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

On:  Friday, 2/25/11, at 4:27pm ET   ·   For:  12/31/10   ·   Delayed-Release:  Document/Exhibit  –  Release Delayed   ·   Accession #:  950123-11-18743   ·   File #:  1-06523

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

 2/25/11  Bank of America Corp/DE           10-K12/31/10  191:87M                                    Donnelley … Solutions/FA

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   6.65M 
191: COVER     ¶ Comment-Response or Cover Letter to the SEC         HTML     46K  
 2: EX-3.B      Articles of Incorporation/Organization or Bylaws    HTML    125K 
 3: EX-4.EE     Instrument Defining the Rights of Security Holders  HTML     70K 
 4: EX-4.FF     Instrument Defining the Rights of Security Holders  HTML     68K 
 5: EX-4.GG     Instrument Defining the Rights of Security Holders  HTML     63K 
 6: EX-4.HH     Instrument Defining the Rights of Security Holders  HTML     63K 
 7: EX-10.C     Material Contract                                   HTML     48K 
 9: EX-10.DDD   Material Contract                                   HTML     49K 
10: EX-10.EEE   Material Contract                                   HTML     97K 
 8: EX-10.I     Material Contract                                   HTML    252K 
11: EX-10.III   Material Contract                                   HTML     70K 
12: EX-10.JJJ   Material Contract                                   HTML    122K 
13: EX-10.KKK   Material Contract                                   HTML     83K 
14: EX-10.LLL   Material Contract                                   HTML     75K 
16: EX-21       Subsidiaries List                                   HTML    500K 
17: EX-23       Consent of Experts or Counsel                       HTML     49K 
18: EX-24.A     Power of Attorney                                   HTML     56K 
19: EX-24.B     Power of Attorney                                   HTML     49K 
15: EX-12       Statement re: Computation of Ratios                 HTML     58K 
20: EX-31.A     Certification -- §302 - SOA'02                      HTML     50K 
21: EX-31.B     Certification -- §302 - SOA'02                      HTML     50K 
22: EX-32.A     Certification -- §906 - SOA'02                      HTML     46K 
23: EX-32.B     Certification -- §906 - SOA'02                      HTML     46K 
143: XML         IDEA XML File -- Definitions and References          XML    986K  
169: XML         IDEA XML File -- Filing Summary                      XML   1.32M  
160: XML.R1      Document and Entity Information                      XML    236K  
161: XML.R2      Consolidated Statement of Income                     XML    729K  
91: XML.R3      Consolidated Balance Sheet                           XML   1.13M 
107: XML.R4      Consolidated Balance Sheet (Parenthetical)           XML    439K  
140: XML.R5      Consolidated Statement of Changes in Shareholders'   XML   1.57M  
                Equity                                                           
134: XML.R6      Consolidated Statement of Cash Flows                 XML    734K  
179: XML.R7      Consolidated Statement of Cash Flows                 XML    331K  
                (Parenthetical)                                                  
54: XML.R8      Summary of Significant Accounting Principles         XML    173K 
133: XML.R9      Merger and Restructuring Activity                    XML    144K  
47: XML.R10     Trading Account Assets and Liabilities               XML     89K 
46: XML.R11     Derivatives                                          XML    601K 
90: XML.R12     Securities                                           XML    515K 
152: XML.R13     Outstanding Loans and Leases                         XML    521K  
95: XML.R14     Allowance for Credit Losses                          XML    172K 
100: XML.R15     Securitizations and Other Variable Interest          XML    682K  
                Entities                                                         
125: XML.R16     Representations and Warranties Obligations and       XML    172K  
                Corporate Guarantees                                             
188: XML.R17     Goodwill and Intangible Assets                       XML    117K  
78: XML.R18     Deposits                                             XML     95K 
30: XML.R19     Federal Funds Sold, Securities Borrowed or           XML    124K 
                Purchased Under Agreements to Resell and                         
                Short-term Borrowings                                            
105: XML.R20     Long-term Debt                                       XML    389K  
149: XML.R21     Commitments and Contingencies                        XML    257K  
62: XML.R22     Shareholders' Equity                                 XML    181K 
141: XML.R23     Accumulated Other Comprehensive Income               XML    129K  
101: XML.R24     Earnings Per Common Share                            XML    111K  
178: XML.R25     Regulatory Requirements and Restrictions             XML    127K  
155: XML.R26     Employee Benefit Plans                               XML    599K  
111: XML.R27     Stock Based Compensation Plans                       XML    112K  
126: XML.R28     Income Taxes                                         XML    222K  
45: XML.R29     Fair Value Measurements                              XML    833K 
50: XML.R30     Fair Value Option                                    XML    185K 
66: XML.R31     Fair Value of Financial Instruments                  XML     90K 
85: XML.R32     Mortgage Servicing Rights                            XML    119K 
124: XML.R33     Business Segment Information                         XML    396K  
154: XML.R34     Parent Company Information                           XML    177K  
37: XML.R35     Performance By Geographic Area                       XML    122K 
55: XML.R36     Summary of Significant Accounting Principles         XML    100K 
                (Policies)                                                       
164: XML.R37     Merger and Restructuring Activity (Tables)           XML    155K  
176: XML.R38     Trading Account Assets and Liabilities (Tables)      XML     87K  
113: XML.R39     Derivatives (Tables)                                 XML    606K  
185: XML.R40     Securities (Tables)                                  XML    544K  
56: XML.R41     Outstanding Loans and Leases (Tables)                XML    559K 
187: XML.R42     Allowance for Credit Losses (Tables)                 XML    175K  
70: XML.R43     Securitizations and Other Variable Interest          XML    690K 
                Entities (Tables)                                                
33: XML.R44     Representations and Warranties Obligations and       XML    154K 
                Corporate Guarantees (Tables)                                    
67: XML.R45     Goodwill and Intangible Assets (Tables)              XML    106K 
148: XML.R46     Deposits (Tables)                                    XML     99K  
174: XML.R47     Federal Funds Sold, Securities Borrowed or           XML    121K  
                Purchased Under Agreements to Resell and                         
                Short-term Borrowings (Tables)                                   
98: XML.R48     Long-term Debt (Tables)                              XML    389K 
73: XML.R49     Commitments and Contingencies (Tables)               XML    125K 
123: XML.R50     Shareholder's Equity (Tables)                        XML    163K  
43: XML.R51     Accumulated Other Comprehensive Income (Tables)      XML    126K 
129: XML.R52     Earnings Per Common Share (Tables)                   XML    106K  
76: XML.R53     Regulatory Requirements and Restrictions (Tables)    XML    112K 
53: XML.R54     Employee Benefit Plans (Tables)                      XML    645K 
172: XML.R55     Stock-Based Compensation Plans (Tables)              XML    109K  
166: XML.R56     Income Taxes (Tables)                                XML    246K  
89: XML.R57     Fair Value Measurements (Tables)                     XML    837K 
60: XML.R58     Fair Value Option (Tables)                           XML    145K 
157: XML.R59     Fair Value of Financial Instruments (Tables)         XML     85K  
49: XML.R60     Mortage Servicing Rights (Tables)                    XML    129K 
135: XML.R61     Business Segment Information (Tables)                XML    394K  
130: XML.R62     Parent Company Information (Tables)                  XML    189K  
165: XML.R63     Performance by Geographical Area (Tables)            XML    121K  
159: XML.R64     Summary of Significant Accounting Principles         XML    958K  
                (Details)                                                        
181: XML.R65     Merger and Restructuring Activity (Details)          XML    215K  
58: XML.R66     Merger and Restructuring Activity (Details 1)        XML    504K 
88: XML.R67     Merger and Restructuring Activity (Details 2)        XML    132K 
119: XML.R68     Merger and Restructuring Activity (Details 3)        XML    318K  
103: XML.R69     Merger and Restructuring Activity (Details           XML    446K  
                Textuals)                                                        
122: XML.R70     Trading Account Assets and Liabilities (Details)     XML    511K  
186: XML.R71     Derivatives (Details)                                XML   7.25M  
59: XML.R72     Derivatives (Details 1)                              XML    426K 
71: XML.R73     Derivatives (Details 2)                              XML    517K 
65: XML.R74     Derivatives (Details Textuals)                       XML    479K 
115: XML.R75     Securities (Details)                                 XML   3.66M  
128: XML.R76     Securities (Details 1)                               XML   4.67M  
110: XML.R77     Securities (Details 2)                               XML    478K  
99: XML.R78     Securities (Details 3)                               XML    120K 
57: XML.R79     Securities (Details 4)                               XML    182K 
35: XML.R80     Securities (Details Textuals)                        XML   1.40M 
117: XML.R81     Outstanding Loans and Leases (Details)               XML   1.82M  
87: XML.R82     Outstanding Loans and Leases (Details 1)             XML    410K 
109: XML.R83     Outstanding Loans and Leases (Details 2)             XML   2.61M  
145: XML.R84     Outstanding Loans and Leases (Details 3)             XML    554K  
139: XML.R85     Outstanding Loans and Leases (Details 4)             XML    230K  
80: XML.R86     Outstanding Loans and Leases (Details 5)             XML    858K 
151: XML.R87     Outstanding Loans and Leases (Details 6)             XML    720K  
136: XML.R88     Outstanding Loans and Leases (Details 7)             XML    218K  
64: XML.R89     Outstanding Loans and Leases (Details 8)             XML    130K 
97: XML.R90     Outstanding Loans and Leases (Details Textuals)      XML   1.28M 
138: XML.R91     Allowance for Credit Losses (Details 1)              XML    615K  
77: XML.R92     Allowance for Credit Losses (Details 2)              XML   1.32M 
156: XML.R93     Allowance for Credit Losses (Details Textuals)       XML    260K  
83: XML.R94     Securitizations and Other Variable Interest          XML   1.20M 
                Entities (Details 1)                                             
144: XML.R95     Securitizations and Other Variable Interest          XML   3.44M  
                Entities (Details 2)                                             
118: XML.R96     Securitizations and Other Variable Interest          XML   3.95M  
                Entities (Details 3)                                             
36: XML.R97     Securitizations and Other Variable Interest          XML   1.44M 
                Entities (Details 4)                                             
81: XML.R98     Securitizations and Other Variable Interest          XML   1.27M 
                Entities (Details Textuals)                                      
150: XML.R99     Representations and Warranties Obligations and       XML    540K  
                Corporate Guarantees (Details)                                   
51: XML.R100    Representations and Warranties Obligations and       XML    480K 
                Corporate Guarantees (Details 1)                                 
112: XML.R101    Representations and Warranties Obligations and       XML    360K  
                Corporate Guarantees (Details Textuals)                          
127: XML.R102    Goodwill and Intangible Assets (Details 1)           XML    544K  
163: XML.R103    Goodwill and Intangible Assets (Details 2)           XML    345K  
190: XML.R104    Goodwill and Intangible Assets (Details Textuals)    XML    482K  
74: XML.R105    Deposits (Details)                                   XML    475K 
38: XML.R106    Federal Funds Sold, Securities Borrowed or           XML    793K 
                Purchased Under Agreements to Resell and                         
                Short-term Borrowings (Details)                                  
79: XML.R107    Long-term Debt (Details)                             XML   2.11M 
86: XML.R108    Long-term Debt (Details 1)                           XML    732K 
48: XML.R109    Long-term Debt (Details 2)                           XML   7.81M 
171: XML.R110    Long-Term Debt (Details Textuals)                    XML    635K  
168: XML.R111    Commitments and Contingencies (Details)              XML   9.96M  
42: XML.R112    Shareholder's Equity (Details)                       XML   3.04M 
92: XML.R113    Shareholders Equity (Details Textuals)               XML   1.21M 
108: XML.R114    Accumulated Other Comprehensive Income (Details)     XML    756K  
142: XML.R115    Earnings Per Common Share (Details 1)                XML    179K  
44: XML.R116    Earnings Per Common Share (Details 2)                XML    166K 
180: XML.R117    Earnings Per Common Share (Details Textual)          XML    242K  
120: XML.R118    Regulatory Requirements and Restrictions (Details)   XML    472K  
104: XML.R119    Regulatory Requirements and Restrictions (Details    XML    493K  
                Textuals)                                                        
41: XML.R120    Employee Benefit Plans (Details)                     XML    651K 
147: XML.R121    Employee Benefit Plans (Details 1)                   XML   1.15M  
131: XML.R122    Employee Benefit Plans (Details 2)                   XML   1.19M  
82: XML.R123    Employee Benefit Plans (Details 3)                   XML    860K 
72: XML.R124    Employee Benefit Plans (Details 4)                   XML    408K 
96: XML.R125    Employee Benefit Plans (Details 5)                   XML    495K 
183: XML.R126    Employee Benefit Plans (Details 6)                   XML    370K  
114: XML.R127    Employee Benefit Plans (Details 7)                   XML   1.94M  
116: XML.R128    Employee Benefit Plans (Details 8)                   XML    803K  
158: XML.R129    Employee Benefit Plans (Details 9)                   XML    373K  
132: XML.R130    Employee Benefit Plans (Details Textuals)            XML   1.31M  
32: XML.R131    Stock-Based Compensation Plans (Details)             XML    560K 
162: XML.R132    Stock-Based Compensation Plans (Details 1)           XML    812K  
68: XML.R133    Income Taxes (Details)                               XML   2.87M 
94: XML.R134    Fair Value Measurements (Details 1)                  XML   8.81M 
121: XML.R135    Fair Value Measurements (Details 2)                  XML   2.45M  
106: XML.R136    Fair Value Measurements (Details 3)                  XML    740K  
182: XML.R137    Fair Value Measurements (Details 4)                  XML   1.92M  
69: XML.R138    Fair Value Measurements (Details 5)                  XML    774K 
52: XML.R139    Fair Value Measurements (Details 6)                  XML    249K 
189: XML.R140    Fair Value Measurements (Details Textuals)           XML    541K  
175: XML.R141    Fair Value Option (Details)                          XML   1.52M  
93: XML.R142    Fair Value Option (Details 1)                        XML    520K 
31: XML.R143    Fair Value Option (Details Textuals)                 XML     87K 
167: XML.R144    Fair Value of Financial Instruments (Details)        XML    210K  
177: XML.R145    Mortage Servicing Rights (Details)                   XML    223K  
39: XML.R146    Mortgage Servicing Rights (Details 1)                XML    163K 
75: XML.R147    Mortgage Servicing Rights (Details 2)                XML    309K 
102: XML.R148    Mortgage Servicing Rights (Details Textuals)         XML     78K  
184: XML.R149    Business Segment Information (Details)               XML   1.40M  
63: XML.R150    Business Segment Information (Details 1)             XML   1.76M 
84: XML.R151    Business Segment Information (Details 2)             XML    626K 
137: XML.R152    Business Segment Information (Details 3)             XML    331K  
40: XML.R153    Parent Company Information (Details)                 XML    428K 
34: XML.R154    Parent Company Information (Details 1)               XML    551K 
146: XML.R155    Parent Company Information (Details 2)               XML    573K  
61: XML.R156    Performance by Geographical Area (Details)           XML    629K 
173: XML.R157    Performance by Geographical Area (Details            XML    244K  
                Textuals)                                                        
170: EXCEL       IDEA Workbook of Financial Reports (.xls)            XLS  11.72M  
24: EX-101.INS  XBRL Instance -- bac-20101231                        XML  17.41M 
26: EX-101.CAL  XBRL Calculations -- bac-20101231_cal                XML    381K 
29: EX-101.DEF  XBRL Definitions -- bac-20101231_def                 XML   3.49M 
27: EX-101.LAB  XBRL Labels -- bac-20101231_lab                      XML   5.83M 
28: EX-101.PRE  XBRL Presentations -- bac-20101231_pre               XML   4.32M 
25: EX-101.SCH  XBRL Schema -- bac-20101231                          XSD   1.11M 
153: ZIP         XBRL Zipped Folder -- 0000950123-11-018743-xbrl      Zip   1.02M

‘EX-101.LAB’   —   XBRL Labels — bac-20101231_lab

This Exhibit is an XBRL XML File.

                                                                                                                                                                                
<?xml version="1.0" standalone="no" encoding="windows-1252"?>
<!-- Extended XBRL Label Linkbase created with Bowne Tagger XBRL Enabler by Bowne Software version 10.0.0.60 -->
<!-- Based on XBRL 2.1 -->
<!-- Modified on: 2/25/2011 1:21:40 PM -->
<linkbase xmlns="http://www.xbrl.org/2003/linkbase" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
<roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2008-03-31.xsd#negated" roleURI="http://xbrl.us/us-gaap/role/label/negated"/>
<roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2008-03-31.xsd#negatedTotal" roleURI="http://xbrl.us/us-gaap/role/label/negatedTotal"/>
<roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2008-03-31.xsd#negatedPeriodStart" roleURI="http://xbrl.us/us-gaap/role/label/negatedPeriodStart"/>
<roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2008-03-31.xsd#negatedPeriodEnd" roleURI="http://xbrl.us/us-gaap/role/label/negatedPeriodEnd"/>
<labelLink xlink:type="extended" xlink:role="http://www.xbrl.org/2003/role/link">
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DerivativeAssets" xlink:label="us-gaap_DerivativeAssets"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeAssets" xlink:to="us-gaap_DerivativeAssets_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_DerivativeAssets_lbl" xml:lang="en-US"> Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DerivativeAssets_lbl" xml:lang="en-US"> Derivative Assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_DerivativeAssets_lbl" xml:lang="en-US"> Total </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DerivativeLiabilities" xlink:label="us-gaap_DerivativeLiabilities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeLiabilities" xlink:to="us-gaap_DerivativeLiabilities_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_DerivativeLiabilities_lbl" xml:lang="en-US"> Derivative liabilities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_DerivativeLiabilities_lbl" xml:lang="en-US"> Derivative Liabilities, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DerivativeLiabilities_lbl" xml:lang="en-US"> Derivative Liabilities </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_TradingSecurities" xlink:label="us-gaap_TradingSecurities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TradingSecurities" xlink:to="us-gaap_TradingSecurities_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_TradingSecurities_lbl" xml:lang="en-US"> Trading Securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_TradingSecurities_lbl" xml:lang="en-US"> Trading account assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_TradingSecurities_lbl" xml:lang="en-US"> Trading Securities, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_TradingSecurities_lbl" xml:lang="en-US"> Trading account assets (includes $28,093 and $30,921 pledged as collateral) </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_InterestIncomeExpenseNet" xlink:label="us-gaap_InterestIncomeExpenseNet"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestIncomeExpenseNet" xlink:to="us-gaap_InterestIncomeExpenseNet_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InterestIncomeExpenseNet_lbl" xml:lang="en-US"> Interest Income (Expense), Net </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_InterestIncomeExpenseNet_lbl" xml:lang="en-US"> Net Interest Income </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_InterestIncomeExpenseNet_lbl" xml:lang="en-US"> Net Interest Income </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_InterestIncomeExpenseNet_lbl" xml:lang="en-US"> Net interest income </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_Revenues" xlink:label="us-gaap_Revenues"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Revenues" xlink:to="us-gaap_Revenues_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_Revenues_lbl" xml:lang="en-US"> Revenues </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_Revenues_lbl" xml:lang="en-US"> Total revenue, net of interest expense </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_Revenues_lbl" xml:lang="en-US"> Total Revenue </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_Revenues_lbl" xml:lang="en-US"> Revenues for BlackRock </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_TradingGainsLosses" xlink:label="us-gaap_TradingGainsLosses"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TradingGainsLosses" xlink:to="us-gaap_TradingGainsLosses_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_TradingGainsLosses_lbl" xml:lang="en-US"> Trading Gains (Losses) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_TradingGainsLosses_lbl" xml:lang="en-US"> Trading Account Profits </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_TradingGainsLosses_lbl" xml:lang="en-US"> Trading Account Profits (Losses) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_TradingGainsLosses_lbl" xml:lang="en-US"> Trading account profits (losses) </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ConsolidationOfVariableInterestEntities" xlink:label="bac_ConsolidationOfVariableInterestEntities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ConsolidationOfVariableInterestEntities" xlink:to="bac_ConsolidationOfVariableInterestEntities_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ConsolidationOfVariableInterestEntities_lbl" xml:lang="en-US"> Consolidation Of Variable Interest Entities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ConsolidationOfVariableInterestEntities_lbl" xml:lang="en-US"> Consolidation of VIEs </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ConsolidationOfVariableInterestEntities_lbl" xml:lang="en-US"> This represents the impact from consolidation of variable interest entities. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MergerAndRestructuringCharges" xlink:label="bac_MergerAndRestructuringCharges"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MergerAndRestructuringCharges" xlink:to="bac_MergerAndRestructuringCharges_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MergerAndRestructuringCharges_lbl" xml:lang="en-US"> Merger And Restructuring Charges </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bac_MergerAndRestructuringCharges_lbl" xml:lang="en-US"> Merger and restructuring charges </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_MergerAndRestructuringCharges_lbl" xml:lang="en-US"> Merger and restructuring charges </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_MergerAndRestructuringCharges_lbl" xml:lang="en-US"> Merger and restructuring charges </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MergerAndRestructuringCharges_lbl" xml:lang="en-US"> Amount charged against earnings in the period for certain costs associated with a successful business combination. Such costs could include costs associated with severance and employee-related charges, systems integrations and other related charges as well as other restructuring charges. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_OtherThanTemporaryImpairmentLossesOnAvailableForSaleDebtSecuritiesAbstract" xlink:label="bac_OtherThanTemporaryImpairmentLossesOnAvailableForSaleDebtSecuritiesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_OtherThanTemporaryImpairmentLossesOnAvailableForSaleDebtSecuritiesAbstract" xlink:to="bac_OtherThanTemporaryImpairmentLossesOnAvailableForSaleDebtSecuritiesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_OtherThanTemporaryImpairmentLossesOnAvailableForSaleDebtSecuritiesAbstract_lbl" xml:lang="en-US"> Other Than Temporary Impairment Losses On Available For Sale Debt Securities Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_OtherThanTemporaryImpairmentLossesOnAvailableForSaleDebtSecuritiesAbstract_lbl" xml:lang="en-US"> Other-than-temporary impairment losses on available-for-sale debt securities: </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_OtherThanTemporaryImpairmentLossesOnAvailableForSaleDebtSecuritiesAbstract_lbl" xml:lang="en-US"> Other-than-temporary impairment losses on Available For Sale debt securities [Abstract] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NetImpairmentLossesOnAvailableForSaleDebtSecurities" xlink:label="bac_NetImpairmentLossesOnAvailableForSaleDebtSecurities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NetImpairmentLossesOnAvailableForSaleDebtSecurities" xlink:to="bac_NetImpairmentLossesOnAvailableForSaleDebtSecurities_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NetImpairmentLossesOnAvailableForSaleDebtSecurities_lbl" xml:lang="en-US"> Net Impairment Losses On Available For Sale Debt Securities </label>
<label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="bac_NetImpairmentLossesOnAvailableForSaleDebtSecurities_lbl" xml:lang="en-US"> Net impairment losses recognized in earnings on available-for-sale debt securities </label>
<label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negatedTotal" xlink:label="bac_NetImpairmentLossesOnAvailableForSaleDebtSecurities_lbl" xml:lang="en-US"> Net impairment losses recognized in earnings on available-for-sale debt securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_NetImpairmentLossesOnAvailableForSaleDebtSecurities_lbl" xml:lang="en-US"> Net impairment losses recognized in earnings on available-for-sale debt securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NetImpairmentLossesOnAvailableForSaleDebtSecurities_lbl" xml:lang="en-US"> This item represents the amount of loss recognized for other than temporary impairments of investments in debt securities, net of noncredit impairment losses on certain debt securities that are recognized in other comprehensive income. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NonCreditPortionOfOtherThanTemporaryImpairmentsOfDebtReclassificationRecognizedInOtherComprehensiveIncome" xlink:label="bac_NonCreditPortionOfOtherThanTemporaryImpairmentsOfDebtReclassificationRecognizedInOtherComprehensiveIncome"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NonCreditPortionOfOtherThanTemporaryImpairmentsOfDebtReclassificationRecognizedInOtherComprehensiveIncome" xlink:to="bac_NonCreditPortionOfOtherThanTemporaryImpairmentsOfDebtReclassificationRecognizedInOtherComprehensiveIncome_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NonCreditPortionOfOtherThanTemporaryImpairmentsOfDebtReclassificationRecognizedInOtherComprehensiveIncome_lbl" xml:lang="en-US"> Non Credit Portion Of Other Than Temporary Impairments Of Debt Reclassification Recognized In Other Comprehensive Income </label>
<label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negatedTotal" xlink:label="bac_NonCreditPortionOfOtherThanTemporaryImpairmentsOfDebtReclassificationRecognizedInOtherComprehensiveIncome_lbl" xml:lang="en-US"> Less: Portion of other-than-temporary impairment losses recognized in other comprehensive income </label>
<label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="bac_NonCreditPortionOfOtherThanTemporaryImpairmentsOfDebtReclassificationRecognizedInOtherComprehensiveIncome_lbl" xml:lang="en-US"> Unrealized other than temporary impairment losses recognized in OCI </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bac_NonCreditPortionOfOtherThanTemporaryImpairmentsOfDebtReclassificationRecognizedInOtherComprehensiveIncome_lbl" xml:lang="en-US"> Unrealized other than temporary impairment losses recognized in OCI </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_NonCreditPortionOfOtherThanTemporaryImpairmentsOfDebtReclassificationRecognizedInOtherComprehensiveIncome_lbl" xml:lang="en-US"> Less: Portion of other-than-temporary impairment losses recognized in other comprehensive income </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NonCreditPortionOfOtherThanTemporaryImpairmentsOfDebtReclassificationRecognizedInOtherComprehensiveIncome_lbl" xml:lang="en-US"> Less: Portion of other-than-temporary impairment losses recognized in other comprehensive income </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NonCreditPortionOfOtherThanTemporaryImpairmentsOfDebtReclassificationRecognizedInOtherComprehensiveIncome_lbl" xml:lang="en-US"> Noncredit portion of impairment losses on debt securities reclassified to OCI for those securities that meet the criteria to have impairment losses bifurcated between net income (credit losses) and OCI (noncredit losses). </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AvailableForSaleDebtSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount" xlink:label="bac_AvailableForSaleDebtSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AvailableForSaleDebtSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount" xlink:to="bac_AvailableForSaleDebtSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AvailableForSaleDebtSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount_lbl" xml:lang="en-US"> Available For Sale Debt Securities Realized Gain Loss Other Than Temporary Impairments Amount </label>
<label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="bac_AvailableForSaleDebtSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount_lbl" xml:lang="en-US"> Total other-than-temporary impairment losses </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AvailableForSaleDebtSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount_lbl" xml:lang="en-US"> Total other-than-temporary impairment losses </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AvailableForSaleDebtSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount_lbl" xml:lang="en-US"> This element represents the amount of loss recognized for other than temporary impairments of investments in debt securities. Portion of other-than-temporary impairment losses recognized in OCI. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MortgageBankingIncome" xlink:label="bac_MortgageBankingIncome"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MortgageBankingIncome" xlink:to="bac_MortgageBankingIncome_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MortgageBankingIncome_lbl" xml:lang="en-US"> Mortgage banking income </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_MortgageBankingIncome_lbl" xml:lang="en-US"> Mortgage banking income </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MortgageBankingIncome_lbl" xml:lang="en-US"> The noninterest income derived from mortgage banking activities (fees and commissions), including fees earned from servicing third-party assets. In addition, includes the adjustment to the carrying value of the rights retained or purchased to service mortgages. These adjustments are made when the estimate of the fair value is changed. This element is a noncash adjustment to net income when calculating net cash generated by operating activities using the indirect method. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_EquityInvestmentGainsLosses" xlink:label="bac_EquityInvestmentGainsLosses"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_EquityInvestmentGainsLosses" xlink:to="bac_EquityInvestmentGainsLosses_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_EquityInvestmentGainsLosses_lbl" xml:lang="en-US"> Equity Investment Gains Losses </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_EquityInvestmentGainsLosses_lbl" xml:lang="en-US"> Equity investment income </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_EquityInvestmentGainsLosses_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_InvestmentBankingAndUnderwritingRevenue" xlink:label="bac_InvestmentBankingAndUnderwritingRevenue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_InvestmentBankingAndUnderwritingRevenue" xlink:to="bac_InvestmentBankingAndUnderwritingRevenue_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_InvestmentBankingAndUnderwritingRevenue_lbl" xml:lang="en-US"> Investment Banking And Underwriting Revenue </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_InvestmentBankingAndUnderwritingRevenue_lbl" xml:lang="en-US"> Investment banking income </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_InvestmentBankingAndUnderwritingRevenue_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_BrokerageCommissionsAndAssetManagementFeesRevenue" xlink:label="bac_BrokerageCommissionsAndAssetManagementFeesRevenue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_BrokerageCommissionsAndAssetManagementFeesRevenue" xlink:to="bac_BrokerageCommissionsAndAssetManagementFeesRevenue_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_BrokerageCommissionsAndAssetManagementFeesRevenue_lbl" xml:lang="en-US"> Brokerage Commissions And Asset Management Fees Revenue </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_BrokerageCommissionsAndAssetManagementFeesRevenue_lbl" xml:lang="en-US"> Investment and brokerage services </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_BrokerageCommissionsAndAssetManagementFeesRevenue_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FeesAndCommissionsCreditAndDebitCards" xlink:label="bac_FeesAndCommissionsCreditAndDebitCards"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FeesAndCommissionsCreditAndDebitCards" xlink:to="bac_FeesAndCommissionsCreditAndDebitCards_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FeesAndCommissionsCreditAndDebitCards_lbl" xml:lang="en-US"> Fees And Commissions Credit And Debit Cards </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bac_FeesAndCommissionsCreditAndDebitCards_lbl" xml:lang="en-US"> Card income (loss) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FeesAndCommissionsCreditAndDebitCards_lbl" xml:lang="en-US"> Card income </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FeesAndCommissionsCreditAndDebitCards_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_InterestIncomeDebtSecurities" xlink:label="bac_InterestIncomeDebtSecurities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_InterestIncomeDebtSecurities" xlink:to="bac_InterestIncomeDebtSecurities_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_InterestIncomeDebtSecurities_lbl" xml:lang="en-US"> Interest Income Debt Securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_InterestIncomeDebtSecurities_lbl" xml:lang="en-US"> Debt securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_InterestIncomeDebtSecurities_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_OtherEquity" xlink:label="bac_OtherEquity"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_OtherEquity" xlink:to="bac_OtherEquity_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_OtherEquity_lbl" xml:lang="en-US"> Other Equity </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_OtherEquity_lbl" xml:lang="en-US"> Other </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_OtherEquity_lbl" xml:lang="en-US"> Equity not otherwise defined. Includes deferred compensation for the issuance of common stock issued for the restricted stock awards. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchase" xlink:label="bac_FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchase"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchase" xlink:to="bac_FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchase_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchase_lbl" xml:lang="en-US"> Federal Funds Purchased And Securities Loaned Or Sold Under Agreements To Repurchase </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchase_lbl" xml:lang="en-US"> Federal funds purchased and securities loaned or sold under agreements to repurchase (includes $37,424 and $37,325 measured at fair value) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchase_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LoansHeldForSaleNet" xlink:label="bac_LoansHeldForSaleNet"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LoansHeldForSaleNet" xlink:to="bac_LoansHeldForSaleNet_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LoansHeldForSaleNet_lbl" xml:lang="en-US"> Loans held-for-sale Net </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bac_LoansHeldForSaleNet_lbl" xml:lang="en-US"> Loans held-for-sale (includes $25,942 and $32,795 measured at fair value) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_LoansHeldForSaleNet_lbl" xml:lang="en-US"> Loans held-for-sale </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LoansHeldForSaleNet_lbl" xml:lang="en-US"> The aggregate amount of loans receivable that will be sold to other entities. Includes mortgage and all other loans (collectively, loans) not classified as held for investment. Such loans are stated at the lower of cost or market, or have been elected at fair value. Mortgage loans exclude mortgage-backed securities which are considered a debt security (other loan). </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MortgageServicingRights" xlink:label="bac_MortgageServicingRights"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MortgageServicingRights" xlink:to="bac_MortgageServicingRights_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MortgageServicingRights_lbl" xml:lang="en-US"> Mortgage Servicing Rights </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_MortgageServicingRights_lbl" xml:lang="en-US"> Mortgage servicing rights (includes $14,900 and $19,465 measured at fair value) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MortgageServicingRights_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DebtSecuritiesAbstract" xlink:label="bac_DebtSecuritiesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DebtSecuritiesAbstract" xlink:to="bac_DebtSecuritiesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DebtSecuritiesAbstract_lbl" xml:lang="en-US"> Debt Securities Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_DebtSecuritiesAbstract_lbl" xml:lang="en-US"> Debt securities: </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DebtSecuritiesAbstract_lbl" xml:lang="en-US"> Debt securities [Abstract] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResell" xlink:label="bac_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResell"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResell" xlink:to="bac_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResell_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResell_lbl" xml:lang="en-US"> Federal Funds Sold And Securities Borrowed Or Purchased Under Agreements To Resell </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResell_lbl" xml:lang="en-US"> Federal funds sold and securities borrowed or purchased under agreements to resell (includes $78,599 and $57,775 measured at fair value and $209,249 and $189,844 pledged as collateral) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResell_lbl" 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. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_OtherEquity_lbl" xml:lang="en-US"> Other </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellPledgedAsCollateral" xlink:label="bac_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellPledgedAsCollateral"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellPledgedAsCollateral" xlink:to="bac_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellPledgedAsCollateral_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellPledgedAsCollateral_lbl" xml:lang="en-US"> Federal Funds Sold And Securities Borrowed Or Purchased Under Agreements To Resell Pledged As Collateral </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellPledgedAsCollateral_lbl" xml:lang="en-US"> Federal funds sold and securities borrowed or purchased under agreements to resell, pledged as collateral </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellPledgedAsCollateral_lbl" xml:lang="en-US"> The fair value of federal funds sold and securities borrowed or purchased under agreements to resell that serve as collateral for borrowings. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AvailableForSaleDebtSecuritiesPledgedAsCollateral" xlink:label="bac_AvailableForSaleDebtSecuritiesPledgedAsCollateral"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AvailableForSaleDebtSecuritiesPledgedAsCollateral" xlink:to="bac_AvailableForSaleDebtSecuritiesPledgedAsCollateral_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AvailableForSaleDebtSecuritiesPledgedAsCollateral_lbl" xml:lang="en-US"> Available For Sale Debt Securities Pledged As Collateral </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AvailableForSaleDebtSecuritiesPledgedAsCollateral_lbl" xml:lang="en-US"> Available-for-sale, pledged as collateral </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AvailableForSaleDebtSecuritiesPledgedAsCollateral_lbl" xml:lang="en-US"> The fair value of available-for-sale debt securities that serve as collateral for borrowings. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_InterestBearingDepositLiabilitiesDomesticMeasuredAtFairValue" xlink:label="bac_InterestBearingDepositLiabilitiesDomesticMeasuredAtFairValue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_InterestBearingDepositLiabilitiesDomesticMeasuredAtFairValue" xlink:to="bac_InterestBearingDepositLiabilitiesDomesticMeasuredAtFairValue_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_InterestBearingDepositLiabilitiesDomesticMeasuredAtFairValue_lbl" xml:lang="en-US"> Interest Bearing Deposit Liabilities Domestic Measured At Fair Value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bac_InterestBearingDepositLiabilitiesDomesticMeasuredAtFairValue_lbl" xml:lang="en-US"> Fair Value of long-term fixed-rate and rate-linked deposits recorded in interest-bearing deposits </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_InterestBearingDepositLiabilitiesDomesticMeasuredAtFairValue_lbl" xml:lang="en-US"> Interest-bearing, measured at fair value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_InterestBearingDepositLiabilitiesDomesticMeasuredAtFairValue_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepourchaseFairValueDisclosure" xlink:label="bac_FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepourchaseFairValueDisclosure"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepourchaseFairValueDisclosure" xlink:to="bac_FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepourchaseFairValueDisclosure_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepourchaseFairValueDisclosure_lbl" xml:lang="en-US"> Federal Funds Purchased And Securities Loaned Or Sold Under Agreements To Repourchase Fair Value Disclosure </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepourchaseFairValueDisclosure_lbl" xml:lang="en-US"> Federal funds purchased and securities loaned or sold under agreements to repurchase, measured at fair value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepourchaseFairValueDisclosure_lbl" xml:lang="en-US"> This element represents the fair value of federal funds purchased and securities loaned or sold under agreements to repurchase as presented on the statement of financial position. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ShortTermDebtAtFairValue" xlink:label="bac_ShortTermDebtAtFairValue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ShortTermDebtAtFairValue" xlink:to="bac_ShortTermDebtAtFairValue_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ShortTermDebtAtFairValue_lbl" xml:lang="en-US"> Short Term Debt At Fair Value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bac_ShortTermDebtAtFairValue_lbl" xml:lang="en-US"> Aggregate fair value of commercial paper and other short-term borrowings </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ShortTermDebtAtFairValue_lbl" xml:lang="en-US"> Commercial paper and other short-term borrowings, measured at fair value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ShortTermDebtAtFairValue_lbl" xml:lang="en-US"> This represents the aggregate fair value of certain commercial paper and other short-term borrowings, for which the fair value option was elected. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_OtherLiabilitiesFairValueDisclosure" xlink:label="bac_OtherLiabilitiesFairValueDisclosure"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_OtherLiabilitiesFairValueDisclosure" xlink:to="bac_OtherLiabilitiesFairValueDisclosure_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_OtherLiabilitiesFairValueDisclosure_lbl" xml:lang="en-US"> Other Liabilities Fair Value Disclosure </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_OtherLiabilitiesFairValueDisclosure_lbl" xml:lang="en-US"> Accrued expenses and other liabilities, measured at fair value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_OtherLiabilitiesFairValueDisclosure_lbl" xml:lang="en-US"> This element represents the fair value of liabilities categorized as accrued expenses and other liabilities which are not in and of themselves material enough to require separate disclosure. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_OtherLiabilitiesReserveForUnfundedLendingCommitments" xlink:label="bac_OtherLiabilitiesReserveForUnfundedLendingCommitments"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_OtherLiabilitiesReserveForUnfundedLendingCommitments" xlink:to="bac_OtherLiabilitiesReserveForUnfundedLendingCommitments_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_OtherLiabilitiesReserveForUnfundedLendingCommitments_lbl" xml:lang="en-US"> Other Liabilities Reserve For Unfunded Lending Commitments </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="bac_OtherLiabilitiesReserveForUnfundedLendingCommitments_lbl" xml:lang="en-US"> Reserve for unfunded lending commitments, December 31 </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="bac_OtherLiabilitiesReserveForUnfundedLendingCommitments_lbl" xml:lang="en-US"> Reserve for unfunded lending commitments, January 1 </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_OtherLiabilitiesReserveForUnfundedLendingCommitments_lbl" xml:lang="en-US"> Accrued expenses and other liabilities, reserve for unfunded lending commitments </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_OtherLiabilitiesReserveForUnfundedLendingCommitments_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_StatementOfFinancialPositionAbstract" xlink:label="us-gaap_StatementOfFinancialPositionAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementOfFinancialPositionAbstract" xlink:to="lab_StatementOfFinancialPositionAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_StatementOfFinancialPositionAbstract" xml:lang="en-US"> Consolidated Balance Sheet [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_StatementOfFinancialPositionAbstract" xml:lang="en-US"> Condensed Balance Sheet </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="us-gaap_AssetsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AssetsAbstract" xlink:to="lab_AssetsAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_AssetsAbstract" xml:lang="en-US"> Assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_AssetsAbstract" xml:lang="en-US"> Assets [Abstract] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:to="lab_CashAndCashEquivalentsAtCarryingValue"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CashAndCashEquivalentsAtCarryingValue" xml:lang="en-US"> Cash and Cash Equivalents, at Carrying Value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="lab_CashAndCashEquivalentsAtCarryingValue" xml:lang="en-US"> Cash and cash equivalents at December 31 </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="lab_CashAndCashEquivalentsAtCarryingValue" xml:lang="en-US"> Cash and cash equivalents at January 1 </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_CashAndCashEquivalentsAtCarryingValue" xml:lang="en-US"> Cash and Cash Equivalents, at Carrying Value, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_CashAndCashEquivalentsAtCarryingValue" xml:lang="en-US"> Cash and cash equivalents </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_InterestBearingDepositsInBanks" xlink:label="us-gaap_InterestBearingDepositsInBanks"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestBearingDepositsInBanks" xlink:to="lab_InterestBearingDepositsInBanks"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_InterestBearingDepositsInBanks" xml:lang="en-US"> Time deposits placed and other short-term investments </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_InterestBearingDepositsInBanks" xml:lang="en-US"> Interest-bearing Deposits in Banks and Other Financial Institutions </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DerivativeAssets_lbl" xml:lang="en-US"> Derivative assets </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtSecurities" xlink:label="us-gaap_AvailableForSaleSecuritiesDebtSecurities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AvailableForSaleSecuritiesDebtSecurities" xlink:to="lab_AvailableForSaleSecuritiesDebtSecurities"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_AvailableForSaleSecuritiesDebtSecurities" xml:lang="en-US"> Available-for-sale Securities, Debt Securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_AvailableForSaleSecuritiesDebtSecurities" xml:lang="en-US"> Fair value of available-for-sale debt securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_AvailableForSaleSecuritiesDebtSecurities" xml:lang="en-US"> Available-for-sale debt securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_AvailableForSaleSecuritiesDebtSecurities" xml:lang="en-US"> Available-for-sale (includes $99,925 and $122,708 pledged as collateral) </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_HeldToMaturitySecurities" xlink:label="us-gaap_HeldToMaturitySecurities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_HeldToMaturitySecurities" xlink:to="lab_HeldToMaturitySecurities"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_HeldToMaturitySecurities" xml:lang="en-US"> Held-to-maturity, at cost (fair value $427 and $9,684) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_HeldToMaturitySecurities" xml:lang="en-US"> Held-to-maturity Securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_HeldToMaturitySecurities" xml:lang="en-US"> Held-to-maturity debt securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_HeldToMaturitySecurities" xml:lang="en-US"> Held-to-maturity debt securities </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_LoansAndLeasesReceivableNetOfDeferredIncome" xlink:label="us-gaap_LoansAndLeasesReceivableNetOfDeferredIncome"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LoansAndLeasesReceivableNetOfDeferredIncome" xlink:to="lab_LoansAndLeasesReceivableNetOfDeferredIncome"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_LoansAndLeasesReceivableNetOfDeferredIncome" xml:lang="en-US"> Loans and Leases Receivable Net Of Deferred Income </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_LoansAndLeasesReceivableNetOfDeferredIncome" xml:lang="en-US"> Loans and leases </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_LoansAndLeasesReceivableNetOfDeferredIncome" xml:lang="en-US"> Total loans and leases </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_LoansAndLeasesReceivableNetOfDeferredIncome" xml:lang="en-US"> Loans and leases (includes $3,321 and $4,936 measured at fair value and $91,730 and $118,113 pledged as collateral) </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_LoansAndLeasesReceivableAllowance" xlink:label="us-gaap_LoansAndLeasesReceivableAllowance"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LoansAndLeasesReceivableAllowance" xlink:to="lab_LoansAndLeasesReceivableAllowance"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_LoansAndLeasesReceivableAllowance" xml:lang="en-US"> Loans and Leases Receivable, Allowance </label>
<label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="lab_LoansAndLeasesReceivableAllowance" xml:lang="en-US"> Allowance for loan and lease losses </label>
<label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negatedPeriodEnd" xlink:label="lab_LoansAndLeasesReceivableAllowance" xml:lang="en-US"> Allowance for loan and lease losses, September 30 </label>
<label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negatedPeriodStart" xlink:label="lab_LoansAndLeasesReceivableAllowance" xml:lang="en-US"> Allowance for loan and lease losses, beginning of period </label>
<label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negatedTotal" xlink:label="lab_LoansAndLeasesReceivableAllowance" xml:lang="en-US"> Allowance for loan and lease losses </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="lab_LoansAndLeasesReceivableAllowance" xml:lang="en-US"> Allowance for loan and lease losses, December 31 </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="lab_LoansAndLeasesReceivableAllowance" xml:lang="en-US"> Allowance for loan and lease losses, January 1 </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_LoansAndLeasesReceivableAllowance" xml:lang="en-US"> Allowance for loan and lease losses </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_LoansAndLeasesReceivableAllowance" xml:lang="en-US"> Allowance for loans and leases losses </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_LoansAndLeasesReceivableAllowance" xml:lang="en-US"> Countrywide allowance for loan losses </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_LoansAndLeasesReceivableNetReportedAmount" xlink:label="us-gaap_LoansAndLeasesReceivableNetReportedAmount"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LoansAndLeasesReceivableNetReportedAmount" xlink:to="lab_LoansAndLeasesReceivableNetReportedAmount"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_LoansAndLeasesReceivableNetReportedAmount" xml:lang="en-US"> Loans and Leases Receivable, Net Reported Amount </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_LoansAndLeasesReceivableNetReportedAmount" xml:lang="en-US"> Carrying value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_LoansAndLeasesReceivableNetReportedAmount" xml:lang="en-US"> Loans and leases, net of allowance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_LoansAndLeasesReceivableNetReportedAmount" xml:lang="en-US"> Loans and leases, net of allowance </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNet" xlink:label="us-gaap_PropertyPlantAndEquipmentNet"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentNet" xlink:to="lab_PropertyPlantAndEquipmentNet"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_PropertyPlantAndEquipmentNet" xml:lang="en-US"> Premises and equipment, net </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_PropertyPlantAndEquipmentNet" xml:lang="en-US"> Property, Plant and Equipment, Net, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="lab_PropertyPlantAndEquipmentNet" xml:lang="en-US"> Property, Plant and Equipment, Net, Beginning Balance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="lab_PropertyPlantAndEquipmentNet" xml:lang="en-US"> Property, Plant and Equipment, Net, Ending Balance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_PropertyPlantAndEquipmentNet" xml:lang="en-US"> Property, Plant and Equipment, Net </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_Goodwill" xlink:label="us-gaap_Goodwill"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Goodwill" xlink:to="lab_Goodwill"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_Goodwill" xml:lang="en-US"> Goodwill </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="lab_Goodwill" xml:lang="en-US"> Goodwill, Ending Balance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="lab_Goodwill" xml:lang="en-US"> Goodwill, Beginning Balance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_Goodwill" xml:lang="en-US"> Total Goodwill </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_Goodwill" xml:lang="en-US"> Goodwill </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_IntangibleAssetsNetExcludingGoodwill" xlink:label="us-gaap_IntangibleAssetsNetExcludingGoodwill"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IntangibleAssetsNetExcludingGoodwill" xlink:to="lab_IntangibleAssetsNetExcludingGoodwill"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_IntangibleAssetsNetExcludingGoodwill" xml:lang="en-US"> Intangible assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_IntangibleAssetsNetExcludingGoodwill" xml:lang="en-US"> Intangible Assets, Net (Excluding Goodwill), Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_IntangibleAssetsNetExcludingGoodwill" xml:lang="en-US"> Intangible Assets, Net (Excluding Goodwill) </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_OtherReceivables" xlink:label="us-gaap_OtherReceivables"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherReceivables" xlink:to="lab_OtherReceivables"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_OtherReceivables" xml:lang="en-US"> Customer and other receivables </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_OtherReceivables" xml:lang="en-US"> Other Receivables </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_OtherAssets" xlink:label="us-gaap_OtherAssets"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherAssets" xlink:to="lab_OtherAssets"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_OtherAssets" xml:lang="en-US"> Other Assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_OtherAssets" xml:lang="en-US"> Other assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_OtherAssets" xml:lang="en-US"> Other assets (includes $70,531 and $55,909 measured at fair value) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_OtherAssets" xml:lang="en-US"> Other assets (includes $72,635 and $55,909 measured at fair value) </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_Assets" xlink:label="us-gaap_Assets"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Assets" xlink:to="lab_Assets"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_Assets" xml:lang="en-US"> Total assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_Assets" xml:lang="en-US"> Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_Assets" xml:lang="en-US"> Total assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_Assets" xml:lang="en-US"> Total assets </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="us-gaap_LiabilitiesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilitiesAbstract" xlink:to="lab_LiabilitiesAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_LiabilitiesAbstract" xml:lang="en-US"> Liabilities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_LiabilitiesAbstract" xml:lang="en-US"> Liabilities [Abstract] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DepositsDomesticAbstract" xlink:label="us-gaap_DepositsDomesticAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DepositsDomesticAbstract" xlink:to="lab_DepositsDomesticAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DepositsDomesticAbstract" xml:lang="en-US"> Deposits, Domestic [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DepositsDomesticAbstract" xml:lang="en-US"> Deposits in U.S. offices: </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_NoninterestBearingDepositLiabilitiesForeign" xlink:label="us-gaap_NoninterestBearingDepositLiabilitiesForeign"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NoninterestBearingDepositLiabilitiesForeign" xlink:to="lab_NoninterestBearingDepositLiabilitiesForeign"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_NoninterestBearingDepositLiabilitiesForeign" xml:lang="en-US"> Noninterest-bearing </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_NoninterestBearingDepositLiabilitiesForeign" xml:lang="en-US"> Noninterest-bearing Deposit Liabilities, Foreign, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_NoninterestBearingDepositLiabilitiesForeign" xml:lang="en-US"> Noninterest-bearing Deposit Liabilities, Foreign </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_InterestBearingDepositLiabilitiesDomestic" xlink:label="us-gaap_InterestBearingDepositLiabilitiesDomestic"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestBearingDepositLiabilitiesDomestic" xlink:to="lab_InterestBearingDepositLiabilitiesDomestic"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_InterestBearingDepositLiabilitiesDomestic" xml:lang="en-US"> Interest-bearing Deposit Liabilities, Domestic </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_InterestBearingDepositLiabilitiesDomestic" xml:lang="en-US"> Interest-bearing Deposit Liabilities, Domestic, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_InterestBearingDepositLiabilitiesDomestic" xml:lang="en-US"> Interest-bearing (includes $2,732 and $1,663 measured at fair value) </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DepositsForeignAbstract" xlink:label="us-gaap_DepositsForeignAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DepositsForeignAbstract" xlink:to="lab_DepositsForeignAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DepositsForeignAbstract" xml:lang="en-US"> Deposits, Foreign [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DepositsForeignAbstract" xml:lang="en-US"> Deposits in non-U.S. offices: </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_InterestBearingDepositLiabilitiesForeign" xlink:label="us-gaap_InterestBearingDepositLiabilitiesForeign"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestBearingDepositLiabilitiesForeign" xlink:to="lab_InterestBearingDepositLiabilitiesForeign"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_InterestBearingDepositLiabilitiesForeign" xml:lang="en-US"> Interest-bearing Deposit Liabilities, Foreign </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_InterestBearingDepositLiabilitiesForeign" xml:lang="en-US"> Interest-bearing </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_InterestBearingDepositLiabilitiesForeign" xml:lang="en-US"> Interest-bearing </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_Deposits" xlink:label="us-gaap_Deposits"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Deposits" xlink:to="lab_Deposits"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_Deposits" xml:lang="en-US"> Deposits </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_Deposits" xml:lang="en-US"> Total deposits </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_Deposits" xml:lang="en-US"> Deposits </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_TradingLiabilities" xlink:label="us-gaap_TradingLiabilities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TradingLiabilities" xlink:to="lab_TradingLiabilities"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_TradingLiabilities" xml:lang="en-US"> Government-sponsored enterprise (GSE) obligations, Trading Securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_TradingLiabilities" xml:lang="en-US"> Trading Liabilities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_TradingLiabilities" xml:lang="en-US"> Trading Liabilities, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_TradingLiabilities" xml:lang="en-US"> Trading account liabilities </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ShortTermBorrowings" xlink:label="us-gaap_ShortTermBorrowings"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShortTermBorrowings" xlink:to="lab_ShortTermBorrowings"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ShortTermBorrowings" xml:lang="en-US"> Short-term Borrowings </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="lab_ShortTermBorrowings" xml:lang="en-US"> At December 31 </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ShortTermBorrowings" xml:lang="en-US"> Commercial paper and other short-term borrowings (includes $7,178 and $1,520 measured at fair value) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_ShortTermBorrowings" xml:lang="en-US"> Commercial paper and other short-term borrowings </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ShortTermBorrowings" xml:lang="en-US"> Commercial paper and other short-term borrowings </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_OtherLiabilities" xlink:label="us-gaap_OtherLiabilities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherLiabilities" xlink:to="lab_OtherLiabilities"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_OtherLiabilities" xml:lang="en-US"> Other liabilities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_OtherLiabilities" xml:lang="en-US"> All other liabilities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_OtherLiabilities" xml:lang="en-US"> Other Liabilities, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_OtherLiabilities" xml:lang="en-US"> Accrued expenses and other liabilities (includes $xx,xxx and $19,015 measured at fair value and $x,xxx and $1,487 of reserve for unfunded lending commitments) </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_LongTermDebt" xlink:label="us-gaap_LongTermDebt"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermDebt" xlink:to="lab_LongTermDebt"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_LongTermDebt" xml:lang="en-US"> Long-term Debt </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_LongTermDebt" xml:lang="en-US"> Total long-term debt </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_LongTermDebt" xml:lang="en-US"> Long-term debt (includes $50,984 and $45,451 measured at fair value) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_LongTermDebt" xml:lang="en-US"> Long-term debt </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_Liabilities" xlink:label="us-gaap_Liabilities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Liabilities" xlink:to="lab_Liabilities"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_Liabilities" xml:lang="en-US"> Liabilities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_Liabilities" xml:lang="en-US"> Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_Liabilities" xml:lang="en-US"> Total liabilities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_Liabilities" xml:lang="en-US"> Total liabilities </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CommitmentsAndContingencies2009" xlink:label="us-gaap_CommitmentsAndContingencies2009"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommitmentsAndContingencies2009" xlink:to="lab_CommitmentsAndContingencies2009"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_CommitmentsAndContingencies2009" 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) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CommitmentsAndContingencies2009" xml:lang="en-US"> Commitments and Contingencies </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_PreferredStockIncludingAdditionalPaidInCapitalNetOfDiscount" xlink:label="us-gaap_PreferredStockIncludingAdditionalPaidInCapitalNetOfDiscount"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PreferredStockIncludingAdditionalPaidInCapitalNetOfDiscount" xlink:to="lab_PreferredStockIncludingAdditionalPaidInCapitalNetOfDiscount"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_PreferredStockIncludingAdditionalPaidInCapitalNetOfDiscount" xml:lang="en-US"> Preferred stock, $0.01 par value; authorized - 100,000,000 shares; issued and outstanding 3,943,660 and 5,246,660 shares </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_PreferredStockIncludingAdditionalPaidInCapitalNetOfDiscount" xml:lang="en-US"> Preferred Stock, Including Additional Paid in Capital, Net of Discount </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_PreferredStockIncludingAdditionalPaidInCapitalNetOfDiscount" xml:lang="en-US"> Preferred Stock, Including Additional Paid in Capital, Net of Discount, Total </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CommonStockIncludingAdditionalPaidInCapitalNetOfDiscount" xlink:label="us-gaap_CommonStockIncludingAdditionalPaidInCapitalNetOfDiscount"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockIncludingAdditionalPaidInCapitalNetOfDiscount" xlink:to="lab_CommonStockIncludingAdditionalPaidInCapitalNetOfDiscount"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_CommonStockIncludingAdditionalPaidInCapitalNetOfDiscount" xml:lang="en-US"> Common stock and additional paid-in capital, $0.01 par value; authorized 12,800,000,000 and 10,000,000,000 shares; issued and outstanding 10,085,154,806 and 8,650,243,926 shares </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CommonStockIncludingAdditionalPaidInCapitalNetOfDiscount" xml:lang="en-US"> Common Stock, Including Additional Paid in Capital, Net of Discount </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_CommonStockIncludingAdditionalPaidInCapitalNetOfDiscount" xml:lang="en-US"> Common Stock, Including Additional Paid in Capital, Net of Discount, Total </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_RetainedEarningsAccumulatedDeficit" xlink:label="us-gaap_RetainedEarningsAccumulatedDeficit"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RetainedEarningsAccumulatedDeficit" xlink:to="lab_RetainedEarningsAccumulatedDeficit"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_RetainedEarningsAccumulatedDeficit" xml:lang="en-US"> Retained earnings </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_RetainedEarningsAccumulatedDeficit" xml:lang="en-US"> Retained Earnings (Accumulated Deficit), Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="lab_RetainedEarningsAccumulatedDeficit" xml:lang="en-US"> Retained Earnings (Accumulated Deficit), Beginning Balance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="lab_RetainedEarningsAccumulatedDeficit" xml:lang="en-US"> Retained Earnings (Accumulated Deficit), Ending Balance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_RetainedEarningsAccumulatedDeficit" xml:lang="en-US"> Retained Earnings (Accumulated Deficit) </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:to="lab_AccumulatedOtherComprehensiveIncomeLossNetOfTax"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xml:lang="en-US"> Accumulated Other Comprehensive Income (Loss), Net of Tax </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="lab_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xml:lang="en-US"> Ending balance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="lab_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xml:lang="en-US"> Beginning balance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xml:lang="en-US"> Accumulated Other Comprehensive Income (Loss), Net of Tax, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xml:lang="en-US"> Accumulated other comprehensive income (loss) </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="us-gaap_StockholdersEquity"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquity" xlink:to="lab_StockholdersEquity"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_StockholdersEquity" xml:lang="en-US"> Stockholders' Equity Attributable to Parent </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="lab_StockholdersEquity" xml:lang="en-US"> Ending Balance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="lab_StockholdersEquity" xml:lang="en-US"> Beginning Balance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_StockholdersEquity" xml:lang="en-US"> Stockholders' equity </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_StockholdersEquity" xml:lang="en-US"> Total shareholders' equity </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_StockholdersEquity" xml:lang="en-US"> Shareholders' equity </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="us-gaap_LiabilitiesAndStockholdersEquity"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilitiesAndStockholdersEquity" xlink:to="lab_LiabilitiesAndStockholdersEquity"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_LiabilitiesAndStockholdersEquity" xml:lang="en-US"> Total liabilities and shareholders' equity </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_LiabilitiesAndStockholdersEquity" xml:lang="en-US"> Liabilities and Stockholders' Equity </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_NoninterestBearingDepositLiabilitiesDomestic" xlink:label="us-gaap_NoninterestBearingDepositLiabilitiesDomestic"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NoninterestBearingDepositLiabilitiesDomestic" xlink:to="lab_NoninterestBearingDepositLiabilitiesDomestic"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_NoninterestBearingDepositLiabilitiesDomestic" xml:lang="en-US"> Noninterest-bearing Deposit Liabilities, Domestic </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_NoninterestBearingDepositLiabilitiesDomestic" xml:lang="en-US"> Noninterest-bearing Deposit Liabilities, Domestic, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_NoninterestBearingDepositLiabilitiesDomestic" xml:lang="en-US"> Noninterest-bearing </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellFairValueDisclosure" xlink:label="us-gaap_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellFairValueDisclosure"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellFairValueDisclosure" xlink:to="lab_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellFairValueDisclosure"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellFairValueDisclosure" xml:lang="en-US"> Federal funds sold and securities borrowed or purchased under agreements to resell, measured at fair value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellFairValueDisclosure" xml:lang="en-US"> Federal Funds Sold and Securities Borrowed or Purchased under Agreements to Resell, Fair Value Disclosure </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_TradingSecuritiesPledgedAsCollateral" xlink:label="us-gaap_TradingSecuritiesPledgedAsCollateral"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TradingSecuritiesPledgedAsCollateral" xlink:to="lab_TradingSecuritiesPledgedAsCollateral"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_TradingSecuritiesPledgedAsCollateral" xml:lang="en-US"> Trading account assets, pledged as collateral </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_TradingSecuritiesPledgedAsCollateral" xml:lang="en-US"> Trading Securities Pledged as Collateral </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_HeldToMaturitySecuritiesFairValue" xlink:label="us-gaap_HeldToMaturitySecuritiesFairValue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_HeldToMaturitySecuritiesFairValue" xlink:to="lab_HeldToMaturitySecuritiesFairValue"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_HeldToMaturitySecuritiesFairValue" xml:lang="en-US"> Held-to-maturity, at cost, fair value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_HeldToMaturitySecuritiesFairValue" xml:lang="en-US"> Held-to-maturity Securities, Fair Value </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_LoansReceivableFairValueDisclosure" xlink:label="us-gaap_LoansReceivableFairValueDisclosure"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LoansReceivableFairValueDisclosure" xlink:to="lab_LoansReceivableFairValueDisclosure"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_LoansReceivableFairValueDisclosure" xml:lang="en-US"> Loans Receivable, Fair Value Disclosure </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_LoansReceivableFairValueDisclosure" xml:lang="en-US"> Aggregate fair value of loans and leases </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_LoansReceivableFairValueDisclosure" xml:lang="en-US"> Commercial loans measured at fair value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_LoansReceivableFairValueDisclosure" xml:lang="en-US"> Loans and leases, measured at fair value </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_LoansPledgedAsCollateral" xlink:label="us-gaap_LoansPledgedAsCollateral"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LoansPledgedAsCollateral" xlink:to="lab_LoansPledgedAsCollateral"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_LoansPledgedAsCollateral" xml:lang="en-US"> Loans and leases, pledged as collateral </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_LoansPledgedAsCollateral" xml:lang="en-US"> Loans Pledged as Collateral </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ServicingAssetAtFairValueAmount" xlink:label="us-gaap_ServicingAssetAtFairValueAmount"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ServicingAssetAtFairValueAmount" xlink:to="lab_ServicingAssetAtFairValueAmount"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ServicingAssetAtFairValueAmount" xml:lang="en-US"> Servicing Asset at Fair Value, Amount </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="lab_ServicingAssetAtFairValueAmount" xml:lang="en-US"> Balance, December 31 </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="lab_ServicingAssetAtFairValueAmount" xml:lang="en-US"> Balance, January 1 </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ServicingAssetAtFairValueAmount" xml:lang="en-US"> Fair Value of consumer MSRs, balance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ServicingAssetAtFairValueAmount" xml:lang="en-US"> Mortgage servicing rights, measured at fair value </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_LoansHeldForSaleFairValueDisclosure" xlink:label="us-gaap_LoansHeldForSaleFairValueDisclosure"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LoansHeldForSaleFairValueDisclosure" xlink:to="lab_LoansHeldForSaleFairValueDisclosure"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_LoansHeldForSaleFairValueDisclosure" xml:lang="en-US"> Loans Held-for-sale, Fair Value Disclosure </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_LoansHeldForSaleFairValueDisclosure" xml:lang="en-US"> Aggregate fair value of residential mortgage LHFS, commercial mortgage LHFS, and other LHFS </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_LoansHeldForSaleFairValueDisclosure" xml:lang="en-US"> Loans held-for-sale, measured at fair value </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_OtherAssetsFairValueDisclosure" xlink:label="us-gaap_OtherAssetsFairValueDisclosure"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherAssetsFairValueDisclosure" xlink:to="lab_OtherAssetsFairValueDisclosure"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_OtherAssetsFairValueDisclosure" xml:lang="en-US"> Other assets, measured at fair value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_OtherAssetsFairValueDisclosure" xml:lang="en-US"> Other Assets, Fair Value Disclosure </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_PreferredStockParOrStatedValuePerShare" xlink:label="us-gaap_PreferredStockParOrStatedValuePerShare"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PreferredStockParOrStatedValuePerShare" xlink:to="lab_PreferredStockParOrStatedValuePerShare"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_PreferredStockParOrStatedValuePerShare" xml:lang="en-US"> Preferred Stock, Par or Stated Value Per Share </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_PreferredStockParOrStatedValuePerShare" xml:lang="en-US"> Preferred stock, par value </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_PreferredStockSharesAuthorized" xlink:label="us-gaap_PreferredStockSharesAuthorized"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PreferredStockSharesAuthorized" xlink:to="lab_PreferredStockSharesAuthorized"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_PreferredStockSharesAuthorized" xml:lang="en-US"> Preferred stock, authorized shares </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_PreferredStockSharesAuthorized" xml:lang="en-US"> Preferred Stock, Shares Authorized </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_PreferredStockSharesIssued" xlink:label="us-gaap_PreferredStockSharesIssued"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PreferredStockSharesIssued" xlink:to="lab_PreferredStockSharesIssued"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_PreferredStockSharesIssued" xml:lang="en-US"> Preferred stock, issued shares </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_PreferredStockSharesIssued" xml:lang="en-US"> Preferred Stock, Shares Issued, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_PreferredStockSharesIssued" xml:lang="en-US"> Preferred Stock, Shares Issued </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_PreferredStockSharesOutstanding" xlink:label="us-gaap_PreferredStockSharesOutstanding"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PreferredStockSharesOutstanding" xlink:to="lab_PreferredStockSharesOutstanding"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_PreferredStockSharesOutstanding" xml:lang="en-US"> Preferred Stock, Shares Outstanding </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="lab_PreferredStockSharesOutstanding" xml:lang="en-US"> Preferred Stock, Shares Outstanding, Ending Balance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="lab_PreferredStockSharesOutstanding" xml:lang="en-US"> Preferred Stock, Shares Outstanding, Beginning Balance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_PreferredStockSharesOutstanding" xml:lang="en-US"> Total Shares Outstanding </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_PreferredStockSharesOutstanding" xml:lang="en-US"> Preferred stock, outstanding shares </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CommonStockParOrStatedValuePerShare" xlink:label="us-gaap_CommonStockParOrStatedValuePerShare"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockParOrStatedValuePerShare" xlink:to="lab_CommonStockParOrStatedValuePerShare"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_CommonStockParOrStatedValuePerShare" xml:lang="en-US"> Common stock, par value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CommonStockParOrStatedValuePerShare" xml:lang="en-US"> Common Stock, Par or Stated Value Per Share </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CommonStockSharesAuthorized" xlink:label="us-gaap_CommonStockSharesAuthorized"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockSharesAuthorized" xlink:to="lab_CommonStockSharesAuthorized"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CommonStockSharesAuthorized" xml:lang="en-US"> Common Stock, Shares Authorized </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_CommonStockSharesAuthorized" xml:lang="en-US"> Number of authorized shares of common stock </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_CommonStockSharesAuthorized" xml:lang="en-US"> Common stock, authorized shares </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CommonStockSharesIssued" xlink:label="us-gaap_CommonStockSharesIssued"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockSharesIssued" xlink:to="lab_CommonStockSharesIssued"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_CommonStockSharesIssued" xml:lang="en-US"> Common stock, issued shares </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_CommonStockSharesIssued" xml:lang="en-US"> Common Stock, Shares, Issued, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CommonStockSharesIssued" xml:lang="en-US"> Common Stock, Shares, Issued </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CommonStockSharesOutstanding" xlink:label="us-gaap_CommonStockSharesOutstanding"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockSharesOutstanding" xlink:to="lab_CommonStockSharesOutstanding"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_CommonStockSharesOutstanding" xml:lang="en-US"> Common stock, outstanding shares </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="lab_CommonStockSharesOutstanding" xml:lang="en-US"> Common Stock, Shares, Outstanding, Beginning Balance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="lab_CommonStockSharesOutstanding" xml:lang="en-US"> Common Stock, Shares, Outstanding, Ending Balance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CommonStockSharesOutstanding" xml:lang="en-US"> Common Stock, Shares, Outstanding </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_StockholdersEquityAbstract" xlink:label="us-gaap_StockholdersEquityAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquityAbstract" xlink:to="lab_StockholdersEquityAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_StockholdersEquityAbstract" xml:lang="en-US"> Shareholders' equity </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_StockholdersEquityAbstract" xml:lang="en-US"> Stockholders' Equity Attributable to Parent [Abstract] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_IncomeStatementAbstract" xlink:label="us-gaap_IncomeStatementAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeStatementAbstract" xlink:to="lab_IncomeStatementAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_IncomeStatementAbstract" xml:lang="en-US"> Consolidated Statement of Income [Abstract] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_InterestAndDividendIncomeOperatingAbstract" xlink:label="us-gaap_InterestAndDividendIncomeOperatingAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestAndDividendIncomeOperatingAbstract" xlink:to="lab_InterestAndDividendIncomeOperatingAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_InterestAndDividendIncomeOperatingAbstract" xml:lang="en-US"> Interest and Dividend Income, Operating [Abstract] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio" xlink:label="us-gaap_InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio" xlink:to="lab_InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio" xml:lang="en-US"> Interest and Fee Income, Loans and Leases Held-in-portfolio </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio" xml:lang="en-US"> Loans and leases </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_InterestIncomeFederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResell" xlink:label="us-gaap_InterestIncomeFederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResell"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestIncomeFederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResell" xlink:to="lab_InterestIncomeFederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResell"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_InterestIncomeFederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResell" xml:lang="en-US"> Federal funds sold and securities borrowed or purchased under agreements to resell </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_InterestIncomeFederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResell" xml:lang="en-US"> Interest Income, Federal Funds Sold and Securities Purchased under Agreements to Resell </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue" xlink:label="us-gaap_InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue" xlink:to="lab_InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue" xml:lang="en-US"> Interest and Dividend Income, Securities, Trading or Measured at Fair Value </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_OtherInterestAndDividendIncome" xlink:label="us-gaap_OtherInterestAndDividendIncome"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherInterestAndDividendIncome" xlink:to="lab_OtherInterestAndDividendIncome"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_OtherInterestAndDividendIncome" xml:lang="en-US"> Other Interest and Dividend Income </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_OtherInterestAndDividendIncome" xml:lang="en-US"> Other interest income </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_OtherInterestAndDividendIncome" xml:lang="en-US"> Other interest income </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_InterestAndDividendIncomeOperating" xlink:label="us-gaap_InterestAndDividendIncomeOperating"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestAndDividendIncomeOperating" xlink:to="lab_InterestAndDividendIncomeOperating"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_InterestAndDividendIncomeOperating" xml:lang="en-US"> Interest and Dividend Income, Operating </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_InterestExpenseAbstract" xlink:label="us-gaap_InterestExpenseAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestExpenseAbstract" xlink:to="lab_InterestExpenseAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_InterestExpenseAbstract" xml:lang="en-US"> Interest Expense [Abstract] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_InterestExpenseDeposits" xlink:label="us-gaap_InterestExpenseDeposits"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestExpenseDeposits" xlink:to="lab_InterestExpenseDeposits"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_InterestExpenseDeposits" xml:lang="en-US"> Interest Expense, Deposits </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_InterestExpenseShortTermBorrowings" xlink:label="us-gaap_InterestExpenseShortTermBorrowings"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestExpenseShortTermBorrowings" xlink:to="lab_InterestExpenseShortTermBorrowings"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_InterestExpenseShortTermBorrowings" xml:lang="en-US"> Interest Expense, Short-term Borrowings </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_InterestExpenseTradingLiabilities" xlink:label="us-gaap_InterestExpenseTradingLiabilities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestExpenseTradingLiabilities" xlink:to="lab_InterestExpenseTradingLiabilities"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_InterestExpenseTradingLiabilities" xml:lang="en-US"> Interest Expense, Trading Liabilities </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_InterestExpenseLongTermDebt" xlink:label="us-gaap_InterestExpenseLongTermDebt"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestExpenseLongTermDebt" xlink:to="lab_InterestExpenseLongTermDebt"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_InterestExpenseLongTermDebt" xml:lang="en-US"> Interest Expense, Long-term Debt </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_InterestExpense" xlink:label="us-gaap_InterestExpense"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestExpense" xlink:to="lab_InterestExpense"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_InterestExpense" xml:lang="en-US"> Interest Expense </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_NoninterestIncomeAbstract" xlink:label="us-gaap_NoninterestIncomeAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NoninterestIncomeAbstract" xlink:to="lab_NoninterestIncomeAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_NoninterestIncomeAbstract" xml:lang="en-US"> Noninterest Income [Abstract] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FeesAndCommissionsDepositorAccounts" xlink:label="us-gaap_FeesAndCommissionsDepositorAccounts"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FeesAndCommissionsDepositorAccounts" xlink:to="lab_FeesAndCommissionsDepositorAccounts"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FeesAndCommissionsDepositorAccounts" xml:lang="en-US"> Fees and Commissions, Depositor Accounts </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_InsuranceCommissionsAndFees" xlink:label="us-gaap_InsuranceCommissionsAndFees"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InsuranceCommissionsAndFees" xlink:to="lab_InsuranceCommissionsAndFees"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_InsuranceCommissionsAndFees" xml:lang="en-US"> Insurance Commissions and Fees </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_GainLossOnSaleOfDebtInvestments" xlink:label="us-gaap_GainLossOnSaleOfDebtInvestments"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GainLossOnSaleOfDebtInvestments" xlink:to="lab_GainLossOnSaleOfDebtInvestments"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_GainLossOnSaleOfDebtInvestments" xml:lang="en-US"> Gain (Loss) on Sale of Debt Investments </label>
<label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="lab_GainLossOnSaleOfDebtInvestments" xml:lang="en-US"> Gains on sales of debt securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_GainLossOnSaleOfDebtInvestments" xml:lang="en-US"> Gains on sales of debt securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_GainLossOnSaleOfDebtInvestments" xml:lang="en-US"> Net gains on sales of debt securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_GainLossOnSaleOfDebtInvestments" xml:lang="en-US"> Gains on sales of debt securities </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_NoninterestIncomeOtherOperatingIncome" xlink:label="us-gaap_NoninterestIncomeOtherOperatingIncome"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NoninterestIncomeOtherOperatingIncome" xlink:to="lab_NoninterestIncomeOtherOperatingIncome"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_NoninterestIncomeOtherOperatingIncome" xml:lang="en-US"> Noninterest Income, Other Operating Income </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_NoninterestIncomeOtherOperatingIncome" xml:lang="en-US"> Other income </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_NoninterestIncomeOtherOperatingIncome" xml:lang="en-US"> Other income (loss) </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_NoninterestIncome" xlink:label="us-gaap_NoninterestIncome"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NoninterestIncome" xlink:to="lab_NoninterestIncome"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_NoninterestIncome" xml:lang="en-US"> Noninterest Income </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ProvisionForLoanLeaseAndOtherLosses" xlink:label="us-gaap_ProvisionForLoanLeaseAndOtherLosses"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProvisionForLoanLeaseAndOtherLosses" xlink:to="lab_ProvisionForLoanLeaseAndOtherLosses"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ProvisionForLoanLeaseAndOtherLosses" xml:lang="en-US"> Provision for Loan, Lease, and Other Losses </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_NoninterestExpenseAbstract" xlink:label="us-gaap_NoninterestExpenseAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NoninterestExpenseAbstract" xlink:to="lab_NoninterestExpenseAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_NoninterestExpenseAbstract" xml:lang="en-US"> Noninterest Expense [Abstract] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_LaborAndRelatedExpense" xlink:label="us-gaap_LaborAndRelatedExpense"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LaborAndRelatedExpense" xlink:to="lab_LaborAndRelatedExpense"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_LaborAndRelatedExpense" xml:lang="en-US"> Labor and Related Expense </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_OccupancyNet" xlink:label="us-gaap_OccupancyNet"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OccupancyNet" xlink:to="lab_OccupancyNet"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_OccupancyNet" xml:lang="en-US"> Occupancy, Net </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_EquipmentExpense" xlink:label="us-gaap_EquipmentExpense"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EquipmentExpense" xlink:to="lab_EquipmentExpense"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_EquipmentExpense" xml:lang="en-US"> Equipment Expense </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_MarketingAndAdvertisingExpense" xlink:label="us-gaap_MarketingAndAdvertisingExpense"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_MarketingAndAdvertisingExpense" xlink:to="lab_MarketingAndAdvertisingExpense"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_MarketingAndAdvertisingExpense" xml:lang="en-US"> Marketing and Advertising Expense </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ProfessionalFees" xlink:label="us-gaap_ProfessionalFees"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProfessionalFees" xlink:to="lab_ProfessionalFees"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ProfessionalFees" xml:lang="en-US"> Professional Fees </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_AmortizationOfIntangibleAssets" xlink:label="us-gaap_AmortizationOfIntangibleAssets"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AmortizationOfIntangibleAssets" xlink:to="lab_AmortizationOfIntangibleAssets"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_AmortizationOfIntangibleAssets" xml:lang="en-US"> Amortization of Intangible Assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_AmortizationOfIntangibleAssets" xml:lang="en-US"> Amortization of intangibles </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_InformationTechnologyAndDataProcessing" xlink:label="us-gaap_InformationTechnologyAndDataProcessing"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InformationTechnologyAndDataProcessing" xlink:to="lab_InformationTechnologyAndDataProcessing"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_InformationTechnologyAndDataProcessing" xml:lang="en-US"> Information Technology and Data Processing </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_Communication" xlink:label="us-gaap_Communication"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Communication" xlink:to="lab_Communication"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_Communication" xml:lang="en-US"> Communication </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_OtherNoninterestExpense" xlink:label="us-gaap_OtherNoninterestExpense"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherNoninterestExpense" xlink:to="lab_OtherNoninterestExpense"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_OtherNoninterestExpense" xml:lang="en-US"> Other Noninterest Expense </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_NoninterestExpense" xlink:label="us-gaap_NoninterestExpense"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NoninterestExpense" xlink:to="lab_NoninterestExpense"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_NoninterestExpense" xml:lang="en-US"> Noninterest Expense </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_NoninterestExpense" xml:lang="en-US"> Total noninterest expense </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_NoninterestExpense" xml:lang="en-US"> Noninterest expense </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments" xlink:label="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments"/>
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<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments" xml:lang="en-US"> Income (loss) before income taxes and equity in undistributed earnings of subsidiaries </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments" xml:lang="en-US"> Income (loss) before income taxes </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments" xml:lang="en-US"> Income (loss) before income taxes </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="us-gaap_IncomeTaxExpenseBenefit"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxExpenseBenefit" xlink:to="lab_IncomeTaxExpenseBenefit"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_IncomeTaxExpenseBenefit" xml:lang="en-US"> Income Tax Expense (Benefit) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_IncomeTaxExpenseBenefit" xml:lang="en-US"> Total income tax expense (benefit) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_IncomeTaxExpenseBenefit" xml:lang="en-US"> Income tax expense (benefit) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_IncomeTaxExpenseBenefit" xml:lang="en-US"> Income tax benefit </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="us-gaap_NetIncomeLoss"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetIncomeLoss" xlink:to="lab_NetIncomeLoss"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_NetIncomeLoss" xml:lang="en-US"> Net Income (Loss) Attributable to Parent </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_NetIncomeLoss" xml:lang="en-US"> Net income (loss) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_NetIncomeLoss" xml:lang="en-US"> Net income (loss) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_NetIncomeLoss" xml:lang="en-US"> Net income (loss) </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic" xlink:label="us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic" xlink:to="lab_NetIncomeLossAvailableToCommonStockholdersBasic"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_NetIncomeLossAvailableToCommonStockholdersBasic" xml:lang="en-US"> Net income (loss) applicable to common shareholders </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_NetIncomeLossAvailableToCommonStockholdersBasic" xml:lang="en-US"> Net Income (Loss) Available to Common Stockholders, Basic </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_NetIncomeLossAvailableToCommonStockholdersBasic" xml:lang="en-US"> Net income (loss) applicable to common shareholders </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_EarningsPerShareAbstract" xlink:label="us-gaap_EarningsPerShareAbstract"/>
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<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_EarningsPerShareAbstract" xml:lang="en-US"> Earnings Per Common Share [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_EarningsPerShareAbstract" xml:lang="en-US"> Per common share information </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_EarningsPerShareBasic" xlink:label="us-gaap_EarningsPerShareBasic"/>
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<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_EarningsPerShareBasic" xml:lang="en-US"> Earnings (loss) per common share </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_EarningsPerShareBasic" xml:lang="en-US"> Earnings Per Share, Basic </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_EarningsPerShareBasic" xml:lang="en-US"> Earnings (loss) </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_EarningsPerShareDiluted" xlink:label="us-gaap_EarningsPerShareDiluted"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EarningsPerShareDiluted" xlink:to="lab_EarningsPerShareDiluted"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_EarningsPerShareDiluted" xml:lang="en-US"> Diluted earnings (loss) per common share </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_EarningsPerShareDiluted" xml:lang="en-US"> Earnings Per Share, Diluted </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_EarningsPerShareDiluted" xml:lang="en-US"> Diluted earnings (loss) </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CommonStockDividendsPerShareCashPaid" xlink:label="us-gaap_CommonStockDividendsPerShareCashPaid"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockDividendsPerShareCashPaid" xlink:to="lab_CommonStockDividendsPerShareCashPaid"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CommonStockDividendsPerShareCashPaid" xml:lang="en-US"> Common Stock, Dividends, Per Share, Cash Paid </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_CommonStockDividendsPerShareCashPaid" xml:lang="en-US"> Dividends paid </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_CommonStockDividendsPerShareCashPaid" xml:lang="en-US"> Dividends paid </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:to="lab_WeightedAverageNumberOfSharesOutstandingBasic"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_WeightedAverageNumberOfSharesOutstandingBasic" xml:lang="en-US"> Weighted Average Number of Shares Outstanding, Basic </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_WeightedAverageNumberOfSharesOutstandingBasic" xml:lang="en-US"> Average common shares issued and outstanding (in thousands) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_WeightedAverageNumberOfSharesOutstandingBasic" xml:lang="en-US"> Average common shares issued and outstanding </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:label="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:to="lab_WeightedAverageNumberOfDilutedSharesOutstanding"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_WeightedAverageNumberOfDilutedSharesOutstanding" xml:lang="en-US"> Weighted Average Number of Shares Outstanding, Diluted </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_WeightedAverageNumberOfDilutedSharesOutstanding" xml:lang="en-US"> Average diluted common shares issued and outstanding (in thousands) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_WeightedAverageNumberOfDilutedSharesOutstanding" xml:lang="en-US"> Average diluted common shares issued and outstanding (in thousands) </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_StatementTable" xlink:label="us-gaap_StatementTable"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementTable" xlink:to="lab_StatementTable"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_StatementTable" xml:lang="en-US"> Statement [Table] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_StatementLineItems" xlink:label="us-gaap_StatementLineItems"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementLineItems" xlink:to="lab_StatementLineItems"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_StatementLineItems" xml:lang="en-US"> Statement [Line Items] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis" xlink:label="us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis" xlink:to="lab_DerivativeInstrumentsGainLossByHedgingRelationshipAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DerivativeInstrumentsGainLossByHedgingRelationshipAxis" xml:lang="en-US"> Derivative Instruments, Gain (Loss) by Hedging Relationship [Axis] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_HedgingRelationshipDomain" xlink:label="us-gaap_HedgingRelationshipDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_HedgingRelationshipDomain" xlink:to="lab_HedgingRelationshipDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_HedgingRelationshipDomain" xml:lang="en-US"> Hedging Relationship [Domain] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ManagingRisksInherentInServicingAssetsAndServicingLiabilitiesByTypeOfRiskAxis" xlink:label="us-gaap_ManagingRisksInherentInServicingAssetsAndServicingLiabilitiesByTypeOfRiskAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ManagingRisksInherentInServicingAssetsAndServicingLiabilitiesByTypeOfRiskAxis" xlink:to="lab_ManagingRisksInherentInServicingAssetsAndServicingLiabilitiesByTypeOfRiskAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ManagingRisksInherentInServicingAssetsAndServicingLiabilitiesByTypeOfRiskAxis" xml:lang="en-US"> Risks Inherent in Servicing Assets and Servicing Liabilities by Type of Risk [Axis] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_RisksInherentInServicingAssetsAndServicingLiabilitiesTypeDomain" xlink:label="us-gaap_RisksInherentInServicingAssetsAndServicingLiabilitiesTypeDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RisksInherentInServicingAssetsAndServicingLiabilitiesTypeDomain" xlink:to="lab_RisksInherentInServicingAssetsAndServicingLiabilitiesTypeDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_RisksInherentInServicingAssetsAndServicingLiabilitiesTypeDomain" xml:lang="en-US"> Risks Inherent in Servicing Assets and Servicing Liabilities, Type [Domain] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_InterestRateRiskMember" xlink:label="us-gaap_InterestRateRiskMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestRateRiskMember" xlink:to="lab_InterestRateRiskMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_InterestRateRiskMember" xml:lang="en-US"> Interest rate risk [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CreditRiskMember" xlink:label="us-gaap_CreditRiskMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CreditRiskMember" xlink:to="lab_CreditRiskMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CreditRiskMember" xml:lang="en-US"> Credit risk [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CreditDerivativesByPaymentAndPerformanceRiskCreditRatingAxis" xlink:label="us-gaap_CreditDerivativesByPaymentAndPerformanceRiskCreditRatingAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CreditDerivativesByPaymentAndPerformanceRiskCreditRatingAxis" xlink:to="lab_CreditDerivativesByPaymentAndPerformanceRiskCreditRatingAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CreditDerivativesByPaymentAndPerformanceRiskCreditRatingAxis" xml:lang="en-US"> Credit Derivatives by Payment and Performance Risk (Credit Rating) [Axis] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CreditRatingDomain" xlink:label="us-gaap_CreditRatingDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CreditRatingDomain" xlink:to="lab_CreditRatingDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CreditRatingDomain" xml:lang="en-US"> Credit Rating [Domain] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CreditDerivativesByContractTypeAxis" xlink:label="us-gaap_CreditDerivativesByContractTypeAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CreditDerivativesByContractTypeAxis" xlink:to="lab_CreditDerivativesByContractTypeAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CreditDerivativesByContractTypeAxis" xml:lang="en-US"> Credit Derivatives by Contract Type [Axis] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CreditDerivativesContractTypeDomain" xlink:label="us-gaap_CreditDerivativesContractTypeDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CreditDerivativesContractTypeDomain" xlink:to="lab_CreditDerivativesContractTypeDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CreditDerivativesContractTypeDomain" xml:lang="en-US"> Credit Derivatives Contract Type [Domain] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DerivativesFairValueByDerivativeInstrumentRiskAxis" xlink:label="us-gaap_DerivativesFairValueByDerivativeInstrumentRiskAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativesFairValueByDerivativeInstrumentRiskAxis" xlink:to="lab_DerivativesFairValueByDerivativeInstrumentRiskAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DerivativesFairValueByDerivativeInstrumentRiskAxis" xml:lang="en-US"> Derivatives, Fair Value, by Derivative Instrument Risk [Axis] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="us-gaap_DerivativeContractTypeDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeContractTypeDomain" xlink:to="lab_DerivativeContractTypeDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DerivativeContractTypeDomain" xml:lang="en-US"> Derivative Contract Type [Domain] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DerivativeByNatureAxis" xlink:label="us-gaap_DerivativeByNatureAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeByNatureAxis" xlink:to="lab_DerivativeByNatureAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DerivativeByNatureAxis" xml:lang="en-US"> Derivative, by Nature [Axis] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DerivativeNameDomain" xlink:label="us-gaap_DerivativeNameDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeNameDomain" xlink:to="lab_DerivativeNameDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DerivativeNameDomain" xml:lang="en-US"> Derivative, Name [Domain] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_InterestAndDividendIncomeOperatingAbstract" xml:lang="en-US"> Interest income </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue" xml:lang="en-US"> Trading account assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_InterestAndDividendIncomeOperating" xml:lang="en-US"> Total interest income </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_InterestExpenseAbstract" xml:lang="en-US"> Interest expense </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_InterestExpenseDeposits" xml:lang="en-US"> Deposits </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_InterestExpenseShortTermBorrowings" xml:lang="en-US"> Short-term borrowings </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_InterestExpenseTradingLiabilities" xml:lang="en-US"> Trading account liabilities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_InterestExpenseLongTermDebt" xml:lang="en-US"> Long-term debt </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_InterestExpense" xml:lang="en-US"> Total interest expense </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_NoninterestIncomeAbstract" xml:lang="en-US"> Noninterest income </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_FeesAndCommissionsDepositorAccounts" xml:lang="en-US"> Service charges </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_InsuranceCommissionsAndFees" xml:lang="en-US"> Insurance income </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_NoninterestIncome" xml:lang="en-US"> Total noninterest income </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ProvisionForLoanLeaseAndOtherLosses" xml:lang="en-US"> Provision for credit losses </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_NoninterestExpenseAbstract" xml:lang="en-US"> Noninterest expense </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_LaborAndRelatedExpense" xml:lang="en-US"> Personnel </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_OccupancyNet" xml:lang="en-US"> Occupancy </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_EquipmentExpense" xml:lang="en-US"> Equipment </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_MarketingAndAdvertisingExpense" xml:lang="en-US"> Marketing </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ProfessionalFees" xml:lang="en-US"> Professional fees </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_InformationTechnologyAndDataProcessing" xml:lang="en-US"> Data processing </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" xlink:label="us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" xlink:to="lab_CashAndCashEquivalentsPeriodIncreaseDecrease"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CashAndCashEquivalentsPeriodIncreaseDecrease" xml:lang="en-US"> Cash and Cash Equivalents, Period Increase (Decrease) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_CashAndCashEquivalentsPeriodIncreaseDecrease" xml:lang="en-US"> Net increase (decrease) in cash held at bank subsidiaries </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_CashAndCashEquivalentsPeriodIncreaseDecrease" xml:lang="en-US"> Net increase in cash and cash equivalents </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_CashAndCashEquivalentsPeriodIncreaseDecrease" xml:lang="en-US"> Net increase (decrease) in cash and cash equivalents </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents" xlink:label="us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents" xlink:to="lab_EffectOfExchangeRateOnCashAndCashEquivalents"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_EffectOfExchangeRateOnCashAndCashEquivalents" xml:lang="en-US"> Effect of Exchange Rate on Cash and Cash Equivalents </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_EffectOfExchangeRateOnCashAndCashEquivalents" xml:lang="en-US"> Effect of exchange rate changes on cash and cash equivalents </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_EffectOfExchangeRateOnCashAndCashEquivalents" xml:lang="en-US"> Effect of exchange rate changes on cash and cash equivalents </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:to="lab_NetCashProvidedByUsedInFinancingActivities"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_NetCashProvidedByUsedInFinancingActivities" xml:lang="en-US"> Net Cash Provided by (Used in) Financing Activities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_NetCashProvidedByUsedInFinancingActivities" xml:lang="en-US"> Net cash used in financing activities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_NetCashProvidedByUsedInFinancingActivities" xml:lang="en-US"> Net cash provided by financing activities </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ProceedsFromPaymentsForOtherFinancingActivities" xlink:label="us-gaap_ProceedsFromPaymentsForOtherFinancingActivities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromPaymentsForOtherFinancingActivities" xlink:to="lab_ProceedsFromPaymentsForOtherFinancingActivities"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ProceedsFromPaymentsForOtherFinancingActivities" xml:lang="en-US"> Other financing activities, net </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ProceedsFromPaymentsForOtherFinancingActivities" xml:lang="en-US"> Proceeds from (Payments for) Other Financing Activities </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:to="lab_NetCashProvidedByUsedInFinancingActivitiesAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_NetCashProvidedByUsedInFinancingActivitiesAbstract" xml:lang="en-US"> Financing activities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_NetCashProvidedByUsedInFinancingActivitiesAbstract" xml:lang="en-US"> Net Cash Provided by (Used in) Financing Activities [Abstract] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_PaymentsOfDividends" xlink:label="us-gaap_PaymentsOfDividends"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsOfDividends" xlink:to="lab_PaymentsOfDividends"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_PaymentsOfDividends" xml:lang="en-US"> Cash dividends paid </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_PaymentsOfDividends" xml:lang="en-US"> Payments of Dividends, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_PaymentsOfDividends" xml:lang="en-US"> Payments of Dividends </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock" xlink:label="us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock" xlink:to="lab_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock" xml:lang="en-US"> Proceeds from Issuance of Preferred Stock and Preference Stock </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock" xml:lang="en-US"> Proceed from sale of Common Equivalent securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock" xml:lang="en-US"> Proceeds from issuance of preferred stock </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_RepaymentsOfLongTermDebt" xlink:label="us-gaap_RepaymentsOfLongTermDebt"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RepaymentsOfLongTermDebt" xlink:to="lab_RepaymentsOfLongTermDebt"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_RepaymentsOfLongTermDebt" xml:lang="en-US"> Retirement of long-term debt </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_RepaymentsOfLongTermDebt" xml:lang="en-US"> Repayments of Long-term Debt, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_RepaymentsOfLongTermDebt" xml:lang="en-US"> Repayments of Long-term Debt </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ProceedsFromIssuanceOfLongTermDebt" xlink:label="us-gaap_ProceedsFromIssuanceOfLongTermDebt"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromIssuanceOfLongTermDebt" xlink:to="lab_ProceedsFromIssuanceOfLongTermDebt"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ProceedsFromIssuanceOfLongTermDebt" xml:lang="en-US"> Proceeds from issuance of long-term debt </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_ProceedsFromIssuanceOfLongTermDebt" xml:lang="en-US"> Proceeds from Issuance of Long-term Debt, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ProceedsFromIssuanceOfLongTermDebt" xml:lang="en-US"> Proceeds from Issuance of Long-term Debt </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ProceedsFromRepaymentsOfShortTermDebt" xlink:label="us-gaap_ProceedsFromRepaymentsOfShortTermDebt"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromRepaymentsOfShortTermDebt" xlink:to="lab_ProceedsFromRepaymentsOfShortTermDebt"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ProceedsFromRepaymentsOfShortTermDebt" xml:lang="en-US"> Proceeds from (Repayments of) Short-term Debt </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ProceedsFromRepaymentsOfShortTermDebt" xml:lang="en-US"> Net increase (decrease) in commercial paper and other short-term borrowings </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_ProceedsFromRepaymentsOfShortTermDebt" xml:lang="en-US"> Proceeds from (Repayments of) Short-term Debt, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ProceedsFromRepaymentsOfShortTermDebt" xml:lang="en-US"> Net decrease in commercial paper and other short-term borrowings </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchaseNet" xlink:label="bac_IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchaseNet"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchaseNet" xlink:to="bac_IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchaseNet_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchaseNet_lbl" xml:lang="en-US"> Increase Decrease In Federal Funds Purchased And Securities Loaned Or Sold Under Agreements To Repurchase Net </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchaseNet_lbl" xml:lang="en-US"> Net increase (decrease) in federal funds purchased and securities loaned or sold under agreements to repurchase </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchaseNet_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_IncreaseDecreaseInDeposits" xlink:label="us-gaap_IncreaseDecreaseInDeposits"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInDeposits" xlink:to="lab_IncreaseDecreaseInDeposits"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_IncreaseDecreaseInDeposits" xml:lang="en-US"> Increase (Decrease) in Deposits </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_IncreaseDecreaseInDeposits" xml:lang="en-US"> Increase (Decrease) in Deposits, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_IncreaseDecreaseInDeposits" xml:lang="en-US"> Net increase (decrease) in deposits </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:to="lab_NetCashProvidedByUsedInInvestingActivitiesAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_NetCashProvidedByUsedInInvestingActivitiesAbstract" xml:lang="en-US"> Investing activities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_NetCashProvidedByUsedInInvestingActivitiesAbstract" xml:lang="en-US"> Net Cash Provided by (Used in) Investing Activities [Abstract] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:to="lab_NetCashProvidedByUsedInInvestingActivities"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_NetCashProvidedByUsedInInvestingActivities" xml:lang="en-US"> Net Cash Provided by (Used in) Investing Activities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_NetCashProvidedByUsedInInvestingActivities" xml:lang="en-US"> Net cash provided by (used in) investing activities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_NetCashProvidedByUsedInInvestingActivities" xml:lang="en-US"> Net cash provided by (used in) investing activities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_NetCashProvidedByUsedInInvestingActivities" xml:lang="en-US"> Net cash provided by (used in) investing activities </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_PaymentsForProceedsFromOtherInvestingActivities" xlink:label="us-gaap_PaymentsForProceedsFromOtherInvestingActivities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsForProceedsFromOtherInvestingActivities" xlink:to="lab_PaymentsForProceedsFromOtherInvestingActivities"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_PaymentsForProceedsFromOtherInvestingActivities" xml:lang="en-US"> Other investing activities, net </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_PaymentsForProceedsFromOtherInvestingActivities" xml:lang="en-US"> Payments for (Proceeds from) Other Investing Activities </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CashAcquiredFromAcquisition" xlink:label="us-gaap_CashAcquiredFromAcquisition"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashAcquiredFromAcquisition" xlink:to="lab_CashAcquiredFromAcquisition"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CashAcquiredFromAcquisition" xml:lang="en-US"> Cash Acquired from Acquisition </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_CashAcquiredFromAcquisition" xml:lang="en-US"> Cash received upon acquisition, net </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ProceedsFromSaleOfForeclosedAssets" xlink:label="us-gaap_ProceedsFromSaleOfForeclosedAssets"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromSaleOfForeclosedAssets" xlink:to="lab_ProceedsFromSaleOfForeclosedAssets"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ProceedsFromSaleOfForeclosedAssets" xml:lang="en-US"> Proceeds from sales of foreclosed properties </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ProceedsFromSaleOfForeclosedAssets" xml:lang="en-US"> Proceeds from Sale of Foreclosed Assets </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_PaymentsForProceedsFromProductiveAssets" xlink:label="us-gaap_PaymentsForProceedsFromProductiveAssets"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsForProceedsFromProductiveAssets" xlink:to="lab_PaymentsForProceedsFromProductiveAssets"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_PaymentsForProceedsFromProductiveAssets" xml:lang="en-US"> Net purchases of premises and equipment </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_PaymentsForProceedsFromProductiveAssets" xml:lang="en-US"> Payments for (Proceeds from) Productive Assets, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_PaymentsForProceedsFromProductiveAssets" xml:lang="en-US"> Payments for (Proceeds from) Productive Assets </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_PaymentsForProceedsFromOtherLoansAndLeases" xlink:label="us-gaap_PaymentsForProceedsFromOtherLoansAndLeases"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsForProceedsFromOtherLoansAndLeases" xlink:to="lab_PaymentsForProceedsFromOtherLoansAndLeases"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_PaymentsForProceedsFromOtherLoansAndLeases" xml:lang="en-US"> Other changes in loans and leases, net </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_PaymentsForProceedsFromOtherLoansAndLeases" xml:lang="en-US"> Payments for (Proceeds from) Other Loans and Leases </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ProceedsFromSaleOfLoansAndLeasesHeldForInvestment" xlink:label="us-gaap_ProceedsFromSaleOfLoansAndLeasesHeldForInvestment"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromSaleOfLoansAndLeasesHeldForInvestment" xlink:to="lab_ProceedsFromSaleOfLoansAndLeasesHeldForInvestment"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ProceedsFromSaleOfLoansAndLeasesHeldForInvestment" xml:lang="en-US"> Proceeds from sales of loans and leases </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_ProceedsFromSaleOfLoansAndLeasesHeldForInvestment" xml:lang="en-US"> Proceeds from Sale of Loans and Leases Held-for-investment, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ProceedsFromSaleOfLoansAndLeasesHeldForInvestment" xml:lang="en-US"> Proceeds from Sale of Loans and Leases Held-for-investment </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities" xlink:label="us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities" xlink:to="lab_ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities" xml:lang="en-US"> Proceeds from maturities of held-to-maturity debt securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities" xml:lang="en-US"> Proceeds from Maturities, Prepayments and Calls of Held-to-maturity Securities </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesDebt" xlink:label="us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesDebt"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesDebt" xlink:to="lab_PaymentsToAcquireAvailableForSaleSecuritiesDebt"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_PaymentsToAcquireAvailableForSaleSecuritiesDebt" xml:lang="en-US"> Purchases of available-for-sale debt securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_PaymentsToAcquireAvailableForSaleSecuritiesDebt" xml:lang="en-US"> Payments to Acquire Available-for-sale Securities, Debt </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleDebtSecurities" xlink:label="bac_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleDebtSecurities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleDebtSecurities" xlink:to="bac_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleDebtSecurities_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleDebtSecurities_lbl" xml:lang="en-US"> Proceeds From Maturities Prepayments And Calls Of Available For Sale Debt Securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleDebtSecurities_lbl" xml:lang="en-US"> Proceeds from paydowns and maturities of available-for-sale debt securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleDebtSecurities_lbl" xml:lang="en-US"> The cash inflow associated maturities (principal being due), prepayments and calls (requests of early payments) on securities not classified as either held-to-maturity securities or trading securities which are classified as available-for-sale debt securities. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ProceedsFromSaleOfAvailableForSaleSecuritiesDebt" xlink:label="us-gaap_ProceedsFromSaleOfAvailableForSaleSecuritiesDebt"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromSaleOfAvailableForSaleSecuritiesDebt" xlink:to="lab_ProceedsFromSaleOfAvailableForSaleSecuritiesDebt"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ProceedsFromSaleOfAvailableForSaleSecuritiesDebt" xml:lang="en-US"> Proceeds from sales of available-for-sale debt securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ProceedsFromSaleOfAvailableForSaleSecuritiesDebt" xml:lang="en-US"> Proceeds from Sale of Available-for-sale Securities, Debt </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ProceedsFromPaymentsForFederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellNet" xlink:label="bac_ProceedsFromPaymentsForFederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellNet"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ProceedsFromPaymentsForFederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellNet" xlink:to="bac_ProceedsFromPaymentsForFederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellNet_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ProceedsFromPaymentsForFederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellNet_lbl" xml:lang="en-US"> Proceeds From Payments For Federal Funds Sold And Securities Borrowed Or Purchased Under Agreements To Resell Net </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ProceedsFromPaymentsForFederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellNet_lbl" xml:lang="en-US"> Net (increase) decrease in federal funds sold and securities borrowed or purchased under agreements to resell </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ProceedsFromPaymentsForFederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellNet_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ProceedsFromPaymentsForInInterestBearingDepositsInBanks" xlink:label="us-gaap_ProceedsFromPaymentsForInInterestBearingDepositsInBanks"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromPaymentsForInInterestBearingDepositsInBanks" xlink:to="lab_ProceedsFromPaymentsForInInterestBearingDepositsInBanks"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ProceedsFromPaymentsForInInterestBearingDepositsInBanks" xml:lang="en-US"> Proceeds from (Payments for) in Interest-bearing Deposits in Banks </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ProceedsFromPaymentsForInInterestBearingDepositsInBanks" xml:lang="en-US"> Net (increase) decrease in time deposits placed and other short-term investments </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:to="lab_NetCashProvidedByUsedInOperatingActivities"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_NetCashProvidedByUsedInOperatingActivities" xml:lang="en-US"> Net cash provided by operating activities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_NetCashProvidedByUsedInOperatingActivities" xml:lang="en-US"> Net cash provided by operating activities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_NetCashProvidedByUsedInOperatingActivities" xml:lang="en-US"> Net Cash Provided by (Used in) Operating Activities </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities" xlink:label="us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities" xlink:to="lab_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities" xml:lang="en-US"> Excess Tax Benefit from Share-based Compensation, Financing Activities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities" xml:lang="en-US"> Excess tax benefits on share-based payments </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet" xlink:label="us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet" xlink:to="lab_IncreaseDecreaseInOtherOperatingCapitalNet"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_IncreaseDecreaseInOtherOperatingCapitalNet" xml:lang="en-US"> Increase (Decrease) in Other Operating Assets and Liabilities, Net </label>
<label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negatedTotal" xlink:label="lab_IncreaseDecreaseInOtherOperatingCapitalNet" xml:lang="en-US"> Other operating activities, net </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_IncreaseDecreaseInOtherOperatingCapitalNet" xml:lang="en-US"> Other operating activities, net </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_IncreaseDecreaseInOtherOperatingCapitalNet" xml:lang="en-US"> Other operating activities, net </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities" xlink:label="us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities" xlink:to="lab_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities" xml:lang="en-US"> Increase (Decrease) in Accounts Payable and Accrued Liabilities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities" xml:lang="en-US"> Increase (Decrease) in Accounts Payable and Accrued Liabilities, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities" xml:lang="en-US"> Net increase (decrease) in accrued expenses and other liabilities </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_IncreaseDecreaseInOtherOperatingAssets" xlink:label="us-gaap_IncreaseDecreaseInOtherOperatingAssets"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInOtherOperatingAssets" xlink:to="lab_IncreaseDecreaseInOtherOperatingAssets"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_IncreaseDecreaseInOtherOperatingAssets" xml:lang="en-US"> Increase (Decrease) in Other Operating Assets </label>
<label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="lab_IncreaseDecreaseInOtherOperatingAssets" xml:lang="en-US"> Net (increase) decrease in other assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_IncreaseDecreaseInOtherOperatingAssets" xml:lang="en-US"> Net decrease in other assets </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities" xlink:label="us-gaap_IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities" xlink:to="lab_IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities" xml:lang="en-US"> Increase (Decrease) in Financial Instruments Used in Operating Activities </label>
<label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="lab_IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities" xml:lang="en-US"> Net (increase) decrease in trading and derivative instruments </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities" xml:lang="en-US"> Increase (Decrease) in Financial Instruments Used in Operating Activities, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities" xml:lang="en-US"> Net decrease in trading and derivative instruments </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DeferredIncomeTaxExpenseBenefit" xlink:label="us-gaap_DeferredIncomeTaxExpenseBenefit"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredIncomeTaxExpenseBenefit" xlink:to="lab_DeferredIncomeTaxExpenseBenefit"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DeferredIncomeTaxExpenseBenefit" xml:lang="en-US"> Deferred Income Tax Expense (Benefit) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_DeferredIncomeTaxExpenseBenefit" xml:lang="en-US"> Total deferred expense (benefit) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DeferredIncomeTaxExpenseBenefit" xml:lang="en-US"> Deferred income tax expense (benefit) </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DepreciationPremisesAndEquipment" xlink:label="us-gaap_DepreciationPremisesAndEquipment"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DepreciationPremisesAndEquipment" xlink:to="lab_DepreciationPremisesAndEquipment"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DepreciationPremisesAndEquipment" xml:lang="en-US"> Depreciation Premises and Equipment </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DepreciationPremisesAndEquipment" xml:lang="en-US"> Depreciation and premises improvements amortization </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_ProvisionForLoanLeaseAndOtherLosses" xml:lang="en-US"> Provision for Loan, Lease, and Other Losses, Total </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:to="lab_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xml:lang="en-US"> Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xml:lang="en-US"> Reconciliation of net income (loss) to net cash provided by operating activities: </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_PaymentsForProceedsFromOtherInvestingActivities" xml:lang="en-US"> Other investing activities, net </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_ProceedsFromPaymentsForOtherFinancingActivities" xml:lang="en-US"> Other financing activities, net </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_SharesIssued" xlink:label="us-gaap_SharesIssued"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SharesIssued" xlink:to="lab_SharesIssued"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="lab_SharesIssued" xml:lang="en-US"> Beginning Balance, Shares </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="lab_SharesIssued" xml:lang="en-US"> Ending Balance, Shares </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_SharesIssued" xml:lang="en-US"> Shares, Issued </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CumulativeEffectAdjustmentFromAdoptionOfRecognitionOfOtherThanTemporaryImpairmentOnDebtSecurities" xlink:label="bac_CumulativeEffectAdjustmentFromAdoptionOfRecognitionOfOtherThanTemporaryImpairmentOnDebtSecurities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CumulativeEffectAdjustmentFromAdoptionOfRecognitionOfOtherThanTemporaryImpairmentOnDebtSecurities" xlink:to="bac_CumulativeEffectAdjustmentFromAdoptionOfRecognitionOfOtherThanTemporaryImpairmentOnDebtSecurities_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CumulativeEffectAdjustmentFromAdoptionOfRecognitionOfOtherThanTemporaryImpairmentOnDebtSecurities_lbl" xml:lang="en-US"> Cumulative Effect Adjustment From Adoption Of Recognition Of Other Than Temporary Impairment On Debt Securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bac_CumulativeEffectAdjustmentFromAdoptionOfRecognitionOfOtherThanTemporaryImpairmentOnDebtSecurities_lbl" xml:lang="en-US"> Cumulative adjustment for accounting change - OTTI </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CumulativeEffectAdjustmentFromAdoptionOfRecognitionOfOtherThanTemporaryImpairmentOnDebtSecurities_lbl" xml:lang="en-US"> Cumulative adjustment for accounting change - Other-than-temporary impairments on debt securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CumulativeEffectAdjustmentFromAdoptionOfRecognitionOfOtherThanTemporaryImpairmentOnDebtSecurities_lbl" xml:lang="en-US"> Cumulative effect of initial adoption of new accounting guidance related to the recognition of other-than-temporary impairment charges on debt securities. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_OtherComprehensiveIncomeAvailableForSaleSecuritiesAdjustmentNetOfTaxPeriodIncreaseDecrease" xlink:label="us-gaap_OtherComprehensiveIncomeAvailableForSaleSecuritiesAdjustmentNetOfTaxPeriodIncreaseDecrease"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherComprehensiveIncomeAvailableForSaleSecuritiesAdjustmentNetOfTaxPeriodIncreaseDecrease" xlink:to="lab_OtherComprehensiveIncomeAvailableForSaleSecuritiesAdjustmentNetOfTaxPeriodIncreaseDecrease"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_OtherComprehensiveIncomeAvailableForSaleSecuritiesAdjustmentNetOfTaxPeriodIncreaseDecrease" xml:lang="en-US"> Net change in available-for-sale debt and marketable equity securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_OtherComprehensiveIncomeAvailableForSaleSecuritiesAdjustmentNetOfTaxPeriodIncreaseDecrease" xml:lang="en-US"> Other Comprehensive Income, Available-for-sale Securities Adjustment, Net of Tax, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_OtherComprehensiveIncomeAvailableForSaleSecuritiesAdjustmentNetOfTaxPeriodIncreaseDecrease" xml:lang="en-US"> Other Comprehensive Income, Available-for-sale Securities Adjustment, Net of Tax </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease" xlink:label="us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease" xlink:to="lab_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease" xml:lang="en-US"> Net change in foreign currency translation adjustments </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease" xml:lang="en-US"> Other Comprehensive Income, Foreign Currency Transaction and Translation Adjustment, Net of Tax, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease" xml:lang="en-US"> Other Comprehensive Income, Foreign Currency Transaction and Translation Adjustment, Net of Tax </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPeriodIncreaseDecrease" xlink:label="us-gaap_OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPeriodIncreaseDecrease"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPeriodIncreaseDecrease" xlink:to="lab_OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPeriodIncreaseDecrease"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPeriodIncreaseDecrease" xml:lang="en-US"> Net change in derivatives </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPeriodIncreaseDecrease" xml:lang="en-US"> Other Comprehensive Income, Derivatives Qualifying as Hedges, Net of Tax, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPeriodIncreaseDecrease" xml:lang="en-US"> Other Comprehensive Income, Derivatives Qualifying as Hedges, Net of Tax </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPeriodIncreaseDecrease" xlink:label="us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPeriodIncreaseDecrease"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPeriodIncreaseDecrease" xlink:to="lab_OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPeriodIncreaseDecrease"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPeriodIncreaseDecrease" xml:lang="en-US"> Employee benefit plan adjustments </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPeriodIncreaseDecrease" xml:lang="en-US"> Other Comprehensive Income, Defined Benefit Plans Adjustment, Net of Tax, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPeriodIncreaseDecrease" xml:lang="en-US"> Other Comprehensive Income, Defined Benefit Plans Adjustment, Net of Tax </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_PaymentsOfDividendsAbstract" xlink:label="us-gaap_PaymentsOfDividendsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsOfDividendsAbstract" xlink:to="lab_PaymentsOfDividendsAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_PaymentsOfDividendsAbstract" xml:lang="en-US"> Dividends paid: </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_PaymentsOfDividendsAbstract" xml:lang="en-US"> Payments of Dividends [Abstract] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DividendsCommonStock" xlink:label="us-gaap_DividendsCommonStock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DividendsCommonStock" xlink:to="lab_DividendsCommonStock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DividendsCommonStock" xml:lang="en-US"> Dividends, Common Stock </label>
<label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="lab_DividendsCommonStock" xml:lang="en-US"> Common </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_DividendsCommonStock" xml:lang="en-US"> Dividends, Common Stock, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DividendsCommonStock" xml:lang="en-US"> Common </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DividendsPreferredStock" xlink:label="us-gaap_DividendsPreferredStock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DividendsPreferredStock" xlink:to="lab_DividendsPreferredStock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DividendsPreferredStock" xml:lang="en-US"> Dividends, Preferred Stock </label>
<label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="lab_DividendsPreferredStock" xml:lang="en-US"> Preferred </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_DividendsPreferredStock" xml:lang="en-US"> Aggregate dividends declared on preferred stock </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_DividendsPreferredStock" xml:lang="en-US"> Dividends, Preferred Stock, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DividendsPreferredStock" xml:lang="en-US"> Preferred </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_StockIssuedDuringPeriodValuePreferredNewIssues" xlink:label="bac_StockIssuedDuringPeriodValuePreferredNewIssues"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_StockIssuedDuringPeriodValuePreferredNewIssues" xlink:to="bac_StockIssuedDuringPeriodValuePreferredNewIssues_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_StockIssuedDuringPeriodValuePreferredNewIssues_lbl" xml:lang="en-US"> Stock Issued During Period Value Preferred New Issues </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_StockIssuedDuringPeriodValuePreferredNewIssues_lbl" xml:lang="en-US"> Issuance of preferred stock and stock warrants </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_StockIssuedDuringPeriodValuePreferredNewIssues_lbl" xml:lang="en-US"> Value of preferred stock issued during the period. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_OtherStockIssuedDuringPeriodValue" xlink:label="bac_OtherStockIssuedDuringPeriodValue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_OtherStockIssuedDuringPeriodValue" xlink:to="bac_OtherStockIssuedDuringPeriodValue_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_OtherStockIssuedDuringPeriodValue_lbl" xml:lang="en-US"> Other Stock Issued During Period Value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_OtherStockIssuedDuringPeriodValue_lbl" xml:lang="en-US"> Common Equivalent Securities conversion </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_OtherStockIssuedDuringPeriodValue_lbl" xml:lang="en-US"> Represents other shareholder equity activities that are not separately presented in any shareholders equity category. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueAcquisitions" xlink:label="us-gaap_StockIssuedDuringPeriodValueAcquisitions"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockIssuedDuringPeriodValueAcquisitions" xlink:to="lab_StockIssuedDuringPeriodValueAcquisitions"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_StockIssuedDuringPeriodValueAcquisitions" xml:lang="en-US"> Stock issued in acquisition </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_StockIssuedDuringPeriodValueAcquisitions" xml:lang="en-US"> Stock Issued During Period, Value, Acquisitions </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesAcquisitions" xlink:label="us-gaap_StockIssuedDuringPeriodSharesAcquisitions"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockIssuedDuringPeriodSharesAcquisitions" xlink:to="lab_StockIssuedDuringPeriodSharesAcquisitions"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_StockIssuedDuringPeriodSharesAcquisitions" xml:lang="en-US"> Common stock issued in effect of acquisition with Merrill Lynch </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_StockIssuedDuringPeriodSharesAcquisitions" xml:lang="en-US"> Stock Issued During Period, Shares, Acquisitions </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_StockIssuedDuringPeriodSharesAcquisitions" xml:lang="en-US"> Stock issued in acquisition, shares </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesNewIssues" xlink:label="us-gaap_StockIssuedDuringPeriodSharesNewIssues"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockIssuedDuringPeriodSharesNewIssues" xlink:to="lab_StockIssuedDuringPeriodSharesNewIssues"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_StockIssuedDuringPeriodSharesNewIssues" xml:lang="en-US"> Stock Issued During Period, Shares, New Issues </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_StockIssuedDuringPeriodSharesNewIssues" xml:lang="en-US"> Common stock issued an at-the market issuance program </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_StockIssuedDuringPeriodSharesNewIssues" xml:lang="en-US"> Issuance of common stock, shares </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_StockOptionsExercisedIncludingIncomeTaxBenefitsVestingOfRestrictedStockUnitsAndOtherShares" xlink:label="bac_StockOptionsExercisedIncludingIncomeTaxBenefitsVestingOfRestrictedStockUnitsAndOtherShares"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_StockOptionsExercisedIncludingIncomeTaxBenefitsVestingOfRestrictedStockUnitsAndOtherShares" xlink:to="bac_StockOptionsExercisedIncludingIncomeTaxBenefitsVestingOfRestrictedStockUnitsAndOtherShares_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_StockOptionsExercisedIncludingIncomeTaxBenefitsVestingOfRestrictedStockUnitsAndOtherShares_lbl" xml:lang="en-US"> Stock Options Exercised Including Income Tax Benefits Vesting Of Restricted Stock Units And Other Shares </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_StockOptionsExercisedIncludingIncomeTaxBenefitsVestingOfRestrictedStockUnitsAndOtherShares_lbl" xml:lang="en-US"> Common stock issued under employee stock plans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bac_StockOptionsExercisedIncludingIncomeTaxBenefitsVestingOfRestrictedStockUnitsAndOtherShares_lbl" xml:lang="en-US"> Common stock issued under employee stock plans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_StockOptionsExercisedIncludingIncomeTaxBenefitsVestingOfRestrictedStockUnitsAndOtherShares_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_StockOptionsExercisedIncludingIncomeTaxBenefitsVestingOfRestrictedStockUnitsAndOther" xlink:label="bac_StockOptionsExercisedIncludingIncomeTaxBenefitsVestingOfRestrictedStockUnitsAndOther"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_StockOptionsExercisedIncludingIncomeTaxBenefitsVestingOfRestrictedStockUnitsAndOther" xlink:to="bac_StockOptionsExercisedIncludingIncomeTaxBenefitsVestingOfRestrictedStockUnitsAndOther_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_StockOptionsExercisedIncludingIncomeTaxBenefitsVestingOfRestrictedStockUnitsAndOther_lbl" xml:lang="en-US"> Stock Options Exercised Including Income Tax Benefits Vesting Of Restricted Stock Units And Other </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_StockOptionsExercisedIncludingIncomeTaxBenefitsVestingOfRestrictedStockUnitsAndOther_lbl" xml:lang="en-US"> Common stock issued under employee plans and related tax effects </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_StockOptionsExercisedIncludingIncomeTaxBenefitsVestingOfRestrictedStockUnitsAndOther_lbl" 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. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPeriodIncreaseDecrease" xml:lang="en-US"> Common stock repurchased </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_StockholdersEquityOther" xlink:label="us-gaap_StockholdersEquityOther"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquityOther" xlink:to="lab_StockholdersEquityOther"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_StockholdersEquityOther" xml:lang="en-US"> Other </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_StockholdersEquityOther" xml:lang="en-US"> Stockholders' Equity, Other </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_OthersMember" xlink:label="bac_OthersMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_OthersMember" xlink:to="bac_OthersMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_OthersMember_lbl" xml:lang="en-US"> Other </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_OthersMember_lbl" xml:lang="en-US"> other. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_PreferredStockMember" xlink:label="us-gaap_PreferredStockMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PreferredStockMember" xlink:to="lab_PreferredStockMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_PreferredStockMember" xml:lang="en-US"> Preferred Stock [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_PreferredStockMember" xml:lang="en-US"> Preferred Stock [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CommonStockIncludingAdditionalPaidInCapitalMember" xlink:label="us-gaap_CommonStockIncludingAdditionalPaidInCapitalMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockIncludingAdditionalPaidInCapitalMember" xlink:to="lab_CommonStockIncludingAdditionalPaidInCapitalMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CommonStockIncludingAdditionalPaidInCapitalMember" xml:lang="en-US"> Common Stock and Additional Paid-in Capital </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_RetainedEarningsMember" xlink:label="us-gaap_RetainedEarningsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RetainedEarningsMember" xlink:to="lab_RetainedEarningsMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_RetainedEarningsMember" xml:lang="en-US"> Retained Earnings </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeMember" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccumulatedOtherComprehensiveIncomeMember" xlink:to="lab_AccumulatedOtherComprehensiveIncomeMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_AccumulatedOtherComprehensiveIncomeMember" xml:lang="en-US"> Accumulated Other Comprehensive Income (Loss) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_AccumulatedOtherComprehensiveIncomeMember" xml:lang="en-US"> Accumulated Other Comprehensive Income (Loss) </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_StatementOfStockholdersEquityAbstract" xlink:label="us-gaap_StatementOfStockholdersEquityAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementOfStockholdersEquityAbstract" xlink:to="lab_StatementOfStockholdersEquityAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_StatementOfStockholdersEquityAbstract" xml:lang="en-US"> Consolidated Statement of Changes in Shareholders' Equity [Abstract] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="us-gaap_StatementEquityComponentsAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementEquityComponentsAxis" xlink:to="lab_StatementEquityComponentsAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_StatementEquityComponentsAxis" xml:lang="en-US"> Statement, Equity Components [Axis] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="us-gaap_EquityComponentDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EquityComponentDomain" xlink:to="lab_EquityComponentDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_EquityComponentDomain" xml:lang="en-US"> Equity Component [Domain] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ParentMember" xlink:label="us-gaap_ParentMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ParentMember" xlink:to="lab_ParentMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ParentMember" xml:lang="en-US"> Bank of America Corporation [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_StatementOfCashFlowsAbstract" xlink:label="us-gaap_StatementOfCashFlowsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementOfCashFlowsAbstract" xlink:to="lab_StatementOfCashFlowsAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_StatementOfCashFlowsAbstract" xml:lang="en-US"> Consolidated Statement of Cash Flows [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_StatementOfCashFlowsAbstract" xml:lang="en-US"> Condensed Statement of Cash Flows </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:to="lab_NetCashProvidedByUsedInOperatingActivitiesAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_NetCashProvidedByUsedInOperatingActivitiesAbstract" xml:lang="en-US"> Net Cash Provided by (Used in) Operating Activities [Abstract] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SummaryOfSignificantAccountingPrinciplesAbstract" xlink:label="bac_SummaryOfSignificantAccountingPrinciplesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SummaryOfSignificantAccountingPrinciplesAbstract" xlink:to="bac_SummaryOfSignificantAccountingPrinciplesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SummaryOfSignificantAccountingPrinciplesAbstract_lbl" xml:lang="en-US"> Summary Of Significant Accounting Principles [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_SummaryOfSignificantAccountingPrinciplesAbstract_lbl" xml:lang="en-US"> Summary of Significant Accounting Principles </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SummaryOfSignificantAccountingPrinciplesAbstract_lbl" xml:lang="en-US"> Summary of Significant Accounting Principles. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_SignificantAccountingPoliciesTextBlock" xlink:label="us-gaap_SignificantAccountingPoliciesTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SignificantAccountingPoliciesTextBlock" xlink:to="lab_SignificantAccountingPoliciesTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_SignificantAccountingPoliciesTextBlock" xml:lang="en-US"> Summary of Significant Accounting Principles </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_SignificantAccountingPoliciesTextBlock" xml:lang="en-US"> Significant Accounting Policies [Text Block] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MergerAndRestructuringActivityAbstract" xlink:label="bac_MergerAndRestructuringActivityAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MergerAndRestructuringActivityAbstract" xlink:to="bac_MergerAndRestructuringActivityAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MergerAndRestructuringActivityAbstract_lbl" xml:lang="en-US"> Merger and Restructuring Activity [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_MergerAndRestructuringActivityAbstract_lbl" xml:lang="en-US"> Merger and Restructuring Activity [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MergerAndRestructuringActivityAbstract_lbl" xml:lang="en-US"> Merger and Restructuring Activity. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SummaryOfSignificantAccountingPrinciplesDetailsAbstract" xlink:label="bac_SummaryOfSignificantAccountingPrinciplesDetailsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SummaryOfSignificantAccountingPrinciplesDetailsAbstract" xlink:to="bac_SummaryOfSignificantAccountingPrinciplesDetailsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SummaryOfSignificantAccountingPrinciplesDetailsAbstract_lbl" xml:lang="en-US"> Summary of Significant Accounting Principles (Details) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_SummaryOfSignificantAccountingPrinciplesDetailsAbstract_lbl" xml:lang="en-US"> Summary Of Significant Accounting Principles (Details) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SummaryOfSignificantAccountingPrinciplesDetailsAbstract_lbl" xml:lang="en-US"> Summary Of Significant Accounting Principles (Details). </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_BusinessCombinationDisclosureTextBlock" xlink:label="us-gaap_BusinessCombinationDisclosureTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_BusinessCombinationDisclosureTextBlock" xlink:to="lab_BusinessCombinationDisclosureTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_BusinessCombinationDisclosureTextBlock" xml:lang="en-US"> Business Combination Disclosure [Text Block] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_BusinessAcquisitionCostOfAcquiredEntityEquityInterestsIssuedAndIssuable" xlink:label="us-gaap_BusinessAcquisitionCostOfAcquiredEntityEquityInterestsIssuedAndIssuable"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_BusinessAcquisitionCostOfAcquiredEntityEquityInterestsIssuedAndIssuable" xlink:to="lab_BusinessAcquisitionCostOfAcquiredEntityEquityInterestsIssuedAndIssuable"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_BusinessAcquisitionCostOfAcquiredEntityEquityInterestsIssuedAndIssuable" xml:lang="en-US"> Corporation acquired entity through its merger with a subsidiary of the Corporation in exchange for common and preferred stock </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_BusinessAcquisitionCostOfAcquiredEntityEquityInterestsIssuedAndIssuable" xml:lang="en-US"> Business Acquisition, Cost of Acquired Entity, Equity Interests Issued and Issuable </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MergerAndRestructuringActivityDetailsAbstract" xlink:label="bac_MergerAndRestructuringActivityDetailsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MergerAndRestructuringActivityDetailsAbstract" xlink:to="bac_MergerAndRestructuringActivityDetailsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MergerAndRestructuringActivityDetailsAbstract_lbl" xml:lang="en-US"> Merger and Restructuring Activity (Details) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_MergerAndRestructuringActivityDetailsAbstract_lbl" xml:lang="en-US"> Merger and Restructuring Activity (Details) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MergerAndRestructuringActivityDetailsAbstract_lbl" xml:lang="en-US"> Merger and Restructuring Activity (Details) [Abstract]. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_EquitySecuritiesMember" xlink:label="us-gaap_EquitySecuritiesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EquitySecuritiesMember" xlink:to="lab_EquitySecuritiesMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_EquitySecuritiesMember" xml:lang="en-US"> Equity Securities [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_USTreasurySecuritiesMember" xlink:label="us-gaap_USTreasurySecuritiesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_USTreasurySecuritiesMember" xlink:to="lab_USTreasurySecuritiesMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_USTreasurySecuritiesMember" xml:lang="en-US"> U.S. Treasury and agency securities [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ForeignGovernmentDebtSecuritiesMember" xlink:label="us-gaap_ForeignGovernmentDebtSecuritiesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ForeignGovernmentDebtSecuritiesMember" xlink:to="lab_ForeignGovernmentDebtSecuritiesMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ForeignGovernmentDebtSecuritiesMember" xml:lang="en-US"> Non-U.S. debt securities [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_OtherDebtSecuritiesMember" xlink:label="us-gaap_OtherDebtSecuritiesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherDebtSecuritiesMember" xlink:to="lab_OtherDebtSecuritiesMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_OtherDebtSecuritiesMember" xml:lang="en-US"> Other Taxable Securities, Debt [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_InterestRateContractMember" xlink:label="us-gaap_InterestRateContractMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestRateContractMember" xlink:to="lab_InterestRateContractMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_InterestRateContractMember" xml:lang="en-US"> Interest Rate Contract [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ForeignExchangeContractMember" xlink:label="us-gaap_ForeignExchangeContractMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ForeignExchangeContractMember" xlink:to="lab_ForeignExchangeContractMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ForeignExchangeContractMember" xml:lang="en-US"> Foreign Exchange Contract [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_EquityContractMember" xlink:label="us-gaap_EquityContractMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EquityContractMember" xlink:to="lab_EquityContractMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_EquityContractMember" xml:lang="en-US"> Equity Contract [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CommodityContractMember" xlink:label="us-gaap_CommodityContractMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommodityContractMember" xlink:to="lab_CommodityContractMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CommodityContractMember" xml:lang="en-US"> Commodity Contract [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis" xlink:label="us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis" xlink:to="lab_DefinedBenefitPlanByPlanAssetCategoriesAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanByPlanAssetCategoriesAxis" xml:lang="en-US"> Defined Benefit Plan by Plan Asset Categories [Axis] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_BusinessAcquisitionPurchasePriceAllocationAbstract" xlink:label="us-gaap_BusinessAcquisitionPurchasePriceAllocationAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_BusinessAcquisitionPurchasePriceAllocationAbstract" xlink:to="lab_BusinessAcquisitionPurchasePriceAllocationAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_BusinessAcquisitionPurchasePriceAllocationAbstract" xml:lang="en-US"> Purchase Price Allocation (Details) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_BusinessAcquisitionPurchasePriceAllocationAbstract" xml:lang="en-US"> Merrill Lynch Purchase Price Allocation </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_BusinessAcquisitionPurchasePriceAllocationAbstract" xml:lang="en-US"> Merrill Lynch Purchase Price Allocation </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SubsidiaryCommonSharesExchangedForAcquisition" xlink:label="bac_SubsidiaryCommonSharesExchangedForAcquisition"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SubsidiaryCommonSharesExchangedForAcquisition" xlink:to="bac_SubsidiaryCommonSharesExchangedForAcquisition_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SubsidiaryCommonSharesExchangedForAcquisition_lbl" xml:lang="en-US"> Subsidiary Common Shares Exchanged For Acquisition </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_SubsidiaryCommonSharesExchangedForAcquisition_lbl" xml:lang="en-US"> Merrill Lynch common shares exchanged </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SubsidiaryCommonSharesExchangedForAcquisition_lbl" xml:lang="en-US"> Represents the number of common shares exchanged at acquisition date. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ExchangeRatioForAcquisition" xlink:label="bac_ExchangeRatioForAcquisition"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ExchangeRatioForAcquisition" xlink:to="bac_ExchangeRatioForAcquisition_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ExchangeRatioForAcquisition_lbl" xml:lang="en-US"> Exchange Ratio For Acquisition </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bac_ExchangeRatioForAcquisition_lbl" xml:lang="en-US"> Exchange ratio for acquisition </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_ExchangeRatioForAcquisition_lbl" xml:lang="en-US"> Exchange ratio </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ExchangeRatioForAcquisition_lbl" xml:lang="en-US"> Corporation acquired Countrywide through its merger with a subsidiary of the Corporation; under the terms of the merger agreement, Countrywide shareholders received share of Bank of America </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ExchangeRatioForAcquisition_lbl" xml:lang="en-US"> The number of shares of the acquiring company that a shareholder will receive for one share of the acquired company. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PurchasePricePerShareOfCorporationsCommonStock" xlink:label="bac_PurchasePricePerShareOfCorporationsCommonStock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PurchasePricePerShareOfCorporationsCommonStock" xlink:to="bac_PurchasePricePerShareOfCorporationsCommonStock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PurchasePricePerShareOfCorporationsCommonStock_lbl" xml:lang="en-US"> Purchase price per share of the Corporation's common stock </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PurchasePricePerShareOfCorporationsCommonStock_lbl" xml:lang="en-US"> Purchase price per share of common stock exchanged at acquisition date. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_PurchasePricePerShareOfCorporationsCommonStock_lbl" xml:lang="en-US"> Purchase price per share of the Corporation's common stock </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PurchasePricePerShareOfCorporationsCommonStock_lbl" xml:lang="en-US"> Purchase price per share of the Corporation's common stock </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_SubsidiaryOfCommonParentMember" xlink:label="us-gaap_SubsidiaryOfCommonParentMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SubsidiaryOfCommonParentMember" xlink:to="lab_SubsidiaryOfCommonParentMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_SubsidiaryOfCommonParentMember" xml:lang="en-US"> Merrill Lynch & Co., Inc. and subsidiaries [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_BusinessAcquisitionCostOfAcquiredEntityPurchasePrice" xlink:label="us-gaap_BusinessAcquisitionCostOfAcquiredEntityPurchasePrice"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_BusinessAcquisitionCostOfAcquiredEntityPurchasePrice" xlink:to="lab_BusinessAcquisitionCostOfAcquiredEntityPurchasePrice"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_BusinessAcquisitionCostOfAcquiredEntityPurchasePrice" xml:lang="en-US"> Business Acquisition, Cost of Acquired Entity, Purchase Price </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_BusinessAcquisitionCostOfAcquiredEntityPurchasePrice" xml:lang="en-US"> Purchase price </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_BusinessAcquisitionCostOfAcquiredEntityPurchasePrice" xml:lang="en-US"> Total purchase price </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_BusinessAcquisitionCostOfAcquiredEntityPurchasePrice" xml:lang="en-US"> Total purchase price </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AllocationOfPurchasePriceAbstract" xlink:label="bac_AllocationOfPurchasePriceAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AllocationOfPurchasePriceAbstract" xlink:to="bac_AllocationOfPurchasePriceAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AllocationOfPurchasePriceAbstract_lbl" xml:lang="en-US"> Allocation Of Purchase Price Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AllocationOfPurchasePriceAbstract_lbl" xml:lang="en-US"> Allocation of the purchase price </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AllocationOfPurchasePriceAbstract_lbl" xml:lang="en-US"> Allocation Of Purchase Price Abstract. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_RelatedPartyTransactionsByRelatedPartyAxis" xlink:label="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis" xlink:to="lab_RelatedPartyTransactionsByRelatedPartyAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_RelatedPartyTransactionsByRelatedPartyAxis" xml:lang="en-US"> Related Party Transactions, by Related Party [Axis] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_RelatedPartyDomain" xlink:label="us-gaap_RelatedPartyDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RelatedPartyDomain" xlink:to="lab_RelatedPartyDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_RelatedPartyDomain" xml:lang="en-US"> Related Party [Domain] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis" xlink:label="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis" xlink:to="lab_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis" xml:lang="en-US"> Antidilutive Securities Excluded from Computation of Earnings Per Share, by Antidilutive Securities [Axis] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_AntidilutiveSecuritiesNameDomain" xlink:label="us-gaap_AntidilutiveSecuritiesNameDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AntidilutiveSecuritiesNameDomain" xlink:to="lab_AntidilutiveSecuritiesNameDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_AntidilutiveSecuritiesNameDomain" xml:lang="en-US"> Antidilutive Securities, Name [Domain] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_GoodwillAndIntangibleAssets" xlink:label="bac_GoodwillAndIntangibleAssets"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_GoodwillAndIntangibleAssets" xlink:to="bac_GoodwillAndIntangibleAssets_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_GoodwillAndIntangibleAssets_lbl" xml:lang="en-US"> Goodwill and intangible assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_GoodwillAndIntangibleAssets_lbl" xml:lang="en-US"> Merrill Lynch goodwill and intangible assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_GoodwillAndIntangibleAssets_lbl" xml:lang="en-US"> Represents the amount of purchase price allocated to goodwill and intangible assets acquired at acquisition date. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DeferredIncomeTaxesOnAdjustment" xlink:label="bac_DeferredIncomeTaxesOnAdjustment"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DeferredIncomeTaxesOnAdjustment" xlink:to="bac_DeferredIncomeTaxesOnAdjustment_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DeferredIncomeTaxesOnAdjustment_lbl" xml:lang="en-US"> Deferred Income Taxes On Adjustment </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_DeferredIncomeTaxesOnAdjustment_lbl" xml:lang="en-US"> Deferred income taxes </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_DeferredIncomeTaxesOnAdjustment_lbl" xml:lang="en-US"> Deferred income taxes </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DeferredIncomeTaxesOnAdjustment_lbl" xml:lang="en-US"> Total of deferred income taxes related to acquisition and adjustments to the allocation of purchase price. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AfterTaxTotalAdjustments" xlink:label="bac_AfterTaxTotalAdjustments"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AfterTaxTotalAdjustments" xlink:to="bac_AfterTaxTotalAdjustments_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AfterTaxTotalAdjustments_lbl" xml:lang="en-US"> After-tax total adjustments </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AfterTaxTotalAdjustments_lbl" xml:lang="en-US"> Total of after-tax adjustments to reflect acquired assets and liabilities at fair value. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AfterTaxTotalAdjustments_lbl" xml:lang="en-US"> After-tax total adjustments </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_BusinessAcquisitionPurchasePriceAllocationAssetsAcquiredLiabilitiesAssumedNet" xlink:label="us-gaap_BusinessAcquisitionPurchasePriceAllocationAssetsAcquiredLiabilitiesAssumedNet"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_BusinessAcquisitionPurchasePriceAllocationAssetsAcquiredLiabilitiesAssumedNet" xlink:to="lab_BusinessAcquisitionPurchasePriceAllocationAssetsAcquiredLiabilitiesAssumedNet"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_BusinessAcquisitionPurchasePriceAllocationAssetsAcquiredLiabilitiesAssumedNet" xml:lang="en-US"> Fair value of net assets acquired </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_BusinessAcquisitionPurchasePriceAllocationAssetsAcquiredLiabilitiesAssumedNet" xml:lang="en-US"> Business Acquisition, Purchase Price Allocation, Assets Acquired (Liabilities Assumed), Net </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_BusinessAcquisitionPurchasePriceAllocationGoodwillAmount" xlink:label="us-gaap_BusinessAcquisitionPurchasePriceAllocationGoodwillAmount"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_BusinessAcquisitionPurchasePriceAllocationGoodwillAmount" xlink:to="lab_BusinessAcquisitionPurchasePriceAllocationGoodwillAmount"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_BusinessAcquisitionPurchasePriceAllocationGoodwillAmount" xml:lang="en-US"> Business Acquisition, Purchase Price Allocation, Goodwill Amount </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_BusinessAcquisitionPurchasePriceAllocationGoodwillAmount" xml:lang="en-US"> Goodwill resulting from acquisition </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_BusinessAcquisitionPurchasePriceAllocationGoodwillAmount" xml:lang="en-US"> Goodwill resulting from the Merrill Lynch acquisition </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_BusinessAcquisitionPurchasePriceAllocationGoodwillAmount" xml:lang="en-US"> Goodwill resulting from the Merrill Lynch acquisition </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_AfterTaxTotalAdjustments_lbl" xml:lang="en-US"> After-tax total adjustments </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TotalValueOfCorporationsCommonStockAndCashExchangedForFractionalShares" xlink:label="bac_TotalValueOfCorporationsCommonStockAndCashExchangedForFractionalShares"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TotalValueOfCorporationsCommonStockAndCashExchangedForFractionalShares" xlink:to="bac_TotalValueOfCorporationsCommonStockAndCashExchangedForFractionalShares_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TotalValueOfCorporationsCommonStockAndCashExchangedForFractionalShares_lbl" xml:lang="en-US"> Total value of the Corporation's common stock and cash exchanged for fractional shares </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TotalValueOfCorporationsCommonStockAndCashExchangedForFractionalShares_lbl" xml:lang="en-US"> Value of common stock and cash exchanged for fractional shares at acquisition date. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_TotalValueOfCorporationsCommonStockAndCashExchangedForFractionalShares_lbl" xml:lang="en-US"> Total value of the Corporation's common stock and cash exchanged for fractional shares </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CorporationsCommonSharesIssued" xlink:label="bac_CorporationsCommonSharesIssued"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CorporationsCommonSharesIssued" xlink:to="bac_CorporationsCommonSharesIssued_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CorporationsCommonSharesIssued_lbl" xml:lang="en-US"> The Corporation's common shares issued </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CorporationsCommonSharesIssued_lbl" xml:lang="en-US"> Total number of common shares issued at acquisition date. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CorporationsCommonSharesIssued_lbl" xml:lang="en-US"> The Corporation's common shares issued </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_BusinessAcquisitionPurchasePriceAllocationAssetsAcquiredLiabilitiesAssumedNet" xml:lang="en-US"> Total assets </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SubsidiaryTwoMember" xlink:label="bac_SubsidiaryTwoMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SubsidiaryTwoMember" xlink:to="bac_SubsidiaryTwoMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SubsidiaryTwoMember_lbl" xml:lang="en-US"> Countrywide [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SubsidiaryTwoMember_lbl" xml:lang="en-US"> Subsidiary Two Member. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_SeveranceCosts" xlink:label="us-gaap_SeveranceCosts"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SeveranceCosts" xlink:to="lab_SeveranceCosts"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_SeveranceCosts" xml:lang="en-US"> Severance and employee-related charges </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_SeveranceCosts" xml:lang="en-US"> Severance Costs </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SystemsIntegrationsAndRelatedCharges" xlink:label="bac_SystemsIntegrationsAndRelatedCharges"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SystemsIntegrationsAndRelatedCharges" xlink:to="bac_SystemsIntegrationsAndRelatedCharges_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SystemsIntegrationsAndRelatedCharges_lbl" xml:lang="en-US"> Systems integrations and related charges </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SystemsIntegrationsAndRelatedCharges_lbl" xml:lang="en-US"> Costs associated with integrating systems and operations of the Corporation and acquisitions. These charges do not represent ongoing costs of the fully integrated combined organization. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_SystemsIntegrationsAndRelatedCharges_lbl" xml:lang="en-US"> Systems integrations and related charges </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_OtherRestructuringCosts" xlink:label="us-gaap_OtherRestructuringCosts"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherRestructuringCosts" xlink:to="lab_OtherRestructuringCosts"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_OtherRestructuringCosts" xml:lang="en-US"> Other </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_OtherRestructuringCosts" xml:lang="en-US"> Other Restructuring Costs </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MergerRelatedExitCostAndRestructuringReservesAbstract" xlink:label="bac_MergerRelatedExitCostAndRestructuringReservesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MergerRelatedExitCostAndRestructuringReservesAbstract" xlink:to="bac_MergerRelatedExitCostAndRestructuringReservesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MergerRelatedExitCostAndRestructuringReservesAbstract_lbl" xml:lang="en-US"> Merger-related Exit Cost and Restructuring Reserves [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_MergerRelatedExitCostAndRestructuringReservesAbstract_lbl" xml:lang="en-US"> Merger-related Exit Cost and Restructuring Reserves </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MergerRelatedExitCostAndRestructuringReservesAbstract_lbl" xml:lang="en-US"> Merger-related Exit Cost and Restructuring Reserves. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MergerAndRestructuringActivityTextualsAbstract" xlink:label="bac_MergerAndRestructuringActivityTextualsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MergerAndRestructuringActivityTextualsAbstract" xlink:to="bac_MergerAndRestructuringActivityTextualsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MergerAndRestructuringActivityTextualsAbstract_lbl" xml:lang="en-US"> Merger and Restructuring Activity (Textuals) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_MergerAndRestructuringActivityTextualsAbstract_lbl" xml:lang="en-US"> Merger and Restructuring Activity (Textuals) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MergerAndRestructuringActivityTextualsAbstract_lbl" xml:lang="en-US"> Merger and Restructuring Activity Textuals . </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_RestructuringReserve" xlink:label="us-gaap_RestructuringReserve"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RestructuringReserve" xlink:to="lab_RestructuringReserve"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_RestructuringReserve" xml:lang="en-US"> Restructuring Reserve </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ExitCostReserve" xlink:label="bac_ExitCostReserve"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ExitCostReserve" xlink:to="bac_ExitCostReserve_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ExitCostReserve_lbl" xml:lang="en-US"> Exit Cost Reserve </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="bac_ExitCostReserve_lbl" xml:lang="en-US"> Exit Cost Reserve, Ending Balance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="bac_ExitCostReserve_lbl" xml:lang="en-US"> Exit Cost Reserve, Beginning Balance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ExitCostReserve_lbl" xml:lang="en-US"> Exit Cost Reserve </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ExitCostReserve_lbl" xml:lang="en-US"> Balance of merger related exit cost reserves that were established in purchase accounting resulting in an increase in goodwill. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_RestructuringReserveRollForward" xlink:label="us-gaap_RestructuringReserveRollForward"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RestructuringReserveRollForward" xlink:to="lab_RestructuringReserveRollForward"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_RestructuringReserveRollForward" xml:lang="en-US"> Restructuring Reserve </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_RestructuringReserveRollForward" xml:lang="en-US"> Restructuring Reserve [Roll Forward] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ExitCostReserveAbstract" xlink:label="bac_ExitCostReserveAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ExitCostReserveAbstract" xlink:to="bac_ExitCostReserveAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ExitCostReserveAbstract_lbl" xml:lang="en-US"> Exit Cost Reserve Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ExitCostReserveAbstract_lbl" xml:lang="en-US"> Exit Cost Reserve </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ExitCostReserveAbstract_lbl" xml:lang="en-US"> Exit Cost Reserve Abstract. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TradeNameConsistsInIntangiblesAssets" xlink:label="bac_TradeNameConsistsInIntangiblesAssets"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TradeNameConsistsInIntangiblesAssets" xlink:to="bac_TradeNameConsistsInIntangiblesAssets_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TradeNameConsistsInIntangiblesAssets_lbl" xml:lang="en-US"> Trade Name Consists In Intangibles Assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TradeNameConsistsInIntangiblesAssets_lbl" xml:lang="en-US"> Trade name is an intangible asset for the Merrill Lynch brand name that was recognized pursuant to Bank of America's acquisition of Merrill Lynch. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_TradeNameConsistsInIntangiblesAssets_lbl" xml:lang="en-US"> Trade Name Consists In Intangibles Assets </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CustomerRelationshipAndCoreDepositIntangiblesAssets" xlink:label="bac_CustomerRelationshipAndCoreDepositIntangiblesAssets"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CustomerRelationshipAndCoreDepositIntangiblesAssets" xlink:to="bac_CustomerRelationshipAndCoreDepositIntangiblesAssets_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CustomerRelationshipAndCoreDepositIntangiblesAssets_lbl" xml:lang="en-US"> Customer relationship and core deposit intangibles assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CustomerRelationshipAndCoreDepositIntangiblesAssets_lbl" xml:lang="en-US"> Customer relationship and core deposit intangibles are intangible assets associated with long-term customer relationships and the value of low-cost stable deposits that were recognized at acquisition of Merrill Lynch. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CustomerRelationshipAndCoreDepositIntangiblesAssets_lbl" xml:lang="en-US"> Customer relationship and core deposit intangibles assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_RestructuringReserve" xml:lang="en-US"> Restructuring Reserve </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_RestructuringReserve" xml:lang="en-US"> Restructuring Reserve, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="lab_RestructuringReserve" xml:lang="en-US"> Restructuring Reserve, Beginning Balance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="lab_RestructuringReserve" xml:lang="en-US"> Restructuring Reserve, Ending Balance </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AddedToRestructuringReservesRelatedToSeveranceAndOtherEmployeeRelatedCosts" xlink:label="bac_AddedToRestructuringReservesRelatedToSeveranceAndOtherEmployeeRelatedCosts"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AddedToRestructuringReservesRelatedToSeveranceAndOtherEmployeeRelatedCosts" xlink:to="bac_AddedToRestructuringReservesRelatedToSeveranceAndOtherEmployeeRelatedCosts_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AddedToRestructuringReservesRelatedToSeveranceAndOtherEmployeeRelatedCosts_lbl" xml:lang="en-US"> Added to the restructuring reserves related to severance and other employee related costs </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AddedToRestructuringReservesRelatedToSeveranceAndOtherEmployeeRelatedCosts_lbl" xml:lang="en-US"> Added to the restructuring reserves related to severance and other employee-related costs primarily associated with the Merrill Lynch acquisition </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AddedToRestructuringReservesRelatedToSeveranceAndOtherEmployeeRelatedCosts_lbl" xml:lang="en-US"> Adjustment to merger-related restructuring reserves specifically for severance and other employee related costs. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_PaymentsForMergerRelatedCosts" xlink:label="us-gaap_PaymentsForMergerRelatedCosts"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsForMergerRelatedCosts" xlink:to="lab_PaymentsForMergerRelatedCosts"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_PaymentsForMergerRelatedCosts" xml:lang="en-US"> Payments for Merger Related Costs </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CashPaymentsRelatedToSeveranceAndOtherEmployeeRelatedCosts" xlink:label="bac_CashPaymentsRelatedToSeveranceAndOtherEmployeeRelatedCosts"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CashPaymentsRelatedToSeveranceAndOtherEmployeeRelatedCosts" xlink:to="bac_CashPaymentsRelatedToSeveranceAndOtherEmployeeRelatedCosts_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CashPaymentsRelatedToSeveranceAndOtherEmployeeRelatedCosts_lbl" xml:lang="en-US"> Cash payments related to severance and other employee-related costs </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CashPaymentsRelatedToSeveranceAndOtherEmployeeRelatedCosts_lbl" xml:lang="en-US"> Cash payments related to restructuring reserves previously established for severance and other employee related costs. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CashPaymentsRelatedToSeveranceAndOtherEmployeeRelatedCosts_lbl" xml:lang="en-US"> Cash payments related to severance and other employee-related costs </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ComprehensiveIncomeMember" xlink:label="us-gaap_ComprehensiveIncomeMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ComprehensiveIncomeMember" xlink:to="lab_ComprehensiveIncomeMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ComprehensiveIncomeMember" xml:lang="en-US"> Comprehensive Income (Loss) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ComprehensiveIncomeMember" xml:lang="en-US"> Comprehensive Income (Loss) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_Communication" xml:lang="en-US"> Telecommunications </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_OtherNoninterestExpense" xml:lang="en-US"> Other general operating </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/non-gaap/dei-2009-01-31.xsd#dei_EntityRegistrantName" xlink:label="dei_EntityRegistrantName"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityRegistrantName" xlink:to="lab_EntityRegistrantName"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_EntityRegistrantName" xml:lang="en-US"> Entity Registrant Name </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/non-gaap/dei-2009-01-31.xsd#dei_EntityCentralIndexKey" xlink:label="dei_EntityCentralIndexKey"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCentralIndexKey" xlink:to="lab_EntityCentralIndexKey"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_EntityCentralIndexKey" xml:lang="en-US"> Entity Central Index Key </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/non-gaap/dei-2009-01-31.xsd#dei_DocumentType" xlink:label="dei_DocumentType"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentType" xlink:to="lab_DocumentType"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DocumentType" xml:lang="en-US"> Document Type </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/non-gaap/dei-2009-01-31.xsd#dei_DocumentPeriodEndDate" xlink:label="dei_DocumentPeriodEndDate"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentPeriodEndDate" xlink:to="lab_DocumentPeriodEndDate"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DocumentPeriodEndDate" xml:lang="en-US"> Document Period End Date </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/non-gaap/dei-2009-01-31.xsd#dei_AmendmentFlag" xlink:label="dei_AmendmentFlag"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AmendmentFlag" xlink:to="lab_AmendmentFlag"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_AmendmentFlag" xml:lang="en-US"> Amendment Flag </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/non-gaap/dei-2009-01-31.xsd#dei_CurrentFiscalYearEndDate" xlink:label="dei_CurrentFiscalYearEndDate"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CurrentFiscalYearEndDate" xlink:to="lab_CurrentFiscalYearEndDate"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CurrentFiscalYearEndDate" xml:lang="en-US"> Current Fiscal Year End Date </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/non-gaap/dei-2009-01-31.xsd#dei_EntityWellKnownSeasonedIssuer" xlink:label="dei_EntityWellKnownSeasonedIssuer"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityWellKnownSeasonedIssuer" xlink:to="lab_EntityWellKnownSeasonedIssuer"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_EntityWellKnownSeasonedIssuer" xml:lang="en-US"> Entity Well-known Seasoned Issuer </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/non-gaap/dei-2009-01-31.xsd#dei_EntityVoluntaryFilers" xlink:label="dei_EntityVoluntaryFilers"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityVoluntaryFilers" xlink:to="lab_EntityVoluntaryFilers"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_EntityVoluntaryFilers" xml:lang="en-US"> Entity Voluntary Filers </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/non-gaap/dei-2009-01-31.xsd#dei_EntityCurrentReportingStatus" xlink:label="dei_EntityCurrentReportingStatus"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCurrentReportingStatus" xlink:to="lab_EntityCurrentReportingStatus"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_EntityCurrentReportingStatus" xml:lang="en-US"> Entity Current Reporting Status </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/non-gaap/dei-2009-01-31.xsd#dei_EntityFilerCategory" xlink:label="dei_EntityFilerCategory"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityFilerCategory" xlink:to="lab_EntityFilerCategory"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_EntityFilerCategory" xml:lang="en-US"> Entity Filer Category </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/non-gaap/dei-2009-01-31.xsd#dei_EntityPublicFloat" xlink:label="dei_EntityPublicFloat"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityPublicFloat" xlink:to="lab_EntityPublicFloat"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_EntityPublicFloat" xml:lang="en-US"> Entity Public Float </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/non-gaap/dei-2009-01-31.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="dei_EntityCommonStockSharesOutstanding"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCommonStockSharesOutstanding" xlink:to="lab_EntityCommonStockSharesOutstanding"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_EntityCommonStockSharesOutstanding" xml:lang="en-US"> Entity Common Stock, Shares Outstanding </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PreferredStockSubsidiary" xlink:label="bac_PreferredStockSubsidiary"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PreferredStockSubsidiary" xlink:to="bac_PreferredStockSubsidiary_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PreferredStockSubsidiary_lbl" xml:lang="en-US"> Preferred Stock Subsidiary </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PreferredStockSubsidiary_lbl" xml:lang="en-US"> Merrill Lynch preferred stock </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PreferredStockSubsidiary_lbl" xml:lang="en-US"> Value of preferred stock of subsidiary acquired at acquisition date. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueOfOutstandingEmployeeStockAwards" xlink:label="bac_FairValueOfOutstandingEmployeeStockAwards"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueOfOutstandingEmployeeStockAwards" xlink:to="bac_FairValueOfOutstandingEmployeeStockAwards_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueOfOutstandingEmployeeStockAwards_lbl" xml:lang="en-US"> Fair value of outstanding employee stock awards </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_FairValueOfOutstandingEmployeeStockAwards_lbl" xml:lang="en-US"> Fair value of outstanding employee stock awards </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FairValueOfOutstandingEmployeeStockAwards_lbl" xml:lang="en-US"> Fair value of outstanding employee stock awards </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueOfOutstandingEmployeeStockAwards_lbl" xml:lang="en-US"> Fair value of outstanding employee stock awards purchased at acquisition date. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MergerAndRestructuringChargesAbstract" xlink:label="bac_MergerAndRestructuringChargesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MergerAndRestructuringChargesAbstract" xlink:to="bac_MergerAndRestructuringChargesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MergerAndRestructuringChargesAbstract_lbl" xml:lang="en-US"> Merger And Restructuring Charges Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_MergerAndRestructuringChargesAbstract_lbl" xml:lang="en-US"> Merger and Restructuring Charges </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MergerAndRestructuringChargesAbstract_lbl" xml:lang="en-US"> Merger And Restructuring Charges Abstract. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ExitCostReservePeriodExpense" xlink:label="bac_ExitCostReservePeriodExpense"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ExitCostReservePeriodExpense" xlink:to="bac_ExitCostReservePeriodExpense_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ExitCostReservePeriodExpense_lbl" xml:lang="en-US"> Exit Cost Reserve Period Expense </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ExitCostReservePeriodExpense_lbl" xml:lang="en-US"> Merger related exit cost reserves for the period that were established in purchase accounting resulting in an increase in goodwill. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ExitCostReservePeriodExpense_lbl" xml:lang="en-US"> Exit Cost Reserve Period Expense </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_BusinessCombinationDisclosureTextBlock" xml:lang="en-US"> Merger and Restructuring Activity </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_NetCashProvidedByUsedInOperatingActivitiesAbstract" xml:lang="en-US"> Operating activities </label>
