWithoutRepurchaseRequests_0BAFD658DED2357963A5D29634C4A82C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Unpaid principal balance of loans without repurchase requests </link:label>
<link:label id="lab_bac_UnpaidPrincipalBalanceOfLoansWithoutRepurchaseRequests_0BAFD658DED2357963A5D29634C4A82C_documentation_en-US" xlink:label="lab_bac_UnpaidPrincipalBalanceOfLoansWithoutRepurchaseRequests_0BAFD658DED2357963A5D29634C4A82C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the unpaid principal balance of loans for which the monolines had requested loan files for review but for which no repurchase request has been received, excluding loans that have been paid in full. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_UnpaidPrincipalBalanceOfLoansWithoutRepurchaseRequests" xlink:label="loc_bac_UnpaidPrincipalBalanceOfLoansWithoutRepurchaseRequests_0BAFD658DED2357963A5D29634C4A82C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_UnpaidPrincipalBalanceOfLoansWithoutRepurchaseRequests_0BAFD658DED2357963A5D29634C4A82C" xlink:to="lab_bac_UnpaidPrincipalBalanceOfLoansWithoutRepurchaseRequests_0BAFD658DED2357963A5D29634C4A82C" xlink:type="arc"/>
<link:label id="lab_bac_PercentageOfLoansResolvedThroughRepurchaseOrMakeWholePayments_B147001B9427E1E4CD15D29A7299F346_terseLabel_en-US" xlink:label="lab_bac_PercentageOfLoansResolvedThroughRepurchaseOrMakeWholePayments_B147001B9427E1E4CD15D29A7299F346" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Percentage of loans resolved through repurchase or make whole payments </link:label>
<link:label id="lab_bac_PercentageOfLoansResolvedThroughRepurchaseOrMakeWholePayments_B147001B9427E1E4CD15D29A7299F346_label_en-US" xlink:label="lab_bac_PercentageOfLoansResolvedThroughRepurchaseOrMakeWholePayments_B147001B9427E1E4CD15D29A7299F346" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Percentage of loans resolved through repurchase or make whole payments </link:label>
<link:label id="lab_bac_PercentageOfLoansResolvedThroughRepurchaseOrMakeWholePayments_B147001B9427E1E4CD15D29A7299F346_documentation_en-US" xlink:label="lab_bac_PercentageOfLoansResolvedThroughRepurchaseOrMakeWholePayments_B147001B9427E1E4CD15D29A7299F346" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Percentage of loans resolved through repurchase or make-whole payments. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PercentageOfLoansResolvedThroughRepurchaseOrMakeWholePayments" xlink:label="loc_bac_PercentageOfLoansResolvedThroughRepurchaseOrMakeWholePayments_B147001B9427E1E4CD15D29A7299F346" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_PercentageOfLoansResolvedThroughRepurchaseOrMakeWholePayments_B147001B9427E1E4CD15D29A7299F346" xlink:to="lab_bac_PercentageOfLoansResolvedThroughRepurchaseOrMakeWholePayments_B147001B9427E1E4CD15D29A7299F346" xlink:type="arc"/>
<link:label id="lab_bac_PercentageOfLoansResolvedThroughRescissionOrPaymentInFullByBorrower_C2CE0A53140C9798B59ED0357DAD0A6F_terseLabel_en-US" xlink:label="lab_bac_PercentageOfLoansResolvedThroughRescissionOrPaymentInFullByBorrower_C2CE0A53140C9798B59ED0357DAD0A6F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Private Label Securitization Trust Related Repurchase Claims </link:label>
<link:label id="lab_bac_PercentageOfLoansResolvedThroughRescissionOrPaymentInFullByBorrower_C2CE0A53140C9798B59ED0357DAD0A6F_label_en-US" xlink:label="lab_bac_PercentageOfLoansResolvedThroughRescissionOrPaymentInFullByBorrower_C2CE0A53140C9798B59ED0357DAD0A6F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Percentage of loans resolved through rescission or payment in full by borrower </link:label>
<link:label id="lab_bac_PercentageOfLoansResolvedThroughRescissionOrPaymentInFullByBorrower_C2CE0A53140C9798B59ED0357DAD0A6F_documentation_en-US" xlink:label="lab_bac_PercentageOfLoansResolvedThroughRescissionOrPaymentInFullByBorrower_C2CE0A53140C9798B59ED0357DAD0A6F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Percentage of loans resolved through rescission or payment in full by borrower. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PercentageOfLoansResolvedThroughRescissionOrPaymentInFullByBorrower" xlink:label="loc_bac_PercentageOfLoansResolvedThroughRescissionOrPaymentInFullByBorrower_C2CE0A53140C9798B59ED0357DAD0A6F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_PercentageOfLoansResolvedThroughRescissionOrPaymentInFullByBorrower_C2CE0A53140C9798B59ED0357DAD0A6F" xlink:to="lab_bac_PercentageOfLoansResolvedThroughRescissionOrPaymentInFullByBorrower_C2CE0A53140C9798B59ED0357DAD0A6F" xlink:type="arc"/>
<link:label id="lab_bac_PrivateLabelSecuritizationTrustRelatedRepurchaseClaims_BFFBA1B2745EA43689DED29DCB3AC87D_terseLabel_en-US" xlink:label="lab_bac_PrivateLabelSecuritizationTrustRelatedRepurchaseClaims_BFFBA1B2745EA43689DED29DCB3AC87D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Private Label Securitization Trust Related Repurchase Claims </link:label>
<link:label id="lab_bac_PrivateLabelSecuritizationTrustRelatedRepurchaseClaims_BFFBA1B2745EA43689DED29DCB3AC87D_label_en-US" xlink:label="lab_bac_PrivateLabelSecuritizationTrustRelatedRepurchaseClaims_BFFBA1B2745EA43689DED29DCB3AC87D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Private Label Securitization Trust Related Repurchase Claims </link:label>
<link:label id="lab_bac_PrivateLabelSecuritizationTrustRelatedRepurchaseClaims_BFFBA1B2745EA43689DED29DCB3AC87D_documentation_en-US" xlink:label="lab_bac_PrivateLabelSecuritizationTrustRelatedRepurchaseClaims_BFFBA1B2745EA43689DED29DCB3AC87D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Private Label Securitization Trust Related Repurchase Claims </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PrivateLabelSecuritizationTrustRelatedRepurchaseClaims" xlink:label="loc_bac_PrivateLabelSecuritizationTrustRelatedRepurchaseClaims_BFFBA1B2745EA43689DED29DCB3AC87D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_PrivateLabelSecuritizationTrustRelatedRepurchaseClaims_BFFBA1B2745EA43689DED29DCB3AC87D" xlink:to="lab_bac_PrivateLabelSecuritizationTrustRelatedRepurchaseClaims_BFFBA1B2745EA43689DED29DCB3AC87D" xlink:type="arc"/>
<link:label id="lab_bac_TimeframeToResolveRepurchaseClaimsInDispute_C95FB513A8C8750BC017D432B05D4ED0_label_en-US" xlink:label="lab_bac_TimeframeToResolveRepurchaseClaimsInDispute_C95FB513A8C8750BC017D432B05D4ED0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Timeframe To Resolve Repurchase Claims In Dispute </link:label>
<link:label id="lab_bac_TimeframeToResolveRepurchaseClaimsInDispute_C95FB513A8C8750BC017D432B05D4ED0_documentation_en-US" xlink:label="lab_bac_TimeframeToResolveRepurchaseClaimsInDispute_C95FB513A8C8750BC017D432B05D4ED0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the timeframe to resolve the repurchase request related to claims dispute. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_TimeframeToResolveRepurchaseClaimsInDispute" xlink:label="loc_bac_TimeframeToResolveRepurchaseClaimsInDispute_C95FB513A8C8750BC017D432B05D4ED0" xlink:type="locator"/>
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<link:label id="lab_bac_TimetableToReachSettlementOnceBreachOfRepresentationsAndWarrantiesIsConfirmed_5AB8F1A60EAF60928F8CD28AC07134DA_label_en-US" xlink:label="lab_bac_TimetableToReachSettlementOnceBreachOfRepresentationsAndWarrantiesIsConfirmed_5AB8F1A60EAF60928F8CD28AC07134DA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Timetable to reach a settlement once a breach of representations and warranties is confirmed </link:label>
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<link:loc xlink:href="bac-20111231.xsd#bac_TimetableToReachSettlementOnceBreachOfRepresentationsAndWarrantiesIsConfirmed" xlink:label="loc_bac_TimetableToReachSettlementOnceBreachOfRepresentationsAndWarrantiesIsConfirmed_5AB8F1A60EAF60928F8CD28AC07134DA" xlink:type="locator"/>
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<link:label id="lab_bac_CostAndEquityMethodInvestmentsAbstract_054A2F8FD1B3B17FDD4CD04CE8A2BDB9_label_en-US" xlink:label="lab_bac_CostAndEquityMethodInvestmentsAbstract_054A2F8FD1B3B17FDD4CD04CE8A2BDB9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Cost and Equity Method Investments [Abstract] </link:label>
<link:label id="lab_bac_CostAndEquityMethodInvestmentsAbstract_054A2F8FD1B3B17FDD4CD04CE8A2BDB9_documentation_en-US" xlink:label="lab_bac_CostAndEquityMethodInvestmentsAbstract_054A2F8FD1B3B17FDD4CD04CE8A2BDB9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Cost and Equity Method Investments [Abstract] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CostAndEquityMethodInvestmentsAbstract" xlink:label="loc_bac_CostAndEquityMethodInvestmentsAbstract_054A2F8FD1B3B17FDD4CD04CE8A2BDB9" xlink:type="locator"/>
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<link:label id="lab_bac_ScheduleOfCostAndEquityMethodInvestmentsTable_A4575B60E83EC9A1B17FCEAA2566383A_label_en-US" xlink:label="lab_bac_ScheduleOfCostAndEquityMethodInvestmentsTable_A4575B60E83EC9A1B17FCEAA2566383A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Cost and Equity Method Investments [Table] </link:label>
<link:label id="lab_bac_ScheduleOfCostAndEquityMethodInvestmentsTable_A4575B60E83EC9A1B17FCEAA2566383A_documentation_en-US" xlink:label="lab_bac_ScheduleOfCostAndEquityMethodInvestmentsTable_A4575B60E83EC9A1B17FCEAA2566383A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Schedule of Cost and Equity Method Investments [Table] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ScheduleOfCostAndEquityMethodInvestmentsTable" xlink:label="loc_bac_ScheduleOfCostAndEquityMethodInvestmentsTable_A4575B60E83EC9A1B17FCEAA2566383A" xlink:type="locator"/>
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<link:label id="lab_bac_BlackrockIncMember_747BB95C32C73222A2C8D0408975BB9A_label_en-US" xlink:label="lab_bac_BlackrockIncMember_747BB95C32C73222A2C8D0408975BB9A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> BlackRock, Inc. [Member] </link:label>
<link:label id="lab_bac_BlackrockIncMember_747BB95C32C73222A2C8D0408975BB9A_documentation_en-US" xlink:label="lab_bac_BlackrockIncMember_747BB95C32C73222A2C8D0408975BB9A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> BlackRock, Inc. [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_BlackrockIncMember" xlink:label="loc_bac_BlackrockIncMember_747BB95C32C73222A2C8D0408975BB9A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_BlackrockIncMember_747BB95C32C73222A2C8D0408975BB9A" xlink:to="lab_bac_BlackrockIncMember_747BB95C32C73222A2C8D0408975BB9A" xlink:type="arc"/>
<link:label id="lab_us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_239814CF035E8B4FB3FDD0408976D746_label_en-US" xlink:label="lab_us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_239814CF035E8B4FB3FDD0408976D746" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Equity Method Investment, Equity Method Investee, Name [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis" xlink:label="loc_us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_239814CF035E8B4FB3FDD0408976D746" xlink:type="locator"/>
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<link:label id="lab_us-gaap_EquityMethodInvesteeNameDomain_B4AF00C25F3E57E4F325D04089766343_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvesteeNameDomain_B4AF00C25F3E57E4F325D04089766343" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Equity Method Investee, Name [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_EquityMethodInvesteeNameDomain" xlink:label="loc_us-gaap_EquityMethodInvesteeNameDomain_B4AF00C25F3E57E4F325D04089766343" xlink:type="locator"/>
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<link:label id="lab_bac_FirstDataCorporationMember_5A0ED27F06D55D0E8A97D04089760DBB_label_en-US" xlink:label="lab_bac_FirstDataCorporationMember_5A0ED27F06D55D0E8A97D04089760DBB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> First Data Corporation [Member] </link:label>
<link:label id="lab_bac_FirstDataCorporationMember_5A0ED27F06D55D0E8A97D04089760DBB_documentation_en-US" xlink:label="lab_bac_FirstDataCorporationMember_5A0ED27F06D55D0E8A97D04089760DBB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> First Data Corporation [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_FirstDataCorporationMember" xlink:label="loc_bac_FirstDataCorporationMember_5A0ED27F06D55D0E8A97D04089760DBB" xlink:type="locator"/>
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<link:label id="lab_bac_CostAndEquityMethodInvestmentsLineItems_57DD1424B47850E71F5BD04089769E74_label_en-US" xlink:label="lab_bac_CostAndEquityMethodInvestmentsLineItems_57DD1424B47850E71F5BD04089769E74" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Cost and Equity Method Investments [Line Items] </link:label>
<link:label id="lab_bac_CostAndEquityMethodInvestmentsLineItems_57DD1424B47850E71F5BD04089769E74_documentation_en-US" xlink:label="lab_bac_CostAndEquityMethodInvestmentsLineItems_57DD1424B47850E71F5BD04089769E74" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Cost and Equity Method Investments [Line Items] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CostAndEquityMethodInvestmentsLineItems" xlink:label="loc_bac_CostAndEquityMethodInvestmentsLineItems_57DD1424B47850E71F5BD04089769E74" xlink:type="locator"/>
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<link:label id="lab_bac_CostMethodInvestmentsAbstract_EF3B3CBCEF1F6C93BF03D0408976887F_label_en-US" xlink:label="lab_bac_CostMethodInvestmentsAbstract_EF3B3CBCEF1F6C93BF03D0408976887F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Cost Method Investments [Abstract] </link:label>
<link:label id="lab_bac_CostMethodInvestmentsAbstract_EF3B3CBCEF1F6C93BF03D0408976887F_documentation_en-US" xlink:label="lab_bac_CostMethodInvestmentsAbstract_EF3B3CBCEF1F6C93BF03D0408976887F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Cost Method Investments [Abstract] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CostMethodInvestmentsAbstract" xlink:label="loc_bac_CostMethodInvestmentsAbstract_EF3B3CBCEF1F6C93BF03D0408976887F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CostMethodInvestmentsAbstract_EF3B3CBCEF1F6C93BF03D0408976887F" xlink:to="lab_bac_CostMethodInvestmentsAbstract_EF3B3CBCEF1F6C93BF03D0408976887F" xlink:type="arc"/>
<link:label id="lab_us-gaap_InvestmentOwnedBalanceShares_4928CE63A0203095D150D04089769E5D_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentOwnedBalanceShares_4928CE63A0203095D150D04089769E5D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Investment Owned, Balance, Shares </link:label>
<link:label id="lab_us-gaap_InvestmentOwnedBalanceShares_4928CE63A0203095D150D04089769E5D_label_en-US" xlink:label="lab_us-gaap_InvestmentOwnedBalanceShares_4928CE63A0203095D150D04089769E5D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Investment Owned, Balance, Shares </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_InvestmentOwnedBalanceShares" xlink:label="loc_us-gaap_InvestmentOwnedBalanceShares_4928CE63A0203095D150D04089769E5D" xlink:type="locator"/>
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<link:label id="lab_bac_CostMethodInvestmentOwnershipPercentage_3682E93FA1CCF7B03D97D040897645AD_terseLabel_en-US" xlink:label="lab_bac_CostMethodInvestmentOwnershipPercentage_3682E93FA1CCF7B03D97D040897645AD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Cost method investment ownership percentage </link:label>
<link:label id="lab_bac_CostMethodInvestmentOwnershipPercentage_3682E93FA1CCF7B03D97D040897645AD_label_en-US" xlink:label="lab_bac_CostMethodInvestmentOwnershipPercentage_3682E93FA1CCF7B03D97D040897645AD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Cost method investment ownership percentage </link:label>
<link:label id="lab_bac_CostMethodInvestmentOwnershipPercentage_3682E93FA1CCF7B03D97D040897645AD_documentation_en-US" xlink:label="lab_bac_CostMethodInvestmentOwnershipPercentage_3682E93FA1CCF7B03D97D040897645AD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Cost method investment ownership percentage. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CostMethodInvestmentOwnershipPercentage" xlink:label="loc_bac_CostMethodInvestmentOwnershipPercentage_3682E93FA1CCF7B03D97D040897645AD" xlink:type="locator"/>
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<link:label id="lab_bac_CostMethodInvestmentCostBasis_B466131ED0E9D3AF0405D0408976C7AC_terseLabel_en-US" xlink:label="lab_bac_CostMethodInvestmentCostBasis_B466131ED0E9D3AF0405D0408976C7AC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Cost Method Investment, Cost Basis </link:label>
<link:label id="lab_bac_CostMethodInvestmentCostBasis_B466131ED0E9D3AF0405D0408976C7AC_label_en-US" xlink:label="lab_bac_CostMethodInvestmentCostBasis_B466131ED0E9D3AF0405D0408976C7AC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Cost Method Investment, Cost Basis </link:label>
<link:label id="lab_bac_CostMethodInvestmentCostBasis_B466131ED0E9D3AF0405D0408976C7AC_documentation_en-US" xlink:label="lab_bac_CostMethodInvestmentCostBasis_B466131ED0E9D3AF0405D0408976C7AC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Cost Method Investment, Cost Basis </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CostMethodInvestmentCostBasis" xlink:label="loc_bac_CostMethodInvestmentCostBasis_B466131ED0E9D3AF0405D0408976C7AC" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CostMethodInvestments_9C05FBE1D2C56CFDA9A6D0408976E2EF_terseLabel_en-US" xlink:label="lab_us-gaap_CostMethodInvestments_9C05FBE1D2C56CFDA9A6D0408976E2EF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Cost Method Investments </link:label>
<link:label id="lab_us-gaap_CostMethodInvestments_9C05FBE1D2C56CFDA9A6D0408976E2EF_label_en-US" xlink:label="lab_us-gaap_CostMethodInvestments_9C05FBE1D2C56CFDA9A6D0408976E2EF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Cost Method Investments </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CostMethodInvestments" xlink:label="loc_us-gaap_CostMethodInvestments_9C05FBE1D2C56CFDA9A6D0408976E2EF" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CostMethodInvestmentsFairValueDisclosure_7ACB8127F3670707F539D04089763832_label_en-US" xlink:label="lab_us-gaap_CostMethodInvestmentsFairValueDisclosure_7ACB8127F3670707F539D04089763832" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Cost Method Investments, Fair Value Disclosure </link:label>
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<link:label id="lab_us-gaap_Dividends_DFBD814901462CC73F49D04089769896_label_en-US" xlink:label="lab_us-gaap_Dividends_DFBD814901462CC73F49D04089769896" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Dividends </link:label>
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<link:label id="lab_us-gaap_EquityMethodInvestmentsAndJointVenturesAbstract_50EC67BC0A8030DBE629D04089765B19_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentsAndJointVenturesAbstract_50EC67BC0A8030DBE629D04089765B19" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Equity Method Investments and Joint Ventures [Abstract] </link:label>
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<link:label id="lab_bac_ScheduleOfFairValueOptionElectionsTableTextBlock_3E7821A47705E5F2601558308893DD9C_terseLabel_en-US" xlink:label="lab_bac_ScheduleOfFairValueOptionElectionsTableTextBlock_3E7821A47705E5F2601558308893DD9C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule Of Fair Value Option Elections [Table Text Block] </link:label>
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<link:label id="lab_bac_FairValueOptionTableTextBlock_161899919AD3BCFC332D5835F26AA0E6_terseLabel_en-US" xlink:label="lab_bac_FairValueOptionTableTextBlock_161899919AD3BCFC332D5835F26AA0E6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value Option [Table Text Block] </link:label>
<link:label id="lab_bac_FairValueOptionTableTextBlock_161899919AD3BCFC332D5835F26AA0E6_label_en-US" xlink:label="lab_bac_FairValueOptionTableTextBlock_161899919AD3BCFC332D5835F26AA0E6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value Option [Table Text Block] </link:label>
<link:label id="lab_bac_FairValueOptionTableTextBlock_161899919AD3BCFC332D5835F26AA0E6_documentation_en-US" xlink:label="lab_bac_FairValueOptionTableTextBlock_161899919AD3BCFC332D5835F26AA0E6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Gains (losses) relating to assets and liabilities accounted for using fair value option. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_FairValueOptionTableTextBlock" xlink:label="loc_bac_FairValueOptionTableTextBlock_161899919AD3BCFC332D5835F26AA0E6" xlink:type="locator"/>
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<link:label id="lab_bac_SuperSeniorCollateralizedDebtObligationMember_8765BD8DB43FC719D51491AFC7F04069_terseLabel_en-US" xlink:label="lab_bac_SuperSeniorCollateralizedDebtObligationMember_8765BD8DB43FC719D51491AFC7F04069" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Super Senior Collateralized Debt Obligation [Member] </link:label>
<link:label id="lab_bac_SuperSeniorCollateralizedDebtObligationMember_8765BD8DB43FC719D51491AFC7F04069_label_en-US" xlink:label="lab_bac_SuperSeniorCollateralizedDebtObligationMember_8765BD8DB43FC719D51491AFC7F04069" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Super Senior Collateralized Debt Obligation [Member] </link:label>
<link:label id="lab_bac_SuperSeniorCollateralizedDebtObligationMember_8765BD8DB43FC719D51491AFC7F04069_documentation_en-US" xlink:label="lab_bac_SuperSeniorCollateralizedDebtObligationMember_8765BD8DB43FC719D51491AFC7F04069" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Super Senior Collateralized Debt Obligation [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_SuperSeniorCollateralizedDebtObligationMember" xlink:label="loc_bac_SuperSeniorCollateralizedDebtObligationMember_8765BD8DB43FC719D51491AFC7F04069" xlink:type="locator"/>
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<link:label id="lab_bac_CollateralizedDebtObligationFinancingFacilitiesMember_D3902F2287FE894878EC91B070216595_terseLabel_en-US" xlink:label="lab_bac_CollateralizedDebtObligationFinancingFacilitiesMember_D3902F2287FE894878EC91B070216595" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Collateralized Debt Obligation Financing Facilities [Member] </link:label>
<link:label id="lab_bac_CollateralizedDebtObligationFinancingFacilitiesMember_D3902F2287FE894878EC91B070216595_label_en-US" xlink:label="lab_bac_CollateralizedDebtObligationFinancingFacilitiesMember_D3902F2287FE894878EC91B070216595" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Collateralized Debt Obligation Financing Facilities [Member] </link:label>
<link:label id="lab_bac_CollateralizedDebtObligationFinancingFacilitiesMember_D3902F2287FE894878EC91B070216595_documentation_en-US" xlink:label="lab_bac_CollateralizedDebtObligationFinancingFacilitiesMember_D3902F2287FE894878EC91B070216595" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Collateralized Debt Obligation Financing Facilities [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CollateralizedDebtObligationFinancingFacilitiesMember" xlink:label="loc_bac_CollateralizedDebtObligationFinancingFacilitiesMember_D3902F2287FE894878EC91B070216595" xlink:type="locator"/>
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<link:label id="lab_bac_NonSuperSeniorCollateralizedDebtObligationMember_3E54B64A92BF3199B08191B0FEACE6B4_terseLabel_en-US" xlink:label="lab_bac_NonSuperSeniorCollateralizedDebtObligationMember_3E54B64A92BF3199B08191B0FEACE6B4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Non-Super Senior Collateralized Debt Obligation [Member] </link:label>
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<link:label id="lab_bac_NonSuperSeniorCollateralizedDebtObligationMember_3E54B64A92BF3199B08191B0FEACE6B4_documentation_en-US" xlink:label="lab_bac_NonSuperSeniorCollateralizedDebtObligationMember_3E54B64A92BF3199B08191B0FEACE6B4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Non-Super Senior Collateralized Debt Obligation [Member] </link:label>
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<link:label id="lab_us-gaap_CollateralizedDebtObligationsMember_D750553A2A90A8B0621191A2701C9E19_terseLabel_en-US" xlink:label="lab_us-gaap_CollateralizedDebtObligationsMember_D750553A2A90A8B0621191A2701C9E19" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Collateralized Debt Obligations [Member] </link:label>
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<link:label id="lab_us-gaap_AvailableForSaleSecuritiesDebtSecurities_AD88F4F12101810355B091A4879C924A_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesDebtSecurities_AD88F4F12101810355B091A4879C924A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> AFS Debt Securities </link:label>
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<link:label id="lab_us-gaap_Liabilities_1AF4D2F4E63806FCDEB291AAD4BA580D_terseLabel_en-US" xlink:label="lab_us-gaap_Liabilities_1AF4D2F4E63806FCDEB291AAD4BA580D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Liabilities </link:label>
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<link:label id="lab_bac_ReportingEntityMaximumLossExposureIncludingSecuritiesRetainedFromLiquidationsAndNetOfPurchasedInsurance_33A7925C39D6DF01BA2891B463C73BC1_terseLabel_en-US" xlink:label="lab_bac_ReportingEntityMaximumLossExposureIncludingSecuritiesRetainedFromLiquidationsAndNetOfPurchasedInsurance_33A7925C39D6DF01BA2891B463C73BC1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Reporting Entity Maximum Loss Exposure Including Securities Retained From Liquidations And Net Of Purchased Insurance </link:label>
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<link:label id="lab_bac_CDOFinancingFacilitiesLongTermDebt_1B3109835D14DDEF383C91B5CFDCEF1A_terseLabel_en-US" xlink:label="lab_bac_CDOFinancingFacilitiesLongTermDebt_1B3109835D14DDEF383C91B5CFDCEF1A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> C D O Financing Facilities Long Term Debt </link:label>
<link:label id="lab_bac_CDOFinancingFacilitiesLongTermDebt_1B3109835D14DDEF383C91B5CFDCEF1A_label_en-US" xlink:label="lab_bac_CDOFinancingFacilitiesLongTermDebt_1B3109835D14DDEF383C91B5CFDCEF1A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> C D O Financing Facilities Long Term Debt </link:label>
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<link:loc xlink:href="bac-20111231.xsd#bac_CDOFinancingFacilitiesLongTermDebt" xlink:label="loc_bac_CDOFinancingFacilitiesLongTermDebt_1B3109835D14DDEF383C91B5CFDCEF1A" xlink:type="locator"/>
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<link:label id="lab_bac_NotionalAmountOfLiquidityExposure_5BD9030E3F00ACAFBE2F91B8D95F869F_terseLabel_en-US" xlink:label="lab_bac_NotionalAmountOfLiquidityExposure_5BD9030E3F00ACAFBE2F91B8D95F869F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Notional Amount Of Liquidity Exposure </link:label>
<link:label id="lab_bac_NotionalAmountOfLiquidityExposure_5BD9030E3F00ACAFBE2F91B8D95F869F_label_en-US" xlink:label="lab_bac_NotionalAmountOfLiquidityExposure_5BD9030E3F00ACAFBE2F91B8D95F869F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Notional Amount Of Liquidity Exposure </link:label>
<link:label id="lab_bac_NotionalAmountOfLiquidityExposure_5BD9030E3F00ACAFBE2F91B8D95F869F_documentation_en-US" xlink:label="lab_bac_NotionalAmountOfLiquidityExposure_5BD9030E3F00ACAFBE2F91B8D95F869F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the notional amount of liquidity exposure. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_NotionalAmountOfLiquidityExposure" xlink:label="loc_bac_NotionalAmountOfLiquidityExposure_5BD9030E3F00ACAFBE2F91B8D95F869F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_NotionalAmountOfLiquidityExposure_5BD9030E3F00ACAFBE2F91B8D95F869F" xlink:to="lab_bac_NotionalAmountOfLiquidityExposure_5BD9030E3F00ACAFBE2F91B8D95F869F" xlink:type="arc"/>
<link:label id="lab_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock_D9F7C20378FA4DFFB349FD22820DADB6_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock_D9F7C20378FA4DFFB349FD22820DADB6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Segment Reporting Information, by Segment [Table Text Block] </link:label>
<link:label id="lab_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock_D9F7C20378FA4DFFB349FD22820DADB6_label_en-US" xlink:label="lab_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock_D9F7C20378FA4DFFB349FD22820DADB6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Segment Reporting Information, by Segment [Table Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock" xlink:label="loc_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock_D9F7C20378FA4DFFB349FD22820DADB6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock_D9F7C20378FA4DFFB349FD22820DADB6" xlink:to="lab_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock_D9F7C20378FA4DFFB349FD22820DADB6" xlink:type="arc"/>
<link:label id="lab_bac_ReconciliationOfConsolidatedNetIncomeOfBusinessSegmentsTableTextBlock_192E66F3E93DFDAC31C2FD2B3F28E232_terseLabel_en-US" xlink:label="lab_bac_ReconciliationOfConsolidatedNetIncomeOfBusinessSegmentsTableTextBlock_192E66F3E93DFDAC31C2FD2B3F28E232" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Reconciliation Of Consolidated Net Income Of Business Segments [Table Text Block] </link:label>
<link:label id="lab_bac_ReconciliationOfConsolidatedNetIncomeOfBusinessSegmentsTableTextBlock_192E66F3E93DFDAC31C2FD2B3F28E232_label_en-US" xlink:label="lab_bac_ReconciliationOfConsolidatedNetIncomeOfBusinessSegmentsTableTextBlock_192E66F3E93DFDAC31C2FD2B3F28E232" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Reconciliation Of Consolidated Net Income Of Business Segments [Table Text Block] </link:label>
<link:label id="lab_bac_ReconciliationOfConsolidatedNetIncomeOfBusinessSegmentsTableTextBlock_192E66F3E93DFDAC31C2FD2B3F28E232_documentation_en-US" xlink:label="lab_bac_ReconciliationOfConsolidatedNetIncomeOfBusinessSegmentsTableTextBlock_192E66F3E93DFDAC31C2FD2B3F28E232" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Reconciliation of Consolidated Net Income of Business Segments Text Block. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ReconciliationOfConsolidatedNetIncomeOfBusinessSegmentsTableTextBlock" xlink:label="loc_bac_ReconciliationOfConsolidatedNetIncomeOfBusinessSegmentsTableTextBlock_192E66F3E93DFDAC31C2FD2B3F28E232" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ReconciliationOfConsolidatedNetIncomeOfBusinessSegmentsTableTextBlock_192E66F3E93DFDAC31C2FD2B3F28E232" xlink:to="lab_bac_ReconciliationOfConsolidatedNetIncomeOfBusinessSegmentsTableTextBlock_192E66F3E93DFDAC31C2FD2B3F28E232" xlink:type="arc"/>
<link:label id="lab_us-gaap_ReconciliationOfAssetsFromSegmentToConsolidatedTextBlock_F030D27B4579B89CD880FD2DD3E12BC1_terseLabel_en-US" xlink:label="lab_us-gaap_ReconciliationOfAssetsFromSegmentToConsolidatedTextBlock_F030D27B4579B89CD880FD2DD3E12BC1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Reconciliation of Assets from Segment to Consolidated [Table Text Block] </link:label>
<link:label id="lab_us-gaap_ReconciliationOfAssetsFromSegmentToConsolidatedTextBlock_F030D27B4579B89CD880FD2DD3E12BC1_label_en-US" xlink:label="lab_us-gaap_ReconciliationOfAssetsFromSegmentToConsolidatedTextBlock_F030D27B4579B89CD880FD2DD3E12BC1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Reconciliation of Assets from Segment to Consolidated [Table Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ReconciliationOfAssetsFromSegmentToConsolidatedTextBlock" xlink:label="loc_us-gaap_ReconciliationOfAssetsFromSegmentToConsolidatedTextBlock_F030D27B4579B89CD880FD2DD3E12BC1" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ReconciliationOfAssetsFromSegmentToConsolidatedTextBlock_F030D27B4579B89CD880FD2DD3E12BC1" xlink:to="lab_us-gaap_ReconciliationOfAssetsFromSegmentToConsolidatedTextBlock_F030D27B4579B89CD880FD2DD3E12BC1" xlink:type="arc"/>
<link:label id="lab_us-gaap_ScheduleOfImpairedFinancingReceivableTable_542894D767E6FB89DA257C07AF0E83AA_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfImpairedFinancingReceivableTable_542894D767E6FB89DA257C07AF0E83AA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Impaired Financing Receivable [Table] </link:label>
<link:label id="lab_us-gaap_ScheduleOfImpairedFinancingReceivableTable_542894D767E6FB89DA257C07AF0E83AA_label_en-US" xlink:label="lab_us-gaap_ScheduleOfImpairedFinancingReceivableTable_542894D767E6FB89DA257C07AF0E83AA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Impaired Financing Receivable [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ScheduleOfImpairedFinancingReceivableTable" xlink:label="loc_us-gaap_ScheduleOfImpairedFinancingReceivableTable_542894D767E6FB89DA257C07AF0E83AA" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfImpairedFinancingReceivableTable_542894D767E6FB89DA257C07AF0E83AA" xlink:to="lab_us-gaap_ScheduleOfImpairedFinancingReceivableTable_542894D767E6FB89DA257C07AF0E83AA" xlink:type="arc"/>
<link:label id="lab_bac_ImpairedFinancingReceivableWithAndWithoutRelatedAllowanceAxis_F7B28EA3A7F7A8E19A437C0A790C0F1A_label_en-US" xlink:label="lab_bac_ImpairedFinancingReceivableWithAndWithoutRelatedAllowanceAxis_F7B28EA3A7F7A8E19A437C0A790C0F1A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Impaired Financing Receivable With And Without Related Allowance [Axis] </link:label>
<link:label id="lab_bac_ImpairedFinancingReceivableWithAndWithoutRelatedAllowanceAxis_F7B28EA3A7F7A8E19A437C0A790C0F1A_documentation_en-US" xlink:label="lab_bac_ImpairedFinancingReceivableWithAndWithoutRelatedAllowanceAxis_F7B28EA3A7F7A8E19A437C0A790C0F1A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Attributes of financing receivables classified as impaired with and without specific allowance related to the receivables by class of financing receivable. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ImpairedFinancingReceivableWithAndWithoutRelatedAllowanceAxis" xlink:label="loc_bac_ImpairedFinancingReceivableWithAndWithoutRelatedAllowanceAxis_F7B28EA3A7F7A8E19A437C0A790C0F1A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ImpairedFinancingReceivableWithAndWithoutRelatedAllowanceAxis_F7B28EA3A7F7A8E19A437C0A790C0F1A" xlink:to="lab_bac_ImpairedFinancingReceivableWithAndWithoutRelatedAllowanceAxis_F7B28EA3A7F7A8E19A437C0A790C0F1A" xlink:type="arc"/>
<link:label id="lab_bac_ImpairedFinancingReceivableWithAndWithoutRelatedAllowanceDomain_2270D9A76A8B636B4AE07C0A790CE6F8_label_en-US" xlink:label="lab_bac_ImpairedFinancingReceivableWithAndWithoutRelatedAllowanceDomain_2270D9A76A8B636B4AE07C0A790CE6F8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Impaired Financing Receivable With And Without Related Allowance [Domain] </link:label>
<link:label id="lab_bac_ImpairedFinancingReceivableWithAndWithoutRelatedAllowanceDomain_2270D9A76A8B636B4AE07C0A790CE6F8_documentation_en-US" xlink:label="lab_bac_ImpairedFinancingReceivableWithAndWithoutRelatedAllowanceDomain_2270D9A76A8B636B4AE07C0A790CE6F8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Impaired Financing Receivable With And Without Related Allowance [Domain] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ImpairedFinancingReceivableWithAndWithoutRelatedAllowanceDomain" xlink:label="loc_bac_ImpairedFinancingReceivableWithAndWithoutRelatedAllowanceDomain_2270D9A76A8B636B4AE07C0A790CE6F8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ImpairedFinancingReceivableWithAndWithoutRelatedAllowanceDomain_2270D9A76A8B636B4AE07C0A790CE6F8" xlink:to="lab_bac_ImpairedFinancingReceivableWithAndWithoutRelatedAllowanceDomain_2270D9A76A8B636B4AE07C0A790CE6F8" xlink:type="arc"/>
<link:label id="lab_us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceMember_0858AB1DAFD4A1F6CE447C07AF0EE7EB_terseLabel_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceMember_0858AB1DAFD4A1F6CE447C07AF0EE7EB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Impaired Financing Receivable with No Related Allowance [Domain] </link:label>
<link:label id="lab_us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceMember_0858AB1DAFD4A1F6CE447C07AF0EE7EB_label_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceMember_0858AB1DAFD4A1F6CE447C07AF0EE7EB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Impaired Financing Receivable with No Related Allowance [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceMember" xlink:label="loc_us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceMember_0858AB1DAFD4A1F6CE447C07AF0EE7EB" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceMember_0858AB1DAFD4A1F6CE447C07AF0EE7EB" xlink:to="lab_us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceMember_0858AB1DAFD4A1F6CE447C07AF0EE7EB" xlink:type="arc"/>
<link:label id="lab_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceMember_A7333C51E828D09741AF7C07AF0FD1C9_terseLabel_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceMember_A7333C51E828D09741AF7C07AF0FD1C9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Impaired Financing Receivable with Related Allowance [Domain] </link:label>
<link:label id="lab_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceMember_A7333C51E828D09741AF7C07AF0FD1C9_label_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceMember_A7333C51E828D09741AF7C07AF0FD1C9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Impaired Financing Receivable with Related Allowance [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceMember" xlink:label="loc_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceMember_A7333C51E828D09741AF7C07AF0FD1C9" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceMember_A7333C51E828D09741AF7C07AF0FD1C9" xlink:to="lab_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceMember_A7333C51E828D09741AF7C07AF0FD1C9" xlink:type="arc"/>
<link:label id="lab_us-gaap_ResidentialMortgageMember_9B3CDDF4FB745B82D7C79995A6E5FF5B_terseLabel_en-US" xlink:label="lab_us-gaap_ResidentialMortgageMember_9B3CDDF4FB745B82D7C79995A6E5FF5B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Residential Mortgage [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ResidentialMortgageMember" xlink:label="loc_us-gaap_ResidentialMortgageMember_9B3CDDF4FB745B82D7C79995A6E5FF5B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ResidentialMortgageMember_9B3CDDF4FB745B82D7C79995A6E5FF5B" xlink:to="lab_us-gaap_ResidentialMortgageMember_9B3CDDF4FB745B82D7C79995A6E5FF5B" xlink:type="arc"/>
<link:label id="lab_bac_CommercialMember_FA1C9A0F7974F7A08B6F7C0B013012B2_label_en-US" xlink:label="lab_bac_CommercialMember_FA1C9A0F7974F7A08B6F7C0B013012B2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Commercial [Member] </link:label>
<link:label id="lab_bac_CommercialMember_FA1C9A0F7974F7A08B6F7C0B013012B2_documentation_en-US" xlink:label="lab_bac_CommercialMember_FA1C9A0F7974F7A08B6F7C0B013012B2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Commercial Member. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CommercialMember" xlink:label="loc_bac_CommercialMember_FA1C9A0F7974F7A08B6F7C0B013012B2" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CommercialMember_FA1C9A0F7974F7A08B6F7C0B013012B2" xlink:to="lab_bac_CommercialMember_FA1C9A0F7974F7A08B6F7C0B013012B2" xlink:type="arc"/>
<link:label id="lab_us-gaap_FinancingReceivableImpairedLineItems_22FFEA941D115CA161FD7C07AF0F4EA4_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableImpairedLineItems_22FFEA941D115CA161FD7C07AF0F4EA4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Financing Receivable, Impaired [Line Items] </link:label>
<link:label id="lab_us-gaap_FinancingReceivableImpairedLineItems_22FFEA941D115CA161FD7C07AF0F4EA4_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableImpairedLineItems_22FFEA941D115CA161FD7C07AF0F4EA4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivable, Impaired [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FinancingReceivableImpairedLineItems" xlink:label="loc_us-gaap_FinancingReceivableImpairedLineItems_22FFEA941D115CA161FD7C07AF0F4EA4" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingReceivableImpairedLineItems_22FFEA941D115CA161FD7C07AF0F4EA4" xlink:to="lab_us-gaap_FinancingReceivableImpairedLineItems_22FFEA941D115CA161FD7C07AF0F4EA4" xlink:type="arc"/>
<link:label id="lab_us-gaap_RealEstateAcquiredThroughForeclosure_7B275A6C60EC0DD903017C08E43F81E3_terseLabel_en-US" xlink:label="lab_us-gaap_RealEstateAcquiredThroughForeclosure_7B275A6C60EC0DD903017C08E43F81E3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Real Estate Acquired Through Foreclosure </link:label>
<link:label id="lab_us-gaap_RealEstateAcquiredThroughForeclosure_7B275A6C60EC0DD903017C08E43F81E3_label_en-US" xlink:label="lab_us-gaap_RealEstateAcquiredThroughForeclosure_7B275A6C60EC0DD903017C08E43F81E3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Real Estate Acquired Through Foreclosure </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_RealEstateAcquiredThroughForeclosure" xlink:label="loc_us-gaap_RealEstateAcquiredThroughForeclosure_7B275A6C60EC0DD903017C08E43F81E3" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ImpairedFinancingReceivableUnpaidPrincipalBalance_F259755B20902BACD72A7C0A7639FF77_terseLabel_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableUnpaidPrincipalBalance_F259755B20902BACD72A7C0A7639FF77" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Unpaid Principal Balance </link:label>
<link:label id="lab_us-gaap_ImpairedFinancingReceivableUnpaidPrincipalBalance_F259755B20902BACD72A7C0A7639FF77_label_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableUnpaidPrincipalBalance_F259755B20902BACD72A7C0A7639FF77" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Impaired Financing Receivable, Unpaid Principal Balance </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ImpairedFinancingReceivableUnpaidPrincipalBalance" xlink:label="loc_us-gaap_ImpairedFinancingReceivableUnpaidPrincipalBalance_F259755B20902BACD72A7C0A7639FF77" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ImpairedFinancingReceivableUnpaidPrincipalBalance_F259755B20902BACD72A7C0A7639FF77" xlink:to="lab_us-gaap_ImpairedFinancingReceivableUnpaidPrincipalBalance_F259755B20902BACD72A7C0A7639FF77" xlink:type="arc"/>
<link:label id="lab_us-gaap_ImpairedFinancingReceivableRecordedInvestment_485FE5A32209C81EFE477C0A7FB0A242_terseLabel_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableRecordedInvestment_485FE5A32209C81EFE477C0A7FB0A242" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Carrying Value </link:label>
<link:label id="lab_us-gaap_ImpairedFinancingReceivableRecordedInvestment_485FE5A32209C81EFE477C0A7FB0A242_label_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableRecordedInvestment_485FE5A32209C81EFE477C0A7FB0A242" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Impaired Financing Receivable, Recorded Investment </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ImpairedFinancingReceivableRecordedInvestment" xlink:label="loc_us-gaap_ImpairedFinancingReceivableRecordedInvestment_485FE5A32209C81EFE477C0A7FB0A242" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ImpairedFinancingReceivableRecordedInvestment_485FE5A32209C81EFE477C0A7FB0A242" xlink:to="lab_us-gaap_ImpairedFinancingReceivableRecordedInvestment_485FE5A32209C81EFE477C0A7FB0A242" xlink:type="arc"/>
<link:label id="lab_us-gaap_ImpairedFinancingReceivableRelatedAllowance_0684960D346FCC22DBD97C0B001A08B7_terseLabel_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableRelatedAllowance_0684960D346FCC22DBD97C0B001A08B7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Related Allowance </link:label>
<link:label id="lab_us-gaap_ImpairedFinancingReceivableRelatedAllowance_0684960D346FCC22DBD97C0B001A08B7_label_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableRelatedAllowance_0684960D346FCC22DBD97C0B001A08B7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Impaired Financing Receivable, Related Allowance </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ImpairedFinancingReceivableRelatedAllowance" xlink:label="loc_us-gaap_ImpairedFinancingReceivableRelatedAllowance_0684960D346FCC22DBD97C0B001A08B7" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ImpairedFinancingReceivableRelatedAllowance_0684960D346FCC22DBD97C0B001A08B7" xlink:to="lab_us-gaap_ImpairedFinancingReceivableRelatedAllowance_0684960D346FCC22DBD97C0B001A08B7" xlink:type="arc"/>
<link:label id="lab_us-gaap_ImpairedFinancingReceivableAverageRecordedInvestment_865E909178EA642E3B5A7C0A8FE5EEF0_terseLabel_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableAverageRecordedInvestment_865E909178EA642E3B5A7C0A8FE5EEF0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Average Carrying Value </link:label>
<link:label id="lab_us-gaap_ImpairedFinancingReceivableAverageRecordedInvestment_865E909178EA642E3B5A7C0A8FE5EEF0_label_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableAverageRecordedInvestment_865E909178EA642E3B5A7C0A8FE5EEF0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Impaired Financing Receivable, Average Recorded Investment </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ImpairedFinancingReceivableAverageRecordedInvestment" xlink:label="loc_us-gaap_ImpairedFinancingReceivableAverageRecordedInvestment_865E909178EA642E3B5A7C0A8FE5EEF0" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ImpairedFinancingReceivableAverageRecordedInvestment_865E909178EA642E3B5A7C0A8FE5EEF0" xlink:to="lab_us-gaap_ImpairedFinancingReceivableAverageRecordedInvestment_865E909178EA642E3B5A7C0A8FE5EEF0" xlink:type="arc"/>
<link:label id="lab_bac_ImpairedFinancingReceivableInterestIncomeCashBasisAndAccrualMethod_E5D64D093B329DAADAA47C0A967938FF_terseLabel_en-US" xlink:label="lab_bac_ImpairedFinancingReceivableInterestIncomeCashBasisAndAccrualMethod_E5D64D093B329DAADAA47C0A967938FF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Interest Income Recognized </link:label>
<link:label id="lab_bac_ImpairedFinancingReceivableInterestIncomeCashBasisAndAccrualMethod_E5D64D093B329DAADAA47C0A967938FF_label_en-US" xlink:label="lab_bac_ImpairedFinancingReceivableInterestIncomeCashBasisAndAccrualMethod_E5D64D093B329DAADAA47C0A967938FF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Impaired Financing Receivable Interest Income Cash Basis and Accrual Method </link:label>
<link:label id="lab_bac_ImpairedFinancingReceivableInterestIncomeCashBasisAndAccrualMethod_E5D64D093B329DAADAA47C0A967938FF_documentation_en-US" xlink:label="lab_bac_ImpairedFinancingReceivableInterestIncomeCashBasisAndAccrualMethod_E5D64D093B329DAADAA47C0A967938FF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> The interest income recognized during the time within that period that the financing receivables were impaired, considering both the cash basis and accrual method. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ImpairedFinancingReceivableInterestIncomeCashBasisAndAccrualMethod" xlink:label="loc_bac_ImpairedFinancingReceivableInterestIncomeCashBasisAndAccrualMethod_E5D64D093B329DAADAA47C0A967938FF" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ImpairedFinancingReceivableInterestIncomeCashBasisAndAccrualMethod_E5D64D093B329DAADAA47C0A967938FF" xlink:to="lab_bac_ImpairedFinancingReceivableInterestIncomeCashBasisAndAccrualMethod_E5D64D093B329DAADAA47C0A967938FF" xlink:type="arc"/>
<link:label id="lab_bac_ReceivablesAgingAxis_F88153C6AD033CBC0D41673DE8680640_label_en-US" xlink:label="lab_bac_ReceivablesAgingAxis_F88153C6AD033CBC0D41673DE8680640" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Receivables Aging [Axis] </link:label>
<link:label id="lab_bac_ReceivablesAgingAxis_F88153C6AD033CBC0D41673DE8680640_documentation_en-US" xlink:label="lab_bac_ReceivablesAgingAxis_F88153C6AD033CBC0D41673DE8680640" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Receivables Aging [Axis] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ReceivablesAgingAxis" xlink:label="loc_bac_ReceivablesAgingAxis_F88153C6AD033CBC0D41673DE8680640" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ReceivablesAgingAxis_F88153C6AD033CBC0D41673DE8680640" xlink:to="lab_bac_ReceivablesAgingAxis_F88153C6AD033CBC0D41673DE8680640" xlink:type="arc"/>
<link:label id="lab_bac_ReceivablesAgingDomain_4B39DF441AFE4F0701E4673DEA95B90D_label_en-US" xlink:label="lab_bac_ReceivablesAgingDomain_4B39DF441AFE4F0701E4673DEA95B90D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Receivables Aging [Domain] </link:label>
<link:label id="lab_bac_ReceivablesAgingDomain_4B39DF441AFE4F0701E4673DEA95B90D_documentation_en-US" xlink:label="lab_bac_ReceivablesAgingDomain_4B39DF441AFE4F0701E4673DEA95B90D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Receivables Aging [Domain] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ReceivablesAgingDomain" xlink:label="loc_bac_ReceivablesAgingDomain_4B39DF441AFE4F0701E4673DEA95B90D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ReceivablesAgingDomain_4B39DF441AFE4F0701E4673DEA95B90D" xlink:to="lab_bac_ReceivablesAgingDomain_4B39DF441AFE4F0701E4673DEA95B90D" xlink:type="arc"/>
<link:label id="lab_bac_PercentOfBalancesCurrentOrLessThan30DaysPastDueMember_05219EE0965A7AB65956673DE8C4E45A_label_en-US" xlink:label="lab_bac_PercentOfBalancesCurrentOrLessThan30DaysPastDueMember_05219EE0965A7AB65956673DE8C4E45A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Percent of Balances Current or Less Than 30 Days Past Due [Member] </link:label>
<link:label id="lab_bac_PercentOfBalancesCurrentOrLessThan30DaysPastDueMember_05219EE0965A7AB65956673DE8C4E45A_documentation_en-US" xlink:label="lab_bac_PercentOfBalancesCurrentOrLessThan30DaysPastDueMember_05219EE0965A7AB65956673DE8C4E45A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Percent of balances current or less than 30 days past due. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PercentOfBalancesCurrentOrLessThan30DaysPastDueMember" xlink:label="loc_bac_PercentOfBalancesCurrentOrLessThan30DaysPastDueMember_05219EE0965A7AB65956673DE8C4E45A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_PercentOfBalancesCurrentOrLessThan30DaysPastDueMember_05219EE0965A7AB65956673DE8C4E45A" xlink:to="lab_bac_PercentOfBalancesCurrentOrLessThan30DaysPastDueMember_05219EE0965A7AB65956673DE8C4E45A" xlink:type="arc"/>
<link:label id="lab_bac_ThirtyToEightyNineDaysPastDueMember_6792772C77E909F2FA79673F7E4CBFED_label_en-US" xlink:label="lab_bac_ThirtyToEightyNineDaysPastDueMember_6792772C77E909F2FA79673F7E4CBFED" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Thirty To Eighty Nine Days Past Due Member </link:label>
<link:label id="lab_bac_ThirtyToEightyNineDaysPastDueMember_6792772C77E909F2FA79673F7E4CBFED_documentation_en-US" xlink:label="lab_bac_ThirtyToEightyNineDaysPastDueMember_6792772C77E909F2FA79673F7E4CBFED" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Thirty To Eighty Nine Days Past Due. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ThirtyToEightyNineDaysPastDueMember" xlink:label="loc_bac_ThirtyToEightyNineDaysPastDueMember_6792772C77E909F2FA79673F7E4CBFED" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ThirtyToEightyNineDaysPastDueMember_6792772C77E909F2FA79673F7E4CBFED" xlink:to="lab_bac_ThirtyToEightyNineDaysPastDueMember_6792772C77E909F2FA79673F7E4CBFED" xlink:type="arc"/>
<link:label id="lab_bac_NinetyDaysOrMorePastDueMember_866745739AE5B221EFB06740161DACEE_label_en-US" xlink:label="lab_bac_NinetyDaysOrMorePastDueMember_866745739AE5B221EFB06740161DACEE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Ninety Days Or More Past Due [Member] </link:label>
<link:label id="lab_bac_NinetyDaysOrMorePastDueMember_866745739AE5B221EFB06740161DACEE_documentation_en-US" xlink:label="lab_bac_NinetyDaysOrMorePastDueMember_866745739AE5B221EFB06740161DACEE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Ninety Days or More Past Due Member. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_NinetyDaysOrMorePastDueMember" xlink:label="loc_bac_NinetyDaysOrMorePastDueMember_866745739AE5B221EFB06740161DACEE" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_NinetyDaysOrMorePastDueMember_866745739AE5B221EFB06740161DACEE" xlink:to="lab_bac_NinetyDaysOrMorePastDueMember_866745739AE5B221EFB06740161DACEE" xlink:type="arc"/>
<link:label id="lab_bac_CurrentOrLessThanThirtyDaysPastDueMember_B91BB3092C37E4A88CC8678C4A65D5EE_label_en-US" xlink:label="lab_bac_CurrentOrLessThanThirtyDaysPastDueMember_B91BB3092C37E4A88CC8678C4A65D5EE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Current Or Less Than Thirty Days Past Due [Member] </link:label>
<link:label id="lab_bac_CurrentOrLessThanThirtyDaysPastDueMember_B91BB3092C37E4A88CC8678C4A65D5EE_documentation_en-US" xlink:label="lab_bac_CurrentOrLessThanThirtyDaysPastDueMember_B91BB3092C37E4A88CC8678C4A65D5EE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Current Or Less Than Thirty Days Past Due Member. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CurrentOrLessThanThirtyDaysPastDueMember" xlink:label="loc_bac_CurrentOrLessThanThirtyDaysPastDueMember_B91BB3092C37E4A88CC8678C4A65D5EE" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CurrentOrLessThanThirtyDaysPastDueMember_B91BB3092C37E4A88CC8678C4A65D5EE" xlink:to="lab_bac_CurrentOrLessThanThirtyDaysPastDueMember_B91BB3092C37E4A88CC8678C4A65D5EE" xlink:type="arc"/>
<link:label id="lab_bac_LegacyAssetServicingSubPortfolioSegmentExcludingCountrywidePciLoansMember_A055332D79A63DD39C96882003EEDBF9_terseLabel_en-US" xlink:label="lab_bac_LegacyAssetServicingSubPortfolioSegmentExcludingCountrywidePciLoansMember_A055332D79A63DD39C96882003EEDBF9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Legacy Asset Servicing Sub Portfolio Segment Excluding Countrywide PCI Loans [Member] </link:label>
<link:label id="lab_bac_LegacyAssetServicingSubPortfolioSegmentExcludingCountrywidePciLoansMember_A055332D79A63DD39C96882003EEDBF9_label_en-US" xlink:label="lab_bac_LegacyAssetServicingSubPortfolioSegmentExcludingCountrywidePciLoansMember_A055332D79A63DD39C96882003EEDBF9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Legacy Asset Servicing Sub Portfolio Segment Excluding Countrywide PCI Loans [Member] </link:label>
<link:label id="lab_bac_LegacyAssetServicingSubPortfolioSegmentExcludingCountrywidePciLoansMember_A055332D79A63DD39C96882003EEDBF9_documentation_en-US" xlink:label="lab_bac_LegacyAssetServicingSubPortfolioSegmentExcludingCountrywidePciLoansMember_A055332D79A63DD39C96882003EEDBF9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Legacy Asset Servicing Sub Portfolio Segment Excluding Countrywide PCI Loans [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_LegacyAssetServicingSubPortfolioSegmentExcludingCountrywidePciLoansMember" xlink:label="loc_bac_LegacyAssetServicingSubPortfolioSegmentExcludingCountrywidePciLoansMember_A055332D79A63DD39C96882003EEDBF9" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_LegacyAssetServicingSubPortfolioSegmentExcludingCountrywidePciLoansMember_A055332D79A63DD39C96882003EEDBF9" xlink:to="lab_bac_LegacyAssetServicingSubPortfolioSegmentExcludingCountrywidePciLoansMember_A055332D79A63DD39C96882003EEDBF9" xlink:type="arc"/>
<link:label id="lab_bac_ConsumerIncludingResidentialMortgagePortfolioSegmentMember_CF569CDF2DE69A5A43DF66D2E102EA72_label_en-US" xlink:label="lab_bac_ConsumerIncludingResidentialMortgagePortfolioSegmentMember_CF569CDF2DE69A5A43DF66D2E102EA72" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Consumer Including Residential Mortgage Portfolio Segment [Member] </link:label>
<link:label id="lab_bac_ConsumerIncludingResidentialMortgagePortfolioSegmentMember_CF569CDF2DE69A5A43DF66D2E102EA72_documentation_en-US" xlink:label="lab_bac_ConsumerIncludingResidentialMortgagePortfolioSegmentMember_CF569CDF2DE69A5A43DF66D2E102EA72" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Portfolio segment of the company's total financing receivables related to consumer receivables, incuding residential mortgage. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ConsumerIncludingResidentialMortgagePortfolioSegmentMember" xlink:label="loc_bac_ConsumerIncludingResidentialMortgagePortfolioSegmentMember_CF569CDF2DE69A5A43DF66D2E102EA72" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ConsumerIncludingResidentialMortgagePortfolioSegmentMember_CF569CDF2DE69A5A43DF66D2E102EA72" xlink:to="lab_bac_ConsumerIncludingResidentialMortgagePortfolioSegmentMember_CF569CDF2DE69A5A43DF66D2E102EA72" xlink:type="arc"/>
<link:label id="lab_us-gaap_FinancingReceivableInformationByCreditQualityIndicatorAxis_2C7B82402B7913539A0B66CC1CC70A79_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableInformationByCreditQualityIndicatorAxis_2C7B82402B7913539A0B66CC1CC70A79" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivable Information by Credit Quality Indicator [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FinancingReceivableInformationByCreditQualityIndicatorAxis" xlink:label="loc_us-gaap_FinancingReceivableInformationByCreditQualityIndicatorAxis_2C7B82402B7913539A0B66CC1CC70A79" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingReceivableInformationByCreditQualityIndicatorAxis_2C7B82402B7913539A0B66CC1CC70A79" xlink:to="lab_us-gaap_FinancingReceivableInformationByCreditQualityIndicatorAxis_2C7B82402B7913539A0B66CC1CC70A79" xlink:type="arc"/>
<link:label id="lab_us-gaap_FinancingReceivableByCreditQualityIndicatorDomain_FB13FD9BFCCC187C426067C0B4600579_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableByCreditQualityIndicatorDomain_FB13FD9BFCCC187C426067C0B4600579" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivable, by Credit Quality Indicator [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FinancingReceivableByCreditQualityIndicatorDomain" xlink:label="loc_us-gaap_FinancingReceivableByCreditQualityIndicatorDomain_FB13FD9BFCCC187C426067C0B4600579" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingReceivableByCreditQualityIndicatorDomain_FB13FD9BFCCC187C426067C0B4600579" xlink:to="lab_us-gaap_FinancingReceivableByCreditQualityIndicatorDomain_FB13FD9BFCCC187C426067C0B4600579" xlink:type="arc"/>
<link:label id="lab_bac_RefreshedLoanToValueMember_79E7B28265EFD5A693E967C7A4AAB85F_label_en-US" xlink:label="lab_bac_RefreshedLoanToValueMember_79E7B28265EFD5A693E967C7A4AAB85F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Refreshed Loan To Value [Member] </link:label>
<link:label id="lab_bac_RefreshedLoanToValueMember_79E7B28265EFD5A693E967C7A4AAB85F_documentation_en-US" xlink:label="lab_bac_RefreshedLoanToValueMember_79E7B28265EFD5A693E967C7A4AAB85F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Refreshed LTV measures the carrying value of the loan as a percentage of the value of property securing the loan, refreshed quarterly. Home equity loans are evaluated using combined LTV which measures the carrying value of the combined loans that have liens against the property and the available line of credit as a percentage of the appraised value of the property securing the loan, refreshed quarterly. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_RefreshedLoanToValueMember" xlink:label="loc_bac_RefreshedLoanToValueMember_79E7B28265EFD5A693E967C7A4AAB85F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_RefreshedLoanToValueMember_79E7B28265EFD5A693E967C7A4AAB85F" xlink:to="lab_bac_RefreshedLoanToValueMember_79E7B28265EFD5A693E967C7A4AAB85F" xlink:type="arc"/>
<link:label id="lab_bac_RefreshedLoanToValueLessThanNinetyPercentMember_3C10A74FD1FC567D5F2866CC1D43EF93_label_en-US" xlink:label="lab_bac_RefreshedLoanToValueLessThanNinetyPercentMember_3C10A74FD1FC567D5F2866CC1D43EF93" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Refreshed Loan To Value Less Than Ninety Percent [Member] </link:label>
<link:label id="lab_bac_RefreshedLoanToValueLessThanNinetyPercentMember_3C10A74FD1FC567D5F2866CC1D43EF93_documentation_en-US" xlink:label="lab_bac_RefreshedLoanToValueLessThanNinetyPercentMember_3C10A74FD1FC567D5F2866CC1D43EF93" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Refreshed Loan To Value less than Ninety percent. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_RefreshedLoanToValueLessThanNinetyPercentMember" xlink:label="loc_bac_RefreshedLoanToValueLessThanNinetyPercentMember_3C10A74FD1FC567D5F2866CC1D43EF93" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_RefreshedLoanToValueLessThanNinetyPercentMember_3C10A74FD1FC567D5F2866CC1D43EF93" xlink:to="lab_bac_RefreshedLoanToValueLessThanNinetyPercentMember_3C10A74FD1FC567D5F2866CC1D43EF93" xlink:type="arc"/>
<link:label id="lab_bac_RefreshedLoanToValueGreaterThanNinetyPercentButLessThanHundredPercentMember_7C9FE0BE83785E337B4D66CC43978640_label_en-US" xlink:label="lab_bac_RefreshedLoanToValueGreaterThanNinetyPercentButLessThanHundredPercentMember_7C9FE0BE83785E337B4D66CC43978640" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Refreshed Loan To Value Greater Than Ninety Percent But Less Than Hundred Percent [Member] </link:label>
<link:label id="lab_bac_RefreshedLoanToValueGreaterThanNinetyPercentButLessThanHundredPercentMember_7C9FE0BE83785E337B4D66CC43978640_documentation_en-US" xlink:label="lab_bac_RefreshedLoanToValueGreaterThanNinetyPercentButLessThanHundredPercentMember_7C9FE0BE83785E337B4D66CC43978640" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Refreshed Loan To Value greater than Ninety Percent but less than Hundred Percent. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_RefreshedLoanToValueGreaterThanNinetyPercentButLessThanHundredPercentMember" xlink:label="loc_bac_RefreshedLoanToValueGreaterThanNinetyPercentButLessThanHundredPercentMember_7C9FE0BE83785E337B4D66CC43978640" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_RefreshedLoanToValueGreaterThanNinetyPercentButLessThanHundredPercentMember_7C9FE0BE83785E337B4D66CC43978640" xlink:to="lab_bac_RefreshedLoanToValueGreaterThanNinetyPercentButLessThanHundredPercentMember_7C9FE0BE83785E337B4D66CC43978640" xlink:type="arc"/>
<link:label id="lab_bac_RefreshedLoanToValueGreaterThanHundredPercentMember_FC0335DF8022DD2D788066CC66A22C5C_label_en-US" xlink:label="lab_bac_RefreshedLoanToValueGreaterThanHundredPercentMember_FC0335DF8022DD2D788066CC66A22C5C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Refreshed Loan To Value Greater Than Hundred Percent [Member] </link:label>
<link:label id="lab_bac_RefreshedLoanToValueGreaterThanHundredPercentMember_FC0335DF8022DD2D788066CC66A22C5C_documentation_en-US" xlink:label="lab_bac_RefreshedLoanToValueGreaterThanHundredPercentMember_FC0335DF8022DD2D788066CC66A22C5C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Refreshed Loan To Value greater than Hundred percent. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_RefreshedLoanToValueGreaterThanHundredPercentMember" xlink:label="loc_bac_RefreshedLoanToValueGreaterThanHundredPercentMember_FC0335DF8022DD2D788066CC66A22C5C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_RefreshedLoanToValueGreaterThanHundredPercentMember_FC0335DF8022DD2D788066CC66A22C5C" xlink:to="lab_bac_RefreshedLoanToValueGreaterThanHundredPercentMember_FC0335DF8022DD2D788066CC66A22C5C" xlink:type="arc"/>
<link:label id="lab_bac_FullyInsuredLoansMember_84018B325236B9CC80C166CC8A65F824_label_en-US" xlink:label="lab_bac_FullyInsuredLoansMember_84018B325236B9CC80C166CC8A65F824" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fully Insured Loans [Member] </link:label>
<link:label id="lab_bac_FullyInsuredLoansMember_84018B325236B9CC80C166CC8A65F824_documentation_en-US" xlink:label="lab_bac_FullyInsuredLoansMember_84018B325236B9CC80C166CC8A65F824" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Fully Insured Loans [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_FullyInsuredLoansMember" xlink:label="loc_bac_FullyInsuredLoansMember_84018B325236B9CC80C166CC8A65F824" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_FullyInsuredLoansMember_84018B325236B9CC80C166CC8A65F824" xlink:to="lab_bac_FullyInsuredLoansMember_84018B325236B9CC80C166CC8A65F824" xlink:type="arc"/>
<link:label id="lab_bac_RefreshedFicoScoreMember_90E060F54C43F720BF9067CCC0B911DC_label_en-US" xlink:label="lab_bac_RefreshedFicoScoreMember_90E060F54C43F720BF9067CCC0B911DC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Refreshed FICO Score [Member] </link:label>
<link:label id="lab_bac_RefreshedFicoScoreMember_90E060F54C43F720BF9067CCC0B911DC_documentation_en-US" xlink:label="lab_bac_RefreshedFicoScoreMember_90E060F54C43F720BF9067CCC0B911DC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Refreshed FICO Score [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_RefreshedFicoScoreMember" xlink:label="loc_bac_RefreshedFicoScoreMember_90E060F54C43F720BF9067CCC0B911DC" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_RefreshedFicoScoreMember_90E060F54C43F720BF9067CCC0B911DC" xlink:to="lab_bac_RefreshedFicoScoreMember_90E060F54C43F720BF9067CCC0B911DC" xlink:type="arc"/>
<link:label id="lab_bac_RefreshedFicoScoreLessThanSixHundredTwentyMember_D25D24D6912F289B429466D03DEC80F0_label_en-US" xlink:label="lab_bac_RefreshedFicoScoreLessThanSixHundredTwentyMember_D25D24D6912F289B429466D03DEC80F0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Refreshed Fico Score Less Than Six Hundred Twenty [Member] </link:label>
<link:label id="lab_bac_RefreshedFicoScoreLessThanSixHundredTwentyMember_D25D24D6912F289B429466D03DEC80F0_documentation_en-US" xlink:label="lab_bac_RefreshedFicoScoreLessThanSixHundredTwentyMember_D25D24D6912F289B429466D03DEC80F0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Refreshed FICO score less than 620. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_RefreshedFicoScoreLessThanSixHundredTwentyMember" xlink:label="loc_bac_RefreshedFicoScoreLessThanSixHundredTwentyMember_D25D24D6912F289B429466D03DEC80F0" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_RefreshedFicoScoreLessThanSixHundredTwentyMember_D25D24D6912F289B429466D03DEC80F0" xlink:to="lab_bac_RefreshedFicoScoreLessThanSixHundredTwentyMember_D25D24D6912F289B429466D03DEC80F0" xlink:type="arc"/>
<link:label id="lab_bac_RefreshedFicoScoreGreaterThanOrEqualToSixHundredTwentyMember_A25AC48EC8776D5BCA1466D061FE529C_label_en-US" xlink:label="lab_bac_RefreshedFicoScoreGreaterThanOrEqualToSixHundredTwentyMember_A25AC48EC8776D5BCA1466D061FE529C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Refreshed Fico Score Greater Than Or Equal To Six Hundred Twenty [Member] </link:label>
<link:label id="lab_bac_RefreshedFicoScoreGreaterThanOrEqualToSixHundredTwentyMember_A25AC48EC8776D5BCA1466D061FE529C_documentation_en-US" xlink:label="lab_bac_RefreshedFicoScoreGreaterThanOrEqualToSixHundredTwentyMember_A25AC48EC8776D5BCA1466D061FE529C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Refreshed FICO score greater than or equal to 620. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_RefreshedFicoScoreGreaterThanOrEqualToSixHundredTwentyMember" xlink:label="loc_bac_RefreshedFicoScoreGreaterThanOrEqualToSixHundredTwentyMember_A25AC48EC8776D5BCA1466D061FE529C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_RefreshedFicoScoreGreaterThanOrEqualToSixHundredTwentyMember_A25AC48EC8776D5BCA1466D061FE529C" xlink:to="lab_bac_RefreshedFicoScoreGreaterThanOrEqualToSixHundredTwentyMember_A25AC48EC8776D5BCA1466D061FE529C" xlink:type="arc"/>
<link:label id="lab_bac_RefreshedFicoScoreOtherInternalCreditMetricsMember_249AC19E5DFD74238FA56736186C2C72_label_en-US" xlink:label="lab_bac_RefreshedFicoScoreOtherInternalCreditMetricsMember_249AC19E5DFD74238FA56736186C2C72" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Refreshed FICO score other internal credit metrics [Member] </link:label>
<link:label id="lab_bac_RefreshedFicoScoreOtherInternalCreditMetricsMember_249AC19E5DFD74238FA56736186C2C72_documentation_en-US" xlink:label="lab_bac_RefreshedFicoScoreOtherInternalCreditMetricsMember_249AC19E5DFD74238FA56736186C2C72" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Refreshed FICO score other internal credit metrics. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_RefreshedFicoScoreOtherInternalCreditMetricsMember" xlink:label="loc_bac_RefreshedFicoScoreOtherInternalCreditMetricsMember_249AC19E5DFD74238FA56736186C2C72" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_RefreshedFicoScoreOtherInternalCreditMetricsMember_249AC19E5DFD74238FA56736186C2C72" xlink:to="lab_bac_RefreshedFicoScoreOtherInternalCreditMetricsMember_249AC19E5DFD74238FA56736186C2C72" xlink:type="arc"/>
<link:label id="lab_us-gaap_PassMember_5E124861D70E8E63EC486751E866B900_label_en-US" xlink:label="lab_us-gaap_PassMember_5E124861D70E8E63EC486751E866B900" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Pass [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_PassMember" xlink:label="loc_us-gaap_PassMember_5E124861D70E8E63EC486751E866B900" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PassMember_5E124861D70E8E63EC486751E866B900" xlink:to="lab_us-gaap_PassMember_5E124861D70E8E63EC486751E866B900" xlink:type="arc"/>
<link:label id="lab_bac_RiskRatingsCriticizedMember_F1338A3D6DE2B41C0AF96752000F9552_label_en-US" xlink:label="lab_bac_RiskRatingsCriticizedMember_F1338A3D6DE2B41C0AF96752000F9552" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Risk Ratings Criticized [Member] </link:label>
<link:label id="lab_bac_RiskRatingsCriticizedMember_F1338A3D6DE2B41C0AF96752000F9552_documentation_en-US" xlink:label="lab_bac_RiskRatingsCriticizedMember_F1338A3D6DE2B41C0AF96752000F9552" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Risk ratings criticized. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_RiskRatingsCriticizedMember" xlink:label="loc_bac_RiskRatingsCriticizedMember_F1338A3D6DE2B41C0AF96752000F9552" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_RiskRatingsCriticizedMember_F1338A3D6DE2B41C0AF96752000F9552" xlink:to="lab_bac_RiskRatingsCriticizedMember_F1338A3D6DE2B41C0AF96752000F9552" xlink:type="arc"/>
<link:label id="lab_bac_CountrywideResidentialMortgagePciMember_2C4E63AB8B0F45D9444666CC8FAF7F99_label_en-US" xlink:label="lab_bac_CountrywideResidentialMortgagePciMember_2C4E63AB8B0F45D9444666CC8FAF7F99" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Countrywide Residential Mortgage Pci [Member] </link:label>
<link:label id="lab_bac_CountrywideResidentialMortgagePciMember_2C4E63AB8B0F45D9444666CC8FAF7F99_documentation_en-US" xlink:label="lab_bac_CountrywideResidentialMortgagePciMember_2C4E63AB8B0F45D9444666CC8FAF7F99" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Countrywide Residential Mortgage PCI. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CountrywideResidentialMortgagePciMember" xlink:label="loc_bac_CountrywideResidentialMortgagePciMember_2C4E63AB8B0F45D9444666CC8FAF7F99" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CountrywideResidentialMortgagePciMember_2C4E63AB8B0F45D9444666CC8FAF7F99" xlink:to="lab_bac_CountrywideResidentialMortgagePciMember_2C4E63AB8B0F45D9444666CC8FAF7F99" xlink:type="arc"/>
<link:label id="lab_bac_CorePortfolioHomeEquityMember_3755458E6501F19C617F66CC913725D0_label_en-US" xlink:label="lab_bac_CorePortfolioHomeEquityMember_3755458E6501F19C617F66CC913725D0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Core Portfolio Home Equity [Member] </link:label>
<link:label id="lab_bac_CorePortfolioHomeEquityMember_3755458E6501F19C617F66CC913725D0_documentation_en-US" xlink:label="lab_bac_CorePortfolioHomeEquityMember_3755458E6501F19C617F66CC913725D0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Core Portfolio Home Equity. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CorePortfolioHomeEquityMember" xlink:label="loc_bac_CorePortfolioHomeEquityMember_3755458E6501F19C617F66CC913725D0" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CorePortfolioHomeEquityMember_3755458E6501F19C617F66CC913725D0" xlink:to="lab_bac_CorePortfolioHomeEquityMember_3755458E6501F19C617F66CC913725D0" xlink:type="arc"/>
<link:label id="lab_bac_LegacyAssetServicingHomeEquityMember_7A6F1A5AB71281B2621966CC9269D999_label_en-US" xlink:label="lab_bac_LegacyAssetServicingHomeEquityMember_7A6F1A5AB71281B2621966CC9269D999" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Legacy Asset Servicing Home Equity [Member] </link:label>
<link:label id="lab_bac_LegacyAssetServicingHomeEquityMember_7A6F1A5AB71281B2621966CC9269D999_documentation_en-US" xlink:label="lab_bac_LegacyAssetServicingHomeEquityMember_7A6F1A5AB71281B2621966CC9269D999" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Legacy Asset Servicing Home Equity. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_LegacyAssetServicingHomeEquityMember" xlink:label="loc_bac_LegacyAssetServicingHomeEquityMember_7A6F1A5AB71281B2621966CC9269D999" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_LegacyAssetServicingHomeEquityMember_7A6F1A5AB71281B2621966CC9269D999" xlink:to="lab_bac_LegacyAssetServicingHomeEquityMember_7A6F1A5AB71281B2621966CC9269D999" xlink:type="arc"/>
<link:label id="lab_bac_CountrywideHomeEquityPciMember_28F4FEB7952AD831E36566CC93A1BFA3_label_en-US" xlink:label="lab_bac_CountrywideHomeEquityPciMember_28F4FEB7952AD831E36566CC93A1BFA3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Countrywide Home Equity Pci [Member] </link:label>
<link:label id="lab_bac_CountrywideHomeEquityPciMember_28F4FEB7952AD831E36566CC93A1BFA3_documentation_en-US" xlink:label="lab_bac_CountrywideHomeEquityPciMember_28F4FEB7952AD831E36566CC93A1BFA3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Countrywide Home Equity PCI. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CountrywideHomeEquityPciMember" xlink:label="loc_bac_CountrywideHomeEquityPciMember_28F4FEB7952AD831E36566CC93A1BFA3" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CountrywideHomeEquityPciMember_28F4FEB7952AD831E36566CC93A1BFA3" xlink:to="lab_bac_CountrywideHomeEquityPciMember_28F4FEB7952AD831E36566CC93A1BFA3" xlink:type="arc"/>
<link:label id="lab_bac_LegacyAssetServicingDiscontinuedRealEstateMember_2C8839C3A86CAD7CD11C66CC94D63A5D_label_en-US" xlink:label="lab_bac_LegacyAssetServicingDiscontinuedRealEstateMember_2C8839C3A86CAD7CD11C66CC94D63A5D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Legacy Asset Servicing Discontinued Real Estate [Member] </link:label>
<link:label id="lab_bac_LegacyAssetServicingDiscontinuedRealEstateMember_2C8839C3A86CAD7CD11C66CC94D63A5D_documentation_en-US" xlink:label="lab_bac_LegacyAssetServicingDiscontinuedRealEstateMember_2C8839C3A86CAD7CD11C66CC94D63A5D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Legacy Asset Servicing Discontinued Real Estate. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_LegacyAssetServicingDiscontinuedRealEstateMember" xlink:label="loc_bac_LegacyAssetServicingDiscontinuedRealEstateMember_2C8839C3A86CAD7CD11C66CC94D63A5D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_LegacyAssetServicingDiscontinuedRealEstateMember_2C8839C3A86CAD7CD11C66CC94D63A5D" xlink:to="lab_bac_LegacyAssetServicingDiscontinuedRealEstateMember_2C8839C3A86CAD7CD11C66CC94D63A5D" xlink:type="arc"/>
<link:label id="lab_bac_CountrywideDiscontinuedRealEstatePciMember_B2AEAC03655140A36C6E66CC9609C86C_label_en-US" xlink:label="lab_bac_CountrywideDiscontinuedRealEstatePciMember_B2AEAC03655140A36C6E66CC9609C86C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Countrywide Discontinued Real Estate Pci [Member] </link:label>
<link:label id="lab_bac_CountrywideDiscontinuedRealEstatePciMember_B2AEAC03655140A36C6E66CC9609C86C_documentation_en-US" xlink:label="lab_bac_CountrywideDiscontinuedRealEstatePciMember_B2AEAC03655140A36C6E66CC9609C86C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Countrywide Discontinued Real Estate PCI. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CountrywideDiscontinuedRealEstatePciMember" xlink:label="loc_bac_CountrywideDiscontinuedRealEstatePciMember_B2AEAC03655140A36C6E66CC9609C86C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CountrywideDiscontinuedRealEstatePciMember_B2AEAC03655140A36C6E66CC9609C86C" xlink:to="lab_bac_CountrywideDiscontinuedRealEstatePciMember_B2AEAC03655140A36C6E66CC9609C86C" xlink:type="arc"/>
<link:label id="lab_bac_CriticizedRiskRatingEvaluatedUsingFicoOrInternalCreditMetricsMember_FF9F7C8402EE665D751C8759034A5CBA_terseLabel_en-US" xlink:label="lab_bac_CriticizedRiskRatingEvaluatedUsingFicoOrInternalCreditMetricsMember_FF9F7C8402EE665D751C8759034A5CBA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Criticized Risk Rating Evaluated Using FICO or Internal Credit Metrics [Member] </link:label>
<link:label id="lab_bac_CriticizedRiskRatingEvaluatedUsingFicoOrInternalCreditMetricsMember_FF9F7C8402EE665D751C8759034A5CBA_label_en-US" xlink:label="lab_bac_CriticizedRiskRatingEvaluatedUsingFicoOrInternalCreditMetricsMember_FF9F7C8402EE665D751C8759034A5CBA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Criticized Risk Rating Evaluated Using FICO or Internal Credit Metrics [Member] </link:label>
<link:label id="lab_bac_CriticizedRiskRatingEvaluatedUsingFicoOrInternalCreditMetricsMember_FF9F7C8402EE665D751C8759034A5CBA_documentation_en-US" xlink:label="lab_bac_CriticizedRiskRatingEvaluatedUsingFicoOrInternalCreditMetricsMember_FF9F7C8402EE665D751C8759034A5CBA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Criticized Risk Rating Evaluated Using FICO or Internal Credit Metrics [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CriticizedRiskRatingEvaluatedUsingFicoOrInternalCreditMetricsMember" xlink:label="loc_bac_CriticizedRiskRatingEvaluatedUsingFicoOrInternalCreditMetricsMember_FF9F7C8402EE665D751C8759034A5CBA" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CriticizedRiskRatingEvaluatedUsingFicoOrInternalCreditMetricsMember_FF9F7C8402EE665D751C8759034A5CBA" xlink:to="lab_bac_CriticizedRiskRatingEvaluatedUsingFicoOrInternalCreditMetricsMember_FF9F7C8402EE665D751C8759034A5CBA" xlink:type="arc"/>
<link:label id="lab_us-gaap_FinancingReceivableAcquiredWithDeterioratedCreditQuality_AE363392EC20F5F8AA5766DB46687CC0_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableAcquiredWithDeterioratedCreditQuality_AE363392EC20F5F8AA5766DB46687CC0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Financing Receivable, Acquired with Deteriorated Credit Quality </link:label>
<link:label id="lab_us-gaap_FinancingReceivableAcquiredWithDeterioratedCreditQuality_AE363392EC20F5F8AA5766DB46687CC0_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableAcquiredWithDeterioratedCreditQuality_AE363392EC20F5F8AA5766DB46687CC0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivable, Acquired with Deteriorated Credit Quality </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FinancingReceivableAcquiredWithDeterioratedCreditQuality" xlink:label="loc_us-gaap_FinancingReceivableAcquiredWithDeterioratedCreditQuality_AE363392EC20F5F8AA5766DB46687CC0" xlink:type="locator"/>
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<link:label id="lab_bac_PercentOfPortfolioFromExitedBusiness_D3F0055F5D2482151272673ADE860261_terseLabel_en-US" xlink:label="lab_bac_PercentOfPortfolioFromExitedBusiness_D3F0055F5D2482151272673ADE860261" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Percent of Portfolio From Exited Business </link:label>
<link:label id="lab_bac_PercentOfPortfolioFromExitedBusiness_D3F0055F5D2482151272673ADE860261_label_en-US" xlink:label="lab_bac_PercentOfPortfolioFromExitedBusiness_D3F0055F5D2482151272673ADE860261" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Percent of Portfolio From Exited Business </link:label>
<link:label id="lab_bac_PercentOfPortfolioFromExitedBusiness_D3F0055F5D2482151272673ADE860261_documentation_en-US" xlink:label="lab_bac_PercentOfPortfolioFromExitedBusiness_D3F0055F5D2482151272673ADE860261" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Percent of Portfolio From Exited Business </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PercentOfPortfolioFromExitedBusiness" xlink:label="loc_bac_PercentOfPortfolioFromExitedBusiness_D3F0055F5D2482151272673ADE860261" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_PercentOfPortfolioFromExitedBusiness_D3F0055F5D2482151272673ADE860261" xlink:to="lab_bac_PercentOfPortfolioFromExitedBusiness_D3F0055F5D2482151272673ADE860261" xlink:type="arc"/>
<link:label id="lab_bac_SecuritiesBasedLendingOvercollateralized_DF1DEC5286B33CB7137A673BE94D27F5_terseLabel_en-US" xlink:label="lab_bac_SecuritiesBasedLendingOvercollateralized_DF1DEC5286B33CB7137A673BE94D27F5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Securities based lending overcollateralized </link:label>
<link:label id="lab_bac_SecuritiesBasedLendingOvercollateralized_DF1DEC5286B33CB7137A673BE94D27F5_label_en-US" xlink:label="lab_bac_SecuritiesBasedLendingOvercollateralized_DF1DEC5286B33CB7137A673BE94D27F5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities based lending overcollateralized </link:label>
<link:label id="lab_bac_SecuritiesBasedLendingOvercollateralized_DF1DEC5286B33CB7137A673BE94D27F5_documentation_en-US" xlink:label="lab_bac_SecuritiesBasedLendingOvercollateralized_DF1DEC5286B33CB7137A673BE94D27F5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Securities based lending overcollateralized. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_SecuritiesBasedLendingOvercollateralized" xlink:label="loc_bac_SecuritiesBasedLendingOvercollateralized_DF1DEC5286B33CB7137A673BE94D27F5" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_SecuritiesBasedLendingOvercollateralized_DF1DEC5286B33CB7137A673BE94D27F5" xlink:to="lab_bac_SecuritiesBasedLendingOvercollateralized_DF1DEC5286B33CB7137A673BE94D27F5" xlink:type="arc"/>
<link:label id="lab_bac_LoanTypeNoLongerOriginatedByEntity_C45132FA43D443D0840B673CEC8B029C_terseLabel_en-US" xlink:label="lab_bac_LoanTypeNoLongerOriginatedByEntity_C45132FA43D443D0840B673CEC8B029C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loan Type No Longer Originated By Entity </link:label>
<link:label id="lab_bac_LoanTypeNoLongerOriginatedByEntity_C45132FA43D443D0840B673CEC8B029C_label_en-US" xlink:label="lab_bac_LoanTypeNoLongerOriginatedByEntity_C45132FA43D443D0840B673CEC8B029C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loan Type No Longer Originated By Entity </link:label>
<link:label id="lab_bac_LoanTypeNoLongerOriginatedByEntity_C45132FA43D443D0840B673CEC8B029C_documentation_en-US" xlink:label="lab_bac_LoanTypeNoLongerOriginatedByEntity_C45132FA43D443D0840B673CEC8B029C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Loan Type No Longer Originated By Entity </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_LoanTypeNoLongerOriginatedByEntity" xlink:label="loc_bac_LoanTypeNoLongerOriginatedByEntity_C45132FA43D443D0840B673CEC8B029C" xlink:type="locator"/>
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<link:label id="lab_bac_PercentageOfOutstandingsByAging_2FFACD1070094823F9B3673DE804995A_terseLabel_en-US" xlink:label="lab_bac_PercentageOfOutstandingsByAging_2FFACD1070094823F9B3673DE804995A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Percentage Of Outstandings By Aging </link:label>
<link:label id="lab_bac_PercentageOfOutstandingsByAging_2FFACD1070094823F9B3673DE804995A_label_en-US" xlink:label="lab_bac_PercentageOfOutstandingsByAging_2FFACD1070094823F9B3673DE804995A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Percentage Of Outstandings By Aging </link:label>
<link:label id="lab_bac_PercentageOfOutstandingsByAging_2FFACD1070094823F9B3673DE804995A_documentation_en-US" xlink:label="lab_bac_PercentageOfOutstandingsByAging_2FFACD1070094823F9B3673DE804995A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Percentage Of Outstandings by aging. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PercentageOfOutstandingsByAging" xlink:label="loc_bac_PercentageOfOutstandingsByAging_2FFACD1070094823F9B3673DE804995A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_PercentageOfOutstandingsByAging_2FFACD1070094823F9B3673DE804995A" xlink:to="lab_bac_PercentageOfOutstandingsByAging_2FFACD1070094823F9B3673DE804995A" xlink:type="arc"/>
<link:label id="lab_bac_PercentageOfInternalCreditMetricsIncludingDelinquencyStatus_C56E7C05D6137BFCD22067947626E720_terseLabel_en-US" xlink:label="lab_bac_PercentageOfInternalCreditMetricsIncludingDelinquencyStatus_C56E7C05D6137BFCD22067947626E720" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Percentage of internal credit metrics including delinquency status </link:label>
<link:label id="lab_bac_PercentageOfInternalCreditMetricsIncludingDelinquencyStatus_C56E7C05D6137BFCD22067947626E720_label_en-US" xlink:label="lab_bac_PercentageOfInternalCreditMetricsIncludingDelinquencyStatus_C56E7C05D6137BFCD22067947626E720" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Percentage of internal credit metrics including delinquency status </link:label>
<link:label id="lab_bac_PercentageOfInternalCreditMetricsIncludingDelinquencyStatus_C56E7C05D6137BFCD22067947626E720_documentation_en-US" xlink:label="lab_bac_PercentageOfInternalCreditMetricsIncludingDelinquencyStatus_C56E7C05D6137BFCD22067947626E720" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Percentage of internal credit metrics, including delinquency status. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PercentageOfInternalCreditMetricsIncludingDelinquencyStatus" xlink:label="loc_bac_PercentageOfInternalCreditMetricsIncludingDelinquencyStatus_C56E7C05D6137BFCD22067947626E720" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_PercentageOfInternalCreditMetricsIncludingDelinquencyStatus_C56E7C05D6137BFCD22067947626E720" xlink:to="lab_bac_PercentageOfInternalCreditMetricsIncludingDelinquencyStatus_C56E7C05D6137BFCD22067947626E720" xlink:type="arc"/>
<link:label id="lab_bac_NegotiatedExchangeAgreementInformationAxis_BF3BBB6411C11B2FEA9D9A4301D500E1_terseLabel_en-US" xlink:label="lab_bac_NegotiatedExchangeAgreementInformationAxis_BF3BBB6411C11B2FEA9D9A4301D500E1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Negotiated Exchange Agreement Information [Axis] </link:label>
<link:label id="lab_bac_NegotiatedExchangeAgreementInformationAxis_BF3BBB6411C11B2FEA9D9A4301D500E1_label_en-US" xlink:label="lab_bac_NegotiatedExchangeAgreementInformationAxis_BF3BBB6411C11B2FEA9D9A4301D500E1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Negotiated Exchange Agreement Information [Axis] </link:label>
<link:label id="lab_bac_NegotiatedExchangeAgreementInformationAxis_BF3BBB6411C11B2FEA9D9A4301D500E1_documentation_en-US" xlink:label="lab_bac_NegotiatedExchangeAgreementInformationAxis_BF3BBB6411C11B2FEA9D9A4301D500E1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Negotiated Exchange Agreement Information [Axis] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_NegotiatedExchangeAgreementInformationAxis" xlink:label="loc_bac_NegotiatedExchangeAgreementInformationAxis_BF3BBB6411C11B2FEA9D9A4301D500E1" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_NegotiatedExchangeAgreementInformationAxis_BF3BBB6411C11B2FEA9D9A4301D500E1" xlink:to="lab_bac_NegotiatedExchangeAgreementInformationAxis_BF3BBB6411C11B2FEA9D9A4301D500E1" xlink:type="arc"/>
<link:label id="lab_bac_NegotiatedExchangeAgreementInformationDomain_E79EE33CDEF30EEB7E2E9A438CAEA6AD_terseLabel_en-US" xlink:label="lab_bac_NegotiatedExchangeAgreementInformationDomain_E79EE33CDEF30EEB7E2E9A438CAEA6AD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Negotiated Exchange Agreement Information [Domain] </link:label>
<link:label id="lab_bac_NegotiatedExchangeAgreementInformationDomain_E79EE33CDEF30EEB7E2E9A438CAEA6AD_label_en-US" xlink:label="lab_bac_NegotiatedExchangeAgreementInformationDomain_E79EE33CDEF30EEB7E2E9A438CAEA6AD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Negotiated Exchange Agreement Information [Domain] </link:label>
<link:label id="lab_bac_NegotiatedExchangeAgreementInformationDomain_E79EE33CDEF30EEB7E2E9A438CAEA6AD_documentation_en-US" xlink:label="lab_bac_NegotiatedExchangeAgreementInformationDomain_E79EE33CDEF30EEB7E2E9A438CAEA6AD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Negotiated Exchange Agreement Information [Domain] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_NegotiatedExchangeAgreementInformationDomain" xlink:label="loc_bac_NegotiatedExchangeAgreementInformationDomain_E79EE33CDEF30EEB7E2E9A438CAEA6AD" xlink:type="locator"/>
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<link:label id="lab_bac_ExhangeAgreement2011TrustSecuritiesMember_A6EB82FB7732269E64F69A44402EE369_terseLabel_en-US" xlink:label="lab_bac_ExhangeAgreement2011TrustSecuritiesMember_A6EB82FB7732269E64F69A44402EE369" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Exhange Agreement 2011 Trust Securities [Member] </link:label>
<link:label id="lab_bac_ExhangeAgreement2011TrustSecuritiesMember_A6EB82FB7732269E64F69A44402EE369_label_en-US" xlink:label="lab_bac_ExhangeAgreement2011TrustSecuritiesMember_A6EB82FB7732269E64F69A44402EE369" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Exhange Agreement 2011 Trust Securities [Member] </link:label>
<link:label id="lab_bac_ExhangeAgreement2011TrustSecuritiesMember_A6EB82FB7732269E64F69A44402EE369_documentation_en-US" xlink:label="lab_bac_ExhangeAgreement2011TrustSecuritiesMember_A6EB82FB7732269E64F69A44402EE369" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Exhange Agreement 2011 Trust Securities [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ExhangeAgreement2011TrustSecuritiesMember" xlink:label="loc_bac_ExhangeAgreement2011TrustSecuritiesMember_A6EB82FB7732269E64F69A44402EE369" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ExhangeAgreement2011TrustSecuritiesMember_A6EB82FB7732269E64F69A44402EE369" xlink:to="lab_bac_ExhangeAgreement2011TrustSecuritiesMember_A6EB82FB7732269E64F69A44402EE369" xlink:type="arc"/>
<link:label id="lab_bac_ExchangeAgreement2011JuniorSubordinatedMember_84267C180130EB12D29F9A4D12580B0B_terseLabel_en-US" xlink:label="lab_bac_ExchangeAgreement2011JuniorSubordinatedMember_84267C180130EB12D29F9A4D12580B0B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Exchange Agreement 2011 Junior Subordinated [Member] </link:label>
<link:label id="lab_bac_ExchangeAgreement2011JuniorSubordinatedMember_84267C180130EB12D29F9A4D12580B0B_label_en-US" xlink:label="lab_bac_ExchangeAgreement2011JuniorSubordinatedMember_84267C180130EB12D29F9A4D12580B0B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Exchange Agreement 2011 Junior Subordinated [Member] </link:label>
<link:label id="lab_bac_ExchangeAgreement2011JuniorSubordinatedMember_84267C180130EB12D29F9A4D12580B0B_documentation_en-US" xlink:label="lab_bac_ExchangeAgreement2011JuniorSubordinatedMember_84267C180130EB12D29F9A4D12580B0B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Exchange Agreement 2011 Junior Subordinated [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ExchangeAgreement2011JuniorSubordinatedMember" xlink:label="loc_bac_ExchangeAgreement2011JuniorSubordinatedMember_84267C180130EB12D29F9A4D12580B0B" xlink:type="locator"/>
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<link:label id="lab_bac_ExchangeAgreement2011HitsMember_13182CD251A458DDE3EF9A4DE4FC2148_terseLabel_en-US" xlink:label="lab_bac_ExchangeAgreement2011HitsMember_13182CD251A458DDE3EF9A4DE4FC2148" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Exchange Agreement 2011 HITS [Member] </link:label>
<link:label id="lab_bac_ExchangeAgreement2011HitsMember_13182CD251A458DDE3EF9A4DE4FC2148_label_en-US" xlink:label="lab_bac_ExchangeAgreement2011HitsMember_13182CD251A458DDE3EF9A4DE4FC2148" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Exchange Agreement 2011 HITS [Member] </link:label>
<link:label id="lab_bac_ExchangeAgreement2011HitsMember_13182CD251A458DDE3EF9A4DE4FC2148_documentation_en-US" xlink:label="lab_bac_ExchangeAgreement2011HitsMember_13182CD251A458DDE3EF9A4DE4FC2148" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Exchange Agreement 2011 HITS [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ExchangeAgreement2011HitsMember" xlink:label="loc_bac_ExchangeAgreement2011HitsMember_13182CD251A458DDE3EF9A4DE4FC2148" xlink:type="locator"/>
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<link:label id="lab_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_4BA4C01A430E8AA18F5ABFE8A3795C34_label_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_4BA4C01A430E8AA18F5ABFE8A3795C34" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Related Party Transactions, by Related Party [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_RelatedPartyTransactionsByRelatedPartyAxis" xlink:label="loc_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_4BA4C01A430E8AA18F5ABFE8A3795C34" xlink:type="locator"/>
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<link:label id="lab_us-gaap_RelatedPartyDomain_0325CD750A9B954EDF4DBFEA8B111BFE_label_en-US" xlink:label="lab_us-gaap_RelatedPartyDomain_0325CD750A9B954EDF4DBFEA8B111BFE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Related Party [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_RelatedPartyDomain" xlink:label="loc_us-gaap_RelatedPartyDomain_0325CD750A9B954EDF4DBFEA8B111BFE" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RelatedPartyDomain_0325CD750A9B954EDF4DBFEA8B111BFE" xlink:to="lab_us-gaap_RelatedPartyDomain_0325CD750A9B954EDF4DBFEA8B111BFE" xlink:type="arc"/>