<label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negatedTotal" xlink:label="lab_PaymentsForProceedsFromOtherInvestingActivities" xml:lang="en-US"> Other investing activities, net </label>
<label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="lab_PaymentsForProceedsFromProductiveAssets" xml:lang="en-US"> Net purchases of premises and equipment </label>
<label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="lab_PaymentsForProceedsFromOtherLoansAndLeases" xml:lang="en-US"> Other changes in loans and leases, net </label>
<label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="lab_PaymentsToAcquireAvailableForSaleSecuritiesDebt" xml:lang="en-US"> Purchases of available-for-sale debt securities </label>
<label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="lab_PaymentsOfDividends" xml:lang="en-US"> Cash dividends paid </label>
<label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="lab_RepaymentsOfLongTermDebt" xml:lang="en-US"> Retirement of long-term debt </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SummaryOfSignificantAccountingPrinciplesTextualsAbstract" xlink:label="bac_SummaryOfSignificantAccountingPrinciplesTextualsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SummaryOfSignificantAccountingPrinciplesTextualsAbstract" xlink:to="bac_SummaryOfSignificantAccountingPrinciplesTextualsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SummaryOfSignificantAccountingPrinciplesTextualsAbstract_lbl" xml:lang="en-US"> Summary Of Significant Accounting Principles (Textuals) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_SummaryOfSignificantAccountingPrinciplesTextualsAbstract_lbl" xml:lang="en-US"> Summary Of Significant Accounting Principles (Textuals) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SummaryOfSignificantAccountingPrinciplesTextualsAbstract_lbl" xml:lang="en-US"> Summary Of Significant Accounting Principles (Textuals) [Abstract]. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TradingAccountAssetsAndLiabilitiesAbstract" xlink:label="bac_TradingAccountAssetsAndLiabilitiesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TradingAccountAssetsAndLiabilitiesAbstract" xlink:to="bac_TradingAccountAssetsAndLiabilitiesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TradingAccountAssetsAndLiabilitiesAbstract_lbl" xml:lang="en-US"> Trading Account Assets and Liabilities [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TradingAccountAssetsAndLiabilitiesAbstract_lbl" xml:lang="en-US"> Trading Account Assets and Liabilities Abstract. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_TradingAccountAssetsAndLiabilitiesAbstract_lbl" xml:lang="en-US"> Trading Account Assets and Liabilities [Abstract] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_TradingSecuritiesAndCertainTradingAssetsTextBlock" xlink:label="us-gaap_TradingSecuritiesAndCertainTradingAssetsTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TradingSecuritiesAndCertainTradingAssetsTextBlock" xlink:to="lab_TradingSecuritiesAndCertainTradingAssetsTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_TradingSecuritiesAndCertainTradingAssetsTextBlock" xml:lang="en-US"> Trading Account Assets and Liabilities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_TradingSecuritiesAndCertainTradingAssetsTextBlock" xml:lang="en-US"> Trading Securities (and Certain Trading Assets) [Text Block] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DerivativeInstrumentsAndHedgesAbstract" xlink:label="us-gaap_DerivativeInstrumentsAndHedgesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeInstrumentsAndHedgesAbstract" xlink:to="lab_DerivativeInstrumentsAndHedgesAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DerivativeInstrumentsAndHedgesAbstract" xml:lang="en-US"> Derivatives (Details) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DerivativeInstrumentsAndHedgesAbstract" xml:lang="en-US"> Derivatives [Abstract] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock" xlink:label="us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock" xlink:to="lab_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock" xml:lang="en-US"> Derivatives </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock" xml:lang="en-US"> Derivative Instruments and Hedging Activities Disclosure [Text Block] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DebtSecurities" xlink:label="bac_DebtSecurities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DebtSecurities" xlink:to="bac_DebtSecurities_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DebtSecurities_lbl" xml:lang="en-US"> Debt Securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_DebtSecurities_lbl" xml:lang="en-US"> Total debt securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DebtSecurities_lbl" xml:lang="en-US"> This represents debt financial instruments including: (1) securities available-for-sale, and (2) securities held-to-maturity. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SecuritiesAbstract" xlink:label="bac_SecuritiesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SecuritiesAbstract" xlink:to="bac_SecuritiesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SecuritiesAbstract_lbl" xml:lang="en-US"> Securities [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SecuritiesAbstract_lbl" xml:lang="en-US"> Securities Abstract. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_SecuritiesAbstract_lbl" xml:lang="en-US"> Securities [Abstract] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock" xlink:label="us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock" xlink:to="lab_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock" xml:lang="en-US"> Securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock" xml:lang="en-US"> Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_OutstandingLoansAndLeasesAbstract" xlink:label="bac_OutstandingLoansAndLeasesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_OutstandingLoansAndLeasesAbstract" xlink:to="bac_OutstandingLoansAndLeasesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_OutstandingLoansAndLeasesAbstract_lbl" xml:lang="en-US"> Outstanding Loans and Leases [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_OutstandingLoansAndLeasesAbstract_lbl" xml:lang="en-US"> Outstanding Loans and Leases </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_OutstandingLoansAndLeasesAbstract_lbl" xml:lang="en-US"> Outstanding Loans and Leases Abstract. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LoansHeldForInvestmentTextBlock" xlink:label="bac_LoansHeldForInvestmentTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LoansHeldForInvestmentTextBlock" xlink:to="bac_LoansHeldForInvestmentTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LoansHeldForInvestmentTextBlock_lbl" xml:lang="en-US"> Loans Held For Investment Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_LoansHeldForInvestmentTextBlock_lbl" xml:lang="en-US"> Outstanding Loans and Leases </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LoansHeldForInvestmentTextBlock_lbl" xml:lang="en-US"> Reflects the aggregate gross carrying amount of all categories of loans and leases held in portfolio, after deducting deferred income, but before deducting the allowance for losses on loans and leases. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AllowanceForCreditLossesAbstract" xlink:label="bac_AllowanceForCreditLossesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AllowanceForCreditLossesAbstract" xlink:to="bac_AllowanceForCreditLossesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AllowanceForCreditLossesAbstract_lbl" xml:lang="en-US"> Allowance for Credit Losses [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AllowanceForCreditLossesAbstract_lbl" xml:lang="en-US"> Allowance for Credit Losses [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AllowanceForCreditLossesAbstract_lbl" xml:lang="en-US"> Allowance for Credit Losses Abstract. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AllowanceForLoanAndLeaseLossesDisclosureTextBlock" xlink:label="bac_AllowanceForLoanAndLeaseLossesDisclosureTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AllowanceForLoanAndLeaseLossesDisclosureTextBlock" xlink:to="bac_AllowanceForLoanAndLeaseLossesDisclosureTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AllowanceForLoanAndLeaseLossesDisclosureTextBlock_lbl" xml:lang="en-US"> Allowance For Loan And Lease Losses Disclosure [Text Block] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AllowanceForLoanAndLeaseLossesDisclosureTextBlock_lbl" xml:lang="en-US"> Allowance for Credit Losses </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AllowanceForLoanAndLeaseLossesDisclosureTextBlock_lbl" xml:lang="en-US"> The allowance for loan and lease 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 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. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_GoodwillAndIntangibleAssetsAbstract" xlink:label="bac_GoodwillAndIntangibleAssetsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_GoodwillAndIntangibleAssetsAbstract" xlink:to="bac_GoodwillAndIntangibleAssetsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_GoodwillAndIntangibleAssetsAbstract_lbl" xml:lang="en-US"> Goodwill and Intangible Assets [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_GoodwillAndIntangibleAssetsAbstract_lbl" xml:lang="en-US"> Goodwill and Intangible Assets [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_GoodwillAndIntangibleAssetsAbstract_lbl" xml:lang="en-US"> Goodwill and Intangible Assets Abstract. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock" xlink:label="us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock" xlink:to="lab_GoodwillAndIntangibleAssetsDisclosureTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_GoodwillAndIntangibleAssetsDisclosureTextBlock" xml:lang="en-US"> Goodwill and Intangible Assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_GoodwillAndIntangibleAssetsDisclosureTextBlock" xml:lang="en-US"> Goodwill and Intangible Assets Disclosure [Text Block] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_LongTermDebtAbstract" xlink:label="us-gaap_LongTermDebtAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermDebtAbstract" xlink:to="lab_LongTermDebtAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_LongTermDebtAbstract" xml:lang="en-US"> Long-term Debt [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_LongTermDebtAbstract" xml:lang="en-US"> Balance of long-term debt </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_LongTermDebtAbstract" xml:lang="en-US"> Summary of corporation's long-term debt </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_LongTermDebtTextBlock" xlink:label="us-gaap_LongTermDebtTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermDebtTextBlock" xlink:to="lab_LongTermDebtTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_LongTermDebtTextBlock" xml:lang="en-US"> Long-term Debt [Text Block] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_LongTermDebtTextBlock" xml:lang="en-US"> Long-term Debt </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_LongTermDebtTextBlock" xml:lang="en-US"> Summary of corporation's long-term debt </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CommitmentsAndContingenciesAbstract" xlink:label="bac_CommitmentsAndContingenciesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CommitmentsAndContingenciesAbstract" xlink:to="bac_CommitmentsAndContingenciesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CommitmentsAndContingenciesAbstract_lbl" xml:lang="en-US"> Commitments and Contingencies [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CommitmentsAndContingenciesAbstract_lbl" xml:lang="en-US"> Commitments and Contingencies [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CommitmentsAndContingenciesAbstract_lbl" xml:lang="en-US"> Commitments and Contingencies [Abstract]. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CommitmentsAndContingenciesDisclosureTextBlock" xlink:label="us-gaap_CommitmentsAndContingenciesDisclosureTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommitmentsAndContingenciesDisclosureTextBlock" xlink:to="lab_CommitmentsAndContingenciesDisclosureTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_CommitmentsAndContingenciesDisclosureTextBlock" xml:lang="en-US"> Commitments and Contingencies </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CommitmentsAndContingenciesDisclosureTextBlock" xml:lang="en-US"> Commitments and Contingencies Disclosure [Text Block] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock" xlink:label="us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock" xlink:to="lab_PensionAndOtherPostretirementBenefitsDisclosureTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_PensionAndOtherPostretirementBenefitsDisclosureTextBlock" xml:lang="en-US"> Pension and Other Postretirement Benefits Disclosure [Text Block] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_PensionAndOtherPostretirementBenefitsDisclosureTextBlock" xml:lang="en-US"> Employee Benefit Plans </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueMeasurementsAbstract" xlink:label="bac_FairValueMeasurementsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueMeasurementsAbstract" xlink:to="bac_FairValueMeasurementsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueMeasurementsAbstract_lbl" xml:lang="en-US"> Fair Value Measurements [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FairValueMeasurementsAbstract_lbl" xml:lang="en-US"> Fair Value Measurements [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueMeasurementsAbstract_lbl" xml:lang="en-US"> Fair Value Measurements [Abstract]. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueMeasurementInputsDisclosureTextBlock" xlink:label="us-gaap_FairValueMeasurementInputsDisclosureTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueMeasurementInputsDisclosureTextBlock" xlink:to="lab_FairValueMeasurementInputsDisclosureTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_FairValueMeasurementInputsDisclosureTextBlock" xml:lang="en-US"> Fair Value Measurements </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueMeasurementInputsDisclosureTextBlock" xml:lang="en-US"> Fair Value, Measurement Inputs, Disclosure [Text Block] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueOfFinancialInstrumentsAbstract" xlink:label="bac_FairValueOfFinancialInstrumentsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueOfFinancialInstrumentsAbstract" xlink:to="bac_FairValueOfFinancialInstrumentsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueOfFinancialInstrumentsAbstract_lbl" xml:lang="en-US"> Fair Value of Financial Instruments [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FairValueOfFinancialInstrumentsAbstract_lbl" xml:lang="en-US"> Fair Value of Financial Instruments [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueOfFinancialInstrumentsAbstract_lbl" xml:lang="en-US"> Fair Value of Financial Instruments [Abstract]. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DisclosureOfServicingAssetsAtFairValueAbstract" xlink:label="us-gaap_DisclosureOfServicingAssetsAtFairValueAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DisclosureOfServicingAssetsAtFairValueAbstract" xlink:to="lab_DisclosureOfServicingAssetsAtFairValueAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DisclosureOfServicingAssetsAtFairValueAbstract" xml:lang="en-US"> Mortgage Servicing Rights [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DisclosureOfServicingAssetsAtFairValueAbstract" xml:lang="en-US"> Mortgage Servicing Rights [Abstract] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ScheduleOfServicingAssetsAtFairValueTextBlock" xlink:label="us-gaap_ScheduleOfServicingAssetsAtFairValueTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfServicingAssetsAtFairValueTextBlock" xlink:to="lab_ScheduleOfServicingAssetsAtFairValueTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ScheduleOfServicingAssetsAtFairValueTextBlock" xml:lang="en-US"> Mortgage Servicing Rights </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ScheduleOfServicingAssetsAtFairValueTextBlock" xml:lang="en-US"> Schedule of Servicing Assets at Fair Value [Text Block] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_BusinessSegmentInformationAbstract" xlink:label="bac_BusinessSegmentInformationAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_BusinessSegmentInformationAbstract" xlink:to="bac_BusinessSegmentInformationAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_BusinessSegmentInformationAbstract_lbl" xml:lang="en-US"> Business Segment Information [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_BusinessSegmentInformationAbstract_lbl" xml:lang="en-US"> Business Segment Information [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_BusinessSegmentInformationAbstract_lbl" xml:lang="en-US"> Business Segment Information [Abstract]. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_SegmentReportingDisclosureTextBlock" xlink:label="us-gaap_SegmentReportingDisclosureTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SegmentReportingDisclosureTextBlock" xlink:to="lab_SegmentReportingDisclosureTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_SegmentReportingDisclosureTextBlock" xml:lang="en-US"> Business Segment Information </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_SegmentReportingDisclosureTextBlock" xml:lang="en-US"> Segment Reporting Disclosure [Text Block] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_RestructuringReservePeriodExpense" xlink:label="us-gaap_RestructuringReservePeriodExpense"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RestructuringReservePeriodExpense" xlink:to="lab_RestructuringReservePeriodExpense"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_RestructuringReservePeriodExpense" xml:lang="en-US"> Restructuring Reserve, Period Expense </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsUsefulLife" xlink:label="us-gaap_FiniteLivedIntangibleAssetsUsefulLife"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FiniteLivedIntangibleAssetsUsefulLife" xlink:to="lab_FiniteLivedIntangibleAssetsUsefulLife"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FiniteLivedIntangibleAssetsUsefulLife" xml:lang="en-US"> Finite-Lived Intangible Assets, Useful Life </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_FiniteLivedIntangibleAssetsUsefulLife" xml:lang="en-US"> Amortization life for the customer relationship and core deposit intangibles </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_OtherSalesAndTradingRevenueRiskMember" xlink:label="bac_OtherSalesAndTradingRevenueRiskMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_OtherSalesAndTradingRevenueRiskMember" xlink:to="bac_OtherSalesAndTradingRevenueRiskMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_OtherSalesAndTradingRevenueRiskMember_lbl" xml:lang="en-US"> Other Sales and Trading Revenue Risk Member </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_OtherSalesAndTradingRevenueRiskMember_lbl" xml:lang="en-US"> Other Sales and Trading Revenue Risk [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_OtherSalesAndTradingRevenueRiskMember_lbl" xml:lang="en-US"> Other Sales And Trading Revenue Risk Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_EquityRiskMember" xlink:label="bac_EquityRiskMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_EquityRiskMember" xlink:to="bac_EquityRiskMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_EquityRiskMember_lbl" xml:lang="en-US"> Equity Risk [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_EquityRiskMember_lbl" xml:lang="en-US"> Equity Risk Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TotalReturnSwapsOtherMember" xlink:label="bac_TotalReturnSwapsOtherMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TotalReturnSwapsOtherMember" xlink:to="bac_TotalReturnSwapsOtherMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TotalReturnSwapsOtherMember_lbl" xml:lang="en-US"> Total Return Swaps Other [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TotalReturnSwapsOtherMember_lbl" xml:lang="en-US"> Total return swaps other [Member]. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SalesAndTradingRevenueMember" xlink:label="bac_SalesAndTradingRevenueMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SalesAndTradingRevenueMember" xlink:to="bac_SalesAndTradingRevenueMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SalesAndTradingRevenueMember_lbl" xml:lang="en-US"> Total Sales and Trading Revenue [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SalesAndTradingRevenueMember_lbl" xml:lang="en-US"> Sales And Trading Revenue Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ForeignExchangeRiskMember" xlink:label="bac_ForeignExchangeRiskMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ForeignExchangeRiskMember" xlink:to="bac_ForeignExchangeRiskMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ForeignExchangeRiskMember_lbl" xml:lang="en-US"> Foreign Exchange Risk [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ForeignExchangeRiskMember_lbl" xml:lang="en-US"> Foreign Exchange Risk Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PriceRiskOnEquityInvestmentsIncludedInAvailableforsaleSecuritiesMember" xlink:label="bac_PriceRiskOnEquityInvestmentsIncludedInAvailableforsaleSecuritiesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PriceRiskOnEquityInvestmentsIncludedInAvailableforsaleSecuritiesMember" xlink:to="bac_PriceRiskOnEquityInvestmentsIncludedInAvailableforsaleSecuritiesMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PriceRiskOnEquityInvestmentsIncludedInAvailableforsaleSecuritiesMember_lbl" xml:lang="en-US"> Price Risk on Equity Investments Included in Available for sale Securities [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PriceRiskOnEquityInvestmentsIncludedInAvailableforsaleSecuritiesMember_lbl" xml:lang="en-US"> Price Risk On Equity Investments Included In Availableforsale Securities Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_InterestRateRiskOnVariableRatePortfoliosMember" xlink:label="bac_InterestRateRiskOnVariableRatePortfoliosMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_InterestRateRiskOnVariableRatePortfoliosMember" xlink:to="bac_InterestRateRiskOnVariableRatePortfoliosMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_InterestRateRiskOnVariableRatePortfoliosMember_lbl" xml:lang="en-US"> Interest Rate Risk on Variable Rate Portfolios [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_InterestRateRiskOnVariableRatePortfoliosMember_lbl" xml:lang="en-US"> Interest Rate Risk On Variable Rate Portfolios Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CommodityPriceRiskOnCommodityInventoryMember" xlink:label="bac_CommodityPriceRiskOnCommodityInventoryMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CommodityPriceRiskOnCommodityInventoryMember" xlink:to="bac_CommodityPriceRiskOnCommodityInventoryMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CommodityPriceRiskOnCommodityInventoryMember_lbl" xml:lang="en-US"> Commodity Price Risk on Commodity Inventory [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CommodityPriceRiskOnCommodityInventoryMember_lbl" xml:lang="en-US"> Commodity Price Risk On Commodity Inventory Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_InterestRateRiskOnAvailableForSaleSecuritiesMember" xlink:label="bac_InterestRateRiskOnAvailableForSaleSecuritiesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_InterestRateRiskOnAvailableForSaleSecuritiesMember" xlink:to="bac_InterestRateRiskOnAvailableForSaleSecuritiesMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_InterestRateRiskOnAvailableForSaleSecuritiesMember_lbl" xml:lang="en-US"> Interest Rate Risk on Available For Sale Securities [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_InterestRateRiskOnAvailableForSaleSecuritiesMember_lbl" xml:lang="en-US"> Interest Rate Risk On Available For Sale Securities Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FuturesAndForwardsMember" xlink:label="bac_FuturesAndForwardsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FuturesAndForwardsMember" xlink:to="bac_FuturesAndForwardsMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FuturesAndForwardsMember_lbl" xml:lang="en-US"> Futures and Forwards [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FuturesAndForwardsMember_lbl" xml:lang="en-US"> Futures And Forwards Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DerivativesBalancesAbstract" xlink:label="bac_DerivativesBalancesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DerivativesBalancesAbstract" xlink:to="bac_DerivativesBalancesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DerivativesBalancesAbstract_lbl" xml:lang="en-US"> Derivatives Balances [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DerivativesBalancesAbstract_lbl" xml:lang="en-US"> Derivatives Balances Abstract. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DerivativeAssetsAbstract" xlink:label="us-gaap_DerivativeAssetsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeAssetsAbstract" xlink:to="lab_DerivativeAssetsAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DerivativeAssetsAbstract" xml:lang="en-US"> Gross Derivative Assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DerivativeAssetsAbstract" xml:lang="en-US"> Derivative Assets [Abstract] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DerivativeAssetsLegallyEnforceableMasterNettingAgreements" xlink:label="bac_DerivativeAssetsLegallyEnforceableMasterNettingAgreements"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DerivativeAssetsLegallyEnforceableMasterNettingAgreements" xlink:to="bac_DerivativeAssetsLegallyEnforceableMasterNettingAgreements_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DerivativeAssetsLegallyEnforceableMasterNettingAgreements_lbl" xml:lang="en-US"> Derivative Assets Legally Enforceable Master Netting Agreements </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_DerivativeAssetsLegallyEnforceableMasterNettingAgreements_lbl" xml:lang="en-US"> Less: Legally enforceable master netting agreements </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DerivativeAssetsLegallyEnforceableMasterNettingAgreements_lbl" 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 occurence of certain events. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DerivativeAssetsCashCollateralApplied" xlink:label="bac_DerivativeAssetsCashCollateralApplied"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DerivativeAssetsCashCollateralApplied" xlink:to="bac_DerivativeAssetsCashCollateralApplied_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DerivativeAssetsCashCollateralApplied_lbl" xml:lang="en-US"> Derivative Assets Cash Collateral Applied </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_DerivativeAssetsCashCollateralApplied_lbl" xml:lang="en-US"> Less: Cash collateral applied </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DerivativeAssetsCashCollateralApplied_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_NotionalAmountOfDerivatives" xlink:label="us-gaap_NotionalAmountOfDerivatives"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NotionalAmountOfDerivatives" xlink:to="lab_NotionalAmountOfDerivatives"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_NotionalAmountOfDerivatives" xml:lang="en-US"> Notional Amount of Derivatives </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_NotionalAmountOfDerivatives" xml:lang="en-US"> Notional amount </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_NotionalAmountOfDerivatives" xml:lang="en-US"> Notional Amount of Derivatives, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_NotionalAmountOfDerivatives" xml:lang="en-US"> Contract/Notional </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DerivativeAssetDesignatedAsHedgingInstrumentFairValue" xlink:label="us-gaap_DerivativeAssetDesignatedAsHedgingInstrumentFairValue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeAssetDesignatedAsHedgingInstrumentFairValue" xlink:to="lab_DerivativeAssetDesignatedAsHedgingInstrumentFairValue"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DerivativeAssetDesignatedAsHedgingInstrumentFairValue" xml:lang="en-US"> Qualifying Accounting Hedges </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DerivativeAssetDesignatedAsHedgingInstrumentFairValue" xml:lang="en-US"> Derivative Asset Designated as Hedging Instrument, Fair Value </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DerivativeLiabilitiesCashCollateralApplied" xlink:label="bac_DerivativeLiabilitiesCashCollateralApplied"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DerivativeLiabilitiesCashCollateralApplied" xlink:to="bac_DerivativeLiabilitiesCashCollateralApplied_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DerivativeLiabilitiesCashCollateralApplied_lbl" xml:lang="en-US"> Derivative Liabilities Cash Collateral Applied </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DerivativeLiabilitiesCashCollateralApplied_lbl" 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. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_DerivativeLiabilitiesCashCollateralApplied_lbl" xml:lang="en-US"> Less: Cash collateral applied </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DerivativeLiabilitiesLegallyEnforceableMasterNettingAgreements" xlink:label="bac_DerivativeLiabilitiesLegallyEnforceableMasterNettingAgreements"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DerivativeLiabilitiesLegallyEnforceableMasterNettingAgreements" xlink:to="bac_DerivativeLiabilitiesLegallyEnforceableMasterNettingAgreements_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DerivativeLiabilitiesLegallyEnforceableMasterNettingAgreements_lbl" xml:lang="en-US"> Derivative Liabilities Legally Enforceable Master Netting Agreements </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_DerivativeLiabilitiesLegallyEnforceableMasterNettingAgreements_lbl" xml:lang="en-US"> Less: Legally enforceable master netting agreements </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DerivativeLiabilitiesLegallyEnforceableMasterNettingAgreements_lbl" 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 occurence of certain events. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CreditDerivativesPurchasedProtectionMember" xlink:label="bac_CreditDerivativesPurchasedProtectionMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CreditDerivativesPurchasedProtectionMember" xlink:to="bac_CreditDerivativesPurchasedProtectionMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CreditDerivativesPurchasedProtectionMember_lbl" xml:lang="en-US"> Credit Derivatives Purchased Protection [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CreditDerivativesPurchasedProtectionMember_lbl" xml:lang="en-US"> Credit Derivatives Purchased Protection Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CreditDerivativesWrittenProtectionMember" xlink:label="bac_CreditDerivativesWrittenProtectionMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CreditDerivativesWrittenProtectionMember" xlink:to="bac_CreditDerivativesWrittenProtectionMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CreditDerivativesWrittenProtectionMember_lbl" xml:lang="en-US"> Credit Derivatives Written Protection [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CreditDerivativesWrittenProtectionMember_lbl" xml:lang="en-US"> Credit Derivatives Written Protection Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_WrittenOptionsMember" xlink:label="bac_WrittenOptionsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_WrittenOptionsMember" xlink:to="bac_WrittenOptionsMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_WrittenOptionsMember_lbl" xml:lang="en-US"> Written Options [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_WrittenOptionsMember_lbl" xml:lang="en-US"> Written Options Member. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_OptionMember" xlink:label="us-gaap_OptionMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OptionMember" xlink:to="lab_OptionMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_OptionMember" xml:lang="en-US"> Purchased options [Member] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueDerivativeHedgesAbstract" xlink:label="bac_FairValueDerivativeHedgesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueDerivativeHedgesAbstract" xlink:to="bac_FairValueDerivativeHedgesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueDerivativeHedgesAbstract_lbl" xml:lang="en-US"> Fair Value Derivative Hedges Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FairValueDerivativeHedgesAbstract_lbl" xml:lang="en-US"> Fair Value Derivative Hedges </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueDerivativeHedgesAbstract_lbl" xml:lang="en-US"> Fair Value Derivative Hedges Abstract. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DerivativeInstrumentsGainLossRecognizedInIncomeNet" xlink:label="us-gaap_DerivativeInstrumentsGainLossRecognizedInIncomeNet"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeInstrumentsGainLossRecognizedInIncomeNet" xlink:to="lab_DerivativeInstrumentsGainLossRecognizedInIncomeNet"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_DerivativeInstrumentsGainLossRecognizedInIncomeNet" xml:lang="en-US"> Derivative </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DerivativeInstrumentsGainLossRecognizedInIncomeNet" xml:lang="en-US"> Derivative Instruments, Gain (Loss) Recognized in Income, Net </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DerivativeInstrumentsGainLossRecognizedInIncomeNet" xml:lang="en-US"> Derivative </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ChangeInUnrealizedGainLossOnHedgedItemInFairValueHedge" xlink:label="us-gaap_ChangeInUnrealizedGainLossOnHedgedItemInFairValueHedge"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ChangeInUnrealizedGainLossOnHedgedItemInFairValueHedge" xlink:to="lab_ChangeInUnrealizedGainLossOnHedgedItemInFairValueHedge"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ChangeInUnrealizedGainLossOnHedgedItemInFairValueHedge" xml:lang="en-US"> Hedged Item </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ChangeInUnrealizedGainLossOnHedgedItemInFairValueHedge" xml:lang="en-US"> Change in Unrealized Gain (Loss) on Hedged Item in Fair Value Hedge </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DerivativeLiabilitiesAbstract" xlink:label="us-gaap_DerivativeLiabilitiesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeLiabilitiesAbstract" xlink:to="lab_DerivativeLiabilitiesAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DerivativeLiabilitiesAbstract" xml:lang="en-US"> Gross Derivative Liabilities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DerivativeLiabilitiesAbstract" xml:lang="en-US"> Derivative Liabilities [Abstract] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DerivativeLiabilityDesignatedAsHedgingInstrumentFairValue" xlink:label="us-gaap_DerivativeLiabilityDesignatedAsHedgingInstrumentFairValue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeLiabilityDesignatedAsHedgingInstrumentFairValue" xlink:to="lab_DerivativeLiabilityDesignatedAsHedgingInstrumentFairValue"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DerivativeLiabilityDesignatedAsHedgingInstrumentFairValue" xml:lang="en-US"> Qualifying Accounting Hedges </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DerivativeLiabilityDesignatedAsHedgingInstrumentFairValue" xml:lang="en-US"> Derivative Liability Designated as Hedging Instrument, Fair Value </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet" xlink:label="us-gaap_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet" xlink:to="lab_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet" xml:lang="en-US"> Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income, Effective Portion, Net </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet" xml:lang="en-US"> Amounts Recognized in OCI on Derivatives </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet" xml:lang="en-US"> Amounts Recognized in Accumulated OCI on Derivatives </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet" xlink:label="us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet" xlink:to="lab_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet" xml:lang="en-US"> Amounts Reclassified from OCI into Income </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet" xml:lang="en-US"> Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet" xml:lang="en-US"> Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet" xlink:label="us-gaap_DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet" xlink:to="lab_DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet" xml:lang="en-US"> Derivative Instruments, Gain (Loss) Recognized in Income, Ineffective Portion and Amount Excluded from Effectiveness Testing, Net </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet" xml:lang="en-US"> Hedge ineffectiveness recognized in net interest income </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet" xml:lang="en-US"> Derivative Instruments, Gain (Loss) Recognized in Income, Ineffective Portion and Amount Excluded from Effectiveness Testing, Net, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet" xml:lang="en-US"> Hedge Ineffectiveness and Amount Excluded from Effectiveness Testing (1,2) </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_EconomicHedgesAbstract" xlink:label="bac_EconomicHedgesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_EconomicHedgesAbstract" xlink:to="bac_EconomicHedgesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_EconomicHedgesAbstract_lbl" xml:lang="en-US"> Economic Hedges Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_EconomicHedgesAbstract_lbl" xml:lang="en-US"> Economic Hedges </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_EconomicHedgesAbstract_lbl" xml:lang="en-US"> Economic Hedges Abstract. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_GainLossOnPriceRiskDerivativesNet" xlink:label="us-gaap_GainLossOnPriceRiskDerivativesNet"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GainLossOnPriceRiskDerivativesNet" xlink:to="lab_GainLossOnPriceRiskDerivativesNet"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_GainLossOnPriceRiskDerivativesNet" xml:lang="en-US"> Price risk on mortgage banking production income </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_GainLossOnPriceRiskDerivativesNet" xml:lang="en-US"> Gain (Loss) on Price Risk Derivatives, Net </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_InterestRateRiskOnMortgageBankingServicingIncome" xlink:label="bac_InterestRateRiskOnMortgageBankingServicingIncome"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_InterestRateRiskOnMortgageBankingServicingIncome" xlink:to="bac_InterestRateRiskOnMortgageBankingServicingIncome_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_InterestRateRiskOnMortgageBankingServicingIncome_lbl" xml:lang="en-US"> Interest rate risk on mortgage banking servicing income </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_InterestRateRiskOnMortgageBankingServicingIncome_lbl" 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. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_InterestRateRiskOnMortgageBankingServicingIncome_lbl" xml:lang="en-US"> Interest rate risk on mortgage banking servicing income </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_OtherGainLossOnEconomicHedges" xlink:label="bac_OtherGainLossOnEconomicHedges"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_OtherGainLossOnEconomicHedges" xlink:to="bac_OtherGainLossOnEconomicHedges_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_OtherGainLossOnEconomicHedges_lbl" xml:lang="en-US"> Other Gain Loss On Economic Hedges </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_OtherGainLossOnEconomicHedges_lbl" xml:lang="en-US"> Other </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_OtherGainLossOnEconomicHedges_lbl" xml:lang="en-US"> Other </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_OtherGainLossOnEconomicHedges_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TotalGainLossOnEconomicHedges" xlink:label="bac_TotalGainLossOnEconomicHedges"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TotalGainLossOnEconomicHedges" xlink:to="bac_TotalGainLossOnEconomicHedges_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TotalGainLossOnEconomicHedges_lbl" xml:lang="en-US"> Total Gain Loss on Economic Hedges </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_TotalGainLossOnEconomicHedges_lbl" xml:lang="en-US"> Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_TotalGainLossOnEconomicHedges_lbl" xml:lang="en-US"> Total Gain Loss on Economic Hedges </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TotalGainLossOnEconomicHedges_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SalesAndTradingRevenueAbstract" xlink:label="bac_SalesAndTradingRevenueAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SalesAndTradingRevenueAbstract" xlink:to="bac_SalesAndTradingRevenueAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SalesAndTradingRevenueAbstract_lbl" xml:lang="en-US"> Sales and Trading Revenue Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_SalesAndTradingRevenueAbstract_lbl" xml:lang="en-US"> Sales and Trading Revenue </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SalesAndTradingRevenueAbstract_lbl" xml:lang="en-US"> Sales and Trading Revenue Abstract. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CreditDerivativesAbstract" xlink:label="bac_CreditDerivativesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CreditDerivativesAbstract" xlink:to="bac_CreditDerivativesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CreditDerivativesAbstract_lbl" xml:lang="en-US"> Credit Derivatives Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CreditDerivativesAbstract_lbl" xml:lang="en-US"> Credit Derivatives </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CreditDerivativesAbstract_lbl" xml:lang="en-US"> Credit Derivatives Abstract. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TradingAccountAssetsAndLiabilitiesDetailsAbstract" xlink:label="bac_TradingAccountAssetsAndLiabilitiesDetailsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TradingAccountAssetsAndLiabilitiesDetailsAbstract" xlink:to="bac_TradingAccountAssetsAndLiabilitiesDetailsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TradingAccountAssetsAndLiabilitiesDetailsAbstract_lbl" xml:lang="en-US"> Trading Account Assets and Liabilities (Details) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_TradingAccountAssetsAndLiabilitiesDetailsAbstract_lbl" xml:lang="en-US"> Trading Account Assets and Liabilities Details [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TradingAccountAssetsAndLiabilitiesDetailsAbstract_lbl" xml:lang="en-US"> Trading Account Assets and Liabilities Details Abstract. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SecuritiesDetailsAbstract" xlink:label="bac_SecuritiesDetailsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SecuritiesDetailsAbstract" xlink:to="bac_SecuritiesDetailsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SecuritiesDetailsAbstract_lbl" xml:lang="en-US"> Securities Details [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SecuritiesDetailsAbstract_lbl" xml:lang="en-US"> Securities. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CorporateBondsMember" xlink:label="bac_CorporateBondsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CorporateBondsMember" xlink:to="bac_CorporateBondsMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CorporateBondsMember_lbl" xml:lang="en-US"> Corporate Bonds [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CorporateBondsMember_lbl" xml:lang="en-US"> Corporate Bonds. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ForeignSecuritiesMember" xlink:label="bac_ForeignSecuritiesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ForeignSecuritiesMember" xlink:to="bac_ForeignSecuritiesMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ForeignSecuritiesMember_lbl" xml:lang="en-US"> Non-U.S. securities [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ForeignSecuritiesMember_lbl" xml:lang="en-US"> Foreign Securities. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_OtherTaxableSecuritiesMember" xlink:label="bac_OtherTaxableSecuritiesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_OtherTaxableSecuritiesMember" xlink:to="bac_OtherTaxableSecuritiesMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_OtherTaxableSecuritiesMember_lbl" xml:lang="en-US"> Other taxable securities [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_OtherTaxableSecuritiesMember_lbl" xml:lang="en-US"> Other Taxable Securities. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SecuritiesTablesAbstract" xlink:label="bac_SecuritiesTablesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SecuritiesTablesAbstract" xlink:to="bac_SecuritiesTablesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SecuritiesTablesAbstract_lbl" xml:lang="en-US"> Securities (Tables) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SecuritiesTablesAbstract_lbl" xml:lang="en-US"> Securities. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CorporationRecordedOtherThanTemporaryImpairmentLossesDebtSecuritiesTextBlock" xlink:label="bac_CorporationRecordedOtherThanTemporaryImpairmentLossesDebtSecuritiesTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CorporationRecordedOtherThanTemporaryImpairmentLossesDebtSecuritiesTextBlock" xlink:to="bac_CorporationRecordedOtherThanTemporaryImpairmentLossesDebtSecuritiesTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CorporationRecordedOtherThanTemporaryImpairmentLossesDebtSecuritiesTextBlock_lbl" xml:lang="en-US"> Corporation recorded other than temporary impairment losses debt securities Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CorporationRecordedOtherThanTemporaryImpairmentLossesDebtSecuritiesTextBlock_lbl" xml:lang="en-US"> Corporation recorded other-than-temporary impairment losses on AFS debt securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CorporationRecordedOtherThanTemporaryImpairmentLossesDebtSecuritiesTextBlock_lbl" xml:lang="en-US"> Corporation recorded other than temporary impairment losses on AFS and HTM debt securities. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PortionOfOtherThanTemporaryImpairmentLossRemainsInOCIAbstract" xlink:label="bac_PortionOfOtherThanTemporaryImpairmentLossRemainsInOCIAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PortionOfOtherThanTemporaryImpairmentLossRemainsInOCIAbstract" xlink:to="bac_PortionOfOtherThanTemporaryImpairmentLossRemainsInOCIAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PortionOfOtherThanTemporaryImpairmentLossRemainsInOCIAbstract_lbl" xml:lang="en-US"> Portion Of Other Than Temporary Impairment Loss Remains In O C I Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PortionOfOtherThanTemporaryImpairmentLossRemainsInOCIAbstract_lbl" xml:lang="en-US"> Credit component recognized in earnings on debt securities for which a portion of the other than temporary impairment loss remains in OCI </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PortionOfOtherThanTemporaryImpairmentLossRemainsInOCIAbstract_lbl" xml:lang="en-US"> Portion of the other than temporary impairment loss remains in OCI. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PortionOfOtherThanTemporaryImpairmentLossRemainsInOCITextBlock" xlink:label="bac_PortionOfOtherThanTemporaryImpairmentLossRemainsInOCITextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PortionOfOtherThanTemporaryImpairmentLossRemainsInOCITextBlock" xlink:to="bac_PortionOfOtherThanTemporaryImpairmentLossRemainsInOCITextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PortionOfOtherThanTemporaryImpairmentLossRemainsInOCITextBlock_lbl" xml:lang="en-US"> Portion Of Other Than Temporary Impairment Loss Remains In O C I Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PortionOfOtherThanTemporaryImpairmentLossRemainsInOCITextBlock_lbl" xml:lang="en-US"> Credit component recognized in earnings on debt securities for which a portion of the other than temporary impairment loss remains in OCI </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PortionOfOtherThanTemporaryImpairmentLossRemainsInOCITextBlock_lbl" xml:lang="en-US"> Portion of the other than temporary impairment loss remains in OCI. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CreditComponentOfOtherThanTemporaryImpairmentNotReclassifiedToOCIInConnectionWithCumulativeEffectTransitionAdjustment" xlink:label="bac_CreditComponentOfOtherThanTemporaryImpairmentNotReclassifiedToOCIInConnectionWithCumulativeEffectTransitionAdjustment"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CreditComponentOfOtherThanTemporaryImpairmentNotReclassifiedToOCIInConnectionWithCumulativeEffectTransitionAdjustment" xlink:to="bac_CreditComponentOfOtherThanTemporaryImpairmentNotReclassifiedToOCIInConnectionWithCumulativeEffectTransitionAdjustment_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CreditComponentOfOtherThanTemporaryImpairmentNotReclassifiedToOCIInConnectionWithCumulativeEffectTransitionAdjustment_lbl" xml:lang="en-US"> Credit Component Of Other Than Temporary Impairment Not Reclassified To O C I In Connection With Cumulative Effect Transition Adjustment </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CreditComponentOfOtherThanTemporaryImpairmentNotReclassifiedToOCIInConnectionWithCumulativeEffectTransitionAdjustment_lbl" xml:lang="en-US"> Credit component of other-than-temporary impairment not reclassified to OCI in connection with the cumulative-effect transition adjustment </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CreditComponentOfOtherThanTemporaryImpairmentNotReclassifiedToOCIInConnectionWithCumulativeEffectTransitionAdjustment_lbl" xml:lang="en-US"> Represents the credit component of other-than-temporary impairment not reclassified to other comprehensive income in connection with the cumulative-effect transition adjustment. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AdditionsForCreditComponentOnDebtSecuritiesOnWhichOtherThanTemporaryImpairmentWasNotPreviouslyRecognized" xlink:label="bac_AdditionsForCreditComponentOnDebtSecuritiesOnWhichOtherThanTemporaryImpairmentWasNotPreviouslyRecognized"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AdditionsForCreditComponentOnDebtSecuritiesOnWhichOtherThanTemporaryImpairmentWasNotPreviouslyRecognized" xlink:to="bac_AdditionsForCreditComponentOnDebtSecuritiesOnWhichOtherThanTemporaryImpairmentWasNotPreviouslyRecognized_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AdditionsForCreditComponentOnDebtSecuritiesOnWhichOtherThanTemporaryImpairmentWasNotPreviouslyRecognized_lbl" xml:lang="en-US"> Additions for the credit component on debt securities on which other-than temporary impairment was not previously recognized </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_AdditionsForCreditComponentOnDebtSecuritiesOnWhichOtherThanTemporaryImpairmentWasNotPreviouslyRecognized_lbl" xml:lang="en-US"> Additions for the credit component on debt securities on which other-than temporary impairment was not previously recognized </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AdditionsForCreditComponentOnDebtSecuritiesOnWhichOtherThanTemporaryImpairmentWasNotPreviouslyRecognized_lbl" xml:lang="en-US"> Additions for the credit component on debt securities on which other-than temporary impairment was not previously recognized </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AdditionsForCreditComponentOnDebtSecuritiesOnWhichOtherThanTemporaryImpairmentWasNotPreviouslyRecognized_lbl" xml:lang="en-US"> Represents additional credit impairment recognized in earnings on debt securities on which other-than-temporary impairment was not previously recognized. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ComponentsOfRealizedGainsAndLossesOnSalesOfDebtSecuritiesAbstract" xlink:label="bac_ComponentsOfRealizedGainsAndLossesOnSalesOfDebtSecuritiesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ComponentsOfRealizedGainsAndLossesOnSalesOfDebtSecuritiesAbstract" xlink:to="bac_ComponentsOfRealizedGainsAndLossesOnSalesOfDebtSecuritiesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ComponentsOfRealizedGainsAndLossesOnSalesOfDebtSecuritiesAbstract_lbl" xml:lang="en-US"> Components of realized gains and losses on sales of debt securities Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ComponentsOfRealizedGainsAndLossesOnSalesOfDebtSecuritiesAbstract_lbl" xml:lang="en-US"> Components of realized gains and losses on sales of debt securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ComponentsOfRealizedGainsAndLossesOnSalesOfDebtSecuritiesAbstract_lbl" xml:lang="en-US"> Components of realized gains and losses on sales of debt securities. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ComponentsOfRealizedGainsAndLossesOnSalesOfDebtSecuritiesTextBlock" xlink:label="bac_ComponentsOfRealizedGainsAndLossesOnSalesOfDebtSecuritiesTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ComponentsOfRealizedGainsAndLossesOnSalesOfDebtSecuritiesTextBlock" xlink:to="bac_ComponentsOfRealizedGainsAndLossesOnSalesOfDebtSecuritiesTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ComponentsOfRealizedGainsAndLossesOnSalesOfDebtSecuritiesTextBlock_lbl" xml:lang="en-US"> Components of realized gains and losses on sales of debt securities Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ComponentsOfRealizedGainsAndLossesOnSalesOfDebtSecuritiesTextBlock_lbl" xml:lang="en-US"> Components of realized gains and losses on sales of debt securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ComponentsOfRealizedGainsAndLossesOnSalesOfDebtSecuritiesTextBlock_lbl" xml:lang="en-US"> Components of realized gains and losses on sales of debt securities. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AmortizedCostAndFairValueOfCorporationsInvestmentAbstract" xlink:label="bac_AmortizedCostAndFairValueOfCorporationsInvestmentAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AmortizedCostAndFairValueOfCorporationsInvestmentAbstract" xlink:to="bac_AmortizedCostAndFairValueOfCorporationsInvestmentAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AmortizedCostAndFairValueOfCorporationsInvestmentAbstract_lbl" xml:lang="en-US"> Amortized cost and fair value of the Corporations investment Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AmortizedCostAndFairValueOfCorporationsInvestmentAbstract_lbl" xml:lang="en-US"> Amortized cost and fair value of the Corporation's investment </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AmortizedCostAndFairValueOfCorporationsInvestmentAbstract_lbl" xml:lang="en-US"> Amortized cost and fair value of the Corporation's investment. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AmortizedCostAndFairValueOfCorporationsInvestmentTextBlock" xlink:label="bac_AmortizedCostAndFairValueOfCorporationsInvestmentTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AmortizedCostAndFairValueOfCorporationsInvestmentTextBlock" xlink:to="bac_AmortizedCostAndFairValueOfCorporationsInvestmentTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AmortizedCostAndFairValueOfCorporationsInvestmentTextBlock_lbl" xml:lang="en-US"> Amortized cost and fair value of Corporation's investment Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AmortizedCostAndFairValueOfCorporationsInvestmentTextBlock_lbl" xml:lang="en-US"> Amortized cost and fair value of the Corporation's investment </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AmortizedCostAndFairValueOfCorporationsInvestmentTextBlock_lbl" xml:lang="en-US"> Amortized cost and fair value of the Corporation's investment. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CashFlowHedgingMember" xlink:label="us-gaap_CashFlowHedgingMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashFlowHedgingMember" xlink:to="lab_CashFlowHedgingMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CashFlowHedgingMember" xml:lang="en-US"> Cash Flow Hedging [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_NetInvestmentHedgingMember" xlink:label="us-gaap_NetInvestmentHedgingMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetInvestmentHedgingMember" xlink:to="lab_NetInvestmentHedgingMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_NetInvestmentHedgingMember" xml:lang="en-US"> Net Investment Hedging [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ExternalCreditRatingInvestmentGradeMember" xlink:label="us-gaap_ExternalCreditRatingInvestmentGradeMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ExternalCreditRatingInvestmentGradeMember" xlink:to="lab_ExternalCreditRatingInvestmentGradeMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ExternalCreditRatingInvestmentGradeMember" xml:lang="en-US"> Investment grade [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ExternalCreditRatingNonInvestmentGradeMember" xlink:label="us-gaap_ExternalCreditRatingNonInvestmentGradeMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ExternalCreditRatingNonInvestmentGradeMember" xlink:to="lab_ExternalCreditRatingNonInvestmentGradeMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ExternalCreditRatingNonInvestmentGradeMember" xml:lang="en-US"> Non-investment grade [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CreditDefaultSwapMember" xlink:label="us-gaap_CreditDefaultSwapMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CreditDefaultSwapMember" xlink:to="lab_CreditDefaultSwapMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CreditDefaultSwapMember" xml:lang="en-US"> Credit Default Swap [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_SwapMember" xlink:label="us-gaap_SwapMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SwapMember" xlink:to="lab_SwapMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_SwapMember" xml:lang="en-US"> Swap [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeAsset" xlink:label="us-gaap_DerivativeFairValueOfDerivativeAsset"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeFairValueOfDerivativeAsset" xlink:to="lab_DerivativeFairValueOfDerivativeAsset"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DerivativeFairValueOfDerivativeAsset" xml:lang="en-US"> Derivative Asset, Fair Value </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeLiability" xlink:label="us-gaap_DerivativeFairValueOfDerivativeLiability"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeFairValueOfDerivativeLiability" xlink:to="lab_DerivativeFairValueOfDerivativeLiability"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DerivativeFairValueOfDerivativeLiability" xml:lang="en-US"> Derivative Liability, Fair Value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_DerivativeFairValueOfDerivativeLiability" xml:lang="en-US"> Derivative liability (fair value) relating to loan purchase commitments </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_DerivativeFairValueOfDerivativeLiability" xml:lang="en-US"> Derivative Liability, Fair Value, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DerivativeFairValueOfDerivativeLiability" xml:lang="en-US"> Gross derivative liabilities </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_InvestmentTypeAxis" xlink:label="us-gaap_InvestmentTypeAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentTypeAxis" xlink:to="lab_InvestmentTypeAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_InvestmentTypeAxis" xml:lang="en-US"> Investment Type [Axis] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_InvestmentTypeDomain" xlink:label="us-gaap_InvestmentTypeDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentTypeDomain" xlink:to="lab_InvestmentTypeDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_InvestmentTypeDomain" xml:lang="en-US"> Investment Type [Domain] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FederalHomeLoanMortgageCorporationCertificatesAndObligationsFHLMCMember" xlink:label="us-gaap_FederalHomeLoanMortgageCorporationCertificatesAndObligationsFHLMCMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FederalHomeLoanMortgageCorporationCertificatesAndObligationsFHLMCMember" xlink:to="lab_FederalHomeLoanMortgageCorporationCertificatesAndObligationsFHLMCMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FederalHomeLoanMortgageCorporationCertificatesAndObligationsFHLMCMember" xml:lang="en-US"> Federal Home Loan Mortgage Corporation [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_GovernmentNationalMortgageAssociationCertificatesAndObligationsGNMAMember" xlink:label="us-gaap_GovernmentNationalMortgageAssociationCertificatesAndObligationsGNMAMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GovernmentNationalMortgageAssociationCertificatesAndObligationsGNMAMember" xlink:to="lab_GovernmentNationalMortgageAssociationCertificatesAndObligationsGNMAMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_GovernmentNationalMortgageAssociationCertificatesAndObligationsGNMAMember" xml:lang="en-US"> Government National Mortgage Association [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FederalNationalMortgageAssociationCertificatesAndObligationsFNMAMember" xlink:label="us-gaap_FederalNationalMortgageAssociationCertificatesAndObligationsFNMAMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FederalNationalMortgageAssociationCertificatesAndObligationsFNMAMember" xlink:to="lab_FederalNationalMortgageAssociationCertificatesAndObligationsFNMAMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FederalNationalMortgageAssociationCertificatesAndObligationsFNMAMember" xml:lang="en-US"> Federal National Mortgage Association [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_StatementScenarioAxis" xlink:label="us-gaap_StatementScenarioAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementScenarioAxis" xlink:to="lab_StatementScenarioAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_StatementScenarioAxis" xml:lang="en-US"> Statement, Scenario [Axis] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="us-gaap_ScenarioUnspecifiedDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScenarioUnspecifiedDomain" xlink:to="lab_ScenarioUnspecifiedDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ScenarioUnspecifiedDomain" xml:lang="en-US"> Scenario, Unspecified [Domain] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AmortizedCostGrossUnrealizedGainsAndLossesInAccumulatedOtherComprehensiveIncome" xlink:label="bac_AmortizedCostGrossUnrealizedGainsAndLossesInAccumulatedOtherComprehensiveIncome"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AmortizedCostGrossUnrealizedGainsAndLossesInAccumulatedOtherComprehensiveIncome" xlink:to="bac_AmortizedCostGrossUnrealizedGainsAndLossesInAccumulatedOtherComprehensiveIncome_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AmortizedCostGrossUnrealizedGainsAndLossesInAccumulatedOtherComprehensiveIncome_lbl" xml:lang="en-US"> Amortized cost gross unrealized gains and losses in accumulated Other comprehensive income </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AmortizedCostGrossUnrealizedGainsAndLossesInAccumulatedOtherComprehensiveIncome_lbl" xml:lang="en-US"> Amortized cost, gross unrealized gains and losses in accumulated OCI and fair value of AFS debt and marketable equity securities and fair value of available-for-sale debt and marketable equity securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AmortizedCostGrossUnrealizedGainsAndLossesInAccumulatedOtherComprehensiveIncome_lbl" xml:lang="en-US"> Amortized cost, gross unrealized gains and losses in accumulated other comprehensive income. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_AvailableForSaleSecuritiesEquitySecurities" xlink:label="us-gaap_AvailableForSaleSecuritiesEquitySecurities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AvailableForSaleSecuritiesEquitySecurities" xlink:to="lab_AvailableForSaleSecuritiesEquitySecurities"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_AvailableForSaleSecuritiesEquitySecurities" xml:lang="en-US"> Available-for-sale Securities, Equity Securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_AvailableForSaleSecuritiesEquitySecurities" xml:lang="en-US"> Available-for-sale marketable equity securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_AvailableForSaleSecuritiesEquitySecurities" xml:lang="en-US"> Fair value of available-for-sale debt securities, Total </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_AgencySecuritiesMember" xlink:label="us-gaap_AgencySecuritiesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AgencySecuritiesMember" xlink:to="lab_AgencySecuritiesMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_AgencySecuritiesMember" xml:lang="en-US"> Agency [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CollateralizedMortgageObligationsMember" xlink:label="us-gaap_CollateralizedMortgageObligationsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CollateralizedMortgageObligationsMember" xlink:to="lab_CollateralizedMortgageObligationsMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CollateralizedMortgageObligationsMember" xml:lang="en-US"> Agency-collateralized mortgage obligations [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ResidentialMortgageBackedSecuritiesMember" xlink:label="us-gaap_ResidentialMortgageBackedSecuritiesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ResidentialMortgageBackedSecuritiesMember" xlink:to="lab_ResidentialMortgageBackedSecuritiesMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ResidentialMortgageBackedSecuritiesMember" xml:lang="en-US"> Non-agency residential [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CommercialMortgageBackedSecuritiesMember" xlink:label="us-gaap_CommercialMortgageBackedSecuritiesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommercialMortgageBackedSecuritiesMember" xlink:to="lab_CommercialMortgageBackedSecuritiesMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CommercialMortgageBackedSecuritiesMember" xml:lang="en-US"> Non-agency commercial [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CorporateBondSecuritiesMember" xlink:label="us-gaap_CorporateBondSecuritiesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CorporateBondSecuritiesMember" xlink:to="lab_CorporateBondSecuritiesMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CorporateBondSecuritiesMember" xml:lang="en-US"> Corporate Bond [Member] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TotalTaxableSecuritiesMember" xlink:label="bac_TotalTaxableSecuritiesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TotalTaxableSecuritiesMember" xlink:to="bac_TotalTaxableSecuritiesMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TotalTaxableSecuritiesMember_lbl" xml:lang="en-US"> Total taxable securities [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TotalTaxableSecuritiesMember_lbl" xml:lang="en-US"> Total taxable securities Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TaxExemptSecuritiesMember" xlink:label="bac_TaxExemptSecuritiesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TaxExemptSecuritiesMember" xlink:to="bac_TaxExemptSecuritiesMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TaxExemptSecuritiesMember_lbl" xml:lang="en-US"> Tax-exempt securities [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TaxExemptSecuritiesMember_lbl" xml:lang="en-US"> Tax exempt securities Member. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAbstract" xlink:label="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAbstract" xlink:to="lab_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAbstract" xml:lang="en-US"> Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAbstract" xml:lang="en-US"> Current fair value and the associated gross unrealized losses on investments in securities with gross unrelaized losses </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue" xlink:label="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue" xlink:to="lab_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue" xml:lang="en-US"> Less than Twelve Months, Fair Value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue" xml:lang="en-US"> Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue" xlink:label="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue" xlink:to="lab_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue" xml:lang="en-US"> Twelve Months or Longer, Fair Value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue" xml:lang="en-US"> Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue" xlink:label="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue" xlink:to="lab_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue" xml:lang="en-US"> Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue" xml:lang="en-US"> Total Fair Value </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLosses" xlink:label="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLosses"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLosses" xlink:to="lab_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLosses"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLosses" xml:lang="en-US"> Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Aggregate Losses </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLosses" xml:lang="en-US"> Less than 12 Months, Total gross unrealized losses </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLosses" xlink:label="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLosses"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLosses" xlink:to="lab_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLosses"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLosses" xml:lang="en-US"> Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Aggregate Losses </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLosses" xml:lang="en-US"> 12 Months or Longer, Total gross unrealized losses </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLosses" xlink:label="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLosses"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLosses" xlink:to="lab_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLosses"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLosses" xml:lang="en-US"> Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Losses </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLosses" xml:lang="en-US"> Total gross unrealized losses </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CurrentFairValueAndAssociatedGrossUnrealisedLossesOnInvestmentsTextBlock" xlink:label="bac_CurrentFairValueAndAssociatedGrossUnrealisedLossesOnInvestmentsTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CurrentFairValueAndAssociatedGrossUnrealisedLossesOnInvestmentsTextBlock" xlink:to="bac_CurrentFairValueAndAssociatedGrossUnrealisedLossesOnInvestmentsTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CurrentFairValueAndAssociatedGrossUnrealisedLossesOnInvestmentsTextBlock_lbl" xml:lang="en-US"> Current Fair Value And Associated Gross Unrealised Losses On Investments Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CurrentFairValueAndAssociatedGrossUnrealisedLossesOnInvestmentsTextBlock_lbl" xml:lang="en-US"> Current fair value and the associated gross unrealized losses on investments in securities with gross unrelaized losses </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CurrentFairValueAndAssociatedGrossUnrealisedLossesOnInvestmentsTextBlock_lbl" xml:lang="en-US"> Current fair value and associated gross unrealised losses on investments. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TemporarilyImpairedAvailableForSaleDebtSecuritiesMember" xlink:label="bac_TemporarilyImpairedAvailableForSaleDebtSecuritiesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TemporarilyImpairedAvailableForSaleDebtSecuritiesMember" xlink:to="bac_TemporarilyImpairedAvailableForSaleDebtSecuritiesMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TemporarilyImpairedAvailableForSaleDebtSecuritiesMember_lbl" xml:lang="en-US"> Temporarily impaired Available-For-Sale Debt Securities [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TemporarilyImpairedAvailableForSaleDebtSecuritiesMember_lbl" xml:lang="en-US"> Temporarily impaired Available For Sale Debt Securities Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TemporarilyImpairedAvailableForSaleMarketableEquitySecuritiesMember" xlink:label="bac_TemporarilyImpairedAvailableForSaleMarketableEquitySecuritiesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TemporarilyImpairedAvailableForSaleMarketableEquitySecuritiesMember" xlink:to="bac_TemporarilyImpairedAvailableForSaleMarketableEquitySecuritiesMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TemporarilyImpairedAvailableForSaleMarketableEquitySecuritiesMember_lbl" xml:lang="en-US"> Temporarily impaired Available For Sale Marketable Equity Securities [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TemporarilyImpairedAvailableForSaleMarketableEquitySecuritiesMember_lbl" xml:lang="en-US"> Temporarily impaired Available For Sale Marketable Equity Securities Member. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_GuarantorObligationsByUnderlyingAssetClassAxis" xlink:label="us-gaap_GuarantorObligationsByUnderlyingAssetClassAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GuarantorObligationsByUnderlyingAssetClassAxis" xlink:to="lab_GuarantorObligationsByUnderlyingAssetClassAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_GuarantorObligationsByUnderlyingAssetClassAxis" xml:lang="en-US"> Guarantor Obligations by Underlying Asset Class [Axis] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="us-gaap_UnderlyingAssetClassDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_UnderlyingAssetClassDomain" xlink:to="lab_UnderlyingAssetClassDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_UnderlyingAssetClassDomain" xml:lang="en-US"> Underlying Asset Class [Domain] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ExpectedMaturityDistributionAbstract" xlink:label="bac_ExpectedMaturityDistributionAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ExpectedMaturityDistributionAbstract" xlink:to="bac_ExpectedMaturityDistributionAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ExpectedMaturityDistributionAbstract_lbl" xml:lang="en-US"> Expected maturity distribution Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ExpectedMaturityDistributionAbstract_lbl" xml:lang="en-US"> Expected maturity distribution Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ExpectedMaturityDistributionAbstract_lbl" xml:lang="en-US"> Expected maturity distribution Abstract. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_YieldOfAvailableForSaleDebtSecurities" xlink:label="bac_YieldOfAvailableForSaleDebtSecurities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_YieldOfAvailableForSaleDebtSecurities" xlink:to="bac_YieldOfAvailableForSaleDebtSecurities_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_YieldOfAvailableForSaleDebtSecurities_lbl" xml:lang="en-US"> Yield of available for sale debt securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_YieldOfAvailableForSaleDebtSecurities_lbl" xml:lang="en-US"> Represents the annual rate of return on all available for sale debt securities, expressed as a percentage. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_YieldOfAvailableForSaleDebtSecurities_lbl" xml:lang="en-US"> Yield of available for sale debt securities </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CorporateSecuritiesTradingLoansAndOtherMember" xlink:label="bac_CorporateSecuritiesTradingLoansAndOtherMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CorporateSecuritiesTradingLoansAndOtherMember" xlink:to="bac_CorporateSecuritiesTradingLoansAndOtherMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CorporateSecuritiesTradingLoansAndOtherMember_lbl" xml:lang="en-US"> Corporate securities, trading loans and other [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CorporateSecuritiesTradingLoansAndOtherMember_lbl" xml:lang="en-US"> Corporate securities, trading loans and other Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MortgageTradingLoansAndAssetBackedSecuritiesMember" xlink:label="bac_MortgageTradingLoansAndAssetBackedSecuritiesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MortgageTradingLoansAndAssetBackedSecuritiesMember" xlink:to="bac_MortgageTradingLoansAndAssetBackedSecuritiesMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MortgageTradingLoansAndAssetBackedSecuritiesMember_lbl" xml:lang="en-US"> Mortgage trading loans and asset-backed securities [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MortgageTradingLoansAndAssetBackedSecuritiesMember_lbl" xml:lang="en-US"> Mortgage trading loans and asset backed securities Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DerivativesTextualsAbstract" xlink:label="bac_DerivativesTextualsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DerivativesTextualsAbstract" xlink:to="bac_DerivativesTextualsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DerivativesTextualsAbstract_lbl" xml:lang="en-US"> Derivatives Textuals Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_DerivativesTextualsAbstract_lbl" xml:lang="en-US"> Derivatives (Textuals) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DerivativesTextualsAbstract_lbl" xml:lang="en-US"> Derivatives Textuals Abstract. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ExcludingInQualifyingAccountingHedgesLongTermDebtDesignatedAsHedgeOfForeignCurrencyRisk" xlink:label="bac_ExcludingInQualifyingAccountingHedgesLongTermDebtDesignatedAsHedgeOfForeignCurrencyRisk"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ExcludingInQualifyingAccountingHedgesLongTermDebtDesignatedAsHedgeOfForeignCurrencyRisk" xlink:to="bac_ExcludingInQualifyingAccountingHedgesLongTermDebtDesignatedAsHedgeOfForeignCurrencyRisk_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ExcludingInQualifyingAccountingHedgesLongTermDebtDesignatedAsHedgeOfForeignCurrencyRisk_lbl" xml:lang="en-US"> Excluding in Qualifying Accounting Hedges, long Term debt designated as a hedge of foreign currency risk </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ExcludingInQualifyingAccountingHedgesLongTermDebtDesignatedAsHedgeOfForeignCurrencyRisk_lbl" xml:lang="en-US"> Excluding in qualifying accounting hedges, long term debt designated as a hedge of foreign currency risk </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ExcludingInQualifyingAccountingHedgesLongTermDebtDesignatedAsHedgeOfForeignCurrencyRisk_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MeasurementOfIneffectivenessOfInterestCostsOnShortForwardContracts" xlink:label="bac_MeasurementOfIneffectivenessOfInterestCostsOnShortForwardContracts"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MeasurementOfIneffectivenessOfInterestCostsOnShortForwardContracts" xlink:to="bac_MeasurementOfIneffectivenessOfInterestCostsOnShortForwardContracts_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MeasurementOfIneffectivenessOfInterestCostsOnShortForwardContracts_lbl" xml:lang="en-US"> Measurement of ineffectiveness of interest costs on short forward contracts </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MeasurementOfIneffectivenessOfInterestCostsOnShortForwardContracts_lbl" xml:lang="en-US"> Interest costs on short forward contracts included in the measurement of ineffectiveness relating to derivatives that are designated as fair value hedges of interest rate risk on AFS securities. This is considered as part of the cost of hedging, and is offset by the fixed coupon receipt on the AFS security that is recognized in interest income on securities. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_MeasurementOfIneffectivenessOfInterestCostsOnShortForwardContracts_lbl" xml:lang="en-US"> Measurement of ineffectiveness of interest costs on short forward contracts </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths" xlink:label="us-gaap_CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths" xlink:to="lab_CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths" xml:lang="en-US"> Net losses in accumulated OCI </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths" xml:lang="en-US"> Cash Flow Hedge Gain (Loss) to be Reclassified within Twelve Months </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonthsAfterTax" xlink:label="bac_CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonthsAfterTax"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonthsAfterTax" xlink:to="bac_CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonthsAfterTax_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonthsAfterTax_lbl" xml:lang="en-US"> Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months After Tax </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonthsAfterTax_lbl" xml:lang="en-US"> Net losses in accumulated OCI, After Tax </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonthsAfterTax_lbl" xml:lang="en-US"> The amount of net losses in accumulated OCI after-tax on derivative instruments that qualify as cash flow hedges that are expected to be reclassified into earnings during the next 12 months. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ReclassificationFromOCIExcludeAmountsRelatedToDerivativeInterestAccrualsAndIncreasedInterestIncome" xlink:label="bac_ReclassificationFromOCIExcludeAmountsRelatedToDerivativeInterestAccrualsAndIncreasedInterestIncome"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ReclassificationFromOCIExcludeAmountsRelatedToDerivativeInterestAccrualsAndIncreasedInterestIncome" xlink:to="bac_ReclassificationFromOCIExcludeAmountsRelatedToDerivativeInterestAccrualsAndIncreasedInterestIncome_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ReclassificationFromOCIExcludeAmountsRelatedToDerivativeInterestAccrualsAndIncreasedInterestIncome_lbl" xml:lang="en-US"> Reclassification From O C I Exclude Amounts Related To Derivative Interest Accruals And Increased Interest Income </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ReclassificationFromOCIExcludeAmountsRelatedToDerivativeInterestAccrualsAndIncreasedInterestIncome_lbl" xml:lang="en-US"> Reclassification from OCI exclude amounts related to derivative interest accruals and increased interest income </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ReclassificationFromOCIExcludeAmountsRelatedToDerivativeInterestAccrualsAndIncreasedInterestIncome_lbl" xml:lang="en-US"> The amount related to derivative interest accruals excluded from amount reclassified from OCI and the impact on interest income for the reporting period for cash flow hedges of interest rate risk on variable rate portfolios. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_GainsOnIrlcRelatedToOriginationOfMortgageLoansThatAreHeldForSaleWhichAreConsideredDerivativeInstruments" xlink:label="bac_GainsOnIrlcRelatedToOriginationOfMortgageLoansThatAreHeldForSaleWhichAreConsideredDerivativeInstruments"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_GainsOnIrlcRelatedToOriginationOfMortgageLoansThatAreHeldForSaleWhichAreConsideredDerivativeInstruments" xlink:to="bac_GainsOnIrlcRelatedToOriginationOfMortgageLoansThatAreHeldForSaleWhichAreConsideredDerivativeInstruments_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_GainsOnIrlcRelatedToOriginationOfMortgageLoansThatAreHeldForSaleWhichAreConsideredDerivativeInstruments_lbl" xml:lang="en-US"> Gains On IRLC Related To Origination Of Mortgage Loans That Are Held For Sale Which Are Considered Derivative Instruments </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_GainsOnIrlcRelatedToOriginationOfMortgageLoansThatAreHeldForSaleWhichAreConsideredDerivativeInstruments_lbl" xml:lang="en-US"> Gains on IRLCs related to the origination of mortgage loans that are held for sale, which are considered derivative instruments </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_GainsOnIrlcRelatedToOriginationOfMortgageLoansThatAreHeldForSaleWhichAreConsideredDerivativeInstruments_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CorporationReceivedCashAndSecuritiesCollateral" xlink:label="bac_CorporationReceivedCashAndSecuritiesCollateral"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CorporationReceivedCashAndSecuritiesCollateral" xlink:to="bac_CorporationReceivedCashAndSecuritiesCollateral_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CorporationReceivedCashAndSecuritiesCollateral_lbl" xml:lang="en-US"> Corporation received cash and securities collateral </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CorporationReceivedCashAndSecuritiesCollateral_lbl" xml:lang="en-US"> The amount of cash and securities collateral received and posted related to derivative instruments under master netting agreements (ISDA). </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CorporationReceivedCashAndSecuritiesCollateral_lbl" xml:lang="en-US"> Corporation received cash and securities collateral </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CollateralAlreadyPostedAggregateFairValue" xlink:label="us-gaap_CollateralAlreadyPostedAggregateFairValue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CollateralAlreadyPostedAggregateFairValue" xlink:to="lab_CollateralAlreadyPostedAggregateFairValue"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_CollateralAlreadyPostedAggregateFairValue" xml:lang="en-US"> Posted cash and securities collateral </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CollateralAlreadyPostedAggregateFairValue" xml:lang="en-US"> Collateral Already Posted, Aggregate Fair Value </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_AdditionalCollateralAggregateFairValue" xlink:label="us-gaap_AdditionalCollateralAggregateFairValue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AdditionalCollateralAggregateFairValue" xlink:to="lab_AdditionalCollateralAggregateFairValue"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_AdditionalCollateralAggregateFairValue" xml:lang="en-US"> Additional collateral </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_AdditionalCollateralAggregateFairValue" xml:lang="en-US"> Additional Collateral, Aggregate Fair Value </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CumulativeCounterpartyCreditRiskValuationAdjustmentWasIncludedInDerivativeAssetBalance" xlink:label="bac_CumulativeCounterpartyCreditRiskValuationAdjustmentWasIncludedInDerivativeAssetBalance"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CumulativeCounterpartyCreditRiskValuationAdjustmentWasIncludedInDerivativeAssetBalance" xlink:to="bac_CumulativeCounterpartyCreditRiskValuationAdjustmentWasIncludedInDerivativeAssetBalance_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CumulativeCounterpartyCreditRiskValuationAdjustmentWasIncludedInDerivativeAssetBalance_lbl" xml:lang="en-US"> The cumulative counterparty credit risk valuation adjustment was included in the derivative asset balance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CumulativeCounterpartyCreditRiskValuationAdjustmentWasIncludedInDerivativeAssetBalance_lbl" 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. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CumulativeCounterpartyCreditRiskValuationAdjustmentWasIncludedInDerivativeAssetBalance_lbl" xml:lang="en-US"> The cumulative counterparty credit risk valuation adjustment was included in the derivative asset balance </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CorporationsCumulativeCreditRiskValuationAdjustmentThatWasIncludedInDerivativeLiabilitiesBalance" xlink:label="bac_CorporationsCumulativeCreditRiskValuationAdjustmentThatWasIncludedInDerivativeLiabilitiesBalance"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CorporationsCumulativeCreditRiskValuationAdjustmentThatWasIncludedInDerivativeLiabilitiesBalance" xlink:to="bac_CorporationsCumulativeCreditRiskValuationAdjustmentThatWasIncludedInDerivativeLiabilitiesBalance_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CorporationsCumulativeCreditRiskValuationAdjustmentThatWasIncludedInDerivativeLiabilitiesBalance_lbl" xml:lang="en-US"> Corporations cumulative credit risk valuation adjustment that was included in the derivative liabilities balance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CorporationsCumulativeCreditRiskValuationAdjustmentThatWasIncludedInDerivativeLiabilitiesBalance_lbl" 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. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CorporationsCumulativeCreditRiskValuationAdjustmentThatWasIncludedInDerivativeLiabilitiesBalance_lbl" xml:lang="en-US"> Corporations cumulative credit risk valuation adjustment that was included in the derivative liabilities balance </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SubsidiaryOnePurchasePriceAllocationTextBlock" xlink:label="bac_SubsidiaryOnePurchasePriceAllocationTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SubsidiaryOnePurchasePriceAllocationTextBlock" xlink:to="bac_SubsidiaryOnePurchasePriceAllocationTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SubsidiaryOnePurchasePriceAllocationTextBlock_lbl" xml:lang="en-US"> Subsidiary One Purchase Price Allocation Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_SubsidiaryOnePurchasePriceAllocationTextBlock_lbl" xml:lang="en-US"> Merrill Lynch Purchase Price Allocation </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SubsidiaryOnePurchasePriceAllocationTextBlock_lbl" xml:lang="en-US"> Subsidiary One Purchase Price Allocation Text Block. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MergerRelatedExitCostAndRestructuringReservesTextBlock" xlink:label="bac_MergerRelatedExitCostAndRestructuringReservesTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MergerRelatedExitCostAndRestructuringReservesTextBlock" xlink:to="bac_MergerRelatedExitCostAndRestructuringReservesTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MergerRelatedExitCostAndRestructuringReservesTextBlock_lbl" xml:lang="en-US"> Merger Related Exit Cost and Restructuring Reserves Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_MergerRelatedExitCostAndRestructuringReservesTextBlock_lbl" xml:lang="en-US"> Merger-related Exit Cost and Restructuring Reserves </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MergerRelatedExitCostAndRestructuringReservesTextBlock_lbl" xml:lang="en-US"> Merger-related Exit Cost and Restructuring Reserves. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MergerAndRestructuringChargesTextBlock" xlink:label="bac_MergerAndRestructuringChargesTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MergerAndRestructuringChargesTextBlock" xlink:to="bac_MergerAndRestructuringChargesTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MergerAndRestructuringChargesTextBlock_lbl" xml:lang="en-US"> Merger and Restructuring Charges Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_MergerAndRestructuringChargesTextBlock_lbl" xml:lang="en-US"> Merger and Restructuring Charges </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MergerAndRestructuringChargesTextBlock_lbl" xml:lang="en-US"> Merger and Restructuring Charges. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SecuritiesTextualsAbstract" xlink:label="bac_SecuritiesTextualsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SecuritiesTextualsAbstract" xlink:to="bac_SecuritiesTextualsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SecuritiesTextualsAbstract_lbl" xml:lang="en-US"> Securities (Textuals) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_SecuritiesTextualsAbstract_lbl" xml:lang="en-US"> Securities (Textuals) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SecuritiesTextualsAbstract_lbl" xml:lang="en-US"> Securities . </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PrimeBonds" xlink:label="bac_PrimeBonds"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PrimeBonds" xlink:to="bac_PrimeBonds_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PrimeBonds_lbl" xml:lang="en-US"> Prime bonds </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PrimeBonds_lbl" xml:lang="en-US"> Debt instruments issued for a period of more than one year with the purpose of raising capital by borrowing. Prime bonds are on the premium segment. At amortized cost. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PrimeBonds_lbl" xml:lang="en-US"> Prime bonds </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AltBonds" xlink:label="bac_AltBonds"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AltBonds" xlink:to="bac_AltBonds_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AltBonds_lbl" xml:lang="en-US"> Alt bonds </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AltBonds_lbl" xml:lang="en-US"> Alt-A bonds </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AltBonds_lbl" xml:lang="en-US"> Alternative-A mortgage, a type of U.S. mortgage that, for various reasons, is considered riskier than A-paper, or "prime," and less risky than "subprime," the riskiest category. Alt-A interest rates, which are determined by credit risk, therefore tend to be between those of prime and subprime home loans. Typically, Alt-A mortgages are characterized by borrowers with less than full documentation, lower credit scores and higher LTVs. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SubprimeBonds" xlink:label="bac_SubprimeBonds"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SubprimeBonds" xlink:to="bac_SubprimeBonds_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SubprimeBonds_lbl" xml:lang="en-US"> Subprime bonds </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SubprimeBonds_lbl" xml:lang="en-US"> Represents specific product offerings for higher risk borrowers, including individuals with on or a combination of high credit risk factors, such as low FICO scores (generally less than 620 for secured products and 660 for unsecured products), high debt to income ratios and inferior payment history. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_SubprimeBonds_lbl" xml:lang="en-US"> Subprime bonds </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AmortizedCostAssociatedWithCorporationsCreditCardSecuritizationTrustAndRetainedByCorporation" xlink:label="bac_AmortizedCostAssociatedWithCorporationsCreditCardSecuritizationTrustAndRetainedByCorporation"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AmortizedCostAssociatedWithCorporationsCreditCardSecuritizationTrustAndRetainedByCorporation" xlink:to="bac_AmortizedCostAssociatedWithCorporationsCreditCardSecuritizationTrustAndRetainedByCorporation_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AmortizedCostAssociatedWithCorporationsCreditCardSecuritizationTrustAndRetainedByCorporation_lbl" xml:lang="en-US"> Amortized Cost Associated With Corporations Credit Card Securitization Trust And Retained By Corporation </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AmortizedCostAssociatedWithCorporationsCreditCardSecuritizationTrustAndRetainedByCorporation_lbl" xml:lang="en-US"> Amortized cost associated with asset-backed securities issued by the Corporation's credit card securitization trust and retained by the Corporation </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AmortizedCostAssociatedWithCorporationsCreditCardSecuritizationTrustAndRetainedByCorporation_lbl" xml:lang="en-US"> Represents amortized cost of retained asset-backed securities issued by the credit card securitization trust. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueAssociatedWithCorporationsCreditCardSecuritizationTrustAndRetainedByCorporation" xlink:label="bac_FairValueAssociatedWithCorporationsCreditCardSecuritizationTrustAndRetainedByCorporation"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueAssociatedWithCorporationsCreditCardSecuritizationTrustAndRetainedByCorporation" xlink:to="bac_FairValueAssociatedWithCorporationsCreditCardSecuritizationTrustAndRetainedByCorporation_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueAssociatedWithCorporationsCreditCardSecuritizationTrustAndRetainedByCorporation_lbl" xml:lang="en-US"> Fair Value Associated With Corporations Credit Card Securitization Trust And Retained By Corporation </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FairValueAssociatedWithCorporationsCreditCardSecuritizationTrustAndRetainedByCorporation_lbl" xml:lang="en-US"> Fair value associated with asset-backed securities issued by the Corporation's credit card securitization trust and retained by the Corporation </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueAssociatedWithCorporationsCreditCardSecuritizationTrustAndRetainedByCorporation_lbl" xml:lang="en-US"> Represents fair value of retained asset-backed securities issued by the credit card securitization trust. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueOfJointVenture" xlink:label="bac_FairValueOfJointVenture"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueOfJointVenture" xlink:to="bac_FairValueOfJointVenture_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueOfJointVenture_lbl" xml:lang="en-US"> Fair value of joint venture </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueOfJointVenture_lbl" xml:lang="en-US"> Represents the fair value of a joint venture entered into that is accounted for under the equity method of accounting with income being recorded in equity investment income. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FairValueOfJointVenture_lbl" xml:lang="en-US"> Fair value of joint venture </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CarryingValueOfJointVenture" xlink:label="bac_CarryingValueOfJointVenture"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CarryingValueOfJointVenture" xlink:to="bac_CarryingValueOfJointVenture_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CarryingValueOfJointVenture_lbl" xml:lang="en-US"> Carrying value of joint venture </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CarryingValueOfJointVenture_lbl" xml:lang="en-US"> This item represents the carrying amount on the entity's balance sheet of its investment in a joint venture of an equity method investee. This is not an indicator of the fair value of the investment, rather it is the initial cost adjusted for the entity's share of earnings and losses of the investee, adjusted for any distributions (dividends) and other than temporary impairment losses recognized. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CarryingValueOfJointVenture_lbl" xml:lang="en-US"> Carrying value of joint venture </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PretaxGainInOtherIncome" xlink:label="bac_PretaxGainInOtherIncome"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PretaxGainInOtherIncome" xlink:to="bac_PretaxGainInOtherIncome_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PretaxGainInOtherIncome_lbl" xml:lang="en-US"> Pre-tax gain in other income </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PretaxGainInOtherIncome_lbl" xml:lang="en-US"> Represents the pre-tax gain recorded in other income associated with a joint venture agreement entered into that is accounted for under the equity investment method. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PretaxGainInOtherIncome_lbl" xml:lang="en-US"> Pre-tax gain in other income </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CarryingValueOfEconomicOwnershipInterestInAcquiredCompany" xlink:label="bac_CarryingValueOfEconomicOwnershipInterestInAcquiredCompany"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CarryingValueOfEconomicOwnershipInterestInAcquiredCompany" xlink:to="bac_CarryingValueOfEconomicOwnershipInterestInAcquiredCompany_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CarryingValueOfEconomicOwnershipInterestInAcquiredCompany_lbl" xml:lang="en-US"> Carrying Value Of Economic Ownership Interest In Acquired Company </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CarryingValueOfEconomicOwnershipInterestInAcquiredCompany_lbl" xml:lang="en-US"> Carrying value of economic ownership interest in BlackRock </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CarryingValueOfEconomicOwnershipInterestInAcquiredCompany_lbl" xml:lang="en-US"> Represents the carrying value of the economic ownership interest in an equity investment. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CarryingValueOfEconomicOwnershipInterestInAcquiredCompanyInPercentage" xlink:label="bac_CarryingValueOfEconomicOwnershipInterestInAcquiredCompanyInPercentage"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CarryingValueOfEconomicOwnershipInterestInAcquiredCompanyInPercentage" xlink:to="bac_CarryingValueOfEconomicOwnershipInterestInAcquiredCompanyInPercentage_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CarryingValueOfEconomicOwnershipInterestInAcquiredCompanyInPercentage_lbl" xml:lang="en-US"> Carrying Value Of Economic Ownership Interest In Acquired Company In Percentage </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CarryingValueOfEconomicOwnershipInterestInAcquiredCompanyInPercentage_lbl" xml:lang="en-US"> Carrying value of economic ownership interest in BlackRock in percentage </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CarryingValueOfEconomicOwnershipInterestInAcquiredCompanyInPercentage_lbl" xml:lang="en-US"> Represents the carrying value of the economic ownership interest in an equity investment in percentage. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_IncomeTaxExpense" xlink:label="bac_IncomeTaxExpense"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_IncomeTaxExpense" xlink:to="bac_IncomeTaxExpense_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_IncomeTaxExpense_lbl" xml:lang="en-US"> Income tax expense </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_IncomeTaxExpense_lbl" xml:lang="en-US"> Represents related income tax expense on the accumulated net unrealized gain on AFS debt securities. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_IncomeTaxExpense_lbl" xml:lang="en-US"> Income tax expense </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NonperformingDebtSecurities" xlink:label="bac_NonperformingDebtSecurities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NonperformingDebtSecurities" xlink:to="bac_NonperformingDebtSecurities_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NonperformingDebtSecurities_lbl" xml:lang="en-US"> Nonperforming debt securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NonperformingDebtSecurities_lbl" xml:lang="en-US"> Represents a debt security classified as an AFS security that has been placed on nonaccrual status. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NonperformingDebtSecurities_lbl" xml:lang="en-US"> Nonperforming debt securities </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_OtherThanTemporaryImpairmentPreviouslyRecognizedInEarnings" xlink:label="bac_OtherThanTemporaryImpairmentPreviouslyRecognizedInEarnings"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_OtherThanTemporaryImpairmentPreviouslyRecognizedInEarnings" xlink:to="bac_OtherThanTemporaryImpairmentPreviouslyRecognizedInEarnings_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_OtherThanTemporaryImpairmentPreviouslyRecognizedInEarnings_lbl" xml:lang="en-US"> Other-than-temporary impairment previously recognized in earnings </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_OtherThanTemporaryImpairmentPreviouslyRecognizedInEarnings_lbl" xml:lang="en-US"> Represents the total of cumulative-effect transition adjustment relating to new guidance on recognition and presentation of other-than-temporary impairment of debt securities that requires an entity to recognize the total of other-than-temporary impairment of a debt security in earnings and the total in other comprehensive income when the entity does not intend to sell the security and it is more-likely-than-not that the entity will not be required to sell the security prior to recovery. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_OtherThanTemporaryImpairmentPreviouslyRecognizedInEarnings_lbl" xml:lang="en-US"> Other-than-temporary impairment previously recognized in earnings </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CreditComponentOfCumulativeEffectTransitionAdjustment" xlink:label="bac_CreditComponentOfCumulativeEffectTransitionAdjustment"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CreditComponentOfCumulativeEffectTransitionAdjustment" xlink:to="bac_CreditComponentOfCumulativeEffectTransitionAdjustment_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CreditComponentOfCumulativeEffectTransitionAdjustment_lbl" xml:lang="en-US"> Credit component of cumulative-effect transition adjustment </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CreditComponentOfCumulativeEffectTransitionAdjustment_lbl" xml:lang="en-US"> Represents the credit component of cumulative-effect transition adjustment relating to new guidance on recognition and presentation of other-than-temporary impairment of debt securities that requires an entity to recognize the credit component of other-than-temporary impairment of a debt security in earnings and the noncredit component in other comprehensive income when the entity does not intend to sell the security and it is more-likely-than-not that the entity will not be required to sell the security prior to recovery. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CreditComponentOfCumulativeEffectTransitionAdjustment_lbl" xml:lang="en-US"> Credit component of cumulative-effect transition adjustment </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NoncreditComponentOfCumulativeEffectTransitionAdjustment" xlink:label="bac_NoncreditComponentOfCumulativeEffectTransitionAdjustment"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NoncreditComponentOfCumulativeEffectTransitionAdjustment" xlink:to="bac_NoncreditComponentOfCumulativeEffectTransitionAdjustment_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NoncreditComponentOfCumulativeEffectTransitionAdjustment_lbl" xml:lang="en-US"> Noncredit component of cumulative-effect transition adjustment </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NoncreditComponentOfCumulativeEffectTransitionAdjustment_lbl" xml:lang="en-US"> Represents the noncredit component of cumulative-effect transition adjustment relating to new guidance on recognition and presentation of other-than-temporary impairment of debt securities that requires an entity to recognize the credit component of other-than-temporary impairment of a debt security in earnings and the noncredit component in other comprehensive income when the entity does not intend to sell the security and it is more-likely-than-not that the entity will not be required to sell the security prior to recovery. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NoncreditComponentOfCumulativeEffectTransitionAdjustment_lbl" xml:lang="en-US"> Noncredit component of cumulative-effect transition adjustment </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_WeightedAverageSeverityByCollateralTypeForAltBonds" xlink:label="bac_WeightedAverageSeverityByCollateralTypeForAltBonds"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_WeightedAverageSeverityByCollateralTypeForAltBonds" xlink:to="bac_WeightedAverageSeverityByCollateralTypeForAltBonds_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_WeightedAverageSeverityByCollateralTypeForAltBonds_lbl" xml:lang="en-US"> Weighted Average Severity By Collateral Type For Alt Bonds </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_WeightedAverageSeverityByCollateralTypeForAltBonds_lbl" xml:lang="en-US"> Weighted-average severity by collateral type for Alt-A bonds </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_WeightedAverageSeverityByCollateralTypeForAltBonds_lbl" xml:lang="en-US"> Represents the weighted-average severity by collateral type for Alt-A bonds which is an assumption used in the valuation of non-agency residential mortgage-backed securities. The loss severity assumption uses loss severity rates that are projected considering collateral characteristics such as LTV, creditworthiness of borrowers and geographic concentration. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_WeightedAverageLifeDefaultRateByCollateralTypeForPrimeBonds" xlink:label="bac_WeightedAverageLifeDefaultRateByCollateralTypeForPrimeBonds"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_WeightedAverageLifeDefaultRateByCollateralTypeForPrimeBonds" xlink:to="bac_WeightedAverageLifeDefaultRateByCollateralTypeForPrimeBonds_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_WeightedAverageLifeDefaultRateByCollateralTypeForPrimeBonds_lbl" xml:lang="en-US"> Weighted-average life default rate by collateral type for prime bonds </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_WeightedAverageLifeDefaultRateByCollateralTypeForPrimeBonds_lbl" xml:lang="en-US"> Represents the weighted-average life default rate by collateral type for prime bonds which is an assumption used in the valuation of non-agency residential mortgage-backed securities. The life default rate assumption uses default rates that are projected by considering collateral characteristics including, but not limited to LTV, FICO and geographic concentration. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_WeightedAverageLifeDefaultRateByCollateralTypeForPrimeBonds_lbl" xml:lang="en-US"> Weighted-average life default rate by collateral type for prime bonds </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_WeightedAverageLifeDefaultRateByCollateralTypeForAltBonds" xlink:label="bac_WeightedAverageLifeDefaultRateByCollateralTypeForAltBonds"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_WeightedAverageLifeDefaultRateByCollateralTypeForAltBonds" xlink:to="bac_WeightedAverageLifeDefaultRateByCollateralTypeForAltBonds_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_WeightedAverageLifeDefaultRateByCollateralTypeForAltBonds_lbl" xml:lang="en-US"> Weighted Average Life Default Rate By Collateral Type For Alt Bonds </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_WeightedAverageLifeDefaultRateByCollateralTypeForAltBonds_lbl" xml:lang="en-US"> Weighted-average life default rate by collateral type for Alt-A bonds </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_WeightedAverageLifeDefaultRateByCollateralTypeForAltBonds_lbl" xml:lang="en-US"> Represents the weighted-average life default rate by collateral type for Alt-A bonds which is an assumption used in the valuation of non-agency residential mortgage-backed securities. The life default rate assumption uses default rates that are projected by considering collateral characteristics including, but not limited to LTV, FICO and geographic concentration. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_WeightedAverageLifeDefaultRateByCollateralTypeForSubprimeBonds" xlink:label="bac_WeightedAverageLifeDefaultRateByCollateralTypeForSubprimeBonds"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_WeightedAverageLifeDefaultRateByCollateralTypeForSubprimeBonds" xlink:to="bac_WeightedAverageLifeDefaultRateByCollateralTypeForSubprimeBonds_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_WeightedAverageLifeDefaultRateByCollateralTypeForSubprimeBonds_lbl" xml:lang="en-US"> Weighted-average life default rate by collateral type for Subprime bonds </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_WeightedAverageLifeDefaultRateByCollateralTypeForSubprimeBonds_lbl" xml:lang="en-US"> Represents the weighted-average life default rate by collateral type for subprime bonds which is an assumption used in the valuation of non-agency residential mortgage-backed securities. The life default rate assumption uses default rates that are projected by considering collateral characteristics including, but not limited to LTV, FICO and geographic concentration. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_WeightedAverageLifeDefaultRateByCollateralTypeForSubprimeBonds_lbl" xml:lang="en-US"> Weighted-average life default rate by collateral type for Subprime bonds </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AmortizedCostGrossUnrealizedGainsAndLossesInAccumulatedOCITextBlock" xlink:label="bac_AmortizedCostGrossUnrealizedGainsAndLossesInAccumulatedOCITextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AmortizedCostGrossUnrealizedGainsAndLossesInAccumulatedOCITextBlock" xlink:to="bac_AmortizedCostGrossUnrealizedGainsAndLossesInAccumulatedOCITextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AmortizedCostGrossUnrealizedGainsAndLossesInAccumulatedOCITextBlock_lbl" xml:lang="en-US"> Amortized Cost Gross Unrealized Gains And Losses In Accumulated O C I Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AmortizedCostGrossUnrealizedGainsAndLossesInAccumulatedOCITextBlock_lbl" xml:lang="en-US"> Amortized cost, gross unrealized gains and losses in accumulated OCI and fair value of AFS debt and marketable equity securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AmortizedCostGrossUnrealizedGainsAndLossesInAccumulatedOCITextBlock_lbl" xml:lang="en-US"> Amortized cost gross unrealized gains and losses in accumulated OCI. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ExpectedMaturityDistributionTextBlock" xlink:label="bac_ExpectedMaturityDistributionTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ExpectedMaturityDistributionTextBlock" xlink:to="bac_ExpectedMaturityDistributionTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ExpectedMaturityDistributionTextBlock_lbl" xml:lang="en-US"> Expected maturity distribution Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ExpectedMaturityDistributionTextBlock_lbl" xml:lang="en-US"> Expected maturity distribution </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ExpectedMaturityDistributionTextBlock_lbl" xml:lang="en-US"> Expected maturity distribution. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ValuationOfNonAgencyResidentialMBSTextBlock" xlink:label="bac_ValuationOfNonAgencyResidentialMBSTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ValuationOfNonAgencyResidentialMBSTextBlock" xlink:to="bac_ValuationOfNonAgencyResidentialMBSTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ValuationOfNonAgencyResidentialMBSTextBlock_lbl" xml:lang="en-US"> Valuation Of Non Agency Residential M B S Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ValuationOfNonAgencyResidentialMBSTextBlock_lbl" xml:lang="en-US"> Significant assumptions used in the valuation of non-agency residential MBS </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ValuationOfNonAgencyResidentialMBSTextBlock_lbl" xml:lang="en-US"> Valuation of non agency residential MBS. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TradingAccountAssetsAndLiabilitiesTablesAbstract" xlink:label="bac_TradingAccountAssetsAndLiabilitiesTablesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TradingAccountAssetsAndLiabilitiesTablesAbstract" xlink:to="bac_TradingAccountAssetsAndLiabilitiesTablesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TradingAccountAssetsAndLiabilitiesTablesAbstract_lbl" xml:lang="en-US"> Trading Account Assets and Liabilities (Tables) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TradingAccountAssetsAndLiabilitiesTablesAbstract_lbl" xml:lang="en-US"> Trading Account Assets and Liabilities. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ComponentsOfTradingAccountAssetsAndLiabilitiesTextBlock" xlink:label="bac_ComponentsOfTradingAccountAssetsAndLiabilitiesTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ComponentsOfTradingAccountAssetsAndLiabilitiesTextBlock" xlink:to="bac_ComponentsOfTradingAccountAssetsAndLiabilitiesTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ComponentsOfTradingAccountAssetsAndLiabilitiesTextBlock_lbl" xml:lang="en-US"> Components of trading account assets and liabilities Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ComponentsOfTradingAccountAssetsAndLiabilitiesTextBlock_lbl" xml:lang="en-US"> Components of trading account assets and liabilities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ComponentsOfTradingAccountAssetsAndLiabilitiesTextBlock_lbl" xml:lang="en-US"> Components of trading account assets and liabilities. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ComponentsOfTradingAccountAssetsAndLiabilitiesAbstract" xlink:label="bac_ComponentsOfTradingAccountAssetsAndLiabilitiesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ComponentsOfTradingAccountAssetsAndLiabilitiesAbstract" xlink:to="bac_ComponentsOfTradingAccountAssetsAndLiabilitiesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ComponentsOfTradingAccountAssetsAndLiabilitiesAbstract_lbl" xml:lang="en-US"> Components of trading account assets and liabilities Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ComponentsOfTradingAccountAssetsAndLiabilitiesAbstract_lbl" xml:lang="en-US"> Components of trading account assets and liabilities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ComponentsOfTradingAccountAssetsAndLiabilitiesAbstract_lbl" xml:lang="en-US"> Components of trading account assets and liabilities. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_DerivativesBalancesAbstract_lbl" xml:lang="en-US"> Derivatives Balances </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DerivativesTablesAbstract" xlink:label="bac_DerivativesTablesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DerivativesTablesAbstract" xlink:to="bac_DerivativesTablesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DerivativesTablesAbstract_lbl" xml:lang="en-US"> Derivatives (Tables) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DerivativesTablesAbstract_lbl" xml:lang="en-US"> Derivatives. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DerivativesBalancesTextBlock" xlink:label="bac_DerivativesBalancesTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DerivativesBalancesTextBlock" xlink:to="bac_DerivativesBalancesTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DerivativesBalancesTextBlock_lbl" xml:lang="en-US"> Derivatives Balances Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_DerivativesBalancesTextBlock_lbl" xml:lang="en-US"> Derivatives Balances </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DerivativesBalancesTextBlock_lbl" xml:lang="en-US"> Derivatives Balances. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueDerivativeHedgesTextBlock" xlink:label="bac_FairValueDerivativeHedgesTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueDerivativeHedgesTextBlock" xlink:to="bac_FairValueDerivativeHedgesTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueDerivativeHedgesTextBlock_lbl" xml:lang="en-US"> Fair Value Derivative Hedges Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FairValueDerivativeHedgesTextBlock_lbl" xml:lang="en-US"> Fair Value Derivative Hedges </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueDerivativeHedgesTextBlock_lbl" xml:lang="en-US"> Fair Value Derivative Hedges. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CashFlowAndNetInvestmentHedgesTextBlock" xlink:label="bac_CashFlowAndNetInvestmentHedgesTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CashFlowAndNetInvestmentHedgesTextBlock" xlink:to="bac_CashFlowAndNetInvestmentHedgesTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CashFlowAndNetInvestmentHedgesTextBlock_lbl" xml:lang="en-US"> Cash Flow and Net Investment Hedges Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CashFlowAndNetInvestmentHedgesTextBlock_lbl" xml:lang="en-US"> Cash Flow and Net Investment Hedges </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CashFlowAndNetInvestmentHedgesTextBlock_lbl" xml:lang="en-US"> Cash Flow and Net Investment Hedges. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_EconomicHedgesTextBlock" xlink:label="bac_EconomicHedgesTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_EconomicHedgesTextBlock" xlink:to="bac_EconomicHedgesTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_EconomicHedgesTextBlock_lbl" xml:lang="en-US"> Economic Hedges Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_EconomicHedgesTextBlock_lbl" xml:lang="en-US"> Economic Hedges </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_EconomicHedgesTextBlock_lbl" xml:lang="en-US"> Economic Hedges. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SalesAndTradingRevenueTextBlock" xlink:label="bac_SalesAndTradingRevenueTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SalesAndTradingRevenueTextBlock" xlink:to="bac_SalesAndTradingRevenueTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SalesAndTradingRevenueTextBlock_lbl" xml:lang="en-US"> Sales and Trading Revenue Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_SalesAndTradingRevenueTextBlock_lbl" xml:lang="en-US"> Sales and Trading Revenue </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SalesAndTradingRevenueTextBlock_lbl" xml:lang="en-US"> Sales and Trading Revenue. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CreditDerivativesTextBlock" xlink:label="bac_CreditDerivativesTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CreditDerivativesTextBlock" xlink:to="bac_CreditDerivativesTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CreditDerivativesTextBlock_lbl" xml:lang="en-US"> Credit Derivatives Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CreditDerivativesTextBlock_lbl" xml:lang="en-US"> Credit Derivatives </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CreditDerivativesTextBlock_lbl" xml:lang="en-US"> Credit Derivatives. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ValuationOfNonAgencyResidentialMBSAbstract" xlink:label="bac_ValuationOfNonAgencyResidentialMBSAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ValuationOfNonAgencyResidentialMBSAbstract" xlink:to="bac_ValuationOfNonAgencyResidentialMBSAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ValuationOfNonAgencyResidentialMBSAbstract_lbl" xml:lang="en-US"> Valuation Of Non Agency Residential M B S Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ValuationOfNonAgencyResidentialMBSAbstract_lbl" xml:lang="en-US"> Significant assumptions used in the valuation of non-agency residential MBS </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ValuationOfNonAgencyResidentialMBSAbstract_lbl" xml:lang="en-US"> Valuation of non-agency residential MBS. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MinimumCumulativeAmortizedCostAndFairValueOfCorporationsInvestmentInDebtSecuritiesInConsolidatedShareholdersEquity" xlink:label="bac_MinimumCumulativeAmortizedCostAndFairValueOfCorporationsInvestmentInDebtSecuritiesInConsolidatedShareholdersEquity"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MinimumCumulativeAmortizedCostAndFairValueOfCorporationsInvestmentInDebtSecuritiesInConsolidatedShareholdersEquity" xlink:to="bac_MinimumCumulativeAmortizedCostAndFairValueOfCorporationsInvestmentInDebtSecuritiesInConsolidatedShareholdersEquity_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MinimumCumulativeAmortizedCostAndFairValueOfCorporationsInvestmentInDebtSecuritiesInConsolidatedShareholdersEquity_lbl" xml:lang="en-US"> Minimum cumulative amortized cost and fair value of the Corporation's investment in debt securities in the consolidated shareholders' equity </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MinimumCumulativeAmortizedCostAndFairValueOfCorporationsInvestmentInDebtSecuritiesInConsolidatedShareholdersEquity_lbl" xml:lang="en-US"> Minimum cumulative amortized cost and fair value of the Corporation's investment in debt securities in the consolidated shareholders' equity. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_MinimumCumulativeAmortizedCostAndFairValueOfCorporationsInvestmentInDebtSecuritiesInConsolidatedShareholdersEquity_lbl" xml:lang="en-US"> Minimum cumulative amortized cost and fair value of the Corporation's investment in debt securities in the consolidated shareholders' equity </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CorporationOwnedCommonShares" xlink:label="bac_CorporationOwnedCommonShares"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CorporationOwnedCommonShares" xlink:to="bac_CorporationOwnedCommonShares_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CorporationOwnedCommonShares_lbl" xml:lang="en-US"> Corporation Owned Common Shares </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CorporationOwnedCommonShares_lbl" xml:lang="en-US"> Common shares owned by corporation </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CorporationOwnedCommonShares_lbl" xml:lang="en-US"> Represents the number of common shares owned by the Corporation in an equity investment. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_InitialInvestmentOfCommonSharesSoldByCorporation" xlink:label="bac_InitialInvestmentOfCommonSharesSoldByCorporation"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_InitialInvestmentOfCommonSharesSoldByCorporation" xlink:to="bac_InitialInvestmentOfCommonSharesSoldByCorporation_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_InitialInvestmentOfCommonSharesSoldByCorporation_lbl" xml:lang="en-US"> Initial investment of common shares sold by corporation </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_InitialInvestmentOfCommonSharesSoldByCorporation_lbl" xml:lang="en-US"> Represents the number of common shares initially invested in and owned of an equity investment. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_InitialInvestmentOfCommonSharesSoldByCorporation_lbl" xml:lang="en-US"> Initial investment of common shares sold by corporation </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PreTaxGain" xlink:label="bac_PreTaxGain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PreTaxGain" xlink:to="bac_PreTaxGain_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PreTaxGain_lbl" xml:lang="en-US"> Pre-tax gain </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PreTaxGain_lbl" xml:lang="en-US"> Pre-tax gain on sale of initial investment </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PreTaxGain_lbl" xml:lang="en-US"> Represents the pre-tax gain associated with the sale of the initial investment in common shares of an equity investment. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CostOfFairValue" xlink:label="bac_CostOfFairValue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CostOfFairValue" xlink:to="bac_CostOfFairValue_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CostOfFairValue_lbl" xml:lang="en-US"> Cost of the fair value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CostOfFairValue_lbl" xml:lang="en-US"> Fair value of equity investment </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CostOfFairValue_lbl" xml:lang="en-US"> Represents the fair value of the investment of common shares in an equity investment. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PreferredSharesOwnedByCorporation" xlink:label="bac_PreferredSharesOwnedByCorporation"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PreferredSharesOwnedByCorporation" xlink:to="bac_PreferredSharesOwnedByCorporation_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PreferredSharesOwnedByCorporation_lbl" xml:lang="en-US"> Preferred shares owned by corporation </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PreferredSharesOwnedByCorporation_lbl" xml:lang="en-US"> Number of preferred shares owned by the Corporation in an equity investment. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PreferredSharesOwnedByCorporation_lbl" xml:lang="en-US"> Preferred shares owned by corporation </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_InvestmentInSubsidiary" xlink:label="bac_InvestmentInSubsidiary"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_InvestmentInSubsidiary" xlink:to="bac_InvestmentInSubsidiary_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_InvestmentInSubsidiary_lbl" xml:lang="en-US"> Investment In Subsidiary </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bac_InvestmentInSubsidiary_lbl" xml:lang="en-US"> Investment in Grupo Financiero Santander, S.A., </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_InvestmentInSubsidiary_lbl" xml:lang="en-US"> Sale price of ownership interest </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_InvestmentInSubsidiary_lbl" xml:lang="en-US"> Represents the value of the equity investment that is accounting for under the equity investment method. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PrepaymentSpeed" xlink:label="bac_PrepaymentSpeed"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PrepaymentSpeed" xlink:to="bac_PrepaymentSpeed_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PrepaymentSpeed_lbl" xml:lang="en-US"> Prepayment speed </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PrepaymentSpeed_lbl" xml:lang="en-US"> Represents the annual constant prepayment speed. This is a significant assumption used in the valuation of non-agency residential mortgage backed securities. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PrepaymentSpeed_lbl" xml:lang="en-US"> Prepayment speed </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LossSeverity" xlink:label="bac_LossSeverity"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LossSeverity" xlink:to="bac_LossSeverity_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LossSeverity_lbl" xml:lang="en-US"> Loss severity </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LossSeverity_lbl" xml:lang="en-US"> Represents the severity of the impairment of non-agency residential mortgage backed securities. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_LossSeverity_lbl" xml:lang="en-US"> Loss severity </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LifeDefaultRate" xlink:label="bac_LifeDefaultRate"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LifeDefaultRate" xlink:to="bac_LifeDefaultRate_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LifeDefaultRate_lbl" xml:lang="en-US"> Life default rate </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LifeDefaultRate_lbl" xml:lang="en-US"> Represents the life default rate on mortgage backed securities. This is a significant assumption used in the valuation of non-agency residential mortgage backed securities. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_LifeDefaultRate_lbl" xml:lang="en-US"> Life default rate </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PercentileTwoMember" xlink:label="bac_PercentileTwoMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PercentileTwoMember" xlink:to="bac_PercentileTwoMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PercentileTwoMember_lbl" xml:lang="en-US"> 90th Percentile [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PercentileTwoMember_lbl" xml:lang="en-US"> Percentile two Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PercentileOneMember" xlink:label="bac_PercentileOneMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PercentileOneMember" xlink:to="bac_PercentileOneMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PercentileOneMember_lbl" xml:lang="en-US"> 10th Percentile [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PercentileOneMember_lbl" xml:lang="en-US"> Percentile one Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_WeightedAverageMember" xlink:label="bac_WeightedAverageMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_WeightedAverageMember" xlink:to="bac_WeightedAverageMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_WeightedAverageMember_lbl" xml:lang="en-US"> Weighted average [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_WeightedAverageMember_lbl" xml:lang="en-US"> Weighted average Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_RangeMember" xlink:label="bac_RangeMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_RangeMember" xlink:to="bac_RangeMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_RangeMember_lbl" xml:lang="en-US"> Range [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_RangeMember_lbl" xml:lang="en-US"> Range Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NonAgencyResidentialMember" xlink:label="bac_NonAgencyResidentialMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NonAgencyResidentialMember" xlink:to="bac_NonAgencyResidentialMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NonAgencyResidentialMember_lbl" xml:lang="en-US"> Non-Agency Residential MBS [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NonAgencyResidentialMember_lbl" xml:lang="en-US"> Non Agency Residential. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/non-gaap/dei-2009-01-31.xsd#dei_DocumentFiscalYearFocus" xlink:label="dei_DocumentFiscalYearFocus"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFiscalYearFocus" xlink:to="lab_DocumentFiscalYearFocus"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DocumentFiscalYearFocus" xml:lang="en-US"> Document Fiscal Year Focus </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/non-gaap/dei-2009-01-31.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="dei_DocumentFiscalPeriodFocus"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFiscalPeriodFocus" xlink:to="lab_DocumentFiscalPeriodFocus"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DocumentFiscalPeriodFocus" xml:lang="en-US"> Document Fiscal Period Focus </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DerivativesDetailsAbstract" xlink:label="bac_DerivativesDetailsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DerivativesDetailsAbstract" xlink:to="bac_DerivativesDetailsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DerivativesDetailsAbstract_lbl" xml:lang="en-US"> Derivatives (Details) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DerivativesDetailsAbstract_lbl" xml:lang="en-US"> Derivatives. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CreditDerivativeMaximumExposureUndiscounted" xlink:label="us-gaap_CreditDerivativeMaximumExposureUndiscounted"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CreditDerivativeMaximumExposureUndiscounted" xlink:to="lab_CreditDerivativeMaximumExposureUndiscounted"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_CreditDerivativeMaximumExposureUndiscounted" xml:lang="en-US"> Maximum Payout/Notional </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CreditDerivativeMaximumExposureUndiscounted" xml:lang="en-US"> Credit Derivative, Maximum Exposure, Undiscounted </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CreditDerivativeCurrentFairValue" xlink:label="us-gaap_CreditDerivativeCurrentFairValue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CreditDerivativeCurrentFairValue" xlink:to="lab_CreditDerivativeCurrentFairValue"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_CreditDerivativeCurrentFairValue" xml:lang="en-US"> Carrying Value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CreditDerivativeCurrentFairValue" xml:lang="en-US"> Credit Derivative, Current Fair Value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ExternalCreditRatingNonInvestmentGradeMember" xml:lang="en-US"> Non-investment grade </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CarryingValueAxis" xlink:label="bac_CarryingValueAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CarryingValueAxis" xlink:to="bac_CarryingValueAxis_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CarryingValueAxis_lbl" xml:lang="en-US"> Carrying Value [Axis] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CarryingValueAxis_lbl" xml:lang="en-US"> Carrying Value. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CarryingValueDomain" xlink:label="bac_CarryingValueDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CarryingValueDomain" xlink:to="bac_CarryingValueDomain_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CarryingValueDomain_lbl" xml:lang="en-US"> Carrying Value [Domain] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CarryingValueDomain_lbl" xml:lang="en-US"> Carrying Value. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CarryingValueLessthanOneYearMember" xlink:label="bac_CarryingValueLessthanOneYearMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CarryingValueLessthanOneYearMember" xlink:to="bac_CarryingValueLessthanOneYearMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CarryingValueLessthanOneYearMember_lbl" xml:lang="en-US"> Carrying Value Less than One Year [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CarryingValueLessthanOneYearMember_lbl" xml:lang="en-US"> Carrying Value Less than One Year. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CarryingValueOneToThreeYearsMember" xlink:label="bac_CarryingValueOneToThreeYearsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CarryingValueOneToThreeYearsMember" xlink:to="bac_CarryingValueOneToThreeYearsMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CarryingValueOneToThreeYearsMember_lbl" xml:lang="en-US"> Carrying Value One to Three Years [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CarryingValueOneToThreeYearsMember_lbl" xml:lang="en-US"> Carrying Value One to Three Years. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ThreeToFiveYearsMember" xlink:label="bac_ThreeToFiveYearsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ThreeToFiveYearsMember" xlink:to="bac_ThreeToFiveYearsMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ThreeToFiveYearsMember_lbl" xml:lang="en-US"> Three to Five Years [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ThreeToFiveYearsMember_lbl" xml:lang="en-US"> Three to Five Years. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_OverFiveYearsMember" xlink:label="bac_OverFiveYearsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_OverFiveYearsMember" xlink:to="bac_OverFiveYearsMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_OverFiveYearsMember_lbl" xml:lang="en-US"> Over Five Years [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_OverFiveYearsMember_lbl" xml:lang="en-US"> Over Five Years. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_GrossDerivativeAssetsTradingActivitiesAndAsEconomicHedges" xlink:label="bac_GrossDerivativeAssetsTradingActivitiesAndAsEconomicHedges"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_GrossDerivativeAssetsTradingActivitiesAndAsEconomicHedges" xlink:to="bac_GrossDerivativeAssetsTradingActivitiesAndAsEconomicHedges_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_GrossDerivativeAssetsTradingActivitiesAndAsEconomicHedges_lbl" xml:lang="en-US"> Gross Derivative Assets Trading Activities And As Economic Hedges </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_GrossDerivativeAssetsTradingActivitiesAndAsEconomicHedges_lbl" xml:lang="en-US"> Trading Derivatives and Economic Hedges </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_GrossDerivativeAssetsTradingActivitiesAndAsEconomicHedges_lbl" 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). </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_GrossDerivativeLiabilitiesTradingActivitiesAndAsEconomicHedges" xlink:label="bac_GrossDerivativeLiabilitiesTradingActivitiesAndAsEconomicHedges"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_GrossDerivativeLiabilitiesTradingActivitiesAndAsEconomicHedges" xlink:to="bac_GrossDerivativeLiabilitiesTradingActivitiesAndAsEconomicHedges_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_GrossDerivativeLiabilitiesTradingActivitiesAndAsEconomicHedges_lbl" xml:lang="en-US"> Gross Derivative Liabilities Trading Activities And As Economic Hedges </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_GrossDerivativeLiabilitiesTradingActivitiesAndAsEconomicHedges_lbl" xml:lang="en-US"> Trading Derivatives and Economic Hedges </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_GrossDerivativeLiabilitiesTradingActivitiesAndAsEconomicHedges_lbl" 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). </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DerivativeFairValueOfDerivativeAsset" xml:lang="en-US"> Gross derivative assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_DerivativeFairValueOfDerivativeAsset" xml:lang="en-US"> Derivative Asset, Fair Value, Total </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_GainLossOnFairValueHedgeIneffectivenessNet" xlink:label="us-gaap_GainLossOnFairValueHedgeIneffectivenessNet"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GainLossOnFairValueHedgeIneffectivenessNet" xlink:to="lab_GainLossOnFairValueHedgeIneffectivenessNet"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_GainLossOnFairValueHedgeIneffectivenessNet" xml:lang="en-US"> Hedge Ineffectiveness </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_GainLossOnFairValueHedgeIneffectivenessNet" xml:lang="en-US"> Gain (Loss) on Fair Value Hedge Ineffectiveness, Net, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_GainLossOnFairValueHedgeIneffectivenessNet" xml:lang="en-US"> Gain (Loss) on Fair Value Hedge Ineffectiveness, Net </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_OtherRevenue" xlink:label="bac_OtherRevenue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_OtherRevenue" xlink:to="bac_OtherRevenue_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_OtherRevenue_lbl" xml:lang="en-US"> Other Revenue </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_OtherRevenue_lbl" xml:lang="en-US"> Other Revenues </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_OtherRevenue_lbl" xml:lang="en-US"> Represents investment and brokerage services and other income. Investment and brokerage services revenue is 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. This also includes other income which represents other forms of revenue earned, excluding interest, which is not otherwise specified in the taxonomy. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CashFlowHedgeGainLossReclassifiedToInvestmentIncomeNet" xlink:label="us-gaap_CashFlowHedgeGainLossReclassifiedToInvestmentIncomeNet"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashFlowHedgeGainLossReclassifiedToInvestmentIncomeNet" xlink:to="lab_CashFlowHedgeGainLossReclassifiedToInvestmentIncomeNet"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_CashFlowHedgeGainLossReclassifiedToInvestmentIncomeNet" xml:lang="en-US"> Reclassification from OCI reduced interest income on assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_CashFlowHedgeGainLossReclassifiedToInvestmentIncomeNet" xml:lang="en-US"> Cash Flow Hedge Gain (Loss) Reclassified to Investment Income, Net, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CashFlowHedgeGainLossReclassifiedToInvestmentIncomeNet" xml:lang="en-US"> Cash Flow Hedge Gain (Loss) Reclassified to Investment Income, Net </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CashFlowHedgeGainLossReclassifiedToInterestExpenseNet" xlink:label="us-gaap_CashFlowHedgeGainLossReclassifiedToInterestExpenseNet"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashFlowHedgeGainLossReclassifiedToInterestExpenseNet" xlink:to="lab_CashFlowHedgeGainLossReclassifiedToInterestExpenseNet"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_CashFlowHedgeGainLossReclassifiedToInterestExpenseNet" xml:lang="en-US"> Reclassification from OCI increased interest expense on liabilities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CashFlowHedgeGainLossReclassifiedToInterestExpenseNet" xml:lang="en-US"> Cash Flow Hedge Gain (Loss) Reclassified to Interest Expense, Net </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_CashFlowHedgeGainLossReclassifiedToInterestExpenseNet" xml:lang="en-US"> Cash Flow Hedge Gain (Loss) Reclassified to Interest Expense, Net, Total </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CarryingValueOfWrittenCreditDerivatives" xlink:label="bac_CarryingValueOfWrittenCreditDerivatives"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CarryingValueOfWrittenCreditDerivatives" xlink:to="bac_CarryingValueOfWrittenCreditDerivatives_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CarryingValueOfWrittenCreditDerivatives_lbl" xml:lang="en-US"> Carrying value of written credit derivatives </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CarryingValueOfWrittenCreditDerivatives_lbl" 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. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CarryingValueOfWrittenCreditDerivatives_lbl" xml:lang="en-US"> Carrying value of written credit derivatives </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NotionalAmountOfWrittenCreditDerivatives" xlink:label="bac_NotionalAmountOfWrittenCreditDerivatives"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NotionalAmountOfWrittenCreditDerivatives" xlink:to="bac_NotionalAmountOfWrittenCreditDerivatives_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NotionalAmountOfWrittenCreditDerivatives_lbl" xml:lang="en-US"> Notional amount of written credit derivatives </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NotionalAmountOfWrittenCreditDerivatives_lbl" xml:lang="en-US"> Represents the notional amount of written credit derivatives for which purchased credit derivatives with identical underlying referenced names were held in order to offset exposure. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NotionalAmountOfWrittenCreditDerivatives_lbl" xml:lang="en-US"> Notional amount of written credit derivatives </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_HeldToMaturitySecuritiesFairValue" xml:lang="en-US"> Fair value of HTM debt securities </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_AvailableForSaleSecuritiesGrossRealizedGains" xlink:label="us-gaap_AvailableForSaleSecuritiesGrossRealizedGains"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AvailableForSaleSecuritiesGrossRealizedGains" xlink:to="lab_AvailableForSaleSecuritiesGrossRealizedGains"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_AvailableForSaleSecuritiesGrossRealizedGains" xml:lang="en-US"> Gross gains </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_AvailableForSaleSecuritiesGrossRealizedGains" xml:lang="en-US"> Available-for-sale Securities, Gross Realized Gains </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_AvailableForSaleSecuritiesGrossRealizedLosses" xlink:label="us-gaap_AvailableForSaleSecuritiesGrossRealizedLosses"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AvailableForSaleSecuritiesGrossRealizedLosses" xlink:to="lab_AvailableForSaleSecuritiesGrossRealizedLosses"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_AvailableForSaleSecuritiesGrossRealizedLosses" xml:lang="en-US"> Gross losses </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_AvailableForSaleSecuritiesGrossRealizedLosses" xml:lang="en-US"> Available-for-sale Securities, Gross Realized Losses </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_AvailableForSaleSecuritiesGrossRealizedGainLossNet" xlink:label="us-gaap_AvailableForSaleSecuritiesGrossRealizedGainLossNet"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AvailableForSaleSecuritiesGrossRealizedGainLossNet" xlink:to="lab_AvailableForSaleSecuritiesGrossRealizedGainLossNet"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_AvailableForSaleSecuritiesGrossRealizedGainLossNet" xml:lang="en-US"> Net gains on sales of debt securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_AvailableForSaleSecuritiesGrossRealizedGainLossNet" xml:lang="en-US"> Available-for-sale Securities, Gross Realized Gain (Loss), Net </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue" xlink:label="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue" xlink:to="lab_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue" xml:lang="en-US"> Due in One Year or Less </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue" xml:lang="en-US"> Available-for-sale Securities, Debt Maturities, within One Year, Fair Value </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost" xlink:label="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost" xlink:to="lab_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost" xml:lang="en-US"> Due in One Year or Less </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost" xml:lang="en-US"> Available-for-sale Securities, Debt Maturities, within One Year, Amortized Cost </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue" xlink:label="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue" xlink:to="lab_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue" xml:lang="en-US"> Due after One Year through Five Years </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue" xml:lang="en-US"> Available-for-sale Securities, Debt Maturities, after One Through Five Years, Fair Value </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost" xlink:label="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost" xlink:to="lab_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost" xml:lang="en-US"> Due after One Year through Five Years </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost" xml:lang="en-US"> Available-for-sale Securities, Debt Maturities, after One Through Five Years, Amortized Cost </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost" xml:lang="en-US"> Due in One Year or Less </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue" xlink:label="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue" xlink:to="lab_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue" xml:lang="en-US"> Due after Five Years through Ten Years </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue" xml:lang="en-US"> Available-for-sale Securities, Debt Maturities, after Five Through Ten Years, Fair Value </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost" xlink:label="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost" xlink:to="lab_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost" xml:lang="en-US"> Due after Five Years through Ten Years </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost" xml:lang="en-US"> Available-for-sale Securities, Debt Maturities, after Five Through Ten Years, Amortized Cost </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue" xlink:label="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue" xlink:to="lab_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue" xml:lang="en-US"> Due after Ten Years </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue" xml:lang="en-US"> Available-for-sale Securities, Debt Maturities, after Ten Years, Fair Value </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost" xlink:label="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost" xlink:to="lab_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost" xml:lang="en-US"> Due after Ten Years </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost" xml:lang="en-US"> Available-for-sale Securities, Debt Maturities, after Ten Years, Amortized Cost </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesFairValue" xlink:label="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesFairValue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesFairValue" xlink:to="lab_AvailableForSaleSecuritiesDebtMaturitiesFairValue"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_AvailableForSaleSecuritiesDebtMaturitiesFairValue" xml:lang="en-US"> Total - Available-for-sale debt securities, Fair Value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_AvailableForSaleSecuritiesDebtMaturitiesFairValue" xml:lang="en-US"> Available-for-sale Securities, Debt Maturities, Fair Value, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_AvailableForSaleSecuritiesDebtMaturitiesFairValue" xml:lang="en-US"> Available-for-sale Securities, Debt Maturities, Fair Value </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost" xlink:label="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost" xlink:to="lab_AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost" xml:lang="en-US"> Available-for-sale Securities, Debt Maturities, Amortized Cost </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost" xml:lang="en-US"> Amortized Cost - Available-for-Sale Debt Securities </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DueAfterTenYearsMember" xlink:label="bac_DueAfterTenYearsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DueAfterTenYearsMember" xlink:to="bac_DueAfterTenYearsMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DueAfterTenYearsMember_lbl" xml:lang="en-US"> Due After Ten Years [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DueAfterTenYearsMember_lbl" xml:lang="en-US"> Due After Ten Years. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DueAfterFiveYearsThroughTenYearsMember_lbl" xml:lang="en-US"> Due After Five Years Through Ten Years. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DueAfterFiveYearsThroughTenYearsMember" xlink:label="bac_DueAfterFiveYearsThroughTenYearsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DueAfterFiveYearsThroughTenYearsMember" xlink:to="bac_DueAfterFiveYearsThroughTenYearsMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DueAfterFiveYearsThroughTenYearsMember_lbl" xml:lang="en-US"> Due After Five Years Through Ten Years [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DueAfterOneYearThroughFiveYearsMember_lbl" xml:lang="en-US"> Due After One Year Through Five Years. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DueAfterOneYearThroughFiveYearsMember" xlink:label="bac_DueAfterOneYearThroughFiveYearsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DueAfterOneYearThroughFiveYearsMember" xlink:to="bac_DueAfterOneYearThroughFiveYearsMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DueAfterOneYearThroughFiveYearsMember_lbl" xml:lang="en-US"> Due After One Year Through Five Years [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DueInOneYearOrLessMember_lbl" xml:lang="en-US"> Due In One Year Or Less. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DueInOneYearOrLessMember" xlink:label="bac_DueInOneYearOrLessMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DueInOneYearOrLessMember" xlink:to="bac_DueInOneYearOrLessMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DueInOneYearOrLessMember_lbl" xml:lang="en-US"> Due In One Year Or Less [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AmortizedCostMember_lbl" xml:lang="en-US"> Amortized Cost. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AmortizedCostMember" xlink:label="bac_AmortizedCostMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AmortizedCostMember" xlink:to="bac_AmortizedCostMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AmortizedCostMember_lbl" xml:lang="en-US"> Amortized Cost [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SpotFuturesAndForwardsMember_lbl" xml:lang="en-US"> Spot Futures And Forwards. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SpotFuturesAndForwardsMember" xlink:label="bac_SpotFuturesAndForwardsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SpotFuturesAndForwardsMember" xlink:to="bac_SpotFuturesAndForwardsMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SpotFuturesAndForwardsMember_lbl" xml:lang="en-US"> Spot Futures and Forwards [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis" xlink:label="us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis" xlink:to="lab_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis" xml:lang="en-US"> Schedule of Equity Method Investment, Equity Method Investee, Name [Axis] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_EquityMethodInvesteeNameDomain" xlink:label="us-gaap_EquityMethodInvesteeNameDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EquityMethodInvesteeNameDomain" xlink:to="lab_EquityMethodInvesteeNameDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_EquityMethodInvesteeNameDomain" xml:lang="en-US"> Equity Method Investee, Name [Domain] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ScheduleOfGainLossOnInvestmentsIncludingMarketableSecuritiesAndInvestmentsHeldAtCostReportedAmountsByCategoryAxis" xlink:label="us-gaap_ScheduleOfGainLossOnInvestmentsIncludingMarketableSecuritiesAndInvestmentsHeldAtCostReportedAmountsByCategoryAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfGainLossOnInvestmentsIncludingMarketableSecuritiesAndInvestmentsHeldAtCostReportedAmountsByCategoryAxis" xlink:to="lab_ScheduleOfGainLossOnInvestmentsIncludingMarketableSecuritiesAndInvestmentsHeldAtCostReportedAmountsByCategoryAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ScheduleOfGainLossOnInvestmentsIncludingMarketableSecuritiesAndInvestmentsHeldAtCostReportedAmountsByCategoryAxis" xml:lang="en-US"> Schedule of Gain (Loss) on Investments, Including Marketable Securities and Investments Held at Cost, Reported Amounts, by Category [Axis] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_GainLossOnInvestmentsIncludingMarketableSecuritiesAndInvestmentsHeldAtCostCategoriesOfInvestmentsDomain" xlink:label="us-gaap_GainLossOnInvestmentsIncludingMarketableSecuritiesAndInvestmentsHeldAtCostCategoriesOfInvestmentsDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GainLossOnInvestmentsIncludingMarketableSecuritiesAndInvestmentsHeldAtCostCategoriesOfInvestmentsDomain" xlink:to="lab_GainLossOnInvestmentsIncludingMarketableSecuritiesAndInvestmentsHeldAtCostCategoriesOfInvestmentsDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_GainLossOnInvestmentsIncludingMarketableSecuritiesAndInvestmentsHeldAtCostCategoriesOfInvestmentsDomain" xml:lang="en-US"> Gain (Loss) on Investments, Including Marketable Securities and Investments Held at Cost, Categories of Investments [Domain] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_SeveranceCosts" xml:lang="en-US"> Severance and employee-related charges </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bac_SystemsIntegrationsAndRelatedCharges_lbl" xml:lang="en-US"> Systems integrations and related charges </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_OtherRestructuringCosts" xml:lang="en-US"> Other </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_PlanAssetCategoriesDomain" xlink:label="us-gaap_PlanAssetCategoriesDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PlanAssetCategoriesDomain" xlink:to="us-gaap_PlanAssetCategoriesDomain_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PlanAssetCategoriesDomain_lbl" xml:lang="en-US"> Plan Asset Categories [Domain] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AllowanceForCreditLossesTablesAbstract" xlink:label="bac_AllowanceForCreditLossesTablesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AllowanceForCreditLossesTablesAbstract" xlink:to="bac_AllowanceForCreditLossesTablesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AllowanceForCreditLossesTablesAbstract_lbl" xml:lang="en-US"> Allowance for Credit Losses (Tables) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AllowanceForCreditLossesTablesAbstract_lbl" xml:lang="en-US"> Allowance for Credit Losses. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AllowanceForCreditLossesDetailsAbstract" xlink:label="bac_AllowanceForCreditLossesDetailsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AllowanceForCreditLossesDetailsAbstract" xlink:to="bac_AllowanceForCreditLossesDetailsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AllowanceForCreditLossesDetailsAbstract_lbl" xml:lang="en-US"> Allowance for Credit Losses (Details) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AllowanceForCreditLossesDetailsAbstract_lbl" xml:lang="en-US"> Allowance for Credit Losses. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ProvisionForLoanAndLeaseLosses" xlink:label="us-gaap_ProvisionForLoanAndLeaseLosses"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProvisionForLoanAndLeaseLosses" xlink:to="lab_ProvisionForLoanAndLeaseLosses"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ProvisionForLoanAndLeaseLosses" xml:lang="en-US"> Provision for loan and lease losses </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_ProvisionForLoanAndLeaseLosses" xml:lang="en-US"> Provision for loan and lease losses </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ProvisionForLoanAndLeaseLosses" xml:lang="en-US"> Provision for Loan and Lease Losses </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ProvisionForUnfundedLendingCommitments" xlink:label="bac_ProvisionForUnfundedLendingCommitments"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ProvisionForUnfundedLendingCommitments" xlink:to="bac_ProvisionForUnfundedLendingCommitments_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ProvisionForUnfundedLendingCommitments_lbl" xml:lang="en-US"> Provision for unfunded lending commitments </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ProvisionForUnfundedLendingCommitments_lbl" xml:lang="en-US"> The sum of the periodic provision charged to operations, based on an assessment of the uncollectibility 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). </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ProvisionForUnfundedLendingCommitments_lbl" xml:lang="en-US"> Provision for unfunded lending commitments </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ProvisionForOtherLosses" xlink:label="us-gaap_ProvisionForOtherLosses"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProvisionForOtherLosses" xlink:to="lab_ProvisionForOtherLosses"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ProvisionForOtherLosses" xml:lang="en-US"> Other </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_ProvisionForOtherLosses" xml:lang="en-US"> Other </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ProvisionForOtherLosses" xml:lang="en-US"> Provision for Other Losses </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ProvisionForOtherUnfundedLendingCommitments" xlink:label="bac_ProvisionForOtherUnfundedLendingCommitments"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ProvisionForOtherUnfundedLendingCommitments" xlink:to="bac_ProvisionForOtherUnfundedLendingCommitments_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ProvisionForOtherUnfundedLendingCommitments_lbl" xml:lang="en-US"> Provision For Other Unfunded Lending Commitments </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_ProvisionForOtherUnfundedLendingCommitments_lbl" xml:lang="en-US"> Other </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ProvisionForOtherUnfundedLendingCommitments_lbl" xml:lang="en-US"> Other </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ProvisionForOtherUnfundedLendingCommitments_lbl" xml:lang="en-US"> Represents other changes to the Reserve for Unfunded Lending Commitments (including additions from acquisitions). </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AllowanceForCreditLosses" xlink:label="bac_AllowanceForCreditLosses"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AllowanceForCreditLosses" xlink:to="bac_AllowanceForCreditLosses_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AllowanceForCreditLosses_lbl" xml:lang="en-US"> Allowance For Credit Losses </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_AllowanceForCreditLosses_lbl" xml:lang="en-US"> Allowance for credit losses, December 31 </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AllowanceForCreditLosses_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MortgageRelatedSecuritizationsTextBlock" xlink:label="bac_MortgageRelatedSecuritizationsTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MortgageRelatedSecuritizationsTextBlock" xlink:to="bac_MortgageRelatedSecuritizationsTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MortgageRelatedSecuritizationsTextBlock_lbl" xml:lang="en-US"> Mortgage related Securitizations Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_MortgageRelatedSecuritizationsTextBlock_lbl" xml:lang="en-US"> Mortgage-related Securitizations </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MortgageRelatedSecuritizationsTextBlock_lbl" xml:lang="en-US"> Mortgage-related Securitizations. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SecuritizationsRelatedToCreditCardTextBlock" xlink:label="bac_SecuritizationsRelatedToCreditCardTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SecuritizationsRelatedToCreditCardTextBlock" xlink:to="bac_SecuritizationsRelatedToCreditCardTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SecuritizationsRelatedToCreditCardTextBlock_lbl" xml:lang="en-US"> Securitizations related to credit card Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_SecuritizationsRelatedToCreditCardTextBlock_lbl" xml:lang="en-US"> Securitizations related to credit card </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SecuritizationsRelatedToCreditCardTextBlock_lbl" xml:lang="en-US"> Securitizations related to credit card. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PrincipalBalanceOutstanding" xlink:label="bac_PrincipalBalanceOutstanding"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PrincipalBalanceOutstanding" xlink:to="bac_PrincipalBalanceOutstanding_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PrincipalBalanceOutstanding_lbl" xml:lang="en-US"> Principal balance outstanding </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PrincipalBalanceOutstanding_lbl" xml:lang="en-US"> This represents the principal balance outstanding on loans the Corporation transferred and includes those where the Corporation has continuing involvement with, which may include servicing the loans. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PrincipalBalanceOutstanding_lbl" xml:lang="en-US"> Principal balance outstanding </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_PaymentsToAcquireAvailableForSaleSecuritiesDebt" xml:lang="en-US"> Available-for-sale debt securities </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SeniorSecuritiesHeldMember" xlink:label="bac_SeniorSecuritiesHeldMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SeniorSecuritiesHeldMember" xlink:to="bac_SeniorSecuritiesHeldMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SeniorSecuritiesHeldMember_lbl" xml:lang="en-US"> Senior securities held [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SeniorSecuritiesHeldMember_lbl" xml:lang="en-US"> Senior securities held. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SubordinatedSecuritiesHeldMember" xlink:label="bac_SubordinatedSecuritiesHeldMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SubordinatedSecuritiesHeldMember" xlink:to="bac_SubordinatedSecuritiesHeldMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SubordinatedSecuritiesHeldMember_lbl" xml:lang="en-US"> Subordinate securities held [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SubordinatedSecuritiesHeldMember_lbl" xml:lang="en-US"> Subordinated securities held. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MortgageRelatedSecuritizationsAbstract" xlink:label="bac_MortgageRelatedSecuritizationsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MortgageRelatedSecuritizationsAbstract" xlink:to="bac_MortgageRelatedSecuritizationsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MortgageRelatedSecuritizationsAbstract_lbl" xml:lang="en-US"> Mortgage Related Securitizations Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_MortgageRelatedSecuritizationsAbstract_lbl" xml:lang="en-US"> Mortgage-related Securitizations </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MortgageRelatedSecuritizationsAbstract_lbl" xml:lang="en-US"> Mortgage-related Securitizations. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CreditCardMember" xlink:label="bac_CreditCardMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CreditCardMember" xlink:to="bac_CreditCardMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CreditCardMember_lbl" xml:lang="en-US"> Credit Card [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CreditCardMember_lbl" xml:lang="en-US"> Credit Card. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ResidualInterestsHeld" xlink:label="bac_ResidualInterestsHeld"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ResidualInterestsHeld" xlink:to="bac_ResidualInterestsHeld_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ResidualInterestsHeld_lbl" xml:lang="en-US"> Residual interests held </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ResidualInterestsHeld_lbl" xml:lang="en-US"> This represents the on-balance sheet assets that are a retained beneficial interest in a securitization accounted for as a sale, and that exposes the Corporation to any credit risk directly or indirectly associated with the transferred asset that exceeds a pro rata share of that Corporation's claim on the asset. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ResidualInterestsHeld_lbl" xml:lang="en-US"> Residual interests held </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ServicingAssetsAtFairValueByTypeOfFinancialInstrumentAxis" xlink:label="us-gaap_ServicingAssetsAtFairValueByTypeOfFinancialInstrumentAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ServicingAssetsAtFairValueByTypeOfFinancialInstrumentAxis" xlink:to="lab_ServicingAssetsAtFairValueByTypeOfFinancialInstrumentAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ServicingAssetsAtFairValueByTypeOfFinancialInstrumentAxis" xml:lang="en-US"> Servicing Assets at Fair Value by Types of Financial instrument [Axis] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain" xlink:label="us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain" xlink:to="lab_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain" xml:lang="en-US"> Types of Financial Instruments [Domain] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_HomeEquityMember" xlink:label="us-gaap_HomeEquityMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_HomeEquityMember" xlink:to="lab_HomeEquityMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_HomeEquityMember" xml:lang="en-US"> Home Equity [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis" xlink:label="us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis" xlink:to="lab_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis" xml:lang="en-US"> Accounts, Notes, Loans and Financing Receivable by Receivable Type [Axis] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="us-gaap_ReceivableTypeDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ReceivableTypeDomain" xlink:to="lab_ReceivableTypeDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ReceivableTypeDomain" xml:lang="en-US"> Receivable Type [Domain] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ChangesInAllowanceForCreditLossesTextBlock" xlink:label="bac_ChangesInAllowanceForCreditLossesTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ChangesInAllowanceForCreditLossesTextBlock" xlink:to="bac_ChangesInAllowanceForCreditLossesTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ChangesInAllowanceForCreditLossesTextBlock_lbl" xml:lang="en-US"> Changes In The Allowance For Credit Losses Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ChangesInAllowanceForCreditLossesTextBlock_lbl" xml:lang="en-US"> Changes In The Allowance For Credit Losses Text Block. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ChangesInAllowanceForCreditLossesTextBlock_lbl" xml:lang="en-US"> Changes in the allowance for credit losses </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ChangesInAllowanceForCreditLossesAbstract" xlink:label="bac_ChangesInAllowanceForCreditLossesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ChangesInAllowanceForCreditLossesAbstract" xlink:to="bac_ChangesInAllowanceForCreditLossesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ChangesInAllowanceForCreditLossesAbstract_lbl" xml:lang="en-US"> Changes In The Allowance For Credit Losses [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ChangesInAllowanceForCreditLossesAbstract_lbl" xml:lang="en-US"> Changes in the allowance for credit losses </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ChangesInAllowanceForCreditLossesAbstract_lbl" xml:lang="en-US"> Changes in the allowance for credit losses abstract. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AllowanceForCreditLossesTextualsAbstract" xlink:label="bac_AllowanceForCreditLossesTextualsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AllowanceForCreditLossesTextualsAbstract" xlink:to="bac_AllowanceForCreditLossesTextualsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AllowanceForCreditLossesTextualsAbstract_lbl" xml:lang="en-US"> Allowance for Credit Losses (Textuals) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AllowanceForCreditLossesTextualsAbstract_lbl" xml:lang="en-US"> Allowance For Credit Losses Textuals. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AllowanceForCreditLossesTextualsAbstract_lbl" xml:lang="en-US"> Allowance for Credit Losses (Textuals) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ServicingAdvancesOnConsumerMortgageLoans_lbl" xml:lang="en-US"> Servicing advances on consumer mortgage loans </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ServicingAdvancesOnCommercialMortgageLoans" xlink:label="bac_ServicingAdvancesOnCommercialMortgageLoans"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ServicingAdvancesOnCommercialMortgageLoans" xlink:to="bac_ServicingAdvancesOnCommercialMortgageLoans_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ServicingAdvancesOnCommercialMortgageLoans_lbl" xml:lang="en-US"> Servicing advances on commercial mortgage loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ServicingAdvancesOnCommercialMortgageLoans_lbl" xml:lang="en-US"> This represents the servicing advances on commercial mortgage loans serviced, including securitizations where the Corporation 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. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ServicingAdvancesOnCommercialMortgageLoans_lbl" xml:lang="en-US"> Servicing advances on commercial mortgage loans </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ServicingAdvancesOnConsumerMortgageLoans" xlink:label="bac_ServicingAdvancesOnConsumerMortgageLoans"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ServicingAdvancesOnConsumerMortgageLoans" xlink:to="bac_ServicingAdvancesOnConsumerMortgageLoans_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ServicingAdvancesOnConsumerMortgageLoans_lbl" xml:lang="en-US"> Servicing advances on consumer mortgage loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ServicingAdvancesOnConsumerMortgageLoans_lbl" xml:lang="en-US"> This represents the servicing advances on consumer mortgage loans serviced, including securitizations where the Corporation 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. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_BeneficialInterest" xlink:label="us-gaap_BeneficialInterest"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_BeneficialInterest" xlink:to="lab_BeneficialInterest"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_BeneficialInterest" xml:lang="en-US"> Beneficial Interest </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_BeneficialInterest" xml:lang="en-US"> Seller's interest </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_BeneficialInterest" xml:lang="en-US"> Seller's interest </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_AllowanceForLoanAndLeaseLossesProvisionForLossGross" xlink:label="us-gaap_AllowanceForLoanAndLeaseLossesProvisionForLossGross"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AllowanceForLoanAndLeaseLossesProvisionForLossGross" xlink:to="lab_AllowanceForLoanAndLeaseLossesProvisionForLossGross"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_AllowanceForLoanAndLeaseLossesProvisionForLossGross" xml:lang="en-US"> Loans and leases charged off </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_AllowanceForLoanAndLeaseLossesProvisionForLossGross" xml:lang="en-US"> Allowance for Loan and Lease Losses, Provision for Loss, Gross </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NonAgencyCommercialMBSMember_lbl" xml:lang="en-US"> Non Agency Commercial MBS Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NonAgencyCommercialMBSMember" xlink:label="bac_NonAgencyCommercialMBSMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NonAgencyCommercialMBSMember" xlink:to="bac_NonAgencyCommercialMBSMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NonAgencyCommercialMBSMember_lbl" xml:lang="en-US"> Non-Agency Commercial MBS [Member] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AdditionalTrustCertificatesOutstandingPertainToHomeEquitySecuritization" xlink:label="bac_AdditionalTrustCertificatesOutstandingPertainToHomeEquitySecuritization"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AdditionalTrustCertificatesOutstandingPertainToHomeEquitySecuritization" xlink:to="bac_AdditionalTrustCertificatesOutstandingPertainToHomeEquitySecuritization_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AdditionalTrustCertificatesOutstandingPertainToHomeEquitySecuritization_lbl" xml:lang="en-US"> Additional trust certificates outstanding pertain to home equity securitization </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AdditionalTrustCertificatesOutstandingPertainToHomeEquitySecuritization_lbl" xml:lang="en-US"> This represents the trust certificates outstanding that pertain to home equity securitization trusts that are expected to enter rapid amortization during the next 12 months. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AdditionalTrustCertificatesOutstandingPertainToHomeEquitySecuritization_lbl" xml:lang="en-US"> Additional trust certificates outstanding pertain to home equity securitization </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MaximumLossExposureForAssetBackedFinancingArrangements" xlink:label="bac_MaximumLossExposureForAssetBackedFinancingArrangements"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MaximumLossExposureForAssetBackedFinancingArrangements" xlink:to="bac_MaximumLossExposureForAssetBackedFinancingArrangements_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MaximumLossExposureForAssetBackedFinancingArrangements_lbl" xml:lang="en-US"> Maximum loss exposure for asset-backed financing arrangements </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MaximumLossExposureForAssetBackedFinancingArrangements_lbl" xml:lang="en-US"> This represents the maximum loss exposure under asset-backed financing arrangements in which the Corporation transferred pools of securities to certain independent third parties. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_MaximumLossExposureForAssetBackedFinancingArrangements_lbl" xml:lang="en-US"> Maximum loss exposure for asset-backed financing arrangements </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DocumentAndEntityInformationAbstract" xlink:label="bac_DocumentAndEntityInformationAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DocumentAndEntityInformationAbstract" xlink:to="bac_DocumentAndEntityInformationAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DocumentAndEntityInformationAbstract_lbl" xml:lang="en-US"> Document and Entity Information [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DocumentAndEntityInformationAbstract_lbl" xml:lang="en-US"> Document And Entity Information. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_AllowanceForLoanAndLeaseLossesRecoveriesOfBadDebts" xlink:label="us-gaap_AllowanceForLoanAndLeaseLossesRecoveriesOfBadDebts"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AllowanceForLoanAndLeaseLossesRecoveriesOfBadDebts" xlink:to="lab_AllowanceForLoanAndLeaseLossesRecoveriesOfBadDebts"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_AllowanceForLoanAndLeaseLossesRecoveriesOfBadDebts" xml:lang="en-US"> Recoveries of loans and leases previously charged off </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_AllowanceForLoanAndLeaseLossesRecoveriesOfBadDebts" xml:lang="en-US"> Allowance for Loan and Lease Losses, Recoveries of Bad Debts </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_AllowanceForLoanAndLeaseLossesProvisionForLossNet" xlink:label="us-gaap_AllowanceForLoanAndLeaseLossesProvisionForLossNet"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AllowanceForLoanAndLeaseLossesProvisionForLossNet" xlink:to="lab_AllowanceForLoanAndLeaseLossesProvisionForLossNet"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_AllowanceForLoanAndLeaseLossesProvisionForLossNet" xml:lang="en-US"> Net charge-offs </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_AllowanceForLoanAndLeaseLossesProvisionForLossNet" xml:lang="en-US"> Allowance for Loan and Lease Losses, Provision for Loss, Net </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_MergerAndRestructuringActivityTablesAbstract_lbl" xml:lang="en-US"> Merger and Restructuring Activity (Tables) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MergerAndRestructuringActivityTablesAbstract_lbl" xml:lang="en-US"> Merger and Restructuring Activity Tables Abstract. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MergerAndRestructuringActivityTablesAbstract" xlink:label="bac_MergerAndRestructuringActivityTablesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MergerAndRestructuringActivityTablesAbstract" xlink:to="bac_MergerAndRestructuringActivityTablesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MergerAndRestructuringActivityTablesAbstract_lbl" xml:lang="en-US"> Merger and Restructuring Activity (Tables) [Abstract] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CashFlowsBetweenSecuritizationSpecialPurposeEntitySPEAndTransferorProceedsFromNewlySecuritizedAssets" xlink:label="us-gaap_CashFlowsBetweenSecuritizationSpecialPurposeEntitySPEAndTransferorProceedsFromNewlySecuritizedAssets"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashFlowsBetweenSecuritizationSpecialPurposeEntitySPEAndTransferorProceedsFromNewlySecuritizedAssets" xlink:to="lab_CashFlowsBetweenSecuritizationSpecialPurposeEntitySPEAndTransferorProceedsFromNewlySecuritizedAssets"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CashFlowsBetweenSecuritizationSpecialPurposeEntitySPEAndTransferorProceedsFromNewlySecuritizedAssets" xml:lang="en-US"> Cash Flows Between Securitization or Asset-backed Financing Arrangement Special Purpose Entity (SPE) and Transferor, Proceeds from Newly Securitized Assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_CashFlowsBetweenSecuritizationSpecialPurposeEntitySPEAndTransferorProceedsFromNewlySecuritizedAssets" xml:lang="en-US"> Cash proceeds from securitization of unconsolidated municipal bond trusts </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_CashFlowsBetweenSecuritizationSpecialPurposeEntitySPEAndTransferorProceedsFromNewlySecuritizedAssets" xml:lang="en-US"> Cash proceeds from new securitizations </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CashFlowsBetweenSecuritizationSpecialPurposeEntitySPEAndTransferorOtherCashFlowsReceivedOnRetainedInterests" xlink:label="us-gaap_CashFlowsBetweenSecuritizationSpecialPurposeEntitySPEAndTransferorOtherCashFlowsReceivedOnRetainedInterests"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashFlowsBetweenSecuritizationSpecialPurposeEntitySPEAndTransferorOtherCashFlowsReceivedOnRetainedInterests" xlink:to="lab_CashFlowsBetweenSecuritizationSpecialPurposeEntitySPEAndTransferorOtherCashFlowsReceivedOnRetainedInterests"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_CashFlowsBetweenSecuritizationSpecialPurposeEntitySPEAndTransferorOtherCashFlowsReceivedOnRetainedInterests" xml:lang="en-US"> Cash flows received on residual interests </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CashFlowsBetweenSecuritizationSpecialPurposeEntitySPEAndTransferorOtherCashFlowsReceivedOnRetainedInterests" xml:lang="en-US"> Cash Flows Between Securitization or Asset-backed Financing Arrangement Special Purpose Entity (SPE) and Transferor, Other Cash Flows Received on Retained Interests </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ServicingFeeAndAncillaryFeeIncomeOnConsumerMortgageLoans" xlink:label="bac_ServicingFeeAndAncillaryFeeIncomeOnConsumerMortgageLoans"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ServicingFeeAndAncillaryFeeIncomeOnConsumerMortgageLoans" xlink:to="bac_ServicingFeeAndAncillaryFeeIncomeOnConsumerMortgageLoans_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ServicingFeeAndAncillaryFeeIncomeOnConsumerMortgageLoans_lbl" xml:lang="en-US"> Servicing fee and ancillary fee income on consumer mortgage loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ServicingFeeAndAncillaryFeeIncomeOnConsumerMortgageLoans_lbl" xml:lang="en-US"> This represents servicing fee and ancillary fee income of consumer mortgage loans. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ServicingFeeAndAncillaryFeeIncomeOnConsumerMortgageLoans_lbl" xml:lang="en-US"> Servicing fee and ancillary fee income on consumer mortgage loans </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ServicingFeeAndAncillaryFeeIncomeOnCommercialMortgageLoans" xlink:label="bac_ServicingFeeAndAncillaryFeeIncomeOnCommercialMortgageLoans"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ServicingFeeAndAncillaryFeeIncomeOnCommercialMortgageLoans" xlink:to="bac_ServicingFeeAndAncillaryFeeIncomeOnCommercialMortgageLoans_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ServicingFeeAndAncillaryFeeIncomeOnCommercialMortgageLoans_lbl" xml:lang="en-US"> Servicing fee and ancillary fee income on commercial mortgage loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ServicingFeeAndAncillaryFeeIncomeOnCommercialMortgageLoans_lbl" xml:lang="en-US"> This represents servicing fee and ancillary fee income of commercial mortgage loans. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ServicingFeeAndAncillaryFeeIncomeOnCommercialMortgageLoans_lbl" xml:lang="en-US"> Servicing fee and ancillary fee income on commercial mortgage loans </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ServicingFeeIncomeRelatedToHomeEquitySecuritizations" xlink:label="bac_ServicingFeeIncomeRelatedToHomeEquitySecuritizations"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ServicingFeeIncomeRelatedToHomeEquitySecuritizations" xlink:to="bac_ServicingFeeIncomeRelatedToHomeEquitySecuritizations_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ServicingFeeIncomeRelatedToHomeEquitySecuritizations_lbl" xml:lang="en-US"> Servicing fee income related to home equity securitizations </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ServicingFeeIncomeRelatedToHomeEquitySecuritizations_lbl" xml:lang="en-US"> This represents servicing fee income on loans in the home equity loan securitization trusts where the Corporation has MSR's. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ServicingFeeIncomeRelatedToHomeEquitySecuritizations_lbl" xml:lang="en-US"> Servicing fee income related to home equity securitizations </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SeniorSecurities" xlink:label="bac_SeniorSecurities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SeniorSecurities" xlink:to="bac_SeniorSecurities_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SeniorSecurities_lbl" xml:lang="en-US"> Senior securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_SeniorSecurities_lbl" xml:lang="en-US"> Senior securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SeniorSecurities_lbl" xml:lang="en-US"> Debt securities classified as trading account assets issued by the securitizations and other variable interest entities that have a senior claim over subordinate securities issued by the securitization trust. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueOfFinancialInstrumentsDisclosureTextBlock" xlink:label="bac_FairValueOfFinancialInstrumentsDisclosureTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueOfFinancialInstrumentsDisclosureTextBlock" xlink:to="bac_FairValueOfFinancialInstrumentsDisclosureTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueOfFinancialInstrumentsDisclosureTextBlock_lbl" xml:lang="en-US"> Fair Value Of Financial Instruments Disclosure Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FairValueOfFinancialInstrumentsDisclosureTextBlock_lbl" xml:lang="en-US"> Fair Value of Financial Instruments </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueOfFinancialInstrumentsDisclosureTextBlock_lbl" xml:lang="en-US"> This item represents the estimated fair value of financial instruments including those carried at fair value. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CorporationRecordedOtherThanTemporaryImpairmentLossesOnDebtSecuritiesAbstract_lbl" xml:lang="en-US"> Corporation recorded other than temporary impairment losses on AFS and HTM debt securities. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CorporationRecordedOtherThanTemporaryImpairmentLossesOnDebtSecuritiesAbstract" xlink:label="bac_CorporationRecordedOtherThanTemporaryImpairmentLossesOnDebtSecuritiesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CorporationRecordedOtherThanTemporaryImpairmentLossesOnDebtSecuritiesAbstract" xlink:to="bac_CorporationRecordedOtherThanTemporaryImpairmentLossesOnDebtSecuritiesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CorporationRecordedOtherThanTemporaryImpairmentLossesOnDebtSecuritiesAbstract_lbl" xml:lang="en-US"> Corporation Recorded Other Than Temporary Impairment Losses On Debt Securities Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CorporationRecordedOtherThanTemporaryImpairmentLossesOnDebtSecuritiesAbstract_lbl" xml:lang="en-US"> Corporation recorded other-than-temporary impairment losses on AFS debt securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_WeightedAverageSeverityByCollateralTypeForPrimeBonds_lbl" xml:lang="en-US"> Weighted-average severity by collateral type for prime bonds </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_WeightedAverageSeverityByCollateralTypeForPrimeBonds" xlink:label="bac_WeightedAverageSeverityByCollateralTypeForPrimeBonds"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_WeightedAverageSeverityByCollateralTypeForPrimeBonds" xlink:to="bac_WeightedAverageSeverityByCollateralTypeForPrimeBonds_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_WeightedAverageSeverityByCollateralTypeForPrimeBonds_lbl" xml:lang="en-US"> Weighted-average severity by collateral type for prime bonds </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_WeightedAverageSeverityByCollateralTypeForPrimeBonds_lbl" xml:lang="en-US"> Represents the weighted-average severity by collateral type for prime bonds which is an assumption used in the valuation of non-agency residential mortgage-backed securities. The loss severity assumption uses loss severity rates that are projected considering collateral characteristics such as LTV, creditworthiness of borrowers and geographic concentration. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_WeightedAverageSeverityByCollateralTypeForSubprimeBonds_lbl" xml:lang="en-US"> Weighted-average severity by collateral type for Subprime bonds </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_WeightedAverageSeverityByCollateralTypeForSubprimeBonds" xlink:label="bac_WeightedAverageSeverityByCollateralTypeForSubprimeBonds"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_WeightedAverageSeverityByCollateralTypeForSubprimeBonds" xlink:to="bac_WeightedAverageSeverityByCollateralTypeForSubprimeBonds_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_WeightedAverageSeverityByCollateralTypeForSubprimeBonds_lbl" xml:lang="en-US"> Weighted-average severity by collateral type for Subprime bonds </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_WeightedAverageSeverityByCollateralTypeForSubprimeBonds_lbl" xml:lang="en-US"> Represents the weighted-average severity by collateral type for subprime bonds which is an assumption used in the valuation of non-agency residential mortgage-backed securities. The loss severity assumption uses loss severity rates that are projected considering collateral characteristics such as LTV, creditworthiness of borrowers and geographic concentration. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NonAgencySecuritizedLoanMember_lbl" xml:lang="en-US"> Non Agency Securitized Loan [Member]. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NonAgencySecuritizedLoanMember" xlink:label="bac_NonAgencySecuritizedLoanMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NonAgencySecuritizedLoanMember" xlink:to="bac_NonAgencySecuritizedLoanMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NonAgencySecuritizedLoanMember_lbl" xml:lang="en-US"> Non Agency Securitized Loan [Member] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PrimeLoanMember" xlink:label="bac_PrimeLoanMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PrimeLoanMember" xlink:to="bac_PrimeLoanMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PrimeLoanMember_lbl" xml:lang="en-US"> Prime Loan [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PrimeLoanMember_lbl" xml:lang="en-US"> Prime Loan [Member]. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SubprimeLoanMember" xlink:label="bac_SubprimeLoanMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SubprimeLoanMember" xlink:to="bac_SubprimeLoanMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SubprimeLoanMember_lbl" xml:lang="en-US"> Subprime Loan [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SubprimeLoanMember_lbl" xml:lang="en-US"> Subprime Loan [Member]. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AlternativeLoanMember" xlink:label="bac_AlternativeLoanMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AlternativeLoanMember" xlink:to="bac_AlternativeLoanMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AlternativeLoanMember_lbl" xml:lang="en-US"> Alternative Loan [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AlternativeLoanMember_lbl" xml:lang="en-US"> Alternative Loan [Member]. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CollateralizedSecuritiesMember" xlink:label="us-gaap_CollateralizedSecuritiesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CollateralizedSecuritiesMember" xlink:to="lab_CollateralizedSecuritiesMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CollateralizedSecuritiesMember" xml:lang="en-US"> Collateralized Securities [Member] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_GoodwillAndIntangibleAssetsTablesAbstract" xlink:label="bac_GoodwillAndIntangibleAssetsTablesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_GoodwillAndIntangibleAssetsTablesAbstract" xlink:to="bac_GoodwillAndIntangibleAssetsTablesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_GoodwillAndIntangibleAssetsTablesAbstract_lbl" xml:lang="en-US"> Goodwill and Intangible Assets (Tables) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_GoodwillAndIntangibleAssetsTablesAbstract_lbl" xml:lang="en-US"> Goodwill and Intangible Assets (Tables) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_GoodwillAndIntangibleAssetsTablesAbstract_lbl" xml:lang="en-US"> Goodwill and Intangible Assets. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ScheduleOfGoodwillTextBlock" xlink:label="us-gaap_ScheduleOfGoodwillTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfGoodwillTextBlock" xlink:to="lab_ScheduleOfGoodwillTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ScheduleOfGoodwillTextBlock" xml:lang="en-US"> Goodwill </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ScheduleOfGoodwillTextBlock" xml:lang="en-US"> Schedule of Goodwill [Text Block] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_GoodwillAndIntangibleAssetsDetailsAbstract" xlink:label="bac_GoodwillAndIntangibleAssetsDetailsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_GoodwillAndIntangibleAssetsDetailsAbstract" xlink:to="bac_GoodwillAndIntangibleAssetsDetailsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_GoodwillAndIntangibleAssetsDetailsAbstract_lbl" xml:lang="en-US"> Goodwill and Intangible Assets (Details) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_GoodwillAndIntangibleAssetsDetailsAbstract_lbl" xml:lang="en-US"> Goodwill and Intangible Assets (Details) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_GoodwillAndIntangibleAssetsDetailsAbstract_lbl" xml:lang="en-US"> Goodwill and Intangible Assets. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_GoodwillAbstract" xlink:label="bac_GoodwillAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_GoodwillAbstract" xlink:to="bac_GoodwillAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_GoodwillAbstract_lbl" xml:lang="en-US"> Goodwill [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_GoodwillAbstract_lbl" xml:lang="en-US"> Goodwill. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ProductLineOneMember" xlink:label="bac_ProductLineOneMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ProductLineOneMember" xlink:to="bac_ProductLineOneMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ProductLineOneMember_lbl" xml:lang="en-US"> Deposits Segment [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ProductLineOneMember_lbl" xml:lang="en-US"> Product Line One. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ProductLineTwoMember" xlink:label="bac_ProductLineTwoMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ProductLineTwoMember" xlink:to="bac_ProductLineTwoMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ProductLineTwoMember_lbl" xml:lang="en-US"> Global Card Services [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ProductLineTwoMember_lbl" xml:lang="en-US"> Product Line Two. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ProductLineThreeMember" xlink:label="bac_ProductLineThreeMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ProductLineThreeMember" xlink:to="bac_ProductLineThreeMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ProductLineThreeMember_lbl" xml:lang="en-US"> Home Loans & Insurance [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ProductLineThreeMember_lbl" xml:lang="en-US"> Product Line Three. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ProductLineFourMember" xlink:label="bac_ProductLineFourMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ProductLineFourMember" xlink:to="bac_ProductLineFourMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ProductLineFourMember_lbl" xml:lang="en-US"> Global Commercial Banking [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ProductLineFourMember_lbl" xml:lang="en-US"> Product Line Four. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ProductLineFiveMember" xlink:label="bac_ProductLineFiveMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ProductLineFiveMember" xlink:to="bac_ProductLineFiveMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ProductLineFiveMember_lbl" xml:lang="en-US"> Global Banking & Markets [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ProductLineFiveMember_lbl" xml:lang="en-US"> Product Line Five. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ProductLineSixMember" xlink:label="bac_ProductLineSixMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ProductLineSixMember" xlink:to="bac_ProductLineSixMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ProductLineSixMember_lbl" xml:lang="en-US"> Global Wealth & Investment Management [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ProductLineSixMember_lbl" xml:lang="en-US"> Product Line Six. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ProductLineSevenMember" xlink:label="bac_ProductLineSevenMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ProductLineSevenMember" xlink:to="bac_ProductLineSevenMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ProductLineSevenMember_lbl" xml:lang="en-US"> All Other [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ProductLineSevenMember_lbl" xml:lang="en-US"> Product Line Seven. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_IntangibleAssetsDisclosureTextBlock" xlink:label="us-gaap_IntangibleAssetsDisclosureTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IntangibleAssetsDisclosureTextBlock" xlink:to="lab_IntangibleAssetsDisclosureTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_IntangibleAssetsDisclosureTextBlock" xml:lang="en-US"> Intangible Assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_IntangibleAssetsDisclosureTextBlock" xml:lang="en-US"> Intangible Assets Disclosure [Text Block] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_IntangibleAssetsAbstract" xlink:label="bac_IntangibleAssetsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_IntangibleAssetsAbstract" xlink:to="bac_IntangibleAssetsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_IntangibleAssetsAbstract_lbl" xml:lang="en-US"> Intangible Assets [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_IntangibleAssetsAbstract_lbl" xml:lang="en-US"> Intangible Assets. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FutureAmortizationExpenseYearOne" xlink:label="us-gaap_FutureAmortizationExpenseYearOne"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FutureAmortizationExpenseYearOne" xlink:to="lab_FutureAmortizationExpenseYearOne"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FutureAmortizationExpenseYearOne" xml:lang="en-US"> Future Amortization Expense, Year One </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_FutureAmortizationExpenseYearOne" xml:lang="en-US"> Estimated aggregate amortization expense, 2011 </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FutureAmortizationExpenseYearTwo" xlink:label="us-gaap_FutureAmortizationExpenseYearTwo"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FutureAmortizationExpenseYearTwo" xlink:to="lab_FutureAmortizationExpenseYearTwo"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_FutureAmortizationExpenseYearTwo" xml:lang="en-US"> Estimated aggregate amortization expense, 2012 </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FutureAmortizationExpenseYearTwo" xml:lang="en-US"> Future Amortization Expense, Year Two </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FutureAmortizationExpenseYearThree" xlink:label="us-gaap_FutureAmortizationExpenseYearThree"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FutureAmortizationExpenseYearThree" xlink:to="lab_FutureAmortizationExpenseYearThree"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_FutureAmortizationExpenseYearThree" xml:lang="en-US"> Estimated aggregate amortization expense, 2013 </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FutureAmortizationExpenseYearThree" xml:lang="en-US"> Future Amortization Expense, Year Three </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FutureAmortizationExpenseYearFour" xlink:label="us-gaap_FutureAmortizationExpenseYearFour"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FutureAmortizationExpenseYearFour" xlink:to="lab_FutureAmortizationExpenseYearFour"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_FutureAmortizationExpenseYearFour" xml:lang="en-US"> Estimated aggregate amortization expense, 2014 </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FutureAmortizationExpenseYearFour" xml:lang="en-US"> Future Amortization Expense, Year Four </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FutureAmortizationExpenseYearFive" xlink:label="us-gaap_FutureAmortizationExpenseYearFive"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FutureAmortizationExpenseYearFive" xlink:to="lab_FutureAmortizationExpenseYearFive"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FutureAmortizationExpenseYearFive" xml:lang="en-US"> Future Amortization Expense, Year Five </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_FutureAmortizationExpenseYearFive" xml:lang="en-US"> Estimates aggregate amortization expense, 2015 </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MultiSellerConduitsMember" xlink:label="bac_MultiSellerConduitsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MultiSellerConduitsMember" xlink:to="bac_MultiSellerConduitsMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MultiSellerConduitsMember_lbl" xml:lang="en-US"> Multi Seller Conduits [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MultiSellerConduitsMember_lbl" xml:lang="en-US"> Multi-Seller Conduits. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CollateralizedDebtObligationsMember" xlink:label="us-gaap_CollateralizedDebtObligationsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CollateralizedDebtObligationsMember" xlink:to="lab_CollateralizedDebtObligationsMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CollateralizedDebtObligationsMember" xml:lang="en-US"> CDO Vehicles [Member] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LeveragedLeaseTrustsMember" xlink:label="bac_LeveragedLeaseTrustsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LeveragedLeaseTrustsMember" xlink:to="bac_LeveragedLeaseTrustsMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LeveragedLeaseTrustsMember_lbl" xml:lang="en-US"> Leveraged Lease Trusts [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LeveragedLeaseTrustsMember_lbl" xml:lang="en-US"> Leveraged Lease Trusts. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_OtherVehiclesMember" xlink:label="bac_OtherVehiclesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_OtherVehiclesMember" xlink:to="bac_OtherVehiclesMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_OtherVehiclesMember_lbl" xml:lang="en-US"> Other VIE's [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_OtherVehiclesMember_lbl" xml:lang="en-US"> Other Vehicles. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_MunicipalBondsMember" xlink:label="us-gaap_MunicipalBondsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_MunicipalBondsMember" xlink:to="lab_MunicipalBondsMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_MunicipalBondsMember" xml:lang="en-US"> Municipal Bond Trusts [Member] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CustomerVehiclesMember" xlink:label="bac_CustomerVehiclesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CustomerVehiclesMember" xlink:to="bac_CustomerVehiclesMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CustomerVehiclesMember_lbl" xml:lang="en-US"> Customer Vehicles [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CustomerVehiclesMember_lbl" xml:lang="en-US"> Customer Vehicles. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_VariableInterestMaximumExposureToLoss" xlink:label="us-gaap_VariableInterestMaximumExposureToLoss"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_VariableInterestMaximumExposureToLoss" xlink:to="lab_VariableInterestMaximumExposureToLoss"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_VariableInterestMaximumExposureToLoss" xml:lang="en-US"> Variable Interest, Maximum Exposure to Loss </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_VariableInterestMaximumExposureToLoss" xml:lang="en-US"> Corporation's total maximum loss exposure to consolidated VIEs </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_VariableInterestMaximumExposureToLoss" xml:lang="en-US"> Corporation's maximum exposure to loss from the Cdo investments </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_VariableInterestMaximumExposureToLoss" xml:lang="en-US"> Maximum loss exposure </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TotalConsolidatedVieMember" xlink:label="bac_TotalConsolidatedVieMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TotalConsolidatedVieMember" xlink:to="bac_TotalConsolidatedVieMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TotalConsolidatedVieMember_lbl" xml:lang="en-US"> Total Consolidated VIEs [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TotalConsolidatedVieMember_lbl" xml:lang="en-US"> Total Consolidated VIE. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TotalUnconsolidatedVariableInterestEntitiesMember" xlink:label="bac_TotalUnconsolidatedVariableInterestEntitiesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TotalUnconsolidatedVariableInterestEntitiesMember" xlink:to="bac_TotalUnconsolidatedVariableInterestEntitiesMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TotalUnconsolidatedVariableInterestEntitiesMember_lbl" xml:lang="en-US"> Total Unconsolidated VIEs [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TotalUnconsolidatedVariableInterestEntitiesMember_lbl" xml:lang="en-US"> Total Unconsolidated VIEs. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_LoansAndLeasesReceivableConsumerInstallmentStudent_lbl" xml:lang="en-US"> Student loans used as collateral </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_VariableInterestCarryingAmountAssets" xlink:label="us-gaap_VariableInterestCarryingAmountAssets"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_VariableInterestCarryingAmountAssets" xlink:to="lab_VariableInterestCarryingAmountAssets"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_VariableInterestCarryingAmountAssets" xml:lang="en-US"> Total assets of VIEs </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_VariableInterestCarryingAmountAssets" xml:lang="en-US"> Variable Interest, Carrying Amount, Assets </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_VariableInterestEntitiesAxis" xlink:label="bac_VariableInterestEntitiesAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_VariableInterestEntitiesAxis" xlink:to="bac_VariableInterestEntitiesAxis_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_VariableInterestEntitiesAxis_lbl" xml:lang="en-US"> Variable Interest Entities [Axis] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_VariableInterestEntitiesAxis_lbl" xml:lang="en-US"> Variable Interest Entities. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_VariableInterestEntitiesDomain" xlink:label="bac_VariableInterestEntitiesDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_VariableInterestEntitiesDomain" xlink:to="bac_VariableInterestEntitiesDomain_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_VariableInterestEntitiesDomain_lbl" xml:lang="en-US"> Variable Interest Entities [Domain] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_VariableInterestEntitiesDomain_lbl" xml:lang="en-US"> Variable Interest Entities. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PurchasedCreditCardRelationshipsMember" xlink:label="bac_PurchasedCreditCardRelationshipsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PurchasedCreditCardRelationshipsMember" xlink:to="bac_PurchasedCreditCardRelationshipsMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PurchasedCreditCardRelationshipsMember_lbl" xml:lang="en-US"> Purchased credit card relationships [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PurchasedCreditCardRelationshipsMember_lbl" xml:lang="en-US"> Purchased credit card relationships. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CoreDepositsMember" xlink:label="us-gaap_CoreDepositsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CoreDepositsMember" xlink:to="lab_CoreDepositsMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CoreDepositsMember" xml:lang="en-US"> Core Deposits [Member] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AffinityRelationshipsMember" xlink:label="bac_AffinityRelationshipsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AffinityRelationshipsMember" xlink:to="bac_AffinityRelationshipsMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AffinityRelationshipsMember_lbl" xml:lang="en-US"> Affinity Relationships [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AffinityRelationshipsMember_lbl" xml:lang="en-US"> Affinity relationships. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_OtherIntangiblesMember" xlink:label="bac_OtherIntangiblesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_OtherIntangiblesMember" xlink:to="bac_OtherIntangiblesMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_OtherIntangiblesMember_lbl" xml:lang="en-US"> Other intangibles [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_OtherIntangiblesMember_lbl" xml:lang="en-US"> Other intangibles. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NonAmortizingOtherIntangiblesMember" xlink:label="bac_NonAmortizingOtherIntangiblesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NonAmortizingOtherIntangiblesMember" xlink:to="bac_NonAmortizingOtherIntangiblesMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NonAmortizingOtherIntangiblesMember_lbl" xml:lang="en-US"> Non-amortizing other intangibles [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NonAmortizingOtherIntangiblesMember_lbl" xml:lang="en-US"> Non-amortizing other intangibles. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_GrossIntangibleAssetsMember" xlink:label="bac_GrossIntangibleAssetsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_GrossIntangibleAssetsMember" xlink:to="bac_GrossIntangibleAssetsMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_GrossIntangibleAssetsMember_lbl" xml:lang="en-US"> Gross intangible assets [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_GrossIntangibleAssetsMember_lbl" xml:lang="en-US"> Gross intangible assets. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsGross" xlink:label="us-gaap_FiniteLivedIntangibleAssetsGross"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FiniteLivedIntangibleAssetsGross" xlink:to="lab_FiniteLivedIntangibleAssetsGross"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FiniteLivedIntangibleAssetsGross" xml:lang="en-US"> Finite Lived Intangible Assets Gross </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_FiniteLivedIntangibleAssetsGross" xml:lang="en-US"> Core deposit intangible assets related to the Merrill Lynch acquisition included in Gross carrying value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_FiniteLivedIntangibleAssetsGross" xml:lang="en-US"> Customer relationships related to the Merrill Lynch acquisition included in Gross carrying value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_FiniteLivedIntangibleAssetsGross" xml:lang="en-US"> Gross Carrying Value </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization" xlink:to="lab_FiniteLivedIntangibleAssetsAccumulatedAmortization"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FiniteLivedIntangibleAssetsAccumulatedAmortization" xml:lang="en-US"> Finite-Lived Intangible Assets, Accumulated Amortization </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_FiniteLivedIntangibleAssetsAccumulatedAmortization" xml:lang="en-US"> Accumulated Amortization </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis" xlink:label="us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis" xlink:to="lab_FiniteLivedIntangibleAssetsByMajorClassAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FiniteLivedIntangibleAssetsByMajorClassAxis" xml:lang="en-US"> Finite-Lived Intangible Assets by Major Class [Axis] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain" xlink:label="us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain" xlink:to="lab_FiniteLivedIntangibleAssetsMajorClassNameDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FiniteLivedIntangibleAssetsMajorClassNameDomain" xml:lang="en-US"> Finite-Lived Intangible Assets, Major Class Name [Domain] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CustomerRelationshipsMember" xlink:label="us-gaap_CustomerRelationshipsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CustomerRelationshipsMember" xlink:to="lab_CustomerRelationshipsMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CustomerRelationshipsMember" xml:lang="en-US"> Customer Relationships [Member] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CommitmentsAndContingenciesDetailsAbstract" xlink:label="bac_CommitmentsAndContingenciesDetailsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CommitmentsAndContingenciesDetailsAbstract" xlink:to="bac_CommitmentsAndContingenciesDetailsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CommitmentsAndContingenciesDetailsAbstract_lbl" xml:lang="en-US"> Commitments and Contingencies (Details) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CommitmentsAndContingenciesDetailsAbstract_lbl" xml:lang="en-US"> Commitments and Contingencies. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CommitmentsAndContingenciesTablesAbstract" xlink:label="bac_CommitmentsAndContingenciesTablesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CommitmentsAndContingenciesTablesAbstract" xlink:to="bac_CommitmentsAndContingenciesTablesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CommitmentsAndContingenciesTablesAbstract_lbl" xml:lang="en-US"> Commitments and Contingencies (Tables) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CommitmentsAndContingenciesTablesAbstract_lbl" xml:lang="en-US"> Commitments and Contingencies. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CreditExtensionCommitmentsTextBlock" xlink:label="bac_CreditExtensionCommitmentsTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CreditExtensionCommitmentsTextBlock" xlink:to="bac_CreditExtensionCommitmentsTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CreditExtensionCommitmentsTextBlock_lbl" xml:lang="en-US"> Credit Extension Commitments Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CreditExtensionCommitmentsTextBlock_lbl" xml:lang="en-US"> Credit Extension Commitments. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CreditExtensionCommitmentsTextBlock_lbl" xml:lang="en-US"> Credit Extension Commitments </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CommitmentsAndContingenciesTextualsAbstract" xlink:label="bac_CommitmentsAndContingenciesTextualsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CommitmentsAndContingenciesTextualsAbstract" xlink:to="bac_CommitmentsAndContingenciesTextualsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CommitmentsAndContingenciesTextualsAbstract_lbl" xml:lang="en-US"> Commitments And Contingencies Textuals Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CommitmentsAndContingenciesTextualsAbstract_lbl" xml:lang="en-US"> Commitments and Contingencies (Textuals) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CommitmentsAndContingenciesTextualsAbstract_lbl" xml:lang="en-US"> Commitments and Contingencies. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CreditExtensionCommitmentsAbstract" xlink:label="bac_CreditExtensionCommitmentsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CreditExtensionCommitmentsAbstract" xlink:to="bac_CreditExtensionCommitmentsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CreditExtensionCommitmentsAbstract_lbl" xml:lang="en-US"> Credit Extension Commitments Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CreditExtensionCommitmentsAbstract_lbl" xml:lang="en-US"> Credit Extension Commitments. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CreditExtensionCommitmentsAbstract_lbl" xml:lang="en-US"> Credit Extension Commitments </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LoanCommitments" xlink:label="bac_LoanCommitments"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LoanCommitments" xlink:to="bac_LoanCommitments_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LoanCommitments_lbl" xml:lang="en-US"> Loan commitments </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LoanCommitments_lbl" xml:lang="en-US"> These represent binding promises from a lender that a specified amount of loan or line of credit will be made available to the named borrower at a certain interest rate, during a certain period and, usually, for a certain purpose. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_LoanCommitments_lbl" xml:lang="en-US"> Loan commitments </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LegallyBindingCommitments" xlink:label="bac_LegallyBindingCommitments"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LegallyBindingCommitments" xlink:to="bac_LegallyBindingCommitments_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LegallyBindingCommitments_lbl" xml:lang="en-US"> Legally binding commitments </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LegallyBindingCommitments_lbl" xml:lang="en-US"> These represent legally binding promises from a lender that a specified amount of loan or line of credit will be made available to the named borrower at a certain interest rate, during a certain period and, usually, for a certain purpose. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_LegallyBindingCommitments_lbl" xml:lang="en-US"> Legally binding commitments </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CreditCardLines" xlink:label="bac_CreditCardLines"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CreditCardLines" xlink:to="bac_CreditCardLines_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CreditCardLines_lbl" xml:lang="en-US"> Credit card lines </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CreditCardLines_lbl" xml:lang="en-US"> These represent the grant of a line of credit to consumers (or users) from which the user can borrow money for payment to a merchant or as a cash advance to the user. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TotalCreditExtensionCommitments" xlink:label="bac_TotalCreditExtensionCommitments"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TotalCreditExtensionCommitments" xlink:to="bac_TotalCreditExtensionCommitments_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TotalCreditExtensionCommitments_lbl" xml:lang="en-US"> Total credit extension commitments </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TotalCreditExtensionCommitments_lbl" xml:lang="en-US"> This represents the total amount of commitments to extend credit. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_TotalCreditExtensionCommitments_lbl" xml:lang="en-US"> Total credit extension commitments </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ReserveForUnfundedLegallyBindingLendingCommitments" xlink:label="bac_ReserveForUnfundedLegallyBindingLendingCommitments"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ReserveForUnfundedLegallyBindingLendingCommitments" xlink:to="bac_ReserveForUnfundedLegallyBindingLendingCommitments_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ReserveForUnfundedLegallyBindingLendingCommitments_lbl" xml:lang="en-US"> Reserve for unfunded legally binding lending commitments </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ReserveForUnfundedLegallyBindingLendingCommitments_lbl" xml:lang="en-US"> The reserve for unfunded lending commitments, including standby letters of credit and binding unfunded loan commitments, represents estimated probable credit losses on these unfunded credit instruments based on utilization assumptions. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ReserveForUnfundedLegallyBindingLendingCommitments_lbl" xml:lang="en-US"> Reserve for unfunded legally binding lending commitments </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NotionalAmountOfCommitmentsUnderFairValueOption" xlink:label="bac_NotionalAmountOfCommitmentsUnderFairValueOption"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NotionalAmountOfCommitmentsUnderFairValueOption" xlink:to="bac_NotionalAmountOfCommitmentsUnderFairValueOption_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NotionalAmountOfCommitmentsUnderFairValueOption_lbl" xml:lang="en-US"> Notional amount of commitments under the fair value option </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NotionalAmountOfCommitmentsUnderFairValueOption_lbl" xml:lang="en-US"> Notional amount of commitments accounted for under the fair value option </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NotionalAmountOfCommitmentsUnderFairValueOption_lbl" xml:lang="en-US"> This represents the notional amount of commitments which are accounted for under the fair value option. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_UnfundedEquityInvestmentCommitments" xlink:label="bac_UnfundedEquityInvestmentCommitments"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_UnfundedEquityInvestmentCommitments" xlink:to="bac_UnfundedEquityInvestmentCommitments_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_UnfundedEquityInvestmentCommitments_lbl" xml:lang="en-US"> Unfunded equity investment commitments </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_UnfundedEquityInvestmentCommitments_lbl" xml:lang="en-US"> This represents the portion of equity investment commitments which are unfunded. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_UnfundedEquityInvestmentCommitments_lbl" xml:lang="en-US"> Unfunded equity investment commitments </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CommitmentToPurchaseResidentialMortgageAndCommercialRealEstateLoans" xlink:label="bac_CommitmentToPurchaseResidentialMortgageAndCommercialRealEstateLoans"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CommitmentToPurchaseResidentialMortgageAndCommercialRealEstateLoans" xlink:to="bac_CommitmentToPurchaseResidentialMortgageAndCommercialRealEstateLoans_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CommitmentToPurchaseResidentialMortgageAndCommercialRealEstateLoans_lbl" xml:lang="en-US"> Commitment to purchase residential mortgage and commercial real estate loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CommitmentToPurchaseResidentialMortgageAndCommercialRealEstateLoans_lbl" 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. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CommitmentToPurchaseResidentialMortgageAndCommercialRealEstateLoans_lbl" xml:lang="en-US"> Commitment to purchase residential mortgage and commercial real estate loans </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CommittedForEnteringIntoForwardDatedResaleAndSecuritiesBorrowingAgreements" xlink:label="bac_CommittedForEnteringIntoForwardDatedResaleAndSecuritiesBorrowingAgreements"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CommittedForEnteringIntoForwardDatedResaleAndSecuritiesBorrowingAgreements" xlink:to="bac_CommittedForEnteringIntoForwardDatedResaleAndSecuritiesBorrowingAgreements_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CommittedForEnteringIntoForwardDatedResaleAndSecuritiesBorrowingAgreements_lbl" xml:lang="en-US"> Committed for entering into forward-dated resale and securities borrowing agreements </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CommittedForEnteringIntoForwardDatedResaleAndSecuritiesBorrowingAgreements_lbl" xml:lang="en-US"> This represents the amount of commitments to enter into forward-dated resale and securities borrowing agreements. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CommittedForEnteringIntoForwardDatedResaleAndSecuritiesBorrowingAgreements_lbl" xml:lang="en-US"> Committed for entering into forward-dated resale and securities borrowing agreements </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CommittedForEnteringIntoForwardDatedRepurchaseAndSecuritiesLendingAgreements" xlink:label="bac_CommittedForEnteringIntoForwardDatedRepurchaseAndSecuritiesLendingAgreements"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CommittedForEnteringIntoForwardDatedRepurchaseAndSecuritiesLendingAgreements" xlink:to="bac_CommittedForEnteringIntoForwardDatedRepurchaseAndSecuritiesLendingAgreements_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CommittedForEnteringIntoForwardDatedRepurchaseAndSecuritiesLendingAgreements_lbl" xml:lang="en-US"> Committed for entering into forward-dated repurchase and securities lending agreements </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CommittedForEnteringIntoForwardDatedRepurchaseAndSecuritiesLendingAgreements_lbl" xml:lang="en-US"> This represents the amount of commitments to enter into forward-dated repurchase and securities lending agreements. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CommittedForEnteringIntoForwardDatedRepurchaseAndSecuritiesLendingAgreements_lbl" xml:lang="en-US"> Committed for entering into forward-dated repurchase and securities lending agreements </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MaturityPeriodOfTheseCommitments" xlink:label="bac_MaturityPeriodOfTheseCommitments"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MaturityPeriodOfTheseCommitments" xlink:to="bac_MaturityPeriodOfTheseCommitments_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MaturityPeriodOfTheseCommitments_lbl" xml:lang="en-US"> Maturity Period Of These Commitments </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_MaturityPeriodOfTheseCommitments_lbl" xml:lang="en-US"> Maturity period of these commitments (in months) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MaturityPeriodOfTheseCommitments_lbl" xml:lang="en-US"> This represents the maximum maturity period of commitments to enter into forward-dated resale and securities borrowing agreements and forward-dated repurchase and securities lending agreements. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_LossContingenciesByNatureOfContingencyAxis" xlink:label="us-gaap_LossContingenciesByNatureOfContingencyAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LossContingenciesByNatureOfContingencyAxis" xlink:to="lab_LossContingenciesByNatureOfContingencyAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_LossContingenciesByNatureOfContingencyAxis" xml:lang="en-US"> Loss Contingencies by Nature of Contingency [Axis] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_LossContingencyNatureDomain" xlink:label="us-gaap_LossContingencyNatureDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LossContingencyNatureDomain" xlink:to="lab_LossContingencyNatureDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_LossContingencyNatureDomain" xml:lang="en-US"> Loss Contingency, Nature [Domain] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_GuaranteeObligationsMaximumExposure" xlink:label="us-gaap_GuaranteeObligationsMaximumExposure"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GuaranteeObligationsMaximumExposure" xlink:to="lab_GuaranteeObligationsMaximumExposure"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_GuaranteeObligationsMaximumExposure" xml:lang="en-US"> Guarantor Obligations, Maximum Exposure, Undiscounted </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_GuaranteeObligationsMaximumExposure" xml:lang="en-US"> Maximum exposure related to these chargeback transactions </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_RegistrationPaymentArrangementMaximumPotentialConsideration" xlink:label="us-gaap_RegistrationPaymentArrangementMaximumPotentialConsideration"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RegistrationPaymentArrangementMaximumPotentialConsideration" xlink:to="lab_RegistrationPaymentArrangementMaximumPotentialConsideration"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_RegistrationPaymentArrangementMaximumPotentialConsideration" xml:lang="en-US"> Registration Payment Arrangement, Maximum Potential Consideration </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_RegistrationPaymentArrangementMaximumPotentialConsideration" xml:lang="en-US"> Maximum potential future payment </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SPEsMember" xlink:label="bac_SPEsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SPEsMember" xlink:to="bac_SPEsMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SPEsMember_lbl" xml:lang="en-US"> SPEs [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SPEsMember_lbl" xml:lang="en-US"> SPEs Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DerivativeLiability" xlink:label="bac_DerivativeLiability"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DerivativeLiability" xlink:to="bac_DerivativeLiability_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DerivativeLiability_lbl" xml:lang="en-US"> Derivative Liability </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_DerivativeLiability_lbl" xml:lang="en-US"> Guarantee of subsidiaries' derivative liabilities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DerivativeLiability_lbl" xml:lang="en-US"> This represents the amount of derivative liabilities of certain subsidiaries of Merrill Lynch for which the Corporation has guaranteed payment. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AccumulatedOCIAbstract" xlink:label="bac_AccumulatedOCIAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AccumulatedOCIAbstract" xlink:to="bac_AccumulatedOCIAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AccumulatedOCIAbstract_lbl" xml:lang="en-US"> Accumulated O C I Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AccumulatedOCIAbstract_lbl" xml:lang="en-US"> Accumulated OCI </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AccumulatedOCIAbstract_lbl" xml:lang="en-US"> Accumulated OCI. </label>
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<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax" xml:lang="en-US"> Accumulated Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Net of Tax </label>
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<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="lab_AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax" xml:lang="en-US"> Beginning balance, Foreign Currency </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax" xlink:label="us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax" xlink:to="lab_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax" xml:lang="en-US"> Other Comprehensive Income, Unrealized Holding Gain (Loss) on Securities Arising During Period, Net of Tax </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax" xml:lang="en-US"> Net change in fair value recorded in accumulated OCI, Securities </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax" xlink:label="us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax" xlink:to="lab_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax" xml:lang="en-US"> Other Comprehensive Income, Unrealized Gain (Loss) on Derivatives Arising During Period, Net of Tax </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax" xml:lang="en-US"> Net change in fair value recorded in accumulated OCI, Derivatives </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax" xlink:label="us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax" xlink:to="lab_OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax" xml:lang="en-US"> Other Comprehensive Income, Defined Benefit Plan's Net Unamortized (Gain) Loss Arising During Period, Net of Tax </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax" xml:lang="en-US"> Net change in fair value recorded in accumulated OCI, Employee Benefit Plans </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax" xlink:label="us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax" xlink:to="lab_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax" xml:lang="en-US"> Other Comprehensive Income, Foreign Currency Transaction and Translation Gain (Loss) Arising During Period, Net of Tax </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax" xml:lang="en-US"> Net change in fair value recorded in accumulated OCI, Foreign Currency </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_OtherComprehensiveIncomeReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax" xlink:label="us-gaap_OtherComprehensiveIncomeReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherComprehensiveIncomeReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax" xlink:to="lab_OtherComprehensiveIncomeReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_OtherComprehensiveIncomeReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax" xml:lang="en-US"> Other Comprehensive Income, Reclassification Adjustment on Derivatives Included in Net Income, Net of Tax </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_OtherComprehensiveIncomeReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax" xml:lang="en-US"> Net realized (gains) losses reclassified into earnings, Derivatives </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_OtherComprehensiveIncomeReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax" xlink:label="us-gaap_OtherComprehensiveIncomeReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherComprehensiveIncomeReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax" xlink:to="lab_OtherComprehensiveIncomeReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_OtherComprehensiveIncomeReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax" xml:lang="en-US"> Other Comprehensive Income, Reclassification Adjustment for Sale of Securities Included in Net Income, Net of Tax </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_OtherComprehensiveIncomeReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax" xml:lang="en-US"> Net realized (gains) losses reclassified into earnings, Securities </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlansNetGainLossRecognizedInNetPeriodicBenefitCostNetOfTax" xlink:label="us-gaap_OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlansNetGainLossRecognizedInNetPeriodicBenefitCostNetOfTax"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlansNetGainLossRecognizedInNetPeriodicBenefitCostNetOfTax" xlink:to="lab_OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlansNetGainLossRecognizedInNetPeriodicBenefitCostNetOfTax"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlansNetGainLossRecognizedInNetPeriodicBenefitCostNetOfTax" xml:lang="en-US"> Net realized (gains) losses reclassified into earnings, Employee Benefit Plans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlansNetGainLossRecognizedInNetPeriodicBenefitCostNetOfTax" xml:lang="en-US"> Other Comprehensive Income, Reclassification of Defined Benefit Plan's Net (Gain) Loss Recognized in Net Periodic Benefit Cost, Net of Tax </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NetChangeInFairValueRecordedInAccumulatedOCITotal" xlink:label="bac_NetChangeInFairValueRecordedInAccumulatedOCITotal"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NetChangeInFairValueRecordedInAccumulatedOCITotal" xlink:to="bac_NetChangeInFairValueRecordedInAccumulatedOCITotal_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NetChangeInFairValueRecordedInAccumulatedOCITotal_lbl" xml:lang="en-US"> Net Change In Fair Value Recorded In Accumulated O C I Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NetChangeInFairValueRecordedInAccumulatedOCITotal_lbl" xml:lang="en-US"> Net change in fair value recorded in accumulated OCI, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NetChangeInFairValueRecordedInAccumulatedOCITotal_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NetRealizedGainsLossesReclassifiedIntoEarningsTotal" xlink:label="bac_NetRealizedGainsLossesReclassifiedIntoEarningsTotal"/>
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<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NetRealizedGainsLossesReclassifiedIntoEarningsTotal_lbl" xml:lang="en-US"> Net Realized Gains Losses Reclassified Into Earnings Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_NetRealizedGainsLossesReclassifiedIntoEarningsTotal_lbl" xml:lang="en-US"> Net realized (gains) losses reclassified into earnings, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NetRealizedGainsLossesReclassifiedIntoEarningsTotal_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CalculationOfEarningsPerCommonShareAndDilutedEarningsPerCommonShareAbstract" xlink:label="bac_CalculationOfEarningsPerCommonShareAndDilutedEarningsPerCommonShareAbstract"/>
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<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CalculationOfEarningsPerCommonShareAndDilutedEarningsPerCommonShareAbstract_lbl" xml:lang="en-US"> Calculation Of Earnings Per Common Share And Diluted Earnings Per Common Share Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CalculationOfEarningsPerCommonShareAndDilutedEarningsPerCommonShareAbstract_lbl" xml:lang="en-US"> Calculation of earnings per common share and diluted earnings per common share </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CalculationOfEarningsPerCommonShareAndDilutedEarningsPerCommonShareAbstract_lbl" xml:lang="en-US"> Calculation Of Earnings Per Common Share And Diluted Earnings Per Common Share. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustment" xlink:label="us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustment"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustment" xlink:to="lab_WeightedAverageNumberDilutedSharesOutstandingAdjustment"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_WeightedAverageNumberDilutedSharesOutstandingAdjustment" xml:lang="en-US"> Weighted Average Number Diluted Shares Outstanding Adjustment </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_WeightedAverageNumberDilutedSharesOutstandingAdjustment" xml:lang="en-US"> Dilutive potential common shares </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NetIncomeLossAllocatedToCommonShareholders" xlink:label="bac_NetIncomeLossAllocatedToCommonShareholders"/>
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<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NetIncomeLossAllocatedToCommonShareholders_lbl" xml:lang="en-US"> Net income (loss) allocated to common shareholders </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bac_NetIncomeLossAllocatedToCommonShareholders_lbl" xml:lang="en-US"> Net income (loss) allocated to common shareholders </label>
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<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_NetIncomeLossAllocatedToCommonShareholders_lbl" xml:lang="en-US"> Net income (loss) allocated to common shareholders </label>
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<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_EarningsPerShareBasicAbstract" xml:lang="en-US"> Earnings Per Share, Basic [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_EarningsPerShareBasicAbstract" xml:lang="en-US"> Earnings per common share </label>
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<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_EarningsPerShareDilutedAbstract" xml:lang="en-US"> Earnings Per Share, Diluted [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_EarningsPerShareDilutedAbstract" xml:lang="en-US"> Diluted earnings per common share </label>
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<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_TradingActivityByTypeAxis" xml:lang="en-US"> Trading Activity, by Type [Axis] </label>
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<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TradingActivityByTypeDomain" xlink:to="lab_TradingActivityByTypeDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_TradingActivityByTypeDomain" xml:lang="en-US"> Trading Activity, by Type [Domain] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_EquityMember" xlink:label="us-gaap_EquityMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EquityMember" xlink:to="lab_EquityMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_EquityMember" xml:lang="en-US"> Equity [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DebtMember" xlink:label="us-gaap_DebtMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtMember" xlink:to="lab_DebtMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DebtMember" xml:lang="en-US"> Debt [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueOptionQuantitativeDisclosuresByEligibleItemOrGroupAxis" xlink:label="us-gaap_FairValueOptionQuantitativeDisclosuresByEligibleItemOrGroupAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueOptionQuantitativeDisclosuresByEligibleItemOrGroupAxis" xlink:to="lab_FairValueOptionQuantitativeDisclosuresByEligibleItemOrGroupAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueOptionQuantitativeDisclosuresByEligibleItemOrGroupAxis" xml:lang="en-US"> Fair Value, Option, Quantitative Disclosures, by Eligible Item or Group [Axis] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueOptionEligibleItemOrGroupDomain" xlink:label="us-gaap_FairValueOptionEligibleItemOrGroupDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueOptionEligibleItemOrGroupDomain" xlink:to="lab_FairValueOptionEligibleItemOrGroupDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueOptionEligibleItemOrGroupDomain" xml:lang="en-US"> Fair Value, Option, Eligible Item or Group [Domain] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_AvailableforsaleSecuritiesMember" xlink:label="us-gaap_AvailableforsaleSecuritiesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AvailableforsaleSecuritiesMember" xlink:to="lab_AvailableforsaleSecuritiesMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_AvailableforsaleSecuritiesMember" xml:lang="en-US"> Available-for-sale debt securities [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_PreferredStockDividends" xlink:label="us-gaap_PreferredStockDividends"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PreferredStockDividends" xlink:to="lab_PreferredStockDividends"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_PreferredStockDividends" xml:lang="en-US"> Preferred Stock Dividends </label>
<label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="lab_PreferredStockDividends" xml:lang="en-US"> Preferred stock dividends </label>
<label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negatedTotal" xlink:label="lab_PreferredStockDividends" xml:lang="en-US"> Preferred stock dividends and accretion </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_PreferredStockDividends" xml:lang="en-US"> Preferred stock dividends and accretion </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_PreferredStockDividends" xml:lang="en-US"> Preferred stock dividends </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_PreferredStockDividends" xml:lang="en-US"> Preferred stock dividends </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AccumulatedOtherComprehensiveIncomeTextBlock" xlink:label="bac_AccumulatedOtherComprehensiveIncomeTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AccumulatedOtherComprehensiveIncomeTextBlock" xlink:to="bac_AccumulatedOtherComprehensiveIncomeTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AccumulatedOtherComprehensiveIncomeTextBlock_lbl" xml:lang="en-US"> Accumulated Other Comprehensive Income Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AccumulatedOtherComprehensiveIncomeTextBlock_lbl" xml:lang="en-US"> Accumulated OCI. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AccumulatedOtherComprehensiveIncomeTextBlock_lbl" xml:lang="en-US"> Accumulated OCI </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CalculationOfEarningsPerCommonShareAndDilutedEarningsPerCommonShareTextBlock" xlink:label="bac_CalculationOfEarningsPerCommonShareAndDilutedEarningsPerCommonShareTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CalculationOfEarningsPerCommonShareAndDilutedEarningsPerCommonShareTextBlock" xlink:to="bac_CalculationOfEarningsPerCommonShareAndDilutedEarningsPerCommonShareTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CalculationOfEarningsPerCommonShareAndDilutedEarningsPerCommonShareTextBlock_lbl" xml:lang="en-US"> Calculation Of Earnings Per Common Share And Diluted Earnings Per Common Share Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CalculationOfEarningsPerCommonShareAndDilutedEarningsPerCommonShareTextBlock_lbl" xml:lang="en-US"> Calculation of earnings per common share and diluted earnings per common share. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CalculationOfEarningsPerCommonShareAndDilutedEarningsPerCommonShareTextBlock_lbl" xml:lang="en-US"> Calculation of earnings per common share and diluted earnings per common share </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_IncreaseInRetainedEarningsAndNetIncomeApplicableToCommonShareholders" xlink:label="bac_IncreaseInRetainedEarningsAndNetIncomeApplicableToCommonShareholders"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_IncreaseInRetainedEarningsAndNetIncomeApplicableToCommonShareholders" xlink:to="bac_IncreaseInRetainedEarningsAndNetIncomeApplicableToCommonShareholders_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_IncreaseInRetainedEarningsAndNetIncomeApplicableToCommonShareholders_lbl" xml:lang="en-US"> Increase in retained earnings and net income applicable to common shareholders </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_IncreaseInRetainedEarningsAndNetIncomeApplicableToCommonShareholders_lbl" xml:lang="en-US"> This represents the total increase to retained earnings and net income applicable to shareholders recorded as a result of an induced conversion of preferred stock into common shares of stock. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_IncreaseInRetainedEarningsAndNetIncomeApplicableToCommonShareholders_lbl" xml:lang="en-US"> Increase in retained earnings and net income applicable to common shareholders </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ExcessLiquidityUsedToRepurchaseTarpPreferredStock" xlink:label="bac_ExcessLiquidityUsedToRepurchaseTarpPreferredStock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ExcessLiquidityUsedToRepurchaseTarpPreferredStock" xlink:to="bac_ExcessLiquidityUsedToRepurchaseTarpPreferredStock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ExcessLiquidityUsedToRepurchaseTarpPreferredStock_lbl" xml:lang="en-US"> Excess liquidity used to repurchase TARP preferred stock </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ExcessLiquidityUsedToRepurchaseTarpPreferredStock_lbl" xml:lang="en-US"> This represents the amount of Troubled Asset Relief Program Preferred Stock that was repurchased through the use of excess liquidity. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ExcessLiquidityUsedToRepurchaseTarpPreferredStock_lbl" xml:lang="en-US"> Excess liquidity used to repurchase TARP preferred stock </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ValueOfCommonEquivalentSecuritiesPerUnit" xlink:label="bac_ValueOfCommonEquivalentSecuritiesPerUnit"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ValueOfCommonEquivalentSecuritiesPerUnit" xlink:to="bac_ValueOfCommonEquivalentSecuritiesPerUnit_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ValueOfCommonEquivalentSecuritiesPerUnit_lbl" xml:lang="en-US"> Value of Common Equivalent securities per unit </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ValueOfCommonEquivalentSecuritiesPerUnit_lbl" xml:lang="en-US"> This represents the value, per unit, of a common equivalent security. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ValueOfCommonEquivalentSecuritiesPerUnit_lbl" xml:lang="en-US"> Value of Common Equivalent securities per unit </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PurchaseAggregateOfCommonStock" xlink:label="bac_PurchaseAggregateOfCommonStock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PurchaseAggregateOfCommonStock" xlink:to="bac_PurchaseAggregateOfCommonStock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PurchaseAggregateOfCommonStock_lbl" xml:lang="en-US"> Purchase aggregate of common stock </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PurchaseAggregateOfCommonStock_lbl" xml:lang="en-US"> This represents the aggregate amount of common stock to be purchased via exercise of warrants. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PurchaseAggregateOfCommonStock_lbl" xml:lang="en-US"> Purchase aggregate of common stock </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ConversionOfCommonEquivalentStockIntoCommonStock" xlink:label="bac_ConversionOfCommonEquivalentStockIntoCommonStock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ConversionOfCommonEquivalentStockIntoCommonStock" xlink:to="bac_ConversionOfCommonEquivalentStockIntoCommonStock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ConversionOfCommonEquivalentStockIntoCommonStock_lbl" xml:lang="en-US"> Conversion of common equivalent stock into common stock </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ConversionOfCommonEquivalentStockIntoCommonStock_lbl" xml:lang="en-US"> This represents the conversion process of common equivalent stock into common stock. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ConversionOfCommonEquivalentStockIntoCommonStock_lbl" xml:lang="en-US"> Conversion of common equivalent stock into common stock </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CommonStockMember" xlink:label="us-gaap_CommonStockMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockMember" xlink:to="lab_CommonStockMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CommonStockMember" xml:lang="en-US"> Common Stock [Member] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueAdjustmentExcludedFromNotionalAmountOfCommitments" xlink:label="bac_FairValueAdjustmentExcludedFromNotionalAmountOfCommitments"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueAdjustmentExcludedFromNotionalAmountOfCommitments" xlink:to="bac_FairValueAdjustmentExcludedFromNotionalAmountOfCommitments_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueAdjustmentExcludedFromNotionalAmountOfCommitments_lbl" xml:lang="en-US"> Fair value adjustment excluded from notional amount of commitments </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueAdjustmentExcludedFromNotionalAmountOfCommitments_lbl" xml:lang="en-US"> This represents the fair value adjustment excluded from the notional amount of commitments that was recorded in accrued expenses and other liabilities. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FairValueAdjustmentExcludedFromNotionalAmountOfCommitments_lbl" xml:lang="en-US"> Fair value adjustment excluded from notional amount of commitments </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears" xlink:to="lab_OperatingLeasesFutureMinimumPaymentsDueInTwoYears"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_OperatingLeasesFutureMinimumPaymentsDueInTwoYears" xml:lang="en-US"> Operating Leases, Future Minimum Payments, Due in Two Years </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_OperatingLeasesFutureMinimumPaymentsDueInTwoYears" xml:lang="en-US"> Committed operating lease for year, 2011 </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears" xlink:to="lab_OperatingLeasesFutureMinimumPaymentsDueInThreeYears"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_OperatingLeasesFutureMinimumPaymentsDueInThreeYears" xml:lang="en-US"> Operating Leases, Future Minimum Payments, Due in Three Years </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_OperatingLeasesFutureMinimumPaymentsDueInThreeYears" xml:lang="en-US"> Committed operating lease for year, 2012 </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears" xlink:to="lab_OperatingLeasesFutureMinimumPaymentsDueInFourYears"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_OperatingLeasesFutureMinimumPaymentsDueInFourYears" xml:lang="en-US"> Operating Leases, Future Minimum Payments, Due in Four Years </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_OperatingLeasesFutureMinimumPaymentsDueInFourYears" xml:lang="en-US"> Committed operating lease for year, 2013 </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears" xlink:to="lab_OperatingLeasesFutureMinimumPaymentsDueInFiveYears"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_OperatingLeasesFutureMinimumPaymentsDueInFiveYears" xml:lang="en-US"> Operating Leases, Future Minimum Payments, Due in Five Years </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_OperatingLeasesFutureMinimumPaymentsDueInFiveYears" xml:lang="en-US"> Committed operating lease for year, 2014 </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter" xlink:to="lab_OperatingLeasesFutureMinimumPaymentsDueThereafter"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_OperatingLeasesFutureMinimumPaymentsDueThereafter" xml:lang="en-US"> Operating Leases, Future Minimum Payments, Due Thereafter </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_OperatingLeasesFutureMinimumPaymentsDueThereafter" xml:lang="en-US"> Committed operating lease for thereafter </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_SignificantPurchaseAndSupplyCommitmentExcludingLongtermCommitmentByTypeAxis" xlink:label="us-gaap_SignificantPurchaseAndSupplyCommitmentExcludingLongtermCommitmentByTypeAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SignificantPurchaseAndSupplyCommitmentExcludingLongtermCommitmentByTypeAxis" xlink:to="lab_SignificantPurchaseAndSupplyCommitmentExcludingLongtermCommitmentByTypeAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_SignificantPurchaseAndSupplyCommitmentExcludingLongtermCommitmentByTypeAxis" xml:lang="en-US"> Significant Purchase and Supply Commitment, Excluding Long-term Commitment by Type [Axis] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_SignificantPurchaseAndSupplyCommitmentExcludingLongtermCommitmentTypeDomain" xlink:label="us-gaap_SignificantPurchaseAndSupplyCommitmentExcludingLongtermCommitmentTypeDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SignificantPurchaseAndSupplyCommitmentExcludingLongtermCommitmentTypeDomain" xlink:to="lab_SignificantPurchaseAndSupplyCommitmentExcludingLongtermCommitmentTypeDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_SignificantPurchaseAndSupplyCommitmentExcludingLongtermCommitmentTypeDomain" xml:lang="en-US"> Significant Purchase and Supply Commitment, Excluding Long-term Commitment, Type [Domain] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_PurchaseCommitmentMember" xlink:label="us-gaap_PurchaseCommitmentMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PurchaseCommitmentMember" xlink:to="lab_PurchaseCommitmentMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_PurchaseCommitmentMember" xml:lang="en-US"> Purchase Commitment [Member] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MerchantEscrowDepositsHeldAsCollateral" xlink:label="bac_MerchantEscrowDepositsHeldAsCollateral"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MerchantEscrowDepositsHeldAsCollateral" xlink:to="bac_MerchantEscrowDepositsHeldAsCollateral_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MerchantEscrowDepositsHeldAsCollateral_lbl" xml:lang="en-US"> Merchant escrow deposits held as collateral </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MerchantEscrowDepositsHeldAsCollateral_lbl" 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. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_MerchantEscrowDepositsHeldAsCollateral_lbl" xml:lang="en-US"> Merchant escrow deposits held as collateral </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/non-gaap/naics-2009-01-31.xsd#naics_ZZ522110" xlink:label="naics_ZZ522110"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="naics_ZZ522110" xlink:to="lab_ZZ522110"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ZZ522110" xml:lang="en-US"> Commercial Banking [Member] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ReserveOfUnissuedCommonShares" xlink:label="bac_ReserveOfUnissuedCommonShares"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ReserveOfUnissuedCommonShares" xlink:to="bac_ReserveOfUnissuedCommonShares_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ReserveOfUnissuedCommonShares_lbl" xml:lang="en-US"> Reserve of unissued common shares </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_ReserveOfUnissuedCommonShares_lbl" xml:lang="en-US"> Reserve of unissued common shares </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ReserveOfUnissuedCommonShares_lbl" xml:lang="en-US"> This represents the total number of unissued and authorized common shares that have been reserved for future issuances under employee stock plans, common stock warrants, convertible notes and preferred stock. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ReserveOfUnissuedCommonShares_lbl" xml:lang="en-US"> Reserve of unissued common shares </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CommonStockDividendsPerShareDeclared" xlink:label="us-gaap_CommonStockDividendsPerShareDeclared"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockDividendsPerShareDeclared" xlink:to="lab_CommonStockDividendsPerShareDeclared"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CommonStockDividendsPerShareDeclared" xml:lang="en-US"> Common Stock, Dividends, Per Share, Declared </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_CommonStockDividendsPerShareDeclared" xml:lang="en-US"> Cash dividends declared per common share </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount" xlink:label="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount" xlink:to="lab_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount" xml:lang="en-US"> Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount" xml:lang="en-US"> Average options to purchase shares of common stock </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_StockOptionsMember" xlink:label="us-gaap_StockOptionsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockOptionsMember" xlink:to="lab_StockOptionsMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_StockOptionsMember" xml:lang="en-US"> Stock Options [Member] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MaturityDateDue2014Member" xlink:label="bac_MaturityDateDue2014Member"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MaturityDateDue2014Member" xlink:to="bac_MaturityDateDue2014Member_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MaturityDateDue2014Member_lbl" xml:lang="en-US"> Maturity Date Due 2010-2014 [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MaturityDateDue2014Member_lbl" xml:lang="en-US"> Maturity Date Due 2014 Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MaturityDateDue2040Member" xlink:label="bac_MaturityDateDue2040Member"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MaturityDateDue2040Member" xlink:to="bac_MaturityDateDue2040Member_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MaturityDateDue2040Member_lbl" xml:lang="en-US"> Maturity Date Due 2030-2040 [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MaturityDateDue2040Member_lbl" xml:lang="en-US"> Maturity Date Due 2040 Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_OutstandingLoansAndLeasesTablesAbstract" xlink:label="bac_OutstandingLoansAndLeasesTablesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_OutstandingLoansAndLeasesTablesAbstract" xlink:to="bac_OutstandingLoansAndLeasesTablesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_OutstandingLoansAndLeasesTablesAbstract_lbl" xml:lang="en-US"> Outstanding Loans and Leases (Tables) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_OutstandingLoansAndLeasesTablesAbstract_lbl" xml:lang="en-US"> Outstanding Loans and Leases. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LoansAndLeasesOutstandingTextBlock" xlink:label="bac_LoansAndLeasesOutstandingTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LoansAndLeasesOutstandingTextBlock" xlink:to="bac_LoansAndLeasesOutstandingTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LoansAndLeasesOutstandingTextBlock_lbl" xml:lang="en-US"> Loans And Leases Outstanding Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_LoansAndLeasesOutstandingTextBlock_lbl" xml:lang="en-US"> Outstanding loans and Leases </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LoansAndLeasesOutstandingTextBlock_lbl" xml:lang="en-US"> Loans and Leases outstanding. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NonperformingLoansAndLeasesTextBlock" xlink:label="bac_NonperformingLoansAndLeasesTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NonperformingLoansAndLeasesTextBlock" xlink:to="bac_NonperformingLoansAndLeasesTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NonperformingLoansAndLeasesTextBlock_lbl" xml:lang="en-US"> Nonperforming Loans And Leases Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NonperformingLoansAndLeasesTextBlock_lbl" xml:lang="en-US"> Nonperforming Loans and Leases </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NonperformingLoansAndLeasesTextBlock_lbl" xml:lang="en-US"> Nonperforming Loans and Leases. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AccretableYieldActivityTextBlock" xlink:label="bac_AccretableYieldActivityTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AccretableYieldActivityTextBlock" xlink:to="bac_AccretableYieldActivityTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AccretableYieldActivityTextBlock_lbl" xml:lang="en-US"> Accretable Yield Activity Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AccretableYieldActivityTextBlock_lbl" xml:lang="en-US"> Accretable Yield Activity. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AccretableYieldActivityTextBlock_lbl" xml:lang="en-US"> Accretable Yield Activity </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NetPeriodicBenefitCostIncomeTextBlock" xlink:label="bac_NetPeriodicBenefitCostIncomeTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NetPeriodicBenefitCostIncomeTextBlock" xlink:to="bac_NetPeriodicBenefitCostIncomeTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NetPeriodicBenefitCostIncomeTextBlock_lbl" xml:lang="en-US"> Net periodic benefit cost income Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NetPeriodicBenefitCostIncomeTextBlock_lbl" xml:lang="en-US"> Net Periodic benefit cost (income) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NetPeriodicBenefitCostIncomeTextBlock_lbl" xml:lang="en-US"> Net periodic benefit cost (income). </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_OutstandingLoansAndLeasesDetailsAbstract" xlink:label="bac_OutstandingLoansAndLeasesDetailsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_OutstandingLoansAndLeasesDetailsAbstract" xlink:to="bac_OutstandingLoansAndLeasesDetailsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_OutstandingLoansAndLeasesDetailsAbstract_lbl" xml:lang="en-US"> Outstanding Loans and Leases (Details) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_OutstandingLoansAndLeasesDetailsAbstract_lbl" xml:lang="en-US"> Outstanding Loans and Leases. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_OustandingLoansAndLeasesTextualsAbstract" xlink:label="bac_OustandingLoansAndLeasesTextualsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_OustandingLoansAndLeasesTextualsAbstract" xlink:to="bac_OustandingLoansAndLeasesTextualsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_OustandingLoansAndLeasesTextualsAbstract_lbl" xml:lang="en-US"> Oustanding loans and leases textuals abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_OustandingLoansAndLeasesTextualsAbstract_lbl" xml:lang="en-US"> Outstanding Loans and Leases (Textuals) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_OustandingLoansAndLeasesTextualsAbstract_lbl" xml:lang="en-US"> Oustanding loans and leases. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PayOptionLoans" xlink:label="bac_PayOptionLoans"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PayOptionLoans" xlink:to="bac_PayOptionLoans_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PayOptionLoans_lbl" xml:lang="en-US"> Pay Option Loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PayOptionLoans_lbl" xml:lang="en-US"> Pay option loans in outstanding, discontinued consumer real estate loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PayOptionLoans_lbl" xml:lang="en-US"> Pay option loans are adjustable-rate mortgages that give borrowers a choice of payments each month. Pay option loans are included within discontinued consumer real estate loans outstanding. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DealerFinancialServicesLoans" xlink:label="bac_DealerFinancialServicesLoans"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DealerFinancialServicesLoans" xlink:to="bac_DealerFinancialServicesLoans_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DealerFinancialServicesLoans_lbl" xml:lang="en-US"> Dealer Financial Services Loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_DealerFinancialServicesLoans_lbl" xml:lang="en-US"> Dealer financial services loans in outstanding, direct/indirect consumer loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DealerFinancialServicesLoans_lbl" xml:lang="en-US"> Dealer financial services loans refer to automotive, marine, personal aircraft and recreational vehicle consumer loans. These loans are included within direct/indirect consumer loans outstanding. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SubprimeLoans" xlink:label="bac_SubprimeLoans"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SubprimeLoans" xlink:to="bac_SubprimeLoans_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SubprimeLoans_lbl" xml:lang="en-US"> Subprime Loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_SubprimeLoans_lbl" xml:lang="en-US"> Subprime loans in outstanding, discontinued consumer real estate loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SubprimeLoans_lbl" xml:lang="en-US"> A type of loan that is offered at a rate above prime to individuals who do not qualify for prime rate loans. Subprime loans tend to have a higher interest rate than the prime rate offered on traditional loans. Subprime loans are included within discontinued consumer real estate loans outstanding. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_LoansAndLeasesReceivableGrossCarryingAmountCommercial" xlink:label="us-gaap_LoansAndLeasesReceivableGrossCarryingAmountCommercial"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LoansAndLeasesReceivableGrossCarryingAmountCommercial" xlink:to="lab_LoansAndLeasesReceivableGrossCarryingAmountCommercial"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_LoansAndLeasesReceivableGrossCarryingAmountCommercial" xml:lang="en-US"> Loans and Leases Receivable, Gross, Carrying Amount, Commercial </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_LoansAndLeasesReceivableGrossCarryingAmountCommercial" xml:lang="en-US"> Total commercial </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_LoansAndLeasesReceivableConsumer" xlink:label="us-gaap_LoansAndLeasesReceivableConsumer"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LoansAndLeasesReceivableConsumer" xlink:to="lab_LoansAndLeasesReceivableConsumer"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_LoansAndLeasesReceivableConsumer" xml:lang="en-US"> Loans and Leases Receivable, Gross, Consumer </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_LoansAndLeasesReceivableConsumer" xml:lang="en-US"> Total consumer </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_LoansAndLeasesReceivableCommercial" xlink:label="us-gaap_LoansAndLeasesReceivableCommercial"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LoansAndLeasesReceivableCommercial" xlink:to="lab_LoansAndLeasesReceivableCommercial"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_LoansAndLeasesReceivableCommercial" xml:lang="en-US"> Loans and Leases Receivable, Gross, Commercial </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_LoansAndLeasesReceivableCommercial" xml:lang="en-US"> Total commercial </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_LoansAndLeasesReceivableCommercial" xml:lang="en-US"> Loans and Leases Receivable, Gross, Commercial, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_LoansAndLeasesReceivableCommercial" xml:lang="en-US"> Total commercial loans </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_LoansAndLeasesReceivableForeignCommercial" xlink:label="us-gaap_LoansAndLeasesReceivableForeignCommercial"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LoansAndLeasesReceivableForeignCommercial" xlink:to="lab_LoansAndLeasesReceivableForeignCommercial"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_LoansAndLeasesReceivableForeignCommercial" xml:lang="en-US"> Non-U.S. commercial </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_LoansAndLeasesReceivableForeignCommercial" xml:lang="en-US"> Loans and Leases Receivable, Gross, Foreign, Commercial </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_LoansAndLeasesReceivableForeignCommercial" xml:lang="en-US"> Non-U.S. commercial </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_LeasesReceivableCommercialLeaseFinancing" xlink:label="us-gaap_LeasesReceivableCommercialLeaseFinancing"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LeasesReceivableCommercialLeaseFinancing" xlink:to="lab_LeasesReceivableCommercialLeaseFinancing"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_LeasesReceivableCommercialLeaseFinancing" xml:lang="en-US"> Leases Receivable, Gross, Commercial, Lease Financing </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_LeasesReceivableCommercialLeaseFinancing" xml:lang="en-US"> Commercial lease financing </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_LoansReceivableCommercialRealEstate" xlink:label="us-gaap_LoansReceivableCommercialRealEstate"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LoansReceivableCommercialRealEstate" xlink:to="lab_LoansReceivableCommercialRealEstate"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_LoansReceivableCommercialRealEstate" xml:lang="en-US"> Loans Receivable, Gross, Commercial, Real Estate </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_LoansReceivableCommercialRealEstate" xml:lang="en-US"> Commercial real estate loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_LoansReceivableCommercialRealEstate" xml:lang="en-US"> Loans Receivable, Gross, Commercial, Real Estate, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_LoansReceivableCommercialRealEstate" xml:lang="en-US"> Commercial real estate </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_LoansAndLeasesReceivableConsumerHomeEquity" xlink:label="us-gaap_LoansAndLeasesReceivableConsumerHomeEquity"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LoansAndLeasesReceivableConsumerHomeEquity" xlink:to="lab_LoansAndLeasesReceivableConsumerHomeEquity"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_LoansAndLeasesReceivableConsumerHomeEquity" xml:lang="en-US"> Loans and Leases Receivable, Gross, Consumer, Home Equity </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_LoansAndLeasesReceivableConsumerHomeEquity" xml:lang="en-US"> Home equity </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_LoansAndLeasesReceivableConsumerHomeEquity" xml:lang="en-US"> Home equity </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_LoansAndLeasesReceivableConsumerMortgage" xlink:label="us-gaap_LoansAndLeasesReceivableConsumerMortgage"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LoansAndLeasesReceivableConsumerMortgage" xlink:to="lab_LoansAndLeasesReceivableConsumerMortgage"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_LoansAndLeasesReceivableConsumerMortgage" xml:lang="en-US"> Loans and Leases Receivable, Gross, Consumer, Mortgage </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_LoansAndLeasesReceivableConsumerMortgage" xml:lang="en-US"> Foreign residential mortgages from Merrill Lynch acquisition </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_LoansAndLeasesReceivableConsumerMortgage" xml:lang="en-US"> Residential mortgage </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CommercialLoanMember" xlink:label="us-gaap_CommercialLoanMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommercialLoanMember" xlink:to="lab_CommercialLoanMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CommercialLoanMember" xml:lang="en-US"> Commercial Loan [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ConsumerLoanMember" xlink:label="us-gaap_ConsumerLoanMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ConsumerLoanMember" xlink:to="lab_ConsumerLoanMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ConsumerLoanMember" xml:lang="en-US"> Credit Card and Other Consumer Loan [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CommercialRealEstateMember" xlink:label="us-gaap_CommercialRealEstateMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommercialRealEstateMember" xlink:to="lab_CommercialRealEstateMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CommercialRealEstateMember" xml:lang="en-US"> Commercial real estate [Member] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PerformingMember" xlink:label="bac_PerformingMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PerformingMember" xlink:to="bac_PerformingMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PerformingMember_lbl" xml:lang="en-US"> Performing [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PerformingMember_lbl" xml:lang="en-US"> Performing. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NonperformingMember" xlink:label="bac_NonperformingMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NonperformingMember" xlink:to="bac_NonperformingMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NonperformingMember_lbl" xml:lang="en-US"> Nonperforming [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NonperformingMember_lbl" xml:lang="en-US"> Nonperforming. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanNetPeriodicBenefitCostAbstract" xlink:label="us-gaap_DefinedBenefitPlanNetPeriodicBenefitCostAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanNetPeriodicBenefitCostAbstract" xlink:to="lab_DefinedBenefitPlanNetPeriodicBenefitCostAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DefinedBenefitPlanNetPeriodicBenefitCostAbstract" xml:lang="en-US"> Net Periodic benefit cost (income) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanNetPeriodicBenefitCostAbstract" xml:lang="en-US"> Defined Benefit Plan, Net Periodic Benefit Cost [Abstract] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanServiceCost" xlink:label="us-gaap_DefinedBenefitPlanServiceCost"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanServiceCost" xlink:to="lab_DefinedBenefitPlanServiceCost"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanServiceCost" xml:lang="en-US"> Defined Benefit Plan, Service Cost </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_DefinedBenefitPlanServiceCost" xml:lang="en-US"> Prior service cost (credits) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DefinedBenefitPlanServiceCost" xml:lang="en-US"> Service cost </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanInterestCost" xlink:label="us-gaap_DefinedBenefitPlanInterestCost"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanInterestCost" xlink:to="lab_DefinedBenefitPlanInterestCost"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanInterestCost" xml:lang="en-US"> Defined Benefit Plan, Interest Cost </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DefinedBenefitPlanInterestCost" xml:lang="en-US"> Interest cost </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedReturnOnPlanAssets" xlink:label="us-gaap_DefinedBenefitPlanExpectedReturnOnPlanAssets"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanExpectedReturnOnPlanAssets" xlink:to="lab_DefinedBenefitPlanExpectedReturnOnPlanAssets"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanExpectedReturnOnPlanAssets" xml:lang="en-US"> Defined Benefit Plan, Expected Return on Plan Assets </label>
<label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="lab_DefinedBenefitPlanExpectedReturnOnPlanAssets" xml:lang="en-US"> Expected return on plan assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DefinedBenefitPlanExpectedReturnOnPlanAssets" xml:lang="en-US"> Expected return on plan assets </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanAmortizationOfTransitionObligationsAssets" xlink:label="us-gaap_DefinedBenefitPlanAmortizationOfTransitionObligationsAssets"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanAmortizationOfTransitionObligationsAssets" xlink:to="lab_DefinedBenefitPlanAmortizationOfTransitionObligationsAssets"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DefinedBenefitPlanAmortizationOfTransitionObligationsAssets" xml:lang="en-US"> Amortization of transition obligation </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanAmortizationOfTransitionObligationsAssets" xml:lang="en-US"> Defined Benefit Plan, Amortization of Transition Obligations (Assets) </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanAmortizationOfPriorServiceCostCredit" xlink:label="us-gaap_DefinedBenefitPlanAmortizationOfPriorServiceCostCredit"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanAmortizationOfPriorServiceCostCredit" xlink:to="lab_DefinedBenefitPlanAmortizationOfPriorServiceCostCredit"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanAmortizationOfPriorServiceCostCredit" xml:lang="en-US"> Defined Benefit Plan, Amortization of Prior Service Cost (Credit) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DefinedBenefitPlanAmortizationOfPriorServiceCostCredit" xml:lang="en-US"> Amortization of prior service cost (credits) </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost" xlink:label="us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost" xlink:to="lab_DefinedBenefitPlanNetPeriodicBenefitCost"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_DefinedBenefitPlanNetPeriodicBenefitCost" xml:lang="en-US"> Net periodic benefit cost (income) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanNetPeriodicBenefitCost" xml:lang="en-US"> Defined Benefit Plan, Net Periodic Benefit Cost </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DefinedBenefitPlanNetPeriodicBenefitCost" xml:lang="en-US"> Net periodic benefit cost (income) </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueInputsLevel1Member" xlink:label="us-gaap_FairValueInputsLevel1Member"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueInputsLevel1Member" xlink:to="lab_FairValueInputsLevel1Member"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueInputsLevel1Member" xml:lang="en-US"> Level 1 [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueInputsLevel2Member" xlink:label="us-gaap_FairValueInputsLevel2Member"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueInputsLevel2Member" xlink:to="lab_FairValueInputsLevel2Member"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueInputsLevel2Member" xml:lang="en-US"> Level 2 [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueInputsLevel3Member" xlink:label="us-gaap_FairValueInputsLevel3Member"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueInputsLevel3Member" xlink:to="lab_FairValueInputsLevel3Member"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueInputsLevel3Member" xml:lang="en-US"> Level 3 [Member] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NonqualifiedAndOtherPensionPlansMember" xlink:label="bac_NonqualifiedAndOtherPensionPlansMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NonqualifiedAndOtherPensionPlansMember" xlink:to="bac_NonqualifiedAndOtherPensionPlansMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NonqualifiedAndOtherPensionPlansMember_lbl" xml:lang="en-US"> Nonqualified and Other Pension Plans [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NonqualifiedAndOtherPensionPlansMember_lbl" xml:lang="en-US"> Nonqualified and Other Pension Plans. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanContributionsByEmployer" xlink:label="us-gaap_DefinedBenefitPlanContributionsByEmployer"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanContributionsByEmployer" xlink:to="lab_DefinedBenefitPlanContributionsByEmployer"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanContributionsByEmployer" xml:lang="en-US"> Defined Benefit Plan, Contributions by Employer </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_DefinedBenefitPlanContributionsByEmployer" xml:lang="en-US"> Contribution made under group annuity contract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DefinedBenefitPlanContributionsByEmployer" xml:lang="en-US"> Company contributions </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanSpecialTerminationBenefits" xlink:label="us-gaap_DefinedBenefitPlanSpecialTerminationBenefits"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanSpecialTerminationBenefits" xlink:to="lab_DefinedBenefitPlanSpecialTerminationBenefits"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanSpecialTerminationBenefits" xml:lang="en-US"> Defined Benefit Plan, Special Termination Benefits </label>
<label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="lab_DefinedBenefitPlanSpecialTerminationBenefits" xml:lang="en-US"> Termination benefits </label>
<label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negatedTotal" xlink:label="lab_DefinedBenefitPlanSpecialTerminationBenefits" xml:lang="en-US"> Recognized termination and settlement benefit costs </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_DefinedBenefitPlanSpecialTerminationBenefits" xml:lang="en-US"> Recognized termination benefit costs </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_DefinedBenefitPlanSpecialTerminationBenefits" xml:lang="en-US"> Recognized termination benefit costs </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DefinedBenefitPlanSpecialTerminationBenefits" xml:lang="en-US"> Termination benefits </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_RenegotiatedConsumerCreditCarddomesticHeldLoans" xlink:label="bac_RenegotiatedConsumerCreditCarddomesticHeldLoans"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_RenegotiatedConsumerCreditCarddomesticHeldLoans" xlink:to="bac_RenegotiatedConsumerCreditCarddomesticHeldLoans_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_RenegotiatedConsumerCreditCarddomesticHeldLoans_lbl" xml:lang="en-US"> Renegotiated Consumer Credit Carddomestic Held Loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_RenegotiatedConsumerCreditCarddomesticHeldLoans_lbl" xml:lang="en-US"> Renegotiated portfolio </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_RenegotiatedConsumerCreditCarddomesticHeldLoans_lbl" xml:lang="en-US"> Represents the amount of consumer credit card-domestic held loans that were renegotiated to assist customers that are experiencing financial difficulty. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CarryingValueOfPurchasedImpairedLoansTdr" xlink:label="bac_CarryingValueOfPurchasedImpairedLoansTdr"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CarryingValueOfPurchasedImpairedLoansTdr" xlink:to="bac_CarryingValueOfPurchasedImpairedLoansTdr_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CarryingValueOfPurchasedImpairedLoansTdr_lbl" xml:lang="en-US"> Carrying Value Of Purchased Impaired Loans Tdr </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CarryingValueOfPurchasedImpairedLoansTdr_lbl" xml:lang="en-US"> Carrying value of purchased impaired loans TDRs that were removed from the purchased credit-impaired pool </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CarryingValueOfPurchasedImpairedLoansTdr_lbl" xml:lang="en-US"> Represents the carrying value of purchased impaired loan troubled debt restructurings. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PurchasedImpairedLoansTdrOnAccurualStatus" xlink:label="bac_PurchasedImpairedLoansTdrOnAccurualStatus"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PurchasedImpairedLoansTdrOnAccurualStatus" xlink:to="bac_PurchasedImpairedLoansTdrOnAccurualStatus_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PurchasedImpairedLoansTdrOnAccurualStatus_lbl" xml:lang="en-US"> Purchased Impaired Loans Tdr On Accurual Status </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PurchasedImpairedLoansTdrOnAccurualStatus_lbl" xml:lang="en-US"> Carrying value of accruing purchased impaired loans TDRs that were removed from the purchased credit-impaired pool </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PurchasedImpairedLoansTdrOnAccurualStatus_lbl" xml:lang="en-US"> Represents the value of purchase impaired loan trouble debt restructurings that are on accrual status. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CarryingValueOfModifiedLoansNetOfAllowanceAsPercentageOfUnpaidPrincipalBalance" xlink:label="bac_CarryingValueOfModifiedLoansNetOfAllowanceAsPercentageOfUnpaidPrincipalBalance"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CarryingValueOfModifiedLoansNetOfAllowanceAsPercentageOfUnpaidPrincipalBalance" xlink:to="bac_CarryingValueOfModifiedLoansNetOfAllowanceAsPercentageOfUnpaidPrincipalBalance_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CarryingValueOfModifiedLoansNetOfAllowanceAsPercentageOfUnpaidPrincipalBalance_lbl" xml:lang="en-US"> Carrying value of modified loans, net of allowance as a percentage of unpaid principal balance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CarryingValueOfModifiedLoansNetOfAllowanceAsPercentageOfUnpaidPrincipalBalance_lbl" xml:lang="en-US"> Represents the carrying value of modified loans, net of allowance as a percentage of unpaid principal balance. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CarryingValueOfModifiedLoansNetOfAllowanceAsPercentageOfUnpaidPrincipalBalance_lbl" xml:lang="en-US"> Carrying value of modified loans, net of allowance as a percentage of unpaid principal balance </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ProceedsFromSalesSecuritizationsAndPaydownsOfLoansHeldForSale" xlink:label="bac_ProceedsFromSalesSecuritizationsAndPaydownsOfLoansHeldForSale"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ProceedsFromSalesSecuritizationsAndPaydownsOfLoansHeldForSale" xlink:to="bac_ProceedsFromSalesSecuritizationsAndPaydownsOfLoansHeldForSale_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ProceedsFromSalesSecuritizationsAndPaydownsOfLoansHeldForSale_lbl" xml:lang="en-US"> Proceeds from sales, securitizations and paydowns of loans held for sale </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ProceedsFromSalesSecuritizationsAndPaydownsOfLoansHeldForSale_lbl" xml:lang="en-US"> The proceeds from sales, securitizations and paydowns of loans held for sale. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ProceedsFromSalesSecuritizationsAndPaydownsOfLoansHeldForSale_lbl" xml:lang="en-US"> Proceeds from sales, securitizations and paydowns of loans held for sale </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ProceedsUsedForOriginationsAndPurchaseOfLoanHeldForSale" xlink:label="bac_ProceedsUsedForOriginationsAndPurchaseOfLoanHeldForSale"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ProceedsUsedForOriginationsAndPurchaseOfLoanHeldForSale" xlink:to="bac_ProceedsUsedForOriginationsAndPurchaseOfLoanHeldForSale_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ProceedsUsedForOriginationsAndPurchaseOfLoanHeldForSale_lbl" xml:lang="en-US"> Proceeds used for originations and purchase of loan held for sale </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ProceedsUsedForOriginationsAndPurchaseOfLoanHeldForSale_lbl" xml:lang="en-US"> The proceeds used for originations and purchase of loans held for sale. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ProceedsUsedForOriginationsAndPurchaseOfLoanHeldForSale_lbl" xml:lang="en-US"> Proceeds used for originations and purchase of loan held for sale </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_LoansAndLeasesReceivableConsumerOther" xlink:label="us-gaap_LoansAndLeasesReceivableConsumerOther"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LoansAndLeasesReceivableConsumerOther" xlink:to="lab_LoansAndLeasesReceivableConsumerOther"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_LoansAndLeasesReceivableConsumerOther" xml:lang="en-US"> Other consumer </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_LoansAndLeasesReceivableConsumerOther" xml:lang="en-US"> Loans and Leases Receivable, Gross, Consumer, Other </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_LoansAndLeasesReceivableConsumerOther" xml:lang="en-US"> Consumer Loans </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis" xlink:label="us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis" xlink:to="lab_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis" xml:lang="en-US"> Defined Benefit Plans Disclosures, Defined Benefit Plans [Axis] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlansDomain" xlink:label="us-gaap_DefinedBenefitPlansDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlansDomain" xlink:to="lab_DefinedBenefitPlansDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlansDomain" xml:lang="en-US"> Defined Benefit Plans [Domain] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_LoansAndLeasesReceivableNetOfDeferredIncomeAbstract" xlink:label="us-gaap_LoansAndLeasesReceivableNetOfDeferredIncomeAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LoansAndLeasesReceivableNetOfDeferredIncomeAbstract" xlink:to="lab_LoansAndLeasesReceivableNetOfDeferredIncomeAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_LoansAndLeasesReceivableNetOfDeferredIncomeAbstract" xml:lang="en-US"> Outstanding Loans and Leases </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_LoansAndLeasesReceivableNetOfDeferredIncomeAbstract" xml:lang="en-US"> Loans and Leases Receivable, Net of Deferred Income [Abstract] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LoansAndLeasesReceivableConsumerDiscontinuedRealEstate" xlink:label="bac_LoansAndLeasesReceivableConsumerDiscontinuedRealEstate"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LoansAndLeasesReceivableConsumerDiscontinuedRealEstate" xlink:to="bac_LoansAndLeasesReceivableConsumerDiscontinuedRealEstate_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LoansAndLeasesReceivableConsumerDiscontinuedRealEstate_lbl" xml:lang="en-US"> Loans And Leases Receivable Consumer Discontinued Real Estate </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_LoansAndLeasesReceivableConsumerDiscontinuedRealEstate_lbl" xml:lang="en-US"> Discontinued real estate </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LoansAndLeasesReceivableConsumerDiscontinuedRealEstate_lbl" xml:lang="en-US"> Represents the portion of the loans and leases portfolio relating to discontinued real estate loans that are outstanding as a receivable. The discontinued real estate portfolio consists of pay option and subprime loans. The vast majority of this portfolio is considered impaired and has been written down to fair value. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_LoansAndLeasesReceivableConsumerRevolvingCreditCard" xlink:label="us-gaap_LoansAndLeasesReceivableConsumerRevolvingCreditCard"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LoansAndLeasesReceivableConsumerRevolvingCreditCard" xlink:to="lab_LoansAndLeasesReceivableConsumerRevolvingCreditCard"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_LoansAndLeasesReceivableConsumerRevolvingCreditCard" xml:lang="en-US"> Credit card </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_LoansAndLeasesReceivableConsumerRevolvingCreditCard" xml:lang="en-US"> Loans and Leases Receivable, Gross, Consumer, Revolving, Credit Card </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DomesticMember" xlink:label="bac_DomesticMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DomesticMember" xlink:to="bac_DomesticMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DomesticMember_lbl" xml:lang="en-US"> US [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DomesticMember_lbl" xml:lang="en-US"> Domestic Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ForeignMember" xlink:label="bac_ForeignMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ForeignMember" xlink:to="bac_ForeignMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ForeignMember_lbl" xml:lang="en-US"> Non-US [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ForeignMember_lbl" xml:lang="en-US"> Foreign Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LoansAndLeasesReceivableCommercialDomestic" xlink:label="bac_LoansAndLeasesReceivableCommercialDomestic"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LoansAndLeasesReceivableCommercialDomestic" xlink:to="bac_LoansAndLeasesReceivableCommercialDomestic_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LoansAndLeasesReceivableCommercialDomestic_lbl" xml:lang="en-US"> Loans And Leases Receivable Commercial Domestic </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_LoansAndLeasesReceivableCommercialDomestic_lbl" xml:lang="en-US"> U.S. commercial </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LoansAndLeasesReceivableCommercialDomestic_lbl" xml:lang="en-US"> Represents the portion of the loans and leases portfolio relating to commercial - domestic loans that are outstanding as a receivable. Commercial - domestic loans consist of the following: (1) business banking, middle-market and large multinational corporate loans and leases; (2) acquisition, bridge financing and institutional investor services; and (3) business-purpose loans for wealthy individuals. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldMovementScheduleRollForward" xlink:label="us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldMovementScheduleRollForward"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldMovementScheduleRollForward" xlink:to="lab_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldMovementScheduleRollForward"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldMovementScheduleRollForward" xml:lang="en-US"> Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Accretable Yield Movement Schedule [Roll Forward] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldMovementScheduleRollForward" xml:lang="en-US"> Accretable Yield Activity </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAccretion" xlink:label="us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAccretion"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAccretion" xlink:to="lab_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAccretion"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAccretion" xml:lang="en-US"> Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Accretable Yield, Accretion </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAccretion" xml:lang="en-US"> Accretion </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldDisposalsTransfers" xlink:label="bac_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldDisposalsTransfers"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldDisposalsTransfers" xlink:to="bac_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldDisposalsTransfers_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldDisposalsTransfers_lbl" xml:lang="en-US"> Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Disposals Transfers </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldDisposalsTransfers_lbl" xml:lang="en-US"> Disposals/transfers </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldDisposalsTransfers_lbl" xml:lang="en-US"> Certain loans acquired in transfer not accounted for as debt securities Accretable yield disposals transfers. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldReclassificationsToNonaccretableDifference" xlink:label="us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldReclassificationsToNonaccretableDifference"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldReclassificationsToNonaccretableDifference" xlink:to="lab_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldReclassificationsToNonaccretableDifference"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldReclassificationsToNonaccretableDifference" xml:lang="en-US"> Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Accretable Yield, Reclassifications to Nonaccretable Difference </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldReclassificationsToNonaccretableDifference" xml:lang="en-US"> Reclassifications from (to) nonaccretable difference </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldReclassificationsToNonaccretableDifference" xml:lang="en-US"> Reclassifications to nonaccretable difference </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYield" xlink:label="us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYield"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYield" xlink:to="lab_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYield"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYield" xml:lang="en-US"> Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Accretable Yield </label>
<label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="lab_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYield" xml:lang="en-US"> Merrill Lynch balance </label>
<label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negatedTotal" xlink:label="lab_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYield" xml:lang="en-US"> Less: Accretable yield </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="lab_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYield" xml:lang="en-US"> Accretable Yield, Ending balance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="lab_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYield" xml:lang="en-US"> Accretable Yield, Beginning of period </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYield" xml:lang="en-US"> Less: Accretable yield </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYield" xml:lang="en-US"> Merrill Lynch balance </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NonPerformingResidentialMortgages" xlink:label="bac_NonPerformingResidentialMortgages"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NonPerformingResidentialMortgages" xlink:to="bac_NonPerformingResidentialMortgages_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NonPerformingResidentialMortgages_lbl" xml:lang="en-US"> Non Performing Residential Mortgages </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NonPerformingResidentialMortgages_lbl" xml:lang="en-US"> Residential mortgages </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NonPerformingResidentialMortgages_lbl" xml:lang="en-US"> Reflects the carrying amount of residential mortgages troubled debt restructurings deemed to be questionable as to collection on which no interest is continuing to be recognized. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DiscontinuedRealEstate" xlink:label="bac_DiscontinuedRealEstate"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DiscontinuedRealEstate" xlink:to="bac_DiscontinuedRealEstate_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DiscontinuedRealEstate_lbl" xml:lang="en-US"> Discontinued real estate </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_DiscontinuedRealEstate_lbl" xml:lang="en-US"> Discontinued real estate </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DiscontinuedRealEstate_lbl" xml:lang="en-US"> The discontinued real estate portfolio consists of pay option and subprime loans. This portfolio is considered impaired and has been written down to fair value. No interest is continued to be recognized. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesConsumerOutstandingBalance" xlink:label="us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesConsumerOutstandingBalance"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesConsumerOutstandingBalance" xlink:to="lab_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesConsumerOutstandingBalance"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesConsumerOutstandingBalance" xml:lang="en-US"> Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Consumer, Outstanding Balance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesConsumerOutstandingBalance" xml:lang="en-US"> Unpaid principal balance </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet" xlink:label="us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet" xlink:to="lab_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet" xml:lang="en-US"> Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Carrying Amount, Net </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet" xml:lang="en-US"> Carrying value,with no record allowance </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCommercialOutstandingBalance" xlink:label="us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCommercialOutstandingBalance"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCommercialOutstandingBalance" xlink:to="lab_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCommercialOutstandingBalance"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCommercialOutstandingBalance" xml:lang="en-US"> Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Commercial, Outstanding Balance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCommercialOutstandingBalance" xml:lang="en-US"> Unpaid principal balance </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAcquiredDuringPeriodConsumerCashFlowsExpectedToBeCollectedAtAcquisition" xlink:label="us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAcquiredDuringPeriodConsumerCashFlowsExpectedToBeCollectedAtAcquisition"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAcquiredDuringPeriodConsumerCashFlowsExpectedToBeCollectedAtAcquisition" xlink:to="lab_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAcquiredDuringPeriodConsumerCashFlowsExpectedToBeCollectedAtAcquisition"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAcquiredDuringPeriodConsumerCashFlowsExpectedToBeCollectedAtAcquisition" xml:lang="en-US"> Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Acquired During Period, Consumer, Cash Flows Expected to be Collected at Acquisition </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAcquiredDuringPeriodConsumerCashFlowsExpectedToBeCollectedAtAcquisition" xml:lang="en-US"> Carrying value excluding valuation reserve </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_QualifiedPensionPlansMember" xlink:label="bac_QualifiedPensionPlansMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_QualifiedPensionPlansMember" xlink:to="bac_QualifiedPensionPlansMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_QualifiedPensionPlansMember_lbl" xml:lang="en-US"> Qualified Pension Plans [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_QualifiedPensionPlansMember_lbl" xml:lang="en-US"> Qualified Pension Plans Member. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember" xlink:label="us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember" xlink:to="lab_OtherPostretirementBenefitPlansDefinedBenefitMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_OtherPostretirementBenefitPlansDefinedBenefitMember" xml:lang="en-US"> Postretirement Health and Life Plans [Member] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AmortizationOfNetActuarialLossGain" xlink:label="bac_AmortizationOfNetActuarialLossGain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AmortizationOfNetActuarialLossGain" xlink:to="bac_AmortizationOfNetActuarialLossGain_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AmortizationOfNetActuarialLossGain_lbl" xml:lang="en-US"> Amortization of net actuarial loss (gain) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AmortizationOfNetActuarialLossGain_lbl" xml:lang="en-US"> Amortization of net actuarial loss (gain) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AmortizationOfNetActuarialLossGain_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_USTreasuryAndGovernmentMember" xlink:label="us-gaap_USTreasuryAndGovernmentMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_USTreasuryAndGovernmentMember" xlink:to="lab_USTreasuryAndGovernmentMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_USTreasuryAndGovernmentMember" xml:lang="en-US"> U.S. government and government agency obligations [Member] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NumberOfBasisPointOfOriginalPoolBalanceToBeRequiredToReimburseMezzanineRiskProtection" xlink:label="bac_NumberOfBasisPointOfOriginalPoolBalanceToBeRequiredToReimburseMezzanineRiskProtection"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NumberOfBasisPointOfOriginalPoolBalanceToBeRequiredToReimburseMezzanineRiskProtection" xlink:to="bac_NumberOfBasisPointOfOriginalPoolBalanceToBeRequiredToReimburseMezzanineRiskProtection_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NumberOfBasisPointOfOriginalPoolBalanceToBeRequiredToReimburseMezzanineRiskProtection_lbl" xml:lang="en-US"> Number of Basis point of the original pool balance to be required to reimburse the Mezzanine risk protection </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NumberOfBasisPointOfOriginalPoolBalanceToBeRequiredToReimburseMezzanineRiskProtection_lbl" xml:lang="en-US"> Represents the basis point of the original pool balance retained as first loss. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NumberOfBasisPointOfOriginalPoolBalanceToBeRequiredToReimburseMezzanineRiskProtection_lbl" xml:lang="en-US"> Number of Basis point of the original pool balance to be required to reimburse the Mezzanine risk protection </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsMajorTypesOfTradingSecuritiesAndAssetsAxis" xlink:label="us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsMajorTypesOfTradingSecuritiesAndAssetsAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsMajorTypesOfTradingSecuritiesAndAssetsAxis" xlink:to="lab_ScheduleOfTradingSecuritiesAndOtherTradingAssetsMajorTypesOfTradingSecuritiesAndAssetsAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ScheduleOfTradingSecuritiesAndOtherTradingAssetsMajorTypesOfTradingSecuritiesAndAssetsAxis" xml:lang="en-US"> Schedule of Trading Securities and Other Trading Assets, Major Types of Trading Securities and Assets [Axis] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_MajorTypesOfTradingSecuritiesAndAssetsDomain" xlink:label="us-gaap_MajorTypesOfTradingSecuritiesAndAssetsDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_MajorTypesOfTradingSecuritiesAndAssetsDomain" xlink:to="lab_MajorTypesOfTradingSecuritiesAndAssetsDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_MajorTypesOfTradingSecuritiesAndAssetsDomain" xml:lang="en-US"> Major Types of Trading Securities and Assets [Domain] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_IncreaseInAllowanceDueToConsolidationGuidance" xlink:label="bac_IncreaseInAllowanceDueToConsolidationGuidance"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_IncreaseInAllowanceDueToConsolidationGuidance" xlink:to="bac_IncreaseInAllowanceDueToConsolidationGuidance_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_IncreaseInAllowanceDueToConsolidationGuidance_lbl" xml:lang="en-US"> Increase In Allowance Due To Consolidation Guidance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_IncreaseInAllowanceDueToConsolidationGuidance_lbl" xml:lang="en-US"> Increase in allowance for loan losses </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_IncreaseInAllowanceDueToConsolidationGuidance_lbl" xml:lang="en-US"> Increase in the allowance for loan losses primarily relating to credit card receivables due to consolidation of qualifying special purppose & VIEs. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CommercialAbstract" xlink:label="bac_CommercialAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CommercialAbstract" xlink:to="bac_CommercialAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CommercialAbstract_lbl" xml:lang="en-US"> Commercial [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CommercialAbstract_lbl" xml:lang="en-US"> Commercial </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CommercialAbstract_lbl" xml:lang="en-US"> Commercial loans and leases abstract </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueMeasurementsTablesAbstract" xlink:label="bac_FairValueMeasurementsTablesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueMeasurementsTablesAbstract" xlink:to="bac_FairValueMeasurementsTablesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueMeasurementsTablesAbstract_lbl" xml:lang="en-US"> Fair Value Measurements (Tables) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueMeasurementsTablesAbstract_lbl" xml:lang="en-US"> Fair Value Measurements Tables Abstract. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueLiabilitiesMeasuredOnRecurringBasisTotalLiabilities" xlink:label="bac_FairValueLiabilitiesMeasuredOnRecurringBasisTotalLiabilities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueLiabilitiesMeasuredOnRecurringBasisTotalLiabilities" xlink:to="bac_FairValueLiabilitiesMeasuredOnRecurringBasisTotalLiabilities_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueLiabilitiesMeasuredOnRecurringBasisTotalLiabilities_lbl" xml:lang="en-US"> Fair Value Liabilities Measured On Recurring Basis Total Liabilities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_FairValueLiabilitiesMeasuredOnRecurringBasisTotalLiabilities_lbl" xml:lang="en-US"> Total liabilities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueLiabilitiesMeasuredOnRecurringBasisTotalLiabilities_lbl" xml:lang="en-US"> This represents the sum of all liabilities measured at fair value on a recurring basis categorized as Level 1, 2 and 3 based on the observability of inputs. This also includes netting adjustments related to derivative instruments. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisBorrowings" xlink:label="us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisBorrowings"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisBorrowings" xlink:to="lab_FairValueLiabilitiesMeasuredOnRecurringBasisBorrowings"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueLiabilitiesMeasuredOnRecurringBasisBorrowings" xml:lang="en-US"> Fair Value, Liabilities Measured on Recurring Basis, Borrowings </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_FairValueLiabilitiesMeasuredOnRecurringBasisBorrowings" xml:lang="en-US"> Long-term debt </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_FairValueLiabilitiesMeasuredOnRecurringBasisBorrowings" xml:lang="en-US"> Commercial paper and other short-term borrowings </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisDerivativeFinancialInstrumentsLiabilities" xlink:label="us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisDerivativeFinancialInstrumentsLiabilities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisDerivativeFinancialInstrumentsLiabilities" xlink:to="lab_FairValueLiabilitiesMeasuredOnRecurringBasisDerivativeFinancialInstrumentsLiabilities"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueLiabilitiesMeasuredOnRecurringBasisDerivativeFinancialInstrumentsLiabilities" xml:lang="en-US"> Fair Value, Liabilities Measured on Recurring Basis, Derivative Financial Instruments, Liabilities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_FairValueLiabilitiesMeasuredOnRecurringBasisDerivativeFinancialInstrumentsLiabilities" xml:lang="en-US"> Derivative liabilities included in net derivatives </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_FairValueLiabilitiesMeasuredOnRecurringBasisDerivativeFinancialInstrumentsLiabilities" xml:lang="en-US"> Derivative liabilities </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueAssetsMeasuredOnRecurringBasisTotalAssets" xlink:label="bac_FairValueAssetsMeasuredOnRecurringBasisTotalAssets"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueAssetsMeasuredOnRecurringBasisTotalAssets" xlink:to="bac_FairValueAssetsMeasuredOnRecurringBasisTotalAssets_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueAssetsMeasuredOnRecurringBasisTotalAssets_lbl" xml:lang="en-US"> Fair Value Assets Measured On Recurring Basis Total Assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_FairValueAssetsMeasuredOnRecurringBasisTotalAssets_lbl" xml:lang="en-US"> Total assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueAssetsMeasuredOnRecurringBasisTotalAssets_lbl" xml:lang="en-US"> This represents the sum of all assets measured at fair value on a recurring basis categorized as Level 1, 2 and 3 based on the observability of inputs. This also includes netting adjustments related to derivative instruments. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueAssetsMeasuredOnRecurringBasisOtherAssets" xlink:label="bac_FairValueAssetsMeasuredOnRecurringBasisOtherAssets"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueAssetsMeasuredOnRecurringBasisOtherAssets" xlink:to="bac_FairValueAssetsMeasuredOnRecurringBasisOtherAssets_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueAssetsMeasuredOnRecurringBasisOtherAssets_lbl" xml:lang="en-US"> Fair Value Assets Measured On Recurring Basis Other Assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_FairValueAssetsMeasuredOnRecurringBasisOtherAssets_lbl" xml:lang="en-US"> Other Assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FairValueAssetsMeasuredOnRecurringBasisOtherAssets_lbl" xml:lang="en-US"> Other assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueAssetsMeasuredOnRecurringBasisOtherAssets_lbl" xml:lang="en-US"> This represents the aggregate amount of certain other assets for which the fair value option has been elected. Other assets primarily represents non-marketable convertible preferred shares which are measured at fair value on a recurring basis and categorized as Level 1, 2 and 3 based on the observability of inputs. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisServicingRights" xlink:label="us-gaap_FairValueAssetsMeasuredOnRecurringBasisServicingRights"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueAssetsMeasuredOnRecurringBasisServicingRights" xlink:to="lab_FairValueAssetsMeasuredOnRecurringBasisServicingRights"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueAssetsMeasuredOnRecurringBasisServicingRights" xml:lang="en-US"> Fair Value, Assets Measured on Recurring Basis, Servicing Rights </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_FairValueAssetsMeasuredOnRecurringBasisServicingRights" xml:lang="en-US"> Mortgage servicing rights </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueAssetsMeasuredOnRecurringBasisLoansAndLeases" xlink:label="bac_FairValueAssetsMeasuredOnRecurringBasisLoansAndLeases"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueAssetsMeasuredOnRecurringBasisLoansAndLeases" xlink:to="bac_FairValueAssetsMeasuredOnRecurringBasisLoansAndLeases_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueAssetsMeasuredOnRecurringBasisLoansAndLeases_lbl" xml:lang="en-US"> Fair Value Assets Measured On Recurring Basis Loans And Leases </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FairValueAssetsMeasuredOnRecurringBasisLoansAndLeases_lbl" xml:lang="en-US"> Loans and leases </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueAssetsMeasuredOnRecurringBasisLoansAndLeases_lbl" xml:lang="en-US"> This represents the aggregate amount of loans and leases for which the fair value option has been elected. Such loans are measured at fair value on a recurring basis and categorized as Level 1, 2 and 3 based on the observability of inputs. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueMeasuredOnRecurringBasisInvestments" xlink:label="us-gaap_FairValueMeasuredOnRecurringBasisInvestments"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueMeasuredOnRecurringBasisInvestments" xlink:to="lab_FairValueMeasuredOnRecurringBasisInvestments"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueMeasuredOnRecurringBasisInvestments" xml:lang="en-US"> Fair Value, Measured on Recurring Basis, Investments </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_FairValueMeasuredOnRecurringBasisInvestments" xml:lang="en-US"> Total available-for-sale debt securities </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisDerivativeFinancialInstrumentsAssets" xlink:label="us-gaap_FairValueAssetsMeasuredOnRecurringBasisDerivativeFinancialInstrumentsAssets"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueAssetsMeasuredOnRecurringBasisDerivativeFinancialInstrumentsAssets" xlink:to="lab_FairValueAssetsMeasuredOnRecurringBasisDerivativeFinancialInstrumentsAssets"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueAssetsMeasuredOnRecurringBasisDerivativeFinancialInstrumentsAssets" xml:lang="en-US"> Fair Value, Assets Measured on Recurring Basis, Derivative Financial Instruments, Assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_FairValueAssetsMeasuredOnRecurringBasisDerivativeFinancialInstrumentsAssets" xml:lang="en-US"> Derivative assets included in net derivatives </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_FairValueAssetsMeasuredOnRecurringBasisDerivativeFinancialInstrumentsAssets" xml:lang="en-US"> Derivative assets </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisTradingAccountAssets" xlink:label="us-gaap_FairValueAssetsMeasuredOnRecurringBasisTradingAccountAssets"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueAssetsMeasuredOnRecurringBasisTradingAccountAssets" xlink:to="lab_FairValueAssetsMeasuredOnRecurringBasisTradingAccountAssets"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueAssetsMeasuredOnRecurringBasisTradingAccountAssets" xml:lang="en-US"> Fair Value, Assets Measured on Recurring Basis, Trading Account Assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_FairValueAssetsMeasuredOnRecurringBasisTradingAccountAssets" xml:lang="en-US"> Total trading account assets </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisFederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResell" xlink:label="us-gaap_FairValueAssetsMeasuredOnRecurringBasisFederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResell"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueAssetsMeasuredOnRecurringBasisFederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResell" xlink:to="lab_FairValueAssetsMeasuredOnRecurringBasisFederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResell"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueAssetsMeasuredOnRecurringBasisFederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResell" xml:lang="en-US"> Fair Value, Assets Measured on Recurring Basis, Federal Funds Sold and Securities Borrowed or Purchased under Agreements to Resell </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_FairValueAssetsMeasuredOnRecurringBasisFederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResell" xml:lang="en-US"> Federal funds sold and securities borrowed or purchased under agreements to resell </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisTradingLiabilities" xlink:label="us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisTradingLiabilities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisTradingLiabilities" xlink:to="lab_FairValueLiabilitiesMeasuredOnRecurringBasisTradingLiabilities"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueLiabilitiesMeasuredOnRecurringBasisTradingLiabilities" xml:lang="en-US"> Fair Value, Liabilities Measured on Recurring Basis, Trading Liabilities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_FairValueLiabilitiesMeasuredOnRecurringBasisTradingLiabilities" xml:lang="en-US"> Total trading account liabilities </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_USGovernmentCorporationsAndAgenciesSecuritiesMember" xlink:label="us-gaap_USGovernmentCorporationsAndAgenciesSecuritiesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_USGovernmentCorporationsAndAgenciesSecuritiesMember" xlink:to="lab_USGovernmentCorporationsAndAgenciesSecuritiesMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_USGovernmentCorporationsAndAgenciesSecuritiesMember" xml:lang="en-US"> U.S. government and agency securities [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueOptionTextBlock" xlink:label="us-gaap_FairValueOptionTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueOptionTextBlock" xlink:to="lab_FairValueOptionTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueOptionTextBlock" xml:lang="en-US"> Fair Value, Option [Text Block] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_FairValueOptionTextBlock" xml:lang="en-US"> Gains (Losses) Relating to Assets and Liabilities Accounted for Using Fair Value Option </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationAbstract" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationAbstract" xlink:to="lab_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationAbstract" xml:lang="en-US"> Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationAbstract" xml:lang="en-US"> Reconciliation of all assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs Level(3) </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue" xlink:to="lab_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue" xml:lang="en-US"> Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="lab_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue" xml:lang="en-US"> Balance December 31, </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="lab_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue" xml:lang="en-US"> Balance January 1, </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings" xlink:to="lab_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings" xml:lang="en-US"> Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings" xml:lang="en-US"> Gains (Losses) Included in Earnings </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncome" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncome"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncome" xlink:to="lab_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncome"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncome" xml:lang="en-US"> Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Other Comprehensive Income </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncome" xml:lang="en-US"> Gains (Losses) Included in OCI </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchasesSalesIssuancesSettlements" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchasesSalesIssuancesSettlements"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchasesSalesIssuancesSettlements" xlink:to="lab_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchasesSalesIssuancesSettlements"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchasesSalesIssuancesSettlements" xml:lang="en-US"> Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases, Sales, Issuances, Settlements </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchasesSalesIssuancesSettlements" xml:lang="en-US"> Purchases, Issuances and Settlements </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet" xlink:to="lab_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet" xml:lang="en-US"> Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers, Net </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet" xml:lang="en-US"> Transfers into / (out of) Level 3 </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DerivativeFinancialInstrumentsAssetsMember" xlink:label="us-gaap_DerivativeFinancialInstrumentsAssetsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeFinancialInstrumentsAssetsMember" xlink:to="lab_DerivativeFinancialInstrumentsAssetsMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DerivativeFinancialInstrumentsAssetsMember" xml:lang="en-US"> Derivative assets [Member] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MortgageServicingRightsMember" xlink:label="bac_MortgageServicingRightsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MortgageServicingRightsMember" xlink:to="bac_MortgageServicingRightsMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MortgageServicingRightsMember_lbl" xml:lang="en-US"> Mortgage servicing rights [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MortgageServicingRightsMember_lbl" xml:lang="en-US"> Mortgage Servicing Rights Member. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_LongTermDebtMember" xlink:label="us-gaap_LongTermDebtMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermDebtMember" xlink:to="lab_LongTermDebtMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_LongTermDebtMember" xml:lang="en-US"> Long-term debt [Member] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LoansHeldForSaleMember" xlink:label="bac_LoansHeldForSaleMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LoansHeldForSaleMember" xlink:to="bac_LoansHeldForSaleMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LoansHeldForSaleMember_lbl" xml:lang="en-US"> Loans held-for-sale [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LoansHeldForSaleMember_lbl" xml:lang="en-US"> Loans Held For Sale Member. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_TradingLiabilitiesMember" xlink:label="us-gaap_TradingLiabilitiesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TradingLiabilitiesMember" xlink:to="lab_TradingLiabilitiesMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_TradingLiabilitiesMember" xml:lang="en-US"> Total trading account liabilities [Member] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisTotalAssetsAndLiabilities" xlink:label="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisTotalAssetsAndLiabilities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisTotalAssetsAndLiabilities" xlink:to="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisTotalAssetsAndLiabilities_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisTotalAssetsAndLiabilities_lbl" xml:lang="en-US"> Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Total Assets And Liabilities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisTotalAssetsAndLiabilities_lbl" xml:lang="en-US"> Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisTotalAssetsAndLiabilities_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_EquityInvestmentIncomeMember" xlink:label="bac_EquityInvestmentIncomeMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_EquityInvestmentIncomeMember" xlink:to="bac_EquityInvestmentIncomeMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_EquityInvestmentIncomeMember_lbl" xml:lang="en-US"> Equity Investment Income [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_EquityInvestmentIncomeMember_lbl" xml:lang="en-US"> Equity Investment Income member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TradingAccountProfitsLossesMember" xlink:label="bac_TradingAccountProfitsLossesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TradingAccountProfitsLossesMember" xlink:to="bac_TradingAccountProfitsLossesMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TradingAccountProfitsLossesMember_lbl" xml:lang="en-US"> Trading Account Profits (Losses) [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TradingAccountProfitsLossesMember_lbl" xml:lang="en-US"> Trading Account Profits Losses. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MortgageBankingIncomeLossMember" xlink:label="bac_MortgageBankingIncomeLossMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MortgageBankingIncomeLossMember" xlink:to="bac_MortgageBankingIncomeLossMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MortgageBankingIncomeLossMember_lbl" xml:lang="en-US"> Mortgage Banking Income (Loss) [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MortgageBankingIncomeLossMember_lbl" xml:lang="en-US"> Mortgage Banking Income Loss Member. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnNonrecurringBasisTextBlock" xlink:label="us-gaap_FairValueAssetsMeasuredOnNonrecurringBasisTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueAssetsMeasuredOnNonrecurringBasisTextBlock" xlink:to="lab_FairValueAssetsMeasuredOnNonrecurringBasisTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueAssetsMeasuredOnNonrecurringBasisTextBlock" xml:lang="en-US"> Fair Value, Assets and Liabilities Measured on Nonrecurring Basis [Text Block] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_FairValueAssetsMeasuredOnNonrecurringBasisTextBlock" xml:lang="en-US"> Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LevelThreeChangesInUnrealizedGainsLossesRelatingToAssetsAndLiabilitiesStillHeldAtReportingDateTextBlock" xlink:label="bac_LevelThreeChangesInUnrealizedGainsLossesRelatingToAssetsAndLiabilitiesStillHeldAtReportingDateTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LevelThreeChangesInUnrealizedGainsLossesRelatingToAssetsAndLiabilitiesStillHeldAtReportingDateTextBlock" xlink:to="bac_LevelThreeChangesInUnrealizedGainsLossesRelatingToAssetsAndLiabilitiesStillHeldAtReportingDateTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LevelThreeChangesInUnrealizedGainsLossesRelatingToAssetsAndLiabilitiesStillHeldAtReportingDateTextBlock_lbl" xml:lang="en-US"> Level Three Changes in Unrealized Gains Losses Relating to Assets and Liabilities Still Held at Reporting Date Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LevelThreeChangesInUnrealizedGainsLossesRelatingToAssetsAndLiabilitiesStillHeldAtReportingDateTextBlock_lbl" xml:lang="en-US"> Level 3 Changes in Unrealized Gains (Losses) Relating to Assets and Liabilities Still Held at Reporting Date. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_LevelThreeChangesInUnrealizedGainsLossesRelatingToAssetsAndLiabilitiesStillHeldAtReportingDateTextBlock_lbl" xml:lang="en-US"> Level 3 Changes in Unrealized Gains (Losses) Relating to Assets and Liabilities Still Held at Reporting Date </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LevelThreeTotalRealizedAndUnrealizedGainsLossesIncludedInEarningsAbstract" xlink:label="bac_LevelThreeTotalRealizedAndUnrealizedGainsLossesIncludedInEarningsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LevelThreeTotalRealizedAndUnrealizedGainsLossesIncludedInEarningsAbstract" xlink:to="bac_LevelThreeTotalRealizedAndUnrealizedGainsLossesIncludedInEarningsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LevelThreeTotalRealizedAndUnrealizedGainsLossesIncludedInEarningsAbstract_lbl" xml:lang="en-US"> Level Three Total Realized and Unrealized Gains Losses Included in Earnings Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LevelThreeTotalRealizedAndUnrealizedGainsLossesIncludedInEarningsAbstract_lbl" xml:lang="en-US"> Level 3 Total Realized and Unrealized Gains (Losses) Included in Earnings. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_LevelThreeTotalRealizedAndUnrealizedGainsLossesIncludedInEarningsAbstract_lbl" xml:lang="en-US"> Level 3 Total Realized and Unrealized Gains (Losses) Included in Earnings </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LevelThreeChangesInUnrealizedGainsLossesRelatingToAssetsAndLiabilitiesStillHeldAtReportingDateAbstract" xlink:label="bac_LevelThreeChangesInUnrealizedGainsLossesRelatingToAssetsAndLiabilitiesStillHeldAtReportingDateAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LevelThreeChangesInUnrealizedGainsLossesRelatingToAssetsAndLiabilitiesStillHeldAtReportingDateAbstract" xlink:to="bac_LevelThreeChangesInUnrealizedGainsLossesRelatingToAssetsAndLiabilitiesStillHeldAtReportingDateAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LevelThreeChangesInUnrealizedGainsLossesRelatingToAssetsAndLiabilitiesStillHeldAtReportingDateAbstract_lbl" xml:lang="en-US"> Level Three Changes in Unrealized Gains Losses Relating to Assets and Liabilities Still Held at Reporting Date Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LevelThreeChangesInUnrealizedGainsLossesRelatingToAssetsAndLiabilitiesStillHeldAtReportingDateAbstract_lbl" xml:lang="en-US"> Level 3 Changes in Unrealized Gains (Losses) Relating to Assets and Liabilities Still Held at Reporting Date. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_LevelThreeChangesInUnrealizedGainsLossesRelatingToAssetsAndLiabilitiesStillHeldAtReportingDateAbstract_lbl" xml:lang="en-US"> Level 3 Changes in Unrealized Gains (Losses) Relating to Assets and Liabilities Still Held at Reporting Date </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnNonrecurringBasisAbstract" xlink:label="us-gaap_FairValueAssetsMeasuredOnNonrecurringBasisAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueAssetsMeasuredOnNonrecurringBasisAbstract" xlink:to="lab_FairValueAssetsMeasuredOnNonrecurringBasisAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueAssetsMeasuredOnNonrecurringBasisAbstract" xml:lang="en-US"> Fair Value, Assets and Liabilities Measured on Nonrecurring Basis [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_FairValueAssetsMeasuredOnNonrecurringBasisAbstract" xml:lang="en-US"> Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LoansAndLeasesFairValueDisclosure" xlink:label="bac_LoansAndLeasesFairValueDisclosure"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LoansAndLeasesFairValueDisclosure" xlink:to="bac_LoansAndLeasesFairValueDisclosure_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LoansAndLeasesFairValueDisclosure_lbl" xml:lang="en-US"> Loans And Leases Fair Value Disclosure </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_LoansAndLeasesFairValueDisclosure_lbl" xml:lang="en-US"> Loans and Leases </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LoansAndLeasesFairValueDisclosure_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ForeclosedPropertiesFairValueDisclosure" xlink:label="bac_ForeclosedPropertiesFairValueDisclosure"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ForeclosedPropertiesFairValueDisclosure" xlink:to="bac_ForeclosedPropertiesFairValueDisclosure_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ForeclosedPropertiesFairValueDisclosure_lbl" xml:lang="en-US"> Foreclosed Properties Fair Value Disclosure </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ForeclosedPropertiesFairValueDisclosure_lbl" xml:lang="en-US"> Foreclosed properties </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ForeclosedPropertiesFairValueDisclosure_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_OtherAssetsFairValue" xlink:label="bac_OtherAssetsFairValue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_OtherAssetsFairValue" xlink:to="bac_OtherAssetsFairValue_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_OtherAssetsFairValue_lbl" xml:lang="en-US"> Other Assets Fair Value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_OtherAssetsFairValue_lbl" xml:lang="en-US"> Other Assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_OtherAssetsFairValue_lbl" xml:lang="en-US"> This represents the balance of other assets measured at fair value on a nonrecurring basis categorized as Level 2 and 3 based on observability of inputs. Other Assets are those not individually reported in the financial statements or separately disclosed. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_GainsLossesRelatingToAssetsAndLiabilitiesAccountedForUsingFairValueOptionAbstract" xlink:label="bac_GainsLossesRelatingToAssetsAndLiabilitiesAccountedForUsingFairValueOptionAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_GainsLossesRelatingToAssetsAndLiabilitiesAccountedForUsingFairValueOptionAbstract" xlink:to="bac_GainsLossesRelatingToAssetsAndLiabilitiesAccountedForUsingFairValueOptionAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_GainsLossesRelatingToAssetsAndLiabilitiesAccountedForUsingFairValueOptionAbstract_lbl" xml:lang="en-US"> Gains Losses Relating To Assets and Liabilities Accounted For Using Fair Value Option Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_GainsLossesRelatingToAssetsAndLiabilitiesAccountedForUsingFairValueOptionAbstract_lbl" xml:lang="en-US"> Gains (Losses) Relating to Assets and Liabilities Accounted for Using Fair Value Option. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_GainsLossesRelatingToAssetsAndLiabilitiesAccountedForUsingFairValueOptionAbstract_lbl" xml:lang="en-US"> Gains (Losses) Relating to Assets and Liabilities Accounted for Using Fair Value Option </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CorporateLoansAndLoanCommitmentsMember" xlink:label="bac_CorporateLoansAndLoanCommitmentsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CorporateLoansAndLoanCommitmentsMember" xlink:to="bac_CorporateLoansAndLoanCommitmentsMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CorporateLoansAndLoanCommitmentsMember_lbl" xml:lang="en-US"> Corporate Loans and Loan Commitments [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CorporateLoansAndLoanCommitmentsMember_lbl" xml:lang="en-US"> Corporate Loans and Loan Commitments. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LongTermDepositsMember" xlink:label="bac_LongTermDepositsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LongTermDepositsMember" xlink:to="bac_LongTermDepositsMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LongTermDepositsMember_lbl" xml:lang="en-US"> Long-term Deposits [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LongTermDepositsMember_lbl" xml:lang="en-US"> Long Term Deposits Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueOfFinancialInstrumentsTablesAbstract" xlink:label="bac_FairValueOfFinancialInstrumentsTablesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueOfFinancialInstrumentsTablesAbstract" xlink:to="bac_FairValueOfFinancialInstrumentsTablesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueOfFinancialInstrumentsTablesAbstract_lbl" xml:lang="en-US"> Fair Value of Financial Instruments (Tables) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueOfFinancialInstrumentsTablesAbstract_lbl" xml:lang="en-US"> Fair Value of Financial Instruments Tables Abstract. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueOfFinancialInstrumentsDetailsAbstract" xlink:label="bac_FairValueOfFinancialInstrumentsDetailsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueOfFinancialInstrumentsDetailsAbstract" xlink:to="bac_FairValueOfFinancialInstrumentsDetailsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueOfFinancialInstrumentsDetailsAbstract_lbl" xml:lang="en-US"> Fair Value of Financial Instruments (Details) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueOfFinancialInstrumentsDetailsAbstract_lbl" xml:lang="en-US"> Fair Value of Financial Instruments Details. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CarryingReportedAmountFairValueDisclosureMember" xlink:label="us-gaap_CarryingReportedAmountFairValueDisclosureMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CarryingReportedAmountFairValueDisclosureMember" xlink:to="lab_CarryingReportedAmountFairValueDisclosureMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CarryingReportedAmountFairValueDisclosureMember" xml:lang="en-US"> Carrying Value [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_PortionAtFairValueFairValueDisclosureMember" xlink:label="us-gaap_PortionAtFairValueFairValueDisclosureMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PortionAtFairValueFairValueDisclosureMember" xlink:to="lab_PortionAtFairValueFairValueDisclosureMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_PortionAtFairValueFairValueDisclosureMember" xml:lang="en-US"> Fair Value [Member] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueMeasurementsTextualsAbstract" xlink:label="bac_FairValueMeasurementsTextualsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueMeasurementsTextualsAbstract" xlink:to="bac_FairValueMeasurementsTextualsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueMeasurementsTextualsAbstract_lbl" xml:lang="en-US"> Fair Value Measurements Textuals Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueMeasurementsTextualsAbstract_lbl" xml:lang="en-US"> Fair Value Measurements Textuals Abstract. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FairValueMeasurementsTextualsAbstract_lbl" xml:lang="en-US"> Fair Value Measurements (Textuals) [Abstract] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueAssetsMeasuredOnRecurringBasisLoansHeldForSale" xlink:label="bac_FairValueAssetsMeasuredOnRecurringBasisLoansHeldForSale"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueAssetsMeasuredOnRecurringBasisLoansHeldForSale" xlink:to="bac_FairValueAssetsMeasuredOnRecurringBasisLoansHeldForSale_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueAssetsMeasuredOnRecurringBasisLoansHeldForSale_lbl" xml:lang="en-US"> Fair Value Assets Measured On Recurring Basis Loans Held For Sale </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FairValueAssetsMeasuredOnRecurringBasisLoansHeldForSale_lbl" xml:lang="en-US"> Loans held-for-sale </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueAssetsMeasuredOnRecurringBasisLoansHeldForSale_lbl" xml:lang="en-US"> This represents the aggregate amount of loans held for sale for which the fair value option has been elected. Such loans are measured at fair value on a recurring basis and categorized as Level 1, 2 and 3 based on the observability of inputs. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase" xlink:label="us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase" xlink:to="lab_FairValueLiabilitiesMeasuredOnRecurringBasisFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueLiabilitiesMeasuredOnRecurringBasisFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase" xml:lang="en-US"> Fair Value, Liabilities Measured on Recurring Basis, Federal Funds Purchased and Securities Sold under Agreements to Repurchase </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_FairValueLiabilitiesMeasuredOnRecurringBasisFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase" xml:lang="en-US"> Federal funds purchased and securities loaned or sold under agreements to repurchase </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisObligations" xlink:label="us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisObligations"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisObligations" xlink:to="lab_FairValueLiabilitiesMeasuredOnRecurringBasisObligations"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueLiabilitiesMeasuredOnRecurringBasisObligations" xml:lang="en-US"> Fair Value, Liabilities Measured on Recurring Basis, Obligations </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_FairValueLiabilitiesMeasuredOnRecurringBasisObligations" xml:lang="en-US"> Accrued expenses and other liabilities </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueConcentrationOfCreditRiskMasterNettingArrangementsMember" xlink:label="us-gaap_FairValueConcentrationOfCreditRiskMasterNettingArrangementsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueConcentrationOfCreditRiskMasterNettingArrangementsMember" xlink:to="lab_FairValueConcentrationOfCreditRiskMasterNettingArrangementsMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueConcentrationOfCreditRiskMasterNettingArrangementsMember" xml:lang="en-US"> Netting Adjustments [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsTextBlock" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsTextBlock" xlink:to="lab_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsTextBlock" xml:lang="en-US"> Reconciliation of all assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsTextBlock" xml:lang="en-US"> Fair Value, Assets and Liabilities Measured on Recurring Basis, Gain (Loss) Included in Earnings [Text Block] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInInvestmentIncome" xlink:label="us-gaap_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInInvestmentIncome"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInInvestmentIncome" xlink:to="lab_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInInvestmentIncome"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInInvestmentIncome" xml:lang="en-US"> Fair Value, Assets Measured on Recurring Basis, Gain (Loss) Included in Investment Income </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInInvestmentIncome" xml:lang="en-US"> Equity Investment Income (Loss) </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInTradingRevenue" xlink:label="us-gaap_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInTradingRevenue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInTradingRevenue" xlink:to="lab_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInTradingRevenue"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInTradingRevenue" xml:lang="en-US"> Fair Value, Assets Measured on Recurring Basis, Gain (Loss) Included in Trading Revenue </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInTradingRevenue" xml:lang="en-US"> Trading Account Profits (Losses) </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInMortgageBankingIncomeLoss" xlink:label="bac_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInMortgageBankingIncomeLoss"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInMortgageBankingIncomeLoss" xlink:to="bac_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInMortgageBankingIncomeLoss_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInMortgageBankingIncomeLoss_lbl" xml:lang="en-US"> Fair Value Assets Measured On Recurring Basis Gain Loss Included In Mortgage Banking Income Loss </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInMortgageBankingIncomeLoss_lbl" xml:lang="en-US"> Mortgage Banking Income (Loss) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInMortgageBankingIncomeLoss_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInTradingRevenue" xlink:label="us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInTradingRevenue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInTradingRevenue" xlink:to="lab_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInTradingRevenue"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInTradingRevenue" xml:lang="en-US"> Fair Value, Liabilities Measured on Recurring Basis, Gain (Loss) Included in Trading Revenue </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInTradingRevenue" xml:lang="en-US"> Trading Account Profits (Losses) </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInOtherIncome" xlink:label="us-gaap_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInOtherIncome"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInOtherIncome" xlink:to="lab_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInOtherIncome"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInOtherIncome" xml:lang="en-US"> Fair Value, Assets Measured on Recurring Basis, Gain (Loss) Included in Other Income </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInOtherIncome" xml:lang="en-US"> Other Income (Loss) </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInMortgageBankingIncomeLoss" xlink:label="bac_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInMortgageBankingIncomeLoss"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInMortgageBankingIncomeLoss" xlink:to="bac_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInMortgageBankingIncomeLoss_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInMortgageBankingIncomeLoss_lbl" xml:lang="en-US"> Fair Value Liabilities Measured On Recurring Basis Gain Loss Included In Mortgage Banking Income Loss </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInMortgageBankingIncomeLoss_lbl" xml:lang="en-US"> Mortgage Banking Income (Loss) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInMortgageBankingIncomeLoss_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInOtherIncome" xlink:label="us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInOtherIncome"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInOtherIncome" xlink:to="lab_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInOtherIncome"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInOtherIncome" xml:lang="en-US"> Fair Value, Liabilities Measured on Recurring Basis, Gain (Loss) Included in Other Income </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInOtherIncome" xml:lang="en-US"> Other Income (Loss) </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInInvestmentIncomeTotal" xlink:label="bac_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInInvestmentIncomeTotal"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInInvestmentIncomeTotal" xlink:to="bac_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInInvestmentIncomeTotal_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInInvestmentIncomeTotal_lbl" xml:lang="en-US"> Fair Value Assets Measured On Recurring Basis Gain Loss Included In Investment Income Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInInvestmentIncomeTotal_lbl" xml:lang="en-US"> Equity Investment Income (Loss) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInInvestmentIncomeTotal_lbl" xml:lang="en-US"> This represents the total gains and losses due to changes in fair value of total assets and liabilities related to equity method investments, including both realized and unrealized gains (losses), recorded in equity investment income (loss), a component of noninterest income, for Level 3 assets, measured on a recurring basis. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInTradingRevenueTotal" xlink:label="bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInTradingRevenueTotal"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInTradingRevenueTotal" xlink:to="bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInTradingRevenueTotal_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInTradingRevenueTotal_lbl" xml:lang="en-US"> Fair Value Assets Liabilities Measured On Recurring Basis Gain Loss Included In Trading Revenue Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInTradingRevenueTotal_lbl" xml:lang="en-US"> Trading Account Profits (Losses) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInTradingRevenueTotal_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInMortgageBankingIncomeLossTotal" xlink:label="bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInMortgageBankingIncomeLossTotal"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInMortgageBankingIncomeLossTotal" xlink:to="bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInMortgageBankingIncomeLossTotal_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInMortgageBankingIncomeLossTotal_lbl" xml:lang="en-US"> Fair Value Assets Liabilities Measured On Recurring Basis Gain Loss Included In Mortgage Banking Income Loss Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInMortgageBankingIncomeLossTotal_lbl" xml:lang="en-US"> Mortgage Banking Income (Loss) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInMortgageBankingIncomeLossTotal_lbl" xml:lang="en-US"> Net amounts included in mortgage banking income (loss) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInMortgageBankingIncomeLossTotal_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInOtherIncomeTotal" xlink:label="bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInOtherIncomeTotal"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInOtherIncomeTotal" xlink:to="bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInOtherIncomeTotal_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInOtherIncomeTotal_lbl" xml:lang="en-US"> Fair Value Assets Liabilities Measured On Recurring Basis Gain Loss Included In Other Income Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInOtherIncomeTotal_lbl" xml:lang="en-US"> Other Income (Loss) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInOtherIncomeTotal_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LoansNetOfAllowanceExcludingLeases" xlink:label="bac_LoansNetOfAllowanceExcludingLeases"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LoansNetOfAllowanceExcludingLeases" xlink:to="bac_LoansNetOfAllowanceExcludingLeases_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LoansNetOfAllowanceExcludingLeases_lbl" xml:lang="en-US"> Loans Net Of Allowance Excluding Leases </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_LoansNetOfAllowanceExcludingLeases_lbl" xml:lang="en-US"> Loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LoansNetOfAllowanceExcludingLeases_lbl" xml:lang="en-US"> This reflects the aggregate carrying amount of all categories of loans held in portfolio, net of unearned income and the allowance for losses on loans. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueByBalanceSheetGroupingTextBlock" xlink:label="us-gaap_FairValueByBalanceSheetGroupingTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueByBalanceSheetGroupingTextBlock" xlink:to="lab_FairValueByBalanceSheetGroupingTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueByBalanceSheetGroupingTextBlock" xml:lang="en-US"> Fair Value, by Balance Sheet Grouping [Text Block] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_FairValueByBalanceSheetGroupingTextBlock" xml:lang="en-US"> Carrying and fair values of financial instruments </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CarryingAndFairValuesOfFinancialInstrumentsAbstract" xlink:label="bac_CarryingAndFairValuesOfFinancialInstrumentsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CarryingAndFairValuesOfFinancialInstrumentsAbstract" xlink:to="bac_CarryingAndFairValuesOfFinancialInstrumentsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CarryingAndFairValuesOfFinancialInstrumentsAbstract_lbl" xml:lang="en-US"> Carrying And Fair Values Of Financial Instruments Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CarryingAndFairValuesOfFinancialInstrumentsAbstract_lbl" xml:lang="en-US"> Carrying And Fair Values Of Financial Instruments Abstract. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CarryingAndFairValuesOfFinancialInstrumentsAbstract_lbl" xml:lang="en-US"> Carrying and fair values of financial instruments </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInInvestmentIncome" xlink:label="us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInInvestmentIncome"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInInvestmentIncome" xlink:to="lab_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInInvestmentIncome"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInInvestmentIncome" xml:lang="en-US"> Fair Value, Assets Measured on Recurring Basis, Change in Unrealized Gain (Loss) Included in Investment Income </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInInvestmentIncome" xml:lang="en-US"> Equity Investment Income (Loss) </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInTradingRevenue" xlink:label="us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInTradingRevenue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInTradingRevenue" xlink:to="lab_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInTradingRevenue"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInTradingRevenue" xml:lang="en-US"> Fair Value, Assets Measured on Recurring Basis, Change in Unrealized Gain (Loss) Included in Trading Revenue </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInTradingRevenue" xml:lang="en-US"> Trading Account Profits (Losses) </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInMortgageBankingIncomeLoss" xlink:label="bac_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInMortgageBankingIncomeLoss"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInMortgageBankingIncomeLoss" xlink:to="bac_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInMortgageBankingIncomeLoss_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInMortgageBankingIncomeLoss_lbl" xml:lang="en-US"> Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss Included In Mortgage Banking Income Loss </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInMortgageBankingIncomeLoss_lbl" xml:lang="en-US"> Mortgage Banking Income (Loss) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInMortgageBankingIncomeLoss_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInOtherIncome" xlink:label="us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInOtherIncome"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInOtherIncome" xlink:to="lab_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInOtherIncome"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInOtherIncome" xml:lang="en-US"> Fair Value, Assets Measured on Recurring Basis, Change in Unrealized Gain (Loss) Included in Other Income </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInOtherIncome" xml:lang="en-US"> Other Income (Loss) </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInEarnings" xlink:label="bac_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInEarnings"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInEarnings" xlink:to="bac_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInEarnings_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInEarnings_lbl" xml:lang="en-US"> Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss Included In Earnings </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInEarnings_lbl" xml:lang="en-US"> Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInEarnings_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInMortgageBankingIncomeLoss" xlink:label="bac_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInMortgageBankingIncomeLoss"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInMortgageBankingIncomeLoss" xlink:to="bac_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInMortgageBankingIncomeLoss_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInMortgageBankingIncomeLoss_lbl" xml:lang="en-US"> Fair Value Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss Included In Mortgage Banking Income Loss </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInMortgageBankingIncomeLoss_lbl" xml:lang="en-US"> Mortgage Banking Income (Loss) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInMortgageBankingIncomeLoss_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInEarnings" xlink:label="bac_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInEarnings"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInEarnings" xlink:to="bac_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInEarnings_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInEarnings_lbl" xml:lang="en-US"> Fair Value Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss Included In Earnings </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInEarnings_lbl" xml:lang="en-US"> Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInEarnings_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInTradingRevenue" xlink:label="us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInTradingRevenue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInTradingRevenue" xlink:to="lab_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInTradingRevenue"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInTradingRevenue" xml:lang="en-US"> Fair Value, Liabilities Measured on Recurring Basis, Change in Unrealized Gain (Loss) Included in Trading Revenue </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInTradingRevenue" xml:lang="en-US"> Trading Account Profits (Losses) </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInOtherIncome" xlink:label="us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInOtherIncome"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInOtherIncome" xlink:to="lab_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInOtherIncome"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInOtherIncome" xml:lang="en-US"> Fair Value, Liabilities Measured on Recurring Basis, Change in Unrealized Gain (Loss) Included in Other Income </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInOtherIncome" xml:lang="en-US"> Other Income (Loss) </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInInvestmentIncomeNet" xlink:label="bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInInvestmentIncomeNet"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInInvestmentIncomeNet" xlink:to="bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInInvestmentIncomeNet_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInInvestmentIncomeNet_lbl" xml:lang="en-US"> Fair Value Assets Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss Included In Investment Income Net </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInInvestmentIncomeNet_lbl" xml:lang="en-US"> Equity Investment Income </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInInvestmentIncomeNet_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInTradingRevenueNet" xlink:label="bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInTradingRevenueNet"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInTradingRevenueNet" xlink:to="bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInTradingRevenueNet_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInTradingRevenueNet_lbl" xml:lang="en-US"> Fair Value Assets Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss Included In Trading Revenue Net </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInTradingRevenueNet_lbl" xml:lang="en-US"> Trading Account Profits (Losses) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInTradingRevenueNet_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInMortgageBankingIncomeLossNet" xlink:label="bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInMortgageBankingIncomeLossNet"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInMortgageBankingIncomeLossNet" xlink:to="bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInMortgageBankingIncomeLossNet_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInMortgageBankingIncomeLossNet_lbl" xml:lang="en-US"> Fair Value Assets Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss Included In Mortgage Banking Income Loss Net </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInMortgageBankingIncomeLossNet_lbl" xml:lang="en-US"> Mortgage Banking Income (Loss) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInMortgageBankingIncomeLossNet_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInOtherIncomeNet" xlink:label="bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInOtherIncomeNet"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInOtherIncomeNet" xlink:to="bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInOtherIncomeNet_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInOtherIncomeNet_lbl" xml:lang="en-US"> Fair Value Assets Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss Included In Other Income Net </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInOtherIncomeNet_lbl" xml:lang="en-US"> Other Income (Loss) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInOtherIncomeNet_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInEarningsNet" xlink:label="bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInEarningsNet"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInEarningsNet" xlink:to="bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInEarningsNet_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInEarningsNet_lbl" xml:lang="en-US"> Fair Value Assets Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss Included In Earnings Net </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInEarningsNet_lbl" xml:lang="en-US"> Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInEarningsNet_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LoansHeldForSaleOnNonrecurringBasis" xlink:label="bac_LoansHeldForSaleOnNonrecurringBasis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LoansHeldForSaleOnNonrecurringBasis" xlink:to="bac_LoansHeldForSaleOnNonrecurringBasis_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LoansHeldForSaleOnNonrecurringBasis_lbl" xml:lang="en-US"> Loans Held For Sale On Nonrecurring Basis </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_LoansHeldForSaleOnNonrecurringBasis_lbl" xml:lang="en-US"> Loans held-for-sale </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LoansHeldForSaleOnNonrecurringBasis_lbl" xml:lang="en-US"> This represents the aggregate amount of loans held for sale measured at fair value on a nonrecurring basis categorized as Level 2 and 3 based on observability of inputs. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueOptionChangesInFairValueGainLoss" xlink:label="us-gaap_FairValueOptionChangesInFairValueGainLoss"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueOptionChangesInFairValueGainLoss" xlink:to="lab_FairValueOptionChangesInFairValueGainLoss"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueOptionChangesInFairValueGainLoss" xml:lang="en-US"> Fair Value, Option, Changes in Fair Value, Gain (Loss) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_FairValueOptionChangesInFairValueGainLoss" xml:lang="en-US"> Gains (Losses) Relating to Assets and Liabilities Accounted for Using Fair Value Option </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_SecuredDebtMember" xlink:label="us-gaap_SecuredDebtMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SecuredDebtMember" xlink:to="lab_SecuredDebtMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_SecuredDebtMember" xml:lang="en-US"> Asset-backed Secured Financings [Member] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SecuritiesFinancingAgreementsMember" xlink:label="bac_SecuritiesFinancingAgreementsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SecuritiesFinancingAgreementsMember" xlink:to="bac_SecuritiesFinancingAgreementsMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SecuritiesFinancingAgreementsMember_lbl" xml:lang="en-US"> Securities Financing Agreements [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SecuritiesFinancingAgreementsMember_lbl" xml:lang="en-US"> Securities Financing Agreements. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AggregateCommittedExposure" xlink:label="bac_AggregateCommittedExposure"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AggregateCommittedExposure" xlink:to="bac_AggregateCommittedExposure_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AggregateCommittedExposure_lbl" xml:lang="en-US"> Aggregate committed exposure </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AggregateCommittedExposure_lbl" xml:lang="en-US"> This represents the aggregate committed exposure on unfunded corporate loans and loan commitments which are elected to be carried at fair value. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AggregateCommittedExposure_lbl" xml:lang="en-US"> Aggregate committed exposure </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_LongtermDebtTypeAxis" xlink:label="us-gaap_LongtermDebtTypeAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongtermDebtTypeAxis" xlink:to="lab_LongtermDebtTypeAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_LongtermDebtTypeAxis" xml:lang="en-US"> Long-term Debt, Type [Axis] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_LongtermDebtTypeDomain" xlink:label="us-gaap_LongtermDebtTypeDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongtermDebtTypeDomain" xlink:to="lab_LongtermDebtTypeDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_LongtermDebtTypeDomain" xml:lang="en-US"> Long-term Debt, Type [Domain] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DerivativeInstrumentsGainLossByIncomeStatementLocationAxis" xlink:label="us-gaap_DerivativeInstrumentsGainLossByIncomeStatementLocationAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeInstrumentsGainLossByIncomeStatementLocationAxis" xlink:to="lab_DerivativeInstrumentsGainLossByIncomeStatementLocationAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DerivativeInstrumentsGainLossByIncomeStatementLocationAxis" xml:lang="en-US"> Derivative Instruments, Gain (Loss) by Income Statement Location [Axis] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_IncomeStatementAndOtherComprehensiveIncomeLocationDomain" xlink:label="us-gaap_IncomeStatementAndOtherComprehensiveIncomeLocationDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeStatementAndOtherComprehensiveIncomeLocationDomain" xlink:to="lab_IncomeStatementAndOtherComprehensiveIncomeLocationDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_IncomeStatementAndOtherComprehensiveIncomeLocationDomain" xml:lang="en-US"> Income Statement and Other Comprehensive Income Location [Domain] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_OtherIncomeMember" xlink:label="us-gaap_OtherIncomeMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherIncomeMember" xlink:to="lab_OtherIncomeMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_OtherIncomeMember" xml:lang="en-US"> Other income (loss) [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityTypeAxis" xlink:label="us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityTypeAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityTypeAxis" xlink:to="lab_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityTypeAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityTypeAxis" xml:lang="en-US"> Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, by Liability Type [Axis] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationLiabilityTypesDomain" xlink:label="us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationLiabilityTypesDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationLiabilityTypesDomain" xlink:to="lab_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationLiabilityTypesDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationLiabilityTypesDomain" xml:lang="en-US"> Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Liability Types [Domain] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ShortTermDebtMember" xlink:label="us-gaap_ShortTermDebtMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShortTermDebtMember" xlink:to="lab_ShortTermDebtMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ShortTermDebtMember" xml:lang="en-US"> Commercial paper and other short-term borrowings [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_TradingAccountAssetsMember" xlink:label="us-gaap_TradingAccountAssetsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TradingAccountAssetsMember" xlink:to="lab_TradingAccountAssetsMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_TradingAccountAssetsMember" xml:lang="en-US"> Trading Account Assets [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueByBalanceSheetGroupingDisclosureItemAmountsAxis" xlink:label="us-gaap_FairValueByBalanceSheetGroupingDisclosureItemAmountsAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueByBalanceSheetGroupingDisclosureItemAmountsAxis" xlink:to="lab_FairValueByBalanceSheetGroupingDisclosureItemAmountsAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueByBalanceSheetGroupingDisclosureItemAmountsAxis" xml:lang="en-US"> Fair Value, by Balance Sheet Grouping, Disclosure Item Amounts [Axis] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueDisclosureItemAmountsDomain" xlink:label="us-gaap_FairValueDisclosureItemAmountsDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueDisclosureItemAmountsDomain" xlink:to="lab_FairValueDisclosureItemAmountsDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueDisclosureItemAmountsDomain" xml:lang="en-US"> Fair Value, Disclosure Item Amounts [Domain] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTextBlock" xlink:label="bac_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTextBlock" xlink:to="bac_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTextBlock_lbl" xml:lang="en-US"> Fair value Assets and liabilities measured on Recurring basis Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTextBlock_lbl" xml:lang="en-US"> Fair value Assets and liabilities measured on Recurring basis. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTextBlock_lbl" xml:lang="en-US"> Fair value Assets and liabilities measured on Recurring basis </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LevelThreeTotalRealizedAndUnrealizedGainsLossesIncludedInEarningsTextBlock" xlink:label="bac_LevelThreeTotalRealizedAndUnrealizedGainsLossesIncludedInEarningsTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LevelThreeTotalRealizedAndUnrealizedGainsLossesIncludedInEarningsTextBlock" xlink:to="bac_LevelThreeTotalRealizedAndUnrealizedGainsLossesIncludedInEarningsTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LevelThreeTotalRealizedAndUnrealizedGainsLossesIncludedInEarningsTextBlock_lbl" xml:lang="en-US"> Level Three Total Realized and Unrealized Gains Losses Included in Earnings Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LevelThreeTotalRealizedAndUnrealizedGainsLossesIncludedInEarningsTextBlock_lbl" xml:lang="en-US"> Level 3 Total Realized and Unrealized Gains (Losses) Included in Earnings. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_LevelThreeTotalRealizedAndUnrealizedGainsLossesIncludedInEarningsTextBlock_lbl" xml:lang="en-US"> Level 3 Total Realized and Unrealized Gains (Losses) Included in Earnings </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_BusinessSegmentInformationDetailsAbstract" xlink:label="bac_BusinessSegmentInformationDetailsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_BusinessSegmentInformationDetailsAbstract" xlink:to="bac_BusinessSegmentInformationDetailsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_BusinessSegmentInformationDetailsAbstract_lbl" xml:lang="en-US"> Business Segment Information (Details) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_BusinessSegmentInformationDetailsAbstract_lbl" xml:lang="en-US"> Business Segment Information Details Abstract. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_SegmentReportingInformationInterestIncomeExpenseNet" xlink:label="us-gaap_SegmentReportingInformationInterestIncomeExpenseNet"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SegmentReportingInformationInterestIncomeExpenseNet" xlink:to="lab_SegmentReportingInformationInterestIncomeExpenseNet"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_SegmentReportingInformationInterestIncomeExpenseNet" xml:lang="en-US"> Segment Reporting Information, Interest Income (Expense), Net </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_SegmentReportingInformationInterestIncomeExpenseNet" xml:lang="en-US"> Segment Reporting Information, Interest Income (Expense), Net, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_SegmentReportingInformationInterestIncomeExpenseNet" xml:lang="en-US"> Net interest income </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_SegmentReportingInformationNoninterestIncome" xlink:label="us-gaap_SegmentReportingInformationNoninterestIncome"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SegmentReportingInformationNoninterestIncome" xlink:to="lab_SegmentReportingInformationNoninterestIncome"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_SegmentReportingInformationNoninterestIncome" xml:lang="en-US"> Segment Reporting Information, Noninterest Income </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_SegmentReportingInformationNoninterestIncome" xml:lang="en-US"> Noninterest income </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_SegmentReportingInformationNoninterestIncome" xml:lang="en-US"> Total noninterest income </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_SegmentReportingInformationProvisionForCreditLosses" xlink:label="us-gaap_SegmentReportingInformationProvisionForCreditLosses"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SegmentReportingInformationProvisionForCreditLosses" xlink:to="lab_SegmentReportingInformationProvisionForCreditLosses"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_SegmentReportingInformationProvisionForCreditLosses" xml:lang="en-US"> Segment Reporting Information, Provision for Credit Losses </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_SegmentReportingInformationProvisionForCreditLosses" xml:lang="en-US"> Provision for credit losses </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_SegmentReportingInformationAmortizationExpense" xlink:label="us-gaap_SegmentReportingInformationAmortizationExpense"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SegmentReportingInformationAmortizationExpense" xlink:to="lab_SegmentReportingInformationAmortizationExpense"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_SegmentReportingInformationAmortizationExpense" xml:lang="en-US"> Segment Reporting Information, Amortization Expense </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_SegmentReportingInformationAmortizationExpense" xml:lang="en-US"> Amortization of intangibles </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_SegmentReportingInformationOtherNoninterestExpense" xlink:label="us-gaap_SegmentReportingInformationOtherNoninterestExpense"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SegmentReportingInformationOtherNoninterestExpense" xlink:to="lab_SegmentReportingInformationOtherNoninterestExpense"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_SegmentReportingInformationOtherNoninterestExpense" xml:lang="en-US"> Segment Reporting Information, Other Noninterest Expense </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_SegmentReportingInformationOtherNoninterestExpense" xml:lang="en-US"> All other noninterest expense </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_SegmentReportingInformationOtherNoninterestExpense" xml:lang="en-US"> Other noninterest expense </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_SegmentReportingInformationOtherNoninterestExpense" xml:lang="en-US"> All other noninterest expense </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_SegmentReportingInformationIncomeLossBeforeIncomeTaxes" xlink:label="us-gaap_SegmentReportingInformationIncomeLossBeforeIncomeTaxes"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SegmentReportingInformationIncomeLossBeforeIncomeTaxes" xlink:to="lab_SegmentReportingInformationIncomeLossBeforeIncomeTaxes"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_SegmentReportingInformationIncomeLossBeforeIncomeTaxes" xml:lang="en-US"> Segment Reporting Information, Income (Loss) before Income Taxes </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_SegmentReportingInformationIncomeLossBeforeIncomeTaxes" xml:lang="en-US"> Segment Reporting Information, Income (Loss) before Income Taxes, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_SegmentReportingInformationIncomeLossBeforeIncomeTaxes" xml:lang="en-US"> Income (loss) before income taxes </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_SegmentReportingInformationIncomeTaxExpenseBenefit" xlink:label="us-gaap_SegmentReportingInformationIncomeTaxExpenseBenefit"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SegmentReportingInformationIncomeTaxExpenseBenefit" xlink:to="lab_SegmentReportingInformationIncomeTaxExpenseBenefit"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_SegmentReportingInformationIncomeTaxExpenseBenefit" xml:lang="en-US"> Segment Reporting Information, Income Tax Expense (Benefit) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_SegmentReportingInformationIncomeTaxExpenseBenefit" xml:lang="en-US"> Income tax expense (benefit) </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_SegmentReportingEntityConsolidatedAssets" xlink:label="us-gaap_SegmentReportingEntityConsolidatedAssets"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SegmentReportingEntityConsolidatedAssets" xlink:to="lab_SegmentReportingEntityConsolidatedAssets"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_SegmentReportingEntityConsolidatedAssets" xml:lang="en-US"> Segment Reporting, Entity Consolidated Assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_SegmentReportingEntityConsolidatedAssets" xml:lang="en-US"> Year end total assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_SegmentReportingEntityConsolidatedAssets" xml:lang="en-US"> Consolidated total assets </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_SegmentReportingInformationProfitLoss" xlink:label="us-gaap_SegmentReportingInformationProfitLoss"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SegmentReportingInformationProfitLoss" xlink:to="lab_SegmentReportingInformationProfitLoss"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_SegmentReportingInformationProfitLoss" xml:lang="en-US"> Segment Reporting Information, Profit (Loss) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_SegmentReportingInformationProfitLoss" xml:lang="en-US"> Net income (loss) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_SegmentReportingInformationProfitLoss" xml:lang="en-US"> Consolidated net income (loss) </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_BusinessSegmentInformationTablesAbstract" xlink:label="bac_BusinessSegmentInformationTablesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_BusinessSegmentInformationTablesAbstract" xlink:to="bac_BusinessSegmentInformationTablesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_BusinessSegmentInformationTablesAbstract_lbl" xml:lang="en-US"> Business Segment Information (Tables) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_BusinessSegmentInformationTablesAbstract_lbl" xml:lang="en-US"> Business Segment Information Tables Abstract. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock" xlink:label="us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock" xlink:to="lab_ScheduleOfSegmentReportingInformationBySegmentTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ScheduleOfSegmentReportingInformationBySegmentTextBlock" xml:lang="en-US"> Schedule of Segment Reporting Information, by Segment [Text Block] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ScheduleOfSegmentReportingInformationBySegmentTextBlock" xml:lang="en-US"> Business Segments </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_GlobalCardServicesAndAllOtherReconciliationAbstract" xlink:label="bac_GlobalCardServicesAndAllOtherReconciliationAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_GlobalCardServicesAndAllOtherReconciliationAbstract" xlink:to="bac_GlobalCardServicesAndAllOtherReconciliationAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_GlobalCardServicesAndAllOtherReconciliationAbstract_lbl" xml:lang="en-US"> Global Card Services And All Other Reconciliation [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_GlobalCardServicesAndAllOtherReconciliationAbstract_lbl" xml:lang="en-US"> Global Card Services and All Other Reconciliation </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_GlobalCardServicesAndAllOtherReconciliationAbstract_lbl" xml:lang="en-US"> Global Card Services And All Other Reconciliation. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_SegmentReportingEntityConsolidatedRevenueAbstract" xlink:label="us-gaap_SegmentReportingEntityConsolidatedRevenueAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SegmentReportingEntityConsolidatedRevenueAbstract" xlink:to="lab_SegmentReportingEntityConsolidatedRevenueAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_SegmentReportingEntityConsolidatedRevenueAbstract" xml:lang="en-US"> Segment Reporting, Entity Consolidated Revenue [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_SegmentReportingEntityConsolidatedRevenueAbstract" xml:lang="en-US"> Reconciliation of Consolidated Net Income of Business Segments </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_SegmentReportingSegmentRevenue" xlink:label="us-gaap_SegmentReportingSegmentRevenue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SegmentReportingSegmentRevenue" xlink:to="lab_SegmentReportingSegmentRevenue"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_SegmentReportingSegmentRevenue" xml:lang="en-US"> Segment Reporting, Segment Revenue </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_SegmentReportingSegmentRevenue" xml:lang="en-US"> Segments' total revenue, net of interest expense </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SegmentReportingReconcilingAdjustmentAbstract" xlink:label="bac_SegmentReportingReconcilingAdjustmentAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SegmentReportingReconcilingAdjustmentAbstract" xlink:to="bac_SegmentReportingReconcilingAdjustmentAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SegmentReportingReconcilingAdjustmentAbstract_lbl" xml:lang="en-US"> Segment Reporting Reconciling Adjustment [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SegmentReportingReconcilingAdjustmentAbstract_lbl" xml:lang="en-US"> Segment Reporting Reconciling Adjustment Abstract. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_SegmentReportingReconcilingAdjustmentAbstract_lbl" xml:lang="en-US"> Adjustments: </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_SegmentReportingReconcilingItemsRevenue" xlink:label="us-gaap_SegmentReportingReconcilingItemsRevenue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SegmentReportingReconcilingItemsRevenue" xlink:to="lab_SegmentReportingReconcilingItemsRevenue"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_SegmentReportingReconcilingItemsRevenue" xml:lang="en-US"> Segment Reporting, Reconciling Items, Revenue </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_SegmentReportingReconcilingItemsRevenue" xml:lang="en-US"> Adjustments, Segment total revenue </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SegmentReportingSegmentNetIncome" xlink:label="bac_SegmentReportingSegmentNetIncome"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SegmentReportingSegmentNetIncome" xlink:to="bac_SegmentReportingSegmentNetIncome_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SegmentReportingSegmentNetIncome_lbl" xml:lang="en-US"> Segment Reporting Segment Net Income </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_SegmentReportingSegmentNetIncome_lbl" xml:lang="en-US"> Segments' net income </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SegmentReportingSegmentNetIncome_lbl" xml:lang="en-US"> The amount of profit or loss for the period, net of tax, relating to individual reporting segments. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SegmentReportingReconcilingAdjustmentsNetOfTaxAbstract" xlink:label="bac_SegmentReportingReconcilingAdjustmentsNetOfTaxAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SegmentReportingReconcilingAdjustmentsNetOfTaxAbstract" xlink:to="bac_SegmentReportingReconcilingAdjustmentsNetOfTaxAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SegmentReportingReconcilingAdjustmentsNetOfTaxAbstract_lbl" xml:lang="en-US"> Segment Reporting Reconciling Adjustments Net Of Tax [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SegmentReportingReconcilingAdjustmentsNetOfTaxAbstract_lbl" xml:lang="en-US"> Segment Reporting Reconciling Adjustments, Net of Tax. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_SegmentReportingReconcilingAdjustmentsNetOfTaxAbstract_lbl" xml:lang="en-US"> Adjustments, net of taxes: </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SegmentReportingReconcilingItemsNetIncome" xlink:label="bac_SegmentReportingReconcilingItemsNetIncome"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SegmentReportingReconcilingItemsNetIncome" xlink:to="bac_SegmentReportingReconcilingItemsNetIncome_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SegmentReportingReconcilingItemsNetIncome_lbl" xml:lang="en-US"> Segment Reporting Reconciling Items Net Income </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_SegmentReportingReconcilingItemsNetIncome_lbl" xml:lang="en-US"> Adjustments, Segment net income </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SegmentReportingReconcilingItemsNetIncome_lbl" xml:lang="en-US"> Amounts represent adjustments made to individual reporting segments net income for items such as consolidated income, expense and asset amounts that are not specifically allocated to individual business segments. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_SegmentReportingEntityConsolidatedAssetsAbstract" xlink:label="us-gaap_SegmentReportingEntityConsolidatedAssetsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SegmentReportingEntityConsolidatedAssetsAbstract" xlink:to="lab_SegmentReportingEntityConsolidatedAssetsAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_SegmentReportingEntityConsolidatedAssetsAbstract" xml:lang="en-US"> Segment Reporting, Entity Consolidated Assets [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_SegmentReportingEntityConsolidatedAssetsAbstract" xml:lang="en-US"> Reconciliation of Consolidated Total Assets of Business Segments </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_SegmentReportingSegmentAssets" xlink:label="us-gaap_SegmentReportingSegmentAssets"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SegmentReportingSegmentAssets" xlink:to="lab_SegmentReportingSegmentAssets"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_SegmentReportingSegmentAssets" xml:lang="en-US"> Segment Reporting, Segment Assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_SegmentReportingSegmentAssets" xml:lang="en-US"> Segment total assets </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_SegmentReportingReconcilingItemsAssets" xlink:label="us-gaap_SegmentReportingReconcilingItemsAssets"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SegmentReportingReconcilingItemsAssets" xlink:to="lab_SegmentReportingReconcilingItemsAssets"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_SegmentReportingReconcilingItemsAssets" xml:lang="en-US"> Segment Reporting, Reconciling Items, Assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_SegmentReportingReconcilingItemsAssets" xml:lang="en-US"> Adjustments, Segment total assets </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AssetAndLiabilityManagementActivitiesMember" xlink:label="bac_AssetAndLiabilityManagementActivitiesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AssetAndLiabilityManagementActivitiesMember" xlink:to="bac_AssetAndLiabilityManagementActivitiesMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AssetAndLiabilityManagementActivitiesMember_lbl" xml:lang="en-US"> ALM activities [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AssetAndLiabilityManagementActivitiesMember_lbl" xml:lang="en-US"> Asset And Liability Management Activities Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LiquidatingBusinessesMember" xlink:label="bac_LiquidatingBusinessesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LiquidatingBusinessesMember" xlink:to="bac_LiquidatingBusinessesMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LiquidatingBusinessesMember_lbl" xml:lang="en-US"> Liquidating Businesses [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LiquidatingBusinessesMember_lbl" xml:lang="en-US"> Liquidating Businesses Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FullyTaxableEquivalentBasisAdjustmentMember" xlink:label="bac_FullyTaxableEquivalentBasisAdjustmentMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FullyTaxableEquivalentBasisAdjustmentMember" xlink:to="bac_FullyTaxableEquivalentBasisAdjustmentMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FullyTaxableEquivalentBasisAdjustmentMember_lbl" xml:lang="en-US"> FTE basis adjustment [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FullyTaxableEquivalentBasisAdjustmentMember_lbl" xml:lang="en-US"> Fully Taxable Equivalent Basis Adjustment Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_OtherAdjustmentMember" xlink:label="bac_OtherAdjustmentMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_OtherAdjustmentMember" xlink:to="bac_OtherAdjustmentMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_OtherAdjustmentMember_lbl" xml:lang="en-US"> Other Adjustment [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_OtherAdjustmentMember_lbl" xml:lang="en-US"> Other Adjustment Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MergerAndRestructuringChargesMember" xlink:label="bac_MergerAndRestructuringChargesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MergerAndRestructuringChargesMember" xlink:to="bac_MergerAndRestructuringChargesMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MergerAndRestructuringChargesMember_lbl" xml:lang="en-US"> Merger and restructuring charges [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MergerAndRestructuringChargesMember_lbl" xml:lang="en-US"> Merger And Restructuring Charges Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_EliminationOfSegmentExcessAssetAllocationsToMatchLiabilitiesMember" xlink:label="bac_EliminationOfSegmentExcessAssetAllocationsToMatchLiabilitiesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_EliminationOfSegmentExcessAssetAllocationsToMatchLiabilitiesMember" xlink:to="bac_EliminationOfSegmentExcessAssetAllocationsToMatchLiabilitiesMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_EliminationOfSegmentExcessAssetAllocationsToMatchLiabilitiesMember_lbl" xml:lang="en-US"> Elimination of segment excess asset allocations to match liabilities [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_EliminationOfSegmentExcessAssetAllocationsToMatchLiabilitiesMember_lbl" xml:lang="en-US"> Elimination of segment excess asset allocations to match liabilities. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_EliminationOfManagedSecuritizedLoansMember" xlink:label="bac_EliminationOfManagedSecuritizedLoansMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_EliminationOfManagedSecuritizedLoansMember" xlink:to="bac_EliminationOfManagedSecuritizedLoansMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_EliminationOfManagedSecuritizedLoansMember_lbl" xml:lang="en-US"> Elimination of managed securitized loans [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_EliminationOfManagedSecuritizedLoansMember_lbl" xml:lang="en-US"> Elimination of managed securitized loans. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AssetAndLiabilityManagementActivitiesIncludingSecuritiesPortfolioMember" xlink:label="bac_AssetAndLiabilityManagementActivitiesIncludingSecuritiesPortfolioMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AssetAndLiabilityManagementActivitiesIncludingSecuritiesPortfolioMember" xlink:to="bac_AssetAndLiabilityManagementActivitiesIncludingSecuritiesPortfolioMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AssetAndLiabilityManagementActivitiesIncludingSecuritiesPortfolioMember_lbl" xml:lang="en-US"> ALM activities, including securities portfolio [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AssetAndLiabilityManagementActivitiesIncludingSecuritiesPortfolioMember_lbl" xml:lang="en-US"> Asset And Liability Management Activities Including Securities Portfolio Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_BusinessSegmentInformationTextualsAbstract" xlink:label="bac_BusinessSegmentInformationTextualsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_BusinessSegmentInformationTextualsAbstract" xlink:to="bac_BusinessSegmentInformationTextualsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_BusinessSegmentInformationTextualsAbstract_lbl" xml:lang="en-US"> Business Segment Information Textuals Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_BusinessSegmentInformationTextualsAbstract_lbl" xml:lang="en-US"> Business Segment Information Textuals Abstract. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_BusinessSegmentInformationTextualsAbstract_lbl" xml:lang="en-US"> Business Segment Information (Textuals) [Abstract] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MortageServicingRightsDetailsAbstract" xlink:label="bac_MortageServicingRightsDetailsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MortageServicingRightsDetailsAbstract" xlink:to="bac_MortageServicingRightsDetailsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MortageServicingRightsDetailsAbstract_lbl" xml:lang="en-US"> Mortage Servicing Rights (Details) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MortageServicingRightsDetailsAbstract_lbl" xml:lang="en-US"> Mortage Servicing Rights Details Abstract. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ServicingAssetAtFairValueAmountRollForward" xlink:label="us-gaap_ServicingAssetAtFairValueAmountRollForward"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ServicingAssetAtFairValueAmountRollForward" xlink:to="lab_ServicingAssetAtFairValueAmountRollForward"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ServicingAssetAtFairValueAmountRollForward" xml:lang="en-US"> Servicing Asset at Fair Value, Amount [Roll Forward] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ServicingAssetAtFairValueAmountRollForward" xml:lang="en-US"> Activity for residential first mortgage MSRs </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ServicingAssetAtFairValueImpactOfCustomerPayment" xlink:label="bac_ServicingAssetAtFairValueImpactOfCustomerPayment"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ServicingAssetAtFairValueImpactOfCustomerPayment" xlink:to="bac_ServicingAssetAtFairValueImpactOfCustomerPayment_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ServicingAssetAtFairValueImpactOfCustomerPayment_lbl" xml:lang="en-US"> Servicing Asset At Fair Value Impact Of Customer Payment </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ServicingAssetAtFairValueImpactOfCustomerPayment_lbl" xml:lang="en-US"> Impact of customer payments </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ServicingAssetAtFairValueImpactOfCustomerPayment_lbl" xml:lang="en-US"> This represents the impact of customer payments, including refinancing, on the fair value of servicing assets. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ServicingAssetAtFairValueOtherChangesInFairValue" xlink:label="us-gaap_ServicingAssetAtFairValueOtherChangesInFairValue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ServicingAssetAtFairValueOtherChangesInFairValue" xlink:to="lab_ServicingAssetAtFairValueOtherChangesInFairValue"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ServicingAssetAtFairValueOtherChangesInFairValue" xml:lang="en-US"> Servicing Asset at Fair Value, Other Changes in Fair Value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_ServicingAssetAtFairValueOtherChangesInFairValue" xml:lang="en-US"> Other changes in MSR fair value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ServicingAssetAtFairValueOtherChangesInFairValue" xml:lang="en-US"> Other changes in MSR market value </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_AssumptionForFairValueAsOfBalanceSheetDateOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesLineItems" xlink:label="us-gaap_AssumptionForFairValueAsOfBalanceSheetDateOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesLineItems"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AssumptionForFairValueAsOfBalanceSheetDateOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesLineItems" xlink:to="lab_AssumptionForFairValueAsOfBalanceSheetDateOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesLineItems"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_AssumptionForFairValueAsOfBalanceSheetDateOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesLineItems" 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] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_AssumptionForFairValueAsOfBalanceSheetDateOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesLineItems" xml:lang="en-US"> Assumption for Fair Value of MSRs </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AssumptionForFairValueWeightedAverageOptionAdjustedSpread" xlink:label="bac_AssumptionForFairValueWeightedAverageOptionAdjustedSpread"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AssumptionForFairValueWeightedAverageOptionAdjustedSpread" xlink:to="bac_AssumptionForFairValueWeightedAverageOptionAdjustedSpread_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AssumptionForFairValueWeightedAverageOptionAdjustedSpread_lbl" xml:lang="en-US"> Assumption For Fair Value Weighted Average Option Adjusted Spread </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AssumptionForFairValueWeightedAverageOptionAdjustedSpread_lbl" xml:lang="en-US"> Weighted-average option adjusted spread </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AssumptionForFairValueWeightedAverageOptionAdjustedSpread_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FixedRateResidentialMortgageMember" xlink:label="us-gaap_FixedRateResidentialMortgageMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FixedRateResidentialMortgageMember" xlink:to="lab_FixedRateResidentialMortgageMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FixedRateResidentialMortgageMember" xml:lang="en-US"> Fixed [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_AdjustableRateResidentialMortgageMember" xlink:label="us-gaap_AdjustableRateResidentialMortgageMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AdjustableRateResidentialMortgageMember" xlink:to="lab_AdjustableRateResidentialMortgageMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_AdjustableRateResidentialMortgageMember" xml:lang="en-US"> Adjustable [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfAdverseChangeInAssumptionLineItems" xlink:label="us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfAdverseChangeInAssumptionLineItems"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfAdverseChangeInAssumptionLineItems" xlink:to="lab_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfAdverseChangeInAssumptionLineItems"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfAdverseChangeInAssumptionLineItems" xml:lang="en-US"> Sensitivity Analysis of Fair Value of Interests Continued to be Held by Transferor, Servicing Assets or Liabilities, Impact of Adverse Change in Assumption [Line Items] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfAdverseChangeInAssumptionLineItems" xml:lang="en-US"> Sensitivity of the weighted-average lives and fair value of MSRs </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInPrepaymentSpeed" xlink:label="us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInPrepaymentSpeed"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInPrepaymentSpeed" xlink:to="lab_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInPrepaymentSpeed"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInPrepaymentSpeed" xml:lang="en-US"> Sensitivity Analysis of Fair Value of Interests Continued to be Held by Transferor, Servicing Assets or Liabilities, Impact of 10 Percent Adverse Change in Prepayment Speed </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInPrepaymentSpeed" xml:lang="en-US"> Change in Fair Value, Impact of 10% </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInPrepaymentSpeed" xlink:label="us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInPrepaymentSpeed"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInPrepaymentSpeed" xlink:to="lab_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInPrepaymentSpeed"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInPrepaymentSpeed" xml:lang="en-US"> Sensitivity Analysis of Fair Value of Interests Continued to be Held by Transferor, Servicing Assets or Liabilities, Impact of 20 Percent Adverse Change in Prepayment Speed </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInPrepaymentSpeed" xml:lang="en-US"> Change in Fair Value, Impact of 20% </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SensitivityAnalysisOfChangeInWeightedAverageLivesImpactOf10PercentAdverseChangeInPrepaymentRates" xlink:label="bac_SensitivityAnalysisOfChangeInWeightedAverageLivesImpactOf10PercentAdverseChangeInPrepaymentRates"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SensitivityAnalysisOfChangeInWeightedAverageLivesImpactOf10PercentAdverseChangeInPrepaymentRates" xlink:to="bac_SensitivityAnalysisOfChangeInWeightedAverageLivesImpactOf10PercentAdverseChangeInPrepaymentRates_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SensitivityAnalysisOfChangeInWeightedAverageLivesImpactOf10PercentAdverseChangeInPrepaymentRates_lbl" xml:lang="en-US"> Sensitivity Analysis Of Change In Weighted Average Lives Impact Of 10 Percent Adverse Change In Prepayment Rates </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SensitivityAnalysisOfChangeInWeightedAverageLivesImpactOf10PercentAdverseChangeInPrepaymentRates_lbl" xml:lang="en-US"> This represents the hypothetical impact of a 10 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. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_SensitivityAnalysisOfChangeInWeightedAverageLivesImpactOf10PercentAdverseChangeInPrepaymentRates_lbl" xml:lang="en-US"> Change in Weighted average lives, Impact Of 10% in years </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DecreaseMember" xlink:label="bac_DecreaseMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DecreaseMember" xlink:to="bac_DecreaseMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DecreaseMember_lbl" xml:lang="en-US"> Decrease [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DecreaseMember_lbl" xml:lang="en-US"> Decrease Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_IncreaseMember" xlink:label="bac_IncreaseMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_IncreaseMember" xlink:to="bac_IncreaseMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_IncreaseMember_lbl" xml:lang="en-US"> Increase [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_IncreaseMember_lbl" xml:lang="en-US"> Increase Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MortageServicingRightsTextualsAbstract" xlink:label="bac_MortageServicingRightsTextualsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MortageServicingRightsTextualsAbstract" xlink:to="bac_MortageServicingRightsTextualsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MortageServicingRightsTextualsAbstract_lbl" xml:lang="en-US"> Mortage Servicing Rights Textuals Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MortageServicingRightsTextualsAbstract_lbl" xml:lang="en-US"> Mortage Servicing Rights Textuals Abstract. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_MortageServicingRightsTextualsAbstract_lbl" xml:lang="en-US"> Mortage Servicing Rights (Textuals) [Abstract] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CommercialAndResidentialReverseMortgageServicingRights" xlink:label="bac_CommercialAndResidentialReverseMortgageServicingRights"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CommercialAndResidentialReverseMortgageServicingRights" xlink:to="bac_CommercialAndResidentialReverseMortgageServicingRights_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CommercialAndResidentialReverseMortgageServicingRights_lbl" xml:lang="en-US"> Commercial And Residential Reverse Mortgage Servicing Rights </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CommercialAndResidentialReverseMortgageServicingRights_lbl" xml:lang="en-US"> Commercial and residential reverse mortgage MSRs, total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CommercialAndResidentialReverseMortgageServicingRights_lbl" xml:lang="en-US"> This represents total commercial and residential reverse mortgage MSRs which are carried at the lower of cost or market value and accounted for using the amortization method. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_GlobalCardServicesAndAllOtherReconciliationTextBlock" xlink:label="bac_GlobalCardServicesAndAllOtherReconciliationTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_GlobalCardServicesAndAllOtherReconciliationTextBlock" xlink:to="bac_GlobalCardServicesAndAllOtherReconciliationTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_GlobalCardServicesAndAllOtherReconciliationTextBlock_lbl" xml:lang="en-US"> Global Card Services And All Other Reconciliation Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_GlobalCardServicesAndAllOtherReconciliationTextBlock_lbl" xml:lang="en-US"> Global Card Services and All Other Reconciliation </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_GlobalCardServicesAndAllOtherReconciliationTextBlock_lbl" xml:lang="en-US"> Global Card Services And All Other Reconciliation Text Block. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ReconciliationOfConsolidatedNetIncomeOfBusinessSegmentsTextBlock" xlink:label="bac_ReconciliationOfConsolidatedNetIncomeOfBusinessSegmentsTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ReconciliationOfConsolidatedNetIncomeOfBusinessSegmentsTextBlock" xlink:to="bac_ReconciliationOfConsolidatedNetIncomeOfBusinessSegmentsTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ReconciliationOfConsolidatedNetIncomeOfBusinessSegmentsTextBlock_lbl" xml:lang="en-US"> Reconciliation of Consolidated Net Income of Business Segments Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ReconciliationOfConsolidatedNetIncomeOfBusinessSegmentsTextBlock_lbl" xml:lang="en-US"> Reconciliation of Consolidated Net Income of Business Segments Text Block. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ReconciliationOfConsolidatedNetIncomeOfBusinessSegmentsTextBlock_lbl" xml:lang="en-US"> Reconciliation of Consolidated Net Income of Business Segments </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MortageServicingRightsTablesAbstract" xlink:label="bac_MortageServicingRightsTablesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MortageServicingRightsTablesAbstract" xlink:to="bac_MortageServicingRightsTablesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MortageServicingRightsTablesAbstract_lbl" xml:lang="en-US"> Mortage Servicing Rights (Tables) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MortageServicingRightsTablesAbstract_lbl" xml:lang="en-US"> Mortage Servicing Rights Tables Abstract. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ActivityForResidentialFirstMortgageMortgageServicingRightsTextBlock" xlink:label="bac_ActivityForResidentialFirstMortgageMortgageServicingRightsTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ActivityForResidentialFirstMortgageMortgageServicingRightsTextBlock" xlink:to="bac_ActivityForResidentialFirstMortgageMortgageServicingRightsTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ActivityForResidentialFirstMortgageMortgageServicingRightsTextBlock_lbl" xml:lang="en-US"> Activity for residential first mortgage Mortgage Servicing Rights Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ActivityForResidentialFirstMortgageMortgageServicingRightsTextBlock_lbl" xml:lang="en-US"> Activity for residential first mortgage MSRs. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ActivityForResidentialFirstMortgageMortgageServicingRightsTextBlock_lbl" xml:lang="en-US"> Activity for residential first mortgage MSRs </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AssumptionForFairValueOfMortgageServicingRightsTextBlock" xlink:label="bac_AssumptionForFairValueOfMortgageServicingRightsTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AssumptionForFairValueOfMortgageServicingRightsTextBlock" xlink:to="bac_AssumptionForFairValueOfMortgageServicingRightsTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AssumptionForFairValueOfMortgageServicingRightsTextBlock_lbl" xml:lang="en-US"> Assumption For Fair Value Of Mortgage Servicing Rights Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AssumptionForFairValueOfMortgageServicingRightsTextBlock_lbl" xml:lang="en-US"> Assumption for Fair Value of MSRs </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AssumptionForFairValueOfMortgageServicingRightsTextBlock_lbl" xml:lang="en-US"> Assumption For Fair Value Of Mortgage Servicing Rights. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SensitivityOfWeightedAverageLivesAndFairValueOfMortgageServicingRightsTextBlock" xlink:label="bac_SensitivityOfWeightedAverageLivesAndFairValueOfMortgageServicingRightsTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SensitivityOfWeightedAverageLivesAndFairValueOfMortgageServicingRightsTextBlock" xlink:to="bac_SensitivityOfWeightedAverageLivesAndFairValueOfMortgageServicingRightsTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SensitivityOfWeightedAverageLivesAndFairValueOfMortgageServicingRightsTextBlock_lbl" xml:lang="en-US"> Sensitivity Of Weighted Average Lives And Fair Value Of Mortgage Servicing Rights Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_SensitivityOfWeightedAverageLivesAndFairValueOfMortgageServicingRightsTextBlock_lbl" xml:lang="en-US"> Sensitivity of the weighted-average lives and fair value of MSRs </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SensitivityOfWeightedAverageLivesAndFairValueOfMortgageServicingRightsTextBlock_lbl" xml:lang="en-US"> Sensitivity Of Weighted Average Lives And Fair Value Of Mortgage Servicing Rights. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_SegmentReportingRevenueReconcilingItemAxis" xlink:label="us-gaap_SegmentReportingRevenueReconcilingItemAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SegmentReportingRevenueReconcilingItemAxis" xlink:to="lab_SegmentReportingRevenueReconcilingItemAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_SegmentReportingRevenueReconcilingItemAxis" xml:lang="en-US"> Segment Reporting, Amount Per Revenue Reconciling Item [Axis] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_SegmentReportingRevenueReconcilingItemNameDomain" xlink:label="us-gaap_SegmentReportingRevenueReconcilingItemNameDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SegmentReportingRevenueReconcilingItemNameDomain" xlink:to="lab_SegmentReportingRevenueReconcilingItemNameDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_SegmentReportingRevenueReconcilingItemNameDomain" xml:lang="en-US"> Segment Reporting, Revenue Reconciling Item, Name [Domain] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_BusinessSegmentsAbstract" xlink:label="bac_BusinessSegmentsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_BusinessSegmentsAbstract" xlink:to="bac_BusinessSegmentsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_BusinessSegmentsAbstract_lbl" xml:lang="en-US"> Business Segments Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_BusinessSegmentsAbstract_lbl" xml:lang="en-US"> Business Segments. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_BusinessSegmentsAbstract_lbl" xml:lang="en-US"> Business Segments </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_SegmentReportingInformationRevenue" xlink:label="us-gaap_SegmentReportingInformationRevenue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SegmentReportingInformationRevenue" xlink:to="lab_SegmentReportingInformationRevenue"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_SegmentReportingInformationRevenue" xml:lang="en-US"> Segment Reporting Information, Revenue </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_SegmentReportingInformationRevenue" xml:lang="en-US"> Segment Reporting Information, Revenue, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_SegmentReportingInformationRevenue" xml:lang="en-US"> Total revenue, net of interest expense </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_SegmentReportingEntityConsolidatedRevenue" xlink:label="us-gaap_SegmentReportingEntityConsolidatedRevenue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SegmentReportingEntityConsolidatedRevenue" xlink:to="lab_SegmentReportingEntityConsolidatedRevenue"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_SegmentReportingEntityConsolidatedRevenue" xml:lang="en-US"> Segment Reporting, Entity Consolidated Revenue </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_SegmentReportingEntityConsolidatedRevenue" xml:lang="en-US"> Segment Reporting, Entity Consolidated Revenue, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_SegmentReportingEntityConsolidatedRevenue" xml:lang="en-US"> Consolidated revenue, net of interest expense </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ReconciliationOfAssetsFromSegmentToConsolidatedTextBlock" xlink:label="us-gaap_ReconciliationOfAssetsFromSegmentToConsolidatedTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ReconciliationOfAssetsFromSegmentToConsolidatedTextBlock" xlink:to="lab_ReconciliationOfAssetsFromSegmentToConsolidatedTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ReconciliationOfAssetsFromSegmentToConsolidatedTextBlock" xml:lang="en-US"> Reconciliation of Assets from Segment to Consolidated [Text Block] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ReconciliationOfAssetsFromSegmentToConsolidatedTextBlock" xml:lang="en-US"> Reconciliation of Consolidated Total Assets of Business Segments </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_EquityInvestmentsMember" xlink:label="bac_EquityInvestmentsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_EquityInvestmentsMember" xlink:to="bac_EquityInvestmentsMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_EquityInvestmentsMember_lbl" xml:lang="en-US"> Equity investments [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_EquityInvestmentsMember_lbl" xml:lang="en-US"> Equity investments. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ScenarioPreviouslyReportedMember" xlink:label="us-gaap_ScenarioPreviouslyReportedMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScenarioPreviouslyReportedMember" xlink:to="lab_ScenarioPreviouslyReportedMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ScenarioPreviouslyReportedMember" xml:lang="en-US"> Reported Basis [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ScenarioAdjustmentMember" xlink:label="us-gaap_ScenarioAdjustmentMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScenarioAdjustmentMember" xlink:to="lab_ScenarioAdjustmentMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ScenarioAdjustmentMember" xml:lang="en-US"> Securitization Offset [Member] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ServicingAssetAtFairValueAdditionsSales" xlink:label="bac_ServicingAssetAtFairValueAdditionsSales"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ServicingAssetAtFairValueAdditionsSales" xlink:to="bac_ServicingAssetAtFairValueAdditionsSales_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ServicingAssetAtFairValueAdditionsSales_lbl" xml:lang="en-US"> Servicing Asset At Fair Value Additions Sales </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ServicingAssetAtFairValueAdditionsSales_lbl" xml:lang="en-US"> Net additions </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ServicingAssetAtFairValueAdditionsSales_lbl" xml:lang="en-US"> This represents any additions or sales, at fair value, of servicing assets. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ErrorCorrectionsAndPriorPeriodAdjustmentsRestatementByRestatementPeriodAndAmountAxis" xlink:label="us-gaap_ErrorCorrectionsAndPriorPeriodAdjustmentsRestatementByRestatementPeriodAndAmountAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ErrorCorrectionsAndPriorPeriodAdjustmentsRestatementByRestatementPeriodAndAmountAxis" xlink:to="lab_ErrorCorrectionsAndPriorPeriodAdjustmentsRestatementByRestatementPeriodAndAmountAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ErrorCorrectionsAndPriorPeriodAdjustmentsRestatementByRestatementPeriodAndAmountAxis" xml:lang="en-US"> Error Corrections and Prior Period Adjustments Restatement by Restatement Period and Amount [Axis] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_RestatementPeriodAndAmountDomain" xlink:label="us-gaap_RestatementPeriodAndAmountDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RestatementPeriodAndAmountDomain" xlink:to="lab_RestatementPeriodAndAmountDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_RestatementPeriodAndAmountDomain" xml:lang="en-US"> Restatement Period and Amount [Domain] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NonRecourseDebt" xlink:label="bac_NonRecourseDebt"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NonRecourseDebt" xlink:to="bac_NonRecourseDebt_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NonRecourseDebt_lbl" xml:lang="en-US"> Non-recourse debt </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NonRecourseDebt_lbl" 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. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NonRecourseDebt_lbl" xml:lang="en-US"> Non-recourse debt </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:to="lab_VariableInterestEntitiesByClassificationOfEntityAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_VariableInterestEntitiesByClassificationOfEntityAxis" xml:lang="en-US"> Variable Interest Entities by Classification of Entity [Axis] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="us-gaap_ClassificationOfVariableInterestEntityDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:to="lab_ClassificationOfVariableInterestEntityDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ClassificationOfVariableInterestEntityDomain" xml:lang="en-US"> Variable Interest Entity, Classification [Domain] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="us-gaap_VariableInterestEntityPrimaryBeneficiaryMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:to="lab_VariableInterestEntityPrimaryBeneficiaryMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_VariableInterestEntityPrimaryBeneficiaryMember" xml:lang="en-US"> VIE, Primary Beneficiary [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="us-gaap_DebtInstrumentAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentAxis" xlink:to="lab_DebtInstrumentAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DebtInstrumentAxis" xml:lang="en-US"> Debt Instrument [Axis] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="us-gaap_DebtInstrumentNameDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentNameDomain" xlink:to="lab_DebtInstrumentNameDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DebtInstrumentNameDomain" xml:lang="en-US"> Debt Instrument, Name [Domain] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_OtherLiabilitiesMember" xlink:label="us-gaap_OtherLiabilitiesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherLiabilitiesMember" xlink:to="lab_OtherLiabilitiesMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_OtherLiabilitiesMember" xml:lang="en-US"> Other Liabilities </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SecuritizationsAndOtherVariableInterestEntitiesTablesAbstract" xlink:label="bac_SecuritizationsAndOtherVariableInterestEntitiesTablesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SecuritizationsAndOtherVariableInterestEntitiesTablesAbstract" xlink:to="bac_SecuritizationsAndOtherVariableInterestEntitiesTablesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SecuritizationsAndOtherVariableInterestEntitiesTablesAbstract_lbl" xml:lang="en-US"> Securitizations and Other Variable Interest Entities (Tables) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SecuritizationsAndOtherVariableInterestEntitiesTablesAbstract_lbl" xml:lang="en-US"> Securitizations and Other Variable Interest Entities Tables Abstract. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SecuritizationsAndOtherVariableInterestEntitiesTextBlock" xlink:label="bac_SecuritizationsAndOtherVariableInterestEntitiesTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SecuritizationsAndOtherVariableInterestEntitiesTextBlock" xlink:to="bac_SecuritizationsAndOtherVariableInterestEntitiesTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SecuritizationsAndOtherVariableInterestEntitiesTextBlock_lbl" xml:lang="en-US"> Securitizations and Other Variable Interest Entities Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SecuritizationsAndOtherVariableInterestEntitiesTextBlock_lbl" xml:lang="en-US"> Securitizations and Other Variable Interest Entities Text Block. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_SecuritizationsAndOtherVariableInterestEntitiesTextBlock_lbl" xml:lang="en-US"> Securitizations and Other Variable Interest Entities </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SecuritizationsAndOtherVariableInterestEntitiesAbstract" xlink:label="bac_SecuritizationsAndOtherVariableInterestEntitiesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SecuritizationsAndOtherVariableInterestEntitiesAbstract" xlink:to="bac_SecuritizationsAndOtherVariableInterestEntitiesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SecuritizationsAndOtherVariableInterestEntitiesAbstract_lbl" xml:lang="en-US"> Securitizations and Other Variable Interest Entities [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SecuritizationsAndOtherVariableInterestEntitiesAbstract_lbl" xml:lang="en-US"> Securitizations and Other Variable Interest Entities Abstract. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SecuritizationsAndOtherVariableInterestEntitiesTextualsAbstract" xlink:label="bac_SecuritizationsAndOtherVariableInterestEntitiesTextualsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SecuritizationsAndOtherVariableInterestEntitiesTextualsAbstract" xlink:to="bac_SecuritizationsAndOtherVariableInterestEntitiesTextualsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SecuritizationsAndOtherVariableInterestEntitiesTextualsAbstract_lbl" xml:lang="en-US"> Securitizations and Other Variable Interest Entities (Textuals) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SecuritizationsAndOtherVariableInterestEntitiesTextualsAbstract_lbl" xml:lang="en-US"> Securitizations and Other Variable Interest Entities Textuals Abstract. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths" xlink:to="lab_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths" xml:lang="en-US"> Long-term Debt, Maturities, Repayments of Principal in Next Twelve Months </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths" xml:lang="en-US"> 2011 </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo" xlink:to="lab_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo" xml:lang="en-US"> Long-term Debt, Maturities, Repayments of Principal in Year Two </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo" xml:lang="en-US"> 2012 </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree" xlink:to="lab_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree" xml:lang="en-US"> Long-term Debt, Maturities, Repayments of Principal in Year Three </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree" xml:lang="en-US"> 2013 </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour" xlink:to="lab_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour" xml:lang="en-US"> Long-term Debt, Maturities, Repayments of Principal in Year Four </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour" xml:lang="en-US"> 2014 </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_OtherSubsidiariesMember" xlink:label="bac_OtherSubsidiariesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_OtherSubsidiariesMember" xlink:to="bac_OtherSubsidiariesMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_OtherSubsidiariesMember_lbl" xml:lang="en-US"> Other debt [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_OtherSubsidiariesMember_lbl" xml:lang="en-US"> Other Subsidiaries Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ExcludingConsolidatedVariableInterestEntitiesMember" xlink:label="bac_ExcludingConsolidatedVariableInterestEntitiesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ExcludingConsolidatedVariableInterestEntitiesMember" xlink:to="bac_ExcludingConsolidatedVariableInterestEntitiesMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ExcludingConsolidatedVariableInterestEntitiesMember_lbl" xml:lang="en-US"> Excluding consolidated VIEs [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ExcludingConsolidatedVariableInterestEntitiesMember_lbl" xml:lang="en-US"> Excluding consolidated VIEs Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ParentCompanyAndOtherSubsidiariesMember" xlink:label="bac_ParentCompanyAndOtherSubsidiariesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ParentCompanyAndOtherSubsidiariesMember" xlink:to="bac_ParentCompanyAndOtherSubsidiariesMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ParentCompanyAndOtherSubsidiariesMember_lbl" xml:lang="en-US"> Bank of America, N.A. and other subsidiaries [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ParentCompanyAndOtherSubsidiariesMember_lbl" xml:lang="en-US"> Parent Company and other subsidiaries Member. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_LongTermDebtByMaturityAbstract" xlink:label="us-gaap_LongTermDebtByMaturityAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermDebtByMaturityAbstract" xlink:to="lab_LongTermDebtByMaturityAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_LongTermDebtByMaturityAbstract" xml:lang="en-US"> Long-term Debt, by Maturity [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_LongTermDebtByMaturityAbstract" xml:lang="en-US"> Summary of aggregate annual maturities of long-term debt obligations </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SummaryOfAggregateAnnualMaturitiesOfLongTermDebtObligationsTextBlock" xlink:label="bac_SummaryOfAggregateAnnualMaturitiesOfLongTermDebtObligationsTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SummaryOfAggregateAnnualMaturitiesOfLongTermDebtObligationsTextBlock" xlink:to="bac_SummaryOfAggregateAnnualMaturitiesOfLongTermDebtObligationsTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SummaryOfAggregateAnnualMaturitiesOfLongTermDebtObligationsTextBlock_lbl" xml:lang="en-US"> Summary of aggregate annual maturities of long term debt obligations Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SummaryOfAggregateAnnualMaturitiesOfLongTermDebtObligationsTextBlock_lbl" xml:lang="en-US"> Summary of aggregate annual maturities of long-term debt obligations Text Block. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_SummaryOfAggregateAnnualMaturitiesOfLongTermDebtObligationsTextBlock_lbl" xml:lang="en-US"> Summary of aggregate annual maturities of long-term debt obligations </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_OtherStockIssuedDuringPeriodShares" xlink:label="bac_OtherStockIssuedDuringPeriodShares"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_OtherStockIssuedDuringPeriodShares" xlink:to="bac_OtherStockIssuedDuringPeriodShares_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_OtherStockIssuedDuringPeriodShares_lbl" xml:lang="en-US"> Other Stock Issued During Period Shares </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_OtherStockIssuedDuringPeriodShares_lbl" xml:lang="en-US"> Common Equivalent Securities conversion, shares </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_OtherStockIssuedDuringPeriodShares_lbl" xml:lang="en-US"> Represents other changes in the number of other shares issued. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CashReceivedDueToImpactOfAdoptionOfNewConsolidationGuidance" xlink:label="bac_CashReceivedDueToImpactOfAdoptionOfNewConsolidationGuidance"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CashReceivedDueToImpactOfAdoptionOfNewConsolidationGuidance" xlink:to="bac_CashReceivedDueToImpactOfAdoptionOfNewConsolidationGuidance_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CashReceivedDueToImpactOfAdoptionOfNewConsolidationGuidance_lbl" xml:lang="en-US"> Cash received due to impact of adoption of new consolidation guidance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CashReceivedDueToImpactOfAdoptionOfNewConsolidationGuidance_lbl" 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. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CashReceivedDueToImpactOfAdoptionOfNewConsolidationGuidance_lbl" xml:lang="en-US"> Cash received due to impact of adoption of new consolidation guidance </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive" xlink:to="lab_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive" xml:lang="en-US"> Long-term Debt, Maturities, Repayments of Principal in Year Five </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive" xml:lang="en-US"> 2015 </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive" xlink:to="lab_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive" xml:lang="en-US"> Long-term Debt, Maturities, Repayments of Principal after Year Five </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive" xml:lang="en-US"> Thereafter </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_OtherLongTermDebtMember" xlink:label="bac_OtherLongTermDebtMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_OtherLongTermDebtMember" xlink:to="bac_OtherLongTermDebtMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_OtherLongTermDebtMember_lbl" xml:lang="en-US"> Other long-term debt [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_OtherLongTermDebtMember_lbl" xml:lang="en-US"> Other long-term debt member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CumulativeAdjustmentForAccountingChangeConsolidationOfVariableInterestEntities" xlink:label="bac_CumulativeAdjustmentForAccountingChangeConsolidationOfVariableInterestEntities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CumulativeAdjustmentForAccountingChangeConsolidationOfVariableInterestEntities" xlink:to="bac_CumulativeAdjustmentForAccountingChangeConsolidationOfVariableInterestEntities_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CumulativeAdjustmentForAccountingChangeConsolidationOfVariableInterestEntities_lbl" xml:lang="en-US"> Cumulative Adjustment For Accounting Change Consolidation Of Variable Interest Entities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bac_CumulativeAdjustmentForAccountingChangeConsolidationOfVariableInterestEntities_lbl" xml:lang="en-US"> Consolidation of certain variable interest entities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CumulativeAdjustmentForAccountingChangeConsolidationOfVariableInterestEntities_lbl" xml:lang="en-US"> Cumulative adjustment for accounting change - Consolidation of certain variable interest entities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CumulativeAdjustmentForAccountingChangeConsolidationOfVariableInterestEntities_lbl" xml:lang="en-US"> Cumulative effect of initial adoption of new accounting guidance on transfers of financial assets and consolidation of variable interest entities. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CreditRiskOnLoans" xlink:label="bac_CreditRiskOnLoans"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CreditRiskOnLoans" xlink:to="bac_CreditRiskOnLoans_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CreditRiskOnLoans_lbl" xml:lang="en-US"> Credit risk on loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CreditRiskOnLoans_lbl" xml:lang="en-US"> Credit risk on loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CreditRiskOnLoans_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_InterestRateAndForeignCurrencyRiskOnLongTermDebtAndOtherForeignExchangeTransactions" xlink:label="bac_InterestRateAndForeignCurrencyRiskOnLongTermDebtAndOtherForeignExchangeTransactions"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_InterestRateAndForeignCurrencyRiskOnLongTermDebtAndOtherForeignExchangeTransactions" xlink:to="bac_InterestRateAndForeignCurrencyRiskOnLongTermDebtAndOtherForeignExchangeTransactions_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_InterestRateAndForeignCurrencyRiskOnLongTermDebtAndOtherForeignExchangeTransactions_lbl" xml:lang="en-US"> Interest rate and foreign currency risk on long-term debt and other foreign exchange transactions </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_InterestRateAndForeignCurrencyRiskOnLongTermDebtAndOtherForeignExchangeTransactions_lbl" 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. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_InterestRateAndForeignCurrencyRiskOnLongTermDebtAndOtherForeignExchangeTransactions_lbl" xml:lang="en-US"> Interest rate and foreign currency risk on long-term debt and other foreign exchange transactions </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleTable" xlink:label="us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleTable"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleTable" xlink:to="us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleTable_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleTable_lbl" xml:lang="en-US"> New Accounting Pronouncements or Change in Accounting Principle [Table] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleLineItems" xlink:label="us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleLineItems"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleLineItems" xlink:to="us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleLineItems_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleLineItems_lbl" xml:lang="en-US"> New Accounting Pronouncements or Change in Accounting Principle [Line Items] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsLineItems" xlink:label="us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsLineItems"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsLineItems" xlink:to="us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsLineItems_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsLineItems_lbl" xml:lang="en-US"> Schedule of Trading Securities and Other Trading Assets [Line Items] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:to="us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_lbl" xml:lang="en-US"> Schedule of Trading Securities and Other Trading Assets [Table] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_UnpaidPrincipalOfMortgageLoansServicedForInvestors" xlink:label="bac_UnpaidPrincipalOfMortgageLoansServicedForInvestors"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_UnpaidPrincipalOfMortgageLoansServicedForInvestors" xlink:to="bac_UnpaidPrincipalOfMortgageLoansServicedForInvestors_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_UnpaidPrincipalOfMortgageLoansServicedForInvestors_lbl" xml:lang="en-US"> Unpaid Principal Of Mortgage Loans Serviced For Investors </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_UnpaidPrincipalOfMortgageLoansServicedForInvestors_lbl" xml:lang="en-US"> Mortgage loans serviced for investors </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_UnpaidPrincipalOfMortgageLoansServicedForInvestors_lbl" xml:lang="en-US"> Mortgage loans serviced for investors </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_UnpaidPrincipalOfMortgageLoansServicedForInvestors_lbl" xml:lang="en-US"> This represents the unpaid principal balance of mortgage loans serviced for investors at fair value. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ServicingAssetAtFairValueCalculationOfWeightedAverageRemainingLife" xlink:label="bac_ServicingAssetAtFairValueCalculationOfWeightedAverageRemainingLife"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ServicingAssetAtFairValueCalculationOfWeightedAverageRemainingLife" xlink:to="bac_ServicingAssetAtFairValueCalculationOfWeightedAverageRemainingLife_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ServicingAssetAtFairValueCalculationOfWeightedAverageRemainingLife_lbl" xml:lang="en-US"> Servicing Asset At Fair Value Calculation Of Weighted Average Remaining Life </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_ServicingAssetAtFairValueCalculationOfWeightedAverageRemainingLife_lbl" xml:lang="en-US"> Weighted-average life, in years </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ServicingAssetAtFairValueCalculationOfWeightedAverageRemainingLife_lbl" xml:lang="en-US"> Weighted-average life, in years </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ServicingAssetAtFairValueCalculationOfWeightedAverageRemainingLife_lbl" xml:lang="en-US"> This represents the calculated weighted-average remaining life of mortgage servicing rights. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NetIncrementalImpactOfAccountingChangeOnCorporationsConsolidatedBalanceSheetTextBlock" xlink:label="bac_NetIncrementalImpactOfAccountingChangeOnCorporationsConsolidatedBalanceSheetTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NetIncrementalImpactOfAccountingChangeOnCorporationsConsolidatedBalanceSheetTextBlock" xlink:to="bac_NetIncrementalImpactOfAccountingChangeOnCorporationsConsolidatedBalanceSheetTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NetIncrementalImpactOfAccountingChangeOnCorporationsConsolidatedBalanceSheetTextBlock_lbl" xml:lang="en-US"> Net Incremental Impact Of Accounting Change On Corporations Consolidated Balance Sheet Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NetIncrementalImpactOfAccountingChangeOnCorporationsConsolidatedBalanceSheetTextBlock_lbl" xml:lang="en-US"> Net incremental impact of accounting change on the Corporation's Consolidated Balance Sheet. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NetIncrementalImpactOfAccountingChangeOnCorporationsConsolidatedBalanceSheetTextBlock_lbl" xml:lang="en-US"> Net incremental impact of accounting change on the Corporation's Consolidated Balance Sheet </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NetIncrementalImpactOfAccountingChangeOnCorporationsConsolidatedBalanceSheetAbstract" xlink:label="bac_NetIncrementalImpactOfAccountingChangeOnCorporationsConsolidatedBalanceSheetAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NetIncrementalImpactOfAccountingChangeOnCorporationsConsolidatedBalanceSheetAbstract" xlink:to="bac_NetIncrementalImpactOfAccountingChangeOnCorporationsConsolidatedBalanceSheetAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NetIncrementalImpactOfAccountingChangeOnCorporationsConsolidatedBalanceSheetAbstract_lbl" xml:lang="en-US"> Net Incremental Impact Of Accounting Change On Corporations Consolidated Balance Sheet Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NetIncrementalImpactOfAccountingChangeOnCorporationsConsolidatedBalanceSheetAbstract_lbl" xml:lang="en-US"> Net incremental impact of accounting change on the Corporation's Consolidated Balance Sheet. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NetIncrementalImpactOfAccountingChangeOnCorporationsConsolidatedBalanceSheetAbstract_lbl" xml:lang="en-US"> Net incremental impact of accounting change on Corporation's Consolidated Balance Sheet </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AllOtherAssets" xlink:label="bac_AllOtherAssets"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AllOtherAssets" xlink:to="bac_AllOtherAssets_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AllOtherAssets_lbl" xml:lang="en-US"> All Other Assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_AllOtherAssets_lbl" xml:lang="en-US"> All other assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AllOtherAssets_lbl" xml:lang="en-US"> Other assets (includes $xx,xxx and $55,909 measured at fair value) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AllOtherAssets_lbl" xml:lang="en-US"> Carrying amount as of the balance sheet date of assets not otherwise specified in the taxonomy. Also, serves as the sum of assets not individually reported in the financial statements, or not separately disclosed in the notes. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AllOtherLiabilities" xlink:label="bac_AllOtherLiabilities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AllOtherLiabilities" xlink:to="bac_AllOtherLiabilities_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AllOtherLiabilities_lbl" xml:lang="en-US"> All other liabilities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_AllOtherLiabilities_lbl" xml:lang="en-US"> All other liabilities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AllOtherLiabilities_lbl" xml:lang="en-US"> All other liabilities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AllOtherLiabilities_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AllOtherShareholdersEquity" xlink:label="bac_AllOtherShareholdersEquity"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AllOtherShareholdersEquity" xlink:to="bac_AllOtherShareholdersEquity_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AllOtherShareholdersEquity_lbl" xml:lang="en-US"> All Other Shareholders Equity </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_AllOtherShareholdersEquity_lbl" xml:lang="en-US"> All other shareholders' equity </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AllOtherShareholdersEquity_lbl" xml:lang="en-US"> Aggregate par value plus amounts in excess of par or issuance value (in cases of no-par value stock) for nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer) issued and outstanding, net of discount on shares. Aggregate for preferred stock issued and outstanding. Aggregate of par value plus amounts in excess of par value or issuance value (in cases of no-par value stock) for common stock held by shareholders, net of discount on shares. Aggregate value for common stock issued and outstanding. Equity not otherwise defined. Includes deferred compensation for the issuance of common stock issued for the restricted stock awards. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SelectedInformationRelatedToFirstLienMortgageSecuritizationTrustsInWhichCorporationHoldsVariableInterestTextBlock" xlink:label="bac_SelectedInformationRelatedToFirstLienMortgageSecuritizationTrustsInWhichCorporationHoldsVariableInterestTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SelectedInformationRelatedToFirstLienMortgageSecuritizationTrustsInWhichCorporationHoldsVariableInterestTextBlock" xlink:to="bac_SelectedInformationRelatedToFirstLienMortgageSecuritizationTrustsInWhichCorporationHoldsVariableInterestTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SelectedInformationRelatedToFirstLienMortgageSecuritizationTrustsInWhichCorporationHoldsVariableInterestTextBlock_lbl" xml:lang="en-US"> Selected Information Related To First Lien Mortgage Securitization Trusts In Which Corporation Holds Variable Interest Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SelectedInformationRelatedToFirstLienMortgageSecuritizationTrustsInWhichCorporationHoldsVariableInterestTextBlock_lbl" xml:lang="en-US"> Selected information related to first-lien mortgage securitization trusts in which Corporation holds variable interest. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_SelectedInformationRelatedToFirstLienMortgageSecuritizationTrustsInWhichCorporationHoldsVariableInterestTextBlock_lbl" xml:lang="en-US"> Selected information related to first-lien mortgage securitization trusts in which Corporation holds variable interest </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SelectedInformationRelatedToFirstLienMortgageSecuritizationTrustsInWhichCorporationHoldsVariableInterestAbstract" xlink:label="bac_SelectedInformationRelatedToFirstLienMortgageSecuritizationTrustsInWhichCorporationHoldsVariableInterestAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SelectedInformationRelatedToFirstLienMortgageSecuritizationTrustsInWhichCorporationHoldsVariableInterestAbstract" xlink:to="bac_SelectedInformationRelatedToFirstLienMortgageSecuritizationTrustsInWhichCorporationHoldsVariableInterestAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SelectedInformationRelatedToFirstLienMortgageSecuritizationTrustsInWhichCorporationHoldsVariableInterestAbstract_lbl" xml:lang="en-US"> Selected Information Related To First Lien Mortgage Securitization Trusts In Which Corporation Holds Variable Interest Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SelectedInformationRelatedToFirstLienMortgageSecuritizationTrustsInWhichCorporationHoldsVariableInterestAbstract_lbl" xml:lang="en-US"> Selected information related to first-lien mortgage securitization trusts in which Corporation holds variable interest. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_SelectedInformationRelatedToFirstLienMortgageSecuritizationTrustsInWhichCorporationHoldsVariableInterestAbstract_lbl" xml:lang="en-US"> Selected information related to first-lien mortgage securitization trusts in which Corporation holds variable interest </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_OnBalanceSheetAssetsAbstract" xlink:label="bac_OnBalanceSheetAssetsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_OnBalanceSheetAssetsAbstract" xlink:to="bac_OnBalanceSheetAssetsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_OnBalanceSheetAssetsAbstract_lbl" xml:lang="en-US"> On Balance Sheet Assets Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_OnBalanceSheetAssetsAbstract_lbl" xml:lang="en-US"> On-balance sheet assets. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_OnBalanceSheetAssetsAbstract_lbl" xml:lang="en-US"> On-balance sheet assets </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_OnBalanceSheetLiabilitiesAbstract" xlink:label="bac_OnBalanceSheetLiabilitiesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_OnBalanceSheetLiabilitiesAbstract" xlink:to="bac_OnBalanceSheetLiabilitiesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_OnBalanceSheetLiabilitiesAbstract_lbl" xml:lang="en-US"> On Balance Sheet Liabilities Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_OnBalanceSheetLiabilitiesAbstract_lbl" xml:lang="en-US"> On-balance sheet liabilities. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_OnBalanceSheetLiabilitiesAbstract_lbl" xml:lang="en-US"> On-balance sheet liabilities </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TrustLoans" xlink:label="bac_TrustLoans"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TrustLoans" xlink:to="bac_TrustLoans_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TrustLoans_lbl" xml:lang="en-US"> Trust loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TrustLoans_lbl" 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. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_TrustLoans_lbl" xml:lang="en-US"> Trust loans </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SecuritizationsRelatedToHomeEquityTextBlock" xlink:label="bac_SecuritizationsRelatedToHomeEquityTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SecuritizationsRelatedToHomeEquityTextBlock" xlink:to="bac_SecuritizationsRelatedToHomeEquityTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SecuritizationsRelatedToHomeEquityTextBlock_lbl" xml:lang="en-US"> Securitizations Related To Home Equity Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_SecuritizationsRelatedToHomeEquityTextBlock_lbl" xml:lang="en-US"> Securitizations related to home equity </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SecuritizationsRelatedToHomeEquityTextBlock_lbl" xml:lang="en-US"> Securitizations related to home equity. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_InformationRelatedToMultiSellerConduitsTextBlock" xlink:label="bac_InformationRelatedToMultiSellerConduitsTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_InformationRelatedToMultiSellerConduitsTextBlock" xlink:to="bac_InformationRelatedToMultiSellerConduitsTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_InformationRelatedToMultiSellerConduitsTextBlock_lbl" xml:lang="en-US"> Information related to multi seller conduits text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_InformationRelatedToMultiSellerConduitsTextBlock_lbl" xml:lang="en-US"> Information related to multi seller conduits. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_InformationRelatedToMultiSellerConduitsTextBlock_lbl" xml:lang="en-US"> Information related to multi seller conduits </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_InformationRelatedToCollateralizedDebtObligationsVehiclesTextBlock" xlink:label="bac_InformationRelatedToCollateralizedDebtObligationsVehiclesTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_InformationRelatedToCollateralizedDebtObligationsVehiclesTextBlock" xlink:to="bac_InformationRelatedToCollateralizedDebtObligationsVehiclesTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_InformationRelatedToCollateralizedDebtObligationsVehiclesTextBlock_lbl" xml:lang="en-US"> Information related to Collateralized Debt Obligations vehicles text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_InformationRelatedToCollateralizedDebtObligationsVehiclesTextBlock_lbl" xml:lang="en-US"> Information related to CDO vehicles </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_InformationRelatedToCollateralizedDebtObligationsVehiclesTextBlock_lbl" xml:lang="en-US"> Information related to Collateralized Debt Obligations vehicles text Block. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_InformationRelatedToCustomerVehiclesTextBlock" xlink:label="bac_InformationRelatedToCustomerVehiclesTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_InformationRelatedToCustomerVehiclesTextBlock" xlink:to="bac_InformationRelatedToCustomerVehiclesTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_InformationRelatedToCustomerVehiclesTextBlock_lbl" xml:lang="en-US"> Information related to customer vehicles Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_InformationRelatedToCustomerVehiclesTextBlock_lbl" xml:lang="en-US"> Information related to customer vehicles. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_InformationRelatedToCustomerVehiclesTextBlock_lbl" xml:lang="en-US"> Information related to customer vehicles </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_InformationRelatedToOtherVariableInterestEntitiesTextBlock" xlink:label="bac_InformationRelatedToOtherVariableInterestEntitiesTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_InformationRelatedToOtherVariableInterestEntitiesTextBlock" xlink:to="bac_InformationRelatedToOtherVariableInterestEntitiesTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_InformationRelatedToOtherVariableInterestEntitiesTextBlock_lbl" xml:lang="en-US"> Information related to other Variable Interest entities Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_InformationRelatedToOtherVariableInterestEntitiesTextBlock_lbl" xml:lang="en-US"> Information related to other VIEs. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_InformationRelatedToOtherVariableInterestEntitiesTextBlock_lbl" xml:lang="en-US"> Information related to other VIEs </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DeferredTaxAssetsNet" xlink:label="us-gaap_DeferredTaxAssetsNet"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxAssetsNet" xlink:to="lab_DeferredTaxAssetsNet"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DeferredTaxAssetsNet" xml:lang="en-US"> Deferred Tax Assets, Net </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_DeferredTaxAssetsNet" xml:lang="en-US"> Total deferred tax assets, net of valuation allowance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DeferredTaxAssetsNet" xml:lang="en-US"> Deferred tax asset </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LoansRepurchasedFromInvestorsAndSecuritizationTrusts" xlink:label="bac_LoansRepurchasedFromInvestorsAndSecuritizationTrusts"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LoansRepurchasedFromInvestorsAndSecuritizationTrusts" xlink:to="bac_LoansRepurchasedFromInvestorsAndSecuritizationTrusts_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LoansRepurchasedFromInvestorsAndSecuritizationTrusts_lbl" xml:lang="en-US"> Loans repurchased from investors and securitization trusts </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LoansRepurchasedFromInvestorsAndSecuritizationTrusts_lbl" 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. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_LoansRepurchasedFromInvestorsAndSecuritizationTrusts_lbl" xml:lang="en-US"> Loans repurchased from investors and securitization trusts </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NotionalAmountOfSuperSeniorLiquidityExposure" xlink:label="bac_NotionalAmountOfSuperSeniorLiquidityExposure"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NotionalAmountOfSuperSeniorLiquidityExposure" xlink:to="bac_NotionalAmountOfSuperSeniorLiquidityExposure_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NotionalAmountOfSuperSeniorLiquidityExposure_lbl" xml:lang="en-US"> Notional amount of super senior liquidity exposure </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NotionalAmountOfSuperSeniorLiquidityExposure_lbl" xml:lang="en-US"> This represents the notional amount of super senior liquidity exposure to CDO vehicles. These positions referred to as super senior because they represent the most senior positions in the CDO. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NotionalAmountOfSuperSeniorLiquidityExposure_lbl" xml:lang="en-US"> Notional amount of super senior liquidity exposure </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CorporationsInvestmentInUnconsolidatedVehicles" xlink:label="bac_CorporationsInvestmentInUnconsolidatedVehicles"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CorporationsInvestmentInUnconsolidatedVehicles" xlink:to="bac_CorporationsInvestmentInUnconsolidatedVehicles_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CorporationsInvestmentInUnconsolidatedVehicles_lbl" xml:lang="en-US"> Corporation's investment in unconsolidated vehicles </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CorporationsInvestmentInUnconsolidatedVehicles_lbl" xml:lang="en-US"> This represents the Corporation's investment in unconsolidated investment vehicles. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CorporationsMaximumExposureToLossFromConsolidatedAndUnconsolidatedInvestmentVehicles" xlink:label="bac_CorporationsMaximumExposureToLossFromConsolidatedAndUnconsolidatedInvestmentVehicles"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CorporationsMaximumExposureToLossFromConsolidatedAndUnconsolidatedInvestmentVehicles" xlink:to="bac_CorporationsMaximumExposureToLossFromConsolidatedAndUnconsolidatedInvestmentVehicles_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CorporationsMaximumExposureToLossFromConsolidatedAndUnconsolidatedInvestmentVehicles_lbl" xml:lang="en-US"> Corporation's maximum exposure to loss from consolidated and unconsolidated investment vehicles </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CorporationsMaximumExposureToLossFromConsolidatedAndUnconsolidatedInvestmentVehicles_lbl" xml:lang="en-US"> This represents the Corporation's maximum loss exposure associated with consolidated and unconsolidated investment vehicles. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CorporationsMaximumExposureToLossFromConsolidatedAndUnconsolidatedInvestmentVehicles_lbl" xml:lang="en-US"> Corporation's maximum exposure to loss from consolidated and unconsolidated investment vehicles </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ResecuritizationOfMbs" xlink:label="bac_ResecuritizationOfMbs"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ResecuritizationOfMbs" xlink:to="bac_ResecuritizationOfMbs_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ResecuritizationOfMbs_lbl" xml:lang="en-US"> Resecuritization of MBS </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ResecuritizationOfMbs_lbl" xml:lang="en-US"> This represents the amount of MBS the Corporation resecuritized. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ResecuritizationOfMbs_lbl" xml:lang="en-US"> Resecuritization of MBS </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FinancingProvidedForAssetBackedFinancingArrangementsPercentage" xlink:label="bac_FinancingProvidedForAssetBackedFinancingArrangementsPercentage"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FinancingProvidedForAssetBackedFinancingArrangementsPercentage" xlink:to="bac_FinancingProvidedForAssetBackedFinancingArrangementsPercentage_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FinancingProvidedForAssetBackedFinancingArrangementsPercentage_lbl" xml:lang="en-US"> Financing provided for asset-backed financing arrangements, percentage </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FinancingProvidedForAssetBackedFinancingArrangementsPercentage_lbl" xml:lang="en-US"> This represents the percentage of the purchase price for which the Corporation provided financing to certain independent third parties for pools of securities transferred under asset-backed financing arrangements. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FinancingProvidedForAssetBackedFinancingArrangementsPercentage_lbl" xml:lang="en-US"> Financing provided for asset-backed financing arrangements, percentage </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SecuritizationsRelatedInformationAbstract" xlink:label="bac_SecuritizationsRelatedInformationAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SecuritizationsRelatedInformationAbstract" xlink:to="bac_SecuritizationsRelatedInformationAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SecuritizationsRelatedInformationAbstract_lbl" xml:lang="en-US"> Securitizations Related Information [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SecuritizationsRelatedInformationAbstract_lbl" xml:lang="en-US"> Securitizations Related Information. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_SecuritizationsRelatedInformationAbstract_lbl" xml:lang="en-US"> Securitizations related information </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CollectionReinvestedInRevolvingPeriodSecuritizations" xlink:label="bac_CollectionReinvestedInRevolvingPeriodSecuritizations"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CollectionReinvestedInRevolvingPeriodSecuritizations" xlink:to="bac_CollectionReinvestedInRevolvingPeriodSecuritizations_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CollectionReinvestedInRevolvingPeriodSecuritizations_lbl" xml:lang="en-US"> Collection reinvested in revolving period securitizations </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CollectionReinvestedInRevolvingPeriodSecuritizations_lbl" xml:lang="en-US"> This represents collection on the receivables securitized by the credit card securitizations trust that is reinvested in revolving period securitizations. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CollectionReinvestedInRevolvingPeriodSecuritizations_lbl" xml:lang="en-US"> Collection reinvested in revolving period securitizations </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_InterestReceivable" xlink:label="us-gaap_InterestReceivable"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestReceivable" xlink:to="lab_InterestReceivable"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_InterestReceivable" xml:lang="en-US"> Trust loans include accrued interest receivables </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CashFlowsBetweenSecuritizationSpecialPurposeEntitySPEAndTransferorProceedsFromCollectionsReinvestedInRevolvingPeriodSecuritizations" xlink:label="us-gaap_CashFlowsBetweenSecuritizationSpecialPurposeEntitySPEAndTransferorProceedsFromCollectionsReinvestedInRevolvingPeriodSecuritizations"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashFlowsBetweenSecuritizationSpecialPurposeEntitySPEAndTransferorProceedsFromCollectionsReinvestedInRevolvingPeriodSecuritizations" xlink:to="lab_CashFlowsBetweenSecuritizationSpecialPurposeEntitySPEAndTransferorProceedsFromCollectionsReinvestedInRevolvingPeriodSecuritizations"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CashFlowsBetweenSecuritizationSpecialPurposeEntitySPEAndTransferorProceedsFromCollectionsReinvestedInRevolvingPeriodSecuritizations" xml:lang="en-US"> Cash Flows Between Securitization Special Purpose Entity SPE And Transferor Proceeds From Collections Reinvested In Revolving Period Securitizations Cash Flows Between Securitization Special Purpose Entity SPE And Transferor Proceeds From Collections Reinvested In Revolving Period Securitizations </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_CashFlowsBetweenSecuritizationSpecialPurposeEntitySPEAndTransferorProceedsFromCollectionsReinvestedInRevolvingPeriodSecuritizations" xml:lang="en-US"> Cash flow received on residual interest </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CashFlowsBetweenSecuritizationSpecialPurposeEntitySPEAndTransferorServicingFeesReceived" xlink:label="us-gaap_CashFlowsBetweenSecuritizationSpecialPurposeEntitySPEAndTransferorServicingFeesReceived"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashFlowsBetweenSecuritizationSpecialPurposeEntitySPEAndTransferorServicingFeesReceived" xlink:to="lab_CashFlowsBetweenSecuritizationSpecialPurposeEntitySPEAndTransferorServicingFeesReceived"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CashFlowsBetweenSecuritizationSpecialPurposeEntitySPEAndTransferorServicingFeesReceived" xml:lang="en-US"> Cash Flows Between Securitization Special Purpose Entity SPE And Transferor Servicing Fees Received </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_CashFlowsBetweenSecuritizationSpecialPurposeEntitySPEAndTransferorServicingFeesReceived" xml:lang="en-US"> Servicing fees related to credit card securitizations </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AvailableForSaleDebtSecuritiesClassifiedAsSubordinateSecurities" xlink:label="bac_AvailableForSaleDebtSecuritiesClassifiedAsSubordinateSecurities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AvailableForSaleDebtSecuritiesClassifiedAsSubordinateSecurities" xlink:to="bac_AvailableForSaleDebtSecuritiesClassifiedAsSubordinateSecurities_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AvailableForSaleDebtSecuritiesClassifiedAsSubordinateSecurities_lbl" xml:lang="en-US"> Available-for-sale debt securities classified as Subordinate securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AvailableForSaleDebtSecuritiesClassifiedAsSubordinateSecurities_lbl" xml:lang="en-US"> Subordinate securities classified and available-for-sale </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AvailableForSaleDebtSecuritiesClassifiedAsSubordinateSecurities_lbl" xml:lang="en-US"> Securities issued that have a claim on the Trust's assets only after the claims of holders of senior debt have been satisfied. For an unclassified balance sheet, total of debt securities categorized neither as held-to-maturity nor trading. Such securities are reported at fair value; unrealized gains and losses of such securities are excluded from earnings and included in other comprehensive income, a separate component of shareholders' equity, unless the Available-for-sale Security is designated as a hedge or is determined to have had an other than temporary decline in fair value below its amortized cost basis. All or a portion of the unrealized holding gain or loss of an Available-for-sale Security that is designated as being hedged in a fair value hedge shall be recognized in earnings during the period of the hedge, as should other than temporary declines in fair value below costs basis. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AutomobileLoansTransferred" xlink:label="bac_AutomobileLoansTransferred"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AutomobileLoansTransferred" xlink:to="bac_AutomobileLoansTransferred_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AutomobileLoansTransferred_lbl" xml:lang="en-US"> Automobile loans transferred </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AutomobileLoansTransferred_lbl" xml:lang="en-US"> The amount of automobile loans the Corporation transferred to asset-backed securitization trusts. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AutomobileLoansTransferred_lbl" xml:lang="en-US"> Automobile loans transferred </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ScheduleOfGoodwillTable" xlink:label="us-gaap_ScheduleOfGoodwillTable"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfGoodwillTable" xlink:to="us-gaap_ScheduleOfGoodwillTable_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfGoodwillTable_lbl" xml:lang="en-US"> Schedule of Goodwill [Table] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_GoodwillLineItems" xlink:label="us-gaap_GoodwillLineItems"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GoodwillLineItems" xlink:to="us-gaap_GoodwillLineItems_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_GoodwillLineItems_lbl" xml:lang="en-US"> Goodwill [Line Items] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ScheduleOfFiniteLivedIntangibleAssetsByMajorClassTable" xlink:label="us-gaap_ScheduleOfFiniteLivedIntangibleAssetsByMajorClassTable"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfFiniteLivedIntangibleAssetsByMajorClassTable" xlink:to="us-gaap_ScheduleOfFiniteLivedIntangibleAssetsByMajorClassTable_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfFiniteLivedIntangibleAssetsByMajorClassTable_lbl" xml:lang="en-US"> Schedule of Finite-Lived Intangible Assets by Major Class [Table] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsLineItems" xlink:label="us-gaap_FiniteLivedIntangibleAssetsLineItems"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FiniteLivedIntangibleAssetsLineItems" xlink:to="us-gaap_FiniteLivedIntangibleAssetsLineItems_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FiniteLivedIntangibleAssetsLineItems_lbl" xml:lang="en-US"> Finite-Lived Intangible Assets [Line Items] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_BusinessAcquisitionAcquireeDomain" xlink:label="us-gaap_BusinessAcquisitionAcquireeDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_BusinessAcquisitionAcquireeDomain" xlink:to="us-gaap_BusinessAcquisitionAcquireeDomain_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_BusinessAcquisitionAcquireeDomain_lbl" xml:lang="en-US"> Business Acquisition Acquiree [Domain] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_BusinessAcquisitionAxis" xlink:label="us-gaap_BusinessAcquisitionAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_BusinessAcquisitionAxis" xlink:to="us-gaap_BusinessAcquisitionAxis_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_BusinessAcquisitionAxis_lbl" xml:lang="en-US"> Business Acquisition [Axis] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="us-gaap_BusinessAcquisitionLineItems"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_BusinessAcquisitionLineItems" xlink:to="us-gaap_BusinessAcquisitionLineItems_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_BusinessAcquisitionLineItems_lbl" xml:lang="en-US"> Business Acquisition [Line Items] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:to="us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_lbl" xml:lang="en-US"> Schedule of Business Acquisitions, by Acquisition [Table] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ChargeToOciDueToConsolidationOfQualifyingSpecialPurposeEntitiesAndVies" xlink:label="bac_ChargeToOciDueToConsolidationOfQualifyingSpecialPurposeEntitiesAndVies"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ChargeToOciDueToConsolidationOfQualifyingSpecialPurposeEntitiesAndVies" xlink:to="bac_ChargeToOciDueToConsolidationOfQualifyingSpecialPurposeEntitiesAndVies_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ChargeToOciDueToConsolidationOfQualifyingSpecialPurposeEntitiesAndVies_lbl" xml:lang="en-US"> Charge To Oci Due To Consolidation Of Qualifying Special Purpose Entities And Vies </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ChargeToOciDueToConsolidationOfQualifyingSpecialPurposeEntitiesAndVies_lbl" xml:lang="en-US"> Charge to accumulated other comprehensive income due to consolidation of qualifying special purpose entities and VIE's </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ChargeToOciDueToConsolidationOfQualifyingSpecialPurposeEntitiesAndVies_lbl" xml:lang="en-US"> Cumulative effect on accumulated other comprehensive income as a result of new accounting guidance on transfers of financial assets and consolidation of variable interest entities. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PriorPeriodReclassifcationFromSalesOfAgencyMortgageBackedSecuritiesToSecuredBorrowings" xlink:label="bac_PriorPeriodReclassifcationFromSalesOfAgencyMortgageBackedSecuritiesToSecuredBorrowings"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PriorPeriodReclassifcationFromSalesOfAgencyMortgageBackedSecuritiesToSecuredBorrowings" xlink:to="bac_PriorPeriodReclassifcationFromSalesOfAgencyMortgageBackedSecuritiesToSecuredBorrowings_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PriorPeriodReclassifcationFromSalesOfAgencyMortgageBackedSecuritiesToSecuredBorrowings_lbl" xml:lang="en-US"> Prior Period Reclassifcation From Sales Of Agency Mortgage Backed Securities To Secured Borrowings </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PriorPeriodReclassifcationFromSalesOfAgencyMortgageBackedSecuritiesToSecuredBorrowings_lbl" xml:lang="en-US"> Secured borrowing amounts treated as sales of agency mortgage-backed securities in prior quarters </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PriorPeriodReclassifcationFromSalesOfAgencyMortgageBackedSecuritiesToSecuredBorrowings_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_RepoToMaturityTransactionsOutstanding" xlink:label="bac_RepoToMaturityTransactionsOutstanding"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_RepoToMaturityTransactionsOutstanding" xlink:to="bac_RepoToMaturityTransactionsOutstanding_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_RepoToMaturityTransactionsOutstanding_lbl" xml:lang="en-US"> Repo To Maturity Transactions Outstanding </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_RepoToMaturityTransactionsOutstanding_lbl" xml:lang="en-US"> Repo-to-maturity transaction amounts outstanding </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_RepoToMaturityTransactionsOutstanding_lbl" xml:lang="en-US"> A transaction where the termination date of the repurchase transaction is the same as the maturity date of the underlying security. Repo-to-maturity transaction are accounted for as sales and the Corporation records a corresponding gain or loss in the Consolidate Statement of Income upon the termination date of the agreement. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_GrossGainsRecordedInOci" xlink:label="bac_GrossGainsRecordedInOci"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_GrossGainsRecordedInOci" xlink:to="bac_GrossGainsRecordedInOci_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_GrossGainsRecordedInOci_lbl" xml:lang="en-US"> Gross gains recorded in OCI </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_GrossGainsRecordedInOci_lbl" xml:lang="en-US"> Gross gains recorded in OCI on credit impaired AFS debt securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_GrossGainsRecordedInOci_lbl" xml:lang="en-US"> When an available-for-sale debt security has credit impairment greater than the total unrealized loss, a gain would be recorded in other comprehensive income. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ExceededFairValueBy" xlink:label="bac_ExceededFairValueBy"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ExceededFairValueBy" xlink:to="bac_ExceededFairValueBy_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ExceededFairValueBy_lbl" xml:lang="en-US"> Exceeded Fair Value By </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ExceededFairValueBy_lbl" xml:lang="en-US"> Amortized cost of AFS securities exceeded fair value by </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ExceededFairValueBy_lbl" xml:lang="en-US"> Represents the amount by which amortized cost of available-for-sale securities exceeded fair value. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_EquityInvestmentInChinaConstructionBankMember" xlink:label="bac_EquityInvestmentInChinaConstructionBankMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_EquityInvestmentInChinaConstructionBankMember" xlink:to="bac_EquityInvestmentInChinaConstructionBankMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_EquityInvestmentInChinaConstructionBankMember_lbl" xml:lang="en-US"> Equity Investment in China Construction Bank Member </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_EquityInvestmentInChinaConstructionBankMember_lbl" xml:lang="en-US"> Equity Investment in China Construction Bank. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_EquityInvestmentInChinaConstructionBankMember_lbl" xml:lang="en-US"> Equity Investment in China Construction Bank [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_EquityMethodInvestmentAggregateCost" xlink:label="us-gaap_EquityMethodInvestmentAggregateCost"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EquityMethodInvestmentAggregateCost" xlink:to="lab_EquityMethodInvestmentAggregateCost"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_EquityMethodInvestmentAggregateCost" xml:lang="en-US"> Equity Method Investment, Aggregate Cost </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_EquityMethodInvestmentAggregateCost" xml:lang="en-US"> Cost of the investment </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_EquityInvestmentInItauUnibancoHoldingSAMember" xlink:label="bac_EquityInvestmentInItauUnibancoHoldingSAMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_EquityInvestmentInItauUnibancoHoldingSAMember" xlink:to="bac_EquityInvestmentInItauUnibancoHoldingSAMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_EquityInvestmentInItauUnibancoHoldingSAMember_lbl" xml:lang="en-US"> Equity Investment In Itau Unibanco Holding SA Member </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_EquityInvestmentInItauUnibancoHoldingSAMember_lbl" xml:lang="en-US"> Equity Investment In Itau Unibanco Holding SA Member. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_EquityInvestmentInItauUnibancoHoldingSAMember_lbl" xml:lang="en-US"> Equity Investment In Itau Unibanco Holding SA [Member] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_EquityInvestmentInBlackRockMember" xlink:label="bac_EquityInvestmentInBlackRockMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_EquityInvestmentInBlackRockMember" xlink:to="bac_EquityInvestmentInBlackRockMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_EquityInvestmentInBlackRockMember_lbl" xml:lang="en-US"> Equity Investment in BlackRock Member </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_EquityInvestmentInBlackRockMember_lbl" xml:lang="en-US"> Equity Investment in BlackRock Member. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_EquityInvestmentInBlackRockMember_lbl" xml:lang="en-US"> Equity Investment in BlackRock [Member] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_EquityInvestmentInFirstDataCorporationMember" xlink:label="bac_EquityInvestmentInFirstDataCorporationMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_EquityInvestmentInFirstDataCorporationMember" xlink:to="bac_EquityInvestmentInFirstDataCorporationMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_EquityInvestmentInFirstDataCorporationMember_lbl" xml:lang="en-US"> Equity Investment In First Data Corporation Member </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_EquityInvestmentInFirstDataCorporationMember_lbl" xml:lang="en-US"> Equity Investment In First Data Corporation Member. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_EquityInvestmentInFirstDataCorporationMember_lbl" xml:lang="en-US"> Equity Investment In First Data Corporation [Member] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AvailableForSaleDebtSecuritiesAmortizedCost" xlink:label="bac_AvailableForSaleDebtSecuritiesAmortizedCost"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AvailableForSaleDebtSecuritiesAmortizedCost" xlink:to="bac_AvailableForSaleDebtSecuritiesAmortizedCost_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AvailableForSaleDebtSecuritiesAmortizedCost_lbl" xml:lang="en-US"> Available For Sale Debt Securities Amortized Cost </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_AvailableForSaleDebtSecuritiesAmortizedCost_lbl" xml:lang="en-US"> Amortized Cost - Available-for-Sale Debt Securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AvailableForSaleDebtSecuritiesAmortizedCost_lbl" xml:lang="en-US"> This item represents the cost of debt securities, which are categorized neither as held-to-maturity nor trading, net of adjustments made for accretion, amortization, other-than-temporary impairments, and hedging, if any. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AvailableForSaleMarketableEquitySecuritiesAmortizedCost" xlink:label="bac_AvailableForSaleMarketableEquitySecuritiesAmortizedCost"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AvailableForSaleMarketableEquitySecuritiesAmortizedCost" xlink:to="bac_AvailableForSaleMarketableEquitySecuritiesAmortizedCost_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AvailableForSaleMarketableEquitySecuritiesAmortizedCost_lbl" xml:lang="en-US"> Available For Sale Marketable Equity Securities Amortized Cost </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_AvailableForSaleMarketableEquitySecuritiesAmortizedCost_lbl" xml:lang="en-US"> Amortized Cost - Available-for-Sale Marketable Equity Securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AvailableForSaleMarketableEquitySecuritiesAmortizedCost_lbl" xml:lang="en-US"> Amortized Cost - Available-for-Sale Debt Securities, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AvailableForSaleMarketableEquitySecuritiesAmortizedCost_lbl" xml:lang="en-US"> This item represents the cost of equity securities, which are categorized neither as held-to-maturity nor trading, net of adjustments made for accretion, amortization, other-than-temporary impairments, and hedging, if any. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_LoansReceivableHeldForSaleAmount" xlink:label="us-gaap_LoansReceivableHeldForSaleAmount"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LoansReceivableHeldForSaleAmount" xlink:to="lab_LoansReceivableHeldForSaleAmount"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_LoansReceivableHeldForSaleAmount" xml:lang="en-US"> Loans Receivable Held-for-sale, Amount </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_LoansReceivableHeldForSaleAmount" xml:lang="en-US"> Loans held for sale </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_UnfundedLoanCommitmentsCoveredInAccruedExpensesAndOtherLiabilities" xlink:label="bac_UnfundedLoanCommitmentsCoveredInAccruedExpensesAndOtherLiabilities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_UnfundedLoanCommitmentsCoveredInAccruedExpensesAndOtherLiabilities" xlink:to="bac_UnfundedLoanCommitmentsCoveredInAccruedExpensesAndOtherLiabilities_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_UnfundedLoanCommitmentsCoveredInAccruedExpensesAndOtherLiabilities_lbl" xml:lang="en-US"> Unfunded Loan Commitments Covered In Accrued Expenses And Other Liabilities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_UnfundedLoanCommitmentsCoveredInAccruedExpensesAndOtherLiabilities_lbl" xml:lang="en-US"> Unfunded loan commitments covered in accrued expenses and other liabilities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_UnfundedLoanCommitmentsCoveredInAccruedExpensesAndOtherLiabilities_lbl" xml:lang="en-US"> This represents the fair value of unfunded corporate loans and loan commitments which are elected to be carried at fair value. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_EquityInvestmentInGrupoFinancieroSantanderSAMember" xlink:label="bac_EquityInvestmentInGrupoFinancieroSantanderSAMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_EquityInvestmentInGrupoFinancieroSantanderSAMember" xlink:to="bac_EquityInvestmentInGrupoFinancieroSantanderSAMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_EquityInvestmentInGrupoFinancieroSantanderSAMember_lbl" xml:lang="en-US"> Equity Investment in Grupo Financiero Santander SA [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_EquityInvestmentInGrupoFinancieroSantanderSAMember_lbl" xml:lang="en-US"> Equity Investment In Grupo Financiero Santander SA. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CorporationsInvestmentInUnconsolidatedRealEstateVehicles" xlink:label="bac_CorporationsInvestmentInUnconsolidatedRealEstateVehicles"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CorporationsInvestmentInUnconsolidatedRealEstateVehicles" xlink:to="bac_CorporationsInvestmentInUnconsolidatedRealEstateVehicles_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CorporationsInvestmentInUnconsolidatedRealEstateVehicles_lbl" xml:lang="en-US"> Corporation's investment in unconsolidated real estate vehicles </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CorporationsInvestmentInUnconsolidatedRealEstateVehicles_lbl" xml:lang="en-US"> This represents the Corporation's investment in unconsolidated real estate vehicles. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CorporationsInvestmentInUnconsolidatedRealEstateVehicles_lbl" xml:lang="en-US"> Corporation's investment in unconsolidated real estate vehicles </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CorporationsMaximumExposureToLossFromOtherNonSuperSeniorExposure" xlink:label="bac_CorporationsMaximumExposureToLossFromOtherNonSuperSeniorExposure"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CorporationsMaximumExposureToLossFromOtherNonSuperSeniorExposure" xlink:to="bac_CorporationsMaximumExposureToLossFromOtherNonSuperSeniorExposure_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CorporationsMaximumExposureToLossFromOtherNonSuperSeniorExposure_lbl" xml:lang="en-US"> Corporation's maximum exposure to loss from other non-super senior exposure </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CorporationsMaximumExposureToLossFromOtherNonSuperSeniorExposure_lbl" xml:lang="en-US"> This represents the Corporation's maximum loss exposure other non-super senior CDO exposures related to CDOs in which the Corporation also has some other form of involvement. This amount is calculated on a gross basis and does not reflect any benefit from purchased insurance. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CorporationsMaximumExposureToLossFromOtherNonSuperSeniorExposure_lbl" xml:lang="en-US"> Corporation's maximum exposure to loss from other non-super senior exposure </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="us-gaap_DebtInstrumentLineItems"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentLineItems" xlink:to="us-gaap_DebtInstrumentLineItems_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentLineItems_lbl" xml:lang="en-US"> Debt Instrument [Line Items] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DebtInstrumentTable" xlink:label="us-gaap_DebtInstrumentTable"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentTable" xlink:to="us-gaap_DebtInstrumentTable_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentTable_lbl" xml:lang="en-US"> Schedule of Long-term Debt Instruments [Table] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PriceRiskOnRestrictedStockAwardsMember" xlink:label="bac_PriceRiskOnRestrictedStockAwardsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PriceRiskOnRestrictedStockAwardsMember" xlink:to="bac_PriceRiskOnRestrictedStockAwardsMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PriceRiskOnRestrictedStockAwardsMember_lbl" xml:lang="en-US"> Price risk on restricted stock awards [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PriceRiskOnRestrictedStockAwardsMember_lbl" xml:lang="en-US"> Price risk on restricted stock awards </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TrustCertificatesOutstanding" xlink:label="bac_TrustCertificatesOutstanding"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TrustCertificatesOutstanding" xlink:to="bac_TrustCertificatesOutstanding_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TrustCertificatesOutstanding_lbl" xml:lang="en-US"> Trust certificates outstanding </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TrustCertificatesOutstanding_lbl" 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. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_TrustCertificatesOutstanding_lbl" xml:lang="en-US"> Trust certificates outstanding </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TotalAssetsOfCorporationsConsolidatedInvestmentVehicles" xlink:label="bac_TotalAssetsOfCorporationsConsolidatedInvestmentVehicles"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TotalAssetsOfCorporationsConsolidatedInvestmentVehicles" xlink:to="bac_TotalAssetsOfCorporationsConsolidatedInvestmentVehicles_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TotalAssetsOfCorporationsConsolidatedInvestmentVehicles_lbl" xml:lang="en-US"> Total assets of the Corporations consolidated investment vehicles </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TotalAssetsOfCorporationsConsolidatedInvestmentVehicles_lbl" xml:lang="en-US"> This represents the total assets of the Corporation's consolidated investment vehicles. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_TotalAssetsOfCorporationsConsolidatedInvestmentVehicles_lbl" xml:lang="en-US"> Total assets of the Corporation's consolidated investment vehicles </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_BalanceOfCreditImpairmentLossWherePortionOfLossRemainsInOCI" xlink:label="bac_BalanceOfCreditImpairmentLossWherePortionOfLossRemainsInOCI"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_BalanceOfCreditImpairmentLossWherePortionOfLossRemainsInOCI" xlink:to="bac_BalanceOfCreditImpairmentLossWherePortionOfLossRemainsInOCI_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_BalanceOfCreditImpairmentLossWherePortionOfLossRemainsInOCI_lbl" xml:lang="en-US"> Balance Of Credit Impairment Loss Where Portion Of Loss Remains In O C I </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="bac_BalanceOfCreditImpairmentLossWherePortionOfLossRemainsInOCI_lbl" xml:lang="en-US"> Balance, December 31 </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="bac_BalanceOfCreditImpairmentLossWherePortionOfLossRemainsInOCI_lbl" xml:lang="en-US"> Balance, beginning balance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_BalanceOfCreditImpairmentLossWherePortionOfLossRemainsInOCI_lbl" xml:lang="en-US"> Total balance of the credit components recognized in earnings related to debt securities held for which a portion of the other-than-temporary impairment loss has remained in other comprehensive income. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_GrossUnrealizedLossesOnAvailableForSaleSecurities" xlink:label="bac_GrossUnrealizedLossesOnAvailableForSaleSecurities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_GrossUnrealizedLossesOnAvailableForSaleSecurities" xlink:to="bac_GrossUnrealizedLossesOnAvailableForSaleSecurities_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_GrossUnrealizedLossesOnAvailableForSaleSecurities_lbl" xml:lang="en-US"> Gross Unrealized Losses On Available For Sale Securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_GrossUnrealizedLossesOnAvailableForSaleSecurities_lbl" xml:lang="en-US"> Gross Unrealized Losses </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_GrossUnrealizedLossesOnAvailableForSaleSecurities_lbl" xml:lang="en-US"> This item represents the gross unrealized losses for securities which are categorized neither as held-to-maturity nor trading securities. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ConsumerLendingLoansWithinDirectIndirectConsumerLoans" xlink:label="bac_ConsumerLendingLoansWithinDirectIndirectConsumerLoans"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ConsumerLendingLoansWithinDirectIndirectConsumerLoans" xlink:to="bac_ConsumerLendingLoansWithinDirectIndirectConsumerLoans_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ConsumerLendingLoansWithinDirectIndirectConsumerLoans_lbl" xml:lang="en-US"> Consumer Lending Loans Within Direct Indirect Consumer Loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ConsumerLendingLoansWithinDirectIndirectConsumerLoans_lbl" xml:lang="en-US"> Consumer Lending within Direct/Indirect consumer loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ConsumerLendingLoansWithinDirectIndirectConsumerLoans_lbl" xml:lang="en-US"> Represents the portion of the Direct/Indirect loans and leases portfolio relating to consumer lending loans that are outstanding as a receivable. Consumer Lending loans consist of personal loans and other non-real estate secured and unsecured loans. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ForeignConsumerLoansWithinDirectIndirectConsumerLoans" xlink:label="bac_ForeignConsumerLoansWithinDirectIndirectConsumerLoans"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ForeignConsumerLoansWithinDirectIndirectConsumerLoans" xlink:to="bac_ForeignConsumerLoansWithinDirectIndirectConsumerLoans_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ForeignConsumerLoansWithinDirectIndirectConsumerLoans_lbl" xml:lang="en-US"> Foreign Consumer Loans Within Direct Indirect Consumer Loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ForeignConsumerLoansWithinDirectIndirectConsumerLoans_lbl" xml:lang="en-US"> Foreign Consumer within Direct/Indirect consumer loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ForeignConsumerLoansWithinDirectIndirectConsumerLoans_lbl" xml:lang="en-US"> Represents the portion of the Direct/Indirect loans and leases portfolio relating to foreign consumer loans that are outstanding as a receivable. Foreign consumer loans consist of the foreign component of securities based lending. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_PaymentsToAcquireHeldToMaturitySecurities" xlink:label="us-gaap_PaymentsToAcquireHeldToMaturitySecurities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsToAcquireHeldToMaturitySecurities" xlink:to="lab_PaymentsToAcquireHeldToMaturitySecurities"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_PaymentsToAcquireHeldToMaturitySecurities" xml:lang="en-US"> Payments to Acquire Held-to-maturity Securities </label>
<label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="lab_PaymentsToAcquireHeldToMaturitySecurities" xml:lang="en-US"> Purchases of held-to-maturity debt securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_PaymentsToAcquireHeldToMaturitySecurities" xml:lang="en-US"> Purchases of held-to-maturity debt securities </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ProceedsFromIssuanceOfCommonStock" xlink:label="us-gaap_ProceedsFromIssuanceOfCommonStock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromIssuanceOfCommonStock" xlink:to="lab_ProceedsFromIssuanceOfCommonStock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ProceedsFromIssuanceOfCommonStock" xml:lang="en-US"> Proceeds from Issuance of Common Stock </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ProceedsFromIssuanceOfCommonStock" xml:lang="en-US"> Proceeds from issuance of common stock </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueNewIssues" xlink:label="us-gaap_StockIssuedDuringPeriodValueNewIssues"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockIssuedDuringPeriodValueNewIssues" xlink:to="lab_StockIssuedDuringPeriodValueNewIssues"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_StockIssuedDuringPeriodValueNewIssues" xml:lang="en-US"> Stock Issued During Period, Value, New Issues </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_StockIssuedDuringPeriodValueNewIssues" xml:lang="en-US"> Issuance of common stock </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_StockConvertedFromOneClassToAnotherClassChangesValue" xlink:label="bac_StockConvertedFromOneClassToAnotherClassChangesValue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_StockConvertedFromOneClassToAnotherClassChangesValue" xlink:to="bac_StockConvertedFromOneClassToAnotherClassChangesValue_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_StockConvertedFromOneClassToAnotherClassChangesValue_lbl" xml:lang="en-US"> Stock Converted From One Class To Another Class Changes Value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_StockConvertedFromOneClassToAnotherClassChangesValue_lbl" xml:lang="en-US"> Exchange of preferred stock </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_StockConvertedFromOneClassToAnotherClassChangesValue_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_StockConvertedFromOneClassToAnotherClassChangesShares" xlink:label="bac_StockConvertedFromOneClassToAnotherClassChangesShares"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_StockConvertedFromOneClassToAnotherClassChangesShares" xlink:to="bac_StockConvertedFromOneClassToAnotherClassChangesShares_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_StockConvertedFromOneClassToAnotherClassChangesShares_lbl" xml:lang="en-US"> Stock Converted From One Class To Another Class Changes Shares </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_StockConvertedFromOneClassToAnotherClassChangesShares_lbl" xml:lang="en-US"> Exchange of preferred stock, shares </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_StockConvertedFromOneClassToAnotherClassChangesShares_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_RequiredVotingInterestForUsingEquityMethodOfAccounting" xlink:label="bac_RequiredVotingInterestForUsingEquityMethodOfAccounting"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_RequiredVotingInterestForUsingEquityMethodOfAccounting" xlink:to="bac_RequiredVotingInterestForUsingEquityMethodOfAccounting_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_RequiredVotingInterestForUsingEquityMethodOfAccounting_lbl" xml:lang="en-US"> Required voting interest for using equity method of accounting </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_RequiredVotingInterestForUsingEquityMethodOfAccounting_lbl" xml:lang="en-US"> Required voting interest for using equity method of accounting. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_RequiredVotingInterestForUsingEquityMethodOfAccounting_lbl" xml:lang="en-US"> Required voting interest for using equity method of accounting </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_GovernmentSponsoredEnterpriseObligationsMember" xlink:label="bac_GovernmentSponsoredEnterpriseObligationsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_GovernmentSponsoredEnterpriseObligationsMember" xlink:to="bac_GovernmentSponsoredEnterpriseObligationsMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_GovernmentSponsoredEnterpriseObligationsMember_lbl" xml:lang="en-US"> Government sponsored enterprise obligations [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_GovernmentSponsoredEnterpriseObligationsMember_lbl" xml:lang="en-US"> Government-sponsored enterprise (GSE) obligations. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PreTaxAdjustmentsToReflectAcquiredAssetsAndLiabilitiesAtFairValueAbstract" xlink:label="bac_PreTaxAdjustmentsToReflectAcquiredAssetsAndLiabilitiesAtFairValueAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PreTaxAdjustmentsToReflectAcquiredAssetsAndLiabilitiesAtFairValueAbstract" xlink:to="bac_PreTaxAdjustmentsToReflectAcquiredAssetsAndLiabilitiesAtFairValueAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PreTaxAdjustmentsToReflectAcquiredAssetsAndLiabilitiesAtFairValueAbstract_lbl" xml:lang="en-US"> Pre Tax Adjustments To Reflect Acquired Assets And Liabilities At Fair Value Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PreTaxAdjustmentsToReflectAcquiredAssetsAndLiabilitiesAtFairValueAbstract_lbl" xml:lang="en-US"> Pre-tax adjustments to reflect acquired assets and liabilities at fair value: </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PreTaxAdjustmentsToReflectAcquiredAssetsAndLiabilitiesAtFairValueAbstract_lbl" xml:lang="en-US"> Pre-tax adjustments to reflect acquired assets and liabilities at fair value. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AcquiredDerivativesAndSecuritiesFairValue" xlink:label="bac_AcquiredDerivativesAndSecuritiesFairValue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AcquiredDerivativesAndSecuritiesFairValue" xlink:to="bac_AcquiredDerivativesAndSecuritiesFairValue_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AcquiredDerivativesAndSecuritiesFairValue_lbl" xml:lang="en-US"> Acquired Derivatives And Securities Fair Value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AcquiredDerivativesAndSecuritiesFairValue_lbl" xml:lang="en-US"> Derivatives and securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AcquiredDerivativesAndSecuritiesFairValue_lbl" xml:lang="en-US"> Represents the amount of purchase price allocated to derivatives and securities acquired at acquisition date. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AcquiredLoansFairValue" xlink:label="bac_AcquiredLoansFairValue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AcquiredLoansFairValue" xlink:to="bac_AcquiredLoansFairValue_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AcquiredLoansFairValue_lbl" xml:lang="en-US"> Acquired Loans Fair Value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AcquiredLoansFairValue_lbl" xml:lang="en-US"> Loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AcquiredLoansFairValue_lbl" xml:lang="en-US"> Represents the amount of purchase price allocated to loans acquired at acquisition date. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AcquiredIntangibleAssetsFairValue" xlink:label="bac_AcquiredIntangibleAssetsFairValue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AcquiredIntangibleAssetsFairValue" xlink:to="bac_AcquiredIntangibleAssetsFairValue_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AcquiredIntangibleAssetsFairValue_lbl" xml:lang="en-US"> Acquired Intangible Assets Fair Value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AcquiredIntangibleAssetsFairValue_lbl" xml:lang="en-US"> Intangible assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AcquiredIntangibleAssetsFairValue_lbl" xml:lang="en-US"> Represents the amount of purchase price allocated to intangible assets at acquisition date. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AcquiredOtherAssetsLiabilitiesFairValue" xlink:label="bac_AcquiredOtherAssetsLiabilitiesFairValue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AcquiredOtherAssetsLiabilitiesFairValue" xlink:to="bac_AcquiredOtherAssetsLiabilitiesFairValue_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AcquiredOtherAssetsLiabilitiesFairValue_lbl" xml:lang="en-US"> Acquired Other Assets Liabilities Fair Value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AcquiredOtherAssetsLiabilitiesFairValue_lbl" xml:lang="en-US"> Other assets/liabilities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AcquiredOtherAssetsLiabilitiesFairValue_lbl" xml:lang="en-US"> Represents the net amount of purchase price allocated to other assets and liabilities not otherwise specified within the taxonomy at the acquisition date. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AcquiredLongTermDebtFairValue" xlink:label="bac_AcquiredLongTermDebtFairValue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AcquiredLongTermDebtFairValue" xlink:to="bac_AcquiredLongTermDebtFairValue_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AcquiredLongTermDebtFairValue_lbl" xml:lang="en-US"> Acquired Long Term Debt Fair Value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AcquiredLongTermDebtFairValue_lbl" xml:lang="en-US"> Long-term debt </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AcquiredLongTermDebtFairValue_lbl" xml:lang="en-US"> Represents the amount of purchase price allocated to long-term debt at acquisition date. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AcquiredPreTaxTotalAdjustmentsFairValue" xlink:label="bac_AcquiredPreTaxTotalAdjustmentsFairValue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AcquiredPreTaxTotalAdjustmentsFairValue" xlink:to="bac_AcquiredPreTaxTotalAdjustmentsFairValue_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AcquiredPreTaxTotalAdjustmentsFairValue_lbl" xml:lang="en-US"> Acquired Pre Tax Total Adjustments Fair Value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AcquiredPreTaxTotalAdjustmentsFairValue_lbl" xml:lang="en-US"> Pre-tax total adjustments </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AcquiredPreTaxTotalAdjustmentsFairValue_lbl" xml:lang="en-US"> Total of pre-tax adjustments to reflect acquired assets and liabilities at fair value. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_InterestRateAndForeignCurrencyRiskOnLongTermDebtMember" xlink:label="bac_InterestRateAndForeignCurrencyRiskOnLongTermDebtMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_InterestRateAndForeignCurrencyRiskOnLongTermDebtMember" xlink:to="bac_InterestRateAndForeignCurrencyRiskOnLongTermDebtMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_InterestRateAndForeignCurrencyRiskOnLongTermDebtMember_lbl" xml:lang="en-US"> Interest Rate and Foreign Currency Risk on Long Term Debt [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_InterestRateAndForeignCurrencyRiskOnLongTermDebtMember_lbl" xml:lang="en-US"> Interest rate and foreign currency risk on long-term debt. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CreditValuationGainsLossesNetOfHedgesRecognizedInTradingAccountProfitsForCounterpartyCreditRisk" xlink:label="bac_CreditValuationGainsLossesNetOfHedgesRecognizedInTradingAccountProfitsForCounterpartyCreditRisk"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CreditValuationGainsLossesNetOfHedgesRecognizedInTradingAccountProfitsForCounterpartyCreditRisk" xlink:to="bac_CreditValuationGainsLossesNetOfHedgesRecognizedInTradingAccountProfitsForCounterpartyCreditRisk_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CreditValuationGainsLossesNetOfHedgesRecognizedInTradingAccountProfitsForCounterpartyCreditRisk_lbl" xml:lang="en-US"> Credit Valuation Gains Losses Net Of Hedges Recognized In Trading Account Profits For Counterparty Credit Risk </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CreditValuationGainsLossesNetOfHedgesRecognizedInTradingAccountProfitsForCounterpartyCreditRisk_lbl" xml:lang="en-US"> Credit valuation gains (losses), net of hedges, for counterparty credit risk related to derivative assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CreditValuationGainsLossesNetOfHedgesRecognizedInTradingAccountProfitsForCounterpartyCreditRisk_lbl" xml:lang="en-US"> Credit valuation gains (losses), net of hedges, recognized in trading account profits for counterparty credit risk. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CreditValuationGainsLossesNetOfHedgesRecognizedInTradingAccountProfitsLosses" xlink:label="bac_CreditValuationGainsLossesNetOfHedgesRecognizedInTradingAccountProfitsLosses"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CreditValuationGainsLossesNetOfHedgesRecognizedInTradingAccountProfitsLosses" xlink:to="bac_CreditValuationGainsLossesNetOfHedgesRecognizedInTradingAccountProfitsLosses_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CreditValuationGainsLossesNetOfHedgesRecognizedInTradingAccountProfitsLosses_lbl" xml:lang="en-US"> Credit Valuation Gains Losses Net Of Hedges Recognized In Trading Account Profits Losses </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CreditValuationGainsLossesNetOfHedgesRecognizedInTradingAccountProfitsLosses_lbl" xml:lang="en-US"> Credit valuation gains (losses), net of hedges, for counterparty credit risk related to derivative liabilities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CreditValuationGainsLossesNetOfHedgesRecognizedInTradingAccountProfitsLosses_lbl" xml:lang="en-US"> Credit valuation gains (losses), net of hedges, recognized in trading account profits (losses). </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CashFlowHedgeGainReclassifiedToInvestmentIncome" xlink:label="us-gaap_CashFlowHedgeGainReclassifiedToInvestmentIncome"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashFlowHedgeGainReclassifiedToInvestmentIncome" xlink:to="lab_CashFlowHedgeGainReclassifiedToInvestmentIncome"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CashFlowHedgeGainReclassifiedToInvestmentIncome" xml:lang="en-US"> Cash Flow Hedge Gain Reclassified to Investment Income </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_CashFlowHedgeGainReclassifiedToInvestmentIncome" xml:lang="en-US"> Reclassification from OCI increased interest income on assets </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_InterestIncomeMember" xlink:label="us-gaap_InterestIncomeMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestIncomeMember" xlink:to="lab_InterestIncomeMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_InterestIncomeMember" xml:lang="en-US"> Interest Income [Member] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_RenegotiatedPortfolioRelatedPortfolio" xlink:label="bac_RenegotiatedPortfolioRelatedPortfolio"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_RenegotiatedPortfolioRelatedPortfolio" xlink:to="bac_RenegotiatedPortfolioRelatedPortfolio_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_RenegotiatedPortfolioRelatedPortfolio_lbl" xml:lang="en-US"> Renegotiated portfolio, Related Portfolio </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_RenegotiatedPortfolioRelatedPortfolio_lbl" xml:lang="en-US"> Renegotiated portfolio that is current or 30 days past due </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_RenegotiatedPortfolioRelatedPortfolio_lbl" xml:lang="en-US"> Represents the renegotiated loan portfolio that is current or 30 days past due. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValuesDerivativesBalanceSheetLocationByDerivativeContractTypeByHedgingDesignationTable" xlink:label="us-gaap_FairValuesDerivativesBalanceSheetLocationByDerivativeContractTypeByHedgingDesignationTable"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValuesDerivativesBalanceSheetLocationByDerivativeContractTypeByHedgingDesignationTable" xlink:to="us-gaap_FairValuesDerivativesBalanceSheetLocationByDerivativeContractTypeByHedgingDesignationTable_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValuesDerivativesBalanceSheetLocationByDerivativeContractTypeByHedgingDesignationTable_lbl" xml:lang="en-US"> Fair Values Derivatives, Balance Sheet Location, by Derivative Contract Type [Table] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DerivativesFairValueLineItems" xlink:label="us-gaap_DerivativesFairValueLineItems"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativesFairValueLineItems" xlink:to="us-gaap_DerivativesFairValueLineItems_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DerivativesFairValueLineItems_lbl" xml:lang="en-US"> Derivatives, Fair Value [Line Items] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TotalRetainedPositions" xlink:label="bac_TotalRetainedPositions"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TotalRetainedPositions" xlink:to="bac_TotalRetainedPositions_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TotalRetainedPositions_lbl" xml:lang="en-US"> Total retained positions </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TotalRetainedPositions_lbl" xml:lang="en-US"> The total on-balance sheet assets held by the Corporation, related to unconsolidated non-agency prime residential mortgage trusts for which the Corporation was transferor and with which the Corporation has continuing involvement, as of the balance sheet date. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_TotalRetainedPositions_lbl" xml:lang="en-US"> Total retained positions </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AllowanceRelatedToAdoptionOfNewConsolidationGuidance" xlink:label="bac_AllowanceRelatedToAdoptionOfNewConsolidationGuidance"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AllowanceRelatedToAdoptionOfNewConsolidationGuidance" xlink:to="bac_AllowanceRelatedToAdoptionOfNewConsolidationGuidance_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AllowanceRelatedToAdoptionOfNewConsolidationGuidance_lbl" xml:lang="en-US"> Allowance related to adoption of new consolidation guidance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_AllowanceRelatedToAdoptionOfNewConsolidationGuidance_lbl" xml:lang="en-US"> Allowance related to adoption of new consolidation guidance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AllowanceRelatedToAdoptionOfNewConsolidationGuidance_lbl" xml:lang="en-US"> Allowance related to adoption of new consolidation guidance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AllowanceRelatedToAdoptionOfNewConsolidationGuidance_lbl" xml:lang="en-US"> Allowance related to adoption of new consolidation guidance. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod" xlink:to="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod" xml:lang="en-US"> Granted, shares </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod" xml:lang="en-US"> Shares of restricted stock and restricted stock units granted </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod" xml:lang="en-US"> Issued restricted stock units </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DeferredCompensationArrangementWithIndividualSharesAuthorizedForIssuance" xlink:label="us-gaap_DeferredCompensationArrangementWithIndividualSharesAuthorizedForIssuance"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredCompensationArrangementWithIndividualSharesAuthorizedForIssuance" xlink:to="lab_DeferredCompensationArrangementWithIndividualSharesAuthorizedForIssuance"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DeferredCompensationArrangementWithIndividualSharesAuthorizedForIssuance" xml:lang="en-US"> Authorized restricted stock units to be settled in common shares </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DeferredCompensationArrangementWithIndividualSharesAuthorizedForIssuance" xml:lang="en-US"> Deferred Compensation Arrangement with Individual, Shares Authorized for Issuance </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PurchasedAutomotiveRetailLoans" xlink:label="bac_PurchasedAutomotiveRetailLoans"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PurchasedAutomotiveRetailLoans" xlink:to="bac_PurchasedAutomotiveRetailLoans_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PurchasedAutomotiveRetailLoans_lbl" xml:lang="en-US"> Purchased automotive retail loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PurchasedAutomotiveRetailLoans_lbl" xml:lang="en-US"> This represents the amount of automotive retail loans purchased under a committed agreement. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PurchasedAutomotiveRetailLoans_lbl" xml:lang="en-US"> Purchased automotive retail loans </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PaymentMadeUnderEmployeeRetirementProtectionPlan" xlink:label="bac_PaymentMadeUnderEmployeeRetirementProtectionPlan"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PaymentMadeUnderEmployeeRetirementProtectionPlan" xlink:to="bac_PaymentMadeUnderEmployeeRetirementProtectionPlan_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PaymentMadeUnderEmployeeRetirementProtectionPlan_lbl" xml:lang="en-US"> Payment made under employee retirement protection plan </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PaymentMadeUnderEmployeeRetirementProtectionPlan_lbl" xml:lang="en-US"> This represents payments made by the Corporation under employee retirement protection plans. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PaymentMadeUnderEmployeeRetirementProtectionPlan_lbl" xml:lang="en-US"> Payment made under employee retirement protection plan </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_GainLossOnLoansAndLeases" xlink:label="bac_GainLossOnLoansAndLeases"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_GainLossOnLoansAndLeases" xlink:to="bac_GainLossOnLoansAndLeases_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_GainLossOnLoansAndLeases_lbl" xml:lang="en-US"> Gain Loss On Loans And Leases </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_GainLossOnLoansAndLeases_lbl" xml:lang="en-US"> Gains (Losses) on loans and leases </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_GainLossOnLoansAndLeases_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_GainLossOnForeclosedProperties" xlink:label="bac_GainLossOnForeclosedProperties"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_GainLossOnForeclosedProperties" xlink:to="bac_GainLossOnForeclosedProperties_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_GainLossOnForeclosedProperties_lbl" xml:lang="en-US"> Gain Loss On Foreclosed Properties </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_GainLossOnForeclosedProperties_lbl" xml:lang="en-US"> Gains (Losses) on Foreclosed Properties </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_GainLossOnForeclosedProperties_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_GainLossOnOtherAssets" xlink:label="bac_GainLossOnOtherAssets"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_GainLossOnOtherAssets" xlink:to="bac_GainLossOnOtherAssets_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_GainLossOnOtherAssets_lbl" xml:lang="en-US"> Gain Loss On Other Assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_GainLossOnOtherAssets_lbl" xml:lang="en-US"> Gains (Losses) on other assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_GainLossOnOtherAssets_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_GainsLossesOnLoansHeldForSale" xlink:label="bac_GainsLossesOnLoansHeldForSale"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_GainsLossesOnLoansHeldForSale" xlink:to="bac_GainsLossesOnLoansHeldForSale_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_GainsLossesOnLoansHeldForSale_lbl" xml:lang="en-US"> Gains (Losses) On Loans Held For Sale </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_GainsLossesOnLoansHeldForSale_lbl" xml:lang="en-US"> Gains (Losses) on loans held-for-sale </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_GainsLossesOnLoansHeldForSale_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_RenegotiatedPortfolioTextBlock" xlink:label="bac_RenegotiatedPortfolioTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_RenegotiatedPortfolioTextBlock" xlink:to="bac_RenegotiatedPortfolioTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_RenegotiatedPortfolioTextBlock_lbl" xml:lang="en-US"> Renegotiated Portfolio Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_RenegotiatedPortfolioTextBlock_lbl" xml:lang="en-US"> Renegotiated Portfolio. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_RenegotiatedPortfolioTextBlock_lbl" xml:lang="en-US"> Renegotiated Portfolio </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TotalRenegotiatedLoans" xlink:label="bac_TotalRenegotiatedLoans"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TotalRenegotiatedLoans" xlink:to="bac_TotalRenegotiatedLoans_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TotalRenegotiatedLoans_lbl" xml:lang="en-US"> Total renegotiated loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TotalRenegotiatedLoans_lbl" xml:lang="en-US"> Represents the total renegotiated loans portfolio that is outstanding as a receivable. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_TotalRenegotiatedLoans_lbl" xml:lang="en-US"> Total renegotiated loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_TotalRenegotiatedLoans_lbl" xml:lang="en-US"> Total renegotiated loans </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueInTotalRenegotiatedLoans" xlink:label="bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueInTotalRenegotiatedLoans"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueInTotalRenegotiatedLoans" xlink:to="bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueInTotalRenegotiatedLoans_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueInTotalRenegotiatedLoans_lbl" xml:lang="en-US"> Percentage Of Balances Current Or Less Than Thirty Days Past Due In Total Renegotiated Loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueInTotalRenegotiatedLoans_lbl" xml:lang="en-US"> Total renegotiated loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueInTotalRenegotiatedLoans_lbl" xml:lang="en-US"> Total renegotiated loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueInTotalRenegotiatedLoans_lbl" xml:lang="en-US"> Represents the percentage of balances current or less than thirty days past due in total renegotiated loans. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CorporateSecuritiesAndOtherMember" xlink:label="bac_CorporateSecuritiesAndOtherMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CorporateSecuritiesAndOtherMember" xlink:to="bac_CorporateSecuritiesAndOtherMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CorporateSecuritiesAndOtherMember_lbl" xml:lang="en-US"> Corporate securities and other [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CorporateSecuritiesAndOtherMember_lbl" xml:lang="en-US"> Corporate securities and other. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CumulativeEffectAdjustmentToRetainedEarningsDueToConsolidationOfQualifyingSpecialPurposeEntitiesAndVies" xlink:label="bac_CumulativeEffectAdjustmentToRetainedEarningsDueToConsolidationOfQualifyingSpecialPurposeEntitiesAndVies"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CumulativeEffectAdjustmentToRetainedEarningsDueToConsolidationOfQualifyingSpecialPurposeEntitiesAndVies" xlink:to="bac_CumulativeEffectAdjustmentToRetainedEarningsDueToConsolidationOfQualifyingSpecialPurposeEntitiesAndVies_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CumulativeEffectAdjustmentToRetainedEarningsDueToConsolidationOfQualifyingSpecialPurposeEntitiesAndVies_lbl" xml:lang="en-US"> Cumulative-effect adjustment to retained earnings due to consolidation of qualifying special purpose entities and VIE's </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CumulativeEffectAdjustmentToRetainedEarningsDueToConsolidationOfQualifyingSpecialPurposeEntitiesAndVies_lbl" xml:lang="en-US"> Cumulative effect adjustment to retained earnings to accumulated other comprehensive income and for the increase in allowance for loan and lease losses as a result of new accounting guidance on transfers of financial assets and consolidation of variable interest entities. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CumulativeEffectAdjustmentToRetainedEarningsDueToConsolidationOfQualifyingSpecialPurposeEntitiesAndVies_lbl" xml:lang="en-US"> Cumulative-effect adjustment to retained earnings due to consolidation of qualifying special purpose entities and VIE's </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NetIncrementalIncreaseInAssetsDueToConsolidationOfQualifyingSpecialPurposeAndVies" xlink:label="bac_NetIncrementalIncreaseInAssetsDueToConsolidationOfQualifyingSpecialPurposeAndVies"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NetIncrementalIncreaseInAssetsDueToConsolidationOfQualifyingSpecialPurposeAndVies" xlink:to="bac_NetIncrementalIncreaseInAssetsDueToConsolidationOfQualifyingSpecialPurposeAndVies_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NetIncrementalIncreaseInAssetsDueToConsolidationOfQualifyingSpecialPurposeAndVies_lbl" xml:lang="en-US"> Net incremental increase in assets due to consolidation of qualifying special purpose and VIE's </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NetIncrementalIncreaseInAssetsDueToConsolidationOfQualifyingSpecialPurposeAndVies_lbl" xml:lang="en-US"> Cumulative effect on assets as a result of the initial adoption of new accounting guidance on transfers of financial assets and consolidation of variable interest entities. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NetIncrementalIncreaseInAssetsDueToConsolidationOfQualifyingSpecialPurposeAndVies_lbl" xml:lang="en-US"> Net incremental increase in assets due to consolidation of qualifying special purpose and VIE's </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NetIncrementalIncreaseInLiabilitiesDueToConsolidationOfQualifyingSpecialPurposeAndVies" xlink:label="bac_NetIncrementalIncreaseInLiabilitiesDueToConsolidationOfQualifyingSpecialPurposeAndVies"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NetIncrementalIncreaseInLiabilitiesDueToConsolidationOfQualifyingSpecialPurposeAndVies" xlink:to="bac_NetIncrementalIncreaseInLiabilitiesDueToConsolidationOfQualifyingSpecialPurposeAndVies_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NetIncrementalIncreaseInLiabilitiesDueToConsolidationOfQualifyingSpecialPurposeAndVies_lbl" xml:lang="en-US"> Net incremental increase in liabilities due to consolidation of qualifying special purpose and VIE's </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NetIncrementalIncreaseInLiabilitiesDueToConsolidationOfQualifyingSpecialPurposeAndVies_lbl" xml:lang="en-US"> Cumulative effect on liabilities as a result of the initial adoption of new accounting guidance on transfers of financial assets and consolidation of variable interest entities. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NetIncrementalIncreaseInLiabilitiesDueToConsolidationOfQualifyingSpecialPurposeAndVies_lbl" xml:lang="en-US"> Net incremental increase in liabilities due to consolidation of qualifying special purpose and VIE's </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AcquiredEntityStockholdersEquity" xlink:label="bac_AcquiredEntityStockholdersEquity"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AcquiredEntityStockholdersEquity" xlink:to="bac_AcquiredEntityStockholdersEquity_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AcquiredEntityStockholdersEquity_lbl" xml:lang="en-US"> Acquired Entity Stockholders Equity </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AcquiredEntityStockholdersEquity_lbl" xml:lang="en-US"> Merrill Lynch stockholders' equity </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AcquiredEntityStockholdersEquity_lbl" xml:lang="en-US"> Represents the amount of purchase price allocated to stockholders' equity acquired at acquisition date. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CashFlowHedgesAndNetInvestmentHedges" xlink:label="bac_CashFlowHedgesAndNetInvestmentHedges"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CashFlowHedgesAndNetInvestmentHedges" xlink:to="bac_CashFlowHedgesAndNetInvestmentHedges_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CashFlowHedgesAndNetInvestmentHedges_lbl" xml:lang="en-US"> Cash Flow Hedges and Net Investment Hedges </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CashFlowHedgesAndNetInvestmentHedges_lbl" xml:lang="en-US"> Cash Flow Hedges and Net Investment Hedges. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CashFlowHedgesAndNetInvestmentHedges_lbl" xml:lang="en-US"> Cash Flow Hedges and Net Investment Hedges </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TotalDebtSecurities" xlink:label="bac_TotalDebtSecurities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TotalDebtSecurities" xlink:to="bac_TotalDebtSecurities_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TotalDebtSecurities_lbl" xml:lang="en-US"> Total Debt Securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_TotalDebtSecurities_lbl" xml:lang="en-US"> Total debt securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_TotalDebtSecurities_lbl" xml:lang="en-US"> Debt securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TotalDebtSecurities_lbl" xml:lang="en-US"> Debt financial instruments include: (1) securities available-for-sale, and (2) securities held-to-maturity. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_OtherProgramMember" xlink:label="bac_OtherProgramMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_OtherProgramMember" xlink:to="bac_OtherProgramMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_OtherProgramMember_lbl" xml:lang="en-US"> Other Program [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_OtherProgramMember_lbl" xml:lang="en-US"> Other Program Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_RenegotiatedLoansDirectOrIndirectConsumer" xlink:label="bac_RenegotiatedLoansDirectOrIndirectConsumer"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_RenegotiatedLoansDirectOrIndirectConsumer" xlink:to="bac_RenegotiatedLoansDirectOrIndirectConsumer_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_RenegotiatedLoansDirectOrIndirectConsumer_lbl" xml:lang="en-US"> Renegotiated Loans Direct Or Indirect Consumer </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_RenegotiatedLoansDirectOrIndirectConsumer_lbl" xml:lang="en-US"> Direct/Indirect consumer </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_RenegotiatedLoansDirectOrIndirectConsumer_lbl" xml:lang="en-US"> Represents the portion of the renegotiated loans direct/indirect consumer portfolio that is outstanding as a receivable. Direct/Indirect consumer loans consist of the following: (1) dealer financial services - automotive, marine and recreational vehicle loans; (2) consumer personal loans and other non-real estate secured and unsecured loans; (3) securities-based lending margin loans; and (4) student loans. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_RenegotiatedLoansOtherConsumer" xlink:label="bac_RenegotiatedLoansOtherConsumer"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_RenegotiatedLoansOtherConsumer" xlink:to="bac_RenegotiatedLoansOtherConsumer_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_RenegotiatedLoansOtherConsumer_lbl" xml:lang="en-US"> Renegotiated Loans Other Consumer </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_RenegotiatedLoansOtherConsumer_lbl" xml:lang="en-US"> Other consumer </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_RenegotiatedLoansOtherConsumer_lbl" xml:lang="en-US"> The gross amount of other consumer renegotiated loans to individuals not otherwise specified in the existing taxonomy. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueOnRenegotiatedLoansInDirectOrIndirectConsumer" xlink:label="bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueOnRenegotiatedLoansInDirectOrIndirectConsumer"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueOnRenegotiatedLoansInDirectOrIndirectConsumer" xlink:to="bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueOnRenegotiatedLoansInDirectOrIndirectConsumer_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueOnRenegotiatedLoansInDirectOrIndirectConsumer_lbl" xml:lang="en-US"> Percentage Of Balances Current Or Less Than Thirty Days Past Due On Renegotiated Loans In Direct Or Indirect Consumer </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueOnRenegotiatedLoansInDirectOrIndirectConsumer_lbl" xml:lang="en-US"> Direct/Indirect consumer </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueOnRenegotiatedLoansInDirectOrIndirectConsumer_lbl" xml:lang="en-US"> Represents the percentage of balances current or less than thirty days past due on renegotiated loans in direct or indirect consumer. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueOnRenegotiatedLoansInOtherConsumer" xlink:label="bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueOnRenegotiatedLoansInOtherConsumer"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueOnRenegotiatedLoansInOtherConsumer" xlink:to="bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueOnRenegotiatedLoansInOtherConsumer_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueOnRenegotiatedLoansInOtherConsumer_lbl" xml:lang="en-US"> Percentage Of Balances Current Or Less Than Thirty Days Past Due On Renegotiated Loans In Other Consumer </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueOnRenegotiatedLoansInOtherConsumer_lbl" xml:lang="en-US"> Other consumer </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueOnRenegotiatedLoansInOtherConsumer_lbl" xml:lang="en-US"> Other consumer </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueOnRenegotiatedLoansInOtherConsumer_lbl" xml:lang="en-US"> Represents the percentage of balances current or less than thirty days past due on renegotiated loans in other consumer. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueOnRenegotiatedLoansInTotalConsumer" xlink:label="bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueOnRenegotiatedLoansInTotalConsumer"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueOnRenegotiatedLoansInTotalConsumer" xlink:to="bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueOnRenegotiatedLoansInTotalConsumer_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueOnRenegotiatedLoansInTotalConsumer_lbl" xml:lang="en-US"> Percentage Of Balances Current Or Less Than Thirty Days Past Due On Renegotiated Loans In Total Consumer </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueOnRenegotiatedLoansInTotalConsumer_lbl" xml:lang="en-US"> Total consumer </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueOnRenegotiatedLoansInTotalConsumer_lbl" xml:lang="en-US"> Total consumer </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueOnRenegotiatedLoansInTotalConsumer_lbl" xml:lang="en-US"> Represents the percentage of balances current or less than thirty days past due on renegotiated loans in total consumer. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueOnRenegotiatedLoansInTotalCommercial" xlink:label="bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueOnRenegotiatedLoansInTotalCommercial"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueOnRenegotiatedLoansInTotalCommercial" xlink:to="bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueOnRenegotiatedLoansInTotalCommercial_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueOnRenegotiatedLoansInTotalCommercial_lbl" xml:lang="en-US"> Percentage Of Balances Current Or Less Than Thirty Days Past Due On Renegotiated Loans In Total Commercial </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueOnRenegotiatedLoansInTotalCommercial_lbl" xml:lang="en-US"> Total commercial </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueOnRenegotiatedLoansInTotalCommercial_lbl" xml:lang="en-US"> Total commercial </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueOnRenegotiatedLoansInTotalCommercial_lbl" xml:lang="en-US"> Represents the percentage of balances current or less than thirty days past due on renegotiated loans in total commercial. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_RenegotiatedPortfolioAbstract" xlink:label="bac_RenegotiatedPortfolioAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_RenegotiatedPortfolioAbstract" xlink:to="bac_RenegotiatedPortfolioAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_RenegotiatedPortfolioAbstract_lbl" xml:lang="en-US"> Renegotiated Portfolio Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_RenegotiatedPortfolioAbstract_lbl" xml:lang="en-US"> Renegotiated Portfolio Abstract. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_RenegotiatedPortfolioAbstract_lbl" xml:lang="en-US"> Renegotiated Portfolio </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LegallyBindingUnfundedCommitmentsDistributedToOtherFinancialInstitutions" xlink:label="bac_LegallyBindingUnfundedCommitmentsDistributedToOtherFinancialInstitutions"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LegallyBindingUnfundedCommitmentsDistributedToOtherFinancialInstitutions" xlink:to="bac_LegallyBindingUnfundedCommitmentsDistributedToOtherFinancialInstitutions_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LegallyBindingUnfundedCommitmentsDistributedToOtherFinancialInstitutions_lbl" xml:lang="en-US"> Legally binding unfunded commitments distributed to other financial institutions </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LegallyBindingUnfundedCommitmentsDistributedToOtherFinancialInstitutions_lbl" xml:lang="en-US"> Legally binding unfunded commitments distributed to other financial institutions. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_LegallyBindingUnfundedCommitmentsDistributedToOtherFinancialInstitutions_lbl" xml:lang="en-US"> Legally binding unfunded commitments distributed to other financial institutions </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CarryingAmountOfThoseLegallyBindingUnfundedLendingCommitments" xlink:label="bac_CarryingAmountOfThoseLegallyBindingUnfundedLendingCommitments"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CarryingAmountOfThoseLegallyBindingUnfundedLendingCommitments" xlink:to="bac_CarryingAmountOfThoseLegallyBindingUnfundedLendingCommitments_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CarryingAmountOfThoseLegallyBindingUnfundedLendingCommitments_lbl" xml:lang="en-US"> Carrying Amount Of Those Legally Binding Unfunded Lending Commitments </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CarryingAmountOfThoseLegallyBindingUnfundedLendingCommitments_lbl" xml:lang="en-US"> This represents the carrying amount of legally binding unfunded lending commitments, excluding commitments accounted for under the fair value option. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CarryingAmountOfThoseLegallyBindingUnfundedLendingCommitments_lbl" xml:lang="en-US"> Carrying amount of those legally binding unfunded lending commitments, excluding commitments accounted for under the fair value option </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DeferredRevenueRelatedToBindingUnfundedLendingCommitments" xlink:label="bac_DeferredRevenueRelatedToBindingUnfundedLendingCommitments"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DeferredRevenueRelatedToBindingUnfundedLendingCommitments" xlink:to="bac_DeferredRevenueRelatedToBindingUnfundedLendingCommitments_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DeferredRevenueRelatedToBindingUnfundedLendingCommitments_lbl" xml:lang="en-US"> Deferred revenue related to binding unfunded lending commitments </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_DeferredRevenueRelatedToBindingUnfundedLendingCommitments_lbl" xml:lang="en-US"> Deferred revenue related to binding unfunded lending commitments </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DeferredRevenueRelatedToBindingUnfundedLendingCommitments_lbl" xml:lang="en-US"> This represents the deferred revenue related to binding unfunded lending commitments. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NotionalAmountOfSblcsAndFinancialGuarantees" xlink:label="bac_NotionalAmountOfSblcsAndFinancialGuarantees"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NotionalAmountOfSblcsAndFinancialGuarantees" xlink:to="bac_NotionalAmountOfSblcsAndFinancialGuarantees_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NotionalAmountOfSblcsAndFinancialGuarantees_lbl" xml:lang="en-US"> Notional amount of Sblcs and financial guarantees </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NotionalAmountOfSblcsAndFinancialGuarantees_lbl" xml:lang="en-US"> Notional amount of SBLCs and financial guarantees. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NotionalAmountOfSblcsAndFinancialGuarantees_lbl" xml:lang="en-US"> Notional amount of SBLCs and financial guarantees </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_HomeEquityLinesOfCredit" xlink:label="bac_HomeEquityLinesOfCredit"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_HomeEquityLinesOfCredit" xlink:to="bac_HomeEquityLinesOfCredit_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_HomeEquityLinesOfCredit_lbl" xml:lang="en-US"> Home equity lines of credit </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_HomeEquityLinesOfCredit_lbl" xml:lang="en-US"> These represent lines of credit issued and secured by the equity in a specific property. After a maximum loan amount is established, the borrower is able to make withdrawals and deposits as long as it meets the conditions set forth in the contract. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_HomeEquityLinesOfCredit_lbl" xml:lang="en-US"> Home equity lines of credit </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_StandbyLettersOfCreditAndFinancialGuarantees" xlink:label="bac_StandbyLettersOfCreditAndFinancialGuarantees"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_StandbyLettersOfCreditAndFinancialGuarantees" xlink:to="bac_StandbyLettersOfCreditAndFinancialGuarantees_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_StandbyLettersOfCreditAndFinancialGuarantees_lbl" xml:lang="en-US"> Standby letters of credit and financial guarantees </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_StandbyLettersOfCreditAndFinancialGuarantees_lbl" xml:lang="en-US"> These represent irrevocable undertakings (typically by a financial institution) to guarantee payment of a specified financial obligation if defined events occur or fail to occur, and agreements (contracts) that require 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. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_StandbyLettersOfCreditAndFinancialGuarantees_lbl" xml:lang="en-US"> Standby letters of credit and financial guarantees </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ComponentsOfNetPeriodicBenefitCostAbstract" xlink:label="bac_ComponentsOfNetPeriodicBenefitCostAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ComponentsOfNetPeriodicBenefitCostAbstract" xlink:to="bac_ComponentsOfNetPeriodicBenefitCostAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ComponentsOfNetPeriodicBenefitCostAbstract_lbl" xml:lang="en-US"> Components Of Net Periodic Benefit Cost Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ComponentsOfNetPeriodicBenefitCostAbstract_lbl" xml:lang="en-US"> Components of net periodic benefit cost (income) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ComponentsOfNetPeriodicBenefitCostAbstract_lbl" xml:lang="en-US"> Components of net periodic benefit cost. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfImpactOf100BpsAdverseChangeInOptionAdjustedSpread" xlink:label="bac_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfImpactOf100BpsAdverseChangeInOptionAdjustedSpread"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfImpactOf100BpsAdverseChangeInOptionAdjustedSpread" xlink:to="bac_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfImpactOf100BpsAdverseChangeInOptionAdjustedSpread_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfImpactOf100BpsAdverseChangeInOptionAdjustedSpread_lbl" xml:lang="en-US"> Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of Impact Of 100 Bps Adverse Change In Option Adjusted Spread </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfImpactOf100BpsAdverseChangeInOptionAdjustedSpread_lbl" xml:lang="en-US"> Change in Fair Value, Impact of 100 bps </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfImpactOf100BpsAdverseChangeInOptionAdjustedSpread_lbl" xml:lang="en-US"> This represents the hypothetical impact of a 100bps change to the option adjusted spread level on the fair value of interests that continue to be held by the transferor, servicing assets, or servicing liabilities as of the balance sheet date. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfImpactOf200BpsAdverseChangeInOptionAdjustedSpread" xlink:label="bac_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfImpactOf200BpsAdverseChangeInOptionAdjustedSpread"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfImpactOf200BpsAdverseChangeInOptionAdjustedSpread" xlink:to="bac_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfImpactOf200BpsAdverseChangeInOptionAdjustedSpread_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfImpactOf200BpsAdverseChangeInOptionAdjustedSpread_lbl" xml:lang="en-US"> Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of Impact Of 200 Bps Adverse Change In Option Adjusted Spread </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfImpactOf200BpsAdverseChangeInOptionAdjustedSpread_lbl" xml:lang="en-US"> Change in Fair Value, Impact of 200 bps </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfImpactOf200BpsAdverseChangeInOptionAdjustedSpread_lbl" xml:lang="en-US"> This represents the hypothetical impact of a 200bps change to the option adjusted spread level on the fair value of interests that continue to be held by the transferor, servicing assets, or servicing liabilities as of the balance sheet date. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SensitivityAnalysisOfChangeInWeightedAverageLivesImpactOf20PercentAdverseChangeInPrepaymentRates" xlink:label="bac_SensitivityAnalysisOfChangeInWeightedAverageLivesImpactOf20PercentAdverseChangeInPrepaymentRates"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SensitivityAnalysisOfChangeInWeightedAverageLivesImpactOf20PercentAdverseChangeInPrepaymentRates" xlink:to="bac_SensitivityAnalysisOfChangeInWeightedAverageLivesImpactOf20PercentAdverseChangeInPrepaymentRates_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SensitivityAnalysisOfChangeInWeightedAverageLivesImpactOf20PercentAdverseChangeInPrepaymentRates_lbl" xml:lang="en-US"> Sensitivity Analysis Of Change In Weighted Average Lives Impact Of 20 Percent Adverse Change In Prepayment Rates </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_SensitivityAnalysisOfChangeInWeightedAverageLivesImpactOf20PercentAdverseChangeInPrepaymentRates_lbl" xml:lang="en-US"> Change in Weighted average lives, Impact Of 20% in years </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SensitivityAnalysisOfChangeInWeightedAverageLivesImpactOf20PercentAdverseChangeInPrepaymentRates_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AllOtherIncomeLoss" xlink:label="bac_AllOtherIncomeLoss"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AllOtherIncomeLoss" xlink:to="bac_AllOtherIncomeLoss_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AllOtherIncomeLoss_lbl" xml:lang="en-US"> All Other Income (loss) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AllOtherIncomeLoss_lbl" xml:lang="en-US"> All Other Income (loss) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AllOtherIncomeLoss_lbl" xml:lang="en-US"> Represents other forms of revenue earned, excluding interest, for the business segment that is otherwise not reported elsewhere. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_SegmentReportingInformationNoninterestExpense" xlink:label="us-gaap_SegmentReportingInformationNoninterestExpense"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SegmentReportingInformationNoninterestExpense" xlink:to="lab_SegmentReportingInformationNoninterestExpense"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_SegmentReportingInformationNoninterestExpense" xml:lang="en-US"> Segment Reporting Information, Noninterest Expense </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_SegmentReportingInformationNoninterestExpense" xml:lang="en-US"> Segment Reporting Information, Noninterest Expense, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_SegmentReportingInformationNoninterestExpense" xml:lang="en-US"> All other noninterest expense </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LoansAndLeasesReceivableDirectAndIndirectConsumer" xlink:label="bac_LoansAndLeasesReceivableDirectAndIndirectConsumer"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LoansAndLeasesReceivableDirectAndIndirectConsumer" xlink:to="bac_LoansAndLeasesReceivableDirectAndIndirectConsumer_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LoansAndLeasesReceivableDirectAndIndirectConsumer_lbl" xml:lang="en-US"> Loans And Leases Receivable Direct And Indirect Consumer </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_LoansAndLeasesReceivableDirectAndIndirectConsumer_lbl" xml:lang="en-US"> Direct/Indirect consumer </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LoansAndLeasesReceivableDirectAndIndirectConsumer_lbl" xml:lang="en-US"> Represents the portion of the loans and leases portfolio relating to direct/indirect consumer loans that are outstanding as a receivable. Direct/Indirect consumer loans consist of the following: (1) dealer financial services - automotive, marine and recreational vehicle loans; (2) consumer personal loans and other non-real estate secured and unsecured loans; (3) securities-based lending margin loans; and (4) student loans. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CommercialRealEstateLoansMeasuredAtFairValue" xlink:label="bac_CommercialRealEstateLoansMeasuredAtFairValue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CommercialRealEstateLoansMeasuredAtFairValue" xlink:to="bac_CommercialRealEstateLoansMeasuredAtFairValue_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CommercialRealEstateLoansMeasuredAtFairValue_lbl" xml:lang="en-US"> Commercial real estate loans measured at fair value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CommercialRealEstateLoansMeasuredAtFairValue_lbl" xml:lang="en-US"> Commercial real estate loans measured at fair value. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CommercialRealEstateLoansMeasuredAtFairValue_lbl" xml:lang="en-US"> Commercial real estate loans measured at fair value </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PercentOfBalancesCurrentOrLessThan30DaysPastDueMember" xlink:label="bac_PercentOfBalancesCurrentOrLessThan30DaysPastDueMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PercentOfBalancesCurrentOrLessThan30DaysPastDueMember" xlink:to="bac_PercentOfBalancesCurrentOrLessThan30DaysPastDueMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PercentOfBalancesCurrentOrLessThan30DaysPastDueMember_lbl" xml:lang="en-US"> Percent of Balances Current or Less Than 30 Days Past Due [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PercentOfBalancesCurrentOrLessThan30DaysPastDueMember_lbl" xml:lang="en-US"> Percent of Balances Current or Less Than 30 Days Past Due [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PercentOfBalancesCurrentOrLessThan30DaysPastDueMember_lbl" xml:lang="en-US"> Percent of balances current or less than 30 days past due. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_StudentLoansWithinDirectIndirectConsumerLoans" xlink:label="bac_StudentLoansWithinDirectIndirectConsumerLoans"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_StudentLoansWithinDirectIndirectConsumerLoans" xlink:to="bac_StudentLoansWithinDirectIndirectConsumerLoans_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_StudentLoansWithinDirectIndirectConsumerLoans_lbl" xml:lang="en-US"> Student Loans within Direct Indirect consumer loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_StudentLoansWithinDirectIndirectConsumerLoans_lbl" xml:lang="en-US"> Represents the portion of the Direct/Indirect loans and leases portfolio relating to student loans that are outstanding as a receivable. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_StudentLoansWithinDirectIndirectConsumerLoans_lbl" xml:lang="en-US"> Student Loans within Direct/Indirect consumer loans </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_OtherConsumerLoansWithinDirectIndirectConsumerLoans" xlink:label="bac_OtherConsumerLoansWithinDirectIndirectConsumerLoans"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_OtherConsumerLoansWithinDirectIndirectConsumerLoans" xlink:to="bac_OtherConsumerLoansWithinDirectIndirectConsumerLoans_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_OtherConsumerLoansWithinDirectIndirectConsumerLoans_lbl" xml:lang="en-US"> Other Consumer Loans Within Direct Indirect Consumer Loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_OtherConsumerLoansWithinDirectIndirectConsumerLoans_lbl" xml:lang="en-US"> Other Consumer Loans within Direct/Indirect consumer loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_OtherConsumerLoansWithinDirectIndirectConsumerLoans_lbl" xml:lang="en-US"> Including the current and noncurrent portions, this element represents the carrying value of loans payable which were initially due after one year or beyond the operating cycle, if longer, and which are not otherwise defined in the taxonomy. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ConsumerOverdraftsWithinOtherConsumerLoans" xlink:label="bac_ConsumerOverdraftsWithinOtherConsumerLoans"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ConsumerOverdraftsWithinOtherConsumerLoans" xlink:to="bac_ConsumerOverdraftsWithinOtherConsumerLoans_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ConsumerOverdraftsWithinOtherConsumerLoans_lbl" xml:lang="en-US"> Consumer Overdrafts Within Other Consumer Loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ConsumerOverdraftsWithinOtherConsumerLoans_lbl" xml:lang="en-US"> Consumer Overdrafts included in other consumer loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ConsumerOverdraftsWithinOtherConsumerLoans_lbl" xml:lang="en-US"> Represents the portion of the Other Consumer loans and leases portfolio relating to consumer overdraft loans that are outstanding as a receivable. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MezzanineRiskProtection" xlink:label="bac_MezzanineRiskProtection"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MezzanineRiskProtection" xlink:to="bac_MezzanineRiskProtection_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MezzanineRiskProtection_lbl" xml:lang="en-US"> Mezzanine risk protection </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_MezzanineRiskProtection_lbl" xml:lang="en-US"> Mezzanine risk protection on residential mortgages </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MezzanineRiskProtection_lbl" xml:lang="en-US"> Credit risk of the referenced pools is stratified into three notional segments consisting of equity (first loss), mezzanine (second loss) and senior positions (third loss). Mezzanine risk protection represents the amount of credit risk sold to external parties. The remainder of the risk is retained by the Corporation. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ResidentialMortgageLoansUnderMezzanineRiskProtectionAgreements" xlink:label="bac_ResidentialMortgageLoansUnderMezzanineRiskProtectionAgreements"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ResidentialMortgageLoansUnderMezzanineRiskProtectionAgreements" xlink:to="bac_ResidentialMortgageLoansUnderMezzanineRiskProtectionAgreements_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ResidentialMortgageLoansUnderMezzanineRiskProtectionAgreements_lbl" xml:lang="en-US"> Residential Mortgage loans under mezzanine risk protection agreements </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ResidentialMortgageLoansUnderMezzanineRiskProtectionAgreements_lbl" xml:lang="en-US"> Residential Mortgage loans protected under mezzanine risk protection agreements </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ResidentialMortgageLoansUnderMezzanineRiskProtectionAgreements_lbl" xml:lang="en-US"> Represents a pool of mortgage loans referenced and mezzanine credit protected by the synthetic securitizations. A mortgage loan is a loan secured by real property through the use of a mortgage note which evidences the existence of the loan and the encumbrance of that realty through the granting of a mortgage which secures the loan. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ReceivablesFromSyntheticSecuritizationsForReimbursementOfLosses" xlink:label="bac_ReceivablesFromSyntheticSecuritizationsForReimbursementOfLosses"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ReceivablesFromSyntheticSecuritizationsForReimbursementOfLosses" xlink:to="bac_ReceivablesFromSyntheticSecuritizationsForReimbursementOfLosses_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ReceivablesFromSyntheticSecuritizationsForReimbursementOfLosses_lbl" xml:lang="en-US"> Receivables from synthetic securitizations for reimbursement of losses </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ReceivablesFromSyntheticSecuritizationsForReimbursementOfLosses_lbl" xml:lang="en-US"> Receivables from synthetic securitizations for reimbursement of losses </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ReceivablesFromSyntheticSecuritizationsForReimbursementOfLosses_lbl" xml:lang="en-US"> Relates to the amount of receivables from synthetic securitization structures utilized to mitigate credit risk provide mezzanine risk protection that covers losses which exceed 10bps of the original pool balance. These receivables specifically relate to reimbursement of losses. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TdrOnAccrualStatusOfResidentialMortgage" xlink:label="bac_TdrOnAccrualStatusOfResidentialMortgage"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TdrOnAccrualStatusOfResidentialMortgage" xlink:to="bac_TdrOnAccrualStatusOfResidentialMortgage_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TdrOnAccrualStatusOfResidentialMortgage_lbl" xml:lang="en-US"> Tdr On Accrual Status Of Residential Mortgage </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_TdrOnAccrualStatusOfResidentialMortgage_lbl" xml:lang="en-US"> TDRs on accrual status of residential mortgage </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TdrOnAccrualStatusOfResidentialMortgage_lbl" xml:lang="en-US"> Represents the value of performing troubled debt restructurings that were on accrual status relating to residential mortgages. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SubsidiaryOneConsumerPurchasedCreditImpairedLoansMember" xlink:label="bac_SubsidiaryOneConsumerPurchasedCreditImpairedLoansMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SubsidiaryOneConsumerPurchasedCreditImpairedLoansMember" xlink:to="bac_SubsidiaryOneConsumerPurchasedCreditImpairedLoansMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SubsidiaryOneConsumerPurchasedCreditImpairedLoansMember_lbl" xml:lang="en-US"> Merrill Lynch Consumer Purchased Credit-Impaired Loans [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SubsidiaryOneConsumerPurchasedCreditImpairedLoansMember_lbl" xml:lang="en-US"> Subsidiary one Consumer Purchased Credit-Impaired Loans Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SubsidiaryOneCommercialPurchasedCreditImpairedLoansMember" xlink:label="bac_SubsidiaryOneCommercialPurchasedCreditImpairedLoansMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SubsidiaryOneCommercialPurchasedCreditImpairedLoansMember" xlink:to="bac_SubsidiaryOneCommercialPurchasedCreditImpairedLoansMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SubsidiaryOneCommercialPurchasedCreditImpairedLoansMember_lbl" xml:lang="en-US"> Merrill Lynch Commercial Purchased Credit-Impaired Loans [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SubsidiaryOneCommercialPurchasedCreditImpairedLoansMember_lbl" xml:lang="en-US"> Subsidiary one Commercial Purchased Credit-Impaired Loans Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CumulativeEffectAdjustmentToRetainedEarningsDueToFvoElectionOnAfsDebtSecurities" xlink:label="bac_CumulativeEffectAdjustmentToRetainedEarningsDueToFvoElectionOnAfsDebtSecurities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CumulativeEffectAdjustmentToRetainedEarningsDueToFvoElectionOnAfsDebtSecurities" xlink:to="bac_CumulativeEffectAdjustmentToRetainedEarningsDueToFvoElectionOnAfsDebtSecurities_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CumulativeEffectAdjustmentToRetainedEarningsDueToFvoElectionOnAfsDebtSecurities_lbl" xml:lang="en-US"> Cumulative Effect Adjustment To Retained Earnings Due To FVO Election on AFS Debt Securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CumulativeEffectAdjustmentToRetainedEarningsDueToFvoElectionOnAfsDebtSecurities_lbl" xml:lang="en-US"> Cumulative effect adjustment from retained earnings to as a result of electing fair-value-option on certain avaliable-for-sale debt securities. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MaximumPayoutNotionalAxis" xlink:label="bac_MaximumPayoutNotionalAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MaximumPayoutNotionalAxis" xlink:to="bac_MaximumPayoutNotionalAxis_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MaximumPayoutNotionalAxis_lbl" xml:lang="en-US"> Maximum Payout Notional [Axis] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MaximumPayoutNotionalAxis_lbl" xml:lang="en-US"> Maximum Payout Notional Axis. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MaximumPayoutNotionalDomain" xlink:label="bac_MaximumPayoutNotionalDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MaximumPayoutNotionalDomain" xlink:to="bac_MaximumPayoutNotionalDomain_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MaximumPayoutNotionalDomain_lbl" xml:lang="en-US"> Maximum Payout Notional [Domain] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MaximumPayoutNotionalDomain_lbl" xml:lang="en-US"> Maximum Payout Notional Domain. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MaximumPayoutNotionalValueLessThanOneYearMember" xlink:label="bac_MaximumPayoutNotionalValueLessThanOneYearMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MaximumPayoutNotionalValueLessThanOneYearMember" xlink:to="bac_MaximumPayoutNotionalValueLessThanOneYearMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MaximumPayoutNotionalValueLessThanOneYearMember_lbl" xml:lang="en-US"> Maximum payout notional value less than one year [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MaximumPayoutNotionalValueLessThanOneYearMember_lbl" xml:lang="en-US"> Maximum payout notional value less than one year Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MaximumPayoutNotionalValueOneToThreeYearsMember" xlink:label="bac_MaximumPayoutNotionalValueOneToThreeYearsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MaximumPayoutNotionalValueOneToThreeYearsMember" xlink:to="bac_MaximumPayoutNotionalValueOneToThreeYearsMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MaximumPayoutNotionalValueOneToThreeYearsMember_lbl" xml:lang="en-US"> Maximum payout notional value one to three years [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MaximumPayoutNotionalValueOneToThreeYearsMember_lbl" xml:lang="en-US"> Maximum payout notional value one to three years Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MaximumPayoutNotionalValueThreeToFiveYearsMember" xlink:label="bac_MaximumPayoutNotionalValueThreeToFiveYearsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MaximumPayoutNotionalValueThreeToFiveYearsMember" xlink:to="bac_MaximumPayoutNotionalValueThreeToFiveYearsMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MaximumPayoutNotionalValueThreeToFiveYearsMember_lbl" xml:lang="en-US"> Maximum payout notional value three to five years [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MaximumPayoutNotionalValueThreeToFiveYearsMember_lbl" xml:lang="en-US"> Maximum payout notional value three to five years Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MaximumPayoutNotionalValueOverFiveYearsMember" xlink:label="bac_MaximumPayoutNotionalValueOverFiveYearsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MaximumPayoutNotionalValueOverFiveYearsMember" xlink:to="bac_MaximumPayoutNotionalValueOverFiveYearsMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MaximumPayoutNotionalValueOverFiveYearsMember_lbl" xml:lang="en-US"> Maximum payout notional value over five years [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MaximumPayoutNotionalValueOverFiveYearsMember_lbl" xml:lang="en-US"> Maximum payout notional value over five years Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LongTermDebtFairValue" xlink:label="bac_LongTermDebtFairValue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LongTermDebtFairValue" xlink:to="bac_LongTermDebtFairValue_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LongTermDebtFairValue_lbl" xml:lang="en-US"> Long Term Debt Fair Value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bac_LongTermDebtFairValue_lbl" xml:lang="en-US"> Long-term debt, measured at fair value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_LongTermDebtFairValue_lbl" xml:lang="en-US"> Aggregate fair value of long term debt </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LongTermDebtFairValue_lbl" xml:lang="en-US"> This represents the aggregate fair value of certain long-term debt, primarily structured notes for which the fair value option was elected. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TotalTemporarilyImpairedAvailableForSaleSecuritiesMember" xlink:label="bac_TotalTemporarilyImpairedAvailableForSaleSecuritiesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TotalTemporarilyImpairedAvailableForSaleSecuritiesMember" xlink:to="bac_TotalTemporarilyImpairedAvailableForSaleSecuritiesMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TotalTemporarilyImpairedAvailableForSaleSecuritiesMember_lbl" xml:lang="en-US"> Total temporarily impaired Available-For-Sale Securities [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TotalTemporarilyImpairedAvailableForSaleSecuritiesMember_lbl" xml:lang="en-US"> Total temporarily impaired Available For Sale Securities. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PreTaxGainAsResultOfSaleOfInvestment" xlink:label="bac_PreTaxGainAsResultOfSaleOfInvestment"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PreTaxGainAsResultOfSaleOfInvestment" xlink:to="bac_PreTaxGainAsResultOfSaleOfInvestment_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PreTaxGainAsResultOfSaleOfInvestment_lbl" xml:lang="en-US"> Pre tax gain as result of sale of investment </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PreTaxGainAsResultOfSaleOfInvestment_lbl" xml:lang="en-US"> Pre-tax gain as result of sale of investment in MasterCard </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PreTaxGainAsResultOfSaleOfInvestment_lbl" xml:lang="en-US"> Represent the pre tax gain as result of sale of investment in MasterCard. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_GrossUnrealizedGainsOnAvailableForSaleDebtSecurities" xlink:label="bac_GrossUnrealizedGainsOnAvailableForSaleDebtSecurities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_GrossUnrealizedGainsOnAvailableForSaleDebtSecurities" xlink:to="bac_GrossUnrealizedGainsOnAvailableForSaleDebtSecurities_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_GrossUnrealizedGainsOnAvailableForSaleDebtSecurities_lbl" xml:lang="en-US"> Gross Unrealized Gains On Available For Sale Debt Securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_GrossUnrealizedGainsOnAvailableForSaleDebtSecurities_lbl" xml:lang="en-US"> Gross Unrealized Gains </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_GrossUnrealizedGainsOnAvailableForSaleDebtSecurities_lbl" xml:lang="en-US"> This item represents the gross unrealized gains for debt securities which are categorized neither as held-to-maturity nor trading securities. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SaleOfCorporationsOwnershipInterest" xlink:label="bac_SaleOfCorporationsOwnershipInterest"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SaleOfCorporationsOwnershipInterest" xlink:to="bac_SaleOfCorporationsOwnershipInterest_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SaleOfCorporationsOwnershipInterest_lbl" xml:lang="en-US"> Sale of the Corporation's ownership interest </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SaleOfCorporationsOwnershipInterest_lbl" xml:lang="en-US"> Represents the reduction in ownership interest in an equity investment due to the sale of ownership interest. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_SaleOfCorporationsOwnershipInterest_lbl" xml:lang="en-US"> Sale of the Corporation's ownership interest </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ImpairmentLossAsResultOfSaleOfInvestment" xlink:label="bac_ImpairmentLossAsResultOfSaleOfInvestment"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ImpairmentLossAsResultOfSaleOfInvestment" xlink:to="bac_ImpairmentLossAsResultOfSaleOfInvestment_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ImpairmentLossAsResultOfSaleOfInvestment_lbl" xml:lang="en-US"> Impairment Loss As Result Of Sale Of Investment </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ImpairmentLossAsResultOfSaleOfInvestment_lbl" xml:lang="en-US"> Impairment writedown equal to the estimated pre-tax loss </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ImpairmentLossAsResultOfSaleOfInvestment_lbl" xml:lang="en-US"> This represents the impairment write-down equal to the estimated pre-tax loss from the sale of an equity investment. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_OwnershipInterestInJointVenture" xlink:label="bac_OwnershipInterestInJointVenture"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_OwnershipInterestInJointVenture" xlink:to="bac_OwnershipInterestInJointVenture_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_OwnershipInterestInJointVenture_lbl" xml:lang="en-US"> Ownership interest in Joint venture </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_OwnershipInterestInJointVenture_lbl" xml:lang="en-US"> Represents the percentage of the Corporation's ownership interest in a joint venture agreement that is accounted for under the equity investment method. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_OwnershipInterestInJointVenture_lbl" xml:lang="en-US"> Ownership interest in Joint venture </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bac_OwnershipInterestInJointVenture_lbl" xml:lang="en-US"> Maximum ownership interest in Joint venture </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PercentageOwnedByFirstDataCorporation" xlink:label="bac_PercentageOwnedByFirstDataCorporation"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PercentageOwnedByFirstDataCorporation" xlink:to="bac_PercentageOwnedByFirstDataCorporation_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PercentageOwnedByFirstDataCorporation_lbl" xml:lang="en-US"> Percentage owned by First Data Corporation </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PercentageOwnedByFirstDataCorporation_lbl" xml:lang="en-US"> Represents the percentage of the joint venture owned by First Data Corporation. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PercentageOwnedByFirstDataCorporation_lbl" xml:lang="en-US"> Percentage owned by First Data Corporation </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PreTaxGainAsResultOfSaleOfItsInvestmentInAcquiredEntity" xlink:label="bac_PreTaxGainAsResultOfSaleOfItsInvestmentInAcquiredEntity"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PreTaxGainAsResultOfSaleOfItsInvestmentInAcquiredEntity" xlink:to="bac_PreTaxGainAsResultOfSaleOfItsInvestmentInAcquiredEntity_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PreTaxGainAsResultOfSaleOfItsInvestmentInAcquiredEntity_lbl" xml:lang="en-US"> Pre Tax Gain As Result Of Sale Of Its Investment In Acquired Entity </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PreTaxGainAsResultOfSaleOfItsInvestmentInAcquiredEntity_lbl" xml:lang="en-US"> Pre-tax gain as result of sale of its investment </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PreTaxGainAsResultOfSaleOfItsInvestmentInAcquiredEntity_lbl" xml:lang="en-US"> Represents the pre-tax gain that resulted from the reduction in ownership interest in an equity investment that was treated as a sale of a portion of ownership interest. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LoansHeldForSale" xlink:label="bac_LoansHeldForSale"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LoansHeldForSale" xlink:to="bac_LoansHeldForSale_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LoansHeldForSale_lbl" xml:lang="en-US"> Loans Held For Sale </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_LoansHeldForSale_lbl" xml:lang="en-US"> Loans held-for-sale </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LoansHeldForSale_lbl" xml:lang="en-US"> The aggregate amount of loans receivable that will be sold to other entities. Includes mortgage and all other loans (collectively, loans) not classified as held for investment. Such loans are stated at the lower of cost or market, or have been elected at fair value. Mortgage loans exclude mortgage-backed securities which are considered a debt security (other loan). </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NetEffectOfAccountingChangeOnShareholdersEquityChargeToRetainedEarnings" xlink:label="bac_NetEffectOfAccountingChangeOnShareholdersEquityChargeToRetainedEarnings"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NetEffectOfAccountingChangeOnShareholdersEquityChargeToRetainedEarnings" xlink:to="bac_NetEffectOfAccountingChangeOnShareholdersEquityChargeToRetainedEarnings_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NetEffectOfAccountingChangeOnShareholdersEquityChargeToRetainedEarnings_lbl" xml:lang="en-US"> Net Effect Of The Accounting Change On Shareholders Equity Charge To Retained Earnings </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NetEffectOfAccountingChangeOnShareholdersEquityChargeToRetainedEarnings_lbl" xml:lang="en-US"> Net effect of the accounting change on shareholders' equity charge to retained earnings </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NetEffectOfAccountingChangeOnShareholdersEquityChargeToRetainedEarnings_lbl" xml:lang="en-US"> The charge to retained earnings, net of tax, resulting from the adoption of new accounting guidance on consolidation of variable interest entities effective January 1, 2010. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NetGainsLossesOnMbsResecuritized" xlink:label="bac_NetGainsLossesOnMbsResecuritized"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NetGainsLossesOnMbsResecuritized" xlink:to="bac_NetGainsLossesOnMbsResecuritized_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NetGainsLossesOnMbsResecuritized_lbl" xml:lang="en-US"> Net gains (losses) on MBS resecuritized </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NetGainsLossesOnMbsResecuritized_lbl" xml:lang="en-US"> Net gains (losses) on MBS resecuritized </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NetGainsLossesOnMbsResecuritized_lbl" xml:lang="en-US"> This represents net gains (losses) on the Corporation's resecuritization of MBS, including net interest income earned during the holding period. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_IncreaseInAllowanceForLoanAndLeaseLossesChargeToAccumulatedOci" xlink:label="bac_IncreaseInAllowanceForLoanAndLeaseLossesChargeToAccumulatedOci"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_IncreaseInAllowanceForLoanAndLeaseLossesChargeToAccumulatedOci" xlink:to="bac_IncreaseInAllowanceForLoanAndLeaseLossesChargeToAccumulatedOci_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_IncreaseInAllowanceForLoanAndLeaseLossesChargeToAccumulatedOci_lbl" xml:lang="en-US"> Increase In The Allowance For Loan And Lease Losses Charge To Accumulated OCI </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_IncreaseInAllowanceForLoanAndLeaseLossesChargeToAccumulatedOci_lbl" xml:lang="en-US"> Increase in allowance for loan and lease losses charge to accumulated OCI </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_IncreaseInAllowanceForLoanAndLeaseLossesChargeToAccumulatedOci_lbl" xml:lang="en-US"> The charge to accumulated OCI, net of tax, resulting from the adoption of new accounting guidance on consolidation of variable interest entities effective January 1, 2010. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AmortizedCostAvailableForSaleDebtSecurities" xlink:label="bac_AmortizedCostAvailableForSaleDebtSecurities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AmortizedCostAvailableForSaleDebtSecurities" xlink:to="bac_AmortizedCostAvailableForSaleDebtSecurities_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AmortizedCostAvailableForSaleDebtSecurities_lbl" xml:lang="en-US"> Amortized Cost - Available-for-Sale Debt Securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AmortizedCostAvailableForSaleDebtSecurities_lbl" xml:lang="en-US"> This item represents the cost of debt securities, which are categorized neither as held-to-maturity nor trading, net of adjustments made for accretion, amortization, other-than-temporary impairments, and hedging, if any. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AmortizedCostAvailableForSaleDebtSecurities_lbl" xml:lang="en-US"> Amortized Cost - Available-for-Sale Debt Securities </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NetImpairmentLossesRecognizedInEarnings" xlink:label="bac_NetImpairmentLossesRecognizedInEarnings"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NetImpairmentLossesRecognizedInEarnings" xlink:to="bac_NetImpairmentLossesRecognizedInEarnings_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NetImpairmentLossesRecognizedInEarnings_lbl" xml:lang="en-US"> Net Impairment Losses Recognized In Earnings </label>
<label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negatedTotal" xlink:label="bac_NetImpairmentLossesRecognizedInEarnings_lbl" xml:lang="en-US"> Net impairment losses recognized in earnings </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NetImpairmentLossesRecognizedInEarnings_lbl" xml:lang="en-US"> This item represents the amount of loss recognized for other than temporary impairments of investments in available-for-sale debt securities, net of noncredit impairment losses on certain debt securities that are recognized in other comprehensive income. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CorporationReclassifiedAfsDebtSecurities" xlink:label="bac_CorporationReclassifiedAfsDebtSecurities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CorporationReclassifiedAfsDebtSecurities" xlink:to="bac_CorporationReclassifiedAfsDebtSecurities_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CorporationReclassifiedAfsDebtSecurities_lbl" xml:lang="en-US"> Corporation Reclassified Afs Debt Securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CorporationReclassifiedAfsDebtSecurities_lbl" xml:lang="en-US"> Corporation reclassified AFS debt securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CorporationReclassifiedAfsDebtSecurities_lbl" xml:lang="en-US"> Represents the value of available-for-sale debt securities that were reclassified from HTM to AFS as a result of regulatory capital requirements related to asset-backed commercial paper conduits. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DebtSecuritiesSoldSecurityRealizedGainLoss" xlink:label="bac_DebtSecuritiesSoldSecurityRealizedGainLoss"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DebtSecuritiesSoldSecurityRealizedGainLoss" xlink:to="bac_DebtSecuritiesSoldSecurityRealizedGainLoss_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DebtSecuritiesSoldSecurityRealizedGainLoss_lbl" xml:lang="en-US"> Debt Securities Sold Security Realized Gain Loss </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_DebtSecuritiesSoldSecurityRealizedGainLoss_lbl" xml:lang="en-US"> Other-than-temporary impairment losses on HTM debt securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DebtSecuritiesSoldSecurityRealizedGainLoss_lbl" xml:lang="en-US"> This item represents the gain or loss realized on the sale of debt securities disposed of during the period. Additionally, this item would include any losses recognized for other than temporary impairments of the subject investments in debt securities. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PrincipalOutstandingBalanceForMunicipalBondsSecuritizationTrusts" xlink:label="bac_PrincipalOutstandingBalanceForMunicipalBondsSecuritizationTrusts"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PrincipalOutstandingBalanceForMunicipalBondsSecuritizationTrusts" xlink:to="bac_PrincipalOutstandingBalanceForMunicipalBondsSecuritizationTrusts_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PrincipalOutstandingBalanceForMunicipalBondsSecuritizationTrusts_lbl" xml:lang="en-US"> Principal Outstanding Balance For Municipal Bonds Securitization Trusts </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PrincipalOutstandingBalanceForMunicipalBondsSecuritizationTrusts_lbl" xml:lang="en-US"> Principal outstanding balance for municipal bonds securitization trusts </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PrincipalOutstandingBalanceForMunicipalBondsSecuritizationTrusts_lbl" xml:lang="en-US"> This represents the principal balance outstanding for unconsolidated municipal bond securitization trusts for which the Corporation was transferor. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_GainOnTheseLhfs" xlink:label="bac_GainOnTheseLhfs"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_GainOnTheseLhfs" xlink:to="bac_GainOnTheseLhfs_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_GainOnTheseLhfs_lbl" xml:lang="en-US"> Gain On These Lhfs </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_GainOnTheseLhfs_lbl" xml:lang="en-US"> Gains on these LHFS </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_GainOnTheseLhfs_lbl" xml:lang="en-US"> This represents the gains recognized on securitizations initially classified as LHFS and accounted for under fair value option. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TradingAccountAssets" xlink:label="bac_TradingAccountAssets"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TradingAccountAssets" xlink:to="bac_TradingAccountAssets_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TradingAccountAssets_lbl" xml:lang="en-US"> Trading account assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_TradingAccountAssets_lbl" xml:lang="en-US"> Trading account assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TradingAccountAssets_lbl" xml:lang="en-US"> The total of financial instruments that are bought and held principally for the purpose of selling them in the near term (thus held for only a short period of time) or for debt and equity securities formerly categorized as available-for-sale or held-to-maturity which the entity held as of the date it opted to account for such securities at fair value. An enterprise may also categorize such a security as trading without the intent to sell it in the near term assuming the decision to categorize the security as trading occurred at acquisition; this is the reason why the trading category of investments in debt and equity securities are bought and sold "principally" for sale in the near term. Transfers into and out of the trading category should be rare. Such financial instruments that are held as of the reporting date are measured at fair value with unrealized holding gains and losses (the difference between fair value and the previously reported carrying amount) included in earnings. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AvailableForSaleDebtSecurities" xlink:label="bac_AvailableForSaleDebtSecurities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AvailableForSaleDebtSecurities" xlink:to="bac_AvailableForSaleDebtSecurities_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AvailableForSaleDebtSecurities_lbl" xml:lang="en-US"> Available For Sale Debt Securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bac_AvailableForSaleDebtSecurities_lbl" xml:lang="en-US"> AFS debt securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_AvailableForSaleDebtSecurities_lbl" xml:lang="en-US"> AFS debt securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AvailableForSaleDebtSecurities_lbl" xml:lang="en-US"> Available-for-sale debt securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AvailableForSaleDebtSecurities_lbl" xml:lang="en-US"> For an unclassified balance sheet, total of debt securities categorized neither as held-to-maturity nor trading. Such securities are reported at fair value; unrealized gains and losses of such securities are excluded from earnings and included in other comprehensive income, a separate component of shareholders' equity, unless the Available-for-sale Security is designated as a hedge or is determined to have had an other than temporary decline in fair value below its amortized cost basis. All or a portion of the unrealized holding gain or loss of an Available-for-sale Security that is designated as being hedged in a fair value hedge shall be recognized in earnings during the period of the hedge, as should other than temporary declines in fair value below costs basis. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NotionalAmountOfLiquidityExposureToNonSpeThirdParties" xlink:label="bac_NotionalAmountOfLiquidityExposureToNonSpeThirdParties"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NotionalAmountOfLiquidityExposureToNonSpeThirdParties" xlink:to="bac_NotionalAmountOfLiquidityExposureToNonSpeThirdParties_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NotionalAmountOfLiquidityExposureToNonSpeThirdParties_lbl" xml:lang="en-US"> Notional amount of liquidity exposure to non SPE third parties </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NotionalAmountOfLiquidityExposureToNonSpeThirdParties_lbl" xml:lang="en-US"> Notional amount of liquidity exposure to non SPE third parties </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NotionalAmountOfLiquidityExposureToNonSpeThirdParties_lbl" xml:lang="en-US"> This represents the notional amount of liquidity exposure to non-SPE third parties that hold super senior cash position on the Corporation's behalf. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NotionalAmountOfDerivativeContractsThroughWhichCorporationObtainsFundingFromThirdPartySpes" xlink:label="bac_NotionalAmountOfDerivativeContractsThroughWhichCorporationObtainsFundingFromThirdPartySpes"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NotionalAmountOfDerivativeContractsThroughWhichCorporationObtainsFundingFromThirdPartySpes" xlink:to="bac_NotionalAmountOfDerivativeContractsThroughWhichCorporationObtainsFundingFromThirdPartySpes_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NotionalAmountOfDerivativeContractsThroughWhichCorporationObtainsFundingFromThirdPartySpes_lbl" xml:lang="en-US"> Notional amount of derivative contracts through which corporation obtains funding from third party SPEs </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NotionalAmountOfDerivativeContractsThroughWhichCorporationObtainsFundingFromThirdPartySpes_lbl" xml:lang="en-US"> Notional amount of derivative contracts through which corporation obtains funding from third party SPEs </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NotionalAmountOfDerivativeContractsThroughWhichCorporationObtainsFundingFromThirdPartySpes_lbl" xml:lang="en-US"> This represents the notional amount of derivative contracts through which the Corporation obtains funding from third party SPE's. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CorporationsLiquidityCommitmentsToUnconsolidatedMunicipalBondTrusts" xlink:label="bac_CorporationsLiquidityCommitmentsToUnconsolidatedMunicipalBondTrusts"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CorporationsLiquidityCommitmentsToUnconsolidatedMunicipalBondTrusts" xlink:to="bac_CorporationsLiquidityCommitmentsToUnconsolidatedMunicipalBondTrusts_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CorporationsLiquidityCommitmentsToUnconsolidatedMunicipalBondTrusts_lbl" xml:lang="en-US"> Corporations Liquidity Commitments To Unconsolidated Municipal Bond Trusts </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CorporationsLiquidityCommitmentsToUnconsolidatedMunicipalBondTrusts_lbl" xml:lang="en-US"> Corporation's liquidity commitments to unconsolidated municipal bond trusts </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CorporationsLiquidityCommitmentsToUnconsolidatedMunicipalBondTrusts_lbl" xml:lang="en-US"> This represents the Corporation's liquidity commitments to unconsolidated municipal bond trusts. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ConsolidatedRealEstateInvestmentFund" xlink:label="bac_ConsolidatedRealEstateInvestmentFund"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ConsolidatedRealEstateInvestmentFund" xlink:to="bac_ConsolidatedRealEstateInvestmentFund_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ConsolidatedRealEstateInvestmentFund_lbl" xml:lang="en-US"> Consolidated Real Estate Investment Fund </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ConsolidatedRealEstateInvestmentFund_lbl" xml:lang="en-US"> Consolidated real estate investment fund </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ConsolidatedRealEstateInvestmentFund_lbl" xml:lang="en-US"> This represents the amount of a real estate investment fund in the investment vehicles consolidated under new consolidation guidance on January 1, 2010. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ReserveForLossesForHomeEquitySecuritizations" xlink:label="bac_ReserveForLossesForHomeEquitySecuritizations"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ReserveForLossesForHomeEquitySecuritizations" xlink:to="bac_ReserveForLossesForHomeEquitySecuritizations_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ReserveForLossesForHomeEquitySecuritizations_lbl" xml:lang="en-US"> Reserve For Losses For Home Equity Securitizations </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ReserveForLossesForHomeEquitySecuritizations_lbl" xml:lang="en-US"> Reserve for losses on unexpected future draw obligations for home equity securitizations </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ReserveForLossesForHomeEquitySecuritizations_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_InvestmentVehiclesConsolidatedByTheCorporation" xlink:label="bac_InvestmentVehiclesConsolidatedByTheCorporation"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_InvestmentVehiclesConsolidatedByTheCorporation" xlink:to="bac_InvestmentVehiclesConsolidatedByTheCorporation_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_InvestmentVehiclesConsolidatedByTheCorporation_lbl" xml:lang="en-US"> Investment Vehicles Consolidated By The Corporation </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_InvestmentVehiclesConsolidatedByTheCorporation_lbl" xml:lang="en-US"> Investment vehicles consolidated by the corporation </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_InvestmentVehiclesConsolidatedByTheCorporation_lbl" xml:lang="en-US"> This represents the amount of investment vehicles consolidated under new consolidation guidance on January 1, 2010. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AssetsOfThreeAssetAcquisitionConduits" xlink:label="bac_AssetsOfThreeAssetAcquisitionConduits"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AssetsOfThreeAssetAcquisitionConduits" xlink:to="bac_AssetsOfThreeAssetAcquisitionConduits_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AssetsOfThreeAssetAcquisitionConduits_lbl" xml:lang="en-US"> Assets of three asset acquisition conduits </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AssetsOfThreeAssetAcquisitionConduits_lbl" xml:lang="en-US"> Assets of three asset acquisition conduits </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AssetsOfThreeAssetAcquisitionConduits_lbl" xml:lang="en-US"> This represents the total assets of three asset acquisition conduits which acquire assets on behalf of the Corporation or its customers. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ResidualInterestInAvailableForSaleDebtSecurities" xlink:label="bac_ResidualInterestInAvailableForSaleDebtSecurities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ResidualInterestInAvailableForSaleDebtSecurities" xlink:to="bac_ResidualInterestInAvailableForSaleDebtSecurities_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ResidualInterestInAvailableForSaleDebtSecurities_lbl" xml:lang="en-US"> Residual Interest In Available For Sale Debt Securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ResidualInterestInAvailableForSaleDebtSecurities_lbl" xml:lang="en-US"> Residual interests classified as available-for-sale debt securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ResidualInterestInAvailableForSaleDebtSecurities_lbl" xml:lang="en-US"> This represents retained beneficial interests in a securitization accounted for as a sale that is classified on the balance sheet as available-for-sale debt securities. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PurchasedMbsFromThirdPartyAndResecuritized" xlink:label="bac_PurchasedMbsFromThirdPartyAndResecuritized"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PurchasedMbsFromThirdPartyAndResecuritized" xlink:to="bac_PurchasedMbsFromThirdPartyAndResecuritized_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PurchasedMbsFromThirdPartyAndResecuritized_lbl" xml:lang="en-US"> Purchased MBS from third party and resecuritized </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PurchasedMbsFromThirdPartyAndResecuritized_lbl" xml:lang="en-US"> This represents the amount of MBS purchased from third parties included in total MBS resecuritized by the Corporation. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PurchasedMbsFromThirdPartyAndResecuritized_lbl" xml:lang="en-US"> MBS purchased from third parties and resecuritized </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CorporationsNetInvolvementWithConsolidatedLeveragedLeaseTrusts" xlink:label="bac_CorporationsNetInvolvementWithConsolidatedLeveragedLeaseTrusts"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CorporationsNetInvolvementWithConsolidatedLeveragedLeaseTrusts" xlink:to="bac_CorporationsNetInvolvementWithConsolidatedLeveragedLeaseTrusts_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CorporationsNetInvolvementWithConsolidatedLeveragedLeaseTrusts_lbl" xml:lang="en-US"> Corporation's net involvement with consolidated leveraged lease trusts </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CorporationsNetInvolvementWithConsolidatedLeveragedLeaseTrusts_lbl" xml:lang="en-US"> Corporation's net investment in consolidated leveraged lease trusts </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CorporationsNetInvolvementWithConsolidatedLeveragedLeaseTrusts_lbl" xml:lang="en-US"> This represents the Corporation's net investment in consolidated leveraged lease trusts. The trusts hold long-lived equipment such as rail cars, power generation and distribution equipment, and commercial aircraft. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_GainLossOnSecuritizations" xlink:label="bac_GainLossOnSecuritizations"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_GainLossOnSecuritizations" xlink:to="bac_GainLossOnSecuritizations_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_GainLossOnSecuritizations_lbl" xml:lang="en-US"> Gain Loss On Securitizations </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_GainLossOnSecuritizations_lbl" xml:lang="en-US"> Gain (Loss) on securitizations </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_GainLossOnSecuritizations_lbl" xml:lang="en-US"> This represents the gain (loss) on securitizations accounted for as a sale. The difference between the book carrying amount for the pool of assets sold and the retained interest in proportion of their relative fair value. This element refers to the gain (loss) included in earnings and not to the cash proceeds of the sale. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LongTermDebtTablesAbstract" xlink:label="bac_LongTermDebtTablesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LongTermDebtTablesAbstract" xlink:to="bac_LongTermDebtTablesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LongTermDebtTablesAbstract_lbl" xml:lang="en-US"> Long-term Debt (Tables) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LongTermDebtTablesAbstract_lbl" xml:lang="en-US"> Long-term Debt. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LongTermDebtDetailsAbstract" xlink:label="bac_LongTermDebtDetailsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LongTermDebtDetailsAbstract" xlink:to="bac_LongTermDebtDetailsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LongTermDebtDetailsAbstract_lbl" xml:lang="en-US"> Long-term Debt (Details) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LongTermDebtDetailsAbstract_lbl" xml:lang="en-US"> Long-term Debt Details Abstract. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AdditionalCollateralAndTerminationPaymentsMember" xlink:label="bac_AdditionalCollateralAndTerminationPaymentsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AdditionalCollateralAndTerminationPaymentsMember" xlink:to="bac_AdditionalCollateralAndTerminationPaymentsMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AdditionalCollateralAndTerminationPaymentsMember_lbl" xml:lang="en-US"> Additional collateral and termination payments [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AdditionalCollateralAndTerminationPaymentsMember_lbl" xml:lang="en-US"> Additional collateral and termination payments Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NumberOfAvailableForSaleSecurities" xlink:label="bac_NumberOfAvailableForSaleSecurities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NumberOfAvailableForSaleSecurities" xlink:to="bac_NumberOfAvailableForSaleSecurities_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NumberOfAvailableForSaleSecurities_lbl" xml:lang="en-US"> Number of available-for-sale securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NumberOfAvailableForSaleSecurities_lbl" xml:lang="en-US"> Number of available-for-sale securities where amortized cost exceed their fair value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NumberOfAvailableForSaleSecurities_lbl" xml:lang="en-US"> Represents the total number of available-for-sale securities where amortized cost exceed their fair value. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CostMethodInvestmentOwnershipPercentage" xlink:label="bac_CostMethodInvestmentOwnershipPercentage"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CostMethodInvestmentOwnershipPercentage" xlink:to="bac_CostMethodInvestmentOwnershipPercentage_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CostMethodInvestmentOwnershipPercentage_lbl" xml:lang="en-US"> Cost method investment ownership percentage </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CostMethodInvestmentOwnershipPercentage_lbl" xml:lang="en-US"> Cost method investment ownership percentage. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CostMethodInvestmentOwnershipPercentage_lbl" xml:lang="en-US"> Cost method investment ownership percentage </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NonTransferableSharesOfTotalInvestment" xlink:label="bac_NonTransferableSharesOfTotalInvestment"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NonTransferableSharesOfTotalInvestment" xlink:to="bac_NonTransferableSharesOfTotalInvestment_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NonTransferableSharesOfTotalInvestment_lbl" xml:lang="en-US"> Non transferable shares of total investment </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NonTransferableSharesOfTotalInvestment_lbl" xml:lang="en-US"> Non-transferable shares of total investment of China Construction Bank </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NonTransferableSharesOfTotalInvestment_lbl" xml:lang="en-US"> Non-transferable shares of total investment. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AgreementsToSellExposureInPrivateEquityFunds" xlink:label="bac_AgreementsToSellExposureInPrivateEquityFunds"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AgreementsToSellExposureInPrivateEquityFunds" xlink:to="bac_AgreementsToSellExposureInPrivateEquityFunds_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AgreementsToSellExposureInPrivateEquityFunds_lbl" xml:lang="en-US"> Agreements to sell exposure in private equity funds </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AgreementsToSellExposureInPrivateEquityFunds_lbl" xml:lang="en-US"> Agreements to sell exposure in private equity funds. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AgreementsToSellExposureInPrivateEquityFunds_lbl" xml:lang="en-US"> Agreements to sell exposure in private equity funds </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AdditionsForCreditComponentOnDebtSecuritiesOnWhichOtherThanTemporaryImpairmentLossesWereNotPreviouslyRecognized" xlink:label="bac_AdditionsForCreditComponentOnDebtSecuritiesOnWhichOtherThanTemporaryImpairmentLossesWereNotPreviouslyRecognized"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AdditionsForCreditComponentOnDebtSecuritiesOnWhichOtherThanTemporaryImpairmentLossesWereNotPreviouslyRecognized" xlink:to="bac_AdditionsForCreditComponentOnDebtSecuritiesOnWhichOtherThanTemporaryImpairmentLossesWereNotPreviouslyRecognized_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AdditionsForCreditComponentOnDebtSecuritiesOnWhichOtherThanTemporaryImpairmentLossesWereNotPreviouslyRecognized_lbl" xml:lang="en-US"> Additions for the credit component on debt securities on which other than temporary impairment losses were not previously recognized </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AdditionsForCreditComponentOnDebtSecuritiesOnWhichOtherThanTemporaryImpairmentLossesWereNotPreviouslyRecognized_lbl" xml:lang="en-US"> Additions for the credit component on debt securities on which other-than-temporary impairment losses were not previously recognized. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_AdditionsForCreditComponentOnDebtSecuritiesOnWhichOtherThanTemporaryImpairmentLossesWereNotPreviouslyRecognized_lbl" xml:lang="en-US"> Additions for the credit component on debt securities on which other-than-temporary impairment losses were not previously recognized </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ReductionInCarryingValueOfNonAgencyRmbsPortfolio" xlink:label="bac_ReductionInCarryingValueOfNonAgencyRmbsPortfolio"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ReductionInCarryingValueOfNonAgencyRmbsPortfolio" xlink:to="bac_ReductionInCarryingValueOfNonAgencyRmbsPortfolio_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ReductionInCarryingValueOfNonAgencyRmbsPortfolio_lbl" xml:lang="en-US"> Reduction in carrying value of the non agency Rmbs portfolio </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ReductionInCarryingValueOfNonAgencyRmbsPortfolio_lbl" xml:lang="en-US"> Reduction in carrying value of the non-agency RMBS portfolio. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ReductionInCarryingValueOfNonAgencyRmbsPortfolio_lbl" xml:lang="en-US"> Reduction in carrying value of the non-agency RMBS portfolio </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FundedExposureMember" xlink:label="bac_FundedExposureMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FundedExposureMember" xlink:to="bac_FundedExposureMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FundedExposureMember_lbl" xml:lang="en-US"> Funded exposure [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FundedExposureMember_lbl" xml:lang="en-US"> Funded exposure. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_UnfundedCommitmentsMember" xlink:label="bac_UnfundedCommitmentsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_UnfundedCommitmentsMember" xlink:to="bac_UnfundedCommitmentsMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_UnfundedCommitmentsMember_lbl" xml:lang="en-US"> Unfunded commitments [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_UnfundedCommitmentsMember_lbl" xml:lang="en-US"> Unfunded commitments. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DebtInstrumentFairValue" xlink:label="us-gaap_DebtInstrumentFairValue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentFairValue" xlink:to="lab_DebtInstrumentFairValue"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DebtInstrumentFairValue" xml:lang="en-US"> Debt Instrument, Fair Value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DebtInstrumentFairValue" xml:lang="en-US"> Fair value option of debt securities </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FirstLienMortgagesMember" xlink:label="bac_FirstLienMortgagesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FirstLienMortgagesMember" xlink:to="bac_FirstLienMortgagesMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FirstLienMortgagesMember_lbl" xml:lang="en-US"> First-lien mortgages [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FirstLienMortgagesMember_lbl" xml:lang="en-US"> First-lien mortgages. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NewSeniorDebtSecuritiesIssuedToExternalInvestorsFromCreditCardSecuritizationTrusts" xlink:label="bac_NewSeniorDebtSecuritiesIssuedToExternalInvestorsFromCreditCardSecuritizationTrusts"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NewSeniorDebtSecuritiesIssuedToExternalInvestorsFromCreditCardSecuritizationTrusts" xlink:to="bac_NewSeniorDebtSecuritiesIssuedToExternalInvestorsFromCreditCardSecuritizationTrusts_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NewSeniorDebtSecuritiesIssuedToExternalInvestorsFromCreditCardSecuritizationTrusts_lbl" xml:lang="en-US"> New senior debt securities issued to external investors from credit card securitization trusts </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NewSeniorDebtSecuritiesIssuedToExternalInvestorsFromCreditCardSecuritizationTrusts_lbl" xml:lang="en-US"> This represents the new senior debt securities issued to external investors from credit card securitization trusts. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NewSeniorDebtSecuritiesIssuedToExternalInvestorsFromCreditCardSecuritizationTrusts_lbl" xml:lang="en-US"> New senior debt securities issued to external investors from credit card securitization trusts </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationReclassificationAdjustmentRealizedUponSaleOrLiquidationNetOfTax" xlink:label="us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationReclassificationAdjustmentRealizedUponSaleOrLiquidationNetOfTax"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationReclassificationAdjustmentRealizedUponSaleOrLiquidationNetOfTax" xlink:to="lab_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationReclassificationAdjustmentRealizedUponSaleOrLiquidationNetOfTax"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationReclassificationAdjustmentRealizedUponSaleOrLiquidationNetOfTax" xml:lang="en-US"> Net realized (gains) losses reclassified into earnings, Foreign Currency </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationReclassificationAdjustmentRealizedUponSaleOrLiquidationNetOfTax" xml:lang="en-US"> Other Comprehensive Income, Foreign Currency Transaction and Translation Reclassification Adjustment Realized upon Sale or Liquidation, Net of Tax </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AgreementsMember" xlink:label="bac_AgreementsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AgreementsMember" xlink:to="bac_AgreementsMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AgreementsMember_lbl" xml:lang="en-US"> Agreements [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AgreementsMember_lbl" xml:lang="en-US"> Agreements. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueOptionQualitativeDisclosuresRelatedToElectionByEligibleItemOrGroupAxis" xlink:label="us-gaap_FairValueOptionQualitativeDisclosuresRelatedToElectionByEligibleItemOrGroupAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueOptionQualitativeDisclosuresRelatedToElectionByEligibleItemOrGroupAxis" xlink:to="lab_FairValueOptionQualitativeDisclosuresRelatedToElectionByEligibleItemOrGroupAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueOptionQualitativeDisclosuresRelatedToElectionByEligibleItemOrGroupAxis" xml:lang="en-US"> Fair Value, Option, Qualitative Disclosures Related to Election, by Eligible Item or Group [Axis] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_GuaranteesMember" xlink:label="us-gaap_GuaranteesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GuaranteesMember" xlink:to="lab_GuaranteesMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_GuaranteesMember" xml:lang="en-US"> Guarantees [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_SecuritizationFinancialAssetForWhichTransferIsAccountedAsSaleGainLossOnSale" xlink:label="us-gaap_SecuritizationFinancialAssetForWhichTransferIsAccountedAsSaleGainLossOnSale"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SecuritizationFinancialAssetForWhichTransferIsAccountedAsSaleGainLossOnSale" xlink:to="lab_SecuritizationFinancialAssetForWhichTransferIsAccountedAsSaleGainLossOnSale"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_SecuritizationFinancialAssetForWhichTransferIsAccountedAsSaleGainLossOnSale" xml:lang="en-US"> Securitization or Asset-backed Financing Arrangement, Financial Asset for which Transfer is Accounted as Sale, Gain (Loss) on Sale </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_SecuritizationFinancialAssetForWhichTransferIsAccountedAsSaleGainLossOnSale" xml:lang="en-US"> Recognized net losses on sales and securitizations </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_InvestmentIncomeDividend" xlink:label="us-gaap_InvestmentIncomeDividend"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentIncomeDividend" xlink:to="lab_InvestmentIncomeDividend"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_InvestmentIncomeDividend" xml:lang="en-US"> Investment Income, Dividend </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_InvestmentIncomeDividend" xml:lang="en-US"> Annual dividend recorded from CCB </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CostMethodInvestments" xlink:label="us-gaap_CostMethodInvestments"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CostMethodInvestments" xlink:to="lab_CostMethodInvestments"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CostMethodInvestments" xml:lang="en-US"> Cost Method Investments </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_CostMethodInvestments" xml:lang="en-US"> Carrying value of investments </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AccumulatedNetUnrealizedGainsOnAfsDebtIncludedInAccumulatedOci" xlink:label="bac_AccumulatedNetUnrealizedGainsOnAfsDebtIncludedInAccumulatedOci"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AccumulatedNetUnrealizedGainsOnAfsDebtIncludedInAccumulatedOci" xlink:to="bac_AccumulatedNetUnrealizedGainsOnAfsDebtIncludedInAccumulatedOci_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AccumulatedNetUnrealizedGainsOnAfsDebtIncludedInAccumulatedOci_lbl" xml:lang="en-US"> Accumulated Net Unrealized Gains On Afs Debt Included In Accumulated Oci </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AccumulatedNetUnrealizedGainsOnAfsDebtIncludedInAccumulatedOci_lbl" xml:lang="en-US"> Accumulated net unrealized gains on AFS debt included in accumulated OCI </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AccumulatedNetUnrealizedGainsOnAfsDebtIncludedInAccumulatedOci_lbl" xml:lang="en-US"> Accumulated net unrealized gains on AFS debt included in accumulated OCI. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SummaryOfSignificantAccountingPrinciplesPoliciesAbstract" xlink:label="bac_SummaryOfSignificantAccountingPrinciplesPoliciesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SummaryOfSignificantAccountingPrinciplesPoliciesAbstract" xlink:to="bac_SummaryOfSignificantAccountingPrinciplesPoliciesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SummaryOfSignificantAccountingPrinciplesPoliciesAbstract_lbl" xml:lang="en-US"> Summary of Significant Accounting Principles (Policies) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SummaryOfSignificantAccountingPrinciplesPoliciesAbstract_lbl" xml:lang="en-US"> Summary of Significant Accounting Principles Policies Abstract. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SecuritiesFinancingTransactionsAccountingPolicyTextBlock" xlink:label="bac_SecuritiesFinancingTransactionsAccountingPolicyTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SecuritiesFinancingTransactionsAccountingPolicyTextBlock" xlink:to="bac_SecuritiesFinancingTransactionsAccountingPolicyTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SecuritiesFinancingTransactionsAccountingPolicyTextBlock_lbl" xml:lang="en-US"> Securities Financing Transactions Accounting Policy Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_SecuritiesFinancingTransactionsAccountingPolicyTextBlock_lbl" xml:lang="en-US"> Securities Financing Agreements Policy </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SecuritiesFinancingTransactionsAccountingPolicyTextBlock_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ConsolidationVariableInterestEntityPolicyTextBlock" xlink:label="bac_ConsolidationVariableInterestEntityPolicyTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ConsolidationVariableInterestEntityPolicyTextBlock" xlink:to="bac_ConsolidationVariableInterestEntityPolicyTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ConsolidationVariableInterestEntityPolicyTextBlock_lbl" xml:lang="en-US"> Consolidation Variable Interest Entity Policy Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ConsolidationVariableInterestEntityPolicyTextBlock_lbl" xml:lang="en-US"> Variable Interest Entities Policy </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ConsolidationVariableInterestEntityPolicyTextBlock_lbl" xml:lang="en-US"> Consolidation Variable Interest Entity Policy Text Block. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SecuritizationsOfHomeEquityLoans" xlink:label="bac_SecuritizationsOfHomeEquityLoans"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SecuritizationsOfHomeEquityLoans" xlink:to="bac_SecuritizationsOfHomeEquityLoans_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SecuritizationsOfHomeEquityLoans_lbl" xml:lang="en-US"> Securitizations of home equity loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SecuritizationsOfHomeEquityLoans_lbl" xml:lang="en-US"> Securitization of home equity loans where the Corporation transfers home equity loans to the home equity securitization trusts, services the loans in the trusts and retains an interest in senior and subordinate securities and residual interests. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_SecuritizationsOfHomeEquityLoans_lbl" xml:lang="en-US"> Securitizations of home equity loans </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PriorPeriodReclassifcationFromSalesOfAgencyMortgageBackedSecuritiesToSecuredBorrowingsAsPercentOfTotalAssetsOrTotalLiabilities" xlink:label="bac_PriorPeriodReclassifcationFromSalesOfAgencyMortgageBackedSecuritiesToSecuredBorrowingsAsPercentOfTotalAssetsOrTotalLiabilities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PriorPeriodReclassifcationFromSalesOfAgencyMortgageBackedSecuritiesToSecuredBorrowingsAsPercentOfTotalAssetsOrTotalLiabilities" xlink:to="bac_PriorPeriodReclassifcationFromSalesOfAgencyMortgageBackedSecuritiesToSecuredBorrowingsAsPercentOfTotalAssetsOrTotalLiabilities_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PriorPeriodReclassifcationFromSalesOfAgencyMortgageBackedSecuritiesToSecuredBorrowingsAsPercentOfTotalAssetsOrTotalLiabilities_lbl" 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 </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PriorPeriodReclassifcationFromSalesOfAgencyMortgageBackedSecuritiesToSecuredBorrowingsAsPercentOfTotalAssetsOrTotalLiabilities_lbl" xml:lang="en-US"> Secured borrowing amounts treated as sales of agency mortgage-backed securities in prior quarters as a percent of total assets (less than) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PriorPeriodReclassifcationFromSalesOfAgencyMortgageBackedSecuritiesToSecuredBorrowingsAsPercentOfTotalAssetsOrTotalLiabilities_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_InternalProgramsMember" xlink:label="bac_InternalProgramsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_InternalProgramsMember" xlink:to="bac_InternalProgramsMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_InternalProgramsMember_lbl" xml:lang="en-US"> Internal Programs [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_InternalProgramsMember_lbl" xml:lang="en-US"> Internal Programs. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ExternalProgramsMember" xlink:label="bac_ExternalProgramsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ExternalProgramsMember" xlink:to="bac_ExternalProgramsMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ExternalProgramsMember_lbl" xml:lang="en-US"> External Programs [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ExternalProgramsMember_lbl" xml:lang="en-US"> External Programs. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AllowanceForLoanAndLeaseLossesBeforeAdoptionOfConsolidationGuidance" xlink:label="bac_AllowanceForLoanAndLeaseLossesBeforeAdoptionOfConsolidationGuidance"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AllowanceForLoanAndLeaseLossesBeforeAdoptionOfConsolidationGuidance" xlink:to="bac_AllowanceForLoanAndLeaseLossesBeforeAdoptionOfConsolidationGuidance_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AllowanceForLoanAndLeaseLossesBeforeAdoptionOfConsolidationGuidance_lbl" xml:lang="en-US"> Allowance for loan and lease losses before adoption of consolidation guidance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AllowanceForLoanAndLeaseLossesBeforeAdoptionOfConsolidationGuidance_lbl" xml:lang="en-US"> Allowance for loan and lease losses, beginning of period, before effect of the January 1 adoption of new consolidation guidance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AllowanceForLoanAndLeaseLossesBeforeAdoptionOfConsolidationGuidance_lbl" xml:lang="en-US"> Allowance for loan and lease losses, beginning of period, before effect of the January 1 adoption of new consolidation guidance. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AccruedExpensesAndOtherLiabilities" xlink:label="bac_AccruedExpensesAndOtherLiabilities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AccruedExpensesAndOtherLiabilities" xlink:to="bac_AccruedExpensesAndOtherLiabilities_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AccruedExpensesAndOtherLiabilities_lbl" xml:lang="en-US"> Accrued expenses and other liabilities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bac_AccruedExpensesAndOtherLiabilities_lbl" xml:lang="en-US"> Accrued expenses and other liabilities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AccruedExpensesAndOtherLiabilities_lbl" xml:lang="en-US"> Accrued expenses and other liabilities (includes $33,229 and $18,308 measured at fair value and $1,188 and $1,487 of reserve for unfunded lending commitments) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AccruedExpensesAndOtherLiabilities_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CommittedMinimumFeesOnDataCommunications" xlink:label="bac_CommittedMinimumFeesOnDataCommunications"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CommittedMinimumFeesOnDataCommunications" xlink:to="bac_CommittedMinimumFeesOnDataCommunications_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CommittedMinimumFeesOnDataCommunications_lbl" xml:lang="en-US"> Committed minimum fees on data communications </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CommittedMinimumFeesOnDataCommunications_lbl" xml:lang="en-US"> Committed minimum fees on data communications </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CommittedMinimumFeesOnDataCommunications_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CorporationProcessedMerchantServicesTransactions" xlink:label="bac_CorporationProcessedMerchantServicesTransactions"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CorporationProcessedMerchantServicesTransactions" xlink:to="bac_CorporationProcessedMerchantServicesTransactions_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CorporationProcessedMerchantServicesTransactions_lbl" xml:lang="en-US"> Corporation processed merchant services transactions </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CorporationProcessedMerchantServicesTransactions_lbl" xml:lang="en-US"> Merchant services transactions processed by the Corporation </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CorporationProcessedMerchantServicesTransactions_lbl" xml:lang="en-US"> This represents the amount of transactions processed by the Corporation as the result of billing disputes between cardholders and merchants. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LossesAsResultOfCardholderDisputedTransactions" xlink:label="bac_LossesAsResultOfCardholderDisputedTransactions"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LossesAsResultOfCardholderDisputedTransactions" xlink:to="bac_LossesAsResultOfCardholderDisputedTransactions_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LossesAsResultOfCardholderDisputedTransactions_lbl" xml:lang="en-US"> Losses As Result Of Cardholder Disputed Transactions </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_LossesAsResultOfCardholderDisputedTransactions_lbl" xml:lang="en-US"> Losses as a result of cardholder disputed transactions </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LossesAsResultOfCardholderDisputedTransactions_lbl" xml:lang="en-US"> This represents losses recorded by the Corporation as a result of cardholder disputed transactions. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_RangeOfMaturitiesOnOtherGurantees" xlink:label="bac_RangeOfMaturitiesOnOtherGurantees"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_RangeOfMaturitiesOnOtherGurantees" xlink:to="bac_RangeOfMaturitiesOnOtherGurantees_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_RangeOfMaturitiesOnOtherGurantees_lbl" xml:lang="en-US"> Range Of Maturities On Other Gurantees </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_RangeOfMaturitiesOnOtherGurantees_lbl" xml:lang="en-US"> Range of maturities on other guarantees </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_RangeOfMaturitiesOnOtherGurantees_lbl" xml:lang="en-US"> Range of maturities on other guarantees. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_EstimatedMaturityDatesOnAdditionalGuaranteeAgreements" xlink:label="bac_EstimatedMaturityDatesOnAdditionalGuaranteeAgreements"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_EstimatedMaturityDatesOnAdditionalGuaranteeAgreements" xlink:to="bac_EstimatedMaturityDatesOnAdditionalGuaranteeAgreements_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_EstimatedMaturityDatesOnAdditionalGuaranteeAgreements_lbl" xml:lang="en-US"> Estimated maturity dates on additional guarantee agreements </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_EstimatedMaturityDatesOnAdditionalGuaranteeAgreements_lbl" xml:lang="en-US"> Estimated maturity dates on additional guarantee agreements </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_EstimatedMaturityDatesOnAdditionalGuaranteeAgreements_lbl" xml:lang="en-US"> Estimated maturity dates on additional guarantee agreements. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ConvertibleDebtSecuritiesMember" xlink:label="us-gaap_ConvertibleDebtSecuritiesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ConvertibleDebtSecuritiesMember" xlink:to="us-gaap_ConvertibleDebtSecuritiesMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ConvertibleDebtSecuritiesMember_lbl" xml:lang="en-US"> Convertible Preferred Stock [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_LossContingenciesLineItems" xlink:label="us-gaap_LossContingenciesLineItems"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LossContingenciesLineItems" xlink:to="us-gaap_LossContingenciesLineItems_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LossContingenciesLineItems_lbl" xml:lang="en-US"> Loss Contingencies [Line Items] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_LossContingenciesTable" xlink:label="us-gaap_LossContingenciesTable"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LossContingenciesTable" xlink:to="us-gaap_LossContingenciesTable_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LossContingenciesTable_lbl" xml:lang="en-US"> Loss Contingencies [Table] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_lbl" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award [Line Items] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="us-gaap_AccountsNotesAndLoansReceivableLineItems"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:to="us-gaap_AccountsNotesAndLoansReceivableLineItems_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccountsNotesAndLoansReceivableLineItems_lbl" xml:lang="en-US"> Accounts, Notes, Loans and Financing Receivable [Line Items] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:to="us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_lbl" xml:lang="en-US"> Schedule of Accounts, Notes, Loans and Financing Receivable [Table] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable" xlink:label="us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable" xlink:to="us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable_lbl" xml:lang="en-US"> Schedule of Defined Benefit Plans Disclosures [Table] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanDisclosureLineItems" xlink:label="us-gaap_DefinedBenefitPlanDisclosureLineItems"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanDisclosureLineItems" xlink:to="us-gaap_DefinedBenefitPlanDisclosureLineItems_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedBenefitPlanDisclosureLineItems_lbl" xml:lang="en-US"> Defined Benefit Plan Disclosure [Line Items] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="us-gaap_VariableInterestEntityLineItems"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_VariableInterestEntityLineItems" xlink:to="us-gaap_VariableInterestEntityLineItems_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_VariableInterestEntityLineItems_lbl" xml:lang="en-US"> Variable Interest Entity [Line Items] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ScheduleOfVariableInterestEntitiesTable" xlink:label="us-gaap_ScheduleOfVariableInterestEntitiesTable"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfVariableInterestEntitiesTable" xlink:to="us-gaap_ScheduleOfVariableInterestEntitiesTable_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfVariableInterestEntitiesTable_lbl" xml:lang="en-US"> Schedule of Variable Interest Entities [Table] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="us-gaap_SegmentReportingInformationLineItems"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SegmentReportingInformationLineItems" xlink:to="us-gaap_SegmentReportingInformationLineItems_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SegmentReportingInformationLineItems_lbl" xml:lang="en-US"> Segment Reporting Information [Line Items] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable" xlink:label="us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable" xlink:to="us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_lbl" xml:lang="en-US"> Schedule of Segment Reporting Information, by Segment [Table] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ServicingAssetsAtFairValueLineItems" xlink:label="us-gaap_ServicingAssetsAtFairValueLineItems"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ServicingAssetsAtFairValueLineItems" xlink:to="us-gaap_ServicingAssetsAtFairValueLineItems_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ServicingAssetsAtFairValueLineItems_lbl" xml:lang="en-US"> Servicing Assets at Fair Value [Line Items] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ServicingAssetsAtFairValueTable" xlink:label="us-gaap_ServicingAssetsAtFairValueTable"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ServicingAssetsAtFairValueTable" xlink:to="us-gaap_ServicingAssetsAtFairValueTable_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ServicingAssetsAtFairValueTable_lbl" xml:lang="en-US"> Schedule of Servicing Assets at Fair Value [Table] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems" xlink:label="us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems" xlink:to="us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_lbl" xml:lang="en-US"> Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueByBalanceSheetGroupingTable" xlink:label="us-gaap_FairValueByBalanceSheetGroupingTable"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueByBalanceSheetGroupingTable" xlink:to="us-gaap_FairValueByBalanceSheetGroupingTable_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueByBalanceSheetGroupingTable_lbl" xml:lang="en-US"> Fair Value, by Balance Sheet Grouping [Table] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems" xlink:label="us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems" xlink:to="us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems_lbl" xml:lang="en-US"> Schedule of Available-for-sale Securities [Line Items] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ScheduleOfAvailableForSaleSecuritiesTable" xlink:label="us-gaap_ScheduleOfAvailableForSaleSecuritiesTable"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfAvailableForSaleSecuritiesTable" xlink:to="us-gaap_ScheduleOfAvailableForSaleSecuritiesTable_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfAvailableForSaleSecuritiesTable_lbl" xml:lang="en-US"> Schedule of Available-for-sale Securities [Table] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ScheduleOfErrorCorrectionsAndPriorPeriodAdjustmentRestatementTable" xlink:label="us-gaap_ScheduleOfErrorCorrectionsAndPriorPeriodAdjustmentRestatementTable"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfErrorCorrectionsAndPriorPeriodAdjustmentRestatementTable" xlink:to="us-gaap_ScheduleOfErrorCorrectionsAndPriorPeriodAdjustmentRestatementTable_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfErrorCorrectionsAndPriorPeriodAdjustmentRestatementTable_lbl" xml:lang="en-US"> Schedule of Error Corrections and Prior Period Adjustment Restatement [Table] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ErrorCorrectionsAndPriorPeriodAdjustmentsRestatementLineItems" xlink:label="us-gaap_ErrorCorrectionsAndPriorPeriodAdjustmentsRestatementLineItems"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ErrorCorrectionsAndPriorPeriodAdjustmentsRestatementLineItems" xlink:to="us-gaap_ErrorCorrectionsAndPriorPeriodAdjustmentsRestatementLineItems_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ErrorCorrectionsAndPriorPeriodAdjustmentsRestatementLineItems_lbl" xml:lang="en-US"> Error Corrections and Prior Period Adjustments Restatement [Line Items] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CollateralizedCreditCardSecuritiesMember" xlink:label="us-gaap_CollateralizedCreditCardSecuritiesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CollateralizedCreditCardSecuritiesMember" xlink:to="us-gaap_CollateralizedCreditCardSecuritiesMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CollateralizedCreditCardSecuritiesMember_lbl" xml:lang="en-US"> Credit Card Securitization Trusts [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CollateralizedAutoLoansMember" xlink:label="us-gaap_CollateralizedAutoLoansMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CollateralizedAutoLoansMember" xlink:to="us-gaap_CollateralizedAutoLoansMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CollateralizedAutoLoansMember_lbl" xml:lang="en-US"> Collateralized Auto Loans [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_GoodwillImpairmentLoss" xlink:label="us-gaap_GoodwillImpairmentLoss"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GoodwillImpairmentLoss" xlink:to="lab_GoodwillImpairmentLoss"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_GoodwillImpairmentLoss" xml:lang="en-US"> Goodwill, Impairment Loss </label>
<label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="lab_GoodwillImpairmentLoss" xml:lang="en-US"> Goodwill </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_GoodwillImpairmentLoss" xml:lang="en-US"> Goodwill </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_GoodwillImpairmentLoss" xml:lang="en-US"> Goodwill impairment charges </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_GrossTransfersBetweenLevelOneAndLevelTwo" xlink:label="bac_GrossTransfersBetweenLevelOneAndLevelTwo"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_GrossTransfersBetweenLevelOneAndLevelTwo" xlink:to="bac_GrossTransfersBetweenLevelOneAndLevelTwo_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_GrossTransfersBetweenLevelOneAndLevelTwo_lbl" xml:lang="en-US"> Gross transfers between Level One and Level Two </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_GrossTransfersBetweenLevelOneAndLevelTwo_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CumulativeEffectOfInitialAdoptionOfCreditRelatedNotes" xlink:label="bac_CumulativeEffectOfInitialAdoptionOfCreditRelatedNotes"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CumulativeEffectOfInitialAdoptionOfCreditRelatedNotes" xlink:to="bac_CumulativeEffectOfInitialAdoptionOfCreditRelatedNotes_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CumulativeEffectOfInitialAdoptionOfCreditRelatedNotes_lbl" xml:lang="en-US"> Cumulative Effect Of Initial Adoption Of Credit Related Notes </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CumulativeEffectOfInitialAdoptionOfCreditRelatedNotes_lbl" xml:lang="en-US"> Credit-related notes </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CumulativeEffectOfInitialAdoptionOfCreditRelatedNotes_lbl" xml:lang="en-US"> Cumulative Effect Of Initial Adoption Of Credit Related Notes. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CumulativeEffectOfInitialAdoptionOfNewAccountingPrincipleAbstract" xlink:label="us-gaap_CumulativeEffectOfInitialAdoptionOfNewAccountingPrincipleAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CumulativeEffectOfInitialAdoptionOfNewAccountingPrincipleAbstract" xlink:to="lab_CumulativeEffectOfInitialAdoptionOfNewAccountingPrincipleAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CumulativeEffectOfInitialAdoptionOfNewAccountingPrincipleAbstract" xml:lang="en-US"> Cumulative Effect of Initial Adoption of New Accounting Principle [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_CumulativeEffectOfInitialAdoptionOfNewAccountingPrincipleAbstract" xml:lang="en-US"> Cumulative adjustments for accounting changes: </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisFinancialStatementCaptionsLineItems" xlink:label="us-gaap_FairValueAssetsMeasuredOnRecurringBasisFinancialStatementCaptionsLineItems"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueAssetsMeasuredOnRecurringBasisFinancialStatementCaptionsLineItems" xlink:to="lab_FairValueAssetsMeasuredOnRecurringBasisFinancialStatementCaptionsLineItems"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueAssetsMeasuredOnRecurringBasisFinancialStatementCaptionsLineItems" xml:lang="en-US"> Fair Value Assets Measured On Recurring Basis Financial Statement Captions [Line Items] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_FairValueAssetsMeasuredOnRecurringBasisFinancialStatementCaptionsLineItems" xml:lang="en-US"> Fair Value Assets Measured On Recurring Basis [Line Items] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisFinancialStatementCaptionsLineItems" xlink:label="us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisFinancialStatementCaptionsLineItems"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisFinancialStatementCaptionsLineItems" xlink:to="lab_FairValueLiabilitiesMeasuredOnRecurringBasisFinancialStatementCaptionsLineItems"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueLiabilitiesMeasuredOnRecurringBasisFinancialStatementCaptionsLineItems" xml:lang="en-US"> Fair Value Liabilities Measured On Recurring Basis Financial Statement Captions [Line Items] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_FairValueLiabilitiesMeasuredOnRecurringBasisFinancialStatementCaptionsLineItems" xml:lang="en-US"> Fair Value Liabilities Measured On Recurring Basis [Line Items] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/non-gaap/invest-2009-01-31.xsd#invest_InvestmentAxis" xlink:label="invest_InvestmentAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="invest_InvestmentAxis" xlink:to="lab_InvestmentAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_InvestmentAxis" xml:lang="en-US"> Investment [Axis] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/non-gaap/invest-2009-01-31.xsd#invest_InvestmentDomain" xlink:label="invest_InvestmentDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="invest_InvestmentDomain" xlink:to="lab_InvestmentDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_InvestmentDomain" xml:lang="en-US"> Investment [Domain] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_SecuritiesAssetsMember" xlink:label="us-gaap_SecuritiesAssetsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SecuritiesAssetsMember" xlink:to="lab_SecuritiesAssetsMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_SecuritiesAssetsMember" xml:lang="en-US"> Securities (Assets) [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_MortgageBackedSecuritiesMember" xlink:label="us-gaap_MortgageBackedSecuritiesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_MortgageBackedSecuritiesMember" xlink:to="lab_MortgageBackedSecuritiesMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_MortgageBackedSecuritiesMember" xml:lang="en-US"> Collateralized Mortgage Backed Securities [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueOptionQuantitativeDisclosuresTable" xlink:label="us-gaap_FairValueOptionQuantitativeDisclosuresTable"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueOptionQuantitativeDisclosuresTable" xlink:to="lab_FairValueOptionQuantitativeDisclosuresTable"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueOptionQuantitativeDisclosuresTable" xml:lang="en-US"> Fair Value, Option, Quantitative Disclosures [Table] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisTable" xlink:label="us-gaap_FairValueAssetsMeasuredOnRecurringBasisTable"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueAssetsMeasuredOnRecurringBasisTable" xlink:to="lab_FairValueAssetsMeasuredOnRecurringBasisTable"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueAssetsMeasuredOnRecurringBasisTable" xml:lang="en-US"> Fair Value, Assets Measured on Recurring Basis [Table] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisDisclosureItemsAxis" xlink:label="us-gaap_FairValueAssetsMeasuredOnRecurringBasisDisclosureItemsAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueAssetsMeasuredOnRecurringBasisDisclosureItemsAxis" xlink:to="lab_FairValueAssetsMeasuredOnRecurringBasisDisclosureItemsAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueAssetsMeasuredOnRecurringBasisDisclosureItemsAxis" xml:lang="en-US"> Fair Value, Assets Measured on Recurring Basis, Disclosure Items [Axis] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisDisclosureItemsDomain" xlink:label="us-gaap_FairValueAssetsMeasuredOnRecurringBasisDisclosureItemsDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueAssetsMeasuredOnRecurringBasisDisclosureItemsDomain" xlink:to="lab_FairValueAssetsMeasuredOnRecurringBasisDisclosureItemsDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueAssetsMeasuredOnRecurringBasisDisclosureItemsDomain" xml:lang="en-US"> Fair Value, Assets Measured on Recurring Basis, Disclosure Items [Domain] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisTable" xlink:label="us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisTable"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisTable" xlink:to="lab_FairValueLiabilitiesMeasuredOnRecurringBasisTable"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueLiabilitiesMeasuredOnRecurringBasisTable" xml:lang="en-US"> Fair Value, Liabilities Measured on Recurring Basis [Table] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisDisclosureItemsAxis" xlink:label="us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisDisclosureItemsAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisDisclosureItemsAxis" xlink:to="lab_FairValueLiabilitiesMeasuredOnRecurringBasisDisclosureItemsAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueLiabilitiesMeasuredOnRecurringBasisDisclosureItemsAxis" xml:lang="en-US"> Fair Value, Liabilities Measured on Recurring Basis, Disclosure Items [Axis] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisDisclosureItemsDomain" xlink:label="us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisDisclosureItemsDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisDisclosureItemsDomain" xlink:to="lab_FairValueLiabilitiesMeasuredOnRecurringBasisDisclosureItemsDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueLiabilitiesMeasuredOnRecurringBasisDisclosureItemsDomain" xml:lang="en-US"> Fair Value, Liabilities Measured on Recurring Basis, Disclosure Items [Domain] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable" xlink:label="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable" xlink:to="lab_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable" xml:lang="en-US"> Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTable" xlink:label="us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTable"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTable" xlink:to="lab_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTable"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTable" xml:lang="en-US"> Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems" xlink:label="us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems" xlink:to="lab_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems" xml:lang="en-US"> Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings" xlink:to="lab_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings" xml:lang="en-US"> Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Gain (Loss) Included in Earnings </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings" xml:lang="en-US"> Gains (Losses) Included in Earnings </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchasesSalesIssuancesSettlements" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchasesSalesIssuancesSettlements"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchasesSalesIssuancesSettlements" xlink:to="lab_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchasesSalesIssuancesSettlements"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchasesSalesIssuancesSettlements" xml:lang="en-US"> Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Purchases, Sales, Issuances, Settlements </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchasesSalesIssuancesSettlements" xml:lang="en-US"> Purchases, Issuances and Settlements </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityTransfersNet" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityTransfersNet"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityTransfersNet" xlink:to="lab_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityTransfersNet"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityTransfersNet" xml:lang="en-US"> Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Transfers, Net </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityTransfersNet" xml:lang="en-US"> Transfers into / (out of) Level 3 </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnNonrecurringBasisTable" xlink:label="us-gaap_FairValueAssetsMeasuredOnNonrecurringBasisTable"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueAssetsMeasuredOnNonrecurringBasisTable" xlink:to="lab_FairValueAssetsMeasuredOnNonrecurringBasisTable"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueAssetsMeasuredOnNonrecurringBasisTable" xml:lang="en-US"> Fair Value, Assets and Liabilities Measured on Nonrecurring Basis [Table] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnNonrecurringBasisDisclosureItemsAxis" xlink:label="us-gaap_FairValueAssetsMeasuredOnNonrecurringBasisDisclosureItemsAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueAssetsMeasuredOnNonrecurringBasisDisclosureItemsAxis" xlink:to="lab_FairValueAssetsMeasuredOnNonrecurringBasisDisclosureItemsAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueAssetsMeasuredOnNonrecurringBasisDisclosureItemsAxis" xml:lang="en-US"> Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Disclosure Items [Axis] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnNonrecurringBasisDisclosureItemsDomain" xlink:label="us-gaap_FairValueAssetsMeasuredOnNonrecurringBasisDisclosureItemsDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueAssetsMeasuredOnNonrecurringBasisDisclosureItemsDomain" xlink:to="lab_FairValueAssetsMeasuredOnNonrecurringBasisDisclosureItemsDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueAssetsMeasuredOnNonrecurringBasisDisclosureItemsDomain" xml:lang="en-US"> Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Disclosure Items [Domain] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnNonrecurringBasisFinancialStatementCaptionsLineItems" xlink:label="us-gaap_FairValueAssetsMeasuredOnNonrecurringBasisFinancialStatementCaptionsLineItems"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueAssetsMeasuredOnNonrecurringBasisFinancialStatementCaptionsLineItems" xlink:to="lab_FairValueAssetsMeasuredOnNonrecurringBasisFinancialStatementCaptionsLineItems"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueAssetsMeasuredOnNonrecurringBasisFinancialStatementCaptionsLineItems" xml:lang="en-US"> Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Financial Statement Captions [Line Items] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AccruedExpensesAndOtherLiabilitiesMember" xlink:label="bac_AccruedExpensesAndOtherLiabilitiesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AccruedExpensesAndOtherLiabilitiesMember" xlink:to="bac_AccruedExpensesAndOtherLiabilitiesMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AccruedExpensesAndOtherLiabilitiesMember_lbl" xml:lang="en-US"> Accrued expenses and other liabilities [Member] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NonAgencyMBSMember" xlink:label="bac_NonAgencyMBSMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NonAgencyMBSMember" xlink:to="bac_NonAgencyMBSMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NonAgencyMBSMember_lbl" xml:lang="en-US"> Non-Agency MBS [Member] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LoansAndLeasesMember" xlink:label="bac_LoansAndLeasesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LoansAndLeasesMember" xlink:to="bac_LoansAndLeasesMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LoansAndLeasesMember_lbl" xml:lang="en-US"> Loans and leases [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_OtherAssetsMember" xlink:label="us-gaap_OtherAssetsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherAssetsMember" xlink:to="us-gaap_OtherAssetsMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherAssetsMember_lbl" xml:lang="en-US"> Other assets [Member] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiability" xlink:label="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiability"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiability" xlink:to="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiability_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiability_lbl" xml:lang="en-US"> Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiability_lbl" xml:lang="en-US"> Balance December 31 </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiability_lbl" xml:lang="en-US"> Balance January 1 </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiability_lbl" xml:lang="en-US"> This element represents a liability measured at fair value using significant unobservable inputs (Level 3) which is required for reconciliation purposes of beginning and ending balances. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInEarningsTable" xlink:label="bac_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInEarningsTable"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInEarningsTable" xlink:to="bac_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInEarningsTable_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInEarningsTable_lbl" xml:lang="en-US"> Fair Value, Assets Measured on Recurring Basis, Gain (Loss) Included in Earnings [Table] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInEarningsTable_lbl" xml:lang="en-US"> Fair Value, Assets Measured on Recurring Basis, Gain (Loss) Included in Earnings Table </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInEarningsLineItems" xlink:label="bac_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInEarningsLineItems"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInEarningsLineItems" xlink:to="bac_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInEarningsLineItems_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInEarningsLineItems_lbl" xml:lang="en-US"> Fair Value, Assets Measured on Recurring Basis, Gain (Loss) Included in Earnings [Line Items] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInEarningsLineItems_lbl" xml:lang="en-US"> Fair Value, Assets Measured on Recurring Basis, Gain (Loss) Included in Earnings Line Items </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_Level3TotalRealizedAndUnrealizedGainsLossesRelatedToAssetsIncludedInEarningsAbstract" xlink:label="bac_Level3TotalRealizedAndUnrealizedGainsLossesRelatedToAssetsIncludedInEarningsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_Level3TotalRealizedAndUnrealizedGainsLossesRelatedToAssetsIncludedInEarningsAbstract" xlink:to="bac_Level3TotalRealizedAndUnrealizedGainsLossesRelatedToAssetsIncludedInEarningsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_Level3TotalRealizedAndUnrealizedGainsLossesRelatedToAssetsIncludedInEarningsAbstract_lbl" xml:lang="en-US"> Level 3 Total Realized and Unrealized Gains (Losses) Related to Assets Included in Earnings [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_Level3TotalRealizedAndUnrealizedGainsLossesRelatedToAssetsIncludedInEarningsAbstract_lbl" xml:lang="en-US"> Level 3 Total Realized and Unrealized Gains (Losses) Related to Assets Included in Earnings [Abstract] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_Level3ChangesInUnrealizedGainsLossesRelatingToAssetsStillHeldAtReportingDateAbstract" xlink:label="bac_Level3ChangesInUnrealizedGainsLossesRelatingToAssetsStillHeldAtReportingDateAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_Level3ChangesInUnrealizedGainsLossesRelatingToAssetsStillHeldAtReportingDateAbstract" xlink:to="bac_Level3ChangesInUnrealizedGainsLossesRelatingToAssetsStillHeldAtReportingDateAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_Level3ChangesInUnrealizedGainsLossesRelatingToAssetsStillHeldAtReportingDateAbstract_lbl" xml:lang="en-US"> Level 3 Changes in Unrealized Gains (Losses) Relating to Assets Still Held at Reporting Date [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_Level3ChangesInUnrealizedGainsLossesRelatingToAssetsStillHeldAtReportingDateAbstract_lbl" xml:lang="en-US"> Level 3 Changes in Unrealized Gains (Losses) Relating to Assets Still Held at Reporting Date Abstract </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsTable" xlink:label="bac_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsTable"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsTable" xlink:to="bac_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsTable_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsTable_lbl" xml:lang="en-US"> Fair Value, Liabilities Measured on Recurring Basis, Gain (Loss) Included in Earnings [Table] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsTable_lbl" xml:lang="en-US"> Fair Value, Liabilities Measured on Recurring Basis, Gain (Loss) Included in Earnings Table </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsLineItems" xlink:label="bac_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsLineItems"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsLineItems" xlink:to="bac_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsLineItems_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsLineItems_lbl" xml:lang="en-US"> Fair Value, Liabilities Measured on Recurring Basis, Gain (Loss) Included in Earnings [Line Items] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsLineItems_lbl" xml:lang="en-US"> Fair Value, Liabilities Measured on Recurring Basis, Gain (Loss) Included in Earnings Line Items </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_Level3TotalRealizedAndUnrealizedGainsLossesRelatedToLiabilitiesIncludedInEarningsAbstract" xlink:label="bac_Level3TotalRealizedAndUnrealizedGainsLossesRelatedToLiabilitiesIncludedInEarningsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_Level3TotalRealizedAndUnrealizedGainsLossesRelatedToLiabilitiesIncludedInEarningsAbstract" xlink:to="bac_Level3TotalRealizedAndUnrealizedGainsLossesRelatedToLiabilitiesIncludedInEarningsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_Level3TotalRealizedAndUnrealizedGainsLossesRelatedToLiabilitiesIncludedInEarningsAbstract_lbl" xml:lang="en-US"> Level 3 Total Realized and Unrealized Gains (Losses) Related to Liabilities Included in Earnings [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_Level3TotalRealizedAndUnrealizedGainsLossesRelatedToLiabilitiesIncludedInEarningsAbstract_lbl" xml:lang="en-US"> Level 3 Total Realized and Unrealized Gains (Losses) Related to Liabilities Included in Earnings Abstract </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_Level3ChangesInUnrealizedGainsLossesRelatingToLiabilitiesStillHeldAtReportingDateAbstract" xlink:label="bac_Level3ChangesInUnrealizedGainsLossesRelatingToLiabilitiesStillHeldAtReportingDateAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_Level3ChangesInUnrealizedGainsLossesRelatingToLiabilitiesStillHeldAtReportingDateAbstract" xlink:to="bac_Level3ChangesInUnrealizedGainsLossesRelatingToLiabilitiesStillHeldAtReportingDateAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_Level3ChangesInUnrealizedGainsLossesRelatingToLiabilitiesStillHeldAtReportingDateAbstract_lbl" xml:lang="en-US"> Level 3 Changes in Unrealized Gains (Losses) Relating to Liabilities Still Held at Reporting Date [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_Level3ChangesInUnrealizedGainsLossesRelatingToLiabilitiesStillHeldAtReportingDateAbstract_lbl" xml:lang="en-US"> Level 3 Changes in Unrealized Gains (Losses) Relating to Liabilities Still Held at Reporting Date Abstract </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DisclosureFairValueMeasurementsTextualsDetailsAbstract" xlink:label="bac_DisclosureFairValueMeasurementsTextualsDetailsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DisclosureFairValueMeasurementsTextualsDetailsAbstract" xlink:to="bac_DisclosureFairValueMeasurementsTextualsDetailsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DisclosureFairValueMeasurementsTextualsDetailsAbstract_lbl" xml:lang="en-US"> Disclosure - Fair Value Measurements (Textuals) (Details) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DisclosureFairValueMeasurementsTextualsDetailsAbstract_lbl" xml:lang="en-US"> Disclosure - Fair Value Measurements (Textuals) (Details) Abstract </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValueAcquisition" xlink:label="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValueAcquisition"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValueAcquisition" xlink:to="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValueAcquisition_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValueAcquisition_lbl" xml:lang="en-US"> Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value, Acquisition </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValueAcquisition_lbl" xml:lang="en-US"> Merill Lynch Acquisition </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValueAcquisition_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityValueAcquisition" xlink:label="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityValueAcquisition"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityValueAcquisition" xlink:to="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityValueAcquisition_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityValueAcquisition_lbl" xml:lang="en-US"> Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Value, Acquisition </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityValueAcquisition_lbl" xml:lang="en-US"> Merrill Lynch Acquisition </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityValueAcquisition_lbl" xml:lang="en-US"> This represents the fair value at acquisition date of liabilities acquired and measured at fair value on a recurring basis using significant unobservable inputs (Level 3) related to the Merrill Lynch acquisition. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutGross" xlink:label="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutGross"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutGross" xlink:to="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutGross_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutGross_lbl" xml:lang="en-US"> Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Gross </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutGross_lbl" xml:lang="en-US"> More significant transfers out of Level 3 </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutGross_lbl" xml:lang="en-US"> Gross Transfers out of Level 3 </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutGross_lbl" xml:lang="en-US"> This element represents the gross transfers out of assets measured at fair value on a recurring basis using unobservable inputs (Level 3) which have taken place during the period. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitiesTransfersOutGross" xlink:label="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitiesTransfersOutGross"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitiesTransfersOutGross" xlink:to="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitiesTransfersOutGross_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitiesTransfersOutGross_lbl" xml:lang="en-US"> Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liabilities Transfers Out Gross </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitiesTransfersOutGross_lbl" xml:lang="en-US"> Gross Transfers out of Level 3 </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitiesTransfersOutGross_lbl" xml:lang="en-US"> This element represents the gross transfers out of liabilities measured at fair value on a recurring basis using unobservable inputs (Level 3) which have taken place during the period. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitiesTransfersInGross" xlink:label="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitiesTransfersInGross"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitiesTransfersInGross" xlink:to="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitiesTransfersInGross_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitiesTransfersInGross_lbl" xml:lang="en-US"> Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liabilities Transfers In Gross </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitiesTransfersInGross_lbl" xml:lang="en-US"> Gross Transfers into Level 3 </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitiesTransfersInGross_lbl" xml:lang="en-US"> This element represents the gross transfers in to liabilities measured at fair value on a recurring basis using unobservable inputs (Level 3) which have taken place during the period. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersInGross" xlink:label="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersInGross"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersInGross" xlink:to="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersInGross_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersInGross_lbl" xml:lang="en-US"> Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers In Gross </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersInGross_lbl" xml:lang="en-US"> More significant transfers into Level 3 </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersInGross_lbl" xml:lang="en-US"> Gross Transfers into Level 3 </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersInGross_lbl" xml:lang="en-US"> This element represents the gross transfers in to assets measured at fair value on a recurring basis using unobservable inputs (Level 3) which have taken place during the period. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationAssetTypesDomain" xlink:label="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationAssetTypesDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationAssetTypesDomain" xlink:to="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationAssetTypesDomain_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationAssetTypesDomain_lbl" xml:lang="en-US"> Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Asset Types [Domain] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationByAssetTypeAxis" xlink:label="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationByAssetTypeAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationByAssetTypeAxis" xlink:to="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationByAssetTypeAxis_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationByAssetTypeAxis_lbl" xml:lang="en-US"> Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, by Asset Type [Axis] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsAxis" xlink:label="bac_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsAxis" xlink:to="bac_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsAxis_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsAxis_lbl" xml:lang="en-US"> Fair Value, Liabilities Measured on Recurring Basis, Gain (Loss) Included in Earnings [Axis] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsAxis_lbl" xml:lang="en-US"> Fair Value, Liabilities Measured on Recurring Basis, Gain (Loss) Included in Earnings Axis </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsDomain" xlink:label="bac_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsDomain" xlink:to="bac_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsDomain_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsDomain_lbl" xml:lang="en-US"> Fair Value, Liabilities Measured on Recurring Basis, Gain (Loss) Included in Earnings [Domain] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsDomain_lbl" xml:lang="en-US"> Fair Value, Liabilities Measured on Recurring Basis, Gain (Loss) Included in Earnings Domain </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueOptionByIncomeStatementLocationAxis" xlink:label="bac_FairValueOptionByIncomeStatementLocationAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueOptionByIncomeStatementLocationAxis" xlink:to="bac_FairValueOptionByIncomeStatementLocationAxis_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueOptionByIncomeStatementLocationAxis_lbl" xml:lang="en-US"> Fair Value Option By Income Statement Location [Axis] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueOptionByIncomeStatementLocationAxis_lbl" xml:lang="en-US"> Fair Value Option By Income Statement Location Axis </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueOptionByIncomeStatementLocationDomain" xlink:label="bac_FairValueOptionByIncomeStatementLocationDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueOptionByIncomeStatementLocationDomain" xlink:to="bac_FairValueOptionByIncomeStatementLocationDomain_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueOptionByIncomeStatementLocationDomain_lbl" xml:lang="en-US"> Fair Value Option By Income Statement Location [Domain] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueOptionByIncomeStatementLocationDomain_lbl" xml:lang="en-US"> Fair Value Option By Income Statement Location Domain </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CreditRelatedNotesMember" xlink:label="bac_CreditRelatedNotesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CreditRelatedNotesMember" xlink:to="bac_CreditRelatedNotesMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CreditRelatedNotesMember_lbl" xml:lang="en-US"> Credit-related notes [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CreditRelatedNotesMember_lbl" xml:lang="en-US"> Credit-related notes. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DomesticSecuritiesBasedLendingMarginLoansWithinDirectIndirectConsumerLoans" xlink:label="bac_DomesticSecuritiesBasedLendingMarginLoansWithinDirectIndirectConsumerLoans"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DomesticSecuritiesBasedLendingMarginLoansWithinDirectIndirectConsumerLoans" xlink:to="bac_DomesticSecuritiesBasedLendingMarginLoansWithinDirectIndirectConsumerLoans_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DomesticSecuritiesBasedLendingMarginLoansWithinDirectIndirectConsumerLoans_lbl" xml:lang="en-US"> Domestic Securities based lending margin loans within direct indirect consumer loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_DomesticSecuritiesBasedLendingMarginLoansWithinDirectIndirectConsumerLoans_lbl" xml:lang="en-US"> Domestic Securities-based lending margin loans within direct/indirect consumer loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DomesticSecuritiesBasedLendingMarginLoansWithinDirectIndirectConsumerLoans_lbl" xml:lang="en-US"> Securities-based lending margin loan refers to the lending of securities by one party to another. The terms of the loan will be governed by a "Securities Lending Agreement", which requires that the borrower provides the lender with collateral, in the form of cash, government securities, or a Letter of Credit of value equal to or greater than the loaned securities. The agreement is a contract enforceable under relevant state law, which is often specified in the agreement. Securities-based lending margin loans are included within direct/indirect consumer loans outstanding. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CarryingAmountOfHomeLoansAndInsurance" xlink:label="bac_CarryingAmountOfHomeLoansAndInsurance"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CarryingAmountOfHomeLoansAndInsurance" xlink:to="bac_CarryingAmountOfHomeLoansAndInsurance_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CarryingAmountOfHomeLoansAndInsurance_lbl" xml:lang="en-US"> Carrying Amount of Home Loans and Insurance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CarryingAmountOfHomeLoansAndInsurance_lbl" xml:lang="en-US"> Carrying value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CarryingAmountOfHomeLoansAndInsurance_lbl" xml:lang="en-US"> The carrying value of the Home Loans & Insurance business. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueOfHomeLoansAndInsurance" xlink:label="bac_FairValueOfHomeLoansAndInsurance"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueOfHomeLoansAndInsurance" xlink:to="bac_FairValueOfHomeLoansAndInsurance_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueOfHomeLoansAndInsurance_lbl" xml:lang="en-US"> Fair Value of Home Loans and Insurance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FairValueOfHomeLoansAndInsurance_lbl" xml:lang="en-US"> Fair value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueOfHomeLoansAndInsurance_lbl" xml:lang="en-US"> The fair value of the Home Loans & Insurance business. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CarryingAmountOfGlobalCardServices" xlink:label="bac_CarryingAmountOfGlobalCardServices"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CarryingAmountOfGlobalCardServices" xlink:to="bac_CarryingAmountOfGlobalCardServices_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CarryingAmountOfGlobalCardServices_lbl" xml:lang="en-US"> Carrying amount of Global Card Services </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CarryingAmountOfGlobalCardServices_lbl" xml:lang="en-US"> Carrying value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CarryingAmountOfGlobalCardServices_lbl" xml:lang="en-US"> The carrying value of the Global Card Services business. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueOfGlobalCardServices" xlink:label="bac_FairValueOfGlobalCardServices"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueOfGlobalCardServices" xlink:to="bac_FairValueOfGlobalCardServices_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueOfGlobalCardServices_lbl" xml:lang="en-US"> Fair Value of Global Card Services </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FairValueOfGlobalCardServices_lbl" xml:lang="en-US"> Fair value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueOfGlobalCardServices_lbl" xml:lang="en-US"> The fair value of the Global Card Services business. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LongTermDebtOfConsolidatedVIEsMember" xlink:label="bac_LongTermDebtOfConsolidatedVIEsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LongTermDebtOfConsolidatedVIEsMember" xlink:to="bac_LongTermDebtOfConsolidatedVIEsMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LongTermDebtOfConsolidatedVIEsMember_lbl" xml:lang="en-US"> Long-term debt of consolidated VIEs [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LongTermDebtOfConsolidatedVIEsMember_lbl" xml:lang="en-US"> Long Term Debt Of Consolidated VIEs Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_UnpaidPrincipalBalanceOfLoansRelatedToUnresolvedRepurchaseRequestsPreviouslyReceivedFromMonolinesThatHaveBeenReviewedByTheCorporation" xlink:label="bac_UnpaidPrincipalBalanceOfLoansRelatedToUnresolvedRepurchaseRequestsPreviouslyReceivedFromMonolinesThatHaveBeenReviewedByTheCorporation"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_UnpaidPrincipalBalanceOfLoansRelatedToUnresolvedRepurchaseRequestsPreviouslyReceivedFromMonolinesThatHaveBeenReviewedByTheCorporation" xlink:to="bac_UnpaidPrincipalBalanceOfLoansRelatedToUnresolvedRepurchaseRequestsPreviouslyReceivedFromMonolinesThatHaveBeenReviewedByTheCorporation_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_UnpaidPrincipalBalanceOfLoansRelatedToUnresolvedRepurchaseRequestsPreviouslyReceivedFromMonolinesThatHaveBeenReviewedByTheCorporation_lbl" xml:lang="en-US"> Unpaid Principal Balance Of Loans Related To Unresolved Repurchase Requests Previously Received From Monolines That Have Been Reviewed By The Corporation </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_UnpaidPrincipalBalanceOfLoansRelatedToUnresolvedRepurchaseRequestsPreviouslyReceivedFromMonolinesThatHaveBeenReviewedByTheCorporation_lbl" xml:lang="en-US"> Unpaid principal balance of loans related to unresolved repurchase requests previously received from monolines that have been reviewed by the corporation </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_UnpaidPrincipalBalanceOfLoansRelatedToUnresolvedRepurchaseRequestsPreviouslyReceivedFromMonolinesThatHaveBeenReviewedByTheCorporation_lbl" xml:lang="en-US"> The unpaid principal balance of loan repurchase requests from monoline financial guarantors that have been reviewed by the Corporation, where in the Corporation's view, a valid defect has not been identified. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ConsolidatedHomeEquityLoanSecuritizationTrustsByTheCorporation" xlink:label="bac_ConsolidatedHomeEquityLoanSecuritizationTrustsByTheCorporation"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ConsolidatedHomeEquityLoanSecuritizationTrustsByTheCorporation" xlink:to="bac_ConsolidatedHomeEquityLoanSecuritizationTrustsByTheCorporation_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ConsolidatedHomeEquityLoanSecuritizationTrustsByTheCorporation_lbl" xml:lang="en-US"> Consolidated Home Equity Loan Securitization Trusts By The Corporation </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ConsolidatedHomeEquityLoanSecuritizationTrustsByTheCorporation_lbl" xml:lang="en-US"> Home equity loan securitization trusts consolidated by the Corporation </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ConsolidatedHomeEquityLoanSecuritizationTrustsByTheCorporation_lbl" xml:lang="en-US"> This represents the amount of home equity loan securitization trusts consolidated under new consolidation guidance on January 1, 2010. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SubordinateSecuritiesClassifiedAsTradingAccountAssets" xlink:label="bac_SubordinateSecuritiesClassifiedAsTradingAccountAssets"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SubordinateSecuritiesClassifiedAsTradingAccountAssets" xlink:to="bac_SubordinateSecuritiesClassifiedAsTradingAccountAssets_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SubordinateSecuritiesClassifiedAsTradingAccountAssets_lbl" xml:lang="en-US"> Subordinate securities classified as Trading account assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SubordinateSecuritiesClassifiedAsTradingAccountAssets_lbl" xml:lang="en-US"> Debt securities, classified as trading account assets, issued by the securitizations that have a claim on the securitization trust's assets only after the claims of holders of senior debt have been satisfied. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_SubordinateSecuritiesClassifiedAsTradingAccountAssets_lbl" xml:lang="en-US"> Subordinate securities classified as Trading account assets </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MonthsOverWhichTransactionsAreExpectedToEnterRapidAmortizationForHomeEquitySecuritizations" xlink:label="bac_MonthsOverWhichTransactionsAreExpectedToEnterRapidAmortizationForHomeEquitySecuritizations"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MonthsOverWhichTransactionsAreExpectedToEnterRapidAmortizationForHomeEquitySecuritizations" xlink:to="bac_MonthsOverWhichTransactionsAreExpectedToEnterRapidAmortizationForHomeEquitySecuritizations_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MonthsOverWhichTransactionsAreExpectedToEnterRapidAmortizationForHomeEquitySecuritizations_lbl" xml:lang="en-US"> The months over which transactions are expected to enter rapid amortization for home equity securitizations </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MonthsOverWhichTransactionsAreExpectedToEnterRapidAmortizationForHomeEquitySecuritizations_lbl" xml:lang="en-US"> This represents the number of months over which home equity securitization transactions are expected to enter rapid amortization. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NotionalAmountOfDerivativeContractsWithUnconsolidatedSpes" xlink:label="bac_NotionalAmountOfDerivativeContractsWithUnconsolidatedSpes"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NotionalAmountOfDerivativeContractsWithUnconsolidatedSpes" xlink:to="bac_NotionalAmountOfDerivativeContractsWithUnconsolidatedSpes_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NotionalAmountOfDerivativeContractsWithUnconsolidatedSpes_lbl" xml:lang="en-US"> Notional amount of derivative contracts with unconsolidated SPEs </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NotionalAmountOfDerivativeContractsWithUnconsolidatedSpes_lbl" xml:lang="en-US"> This represents the notional amount of derivative contracts, typically total return swaps, with unconsolidated SPEs, principally CDO vehicles, which hold non-super senior CDO debt securities or other debt securities on the Corporation's behalf. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NotionalAmountOfDerivativeContractsWithUnconsolidatedSpes_lbl" xml:lang="en-US"> Notional amount of derivative contracts with unconsolidated SPEs </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_OtherLiquidityCommitmentsIncludingWrittenPutOptionsAndCollateralValueGuaranteesWithUnconsolidatedCreditLinkedAndEquityLinkedNoteVehicles" xlink:label="bac_OtherLiquidityCommitmentsIncludingWrittenPutOptionsAndCollateralValueGuaranteesWithUnconsolidatedCreditLinkedAndEquityLinkedNoteVehicles"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_OtherLiquidityCommitmentsIncludingWrittenPutOptionsAndCollateralValueGuaranteesWithUnconsolidatedCreditLinkedAndEquityLinkedNoteVehicles" xlink:to="bac_OtherLiquidityCommitmentsIncludingWrittenPutOptionsAndCollateralValueGuaranteesWithUnconsolidatedCreditLinkedAndEquityLinkedNoteVehicles_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_OtherLiquidityCommitmentsIncludingWrittenPutOptionsAndCollateralValueGuaranteesWithUnconsolidatedCreditLinkedAndEquityLinkedNoteVehicles_lbl" xml:lang="en-US"> Other liquidity commitments including written put options and collateral value guarantees with unconsolidated credit linked and equity linked note vehicles </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_OtherLiquidityCommitmentsIncludingWrittenPutOptionsAndCollateralValueGuaranteesWithUnconsolidatedCreditLinkedAndEquityLinkedNoteVehicles_lbl" xml:lang="en-US"> This represents the Corporation's other liquidity commitments, including written put options and collateral value guarantees, with unconsolidated credit-linked and equity-linked note vehicles. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_OtherLiquidityCommitmentsIncludingWrittenPutOptionsAndCollateralValueGuaranteesWithUnconsolidatedCreditLinkedAndEquityLinkedNoteVehicles_lbl" xml:lang="en-US"> Other liquidity commitments including written put options and collateral value guarantees with unconsolidated credit linked and equity linked note vehicles </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_WeightedAverageRemainingLifeOfBondsHeldInTrustsInYears" xlink:label="bac_WeightedAverageRemainingLifeOfBondsHeldInTrustsInYears"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_WeightedAverageRemainingLifeOfBondsHeldInTrustsInYears" xlink:to="bac_WeightedAverageRemainingLifeOfBondsHeldInTrustsInYears_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_WeightedAverageRemainingLifeOfBondsHeldInTrustsInYears_lbl" xml:lang="en-US"> Weighted average remaining life of bonds held in the trusts in years </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_WeightedAverageRemainingLifeOfBondsHeldInTrustsInYears_lbl" xml:lang="en-US"> Weighted average remaining life of bonds held in the trusts, in years </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_WeightedAverageRemainingLifeOfBondsHeldInTrustsInYears_lbl" xml:lang="en-US"> This represents the weighted-average remaining life of bonds held in municipal bond trusts. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_UnpaidPrincipalBalancesOfServicedAssetBackedSecuritizationTrusts" xlink:label="bac_UnpaidPrincipalBalancesOfServicedAssetBackedSecuritizationTrusts"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_UnpaidPrincipalBalancesOfServicedAssetBackedSecuritizationTrusts" xlink:to="bac_UnpaidPrincipalBalancesOfServicedAssetBackedSecuritizationTrusts_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_UnpaidPrincipalBalancesOfServicedAssetBackedSecuritizationTrusts_lbl" xml:lang="en-US"> Unpaid principal balances of serviced asset-backed securitization trusts </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_UnpaidPrincipalBalancesOfServicedAssetBackedSecuritizationTrusts_lbl" xml:lang="en-US"> This represents the outstanding principal balances of asset-backed securitizations the Corporation services, substantially all of which are automobile loans. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_RepurchaseOfLoansFromHomeEquitySecuritizationTrusts" xlink:label="bac_RepurchaseOfLoansFromHomeEquitySecuritizationTrusts"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_RepurchaseOfLoansFromHomeEquitySecuritizationTrusts" xlink:to="bac_RepurchaseOfLoansFromHomeEquitySecuritizationTrusts_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_RepurchaseOfLoansFromHomeEquitySecuritizationTrusts_lbl" xml:lang="en-US"> Repurchase of loans from home equity securitization trusts </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_RepurchaseOfLoansFromHomeEquitySecuritizationTrusts_lbl" xml:lang="en-US"> The balance of repurchases from home equity securitization trusts in order to perform modifications or clean up calls. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_RepurchaseOfLoansFromHomeEquitySecuritizationTrusts_lbl" xml:lang="en-US"> Repurchase of loans from home equity securitization trusts </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_UnpaidPrincipalBalanceOfLoansRelatedToUnresolvedRepurchaseRequestsReceived" xlink:label="bac_UnpaidPrincipalBalanceOfLoansRelatedToUnresolvedRepurchaseRequestsReceived"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_UnpaidPrincipalBalanceOfLoansRelatedToUnresolvedRepurchaseRequestsReceived" xlink:to="bac_UnpaidPrincipalBalanceOfLoansRelatedToUnresolvedRepurchaseRequestsReceived_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_UnpaidPrincipalBalanceOfLoansRelatedToUnresolvedRepurchaseRequestsReceived_lbl" xml:lang="en-US"> Unpaid principal balance of loans related to unresolved repurchase requests received </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_UnpaidPrincipalBalanceOfLoansRelatedToUnresolvedRepurchaseRequestsReceived_lbl" xml:lang="en-US"> The unpaid principal balance of loan repurchase requests from monoline financial guarantors previously received and unresolved. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LiquiditySupportCommitment" xlink:label="bac_LiquiditySupportCommitment"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LiquiditySupportCommitment" xlink:to="bac_LiquiditySupportCommitment_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LiquiditySupportCommitment_lbl" xml:lang="en-US"> Liquidity support commitment </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LiquiditySupportCommitment_lbl" xml:lang="en-US"> This represents a liquidity support commitment the Corporation provided to the U.S. Credit Card Securitization Trust's commercial paper program. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_UnpaidPrincipalBalanceOfAssetbackedSecuritizationTrustsCollateralizedByAutomobileLoans" xlink:label="bac_UnpaidPrincipalBalanceOfAssetbackedSecuritizationTrustsCollateralizedByAutomobileLoans"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_UnpaidPrincipalBalanceOfAssetbackedSecuritizationTrustsCollateralizedByAutomobileLoans" xlink:to="bac_UnpaidPrincipalBalanceOfAssetbackedSecuritizationTrustsCollateralizedByAutomobileLoans_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_UnpaidPrincipalBalanceOfAssetbackedSecuritizationTrustsCollateralizedByAutomobileLoans_lbl" xml:lang="en-US"> Unpaid Principal Balance Of Assetbacked Securitization Trusts Collateralized By Automobile Loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_UnpaidPrincipalBalanceOfAssetbackedSecuritizationTrustsCollateralizedByAutomobileLoans_lbl" xml:lang="en-US"> Unpaid principal balance of asset-backed securitization trusts collateralized by automobile loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_UnpaidPrincipalBalanceOfAssetbackedSecuritizationTrustsCollateralizedByAutomobileLoans_lbl" xml:lang="en-US"> This represents the unpaid principal balance collateralized by automobile loans of the asset-backed securitization trusts. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_UnpaidPrincipalBalanceOfAssetBackedSecuritizationTrustsCollateralizedByStudentLoans" xlink:label="bac_UnpaidPrincipalBalanceOfAssetBackedSecuritizationTrustsCollateralizedByStudentLoans"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_UnpaidPrincipalBalanceOfAssetBackedSecuritizationTrustsCollateralizedByStudentLoans" xlink:to="bac_UnpaidPrincipalBalanceOfAssetBackedSecuritizationTrustsCollateralizedByStudentLoans_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_UnpaidPrincipalBalanceOfAssetBackedSecuritizationTrustsCollateralizedByStudentLoans_lbl" xml:lang="en-US"> Unpaid principal balance of asset-backed securitization trusts collateralized by student loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_UnpaidPrincipalBalanceOfAssetBackedSecuritizationTrustsCollateralizedByStudentLoans_lbl" xml:lang="en-US"> This represents the unpaid principal balance collateralized by student loans of the asset-backed securitization trusts. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_UnpaidPrincipalBalanceOfAssetBackedSecuritizationTrustsCollateralizedByStudentLoans_lbl" xml:lang="en-US"> Unpaid principal balance of asset-backed securitization trusts collateralized by student loans </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_StudentLoansTransferredToAssetBackedSecuritizationTrusts" xlink:label="bac_StudentLoansTransferredToAssetBackedSecuritizationTrusts"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_StudentLoansTransferredToAssetBackedSecuritizationTrusts" xlink:to="bac_StudentLoansTransferredToAssetBackedSecuritizationTrusts_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_StudentLoansTransferredToAssetBackedSecuritizationTrusts_lbl" xml:lang="en-US"> Student loans transferred to asset-backed securitization trusts </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_StudentLoansTransferredToAssetBackedSecuritizationTrusts_lbl" xml:lang="en-US"> The amount of student loans the Corporation transferred to asset-backed securitization trusts. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_StudentLoansTransferredToAssetBackedSecuritizationTrusts_lbl" xml:lang="en-US"> Student loans transferred to asset-backed securitization trusts </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_GoodwillAndIntangibleAssetsTextualsAbstract" xlink:label="bac_GoodwillAndIntangibleAssetsTextualsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_GoodwillAndIntangibleAssetsTextualsAbstract" xlink:to="bac_GoodwillAndIntangibleAssetsTextualsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_GoodwillAndIntangibleAssetsTextualsAbstract_lbl" xml:lang="en-US"> Goodwill and Intangible Assets (Textuals) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_GoodwillAndIntangibleAssetsTextualsAbstract_lbl" xml:lang="en-US"> Goodwill and Intangible Assets Textuals Abstract </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="us-gaap_StatementBusinessSegmentsAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementBusinessSegmentsAxis" xlink:to="lab_StatementBusinessSegmentsAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_StatementBusinessSegmentsAxis" xml:lang="en-US"> Statement, Business Segments [Axis] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_SegmentBusinessDomain" xlink:label="us-gaap_SegmentBusinessDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SegmentBusinessDomain" xlink:to="lab_SegmentBusinessDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_SegmentBusinessDomain" xml:lang="en-US"> Segment, Business [Domain] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AdditionsForNewSales" xlink:label="bac_AdditionsForNewSales"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AdditionsForNewSales" xlink:to="bac_AdditionsForNewSales_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AdditionsForNewSales_lbl" xml:lang="en-US"> Additions for new sales </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AdditionsForNewSales_lbl" 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. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AdditionsForNewSales_lbl" xml:lang="en-US"> Additions for new sales </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ChargeOffs" xlink:label="bac_ChargeOffs"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ChargeOffs" xlink:to="bac_ChargeOffs_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ChargeOffs_lbl" xml:lang="en-US"> Charge-offs </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ChargeOffs_lbl" 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. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ChargeOffs_lbl" xml:lang="en-US"> Charge-offs </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_OtherReceivablesTransferredToSecuritizationTrusts" xlink:label="bac_OtherReceivablesTransferredToSecuritizationTrusts"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_OtherReceivablesTransferredToSecuritizationTrusts" xlink:to="bac_OtherReceivablesTransferredToSecuritizationTrusts_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_OtherReceivablesTransferredToSecuritizationTrusts_lbl" xml:lang="en-US"> Other Receivables Transferred To Securitization Trusts </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_OtherReceivablesTransferredToSecuritizationTrusts_lbl" xml:lang="en-US"> Other receivables transferred to asset-backed securitization trusts </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_OtherReceivablesTransferredToSecuritizationTrusts_lbl" xml:lang="en-US"> The amount of other receivables the Corporation transferred to asset-backed securitization trusts. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NewTableTwoAbstract" xlink:label="bac_NewTableTwoAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NewTableTwoAbstract" xlink:to="bac_NewTableTwoAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NewTableTwoAbstract_lbl" xml:lang="en-US"> New Table Two [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NewTableTwoAbstract_lbl" xml:lang="en-US"> Liability for representations and warranties rollforward </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NewTableTwoAbstract_lbl" xml:lang="en-US"> New Table Two Abstract. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_OtherLiability" xlink:label="bac_OtherLiability"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_OtherLiability" xlink:to="bac_OtherLiability_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_OtherLiability_lbl" xml:lang="en-US"> Other Liability </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_OtherLiability_lbl" xml:lang="en-US"> Other </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_OtherLiability_lbl" xml:lang="en-US"> Other </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_OtherLiability_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DeterioratedLoansTransferredInAbstract" xlink:label="us-gaap_DeterioratedLoansTransferredInAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeterioratedLoansTransferredInAbstract" xlink:to="lab_DeterioratedLoansTransferredInAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DeterioratedLoansTransferredInAbstract" xml:lang="en-US"> Deteriorated Loans Transferred in [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DeterioratedLoansTransferredInAbstract" xml:lang="en-US"> Remaining unpaid principal balance and carrying amount, excluding the valuation reserve, for purchased credit-impaired loans [Abstract] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_RemainingUnpaidPrincipalBalanceAndCarryingAmountExcludingValuationReserveForPurchasedCreditImpairedLoansTextBlock" xlink:label="bac_RemainingUnpaidPrincipalBalanceAndCarryingAmountExcludingValuationReserveForPurchasedCreditImpairedLoansTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_RemainingUnpaidPrincipalBalanceAndCarryingAmountExcludingValuationReserveForPurchasedCreditImpairedLoansTextBlock" xlink:to="bac_RemainingUnpaidPrincipalBalanceAndCarryingAmountExcludingValuationReserveForPurchasedCreditImpairedLoansTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_RemainingUnpaidPrincipalBalanceAndCarryingAmountExcludingValuationReserveForPurchasedCreditImpairedLoansTextBlock_lbl" xml:lang="en-US"> Remaining unpaid principal balance and carrying amount excluding the valuation reserve for purchased credit impaired loans Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_RemainingUnpaidPrincipalBalanceAndCarryingAmountExcludingValuationReserveForPurchasedCreditImpairedLoansTextBlock_lbl" xml:lang="en-US"> Remaining unpaid principal balance and carrying amount, excluding the valuation reserve, for purchased credit impaired loans text block. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_RemainingUnpaidPrincipalBalanceAndCarryingAmountExcludingValuationReserveForPurchasedCreditImpairedLoansTextBlock_lbl" xml:lang="en-US"> Remaining unpaid principal balance and carrying amount, excluding the valuation reserve, for purchased credit-impaired loans </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SubsidiaryTwoConsumerPurchasedCreditImpairedLoansMember" xlink:label="bac_SubsidiaryTwoConsumerPurchasedCreditImpairedLoansMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SubsidiaryTwoConsumerPurchasedCreditImpairedLoansMember" xlink:to="bac_SubsidiaryTwoConsumerPurchasedCreditImpairedLoansMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SubsidiaryTwoConsumerPurchasedCreditImpairedLoansMember_lbl" xml:lang="en-US"> Countrywide Consumer Purchased Credit Impaired Loans [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SubsidiaryTwoConsumerPurchasedCreditImpairedLoansMember_lbl" xml:lang="en-US"> Subsidiary Two Consumer Purchased Credit Impaired Loans Member </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AntidilutiveWarrantsExcludedFromComputationOfEarningsPerShareAmount" xlink:label="bac_AntidilutiveWarrantsExcludedFromComputationOfEarningsPerShareAmount"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AntidilutiveWarrantsExcludedFromComputationOfEarningsPerShareAmount" xlink:to="bac_AntidilutiveWarrantsExcludedFromComputationOfEarningsPerShareAmount_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AntidilutiveWarrantsExcludedFromComputationOfEarningsPerShareAmount_lbl" xml:lang="en-US"> Antidilutive Warrants Excluded From Computation of Earnings Per Share, Amount </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AntidilutiveWarrantsExcludedFromComputationOfEarningsPerShareAmount_lbl" xml:lang="en-US"> Average warrants to purchase common stock </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AntidilutiveWarrantsExcludedFromComputationOfEarningsPerShareAmount_lbl" xml:lang="en-US"> Warrants (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CounterpartyAxis" xlink:label="bac_CounterpartyAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CounterpartyAxis" xlink:to="bac_CounterpartyAxis_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CounterpartyAxis_lbl" xml:lang="en-US"> Counterparty [Axis] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CounterpartyAxis_lbl" xml:lang="en-US"> Counterparty Axis. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CounterpartyDomain" xlink:label="bac_CounterpartyDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CounterpartyDomain" xlink:to="bac_CounterpartyDomain_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CounterpartyDomain_lbl" xml:lang="en-US"> Counterparty [Domain] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CounterpartyDomain_lbl" xml:lang="en-US"> Counterparty Domain. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_GseMember" xlink:label="bac_GseMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_GseMember" xlink:to="bac_GseMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_GseMember_lbl" xml:lang="en-US"> GSE's [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_GseMember_lbl" xml:lang="en-US"> GSE. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MonolineMember" xlink:label="bac_MonolineMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MonolineMember" xlink:to="bac_MonolineMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MonolineMember_lbl" xml:lang="en-US"> Monoline [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MonolineMember_lbl" xml:lang="en-US"> Monoline. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LoanProductTypesAxis" xlink:label="bac_LoanProductTypesAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LoanProductTypesAxis" xlink:to="bac_LoanProductTypesAxis_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LoanProductTypesAxis_lbl" xml:lang="en-US"> Loan Product Types [Axis] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LoanProductTypesAxis_lbl" xml:lang="en-US"> Loan Product Types Axis. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LoanProductTypesDomain" xlink:label="bac_LoanProductTypesDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LoanProductTypesDomain" xlink:to="bac_LoanProductTypesDomain_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LoanProductTypesDomain_lbl" xml:lang="en-US"> Loan Product Types [Domain] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LoanProductTypesDomain_lbl" xml:lang="en-US"> Loan Product Types Domain. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PrimeLoansMember" xlink:label="bac_PrimeLoansMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PrimeLoansMember" xlink:to="bac_PrimeLoansMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PrimeLoansMember_lbl" xml:lang="en-US"> Prime loans [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PrimeLoansMember_lbl" xml:lang="en-US"> Prime Loans. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AltMember" xlink:label="bac_AltMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AltMember" xlink:to="bac_AltMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AltMember_lbl" xml:lang="en-US"> Alt-A [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AltMember_lbl" xml:lang="en-US"> Alt-A. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PayOptionMember" xlink:label="bac_PayOptionMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PayOptionMember" xlink:to="bac_PayOptionMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PayOptionMember_lbl" xml:lang="en-US"> Pay option [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PayOptionMember_lbl" xml:lang="en-US"> Pay Option. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SubprimeMember" xlink:label="bac_SubprimeMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SubprimeMember" xlink:to="bac_SubprimeMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SubprimeMember_lbl" xml:lang="en-US"> Subprime [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SubprimeMember_lbl" xml:lang="en-US"> Subprime. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_OtherProductTypeMember" xlink:label="bac_OtherProductTypeMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_OtherProductTypeMember" xlink:to="bac_OtherProductTypeMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_OtherProductTypeMember_lbl" xml:lang="en-US"> Other Product Type [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_OtherProductTypeMember_lbl" xml:lang="en-US"> Other. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_HomeEquity" xlink:label="bac_HomeEquity"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_HomeEquity" xlink:to="bac_HomeEquity_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_HomeEquity_lbl" xml:lang="en-US"> Home equity </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_HomeEquity_lbl" xml:lang="en-US"> A home equity loan is a type of loan in which the borrower uses the equity in their home as collateral. These types of loans create a lien against the borrower's house, and reduces actual home equity. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="bac_HomeEquity_lbl" xml:lang="en-US"> Home equity </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_HomeEquity_lbl" xml:lang="en-US"> Performing TDRs on accrual status of Home equity loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="_lbl" xml:lang="en-US"> Securitizations And Other Variable Interest Entities Details [Abstract] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SecuritizationsAndOtherVariableInterestEntitiesDetailsAbstract" xlink:label="bac_SecuritizationsAndOtherVariableInterestEntitiesDetailsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SecuritizationsAndOtherVariableInterestEntitiesDetailsAbstract" xlink:to="bac_SecuritizationsAndOtherVariableInterestEntitiesDetailsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SecuritizationsAndOtherVariableInterestEntitiesDetailsAbstract_lbl" xml:lang="en-US"> Securitizations and Other Variable Interest Entities Details [Abstract] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NetIncreaseInCustomerAndOtherReceivables" xlink:label="bac_NetIncreaseInCustomerAndOtherReceivables"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NetIncreaseInCustomerAndOtherReceivables" xlink:to="bac_NetIncreaseInCustomerAndOtherReceivables_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NetIncreaseInCustomerAndOtherReceivables_lbl" xml:lang="en-US"> Net increase in customer and other receivables </label>