<link:label id="lab_bac_OtherVariableInterestEntitiesMember_9393B133F1103EA8A3B0BFE97B2CD9A7_label_en-US" xlink:label="lab_bac_OtherVariableInterestEntitiesMember_9393B133F1103EA8A3B0BFE97B2CD9A7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Variable Interest Entities [Member] </link:label>
<link:label id="lab_bac_OtherVariableInterestEntitiesMember_9393B133F1103EA8A3B0BFE97B2CD9A7_documentation_en-US" xlink:label="lab_bac_OtherVariableInterestEntitiesMember_9393B133F1103EA8A3B0BFE97B2CD9A7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Other VIEs. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_OtherVariableInterestEntitiesMember" xlink:label="loc_bac_OtherVariableInterestEntitiesMember_9393B133F1103EA8A3B0BFE97B2CD9A7" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_OtherVariableInterestEntitiesMember_9393B133F1103EA8A3B0BFE97B2CD9A7" xlink:to="lab_bac_OtherVariableInterestEntitiesMember_9393B133F1103EA8A3B0BFE97B2CD9A7" xlink:type="arc"/>
<link:label id="lab_bac_CreditCardMember_50FB42ECCBAA066E69B3BFE2EF43FCBC_label_en-US" xlink:label="lab_bac_CreditCardMember_50FB42ECCBAA066E69B3BFE2EF43FCBC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Credit Card [Member] </link:label>
<link:label id="lab_bac_CreditCardMember_50FB42ECCBAA066E69B3BFE2EF43FCBC_documentation_en-US" xlink:label="lab_bac_CreditCardMember_50FB42ECCBAA066E69B3BFE2EF43FCBC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Credit Card [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CreditCardMember" xlink:label="loc_bac_CreditCardMember_50FB42ECCBAA066E69B3BFE2EF43FCBC" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CreditCardMember_50FB42ECCBAA066E69B3BFE2EF43FCBC" xlink:to="lab_bac_CreditCardMember_50FB42ECCBAA066E69B3BFE2EF43FCBC" xlink:type="arc"/>
<link:label id="lab_us-gaap_AutomobilesMember_44B6EAC82261929D4E06BFE4E3A4AB7C_label_en-US" xlink:label="lab_us-gaap_AutomobilesMember_44B6EAC82261929D4E06BFE4E3A4AB7C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Automobiles [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AutomobilesMember" xlink:label="loc_us-gaap_AutomobilesMember_44B6EAC82261929D4E06BFE4E3A4AB7C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AutomobilesMember_44B6EAC82261929D4E06BFE4E3A4AB7C" xlink:to="lab_us-gaap_AutomobilesMember_44B6EAC82261929D4E06BFE4E3A4AB7C" xlink:type="arc"/>
<link:label id="lab_us-gaap_JuniorSubordinatedDebtMember_C8E611A334BA56B7FC649A4A3C377107_terseLabel_en-US" xlink:label="lab_us-gaap_JuniorSubordinatedDebtMember_C8E611A334BA56B7FC649A4A3C377107" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Junior Subordinated Debt [Member] </link:label>
<link:label id="lab_us-gaap_JuniorSubordinatedDebtMember_C8E611A334BA56B7FC649A4A3C377107_label_en-US" xlink:label="lab_us-gaap_JuniorSubordinatedDebtMember_C8E611A334BA56B7FC649A4A3C377107" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Junior Subordinated Debt [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_JuniorSubordinatedDebtMember" xlink:label="loc_us-gaap_JuniorSubordinatedDebtMember_C8E611A334BA56B7FC649A4A3C377107" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_JuniorSubordinatedDebtMember_C8E611A334BA56B7FC649A4A3C377107" xlink:to="lab_us-gaap_JuniorSubordinatedDebtMember_C8E611A334BA56B7FC649A4A3C377107" xlink:type="arc"/>
<link:label id="lab_bac_HitsMember_DB63544A1BFD07C167B69A4F595A3D28_terseLabel_en-US" xlink:label="lab_bac_HitsMember_DB63544A1BFD07C167B69A4F595A3D28" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> HITS [Member] </link:label>
<link:label id="lab_bac_HitsMember_DB63544A1BFD07C167B69A4F595A3D28_label_en-US" xlink:label="lab_bac_HitsMember_DB63544A1BFD07C167B69A4F595A3D28" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> HITS [Member] </link:label>
<link:label id="lab_bac_HitsMember_DB63544A1BFD07C167B69A4F595A3D28_documentation_en-US" xlink:label="lab_bac_HitsMember_DB63544A1BFD07C167B69A4F595A3D28" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> HITS [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_HitsMember" xlink:label="loc_bac_HitsMember_DB63544A1BFD07C167B69A4F595A3D28" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_HitsMember_DB63544A1BFD07C167B69A4F595A3D28" xlink:to="lab_bac_HitsMember_DB63544A1BFD07C167B69A4F595A3D28" xlink:type="arc"/>
<link:label id="lab_us-gaap_SubordinatedDebtMember_FB25870DCECDBA0181BD9904032DEB7D_terseLabel_en-US" xlink:label="lab_us-gaap_SubordinatedDebtMember_FB25870DCECDBA0181BD9904032DEB7D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Subordinated Debt [Member] </link:label>
<link:label id="lab_us-gaap_SubordinatedDebtMember_FB25870DCECDBA0181BD9904032DEB7D_label_en-US" xlink:label="lab_us-gaap_SubordinatedDebtMember_FB25870DCECDBA0181BD9904032DEB7D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Subordinated Debt [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_SubordinatedDebtMember" xlink:label="loc_us-gaap_SubordinatedDebtMember_FB25870DCECDBA0181BD9904032DEB7D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SubordinatedDebtMember_FB25870DCECDBA0181BD9904032DEB7D" xlink:to="lab_us-gaap_SubordinatedDebtMember_FB25870DCECDBA0181BD9904032DEB7D" xlink:type="arc"/>
<link:label id="lab_bac_JuniorSubordinatedDebtDue2036Member_A64018F8256F51BB67F4C06522E7569D_label_en-US" xlink:label="lab_bac_JuniorSubordinatedDebtDue2036Member_A64018F8256F51BB67F4C06522E7569D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Junior Subordinated Debt Due 2036 [Member] </link:label>
<link:label id="lab_bac_JuniorSubordinatedDebtDue2036Member_A64018F8256F51BB67F4C06522E7569D_documentation_en-US" xlink:label="lab_bac_JuniorSubordinatedDebtDue2036Member_A64018F8256F51BB67F4C06522E7569D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Junior Subordinated Debt Due 2036 [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_JuniorSubordinatedDebtDue2036Member" xlink:label="loc_bac_JuniorSubordinatedDebtDue2036Member_A64018F8256F51BB67F4C06522E7569D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_JuniorSubordinatedDebtDue2036Member_A64018F8256F51BB67F4C06522E7569D" xlink:to="lab_bac_JuniorSubordinatedDebtDue2036Member_A64018F8256F51BB67F4C06522E7569D" xlink:type="arc"/>
<link:label id="lab_bac_JuniorSubordinatedDebtDue2035Member_D36124D335C7AE6A6023C0698049D849_label_en-US" xlink:label="lab_bac_JuniorSubordinatedDebtDue2035Member_D36124D335C7AE6A6023C0698049D849" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Junior Subordinated Debt Due 2035 [Member] </link:label>
<link:label id="lab_bac_JuniorSubordinatedDebtDue2035Member_D36124D335C7AE6A6023C0698049D849_documentation_en-US" xlink:label="lab_bac_JuniorSubordinatedDebtDue2035Member_D36124D335C7AE6A6023C0698049D849" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Junior Subordinated Debt Due 2035 [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_JuniorSubordinatedDebtDue2035Member" xlink:label="loc_bac_JuniorSubordinatedDebtDue2035Member_D36124D335C7AE6A6023C0698049D849" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_JuniorSubordinatedDebtDue2035Member_D36124D335C7AE6A6023C0698049D849" xlink:to="lab_bac_JuniorSubordinatedDebtDue2035Member_D36124D335C7AE6A6023C0698049D849" xlink:type="arc"/>
<link:label id="lab_bac_ForeignCurrencyDenominatedDebtTranslatedIntoUsDollars_A8EBEF266701EAD2ADCDBFEE070926EB_terseLabel_en-US" xlink:label="lab_bac_ForeignCurrencyDenominatedDebtTranslatedIntoUsDollars_A8EBEF266701EAD2ADCDBFEE070926EB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Foreign Currency Denominated Debt Translated Into US Dollars </link:label>
<link:label id="lab_bac_ForeignCurrencyDenominatedDebtTranslatedIntoUsDollars_A8EBEF266701EAD2ADCDBFEE070926EB_label_en-US" xlink:label="lab_bac_ForeignCurrencyDenominatedDebtTranslatedIntoUsDollars_A8EBEF266701EAD2ADCDBFEE070926EB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Foreign Currency Denominated Debt Translated Into US Dollars </link:label>
<link:label id="lab_bac_ForeignCurrencyDenominatedDebtTranslatedIntoUsDollars_A8EBEF266701EAD2ADCDBFEE070926EB_documentation_en-US" xlink:label="lab_bac_ForeignCurrencyDenominatedDebtTranslatedIntoUsDollars_A8EBEF266701EAD2ADCDBFEE070926EB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Amount of foreign currency-denominated debt translated into U.S. dollars included in total long-term debt. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ForeignCurrencyDenominatedDebtTranslatedIntoUsDollars" xlink:label="loc_bac_ForeignCurrencyDenominatedDebtTranslatedIntoUsDollars_A8EBEF266701EAD2ADCDBFEE070926EB" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ForeignCurrencyDenominatedDebtTranslatedIntoUsDollars_A8EBEF266701EAD2ADCDBFEE070926EB" xlink:to="lab_bac_ForeignCurrencyDenominatedDebtTranslatedIntoUsDollars_A8EBEF266701EAD2ADCDBFEE070926EB" xlink:type="arc"/>
<link:label id="lab_bac_LongTermDebtOfConsolidatedVariableInterestEntities_A6C55F23D2A3B3F4D249BFE01D121C93_terseLabel_en-US" xlink:label="lab_bac_LongTermDebtOfConsolidatedVariableInterestEntities_A6C55F23D2A3B3F4D249BFE01D121C93" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Long Term Debt Of Consolidated Variable Interest Entities </link:label>
<link:label id="lab_bac_LongTermDebtOfConsolidatedVariableInterestEntities_A6C55F23D2A3B3F4D249BFE01D121C93_label_en-US" xlink:label="lab_bac_LongTermDebtOfConsolidatedVariableInterestEntities_A6C55F23D2A3B3F4D249BFE01D121C93" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Long Term Debt Of Consolidated Variable Interest Entities </link:label>
<link:label id="lab_bac_LongTermDebtOfConsolidatedVariableInterestEntities_A6C55F23D2A3B3F4D249BFE01D121C93_documentation_en-US" xlink:label="lab_bac_LongTermDebtOfConsolidatedVariableInterestEntities_A6C55F23D2A3B3F4D249BFE01D121C93" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Long Term Debt Of Consolidated Variable Interest Entities </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_LongTermDebtOfConsolidatedVariableInterestEntities" xlink:label="loc_bac_LongTermDebtOfConsolidatedVariableInterestEntities_A6C55F23D2A3B3F4D249BFE01D121C93" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_LongTermDebtOfConsolidatedVariableInterestEntities_A6C55F23D2A3B3F4D249BFE01D121C93" xlink:to="lab_bac_LongTermDebtOfConsolidatedVariableInterestEntities_A6C55F23D2A3B3F4D249BFE01D121C93" xlink:type="arc"/>
<link:label id="lab_bac_MaximumAuthorizedDebtForFurtherIssuance_562617522952EC7290A5BFF0A3BD7F02_terseLabel_en-US" xlink:label="lab_bac_MaximumAuthorizedDebtForFurtherIssuance_562617522952EC7290A5BFF0A3BD7F02" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Maximum Authorized Debt For Further Issuance </link:label>
<link:label id="lab_bac_MaximumAuthorizedDebtForFurtherIssuance_562617522952EC7290A5BFF0A3BD7F02_label_en-US" xlink:label="lab_bac_MaximumAuthorizedDebtForFurtherIssuance_562617522952EC7290A5BFF0A3BD7F02" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Maximum Authorized Debt For Further Issuance </link:label>
<link:label id="lab_bac_MaximumAuthorizedDebtForFurtherIssuance_562617522952EC7290A5BFF0A3BD7F02_documentation_en-US" xlink:label="lab_bac_MaximumAuthorizedDebtForFurtherIssuance_562617522952EC7290A5BFF0A3BD7F02" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Maximum Authorized Debt For Further Issuance </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_MaximumAuthorizedDebtForFurtherIssuance" xlink:label="loc_bac_MaximumAuthorizedDebtForFurtherIssuance_562617522952EC7290A5BFF0A3BD7F02" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_MaximumAuthorizedDebtForFurtherIssuance_562617522952EC7290A5BFF0A3BD7F02" xlink:to="lab_bac_MaximumAuthorizedDebtForFurtherIssuance_562617522952EC7290A5BFF0A3BD7F02" xlink:type="arc"/>
<link:label id="lab_bac_MaximumAuthorizedBankNotesForFurtherIssuance_F75FCCF739273448A14FBFF3409760E4_terseLabel_en-US" xlink:label="lab_bac_MaximumAuthorizedBankNotesForFurtherIssuance_F75FCCF739273448A14FBFF3409760E4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Maximum Authorized Bank Notes For Further Issuance </link:label>
<link:label id="lab_bac_MaximumAuthorizedBankNotesForFurtherIssuance_F75FCCF739273448A14FBFF3409760E4_label_en-US" xlink:label="lab_bac_MaximumAuthorizedBankNotesForFurtherIssuance_F75FCCF739273448A14FBFF3409760E4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Maximum Authorized Bank Notes For Further Issuance </link:label>
<link:label id="lab_bac_MaximumAuthorizedBankNotesForFurtherIssuance_F75FCCF739273448A14FBFF3409760E4_documentation_en-US" xlink:label="lab_bac_MaximumAuthorizedBankNotesForFurtherIssuance_F75FCCF739273448A14FBFF3409760E4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Maximum Authorized Bank Notes For Further Issuance </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_MaximumAuthorizedBankNotesForFurtherIssuance" xlink:label="loc_bac_MaximumAuthorizedBankNotesForFurtherIssuance_F75FCCF739273448A14FBFF3409760E4" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_MaximumAuthorizedBankNotesForFurtherIssuance_F75FCCF739273448A14FBFF3409760E4" xlink:to="lab_bac_MaximumAuthorizedBankNotesForFurtherIssuance_F75FCCF739273448A14FBFF3409760E4" xlink:type="arc"/>
<link:label id="lab_us-gaap_NotesPayableToBank_A30F64004942A1F0F505BFF99172A342_terseLabel_en-US" xlink:label="lab_us-gaap_NotesPayableToBank_A30F64004942A1F0F505BFF99172A342" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Notes Payable to Bank </link:label>
<link:label id="lab_us-gaap_NotesPayableToBank_A30F64004942A1F0F505BFF99172A342_label_en-US" xlink:label="lab_us-gaap_NotesPayableToBank_A30F64004942A1F0F505BFF99172A342" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Notes Payable to Bank </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_NotesPayableToBank" xlink:label="loc_us-gaap_NotesPayableToBank_A30F64004942A1F0F505BFF99172A342" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NotesPayableToBank_A30F64004942A1F0F505BFF99172A342" xlink:to="lab_us-gaap_NotesPayableToBank_A30F64004942A1F0F505BFF99172A342" xlink:type="arc"/>
<link:label id="lab_bac_MaximumAuthorizedMortgageNotesForFurtherIssuance_3A07446C8665334C7080BFFDB6B4BFD0_terseLabel_en-US" xlink:label="lab_bac_MaximumAuthorizedMortgageNotesForFurtherIssuance_3A07446C8665334C7080BFFDB6B4BFD0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Maximum Authorized Mortgage Notes For Further Issuance </link:label>
<link:label id="lab_bac_MaximumAuthorizedMortgageNotesForFurtherIssuance_3A07446C8665334C7080BFFDB6B4BFD0_label_en-US" xlink:label="lab_bac_MaximumAuthorizedMortgageNotesForFurtherIssuance_3A07446C8665334C7080BFFDB6B4BFD0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Maximum Authorized Mortgage Notes For Further Issuance </link:label>
<link:label id="lab_bac_MaximumAuthorizedMortgageNotesForFurtherIssuance_3A07446C8665334C7080BFFDB6B4BFD0_documentation_en-US" xlink:label="lab_bac_MaximumAuthorizedMortgageNotesForFurtherIssuance_3A07446C8665334C7080BFFDB6B4BFD0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Maximum Authorized Mortgage Notes For Further Issuance </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_MaximumAuthorizedMortgageNotesForFurtherIssuance" xlink:label="loc_bac_MaximumAuthorizedMortgageNotesForFurtherIssuance_3A07446C8665334C7080BFFDB6B4BFD0" xlink:type="locator"/>
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<link:label id="lab_bac_NameOfMortgageBondProgram_6F05B918DD2904097E27BFFFE0A64FBC_terseLabel_en-US" xlink:label="lab_bac_NameOfMortgageBondProgram_6F05B918DD2904097E27BFFFE0A64FBC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Name Of Mortgage Bond Program </link:label>
<link:label id="lab_bac_NameOfMortgageBondProgram_6F05B918DD2904097E27BFFFE0A64FBC_label_en-US" xlink:label="lab_bac_NameOfMortgageBondProgram_6F05B918DD2904097E27BFFFE0A64FBC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Name Of Mortgage Bond Program </link:label>
<link:label id="lab_bac_NameOfMortgageBondProgram_6F05B918DD2904097E27BFFFE0A64FBC_documentation_en-US" xlink:label="lab_bac_NameOfMortgageBondProgram_6F05B918DD2904097E27BFFFE0A64FBC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Name Of Mortgage Bond Program </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_NameOfMortgageBondProgram" xlink:label="loc_bac_NameOfMortgageBondProgram_6F05B918DD2904097E27BFFFE0A64FBC" xlink:type="locator"/>
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<link:label id="lab_bac_WeightedAverageEffectiveInterestRatesForTotalLongTermDebtExcludingStructuredNotes_50BB38199E4963A91DDFC00B1344F958_terseLabel_en-US" xlink:label="lab_bac_WeightedAverageEffectiveInterestRatesForTotalLongTermDebtExcludingStructuredNotes_50BB38199E4963A91DDFC00B1344F958" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Weighted Average Effective Interest Rates For Total Long Term Debt Excluding Structured Notes </link:label>
<link:label id="lab_bac_WeightedAverageEffectiveInterestRatesForTotalLongTermDebtExcludingStructuredNotes_50BB38199E4963A91DDFC00B1344F958_label_en-US" xlink:label="lab_bac_WeightedAverageEffectiveInterestRatesForTotalLongTermDebtExcludingStructuredNotes_50BB38199E4963A91DDFC00B1344F958" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Weighted Average Effective Interest Rates For Total Long Term Debt Excluding Structured Notes </link:label>
<link:label id="lab_bac_WeightedAverageEffectiveInterestRatesForTotalLongTermDebtExcludingStructuredNotes_50BB38199E4963A91DDFC00B1344F958_documentation_en-US" xlink:label="lab_bac_WeightedAverageEffectiveInterestRatesForTotalLongTermDebtExcludingStructuredNotes_50BB38199E4963A91DDFC00B1344F958" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents weighted average effective interest rates for total long-term debt excluding structured notes. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_WeightedAverageEffectiveInterestRatesForTotalLongTermDebtExcludingStructuredNotes" xlink:label="loc_bac_WeightedAverageEffectiveInterestRatesForTotalLongTermDebtExcludingStructuredNotes_50BB38199E4963A91DDFC00B1344F958" xlink:type="locator"/>
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<link:label id="lab_bac_WeightedAverageEffectiveInterestRatesForTotalFixedRateDebt_D0C6FFE03560272350B5C00F30DF88B9_terseLabel_en-US" xlink:label="lab_bac_WeightedAverageEffectiveInterestRatesForTotalFixedRateDebt_D0C6FFE03560272350B5C00F30DF88B9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Weighted Average Effective Interest Rates For Total Fixed Rate Debt </link:label>
<link:label id="lab_bac_WeightedAverageEffectiveInterestRatesForTotalFixedRateDebt_D0C6FFE03560272350B5C00F30DF88B9_label_en-US" xlink:label="lab_bac_WeightedAverageEffectiveInterestRatesForTotalFixedRateDebt_D0C6FFE03560272350B5C00F30DF88B9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Weighted Average Effective Interest Rates For Total Fixed Rate Debt </link:label>
<link:label id="lab_bac_WeightedAverageEffectiveInterestRatesForTotalFixedRateDebt_D0C6FFE03560272350B5C00F30DF88B9_documentation_en-US" xlink:label="lab_bac_WeightedAverageEffectiveInterestRatesForTotalFixedRateDebt_D0C6FFE03560272350B5C00F30DF88B9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Weighted Average Effective Interest Rates For Total Fixed Rate Debt </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_WeightedAverageEffectiveInterestRatesForTotalFixedRateDebt" xlink:label="loc_bac_WeightedAverageEffectiveInterestRatesForTotalFixedRateDebt_D0C6FFE03560272350B5C00F30DF88B9" xlink:type="locator"/>
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<link:label id="lab_bac_WeightedAverageEffectiveInterestRatesForTotalFloatingRateDebt_EA504B86C7D81ECF400EC011B0732372_terseLabel_en-US" xlink:label="lab_bac_WeightedAverageEffectiveInterestRatesForTotalFloatingRateDebt_EA504B86C7D81ECF400EC011B0732372" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Weighted Average Effective Interest Rates For Total Floating Rate Debt </link:label>
<link:label id="lab_bac_WeightedAverageEffectiveInterestRatesForTotalFloatingRateDebt_EA504B86C7D81ECF400EC011B0732372_label_en-US" xlink:label="lab_bac_WeightedAverageEffectiveInterestRatesForTotalFloatingRateDebt_EA504B86C7D81ECF400EC011B0732372" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Weighted Average Effective Interest Rates For Total Floating Rate Debt </link:label>
<link:label id="lab_bac_WeightedAverageEffectiveInterestRatesForTotalFloatingRateDebt_EA504B86C7D81ECF400EC011B0732372_documentation_en-US" xlink:label="lab_bac_WeightedAverageEffectiveInterestRatesForTotalFloatingRateDebt_EA504B86C7D81ECF400EC011B0732372" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Weighted average effective interest rates for total floating rate debt. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_WeightedAverageEffectiveInterestRatesForTotalFloatingRateDebt" xlink:label="loc_bac_WeightedAverageEffectiveInterestRatesForTotalFloatingRateDebt_EA504B86C7D81ECF400EC011B0732372" xlink:type="locator"/>
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<link:label id="lab_bac_LongTermDebtNotAssumedOrGuaranteedByCorporation_6542E4788E30D6F4D2EDC01ED95A737F_terseLabel_en-US" xlink:label="lab_bac_LongTermDebtNotAssumedOrGuaranteedByCorporation_6542E4788E30D6F4D2EDC01ED95A737F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Long Term Debt Not Assumed Or Guaranteed By Corporation </link:label>
<link:label id="lab_bac_LongTermDebtNotAssumedOrGuaranteedByCorporation_6542E4788E30D6F4D2EDC01ED95A737F_label_en-US" xlink:label="lab_bac_LongTermDebtNotAssumedOrGuaranteedByCorporation_6542E4788E30D6F4D2EDC01ED95A737F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Long Term Debt Not Assumed Or Guaranteed By Corporation </link:label>
<link:label id="lab_bac_LongTermDebtNotAssumedOrGuaranteedByCorporation_6542E4788E30D6F4D2EDC01ED95A737F_documentation_en-US" xlink:label="lab_bac_LongTermDebtNotAssumedOrGuaranteedByCorporation_6542E4788E30D6F4D2EDC01ED95A737F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents long-term debt the Corporation has not assumed or guaranteed that was issued or guaranteed by MerrillLynch & Co., Inc.or its subsidiaries prior to the acquisition of MerrillLynch by the Corporation. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_LongTermDebtNotAssumedOrGuaranteedByCorporation" xlink:label="loc_bac_LongTermDebtNotAssumedOrGuaranteedByCorporation_6542E4788E30D6F4D2EDC01ED95A737F" xlink:type="locator"/>
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<link:label id="lab_bac_HybridIncomeTermSecuritiesIssued_022DD938D1B36F882F6AC05081D2AB05_terseLabel_en-US" xlink:label="lab_bac_HybridIncomeTermSecuritiesIssued_022DD938D1B36F882F6AC05081D2AB05" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Hybrid Income Term Securities Issued </link:label>
<link:label id="lab_bac_HybridIncomeTermSecuritiesIssued_022DD938D1B36F882F6AC05081D2AB05_label_en-US" xlink:label="lab_bac_HybridIncomeTermSecuritiesIssued_022DD938D1B36F882F6AC05081D2AB05" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Hybrid Income Term Securities Issued </link:label>
<link:label id="lab_bac_HybridIncomeTermSecuritiesIssued_022DD938D1B36F882F6AC05081D2AB05_documentation_en-US" xlink:label="lab_bac_HybridIncomeTermSecuritiesIssued_022DD938D1B36F882F6AC05081D2AB05" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Hybrid Income Term Securities, issued by the Trusts to institutional investors. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_HybridIncomeTermSecuritiesIssued" xlink:label="loc_bac_HybridIncomeTermSecuritiesIssued_022DD938D1B36F882F6AC05081D2AB05" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DebtInstrumentInterestRateStatedPercentage_8058CEBA9A4EA59C05B1C059F799C799_verboseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentInterestRateStatedPercentage_8058CEBA9A4EA59C05B1C059F799C799" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Per Annum Interest Rate of the Notes </link:label>
<link:label id="lab_us-gaap_DebtInstrumentInterestRateStatedPercentage_8058CEBA9A4EA59C05B1C059F799C799_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentInterestRateStatedPercentage_8058CEBA9A4EA59C05B1C059F799C799" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Debt Instrument, Interest Rate, Stated Percentage </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DebtInstrumentInterestRateStatedPercentage" xlink:label="loc_us-gaap_DebtInstrumentInterestRateStatedPercentage_8058CEBA9A4EA59C05B1C059F799C799" xlink:type="locator"/>
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<link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesNewIssues_396D39A29CB196D81FC79A418E6C85E1_terseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesNewIssues_396D39A29CB196D81FC79A418E6C85E1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Issuance of common stock, shares </link:label>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesNewIssues" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesNewIssues_396D39A29CB196D81FC79A418E6C85E1" xlink:type="locator"/>
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<link:label id="lab_us-gaap_StockIssuedDuringPeriodValueNewIssues_12CE50E1352EF20B92119A44CF35C3FF_terseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueNewIssues_12CE50E1352EF20B92119A44CF35C3FF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Issuance of common stock </link:label>
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<link:label id="lab_us-gaap_ProceedsFromIssuanceOfSeniorLongTermDebt_7F35F31D97FD014AE83C9A46F82785A3_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfSeniorLongTermDebt_7F35F31D97FD014AE83C9A46F82785A3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Proceeds from Issuance of Senior Long-term Debt </link:label>
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<link:label id="lab_us-gaap_ExtinguishmentOfDebtAmount_14B6C03F685FE1091A3F9A4806FE32D6_terseLabel_en-US" xlink:label="lab_us-gaap_ExtinguishmentOfDebtAmount_14B6C03F685FE1091A3F9A4806FE32D6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Extinguishment of Debt, Amount </link:label>
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<link:label id="lab_us-gaap_GainsLossesOnExtinguishmentOfDebt_769B4227D6EB7307537F9A4AB8DAFE34_terseLabel_en-US" xlink:label="lab_us-gaap_GainsLossesOnExtinguishmentOfDebt_769B4227D6EB7307537F9A4AB8DAFE34" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Gains (Losses) on Extinguishment of Debt </link:label>
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<link:label id="lab_bac_AdjustmentToAdditionalPaidInCapitalNegotiatedExchanges_E7956B3226D2FFBFC4749A544CDDD7F1_terseLabel_en-US" xlink:label="lab_bac_AdjustmentToAdditionalPaidInCapitalNegotiatedExchanges_E7956B3226D2FFBFC4749A544CDDD7F1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Adjustment to Additional Paid in Capital Negotiated Exchanges </link:label>
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<link:label id="lab_bac_SecuritizationsAndOtherVariableInterestEntitiesDisclosureTextBlock_F0BFEF79C6E67E431F43C0C99D9B7E01_terseLabel_en-US" xlink:label="lab_bac_SecuritizationsAndOtherVariableInterestEntitiesDisclosureTextBlock_F0BFEF79C6E67E431F43C0C99D9B7E01" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Securitizations And Other Variable Interest Entities Disclosure [Text Block] </link:label>
<link:label id="lab_bac_SecuritizationsAndOtherVariableInterestEntitiesDisclosureTextBlock_F0BFEF79C6E67E431F43C0C99D9B7E01_label_en-US" xlink:label="lab_bac_SecuritizationsAndOtherVariableInterestEntitiesDisclosureTextBlock_F0BFEF79C6E67E431F43C0C99D9B7E01" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securitizations And Other Variable Interest Entities Disclosure [Text Block] </link:label>
<link:label id="lab_bac_SecuritizationsAndOtherVariableInterestEntitiesDisclosureTextBlock_F0BFEF79C6E67E431F43C0C99D9B7E01_documentation_en-US" xlink:label="lab_bac_SecuritizationsAndOtherVariableInterestEntitiesDisclosureTextBlock_F0BFEF79C6E67E431F43C0C99D9B7E01" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> The entire disclosure of securitizations and other variable interest entities. </link:label>
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<link:label id="lab_us-gaap_ScheduleOfRestructuringAndRelatedCostsTable_6D3EDB56DD2E1285FC2D556E61C66F6A_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfRestructuringAndRelatedCostsTable_6D3EDB56DD2E1285FC2D556E61C66F6A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Restructuring and Related Costs [Table] </link:label>
<link:label id="lab_us-gaap_ScheduleOfRestructuringAndRelatedCostsTable_6D3EDB56DD2E1285FC2D556E61C66F6A_label_en-US" xlink:label="lab_us-gaap_ScheduleOfRestructuringAndRelatedCostsTable_6D3EDB56DD2E1285FC2D556E61C66F6A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Restructuring and Related Costs [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ScheduleOfRestructuringAndRelatedCostsTable" xlink:label="loc_us-gaap_ScheduleOfRestructuringAndRelatedCostsTable_6D3EDB56DD2E1285FC2D556E61C66F6A" xlink:type="locator"/>
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<link:label id="lab_us-gaap_BusinessAcquisitionAxis_4140C337D84098F1C5EB556E61C79CC0_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionAxis_4140C337D84098F1C5EB556E61C79CC0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Business Acquisition [Axis] </link:label>
<link:label id="lab_us-gaap_BusinessAcquisitionAxis_4140C337D84098F1C5EB556E61C79CC0_label_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionAxis_4140C337D84098F1C5EB556E61C79CC0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Business Acquisition [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_BusinessAcquisitionAxis" xlink:label="loc_us-gaap_BusinessAcquisitionAxis_4140C337D84098F1C5EB556E61C79CC0" xlink:type="locator"/>
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<link:label id="lab_us-gaap_BusinessAcquisitionAcquireeDomain_DFE0A5965FBAC61F33D6556E61C7B510_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionAcquireeDomain_DFE0A5965FBAC61F33D6556E61C7B510" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Business Acquisition, Acquiree [Domain] </link:label>
<link:label id="lab_us-gaap_BusinessAcquisitionAcquireeDomain_DFE0A5965FBAC61F33D6556E61C7B510_label_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionAcquireeDomain_DFE0A5965FBAC61F33D6556E61C7B510" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Business Acquisition, Acquiree [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_BusinessAcquisitionAcquireeDomain" xlink:label="loc_us-gaap_BusinessAcquisitionAcquireeDomain_DFE0A5965FBAC61F33D6556E61C7B510" xlink:type="locator"/>
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<link:label id="lab_bac_SeriesOfIndividuallyImmaterialBusinessAcquisitionsFromPriorPeriodsMember_31FA4B60DE9424AE2B7055736BDB421C_label_en-US" xlink:label="lab_bac_SeriesOfIndividuallyImmaterialBusinessAcquisitionsFromPriorPeriodsMember_31FA4B60DE9424AE2B7055736BDB421C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Series Of Individually Immaterial Business Acquisitions From Prior Periods [Member] </link:label>
<link:label id="lab_bac_SeriesOfIndividuallyImmaterialBusinessAcquisitionsFromPriorPeriodsMember_31FA4B60DE9424AE2B7055736BDB421C_documentation_en-US" xlink:label="lab_bac_SeriesOfIndividuallyImmaterialBusinessAcquisitionsFromPriorPeriodsMember_31FA4B60DE9424AE2B7055736BDB421C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Series Of Individually Immaterial Business Acquisitions From Prior Periods [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_SeriesOfIndividuallyImmaterialBusinessAcquisitionsFromPriorPeriodsMember" xlink:label="loc_bac_SeriesOfIndividuallyImmaterialBusinessAcquisitionsFromPriorPeriodsMember_31FA4B60DE9424AE2B7055736BDB421C" xlink:type="locator"/>
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<link:label id="lab_us-gaap_RestructuringCostAndReserveAxis_56543612DC5AE3202D21556E61CDA5EB_terseLabel_en-US" xlink:label="lab_us-gaap_RestructuringCostAndReserveAxis_56543612DC5AE3202D21556E61CDA5EB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Restructuring Cost and Reserve [Axis] </link:label>
<link:label id="lab_us-gaap_RestructuringCostAndReserveAxis_56543612DC5AE3202D21556E61CDA5EB_label_en-US" xlink:label="lab_us-gaap_RestructuringCostAndReserveAxis_56543612DC5AE3202D21556E61CDA5EB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Restructuring Cost and Reserve [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_RestructuringCostAndReserveAxis" xlink:label="loc_us-gaap_RestructuringCostAndReserveAxis_56543612DC5AE3202D21556E61CDA5EB" xlink:type="locator"/>
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<link:label id="lab_us-gaap_TypeOfRestructuringDomain_72426DB9B48C958575F9556E61CED266_terseLabel_en-US" xlink:label="lab_us-gaap_TypeOfRestructuringDomain_72426DB9B48C958575F9556E61CED266" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Type of Restructuring [Domain] </link:label>
<link:label id="lab_us-gaap_TypeOfRestructuringDomain_72426DB9B48C958575F9556E61CED266_label_en-US" xlink:label="lab_us-gaap_TypeOfRestructuringDomain_72426DB9B48C958575F9556E61CED266" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Type of Restructuring [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_TypeOfRestructuringDomain" xlink:label="loc_us-gaap_TypeOfRestructuringDomain_72426DB9B48C958575F9556E61CED266" xlink:type="locator"/>
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<link:label id="lab_us-gaap_RestructuringCostAndReserveLineItems_DD02C514174FB959EF09556E61D456E5_terseLabel_en-US" xlink:label="lab_us-gaap_RestructuringCostAndReserveLineItems_DD02C514174FB959EF09556E61D456E5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Restructuring Cost and Reserve [Line Items] </link:label>
<link:label id="lab_us-gaap_RestructuringCostAndReserveLineItems_DD02C514174FB959EF09556E61D456E5_label_en-US" xlink:label="lab_us-gaap_RestructuringCostAndReserveLineItems_DD02C514174FB959EF09556E61D456E5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Restructuring Cost and Reserve [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_RestructuringCostAndReserveLineItems" xlink:label="loc_us-gaap_RestructuringCostAndReserveLineItems_DD02C514174FB959EF09556E61D456E5" xlink:type="locator"/>
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<link:label id="lab_us-gaap_SeveranceCosts_51A28CDCBC273CCE31C7556F16947024_terseLabel_en-US" xlink:label="lab_us-gaap_SeveranceCosts_51A28CDCBC273CCE31C7556F16947024" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Severance and employee-related charges </link:label>
<link:label id="lab_us-gaap_SeveranceCosts_51A28CDCBC273CCE31C7556F16947024_label_en-US" xlink:label="lab_us-gaap_SeveranceCosts_51A28CDCBC273CCE31C7556F16947024" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Severance Costs </link:label>
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<link:label id="lab_us-gaap_BusinessCombinationIntegrationRelatedCosts_4BCE8562AFA6DEE82D81556F1742495D_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationIntegrationRelatedCosts_4BCE8562AFA6DEE82D81556F1742495D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Systems integrations and related charges </link:label>
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<link:label id="lab_us-gaap_OtherRestructuringCosts_65247F773201B4DC065A556F17F95154_terseLabel_en-US" xlink:label="lab_us-gaap_OtherRestructuringCosts_65247F773201B4DC065A556F17F95154" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other merger and restructuring charges </link:label>
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<link:label id="lab_bac_MergerAndRestructuringCharges_CA33C9A2318C8FB48A1A556F1889FE90_totalLabel_en-US" xlink:label="lab_bac_MergerAndRestructuringCharges_CA33C9A2318C8FB48A1A556F1889FE90" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total merger and restructuring charges </link:label>
<link:label id="lab_bac_MergerAndRestructuringCharges_CA33C9A2318C8FB48A1A556F1889FE90_label_en-US" xlink:label="lab_bac_MergerAndRestructuringCharges_CA33C9A2318C8FB48A1A556F1889FE90" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Merger And Restructuring Charges </link:label>
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<link:label id="lab_us-gaap_RestructuringReservePeriodExpense_4782B9BE242A083A9A775573667617BF_label_en-US" xlink:label="lab_us-gaap_RestructuringReservePeriodExpense_4782B9BE242A083A9A775573667617BF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Restructuring Reserve, Period Expense </link:label>
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<link:label id="lab_bac_LoanRestructuringsTypeOfModificationsDomain_66858C168F2B2D05901C7BA75E67112D_documentation_en-US" xlink:label="lab_bac_LoanRestructuringsTypeOfModificationsDomain_66858C168F2B2D05901C7BA75E67112D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Loan Restructurings Type of Modifications [Domain] </link:label>
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<link:label id="lab_bac_ContractualInterestRateReductionMember_92E889FCBDDE24FC4AC97B1D2F0A4EC4_label_en-US" xlink:label="lab_bac_ContractualInterestRateReductionMember_92E889FCBDDE24FC4AC97B1D2F0A4EC4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Contractual Interest Rate Reduction [Member] </link:label>
<link:label id="lab_bac_ContractualInterestRateReductionMember_92E889FCBDDE24FC4AC97B1D2F0A4EC4_documentation_en-US" xlink:label="lab_bac_ContractualInterestRateReductionMember_92E889FCBDDE24FC4AC97B1D2F0A4EC4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Contractual Interest Rate Reduction [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ContractualInterestRateReductionMember" xlink:label="loc_bac_ContractualInterestRateReductionMember_92E889FCBDDE24FC4AC97B1D2F0A4EC4" xlink:type="locator"/>
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<link:label id="lab_bac_CapitlizationOfPastDueAmountsMember_FCA72A086C5684B9EC277B20A120D568_label_en-US" xlink:label="lab_bac_CapitlizationOfPastDueAmountsMember_FCA72A086C5684B9EC277B20A120D568" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Capitlization Of Past Due Amounts [Member] </link:label>
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<link:label id="lab_bac_PrincipalInterestForbearanceMember_957319DE39991360516A7B1D42501A43_label_en-US" xlink:label="lab_bac_PrincipalInterestForbearanceMember_957319DE39991360516A7B1D42501A43" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Principal Interest Forbearance [Member] </link:label>
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<link:label id="lab_bac_OtherModificationsMember_B88B2B69C14A0BEA55FB7B1D54DDB8E6_label_en-US" xlink:label="lab_bac_OtherModificationsMember_B88B2B69C14A0BEA55FB7B1D54DDB8E6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Modifications [Member] </link:label>
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<link:label id="lab_bac_LoanRestructuringsModificationsAxis_EAE6F5D1633A2C25274A7B1D2C0B7FAA_label_en-US" xlink:label="lab_bac_LoanRestructuringsModificationsAxis_EAE6F5D1633A2C25274A7B1D2C0B7FAA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loan Restructurings Modifications [Axis] </link:label>
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<link:loc xlink:href="bac-20111231.xsd#bac_LoanRestructuringsModificationsAxis" xlink:label="loc_bac_LoanRestructuringsModificationsAxis_EAE6F5D1633A2C25274A7B1D2C0B7FAA" xlink:type="locator"/>
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<link:loc xlink:href="bac-20111231.xsd#bac_LoanRestructuringsModificationsDomain" xlink:label="loc_bac_LoanRestructuringsModificationsDomain_7EA5C9A14F9F7135B9377BA8149659D8" xlink:type="locator"/>
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<link:label id="lab_bac_GovernmentModificationsMember_283AA44E891083BE3D287B1D2C941F2E_label_en-US" xlink:label="lab_bac_GovernmentModificationsMember_283AA44E891083BE3D287B1D2C941F2E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Government Modifications [Member] </link:label>
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<link:loc xlink:href="bac-20111231.xsd#bac_GovernmentModificationsMember" xlink:label="loc_bac_GovernmentModificationsMember_283AA44E891083BE3D287B1D2C941F2E" xlink:type="locator"/>
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<link:label id="lab_bac_ProprietaryModificationsMember_71FDB31A6DDAED4E50727B2086B38BA0_label_en-US" xlink:label="lab_bac_ProprietaryModificationsMember_71FDB31A6DDAED4E50727B2086B38BA0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Proprietary Modifications [Member] </link:label>
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<link:label id="lab_bac_OtherAdjustmentMember_01C93C66B3087BED7C50FDEB52A7E109_label_en-US" xlink:label="lab_bac_OtherAdjustmentMember_01C93C66B3087BED7C50FDEB52A7E109" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Adjustment [Member] </link:label>
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<link:label id="lab_us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock_0045BB5B8FD4E0DAB680F7B41A244F7D_terseLabel_en-US" xlink:label="lab_us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock_0045BB5B8FD4E0DAB680F7B41A244F7D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Pension and Other Postretirement Benefits Disclosure [Text Block] </link:label>
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<link:label id="lab_us-gaap_ScheduleOfComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsTextBlock_1975D8CA42F2E9DB3010C52DD0D507B0_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsTextBlock_1975D8CA42F2E9DB3010C52DD0D507B0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations [Table Text Block] </link:label>
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<link:label id="lab_us-gaap_DepositLiabilitiesDisclosuresTextBlock_116E795713FDA94AA5CBB579EF374FE2_terseLabel_en-US" xlink:label="lab_us-gaap_DepositLiabilitiesDisclosuresTextBlock_116E795713FDA94AA5CBB579EF374FE2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Deposit Liabilities Disclosures [Text Block] </link:label>
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<link:label id="lab_bac_ScheduleOfPreferredStockAndTrustPreferredSecuritiesTableTextBlock_450468897D0D191113A4F2C0A66BBEB8_terseLabel_en-US" xlink:label="lab_bac_ScheduleOfPreferredStockAndTrustPreferredSecuritiesTableTextBlock_450468897D0D191113A4F2C0A66BBEB8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Preferred Stock and Trust Preferred Securities [Table Text Block] </link:label>
<link:label id="lab_bac_ScheduleOfPreferredStockAndTrustPreferredSecuritiesTableTextBlock_450468897D0D191113A4F2C0A66BBEB8_label_en-US" xlink:label="lab_bac_ScheduleOfPreferredStockAndTrustPreferredSecuritiesTableTextBlock_450468897D0D191113A4F2C0A66BBEB8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Preferred Stock and Trust Preferred Securities [Table Text Block] </link:label>
<link:label id="lab_bac_ScheduleOfPreferredStockAndTrustPreferredSecuritiesTableTextBlock_450468897D0D191113A4F2C0A66BBEB8_documentation_en-US" xlink:label="lab_bac_ScheduleOfPreferredStockAndTrustPreferredSecuritiesTableTextBlock_450468897D0D191113A4F2C0A66BBEB8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Tabular disclosure of each applicable series of Preferred Stock or Trust Preferred Securities and the corresponding aggregate liquidation preference or principal amount. </link:label>
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<link:label id="lab_us-gaap_PreferredStockTextBlock_8F1253DCEE073B96F03EF2B95A79A31D_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockTextBlock_8F1253DCEE073B96F03EF2B95A79A31D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Preferred Stock [Text Block] </link:label>
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<link:label id="lab_us-gaap_OperatingLossCarryforwardsTable_7EC505004EB5CAA1C5C4BA1F10BE9F0D_label_en-US" xlink:label="lab_us-gaap_OperatingLossCarryforwardsTable_7EC505004EB5CAA1C5C4BA1F10BE9F0D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Operating Loss Carryforwards [Table] </link:label>
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<link:label id="lab_us-gaap_IncomeTaxAuthorityAxis_52C765EA0605421782B3BA21C9770786_label_en-US" xlink:label="lab_us-gaap_IncomeTaxAuthorityAxis_52C765EA0605421782B3BA21C9770786" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Income Tax Authority [Axis] </link:label>
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<link:label id="lab_us-gaap_IncomeTaxAuthorityDomain_7CAC65870F8881E0D261BA24BBA5D5CF_label_en-US" xlink:label="lab_us-gaap_IncomeTaxAuthorityDomain_7CAC65870F8881E0D261BA24BBA5D5CF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Income Tax Authority [Domain] </link:label>
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<link:label id="lab_us-gaap_DomesticCountryMember_F05432F111434328C507BA259B877119_label_en-US" xlink:label="lab_us-gaap_DomesticCountryMember_F05432F111434328C507BA259B877119" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Domestic Country [Member] </link:label>
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<link:label id="lab_bac_NetOperatingLossesOtherMember_34063E2958BE6F432F60BA381A5D350E_label_en-US" xlink:label="lab_bac_NetOperatingLossesOtherMember_34063E2958BE6F432F60BA381A5D350E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Net Operating Losses - Other [Member] </link:label>
<link:label id="lab_bac_NetOperatingLossesOtherMember_34063E2958BE6F432F60BA381A5D350E_documentation_en-US" xlink:label="lab_bac_NetOperatingLossesOtherMember_34063E2958BE6F432F60BA381A5D350E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Net Operating Losses - Other [Member] </link:label>
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<link:label id="lab_us-gaap_ForeignCountryMember_0FF4C03514B250C3189BBA365D7369D9_label_en-US" xlink:label="lab_us-gaap_ForeignCountryMember_0FF4C03514B250C3189BBA365D7369D9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Foreign Country [Member] </link:label>
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<link:label id="lab_us-gaap_StateAndLocalJurisdictionMember_529BD82E085A6CBF77D7BA3A5A9ECD13_label_en-US" xlink:label="lab_us-gaap_StateAndLocalJurisdictionMember_529BD82E085A6CBF77D7BA3A5A9ECD13" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> State and Local Jurisdiction [Member] </link:label>
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<link:label id="lab_bac_CapitalLossesMember_3BC9595E7039FCAD941ABA3C9A4EA163_label_en-US" xlink:label="lab_bac_CapitalLossesMember_3BC9595E7039FCAD941ABA3C9A4EA163" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Capital Losses [Member] </link:label>
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<link:label id="lab_bac_AlternativeMinimumTaxCreditsMember_7B10A77B2DF7E04E1B01BA43561B17AC_label_en-US" xlink:label="lab_bac_AlternativeMinimumTaxCreditsMember_7B10A77B2DF7E04E1B01BA43561B17AC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Alternative Minimum Tax Credits [Member] </link:label>
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<link:label id="lab_bac_MarketableSecuritiesTableTextBlock_B95BE2618C5AF445919BBA281FA8AE8B_terseLabel_en-US" xlink:label="lab_bac_MarketableSecuritiesTableTextBlock_B95BE2618C5AF445919BBA281FA8AE8B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Marketable Securities [Table Text Block] </link:label>
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<link:label id="lab_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTableTextBlock_9EAE0757FD7C51A2A6CF3414AFCED374_terseLabel_en-US" xlink:label="lab_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTableTextBlock_9EAE0757FD7C51A2A6CF3414AFCED374" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Corporation Recorded Other-Than-Temporary Impairment Losses on AFS Debt Securities </link:label>
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<link:label id="lab_bac_ScheduleOfOtherThanTemporaryImpairmentCreditLossesInAccumulatedOtherComprehensiveIncomeTableTextBlock_582E6E94B715C7677AA7342165CDFE9F_label_en-US" xlink:label="lab_bac_ScheduleOfOtherThanTemporaryImpairmentCreditLossesInAccumulatedOtherComprehensiveIncomeTableTextBlock_582E6E94B715C7677AA7342165CDFE9F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule Of Other Than Temporary Impairment Credit Losses In Accumulated Other Comprehensive Income [Table Text Block] </link:label>
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<link:label id="lab_bac_ValuationOfNonAgencyResidentialMbsTableTextBlock_6672BE7A9BA0D893FA263426B1232D7D_verboseLabel_en-US" xlink:label="lab_bac_ValuationOfNonAgencyResidentialMbsTableTextBlock_6672BE7A9BA0D893FA263426B1232D7D" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Significant Assumptions Used in the Valuation of Non-Agency Residential MBS </link:label>
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<link:label id="lab_us-gaap_ScheduleOfUnrealizedLossOnInvestmentsTableTextBlock_C546FFC6223563AE4F9B346871DF011F_verboseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfUnrealizedLossOnInvestmentsTableTextBlock_C546FFC6223563AE4F9B346871DF011F" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Current Fair Value and Associated Gross Unrealized Losses on Investments </link:label>
<link:label id="lab_us-gaap_ScheduleOfUnrealizedLossOnInvestmentsTableTextBlock_C546FFC6223563AE4F9B346871DF011F_label_en-US" xlink:label="lab_us-gaap_ScheduleOfUnrealizedLossOnInvestmentsTableTextBlock_C546FFC6223563AE4F9B346871DF011F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Unrealized Loss on Investments [Table Text Block] </link:label>
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<link:label id="lab_bac_AmortizedCostAndFairValueOfCorporationsInvestmentTableTextBlock_3CFE4C5E9E9699CC5F47B697FD4BC59C_terseLabel_en-US" xlink:label="lab_bac_AmortizedCostAndFairValueOfCorporationsInvestmentTableTextBlock_3CFE4C5E9E9699CC5F47B697FD4BC59C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Amortized Cost And Fair Value Of Corporations Investment [Table Text Block] </link:label>
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<link:label id="lab_us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock_5BFA4E8C8BA63EFAB0933486B1F770EB_verboseLabel_en-US" xlink:label="lab_us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock_5BFA4E8C8BA63EFAB0933486B1F770EB" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Expected Maturity Distribution </link:label>
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<link:label id="lab_us-gaap_RealizedGainLossOnInvestmentsTableTextBlock_CC3E794F188553561DF6348A8BC9A362_verboseLabel_en-US" xlink:label="lab_us-gaap_RealizedGainLossOnInvestmentsTableTextBlock_CC3E794F188553561DF6348A8BC9A362" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Components of Realized Gains and Losses on Sales of Debt Securities </link:label>
<link:label id="lab_us-gaap_RealizedGainLossOnInvestmentsTableTextBlock_CC3E794F188553561DF6348A8BC9A362_label_en-US" xlink:label="lab_us-gaap_RealizedGainLossOnInvestmentsTableTextBlock_CC3E794F188553561DF6348A8BC9A362" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Realized Gain (Loss) on Investments [Table Text Block] </link:label>
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<link:label id="lab_us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis_33B4C99A76AD868DDA038607D06199E3_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis_33B4C99A76AD868DDA038607D06199E3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Financing Receivable, Recorded Investment, by Class of Financing Receivable [Axis] </link:label>
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<link:label id="lab_us-gaap_PropertyPlantAndEquipmentByTypeAxis_6ADF0F165F5FE764BE895550E3328DEC_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentByTypeAxis_6ADF0F165F5FE764BE895550E3328DEC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Property, Plant and Equipment by Type [Axis] </link:label>
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<link:label id="lab_us-gaap_PropertyPlantAndEquipmentTypeDomain_4EAE85A6D6E735C7D93D55530745E6B5_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentTypeDomain_4EAE85A6D6E735C7D93D55530745E6B5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Property, Plant and Equipment, Type [Domain] </link:label>
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<link:label id="lab_us-gaap_BuildingMember_F2E871B6BA643CE8208055518197D7EB_label_en-US" xlink:label="lab_us-gaap_BuildingMember_F2E871B6BA643CE8208055518197D7EB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Building [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_BuildingMember" xlink:label="loc_us-gaap_BuildingMember_F2E871B6BA643CE8208055518197D7EB" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BuildingMember_F2E871B6BA643CE8208055518197D7EB" xlink:to="lab_us-gaap_BuildingMember_F2E871B6BA643CE8208055518197D7EB" xlink:type="arc"/>
<link:label id="lab_bac_FurnitureAndEquipmentMember_C4C99B32F00EF09D7A295552BC1F181C_label_en-US" xlink:label="lab_bac_FurnitureAndEquipmentMember_C4C99B32F00EF09D7A295552BC1F181C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Furniture and Equipment [Member] </link:label>
<link:label id="lab_bac_FurnitureAndEquipmentMember_C4C99B32F00EF09D7A295552BC1F181C_documentation_en-US" xlink:label="lab_bac_FurnitureAndEquipmentMember_C4C99B32F00EF09D7A295552BC1F181C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Furniture and Equipment [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_FurnitureAndEquipmentMember" xlink:label="loc_bac_FurnitureAndEquipmentMember_C4C99B32F00EF09D7A295552BC1F181C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_FurnitureAndEquipmentMember_C4C99B32F00EF09D7A295552BC1F181C" xlink:to="lab_bac_FurnitureAndEquipmentMember_C4C99B32F00EF09D7A295552BC1F181C" xlink:type="arc"/>
<link:label id="lab_bac_AccountingPoliciesLineItems_06D8E0C8FFBC5BD8CFBC5553F226DFFB_label_en-US" xlink:label="lab_bac_AccountingPoliciesLineItems_06D8E0C8FFBC5BD8CFBC5553F226DFFB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Accounting Policies [Line Items] </link:label>
<link:label id="lab_bac_AccountingPoliciesLineItems_06D8E0C8FFBC5BD8CFBC5553F226DFFB_documentation_en-US" xlink:label="lab_bac_AccountingPoliciesLineItems_06D8E0C8FFBC5BD8CFBC5553F226DFFB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Accounting Policies [Line Items] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_AccountingPoliciesLineItems" xlink:label="loc_bac_AccountingPoliciesLineItems_06D8E0C8FFBC5BD8CFBC5553F226DFFB" xlink:type="locator"/>
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<link:label id="lab_bac_AccountingPolicyDatesAbstract_3B45316560DDE3FAEF22A9059C67D6B0_terseLabel_en-US" xlink:label="lab_bac_AccountingPolicyDatesAbstract_3B45316560DDE3FAEF22A9059C67D6B0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Accounting Policy Dates [Abstract] </link:label>
<link:label id="lab_bac_AccountingPolicyDatesAbstract_3B45316560DDE3FAEF22A9059C67D6B0_label_en-US" xlink:label="lab_bac_AccountingPolicyDatesAbstract_3B45316560DDE3FAEF22A9059C67D6B0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Accounting Policy Dates [Abstract] </link:label>
<link:label id="lab_bac_AccountingPolicyDatesAbstract_3B45316560DDE3FAEF22A9059C67D6B0_documentation_en-US" xlink:label="lab_bac_AccountingPolicyDatesAbstract_3B45316560DDE3FAEF22A9059C67D6B0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Accounting Policy Dates [Abstract] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_AccountingPolicyDatesAbstract" xlink:label="loc_bac_AccountingPolicyDatesAbstract_3B45316560DDE3FAEF22A9059C67D6B0" xlink:type="locator"/>
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<link:label id="lab_bac_TerminatedCashFlowHedgesMaximumLengthOfTimeOverWhichForecastedTransactionsAreHedged_66FB6F3E7C9E97E19E4FA90637C6A724_terseLabel_en-US" xlink:label="lab_bac_TerminatedCashFlowHedgesMaximumLengthOfTimeOverWhichForecastedTransactionsAreHedged_66FB6F3E7C9E97E19E4FA90637C6A724" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Terminated Cash Flow Hedges, Maximum Length of Time Over Which Forecasted Transactions Are Hedged </link:label>
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<link:label id="lab_bac_TerminatedCashFlowHedgesMaximumLengthOfTimeOverWhichForecastedTransactionsAreHedgedForSubstantialNumber_62B70493EC1A8BE82195A9069B817B5E_terseLabel_en-US" xlink:label="lab_bac_TerminatedCashFlowHedgesMaximumLengthOfTimeOverWhichForecastedTransactionsAreHedgedForSubstantialNumber_62B70493EC1A8BE82195A9069B817B5E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Terminated Cash Flow Hedges, Maximum Length of Time Over Which Forecasted Transactions Are Hedged For Substantial Number </link:label>
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<link:loc xlink:href="bac-20111231.xsd#bac_TerminatedCashFlowHedgesMaximumLengthOfTimeOverWhichForecastedTransactionsAreHedgedForSubstantialNumber" xlink:label="loc_bac_TerminatedCashFlowHedgesMaximumLengthOfTimeOverWhichForecastedTransactionsAreHedgedForSubstantialNumber_62B70493EC1A8BE82195A9069B817B5E" xlink:type="locator"/>
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<link:label id="lab_bac_ForOpenOrFutureCashFlowHedgesMaximumLengthOfTimeOverWhichForecastedTransactionsHedged_E9DB680E83AB25ECB891A906F526E108_terseLabel_en-US" xlink:label="lab_bac_ForOpenOrFutureCashFlowHedgesMaximumLengthOfTimeOverWhichForecastedTransactionsHedged_E9DB680E83AB25ECB891A906F526E108" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> For Open or Future Cash Flow Hedges, Maximum Length of Time over Which Forecasted Transactions Hedged </link:label>
<link:label id="lab_bac_ForOpenOrFutureCashFlowHedgesMaximumLengthOfTimeOverWhichForecastedTransactionsHedged_E9DB680E83AB25ECB891A906F526E108_label_en-US" xlink:label="lab_bac_ForOpenOrFutureCashFlowHedgesMaximumLengthOfTimeOverWhichForecastedTransactionsHedged_E9DB680E83AB25ECB891A906F526E108" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> For Open or Future Cash Flow Hedges, Maximum Length of Time over Which Forecasted Transactions Hedged </link:label>
<link:label id="lab_bac_ForOpenOrFutureCashFlowHedgesMaximumLengthOfTimeOverWhichForecastedTransactionsHedged_E9DB680E83AB25ECB891A906F526E108_documentation_en-US" xlink:label="lab_bac_ForOpenOrFutureCashFlowHedgesMaximumLengthOfTimeOverWhichForecastedTransactionsHedged_E9DB680E83AB25ECB891A906F526E108" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> For Open or Future Cash Flow Hedges, Maximum Length of Time over Which Forecasted Transactions Hedged </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ForOpenOrFutureCashFlowHedgesMaximumLengthOfTimeOverWhichForecastedTransactionsHedged" xlink:label="loc_bac_ForOpenOrFutureCashFlowHedgesMaximumLengthOfTimeOverWhichForecastedTransactionsHedged_E9DB680E83AB25ECB891A906F526E108" xlink:type="locator"/>
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<link:label id="lab_bac_NonBankruptCreditCardLoansAndUnsecuredConsumerLoansChargeOffPeriod_A473D0D1805CA094613CA9074C619F86_terseLabel_en-US" xlink:label="lab_bac_NonBankruptCreditCardLoansAndUnsecuredConsumerLoansChargeOffPeriod_A473D0D1805CA094613CA9074C619F86" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Non-bankrupt Credit Card Loans and Unsecured Consumer Loans Charge Off Period </link:label>
<link:label id="lab_bac_NonBankruptCreditCardLoansAndUnsecuredConsumerLoansChargeOffPeriod_A473D0D1805CA094613CA9074C619F86_label_en-US" xlink:label="lab_bac_NonBankruptCreditCardLoansAndUnsecuredConsumerLoansChargeOffPeriod_A473D0D1805CA094613CA9074C619F86" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Non-bankrupt Credit Card Loans and Unsecured Consumer Loans Charge Off Period </link:label>
<link:label id="lab_bac_NonBankruptCreditCardLoansAndUnsecuredConsumerLoansChargeOffPeriod_A473D0D1805CA094613CA9074C619F86_documentation_en-US" xlink:label="lab_bac_NonBankruptCreditCardLoansAndUnsecuredConsumerLoansChargeOffPeriod_A473D0D1805CA094613CA9074C619F86" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Non-bankrupt Credit Card Loans and Unsecured Consumer Loans Charge Off Period </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_NonBankruptCreditCardLoansAndUnsecuredConsumerLoansChargeOffPeriod" xlink:label="loc_bac_NonBankruptCreditCardLoansAndUnsecuredConsumerLoansChargeOffPeriod_A473D0D1805CA094613CA9074C619F86" xlink:type="locator"/>
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<link:label id="lab_bac_OutstandingBalanceOfRealEstateSecuredLoansChargeOffPeriod_DDD1D686731D5E05D488A907A4B78C19_terseLabel_en-US" xlink:label="lab_bac_OutstandingBalanceOfRealEstateSecuredLoansChargeOffPeriod_DDD1D686731D5E05D488A907A4B78C19" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Outstanding Balance of Real Estate Secured Loans Charge Off Period </link:label>
<link:label id="lab_bac_OutstandingBalanceOfRealEstateSecuredLoansChargeOffPeriod_DDD1D686731D5E05D488A907A4B78C19_label_en-US" xlink:label="lab_bac_OutstandingBalanceOfRealEstateSecuredLoansChargeOffPeriod_DDD1D686731D5E05D488A907A4B78C19" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Outstanding Balance of Real Estate Secured Loans Charge Off Period </link:label>
<link:label id="lab_bac_OutstandingBalanceOfRealEstateSecuredLoansChargeOffPeriod_DDD1D686731D5E05D488A907A4B78C19_documentation_en-US" xlink:label="lab_bac_OutstandingBalanceOfRealEstateSecuredLoansChargeOffPeriod_DDD1D686731D5E05D488A907A4B78C19" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Outstanding Balance of Real Estate Secured Loans Charge Off Period </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_OutstandingBalanceOfRealEstateSecuredLoansChargeOffPeriod" xlink:label="loc_bac_OutstandingBalanceOfRealEstateSecuredLoansChargeOffPeriod_DDD1D686731D5E05D488A907A4B78C19" xlink:type="locator"/>
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<link:label id="lab_bac_PersonalPropertySecuredLoansChargeOffPeriod_A2E7D8CB3D6CF405A843A907F518FE81_terseLabel_en-US" xlink:label="lab_bac_PersonalPropertySecuredLoansChargeOffPeriod_A2E7D8CB3D6CF405A843A907F518FE81" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Personal Property Secured Loans Charge off Period </link:label>
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<link:loc xlink:href="bac-20111231.xsd#bac_PersonalPropertySecuredLoansChargeOffPeriod" xlink:label="loc_bac_PersonalPropertySecuredLoansChargeOffPeriod_A2E7D8CB3D6CF405A843A907F518FE81" xlink:type="locator"/>
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<link:label id="lab_bac_UnsecuredAccountsInBankruptcyIncludingCreditCardsChargeOffPeriod_142CF517CB6CB1FC4A53A908500C5688_terseLabel_en-US" xlink:label="lab_bac_UnsecuredAccountsInBankruptcyIncludingCreditCardsChargeOffPeriod_142CF517CB6CB1FC4A53A908500C5688" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Unsecured Accounts in Bankruptcy Including Credit Cards, Charge off Period </link:label>
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<link:label id="lab_bac_PeriodForSustainedRepaymentPerformance_1C0930D9DDF5B2590927A9093D0CED6A_terseLabel_en-US" xlink:label="lab_bac_PeriodForSustainedRepaymentPerformance_1C0930D9DDF5B2590927A9093D0CED6A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Period for Sustained Repayment Performance </link:label>
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<link:label id="lab_bac_PeriodCommercialLoansAndLeasesPlacedOnNonaccrualStatusAndClassifiedAsNonperforming_E01F2588FB4829381F94A90996C3E28B_terseLabel_en-US" xlink:label="lab_bac_PeriodCommercialLoansAndLeasesPlacedOnNonaccrualStatusAndClassifiedAsNonperforming_E01F2588FB4829381F94A90996C3E28B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Period Commercial Loans and Leases Placed on Nonaccrual Status and Classified as Nonperforming </link:label>
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<link:label id="lab_bac_CommercialLoansAndLeasesModifiedInTroubledDebtRestructuringPlacedOnNonaccrualStatusAndReportedAsNonperforming_7F2707F7231C75C43A8AA909EA336D89_terseLabel_en-US" xlink:label="lab_bac_CommercialLoansAndLeasesModifiedInTroubledDebtRestructuringPlacedOnNonaccrualStatusAndReportedAsNonperforming_7F2707F7231C75C43A8AA909EA336D89" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Commercial Loans and Leases Modified in a Troubled Debt Restructuring Placed on Nonaccrual Status and reported as nonperforming </link:label>
<link:label id="lab_bac_CommercialLoansAndLeasesModifiedInTroubledDebtRestructuringPlacedOnNonaccrualStatusAndReportedAsNonperforming_7F2707F7231C75C43A8AA909EA336D89_label_en-US" xlink:label="lab_bac_CommercialLoansAndLeasesModifiedInTroubledDebtRestructuringPlacedOnNonaccrualStatusAndReportedAsNonperforming_7F2707F7231C75C43A8AA909EA336D89" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Commercial Loans and Leases Modified in a Troubled Debt Restructuring Placed on Nonaccrual Status and reported as nonperforming </link:label>
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<link:label id="lab_bac_PeriodBusinessCardLoansAreChargedOff_5C208E3E0EF4FA0125DDA90A32EE2617_terseLabel_en-US" xlink:label="lab_bac_PeriodBusinessCardLoansAreChargedOff_5C208E3E0EF4FA0125DDA90A32EE2617" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Period Business card loans are charged off </link:label>
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<link:loc xlink:href="bac-20111231.xsd#bac_PeriodBusinessCardLoansAreChargedOff" xlink:label="loc_bac_PeriodBusinessCardLoansAreChargedOff_5C208E3E0EF4FA0125DDA90A32EE2617" xlink:type="locator"/>
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<link:label id="lab_bac_PeriodForReceiptOfNotificationOfBankruptcyFiling_0B0A164FC6092C21565DA90A7D2671A0_terseLabel_en-US" xlink:label="lab_bac_PeriodForReceiptOfNotificationOfBankruptcyFiling_0B0A164FC6092C21565DA90A7D2671A0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Period for receipt of notification of bankruptcy filing </link:label>
<link:label id="lab_bac_PeriodForReceiptOfNotificationOfBankruptcyFiling_0B0A164FC6092C21565DA90A7D2671A0_label_en-US" xlink:label="lab_bac_PeriodForReceiptOfNotificationOfBankruptcyFiling_0B0A164FC6092C21565DA90A7D2671A0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Period for receipt of notification of bankruptcy filing </link:label>
<link:label id="lab_bac_PeriodForReceiptOfNotificationOfBankruptcyFiling_0B0A164FC6092C21565DA90A7D2671A0_documentation_en-US" xlink:label="lab_bac_PeriodForReceiptOfNotificationOfBankruptcyFiling_0B0A164FC6092C21565DA90A7D2671A0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Period for receipt of notification of bankruptcy filing </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PeriodForReceiptOfNotificationOfBankruptcyFiling" xlink:label="loc_bac_PeriodForReceiptOfNotificationOfBankruptcyFiling_0B0A164FC6092C21565DA90A7D2671A0" xlink:type="locator"/>
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<link:label id="lab_us-gaap_PropertyPlantAndEquipmentEstimatedUsefulLives_9A349A976BA237A3049FA90AC621F19C_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentEstimatedUsefulLives_9A349A976BA237A3049FA90AC621F19C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Property, Plant and Equipment, Estimated Useful Lives </link:label>
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<link:label id="lab_bac_PeriodUncollectedFeesAreWrittenOffForCardReceivables_297AD3E9D750850172A1A90B60D3D587_terseLabel_en-US" xlink:label="lab_bac_PeriodUncollectedFeesAreWrittenOffForCardReceivables_297AD3E9D750850172A1A90B60D3D587" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Period Uncollected fees are Written off for Card Receivables </link:label>
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<link:label id="lab_bac_PriorPeriodReclassifcationFromSalesOfAgencyMortgageBackedSecuritiesToSecuredBorrowings_EDCECF85EAC5E7F1E7A0554217D98808_terseLabel_en-US" xlink:label="lab_bac_PriorPeriodReclassifcationFromSalesOfAgencyMortgageBackedSecuritiesToSecuredBorrowings_EDCECF85EAC5E7F1E7A0554217D98808" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Prior Period Reclassifcation From Sales Of Agency Mortgage Backed Securities To Secured Borrowings </link:label>
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<link:label id="lab_us-gaap_SecuritiesHeldAsCollateralAtFairValue_046CD59C8DB999028DF6554A2E33F178_terseLabel_en-US" xlink:label="lab_us-gaap_SecuritiesHeldAsCollateralAtFairValue_046CD59C8DB999028DF6554A2E33F178" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Securities Held as Collateral, at Fair Value </link:label>
<link:label id="lab_us-gaap_SecuritiesHeldAsCollateralAtFairValue_046CD59C8DB999028DF6554A2E33F178_label_en-US" xlink:label="lab_us-gaap_SecuritiesHeldAsCollateralAtFairValue_046CD59C8DB999028DF6554A2E33F178" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities Held as Collateral, at Fair Value </link:label>
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<link:label id="lab_bac_PriorPeriodReclassifcationFromSalesOfAgencyMortgageBackedSecuritiesToSecuredBorrowingsAsPercentOfTotalAssetsOrTotalLiabilities_BC596A34FC3DDC043F7755462A327FE2_terseLabel_en-US" xlink:label="lab_bac_PriorPeriodReclassifcationFromSalesOfAgencyMortgageBackedSecuritiesToSecuredBorrowingsAsPercentOfTotalAssetsOrTotalLiabilities_BC596A34FC3DDC043F7755462A327FE2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Prior Period Reclassifcation From Sales Of Agency Mortgage Backed Securities To Secured Borrowings As Percent Of Total Assets Or Total Liabilities </link:label>
<link:label id="lab_bac_PriorPeriodReclassifcationFromSalesOfAgencyMortgageBackedSecuritiesToSecuredBorrowingsAsPercentOfTotalAssetsOrTotalLiabilities_BC596A34FC3DDC043F7755462A327FE2_label_en-US" xlink:label="lab_bac_PriorPeriodReclassifcationFromSalesOfAgencyMortgageBackedSecuritiesToSecuredBorrowingsAsPercentOfTotalAssetsOrTotalLiabilities_BC596A34FC3DDC043F7755462A327FE2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Prior Period Reclassifcation From Sales Of Agency Mortgage Backed Securities To Secured Borrowings As Percent Of Total Assets Or Total Liabilities </link:label>
<link:label id="lab_bac_PriorPeriodReclassifcationFromSalesOfAgencyMortgageBackedSecuritiesToSecuredBorrowingsAsPercentOfTotalAssetsOrTotalLiabilities_BC596A34FC3DDC043F7755462A327FE2_documentation_en-US" xlink:label="lab_bac_PriorPeriodReclassifcationFromSalesOfAgencyMortgageBackedSecuritiesToSecuredBorrowingsAsPercentOfTotalAssetsOrTotalLiabilities_BC596A34FC3DDC043F7755462A327FE2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> The quarterly effect of the amount of certain sales of agency mortgage-backed securities that should have been recorded as secured borrowings as a percent of total assets or total liabilities. </link:label>
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<link:label id="lab_us-gaap_SecuritiesReceivedAsCollateralAmountRepledgedAndSold_DEB1A97D8101AF181B5F554B02F7B08B_terseLabel_en-US" xlink:label="lab_us-gaap_SecuritiesReceivedAsCollateralAmountRepledgedAndSold_DEB1A97D8101AF181B5F554B02F7B08B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Securities Received as Collateral, Amount Repledged and Sold </link:label>
<link:label id="lab_us-gaap_SecuritiesReceivedAsCollateralAmountRepledgedAndSold_DEB1A97D8101AF181B5F554B02F7B08B_label_en-US" xlink:label="lab_us-gaap_SecuritiesReceivedAsCollateralAmountRepledgedAndSold_DEB1A97D8101AF181B5F554B02F7B08B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities Received as Collateral, Amount Repledged and Sold </link:label>
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<link:label id="lab_us-gaap_PropertyPlantAndEquipmentUsefulLifeMaximum_8F719EC5B0D0B28FCCFA554E0726B8AC_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentUsefulLifeMaximum_8F719EC5B0D0B28FCCFA554E0726B8AC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Property, Plant and Equipment, Useful Life, Maximum </link:label>
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<link:label id="lab_bac_NewAccountingPronouncementOrChangeInAccountingPrincipleLoansAndLeasesReceivableEffected_DF00B0CC84EAAAF95F5FED77FC8B0ACF_terseLabel_en-US" xlink:label="lab_bac_NewAccountingPronouncementOrChangeInAccountingPrincipleLoansAndLeasesReceivableEffected_DF00B0CC84EAAAF95F5FED77FC8B0ACF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> New Accounting Pronouncement or Change in Accounting Principle, Loans and Leases Receivable Effected </link:label>
<link:label id="lab_bac_NewAccountingPronouncementOrChangeInAccountingPrincipleLoansAndLeasesReceivableEffected_DF00B0CC84EAAAF95F5FED77FC8B0ACF_label_en-US" xlink:label="lab_bac_NewAccountingPronouncementOrChangeInAccountingPrincipleLoansAndLeasesReceivableEffected_DF00B0CC84EAAAF95F5FED77FC8B0ACF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> New Accounting Pronouncement or Change in Accounting Principle, Loans and Leases Receivable Effected </link:label>
<link:label id="lab_bac_NewAccountingPronouncementOrChangeInAccountingPrincipleLoansAndLeasesReceivableEffected_DF00B0CC84EAAAF95F5FED77FC8B0ACF_documentation_en-US" xlink:label="lab_bac_NewAccountingPronouncementOrChangeInAccountingPrincipleLoansAndLeasesReceivableEffected_DF00B0CC84EAAAF95F5FED77FC8B0ACF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Balance of loans and leases receivable effected by new accounting pronoucnement or change in accounting principle. </link:label>
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<link:label id="lab_bac_NewAccountingPronouncementOrChangeInAccountingPrincipleLoansAndLeasesReceivableAllowanceEffected_2A96851AEEA608073A80ED7A5FD2F9F3_label_en-US" xlink:label="lab_bac_NewAccountingPronouncementOrChangeInAccountingPrincipleLoansAndLeasesReceivableAllowanceEffected_2A96851AEEA608073A80ED7A5FD2F9F3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> New Accounting Pronouncement or Change in Accounting Principle, Loans and Leases Receivable Allowance Effected </link:label>
<link:label id="lab_bac_NewAccountingPronouncementOrChangeInAccountingPrincipleLoansAndLeasesReceivableAllowanceEffected_2A96851AEEA608073A80ED7A5FD2F9F3_documentation_en-US" xlink:label="lab_bac_NewAccountingPronouncementOrChangeInAccountingPrincipleLoansAndLeasesReceivableAllowanceEffected_2A96851AEEA608073A80ED7A5FD2F9F3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Balance of loans and leases receivable allowance effected by new accounting pronoucnement or change in accounting principle. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_NewAccountingPronouncementOrChangeInAccountingPrincipleLoansAndLeasesReceivableAllowanceEffected" xlink:label="loc_bac_NewAccountingPronouncementOrChangeInAccountingPrincipleLoansAndLeasesReceivableAllowanceEffected_2A96851AEEA608073A80ED7A5FD2F9F3" xlink:type="locator"/>
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<link:label id="lab_bac_LossSeverityOnLoansInSecondLienPosition_FEEF77999922E5FDD0B8860428E753B5_terseLabel_en-US" xlink:label="lab_bac_LossSeverityOnLoansInSecondLienPosition_FEEF77999922E5FDD0B8860428E753B5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loss Severity on Loans in Second Lien Position </link:label>
<link:label id="lab_bac_LossSeverityOnLoansInSecondLienPosition_FEEF77999922E5FDD0B8860428E753B5_label_en-US" xlink:label="lab_bac_LossSeverityOnLoansInSecondLienPosition_FEEF77999922E5FDD0B8860428E753B5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loss Severity on Loans in Second Lien Position </link:label>
<link:label id="lab_bac_LossSeverityOnLoansInSecondLienPosition_FEEF77999922E5FDD0B8860428E753B5_documentation_en-US" xlink:label="lab_bac_LossSeverityOnLoansInSecondLienPosition_FEEF77999922E5FDD0B8860428E753B5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Loss Severity on Loans in Second Lien Position </link:label>
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<link:label id="lab_us-gaap_StatementOfStockholdersEquityAbstract_466E6CAA436E14803DC001F323563D2F_label_en-US" xlink:label="lab_us-gaap_StatementOfStockholdersEquityAbstract_466E6CAA436E14803DC001F323563D2F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Statement of Stockholders' Equity [Abstract] </link:label>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CumulativeEffectAdjustmentConsolidationOfVariableInterestEntityMember" xlink:label="loc_us-gaap_CumulativeEffectAdjustmentConsolidationOfVariableInterestEntityMember_6228790A03E0637EB1DF62DC9884BA73" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AccountingStandardsUpdate201011Member_30C036678A32988377F7A3AEBA3D1537_terseLabel_en-US" xlink:label="lab_us-gaap_AccountingStandardsUpdate201011Member_30C036678A32988377F7A3AEBA3D1537" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Credit-related notes [Member] </link:label>
<link:label id="lab_us-gaap_AccountingStandardsUpdate201011Member_30C036678A32988377F7A3AEBA3D1537_label_en-US" xlink:label="lab_us-gaap_AccountingStandardsUpdate201011Member_30C036678A32988377F7A3AEBA3D1537" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Accounting Standards Update 2010-11 [Member] </link:label>
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<link:label id="lab_us-gaap_PreferredStockMember_3409D5DA72C4F33E7CFA6262FF37A40B_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockMember_3409D5DA72C4F33E7CFA6262FF37A40B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Preferred Stock </link:label>
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<link:label id="lab_bac_OthersMember_A486148F72E8C8C66DA96266578AF541_terseLabel_en-US" xlink:label="lab_bac_OthersMember_A486148F72E8C8C66DA96266578AF541" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other </link:label>
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<link:label id="lab_us-gaap_ComprehensiveIncomeMember_DAD17940A49ECF56062762679BDC2CF2_terseLabel_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeMember_DAD17940A49ECF56062762679BDC2CF2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Comprehensive Income (Loss) </link:label>
<link:label id="lab_us-gaap_ComprehensiveIncomeMember_DAD17940A49ECF56062762679BDC2CF2_label_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeMember_DAD17940A49ECF56062762679BDC2CF2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Comprehensive Income [Member] </link:label>
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<link:label id="lab_us-gaap_OtherComprehensiveIncomeAvailableForSaleSecuritiesAdjustmentNetOfTaxPeriodIncreaseDecrease_5896C9DA8A494646C2FB62E67AFBBD20_terseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeAvailableForSaleSecuritiesAdjustmentNetOfTaxPeriodIncreaseDecrease_5896C9DA8A494646C2FB62E67AFBBD20" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net change in available-for-sale debt and marketable equity securities </link:label>
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<link:label id="lab_us-gaap_DividendsPreferredStockCash_5E2B8C6EC61AB7F5DA8162CFF5DAD183_label_en-US" xlink:label="lab_us-gaap_DividendsPreferredStockCash_5E2B8C6EC61AB7F5DA8162CFF5DAD183" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Dividends, Preferred Stock, Cash </link:label>
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<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DividendsPreferredStockCash_5E2B8C6EC61AB7F5DA8162CFF5DAD183" xlink:to="lab_us-gaap_DividendsPreferredStockCash_5E2B8C6EC61AB7F5DA8162CFF5DAD183" xlink:type="arc"/>
<link:label id="lab_bac_StockIssuedDuringPeriodValuePreferredNewIssuesAndWarrants_17D6B9FAA0603D7DF6B062AC519DEA2C_terseLabel_en-US" xlink:label="lab_bac_StockIssuedDuringPeriodValuePreferredNewIssuesAndWarrants_17D6B9FAA0603D7DF6B062AC519DEA2C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Issuance of preferred stock and stock warrants </link:label>
<link:label id="lab_bac_StockIssuedDuringPeriodValuePreferredNewIssuesAndWarrants_17D6B9FAA0603D7DF6B062AC519DEA2C_label_en-US" xlink:label="lab_bac_StockIssuedDuringPeriodValuePreferredNewIssuesAndWarrants_17D6B9FAA0603D7DF6B062AC519DEA2C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stock Issued During Period Value Preferred New Issues And Warrants </link:label>
<link:label id="lab_bac_StockIssuedDuringPeriodValuePreferredNewIssuesAndWarrants_17D6B9FAA0603D7DF6B062AC519DEA2C_documentation_en-US" xlink:label="lab_bac_StockIssuedDuringPeriodValuePreferredNewIssuesAndWarrants_17D6B9FAA0603D7DF6B062AC519DEA2C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Value of preferred stock and warrants issued during the period. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_StockIssuedDuringPeriodValuePreferredNewIssuesAndWarrants" xlink:label="loc_bac_StockIssuedDuringPeriodValuePreferredNewIssuesAndWarrants_17D6B9FAA0603D7DF6B062AC519DEA2C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_StockIssuedDuringPeriodValuePreferredNewIssuesAndWarrants_17D6B9FAA0603D7DF6B062AC519DEA2C" xlink:to="lab_bac_StockIssuedDuringPeriodValuePreferredNewIssuesAndWarrants_17D6B9FAA0603D7DF6B062AC519DEA2C" xlink:type="arc"/>
<link:label id="lab_us-gaap_StockRedeemedOrCalledDuringPeriodValue_237B986EB437340DC8FB6275AF74EBB8_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_StockRedeemedOrCalledDuringPeriodValue_237B986EB437340DC8FB6275AF74EBB8" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Repayment of preferred stock </link:label>
<link:label id="lab_us-gaap_StockRedeemedOrCalledDuringPeriodValue_237B986EB437340DC8FB6275AF74EBB8_label_en-US" xlink:label="lab_us-gaap_StockRedeemedOrCalledDuringPeriodValue_237B986EB437340DC8FB6275AF74EBB8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stock Redeemed or Called During Period, Value </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_StockRedeemedOrCalledDuringPeriodValue" xlink:label="loc_us-gaap_StockRedeemedOrCalledDuringPeriodValue_237B986EB437340DC8FB6275AF74EBB8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockRedeemedOrCalledDuringPeriodValue_237B986EB437340DC8FB6275AF74EBB8" xlink:to="lab_us-gaap_StockRedeemedOrCalledDuringPeriodValue_237B986EB437340DC8FB6275AF74EBB8" xlink:type="arc"/>
<link:label id="lab_bac_OtherStockIssuedDuringPeriodValue_E8F3E13D8672C8864EE8627746B870D7_terseLabel_en-US" xlink:label="lab_bac_OtherStockIssuedDuringPeriodValue_E8F3E13D8672C8864EE8627746B870D7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Issuance of common equivalent securities </link:label>
<link:label id="lab_bac_OtherStockIssuedDuringPeriodValue_E8F3E13D8672C8864EE8627746B870D7_label_en-US" xlink:label="lab_bac_OtherStockIssuedDuringPeriodValue_E8F3E13D8672C8864EE8627746B870D7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Stock Issued During Period Value </link:label>
<link:label id="lab_bac_OtherStockIssuedDuringPeriodValue_E8F3E13D8672C8864EE8627746B870D7_documentation_en-US" xlink:label="lab_bac_OtherStockIssuedDuringPeriodValue_E8F3E13D8672C8864EE8627746B870D7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents other shareholder equity activities that are not separately presented in any shareholders equity category. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_OtherStockIssuedDuringPeriodValue" xlink:label="loc_bac_OtherStockIssuedDuringPeriodValue_E8F3E13D8672C8864EE8627746B870D7" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_OtherStockIssuedDuringPeriodValue_E8F3E13D8672C8864EE8627746B870D7" xlink:to="lab_bac_OtherStockIssuedDuringPeriodValue_E8F3E13D8672C8864EE8627746B870D7" xlink:type="arc"/>
<link:label id="lab_us-gaap_StockIssuedDuringPeriodValueAcquisitions_276A940903F081BCC60D627846F2AE86_terseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueAcquisitions_276A940903F081BCC60D627846F2AE86" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Stock issued in acquisition </link:label>
<link:label id="lab_us-gaap_StockIssuedDuringPeriodValueAcquisitions_276A940903F081BCC60D627846F2AE86_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueAcquisitions_276A940903F081BCC60D627846F2AE86" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stock Issued During Period, Value, Acquisitions </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueAcquisitions" xlink:label="loc_us-gaap_StockIssuedDuringPeriodValueAcquisitions_276A940903F081BCC60D627846F2AE86" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodValueAcquisitions_276A940903F081BCC60D627846F2AE86" xlink:to="lab_us-gaap_StockIssuedDuringPeriodValueAcquisitions_276A940903F081BCC60D627846F2AE86" xlink:type="arc"/>
<link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesAcquisitions_D5B3E408EDCAA1CBFA926289F4F049BF_terseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesAcquisitions_D5B3E408EDCAA1CBFA926289F4F049BF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Stock issued in acquisition, shares </link:label>
<link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesAcquisitions_D5B3E408EDCAA1CBFA926289F4F049BF_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesAcquisitions_D5B3E408EDCAA1CBFA926289F4F049BF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stock Issued During Period, Shares, Acquisitions </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesAcquisitions" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesAcquisitions_D5B3E408EDCAA1CBFA926289F4F049BF" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodSharesAcquisitions_D5B3E408EDCAA1CBFA926289F4F049BF" xlink:to="lab_us-gaap_StockIssuedDuringPeriodSharesAcquisitions_D5B3E408EDCAA1CBFA926289F4F049BF" xlink:type="arc"/>
<link:label id="lab_bac_StockConvertedFromOneClassToAnotherClassChangesValue_61C2671D69BA90EA4469627ACF7E3ECF_terseLabel_en-US" xlink:label="lab_bac_StockConvertedFromOneClassToAnotherClassChangesValue_61C2671D69BA90EA4469627ACF7E3ECF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Exchange of preferred stock </link:label>
<link:label id="lab_bac_StockConvertedFromOneClassToAnotherClassChangesValue_61C2671D69BA90EA4469627ACF7E3ECF_label_en-US" xlink:label="lab_bac_StockConvertedFromOneClassToAnotherClassChangesValue_61C2671D69BA90EA4469627ACF7E3ECF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stock Converted From One Class To Another Class Changes Value </link:label>
<link:label id="lab_bac_StockConvertedFromOneClassToAnotherClassChangesValue_61C2671D69BA90EA4469627ACF7E3ECF_documentation_en-US" xlink:label="lab_bac_StockConvertedFromOneClassToAnotherClassChangesValue_61C2671D69BA90EA4469627ACF7E3ECF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> The changes in value of stock that was converted from one type or class to another during the period. Conversion may be among classes of common or nonredeemable preferred stock or from common stock or nonredeemable preferred stock to nonredeemable preferred stock or common stock, respectively. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_StockConvertedFromOneClassToAnotherClassChangesValue" xlink:label="loc_bac_StockConvertedFromOneClassToAnotherClassChangesValue_61C2671D69BA90EA4469627ACF7E3ECF" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_StockConvertedFromOneClassToAnotherClassChangesValue_61C2671D69BA90EA4469627ACF7E3ECF" xlink:to="lab_bac_StockConvertedFromOneClassToAnotherClassChangesValue_61C2671D69BA90EA4469627ACF7E3ECF" xlink:type="arc"/>
<link:label id="lab_bac_StockConvertedFromOneClassToAnotherClassChangesShares_213F4B43635B7AF24A5B62C37B86E7B5_terseLabel_en-US" xlink:label="lab_bac_StockConvertedFromOneClassToAnotherClassChangesShares_213F4B43635B7AF24A5B62C37B86E7B5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Exchange of preferred stock, shares </link:label>
<link:label id="lab_bac_StockConvertedFromOneClassToAnotherClassChangesShares_213F4B43635B7AF24A5B62C37B86E7B5_label_en-US" xlink:label="lab_bac_StockConvertedFromOneClassToAnotherClassChangesShares_213F4B43635B7AF24A5B62C37B86E7B5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stock Converted From One Class To Another Class Changes Shares </link:label>
<link:label id="lab_bac_StockConvertedFromOneClassToAnotherClassChangesShares_213F4B43635B7AF24A5B62C37B86E7B5_documentation_en-US" xlink:label="lab_bac_StockConvertedFromOneClassToAnotherClassChangesShares_213F4B43635B7AF24A5B62C37B86E7B5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Change in the number of shares due to a conversion of stock from one class to another during the period. Conversion may be among classes of common or nonredeemable preferred stock or from common stock or nonredeemable preferred stock to nonredeemable preferred stock or common stock, respectively. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_StockConvertedFromOneClassToAnotherClassChangesShares" xlink:label="loc_bac_StockConvertedFromOneClassToAnotherClassChangesShares_213F4B43635B7AF24A5B62C37B86E7B5" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_StockConvertedFromOneClassToAnotherClassChangesShares_213F4B43635B7AF24A5B62C37B86E7B5" xlink:to="lab_bac_StockConvertedFromOneClassToAnotherClassChangesShares_213F4B43635B7AF24A5B62C37B86E7B5" xlink:type="arc"/>
<link:label id="lab_bac_StockOptionsExercisedIncludingIncomeTaxBenefitsVestingOfRestrictedStockUnitsAndOther_B18398AD710237E85CC562C261D2CF9F_terseLabel_en-US" xlink:label="lab_bac_StockOptionsExercisedIncludingIncomeTaxBenefitsVestingOfRestrictedStockUnitsAndOther_B18398AD710237E85CC562C261D2CF9F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Common stock issued under employee plans and related tax effects </link:label>
<link:label id="lab_bac_StockOptionsExercisedIncludingIncomeTaxBenefitsVestingOfRestrictedStockUnitsAndOther_B18398AD710237E85CC562C261D2CF9F_label_en-US" xlink:label="lab_bac_StockOptionsExercisedIncludingIncomeTaxBenefitsVestingOfRestrictedStockUnitsAndOther_B18398AD710237E85CC562C261D2CF9F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stock Options Exercised Including Income Tax Benefits Vesting Of Restricted Stock Units And Other </link:label>
<link:label id="lab_bac_StockOptionsExercisedIncludingIncomeTaxBenefitsVestingOfRestrictedStockUnitsAndOther_B18398AD710237E85CC562C261D2CF9F_documentation_en-US" xlink:label="lab_bac_StockOptionsExercisedIncludingIncomeTaxBenefitsVestingOfRestrictedStockUnitsAndOther_B18398AD710237E85CC562C261D2CF9F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents primarily the value stock issued during the period as a result of the exercise of stock options and related to Restricted Stock Awards issued during the period, net of the stock value of such awards forfeited. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_StockOptionsExercisedIncludingIncomeTaxBenefitsVestingOfRestrictedStockUnitsAndOther" xlink:label="loc_bac_StockOptionsExercisedIncludingIncomeTaxBenefitsVestingOfRestrictedStockUnitsAndOther_B18398AD710237E85CC562C261D2CF9F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_StockOptionsExercisedIncludingIncomeTaxBenefitsVestingOfRestrictedStockUnitsAndOther_B18398AD710237E85CC562C261D2CF9F" xlink:to="lab_bac_StockOptionsExercisedIncludingIncomeTaxBenefitsVestingOfRestrictedStockUnitsAndOther_B18398AD710237E85CC562C261D2CF9F" xlink:type="arc"/>
<link:label id="lab_bac_StockOptionsExercisedIncludingIncomeTaxBenefitsVestingOfRestrictedStockUnitsAndOtherShares_C2AC203DEDE4F31C8520628F3321C993_terseLabel_en-US" xlink:label="lab_bac_StockOptionsExercisedIncludingIncomeTaxBenefitsVestingOfRestrictedStockUnitsAndOtherShares_C2AC203DEDE4F31C8520628F3321C993" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Common stock issued under employee plans and related tax effects, shares </link:label>
<link:label id="lab_bac_StockOptionsExercisedIncludingIncomeTaxBenefitsVestingOfRestrictedStockUnitsAndOtherShares_C2AC203DEDE4F31C8520628F3321C993_label_en-US" xlink:label="lab_bac_StockOptionsExercisedIncludingIncomeTaxBenefitsVestingOfRestrictedStockUnitsAndOtherShares_C2AC203DEDE4F31C8520628F3321C993" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stock Options Exercised Including Income Tax Benefits Vesting Of Restricted Stock Units And Other Shares </link:label>
<link:label id="lab_bac_StockOptionsExercisedIncludingIncomeTaxBenefitsVestingOfRestrictedStockUnitsAndOtherShares_C2AC203DEDE4F31C8520628F3321C993_documentation_en-US" xlink:label="lab_bac_StockOptionsExercisedIncludingIncomeTaxBenefitsVestingOfRestrictedStockUnitsAndOtherShares_C2AC203DEDE4F31C8520628F3321C993" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents the number of shares issued during the period as a result of the exercise of stock options and related to Restricted Stock Awards, net of the stock value of such awards forfeited. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_StockOptionsExercisedIncludingIncomeTaxBenefitsVestingOfRestrictedStockUnitsAndOtherShares" xlink:label="loc_bac_StockOptionsExercisedIncludingIncomeTaxBenefitsVestingOfRestrictedStockUnitsAndOtherShares_C2AC203DEDE4F31C8520628F3321C993" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_StockOptionsExercisedIncludingIncomeTaxBenefitsVestingOfRestrictedStockUnitsAndOtherShares_C2AC203DEDE4F31C8520628F3321C993" xlink:to="lab_bac_StockOptionsExercisedIncludingIncomeTaxBenefitsVestingOfRestrictedStockUnitsAndOtherShares_C2AC203DEDE4F31C8520628F3321C993" xlink:type="arc"/>
<link:label id="lab_us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecuritiesNetOfAdjustments_3889AF187DBB0153939F629C8290C4DB_terseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecuritiesNetOfAdjustments_3889AF187DBB0153939F629C8290C4DB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Mandatory convertible preferred stock conversion </link:label>
<link:label id="lab_us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecuritiesNetOfAdjustments_3889AF187DBB0153939F629C8290C4DB_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecuritiesNetOfAdjustments_3889AF187DBB0153939F629C8290C4DB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stock Issued During Period, Value, Conversion of Convertible Securities, Net of Adjustments </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecuritiesNetOfAdjustments" xlink:label="loc_us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecuritiesNetOfAdjustments_3889AF187DBB0153939F629C8290C4DB" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecuritiesNetOfAdjustments_3889AF187DBB0153939F629C8290C4DB" xlink:to="lab_us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecuritiesNetOfAdjustments_3889AF187DBB0153939F629C8290C4DB" xlink:type="arc"/>
<link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities_F3776CD5264AED2B6915629D69094774_terseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities_F3776CD5264AED2B6915629D69094774" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Mandatory convertible preferred stock conversion, shares </link:label>
<link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities_F3776CD5264AED2B6915629D69094774_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities_F3776CD5264AED2B6915629D69094774" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stock Issued During Period, Shares, Conversion of Convertible Securities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities_F3776CD5264AED2B6915629D69094774" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities_F3776CD5264AED2B6915629D69094774" xlink:to="lab_us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities_F3776CD5264AED2B6915629D69094774" xlink:type="arc"/>
<link:label id="lab_bac_OtherStockIssuedDuringPeriodShares_C65E87393FAF8F2B10E4642748D3F7AD_terseLabel_en-US" xlink:label="lab_bac_OtherStockIssuedDuringPeriodShares_C65E87393FAF8F2B10E4642748D3F7AD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Common equivalent securities conversion, shares </link:label>
<link:label id="lab_bac_OtherStockIssuedDuringPeriodShares_C65E87393FAF8F2B10E4642748D3F7AD_label_en-US" xlink:label="lab_bac_OtherStockIssuedDuringPeriodShares_C65E87393FAF8F2B10E4642748D3F7AD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Stock Issued During Period Shares </link:label>
<link:label id="lab_bac_OtherStockIssuedDuringPeriodShares_C65E87393FAF8F2B10E4642748D3F7AD_documentation_en-US" xlink:label="lab_bac_OtherStockIssuedDuringPeriodShares_C65E87393FAF8F2B10E4642748D3F7AD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents other changes in the number of other shares issued. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_OtherStockIssuedDuringPeriodShares" xlink:label="loc_bac_OtherStockIssuedDuringPeriodShares_C65E87393FAF8F2B10E4642748D3F7AD" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_OtherStockIssuedDuringPeriodShares_C65E87393FAF8F2B10E4642748D3F7AD" xlink:to="lab_bac_OtherStockIssuedDuringPeriodShares_C65E87393FAF8F2B10E4642748D3F7AD" xlink:type="arc"/>
<link:label id="lab_us-gaap_StockholdersEquityOther_972626992A94D9834497627CCCE0EDA5_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquityOther_972626992A94D9834497627CCCE0EDA5" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Other </link:label>
<link:label id="lab_us-gaap_StockholdersEquityOther_972626992A94D9834497627CCCE0EDA5_label_en-US" xlink:label="lab_us-gaap_StockholdersEquityOther_972626992A94D9834497627CCCE0EDA5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stockholders' Equity, Other </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_StockholdersEquityOther" xlink:label="loc_us-gaap_StockholdersEquityOther_972626992A94D9834497627CCCE0EDA5" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockholdersEquityOther_972626992A94D9834497627CCCE0EDA5" xlink:to="lab_us-gaap_StockholdersEquityOther_972626992A94D9834497627CCCE0EDA5" xlink:type="arc"/>
<link:label id="lab_us-gaap_StockholdersEquity_103BD9DDEB5E665F34FB6375862FE96E_periodEndLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquity_103BD9DDEB5E665F34FB6375862FE96E" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US"> Ending Balance </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="loc_us-gaap_StockholdersEquity_103BD9DDEB5E665F34FB6375862FE96E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockholdersEquity_103BD9DDEB5E665F34FB6375862FE96E" xlink:to="lab_us-gaap_StockholdersEquity_103BD9DDEB5E665F34FB6375862FE96E" xlink:type="arc"/>
<link:label id="lab_us-gaap_SharesIssued_0DE55AEEA8C7987F5C206406C5BD2F08_periodEndLabel_en-US" xlink:label="lab_us-gaap_SharesIssued_0DE55AEEA8C7987F5C206406C5BD2F08" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US"> Ending Balance, Shares </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_SharesIssued" xlink:label="loc_us-gaap_SharesIssued_0DE55AEEA8C7987F5C206406C5BD2F08" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SharesIssued_0DE55AEEA8C7987F5C206406C5BD2F08" xlink:to="lab_us-gaap_SharesIssued_0DE55AEEA8C7987F5C206406C5BD2F08" xlink:type="arc"/>
<link:label id="lab_us-gaap_ComprehensiveIncomeNetOfTax_C6F06F77469DFEC2843A09AC650F041F_totalLabel_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNetOfTax_C6F06F77469DFEC2843A09AC650F041F" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Comprehensive Income (Loss), Net of Tax, Attributable to Parent </link:label>
<link:label id="lab_us-gaap_ComprehensiveIncomeNetOfTax_C6F06F77469DFEC2843A09AC650F041F_label_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNetOfTax_C6F06F77469DFEC2843A09AC650F041F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Comprehensive Income (Loss), Net of Tax, Attributable to Parent </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTax" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTax_C6F06F77469DFEC2843A09AC650F041F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTax_C6F06F77469DFEC2843A09AC650F041F" xlink:to="lab_us-gaap_ComprehensiveIncomeNetOfTax_C6F06F77469DFEC2843A09AC650F041F" xlink:type="arc"/>
<link:label id="lab_bac_NetPaymentsMember_12779C19FC878E7E9CEBFC3F5ECC8AF8_label_en-US" xlink:label="lab_bac_NetPaymentsMember_12779C19FC878E7E9CEBFC3F5ECC8AF8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Net Payments [Member] </link:label>
<link:label id="lab_bac_NetPaymentsMember_12779C19FC878E7E9CEBFC3F5ECC8AF8_documentation_en-US" xlink:label="lab_bac_NetPaymentsMember_12779C19FC878E7E9CEBFC3F5ECC8AF8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Net Payments. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_NetPaymentsMember" xlink:label="loc_bac_NetPaymentsMember_12779C19FC878E7E9CEBFC3F5ECC8AF8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_NetPaymentsMember_12779C19FC878E7E9CEBFC3F5ECC8AF8" xlink:to="lab_bac_NetPaymentsMember_12779C19FC878E7E9CEBFC3F5ECC8AF8" xlink:type="arc"/>
<link:label id="lab_bac_MedicareSubsidyMember_B13009A2142D52EC967EFC40A31A568E_label_en-US" xlink:label="lab_bac_MedicareSubsidyMember_B13009A2142D52EC967EFC40A31A568E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Medicare Subsidy [Member] </link:label>
<link:label id="lab_bac_MedicareSubsidyMember_B13009A2142D52EC967EFC40A31A568E_documentation_en-US" xlink:label="lab_bac_MedicareSubsidyMember_B13009A2142D52EC967EFC40A31A568E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Medicare Subsidy. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_MedicareSubsidyMember" xlink:label="loc_bac_MedicareSubsidyMember_B13009A2142D52EC967EFC40A31A568E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_MedicareSubsidyMember_B13009A2142D52EC967EFC40A31A568E" xlink:to="lab_bac_MedicareSubsidyMember_B13009A2142D52EC967EFC40A31A568E" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearOne_D564E8CA078E95BF5B4DFC33F135F9AF_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearOne_D564E8CA078E95BF5B4DFC33F135F9AF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 2012 </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearOne_D564E8CA078E95BF5B4DFC33F135F9AF_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearOne_D564E8CA078E95BF5B4DFC33F135F9AF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Expected Future Benefit Payments in Year One </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearOne" xlink:label="loc_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearOne_D564E8CA078E95BF5B4DFC33F135F9AF" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearOne_D564E8CA078E95BF5B4DFC33F135F9AF" xlink:to="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearOne_D564E8CA078E95BF5B4DFC33F135F9AF" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearTwo_11C7606DB6053830687CFC348035984D_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearTwo_11C7606DB6053830687CFC348035984D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 2013 </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearTwo_11C7606DB6053830687CFC348035984D_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearTwo_11C7606DB6053830687CFC348035984D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Expected Future Benefit Payments in Year Two </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearTwo" xlink:label="loc_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearTwo_11C7606DB6053830687CFC348035984D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearTwo_11C7606DB6053830687CFC348035984D" xlink:to="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearTwo_11C7606DB6053830687CFC348035984D" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearThree_1BB942C1C48408F11270FC3503C2ACC3_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearThree_1BB942C1C48408F11270FC3503C2ACC3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 2014 </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearThree_1BB942C1C48408F11270FC3503C2ACC3_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearThree_1BB942C1C48408F11270FC3503C2ACC3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Expected Future Benefit Payments in Year Three </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearThree" xlink:label="loc_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearThree_1BB942C1C48408F11270FC3503C2ACC3" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearThree_1BB942C1C48408F11270FC3503C2ACC3" xlink:to="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearThree_1BB942C1C48408F11270FC3503C2ACC3" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearFour_4805B876045DD0BBE867FC3566322058_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearFour_4805B876045DD0BBE867FC3566322058" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 2015 </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearFour_4805B876045DD0BBE867FC3566322058_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearFour_4805B876045DD0BBE867FC3566322058" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Expected Future Benefit Payments in Year Four </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearFour" xlink:label="loc_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearFour_4805B876045DD0BBE867FC3566322058" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearFour_4805B876045DD0BBE867FC3566322058" xlink:to="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearFour_4805B876045DD0BBE867FC3566322058" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearFive_133C6DB3ACA8F49BED7BFC35BF643145_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearFive_133C6DB3ACA8F49BED7BFC35BF643145" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 2016 </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearFive_133C6DB3ACA8F49BED7BFC35BF643145_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearFive_133C6DB3ACA8F49BED7BFC35BF643145" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Expected Future Benefit Payments in Year Five </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearFive" xlink:label="loc_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearFive_133C6DB3ACA8F49BED7BFC35BF643145" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearFive_133C6DB3ACA8F49BED7BFC35BF643145" xlink:to="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearFive_133C6DB3ACA8F49BED7BFC35BF643145" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInFiveFiscalYearsThereafter_766EE77CE19EBF252275FC361A15CA3F_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInFiveFiscalYearsThereafter_766EE77CE19EBF252275FC361A15CA3F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 2017 - 2021 </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInFiveFiscalYearsThereafter_766EE77CE19EBF252275FC361A15CA3F_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInFiveFiscalYearsThereafter_766EE77CE19EBF252275FC361A15CA3F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Expected Future Benefit Payments in Five Fiscal Years Thereafter </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInFiveFiscalYearsThereafter" xlink:label="loc_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInFiveFiscalYearsThereafter_766EE77CE19EBF252275FC361A15CA3F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInFiveFiscalYearsThereafter_766EE77CE19EBF252275FC361A15CA3F" xlink:to="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInFiveFiscalYearsThereafter_766EE77CE19EBF252275FC361A15CA3F" xlink:type="arc"/>
<link:label id="lab_us-gaap_ScenarioPreviouslyReportedMember_CFCB04FE0A4CCC8C5B8AA65D0A8F7860_label_en-US" xlink:label="lab_us-gaap_ScenarioPreviouslyReportedMember_CFCB04FE0A4CCC8C5B8AA65D0A8F7860" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Scenario, Previously Reported [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ScenarioPreviouslyReportedMember" xlink:label="loc_us-gaap_ScenarioPreviouslyReportedMember_CFCB04FE0A4CCC8C5B8AA65D0A8F7860" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScenarioPreviouslyReportedMember_CFCB04FE0A4CCC8C5B8AA65D0A8F7860" xlink:to="lab_us-gaap_ScenarioPreviouslyReportedMember_CFCB04FE0A4CCC8C5B8AA65D0A8F7860" xlink:type="arc"/>
<link:label id="lab_bac_CreditDerivativeMember_0FA8E9E00B04263FF54586565458A2EA_terseLabel_en-US" xlink:label="lab_bac_CreditDerivativeMember_0FA8E9E00B04263FF54586565458A2EA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Credit Derivative [Member] </link:label>
<link:label id="lab_bac_CreditDerivativeMember_0FA8E9E00B04263FF54586565458A2EA_label_en-US" xlink:label="lab_bac_CreditDerivativeMember_0FA8E9E00B04263FF54586565458A2EA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Credit Derivative [Member] </link:label>
<link:label id="lab_bac_CreditDerivativeMember_0FA8E9E00B04263FF54586565458A2EA_documentation_en-US" xlink:label="lab_bac_CreditDerivativeMember_0FA8E9E00B04263FF54586565458A2EA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Credit Derivative [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CreditDerivativeMember" xlink:label="loc_bac_CreditDerivativeMember_0FA8E9E00B04263FF54586565458A2EA" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CreditDerivativeMember_0FA8E9E00B04263FF54586565458A2EA" xlink:to="lab_bac_CreditDerivativeMember_0FA8E9E00B04263FF54586565458A2EA" xlink:type="arc"/>
<link:label id="lab_bac_CreditRelatedNotesMember_DA3810E3C5192BBEBEFEA6363B69A654_label_en-US" xlink:label="lab_bac_CreditRelatedNotesMember_DA3810E3C5192BBEBEFEA6363B69A654" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Credit-related notes [Member] </link:label>
<link:label id="lab_bac_CreditRelatedNotesMember_DA3810E3C5192BBEBEFEA6363B69A654_documentation_en-US" xlink:label="lab_bac_CreditRelatedNotesMember_DA3810E3C5192BBEBEFEA6363B69A654" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Credit-related notes. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CreditRelatedNotesMember" xlink:label="loc_bac_CreditRelatedNotesMember_DA3810E3C5192BBEBEFEA6363B69A654" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CreditRelatedNotesMember_DA3810E3C5192BBEBEFEA6363B69A654" xlink:to="lab_bac_CreditRelatedNotesMember_DA3810E3C5192BBEBEFEA6363B69A654" xlink:type="arc"/>
<link:label id="lab_bac_CreditDerivativeLineItems_48D45B5FF2DCEF049BA5A61D4C349925_label_en-US" xlink:label="lab_bac_CreditDerivativeLineItems_48D45B5FF2DCEF049BA5A61D4C349925" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Credit Derivative [Line Items] </link:label>
<link:label id="lab_bac_CreditDerivativeLineItems_48D45B5FF2DCEF049BA5A61D4C349925_documentation_en-US" xlink:label="lab_bac_CreditDerivativeLineItems_48D45B5FF2DCEF049BA5A61D4C349925" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Credit Derivative [Line Items] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CreditDerivativeLineItems" xlink:label="loc_bac_CreditDerivativeLineItems_48D45B5FF2DCEF049BA5A61D4C349925" xlink:type="locator"/>
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<link:label id="lab_bac_CarryingValueAbstract_6D4D09594C0EDDB2EF88A632B2E45AAE_label_en-US" xlink:label="lab_bac_CarryingValueAbstract_6D4D09594C0EDDB2EF88A632B2E45AAE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Carrying Value [Abstract] </link:label>
<link:label id="lab_bac_CarryingValueAbstract_6D4D09594C0EDDB2EF88A632B2E45AAE_documentation_en-US" xlink:label="lab_bac_CarryingValueAbstract_6D4D09594C0EDDB2EF88A632B2E45AAE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Carrying Value [Abstract] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CarryingValueAbstract" xlink:label="loc_bac_CarryingValueAbstract_6D4D09594C0EDDB2EF88A632B2E45AAE" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CarryingValueAbstract_6D4D09594C0EDDB2EF88A632B2E45AAE" xlink:to="lab_bac_CarryingValueAbstract_6D4D09594C0EDDB2EF88A632B2E45AAE" xlink:type="arc"/>
<link:label id="lab_bac_DerivativeLiabilityFairValueOfDerivativeLiabilityExpirationLessThanOneYear_BD9421327AA4CABEA2ECA6288DBD12A9_terseLabel_en-US" xlink:label="lab_bac_DerivativeLiabilityFairValueOfDerivativeLiabilityExpirationLessThanOneYear_BD9421327AA4CABEA2ECA6288DBD12A9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative Liability, Fair Value of Derivative Liability, Expiration Less Than One Year </link:label>
<link:label id="lab_bac_DerivativeLiabilityFairValueOfDerivativeLiabilityExpirationLessThanOneYear_BD9421327AA4CABEA2ECA6288DBD12A9_label_en-US" xlink:label="lab_bac_DerivativeLiabilityFairValueOfDerivativeLiabilityExpirationLessThanOneYear_BD9421327AA4CABEA2ECA6288DBD12A9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Liability, Fair Value of Derivative Liability, Expiration Less Than One Year </link:label>
<link:label id="lab_bac_DerivativeLiabilityFairValueOfDerivativeLiabilityExpirationLessThanOneYear_BD9421327AA4CABEA2ECA6288DBD12A9_documentation_en-US" xlink:label="lab_bac_DerivativeLiabilityFairValueOfDerivativeLiabilityExpirationLessThanOneYear_BD9421327AA4CABEA2ECA6288DBD12A9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Derivative Liability, Fair Value of Derivative Liability, Expiration Less Than One Year </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_DerivativeLiabilityFairValueOfDerivativeLiabilityExpirationLessThanOneYear" xlink:label="loc_bac_DerivativeLiabilityFairValueOfDerivativeLiabilityExpirationLessThanOneYear_BD9421327AA4CABEA2ECA6288DBD12A9" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_DerivativeLiabilityFairValueOfDerivativeLiabilityExpirationLessThanOneYear_BD9421327AA4CABEA2ECA6288DBD12A9" xlink:to="lab_bac_DerivativeLiabilityFairValueOfDerivativeLiabilityExpirationLessThanOneYear_BD9421327AA4CABEA2ECA6288DBD12A9" xlink:type="arc"/>
<link:label id="lab_bac_DerivativeLiabilityFairValueOfDerivativeLiabilityExpirationFromOneToThreeYears_E8F55B2B8EC761F282C0A629B34ECFD8_terseLabel_en-US" xlink:label="lab_bac_DerivativeLiabilityFairValueOfDerivativeLiabilityExpirationFromOneToThreeYears_E8F55B2B8EC761F282C0A629B34ECFD8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative Liability, Fair Value of Derivative Liability, Expiration From One to Three Years </link:label>
<link:label id="lab_bac_DerivativeLiabilityFairValueOfDerivativeLiabilityExpirationFromOneToThreeYears_E8F55B2B8EC761F282C0A629B34ECFD8_label_en-US" xlink:label="lab_bac_DerivativeLiabilityFairValueOfDerivativeLiabilityExpirationFromOneToThreeYears_E8F55B2B8EC761F282C0A629B34ECFD8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Liability, Fair Value of Derivative Liability, Expiration From One to Three Years </link:label>
<link:label id="lab_bac_DerivativeLiabilityFairValueOfDerivativeLiabilityExpirationFromOneToThreeYears_E8F55B2B8EC761F282C0A629B34ECFD8_documentation_en-US" xlink:label="lab_bac_DerivativeLiabilityFairValueOfDerivativeLiabilityExpirationFromOneToThreeYears_E8F55B2B8EC761F282C0A629B34ECFD8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Derivative Liability, Fair Value of Derivative Liability, Expiration From One to Three Years </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_DerivativeLiabilityFairValueOfDerivativeLiabilityExpirationFromOneToThreeYears" xlink:label="loc_bac_DerivativeLiabilityFairValueOfDerivativeLiabilityExpirationFromOneToThreeYears_E8F55B2B8EC761F282C0A629B34ECFD8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_DerivativeLiabilityFairValueOfDerivativeLiabilityExpirationFromOneToThreeYears_E8F55B2B8EC761F282C0A629B34ECFD8" xlink:to="lab_bac_DerivativeLiabilityFairValueOfDerivativeLiabilityExpirationFromOneToThreeYears_E8F55B2B8EC761F282C0A629B34ECFD8" xlink:type="arc"/>
<link:label id="lab_bac_DerivativeLiabilityFairValueOfDerivativeLiabilityExpirationFromThreeToFiveYears_7908F9EFE2FDE359410CA62A5A618FA0_terseLabel_en-US" xlink:label="lab_bac_DerivativeLiabilityFairValueOfDerivativeLiabilityExpirationFromThreeToFiveYears_7908F9EFE2FDE359410CA62A5A618FA0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative Liability, Fair Value of Derivative Liability, Expiration From Three To Five Years </link:label>
<link:label id="lab_bac_DerivativeLiabilityFairValueOfDerivativeLiabilityExpirationFromThreeToFiveYears_7908F9EFE2FDE359410CA62A5A618FA0_label_en-US" xlink:label="lab_bac_DerivativeLiabilityFairValueOfDerivativeLiabilityExpirationFromThreeToFiveYears_7908F9EFE2FDE359410CA62A5A618FA0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Liability, Fair Value of Derivative Liability, Expiration From Three To Five Years </link:label>
<link:label id="lab_bac_DerivativeLiabilityFairValueOfDerivativeLiabilityExpirationFromThreeToFiveYears_7908F9EFE2FDE359410CA62A5A618FA0_documentation_en-US" xlink:label="lab_bac_DerivativeLiabilityFairValueOfDerivativeLiabilityExpirationFromThreeToFiveYears_7908F9EFE2FDE359410CA62A5A618FA0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Derivative Liability, Fair Value of Derivative Liability, Expiration From Three To Five Years </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_DerivativeLiabilityFairValueOfDerivativeLiabilityExpirationFromThreeToFiveYears" xlink:label="loc_bac_DerivativeLiabilityFairValueOfDerivativeLiabilityExpirationFromThreeToFiveYears_7908F9EFE2FDE359410CA62A5A618FA0" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_DerivativeLiabilityFairValueOfDerivativeLiabilityExpirationFromThreeToFiveYears_7908F9EFE2FDE359410CA62A5A618FA0" xlink:to="lab_bac_DerivativeLiabilityFairValueOfDerivativeLiabilityExpirationFromThreeToFiveYears_7908F9EFE2FDE359410CA62A5A618FA0" xlink:type="arc"/>
<link:label id="lab_bac_DerivativeLiabilityFairValueOfDerivativeLiabilityExpirationGreaterThanFiveYears_BB3F757F78EE1826432AA62AD4EE9A98_terseLabel_en-US" xlink:label="lab_bac_DerivativeLiabilityFairValueOfDerivativeLiabilityExpirationGreaterThanFiveYears_BB3F757F78EE1826432AA62AD4EE9A98" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative Liability, Fair Value of Derivative Liability, Expiration Greater Than Five Years </link:label>
<link:label id="lab_bac_DerivativeLiabilityFairValueOfDerivativeLiabilityExpirationGreaterThanFiveYears_BB3F757F78EE1826432AA62AD4EE9A98_label_en-US" xlink:label="lab_bac_DerivativeLiabilityFairValueOfDerivativeLiabilityExpirationGreaterThanFiveYears_BB3F757F78EE1826432AA62AD4EE9A98" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Liability, Fair Value of Derivative Liability, Expiration Greater Than Five Years </link:label>
<link:label id="lab_bac_DerivativeLiabilityFairValueOfDerivativeLiabilityExpirationGreaterThanFiveYears_BB3F757F78EE1826432AA62AD4EE9A98_documentation_en-US" xlink:label="lab_bac_DerivativeLiabilityFairValueOfDerivativeLiabilityExpirationGreaterThanFiveYears_BB3F757F78EE1826432AA62AD4EE9A98" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Derivative Liability, Fair Value of Derivative Liability, Expiration Greater Than Five Years </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_DerivativeLiabilityFairValueOfDerivativeLiabilityExpirationGreaterThanFiveYears" xlink:label="loc_bac_DerivativeLiabilityFairValueOfDerivativeLiabilityExpirationGreaterThanFiveYears_BB3F757F78EE1826432AA62AD4EE9A98" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_DerivativeLiabilityFairValueOfDerivativeLiabilityExpirationGreaterThanFiveYears_BB3F757F78EE1826432AA62AD4EE9A98" xlink:to="lab_bac_DerivativeLiabilityFairValueOfDerivativeLiabilityExpirationGreaterThanFiveYears_BB3F757F78EE1826432AA62AD4EE9A98" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeFairValueOfDerivativeLiability_343E0C4E45A12312D83BA6117D911480_totalLabel_en-US" xlink:label="lab_us-gaap_DerivativeFairValueOfDerivativeLiability_343E0C4E45A12312D83BA6117D911480" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Derivative Liability, Fair Value, Gross Liability </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeLiability" xlink:label="loc_us-gaap_DerivativeFairValueOfDerivativeLiability_343E0C4E45A12312D83BA6117D911480" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeFairValueOfDerivativeLiability_343E0C4E45A12312D83BA6117D911480" xlink:to="lab_us-gaap_DerivativeFairValueOfDerivativeLiability_343E0C4E45A12312D83BA6117D911480" xlink:type="arc"/>
<link:label id="lab_bac_DerivativeLiabilityNotionalAmountExpirationLessThanOneYear_3F85210E5AB8F1BC9DE3A6461C5509A6_terseLabel_en-US" xlink:label="lab_bac_DerivativeLiabilityNotionalAmountExpirationLessThanOneYear_3F85210E5AB8F1BC9DE3A6461C5509A6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative Liability, Notional Amount, Expiration Less Than One Year </link:label>
<link:label id="lab_bac_DerivativeLiabilityNotionalAmountExpirationLessThanOneYear_3F85210E5AB8F1BC9DE3A6461C5509A6_label_en-US" xlink:label="lab_bac_DerivativeLiabilityNotionalAmountExpirationLessThanOneYear_3F85210E5AB8F1BC9DE3A6461C5509A6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Liability, Notional Amount, Expiration Less Than One Year </link:label>
<link:label id="lab_bac_DerivativeLiabilityNotionalAmountExpirationLessThanOneYear_3F85210E5AB8F1BC9DE3A6461C5509A6_documentation_en-US" xlink:label="lab_bac_DerivativeLiabilityNotionalAmountExpirationLessThanOneYear_3F85210E5AB8F1BC9DE3A6461C5509A6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Derivative Liability, Notional Amount, Expiration Less Than One Year </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_DerivativeLiabilityNotionalAmountExpirationLessThanOneYear" xlink:label="loc_bac_DerivativeLiabilityNotionalAmountExpirationLessThanOneYear_3F85210E5AB8F1BC9DE3A6461C5509A6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_DerivativeLiabilityNotionalAmountExpirationLessThanOneYear_3F85210E5AB8F1BC9DE3A6461C5509A6" xlink:to="lab_bac_DerivativeLiabilityNotionalAmountExpirationLessThanOneYear_3F85210E5AB8F1BC9DE3A6461C5509A6" xlink:type="arc"/>
<link:label id="lab_bac_DerivativeLiabilityNotionalAmountExpirationFromOneToThreeYears_E3E77AA35BF839C8B766A646A7364E10_terseLabel_en-US" xlink:label="lab_bac_DerivativeLiabilityNotionalAmountExpirationFromOneToThreeYears_E3E77AA35BF839C8B766A646A7364E10" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative Liability, Notional Amount, Expiration From One to Three Years </link:label>
<link:label id="lab_bac_DerivativeLiabilityNotionalAmountExpirationFromOneToThreeYears_E3E77AA35BF839C8B766A646A7364E10_label_en-US" xlink:label="lab_bac_DerivativeLiabilityNotionalAmountExpirationFromOneToThreeYears_E3E77AA35BF839C8B766A646A7364E10" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Liability, Notional Amount, Expiration From One to Three Years </link:label>
<link:label id="lab_bac_DerivativeLiabilityNotionalAmountExpirationFromOneToThreeYears_E3E77AA35BF839C8B766A646A7364E10_documentation_en-US" xlink:label="lab_bac_DerivativeLiabilityNotionalAmountExpirationFromOneToThreeYears_E3E77AA35BF839C8B766A646A7364E10" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Derivative Liability, Notional Amount, Expiration From One to Three Years </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_DerivativeLiabilityNotionalAmountExpirationFromOneToThreeYears" xlink:label="loc_bac_DerivativeLiabilityNotionalAmountExpirationFromOneToThreeYears_E3E77AA35BF839C8B766A646A7364E10" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_DerivativeLiabilityNotionalAmountExpirationFromOneToThreeYears_E3E77AA35BF839C8B766A646A7364E10" xlink:to="lab_bac_DerivativeLiabilityNotionalAmountExpirationFromOneToThreeYears_E3E77AA35BF839C8B766A646A7364E10" xlink:type="arc"/>
<link:label id="lab_bac_DerivativeLiabilityNotionalAmountExpirationFromThreeToFiveYears_FA2245A59DBB0CDFF6F6A64A4095646C_terseLabel_en-US" xlink:label="lab_bac_DerivativeLiabilityNotionalAmountExpirationFromThreeToFiveYears_FA2245A59DBB0CDFF6F6A64A4095646C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative Liability, Notional Amount, Expiration From Three to Five Years </link:label>
<link:label id="lab_bac_DerivativeLiabilityNotionalAmountExpirationFromThreeToFiveYears_FA2245A59DBB0CDFF6F6A64A4095646C_label_en-US" xlink:label="lab_bac_DerivativeLiabilityNotionalAmountExpirationFromThreeToFiveYears_FA2245A59DBB0CDFF6F6A64A4095646C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Liability, Notional Amount, Expiration From Three to Five Years </link:label>
<link:label id="lab_bac_DerivativeLiabilityNotionalAmountExpirationFromThreeToFiveYears_FA2245A59DBB0CDFF6F6A64A4095646C_documentation_en-US" xlink:label="lab_bac_DerivativeLiabilityNotionalAmountExpirationFromThreeToFiveYears_FA2245A59DBB0CDFF6F6A64A4095646C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Derivative Liability, Notional Amount, Expiration From Three to Five Years </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_DerivativeLiabilityNotionalAmountExpirationFromThreeToFiveYears" xlink:label="loc_bac_DerivativeLiabilityNotionalAmountExpirationFromThreeToFiveYears_FA2245A59DBB0CDFF6F6A64A4095646C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_DerivativeLiabilityNotionalAmountExpirationFromThreeToFiveYears_FA2245A59DBB0CDFF6F6A64A4095646C" xlink:to="lab_bac_DerivativeLiabilityNotionalAmountExpirationFromThreeToFiveYears_FA2245A59DBB0CDFF6F6A64A4095646C" xlink:type="arc"/>
<link:label id="lab_bac_DerivativeLiabilityNotionalAmountGreaterThanFiveYears_4AA1F3EB2E15C67317BEA64AB9917EF6_terseLabel_en-US" xlink:label="lab_bac_DerivativeLiabilityNotionalAmountGreaterThanFiveYears_4AA1F3EB2E15C67317BEA64AB9917EF6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative Liability, Notional Amount, Greater Than Five Years </link:label>
<link:label id="lab_bac_DerivativeLiabilityNotionalAmountGreaterThanFiveYears_4AA1F3EB2E15C67317BEA64AB9917EF6_label_en-US" xlink:label="lab_bac_DerivativeLiabilityNotionalAmountGreaterThanFiveYears_4AA1F3EB2E15C67317BEA64AB9917EF6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Liability, Notional Amount, Greater Than Five Years </link:label>
<link:label id="lab_bac_DerivativeLiabilityNotionalAmountGreaterThanFiveYears_4AA1F3EB2E15C67317BEA64AB9917EF6_documentation_en-US" xlink:label="lab_bac_DerivativeLiabilityNotionalAmountGreaterThanFiveYears_4AA1F3EB2E15C67317BEA64AB9917EF6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Derivative Liability, Notional Amount, Greater Than Five Years </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_DerivativeLiabilityNotionalAmountGreaterThanFiveYears" xlink:label="loc_bac_DerivativeLiabilityNotionalAmountGreaterThanFiveYears_4AA1F3EB2E15C67317BEA64AB9917EF6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_DerivativeLiabilityNotionalAmountGreaterThanFiveYears_4AA1F3EB2E15C67317BEA64AB9917EF6" xlink:to="lab_bac_DerivativeLiabilityNotionalAmountGreaterThanFiveYears_4AA1F3EB2E15C67317BEA64AB9917EF6" xlink:type="arc"/>
<link:label id="lab_us-gaap_NotionalAmountOfDerivatives_73B8A068B203C3A213AAA619DFAC4C0C_totalLabel_en-US" xlink:label="lab_us-gaap_NotionalAmountOfDerivatives_73B8A068B203C3A213AAA619DFAC4C0C" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Notional Amount of Derivatives </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_NotionalAmountOfDerivatives" xlink:label="loc_us-gaap_NotionalAmountOfDerivatives_73B8A068B203C3A213AAA619DFAC4C0C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NotionalAmountOfDerivatives_73B8A068B203C3A213AAA619DFAC4C0C" xlink:to="lab_us-gaap_NotionalAmountOfDerivatives_73B8A068B203C3A213AAA619DFAC4C0C" xlink:type="arc"/>
<link:label id="lab_bac_CarryingValueOfWrittenCreditDerivativesWithIdenticalReferencedUnderlyingHeldByEntity_A1007C82A861E6B74464A6612983AE5F_terseLabel_en-US" xlink:label="lab_bac_CarryingValueOfWrittenCreditDerivativesWithIdenticalReferencedUnderlyingHeldByEntity_A1007C82A861E6B74464A6612983AE5F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Carrying value of written credit derivatives </link:label>
<link:label id="lab_bac_CarryingValueOfWrittenCreditDerivativesWithIdenticalReferencedUnderlyingHeldByEntity_A1007C82A861E6B74464A6612983AE5F_label_en-US" xlink:label="lab_bac_CarryingValueOfWrittenCreditDerivativesWithIdenticalReferencedUnderlyingHeldByEntity_A1007C82A861E6B74464A6612983AE5F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Carrying Value of Written Credit Derivatives With Identical Referenced Underlying Held by Entity </link:label>
<link:label id="lab_bac_CarryingValueOfWrittenCreditDerivativesWithIdenticalReferencedUnderlyingHeldByEntity_A1007C82A861E6B74464A6612983AE5F_documentation_en-US" xlink:label="lab_bac_CarryingValueOfWrittenCreditDerivativesWithIdenticalReferencedUnderlyingHeldByEntity_A1007C82A861E6B74464A6612983AE5F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents the carrying value of written credit derivatives for which purchased credit derivatives with identical underlying referenced names were held in order to offset exposure. </link:label>
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<link:label id="lab_us-gaap_OtherComprehensiveIncomeAmortizationOfDefinedBenefitPlanNetPriorServiceCostCreditRecognizedInNetPeriodicBenefitCostBeforeTax_D67E36181ABA8FC483F6F96D10897775_terseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeAmortizationOfDefinedBenefitPlanNetPriorServiceCostCreditRecognizedInNetPeriodicBenefitCostBeforeTax_D67E36181ABA8FC483F6F96D10897775" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Amortization of Prior Service Credit (Cost) </link:label>
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<link:label id="lab_us-gaap_OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlanNetTransitionAssetObligationRecognizedInNetPeriodicBenefitCostBeforeTax_E78CD7E1B1F2E3329006F96DDBB2C0BA_terseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlanNetTransitionAssetObligationRecognizedInNetPeriodicBenefitCostBeforeTax_E78CD7E1B1F2E3329006F96DDBB2C0BA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Amortization of Transition Obligation </link:label>
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<link:label id="lab_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_91DD7985B21C90CDEC3AC91F62ED0C5A_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_91DD7985B21C90CDEC3AC91F62ED0C5A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table] </link:label>
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<link:label id="lab_us-gaap_SubsequentEventTypeDomain_8F41501F4FECB5735A3B9971D9778C9F_label_en-US" xlink:label="lab_us-gaap_SubsequentEventTypeDomain_8F41501F4FECB5735A3B9971D9778C9F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Subsequent Event Type [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="loc_us-gaap_SubsequentEventTypeDomain_8F41501F4FECB5735A3B9971D9778C9F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SubsequentEventTypeDomain_8F41501F4FECB5735A3B9971D9778C9F" xlink:to="lab_us-gaap_SubsequentEventTypeDomain_8F41501F4FECB5735A3B9971D9778C9F" xlink:type="arc"/>
<link:label id="lab_bac_EmployeeYearEndIncentiveMember_9AA8F3AA8C98EB0CB4B299731F847B2E_terseLabel_en-US" xlink:label="lab_bac_EmployeeYearEndIncentiveMember_9AA8F3AA8C98EB0CB4B299731F847B2E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Employee Year-End Incentive [Member] </link:label>
<link:label id="lab_bac_EmployeeYearEndIncentiveMember_9AA8F3AA8C98EB0CB4B299731F847B2E_label_en-US" xlink:label="lab_bac_EmployeeYearEndIncentiveMember_9AA8F3AA8C98EB0CB4B299731F847B2E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Employee Year-End Incentive [Member] </link:label>
<link:label id="lab_bac_EmployeeYearEndIncentiveMember_9AA8F3AA8C98EB0CB4B299731F847B2E_documentation_en-US" xlink:label="lab_bac_EmployeeYearEndIncentiveMember_9AA8F3AA8C98EB0CB4B299731F847B2E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Employee Year-End Incentive [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_EmployeeYearEndIncentiveMember" xlink:label="loc_bac_EmployeeYearEndIncentiveMember_9AA8F3AA8C98EB0CB4B299731F847B2E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_EmployeeYearEndIncentiveMember_9AA8F3AA8C98EB0CB4B299731F847B2E" xlink:to="lab_bac_EmployeeYearEndIncentiveMember_9AA8F3AA8C98EB0CB4B299731F847B2E" xlink:type="arc"/>
<link:label id="lab_us-gaap_ScheduleOfShareBasedCompensationArrangementByShareBasedPaymentAwardAwardTypeAndPlanNameAxis_E24F854026C1162D787ECA0A948E63A0_label_en-US" xlink:label="lab_us-gaap_ScheduleOfShareBasedCompensationArrangementByShareBasedPaymentAwardAwardTypeAndPlanNameAxis_E24F854026C1162D787ECA0A948E63A0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Award Type and Plan Name [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementByShareBasedPaymentAwardAwardTypeAndPlanNameAxis" xlink:label="loc_us-gaap_ScheduleOfShareBasedCompensationArrangementByShareBasedPaymentAwardAwardTypeAndPlanNameAxis_E24F854026C1162D787ECA0A948E63A0" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfShareBasedCompensationArrangementByShareBasedPaymentAwardAwardTypeAndPlanNameAxis_E24F854026C1162D787ECA0A948E63A0" xlink:to="lab_us-gaap_ScheduleOfShareBasedCompensationArrangementByShareBasedPaymentAwardAwardTypeAndPlanNameAxis_E24F854026C1162D787ECA0A948E63A0" xlink:type="arc"/>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_E8374B5292C4FC40828CCA14BB0BE850_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_E8374B5292C4FC40828CCA14BB0BE850" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangements by Share-based Payment Award, Award Type and Plan Name [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_E8374B5292C4FC40828CCA14BB0BE850" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_E8374B5292C4FC40828CCA14BB0BE850" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_E8374B5292C4FC40828CCA14BB0BE850" xlink:type="arc"/>
<link:label id="lab_bac_RestrictedStockVestingPlanTwoMember_39CF3935BF713E7EC98FC98FD220885E_label_en-US" xlink:label="lab_bac_RestrictedStockVestingPlanTwoMember_39CF3935BF713E7EC98FC98FD220885E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Restricted Stock - Vesting Plan Two [Member] </link:label>
<link:label id="lab_bac_RestrictedStockVestingPlanTwoMember_39CF3935BF713E7EC98FC98FD220885E_documentation_en-US" xlink:label="lab_bac_RestrictedStockVestingPlanTwoMember_39CF3935BF713E7EC98FC98FD220885E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Restricted Stock - Vesting Plan Two [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_RestrictedStockVestingPlanTwoMember" xlink:label="loc_bac_RestrictedStockVestingPlanTwoMember_39CF3935BF713E7EC98FC98FD220885E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_RestrictedStockVestingPlanTwoMember_39CF3935BF713E7EC98FC98FD220885E" xlink:to="lab_bac_RestrictedStockVestingPlanTwoMember_39CF3935BF713E7EC98FC98FD220885E" xlink:type="arc"/>
<link:label id="lab_bac_RestrictedStockFinancialAdvisorsMember_F3F5CF43C3884A3E1453C9920AE4780C_label_en-US" xlink:label="lab_bac_RestrictedStockFinancialAdvisorsMember_F3F5CF43C3884A3E1453C9920AE4780C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Restricted Stock - Financial Advisors [Member] </link:label>
<link:label id="lab_bac_RestrictedStockFinancialAdvisorsMember_F3F5CF43C3884A3E1453C9920AE4780C_documentation_en-US" xlink:label="lab_bac_RestrictedStockFinancialAdvisorsMember_F3F5CF43C3884A3E1453C9920AE4780C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Restricted Stock - Financial Advisors [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_RestrictedStockFinancialAdvisorsMember" xlink:label="loc_bac_RestrictedStockFinancialAdvisorsMember_F3F5CF43C3884A3E1453C9920AE4780C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_RestrictedStockFinancialAdvisorsMember_F3F5CF43C3884A3E1453C9920AE4780C" xlink:to="lab_bac_RestrictedStockFinancialAdvisorsMember_F3F5CF43C3884A3E1453C9920AE4780C" xlink:type="arc"/>
<link:label id="lab_bac_RestrictedStock2011PlanMember_819D354E90E450D77B13C98D19F62C67_terseLabel_en-US" xlink:label="lab_bac_RestrictedStock2011PlanMember_819D354E90E450D77B13C98D19F62C67" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Restricted Stock - 2011 Plan [Member] </link:label>
<link:label id="lab_bac_RestrictedStock2011PlanMember_819D354E90E450D77B13C98D19F62C67_label_en-US" xlink:label="lab_bac_RestrictedStock2011PlanMember_819D354E90E450D77B13C98D19F62C67" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Restricted Stock 2011 Plan [Member] </link:label>
<link:label id="lab_bac_RestrictedStock2011PlanMember_819D354E90E450D77B13C98D19F62C67_documentation_en-US" xlink:label="lab_bac_RestrictedStock2011PlanMember_819D354E90E450D77B13C98D19F62C67" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Restricted Stock - 2011 Plan [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_RestrictedStock2011PlanMember" xlink:label="loc_bac_RestrictedStock2011PlanMember_819D354E90E450D77B13C98D19F62C67" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_RestrictedStock2011PlanMember_819D354E90E450D77B13C98D19F62C67" xlink:to="lab_bac_RestrictedStock2011PlanMember_819D354E90E450D77B13C98D19F62C67" xlink:type="arc"/>
<link:label id="lab_bac_RestrictedStock2009PlanMember_D82F766EA29AEABE3C1199767A0F904A_terseLabel_en-US" xlink:label="lab_bac_RestrictedStock2009PlanMember_D82F766EA29AEABE3C1199767A0F904A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Restricted Stock - 2009 Plan [Member] </link:label>
<link:label id="lab_bac_RestrictedStock2009PlanMember_D82F766EA29AEABE3C1199767A0F904A_label_en-US" xlink:label="lab_bac_RestrictedStock2009PlanMember_D82F766EA29AEABE3C1199767A0F904A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Restricted Stock - 2009 Plan [Member] </link:label>
<link:label id="lab_bac_RestrictedStock2009PlanMember_D82F766EA29AEABE3C1199767A0F904A_documentation_en-US" xlink:label="lab_bac_RestrictedStock2009PlanMember_D82F766EA29AEABE3C1199767A0F904A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Restricted Stock - 2009 Plan [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_RestrictedStock2009PlanMember" xlink:label="loc_bac_RestrictedStock2009PlanMember_D82F766EA29AEABE3C1199767A0F904A" xlink:type="locator"/>
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<link:label id="lab_bac_RestrictedStockPlansPriorTo2009Member_D29B8EA5196ED7EE721D9976D80041BC_terseLabel_en-US" xlink:label="lab_bac_RestrictedStockPlansPriorTo2009Member_D29B8EA5196ED7EE721D9976D80041BC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Restricted Stock - Plans Prior to 2009 [Member] </link:label>
<link:label id="lab_bac_RestrictedStockPlansPriorTo2009Member_D29B8EA5196ED7EE721D9976D80041BC_label_en-US" xlink:label="lab_bac_RestrictedStockPlansPriorTo2009Member_D29B8EA5196ED7EE721D9976D80041BC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Restricted Stock - Plans Prior to 2009 [Member] </link:label>
<link:label id="lab_bac_RestrictedStockPlansPriorTo2009Member_D29B8EA5196ED7EE721D9976D80041BC_documentation_en-US" xlink:label="lab_bac_RestrictedStockPlansPriorTo2009Member_D29B8EA5196ED7EE721D9976D80041BC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Restricted Stock - Plans Prior to 2009 [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_RestrictedStockPlansPriorTo2009Member" xlink:label="loc_bac_RestrictedStockPlansPriorTo2009Member_D29B8EA5196ED7EE721D9976D80041BC" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_RestrictedStockPlansPriorTo2009Member_D29B8EA5196ED7EE721D9976D80041BC" xlink:to="lab_bac_RestrictedStockPlansPriorTo2009Member_D29B8EA5196ED7EE721D9976D80041BC" xlink:type="arc"/>
<link:label id="lab_us-gaap_EmployeeStockOptionMember_3B9D2070126AD26A411E9981E2E1300B_terseLabel_en-US" xlink:label="lab_us-gaap_EmployeeStockOptionMember_3B9D2070126AD26A411E9981E2E1300B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Employee Stock Option [Member] </link:label>
<link:label id="lab_us-gaap_EmployeeStockOptionMember_3B9D2070126AD26A411E9981E2E1300B_label_en-US" xlink:label="lab_us-gaap_EmployeeStockOptionMember_3B9D2070126AD26A411E9981E2E1300B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Employee Stock Option [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_EmployeeStockOptionMember" xlink:label="loc_us-gaap_EmployeeStockOptionMember_3B9D2070126AD26A411E9981E2E1300B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EmployeeStockOptionMember_3B9D2070126AD26A411E9981E2E1300B" xlink:to="lab_us-gaap_EmployeeStockOptionMember_3B9D2070126AD26A411E9981E2E1300B" xlink:type="arc"/>
<link:label id="lab_us-gaap_DeferredCompensationArrangementWithIndividualShareBasedPaymentsByTypeOfDeferredCompensationAxis_B023FA6DE489392935BCC9876A23AC83_label_en-US" xlink:label="lab_us-gaap_DeferredCompensationArrangementWithIndividualShareBasedPaymentsByTypeOfDeferredCompensationAxis_B023FA6DE489392935BCC9876A23AC83" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Deferred Compensation Arrangement with Individual, Share-based Payments, by Type of Deferred Compensation [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DeferredCompensationArrangementWithIndividualShareBasedPaymentsByTypeOfDeferredCompensationAxis" xlink:label="loc_us-gaap_DeferredCompensationArrangementWithIndividualShareBasedPaymentsByTypeOfDeferredCompensationAxis_B023FA6DE489392935BCC9876A23AC83" xlink:type="locator"/>
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<link:label id="lab_us-gaap_TypeOfDeferredCompensationDomain_53F9FC3FC1E0E9B0FC78C98DCD5B8670_label_en-US" xlink:label="lab_us-gaap_TypeOfDeferredCompensationDomain_53F9FC3FC1E0E9B0FC78C98DCD5B8670" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Type of Deferred Compensation [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_TypeOfDeferredCompensationDomain" xlink:label="loc_us-gaap_TypeOfDeferredCompensationDomain_53F9FC3FC1E0E9B0FC78C98DCD5B8670" xlink:type="locator"/>
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<link:label id="lab_bac_KeyEmployeeStockPlanMember_3E928FA4A68FCEDFBF92C9AB5108076D_label_en-US" xlink:label="lab_bac_KeyEmployeeStockPlanMember_3E928FA4A68FCEDFBF92C9AB5108076D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Key Employee Stock Plan [Member] </link:label>
<link:label id="lab_bac_KeyEmployeeStockPlanMember_3E928FA4A68FCEDFBF92C9AB5108076D_documentation_en-US" xlink:label="lab_bac_KeyEmployeeStockPlanMember_3E928FA4A68FCEDFBF92C9AB5108076D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Key Employee Stock Plan. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_KeyEmployeeStockPlanMember" xlink:label="loc_bac_KeyEmployeeStockPlanMember_3E928FA4A68FCEDFBF92C9AB5108076D" xlink:type="locator"/>
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<link:label id="lab_bac_KeyAssociateStockPlanMember_2EFF98E13738675CFC53C9BB226391C2_label_en-US" xlink:label="lab_bac_KeyAssociateStockPlanMember_2EFF98E13738675CFC53C9BB226391C2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Key Associate Stock Plan [Member] </link:label>
<link:label id="lab_bac_KeyAssociateStockPlanMember_2EFF98E13738675CFC53C9BB226391C2_documentation_en-US" xlink:label="lab_bac_KeyAssociateStockPlanMember_2EFF98E13738675CFC53C9BB226391C2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Key Associate Stock Plan. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_KeyAssociateStockPlanMember" xlink:label="loc_bac_KeyAssociateStockPlanMember_2EFF98E13738675CFC53C9BB226391C2" xlink:type="locator"/>
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<link:label id="lab_bac_EmployeeStockPurchasePlanMember_F11DB84F2490BD835D61CA1D4F0E6447_label_en-US" xlink:label="lab_bac_EmployeeStockPurchasePlanMember_F11DB84F2490BD835D61CA1D4F0E6447" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Employee Stock Purchase Plan [Member] </link:label>
<link:label id="lab_bac_EmployeeStockPurchasePlanMember_F11DB84F2490BD835D61CA1D4F0E6447_documentation_en-US" xlink:label="lab_bac_EmployeeStockPurchasePlanMember_F11DB84F2490BD835D61CA1D4F0E6447" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Employee Stock Purchase Plan. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_EmployeeStockPurchasePlanMember" xlink:label="loc_bac_EmployeeStockPurchasePlanMember_F11DB84F2490BD835D61CA1D4F0E6447" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_EmployeeStockPurchasePlanMember_F11DB84F2490BD835D61CA1D4F0E6447" xlink:to="lab_bac_EmployeeStockPurchasePlanMember_F11DB84F2490BD835D61CA1D4F0E6447" xlink:type="arc"/>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_98884F6FE52DA7F252AAC91CD8D8E8A1_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_98884F6FE52DA7F252AAC91CD8D8E8A1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_98884F6FE52DA7F252AAC91CD8D8E8A1" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_8949DAABF64EB950140AA749DD2B3CA1_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_8949DAABF64EB950140AA749DD2B3CA1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross </link:label>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_8949DAABF64EB950140AA749DD2B3CA1_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_8949DAABF64EB950140AA749DD2B3CA1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_8949DAABF64EB950140AA749DD2B3CA1" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AllocatedShareBasedCompensationExpense_E32BA665D36DA77975D8C920EF605BF1_terseLabel_en-US" xlink:label="lab_us-gaap_AllocatedShareBasedCompensationExpense_E32BA665D36DA77975D8C920EF605BF1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Allocated Share-based Compensation Expense </link:label>
<link:label id="lab_us-gaap_AllocatedShareBasedCompensationExpense_E32BA665D36DA77975D8C920EF605BF1_label_en-US" xlink:label="lab_us-gaap_AllocatedShareBasedCompensationExpense_E32BA665D36DA77975D8C920EF605BF1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Allocated Share-based Compensation Expense </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AllocatedShareBasedCompensationExpense" xlink:label="loc_us-gaap_AllocatedShareBasedCompensationExpense_E32BA665D36DA77975D8C920EF605BF1" xlink:type="locator"/>
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<link:label id="lab_us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense_2FF0187ADABE7C0DB145C99B86CB8630_terseLabel_en-US" xlink:label="lab_us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense_2FF0187ADABE7C0DB145C99B86CB8630" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Tax Benefit from Compensation Expense </link:label>
<link:label id="lab_us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense_2FF0187ADABE7C0DB145C99B86CB8630_label_en-US" xlink:label="lab_us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense_2FF0187ADABE7C0DB145C99B86CB8630" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Employee Service Share-based Compensation, Tax Benefit from Compensation Expense </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense" xlink:label="loc_us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense_2FF0187ADABE7C0DB145C99B86CB8630" xlink:type="locator"/>
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<link:label id="lab_bac_StockBasedCompensationSharesIssuedImmediatelyTradableShares_D6787B050A065A1ACDB0996F4B74619A_terseLabel_en-US" xlink:label="lab_bac_StockBasedCompensationSharesIssuedImmediatelyTradableShares_D6787B050A065A1ACDB0996F4B74619A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Stock Based Compensation, Shares Issued, Immediately Tradable, Shares </link:label>
<link:label id="lab_bac_StockBasedCompensationSharesIssuedImmediatelyTradableShares_D6787B050A065A1ACDB0996F4B74619A_label_en-US" xlink:label="lab_bac_StockBasedCompensationSharesIssuedImmediatelyTradableShares_D6787B050A065A1ACDB0996F4B74619A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stock Based Compensation, Shares Issued, Immediately Tradable, Shares </link:label>
<link:label id="lab_bac_StockBasedCompensationSharesIssuedImmediatelyTradableShares_D6787B050A065A1ACDB0996F4B74619A_documentation_en-US" xlink:label="lab_bac_StockBasedCompensationSharesIssuedImmediatelyTradableShares_D6787B050A065A1ACDB0996F4B74619A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Stock Based Compensation, Shares Issued, Immediately Tradable, Shares </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_StockBasedCompensationSharesIssuedImmediatelyTradableShares" xlink:label="loc_bac_StockBasedCompensationSharesIssuedImmediatelyTradableShares_D6787B050A065A1ACDB0996F4B74619A" xlink:type="locator"/>
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<link:label id="lab_bac_StockBasedCompensationSharesIssuedImmediatelyTradableValueNetOfTax_4CA257C9A14938801A96997167758330_terseLabel_en-US" xlink:label="lab_bac_StockBasedCompensationSharesIssuedImmediatelyTradableValueNetOfTax_4CA257C9A14938801A96997167758330" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Stock Based Compensation, Shares Issued, Immediately Tradable, Value, Net of Tax </link:label>
<link:label id="lab_bac_StockBasedCompensationSharesIssuedImmediatelyTradableValueNetOfTax_4CA257C9A14938801A96997167758330_label_en-US" xlink:label="lab_bac_StockBasedCompensationSharesIssuedImmediatelyTradableValueNetOfTax_4CA257C9A14938801A96997167758330" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stock Based Compensation, Shares Issued, Immediately Tradable, Value, Net of Tax </link:label>
<link:label id="lab_bac_StockBasedCompensationSharesIssuedImmediatelyTradableValueNetOfTax_4CA257C9A14938801A96997167758330_documentation_en-US" xlink:label="lab_bac_StockBasedCompensationSharesIssuedImmediatelyTradableValueNetOfTax_4CA257C9A14938801A96997167758330" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Stock Based Compensation, Shares Issued, Immediately Tradable, Value, Net of Tax </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_StockBasedCompensationSharesIssuedImmediatelyTradableValueNetOfTax" xlink:label="loc_bac_StockBasedCompensationSharesIssuedImmediatelyTradableValueNetOfTax_4CA257C9A14938801A96997167758330" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_StockBasedCompensationSharesIssuedImmediatelyTradableValueNetOfTax_4CA257C9A14938801A96997167758330" xlink:to="lab_bac_StockBasedCompensationSharesIssuedImmediatelyTradableValueNetOfTax_4CA257C9A14938801A96997167758330" xlink:type="arc"/>
<link:label id="lab_bac_OptionsGrantedToPurchaseNumberSharesOfCommonStock_0FB03A21ABA5BBB118B0C9A709B9AB0E_terseLabel_en-US" xlink:label="lab_bac_OptionsGrantedToPurchaseNumberSharesOfCommonStock_0FB03A21ABA5BBB118B0C9A709B9AB0E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Options Granted To Purchase Number Shares Of Common Stock </link:label>
<link:label id="lab_bac_OptionsGrantedToPurchaseNumberSharesOfCommonStock_0FB03A21ABA5BBB118B0C9A709B9AB0E_label_en-US" xlink:label="lab_bac_OptionsGrantedToPurchaseNumberSharesOfCommonStock_0FB03A21ABA5BBB118B0C9A709B9AB0E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Options Granted To Purchase Number Shares Of Common Stock </link:label>
<link:label id="lab_bac_OptionsGrantedToPurchaseNumberSharesOfCommonStock_0FB03A21ABA5BBB118B0C9A709B9AB0E_documentation_en-US" xlink:label="lab_bac_OptionsGrantedToPurchaseNumberSharesOfCommonStock_0FB03A21ABA5BBB118B0C9A709B9AB0E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents the granted option to purchase a number of common stock shares. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_OptionsGrantedToPurchaseNumberSharesOfCommonStock" xlink:label="loc_bac_OptionsGrantedToPurchaseNumberSharesOfCommonStock_0FB03A21ABA5BBB118B0C9A709B9AB0E" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized_CB861A7018E411D7CF25C9B966920825_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized_CB861A7018E411D7CF25C9B966920825" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Number of Shares Authorized </link:label>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized_CB861A7018E411D7CF25C9B966920825_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized_CB861A7018E411D7CF25C9B966920825" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized_CB861A7018E411D7CF25C9B966920825" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized_CB861A7018E411D7CF25C9B966920825" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized_CB861A7018E411D7CF25C9B966920825" xlink:type="arc"/>
<link:label id="lab_bac_RestrictedStockUnitsGrantedShares_F034E7F8BCD012524380C9DDF5181008_terseLabel_en-US" xlink:label="lab_bac_RestrictedStockUnitsGrantedShares_F034E7F8BCD012524380C9DDF5181008" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Restricted Stock Units Granted Shares </link:label>
<link:label id="lab_bac_RestrictedStockUnitsGrantedShares_F034E7F8BCD012524380C9DDF5181008_label_en-US" xlink:label="lab_bac_RestrictedStockUnitsGrantedShares_F034E7F8BCD012524380C9DDF5181008" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Restricted Stock Units Granted Shares </link:label>
<link:label id="lab_bac_RestrictedStockUnitsGrantedShares_F034E7F8BCD012524380C9DDF5181008_documentation_en-US" xlink:label="lab_bac_RestrictedStockUnitsGrantedShares_F034E7F8BCD012524380C9DDF5181008" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents the shares of restricted stock units granted. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_RestrictedStockUnitsGrantedShares" xlink:label="loc_bac_RestrictedStockUnitsGrantedShares_F034E7F8BCD012524380C9DDF5181008" xlink:type="locator"/>
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<link:label id="lab_bac_OutstandingRestrictedStockUnits_D84EE688B6589405394AC9E7BE2C4306_terseLabel_en-US" xlink:label="lab_bac_OutstandingRestrictedStockUnits_D84EE688B6589405394AC9E7BE2C4306" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Outstanding Restricted Stock Units </link:label>
<link:label id="lab_bac_OutstandingRestrictedStockUnits_D84EE688B6589405394AC9E7BE2C4306_label_en-US" xlink:label="lab_bac_OutstandingRestrictedStockUnits_D84EE688B6589405394AC9E7BE2C4306" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Outstanding Restricted Stock Units </link:label>
<link:label id="lab_bac_OutstandingRestrictedStockUnits_D84EE688B6589405394AC9E7BE2C4306_documentation_en-US" xlink:label="lab_bac_OutstandingRestrictedStockUnits_D84EE688B6589405394AC9E7BE2C4306" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents the outstanding shares (in units) of restricted stock. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_OutstandingRestrictedStockUnits" xlink:label="loc_bac_OutstandingRestrictedStockUnits_D84EE688B6589405394AC9E7BE2C4306" xlink:type="locator"/>
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<link:label id="lab_bac_NumberOfOutstandingSharesForAwardsUnderFacaap_AB51B2C8D27EAA93F431CA21307DFACC_terseLabel_en-US" xlink:label="lab_bac_NumberOfOutstandingSharesForAwardsUnderFacaap_AB51B2C8D27EAA93F431CA21307DFACC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Number Of Outstanding Shares For Awards Under Facaap </link:label>
<link:label id="lab_bac_NumberOfOutstandingSharesForAwardsUnderFacaap_AB51B2C8D27EAA93F431CA21307DFACC_label_en-US" xlink:label="lab_bac_NumberOfOutstandingSharesForAwardsUnderFacaap_AB51B2C8D27EAA93F431CA21307DFACC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Number Of Outstanding Shares For Awards Under Facaap </link:label>
<link:label id="lab_bac_NumberOfOutstandingSharesForAwardsUnderFacaap_AB51B2C8D27EAA93F431CA21307DFACC_documentation_en-US" xlink:label="lab_bac_NumberOfOutstandingSharesForAwardsUnderFacaap_AB51B2C8D27EAA93F431CA21307DFACC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents the number of shares outstanding under the FACAAP. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_NumberOfOutstandingSharesForAwardsUnderFacaap" xlink:label="loc_bac_NumberOfOutstandingSharesForAwardsUnderFacaap_AB51B2C8D27EAA93F431CA21307DFACC" xlink:type="locator"/>
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<link:label id="lab_bac_MinimumEligibleCompensationToPurchaseCommonStockUnderEspp_24F66F2B100D4B315BD1CA2C046C7C29_terseLabel_en-US" xlink:label="lab_bac_MinimumEligibleCompensationToPurchaseCommonStockUnderEspp_24F66F2B100D4B315BD1CA2C046C7C29" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Minimum Eligible Compensation To Purchase Common Stock Under Espp </link:label>
<link:label id="lab_bac_MinimumEligibleCompensationToPurchaseCommonStockUnderEspp_24F66F2B100D4B315BD1CA2C046C7C29_label_en-US" xlink:label="lab_bac_MinimumEligibleCompensationToPurchaseCommonStockUnderEspp_24F66F2B100D4B315BD1CA2C046C7C29" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Minimum Eligible Compensation To Purchase Common Stock Under Espp </link:label>
<link:label id="lab_bac_MinimumEligibleCompensationToPurchaseCommonStockUnderEspp_24F66F2B100D4B315BD1CA2C046C7C29_documentation_en-US" xlink:label="lab_bac_MinimumEligibleCompensationToPurchaseCommonStockUnderEspp_24F66F2B100D4B315BD1CA2C046C7C29" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents the minimum percentage of eligible compensation to purchase the Corporation's common stock under the Employee Stock Purchase Plan. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_MinimumEligibleCompensationToPurchaseCommonStockUnderEspp" xlink:label="loc_bac_MinimumEligibleCompensationToPurchaseCommonStockUnderEspp_24F66F2B100D4B315BD1CA2C046C7C29" xlink:type="locator"/>
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<link:label id="lab_bac_MaximumEligibleCompensationToPurchaseCommonStockUnderEspp_CA0953F68D6D91A22260CA2E92DB83EA_terseLabel_en-US" xlink:label="lab_bac_MaximumEligibleCompensationToPurchaseCommonStockUnderEspp_CA0953F68D6D91A22260CA2E92DB83EA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Maximum Eligible Compensation To Purchase Common Stock Under Espp </link:label>
<link:label id="lab_bac_MaximumEligibleCompensationToPurchaseCommonStockUnderEspp_CA0953F68D6D91A22260CA2E92DB83EA_label_en-US" xlink:label="lab_bac_MaximumEligibleCompensationToPurchaseCommonStockUnderEspp_CA0953F68D6D91A22260CA2E92DB83EA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Maximum Eligible Compensation To Purchase Common Stock Under Espp </link:label>
<link:label id="lab_bac_MaximumEligibleCompensationToPurchaseCommonStockUnderEspp_CA0953F68D6D91A22260CA2E92DB83EA_documentation_en-US" xlink:label="lab_bac_MaximumEligibleCompensationToPurchaseCommonStockUnderEspp_CA0953F68D6D91A22260CA2E92DB83EA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents the maximum percentage of eligible compensation to purchase the Corporation's common stock under the Employee Stock Purchase Plan. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_MaximumEligibleCompensationToPurchaseCommonStockUnderEspp" xlink:label="loc_bac_MaximumEligibleCompensationToPurchaseCommonStockUnderEspp_CA0953F68D6D91A22260CA2E92DB83EA" xlink:type="locator"/>
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<link:label id="lab_bac_MaximumDiscountOnPurchases_51E4B317DE743D6C79F8CA3022B9D81F_terseLabel_en-US" xlink:label="lab_bac_MaximumDiscountOnPurchases_51E4B317DE743D6C79F8CA3022B9D81F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Maximum Discount On Purchases </link:label>
<link:label id="lab_bac_MaximumDiscountOnPurchases_51E4B317DE743D6C79F8CA3022B9D81F_label_en-US" xlink:label="lab_bac_MaximumDiscountOnPurchases_51E4B317DE743D6C79F8CA3022B9D81F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Maximum Discount On Purchases </link:label>
<link:label id="lab_bac_MaximumDiscountOnPurchases_51E4B317DE743D6C79F8CA3022B9D81F_documentation_en-US" xlink:label="lab_bac_MaximumDiscountOnPurchases_51E4B317DE743D6C79F8CA3022B9D81F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents the maximum discount of purchases for the Employee Stock Purchase Plan. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_MaximumDiscountOnPurchases" xlink:label="loc_bac_MaximumDiscountOnPurchases_51E4B317DE743D6C79F8CA3022B9D81F" xlink:type="locator"/>
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<link:label id="lab_bac_MaximumAnnualContributionPerEmployee_D6DB68A3E72495438776CA3258AC31B5_terseLabel_en-US" xlink:label="lab_bac_MaximumAnnualContributionPerEmployee_D6DB68A3E72495438776CA3258AC31B5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Maximum Annual Contribution Per Employee </link:label>
<link:label id="lab_bac_MaximumAnnualContributionPerEmployee_D6DB68A3E72495438776CA3258AC31B5_label_en-US" xlink:label="lab_bac_MaximumAnnualContributionPerEmployee_D6DB68A3E72495438776CA3258AC31B5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Maximum Annual Contribution Per Employee </link:label>
<link:label id="lab_bac_MaximumAnnualContributionPerEmployee_D6DB68A3E72495438776CA3258AC31B5_documentation_en-US" xlink:label="lab_bac_MaximumAnnualContributionPerEmployee_D6DB68A3E72495438776CA3258AC31B5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents the maximum annual contribution per employee. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_MaximumAnnualContributionPerEmployee" xlink:label="loc_bac_MaximumAnnualContributionPerEmployee_D6DB68A3E72495438776CA3258AC31B5" xlink:type="locator"/>
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<link:label id="lab_bac_SharesOutstandingUnderEspp_31F134564AD07C67F624CA3922F434B2_terseLabel_en-US" xlink:label="lab_bac_SharesOutstandingUnderEspp_31F134564AD07C67F624CA3922F434B2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Shares Outstanding Under Espp </link:label>
<link:label id="lab_bac_SharesOutstandingUnderEspp_31F134564AD07C67F624CA3922F434B2_label_en-US" xlink:label="lab_bac_SharesOutstandingUnderEspp_31F134564AD07C67F624CA3922F434B2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Shares Outstanding Under Espp </link:label>
<link:label id="lab_bac_SharesOutstandingUnderEspp_31F134564AD07C67F624CA3922F434B2_documentation_en-US" xlink:label="lab_bac_SharesOutstandingUnderEspp_31F134564AD07C67F624CA3922F434B2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Shares outstanding under ESPP. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_SharesOutstandingUnderEspp" xlink:label="loc_bac_SharesOutstandingUnderEspp_31F134564AD07C67F624CA3922F434B2" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_SharesOutstandingUnderEspp_31F134564AD07C67F624CA3922F434B2" xlink:to="lab_bac_SharesOutstandingUnderEspp_31F134564AD07C67F624CA3922F434B2" xlink:type="arc"/>
<link:label id="lab_bac_ExercisedPriceOfEachEsppStockPurchaseRights_7E9639789F504D7DAD8DCA43627CD535_terseLabel_en-US" xlink:label="lab_bac_ExercisedPriceOfEachEsppStockPurchaseRights_7E9639789F504D7DAD8DCA43627CD535" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Exercised Price Of Each Espp Stock Purchase Rights </link:label>
<link:label id="lab_bac_ExercisedPriceOfEachEsppStockPurchaseRights_7E9639789F504D7DAD8DCA43627CD535_label_en-US" xlink:label="lab_bac_ExercisedPriceOfEachEsppStockPurchaseRights_7E9639789F504D7DAD8DCA43627CD535" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Exercised Price Of Each Espp Stock Purchase Rights </link:label>
<link:label id="lab_bac_ExercisedPriceOfEachEsppStockPurchaseRights_7E9639789F504D7DAD8DCA43627CD535_documentation_en-US" xlink:label="lab_bac_ExercisedPriceOfEachEsppStockPurchaseRights_7E9639789F504D7DAD8DCA43627CD535" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents the weighted-average fair value of ESPP stock purchase rights by employees. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ExercisedPriceOfEachEsppStockPurchaseRights" xlink:label="loc_bac_ExercisedPriceOfEachEsppStockPurchaseRights_7E9639789F504D7DAD8DCA43627CD535" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_1642CAA37BE43E46CF0CCA5D0F989456_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_1642CAA37BE43E46CF0CCA5D0F989456" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Restricted Stock/Unit Details </link:label>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_1642CAA37BE43E46CF0CCA5D0F989456_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_1642CAA37BE43E46CF0CCA5D0F989456" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested [Roll Forward] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_1642CAA37BE43E46CF0CCA5D0F989456" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_1642CAA37BE43E46CF0CCA5D0F989456" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_1642CAA37BE43E46CF0CCA5D0F989456" xlink:type="arc"/>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_0D66FB256AFEC725A489CA5A1D9589E9_periodStartLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_0D66FB256AFEC725A489CA5A1D9589E9" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US"> Outstanding at January 1, 2011 </link:label>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_0D66FB256AFEC725A489CA5A1D9589E9_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_0D66FB256AFEC725A489CA5A1D9589E9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_0D66FB256AFEC725A489CA5A1D9589E9" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_0D66FB256AFEC725A489CA5A1D9589E9" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_0D66FB256AFEC725A489CA5A1D9589E9" xlink:type="arc"/>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_9EEF562B863153A6D66FC9CE1E252E22_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_9EEF562B863153A6D66FC9CE1E252E22" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Granted, Shares </link:label>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_9EEF562B863153A6D66FC9CE1E252E22_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_9EEF562B863153A6D66FC9CE1E252E22" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_9EEF562B863153A6D66FC9CE1E252E22" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_9EEF562B863153A6D66FC9CE1E252E22" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_9EEF562B863153A6D66FC9CE1E252E22" xlink:type="arc"/>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_26D97F3029BD327A79B9CA63846E9227_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_26D97F3029BD327A79B9CA63846E9227" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Vested, Shares </link:label>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_26D97F3029BD327A79B9CA63846E9227_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_26D97F3029BD327A79B9CA63846E9227" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_26D97F3029BD327A79B9CA63846E9227" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_26D97F3029BD327A79B9CA63846E9227" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_26D97F3029BD327A79B9CA63846E9227" xlink:type="arc"/>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_F5D36CD467FAF9073877CA6BE2AFD6F6_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_F5D36CD467FAF9073877CA6BE2AFD6F6" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Canceled, Shares </link:label>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_F5D36CD467FAF9073877CA6BE2AFD6F6_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_F5D36CD467FAF9073877CA6BE2AFD6F6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_F5D36CD467FAF9073877CA6BE2AFD6F6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_F5D36CD467FAF9073877CA6BE2AFD6F6" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_F5D36CD467FAF9073877CA6BE2AFD6F6" xlink:type="arc"/>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_3DE72231B1BBB1242DDFCB386CA53228_periodEndLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_3DE72231B1BBB1242DDFCB386CA53228" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US"> Outstanding at December 31, 2011 </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_3DE72231B1BBB1242DDFCB386CA53228" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_3DE72231B1BBB1242DDFCB386CA53228" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_3DE72231B1BBB1242DDFCB386CA53228" xlink:type="arc"/>
<link:label id="lab_bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageExercisePrice_B3DC8C0DE3DCD57787F8CA7A5A1D2ABB_periodStartLabel_en-US" xlink:label="lab_bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageExercisePrice_B3DC8C0DE3DCD57787F8CA7A5A1D2ABB" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US"> Outstanding at January 1, 2011 (weighted average exercise price) </link:label>
<link:label id="lab_bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageExercisePrice_B3DC8C0DE3DCD57787F8CA7A5A1D2ABB_label_en-US" xlink:label="lab_bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageExercisePrice_B3DC8C0DE3DCD57787F8CA7A5A1D2ABB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Exercise Price </link:label>
<link:label id="lab_bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageExercisePrice_B3DC8C0DE3DCD57787F8CA7A5A1D2ABB_documentation_en-US" xlink:label="lab_bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageExercisePrice_B3DC8C0DE3DCD57787F8CA7A5A1D2ABB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Exercise Price. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageExercisePrice" xlink:label="loc_bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageExercisePrice_B3DC8C0DE3DCD57787F8CA7A5A1D2ABB" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageExercisePrice_B3DC8C0DE3DCD57787F8CA7A5A1D2ABB" xlink:to="lab_bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageExercisePrice_B3DC8C0DE3DCD57787F8CA7A5A1D2ABB" xlink:type="arc"/>
<link:label id="lab_bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageExercisePrice_A36F8286D5E700F7B6F0CA7D50681682_terseLabel_en-US" xlink:label="lab_bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageExercisePrice_A36F8286D5E700F7B6F0CA7D50681682" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Granted (weighted average exercise price) </link:label>
<link:label id="lab_bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageExercisePrice_A36F8286D5E700F7B6F0CA7D50681682_label_en-US" xlink:label="lab_bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageExercisePrice_A36F8286D5E700F7B6F0CA7D50681682" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Exercise Price </link:label>
<link:label id="lab_bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageExercisePrice_A36F8286D5E700F7B6F0CA7D50681682_documentation_en-US" xlink:label="lab_bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageExercisePrice_A36F8286D5E700F7B6F0CA7D50681682" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Exercise Price. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageExercisePrice" xlink:label="loc_bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageExercisePrice_A36F8286D5E700F7B6F0CA7D50681682" xlink:type="locator"/>
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<link:label id="lab_bac_Sharebasedcompensationarrangementbysharebasedpaymentawardequityinstrumentsotherthanoptionsvestedinperiodweightedaverageexerciseprice_6DA499ECD4B69425FBA6CA7F6D658DB6_terseLabel_en-US" xlink:label="lab_bac_Sharebasedcompensationarrangementbysharebasedpaymentawardequityinstrumentsotherthanoptionsvestedinperiodweightedaverageexerciseprice_6DA499ECD4B69425FBA6CA7F6D658DB6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Vested (weighted average exercise price) </link:label>
<link:label id="lab_bac_Sharebasedcompensationarrangementbysharebasedpaymentawardequityinstrumentsotherthanoptionsvestedinperiodweightedaverageexerciseprice_6DA499ECD4B69425FBA6CA7F6D658DB6_label_en-US" xlink:label="lab_bac_Sharebasedcompensationarrangementbysharebasedpaymentawardequityinstrumentsotherthanoptionsvestedinperiodweightedaverageexerciseprice_6DA499ECD4B69425FBA6CA7F6D658DB6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageExercisePrice </link:label>
<link:label id="lab_bac_Sharebasedcompensationarrangementbysharebasedpaymentawardequityinstrumentsotherthanoptionsvestedinperiodweightedaverageexerciseprice_6DA499ECD4B69425FBA6CA7F6D658DB6_documentation_en-US" xlink:label="lab_bac_Sharebasedcompensationarrangementbysharebasedpaymentawardequityinstrumentsotherthanoptionsvestedinperiodweightedaverageexerciseprice_6DA499ECD4B69425FBA6CA7F6D658DB6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Exercise Price. </link:label>
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<link:label id="lab_bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriodWeightedAverageExercisePrice_2B3B5E0511AA586BB950CA81C460468F_terseLabel_en-US" xlink:label="lab_bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriodWeightedAverageExercisePrice_2B3B5E0511AA586BB950CA81C460468F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Canceled (weighted average exercise price) </link:label>
<link:label id="lab_bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriodWeightedAverageExercisePrice_2B3B5E0511AA586BB950CA81C460468F_label_en-US" xlink:label="lab_bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriodWeightedAverageExercisePrice_2B3B5E0511AA586BB950CA81C460468F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period Weighted Average Exercise Price </link:label>
<link:label id="lab_bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriodWeightedAverageExercisePrice_2B3B5E0511AA586BB950CA81C460468F_documentation_en-US" xlink:label="lab_bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriodWeightedAverageExercisePrice_2B3B5E0511AA586BB950CA81C460468F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period Weighted Average Exercise Price. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriodWeightedAverageExercisePrice" xlink:label="loc_bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriodWeightedAverageExercisePrice_2B3B5E0511AA586BB950CA81C460468F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriodWeightedAverageExercisePrice_2B3B5E0511AA586BB950CA81C460468F" xlink:to="lab_bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriodWeightedAverageExercisePrice_2B3B5E0511AA586BB950CA81C460468F" xlink:type="arc"/>
<link:label id="lab_bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageExercisePrice_5A1B0B81FB55EC894B35CA8263ADCA1B_periodEndLabel_en-US" xlink:label="lab_bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageExercisePrice_5A1B0B81FB55EC894B35CA8263ADCA1B" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US"> Outstanding at January 1, 2011 (weighted average exercise price) </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageExercisePrice" xlink:label="loc_bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageExercisePrice_5A1B0B81FB55EC894B35CA8263ADCA1B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageExercisePrice_5A1B0B81FB55EC894B35CA8263ADCA1B" xlink:to="lab_bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageExercisePrice_5A1B0B81FB55EC894B35CA8263ADCA1B" xlink:type="arc"/>
<link:label id="lab_bac_TotalUnrecognizedCompensationCost_E19572F732E905CDA792CA96126763E9_terseLabel_en-US" xlink:label="lab_bac_TotalUnrecognizedCompensationCost_E19572F732E905CDA792CA96126763E9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total Unrecognized Compensation Cost </link:label>
<link:label id="lab_bac_TotalUnrecognizedCompensationCost_E19572F732E905CDA792CA96126763E9_label_en-US" xlink:label="lab_bac_TotalUnrecognizedCompensationCost_E19572F732E905CDA792CA96126763E9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Total Unrecognized Compensation Cost </link:label>
<link:label id="lab_bac_TotalUnrecognizedCompensationCost_E19572F732E905CDA792CA96126763E9_documentation_en-US" xlink:label="lab_bac_TotalUnrecognizedCompensationCost_E19572F732E905CDA792CA96126763E9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents the total unrecognized compensation cost related to share-based compensation arrangements. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_TotalUnrecognizedCompensationCost" xlink:label="loc_bac_TotalUnrecognizedCompensationCost_E19572F732E905CDA792CA96126763E9" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_TotalUnrecognizedCompensationCost_E19572F732E905CDA792CA96126763E9" xlink:to="lab_bac_TotalUnrecognizedCompensationCost_E19572F732E905CDA792CA96126763E9" xlink:type="arc"/>
<link:label id="lab_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition_D1A3FCB8DFD77630941C0C5A239CA359_terseLabel_en-US" xlink:label="lab_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition_D1A3FCB8DFD77630941C0C5A239CA359" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Period for Recognition </link:label>
<link:label id="lab_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition_D1A3FCB8DFD77630941C0C5A239CA359_label_en-US" xlink:label="lab_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition_D1A3FCB8DFD77630941C0C5A239CA359" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized, Period for Recognition </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition" xlink:label="loc_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition_D1A3FCB8DFD77630941C0C5A239CA359" xlink:type="locator"/>
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<link:label id="lab_bac_EmployeeServiceShareBasedCompensationUnrecognizedCompensationCostsWeightedAveragePeriodOfRecognition_574569139AABFD0899C7CAB744D982A6_terseLabel_en-US" xlink:label="lab_bac_EmployeeServiceShareBasedCompensationUnrecognizedCompensationCostsWeightedAveragePeriodOfRecognition_574569139AABFD0899C7CAB744D982A6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Employee Service Share Based Compensation Unrecognized Compensation Costs Weighted Average Period Of Recognition </link:label>
<link:label id="lab_bac_EmployeeServiceShareBasedCompensationUnrecognizedCompensationCostsWeightedAveragePeriodOfRecognition_574569139AABFD0899C7CAB744D982A6_label_en-US" xlink:label="lab_bac_EmployeeServiceShareBasedCompensationUnrecognizedCompensationCostsWeightedAveragePeriodOfRecognition_574569139AABFD0899C7CAB744D982A6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Employee Service Share Based Compensation Unrecognized Compensation Costs Weighted Average Period Of Recognition </link:label>
<link:label id="lab_bac_EmployeeServiceShareBasedCompensationUnrecognizedCompensationCostsWeightedAveragePeriodOfRecognition_574569139AABFD0899C7CAB744D982A6_documentation_en-US" xlink:label="lab_bac_EmployeeServiceShareBasedCompensationUnrecognizedCompensationCostsWeightedAveragePeriodOfRecognition_574569139AABFD0899C7CAB744D982A6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Employee Service Share Based Compensation Unrecognized Compensation Costs, Weighted Average Period Of Recognition. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_EmployeeServiceShareBasedCompensationUnrecognizedCompensationCostsWeightedAveragePeriodOfRecognition" xlink:label="loc_bac_EmployeeServiceShareBasedCompensationUnrecognizedCompensationCostsWeightedAveragePeriodOfRecognition_574569139AABFD0899C7CAB744D982A6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_EmployeeServiceShareBasedCompensationUnrecognizedCompensationCostsWeightedAveragePeriodOfRecognition_574569139AABFD0899C7CAB744D982A6" xlink:to="lab_bac_EmployeeServiceShareBasedCompensationUnrecognizedCompensationCostsWeightedAveragePeriodOfRecognition_574569139AABFD0899C7CAB744D982A6" xlink:type="arc"/>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue_21B859AB3E77DC938F6CCABF8A2B91BA_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue_21B859AB3E77DC938F6CCABF8A2B91BA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total Fair Value of Restricted Stock Vested </link:label>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue_21B859AB3E77DC938F6CCABF8A2B91BA_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue_21B859AB3E77DC938F6CCABF8A2B91BA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Total Fair Value </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue_21B859AB3E77DC938F6CCABF8A2B91BA" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue_21B859AB3E77DC938F6CCABF8A2B91BA" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue_21B859AB3E77DC938F6CCABF8A2B91BA" xlink:type="arc"/>
<link:label id="lab_us-gaap_EmployeeServiceShareBasedCompensationCashFlowEffectCashUsedToSettleAwards_954DED7282175C58A2B5CAC36EB7A6E4_terseLabel_en-US" xlink:label="lab_us-gaap_EmployeeServiceShareBasedCompensationCashFlowEffectCashUsedToSettleAwards_954DED7282175C58A2B5CAC36EB7A6E4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Employee Service Share-based Compensation, Cash Flow Effect, Cash Used to Settle Awards </link:label>
<link:label id="lab_us-gaap_EmployeeServiceShareBasedCompensationCashFlowEffectCashUsedToSettleAwards_954DED7282175C58A2B5CAC36EB7A6E4_label_en-US" xlink:label="lab_us-gaap_EmployeeServiceShareBasedCompensationCashFlowEffectCashUsedToSettleAwards_954DED7282175C58A2B5CAC36EB7A6E4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Employee Service Share-based Compensation, Cash Flow Effect, Cash Used to Settle Awards </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_EmployeeServiceShareBasedCompensationCashFlowEffectCashUsedToSettleAwards" xlink:label="loc_us-gaap_EmployeeServiceShareBasedCompensationCashFlowEffectCashUsedToSettleAwards_954DED7282175C58A2B5CAC36EB7A6E4" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EmployeeServiceShareBasedCompensationCashFlowEffectCashUsedToSettleAwards_954DED7282175C58A2B5CAC36EB7A6E4" xlink:to="lab_us-gaap_EmployeeServiceShareBasedCompensationCashFlowEffectCashUsedToSettleAwards_954DED7282175C58A2B5CAC36EB7A6E4" xlink:type="arc"/>
<link:label id="lab_bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumberAssumedInMergers_47C87BA46C782BD59D51CAE9117CEE23_terseLabel_en-US" xlink:label="lab_bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumberAssumedInMergers_47C87BA46C782BD59D51CAE9117CEE23" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Outstanding options to employees of predecessor companies assumed in mergers </link:label>
<link:label id="lab_bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumberAssumedInMergers_47C87BA46C782BD59D51CAE9117CEE23_label_en-US" xlink:label="lab_bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumberAssumedInMergers_47C87BA46C782BD59D51CAE9117CEE23" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number Assumed In Mergers </link:label>
<link:label id="lab_bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumberAssumedInMergers_47C87BA46C782BD59D51CAE9117CEE23_documentation_en-US" xlink:label="lab_bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumberAssumedInMergers_47C87BA46C782BD59D51CAE9117CEE23" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents outstanding stock options to employees of predecessor companies assumed in mergers. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumberAssumedInMergers" xlink:label="loc_bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumberAssumedInMergers_47C87BA46C782BD59D51CAE9117CEE23" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingRollForward_CA8EAA7C761E09E9B2ACCAF54E20BE77_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingRollForward_CA8EAA7C761E09E9B2ACCAF54E20BE77" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Stock Options </link:label>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingRollForward_CA8EAA7C761E09E9B2ACCAF54E20BE77_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingRollForward_CA8EAA7C761E09E9B2ACCAF54E20BE77" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingRollForward" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingRollForward_CA8EAA7C761E09E9B2ACCAF54E20BE77" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_C22F4ECE9BFBC440C10DC9D3D20B76FD_periodStartLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_C22F4ECE9BFBC440C10DC9D3D20B76FD" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US"> Outstanding at January 1, 2011 </link:label>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_C22F4ECE9BFBC440C10DC9D3D20B76FD_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_C22F4ECE9BFBC440C10DC9D3D20B76FD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number </link:label>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_A09B3B31DFCCE04BFCB1CB0AD60B96A9" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_5D8D9A846FC0AFDF36A0CAFE3E81A680_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_5D8D9A846FC0AFDF36A0CAFE3E81A680" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Options Exercisable at December 31, 2011 </link:label>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_5D8D9A846FC0AFDF36A0CAFE3E81A680" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_62EF9574B1B86CF92DC7CB038962C5C4_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_62EF9574B1B86CF92DC7CB038962C5C4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Options Exercisable at December 31, 2011 (weighted average exercise price) </link:label>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_62EF9574B1B86CF92DC7CB038962C5C4_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_62EF9574B1B86CF92DC7CB038962C5C4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Exercise Price </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_62EF9574B1B86CF92DC7CB038962C5C4" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber_49CA35180DC6C2B32AA7C9ACB529B8A5_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber_49CA35180DC6C2B32AA7C9ACB529B8A5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Options Vested and Expected to Vest </link:label>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber_49CA35180DC6C2B32AA7C9ACB529B8A5" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice_1BFFB0D7AAEF60DA85EFCB0EDD3395C1_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice_1BFFB0D7AAEF60DA85EFCB0EDD3395C1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Options Vested and Expected to Vest (weighted average exercise price) </link:label>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue_2CB3CA1854323680C83ACB2DF9F9238E" xlink:type="locator"/>
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<link:label id="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm1_4C608C393A29B901112ECB2677D63608_label_en-US" xlink:label="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm1_4C608C393A29B901112ECB2677D63608" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm1" xlink:label="loc_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm1_4C608C393A29B901112ECB2677D63608" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm1_4C608C393A29B901112ECB2677D63608" xlink:to="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm1_4C608C393A29B901112ECB2677D63608" xlink:type="arc"/>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm_A8A3DB48DF835077597ACB51E5DE708B_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm_A8A3DB48DF835077597ACB51E5DE708B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Weighted Average Remaining Contractual Term of Options Exercisable </link:label>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm_A8A3DB48DF835077597ACB51E5DE708B_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm_A8A3DB48DF835077597ACB51E5DE708B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Remaining Contractual Term </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm_A8A3DB48DF835077597ACB51E5DE708B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm_A8A3DB48DF835077597ACB51E5DE708B" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm_A8A3DB48DF835077597ACB51E5DE708B" xlink:type="arc"/>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm_CBE9751E147183AF70A0CB4FF2641027_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm_CBE9751E147183AF70A0CB4FF2641027" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Weighted Average Remaining Contractual Term of Options Vested and Expected to Vest </link:label>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm_CBE9751E147183AF70A0CB4FF2641027_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm_CBE9751E147183AF70A0CB4FF2641027" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Weighted Average Remaining Contractual Term </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm_CBE9751E147183AF70A0CB4FF2641027" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm_CBE9751E147183AF70A0CB4FF2641027" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm_CBE9751E147183AF70A0CB4FF2641027" xlink:type="arc"/>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod_51AF549B2CE3AD11C6CECB408009240F_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod_51AF549B2CE3AD11C6CECB408009240F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Award Vesting Period </link:label>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod_51AF549B2CE3AD11C6CECB408009240F_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod_51AF549B2CE3AD11C6CECB408009240F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod_51AF549B2CE3AD11C6CECB408009240F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod_51AF549B2CE3AD11C6CECB408009240F" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod_51AF549B2CE3AD11C6CECB408009240F" xlink:type="arc"/>
<link:label id="lab_bac_PeriodVestingOfRestrictedStockUnitsBegins_719DB49D2561294BD58D997C5195FC46_terseLabel_en-US" xlink:label="lab_bac_PeriodVestingOfRestrictedStockUnitsBegins_719DB49D2561294BD58D997C5195FC46" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Period Vesting of Restricted Stock Units Begins </link:label>
<link:label id="lab_bac_PeriodVestingOfRestrictedStockUnitsBegins_719DB49D2561294BD58D997C5195FC46_label_en-US" xlink:label="lab_bac_PeriodVestingOfRestrictedStockUnitsBegins_719DB49D2561294BD58D997C5195FC46" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Period Vesting of Restricted Stock Units Begins </link:label>
<link:label id="lab_bac_PeriodVestingOfRestrictedStockUnitsBegins_719DB49D2561294BD58D997C5195FC46_documentation_en-US" xlink:label="lab_bac_PeriodVestingOfRestrictedStockUnitsBegins_719DB49D2561294BD58D997C5195FC46" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Period Vesting of Restricted Stock Units Begins </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PeriodVestingOfRestrictedStockUnitsBegins" xlink:label="loc_bac_PeriodVestingOfRestrictedStockUnitsBegins_719DB49D2561294BD58D997C5195FC46" xlink:type="locator"/>
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<link:label id="lab_bac_FinancingReceivableTroubledDebtRestructuringsByProgramTypeAxis_3627725BE85278CB8AD87BF0DD4E1009_label_en-US" xlink:label="lab_bac_FinancingReceivableTroubledDebtRestructuringsByProgramTypeAxis_3627725BE85278CB8AD87BF0DD4E1009" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivable Troubled Debt Restructurings By Program Type [Axis] </link:label>
<link:label id="lab_bac_FinancingReceivableTroubledDebtRestructuringsByProgramTypeAxis_3627725BE85278CB8AD87BF0DD4E1009_documentation_en-US" xlink:label="lab_bac_FinancingReceivableTroubledDebtRestructuringsByProgramTypeAxis_3627725BE85278CB8AD87BF0DD4E1009" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Information related to troubled debt restructurings by type of program. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_FinancingReceivableTroubledDebtRestructuringsByProgramTypeAxis" xlink:label="loc_bac_FinancingReceivableTroubledDebtRestructuringsByProgramTypeAxis_3627725BE85278CB8AD87BF0DD4E1009" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_FinancingReceivableTroubledDebtRestructuringsByProgramTypeAxis_3627725BE85278CB8AD87BF0DD4E1009" xlink:to="lab_bac_FinancingReceivableTroubledDebtRestructuringsByProgramTypeAxis_3627725BE85278CB8AD87BF0DD4E1009" xlink:type="arc"/>
<link:label id="lab_bac_FinancingReceivableTroubledDebtRestructuringsByProgramTypeDomain_9F62DE6921516C89C3C77BFC4620F425_label_en-US" xlink:label="lab_bac_FinancingReceivableTroubledDebtRestructuringsByProgramTypeDomain_9F62DE6921516C89C3C77BFC4620F425" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivable Troubled Debt Restructurings By Program Type [Domain] </link:label>
<link:label id="lab_bac_FinancingReceivableTroubledDebtRestructuringsByProgramTypeDomain_9F62DE6921516C89C3C77BFC4620F425_documentation_en-US" xlink:label="lab_bac_FinancingReceivableTroubledDebtRestructuringsByProgramTypeDomain_9F62DE6921516C89C3C77BFC4620F425" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents information related to troubled debt restructurings by type of program. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_FinancingReceivableTroubledDebtRestructuringsByProgramTypeDomain" xlink:label="loc_bac_FinancingReceivableTroubledDebtRestructuringsByProgramTypeDomain_9F62DE6921516C89C3C77BFC4620F425" xlink:type="locator"/>
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<link:label id="lab_bac_InternalProgramsMember_BEE98A4155724412267F7BF0DDE316CF_label_en-US" xlink:label="lab_bac_InternalProgramsMember_BEE98A4155724412267F7BF0DDE316CF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Internal Programs [Member] </link:label>
<link:label id="lab_bac_InternalProgramsMember_BEE98A4155724412267F7BF0DDE316CF_documentation_en-US" xlink:label="lab_bac_InternalProgramsMember_BEE98A4155724412267F7BF0DDE316CF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Internal Programs. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_InternalProgramsMember" xlink:label="loc_bac_InternalProgramsMember_BEE98A4155724412267F7BF0DDE316CF" xlink:type="locator"/>
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<link:label id="lab_bac_ExternalProgramsMember_1C9565B7D7435BEF020B7BF1A16EDA88_label_en-US" xlink:label="lab_bac_ExternalProgramsMember_1C9565B7D7435BEF020B7BF1A16EDA88" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> External Programs [Member] </link:label>
<link:label id="lab_bac_ExternalProgramsMember_1C9565B7D7435BEF020B7BF1A16EDA88_documentation_en-US" xlink:label="lab_bac_ExternalProgramsMember_1C9565B7D7435BEF020B7BF1A16EDA88" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> External Programs. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ExternalProgramsMember" xlink:label="loc_bac_ExternalProgramsMember_1C9565B7D7435BEF020B7BF1A16EDA88" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ExternalProgramsMember_1C9565B7D7435BEF020B7BF1A16EDA88" xlink:to="lab_bac_ExternalProgramsMember_1C9565B7D7435BEF020B7BF1A16EDA88" xlink:type="arc"/>
<link:label id="lab_bac_OtherProgramMember_7419DA91E62F8660902E7BF263F66CD4_label_en-US" xlink:label="lab_bac_OtherProgramMember_7419DA91E62F8660902E7BF263F66CD4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Program [Member] </link:label>
<link:label id="lab_bac_OtherProgramMember_7419DA91E62F8660902E7BF263F66CD4_documentation_en-US" xlink:label="lab_bac_OtherProgramMember_7419DA91E62F8660902E7BF263F66CD4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Other Program Member. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_OtherProgramMember" xlink:label="loc_bac_OtherProgramMember_7419DA91E62F8660902E7BF263F66CD4" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_OtherProgramMember_7419DA91E62F8660902E7BF263F66CD4" xlink:to="lab_bac_OtherProgramMember_7419DA91E62F8660902E7BF263F66CD4" xlink:type="arc"/>
<link:label id="lab_bac_FinanceReceivablePostModificationEnteringDefaultStatus_C7C415C9D226AF5F86BE882A9D2690E6_terseLabel_en-US" xlink:label="lab_bac_FinanceReceivablePostModificationEnteringDefaultStatus_C7C415C9D226AF5F86BE882A9D2690E6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Finance Receivable, Post Modification, Entering Default Status </link:label>
<link:label id="lab_bac_FinanceReceivablePostModificationEnteringDefaultStatus_C7C415C9D226AF5F86BE882A9D2690E6_label_en-US" xlink:label="lab_bac_FinanceReceivablePostModificationEnteringDefaultStatus_C7C415C9D226AF5F86BE882A9D2690E6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Finance Receivable, Post Modification, Entering Default Status </link:label>
<link:label id="lab_bac_FinanceReceivablePostModificationEnteringDefaultStatus_C7C415C9D226AF5F86BE882A9D2690E6_documentation_en-US" xlink:label="lab_bac_FinanceReceivablePostModificationEnteringDefaultStatus_C7C415C9D226AF5F86BE882A9D2690E6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Finance Receivable, Post Modification, Entering Default Status </link:label>
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<link:label id="lab_us-gaap_ImpairedFinancingReceivableAverageRecordedInvestment_DBD3A068DAD8CCE06522F244A0E34299_verboseLabel_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableAverageRecordedInvestment_DBD3A068DAD8CCE06522F244A0E34299" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Impaired Financing Receivable, Average Recorded Investment </link:label>
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<link:label id="lab_bac_ImpairedFinancingReceivableInterestIncomeCashBasisAndAccrualMethod_70E3FF46508842E5A46EF23FCBF14F62_verboseLabel_en-US" xlink:label="lab_bac_ImpairedFinancingReceivableInterestIncomeCashBasisAndAccrualMethod_70E3FF46508842E5A46EF23FCBF14F62" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Impaired Financing Receivable Interest Income Cash Basis and Accrual Method </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ImpairedFinancingReceivableInterestIncomeCashBasisAndAccrualMethod" xlink:label="loc_bac_ImpairedFinancingReceivableInterestIncomeCashBasisAndAccrualMethod_70E3FF46508842E5A46EF23FCBF14F62" xlink:type="locator"/>
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<link:label id="lab_bac_TroubledDebtRestructuringsPreModificationInterestRate_B6C5EF033DA39481728B7BE3D8CEAE02_terseLabel_en-US" xlink:label="lab_bac_TroubledDebtRestructuringsPreModificationInterestRate_B6C5EF033DA39481728B7BE3D8CEAE02" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Pre Modification Interest Rate </link:label>
<link:label id="lab_bac_TroubledDebtRestructuringsPreModificationInterestRate_B6C5EF033DA39481728B7BE3D8CEAE02_label_en-US" xlink:label="lab_bac_TroubledDebtRestructuringsPreModificationInterestRate_B6C5EF033DA39481728B7BE3D8CEAE02" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Troubled Debt Restructurings Pre Modification Interest Rate </link:label>
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<link:loc xlink:href="bac-20111231.xsd#bac_TroubledDebtRestructuringsPreModificationInterestRate" xlink:label="loc_bac_TroubledDebtRestructuringsPreModificationInterestRate_B6C5EF033DA39481728B7BE3D8CEAE02" xlink:type="locator"/>
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<link:label id="lab_bac_TroubledDebtRestructuringPostModificationInterestRate_997F694462E02AAA2A937BE3DBBCB848_terseLabel_en-US" xlink:label="lab_bac_TroubledDebtRestructuringPostModificationInterestRate_997F694462E02AAA2A937BE3DBBCB848" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Post Modification Interest Rate </link:label>
<link:label id="lab_bac_TroubledDebtRestructuringPostModificationInterestRate_997F694462E02AAA2A937BE3DBBCB848_label_en-US" xlink:label="lab_bac_TroubledDebtRestructuringPostModificationInterestRate_997F694462E02AAA2A937BE3DBBCB848" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Troubled Debt Restructuring Post Modification Interest Rate </link:label>
<link:label id="lab_bac_TroubledDebtRestructuringPostModificationInterestRate_997F694462E02AAA2A937BE3DBBCB848_documentation_en-US" xlink:label="lab_bac_TroubledDebtRestructuringPostModificationInterestRate_997F694462E02AAA2A937BE3DBBCB848" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Troubled Debt Restructuring Post Modification Interest Rate </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_TroubledDebtRestructuringPostModificationInterestRate" xlink:label="loc_bac_TroubledDebtRestructuringPostModificationInterestRate_997F694462E02AAA2A937BE3DBBCB848" xlink:type="locator"/>
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<link:label id="lab_bac_FinancingReceivableModificationsPostModificationPercentageOfBalancesCurrentOrLessThanThirtyDaysPastDue_875E9E4E8D4CDF94931B87F9BA0A727A_terseLabel_en-US" xlink:label="lab_bac_FinancingReceivableModificationsPostModificationPercentageOfBalancesCurrentOrLessThanThirtyDaysPastDue_875E9E4E8D4CDF94931B87F9BA0A727A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Financing Receivable Modifications Post Modification Percentage Of Balances Current Or Less Than Thirty Days Past Due </link:label>
<link:label id="lab_bac_FinancingReceivableModificationsPostModificationPercentageOfBalancesCurrentOrLessThanThirtyDaysPastDue_875E9E4E8D4CDF94931B87F9BA0A727A_label_en-US" xlink:label="lab_bac_FinancingReceivableModificationsPostModificationPercentageOfBalancesCurrentOrLessThanThirtyDaysPastDue_875E9E4E8D4CDF94931B87F9BA0A727A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivable Modifications Post Modification Percentage Of Balances Current Or Less Than Thirty Days Past Due </link:label>
<link:label id="lab_bac_FinancingReceivableModificationsPostModificationPercentageOfBalancesCurrentOrLessThanThirtyDaysPastDue_875E9E4E8D4CDF94931B87F9BA0A727A_documentation_en-US" xlink:label="lab_bac_FinancingReceivableModificationsPostModificationPercentageOfBalancesCurrentOrLessThanThirtyDaysPastDue_875E9E4E8D4CDF94931B87F9BA0A727A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents the percentage of balances current or less than thirty days past due in total renegotiated TDR loans. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_FinancingReceivableModificationsPostModificationPercentageOfBalancesCurrentOrLessThanThirtyDaysPastDue" xlink:label="loc_bac_FinancingReceivableModificationsPostModificationPercentageOfBalancesCurrentOrLessThanThirtyDaysPastDue_875E9E4E8D4CDF94931B87F9BA0A727A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_FinancingReceivableModificationsPostModificationPercentageOfBalancesCurrentOrLessThanThirtyDaysPastDue_875E9E4E8D4CDF94931B87F9BA0A727A" xlink:to="lab_bac_FinancingReceivableModificationsPostModificationPercentageOfBalancesCurrentOrLessThanThirtyDaysPastDue_875E9E4E8D4CDF94931B87F9BA0A727A" xlink:type="arc"/>
<link:label id="lab_bac_RenegotiatedConsumerCreditCardDomesticHeldLoans_3CB9C132C73D4B979D2E7BF4F257C41F_terseLabel_en-US" xlink:label="lab_bac_RenegotiatedConsumerCreditCardDomesticHeldLoans_3CB9C132C73D4B979D2E7BF4F257C41F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Renegotiated Consumer Credit Card Domestic Held Loans </link:label>
<link:label id="lab_bac_RenegotiatedConsumerCreditCardDomesticHeldLoans_3CB9C132C73D4B979D2E7BF4F257C41F_label_en-US" xlink:label="lab_bac_RenegotiatedConsumerCreditCardDomesticHeldLoans_3CB9C132C73D4B979D2E7BF4F257C41F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Renegotiated Consumer Credit Card Domestic Held Loans </link:label>
<link:label id="lab_bac_RenegotiatedConsumerCreditCardDomesticHeldLoans_3CB9C132C73D4B979D2E7BF4F257C41F_documentation_en-US" xlink:label="lab_bac_RenegotiatedConsumerCreditCardDomesticHeldLoans_3CB9C132C73D4B979D2E7BF4F257C41F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Renegotiated consumer credit card domestic held loans. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_RenegotiatedConsumerCreditCardDomesticHeldLoans" xlink:label="loc_bac_RenegotiatedConsumerCreditCardDomesticHeldLoans_3CB9C132C73D4B979D2E7BF4F257C41F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_RenegotiatedConsumerCreditCardDomesticHeldLoans_3CB9C132C73D4B979D2E7BF4F257C41F" xlink:to="lab_bac_RenegotiatedConsumerCreditCardDomesticHeldLoans_3CB9C132C73D4B979D2E7BF4F257C41F" xlink:type="arc"/>
<link:label id="lab_bac_RenegotiatedPortfolioRelatedPortfolio_297D9829BC32C641734F7BF6441E9D7A_terseLabel_en-US" xlink:label="lab_bac_RenegotiatedPortfolioRelatedPortfolio_297D9829BC32C641734F7BF6441E9D7A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Renegotiated Portfolio Related Portfolio </link:label>
<link:label id="lab_bac_RenegotiatedPortfolioRelatedPortfolio_297D9829BC32C641734F7BF6441E9D7A_label_en-US" xlink:label="lab_bac_RenegotiatedPortfolioRelatedPortfolio_297D9829BC32C641734F7BF6441E9D7A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Renegotiated Portfolio Related Portfolio </link:label>
<link:label id="lab_bac_RenegotiatedPortfolioRelatedPortfolio_297D9829BC32C641734F7BF6441E9D7A_documentation_en-US" xlink:label="lab_bac_RenegotiatedPortfolioRelatedPortfolio_297D9829BC32C641734F7BF6441E9D7A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Renegotiated Portfolio Related Portfolio. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_RenegotiatedPortfolioRelatedPortfolio" xlink:label="loc_bac_RenegotiatedPortfolioRelatedPortfolio_297D9829BC32C641734F7BF6441E9D7A" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ImpairedFinancingReceivableUnpaidPrincipalBalance_5E3109950D5720D10BB3F24394505FF4_verboseLabel_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableUnpaidPrincipalBalance_5E3109950D5720D10BB3F24394505FF4" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Impaired Financing Receivable, Unpaid Principal Balance </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ImpairedFinancingReceivableUnpaidPrincipalBalance" xlink:label="loc_us-gaap_ImpairedFinancingReceivableUnpaidPrincipalBalance_5E3109950D5720D10BB3F24394505FF4" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ImpairedFinancingReceivableRecordedInvestment_571011B6C02E03E37DCFF244ECE09F4B_verboseLabel_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableRecordedInvestment_571011B6C02E03E37DCFF244ECE09F4B" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Impaired Financing Receivable, Recorded Investment </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ImpairedFinancingReceivableRecordedInvestment" xlink:label="loc_us-gaap_ImpairedFinancingReceivableRecordedInvestment_571011B6C02E03E37DCFF244ECE09F4B" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ImpairedFinancingReceivableRelatedAllowance_1CAE3BC732E1719D7C43F24532895726_verboseLabel_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableRelatedAllowance_1CAE3BC732E1719D7C43F24532895726" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Impaired Financing Receivable, Related Allowance </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ImpairedFinancingReceivableRelatedAllowance" xlink:label="loc_us-gaap_ImpairedFinancingReceivableRelatedAllowance_1CAE3BC732E1719D7C43F24532895726" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ImpairedFinancingReceivableRelatedAllowance_1CAE3BC732E1719D7C43F24532895726" xlink:to="lab_us-gaap_ImpairedFinancingReceivableRelatedAllowance_1CAE3BC732E1719D7C43F24532895726" xlink:type="arc"/>
<link:label id="lab_bac_ModificationsTroubledDebtRestructuringsCurrentOrLessThanThirtyDaysPastDue_7C5731DC1F550E3529998800107FC330_terseLabel_en-US" xlink:label="lab_bac_ModificationsTroubledDebtRestructuringsCurrentOrLessThanThirtyDaysPastDue_7C5731DC1F550E3529998800107FC330" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Modifications, Troubled Debt Restructurings, Current or Less than Thirty Days Past Due </link:label>
<link:label id="lab_bac_ModificationsTroubledDebtRestructuringsCurrentOrLessThanThirtyDaysPastDue_7C5731DC1F550E3529998800107FC330_label_en-US" xlink:label="lab_bac_ModificationsTroubledDebtRestructuringsCurrentOrLessThanThirtyDaysPastDue_7C5731DC1F550E3529998800107FC330" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Modifications, Troubled Debt Restructurings, Current or Less than Thirty Days Past Due </link:label>
<link:label id="lab_bac_ModificationsTroubledDebtRestructuringsCurrentOrLessThanThirtyDaysPastDue_7C5731DC1F550E3529998800107FC330_documentation_en-US" xlink:label="lab_bac_ModificationsTroubledDebtRestructuringsCurrentOrLessThanThirtyDaysPastDue_7C5731DC1F550E3529998800107FC330" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Modifications, Troubled Debt Restructurings, Current or Less than Thirty Days Past Due </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ModificationsTroubledDebtRestructuringsCurrentOrLessThanThirtyDaysPastDue" xlink:label="loc_bac_ModificationsTroubledDebtRestructuringsCurrentOrLessThanThirtyDaysPastDue_7C5731DC1F550E3529998800107FC330" xlink:type="locator"/>
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<link:label id="lab_us-gaap_LoansAndLeasesReceivableDisclosureAbstract_C0F4EEDC267962C826343540FAF7C53C_label_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableDisclosureAbstract_C0F4EEDC267962C826343540FAF7C53C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loans and Leases Receivable Disclosure [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LoansAndLeasesReceivableDisclosureAbstract" xlink:label="loc_us-gaap_LoansAndLeasesReceivableDisclosureAbstract_C0F4EEDC267962C826343540FAF7C53C" xlink:type="locator"/>
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<link:label id="lab_us-gaap_LoansNotesTradeAndOtherReceivablesDisclosureTextBlock_15CA1696E17E9644B61C35413BF21FEA_terseLabel_en-US" xlink:label="lab_us-gaap_LoansNotesTradeAndOtherReceivablesDisclosureTextBlock_15CA1696E17E9644B61C35413BF21FEA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Outstanding Loans and Leases </link:label>
<link:label id="lab_us-gaap_LoansNotesTradeAndOtherReceivablesDisclosureTextBlock_15CA1696E17E9644B61C35413BF21FEA_label_en-US" xlink:label="lab_us-gaap_LoansNotesTradeAndOtherReceivablesDisclosureTextBlock_15CA1696E17E9644B61C35413BF21FEA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loans, Notes, Trade and Other Receivables Disclosure [Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LoansNotesTradeAndOtherReceivablesDisclosureTextBlock" xlink:label="loc_us-gaap_LoansNotesTradeAndOtherReceivablesDisclosureTextBlock_15CA1696E17E9644B61C35413BF21FEA" xlink:type="locator"/>
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<link:label id="lab_bac_CashHeldAtBankSubsidiaries_F214F3529F152D39EF85CDD06BCB4297_terseLabel_en-US" xlink:label="lab_bac_CashHeldAtBankSubsidiaries_F214F3529F152D39EF85CDD06BCB4297" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Cash Held At Bank Subsidiaries </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CashHeldAtBankSubsidiaries" xlink:label="loc_bac_CashHeldAtBankSubsidiaries_F214F3529F152D39EF85CDD06BCB4297" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CashHeldAtBankSubsidiaries_F214F3529F152D39EF85CDD06BCB4297" xlink:to="lab_bac_CashHeldAtBankSubsidiaries_F214F3529F152D39EF85CDD06BCB4297" xlink:type="arc"/>
<link:label id="lab_bac_TotalSecurities_D87902776469EE8EF30BCDD06BE41C1C_terseLabel_en-US" xlink:label="lab_bac_TotalSecurities_D87902776469EE8EF30BCDD06BE41C1C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Debt Securities </link:label>
<link:label id="lab_bac_TotalSecurities_D87902776469EE8EF30BCDD06BE41C1C_label_en-US" xlink:label="lab_bac_TotalSecurities_D87902776469EE8EF30BCDD06BE41C1C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Total Securities </link:label>
<link:label id="lab_bac_TotalSecurities_D87902776469EE8EF30BCDD06BE41C1C_documentation_en-US" xlink:label="lab_bac_TotalSecurities_D87902776469EE8EF30BCDD06BE41C1C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Financial instruments include: securities available-for-sale </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_TotalSecurities" xlink:label="loc_bac_TotalSecurities_D87902776469EE8EF30BCDD06BE41C1C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_TotalSecurities_D87902776469EE8EF30BCDD06BE41C1C" xlink:to="lab_bac_TotalSecurities_D87902776469EE8EF30BCDD06BE41C1C" xlink:type="arc"/>
<link:label id="lab_bac_ReceivablesFromBankHoldingCompaniesAndRelatedSubsidiaries_FA0F031635C7F6286F32CDD06BFC4717_terseLabel_en-US" xlink:label="lab_bac_ReceivablesFromBankHoldingCompaniesAndRelatedSubsidiaries_FA0F031635C7F6286F32CDD06BFC4717" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Receivables From Bank Holding Companies And Related Subsidiaries </link:label>
<link:label id="lab_bac_ReceivablesFromBankHoldingCompaniesAndRelatedSubsidiaries_FA0F031635C7F6286F32CDD06BFC4717_label_en-US" xlink:label="lab_bac_ReceivablesFromBankHoldingCompaniesAndRelatedSubsidiaries_FA0F031635C7F6286F32CDD06BFC4717" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Receivables From Bank Holding Companies And Related Subsidiaries </link:label>
<link:label id="lab_bac_ReceivablesFromBankHoldingCompaniesAndRelatedSubsidiaries_FA0F031635C7F6286F32CDD06BFC4717_documentation_en-US" xlink:label="lab_bac_ReceivablesFromBankHoldingCompaniesAndRelatedSubsidiaries_FA0F031635C7F6286F32CDD06BFC4717" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents receivables from Bank holding companies and related subsidiaries. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ReceivablesFromBankHoldingCompaniesAndRelatedSubsidiaries" xlink:label="loc_bac_ReceivablesFromBankHoldingCompaniesAndRelatedSubsidiaries_FA0F031635C7F6286F32CDD06BFC4717" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ReceivablesFromBankHoldingCompaniesAndRelatedSubsidiaries_FA0F031635C7F6286F32CDD06BFC4717" xlink:to="lab_bac_ReceivablesFromBankHoldingCompaniesAndRelatedSubsidiaries_FA0F031635C7F6286F32CDD06BFC4717" xlink:type="arc"/>
<link:label id="lab_bac_ReceivablesFromNonbankCompaniesAndRelatedSubsidiaries_9769A8680BAAE99F8B38CDD06C1A6F11_terseLabel_en-US" xlink:label="lab_bac_ReceivablesFromNonbankCompaniesAndRelatedSubsidiaries_9769A8680BAAE99F8B38CDD06C1A6F11" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Receivables From Nonbank Companies And Related Subsidiaries </link:label>
<link:label id="lab_bac_ReceivablesFromNonbankCompaniesAndRelatedSubsidiaries_9769A8680BAAE99F8B38CDD06C1A6F11_label_en-US" xlink:label="lab_bac_ReceivablesFromNonbankCompaniesAndRelatedSubsidiaries_9769A8680BAAE99F8B38CDD06C1A6F11" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Receivables From Nonbank Companies And Related Subsidiaries </link:label>
<link:label id="lab_bac_ReceivablesFromNonbankCompaniesAndRelatedSubsidiaries_9769A8680BAAE99F8B38CDD06C1A6F11_documentation_en-US" xlink:label="lab_bac_ReceivablesFromNonbankCompaniesAndRelatedSubsidiaries_9769A8680BAAE99F8B38CDD06C1A6F11" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents receivables from Nonbank companies and related subsidiaries. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ReceivablesFromNonbankCompaniesAndRelatedSubsidiaries" xlink:label="loc_bac_ReceivablesFromNonbankCompaniesAndRelatedSubsidiaries_9769A8680BAAE99F8B38CDD06C1A6F11" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ReceivablesFromNonbankCompaniesAndRelatedSubsidiaries_9769A8680BAAE99F8B38CDD06C1A6F11" xlink:to="lab_bac_ReceivablesFromNonbankCompaniesAndRelatedSubsidiaries_9769A8680BAAE99F8B38CDD06C1A6F11" xlink:type="arc"/>
<link:label id="lab_bac_InvestmentsInBankHoldingCompaniesAndRelatedSubsidiaries_D25195A970B42EB5EF98CDD06C38036E_terseLabel_en-US" xlink:label="lab_bac_InvestmentsInBankHoldingCompaniesAndRelatedSubsidiaries_D25195A970B42EB5EF98CDD06C38036E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Investments In Bank Holding Companies And Related Subsidiaries </link:label>
<link:label id="lab_bac_InvestmentsInBankHoldingCompaniesAndRelatedSubsidiaries_D25195A970B42EB5EF98CDD06C38036E_label_en-US" xlink:label="lab_bac_InvestmentsInBankHoldingCompaniesAndRelatedSubsidiaries_D25195A970B42EB5EF98CDD06C38036E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Investments In Bank Holding Companies And Related Subsidiaries </link:label>
<link:label id="lab_bac_InvestmentsInBankHoldingCompaniesAndRelatedSubsidiaries_D25195A970B42EB5EF98CDD06C38036E_documentation_en-US" xlink:label="lab_bac_InvestmentsInBankHoldingCompaniesAndRelatedSubsidiaries_D25195A970B42EB5EF98CDD06C38036E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents investements in Bank holding companies and related subsidiaries. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_InvestmentsInBankHoldingCompaniesAndRelatedSubsidiaries" xlink:label="loc_bac_InvestmentsInBankHoldingCompaniesAndRelatedSubsidiaries_D25195A970B42EB5EF98CDD06C38036E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_InvestmentsInBankHoldingCompaniesAndRelatedSubsidiaries_D25195A970B42EB5EF98CDD06C38036E" xlink:to="lab_bac_InvestmentsInBankHoldingCompaniesAndRelatedSubsidiaries_D25195A970B42EB5EF98CDD06C38036E" xlink:type="arc"/>
<link:label id="lab_bac_InvestmentsInNonbankCompaniesAndRelatedSubsidiaries_8EED605C305600C3BBC4CDD06C519D5E_terseLabel_en-US" xlink:label="lab_bac_InvestmentsInNonbankCompaniesAndRelatedSubsidiaries_8EED605C305600C3BBC4CDD06C519D5E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Investments In Nonbank Companies And Related Subsidiaries </link:label>
<link:label id="lab_bac_InvestmentsInNonbankCompaniesAndRelatedSubsidiaries_8EED605C305600C3BBC4CDD06C519D5E_label_en-US" xlink:label="lab_bac_InvestmentsInNonbankCompaniesAndRelatedSubsidiaries_8EED605C305600C3BBC4CDD06C519D5E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Investments In Nonbank Companies And Related Subsidiaries </link:label>
<link:label id="lab_bac_InvestmentsInNonbankCompaniesAndRelatedSubsidiaries_8EED605C305600C3BBC4CDD06C519D5E_documentation_en-US" xlink:label="lab_bac_InvestmentsInNonbankCompaniesAndRelatedSubsidiaries_8EED605C305600C3BBC4CDD06C519D5E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents investments in Nonbank companies and related subsidiaries. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_InvestmentsInNonbankCompaniesAndRelatedSubsidiaries" xlink:label="loc_bac_InvestmentsInNonbankCompaniesAndRelatedSubsidiaries_8EED605C305600C3BBC4CDD06C519D5E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_InvestmentsInNonbankCompaniesAndRelatedSubsidiaries_8EED605C305600C3BBC4CDD06C519D5E" xlink:to="lab_bac_InvestmentsInNonbankCompaniesAndRelatedSubsidiaries_8EED605C305600C3BBC4CDD06C519D5E" xlink:type="arc"/>
<link:label id="lab_bac_AccruedExpensesAndOtherLiabilities_84D88CB07F3F76395AF2CDD06CD69FCD_terseLabel_en-US" xlink:label="lab_bac_AccruedExpensesAndOtherLiabilities_84D88CB07F3F76395AF2CDD06CD69FCD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Accrued Expenses And Other Liabilities </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_AccruedExpensesAndOtherLiabilities" xlink:label="loc_bac_AccruedExpensesAndOtherLiabilities_84D88CB07F3F76395AF2CDD06CD69FCD" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_AccruedExpensesAndOtherLiabilities_84D88CB07F3F76395AF2CDD06CD69FCD" xlink:to="lab_bac_AccruedExpensesAndOtherLiabilities_84D88CB07F3F76395AF2CDD06CD69FCD" xlink:type="arc"/>
<link:label id="lab_bac_PayablesToBankHoldingCompaniesAndRelatedSubsidiaries_DC9083A855CD39387861CDD06CFC3B33_terseLabel_en-US" xlink:label="lab_bac_PayablesToBankHoldingCompaniesAndRelatedSubsidiaries_DC9083A855CD39387861CDD06CFC3B33" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Payables To Bank Holding Companies And Related Subsidiaries </link:label>
<link:label id="lab_bac_PayablesToBankHoldingCompaniesAndRelatedSubsidiaries_DC9083A855CD39387861CDD06CFC3B33_label_en-US" xlink:label="lab_bac_PayablesToBankHoldingCompaniesAndRelatedSubsidiaries_DC9083A855CD39387861CDD06CFC3B33" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Payables To Bank Holding Companies And Related Subsidiaries </link:label>
<link:label id="lab_bac_PayablesToBankHoldingCompaniesAndRelatedSubsidiaries_DC9083A855CD39387861CDD06CFC3B33_documentation_en-US" xlink:label="lab_bac_PayablesToBankHoldingCompaniesAndRelatedSubsidiaries_DC9083A855CD39387861CDD06CFC3B33" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents payables to Bank holding companies and related subsidiaries. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PayablesToBankHoldingCompaniesAndRelatedSubsidiaries" xlink:label="loc_bac_PayablesToBankHoldingCompaniesAndRelatedSubsidiaries_DC9083A855CD39387861CDD06CFC3B33" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_PayablesToBankHoldingCompaniesAndRelatedSubsidiaries_DC9083A855CD39387861CDD06CFC3B33" xlink:to="lab_bac_PayablesToBankHoldingCompaniesAndRelatedSubsidiaries_DC9083A855CD39387861CDD06CFC3B33" xlink:type="arc"/>
<link:label id="lab_bac_PayablesToNonbankCompaniesAndRelatedSubsidiaries_99403CA7AF65670A086CCDD06D224198_terseLabel_en-US" xlink:label="lab_bac_PayablesToNonbankCompaniesAndRelatedSubsidiaries_99403CA7AF65670A086CCDD06D224198" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Payables To Nonbank Companies And Related Subsidiaries </link:label>
<link:label id="lab_bac_PayablesToNonbankCompaniesAndRelatedSubsidiaries_99403CA7AF65670A086CCDD06D224198_label_en-US" xlink:label="lab_bac_PayablesToNonbankCompaniesAndRelatedSubsidiaries_99403CA7AF65670A086CCDD06D224198" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Payables To Nonbank Companies And Related Subsidiaries </link:label>
<link:label id="lab_bac_PayablesToNonbankCompaniesAndRelatedSubsidiaries_99403CA7AF65670A086CCDD06D224198_documentation_en-US" xlink:label="lab_bac_PayablesToNonbankCompaniesAndRelatedSubsidiaries_99403CA7AF65670A086CCDD06D224198" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents payables to Nonbank companies and related subsidiaries. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PayablesToNonbankCompaniesAndRelatedSubsidiaries" xlink:label="loc_bac_PayablesToNonbankCompaniesAndRelatedSubsidiaries_99403CA7AF65670A086CCDD06D224198" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_PayablesToNonbankCompaniesAndRelatedSubsidiaries_99403CA7AF65670A086CCDD06D224198" xlink:to="lab_bac_PayablesToNonbankCompaniesAndRelatedSubsidiaries_99403CA7AF65670A086CCDD06D224198" xlink:type="arc"/>
<link:label id="lab_us-gaap_StockholdersEquity_37F26A96C0F9DBDC6E41CDD06D6E8161_terseLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquity_37F26A96C0F9DBDC6E41CDD06D6E8161" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Stockholders' Equity </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="loc_us-gaap_StockholdersEquity_37F26A96C0F9DBDC6E41CDD06D6E8161" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockholdersEquity_37F26A96C0F9DBDC6E41CDD06D6E8161" xlink:to="lab_us-gaap_StockholdersEquity_37F26A96C0F9DBDC6E41CDD06D6E8161" xlink:type="arc"/>
<link:label id="lab_us-gaap_SeniorNotesMember_D5EF847578400F5432189B7C7353A1AB_terseLabel_en-US" xlink:label="lab_us-gaap_SeniorNotesMember_D5EF847578400F5432189B7C7353A1AB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Senior Notes [Member] </link:label>
<link:label id="lab_us-gaap_SeniorNotesMember_D5EF847578400F5432189B7C7353A1AB_label_en-US" xlink:label="lab_us-gaap_SeniorNotesMember_D5EF847578400F5432189B7C7353A1AB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Senior Notes [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_SeniorNotesMember" xlink:label="loc_us-gaap_SeniorNotesMember_D5EF847578400F5432189B7C7353A1AB" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SeniorNotesMember_D5EF847578400F5432189B7C7353A1AB" xlink:to="lab_us-gaap_SeniorNotesMember_D5EF847578400F5432189B7C7353A1AB" xlink:type="arc"/>
<link:label id="lab_us-gaap_DebtWeightedAverageInterestRate_16B0559D3F63EAED43D8BF2289327B5B_terseLabel_en-US" xlink:label="lab_us-gaap_DebtWeightedAverageInterestRate_16B0559D3F63EAED43D8BF2289327B5B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Weighted Average Rate of Debt </link:label>
<link:label id="lab_us-gaap_DebtWeightedAverageInterestRate_16B0559D3F63EAED43D8BF2289327B5B_label_en-US" xlink:label="lab_us-gaap_DebtWeightedAverageInterestRate_16B0559D3F63EAED43D8BF2289327B5B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Debt, Weighted Average Interest Rate </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DebtWeightedAverageInterestRate" xlink:label="loc_us-gaap_DebtWeightedAverageInterestRate_16B0559D3F63EAED43D8BF2289327B5B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtWeightedAverageInterestRate_16B0559D3F63EAED43D8BF2289327B5B" xlink:to="lab_us-gaap_DebtWeightedAverageInterestRate_16B0559D3F63EAED43D8BF2289327B5B" xlink:type="arc"/>
<link:label id="lab_us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMinimum_86D9426492D314E0BDDBBF1F901557AE_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMinimum_86D9426492D314E0BDDBBF1F901557AE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Weighted Average Rate of Debt Minimum </link:label>
<link:label id="lab_us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMinimum_86D9426492D314E0BDDBBF1F901557AE_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMinimum_86D9426492D314E0BDDBBF1F901557AE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Debt Instrument, Interest Rate, Stated Percentage Rate Range, Minimum </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMinimum" xlink:label="loc_us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMinimum_86D9426492D314E0BDDBBF1F901557AE" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMinimum_86D9426492D314E0BDDBBF1F901557AE" xlink:to="lab_us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMinimum_86D9426492D314E0BDDBBF1F901557AE" xlink:type="arc"/>
<link:label id="lab_us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMaximum_270BC0714C13AA29A188BF20E1727E35_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMaximum_270BC0714C13AA29A188BF20E1727E35" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Weighted Average Rate of Debt Maximum </link:label>
<link:label id="lab_us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMaximum_270BC0714C13AA29A188BF20E1727E35_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMaximum_270BC0714C13AA29A188BF20E1727E35" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Debt Instrument, Interest Rate, Stated Percentage Rate Range, Maximum </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMaximum" xlink:label="loc_us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMaximum_270BC0714C13AA29A188BF20E1727E35" xlink:type="locator"/>
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<link:label id="lab_bac_FederalFundsSoldSecuritiesBorrowedOrPurchasedUnderAgreementsToResellAndShortTermBorrowingsTableTextBlock_51F8D25C9C0C9B00A0F3BAAF139206C2_terseLabel_en-US" xlink:label="lab_bac_FederalFundsSoldSecuritiesBorrowedOrPurchasedUnderAgreementsToResellAndShortTermBorrowingsTableTextBlock_51F8D25C9C0C9B00A0F3BAAF139206C2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Federal Funds Sold Securities Borrowed Or Purchased Under Agreements To Resell And Short Term Borrowings [Table Text Block] </link:label>
<link:label id="lab_bac_FederalFundsSoldSecuritiesBorrowedOrPurchasedUnderAgreementsToResellAndShortTermBorrowingsTableTextBlock_51F8D25C9C0C9B00A0F3BAAF139206C2_label_en-US" xlink:label="lab_bac_FederalFundsSoldSecuritiesBorrowedOrPurchasedUnderAgreementsToResellAndShortTermBorrowingsTableTextBlock_51F8D25C9C0C9B00A0F3BAAF139206C2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Federal Funds Sold Securities Borrowed Or Purchased Under Agreements To Resell And Short Term Borrowings [Table Text Block] </link:label>
<link:label id="lab_bac_FederalFundsSoldSecuritiesBorrowedOrPurchasedUnderAgreementsToResellAndShortTermBorrowingsTableTextBlock_51F8D25C9C0C9B00A0F3BAAF139206C2_documentation_en-US" xlink:label="lab_bac_FederalFundsSoldSecuritiesBorrowedOrPurchasedUnderAgreementsToResellAndShortTermBorrowingsTableTextBlock_51F8D25C9C0C9B00A0F3BAAF139206C2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Federal Funds Sold, Securities Borrowed or Purchased Under Agreements to Resell and Short-term Borrowings. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_FederalFundsSoldSecuritiesBorrowedOrPurchasedUnderAgreementsToResellAndShortTermBorrowingsTableTextBlock" xlink:label="loc_bac_FederalFundsSoldSecuritiesBorrowedOrPurchasedUnderAgreementsToResellAndShortTermBorrowingsTableTextBlock_51F8D25C9C0C9B00A0F3BAAF139206C2" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_FederalFundsSoldSecuritiesBorrowedOrPurchasedUnderAgreementsToResellAndShortTermBorrowingsTableTextBlock_51F8D25C9C0C9B00A0F3BAAF139206C2" xlink:to="lab_bac_FederalFundsSoldSecuritiesBorrowedOrPurchasedUnderAgreementsToResellAndShortTermBorrowingsTableTextBlock_51F8D25C9C0C9B00A0F3BAAF139206C2" xlink:type="arc"/>
<link:label id="lab_us-gaap_USGovernmentCorporationsAndAgenciesSecuritiesMember_49537E779E2DC5FA58428D44C7D75F93_verboseLabel_en-US" xlink:label="lab_us-gaap_USGovernmentCorporationsAndAgenciesSecuritiesMember_49537E779E2DC5FA58428D44C7D75F93" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> U.S. government and agency securities [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_USGovernmentCorporationsAndAgenciesSecuritiesMember" xlink:label="loc_us-gaap_USGovernmentCorporationsAndAgenciesSecuritiesMember_49537E779E2DC5FA58428D44C7D75F93" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_USGovernmentCorporationsAndAgenciesSecuritiesMember_49537E779E2DC5FA58428D44C7D75F93" xlink:to="lab_us-gaap_USGovernmentCorporationsAndAgenciesSecuritiesMember_49537E779E2DC5FA58428D44C7D75F93" xlink:type="arc"/>
<link:label id="lab_us-gaap_USTreasuryAndGovernmentMember_EDE51948FFF1D7424DE58D44C7D82898_verboseLabel_en-US" xlink:label="lab_us-gaap_USTreasuryAndGovernmentMember_EDE51948FFF1D7424DE58D44C7D82898" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> U.S. Treasury securities and agency securities [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_USTreasuryAndGovernmentMember" xlink:label="loc_us-gaap_USTreasuryAndGovernmentMember_EDE51948FFF1D7424DE58D44C7D82898" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CollateralizedMortgageObligationsMember_29CE17C9ED7C8DB45DC88D44C7D8F21D_verboseLabel_en-US" xlink:label="lab_us-gaap_CollateralizedMortgageObligationsMember_29CE17C9ED7C8DB45DC88D44C7D8F21D" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Agency-collateralized mortgage obligations [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CollateralizedMortgageObligationsMember" xlink:label="loc_us-gaap_CollateralizedMortgageObligationsMember_29CE17C9ED7C8DB45DC88D44C7D8F21D" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ResidentialMortgageBackedSecuritiesMember_E5912546D1C4EF7FA84E8D44C7D8EEE0_verboseLabel_en-US" xlink:label="lab_us-gaap_ResidentialMortgageBackedSecuritiesMember_E5912546D1C4EF7FA84E8D44C7D8EEE0" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Non-agency residential [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ResidentialMortgageBackedSecuritiesMember" xlink:label="loc_us-gaap_ResidentialMortgageBackedSecuritiesMember_E5912546D1C4EF7FA84E8D44C7D8EEE0" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CommercialMortgageBackedSecuritiesMember_E6CDE7495C2A93FBF9EA8D44C7D8E7E6_verboseLabel_en-US" xlink:label="lab_us-gaap_CommercialMortgageBackedSecuritiesMember_E6CDE7495C2A93FBF9EA8D44C7D8E7E6" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Non-agency commercial [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CommercialMortgageBackedSecuritiesMember" xlink:label="loc_us-gaap_CommercialMortgageBackedSecuritiesMember_E6CDE7495C2A93FBF9EA8D44C7D8E7E6" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FairValueInputsLevel1Member_7802F6F783CA5F1F1A4E8D44C7D9ED07_verboseLabel_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel1Member_7802F6F783CA5F1F1A4E8D44C7D9ED07" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Level 1 [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FairValueInputsLevel1Member" xlink:label="loc_us-gaap_FairValueInputsLevel1Member_7802F6F783CA5F1F1A4E8D44C7D9ED07" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueInputsLevel1Member_7802F6F783CA5F1F1A4E8D44C7D9ED07" xlink:to="lab_us-gaap_FairValueInputsLevel1Member_7802F6F783CA5F1F1A4E8D44C7D9ED07" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValueConcentrationOfCreditRiskMasterNettingArrangementsMember_8330124086BA0EE2D6C78D44C7D996BC_verboseLabel_en-US" xlink:label="lab_us-gaap_FairValueConcentrationOfCreditRiskMasterNettingArrangementsMember_8330124086BA0EE2D6C78D44C7D996BC" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Netting Adjustments [Member] </link:label>
<link:label id="lab_us-gaap_FairValueConcentrationOfCreditRiskMasterNettingArrangementsMember_8330124086BA0EE2D6C78D44C7D996BC_label_en-US" xlink:label="lab_us-gaap_FairValueConcentrationOfCreditRiskMasterNettingArrangementsMember_8330124086BA0EE2D6C78D44C7D996BC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Concentration of Credit Risk, Master Netting Arrangements [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FairValueConcentrationOfCreditRiskMasterNettingArrangementsMember" xlink:label="loc_us-gaap_FairValueConcentrationOfCreditRiskMasterNettingArrangementsMember_8330124086BA0EE2D6C78D44C7D996BC" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueConcentrationOfCreditRiskMasterNettingArrangementsMember_8330124086BA0EE2D6C78D44C7D996BC" xlink:to="lab_us-gaap_FairValueConcentrationOfCreditRiskMasterNettingArrangementsMember_8330124086BA0EE2D6C78D44C7D996BC" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisAbstract_43706925C8245D7BE07A8D44C7D913FC_verboseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisAbstract_43706925C8245D7BE07A8D44C7D913FC" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Fair value Assets and liabilities measure on Recurring basis </link:label>
<link:label id="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisAbstract_43706925C8245D7BE07A8D44C7D913FC_label_en-US" xlink:label="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisAbstract_43706925C8245D7BE07A8D44C7D913FC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisAbstract" xlink:label="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisAbstract_43706925C8245D7BE07A8D44C7D913FC" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AssetsFairValueDisclosureAbstract_4CE1B2D40C74FF637C9B8D44C7D9B222_terseLabel_en-US" xlink:label="lab_us-gaap_AssetsFairValueDisclosureAbstract_4CE1B2D40C74FF637C9B8D44C7D9B222" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Assets </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AssetsFairValueDisclosureAbstract" xlink:label="loc_us-gaap_AssetsFairValueDisclosureAbstract_4CE1B2D40C74FF637C9B8D44C7D9B222" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AssetsFairValueDisclosureAbstract_4CE1B2D40C74FF637C9B8D44C7D9B222" xlink:to="lab_us-gaap_AssetsFairValueDisclosureAbstract_4CE1B2D40C74FF637C9B8D44C7D9B222" xlink:type="arc"/>
<link:label id="lab_us-gaap_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellFairValueDisclosure_8C84E7BF5850E167C67F8D44C7D90570_terseLabel_en-US" xlink:label="lab_us-gaap_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellFairValueDisclosure_8C84E7BF5850E167C67F8D44C7D90570" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Federal funds sold and securities borrowed or purchased under agreements to resell </link:label>
<link:label id="lab_us-gaap_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellFairValueDisclosure_8C84E7BF5850E167C67F8D44C7D90570_label_en-US" xlink:label="lab_us-gaap_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellFairValueDisclosure_8C84E7BF5850E167C67F8D44C7D90570" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Federal Funds Sold and Securities Borrowed or Purchased under Agreements to Resell, Fair Value Disclosure </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellFairValueDisclosure" xlink:label="loc_us-gaap_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellFairValueDisclosure_8C84E7BF5850E167C67F8D44C7D90570" xlink:type="locator"/>
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<link:label id="lab_us-gaap_TradingAccountAssetsFairValueDisclosure_4192F1388B0601A9DDCC8D44C7D9600F_verboseLabel_en-US" xlink:label="lab_us-gaap_TradingAccountAssetsFairValueDisclosure_4192F1388B0601A9DDCC8D44C7D9600F" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Total trading account assets </link:label>
<link:label id="lab_us-gaap_TradingAccountAssetsFairValueDisclosure_4192F1388B0601A9DDCC8D44C7D9600F_label_en-US" xlink:label="lab_us-gaap_TradingAccountAssetsFairValueDisclosure_4192F1388B0601A9DDCC8D44C7D9600F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Trading Account Assets, Fair Value Disclosure </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_TradingAccountAssetsFairValueDisclosure" xlink:label="loc_us-gaap_TradingAccountAssetsFairValueDisclosure_4192F1388B0601A9DDCC8D44C7D9600F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TradingAccountAssetsFairValueDisclosure_4192F1388B0601A9DDCC8D44C7D9600F" xlink:to="lab_us-gaap_TradingAccountAssetsFairValueDisclosure_4192F1388B0601A9DDCC8D44C7D9600F" xlink:type="arc"/>
<link:label id="lab_us-gaap_AvailableForSaleSecuritiesFairValueDisclosure_96E22167EE55592F1BC18D44C7D9273E_verboseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesFairValueDisclosure_96E22167EE55592F1BC18D44C7D9273E" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Total available-for-sale debt securities </link:label>
<link:label id="lab_us-gaap_AvailableForSaleSecuritiesFairValueDisclosure_96E22167EE55592F1BC18D44C7D9273E_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesFairValueDisclosure_96E22167EE55592F1BC18D44C7D9273E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Available-for-sale Securities, Fair Value Disclosure </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AvailableForSaleSecuritiesFairValueDisclosure" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesFairValueDisclosure_96E22167EE55592F1BC18D44C7D9273E" xlink:type="locator"/>
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<link:label id="lab_bac_LoansAndLeasesFairValueDisclosure_07C3BECF6282AB406A698D44C7DAFF3E_terseLabel_en-US" xlink:label="lab_bac_LoansAndLeasesFairValueDisclosure_07C3BECF6282AB406A698D44C7DAFF3E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loans And Leases Fair Value Disclosure </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_LoansAndLeasesFairValueDisclosure" xlink:label="loc_bac_LoansAndLeasesFairValueDisclosure_07C3BECF6282AB406A698D44C7DAFF3E" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ServicingAssetAtFairValueAmount_FE767F9BAB5254DC4FC98D44C7DA9DC3_verboseLabel_en-US" xlink:label="lab_us-gaap_ServicingAssetAtFairValueAmount_FE767F9BAB5254DC4FC98D44C7DA9DC3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Mortgage servicing rights </link:label>
<link:label id="lab_us-gaap_ServicingAssetAtFairValueAmount_FE767F9BAB5254DC4FC98D44C7DA9DC3_label_en-US" xlink:label="lab_us-gaap_ServicingAssetAtFairValueAmount_FE767F9BAB5254DC4FC98D44C7DA9DC3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Servicing Asset at Fair Value, Amount </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ServicingAssetAtFairValueAmount" xlink:label="loc_us-gaap_ServicingAssetAtFairValueAmount_FE767F9BAB5254DC4FC98D44C7DA9DC3" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AssetsFairValueDisclosure_D0F1FB0718C650F4557F8D44C7DAD7BA_totalLabel_en-US" xlink:label="lab_us-gaap_AssetsFairValueDisclosure_D0F1FB0718C650F4557F8D44C7DAD7BA" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total assets </link:label>
<link:label id="lab_us-gaap_AssetsFairValueDisclosure_D0F1FB0718C650F4557F8D44C7DAD7BA_label_en-US" xlink:label="lab_us-gaap_AssetsFairValueDisclosure_D0F1FB0718C650F4557F8D44C7DAD7BA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Assets, Fair Value Disclosure </link:label>
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<link:label id="lab_us-gaap_LiabilitiesFairValueDisclosureAbstract_337C86250742AD309F638D44C7DA482E_verboseLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesFairValueDisclosureAbstract_337C86250742AD309F638D44C7DA482E" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Liabilities </link:label>
<link:label id="lab_us-gaap_LiabilitiesFairValueDisclosureAbstract_337C86250742AD309F638D44C7DA482E_label_en-US" xlink:label="lab_us-gaap_LiabilitiesFairValueDisclosureAbstract_337C86250742AD309F638D44C7DA482E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Liabilities, Fair Value Disclosure [Abstract] </link:label>
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<link:label id="lab_bac_InterestBearingDepositsInDomesticCountryOfficesFairValueDisclosure_E173ADEF983C8AC26E2B8D44C7DA4AC7_verboseLabel_en-US" xlink:label="lab_bac_InterestBearingDepositsInDomesticCountryOfficesFairValueDisclosure_E173ADEF983C8AC26E2B8D44C7DA4AC7" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Interest-bearing deposits in U.S. offices </link:label>
<link:label id="lab_bac_InterestBearingDepositsInDomesticCountryOfficesFairValueDisclosure_E173ADEF983C8AC26E2B8D44C7DA4AC7_label_en-US" xlink:label="lab_bac_InterestBearingDepositsInDomesticCountryOfficesFairValueDisclosure_E173ADEF983C8AC26E2B8D44C7DA4AC7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest bearing deposits in domestic country offices fair value disclosure </link:label>
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<link:loc xlink:href="bac-20111231.xsd#bac_InterestBearingDepositsInDomesticCountryOfficesFairValueDisclosure" xlink:label="loc_bac_InterestBearingDepositsInDomesticCountryOfficesFairValueDisclosure_E173ADEF983C8AC26E2B8D44C7DA4AC7" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchaseFairValueDisclosure_EC5DEC55C73E10ECDB928D44C7DAEA3B_verboseLabel_en-US" xlink:label="lab_us-gaap_FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchaseFairValueDisclosure_EC5DEC55C73E10ECDB928D44C7DAEA3B" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Federal funds purchased and securities loaned or sold under agreements to repurchase </link:label>
<link:label id="lab_us-gaap_FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchaseFairValueDisclosure_EC5DEC55C73E10ECDB928D44C7DAEA3B_label_en-US" xlink:label="lab_us-gaap_FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchaseFairValueDisclosure_EC5DEC55C73E10ECDB928D44C7DAEA3B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Federal Funds Purchased and Securities Loaned or Sold under Agreements to Repurchase, Fair Value Disclosure </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchaseFairValueDisclosure" xlink:label="loc_us-gaap_FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchaseFairValueDisclosure_EC5DEC55C73E10ECDB928D44C7DAEA3B" xlink:type="locator"/>
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<link:label id="lab_us-gaap_TradingLiabilitiesFairValueDisclosure_FA7F5D92DE3BCEA610718D44C7DA5D8A_verboseLabel_en-US" xlink:label="lab_us-gaap_TradingLiabilitiesFairValueDisclosure_FA7F5D92DE3BCEA610718D44C7DA5D8A" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Total trading account liabilities </link:label>
<link:label id="lab_us-gaap_TradingLiabilitiesFairValueDisclosure_FA7F5D92DE3BCEA610718D44C7DA5D8A_label_en-US" xlink:label="lab_us-gaap_TradingLiabilitiesFairValueDisclosure_FA7F5D92DE3BCEA610718D44C7DA5D8A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Trading Liabilities, Fair Value Disclosure </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_TradingLiabilitiesFairValueDisclosure" xlink:label="loc_us-gaap_TradingLiabilitiesFairValueDisclosure_FA7F5D92DE3BCEA610718D44C7DA5D8A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TradingLiabilitiesFairValueDisclosure_FA7F5D92DE3BCEA610718D44C7DA5D8A" xlink:to="lab_us-gaap_TradingLiabilitiesFairValueDisclosure_FA7F5D92DE3BCEA610718D44C7DA5D8A" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeFinancialInstrumentsLiabilitiesFairValueDisclosure_124216F60389220F93F78D44C7DAE9F8_verboseLabel_en-US" xlink:label="lab_us-gaap_DerivativeFinancialInstrumentsLiabilitiesFairValueDisclosure_124216F60389220F93F78D44C7DAE9F8" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Derivative liabilities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DerivativeFinancialInstrumentsLiabilitiesFairValueDisclosure" xlink:label="loc_us-gaap_DerivativeFinancialInstrumentsLiabilitiesFairValueDisclosure_124216F60389220F93F78D44C7DAE9F8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeFinancialInstrumentsLiabilitiesFairValueDisclosure_124216F60389220F93F78D44C7DAE9F8" xlink:to="lab_us-gaap_DerivativeFinancialInstrumentsLiabilitiesFairValueDisclosure_124216F60389220F93F78D44C7DAE9F8" xlink:type="arc"/>
<link:label id="lab_bac_CommercialPaperAndOtherShortTermBorrowingsFairValueDisclosure_284F4F6845562F3D663A8D44C7DA825E_verboseLabel_en-US" xlink:label="lab_bac_CommercialPaperAndOtherShortTermBorrowingsFairValueDisclosure_284F4F6845562F3D663A8D44C7DA825E" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Commercial paper and other short-term borrowings </link:label>
<link:label id="lab_bac_CommercialPaperAndOtherShortTermBorrowingsFairValueDisclosure_284F4F6845562F3D663A8D44C7DA825E_label_en-US" xlink:label="lab_bac_CommercialPaperAndOtherShortTermBorrowingsFairValueDisclosure_284F4F6845562F3D663A8D44C7DA825E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Commercial paper and other short term borrowings fair value disclosure </link:label>
<link:label id="lab_bac_CommercialPaperAndOtherShortTermBorrowingsFairValueDisclosure_284F4F6845562F3D663A8D44C7DA825E_documentation_en-US" xlink:label="lab_bac_CommercialPaperAndOtherShortTermBorrowingsFairValueDisclosure_284F4F6845562F3D663A8D44C7DA825E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Commercial paper and other short term borrowings fair value disclosure. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CommercialPaperAndOtherShortTermBorrowingsFairValueDisclosure" xlink:label="loc_bac_CommercialPaperAndOtherShortTermBorrowingsFairValueDisclosure_284F4F6845562F3D663A8D44C7DA825E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CommercialPaperAndOtherShortTermBorrowingsFairValueDisclosure_284F4F6845562F3D663A8D44C7DA825E" xlink:to="lab_bac_CommercialPaperAndOtherShortTermBorrowingsFairValueDisclosure_284F4F6845562F3D663A8D44C7DA825E" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisObligations_8584FD5D26475EB88E9E8D44C7DAD467_verboseLabel_en-US" xlink:label="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisObligations_8584FD5D26475EB88E9E8D44C7DAD467" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Accrued expenses and other liabilities </link:label>
<link:label id="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisObligations_8584FD5D26475EB88E9E8D44C7DAD467_label_en-US" xlink:label="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisObligations_8584FD5D26475EB88E9E8D44C7DAD467" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Obligations, Fair Value Disclosure </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisObligations" xlink:label="loc_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisObligations_8584FD5D26475EB88E9E8D44C7DAD467" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisObligations_8584FD5D26475EB88E9E8D44C7DAD467" xlink:to="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisObligations_8584FD5D26475EB88E9E8D44C7DAD467" xlink:type="arc"/>
<link:label id="lab_us-gaap_LongTermDebtFairValue_14D503413CB6CF414F308D44C7DACC29_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtFairValue_14D503413CB6CF414F308D44C7DACC29" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Long-term debt </link:label>
<link:label id="lab_us-gaap_LongTermDebtFairValue_14D503413CB6CF414F308D44C7DACC29_label_en-US" xlink:label="lab_us-gaap_LongTermDebtFairValue_14D503413CB6CF414F308D44C7DACC29" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Long-term Debt, Fair Value </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LongTermDebtFairValue" xlink:label="loc_us-gaap_LongTermDebtFairValue_14D503413CB6CF414F308D44C7DACC29" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermDebtFairValue_14D503413CB6CF414F308D44C7DACC29" xlink:to="lab_us-gaap_LongTermDebtFairValue_14D503413CB6CF414F308D44C7DACC29" xlink:type="arc"/>
<link:label id="lab_us-gaap_LiabilitiesFairValueDisclosure_3CF754EE4BBFDC67066E8D44C7DABDFE_totalLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesFairValueDisclosure_3CF754EE4BBFDC67066E8D44C7DABDFE" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total liabilities </link:label>
<link:label id="lab_us-gaap_LiabilitiesFairValueDisclosure_3CF754EE4BBFDC67066E8D44C7DABDFE_label_en-US" xlink:label="lab_us-gaap_LiabilitiesFairValueDisclosure_3CF754EE4BBFDC67066E8D44C7DABDFE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Liabilities, Fair Value Disclosure </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LiabilitiesFairValueDisclosure" xlink:label="loc_us-gaap_LiabilitiesFairValueDisclosure_3CF754EE4BBFDC67066E8D44C7DABDFE" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LiabilitiesFairValueDisclosure_3CF754EE4BBFDC67066E8D44C7DABDFE" xlink:to="lab_us-gaap_LiabilitiesFairValueDisclosure_3CF754EE4BBFDC67066E8D44C7DABDFE" xlink:type="arc"/>
<link:label id="lab_bac_GrossTransfersBetweenLevelOneAndLevelTwo_FDC43F818507D877C1908D44C7DA4502_terseLabel_en-US" xlink:label="lab_bac_GrossTransfersBetweenLevelOneAndLevelTwo_FDC43F818507D877C1908D44C7DA4502" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Gross transfers between Level One and Level Two </link:label>
<link:label id="lab_bac_GrossTransfersBetweenLevelOneAndLevelTwo_FDC43F818507D877C1908D44C7DA4502_label_en-US" xlink:label="lab_bac_GrossTransfersBetweenLevelOneAndLevelTwo_FDC43F818507D877C1908D44C7DA4502" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Gross transfers between Level One and Level Two </link:label>
<link:label id="lab_bac_GrossTransfersBetweenLevelOneAndLevelTwo_FDC43F818507D877C1908D44C7DA4502_documentation_en-US" xlink:label="lab_bac_GrossTransfersBetweenLevelOneAndLevelTwo_FDC43F818507D877C1908D44C7DA4502" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents gross transfer of assets and liabilities carried at fair value on a recurring basis between level 1 and 2. Assets and liabilities are categorized as Level 1 or 2 based on the observability of inputs. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_GrossTransfersBetweenLevelOneAndLevelTwo" xlink:label="loc_bac_GrossTransfersBetweenLevelOneAndLevelTwo_FDC43F818507D877C1908D44C7DA4502" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_GrossTransfersBetweenLevelOneAndLevelTwo_FDC43F818507D877C1908D44C7DA4502" xlink:to="lab_bac_GrossTransfersBetweenLevelOneAndLevelTwo_FDC43F818507D877C1908D44C7DA4502" xlink:type="arc"/>
<link:label id="lab_us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock_069A928A682F794EE90D37F74EFD5F3B_verboseLabel_en-US" xlink:label="lab_us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock_069A928A682F794EE90D37F74EFD5F3B" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Changes in the Allowance for Credit Losses </link:label>
<link:label id="lab_us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock_069A928A682F794EE90D37F74EFD5F3B_label_en-US" xlink:label="lab_us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock_069A928A682F794EE90D37F74EFD5F3B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Allowance for Credit Losses on Financing Receivables [Table Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock" xlink:label="loc_us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock_069A928A682F794EE90D37F74EFD5F3B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock_069A928A682F794EE90D37F74EFD5F3B" xlink:to="lab_us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock_069A928A682F794EE90D37F74EFD5F3B" xlink:type="arc"/>
<link:label id="lab_bac_AllowanceForCreditLossesAndCarryingValueOfFinancingReceivablesByPortfolioSegmentTableTextBlock_F2CCF069227FA42E2CFB37FC559FE05E_verboseLabel_en-US" xlink:label="lab_bac_AllowanceForCreditLossesAndCarryingValueOfFinancingReceivablesByPortfolioSegmentTableTextBlock_F2CCF069227FA42E2CFB37FC559FE05E" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Carrying Value of Outstanding Loans and Leases </link:label>
<link:label id="lab_bac_AllowanceForCreditLossesAndCarryingValueOfFinancingReceivablesByPortfolioSegmentTableTextBlock_F2CCF069227FA42E2CFB37FC559FE05E_label_en-US" xlink:label="lab_bac_AllowanceForCreditLossesAndCarryingValueOfFinancingReceivablesByPortfolioSegmentTableTextBlock_F2CCF069227FA42E2CFB37FC559FE05E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Allowance For Credit Losses and Carrying Value of Financing Receivables by Portfolio Segment [Table Text Block] </link:label>
<link:label id="lab_bac_AllowanceForCreditLossesAndCarryingValueOfFinancingReceivablesByPortfolioSegmentTableTextBlock_F2CCF069227FA42E2CFB37FC559FE05E_documentation_en-US" xlink:label="lab_bac_AllowanceForCreditLossesAndCarryingValueOfFinancingReceivablesByPortfolioSegmentTableTextBlock_F2CCF069227FA42E2CFB37FC559FE05E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> The allowance for credit losses and carrying value of financing receivables by portfolio segment. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_AllowanceForCreditLossesAndCarryingValueOfFinancingReceivablesByPortfolioSegmentTableTextBlock" xlink:label="loc_bac_AllowanceForCreditLossesAndCarryingValueOfFinancingReceivablesByPortfolioSegmentTableTextBlock_F2CCF069227FA42E2CFB37FC559FE05E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_AllowanceForCreditLossesAndCarryingValueOfFinancingReceivablesByPortfolioSegmentTableTextBlock_F2CCF069227FA42E2CFB37FC559FE05E" xlink:to="lab_bac_AllowanceForCreditLossesAndCarryingValueOfFinancingReceivablesByPortfolioSegmentTableTextBlock_F2CCF069227FA42E2CFB37FC559FE05E" xlink:type="arc"/>
<link:label id="lab_bac_OutstandingClaimsByCategoryAndProductTableTextBlock_97D65392AF79CC566403CF31DFF5DAB3_terseLabel_en-US" xlink:label="lab_bac_OutstandingClaimsByCategoryAndProductTableTextBlock_97D65392AF79CC566403CF31DFF5DAB3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Outstanding Claims By Category And Product [Table Text Block] </link:label>
<link:label id="lab_bac_OutstandingClaimsByCategoryAndProductTableTextBlock_97D65392AF79CC566403CF31DFF5DAB3_label_en-US" xlink:label="lab_bac_OutstandingClaimsByCategoryAndProductTableTextBlock_97D65392AF79CC566403CF31DFF5DAB3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Outstanding Claims By Category And Product [Table Text Block] </link:label>
<link:label id="lab_bac_OutstandingClaimsByCategoryAndProductTableTextBlock_97D65392AF79CC566403CF31DFF5DAB3_documentation_en-US" xlink:label="lab_bac_OutstandingClaimsByCategoryAndProductTableTextBlock_97D65392AF79CC566403CF31DFF5DAB3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Outstanding Claims By Category And Product. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_OutstandingClaimsByCategoryAndProductTableTextBlock" xlink:label="loc_bac_OutstandingClaimsByCategoryAndProductTableTextBlock_97D65392AF79CC566403CF31DFF5DAB3" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_OutstandingClaimsByCategoryAndProductTableTextBlock_97D65392AF79CC566403CF31DFF5DAB3" xlink:to="lab_bac_OutstandingClaimsByCategoryAndProductTableTextBlock_97D65392AF79CC566403CF31DFF5DAB3" xlink:type="arc"/>
<link:label id="lab_bac_LoanRepurchasesAndIndemnificationPaymentsTableTextBlock_64D671B5BCD88075AB1FCF33AFE9C7FB_terseLabel_en-US" xlink:label="lab_bac_LoanRepurchasesAndIndemnificationPaymentsTableTextBlock_64D671B5BCD88075AB1FCF33AFE9C7FB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loan Repurchases And Indemnification Payments [Table Text Block] </link:label>
<link:label id="lab_bac_LoanRepurchasesAndIndemnificationPaymentsTableTextBlock_64D671B5BCD88075AB1FCF33AFE9C7FB_label_en-US" xlink:label="lab_bac_LoanRepurchasesAndIndemnificationPaymentsTableTextBlock_64D671B5BCD88075AB1FCF33AFE9C7FB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loan Repurchases And Indemnification Payments [Table Text Block] </link:label>
<link:label id="lab_bac_LoanRepurchasesAndIndemnificationPaymentsTableTextBlock_64D671B5BCD88075AB1FCF33AFE9C7FB_documentation_en-US" xlink:label="lab_bac_LoanRepurchasesAndIndemnificationPaymentsTableTextBlock_64D671B5BCD88075AB1FCF33AFE9C7FB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Loan Repurchases And Indemnification Payments. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_LoanRepurchasesAndIndemnificationPaymentsTableTextBlock" xlink:label="loc_bac_LoanRepurchasesAndIndemnificationPaymentsTableTextBlock_64D671B5BCD88075AB1FCF33AFE9C7FB" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_LoanRepurchasesAndIndemnificationPaymentsTableTextBlock_64D671B5BCD88075AB1FCF33AFE9C7FB" xlink:to="lab_bac_LoanRepurchasesAndIndemnificationPaymentsTableTextBlock_64D671B5BCD88075AB1FCF33AFE9C7FB" xlink:type="arc"/>
<link:label id="lab_bac_RollforwardOfLiabilityForRepresentationsAndWarrantiesTableTextBlock_BE19A90625907735831BCF37D865955A_terseLabel_en-US" xlink:label="lab_bac_RollforwardOfLiabilityForRepresentationsAndWarrantiesTableTextBlock_BE19A90625907735831BCF37D865955A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Rollforward Of Liability For Representations And Warranties [Table Text Block] </link:label>
<link:label id="lab_bac_RollforwardOfLiabilityForRepresentationsAndWarrantiesTableTextBlock_BE19A90625907735831BCF37D865955A_label_en-US" xlink:label="lab_bac_RollforwardOfLiabilityForRepresentationsAndWarrantiesTableTextBlock_BE19A90625907735831BCF37D865955A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Rollforward Of Liability For Representations And Warranties [Table Text Block] </link:label>
<link:label id="lab_bac_RollforwardOfLiabilityForRepresentationsAndWarrantiesTableTextBlock_BE19A90625907735831BCF37D865955A_documentation_en-US" xlink:label="lab_bac_RollforwardOfLiabilityForRepresentationsAndWarrantiesTableTextBlock_BE19A90625907735831BCF37D865955A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Rollforward Of Liability For Representations And Warranties. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_RollforwardOfLiabilityForRepresentationsAndWarrantiesTableTextBlock" xlink:label="loc_bac_RollforwardOfLiabilityForRepresentationsAndWarrantiesTableTextBlock_BE19A90625907735831BCF37D865955A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_RollforwardOfLiabilityForRepresentationsAndWarrantiesTableTextBlock_BE19A90625907735831BCF37D865955A" xlink:to="lab_bac_RollforwardOfLiabilityForRepresentationsAndWarrantiesTableTextBlock_BE19A90625907735831BCF37D865955A" xlink:type="arc"/>
<link:label id="lab_bac_OtherThanTemporarilyImpairedMember_9C50B708283C7BB51339BC84D591D787_label_en-US" xlink:label="lab_bac_OtherThanTemporarilyImpairedMember_9C50B708283C7BB51339BC84D591D787" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Than Temporarily Impaired [Member] </link:label>
<link:label id="lab_bac_OtherThanTemporarilyImpairedMember_9C50B708283C7BB51339BC84D591D787_documentation_en-US" xlink:label="lab_bac_OtherThanTemporarilyImpairedMember_9C50B708283C7BB51339BC84D591D787" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Other than temporarily impaired. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_OtherThanTemporarilyImpairedMember" xlink:label="loc_bac_OtherThanTemporarilyImpairedMember_9C50B708283C7BB51339BC84D591D787" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAbstract_438194392D845199DA5BBC3CF2BFA10E_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAbstract_438194392D845199DA5BBC3CF2BFA10E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAbstract" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAbstract_438194392D845199DA5BBC3CF2BFA10E" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue_DF3A2B20CC181FC4E85FBC473484F6A4_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue_DF3A2B20CC181FC4E85FBC473484F6A4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Less than Twelve Months, Fair Value </link:label>
<link:label id="lab_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue_DF3A2B20CC181FC4E85FBC473484F6A4_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue_DF3A2B20CC181FC4E85FBC473484F6A4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value </link:label>
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<link:label id="lab_us-gaap_AvailableforsaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLosses1_8897157EAC359F1EA17CBC4763D4577F_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_AvailableforsaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLosses1_8897157EAC359F1EA17CBC4763D4577F" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Less than Twelve Months, Gross Unrealized Losses </link:label>
<link:label id="lab_us-gaap_AvailableforsaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLosses1_8897157EAC359F1EA17CBC4763D4577F_label_en-US" xlink:label="lab_us-gaap_AvailableforsaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLosses1_8897157EAC359F1EA17CBC4763D4577F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Aggregate Losses </link:label>
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<link:label id="lab_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_A2577579EB08C6FC45E2BC481D0688D6_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_A2577579EB08C6FC45E2BC481D0688D6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Twelve Months or Longer, Fair Value </link:label>
<link:label id="lab_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_A2577579EB08C6FC45E2BC481D0688D6_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_A2577579EB08C6FC45E2BC481D0688D6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_A2577579EB08C6FC45E2BC481D0688D6" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AvailableforsaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLosses1_8B91AF9F2B4E92FFC162BC483FD580C3_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_AvailableforsaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLosses1_8B91AF9F2B4E92FFC162BC483FD580C3" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Twelve Months or Longer, Gross Unrealized Losses </link:label>
<link:label id="lab_us-gaap_AvailableforsaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLosses1_8B91AF9F2B4E92FFC162BC483FD580C3_label_en-US" xlink:label="lab_us-gaap_AvailableforsaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLosses1_8B91AF9F2B4E92FFC162BC483FD580C3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Aggregate Losses </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AvailableforsaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLosses1" xlink:label="loc_us-gaap_AvailableforsaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLosses1_8B91AF9F2B4E92FFC162BC483FD580C3" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue_A82E8CC3466EA05F31B8BC488746EBE9_totalLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue_A82E8CC3466EA05F31B8BC488746EBE9" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total, Fair Value </link:label>
<link:label id="lab_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue_A82E8CC3466EA05F31B8BC488746EBE9_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue_A82E8CC3466EA05F31B8BC488746EBE9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue_A82E8CC3466EA05F31B8BC488746EBE9" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AvailableforsaleSecuritiesContinuousUnrealizedLossPositionAggregateLosses1_BBDD09C22B932C81FF98BC48E47D7B91_negatedTotalLabel_en-US" xlink:label="lab_us-gaap_AvailableforsaleSecuritiesContinuousUnrealizedLossPositionAggregateLosses1_BBDD09C22B932C81FF98BC48E47D7B91" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="resource" xml:lang="en-US"> Total, Gross Unrealized Losses </link:label>
<link:label id="lab_us-gaap_AvailableforsaleSecuritiesContinuousUnrealizedLossPositionAggregateLosses1_BBDD09C22B932C81FF98BC48E47D7B91_label_en-US" xlink:label="lab_us-gaap_AvailableforsaleSecuritiesContinuousUnrealizedLossPositionAggregateLosses1_BBDD09C22B932C81FF98BC48E47D7B91" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Losses </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AvailableforsaleSecuritiesContinuousUnrealizedLossPositionAggregateLosses1" xlink:label="loc_us-gaap_AvailableforsaleSecuritiesContinuousUnrealizedLossPositionAggregateLosses1_BBDD09C22B932C81FF98BC48E47D7B91" xlink:type="locator"/>
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<link:label id="lab_bac_NumberOfAvailableForSaleSecuritiesAmortizedCostExceedsFairValue_6450710BE0DE78A5B801BC99B4F81672_terseLabel_en-US" xlink:label="lab_bac_NumberOfAvailableForSaleSecuritiesAmortizedCostExceedsFairValue_6450710BE0DE78A5B801BC99B4F81672" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Number of Available for Sale Securities Amortized Cost Exceeds Fair Value </link:label>
<link:label id="lab_bac_NumberOfAvailableForSaleSecuritiesAmortizedCostExceedsFairValue_6450710BE0DE78A5B801BC99B4F81672_label_en-US" xlink:label="lab_bac_NumberOfAvailableForSaleSecuritiesAmortizedCostExceedsFairValue_6450710BE0DE78A5B801BC99B4F81672" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Number of Available for Sale Securities Amortized Cost Exceeds Fair Value </link:label>
<link:label id="lab_bac_NumberOfAvailableForSaleSecuritiesAmortizedCostExceedsFairValue_6450710BE0DE78A5B801BC99B4F81672_documentation_en-US" xlink:label="lab_bac_NumberOfAvailableForSaleSecuritiesAmortizedCostExceedsFairValue_6450710BE0DE78A5B801BC99B4F81672" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents the total number of available-for-sale securities where amortized cost exceed their fair value. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_NumberOfAvailableForSaleSecuritiesAmortizedCostExceedsFairValue" xlink:label="loc_bac_NumberOfAvailableForSaleSecuritiesAmortizedCostExceedsFairValue_6450710BE0DE78A5B801BC99B4F81672" xlink:type="locator"/>
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<link:label id="lab_bac_AvailableForSaleSecuritiesAmortizedCostExceedingFairValue_0C34477BC63B88D208A0BC9D4C4216A0_terseLabel_en-US" xlink:label="lab_bac_AvailableForSaleSecuritiesAmortizedCostExceedingFairValue_0C34477BC63B88D208A0BC9D4C4216A0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Available for Sale Securities Amortized Cost Exceeding Fair Value </link:label>
<link:label id="lab_bac_AvailableForSaleSecuritiesAmortizedCostExceedingFairValue_0C34477BC63B88D208A0BC9D4C4216A0_label_en-US" xlink:label="lab_bac_AvailableForSaleSecuritiesAmortizedCostExceedingFairValue_0C34477BC63B88D208A0BC9D4C4216A0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Available for Sale Securities Amortized Cost Exceeding Fair Value </link:label>
<link:label id="lab_bac_AvailableForSaleSecuritiesAmortizedCostExceedingFairValue_0C34477BC63B88D208A0BC9D4C4216A0_documentation_en-US" xlink:label="lab_bac_AvailableForSaleSecuritiesAmortizedCostExceedingFairValue_0C34477BC63B88D208A0BC9D4C4216A0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents the amount by which amortized cost of available-for-sale securities exceeded fair value. </link:label>
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<link:label id="lab_us-gaap_AdjustmentsForChangeInAccountingPrincipleAxis_E179A65950502D717624FDCFF9DE7886_label_en-US" xlink:label="lab_us-gaap_AdjustmentsForChangeInAccountingPrincipleAxis_E179A65950502D717624FDCFF9DE7886" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Adjustments for Change in Accounting Principle [Axis] </link:label>
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<link:label id="lab_us-gaap_ChangeInAccountingPrincipleMember_F4F082039C1DCFADCE10FDDB63574112_label_en-US" xlink:label="lab_us-gaap_ChangeInAccountingPrincipleMember_F4F082039C1DCFADCE10FDDB63574112" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Adjustments for Change in Accounting Principle [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ChangeInAccountingPrincipleMember" xlink:label="loc_us-gaap_ChangeInAccountingPrincipleMember_F4F082039C1DCFADCE10FDDB63574112" xlink:type="locator"/>
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<link:label id="lab_bac_SecuritizationImpactMember_6037A21BFDA13898A1E4FDC708E48057_label_en-US" xlink:label="lab_bac_SecuritizationImpactMember_6037A21BFDA13898A1E4FDC708E48057" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securitization Impact [Member] </link:label>
<link:label id="lab_bac_SecuritizationImpactMember_6037A21BFDA13898A1E4FDC708E48057_documentation_en-US" xlink:label="lab_bac_SecuritizationImpactMember_6037A21BFDA13898A1E4FDC708E48057" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Securitization impact. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_SecuritizationImpactMember" xlink:label="loc_bac_SecuritizationImpactMember_6037A21BFDA13898A1E4FDC708E48057" xlink:type="locator"/>
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<link:label id="lab_bac_FullyTaxableEquivalentBasisAdjustmentMember_2DA81A659EBC11CED217FD8C72545F4C_label_en-US" xlink:label="lab_bac_FullyTaxableEquivalentBasisAdjustmentMember_2DA81A659EBC11CED217FD8C72545F4C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fully Taxable Equivalent Basis Adjustment [Member] </link:label>
<link:label id="lab_bac_FullyTaxableEquivalentBasisAdjustmentMember_2DA81A659EBC11CED217FD8C72545F4C_documentation_en-US" xlink:label="lab_bac_FullyTaxableEquivalentBasisAdjustmentMember_2DA81A659EBC11CED217FD8C72545F4C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Fully Taxable Equivalent Basis Adjustment Member. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_FullyTaxableEquivalentBasisAdjustmentMember" xlink:label="loc_bac_FullyTaxableEquivalentBasisAdjustmentMember_2DA81A659EBC11CED217FD8C72545F4C" xlink:type="locator"/>
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<link:label id="lab_bac_MergerAndRestructuringChargesMember_877EACB3F7312E04323FFDE2CBC3E1A0_label_en-US" xlink:label="lab_bac_MergerAndRestructuringChargesMember_877EACB3F7312E04323FFDE2CBC3E1A0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Merger and restructuring charges [Member] </link:label>
<link:label id="lab_bac_MergerAndRestructuringChargesMember_877EACB3F7312E04323FFDE2CBC3E1A0_documentation_en-US" xlink:label="lab_bac_MergerAndRestructuringChargesMember_877EACB3F7312E04323FFDE2CBC3E1A0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Merger And Restructuring Charges Member. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_MergerAndRestructuringChargesMember" xlink:label="loc_bac_MergerAndRestructuringChargesMember_877EACB3F7312E04323FFDE2CBC3E1A0" xlink:type="locator"/>
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<link:label id="lab_bac_RevenueAtFullTaxEquivalentBasisNetOfInterestExpense_426D739E4EAF23E5F91DFD8BBCF01F94_terseLabel_en-US" xlink:label="lab_bac_RevenueAtFullTaxEquivalentBasisNetOfInterestExpense_426D739E4EAF23E5F91DFD8BBCF01F94" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Segments' total revenue, net of interest expense (FTE basis) </link:label>
<link:label id="lab_bac_RevenueAtFullTaxEquivalentBasisNetOfInterestExpense_426D739E4EAF23E5F91DFD8BBCF01F94_label_en-US" xlink:label="lab_bac_RevenueAtFullTaxEquivalentBasisNetOfInterestExpense_426D739E4EAF23E5F91DFD8BBCF01F94" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Revenue At Full Tax Equivalent Basis Net Of Interest Expense </link:label>
<link:label id="lab_bac_RevenueAtFullTaxEquivalentBasisNetOfInterestExpense_426D739E4EAF23E5F91DFD8BBCF01F94_documentation_en-US" xlink:label="lab_bac_RevenueAtFullTaxEquivalentBasisNetOfInterestExpense_426D739E4EAF23E5F91DFD8BBCF01F94" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Revenue, at full tax equivalent basis, net of interest expense. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_RevenueAtFullTaxEquivalentBasisNetOfInterestExpense" xlink:label="loc_bac_RevenueAtFullTaxEquivalentBasisNetOfInterestExpense_426D739E4EAF23E5F91DFD8BBCF01F94" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_RevenueAtFullTaxEquivalentBasisNetOfInterestExpense_426D739E4EAF23E5F91DFD8BBCF01F94" xlink:to="lab_bac_RevenueAtFullTaxEquivalentBasisNetOfInterestExpense_426D739E4EAF23E5F91DFD8BBCF01F94" xlink:type="arc"/>
<link:label id="lab_us-gaap_ScheduleOfGuaranteeObligationsTextBlock_B2DA4B18451BB001D0B0D45B61670773_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfGuaranteeObligationsTextBlock_B2DA4B18451BB001D0B0D45B61670773" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Guarantor Obligations [Table Text Block] </link:label>
<link:label id="lab_us-gaap_ScheduleOfGuaranteeObligationsTextBlock_B2DA4B18451BB001D0B0D45B61670773_label_en-US" xlink:label="lab_us-gaap_ScheduleOfGuaranteeObligationsTextBlock_B2DA4B18451BB001D0B0D45B61670773" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Guarantor Obligations [Table Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ScheduleOfGuaranteeObligationsTextBlock" xlink:label="loc_us-gaap_ScheduleOfGuaranteeObligationsTextBlock_B2DA4B18451BB001D0B0D45B61670773" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfGuaranteeObligationsTextBlock_B2DA4B18451BB001D0B0D45B61670773" xlink:to="lab_us-gaap_ScheduleOfGuaranteeObligationsTextBlock_B2DA4B18451BB001D0B0D45B61670773" xlink:type="arc"/>
<link:label id="lab_bac_OtherInvestmentVehiclesFundsTrustsConduitsAndRealEstateVehiclesMember_F4CAF644117BA9C9F52091D4569D9688_terseLabel_en-US" xlink:label="lab_bac_OtherInvestmentVehiclesFundsTrustsConduitsAndRealEstateVehiclesMember_F4CAF644117BA9C9F52091D4569D9688" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other Investment Vehicles Funds Trusts Conduits And Real Estate Vehicles [Member] </link:label>
<link:label id="lab_bac_OtherInvestmentVehiclesFundsTrustsConduitsAndRealEstateVehiclesMember_F4CAF644117BA9C9F52091D4569D9688_label_en-US" xlink:label="lab_bac_OtherInvestmentVehiclesFundsTrustsConduitsAndRealEstateVehiclesMember_F4CAF644117BA9C9F52091D4569D9688" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Investment Vehicles Funds Trusts Conduits And Real Estate Vehicles [Member] </link:label>
<link:label id="lab_bac_OtherInvestmentVehiclesFundsTrustsConduitsAndRealEstateVehiclesMember_F4CAF644117BA9C9F52091D4569D9688_documentation_en-US" xlink:label="lab_bac_OtherInvestmentVehiclesFundsTrustsConduitsAndRealEstateVehiclesMember_F4CAF644117BA9C9F52091D4569D9688" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Include investment vehicles, real estate vehicles, collective investment funds, leveraged lease trusts and asset acquisition conduits. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_OtherInvestmentVehiclesFundsTrustsConduitsAndRealEstateVehiclesMember" xlink:label="loc_bac_OtherInvestmentVehiclesFundsTrustsConduitsAndRealEstateVehiclesMember_F4CAF644117BA9C9F52091D4569D9688" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_OtherInvestmentVehiclesFundsTrustsConduitsAndRealEstateVehiclesMember_F4CAF644117BA9C9F52091D4569D9688" xlink:to="lab_bac_OtherInvestmentVehiclesFundsTrustsConduitsAndRealEstateVehiclesMember_F4CAF644117BA9C9F52091D4569D9688" xlink:type="arc"/>
<link:label id="lab_bac_InvestmentVehiclesMember_B1C6F90DF3A8FDE4CEAA91D9330D27B6_terseLabel_en-US" xlink:label="lab_bac_InvestmentVehiclesMember_B1C6F90DF3A8FDE4CEAA91D9330D27B6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Investment Vehicles [Member] </link:label>
<link:label id="lab_bac_InvestmentVehiclesMember_B1C6F90DF3A8FDE4CEAA91D9330D27B6_label_en-US" xlink:label="lab_bac_InvestmentVehiclesMember_B1C6F90DF3A8FDE4CEAA91D9330D27B6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Investment Vehicles [Member] </link:label>
<link:label id="lab_bac_InvestmentVehiclesMember_B1C6F90DF3A8FDE4CEAA91D9330D27B6_documentation_en-US" xlink:label="lab_bac_InvestmentVehiclesMember_B1C6F90DF3A8FDE4CEAA91D9330D27B6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Investment Vehicles [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_InvestmentVehiclesMember" xlink:label="loc_bac_InvestmentVehiclesMember_B1C6F90DF3A8FDE4CEAA91D9330D27B6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_InvestmentVehiclesMember_B1C6F90DF3A8FDE4CEAA91D9330D27B6" xlink:to="lab_bac_InvestmentVehiclesMember_B1C6F90DF3A8FDE4CEAA91D9330D27B6" xlink:type="arc"/>
<link:label id="lab_bac_CollectiveInvestmentFundMember_6B140CABC1C5B5E291E791EF5ED29768_terseLabel_en-US" xlink:label="lab_bac_CollectiveInvestmentFundMember_6B140CABC1C5B5E291E791EF5ED29768" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Collective Investment Fund [Member] </link:label>
<link:label id="lab_bac_CollectiveInvestmentFundMember_6B140CABC1C5B5E291E791EF5ED29768_label_en-US" xlink:label="lab_bac_CollectiveInvestmentFundMember_6B140CABC1C5B5E291E791EF5ED29768" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Collective Investment Fund [Member] </link:label>
<link:label id="lab_bac_CollectiveInvestmentFundMember_6B140CABC1C5B5E291E791EF5ED29768_documentation_en-US" xlink:label="lab_bac_CollectiveInvestmentFundMember_6B140CABC1C5B5E291E791EF5ED29768" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Collective Investment Fund. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CollectiveInvestmentFundMember" xlink:label="loc_bac_CollectiveInvestmentFundMember_6B140CABC1C5B5E291E791EF5ED29768" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CollectiveInvestmentFundMember_6B140CABC1C5B5E291E791EF5ED29768" xlink:to="lab_bac_CollectiveInvestmentFundMember_6B140CABC1C5B5E291E791EF5ED29768" xlink:type="arc"/>
<link:label id="lab_bac_LeveragedLeaseTrustsMember_49C9B1B4362430C6D43C91D9D1C3C131_terseLabel_en-US" xlink:label="lab_bac_LeveragedLeaseTrustsMember_49C9B1B4362430C6D43C91D9D1C3C131" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Leveraged Lease Trusts [Member] </link:label>
<link:label id="lab_bac_LeveragedLeaseTrustsMember_49C9B1B4362430C6D43C91D9D1C3C131_label_en-US" xlink:label="lab_bac_LeveragedLeaseTrustsMember_49C9B1B4362430C6D43C91D9D1C3C131" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Leveraged Lease Trusts [Member] </link:label>
<link:label id="lab_bac_LeveragedLeaseTrustsMember_49C9B1B4362430C6D43C91D9D1C3C131_documentation_en-US" xlink:label="lab_bac_LeveragedLeaseTrustsMember_49C9B1B4362430C6D43C91D9D1C3C131" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Leveraged Lease Trusts. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_LeveragedLeaseTrustsMember" xlink:label="loc_bac_LeveragedLeaseTrustsMember_49C9B1B4362430C6D43C91D9D1C3C131" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_LeveragedLeaseTrustsMember_49C9B1B4362430C6D43C91D9D1C3C131" xlink:to="lab_bac_LeveragedLeaseTrustsMember_49C9B1B4362430C6D43C91D9D1C3C131" xlink:type="arc"/>
<link:label id="lab_bac_AssetAcquisitionConduitMember_E708F1A27EA30905FBBC91E02D8F0989_terseLabel_en-US" xlink:label="lab_bac_AssetAcquisitionConduitMember_E708F1A27EA30905FBBC91E02D8F0989" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Asset Acquisition Conduit [Member] </link:label>
<link:label id="lab_bac_AssetAcquisitionConduitMember_E708F1A27EA30905FBBC91E02D8F0989_label_en-US" xlink:label="lab_bac_AssetAcquisitionConduitMember_E708F1A27EA30905FBBC91E02D8F0989" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Asset Acquisition Conduit [Member] </link:label>
<link:label id="lab_bac_AssetAcquisitionConduitMember_E708F1A27EA30905FBBC91E02D8F0989_documentation_en-US" xlink:label="lab_bac_AssetAcquisitionConduitMember_E708F1A27EA30905FBBC91E02D8F0989" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Asset Acquisition Conduit [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_AssetAcquisitionConduitMember" xlink:label="loc_bac_AssetAcquisitionConduitMember_E708F1A27EA30905FBBC91E02D8F0989" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_AssetAcquisitionConduitMember_E708F1A27EA30905FBBC91E02D8F0989" xlink:to="lab_bac_AssetAcquisitionConduitMember_E708F1A27EA30905FBBC91E02D8F0989" xlink:type="arc"/>
<link:label id="lab_bac_RealEstateVehiclesMember_39C1DD55E9AA4C6ADB4491E19D3CB57C_terseLabel_en-US" xlink:label="lab_bac_RealEstateVehiclesMember_39C1DD55E9AA4C6ADB4491E19D3CB57C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Real Estate Vehicles [Member] </link:label>
<link:label id="lab_bac_RealEstateVehiclesMember_39C1DD55E9AA4C6ADB4491E19D3CB57C_label_en-US" xlink:label="lab_bac_RealEstateVehiclesMember_39C1DD55E9AA4C6ADB4491E19D3CB57C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Real Estate Vehicles [Member] </link:label>
<link:label id="lab_bac_RealEstateVehiclesMember_39C1DD55E9AA4C6ADB4491E19D3CB57C_documentation_en-US" xlink:label="lab_bac_RealEstateVehiclesMember_39C1DD55E9AA4C6ADB4491E19D3CB57C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Real Estate Vehicles [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_RealEstateVehiclesMember" xlink:label="loc_bac_RealEstateVehiclesMember_39C1DD55E9AA4C6ADB4491E19D3CB57C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_RealEstateVehiclesMember_39C1DD55E9AA4C6ADB4491E19D3CB57C" xlink:to="lab_bac_RealEstateVehiclesMember_39C1DD55E9AA4C6ADB4491E19D3CB57C" xlink:type="arc"/>
<link:label id="lab_bac_OtherAssetBackFinancingArrangementMember_53650967F6F5938ADA9D91EB79A737A1_terseLabel_en-US" xlink:label="lab_bac_OtherAssetBackFinancingArrangementMember_53650967F6F5938ADA9D91EB79A737A1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other Asset Back Financing Arrangement [Member] </link:label>
<link:label id="lab_bac_OtherAssetBackFinancingArrangementMember_53650967F6F5938ADA9D91EB79A737A1_label_en-US" xlink:label="lab_bac_OtherAssetBackFinancingArrangementMember_53650967F6F5938ADA9D91EB79A737A1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Asset Back Financing Arrangement [Member] </link:label>
<link:label id="lab_bac_OtherAssetBackFinancingArrangementMember_53650967F6F5938ADA9D91EB79A737A1_documentation_en-US" xlink:label="lab_bac_OtherAssetBackFinancingArrangementMember_53650967F6F5938ADA9D91EB79A737A1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Other Asset Back Financing Arrangement [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_OtherAssetBackFinancingArrangementMember" xlink:label="loc_bac_OtherAssetBackFinancingArrangementMember_53650967F6F5938ADA9D91EB79A737A1" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_OtherAssetBackFinancingArrangementMember_53650967F6F5938ADA9D91EB79A737A1" xlink:to="lab_bac_OtherAssetBackFinancingArrangementMember_53650967F6F5938ADA9D91EB79A737A1" xlink:type="arc"/>
<link:label id="lab_bac_AssetsForCertainCommonAndCollectiveInvestmentFundsForWhichCorporationIsTrusteeButDoesNotHaveVariableInterestExcludingStableValueCollectiveInvestmentFund_014C9B9C0F840774F98291F27210D814_terseLabel_en-US" xlink:label="lab_bac_AssetsForCertainCommonAndCollectiveInvestmentFundsForWhichCorporationIsTrusteeButDoesNotHaveVariableInterestExcludingStableValueCollectiveInvestmentFund_014C9B9C0F840774F98291F27210D814" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Assets For Certain Common And Collective Investment Funds For Which Corporation Is Trustee But Does Not Have Variable Interest Excluding Stable Value Collective Investment Fund </link:label>
<link:label id="lab_bac_AssetsForCertainCommonAndCollectiveInvestmentFundsForWhichCorporationIsTrusteeButDoesNotHaveVariableInterestExcludingStableValueCollectiveInvestmentFund_014C9B9C0F840774F98291F27210D814_label_en-US" xlink:label="lab_bac_AssetsForCertainCommonAndCollectiveInvestmentFundsForWhichCorporationIsTrusteeButDoesNotHaveVariableInterestExcludingStableValueCollectiveInvestmentFund_014C9B9C0F840774F98291F27210D814" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Assets For Certain Common And Collective Investment Funds For Which Corporation Is Trustee But Does Not Have Variable Interest Excluding Stable Value Collective Investment Fund </link:label>
<link:label id="lab_bac_AssetsForCertainCommonAndCollectiveInvestmentFundsForWhichCorporationIsTrusteeButDoesNotHaveVariableInterestExcludingStableValueCollectiveInvestmentFund_014C9B9C0F840774F98291F27210D814_documentation_en-US" xlink:label="lab_bac_AssetsForCertainCommonAndCollectiveInvestmentFundsForWhichCorporationIsTrusteeButDoesNotHaveVariableInterestExcludingStableValueCollectiveInvestmentFund_014C9B9C0F840774F98291F27210D814" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the total assets of certain common and collective investment funds for which the Corporation is trustee. The Corporation does not hold a variable interest except in the stable value investment fund. The funds hold a variety of cash, debt and equity instruments. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_AssetsForCertainCommonAndCollectiveInvestmentFundsForWhichCorporationIsTrusteeButDoesNotHaveVariableInterestExcludingStableValueCollectiveInvestmentFund" xlink:label="loc_bac_AssetsForCertainCommonAndCollectiveInvestmentFundsForWhichCorporationIsTrusteeButDoesNotHaveVariableInterestExcludingStableValueCollectiveInvestmentFund_014C9B9C0F840774F98291F27210D814" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_AssetsForCertainCommonAndCollectiveInvestmentFundsForWhichCorporationIsTrusteeButDoesNotHaveVariableInterestExcludingStableValueCollectiveInvestmentFund_014C9B9C0F840774F98291F27210D814" xlink:to="lab_bac_AssetsForCertainCommonAndCollectiveInvestmentFundsForWhichCorporationIsTrusteeButDoesNotHaveVariableInterestExcludingStableValueCollectiveInvestmentFund_014C9B9C0F840774F98291F27210D814" xlink:type="arc"/>
<link:label id="lab_bac_AssetsForCertainCommonAndCollectiveInvestmentFundStableValueCollectiveInvestmentFundForWhichCorporationHoldsVariableInterest_9DEE3BB664157312C60C91F322487F22_terseLabel_en-US" xlink:label="lab_bac_AssetsForCertainCommonAndCollectiveInvestmentFundStableValueCollectiveInvestmentFundForWhichCorporationHoldsVariableInterest_9DEE3BB664157312C60C91F322487F22" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Assets For Certain Common And Collective Investment Fund Stable Value Collective Investment Fund For Which Corporation Holds Variable Interest </link:label>
<link:label id="lab_bac_AssetsForCertainCommonAndCollectiveInvestmentFundStableValueCollectiveInvestmentFundForWhichCorporationHoldsVariableInterest_9DEE3BB664157312C60C91F322487F22_label_en-US" xlink:label="lab_bac_AssetsForCertainCommonAndCollectiveInvestmentFundStableValueCollectiveInvestmentFundForWhichCorporationHoldsVariableInterest_9DEE3BB664157312C60C91F322487F22" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Assets For Certain Common And Collective Investment Fund Stable Value Collective Investment Fund For Which Corporation Holds Variable Interest </link:label>
<link:label id="lab_bac_AssetsForCertainCommonAndCollectiveInvestmentFundStableValueCollectiveInvestmentFundForWhichCorporationHoldsVariableInterest_9DEE3BB664157312C60C91F322487F22_documentation_en-US" xlink:label="lab_bac_AssetsForCertainCommonAndCollectiveInvestmentFundStableValueCollectiveInvestmentFundForWhichCorporationHoldsVariableInterest_9DEE3BB664157312C60C91F322487F22" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the total assets for a certain common and collective investment fund (stable value collective investment fund) for which the Corporation holds a variable interest that was modified to facilitate a planned liquidation of the fund. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_AssetsForCertainCommonAndCollectiveInvestmentFundStableValueCollectiveInvestmentFundForWhichCorporationHoldsVariableInterest" xlink:label="loc_bac_AssetsForCertainCommonAndCollectiveInvestmentFundStableValueCollectiveInvestmentFundForWhichCorporationHoldsVariableInterest_9DEE3BB664157312C60C91F322487F22" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_AssetsForCertainCommonAndCollectiveInvestmentFundStableValueCollectiveInvestmentFundForWhichCorporationHoldsVariableInterest_9DEE3BB664157312C60C91F322487F22" xlink:to="lab_bac_AssetsForCertainCommonAndCollectiveInvestmentFundStableValueCollectiveInvestmentFundForWhichCorporationHoldsVariableInterest_9DEE3BB664157312C60C91F322487F22" xlink:type="arc"/>
<link:label id="lab_bac_FinancingProvidedForAssetBackedFinancingArrangementsPercentage_3ABE6032D7E32CB7CE3591F511FF046B_terseLabel_en-US" xlink:label="lab_bac_FinancingProvidedForAssetBackedFinancingArrangementsPercentage_3ABE6032D7E32CB7CE3591F511FF046B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Financing provided for asset-backed financing arrangements, percentage </link:label>
<link:label id="lab_bac_FinancingProvidedForAssetBackedFinancingArrangementsPercentage_3ABE6032D7E32CB7CE3591F511FF046B_label_en-US" xlink:label="lab_bac_FinancingProvidedForAssetBackedFinancingArrangementsPercentage_3ABE6032D7E32CB7CE3591F511FF046B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing provided for asset-backed financing arrangements, percentage </link:label>
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<link:label id="lab_us-gaap_IncomeTaxDisclosureTextBlock_D425FBC4A2EB3AB1E93BB69139ACB48F_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxDisclosureTextBlock_D425FBC4A2EB3AB1E93BB69139ACB48F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Income Tax Disclosure [Text Block] </link:label>
<link:label id="lab_us-gaap_IncomeTaxDisclosureTextBlock_D425FBC4A2EB3AB1E93BB69139ACB48F_label_en-US" xlink:label="lab_us-gaap_IncomeTaxDisclosureTextBlock_D425FBC4A2EB3AB1E93BB69139ACB48F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Income Tax Disclosure [Text Block] </link:label>
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<link:label id="lab_us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock_23ED5B30F3465853ED5338FA97F6904D_label_en-US" xlink:label="lab_us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock_23ED5B30F3465853ED5338FA97F6904D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Goodwill and Intangible Assets Disclosure [Text Block] </link:label>
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<link:label id="lab_bac_ExchangeAgreementsMember_679FBB3D164863F1D8729A84179C16AA_terseLabel_en-US" xlink:label="lab_bac_ExchangeAgreementsMember_679FBB3D164863F1D8729A84179C16AA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Exchange Agreements [Member] </link:label>
<link:label id="lab_bac_ExchangeAgreementsMember_679FBB3D164863F1D8729A84179C16AA_label_en-US" xlink:label="lab_bac_ExchangeAgreementsMember_679FBB3D164863F1D8729A84179C16AA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Exchange Agreements [Member] </link:label>
<link:label id="lab_bac_ExchangeAgreementsMember_679FBB3D164863F1D8729A84179C16AA_documentation_en-US" xlink:label="lab_bac_ExchangeAgreementsMember_679FBB3D164863F1D8729A84179C16AA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Exchange Agreements [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ExchangeAgreementsMember" xlink:label="loc_bac_ExchangeAgreementsMember_679FBB3D164863F1D8729A84179C16AA" xlink:type="locator"/>
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<link:label id="lab_bac_ExchangeAgreementNonConvertiblePreferredStockForCommonStockMember_281F15227DAEE90C30C69A7B3E86B6EA_terseLabel_en-US" xlink:label="lab_bac_ExchangeAgreementNonConvertiblePreferredStockForCommonStockMember_281F15227DAEE90C30C69A7B3E86B6EA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Exchange Agreement Non-Convertible Preferred Stock for Common Stock [Member] </link:label>
<link:label id="lab_bac_ExchangeAgreementNonConvertiblePreferredStockForCommonStockMember_281F15227DAEE90C30C69A7B3E86B6EA_label_en-US" xlink:label="lab_bac_ExchangeAgreementNonConvertiblePreferredStockForCommonStockMember_281F15227DAEE90C30C69A7B3E86B6EA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Exchange Agreement Non-Convertible Preferred Stock for Common Stock [Member] </link:label>
<link:label id="lab_bac_ExchangeAgreementNonConvertiblePreferredStockForCommonStockMember_281F15227DAEE90C30C69A7B3E86B6EA_documentation_en-US" xlink:label="lab_bac_ExchangeAgreementNonConvertiblePreferredStockForCommonStockMember_281F15227DAEE90C30C69A7B3E86B6EA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Exchange Agreement Non-Convertible Preferred Stock for Common Stock [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ExchangeAgreementNonConvertiblePreferredStockForCommonStockMember" xlink:label="loc_bac_ExchangeAgreementNonConvertiblePreferredStockForCommonStockMember_281F15227DAEE90C30C69A7B3E86B6EA" xlink:type="locator"/>
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<link:label id="lab_bac_ExchangeAgreementSeriesLPerpetualConvertiblePreferredStockMember_56A6293B37615D5CEF659A81F7F35593_terseLabel_en-US" xlink:label="lab_bac_ExchangeAgreementSeriesLPerpetualConvertiblePreferredStockMember_56A6293B37615D5CEF659A81F7F35593" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Exchange Agreement Series L Perpetual Convertible Preferred Stock [Member] </link:label>
<link:label id="lab_bac_ExchangeAgreementSeriesLPerpetualConvertiblePreferredStockMember_56A6293B37615D5CEF659A81F7F35593_label_en-US" xlink:label="lab_bac_ExchangeAgreementSeriesLPerpetualConvertiblePreferredStockMember_56A6293B37615D5CEF659A81F7F35593" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Exchange Agreement Series L Perpetual Convertible Preferred Stock [Member] </link:label>
<link:label id="lab_bac_ExchangeAgreementSeriesLPerpetualConvertiblePreferredStockMember_56A6293B37615D5CEF659A81F7F35593_documentation_en-US" xlink:label="lab_bac_ExchangeAgreementSeriesLPerpetualConvertiblePreferredStockMember_56A6293B37615D5CEF659A81F7F35593" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Exchange Agreement Series L Perpetual Convertible Preferred Stock [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ExchangeAgreementSeriesLPerpetualConvertiblePreferredStockMember" xlink:label="loc_bac_ExchangeAgreementSeriesLPerpetualConvertiblePreferredStockMember_56A6293B37615D5CEF659A81F7F35593" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DividendDeclaredMember_DCA715683E7FA96E78D65D752317BA29_terseLabel_en-US" xlink:label="lab_us-gaap_DividendDeclaredMember_DCA715683E7FA96E78D65D752317BA29" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Dividend Declared [Member] </link:label>
<link:label id="lab_us-gaap_DividendDeclaredMember_DCA715683E7FA96E78D65D752317BA29_label_en-US" xlink:label="lab_us-gaap_DividendDeclaredMember_DCA715683E7FA96E78D65D752317BA29" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Dividend Declared [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DividendDeclaredMember" xlink:label="loc_us-gaap_DividendDeclaredMember_DCA715683E7FA96E78D65D752317BA29" xlink:type="locator"/>
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<link:label id="lab_bac_SeniorNotesDueAugust12016Member_DA8BDA14A23AC73159F1F364C3825E46_label_en-US" xlink:label="lab_bac_SeniorNotesDueAugust12016Member_DA8BDA14A23AC73159F1F364C3825E46" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Senior Notes Due August 1, 2016 [Member] </link:label>
<link:label id="lab_bac_SeniorNotesDueAugust12016Member_DA8BDA14A23AC73159F1F364C3825E46_documentation_en-US" xlink:label="lab_bac_SeniorNotesDueAugust12016Member_DA8BDA14A23AC73159F1F364C3825E46" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Senior Notes Due August 1, 2016 [Member] </link:label>
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<link:label id="lab_bac_SeniorNotesDueOctober142016Member_6EABFC454CCE4A9CBAA6F36A114E2524_label_en-US" xlink:label="lab_bac_SeniorNotesDueOctober142016Member_6EABFC454CCE4A9CBAA6F36A114E2524" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Senior Notes Due October 14, 2016 [Member] </link:label>
<link:label id="lab_bac_SeniorNotesDueOctober142016Member_6EABFC454CCE4A9CBAA6F36A114E2524_documentation_en-US" xlink:label="lab_bac_SeniorNotesDueOctober142016Member_6EABFC454CCE4A9CBAA6F36A114E2524" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Senior Notes Due October 14, 2016 [Member] </link:label>
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<link:label id="lab_bac_SeniorNotesDueSeptember12017Member_7E18476B33062CD88774F36DC39849B3_label_en-US" xlink:label="lab_bac_SeniorNotesDueSeptember12017Member_7E18476B33062CD88774F36DC39849B3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Senior Notes Due September 1, 2017 [Member] </link:label>
<link:label id="lab_bac_SeniorNotesDueSeptember12017Member_7E18476B33062CD88774F36DC39849B3_documentation_en-US" xlink:label="lab_bac_SeniorNotesDueSeptember12017Member_7E18476B33062CD88774F36DC39849B3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Senior Notes Due September 1, 2017 [Member] </link:label>
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<link:label id="lab_bac_SeniorNotesDueJune12019Member_ED5257E3E7644920B3F6F370E3455C7A_label_en-US" xlink:label="lab_bac_SeniorNotesDueJune12019Member_ED5257E3E7644920B3F6F370E3455C7A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Senior Notes Due June 1, 2019 [Member] </link:label>
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<link:label id="lab_bac_SeniorNotesDueMay152014Member_35F0F453172E39E22481F3474BCAB696_label_en-US" xlink:label="lab_bac_SeniorNotesDueMay152014Member_35F0F453172E39E22481F3474BCAB696" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Senior Notes Due May 15, 2014 [Member] </link:label>
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<link:label id="lab_us-gaap_ClassOfWarrantOrRightAxis_D3614831B855AC19B758F2EDBD7B52C3_label_en-US" xlink:label="lab_us-gaap_ClassOfWarrantOrRightAxis_D3614831B855AC19B758F2EDBD7B52C3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Class of Warrant or Right [Axis] </link:label>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ClassOfWarrantOrRightDomain" xlink:label="loc_us-gaap_ClassOfWarrantOrRightDomain_2F8F74316ED829D30462F39763F976B8" xlink:type="locator"/>
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<link:label id="lab_bac_BerkshireHathawayWarrantSixPercentPerpetualPreferredSeriesTStockMember_1A12E88F532ACFA35673F2EDBDADEC2D_label_en-US" xlink:label="lab_bac_BerkshireHathawayWarrantSixPercentPerpetualPreferredSeriesTStockMember_1A12E88F532ACFA35673F2EDBDADEC2D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Berkshire Hathaway Warrant Six Percent Perpetual Preferred Series T Stock [Member] </link:label>
<link:label id="lab_bac_BerkshireHathawayWarrantSixPercentPerpetualPreferredSeriesTStockMember_1A12E88F532ACFA35673F2EDBDADEC2D_documentation_en-US" xlink:label="lab_bac_BerkshireHathawayWarrantSixPercentPerpetualPreferredSeriesTStockMember_1A12E88F532ACFA35673F2EDBDADEC2D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Berkshire Hathaway Warrant 6% Perpetual Preferred Series T Stock [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_BerkshireHathawayWarrantSixPercentPerpetualPreferredSeriesTStockMember" xlink:label="loc_bac_BerkshireHathawayWarrantSixPercentPerpetualPreferredSeriesTStockMember_1A12E88F532ACFA35673F2EDBDADEC2D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_BerkshireHathawayWarrantSixPercentPerpetualPreferredSeriesTStockMember_1A12E88F532ACFA35673F2EDBDADEC2D" xlink:to="lab_bac_BerkshireHathawayWarrantSixPercentPerpetualPreferredSeriesTStockMember_1A12E88F532ACFA35673F2EDBDADEC2D" xlink:type="arc"/>
<link:label id="lab_bac_TrustPreferredSecuritiesMember_EA1028F1EED890C93D5DF4149AB953F0_label_en-US" xlink:label="lab_bac_TrustPreferredSecuritiesMember_EA1028F1EED890C93D5DF4149AB953F0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Trust Preferred Securities [Member] </link:label>
<link:label id="lab_bac_TrustPreferredSecuritiesMember_EA1028F1EED890C93D5DF4149AB953F0_documentation_en-US" xlink:label="lab_bac_TrustPreferredSecuritiesMember_EA1028F1EED890C93D5DF4149AB953F0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Trust Preferred Securities [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_TrustPreferredSecuritiesMember" xlink:label="loc_bac_TrustPreferredSecuritiesMember_EA1028F1EED890C93D5DF4149AB953F0" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_TrustPreferredSecuritiesMember_EA1028F1EED890C93D5DF4149AB953F0" xlink:to="lab_bac_TrustPreferredSecuritiesMember_EA1028F1EED890C93D5DF4149AB953F0" xlink:type="arc"/>
<link:label id="lab_bac_PreferredStockAndTrustPreferredSecuritiesMember_4FA2E5B080AB16968E26F430BC17B28A_label_en-US" xlink:label="lab_bac_PreferredStockAndTrustPreferredSecuritiesMember_4FA2E5B080AB16968E26F430BC17B28A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Preferred Stock and Trust Preferred Securities [Member] </link:label>
<link:label id="lab_bac_PreferredStockAndTrustPreferredSecuritiesMember_4FA2E5B080AB16968E26F430BC17B28A_documentation_en-US" xlink:label="lab_bac_PreferredStockAndTrustPreferredSecuritiesMember_4FA2E5B080AB16968E26F430BC17B28A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Preferred Stock and Trust Preferred Securities [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PreferredStockAndTrustPreferredSecuritiesMember" xlink:label="loc_bac_PreferredStockAndTrustPreferredSecuritiesMember_4FA2E5B080AB16968E26F430BC17B28A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_PreferredStockAndTrustPreferredSecuritiesMember_4FA2E5B080AB16968E26F430BC17B28A" xlink:to="lab_bac_PreferredStockAndTrustPreferredSecuritiesMember_4FA2E5B080AB16968E26F430BC17B28A" xlink:type="arc"/>
<link:label id="lab_bac_PerpetualPreferredStockMember_B05CAEE959302751216EF3BD5400D1D5_label_en-US" xlink:label="lab_bac_PerpetualPreferredStockMember_B05CAEE959302751216EF3BD5400D1D5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Perpetual Preferred Stock [Member] </link:label>
<link:label id="lab_bac_PerpetualPreferredStockMember_B05CAEE959302751216EF3BD5400D1D5_documentation_en-US" xlink:label="lab_bac_PerpetualPreferredStockMember_B05CAEE959302751216EF3BD5400D1D5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Perpetual Preferred Stock [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PerpetualPreferredStockMember" xlink:label="loc_bac_PerpetualPreferredStockMember_B05CAEE959302751216EF3BD5400D1D5" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_PerpetualPreferredStockMember_B05CAEE959302751216EF3BD5400D1D5" xlink:to="lab_bac_PerpetualPreferredStockMember_B05CAEE959302751216EF3BD5400D1D5" xlink:type="arc"/>
<link:label id="lab_us-gaap_CommonStockDividendsPerShareDeclared_F3B524F50092290C0F12F2E79F92C2C0_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockDividendsPerShareDeclared_F3B524F50092290C0F12F2E79F92C2C0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Common Stock, Dividends, Per Share, Declared </link:label>
<link:label id="lab_us-gaap_CommonStockDividendsPerShareDeclared_F3B524F50092290C0F12F2E79F92C2C0_label_en-US" xlink:label="lab_us-gaap_CommonStockDividendsPerShareDeclared_F3B524F50092290C0F12F2E79F92C2C0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Common Stock, Dividends, Per Share, Declared </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CommonStockDividendsPerShareDeclared" xlink:label="loc_us-gaap_CommonStockDividendsPerShareDeclared_F3B524F50092290C0F12F2E79F92C2C0" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockDividendsPerShareDeclared_F3B524F50092290C0F12F2E79F92C2C0" xlink:to="lab_us-gaap_CommonStockDividendsPerShareDeclared_F3B524F50092290C0F12F2E79F92C2C0" xlink:type="arc"/>
<link:label id="lab_bac_WarrantExercisedNumberOfShares_DDA219D54536E05D3261F37C9F2BAC45_terseLabel_en-US" xlink:label="lab_bac_WarrantExercisedNumberOfShares_DDA219D54536E05D3261F37C9F2BAC45" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Warrant Exercised, Number of Shares </link:label>
<link:label id="lab_bac_WarrantExercisedNumberOfShares_DDA219D54536E05D3261F37C9F2BAC45_label_en-US" xlink:label="lab_bac_WarrantExercisedNumberOfShares_DDA219D54536E05D3261F37C9F2BAC45" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Warrant Exercised, Number of Shares </link:label>
<link:label id="lab_bac_WarrantExercisedNumberOfShares_DDA219D54536E05D3261F37C9F2BAC45_documentation_en-US" xlink:label="lab_bac_WarrantExercisedNumberOfShares_DDA219D54536E05D3261F37C9F2BAC45" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Warrant Exercised, Number of Shares </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_WarrantExercisedNumberOfShares" xlink:label="loc_bac_WarrantExercisedNumberOfShares_DDA219D54536E05D3261F37C9F2BAC45" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_WarrantExercisedNumberOfShares_DDA219D54536E05D3261F37C9F2BAC45" xlink:to="lab_bac_WarrantExercisedNumberOfShares_DDA219D54536E05D3261F37C9F2BAC45" xlink:type="arc"/>
<link:label id="lab_us-gaap_ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_C9F1FAF73143C56A13F3F2EDBD437F01_terseLabel_en-US" xlink:label="lab_us-gaap_ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_C9F1FAF73143C56A13F3F2EDBD437F01" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Class of Warrant or Right, Number of Securities Called by Warrants or Rights </link:label>
<link:label id="lab_us-gaap_ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_C9F1FAF73143C56A13F3F2EDBD437F01_label_en-US" xlink:label="lab_us-gaap_ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_C9F1FAF73143C56A13F3F2EDBD437F01" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Class of Warrant or Right, Number of Securities Called by Warrants or Rights </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights" xlink:label="loc_us-gaap_ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_C9F1FAF73143C56A13F3F2EDBD437F01" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_C9F1FAF73143C56A13F3F2EDBD437F01" xlink:to="lab_us-gaap_ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_C9F1FAF73143C56A13F3F2EDBD437F01" xlink:type="arc"/>
<link:label id="lab_us-gaap_ProceedsFromWarrantExercises_CF9013034FE0FE0ADC59F37EFD1F0494_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromWarrantExercises_CF9013034FE0FE0ADC59F37EFD1F0494" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Proceeds from Warrant Exercises </link:label>
<link:label id="lab_us-gaap_ProceedsFromWarrantExercises_CF9013034FE0FE0ADC59F37EFD1F0494_label_en-US" xlink:label="lab_us-gaap_ProceedsFromWarrantExercises_CF9013034FE0FE0ADC59F37EFD1F0494" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Proceeds from Warrant Exercises </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ProceedsFromWarrantExercises" xlink:label="loc_us-gaap_ProceedsFromWarrantExercises_CF9013034FE0FE0ADC59F37EFD1F0494" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromWarrantExercises_CF9013034FE0FE0ADC59F37EFD1F0494" xlink:to="lab_us-gaap_ProceedsFromWarrantExercises_CF9013034FE0FE0ADC59F37EFD1F0494" xlink:type="arc"/>
<link:label id="lab_bac_StockIssuedDuringPeriodValuePreferredNewIssues_BA7484181397A3499380F37FF15CCA45_terseLabel_en-US" xlink:label="lab_bac_StockIssuedDuringPeriodValuePreferredNewIssues_BA7484181397A3499380F37FF15CCA45" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Stock Issued During Period Value Preferred New Issues </link:label>
<link:label id="lab_bac_StockIssuedDuringPeriodValuePreferredNewIssues_BA7484181397A3499380F37FF15CCA45_label_en-US" xlink:label="lab_bac_StockIssuedDuringPeriodValuePreferredNewIssues_BA7484181397A3499380F37FF15CCA45" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stock Issued During Period Value Preferred New Issues </link:label>
<link:label id="lab_bac_StockIssuedDuringPeriodValuePreferredNewIssues_BA7484181397A3499380F37FF15CCA45_documentation_en-US" xlink:label="lab_bac_StockIssuedDuringPeriodValuePreferredNewIssues_BA7484181397A3499380F37FF15CCA45" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Value of preferred stock issued during the period. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_StockIssuedDuringPeriodValuePreferredNewIssues" xlink:label="loc_bac_StockIssuedDuringPeriodValuePreferredNewIssues_BA7484181397A3499380F37FF15CCA45" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_StockIssuedDuringPeriodValuePreferredNewIssues_BA7484181397A3499380F37FF15CCA45" xlink:to="lab_bac_StockIssuedDuringPeriodValuePreferredNewIssues_BA7484181397A3499380F37FF15CCA45" xlink:type="arc"/>
<link:label id="lab_invest_InvestmentWarrantsExercisePrice_74DC7303460F882D309DF2EE7D483FFF_terseLabel_en-US" xlink:label="lab_invest_InvestmentWarrantsExercisePrice_74DC7303460F882D309DF2EE7D483FFF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Investment Warrants, Exercise Price </link:label>
<link:label id="lab_invest_InvestmentWarrantsExercisePrice_74DC7303460F882D309DF2EE7D483FFF_label_en-US" xlink:label="lab_invest_InvestmentWarrantsExercisePrice_74DC7303460F882D309DF2EE7D483FFF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Investment Warrants, Exercise Price </link:label>
<link:loc xlink:href="http://xbrl.sec.gov/invest/2011/invest-2011-01-31.xsd#invest_InvestmentWarrantsExercisePrice" xlink:label="loc_invest_InvestmentWarrantsExercisePrice_74DC7303460F882D309DF2EE7D483FFF" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_invest_InvestmentWarrantsExercisePrice_74DC7303460F882D309DF2EE7D483FFF" xlink:to="lab_invest_InvestmentWarrantsExercisePrice_74DC7303460F882D309DF2EE7D483FFF" xlink:type="arc"/>
<link:label id="lab_us-gaap_CommonStockSharesAuthorized_08B368BB8775E833789BF30577DE680F_verboseLabel_en-US" xlink:label="lab_us-gaap_CommonStockSharesAuthorized_08B368BB8775E833789BF30577DE680F" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Common Stock, Shares Authorized </link:label>
<link:label id="lab_us-gaap_CommonStockSharesAuthorized_08B368BB8775E833789BF30577DE680F_label_en-US" xlink:label="lab_us-gaap_CommonStockSharesAuthorized_08B368BB8775E833789BF30577DE680F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Common Stock, Shares Authorized </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CommonStockSharesAuthorized" xlink:label="loc_us-gaap_CommonStockSharesAuthorized_08B368BB8775E833789BF30577DE680F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockSharesAuthorized_08B368BB8775E833789BF30577DE680F" xlink:to="lab_us-gaap_CommonStockSharesAuthorized_08B368BB8775E833789BF30577DE680F" xlink:type="arc"/>
<link:label id="lab_bac_WarrantsIssuedToPurchaseSharesOfCommonStock_1E9800A15AEE6B6D631CF314037116D8_terseLabel_en-US" xlink:label="lab_bac_WarrantsIssuedToPurchaseSharesOfCommonStock_1E9800A15AEE6B6D631CF314037116D8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Warrants Issued To Purchase Shares Of Common Stock </link:label>
<link:label id="lab_bac_WarrantsIssuedToPurchaseSharesOfCommonStock_1E9800A15AEE6B6D631CF314037116D8_label_en-US" xlink:label="lab_bac_WarrantsIssuedToPurchaseSharesOfCommonStock_1E9800A15AEE6B6D631CF314037116D8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Warrants Issued To Purchase Shares Of Common Stock </link:label>
<link:label id="lab_bac_WarrantsIssuedToPurchaseSharesOfCommonStock_1E9800A15AEE6B6D631CF314037116D8_documentation_en-US" xlink:label="lab_bac_WarrantsIssuedToPurchaseSharesOfCommonStock_1E9800A15AEE6B6D631CF314037116D8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents warrants issued to purchase shares of common stock. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_WarrantsIssuedToPurchaseSharesOfCommonStock" xlink:label="loc_bac_WarrantsIssuedToPurchaseSharesOfCommonStock_1E9800A15AEE6B6D631CF314037116D8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_WarrantsIssuedToPurchaseSharesOfCommonStock_1E9800A15AEE6B6D631CF314037116D8" xlink:to="lab_bac_WarrantsIssuedToPurchaseSharesOfCommonStock_1E9800A15AEE6B6D631CF314037116D8" xlink:type="arc"/>
<link:label id="lab_bac_ExercisePriceOfCommonStock_F5793494865067BC37AEF31A16E9D9DF_terseLabel_en-US" xlink:label="lab_bac_ExercisePriceOfCommonStock_F5793494865067BC37AEF31A16E9D9DF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Exercise Price Of Common Stock </link:label>
<link:label id="lab_bac_ExercisePriceOfCommonStock_F5793494865067BC37AEF31A16E9D9DF_label_en-US" xlink:label="lab_bac_ExercisePriceOfCommonStock_F5793494865067BC37AEF31A16E9D9DF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Exercise Price Of Common Stock </link:label>
<link:label id="lab_bac_ExercisePriceOfCommonStock_F5793494865067BC37AEF31A16E9D9DF_documentation_en-US" xlink:label="lab_bac_ExercisePriceOfCommonStock_F5793494865067BC37AEF31A16E9D9DF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the exercise price of common stock. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ExercisePriceOfCommonStock" xlink:label="loc_bac_ExercisePriceOfCommonStock_F5793494865067BC37AEF31A16E9D9DF" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ExercisePriceOfCommonStock_F5793494865067BC37AEF31A16E9D9DF" xlink:to="lab_bac_ExercisePriceOfCommonStock_F5793494865067BC37AEF31A16E9D9DF" xlink:type="arc"/>
<link:label id="lab_bac_AveragePriceOfCommonStock_8876F9613D955ACAFBA2F3202F5DA3D5_terseLabel_en-US" xlink:label="lab_bac_AveragePriceOfCommonStock_8876F9613D955ACAFBA2F3202F5DA3D5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Average Price Of Common Stock </link:label>
<link:label id="lab_bac_AveragePriceOfCommonStock_8876F9613D955ACAFBA2F3202F5DA3D5_label_en-US" xlink:label="lab_bac_AveragePriceOfCommonStock_8876F9613D955ACAFBA2F3202F5DA3D5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Average Price Of Common Stock </link:label>
<link:label id="lab_bac_AveragePriceOfCommonStock_8876F9613D955ACAFBA2F3202F5DA3D5_documentation_en-US" xlink:label="lab_bac_AveragePriceOfCommonStock_8876F9613D955ACAFBA2F3202F5DA3D5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the average price of common stock. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_AveragePriceOfCommonStock" xlink:label="loc_bac_AveragePriceOfCommonStock_8876F9613D955ACAFBA2F3202F5DA3D5" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_AveragePriceOfCommonStock_8876F9613D955ACAFBA2F3202F5DA3D5" xlink:to="lab_bac_AveragePriceOfCommonStock_8876F9613D955ACAFBA2F3202F5DA3D5" xlink:type="arc"/>
<link:label id="lab_bac_GrossProceedsFromAtMarketIssuanceProgram_FCBAE329F6F5F355B962F3220487CD90_terseLabel_en-US" xlink:label="lab_bac_GrossProceedsFromAtMarketIssuanceProgram_FCBAE329F6F5F355B962F3220487CD90" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Gross Proceeds From At Market Issuance Program </link:label>
<link:label id="lab_bac_GrossProceedsFromAtMarketIssuanceProgram_FCBAE329F6F5F355B962F3220487CD90_label_en-US" xlink:label="lab_bac_GrossProceedsFromAtMarketIssuanceProgram_FCBAE329F6F5F355B962F3220487CD90" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Gross Proceeds From At Market Issuance Program </link:label>
<link:label id="lab_bac_GrossProceedsFromAtMarketIssuanceProgram_FCBAE329F6F5F355B962F3220487CD90_documentation_en-US" xlink:label="lab_bac_GrossProceedsFromAtMarketIssuanceProgram_FCBAE329F6F5F355B962F3220487CD90" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the gross proceeds from at market issuance program. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_GrossProceedsFromAtMarketIssuanceProgram" xlink:label="loc_bac_GrossProceedsFromAtMarketIssuanceProgram_FCBAE329F6F5F355B962F3220487CD90" xlink:type="locator"/>
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<link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation_AA7CA9852F835E2F5037F325475F204B_terseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation_AA7CA9852F835E2F5037F325475F204B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Stock Issued During Period, Shares, Share-based Compensation, Net of Forfeitures </link:label>
<link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation_AA7CA9852F835E2F5037F325475F204B_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation_AA7CA9852F835E2F5037F325475F204B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stock Issued During Period, Shares, Share-based Compensation, Net of Forfeitures </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation_AA7CA9852F835E2F5037F325475F204B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation_AA7CA9852F835E2F5037F325475F204B" xlink:to="lab_us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation_AA7CA9852F835E2F5037F325475F204B" xlink:type="arc"/>
<link:label id="lab_us-gaap_SharesPaidForTaxWithholdingForShareBasedCompensation_CAF71420013C3BB76D3BF3260522A497_terseLabel_en-US" xlink:label="lab_us-gaap_SharesPaidForTaxWithholdingForShareBasedCompensation_CAF71420013C3BB76D3BF3260522A497" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Shares Paid for Tax Withholding for Share Based Compensation </link:label>
<link:label id="lab_us-gaap_SharesPaidForTaxWithholdingForShareBasedCompensation_CAF71420013C3BB76D3BF3260522A497_label_en-US" xlink:label="lab_us-gaap_SharesPaidForTaxWithholdingForShareBasedCompensation_CAF71420013C3BB76D3BF3260522A497" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Shares Paid for Tax Withholding for Share Based Compensation </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_SharesPaidForTaxWithholdingForShareBasedCompensation" xlink:label="loc_us-gaap_SharesPaidForTaxWithholdingForShareBasedCompensation_CAF71420013C3BB76D3BF3260522A497" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SharesPaidForTaxWithholdingForShareBasedCompensation_CAF71420013C3BB76D3BF3260522A497" xlink:to="lab_us-gaap_SharesPaidForTaxWithholdingForShareBasedCompensation_CAF71420013C3BB76D3BF3260522A497" xlink:type="arc"/>
<link:label id="lab_us-gaap_DividendsPreferredStock_EBE47803C4D74E0B688E9B239881B3B8_terseLabel_en-US" xlink:label="lab_us-gaap_DividendsPreferredStock_EBE47803C4D74E0B688E9B239881B3B8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Preferred stock dividends and accretion </link:label>
<link:label id="lab_us-gaap_DividendsPreferredStock_EBE47803C4D74E0B688E9B239881B3B8_label_en-US" xlink:label="lab_us-gaap_DividendsPreferredStock_EBE47803C4D74E0B688E9B239881B3B8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Dividends, Preferred Stock </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DividendsPreferredStock" xlink:label="loc_us-gaap_DividendsPreferredStock_EBE47803C4D74E0B688E9B239881B3B8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DividendsPreferredStock_EBE47803C4D74E0B688E9B239881B3B8" xlink:to="lab_us-gaap_DividendsPreferredStock_EBE47803C4D74E0B688E9B239881B3B8" xlink:type="arc"/>
<link:label id="lab_us-gaap_DividendsPreferredStockCash_E56AD3595B63380C76CEF9631DEE76DA_terseLabel_en-US" xlink:label="lab_us-gaap_DividendsPreferredStockCash_E56AD3595B63380C76CEF9631DEE76DA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Preferred </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DividendsPreferredStockCash" xlink:label="loc_us-gaap_DividendsPreferredStockCash_E56AD3595B63380C76CEF9631DEE76DA" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DividendsPreferredStockCash_E56AD3595B63380C76CEF9631DEE76DA" xlink:to="lab_us-gaap_DividendsPreferredStockCash_E56AD3595B63380C76CEF9631DEE76DA" xlink:type="arc"/>
<link:label id="lab_bac_IncreaseToTier1CommonCapital_ECD73FEAB534742231129A6A20B0B7CA_terseLabel_en-US" xlink:label="lab_bac_IncreaseToTier1CommonCapital_ECD73FEAB534742231129A6A20B0B7CA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Increase to Tier 1 Common Capital </link:label>
<link:label id="lab_bac_IncreaseToTier1CommonCapital_ECD73FEAB534742231129A6A20B0B7CA_label_en-US" xlink:label="lab_bac_IncreaseToTier1CommonCapital_ECD73FEAB534742231129A6A20B0B7CA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Increase to Tier 1 Common Capital </link:label>
<link:label id="lab_bac_IncreaseToTier1CommonCapital_ECD73FEAB534742231129A6A20B0B7CA_documentation_en-US" xlink:label="lab_bac_IncreaseToTier1CommonCapital_ECD73FEAB534742231129A6A20B0B7CA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Increase to Tier 1 Common Capital </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_IncreaseToTier1CommonCapital" xlink:label="loc_bac_IncreaseToTier1CommonCapital_ECD73FEAB534742231129A6A20B0B7CA" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_IncreaseToTier1CommonCapital_ECD73FEAB534742231129A6A20B0B7CA" xlink:to="lab_bac_IncreaseToTier1CommonCapital_ECD73FEAB534742231129A6A20B0B7CA" xlink:type="arc"/>
<link:label id="lab_bac_StockIssuedDuringPeriodCommonStockInExchangeForPreferredStock_2C63194997CB9F412C819A762012D6AB_terseLabel_en-US" xlink:label="lab_bac_StockIssuedDuringPeriodCommonStockInExchangeForPreferredStock_2C63194997CB9F412C819A762012D6AB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Stock Issued During Period, Common Stock in Exchange for Preferred Stock </link:label>
<link:label id="lab_bac_StockIssuedDuringPeriodCommonStockInExchangeForPreferredStock_2C63194997CB9F412C819A762012D6AB_label_en-US" xlink:label="lab_bac_StockIssuedDuringPeriodCommonStockInExchangeForPreferredStock_2C63194997CB9F412C819A762012D6AB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stock Issued During Period, Common Stock in Exchange for Preferred Stock </link:label>
<link:label id="lab_bac_StockIssuedDuringPeriodCommonStockInExchangeForPreferredStock_2C63194997CB9F412C819A762012D6AB_documentation_en-US" xlink:label="lab_bac_StockIssuedDuringPeriodCommonStockInExchangeForPreferredStock_2C63194997CB9F412C819A762012D6AB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Stock Issued During Period, Common Stock in Exchange for Preferred Stock </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_StockIssuedDuringPeriodCommonStockInExchangeForPreferredStock" xlink:label="loc_bac_StockIssuedDuringPeriodCommonStockInExchangeForPreferredStock_2C63194997CB9F412C819A762012D6AB" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_StockIssuedDuringPeriodCommonStockInExchangeForPreferredStock_2C63194997CB9F412C819A762012D6AB" xlink:to="lab_bac_StockIssuedDuringPeriodCommonStockInExchangeForPreferredStock_2C63194997CB9F412C819A762012D6AB" xlink:type="arc"/>
<link:label id="lab_bac_StockIssuedDuringPeriodCommonStockInExchangeForPreferredStockValue_37E7CD8F8707E590AE5B9A77E1A79217_terseLabel_en-US" xlink:label="lab_bac_StockIssuedDuringPeriodCommonStockInExchangeForPreferredStockValue_37E7CD8F8707E590AE5B9A77E1A79217" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Stock Issued During Period, Common Stock in Exchange for Preferred Stock, Value </link:label>
<link:label id="lab_bac_StockIssuedDuringPeriodCommonStockInExchangeForPreferredStockValue_37E7CD8F8707E590AE5B9A77E1A79217_label_en-US" xlink:label="lab_bac_StockIssuedDuringPeriodCommonStockInExchangeForPreferredStockValue_37E7CD8F8707E590AE5B9A77E1A79217" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stock Issued During Period, Common Stock in Exchange for Preferred Stock, Value </link:label>
<link:label id="lab_bac_StockIssuedDuringPeriodCommonStockInExchangeForPreferredStockValue_37E7CD8F8707E590AE5B9A77E1A79217_documentation_en-US" xlink:label="lab_bac_StockIssuedDuringPeriodCommonStockInExchangeForPreferredStockValue_37E7CD8F8707E590AE5B9A77E1A79217" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Stock Issued During Period, Common Stock in Exchange for Preferred Stock, Value </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_StockIssuedDuringPeriodCommonStockInExchangeForPreferredStockValue" xlink:label="loc_bac_StockIssuedDuringPeriodCommonStockInExchangeForPreferredStockValue_37E7CD8F8707E590AE5B9A77E1A79217" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_StockIssuedDuringPeriodCommonStockInExchangeForPreferredStockValue_37E7CD8F8707E590AE5B9A77E1A79217" xlink:to="lab_bac_StockIssuedDuringPeriodCommonStockInExchangeForPreferredStockValue_37E7CD8F8707E590AE5B9A77E1A79217" xlink:type="arc"/>
<link:label id="lab_bac_NonCashReductionToPreferredStockDividends_5901753E07CF5BFFD4719A7B0452E509_terseLabel_en-US" xlink:label="lab_bac_NonCashReductionToPreferredStockDividends_5901753E07CF5BFFD4719A7B0452E509" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Non Cash Reduction to Preferred Stock Dividends </link:label>
<link:label id="lab_bac_NonCashReductionToPreferredStockDividends_5901753E07CF5BFFD4719A7B0452E509_label_en-US" xlink:label="lab_bac_NonCashReductionToPreferredStockDividends_5901753E07CF5BFFD4719A7B0452E509" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Non Cash Reduction to Preferred Stock Dividends </link:label>
<link:label id="lab_bac_NonCashReductionToPreferredStockDividends_5901753E07CF5BFFD4719A7B0452E509_documentation_en-US" xlink:label="lab_bac_NonCashReductionToPreferredStockDividends_5901753E07CF5BFFD4719A7B0452E509" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Non Cash Reduction to Preferred Stock Dividends </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_NonCashReductionToPreferredStockDividends" xlink:label="loc_bac_NonCashReductionToPreferredStockDividends_5901753E07CF5BFFD4719A7B0452E509" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_NonCashReductionToPreferredStockDividends_5901753E07CF5BFFD4719A7B0452E509" xlink:to="lab_bac_NonCashReductionToPreferredStockDividends_5901753E07CF5BFFD4719A7B0452E509" xlink:type="arc"/>
<link:label id="lab_bac_FairValueOfConsiderationTransferredInExchangeOfPreferredStockForCommonStock_2A5B39B39CD58E41379F9A87EEDBB0E7_terseLabel_en-US" xlink:label="lab_bac_FairValueOfConsiderationTransferredInExchangeOfPreferredStockForCommonStock_2A5B39B39CD58E41379F9A87EEDBB0E7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value of Consideration Transferred in Exchange of Preferred Stock for Common Stock </link:label>
<link:label id="lab_bac_FairValueOfConsiderationTransferredInExchangeOfPreferredStockForCommonStock_2A5B39B39CD58E41379F9A87EEDBB0E7_label_en-US" xlink:label="lab_bac_FairValueOfConsiderationTransferredInExchangeOfPreferredStockForCommonStock_2A5B39B39CD58E41379F9A87EEDBB0E7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value of Consideration Transferred in Exchange of Preferred Stock for Common Stock </link:label>
<link:label id="lab_bac_FairValueOfConsiderationTransferredInExchangeOfPreferredStockForCommonStock_2A5B39B39CD58E41379F9A87EEDBB0E7_documentation_en-US" xlink:label="lab_bac_FairValueOfConsiderationTransferredInExchangeOfPreferredStockForCommonStock_2A5B39B39CD58E41379F9A87EEDBB0E7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Fair Value of Consideration Transferred in Exchange of Preferred Stock for Common Stock </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_FairValueOfConsiderationTransferredInExchangeOfPreferredStockForCommonStock" xlink:label="loc_bac_FairValueOfConsiderationTransferredInExchangeOfPreferredStockForCommonStock_2A5B39B39CD58E41379F9A87EEDBB0E7" xlink:type="locator"/>
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<link:label id="lab_bac_FairValueOfSecuritiesIssuable_28D68FB8E805CECA185B9A88F7A252CE_terseLabel_en-US" xlink:label="lab_bac_FairValueOfSecuritiesIssuable_28D68FB8E805CECA185B9A88F7A252CE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value of Securities Issuable </link:label>
<link:label id="lab_bac_FairValueOfSecuritiesIssuable_28D68FB8E805CECA185B9A88F7A252CE_label_en-US" xlink:label="lab_bac_FairValueOfSecuritiesIssuable_28D68FB8E805CECA185B9A88F7A252CE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value of Securities Issuable </link:label>
<link:label id="lab_bac_FairValueOfSecuritiesIssuable_28D68FB8E805CECA185B9A88F7A252CE_documentation_en-US" xlink:label="lab_bac_FairValueOfSecuritiesIssuable_28D68FB8E805CECA185B9A88F7A252CE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Fair Value of Securities Issuable </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_FairValueOfSecuritiesIssuable" xlink:label="loc_bac_FairValueOfSecuritiesIssuable_28D68FB8E805CECA185B9A88F7A252CE" xlink:type="locator"/>
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<link:label id="lab_us-gaap_PreferredStockLiquidationPreference_3313B8B7897119865F72F37BFE47239A_verboseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockLiquidationPreference_3313B8B7897119865F72F37BFE47239A" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Liquidation Preference Per Share </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_PreferredStockLiquidationPreference" xlink:label="loc_us-gaap_PreferredStockLiquidationPreference_3313B8B7897119865F72F37BFE47239A" xlink:type="locator"/>
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<link:label id="lab_bac_PreferredStockDividendRatePercentageOptionToExerciseInCashOrNoncashWarrantTransaction_33C35CC804B17A18D303F2EF148C49F3_terseLabel_en-US" xlink:label="lab_bac_PreferredStockDividendRatePercentageOptionToExerciseInCashOrNoncashWarrantTransaction_33C35CC804B17A18D303F2EF148C49F3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Preferred Stock Dividend Rate Percentage Option To Exercise In Cash or Noncash Warrant Transaction </link:label>
<link:label id="lab_bac_PreferredStockDividendRatePercentageOptionToExerciseInCashOrNoncashWarrantTransaction_33C35CC804B17A18D303F2EF148C49F3_label_en-US" xlink:label="lab_bac_PreferredStockDividendRatePercentageOptionToExerciseInCashOrNoncashWarrantTransaction_33C35CC804B17A18D303F2EF148C49F3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Preferred Stock Dividend Rate Percentage Option To Exercise In Cash or Noncash Warrant Transaction </link:label>
<link:label id="lab_bac_PreferredStockDividendRatePercentageOptionToExerciseInCashOrNoncashWarrantTransaction_33C35CC804B17A18D303F2EF148C49F3_documentation_en-US" xlink:label="lab_bac_PreferredStockDividendRatePercentageOptionToExerciseInCashOrNoncashWarrantTransaction_33C35CC804B17A18D303F2EF148C49F3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> The dividend rate percentage of the preferred stock that the holder of the warrant has the option to exercise in a cash or non-cash warrant transaction. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PreferredStockDividendRatePercentageOptionToExerciseInCashOrNoncashWarrantTransaction" xlink:label="loc_bac_PreferredStockDividendRatePercentageOptionToExerciseInCashOrNoncashWarrantTransaction_33C35CC804B17A18D303F2EF148C49F3" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_PreferredStockDividendRatePercentageOptionToExerciseInCashOrNoncashWarrantTransaction_33C35CC804B17A18D303F2EF148C49F3" xlink:to="lab_bac_PreferredStockDividendRatePercentageOptionToExerciseInCashOrNoncashWarrantTransaction_33C35CC804B17A18D303F2EF148C49F3" xlink:type="arc"/>
<link:label id="lab_us-gaap_PreferredStockRedemptionPricePerShare_EA406C81D1A380720CE7F386317DF02A_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockRedemptionPricePerShare_EA406C81D1A380720CE7F386317DF02A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Preferred Stock, Redemption Price Per Share </link:label>
<link:label id="lab_us-gaap_PreferredStockRedemptionPricePerShare_EA406C81D1A380720CE7F386317DF02A_label_en-US" xlink:label="lab_us-gaap_PreferredStockRedemptionPricePerShare_EA406C81D1A380720CE7F386317DF02A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Preferred Stock, Redemption Price Per Share </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_PreferredStockRedemptionPricePerShare" xlink:label="loc_us-gaap_PreferredStockRedemptionPricePerShare_EA406C81D1A380720CE7F386317DF02A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockRedemptionPricePerShare_EA406C81D1A380720CE7F386317DF02A" xlink:to="lab_us-gaap_PreferredStockRedemptionPricePerShare_EA406C81D1A380720CE7F386317DF02A" xlink:type="arc"/>
<link:label id="lab_bac_PreferredStockDividendRatePercentageUnpaid_97E4C2AF496F9D3B0E32F3871BAF8348_terseLabel_en-US" xlink:label="lab_bac_PreferredStockDividendRatePercentageUnpaid_97E4C2AF496F9D3B0E32F3871BAF8348" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Preferred Stock, Dividend Rate, Percentage Unpaid </link:label>
<link:label id="lab_bac_PreferredStockDividendRatePercentageUnpaid_97E4C2AF496F9D3B0E32F3871BAF8348_label_en-US" xlink:label="lab_bac_PreferredStockDividendRatePercentageUnpaid_97E4C2AF496F9D3B0E32F3871BAF8348" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Preferred Stock, Dividend Rate, Percentage Unpaid </link:label>
<link:label id="lab_bac_PreferredStockDividendRatePercentageUnpaid_97E4C2AF496F9D3B0E32F3871BAF8348_documentation_en-US" xlink:label="lab_bac_PreferredStockDividendRatePercentageUnpaid_97E4C2AF496F9D3B0E32F3871BAF8348" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> The preferred stock, dividend rate, percentage when it is unpaid. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PreferredStockDividendRatePercentageUnpaid" xlink:label="loc_bac_PreferredStockDividendRatePercentageUnpaid_97E4C2AF496F9D3B0E32F3871BAF8348" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_PreferredStockDividendRatePercentageUnpaid_97E4C2AF496F9D3B0E32F3871BAF8348" xlink:to="lab_bac_PreferredStockDividendRatePercentageUnpaid_97E4C2AF496F9D3B0E32F3871BAF8348" xlink:type="arc"/>
<link:label id="lab_bac_AggregateNumberOfCommonStockIntoWhichMandatoryConvertiblePreferredStockAreConverted_8FDE642B98D2244D4415F38A257F2EB1_terseLabel_en-US" xlink:label="lab_bac_AggregateNumberOfCommonStockIntoWhichMandatoryConvertiblePreferredStockAreConverted_8FDE642B98D2244D4415F38A257F2EB1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Aggregate Number Of Common Stock Into Which Mandatory Convertible Preferred Stock Are Converted </link:label>
<link:label id="lab_bac_AggregateNumberOfCommonStockIntoWhichMandatoryConvertiblePreferredStockAreConverted_8FDE642B98D2244D4415F38A257F2EB1_label_en-US" xlink:label="lab_bac_AggregateNumberOfCommonStockIntoWhichMandatoryConvertiblePreferredStockAreConverted_8FDE642B98D2244D4415F38A257F2EB1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Aggregate Number Of Common Stock Into Which Mandatory Convertible Preferred Stock Are Converted </link:label>
<link:label id="lab_bac_AggregateNumberOfCommonStockIntoWhichMandatoryConvertiblePreferredStockAreConverted_8FDE642B98D2244D4415F38A257F2EB1_documentation_en-US" xlink:label="lab_bac_AggregateNumberOfCommonStockIntoWhichMandatoryConvertiblePreferredStockAreConverted_8FDE642B98D2244D4415F38A257F2EB1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Aggregate number of common stock into which mandatory convertible Preferred Stock are converted. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_AggregateNumberOfCommonStockIntoWhichMandatoryConvertiblePreferredStockAreConverted" xlink:label="loc_bac_AggregateNumberOfCommonStockIntoWhichMandatoryConvertiblePreferredStockAreConverted_8FDE642B98D2244D4415F38A257F2EB1" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_AggregateNumberOfCommonStockIntoWhichMandatoryConvertiblePreferredStockAreConverted_8FDE642B98D2244D4415F38A257F2EB1" xlink:to="lab_bac_AggregateNumberOfCommonStockIntoWhichMandatoryConvertiblePreferredStockAreConverted_8FDE642B98D2244D4415F38A257F2EB1" xlink:type="arc"/>
<link:label id="lab_bac_IssuedAdditionalPreferredStock_3300E10FDE39191F198EF38E3DAD4126_terseLabel_en-US" xlink:label="lab_bac_IssuedAdditionalPreferredStock_3300E10FDE39191F198EF38E3DAD4126" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Issued Additional Preferred Stock </link:label>
<link:label id="lab_bac_IssuedAdditionalPreferredStock_3300E10FDE39191F198EF38E3DAD4126_label_en-US" xlink:label="lab_bac_IssuedAdditionalPreferredStock_3300E10FDE39191F198EF38E3DAD4126" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Issued Additional Preferred Stock </link:label>
<link:label id="lab_bac_IssuedAdditionalPreferredStock_3300E10FDE39191F198EF38E3DAD4126_documentation_en-US" xlink:label="lab_bac_IssuedAdditionalPreferredStock_3300E10FDE39191F198EF38E3DAD4126" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the issued additional preferred stock. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_IssuedAdditionalPreferredStock" xlink:label="loc_bac_IssuedAdditionalPreferredStock_3300E10FDE39191F198EF38E3DAD4126" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_IssuedAdditionalPreferredStock_3300E10FDE39191F198EF38E3DAD4126" xlink:to="lab_bac_IssuedAdditionalPreferredStock_3300E10FDE39191F198EF38E3DAD4126" xlink:type="arc"/>
<link:label id="lab_bac_ExcessLiquidityUsedToRepurchaseTarpPreferredStock_F7C82E84F84E33C0AD64F39A5AC7E68A_terseLabel_en-US" xlink:label="lab_bac_ExcessLiquidityUsedToRepurchaseTarpPreferredStock_F7C82E84F84E33C0AD64F39A5AC7E68A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Excess Liquidity Used To Repurchase Tarp Preferred Stock </link:label>
<link:label id="lab_bac_ExcessLiquidityUsedToRepurchaseTarpPreferredStock_F7C82E84F84E33C0AD64F39A5AC7E68A_label_en-US" xlink:label="lab_bac_ExcessLiquidityUsedToRepurchaseTarpPreferredStock_F7C82E84F84E33C0AD64F39A5AC7E68A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Excess Liquidity Used To Repurchase Tarp Preferred Stock </link:label>
<link:label id="lab_bac_ExcessLiquidityUsedToRepurchaseTarpPreferredStock_F7C82E84F84E33C0AD64F39A5AC7E68A_documentation_en-US" xlink:label="lab_bac_ExcessLiquidityUsedToRepurchaseTarpPreferredStock_F7C82E84F84E33C0AD64F39A5AC7E68A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the amount of Troubled Asset Relief Program Preferred Stock that was repurchased through the use of excess liquidity. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ExcessLiquidityUsedToRepurchaseTarpPreferredStock" xlink:label="loc_bac_ExcessLiquidityUsedToRepurchaseTarpPreferredStock_F7C82E84F84E33C0AD64F39A5AC7E68A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ExcessLiquidityUsedToRepurchaseTarpPreferredStock_F7C82E84F84E33C0AD64F39A5AC7E68A" xlink:to="lab_bac_ExcessLiquidityUsedToRepurchaseTarpPreferredStock_F7C82E84F84E33C0AD64F39A5AC7E68A" xlink:type="arc"/>
<link:label id="lab_bac_ProceedsFromSaleOfCommonEquivalentSecuritiesRelatedToTarpRepayment_F811F4D428D225B54031F39C01F7EDED_terseLabel_en-US" xlink:label="lab_bac_ProceedsFromSaleOfCommonEquivalentSecuritiesRelatedToTarpRepayment_F811F4D428D225B54031F39C01F7EDED" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Proceeds From Sale Of Common Equivalent Securities Related To Tarp Repayment </link:label>
<link:label id="lab_bac_ProceedsFromSaleOfCommonEquivalentSecuritiesRelatedToTarpRepayment_F811F4D428D225B54031F39C01F7EDED_label_en-US" xlink:label="lab_bac_ProceedsFromSaleOfCommonEquivalentSecuritiesRelatedToTarpRepayment_F811F4D428D225B54031F39C01F7EDED" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Proceeds From Sale Of Common Equivalent Securities Related To Tarp Repayment </link:label>
<link:label id="lab_bac_ProceedsFromSaleOfCommonEquivalentSecuritiesRelatedToTarpRepayment_F811F4D428D225B54031F39C01F7EDED_documentation_en-US" xlink:label="lab_bac_ProceedsFromSaleOfCommonEquivalentSecuritiesRelatedToTarpRepayment_F811F4D428D225B54031F39C01F7EDED" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents the proceeds from the sale of common equivalent securities related to Tarp repayment. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ProceedsFromSaleOfCommonEquivalentSecuritiesRelatedToTarpRepayment" xlink:label="loc_bac_ProceedsFromSaleOfCommonEquivalentSecuritiesRelatedToTarpRepayment_F811F4D428D225B54031F39C01F7EDED" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ProceedsFromSaleOfCommonEquivalentSecuritiesRelatedToTarpRepayment_F811F4D428D225B54031F39C01F7EDED" xlink:to="lab_bac_ProceedsFromSaleOfCommonEquivalentSecuritiesRelatedToTarpRepayment_F811F4D428D225B54031F39C01F7EDED" xlink:type="arc"/>
<link:label id="lab_bac_NumberOfCommonEquivalentStockSold_5AAAED6F3695A4726989F39DBBEBDC0F_terseLabel_en-US" xlink:label="lab_bac_NumberOfCommonEquivalentStockSold_5AAAED6F3695A4726989F39DBBEBDC0F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Number Of Common Equivalent Stock Sold </link:label>
<link:label id="lab_bac_NumberOfCommonEquivalentStockSold_5AAAED6F3695A4726989F39DBBEBDC0F_label_en-US" xlink:label="lab_bac_NumberOfCommonEquivalentStockSold_5AAAED6F3695A4726989F39DBBEBDC0F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Number Of Common Equivalent Stock Sold </link:label>
<link:label id="lab_bac_NumberOfCommonEquivalentStockSold_5AAAED6F3695A4726989F39DBBEBDC0F_documentation_en-US" xlink:label="lab_bac_NumberOfCommonEquivalentStockSold_5AAAED6F3695A4726989F39DBBEBDC0F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the number of common equivalent stock sold. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_NumberOfCommonEquivalentStockSold" xlink:label="loc_bac_NumberOfCommonEquivalentStockSold_5AAAED6F3695A4726989F39DBBEBDC0F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_NumberOfCommonEquivalentStockSold_5AAAED6F3695A4726989F39DBBEBDC0F" xlink:to="lab_bac_NumberOfCommonEquivalentStockSold_5AAAED6F3695A4726989F39DBBEBDC0F" xlink:type="arc"/>
<link:label id="lab_bac_ValueOfCommonEquivalentSecuritiesPerUnit_E0C0803E1EBB8CE5EA3BF39F5EA2B4F3_terseLabel_en-US" xlink:label="lab_bac_ValueOfCommonEquivalentSecuritiesPerUnit_E0C0803E1EBB8CE5EA3BF39F5EA2B4F3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Value Of Common Equivalent Securities Per Unit </link:label>
<link:label id="lab_bac_ValueOfCommonEquivalentSecuritiesPerUnit_E0C0803E1EBB8CE5EA3BF39F5EA2B4F3_label_en-US" xlink:label="lab_bac_ValueOfCommonEquivalentSecuritiesPerUnit_E0C0803E1EBB8CE5EA3BF39F5EA2B4F3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Value Of Common Equivalent Securities Per Unit </link:label>
<link:label id="lab_bac_ValueOfCommonEquivalentSecuritiesPerUnit_E0C0803E1EBB8CE5EA3BF39F5EA2B4F3_documentation_en-US" xlink:label="lab_bac_ValueOfCommonEquivalentSecuritiesPerUnit_E0C0803E1EBB8CE5EA3BF39F5EA2B4F3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the value, per unit, of a common equivalent security. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ValueOfCommonEquivalentSecuritiesPerUnit" xlink:label="loc_bac_ValueOfCommonEquivalentSecuritiesPerUnit_E0C0803E1EBB8CE5EA3BF39F5EA2B4F3" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ValueOfCommonEquivalentSecuritiesPerUnit_E0C0803E1EBB8CE5EA3BF39F5EA2B4F3" xlink:to="lab_bac_ValueOfCommonEquivalentSecuritiesPerUnit_E0C0803E1EBB8CE5EA3BF39F5EA2B4F3" xlink:type="arc"/>
<link:label id="lab_bac_PurchaseAggregateOfCommonStock_4FD4FEAC3EE64DE3BC95F3A256AB0E8C_terseLabel_en-US" xlink:label="lab_bac_PurchaseAggregateOfCommonStock_4FD4FEAC3EE64DE3BC95F3A256AB0E8C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Purchase Aggregate Of Common Stock </link:label>
<link:label id="lab_bac_PurchaseAggregateOfCommonStock_4FD4FEAC3EE64DE3BC95F3A256AB0E8C_label_en-US" xlink:label="lab_bac_PurchaseAggregateOfCommonStock_4FD4FEAC3EE64DE3BC95F3A256AB0E8C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Purchase Aggregate Of Common Stock </link:label>
<link:label id="lab_bac_PurchaseAggregateOfCommonStock_4FD4FEAC3EE64DE3BC95F3A256AB0E8C_documentation_en-US" xlink:label="lab_bac_PurchaseAggregateOfCommonStock_4FD4FEAC3EE64DE3BC95F3A256AB0E8C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the aggregate amount of common stock to be purchased via exercise of warrants. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PurchaseAggregateOfCommonStock" xlink:label="loc_bac_PurchaseAggregateOfCommonStock_4FD4FEAC3EE64DE3BC95F3A256AB0E8C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_PurchaseAggregateOfCommonStock_4FD4FEAC3EE64DE3BC95F3A256AB0E8C" xlink:to="lab_bac_PurchaseAggregateOfCommonStock_4FD4FEAC3EE64DE3BC95F3A256AB0E8C" xlink:type="arc"/>
<link:label id="lab_bac_ConversionOfCommonEquivalentStockIntoCommonStock_602470DF95CCADBC3DE1F3A4D8D5B646_terseLabel_en-US" xlink:label="lab_bac_ConversionOfCommonEquivalentStockIntoCommonStock_602470DF95CCADBC3DE1F3A4D8D5B646" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Conversion Of Common Equivalent Stock Into Common Stock </link:label>
<link:label id="lab_bac_ConversionOfCommonEquivalentStockIntoCommonStock_602470DF95CCADBC3DE1F3A4D8D5B646_label_en-US" xlink:label="lab_bac_ConversionOfCommonEquivalentStockIntoCommonStock_602470DF95CCADBC3DE1F3A4D8D5B646" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Conversion Of Common Equivalent Stock Into Common Stock </link:label>
<link:label id="lab_bac_ConversionOfCommonEquivalentStockIntoCommonStock_602470DF95CCADBC3DE1F3A4D8D5B646_documentation_en-US" xlink:label="lab_bac_ConversionOfCommonEquivalentStockIntoCommonStock_602470DF95CCADBC3DE1F3A4D8D5B646" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the conversion process of common equivalent stock into common stock. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ConversionOfCommonEquivalentStockIntoCommonStock" xlink:label="loc_bac_ConversionOfCommonEquivalentStockIntoCommonStock_602470DF95CCADBC3DE1F3A4D8D5B646" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ConversionOfCommonEquivalentStockIntoCommonStock_602470DF95CCADBC3DE1F3A4D8D5B646" xlink:to="lab_bac_ConversionOfCommonEquivalentStockIntoCommonStock_602470DF95CCADBC3DE1F3A4D8D5B646" xlink:type="arc"/>
<link:label id="lab_bac_CommonStockSharesIssuedInPreferredShareExchange_2227926A21EACAEE339CF3B20414AB8A_terseLabel_en-US" xlink:label="lab_bac_CommonStockSharesIssuedInPreferredShareExchange_2227926A21EACAEE339CF3B20414AB8A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Common Stock Shares Issued In Preferred Share Exchanged </link:label>
<link:label id="lab_bac_CommonStockSharesIssuedInPreferredShareExchange_2227926A21EACAEE339CF3B20414AB8A_label_en-US" xlink:label="lab_bac_CommonStockSharesIssuedInPreferredShareExchange_2227926A21EACAEE339CF3B20414AB8A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Common Stock Shares Issued In Preferred Share Exchange </link:label>
<link:label id="lab_bac_CommonStockSharesIssuedInPreferredShareExchange_2227926A21EACAEE339CF3B20414AB8A_documentation_en-US" xlink:label="lab_bac_CommonStockSharesIssuedInPreferredShareExchange_2227926A21EACAEE339CF3B20414AB8A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the common stock shares issued in preferred shares exchange. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CommonStockSharesIssuedInPreferredShareExchange" xlink:label="loc_bac_CommonStockSharesIssuedInPreferredShareExchange_2227926A21EACAEE339CF3B20414AB8A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CommonStockSharesIssuedInPreferredShareExchange_2227926A21EACAEE339CF3B20414AB8A" xlink:to="lab_bac_CommonStockSharesIssuedInPreferredShareExchange_2227926A21EACAEE339CF3B20414AB8A" xlink:type="arc"/>
<link:label id="lab_bac_PreferredShareExchangedFairValueOfStockIssued_C4D55F589EF98DE29FFFF3B5706053FF_terseLabel_en-US" xlink:label="lab_bac_PreferredShareExchangedFairValueOfStockIssued_C4D55F589EF98DE29FFFF3B5706053FF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Preferred Share Exchanged Fair Value Of Stock Issued </link:label>
<link:label id="lab_bac_PreferredShareExchangedFairValueOfStockIssued_C4D55F589EF98DE29FFFF3B5706053FF_label_en-US" xlink:label="lab_bac_PreferredShareExchangedFairValueOfStockIssued_C4D55F589EF98DE29FFFF3B5706053FF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Preferred Share Exchanged Fair Value Of Stock Issued </link:label>
<link:label id="lab_bac_PreferredShareExchangedFairValueOfStockIssued_C4D55F589EF98DE29FFFF3B5706053FF_documentation_en-US" xlink:label="lab_bac_PreferredShareExchangedFairValueOfStockIssued_C4D55F589EF98DE29FFFF3B5706053FF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the fair value of stock issued in preferred shares exchange. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PreferredShareExchangedFairValueOfStockIssued" xlink:label="loc_bac_PreferredShareExchangedFairValueOfStockIssued_C4D55F589EF98DE29FFFF3B5706053FF" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_PreferredShareExchangedFairValueOfStockIssued_C4D55F589EF98DE29FFFF3B5706053FF" xlink:to="lab_bac_PreferredShareExchangedFairValueOfStockIssued_C4D55F589EF98DE29FFFF3B5706053FF" xlink:type="arc"/>
<link:label id="lab_bac_PreferredSharesInducedConversion_75A9D0031735D260DC9BF3D212FD8489_terseLabel_en-US" xlink:label="lab_bac_PreferredSharesInducedConversion_75A9D0031735D260DC9BF3D212FD8489" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Preferred Shares Induced Conversion </link:label>
<link:label id="lab_bac_PreferredSharesInducedConversion_75A9D0031735D260DC9BF3D212FD8489_label_en-US" xlink:label="lab_bac_PreferredSharesInducedConversion_75A9D0031735D260DC9BF3D212FD8489" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Preferred Shares Induced Conversion </link:label>
<link:label id="lab_bac_PreferredSharesInducedConversion_75A9D0031735D260DC9BF3D212FD8489_documentation_en-US" xlink:label="lab_bac_PreferredSharesInducedConversion_75A9D0031735D260DC9BF3D212FD8489" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the number of preferred shares accounted for as ain induced conversion of preferred stock. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PreferredSharesInducedConversion" xlink:label="loc_bac_PreferredSharesInducedConversion_75A9D0031735D260DC9BF3D212FD8489" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_PreferredSharesInducedConversion_75A9D0031735D260DC9BF3D212FD8489" xlink:to="lab_bac_PreferredSharesInducedConversion_75A9D0031735D260DC9BF3D212FD8489" xlink:type="arc"/>
<link:label id="lab_bac_PreferredSharesInducedConversionLiquidationPreference_0AAB4D578D8DC0D1DC6EF3D6F605D164_terseLabel_en-US" xlink:label="lab_bac_PreferredSharesInducedConversionLiquidationPreference_0AAB4D578D8DC0D1DC6EF3D6F605D164" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Preferred Shares Induced Conversion Liquidation Preference </link:label>
<link:label id="lab_bac_PreferredSharesInducedConversionLiquidationPreference_0AAB4D578D8DC0D1DC6EF3D6F605D164_label_en-US" xlink:label="lab_bac_PreferredSharesInducedConversionLiquidationPreference_0AAB4D578D8DC0D1DC6EF3D6F605D164" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Preferred Shares Induced Conversion Liquidation Preference </link:label>
<link:label id="lab_bac_PreferredSharesInducedConversionLiquidationPreference_0AAB4D578D8DC0D1DC6EF3D6F605D164_documentation_en-US" xlink:label="lab_bac_PreferredSharesInducedConversionLiquidationPreference_0AAB4D578D8DC0D1DC6EF3D6F605D164" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the value of preferred shares accounted for as ain induced conversion of preferred stock. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PreferredSharesInducedConversionLiquidationPreference" xlink:label="loc_bac_PreferredSharesInducedConversionLiquidationPreference_0AAB4D578D8DC0D1DC6EF3D6F605D164" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_PreferredSharesInducedConversionLiquidationPreference_0AAB4D578D8DC0D1DC6EF3D6F605D164" xlink:to="lab_bac_PreferredSharesInducedConversionLiquidationPreference_0AAB4D578D8DC0D1DC6EF3D6F605D164" xlink:type="arc"/>
<link:label id="lab_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_32E8CBB0FAFD4721D9C0F3D80CBA55DE_terseLabel_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_32E8CBB0FAFD4721D9C0F3D80CBA55DE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_32E8CBB0FAFD4721D9C0F3D80CBA55DE" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_32E8CBB0FAFD4721D9C0F3D80CBA55DE" xlink:to="lab_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_32E8CBB0FAFD4721D9C0F3D80CBA55DE" xlink:type="arc"/>
<link:label id="lab_us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecurities_2A7011D879DD2D11247FF3DAB4676078_terseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecurities_2A7011D879DD2D11247FF3DAB4676078" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Stock Issued During Period, Value, Conversion of Convertible Securities </link:label>
<link:label id="lab_us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecurities_2A7011D879DD2D11247FF3DAB4676078_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecurities_2A7011D879DD2D11247FF3DAB4676078" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stock Issued During Period, Value, Conversion of Convertible Securities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecurities" xlink:label="loc_us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecurities_2A7011D879DD2D11247FF3DAB4676078" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecurities_2A7011D879DD2D11247FF3DAB4676078" xlink:to="lab_us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecurities_2A7011D879DD2D11247FF3DAB4676078" xlink:type="arc"/>
<link:label id="lab_bac_NetBenefitDueToExcessOfCarryingValueOfNonConvertiblePreferredStock_3D1AA7361ED236BFFEF7F3C90EB450FF_terseLabel_en-US" xlink:label="lab_bac_NetBenefitDueToExcessOfCarryingValueOfNonConvertiblePreferredStock_3D1AA7361ED236BFFEF7F3C90EB450FF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net Benefit Due To Excess Of Carrying Value Of Non Convertible Preferred Stock </link:label>
<link:label id="lab_bac_NetBenefitDueToExcessOfCarryingValueOfNonConvertiblePreferredStock_3D1AA7361ED236BFFEF7F3C90EB450FF_label_en-US" xlink:label="lab_bac_NetBenefitDueToExcessOfCarryingValueOfNonConvertiblePreferredStock_3D1AA7361ED236BFFEF7F3C90EB450FF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Net Benefit Due To Excess Of Carrying Value Of Non Convertible Preferred Stock </link:label>
<link:label id="lab_bac_NetBenefitDueToExcessOfCarryingValueOfNonConvertiblePreferredStock_3D1AA7361ED236BFFEF7F3C90EB450FF_documentation_en-US" xlink:label="lab_bac_NetBenefitDueToExcessOfCarryingValueOfNonConvertiblePreferredStock_3D1AA7361ED236BFFEF7F3C90EB450FF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This amount represents the net of benefit due to the excess of the carrying value of the Corporation's non-convertible preferred stock over the fair value of the common stock exchanged. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_NetBenefitDueToExcessOfCarryingValueOfNonConvertiblePreferredStock" xlink:label="loc_bac_NetBenefitDueToExcessOfCarryingValueOfNonConvertiblePreferredStock_3D1AA7361ED236BFFEF7F3C90EB450FF" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_NetBenefitDueToExcessOfCarryingValueOfNonConvertiblePreferredStock_3D1AA7361ED236BFFEF7F3C90EB450FF" xlink:to="lab_bac_NetBenefitDueToExcessOfCarryingValueOfNonConvertiblePreferredStock_3D1AA7361ED236BFFEF7F3C90EB450FF" xlink:type="arc"/>
<link:label id="lab_us-gaap_PreferredStockConversionsInducements_83A194DECD4520323802F3CD7DFE9CF3_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockConversionsInducements_83A194DECD4520323802F3CD7DFE9CF3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Preferred Stock Conversions, Inducements </link:label>
<link:label id="lab_us-gaap_PreferredStockConversionsInducements_83A194DECD4520323802F3CD7DFE9CF3_label_en-US" xlink:label="lab_us-gaap_PreferredStockConversionsInducements_83A194DECD4520323802F3CD7DFE9CF3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Preferred Stock Conversions, Inducements </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_PreferredStockConversionsInducements" xlink:label="loc_us-gaap_PreferredStockConversionsInducements_83A194DECD4520323802F3CD7DFE9CF3" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockConversionsInducements_83A194DECD4520323802F3CD7DFE9CF3" xlink:to="lab_us-gaap_PreferredStockConversionsInducements_83A194DECD4520323802F3CD7DFE9CF3" xlink:type="arc"/>
<link:label id="lab_bac_PreferredStockToBeConvertibleIntoCommonShares_A9326B46AEBBAA02FBD59BC05E1AABC9_terseLabel_en-US" xlink:label="lab_bac_PreferredStockToBeConvertibleIntoCommonShares_A9326B46AEBBAA02FBD59BC05E1AABC9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Preferred Stock To Be Convertible Into Common Shares </link:label>
<link:label id="lab_bac_PreferredStockToBeConvertibleIntoCommonShares_A9326B46AEBBAA02FBD59BC05E1AABC9_label_en-US" xlink:label="lab_bac_PreferredStockToBeConvertibleIntoCommonShares_A9326B46AEBBAA02FBD59BC05E1AABC9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Preferred Stock To Be Convertible Into Common Shares </link:label>
<link:label id="lab_bac_PreferredStockToBeConvertibleIntoCommonShares_A9326B46AEBBAA02FBD59BC05E1AABC9_documentation_en-US" xlink:label="lab_bac_PreferredStockToBeConvertibleIntoCommonShares_A9326B46AEBBAA02FBD59BC05E1AABC9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents preferred stock to be convertible into common shares. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PreferredStockToBeConvertibleIntoCommonShares" xlink:label="loc_bac_PreferredStockToBeConvertibleIntoCommonShares_A9326B46AEBBAA02FBD59BC05E1AABC9" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_PreferredStockToBeConvertibleIntoCommonShares_A9326B46AEBBAA02FBD59BC05E1AABC9" xlink:to="lab_bac_PreferredStockToBeConvertibleIntoCommonShares_A9326B46AEBBAA02FBD59BC05E1AABC9" xlink:type="arc"/>
<link:label id="lab_us-gaap_PreferredStockParOrStatedValuePerShare_6F117651B33297554C8FF32A442025DE_verboseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockParOrStatedValuePerShare_6F117651B33297554C8FF32A442025DE" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Preferred Stock, Par or Stated Value Per Share </link:label>
<link:label id="lab_us-gaap_PreferredStockParOrStatedValuePerShare_6F117651B33297554C8FF32A442025DE_label_en-US" xlink:label="lab_us-gaap_PreferredStockParOrStatedValuePerShare_6F117651B33297554C8FF32A442025DE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Preferred Stock, Par or Stated Value Per Share </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_PreferredStockParOrStatedValuePerShare" xlink:label="loc_us-gaap_PreferredStockParOrStatedValuePerShare_6F117651B33297554C8FF32A442025DE" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockParOrStatedValuePerShare_6F117651B33297554C8FF32A442025DE" xlink:to="lab_us-gaap_PreferredStockParOrStatedValuePerShare_6F117651B33297554C8FF32A442025DE" xlink:type="arc"/>
<link:label id="lab_bac_TradingDays_34808C250101F0D64F5F9BC06246A37A_terseLabel_en-US" xlink:label="lab_bac_TradingDays_34808C250101F0D64F5F9BC06246A37A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Trading Days </link:label>
<link:label id="lab_bac_TradingDays_34808C250101F0D64F5F9BC06246A37A_label_en-US" xlink:label="lab_bac_TradingDays_34808C250101F0D64F5F9BC06246A37A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Trading Days </link:label>
<link:label id="lab_bac_TradingDays_34808C250101F0D64F5F9BC06246A37A_documentation_en-US" xlink:label="lab_bac_TradingDays_34808C250101F0D64F5F9BC06246A37A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the number of trading days in the period. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_TradingDays" xlink:label="loc_bac_TradingDays_34808C250101F0D64F5F9BC06246A37A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_TradingDays_34808C250101F0D64F5F9BC06246A37A" xlink:to="lab_bac_TradingDays_34808C250101F0D64F5F9BC06246A37A" xlink:type="arc"/>
<link:label id="lab_bac_ConsecutiveTradingDays_FC83B1C7EBCE3D4689A09BC063A698B7_terseLabel_en-US" xlink:label="lab_bac_ConsecutiveTradingDays_FC83B1C7EBCE3D4689A09BC063A698B7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Consecutive Trading Days </link:label>
<link:label id="lab_bac_ConsecutiveTradingDays_FC83B1C7EBCE3D4689A09BC063A698B7_label_en-US" xlink:label="lab_bac_ConsecutiveTradingDays_FC83B1C7EBCE3D4689A09BC063A698B7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Consecutive Trading Days </link:label>
<link:label id="lab_bac_ConsecutiveTradingDays_FC83B1C7EBCE3D4689A09BC063A698B7_documentation_en-US" xlink:label="lab_bac_ConsecutiveTradingDays_FC83B1C7EBCE3D4689A09BC063A698B7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the number of consecutive trading days in the period. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ConsecutiveTradingDays" xlink:label="loc_bac_ConsecutiveTradingDays_FC83B1C7EBCE3D4689A09BC063A698B7" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ConsecutiveTradingDays_FC83B1C7EBCE3D4689A09BC063A698B7" xlink:to="lab_bac_ConsecutiveTradingDays_FC83B1C7EBCE3D4689A09BC063A698B7" xlink:type="arc"/>
<link:label id="lab_bac_CommonStockClosingPriceExceedsThenApplicableConversionPriceOfPreferredStock_F5A75AD597C1B15D579B9BC0650DD77B_terseLabel_en-US" xlink:label="lab_bac_CommonStockClosingPriceExceedsThenApplicableConversionPriceOfPreferredStock_F5A75AD597C1B15D579B9BC0650DD77B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Common Stock Closing Price Exceeds Then Applicable Conversion Price Of Preferred Stock </link:label>
<link:label id="lab_bac_CommonStockClosingPriceExceedsThenApplicableConversionPriceOfPreferredStock_F5A75AD597C1B15D579B9BC0650DD77B_label_en-US" xlink:label="lab_bac_CommonStockClosingPriceExceedsThenApplicableConversionPriceOfPreferredStock_F5A75AD597C1B15D579B9BC0650DD77B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Common Stock Closing Price Exceeds Then Applicable Conversion Price Of Preferred Stock </link:label>
<link:label id="lab_bac_CommonStockClosingPriceExceedsThenApplicableConversionPriceOfPreferredStock_F5A75AD597C1B15D579B9BC0650DD77B_documentation_en-US" xlink:label="lab_bac_CommonStockClosingPriceExceedsThenApplicableConversionPriceOfPreferredStock_F5A75AD597C1B15D579B9BC0650DD77B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the applicable percent that the common stock closing price needs to exceed for conversion to preferred stock. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CommonStockClosingPriceExceedsThenApplicableConversionPriceOfPreferredStock" xlink:label="loc_bac_CommonStockClosingPriceExceedsThenApplicableConversionPriceOfPreferredStock_F5A75AD597C1B15D579B9BC0650DD77B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CommonStockClosingPriceExceedsThenApplicableConversionPriceOfPreferredStock_F5A75AD597C1B15D579B9BC0650DD77B" xlink:to="lab_bac_CommonStockClosingPriceExceedsThenApplicableConversionPriceOfPreferredStock_F5A75AD597C1B15D579B9BC0650DD77B" xlink:type="arc"/>
<link:label id="lab_bac_IncreaseToTier1CapitalPercent_ABF1F255B8DE1B2DA5979A6BEC3C3367_terseLabel_en-US" xlink:label="lab_bac_IncreaseToTier1CapitalPercent_ABF1F255B8DE1B2DA5979A6BEC3C3367" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Increase to Tier 1 Capital, Percent </link:label>
<link:label id="lab_bac_IncreaseToTier1CapitalPercent_ABF1F255B8DE1B2DA5979A6BEC3C3367_label_en-US" xlink:label="lab_bac_IncreaseToTier1CapitalPercent_ABF1F255B8DE1B2DA5979A6BEC3C3367" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Increase to Tier 1 Capital, Percent </link:label>
<link:label id="lab_bac_IncreaseToTier1CapitalPercent_ABF1F255B8DE1B2DA5979A6BEC3C3367_documentation_en-US" xlink:label="lab_bac_IncreaseToTier1CapitalPercent_ABF1F255B8DE1B2DA5979A6BEC3C3367" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Increase to Tier 1 Capital, Percent </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_IncreaseToTier1CapitalPercent" xlink:label="loc_bac_IncreaseToTier1CapitalPercent_ABF1F255B8DE1B2DA5979A6BEC3C3367" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_IncreaseToTier1CapitalPercent_ABF1F255B8DE1B2DA5979A6BEC3C3367" xlink:to="lab_bac_IncreaseToTier1CapitalPercent_ABF1F255B8DE1B2DA5979A6BEC3C3367" xlink:type="arc"/>
<link:label id="lab_bac_IncreaseDecreaseInTier1CommonCapitalRatio_1DC52A401B51EFC76C5AF44F14E737A3_label_en-US" xlink:label="lab_bac_IncreaseDecreaseInTier1CommonCapitalRatio_1DC52A401B51EFC76C5AF44F14E737A3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Increase (Decrease) in Tier 1 Common Capital Ratio </link:label>
<link:label id="lab_bac_IncreaseDecreaseInTier1CommonCapitalRatio_1DC52A401B51EFC76C5AF44F14E737A3_documentation_en-US" xlink:label="lab_bac_IncreaseDecreaseInTier1CommonCapitalRatio_1DC52A401B51EFC76C5AF44F14E737A3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Increase (Decrease) in Tier 1 Common Capital Ratio. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_IncreaseDecreaseInTier1CommonCapitalRatio" xlink:label="loc_bac_IncreaseDecreaseInTier1CommonCapitalRatio_1DC52A401B51EFC76C5AF44F14E737A3" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_IncreaseDecreaseInTier1CommonCapitalRatio_1DC52A401B51EFC76C5AF44F14E737A3" xlink:to="lab_bac_IncreaseDecreaseInTier1CommonCapitalRatio_1DC52A401B51EFC76C5AF44F14E737A3" xlink:type="arc"/>
<link:label id="lab_us-gaap_SegmentReportingDisclosureTextBlock_E60D671C671A41A3E8CBFD209E00361B_terseLabel_en-US" xlink:label="lab_us-gaap_SegmentReportingDisclosureTextBlock_E60D671C671A41A3E8CBFD209E00361B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Segment Reporting Disclosure [Text Block] </link:label>
<link:label id="lab_us-gaap_SegmentReportingDisclosureTextBlock_E60D671C671A41A3E8CBFD209E00361B_label_en-US" xlink:label="lab_us-gaap_SegmentReportingDisclosureTextBlock_E60D671C671A41A3E8CBFD209E00361B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Segment Reporting Disclosure [Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_SegmentReportingDisclosureTextBlock" xlink:label="loc_us-gaap_SegmentReportingDisclosureTextBlock_E60D671C671A41A3E8CBFD209E00361B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SegmentReportingDisclosureTextBlock_E60D671C671A41A3E8CBFD209E00361B" xlink:to="lab_us-gaap_SegmentReportingDisclosureTextBlock_E60D671C671A41A3E8CBFD209E00361B" xlink:type="arc"/>
<link:label id="lab_bac_ScheduleOfSecuritizationsAndOtherVariableInterestEntitiesTable_3AA6ED94885E4A2054C5CA83A2094880_label_en-US" xlink:label="lab_bac_ScheduleOfSecuritizationsAndOtherVariableInterestEntitiesTable_3AA6ED94885E4A2054C5CA83A2094880" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Securitizations and Other Variable Interest Entities [Table] </link:label>
<link:label id="lab_bac_ScheduleOfSecuritizationsAndOtherVariableInterestEntitiesTable_3AA6ED94885E4A2054C5CA83A2094880_documentation_en-US" xlink:label="lab_bac_ScheduleOfSecuritizationsAndOtherVariableInterestEntitiesTable_3AA6ED94885E4A2054C5CA83A2094880" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Schedule of Securitizations and Other Variable Interest Entities [Table] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ScheduleOfSecuritizationsAndOtherVariableInterestEntitiesTable" xlink:label="loc_bac_ScheduleOfSecuritizationsAndOtherVariableInterestEntitiesTable_3AA6ED94885E4A2054C5CA83A2094880" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ScheduleOfSecuritizationsAndOtherVariableInterestEntitiesTable_3AA6ED94885E4A2054C5CA83A2094880" xlink:to="lab_bac_ScheduleOfSecuritizationsAndOtherVariableInterestEntitiesTable_3AA6ED94885E4A2054C5CA83A2094880" xlink:type="arc"/>
<link:label id="lab_us-gaap_SecuritizationFinancialAssetForWhichTransferIsAccountedAsSaleAxis_9BFAFCDE05E754DDE7EACB0D24CC8E37_label_en-US" xlink:label="lab_us-gaap_SecuritizationFinancialAssetForWhichTransferIsAccountedAsSaleAxis_9BFAFCDE05E754DDE7EACB0D24CC8E37" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securitization or Asset-backed Financing Arrangements, Financial Asset for which Transfer is Accounted as Sale by Type [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_SecuritizationFinancialAssetForWhichTransferIsAccountedAsSaleAxis" xlink:label="loc_us-gaap_SecuritizationFinancialAssetForWhichTransferIsAccountedAsSaleAxis_9BFAFCDE05E754DDE7EACB0D24CC8E37" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SecuritizationFinancialAssetForWhichTransferIsAccountedAsSaleAxis_9BFAFCDE05E754DDE7EACB0D24CC8E37" xlink:to="lab_us-gaap_SecuritizationFinancialAssetForWhichTransferIsAccountedAsSaleAxis_9BFAFCDE05E754DDE7EACB0D24CC8E37" xlink:type="arc"/>
<link:label id="lab_bac_ConsumerMortgageMember_151799D7FBFAA4D90A87D0C685D7666F_label_en-US" xlink:label="lab_bac_ConsumerMortgageMember_151799D7FBFAA4D90A87D0C685D7666F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Consumer Mortgage [Member] </link:label>
<link:label id="lab_bac_ConsumerMortgageMember_151799D7FBFAA4D90A87D0C685D7666F_documentation_en-US" xlink:label="lab_bac_ConsumerMortgageMember_151799D7FBFAA4D90A87D0C685D7666F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Consumer Mortgage [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ConsumerMortgageMember" xlink:label="loc_bac_ConsumerMortgageMember_151799D7FBFAA4D90A87D0C685D7666F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ConsumerMortgageMember_151799D7FBFAA4D90A87D0C685D7666F" xlink:to="lab_bac_ConsumerMortgageMember_151799D7FBFAA4D90A87D0C685D7666F" xlink:type="arc"/>
<link:label id="lab_bac_SecuritizationsRelatedInformationAbstract_A68A4FF299FBA6A20488CA7BAA6039E4_label_en-US" xlink:label="lab_bac_SecuritizationsRelatedInformationAbstract_A68A4FF299FBA6A20488CA7BAA6039E4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securitizations Related Information [Abstract] </link:label>
<link:label id="lab_bac_SecuritizationsRelatedInformationAbstract_A68A4FF299FBA6A20488CA7BAA6039E4_documentation_en-US" xlink:label="lab_bac_SecuritizationsRelatedInformationAbstract_A68A4FF299FBA6A20488CA7BAA6039E4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Securitizations Related Information. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_SecuritizationsRelatedInformationAbstract" xlink:label="loc_bac_SecuritizationsRelatedInformationAbstract_A68A4FF299FBA6A20488CA7BAA6039E4" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_SecuritizationsRelatedInformationAbstract_A68A4FF299FBA6A20488CA7BAA6039E4" xlink:to="lab_bac_SecuritizationsRelatedInformationAbstract_A68A4FF299FBA6A20488CA7BAA6039E4" xlink:type="arc"/>
<link:label id="lab_us-gaap_CashFlowsBetweenTransfereeAndTransferorProceedsFromNewTransfers_1D1D70C2B203CB81D7ACCA8455670CFD_verboseLabel_en-US" xlink:label="lab_us-gaap_CashFlowsBetweenTransfereeAndTransferorProceedsFromNewTransfers_1D1D70C2B203CB81D7ACCA8455670CFD" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Cash proceeds from new securitizations </link:label>
<link:label id="lab_us-gaap_CashFlowsBetweenTransfereeAndTransferorProceedsFromNewTransfers_1D1D70C2B203CB81D7ACCA8455670CFD_label_en-US" xlink:label="lab_us-gaap_CashFlowsBetweenTransfereeAndTransferorProceedsFromNewTransfers_1D1D70C2B203CB81D7ACCA8455670CFD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Cash Flows Between Transferor and Transferee, Proceeds from New Transfers </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CashFlowsBetweenTransfereeAndTransferorProceedsFromNewTransfers" xlink:label="loc_us-gaap_CashFlowsBetweenTransfereeAndTransferorProceedsFromNewTransfers_1D1D70C2B203CB81D7ACCA8455670CFD" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashFlowsBetweenTransfereeAndTransferorProceedsFromNewTransfers_1D1D70C2B203CB81D7ACCA8455670CFD" xlink:to="lab_us-gaap_CashFlowsBetweenTransfereeAndTransferorProceedsFromNewTransfers_1D1D70C2B203CB81D7ACCA8455670CFD" xlink:type="arc"/>
<link:label id="lab_us-gaap_SecuritizationFinancialAssetForWhichTransferIsAccountedAsSaleGainLossOnSale_C8CCA378049EF0D3EE6BCAA47A70ACB9_verboseLabel_en-US" xlink:label="lab_us-gaap_SecuritizationFinancialAssetForWhichTransferIsAccountedAsSaleGainLossOnSale_C8CCA378049EF0D3EE6BCAA47A70ACB9" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Loss on securitizations, net of hedges </link:label>
<link:label id="lab_us-gaap_SecuritizationFinancialAssetForWhichTransferIsAccountedAsSaleGainLossOnSale_C8CCA378049EF0D3EE6BCAA47A70ACB9_label_en-US" xlink:label="lab_us-gaap_SecuritizationFinancialAssetForWhichTransferIsAccountedAsSaleGainLossOnSale_C8CCA378049EF0D3EE6BCAA47A70ACB9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securitization or Asset-backed Financing Arrangement, Financial Asset for which Transfer is Accounted as Sale, Gain (Loss) on Sale </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_SecuritizationFinancialAssetForWhichTransferIsAccountedAsSaleGainLossOnSale" xlink:label="loc_us-gaap_SecuritizationFinancialAssetForWhichTransferIsAccountedAsSaleGainLossOnSale_C8CCA378049EF0D3EE6BCAA47A70ACB9" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SecuritizationFinancialAssetForWhichTransferIsAccountedAsSaleGainLossOnSale_C8CCA378049EF0D3EE6BCAA47A70ACB9" xlink:to="lab_us-gaap_SecuritizationFinancialAssetForWhichTransferIsAccountedAsSaleGainLossOnSale_C8CCA378049EF0D3EE6BCAA47A70ACB9" xlink:type="arc"/>
<link:label id="lab_us-gaap_CashFlowsBetweenTransfereeAndTransferorReceiptsOnInterestsThatContinueToBeHeldOther_2C5CB4C81614C33785B6CAA4F988FBEA_terseLabel_en-US" xlink:label="lab_us-gaap_CashFlowsBetweenTransfereeAndTransferorReceiptsOnInterestsThatContinueToBeHeldOther_2C5CB4C81614C33785B6CAA4F988FBEA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Cash flows received on residual interests </link:label>
<link:label id="lab_us-gaap_CashFlowsBetweenTransfereeAndTransferorReceiptsOnInterestsThatContinueToBeHeldOther_2C5CB4C81614C33785B6CAA4F988FBEA_label_en-US" xlink:label="lab_us-gaap_CashFlowsBetweenTransfereeAndTransferorReceiptsOnInterestsThatContinueToBeHeldOther_2C5CB4C81614C33785B6CAA4F988FBEA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Cash Flows Between Transferor and Transferee, Receipts on Transferor's Interest in Transferred Financial Assets, Other </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CashFlowsBetweenTransfereeAndTransferorReceiptsOnInterestsThatContinueToBeHeldOther" xlink:label="loc_us-gaap_CashFlowsBetweenTransfereeAndTransferorReceiptsOnInterestsThatContinueToBeHeldOther_2C5CB4C81614C33785B6CAA4F988FBEA" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashFlowsBetweenTransfereeAndTransferorReceiptsOnInterestsThatContinueToBeHeldOther_2C5CB4C81614C33785B6CAA4F988FBEA" xlink:to="lab_us-gaap_CashFlowsBetweenTransfereeAndTransferorReceiptsOnInterestsThatContinueToBeHeldOther_2C5CB4C81614C33785B6CAA4F988FBEA" xlink:type="arc"/>
<link:label id="lab_us-gaap_GainLossOnSaleOfMortgageLoans_5B80B86E2A3BB8BFCC03CACC0174B55D_terseLabel_en-US" xlink:label="lab_us-gaap_GainLossOnSaleOfMortgageLoans_5B80B86E2A3BB8BFCC03CACC0174B55D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Gain on Sale of Mortgage Loans </link:label>
<link:label id="lab_us-gaap_GainLossOnSaleOfMortgageLoans_5B80B86E2A3BB8BFCC03CACC0174B55D_label_en-US" xlink:label="lab_us-gaap_GainLossOnSaleOfMortgageLoans_5B80B86E2A3BB8BFCC03CACC0174B55D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Gain (Loss) on Sale of Mortgage Loans </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_GainLossOnSaleOfMortgageLoans" xlink:label="loc_us-gaap_GainLossOnSaleOfMortgageLoans_5B80B86E2A3BB8BFCC03CACC0174B55D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GainLossOnSaleOfMortgageLoans_5B80B86E2A3BB8BFCC03CACC0174B55D" xlink:to="lab_us-gaap_GainLossOnSaleOfMortgageLoans_5B80B86E2A3BB8BFCC03CACC0174B55D" xlink:type="arc"/>
<link:label id="lab_bac_ServicingFeeAndAncillaryFeeIncome_0CAC58F355B038B6E53FCDCA0C7214D5_terseLabel_en-US" xlink:label="lab_bac_ServicingFeeAndAncillaryFeeIncome_0CAC58F355B038B6E53FCDCA0C7214D5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Servicing Fee And Ancillary Fee Income </link:label>
<link:label id="lab_bac_ServicingFeeAndAncillaryFeeIncome_0CAC58F355B038B6E53FCDCA0C7214D5_label_en-US" xlink:label="lab_bac_ServicingFeeAndAncillaryFeeIncome_0CAC58F355B038B6E53FCDCA0C7214D5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Servicing Fee And Ancillary Fee Income </link:label>
<link:label id="lab_bac_ServicingFeeAndAncillaryFeeIncome_0CAC58F355B038B6E53FCDCA0C7214D5_documentation_en-US" xlink:label="lab_bac_ServicingFeeAndAncillaryFeeIncome_0CAC58F355B038B6E53FCDCA0C7214D5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents servicing fee and ancillary fee income. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ServicingFeeAndAncillaryFeeIncome" xlink:label="loc_bac_ServicingFeeAndAncillaryFeeIncome_0CAC58F355B038B6E53FCDCA0C7214D5" xlink:type="locator"/>
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<link:label id="lab_bac_ServicingAdvance_504BFE6589FF35E3D338CE9E2FAFBA68_terseLabel_en-US" xlink:label="lab_bac_ServicingAdvance_504BFE6589FF35E3D338CE9E2FAFBA68" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Servicing Advance </link:label>
<link:label id="lab_bac_ServicingAdvance_504BFE6589FF35E3D338CE9E2FAFBA68_label_en-US" xlink:label="lab_bac_ServicingAdvance_504BFE6589FF35E3D338CE9E2FAFBA68" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Servicing Advance </link:label>
<link:label id="lab_bac_ServicingAdvance_504BFE6589FF35E3D338CE9E2FAFBA68_documentation_en-US" xlink:label="lab_bac_ServicingAdvance_504BFE6589FF35E3D338CE9E2FAFBA68" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Represents the servicing advances on loans serviced, including securitizations where the entity has continuing involvement. Advance types include principal and interest (P&I), tax and insurance (T&I, also known as escrow advances) and corporate payments which are costs associated with foreclosing on and liquidating mortgage collateral. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ServicingAdvance" xlink:label="loc_bac_ServicingAdvance_504BFE6589FF35E3D338CE9E2FAFBA68" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ServicingAdvance_504BFE6589FF35E3D338CE9E2FAFBA68" xlink:to="lab_bac_ServicingAdvance_504BFE6589FF35E3D338CE9E2FAFBA68" xlink:type="arc"/>
<link:label id="lab_bac_LoansRepurchasedFromInvestorsAndSecuritizationTrusts_908B1B5522AC247F7475CEA33C5000E8_terseLabel_en-US" xlink:label="lab_bac_LoansRepurchasedFromInvestorsAndSecuritizationTrusts_908B1B5522AC247F7475CEA33C5000E8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loans repurchased from investors and securitization trusts </link:label>
<link:label id="lab_bac_LoansRepurchasedFromInvestorsAndSecuritizationTrusts_908B1B5522AC247F7475CEA33C5000E8_label_en-US" xlink:label="lab_bac_LoansRepurchasedFromInvestorsAndSecuritizationTrusts_908B1B5522AC247F7475CEA33C5000E8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loans Repurchased from Investors and Securitization Trusts </link:label>
<link:label id="lab_bac_LoansRepurchasedFromInvestorsAndSecuritizationTrusts_908B1B5522AC247F7475CEA33C5000E8_documentation_en-US" xlink:label="lab_bac_LoansRepurchasedFromInvestorsAndSecuritizationTrusts_908B1B5522AC247F7475CEA33C5000E8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents loans repurchased from investors and securitization trusts based upon representations and warranties and corporate guarantees, including those in which monoline guarantors insured some or all of the related bonds. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_LoansRepurchasedFromInvestorsAndSecuritizationTrusts" xlink:label="loc_bac_LoansRepurchasedFromInvestorsAndSecuritizationTrusts_908B1B5522AC247F7475CEA33C5000E8" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock_76E444468F9639E3C92D39206C41D259_verboseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock_76E444468F9639E3C92D39206C41D259" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Accumulated OCI </link:label>
<link:label id="lab_us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock_76E444468F9639E3C92D39206C41D259_label_en-US" xlink:label="lab_us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock_76E444468F9639E3C92D39206C41D259" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock_76E444468F9639E3C92D39206C41D259" xlink:type="locator"/>
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<link:label id="lab_bac_SeniorDebtSecuritiesMember_D2339E91223746D09CD99062C08E3D8D_terseLabel_en-US" xlink:label="lab_bac_SeniorDebtSecuritiesMember_D2339E91223746D09CD99062C08E3D8D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Senior Debt Securities [Member] </link:label>
<link:label id="lab_bac_SeniorDebtSecuritiesMember_D2339E91223746D09CD99062C08E3D8D_label_en-US" xlink:label="lab_bac_SeniorDebtSecuritiesMember_D2339E91223746D09CD99062C08E3D8D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Senior Debt Securities [Member] </link:label>
<link:label id="lab_bac_SeniorDebtSecuritiesMember_D2339E91223746D09CD99062C08E3D8D_documentation_en-US" xlink:label="lab_bac_SeniorDebtSecuritiesMember_D2339E91223746D09CD99062C08E3D8D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Debt securities issued by the securitizations that have a senior claim. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_SeniorDebtSecuritiesMember" xlink:label="loc_bac_SeniorDebtSecuritiesMember_D2339E91223746D09CD99062C08E3D8D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_SeniorDebtSecuritiesMember_D2339E91223746D09CD99062C08E3D8D" xlink:to="lab_bac_SeniorDebtSecuritiesMember_D2339E91223746D09CD99062C08E3D8D" xlink:type="arc"/>
<link:label id="lab_bac_CollectionReinvestedInRevolvingPeriodSecuritizations_8EA23C0960E173AFBDB3904C2B17F536_terseLabel_en-US" xlink:label="lab_bac_CollectionReinvestedInRevolvingPeriodSecuritizations_8EA23C0960E173AFBDB3904C2B17F536" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Collection reinvested in revolving period securitizations </link:label>
<link:label id="lab_bac_CollectionReinvestedInRevolvingPeriodSecuritizations_8EA23C0960E173AFBDB3904C2B17F536_label_en-US" xlink:label="lab_bac_CollectionReinvestedInRevolvingPeriodSecuritizations_8EA23C0960E173AFBDB3904C2B17F536" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Collection reinvested in revolving period securitizations </link:label>
<link:label id="lab_bac_CollectionReinvestedInRevolvingPeriodSecuritizations_8EA23C0960E173AFBDB3904C2B17F536_documentation_en-US" xlink:label="lab_bac_CollectionReinvestedInRevolvingPeriodSecuritizations_8EA23C0960E173AFBDB3904C2B17F536" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents collection on the receivables securitized by the credit card securitizations trust that is reinvested in revolving period securitizations. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CollectionReinvestedInRevolvingPeriodSecuritizations" xlink:label="loc_bac_CollectionReinvestedInRevolvingPeriodSecuritizations_8EA23C0960E173AFBDB3904C2B17F536" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CollectionReinvestedInRevolvingPeriodSecuritizations_8EA23C0960E173AFBDB3904C2B17F536" xlink:to="lab_bac_CollectionReinvestedInRevolvingPeriodSecuritizations_8EA23C0960E173AFBDB3904C2B17F536" xlink:type="arc"/>
<link:label id="lab_us-gaap_QualitativeAndQuantitativeInformationAssetsOrLiabilitiesForTransferorsContinuingInvolvementInSecuritizationOrAssetbackedFinancingArrangementPrincipalAmountsOutstanding_E5607A53276A8AA15EF4D0E146E8A661_terseLabel_en-US" xlink:label="lab_us-gaap_QualitativeAndQuantitativeInformationAssetsOrLiabilitiesForTransferorsContinuingInvolvementInSecuritizationOrAssetbackedFinancingArrangementPrincipalAmountsOutstanding_E5607A53276A8AA15EF4D0E146E8A661" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Principal balance outstanding </link:label>
<link:label id="lab_us-gaap_QualitativeAndQuantitativeInformationAssetsOrLiabilitiesForTransferorsContinuingInvolvementInSecuritizationOrAssetbackedFinancingArrangementPrincipalAmountsOutstanding_E5607A53276A8AA15EF4D0E146E8A661_label_en-US" xlink:label="lab_us-gaap_QualitativeAndQuantitativeInformationAssetsOrLiabilitiesForTransferorsContinuingInvolvementInSecuritizationOrAssetbackedFinancingArrangementPrincipalAmountsOutstanding_E5607A53276A8AA15EF4D0E146E8A661" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Qualitative and Quantitative Information, Transferor's Continuing Involvement, Principal Amount Outstanding </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_QualitativeAndQuantitativeInformationAssetsOrLiabilitiesForTransferorsContinuingInvolvementInSecuritizationOrAssetbackedFinancingArrangementPrincipalAmountsOutstanding" xlink:label="loc_us-gaap_QualitativeAndQuantitativeInformationAssetsOrLiabilitiesForTransferorsContinuingInvolvementInSecuritizationOrAssetbackedFinancingArrangementPrincipalAmountsOutstanding_E5607A53276A8AA15EF4D0E146E8A661" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_QualitativeAndQuantitativeInformationAssetsOrLiabilitiesForTransferorsContinuingInvolvementInSecuritizationOrAssetbackedFinancingArrangementPrincipalAmountsOutstanding_E5607A53276A8AA15EF4D0E146E8A661" xlink:to="lab_us-gaap_QualitativeAndQuantitativeInformationAssetsOrLiabilitiesForTransferorsContinuingInvolvementInSecuritizationOrAssetbackedFinancingArrangementPrincipalAmountsOutstanding_E5607A53276A8AA15EF4D0E146E8A661" xlink:type="arc"/>
<link:label id="lab_bac_TrustCertificatesOutstanding_972FFBFD791AAA1B5ED9907429992ADF_terseLabel_en-US" xlink:label="lab_bac_TrustCertificatesOutstanding_972FFBFD791AAA1B5ED9907429992ADF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Trust certificates outstanding </link:label>
<link:label id="lab_bac_TrustCertificatesOutstanding_972FFBFD791AAA1B5ED9907429992ADF_label_en-US" xlink:label="lab_bac_TrustCertificatesOutstanding_972FFBFD791AAA1B5ED9907429992ADF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Trust certificates outstanding </link:label>
<link:label id="lab_bac_TrustCertificatesOutstanding_972FFBFD791AAA1B5ED9907429992ADF_documentation_en-US" xlink:label="lab_bac_TrustCertificatesOutstanding_972FFBFD791AAA1B5ED9907429992ADF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the amount of trust certificates outstanding for both consolidated and unconsolidated trusts in rapid amortization related to home equity securitization transactions. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_TrustCertificatesOutstanding" xlink:label="loc_bac_TrustCertificatesOutstanding_972FFBFD791AAA1B5ED9907429992ADF" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_TrustCertificatesOutstanding_972FFBFD791AAA1B5ED9907429992ADF" xlink:to="lab_bac_TrustCertificatesOutstanding_972FFBFD791AAA1B5ED9907429992ADF" xlink:type="arc"/>
<link:label id="lab_bac_RemainingBorrowingCapacityOnHomeEquityLine_CBD42B6D2959D6986D229137C4191D22_terseLabel_en-US" xlink:label="lab_bac_RemainingBorrowingCapacityOnHomeEquityLine_CBD42B6D2959D6986D229137C4191D22" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Remaining Borrowing Capacity On Home Equity Line </link:label>
<link:label id="lab_bac_RemainingBorrowingCapacityOnHomeEquityLine_CBD42B6D2959D6986D229137C4191D22_label_en-US" xlink:label="lab_bac_RemainingBorrowingCapacityOnHomeEquityLine_CBD42B6D2959D6986D229137C4191D22" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Remaining Borrowing Capacity On Home Equity Line </link:label>
<link:label id="lab_bac_RemainingBorrowingCapacityOnHomeEquityLine_CBD42B6D2959D6986D229137C4191D22_documentation_en-US" xlink:label="lab_bac_RemainingBorrowingCapacityOnHomeEquityLine_CBD42B6D2959D6986D229137C4191D22" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> The amount of credit a borrower has remaining on their home equity line of credit and which the entity, as a lender, has committed to lend. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_RemainingBorrowingCapacityOnHomeEquityLine" xlink:label="loc_bac_RemainingBorrowingCapacityOnHomeEquityLine_CBD42B6D2959D6986D229137C4191D22" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_RemainingBorrowingCapacityOnHomeEquityLine_CBD42B6D2959D6986D229137C4191D22" xlink:to="lab_bac_RemainingBorrowingCapacityOnHomeEquityLine_CBD42B6D2959D6986D229137C4191D22" xlink:type="arc"/>
<link:label id="lab_bac_ReserveForLossesForHomeEquitySecuritizations_118DC7246016BB23FA44913A6D2CBA1B_terseLabel_en-US" xlink:label="lab_bac_ReserveForLossesForHomeEquitySecuritizations_118DC7246016BB23FA44913A6D2CBA1B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Reserve For Losses For Home Equity Securitizations </link:label>
<link:label id="lab_bac_ReserveForLossesForHomeEquitySecuritizations_118DC7246016BB23FA44913A6D2CBA1B_label_en-US" xlink:label="lab_bac_ReserveForLossesForHomeEquitySecuritizations_118DC7246016BB23FA44913A6D2CBA1B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Reserve For Losses For Home Equity Securitizations </link:label>
<link:label id="lab_bac_ReserveForLossesForHomeEquitySecuritizations_118DC7246016BB23FA44913A6D2CBA1B_documentation_en-US" xlink:label="lab_bac_ReserveForLossesForHomeEquitySecuritizations_118DC7246016BB23FA44913A6D2CBA1B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the reserve for losses on expected future draw obligations on the home equity loan securitizations in or expected to enter rapid amortization. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ReserveForLossesForHomeEquitySecuritizations" xlink:label="loc_bac_ReserveForLossesForHomeEquitySecuritizations_118DC7246016BB23FA44913A6D2CBA1B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ReserveForLossesForHomeEquitySecuritizations_118DC7246016BB23FA44913A6D2CBA1B" xlink:to="lab_bac_ReserveForLossesForHomeEquitySecuritizations_118DC7246016BB23FA44913A6D2CBA1B" xlink:type="arc"/>
<link:label id="lab_us-gaap_ServicingFeesNet_1A88ACCEBEC2A56FE62E913B7997F1E4_terseLabel_en-US" xlink:label="lab_us-gaap_ServicingFeesNet_1A88ACCEBEC2A56FE62E913B7997F1E4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Servicing Fees, Net </link:label>
<link:label id="lab_us-gaap_ServicingFeesNet_1A88ACCEBEC2A56FE62E913B7997F1E4_label_en-US" xlink:label="lab_us-gaap_ServicingFeesNet_1A88ACCEBEC2A56FE62E913B7997F1E4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Servicing Fees, Net </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ServicingFeesNet" xlink:label="loc_us-gaap_ServicingFeesNet_1A88ACCEBEC2A56FE62E913B7997F1E4" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ServicingFeesNet_1A88ACCEBEC2A56FE62E913B7997F1E4" xlink:to="lab_us-gaap_ServicingFeesNet_1A88ACCEBEC2A56FE62E913B7997F1E4" xlink:type="arc"/>
<link:label id="lab_us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock_DB49A23B79ABAE02319D8D44C72233A5_verboseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock_DB49A23B79ABAE02319D8D44C72233A5" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Fair value Assets and liabilities measured on Recurring basis </link:label>
<link:label id="lab_us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock_DB49A23B79ABAE02319D8D44C72233A5_label_en-US" xlink:label="lab_us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock_DB49A23B79ABAE02319D8D44C72233A5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock_DB49A23B79ABAE02319D8D44C72233A5" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock_DB49A23B79ABAE02319D8D44C72233A5" xlink:to="lab_us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock_DB49A23B79ABAE02319D8D44C72233A5" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsTextBlock_1AF128833C01CDDE2FCD8D44C7222A57_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsTextBlock_1AF128833C01CDDE2FCD8D44C7222A57" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Reconciliation of all assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) </link:label>
<link:label id="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsTextBlock_1AF128833C01CDDE2FCD8D44C7222A57_label_en-US" xlink:label="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsTextBlock_1AF128833C01CDDE2FCD8D44C7222A57" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Assets and Liabilities Measured on Recurring Basis, Gain (Loss) Included in Earnings [Table Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsTextBlock" xlink:label="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsTextBlock_1AF128833C01CDDE2FCD8D44C7222A57" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsTextBlock_1AF128833C01CDDE2FCD8D44C7222A57" xlink:to="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsTextBlock_1AF128833C01CDDE2FCD8D44C7222A57" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsTextBlock_DA562D62C8CE41EBF9788D44C7223938_verboseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsTextBlock_DA562D62C8CE41EBF9788D44C7223938" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Level 3 Total Realized and Unrealized Gains (Losses) Included in Earnings </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsTextBlock" xlink:label="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsTextBlock_DA562D62C8CE41EBF9788D44C7223938" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsTextBlock_DA562D62C8CE41EBF9788D44C7223938" xlink:to="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsTextBlock_DA562D62C8CE41EBF9788D44C7223938" xlink:type="arc"/>
<link:label id="lab_bac_LevelThreeChangesInUnrealizedGainsLossesRelatingToAssetsAndLiabilitiesStillHeldAtReportingDateTableTextBlock_5BF1E5D2B69C1E7910F18D44C7220569_verboseLabel_en-US" xlink:label="lab_bac_LevelThreeChangesInUnrealizedGainsLossesRelatingToAssetsAndLiabilitiesStillHeldAtReportingDateTableTextBlock_5BF1E5D2B69C1E7910F18D44C7220569" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Level 3 Changes in Unrealized Gains (Losses) Relating to Assets and Liabilities Still Held at Reporting Date </link:label>
<link:label id="lab_bac_LevelThreeChangesInUnrealizedGainsLossesRelatingToAssetsAndLiabilitiesStillHeldAtReportingDateTableTextBlock_5BF1E5D2B69C1E7910F18D44C7220569_label_en-US" xlink:label="lab_bac_LevelThreeChangesInUnrealizedGainsLossesRelatingToAssetsAndLiabilitiesStillHeldAtReportingDateTableTextBlock_5BF1E5D2B69C1E7910F18D44C7220569" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Level Three Changes In Unrealized Gains Losses Relating To Assets And Liabilities Still Held At Reporting Date [Table Text Block] </link:label>
<link:label id="lab_bac_LevelThreeChangesInUnrealizedGainsLossesRelatingToAssetsAndLiabilitiesStillHeldAtReportingDateTableTextBlock_5BF1E5D2B69C1E7910F18D44C7220569_documentation_en-US" xlink:label="lab_bac_LevelThreeChangesInUnrealizedGainsLossesRelatingToAssetsAndLiabilitiesStillHeldAtReportingDateTableTextBlock_5BF1E5D2B69C1E7910F18D44C7220569" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Level 3 Changes in Unrealized Gains (Losses) Relating to Assets and Liabilities Still Held at Reporting Date. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_LevelThreeChangesInUnrealizedGainsLossesRelatingToAssetsAndLiabilitiesStillHeldAtReportingDateTableTextBlock" xlink:label="loc_bac_LevelThreeChangesInUnrealizedGainsLossesRelatingToAssetsAndLiabilitiesStillHeldAtReportingDateTableTextBlock_5BF1E5D2B69C1E7910F18D44C7220569" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_LevelThreeChangesInUnrealizedGainsLossesRelatingToAssetsAndLiabilitiesStillHeldAtReportingDateTableTextBlock_5BF1E5D2B69C1E7910F18D44C7220569" xlink:to="lab_bac_LevelThreeChangesInUnrealizedGainsLossesRelatingToAssetsAndLiabilitiesStillHeldAtReportingDateTableTextBlock_5BF1E5D2B69C1E7910F18D44C7220569" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValueAssetsMeasuredOnNonrecurringBasisTextBlock_3BFA9BDED4A42C38978A8D44C7224169_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssetsMeasuredOnNonrecurringBasisTextBlock_3BFA9BDED4A42C38978A8D44C7224169" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Assets and Liabilities Measured at Fair Value on Nonrecurring Basis </link:label>
<link:label id="lab_us-gaap_FairValueAssetsMeasuredOnNonrecurringBasisTextBlock_3BFA9BDED4A42C38978A8D44C7224169_label_en-US" xlink:label="lab_us-gaap_FairValueAssetsMeasuredOnNonrecurringBasisTextBlock_3BFA9BDED4A42C38978A8D44C7224169" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Assets and Liabilities Measured on Nonrecurring Basis [Table Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnNonrecurringBasisTextBlock" xlink:label="loc_us-gaap_FairValueAssetsMeasuredOnNonrecurringBasisTextBlock_3BFA9BDED4A42C38978A8D44C7224169" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueAssetsMeasuredOnNonrecurringBasisTextBlock_3BFA9BDED4A42C38978A8D44C7224169" xlink:to="lab_us-gaap_FairValueAssetsMeasuredOnNonrecurringBasisTextBlock_3BFA9BDED4A42C38978A8D44C7224169" xlink:type="arc"/>
<link:label id="lab_bac_AccumulatedOtherComprehensiveIncomeTable_9ED6C1C17A16F1AD61783933EEDAEC50_terseLabel_en-US" xlink:label="lab_bac_AccumulatedOtherComprehensiveIncomeTable_9ED6C1C17A16F1AD61783933EEDAEC50" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Accumulated Other Comprehensive Income [Table] </link:label>
<link:label id="lab_bac_AccumulatedOtherComprehensiveIncomeTable_9ED6C1C17A16F1AD61783933EEDAEC50_label_en-US" xlink:label="lab_bac_AccumulatedOtherComprehensiveIncomeTable_9ED6C1C17A16F1AD61783933EEDAEC50" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Accumulated Other Comprehensive Income [Table] </link:label>
<link:label id="lab_bac_AccumulatedOtherComprehensiveIncomeTable_9ED6C1C17A16F1AD61783933EEDAEC50_documentation_en-US" xlink:label="lab_bac_AccumulatedOtherComprehensiveIncomeTable_9ED6C1C17A16F1AD61783933EEDAEC50" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Accumulated Other Comprehensive Income Table. </link:label>
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<link:label id="lab_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_283CB65E8DE3EF32CD793939DAAE862F_verboseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_283CB65E8DE3EF32CD793939DAAE862F" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Net Change in Fair Value Recorded in Accumulated OCI, Securities </link:label>
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<link:label id="lab_bac_NetChangeInFairValueRecordedInAccumulatedOCI_E5DF73DFF87F95E18A353939E029EC60_documentation_en-US" xlink:label="lab_bac_NetChangeInFairValueRecordedInAccumulatedOCI_E5DF73DFF87F95E18A353939E029EC60" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the net-of-tax change in the fair value of available-for-sale debt and marketable equity securities, derivatives, employee benefit plans and foreign currency recorded in accumulated other comprehensive income. </link:label>
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<link:label id="lab_us-gaap_OtherComprehensiveIncomeReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax_FAEDD673333A4DFB56393939E09A5541_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax_FAEDD673333A4DFB56393939E09A5541" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Net Realized (Gains) Losses Reclassified into Earnings, Securities </link:label>
<link:label id="lab_us-gaap_OtherComprehensiveIncomeReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax_FAEDD673333A4DFB56393939E09A5541_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax_FAEDD673333A4DFB56393939E09A5541" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Comprehensive Income (Loss), Reclassification Adjustment for Sale of Securities Included in Net Income, Net of Tax </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_OtherComprehensiveIncomeReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax_FAEDD673333A4DFB56393939E09A5541" xlink:type="locator"/>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_OtherComprehensiveIncomeReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax_8DB07E839190B24A84FD3939E30397AA" xlink:type="locator"/>
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<link:label id="lab_us-gaap_OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlansNetGainLossRecognizedInNetPeriodicBenefitCostNetOfTax_8F5D35A6967F0D0EE3353939E3ABB7A4_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlansNetGainLossRecognizedInNetPeriodicBenefitCostNetOfTax_8F5D35A6967F0D0EE3353939E3ABB7A4" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Net Realized (Gains) Losses Reclassified into Earnings, Employee Benefit Plans </link:label>
<link:label id="lab_us-gaap_OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlansNetGainLossRecognizedInNetPeriodicBenefitCostNetOfTax_8F5D35A6967F0D0EE3353939E3ABB7A4_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlansNetGainLossRecognizedInNetPeriodicBenefitCostNetOfTax_8F5D35A6967F0D0EE3353939E3ABB7A4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Comprehensive Income (Loss), Reclassification, Pension and Other Postretirement Benefit Plans, Net (Gain) Loss Recognized in Net Periodic Benefit Cost, Net of Tax </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlansNetGainLossRecognizedInNetPeriodicBenefitCostNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlansNetGainLossRecognizedInNetPeriodicBenefitCostNetOfTax_8F5D35A6967F0D0EE3353939E3ABB7A4" xlink:type="locator"/>
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<link:label id="lab_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationReclassificationAdjustmentRealizedUponSaleOrLiquidationNetOfTax_6CBA64EC356548D2657F3939E474E6F1_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationReclassificationAdjustmentRealizedUponSaleOrLiquidationNetOfTax_6CBA64EC356548D2657F3939E474E6F1" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Net Realized (Gains) Losses Reclassified into Earnings, Foreign Currency </link:label>
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<link:label id="lab_bac_NetRealizedGainsLossesReclassifiedIntoEarnings_2D0466E6B9E4000187763939E529EF8C_negatedTerseLabel_en-US" xlink:label="lab_bac_NetRealizedGainsLossesReclassifiedIntoEarnings_2D0466E6B9E4000187763939E529EF8C" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Net Realized Gains Losses Reclassified Into Earnings, Total </link:label>
<link:label id="lab_bac_NetRealizedGainsLossesReclassifiedIntoEarnings_2D0466E6B9E4000187763939E529EF8C_label_en-US" xlink:label="lab_bac_NetRealizedGainsLossesReclassifiedIntoEarnings_2D0466E6B9E4000187763939E529EF8C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Net Realized Gains Losses Reclassified Into Earnings </link:label>
<link:label id="lab_bac_NetRealizedGainsLossesReclassifiedIntoEarnings_2D0466E6B9E4000187763939E529EF8C_documentation_en-US" xlink:label="lab_bac_NetRealizedGainsLossesReclassifiedIntoEarnings_2D0466E6B9E4000187763939E529EF8C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents any net realized gains or losses on available-for-sale debt and marketable equity securities, derivatives, employee benefit plans and foreign currency reclassified into earnings. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_NetRealizedGainsLossesReclassifiedIntoEarnings" xlink:label="loc_bac_NetRealizedGainsLossesReclassifiedIntoEarnings_2D0466E6B9E4000187763939E529EF8C" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax_7E96268298C8B9A3586739E18DD1AF83_periodEndLabel_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax_7E96268298C8B9A3586739E18DD1AF83" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US"> Ending Balance, Securities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax_7E96268298C8B9A3586739E18DD1AF83" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax_D4A3A17D3EC30EAF762939E20FEE6107_periodEndLabel_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax_D4A3A17D3EC30EAF762939E20FEE6107" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US"> Ending Balance, Derivatives </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax_D4A3A17D3EC30EAF762939E20FEE6107" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax_C9597D329ED9FF40D56D39E28994BD6A_periodEndLabel_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax_C9597D329ED9FF40D56D39E28994BD6A" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US"> Ending Balance, Employee Benefit Plans </link:label>
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<link:label id="lab_us-gaap_FairValueOptionTextBlock_084F278251D4EC57837857FCF72F4067_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueOptionTextBlock_084F278251D4EC57837857FCF72F4067" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, Option [Text Block] </link:label>
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<link:label id="lab_bac_LiabilityForRepresentationsWarrantiesAndGuaranteesRollForward_324112E5BA1B3E0A1907D2CC16082A76_label_en-US" xlink:label="lab_bac_LiabilityForRepresentationsWarrantiesAndGuaranteesRollForward_324112E5BA1B3E0A1907D2CC16082A76" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Liability For Representations Warranties And Guarantees [Roll Forward] </link:label>
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<link:label id="lab_bac_LiabilityForRepresentationsAndWarrantiesAndCorporateGuarantees_ED5CEE7E366420CF0B10D259450E4D20_periodStartLabel_en-US" xlink:label="lab_bac_LiabilityForRepresentationsAndWarrantiesAndCorporateGuarantees_ED5CEE7E366420CF0B10D259450E4D20" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US"> Liability for representations and warranties and corporate guarantees, beginning of year </link:label>
<link:label id="lab_bac_LiabilityForRepresentationsAndWarrantiesAndCorporateGuarantees_ED5CEE7E366420CF0B10D259450E4D20_label_en-US" xlink:label="lab_bac_LiabilityForRepresentationsAndWarrantiesAndCorporateGuarantees_ED5CEE7E366420CF0B10D259450E4D20" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Liability For Representations And Warranties And Corporate Guarantees </link:label>
<link:label id="lab_bac_LiabilityForRepresentationsAndWarrantiesAndCorporateGuarantees_ED5CEE7E366420CF0B10D259450E4D20_documentation_en-US" xlink:label="lab_bac_LiabilityForRepresentationsAndWarrantiesAndCorporateGuarantees_ED5CEE7E366420CF0B10D259450E4D20" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the amount of the liability for representations and warranties, and corporate guarantees, which has been established primarily for the third party buyers, and for FNMA and FHLMC. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_LiabilityForRepresentationsAndWarrantiesAndCorporateGuarantees" xlink:label="loc_bac_LiabilityForRepresentationsAndWarrantiesAndCorporateGuarantees_ED5CEE7E366420CF0B10D259450E4D20" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_LiabilityForRepresentationsAndWarrantiesAndCorporateGuarantees_ED5CEE7E366420CF0B10D259450E4D20" xlink:to="lab_bac_LiabilityForRepresentationsAndWarrantiesAndCorporateGuarantees_ED5CEE7E366420CF0B10D259450E4D20" xlink:type="arc"/>
<link:label id="lab_bac_RepresentationsWarrantiesAndCorporateGuaranteesAdditionsForNewSales_A81B6FC2DFF301745FFED25C868181D4_terseLabel_en-US" xlink:label="lab_bac_RepresentationsWarrantiesAndCorporateGuaranteesAdditionsForNewSales_A81B6FC2DFF301745FFED25C868181D4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Additions for new sales </link:label>
<link:label id="lab_bac_RepresentationsWarrantiesAndCorporateGuaranteesAdditionsForNewSales_A81B6FC2DFF301745FFED25C868181D4_label_en-US" xlink:label="lab_bac_RepresentationsWarrantiesAndCorporateGuaranteesAdditionsForNewSales_A81B6FC2DFF301745FFED25C868181D4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Representations Warranties And Corporate Guarantees Additions For New Sales </link:label>
<link:label id="lab_bac_RepresentationsWarrantiesAndCorporateGuaranteesAdditionsForNewSales_A81B6FC2DFF301745FFED25C868181D4_documentation_en-US" xlink:label="lab_bac_RepresentationsWarrantiesAndCorporateGuaranteesAdditionsForNewSales_A81B6FC2DFF301745FFED25C868181D4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> The amount represents the increase in liability for representations and warranties related to new sales based on an assessment of the likelihood of a request being received and approved for repurchase/indemnification. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_RepresentationsWarrantiesAndCorporateGuaranteesAdditionsForNewSales" xlink:label="loc_bac_RepresentationsWarrantiesAndCorporateGuaranteesAdditionsForNewSales_A81B6FC2DFF301745FFED25C868181D4" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_RepresentationsWarrantiesAndCorporateGuaranteesAdditionsForNewSales_A81B6FC2DFF301745FFED25C868181D4" xlink:to="lab_bac_RepresentationsWarrantiesAndCorporateGuaranteesAdditionsForNewSales_A81B6FC2DFF301745FFED25C868181D4" xlink:type="arc"/>
<link:label id="lab_bac_RepresentationsWarrantiesAndCorporateGuaranteesChargeOffs_2EC4F004A1CC5E3F1D93D25E49E0A305_negatedTerseLabel_en-US" xlink:label="lab_bac_RepresentationsWarrantiesAndCorporateGuaranteesChargeOffs_2EC4F004A1CC5E3F1D93D25E49E0A305" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Charge-offs </link:label>
<link:label id="lab_bac_RepresentationsWarrantiesAndCorporateGuaranteesChargeOffs_2EC4F004A1CC5E3F1D93D25E49E0A305_label_en-US" xlink:label="lab_bac_RepresentationsWarrantiesAndCorporateGuaranteesChargeOffs_2EC4F004A1CC5E3F1D93D25E49E0A305" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Representations Warranties And Corporate Guarantees Charge Offs </link:label>
<link:label id="lab_bac_RepresentationsWarrantiesAndCorporateGuaranteesChargeOffs_2EC4F004A1CC5E3F1D93D25E49E0A305_documentation_en-US" xlink:label="lab_bac_RepresentationsWarrantiesAndCorporateGuaranteesChargeOffs_2EC4F004A1CC5E3F1D93D25E49E0A305" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> The charge-offs represent the loss recorded upon completion of processing approved repurchase/indemnification where the Corporation has agreed to repurchase the loan and/or indemnify the investor. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_RepresentationsWarrantiesAndCorporateGuaranteesChargeOffs" xlink:label="loc_bac_RepresentationsWarrantiesAndCorporateGuaranteesChargeOffs_2EC4F004A1CC5E3F1D93D25E49E0A305" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_RepresentationsWarrantiesAndCorporateGuaranteesChargeOffs_2EC4F004A1CC5E3F1D93D25E49E0A305" xlink:to="lab_bac_RepresentationsWarrantiesAndCorporateGuaranteesChargeOffs_2EC4F004A1CC5E3F1D93D25E49E0A305" xlink:type="arc"/>
<link:label id="lab_bac_RepresentationsWarrantiesAndCorporateGuaranteesOther_26992ED15AC3E88F5015D261A64F4AE5_terseLabel_en-US" xlink:label="lab_bac_RepresentationsWarrantiesAndCorporateGuaranteesOther_26992ED15AC3E88F5015D261A64F4AE5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other Liability </link:label>
<link:label id="lab_bac_RepresentationsWarrantiesAndCorporateGuaranteesOther_26992ED15AC3E88F5015D261A64F4AE5_label_en-US" xlink:label="lab_bac_RepresentationsWarrantiesAndCorporateGuaranteesOther_26992ED15AC3E88F5015D261A64F4AE5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Representations Warranties And Corporate Guarantees Other </link:label>
<link:label id="lab_bac_RepresentationsWarrantiesAndCorporateGuaranteesOther_26992ED15AC3E88F5015D261A64F4AE5_documentation_en-US" xlink:label="lab_bac_RepresentationsWarrantiesAndCorporateGuaranteesOther_26992ED15AC3E88F5015D261A64F4AE5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the amount of the liability for representations and warranties, and corporate guarantees, which has been established for other buyers. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_RepresentationsWarrantiesAndCorporateGuaranteesOther" xlink:label="loc_bac_RepresentationsWarrantiesAndCorporateGuaranteesOther_26992ED15AC3E88F5015D261A64F4AE5" xlink:type="locator"/>
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<link:label id="lab_bac_LiabilityForRepresentationsAndWarrantiesAndCorporateGuarantees_6E6AC3D8C7B3AD41D54ED262B3254FC8_periodEndLabel_en-US" xlink:label="lab_bac_LiabilityForRepresentationsAndWarrantiesAndCorporateGuarantees_6E6AC3D8C7B3AD41D54ED262B3254FC8" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US"> Liability for representations and warranties and corporate guarantees, December 31 </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_LiabilityForRepresentationsAndWarrantiesAndCorporateGuarantees" xlink:label="loc_bac_LiabilityForRepresentationsAndWarrantiesAndCorporateGuarantees_6E6AC3D8C7B3AD41D54ED262B3254FC8" xlink:type="locator"/>
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<link:label id="lab_us-gaap_IncomeStatementAbstract_B3F2F10D2F18BC365FC8EADDB1D0E48D_label_en-US" xlink:label="lab_us-gaap_IncomeStatementAbstract_B3F2F10D2F18BC365FC8EADDB1D0E48D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Income Statement [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_IncomeStatementAbstract" xlink:label="loc_us-gaap_IncomeStatementAbstract_B3F2F10D2F18BC365FC8EADDB1D0E48D" xlink:type="locator"/>
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<link:label id="lab_us-gaap_InterestAndDividendIncomeOperatingAbstract_24CF1D3E92C82EEEF2325E16EB0134DA_terseLabel_en-US" xlink:label="lab_us-gaap_InterestAndDividendIncomeOperatingAbstract_24CF1D3E92C82EEEF2325E16EB0134DA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Interest income </link:label>
<link:label id="lab_us-gaap_InterestAndDividendIncomeOperatingAbstract_24CF1D3E92C82EEEF2325E16EB0134DA_label_en-US" xlink:label="lab_us-gaap_InterestAndDividendIncomeOperatingAbstract_24CF1D3E92C82EEEF2325E16EB0134DA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest and Dividend Income, Operating [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_InterestAndDividendIncomeOperatingAbstract" xlink:label="loc_us-gaap_InterestAndDividendIncomeOperatingAbstract_24CF1D3E92C82EEEF2325E16EB0134DA" xlink:type="locator"/>
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<link:label id="lab_us-gaap_InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio_87599726C3CDD7D2032E5DF771885D19_terseLabel_en-US" xlink:label="lab_us-gaap_InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio_87599726C3CDD7D2032E5DF771885D19" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loans and leases </link:label>
<link:label id="lab_us-gaap_InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio_87599726C3CDD7D2032E5DF771885D19_label_en-US" xlink:label="lab_us-gaap_InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio_87599726C3CDD7D2032E5DF771885D19" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest and Fee Income, Loans and Leases Held-in-portfolio </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio" xlink:label="loc_us-gaap_InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio_87599726C3CDD7D2032E5DF771885D19" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio_87599726C3CDD7D2032E5DF771885D19" xlink:to="lab_us-gaap_InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio_87599726C3CDD7D2032E5DF771885D19" xlink:type="arc"/>
<link:label id="lab_bac_InterestIncomeDebtSecurities_E808A455A2E5D1F3178E5DFC77D641EB_terseLabel_en-US" xlink:label="lab_bac_InterestIncomeDebtSecurities_E808A455A2E5D1F3178E5DFC77D641EB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Debt securities </link:label>
<link:label id="lab_bac_InterestIncomeDebtSecurities_E808A455A2E5D1F3178E5DFC77D641EB_label_en-US" xlink:label="lab_bac_InterestIncomeDebtSecurities_E808A455A2E5D1F3178E5DFC77D641EB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Income Debt Securities </link:label>
<link:label id="lab_bac_InterestIncomeDebtSecurities_E808A455A2E5D1F3178E5DFC77D641EB_documentation_en-US" xlink:label="lab_bac_InterestIncomeDebtSecurities_E808A455A2E5D1F3178E5DFC77D641EB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Interest income on debt securities including: (1) available-for-sale debt securities including (a) interest earned on the securities and (b) amortization and accretion (as applicable) of discounts and premiums, if any, and (2) debt securities which the Entity has positive intent and ability to hold for the foreseeable future or until maturity ("held-to-maturity debt securities") consisting of: (a) interest earned on the securities and (b) amortization and accretion (as applicable) of discounts and premiums, if any. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_InterestIncomeDebtSecurities" xlink:label="loc_bac_InterestIncomeDebtSecurities_E808A455A2E5D1F3178E5DFC77D641EB" xlink:type="locator"/>
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<link:label id="lab_us-gaap_InterestIncomeFederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResell_5B2781CFB905BED7D42D5DFDAF4AF6E7_terseLabel_en-US" xlink:label="lab_us-gaap_InterestIncomeFederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResell_5B2781CFB905BED7D42D5DFDAF4AF6E7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Federal funds sold and securities borrowed or purchased under agreements to resell </link:label>
<link:label id="lab_us-gaap_InterestIncomeFederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResell_5B2781CFB905BED7D42D5DFDAF4AF6E7_label_en-US" xlink:label="lab_us-gaap_InterestIncomeFederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResell_5B2781CFB905BED7D42D5DFDAF4AF6E7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Income, Federal Funds Sold and Securities Purchased under Agreements to Resell </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_InterestIncomeFederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResell" xlink:label="loc_us-gaap_InterestIncomeFederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResell_5B2781CFB905BED7D42D5DFDAF4AF6E7" xlink:type="locator"/>
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<link:label id="lab_us-gaap_InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue_6530647EC0766E1FEAD25DFFEE056E58_terseLabel_en-US" xlink:label="lab_us-gaap_InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue_6530647EC0766E1FEAD25DFFEE056E58" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Trading account assets </link:label>
<link:label id="lab_us-gaap_InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue_6530647EC0766E1FEAD25DFFEE056E58_label_en-US" xlink:label="lab_us-gaap_InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue_6530647EC0766E1FEAD25DFFEE056E58" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest and Dividend Income, Securities, Trading or Measured at Fair Value </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue" xlink:label="loc_us-gaap_InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue_6530647EC0766E1FEAD25DFFEE056E58" xlink:type="locator"/>
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<link:label id="lab_us-gaap_OtherInterestAndDividendIncome_1D3F6FC55FA9033BE9875E004D232F03_terseLabel_en-US" xlink:label="lab_us-gaap_OtherInterestAndDividendIncome_1D3F6FC55FA9033BE9875E004D232F03" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other interest income </link:label>
<link:label id="lab_us-gaap_OtherInterestAndDividendIncome_1D3F6FC55FA9033BE9875E004D232F03_label_en-US" xlink:label="lab_us-gaap_OtherInterestAndDividendIncome_1D3F6FC55FA9033BE9875E004D232F03" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Interest and Dividend Income </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_OtherInterestAndDividendIncome" xlink:label="loc_us-gaap_OtherInterestAndDividendIncome_1D3F6FC55FA9033BE9875E004D232F03" xlink:type="locator"/>
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<link:label id="lab_us-gaap_InterestAndDividendIncomeOperating_1E145200BBBC5B4C50975E008B0DCBDE_totalLabel_en-US" xlink:label="lab_us-gaap_InterestAndDividendIncomeOperating_1E145200BBBC5B4C50975E008B0DCBDE" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total interest income </link:label>
<link:label id="lab_us-gaap_InterestAndDividendIncomeOperating_1E145200BBBC5B4C50975E008B0DCBDE_label_en-US" xlink:label="lab_us-gaap_InterestAndDividendIncomeOperating_1E145200BBBC5B4C50975E008B0DCBDE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest and Dividend Income, Operating </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_InterestAndDividendIncomeOperating" xlink:label="loc_us-gaap_InterestAndDividendIncomeOperating_1E145200BBBC5B4C50975E008B0DCBDE" xlink:type="locator"/>
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<link:label id="lab_us-gaap_InterestExpenseAbstract_8D83CB98EFFA5F7927BE5E1750930D9C_terseLabel_en-US" xlink:label="lab_us-gaap_InterestExpenseAbstract_8D83CB98EFFA5F7927BE5E1750930D9C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Interest expense </link:label>
<link:label id="lab_us-gaap_InterestExpenseAbstract_8D83CB98EFFA5F7927BE5E1750930D9C_label_en-US" xlink:label="lab_us-gaap_InterestExpenseAbstract_8D83CB98EFFA5F7927BE5E1750930D9C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Expense [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_InterestExpenseAbstract" xlink:label="loc_us-gaap_InterestExpenseAbstract_8D83CB98EFFA5F7927BE5E1750930D9C" xlink:type="locator"/>
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<link:label id="lab_us-gaap_InterestExpenseDeposits_B67BB0F09582AA39BC375E00CA32342C_terseLabel_en-US" xlink:label="lab_us-gaap_InterestExpenseDeposits_B67BB0F09582AA39BC375E00CA32342C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Deposits </link:label>
<link:label id="lab_us-gaap_InterestExpenseDeposits_B67BB0F09582AA39BC375E00CA32342C_label_en-US" xlink:label="lab_us-gaap_InterestExpenseDeposits_B67BB0F09582AA39BC375E00CA32342C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Expense, Deposits </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_InterestExpenseDeposits" xlink:label="loc_us-gaap_InterestExpenseDeposits_B67BB0F09582AA39BC375E00CA32342C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestExpenseDeposits_B67BB0F09582AA39BC375E00CA32342C" xlink:to="lab_us-gaap_InterestExpenseDeposits_B67BB0F09582AA39BC375E00CA32342C" xlink:type="arc"/>
<link:label id="lab_us-gaap_InterestExpenseShortTermBorrowings_7B154BC637BF5C491AC95E01035860C8_terseLabel_en-US" xlink:label="lab_us-gaap_InterestExpenseShortTermBorrowings_7B154BC637BF5C491AC95E01035860C8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Short-term borrowings </link:label>
<link:label id="lab_us-gaap_InterestExpenseShortTermBorrowings_7B154BC637BF5C491AC95E01035860C8_label_en-US" xlink:label="lab_us-gaap_InterestExpenseShortTermBorrowings_7B154BC637BF5C491AC95E01035860C8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Expense, Short-term Borrowings </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_InterestExpenseShortTermBorrowings" xlink:label="loc_us-gaap_InterestExpenseShortTermBorrowings_7B154BC637BF5C491AC95E01035860C8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestExpenseShortTermBorrowings_7B154BC637BF5C491AC95E01035860C8" xlink:to="lab_us-gaap_InterestExpenseShortTermBorrowings_7B154BC637BF5C491AC95E01035860C8" xlink:type="arc"/>
<link:label id="lab_us-gaap_InterestExpenseTradingLiabilities_134E4B598220A87CF4955E018E2AD041_terseLabel_en-US" xlink:label="lab_us-gaap_InterestExpenseTradingLiabilities_134E4B598220A87CF4955E018E2AD041" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Trading account liabilities </link:label>
<link:label id="lab_us-gaap_InterestExpenseTradingLiabilities_134E4B598220A87CF4955E018E2AD041_label_en-US" xlink:label="lab_us-gaap_InterestExpenseTradingLiabilities_134E4B598220A87CF4955E018E2AD041" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Expense, Trading Liabilities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_InterestExpenseTradingLiabilities" xlink:label="loc_us-gaap_InterestExpenseTradingLiabilities_134E4B598220A87CF4955E018E2AD041" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestExpenseTradingLiabilities_134E4B598220A87CF4955E018E2AD041" xlink:to="lab_us-gaap_InterestExpenseTradingLiabilities_134E4B598220A87CF4955E018E2AD041" xlink:type="arc"/>
<link:label id="lab_us-gaap_InterestExpenseLongTermDebt_067458D67A4A82527B455E01C98E5C40_terseLabel_en-US" xlink:label="lab_us-gaap_InterestExpenseLongTermDebt_067458D67A4A82527B455E01C98E5C40" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Long-term debt </link:label>
<link:label id="lab_us-gaap_InterestExpenseLongTermDebt_067458D67A4A82527B455E01C98E5C40_label_en-US" xlink:label="lab_us-gaap_InterestExpenseLongTermDebt_067458D67A4A82527B455E01C98E5C40" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Expense, Long-term Debt </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_InterestExpenseLongTermDebt" xlink:label="loc_us-gaap_InterestExpenseLongTermDebt_067458D67A4A82527B455E01C98E5C40" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestExpenseLongTermDebt_067458D67A4A82527B455E01C98E5C40" xlink:to="lab_us-gaap_InterestExpenseLongTermDebt_067458D67A4A82527B455E01C98E5C40" xlink:type="arc"/>
<link:label id="lab_us-gaap_InterestExpense_5C4D75963537B5A9D5375E027E578A95_totalLabel_en-US" xlink:label="lab_us-gaap_InterestExpense_5C4D75963537B5A9D5375E027E578A95" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total interest expense </link:label>
<link:label id="lab_us-gaap_InterestExpense_5C4D75963537B5A9D5375E027E578A95_label_en-US" xlink:label="lab_us-gaap_InterestExpense_5C4D75963537B5A9D5375E027E578A95" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Expense </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_InterestExpense" xlink:label="loc_us-gaap_InterestExpense_5C4D75963537B5A9D5375E027E578A95" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestExpense_5C4D75963537B5A9D5375E027E578A95" xlink:to="lab_us-gaap_InterestExpense_5C4D75963537B5A9D5375E027E578A95" xlink:type="arc"/>
<link:label id="lab_us-gaap_InterestIncomeExpenseNet_D892BCA1DDA73F05E6A15E0309061545_totalLabel_en-US" xlink:label="lab_us-gaap_InterestIncomeExpenseNet_D892BCA1DDA73F05E6A15E0309061545" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Net interest income </link:label>
<link:label id="lab_us-gaap_InterestIncomeExpenseNet_D892BCA1DDA73F05E6A15E0309061545_label_en-US" xlink:label="lab_us-gaap_InterestIncomeExpenseNet_D892BCA1DDA73F05E6A15E0309061545" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Income (Expense), Net </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_InterestIncomeExpenseNet" xlink:label="loc_us-gaap_InterestIncomeExpenseNet_D892BCA1DDA73F05E6A15E0309061545" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestIncomeExpenseNet_D892BCA1DDA73F05E6A15E0309061545" xlink:to="lab_us-gaap_InterestIncomeExpenseNet_D892BCA1DDA73F05E6A15E0309061545" xlink:type="arc"/>
<link:label id="lab_us-gaap_NoninterestIncomeAbstract_32DB5AB06B6767188DC65E185CAD9412_terseLabel_en-US" xlink:label="lab_us-gaap_NoninterestIncomeAbstract_32DB5AB06B6767188DC65E185CAD9412" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Noninterest income </link:label>
<link:label id="lab_us-gaap_NoninterestIncomeAbstract_32DB5AB06B6767188DC65E185CAD9412_label_en-US" xlink:label="lab_us-gaap_NoninterestIncomeAbstract_32DB5AB06B6767188DC65E185CAD9412" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Noninterest Income [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_NoninterestIncomeAbstract" xlink:label="loc_us-gaap_NoninterestIncomeAbstract_32DB5AB06B6767188DC65E185CAD9412" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NoninterestIncomeAbstract_32DB5AB06B6767188DC65E185CAD9412" xlink:to="lab_us-gaap_NoninterestIncomeAbstract_32DB5AB06B6767188DC65E185CAD9412" xlink:type="arc"/>
<link:label id="lab_bac_FeesAndCommissionsCreditAndDebitCards_5A740E7F3501063F2E0B5E0576B88751_terseLabel_en-US" xlink:label="lab_bac_FeesAndCommissionsCreditAndDebitCards_5A740E7F3501063F2E0B5E0576B88751" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Card income </link:label>
<link:label id="lab_bac_FeesAndCommissionsCreditAndDebitCards_5A740E7F3501063F2E0B5E0576B88751_label_en-US" xlink:label="lab_bac_FeesAndCommissionsCreditAndDebitCards_5A740E7F3501063F2E0B5E0576B88751" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fees And Commissions Credit And Debit Cards </link:label>
<link:label id="lab_bac_FeesAndCommissionsCreditAndDebitCards_5A740E7F3501063F2E0B5E0576B88751_documentation_en-US" xlink:label="lab_bac_FeesAndCommissionsCreditAndDebitCards_5A740E7F3501063F2E0B5E0576B88751" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Income earned from credit and debit card services including late, over limit, and annual fees. This item excludes interest income earned on credit card balances and transactions. Also includes income from servicing credit card loans held by others including changes in the fair value of the interest-only strip receivable. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_FeesAndCommissionsCreditAndDebitCards" xlink:label="loc_bac_FeesAndCommissionsCreditAndDebitCards_5A740E7F3501063F2E0B5E0576B88751" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FeesAndCommissionsDepositorAccounts_53780F89D31DCDDD183A5E0655EABF82_terseLabel_en-US" xlink:label="lab_us-gaap_FeesAndCommissionsDepositorAccounts_53780F89D31DCDDD183A5E0655EABF82" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Service charges </link:label>
<link:label id="lab_us-gaap_FeesAndCommissionsDepositorAccounts_53780F89D31DCDDD183A5E0655EABF82_label_en-US" xlink:label="lab_us-gaap_FeesAndCommissionsDepositorAccounts_53780F89D31DCDDD183A5E0655EABF82" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fees and Commissions, Depositor Accounts </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FeesAndCommissionsDepositorAccounts" xlink:label="loc_us-gaap_FeesAndCommissionsDepositorAccounts_53780F89D31DCDDD183A5E0655EABF82" xlink:type="locator"/>
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<link:label id="lab_bac_BrokerageCommissionsAndAssetManagementFeesRevenue_033DA3720F6F67CFFA085E07F440A032_terseLabel_en-US" xlink:label="lab_bac_BrokerageCommissionsAndAssetManagementFeesRevenue_033DA3720F6F67CFFA085E07F440A032" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Investment and brokerage services </link:label>
<link:label id="lab_bac_BrokerageCommissionsAndAssetManagementFeesRevenue_033DA3720F6F67CFFA085E07F440A032_label_en-US" xlink:label="lab_bac_BrokerageCommissionsAndAssetManagementFeesRevenue_033DA3720F6F67CFFA085E07F440A032" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Brokerage Commissions And Asset Management Fees Revenue </link:label>
<link:label id="lab_bac_BrokerageCommissionsAndAssetManagementFeesRevenue_033DA3720F6F67CFFA085E07F440A032_documentation_en-US" xlink:label="lab_bac_BrokerageCommissionsAndAssetManagementFeesRevenue_033DA3720F6F67CFFA085E07F440A032" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Revenue recognized in the period for (1) performance (incentive) fees based on the investment results achieved for management of certain institutional accounts and hedge funds, (2) schedule-based fees earned for management of mutual funds and closed-end funds, based either on average daily net assets or on a combination of the average daily net assets and gross income, and (3) other investment management and advisory fees. In addition, includes fees for acting as an agent, a broker-dealer may buy and sell securities on behalf of its customers. In return for such services, the broker-dealer charges a commission. Each time a customer enters into a buy or sell transaction, a commission is earned by the broker-dealer for its selling and administrative efforts. For securities purchased, the commission is recorded as a receivable from customers; for securities sold, it is recorded as reductions in the payable to customers. Commissions earned are usually related to the broker-dealer's customers' trading volume and the dollar amounts of the trades. In general, commissions are for smaller trades of exchange-listed stocks and bonds made by retail customers. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_BrokerageCommissionsAndAssetManagementFeesRevenue" xlink:label="loc_bac_BrokerageCommissionsAndAssetManagementFeesRevenue_033DA3720F6F67CFFA085E07F440A032" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_BrokerageCommissionsAndAssetManagementFeesRevenue_033DA3720F6F67CFFA085E07F440A032" xlink:to="lab_bac_BrokerageCommissionsAndAssetManagementFeesRevenue_033DA3720F6F67CFFA085E07F440A032" xlink:type="arc"/>
<link:label id="lab_bac_InvestmentBankingAndUnderwritingRevenue_FBC3BFDB3A8D8ECCA8165E0932DEADB3_terseLabel_en-US" xlink:label="lab_bac_InvestmentBankingAndUnderwritingRevenue_FBC3BFDB3A8D8ECCA8165E0932DEADB3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Investment banking income </link:label>
<link:label id="lab_bac_InvestmentBankingAndUnderwritingRevenue_FBC3BFDB3A8D8ECCA8165E0932DEADB3_label_en-US" xlink:label="lab_bac_InvestmentBankingAndUnderwritingRevenue_FBC3BFDB3A8D8ECCA8165E0932DEADB3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Investment Banking And Underwriting Revenue </link:label>
<link:label id="lab_bac_InvestmentBankingAndUnderwritingRevenue_FBC3BFDB3A8D8ECCA8165E0932DEADB3_documentation_en-US" xlink:label="lab_bac_InvestmentBankingAndUnderwritingRevenue_FBC3BFDB3A8D8ECCA8165E0932DEADB3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Includes (1) underwriting revenue (the spread between the resale price received and the cost of the securities and related expenses) generated through the purchasing, distributing and reselling of new issues of securities (alternatively, could be a secondary offering of a large block of previously issued securities); and (2) fees earned for mergers, acquisitions, divestitures, restructurings, and other types of financial advisory services. A broker-dealer may underwrite a security offering by contracting to buy the issue either at a fixed price or a price based on selling the offering on a best-effort basis. The difference between the price paid by the public and the contract price less the related expenses represents the underwriting income or loss. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_InvestmentBankingAndUnderwritingRevenue" xlink:label="loc_bac_InvestmentBankingAndUnderwritingRevenue_FBC3BFDB3A8D8ECCA8165E0932DEADB3" xlink:type="locator"/>
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<link:label id="lab_bac_EquityInvestmentGainsLosses_33AA4DA117CE02288C365E0C2A4F2101_terseLabel_en-US" xlink:label="lab_bac_EquityInvestmentGainsLosses_33AA4DA117CE02288C365E0C2A4F2101" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Equity investment income </link:label>
<link:label id="lab_bac_EquityInvestmentGainsLosses_33AA4DA117CE02288C365E0C2A4F2101_label_en-US" xlink:label="lab_bac_EquityInvestmentGainsLosses_33AA4DA117CE02288C365E0C2A4F2101" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Equity Investment Gains Losses </link:label>
<link:label id="lab_bac_EquityInvestmentGainsLosses_33AA4DA117CE02288C365E0C2A4F2101_documentation_en-US" xlink:label="lab_bac_EquityInvestmentGainsLosses_33AA4DA117CE02288C365E0C2A4F2101" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> The revenue derived from principal investments made by the financial institution. These investments can include (but are not limited to) investments in private equity, alternative investment products, real estate, exchanges and memberships. Principal Investment gains or losses includes realized and unrealized investment gains or losses. In addition, includes revenue derived from corporate, strategic and other investments made by the financial institution. These investments can include (but are not limited to) investments in publicly-traded debt and equity securities and funds or strategic ownership investments. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_EquityInvestmentGainsLosses" xlink:label="loc_bac_EquityInvestmentGainsLosses_33AA4DA117CE02288C365E0C2A4F2101" xlink:type="locator"/>
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<link:label id="lab_us-gaap_TradingGainsLosses_1EC10CC596A212590D7F5E0D1AE6EB2D_terseLabel_en-US" xlink:label="lab_us-gaap_TradingGainsLosses_1EC10CC596A212590D7F5E0D1AE6EB2D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Trading account profits </link:label>
<link:label id="lab_us-gaap_TradingGainsLosses_1EC10CC596A212590D7F5E0D1AE6EB2D_label_en-US" xlink:label="lab_us-gaap_TradingGainsLosses_1EC10CC596A212590D7F5E0D1AE6EB2D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Trading Gains (Losses) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_TradingGainsLosses" xlink:label="loc_us-gaap_TradingGainsLosses_1EC10CC596A212590D7F5E0D1AE6EB2D" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FeesAndCommissionsMortgageBanking_A6F0A3A80D8563E137A55E0D8D824F0D_terseLabel_en-US" xlink:label="lab_us-gaap_FeesAndCommissionsMortgageBanking_A6F0A3A80D8563E137A55E0D8D824F0D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Mortgage banking income (loss) </link:label>
<link:label id="lab_us-gaap_FeesAndCommissionsMortgageBanking_A6F0A3A80D8563E137A55E0D8D824F0D_label_en-US" xlink:label="lab_us-gaap_FeesAndCommissionsMortgageBanking_A6F0A3A80D8563E137A55E0D8D824F0D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fees and Commissions, Mortgage Banking </link:label>
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<link:label id="lab_us-gaap_InformationTechnologyAndDataProcessing_70D3BA3FBE7AA4EFDF315E295C51341F_terseLabel_en-US" xlink:label="lab_us-gaap_InformationTechnologyAndDataProcessing_70D3BA3FBE7AA4EFDF315E295C51341F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Data processing </link:label>
<link:label id="lab_us-gaap_InformationTechnologyAndDataProcessing_70D3BA3FBE7AA4EFDF315E295C51341F_label_en-US" xlink:label="lab_us-gaap_InformationTechnologyAndDataProcessing_70D3BA3FBE7AA4EFDF315E295C51341F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Information Technology and Data Processing </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_InformationTechnologyAndDataProcessing" xlink:label="loc_us-gaap_InformationTechnologyAndDataProcessing_70D3BA3FBE7AA4EFDF315E295C51341F" xlink:type="locator"/>
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<link:label id="lab_us-gaap_Communication_D8D170A5F36F0181D5585E299A7E3DC2_terseLabel_en-US" xlink:label="lab_us-gaap_Communication_D8D170A5F36F0181D5585E299A7E3DC2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Telecommunications </link:label>
<link:label id="lab_us-gaap_Communication_D8D170A5F36F0181D5585E299A7E3DC2_label_en-US" xlink:label="lab_us-gaap_Communication_D8D170A5F36F0181D5585E299A7E3DC2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Communication </link:label>
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<link:label id="lab_us-gaap_OtherNoninterestExpense_B2D89AF2A1658ADD0FC95E2A00727F55_terseLabel_en-US" xlink:label="lab_us-gaap_OtherNoninterestExpense_B2D89AF2A1658ADD0FC95E2A00727F55" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other general operating </link:label>
<link:label id="lab_us-gaap_OtherNoninterestExpense_B2D89AF2A1658ADD0FC95E2A00727F55_label_en-US" xlink:label="lab_us-gaap_OtherNoninterestExpense_B2D89AF2A1658ADD0FC95E2A00727F55" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Noninterest Expense </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_OtherNoninterestExpense" xlink:label="loc_us-gaap_OtherNoninterestExpense_B2D89AF2A1658ADD0FC95E2A00727F55" xlink:type="locator"/>
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<link:label id="lab_bac_MergerAndRestructuringCharges_7BB27A76F8A411D814595DE8D3BFFFD4_terseLabel_en-US" xlink:label="lab_bac_MergerAndRestructuringCharges_7BB27A76F8A411D814595DE8D3BFFFD4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Merger and restructuring charges </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_MergerAndRestructuringCharges" xlink:label="loc_bac_MergerAndRestructuringCharges_7BB27A76F8A411D814595DE8D3BFFFD4" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_MergerAndRestructuringCharges_7BB27A76F8A411D814595DE8D3BFFFD4" xlink:to="lab_bac_MergerAndRestructuringCharges_7BB27A76F8A411D814595DE8D3BFFFD4" xlink:type="arc"/>
<link:label id="lab_us-gaap_NoninterestExpense_8385601DD9DD7408C1FC5E2B2BFCBEAA_totalLabel_en-US" xlink:label="lab_us-gaap_NoninterestExpense_8385601DD9DD7408C1FC5E2B2BFCBEAA" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total noninterest expense </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_NoninterestExpense" xlink:label="loc_us-gaap_NoninterestExpense_8385601DD9DD7408C1FC5E2B2BFCBEAA" xlink:type="locator"/>
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<link:label id="lab_us-gaap_IncomeTaxExpenseBenefit_E3589D8443AA33E2BFF55E2CFB7E1C52_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxExpenseBenefit_E3589D8443AA33E2BFF55E2CFB7E1C52" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Income tax expense (benefit) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_IncomeTaxExpenseBenefit_E3589D8443AA33E2BFF55E2CFB7E1C52" xlink:type="locator"/>
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<link:label id="lab_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_1BAC2EA31D28CE235317EAE61287B620_totalLabel_en-US" xlink:label="lab_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_1BAC2EA31D28CE235317EAE61287B620" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Net income (loss) applicable to common shareholders </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic" xlink:label="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_1BAC2EA31D28CE235317EAE61287B620" xlink:type="locator"/>
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<link:label id="lab_us-gaap_EarningsPerShareAbstract_9D92F6343214D0A359DC5E301D7AFD88_terseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareAbstract_9D92F6343214D0A359DC5E301D7AFD88" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Per common share information </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_EarningsPerShareAbstract" xlink:label="loc_us-gaap_EarningsPerShareAbstract_9D92F6343214D0A359DC5E301D7AFD88" xlink:type="locator"/>
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<link:label id="lab_us-gaap_EarningsPerShareBasic_90BA5B2BA067B7EF686F5E305B796F53_terseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareBasic_90BA5B2BA067B7EF686F5E305B796F53" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Earnings (loss) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_EarningsPerShareBasic" xlink:label="loc_us-gaap_EarningsPerShareBasic_90BA5B2BA067B7EF686F5E305B796F53" xlink:type="locator"/>
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<link:label id="lab_us-gaap_EarningsPerShareDiluted_7866C0F3A0884E6635125E308C495799_terseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareDiluted_7866C0F3A0884E6635125E308C495799" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Diluted earnings (loss) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_EarningsPerShareDiluted" xlink:label="loc_us-gaap_EarningsPerShareDiluted_7866C0F3A0884E6635125E308C495799" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CommonStockDividendsPerShareCashPaid_D9559A6032DE1E3848BD5E30EFE84C01_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockDividendsPerShareCashPaid_D9559A6032DE1E3848BD5E30EFE84C01" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Dividends paid </link:label>
<link:label id="lab_us-gaap_CommonStockDividendsPerShareCashPaid_D9559A6032DE1E3848BD5E30EFE84C01_label_en-US" xlink:label="lab_us-gaap_CommonStockDividendsPerShareCashPaid_D9559A6032DE1E3848BD5E30EFE84C01" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Common Stock, Dividends, Per Share, Cash Paid </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CommonStockDividendsPerShareCashPaid" xlink:label="loc_us-gaap_CommonStockDividendsPerShareCashPaid_D9559A6032DE1E3848BD5E30EFE84C01" xlink:type="locator"/>
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<link:label id="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_3132250BF3EB521B31845E32803ADF0D_terseLabel_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_3132250BF3EB521B31845E32803ADF0D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Average diluted common shares issued and outstanding (in thousands) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:label="loc_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_3132250BF3EB521B31845E32803ADF0D" xlink:type="locator"/>
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<link:label id="lab_bac_BarnettMember_0050B5807776A6DCCDC9C12B8CAF70A3_label_en-US" xlink:label="lab_bac_BarnettMember_0050B5807776A6DCCDC9C12B8CAF70A3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Barnett [Member] </link:label>
<link:label id="lab_bac_BarnettMember_0050B5807776A6DCCDC9C12B8CAF70A3_documentation_en-US" xlink:label="lab_bac_BarnettMember_0050B5807776A6DCCDC9C12B8CAF70A3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Barnett [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_BarnettMember" xlink:label="loc_bac_BarnettMember_0050B5807776A6DCCDC9C12B8CAF70A3" xlink:type="locator"/>
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<link:label id="lab_bac_ProgressMember_F6DDA8E6019E46628E9BC14E634F7CCD_label_en-US" xlink:label="lab_bac_ProgressMember_F6DDA8E6019E46628E9BC14E634F7CCD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Progress [Member] </link:label>
<link:label id="lab_bac_ProgressMember_F6DDA8E6019E46628E9BC14E634F7CCD_documentation_en-US" xlink:label="lab_bac_ProgressMember_F6DDA8E6019E46628E9BC14E634F7CCD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Progress [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ProgressMember" xlink:label="loc_bac_ProgressMember_F6DDA8E6019E46628E9BC14E634F7CCD" xlink:type="locator"/>
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<link:label id="lab_bac_AbnAmroNorthAmericaMember_30F07C8BBD0F23DBA74CC2F9FBD6C742_label_en-US" xlink:label="lab_bac_AbnAmroNorthAmericaMember_30F07C8BBD0F23DBA74CC2F9FBD6C742" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> ABN AMRO North America [Member] </link:label>
<link:label id="lab_bac_AbnAmroNorthAmericaMember_30F07C8BBD0F23DBA74CC2F9FBD6C742_documentation_en-US" xlink:label="lab_bac_AbnAmroNorthAmericaMember_30F07C8BBD0F23DBA74CC2F9FBD6C742" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> ABN AMRO North America [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_AbnAmroNorthAmericaMember" xlink:label="loc_bac_AbnAmroNorthAmericaMember_30F07C8BBD0F23DBA74CC2F9FBD6C742" xlink:type="locator"/>
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<link:label id="lab_bac_LasalleMember_8C1F91ED52C1033FEDB7C320E0E0FB79_label_en-US" xlink:label="lab_bac_LasalleMember_8C1F91ED52C1033FEDB7C320E0E0FB79" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> LaSalle [Member] </link:label>
<link:label id="lab_bac_LasalleMember_8C1F91ED52C1033FEDB7C320E0E0FB79_documentation_en-US" xlink:label="lab_bac_LasalleMember_8C1F91ED52C1033FEDB7C320E0E0FB79" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> LaSalle [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_LasalleMember" xlink:label="loc_bac_LasalleMember_8C1F91ED52C1033FEDB7C320E0E0FB79" xlink:type="locator"/>
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<link:label id="lab_bac_NotesPayableMember_E527C83C1AF9A3AE19DBC0E49F3D5C97_label_en-US" xlink:label="lab_bac_NotesPayableMember_E527C83C1AF9A3AE19DBC0E49F3D5C97" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Notes Payable [Member] </link:label>
<link:label id="lab_bac_NotesPayableMember_E527C83C1AF9A3AE19DBC0E49F3D5C97_documentation_en-US" xlink:label="lab_bac_NotesPayableMember_E527C83C1AF9A3AE19DBC0E49F3D5C97" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Notes Payable [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_NotesPayableMember" xlink:label="loc_bac_NotesPayableMember_E527C83C1AF9A3AE19DBC0E49F3D5C97" xlink:type="locator"/>
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<link:label id="lab_bac_CapitalTrustNineMember_9AE6165B16162344E935C13D3522FED3_label_en-US" xlink:label="lab_bac_CapitalTrustNineMember_9AE6165B16162344E935C13D3522FED3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Capital Trust Nine [Member] </link:label>
<link:label id="lab_bac_CapitalTrustNineMember_9AE6165B16162344E935C13D3522FED3_documentation_en-US" xlink:label="lab_bac_CapitalTrustNineMember_9AE6165B16162344E935C13D3522FED3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Capital Trust Nine [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CapitalTrustNineMember" xlink:label="loc_bac_CapitalTrustNineMember_9AE6165B16162344E935C13D3522FED3" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CapitalTrustNineMember_9AE6165B16162344E935C13D3522FED3" xlink:to="lab_bac_CapitalTrustNineMember_9AE6165B16162344E935C13D3522FED3" xlink:type="arc"/>
<link:label id="lab_bac_CapitalTrustTwelveMember_5CC12DDFAB49A5CAAD8EC0D4DFB8237C_label_en-US" xlink:label="lab_bac_CapitalTrustTwelveMember_5CC12DDFAB49A5CAAD8EC0D4DFB8237C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Capital Trust Twelve [Member] </link:label>
<link:label id="lab_bac_CapitalTrustTwelveMember_5CC12DDFAB49A5CAAD8EC0D4DFB8237C_documentation_en-US" xlink:label="lab_bac_CapitalTrustTwelveMember_5CC12DDFAB49A5CAAD8EC0D4DFB8237C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Capital Trust Twelve [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CapitalTrustTwelveMember" xlink:label="loc_bac_CapitalTrustTwelveMember_5CC12DDFAB49A5CAAD8EC0D4DFB8237C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CapitalTrustTwelveMember_5CC12DDFAB49A5CAAD8EC0D4DFB8237C" xlink:to="lab_bac_CapitalTrustTwelveMember_5CC12DDFAB49A5CAAD8EC0D4DFB8237C" xlink:type="arc"/>
<link:label id="lab_bac_InstitutionalCapitalMember_8030B853670FE1460423C11D08E08686_label_en-US" xlink:label="lab_bac_InstitutionalCapitalMember_8030B853670FE1460423C11D08E08686" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Institutional Capital A [Member] </link:label>
<link:label id="lab_bac_InstitutionalCapitalMember_8030B853670FE1460423C11D08E08686_documentation_en-US" xlink:label="lab_bac_InstitutionalCapitalMember_8030B853670FE1460423C11D08E08686" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Institutional Capital A [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_InstitutionalCapitalMember" xlink:label="loc_bac_InstitutionalCapitalMember_8030B853670FE1460423C11D08E08686" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_InstitutionalCapitalMember_8030B853670FE1460423C11D08E08686" xlink:to="lab_bac_InstitutionalCapitalMember_8030B853670FE1460423C11D08E08686" xlink:type="arc"/>
<link:label id="lab_bac_InstitutionalCapitalBMember_235E9315F6D59D53BB30C1201FCEEB34_label_en-US" xlink:label="lab_bac_InstitutionalCapitalBMember_235E9315F6D59D53BB30C1201FCEEB34" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Institutional Capital B [Member] </link:label>
<link:label id="lab_bac_InstitutionalCapitalBMember_235E9315F6D59D53BB30C1201FCEEB34_documentation_en-US" xlink:label="lab_bac_InstitutionalCapitalBMember_235E9315F6D59D53BB30C1201FCEEB34" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Institutional Capital B [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_InstitutionalCapitalBMember" xlink:label="loc_bac_InstitutionalCapitalBMember_235E9315F6D59D53BB30C1201FCEEB34" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_InstitutionalCapitalBMember_235E9315F6D59D53BB30C1201FCEEB34" xlink:to="lab_bac_InstitutionalCapitalBMember_235E9315F6D59D53BB30C1201FCEEB34" xlink:type="arc"/>
<link:label id="lab_bac_CapitalTwoMember_AE59126B829390034C70C13497FCADEF_label_en-US" xlink:label="lab_bac_CapitalTwoMember_AE59126B829390034C70C13497FCADEF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Capital Two [Member] </link:label>
<link:label id="lab_bac_CapitalTwoMember_AE59126B829390034C70C13497FCADEF_documentation_en-US" xlink:label="lab_bac_CapitalTwoMember_AE59126B829390034C70C13497FCADEF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Capital Two [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CapitalTwoMember" xlink:label="loc_bac_CapitalTwoMember_AE59126B829390034C70C13497FCADEF" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CapitalTwoMember_AE59126B829390034C70C13497FCADEF" xlink:to="lab_bac_CapitalTwoMember_AE59126B829390034C70C13497FCADEF" xlink:type="arc"/>
<link:label id="lab_bac_CapitalTrustMember_4C53D7E3CBAAEB8AFD36C2E47FC78802_label_en-US" xlink:label="lab_bac_CapitalTrustMember_4C53D7E3CBAAEB8AFD36C2E47FC78802" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Capital Trust A [Member] </link:label>
<link:label id="lab_bac_CapitalTrustMember_4C53D7E3CBAAEB8AFD36C2E47FC78802_documentation_en-US" xlink:label="lab_bac_CapitalTrustMember_4C53D7E3CBAAEB8AFD36C2E47FC78802" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Capital Trust A [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CapitalTrustMember" xlink:label="loc_bac_CapitalTrustMember_4C53D7E3CBAAEB8AFD36C2E47FC78802" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CapitalTrustMember_4C53D7E3CBAAEB8AFD36C2E47FC78802" xlink:to="lab_bac_CapitalTrustMember_4C53D7E3CBAAEB8AFD36C2E47FC78802" xlink:type="arc"/>
<link:label id="lab_bac_CapitalTrustDMember_412543DE90343E6ED6FBC2E874066367_label_en-US" xlink:label="lab_bac_CapitalTrustDMember_412543DE90343E6ED6FBC2E874066367" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Capital Trust D [Member] </link:label>
<link:label id="lab_bac_CapitalTrustDMember_412543DE90343E6ED6FBC2E874066367_documentation_en-US" xlink:label="lab_bac_CapitalTrustDMember_412543DE90343E6ED6FBC2E874066367" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Capital Trust D [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CapitalTrustDMember" xlink:label="loc_bac_CapitalTrustDMember_412543DE90343E6ED6FBC2E874066367" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CapitalTrustDMember_412543DE90343E6ED6FBC2E874066367" xlink:to="lab_bac_CapitalTrustDMember_412543DE90343E6ED6FBC2E874066367" xlink:type="arc"/>
<link:label id="lab_bac_CapitalTrustEMember_D2E61DC567C163677D02C2E972CC6B3C_label_en-US" xlink:label="lab_bac_CapitalTrustEMember_D2E61DC567C163677D02C2E972CC6B3C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Capital Trust E [Member] </link:label>
<link:label id="lab_bac_CapitalTrustEMember_D2E61DC567C163677D02C2E972CC6B3C_documentation_en-US" xlink:label="lab_bac_CapitalTrustEMember_D2E61DC567C163677D02C2E972CC6B3C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Capital Trust E [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CapitalTrustEMember" xlink:label="loc_bac_CapitalTrustEMember_D2E61DC567C163677D02C2E972CC6B3C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CapitalTrustEMember_D2E61DC567C163677D02C2E972CC6B3C" xlink:to="lab_bac_CapitalTrustEMember_D2E61DC567C163677D02C2E972CC6B3C" xlink:type="arc"/>
<link:label id="lab_bac_SeriesOneMember_3B952CDDCFE7B4AF4E1CC2FAFCD5E0C6_label_en-US" xlink:label="lab_bac_SeriesOneMember_3B952CDDCFE7B4AF4E1CC2FAFCD5E0C6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Series One [Member] </link:label>
<link:label id="lab_bac_SeriesOneMember_3B952CDDCFE7B4AF4E1CC2FAFCD5E0C6_documentation_en-US" xlink:label="lab_bac_SeriesOneMember_3B952CDDCFE7B4AF4E1CC2FAFCD5E0C6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Series One [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_SeriesOneMember" xlink:label="loc_bac_SeriesOneMember_3B952CDDCFE7B4AF4E1CC2FAFCD5E0C6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_SeriesOneMember_3B952CDDCFE7B4AF4E1CC2FAFCD5E0C6" xlink:to="lab_bac_SeriesOneMember_3B952CDDCFE7B4AF4E1CC2FAFCD5E0C6" xlink:type="arc"/>
<link:label id="lab_bac_SeriesTwoMember_1BD088186BE81D9DAD6CC2FBECB1F9F0_label_en-US" xlink:label="lab_bac_SeriesTwoMember_1BD088186BE81D9DAD6CC2FBECB1F9F0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Series Two [Member] </link:label>
<link:label id="lab_bac_SeriesTwoMember_1BD088186BE81D9DAD6CC2FBECB1F9F0_documentation_en-US" xlink:label="lab_bac_SeriesTwoMember_1BD088186BE81D9DAD6CC2FBECB1F9F0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Series Two [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_SeriesTwoMember" xlink:label="loc_bac_SeriesTwoMember_1BD088186BE81D9DAD6CC2FBECB1F9F0" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_SeriesTwoMember_1BD088186BE81D9DAD6CC2FBECB1F9F0" xlink:to="lab_bac_SeriesTwoMember_1BD088186BE81D9DAD6CC2FBECB1F9F0" xlink:type="arc"/>
<link:label id="lab_bac_SeriesThreeMember_514C22C65D2270127CC5C2FC6FA7C888_label_en-US" xlink:label="lab_bac_SeriesThreeMember_514C22C65D2270127CC5C2FC6FA7C888" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Series Three [Member] </link:label>
<link:label id="lab_bac_SeriesThreeMember_514C22C65D2270127CC5C2FC6FA7C888_documentation_en-US" xlink:label="lab_bac_SeriesThreeMember_514C22C65D2270127CC5C2FC6FA7C888" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Series Three [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_SeriesThreeMember" xlink:label="loc_bac_SeriesThreeMember_514C22C65D2270127CC5C2FC6FA7C888" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_SeriesThreeMember_514C22C65D2270127CC5C2FC6FA7C888" xlink:to="lab_bac_SeriesThreeMember_514C22C65D2270127CC5C2FC6FA7C888" xlink:type="arc"/>
<link:label id="lab_bac_SeriesFourMember_4271E229ADBAADB262B1C2FF6AC46628_label_en-US" xlink:label="lab_bac_SeriesFourMember_4271E229ADBAADB262B1C2FF6AC46628" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Series Four [Member] </link:label>
<link:label id="lab_bac_SeriesFourMember_4271E229ADBAADB262B1C2FF6AC46628_documentation_en-US" xlink:label="lab_bac_SeriesFourMember_4271E229ADBAADB262B1C2FF6AC46628" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Series Four [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_SeriesFourMember" xlink:label="loc_bac_SeriesFourMember_4271E229ADBAADB262B1C2FF6AC46628" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_SeriesFourMember_4271E229ADBAADB262B1C2FF6AC46628" xlink:to="lab_bac_SeriesFourMember_4271E229ADBAADB262B1C2FF6AC46628" xlink:type="arc"/>
<link:label id="lab_bac_SeriesFiveMember_C26B5F164AFA19B73953C30026A779D2_label_en-US" xlink:label="lab_bac_SeriesFiveMember_C26B5F164AFA19B73953C30026A779D2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Series Five [Member] </link:label>
<link:label id="lab_bac_SeriesFiveMember_C26B5F164AFA19B73953C30026A779D2_documentation_en-US" xlink:label="lab_bac_SeriesFiveMember_C26B5F164AFA19B73953C30026A779D2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Series Five [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_SeriesFiveMember" xlink:label="loc_bac_SeriesFiveMember_C26B5F164AFA19B73953C30026A779D2" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_SeriesFiveMember_C26B5F164AFA19B73953C30026A779D2" xlink:to="lab_bac_SeriesFiveMember_C26B5F164AFA19B73953C30026A779D2" xlink:type="arc"/>
<link:label id="lab_bac_SeriesSixMember_A917C3B5CF7E726CF019C300E1FD7C0C_label_en-US" xlink:label="lab_bac_SeriesSixMember_A917C3B5CF7E726CF019C300E1FD7C0C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Series Six [Member] </link:label>
<link:label id="lab_bac_SeriesSixMember_A917C3B5CF7E726CF019C300E1FD7C0C_documentation_en-US" xlink:label="lab_bac_SeriesSixMember_A917C3B5CF7E726CF019C300E1FD7C0C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Series Six [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_SeriesSixMember" xlink:label="loc_bac_SeriesSixMember_A917C3B5CF7E726CF019C300E1FD7C0C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_SeriesSixMember_A917C3B5CF7E726CF019C300E1FD7C0C" xlink:to="lab_bac_SeriesSixMember_A917C3B5CF7E726CF019C300E1FD7C0C" xlink:type="arc"/>
<link:label id="lab_bac_SeriesSevenMember_09456B245A10965152D1C301A11FD7EA_label_en-US" xlink:label="lab_bac_SeriesSevenMember_09456B245A10965152D1C301A11FD7EA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Series Seven [Member] </link:label>
<link:label id="lab_bac_SeriesSevenMember_09456B245A10965152D1C301A11FD7EA_documentation_en-US" xlink:label="lab_bac_SeriesSevenMember_09456B245A10965152D1C301A11FD7EA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Series Seven [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_SeriesSevenMember" xlink:label="loc_bac_SeriesSevenMember_09456B245A10965152D1C301A11FD7EA" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_SeriesSevenMember_09456B245A10965152D1C301A11FD7EA" xlink:to="lab_bac_SeriesSevenMember_09456B245A10965152D1C301A11FD7EA" xlink:type="arc"/>
<link:label id="lab_bac_SeriesNineMember_EF4AD4E128FC7485C2A3C30295932617_label_en-US" xlink:label="lab_bac_SeriesNineMember_EF4AD4E128FC7485C2A3C30295932617" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Series Nine [Member] </link:label>
<link:label id="lab_bac_SeriesNineMember_EF4AD4E128FC7485C2A3C30295932617_documentation_en-US" xlink:label="lab_bac_SeriesNineMember_EF4AD4E128FC7485C2A3C30295932617" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Series Nine [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_SeriesNineMember" xlink:label="loc_bac_SeriesNineMember_EF4AD4E128FC7485C2A3C30295932617" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_SeriesNineMember_EF4AD4E128FC7485C2A3C30295932617" xlink:to="lab_bac_SeriesNineMember_EF4AD4E128FC7485C2A3C30295932617" xlink:type="arc"/>
<link:label id="lab_bac_SeriesTenMember_031EC29EC59E3FEA0FFDC3032B1E269E_label_en-US" xlink:label="lab_bac_SeriesTenMember_031EC29EC59E3FEA0FFDC3032B1E269E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Series Ten [Member] </link:label>
<link:label id="lab_bac_SeriesTenMember_031EC29EC59E3FEA0FFDC3032B1E269E_documentation_en-US" xlink:label="lab_bac_SeriesTenMember_031EC29EC59E3FEA0FFDC3032B1E269E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Series Ten [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_SeriesTenMember" xlink:label="loc_bac_SeriesTenMember_031EC29EC59E3FEA0FFDC3032B1E269E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_SeriesTenMember_031EC29EC59E3FEA0FFDC3032B1E269E" xlink:to="lab_bac_SeriesTenMember_031EC29EC59E3FEA0FFDC3032B1E269E" xlink:type="arc"/>
<link:label id="lab_bac_SeriesElevenMember_F8A9A8AC4D6C35963211C303C43208F4_label_en-US" xlink:label="lab_bac_SeriesElevenMember_F8A9A8AC4D6C35963211C303C43208F4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Series Eleven [Member] </link:label>
<link:label id="lab_bac_SeriesElevenMember_F8A9A8AC4D6C35963211C303C43208F4_documentation_en-US" xlink:label="lab_bac_SeriesElevenMember_F8A9A8AC4D6C35963211C303C43208F4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Series Eleven [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_SeriesElevenMember" xlink:label="loc_bac_SeriesElevenMember_F8A9A8AC4D6C35963211C303C43208F4" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_SeriesElevenMember_F8A9A8AC4D6C35963211C303C43208F4" xlink:to="lab_bac_SeriesElevenMember_F8A9A8AC4D6C35963211C303C43208F4" xlink:type="arc"/>
<link:label id="lab_bac_SeriesTwelveMember_3F6627EFF589641507FFC304453C89B6_label_en-US" xlink:label="lab_bac_SeriesTwelveMember_3F6627EFF589641507FFC304453C89B6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Series Twelve [Member] </link:label>
<link:label id="lab_bac_SeriesTwelveMember_3F6627EFF589641507FFC304453C89B6_documentation_en-US" xlink:label="lab_bac_SeriesTwelveMember_3F6627EFF589641507FFC304453C89B6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Series Twelve [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_SeriesTwelveMember" xlink:label="loc_bac_SeriesTwelveMember_3F6627EFF589641507FFC304453C89B6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_SeriesTwelveMember_3F6627EFF589641507FFC304453C89B6" xlink:to="lab_bac_SeriesTwelveMember_3F6627EFF589641507FFC304453C89B6" xlink:type="arc"/>
<link:label id="lab_bac_SeriesThirteenMember_88A4B07789108137479CC304DC562D66_label_en-US" xlink:label="lab_bac_SeriesThirteenMember_88A4B07789108137479CC304DC562D66" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Series Thirteen [Member] </link:label>
<link:label id="lab_bac_SeriesThirteenMember_88A4B07789108137479CC304DC562D66_documentation_en-US" xlink:label="lab_bac_SeriesThirteenMember_88A4B07789108137479CC304DC562D66" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Series Thirteen [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_SeriesThirteenMember" xlink:label="loc_bac_SeriesThirteenMember_88A4B07789108137479CC304DC562D66" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_SeriesThirteenMember_88A4B07789108137479CC304DC562D66" xlink:to="lab_bac_SeriesThirteenMember_88A4B07789108137479CC304DC562D66" xlink:type="arc"/>
<link:label id="lab_bac_SeriesIMember_6AF0E8B191D2A9EDFDB8C3229B3B97ED_label_en-US" xlink:label="lab_bac_SeriesIMember_6AF0E8B191D2A9EDFDB8C3229B3B97ED" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Series I [Member] </link:label>
<link:label id="lab_bac_SeriesIMember_6AF0E8B191D2A9EDFDB8C3229B3B97ED_documentation_en-US" xlink:label="lab_bac_SeriesIMember_6AF0E8B191D2A9EDFDB8C3229B3B97ED" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Series I [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_SeriesIMember" xlink:label="loc_bac_SeriesIMember_6AF0E8B191D2A9EDFDB8C3229B3B97ED" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_SeriesIMember_6AF0E8B191D2A9EDFDB8C3229B3B97ED" xlink:to="lab_bac_SeriesIMember_6AF0E8B191D2A9EDFDB8C3229B3B97ED" xlink:type="arc"/>
<link:label id="lab_bac_SeriesJMember_59DA63C9310221D9566DC3235508C245_label_en-US" xlink:label="lab_bac_SeriesJMember_59DA63C9310221D9566DC3235508C245" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Series J [Member] </link:label>
<link:label id="lab_bac_SeriesJMember_59DA63C9310221D9566DC3235508C245_documentation_en-US" xlink:label="lab_bac_SeriesJMember_59DA63C9310221D9566DC3235508C245" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Series J [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_SeriesJMember" xlink:label="loc_bac_SeriesJMember_59DA63C9310221D9566DC3235508C245" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_SeriesJMember_59DA63C9310221D9566DC3235508C245" xlink:to="lab_bac_SeriesJMember_59DA63C9310221D9566DC3235508C245" xlink:type="arc"/>
<link:label id="lab_bac_CapitalFourMember_ACFBF7B0FD4728282F73C33DA96E97F0_label_en-US" xlink:label="lab_bac_CapitalFourMember_ACFBF7B0FD4728282F73C33DA96E97F0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Capital Four [Member] </link:label>
<link:label id="lab_bac_CapitalFourMember_ACFBF7B0FD4728282F73C33DA96E97F0_documentation_en-US" xlink:label="lab_bac_CapitalFourMember_ACFBF7B0FD4728282F73C33DA96E97F0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Capital Four [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CapitalFourMember" xlink:label="loc_bac_CapitalFourMember_ACFBF7B0FD4728282F73C33DA96E97F0" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CapitalFourMember_ACFBF7B0FD4728282F73C33DA96E97F0" xlink:to="lab_bac_CapitalFourMember_ACFBF7B0FD4728282F73C33DA96E97F0" xlink:type="arc"/>
<link:label id="lab_bac_CapitalFiveMember_270F84758515CB3F9796C33E3E3214BE_label_en-US" xlink:label="lab_bac_CapitalFiveMember_270F84758515CB3F9796C33E3E3214BE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Capital Five [Member] </link:label>
<link:label id="lab_bac_CapitalFiveMember_270F84758515CB3F9796C33E3E3214BE_documentation_en-US" xlink:label="lab_bac_CapitalFiveMember_270F84758515CB3F9796C33E3E3214BE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Capital Five [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CapitalFiveMember" xlink:label="loc_bac_CapitalFiveMember_270F84758515CB3F9796C33E3E3214BE" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_CapitalFiveMember_270F84758515CB3F9796C33E3E3214BE" xlink:to="lab_bac_CapitalFiveMember_270F84758515CB3F9796C33E3E3214BE" xlink:type="arc"/>
<link:label id="lab_bac_PreferredCapitalTrustThreeMember_BF4102C281D018B4EF86C3437A850940_label_en-US" xlink:label="lab_bac_PreferredCapitalTrustThreeMember_BF4102C281D018B4EF86C3437A850940" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Preferred Capital Trust Three [Member] </link:label>
<link:label id="lab_bac_PreferredCapitalTrustThreeMember_BF4102C281D018B4EF86C3437A850940_documentation_en-US" xlink:label="lab_bac_PreferredCapitalTrustThreeMember_BF4102C281D018B4EF86C3437A850940" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Preferred Capital Trust Three [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PreferredCapitalTrustThreeMember" xlink:label="loc_bac_PreferredCapitalTrustThreeMember_BF4102C281D018B4EF86C3437A850940" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_PreferredCapitalTrustThreeMember_BF4102C281D018B4EF86C3437A850940" xlink:to="lab_bac_PreferredCapitalTrustThreeMember_BF4102C281D018B4EF86C3437A850940" xlink:type="arc"/>
<link:label id="lab_bac_PreferredCapitalTrustFourMember_DBC4DFAC921830D70AD2C3442E800B18_label_en-US" xlink:label="lab_bac_PreferredCapitalTrustFourMember_DBC4DFAC921830D70AD2C3442E800B18" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Preferred Capital Trust Four [Member] </link:label>
<link:label id="lab_bac_PreferredCapitalTrustFourMember_DBC4DFAC921830D70AD2C3442E800B18_documentation_en-US" xlink:label="lab_bac_PreferredCapitalTrustFourMember_DBC4DFAC921830D70AD2C3442E800B18" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Preferred Capital Trust Four [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PreferredCapitalTrustFourMember" xlink:label="loc_bac_PreferredCapitalTrustFourMember_DBC4DFAC921830D70AD2C3442E800B18" xlink:type="locator"/>
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<link:label id="lab_bac_PreferredCapitalTrustFiveMember_BD612A3EE9796287A7BFC344EC2F3B3D_label_en-US" xlink:label="lab_bac_PreferredCapitalTrustFiveMember_BD612A3EE9796287A7BFC344EC2F3B3D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Preferred Capital Trust Five [Member] </link:label>
<link:label id="lab_bac_PreferredCapitalTrustFiveMember_BD612A3EE9796287A7BFC344EC2F3B3D_documentation_en-US" xlink:label="lab_bac_PreferredCapitalTrustFiveMember_BD612A3EE9796287A7BFC344EC2F3B3D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Preferred Capital Trust Five [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PreferredCapitalTrustFiveMember" xlink:label="loc_bac_PreferredCapitalTrustFiveMember_BD612A3EE9796287A7BFC344EC2F3B3D" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DebtInstrumentCarryingAmount_FC19B1CE143A462A1790C0C02D8DC985_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentCarryingAmount_FC19B1CE143A462A1790C0C02D8DC985" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Aggregate Principal Amount </link:label>
<link:label id="lab_us-gaap_DebtInstrumentCarryingAmount_FC19B1CE143A462A1790C0C02D8DC985_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentCarryingAmount_FC19B1CE143A462A1790C0C02D8DC985" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Long-term Debt, Gross </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DebtInstrumentCarryingAmount" xlink:label="loc_us-gaap_DebtInstrumentCarryingAmount_FC19B1CE143A462A1790C0C02D8DC985" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DebtInstrumentDescriptionOfVariableRateBasis_BCA465E21132F1F8647AC32EEEB6284E_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentDescriptionOfVariableRateBasis_BCA465E21132F1F8647AC32EEEB6284E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Variable Rate Basis </link:label>
<link:label id="lab_us-gaap_DebtInstrumentDescriptionOfVariableRateBasis_BCA465E21132F1F8647AC32EEEB6284E_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentDescriptionOfVariableRateBasis_BCA465E21132F1F8647AC32EEEB6284E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Debt Instrument, Description of Variable Rate Basis </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DebtInstrumentDescriptionOfVariableRateBasis" xlink:label="loc_us-gaap_DebtInstrumentDescriptionOfVariableRateBasis_BCA465E21132F1F8647AC32EEEB6284E" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DebtInstrumentBasisSpreadOnVariableRate_B748A9CEEF592CDA3E32C32E161CF736_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentBasisSpreadOnVariableRate_B748A9CEEF592CDA3E32C32E161CF736" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Basis Spread on Variable Rate (in bps) </link:label>
<link:label id="lab_us-gaap_DebtInstrumentBasisSpreadOnVariableRate_B748A9CEEF592CDA3E32C32E161CF736_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentBasisSpreadOnVariableRate_B748A9CEEF592CDA3E32C32E161CF736" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Debt Instrument, Basis Spread on Variable Rate </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DebtInstrumentBasisSpreadOnVariableRate" xlink:label="loc_us-gaap_DebtInstrumentBasisSpreadOnVariableRate_B748A9CEEF592CDA3E32C32E161CF736" xlink:type="locator"/>
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<link:label id="lab_bac_CarryingAndFairValuesOfFinancialInstrumentsTableTextBlock_892EC981E5166631E44558A3A8B669AF_terseLabel_en-US" xlink:label="lab_bac_CarryingAndFairValuesOfFinancialInstrumentsTableTextBlock_892EC981E5166631E44558A3A8B669AF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Carrying and fair values of financial instruments [Table Text Block] </link:label>
<link:label id="lab_bac_CarryingAndFairValuesOfFinancialInstrumentsTableTextBlock_892EC981E5166631E44558A3A8B669AF_label_en-US" xlink:label="lab_bac_CarryingAndFairValuesOfFinancialInstrumentsTableTextBlock_892EC981E5166631E44558A3A8B669AF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Carrying and fair values of financial instruments [Table Text Block] </link:label>
<link:label id="lab_bac_CarryingAndFairValuesOfFinancialInstrumentsTableTextBlock_892EC981E5166631E44558A3A8B669AF_documentation_en-US" xlink:label="lab_bac_CarryingAndFairValuesOfFinancialInstrumentsTableTextBlock_892EC981E5166631E44558A3A8B669AF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Carrying and fair values of financial instruments. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CarryingAndFairValuesOfFinancialInstrumentsTableTextBlock" xlink:label="loc_bac_CarryingAndFairValuesOfFinancialInstrumentsTableTextBlock_892EC981E5166631E44558A3A8B669AF" xlink:type="locator"/>
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<link:label id="lab_us-gaap_BusinessCombinationDisclosureTextBlock_8B38F81F764CF97FFB1E9C3FC195374C_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationDisclosureTextBlock_8B38F81F764CF97FFB1E9C3FC195374C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Business Combination Disclosure [Text Block] </link:label>
<link:label id="lab_us-gaap_BusinessCombinationDisclosureTextBlock_8B38F81F764CF97FFB1E9C3FC195374C_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationDisclosureTextBlock_8B38F81F764CF97FFB1E9C3FC195374C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Business Combination Disclosure [Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_BusinessCombinationDisclosureTextBlock" xlink:label="loc_us-gaap_BusinessCombinationDisclosureTextBlock_8B38F81F764CF97FFB1E9C3FC195374C" xlink:type="locator"/>
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<link:label id="lab_bac_CommercialAndResidentialReverseMortgageMember_91E7124887115984648858FADCF782D4_label_en-US" xlink:label="lab_bac_CommercialAndResidentialReverseMortgageMember_91E7124887115984648858FADCF782D4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Commercial and Residential Reverse Mortgage [Member] </link:label>
<link:label id="lab_bac_CommercialAndResidentialReverseMortgageMember_91E7124887115984648858FADCF782D4_documentation_en-US" xlink:label="lab_bac_CommercialAndResidentialReverseMortgageMember_91E7124887115984648858FADCF782D4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Commercial and Residential Reverse Mortgage [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CommercialAndResidentialReverseMortgageMember" xlink:label="loc_bac_CommercialAndResidentialReverseMortgageMember_91E7124887115984648858FADCF782D4" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ServicingAssetsAtFairValueLineItems_870B4F1FDE041F05ECB258FE6931436F_label_en-US" xlink:label="lab_us-gaap_ServicingAssetsAtFairValueLineItems_870B4F1FDE041F05ECB258FE6931436F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Servicing Assets at Fair Value [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ServicingAssetsAtFairValueLineItems" xlink:label="loc_us-gaap_ServicingAssetsAtFairValueLineItems_870B4F1FDE041F05ECB258FE6931436F" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ServicingAssetAtAmortizedValue_5EEFEC502D23EDBE97EE58FADCE22919_terseLabel_en-US" xlink:label="lab_us-gaap_ServicingAssetAtAmortizedValue_5EEFEC502D23EDBE97EE58FADCE22919" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Servicing Asset at Amortized Cost </link:label>
<link:label id="lab_us-gaap_ServicingAssetAtAmortizedValue_5EEFEC502D23EDBE97EE58FADCE22919_label_en-US" xlink:label="lab_us-gaap_ServicingAssetAtAmortizedValue_5EEFEC502D23EDBE97EE58FADCE22919" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Servicing Asset at Amortized Cost </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ServicingAssetAtAmortizedValue" xlink:label="loc_us-gaap_ServicingAssetAtAmortizedValue_5EEFEC502D23EDBE97EE58FADCE22919" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ServicingAssetAtFairValueAmountRollForward_219F97E3B4C176E7E57859079E7E25D4_verboseLabel_en-US" xlink:label="lab_us-gaap_ServicingAssetAtFairValueAmountRollForward_219F97E3B4C176E7E57859079E7E25D4" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Activity for Residential First Mortgage MSRs </link:label>
<link:label id="lab_us-gaap_ServicingAssetAtFairValueAmountRollForward_219F97E3B4C176E7E57859079E7E25D4_label_en-US" xlink:label="lab_us-gaap_ServicingAssetAtFairValueAmountRollForward_219F97E3B4C176E7E57859079E7E25D4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Servicing Asset at Fair Value, Amount [Roll Forward] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ServicingAssetAtFairValueAmountRollForward" xlink:label="loc_us-gaap_ServicingAssetAtFairValueAmountRollForward_219F97E3B4C176E7E57859079E7E25D4" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ServicingAssetAtFairValueAmountRollForward_219F97E3B4C176E7E57859079E7E25D4" xlink:to="lab_us-gaap_ServicingAssetAtFairValueAmountRollForward_219F97E3B4C176E7E57859079E7E25D4" xlink:type="arc"/>
<link:label id="lab_us-gaap_ServicingAssetAtFairValueAmount_9B6F346D960241B3140E58F669BEA972_periodStartLabel_en-US" xlink:label="lab_us-gaap_ServicingAssetAtFairValueAmount_9B6F346D960241B3140E58F669BEA972" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US"> Balance, January 1 </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ServicingAssetAtFairValueAmount" xlink:label="loc_us-gaap_ServicingAssetAtFairValueAmount_9B6F346D960241B3140E58F669BEA972" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ServicingAssetAtFairValueAmount_9B6F346D960241B3140E58F669BEA972" xlink:to="lab_us-gaap_ServicingAssetAtFairValueAmount_9B6F346D960241B3140E58F669BEA972" xlink:type="arc"/>
<link:label id="lab_us-gaap_ServicingAssetAtFairValueAdditions_6D2986D74A26DB6DD3D758F66BA20B08_terseLabel_en-US" xlink:label="lab_us-gaap_ServicingAssetAtFairValueAdditions_6D2986D74A26DB6DD3D758F66BA20B08" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Additions </link:label>
<link:label id="lab_us-gaap_ServicingAssetAtFairValueAdditions_6D2986D74A26DB6DD3D758F66BA20B08_label_en-US" xlink:label="lab_us-gaap_ServicingAssetAtFairValueAdditions_6D2986D74A26DB6DD3D758F66BA20B08" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Servicing Asset at Fair Value, Additions </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ServicingAssetAtFairValueAdditions" xlink:label="loc_us-gaap_ServicingAssetAtFairValueAdditions_6D2986D74A26DB6DD3D758F66BA20B08" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ServicingAssetAtFairValueAdditions_6D2986D74A26DB6DD3D758F66BA20B08" xlink:to="lab_us-gaap_ServicingAssetAtFairValueAdditions_6D2986D74A26DB6DD3D758F66BA20B08" xlink:type="arc"/>
<link:label id="lab_us-gaap_ServicingAssetAtFairValueDisposals_58908FD44F13B9C14B5458F66CA38957_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_ServicingAssetAtFairValueDisposals_58908FD44F13B9C14B5458F66CA38957" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Sales </link:label>
<link:label id="lab_us-gaap_ServicingAssetAtFairValueDisposals_58908FD44F13B9C14B5458F66CA38957_label_en-US" xlink:label="lab_us-gaap_ServicingAssetAtFairValueDisposals_58908FD44F13B9C14B5458F66CA38957" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Servicing Asset at Fair Value, Disposals </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ServicingAssetAtFairValueDisposals" xlink:label="loc_us-gaap_ServicingAssetAtFairValueDisposals_58908FD44F13B9C14B5458F66CA38957" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ServicingAssetAtFairValueDisposals_58908FD44F13B9C14B5458F66CA38957" xlink:to="lab_us-gaap_ServicingAssetAtFairValueDisposals_58908FD44F13B9C14B5458F66CA38957" xlink:type="arc"/>
<link:label id="lab_bac_ServicingAssetAtFairValueImpactOfCustomerPayment_9F998F1AD952ADF1286858F66E1CCB0D_negatedTerseLabel_en-US" xlink:label="lab_bac_ServicingAssetAtFairValueImpactOfCustomerPayment_9F998F1AD952ADF1286858F66E1CCB0D" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Impact Of Customer Payments </link:label>
<link:label id="lab_bac_ServicingAssetAtFairValueImpactOfCustomerPayment_9F998F1AD952ADF1286858F66E1CCB0D_label_en-US" xlink:label="lab_bac_ServicingAssetAtFairValueImpactOfCustomerPayment_9F998F1AD952ADF1286858F66E1CCB0D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Servicing Asset At Fair Value Impact Of Customer Payment </link:label>
<link:label id="lab_bac_ServicingAssetAtFairValueImpactOfCustomerPayment_9F998F1AD952ADF1286858F66E1CCB0D_documentation_en-US" xlink:label="lab_bac_ServicingAssetAtFairValueImpactOfCustomerPayment_9F998F1AD952ADF1286858F66E1CCB0D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the impact of customer payments, including refinancing, on the fair value of servicing assets. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ServicingAssetAtFairValueImpactOfCustomerPayment" xlink:label="loc_bac_ServicingAssetAtFairValueImpactOfCustomerPayment_9F998F1AD952ADF1286858F66E1CCB0D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ServicingAssetAtFairValueImpactOfCustomerPayment_9F998F1AD952ADF1286858F66E1CCB0D" xlink:to="lab_bac_ServicingAssetAtFairValueImpactOfCustomerPayment_9F998F1AD952ADF1286858F66E1CCB0D" xlink:type="arc"/>
<link:label id="lab_bac_ServicingAssetsImpactOfChangesInInterestRatesAndOtherMarketFactors_B282E0EE50F1EF215D7958F66F28E0F9_terseLabel_en-US" xlink:label="lab_bac_ServicingAssetsImpactOfChangesInInterestRatesAndOtherMarketFactors_B282E0EE50F1EF215D7958F66F28E0F9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Impact Of Changes In Interest Rates And Other Market Factors </link:label>
<link:label id="lab_bac_ServicingAssetsImpactOfChangesInInterestRatesAndOtherMarketFactors_B282E0EE50F1EF215D7958F66F28E0F9_label_en-US" xlink:label="lab_bac_ServicingAssetsImpactOfChangesInInterestRatesAndOtherMarketFactors_B282E0EE50F1EF215D7958F66F28E0F9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Servicing Assets Impact Of Changes In Interest Rates And Other Market Factors </link:label>
<link:label id="lab_bac_ServicingAssetsImpactOfChangesInInterestRatesAndOtherMarketFactors_B282E0EE50F1EF215D7958F66F28E0F9_documentation_en-US" xlink:label="lab_bac_ServicingAssetsImpactOfChangesInInterestRatesAndOtherMarketFactors_B282E0EE50F1EF215D7958F66F28E0F9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the impact of customer payments, including refinancing, on the fair value of servicing assets. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ServicingAssetsImpactOfChangesInInterestRatesAndOtherMarketFactors" xlink:label="loc_bac_ServicingAssetsImpactOfChangesInInterestRatesAndOtherMarketFactors_B282E0EE50F1EF215D7958F66F28E0F9" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ServicingAssetsImpactOfChangesInInterestRatesAndOtherMarketFactors_B282E0EE50F1EF215D7958F66F28E0F9" xlink:to="lab_bac_ServicingAssetsImpactOfChangesInInterestRatesAndOtherMarketFactors_B282E0EE50F1EF215D7958F66F28E0F9" xlink:type="arc"/>
<link:label id="lab_bac_ModelAndOtherCashFlowAssumptionChangesAbstract_522A86599FDAF4408338590DFFA7E73A_verboseLabel_en-US" xlink:label="lab_bac_ModelAndOtherCashFlowAssumptionChangesAbstract_522A86599FDAF4408338590DFFA7E73A" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Model And Other Cash Flow Assumption Changes: </link:label>
<link:label id="lab_bac_ModelAndOtherCashFlowAssumptionChangesAbstract_522A86599FDAF4408338590DFFA7E73A_label_en-US" xlink:label="lab_bac_ModelAndOtherCashFlowAssumptionChangesAbstract_522A86599FDAF4408338590DFFA7E73A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Model And Other Cash Flow Assumption Changes Abstract </link:label>
<link:label id="lab_bac_ModelAndOtherCashFlowAssumptionChangesAbstract_522A86599FDAF4408338590DFFA7E73A_documentation_en-US" xlink:label="lab_bac_ModelAndOtherCashFlowAssumptionChangesAbstract_522A86599FDAF4408338590DFFA7E73A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Model and other cash flow assumption changes. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ModelAndOtherCashFlowAssumptionChangesAbstract" xlink:label="loc_bac_ModelAndOtherCashFlowAssumptionChangesAbstract_522A86599FDAF4408338590DFFA7E73A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ModelAndOtherCashFlowAssumptionChangesAbstract_522A86599FDAF4408338590DFFA7E73A" xlink:to="lab_bac_ModelAndOtherCashFlowAssumptionChangesAbstract_522A86599FDAF4408338590DFFA7E73A" xlink:type="arc"/>
<link:label id="lab_bac_ServicingAssetAtFairValueChangeInProjectedCashFlowsDueToIncreaseInCostToServiceLoans_1BE3E83BE3E7CF5D923F58F6709DF0B6_terseLabel_en-US" xlink:label="lab_bac_ServicingAssetAtFairValueChangeInProjectedCashFlowsDueToIncreaseInCostToServiceLoans_1BE3E83BE3E7CF5D923F58F6709DF0B6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Projected Cash Flows, Primarily Due to Increases in Cost to Service Loans </link:label>
<link:label id="lab_bac_ServicingAssetAtFairValueChangeInProjectedCashFlowsDueToIncreaseInCostToServiceLoans_1BE3E83BE3E7CF5D923F58F6709DF0B6_label_en-US" xlink:label="lab_bac_ServicingAssetAtFairValueChangeInProjectedCashFlowsDueToIncreaseInCostToServiceLoans_1BE3E83BE3E7CF5D923F58F6709DF0B6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Servicing Asset At Fair Value Change In Projected Cash Flows Due To Increase In Cost To Service Loans </link:label>
<link:label id="lab_bac_ServicingAssetAtFairValueChangeInProjectedCashFlowsDueToIncreaseInCostToServiceLoans_1BE3E83BE3E7CF5D923F58F6709DF0B6_documentation_en-US" xlink:label="lab_bac_ServicingAssetAtFairValueChangeInProjectedCashFlowsDueToIncreaseInCostToServiceLoans_1BE3E83BE3E7CF5D923F58F6709DF0B6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the change in projected cash flows due to increases in cost to service loans, on the fair value of servicing assets. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ServicingAssetAtFairValueChangeInProjectedCashFlowsDueToIncreaseInCostToServiceLoans" xlink:label="loc_bac_ServicingAssetAtFairValueChangeInProjectedCashFlowsDueToIncreaseInCostToServiceLoans_1BE3E83BE3E7CF5D923F58F6709DF0B6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ServicingAssetAtFairValueChangeInProjectedCashFlowsDueToIncreaseInCostToServiceLoans_1BE3E83BE3E7CF5D923F58F6709DF0B6" xlink:to="lab_bac_ServicingAssetAtFairValueChangeInProjectedCashFlowsDueToIncreaseInCostToServiceLoans_1BE3E83BE3E7CF5D923F58F6709DF0B6" xlink:type="arc"/>
<link:label id="lab_bac_ServicingAssetAtFairValueChangesInHomePriceIndex_88ABA8F1D530F64A9E9C58F6711163ED_terseLabel_en-US" xlink:label="lab_bac_ServicingAssetAtFairValueChangesInHomePriceIndex_88ABA8F1D530F64A9E9C58F6711163ED" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Impact of Changes in the Home Price Index </link:label>
<link:label id="lab_bac_ServicingAssetAtFairValueChangesInHomePriceIndex_88ABA8F1D530F64A9E9C58F6711163ED_label_en-US" xlink:label="lab_bac_ServicingAssetAtFairValueChangesInHomePriceIndex_88ABA8F1D530F64A9E9C58F6711163ED" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Servicing Asset At Fair Value Changes In Home Price Index </link:label>
<link:label id="lab_bac_ServicingAssetAtFairValueChangesInHomePriceIndex_88ABA8F1D530F64A9E9C58F6711163ED_documentation_en-US" xlink:label="lab_bac_ServicingAssetAtFairValueChangesInHomePriceIndex_88ABA8F1D530F64A9E9C58F6711163ED" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the changes in the Home Price Index, on the fair value of servicing assets. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ServicingAssetAtFairValueChangesInHomePriceIndex" xlink:label="loc_bac_ServicingAssetAtFairValueChangesInHomePriceIndex_88ABA8F1D530F64A9E9C58F6711163ED" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ServicingAssetAtFairValueChangesInHomePriceIndex_88ABA8F1D530F64A9E9C58F6711163ED" xlink:to="lab_bac_ServicingAssetAtFairValueChangesInHomePriceIndex_88ABA8F1D530F64A9E9C58F6711163ED" xlink:type="arc"/>
<link:label id="lab_bac_ServicingAssetAtFairValueChangesToPrepaymentModel_78A160949873079A81A458F6718E12C8_terseLabel_en-US" xlink:label="lab_bac_ServicingAssetAtFairValueChangesToPrepaymentModel_78A160949873079A81A458F6718E12C8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Impact of Changes in the Prepayment Model </link:label>
<link:label id="lab_bac_ServicingAssetAtFairValueChangesToPrepaymentModel_78A160949873079A81A458F6718E12C8_label_en-US" xlink:label="lab_bac_ServicingAssetAtFairValueChangesToPrepaymentModel_78A160949873079A81A458F6718E12C8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Servicing Asset At Fair Value Changes To Prepayment Model </link:label>
<link:label id="lab_bac_ServicingAssetAtFairValueChangesToPrepaymentModel_78A160949873079A81A458F6718E12C8_documentation_en-US" xlink:label="lab_bac_ServicingAssetAtFairValueChangesToPrepaymentModel_78A160949873079A81A458F6718E12C8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the changes to the prepayment modeal, on the fair value of servicing assets. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ServicingAssetAtFairValueChangesToPrepaymentModel" xlink:label="loc_bac_ServicingAssetAtFairValueChangesToPrepaymentModel_78A160949873079A81A458F6718E12C8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ServicingAssetAtFairValueChangesToPrepaymentModel_78A160949873079A81A458F6718E12C8" xlink:to="lab_bac_ServicingAssetAtFairValueChangesToPrepaymentModel_78A160949873079A81A458F6718E12C8" xlink:type="arc"/>
<link:label id="lab_us-gaap_ServicingAssetAtFairValueOtherChangesThatAffectBalance_41EB189B9FF50AD82A2558F672314863_terseLabel_en-US" xlink:label="lab_us-gaap_ServicingAssetAtFairValueOtherChangesThatAffectBalance_41EB189B9FF50AD82A2558F672314863" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other Model Changes </link:label>
<link:label id="lab_us-gaap_ServicingAssetAtFairValueOtherChangesThatAffectBalance_41EB189B9FF50AD82A2558F672314863_label_en-US" xlink:label="lab_us-gaap_ServicingAssetAtFairValueOtherChangesThatAffectBalance_41EB189B9FF50AD82A2558F672314863" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Servicing Asset at Fair Value, Other Changes that Affect Balance </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ServicingAssetAtFairValueOtherChangesThatAffectBalance" xlink:label="loc_us-gaap_ServicingAssetAtFairValueOtherChangesThatAffectBalance_41EB189B9FF50AD82A2558F672314863" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ServicingAssetAtFairValueOtherChangesThatAffectBalance_41EB189B9FF50AD82A2558F672314863" xlink:to="lab_us-gaap_ServicingAssetAtFairValueOtherChangesThatAffectBalance_41EB189B9FF50AD82A2558F672314863" xlink:type="arc"/>
<link:label id="lab_us-gaap_ServicingAssetAtFairValueAmount_920415B4FE351F0F79C6591460DF6876_periodEndLabel_en-US" xlink:label="lab_us-gaap_ServicingAssetAtFairValueAmount_920415B4FE351F0F79C6591460DF6876" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US"> Balance, December 31 </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ServicingAssetAtFairValueAmount" xlink:label="loc_us-gaap_ServicingAssetAtFairValueAmount_920415B4FE351F0F79C6591460DF6876" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ServicingAssetAtFairValueAmount_920415B4FE351F0F79C6591460DF6876" xlink:to="lab_us-gaap_ServicingAssetAtFairValueAmount_920415B4FE351F0F79C6591460DF6876" xlink:type="arc"/>
<link:label id="lab_bac_UnpaidPrincipalOfMortgageLoansServicedForInvestors_7A6B2140A55791F262B158F67317DDE8_terseLabel_en-US" xlink:label="lab_bac_UnpaidPrincipalOfMortgageLoansServicedForInvestors_7A6B2140A55791F262B158F67317DDE8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Mortgage Loans Serviced For Investors (in billions) </link:label>
<link:label id="lab_bac_UnpaidPrincipalOfMortgageLoansServicedForInvestors_7A6B2140A55791F262B158F67317DDE8_label_en-US" xlink:label="lab_bac_UnpaidPrincipalOfMortgageLoansServicedForInvestors_7A6B2140A55791F262B158F67317DDE8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Unpaid Principal Of Mortgage Loans Serviced For Investors </link:label>
<link:label id="lab_bac_UnpaidPrincipalOfMortgageLoansServicedForInvestors_7A6B2140A55791F262B158F67317DDE8_documentation_en-US" xlink:label="lab_bac_UnpaidPrincipalOfMortgageLoansServicedForInvestors_7A6B2140A55791F262B158F67317DDE8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the unpaid principal balance of mortgage loans serviced for investors at fair value. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_UnpaidPrincipalOfMortgageLoansServicedForInvestors" xlink:label="loc_bac_UnpaidPrincipalOfMortgageLoansServicedForInvestors_7A6B2140A55791F262B158F67317DDE8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_UnpaidPrincipalOfMortgageLoansServicedForInvestors_7A6B2140A55791F262B158F67317DDE8" xlink:to="lab_bac_UnpaidPrincipalOfMortgageLoansServicedForInvestors_7A6B2140A55791F262B158F67317DDE8" xlink:type="arc"/>
<link:label id="lab_bac_InterestRateRiskOnVariableRatePortfoliosMember_13B046A895C94061CB7CA31CF0E31E05_label_en-US" xlink:label="lab_bac_InterestRateRiskOnVariableRatePortfoliosMember_13B046A895C94061CB7CA31CF0E31E05" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Rate Risk on Variable Rate Portfolios [Member] </link:label>
<link:label id="lab_bac_InterestRateRiskOnVariableRatePortfoliosMember_13B046A895C94061CB7CA31CF0E31E05_documentation_en-US" xlink:label="lab_bac_InterestRateRiskOnVariableRatePortfoliosMember_13B046A895C94061CB7CA31CF0E31E05" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Interest Rate Risk On Variable Rate Portfolios Member. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_InterestRateRiskOnVariableRatePortfoliosMember" xlink:label="loc_bac_InterestRateRiskOnVariableRatePortfoliosMember_13B046A895C94061CB7CA31CF0E31E05" xlink:type="locator"/>
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<link:label id="lab_bac_PriceRiskOnRestrictedStockAwardsMember_E6CD7C2876A3FF75C3DFA31DC6497355_documentation_en-US" xlink:label="lab_bac_PriceRiskOnRestrictedStockAwardsMember_E6CD7C2876A3FF75C3DFA31DC6497355" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Price risk on restricted stock awards </link:label>
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<link:label id="lab_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_6D0051C032E9E58A4ECDA300014AF49B_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_6D0051C032E9E58A4ECDA300014AF49B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative Instruments, Gain (Loss) by Hedging Relationship [Axis] </link:label>
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<link:label id="lab_us-gaap_HedgingRelationshipDomain_50C1F103043DA2E23333A300014BA756_terseLabel_en-US" xlink:label="lab_us-gaap_HedgingRelationshipDomain_50C1F103043DA2E23333A300014BA756" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Hedging Relationship [Domain] </link:label>
<link:label id="lab_us-gaap_HedgingRelationshipDomain_50C1F103043DA2E23333A300014BA756_label_en-US" xlink:label="lab_us-gaap_HedgingRelationshipDomain_50C1F103043DA2E23333A300014BA756" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Hedging Relationship [Domain] </link:label>
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<link:label id="lab_us-gaap_CashFlowHedgingMember_F5D221CA60D261A345AAA31C2AED3A4E_label_en-US" xlink:label="lab_us-gaap_CashFlowHedgingMember_F5D221CA60D261A345AAA31C2AED3A4E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Cash Flow Hedging [Member] </link:label>
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<link:label id="lab_us-gaap_NetInvestmentHedgingMember_7D6BE8FD1E88C2104782A31C5C254B29_label_en-US" xlink:label="lab_us-gaap_NetInvestmentHedgingMember_7D6BE8FD1E88C2104782A31C5C254B29" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Net Investment Hedging [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_NetInvestmentHedgingMember" xlink:label="loc_us-gaap_NetInvestmentHedgingMember_7D6BE8FD1E88C2104782A31C5C254B29" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths_AFDA12B4AE53FAD93B60A3033E92565C_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths_AFDA12B4AE53FAD93B60A3033E92565C" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Cash Flow Hedge Gain (Loss) to be Reclassified within Twelve Months </link:label>
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<link:label id="lab_bac_CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonthsNetOfTax_0385078074703D441A1AA3053543E2A7_terseLabel_en-US" xlink:label="lab_bac_CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonthsNetOfTax_0385078074703D441A1AA3053543E2A7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Cash Flow Hedge Gain (Loss) to be Reclassified within Twelve Months, Net of Tax </link:label>
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<link:loc xlink:href="bac-20111231.xsd#bac_CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonthsNetOfTax" xlink:label="loc_bac_CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonthsNetOfTax_0385078074703D441A1AA3053543E2A7" xlink:type="locator"/>
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<link:label id="lab_bac_NetInvestmentHedgeRelatedToForeignExchangeRiskExcludedFromAccumulatedOtherComprehensiveIncome_1BA5125BCE68A65E2C6EA3112F38AEA0_terseLabel_en-US" xlink:label="lab_bac_NetInvestmentHedgeRelatedToForeignExchangeRiskExcludedFromAccumulatedOtherComprehensiveIncome_1BA5125BCE68A65E2C6EA3112F38AEA0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net Investment Hedge Related to Foreign Exchange Risk Excluded From Accumulated Other Comprehensive Income </link:label>
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<link:label id="lab_bac_CashFlowHedgesAndNetInvestmentHedgesAbstract_E4C3B5D8DEEFDE92951AA300710827DC_label_en-US" xlink:label="lab_bac_CashFlowHedgesAndNetInvestmentHedgesAbstract_E4C3B5D8DEEFDE92951AA300710827DC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Cash Flow Hedges And Net Investment Hedges [Abstract] </link:label>
<link:label id="lab_bac_CashFlowHedgesAndNetInvestmentHedgesAbstract_E4C3B5D8DEEFDE92951AA300710827DC_documentation_en-US" xlink:label="lab_bac_CashFlowHedgesAndNetInvestmentHedgesAbstract_E4C3B5D8DEEFDE92951AA300710827DC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Cash flow hedges and net investment hedges. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_CashFlowHedgesAndNetInvestmentHedgesAbstract" xlink:label="loc_bac_CashFlowHedgesAndNetInvestmentHedgesAbstract_E4C3B5D8DEEFDE92951AA300710827DC" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet_23F37BED65CAA59B2F35A317854BE4DE_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet_23F37BED65CAA59B2F35A317854BE4DE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Gain (losses) Recognized in Accumulated OCI on Derivatives </link:label>
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<link:label id="lab_us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet_C88DCD6E15BA13BB09A7A317D93ABA4F_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet_C88DCD6E15BA13BB09A7A317D93ABA4F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Gains (losses) in Income Reclassified from Accumulated OCI </link:label>
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<link:label id="lab_us-gaap_CollateralizedSecuritiesOtherMember_32DDF283C1AD01552C3F91661B714952_terseLabel_en-US" xlink:label="lab_us-gaap_CollateralizedSecuritiesOtherMember_32DDF283C1AD01552C3F91661B714952" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Collateralized Securities, Other [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CollateralizedSecuritiesOtherMember" xlink:label="loc_us-gaap_CollateralizedSecuritiesOtherMember_32DDF283C1AD01552C3F91661B714952" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CollateralizedSecuritiesOtherMember_32DDF283C1AD01552C3F91661B714952" xlink:to="lab_us-gaap_CollateralizedSecuritiesOtherMember_32DDF283C1AD01552C3F91661B714952" xlink:type="arc"/>
<link:label id="lab_bac_ResecuritizationTrustsMember_A145B15C0847C4A7194891736C1FA63F_terseLabel_en-US" xlink:label="lab_bac_ResecuritizationTrustsMember_A145B15C0847C4A7194891736C1FA63F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Resecuritization Trusts [Member] </link:label>
<link:label id="lab_bac_ResecuritizationTrustsMember_A145B15C0847C4A7194891736C1FA63F_label_en-US" xlink:label="lab_bac_ResecuritizationTrustsMember_A145B15C0847C4A7194891736C1FA63F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Resecuritization Trusts [Member] </link:label>
<link:label id="lab_bac_ResecuritizationTrustsMember_A145B15C0847C4A7194891736C1FA63F_documentation_en-US" xlink:label="lab_bac_ResecuritizationTrustsMember_A145B15C0847C4A7194891736C1FA63F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Resecuritization vehicles. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ResecuritizationTrustsMember" xlink:label="loc_bac_ResecuritizationTrustsMember_A145B15C0847C4A7194891736C1FA63F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ResecuritizationTrustsMember_A145B15C0847C4A7194891736C1FA63F" xlink:to="lab_bac_ResecuritizationTrustsMember_A145B15C0847C4A7194891736C1FA63F" xlink:type="arc"/>
<link:label id="lab_us-gaap_MunicipalBondsMember_11F7823D98A764BB38B49173A538F63B_terseLabel_en-US" xlink:label="lab_us-gaap_MunicipalBondsMember_11F7823D98A764BB38B49173A538F63B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Municipal Bonds [Member] </link:label>
<link:label id="lab_us-gaap_MunicipalBondsMember_11F7823D98A764BB38B49173A538F63B_label_en-US" xlink:label="lab_us-gaap_MunicipalBondsMember_11F7823D98A764BB38B49173A538F63B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Municipal Bonds [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_MunicipalBondsMember" xlink:label="loc_us-gaap_MunicipalBondsMember_11F7823D98A764BB38B49173A538F63B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MunicipalBondsMember_11F7823D98A764BB38B49173A538F63B" xlink:to="lab_us-gaap_MunicipalBondsMember_11F7823D98A764BB38B49173A538F63B" xlink:type="arc"/>
<link:label id="lab_bac_AutomobileAndOtherSecuritizationTrustsMember_0A197E69C694965B62F29174678B38EA_terseLabel_en-US" xlink:label="lab_bac_AutomobileAndOtherSecuritizationTrustsMember_0A197E69C694965B62F29174678B38EA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Automobile And Other Securitization Trusts [Member] </link:label>
<link:label id="lab_bac_AutomobileAndOtherSecuritizationTrustsMember_0A197E69C694965B62F29174678B38EA_label_en-US" xlink:label="lab_bac_AutomobileAndOtherSecuritizationTrustsMember_0A197E69C694965B62F29174678B38EA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Automobile And Other Securitization Trusts [Member] </link:label>
<link:label id="lab_bac_AutomobileAndOtherSecuritizationTrustsMember_0A197E69C694965B62F29174678B38EA_documentation_en-US" xlink:label="lab_bac_AutomobileAndOtherSecuritizationTrustsMember_0A197E69C694965B62F29174678B38EA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Automobile, student loan and other securitization trusts. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_AutomobileAndOtherSecuritizationTrustsMember" xlink:label="loc_bac_AutomobileAndOtherSecuritizationTrustsMember_0A197E69C694965B62F29174678B38EA" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_AutomobileAndOtherSecuritizationTrustsMember_0A197E69C694965B62F29174678B38EA" xlink:to="lab_bac_AutomobileAndOtherSecuritizationTrustsMember_0A197E69C694965B62F29174678B38EA" xlink:type="arc"/>
<link:label id="lab_us-gaap_AutomobileLoanMember_BA94C1EFBD74B2CA1DDC919A65A9A5A5_terseLabel_en-US" xlink:label="lab_us-gaap_AutomobileLoanMember_BA94C1EFBD74B2CA1DDC919A65A9A5A5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Automobile Loan [Member] </link:label>
<link:label id="lab_us-gaap_AutomobileLoanMember_BA94C1EFBD74B2CA1DDC919A65A9A5A5_label_en-US" xlink:label="lab_us-gaap_AutomobileLoanMember_BA94C1EFBD74B2CA1DDC919A65A9A5A5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Automobile Loan [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AutomobileLoanMember" xlink:label="loc_us-gaap_AutomobileLoanMember_BA94C1EFBD74B2CA1DDC919A65A9A5A5" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AutomobileLoanMember_BA94C1EFBD74B2CA1DDC919A65A9A5A5" xlink:to="lab_us-gaap_AutomobileLoanMember_BA94C1EFBD74B2CA1DDC919A65A9A5A5" xlink:type="arc"/>
<link:label id="lab_bac_StudentLoanMember_7B2B9CF0374057C2DD93919CA98455EC_terseLabel_en-US" xlink:label="lab_bac_StudentLoanMember_7B2B9CF0374057C2DD93919CA98455EC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Student Loan [Member] </link:label>
<link:label id="lab_bac_StudentLoanMember_7B2B9CF0374057C2DD93919CA98455EC_label_en-US" xlink:label="lab_bac_StudentLoanMember_7B2B9CF0374057C2DD93919CA98455EC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Student Loan [Member] </link:label>
<link:label id="lab_bac_StudentLoanMember_7B2B9CF0374057C2DD93919CA98455EC_documentation_en-US" xlink:label="lab_bac_StudentLoanMember_7B2B9CF0374057C2DD93919CA98455EC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Student Loan [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_StudentLoanMember" xlink:label="loc_bac_StudentLoanMember_7B2B9CF0374057C2DD93919CA98455EC" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_StudentLoanMember_7B2B9CF0374057C2DD93919CA98455EC" xlink:to="lab_bac_StudentLoanMember_7B2B9CF0374057C2DD93919CA98455EC" xlink:type="arc"/>
<link:label id="lab_bac_OtherLoanAndReceivableMember_290D04FC046F404156A5919D0E16BBAD_terseLabel_en-US" xlink:label="lab_bac_OtherLoanAndReceivableMember_290D04FC046F404156A5919D0E16BBAD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other Loan and Receivable [Member] </link:label>
<link:label id="lab_bac_OtherLoanAndReceivableMember_290D04FC046F404156A5919D0E16BBAD_label_en-US" xlink:label="lab_bac_OtherLoanAndReceivableMember_290D04FC046F404156A5919D0E16BBAD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Loan and Receivable [Member] </link:label>
<link:label id="lab_bac_OtherLoanAndReceivableMember_290D04FC046F404156A5919D0E16BBAD_documentation_en-US" xlink:label="lab_bac_OtherLoanAndReceivableMember_290D04FC046F404156A5919D0E16BBAD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Other Loan and Receivable [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_OtherLoanAndReceivableMember" xlink:label="loc_bac_OtherLoanAndReceivableMember_290D04FC046F404156A5919D0E16BBAD" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_OtherLoanAndReceivableMember_290D04FC046F404156A5919D0E16BBAD" xlink:to="lab_bac_OtherLoanAndReceivableMember_290D04FC046F404156A5919D0E16BBAD" xlink:type="arc"/>
<link:label id="lab_us-gaap_RetainedInterestFairValueDisclosure_A05AADEA782BC13D091F9167F801106E_verboseLabel_en-US" xlink:label="lab_us-gaap_RetainedInterestFairValueDisclosure_A05AADEA782BC13D091F9167F801106E" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Residual interests held </link:label>
<link:label id="lab_us-gaap_RetainedInterestFairValueDisclosure_A05AADEA782BC13D091F9167F801106E_label_en-US" xlink:label="lab_us-gaap_RetainedInterestFairValueDisclosure_A05AADEA782BC13D091F9167F801106E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Retained Interest, Fair Value Disclosure </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_RetainedInterestFairValueDisclosure" xlink:label="loc_us-gaap_RetainedInterestFairValueDisclosure_A05AADEA782BC13D091F9167F801106E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RetainedInterestFairValueDisclosure_A05AADEA782BC13D091F9167F801106E" xlink:to="lab_us-gaap_RetainedInterestFairValueDisclosure_A05AADEA782BC13D091F9167F801106E" xlink:type="arc"/>
<link:label id="lab_us-gaap_SecuritizationFinancialAssetForWhichTransferIsAccountedAsSaleGainLossOnSale_249FE58127CECEC2CE27917FD9967B2C_terseLabel_en-US" xlink:label="lab_us-gaap_SecuritizationFinancialAssetForWhichTransferIsAccountedAsSaleGainLossOnSale_249FE58127CECEC2CE27917FD9967B2C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Securitization or Asset-backed Financing Arrangement, Financial Asset for which Transfer is Accounted as Sale, Gain (Loss) on Sale </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_SecuritizationFinancialAssetForWhichTransferIsAccountedAsSaleGainLossOnSale" xlink:label="loc_us-gaap_SecuritizationFinancialAssetForWhichTransferIsAccountedAsSaleGainLossOnSale_249FE58127CECEC2CE27917FD9967B2C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SecuritizationFinancialAssetForWhichTransferIsAccountedAsSaleGainLossOnSale_249FE58127CECEC2CE27917FD9967B2C" xlink:to="lab_us-gaap_SecuritizationFinancialAssetForWhichTransferIsAccountedAsSaleGainLossOnSale_249FE58127CECEC2CE27917FD9967B2C" xlink:type="arc"/>
<link:label id="lab_us-gaap_CashFlowsBetweenTransfereeAndTransferorProceedsFromNewTransfers_0FF8CD16E23D85275F09918CAABA8F9F_terseLabel_en-US" xlink:label="lab_us-gaap_CashFlowsBetweenTransfereeAndTransferorProceedsFromNewTransfers_0FF8CD16E23D85275F09918CAABA8F9F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Cash Flows Between Transferor and Transferee, Proceeds from New Transfers </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CashFlowsBetweenTransfereeAndTransferorProceedsFromNewTransfers" xlink:label="loc_us-gaap_CashFlowsBetweenTransfereeAndTransferorProceedsFromNewTransfers_0FF8CD16E23D85275F09918CAABA8F9F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashFlowsBetweenTransfereeAndTransferorProceedsFromNewTransfers_0FF8CD16E23D85275F09918CAABA8F9F" xlink:to="lab_us-gaap_CashFlowsBetweenTransfereeAndTransferorProceedsFromNewTransfers_0FF8CD16E23D85275F09918CAABA8F9F" xlink:type="arc"/>
<link:label id="lab_bac_WeightedAverageRemainingLifeOfBondsHeldInTrustsInYears_5B0E23FDEE87082331D2A4E3DDB96F30_terseLabel_en-US" xlink:label="lab_bac_WeightedAverageRemainingLifeOfBondsHeldInTrustsInYears_5B0E23FDEE87082331D2A4E3DDB96F30" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Weighted average remaining life of bonds held in the trusts in years </link:label>
<link:label id="lab_bac_WeightedAverageRemainingLifeOfBondsHeldInTrustsInYears_5B0E23FDEE87082331D2A4E3DDB96F30_label_en-US" xlink:label="lab_bac_WeightedAverageRemainingLifeOfBondsHeldInTrustsInYears_5B0E23FDEE87082331D2A4E3DDB96F30" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Weighted average remaining life of bonds held in the trusts in years </link:label>
<link:label id="lab_bac_WeightedAverageRemainingLifeOfBondsHeldInTrustsInYears_5B0E23FDEE87082331D2A4E3DDB96F30_documentation_en-US" xlink:label="lab_bac_WeightedAverageRemainingLifeOfBondsHeldInTrustsInYears_5B0E23FDEE87082331D2A4E3DDB96F30" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the weighted-average remaining life of bonds held in municipal bond trusts. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_WeightedAverageRemainingLifeOfBondsHeldInTrustsInYears" xlink:label="loc_bac_WeightedAverageRemainingLifeOfBondsHeldInTrustsInYears_5B0E23FDEE87082331D2A4E3DDB96F30" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_WeightedAverageRemainingLifeOfBondsHeldInTrustsInYears_5B0E23FDEE87082331D2A4E3DDB96F30" xlink:to="lab_bac_WeightedAverageRemainingLifeOfBondsHeldInTrustsInYears_5B0E23FDEE87082331D2A4E3DDB96F30" xlink:type="arc"/>
<link:label id="lab_us-gaap_QualitativeAndQuantitativeInformationAssetOrLiabilityTransferorsContinuingInvolvementSecuritizationOrAssetbackedFinancingPrincipalAmountOutstandingContinuedRecognitionAmount_8FC60842EBC840538FBB9197CEE31C46_terseLabel_en-US" xlink:label="lab_us-gaap_QualitativeAndQuantitativeInformationAssetOrLiabilityTransferorsContinuingInvolvementSecuritizationOrAssetbackedFinancingPrincipalAmountOutstandingContinuedRecognitionAmount_8FC60842EBC840538FBB9197CEE31C46" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Qualitative and Quantitative Information, Transferor's Continuing Involvement, Principal Amount Outstanding, Continued Recognition, Amount </link:label>
<link:label id="lab_us-gaap_QualitativeAndQuantitativeInformationAssetOrLiabilityTransferorsContinuingInvolvementSecuritizationOrAssetbackedFinancingPrincipalAmountOutstandingContinuedRecognitionAmount_8FC60842EBC840538FBB9197CEE31C46_label_en-US" xlink:label="lab_us-gaap_QualitativeAndQuantitativeInformationAssetOrLiabilityTransferorsContinuingInvolvementSecuritizationOrAssetbackedFinancingPrincipalAmountOutstandingContinuedRecognitionAmount_8FC60842EBC840538FBB9197CEE31C46" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Qualitative and Quantitative Information, Transferor's Continuing Involvement, Principal Amount Outstanding, Continued Recognition, Amount </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_QualitativeAndQuantitativeInformationAssetOrLiabilityTransferorsContinuingInvolvementSecuritizationOrAssetbackedFinancingPrincipalAmountOutstandingContinuedRecognitionAmount" xlink:label="loc_us-gaap_QualitativeAndQuantitativeInformationAssetOrLiabilityTransferorsContinuingInvolvementSecuritizationOrAssetbackedFinancingPrincipalAmountOutstandingContinuedRecognitionAmount_8FC60842EBC840538FBB9197CEE31C46" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanAmortizationOfNetGainsLosses_D1E6A7BE3EB217E8528CF975478EEC32_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAmortizationOfNetGainsLosses_D1E6A7BE3EB217E8528CF975478EEC32" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Net Actuarial (Gain) Loss </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanAmortizationOfNetGainsLosses_D1E6A7BE3EB217E8528CF975478EEC32_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAmortizationOfNetGainsLosses_D1E6A7BE3EB217E8528CF975478EEC32" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Amortization of Net Gains (Losses) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DefinedBenefitPlanAmortizationOfNetGainsLosses" xlink:label="loc_us-gaap_DefinedBenefitPlanAmortizationOfNetGainsLosses_D1E6A7BE3EB217E8528CF975478EEC32" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanAmortizationOfNetPriorServiceCostCredit_7C281359FED4C98D695FF976337229A5_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAmortizationOfNetPriorServiceCostCredit_7C281359FED4C98D695FF976337229A5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Prior Service Cost (Credit) </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanAmortizationOfNetPriorServiceCostCredit_7C281359FED4C98D695FF976337229A5_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAmortizationOfNetPriorServiceCostCredit_7C281359FED4C98D695FF976337229A5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Amortization of Net Prior Service Cost (Credit) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DefinedBenefitPlanAmortizationOfNetPriorServiceCostCredit" xlink:label="loc_us-gaap_DefinedBenefitPlanAmortizationOfNetPriorServiceCostCredit_7C281359FED4C98D695FF976337229A5" xlink:type="locator"/>
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<link:label id="lab_bac_DefinedBenefitPlanAmortizationOfNetTransitionAssetObligationPeriodCost_69B3ECE6ADF8A5F74567F976BA980572_terseLabel_en-US" xlink:label="lab_bac_DefinedBenefitPlanAmortizationOfNetTransitionAssetObligationPeriodCost_69B3ECE6ADF8A5F74567F976BA980572" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Transition Obligation </link:label>
<link:label id="lab_bac_DefinedBenefitPlanAmortizationOfNetTransitionAssetObligationPeriodCost_69B3ECE6ADF8A5F74567F976BA980572_label_en-US" xlink:label="lab_bac_DefinedBenefitPlanAmortizationOfNetTransitionAssetObligationPeriodCost_69B3ECE6ADF8A5F74567F976BA980572" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Amortization of Net Transition Asset (Obligation), Period Cost </link:label>
<link:label id="lab_bac_DefinedBenefitPlanAmortizationOfNetTransitionAssetObligationPeriodCost_69B3ECE6ADF8A5F74567F976BA980572_documentation_en-US" xlink:label="lab_bac_DefinedBenefitPlanAmortizationOfNetTransitionAssetObligationPeriodCost_69B3ECE6ADF8A5F74567F976BA980572" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Amortization of Net Transition Asset (Obligation), Period Cost </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_DefinedBenefitPlanAmortizationOfNetTransitionAssetObligationPeriodCost" xlink:label="loc_bac_DefinedBenefitPlanAmortizationOfNetTransitionAssetObligationPeriodCost_69B3ECE6ADF8A5F74567F976BA980572" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanAmountsThatWillBeAmortizedFromAccumulatedOtherComprehensiveIncomeLossInNextFiscalYear_06F8A067D50B2022E507F97731289548_totalLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAmountsThatWillBeAmortizedFromAccumulatedOtherComprehensiveIncomeLossInNextFiscalYear_06F8A067D50B2022E507F97731289548" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total Amortized from Accumulated OCI </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanAmountsThatWillBeAmortizedFromAccumulatedOtherComprehensiveIncomeLossInNextFiscalYear_06F8A067D50B2022E507F97731289548_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAmountsThatWillBeAmortizedFromAccumulatedOtherComprehensiveIncomeLossInNextFiscalYear_06F8A067D50B2022E507F97731289548" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Pension and Other Postretirement Benefit Plans, Amounts that Will be Amortized from Accumulated Other Comprehensive Income (Loss) in Next Fiscal Year </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DefinedBenefitPlanAmountsThatWillBeAmortizedFromAccumulatedOtherComprehensiveIncomeLossInNextFiscalYear" xlink:label="loc_us-gaap_DefinedBenefitPlanAmountsThatWillBeAmortizedFromAccumulatedOtherComprehensiveIncomeLossInNextFiscalYear_06F8A067D50B2022E507F97731289548" xlink:type="locator"/>
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<link:label id="lab_us-gaap_TradingActivitiesGainLossByTypeTable_F41BAA8EE392F2756086A408BA04D7F4_label_en-US" xlink:label="lab_us-gaap_TradingActivitiesGainLossByTypeTable_F41BAA8EE392F2756086A408BA04D7F4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Trading Activities, Gain and Losses, by Type, by Income Statement Location [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_TradingActivitiesGainLossByTypeTable" xlink:label="loc_us-gaap_TradingActivitiesGainLossByTypeTable_F41BAA8EE392F2756086A408BA04D7F4" xlink:type="locator"/>
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<link:label id="lab_us-gaap_TradingActivityByTypeAxis_CCA1EA6850914B8526E6A4096A224886_label_en-US" xlink:label="lab_us-gaap_TradingActivityByTypeAxis_CCA1EA6850914B8526E6A4096A224886" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Trading Activity, by Type [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_TradingActivityByTypeAxis" xlink:label="loc_us-gaap_TradingActivityByTypeAxis_CCA1EA6850914B8526E6A4096A224886" xlink:type="locator"/>
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<link:label id="lab_us-gaap_TradingActivityByTypeDomain_300BEE8FAF979712F4CCA409A44F5AD4_label_en-US" xlink:label="lab_us-gaap_TradingActivityByTypeDomain_300BEE8FAF979712F4CCA409A44F5AD4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Trading Activity, by Type [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_TradingActivityByTypeDomain" xlink:label="loc_us-gaap_TradingActivityByTypeDomain_300BEE8FAF979712F4CCA409A44F5AD4" xlink:type="locator"/>
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<link:label id="lab_bac_IncomeInterestRateMember_342A725059572F431881A40C619B4B91_label_en-US" xlink:label="lab_bac_IncomeInterestRateMember_342A725059572F431881A40C619B4B91" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Income Interest Rate [Member] </link:label>
<link:label id="lab_bac_IncomeInterestRateMember_342A725059572F431881A40C619B4B91_documentation_en-US" xlink:label="lab_bac_IncomeInterestRateMember_342A725059572F431881A40C619B4B91" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Trading in a derivative or nonderivative instrument that provides a return in the form of periodic payments of interest and eventual return of principal at maturity. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_IncomeInterestRateMember" xlink:label="loc_bac_IncomeInterestRateMember_342A725059572F431881A40C619B4B91" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ForeignExchangeMember_92AB2E5F588C55956658A4F9F3FD5CCB_label_en-US" xlink:label="lab_us-gaap_ForeignExchangeMember_92AB2E5F588C55956658A4F9F3FD5CCB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Foreign Exchange [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ForeignExchangeMember" xlink:label="loc_us-gaap_ForeignExchangeMember_92AB2E5F588C55956658A4F9F3FD5CCB" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CreditMember_59FF72DA4BFF7B349865A4FA449AEA55_label_en-US" xlink:label="lab_us-gaap_CreditMember_59FF72DA4BFF7B349865A4FA449AEA55" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Credit [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CreditMember" xlink:label="loc_us-gaap_CreditMember_59FF72DA4BFF7B349865A4FA449AEA55" xlink:type="locator"/>
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<link:label id="lab_us-gaap_OtherTradingMember_9DEA9FCE587A4E4F0DE0A4FA6DA7C5BF_label_en-US" xlink:label="lab_us-gaap_OtherTradingMember_9DEA9FCE587A4E4F0DE0A4FA6DA7C5BF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Trading [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_OtherTradingMember" xlink:label="loc_us-gaap_OtherTradingMember_9DEA9FCE587A4E4F0DE0A4FA6DA7C5BF" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherTradingMember_9DEA9FCE587A4E4F0DE0A4FA6DA7C5BF" xlink:to="lab_us-gaap_OtherTradingMember_9DEA9FCE587A4E4F0DE0A4FA6DA7C5BF" xlink:type="arc"/>
<link:label id="lab_bac_NetInterestIncomeMember_7B09D8BC9A28925291F6A513881FB9B8_label_en-US" xlink:label="lab_bac_NetInterestIncomeMember_7B09D8BC9A28925291F6A513881FB9B8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Net Interest Income [Member] </link:label>
<link:label id="lab_bac_NetInterestIncomeMember_7B09D8BC9A28925291F6A513881FB9B8_documentation_en-US" xlink:label="lab_bac_NetInterestIncomeMember_7B09D8BC9A28925291F6A513881FB9B8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Net Interest income received. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_NetInterestIncomeMember" xlink:label="loc_bac_NetInterestIncomeMember_7B09D8BC9A28925291F6A513881FB9B8" xlink:type="locator"/>
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<link:label id="lab_us-gaap_BrokerageCommissionsRevenue_498EB77B3B750C3145E9A60A34B1084D_terseLabel_en-US" xlink:label="lab_us-gaap_BrokerageCommissionsRevenue_498EB77B3B750C3145E9A60A34B1084D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Brokerage Commissions Revenue </link:label>
<link:label id="lab_us-gaap_BrokerageCommissionsRevenue_498EB77B3B750C3145E9A60A34B1084D_label_en-US" xlink:label="lab_us-gaap_BrokerageCommissionsRevenue_498EB77B3B750C3145E9A60A34B1084D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Brokerage Commissions Revenue </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_BrokerageCommissionsRevenue" xlink:label="loc_us-gaap_BrokerageCommissionsRevenue_498EB77B3B750C3145E9A60A34B1084D" xlink:type="locator"/>
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<link:label id="lab_bac_SalesAndTradingRevenueAbstract_1F8599B6371E30385FDDA5F665B6922F_label_en-US" xlink:label="lab_bac_SalesAndTradingRevenueAbstract_1F8599B6371E30385FDDA5F665B6922F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Sales and Trading Revenue [Abstract] </link:label>
<link:label id="lab_bac_SalesAndTradingRevenueAbstract_1F8599B6371E30385FDDA5F665B6922F_documentation_en-US" xlink:label="lab_bac_SalesAndTradingRevenueAbstract_1F8599B6371E30385FDDA5F665B6922F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Sales and Trading Revenue Abstract. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_SalesAndTradingRevenueAbstract" xlink:label="loc_bac_SalesAndTradingRevenueAbstract_1F8599B6371E30385FDDA5F665B6922F" xlink:type="locator"/>
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<link:label id="lab_us-gaap_TradingActivityGainsAndLossesNet_BE6F9C14F7FA1A74511BA5FF7FEF6552_label_en-US" xlink:label="lab_us-gaap_TradingActivityGainsAndLossesNet_BE6F9C14F7FA1A74511BA5FF7FEF6552" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Trading Activity, Gains and Losses, Net </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_TradingActivityGainsAndLossesNet" xlink:label="loc_us-gaap_TradingActivityGainsAndLossesNet_BE6F9C14F7FA1A74511BA5FF7FEF6552" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_FBFE7A3353E30950E1E4F22BF53C104A_label_en-US" xlink:label="lab_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_FBFE7A3353E30950E1E4F22BF53C104A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Accounts, Notes, Loans and Financing Receivable by Receivable Type [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis" xlink:label="loc_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_FBFE7A3353E30950E1E4F22BF53C104A" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ReceivableTypeDomain_1D90634F555D01307FA3F22BF68F1F67_label_en-US" xlink:label="lab_us-gaap_ReceivableTypeDomain_1D90634F555D01307FA3F22BF68F1F67" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Receivable Type [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="loc_us-gaap_ReceivableTypeDomain_1D90634F555D01307FA3F22BF68F1F67" xlink:type="locator"/>
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<link:label id="lab_us-gaap_LoansReceivableHeldForSaleAmount_F5CCCF1DD6A30D4E6C2D7C5A730055BA_terseLabel_en-US" xlink:label="lab_us-gaap_LoansReceivableHeldForSaleAmount_F5CCCF1DD6A30D4E6C2D7C5A730055BA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loans Receivable Held-for-sale, Amount </link:label>
<link:label id="lab_us-gaap_LoansReceivableHeldForSaleAmount_F5CCCF1DD6A30D4E6C2D7C5A730055BA_label_en-US" xlink:label="lab_us-gaap_LoansReceivableHeldForSaleAmount_F5CCCF1DD6A30D4E6C2D7C5A730055BA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loans Receivable Held-for-sale, Amount </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LoansReceivableHeldForSaleAmount" xlink:label="loc_us-gaap_LoansReceivableHeldForSaleAmount_F5CCCF1DD6A30D4E6C2D7C5A730055BA" xlink:type="locator"/>
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<link:label id="lab_bac_ProceedsFromSalesSecuritizationsAndPaydownsOfLoansHeldForSale_2512F16C28F7348920CF7C5D786FEADD_terseLabel_en-US" xlink:label="lab_bac_ProceedsFromSalesSecuritizationsAndPaydownsOfLoansHeldForSale_2512F16C28F7348920CF7C5D786FEADD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Proceeds from sales securitizations and paydowns of loans held for sale </link:label>
<link:label id="lab_bac_ProceedsFromSalesSecuritizationsAndPaydownsOfLoansHeldForSale_2512F16C28F7348920CF7C5D786FEADD_label_en-US" xlink:label="lab_bac_ProceedsFromSalesSecuritizationsAndPaydownsOfLoansHeldForSale_2512F16C28F7348920CF7C5D786FEADD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Proceeds from sales securitizations and paydowns of loans held for sale </link:label>
<link:label id="lab_bac_ProceedsFromSalesSecuritizationsAndPaydownsOfLoansHeldForSale_2512F16C28F7348920CF7C5D786FEADD_documentation_en-US" xlink:label="lab_bac_ProceedsFromSalesSecuritizationsAndPaydownsOfLoansHeldForSale_2512F16C28F7348920CF7C5D786FEADD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Proceeds from sales, securitizations and paydowns of loans held for sale. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ProceedsFromSalesSecuritizationsAndPaydownsOfLoansHeldForSale" xlink:label="loc_bac_ProceedsFromSalesSecuritizationsAndPaydownsOfLoansHeldForSale_2512F16C28F7348920CF7C5D786FEADD" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ProceedsFromSalesSecuritizationsAndPaydownsOfLoansHeldForSale_2512F16C28F7348920CF7C5D786FEADD" xlink:to="lab_bac_ProceedsFromSalesSecuritizationsAndPaydownsOfLoansHeldForSale_2512F16C28F7348920CF7C5D786FEADD" xlink:type="arc"/>
<link:label id="lab_bac_ProceedsUsedForOriginationsAndPurchaseOfLoanHeldForSale_6DAE125EBA004501FD1A7C60158A87E3_terseLabel_en-US" xlink:label="lab_bac_ProceedsUsedForOriginationsAndPurchaseOfLoanHeldForSale_6DAE125EBA004501FD1A7C60158A87E3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Proceeds used for originations and purchase of loan held for sale </link:label>
<link:label id="lab_bac_ProceedsUsedForOriginationsAndPurchaseOfLoanHeldForSale_6DAE125EBA004501FD1A7C60158A87E3_label_en-US" xlink:label="lab_bac_ProceedsUsedForOriginationsAndPurchaseOfLoanHeldForSale_6DAE125EBA004501FD1A7C60158A87E3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Proceeds used for originations and purchase of loan held for sale </link:label>
<link:label id="lab_bac_ProceedsUsedForOriginationsAndPurchaseOfLoanHeldForSale_6DAE125EBA004501FD1A7C60158A87E3_documentation_en-US" xlink:label="lab_bac_ProceedsUsedForOriginationsAndPurchaseOfLoanHeldForSale_6DAE125EBA004501FD1A7C60158A87E3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Proceeds used for originations and purchase of loan held for sale. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ProceedsUsedForOriginationsAndPurchaseOfLoanHeldForSale" xlink:label="loc_bac_ProceedsUsedForOriginationsAndPurchaseOfLoanHeldForSale_6DAE125EBA004501FD1A7C60158A87E3" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ProceedsUsedForOriginationsAndPurchaseOfLoanHeldForSale_6DAE125EBA004501FD1A7C60158A87E3" xlink:to="lab_bac_ProceedsUsedForOriginationsAndPurchaseOfLoanHeldForSale_6DAE125EBA004501FD1A7C60158A87E3" xlink:type="arc"/>
<link:label id="lab_bac_ThirtyToFiftyNineDaysPastDueMember_D6A20F28ED449A4253473F0B294531A3_label_en-US" xlink:label="lab_bac_ThirtyToFiftyNineDaysPastDueMember_D6A20F28ED449A4253473F0B294531A3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Thirty To Fifty Nine Days Past Due [Member] </link:label>
<link:label id="lab_bac_ThirtyToFiftyNineDaysPastDueMember_D6A20F28ED449A4253473F0B294531A3_documentation_en-US" xlink:label="lab_bac_ThirtyToFiftyNineDaysPastDueMember_D6A20F28ED449A4253473F0B294531A3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Thirty to Fifty Nine Days Past Due. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ThirtyToFiftyNineDaysPastDueMember" xlink:label="loc_bac_ThirtyToFiftyNineDaysPastDueMember_D6A20F28ED449A4253473F0B294531A3" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ThirtyToFiftyNineDaysPastDueMember_D6A20F28ED449A4253473F0B294531A3" xlink:to="lab_bac_ThirtyToFiftyNineDaysPastDueMember_D6A20F28ED449A4253473F0B294531A3" xlink:type="arc"/>
<link:label id="lab_bac_SixtyToEightyNineDaysPastDueMember_CD489E4BCD51D25F1DB63F0B2BCDE369_label_en-US" xlink:label="lab_bac_SixtyToEightyNineDaysPastDueMember_CD489E4BCD51D25F1DB63F0B2BCDE369" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Sixty To Eighty Nine Days Past Due [Member] </link:label>
<link:label id="lab_bac_SixtyToEightyNineDaysPastDueMember_CD489E4BCD51D25F1DB63F0B2BCDE369_documentation_en-US" xlink:label="lab_bac_SixtyToEightyNineDaysPastDueMember_CD489E4BCD51D25F1DB63F0B2BCDE369" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Sixty to Eighty Nine Days Past Due. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_SixtyToEightyNineDaysPastDueMember" xlink:label="loc_bac_SixtyToEightyNineDaysPastDueMember_CD489E4BCD51D25F1DB63F0B2BCDE369" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_SixtyToEightyNineDaysPastDueMember_CD489E4BCD51D25F1DB63F0B2BCDE369" xlink:to="lab_bac_SixtyToEightyNineDaysPastDueMember_CD489E4BCD51D25F1DB63F0B2BCDE369" xlink:type="arc"/>
<link:label id="lab_bac_PastDueThirtyDaysOrMoreMember_B2C3B28A67E6A5990DB33F0B2EA94CD7_label_en-US" xlink:label="lab_bac_PastDueThirtyDaysOrMoreMember_B2C3B28A67E6A5990DB33F0B2EA94CD7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Past Due Thirty Days Or More [Member] </link:label>
<link:label id="lab_bac_PastDueThirtyDaysOrMoreMember_B2C3B28A67E6A5990DB33F0B2EA94CD7_documentation_en-US" xlink:label="lab_bac_PastDueThirtyDaysOrMoreMember_B2C3B28A67E6A5990DB33F0B2EA94CD7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Past Due Thirty Days Or More. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PastDueThirtyDaysOrMoreMember" xlink:label="loc_bac_PastDueThirtyDaysOrMoreMember_B2C3B28A67E6A5990DB33F0B2EA94CD7" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_PastDueThirtyDaysOrMoreMember_B2C3B28A67E6A5990DB33F0B2EA94CD7" xlink:to="lab_bac_PastDueThirtyDaysOrMoreMember_B2C3B28A67E6A5990DB33F0B2EA94CD7" xlink:type="arc"/>
<link:label id="lab_bac_PurchasedCreditImpairedMember_B0A68B3B3C1C6F9038213F0B311EA1F5_label_en-US" xlink:label="lab_bac_PurchasedCreditImpairedMember_B0A68B3B3C1C6F9038213F0B311EA1F5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Purchased Credit-Impaired [Member] </link:label>
<link:label id="lab_bac_PurchasedCreditImpairedMember_B0A68B3B3C1C6F9038213F0B311EA1F5_documentation_en-US" xlink:label="lab_bac_PurchasedCreditImpairedMember_B0A68B3B3C1C6F9038213F0B311EA1F5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Purchased Credit- Impaired. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PurchasedCreditImpairedMember" xlink:label="loc_bac_PurchasedCreditImpairedMember_B0A68B3B3C1C6F9038213F0B311EA1F5" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_PurchasedCreditImpairedMember_B0A68B3B3C1C6F9038213F0B311EA1F5" xlink:to="lab_bac_PurchasedCreditImpairedMember_B0A68B3B3C1C6F9038213F0B311EA1F5" xlink:type="arc"/>
<link:label id="lab_bac_LoansMeasuredAtFairValueMember_3DE460DA5CA096A4BF963F0B32669BA6_label_en-US" xlink:label="lab_bac_LoansMeasuredAtFairValueMember_3DE460DA5CA096A4BF963F0B32669BA6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loans Measured at Fair Value [Member] </link:label>
<link:label id="lab_bac_LoansMeasuredAtFairValueMember_3DE460DA5CA096A4BF963F0B32669BA6_documentation_en-US" xlink:label="lab_bac_LoansMeasuredAtFairValueMember_3DE460DA5CA096A4BF963F0B32669BA6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Loans Measured at Fair Value Member. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_LoansMeasuredAtFairValueMember" xlink:label="loc_bac_LoansMeasuredAtFairValueMember_3DE460DA5CA096A4BF963F0B32669BA6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_LoansMeasuredAtFairValueMember_3DE460DA5CA096A4BF963F0B32669BA6" xlink:to="lab_bac_LoansMeasuredAtFairValueMember_3DE460DA5CA096A4BF963F0B32669BA6" xlink:type="arc"/>
<link:label id="lab_bac_MezzanineRiskProtection_0EDD501D0840DDA06E1C7CB73AA09F8D_terseLabel_en-US" xlink:label="lab_bac_MezzanineRiskProtection_0EDD501D0840DDA06E1C7CB73AA09F8D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Mezzanine risk protection </link:label>
<link:label id="lab_bac_MezzanineRiskProtection_0EDD501D0840DDA06E1C7CB73AA09F8D_label_en-US" xlink:label="lab_bac_MezzanineRiskProtection_0EDD501D0840DDA06E1C7CB73AA09F8D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Mezzanine risk protection </link:label>
<link:label id="lab_bac_MezzanineRiskProtection_0EDD501D0840DDA06E1C7CB73AA09F8D_documentation_en-US" xlink:label="lab_bac_MezzanineRiskProtection_0EDD501D0840DDA06E1C7CB73AA09F8D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Mezzanine risk protection on residential mortgages. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_MezzanineRiskProtection" xlink:label="loc_bac_MezzanineRiskProtection_0EDD501D0840DDA06E1C7CB73AA09F8D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_MezzanineRiskProtection_0EDD501D0840DDA06E1C7CB73AA09F8D" xlink:to="lab_bac_MezzanineRiskProtection_0EDD501D0840DDA06E1C7CB73AA09F8D" xlink:type="arc"/>
<link:label id="lab_bac_ForeignConsumerWithinDirectIndirectConsumerLoans_26C18F924437AB7CE0737CA99185D9EA_terseLabel_en-US" xlink:label="lab_bac_ForeignConsumerWithinDirectIndirectConsumerLoans_26C18F924437AB7CE0737CA99185D9EA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Foreign Consumer within Direct Indirect consumer loans </link:label>
<link:label id="lab_bac_ForeignConsumerWithinDirectIndirectConsumerLoans_26C18F924437AB7CE0737CA99185D9EA_label_en-US" xlink:label="lab_bac_ForeignConsumerWithinDirectIndirectConsumerLoans_26C18F924437AB7CE0737CA99185D9EA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Foreign Consumer within Direct Indirect consumer loans </link:label>
<link:label id="lab_bac_ForeignConsumerWithinDirectIndirectConsumerLoans_26C18F924437AB7CE0737CA99185D9EA_documentation_en-US" xlink:label="lab_bac_ForeignConsumerWithinDirectIndirectConsumerLoans_26C18F924437AB7CE0737CA99185D9EA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Foreign Consumer within Direct/Indirect consumer loans. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ForeignConsumerWithinDirectIndirectConsumerLoans" xlink:label="loc_bac_ForeignConsumerWithinDirectIndirectConsumerLoans_26C18F924437AB7CE0737CA99185D9EA" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ForeignConsumerWithinDirectIndirectConsumerLoans_26C18F924437AB7CE0737CA99185D9EA" xlink:to="lab_bac_ForeignConsumerWithinDirectIndirectConsumerLoans_26C18F924437AB7CE0737CA99185D9EA" xlink:type="arc"/>
<link:label id="lab_bac_LoansAndLeasesReceivableFullyInsuredLoans_6E5A5F6BE0143526D4C47CA50CC05B6C_terseLabel_en-US" xlink:label="lab_bac_LoansAndLeasesReceivableFullyInsuredLoans_6E5A5F6BE0143526D4C47CA50CC05B6C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loans And Leases Receivable Fully Insured Loans </link:label>
<link:label id="lab_bac_LoansAndLeasesReceivableFullyInsuredLoans_6E5A5F6BE0143526D4C47CA50CC05B6C_label_en-US" xlink:label="lab_bac_LoansAndLeasesReceivableFullyInsuredLoans_6E5A5F6BE0143526D4C47CA50CC05B6C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loans And Leases Receivable Fully Insured Loans </link:label>
<link:label id="lab_bac_LoansAndLeasesReceivableFullyInsuredLoans_6E5A5F6BE0143526D4C47CA50CC05B6C_documentation_en-US" xlink:label="lab_bac_LoansAndLeasesReceivableFullyInsuredLoans_6E5A5F6BE0143526D4C47CA50CC05B6C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Loans and leases receivable fully-insured loans. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_LoansAndLeasesReceivableFullyInsuredLoans" xlink:label="loc_bac_LoansAndLeasesReceivableFullyInsuredLoans_6E5A5F6BE0143526D4C47CA50CC05B6C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_LoansAndLeasesReceivableFullyInsuredLoans_6E5A5F6BE0143526D4C47CA50CC05B6C" xlink:to="lab_bac_LoansAndLeasesReceivableFullyInsuredLoans_6E5A5F6BE0143526D4C47CA50CC05B6C" xlink:type="arc"/>
<link:label id="lab_us-gaap_FinancingReceivableRecordedInvestment30To59DaysPastDue_E406936C47BDBEE2C5423F090B88F11C_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableRecordedInvestment30To59DaysPastDue_E406936C47BDBEE2C5423F090B88F11C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Financing Receivable, Recorded Investment, 30 to 59 Days Past Due </link:label>
<link:label id="lab_us-gaap_FinancingReceivableRecordedInvestment30To59DaysPastDue_E406936C47BDBEE2C5423F090B88F11C_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableRecordedInvestment30To59DaysPastDue_E406936C47BDBEE2C5423F090B88F11C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivable, Recorded Investment, 30 to 59 Days Past Due </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FinancingReceivableRecordedInvestment30To59DaysPastDue" xlink:label="loc_us-gaap_FinancingReceivableRecordedInvestment30To59DaysPastDue_E406936C47BDBEE2C5423F090B88F11C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingReceivableRecordedInvestment30To59DaysPastDue_E406936C47BDBEE2C5423F090B88F11C" xlink:to="lab_us-gaap_FinancingReceivableRecordedInvestment30To59DaysPastDue_E406936C47BDBEE2C5423F090B88F11C" xlink:type="arc"/>
<link:label id="lab_us-gaap_FinancingReceivableRecordedInvestment60To89DaysPastDue_038F603B6AEB501A1CA03F090E4C97DE_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableRecordedInvestment60To89DaysPastDue_038F603B6AEB501A1CA03F090E4C97DE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Financing Receivable, Recorded Investment, 60 to 89 Days Past Due </link:label>
<link:label id="lab_us-gaap_FinancingReceivableRecordedInvestment60To89DaysPastDue_038F603B6AEB501A1CA03F090E4C97DE_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableRecordedInvestment60To89DaysPastDue_038F603B6AEB501A1CA03F090E4C97DE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivable, Recorded Investment, 60 to 89 Days Past Due </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FinancingReceivableRecordedInvestment60To89DaysPastDue" xlink:label="loc_us-gaap_FinancingReceivableRecordedInvestment60To89DaysPastDue_038F603B6AEB501A1CA03F090E4C97DE" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingReceivableRecordedInvestment60To89DaysPastDue_038F603B6AEB501A1CA03F090E4C97DE" xlink:to="lab_us-gaap_FinancingReceivableRecordedInvestment60To89DaysPastDue_038F603B6AEB501A1CA03F090E4C97DE" xlink:type="arc"/>
<link:label id="lab_us-gaap_FinancingReceivableRecordedInvestmentEqualToGreaterThan90DaysPastDue_82E132C1F0386AC000223F0911C6F2FF_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableRecordedInvestmentEqualToGreaterThan90DaysPastDue_82E132C1F0386AC000223F0911C6F2FF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Financing Receivable, Recorded Investment, Equal to Greater than 90 Days Past Due </link:label>
<link:label id="lab_us-gaap_FinancingReceivableRecordedInvestmentEqualToGreaterThan90DaysPastDue_82E132C1F0386AC000223F0911C6F2FF_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableRecordedInvestmentEqualToGreaterThan90DaysPastDue_82E132C1F0386AC000223F0911C6F2FF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivable, Recorded Investment, Equal to Greater than 90 Days Past Due </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FinancingReceivableRecordedInvestmentEqualToGreaterThan90DaysPastDue" xlink:label="loc_us-gaap_FinancingReceivableRecordedInvestmentEqualToGreaterThan90DaysPastDue_82E132C1F0386AC000223F0911C6F2FF" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingReceivableRecordedInvestmentEqualToGreaterThan90DaysPastDue_82E132C1F0386AC000223F0911C6F2FF" xlink:to="lab_us-gaap_FinancingReceivableRecordedInvestmentEqualToGreaterThan90DaysPastDue_82E132C1F0386AC000223F0911C6F2FF" xlink:type="arc"/>
<link:label id="lab_bac_FinancingReceivableRecordedInvestmentPastDueExcluding1To29DaysPastDue_6B0B4EB3F81103B2BACF3F0914BD7467_totalLabel_en-US" xlink:label="lab_bac_FinancingReceivableRecordedInvestmentPastDueExcluding1To29DaysPastDue_6B0B4EB3F81103B2BACF3F0914BD7467" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Financing Receivable Recorded Investment Past Due Excluding 1 To 29 Days Past Due </link:label>
<link:label id="lab_bac_FinancingReceivableRecordedInvestmentPastDueExcluding1To29DaysPastDue_6B0B4EB3F81103B2BACF3F0914BD7467_label_en-US" xlink:label="lab_bac_FinancingReceivableRecordedInvestmentPastDueExcluding1To29DaysPastDue_6B0B4EB3F81103B2BACF3F0914BD7467" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivable Recorded Investment Past Due Excluding 1 To 29 Days Past Due </link:label>
<link:label id="lab_bac_FinancingReceivableRecordedInvestmentPastDueExcluding1To29DaysPastDue_6B0B4EB3F81103B2BACF3F0914BD7467_documentation_en-US" xlink:label="lab_bac_FinancingReceivableRecordedInvestmentPastDueExcluding1To29DaysPastDue_6B0B4EB3F81103B2BACF3F0914BD7467" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Recorded Investment in financing receivables that are past due, but exclude 1 to 29 days past due amounts, at the balance sheet date. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_FinancingReceivableRecordedInvestmentPastDueExcluding1To29DaysPastDue" xlink:label="loc_bac_FinancingReceivableRecordedInvestmentPastDueExcluding1To29DaysPastDue_6B0B4EB3F81103B2BACF3F0914BD7467" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_FinancingReceivableRecordedInvestmentPastDueExcluding1To29DaysPastDue_6B0B4EB3F81103B2BACF3F0914BD7467" xlink:to="lab_bac_FinancingReceivableRecordedInvestmentPastDueExcluding1To29DaysPastDue_6B0B4EB3F81103B2BACF3F0914BD7467" xlink:type="arc"/>
<link:label id="lab_bac_FinancingReceivableRecordedInvestmentCurrentAnd1To29DaysPastDue_8C8DD47B31DD0AA23A303F0917B49758_terseLabel_en-US" xlink:label="lab_bac_FinancingReceivableRecordedInvestmentCurrentAnd1To29DaysPastDue_8C8DD47B31DD0AA23A303F0917B49758" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Financing Receivable Recorded Investment Current And 1 To 29 Days Past Due </link:label>
<link:label id="lab_bac_FinancingReceivableRecordedInvestmentCurrentAnd1To29DaysPastDue_8C8DD47B31DD0AA23A303F0917B49758_label_en-US" xlink:label="lab_bac_FinancingReceivableRecordedInvestmentCurrentAnd1To29DaysPastDue_8C8DD47B31DD0AA23A303F0917B49758" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivable Recorded Investment Current And 1 To 29 Days Past Due </link:label>
<link:label id="lab_bac_FinancingReceivableRecordedInvestmentCurrentAnd1To29DaysPastDue_8C8DD47B31DD0AA23A303F0917B49758_documentation_en-US" xlink:label="lab_bac_FinancingReceivableRecordedInvestmentCurrentAnd1To29DaysPastDue_8C8DD47B31DD0AA23A303F0917B49758" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Financing receivables that are current and less than 30 days past due. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_FinancingReceivableRecordedInvestmentCurrentAnd1To29DaysPastDue" xlink:label="loc_bac_FinancingReceivableRecordedInvestmentCurrentAnd1To29DaysPastDue_8C8DD47B31DD0AA23A303F0917B49758" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_FinancingReceivableRecordedInvestmentCurrentAnd1To29DaysPastDue_8C8DD47B31DD0AA23A303F0917B49758" xlink:to="lab_bac_FinancingReceivableRecordedInvestmentCurrentAnd1To29DaysPastDue_8C8DD47B31DD0AA23A303F0917B49758" xlink:type="arc"/>
<link:label id="lab_us-gaap_LoansReceivableCommercialRealEstate_6BFCD5B9DDF67F6D0D087CAD1F30963F_terseLabel_en-US" xlink:label="lab_us-gaap_LoansReceivableCommercialRealEstate_6BFCD5B9DDF67F6D0D087CAD1F30963F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loans Receivable, Gross, Commercial, Real Estate </link:label>
<link:label id="lab_us-gaap_LoansReceivableCommercialRealEstate_6BFCD5B9DDF67F6D0D087CAD1F30963F_label_en-US" xlink:label="lab_us-gaap_LoansReceivableCommercialRealEstate_6BFCD5B9DDF67F6D0D087CAD1F30963F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loans Receivable, Gross, Commercial, Real Estate </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LoansReceivableCommercialRealEstate" xlink:label="loc_us-gaap_LoansReceivableCommercialRealEstate_6BFCD5B9DDF67F6D0D087CAD1F30963F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LoansReceivableCommercialRealEstate_6BFCD5B9DDF67F6D0D087CAD1F30963F" xlink:to="lab_us-gaap_LoansReceivableCommercialRealEstate_6BFCD5B9DDF67F6D0D087CAD1F30963F" xlink:type="arc"/>
<link:label id="lab_bac_NumberOfBasisPointOfOriginalPoolBalanceToBeRequiredToReimburseMezzanineRiskProtection_181408335DDD151FD94BF23D2549FD16_terseLabel_en-US" xlink:label="lab_bac_NumberOfBasisPointOfOriginalPoolBalanceToBeRequiredToReimburseMezzanineRiskProtection_181408335DDD151FD94BF23D2549FD16" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Number of Basis point of the original pool balance to be required to reimburse the Mezzanine risk protection </link:label>
<link:label id="lab_bac_NumberOfBasisPointOfOriginalPoolBalanceToBeRequiredToReimburseMezzanineRiskProtection_181408335DDD151FD94BF23D2549FD16_label_en-US" xlink:label="lab_bac_NumberOfBasisPointOfOriginalPoolBalanceToBeRequiredToReimburseMezzanineRiskProtection_181408335DDD151FD94BF23D2549FD16" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Number of Basis point of the original pool balance to be required to reimburse the Mezzanine risk protection </link:label>
<link:label id="lab_bac_NumberOfBasisPointOfOriginalPoolBalanceToBeRequiredToReimburseMezzanineRiskProtection_181408335DDD151FD94BF23D2549FD16_documentation_en-US" xlink:label="lab_bac_NumberOfBasisPointOfOriginalPoolBalanceToBeRequiredToReimburseMezzanineRiskProtection_181408335DDD151FD94BF23D2549FD16" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Number of Basis point of the original pool balance to be required to reimburse the Mezzanine risk protection. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_NumberOfBasisPointOfOriginalPoolBalanceToBeRequiredToReimburseMezzanineRiskProtection" xlink:label="loc_bac_NumberOfBasisPointOfOriginalPoolBalanceToBeRequiredToReimburseMezzanineRiskProtection_181408335DDD151FD94BF23D2549FD16" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_NumberOfBasisPointOfOriginalPoolBalanceToBeRequiredToReimburseMezzanineRiskProtection_181408335DDD151FD94BF23D2549FD16" xlink:to="lab_bac_NumberOfBasisPointOfOriginalPoolBalanceToBeRequiredToReimburseMezzanineRiskProtection_181408335DDD151FD94BF23D2549FD16" xlink:type="arc"/>
<link:label id="lab_bac_PercentOfOriginalPoolBalanceToBeRequiredToReimburseMezzanineRiskProtection_F73C420049ADCA7D98269662C94C6DA6_terseLabel_en-US" xlink:label="lab_bac_PercentOfOriginalPoolBalanceToBeRequiredToReimburseMezzanineRiskProtection_F73C420049ADCA7D98269662C94C6DA6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Percent of the original pool balance to be required to reimburse the Mezzanine risk protection </link:label>
<link:label id="lab_bac_PercentOfOriginalPoolBalanceToBeRequiredToReimburseMezzanineRiskProtection_F73C420049ADCA7D98269662C94C6DA6_label_en-US" xlink:label="lab_bac_PercentOfOriginalPoolBalanceToBeRequiredToReimburseMezzanineRiskProtection_F73C420049ADCA7D98269662C94C6DA6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Percent of the original pool balance to be required to reimburse the Mezzanine risk protection </link:label>
<link:label id="lab_bac_PercentOfOriginalPoolBalanceToBeRequiredToReimburseMezzanineRiskProtection_F73C420049ADCA7D98269662C94C6DA6_documentation_en-US" xlink:label="lab_bac_PercentOfOriginalPoolBalanceToBeRequiredToReimburseMezzanineRiskProtection_F73C420049ADCA7D98269662C94C6DA6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Percent of the original pool balance to be required to reimburse the Mezzanine risk protection </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PercentOfOriginalPoolBalanceToBeRequiredToReimburseMezzanineRiskProtection" xlink:label="loc_bac_PercentOfOriginalPoolBalanceToBeRequiredToReimburseMezzanineRiskProtection_F73C420049ADCA7D98269662C94C6DA6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_PercentOfOriginalPoolBalanceToBeRequiredToReimburseMezzanineRiskProtection_F73C420049ADCA7D98269662C94C6DA6" xlink:to="lab_bac_PercentOfOriginalPoolBalanceToBeRequiredToReimburseMezzanineRiskProtection_F73C420049ADCA7D98269662C94C6DA6" xlink:type="arc"/>
<link:label id="lab_us-gaap_FinancingReceivableAcquiredWithDeterioratedCreditQuality_7D1836C200DDD40732B73F096291E695_verboseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableAcquiredWithDeterioratedCreditQuality_7D1836C200DDD40732B73F096291E695" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Purchased Credit-Impaired </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FinancingReceivableAcquiredWithDeterioratedCreditQuality" xlink:label="loc_us-gaap_FinancingReceivableAcquiredWithDeterioratedCreditQuality_7D1836C200DDD40732B73F096291E695" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingReceivableAcquiredWithDeterioratedCreditQuality_7D1836C200DDD40732B73F096291E695" xlink:to="lab_us-gaap_FinancingReceivableAcquiredWithDeterioratedCreditQuality_7D1836C200DDD40732B73F096291E695" xlink:type="arc"/>
<link:label id="lab_us-gaap_LoansAndLeasesReceivableNetOfDeferredIncome_DAD64929A003B047D7503F091CAF8DA5_totalLabel_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableNetOfDeferredIncome_DAD64929A003B047D7503F091CAF8DA5" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Loans and Leases Receivable, Total Outstanding </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LoansAndLeasesReceivableNetOfDeferredIncome" xlink:label="loc_us-gaap_LoansAndLeasesReceivableNetOfDeferredIncome_DAD64929A003B047D7503F091CAF8DA5" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LoansAndLeasesReceivableNetOfDeferredIncome_DAD64929A003B047D7503F091CAF8DA5" xlink:to="lab_us-gaap_LoansAndLeasesReceivableNetOfDeferredIncome_DAD64929A003B047D7503F091CAF8DA5" xlink:type="arc"/>
<link:label id="lab_bac_LoansAndLeasesReceivableNetOfDeferredIncomeAndLoansAtFairValue_403F9B6FAF02515157B23F0B03B5CE6D_terseLabel_en-US" xlink:label="lab_bac_LoansAndLeasesReceivableNetOfDeferredIncomeAndLoansAtFairValue_403F9B6FAF02515157B23F0B03B5CE6D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loans and Leases Receivable, Net of Deferred Income and Loans At Fair Value </link:label>
<link:label id="lab_bac_LoansAndLeasesReceivableNetOfDeferredIncomeAndLoansAtFairValue_403F9B6FAF02515157B23F0B03B5CE6D_label_en-US" xlink:label="lab_bac_LoansAndLeasesReceivableNetOfDeferredIncomeAndLoansAtFairValue_403F9B6FAF02515157B23F0B03B5CE6D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loans and Leases Receivable, Net of Deferred Income and Loans At Fair Value </link:label>
<link:label id="lab_bac_LoansAndLeasesReceivableNetOfDeferredIncomeAndLoansAtFairValue_403F9B6FAF02515157B23F0B03B5CE6D_documentation_en-US" xlink:label="lab_bac_LoansAndLeasesReceivableNetOfDeferredIncomeAndLoansAtFairValue_403F9B6FAF02515157B23F0B03B5CE6D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Loans and Leases Receivable, Net of Deferred Income and Loans At Fair Value </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_LoansAndLeasesReceivableNetOfDeferredIncomeAndLoansAtFairValue" xlink:label="loc_bac_LoansAndLeasesReceivableNetOfDeferredIncomeAndLoansAtFairValue_403F9B6FAF02515157B23F0B03B5CE6D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_LoansAndLeasesReceivableNetOfDeferredIncomeAndLoansAtFairValue_403F9B6FAF02515157B23F0B03B5CE6D" xlink:to="lab_bac_LoansAndLeasesReceivableNetOfDeferredIncomeAndLoansAtFairValue_403F9B6FAF02515157B23F0B03B5CE6D" xlink:type="arc"/>
<link:label id="lab_bac_LoansAndLeasesReceivableNonperformingLoans_6C1C3A53D164490F015B7CA56ACFC99E_terseLabel_en-US" xlink:label="lab_bac_LoansAndLeasesReceivableNonperformingLoans_6C1C3A53D164490F015B7CA56ACFC99E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loans And Leases Receivable Nonperforming loans </link:label>
<link:label id="lab_bac_LoansAndLeasesReceivableNonperformingLoans_6C1C3A53D164490F015B7CA56ACFC99E_label_en-US" xlink:label="lab_bac_LoansAndLeasesReceivableNonperformingLoans_6C1C3A53D164490F015B7CA56ACFC99E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loans And Leases Receivable Nonperforming loans </link:label>
<link:label id="lab_bac_LoansAndLeasesReceivableNonperformingLoans_6C1C3A53D164490F015B7CA56ACFC99E_documentation_en-US" xlink:label="lab_bac_LoansAndLeasesReceivableNonperformingLoans_6C1C3A53D164490F015B7CA56ACFC99E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Loans And Leases Receivable Nonperforming loans. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_LoansAndLeasesReceivableNonperformingLoans" xlink:label="loc_bac_LoansAndLeasesReceivableNonperformingLoans_6C1C3A53D164490F015B7CA56ACFC99E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_LoansAndLeasesReceivableNonperformingLoans_6C1C3A53D164490F015B7CA56ACFC99E" xlink:to="lab_bac_LoansAndLeasesReceivableNonperformingLoans_6C1C3A53D164490F015B7CA56ACFC99E" xlink:type="arc"/>
<link:label id="lab_bac_LoansAndLeasesReceivablePurchasedCreditImpairedHomeLoansFromAcquisition_F9EE920C17D9BD40F1F17CB3ADE5F0C7_terseLabel_en-US" xlink:label="lab_bac_LoansAndLeasesReceivablePurchasedCreditImpairedHomeLoansFromAcquisition_F9EE920C17D9BD40F1F17CB3ADE5F0C7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loans and leases receivable Purchased Credit Impaired home loans from acquisition </link:label>
<link:label id="lab_bac_LoansAndLeasesReceivablePurchasedCreditImpairedHomeLoansFromAcquisition_F9EE920C17D9BD40F1F17CB3ADE5F0C7_label_en-US" xlink:label="lab_bac_LoansAndLeasesReceivablePurchasedCreditImpairedHomeLoansFromAcquisition_F9EE920C17D9BD40F1F17CB3ADE5F0C7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loans and leases receivable Purchased Credit Impaired home loans from acquisition </link:label>
<link:label id="lab_bac_LoansAndLeasesReceivablePurchasedCreditImpairedHomeLoansFromAcquisition_F9EE920C17D9BD40F1F17CB3ADE5F0C7_documentation_en-US" xlink:label="lab_bac_LoansAndLeasesReceivablePurchasedCreditImpairedHomeLoansFromAcquisition_F9EE920C17D9BD40F1F17CB3ADE5F0C7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Loans and leases receivable Purchased Credit Impaired home loans from acquisition. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_LoansAndLeasesReceivablePurchasedCreditImpairedHomeLoansFromAcquisition" xlink:label="loc_bac_LoansAndLeasesReceivablePurchasedCreditImpairedHomeLoansFromAcquisition_F9EE920C17D9BD40F1F17CB3ADE5F0C7" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_LoansAndLeasesReceivablePurchasedCreditImpairedHomeLoansFromAcquisition_F9EE920C17D9BD40F1F17CB3ADE5F0C7" xlink:to="lab_bac_LoansAndLeasesReceivablePurchasedCreditImpairedHomeLoansFromAcquisition_F9EE920C17D9BD40F1F17CB3ADE5F0C7" xlink:type="arc"/>
<link:label id="lab_bac_TroubledDebtRestructuringsRemovedFromLoanWithDeterioratedCredit_EB921F073A709A71C0847CA5CC247A44_terseLabel_en-US" xlink:label="lab_bac_TroubledDebtRestructuringsRemovedFromLoanWithDeterioratedCredit_EB921F073A709A71C0847CA5CC247A44" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Troubled Debt Restructurings Removed from Loan With Deteriorated Credit </link:label>
<link:label id="lab_bac_TroubledDebtRestructuringsRemovedFromLoanWithDeterioratedCredit_EB921F073A709A71C0847CA5CC247A44_label_en-US" xlink:label="lab_bac_TroubledDebtRestructuringsRemovedFromLoanWithDeterioratedCredit_EB921F073A709A71C0847CA5CC247A44" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Troubled Debt Restructurings Removed from Loan With Deteriorated Credit </link:label>
<link:label id="lab_bac_TroubledDebtRestructuringsRemovedFromLoanWithDeterioratedCredit_EB921F073A709A71C0847CA5CC247A44_documentation_en-US" xlink:label="lab_bac_TroubledDebtRestructuringsRemovedFromLoanWithDeterioratedCredit_EB921F073A709A71C0847CA5CC247A44" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Troubled Debt Restructurings Removed from Loan With Deteriorated Credit </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_TroubledDebtRestructuringsRemovedFromLoanWithDeterioratedCredit" xlink:label="loc_bac_TroubledDebtRestructuringsRemovedFromLoanWithDeterioratedCredit_EB921F073A709A71C0847CA5CC247A44" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_TroubledDebtRestructuringsRemovedFromLoanWithDeterioratedCredit_EB921F073A709A71C0847CA5CC247A44" xlink:to="lab_bac_TroubledDebtRestructuringsRemovedFromLoanWithDeterioratedCredit_EB921F073A709A71C0847CA5CC247A44" xlink:type="arc"/>
<link:label id="lab_bac_PayOptionLoans_105675AD02CB7ABD89C97CA78EFE3AD0_terseLabel_en-US" xlink:label="lab_bac_PayOptionLoans_105675AD02CB7ABD89C97CA78EFE3AD0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Pay option loans </link:label>
<link:label id="lab_bac_PayOptionLoans_105675AD02CB7ABD89C97CA78EFE3AD0_label_en-US" xlink:label="lab_bac_PayOptionLoans_105675AD02CB7ABD89C97CA78EFE3AD0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Pay option loans </link:label>
<link:label id="lab_bac_PayOptionLoans_105675AD02CB7ABD89C97CA78EFE3AD0_documentation_en-US" xlink:label="lab_bac_PayOptionLoans_105675AD02CB7ABD89C97CA78EFE3AD0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Pay option loans. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PayOptionLoans" xlink:label="loc_bac_PayOptionLoans_105675AD02CB7ABD89C97CA78EFE3AD0" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_PayOptionLoans_105675AD02CB7ABD89C97CA78EFE3AD0" xlink:to="lab_bac_PayOptionLoans_105675AD02CB7ABD89C97CA78EFE3AD0" xlink:type="arc"/>
<link:label id="lab_bac_SubprimeLoans_544713F9BAEF298551947CA81962C50B_terseLabel_en-US" xlink:label="lab_bac_SubprimeLoans_544713F9BAEF298551947CA81962C50B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Subprime loans </link:label>
<link:label id="lab_bac_SubprimeLoans_544713F9BAEF298551947CA81962C50B_label_en-US" xlink:label="lab_bac_SubprimeLoans_544713F9BAEF298551947CA81962C50B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Subprime loans </link:label>
<link:label id="lab_bac_SubprimeLoans_544713F9BAEF298551947CA81962C50B_documentation_en-US" xlink:label="lab_bac_SubprimeLoans_544713F9BAEF298551947CA81962C50B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Subprime loans in outstanding, discontinued consumer real estate loans. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_SubprimeLoans" xlink:label="loc_bac_SubprimeLoans_544713F9BAEF298551947CA81962C50B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_SubprimeLoans_544713F9BAEF298551947CA81962C50B" xlink:to="lab_bac_SubprimeLoans_544713F9BAEF298551947CA81962C50B" xlink:type="arc"/>
<link:label id="lab_bac_DealerFinancialServicesLoansInOutstandingDirectIndirectConsumerLoans_8266CF28ED8FEDE3F7077CA8B3918B0A_terseLabel_en-US" xlink:label="lab_bac_DealerFinancialServicesLoansInOutstandingDirectIndirectConsumerLoans_8266CF28ED8FEDE3F7077CA8B3918B0A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Dealer financial services loans in outstanding direct indirect consumer loans </link:label>
<link:label id="lab_bac_DealerFinancialServicesLoansInOutstandingDirectIndirectConsumerLoans_8266CF28ED8FEDE3F7077CA8B3918B0A_label_en-US" xlink:label="lab_bac_DealerFinancialServicesLoansInOutstandingDirectIndirectConsumerLoans_8266CF28ED8FEDE3F7077CA8B3918B0A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Dealer financial services loans in outstanding direct indirect consumer loans </link:label>
<link:label id="lab_bac_DealerFinancialServicesLoansInOutstandingDirectIndirectConsumerLoans_8266CF28ED8FEDE3F7077CA8B3918B0A_documentation_en-US" xlink:label="lab_bac_DealerFinancialServicesLoansInOutstandingDirectIndirectConsumerLoans_8266CF28ED8FEDE3F7077CA8B3918B0A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Dealer financial services loans in outstanding, direct/indirect consumer loans. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_DealerFinancialServicesLoansInOutstandingDirectIndirectConsumerLoans" xlink:label="loc_bac_DealerFinancialServicesLoansInOutstandingDirectIndirectConsumerLoans_8266CF28ED8FEDE3F7077CA8B3918B0A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_DealerFinancialServicesLoansInOutstandingDirectIndirectConsumerLoans_8266CF28ED8FEDE3F7077CA8B3918B0A" xlink:to="lab_bac_DealerFinancialServicesLoansInOutstandingDirectIndirectConsumerLoans_8266CF28ED8FEDE3F7077CA8B3918B0A" xlink:type="arc"/>
<link:label id="lab_bac_ConsumerLendingWithinDirectIndirectConsumerLoans_582B5D76C283CA4C3E6C7CA93702E1B1_terseLabel_en-US" xlink:label="lab_bac_ConsumerLendingWithinDirectIndirectConsumerLoans_582B5D76C283CA4C3E6C7CA93702E1B1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Consumer Lending within Direct Indirect consumer loans </link:label>
<link:label id="lab_bac_ConsumerLendingWithinDirectIndirectConsumerLoans_582B5D76C283CA4C3E6C7CA93702E1B1_label_en-US" xlink:label="lab_bac_ConsumerLendingWithinDirectIndirectConsumerLoans_582B5D76C283CA4C3E6C7CA93702E1B1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Consumer Lending within Direct Indirect consumer loans </link:label>
<link:label id="lab_bac_ConsumerLendingWithinDirectIndirectConsumerLoans_582B5D76C283CA4C3E6C7CA93702E1B1_documentation_en-US" xlink:label="lab_bac_ConsumerLendingWithinDirectIndirectConsumerLoans_582B5D76C283CA4C3E6C7CA93702E1B1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Consumer Lending within Direct/Indirect consumer loans. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ConsumerLendingWithinDirectIndirectConsumerLoans" xlink:label="loc_bac_ConsumerLendingWithinDirectIndirectConsumerLoans_582B5D76C283CA4C3E6C7CA93702E1B1" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ConsumerLendingWithinDirectIndirectConsumerLoans_582B5D76C283CA4C3E6C7CA93702E1B1" xlink:to="lab_bac_ConsumerLendingWithinDirectIndirectConsumerLoans_582B5D76C283CA4C3E6C7CA93702E1B1" xlink:type="arc"/>
<link:label id="lab_bac_OtherConsumerLoansWithinDirectIndirectConsumerLoans_F9A7093613D32B08AD3F7CA9E4E7D4E1_terseLabel_en-US" xlink:label="lab_bac_OtherConsumerLoansWithinDirectIndirectConsumerLoans_F9A7093613D32B08AD3F7CA9E4E7D4E1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other Consumer Loans within Direct Indirect consumer loans </link:label>
<link:label id="lab_bac_OtherConsumerLoansWithinDirectIndirectConsumerLoans_F9A7093613D32B08AD3F7CA9E4E7D4E1_label_en-US" xlink:label="lab_bac_OtherConsumerLoansWithinDirectIndirectConsumerLoans_F9A7093613D32B08AD3F7CA9E4E7D4E1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Consumer Loans within Direct Indirect consumer loans </link:label>
<link:label id="lab_bac_OtherConsumerLoansWithinDirectIndirectConsumerLoans_F9A7093613D32B08AD3F7CA9E4E7D4E1_documentation_en-US" xlink:label="lab_bac_OtherConsumerLoansWithinDirectIndirectConsumerLoans_F9A7093613D32B08AD3F7CA9E4E7D4E1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Other Consumer Loans within Direct/Indirect consumer loans. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_OtherConsumerLoansWithinDirectIndirectConsumerLoans" xlink:label="loc_bac_OtherConsumerLoansWithinDirectIndirectConsumerLoans_F9A7093613D32B08AD3F7CA9E4E7D4E1" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_OtherConsumerLoansWithinDirectIndirectConsumerLoans_F9A7093613D32B08AD3F7CA9E4E7D4E1" xlink:to="lab_bac_OtherConsumerLoansWithinDirectIndirectConsumerLoans_F9A7093613D32B08AD3F7CA9E4E7D4E1" xlink:type="arc"/>
<link:label id="lab_bac_DomesticSecuritiesBasedLendingMarginLoansWithinDirectIndirectConsumerLoans_BB607EA06EF2A7FD7A8F7CAA4A6D7FCB_terseLabel_en-US" xlink:label="lab_bac_DomesticSecuritiesBasedLendingMarginLoansWithinDirectIndirectConsumerLoans_BB607EA06EF2A7FD7A8F7CAA4A6D7FCB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Domestic Securities based lending margin loans within direct indirect consumer loans </link:label>
<link:label id="lab_bac_DomesticSecuritiesBasedLendingMarginLoansWithinDirectIndirectConsumerLoans_BB607EA06EF2A7FD7A8F7CAA4A6D7FCB_label_en-US" xlink:label="lab_bac_DomesticSecuritiesBasedLendingMarginLoansWithinDirectIndirectConsumerLoans_BB607EA06EF2A7FD7A8F7CAA4A6D7FCB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Domestic Securities based lending margin loans within direct indirect consumer loans </link:label>
<link:label id="lab_bac_DomesticSecuritiesBasedLendingMarginLoansWithinDirectIndirectConsumerLoans_BB607EA06EF2A7FD7A8F7CAA4A6D7FCB_documentation_en-US" xlink:label="lab_bac_DomesticSecuritiesBasedLendingMarginLoansWithinDirectIndirectConsumerLoans_BB607EA06EF2A7FD7A8F7CAA4A6D7FCB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Domestic Securities-based lending margin loans within direct/indirect consumer loans. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_DomesticSecuritiesBasedLendingMarginLoansWithinDirectIndirectConsumerLoans" xlink:label="loc_bac_DomesticSecuritiesBasedLendingMarginLoansWithinDirectIndirectConsumerLoans_BB607EA06EF2A7FD7A8F7CAA4A6D7FCB" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_DomesticSecuritiesBasedLendingMarginLoansWithinDirectIndirectConsumerLoans_BB607EA06EF2A7FD7A8F7CAA4A6D7FCB" xlink:to="lab_bac_DomesticSecuritiesBasedLendingMarginLoansWithinDirectIndirectConsumerLoans_BB607EA06EF2A7FD7A8F7CAA4A6D7FCB" xlink:type="arc"/>
<link:label id="lab_bac_StudentLoansWithinDirectIndirectConsumerLoans_97F78E1B32208ACDAC157CAAE71228CA_terseLabel_en-US" xlink:label="lab_bac_StudentLoansWithinDirectIndirectConsumerLoans_97F78E1B32208ACDAC157CAAE71228CA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Student Loans within Direct Indirect consumer loans </link:label>
<link:label id="lab_bac_StudentLoansWithinDirectIndirectConsumerLoans_97F78E1B32208ACDAC157CAAE71228CA_label_en-US" xlink:label="lab_bac_StudentLoansWithinDirectIndirectConsumerLoans_97F78E1B32208ACDAC157CAAE71228CA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Student Loans within Direct Indirect consumer loans </link:label>
<link:label id="lab_bac_StudentLoansWithinDirectIndirectConsumerLoans_97F78E1B32208ACDAC157CAAE71228CA_documentation_en-US" xlink:label="lab_bac_StudentLoansWithinDirectIndirectConsumerLoans_97F78E1B32208ACDAC157CAAE71228CA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Student Loans within Direct Indirect consumer loans. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_StudentLoansWithinDirectIndirectConsumerLoans" xlink:label="loc_bac_StudentLoansWithinDirectIndirectConsumerLoans_97F78E1B32208ACDAC157CAAE71228CA" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_StudentLoansWithinDirectIndirectConsumerLoans_97F78E1B32208ACDAC157CAAE71228CA" xlink:to="lab_bac_StudentLoansWithinDirectIndirectConsumerLoans_97F78E1B32208ACDAC157CAAE71228CA" xlink:type="arc"/>
<link:label id="lab_bac_ConsumerFinance_2EF9814A3F42B125322F7CAB43507A76_terseLabel_en-US" xlink:label="lab_bac_ConsumerFinance_2EF9814A3F42B125322F7CAB43507A76" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Consumer Finance </link:label>
<link:label id="lab_bac_ConsumerFinance_2EF9814A3F42B125322F7CAB43507A76_label_en-US" xlink:label="lab_bac_ConsumerFinance_2EF9814A3F42B125322F7CAB43507A76" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Consumer Finance </link:label>
<link:label id="lab_bac_ConsumerFinance_2EF9814A3F42B125322F7CAB43507A76_documentation_en-US" xlink:label="lab_bac_ConsumerFinance_2EF9814A3F42B125322F7CAB43507A76" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Consumer Finance </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ConsumerFinance" xlink:label="loc_bac_ConsumerFinance_2EF9814A3F42B125322F7CAB43507A76" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ConsumerFinance_2EF9814A3F42B125322F7CAB43507A76" xlink:to="lab_bac_ConsumerFinance_2EF9814A3F42B125322F7CAB43507A76" xlink:type="arc"/>
<link:label id="lab_bac_ConsumerOverdrafts_5C4DA3116F5F78EED9337CABC7AB40DE_terseLabel_en-US" xlink:label="lab_bac_ConsumerOverdrafts_5C4DA3116F5F78EED9337CABC7AB40DE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Consumer Overdrafts </link:label>
<link:label id="lab_bac_ConsumerOverdrafts_5C4DA3116F5F78EED9337CABC7AB40DE_label_en-US" xlink:label="lab_bac_ConsumerOverdrafts_5C4DA3116F5F78EED9337CABC7AB40DE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Consumer Overdrafts </link:label>
<link:label id="lab_bac_ConsumerOverdrafts_5C4DA3116F5F78EED9337CABC7AB40DE_documentation_en-US" xlink:label="lab_bac_ConsumerOverdrafts_5C4DA3116F5F78EED9337CABC7AB40DE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Consumer Overdrafts </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ConsumerOverdrafts" xlink:label="loc_bac_ConsumerOverdrafts_5C4DA3116F5F78EED9337CABC7AB40DE" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ConsumerOverdrafts_5C4DA3116F5F78EED9337CABC7AB40DE" xlink:to="lab_bac_ConsumerOverdrafts_5C4DA3116F5F78EED9337CABC7AB40DE" xlink:type="arc"/>
<link:label id="lab_bac_ReceivablesFromSyntheticSecuritizationsForReimbursementOfLosses_235C5BAF94621386C2277CB73AC6E568_terseLabel_en-US" xlink:label="lab_bac_ReceivablesFromSyntheticSecuritizationsForReimbursementOfLosses_235C5BAF94621386C2277CB73AC6E568" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Receivables from synthetic securitizations for reimbursement of losses </link:label>
<link:label id="lab_bac_ReceivablesFromSyntheticSecuritizationsForReimbursementOfLosses_235C5BAF94621386C2277CB73AC6E568_label_en-US" xlink:label="lab_bac_ReceivablesFromSyntheticSecuritizationsForReimbursementOfLosses_235C5BAF94621386C2277CB73AC6E568" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Receivables from synthetic securitizations for reimbursement of losses </link:label>
<link:label id="lab_bac_ReceivablesFromSyntheticSecuritizationsForReimbursementOfLosses_235C5BAF94621386C2277CB73AC6E568_documentation_en-US" xlink:label="lab_bac_ReceivablesFromSyntheticSecuritizationsForReimbursementOfLosses_235C5BAF94621386C2277CB73AC6E568" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Receivables from synthetic securitizations for reimbursement of losses. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ReceivablesFromSyntheticSecuritizationsForReimbursementOfLosses" xlink:label="loc_bac_ReceivablesFromSyntheticSecuritizationsForReimbursementOfLosses_235C5BAF94621386C2277CB73AC6E568" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ReceivablesFromSyntheticSecuritizationsForReimbursementOfLosses_235C5BAF94621386C2277CB73AC6E568" xlink:to="lab_bac_ReceivablesFromSyntheticSecuritizationsForReimbursementOfLosses_235C5BAF94621386C2277CB73AC6E568" xlink:type="arc"/>
<link:label id="lab_bac_ResidentialMortgageLoansUnderMezzanineRiskProtectionAgreements_DC6C9B19D15B788A54887CB73AED3F04_terseLabel_en-US" xlink:label="lab_bac_ResidentialMortgageLoansUnderMezzanineRiskProtectionAgreements_DC6C9B19D15B788A54887CB73AED3F04" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Residential Mortgage loans under mezzanine risk protection agreements </link:label>
<link:label id="lab_bac_ResidentialMortgageLoansUnderMezzanineRiskProtectionAgreements_DC6C9B19D15B788A54887CB73AED3F04_label_en-US" xlink:label="lab_bac_ResidentialMortgageLoansUnderMezzanineRiskProtectionAgreements_DC6C9B19D15B788A54887CB73AED3F04" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Residential Mortgage loans under mezzanine risk protection agreements </link:label>
<link:label id="lab_bac_ResidentialMortgageLoansUnderMezzanineRiskProtectionAgreements_DC6C9B19D15B788A54887CB73AED3F04_documentation_en-US" xlink:label="lab_bac_ResidentialMortgageLoansUnderMezzanineRiskProtectionAgreements_DC6C9B19D15B788A54887CB73AED3F04" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Residential Mortgage loans under mezzanine risk protection agreements. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ResidentialMortgageLoansUnderMezzanineRiskProtectionAgreements" xlink:label="loc_bac_ResidentialMortgageLoansUnderMezzanineRiskProtectionAgreements_DC6C9B19D15B788A54887CB73AED3F04" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ResidentialMortgageLoansUnderMezzanineRiskProtectionAgreements_DC6C9B19D15B788A54887CB73AED3F04" xlink:to="lab_bac_ResidentialMortgageLoansUnderMezzanineRiskProtectionAgreements_DC6C9B19D15B788A54887CB73AED3F04" xlink:type="arc"/>
<link:label id="lab_bac_UnpaidPrincipalBalanceOfLoansCoveredByProtectionAgreements_0BE40A5EFB864F89EBE587423EDE24EB_terseLabel_en-US" xlink:label="lab_bac_UnpaidPrincipalBalanceOfLoansCoveredByProtectionAgreements_0BE40A5EFB864F89EBE587423EDE24EB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Unpaid Principal Balance of Loans Covered by Protection Agreements </link:label>
<link:label id="lab_bac_UnpaidPrincipalBalanceOfLoansCoveredByProtectionAgreements_0BE40A5EFB864F89EBE587423EDE24EB_label_en-US" xlink:label="lab_bac_UnpaidPrincipalBalanceOfLoansCoveredByProtectionAgreements_0BE40A5EFB864F89EBE587423EDE24EB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Unpaid Principal Balance of Loans Covered by Protection Agreements </link:label>
<link:label id="lab_bac_UnpaidPrincipalBalanceOfLoansCoveredByProtectionAgreements_0BE40A5EFB864F89EBE587423EDE24EB_documentation_en-US" xlink:label="lab_bac_UnpaidPrincipalBalanceOfLoansCoveredByProtectionAgreements_0BE40A5EFB864F89EBE587423EDE24EB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Unpaid Principal Balance of Loans Covered by Protection Agreements </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_UnpaidPrincipalBalanceOfLoansCoveredByProtectionAgreements" xlink:label="loc_bac_UnpaidPrincipalBalanceOfLoansCoveredByProtectionAgreements_0BE40A5EFB864F89EBE587423EDE24EB" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_UnpaidPrincipalBalanceOfLoansCoveredByProtectionAgreements_0BE40A5EFB864F89EBE587423EDE24EB" xlink:to="lab_bac_UnpaidPrincipalBalanceOfLoansCoveredByProtectionAgreements_0BE40A5EFB864F89EBE587423EDE24EB" xlink:type="arc"/>
<link:label id="lab_bac_SecuritiesByPriorityClassificationAxis_0434D30840CCBE7CF5F5D0D4FB09F3C0_label_en-US" xlink:label="lab_bac_SecuritiesByPriorityClassificationAxis_0434D30840CCBE7CF5F5D0D4FB09F3C0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities by Priority Classification [Axis] </link:label>
<link:label id="lab_bac_SecuritiesByPriorityClassificationAxis_0434D30840CCBE7CF5F5D0D4FB09F3C0_documentation_en-US" xlink:label="lab_bac_SecuritiesByPriorityClassificationAxis_0434D30840CCBE7CF5F5D0D4FB09F3C0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Securities by Priority Classification [Axis] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_SecuritiesByPriorityClassificationAxis" xlink:label="loc_bac_SecuritiesByPriorityClassificationAxis_0434D30840CCBE7CF5F5D0D4FB09F3C0" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_SecuritiesByPriorityClassificationAxis_0434D30840CCBE7CF5F5D0D4FB09F3C0" xlink:to="lab_bac_SecuritiesByPriorityClassificationAxis_0434D30840CCBE7CF5F5D0D4FB09F3C0" xlink:type="arc"/>
<link:label id="lab_bac_SecuritiesByPriorityClassificationDomain_3848BF5CE081EC3BC188D0D69C1BAA03_label_en-US" xlink:label="lab_bac_SecuritiesByPriorityClassificationDomain_3848BF5CE081EC3BC188D0D69C1BAA03" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities by Priority Classification [Domain] </link:label>
<link:label id="lab_bac_SecuritiesByPriorityClassificationDomain_3848BF5CE081EC3BC188D0D69C1BAA03_documentation_en-US" xlink:label="lab_bac_SecuritiesByPriorityClassificationDomain_3848BF5CE081EC3BC188D0D69C1BAA03" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Securities by Priority Classification [Domain] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_SecuritiesByPriorityClassificationDomain" xlink:label="loc_bac_SecuritiesByPriorityClassificationDomain_3848BF5CE081EC3BC188D0D69C1BAA03" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_SecuritiesByPriorityClassificationDomain_3848BF5CE081EC3BC188D0D69C1BAA03" xlink:to="lab_bac_SecuritiesByPriorityClassificationDomain_3848BF5CE081EC3BC188D0D69C1BAA03" xlink:type="arc"/>
<link:label id="lab_bac_SeniorSecuritiesMember_70972487976C3DB15557D0D57E1F052B_label_en-US" xlink:label="lab_bac_SeniorSecuritiesMember_70972487976C3DB15557D0D57E1F052B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Senior Securities [Member] </link:label>
<link:label id="lab_bac_SeniorSecuritiesMember_70972487976C3DB15557D0D57E1F052B_documentation_en-US" xlink:label="lab_bac_SeniorSecuritiesMember_70972487976C3DB15557D0D57E1F052B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Senior Securities [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_SeniorSecuritiesMember" xlink:label="loc_bac_SeniorSecuritiesMember_70972487976C3DB15557D0D57E1F052B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_SeniorSecuritiesMember_70972487976C3DB15557D0D57E1F052B" xlink:to="lab_bac_SeniorSecuritiesMember_70972487976C3DB15557D0D57E1F052B" xlink:type="arc"/>
<link:label id="lab_bac_SubordinateSecuritiesMember_B82999DB6F0CA8BBCBB4D0D605C4392E_label_en-US" xlink:label="lab_bac_SubordinateSecuritiesMember_B82999DB6F0CA8BBCBB4D0D605C4392E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Subordinate Securities [Member] </link:label>
<link:label id="lab_bac_SubordinateSecuritiesMember_B82999DB6F0CA8BBCBB4D0D605C4392E_documentation_en-US" xlink:label="lab_bac_SubordinateSecuritiesMember_B82999DB6F0CA8BBCBB4D0D605C4392E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Subordinate Securities [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_SubordinateSecuritiesMember" xlink:label="loc_bac_SubordinateSecuritiesMember_B82999DB6F0CA8BBCBB4D0D605C4392E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_SubordinateSecuritiesMember_B82999DB6F0CA8BBCBB4D0D605C4392E" xlink:to="lab_bac_SubordinateSecuritiesMember_B82999DB6F0CA8BBCBB4D0D605C4392E" xlink:type="arc"/>
<link:label id="lab_bac_NumberOfSecuritiesEntityHasLossSharingReinsuranceObligation_7369FF08E9E13106FFC0D08C2C67E502_terseLabel_en-US" xlink:label="lab_bac_NumberOfSecuritiesEntityHasLossSharingReinsuranceObligation_7369FF08E9E13106FFC0D08C2C67E502" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Number of Securities, Entity has a Loss Sharing Reinsurance Obligation </link:label>
<link:label id="lab_bac_NumberOfSecuritiesEntityHasLossSharingReinsuranceObligation_7369FF08E9E13106FFC0D08C2C67E502_label_en-US" xlink:label="lab_bac_NumberOfSecuritiesEntityHasLossSharingReinsuranceObligation_7369FF08E9E13106FFC0D08C2C67E502" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Number of Securities, Entity has a Loss Sharing Reinsurance Obligation </link:label>
<link:label id="lab_bac_NumberOfSecuritiesEntityHasLossSharingReinsuranceObligation_7369FF08E9E13106FFC0D08C2C67E502_documentation_en-US" xlink:label="lab_bac_NumberOfSecuritiesEntityHasLossSharingReinsuranceObligation_7369FF08E9E13106FFC0D08C2C67E502" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Number of Securities, Entity has a Loss Sharing Reinsurance Obligation </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_NumberOfSecuritiesEntityHasLossSharingReinsuranceObligation" xlink:label="loc_bac_NumberOfSecuritiesEntityHasLossSharingReinsuranceObligation_7369FF08E9E13106FFC0D08C2C67E502" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_NumberOfSecuritiesEntityHasLossSharingReinsuranceObligation_7369FF08E9E13106FFC0D08C2C67E502" xlink:to="lab_bac_NumberOfSecuritiesEntityHasLossSharingReinsuranceObligation_7369FF08E9E13106FFC0D08C2C67E502" xlink:type="arc"/>
<link:label id="lab_us-gaap_ScheduleOfFiniteLivedIntangibleAssetsByMajorClassTable_6CE405190B7EE2C9E50C3D1633E9485E_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfFiniteLivedIntangibleAssetsByMajorClassTable_6CE405190B7EE2C9E50C3D1633E9485E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Finite-Lived Intangible Assets by Major Class [Table] </link:label>
<link:label id="lab_us-gaap_ScheduleOfFiniteLivedIntangibleAssetsByMajorClassTable_6CE405190B7EE2C9E50C3D1633E9485E_label_en-US" xlink:label="lab_us-gaap_ScheduleOfFiniteLivedIntangibleAssetsByMajorClassTable_6CE405190B7EE2C9E50C3D1633E9485E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Finite-Lived Intangible Assets by Major Class [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ScheduleOfFiniteLivedIntangibleAssetsByMajorClassTable" xlink:label="loc_us-gaap_ScheduleOfFiniteLivedIntangibleAssetsByMajorClassTable_6CE405190B7EE2C9E50C3D1633E9485E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfFiniteLivedIntangibleAssetsByMajorClassTable_6CE405190B7EE2C9E50C3D1633E9485E" xlink:to="lab_us-gaap_ScheduleOfFiniteLivedIntangibleAssetsByMajorClassTable_6CE405190B7EE2C9E50C3D1633E9485E" xlink:type="arc"/>
<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis_514805951EADF18F423D3D1633EAF192_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis_514805951EADF18F423D3D1633EAF192" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Finite-Lived Intangible Assets by Major Class [Axis] </link:label>
<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis_514805951EADF18F423D3D1633EAF192_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis_514805951EADF18F423D3D1633EAF192" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Finite-Lived Intangible Assets by Major Class [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis_514805951EADF18F423D3D1633EAF192" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis_514805951EADF18F423D3D1633EAF192" xlink:to="lab_us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis_514805951EADF18F423D3D1633EAF192" xlink:type="arc"/>
<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_744763F7A8592F51FAA93D1633EA3A89_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_744763F7A8592F51FAA93D1633EA3A89" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Finite-Lived Intangible Assets, Major Class Name [Domain] </link:label>
<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_744763F7A8592F51FAA93D1633EA3A89_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_744763F7A8592F51FAA93D1633EA3A89" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Finite-Lived Intangible Assets, Major Class Name [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_744763F7A8592F51FAA93D1633EA3A89" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_744763F7A8592F51FAA93D1633EA3A89" xlink:to="lab_us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_744763F7A8592F51FAA93D1633EA3A89" xlink:type="arc"/>
<link:label id="lab_bac_PurchasedCreditCardRelationshipsMember_21E90B06C98D0DF9E99E3D1721D92F43_label_en-US" xlink:label="lab_bac_PurchasedCreditCardRelationshipsMember_21E90B06C98D0DF9E99E3D1721D92F43" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Purchased credit card relationships [Member] </link:label>
<link:label id="lab_bac_PurchasedCreditCardRelationshipsMember_21E90B06C98D0DF9E99E3D1721D92F43_documentation_en-US" xlink:label="lab_bac_PurchasedCreditCardRelationshipsMember_21E90B06C98D0DF9E99E3D1721D92F43" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Purchased credit card relationships. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_PurchasedCreditCardRelationshipsMember" xlink:label="loc_bac_PurchasedCreditCardRelationshipsMember_21E90B06C98D0DF9E99E3D1721D92F43" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_PurchasedCreditCardRelationshipsMember_21E90B06C98D0DF9E99E3D1721D92F43" xlink:to="lab_bac_PurchasedCreditCardRelationshipsMember_21E90B06C98D0DF9E99E3D1721D92F43" xlink:type="arc"/>
<link:label id="lab_us-gaap_CoreDepositsMember_B433E9953CFB855A0BD33D17248AD3A5_terseLabel_en-US" xlink:label="lab_us-gaap_CoreDepositsMember_B433E9953CFB855A0BD33D17248AD3A5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Core deposit intangibles [Member] </link:label>
<link:label id="lab_us-gaap_CoreDepositsMember_B433E9953CFB855A0BD33D17248AD3A5_label_en-US" xlink:label="lab_us-gaap_CoreDepositsMember_B433E9953CFB855A0BD33D17248AD3A5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Core Deposits [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CoreDepositsMember" xlink:label="loc_us-gaap_CoreDepositsMember_B433E9953CFB855A0BD33D17248AD3A5" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CoreDepositsMember_B433E9953CFB855A0BD33D17248AD3A5" xlink:to="lab_us-gaap_CoreDepositsMember_B433E9953CFB855A0BD33D17248AD3A5" xlink:type="arc"/>
<link:label id="lab_us-gaap_CustomerRelationshipsMember_7DFB774E0ED59D950D923D1726D66DA8_label_en-US" xlink:label="lab_us-gaap_CustomerRelationshipsMember_7DFB774E0ED59D950D923D1726D66DA8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Customer Relationships [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CustomerRelationshipsMember" xlink:label="loc_us-gaap_CustomerRelationshipsMember_7DFB774E0ED59D950D923D1726D66DA8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CustomerRelationshipsMember_7DFB774E0ED59D950D923D1726D66DA8" xlink:to="lab_us-gaap_CustomerRelationshipsMember_7DFB774E0ED59D950D923D1726D66DA8" xlink:type="arc"/>
<link:label id="lab_bac_AffinityRelationshipsMember_953D909C6026EC6C12633D17293F4819_label_en-US" xlink:label="lab_bac_AffinityRelationshipsMember_953D909C6026EC6C12633D17293F4819" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Affinity Relationships [Member] </link:label>
<link:label id="lab_bac_AffinityRelationshipsMember_953D909C6026EC6C12633D17293F4819_documentation_en-US" xlink:label="lab_bac_AffinityRelationshipsMember_953D909C6026EC6C12633D17293F4819" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Affinity relationships. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_AffinityRelationshipsMember" xlink:label="loc_bac_AffinityRelationshipsMember_953D909C6026EC6C12633D17293F4819" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_AffinityRelationshipsMember_953D909C6026EC6C12633D17293F4819" xlink:to="lab_bac_AffinityRelationshipsMember_953D909C6026EC6C12633D17293F4819" xlink:type="arc"/>
<link:label id="lab_us-gaap_OtherIntangibleAssetsMember_CBB19002BF4B0ED359F73D172BDFF2ED_terseLabel_en-US" xlink:label="lab_us-gaap_OtherIntangibleAssetsMember_CBB19002BF4B0ED359F73D172BDFF2ED" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other Intangibles [Member] </link:label>
<link:label id="lab_us-gaap_OtherIntangibleAssetsMember_CBB19002BF4B0ED359F73D172BDFF2ED_label_en-US" xlink:label="lab_us-gaap_OtherIntangibleAssetsMember_CBB19002BF4B0ED359F73D172BDFF2ED" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Intangible Assets [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_OtherIntangibleAssetsMember" xlink:label="loc_us-gaap_OtherIntangibleAssetsMember_CBB19002BF4B0ED359F73D172BDFF2ED" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherIntangibleAssetsMember_CBB19002BF4B0ED359F73D172BDFF2ED" xlink:to="lab_us-gaap_OtherIntangibleAssetsMember_CBB19002BF4B0ED359F73D172BDFF2ED" xlink:type="arc"/>
<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsLineItems_1AE4E905F16F71ECF8093D1633ED4AC1_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsLineItems_1AE4E905F16F71ECF8093D1633ED4AC1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Finite-Lived Intangible Assets [Line Items] </link:label>
<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsLineItems_1AE4E905F16F71ECF8093D1633ED4AC1_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsLineItems_1AE4E905F16F71ECF8093D1633ED4AC1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Finite-Lived Intangible Assets [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsLineItems" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsLineItems_1AE4E905F16F71ECF8093D1633ED4AC1" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsLineItems_1AE4E905F16F71ECF8093D1633ED4AC1" xlink:to="lab_us-gaap_FiniteLivedIntangibleAssetsLineItems_1AE4E905F16F71ECF8093D1633ED4AC1" xlink:type="arc"/>
<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsGross_62EFB4F9349D93B30FB03D1720E8F976_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsGross_62EFB4F9349D93B30FB03D1720E8F976" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Gross Carrying Value </link:label>
<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsGross_62EFB4F9349D93B30FB03D1720E8F976_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsGross_62EFB4F9349D93B30FB03D1720E8F976" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Finite-Lived Intangible Assets, Gross </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsGross" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsGross_62EFB4F9349D93B30FB03D1720E8F976" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsGross_62EFB4F9349D93B30FB03D1720E8F976" xlink:to="lab_us-gaap_FiniteLivedIntangibleAssetsGross_62EFB4F9349D93B30FB03D1720E8F976" xlink:type="arc"/>
<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_EBC1FAA91F0439CD11F53D1722B9BDD4_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_EBC1FAA91F0439CD11F53D1722B9BDD4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Accumulated Amortization </link:label>
<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_EBC1FAA91F0439CD11F53D1722B9BDD4_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_EBC1FAA91F0439CD11F53D1722B9BDD4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Finite-Lived Intangible Assets, Accumulated Amortization </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_EBC1FAA91F0439CD11F53D1722B9BDD4" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FutureAmortizationExpenseYearOne_5A35A23ABA35DA119A7F3D1F10E9025A_terseLabel_en-US" xlink:label="lab_us-gaap_FutureAmortizationExpenseYearOne_5A35A23ABA35DA119A7F3D1F10E9025A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Future Amortization Expense, 2012 </link:label>
<link:label id="lab_us-gaap_FutureAmortizationExpenseYearOne_5A35A23ABA35DA119A7F3D1F10E9025A_label_en-US" xlink:label="lab_us-gaap_FutureAmortizationExpenseYearOne_5A35A23ABA35DA119A7F3D1F10E9025A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Future Amortization Expense, Year One </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FutureAmortizationExpenseYearOne" xlink:label="loc_us-gaap_FutureAmortizationExpenseYearOne_5A35A23ABA35DA119A7F3D1F10E9025A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FutureAmortizationExpenseYearOne_5A35A23ABA35DA119A7F3D1F10E9025A" xlink:to="lab_us-gaap_FutureAmortizationExpenseYearOne_5A35A23ABA35DA119A7F3D1F10E9025A" xlink:type="arc"/>
<link:label id="lab_us-gaap_FutureAmortizationExpenseYearTwo_7C8789E73C90F4A6E0383D1F96CDFF16_terseLabel_en-US" xlink:label="lab_us-gaap_FutureAmortizationExpenseYearTwo_7C8789E73C90F4A6E0383D1F96CDFF16" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Future Amortization Expense, 2013 </link:label>
<link:label id="lab_us-gaap_FutureAmortizationExpenseYearTwo_7C8789E73C90F4A6E0383D1F96CDFF16_label_en-US" xlink:label="lab_us-gaap_FutureAmortizationExpenseYearTwo_7C8789E73C90F4A6E0383D1F96CDFF16" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Future Amortization Expense, Year Two </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FutureAmortizationExpenseYearTwo" xlink:label="loc_us-gaap_FutureAmortizationExpenseYearTwo_7C8789E73C90F4A6E0383D1F96CDFF16" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FutureAmortizationExpenseYearThree_907647DCDC2C947384E83D20118E3C60_terseLabel_en-US" xlink:label="lab_us-gaap_FutureAmortizationExpenseYearThree_907647DCDC2C947384E83D20118E3C60" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Future Amortization Expense, 2014 </link:label>
<link:label id="lab_us-gaap_FutureAmortizationExpenseYearThree_907647DCDC2C947384E83D20118E3C60_label_en-US" xlink:label="lab_us-gaap_FutureAmortizationExpenseYearThree_907647DCDC2C947384E83D20118E3C60" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Future Amortization Expense, Year Three </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FutureAmortizationExpenseYearThree" xlink:label="loc_us-gaap_FutureAmortizationExpenseYearThree_907647DCDC2C947384E83D20118E3C60" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FutureAmortizationExpenseYearFour_C71488FE8F865BDAE5CF3D2075DC83D8_terseLabel_en-US" xlink:label="lab_us-gaap_FutureAmortizationExpenseYearFour_C71488FE8F865BDAE5CF3D2075DC83D8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Future Amortization Expense, 2015 </link:label>
<link:label id="lab_us-gaap_FutureAmortizationExpenseYearFour_C71488FE8F865BDAE5CF3D2075DC83D8_label_en-US" xlink:label="lab_us-gaap_FutureAmortizationExpenseYearFour_C71488FE8F865BDAE5CF3D2075DC83D8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Future Amortization Expense, Year Four </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FutureAmortizationExpenseYearFour" xlink:label="loc_us-gaap_FutureAmortizationExpenseYearFour_C71488FE8F865BDAE5CF3D2075DC83D8" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FutureAmortizationExpenseYearFive_0EC2CDDC9DDB30BA4EB83D20D719C215_terseLabel_en-US" xlink:label="lab_us-gaap_FutureAmortizationExpenseYearFive_0EC2CDDC9DDB30BA4EB83D20D719C215" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Future Amortization Expense, 2016 </link:label>
<link:label id="lab_us-gaap_FutureAmortizationExpenseYearFive_0EC2CDDC9DDB30BA4EB83D20D719C215_label_en-US" xlink:label="lab_us-gaap_FutureAmortizationExpenseYearFive_0EC2CDDC9DDB30BA4EB83D20D719C215" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Future Amortization Expense, Year Five </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FutureAmortizationExpenseYearFive" xlink:label="loc_us-gaap_FutureAmortizationExpenseYearFive_0EC2CDDC9DDB30BA4EB83D20D719C215" xlink:type="locator"/>
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<link:label id="lab_bac_FiniteLivedIntangibleAssetsFullyAmortized_40CE2C5C7B1D42926EE496B4BD2E1F22_terseLabel_en-US" xlink:label="lab_bac_FiniteLivedIntangibleAssetsFullyAmortized_40CE2C5C7B1D42926EE496B4BD2E1F22" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Finite Lived Intangible Assets, Fully Amortized </link:label>
<link:label id="lab_bac_FiniteLivedIntangibleAssetsFullyAmortized_40CE2C5C7B1D42926EE496B4BD2E1F22_label_en-US" xlink:label="lab_bac_FiniteLivedIntangibleAssetsFullyAmortized_40CE2C5C7B1D42926EE496B4BD2E1F22" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Finite Lived Intangible Assets, Fully Amortized </link:label>
<link:label id="lab_bac_FiniteLivedIntangibleAssetsFullyAmortized_40CE2C5C7B1D42926EE496B4BD2E1F22_documentation_en-US" xlink:label="lab_bac_FiniteLivedIntangibleAssetsFullyAmortized_40CE2C5C7B1D42926EE496B4BD2E1F22" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Finite Lived Intangible Assets, Fully Amortized </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_FiniteLivedIntangibleAssetsFullyAmortized" xlink:label="loc_bac_FiniteLivedIntangibleAssetsFullyAmortized_40CE2C5C7B1D42926EE496B4BD2E1F22" xlink:type="locator"/>
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<link:label id="lab_bac_IntangibleAssetsSold_85788BF0A54CE7B9256E96B710B08A57_terseLabel_en-US" xlink:label="lab_bac_IntangibleAssetsSold_85788BF0A54CE7B9256E96B710B08A57" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Intangible Assets, Sold </link:label>
<link:label id="lab_bac_IntangibleAssetsSold_85788BF0A54CE7B9256E96B710B08A57_label_en-US" xlink:label="lab_bac_IntangibleAssetsSold_85788BF0A54CE7B9256E96B710B08A57" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Intangible Assets, Sold </link:label>
<link:label id="lab_bac_IntangibleAssetsSold_85788BF0A54CE7B9256E96B710B08A57_documentation_en-US" xlink:label="lab_bac_IntangibleAssetsSold_85788BF0A54CE7B9256E96B710B08A57" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Intangible Assets, Sold </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_IntangibleAssetsSold" xlink:label="loc_bac_IntangibleAssetsSold_85788BF0A54CE7B9256E96B710B08A57" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DebtSecuritiesMember_14E1253D9F6AAFC20F28A4DD22BBEE5E_terseLabel_en-US" xlink:label="lab_us-gaap_DebtSecuritiesMember_14E1253D9F6AAFC20F28A4DD22BBEE5E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Debt Securities [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DebtSecuritiesMember" xlink:label="loc_us-gaap_DebtSecuritiesMember_14E1253D9F6AAFC20F28A4DD22BBEE5E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtSecuritiesMember_14E1253D9F6AAFC20F28A4DD22BBEE5E" xlink:to="lab_us-gaap_DebtSecuritiesMember_14E1253D9F6AAFC20F28A4DD22BBEE5E" xlink:type="arc"/>
<link:label id="lab_us-gaap_OtherLiabilitiesMember_354A39D6CF7DE0290E78619211C9C6CE_label_en-US" xlink:label="lab_us-gaap_OtherLiabilitiesMember_354A39D6CF7DE0290E78619211C9C6CE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Liabilities [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_OtherLiabilitiesMember" xlink:label="loc_us-gaap_OtherLiabilitiesMember_354A39D6CF7DE0290E78619211C9C6CE" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherLiabilitiesMember_354A39D6CF7DE0290E78619211C9C6CE" xlink:to="lab_us-gaap_OtherLiabilitiesMember_354A39D6CF7DE0290E78619211C9C6CE" xlink:type="arc"/>
<link:label id="lab_us-gaap_AssetsAbstract_D6C6F7D5F0367958180C6180E0C254A0_verboseLabel_en-US" xlink:label="lab_us-gaap_AssetsAbstract_D6C6F7D5F0367958180C6180E0C254A0" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Assets: </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="loc_us-gaap_AssetsAbstract_D6C6F7D5F0367958180C6180E0C254A0" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AssetsAbstract_D6C6F7D5F0367958180C6180E0C254A0" xlink:to="lab_us-gaap_AssetsAbstract_D6C6F7D5F0367958180C6180E0C254A0" xlink:type="arc"/>
<link:label id="lab_us-gaap_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellFairValueDisclosure_11095AD8BC87AA8CC176615E02ADC25A_verboseLabel_en-US" xlink:label="lab_us-gaap_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellFairValueDisclosure_11095AD8BC87AA8CC176615E02ADC25A" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Federal funds sold and securities borrowed or purchased under agreements to resell measured at fair value </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellFairValueDisclosure" xlink:label="loc_us-gaap_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellFairValueDisclosure_11095AD8BC87AA8CC176615E02ADC25A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellFairValueDisclosure_11095AD8BC87AA8CC176615E02ADC25A" xlink:to="lab_us-gaap_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellFairValueDisclosure_11095AD8BC87AA8CC176615E02ADC25A" xlink:type="arc"/>
<link:label id="lab_us-gaap_TradingSecuritiesPledgedAsCollateral_45E0CD6C2E1517D2CFD4615EA6C9EFCD_terseLabel_en-US" xlink:label="lab_us-gaap_TradingSecuritiesPledgedAsCollateral_45E0CD6C2E1517D2CFD4615EA6C9EFCD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Trading account assets, pledged as collateral </link:label>
<link:label id="lab_us-gaap_TradingSecuritiesPledgedAsCollateral_45E0CD6C2E1517D2CFD4615EA6C9EFCD_label_en-US" xlink:label="lab_us-gaap_TradingSecuritiesPledgedAsCollateral_45E0CD6C2E1517D2CFD4615EA6C9EFCD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Trading Securities Pledged as Collateral </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_TradingSecuritiesPledgedAsCollateral" xlink:label="loc_us-gaap_TradingSecuritiesPledgedAsCollateral_45E0CD6C2E1517D2CFD4615EA6C9EFCD" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TradingSecuritiesPledgedAsCollateral_45E0CD6C2E1517D2CFD4615EA6C9EFCD" xlink:to="lab_us-gaap_TradingSecuritiesPledgedAsCollateral_45E0CD6C2E1517D2CFD4615EA6C9EFCD" xlink:type="arc"/>
<link:label id="lab_bac_DerivativeAssetsPledgedAsCollateral_9CDF279DA3AA276542A3A4D0FFF637B8_terseLabel_en-US" xlink:label="lab_bac_DerivativeAssetsPledgedAsCollateral_9CDF279DA3AA276542A3A4D0FFF637B8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative assets, pledged as collateral </link:label>
<link:label id="lab_bac_DerivativeAssetsPledgedAsCollateral_9CDF279DA3AA276542A3A4D0FFF637B8_label_en-US" xlink:label="lab_bac_DerivativeAssetsPledgedAsCollateral_9CDF279DA3AA276542A3A4D0FFF637B8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative assets, pledged as collateral </link:label>
<link:label id="lab_bac_DerivativeAssetsPledgedAsCollateral_9CDF279DA3AA276542A3A4D0FFF637B8_documentation_en-US" xlink:label="lab_bac_DerivativeAssetsPledgedAsCollateral_9CDF279DA3AA276542A3A4D0FFF637B8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Derivative assets, pledged as collateral </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_DerivativeAssetsPledgedAsCollateral" xlink:label="loc_bac_DerivativeAssetsPledgedAsCollateral_9CDF279DA3AA276542A3A4D0FFF637B8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_DerivativeAssetsPledgedAsCollateral_9CDF279DA3AA276542A3A4D0FFF637B8" xlink:to="lab_bac_DerivativeAssetsPledgedAsCollateral_9CDF279DA3AA276542A3A4D0FFF637B8" xlink:type="arc"/>
<link:label id="lab_us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral_D80E5354E64E68E16837A4D451D8B9B7_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral_D80E5354E64E68E16837A4D451D8B9B7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Available-for-sale, pledged as collateral </link:label>
<link:label id="lab_us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral_D80E5354E64E68E16837A4D451D8B9B7_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral_D80E5354E64E68E16837A4D451D8B9B7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Available-for-sale Securities Pledged as Collateral </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral_D80E5354E64E68E16837A4D451D8B9B7" xlink:type="locator"/>
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<link:label id="lab_us-gaap_HeldToMaturitySecuritiesFairValue_96AB05A60CFC570B433E61638B744F42_verboseLabel_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecuritiesFairValue_96AB05A60CFC570B433E61638B744F42" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Held-to-maturity, at cost, fair value </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_HeldToMaturitySecuritiesFairValue" xlink:label="loc_us-gaap_HeldToMaturitySecuritiesFairValue_96AB05A60CFC570B433E61638B744F42" xlink:type="locator"/>
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<link:label id="lab_us-gaap_HeldToMaturitySecuritiesPledgedAsCollateral_F551F60C016B4F90B2D2A4D2A46AE299_terseLabel_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecuritiesPledgedAsCollateral_F551F60C016B4F90B2D2A4D2A46AE299" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Held-to-maturity, pledged as collateral </link:label>
<link:label id="lab_us-gaap_HeldToMaturitySecuritiesPledgedAsCollateral_F551F60C016B4F90B2D2A4D2A46AE299_label_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecuritiesPledgedAsCollateral_F551F60C016B4F90B2D2A4D2A46AE299" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Held-to-maturity Securities Pledged as Collateral </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_HeldToMaturitySecuritiesPledgedAsCollateral" xlink:label="loc_us-gaap_HeldToMaturitySecuritiesPledgedAsCollateral_F551F60C016B4F90B2D2A4D2A46AE299" xlink:type="locator"/>
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<link:label id="lab_us-gaap_LoansReceivableFairValueDisclosure_B80FEFA147D9B25CBE70616674852A49_verboseLabel_en-US" xlink:label="lab_us-gaap_LoansReceivableFairValueDisclosure_B80FEFA147D9B25CBE70616674852A49" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Loans and leases, measured at fair value </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LoansReceivableFairValueDisclosure" xlink:label="loc_us-gaap_LoansReceivableFairValueDisclosure_B80FEFA147D9B25CBE70616674852A49" xlink:type="locator"/>
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<link:label id="lab_us-gaap_LoansPledgedAsCollateral_81AE29C12BFD8F87A0CE6166A907F558_terseLabel_en-US" xlink:label="lab_us-gaap_LoansPledgedAsCollateral_81AE29C12BFD8F87A0CE6166A907F558" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loans and leases, pledged as collateral </link:label>
<link:label id="lab_us-gaap_LoansPledgedAsCollateral_81AE29C12BFD8F87A0CE6166A907F558_label_en-US" xlink:label="lab_us-gaap_LoansPledgedAsCollateral_81AE29C12BFD8F87A0CE6166A907F558" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loans Pledged as Collateral </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LoansPledgedAsCollateral" xlink:label="loc_us-gaap_LoansPledgedAsCollateral_81AE29C12BFD8F87A0CE6166A907F558" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ServicingAssetAtFairValueAmount_2E3E343C74468B583F45616E1D6186F9_terseLabel_en-US" xlink:label="lab_us-gaap_ServicingAssetAtFairValueAmount_2E3E343C74468B583F45616E1D6186F9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Mortgage servicing rights </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ServicingAssetAtFairValueAmount" xlink:label="loc_us-gaap_ServicingAssetAtFairValueAmount_2E3E343C74468B583F45616E1D6186F9" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ServicingAssetAtFairValueAmount_2E3E343C74468B583F45616E1D6186F9" xlink:to="lab_us-gaap_ServicingAssetAtFairValueAmount_2E3E343C74468B583F45616E1D6186F9" xlink:type="arc"/>
<link:label id="lab_us-gaap_LoansHeldForSaleFairValueDisclosure_6D003FDA2D8C08031CA661704464A264_verboseLabel_en-US" xlink:label="lab_us-gaap_LoansHeldForSaleFairValueDisclosure_6D003FDA2D8C08031CA661704464A264" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Loans held-for-sale, measured at fair value </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LoansHeldForSaleFairValueDisclosure" xlink:label="loc_us-gaap_LoansHeldForSaleFairValueDisclosure_6D003FDA2D8C08031CA661704464A264" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LoansHeldForSaleFairValueDisclosure_6D003FDA2D8C08031CA661704464A264" xlink:to="lab_us-gaap_LoansHeldForSaleFairValueDisclosure_6D003FDA2D8C08031CA661704464A264" xlink:type="arc"/>
<link:label id="lab_bac_InterestBearingDepositLiabilitiesDomesticMeasuredAtFairValue_02B82F0D16372AACDE086171AF09B1D5_terseLabel_en-US" xlink:label="lab_bac_InterestBearingDepositLiabilitiesDomesticMeasuredAtFairValue_02B82F0D16372AACDE086171AF09B1D5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Interest-bearing, measured at fair value </link:label>
<link:label id="lab_bac_InterestBearingDepositLiabilitiesDomesticMeasuredAtFairValue_02B82F0D16372AACDE086171AF09B1D5_label_en-US" xlink:label="lab_bac_InterestBearingDepositLiabilitiesDomesticMeasuredAtFairValue_02B82F0D16372AACDE086171AF09B1D5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Bearing Deposit Liabilities Domestic Measured At Fair Value </link:label>
<link:label id="lab_bac_InterestBearingDepositLiabilitiesDomesticMeasuredAtFairValue_02B82F0D16372AACDE086171AF09B1D5_documentation_en-US" xlink:label="lab_bac_InterestBearingDepositLiabilitiesDomesticMeasuredAtFairValue_02B82F0D16372AACDE086171AF09B1D5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This represents the aggregate fair value of certain long-term fixed-rate and rate-linked deposits elected under fair value option. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_InterestBearingDepositLiabilitiesDomesticMeasuredAtFairValue" xlink:label="loc_bac_InterestBearingDepositLiabilitiesDomesticMeasuredAtFairValue_02B82F0D16372AACDE086171AF09B1D5" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_InterestBearingDepositLiabilitiesDomesticMeasuredAtFairValue_02B82F0D16372AACDE086171AF09B1D5" xlink:to="lab_bac_InterestBearingDepositLiabilitiesDomesticMeasuredAtFairValue_02B82F0D16372AACDE086171AF09B1D5" xlink:type="arc"/>
<link:label id="lab_us-gaap_FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchaseFairValueDisclosure_11EFAC1D6CED805D23EF6172789665F6_terseLabel_en-US" xlink:label="lab_us-gaap_FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchaseFairValueDisclosure_11EFAC1D6CED805D23EF6172789665F6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Federal funds purchased and securities loaned or sold under agreements to repurchase </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchaseFairValueDisclosure" xlink:label="loc_us-gaap_FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchaseFairValueDisclosure_11EFAC1D6CED805D23EF6172789665F6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchaseFairValueDisclosure_11EFAC1D6CED805D23EF6172789665F6" xlink:to="lab_us-gaap_FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchaseFairValueDisclosure_11EFAC1D6CED805D23EF6172789665F6" xlink:type="arc"/>
<link:label id="lab_us-gaap_ShorttermDebtFairValue_DD0453C0B011766BAFE761834D1BC1FC_terseLabel_en-US" xlink:label="lab_us-gaap_ShorttermDebtFairValue_DD0453C0B011766BAFE761834D1BC1FC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Commercial paper and other short-term borrowings, measured at fair value </link:label>
<link:label id="lab_us-gaap_ShorttermDebtFairValue_DD0453C0B011766BAFE761834D1BC1FC_label_en-US" xlink:label="lab_us-gaap_ShorttermDebtFairValue_DD0453C0B011766BAFE761834D1BC1FC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Short-term Debt, Fair Value </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ShorttermDebtFairValue" xlink:label="loc_us-gaap_ShorttermDebtFairValue_DD0453C0B011766BAFE761834D1BC1FC" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShorttermDebtFairValue_DD0453C0B011766BAFE761834D1BC1FC" xlink:to="lab_us-gaap_ShorttermDebtFairValue_DD0453C0B011766BAFE761834D1BC1FC" xlink:type="arc"/>
<link:label id="lab_us-gaap_OtherLiabilitiesFairValueDisclosure_0986BD4679DDBC6FB26561846AB3F72F_terseLabel_en-US" xlink:label="lab_us-gaap_OtherLiabilitiesFairValueDisclosure_0986BD4679DDBC6FB26561846AB3F72F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Accrued expenses and other liabilities, measured at fair value </link:label>
<link:label id="lab_us-gaap_OtherLiabilitiesFairValueDisclosure_0986BD4679DDBC6FB26561846AB3F72F_label_en-US" xlink:label="lab_us-gaap_OtherLiabilitiesFairValueDisclosure_0986BD4679DDBC6FB26561846AB3F72F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Liabilities, Fair Value Disclosure </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_OtherLiabilitiesFairValueDisclosure" xlink:label="loc_us-gaap_OtherLiabilitiesFairValueDisclosure_0986BD4679DDBC6FB26561846AB3F72F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherLiabilitiesFairValueDisclosure_0986BD4679DDBC6FB26561846AB3F72F" xlink:to="lab_us-gaap_OtherLiabilitiesFairValueDisclosure_0986BD4679DDBC6FB26561846AB3F72F" xlink:type="arc"/>
<link:label id="lab_bac_OtherLiabilitiesReserveForUnfundedLendingCommitments_D5B660DCDCFCD2927C986186FC9BBE42_terseLabel_en-US" xlink:label="lab_bac_OtherLiabilitiesReserveForUnfundedLendingCommitments_D5B660DCDCFCD2927C986186FC9BBE42" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Accrued expenses and other liabilities, reserve for unfunded lending commitments </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_OtherLiabilitiesReserveForUnfundedLendingCommitments" xlink:label="loc_bac_OtherLiabilitiesReserveForUnfundedLendingCommitments_D5B660DCDCFCD2927C986186FC9BBE42" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_OtherLiabilitiesReserveForUnfundedLendingCommitments_D5B660DCDCFCD2927C986186FC9BBE42" xlink:to="lab_bac_OtherLiabilitiesReserveForUnfundedLendingCommitments_D5B660DCDCFCD2927C986186FC9BBE42" xlink:type="arc"/>
<link:label id="lab_us-gaap_LongTermDebtFairValue_DCC9B2D66031ECF7F78D61872DCD3CF9_verboseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtFairValue_DCC9B2D66031ECF7F78D61872DCD3CF9" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Long-term debt, measured at fair value </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LongTermDebtFairValue" xlink:label="loc_us-gaap_LongTermDebtFairValue_DCC9B2D66031ECF7F78D61872DCD3CF9" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermDebtFairValue_DCC9B2D66031ECF7F78D61872DCD3CF9" xlink:to="lab_us-gaap_LongTermDebtFairValue_DCC9B2D66031ECF7F78D61872DCD3CF9" xlink:type="arc"/>
<link:label id="lab_us-gaap_StockholdersEquityAbstract_0B60C96467591D8E92CA61887D09B45A_verboseLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquityAbstract_0B60C96467591D8E92CA61887D09B45A" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Stockholders' Equity: </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_StockholdersEquityAbstract" xlink:label="loc_us-gaap_StockholdersEquityAbstract_0B60C96467591D8E92CA61887D09B45A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockholdersEquityAbstract_0B60C96467591D8E92CA61887D09B45A" xlink:to="lab_us-gaap_StockholdersEquityAbstract_0B60C96467591D8E92CA61887D09B45A" xlink:type="arc"/>
<link:label id="lab_us-gaap_PreferredStockParOrStatedValuePerShare_C677E59185FF6B32AC4D618BF5D88F55_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockParOrStatedValuePerShare_C677E59185FF6B32AC4D618BF5D88F55" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Preferred stock, par value </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_PreferredStockParOrStatedValuePerShare" xlink:label="loc_us-gaap_PreferredStockParOrStatedValuePerShare_C677E59185FF6B32AC4D618BF5D88F55" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockParOrStatedValuePerShare_C677E59185FF6B32AC4D618BF5D88F55" xlink:to="lab_us-gaap_PreferredStockParOrStatedValuePerShare_C677E59185FF6B32AC4D618BF5D88F55" xlink:type="arc"/>
<link:label id="lab_us-gaap_PreferredStockSharesAuthorized_9BDBA5AFA791C9856FAB618C50302A69_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockSharesAuthorized_9BDBA5AFA791C9856FAB618C50302A69" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Preferred stock, shares authorized </link:label>
<link:label id="lab_us-gaap_PreferredStockSharesAuthorized_9BDBA5AFA791C9856FAB618C50302A69_label_en-US" xlink:label="lab_us-gaap_PreferredStockSharesAuthorized_9BDBA5AFA791C9856FAB618C50302A69" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Preferred Stock, Shares Authorized </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_PreferredStockSharesAuthorized" xlink:label="loc_us-gaap_PreferredStockSharesAuthorized_9BDBA5AFA791C9856FAB618C50302A69" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockSharesAuthorized_9BDBA5AFA791C9856FAB618C50302A69" xlink:to="lab_us-gaap_PreferredStockSharesAuthorized_9BDBA5AFA791C9856FAB618C50302A69" xlink:type="arc"/>
<link:label id="lab_us-gaap_PreferredStockSharesIssued_4B49A17559DD2B13AD6E618FBB120A1D_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockSharesIssued_4B49A17559DD2B13AD6E618FBB120A1D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Preferred stock, shares issued </link:label>
<link:label id="lab_us-gaap_PreferredStockSharesIssued_4B49A17559DD2B13AD6E618FBB120A1D_label_en-US" xlink:label="lab_us-gaap_PreferredStockSharesIssued_4B49A17559DD2B13AD6E618FBB120A1D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Preferred Stock, Shares Issued </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_PreferredStockSharesIssued" xlink:label="loc_us-gaap_PreferredStockSharesIssued_4B49A17559DD2B13AD6E618FBB120A1D" xlink:type="locator"/>
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<link:label id="lab_us-gaap_PreferredStockSharesOutstanding_D16C906A02A81D382858618FE1CCAFF0_verboseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockSharesOutstanding_D16C906A02A81D382858618FE1CCAFF0" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Preferred stock, shares outstanding </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_PreferredStockSharesOutstanding" xlink:label="loc_us-gaap_PreferredStockSharesOutstanding_D16C906A02A81D382858618FE1CCAFF0" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CommonStockParOrStatedValuePerShare_84266C9D385A71980B43618AD7CB3BA0_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockParOrStatedValuePerShare_84266C9D385A71980B43618AD7CB3BA0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Common stock, par value </link:label>
<link:label id="lab_us-gaap_CommonStockParOrStatedValuePerShare_84266C9D385A71980B43618AD7CB3BA0_label_en-US" xlink:label="lab_us-gaap_CommonStockParOrStatedValuePerShare_84266C9D385A71980B43618AD7CB3BA0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Common Stock, Par or Stated Value Per Share </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CommonStockParOrStatedValuePerShare" xlink:label="loc_us-gaap_CommonStockParOrStatedValuePerShare_84266C9D385A71980B43618AD7CB3BA0" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CommonStockSharesAuthorized_E0D1756D5B8DE48BB245618B45410978_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockSharesAuthorized_E0D1756D5B8DE48BB245618B45410978" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Common stock, shares authorized </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CommonStockSharesAuthorized" xlink:label="loc_us-gaap_CommonStockSharesAuthorized_E0D1756D5B8DE48BB245618B45410978" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CommonStockSharesIssued_BC88CB87BA8B7E0D9B89618B9A9B300E_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockSharesIssued_BC88CB87BA8B7E0D9B89618B9A9B300E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Common stock, shares issued </link:label>
<link:label id="lab_us-gaap_CommonStockSharesIssued_BC88CB87BA8B7E0D9B89618B9A9B300E_label_en-US" xlink:label="lab_us-gaap_CommonStockSharesIssued_BC88CB87BA8B7E0D9B89618B9A9B300E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Common Stock, Shares, Issued </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CommonStockSharesIssued" xlink:label="loc_us-gaap_CommonStockSharesIssued_BC88CB87BA8B7E0D9B89618B9A9B300E" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CommonStockSharesOutstanding_8B04AB2F669809063EB9618BC815DBD9_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockSharesOutstanding_8B04AB2F669809063EB9618BC815DBD9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Common stock, shares outstanding </link:label>
<link:label id="lab_us-gaap_CommonStockSharesOutstanding_8B04AB2F669809063EB9618BC815DBD9_label_en-US" xlink:label="lab_us-gaap_CommonStockSharesOutstanding_8B04AB2F669809063EB9618BC815DBD9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Common Stock, Shares, Outstanding </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CommonStockSharesOutstanding" xlink:label="loc_us-gaap_CommonStockSharesOutstanding_8B04AB2F669809063EB9618BC815DBD9" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockSharesOutstanding_8B04AB2F669809063EB9618BC815DBD9" xlink:to="lab_us-gaap_CommonStockSharesOutstanding_8B04AB2F669809063EB9618BC815DBD9" xlink:type="arc"/>
<link:label id="lab_bac_NonRecourseDebt_97E924AAF43F5716AEAA6191C5400EC0_terseLabel_en-US" xlink:label="lab_bac_NonRecourseDebt_97E924AAF43F5716AEAA6191C5400EC0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Non-recourse debt </link:label>
<link:label id="lab_bac_NonRecourseDebt_97E924AAF43F5716AEAA6191C5400EC0_label_en-US" xlink:label="lab_bac_NonRecourseDebt_97E924AAF43F5716AEAA6191C5400EC0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Non-recourse debt </link:label>
<link:label id="lab_bac_NonRecourseDebt_97E924AAF43F5716AEAA6191C5400EC0_documentation_en-US" xlink:label="lab_bac_NonRecourseDebt_97E924AAF43F5716AEAA6191C5400EC0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Nonrecourse debt is debt that is secured by a pledge of collateral, but for which the borrower is not personally liable. If the borrower defaults, the lender/issuer can seize the collateral, but the lender's recovery is limited to the collateral. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_NonRecourseDebt" xlink:label="loc_bac_NonRecourseDebt_97E924AAF43F5716AEAA6191C5400EC0" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_NonRecourseDebt_97E924AAF43F5716AEAA6191C5400EC0" xlink:to="lab_bac_NonRecourseDebt_97E924AAF43F5716AEAA6191C5400EC0" xlink:type="arc"/>
<link:label id="lab_us-gaap_NoncashOrPartNoncashDivestituresTable_E721CF6F07A21D358CEE61A24204385A_terseLabel_en-US" xlink:label="lab_us-gaap_NoncashOrPartNoncashDivestituresTable_E721CF6F07A21D358CEE61A24204385A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Noncash or Part Noncash Divestitures [Table] </link:label>
<link:label id="lab_us-gaap_NoncashOrPartNoncashDivestituresTable_E721CF6F07A21D358CEE61A24204385A_label_en-US" xlink:label="lab_us-gaap_NoncashOrPartNoncashDivestituresTable_E721CF6F07A21D358CEE61A24204385A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Noncash or Part Noncash Divestitures [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_NoncashOrPartNoncashDivestituresTable" xlink:label="loc_us-gaap_NoncashOrPartNoncashDivestituresTable_E721CF6F07A21D358CEE61A24204385A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NoncashOrPartNoncashDivestituresTable_E721CF6F07A21D358CEE61A24204385A" xlink:to="lab_us-gaap_NoncashOrPartNoncashDivestituresTable_E721CF6F07A21D358CEE61A24204385A" xlink:type="arc"/>
<link:label id="lab_us-gaap_PreferredStockMember_55DF63DAFF5E7F3CCADCA92063757776_verboseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockMember_55DF63DAFF5E7F3CCADCA92063757776" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Preferred Stock [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_PreferredStockMember" xlink:label="loc_us-gaap_PreferredStockMember_55DF63DAFF5E7F3CCADCA92063757776" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockMember_55DF63DAFF5E7F3CCADCA92063757776" xlink:to="lab_us-gaap_PreferredStockMember_55DF63DAFF5E7F3CCADCA92063757776" xlink:type="arc"/>
<link:label id="lab_us-gaap_NoncashOrPartNoncashDivestituresByUniqueNameAxis_0696951FE14E9789FB1761A40C09A947_label_en-US" xlink:label="lab_us-gaap_NoncashOrPartNoncashDivestituresByUniqueNameAxis_0696951FE14E9789FB1761A40C09A947" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Noncash or Part Noncash Divestitures by Unique Name [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_NoncashOrPartNoncashDivestituresByUniqueNameAxis" xlink:label="loc_us-gaap_NoncashOrPartNoncashDivestituresByUniqueNameAxis_0696951FE14E9789FB1761A40C09A947" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NoncashOrPartNoncashDivestituresByUniqueNameAxis_0696951FE14E9789FB1761A40C09A947" xlink:to="lab_us-gaap_NoncashOrPartNoncashDivestituresByUniqueNameAxis_0696951FE14E9789FB1761A40C09A947" xlink:type="arc"/>
<link:label id="lab_us-gaap_NoncashOrPartNoncashDivestitureNameDomain_D71D939353B56DFC5EA3FE026748F6B9_label_en-US" xlink:label="lab_us-gaap_NoncashOrPartNoncashDivestitureNameDomain_D71D939353B56DFC5EA3FE026748F6B9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Noncash or Part Noncash Divestiture, Name [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_NoncashOrPartNoncashDivestitureNameDomain" xlink:label="loc_us-gaap_NoncashOrPartNoncashDivestitureNameDomain_D71D939353B56DFC5EA3FE026748F6B9" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NoncashOrPartNoncashDivestitureNameDomain_D71D939353B56DFC5EA3FE026748F6B9" xlink:to="lab_us-gaap_NoncashOrPartNoncashDivestitureNameDomain_D71D939353B56DFC5EA3FE026748F6B9" xlink:type="arc"/>
<link:label id="lab_bac_FirstRepublicBankMember_9C76724088E56178970061A40CC35785_label_en-US" xlink:label="lab_bac_FirstRepublicBankMember_9C76724088E56178970061A40CC35785" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> First Republic Bank [Member] </link:label>
<link:label id="lab_bac_FirstRepublicBankMember_9C76724088E56178970061A40CC35785_documentation_en-US" xlink:label="lab_bac_FirstRepublicBankMember_9C76724088E56178970061A40CC35785" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> First Republic Bank [Member] </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_FirstRepublicBankMember" xlink:label="loc_bac_FirstRepublicBankMember_9C76724088E56178970061A40CC35785" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_FirstRepublicBankMember_9C76724088E56178970061A40CC35785" xlink:to="lab_bac_FirstRepublicBankMember_9C76724088E56178970061A40CC35785" xlink:type="arc"/>
<link:label id="lab_us-gaap_NoncashOrPartNoncashDivestituresLineItems_9F0F5FD9348B8416076361A24204111C_terseLabel_en-US" xlink:label="lab_us-gaap_NoncashOrPartNoncashDivestituresLineItems_9F0F5FD9348B8416076361A24204111C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Noncash or Part Noncash Divestitures [Line Items] </link:label>
<link:label id="lab_us-gaap_NoncashOrPartNoncashDivestituresLineItems_9F0F5FD9348B8416076361A24204111C_label_en-US" xlink:label="lab_us-gaap_NoncashOrPartNoncashDivestituresLineItems_9F0F5FD9348B8416076361A24204111C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Noncash or Part Noncash Divestitures [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_NoncashOrPartNoncashDivestituresLineItems" xlink:label="loc_us-gaap_NoncashOrPartNoncashDivestituresLineItems_9F0F5FD9348B8416076361A24204111C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NoncashOrPartNoncashDivestituresLineItems_9F0F5FD9348B8416076361A24204111C" xlink:to="lab_us-gaap_NoncashOrPartNoncashDivestituresLineItems_9F0F5FD9348B8416076361A24204111C" xlink:type="arc"/>
<link:label id="lab_bac_NonCashIncreasesToLoans_DCFA038AEC31BD08AD2BA34E2BE137C4_terseLabel_en-US" xlink:label="lab_bac_NonCashIncreasesToLoans_DCFA038AEC31BD08AD2BA34E2BE137C4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Non cash increases to loans </link:label>
<link:label id="lab_bac_NonCashIncreasesToLoans_DCFA038AEC31BD08AD2BA34E2BE137C4_label_en-US" xlink:label="lab_bac_NonCashIncreasesToLoans_DCFA038AEC31BD08AD2BA34E2BE137C4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Non Cash Increases To Loans </link:label>
<link:label id="lab_bac_NonCashIncreasesToLoans_DCFA038AEC31BD08AD2BA34E2BE137C4_documentation_en-US" xlink:label="lab_bac_NonCashIncreasesToLoans_DCFA038AEC31BD08AD2BA34E2BE137C4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Non-cash increases to loans due to agreement with Assured Guaranty Ltd. and subsidiaries. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_NonCashIncreasesToLoans" xlink:label="loc_bac_NonCashIncreasesToLoans_DCFA038AEC31BD08AD2BA34E2BE137C4" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_NonCashIncreasesToLoans_DCFA038AEC31BD08AD2BA34E2BE137C4" xlink:to="lab_bac_NonCashIncreasesToLoans_DCFA038AEC31BD08AD2BA34E2BE137C4" xlink:type="arc"/>
<link:label id="lab_bac_NonCashIncreasesToOtherAssets_87DA55C0ACFC92B717DDA34E8B07BC97_terseLabel_en-US" xlink:label="lab_bac_NonCashIncreasesToOtherAssets_87DA55C0ACFC92B717DDA34E8B07BC97" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Non cash increases to other assets </link:label>
<link:label id="lab_bac_NonCashIncreasesToOtherAssets_87DA55C0ACFC92B717DDA34E8B07BC97_label_en-US" xlink:label="lab_bac_NonCashIncreasesToOtherAssets_87DA55C0ACFC92B717DDA34E8B07BC97" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Non Cash Increases To Other Assets </link:label>
<link:label id="lab_bac_NonCashIncreasesToOtherAssets_87DA55C0ACFC92B717DDA34E8B07BC97_documentation_en-US" xlink:label="lab_bac_NonCashIncreasesToOtherAssets_87DA55C0ACFC92B717DDA34E8B07BC97" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Non-cash increases to other assets due to agreement with Assured Guaranty Ltd. and subsidiaries. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_NonCashIncreasesToOtherAssets" xlink:label="loc_bac_NonCashIncreasesToOtherAssets_87DA55C0ACFC92B717DDA34E8B07BC97" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_NonCashIncreasesToOtherAssets_87DA55C0ACFC92B717DDA34E8B07BC97" xlink:to="lab_bac_NonCashIncreasesToOtherAssets_87DA55C0ACFC92B717DDA34E8B07BC97" xlink:type="arc"/>
<link:label id="lab_bac_NonCashIncreasesToLongTermDebt_07B33290B68968298943A34EDF9D6337_terseLabel_en-US" xlink:label="lab_bac_NonCashIncreasesToLongTermDebt_07B33290B68968298943A34EDF9D6337" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Non cash increases to long term debt </link:label>
<link:label id="lab_bac_NonCashIncreasesToLongTermDebt_07B33290B68968298943A34EDF9D6337_label_en-US" xlink:label="lab_bac_NonCashIncreasesToLongTermDebt_07B33290B68968298943A34EDF9D6337" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Non Cash Increases To Long Term Debt </link:label>
<link:label id="lab_bac_NonCashIncreasesToLongTermDebt_07B33290B68968298943A34EDF9D6337_documentation_en-US" xlink:label="lab_bac_NonCashIncreasesToLongTermDebt_07B33290B68968298943A34EDF9D6337" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Non-cash increases to long-term debt due to agreement with Assured Guaranty Ltd. and subsidiaries. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_NonCashIncreasesToLongTermDebt" xlink:label="loc_bac_NonCashIncreasesToLongTermDebt_07B33290B68968298943A34EDF9D6337" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_NonCashIncreasesToLongTermDebt_07B33290B68968298943A34EDF9D6337" xlink:to="lab_bac_NonCashIncreasesToLongTermDebt_07B33290B68968298943A34EDF9D6337" xlink:type="arc"/>
<link:label id="lab_bac_ConversionOfPreferredStockValueConverted_A6BC02AAAE3D39F0715B6228CF19F846_terseLabel_en-US" xlink:label="lab_bac_ConversionOfPreferredStockValueConverted_A6BC02AAAE3D39F0715B6228CF19F846" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Preferred stock in exchange value </link:label>
<link:label id="lab_bac_ConversionOfPreferredStockValueConverted_A6BC02AAAE3D39F0715B6228CF19F846_label_en-US" xlink:label="lab_bac_ConversionOfPreferredStockValueConverted_A6BC02AAAE3D39F0715B6228CF19F846" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Conversion Of Preferred Stock Value Converted </link:label>
<link:label id="lab_bac_ConversionOfPreferredStockValueConverted_A6BC02AAAE3D39F0715B6228CF19F846_documentation_en-US" xlink:label="lab_bac_ConversionOfPreferredStockValueConverted_A6BC02AAAE3D39F0715B6228CF19F846" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Conversion Of Preferred Stock Value Converted </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ConversionOfPreferredStockValueConverted" xlink:label="loc_bac_ConversionOfPreferredStockValueConverted_A6BC02AAAE3D39F0715B6228CF19F846" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_ConversionOfPreferredStockValueConverted_A6BC02AAAE3D39F0715B6228CF19F846" xlink:to="lab_bac_ConversionOfPreferredStockValueConverted_A6BC02AAAE3D39F0715B6228CF19F846" xlink:type="arc"/>
<link:label id="lab_us-gaap_ConversionOfStockSharesIssued1_C280CC9BF4E4F6506E10622B3764E6EC_terseLabel_en-US" xlink:label="lab_us-gaap_ConversionOfStockSharesIssued1_C280CC9BF4E4F6506E10622B3764E6EC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Common stock number of shares in exchange </link:label>
<link:label id="lab_us-gaap_ConversionOfStockSharesIssued1_C280CC9BF4E4F6506E10622B3764E6EC_label_en-US" xlink:label="lab_us-gaap_ConversionOfStockSharesIssued1_C280CC9BF4E4F6506E10622B3764E6EC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Conversion of Stock, Shares Issued </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ConversionOfStockSharesIssued1" xlink:label="loc_us-gaap_ConversionOfStockSharesIssued1_C280CC9BF4E4F6506E10622B3764E6EC" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ConversionOfStockAmountIssued1_D1DCA3B373DBE043B19662312EA86AA8_terseLabel_en-US" xlink:label="lab_us-gaap_ConversionOfStockAmountIssued1_D1DCA3B373DBE043B19662312EA86AA8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Common stock in exchange value </link:label>
<link:label id="lab_us-gaap_ConversionOfStockAmountIssued1_D1DCA3B373DBE043B19662312EA86AA8_label_en-US" xlink:label="lab_us-gaap_ConversionOfStockAmountIssued1_D1DCA3B373DBE043B19662312EA86AA8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Conversion of Stock, Amount Issued </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ConversionOfStockAmountIssued1" xlink:label="loc_us-gaap_ConversionOfStockAmountIssued1_D1DCA3B373DBE043B19662312EA86AA8" xlink:type="locator"/>
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<link:label id="lab_bac_ConversionOfPreferredStockForSeniorNotes_70A95BBB9C610CF4CA02A5447500A092_terseLabel_en-US" xlink:label="lab_bac_ConversionOfPreferredStockForSeniorNotes_70A95BBB9C610CF4CA02A5447500A092" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Conversion of preferred stock for senior notes </link:label>
<link:label id="lab_bac_ConversionOfPreferredStockForSeniorNotes_70A95BBB9C610CF4CA02A5447500A092_label_en-US" xlink:label="lab_bac_ConversionOfPreferredStockForSeniorNotes_70A95BBB9C610CF4CA02A5447500A092" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Conversion of Preferred Stock for Senior Notes </link:label>
<link:label id="lab_bac_ConversionOfPreferredStockForSeniorNotes_70A95BBB9C610CF4CA02A5447500A092_documentation_en-US" xlink:label="lab_bac_ConversionOfPreferredStockForSeniorNotes_70A95BBB9C610CF4CA02A5447500A092" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Conversion of Preferred Stock for Senior Notes </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ConversionOfPreferredStockForSeniorNotes" xlink:label="loc_bac_ConversionOfPreferredStockForSeniorNotes_70A95BBB9C610CF4CA02A5447500A092" xlink:type="locator"/>
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<link:label id="lab_bac_ConversionOfTrustPreferredSecuritiesForCommonShares_DA0FEC7469968CF54C3FA54729DDF751_terseLabel_en-US" xlink:label="lab_bac_ConversionOfTrustPreferredSecuritiesForCommonShares_DA0FEC7469968CF54C3FA54729DDF751" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Conversion of trust preferred securities for common shares </link:label>
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<link:label id="lab_bac_ConversionOfTrustPreferredSecuritiesForSeniorNotesValue_EBE0889D9EC296F63EEBA5484F31EAF0_terseLabel_en-US" xlink:label="lab_bac_ConversionOfTrustPreferredSecuritiesForSeniorNotesValue_EBE0889D9EC296F63EEBA5484F31EAF0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Conversion of trust preferred securities for senior notes, value </link:label>
<link:label id="lab_bac_ConversionOfTrustPreferredSecuritiesForSeniorNotesValue_EBE0889D9EC296F63EEBA5484F31EAF0_label_en-US" xlink:label="lab_bac_ConversionOfTrustPreferredSecuritiesForSeniorNotesValue_EBE0889D9EC296F63EEBA5484F31EAF0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Conversion of Trust Preferred Securities for Senior Notes, Value </link:label>
<link:label id="lab_bac_ConversionOfTrustPreferredSecuritiesForSeniorNotesValue_EBE0889D9EC296F63EEBA5484F31EAF0_documentation_en-US" xlink:label="lab_bac_ConversionOfTrustPreferredSecuritiesForSeniorNotesValue_EBE0889D9EC296F63EEBA5484F31EAF0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Conversion of Trust Preferred Securities for Senior Notes, Value </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ConversionOfTrustPreferredSecuritiesForSeniorNotesValue" xlink:label="loc_bac_ConversionOfTrustPreferredSecuritiesForSeniorNotesValue_EBE0889D9EC296F63EEBA5484F31EAF0" xlink:type="locator"/>
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<link:label id="lab_bac_ValueOfCancelledTrustPreferredSecuritiesJuniorSubordinatedNotesAndStockPurchaseAgreementsPursuantToExchangeOfTrustPreferredSecurities_6C6BACF04A7F241CA7BEA54C0A874607_terseLabel_en-US" xlink:label="lab_bac_ValueOfCancelledTrustPreferredSecuritiesJuniorSubordinatedNotesAndStockPurchaseAgreementsPursuantToExchangeOfTrustPreferredSecurities_6C6BACF04A7F241CA7BEA54C0A874607" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Value of cancelled trust preferred securities, junior subordinated notes, and stock purchase agreements pursuant to an exchange of trust preferred securities </link:label>
<link:label id="lab_bac_ValueOfCancelledTrustPreferredSecuritiesJuniorSubordinatedNotesAndStockPurchaseAgreementsPursuantToExchangeOfTrustPreferredSecurities_6C6BACF04A7F241CA7BEA54C0A874607_label_en-US" xlink:label="lab_bac_ValueOfCancelledTrustPreferredSecuritiesJuniorSubordinatedNotesAndStockPurchaseAgreementsPursuantToExchangeOfTrustPreferredSecurities_6C6BACF04A7F241CA7BEA54C0A874607" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Value of Cancelled Trust Preferred Securities, Junior Subordinated Notes, and Stock Purchase Agreements Pursuant to an Exchange of Trust Preferred Securities </link:label>
<link:label id="lab_bac_ValueOfCancelledTrustPreferredSecuritiesJuniorSubordinatedNotesAndStockPurchaseAgreementsPursuantToExchangeOfTrustPreferredSecurities_6C6BACF04A7F241CA7BEA54C0A874607_documentation_en-US" xlink:label="lab_bac_ValueOfCancelledTrustPreferredSecuritiesJuniorSubordinatedNotesAndStockPurchaseAgreementsPursuantToExchangeOfTrustPreferredSecurities_6C6BACF04A7F241CA7BEA54C0A874607" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Value of Cancelled Trust Preferred Securities, Junior Subordinated Notes, and Stock Purchase Agreements Pursuant to an Exchange of Trust Preferred Securities </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ValueOfCancelledTrustPreferredSecuritiesJuniorSubordinatedNotesAndStockPurchaseAgreementsPursuantToExchangeOfTrustPreferredSecurities" xlink:label="loc_bac_ValueOfCancelledTrustPreferredSecuritiesJuniorSubordinatedNotesAndStockPurchaseAgreementsPursuantToExchangeOfTrustPreferredSecurities_6C6BACF04A7F241CA7BEA54C0A874607" xlink:type="locator"/>
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<link:label id="lab_bac_NoncashDivestitureReductionInAssetsDueToDivestiture_0F62E7DB7D236FEA4C0861A40B71D4EB_terseLabel_en-US" xlink:label="lab_bac_NoncashDivestitureReductionInAssetsDueToDivestiture_0F62E7DB7D236FEA4C0861A40B71D4EB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Noncash divestiture reduction in assets due to divestiture </link:label>
<link:label id="lab_bac_NoncashDivestitureReductionInAssetsDueToDivestiture_0F62E7DB7D236FEA4C0861A40B71D4EB_label_en-US" xlink:label="lab_bac_NoncashDivestitureReductionInAssetsDueToDivestiture_0F62E7DB7D236FEA4C0861A40B71D4EB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Noncash Divestiture Reduction in Assets Due To Divestiture </link:label>
<link:label id="lab_bac_NoncashDivestitureReductionInAssetsDueToDivestiture_0F62E7DB7D236FEA4C0861A40B71D4EB_documentation_en-US" xlink:label="lab_bac_NoncashDivestitureReductionInAssetsDueToDivestiture_0F62E7DB7D236FEA4C0861A40B71D4EB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> The decrease in the value of assets due to a noncash divestiture. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_NoncashDivestitureReductionInAssetsDueToDivestiture" xlink:label="loc_bac_NoncashDivestitureReductionInAssetsDueToDivestiture_0F62E7DB7D236FEA4C0861A40B71D4EB" xlink:type="locator"/>
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<link:label id="lab_bac_NoncashDivestitureReductionInLiabilitiesDueToDivestiture_718508BB70A547D87D7261A40D46D653_terseLabel_en-US" xlink:label="lab_bac_NoncashDivestitureReductionInLiabilitiesDueToDivestiture_718508BB70A547D87D7261A40D46D653" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Noncash divestiture reduction in liabilities due to divestiture </link:label>
<link:label id="lab_bac_NoncashDivestitureReductionInLiabilitiesDueToDivestiture_718508BB70A547D87D7261A40D46D653_label_en-US" xlink:label="lab_bac_NoncashDivestitureReductionInLiabilitiesDueToDivestiture_718508BB70A547D87D7261A40D46D653" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Noncash Divestiture Reduction in Liabilities Due To Divestiture </link:label>
<link:label id="lab_bac_NoncashDivestitureReductionInLiabilitiesDueToDivestiture_718508BB70A547D87D7261A40D46D653_documentation_en-US" xlink:label="lab_bac_NoncashDivestitureReductionInLiabilitiesDueToDivestiture_718508BB70A547D87D7261A40D46D653" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> The decrease in the value of liabilities due to a noncash divestiture. </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_NoncashDivestitureReductionInLiabilitiesDueToDivestiture" xlink:label="loc_bac_NoncashDivestitureReductionInLiabilitiesDueToDivestiture_718508BB70A547D87D7261A40D46D653" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_NoncashDivestitureReductionInLiabilitiesDueToDivestiture_718508BB70A547D87D7261A40D46D653" xlink:to="lab_bac_NoncashDivestitureReductionInLiabilitiesDueToDivestiture_718508BB70A547D87D7261A40D46D653" xlink:type="arc"/>
<link:label id="lab_us-gaap_ProceedsFromSecuritizationsOfConsumerLoans_F6FE127DA7EE0BFE889E623B04C2F0FE_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromSecuritizationsOfConsumerLoans_F6FE127DA7EE0BFE889E623B04C2F0FE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Securitization of residential mortgage loans into mortgage backed securities </link:label>
<link:label id="lab_us-gaap_ProceedsFromSecuritizationsOfConsumerLoans_F6FE127DA7EE0BFE889E623B04C2F0FE_label_en-US" xlink:label="lab_us-gaap_ProceedsFromSecuritizationsOfConsumerLoans_F6FE127DA7EE0BFE889E623B04C2F0FE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Proceeds from Securitizations of Consumer Loans </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ProceedsFromSecuritizationsOfConsumerLoans" xlink:label="loc_us-gaap_ProceedsFromSecuritizationsOfConsumerLoans_F6FE127DA7EE0BFE889E623B04C2F0FE" xlink:type="locator"/>
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<link:label id="lab_bac_ExchangeOfCreditCardLoanToHeldToMaturityDebtSecurity_9D7437AF42B2C6A39C2B62415BEF53E3_terseLabel_en-US" xlink:label="lab_bac_ExchangeOfCreditCardLoanToHeldToMaturityDebtSecurity_9D7437AF42B2C6A39C2B62415BEF53E3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Exchange of credit card loan to held to maturity debt security </link:label>
<link:label id="lab_bac_ExchangeOfCreditCardLoanToHeldToMaturityDebtSecurity_9D7437AF42B2C6A39C2B62415BEF53E3_label_en-US" xlink:label="lab_bac_ExchangeOfCreditCardLoanToHeldToMaturityDebtSecurity_9D7437AF42B2C6A39C2B62415BEF53E3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Exchange Of Credit Card Loan To Held To Maturity Debt Security </link:label>
<link:label id="lab_bac_ExchangeOfCreditCardLoanToHeldToMaturityDebtSecurity_9D7437AF42B2C6A39C2B62415BEF53E3_documentation_en-US" xlink:label="lab_bac_ExchangeOfCreditCardLoanToHeldToMaturityDebtSecurity_9D7437AF42B2C6A39C2B62415BEF53E3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Exchange Of Credit Card Loan To Held To Maturity Debt Security </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_ExchangeOfCreditCardLoanToHeldToMaturityDebtSecurity" xlink:label="loc_bac_ExchangeOfCreditCardLoanToHeldToMaturityDebtSecurity_9D7437AF42B2C6A39C2B62415BEF53E3" xlink:type="locator"/>
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<link:label id="lab_bac_AllowanceOfLoanAndLeaseLossesRelatedToCreditCardToHeldToMaturityDebtSecurity_367D6D33B4E2E4653DAC09DEF49563F4_terseLabel_en-US" xlink:label="lab_bac_AllowanceOfLoanAndLeaseLossesRelatedToCreditCardToHeldToMaturityDebtSecurity_367D6D33B4E2E4653DAC09DEF49563F4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Allowance of loan and lease losses related to credit card to held to maturity debt security </link:label>
<link:label id="lab_bac_AllowanceOfLoanAndLeaseLossesRelatedToCreditCardToHeldToMaturityDebtSecurity_367D6D33B4E2E4653DAC09DEF49563F4_label_en-US" xlink:label="lab_bac_AllowanceOfLoanAndLeaseLossesRelatedToCreditCardToHeldToMaturityDebtSecurity_367D6D33B4E2E4653DAC09DEF49563F4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Allowance Of Loan And Lease Losses Related To Credit Card To Held To Maturity Debt Security </link:label>
<link:label id="lab_bac_AllowanceOfLoanAndLeaseLossesRelatedToCreditCardToHeldToMaturityDebtSecurity_367D6D33B4E2E4653DAC09DEF49563F4_documentation_en-US" xlink:label="lab_bac_AllowanceOfLoanAndLeaseLossesRelatedToCreditCardToHeldToMaturityDebtSecurity_367D6D33B4E2E4653DAC09DEF49563F4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Allowance Of Loan And Lease Losses Related To Credit Card To Held To Maturity Debt Security </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_AllowanceOfLoanAndLeaseLossesRelatedToCreditCardToHeldToMaturityDebtSecurity" xlink:label="loc_bac_AllowanceOfLoanAndLeaseLossesRelatedToCreditCardToHeldToMaturityDebtSecurity_367D6D33B4E2E4653DAC09DEF49563F4" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_AllowanceOfLoanAndLeaseLossesRelatedToCreditCardToHeldToMaturityDebtSecurity_367D6D33B4E2E4653DAC09DEF49563F4" xlink:to="lab_bac_AllowanceOfLoanAndLeaseLossesRelatedToCreditCardToHeldToMaturityDebtSecurity_367D6D33B4E2E4653DAC09DEF49563F4" xlink:type="arc"/>
<link:label id="lab_bac_HeldToMaturityDebtSecuritiesValueInExchangeOfCreditCardLoanAndRelatedAllowanceForLoanAndLeases_E31D1F598CA05BA9BC4A6246B1119741_terseLabel_en-US" xlink:label="lab_bac_HeldToMaturityDebtSecuritiesValueInExchangeOfCreditCardLoanAndRelatedAllowanceForLoanAndLeases_E31D1F598CA05BA9BC4A6246B1119741" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Held to maturity debt securities value in exchange of credit card loan and related allowance for loan and leases </link:label>
<link:label id="lab_bac_HeldToMaturityDebtSecuritiesValueInExchangeOfCreditCardLoanAndRelatedAllowanceForLoanAndLeases_E31D1F598CA05BA9BC4A6246B1119741_label_en-US" xlink:label="lab_bac_HeldToMaturityDebtSecuritiesValueInExchangeOfCreditCardLoanAndRelatedAllowanceForLoanAndLeases_E31D1F598CA05BA9BC4A6246B1119741" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Held To Maturity Debt Securities Value In Exchange Of Credit Card Loan And Related Allowance For Loan And Leases </link:label>
<link:label id="lab_bac_HeldToMaturityDebtSecuritiesValueInExchangeOfCreditCardLoanAndRelatedAllowanceForLoanAndLeases_E31D1F598CA05BA9BC4A6246B1119741_documentation_en-US" xlink:label="lab_bac_HeldToMaturityDebtSecuritiesValueInExchangeOfCreditCardLoanAndRelatedAllowanceForLoanAndLeases_E31D1F598CA05BA9BC4A6246B1119741" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Held To Maturity Debt Securities Value In Exchange Of Credit Card Loan And Related Allowance For Loan And Leases </link:label>
<link:loc xlink:href="bac-20111231.xsd#bac_HeldToMaturityDebtSecuritiesValueInExchangeOfCreditCardLoanAndRelatedAllowanceForLoanAndLeases" xlink:label="loc_bac_HeldToMaturityDebtSecuritiesValueInExchangeOfCreditCardLoanAndRelatedAllowanceForLoanAndLeases_E31D1F598CA05BA9BC4A6246B1119741" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bac_HeldToMaturityDebtSecuritiesValueInExchangeOfCreditCardLoanAndRelatedAllowanceForLoanAndLeases_E31D1F598CA05BA9BC4A6246B1119741" xlink:to="lab_bac_HeldToMaturityDebtSecuritiesValueInExchangeOfCreditCardLoanAndRelatedAllowanceForLoanAndLeases_E31D1F598CA05BA9BC4A6246B1119741" xlink:type="arc"/>
<link:label id="lab_us-gaap_NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1_9971902115034099053E6248C97280B6_terseLabel_en-US" xlink:label="lab_us-gaap_NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1_9971902115034099053E6248C97280B6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Noncash or part noncash acquisition, value of assets acquired </link:label>
<link:label id="lab_us-gaap_NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1_9971902115034099053E6248C97280B6_label_en-US" xlink:label="lab_us-gaap_NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1_9971902115034099053E6248C97280B6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Noncash or Part Noncash Acquisition, Value of Assets Acquired </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1" xlink:label="loc_us-gaap_NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1_9971902115034099053E6248C97280B6" xlink:type="locator"/>
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<link:label id="lab_us-gaap_NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1_548C1A032EE93523033F624972047EF0_terseLabel_en-US" xlink:label="lab_us-gaap_NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1_548C1A032EE93523033F624972047EF0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Noncash or part noncash acquisition, value of liabilities assumed </link:label>
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<link:label id="lab_dei_DocumentPeriodEndDate_3BA978E86918A224CA5E5E8C3F07E672_label_en-US" xlink:label="lab_dei_DocumentPeriodEndDate_3BA978E86918A224CA5E5E8C3F07E672" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Document Period End Date </link:label>
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<link:label id="lab_dei_AmendmentFlag_84AF3BD398C969764F1F5E8C9E6358A8_label_en-US" xlink:label="lab_dei_AmendmentFlag_84AF3BD398C969764F1F5E8C9E6358A8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Amendment Flag </link:label>
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<link:label id="lab_dei_DocumentFiscalYearFocus_DF91A0C879DC9088B1A95E8C5ADE2490_label_en-US" xlink:label="lab_dei_DocumentFiscalYearFocus_DF91A0C879DC9088B1A95E8C5ADE2490" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Document Fiscal Year Focus </link:label>
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<link:label id="lab_dei_EntityWellKnownSeasonedIssuer_6FE16636CA7CDE5A3FD25E8CDA2631A3_terseLabel_en-US" xlink:label="lab_dei_EntityWellKnownSeasonedIssuer_6FE16636CA7CDE5A3FD25E8CDA2631A3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Entity Well-known Seasoned Issuer </link:label>
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3 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 2/27/13  SEC                               UPLOAD10/03/17    1:36K  Bank of America Corp./DE
10/19/12  SEC                               UPLOAD10/03/17    1:200K Bank of America Corp./DE
 9/05/12  SEC                               UPLOAD10/03/17    1:208K Bank of America Corp./DE
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Filing Submission 0000070858-12-000155   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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