<label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="bac_NetIncreaseInCustomerAndOtherReceivables_lbl" xml:lang="en-US"> Net increase in customer and other receivables </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NetIncreaseInCustomerAndOtherReceivables_lbl" xml:lang="en-US"> Net increase in customer and other receivables. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_IncomeTaxExpenseAttributableToRealizedNetGainsOnSalesOnDebtSecurities" xlink:label="bac_IncomeTaxExpenseAttributableToRealizedNetGainsOnSalesOnDebtSecurities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_IncomeTaxExpenseAttributableToRealizedNetGainsOnSalesOnDebtSecurities" xlink:to="bac_IncomeTaxExpenseAttributableToRealizedNetGainsOnSalesOnDebtSecurities_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_IncomeTaxExpenseAttributableToRealizedNetGainsOnSalesOnDebtSecurities_lbl" xml:lang="en-US"> Income tax expense attributable to realized net gains on sales on debt securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_IncomeTaxExpenseAttributableToRealizedNetGainsOnSalesOnDebtSecurities_lbl" xml:lang="en-US"> Income tax expense attributable to realized net gains on sales on debt securities. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_IncomeTaxExpenseAttributableToRealizedNetGainsOnSalesOnDebtSecurities_lbl" xml:lang="en-US"> Income tax expense attributable to realized net gains on sales on debt securities </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DerivativeInstrumentsGainLossRecognizedInExpenseIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet" xlink:label="bac_DerivativeInstrumentsGainLossRecognizedInExpenseIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DerivativeInstrumentsGainLossRecognizedInExpenseIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet" xlink:to="bac_DerivativeInstrumentsGainLossRecognizedInExpenseIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DerivativeInstrumentsGainLossRecognizedInExpenseIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet_lbl" xml:lang="en-US"> Derivative Instruments Gain Loss Recognized In Expense Ineffective Portion And Amount Excluded From Effectiveness Testing Net </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_DerivativeInstrumentsGainLossRecognizedInExpenseIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet_lbl" xml:lang="en-US"> Hedge ineffectiveness recognized in interest expense </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DerivativeInstrumentsGainLossRecognizedInExpenseIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet_lbl" xml:lang="en-US"> Derivative Instruments Gain Loss Recognized In Expense Ineffective Portion And Amount Excluded From Effectiveness Testing Net. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AfterTaxUnrealisedGain" xlink:label="bac_AfterTaxUnrealisedGain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AfterTaxUnrealisedGain" xlink:to="bac_AfterTaxUnrealisedGain_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AfterTaxUnrealisedGain_lbl" xml:lang="en-US"> After tax unrealised Gain </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AfterTaxUnrealisedGain_lbl" xml:lang="en-US"> After tax unrealised Gain. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AfterTaxUnrealisedGain_lbl" xml:lang="en-US"> After tax unrealised gain </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_OutstandingClaimsByCategoryAndProductTextBlock" xlink:label="bac_OutstandingClaimsByCategoryAndProductTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_OutstandingClaimsByCategoryAndProductTextBlock" xlink:to="bac_OutstandingClaimsByCategoryAndProductTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_OutstandingClaimsByCategoryAndProductTextBlock_lbl" xml:lang="en-US"> Outstanding Claims by Category and Product Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_OutstandingClaimsByCategoryAndProductTextBlock_lbl" xml:lang="en-US"> Outstanding Claims by Category and Product. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_OutstandingClaimsByCategoryAndProductTextBlock_lbl" xml:lang="en-US"> Outstanding Claims by Category and Product </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_RollforwardOfLiabilityForRepresentationsAndWarrantiesTextBlock" xlink:label="bac_RollforwardOfLiabilityForRepresentationsAndWarrantiesTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_RollforwardOfLiabilityForRepresentationsAndWarrantiesTextBlock" xlink:to="bac_RollforwardOfLiabilityForRepresentationsAndWarrantiesTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_RollforwardOfLiabilityForRepresentationsAndWarrantiesTextBlock_lbl" xml:lang="en-US"> Rollforward of the liability for representations and warranties Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_RollforwardOfLiabilityForRepresentationsAndWarrantiesTextBlock_lbl" xml:lang="en-US"> Rollforward of the liability for representations and warranties. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_RollforwardOfLiabilityForRepresentationsAndWarrantiesTextBlock_lbl" xml:lang="en-US"> Rollforward of the liability for representations and warranties </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_EstimatedFairValueAsPercentOfCarryingAmount" xlink:label="bac_EstimatedFairValueAsPercentOfCarryingAmount"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_EstimatedFairValueAsPercentOfCarryingAmount" xlink:to="bac_EstimatedFairValueAsPercentOfCarryingAmount_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_EstimatedFairValueAsPercentOfCarryingAmount_lbl" xml:lang="en-US"> Estimated fair value as a percent of the carrying amount </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_EstimatedFairValueAsPercentOfCarryingAmount_lbl" xml:lang="en-US"> Estimated fair value as a percent of the carrying amount, Global Card Services </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_EstimatedFairValueAsPercentOfCarryingAmount_lbl" xml:lang="en-US"> Estimated fair value as a percent of the carrying amount. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_HeldBasisMember" xlink:label="bac_HeldBasisMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_HeldBasisMember" xlink:to="bac_HeldBasisMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_HeldBasisMember_lbl" xml:lang="en-US"> Held Basis [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_HeldBasisMember_lbl" xml:lang="en-US"> Held Basis Member </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_OtherThanTemporarilyImpairedAvailableforSaleDebtSecuritiesMember" xlink:label="bac_OtherThanTemporarilyImpairedAvailableforSaleDebtSecuritiesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_OtherThanTemporarilyImpairedAvailableforSaleDebtSecuritiesMember" xlink:to="bac_OtherThanTemporarilyImpairedAvailableforSaleDebtSecuritiesMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_OtherThanTemporarilyImpairedAvailableforSaleDebtSecuritiesMember_lbl" xml:lang="en-US"> Other Than Temporarily Impaired Available-for-Sale Debt Securities [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_OtherThanTemporarilyImpairedAvailableforSaleDebtSecuritiesMember_lbl" xml:lang="en-US"> Other Than Temporarily Impaired Available-for-Sale Debt Securities Member </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_InsuranceClaimsRecordedAsLiabilityDueToRegulatoryGuidance" xlink:label="bac_InsuranceClaimsRecordedAsLiabilityDueToRegulatoryGuidance"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_InsuranceClaimsRecordedAsLiabilityDueToRegulatoryGuidance" xlink:to="bac_InsuranceClaimsRecordedAsLiabilityDueToRegulatoryGuidance_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_InsuranceClaimsRecordedAsLiabilityDueToRegulatoryGuidance_lbl" xml:lang="en-US"> Insurance claims recorded as liability due to regulatory guidance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_InsuranceClaimsRecordedAsLiabilityDueToRegulatoryGuidance_lbl" xml:lang="en-US"> Insurance claims recorded as liability due to regulatory guidance </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CashPaymentsAndOther" xlink:label="bac_CashPaymentsAndOther"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CashPaymentsAndOther" xlink:to="bac_CashPaymentsAndOther_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CashPaymentsAndOther_lbl" xml:lang="en-US"> Cash Payments And Other </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_CashPaymentsAndOther_lbl" xml:lang="en-US"> Cash payments and other </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CashPaymentsAndOther_lbl" xml:lang="en-US"> Cash payments and other </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CashPaymentsAndOther_lbl" xml:lang="en-US"> Cash payments and other. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CashPaymentRelatedToExitCostReserve" xlink:label="bac_CashPaymentRelatedToExitCostReserve"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CashPaymentRelatedToExitCostReserve" xlink:to="bac_CashPaymentRelatedToExitCostReserve_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CashPaymentRelatedToExitCostReserve_lbl" xml:lang="en-US"> Cash Payment Related To Exit Cost Reserve </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CashPaymentRelatedToExitCostReserve_lbl" xml:lang="en-US"> Cash payments related to exit cost reserves previously established in purchase accounting which resulted in an increase to goodwill. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CashPaymentRelatedToExitCostReserve_lbl" xml:lang="en-US"> Cash Payment Related To Exit Cost Reserve </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CashPaymentRelatedToRestructuringReserve" xlink:label="bac_CashPaymentRelatedToRestructuringReserve"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CashPaymentRelatedToRestructuringReserve" xlink:to="bac_CashPaymentRelatedToRestructuringReserve_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CashPaymentRelatedToRestructuringReserve_lbl" xml:lang="en-US"> Cash Payment Related To Restructuring Reserve </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CashPaymentRelatedToRestructuringReserve_lbl" xml:lang="en-US"> Cash payments related to restructuring reserves previously established by a charge to merger and restructuring charges. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CashPaymentRelatedToRestructuringReserve_lbl" xml:lang="en-US"> Cash Payment Related To Restructuring Reserve </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ReclassificationFromOCIExcludeAmountsRelatedToDerivativeInterestAccrualsAndIncreasedInterestExpense" xlink:label="bac_ReclassificationFromOCIExcludeAmountsRelatedToDerivativeInterestAccrualsAndIncreasedInterestExpense"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ReclassificationFromOCIExcludeAmountsRelatedToDerivativeInterestAccrualsAndIncreasedInterestExpense" xlink:to="bac_ReclassificationFromOCIExcludeAmountsRelatedToDerivativeInterestAccrualsAndIncreasedInterestExpense_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ReclassificationFromOCIExcludeAmountsRelatedToDerivativeInterestAccrualsAndIncreasedInterestExpense_lbl" xml:lang="en-US"> Reclassification From O C I Exclude Amounts Related To Derivative Interest Accruals And Increased Interest Expense </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ReclassificationFromOCIExcludeAmountsRelatedToDerivativeInterestAccrualsAndIncreasedInterestExpense_lbl" xml:lang="en-US"> Reclassification from OCI exclude amounts related to derivative interest accruals and increased interest expense </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ReclassificationFromOCIExcludeAmountsRelatedToDerivativeInterestAccrualsAndIncreasedInterestExpense_lbl" xml:lang="en-US"> The amount related to derivative interest accruals excluded from amount reclassified from OCI and the impact on interest expense for the reporting period for cash flow hedges of interest rate risk on variable rate portfolios. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CreditValuationGainsLossesForCounterpartyCreditRiskRelatedToDerivativeAssets" xlink:label="bac_CreditValuationGainsLossesForCounterpartyCreditRiskRelatedToDerivativeAssets"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CreditValuationGainsLossesForCounterpartyCreditRiskRelatedToDerivativeAssets" xlink:to="bac_CreditValuationGainsLossesForCounterpartyCreditRiskRelatedToDerivativeAssets_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CreditValuationGainsLossesForCounterpartyCreditRiskRelatedToDerivativeAssets_lbl" xml:lang="en-US"> Credit Valuation Gains (Losses) For Counterparty Credit Risk Related To Derivative Assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CreditValuationGainsLossesForCounterpartyCreditRiskRelatedToDerivativeAssets_lbl" xml:lang="en-US"> Credit valuation gains (losses) for counterparty credit risk related to derivative assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CreditValuationGainsLossesForCounterpartyCreditRiskRelatedToDerivativeAssets_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CreditValuationGainsLossesWereRecognizedInTradingAccountProfitsLossesForChangesInCorporationOrItsSubsidiary" xlink:label="bac_CreditValuationGainsLossesWereRecognizedInTradingAccountProfitsLossesForChangesInCorporationOrItsSubsidiary"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CreditValuationGainsLossesWereRecognizedInTradingAccountProfitsLossesForChangesInCorporationOrItsSubsidiary" xlink:to="bac_CreditValuationGainsLossesWereRecognizedInTradingAccountProfitsLossesForChangesInCorporationOrItsSubsidiary_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CreditValuationGainsLossesWereRecognizedInTradingAccountProfitsLossesForChangesInCorporationOrItsSubsidiary_lbl" xml:lang="en-US"> Credit valuation Gains (Losses) were recognized in trading account profits (losses) For Changes in the corporation Or Its Subsidiary </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CreditValuationGainsLossesWereRecognizedInTradingAccountProfitsLossesForChangesInCorporationOrItsSubsidiary_lbl" xml:lang="en-US"> Credit valuation gains (losses) for counterparty credit risk related to derivative liabilities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CreditValuationGainsLossesWereRecognizedInTradingAccountProfitsLossesForChangesInCorporationOrItsSubsidiary_lbl" xml:lang="en-US"> The 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). </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_Total" xlink:label="bac_Total"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_Total" xlink:to="bac_Total_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_Total_lbl" xml:lang="en-US"> Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_Total_lbl" xml:lang="en-US"> Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_Total_lbl" xml:lang="en-US"> Total </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_GoodwillImpactOnHomeLoansAndInsuranceServicesCarryingValue" xlink:label="bac_GoodwillImpactOnHomeLoansAndInsuranceServicesCarryingValue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_GoodwillImpactOnHomeLoansAndInsuranceServicesCarryingValue" xlink:to="bac_GoodwillImpactOnHomeLoansAndInsuranceServicesCarryingValue_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_GoodwillImpactOnHomeLoansAndInsuranceServicesCarryingValue_lbl" xml:lang="en-US"> Goodwill Impact On Home Loans And Insurance Services Carrying Value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_GoodwillImpactOnHomeLoansAndInsuranceServicesCarryingValue_lbl" xml:lang="en-US"> Impact of Goodwill impairment, Home Loans and Insurance Services Goodwill </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_GoodwillImpactOnHomeLoansAndInsuranceServicesCarryingValue_lbl" xml:lang="en-US"> Home Loans and Insurance goodwill balance net of goodwill impairment as a result of the financial reform bill. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_Provision" xlink:label="bac_Provision"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_Provision" xlink:to="bac_Provision_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_Provision_lbl" xml:lang="en-US"> Provision </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_Provision_lbl" 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. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_Provision_lbl" xml:lang="en-US"> Provision </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TimeframeToProvideFinalResponseToRepurchaseRequest" xlink:label="bac_TimeframeToProvideFinalResponseToRepurchaseRequest"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TimeframeToProvideFinalResponseToRepurchaseRequest" xlink:to="bac_TimeframeToProvideFinalResponseToRepurchaseRequest_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TimeframeToProvideFinalResponseToRepurchaseRequest_lbl" xml:lang="en-US"> Timeframe to provide final response to repurchase request </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TimeframeToProvideFinalResponseToRepurchaseRequest_lbl" xml:lang="en-US"> This represent the timeframe that the Corporation Seeks to resolve the repurchase request related to claims dispute. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_TimeframeToProvideFinalResponseToRepurchaseRequest_lbl" xml:lang="en-US"> Timeframe to provide final response to repurchase request </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TimetableToReachSettlementOnceBreachOfRepresentationsAndWarrantiesIsConfirmed" xlink:label="bac_TimetableToReachSettlementOnceBreachOfRepresentationsAndWarrantiesIsConfirmed"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TimetableToReachSettlementOnceBreachOfRepresentationsAndWarrantiesIsConfirmed" xlink:to="bac_TimetableToReachSettlementOnceBreachOfRepresentationsAndWarrantiesIsConfirmed_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TimetableToReachSettlementOnceBreachOfRepresentationsAndWarrantiesIsConfirmed_lbl" xml:lang="en-US"> Timetable to reach a settlement once a breach of representations and warranties is confirmed </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TimetableToReachSettlementOnceBreachOfRepresentationsAndWarrantiesIsConfirmed_lbl" xml:lang="en-US"> This represents the timetable in days generally that it takes to reach a settlement where a breach of representations and warranties has been confirmed. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_TimetableToReachSettlementOnceBreachOfRepresentationsAndWarrantiesIsConfirmed_lbl" xml:lang="en-US"> Timetable to reach a settlement once a breach of representations and warranties is confirmed </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_UnpaidPrincipalBalanceOfLoansRelatedToUnresolvedRepurchaseRequestsPreviouslyReceivedFromMonolinesThatAreInProcessOfReviewedByCorporation" xlink:label="bac_UnpaidPrincipalBalanceOfLoansRelatedToUnresolvedRepurchaseRequestsPreviouslyReceivedFromMonolinesThatAreInProcessOfReviewedByCorporation"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_UnpaidPrincipalBalanceOfLoansRelatedToUnresolvedRepurchaseRequestsPreviouslyReceivedFromMonolinesThatAreInProcessOfReviewedByCorporation" xlink:to="bac_UnpaidPrincipalBalanceOfLoansRelatedToUnresolvedRepurchaseRequestsPreviouslyReceivedFromMonolinesThatAreInProcessOfReviewedByCorporation_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_UnpaidPrincipalBalanceOfLoansRelatedToUnresolvedRepurchaseRequestsPreviouslyReceivedFromMonolinesThatAreInProcessOfReviewedByCorporation_lbl" xml:lang="en-US"> Unpaid Principal Balance Of Loans Related To Unresolved Repurchase Requests Previously Received From Monolines That Are In Process Of Reviewed By Corporation </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_UnpaidPrincipalBalanceOfLoansRelatedToUnresolvedRepurchaseRequestsPreviouslyReceivedFromMonolinesThatAreInProcessOfReviewedByCorporation_lbl" xml:lang="en-US"> Unpaid principal balance of loans related to unresolved repurchase requests previously received from monolines that are in process of review by corporation </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_UnpaidPrincipalBalanceOfLoansRelatedToUnresolvedRepurchaseRequestsPreviouslyReceivedFromMonolinesThatAreInProcessOfReviewedByCorporation_lbl" xml:lang="en-US"> The unpaid principal balance of loan repurchase requests from monoline financial guarantors previously received and in process of review by the Corporation. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CorporationsMaximumExposureToLossFromSuperSeniorCDOExposure" xlink:label="bac_CorporationsMaximumExposureToLossFromSuperSeniorCDOExposure"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CorporationsMaximumExposureToLossFromSuperSeniorCDOExposure" xlink:to="bac_CorporationsMaximumExposureToLossFromSuperSeniorCDOExposure_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CorporationsMaximumExposureToLossFromSuperSeniorCDOExposure_lbl" xml:lang="en-US"> Corporations Maximum Exposure To Loss From Super Senior C D O Exposure </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CorporationsMaximumExposureToLossFromSuperSeniorCDOExposure_lbl" xml:lang="en-US"> Corporation's maximum exposure to loss from super senior CDO exposure </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CorporationsMaximumExposureToLossFromSuperSeniorCDOExposure_lbl" xml:lang="en-US"> This represents the Corporation's maximum loss exposure to super senior CDO exposures related to CDOs in which the Corporation also has some other form of involvement. This amount is calculated on a gross basis and does not reflect any benefit from purchased insurance. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CDOFinancingFacilitiesLongTermDebt" xlink:label="bac_CDOFinancingFacilitiesLongTermDebt"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CDOFinancingFacilitiesLongTermDebt" xlink:to="bac_CDOFinancingFacilitiesLongTermDebt_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CDOFinancingFacilitiesLongTermDebt_lbl" xml:lang="en-US"> C D O Financing Facilities Long Term Debt </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CDOFinancingFacilitiesLongTermDebt_lbl" xml:lang="en-US"> CDO financing facilities long term debt </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CDOFinancingFacilitiesLongTermDebt_lbl" xml:lang="en-US"> This represents the amount of long-term debt of the consolidated CDO financing facilities, all of which has recourse to the general credit of the Corporation. The CDO financing facilities obtain funding from third parties for CDO positions which are principally classified in trading account assets on the Corporation's balance sheet. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CorporationsMaximumExposureToLossFromCDOFinancingFacilities" xlink:label="bac_CorporationsMaximumExposureToLossFromCDOFinancingFacilities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CorporationsMaximumExposureToLossFromCDOFinancingFacilities" xlink:to="bac_CorporationsMaximumExposureToLossFromCDOFinancingFacilities_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CorporationsMaximumExposureToLossFromCDOFinancingFacilities_lbl" xml:lang="en-US"> Corporations Maximum Exposure To Loss From C D O Financing Facilities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CorporationsMaximumExposureToLossFromCDOFinancingFacilities_lbl" xml:lang="en-US"> Corporations maximum exposure to loss from CDO financing facilities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CorporationsMaximumExposureToLossFromCDOFinancingFacilities_lbl" xml:lang="en-US"> This represents the Corporation's maximum loss exposure to CDO financing facilities in which the Corporation also has some other form of involvement. This amount is calculated on a gross basis and does not reflect any benefit from purchased insurance. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CorporationsExposureToLossFromOtherSuperSeniorCDOExposureNetOfPurchasedInsurance" xlink:label="bac_CorporationsExposureToLossFromOtherSuperSeniorCDOExposureNetOfPurchasedInsurance"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CorporationsExposureToLossFromOtherSuperSeniorCDOExposureNetOfPurchasedInsurance" xlink:to="bac_CorporationsExposureToLossFromOtherSuperSeniorCDOExposureNetOfPurchasedInsurance_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CorporationsExposureToLossFromOtherSuperSeniorCDOExposureNetOfPurchasedInsurance_lbl" xml:lang="en-US"> Corporations Exposure To Loss From Other Super Senior C D O Exposure Net Of Purchased Insurance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CorporationsExposureToLossFromOtherSuperSeniorCDOExposureNetOfPurchasedInsurance_lbl" xml:lang="en-US"> Corporation's exposure to loss from super senior CDO exposure, net of purchased insurance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CorporationsExposureToLossFromOtherSuperSeniorCDOExposureNetOfPurchasedInsurance_lbl" xml:lang="en-US"> This represents the Corporation's net exposure to super senior CDO-related positions, net of purchased insurance but including securities retained from liquidations of CDO's. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CDOsConsolidatedByCorporation" xlink:label="bac_CDOsConsolidatedByCorporation"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CDOsConsolidatedByCorporation" xlink:to="bac_CDOsConsolidatedByCorporation_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CDOsConsolidatedByCorporation_lbl" xml:lang="en-US"> C D Os Consolidated By Corporation </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CDOsConsolidatedByCorporation_lbl" xml:lang="en-US"> CDOs consolidated by Corporation </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CDOsConsolidatedByCorporation_lbl" xml:lang="en-US"> This represents the amount of CDO's consolidated under new consolidation guidance on January 1, 2010. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NotionalAmountOfCorporationsAggregateLiquidityExposureToCDOs" xlink:label="bac_NotionalAmountOfCorporationsAggregateLiquidityExposureToCDOs"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NotionalAmountOfCorporationsAggregateLiquidityExposureToCDOs" xlink:to="bac_NotionalAmountOfCorporationsAggregateLiquidityExposureToCDOs_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NotionalAmountOfCorporationsAggregateLiquidityExposureToCDOs_lbl" xml:lang="en-US"> Notional Amount Of Corporations Aggregate Liquidity Exposure To C D Os </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NotionalAmountOfCorporationsAggregateLiquidityExposureToCDOs_lbl" xml:lang="en-US"> Notional amount of the Corporation's aggregate liquidity exposure to CDOs </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NotionalAmountOfCorporationsAggregateLiquidityExposureToCDOs_lbl" xml:lang="en-US"> This represents the notional amount of the Corporation's aggregate liquidity exposure to CDOs. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ManagedBasisMember" xlink:label="bac_ManagedBasisMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ManagedBasisMember" xlink:to="bac_ManagedBasisMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ManagedBasisMember_lbl" xml:lang="en-US"> Managed Basis [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ManagedBasisMember_lbl" xml:lang="en-US"> Managed basis. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SecuritizationImpactMember" xlink:label="bac_SecuritizationImpactMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SecuritizationImpactMember" xlink:to="bac_SecuritizationImpactMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SecuritizationImpactMember_lbl" xml:lang="en-US"> Securitization Impact [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SecuritizationImpactMember_lbl" xml:lang="en-US"> Securitization impact. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ReductionInAssetsDueToSaleOfBankOne" xlink:label="bac_ReductionInAssetsDueToSaleOfBankOne"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ReductionInAssetsDueToSaleOfBankOne" xlink:to="bac_ReductionInAssetsDueToSaleOfBankOne_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ReductionInAssetsDueToSaleOfBankOne_lbl" xml:lang="en-US"> Reduction In Assets Due To Sale Of Bank One </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ReductionInAssetsDueToSaleOfBankOne_lbl" xml:lang="en-US"> Reduction in assets due to sale of First Republic Bank </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ReductionInAssetsDueToSaleOfBankOne_lbl" xml:lang="en-US"> Reduction In Assets Due To Sale Of Bank One. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ReductionInLiabilitiesDueToSaleOfBankOne" xlink:label="bac_ReductionInLiabilitiesDueToSaleOfBankOne"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ReductionInLiabilitiesDueToSaleOfBankOne" xlink:to="bac_ReductionInLiabilitiesDueToSaleOfBankOne_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ReductionInLiabilitiesDueToSaleOfBankOne_lbl" xml:lang="en-US"> Reduction In Liabilities Due To Sale Of Bank One </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ReductionInLiabilitiesDueToSaleOfBankOne_lbl" xml:lang="en-US"> Reduction in liabilities due to sale of First Republic Bank </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ReductionInLiabilitiesDueToSaleOfBankOne_lbl" xml:lang="en-US"> Reduction In Liabilities Due To Sale Of Bank One. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TradingAccountAssetsAndLiabilitiesTextualsAbstract" xlink:label="bac_TradingAccountAssetsAndLiabilitiesTextualsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TradingAccountAssetsAndLiabilitiesTextualsAbstract" xlink:to="bac_TradingAccountAssetsAndLiabilitiesTextualsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TradingAccountAssetsAndLiabilitiesTextualsAbstract_lbl" xml:lang="en-US"> Trading Account Assets and Liabilities (Textuals) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TradingAccountAssetsAndLiabilitiesTextualsAbstract_lbl" xml:lang="en-US"> Trading Account Assets and Liabilities (Textuals) Abstract </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_PaymentsForRepurchaseOfPreferredStockAndPreferenceStock" xlink:label="us-gaap_PaymentsForRepurchaseOfPreferredStockAndPreferenceStock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsForRepurchaseOfPreferredStockAndPreferenceStock" xlink:to="lab_PaymentsForRepurchaseOfPreferredStockAndPreferenceStock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_PaymentsForRepurchaseOfPreferredStockAndPreferenceStock" xml:lang="en-US"> Payments for Repurchase of Preferred Stock and Preference Stock </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_PaymentsForRepurchaseOfPreferredStockAndPreferenceStock" xml:lang="en-US"> Repayment of preferred stock </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_InterestPaidNet" xlink:label="us-gaap_InterestPaidNet"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestPaidNet" xlink:to="lab_InterestPaidNet"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_InterestPaidNet" xml:lang="en-US"> Interest Paid, Net </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_InterestPaidNet" xml:lang="en-US"> Interest Paid, Net, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_InterestPaidNet" xml:lang="en-US"> Interest paid </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_IncomeTaxesPaidNet" xlink:label="us-gaap_IncomeTaxesPaidNet"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxesPaidNet" xlink:to="lab_IncomeTaxesPaidNet"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_IncomeTaxesPaidNet" xml:lang="en-US"> Income Taxes Paid, Net </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_IncomeTaxesPaidNet" xml:lang="en-US"> Income Taxes Paid, Net, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_IncomeTaxesPaidNet" xml:lang="en-US"> Income taxes paid </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_SupplementalCashFlowInformationAbstract" xlink:label="us-gaap_SupplementalCashFlowInformationAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SupplementalCashFlowInformationAbstract" xlink:to="lab_SupplementalCashFlowInformationAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_SupplementalCashFlowInformationAbstract" xml:lang="en-US"> Supplemental Cash Flow Information [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_SupplementalCashFlowInformationAbstract" xml:lang="en-US"> Supplemental cash flow disclosures </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SubsidiaryThreeMember" xlink:label="bac_SubsidiaryThreeMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SubsidiaryThreeMember" xlink:to="bac_SubsidiaryThreeMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SubsidiaryThreeMember_lbl" xml:lang="en-US"> Other Subsidiary [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SubsidiaryThreeMember_lbl" xml:lang="en-US"> Subsidiary Three Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ScheduleOfStatementOfNetAssetsAcquiredTable" xlink:label="bac_ScheduleOfStatementOfNetAssetsAcquiredTable"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ScheduleOfStatementOfNetAssetsAcquiredTable" xlink:to="bac_ScheduleOfStatementOfNetAssetsAcquiredTable_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ScheduleOfStatementOfNetAssetsAcquiredTable_lbl" xml:lang="en-US"> Schedule of Statement of Net Assets Acquired [Table] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ScheduleOfStatementOfNetAssetsAcquiredTable_lbl" xml:lang="en-US"> Statement of Net Assets Acquired. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_StatementOfNetAssetsAcquiredLineItems" xlink:label="bac_StatementOfNetAssetsAcquiredLineItems"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_StatementOfNetAssetsAcquiredLineItems" xlink:to="bac_StatementOfNetAssetsAcquiredLineItems_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_StatementOfNetAssetsAcquiredLineItems_lbl" xml:lang="en-US"> Statement of Net Assets Acquired [Line Items] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_StatementOfNetAssetsAcquiredLineItems_lbl" xml:lang="en-US"> Statement Of Net Assets Acquired Line Items </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_BusinessAcquisitionPurchasePriceAllocationLiabilitiesAssumed" xlink:label="us-gaap_BusinessAcquisitionPurchasePriceAllocationLiabilitiesAssumed"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_BusinessAcquisitionPurchasePriceAllocationLiabilitiesAssumed" xlink:to="lab_BusinessAcquisitionPurchasePriceAllocationLiabilitiesAssumed"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_BusinessAcquisitionPurchasePriceAllocationLiabilitiesAssumed" xml:lang="en-US"> Business Acquisition, Purchase Price Allocation, Liabilities Assumed </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_BusinessAcquisitionPurchasePriceAllocationLiabilitiesAssumed" xml:lang="en-US"> Total liabilities </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_BusinessAcquisitionPurchasePriceAllocationAssetsAcquired" xlink:label="us-gaap_BusinessAcquisitionPurchasePriceAllocationAssetsAcquired"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_BusinessAcquisitionPurchasePriceAllocationAssetsAcquired" xlink:to="lab_BusinessAcquisitionPurchasePriceAllocationAssetsAcquired"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_BusinessAcquisitionPurchasePriceAllocationAssetsAcquired" xml:lang="en-US"> Business Acquisition, Purchase Price Allocation, Assets Acquired </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_BusinessAcquisitionPurchasePriceAllocationAssetsAcquired" xml:lang="en-US"> Total assets </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NetAssetsAcquiredAxis" xlink:label="bac_NetAssetsAcquiredAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NetAssetsAcquiredAxis" xlink:to="bac_NetAssetsAcquiredAxis_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NetAssetsAcquiredAxis_lbl" xml:lang="en-US"> Net Assets Acquired [Axis] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NetAssetsAcquiredAxis_lbl" xml:lang="en-US"> Net Assets Acquired Axis. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NetAssetsAcquiredDomain" xlink:label="bac_NetAssetsAcquiredDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NetAssetsAcquiredDomain" xlink:to="bac_NetAssetsAcquiredDomain_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NetAssetsAcquiredDomain_lbl" xml:lang="en-US"> Net Assets Acquired [Domain] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NetAssetsAcquiredDomain_lbl" xml:lang="en-US"> Net Assets Acquired Domain. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_IntangibleAssetsMember" xlink:label="bac_IntangibleAssetsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_IntangibleAssetsMember" xlink:to="bac_IntangibleAssetsMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_IntangibleAssetsMember_lbl" xml:lang="en-US"> Intangible Assets [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_IntangibleAssetsMember_lbl" xml:lang="en-US"> Intangible Assets. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NetLiabilitiesAssumedAxis" xlink:label="bac_NetLiabilitiesAssumedAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NetLiabilitiesAssumedAxis" xlink:to="bac_NetLiabilitiesAssumedAxis_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NetLiabilitiesAssumedAxis_lbl" xml:lang="en-US"> Net Liabilities Assumed [Axis] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NetLiabilitiesAssumedAxis_lbl" xml:lang="en-US"> Net Liabilities Assumed. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NetLiabilitiesAssumedDomain" xlink:label="bac_NetLiabilitiesAssumedDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NetLiabilitiesAssumedDomain" xlink:to="bac_NetLiabilitiesAssumedDomain_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NetLiabilitiesAssumedDomain_lbl" xml:lang="en-US"> Net Liabilities Assumed [Domain] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NetLiabilitiesAssumedDomain_lbl" xml:lang="en-US"> Net Liabilities Assumed. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchaseMember" xlink:label="bac_FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchaseMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchaseMember" xlink:to="bac_FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchaseMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchaseMember_lbl" xml:lang="en-US"> Federal funds purchased and securities loaned or sold under agreements to repurchase [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchaseMember_lbl" xml:lang="en-US"> Federal funds purchased and securities loaned or sold under agreements to repurchase. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DerivativeFinancialInstrumentsLiabilitiesMember" xlink:label="us-gaap_DerivativeFinancialInstrumentsLiabilitiesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeFinancialInstrumentsLiabilitiesMember" xlink:to="lab_DerivativeFinancialInstrumentsLiabilitiesMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DerivativeFinancialInstrumentsLiabilitiesMember" xml:lang="en-US"> Derivative liabilities [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DepositsMember" xlink:label="us-gaap_DepositsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DepositsMember" xlink:to="lab_DepositsMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DepositsMember" xml:lang="en-US"> Deposits [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellMember" xlink:label="us-gaap_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellMember" xlink:to="lab_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellMember" xml:lang="en-US"> Federal Funds Sold and Securities Borrowed or Purchased under Agreements to Resell [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_SecuritiesInvestmentMember" xlink:label="us-gaap_SecuritiesInvestmentMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SecuritiesInvestmentMember" xlink:to="lab_SecuritiesInvestmentMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_SecuritiesInvestmentMember" xml:lang="en-US"> Securities Investment [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ScheduleOfRestructuringAndRelatedCostsTable" xlink:label="us-gaap_ScheduleOfRestructuringAndRelatedCostsTable"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfRestructuringAndRelatedCostsTable" xlink:to="lab_ScheduleOfRestructuringAndRelatedCostsTable"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ScheduleOfRestructuringAndRelatedCostsTable" xml:lang="en-US"> Schedule of Restructuring and Related Costs [Table] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_RestructuringAndRelatedCostLineItems" xlink:label="us-gaap_RestructuringAndRelatedCostLineItems"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RestructuringAndRelatedCostLineItems" xlink:to="lab_RestructuringAndRelatedCostLineItems"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_RestructuringAndRelatedCostLineItems" xml:lang="en-US"> Restructuring and Related Cost [Line Items] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_IncomeTaxExpenseBenefitAbstract" xlink:label="us-gaap_IncomeTaxExpenseBenefitAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxExpenseBenefitAbstract" xlink:to="lab_IncomeTaxExpenseBenefitAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_IncomeTaxExpenseBenefitAbstract" xml:lang="en-US"> Income Tax [Abstract] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_IncomeTaxDisclosureTextBlock" xlink:label="us-gaap_IncomeTaxDisclosureTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxDisclosureTextBlock" xlink:to="lab_IncomeTaxDisclosureTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_IncomeTaxDisclosureTextBlock" xml:lang="en-US"> Income Tax Disclosure [Text Block] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_IncomeTaxDisclosureTextBlock" xml:lang="en-US"> Income Taxes </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ShareBasedCompensationAbstract" xlink:label="us-gaap_ShareBasedCompensationAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationAbstract" xlink:to="lab_ShareBasedCompensationAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ShareBasedCompensationAbstract" xml:lang="en-US"> Stock Based Compensation Plans [ Abstract] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock" xlink:label="us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock" xlink:to="lab_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock" xml:lang="en-US"> Disclosure of Compensation Related Costs, Share-based Payments [Text Block] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock" xml:lang="en-US"> Stock Based Compensation Plans </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_PensionAndOtherPostretirementBenefitExpenseAbstract" xlink:label="us-gaap_PensionAndOtherPostretirementBenefitExpenseAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PensionAndOtherPostretirementBenefitExpenseAbstract" xlink:to="lab_PensionAndOtherPostretirementBenefitExpenseAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_PensionAndOtherPostretirementBenefitExpenseAbstract" xml:lang="en-US"> Employee Benefit Plans [Abstract] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_RegulatoryCapitalRequirementsAbstract" xlink:label="us-gaap_RegulatoryCapitalRequirementsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RegulatoryCapitalRequirementsAbstract" xlink:to="lab_RegulatoryCapitalRequirementsAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_RegulatoryCapitalRequirementsAbstract" xml:lang="en-US"> Regulatory Requirements and Restrictions [Abstract] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_RegulatoryCapitalRequirementsUnderBankingRegulationsTextBlock" xlink:label="us-gaap_RegulatoryCapitalRequirementsUnderBankingRegulationsTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RegulatoryCapitalRequirementsUnderBankingRegulationsTextBlock" xlink:to="lab_RegulatoryCapitalRequirementsUnderBankingRegulationsTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_RegulatoryCapitalRequirementsUnderBankingRegulationsTextBlock" xml:lang="en-US"> Regulatory Capital Requirements under Banking Regulations [Text Block] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_RegulatoryCapitalRequirementsUnderBankingRegulationsTextBlock" xml:lang="en-US"> Regulatory Requirements and Restrictions </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_EarningsPerShareTextBlock" xlink:label="us-gaap_EarningsPerShareTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EarningsPerShareTextBlock" xlink:to="lab_EarningsPerShareTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_EarningsPerShareTextBlock" xml:lang="en-US"> Earnings Per Share [Text Block] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_EarningsPerShareTextBlock" xml:lang="en-US"> Earnings Per Common Share </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ComprehensiveIncomeNoteAbstract" xlink:label="us-gaap_ComprehensiveIncomeNoteAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ComprehensiveIncomeNoteAbstract" xlink:to="lab_ComprehensiveIncomeNoteAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ComprehensiveIncomeNoteAbstract" xml:lang="en-US"> Accumulated Other Comprehensive Income [Abstract] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ComprehensiveIncomeNoteTextBlock" xlink:label="us-gaap_ComprehensiveIncomeNoteTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ComprehensiveIncomeNoteTextBlock" xlink:to="lab_ComprehensiveIncomeNoteTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ComprehensiveIncomeNoteTextBlock" xml:lang="en-US"> Comprehensive Income Note [Text Block] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ComprehensiveIncomeNoteTextBlock" xml:lang="en-US"> Accumulated Other Comprehensive Income </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ShortTermDebtTextBlock" xlink:label="us-gaap_ShortTermDebtTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShortTermDebtTextBlock" xlink:to="lab_ShortTermDebtTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ShortTermDebtTextBlock" xml:lang="en-US"> Short-term Debt [Text Block] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ShortTermDebtTextBlock" xml:lang="en-US"> Federal Funds Sold, Securities Borrowed or Purchased Under Agreements to Resell and Short-term Borrowings </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DepositLiabilitiesDisclosuresTextBlock" xlink:label="us-gaap_DepositLiabilitiesDisclosuresTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DepositLiabilitiesDisclosuresTextBlock" xlink:to="lab_DepositLiabilitiesDisclosuresTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DepositLiabilitiesDisclosuresTextBlock" xml:lang="en-US"> Deposit Liabilities Disclosures [Text Block] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DepositLiabilitiesDisclosuresTextBlock" xml:lang="en-US"> Deposits </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_StockholdersEquityNoteAbstract" xlink:label="us-gaap_StockholdersEquityNoteAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquityNoteAbstract" xlink:to="lab_StockholdersEquityNoteAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_StockholdersEquityNoteAbstract" xml:lang="en-US"> Shareholders' Equity [Abstract] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_StockholdersEquityNoteDisclosureTextBlock" xlink:label="us-gaap_StockholdersEquityNoteDisclosureTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquityNoteDisclosureTextBlock" xlink:to="lab_StockholdersEquityNoteDisclosureTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_StockholdersEquityNoteDisclosureTextBlock" xml:lang="en-US"> Stockholders' Equity Note Disclosure [Text Block] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_StockholdersEquityNoteDisclosureTextBlock" xml:lang="en-US"> Shareholders' Equity </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_RepresentationsAndWarrantiesObligationsAndCorporateGuaranteesAbstract" xlink:label="bac_RepresentationsAndWarrantiesObligationsAndCorporateGuaranteesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_RepresentationsAndWarrantiesObligationsAndCorporateGuaranteesAbstract" xlink:to="bac_RepresentationsAndWarrantiesObligationsAndCorporateGuaranteesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_RepresentationsAndWarrantiesObligationsAndCorporateGuaranteesAbstract_lbl" xml:lang="en-US"> Representations and Warranties Obligations and Corporate Guarantees [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_RepresentationsAndWarrantiesObligationsAndCorporateGuaranteesAbstract_lbl" xml:lang="en-US"> Representations and Warranties Obligations and Corporate Guarantees Abstract. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_RepresentationsAndWarrantiesObligationsAndCorporateGuaranteesTextBlock" xlink:label="bac_RepresentationsAndWarrantiesObligationsAndCorporateGuaranteesTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_RepresentationsAndWarrantiesObligationsAndCorporateGuaranteesTextBlock" xlink:to="bac_RepresentationsAndWarrantiesObligationsAndCorporateGuaranteesTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_RepresentationsAndWarrantiesObligationsAndCorporateGuaranteesTextBlock_lbl" xml:lang="en-US"> Representations and Warranties Obligations and Corporate Guarantees Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_RepresentationsAndWarrantiesObligationsAndCorporateGuaranteesTextBlock_lbl" xml:lang="en-US"> Representations and Warranties Obligations and Corporate Guarantees Text Block. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_RepresentationsAndWarrantiesObligationsAndCorporateGuaranteesTextBlock_lbl" xml:lang="en-US"> Representations and Warranties Obligations and Corporate Guarantees </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueOptionAbstract" xlink:label="bac_FairValueOptionAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueOptionAbstract" xlink:to="bac_FairValueOptionAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueOptionAbstract_lbl" xml:lang="en-US"> Fair Value Option [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueOptionAbstract_lbl" xml:lang="en-US"> Fair Value Option Abstract. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueOptionsTextBlock" xlink:label="bac_FairValueOptionsTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueOptionsTextBlock" xlink:to="bac_FairValueOptionsTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueOptionsTextBlock_lbl" xml:lang="en-US"> Fair Value Options Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FairValueOptionsTextBlock_lbl" xml:lang="en-US"> Fair Value Option </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueOptionsTextBlock_lbl" xml:lang="en-US"> Fair Value Options TextBlock. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ParentCompanyInformationAbstract" xlink:label="bac_ParentCompanyInformationAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ParentCompanyInformationAbstract" xlink:to="bac_ParentCompanyInformationAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ParentCompanyInformationAbstract_lbl" xml:lang="en-US"> Parent Company Information [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ParentCompanyInformationAbstract_lbl" xml:lang="en-US"> Parent Company Information Abstract. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureTextBlock" xlink:label="us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureTextBlock" xlink:to="lab_CondensedFinancialInformationOfParentCompanyOnlyDisclosureTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CondensedFinancialInformationOfParentCompanyOnlyDisclosureTextBlock" xml:lang="en-US"> Condensed Financial Information of Parent Company Only Disclosure [Text Block] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_CondensedFinancialInformationOfParentCompanyOnlyDisclosureTextBlock" xml:lang="en-US"> Parent Company Information </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PerformanceByGeographicAreaAbstract" xlink:label="bac_PerformanceByGeographicAreaAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PerformanceByGeographicAreaAbstract" xlink:to="bac_PerformanceByGeographicAreaAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PerformanceByGeographicAreaAbstract_lbl" xml:lang="en-US"> Performance By Geographic Area [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PerformanceByGeographicAreaAbstract_lbl" xml:lang="en-US"> Performance By Geographic Area Abstract. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PerformanceByGeographicAreaTextBlock" xlink:label="bac_PerformanceByGeographicAreaTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PerformanceByGeographicAreaTextBlock" xlink:to="bac_PerformanceByGeographicAreaTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PerformanceByGeographicAreaTextBlock_lbl" xml:lang="en-US"> Performance By Geographic Area Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PerformanceByGeographicAreaTextBlock_lbl" xml:lang="en-US"> Performance By Geographic Area. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PerformanceByGeographicAreaTextBlock_lbl" xml:lang="en-US"> Performance By Geographic Area </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DepositsAbstract" xlink:label="us-gaap_DepositsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DepositsAbstract" xlink:to="lab_DepositsAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DepositsAbstract" xml:lang="en-US"> Deposits [Abstract] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ShortTermBorrowingsAbstract" xlink:label="us-gaap_ShortTermBorrowingsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShortTermBorrowingsAbstract" xlink:to="lab_ShortTermBorrowingsAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ShortTermBorrowingsAbstract" xml:lang="en-US"> Federal Funds Sold, Securities Borrowed or Purchased Under Agreements to Resell and Short-term Borrowings [Abstract] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_EmployeeBenefitPlansTablesAbstract" xlink:label="bac_EmployeeBenefitPlansTablesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_EmployeeBenefitPlansTablesAbstract" xlink:to="bac_EmployeeBenefitPlansTablesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_EmployeeBenefitPlansTablesAbstract_lbl" xml:lang="en-US"> Employee Benefit Plans (Tables) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_EmployeeBenefitPlansTablesAbstract_lbl" xml:lang="en-US"> Employee Benefit Plans Tables Abstract. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_EarningsPerCommonShareTablesAbstract" xlink:label="bac_EarningsPerCommonShareTablesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_EarningsPerCommonShareTablesAbstract" xlink:to="bac_EarningsPerCommonShareTablesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_EarningsPerCommonShareTablesAbstract_lbl" xml:lang="en-US"> Earnings Per Common Share (Tables) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_EarningsPerCommonShareTablesAbstract_lbl" xml:lang="en-US"> Earnings Per Common Share Tables. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_StatementOfNetAssetsAcquiredTextBlock" xlink:label="bac_StatementOfNetAssetsAcquiredTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_StatementOfNetAssetsAcquiredTextBlock" xlink:to="bac_StatementOfNetAssetsAcquiredTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_StatementOfNetAssetsAcquiredTextBlock_lbl" xml:lang="en-US"> Statement of Net Assets Acquired Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_StatementOfNetAssetsAcquiredTextBlock_lbl" xml:lang="en-US"> Statement of Net Assets Acquired. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_StatementOfNetAssetsAcquiredTextBlock_lbl" xml:lang="en-US"> Statement of Net Assets Acquired </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DerivativeTable" xlink:label="us-gaap_DerivativeTable"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeTable" xlink:to="lab_DerivativeTable"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DerivativeTable" xml:lang="en-US"> Derivative [Table] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="us-gaap_DerivativeLineItems"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeLineItems" xlink:to="lab_DerivativeLineItems"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DerivativeLineItems" xml:lang="en-US"> Derivative [Line Items] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NonUSSecuritiesMember" xlink:label="bac_NonUSSecuritiesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NonUSSecuritiesMember" xlink:to="bac_NonUSSecuritiesMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NonUSSecuritiesMember_lbl" xml:lang="en-US"> Non US Securities [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NonUSSecuritiesMember_lbl" xml:lang="en-US"> Non US Securities. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ScheduleOfRestructuringReserveByTypeOfRestructuringTable" xlink:label="us-gaap_ScheduleOfRestructuringReserveByTypeOfRestructuringTable"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfRestructuringReserveByTypeOfRestructuringTable" xlink:to="lab_ScheduleOfRestructuringReserveByTypeOfRestructuringTable"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ScheduleOfRestructuringReserveByTypeOfRestructuringTable" xml:lang="en-US"> Schedule of Restructuring Reserve by Type of Restructuring [Table] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_RestructuringReserveLineItems" xlink:label="us-gaap_RestructuringReserveLineItems"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RestructuringReserveLineItems" xlink:to="lab_RestructuringReserveLineItems"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_RestructuringReserveLineItems" xml:lang="en-US"> Restructuring Reserve [Line Items] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PreviousAcquisitionMember" xlink:label="bac_PreviousAcquisitionMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PreviousAcquisitionMember" xlink:to="bac_PreviousAcquisitionMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PreviousAcquisitionMember_lbl" xml:lang="en-US"> Previous acquisition [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PreviousAcquisitionMember_lbl" xml:lang="en-US"> Previous acquisition Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PurchasedCreditImpairedMember" xlink:label="bac_PurchasedCreditImpairedMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PurchasedCreditImpairedMember" xlink:to="bac_PurchasedCreditImpairedMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PurchasedCreditImpairedMember_lbl" xml:lang="en-US"> Purchased Credit-Impaired [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PurchasedCreditImpairedMember_lbl" xml:lang="en-US"> Purchased Credit- Impaired. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_HomeLoansAbstract" xlink:label="bac_HomeLoansAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_HomeLoansAbstract" xlink:to="bac_HomeLoansAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_HomeLoansAbstract_lbl" xml:lang="en-US"> Home Loans [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_HomeLoansAbstract_lbl" xml:lang="en-US"> Home Loans Abstract. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_HomeLoansAbstract_lbl" xml:lang="en-US"> Home Loans </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CreditCardAndOtherConsumerAbstract" xlink:label="bac_CreditCardAndOtherConsumerAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CreditCardAndOtherConsumerAbstract" xlink:to="bac_CreditCardAndOtherConsumerAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CreditCardAndOtherConsumerAbstract_lbl" xml:lang="en-US"> Credit card And Other consumer Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CreditCardAndOtherConsumerAbstract_lbl" xml:lang="en-US"> Credit card & Other consumer </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CreditCardAndOtherConsumerAbstract_lbl" xml:lang="en-US"> Credit card And Other consumer Abstract </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PercentageOfOutstandings" xlink:label="bac_PercentageOfOutstandings"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PercentageOfOutstandings" xlink:to="bac_PercentageOfOutstandings_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PercentageOfOutstandings_lbl" xml:lang="en-US"> Percentage Of Outstandings </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PercentageOfOutstandings_lbl" xml:lang="en-US"> Percentage of outstandings </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PercentageOfOutstandings_lbl" xml:lang="en-US"> Percentage Of Outstandings. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NonperformingLoansAndLeasesAbstract" xlink:label="bac_NonperformingLoansAndLeasesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NonperformingLoansAndLeasesAbstract" xlink:to="bac_NonperformingLoansAndLeasesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NonperformingLoansAndLeasesAbstract_lbl" xml:lang="en-US"> Nonperforming Loans and Leases Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NonperformingLoansAndLeasesAbstract_lbl" xml:lang="en-US"> Nonperforming Loans and Leases. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NonperformingLoansAndLeasesAbstract_lbl" xml:lang="en-US"> Nonperforming Loans and Leases </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_HomeLoansMember" xlink:label="bac_HomeLoansMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_HomeLoansMember" xlink:to="bac_HomeLoansMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_HomeLoansMember_lbl" xml:lang="en-US"> Home Loans [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_HomeLoansMember_lbl" xml:lang="en-US"> Home Loans Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ImpairedLoansRelatedToCorporationHomeLoansAbstract" xlink:label="bac_ImpairedLoansRelatedToCorporationHomeLoansAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ImpairedLoansRelatedToCorporationHomeLoansAbstract" xlink:to="bac_ImpairedLoansRelatedToCorporationHomeLoansAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ImpairedLoansRelatedToCorporationHomeLoansAbstract_lbl" xml:lang="en-US"> Impaired Loans Related To Corporation Home Loans Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ImpairedLoansRelatedToCorporationHomeLoansAbstract_lbl" xml:lang="en-US"> Impaired loans related to the Corporation home loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ImpairedLoansRelatedToCorporationHomeLoansAbstract_lbl" xml:lang="en-US"> impaired loans related to the Corporations home loans. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ResidentialMortgageMember" xlink:label="us-gaap_ResidentialMortgageMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ResidentialMortgageMember" xlink:to="lab_ResidentialMortgageMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ResidentialMortgageMember" xml:lang="en-US"> Residential Mortgage [Member] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CreditQualityIndicatorsRelatedToCorporationsHomeLoansCreditCardAndOtherConsumerLoansAndCommercialLoansPortfoliosTextBlock" xlink:label="bac_CreditQualityIndicatorsRelatedToCorporationsHomeLoansCreditCardAndOtherConsumerLoansAndCommercialLoansPortfoliosTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CreditQualityIndicatorsRelatedToCorporationsHomeLoansCreditCardAndOtherConsumerLoansAndCommercialLoansPortfoliosTextBlock" xlink:to="bac_CreditQualityIndicatorsRelatedToCorporationsHomeLoansCreditCardAndOtherConsumerLoansAndCommercialLoansPortfoliosTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CreditQualityIndicatorsRelatedToCorporationsHomeLoansCreditCardAndOtherConsumerLoansAndCommercialLoansPortfoliosTextBlock_lbl" xml:lang="en-US"> Credit Quality Indicators Related To Corporations Home Loans Credit Card And Other Consumer Loans And Commercial Loans Portfolios Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CreditQualityIndicatorsRelatedToCorporationsHomeLoansCreditCardAndOtherConsumerLoansAndCommercialLoansPortfoliosTextBlock_lbl" xml:lang="en-US"> Credit quality indicators related to the Corporation's home loans, credit card and other consumer loans, and commercial loans portfolios </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CreditQualityIndicatorsRelatedToCorporationsHomeLoansCreditCardAndOtherConsumerLoansAndCommercialLoansPortfoliosTextBlock_lbl" xml:lang="en-US"> Credit quality indicators related to the Corporations home loans, credit card and other consumer loans, and commercial loans portfolios. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CreditQualityIndicatorsRelatedToCorporationsHomeLoansCreditCardAndOtherConsumerLoansAndCommercialLoansPortfoliosAbstract" xlink:label="bac_CreditQualityIndicatorsRelatedToCorporationsHomeLoansCreditCardAndOtherConsumerLoansAndCommercialLoansPortfoliosAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CreditQualityIndicatorsRelatedToCorporationsHomeLoansCreditCardAndOtherConsumerLoansAndCommercialLoansPortfoliosAbstract" xlink:to="bac_CreditQualityIndicatorsRelatedToCorporationsHomeLoansCreditCardAndOtherConsumerLoansAndCommercialLoansPortfoliosAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CreditQualityIndicatorsRelatedToCorporationsHomeLoansCreditCardAndOtherConsumerLoansAndCommercialLoansPortfoliosAbstract_lbl" xml:lang="en-US"> Credit Quality Indicators Related To Corporations Home Loans Credit Card And Other Consumer Loans And Commercial Loans Portfolios Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CreditQualityIndicatorsRelatedToCorporationsHomeLoansCreditCardAndOtherConsumerLoansAndCommercialLoansPortfoliosAbstract_lbl" xml:lang="en-US"> Credit quality indicators related to corporations home loans credit card and other consumer loans and commercial loans portfolios </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CreditQualityIndicatorsRelatedToCorporationsHomeLoansCreditCardAndOtherConsumerLoansAndCommercialLoansPortfoliosAbstract_lbl" xml:lang="en-US"> Credit quality indicators related to corporations home loans credit card and other consumer loans and commercial loans portfolios. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_RefreshedFicoScoreLessThanSixHundredTwentyMember" xlink:label="bac_RefreshedFicoScoreLessThanSixHundredTwentyMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_RefreshedFicoScoreLessThanSixHundredTwentyMember" xlink:to="bac_RefreshedFicoScoreLessThanSixHundredTwentyMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_RefreshedFicoScoreLessThanSixHundredTwentyMember_lbl" xml:lang="en-US"> Refreshed FICO score less than 620 [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_RefreshedFicoScoreLessThanSixHundredTwentyMember_lbl" xml:lang="en-US"> Refreshed FICO score less than 620. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_RefreshedFicoScoreGreaterThanOrEqualToSixHundredTwentyMember" xlink:label="bac_RefreshedFicoScoreGreaterThanOrEqualToSixHundredTwentyMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_RefreshedFicoScoreGreaterThanOrEqualToSixHundredTwentyMember" xlink:to="bac_RefreshedFicoScoreGreaterThanOrEqualToSixHundredTwentyMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_RefreshedFicoScoreGreaterThanOrEqualToSixHundredTwentyMember_lbl" xml:lang="en-US"> Refreshed FICO score greater than or equal to 620 [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_RefreshedFicoScoreGreaterThanOrEqualToSixHundredTwentyMember_lbl" xml:lang="en-US"> Refreshed FICO score greater than or equal to 620. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_RefreshedFicoScoreOtherInternalCreditMetricsMember" xlink:label="bac_RefreshedFicoScoreOtherInternalCreditMetricsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_RefreshedFicoScoreOtherInternalCreditMetricsMember" xlink:to="bac_RefreshedFicoScoreOtherInternalCreditMetricsMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_RefreshedFicoScoreOtherInternalCreditMetricsMember_lbl" xml:lang="en-US"> Refreshed FICO score other internal credit metrics [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_RefreshedFicoScoreOtherInternalCreditMetricsMember_lbl" xml:lang="en-US"> Refreshed FICO score other internal credit metrics. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_RiskRatingsPassMember" xlink:label="bac_RiskRatingsPassMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_RiskRatingsPassMember" xlink:to="bac_RiskRatingsPassMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_RiskRatingsPassMember_lbl" xml:lang="en-US"> Risk Ratings Pass [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_RiskRatingsPassMember_lbl" xml:lang="en-US"> Risk ratings pass. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_RiskRatingsCriticizedMember" xlink:label="bac_RiskRatingsCriticizedMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_RiskRatingsCriticizedMember" xlink:to="bac_RiskRatingsCriticizedMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_RiskRatingsCriticizedMember_lbl" xml:lang="en-US"> Risk Ratings Criticized [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_RiskRatingsCriticizedMember_lbl" xml:lang="en-US"> Risk ratings criticized. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ImpairedLoansRelatedToCorporationsHomeLoansTextBlock" xlink:label="bac_ImpairedLoansRelatedToCorporationsHomeLoansTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ImpairedLoansRelatedToCorporationsHomeLoansTextBlock" xlink:to="bac_ImpairedLoansRelatedToCorporationsHomeLoansTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ImpairedLoansRelatedToCorporationsHomeLoansTextBlock_lbl" xml:lang="en-US"> Impaired Loans Related To Corporations Home Loans Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ImpairedLoansRelatedToCorporationsHomeLoansTextBlock_lbl" xml:lang="en-US"> Impaired Loans - Home Loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ImpairedLoansRelatedToCorporationsHomeLoansTextBlock_lbl" xml:lang="en-US"> Impaired loans related to corporations home loans. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ImpairedLoansRelatedToCorporationsCreditCardAndOtherConsumerTextBlock" xlink:label="bac_ImpairedLoansRelatedToCorporationsCreditCardAndOtherConsumerTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ImpairedLoansRelatedToCorporationsCreditCardAndOtherConsumerTextBlock" xlink:to="bac_ImpairedLoansRelatedToCorporationsCreditCardAndOtherConsumerTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ImpairedLoansRelatedToCorporationsCreditCardAndOtherConsumerTextBlock_lbl" xml:lang="en-US"> Impaired Loans Related To Corporations Credit Card And Other Consumer Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ImpairedLoansRelatedToCorporationsCreditCardAndOtherConsumerTextBlock_lbl" xml:lang="en-US"> Impaired Loans - Credit Card & Other Consumer </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ImpairedLoansRelatedToCorporationsCreditCardAndOtherConsumerTextBlock_lbl" xml:lang="en-US"> Impaired loans related to corporations credit card & other consumer. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ImpairedLoansRelatedToCorporationsCreditCardOtherConsumerAbstract" xlink:label="bac_ImpairedLoansRelatedToCorporationsCreditCardOtherConsumerAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ImpairedLoansRelatedToCorporationsCreditCardOtherConsumerAbstract" xlink:to="bac_ImpairedLoansRelatedToCorporationsCreditCardOtherConsumerAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ImpairedLoansRelatedToCorporationsCreditCardOtherConsumerAbstract_lbl" xml:lang="en-US"> Impaired Loans Related To Corporations Credit Card & Other Consumer Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ImpairedLoansRelatedToCorporationsCreditCardOtherConsumerAbstract_lbl" xml:lang="en-US"> Impaired Loans - Credit Card & Other Consumer </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ImpairedLoansRelatedToCorporationsCreditCardOtherConsumerAbstract_lbl" xml:lang="en-US"> Impaired loans related to corporations credit card & other consumer. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CreditCardAndOtherConsumerMember" xlink:label="bac_CreditCardAndOtherConsumerMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CreditCardAndOtherConsumerMember" xlink:to="bac_CreditCardAndOtherConsumerMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CreditCardAndOtherConsumerMember_lbl" xml:lang="en-US"> Credit Card & Other Consumer [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CreditCardAndOtherConsumerMember_lbl" xml:lang="en-US"> Credit card & other consumer. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_UsCreditCardMember" xlink:label="bac_UsCreditCardMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_UsCreditCardMember" xlink:to="bac_UsCreditCardMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_UsCreditCardMember_lbl" xml:lang="en-US"> U.S. credit card [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_UsCreditCardMember_lbl" xml:lang="en-US"> U.S. credit card. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NonUsCreditCardMember" xlink:label="bac_NonUsCreditCardMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NonUsCreditCardMember" xlink:to="bac_NonUsCreditCardMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NonUsCreditCardMember_lbl" xml:lang="en-US"> Non-U.S. credit card [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NonUsCreditCardMember_lbl" xml:lang="en-US"> Non-U.S. credit card. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ImpairedLoansRelatedToCommercialAbstract" xlink:label="bac_ImpairedLoansRelatedToCommercialAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ImpairedLoansRelatedToCommercialAbstract" xlink:to="bac_ImpairedLoansRelatedToCommercialAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ImpairedLoansRelatedToCommercialAbstract_lbl" xml:lang="en-US"> Impaired Loans Related To Commercial Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ImpairedLoansRelatedToCommercialAbstract_lbl" xml:lang="en-US"> Impaired Loans - Commercial </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ImpairedLoansRelatedToCommercialAbstract_lbl" xml:lang="en-US"> Impaired loans related to commercial. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ImpairedLoansRelatedToCommercialTextBlock" xlink:label="bac_ImpairedLoansRelatedToCommercialTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ImpairedLoansRelatedToCommercialTextBlock" xlink:to="bac_ImpairedLoansRelatedToCommercialTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ImpairedLoansRelatedToCommercialTextBlock_lbl" xml:lang="en-US"> Impaired Loans Related To Commercial Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ImpairedLoansRelatedToCommercialTextBlock_lbl" xml:lang="en-US"> Impaired Loans - Commercial </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ImpairedLoansRelatedToCommercialTextBlock_lbl" xml:lang="en-US"> Impaired loans related to commercial. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_UsCommercialMember" xlink:label="bac_UsCommercialMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_UsCommercialMember" xlink:to="bac_UsCommercialMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_UsCommercialMember_lbl" xml:lang="en-US"> U.S. commercial [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_UsCommercialMember_lbl" xml:lang="en-US"> U.S. commercial. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NonUsCommercialMember" xlink:label="bac_NonUsCommercialMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NonUsCommercialMember" xlink:to="bac_NonUsCommercialMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NonUsCommercialMember_lbl" xml:lang="en-US"> Non-U.S. commercial [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NonUsCommercialMember_lbl" xml:lang="en-US"> Non-U.S. commercial. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_UsSmallBusinessMember" xlink:label="bac_UsSmallBusinessMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_UsSmallBusinessMember" xlink:to="bac_UsSmallBusinessMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_UsSmallBusinessMember_lbl" xml:lang="en-US"> U.S. small business commercial [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_UsSmallBusinessMember_lbl" xml:lang="en-US"> U.S. small business. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AllowanceAsPercentageOfOutstandingsLoansAndLeases" xlink:label="bac_AllowanceAsPercentageOfOutstandingsLoansAndLeases"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AllowanceAsPercentageOfOutstandingsLoansAndLeases" xlink:to="bac_AllowanceAsPercentageOfOutstandingsLoansAndLeases_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AllowanceAsPercentageOfOutstandingsLoansAndLeases_lbl" xml:lang="en-US"> Allowance As Percentage Of Outstandings Loans And Leases </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_AllowanceAsPercentageOfOutstandingsLoansAndLeases_lbl" xml:lang="en-US"> Allowance as a percentage of outstandings </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AllowanceAsPercentageOfOutstandingsLoansAndLeases_lbl" xml:lang="en-US"> Allowance as a percentage of outstandings loans and leases. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_LoansNotesTradeAndOtherReceivablesDisclosureTextBlock" xlink:label="us-gaap_LoansNotesTradeAndOtherReceivablesDisclosureTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LoansNotesTradeAndOtherReceivablesDisclosureTextBlock" xlink:to="lab_LoansNotesTradeAndOtherReceivablesDisclosureTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_LoansNotesTradeAndOtherReceivablesDisclosureTextBlock" xml:lang="en-US"> Loans, Notes, Trade and Other Receivables Disclosure [Text Block] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_LoansNotesTradeAndOtherReceivablesDisclosureTextBlock" xml:lang="en-US"> Carrying value of outstanding loans and leases </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_LoansAndLeasesReceivableNetReportedAmountAbstract" xlink:label="us-gaap_LoansAndLeasesReceivableNetReportedAmountAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LoansAndLeasesReceivableNetReportedAmountAbstract" xlink:to="lab_LoansAndLeasesReceivableNetReportedAmountAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_LoansAndLeasesReceivableNetReportedAmountAbstract" xml:lang="en-US"> Loans and Leases Receivable, Net Reported Amount [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_LoansAndLeasesReceivableNetReportedAmountAbstract" xml:lang="en-US"> Carrying value of outstanding loans and leases </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_IndividuallyEvaluatedForImpairmentMember" xlink:label="bac_IndividuallyEvaluatedForImpairmentMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_IndividuallyEvaluatedForImpairmentMember" xlink:to="bac_IndividuallyEvaluatedForImpairmentMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_IndividuallyEvaluatedForImpairmentMember_lbl" xml:lang="en-US"> Impaired loans and troubled debt restructurings [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_IndividuallyEvaluatedForImpairmentMember_lbl" xml:lang="en-US"> Individually evaluated for impairment. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CollectivelyEvaluatedForImpairmentMember" xlink:label="bac_CollectivelyEvaluatedForImpairmentMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CollectivelyEvaluatedForImpairmentMember" xlink:to="bac_CollectivelyEvaluatedForImpairmentMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CollectivelyEvaluatedForImpairmentMember_lbl" xml:lang="en-US"> Collectively evaluated for impairment [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CollectivelyEvaluatedForImpairmentMember_lbl" xml:lang="en-US"> Collectively evaluated for impairment. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PurchasedCreditImpairedLoansMember" xlink:label="bac_PurchasedCreditImpairedLoansMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PurchasedCreditImpairedLoansMember" xlink:to="bac_PurchasedCreditImpairedLoansMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PurchasedCreditImpairedLoansMember_lbl" xml:lang="en-US"> Purchased credit-impaired loans [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PurchasedCreditImpairedLoansMember_lbl" xml:lang="en-US"> Purchased credit-impaired loans. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_IncreaseAssociatedWithReclassificationToOtherAssetsExpectedToBeReimbursableUnderResidentialMortgageCashCollateralizedSyntheticSecuritizations" xlink:label="bac_IncreaseAssociatedWithReclassificationToOtherAssetsExpectedToBeReimbursableUnderResidentialMortgageCashCollateralizedSyntheticSecuritizations"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_IncreaseAssociatedWithReclassificationToOtherAssetsExpectedToBeReimbursableUnderResidentialMortgageCashCollateralizedSyntheticSecuritizations" xlink:to="bac_IncreaseAssociatedWithReclassificationToOtherAssetsExpectedToBeReimbursableUnderResidentialMortgageCashCollateralizedSyntheticSecuritizations_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_IncreaseAssociatedWithReclassificationToOtherAssetsExpectedToBeReimbursableUnderResidentialMortgageCashCollateralizedSyntheticSecuritizations_lbl" xml:lang="en-US"> Increase Associated With Reclassification To Other Assets Expected To Be Reimbursable Under Residential Mortgage Cash Collateralized Synthetic Securitizations </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_IncreaseAssociatedWithReclassificationToOtherAssetsExpectedToBeReimbursableUnderResidentialMortgageCashCollateralizedSyntheticSecuritizations_lbl" xml:lang="en-US"> Increase associated with reclassification to other assets expected to be reimbursable under residential mortgage cash collateralized synthetic securitizations. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_IncreaseAssociatedWithReclassificationToOtherAssetsExpectedToBeReimbursableUnderResidentialMortgageCashCollateralizedSyntheticSecuritizations_lbl" xml:lang="en-US"> Increase associated with reclassification to other assets expected to be reimbursable under residential mortgage cash collateralized synthetic securitizations </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CountrywideAllowanceForLoanLossesMember" xlink:label="bac_CountrywideAllowanceForLoanLossesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CountrywideAllowanceForLoanLossesMember" xlink:to="bac_CountrywideAllowanceForLoanLossesMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CountrywideAllowanceForLoanLossesMember_lbl" xml:lang="en-US"> Countrywide allowance for loan losses [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CountrywideAllowanceForLoanLossesMember_lbl" xml:lang="en-US"> Countrywide allowance for loan losses. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ValuationAllowancesAndReservesTypeAxis" xlink:label="us-gaap_ValuationAllowancesAndReservesTypeAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ValuationAllowancesAndReservesTypeAxis" xlink:to="lab_ValuationAllowancesAndReservesTypeAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ValuationAllowancesAndReservesTypeAxis" xml:lang="en-US"> Valuation Allowances and Reserves Type [Axis] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ValuationAllowancesAndReservesDomain" xlink:label="us-gaap_ValuationAllowancesAndReservesDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ValuationAllowancesAndReservesDomain" xlink:to="lab_ValuationAllowancesAndReservesDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ValuationAllowancesAndReservesDomain" xml:lang="en-US"> Valuation Allowances and Reserves [Domain] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_RepresentationsAndWarrantiesObligationsAndCorporateGuaranteesDetailsAbstract" xlink:label="bac_RepresentationsAndWarrantiesObligationsAndCorporateGuaranteesDetailsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_RepresentationsAndWarrantiesObligationsAndCorporateGuaranteesDetailsAbstract" xlink:to="bac_RepresentationsAndWarrantiesObligationsAndCorporateGuaranteesDetailsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_RepresentationsAndWarrantiesObligationsAndCorporateGuaranteesDetailsAbstract_lbl" xml:lang="en-US"> Representations and Warranties Obligations and Corporate Guarantees (Details) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_RepresentationsAndWarrantiesObligationsAndCorporateGuaranteesDetailsAbstract_lbl" xml:lang="en-US"> Representations and Warranties Obligations and Corporate Guarantees. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_RepresentationsAndWarrantiesObligationsAndCorporateGuaranteesTablesAbstract" xlink:label="bac_RepresentationsAndWarrantiesObligationsAndCorporateGuaranteesTablesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_RepresentationsAndWarrantiesObligationsAndCorporateGuaranteesTablesAbstract" xlink:to="bac_RepresentationsAndWarrantiesObligationsAndCorporateGuaranteesTablesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_RepresentationsAndWarrantiesObligationsAndCorporateGuaranteesTablesAbstract_lbl" xml:lang="en-US"> Representations and Warranties Obligations and Corporate Guarantees (Tables) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_RepresentationsAndWarrantiesObligationsAndCorporateGuaranteesTablesAbstract_lbl" xml:lang="en-US"> Representations and warranties obligations and corporate guarantees Tables. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ScheduleOfGuaranteeObligationsTable" xlink:label="us-gaap_ScheduleOfGuaranteeObligationsTable"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfGuaranteeObligationsTable" xlink:to="lab_ScheduleOfGuaranteeObligationsTable"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ScheduleOfGuaranteeObligationsTable" xml:lang="en-US"> Schedule of Guarantor Obligations [Table] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="us-gaap_GuaranteeObligationsLineItems"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GuaranteeObligationsLineItems" xlink:to="lab_GuaranteeObligationsLineItems"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_GuaranteeObligationsLineItems" xml:lang="en-US"> Guarantor Obligations [Line Items] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_WholeLoanSalePrivateLabelSecuritizationsAndOtherMember" xlink:label="bac_WholeLoanSalePrivateLabelSecuritizationsAndOtherMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_WholeLoanSalePrivateLabelSecuritizationsAndOtherMember" xlink:to="bac_WholeLoanSalePrivateLabelSecuritizationsAndOtherMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_WholeLoanSalePrivateLabelSecuritizationsAndOtherMember_lbl" xml:lang="en-US"> Whole loan sale, private-label securitizations and other [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_WholeLoanSalePrivateLabelSecuritizationsAndOtherMember_lbl" xml:lang="en-US"> The unpaid principal balance of loan repurchase requests from whole loans sales, private label securitizations and others previously received and unresolved. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LoanRepurchasesAndIndemnificationPaymentsTextBlock" xlink:label="bac_LoanRepurchasesAndIndemnificationPaymentsTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LoanRepurchasesAndIndemnificationPaymentsTextBlock" xlink:to="bac_LoanRepurchasesAndIndemnificationPaymentsTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LoanRepurchasesAndIndemnificationPaymentsTextBlock_lbl" xml:lang="en-US"> Loan Repurchases and Indemnification Payments Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LoanRepurchasesAndIndemnificationPaymentsTextBlock_lbl" xml:lang="en-US"> Loan Repurchases and Indemnification Payments. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_LoanRepurchasesAndIndemnificationPaymentsTextBlock_lbl" xml:lang="en-US"> Loan Repurchases and Indemnification Payments </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LoanRepurchasesAndIndemnificationPaymentsAbstract" xlink:label="bac_LoanRepurchasesAndIndemnificationPaymentsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LoanRepurchasesAndIndemnificationPaymentsAbstract" xlink:to="bac_LoanRepurchasesAndIndemnificationPaymentsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LoanRepurchasesAndIndemnificationPaymentsAbstract_lbl" xml:lang="en-US"> Loan Repurchases and Indemnification Payments Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LoanRepurchasesAndIndemnificationPaymentsAbstract_lbl" xml:lang="en-US"> Loan Repurchases and Indemnification Payments. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_LoanRepurchasesAndIndemnificationPaymentsAbstract_lbl" xml:lang="en-US"> Loan Repurchases and Indemnification Payments </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_RepresentationsAndWarrantiesObligationsAndCorporateGuaranteesTextualsAbstract" xlink:label="bac_RepresentationsAndWarrantiesObligationsAndCorporateGuaranteesTextualsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_RepresentationsAndWarrantiesObligationsAndCorporateGuaranteesTextualsAbstract" xlink:to="bac_RepresentationsAndWarrantiesObligationsAndCorporateGuaranteesTextualsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_RepresentationsAndWarrantiesObligationsAndCorporateGuaranteesTextualsAbstract_lbl" xml:lang="en-US"> Representations and Warranties Obligations and Corporate Guarantees Textuals Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_RepresentationsAndWarrantiesObligationsAndCorporateGuaranteesTextualsAbstract_lbl" xml:lang="en-US"> Representations and Warranties Obligations and Corporate Guarantees (Textuals) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_RepresentationsAndWarrantiesObligationsAndCorporateGuaranteesTextualsAbstract_lbl" xml:lang="en-US"> Representations and Warranties Obligations and Corporate Guarantees. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PercentageOfLoansUnderlyingOutstandingRepurchaseDemands" xlink:label="bac_PercentageOfLoansUnderlyingOutstandingRepurchaseDemands"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PercentageOfLoansUnderlyingOutstandingRepurchaseDemands" xlink:to="bac_PercentageOfLoansUnderlyingOutstandingRepurchaseDemands_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PercentageOfLoansUnderlyingOutstandingRepurchaseDemands_lbl" xml:lang="en-US"> Percentage of loans underlying outstanding repurchase demands </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PercentageOfLoansUnderlyingOutstandingRepurchaseDemands_lbl" 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. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PercentageOfLoansUnderlyingOutstandingRepurchaseDemands_lbl" xml:lang="en-US"> Percentage of loans underlying outstanding repurchase demands </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_UnpaidPrincipalBalanceOfLoansWithoutRepurchaseRequests" xlink:label="bac_UnpaidPrincipalBalanceOfLoansWithoutRepurchaseRequests"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_UnpaidPrincipalBalanceOfLoansWithoutRepurchaseRequests" xlink:to="bac_UnpaidPrincipalBalanceOfLoansWithoutRepurchaseRequests_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_UnpaidPrincipalBalanceOfLoansWithoutRepurchaseRequests_lbl" xml:lang="en-US"> Unpaid principal balance of loans without repurchase requests </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_UnpaidPrincipalBalanceOfLoansWithoutRepurchaseRequests_lbl" 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. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_UnpaidPrincipalBalanceOfLoansWithoutRepurchaseRequests_lbl" xml:lang="en-US"> Unpaid principal balance of loans without repurchase requests </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_GoodwillOfGlobalCardServices" xlink:label="bac_GoodwillOfGlobalCardServices"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_GoodwillOfGlobalCardServices" xlink:to="bac_GoodwillOfGlobalCardServices_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_GoodwillOfGlobalCardServices_lbl" xml:lang="en-US"> Goodwill Of Global Card Services </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_GoodwillOfGlobalCardServices_lbl" xml:lang="en-US"> Goodwill Of Global Card Services. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_GoodwillOfGlobalCardServices_lbl" xml:lang="en-US"> Goodwill </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AsAdjustedMember" xlink:label="bac_AsAdjustedMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AsAdjustedMember" xlink:to="bac_AsAdjustedMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AsAdjustedMember_lbl" xml:lang="en-US"> As Adjusted [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AsAdjustedMember_lbl" xml:lang="en-US"> As Adjusted Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NonperformingLoansAndLeasesConsumerResidentialMortgage" xlink:label="bac_NonperformingLoansAndLeasesConsumerResidentialMortgage"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NonperformingLoansAndLeasesConsumerResidentialMortgage" xlink:to="bac_NonperformingLoansAndLeasesConsumerResidentialMortgage_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NonperformingLoansAndLeasesConsumerResidentialMortgage_lbl" xml:lang="en-US"> Nonperforming Loans And Leases Consumer Residential Mortgage </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NonperformingLoansAndLeasesConsumerResidentialMortgage_lbl" xml:lang="en-US"> Residential mortgage </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NonperformingLoansAndLeasesConsumerResidentialMortgage_lbl" xml:lang="en-US"> Reflects the carrying amount of residential mortgage loans deemed to be questionable as to collection on which no interest is continuing to be recognized. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AccruingPastDueNinetyDaysOrMoreConsumerResidentialMortgage" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreConsumerResidentialMortgage"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AccruingPastDueNinetyDaysOrMoreConsumerResidentialMortgage" xlink:to="bac_AccruingPastDueNinetyDaysOrMoreConsumerResidentialMortgage_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreConsumerResidentialMortgage_lbl" xml:lang="en-US"> Accruing Past Due Ninety Days Or More Consumer Residential Mortgage </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreConsumerResidentialMortgage_lbl" xml:lang="en-US"> Residential mortgage </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreConsumerResidentialMortgage_lbl" xml:lang="en-US"> Financing receivables that are equal to or greater than 90 days past due for Consumer Residential Mortgage. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NonperformingLoansAndLeasesConsumerHomeEquity" xlink:label="bac_NonperformingLoansAndLeasesConsumerHomeEquity"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NonperformingLoansAndLeasesConsumerHomeEquity" xlink:to="bac_NonperformingLoansAndLeasesConsumerHomeEquity_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NonperformingLoansAndLeasesConsumerHomeEquity_lbl" xml:lang="en-US"> Nonperforming Loans And Leases Consumer Home Equity </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NonperformingLoansAndLeasesConsumerHomeEquity_lbl" xml:lang="en-US"> Reflects the carrying amount of home equity loans deemed to be questionable as to collection on which no interest is continuing to be recognized. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NonperformingLoansAndLeasesConsumerHomeEquity_lbl" xml:lang="en-US"> Home Equity </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AccruingPastDueNinetyDaysOrMoreConsumerHomeEquity" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreConsumerHomeEquity"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AccruingPastDueNinetyDaysOrMoreConsumerHomeEquity" xlink:to="bac_AccruingPastDueNinetyDaysOrMoreConsumerHomeEquity_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreConsumerHomeEquity_lbl" xml:lang="en-US"> Accruing Past Due Ninety Days Or More Consumer Home Equity </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreConsumerHomeEquity_lbl" xml:lang="en-US"> Home Equity </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreConsumerHomeEquity_lbl" xml:lang="en-US"> Financing receivables that are equal to or greater than 90 days past due for Consumer Home Equity. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NonperformingLoansAndLeasesConsumerDiscontinuedRealEstate" xlink:label="bac_NonperformingLoansAndLeasesConsumerDiscontinuedRealEstate"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NonperformingLoansAndLeasesConsumerDiscontinuedRealEstate" xlink:to="bac_NonperformingLoansAndLeasesConsumerDiscontinuedRealEstate_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NonperformingLoansAndLeasesConsumerDiscontinuedRealEstate_lbl" xml:lang="en-US"> Nonperforming Loans And Leases Consumer Discontinued Real Estate </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NonperformingLoansAndLeasesConsumerDiscontinuedRealEstate_lbl" xml:lang="en-US"> Discontinued real estate </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NonperformingLoansAndLeasesConsumerDiscontinuedRealEstate_lbl" xml:lang="en-US"> Reflects the carrying amount of discontinued real estate loans deemed to be questionable as to collection on which no interest is continuing to be recognized. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AccruingPastDueNinetyDaysOrMoreConsumerDiscontinuedRealEstate" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreConsumerDiscontinuedRealEstate"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AccruingPastDueNinetyDaysOrMoreConsumerDiscontinuedRealEstate" xlink:to="bac_AccruingPastDueNinetyDaysOrMoreConsumerDiscontinuedRealEstate_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreConsumerDiscontinuedRealEstate_lbl" xml:lang="en-US"> Accruing Past Due Ninety Days Or More Consumer Discontinued Real Estate </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreConsumerDiscontinuedRealEstate_lbl" xml:lang="en-US"> Discontinued real estate </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreConsumerDiscontinuedRealEstate_lbl" xml:lang="en-US"> Financing receivables that are equal to or greater than 90 days past due for Consumer Discontinued Real Estate. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NonperformingLoansAndLeasesConsumerDirectIndirectConsumer" xlink:label="bac_NonperformingLoansAndLeasesConsumerDirectIndirectConsumer"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NonperformingLoansAndLeasesConsumerDirectIndirectConsumer" xlink:to="bac_NonperformingLoansAndLeasesConsumerDirectIndirectConsumer_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NonperformingLoansAndLeasesConsumerDirectIndirectConsumer_lbl" xml:lang="en-US"> Nonperforming Loans And Leases Consumer Direct Indirect Consumer </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NonperformingLoansAndLeasesConsumerDirectIndirectConsumer_lbl" xml:lang="en-US"> Direct/Indirect consumer </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NonperformingLoansAndLeasesConsumerDirectIndirectConsumer_lbl" xml:lang="en-US"> Reflects the carrying amount of direct/indirect consumer loans deemed to be questionable as to collection on which no interest is continuing to be recognized. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AccruingPastDueNinetyDaysOrMoreConsumerDirectIndirectConsumer" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreConsumerDirectIndirectConsumer"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AccruingPastDueNinetyDaysOrMoreConsumerDirectIndirectConsumer" xlink:to="bac_AccruingPastDueNinetyDaysOrMoreConsumerDirectIndirectConsumer_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreConsumerDirectIndirectConsumer_lbl" xml:lang="en-US"> Accruing Past Due Ninety Days Or More Consumer Direct/Indirect consumer </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreConsumerDirectIndirectConsumer_lbl" xml:lang="en-US"> Direct/Indirect consumer </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreConsumerDirectIndirectConsumer_lbl" xml:lang="en-US"> Financing receivables that are equal to or greater than 90 days past due for Consumer Direct Indirect Consumer. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NonperformingLoansAndLeasesConsumerOtherConsumer" xlink:label="bac_NonperformingLoansAndLeasesConsumerOtherConsumer"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NonperformingLoansAndLeasesConsumerOtherConsumer" xlink:to="bac_NonperformingLoansAndLeasesConsumerOtherConsumer_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NonperformingLoansAndLeasesConsumerOtherConsumer_lbl" xml:lang="en-US"> Nonperforming Loans And Leases Consumer Other Consumer </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_NonperformingLoansAndLeasesConsumerOtherConsumer_lbl" xml:lang="en-US"> Other consumer </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NonperformingLoansAndLeasesConsumerOtherConsumer_lbl" xml:lang="en-US"> Reflects the carrying amount of other consumer loans deemed to be questionable as to collection on which no interest is continuing to be recognized. Other consumer loans include portfolios from certain consumer finance businesses that have previously been exited, as well as the non-U.S. consumer loan portfolio. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AccruingPastDueNinetyDaysOrMoreConsumerOtherConsumer" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreConsumerOtherConsumer"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AccruingPastDueNinetyDaysOrMoreConsumerOtherConsumer" xlink:to="bac_AccruingPastDueNinetyDaysOrMoreConsumerOtherConsumer_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreConsumerOtherConsumer_lbl" xml:lang="en-US"> Accruing Past Due Ninety Days Or More Consumer Other consumer </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreConsumerOtherConsumer_lbl" xml:lang="en-US"> Other consumer </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreConsumerOtherConsumer_lbl" xml:lang="en-US"> Financing receivables that are equal to or greater than 90 days past due for Consumer Other Consumer. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NonperformingLoansAndLeasesConsumerTotalConsumer" xlink:label="bac_NonperformingLoansAndLeasesConsumerTotalConsumer"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NonperformingLoansAndLeasesConsumerTotalConsumer" xlink:to="bac_NonperformingLoansAndLeasesConsumerTotalConsumer_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NonperformingLoansAndLeasesConsumerTotalConsumer_lbl" xml:lang="en-US"> Nonperforming Loans And Leases Consumer Total Consumer </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_NonperformingLoansAndLeasesConsumerTotalConsumer_lbl" xml:lang="en-US"> Total consumer </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NonperformingLoansAndLeasesConsumerTotalConsumer_lbl" xml:lang="en-US"> Reflects the carrying amount of total consumer loans deemed to be questionable as to collection on which no interest is continuing to be recognized. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AccruingPastDueNinetyDaysOrMoreConsumerTotalConsumer" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreConsumerTotalConsumer"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AccruingPastDueNinetyDaysOrMoreConsumerTotalConsumer" xlink:to="bac_AccruingPastDueNinetyDaysOrMoreConsumerTotalConsumer_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreConsumerTotalConsumer_lbl" xml:lang="en-US"> Accruing Past Due Ninety Days Or More Consumer Total consumer </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreConsumerTotalConsumer_lbl" xml:lang="en-US"> Total consumer </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreConsumerTotalConsumer_lbl" xml:lang="en-US"> Financing receivables that are equal to or greater than 90 days past due for Consumer Total Consumer. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NonperformingLoansAndLeasesCommercialRealEstate" xlink:label="bac_NonperformingLoansAndLeasesCommercialRealEstate"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NonperformingLoansAndLeasesCommercialRealEstate" xlink:to="bac_NonperformingLoansAndLeasesCommercialRealEstate_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NonperformingLoansAndLeasesCommercialRealEstate_lbl" xml:lang="en-US"> Nonperforming Loans And Leases Commercial Real Estate </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NonperformingLoansAndLeasesCommercialRealEstate_lbl" xml:lang="en-US"> Commercial real estate </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NonperformingLoansAndLeasesCommercialRealEstate_lbl" xml:lang="en-US"> Reflects the carrying amount of commercial real estate loans deemed to be questionable as to collection on which no interest is continuing to be recognized. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AccruingPastDueNinetyDaysOrMoreCommercialRealEstate" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreCommercialRealEstate"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AccruingPastDueNinetyDaysOrMoreCommercialRealEstate" xlink:to="bac_AccruingPastDueNinetyDaysOrMoreCommercialRealEstate_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreCommercialRealEstate_lbl" xml:lang="en-US"> Accruing Past Due Ninety Days Or More Consumer Commercial real estate </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreCommercialRealEstate_lbl" xml:lang="en-US"> Commercial real estate </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreCommercialRealEstate_lbl" xml:lang="en-US"> Financing receivables that are equal to or greater than 90 days past due for Commercial Real Estate. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NonperformingLoansAndLeasesCommercialLeaseFinancing" xlink:label="bac_NonperformingLoansAndLeasesCommercialLeaseFinancing"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NonperformingLoansAndLeasesCommercialLeaseFinancing" xlink:to="bac_NonperformingLoansAndLeasesCommercialLeaseFinancing_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NonperformingLoansAndLeasesCommercialLeaseFinancing_lbl" xml:lang="en-US"> Nonperforming Loans And Leases Commercial Lease Financing </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NonperformingLoansAndLeasesCommercialLeaseFinancing_lbl" xml:lang="en-US"> Commercial lease financing </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NonperformingLoansAndLeasesCommercialLeaseFinancing_lbl" xml:lang="en-US"> Reflects the carrying amount of commercial lease financing loans deemed to be questionable as to collection on which no interest is continuing to be recognized. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AccruingPastDueNinetyDaysOrMoreCommercialLeaseFinancing" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreCommercialLeaseFinancing"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AccruingPastDueNinetyDaysOrMoreCommercialLeaseFinancing" xlink:to="bac_AccruingPastDueNinetyDaysOrMoreCommercialLeaseFinancing_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreCommercialLeaseFinancing_lbl" xml:lang="en-US"> Accruing Past Due Ninety Days Or More Consumer Commercial lease financing </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreCommercialLeaseFinancing_lbl" xml:lang="en-US"> Commercial lease financing </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreCommercialLeaseFinancing_lbl" xml:lang="en-US"> Financing receivables that are equal to or greater than 90 days past due for Commercial Lease Financing. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NonperformingLoansAndLeasesCommercial" xlink:label="bac_NonperformingLoansAndLeasesCommercial"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NonperformingLoansAndLeasesCommercial" xlink:to="bac_NonperformingLoansAndLeasesCommercial_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NonperformingLoansAndLeasesCommercial_lbl" xml:lang="en-US"> Nonperforming Loans And Leases Commercial </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_NonperformingLoansAndLeasesCommercial_lbl" xml:lang="en-US"> Total commercial </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NonperformingLoansAndLeasesCommercial_lbl" xml:lang="en-US"> Reflects the carrying amount of total commercial loans deemed to be questionable as to collection on which no interest is continuing to be recognized. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AccruingPastDueNinetyDaysOrMoreCommercial" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreCommercial"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AccruingPastDueNinetyDaysOrMoreCommercial" xlink:to="bac_AccruingPastDueNinetyDaysOrMoreCommercial_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreCommercial_lbl" xml:lang="en-US"> Accruing Past Due Ninety Days Or More Consumer Total commercial </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreCommercial_lbl" xml:lang="en-US"> Total commercial </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreCommercial_lbl" xml:lang="en-US"> Financing receivables that are equal to or greater than 90 days past due for Commercial. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_LoansAndLeasesReceivableImpairedNonperformingNonaccrualOfInterest" xlink:label="us-gaap_LoansAndLeasesReceivableImpairedNonperformingNonaccrualOfInterest"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LoansAndLeasesReceivableImpairedNonperformingNonaccrualOfInterest" xlink:to="lab_LoansAndLeasesReceivableImpairedNonperformingNonaccrualOfInterest"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_LoansAndLeasesReceivableImpairedNonperformingNonaccrualOfInterest" xml:lang="en-US"> Loans and Leases Receivable, Impaired, Nonperforming, Nonaccrual of Interest </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_LoansAndLeasesReceivableImpairedNonperformingNonaccrualOfInterest" xml:lang="en-US"> Total consumer and commercial </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_LoansAndLeasesReceivableImpairedNonperformingOver90DaysAccrualOfInterest" xlink:label="us-gaap_LoansAndLeasesReceivableImpairedNonperformingOver90DaysAccrualOfInterest"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LoansAndLeasesReceivableImpairedNonperformingOver90DaysAccrualOfInterest" xlink:to="lab_LoansAndLeasesReceivableImpairedNonperformingOver90DaysAccrualOfInterest"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_LoansAndLeasesReceivableImpairedNonperformingOver90DaysAccrualOfInterest" xml:lang="en-US"> Loans and Leases Receivable, Impaired, Nonperforming, over 90 Days, Accrual of Interest </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_LoansAndLeasesReceivableImpairedNonperformingOver90DaysAccrualOfInterest" xml:lang="en-US"> Total consumer and commercial </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DecreaseInAllowanceForLoanAndLeaseLossesDueToTransferOfCreditCardLoans" xlink:label="bac_DecreaseInAllowanceForLoanAndLeaseLossesDueToTransferOfCreditCardLoans"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DecreaseInAllowanceForLoanAndLeaseLossesDueToTransferOfCreditCardLoans" xlink:to="bac_DecreaseInAllowanceForLoanAndLeaseLossesDueToTransferOfCreditCardLoans_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DecreaseInAllowanceForLoanAndLeaseLossesDueToTransferOfCreditCardLoans_lbl" xml:lang="en-US"> Decrease In Allowance For Loan And Lease Losses Due to Transfer of Credit Card Loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DecreaseInAllowanceForLoanAndLeaseLossesDueToTransferOfCreditCardLoans_lbl" xml:lang="en-US"> Decrease in allowance for loan and lease losses due to transfer of credit card loans. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_DecreaseInAllowanceForLoanAndLeaseLossesDueToTransferOfCreditCardLoans_lbl" xml:lang="en-US"> Decrease in allowance for loan and lease losses due to transfer of credit card loans </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CreditCardLoansExchangedForHeldToMaturityDebtSecurity" xlink:label="bac_CreditCardLoansExchangedForHeldToMaturityDebtSecurity"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CreditCardLoansExchangedForHeldToMaturityDebtSecurity" xlink:to="bac_CreditCardLoansExchangedForHeldToMaturityDebtSecurity_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CreditCardLoansExchangedForHeldToMaturityDebtSecurity_lbl" xml:lang="en-US"> Credit card loans exchanged for Held To Maturity debt security </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CreditCardLoansExchangedForHeldToMaturityDebtSecurity_lbl" xml:lang="en-US"> Credit card loans exchanged for Held To Maturity debt security. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CreditCardLoansExchangedForHeldToMaturityDebtSecurity_lbl" xml:lang="en-US"> Credit card loans exchanged for HTM debt security </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ReceivablesByBusinessSegmentOfEntityTypeAxis" xlink:label="us-gaap_ReceivablesByBusinessSegmentOfEntityTypeAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ReceivablesByBusinessSegmentOfEntityTypeAxis" xlink:to="lab_ReceivablesByBusinessSegmentOfEntityTypeAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ReceivablesByBusinessSegmentOfEntityTypeAxis" xml:lang="en-US"> Accounts, Notes, Loans and Financing Receivable by Business Segment of Entity, Type [Axis] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CreditQualityPortfolioAxis" xlink:label="bac_CreditQualityPortfolioAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CreditQualityPortfolioAxis" xlink:to="bac_CreditQualityPortfolioAxis_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CreditQualityPortfolioAxis_lbl" xml:lang="en-US"> Credit quality Portfolio [Axis] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CreditQualityPortfolioAxis_lbl" xml:lang="en-US"> Credit quality Portfolio Axis. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CreditQualityPortfolioDomain" xlink:label="bac_CreditQualityPortfolioDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CreditQualityPortfolioDomain" xlink:to="bac_CreditQualityPortfolioDomain_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CreditQualityPortfolioDomain_lbl" xml:lang="en-US"> Credit quality Portfolio [Domain] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CreditQualityPortfolioDomain_lbl" xml:lang="en-US"> Credit quality Portfolio Domain. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ResidentialMortgagePurchaseCreditImpairedLoansMember" xlink:label="bac_ResidentialMortgagePurchaseCreditImpairedLoansMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ResidentialMortgagePurchaseCreditImpairedLoansMember" xlink:to="bac_ResidentialMortgagePurchaseCreditImpairedLoansMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ResidentialMortgagePurchaseCreditImpairedLoansMember_lbl" xml:lang="en-US"> Residential Mortgage Purchase Credit Impaired Loans [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ResidentialMortgagePurchaseCreditImpairedLoansMember_lbl" xml:lang="en-US"> Residential Mortgage Purchase Credit Impaired Loans Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_HomeEquityPurchaseCreditImpairedLoansMember" xlink:label="bac_HomeEquityPurchaseCreditImpairedLoansMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_HomeEquityPurchaseCreditImpairedLoansMember" xlink:to="bac_HomeEquityPurchaseCreditImpairedLoansMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_HomeEquityPurchaseCreditImpairedLoansMember_lbl" xml:lang="en-US"> Home Equity Purchase Credit Impaired Loans [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_HomeEquityPurchaseCreditImpairedLoansMember_lbl" xml:lang="en-US"> Home Equity Purchase Credit Impaired Loans Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DiscontinuedRealEstateMember" xlink:label="bac_DiscontinuedRealEstateMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DiscontinuedRealEstateMember" xlink:to="bac_DiscontinuedRealEstateMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DiscontinuedRealEstateMember_lbl" xml:lang="en-US"> Discontinued Real Estate [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DiscontinuedRealEstateMember_lbl" xml:lang="en-US"> Discontinued Real Estate Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DiscontinuedRealEstatePurchaseCreditImpairedLoansMember" xlink:label="bac_DiscontinuedRealEstatePurchaseCreditImpairedLoansMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DiscontinuedRealEstatePurchaseCreditImpairedLoansMember" xlink:to="bac_DiscontinuedRealEstatePurchaseCreditImpairedLoansMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DiscontinuedRealEstatePurchaseCreditImpairedLoansMember_lbl" xml:lang="en-US"> Discontinued Real Estate Purchase Credit Impaired Loans [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DiscontinuedRealEstatePurchaseCreditImpairedLoansMember_lbl" xml:lang="en-US"> Discontinued Real Estate Purchase Credit Impaired Loans Member. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_LoansAndLeasesReceivableConsumerRealEstate" xlink:label="us-gaap_LoansAndLeasesReceivableConsumerRealEstate"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LoansAndLeasesReceivableConsumerRealEstate" xlink:to="lab_LoansAndLeasesReceivableConsumerRealEstate"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_LoansAndLeasesReceivableConsumerRealEstate" xml:lang="en-US"> Loans and Leases Receivable, Gross, Consumer, Real Estate </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_LoansAndLeasesReceivableConsumerRealEstate" xml:lang="en-US"> Total Home Loans </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ImpairedLoansUnpaidPrincipalBalance" xlink:label="bac_ImpairedLoansUnpaidPrincipalBalance"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ImpairedLoansUnpaidPrincipalBalance" xlink:to="bac_ImpairedLoansUnpaidPrincipalBalance_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ImpairedLoansUnpaidPrincipalBalance_lbl" xml:lang="en-US"> Impaired Loans Unpaid Principal Balance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ImpairedLoansUnpaidPrincipalBalance_lbl" xml:lang="en-US"> Unpaid Principal Balance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ImpairedLoansUnpaidPrincipalBalance_lbl" xml:lang="en-US"> Impaired Loans Unpaid Principal Balance. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_LoansAndLeasesReceivableImpairedAtCarryingValue" xlink:label="us-gaap_LoansAndLeasesReceivableImpairedAtCarryingValue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LoansAndLeasesReceivableImpairedAtCarryingValue" xlink:to="lab_LoansAndLeasesReceivableImpairedAtCarryingValue"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_LoansAndLeasesReceivableImpairedAtCarryingValue" xml:lang="en-US"> Loans and Leases Receivable, Impaired, at Carrying Value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_LoansAndLeasesReceivableImpairedAtCarryingValue" xml:lang="en-US"> Carrying Value </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_LoansAndLeasesReceivableImpairedAllowanceForLoanLosses" xlink:label="us-gaap_LoansAndLeasesReceivableImpairedAllowanceForLoanLosses"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LoansAndLeasesReceivableImpairedAllowanceForLoanLosses" xlink:to="lab_LoansAndLeasesReceivableImpairedAllowanceForLoanLosses"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_LoansAndLeasesReceivableImpairedAllowanceForLoanLosses" xml:lang="en-US"> Loans and Leases Receivable, Impaired, Allowance for Loan Losses </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_LoansAndLeasesReceivableImpairedAllowanceForLoanLosses" xml:lang="en-US"> Related Allowance </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NoRecordedAllowanceMember" xlink:label="bac_NoRecordedAllowanceMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NoRecordedAllowanceMember" xlink:to="bac_NoRecordedAllowanceMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NoRecordedAllowanceMember_lbl" xml:lang="en-US"> No recorded allowance [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NoRecordedAllowanceMember_lbl" xml:lang="en-US"> No recorded allowance Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_RecordedAllowanceMember" xlink:label="bac_RecordedAllowanceMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_RecordedAllowanceMember" xlink:to="bac_RecordedAllowanceMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_RecordedAllowanceMember_lbl" xml:lang="en-US"> Recorded allowance [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_RecordedAllowanceMember_lbl" xml:lang="en-US"> Recorded allowance Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DirectIndirectCreditCardConsumerMember" xlink:label="bac_DirectIndirectCreditCardConsumerMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DirectIndirectCreditCardConsumerMember" xlink:to="bac_DirectIndirectCreditCardConsumerMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DirectIndirectCreditCardConsumerMember_lbl" xml:lang="en-US"> Direct Indirect Credit Card Consumer [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DirectIndirectCreditCardConsumerMember_lbl" xml:lang="en-US"> Direct Indirect Credit Card Consumer Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NonPerformingCommercialRealEstateTdrLoans" xlink:label="bac_NonPerformingCommercialRealEstateTdrLoans"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NonPerformingCommercialRealEstateTdrLoans" xlink:to="bac_NonPerformingCommercialRealEstateTdrLoans_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NonPerformingCommercialRealEstateTdrLoans_lbl" xml:lang="en-US"> Non performing Commercial Real Estate Tdr Loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NonPerformingCommercialRealEstateTdrLoans_lbl" xml:lang="en-US"> Commercial real estate loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NonPerformingCommercialRealEstateTdrLoans_lbl" xml:lang="en-US"> Non performing Commercial Real Estate Tdr Loans. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LoansAndLeasesReceivablesImpairedAverageInvestment" xlink:label="bac_LoansAndLeasesReceivablesImpairedAverageInvestment"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LoansAndLeasesReceivablesImpairedAverageInvestment" xlink:to="bac_LoansAndLeasesReceivablesImpairedAverageInvestment_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LoansAndLeasesReceivablesImpairedAverageInvestment_lbl" xml:lang="en-US"> Loans And Leases Receivables Impaired Average Investment </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LoansAndLeasesReceivablesImpairedAverageInvestment_lbl" xml:lang="en-US"> Loans And Leases Receivables Impaired Average Investment. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_LoansAndLeasesReceivablesImpairedAverageInvestment_lbl" xml:lang="en-US"> Average Carrying Value </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LoansAndLeasesReceivablesImpairedInterestIncomeRecognized" xlink:label="bac_LoansAndLeasesReceivablesImpairedInterestIncomeRecognized"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LoansAndLeasesReceivablesImpairedInterestIncomeRecognized" xlink:to="bac_LoansAndLeasesReceivablesImpairedInterestIncomeRecognized_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LoansAndLeasesReceivablesImpairedInterestIncomeRecognized_lbl" xml:lang="en-US"> Loans And Leases Receivables Impaired Interest Income Recognized </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LoansAndLeasesReceivablesImpairedInterestIncomeRecognized_lbl" xml:lang="en-US"> Loans And Leases Receivables Impaired Interest Income Recognized. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_LoansAndLeasesReceivablesImpairedInterestIncomeRecognized_lbl" xml:lang="en-US"> Interest Income Recognized </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CommitmentsAndContingenciesAdditionalTextualsAbstract" xlink:label="bac_CommitmentsAndContingenciesAdditionalTextualsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CommitmentsAndContingenciesAdditionalTextualsAbstract" xlink:to="bac_CommitmentsAndContingenciesAdditionalTextualsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CommitmentsAndContingenciesAdditionalTextualsAbstract_lbl" xml:lang="en-US"> Commitments and Contingencies Additional Textuals Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CommitmentsAndContingenciesAdditionalTextualsAbstract_lbl" xml:lang="en-US"> Commitments and Contingencies Additional Textuals Abstract. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CommitmentsAndContingenciesAdditionalTextualsAbstract_lbl" xml:lang="en-US"> Commitments and Contingencies Additional (Textuals) [Abstract] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueOptionTablesAbstract" xlink:label="bac_FairValueOptionTablesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueOptionTablesAbstract" xlink:to="bac_FairValueOptionTablesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueOptionTablesAbstract_lbl" xml:lang="en-US"> Fair Value Option (Tables) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueOptionTablesAbstract_lbl" xml:lang="en-US"> Fair Value Option Tables Abstract. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueOptionDetailsAbstract" xlink:label="bac_FairValueOptionDetailsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueOptionDetailsAbstract" xlink:to="bac_FairValueOptionDetailsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueOptionDetailsAbstract_lbl" xml:lang="en-US"> Fair Value Option (Details) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueOptionDetailsAbstract_lbl" xml:lang="en-US"> Fair Value Option Details Abstract. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueOptionTextualsAbstract" xlink:label="bac_FairValueOptionTextualsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueOptionTextualsAbstract" xlink:to="bac_FairValueOptionTextualsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueOptionTextualsAbstract_lbl" xml:lang="en-US"> Fair Value Option Textuals Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueOptionTextualsAbstract_lbl" xml:lang="en-US"> Fair Value Option Textuals Abstract. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FairValueOptionTextualsAbstract_lbl" xml:lang="en-US"> Fair Value Option (Textuals) [Abstract] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_EmployeeBenefitPlansDetailsAbstract" xlink:label="bac_EmployeeBenefitPlansDetailsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_EmployeeBenefitPlansDetailsAbstract" xlink:to="bac_EmployeeBenefitPlansDetailsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_EmployeeBenefitPlansDetailsAbstract_lbl" xml:lang="en-US"> Employee Benefit Plans (Details) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_EmployeeBenefitPlansDetailsAbstract_lbl" xml:lang="en-US"> Employee Benefit Plans Details Abstract. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AccumulatedOtherComprehensiveIncomeTablesAbstract" xlink:label="bac_AccumulatedOtherComprehensiveIncomeTablesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AccumulatedOtherComprehensiveIncomeTablesAbstract" xlink:to="bac_AccumulatedOtherComprehensiveIncomeTablesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AccumulatedOtherComprehensiveIncomeTablesAbstract_lbl" xml:lang="en-US"> Accumulated Other Comprehensive Income (Tables) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AccumulatedOtherComprehensiveIncomeTablesAbstract_lbl" xml:lang="en-US"> Accumulated Other Comprehensive Income Tables Abstract. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AccumulatedOtherComprehensiveIncomeDetailsAbstract" xlink:label="bac_AccumulatedOtherComprehensiveIncomeDetailsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AccumulatedOtherComprehensiveIncomeDetailsAbstract" xlink:to="bac_AccumulatedOtherComprehensiveIncomeDetailsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AccumulatedOtherComprehensiveIncomeDetailsAbstract_lbl" xml:lang="en-US"> Accumulated Other Comprehensive Income (Details) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AccumulatedOtherComprehensiveIncomeDetailsAbstract_lbl" xml:lang="en-US"> Accumulated Other Comprehensive Income Details Abstract. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_EarningsPerCommonShareDetailsAbstract" xlink:label="bac_EarningsPerCommonShareDetailsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_EarningsPerCommonShareDetailsAbstract" xlink:to="bac_EarningsPerCommonShareDetailsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_EarningsPerCommonShareDetailsAbstract_lbl" xml:lang="en-US"> Earnings Per Common Share (Details) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_EarningsPerCommonShareDetailsAbstract_lbl" xml:lang="en-US"> Earnings Per Common Share Details Abstract. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ScheduleOfEarningsPerShareBasicByCommonClassTable" xlink:label="us-gaap_ScheduleOfEarningsPerShareBasicByCommonClassTable"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfEarningsPerShareBasicByCommonClassTable" xlink:to="lab_ScheduleOfEarningsPerShareBasicByCommonClassTable"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ScheduleOfEarningsPerShareBasicByCommonClassTable" xml:lang="en-US"> Schedule of Earnings Per Share, Basic, by Common Class [Table] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_EarningsPerShareBasicLineItems" xlink:label="us-gaap_EarningsPerShareBasicLineItems"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EarningsPerShareBasicLineItems" xlink:to="lab_EarningsPerShareBasicLineItems"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_EarningsPerShareBasicLineItems" xml:lang="en-US"> Earnings Per Share, Basic [Line Items] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_RefreshedLoanToValueLessThanNinetyPercentMember" xlink:label="bac_RefreshedLoanToValueLessThanNinetyPercentMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_RefreshedLoanToValueLessThanNinetyPercentMember" xlink:to="bac_RefreshedLoanToValueLessThanNinetyPercentMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_RefreshedLoanToValueLessThanNinetyPercentMember_lbl" xml:lang="en-US"> Refreshed Loan To Value Less Than Ninety Percent [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_RefreshedLoanToValueLessThanNinetyPercentMember_lbl" xml:lang="en-US"> Refreshed Loan To Value Less Than Ninety Percent Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_RefreshedLoanToValueGreaterThanNinetyPercentButLessThanHundredPercentMember" xlink:label="bac_RefreshedLoanToValueGreaterThanNinetyPercentButLessThanHundredPercentMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_RefreshedLoanToValueGreaterThanNinetyPercentButLessThanHundredPercentMember" xlink:to="bac_RefreshedLoanToValueGreaterThanNinetyPercentButLessThanHundredPercentMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_RefreshedLoanToValueGreaterThanNinetyPercentButLessThanHundredPercentMember_lbl" xml:lang="en-US"> Refreshed Loan To Value Greater Than Ninety Percent But Less Than Hundred Percent [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_RefreshedLoanToValueGreaterThanNinetyPercentButLessThanHundredPercentMember_lbl" xml:lang="en-US"> Refreshed Loan To Value Greater Than Ninety Percent But Less Than Hundred Percent Membe. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_RefreshedLoanToValueGreaterThanHundredPercentMember" xlink:label="bac_RefreshedLoanToValueGreaterThanHundredPercentMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_RefreshedLoanToValueGreaterThanHundredPercentMember" xlink:to="bac_RefreshedLoanToValueGreaterThanHundredPercentMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_RefreshedLoanToValueGreaterThanHundredPercentMember_lbl" xml:lang="en-US"> Refreshed Loan To Value Greater Than Hundred Percent [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_RefreshedLoanToValueGreaterThanHundredPercentMember_lbl" xml:lang="en-US"> Refreshed Loan To Value Greater Than Hundred Percent Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LiabilityForRepresentationsAndWarrantiesAndCorporateGuarantees" xlink:label="bac_LiabilityForRepresentationsAndWarrantiesAndCorporateGuarantees"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LiabilityForRepresentationsAndWarrantiesAndCorporateGuarantees" xlink:to="bac_LiabilityForRepresentationsAndWarrantiesAndCorporateGuarantees_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LiabilityForRepresentationsAndWarrantiesAndCorporateGuarantees_lbl" xml:lang="en-US"> Liability For Representations And Warranties And Corporate Guarantees </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="bac_LiabilityForRepresentationsAndWarrantiesAndCorporateGuarantees_lbl" xml:lang="en-US"> Liability for representations and warranties, and corporate guarantees, December 31 </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="bac_LiabilityForRepresentationsAndWarrantiesAndCorporateGuarantees_lbl" xml:lang="en-US"> Liability for representations and warranties, and corporate guarantees beginning of period </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_LiabilityForRepresentationsAndWarrantiesAndCorporateGuarantees_lbl" xml:lang="en-US"> Liability for representations and warranties, and corporate guarantees, beginning of year </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LiabilityForRepresentationsAndWarrantiesAndCorporateGuarantees_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SegmentClientSalesParameters" xlink:label="bac_SegmentClientSalesParameters"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SegmentClientSalesParameters" xlink:to="bac_SegmentClientSalesParameters_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SegmentClientSalesParameters_lbl" xml:lang="en-US"> Segment Client Sales Parameters </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SegmentClientSalesParameters_lbl" xml:lang="en-US"> Sales Parameters parameters which define a segments client base. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueOptionQuantitativeDisclosuresLineItems" xlink:label="us-gaap_FairValueOptionQuantitativeDisclosuresLineItems"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueOptionQuantitativeDisclosuresLineItems" xlink:to="us-gaap_FairValueOptionQuantitativeDisclosuresLineItems_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueOptionQuantitativeDisclosuresLineItems_lbl" xml:lang="en-US"> Fair Value, Option, Quantitative Disclosures [Line Items] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfAdverseChangeInAssumptionByTypeOfFinancialInstrumentAxis" xlink:label="us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfAdverseChangeInAssumptionByTypeOfFinancialInstrumentAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfAdverseChangeInAssumptionByTypeOfFinancialInstrumentAxis" xlink:to="us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfAdverseChangeInAssumptionByTypeOfFinancialInstrumentAxis_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfAdverseChangeInAssumptionByTypeOfFinancialInstrumentAxis_lbl" xml:lang="en-US"> Sensitivity Analysis of Fair Value of Interests Continued to be Held by Transferor, Servicing Assets or Liabilities, Impact of Adverse Change in Assumption by Type [Axis] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfAdverseChangeInAssumptionDomain" xlink:label="bac_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfAdverseChangeInAssumptionDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfAdverseChangeInAssumptionDomain" xlink:to="bac_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfAdverseChangeInAssumptionDomain_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfAdverseChangeInAssumptionDomain_lbl" xml:lang="en-US"> Sensitivity Analysis of Fair Value of Interests Continued to be Held by Transferor, Servicing Assets or Liabilities, Impact of Adverse Change in Assumption [Domain] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfAdverseChangeInAssumptionDomain_lbl" xml:lang="en-US"> Assets or Liabilities, Impact of Adverse Change in Assumption </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValueAcquisitionTwo" xlink:label="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValueAcquisitionTwo"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValueAcquisitionTwo" xlink:to="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValueAcquisitionTwo_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValueAcquisitionTwo_lbl" xml:lang="en-US"> Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value Acquisition Two </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValueAcquisitionTwo_lbl" xml:lang="en-US"> Countrywide Acquisition </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValueAcquisitionTwo_lbl" 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 Countrywide acquisition. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems" xlink:label="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems" xlink:to="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_lbl" xml:lang="en-US"> Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DisclosureFairValueMeasurementsDetailsAbstract" xlink:label="bac_DisclosureFairValueMeasurementsDetailsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DisclosureFairValueMeasurementsDetailsAbstract" xlink:to="bac_DisclosureFairValueMeasurementsDetailsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DisclosureFairValueMeasurementsDetailsAbstract_lbl" xml:lang="en-US"> Disclosure Fair Value Measurements (Details) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DisclosureFairValueMeasurementsDetailsAbstract_lbl" xml:lang="en-US"> Disclosure Fair Value Measurements Details Abstract </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LoanCommitmentsExpiresInOneYearOrLess" xlink:label="bac_LoanCommitmentsExpiresInOneYearOrLess"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LoanCommitmentsExpiresInOneYearOrLess" xlink:to="bac_LoanCommitmentsExpiresInOneYearOrLess_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LoanCommitmentsExpiresInOneYearOrLess_lbl" xml:lang="en-US"> Loan commitments, Expires in One Year or Less </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LoanCommitmentsExpiresInOneYearOrLess_lbl" xml:lang="en-US"> Loan commitments, Expires in One Year or Less </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LoanCommitmentsExpiresAfterOneYearThroughThreeYears" xlink:label="bac_LoanCommitmentsExpiresAfterOneYearThroughThreeYears"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LoanCommitmentsExpiresAfterOneYearThroughThreeYears" xlink:to="bac_LoanCommitmentsExpiresAfterOneYearThroughThreeYears_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LoanCommitmentsExpiresAfterOneYearThroughThreeYears_lbl" xml:lang="en-US"> Loan commitments, Expires After One Year Through Three Years </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LoanCommitmentsExpiresAfterOneYearThroughThreeYears_lbl" xml:lang="en-US"> Loan commitments, Expires After One Year Through Three Years </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LoanCommitmentsExpiresAfterThreeYearsThroughFiveYears" xlink:label="bac_LoanCommitmentsExpiresAfterThreeYearsThroughFiveYears"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LoanCommitmentsExpiresAfterThreeYearsThroughFiveYears" xlink:to="bac_LoanCommitmentsExpiresAfterThreeYearsThroughFiveYears_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LoanCommitmentsExpiresAfterThreeYearsThroughFiveYears_lbl" xml:lang="en-US"> Loan commitments, Expires After Three Years Through Five Years </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LoanCommitmentsExpiresAfterThreeYearsThroughFiveYears_lbl" xml:lang="en-US"> Loan commitments, Expires After Three Years Through Five Years </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LoanCommitmentsExpiresAfterFiveYears" xlink:label="bac_LoanCommitmentsExpiresAfterFiveYears"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LoanCommitmentsExpiresAfterFiveYears" xlink:to="bac_LoanCommitmentsExpiresAfterFiveYears_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LoanCommitmentsExpiresAfterFiveYears_lbl" xml:lang="en-US"> Loan commitments, Expires After Five Years </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LoanCommitmentsExpiresAfterFiveYears_lbl" xml:lang="en-US"> Loan commitments, Expires After Five Years </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_HomeEquityLinesOfCreditExpiresInOneYearOrLess" xlink:label="bac_HomeEquityLinesOfCreditExpiresInOneYearOrLess"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_HomeEquityLinesOfCreditExpiresInOneYearOrLess" xlink:to="bac_HomeEquityLinesOfCreditExpiresInOneYearOrLess_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_HomeEquityLinesOfCreditExpiresInOneYearOrLess_lbl" xml:lang="en-US"> Home equity lines of credit, expires in one year or less </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_HomeEquityLinesOfCreditExpiresInOneYearOrLess_lbl" xml:lang="en-US"> Home equity lines of credit, Expires in One Year or Less </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_HomeEquityLinesOfCreditExpiresAfterOneYearThroughThreeYears" xlink:label="bac_HomeEquityLinesOfCreditExpiresAfterOneYearThroughThreeYears"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_HomeEquityLinesOfCreditExpiresAfterOneYearThroughThreeYears" xlink:to="bac_HomeEquityLinesOfCreditExpiresAfterOneYearThroughThreeYears_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_HomeEquityLinesOfCreditExpiresAfterOneYearThroughThreeYears_lbl" xml:lang="en-US"> Home equity lines of credit, expires after one year through three years </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_HomeEquityLinesOfCreditExpiresAfterOneYearThroughThreeYears_lbl" xml:lang="en-US"> Home equity lines of credit, expires after one year through three years </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_HomeEquityLinesOfCreditExpiresAfterThreeYearsThroughFiveYears" xlink:label="bac_HomeEquityLinesOfCreditExpiresAfterThreeYearsThroughFiveYears"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_HomeEquityLinesOfCreditExpiresAfterThreeYearsThroughFiveYears" xlink:to="bac_HomeEquityLinesOfCreditExpiresAfterThreeYearsThroughFiveYears_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_HomeEquityLinesOfCreditExpiresAfterThreeYearsThroughFiveYears_lbl" xml:lang="en-US"> Home equity lines of credit, expires after three years through five years </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_HomeEquityLinesOfCreditExpiresAfterThreeYearsThroughFiveYears_lbl" xml:lang="en-US"> Home equity lines of credit, expires after three years through five years </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_HomeEquityLinesOfCreditExpiresAfterFiveYears" xlink:label="bac_HomeEquityLinesOfCreditExpiresAfterFiveYears"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_HomeEquityLinesOfCreditExpiresAfterFiveYears" xlink:to="bac_HomeEquityLinesOfCreditExpiresAfterFiveYears_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_HomeEquityLinesOfCreditExpiresAfterFiveYears_lbl" xml:lang="en-US"> Home equity lines of credit, expires after five years </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_HomeEquityLinesOfCreditExpiresAfterFiveYears_lbl" xml:lang="en-US"> Home equity lines of credit, expires after five years </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_StandbyLettersOfCreditAndFinancialGuaranteesExpiresAfterOneYearThroughThreeYears" xlink:label="bac_StandbyLettersOfCreditAndFinancialGuaranteesExpiresAfterOneYearThroughThreeYears"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_StandbyLettersOfCreditAndFinancialGuaranteesExpiresAfterOneYearThroughThreeYears" xlink:to="bac_StandbyLettersOfCreditAndFinancialGuaranteesExpiresAfterOneYearThroughThreeYears_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_StandbyLettersOfCreditAndFinancialGuaranteesExpiresAfterOneYearThroughThreeYears_lbl" xml:lang="en-US"> Standby letters of credit and financial guarantees, expires after one year through three years </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_StandbyLettersOfCreditAndFinancialGuaranteesExpiresAfterOneYearThroughThreeYears_lbl" xml:lang="en-US"> Standby letters of credit and financial guarantees, expires after one year through three years </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_StandbyLettersOfCreditAndFinancialGuaranteesExpiresInOneYearOrLess" xlink:label="bac_StandbyLettersOfCreditAndFinancialGuaranteesExpiresInOneYearOrLess"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_StandbyLettersOfCreditAndFinancialGuaranteesExpiresInOneYearOrLess" xlink:to="bac_StandbyLettersOfCreditAndFinancialGuaranteesExpiresInOneYearOrLess_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_StandbyLettersOfCreditAndFinancialGuaranteesExpiresInOneYearOrLess_lbl" xml:lang="en-US"> Standby letters of credit and financial guarantees, expires in one year or less </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_StandbyLettersOfCreditAndFinancialGuaranteesExpiresInOneYearOrLess_lbl" xml:lang="en-US"> Standby letters of credit and financial guarantees, expires in one year or less </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_StandbyLettersOfCreditAndFinancialGuaranteesExpiresAfterThreeYearsThroughFiveYears" xlink:label="bac_StandbyLettersOfCreditAndFinancialGuaranteesExpiresAfterThreeYearsThroughFiveYears"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_StandbyLettersOfCreditAndFinancialGuaranteesExpiresAfterThreeYearsThroughFiveYears" xlink:to="bac_StandbyLettersOfCreditAndFinancialGuaranteesExpiresAfterThreeYearsThroughFiveYears_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_StandbyLettersOfCreditAndFinancialGuaranteesExpiresAfterThreeYearsThroughFiveYears_lbl" xml:lang="en-US"> Standby letters of credit and financial guarantees, expires after three years through five years </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_StandbyLettersOfCreditAndFinancialGuaranteesExpiresAfterThreeYearsThroughFiveYears_lbl" xml:lang="en-US"> Standby letters of credit and financial guarantees, expires after three years through five years </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_StandbyLettersOfCreditAndFinancialGuaranteesExpiresAfterFiveYears" xlink:label="bac_StandbyLettersOfCreditAndFinancialGuaranteesExpiresAfterFiveYears"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_StandbyLettersOfCreditAndFinancialGuaranteesExpiresAfterFiveYears" xlink:to="bac_StandbyLettersOfCreditAndFinancialGuaranteesExpiresAfterFiveYears_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_StandbyLettersOfCreditAndFinancialGuaranteesExpiresAfterFiveYears_lbl" xml:lang="en-US"> Standby letters of credit and financial guarantees, expires after five years </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_StandbyLettersOfCreditAndFinancialGuaranteesExpiresAfterFiveYears_lbl" xml:lang="en-US"> Standby letters of credit and financial guarantees, expires after five years </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LegallyBindingCommitmentsExpiresInOneYearOrLess" xlink:label="bac_LegallyBindingCommitmentsExpiresInOneYearOrLess"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LegallyBindingCommitmentsExpiresInOneYearOrLess" xlink:to="bac_LegallyBindingCommitmentsExpiresInOneYearOrLess_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LegallyBindingCommitmentsExpiresInOneYearOrLess_lbl" xml:lang="en-US"> Legally binding commitments, expires in one year or less </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LegallyBindingCommitmentsExpiresInOneYearOrLess_lbl" xml:lang="en-US"> Legally binding commitments, expires in one year or less </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LegallyBindingCommitmentsExpiresAfterThreeYearsThroughFiveYears" xlink:label="bac_LegallyBindingCommitmentsExpiresAfterThreeYearsThroughFiveYears"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LegallyBindingCommitmentsExpiresAfterThreeYearsThroughFiveYears" xlink:to="bac_LegallyBindingCommitmentsExpiresAfterThreeYearsThroughFiveYears_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LegallyBindingCommitmentsExpiresAfterThreeYearsThroughFiveYears_lbl" xml:lang="en-US"> Legally binding commitments, expires after three years through five years </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LegallyBindingCommitmentsExpiresAfterThreeYearsThroughFiveYears_lbl" xml:lang="en-US"> Legally binding commitments, expires after three years through five years </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LegallyBindingCommitmentsExpiresAfterFiveYears" xlink:label="bac_LegallyBindingCommitmentsExpiresAfterFiveYears"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LegallyBindingCommitmentsExpiresAfterFiveYears" xlink:to="bac_LegallyBindingCommitmentsExpiresAfterFiveYears_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LegallyBindingCommitmentsExpiresAfterFiveYears_lbl" xml:lang="en-US"> Legally binding commitments, expires after five years </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LegallyBindingCommitmentsExpiresAfterFiveYears_lbl" xml:lang="en-US"> Legally binding commitments, expires after five years </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CreditCardLinesExpiresInOneYearOrLess" xlink:label="bac_CreditCardLinesExpiresInOneYearOrLess"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CreditCardLinesExpiresInOneYearOrLess" xlink:to="bac_CreditCardLinesExpiresInOneYearOrLess_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CreditCardLinesExpiresInOneYearOrLess_lbl" xml:lang="en-US"> Credit card lines, expires in one year or less </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CreditCardLinesExpiresInOneYearOrLess_lbl" xml:lang="en-US"> Credit card lines, expires in one year or less </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CreditCardLinesExpiresAfterOneYearThroughThreeYears" xlink:label="bac_CreditCardLinesExpiresAfterOneYearThroughThreeYears"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CreditCardLinesExpiresAfterOneYearThroughThreeYears" xlink:to="bac_CreditCardLinesExpiresAfterOneYearThroughThreeYears_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CreditCardLinesExpiresAfterOneYearThroughThreeYears_lbl" xml:lang="en-US"> Credit card lines, expires after one year through three years </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CreditCardLinesExpiresAfterOneYearThroughThreeYears_lbl" xml:lang="en-US"> Credit card lines, expires after one year through three years </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CreditCardLinesExpiresAfterThreeYearsThroughFiveYears" xlink:label="bac_CreditCardLinesExpiresAfterThreeYearsThroughFiveYears"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CreditCardLinesExpiresAfterThreeYearsThroughFiveYears" xlink:to="bac_CreditCardLinesExpiresAfterThreeYearsThroughFiveYears_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CreditCardLinesExpiresAfterThreeYearsThroughFiveYears_lbl" xml:lang="en-US"> Credit card lines, expires after three years through five years </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CreditCardLinesExpiresAfterThreeYearsThroughFiveYears_lbl" xml:lang="en-US"> Credit card lines, expires after three years through five years </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CreditCardLinesExpiresAfterFiveYears" xlink:label="bac_CreditCardLinesExpiresAfterFiveYears"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CreditCardLinesExpiresAfterFiveYears" xlink:to="bac_CreditCardLinesExpiresAfterFiveYears_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CreditCardLinesExpiresAfterFiveYears_lbl" xml:lang="en-US"> Credit card lines, expires after five years </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CreditCardLinesExpiresAfterFiveYears_lbl" xml:lang="en-US"> Credit card lines, expires after five years </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LegallyBindingCommitmentsExpiresAfterOneYearThroughThreeYears" xlink:label="bac_LegallyBindingCommitmentsExpiresAfterOneYearThroughThreeYears"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LegallyBindingCommitmentsExpiresAfterOneYearThroughThreeYears" xlink:to="bac_LegallyBindingCommitmentsExpiresAfterOneYearThroughThreeYears_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LegallyBindingCommitmentsExpiresAfterOneYearThroughThreeYears_lbl" xml:lang="en-US"> Legally binding commitments, expires after one year through three years </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LegallyBindingCommitmentsExpiresAfterOneYearThroughThreeYears_lbl" xml:lang="en-US"> Legally binding commitments, expires after one year through three years </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TotalCreditExtensionCommitmentsExpiresInOneYearOrLess" xlink:label="bac_TotalCreditExtensionCommitmentsExpiresInOneYearOrLess"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TotalCreditExtensionCommitmentsExpiresInOneYearOrLess" xlink:to="bac_TotalCreditExtensionCommitmentsExpiresInOneYearOrLess_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TotalCreditExtensionCommitmentsExpiresInOneYearOrLess_lbl" xml:lang="en-US"> Total credit extension commitments, expires in one year or less </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_TotalCreditExtensionCommitmentsExpiresInOneYearOrLess_lbl" xml:lang="en-US"> Total credit extension commitments, expires in one year or less </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TotalCreditExtensionCommitmentsExpiresInOneYearOrLess_lbl" xml:lang="en-US"> Total credit extension commitments, expires in one year or less </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TotalCreditExtensionCommitmentsExpiresAfterOneYearThroughThreeYears" xlink:label="bac_TotalCreditExtensionCommitmentsExpiresAfterOneYearThroughThreeYears"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TotalCreditExtensionCommitmentsExpiresAfterOneYearThroughThreeYears" xlink:to="bac_TotalCreditExtensionCommitmentsExpiresAfterOneYearThroughThreeYears_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TotalCreditExtensionCommitmentsExpiresAfterOneYearThroughThreeYears_lbl" xml:lang="en-US"> Total credit extension commitments, expires after one year through three years </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_TotalCreditExtensionCommitmentsExpiresAfterOneYearThroughThreeYears_lbl" xml:lang="en-US"> Total credit extension commitments, expires after one year through three years </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TotalCreditExtensionCommitmentsExpiresAfterOneYearThroughThreeYears_lbl" xml:lang="en-US"> Total credit extension commitments, expires after one year through three years </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TotalCreditExtensionCommitmentsExpiresAfterThreeYearsThroughFiveYears" xlink:label="bac_TotalCreditExtensionCommitmentsExpiresAfterThreeYearsThroughFiveYears"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TotalCreditExtensionCommitmentsExpiresAfterThreeYearsThroughFiveYears" xlink:to="bac_TotalCreditExtensionCommitmentsExpiresAfterThreeYearsThroughFiveYears_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TotalCreditExtensionCommitmentsExpiresAfterThreeYearsThroughFiveYears_lbl" xml:lang="en-US"> Total credit extension commitments, expires after three years through five years </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_TotalCreditExtensionCommitmentsExpiresAfterThreeYearsThroughFiveYears_lbl" xml:lang="en-US"> Total credit extension commitments, expires after three years through five years </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TotalCreditExtensionCommitmentsExpiresAfterThreeYearsThroughFiveYears_lbl" xml:lang="en-US"> Total credit extension commitments, expires after three years through five years </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TotalCreditExtensionCommitmentsExpiresAfterFiveYears" xlink:label="bac_TotalCreditExtensionCommitmentsExpiresAfterFiveYears"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TotalCreditExtensionCommitmentsExpiresAfterFiveYears" xlink:to="bac_TotalCreditExtensionCommitmentsExpiresAfterFiveYears_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TotalCreditExtensionCommitmentsExpiresAfterFiveYears_lbl" xml:lang="en-US"> Total credit extension commitments, expires after five years </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_TotalCreditExtensionCommitmentsExpiresAfterFiveYears_lbl" xml:lang="en-US"> Total credit extension commitments, expires after five years </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TotalCreditExtensionCommitmentsExpiresAfterFiveYears_lbl" xml:lang="en-US"> Total credit extension commitments, expires after five years </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PrinciplesOfConsolidationAndBasisOfPresentationPolicyTextBlock" xlink:label="bac_PrinciplesOfConsolidationAndBasisOfPresentationPolicyTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PrinciplesOfConsolidationAndBasisOfPresentationPolicyTextBlock" xlink:to="bac_PrinciplesOfConsolidationAndBasisOfPresentationPolicyTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PrinciplesOfConsolidationAndBasisOfPresentationPolicyTextBlock_lbl" xml:lang="en-US"> Principles Of Consolidation And Basis Of Presentation Policy Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PrinciplesOfConsolidationAndBasisOfPresentationPolicyTextBlock_lbl" xml:lang="en-US"> Principles of Consolidation and Basis of Presentation Policy </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PrinciplesOfConsolidationAndBasisOfPresentationPolicyTextBlock_lbl" xml:lang="en-US"> Describes the Corporation's Principles of Consolidation and Basis of Presentation policy. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ScheduleOfNewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock" xlink:label="us-gaap_ScheduleOfNewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfNewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock" xlink:to="lab_ScheduleOfNewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ScheduleOfNewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock" xml:lang="en-US"> Schedule of New Accounting Pronouncements and Changes in Accounting Principles [Text Block] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DepositsTablesAbstract" xlink:label="bac_DepositsTablesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DepositsTablesAbstract" xlink:to="bac_DepositsTablesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DepositsTablesAbstract_lbl" xml:lang="en-US"> Deposits (Tables) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DepositsTablesAbstract_lbl" xml:lang="en-US"> Deposits Tables Abstract. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DetailsOfTimeDepositsTextBlock" xlink:label="bac_DetailsOfTimeDepositsTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DetailsOfTimeDepositsTextBlock" xlink:to="bac_DetailsOfTimeDepositsTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DetailsOfTimeDepositsTextBlock_lbl" xml:lang="en-US"> Details Of Time Deposits Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_DetailsOfTimeDepositsTextBlock_lbl" xml:lang="en-US"> Time deposits of $100 thousand or more </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DetailsOfTimeDepositsTextBlock_lbl" xml:lang="en-US"> Details Of Time Deposits Text Block. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ScheduleOfMaturitiesForTotalTimeDepositsTextBlock" xlink:label="bac_ScheduleOfMaturitiesForTotalTimeDepositsTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ScheduleOfMaturitiesForTotalTimeDepositsTextBlock" xlink:to="bac_ScheduleOfMaturitiesForTotalTimeDepositsTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ScheduleOfMaturitiesForTotalTimeDepositsTextBlock_lbl" xml:lang="en-US"> Schedule of maturities for total time deposits Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ScheduleOfMaturitiesForTotalTimeDepositsTextBlock_lbl" xml:lang="en-US"> The schedule of maturities for total time deposits. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ScheduleOfMaturitiesForTotalTimeDepositsTextBlock_lbl" xml:lang="en-US"> Schedule of maturities for total time deposits </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DepositsDetailsAbstract" xlink:label="bac_DepositsDetailsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DepositsDetailsAbstract" xlink:to="bac_DepositsDetailsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DepositsDetailsAbstract_lbl" xml:lang="en-US"> Deposits (Details) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DepositsDetailsAbstract_lbl" xml:lang="en-US"> Deposits Details Abstract. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DepositsAxis" xlink:label="bac_DepositsAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DepositsAxis" xlink:to="bac_DepositsAxis_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DepositsAxis_lbl" xml:lang="en-US"> Deposits [Axis] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DepositsAxis_lbl" xml:lang="en-US"> Deposits Axis. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DepositsDomain" xlink:label="bac_DepositsDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DepositsDomain" xlink:to="bac_DepositsDomain_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DepositsDomain_lbl" xml:lang="en-US"> Deposits [Domain] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DepositsDomain_lbl" xml:lang="en-US"> Deposits Domain. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ThreeMonthsOrLessMember" xlink:label="bac_ThreeMonthsOrLessMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ThreeMonthsOrLessMember" xlink:to="bac_ThreeMonthsOrLessMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ThreeMonthsOrLessMember_lbl" xml:lang="en-US"> Three months or less [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ThreeMonthsOrLessMember_lbl" xml:lang="en-US"> Three months or less Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_OverThreeMonthsToTwelveMonthsMember" xlink:label="bac_OverThreeMonthsToTwelveMonthsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_OverThreeMonthsToTwelveMonthsMember" xlink:to="bac_OverThreeMonthsToTwelveMonthsMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_OverThreeMonthsToTwelveMonthsMember_lbl" xml:lang="en-US"> Over three months to twelve months [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_OverThreeMonthsToTwelveMonthsMember_lbl" xml:lang="en-US"> Over three months to twelve months Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ThereAfterMember" xlink:label="bac_ThereAfterMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ThereAfterMember" xlink:to="bac_ThereAfterMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ThereAfterMember_lbl" xml:lang="en-US"> Thereafter [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ThereAfterMember_lbl" xml:lang="en-US"> There after Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DepositsLineItems" xlink:label="bac_DepositsLineItems"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DepositsLineItems" xlink:to="bac_DepositsLineItems_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DepositsLineItems_lbl" xml:lang="en-US"> Deposits [Line Items] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DepositsLineItems_lbl" xml:lang="en-US"> Deposits Line Items. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ContractualMaturitiesOfTimeDeposits100000OrMoreDisclosuresAbstract" xlink:label="us-gaap_ContractualMaturitiesOfTimeDeposits100000OrMoreDisclosuresAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ContractualMaturitiesOfTimeDeposits100000OrMoreDisclosuresAbstract" xlink:to="lab_ContractualMaturitiesOfTimeDeposits100000OrMoreDisclosuresAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ContractualMaturitiesOfTimeDeposits100000OrMoreDisclosuresAbstract" xml:lang="en-US"> Contractual Maturities of Time Deposits, $100,000 or More, Disclosures [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ContractualMaturitiesOfTimeDeposits100000OrMoreDisclosuresAbstract" xml:lang="en-US"> Time deposits of $100 thousand or more </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_TimeDepositsByMaturityAbstract" xlink:label="us-gaap_TimeDepositsByMaturityAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TimeDepositsByMaturityAbstract" xlink:to="lab_TimeDepositsByMaturityAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_TimeDepositsByMaturityAbstract" xml:lang="en-US"> Time Deposits, by Maturity [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_TimeDepositsByMaturityAbstract" xml:lang="en-US"> Schedule of contractual maturities for total time deposits </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_TimeDeposits100000OrMoreDomestic" xlink:label="us-gaap_TimeDeposits100000OrMoreDomestic"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TimeDeposits100000OrMoreDomestic" xlink:to="lab_TimeDeposits100000OrMoreDomestic"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_TimeDeposits100000OrMoreDomestic" xml:lang="en-US"> Time Deposits, $100,000 or More, Domestic </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_TimeDeposits100000OrMoreDomestic" xml:lang="en-US"> U.S. certificates of deposit and other time deposits </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_TimeDeposits100000OrMoreForeign" xlink:label="us-gaap_TimeDeposits100000OrMoreForeign"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TimeDeposits100000OrMoreForeign" xlink:to="lab_TimeDeposits100000OrMoreForeign"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_TimeDeposits100000OrMoreForeign" xml:lang="en-US"> Time Deposits, $100,000 or More, Foreign </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_TimeDeposits100000OrMoreForeign" xml:lang="en-US"> Non-U.S. certificates of deposit and other time deposits </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_TimeDepositMaturitiesYearOne" xlink:label="us-gaap_TimeDepositMaturitiesYearOne"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TimeDepositMaturitiesYearOne" xlink:to="lab_TimeDepositMaturitiesYearOne"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_TimeDepositMaturitiesYearOne" xml:lang="en-US"> Time Deposit Maturities, Year One </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_TimeDepositMaturitiesYearOne" xml:lang="en-US"> Due in 2011 </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_TimeDepositMaturitiesYearTwo" xlink:label="us-gaap_TimeDepositMaturitiesYearTwo"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TimeDepositMaturitiesYearTwo" xlink:to="lab_TimeDepositMaturitiesYearTwo"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_TimeDepositMaturitiesYearTwo" xml:lang="en-US"> Time Deposit Maturities, Year Two </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_TimeDepositMaturitiesYearTwo" xml:lang="en-US"> Due in 2012 </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_TimeDepositMaturitiesYearThree" xlink:label="us-gaap_TimeDepositMaturitiesYearThree"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TimeDepositMaturitiesYearThree" xlink:to="lab_TimeDepositMaturitiesYearThree"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_TimeDepositMaturitiesYearThree" xml:lang="en-US"> Time Deposit Maturities, Year Three </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_TimeDepositMaturitiesYearThree" xml:lang="en-US"> Due in 2013 </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_TimeDepositMaturitiesYearFour" xlink:label="us-gaap_TimeDepositMaturitiesYearFour"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TimeDepositMaturitiesYearFour" xlink:to="lab_TimeDepositMaturitiesYearFour"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_TimeDepositMaturitiesYearFour" xml:lang="en-US"> Time Deposit Maturities, Year Four </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_TimeDepositMaturitiesYearFour" xml:lang="en-US"> Due in 2014 </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_TimeDepositMaturitiesYearFive" xlink:label="us-gaap_TimeDepositMaturitiesYearFive"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TimeDepositMaturitiesYearFive" xlink:to="lab_TimeDepositMaturitiesYearFive"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_TimeDepositMaturitiesYearFive" xml:lang="en-US"> Time Deposit Maturities, Year Five </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_TimeDepositMaturitiesYearFive" xml:lang="en-US"> Due in 2015 </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_TimeDepositMaturitiesAfterYearFive" xlink:label="us-gaap_TimeDepositMaturitiesAfterYearFive"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TimeDepositMaturitiesAfterYearFive" xlink:to="lab_TimeDepositMaturitiesAfterYearFive"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_TimeDepositMaturitiesAfterYearFive" xml:lang="en-US"> Time Deposit Maturities, after Year Five </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_TimeDepositMaturitiesAfterYearFive" xml:lang="en-US"> Thereafter </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_TimeDeposits" xlink:label="us-gaap_TimeDeposits"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TimeDeposits" xlink:to="lab_TimeDeposits"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_TimeDeposits" xml:lang="en-US"> Time Deposits </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_TimeDeposits" xml:lang="en-US"> Total time deposits </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CommercialPaperMember" xlink:label="us-gaap_CommercialPaperMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommercialPaperMember" xlink:to="lab_CommercialPaperMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CommercialPaperMember" xml:lang="en-US"> Commercial Paper [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FederalHomeLoanBankAdvancesLongTerm" xlink:label="us-gaap_FederalHomeLoanBankAdvancesLongTerm"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FederalHomeLoanBankAdvancesLongTerm" xlink:to="lab_FederalHomeLoanBankAdvancesLongTerm"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FederalHomeLoanBankAdvancesLongTerm" xml:lang="en-US"> Long-term Federal Home Loan Bank Advances </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_FederalHomeLoanBankAdvancesLongTerm" xml:lang="en-US"> Long-term Federal Home Loan Bank Advances, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_FederalHomeLoanBankAdvancesLongTerm" xml:lang="en-US"> Long-term Federal Home Loan Bank Advances </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_OtherShortTermBorrowingsMember" xlink:label="bac_OtherShortTermBorrowingsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_OtherShortTermBorrowingsMember" xlink:to="bac_OtherShortTermBorrowingsMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_OtherShortTermBorrowingsMember_lbl" xml:lang="en-US"> Other short-term borrowings [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_OtherShortTermBorrowingsMember_lbl" xml:lang="en-US"> Other Short Term Borrowings Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ShortTermBorrowingAbstract" xlink:label="bac_ShortTermBorrowingAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ShortTermBorrowingAbstract" xlink:to="bac_ShortTermBorrowingAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ShortTermBorrowingAbstract_lbl" xml:lang="en-US"> Short Term Borrowing Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ShortTermBorrowingAbstract_lbl" xml:lang="en-US"> Federal Funds Sold, Securities Borrowed or Purchased Under Agreements to Resell and Short-term Borrowings </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ShortTermBorrowingAbstract_lbl" xml:lang="en-US"> Short-term Borrowings. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ShortTermBorrowingsInterestRate" xlink:label="bac_ShortTermBorrowingsInterestRate"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ShortTermBorrowingsInterestRate" xlink:to="bac_ShortTermBorrowingsInterestRate_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ShortTermBorrowingsInterestRate_lbl" xml:lang="en-US"> Short Term Borrowings Interest Rate </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ShortTermBorrowingsInterestRate_lbl" xml:lang="en-US"> This represents the periodic interest rate applicable to short-term borrowings. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ShortTermBorrowingsInterestRate_lbl" xml:lang="en-US"> Short Term Borrowings Interest Rate </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ShorttermDebtAverageOutstandingAmount" xlink:label="us-gaap_ShorttermDebtAverageOutstandingAmount"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShorttermDebtAverageOutstandingAmount" xlink:to="lab_ShorttermDebtAverageOutstandingAmount"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ShorttermDebtAverageOutstandingAmount" xml:lang="en-US"> Short-term Debt, Average Outstanding Amount </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ShorttermDebtAverageOutstandingAmount" xml:lang="en-US"> Average during year </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ShortTermDebtAverageOutstandingRate" xlink:label="bac_ShortTermDebtAverageOutstandingRate"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ShortTermDebtAverageOutstandingRate" xlink:to="bac_ShortTermDebtAverageOutstandingRate_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ShortTermDebtAverageOutstandingRate_lbl" xml:lang="en-US"> Short Term Debt Average Outstanding Rate </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ShortTermDebtAverageOutstandingRate_lbl" xml:lang="en-US"> This represents the yearly average interest rate applicable to short-term borrowings. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ShortTermDebtAverageOutstandingRate_lbl" xml:lang="en-US"> Short Term Debt Average Outstanding Rate </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ShorttermDebtMaximumMonthendOutstandingAmount" xlink:label="us-gaap_ShorttermDebtMaximumMonthendOutstandingAmount"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShorttermDebtMaximumMonthendOutstandingAmount" xlink:to="lab_ShorttermDebtMaximumMonthendOutstandingAmount"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ShorttermDebtMaximumMonthendOutstandingAmount" xml:lang="en-US"> Short-term Debt, Maximum Month-end Outstanding Amount </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ShorttermDebtMaximumMonthendOutstandingAmount" xml:lang="en-US"> Maximum month-end balance during year </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MaximumOfBankNotesOutstandingWithFixedOrFloatingRates" xlink:label="bac_MaximumOfBankNotesOutstandingWithFixedOrFloatingRates"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MaximumOfBankNotesOutstandingWithFixedOrFloatingRates" xlink:to="bac_MaximumOfBankNotesOutstandingWithFixedOrFloatingRates_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MaximumOfBankNotesOutstandingWithFixedOrFloatingRates_lbl" xml:lang="en-US"> Maximum Of Bank Notes Outstanding With Fixed Or Floating Rates </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_MaximumOfBankNotesOutstandingWithFixedOrFloatingRates_lbl" xml:lang="en-US"> Maximum of bank notes outstanding with fixed or floating rates </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MaximumOfBankNotesOutstandingWithFixedOrFloatingRates_lbl" xml:lang="en-US"> This represents the maximum dollar amount of bank notes with fixed or floating rates outstanding at any one time. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ShortTermBankNotesOutstanding" xlink:label="bac_ShortTermBankNotesOutstanding"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ShortTermBankNotesOutstanding" xlink:to="bac_ShortTermBankNotesOutstanding_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ShortTermBankNotesOutstanding_lbl" xml:lang="en-US"> Short-term bank notes outstanding </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ShortTermBankNotesOutstanding_lbl" xml:lang="en-US"> This represents the dollar amount of short-term bank notes outstanding with fixed or floating rates. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ShortTermBankNotesOutstanding_lbl" xml:lang="en-US"> Short-term bank notes outstanding </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MaturitiesPeriodOfBankNotesOutstandingWithFixedOrFloatingRates" xlink:label="bac_MaturitiesPeriodOfBankNotesOutstandingWithFixedOrFloatingRates"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MaturitiesPeriodOfBankNotesOutstandingWithFixedOrFloatingRates" xlink:to="bac_MaturitiesPeriodOfBankNotesOutstandingWithFixedOrFloatingRates_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MaturitiesPeriodOfBankNotesOutstandingWithFixedOrFloatingRates_lbl" xml:lang="en-US"> Maturities period of bank notes outstanding with fixed or floating rates </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MaturitiesPeriodOfBankNotesOutstandingWithFixedOrFloatingRates_lbl" xml:lang="en-US"> This represents the maturity, in days, of short-term bank notes outstanding with fixed or floating rates. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_MaturitiesPeriodOfBankNotesOutstandingWithFixedOrFloatingRates_lbl" xml:lang="en-US"> This represents the maturity, in days, of short-term bank notes outstanding with fixed or floating rates. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ScheduleOfShortTermDebtTable" xlink:label="us-gaap_ScheduleOfShortTermDebtTable"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfShortTermDebtTable" xlink:to="lab_ScheduleOfShortTermDebtTable"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ScheduleOfShortTermDebtTable" xml:lang="en-US"> Schedule of Short-term Debt [Table] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ShortTermDebtTypeAxis" xlink:label="us-gaap_ShortTermDebtTypeAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShortTermDebtTypeAxis" xlink:to="lab_ShortTermDebtTypeAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ShortTermDebtTypeAxis" xml:lang="en-US"> Short-term Debt, Type [Axis] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ShortTermDebtTypeDomain" xlink:label="us-gaap_ShortTermDebtTypeDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShortTermDebtTypeDomain" xlink:to="lab_ShortTermDebtTypeDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ShortTermDebtTypeDomain" xml:lang="en-US"> Short-term Debt, Type [Domain] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FederalFundsPurchasedMember" xlink:label="us-gaap_FederalFundsPurchasedMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FederalFundsPurchasedMember" xlink:to="lab_FederalFundsPurchasedMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FederalFundsPurchasedMember" xml:lang="en-US"> Federal Funds Purchased [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseMember" xlink:label="us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseMember" xlink:to="lab_SecuritiesSoldUnderAgreementsToRepurchaseMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_SecuritiesSoldUnderAgreementsToRepurchaseMember" xml:lang="en-US"> Securities Sold under Agreements to Repurchase [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ShortTermDebtLineItems" xlink:label="us-gaap_ShortTermDebtLineItems"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShortTermDebtLineItems" xlink:to="lab_ShortTermDebtLineItems"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ShortTermDebtLineItems" xml:lang="en-US"> Short-term Debt [Line Items] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FederalHomeLoanBankAdvancesMember" xlink:label="us-gaap_FederalHomeLoanBankAdvancesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FederalHomeLoanBankAdvancesMember" xlink:to="lab_FederalHomeLoanBankAdvancesMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FederalHomeLoanBankAdvancesMember" xml:lang="en-US"> Federal Home Loan Bank Advances [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_OtherLongTermDebtNoncurrent" xlink:label="us-gaap_OtherLongTermDebtNoncurrent"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherLongTermDebtNoncurrent" xlink:to="lab_OtherLongTermDebtNoncurrent"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_OtherLongTermDebtNoncurrent" xml:lang="en-US"> Other Long-term Debt, Noncurrent </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_OtherLongTermDebtNoncurrent" xml:lang="en-US"> Other </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_JuniorSubordinatedNotes" xlink:label="us-gaap_JuniorSubordinatedNotes"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_JuniorSubordinatedNotes" xlink:to="lab_JuniorSubordinatedNotes"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JuniorSubordinatedNotes" xml:lang="en-US"> Junior Subordinated Notes </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_JuniorSubordinatedNotes" xml:lang="en-US"> Junior Subordinated Notes, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JuniorSubordinatedNotes" xml:lang="en-US"> Junior subordinated notes </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_SeniorNotes" xlink:label="us-gaap_SeniorNotes"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SeniorNotes" xlink:to="lab_SeniorNotes"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_SeniorNotes" xml:lang="en-US"> Senior Notes </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_SeniorNotes" xml:lang="en-US"> Senior Notes, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_SeniorNotes" xml:lang="en-US"> Senior Notes </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_NotesPayable" xlink:label="us-gaap_NotesPayable"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NotesPayable" xlink:to="lab_NotesPayable"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_NotesPayable" xml:lang="en-US"> Notes Payable </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_NotesPayable" xml:lang="en-US"> Notes Payable </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_OtherLongTermDebt" xlink:label="us-gaap_OtherLongTermDebt"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherLongTermDebt" xlink:to="lab_OtherLongTermDebt"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_OtherLongTermDebt" xml:lang="en-US"> Other Long-term Debt </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_OtherLongTermDebt" xml:lang="en-US"> Total other debt </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_JuniorSubordinatedDebtMember" xlink:label="us-gaap_JuniorSubordinatedDebtMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_JuniorSubordinatedDebtMember" xlink:to="lab_JuniorSubordinatedDebtMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JuniorSubordinatedDebtMember" xml:lang="en-US"> Junior Subordinated Debt [Member] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_BalanceOfLongtermDebtTextBlock" xlink:label="bac_BalanceOfLongtermDebtTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_BalanceOfLongtermDebtTextBlock" xlink:to="bac_BalanceOfLongtermDebtTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_BalanceOfLongtermDebtTextBlock_lbl" xml:lang="en-US"> Balance Of Longterm Debt Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_BalanceOfLongtermDebtTextBlock_lbl" xml:lang="en-US"> Balance of long-term debt </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_BalanceOfLongtermDebtTextBlock_lbl" xml:lang="en-US"> Balance of long-term debt Text Block. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FixedRateMember" xlink:label="bac_FixedRateMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FixedRateMember" xlink:to="bac_FixedRateMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FixedRateMember_lbl" xml:lang="en-US"> Fixed Rate [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FixedRateMember_lbl" xml:lang="en-US"> Fixed Rate Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FloatingRateMember" xlink:label="bac_FloatingRateMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FloatingRateMember" xlink:to="bac_FloatingRateMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FloatingRateMember_lbl" xml:lang="en-US"> Floating Rate [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FloatingRateMember_lbl" xml:lang="en-US"> Floating Rate Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_StructuredNotesMember" xlink:label="bac_StructuredNotesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_StructuredNotesMember" xlink:to="bac_StructuredNotesMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_StructuredNotesMember_lbl" xml:lang="en-US"> Structured notes [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_StructuredNotesMember_lbl" xml:lang="en-US"> Structured notes Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NbHoldingsCorporationMember" xlink:label="bac_NbHoldingsCorporationMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NbHoldingsCorporationMember" xlink:to="bac_NbHoldingsCorporationMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NbHoldingsCorporationMember_lbl" xml:lang="en-US"> NB Holdings Corporation [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NbHoldingsCorporationMember_lbl" xml:lang="en-US"> NB Holdings Corporation Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_BACNorthAmericaHoldingCompanyAndSubsidiariesMember" xlink:label="bac_BACNorthAmericaHoldingCompanyAndSubsidiariesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_BACNorthAmericaHoldingCompanyAndSubsidiariesMember" xlink:to="bac_BACNorthAmericaHoldingCompanyAndSubsidiariesMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_BACNorthAmericaHoldingCompanyAndSubsidiariesMember_lbl" xml:lang="en-US"> BAC North America Holding Company and Subsidiaries [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_BACNorthAmericaHoldingCompanyAndSubsidiariesMember_lbl" xml:lang="en-US"> BAC North America Holding Company And Subsidiaries Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SubordinatedNotes" xlink:label="bac_SubordinatedNotes"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SubordinatedNotes" xlink:to="bac_SubordinatedNotes_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SubordinatedNotes_lbl" xml:lang="en-US"> Subordinated Notes </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SubordinatedNotes_lbl" xml:lang="en-US"> Including the current and noncurrent portions, carrying value as of the balance sheet date of Notes with the secondary claim on the assets of the issuer in case of bankruptcy or liquidation (with maturities initially due after one year or beyond the operating cycle if longer). Subordinated note holders are paid off after payments are made to senior note holders. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_SubordinatedNotes_lbl" xml:lang="en-US"> Subordinated notes </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_WeightedAverageRateOfDebt" xlink:label="bac_WeightedAverageRateOfDebt"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_WeightedAverageRateOfDebt" xlink:to="bac_WeightedAverageRateOfDebt_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_WeightedAverageRateOfDebt_lbl" xml:lang="en-US"> Weighted Average Rate of Debt </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_WeightedAverageRateOfDebt_lbl" xml:lang="en-US"> Represents weighted average interest rate of debt. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_WeightedAverageRateOfDebt_lbl" xml:lang="en-US"> Weighted Average Rate of Debt </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_WeightedAverageRateOfDebtMinimum" xlink:label="bac_WeightedAverageRateOfDebtMinimum"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_WeightedAverageRateOfDebtMinimum" xlink:to="bac_WeightedAverageRateOfDebtMinimum_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_WeightedAverageRateOfDebtMinimum_lbl" xml:lang="en-US"> Weighted Average Rate Of Debt Minimum </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_WeightedAverageRateOfDebtMinimum_lbl" xml:lang="en-US"> Weighted Average Rate of Debt, minimum </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_WeightedAverageRateOfDebtMinimum_lbl" xml:lang="en-US"> Represents lowest weighted average interest rate of debt. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_WeightedAverageRateOfDebtMaximum" xlink:label="bac_WeightedAverageRateOfDebtMaximum"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_WeightedAverageRateOfDebtMaximum" xlink:to="bac_WeightedAverageRateOfDebtMaximum_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_WeightedAverageRateOfDebtMaximum_lbl" xml:lang="en-US"> Weighted Average Rate Of Debt Maximum </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_WeightedAverageRateOfDebtMaximum_lbl" xml:lang="en-US"> Represents highest weighted average interest rate of debt. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_WeightedAverageRateOfDebtMaximum_lbl" xml:lang="en-US"> Weighted Average Rate of Debt, maximum </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LongTermDebtExcludingConsolidatedVariableInterestEntities" xlink:label="bac_LongTermDebtExcludingConsolidatedVariableInterestEntities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LongTermDebtExcludingConsolidatedVariableInterestEntities" xlink:to="bac_LongTermDebtExcludingConsolidatedVariableInterestEntities_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LongTermDebtExcludingConsolidatedVariableInterestEntities_lbl" xml:lang="en-US"> long term debt excluding consolidated Variable Interest Entities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_LongTermDebtExcludingConsolidatedVariableInterestEntities_lbl" xml:lang="en-US"> Total long-term debt excluding consolidated VIEs </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LongTermDebtExcludingConsolidatedVariableInterestEntities_lbl" xml:lang="en-US"> Long term debt excluding consolidated variable interest entities. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LongTermDebtOfConsolidatedVariableInterestEntities" xlink:label="bac_LongTermDebtOfConsolidatedVariableInterestEntities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LongTermDebtOfConsolidatedVariableInterestEntities" xlink:to="bac_LongTermDebtOfConsolidatedVariableInterestEntities_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LongTermDebtOfConsolidatedVariableInterestEntities_lbl" xml:lang="en-US"> Long term debt of consolidated Variable Interest Entities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_LongTermDebtOfConsolidatedVariableInterestEntities_lbl" xml:lang="en-US"> Long-term debt of consolidated VIEs </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LongTermDebtOfConsolidatedVariableInterestEntities_lbl" xml:lang="en-US"> Long term debt of consolidated Variable Interest Entities. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/non-gaap/dei-2009-01-31.xsd#dei_LegalEntityAxis" xlink:label="dei_LegalEntityAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_LegalEntityAxis" xlink:to="lab_LegalEntityAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_LegalEntityAxis" xml:lang="en-US"> Legal Entity [Axis] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/non-gaap/dei-2009-01-31.xsd#dei_EntityDomain" xlink:label="dei_EntityDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityDomain" xlink:to="lab_EntityDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_EntityDomain" xml:lang="en-US"> Entity [Domain] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_SeniorNotesMember" xlink:label="us-gaap_SeniorNotesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SeniorNotesMember" xlink:to="lab_SeniorNotesMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_SeniorNotesMember" xml:lang="en-US"> Senior Notes [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_SeniorSubordinatedNotesMember" xlink:label="us-gaap_SeniorSubordinatedNotesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SeniorSubordinatedNotesMember" xlink:to="lab_SeniorSubordinatedNotesMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_SeniorSubordinatedNotesMember" xml:lang="en-US"> Subordinated Notes [Member] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NationsBankMember" xlink:label="bac_NationsBankMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NationsBankMember" xlink:to="bac_NationsBankMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NationsBankMember_lbl" xml:lang="en-US"> Nations Bank [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NationsBankMember_lbl" xml:lang="en-US"> Nations Bank. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_BankAmericaMember" xlink:label="bac_BankAmericaMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_BankAmericaMember" xlink:to="bac_BankAmericaMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_BankAmericaMember_lbl" xml:lang="en-US"> Bank America [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_BankAmericaMember_lbl" xml:lang="en-US"> Bank America. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_BarnettMember" xlink:label="bac_BarnettMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_BarnettMember" xlink:to="bac_BarnettMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_BarnettMember_lbl" xml:lang="en-US"> Barnett [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_BarnettMember_lbl" xml:lang="en-US"> Barnett. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FleetMember" xlink:label="bac_FleetMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FleetMember" xlink:to="bac_FleetMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FleetMember_lbl" xml:lang="en-US"> Fleet [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FleetMember_lbl" xml:lang="en-US"> Fleet. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_BankBostonMember" xlink:label="bac_BankBostonMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_BankBostonMember" xlink:to="bac_BankBostonMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_BankBostonMember_lbl" xml:lang="en-US"> Bank Boston [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_BankBostonMember_lbl" xml:lang="en-US"> Bank Boston. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ProgressMember" xlink:label="bac_ProgressMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ProgressMember" xlink:to="bac_ProgressMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ProgressMember_lbl" xml:lang="en-US"> Progress [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ProgressMember_lbl" xml:lang="en-US"> Progress. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MbnaMember" xlink:label="bac_MbnaMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MbnaMember" xlink:to="bac_MbnaMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MbnaMember_lbl" xml:lang="en-US"> MBNA [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MbnaMember_lbl" xml:lang="en-US"> MBNA. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AbnAmroNorthAmericaMember" xlink:label="bac_AbnAmroNorthAmericaMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AbnAmroNorthAmericaMember" xlink:to="bac_AbnAmroNorthAmericaMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AbnAmroNorthAmericaMember_lbl" xml:lang="en-US"> Abn Amro North America [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AbnAmroNorthAmericaMember_lbl" xml:lang="en-US"> ABN AMRO North America . </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LasalleMember" xlink:label="bac_LasalleMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LasalleMember" xlink:to="bac_LasalleMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LasalleMember_lbl" xml:lang="en-US"> Lasalle [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LasalleMember_lbl" xml:lang="en-US"> LaSalle. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CapitalTrustOneMember" xlink:label="bac_CapitalTrustOneMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CapitalTrustOneMember" xlink:to="bac_CapitalTrustOneMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CapitalTrustOneMember_lbl" xml:lang="en-US"> Capital Trust l [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CapitalTrustOneMember_lbl" xml:lang="en-US"> Capital Trust One. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CapitalTrustTwoMember" xlink:label="bac_CapitalTrustTwoMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CapitalTrustTwoMember" xlink:to="bac_CapitalTrustTwoMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CapitalTrustTwoMember_lbl" xml:lang="en-US"> Capital Trust ll [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CapitalTrustTwoMember_lbl" xml:lang="en-US"> Capital Trust Two. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CapitalTrustThreeMember" xlink:label="bac_CapitalTrustThreeMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CapitalTrustThreeMember" xlink:to="bac_CapitalTrustThreeMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CapitalTrustThreeMember_lbl" xml:lang="en-US"> Capital Trust lll [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CapitalTrustThreeMember_lbl" xml:lang="en-US"> Capital Trust Three. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CapitalTrustFourMember" xlink:label="bac_CapitalTrustFourMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CapitalTrustFourMember" xlink:to="bac_CapitalTrustFourMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CapitalTrustFourMember_lbl" xml:lang="en-US"> Capital Trust lV [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CapitalTrustFourMember_lbl" xml:lang="en-US"> Capital Trust Four. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CapitalTrustFiveMember" xlink:label="bac_CapitalTrustFiveMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CapitalTrustFiveMember" xlink:to="bac_CapitalTrustFiveMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CapitalTrustFiveMember_lbl" xml:lang="en-US"> Capital Trust V [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CapitalTrustFiveMember_lbl" xml:lang="en-US"> Capital Trust Five. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CapitalTrustSixMember" xlink:label="bac_CapitalTrustSixMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CapitalTrustSixMember" xlink:to="bac_CapitalTrustSixMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CapitalTrustSixMember_lbl" xml:lang="en-US"> Capital Trust Vl [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CapitalTrustSixMember_lbl" xml:lang="en-US"> Capital Trust Six. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CapitalTrustSevenMember" xlink:label="bac_CapitalTrustSevenMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CapitalTrustSevenMember" xlink:to="bac_CapitalTrustSevenMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CapitalTrustSevenMember_lbl" xml:lang="en-US"> Capital Trust Vll [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CapitalTrustSevenMember_lbl" xml:lang="en-US"> Capital Trust Seven. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CapitalTrustEightMember" xlink:label="bac_CapitalTrustEightMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CapitalTrustEightMember" xlink:to="bac_CapitalTrustEightMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CapitalTrustEightMember_lbl" xml:lang="en-US"> Capital Trust Vlll [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CapitalTrustEightMember_lbl" xml:lang="en-US"> Capital Trust Eight. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CapitalTrustNineMember" xlink:label="bac_CapitalTrustNineMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CapitalTrustNineMember" xlink:to="bac_CapitalTrustNineMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CapitalTrustNineMember_lbl" xml:lang="en-US"> Capital Trust lX [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CapitalTrustNineMember_lbl" xml:lang="en-US"> Capital Trust Nine. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CapitalTrustTenMember" xlink:label="bac_CapitalTrustTenMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CapitalTrustTenMember" xlink:to="bac_CapitalTrustTenMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CapitalTrustTenMember_lbl" xml:lang="en-US"> Capital Trust X [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CapitalTrustTenMember_lbl" xml:lang="en-US"> Capital Trust Ten. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CapitalTrustElevenMember" xlink:label="bac_CapitalTrustElevenMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CapitalTrustElevenMember" xlink:to="bac_CapitalTrustElevenMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CapitalTrustElevenMember_lbl" xml:lang="en-US"> Capital Trust Xl [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CapitalTrustElevenMember_lbl" xml:lang="en-US"> Capital Trust Eleven. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CapitalTrustTwelveMember" xlink:label="bac_CapitalTrustTwelveMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CapitalTrustTwelveMember" xlink:to="bac_CapitalTrustTwelveMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CapitalTrustTwelveMember_lbl" xml:lang="en-US"> Capital Trust Xll [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CapitalTrustTwelveMember_lbl" xml:lang="en-US"> Capital Trust Twelve. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CapitalTrustThirteenMember" xlink:label="bac_CapitalTrustThirteenMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CapitalTrustThirteenMember" xlink:to="bac_CapitalTrustThirteenMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CapitalTrustThirteenMember_lbl" xml:lang="en-US"> Capital Trust Xlll [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CapitalTrustThirteenMember_lbl" xml:lang="en-US"> Capital Trust Thirteen. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CapitalTrustFourteenMember" xlink:label="bac_CapitalTrustFourteenMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CapitalTrustFourteenMember" xlink:to="bac_CapitalTrustFourteenMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CapitalTrustFourteenMember_lbl" xml:lang="en-US"> Capital Trust XlV [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CapitalTrustFourteenMember_lbl" xml:lang="en-US"> Capital Trust Fourteen. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CapitalTrustFifteenMember" xlink:label="bac_CapitalTrustFifteenMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CapitalTrustFifteenMember" xlink:to="bac_CapitalTrustFifteenMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CapitalTrustFifteenMember_lbl" xml:lang="en-US"> Capital Trust XV [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CapitalTrustFifteenMember_lbl" xml:lang="en-US"> Capital Trust Fifteen. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PreferredCapitalTrustThreeMember" xlink:label="bac_PreferredCapitalTrustThreeMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PreferredCapitalTrustThreeMember" xlink:to="bac_PreferredCapitalTrustThreeMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PreferredCapitalTrustThreeMember_lbl" xml:lang="en-US"> Preferred Capital Trust lll [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PreferredCapitalTrustThreeMember_lbl" xml:lang="en-US"> Preferred Capital Trust Three. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PreferredCapitalTrustFourMember" xlink:label="bac_PreferredCapitalTrustFourMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PreferredCapitalTrustFourMember" xlink:to="bac_PreferredCapitalTrustFourMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PreferredCapitalTrustFourMember_lbl" xml:lang="en-US"> Preferred Capital Trust lV [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PreferredCapitalTrustFourMember_lbl" xml:lang="en-US"> Preferred Capital Trust Four. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PreferredCapitalTrustFiveMember" xlink:label="bac_PreferredCapitalTrustFiveMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PreferredCapitalTrustFiveMember" xlink:to="bac_PreferredCapitalTrustFiveMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PreferredCapitalTrustFiveMember_lbl" xml:lang="en-US"> Preferred Capital Trust V [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PreferredCapitalTrustFiveMember_lbl" xml:lang="en-US"> Preferred Capital Trust Five. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SubsidiaryEightSeriesOneMember" xlink:label="bac_SubsidiaryEightSeriesOneMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SubsidiaryEightSeriesOneMember" xlink:to="bac_SubsidiaryEightSeriesOneMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SubsidiaryEightSeriesOneMember_lbl" xml:lang="en-US"> Series l [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SubsidiaryEightSeriesOneMember_lbl" xml:lang="en-US"> Subsidiary Eight Series One. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SubsidiaryEightSeriesTwoMember" xlink:label="bac_SubsidiaryEightSeriesTwoMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SubsidiaryEightSeriesTwoMember" xlink:to="bac_SubsidiaryEightSeriesTwoMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SubsidiaryEightSeriesTwoMember_lbl" xml:lang="en-US"> Series ll [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SubsidiaryEightSeriesTwoMember_lbl" xml:lang="en-US"> Subsidiary Eight Series Two. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SubsidiaryEightSeriesThreeMember" xlink:label="bac_SubsidiaryEightSeriesThreeMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SubsidiaryEightSeriesThreeMember" xlink:to="bac_SubsidiaryEightSeriesThreeMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SubsidiaryEightSeriesThreeMember_lbl" xml:lang="en-US"> Series lll [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SubsidiaryEightSeriesThreeMember_lbl" xml:lang="en-US"> Subsidiary Eight Series Three. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SubsidiaryEightSeriesFourMember" xlink:label="bac_SubsidiaryEightSeriesFourMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SubsidiaryEightSeriesFourMember" xlink:to="bac_SubsidiaryEightSeriesFourMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SubsidiaryEightSeriesFourMember_lbl" xml:lang="en-US"> Series lV [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SubsidiaryEightSeriesFourMember_lbl" xml:lang="en-US"> Subsidiary Eight Series Four. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SubsidiaryEightSeriesFiveMember" xlink:label="bac_SubsidiaryEightSeriesFiveMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SubsidiaryEightSeriesFiveMember" xlink:to="bac_SubsidiaryEightSeriesFiveMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SubsidiaryEightSeriesFiveMember_lbl" xml:lang="en-US"> Series V [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SubsidiaryEightSeriesFiveMember_lbl" xml:lang="en-US"> Subsidiary Eight Series Five. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SubsidiaryEightSeriesSixMember" xlink:label="bac_SubsidiaryEightSeriesSixMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SubsidiaryEightSeriesSixMember" xlink:to="bac_SubsidiaryEightSeriesSixMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SubsidiaryEightSeriesSixMember_lbl" xml:lang="en-US"> Series Vl [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SubsidiaryEightSeriesSixMember_lbl" xml:lang="en-US"> Subsidiary Eight Series Six. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SubsidiaryEightSeriesSevenMember" xlink:label="bac_SubsidiaryEightSeriesSevenMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SubsidiaryEightSeriesSevenMember" xlink:to="bac_SubsidiaryEightSeriesSevenMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SubsidiaryEightSeriesSevenMember_lbl" xml:lang="en-US"> Series Vll [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SubsidiaryEightSeriesSevenMember_lbl" xml:lang="en-US"> Subsidiary Eight Series Seven. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SubsidiaryEightSeriesNineMember" xlink:label="bac_SubsidiaryEightSeriesNineMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SubsidiaryEightSeriesNineMember" xlink:to="bac_SubsidiaryEightSeriesNineMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SubsidiaryEightSeriesNineMember_lbl" xml:lang="en-US"> Series lX [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SubsidiaryEightSeriesNineMember_lbl" xml:lang="en-US"> Subsidiary Eight Series Nine. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SubsidiaryEightSeriesTenMember" xlink:label="bac_SubsidiaryEightSeriesTenMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SubsidiaryEightSeriesTenMember" xlink:to="bac_SubsidiaryEightSeriesTenMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SubsidiaryEightSeriesTenMember_lbl" xml:lang="en-US"> Series X [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SubsidiaryEightSeriesTenMember_lbl" xml:lang="en-US"> Subsidiary Eight Series Ten. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SubsidiaryEightSeriesElevenMember" xlink:label="bac_SubsidiaryEightSeriesElevenMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SubsidiaryEightSeriesElevenMember" xlink:to="bac_SubsidiaryEightSeriesElevenMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SubsidiaryEightSeriesElevenMember_lbl" xml:lang="en-US"> Series Xl [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SubsidiaryEightSeriesElevenMember_lbl" xml:lang="en-US"> Subsidiary Eight Series Eleven. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SubsidiaryEightSeriesTwelveMember" xlink:label="bac_SubsidiaryEightSeriesTwelveMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SubsidiaryEightSeriesTwelveMember" xlink:to="bac_SubsidiaryEightSeriesTwelveMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SubsidiaryEightSeriesTwelveMember_lbl" xml:lang="en-US"> Series Xll [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SubsidiaryEightSeriesTwelveMember_lbl" xml:lang="en-US"> Subsidiary Eight Series Twelve. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SubsidiaryEightSeriesThirteenMember" xlink:label="bac_SubsidiaryEightSeriesThirteenMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SubsidiaryEightSeriesThirteenMember" xlink:to="bac_SubsidiaryEightSeriesThirteenMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SubsidiaryEightSeriesThirteenMember_lbl" xml:lang="en-US"> Series Xlll [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SubsidiaryEightSeriesThirteenMember_lbl" xml:lang="en-US"> Subsidiary Eight Series Thirteen. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CapitalTrustMember" xlink:label="bac_CapitalTrustMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CapitalTrustMember" xlink:to="bac_CapitalTrustMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CapitalTrustMember_lbl" xml:lang="en-US"> Capital Trust A [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CapitalTrustMember_lbl" xml:lang="en-US"> Capital Trust. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CapitalTrustBMember" xlink:label="bac_CapitalTrustBMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CapitalTrustBMember" xlink:to="bac_CapitalTrustBMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CapitalTrustBMember_lbl" xml:lang="en-US"> Capital Trust B [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CapitalTrustBMember_lbl" xml:lang="en-US"> Capital Trust B. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CapitalTrustDMember" xlink:label="bac_CapitalTrustDMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CapitalTrustDMember" xlink:to="bac_CapitalTrustDMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CapitalTrustDMember_lbl" xml:lang="en-US"> Capital Trust D [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CapitalTrustDMember_lbl" xml:lang="en-US"> Capital Trust D. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CapitalTrustEMember" xlink:label="bac_CapitalTrustEMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CapitalTrustEMember" xlink:to="bac_CapitalTrustEMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CapitalTrustEMember_lbl" xml:lang="en-US"> Capital Trust E [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CapitalTrustEMember_lbl" xml:lang="en-US"> Capital Trust E. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SeriesIMember" xlink:label="bac_SeriesIMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SeriesIMember" xlink:to="bac_SeriesIMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SeriesIMember_lbl" xml:lang="en-US"> Series I [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SeriesIMember_lbl" xml:lang="en-US"> Series I. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SeriesJMember" xlink:label="bac_SeriesJMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SeriesJMember" xlink:to="bac_SeriesJMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SeriesJMember_lbl" xml:lang="en-US"> Series J [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SeriesJMember_lbl" xml:lang="en-US"> Series J. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_InstitutionalCapitalMember" xlink:label="bac_InstitutionalCapitalMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_InstitutionalCapitalMember" xlink:to="bac_InstitutionalCapitalMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_InstitutionalCapitalMember_lbl" xml:lang="en-US"> Institutional Capital A [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_InstitutionalCapitalMember_lbl" xml:lang="en-US"> Institutional Capital. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_InstitutionalCapitalBMember" xlink:label="bac_InstitutionalCapitalBMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_InstitutionalCapitalBMember" xlink:to="bac_InstitutionalCapitalBMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_InstitutionalCapitalBMember_lbl" xml:lang="en-US"> Institutional Capital B [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_InstitutionalCapitalBMember_lbl" xml:lang="en-US"> Institutional Capital B. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CapitalTwoMember" xlink:label="bac_CapitalTwoMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CapitalTwoMember" xlink:to="bac_CapitalTwoMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CapitalTwoMember_lbl" xml:lang="en-US"> Capital II [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CapitalTwoMember_lbl" xml:lang="en-US"> Capital Two. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CapitalThreeMember" xlink:label="bac_CapitalThreeMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CapitalThreeMember" xlink:to="bac_CapitalThreeMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CapitalThreeMember_lbl" xml:lang="en-US"> Capital III [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CapitalThreeMember_lbl" xml:lang="en-US"> Capital Three. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CapitalFourMember" xlink:label="bac_CapitalFourMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CapitalFourMember" xlink:to="bac_CapitalFourMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CapitalFourMember_lbl" xml:lang="en-US"> Capital lV [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CapitalFourMember_lbl" xml:lang="en-US"> Capital Four. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CapitalFiveMember" xlink:label="bac_CapitalFiveMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CapitalFiveMember" xlink:to="bac_CapitalFiveMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CapitalFiveMember_lbl" xml:lang="en-US"> Capital V [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CapitalFiveMember_lbl" xml:lang="en-US"> Capital Five. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TrustSecuritiesMember" xlink:label="bac_TrustSecuritiesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TrustSecuritiesMember" xlink:to="bac_TrustSecuritiesMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TrustSecuritiesMember_lbl" xml:lang="en-US"> Trust Securities [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TrustSecuritiesMember_lbl" xml:lang="en-US"> Trust Securities. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NotesPaybleMember" xlink:label="bac_NotesPaybleMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NotesPaybleMember" xlink:to="bac_NotesPaybleMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NotesPaybleMember_lbl" xml:lang="en-US"> Notes Payble [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NotesPaybleMember_lbl" xml:lang="en-US"> Notes Payble. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SummaryOfOutstandingTrustAndHybridSecuritiesAndRelatedNotesAbstract" xlink:label="bac_SummaryOfOutstandingTrustAndHybridSecuritiesAndRelatedNotesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SummaryOfOutstandingTrustAndHybridSecuritiesAndRelatedNotesAbstract" xlink:to="bac_SummaryOfOutstandingTrustAndHybridSecuritiesAndRelatedNotesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SummaryOfOutstandingTrustAndHybridSecuritiesAndRelatedNotesAbstract_lbl" xml:lang="en-US"> Summary of outstanding Trust and Hybrid Securities and related Notes Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SummaryOfOutstandingTrustAndHybridSecuritiesAndRelatedNotesAbstract_lbl" xml:lang="en-US"> Summary of the outstanding Trust and Hybrid Securities and the related Notes. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_SummaryOfOutstandingTrustAndHybridSecuritiesAndRelatedNotesAbstract_lbl" xml:lang="en-US"> Summary of the outstanding Trust and Hybrid Securities and the related Notes </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DebtInstrumentMaturity" xlink:label="bac_DebtInstrumentMaturity"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DebtInstrumentMaturity" xlink:to="bac_DebtInstrumentMaturity_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DebtInstrumentMaturity_lbl" xml:lang="en-US"> Debt Instrument Maturity </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_DebtInstrumentMaturity_lbl" xml:lang="en-US"> Debt Instrument, Maturity </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DebtInstrumentMaturity_lbl" xml:lang="en-US"> Date when the debt instrument is scheduled to be fully repaid, which may be presented in a variety of ways (year, month and year, (day, month and year, quarter, etc.). </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DebtInstrumentInterestRateVariablePercentage" xlink:label="bac_DebtInstrumentInterestRateVariablePercentage"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DebtInstrumentInterestRateVariablePercentage" xlink:to="bac_DebtInstrumentInterestRateVariablePercentage_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DebtInstrumentInterestRateVariablePercentage_lbl" xml:lang="en-US"> Debt Instrument Interest Rate Variable Percentage </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DebtInstrumentInterestRateVariablePercentage_lbl" xml:lang="en-US"> Represents variable interest rate paid on debt instruments. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_DebtInstrumentInterestRateVariablePercentage_lbl" xml:lang="en-US"> Per Annum Interest Rate of the Notes, variable </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_InterestPaymentDates" xlink:label="bac_InterestPaymentDates"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_InterestPaymentDates" xlink:to="bac_InterestPaymentDates_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_InterestPaymentDates_lbl" xml:lang="en-US"> Interest Payment Dates </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_InterestPaymentDates_lbl" xml:lang="en-US"> Represents payment dates when interest is paid for Trust and Hybrid securities. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_InterestPaymentDates_lbl" xml:lang="en-US"> Interest Payment Dates </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_RedemptionPeriod" xlink:label="bac_RedemptionPeriod"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_RedemptionPeriod" xlink:to="bac_RedemptionPeriod_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_RedemptionPeriod_lbl" xml:lang="en-US"> Redemption Period </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_RedemptionPeriod_lbl" xml:lang="en-US"> Represents periods when Trust and Hybrid securities may be redeemed. Certain of the Trust Securities were issued at a discount and may be redeemed prior to maturity at the option of the Corporation. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_RedemptionPeriod_lbl" xml:lang="en-US"> Redemption Period </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DebtInstrumentIssuer" xlink:label="us-gaap_DebtInstrumentIssuer"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentIssuer" xlink:to="lab_DebtInstrumentIssuer"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DebtInstrumentIssuer" xml:lang="en-US"> Debt Instrument, Issuer </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DebtInstrumentIssuer" xml:lang="en-US"> Issuer </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DebtInstrumentIssuanceDate" xlink:label="us-gaap_DebtInstrumentIssuanceDate"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentIssuanceDate" xlink:to="lab_DebtInstrumentIssuanceDate"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DebtInstrumentIssuanceDate" xml:lang="en-US"> Debt Instrument, Issuance Date </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DebtInstrumentIssuanceDate" xml:lang="en-US"> Issuance Date </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DebtInstrumentPrincipalOutstanding" xlink:label="us-gaap_DebtInstrumentPrincipalOutstanding"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentPrincipalOutstanding" xlink:to="lab_DebtInstrumentPrincipalOutstanding"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DebtInstrumentPrincipalOutstanding" xml:lang="en-US"> Debt Instrument, Principal Outstanding </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DebtInstrumentPrincipalOutstanding" xml:lang="en-US"> Aggregate Principal Amount </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DebtInstrumentMaturityDate" xlink:label="us-gaap_DebtInstrumentMaturityDate"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentMaturityDate" xlink:to="lab_DebtInstrumentMaturityDate"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DebtInstrumentMaturityDate" xml:lang="en-US"> Debt Instrument, Maturity Date </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DebtInstrumentMaturityDate" xml:lang="en-US"> Debt Instrument, Maturity Date </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DebtInstrumentInterestRateStatedPercentage" xlink:label="us-gaap_DebtInstrumentInterestRateStatedPercentage"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentInterestRateStatedPercentage" xlink:to="lab_DebtInstrumentInterestRateStatedPercentage"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DebtInstrumentInterestRateStatedPercentage" xml:lang="en-US"> Debt Instrument, Interest Rate, Stated Percentage </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DebtInstrumentInterestRateStatedPercentage" xml:lang="en-US"> Per Annum Interest Rate of the Notes </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SummaryOfOutstandingTrustAndHybridSecuritiesAndRelatedNotesTextBlock" xlink:label="bac_SummaryOfOutstandingTrustAndHybridSecuritiesAndRelatedNotesTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SummaryOfOutstandingTrustAndHybridSecuritiesAndRelatedNotesTextBlock" xlink:to="bac_SummaryOfOutstandingTrustAndHybridSecuritiesAndRelatedNotesTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SummaryOfOutstandingTrustAndHybridSecuritiesAndRelatedNotesTextBlock_lbl" xml:lang="en-US"> Summary Of Outstanding Trust And Hybrid Securities And Related Notes Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_SummaryOfOutstandingTrustAndHybridSecuritiesAndRelatedNotesTextBlock_lbl" xml:lang="en-US"> Summary of the outstanding Trust and Hybrid Securities and the related Notes </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SummaryOfOutstandingTrustAndHybridSecuritiesAndRelatedNotesTextBlock_lbl" xml:lang="en-US"> Summary of the outstanding Trust and Hybrid Securities and the related Notes. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ForeignCurrencyDenominatedDebtTranslatedIntoUSDollars" xlink:label="bac_ForeignCurrencyDenominatedDebtTranslatedIntoUSDollars"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ForeignCurrencyDenominatedDebtTranslatedIntoUSDollars" xlink:to="bac_ForeignCurrencyDenominatedDebtTranslatedIntoUSDollars_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ForeignCurrencyDenominatedDebtTranslatedIntoUSDollars_lbl" xml:lang="en-US"> Foreign Currency Denominated Debt Translated Into U S Dollars </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ForeignCurrencyDenominatedDebtTranslatedIntoUSDollars_lbl" xml:lang="en-US"> Amount of foreign currency-denominated debt translated into U.S. dollars included in total long-term debt </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ForeignCurrencyDenominatedDebtTranslatedIntoUSDollars_lbl" xml:lang="en-US"> Amount of foreign currency-denominated debt translated into U.S. dollars included in total long-term debt. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MaximumAuthorizedDebtForFurtherIssuance" xlink:label="bac_MaximumAuthorizedDebtForFurtherIssuance"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MaximumAuthorizedDebtForFurtherIssuance" xlink:to="bac_MaximumAuthorizedDebtForFurtherIssuance_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MaximumAuthorizedDebtForFurtherIssuance_lbl" xml:lang="en-US"> Maximum Authorized Debt For Further Issuance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_MaximumAuthorizedDebtForFurtherIssuance_lbl" xml:lang="en-US"> Maximum Authorized Debt for further issuance. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MaximumAuthorizedDebtForFurtherIssuance_lbl" xml:lang="en-US"> Maximum Authorized Debt for further issuance. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MaximumAuthorizedBankNotesForFurtherIssuance" xlink:label="bac_MaximumAuthorizedBankNotesForFurtherIssuance"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MaximumAuthorizedBankNotesForFurtherIssuance" xlink:to="bac_MaximumAuthorizedBankNotesForFurtherIssuance_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MaximumAuthorizedBankNotesForFurtherIssuance_lbl" xml:lang="en-US"> Maximum Authorized Bank Notes For Further Issuance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_MaximumAuthorizedBankNotesForFurtherIssuance_lbl" xml:lang="en-US"> Additional bank notes, authorized </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MaximumAuthorizedBankNotesForFurtherIssuance_lbl" xml:lang="en-US"> Maximum Authorized Bank Notes for further issuance. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MaximumAuthorizedMortgageNotesForFurtherIssuance" xlink:label="bac_MaximumAuthorizedMortgageNotesForFurtherIssuance"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MaximumAuthorizedMortgageNotesForFurtherIssuance" xlink:to="bac_MaximumAuthorizedMortgageNotesForFurtherIssuance_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MaximumAuthorizedMortgageNotesForFurtherIssuance_lbl" xml:lang="en-US"> Maximum Authorized Mortgage Notes For Further Issuance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_MaximumAuthorizedMortgageNotesForFurtherIssuance_lbl" xml:lang="en-US"> Maximum Authorized mortgage notes for further issuance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MaximumAuthorizedMortgageNotesForFurtherIssuance_lbl" xml:lang="en-US"> Maximum Authorized mortgage notes for further issuance. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_WeightedAverageEffectiveInterestRatesForTotalLongTermDebtExcludingStructuredNotes" xlink:label="bac_WeightedAverageEffectiveInterestRatesForTotalLongTermDebtExcludingStructuredNotes"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_WeightedAverageEffectiveInterestRatesForTotalLongTermDebtExcludingStructuredNotes" xlink:to="bac_WeightedAverageEffectiveInterestRatesForTotalLongTermDebtExcludingStructuredNotes_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_WeightedAverageEffectiveInterestRatesForTotalLongTermDebtExcludingStructuredNotes_lbl" xml:lang="en-US"> Weighted Average Effective Interest Rates For Total Long Term Debt Excluding Structured Notes </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_WeightedAverageEffectiveInterestRatesForTotalLongTermDebtExcludingStructuredNotes_lbl" xml:lang="en-US"> Weighted-average interest rate for debt </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_WeightedAverageEffectiveInterestRatesForTotalLongTermDebtExcludingStructuredNotes_lbl" xml:lang="en-US"> Represents weighted average effective interest rates for total long-term debt excluding structured notes. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_WeightedAverageEffectiveInterestRatesForTotalFixedRateDebt" xlink:label="bac_WeightedAverageEffectiveInterestRatesForTotalFixedRateDebt"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_WeightedAverageEffectiveInterestRatesForTotalFixedRateDebt" xlink:to="bac_WeightedAverageEffectiveInterestRatesForTotalFixedRateDebt_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_WeightedAverageEffectiveInterestRatesForTotalFixedRateDebt_lbl" xml:lang="en-US"> Weighted Average Effective Interest Rates For Total Fixed Rate Debt </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_WeightedAverageEffectiveInterestRatesForTotalFixedRateDebt_lbl" xml:lang="en-US"> Weighted average effective interest rates for total fixed rate debt </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_WeightedAverageEffectiveInterestRatesForTotalFixedRateDebt_lbl" xml:lang="en-US"> Weighted average effective interest rates for total fixed rate debt. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_WeightedAverageEffectiveInterestRatesForTotalFloatingRateDebt" xlink:label="bac_WeightedAverageEffectiveInterestRatesForTotalFloatingRateDebt"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_WeightedAverageEffectiveInterestRatesForTotalFloatingRateDebt" xlink:to="bac_WeightedAverageEffectiveInterestRatesForTotalFloatingRateDebt_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_WeightedAverageEffectiveInterestRatesForTotalFloatingRateDebt_lbl" xml:lang="en-US"> Weighted Average Effective Interest Rates For Total Floating Rate Debt </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_WeightedAverageEffectiveInterestRatesForTotalFloatingRateDebt_lbl" xml:lang="en-US"> Weighted average effective interest rates for total floating rate debt. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_WeightedAverageEffectiveInterestRatesForTotalFloatingRateDebt_lbl" xml:lang="en-US"> Weighted average effective interest rates for total floating rate debt </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PercentOwnedByCorporationInFinanceSubsidiariesTrusts" xlink:label="bac_PercentOwnedByCorporationInFinanceSubsidiariesTrusts"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PercentOwnedByCorporationInFinanceSubsidiariesTrusts" xlink:to="bac_PercentOwnedByCorporationInFinanceSubsidiariesTrusts_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PercentOwnedByCorporationInFinanceSubsidiariesTrusts_lbl" xml:lang="en-US"> Percent Owned By Corporation In Finance Subsidiaries Trusts </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PercentOwnedByCorporationInFinanceSubsidiariesTrusts_lbl" xml:lang="en-US"> Percent owned by the Corporation in finance subsidiaries trusts. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PercentOwnedByCorporationInFinanceSubsidiariesTrusts_lbl" xml:lang="en-US"> Percent owned by the Corporation in finance subsidiaries trusts </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MaximumPeriodForDefermentOfInterestPaymentOnNotes" xlink:label="bac_MaximumPeriodForDefermentOfInterestPaymentOnNotes"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MaximumPeriodForDefermentOfInterestPaymentOnNotes" xlink:to="bac_MaximumPeriodForDefermentOfInterestPaymentOnNotes_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MaximumPeriodForDefermentOfInterestPaymentOnNotes_lbl" xml:lang="en-US"> Maximum Period For Deferment Of Interest Payment On Notes </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_MaximumPeriodForDefermentOfInterestPaymentOnNotes_lbl" xml:lang="en-US"> Right to deferment payment of interest on the Notes for a Maximum period </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MaximumPeriodForDefermentOfInterestPaymentOnNotes_lbl" xml:lang="en-US"> Maximum Period For Deferment Of Interest Payment On Notes. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_HybridIncomeTermSecuritiesIssued" xlink:label="bac_HybridIncomeTermSecuritiesIssued"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_HybridIncomeTermSecuritiesIssued" xlink:to="bac_HybridIncomeTermSecuritiesIssued_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_HybridIncomeTermSecuritiesIssued_lbl" xml:lang="en-US"> Hybrid Income Term Securities Issued </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_HybridIncomeTermSecuritiesIssued_lbl" xml:lang="en-US"> Hybrid Income Term Securities, issued by the Trusts to institutional investors </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_HybridIncomeTermSecuritiesIssued_lbl" xml:lang="en-US"> Hybrid Income Term Securities, issued by the Trusts to institutional investors. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_JuniorSubordinatedDebtDue2035Member" xlink:label="bac_JuniorSubordinatedDebtDue2035Member"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_JuniorSubordinatedDebtDue2035Member" xlink:to="bac_JuniorSubordinatedDebtDue2035Member_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_JuniorSubordinatedDebtDue2035Member_lbl" xml:lang="en-US"> Junior Subordinated Debt Due 2035 [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_JuniorSubordinatedDebtDue2035Member_lbl" xml:lang="en-US"> Junior Subordinated Debt Due 2035 Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_JuniorSubordinatedDebtDue2036Member" xlink:label="bac_JuniorSubordinatedDebtDue2036Member"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_JuniorSubordinatedDebtDue2036Member" xlink:to="bac_JuniorSubordinatedDebtDue2036Member_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_JuniorSubordinatedDebtDue2036Member_lbl" xml:lang="en-US"> Junior Subordinated Debt Due 2036 [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_JuniorSubordinatedDebtDue2036Member_lbl" xml:lang="en-US"> Junior Subordinated Debt Due 2036 Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LongTermDebtNotAssumedOrGuaranteedByCorporation" xlink:label="bac_LongTermDebtNotAssumedOrGuaranteedByCorporation"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LongTermDebtNotAssumedOrGuaranteedByCorporation" xlink:to="bac_LongTermDebtNotAssumedOrGuaranteedByCorporation_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LongTermDebtNotAssumedOrGuaranteedByCorporation_lbl" xml:lang="en-US"> Long Term Debt Not Assumed Or Guaranteed By Corporation </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_LongTermDebtNotAssumedOrGuaranteedByCorporation_lbl" xml:lang="en-US"> Long-term debt not assumed or guaranteed by Corporation </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LongTermDebtNotAssumedOrGuaranteedByCorporation_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_AutomobilesMember" xlink:label="us-gaap_AutomobilesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AutomobilesMember" xlink:to="lab_AutomobilesMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_AutomobilesMember" xml:lang="en-US"> Automobiles [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_NotesPayableToBank" xlink:label="us-gaap_NotesPayableToBank"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NotesPayableToBank" xlink:to="lab_NotesPayableToBank"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_NotesPayableToBank" xml:lang="en-US"> Notes Payable to Bank </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ShareholdersEquityTablesAbstract" xlink:label="bac_ShareholdersEquityTablesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ShareholdersEquityTablesAbstract" xlink:to="bac_ShareholdersEquityTablesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ShareholdersEquityTablesAbstract_lbl" xml:lang="en-US"> Shareholders Equity (Tables) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ShareholdersEquityTablesAbstract_lbl" xml:lang="en-US"> Shareholder's Equity (Tables) Abstract. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ShareholdersEquityDetailsAbstract" xlink:label="bac_ShareholdersEquityDetailsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ShareholdersEquityDetailsAbstract" xlink:to="bac_ShareholdersEquityDetailsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ShareholdersEquityDetailsAbstract_lbl" xml:lang="en-US"> Shareholders Equity (Details) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ShareholdersEquityDetailsAbstract_lbl" xml:lang="en-US"> Shareholder's Equity. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PreferredStockExchangesTable" xlink:label="bac_PreferredStockExchangesTable"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PreferredStockExchangesTable" xlink:to="bac_PreferredStockExchangesTable_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PreferredStockExchangesTable_lbl" xml:lang="en-US"> Preferred Stock Exchanges [Table] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PreferredStockExchangesTable_lbl" xml:lang="en-US"> Preferred Stock Exchanges Table. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SeriesKPreferredStockMember" xlink:label="bac_SeriesKPreferredStockMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SeriesKPreferredStockMember" xlink:to="bac_SeriesKPreferredStockMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SeriesKPreferredStockMember_lbl" xml:lang="en-US"> Series K Preferred Stock [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SeriesKPreferredStockMember_lbl" xml:lang="en-US"> Series K Preferred Stock Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SeriesMPreferredStockMember" xlink:label="bac_SeriesMPreferredStockMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SeriesMPreferredStockMember" xlink:to="bac_SeriesMPreferredStockMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SeriesMPreferredStockMember_lbl" xml:lang="en-US"> Series M Preferred Stock [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SeriesMPreferredStockMember_lbl" xml:lang="en-US"> Series M Preferred Stock Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PreferredStockExchangesLineItems" xlink:label="bac_PreferredStockExchangesLineItems"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PreferredStockExchangesLineItems" xlink:to="bac_PreferredStockExchangesLineItems_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PreferredStockExchangesLineItems_lbl" xml:lang="en-US"> Preferred Stock Exchanges [Line Items] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PreferredStockExchangesLineItems_lbl" xml:lang="en-US"> Preferred Stock Exchanges Line Items. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PreferredSharesExchanged" xlink:label="bac_PreferredSharesExchanged"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PreferredSharesExchanged" xlink:to="bac_PreferredSharesExchanged_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PreferredSharesExchanged_lbl" xml:lang="en-US"> Preferred Shares Exchanged </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PreferredSharesExchanged_lbl" xml:lang="en-US"> Preferred Shares Exchanged. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PreferredSharesExchanged_lbl" xml:lang="en-US"> Preferred Shares Exchanged </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PreferredShareExchangedCarryingValue" xlink:label="bac_PreferredShareExchangedCarryingValue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PreferredShareExchangedCarryingValue" xlink:to="bac_PreferredShareExchangedCarryingValue_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PreferredShareExchangedCarryingValue_lbl" xml:lang="en-US"> Preferred Share Exchanged Carrying Value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PreferredShareExchangedCarryingValue_lbl" xml:lang="en-US"> Carrying Value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PreferredShareExchangedCarryingValue_lbl" xml:lang="en-US"> This represents carrying value of preferred shares exchanged. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CommonStockSharesIssuedInPreferredShareExchanged" xlink:label="bac_CommonStockSharesIssuedInPreferredShareExchanged"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CommonStockSharesIssuedInPreferredShareExchanged" xlink:to="bac_CommonStockSharesIssuedInPreferredShareExchanged_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CommonStockSharesIssuedInPreferredShareExchanged_lbl" xml:lang="en-US"> Common Stock Shares Issued In Preferred Share Exchanged </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CommonStockSharesIssuedInPreferredShareExchanged_lbl" xml:lang="en-US"> Common Shares Issued </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CommonStockSharesIssuedInPreferredShareExchanged_lbl" xml:lang="en-US"> This represents the common stock shares issued in preferred shares exchange. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PreferredShareExchangedFairValueOfStockIssued" xlink:label="bac_PreferredShareExchangedFairValueOfStockIssued"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PreferredShareExchangedFairValueOfStockIssued" xlink:to="bac_PreferredShareExchangedFairValueOfStockIssued_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PreferredShareExchangedFairValueOfStockIssued_lbl" xml:lang="en-US"> Preferred Share Exchanged Fair Value Of Stock Issued </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PreferredShareExchangedFairValueOfStockIssued_lbl" xml:lang="en-US"> Fair Value of Stock Issued </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PreferredShareExchangedFairValueOfStockIssued_lbl" xml:lang="en-US"> This represents the fair value of stock issued in preferred shares exchange. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SeriesFourPreferredStockMember" xlink:label="bac_SeriesFourPreferredStockMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SeriesFourPreferredStockMember" xlink:to="bac_SeriesFourPreferredStockMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SeriesFourPreferredStockMember_lbl" xml:lang="en-US"> Series 4 Preferred Stock [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SeriesFourPreferredStockMember_lbl" xml:lang="en-US"> Series Four Preferred Stock Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SeriesSevenPreferredStockMember" xlink:label="bac_SeriesSevenPreferredStockMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SeriesSevenPreferredStockMember" xlink:to="bac_SeriesSevenPreferredStockMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SeriesSevenPreferredStockMember_lbl" xml:lang="en-US"> Series 7 Preferred Stock [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SeriesSevenPreferredStockMember_lbl" xml:lang="en-US"> Series Seven Preferred Stock Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PerpetualPreferredStockMember" xlink:label="bac_PerpetualPreferredStockMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PerpetualPreferredStockMember" xlink:to="bac_PerpetualPreferredStockMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PerpetualPreferredStockMember_lbl" xml:lang="en-US"> Perpetual Preferred Stock [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PerpetualPreferredStockMember_lbl" xml:lang="en-US"> Perpetual Preferred Stock Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SeriesFivePreferredStockMember" xlink:label="bac_SeriesFivePreferredStockMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SeriesFivePreferredStockMember" xlink:to="bac_SeriesFivePreferredStockMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SeriesFivePreferredStockMember_lbl" xml:lang="en-US"> Series 5 Preferred Stock [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SeriesFivePreferredStockMember_lbl" xml:lang="en-US"> Series Five Preferred Stock Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SeriesOnePreferredStockMember" xlink:label="bac_SeriesOnePreferredStockMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SeriesOnePreferredStockMember" xlink:to="bac_SeriesOnePreferredStockMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SeriesOnePreferredStockMember_lbl" xml:lang="en-US"> Series 1 Preferred Stock [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SeriesOnePreferredStockMember_lbl" xml:lang="en-US"> Series One Preferred Stock Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SeriesTwoPreferredStockMember" xlink:label="bac_SeriesTwoPreferredStockMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SeriesTwoPreferredStockMember" xlink:to="bac_SeriesTwoPreferredStockMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SeriesTwoPreferredStockMember_lbl" xml:lang="en-US"> Series 2 Preferred Stock [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SeriesTwoPreferredStockMember_lbl" xml:lang="en-US"> Series Two Preferred Stock Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SeriesThreePreferredStockMember" xlink:label="bac_SeriesThreePreferredStockMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SeriesThreePreferredStockMember" xlink:to="bac_SeriesThreePreferredStockMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SeriesThreePreferredStockMember_lbl" xml:lang="en-US"> Series 3 Preferred Stock [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SeriesThreePreferredStockMember_lbl" xml:lang="en-US"> Series Three Preferred Stock Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SeriesIPreferredStockMember" xlink:label="bac_SeriesIPreferredStockMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SeriesIPreferredStockMember" xlink:to="bac_SeriesIPreferredStockMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SeriesIPreferredStockMember_lbl" xml:lang="en-US"> Series I Preferred Stock [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SeriesIPreferredStockMember_lbl" xml:lang="en-US"> Series I Preferred Stock Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SeriesJPreferredStockMember" xlink:label="bac_SeriesJPreferredStockMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SeriesJPreferredStockMember" xlink:to="bac_SeriesJPreferredStockMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SeriesJPreferredStockMember_lbl" xml:lang="en-US"> Series J Preferred Stock [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SeriesJPreferredStockMember_lbl" xml:lang="en-US"> Series J Preferred Stock Member. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_StatementClassOfStockAxis" xlink:label="us-gaap_StatementClassOfStockAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementClassOfStockAxis" xlink:to="lab_StatementClassOfStockAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_StatementClassOfStockAxis" xml:lang="en-US"> Class of Stock [Axis] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ClassOfStockDomain" xlink:label="us-gaap_ClassOfStockDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ClassOfStockDomain" xlink:to="lab_ClassOfStockDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ClassOfStockDomain" xml:lang="en-US"> Class of Stock [Domain] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_SeriesDPreferredStockMember" xlink:label="us-gaap_SeriesDPreferredStockMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SeriesDPreferredStockMember" xlink:to="lab_SeriesDPreferredStockMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_SeriesDPreferredStockMember" xml:lang="en-US"> Series D Preferred Stock [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_SeriesEPreferredStockMember" xlink:label="us-gaap_SeriesEPreferredStockMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SeriesEPreferredStockMember" xlink:to="lab_SeriesEPreferredStockMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_SeriesEPreferredStockMember" xml:lang="en-US"> Series E Preferred Stock [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_SeriesHPreferredStockMember" xlink:label="us-gaap_SeriesHPreferredStockMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SeriesHPreferredStockMember" xlink:to="lab_SeriesHPreferredStockMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_SeriesHPreferredStockMember" xml:lang="en-US"> Series H Preferred Stock [Member] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PreferredStockSummaryTable" xlink:label="bac_PreferredStockSummaryTable"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PreferredStockSummaryTable" xlink:to="bac_PreferredStockSummaryTable_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PreferredStockSummaryTable_lbl" xml:lang="en-US"> Preferred Stock Summary [Table] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PreferredStockSummaryTable_lbl" xml:lang="en-US"> Preferred Stock Summary Table. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SeriesLPreferredStockMember" xlink:label="bac_SeriesLPreferredStockMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SeriesLPreferredStockMember" xlink:to="bac_SeriesLPreferredStockMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SeriesLPreferredStockMember_lbl" xml:lang="en-US"> Series L Preferred Stock [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SeriesLPreferredStockMember_lbl" xml:lang="en-US"> Series L Preferred Stock Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SeriesSixPreferredStockMember" xlink:label="bac_SeriesSixPreferredStockMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SeriesSixPreferredStockMember" xlink:to="bac_SeriesSixPreferredStockMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SeriesSixPreferredStockMember_lbl" xml:lang="en-US"> Series 6 Preferred Stock [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SeriesSixPreferredStockMember_lbl" xml:lang="en-US"> Series Six Preferred Stock Member. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ConvertiblePreferredStockSubjectToMandatoryRedemptionMember" xlink:label="us-gaap_ConvertiblePreferredStockSubjectToMandatoryRedemptionMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ConvertiblePreferredStockSubjectToMandatoryRedemptionMember" xlink:to="lab_ConvertiblePreferredStockSubjectToMandatoryRedemptionMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ConvertiblePreferredStockSubjectToMandatoryRedemptionMember" xml:lang="en-US"> Mandatorily Convertible [Member] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PreferredStockSummaryLineItems" xlink:label="bac_PreferredStockSummaryLineItems"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PreferredStockSummaryLineItems" xlink:to="bac_PreferredStockSummaryLineItems_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PreferredStockSummaryLineItems_lbl" xml:lang="en-US"> Preferred Stock Summary [Line Items] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PreferredStockSummaryLineItems_lbl" xml:lang="en-US"> Preferred Stock Summary Line Items. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_PreferredStockNumberOfSharesParValueAndOtherDisclosuresAbstract" xlink:label="us-gaap_PreferredStockNumberOfSharesParValueAndOtherDisclosuresAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PreferredStockNumberOfSharesParValueAndOtherDisclosuresAbstract" xlink:to="lab_PreferredStockNumberOfSharesParValueAndOtherDisclosuresAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_PreferredStockNumberOfSharesParValueAndOtherDisclosuresAbstract" xml:lang="en-US"> Preferred Stock Summary </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_PreferredStockNumberOfSharesParValueAndOtherDisclosuresAbstract" xml:lang="en-US"> Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DescriptionOfPreferredStock" xlink:label="bac_DescriptionOfPreferredStock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DescriptionOfPreferredStock" xlink:to="bac_DescriptionOfPreferredStock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DescriptionOfPreferredStock_lbl" xml:lang="en-US"> Description Of Preferred Stock </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_DescriptionOfPreferredStock_lbl" xml:lang="en-US"> Description </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DescriptionOfPreferredStock_lbl" xml:lang="en-US"> This represents the description of preferred stock. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PreferredStockInitialIssuanceDate" xlink:label="bac_PreferredStockInitialIssuanceDate"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PreferredStockInitialIssuanceDate" xlink:to="bac_PreferredStockInitialIssuanceDate_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PreferredStockInitialIssuanceDate_lbl" xml:lang="en-US"> Preferred Stock Initial Issuance Date </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PreferredStockInitialIssuanceDate_lbl" xml:lang="en-US"> Initial Issuance Date </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PreferredStockInitialIssuanceDate_lbl" xml:lang="en-US"> This represents the preferred stock initial issuance date. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_PreferredStockLiquidationPreference" xlink:label="us-gaap_PreferredStockLiquidationPreference"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PreferredStockLiquidationPreference" xlink:to="lab_PreferredStockLiquidationPreference"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_PreferredStockLiquidationPreference" xml:lang="en-US"> Preferred Stock, Liquidation Preference Per Share </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_PreferredStockLiquidationPreference" xml:lang="en-US"> Liquidation Preference per Share </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_PreferredStockIncludingAdditionalPaidInCapital" xlink:label="us-gaap_PreferredStockIncludingAdditionalPaidInCapital"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PreferredStockIncludingAdditionalPaidInCapital" xlink:to="lab_PreferredStockIncludingAdditionalPaidInCapital"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_PreferredStockIncludingAdditionalPaidInCapital" xml:lang="en-US"> Preferred Stock, Including Additional Paid in Capital </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="lab_PreferredStockIncludingAdditionalPaidInCapital" xml:lang="en-US"> Preferred Stock, Including Additional Paid in Capital, Ending Balance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="lab_PreferredStockIncludingAdditionalPaidInCapital" xml:lang="en-US"> Preferred Stock, Including Additional Paid in Capital, Beginning Balance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_PreferredStockIncludingAdditionalPaidInCapital" xml:lang="en-US"> Carrying Value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_PreferredStockIncludingAdditionalPaidInCapital" xml:lang="en-US"> Preferred Stock, Including Additional Paid in Capital, Total </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PerAnnumDividendRate" xlink:label="bac_PerAnnumDividendRate"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PerAnnumDividendRate" xlink:to="bac_PerAnnumDividendRate_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PerAnnumDividendRate_lbl" xml:lang="en-US"> Per Annum Dividend Rate </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PerAnnumDividendRate_lbl" xml:lang="en-US"> This represents the per annum dividend rate. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PerAnnumDividendRate_lbl" xml:lang="en-US"> Per Annum Dividend Rate </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PerAnnumDividendVariableRate" xlink:label="bac_PerAnnumDividendVariableRate"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PerAnnumDividendVariableRate" xlink:to="bac_PerAnnumDividendVariableRate_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PerAnnumDividendVariableRate_lbl" xml:lang="en-US"> Per Annum Dividend Variable Rate </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PerAnnumDividendVariableRate_lbl" xml:lang="en-US"> Per Annum Dividend Variable Rate </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PerAnnumDividendVariableRate_lbl" xml:lang="en-US"> This represents the per annum dividend variable rate. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PreferredStockRedemptionPeriod" xlink:label="bac_PreferredStockRedemptionPeriod"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PreferredStockRedemptionPeriod" xlink:to="bac_PreferredStockRedemptionPeriod_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PreferredStockRedemptionPeriod_lbl" xml:lang="en-US"> Preferred Stock Redemption Period </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PreferredStockRedemptionPeriod_lbl" xml:lang="en-US"> Redemption Period </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PreferredStockRedemptionPeriod_lbl" xml:lang="en-US"> Represents periods when Trust and Hybrid securities may be redeemed. Certain of the Trust Securities were issued at a discount and may be redeemed prior to maturity at the option of the Corporation. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SeriesEightPreferredStockMember" xlink:label="bac_SeriesEightPreferredStockMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SeriesEightPreferredStockMember" xlink:to="bac_SeriesEightPreferredStockMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SeriesEightPreferredStockMember_lbl" xml:lang="en-US"> Series 8 Preferred Stock [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SeriesEightPreferredStockMember_lbl" xml:lang="en-US"> Series Eight Preferred Stock Member. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_PreferredStockDiscountOnShares" xlink:label="us-gaap_PreferredStockDiscountOnShares"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PreferredStockDiscountOnShares" xlink:to="lab_PreferredStockDiscountOnShares"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_PreferredStockDiscountOnShares" xml:lang="en-US"> Preferred Stock, Discount on Shares </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_PreferredStockDiscountOnShares" xml:lang="en-US"> Adjustments related to issuance costs and other purchases </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MinimumInterestRatePerAnnum" xlink:label="bac_MinimumInterestRatePerAnnum"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MinimumInterestRatePerAnnum" xlink:to="bac_MinimumInterestRatePerAnnum_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MinimumInterestRatePerAnnum_lbl" xml:lang="en-US"> Minimum interest rate per annum </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MinimumInterestRatePerAnnum_lbl" xml:lang="en-US"> This represents the minimum interest rate per annum. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_MinimumInterestRatePerAnnum_lbl" xml:lang="en-US"> Minimum interest rate per annum </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NonConvertiblePerpetualPreferredStockExchangesTextualsAbstract" xlink:label="bac_NonConvertiblePerpetualPreferredStockExchangesTextualsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NonConvertiblePerpetualPreferredStockExchangesTextualsAbstract" xlink:to="bac_NonConvertiblePerpetualPreferredStockExchangesTextualsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NonConvertiblePerpetualPreferredStockExchangesTextualsAbstract_lbl" xml:lang="en-US"> Non Convertible Perpetual Preferred Stock Exchanges Textuals Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NonConvertiblePerpetualPreferredStockExchangesTextualsAbstract_lbl" xml:lang="en-US"> Non convertible perpetual preferred stock exchanges (Textuals) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NonConvertiblePerpetualPreferredStockExchangesTextualsAbstract_lbl" xml:lang="en-US"> Non-convertible perpetual preferred stock exchanges Textuals Abstract. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PreferredSharesInducedConversionLiquidationPreference" xlink:label="bac_PreferredSharesInducedConversionLiquidationPreference"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PreferredSharesInducedConversionLiquidationPreference" xlink:to="bac_PreferredSharesInducedConversionLiquidationPreference_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PreferredSharesInducedConversionLiquidationPreference_lbl" xml:lang="en-US"> Preferred Shares induced conversion liquidation preference </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PreferredSharesInducedConversionLiquidationPreference_lbl" xml:lang="en-US"> This represents the value of preferred shares accounted for as ain induced conversion of preferred stock. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PreferredSharesInducedConversionLiquidationPreference_lbl" xml:lang="en-US"> Preferred Shares induced conversion liquidation preference </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PreferredSharesInducedConversion" xlink:label="bac_PreferredSharesInducedConversion"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PreferredSharesInducedConversion" xlink:to="bac_PreferredSharesInducedConversion_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PreferredSharesInducedConversion_lbl" xml:lang="en-US"> Preferred Shares induced conversion </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PreferredSharesInducedConversion_lbl" xml:lang="en-US"> This represents the number of preferred shares accounted for as ain induced conversion of preferred stock. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PreferredSharesInducedConversion_lbl" xml:lang="en-US"> Preferred Shares induced conversion </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities" xlink:label="us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities" xlink:to="lab_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities" xml:lang="en-US"> Stock Issued During Period, Shares, Conversion of Convertible Securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities" xml:lang="en-US"> Mandaotry convertible preferred stock conversion, shares </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities" xml:lang="en-US"> Number of shares of common stock due to agreement of exchange of Non-Cumulative Perpetual Convertible Preferred Stock </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecurities" xlink:label="us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecurities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecurities" xlink:to="lab_StockIssuedDuringPeriodValueConversionOfConvertibleSecurities"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_StockIssuedDuringPeriodValueConversionOfConvertibleSecurities" xml:lang="en-US"> Stock Issued During Period, Value, Conversion of Convertible Securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_StockIssuedDuringPeriodValueConversionOfConvertibleSecurities" xml:lang="en-US"> Mandaotry convertible preferred stock conversion </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_StockIssuedDuringPeriodValueConversionOfConvertibleSecurities" xml:lang="en-US"> Stock Issued During Period, Value, Conversion of Convertible Securities </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NetBenefitDueToExcessOfCarryingValueOfNonConvertiblePreferredStock" xlink:label="bac_NetBenefitDueToExcessOfCarryingValueOfNonConvertiblePreferredStock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NetBenefitDueToExcessOfCarryingValueOfNonConvertiblePreferredStock" xlink:to="bac_NetBenefitDueToExcessOfCarryingValueOfNonConvertiblePreferredStock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NetBenefitDueToExcessOfCarryingValueOfNonConvertiblePreferredStock_lbl" xml:lang="en-US"> Net Benefit Due To Excess Of Carrying Value Of Non Convertible Preferred Stock </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NetBenefitDueToExcessOfCarryingValueOfNonConvertiblePreferredStock_lbl" xml:lang="en-US"> Net benefit due to the excess of the carrying value of Non-convertible preferred stock </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NetBenefitDueToExcessOfCarryingValueOfNonConvertiblePreferredStock_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_PreferredStockConversionsInducements" xlink:label="us-gaap_PreferredStockConversionsInducements"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PreferredStockConversionsInducements" xlink:to="lab_PreferredStockConversionsInducements"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_PreferredStockConversionsInducements" xml:lang="en-US"> Preferred Stock Conversions, Inducements </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_PreferredStockConversionsInducements" xml:lang="en-US"> Excess of fair value of the common stock exchanged over the fair value of common stock </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_SeriesBPreferredStockMember" xlink:label="us-gaap_SeriesBPreferredStockMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SeriesBPreferredStockMember" xlink:to="lab_SeriesBPreferredStockMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_SeriesBPreferredStockMember" xml:lang="en-US"> Series B Preferred Stock [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ScheduleOfSharesSubjectToMandatoryRedemptionBySettlementTermsAxis" xlink:label="us-gaap_ScheduleOfSharesSubjectToMandatoryRedemptionBySettlementTermsAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfSharesSubjectToMandatoryRedemptionBySettlementTermsAxis" xlink:to="lab_ScheduleOfSharesSubjectToMandatoryRedemptionBySettlementTermsAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ScheduleOfSharesSubjectToMandatoryRedemptionBySettlementTermsAxis" xml:lang="en-US"> Schedule of Shares Subject to Mandatory Redemption by Settlement Terms [Axis] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_SharesSubjectToMandatoryRedemptionFinancialInstrumentDomain" xlink:label="us-gaap_SharesSubjectToMandatoryRedemptionFinancialInstrumentDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SharesSubjectToMandatoryRedemptionFinancialInstrumentDomain" xlink:to="lab_SharesSubjectToMandatoryRedemptionFinancialInstrumentDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_SharesSubjectToMandatoryRedemptionFinancialInstrumentDomain" xml:lang="en-US"> Shares Subject to Mandatory Redemption, Financial Instrument [Domain] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_WarrantsIssuedToPurchaseSharesOfCommonStock" xlink:label="bac_WarrantsIssuedToPurchaseSharesOfCommonStock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_WarrantsIssuedToPurchaseSharesOfCommonStock" xlink:to="bac_WarrantsIssuedToPurchaseSharesOfCommonStock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_WarrantsIssuedToPurchaseSharesOfCommonStock_lbl" xml:lang="en-US"> Warrants issued to purchase shares of common stock </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_WarrantsIssuedToPurchaseSharesOfCommonStock_lbl" xml:lang="en-US"> This represents warrants issued to purchase shares of common stock. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_WarrantsIssuedToPurchaseSharesOfCommonStock_lbl" xml:lang="en-US"> Warrants issued to purchase shares of common stock </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ExercisePriceOfCommonStock" xlink:label="bac_ExercisePriceOfCommonStock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ExercisePriceOfCommonStock" xlink:to="bac_ExercisePriceOfCommonStock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ExercisePriceOfCommonStock_lbl" xml:lang="en-US"> Exercise price of common stock </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ExercisePriceOfCommonStock_lbl" xml:lang="en-US"> This represents the exercise price of common stock. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ExercisePriceOfCommonStock_lbl" xml:lang="en-US"> Exercise price of common stock </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AveragePriceOfCommonStock" xlink:label="bac_AveragePriceOfCommonStock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AveragePriceOfCommonStock" xlink:to="bac_AveragePriceOfCommonStock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AveragePriceOfCommonStock_lbl" xml:lang="en-US"> Average price of common stock </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AveragePriceOfCommonStock_lbl" xml:lang="en-US"> This represents the average price of common stock. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AveragePriceOfCommonStock_lbl" xml:lang="en-US"> Average price of common stock </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_GrossProceedsFromAtMarketIssuanceProgram" xlink:label="bac_GrossProceedsFromAtMarketIssuanceProgram"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_GrossProceedsFromAtMarketIssuanceProgram" xlink:to="bac_GrossProceedsFromAtMarketIssuanceProgram_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_GrossProceedsFromAtMarketIssuanceProgram_lbl" xml:lang="en-US"> Gross Proceeds From At Market Issuance Program </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_GrossProceedsFromAtMarketIssuanceProgram_lbl" xml:lang="en-US"> Gross proceeds from at-the-market issuance program </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_GrossProceedsFromAtMarketIssuanceProgram_lbl" xml:lang="en-US"> This represents the gross proceeds from at market issuance program. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TradingDays" xlink:label="bac_TradingDays"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TradingDays" xlink:to="bac_TradingDays_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TradingDays_lbl" xml:lang="en-US"> Trading Days </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TradingDays_lbl" xml:lang="en-US"> This represents the number of trading days in the period. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_TradingDays_lbl" xml:lang="en-US"> Trading Days </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PreferredStockToBeConvertibleIntoCommonShares" xlink:label="bac_PreferredStockToBeConvertibleIntoCommonShares"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PreferredStockToBeConvertibleIntoCommonShares" xlink:to="bac_PreferredStockToBeConvertibleIntoCommonShares_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PreferredStockToBeConvertibleIntoCommonShares_lbl" xml:lang="en-US"> Preferred Stock To Be Convertible Into Common Shares </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PreferredStockToBeConvertibleIntoCommonShares_lbl" xml:lang="en-US"> Preferred Stock converted into common shares </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PreferredStockToBeConvertibleIntoCommonShares_lbl" xml:lang="en-US"> This represents preferred stock to be convertible into common shares. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ConsecutiveTradingDays" xlink:label="bac_ConsecutiveTradingDays"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ConsecutiveTradingDays" xlink:to="bac_ConsecutiveTradingDays_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ConsecutiveTradingDays_lbl" xml:lang="en-US"> Consecutive Trading Days </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ConsecutiveTradingDays_lbl" xml:lang="en-US"> Consecutive trading days </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ConsecutiveTradingDays_lbl" xml:lang="en-US"> This represents the number of consecutive trading days in the period. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CommonStockClosingPriceExceedsThenApplicableConversionPriceOfPreferredStock" xlink:label="bac_CommonStockClosingPriceExceedsThenApplicableConversionPriceOfPreferredStock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CommonStockClosingPriceExceedsThenApplicableConversionPriceOfPreferredStock" xlink:to="bac_CommonStockClosingPriceExceedsThenApplicableConversionPriceOfPreferredStock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CommonStockClosingPriceExceedsThenApplicableConversionPriceOfPreferredStock_lbl" xml:lang="en-US"> Common Stock Closing Price Exceeds Then Applicable Conversion Price Of Preferred Stock </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CommonStockClosingPriceExceedsThenApplicableConversionPriceOfPreferredStock_lbl" xml:lang="en-US"> Common stock closing price exceeds then-applicable conversion price of preferred Stock </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CommonStockClosingPriceExceedsThenApplicableConversionPriceOfPreferredStock_lbl" xml:lang="en-US"> This represents the applicable percent that the common stock closing price needs to exceed for conversion to preferred stock. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_IssuedPerpetualPreferredStockAndWarrants" xlink:label="bac_IssuedPerpetualPreferredStockAndWarrants"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_IssuedPerpetualPreferredStockAndWarrants" xlink:to="bac_IssuedPerpetualPreferredStockAndWarrants_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_IssuedPerpetualPreferredStockAndWarrants_lbl" xml:lang="en-US"> Issued Perpetual Preferred Stock And Warrants </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_IssuedPerpetualPreferredStockAndWarrants_lbl" xml:lang="en-US"> Issued perpetual preferred stock and warrants </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_IssuedPerpetualPreferredStockAndWarrants_lbl" xml:lang="en-US"> This represents the issued perpetual preferred stock and warrants. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_IssuedAdditionalPreferredStock" xlink:label="bac_IssuedAdditionalPreferredStock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_IssuedAdditionalPreferredStock" xlink:to="bac_IssuedAdditionalPreferredStock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_IssuedAdditionalPreferredStock_lbl" xml:lang="en-US"> Issued Additional Preferred Stock </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_IssuedAdditionalPreferredStock_lbl" xml:lang="en-US"> Issued additional preferred stock </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_IssuedAdditionalPreferredStock_lbl" xml:lang="en-US"> This represents the issued additional preferred stock. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ApprovalToRepayPreferredStockInvestmentUnderTarp" xlink:label="bac_ApprovalToRepayPreferredStockInvestmentUnderTarp"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ApprovalToRepayPreferredStockInvestmentUnderTarp" xlink:to="bac_ApprovalToRepayPreferredStockInvestmentUnderTarp_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ApprovalToRepayPreferredStockInvestmentUnderTarp_lbl" xml:lang="en-US"> Approval To Repay Preferred Stock Investment Under Tarp </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ApprovalToRepayPreferredStockInvestmentUnderTarp_lbl" xml:lang="en-US"> Approval to repay the preferred stock investment under TARP </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ApprovalToRepayPreferredStockInvestmentUnderTarp_lbl" xml:lang="en-US"> Approval to repay the preferred stock investment under TARP. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NumberOfCommonEquivalentStockSold" xlink:label="bac_NumberOfCommonEquivalentStockSold"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NumberOfCommonEquivalentStockSold" xlink:to="bac_NumberOfCommonEquivalentStockSold_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NumberOfCommonEquivalentStockSold_lbl" xml:lang="en-US"> Number Of Common Equivalent Stock Sold </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NumberOfCommonEquivalentStockSold_lbl" xml:lang="en-US"> Number of common equivalent stock sold </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NumberOfCommonEquivalentStockSold_lbl" xml:lang="en-US"> This represents the number of common equivalent stock sold. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PreferredStockSummaryTextualsAbstract" xlink:label="bac_PreferredStockSummaryTextualsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PreferredStockSummaryTextualsAbstract" xlink:to="bac_PreferredStockSummaryTextualsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PreferredStockSummaryTextualsAbstract_lbl" xml:lang="en-US"> Preferred Stock Summary Textuals Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PreferredStockSummaryTextualsAbstract_lbl" xml:lang="en-US"> Preferred Stock Summary Textuals Abstract. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PreferredStockSummaryTextualsAbstract_lbl" xml:lang="en-US"> Preferred Stock Summary (Textuals) [Abstract] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PreferredStockSummaryTextBlock" xlink:label="bac_PreferredStockSummaryTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PreferredStockSummaryTextBlock" xlink:to="bac_PreferredStockSummaryTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PreferredStockSummaryTextBlock_lbl" xml:lang="en-US"> Preferred Stock Summary Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PreferredStockSummaryTextBlock_lbl" xml:lang="en-US"> Preferred Stock Summary. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PreferredStockSummaryTextBlock_lbl" xml:lang="en-US"> Preferred Stock Summary </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AccumulatedOtherComprehensiveIncomeTable" xlink:label="bac_AccumulatedOtherComprehensiveIncomeTable"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AccumulatedOtherComprehensiveIncomeTable" xlink:to="bac_AccumulatedOtherComprehensiveIncomeTable_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AccumulatedOtherComprehensiveIncomeTable_lbl" xml:lang="en-US"> Accumulated Other Comprehensive Income [Table] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AccumulatedOtherComprehensiveIncomeTable_lbl" xml:lang="en-US"> Accumulated Other Comprehensive Income Table. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AccumulatedOtherComprehensiveIncomeLineItems" xlink:label="bac_AccumulatedOtherComprehensiveIncomeLineItems"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AccumulatedOtherComprehensiveIncomeLineItems" xlink:to="bac_AccumulatedOtherComprehensiveIncomeLineItems_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AccumulatedOtherComprehensiveIncomeLineItems_lbl" xml:lang="en-US"> Accumulated Other Comprehensive Income [Line Items] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AccumulatedOtherComprehensiveIncomeLineItems_lbl" xml:lang="en-US"> Accumulated Other Comprehensive Income Line Items. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AcceleratedAccretionFromRedemptionOfPreferredStock" xlink:label="bac_AcceleratedAccretionFromRedemptionOfPreferredStock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AcceleratedAccretionFromRedemptionOfPreferredStock" xlink:to="bac_AcceleratedAccretionFromRedemptionOfPreferredStock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AcceleratedAccretionFromRedemptionOfPreferredStock_lbl" xml:lang="en-US"> Accelerated Accretion From Redemption Of Preferred Stock </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AcceleratedAccretionFromRedemptionOfPreferredStock_lbl" xml:lang="en-US"> Accelerated accretion from redemption of preferred stock issued to the U.S. Treasury </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AcceleratedAccretionFromRedemptionOfPreferredStock_lbl" xml:lang="en-US"> This represents the accelerated accretion from the redemption of preferred stock. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_EarningsPerCommonShareTextualAbstract" xlink:label="bac_EarningsPerCommonShareTextualAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_EarningsPerCommonShareTextualAbstract" xlink:to="bac_EarningsPerCommonShareTextualAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_EarningsPerCommonShareTextualAbstract_lbl" xml:lang="en-US"> Earnings Per Common Share Textual Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_EarningsPerCommonShareTextualAbstract_lbl" xml:lang="en-US"> Earnings Per Common Share Textual Abstract. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_EarningsPerCommonShareTextualAbstract_lbl" xml:lang="en-US"> Earnings Per Common Share (Textual) [Abstract] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_RegulatoryRequirementsAndRestrictionsTablesAbstract" xlink:label="bac_RegulatoryRequirementsAndRestrictionsTablesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_RegulatoryRequirementsAndRestrictionsTablesAbstract" xlink:to="bac_RegulatoryRequirementsAndRestrictionsTablesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_RegulatoryRequirementsAndRestrictionsTablesAbstract_lbl" xml:lang="en-US"> Regulatory Requirements and Restrictions (Tables) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_RegulatoryRequirementsAndRestrictionsTablesAbstract_lbl" xml:lang="en-US"> Regulatory Requirements and Restrictions Tables Abstract. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ScheduleOfComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsTextBlock" xlink:label="us-gaap_ScheduleOfComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsTextBlock" xlink:to="lab_ScheduleOfComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ScheduleOfComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsTextBlock" xml:lang="en-US"> Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations [Text Block] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ScheduleOfComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsTextBlock" xml:lang="en-US"> Regulatory Capital </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_RegulatoryRequirementsAndRestrictionsDetailsAbstract" xlink:label="bac_RegulatoryRequirementsAndRestrictionsDetailsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_RegulatoryRequirementsAndRestrictionsDetailsAbstract" xlink:to="bac_RegulatoryRequirementsAndRestrictionsDetailsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_RegulatoryRequirementsAndRestrictionsDetailsAbstract_lbl" xml:lang="en-US"> Regulatory Requirements and Restrictions (Details) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_RegulatoryRequirementsAndRestrictionsDetailsAbstract_lbl" xml:lang="en-US"> Regulatory Requirements and Restrictions Details Abstract. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_BankingSubsidiaryOneMember" xlink:label="bac_BankingSubsidiaryOneMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_BankingSubsidiaryOneMember" xlink:to="bac_BankingSubsidiaryOneMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_BankingSubsidiaryOneMember_lbl" xml:lang="en-US"> Bank of America , N.A. [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_BankingSubsidiaryOneMember_lbl" xml:lang="en-US"> Bank of America , N.A. [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_BankingSubsidiaryOneMember_lbl" xml:lang="en-US"> Banking Subsidiary One Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_BankingSubsidiaryMember" xlink:label="bac_BankingSubsidiaryMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_BankingSubsidiaryMember" xlink:to="bac_BankingSubsidiaryMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_BankingSubsidiaryMember_lbl" xml:lang="en-US"> FIA Card Services, N.A. [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_BankingSubsidiaryMember_lbl" xml:lang="en-US"> Banking subsidiary. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_BankingSubsidiaryMember_lbl" xml:lang="en-US"> FIA Card Services, N.A. [Member] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_OtherSubsidiaryMember" xlink:label="bac_OtherSubsidiaryMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_OtherSubsidiaryMember" xlink:to="bac_OtherSubsidiaryMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_OtherSubsidiaryMember_lbl" xml:lang="en-US"> National Banks [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_OtherSubsidiaryMember_lbl" xml:lang="en-US"> Other subsidiary. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_OtherSubsidiaryMember_lbl" xml:lang="en-US"> National Banks [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_SummaryOfComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsAbstract" xlink:label="us-gaap_SummaryOfComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SummaryOfComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsAbstract" xlink:to="lab_SummaryOfComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_SummaryOfComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsAbstract" xml:lang="en-US"> Summary of Compliance with Regulatory Capital Requirements under Banking Regulations [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_SummaryOfComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsAbstract" xml:lang="en-US"> Regulatory Capital </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CapitalToRiskWeightedAssets" xlink:label="us-gaap_CapitalToRiskWeightedAssets"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CapitalToRiskWeightedAssets" xlink:to="lab_CapitalToRiskWeightedAssets"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CapitalToRiskWeightedAssets" xml:lang="en-US"> Capital to Risk Weighted Assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_CapitalToRiskWeightedAssets" xml:lang="en-US"> Tier 1 common capital ratio </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_Capital" xlink:label="us-gaap_Capital"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Capital" xlink:to="lab_Capital"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_Capital" xml:lang="en-US"> Capital </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_Capital" xml:lang="en-US"> Tier 1 common capital </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_Capital" xml:lang="en-US"> Tier 1 common Actual Amount </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CapitalRequiredForCapitalAdequacy" xlink:label="us-gaap_CapitalRequiredForCapitalAdequacy"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CapitalRequiredForCapitalAdequacy" xlink:to="lab_CapitalRequiredForCapitalAdequacy"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_CapitalRequiredForCapitalAdequacy" xml:lang="en-US"> Tier 1 common Minimum Required </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CapitalRequiredForCapitalAdequacy" xml:lang="en-US"> Capital Required for Capital Adequacy </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_TierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets" xlink:label="us-gaap_TierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets" xlink:to="lab_TierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_TierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets" xml:lang="en-US"> Tier One Risk Based Capital Required for Capital Adequacy to Risk Weighted Assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_TierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets" xml:lang="en-US"> Minimum Adequately Capitalized Regulatory Requirements, Tier 1 Capital Ratio </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_TierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets" xml:lang="en-US"> Tier 1 Actual Ratio </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_TierOneRiskBasedCapital" xlink:label="us-gaap_TierOneRiskBasedCapital"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TierOneRiskBasedCapital" xlink:to="lab_TierOneRiskBasedCapital"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_TierOneRiskBasedCapital" xml:lang="en-US"> Tier One Risk Based Capital </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_TierOneRiskBasedCapital" xml:lang="en-US"> Tier 1 Actual Amount </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_TierOneRiskBasedCapitalRequiredForCapitalAdequacy" xlink:label="us-gaap_TierOneRiskBasedCapitalRequiredForCapitalAdequacy"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TierOneRiskBasedCapitalRequiredForCapitalAdequacy" xlink:to="lab_TierOneRiskBasedCapitalRequiredForCapitalAdequacy"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_TierOneRiskBasedCapitalRequiredForCapitalAdequacy" xml:lang="en-US"> Tier 1 Minimum Required </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_TierOneRiskBasedCapitalRequiredForCapitalAdequacy" xml:lang="en-US"> Tier One Risk Based Capital Required for Capital Adequacy </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TotalCapitalAndTierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets" xlink:label="bac_TotalCapitalAndTierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TotalCapitalAndTierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets" xlink:to="bac_TotalCapitalAndTierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TotalCapitalAndTierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets_lbl" xml:lang="en-US"> Total Capital And Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_TotalCapitalAndTierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets_lbl" xml:lang="en-US"> Total Tier 1 Actual Ratio </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TotalCapitalAndTierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TotalCapitalAndTierOneRiskBasedCapital" xlink:label="bac_TotalCapitalAndTierOneRiskBasedCapital"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TotalCapitalAndTierOneRiskBasedCapital" xlink:to="bac_TotalCapitalAndTierOneRiskBasedCapital_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TotalCapitalAndTierOneRiskBasedCapital_lbl" xml:lang="en-US"> Total Capital And Tier One Risk Based Capital </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_TotalCapitalAndTierOneRiskBasedCapital_lbl" xml:lang="en-US"> Total Tier 1 Actual Amount </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TotalCapitalAndTierOneRiskBasedCapital_lbl" xml:lang="en-US"> Total Risk Based Capital as defined in the regulations. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TotalCapitalAndTierOneRiskBasedCapitalRequiredForCapitalAdequacy" xlink:label="bac_TotalCapitalAndTierOneRiskBasedCapitalRequiredForCapitalAdequacy"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TotalCapitalAndTierOneRiskBasedCapitalRequiredForCapitalAdequacy" xlink:to="bac_TotalCapitalAndTierOneRiskBasedCapitalRequiredForCapitalAdequacy_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TotalCapitalAndTierOneRiskBasedCapitalRequiredForCapitalAdequacy_lbl" xml:lang="en-US"> Total Capital And Tier One Risk Based Capital Required For Capital Adequacy </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_TotalCapitalAndTierOneRiskBasedCapitalRequiredForCapitalAdequacy_lbl" xml:lang="en-US"> Total Tier 1 Minimum Required </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TotalCapitalAndTierOneRiskBasedCapitalRequiredForCapitalAdequacy_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_TierOneLeverageCapitalToAverageAssets" xlink:label="us-gaap_TierOneLeverageCapitalToAverageAssets"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TierOneLeverageCapitalToAverageAssets" xlink:to="lab_TierOneLeverageCapitalToAverageAssets"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_TierOneLeverageCapitalToAverageAssets" xml:lang="en-US"> Tier 1 leverage Actual Ratio </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_TierOneLeverageCapitalToAverageAssets" xml:lang="en-US"> Tier One Leverage Capital to Average Assets </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_TierOneLeverageCapital" xlink:label="us-gaap_TierOneLeverageCapital"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TierOneLeverageCapital" xlink:to="lab_TierOneLeverageCapital"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_TierOneLeverageCapital" xml:lang="en-US"> Tier 1 leverage Actual Amount </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_TierOneLeverageCapital" xml:lang="en-US"> Tier One Leverage Capital </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_TierOneLeverageCapitalRequiredForCapitalAdequacy" xlink:label="us-gaap_TierOneLeverageCapitalRequiredForCapitalAdequacy"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TierOneLeverageCapitalRequiredForCapitalAdequacy" xlink:to="lab_TierOneLeverageCapitalRequiredForCapitalAdequacy"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_TierOneLeverageCapitalRequiredForCapitalAdequacy" xml:lang="en-US"> Tier 1 leverage Minimum Required </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_TierOneLeverageCapitalRequiredForCapitalAdequacy" xml:lang="en-US"> Tier One Leverage Capital Required for Capital Adequacy </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ScheduleOfComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsTable" xlink:label="us-gaap_ScheduleOfComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsTable"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsTable" xlink:to="lab_ScheduleOfComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsTable"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ScheduleOfComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsTable" xml:lang="en-US"> Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations [Table] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsLineItems" xlink:label="us-gaap_ComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsLineItems"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsLineItems" xlink:to="lab_ComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsLineItems"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsLineItems" xml:lang="en-US"> Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_RegulatoryRequirementsAndRestrictionsTextualsAbstract" xlink:label="bac_RegulatoryRequirementsAndRestrictionsTextualsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_RegulatoryRequirementsAndRestrictionsTextualsAbstract" xlink:to="bac_RegulatoryRequirementsAndRestrictionsTextualsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_RegulatoryRequirementsAndRestrictionsTextualsAbstract_lbl" xml:lang="en-US"> Regulatory Requirements and Restrictions Textuals Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_RegulatoryRequirementsAndRestrictionsTextualsAbstract_lbl" xml:lang="en-US"> Regulatory Requirements and Restrictions </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_RegulatoryRequirementsAndRestrictionsTextualsAbstract_lbl" xml:lang="en-US"> Regulatory Requirements and Restrictions (Textuals) [Abstract] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ShareholdersEquityTextualsAbstract" xlink:label="bac_ShareholdersEquityTextualsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ShareholdersEquityTextualsAbstract" xlink:to="bac_ShareholdersEquityTextualsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ShareholdersEquityTextualsAbstract_lbl" xml:lang="en-US"> Shareholders Equity Textuals Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ShareholdersEquityTextualsAbstract_lbl" xml:lang="en-US"> Shareholders Equity. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ShareholdersEquityTextualsAbstract_lbl" xml:lang="en-US"> Shareholders Equity (Textuals) [Abstract] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DepositsTable" xlink:label="bac_DepositsTable"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DepositsTable" xlink:to="bac_DepositsTable_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DepositsTable_lbl" xml:lang="en-US"> Deposits [Table] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DepositsTable_lbl" xml:lang="en-US"> Deposits Table. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AverageDailyReserveBalancesRequiredByFederalReserve" xlink:label="bac_AverageDailyReserveBalancesRequiredByFederalReserve"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AverageDailyReserveBalancesRequiredByFederalReserve" xlink:to="bac_AverageDailyReserveBalancesRequiredByFederalReserve_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AverageDailyReserveBalancesRequiredByFederalReserve_lbl" xml:lang="en-US"> Average Daily Reserve Balances Required By Federal Reserve </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AverageDailyReserveBalancesRequiredByFederalReserve_lbl" xml:lang="en-US"> Average daily reserve balances required by the Federal Reserve </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AverageDailyReserveBalancesRequiredByFederalReserve_lbl" xml:lang="en-US"> Represents the average daily reserve balances required by the Federal Reserve. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AverageDailyReserveBalancesInExcessOfVaultCashHeldWithFederalReserve" xlink:label="bac_AverageDailyReserveBalancesInExcessOfVaultCashHeldWithFederalReserve"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AverageDailyReserveBalancesInExcessOfVaultCashHeldWithFederalReserve" xlink:to="bac_AverageDailyReserveBalancesInExcessOfVaultCashHeldWithFederalReserve_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AverageDailyReserveBalancesInExcessOfVaultCashHeldWithFederalReserve_lbl" xml:lang="en-US"> Average Daily Reserve Balances In Excess Of Vault Cash Held With Federal Reserve </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AverageDailyReserveBalancesInExcessOfVaultCashHeldWithFederalReserve_lbl" xml:lang="en-US"> Average daily reserve balances, in excess of vault cash, held with the Federal Reserve </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AverageDailyReserveBalancesInExcessOfVaultCashHeldWithFederalReserve_lbl" xml:lang="en-US"> Represents the average daily reserve balances, in excess of vault cash, held with the Federal Reserve. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ProceedsFromDividendsReceived" xlink:label="us-gaap_ProceedsFromDividendsReceived"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromDividendsReceived" xlink:to="lab_ProceedsFromDividendsReceived"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ProceedsFromDividendsReceived" xml:lang="en-US"> Proceeds from Dividends Received </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ProceedsFromDividendsReceived" xml:lang="en-US"> Dividends received by corporation from Bank of America, N.A. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DividendExpectedToBeDeclaredAndPaidToCorporationBySubsidiary" xlink:label="bac_DividendExpectedToBeDeclaredAndPaidToCorporationBySubsidiary"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DividendExpectedToBeDeclaredAndPaidToCorporationBySubsidiary" xlink:to="bac_DividendExpectedToBeDeclaredAndPaidToCorporationBySubsidiary_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DividendExpectedToBeDeclaredAndPaidToCorporationBySubsidiary_lbl" xml:lang="en-US"> Dividend Expected To Be Declared And Paid To Corporation By Subsidiary </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_DividendExpectedToBeDeclaredAndPaidToCorporationBySubsidiary_lbl" xml:lang="en-US"> Dividend expected to be declared and paid to the corporation by Bank of America, N.A. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DividendExpectedToBeDeclaredAndPaidToCorporationBySubsidiary_lbl" xml:lang="en-US"> Represents the dividend expected to be declared and paid to the corporation by Bank of America, N.A. based on profit. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DividendExpectedToBeDeclaredAndPaidToCorporationBySubsidiaryBasedOnProfit" xlink:label="bac_DividendExpectedToBeDeclaredAndPaidToCorporationBySubsidiaryBasedOnProfit"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DividendExpectedToBeDeclaredAndPaidToCorporationBySubsidiaryBasedOnProfit" xlink:to="bac_DividendExpectedToBeDeclaredAndPaidToCorporationBySubsidiaryBasedOnProfit_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DividendExpectedToBeDeclaredAndPaidToCorporationBySubsidiaryBasedOnProfit_lbl" xml:lang="en-US"> Dividend expected to be declared and paid to the corporation by subsidiary in addition to net profit for 2011 </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DividendExpectedToBeDeclaredAndPaidToCorporationBySubsidiaryBasedOnProfit_lbl" xml:lang="en-US"> Represents dividend expected to be declared and paid to the corporation by other subsidiary national banks based on profit. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_DividendExpectedToBeDeclaredAndPaidToCorporationBySubsidiaryBasedOnProfit_lbl" xml:lang="en-US"> Dividend expected to be declared and paid to the corporation by subsidiary in addition to net profit for 2011 </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_UnsecuredSubordinatedDebtMaturityPeriod" xlink:label="bac_UnsecuredSubordinatedDebtMaturityPeriod"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_UnsecuredSubordinatedDebtMaturityPeriod" xlink:to="bac_UnsecuredSubordinatedDebtMaturityPeriod_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_UnsecuredSubordinatedDebtMaturityPeriod_lbl" xml:lang="en-US"> Unsecured Subordinated Debt Maturity Period </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_UnsecuredSubordinatedDebtMaturityPeriod_lbl" xml:lang="en-US"> Fully paid, Unsecured subordinated debt maturity period </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_UnsecuredSubordinatedDebtMaturityPeriod_lbl" xml:lang="en-US"> Represents the maturity period for unsecured subordinated debt in years. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SubordinatedDebtQualifiedAsTier3Capital" xlink:label="bac_SubordinatedDebtQualifiedAsTier3Capital"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SubordinatedDebtQualifiedAsTier3Capital" xlink:to="bac_SubordinatedDebtQualifiedAsTier3Capital_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SubordinatedDebtQualifiedAsTier3Capital_lbl" xml:lang="en-US"> Subordinated Debt Qualified As Tier 3 Capital </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_SubordinatedDebtQualifiedAsTier3Capital_lbl" xml:lang="en-US"> Subordinated debt that qualified as tier 3 capital </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SubordinatedDebtQualifiedAsTier3Capital_lbl" xml:lang="en-US"> Represents the subordinated debt that qualified as Tier 3 capital. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TierOneCoreCapitalElementsLimitForInternationallyActiveBankHoldingCompaniesInPercentage" xlink:label="bac_TierOneCoreCapitalElementsLimitForInternationallyActiveBankHoldingCompaniesInPercentage"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TierOneCoreCapitalElementsLimitForInternationallyActiveBankHoldingCompaniesInPercentage" xlink:to="bac_TierOneCoreCapitalElementsLimitForInternationallyActiveBankHoldingCompaniesInPercentage_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TierOneCoreCapitalElementsLimitForInternationallyActiveBankHoldingCompaniesInPercentage_lbl" xml:lang="en-US"> Tier One Core Capital Elements Limit For Internationally Active Bank Holding Companies In Percentage </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_TierOneCoreCapitalElementsLimitForInternationallyActiveBankHoldingCompaniesInPercentage_lbl" xml:lang="en-US"> Tier One Core Capital Elements limit For Internationally Active Bank Holding Companies In Percentage </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TierOneCoreCapitalElementsLimitForInternationallyActiveBankHoldingCompaniesInPercentage_lbl" xml:lang="en-US"> Represents the Tier 1 core capital elements limit for internationally active bank holding companies as a percentage. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CorporationsRestrictedCoreCapitalElementsComprisedOfTotalCoreCapitalElementsInPercentage" xlink:label="bac_CorporationsRestrictedCoreCapitalElementsComprisedOfTotalCoreCapitalElementsInPercentage"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CorporationsRestrictedCoreCapitalElementsComprisedOfTotalCoreCapitalElementsInPercentage" xlink:to="bac_CorporationsRestrictedCoreCapitalElementsComprisedOfTotalCoreCapitalElementsInPercentage_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CorporationsRestrictedCoreCapitalElementsComprisedOfTotalCoreCapitalElementsInPercentage_lbl" xml:lang="en-US"> Corporations Restricted Core Capital Elements Comprised Of Total Core Capital Elements In Percentage </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CorporationsRestrictedCoreCapitalElementsComprisedOfTotalCoreCapitalElementsInPercentage_lbl" xml:lang="en-US"> Corporation's Restricted Core Capital Elements Comprised Of Total Core Capital Elements In Percentage </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CorporationsRestrictedCoreCapitalElementsComprisedOfTotalCoreCapitalElementsInPercentage_lbl" xml:lang="en-US"> Represents the corporation's restricted core capital elements comprised of total core capital elements as a percentage. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TotalRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets" xlink:label="bac_TotalRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TotalRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets" xlink:to="bac_TotalRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TotalRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets_lbl" xml:lang="en-US"> Total Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_TotalRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets_lbl" xml:lang="en-US"> Minimum Adequately Capitalized Regulatory Requirements, Total Capitalized Ratio </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TotalRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets_lbl" xml:lang="en-US"> The minimum Total Capital Ratio (Total capital divided by risk-weighted assets) required for capital adequacy purposes under the regulatory framework for prompt corrective action. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MinimumCapitalRatios" xlink:label="bac_MinimumCapitalRatios"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MinimumCapitalRatios" xlink:to="bac_MinimumCapitalRatios_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MinimumCapitalRatios_lbl" xml:lang="en-US"> Minimum Capital Ratios </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_MinimumCapitalRatios_lbl" xml:lang="en-US"> Minimum capital ratios </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MinimumCapitalRatios_lbl" xml:lang="en-US"> Represents the minimum capital ratios an institution is required to maintain to be categorized as well-capitalized. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_TierOneLeverageCapitalRequiredToBeWellCapitalizedToAverageAssets" xlink:label="us-gaap_TierOneLeverageCapitalRequiredToBeWellCapitalizedToAverageAssets"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TierOneLeverageCapitalRequiredToBeWellCapitalizedToAverageAssets" xlink:to="us-gaap_TierOneLeverageCapitalRequiredToBeWellCapitalizedToAverageAssets_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_TierOneLeverageCapitalRequiredToBeWellCapitalizedToAverageAssets_lbl" xml:lang="en-US"> Tier One Leverage Capital Required To Be Well Capitalized To Average Assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_TierOneLeverageCapitalRequiredToBeWellCapitalizedToAverageAssets_lbl" xml:lang="en-US"> To be classified as "well-capitalized" National banks must maintain a Tier 1 leverage ratio of at least </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TotalCapitalRatioIncludesMaximumNetUnrealizedPreTaxGainsOnAfsMarketableEquitySecurities" xlink:label="bac_TotalCapitalRatioIncludesMaximumNetUnrealizedPreTaxGainsOnAfsMarketableEquitySecurities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TotalCapitalRatioIncludesMaximumNetUnrealizedPreTaxGainsOnAfsMarketableEquitySecurities" xlink:to="bac_TotalCapitalRatioIncludesMaximumNetUnrealizedPreTaxGainsOnAfsMarketableEquitySecurities_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TotalCapitalRatioIncludesMaximumNetUnrealizedPreTaxGainsOnAfsMarketableEquitySecurities_lbl" xml:lang="en-US"> Total Capital Ratio Includes Maximum Net Unrealized Pre Tax Gains On Afs Marketable Equity Securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_TotalCapitalRatioIncludesMaximumNetUnrealizedPreTaxGainsOnAfsMarketableEquitySecurities_lbl" xml:lang="en-US"> The total capital ratio includes maximum net unrealized pre-tax gains on AFS marketable equity securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TotalCapitalRatioIncludesMaximumNetUnrealizedPreTaxGainsOnAfsMarketableEquitySecurities_lbl" xml:lang="en-US"> Represents the maximum net unrealized pre-tax gains on AFS marketable equity securities included in the total capital ratio. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTextBlock" xlink:label="us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTextBlock" xlink:to="lab_ScheduleOfDefinedBenefitPlansDisclosuresTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ScheduleOfDefinedBenefitPlansDisclosuresTextBlock" xml:lang="en-US"> Schedule of Defined Benefit Plans Disclosures [Text Block] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ScheduleOfDefinedBenefitPlansDisclosuresTextBlock" xml:lang="en-US"> The changes in the fair value of plan assets, projected benefit obligation, the funded status of both the accumulated benefit obligation and the weighted-average assumptions used to determine benefit obligations for the pension plans and postretirement plans </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SubsidiaryOneMember" xlink:label="bac_SubsidiaryOneMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SubsidiaryOneMember" xlink:to="bac_SubsidiaryOneMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SubsidiaryOneMember_lbl" xml:lang="en-US"> Merrill Lynch [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_SubsidiaryOneMember_lbl" xml:lang="en-US"> Merrill Lynch [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SubsidiaryOneMember_lbl" xml:lang="en-US"> Subsidiary One Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ChangesInFairValueOfPlanAssetsProjectedBenefitObligationFundedStatusOfBothAccumulatedBenefitObligationAndWeightedAverageAssumptionsUsedToDetermineBenefitObligationsForPensionPlansAndPostretirementPlansAbstract" xlink:label="bac_ChangesInFairValueOfPlanAssetsProjectedBenefitObligationFundedStatusOfBothAccumulatedBenefitObligationAndWeightedAverageAssumptionsUsedToDetermineBenefitObligationsForPensionPlansAndPostretirementPlansAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ChangesInFairValueOfPlanAssetsProjectedBenefitObligationFundedStatusOfBothAccumulatedBenefitObligationAndWeightedAverageAssumptionsUsedToDetermineBenefitObligationsForPensionPlansAndPostretirementPlansAbstract" xlink:to="bac_ChangesInFairValueOfPlanAssetsProjectedBenefitObligationFundedStatusOfBothAccumulatedBenefitObligationAndWeightedAverageAssumptionsUsedToDetermineBenefitObligationsForPensionPlansAndPostretirementPlansAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ChangesInFairValueOfPlanAssetsProjectedBenefitObligationFundedStatusOfBothAccumulatedBenefitObligationAndWeightedAverageAssumptionsUsedToDetermineBenefitObligationsForPensionPlansAndPostretirementPlansAbstract_lbl" xml:lang="en-US"> Changes In Fair Value Of Plan Assets Projected Benefit Obligation Funded Status Of Both Accumulated Benefit Obligation And Weighted Average Assumptions Used To Determine Benefit Obligations For Pension Plans And Postretirement Plans Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ChangesInFairValueOfPlanAssetsProjectedBenefitObligationFundedStatusOfBothAccumulatedBenefitObligationAndWeightedAverageAssumptionsUsedToDetermineBenefitObligationsForPensionPlansAndPostretirementPlansAbstract_lbl" xml:lang="en-US"> The changes in the fair value of plan assets, projected benefit obligation, the funded status of both the accumulated benefit obligation and the weighted-average assumptions used to determine benefit obligations for the pension plans and postretirement plans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ChangesInFairValueOfPlanAssetsProjectedBenefitObligationFundedStatusOfBothAccumulatedBenefitObligationAndWeightedAverageAssumptionsUsedToDetermineBenefitObligationsForPensionPlansAndPostretirementPlansAbstract_lbl" xml:lang="en-US"> The changes in the fair value of plan assets, projected benefit obligation, the funded status of both the accumulated benefit obligation and the weighted-average assumptions used to determine benefit obligations for the pension plans and postretirement plans. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanChangeInFairValueOfPlanAssetsRollForward" xlink:label="us-gaap_DefinedBenefitPlanChangeInFairValueOfPlanAssetsRollForward"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanChangeInFairValueOfPlanAssetsRollForward" xlink:to="lab_DefinedBenefitPlanChangeInFairValueOfPlanAssetsRollForward"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanChangeInFairValueOfPlanAssetsRollForward" xml:lang="en-US"> Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DefinedBenefitPlanChangeInFairValueOfPlanAssetsRollForward" xml:lang="en-US"> Change in fair value of plan assets </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanFairValueOfPlanAssets" xlink:label="us-gaap_DefinedBenefitPlanFairValueOfPlanAssets"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanFairValueOfPlanAssets" xlink:to="lab_DefinedBenefitPlanFairValueOfPlanAssets"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanFairValueOfPlanAssets" xml:lang="en-US"> Defined Benefit Plan, Fair Value of Plan Assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="lab_DefinedBenefitPlanFairValueOfPlanAssets" xml:lang="en-US"> Ending Balance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="lab_DefinedBenefitPlanFairValueOfPlanAssets" xml:lang="en-US"> Beginning Balance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DefinedBenefitPlanFairValueOfPlanAssets" xml:lang="en-US"> Plan investment assets, at fair value </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanActualReturnOnPlanAssets" xlink:label="us-gaap_DefinedBenefitPlanActualReturnOnPlanAssets"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanActualReturnOnPlanAssets" xlink:to="lab_DefinedBenefitPlanActualReturnOnPlanAssets"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanActualReturnOnPlanAssets" xml:lang="en-US"> Defined Benefit Plan, Actual Return on Plan Assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_DefinedBenefitPlanActualReturnOnPlanAssets" xml:lang="en-US"> Defined Benefit Plan, Actual Return on Plan Assets, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DefinedBenefitPlanActualReturnOnPlanAssets" xml:lang="en-US"> Actual return on plan assets </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanContributionsByPlanParticipants" xlink:label="us-gaap_DefinedBenefitPlanContributionsByPlanParticipants"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanContributionsByPlanParticipants" xlink:to="lab_DefinedBenefitPlanContributionsByPlanParticipants"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanContributionsByPlanParticipants" xml:lang="en-US"> Defined Benefit Plan, Contributions by Plan Participants </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DefinedBenefitPlanContributionsByPlanParticipants" xml:lang="en-US"> Plan participant contributions </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanBenefitsPaid" xlink:label="us-gaap_DefinedBenefitPlanBenefitsPaid"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanBenefitsPaid" xlink:to="lab_DefinedBenefitPlanBenefitsPaid"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanBenefitsPaid" xml:lang="en-US"> Defined Benefit Plan, Benefits Paid </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DefinedBenefitPlanBenefitsPaid" xml:lang="en-US"> Benefits paid </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PlanTransfer" xlink:label="bac_PlanTransfer"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PlanTransfer" xlink:to="bac_PlanTransfer_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PlanTransfer_lbl" xml:lang="en-US"> Plan Transfer </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PlanTransfer_lbl" xml:lang="en-US"> This represents the amount transferred between employee benefit plans. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PlanTransfer_lbl" xml:lang="en-US"> Plan Transfer </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FederalSubsidyOnBenefitsPaid" xlink:label="bac_FederalSubsidyOnBenefitsPaid"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FederalSubsidyOnBenefitsPaid" xlink:to="bac_FederalSubsidyOnBenefitsPaid_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FederalSubsidyOnBenefitsPaid_lbl" xml:lang="en-US"> Federal Subsidy On Benefits Paid </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FederalSubsidyOnBenefitsPaid_lbl" xml:lang="en-US"> Federal subsidy on benefits paid </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FederalSubsidyOnBenefitsPaid_lbl" xml:lang="en-US"> This represents the amount of federal subsidy on benefits paid. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanForeignCurrencyExchangeRateChangesPlanAssets" xlink:label="us-gaap_DefinedBenefitPlanForeignCurrencyExchangeRateChangesPlanAssets"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanForeignCurrencyExchangeRateChangesPlanAssets" xlink:to="lab_DefinedBenefitPlanForeignCurrencyExchangeRateChangesPlanAssets"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanForeignCurrencyExchangeRateChangesPlanAssets" xml:lang="en-US"> Defined Benefit Plan, Foreign Currency Exchange Rate Changes, Plan Assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DefinedBenefitPlanForeignCurrencyExchangeRateChangesPlanAssets" xml:lang="en-US"> Foreign currency exchange rate changes </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanChangeInBenefitObligationRollForward" xlink:label="us-gaap_DefinedBenefitPlanChangeInBenefitObligationRollForward"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanChangeInBenefitObligationRollForward" xlink:to="lab_DefinedBenefitPlanChangeInBenefitObligationRollForward"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanChangeInBenefitObligationRollForward" xml:lang="en-US"> Defined Benefit Plan, Change in Benefit Obligation [Roll Forward] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DefinedBenefitPlanChangeInBenefitObligationRollForward" xml:lang="en-US"> Change in projected benefit obligation </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanBenefitObligation" xlink:label="us-gaap_DefinedBenefitPlanBenefitObligation"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanBenefitObligation" xlink:to="lab_DefinedBenefitPlanBenefitObligation"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanBenefitObligation" xml:lang="en-US"> Defined Benefit Plan, Benefit Obligation </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="lab_DefinedBenefitPlanBenefitObligation" xml:lang="en-US"> Projected benefit obligation, Ending Balance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="lab_DefinedBenefitPlanBenefitObligation" xml:lang="en-US"> Projected benefit obligation, Beginning Balance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_DefinedBenefitPlanBenefitObligation" xml:lang="en-US"> Projected benefit obligation </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanPlanAmendments" xlink:label="us-gaap_DefinedBenefitPlanPlanAmendments"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanPlanAmendments" xlink:to="lab_DefinedBenefitPlanPlanAmendments"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanPlanAmendments" xml:lang="en-US"> Defined Benefit Plan, Plan Amendments </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DefinedBenefitPlanPlanAmendments" xml:lang="en-US"> Plan amendments </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanActuarialNetGainsLosses" xlink:label="us-gaap_DefinedBenefitPlanActuarialNetGainsLosses"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanActuarialNetGainsLosses" xlink:to="lab_DefinedBenefitPlanActuarialNetGainsLosses"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanActuarialNetGainsLosses" xml:lang="en-US"> Defined Benefit Plan, Actuarial Net (Gains) Losses </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DefinedBenefitPlanActuarialNetGainsLosses" xml:lang="en-US"> Actuarial loss (gain) </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanCurtailments" xlink:label="us-gaap_DefinedBenefitPlanCurtailments"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanCurtailments" xlink:to="lab_DefinedBenefitPlanCurtailments"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanCurtailments" xml:lang="en-US"> Defined Benefit Plan, Curtailments </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DefinedBenefitPlanCurtailments" xml:lang="en-US"> Curtailments </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanAmountsRecognizedInBalanceSheet" xlink:label="us-gaap_DefinedBenefitPlanAmountsRecognizedInBalanceSheet"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanAmountsRecognizedInBalanceSheet" xlink:to="lab_DefinedBenefitPlanAmountsRecognizedInBalanceSheet"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanAmountsRecognizedInBalanceSheet" xml:lang="en-US"> Defined Benefit Plan, Amounts Recognized in Balance Sheet </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_DefinedBenefitPlanAmountsRecognizedInBalanceSheet" xml:lang="en-US"> Net amount recognized </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanFundedStatusOfPlanAbstract" xlink:label="us-gaap_DefinedBenefitPlanFundedStatusOfPlanAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanFundedStatusOfPlanAbstract" xlink:to="lab_DefinedBenefitPlanFundedStatusOfPlanAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanFundedStatusOfPlanAbstract" xml:lang="en-US"> Defined Benefit Plan, Funded Status of Plan [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DefinedBenefitPlanFundedStatusOfPlanAbstract" xml:lang="en-US"> Funded status </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanAccumulatedBenefitObligation" xlink:label="us-gaap_DefinedBenefitPlanAccumulatedBenefitObligation"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanAccumulatedBenefitObligation" xlink:to="lab_DefinedBenefitPlanAccumulatedBenefitObligation"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanAccumulatedBenefitObligation" xml:lang="en-US"> Defined Benefit Plan, Accumulated Benefit Obligation </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DefinedBenefitPlanAccumulatedBenefitObligation" xml:lang="en-US"> Accumulated benefit obligation </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_OverfundedUnfundedStatusOfAccumulatedBenefitObligation" xlink:label="bac_OverfundedUnfundedStatusOfAccumulatedBenefitObligation"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_OverfundedUnfundedStatusOfAccumulatedBenefitObligation" xlink:to="bac_OverfundedUnfundedStatusOfAccumulatedBenefitObligation_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_OverfundedUnfundedStatusOfAccumulatedBenefitObligation_lbl" xml:lang="en-US"> Overfunded Unfunded Status Of Accumulated Benefit Obligation </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_OverfundedUnfundedStatusOfAccumulatedBenefitObligation_lbl" xml:lang="en-US"> Overfunded (unfunded) status of ABO </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_OverfundedUnfundedStatusOfAccumulatedBenefitObligation_lbl" xml:lang="en-US"> This indicates the amount of overfunded or unfunded status of accumulated benefit obligation. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ProvisionForFutureSalaries" xlink:label="bac_ProvisionForFutureSalaries"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ProvisionForFutureSalaries" xlink:to="bac_ProvisionForFutureSalaries_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ProvisionForFutureSalaries_lbl" xml:lang="en-US"> Provision For Future Salaries </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ProvisionForFutureSalaries_lbl" xml:lang="en-US"> Provision for future salaries </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ProvisionForFutureSalaries_lbl" xml:lang="en-US"> This represents the amount of provision for future salaries. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanWeightedAverageAssumptionsUsedInCalculatingBenefitObligationAbstract" xlink:label="us-gaap_DefinedBenefitPlanWeightedAverageAssumptionsUsedInCalculatingBenefitObligationAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanWeightedAverageAssumptionsUsedInCalculatingBenefitObligationAbstract" xlink:to="lab_DefinedBenefitPlanWeightedAverageAssumptionsUsedInCalculatingBenefitObligationAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanWeightedAverageAssumptionsUsedInCalculatingBenefitObligationAbstract" xml:lang="en-US"> Defined Benefit Plan, Weighted Average Assumptions Used in Calculating Benefit Obligation [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DefinedBenefitPlanWeightedAverageAssumptionsUsedInCalculatingBenefitObligationAbstract" xml:lang="en-US"> Weighted-average assumptions </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate" xlink:label="us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate" xlink:to="lab_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate" xml:lang="en-US"> Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Discount Rate </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate" xml:lang="en-US"> Discount rate </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRateOfCompensationIncrease" xlink:label="us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRateOfCompensationIncrease"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRateOfCompensationIncrease" xlink:to="lab_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRateOfCompensationIncrease"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRateOfCompensationIncrease" xml:lang="en-US"> Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Rate of Compensation Increase </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRateOfCompensationIncrease" xml:lang="en-US"> Rate of compensation increase </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AggregateNumberOfCommonStockIntoWhichMandatoryConvertiblePreferredStockAreConverted" xlink:label="bac_AggregateNumberOfCommonStockIntoWhichMandatoryConvertiblePreferredStockAreConverted"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AggregateNumberOfCommonStockIntoWhichMandatoryConvertiblePreferredStockAreConverted" xlink:to="bac_AggregateNumberOfCommonStockIntoWhichMandatoryConvertiblePreferredStockAreConverted_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AggregateNumberOfCommonStockIntoWhichMandatoryConvertiblePreferredStockAreConverted_lbl" xml:lang="en-US"> Aggregate Number Of Common Stock Into Which Mandatory Convertible Preferred Stock Are Converted </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AggregateNumberOfCommonStockIntoWhichMandatoryConvertiblePreferredStockAreConverted_lbl" xml:lang="en-US"> Aggregate number of common stock into which mandatory convertible Preferred Stock are converted </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AggregateNumberOfCommonStockIntoWhichMandatoryConvertiblePreferredStockAreConverted_lbl" xml:lang="en-US"> Aggregate number of common stock into which mandatory convertible Preferred Stock are converted. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_HybridTrustSecuritiesThatAreExpectedToBeConvertedToPreferredStockPriorToDateOfImplementationExcludedFromSecuritiesThatAreNotQualifiedAsTier1CapitalUnderFinancialReformAct" xlink:label="bac_HybridTrustSecuritiesThatAreExpectedToBeConvertedToPreferredStockPriorToDateOfImplementationExcludedFromSecuritiesThatAreNotQualifiedAsTier1CapitalUnderFinancialReformAct"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_HybridTrustSecuritiesThatAreExpectedToBeConvertedToPreferredStockPriorToDateOfImplementationExcludedFromSecuritiesThatAreNotQualifiedAsTier1CapitalUnderFinancialReformAct" xlink:to="bac_HybridTrustSecuritiesThatAreExpectedToBeConvertedToPreferredStockPriorToDateOfImplementationExcludedFromSecuritiesThatAreNotQualifiedAsTier1CapitalUnderFinancialReformAct_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_HybridTrustSecuritiesThatAreExpectedToBeConvertedToPreferredStockPriorToDateOfImplementationExcludedFromSecuritiesThatAreNotQualifiedAsTier1CapitalUnderFinancialReformAct_lbl" xml:lang="en-US"> Hybrid Trust Securities That Are Expected To Be Converted To Preferred Stock Prior To The Date Of Implementation Excluded From Securities That Are Not Qualified As Tier 1 Capital Under Financial Reform Act </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_HybridTrustSecuritiesThatAreExpectedToBeConvertedToPreferredStockPriorToDateOfImplementationExcludedFromSecuritiesThatAreNotQualifiedAsTier1CapitalUnderFinancialReformAct_lbl" xml:lang="en-US"> Hybrid Trust Securities that are expected to be converted to preferred stock prior to the date of implementation excluded from securities that are not qualified as Tier 1 capital under Financial Reform Act </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_HybridTrustSecuritiesThatAreExpectedToBeConvertedToPreferredStockPriorToDateOfImplementationExcludedFromSecuritiesThatAreNotQualifiedAsTier1CapitalUnderFinancialReformAct_lbl" xml:lang="en-US"> Hybrid Trust Securities that are expected to be converted to preferred stock prior to the date of implementation excluded from securities that are not qualified as Tier 1 capital under Financial Reform Act. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_UnitedStatesPensionPlansOfUSEntityDefinedBenefitMember" xlink:label="us-gaap_UnitedStatesPensionPlansOfUSEntityDefinedBenefitMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_UnitedStatesPensionPlansOfUSEntityDefinedBenefitMember" xlink:to="lab_UnitedStatesPensionPlansOfUSEntityDefinedBenefitMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_UnitedStatesPensionPlansOfUSEntityDefinedBenefitMember" xml:lang="en-US"> U.S. [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_UnitedStatesPensionPlansOfUSEntityDefinedBenefitMember" xml:lang="en-US"> U.S </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ForeignPensionPlansDefinedBenefitMember" xlink:label="us-gaap_ForeignPensionPlansDefinedBenefitMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ForeignPensionPlansDefinedBenefitMember" xlink:to="lab_ForeignPensionPlansDefinedBenefitMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ForeignPensionPlansDefinedBenefitMember" xml:lang="en-US"> Non-U.S. Pension Plans [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_UnitedStatesPostretirementBenefitPlansOfUSEntityDefinedBenefitMember" xlink:label="us-gaap_UnitedStatesPostretirementBenefitPlansOfUSEntityDefinedBenefitMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_UnitedStatesPostretirementBenefitPlansOfUSEntityDefinedBenefitMember" xlink:to="lab_UnitedStatesPostretirementBenefitPlansOfUSEntityDefinedBenefitMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_UnitedStatesPostretirementBenefitPlansOfUSEntityDefinedBenefitMember" xml:lang="en-US"> U.S-Postretirement Health and Life [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_UnitedStatesPostretirementBenefitPlansOfUSEntityDefinedBenefitMember" xml:lang="en-US"> U.S-Postretirement Health and Life </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ForeignPostretirementBenefitPlansDefinedBenefitMember" xlink:label="us-gaap_ForeignPostretirementBenefitPlansDefinedBenefitMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ForeignPostretirementBenefitPlansDefinedBenefitMember" xlink:to="lab_ForeignPostretirementBenefitPlansDefinedBenefitMember"/>
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<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ForeignPostretirementBenefitPlansDefinedBenefitMember" xml:lang="en-US"> Non-U.S.Postretirement Health and Life [Member] </label>
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<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPeriodIncreaseDecrease" xml:lang="en-US"> Other Comprehensive Income, Defined Benefit Plan's Adjustment, before Tax </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanAssetsTargetAllocationsAbstract" xlink:label="us-gaap_DefinedBenefitPlanAssetsTargetAllocationsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanAssetsTargetAllocationsAbstract" xlink:to="lab_DefinedBenefitPlanAssetsTargetAllocationsAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanAssetsTargetAllocationsAbstract" xml:lang="en-US"> Defined Benefit Plan, Assets, Target Allocations [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DefinedBenefitPlanAssetsTargetAllocationsAbstract" xml:lang="en-US"> The target allocations by asset category for the Qualified Pension Plans, Nonqualified and Other Pension Plans, and Postretirement Health and Life Plans </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TargetAllocationsByAssetCategoryForQualifiedPensionPlansNonqualifiedAndOtherPensionPlansAndPostretirementHealthAndLifePlansTextBlock" xlink:label="bac_TargetAllocationsByAssetCategoryForQualifiedPensionPlansNonqualifiedAndOtherPensionPlansAndPostretirementHealthAndLifePlansTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TargetAllocationsByAssetCategoryForQualifiedPensionPlansNonqualifiedAndOtherPensionPlansAndPostretirementHealthAndLifePlansTextBlock" xlink:to="bac_TargetAllocationsByAssetCategoryForQualifiedPensionPlansNonqualifiedAndOtherPensionPlansAndPostretirementHealthAndLifePlansTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TargetAllocationsByAssetCategoryForQualifiedPensionPlansNonqualifiedAndOtherPensionPlansAndPostretirementHealthAndLifePlansTextBlock_lbl" xml:lang="en-US"> Target Allocations By Asset Category For Qualified Pension Plans Nonqualified And Other Pension Plans And Postretirement Health And Life Plans Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_TargetAllocationsByAssetCategoryForQualifiedPensionPlansNonqualifiedAndOtherPensionPlansAndPostretirementHealthAndLifePlansTextBlock_lbl" xml:lang="en-US"> The target allocations by asset category for the Qualified Pension Plans, Nonqualified and Other Pension Plans, and Postretirement Health and Life Plans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TargetAllocationsByAssetCategoryForQualifiedPensionPlansNonqualifiedAndOtherPensionPlansAndPostretirementHealthAndLifePlansTextBlock_lbl" xml:lang="en-US"> Target Allocations By Asset Category For Qualified Pension Plans Nonqualified And Other Pension Plans And Postretirement Health And Life Plans Text Block. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MoneyMarketAndInterestbearingCashMember" xlink:label="bac_MoneyMarketAndInterestbearingCashMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MoneyMarketAndInterestbearingCashMember" xlink:to="bac_MoneyMarketAndInterestbearingCashMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MoneyMarketAndInterestbearingCashMember_lbl" xml:lang="en-US"> Money market and interest-bearing cash [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MoneyMarketAndInterestbearingCashMember_lbl" xml:lang="en-US"> Money market and interest-bearing cash. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CorporateDebtSecuritiesMember" xlink:label="us-gaap_CorporateDebtSecuritiesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CorporateDebtSecuritiesMember" xlink:to="lab_CorporateDebtSecuritiesMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CorporateDebtSecuritiesMember" xml:lang="en-US"> Corporate debt securities [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_AssetBackedSecuritiesMember" xlink:label="us-gaap_AssetBackedSecuritiesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AssetBackedSecuritiesMember" xlink:to="lab_AssetBackedSecuritiesMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_AssetBackedSecuritiesMember" xml:lang="en-US"> Asset-backed securities [Member] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MutualFundsMember" xlink:label="bac_MutualFundsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MutualFundsMember" xlink:to="bac_MutualFundsMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MutualFundsMember_lbl" xml:lang="en-US"> Mutual funds [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MutualFundsMember_lbl" xml:lang="en-US"> Mutual funds. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CommonAndCollectiveTrustsMember" xlink:label="bac_CommonAndCollectiveTrustsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CommonAndCollectiveTrustsMember" xlink:to="bac_CommonAndCollectiveTrustsMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CommonAndCollectiveTrustsMember_lbl" xml:lang="en-US"> Common and Collective Trusts [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CommonAndCollectiveTrustsMember_lbl" xml:lang="en-US"> Common and Collective Trusts [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CommonAndCollectiveTrustsMember_lbl" xml:lang="en-US"> Common and collective trusts. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CommonAndPreferredStocksMember" xlink:label="bac_CommonAndPreferredStocksMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CommonAndPreferredStocksMember" xlink:to="bac_CommonAndPreferredStocksMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CommonAndPreferredStocksMember_lbl" xml:lang="en-US"> Common and preferred stocks [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CommonAndPreferredStocksMember_lbl" xml:lang="en-US"> Common and preferred stocks. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_RealEstateMember" xlink:label="us-gaap_RealEstateMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RealEstateMember" xlink:to="lab_RealEstateMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_RealEstateMember" xml:lang="en-US"> Real estate [Member] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_OtherInvestmentsMember" xlink:label="bac_OtherInvestmentsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_OtherInvestmentsMember" xlink:to="bac_OtherInvestmentsMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_OtherInvestmentsMember_lbl" xml:lang="en-US"> Other investments [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_OtherInvestmentsMember_lbl" xml:lang="en-US"> Other investments. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PlanInvestmentAssetsMeasuredAtFairValueByLevelAbstract" xlink:label="bac_PlanInvestmentAssetsMeasuredAtFairValueByLevelAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PlanInvestmentAssetsMeasuredAtFairValueByLevelAbstract" xlink:to="bac_PlanInvestmentAssetsMeasuredAtFairValueByLevelAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PlanInvestmentAssetsMeasuredAtFairValueByLevelAbstract_lbl" xml:lang="en-US"> Plan investment assets measured at fair value by level Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PlanInvestmentAssetsMeasuredAtFairValueByLevelAbstract_lbl" xml:lang="en-US"> Plan investment assets measured at fair value by level . </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PlanInvestmentAssetsMeasuredAtFairValueByLevelAbstract_lbl" xml:lang="en-US"> Plan investment assets measured at fair value by level </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PlanInvestmentAssetsMeasuredAtFairValueByLevelTextBlock" xlink:label="bac_PlanInvestmentAssetsMeasuredAtFairValueByLevelTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PlanInvestmentAssetsMeasuredAtFairValueByLevelTextBlock" xlink:to="bac_PlanInvestmentAssetsMeasuredAtFairValueByLevelTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PlanInvestmentAssetsMeasuredAtFairValueByLevelTextBlock_lbl" xml:lang="en-US"> Plan Investment Assets Measured At Fair Value By Level Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PlanInvestmentAssetsMeasuredAtFairValueByLevelTextBlock_lbl" xml:lang="en-US"> Plan investment assets measured at fair value by level. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PlanInvestmentAssetsMeasuredAtFairValueByLevelTextBlock_lbl" xml:lang="en-US"> Plan investment assets measured at fair value by level </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanFairValueOfPlanAssetsByMeasurementAxis" xlink:label="us-gaap_DefinedBenefitPlanFairValueOfPlanAssetsByMeasurementAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanFairValueOfPlanAssetsByMeasurementAxis" xlink:to="lab_DefinedBenefitPlanFairValueOfPlanAssetsByMeasurementAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanFairValueOfPlanAssetsByMeasurementAxis" xml:lang="en-US"> Defined Benefit Plan, Fair Value of Plan Assets by Measurement [Axis] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FairValuePlanAssetMeasurementDomain" xlink:label="us-gaap_FairValuePlanAssetMeasurementDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValuePlanAssetMeasurementDomain" xlink:to="lab_FairValuePlanAssetMeasurementDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValuePlanAssetMeasurementDomain" xml:lang="en-US"> Fair Value Plan Asset Measurement [Domain] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DebtSecuritiesMember" xlink:label="us-gaap_DebtSecuritiesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtSecuritiesMember" xlink:to="lab_DebtSecuritiesMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DebtSecuritiesMember" xml:lang="en-US"> Debt Securities [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanActualReturnOnPlanAssetsStillHeld" xlink:label="us-gaap_DefinedBenefitPlanActualReturnOnPlanAssetsStillHeld"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanActualReturnOnPlanAssetsStillHeld" xlink:to="lab_DefinedBenefitPlanActualReturnOnPlanAssetsStillHeld"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanActualReturnOnPlanAssetsStillHeld" xml:lang="en-US"> Defined Benefit Plan, Actual Return on Plan Assets Still Held </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DefinedBenefitPlanActualReturnOnPlanAssetsStillHeld" xml:lang="en-US"> Actual Return on Plan Assets Still Held at the Reporting Date </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanPurchasesSalesAndSettlements" xlink:label="us-gaap_DefinedBenefitPlanPurchasesSalesAndSettlements"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanPurchasesSalesAndSettlements" xlink:to="lab_DefinedBenefitPlanPurchasesSalesAndSettlements"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanPurchasesSalesAndSettlements" xml:lang="en-US"> Defined Benefit Plan, Purchases, Sales, and Settlements </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_DefinedBenefitPlanPurchasesSalesAndSettlements" xml:lang="en-US"> Defined Benefit Plan, Purchases, Sales, and Settlements, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DefinedBenefitPlanPurchasesSalesAndSettlements" xml:lang="en-US"> Purchases, Sales and Settlements </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanTransfersBetweenMeasurementLevels" xlink:label="us-gaap_DefinedBenefitPlanTransfersBetweenMeasurementLevels"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanTransfersBetweenMeasurementLevels" xlink:to="lab_DefinedBenefitPlanTransfersBetweenMeasurementLevels"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanTransfersBetweenMeasurementLevels" xml:lang="en-US"> Defined Benefit Plan, Transfers Between Measurement Levels </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DefinedBenefitPlanTransfersBetweenMeasurementLevels" xml:lang="en-US"> Transfers into / (out of) Level 3 </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanAmountsRecognizedInBalanceSheetAbstract" xlink:label="us-gaap_DefinedBenefitPlanAmountsRecognizedInBalanceSheetAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanAmountsRecognizedInBalanceSheetAbstract" xlink:to="lab_DefinedBenefitPlanAmountsRecognizedInBalanceSheetAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanAmountsRecognizedInBalanceSheetAbstract" xml:lang="en-US"> Defined Benefit Plan, Amounts Recognized in Balance Sheet [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DefinedBenefitPlanAmountsRecognizedInBalanceSheetAbstract" xml:lang="en-US"> Amounts Recognized in the Consolidated financial statements </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanAmortizationOfNetGainsLosses" xlink:label="us-gaap_DefinedBenefitPlanAmortizationOfNetGainsLosses"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanAmortizationOfNetGainsLosses" xlink:to="lab_DefinedBenefitPlanAmortizationOfNetGainsLosses"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanAmortizationOfNetGainsLosses" xml:lang="en-US"> Defined Benefit Plan, Amortization of Net Gains (Losses) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_DefinedBenefitPlanAmortizationOfNetGainsLosses" xml:lang="en-US"> Net actuarial loss </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DefinedBenefitPlanAmortizationOfNetGainsLosses" xml:lang="en-US"> Acturial loss (gain) </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanAmortizationOfNetPriorServiceCostCredit" xlink:label="us-gaap_DefinedBenefitPlanAmortizationOfNetPriorServiceCostCredit"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanAmortizationOfNetPriorServiceCostCredit" xlink:to="lab_DefinedBenefitPlanAmortizationOfNetPriorServiceCostCredit"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanAmortizationOfNetPriorServiceCostCredit" xml:lang="en-US"> Defined Benefit Plan, Amortization of Net Prior Service Cost (Credit) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_DefinedBenefitPlanAmortizationOfNetPriorServiceCostCredit" xml:lang="en-US"> Prior service cost (credit) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DefinedBenefitPlanAmortizationOfNetPriorServiceCostCredit" xml:lang="en-US"> Prior service cost (credits) </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanAmortizationOfNetTransitionAssetObligation" xlink:label="us-gaap_DefinedBenefitPlanAmortizationOfNetTransitionAssetObligation"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanAmortizationOfNetTransitionAssetObligation" xlink:to="lab_DefinedBenefitPlanAmortizationOfNetTransitionAssetObligation"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanAmortizationOfNetTransitionAssetObligation" xml:lang="en-US"> Defined Benefit Plan, Amortization of Net Transition Asset (Obligation) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_DefinedBenefitPlanAmortizationOfNetTransitionAssetObligation" xml:lang="en-US"> Transition obligation </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DefinedBenefitPlanAmortizationOfNetTransitionAssetObligation" xml:lang="en-US"> Transition obligation for postretirement health and life plans </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanEquitySecurities" xlink:label="us-gaap_DefinedBenefitPlanEquitySecurities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanEquitySecurities" xlink:to="lab_DefinedBenefitPlanEquitySecurities"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanEquitySecurities" xml:lang="en-US"> Defined Benefit Plan, Equity Securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DefinedBenefitPlanEquitySecurities" xml:lang="en-US"> Common stock included in equity securities for qualified pension plans as percentage of total plan assets </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanAmountOfEmployerAndRelatedPartySecuritiesIncludedInPlanAssets" xlink:label="us-gaap_DefinedBenefitPlanAmountOfEmployerAndRelatedPartySecuritiesIncludedInPlanAssets"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanAmountOfEmployerAndRelatedPartySecuritiesIncludedInPlanAssets" xlink:to="lab_DefinedBenefitPlanAmountOfEmployerAndRelatedPartySecuritiesIncludedInPlanAssets"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanAmountOfEmployerAndRelatedPartySecuritiesIncludedInPlanAssets" xml:lang="en-US"> Defined Benefit Plan, Amount of Employer and Related Party Securities Included in Plan Assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DefinedBenefitPlanAmountOfEmployerAndRelatedPartySecuritiesIncludedInPlanAssets" xml:lang="en-US"> Common stock included in equity securities for qualified pension plans </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanEstimatedFutureBenefitPaymentsAbstract" xlink:label="us-gaap_DefinedBenefitPlanEstimatedFutureBenefitPaymentsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanEstimatedFutureBenefitPaymentsAbstract" xlink:to="lab_DefinedBenefitPlanEstimatedFutureBenefitPaymentsAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanEstimatedFutureBenefitPaymentsAbstract" xml:lang="en-US"> Defined Benefit Plan, Estimated Future Benefit Payments [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DefinedBenefitPlanEstimatedFutureBenefitPaymentsAbstract" xml:lang="en-US"> Projected Benefit Payments </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearOne" xlink:label="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearOne"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearOne" xlink:to="lab_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearOne"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearOne" xml:lang="en-US"> Defined Benefit Plan, Expected Future Benefit Payments in Year One </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearOne" xml:lang="en-US"> 2011 </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearTwo" xlink:label="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearTwo"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearTwo" xlink:to="lab_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearTwo"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearTwo" xml:lang="en-US"> Defined Benefit Plan, Expected Future Benefit Payments in Year Two </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearTwo" xml:lang="en-US"> 2012 </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearThree" xlink:label="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearThree"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearThree" xlink:to="lab_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearThree"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearThree" xml:lang="en-US"> Defined Benefit Plan, Expected Future Benefit Payments in Year Three </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearThree" xml:lang="en-US"> 2013 </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearFour" xlink:label="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearFour"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearFour" xlink:to="lab_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearFour"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearFour" xml:lang="en-US"> Defined Benefit Plan, Expected Future Benefit Payments in Year Four </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearFour" xml:lang="en-US"> 2014 </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearFive" xlink:label="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearFive"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearFive" xlink:to="lab_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearFive"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearFive" xml:lang="en-US"> Defined Benefit Plan, Expected Future Benefit Payments in Year Five </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DefinedBenefitPlanExpectedFutureBenefitPaymentsInYearFive" xml:lang="en-US"> 2015 </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInFiveFiscalYearsThereafter" xlink:label="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInFiveFiscalYearsThereafter"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsInFiveFiscalYearsThereafter" xlink:to="lab_DefinedBenefitPlanExpectedFutureBenefitPaymentsInFiveFiscalYearsThereafter"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanExpectedFutureBenefitPaymentsInFiveFiscalYearsThereafter" xml:lang="en-US"> Defined Benefit Plan, Expected Future Benefit Payments in Five Fiscal Years Thereafter </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DefinedBenefitPlanExpectedFutureBenefitPaymentsInFiveFiscalYearsThereafter" xml:lang="en-US"> 2016 - 2020 </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanEstimatedFutureEmployerContributionsInNextFiscalYear" xlink:label="us-gaap_DefinedBenefitPlanEstimatedFutureEmployerContributionsInNextFiscalYear"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanEstimatedFutureEmployerContributionsInNextFiscalYear" xlink:to="lab_DefinedBenefitPlanEstimatedFutureEmployerContributionsInNextFiscalYear"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanEstimatedFutureEmployerContributionsInNextFiscalYear" xml:lang="en-US"> Defined Benefit Plan, Estimated Future Employer Contributions in Next Fiscal Year </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DefinedBenefitPlanEstimatedFutureEmployerContributionsInNextFiscalYear" xml:lang="en-US"> Best estimate for contribution </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ReconciliationOfAllPlanInvestmentAssetsMeasuredAtFairValueUsingSignificantUnobservableInputsAbstract" xlink:label="bac_ReconciliationOfAllPlanInvestmentAssetsMeasuredAtFairValueUsingSignificantUnobservableInputsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ReconciliationOfAllPlanInvestmentAssetsMeasuredAtFairValueUsingSignificantUnobservableInputsAbstract" xlink:to="bac_ReconciliationOfAllPlanInvestmentAssetsMeasuredAtFairValueUsingSignificantUnobservableInputsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ReconciliationOfAllPlanInvestmentAssetsMeasuredAtFairValueUsingSignificantUnobservableInputsAbstract_lbl" xml:lang="en-US"> Reconciliation of all Plan investment assets measured at fair value using significant unobservable inputs Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ReconciliationOfAllPlanInvestmentAssetsMeasuredAtFairValueUsingSignificantUnobservableInputsAbstract_lbl" xml:lang="en-US"> Reconciliation of all Plan investment assets measured at fair value using significant unobservable inputs. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ReconciliationOfAllPlanInvestmentAssetsMeasuredAtFairValueUsingSignificantUnobservableInputsAbstract_lbl" xml:lang="en-US"> Reconciliation of all Plan investment assets measured at fair value using significant unobservable inputs </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ReconciliationOfAllPlanInvestmentAssetsMeasuredAtFairValueUsingSignificantUnobservableInputsTextBlock" xlink:label="bac_ReconciliationOfAllPlanInvestmentAssetsMeasuredAtFairValueUsingSignificantUnobservableInputsTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ReconciliationOfAllPlanInvestmentAssetsMeasuredAtFairValueUsingSignificantUnobservableInputsTextBlock" xlink:to="bac_ReconciliationOfAllPlanInvestmentAssetsMeasuredAtFairValueUsingSignificantUnobservableInputsTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ReconciliationOfAllPlanInvestmentAssetsMeasuredAtFairValueUsingSignificantUnobservableInputsTextBlock_lbl" xml:lang="en-US"> Reconciliation of all Plan investment assets measured at fair value using significant unobservable inputs Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ReconciliationOfAllPlanInvestmentAssetsMeasuredAtFairValueUsingSignificantUnobservableInputsTextBlock_lbl" xml:lang="en-US"> Reconciliation of all Plan investment assets measured at fair value using significant unobservable inputs. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ReconciliationOfAllPlanInvestmentAssetsMeasuredAtFairValueUsingSignificantUnobservableInputsTextBlock_lbl" xml:lang="en-US"> Reconciliation of all Plan investment assets measured at fair value using significant unobservable inputs </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NetPaymentsMember" xlink:label="bac_NetPaymentsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NetPaymentsMember" xlink:to="bac_NetPaymentsMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NetPaymentsMember_lbl" xml:lang="en-US"> Net Payments [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NetPaymentsMember_lbl" xml:lang="en-US"> Net Payments. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MedicareSubsidyMember" xlink:label="bac_MedicareSubsidyMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MedicareSubsidyMember" xlink:to="bac_MedicareSubsidyMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MedicareSubsidyMember_lbl" xml:lang="en-US"> Medicare Subsidy [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MedicareSubsidyMember_lbl" xml:lang="en-US"> Medicare Subsidy. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_EmployeeBenefitPlansTextualsAbstract" xlink:label="bac_EmployeeBenefitPlansTextualsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_EmployeeBenefitPlansTextualsAbstract" xlink:to="bac_EmployeeBenefitPlansTextualsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_EmployeeBenefitPlansTextualsAbstract_lbl" xml:lang="en-US"> Employee Benefit Plans Textuals Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_EmployeeBenefitPlansTextualsAbstract_lbl" xml:lang="en-US"> Employee Benefit Plans Textuals. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_EmployeeBenefitPlansTextualsAbstract_lbl" xml:lang="en-US"> Employee Benefit Plans (Textuals) [Abstract] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AssetsAndLiabilitiesTransferredToContributionPlanAmount" xlink:label="bac_AssetsAndLiabilitiesTransferredToContributionPlanAmount"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AssetsAndLiabilitiesTransferredToContributionPlanAmount" xlink:to="bac_AssetsAndLiabilitiesTransferredToContributionPlanAmount_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AssetsAndLiabilitiesTransferredToContributionPlanAmount_lbl" xml:lang="en-US"> Assets And Liabilities Transferred To Contribution Plan Amount </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AssetsAndLiabilitiesTransferredToContributionPlanAmount_lbl" xml:lang="en-US"> Assets and liabilities transferred to contribution plan </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AssetsAndLiabilitiesTransferredToContributionPlanAmount_lbl" xml:lang="en-US"> Represents the assets and liabilities transferred to contribution plan amount. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PriorYearsMarketGainsLossesRecognizedByAssetValuationMethodForQualifiedPensionPlans" xlink:label="bac_PriorYearsMarketGainsLossesRecognizedByAssetValuationMethodForQualifiedPensionPlans"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PriorYearsMarketGainsLossesRecognizedByAssetValuationMethodForQualifiedPensionPlans" xlink:to="bac_PriorYearsMarketGainsLossesRecognizedByAssetValuationMethodForQualifiedPensionPlans_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PriorYearsMarketGainsLossesRecognizedByAssetValuationMethodForQualifiedPensionPlans_lbl" xml:lang="en-US"> Prior Years Market Gains Losses Recognized By Asset Valuation Method For Qualified Pension Plans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PriorYearsMarketGainsLossesRecognizedByAssetValuationMethodForQualifiedPensionPlans_lbl" xml:lang="en-US"> Prior year's market gains/losses recognized by asset valuation method for qualified pension plans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PriorYearsMarketGainsLossesRecognizedByAssetValuationMethodForQualifiedPensionPlans_lbl" xml:lang="en-US"> Represents the prior years market gains losses recognized by asset valuation method for qualified pension plans. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_RemainingMarketGainsLossesRecognizedByAssetValuationMethodForQualifiedPensionPlans" xlink:label="bac_RemainingMarketGainsLossesRecognizedByAssetValuationMethodForQualifiedPensionPlans"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_RemainingMarketGainsLossesRecognizedByAssetValuationMethodForQualifiedPensionPlans" xlink:to="bac_RemainingMarketGainsLossesRecognizedByAssetValuationMethodForQualifiedPensionPlans_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_RemainingMarketGainsLossesRecognizedByAssetValuationMethodForQualifiedPensionPlans_lbl" xml:lang="en-US"> Remaining Market Gains Losses Recognized By Asset Valuation Method For Qualified Pension Plans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_RemainingMarketGainsLossesRecognizedByAssetValuationMethodForQualifiedPensionPlans_lbl" xml:lang="en-US"> Remaining market gains/losses recognized by asset valuation method for qualified pension plans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_RemainingMarketGainsLossesRecognizedByAssetValuationMethodForQualifiedPensionPlans_lbl" xml:lang="en-US"> Represents the remaining market gains losses recognized by asset valuation method for qualified pension plans. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_RemainingGainsLossesRecognizedByQualifiedPensionPlansPeriod" xlink:label="bac_RemainingGainsLossesRecognizedByQualifiedPensionPlansPeriod"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_RemainingGainsLossesRecognizedByQualifiedPensionPlansPeriod" xlink:to="bac_RemainingGainsLossesRecognizedByQualifiedPensionPlansPeriod_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_RemainingGainsLossesRecognizedByQualifiedPensionPlansPeriod_lbl" xml:lang="en-US"> Remaining Gains Losses Recognized By Qualified Pension Plans Period </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_RemainingGainsLossesRecognizedByQualifiedPensionPlansPeriod_lbl" xml:lang="en-US"> Remaining gains/losses recognized by qualified pension plans, Period </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_RemainingGainsLossesRecognizedByQualifiedPensionPlansPeriod_lbl" xml:lang="en-US"> Represents the remaining gains losses recognized by qualified pension plans period. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DiscountRateForNetPeriodicBenefitCost" xlink:label="bac_DiscountRateForNetPeriodicBenefitCost"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DiscountRateForNetPeriodicBenefitCost" xlink:to="bac_DiscountRateForNetPeriodicBenefitCost_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DiscountRateForNetPeriodicBenefitCost_lbl" xml:lang="en-US"> Discount Rate For Net Periodic Benefit Cost </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_DiscountRateForNetPeriodicBenefitCost_lbl" xml:lang="en-US"> Discount rate of net periodic benefit cost </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DiscountRateForNetPeriodicBenefitCost_lbl" xml:lang="en-US"> Represents the discount rate for net periodic benefit cost. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_UnrecognizedGainLossPercentageForPostRetirementHealthCarePlan" xlink:label="bac_UnrecognizedGainLossPercentageForPostRetirementHealthCarePlan"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_UnrecognizedGainLossPercentageForPostRetirementHealthCarePlan" xlink:to="bac_UnrecognizedGainLossPercentageForPostRetirementHealthCarePlan_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_UnrecognizedGainLossPercentageForPostRetirementHealthCarePlan_lbl" xml:lang="en-US"> Unrecognized Gain Loss Percentage For Post Retirement Health Care Plan </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_UnrecognizedGainLossPercentageForPostRetirementHealthCarePlan_lbl" xml:lang="en-US"> Unrecognized gain/loss percentage for the post retirement health care plan </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_UnrecognizedGainLossPercentageForPostRetirementHealthCarePlan_lbl" xml:lang="en-US"> Represents the unrecognized gain loss percentage for post retirement health care plan. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_HealthCareCostTrendRate" xlink:label="bac_HealthCareCostTrendRate"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_HealthCareCostTrendRate" xlink:to="bac_HealthCareCostTrendRate_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_HealthCareCostTrendRate_lbl" xml:lang="en-US"> Health Care Cost Trend Rate </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_HealthCareCostTrendRate_lbl" xml:lang="en-US"> Represents the health care cost trend rate. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_HealthCareCostTrendRate_lbl" xml:lang="en-US"> Health care cost trend rate </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ReductionInAssumedHealthCareCostTrendRate" xlink:label="bac_ReductionInAssumedHealthCareCostTrendRate"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ReductionInAssumedHealthCareCostTrendRate" xlink:to="bac_ReductionInAssumedHealthCareCostTrendRate_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ReductionInAssumedHealthCareCostTrendRate_lbl" xml:lang="en-US"> Reduction In Assumed Health Care Cost Trend Rate </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ReductionInAssumedHealthCareCostTrendRate_lbl" xml:lang="en-US"> Reduction in assumed health care cost trend rate </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ReductionInAssumedHealthCareCostTrendRate_lbl" xml:lang="en-US"> Represents the reduction in assumed health care cost trend rate. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_IncreaseInAssumedHealthCareCostTrendRate" xlink:label="bac_IncreaseInAssumedHealthCareCostTrendRate"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_IncreaseInAssumedHealthCareCostTrendRate" xlink:to="bac_IncreaseInAssumedHealthCareCostTrendRate_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_IncreaseInAssumedHealthCareCostTrendRate_lbl" xml:lang="en-US"> Increase In Assumed Health Care Cost Trend Rate </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_IncreaseInAssumedHealthCareCostTrendRate_lbl" xml:lang="en-US"> Represents the increase in assumed health care cost trend rate. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_IncreaseInAssumedHealthCareCostTrendRate_lbl" xml:lang="en-US"> Increase in assumed health care cost trend rate </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_IncreaseInAssumedServiceAndInterestCostsDueToIncreaseInAssumedHealthCareTrendRate" xlink:label="bac_IncreaseInAssumedServiceAndInterestCostsDueToIncreaseInAssumedHealthCareTrendRate"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_IncreaseInAssumedServiceAndInterestCostsDueToIncreaseInAssumedHealthCareTrendRate" xlink:to="bac_IncreaseInAssumedServiceAndInterestCostsDueToIncreaseInAssumedHealthCareTrendRate_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_IncreaseInAssumedServiceAndInterestCostsDueToIncreaseInAssumedHealthCareTrendRate_lbl" xml:lang="en-US"> Increase In Assumed Service And Interest Costs Due To Increase In Assumed Health Care Trend Rate </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_IncreaseInAssumedServiceAndInterestCostsDueToIncreaseInAssumedHealthCareTrendRate_lbl" xml:lang="en-US"> Represents the increase in assumed service and interest costs due to increase in assumed health care trend rate. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_IncreaseInAssumedServiceAndInterestCostsDueToIncreaseInAssumedHealthCareTrendRate_lbl" xml:lang="en-US"> Increase in assumed service and interest costs due to increase in assumed health care trend rate </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_IncreaseInAssumedBenefitObligationDueToIncreaseInAssumedHealthCareTrendRate" xlink:label="bac_IncreaseInAssumedBenefitObligationDueToIncreaseInAssumedHealthCareTrendRate"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_IncreaseInAssumedBenefitObligationDueToIncreaseInAssumedHealthCareTrendRate" xlink:to="bac_IncreaseInAssumedBenefitObligationDueToIncreaseInAssumedHealthCareTrendRate_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_IncreaseInAssumedBenefitObligationDueToIncreaseInAssumedHealthCareTrendRate_lbl" xml:lang="en-US"> Increase In Assumed Benefit Obligation Due To Increase In Assumed Health Care Trend Rate </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_IncreaseInAssumedBenefitObligationDueToIncreaseInAssumedHealthCareTrendRate_lbl" xml:lang="en-US"> Increase in assumed benefit obligation due to increase in assumed health care trend rate </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_IncreaseInAssumedBenefitObligationDueToIncreaseInAssumedHealthCareTrendRate_lbl" xml:lang="en-US"> Represents the increase in assumed benefit obligation due to increase in assumed health care trend rate. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DecreaseInAssumedHealthCareCostTrendRate" xlink:label="bac_DecreaseInAssumedHealthCareCostTrendRate"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DecreaseInAssumedHealthCareCostTrendRate" xlink:to="bac_DecreaseInAssumedHealthCareCostTrendRate_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DecreaseInAssumedHealthCareCostTrendRate_lbl" xml:lang="en-US"> Decrease In Assumed Health Care Cost Trend Rate </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_DecreaseInAssumedHealthCareCostTrendRate_lbl" xml:lang="en-US"> Decrease in assumed health care cost trend rate </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DecreaseInAssumedHealthCareCostTrendRate_lbl" xml:lang="en-US"> Represents the decrease in assumed health care cost trend rate. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DecreaseInAssumedServiceAndInterestCostsDueToReductionInAssumedHealthCareTrendRate" xlink:label="bac_DecreaseInAssumedServiceAndInterestCostsDueToReductionInAssumedHealthCareTrendRate"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DecreaseInAssumedServiceAndInterestCostsDueToReductionInAssumedHealthCareTrendRate" xlink:to="bac_DecreaseInAssumedServiceAndInterestCostsDueToReductionInAssumedHealthCareTrendRate_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DecreaseInAssumedServiceAndInterestCostsDueToReductionInAssumedHealthCareTrendRate_lbl" xml:lang="en-US"> Decrease In Assumed Service And Interest Costs Due To Reduction In Assumed Health Care Trend Rate </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_DecreaseInAssumedServiceAndInterestCostsDueToReductionInAssumedHealthCareTrendRate_lbl" xml:lang="en-US"> Decrease in assumed service and interest costs due to reduction in aAssumed health care trend rate </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DecreaseInAssumedServiceAndInterestCostsDueToReductionInAssumedHealthCareTrendRate_lbl" xml:lang="en-US"> Represents the decrease in assumed service and interest costs due to reduction in assumed health care trend rate. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DecreaseInAssumedBenefitObligationDueToReductionInAssumedHealthCareTrendRate" xlink:label="bac_DecreaseInAssumedBenefitObligationDueToReductionInAssumedHealthCareTrendRate"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DecreaseInAssumedBenefitObligationDueToReductionInAssumedHealthCareTrendRate" xlink:to="bac_DecreaseInAssumedBenefitObligationDueToReductionInAssumedHealthCareTrendRate_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DecreaseInAssumedBenefitObligationDueToReductionInAssumedHealthCareTrendRate_lbl" xml:lang="en-US"> Decrease In Assumed Benefit Obligation Due To Reduction In Assumed Health Care Trend Rate </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_DecreaseInAssumedBenefitObligationDueToReductionInAssumedHealthCareTrendRate_lbl" xml:lang="en-US"> Decrease in assumed benefit obligation due to reduction in assumed health care trend rate </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DecreaseInAssumedBenefitObligationDueToReductionInAssumedHealthCareTrendRate_lbl" xml:lang="en-US"> Represents the decrease in assumed benefit obligation due to reduction in assumed health care trend rate. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DefinedBenefitPlanAmountsRecognizedInBalanceSheetTextBlock" xlink:label="bac_DefinedBenefitPlanAmountsRecognizedInBalanceSheetTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DefinedBenefitPlanAmountsRecognizedInBalanceSheetTextBlock" xlink:to="bac_DefinedBenefitPlanAmountsRecognizedInBalanceSheetTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DefinedBenefitPlanAmountsRecognizedInBalanceSheetTextBlock_lbl" xml:lang="en-US"> Defined Benefit Plan Amounts Recognized In Balance Sheet Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_DefinedBenefitPlanAmountsRecognizedInBalanceSheetTextBlock_lbl" xml:lang="en-US"> Amounts Recognized in the Consolidated financial statements </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DefinedBenefitPlanAmountsRecognizedInBalanceSheetTextBlock_lbl" xml:lang="en-US"> Defined benefit plan amounts recognized in Balance sheet text block. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ContributionToQualifiedDefinedContributionPlansCash" xlink:label="bac_ContributionToQualifiedDefinedContributionPlansCash"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ContributionToQualifiedDefinedContributionPlansCash" xlink:to="bac_ContributionToQualifiedDefinedContributionPlansCash_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ContributionToQualifiedDefinedContributionPlansCash_lbl" xml:lang="en-US"> Contribution To Qualified Defined Contribution Plans Cash </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ContributionToQualifiedDefinedContributionPlansCash_lbl" xml:lang="en-US"> Contribution to the qualified defined contribution plans, cash </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ContributionToQualifiedDefinedContributionPlansCash_lbl" xml:lang="en-US"> Represents the contribution to qualified defined contribution plans cash. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CommonStockHeldByDefinedContributionPlansShares" xlink:label="bac_CommonStockHeldByDefinedContributionPlansShares"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CommonStockHeldByDefinedContributionPlansShares" xlink:to="bac_CommonStockHeldByDefinedContributionPlansShares_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CommonStockHeldByDefinedContributionPlansShares_lbl" xml:lang="en-US"> Common stock held by defined contribution plans, shares </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CommonStockHeldByDefinedContributionPlansShares_lbl" xml:lang="en-US"> Represents the common stock held by defined contribution plans shares. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CommonStockHeldByDefinedContributionPlansShares_lbl" xml:lang="en-US"> Common stock held by defined contribution plans, shares </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PaymentsToPlansForDividendsOnCommonStock" xlink:label="bac_PaymentsToPlansForDividendsOnCommonStock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PaymentsToPlansForDividendsOnCommonStock" xlink:to="bac_PaymentsToPlansForDividendsOnCommonStock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PaymentsToPlansForDividendsOnCommonStock_lbl" xml:lang="en-US"> Payments To Plans For Dividends On Common Stock </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PaymentsToPlansForDividendsOnCommonStock_lbl" xml:lang="en-US"> Payments to plans for dividends on common stock </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PaymentsToPlansForDividendsOnCommonStock_lbl" xml:lang="en-US"> Represents the payments to plans for dividends on common stock. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PerformanceByGeographicalAreaTablesAbstract" xlink:label="bac_PerformanceByGeographicalAreaTablesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PerformanceByGeographicalAreaTablesAbstract" xlink:to="bac_PerformanceByGeographicalAreaTablesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PerformanceByGeographicalAreaTablesAbstract_lbl" xml:lang="en-US"> Performance by Geographical Area (Tables) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PerformanceByGeographicalAreaTablesAbstract_lbl" xml:lang="en-US"> Performance by Geographical Area (Tables) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PerformanceByGeographicalAreaTablesAbstract_lbl" xml:lang="en-US"> Performance by Geographical Area Tables Abstract. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_EntityWideInformationAboutGeographicAreasTextBlock" xlink:label="bac_EntityWideInformationAboutGeographicAreasTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_EntityWideInformationAboutGeographicAreasTextBlock" xlink:to="bac_EntityWideInformationAboutGeographicAreasTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_EntityWideInformationAboutGeographicAreasTextBlock_lbl" xml:lang="en-US"> Entity Wide Information About Geographic Areas Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_EntityWideInformationAboutGeographicAreasTextBlock_lbl" xml:lang="en-US"> Geographic performance based on thebusiness unit structure </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_EntityWideInformationAboutGeographicAreasTextBlock_lbl" xml:lang="en-US"> Entity Wide Information About Geographic Areas. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PerformanceByGeographicalAreaDetailsAbstract" xlink:label="bac_PerformanceByGeographicalAreaDetailsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PerformanceByGeographicalAreaDetailsAbstract" xlink:to="bac_PerformanceByGeographicalAreaDetailsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PerformanceByGeographicalAreaDetailsAbstract_lbl" xml:lang="en-US"> Performance by Geographical Area (Details) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PerformanceByGeographicalAreaDetailsAbstract_lbl" xml:lang="en-US"> Performance by Geographical Area (Details) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PerformanceByGeographicalAreaDetailsAbstract_lbl" xml:lang="en-US"> Performance by Geographical Area Details Abstract. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PerformanceByGeographicalAreaTable" xlink:label="bac_PerformanceByGeographicalAreaTable"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PerformanceByGeographicalAreaTable" xlink:to="bac_PerformanceByGeographicalAreaTable_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PerformanceByGeographicalAreaTable_lbl" xml:lang="en-US"> Performance by Geographical Area [Table] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PerformanceByGeographicalAreaTable_lbl" xml:lang="en-US"> Performance by Geographical Area Table. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_SegmentGeographicalGroupsOfCountriesGroupOneMember" xlink:label="us-gaap_SegmentGeographicalGroupsOfCountriesGroupOneMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SegmentGeographicalGroupsOfCountriesGroupOneMember" xlink:to="lab_SegmentGeographicalGroupsOfCountriesGroupOneMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_SegmentGeographicalGroupsOfCountriesGroupOneMember" xml:lang="en-US"> Asia [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_SegmentGeographicalGroupsOfCountriesGroupOneMember" xml:lang="en-US"> Asia [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_SegmentGeographicalGroupsOfCountriesGroupTwoMember" xlink:label="us-gaap_SegmentGeographicalGroupsOfCountriesGroupTwoMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SegmentGeographicalGroupsOfCountriesGroupTwoMember" xlink:to="lab_SegmentGeographicalGroupsOfCountriesGroupTwoMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_SegmentGeographicalGroupsOfCountriesGroupTwoMember" xml:lang="en-US"> Europe, Middle East and Africa [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_SegmentGeographicalGroupsOfCountriesGroupTwoMember" xml:lang="en-US"> Europe, Middle East and Africa [Member] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SegmentGeographicalGroupsOfCountriesGroupThreeMember" xlink:label="bac_SegmentGeographicalGroupsOfCountriesGroupThreeMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SegmentGeographicalGroupsOfCountriesGroupThreeMember" xlink:to="bac_SegmentGeographicalGroupsOfCountriesGroupThreeMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SegmentGeographicalGroupsOfCountriesGroupThreeMember_lbl" xml:lang="en-US"> Latin America and the Caribbean [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_SegmentGeographicalGroupsOfCountriesGroupThreeMember_lbl" xml:lang="en-US"> Latin America and the Caribbean [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SegmentGeographicalGroupsOfCountriesGroupThreeMember_lbl" xml:lang="en-US"> Segment Geographical Groups Of Countries Group Three Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SegmentGeographicalGroupsOfCountriesGroupFourMember" xlink:label="bac_SegmentGeographicalGroupsOfCountriesGroupFourMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SegmentGeographicalGroupsOfCountriesGroupFourMember" xlink:to="bac_SegmentGeographicalGroupsOfCountriesGroupFourMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SegmentGeographicalGroupsOfCountriesGroupFourMember_lbl" xml:lang="en-US"> Canada [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_SegmentGeographicalGroupsOfCountriesGroupFourMember_lbl" xml:lang="en-US"> Canada [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SegmentGeographicalGroupsOfCountriesGroupFourMember_lbl" xml:lang="en-US"> Segment geographical groups of countries group four member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PerformanceByGeographicalAreaLineItems" xlink:label="bac_PerformanceByGeographicalAreaLineItems"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PerformanceByGeographicalAreaLineItems" xlink:to="bac_PerformanceByGeographicalAreaLineItems_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PerformanceByGeographicalAreaLineItems_lbl" xml:lang="en-US"> Performance by Geographical Area [Line Items] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PerformanceByGeographicalAreaLineItems_lbl" xml:lang="en-US"> Performance by Geographical Area Line Items. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_GeograhicPerformanceBasedOnBusinessUnitStructureAbstract" xlink:label="bac_GeograhicPerformanceBasedOnBusinessUnitStructureAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_GeograhicPerformanceBasedOnBusinessUnitStructureAbstract" xlink:to="bac_GeograhicPerformanceBasedOnBusinessUnitStructureAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_GeograhicPerformanceBasedOnBusinessUnitStructureAbstract_lbl" xml:lang="en-US"> Geograhic Performance Based On Business Unit Structure Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_GeograhicPerformanceBasedOnBusinessUnitStructureAbstract_lbl" xml:lang="en-US"> Geograhic Performance Based On Business Unit Structure Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_GeograhicPerformanceBasedOnBusinessUnitStructureAbstract_lbl" xml:lang="en-US"> Geograhic Performance Based On Business Unit Structure </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_EntityWideDisclosureOnGeographicAreasLongLivedAssetsInEntitysCountryOfDomicile" xlink:label="us-gaap_EntityWideDisclosureOnGeographicAreasLongLivedAssetsInEntitysCountryOfDomicile"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EntityWideDisclosureOnGeographicAreasLongLivedAssetsInEntitysCountryOfDomicile" xlink:to="lab_EntityWideDisclosureOnGeographicAreasLongLivedAssetsInEntitysCountryOfDomicile"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_EntityWideDisclosureOnGeographicAreasLongLivedAssetsInEntitysCountryOfDomicile" xml:lang="en-US"> Entity-Wide Disclosure on Geographic Areas, Long-Lived Assets in Entity's Country of Domicile </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_EntityWideDisclosureOnGeographicAreasLongLivedAssetsInEntitysCountryOfDomicile" xml:lang="en-US"> Total Assets, Domestic </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_EntityWideDisclosureOnGeographicAreasLongLivedAssetsInForeignCountries" xlink:label="us-gaap_EntityWideDisclosureOnGeographicAreasLongLivedAssetsInForeignCountries"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EntityWideDisclosureOnGeographicAreasLongLivedAssetsInForeignCountries" xlink:to="lab_EntityWideDisclosureOnGeographicAreasLongLivedAssetsInForeignCountries"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_EntityWideDisclosureOnGeographicAreasLongLivedAssetsInForeignCountries" xml:lang="en-US"> Entity-Wide Disclosure on Geographic Areas, Long-Lived Assets in Foreign Countries </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_EntityWideDisclosureOnGeographicAreasLongLivedAssetsInForeignCountries" xml:lang="en-US"> Total Assets, Foreign </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_EntityWideDisclosureOnGeographicAreasRevenueFromExternalCustomersAttributedToEntitysCountryOfDomicile" xlink:label="us-gaap_EntityWideDisclosureOnGeographicAreasRevenueFromExternalCustomersAttributedToEntitysCountryOfDomicile"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EntityWideDisclosureOnGeographicAreasRevenueFromExternalCustomersAttributedToEntitysCountryOfDomicile" xlink:to="lab_EntityWideDisclosureOnGeographicAreasRevenueFromExternalCustomersAttributedToEntitysCountryOfDomicile"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_EntityWideDisclosureOnGeographicAreasRevenueFromExternalCustomersAttributedToEntitysCountryOfDomicile" xml:lang="en-US"> Entity-Wide Disclosure on Geographic Areas, Revenue from External Customers Attributed to Entity's Country of Domicile </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_EntityWideDisclosureOnGeographicAreasRevenueFromExternalCustomersAttributedToEntitysCountryOfDomicile" xml:lang="en-US"> Total revenue, net of interest expense , Domestic </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_EntityWideDisclosureOnGeographicAreasRevenueFromExternalCustomersAttributedToForeignCountries" xlink:label="us-gaap_EntityWideDisclosureOnGeographicAreasRevenueFromExternalCustomersAttributedToForeignCountries"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EntityWideDisclosureOnGeographicAreasRevenueFromExternalCustomersAttributedToForeignCountries" xlink:to="lab_EntityWideDisclosureOnGeographicAreasRevenueFromExternalCustomersAttributedToForeignCountries"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_EntityWideDisclosureOnGeographicAreasRevenueFromExternalCustomersAttributedToForeignCountries" xml:lang="en-US"> Entity-Wide Disclosure on Geographic Areas, Revenue from External Customers Attributed to Foreign Countries </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_EntityWideDisclosureOnGeographicAreasRevenueFromExternalCustomersAttributedToForeignCountries" xml:lang="en-US"> Total revenue, net of interest expense , Foreign </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_EntityWideDisclosureOnGeographicAreasIncomeLossBeforeIncomeTaxFromExternalCustomersAttributedToForeignCountries" xlink:label="bac_EntityWideDisclosureOnGeographicAreasIncomeLossBeforeIncomeTaxFromExternalCustomersAttributedToForeignCountries"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_EntityWideDisclosureOnGeographicAreasIncomeLossBeforeIncomeTaxFromExternalCustomersAttributedToForeignCountries" xlink:to="bac_EntityWideDisclosureOnGeographicAreasIncomeLossBeforeIncomeTaxFromExternalCustomersAttributedToForeignCountries_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_EntityWideDisclosureOnGeographicAreasIncomeLossBeforeIncomeTaxFromExternalCustomersAttributedToForeignCountries_lbl" xml:lang="en-US"> Entity Wide Disclosure On Geographic Areas Income Loss Before Income Tax From External Customers Attributed To Foreign Countries </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_EntityWideDisclosureOnGeographicAreasIncomeLossBeforeIncomeTaxFromExternalCustomersAttributedToForeignCountries_lbl" xml:lang="en-US"> Income (loss) before income taxes, Foreign </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_EntityWideDisclosureOnGeographicAreasIncomeLossBeforeIncomeTaxFromExternalCustomersAttributedToForeignCountries_lbl" xml:lang="en-US"> Represents the entity Wide Disclosure On Geographic Areas Income loss before income tax From External Customers Attributed To Foreign Countries. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_EntityWideDisclosureOnGeographicAreasNetIncomeLossFromExternalCustomersAttributedToEntitysCountryOfDomicile" xlink:label="bac_EntityWideDisclosureOnGeographicAreasNetIncomeLossFromExternalCustomersAttributedToEntitysCountryOfDomicile"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_EntityWideDisclosureOnGeographicAreasNetIncomeLossFromExternalCustomersAttributedToEntitysCountryOfDomicile" xlink:to="bac_EntityWideDisclosureOnGeographicAreasNetIncomeLossFromExternalCustomersAttributedToEntitysCountryOfDomicile_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_EntityWideDisclosureOnGeographicAreasNetIncomeLossFromExternalCustomersAttributedToEntitysCountryOfDomicile_lbl" xml:lang="en-US"> Entity Wide Disclosure On Geographic Areas Net Income Loss From External Customers Attributed To Entitys Country Of Domicile </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_EntityWideDisclosureOnGeographicAreasNetIncomeLossFromExternalCustomersAttributedToEntitysCountryOfDomicile_lbl" xml:lang="en-US"> Net Income (Loss), Domestic </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_EntityWideDisclosureOnGeographicAreasNetIncomeLossFromExternalCustomersAttributedToEntitysCountryOfDomicile_lbl" xml:lang="en-US"> Represents the entity Wide Disclosure On Geographic Areas Net Income loss From External Customers Attributed To Entitys Country Of Domicile. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_EntityWideDisclosureOnGeographicAreasNetIncomeLossFromExternalCustomersAttributedToForeignCountries" xlink:label="bac_EntityWideDisclosureOnGeographicAreasNetIncomeLossFromExternalCustomersAttributedToForeignCountries"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_EntityWideDisclosureOnGeographicAreasNetIncomeLossFromExternalCustomersAttributedToForeignCountries" xlink:to="bac_EntityWideDisclosureOnGeographicAreasNetIncomeLossFromExternalCustomersAttributedToForeignCountries_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_EntityWideDisclosureOnGeographicAreasNetIncomeLossFromExternalCustomersAttributedToForeignCountries_lbl" xml:lang="en-US"> Entity Wide Disclosure On Geographic Areas Net Income Loss From External Customers Attributed To Foreign Countries </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_EntityWideDisclosureOnGeographicAreasNetIncomeLossFromExternalCustomersAttributedToForeignCountries_lbl" xml:lang="en-US"> Net Income (Loss), Foreign </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_EntityWideDisclosureOnGeographicAreasNetIncomeLossFromExternalCustomersAttributedToForeignCountries_lbl" xml:lang="en-US"> Represents the entity Wide Disclosure On Geographic Areas Net Income loss From External Customers Attributed To Foreign Countries. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PerformanceByGeographicalAreaTextualsAbstract" xlink:label="bac_PerformanceByGeographicalAreaTextualsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PerformanceByGeographicalAreaTextualsAbstract" xlink:to="bac_PerformanceByGeographicalAreaTextualsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PerformanceByGeographicalAreaTextualsAbstract_lbl" xml:lang="en-US"> Performance by Geographical Area (Textuals) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PerformanceByGeographicalAreaTextualsAbstract_lbl" xml:lang="en-US"> Performance by Geographical Area Textuals Abstract. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PerformanceByGeographicalAreaTextualsAbstract_lbl" xml:lang="en-US"> Performance by Geographical Area (Textuals) [Abstract] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_GainLossOnSaleOfEquityInvestments" xlink:label="us-gaap_GainLossOnSaleOfEquityInvestments"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GainLossOnSaleOfEquityInvestments" xlink:to="lab_GainLossOnSaleOfEquityInvestments"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_GainLossOnSaleOfEquityInvestments" xml:lang="en-US"> Gain (Loss) on Sale of Equity Investments </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_GainLossOnSaleOfEquityInvestments" xml:lang="en-US"> Pre-tax gain on sale of common shares </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_GainLossOnSaleOfEquityInvestments" xml:lang="en-US"> Pre-tax gain on sale of common shares in CCB </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_GainLossOnSaleOfEquityInvestmentsNetOfTax" xlink:label="bac_GainLossOnSaleOfEquityInvestmentsNetOfTax"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_GainLossOnSaleOfEquityInvestmentsNetOfTax" xlink:to="bac_GainLossOnSaleOfEquityInvestmentsNetOfTax_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_GainLossOnSaleOfEquityInvestmentsNetOfTax_lbl" xml:lang="en-US"> Gain Loss On Sale Of Equity Investments Net Of Tax </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_GainLossOnSaleOfEquityInvestmentsNetOfTax_lbl" xml:lang="en-US"> After-tax gain on sale of common shares in CCB </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_GainLossOnSaleOfEquityInvestmentsNetOfTax_lbl" xml:lang="en-US"> Represents the gain (Loss) on Sale of Equity Investments, Net of Tax. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ParentCompanyInformationDetailsAbstract" xlink:label="bac_ParentCompanyInformationDetailsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ParentCompanyInformationDetailsAbstract" xlink:to="bac_ParentCompanyInformationDetailsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ParentCompanyInformationDetailsAbstract_lbl" xml:lang="en-US"> Parent Company Information (Details) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ParentCompanyInformationDetailsAbstract_lbl" xml:lang="en-US"> Parent company information details. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_IncomeAbstract" xlink:label="bac_IncomeAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_IncomeAbstract" xlink:to="bac_IncomeAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_IncomeAbstract_lbl" xml:lang="en-US"> Income Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_IncomeAbstract_lbl" xml:lang="en-US"> Income Abstract. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_IncomeAbstract_lbl" xml:lang="en-US"> Income </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DividendReceivedFromBankHoldingCompaniesAndRelatedSubsidiaries" xlink:label="bac_DividendReceivedFromBankHoldingCompaniesAndRelatedSubsidiaries"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DividendReceivedFromBankHoldingCompaniesAndRelatedSubsidiaries" xlink:to="bac_DividendReceivedFromBankHoldingCompaniesAndRelatedSubsidiaries_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DividendReceivedFromBankHoldingCompaniesAndRelatedSubsidiaries_lbl" xml:lang="en-US"> Dividend Received From Bank Holding Companies And Related Subsidiaries </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_DividendReceivedFromBankHoldingCompaniesAndRelatedSubsidiaries_lbl" xml:lang="en-US"> Bank holding companies and related subsidiaries </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DividendReceivedFromBankHoldingCompaniesAndRelatedSubsidiaries_lbl" xml:lang="en-US"> Represents the dividend received bank holding companies and related subsidiaries. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DividendReceivedFromNonbankCompaniesAndRelatedSubsidiaries" xlink:label="bac_DividendReceivedFromNonbankCompaniesAndRelatedSubsidiaries"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DividendReceivedFromNonbankCompaniesAndRelatedSubsidiaries" xlink:to="bac_DividendReceivedFromNonbankCompaniesAndRelatedSubsidiaries_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DividendReceivedFromNonbankCompaniesAndRelatedSubsidiaries_lbl" xml:lang="en-US"> Dividend Received From Nonbank Companies And Related Subsidiaries </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_DividendReceivedFromNonbankCompaniesAndRelatedSubsidiaries_lbl" xml:lang="en-US"> Nonbank companies and related subsidiaries </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DividendReceivedFromNonbankCompaniesAndRelatedSubsidiaries_lbl" xml:lang="en-US"> Represents the dividend received from nonbank companies and related subsidiaries. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_InterestFromSubsidiaries" xlink:label="bac_InterestFromSubsidiaries"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_InterestFromSubsidiaries" xlink:to="bac_InterestFromSubsidiaries_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_InterestFromSubsidiaries_lbl" xml:lang="en-US"> Interest from subsidiaries </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_InterestFromSubsidiaries_lbl" xml:lang="en-US"> Represents interest income from subsidiaries. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_InterestFromSubsidiaries_lbl" xml:lang="en-US"> Interest from subsidiaries </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TotalIncome" xlink:label="bac_TotalIncome"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TotalIncome" xlink:to="bac_TotalIncome_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TotalIncome_lbl" xml:lang="en-US"> Total Income </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_TotalIncome_lbl" xml:lang="en-US"> Total income </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_TotalIncome_lbl" xml:lang="en-US"> Total Income </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TotalIncome_lbl" xml:lang="en-US"> Represents the portion of consolidated total income for the period, before taxes, which is attributable to the parent. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ExpenseAbstract" xlink:label="bac_ExpenseAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ExpenseAbstract" xlink:to="bac_ExpenseAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ExpenseAbstract_lbl" xml:lang="en-US"> Expense Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ExpenseAbstract_lbl" xml:lang="en-US"> Expense. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ExpenseAbstract_lbl" xml:lang="en-US"> Expense </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TotalExpense" xlink:label="bac_TotalExpense"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TotalExpense" xlink:to="bac_TotalExpense_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TotalExpense_lbl" xml:lang="en-US"> Total Expense </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_TotalExpense_lbl" xml:lang="en-US"> Total expense </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_TotalExpense_lbl" xml:lang="en-US"> Total Expense </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TotalExpense_lbl" xml:lang="en-US"> Represents total expense which is attibutable to the parent. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_IncomeBeforeEquityInUndistributedEarningsOfSubsidiaries" xlink:label="bac_IncomeBeforeEquityInUndistributedEarningsOfSubsidiaries"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_IncomeBeforeEquityInUndistributedEarningsOfSubsidiaries" xlink:to="bac_IncomeBeforeEquityInUndistributedEarningsOfSubsidiaries_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_IncomeBeforeEquityInUndistributedEarningsOfSubsidiaries_lbl" xml:lang="en-US"> Income before equity in undistributed earnings of subsidiaries </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_IncomeBeforeEquityInUndistributedEarningsOfSubsidiaries_lbl" xml:lang="en-US"> Represents income before equity in undistributed earnings of subsidiaries. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_IncomeBeforeEquityInUndistributedEarningsOfSubsidiaries_lbl" xml:lang="en-US"> Income before equity in undistributed earnings of subsidiaries </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_EquityInUndistributedEarningsLossesOfSubsidiariesAbstract" xlink:label="bac_EquityInUndistributedEarningsLossesOfSubsidiariesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_EquityInUndistributedEarningsLossesOfSubsidiariesAbstract" xlink:to="bac_EquityInUndistributedEarningsLossesOfSubsidiariesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_EquityInUndistributedEarningsLossesOfSubsidiariesAbstract_lbl" xml:lang="en-US"> Equity In Undistributed Earnings Losses Of Subsidiaries Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_EquityInUndistributedEarningsLossesOfSubsidiariesAbstract_lbl" xml:lang="en-US"> Equity in undistributed earnings (losses) of subsidiaries: </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_EquityInUndistributedEarningsLossesOfSubsidiariesAbstract_lbl" xml:lang="en-US"> Equity in undistributed earnings (losses) of subsidiaries. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_EquityInUndistributedEarningsLossesInBankHoldingCompaniesAndRelatedSubsidiaries" xlink:label="bac_EquityInUndistributedEarningsLossesInBankHoldingCompaniesAndRelatedSubsidiaries"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_EquityInUndistributedEarningsLossesInBankHoldingCompaniesAndRelatedSubsidiaries" xlink:to="bac_EquityInUndistributedEarningsLossesInBankHoldingCompaniesAndRelatedSubsidiaries_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_EquityInUndistributedEarningsLossesInBankHoldingCompaniesAndRelatedSubsidiaries_lbl" xml:lang="en-US"> Equity In Undistributed Earnings Losses In Bank Holding Companies And Related Subsidiaries </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_EquityInUndistributedEarningsLossesInBankHoldingCompaniesAndRelatedSubsidiaries_lbl" xml:lang="en-US"> Bank holding companies and related subsidiaries </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_EquityInUndistributedEarningsLossesInBankHoldingCompaniesAndRelatedSubsidiaries_lbl" xml:lang="en-US"> Represents equity in undistributed earnings (losses) in Bank holding companies and related subsidiaries. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_EquityInUndistributedEarningsLossesInNonbankCompaniesAndRelatedSubsidiaries" xlink:label="bac_EquityInUndistributedEarningsLossesInNonbankCompaniesAndRelatedSubsidiaries"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_EquityInUndistributedEarningsLossesInNonbankCompaniesAndRelatedSubsidiaries" xlink:to="bac_EquityInUndistributedEarningsLossesInNonbankCompaniesAndRelatedSubsidiaries_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_EquityInUndistributedEarningsLossesInNonbankCompaniesAndRelatedSubsidiaries_lbl" xml:lang="en-US"> Equity In Undistributed Earnings Losses In Nonbank Companies And Related Subsidiaries </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_EquityInUndistributedEarningsLossesInNonbankCompaniesAndRelatedSubsidiaries_lbl" xml:lang="en-US"> Nonbank companies and related subsidiaries </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_EquityInUndistributedEarningsLossesInNonbankCompaniesAndRelatedSubsidiaries_lbl" xml:lang="en-US"> Represents equity in undistributed earnings (losses) in Nonbank companies and related subsidiaries. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TotalEquityInUndistributedEarningsLossesOfSubsidiaries" xlink:label="bac_TotalEquityInUndistributedEarningsLossesOfSubsidiaries"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TotalEquityInUndistributedEarningsLossesOfSubsidiaries" xlink:to="bac_TotalEquityInUndistributedEarningsLossesOfSubsidiaries_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TotalEquityInUndistributedEarningsLossesOfSubsidiaries_lbl" xml:lang="en-US"> Total Equity In Undistributed Earnings Losses Of Subsidiaries </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_TotalEquityInUndistributedEarningsLossesOfSubsidiaries_lbl" xml:lang="en-US"> Total equity in undistributed earnings (losses) of subsidiaries </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TotalEquityInUndistributedEarningsLossesOfSubsidiaries_lbl" xml:lang="en-US"> Represents total equity in undistributed earnings (losses) of subsidiaries. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DividendsAbstract" xlink:label="us-gaap_DividendsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DividendsAbstract" xlink:to="lab_DividendsAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DividendsAbstract" xml:lang="en-US"> Dividends [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DividendsAbstract" xml:lang="en-US"> Dividends from subsidiaries: </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_InterestExpenseBorrowings" xlink:label="us-gaap_InterestExpenseBorrowings"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestExpenseBorrowings" xlink:to="lab_InterestExpenseBorrowings"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_InterestExpenseBorrowings" xml:lang="en-US"> Interest Expense, Borrowings </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_InterestExpenseBorrowings" xml:lang="en-US"> Interest Expense, Borrowings, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_InterestExpenseBorrowings" xml:lang="en-US"> Interest on borrowed funds </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CashHeldAtBankSubsidiaries" xlink:label="bac_CashHeldAtBankSubsidiaries"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CashHeldAtBankSubsidiaries" xlink:to="bac_CashHeldAtBankSubsidiaries_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CashHeldAtBankSubsidiaries_lbl" xml:lang="en-US"> Cash Held At Bank Subsidiaries </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="bac_CashHeldAtBankSubsidiaries_lbl" xml:lang="en-US"> Cash held at bank subsidiaries at December 31 </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="bac_CashHeldAtBankSubsidiaries_lbl" xml:lang="en-US"> Cash held at bank subsidiaries at January 1 </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CashHeldAtBankSubsidiaries_lbl" xml:lang="en-US"> Cash held at bank subsidiaries </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CashHeldAtBankSubsidiaries_lbl" xml:lang="en-US"> Represents cash held at bank subsidiaries. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ReceivablesFromSubsidiariesAbstract" xlink:label="bac_ReceivablesFromSubsidiariesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ReceivablesFromSubsidiariesAbstract" xlink:to="bac_ReceivablesFromSubsidiariesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ReceivablesFromSubsidiariesAbstract_lbl" xml:lang="en-US"> Receivables From Subsidiaries Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ReceivablesFromSubsidiariesAbstract_lbl" xml:lang="en-US"> Receivables from subsidiaries: </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ReceivablesFromSubsidiariesAbstract_lbl" xml:lang="en-US"> Receivables from subsidiaries. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ReceivablesFromBankHoldingCompaniesAndRelatedSubsidiaries" xlink:label="bac_ReceivablesFromBankHoldingCompaniesAndRelatedSubsidiaries"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ReceivablesFromBankHoldingCompaniesAndRelatedSubsidiaries" xlink:to="bac_ReceivablesFromBankHoldingCompaniesAndRelatedSubsidiaries_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ReceivablesFromBankHoldingCompaniesAndRelatedSubsidiaries_lbl" xml:lang="en-US"> Receivables From Bank Holding Companies And Related Subsidiaries </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ReceivablesFromBankHoldingCompaniesAndRelatedSubsidiaries_lbl" xml:lang="en-US"> Bank holding companies and related subsidiaries </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ReceivablesFromBankHoldingCompaniesAndRelatedSubsidiaries_lbl" xml:lang="en-US"> Represents receivables from Bank holding companies and related subsidiaries. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ReceivablesFromNonbankCompaniesAndRelatedSubsidiaries" xlink:label="bac_ReceivablesFromNonbankCompaniesAndRelatedSubsidiaries"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ReceivablesFromNonbankCompaniesAndRelatedSubsidiaries" xlink:to="bac_ReceivablesFromNonbankCompaniesAndRelatedSubsidiaries_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ReceivablesFromNonbankCompaniesAndRelatedSubsidiaries_lbl" xml:lang="en-US"> Receivables From Nonbank Companies And Related Subsidiaries </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ReceivablesFromNonbankCompaniesAndRelatedSubsidiaries_lbl" xml:lang="en-US"> Nonbank companies and related subsidiaries </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ReceivablesFromNonbankCompaniesAndRelatedSubsidiaries_lbl" xml:lang="en-US"> Represents receivables from Nonbank companies and related subsidiaries. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_InvestmentsInSubsidiariesAbstract" xlink:label="bac_InvestmentsInSubsidiariesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_InvestmentsInSubsidiariesAbstract" xlink:to="bac_InvestmentsInSubsidiariesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_InvestmentsInSubsidiariesAbstract_lbl" xml:lang="en-US"> Investments In Subsidiaries Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_InvestmentsInSubsidiariesAbstract_lbl" xml:lang="en-US"> Investments in subsidiaries: </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_InvestmentsInSubsidiariesAbstract_lbl" xml:lang="en-US"> Investments in subsidiaries. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_InvestmentsInBankHoldingCompaniesAndRelatedSubsidiaries" xlink:label="bac_InvestmentsInBankHoldingCompaniesAndRelatedSubsidiaries"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_InvestmentsInBankHoldingCompaniesAndRelatedSubsidiaries" xlink:to="bac_InvestmentsInBankHoldingCompaniesAndRelatedSubsidiaries_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_InvestmentsInBankHoldingCompaniesAndRelatedSubsidiaries_lbl" xml:lang="en-US"> Investments In Bank Holding Companies And Related Subsidiaries </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_InvestmentsInBankHoldingCompaniesAndRelatedSubsidiaries_lbl" xml:lang="en-US"> Bank holding companies and related subsidiaries </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_InvestmentsInBankHoldingCompaniesAndRelatedSubsidiaries_lbl" xml:lang="en-US"> Represents investements in Bank holding companies and related subsidiaries. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_InvestmentsInNonbankCompaniesAndRelatedSubsidiaries" xlink:label="bac_InvestmentsInNonbankCompaniesAndRelatedSubsidiaries"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_InvestmentsInNonbankCompaniesAndRelatedSubsidiaries" xlink:to="bac_InvestmentsInNonbankCompaniesAndRelatedSubsidiaries_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_InvestmentsInNonbankCompaniesAndRelatedSubsidiaries_lbl" xml:lang="en-US"> Investments In Nonbank Companies And Related Subsidiaries </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_InvestmentsInNonbankCompaniesAndRelatedSubsidiaries_lbl" xml:lang="en-US"> Nonbank companies and related subsidiaries </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_InvestmentsInNonbankCompaniesAndRelatedSubsidiaries_lbl" xml:lang="en-US"> Represents investments in Nonbank companies and related subsidiaries. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="us-gaap_LiabilitiesAndStockholdersEquityAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:to="lab_LiabilitiesAndStockholdersEquityAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_LiabilitiesAndStockholdersEquityAbstract" xml:lang="en-US"> Liabilities and Stockholders' Equity [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_LiabilitiesAndStockholdersEquityAbstract" xml:lang="en-US"> Liabilities and shareholders' equity </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PayablesToSubsidiariesAbstract" xlink:label="bac_PayablesToSubsidiariesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PayablesToSubsidiariesAbstract" xlink:to="bac_PayablesToSubsidiariesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PayablesToSubsidiariesAbstract_lbl" xml:lang="en-US"> Payables To Subsidiaries Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PayablesToSubsidiariesAbstract_lbl" xml:lang="en-US"> Payables to subsidiaries: </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PayablesToSubsidiariesAbstract_lbl" xml:lang="en-US"> Payables to subsidiaries. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PayablesToBankHoldingCompaniesAndRelatedSubsidiaries" xlink:label="bac_PayablesToBankHoldingCompaniesAndRelatedSubsidiaries"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PayablesToBankHoldingCompaniesAndRelatedSubsidiaries" xlink:to="bac_PayablesToBankHoldingCompaniesAndRelatedSubsidiaries_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PayablesToBankHoldingCompaniesAndRelatedSubsidiaries_lbl" xml:lang="en-US"> Payables To Bank Holding Companies And Related Subsidiaries </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PayablesToBankHoldingCompaniesAndRelatedSubsidiaries_lbl" xml:lang="en-US"> Bank holding companies and related subsidiaries </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PayablesToBankHoldingCompaniesAndRelatedSubsidiaries_lbl" xml:lang="en-US"> Represents payables to Bank holding companies and related subsidiaries. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PayablesToNonbankCompaniesAndRelatedSubsidiaries" xlink:label="bac_PayablesToNonbankCompaniesAndRelatedSubsidiaries"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PayablesToNonbankCompaniesAndRelatedSubsidiaries" xlink:to="bac_PayablesToNonbankCompaniesAndRelatedSubsidiaries_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PayablesToNonbankCompaniesAndRelatedSubsidiaries_lbl" xml:lang="en-US"> Payables To Nonbank Companies And Related Subsidiaries </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PayablesToNonbankCompaniesAndRelatedSubsidiaries_lbl" xml:lang="en-US"> Nonbank companies and related subsidiaries </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PayablesToNonbankCompaniesAndRelatedSubsidiaries_lbl" xml:lang="en-US"> Represents payables to Nonbank companies and related subsidiaries. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_IncomeStatementRelatedDisclosuresAbstract" xlink:label="us-gaap_IncomeStatementRelatedDisclosuresAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeStatementRelatedDisclosuresAbstract" xlink:to="lab_IncomeStatementRelatedDisclosuresAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_IncomeStatementRelatedDisclosuresAbstract" xml:lang="en-US"> Income Statement Related Disclosures [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_IncomeStatementRelatedDisclosuresAbstract" xml:lang="en-US"> Condensed Statement of Income </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_IncomeLossFromEquityMethodInvestments" xlink:label="us-gaap_IncomeLossFromEquityMethodInvestments"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeLossFromEquityMethodInvestments" xlink:to="lab_IncomeLossFromEquityMethodInvestments"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_IncomeLossFromEquityMethodInvestments" xml:lang="en-US"> Income (Loss) from Equity Method Investments </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_IncomeLossFromEquityMethodInvestments" xml:lang="en-US"> Income (Loss) from Equity Method Investments, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_IncomeLossFromEquityMethodInvestments" xml:lang="en-US"> Equity in undistributed (earnings) losses of subsidiaries </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_PaymentsForProceedsFromInvestments" xlink:label="us-gaap_PaymentsForProceedsFromInvestments"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsForProceedsFromInvestments" xlink:to="lab_PaymentsForProceedsFromInvestments"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_PaymentsForProceedsFromInvestments" xml:lang="en-US"> Payments for (Proceeds from) Investments </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_PaymentsForProceedsFromInvestments" xml:lang="en-US"> Payments for (Proceeds from) Investments, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_PaymentsForProceedsFromInvestments" xml:lang="en-US"> Net (purchases) sales of securities </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NetPaymentsFromToSubsidiaries" xlink:label="bac_NetPaymentsFromToSubsidiaries"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NetPaymentsFromToSubsidiaries" xlink:to="bac_NetPaymentsFromToSubsidiaries_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NetPaymentsFromToSubsidiaries_lbl" xml:lang="en-US"> Net Payments From To Subsidiaries </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NetPaymentsFromToSubsidiaries_lbl" xml:lang="en-US"> Net payments from (to) subsidiaries </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NetPaymentsFromToSubsidiaries_lbl" xml:lang="en-US"> Represents net payments from (to) subsidiaries </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ScheduleOfCondensedFinancialStatementsTable" xlink:label="us-gaap_ScheduleOfCondensedFinancialStatementsTable"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfCondensedFinancialStatementsTable" xlink:to="lab_ScheduleOfCondensedFinancialStatementsTable"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ScheduleOfCondensedFinancialStatementsTable" xml:lang="en-US"> Schedule of Condensed Financial Statements [Table] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CondensedFinancialStatementsCaptionsLineItems" xlink:label="us-gaap_CondensedFinancialStatementsCaptionsLineItems"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CondensedFinancialStatementsCaptionsLineItems" xlink:to="lab_CondensedFinancialStatementsCaptionsLineItems"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CondensedFinancialStatementsCaptionsLineItems" xml:lang="en-US"> Condensed Financial Statements, Captions [Line Items] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_EntityWideDisclosureOnGeographicAreaAxis" xlink:label="bac_EntityWideDisclosureOnGeographicAreaAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_EntityWideDisclosureOnGeographicAreaAxis" xlink:to="bac_EntityWideDisclosureOnGeographicAreaAxis_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_EntityWideDisclosureOnGeographicAreaAxis_lbl" xml:lang="en-US"> Entity Wide Disclosure On Geographic Area [Axis] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_EntityWideDisclosureOnGeographicAreaAxis_lbl" xml:lang="en-US"> Entity Wide Disclosure On Geographic Area Axis. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_EntityWideDisclosureOnGeographicAreaDomain" xlink:label="bac_EntityWideDisclosureOnGeographicAreaDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_EntityWideDisclosureOnGeographicAreaDomain" xlink:to="bac_EntityWideDisclosureOnGeographicAreaDomain_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_EntityWideDisclosureOnGeographicAreaDomain_lbl" xml:lang="en-US"> Entity Wide Disclosure On Geographic Area [Domain] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_EntityWideDisclosureOnGeographicAreaDomain_lbl" xml:lang="en-US"> Entity Wide Disclosure On Geographic Area Domain. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_StockBasedCompensationPlansTablesAbstract" xlink:label="bac_StockBasedCompensationPlansTablesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_StockBasedCompensationPlansTablesAbstract" xlink:to="bac_StockBasedCompensationPlansTablesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_StockBasedCompensationPlansTablesAbstract_lbl" xml:lang="en-US"> Stock-Based Compensation Plans (Tables) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_StockBasedCompensationPlansTablesAbstract_lbl" xml:lang="en-US"> Stock-Based Compensation Plans. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AssumptionsUsedToEstimateFairValueOfStockOptionsTextBlock" xlink:label="bac_AssumptionsUsedToEstimateFairValueOfStockOptionsTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AssumptionsUsedToEstimateFairValueOfStockOptionsTextBlock" xlink:to="bac_AssumptionsUsedToEstimateFairValueOfStockOptionsTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AssumptionsUsedToEstimateFairValueOfStockOptionsTextBlock_lbl" xml:lang="en-US"> Assumptions used to estimate fair value of stock options Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AssumptionsUsedToEstimateFairValueOfStockOptionsTextBlock_lbl" xml:lang="en-US"> Assumptions used to estimate the fair value of the stock options. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AssumptionsUsedToEstimateFairValueOfStockOptionsTextBlock_lbl" xml:lang="en-US"> Assumptions used to estimate the fair value of the stock options </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_StockBasedCompensationPlansDetailsAbstract" xlink:label="bac_StockBasedCompensationPlansDetailsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_StockBasedCompensationPlansDetailsAbstract" xlink:to="bac_StockBasedCompensationPlansDetailsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_StockBasedCompensationPlansDetailsAbstract_lbl" xml:lang="en-US"> Stock-Based Compensation Plans (Details) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_StockBasedCompensationPlansDetailsAbstract_lbl" xml:lang="en-US"> Stock-Based Compensation Plans. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MinimumMember" xlink:label="bac_MinimumMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MinimumMember" xlink:to="bac_MinimumMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MinimumMember_lbl" xml:lang="en-US"> Minimum [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MinimumMember_lbl" xml:lang="en-US"> Minimum Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MaximumMember" xlink:label="bac_MaximumMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MaximumMember" xlink:to="bac_MaximumMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MaximumMember_lbl" xml:lang="en-US"> Maximum [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MaximumMember_lbl" xml:lang="en-US"> Maximum Member. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsAndMethodologyAbstract" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsAndMethodologyAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsAndMethodologyAbstract" xlink:to="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsAndMethodologyAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsAndMethodologyAbstract" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions and Methodology [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsAndMethodologyAbstract" xml:lang="en-US"> Assumptions used to estimate the fair value of the stock options </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate" xlink:to="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate" xml:lang="en-US"> Risk-free interest rate of common stock </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate" xml:lang="en-US"> Risk-free interest rate </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate" xlink:to="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Rate </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate" xml:lang="en-US"> Expected dividend yield </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate" xml:lang="en-US"> Dividend yield </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate" xlink:to="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate" xml:lang="en-US"> Expected volatility </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate" xlink:to="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Weighted Average Volatility Rate </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate" xml:lang="en-US"> Weighted-average volatility </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedTerm" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedTerm"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedTerm" xlink:to="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedTerm"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedTerm" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedTerm" xml:lang="en-US"> Expected lives (years) </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_EmployeeStockOptionsTextBlock" xlink:label="bac_EmployeeStockOptionsTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_EmployeeStockOptionsTextBlock" xlink:to="bac_EmployeeStockOptionsTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_EmployeeStockOptionsTextBlock_lbl" xml:lang="en-US"> Employee stock options Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_EmployeeStockOptionsTextBlock_lbl" xml:lang="en-US"> Employee stock options. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_EmployeeStockOptionsTextBlock_lbl" xml:lang="en-US"> Employee stock options </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward" xlink:to="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested [Roll Forward] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward" xml:lang="en-US"> Restricted stock/unit awards </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingRollForward" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingRollForward"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingRollForward" xlink:to="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingRollForward"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingRollForward" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingRollForward" xml:lang="en-US"> Employee stock options </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" xlink:to="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" xml:lang="en-US"> Outstanding at December 31, 2010, shares </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" xml:lang="en-US"> Outstanding at January 1, 2010, shares </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" xml:lang="en-US"> Outstanding options under Key Associate Stock Plan </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" xlink:to="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" xml:lang="en-US"> Outstanding at December 31, 2010, weighted average exercise price </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" xml:lang="en-US"> Outstanding at January 1, 2010, weighted average exercise price </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriod" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriod"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriod" xlink:to="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriod"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriod" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriod" xml:lang="en-US"> Exercised, shares </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice" xlink:to="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period, Weighted Average Exercise Price </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice" xml:lang="en-US"> Exercised, weighted average exercise price </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod" xlink:to="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Options, Forfeitures in Period </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod" xml:lang="en-US"> Forfeited, shares </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice" xlink:to="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Options, Forfeitures in Period, Weighted Average Exercise Price </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice" xml:lang="en-US"> Forefeited, weighted average exercise price </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber" xlink:to="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber" xml:lang="en-US"> Fully vested options, outstanding </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber" xml:lang="en-US"> Options vested and expected to vest, shares </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice" xlink:to="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice" xml:lang="en-US"> Options exercisable at December 31, 2010, weighted average exercise price </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Exercise Price </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber" xlink:to="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Number </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber" xml:lang="en-US"> Options exercisable at December 31, 2010, shares </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice" xlink:to="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Weighted Average Exercise Price </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice" xml:lang="en-US"> Options vested and expected to vest, weighted average exercise price </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_EmployeeStockOptionMember" xlink:label="us-gaap_EmployeeStockOptionMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EmployeeStockOptionMember" xlink:to="lab_EmployeeStockOptionMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_EmployeeStockOptionMember" xml:lang="en-US"> Employee Stock Options Plans [Member] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_RestrictedStockAwardsTextBlock" xlink:label="bac_RestrictedStockAwardsTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_RestrictedStockAwardsTextBlock" xlink:to="bac_RestrictedStockAwardsTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_RestrictedStockAwardsTextBlock_lbl" xml:lang="en-US"> Restricted stock awards Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_RestrictedStockAwardsTextBlock_lbl" xml:lang="en-US"> Restricted stock/unit awards. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_RestrictedStockAwardsTextBlock_lbl" xml:lang="en-US"> Restricted stock/unit awards </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber" xlink:to="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber" xml:lang="en-US"> Outstanding at December 31, 2010, shares </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber" xml:lang="en-US"> Outstanding at January 1, 2010, shares </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod" xlink:to="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod" xml:lang="en-US"> Vested, shares </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod" xlink:to="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod" xml:lang="en-US"> Cancelled, shares </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:to="lab_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xml:lang="en-US"> Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DeferredCompensationArrangementWithIndividualShareBasedPaymentsByTypeOfDeferredCompensationAxis" xlink:label="us-gaap_DeferredCompensationArrangementWithIndividualShareBasedPaymentsByTypeOfDeferredCompensationAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredCompensationArrangementWithIndividualShareBasedPaymentsByTypeOfDeferredCompensationAxis" xlink:to="lab_DeferredCompensationArrangementWithIndividualShareBasedPaymentsByTypeOfDeferredCompensationAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DeferredCompensationArrangementWithIndividualShareBasedPaymentsByTypeOfDeferredCompensationAxis" xml:lang="en-US"> Deferred Compensation Arrangement with Individual, Share-based Payments, by Type of Deferred Compensation [Axis] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_TypeOfDeferredCompensationDomain" xlink:label="us-gaap_TypeOfDeferredCompensationDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TypeOfDeferredCompensationDomain" xlink:to="lab_TypeOfDeferredCompensationDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_TypeOfDeferredCompensationDomain" xml:lang="en-US"> Type of Deferred Compensation [Domain] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DeferredCompensationShareBasedPaymentsMember" xlink:label="us-gaap_DeferredCompensationShareBasedPaymentsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredCompensationShareBasedPaymentsMember" xlink:to="lab_DeferredCompensationShareBasedPaymentsMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DeferredCompensationShareBasedPaymentsMember" xml:lang="en-US"> Deferred Compensation, Share-based Payments [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementByShareBasedPaymentAwardAwardTypeAndPlanNameAxis" xlink:label="us-gaap_ScheduleOfShareBasedCompensationArrangementByShareBasedPaymentAwardAwardTypeAndPlanNameAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfShareBasedCompensationArrangementByShareBasedPaymentAwardAwardTypeAndPlanNameAxis" xlink:to="lab_ScheduleOfShareBasedCompensationArrangementByShareBasedPaymentAwardAwardTypeAndPlanNameAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ScheduleOfShareBasedCompensationArrangementByShareBasedPaymentAwardAwardTypeAndPlanNameAxis" xml:lang="en-US"> Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Award Type and Plan Name [Axis] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:to="lab_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xml:lang="en-US"> Share-based Compensation Arrangements by Share-based Payment Award, Award Type and Plan Name [Domain] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_StockBasedCompensationPlansTextualsAbstract" xlink:label="bac_StockBasedCompensationPlansTextualsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_StockBasedCompensationPlansTextualsAbstract" xlink:to="bac_StockBasedCompensationPlansTextualsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_StockBasedCompensationPlansTextualsAbstract_lbl" xml:lang="en-US"> Stock Based Compensation Plans Textuals Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_StockBasedCompensationPlansTextualsAbstract_lbl" xml:lang="en-US"> Stock based Compensation Plans. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_StockBasedCompensationPlansTextualsAbstract_lbl" xml:lang="en-US"> Stock based Compensation Plans (Textuals) [Abstract] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_AllocatedShareBasedCompensationExpense" xlink:label="us-gaap_AllocatedShareBasedCompensationExpense"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AllocatedShareBasedCompensationExpense" xlink:to="lab_AllocatedShareBasedCompensationExpense"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_AllocatedShareBasedCompensationExpense" xml:lang="en-US"> Allocated Share-based Compensation Expense </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_AllocatedShareBasedCompensationExpense" xml:lang="en-US"> Allocated Share-based Compensation Expense, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_AllocatedShareBasedCompensationExpense" xml:lang="en-US"> Compensation cost for the plans </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense" xlink:label="us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense" xlink:to="lab_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense" xml:lang="en-US"> Employee Service Share-based Compensation, Tax Benefit from Compensation Expense </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense" xml:lang="en-US"> Related income tax benefit </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueOfStockOptionsAssumedInConnectionWithCompanyAcquisition" xlink:label="bac_FairValueOfStockOptionsAssumedInConnectionWithCompanyAcquisition"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueOfStockOptionsAssumedInConnectionWithCompanyAcquisition" xlink:to="bac_FairValueOfStockOptionsAssumedInConnectionWithCompanyAcquisition_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueOfStockOptionsAssumedInConnectionWithCompanyAcquisition_lbl" xml:lang="en-US"> Fair value of stock options assumed in connection with the Merrill Lynch acquisition </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueOfStockOptionsAssumedInConnectionWithCompanyAcquisition_lbl" xml:lang="en-US"> Represents the estimated fair value of stock options assumed in connection with the Merrill Lynch acquisition. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FairValueOfStockOptionsAssumedInConnectionWithCompanyAcquisition_lbl" xml:lang="en-US"> Fair value of stock options assumed in connection with the Merrill Lynch acquisition </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_OptionGrantedToPurchaseNumberSharesOfCommonStock" xlink:label="bac_OptionGrantedToPurchaseNumberSharesOfCommonStock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_OptionGrantedToPurchaseNumberSharesOfCommonStock" xlink:to="bac_OptionGrantedToPurchaseNumberSharesOfCommonStock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_OptionGrantedToPurchaseNumberSharesOfCommonStock_lbl" xml:lang="en-US"> Option granted to Purchase number Shares of Common Stock </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_OptionGrantedToPurchaseNumberSharesOfCommonStock_lbl" xml:lang="en-US"> Represents the granted option to purchase a number of common stock shares. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_OptionGrantedToPurchaseNumberSharesOfCommonStock_lbl" xml:lang="en-US"> Option granted to Purchase number Shares of Common Stock </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_KeyEmployeeStockPlanMember" xlink:label="bac_KeyEmployeeStockPlanMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_KeyEmployeeStockPlanMember" xlink:to="bac_KeyEmployeeStockPlanMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_KeyEmployeeStockPlanMember_lbl" xml:lang="en-US"> Key Employee Stock Plan [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_KeyEmployeeStockPlanMember_lbl" xml:lang="en-US"> Key Employee Stock Plan. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_KeyAssociateStockPlanMember" xlink:label="bac_KeyAssociateStockPlanMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_KeyAssociateStockPlanMember" xlink:to="bac_KeyAssociateStockPlanMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_KeyAssociateStockPlanMember_lbl" xml:lang="en-US"> Key Associate Stock Plan [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_KeyAssociateStockPlanMember_lbl" xml:lang="en-US"> Key Associate Stock Plan. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_EmployeeStockPurchasePlanMember" xlink:label="bac_EmployeeStockPurchasePlanMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_EmployeeStockPurchasePlanMember" xlink:to="bac_EmployeeStockPurchasePlanMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_EmployeeStockPurchasePlanMember_lbl" xml:lang="en-US"> Employee Stock Purchase Plan [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_EmployeeStockPurchasePlanMember_lbl" xml:lang="en-US"> Employee Stock Purchase Plan. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TermOfOptionsUnderKeyEmployeeStockPlanInYears" xlink:label="bac_TermOfOptionsUnderKeyEmployeeStockPlanInYears"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TermOfOptionsUnderKeyEmployeeStockPlanInYears" xlink:to="bac_TermOfOptionsUnderKeyEmployeeStockPlanInYears_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TermOfOptionsUnderKeyEmployeeStockPlanInYears_lbl" xml:lang="en-US"> Term of options under Key Employee Stock Plan, In Years </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TermOfOptionsUnderKeyEmployeeStockPlanInYears_lbl" xml:lang="en-US"> Represents the term (in years) of options to purchase under the Key Employee Stock Plan. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_TermOfOptionsUnderKeyEmployeeStockPlanInYears_lbl" xml:lang="en-US"> Term of options under Key Employee Stock Plan, In Years </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AuthorizedAndReservedSharesForGrantUnderKeyAssociateStockPlan" xlink:label="bac_AuthorizedAndReservedSharesForGrantUnderKeyAssociateStockPlan"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AuthorizedAndReservedSharesForGrantUnderKeyAssociateStockPlan" xlink:to="bac_AuthorizedAndReservedSharesForGrantUnderKeyAssociateStockPlan_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AuthorizedAndReservedSharesForGrantUnderKeyAssociateStockPlan_lbl" xml:lang="en-US"> Authorized And Reserved Shares For Grant Under Key Associate Stock Plan </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AuthorizedAndReservedSharesForGrantUnderKeyAssociateStockPlan_lbl" xml:lang="en-US"> Authorized and reserved shares for grant under Key Employee Stock Plan </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AuthorizedAndReservedSharesForGrantUnderKeyAssociateStockPlan_lbl" xml:lang="en-US"> Represents the authorized and reserved shares for grant under Key Associate Stock Plan. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AdditionalSharesGrantedUnderKeyAssociateStockPlan" xlink:label="bac_AdditionalSharesGrantedUnderKeyAssociateStockPlan"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AdditionalSharesGrantedUnderKeyAssociateStockPlan" xlink:to="bac_AdditionalSharesGrantedUnderKeyAssociateStockPlan_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AdditionalSharesGrantedUnderKeyAssociateStockPlan_lbl" xml:lang="en-US"> Additional shares granted under Key Associate Stock Plan </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AdditionalSharesGrantedUnderKeyAssociateStockPlan_lbl" xml:lang="en-US"> Represents additional shares authorized by shareholders for grant under the Key Associate Stock Plan. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AdditionalSharesGrantedUnderKeyAssociateStockPlan_lbl" xml:lang="en-US"> Additional shares granted under Key Associate Stock Plan </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AdditionalSharesGrantedUnderKeyAssociateStockPlanAfterAcquisitionWithAnotherCompany" xlink:label="bac_AdditionalSharesGrantedUnderKeyAssociateStockPlanAfterAcquisitionWithAnotherCompany"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AdditionalSharesGrantedUnderKeyAssociateStockPlanAfterAcquisitionWithAnotherCompany" xlink:to="bac_AdditionalSharesGrantedUnderKeyAssociateStockPlanAfterAcquisitionWithAnotherCompany_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AdditionalSharesGrantedUnderKeyAssociateStockPlanAfterAcquisitionWithAnotherCompany_lbl" xml:lang="en-US"> Additional shares granted under Key Associate Stock Plan after acquisition with Merrill Lynch </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AdditionalSharesGrantedUnderKeyAssociateStockPlanAfterAcquisitionWithAnotherCompany_lbl" xml:lang="en-US"> Represents authorized additional shares for grant under the Key Associate Stock Plan after the acquisition of Merrill Lynch. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AdditionalSharesGrantedUnderKeyAssociateStockPlanAfterAcquisitionWithAnotherCompany_lbl" xml:lang="en-US"> Additional shares granted under Key Associate Stock Plan after acquisition with Merrill Lynch </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NumberOfAnnualInstallments" xlink:label="bac_NumberOfAnnualInstallments"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NumberOfAnnualInstallments" xlink:to="bac_NumberOfAnnualInstallments_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NumberOfAnnualInstallments_lbl" xml:lang="en-US"> Number Of Annual Installments </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NumberOfAnnualInstallments_lbl" xml:lang="en-US"> Number of annual installments beginning one year from the grant date in which restricted stock vest </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NumberOfAnnualInstallments_lbl" xml:lang="en-US"> Represents the vesting of restricted stock in equal number of installments. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_RestrictedStockUnitsGrantedShares" xlink:label="bac_RestrictedStockUnitsGrantedShares"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_RestrictedStockUnitsGrantedShares" xlink:to="bac_RestrictedStockUnitsGrantedShares_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_RestrictedStockUnitsGrantedShares_lbl" xml:lang="en-US"> Restricted Stock Units Granted Shares </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_RestrictedStockUnitsGrantedShares_lbl" xml:lang="en-US"> Restricted stock units granted, Shares </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_RestrictedStockUnitsGrantedShares_lbl" xml:lang="en-US"> Represents the shares of restricted stock units granted. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NumberOfAnnualInstallmentsForSpecificPeriod" xlink:label="bac_NumberOfAnnualInstallmentsForSpecificPeriod"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NumberOfAnnualInstallmentsForSpecificPeriod" xlink:to="bac_NumberOfAnnualInstallmentsForSpecificPeriod_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NumberOfAnnualInstallmentsForSpecificPeriod_lbl" xml:lang="en-US"> Number Of Annual Installments For Specific Period </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NumberOfAnnualInstallmentsForSpecificPeriod_lbl" xml:lang="en-US"> Number of annual installments begining one year from grant date in which restricted stock vest for units granted in 2009 </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NumberOfAnnualInstallmentsForSpecificPeriod_lbl" xml:lang="en-US"> Represents the number of annual installments for a specific period for restricted stock. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NumberOfAnnualInstallmentsBeforeSpecificPeriod" xlink:label="bac_NumberOfAnnualInstallmentsBeforeSpecificPeriod"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NumberOfAnnualInstallmentsBeforeSpecificPeriod" xlink:to="bac_NumberOfAnnualInstallmentsBeforeSpecificPeriod_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NumberOfAnnualInstallmentsBeforeSpecificPeriod_lbl" xml:lang="en-US"> Number of annual installments before a specific period </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NumberOfAnnualInstallmentsBeforeSpecificPeriod_lbl" xml:lang="en-US"> Represents the number of annual installments for a specific period for restricted stock. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NumberOfAnnualInstallmentsBeforeSpecificPeriod_lbl" xml:lang="en-US"> Number of annual installments before a specific period </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_OutstandingRestrictedStockUnits" xlink:label="bac_OutstandingRestrictedStockUnits"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_OutstandingRestrictedStockUnits" xlink:to="bac_OutstandingRestrictedStockUnits_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_OutstandingRestrictedStockUnits_lbl" xml:lang="en-US"> Outstanding restricted stock units </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_OutstandingRestrictedStockUnits_lbl" xml:lang="en-US"> Represents the outstanding shares (in units) of restricted stock. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_OutstandingRestrictedStockUnits_lbl" xml:lang="en-US"> Outstanding restricted stock units </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumberAssumedInMergers" xlink:label="bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumberAssumedInMergers"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumberAssumedInMergers" xlink:to="bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumberAssumedInMergers_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumberAssumedInMergers_lbl" xml:lang="en-US"> Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number Assumed In Mergers </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumberAssumedInMergers_lbl" xml:lang="en-US"> Outstanding options to employees of predecessor companies assumed in mergers </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumberAssumedInMergers_lbl" xml:lang="en-US"> Represents outstanding stock options to employees of predecessor companies assumed in mergers. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm" xlink:to="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term, End of Period </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term, Beginning of Period </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm" xml:lang="en-US"> Weighted average of options outstanding </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm" xlink:to="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Remaining Contractual Term </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm" xml:lang="en-US"> Weighted average of options exercisable </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm" xlink:to="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm" 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 </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm" xml:lang="en-US"> Weighted average of options vested and expected to vest </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue" xlink:to="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue" xml:lang="en-US"> Weighted-average grant-date fair value </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_EmployeeServiceShareBasedCompensationCashFlowEffectCashUsedToSettleAwards" xlink:label="us-gaap_EmployeeServiceShareBasedCompensationCashFlowEffectCashUsedToSettleAwards"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EmployeeServiceShareBasedCompensationCashFlowEffectCashUsedToSettleAwards" xlink:to="lab_EmployeeServiceShareBasedCompensationCashFlowEffectCashUsedToSettleAwards"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_EmployeeServiceShareBasedCompensationCashFlowEffectCashUsedToSettleAwards" xml:lang="en-US"> Employee Service Share-based Compensation, Cash Flow Effect, Cash Used to Settle Awards </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_EmployeeServiceShareBasedCompensationCashFlowEffectCashUsedToSettleAwards" xml:lang="en-US"> Amount of cash used to settle equity instruments </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue" xlink:to="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Total Fair Value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue" xml:lang="en-US"> Total fair value of restricted stock vested </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized" xlink:to="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized" xml:lang="en-US"> Shares authorized under ESPP </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TotalUnrecognizedCompensationCost" xlink:label="bac_TotalUnrecognizedCompensationCost"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TotalUnrecognizedCompensationCost" xlink:to="bac_TotalUnrecognizedCompensationCost_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TotalUnrecognizedCompensationCost_lbl" xml:lang="en-US"> Total unrecognized compensation cost </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TotalUnrecognizedCompensationCost_lbl" xml:lang="en-US"> Represents the total unrecognized compensation cost related to share-based compensation arrangements. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_TotalUnrecognizedCompensationCost_lbl" xml:lang="en-US"> Total unrecognized compensation cost </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_EmployeeServiceShareBasedCompensationUnrecognizedCompensationCostsWeightedAveragePeriodOfRecognition" xlink:label="bac_EmployeeServiceShareBasedCompensationUnrecognizedCompensationCostsWeightedAveragePeriodOfRecognition"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_EmployeeServiceShareBasedCompensationUnrecognizedCompensationCostsWeightedAveragePeriodOfRecognition" xlink:to="bac_EmployeeServiceShareBasedCompensationUnrecognizedCompensationCostsWeightedAveragePeriodOfRecognition_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_EmployeeServiceShareBasedCompensationUnrecognizedCompensationCostsWeightedAveragePeriodOfRecognition_lbl" xml:lang="en-US"> Employee Service Share Based Compensation Unrecognized Compensation Costs Weighted Average Period Of Recognition </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_EmployeeServiceShareBasedCompensationUnrecognizedCompensationCostsWeightedAveragePeriodOfRecognition_lbl" xml:lang="en-US"> Employee Service Share Based Compensation Unrecognized Compensation Costs, Weighted Average Period Of Recognition </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_EmployeeServiceShareBasedCompensationUnrecognizedCompensationCostsWeightedAveragePeriodOfRecognition_lbl" xml:lang="en-US"> Employee Service Share Based Compensation Unrecognized Compensation Costs, Weighted Average Period Of Recognition. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NumberOfOutstandingSharesForAwardsUnderFacaap" xlink:label="bac_NumberOfOutstandingSharesForAwardsUnderFacaap"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NumberOfOutstandingSharesForAwardsUnderFacaap" xlink:to="bac_NumberOfOutstandingSharesForAwardsUnderFacaap_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NumberOfOutstandingSharesForAwardsUnderFacaap_lbl" xml:lang="en-US"> Number of outstanding shares for awards under FACAAP </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NumberOfOutstandingSharesForAwardsUnderFacaap_lbl" xml:lang="en-US"> Represents the number of shares outstanding under the FACAAP. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NumberOfOutstandingSharesForAwardsUnderFacaap_lbl" xml:lang="en-US"> Number of outstanding shares for awards under FACAAP </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MaximumAnnualContributionPerEmployee" xlink:label="bac_MaximumAnnualContributionPerEmployee"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MaximumAnnualContributionPerEmployee" xlink:to="bac_MaximumAnnualContributionPerEmployee_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MaximumAnnualContributionPerEmployee_lbl" xml:lang="en-US"> Maximum annual contribution per employee </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MaximumAnnualContributionPerEmployee_lbl" xml:lang="en-US"> Represents the maximum annual contribution per employee. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_MaximumAnnualContributionPerEmployee_lbl" xml:lang="en-US"> Maximum annual contribution per employee </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ExercisedPriceOfEachEsppStockPurchaseRights" xlink:label="bac_ExercisedPriceOfEachEsppStockPurchaseRights"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ExercisedPriceOfEachEsppStockPurchaseRights" xlink:to="bac_ExercisedPriceOfEachEsppStockPurchaseRights_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ExercisedPriceOfEachEsppStockPurchaseRights_lbl" xml:lang="en-US"> Exercised price of each ESPP stock purchase rights </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ExercisedPriceOfEachEsppStockPurchaseRights_lbl" xml:lang="en-US"> Represents the weighted-average fair value of ESPP stock purchase rights by employees. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ExercisedPriceOfEachEsppStockPurchaseRights_lbl" xml:lang="en-US"> Exercised price of each ESPP stock purchase rights </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MinimumEligibleCompensationToPurchaseCommonStockUnderEspp" xlink:label="bac_MinimumEligibleCompensationToPurchaseCommonStockUnderEspp"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MinimumEligibleCompensationToPurchaseCommonStockUnderEspp" xlink:to="bac_MinimumEligibleCompensationToPurchaseCommonStockUnderEspp_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MinimumEligibleCompensationToPurchaseCommonStockUnderEspp_lbl" xml:lang="en-US"> Minimum Eligible Compensation To Purchase Common Stock Under Espp </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_MinimumEligibleCompensationToPurchaseCommonStockUnderEspp_lbl" xml:lang="en-US"> Minimum eligible compensation to purchase common stock under ESPP </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MinimumEligibleCompensationToPurchaseCommonStockUnderEspp_lbl" xml:lang="en-US"> Represents the minimum percentage of eligible compensation to purchase the Corporation's common stock under the Employee Stock Purchase Plan. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MaximumEligibleCompensationToPurchaseCommonStockUnderEspp" xlink:label="bac_MaximumEligibleCompensationToPurchaseCommonStockUnderEspp"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MaximumEligibleCompensationToPurchaseCommonStockUnderEspp" xlink:to="bac_MaximumEligibleCompensationToPurchaseCommonStockUnderEspp_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MaximumEligibleCompensationToPurchaseCommonStockUnderEspp_lbl" xml:lang="en-US"> Maximum eligible compensation to purchase common stock under ESPP </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MaximumEligibleCompensationToPurchaseCommonStockUnderEspp_lbl" xml:lang="en-US"> Represents the maximum percentage of eligible compensation to purchase the Corporation's common stock under the Employee Stock Purchase Plan. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_MaximumEligibleCompensationToPurchaseCommonStockUnderEspp_lbl" xml:lang="en-US"> Maximum eligible compensation to purchase common stock under ESPP </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MaximumDiscountOnPurchases" xlink:label="bac_MaximumDiscountOnPurchases"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MaximumDiscountOnPurchases" xlink:to="bac_MaximumDiscountOnPurchases_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MaximumDiscountOnPurchases_lbl" xml:lang="en-US"> Maximum Discount On Purchases </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_MaximumDiscountOnPurchases_lbl" xml:lang="en-US"> Maximum discount on purchases of average high and low market price on purchase date </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MaximumDiscountOnPurchases_lbl" xml:lang="en-US"> Represents the maximum discount of purchases for the Employee Stock Purchase Plan. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PeriodForAwardsPayableGrantedAfterSpecificPeriod" xlink:label="bac_PeriodForAwardsPayableGrantedAfterSpecificPeriod"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PeriodForAwardsPayableGrantedAfterSpecificPeriod" xlink:to="bac_PeriodForAwardsPayableGrantedAfterSpecificPeriod_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PeriodForAwardsPayableGrantedAfterSpecificPeriod_lbl" xml:lang="en-US"> Period For Awards Payable Granted After Specific Period </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PeriodForAwardsPayableGrantedAfterSpecificPeriod_lbl" xml:lang="en-US"> Number of years after which awards are payable granted after 2003 </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PeriodForAwardsPayableGrantedAfterSpecificPeriod_lbl" xml:lang="en-US"> Represents the number of years from the grant date after a specific period in which awards are payable. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PeriodForAwardsPayableGrantedPriorSpecificPeriod" xlink:label="bac_PeriodForAwardsPayableGrantedPriorSpecificPeriod"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PeriodForAwardsPayableGrantedPriorSpecificPeriod" xlink:to="bac_PeriodForAwardsPayableGrantedPriorSpecificPeriod_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PeriodForAwardsPayableGrantedPriorSpecificPeriod_lbl" xml:lang="en-US"> Period For Awards Payable Granted Prior Specific Period </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PeriodForAwardsPayableGrantedPriorSpecificPeriod_lbl" xml:lang="en-US"> Number of years after which awards are payable granted prior to 2003 </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PeriodForAwardsPayableGrantedPriorSpecificPeriod_lbl" xml:lang="en-US"> Represents the number of years from the grant date after a specific period in which awards are payable. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ParentCompanyInformationTablesAbstract" xlink:label="bac_ParentCompanyInformationTablesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ParentCompanyInformationTablesAbstract" xlink:to="bac_ParentCompanyInformationTablesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ParentCompanyInformationTablesAbstract_lbl" xml:lang="en-US"> Parent Company Information (Tables) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ParentCompanyInformationTablesAbstract_lbl" xml:lang="en-US"> Parent company information. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_BalanceSheetTextBlock" xlink:label="bac_BalanceSheetTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_BalanceSheetTextBlock" xlink:to="bac_BalanceSheetTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_BalanceSheetTextBlock_lbl" xml:lang="en-US"> Balance Sheet Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_BalanceSheetTextBlock_lbl" xml:lang="en-US"> Condensed Balance Sheet </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_BalanceSheetTextBlock_lbl" xml:lang="en-US"> Balance sheet. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_StatementOfCashFlowsTextBlock" xlink:label="bac_StatementOfCashFlowsTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_StatementOfCashFlowsTextBlock" xlink:to="bac_StatementOfCashFlowsTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_StatementOfCashFlowsTextBlock_lbl" xml:lang="en-US"> Statement Of Cash Flows Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_StatementOfCashFlowsTextBlock_lbl" xml:lang="en-US"> Condensed Statement of Cash Flows </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_StatementOfCashFlowsTextBlock_lbl" xml:lang="en-US"> Statement of cash flows. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_StatementOfIncomeTextBlock" xlink:label="bac_StatementOfIncomeTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_StatementOfIncomeTextBlock" xlink:to="bac_StatementOfIncomeTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_StatementOfIncomeTextBlock_lbl" xml:lang="en-US"> Statement Of Income Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_StatementOfIncomeTextBlock_lbl" xml:lang="en-US"> Condensed Statement of Income </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_StatementOfIncomeTextBlock_lbl" xml:lang="en-US"> Statement of income. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_IncomeTaxesTablesAbstract" xlink:label="bac_IncomeTaxesTablesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_IncomeTaxesTablesAbstract" xlink:to="bac_IncomeTaxesTablesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_IncomeTaxesTablesAbstract_lbl" xml:lang="en-US"> Income Taxes (Tables) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_IncomeTaxesTablesAbstract_lbl" xml:lang="en-US"> Income Taxes Tables Abstract. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ComponentsOfIncomeTaxExpenseBenefitTextBlock" xlink:label="bac_ComponentsOfIncomeTaxExpenseBenefitTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ComponentsOfIncomeTaxExpenseBenefitTextBlock" xlink:to="bac_ComponentsOfIncomeTaxExpenseBenefitTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ComponentsOfIncomeTaxExpenseBenefitTextBlock_lbl" xml:lang="en-US"> Components Of Income Tax Expense Benefit Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ComponentsOfIncomeTaxExpenseBenefitTextBlock_lbl" xml:lang="en-US"> Components of income tax expense (benefit) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ComponentsOfIncomeTaxExpenseBenefitTextBlock_lbl" xml:lang="en-US"> Components of income tax expense (benefit). </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ReconciliationBetweenExpectedFederalIncomeTaxExpenseToActualIncomeTaxExpenseBenefitTextBlock" xlink:label="bac_ReconciliationBetweenExpectedFederalIncomeTaxExpenseToActualIncomeTaxExpenseBenefitTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ReconciliationBetweenExpectedFederalIncomeTaxExpenseToActualIncomeTaxExpenseBenefitTextBlock" xlink:to="bac_ReconciliationBetweenExpectedFederalIncomeTaxExpenseToActualIncomeTaxExpenseBenefitTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ReconciliationBetweenExpectedFederalIncomeTaxExpenseToActualIncomeTaxExpenseBenefitTextBlock_lbl" xml:lang="en-US"> Reconciliation Between Expected Federal Income Tax Expense To Actual Income Tax Expense Benefit Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ReconciliationBetweenExpectedFederalIncomeTaxExpenseToActualIncomeTaxExpenseBenefitTextBlock_lbl" xml:lang="en-US"> Reconciliation between the expected federal income tax expense to actual income tax expense (benefit) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ReconciliationBetweenExpectedFederalIncomeTaxExpenseToActualIncomeTaxExpenseBenefitTextBlock_lbl" xml:lang="en-US"> Reconciliation between the expected federal income tax expense to actual income tax expense (benefit). </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_IncomeTaxesDetailsAbstract" xlink:label="bac_IncomeTaxesDetailsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_IncomeTaxesDetailsAbstract" xlink:to="bac_IncomeTaxesDetailsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_IncomeTaxesDetailsAbstract_lbl" xml:lang="en-US"> Income Taxes (Details) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_IncomeTaxesDetailsAbstract_lbl" xml:lang="en-US"> Income Taxes Details Abstract. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ReconciliationBetweenExpectedFederalIncomeTaxExpenseToActualIncomeTaxExpenseBenefitAbstract" xlink:label="bac_ReconciliationBetweenExpectedFederalIncomeTaxExpenseToActualIncomeTaxExpenseBenefitAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ReconciliationBetweenExpectedFederalIncomeTaxExpenseToActualIncomeTaxExpenseBenefitAbstract" xlink:to="bac_ReconciliationBetweenExpectedFederalIncomeTaxExpenseToActualIncomeTaxExpenseBenefitAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ReconciliationBetweenExpectedFederalIncomeTaxExpenseToActualIncomeTaxExpenseBenefitAbstract_lbl" xml:lang="en-US"> Reconciliation Between Expected Federal Income Tax Expense To Actual Income Tax Expense Benefit Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ReconciliationBetweenExpectedFederalIncomeTaxExpenseToActualIncomeTaxExpenseBenefitAbstract_lbl" xml:lang="en-US"> Reconciliation between the expected federal income tax expense to actual income tax expense (benefit) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ReconciliationBetweenExpectedFederalIncomeTaxExpenseToActualIncomeTaxExpenseBenefitAbstract_lbl" xml:lang="en-US"> Reconciliation between the expected federal income tax expense to actual income tax expense (benefit). </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_IncreaseDecreaseInTaxesResultingFromAbstract" xlink:label="bac_IncreaseDecreaseInTaxesResultingFromAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_IncreaseDecreaseInTaxesResultingFromAbstract" xlink:to="bac_IncreaseDecreaseInTaxesResultingFromAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_IncreaseDecreaseInTaxesResultingFromAbstract_lbl" xml:lang="en-US"> Increase Decrease In Taxes Resulting From Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_IncreaseDecreaseInTaxesResultingFromAbstract_lbl" xml:lang="en-US"> Increase (decrease) in taxes resulting from: </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_IncreaseDecreaseInTaxesResultingFromAbstract_lbl" xml:lang="en-US"> Increase (decrease) in taxes resulting from. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_IncomeTaxReconciliationLeveragedLeaseTaxDifferential" xlink:label="bac_IncomeTaxReconciliationLeveragedLeaseTaxDifferential"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_IncomeTaxReconciliationLeveragedLeaseTaxDifferential" xlink:to="bac_IncomeTaxReconciliationLeveragedLeaseTaxDifferential_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_IncomeTaxReconciliationLeveragedLeaseTaxDifferential_lbl" xml:lang="en-US"> Income Tax Reconciliation Leveraged Lease Tax Differential </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_IncomeTaxReconciliationLeveragedLeaseTaxDifferential_lbl" xml:lang="en-US"> Leveraged lease tax differential </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_IncomeTaxReconciliationLeveragedLeaseTaxDifferential_lbl" xml:lang="en-US"> Income Tax Reconciliation Leveraged lease tax differential. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_EffectiveIncomeTaxRateReconciliationLeveragedLeaseTaxDifferential" xlink:label="bac_EffectiveIncomeTaxRateReconciliationLeveragedLeaseTaxDifferential"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_EffectiveIncomeTaxRateReconciliationLeveragedLeaseTaxDifferential" xlink:to="bac_EffectiveIncomeTaxRateReconciliationLeveragedLeaseTaxDifferential_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_EffectiveIncomeTaxRateReconciliationLeveragedLeaseTaxDifferential_lbl" xml:lang="en-US"> Effective Income Tax Rate Reconciliation Leveraged Lease Tax Differential </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_EffectiveIncomeTaxRateReconciliationLeveragedLeaseTaxDifferential_lbl" xml:lang="en-US"> Leveraged lease tax differential, Tax Rate </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_EffectiveIncomeTaxRateReconciliationLeveragedLeaseTaxDifferential_lbl" xml:lang="en-US"> Effective Income Tax Rate Reconciliation Leveraged lease tax differential. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_IncomeTaxReconciliationChangeInUSFederalValuationAllowance" xlink:label="bac_IncomeTaxReconciliationChangeInUSFederalValuationAllowance"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_IncomeTaxReconciliationChangeInUSFederalValuationAllowance" xlink:to="bac_IncomeTaxReconciliationChangeInUSFederalValuationAllowance_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_IncomeTaxReconciliationChangeInUSFederalValuationAllowance_lbl" xml:lang="en-US"> Income Tax Reconciliation Change In U S Federal Valuation Allowance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_IncomeTaxReconciliationChangeInUSFederalValuationAllowance_lbl" xml:lang="en-US"> Change in federal deferred tax asset valuation allowance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_IncomeTaxReconciliationChangeInUSFederalValuationAllowance_lbl" xml:lang="en-US"> Income Tax Reconciliation Change In U.S. federal Valuation Allowance. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_EffectiveIncomeTaxRateReconciliationChangeInUSFederalValuationAllowance" xlink:label="bac_EffectiveIncomeTaxRateReconciliationChangeInUSFederalValuationAllowance"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_EffectiveIncomeTaxRateReconciliationChangeInUSFederalValuationAllowance" xlink:to="bac_EffectiveIncomeTaxRateReconciliationChangeInUSFederalValuationAllowance_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_EffectiveIncomeTaxRateReconciliationChangeInUSFederalValuationAllowance_lbl" xml:lang="en-US"> Effective Income Tax Rate Reconciliation Change In U S Federal Valuation Allowance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_EffectiveIncomeTaxRateReconciliationChangeInUSFederalValuationAllowance_lbl" xml:lang="en-US"> Change in federal deferred tax asset valuation allowance, Tax Rate </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_EffectiveIncomeTaxRateReconciliationChangeInUSFederalValuationAllowance_lbl" xml:lang="en-US"> Effective Income Tax Rate Reconciliation Change In US federal valuation allowance. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_IncomeTaxReconciliationLossOnCertainForeignSubsidiaryStock" xlink:label="bac_IncomeTaxReconciliationLossOnCertainForeignSubsidiaryStock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_IncomeTaxReconciliationLossOnCertainForeignSubsidiaryStock" xlink:to="bac_IncomeTaxReconciliationLossOnCertainForeignSubsidiaryStock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_IncomeTaxReconciliationLossOnCertainForeignSubsidiaryStock_lbl" xml:lang="en-US"> Income Tax Reconciliation Loss On Certain Foreign Subsidiary Stock </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_IncomeTaxReconciliationLossOnCertainForeignSubsidiaryStock_lbl" xml:lang="en-US"> Loss on certain non-U.S. subsidiary stock </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_IncomeTaxReconciliationLossOnCertainForeignSubsidiaryStock_lbl" xml:lang="en-US"> Income Tax Reconciliation Loss on certain foreign subsidiary stock. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_EffectiveIncomeTaxRateReconciliationLossOnCertainForeignSubsidiaryStock" xlink:label="bac_EffectiveIncomeTaxRateReconciliationLossOnCertainForeignSubsidiaryStock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_EffectiveIncomeTaxRateReconciliationLossOnCertainForeignSubsidiaryStock" xlink:to="bac_EffectiveIncomeTaxRateReconciliationLossOnCertainForeignSubsidiaryStock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_EffectiveIncomeTaxRateReconciliationLossOnCertainForeignSubsidiaryStock_lbl" xml:lang="en-US"> Effective Income Tax Rate Reconciliation Loss On Certain Foreign Subsidiary Stock </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_EffectiveIncomeTaxRateReconciliationLossOnCertainForeignSubsidiaryStock_lbl" xml:lang="en-US"> Loss on certain non-U.S. subsidiary stock, Tax Rate </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_EffectiveIncomeTaxRateReconciliationLossOnCertainForeignSubsidiaryStock_lbl" xml:lang="en-US"> Effective Income Tax Rate Reconciliation Loss on certain foreign subsidiary stock. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_IncomeTaxReconciliationChangesInPriorPeriodUTBsIncludingInterest" xlink:label="bac_IncomeTaxReconciliationChangesInPriorPeriodUTBsIncludingInterest"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_IncomeTaxReconciliationChangesInPriorPeriodUTBsIncludingInterest" xlink:to="bac_IncomeTaxReconciliationChangesInPriorPeriodUTBsIncludingInterest_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_IncomeTaxReconciliationChangesInPriorPeriodUTBsIncludingInterest_lbl" xml:lang="en-US"> Income Tax Reconciliation Changes In Prior Period U T Bs Including Interest </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_IncomeTaxReconciliationChangesInPriorPeriodUTBsIncludingInterest_lbl" xml:lang="en-US"> Changes in prior period UTBs (including interest) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_IncomeTaxReconciliationChangesInPriorPeriodUTBsIncludingInterest_lbl" xml:lang="en-US"> Income Tax Reconciliation Changes in prior period UTBs (including interest). </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_EffectiveIncomeTaxRateReconciliationChangesInPriorPeriodUTBsIncludingInterest" xlink:label="bac_EffectiveIncomeTaxRateReconciliationChangesInPriorPeriodUTBsIncludingInterest"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_EffectiveIncomeTaxRateReconciliationChangesInPriorPeriodUTBsIncludingInterest" xlink:to="bac_EffectiveIncomeTaxRateReconciliationChangesInPriorPeriodUTBsIncludingInterest_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_EffectiveIncomeTaxRateReconciliationChangesInPriorPeriodUTBsIncludingInterest_lbl" xml:lang="en-US"> Effective Income Tax Rate Reconciliation Changes In Prior Period U T Bs Including Interest </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_EffectiveIncomeTaxRateReconciliationChangesInPriorPeriodUTBsIncludingInterest_lbl" xml:lang="en-US"> Changes in prior period UTBs (including interest), Tax Rate </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_EffectiveIncomeTaxRateReconciliationChangesInPriorPeriodUTBsIncludingInterest_lbl" xml:lang="en-US"> Effective Income Tax Rate Reconciliation Changes in prior period UTBs (including interest).. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_UnrecognizedTaxBenefitsIncreasesResultingFromPositionsAcquiredOrAssumedInBusinessCombinations" xlink:label="bac_UnrecognizedTaxBenefitsIncreasesResultingFromPositionsAcquiredOrAssumedInBusinessCombinations"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_UnrecognizedTaxBenefitsIncreasesResultingFromPositionsAcquiredOrAssumedInBusinessCombinations" xlink:to="bac_UnrecognizedTaxBenefitsIncreasesResultingFromPositionsAcquiredOrAssumedInBusinessCombinations_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_UnrecognizedTaxBenefitsIncreasesResultingFromPositionsAcquiredOrAssumedInBusinessCombinations_lbl" xml:lang="en-US"> Unrecognized Tax Benefits Increases Resulting From Positions Acquired Or Assumed In Business Combinations </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_UnrecognizedTaxBenefitsIncreasesResultingFromPositionsAcquiredOrAssumedInBusinessCombinations_lbl" xml:lang="en-US"> Positions acquired or assumed in business combinations </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_UnrecognizedTaxBenefitsIncreasesResultingFromPositionsAcquiredOrAssumedInBusinessCombinations_lbl" xml:lang="en-US"> Unrecognized tax benefits increases resulting from positions acquired or assumed in business combinations. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ReconciliationOfChangeInUnrecognizedTaxBenefitsTextBlock" xlink:label="bac_ReconciliationOfChangeInUnrecognizedTaxBenefitsTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ReconciliationOfChangeInUnrecognizedTaxBenefitsTextBlock" xlink:to="bac_ReconciliationOfChangeInUnrecognizedTaxBenefitsTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ReconciliationOfChangeInUnrecognizedTaxBenefitsTextBlock_lbl" xml:lang="en-US"> Reconciliation Of Change In Unrecognized Tax Benefits Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ReconciliationOfChangeInUnrecognizedTaxBenefitsTextBlock_lbl" xml:lang="en-US"> Reconciliation of the Change in Unrecognized Tax Benefits </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ReconciliationOfChangeInUnrecognizedTaxBenefitsTextBlock_lbl" xml:lang="en-US"> Reconciliation of change in unrecognized tax benefits. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_IncomeTaxExpenseBenefitContinuingOperationsAbstract" xlink:label="us-gaap_IncomeTaxExpenseBenefitContinuingOperationsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxExpenseBenefitContinuingOperationsAbstract" xlink:to="lab_IncomeTaxExpenseBenefitContinuingOperationsAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_IncomeTaxExpenseBenefitContinuingOperationsAbstract" xml:lang="en-US"> Income Tax Expense (Benefit), Continuing Operations [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_IncomeTaxExpenseBenefitContinuingOperationsAbstract" xml:lang="en-US"> Components of income tax expense (benefit) </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract" xlink:label="us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract" xlink:to="lab_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract" xml:lang="en-US"> Current Income Tax Expense (Benefit), Continuing Operations [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract" xml:lang="en-US"> Current income tax expense (benefit) </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CurrentFederalTaxExpenseBenefit" xlink:label="us-gaap_CurrentFederalTaxExpenseBenefit"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CurrentFederalTaxExpenseBenefit" xlink:to="lab_CurrentFederalTaxExpenseBenefit"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CurrentFederalTaxExpenseBenefit" xml:lang="en-US"> Current Federal Tax Expense (Benefit) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_CurrentFederalTaxExpenseBenefit" xml:lang="en-US"> U.S. federal </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CurrentStateAndLocalTaxExpenseBenefit" xlink:label="us-gaap_CurrentStateAndLocalTaxExpenseBenefit"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CurrentStateAndLocalTaxExpenseBenefit" xlink:to="lab_CurrentStateAndLocalTaxExpenseBenefit"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CurrentStateAndLocalTaxExpenseBenefit" xml:lang="en-US"> Current State and Local Tax Expense (Benefit) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_CurrentStateAndLocalTaxExpenseBenefit" xml:lang="en-US"> U.S. state and local </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CurrentForeignTaxExpenseBenefit" xlink:label="us-gaap_CurrentForeignTaxExpenseBenefit"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CurrentForeignTaxExpenseBenefit" xlink:to="lab_CurrentForeignTaxExpenseBenefit"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CurrentForeignTaxExpenseBenefit" xml:lang="en-US"> Current Foreign Tax Expense (Benefit) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_CurrentForeignTaxExpenseBenefit" xml:lang="en-US"> Non-U.S. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CurrentIncomeTaxExpenseBenefit" xlink:label="us-gaap_CurrentIncomeTaxExpenseBenefit"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CurrentIncomeTaxExpenseBenefit" xlink:to="lab_CurrentIncomeTaxExpenseBenefit"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CurrentIncomeTaxExpenseBenefit" xml:lang="en-US"> Current Income Tax Expense (Benefit) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_CurrentIncomeTaxExpenseBenefit" xml:lang="en-US"> Total current expense (benefit) </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract" xlink:label="us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract" xlink:to="lab_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract" xml:lang="en-US"> Deferred Income Tax Expense (Benefit), Continuing Operations [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract" xml:lang="en-US"> Deferred income tax expense (benefit) </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DeferredFederalIncomeTaxExpenseBenefit" xlink:label="us-gaap_DeferredFederalIncomeTaxExpenseBenefit"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredFederalIncomeTaxExpenseBenefit" xlink:to="lab_DeferredFederalIncomeTaxExpenseBenefit"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DeferredFederalIncomeTaxExpenseBenefit" xml:lang="en-US"> Deferred Federal Income Tax Expense (Benefit) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DeferredFederalIncomeTaxExpenseBenefit" xml:lang="en-US"> U.S. federal </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit" xlink:label="us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit" xlink:to="lab_DeferredStateAndLocalIncomeTaxExpenseBenefit"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DeferredStateAndLocalIncomeTaxExpenseBenefit" xml:lang="en-US"> Deferred State and Local Income Tax Expense (Benefit) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DeferredStateAndLocalIncomeTaxExpenseBenefit" xml:lang="en-US"> U.S. state and local </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DeferredForeignIncomeTaxExpenseBenefit" xlink:label="us-gaap_DeferredForeignIncomeTaxExpenseBenefit"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredForeignIncomeTaxExpenseBenefit" xlink:to="lab_DeferredForeignIncomeTaxExpenseBenefit"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DeferredForeignIncomeTaxExpenseBenefit" xml:lang="en-US"> Deferred Foreign Income Tax Expense (Benefit) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_DeferredForeignIncomeTaxExpenseBenefit" xml:lang="en-US"> Non-U.S. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate" xlink:label="us-gaap_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate" xlink:to="lab_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate" xml:lang="en-US"> Income Tax Reconciliation, Income Tax Expense (Benefit), at Federal Statutory Income Tax Rate </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate" xml:lang="en-US"> Expected U.S. federal income tax expense </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate" xlink:label="us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate" xlink:to="lab_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate" xml:lang="en-US"> Expected U.S. federal income tax expense, Tax Rate </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate" xml:lang="en-US"> Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_IncomeTaxReconciliationStateAndLocalIncomeTaxes" xlink:label="us-gaap_IncomeTaxReconciliationStateAndLocalIncomeTaxes"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxReconciliationStateAndLocalIncomeTaxes" xlink:to="lab_IncomeTaxReconciliationStateAndLocalIncomeTaxes"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_IncomeTaxReconciliationStateAndLocalIncomeTaxes" xml:lang="en-US"> Income Tax Reconciliation, State and Local Income Taxes </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_IncomeTaxReconciliationStateAndLocalIncomeTaxes" xml:lang="en-US"> State tax (benefit) expense, net of federal effect </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes" xlink:label="us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes" xlink:to="lab_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes" xml:lang="en-US"> Effective Income Tax Rate Reconciliation, State and Local Income Taxes </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes" xml:lang="en-US"> State tax (benefit) expense, net of federal effect, Tax Rate </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_IncomeTaxReconciliationTaxCreditsOther" xlink:label="us-gaap_IncomeTaxReconciliationTaxCreditsOther"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxReconciliationTaxCreditsOther" xlink:to="lab_IncomeTaxReconciliationTaxCreditsOther"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_IncomeTaxReconciliationTaxCreditsOther" xml:lang="en-US"> Income Tax Reconciliation, Tax Credits, Other </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_IncomeTaxReconciliationTaxCreditsOther" xml:lang="en-US"> Low income housing credits/other credits </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationTaxCreditsOther" xlink:label="us-gaap_EffectiveIncomeTaxRateReconciliationTaxCreditsOther"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EffectiveIncomeTaxRateReconciliationTaxCreditsOther" xlink:to="lab_EffectiveIncomeTaxRateReconciliationTaxCreditsOther"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_EffectiveIncomeTaxRateReconciliationTaxCreditsOther" xml:lang="en-US"> Effective Income Tax Rate Reconciliation, Tax Credits, Other </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_EffectiveIncomeTaxRateReconciliationTaxCreditsOther" xml:lang="en-US"> Low income housing credits/other credits, Tax Rate </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_IncomeTaxReconciliationTaxExemptIncome" xlink:label="us-gaap_IncomeTaxReconciliationTaxExemptIncome"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxReconciliationTaxExemptIncome" xlink:to="lab_IncomeTaxReconciliationTaxExemptIncome"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_IncomeTaxReconciliationTaxExemptIncome" xml:lang="en-US"> Income Tax Reconciliation, Tax Exempt Income </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_IncomeTaxReconciliationTaxExemptIncome" xml:lang="en-US"> Tax-exempt income, including dividends </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationTaxExemptIncome" xlink:label="us-gaap_EffectiveIncomeTaxRateReconciliationTaxExemptIncome"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EffectiveIncomeTaxRateReconciliationTaxExemptIncome" xlink:to="lab_EffectiveIncomeTaxRateReconciliationTaxExemptIncome"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_EffectiveIncomeTaxRateReconciliationTaxExemptIncome" xml:lang="en-US"> Effective Income Tax Rate Reconciliation, Tax Exempt Income </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_EffectiveIncomeTaxRateReconciliationTaxExemptIncome" xml:lang="en-US"> Tax-exempt income, including dividends, Tax Rate </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_IncomeTaxReconciliationForeignIncomeTaxRateDifferential" xlink:label="us-gaap_IncomeTaxReconciliationForeignIncomeTaxRateDifferential"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxReconciliationForeignIncomeTaxRateDifferential" xlink:to="lab_IncomeTaxReconciliationForeignIncomeTaxRateDifferential"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_IncomeTaxReconciliationForeignIncomeTaxRateDifferential" xml:lang="en-US"> Income Tax Reconciliation, Foreign Income Tax Rate Differential </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_IncomeTaxReconciliationForeignIncomeTaxRateDifferential" xml:lang="en-US"> Non-U.S. tax differential </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential" xlink:label="us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential" xlink:to="lab_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential" xml:lang="en-US"> Effective Income Tax Rate Reconciliation, Foreign Income Tax Rate Differential </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential" xml:lang="en-US"> Non-U.S. tax differential, Tax Rate </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_IncomeTaxReconciliationOtherAdjustments" xlink:label="us-gaap_IncomeTaxReconciliationOtherAdjustments"/>
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<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_IncomeTaxReconciliationOtherAdjustments" xml:lang="en-US"> Income Tax Reconciliation, Other Adjustments </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_IncomeTaxReconciliationOtherAdjustments" xml:lang="en-US"> Other </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments" xlink:label="us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments"/>
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<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_EffectiveIncomeTaxRateReconciliationOtherAdjustments" xml:lang="en-US"> Effective Income Tax Rate Reconciliation, Other Adjustments </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_EffectiveIncomeTaxRateReconciliationOtherAdjustments" xml:lang="en-US"> Other, Tax Rate </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationTaxContingencies" xlink:label="us-gaap_EffectiveIncomeTaxRateReconciliationTaxContingencies"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EffectiveIncomeTaxRateReconciliationTaxContingencies" xlink:to="lab_EffectiveIncomeTaxRateReconciliationTaxContingencies"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_EffectiveIncomeTaxRateReconciliationTaxContingencies" xml:lang="en-US"> Effective Income Tax Rate Reconciliation, Tax Contingencies </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_EffectiveIncomeTaxRateReconciliationTaxContingencies" xml:lang="en-US"> Total income tax expense, Tax Rate </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward" xlink:label="us-gaap_ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward" xlink:to="lab_ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward" xml:lang="en-US"> Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward" xml:lang="en-US"> Reconciliation of the Change in Unrecognized Tax Benefits </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_UnrecognizedTaxBenefits" xlink:label="us-gaap_UnrecognizedTaxBenefits"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_UnrecognizedTaxBenefits" xlink:to="lab_UnrecognizedTaxBenefits"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_UnrecognizedTaxBenefits" xml:lang="en-US"> Unrecognized Tax Benefits </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="lab_UnrecognizedTaxBenefits" xml:lang="en-US"> Ending balance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="lab_UnrecognizedTaxBenefits" xml:lang="en-US"> Beginning balance </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions" xlink:label="us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions" xlink:to="lab_UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions" xml:lang="en-US"> Unrecognized Tax Benefits, Increases Resulting from Prior Period Tax Positions </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions" xml:lang="en-US"> Increases related to positions taken during prior years </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions" xlink:label="us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions" xlink:to="lab_UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions" xml:lang="en-US"> Unrecognized Tax Benefits, Increases Resulting from Current Period Tax Positions </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions" xml:lang="en-US"> Increases related to positions taken during the current year </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions" xlink:label="us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions" xlink:to="lab_UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions" xml:lang="en-US"> Unrecognized Tax Benefits, Decreases Resulting from Prior Period Tax Positions </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions" xml:lang="en-US"> Decreases related to positions taken during prior years </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities" xlink:label="us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities" xlink:to="lab_UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities" xml:lang="en-US"> Unrecognized Tax Benefits, Decreases Resulting from Settlements with Taxing Authorities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities" xml:lang="en-US"> Settlements </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations" xlink:label="us-gaap_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations" xlink:to="lab_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations" xml:lang="en-US"> Unrecognized Tax Benefits, Reductions Resulting from Lapse of Applicable Statute of Limitations </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations" xml:lang="en-US"> Expiration of statute of limitations </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossTax" xlink:label="us-gaap_OtherComprehensiveIncomeLossTax"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherComprehensiveIncomeLossTax" xlink:to="lab_OtherComprehensiveIncomeLossTax"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_OtherComprehensiveIncomeLossTax" xml:lang="en-US"> Other Comprehensive Income (Loss), Tax </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_OtherComprehensiveIncomeLossTax" xml:lang="en-US"> Other Comprehensive Income (Loss), Tax, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_OtherComprehensiveIncomeLossTax" xml:lang="en-US"> Certain deferred tax effects in accumulated OCI </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_IncomeTaxesTextualsAbstract" xlink:label="bac_IncomeTaxesTextualsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_IncomeTaxesTextualsAbstract" xlink:to="bac_IncomeTaxesTextualsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_IncomeTaxesTextualsAbstract_lbl" xml:lang="en-US"> Income Taxes Textuals Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_IncomeTaxesTextualsAbstract_lbl" xml:lang="en-US"> Income Taxes Textuals Abstract. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_IncomeTaxesTextualsAbstract_lbl" xml:lang="en-US"> Income Taxes (Textuals) [Abstract] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TaxEffectOnEmployeeStockPlansOnCommonStock" xlink:label="bac_TaxEffectOnEmployeeStockPlansOnCommonStock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TaxEffectOnEmployeeStockPlansOnCommonStock" xlink:to="bac_TaxEffectOnEmployeeStockPlansOnCommonStock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TaxEffectOnEmployeeStockPlansOnCommonStock_lbl" xml:lang="en-US"> Tax Effect On Employee Stock Plans On Common Stock </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_TaxEffectOnEmployeeStockPlansOnCommonStock_lbl" xml:lang="en-US"> Tax effect on employee stock plans on common stock </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TaxEffectOnEmployeeStockPlansOnCommonStock_lbl" xml:lang="en-US"> Tax effect on employee stock plans on common stock. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TaxEffectOnEmployeeStockPlansOnAdditionalPaidInCapital" xlink:label="bac_TaxEffectOnEmployeeStockPlansOnAdditionalPaidInCapital"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TaxEffectOnEmployeeStockPlansOnAdditionalPaidInCapital" xlink:to="bac_TaxEffectOnEmployeeStockPlansOnAdditionalPaidInCapital_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TaxEffectOnEmployeeStockPlansOnAdditionalPaidInCapital_lbl" xml:lang="en-US"> Tax effect on employee stock plans on additional paid-in capital </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TaxEffectOnEmployeeStockPlansOnAdditionalPaidInCapital_lbl" xml:lang="en-US"> Tax effect on employee stock plans on additional paid in capital. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_TaxEffectOnEmployeeStockPlansOnAdditionalPaidInCapital_lbl" xml:lang="en-US"> Tax effect on employee stock plans on additional paid-in capital </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_SummaryOfIncomeTaxExaminationsTextBlock" xlink:label="us-gaap_SummaryOfIncomeTaxExaminationsTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SummaryOfIncomeTaxExaminationsTextBlock" xlink:to="lab_SummaryOfIncomeTaxExaminationsTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_SummaryOfIncomeTaxExaminationsTextBlock" xml:lang="en-US"> Summary of Income Tax Examinations [Text Block] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_SummaryOfIncomeTaxExaminationsTextBlock" xml:lang="en-US"> Significant U.S. federal examinations (unless otherwise noted) for the Corporation and various acquired subsidiaries </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SignificantComponentsOfCorporationsNetDeferredTaxAssetsAndLiabilitiesTextBlock" xlink:label="bac_SignificantComponentsOfCorporationsNetDeferredTaxAssetsAndLiabilitiesTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SignificantComponentsOfCorporationsNetDeferredTaxAssetsAndLiabilitiesTextBlock" xlink:to="bac_SignificantComponentsOfCorporationsNetDeferredTaxAssetsAndLiabilitiesTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SignificantComponentsOfCorporationsNetDeferredTaxAssetsAndLiabilitiesTextBlock_lbl" xml:lang="en-US"> Significant Components Of Corporations Net Deferred Tax Assets And Liabilities Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_SignificantComponentsOfCorporationsNetDeferredTaxAssetsAndLiabilitiesTextBlock_lbl" xml:lang="en-US"> Significant components of the Corporation's net deferred tax assets and liabilities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SignificantComponentsOfCorporationsNetDeferredTaxAssetsAndLiabilitiesTextBlock_lbl" xml:lang="en-US"> Significant components of the Corporations net deferred tax assets and liabilities. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ComponentsOfDeferredTaxAssetsAndLiabilitiesAbstract" xlink:label="us-gaap_ComponentsOfDeferredTaxAssetsAndLiabilitiesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ComponentsOfDeferredTaxAssetsAndLiabilitiesAbstract" xlink:to="lab_ComponentsOfDeferredTaxAssetsAndLiabilitiesAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ComponentsOfDeferredTaxAssetsAndLiabilitiesAbstract" xml:lang="en-US"> Components of Deferred Tax Assets and Liabilities [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ComponentsOfDeferredTaxAssetsAndLiabilitiesAbstract" xml:lang="en-US"> Significant components of the Corporation's net deferred tax assets and liabilities </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ComponentsOfDeferredTaxAssetsAbstract" xlink:label="us-gaap_ComponentsOfDeferredTaxAssetsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ComponentsOfDeferredTaxAssetsAbstract" xlink:to="lab_ComponentsOfDeferredTaxAssetsAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ComponentsOfDeferredTaxAssetsAbstract" xml:lang="en-US"> Components of Deferred Tax Assets [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ComponentsOfDeferredTaxAssetsAbstract" xml:lang="en-US"> Deferred tax assets </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DeferredTaxAssetsOperatingLossCarryforwards" xlink:label="us-gaap_DeferredTaxAssetsOperatingLossCarryforwards"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxAssetsOperatingLossCarryforwards" xlink:to="lab_DeferredTaxAssetsOperatingLossCarryforwards"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DeferredTaxAssetsOperatingLossCarryforwards" xml:lang="en-US"> Deferred Tax Assets, Operating Loss Carryforwards </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_DeferredTaxAssetsOperatingLossCarryforwards" xml:lang="en-US"> Net Deferred Tax Asset </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_DeferredTaxAssetsOperatingLossCarryforwards" xml:lang="en-US"> Deferred Tax Assets, Operating Loss Carryforwards, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DeferredTaxAssetsOperatingLossCarryforwards" xml:lang="en-US"> Net operating loss carryforwards (NOL) </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsProvisionForLoanLosses" xlink:label="us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsProvisionForLoanLosses"/>
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<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsProvisionForLoanLosses" xml:lang="en-US"> Deferred Tax Assets, Tax Deferred Expense, Reserves and Accruals, Provision for Loan Losses </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsProvisionForLoanLosses" xml:lang="en-US"> Allowance for credit losses </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DeferredTaxAssetsSecurityAndLoanValuation" xlink:label="bac_DeferredTaxAssetsSecurityAndLoanValuation"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DeferredTaxAssetsSecurityAndLoanValuation" xlink:to="bac_DeferredTaxAssetsSecurityAndLoanValuation_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DeferredTaxAssetsSecurityAndLoanValuation_lbl" xml:lang="en-US"> Deferred Tax Assets Security And Loan Valuation </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_DeferredTaxAssetsSecurityAndLoanValuation_lbl" xml:lang="en-US"> Security and loan valuations </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DeferredTaxAssetsSecurityAndLoanValuation_lbl" xml:lang="en-US"> Deferred tax assets,Security and loan valuation. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits" xlink:label="us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits"/>
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<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits" xml:lang="en-US"> Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits" xml:lang="en-US"> Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits" xml:lang="en-US"> Employee compensation and retirement benefits </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DeferredTaxAssetsCapitalLossCarryforwards" xlink:label="us-gaap_DeferredTaxAssetsCapitalLossCarryforwards"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxAssetsCapitalLossCarryforwards" xlink:to="lab_DeferredTaxAssetsCapitalLossCarryforwards"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DeferredTaxAssetsCapitalLossCarryforwards" xml:lang="en-US"> Deferred Tax Assets, Capital Loss Carryforwards </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_DeferredTaxAssetsCapitalLossCarryforwards" xml:lang="en-US"> Capital loss carryforwards </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DeferredTaxAssetsCapitalLossCarryforwards" xml:lang="en-US"> Capital losses, Deffered Tax asset </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsOther" xlink:label="us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsOther"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsOther" xlink:to="lab_DeferredTaxAssetsTaxCreditCarryforwardsOther"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DeferredTaxAssetsTaxCreditCarryforwardsOther" xml:lang="en-US"> Deferred Tax Assets, Tax Credit Carryforwards, Other </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_DeferredTaxAssetsTaxCreditCarryforwardsOther" xml:lang="en-US"> Deferred tax assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DeferredTaxAssetsTaxCreditCarryforwardsOther" xml:lang="en-US"> Other tax credit carryforwards </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities" xlink:label="us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities" xlink:to="lab_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities" xml:lang="en-US"> Deferred Tax Assets, Tax Deferred Expense, Reserves and Accruals, Accrued Liabilities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities" xml:lang="en-US"> Accrued expenses </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DeferredTaxAssetsStateIncomeTaxes" xlink:label="bac_DeferredTaxAssetsStateIncomeTaxes"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DeferredTaxAssetsStateIncomeTaxes" xlink:to="bac_DeferredTaxAssetsStateIncomeTaxes_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DeferredTaxAssetsStateIncomeTaxes_lbl" xml:lang="en-US"> Deferred Tax Assets State Income Taxes </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_DeferredTaxAssetsStateIncomeTaxes_lbl" xml:lang="en-US"> Deferred Tax Assets, State Income Taxes. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_DeferredTaxAssetsStateIncomeTaxes_lbl" xml:lang="en-US"> State income taxes </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DeferredTaxAssetsStateIncomeTaxes_lbl" xml:lang="en-US"> Deferred Tax Assets, State Income Taxes. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DeferredTaxAssetsOther" xlink:label="us-gaap_DeferredTaxAssetsOther"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxAssetsOther" xlink:to="lab_DeferredTaxAssetsOther"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DeferredTaxAssetsOther" xml:lang="en-US"> Deferred Tax Assets, Other </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_DeferredTaxAssetsOther" xml:lang="en-US"> Other </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DeferredTaxAssetsOther" xml:lang="en-US"> Other </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DeferredTaxAssetsGross" xlink:label="us-gaap_DeferredTaxAssetsGross"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxAssetsGross" xlink:to="lab_DeferredTaxAssetsGross"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DeferredTaxAssetsGross" xml:lang="en-US"> Deferred Tax Assets, Gross </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_DeferredTaxAssetsGross" xml:lang="en-US"> Deferred Tax Assets, Gross, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DeferredTaxAssetsGross" xml:lang="en-US"> Gross deferred tax assets </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DeferredTaxAssetsValuationAllowance" xlink:label="us-gaap_DeferredTaxAssetsValuationAllowance"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxAssetsValuationAllowance" xlink:to="lab_DeferredTaxAssetsValuationAllowance"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DeferredTaxAssetsValuationAllowance" xml:lang="en-US"> Deferred Tax Assets, Valuation Allowance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_DeferredTaxAssetsValuationAllowance" xml:lang="en-US"> Valuation allowance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DeferredTaxAssetsValuationAllowance" xml:lang="en-US"> Valuation allowance </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ComponentsOfDeferredTaxLiabilitiesAbstract" xlink:label="us-gaap_ComponentsOfDeferredTaxLiabilitiesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ComponentsOfDeferredTaxLiabilitiesAbstract" xlink:to="lab_ComponentsOfDeferredTaxLiabilitiesAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ComponentsOfDeferredTaxLiabilitiesAbstract" xml:lang="en-US"> Components of Deferred Tax Liabilities [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ComponentsOfDeferredTaxLiabilitiesAbstract" xml:lang="en-US"> Deferred tax liabilities </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DeferredTaxLiabilitiesMortgageServicingRights" xlink:label="us-gaap_DeferredTaxLiabilitiesMortgageServicingRights"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxLiabilitiesMortgageServicingRights" xlink:to="lab_DeferredTaxLiabilitiesMortgageServicingRights"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DeferredTaxLiabilitiesMortgageServicingRights" xml:lang="en-US"> Deferred Tax Liabilities, Mortgage Servicing Rights </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DeferredTaxLiabilitiesMortgageServicingRights" xml:lang="en-US"> Mortgage servicing rights </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DeferredTaxLiabilitiesLongTermBorrowings" xlink:label="bac_DeferredTaxLiabilitiesLongTermBorrowings"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DeferredTaxLiabilitiesLongTermBorrowings" xlink:to="bac_DeferredTaxLiabilitiesLongTermBorrowings_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DeferredTaxLiabilitiesLongTermBorrowings_lbl" xml:lang="en-US"> Deferred Tax Liabilities Long Term Borrowings </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_DeferredTaxLiabilitiesLongTermBorrowings_lbl" xml:lang="en-US"> Long-term borrowings </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DeferredTaxLiabilitiesLongTermBorrowings_lbl" xml:lang="en-US"> Deferred Tax Liabilities, Long Term Borrowings. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets" xlink:label="us-gaap_DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets" xlink:to="lab_DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets" xml:lang="en-US"> Deferred Tax Liabilities, Goodwill and Intangible Assets, Intangible Assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets" xml:lang="en-US"> Intangibles </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DeferredTaxLiabilitiesLeasingArrangements" xlink:label="us-gaap_DeferredTaxLiabilitiesLeasingArrangements"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxLiabilitiesLeasingArrangements" xlink:to="lab_DeferredTaxLiabilitiesLeasingArrangements"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DeferredTaxLiabilitiesLeasingArrangements" xml:lang="en-US"> Deferred Tax Liabilities, Leasing Arrangements </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DeferredTaxLiabilitiesLeasingArrangements" xml:lang="en-US"> Equipment lease financing </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DeferredTaxLiabilitiesTaxDeferredIncome" xlink:label="us-gaap_DeferredTaxLiabilitiesTaxDeferredIncome"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxLiabilitiesTaxDeferredIncome" xlink:to="lab_DeferredTaxLiabilitiesTaxDeferredIncome"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DeferredTaxLiabilitiesTaxDeferredIncome" xml:lang="en-US"> Deferred Tax Liabilities, Tax Deferred Income </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DeferredTaxLiabilitiesTaxDeferredIncome" xml:lang="en-US"> Fee income </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DeferredTaxLiabilitiesAvailableForSaleSecurities" xlink:label="bac_DeferredTaxLiabilitiesAvailableForSaleSecurities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DeferredTaxLiabilitiesAvailableForSaleSecurities" xlink:to="bac_DeferredTaxLiabilitiesAvailableForSaleSecurities_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DeferredTaxLiabilitiesAvailableForSaleSecurities_lbl" xml:lang="en-US"> Deferred Tax Liabilities Available For Sale Securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_DeferredTaxLiabilitiesAvailableForSaleSecurities_lbl" xml:lang="en-US"> Available-for-sale securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DeferredTaxLiabilitiesAvailableForSaleSecurities_lbl" xml:lang="en-US"> Deferred Tax Liabilities,Available-for-Sale Securities. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DeferredTaxLiabilitiesOther" xlink:label="us-gaap_DeferredTaxLiabilitiesOther"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxLiabilitiesOther" xlink:to="lab_DeferredTaxLiabilitiesOther"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DeferredTaxLiabilitiesOther" xml:lang="en-US"> Deferred Tax Liabilities, Other </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_DeferredTaxLiabilitiesOther" xml:lang="en-US"> Other </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DeferredTaxLiabilitiesOther" xml:lang="en-US"> Other </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DeferredTaxLiabilities" xlink:label="us-gaap_DeferredTaxLiabilities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxLiabilities" xlink:to="lab_DeferredTaxLiabilities"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DeferredTaxLiabilities" xml:lang="en-US"> Deferred Tax Liabilities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_DeferredTaxLiabilities" xml:lang="en-US"> Gross deferred liabilities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DeferredTaxLiabilities" xml:lang="en-US"> Gross deferred liabilities </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DeferredTaxAssetsLiabilitiesNet" xlink:label="us-gaap_DeferredTaxAssetsLiabilitiesNet"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxAssetsLiabilitiesNet" xlink:to="lab_DeferredTaxAssetsLiabilitiesNet"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DeferredTaxAssetsLiabilitiesNet" xml:lang="en-US"> Deferred Tax Assets (Liabilities), Net </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_DeferredTaxAssetsLiabilitiesNet" xml:lang="en-US"> Deferred Tax Assets (Liabilities), Net, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DeferredTaxAssetsLiabilitiesNet" xml:lang="en-US"> Net deferred tax assets </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DeferredTaxAssetsAndRelatedValuationAllowancesRecognizedForNetOperatingAndOtherLossCarryforwardsAndTaxCreditCarryforwardsTextBlock" xlink:label="bac_DeferredTaxAssetsAndRelatedValuationAllowancesRecognizedForNetOperatingAndOtherLossCarryforwardsAndTaxCreditCarryforwardsTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DeferredTaxAssetsAndRelatedValuationAllowancesRecognizedForNetOperatingAndOtherLossCarryforwardsAndTaxCreditCarryforwardsTextBlock" xlink:to="bac_DeferredTaxAssetsAndRelatedValuationAllowancesRecognizedForNetOperatingAndOtherLossCarryforwardsAndTaxCreditCarryforwardsTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DeferredTaxAssetsAndRelatedValuationAllowancesRecognizedForNetOperatingAndOtherLossCarryforwardsAndTaxCreditCarryforwardsTextBlock_lbl" xml:lang="en-US"> Deferred Tax Assets And Related Valuation Allowances Recognized For Net Operating And Other Loss Carryforwards And Tax Credit Carryforwards Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_DeferredTaxAssetsAndRelatedValuationAllowancesRecognizedForNetOperatingAndOtherLossCarryforwardsAndTaxCreditCarryforwardsTextBlock_lbl" xml:lang="en-US"> Deferred tax assets and related valuation allowances recognized for the net operating and other loss carryforwards and tax credit carryforwards </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DeferredTaxAssetsAndRelatedValuationAllowancesRecognizedForNetOperatingAndOtherLossCarryforwardsAndTaxCreditCarryforwardsTextBlock_lbl" xml:lang="en-US"> Deferred tax assets and related valuation allowances recognized for the net operating and other loss carryforwards and tax credit carryforwards. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NetOperatingLossesOtherMember" xlink:label="bac_NetOperatingLossesOtherMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NetOperatingLossesOtherMember" xlink:to="bac_NetOperatingLossesOtherMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NetOperatingLossesOtherMember_lbl" xml:lang="en-US"> Net operating losses - other [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NetOperatingLossesOtherMember_lbl" xml:lang="en-US"> Net operating losses other Member. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NetOperatingLossesOtherMember_lbl" xml:lang="en-US"> Net operating losses other Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CapitalLossesMember" xlink:label="bac_CapitalLossesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CapitalLossesMember" xlink:to="bac_CapitalLossesMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CapitalLossesMember_lbl" xml:lang="en-US"> Capital Losses [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CapitalLossesMember_lbl" xml:lang="en-US"> Capital Losses Member </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AlternativeMinimumTaxCreditsMember" xlink:label="bac_AlternativeMinimumTaxCreditsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AlternativeMinimumTaxCreditsMember" xlink:to="bac_AlternativeMinimumTaxCreditsMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AlternativeMinimumTaxCreditsMember_lbl" xml:lang="en-US"> Alternative minimum tax credits [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AlternativeMinimumTaxCreditsMember_lbl" xml:lang="en-US"> Alternative minimum tax credits Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ForeignTaxCreditsMember" xlink:label="bac_ForeignTaxCreditsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ForeignTaxCreditsMember" xlink:to="bac_ForeignTaxCreditsMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ForeignTaxCreditsMember_lbl" xml:lang="en-US"> Foreign tax credits [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ForeignTaxCreditsMember_lbl" xml:lang="en-US"> Foreign tax credits Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DeferredTaxAssetsAndRelatedValuationAllowancesRecognizedForNetOperatingAndOtherLossCarryforwardsAndTaxCreditCarryforwardsAbstract" xlink:label="bac_DeferredTaxAssetsAndRelatedValuationAllowancesRecognizedForNetOperatingAndOtherLossCarryforwardsAndTaxCreditCarryforwardsAbstract"/>
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<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DeferredTaxAssetsAndRelatedValuationAllowancesRecognizedForNetOperatingAndOtherLossCarryforwardsAndTaxCreditCarryforwardsAbstract_lbl" xml:lang="en-US"> Deferred Tax Assets And Related Valuation Allowances Recognized For Net Operating And Other Loss Carryforwards And Tax Credit Carryforwards Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DeferredTaxAssetsAndRelatedValuationAllowancesRecognizedForNetOperatingAndOtherLossCarryforwardsAndTaxCreditCarryforwardsAbstract_lbl" xml:lang="en-US"> Deferred tax assets and related valuation allowances recognized for the net operating and other loss carryforwards and tax credit carryforwards Abstract. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_DeferredTaxAssetsAndRelatedValuationAllowancesRecognizedForNetOperatingAndOtherLossCarryforwardsAndTaxCreditCarryforwardsAbstract_lbl" xml:lang="en-US"> Deferred tax assets and related valuation allowances recognized for the net operating and other loss carryforwards and tax credit carryforwards </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_OperatingLossCarryforwardsValuationAllowance" xlink:label="us-gaap_OperatingLossCarryforwardsValuationAllowance"/>
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<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_OperatingLossCarryforwardsValuationAllowance" xml:lang="en-US"> Operating Loss Carryforwards, Valuation Allowance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_OperatingLossCarryforwardsValuationAllowance" xml:lang="en-US"> Operating Loss Carryforwards, Valuation Allowance, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_OperatingLossCarryforwardsValuationAllowance" xml:lang="en-US"> Valuation Allowance </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NetDeferredTaxAssetsOperatingLossCarryforwards" xlink:label="bac_NetDeferredTaxAssetsOperatingLossCarryforwards"/>
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<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NetDeferredTaxAssetsOperatingLossCarryforwards_lbl" xml:lang="en-US"> Net Deferred Tax Assets Operating Loss Carryforwards </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NetDeferredTaxAssetsOperatingLossCarryforwards_lbl" xml:lang="en-US"> Net Deferred Tax Assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NetDeferredTaxAssetsOperatingLossCarryforwards_lbl" xml:lang="en-US"> Net Deferred Tax Assets Operating Loss Carryforwards. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_OperatingLossCarryforwardsExpirationDates" xlink:label="us-gaap_OperatingLossCarryforwardsExpirationDates"/>
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<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_OperatingLossCarryforwardsExpirationDates" xml:lang="en-US"> Operating Loss Carryforwards, Expiration Dates </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_OperatingLossCarryforwardsExpirationDates" xml:lang="en-US"> First Year Expiring </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CapitalLossCarryforwardsValuationAllowance" xlink:label="bac_CapitalLossCarryforwardsValuationAllowance"/>
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<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CapitalLossCarryforwardsValuationAllowance_lbl" xml:lang="en-US"> Capital Loss Carryforwards Valuation Allowance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CapitalLossCarryforwardsValuationAllowance_lbl" xml:lang="en-US"> Capital losses, Valuation Allowance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CapitalLossCarryforwardsValuationAllowance_lbl" xml:lang="en-US"> Capital loss Carryforwards Valuation Allowance. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NetDeferredTaxAssetsCapitalLossCarryforwards" xlink:label="bac_NetDeferredTaxAssetsCapitalLossCarryforwards"/>
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<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NetDeferredTaxAssetsCapitalLossCarryforwards_lbl" xml:lang="en-US"> Net Deferred Tax Assets Capital Loss Carryforwards </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NetDeferredTaxAssetsCapitalLossCarryforwards_lbl" xml:lang="en-US"> Capital losses, Net Deferred Tax Assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NetDeferredTaxAssetsCapitalLossCarryforwards_lbl" xml:lang="en-US"> Net Deferred Tax Assets Capital Loss Carryforwards. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CapitalLossesCarryforwardsExpirationDates" xlink:label="bac_CapitalLossesCarryforwardsExpirationDates"/>
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<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CapitalLossesCarryforwardsExpirationDates_lbl" xml:lang="en-US"> Capital Losses Carryforwards Expiration Dates </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CapitalLossesCarryforwardsExpirationDates_lbl" xml:lang="en-US"> Capital losses, First Year Expiring </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CapitalLossesCarryforwardsExpirationDates_lbl" xml:lang="en-US"> Capital losses Carryforwards Expiration Dates. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NetDeferredTaxAssetsTaxCreditCarryforwardsOther" xlink:label="bac_NetDeferredTaxAssetsTaxCreditCarryforwardsOther"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NetDeferredTaxAssetsTaxCreditCarryforwardsOther" xlink:to="bac_NetDeferredTaxAssetsTaxCreditCarryforwardsOther_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NetDeferredTaxAssetsTaxCreditCarryforwardsOther_lbl" xml:lang="en-US"> Net Deferred Tax Assets Tax Credit Carryforwards Other </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NetDeferredTaxAssetsTaxCreditCarryforwardsOther_lbl" xml:lang="en-US"> Net Deferred Tax Assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NetDeferredTaxAssetsTaxCreditCarryforwardsOther_lbl" xml:lang="en-US"> Net Deferred Tax Assets Tax Credit Carryforwards Other. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_TaxCreditCarryforwardValuationAllowance" xlink:label="us-gaap_TaxCreditCarryforwardValuationAllowance"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TaxCreditCarryforwardValuationAllowance" xlink:to="lab_TaxCreditCarryforwardValuationAllowance"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_TaxCreditCarryforwardValuationAllowance" xml:lang="en-US"> Tax Credit Carryforward, Valuation Allowance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_TaxCreditCarryforwardValuationAllowance" xml:lang="en-US"> Valuation Allowance </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_TaxCreditCarryforwardExpirationDates" xlink:label="us-gaap_TaxCreditCarryforwardExpirationDates"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TaxCreditCarryforwardExpirationDates" xlink:to="lab_TaxCreditCarryforwardExpirationDates"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_TaxCreditCarryforwardExpirationDates" xml:lang="en-US"> Tax Credit Carryforward, Expiration Dates </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_TaxCreditCarryforwardExpirationDates" xml:lang="en-US"> First Year Expiring </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate" xlink:label="us-gaap_UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate" xlink:to="lab_UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate" xml:lang="en-US"> Unrecognized Tax Benefits that Would Impact Effective Tax Rate </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate" xml:lang="en-US"> Unrecognized tax benefits that would impact effective tax rate </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit" xlink:label="us-gaap_SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit" xlink:to="lab_SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit" xml:lang="en-US"> Significant Change in Unrecognized Tax Benefits is Reasonably Possible, Amount of Unrecorded Benefit </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit" xml:lang="en-US"> Expected decrease in UTB balance during the next twelve months </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_IncomeTaxExaminationPenaltiesAndInterestExpense" xlink:label="us-gaap_IncomeTaxExaminationPenaltiesAndInterestExpense"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxExaminationPenaltiesAndInterestExpense" xlink:to="lab_IncomeTaxExaminationPenaltiesAndInterestExpense"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_IncomeTaxExaminationPenaltiesAndInterestExpense" xml:lang="en-US"> Income Tax Examination, Penalties and Interest Expense </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_IncomeTaxExaminationPenaltiesAndInterestExpense" xml:lang="en-US"> Income Tax Examination, Penalties and Interest Expense, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_IncomeTaxExaminationPenaltiesAndInterestExpense" xml:lang="en-US"> Interest and penalties, net of tax recognised in income tax expense </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_IncomeTaxExaminationPenaltiesAndInterestAccrued" xlink:label="us-gaap_IncomeTaxExaminationPenaltiesAndInterestAccrued"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxExaminationPenaltiesAndInterestAccrued" xlink:to="lab_IncomeTaxExaminationPenaltiesAndInterestAccrued"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_IncomeTaxExaminationPenaltiesAndInterestAccrued" xml:lang="en-US"> Income Tax Examination, Penalties and Interest Accrued </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_IncomeTaxExaminationPenaltiesAndInterestAccrued" xml:lang="en-US"> Income Tax Examination, Penalties and Interest Accrued, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_IncomeTaxExaminationPenaltiesAndInterestAccrued" xml:lang="en-US"> Accrual for interest and penalties that related to income taxes, net of taxes and remittances </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_BusinessAcquisitionPurchasePriceAllocationDeferredIncomeTaxesAssetLiabilityNet" xlink:label="us-gaap_BusinessAcquisitionPurchasePriceAllocationDeferredIncomeTaxesAssetLiabilityNet"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_BusinessAcquisitionPurchasePriceAllocationDeferredIncomeTaxesAssetLiabilityNet" xlink:to="lab_BusinessAcquisitionPurchasePriceAllocationDeferredIncomeTaxesAssetLiabilityNet"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_BusinessAcquisitionPurchasePriceAllocationDeferredIncomeTaxesAssetLiabilityNet" xml:lang="en-US"> Business Acquisition, Purchase Price Allocation, Deferred Income Taxes, Asset (Liability), Net </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_BusinessAcquisitionPurchasePriceAllocationDeferredIncomeTaxesAssetLiabilityNet" xml:lang="en-US"> Net deferred tax assets related to business combinations </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NetOperatingLossesBeforeBenefitOfFederalDeductions" xlink:label="bac_NetOperatingLossesBeforeBenefitOfFederalDeductions"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NetOperatingLossesBeforeBenefitOfFederalDeductions" xlink:to="bac_NetOperatingLossesBeforeBenefitOfFederalDeductions_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NetOperatingLossesBeforeBenefitOfFederalDeductions_lbl" xml:lang="en-US"> Net Operating Losses Before Benefit Of Federal Deductions </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NetOperatingLossesBeforeBenefitOfFederalDeductions_lbl" xml:lang="en-US"> NOL for U.S. states before considering the benefit of federal deductions </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NetOperatingLossesBeforeBenefitOfFederalDeductions_lbl" xml:lang="en-US"> Net operating losses before the benefit of federal deductions. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ValuationAllowanceBeforeConsideringBenefitOfFederalDeductions" xlink:label="bac_ValuationAllowanceBeforeConsideringBenefitOfFederalDeductions"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ValuationAllowanceBeforeConsideringBenefitOfFederalDeductions" xlink:to="bac_ValuationAllowanceBeforeConsideringBenefitOfFederalDeductions_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ValuationAllowanceBeforeConsideringBenefitOfFederalDeductions_lbl" xml:lang="en-US"> Valuation Allowance Before Considering Benefit Of Federal Deductions </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ValuationAllowanceBeforeConsideringBenefitOfFederalDeductions_lbl" xml:lang="en-US"> Related valuation allowance U.S states before considering the benefit of federal deductions </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ValuationAllowanceBeforeConsideringBenefitOfFederalDeductions_lbl" xml:lang="en-US"> Valuation allowance before considering the benefit of federal deductions. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ReleaseOfValuationAllowanceAttributableToAcquireeCompanyCapitalLossCarryforward" xlink:label="bac_ReleaseOfValuationAllowanceAttributableToAcquireeCompanyCapitalLossCarryforward"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ReleaseOfValuationAllowanceAttributableToAcquireeCompanyCapitalLossCarryforward" xlink:to="bac_ReleaseOfValuationAllowanceAttributableToAcquireeCompanyCapitalLossCarryforward_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ReleaseOfValuationAllowanceAttributableToAcquireeCompanyCapitalLossCarryforward_lbl" xml:lang="en-US"> Release Of Valuation Allowance Attributable To Acquiree Company Capital Loss Carryforward </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ReleaseOfValuationAllowanceAttributableToAcquireeCompanyCapitalLossCarryforward_lbl" xml:lang="en-US"> Release of the valuation allowance attributable to Merrill Lynch's capital loss carryforward due to utilization against net capital gain </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ReleaseOfValuationAllowanceAttributableToAcquireeCompanyCapitalLossCarryforward_lbl" xml:lang="en-US"> Release of the valuation allowance attributable to acquiree company capital loss carryforward. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DeferredTaxLiabilitiesUndistributedForeignEarnings" xlink:label="us-gaap_DeferredTaxLiabilitiesUndistributedForeignEarnings"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxLiabilitiesUndistributedForeignEarnings" xlink:to="lab_DeferredTaxLiabilitiesUndistributedForeignEarnings"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DeferredTaxLiabilitiesUndistributedForeignEarnings" xml:lang="en-US"> Deferred Tax Liabilities, Undistributed Foreign Earnings </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DeferredTaxLiabilitiesUndistributedForeignEarnings" xml:lang="en-US"> Undistributed earnings of foreign subsidiaries </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AdditionalTaxExpenseNetOfCreditsForForeignTaxesPaidAndRelatedForeignWithholdingTaxes" xlink:label="bac_AdditionalTaxExpenseNetOfCreditsForForeignTaxesPaidAndRelatedForeignWithholdingTaxes"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AdditionalTaxExpenseNetOfCreditsForForeignTaxesPaidAndRelatedForeignWithholdingTaxes" xlink:to="bac_AdditionalTaxExpenseNetOfCreditsForForeignTaxesPaidAndRelatedForeignWithholdingTaxes_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AdditionalTaxExpenseNetOfCreditsForForeignTaxesPaidAndRelatedForeignWithholdingTaxes_lbl" xml:lang="en-US"> Additional Tax Expense Net Of Credits For Foreign Taxes Paid And Related Foreign Withholding Taxes </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AdditionalTaxExpenseNetOfCreditsForForeignTaxesPaidAndRelatedForeignWithholdingTaxes_lbl" xml:lang="en-US"> Additional tax expense on undistributed earnings of foreign subsidiaries net of credits for foreign taxes paid and related foreign withholding taxes </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AdditionalTaxExpenseNetOfCreditsForForeignTaxesPaidAndRelatedForeignWithholdingTaxes_lbl" xml:lang="en-US"> Additional tax expense net of credits for foreign taxes paid and related foreign withholding taxes. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NumberOfIssuesForIrsProposedAdjustmentsAsResultOfAuditOfAcquiredCompanyForPriorTaxPeriod" xlink:label="bac_NumberOfIssuesForIrsProposedAdjustmentsAsResultOfAuditOfAcquiredCompanyForPriorTaxPeriod"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NumberOfIssuesForIrsProposedAdjustmentsAsResultOfAuditOfAcquiredCompanyForPriorTaxPeriod" xlink:to="bac_NumberOfIssuesForIrsProposedAdjustmentsAsResultOfAuditOfAcquiredCompanyForPriorTaxPeriod_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NumberOfIssuesForIrsProposedAdjustmentsAsResultOfAuditOfAcquiredCompanyForPriorTaxPeriod_lbl" xml:lang="en-US"> Number Of Issues For Irs Proposed Adjustments As Result Of Audit Of Acquired Company For Prior Tax Period </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NumberOfIssuesForIrsProposedAdjustmentsAsResultOfAuditOfAcquiredCompanyForPriorTaxPeriod_lbl" xml:lang="en-US"> Number of issues for IRS proposed adjustments as a result of the audit of Merrill Lynch for the tax year 2004 </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NumberOfIssuesForIrsProposedAdjustmentsAsResultOfAuditOfAcquiredCompanyForPriorTaxPeriod_lbl" xml:lang="en-US"> Number of issues for IRS proposed adjustments as a result of the audit of Acquired Company for a prior tax period. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_OperatingLossCarryforwardsTable" xlink:label="us-gaap_OperatingLossCarryforwardsTable"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLossCarryforwardsTable" xlink:to="lab_OperatingLossCarryforwardsTable"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_OperatingLossCarryforwardsTable" xml:lang="en-US"> Operating Loss Carryforwards [Table] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_OperatingLossCarryforwardsByTaxAuthorityAxis" xlink:label="us-gaap_OperatingLossCarryforwardsByTaxAuthorityAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLossCarryforwardsByTaxAuthorityAxis" xlink:to="lab_OperatingLossCarryforwardsByTaxAuthorityAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_OperatingLossCarryforwardsByTaxAuthorityAxis" xml:lang="en-US"> Operating Loss Carryforwards by Tax Authority [Axis] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_IncomeTaxAuthorityDomain" xlink:label="us-gaap_IncomeTaxAuthorityDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxAuthorityDomain" xlink:to="lab_IncomeTaxAuthorityDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_IncomeTaxAuthorityDomain" xml:lang="en-US"> Income Tax Authority [Domain] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DomesticCountryMember" xlink:label="us-gaap_DomesticCountryMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DomesticCountryMember" xlink:to="lab_DomesticCountryMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DomesticCountryMember" xml:lang="en-US"> Domestic Country [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ForeignCountryMember" xlink:label="us-gaap_ForeignCountryMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ForeignCountryMember" xlink:to="lab_ForeignCountryMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ForeignCountryMember" xml:lang="en-US"> Foreign Country [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_StateAndLocalJurisdictionMember" xlink:label="us-gaap_StateAndLocalJurisdictionMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StateAndLocalJurisdictionMember" xlink:to="lab_StateAndLocalJurisdictionMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_StateAndLocalJurisdictionMember" xml:lang="en-US"> State and Local Jurisdiction [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_GeneralBusinessMember" xlink:label="us-gaap_GeneralBusinessMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GeneralBusinessMember" xlink:to="lab_GeneralBusinessMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_GeneralBusinessMember" xml:lang="en-US"> General Business [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_OperatingLossCarryforwardsLineItems" xlink:label="us-gaap_OperatingLossCarryforwardsLineItems"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLossCarryforwardsLineItems" xlink:to="lab_OperatingLossCarryforwardsLineItems"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_OperatingLossCarryforwardsLineItems" xml:lang="en-US"> Operating Loss Carryforwards [Line Items] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_InterestBearingDepositInUsOffices" xlink:label="bac_InterestBearingDepositInUsOffices"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_InterestBearingDepositInUsOffices" xlink:to="bac_InterestBearingDepositInUsOffices_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_InterestBearingDepositInUsOffices_lbl" xml:lang="en-US"> Interest Bearing Deposit In Us Offices </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_InterestBearingDepositInUsOffices_lbl" xml:lang="en-US"> Interest-bearing deposits in U.S. offices </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_InterestBearingDepositInUsOffices_lbl" xml:lang="en-US"> This represents the aggregate amount of interest-bearing deposits, which may include brokered, retail, demand, checking, notice of withdrawal, money market and other interest-bearing deposits, at fair value measured on a recurring basis categorized as Level 1, 2 and 3 based on observability of inputs. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NumberOfDaysPastDueWhenRealEstateSecuredLoanChargeOffsAreIncludedInGainsLosses" xlink:label="bac_NumberOfDaysPastDueWhenRealEstateSecuredLoanChargeOffsAreIncludedInGainsLosses"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NumberOfDaysPastDueWhenRealEstateSecuredLoanChargeOffsAreIncludedInGainsLosses" xlink:to="bac_NumberOfDaysPastDueWhenRealEstateSecuredLoanChargeOffsAreIncludedInGainsLosses_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NumberOfDaysPastDueWhenRealEstateSecuredLoanChargeOffsAreIncludedInGainsLosses_lbl" xml:lang="en-US"> Number of days past due when real estate-secured loan charge-offs are included in gains (losses) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NumberOfDaysPastDueWhenRealEstateSecuredLoanChargeOffsAreIncludedInGainsLosses_lbl" xml:lang="en-US"> This represents the number of days past due on real estate-secured loans when charge-offs are included in gains and losses on assets and liabilities measured at fair valuse on a nonrecurring basis. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NumberOfDaysPastDueWhenRealEstateSecuredLoanChargeOffsAreIncludedInGainsLosses_lbl" xml:lang="en-US"> Number of days past due when real estate-secured loan charge-offs are included in gains (losses) </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FinancialReformGoodwillImpairmentGlobalCardServices" xlink:label="bac_FinancialReformGoodwillImpairmentGlobalCardServices"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FinancialReformGoodwillImpairmentGlobalCardServices" xlink:to="bac_FinancialReformGoodwillImpairmentGlobalCardServices_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FinancialReformGoodwillImpairmentGlobalCardServices_lbl" xml:lang="en-US"> Financial Reform Goodwill Impairment, Global Card Services </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FinancialReformGoodwillImpairmentGlobalCardServices_lbl" xml:lang="en-US"> Goodwill Impairment, Global Card Services </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FinancialReformGoodwillImpairmentGlobalCardServices_lbl" xml:lang="en-US"> This amount represents a range for the amount of goodwill that will be impaired as a result of the signing of the financial reform bill. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_GlobalCardServicesGoodwillAfterGoodwillImpairment" xlink:label="bac_GlobalCardServicesGoodwillAfterGoodwillImpairment"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_GlobalCardServicesGoodwillAfterGoodwillImpairment" xlink:to="bac_GlobalCardServicesGoodwillAfterGoodwillImpairment_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_GlobalCardServicesGoodwillAfterGoodwillImpairment_lbl" xml:lang="en-US"> Global Card Services Goodwill, after goodwill impairment </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_GlobalCardServicesGoodwillAfterGoodwillImpairment_lbl" xml:lang="en-US"> Impact of Goodwill impairment, Global Card Services Goodwill </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_GlobalCardServicesGoodwillAfterGoodwillImpairment_lbl" xml:lang="en-US"> Global Card Services goodwill balance net of goodwill impairment as a result of the financial reform bill. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_InterestRateOnCertainCreditCardSecuritizationTrusts" xlink:label="bac_InterestRateOnCertainCreditCardSecuritizationTrusts"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_InterestRateOnCertainCreditCardSecuritizationTrusts" xlink:to="bac_InterestRateOnCertainCreditCardSecuritizationTrusts_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_InterestRateOnCertainCreditCardSecuritizationTrusts_lbl" xml:lang="en-US"> Interest rate on certain credit card securitization trusts </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_InterestRateOnCertainCreditCardSecuritizationTrusts_lbl" xml:lang="en-US"> Interest rate on certain credit card securitization trusts </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_InterestRateOnCertainCreditCardSecuritizationTrusts_lbl" xml:lang="en-US"> This represents the interest rate on subordinate securities issued by certain credit card securitization trusts to the Corporation. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NotionalPrincipalAmountOfSubordinateSecuritiesIssuedByCertainCreditCardSecuritizationTrusts" xlink:label="bac_NotionalPrincipalAmountOfSubordinateSecuritiesIssuedByCertainCreditCardSecuritizationTrusts"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NotionalPrincipalAmountOfSubordinateSecuritiesIssuedByCertainCreditCardSecuritizationTrusts" xlink:to="bac_NotionalPrincipalAmountOfSubordinateSecuritiesIssuedByCertainCreditCardSecuritizationTrusts_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NotionalPrincipalAmountOfSubordinateSecuritiesIssuedByCertainCreditCardSecuritizationTrusts_lbl" xml:lang="en-US"> Notional principal amount of subordinate securities issued by certain credit card securitization trusts </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NotionalPrincipalAmountOfSubordinateSecuritiesIssuedByCertainCreditCardSecuritizationTrusts_lbl" xml:lang="en-US"> Notional principal amount of subordinate securities issued by certain credit card securitization trusts </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NotionalPrincipalAmountOfSubordinateSecuritiesIssuedByCertainCreditCardSecuritizationTrusts_lbl" xml:lang="en-US"> Notional principal amount of securities issued by certain credit card securitization trusts that have a claim on the Trust's assets only after the claims of holders of senior debt have been satisfied. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_UnpaidPrincipalBalanceOfAssetBackedSecuritizationTrustsCollateralizedByOtherLoans" xlink:label="bac_UnpaidPrincipalBalanceOfAssetBackedSecuritizationTrustsCollateralizedByOtherLoans"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_UnpaidPrincipalBalanceOfAssetBackedSecuritizationTrustsCollateralizedByOtherLoans" xlink:to="bac_UnpaidPrincipalBalanceOfAssetBackedSecuritizationTrustsCollateralizedByOtherLoans_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_UnpaidPrincipalBalanceOfAssetBackedSecuritizationTrustsCollateralizedByOtherLoans_lbl" xml:lang="en-US"> Unpaid principal balance of asset-backed securitization trusts collateralized by other loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_UnpaidPrincipalBalanceOfAssetBackedSecuritizationTrustsCollateralizedByOtherLoans_lbl" xml:lang="en-US"> Unpaid principal balance of asset-backed securitization trusts collateralized by other loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_UnpaidPrincipalBalanceOfAssetBackedSecuritizationTrustsCollateralizedByOtherLoans_lbl" xml:lang="en-US"> This represents the unpaid principal balance collateralized by other loans of the asset-backed securitization trusts. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_OutstandingClaimsByCounterpartyAndProductAbstract" xlink:label="bac_OutstandingClaimsByCounterpartyAndProductAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_OutstandingClaimsByCounterpartyAndProductAbstract" xlink:to="bac_OutstandingClaimsByCounterpartyAndProductAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_OutstandingClaimsByCounterpartyAndProductAbstract_lbl" xml:lang="en-US"> Outstanding Claims by Counterparty and Product Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_OutstandingClaimsByCounterpartyAndProductAbstract_lbl" xml:lang="en-US"> Outstanding Claims by Counterparty and Product. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_OutstandingClaimsByCounterpartyAndProductAbstract_lbl" xml:lang="en-US"> Outstanding Claims by Counterparty and Product </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TotalOutstandingClaimsByCounterparty" xlink:label="bac_TotalOutstandingClaimsByCounterparty"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TotalOutstandingClaimsByCounterparty" xlink:to="bac_TotalOutstandingClaimsByCounterparty_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TotalOutstandingClaimsByCounterparty_lbl" xml:lang="en-US"> Total outstanding claims by counterparty </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TotalOutstandingClaimsByCounterparty_lbl" xml:lang="en-US"> The total unpaid principal balance of loan repurchase requests from investors and insurers previously received and unresolved by counterparty. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_TotalOutstandingClaimsByCounterparty_lbl" xml:lang="en-US"> Total outstanding claims by counterparty </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TotalOutstandingClaimsByProductType" xlink:label="bac_TotalOutstandingClaimsByProductType"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TotalOutstandingClaimsByProductType" xlink:to="bac_TotalOutstandingClaimsByProductType_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TotalOutstandingClaimsByProductType_lbl" xml:lang="en-US"> Total outstanding claims by product type </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TotalOutstandingClaimsByProductType_lbl" xml:lang="en-US"> The total unpaid principal balance of loan repurchase requests from investors and insurers previously received and unresolved by product type. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_TotalOutstandingClaimsByProductType_lbl" xml:lang="en-US"> Total outstanding claims by product type </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CarryingAmountOfRetainedSubordinateSecuritiesIssuedByCertainCreditCardSecuritizationsTrust" xlink:label="bac_CarryingAmountOfRetainedSubordinateSecuritiesIssuedByCertainCreditCardSecuritizationsTrust"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CarryingAmountOfRetainedSubordinateSecuritiesIssuedByCertainCreditCardSecuritizationsTrust" xlink:to="bac_CarryingAmountOfRetainedSubordinateSecuritiesIssuedByCertainCreditCardSecuritizationsTrust_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CarryingAmountOfRetainedSubordinateSecuritiesIssuedByCertainCreditCardSecuritizationsTrust_lbl" xml:lang="en-US"> Carrying amount of retained subordinate securities issued by certain credit card securitizations trust </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CarryingAmountOfRetainedSubordinateSecuritiesIssuedByCertainCreditCardSecuritizationsTrust_lbl" xml:lang="en-US"> Carrying amount of retained subordinate securities issued by certain credit card securitizations trust </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CarryingAmountOfRetainedSubordinateSecuritiesIssuedByCertainCreditCardSecuritizationsTrust_lbl" xml:lang="en-US"> This represents the carrying amount of subordinated securities held by the Corporation issued by certain credit card securitization trusts for which the Corporation is the servicer for the trust loans. Subordinated securities have a claim on the Trust's assets only after the claims of the holders of senior debt have been satisfied. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueOfRetainedSubordinateSecuritiesIssuedByCertainCreditCardSecuritizationsTrust" xlink:label="bac_FairValueOfRetainedSubordinateSecuritiesIssuedByCertainCreditCardSecuritizationsTrust"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueOfRetainedSubordinateSecuritiesIssuedByCertainCreditCardSecuritizationsTrust" xlink:to="bac_FairValueOfRetainedSubordinateSecuritiesIssuedByCertainCreditCardSecuritizationsTrust_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueOfRetainedSubordinateSecuritiesIssuedByCertainCreditCardSecuritizationsTrust_lbl" xml:lang="en-US"> Fair Value Of Retained Subordinate Securities Issued By Certain Credit Card Securitizations Trust </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FairValueOfRetainedSubordinateSecuritiesIssuedByCertainCreditCardSecuritizationsTrust_lbl" xml:lang="en-US"> Fair value of retained subordinate securities issued by certain credit card securitizations trust </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueOfRetainedSubordinateSecuritiesIssuedByCertainCreditCardSecuritizationsTrust_lbl" xml:lang="en-US"> Fair value of retained subordinate securities issued by certain credit card securitizations trust. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CarryingAmountAndFairValueOfNewReceivablesTransferrredToTrustsAsDiscountReceivables" xlink:label="bac_CarryingAmountAndFairValueOfNewReceivablesTransferrredToTrustsAsDiscountReceivables"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CarryingAmountAndFairValueOfNewReceivablesTransferrredToTrustsAsDiscountReceivables" xlink:to="bac_CarryingAmountAndFairValueOfNewReceivablesTransferrredToTrustsAsDiscountReceivables_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CarryingAmountAndFairValueOfNewReceivablesTransferrredToTrustsAsDiscountReceivables_lbl" xml:lang="en-US"> Carrying Amount And Fair Value Of New Receivables Transferrred To Trusts As Discount Receivables </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CarryingAmountAndFairValueOfNewReceivablesTransferrredToTrustsAsDiscountReceivables_lbl" xml:lang="en-US"> Carrying amount and fair value of new receivables transferred to the trusts as "discount receivables" </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CarryingAmountAndFairValueOfNewReceivablesTransferrredToTrustsAsDiscountReceivables_lbl" xml:lang="en-US"> This represents the carrying amount and fair value of new receivables transferred to the trusts as "discount receivables' such that the principal collections thereon are added to finance charges and increase the yield in the trust. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CollectiveInvestmentFundMember" xlink:label="bac_CollectiveInvestmentFundMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CollectiveInvestmentFundMember" xlink:to="bac_CollectiveInvestmentFundMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CollectiveInvestmentFundMember_lbl" xml:lang="en-US"> Collective Investment Fund [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CollectiveInvestmentFundMember_lbl" xml:lang="en-US"> Collective Investment Fund. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AmountPaidToResolveRepurchaseClaimsForFirstLienMortgagesAndHomeEquityLoans" xlink:label="bac_AmountPaidToResolveRepurchaseClaimsForFirstLienMortgagesAndHomeEquityLoans"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AmountPaidToResolveRepurchaseClaimsForFirstLienMortgagesAndHomeEquityLoans" xlink:to="bac_AmountPaidToResolveRepurchaseClaimsForFirstLienMortgagesAndHomeEquityLoans_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AmountPaidToResolveRepurchaseClaimsForFirstLienMortgagesAndHomeEquityLoans_lbl" xml:lang="en-US"> Amount paid to resolve repurchase claims for first-lien mortgages and home equity loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AmountPaidToResolveRepurchaseClaimsForFirstLienMortgagesAndHomeEquityLoans_lbl" xml:lang="en-US"> This represents the total amount paid for repurchase claims from the investor or securitization trust for losses they incurred. The repurchase and indemnification payments of first-lien mortgages were primarily with GSEs and home equity loans with the monolines. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AmountPaidToResolveRepurchaseClaimsForFirstLienMortgagesAndHomeEquityLoans_lbl" xml:lang="en-US"> Amount paid to resolve repurchase claims for first-lien mortgages and home equity loans </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_UnpaidPrincipleBalanceOfRepurchaseClaimsForFirstLienMortgageAndHomeEquityLoansFromInvestorOrSecurtizationTrust" xlink:label="bac_UnpaidPrincipleBalanceOfRepurchaseClaimsForFirstLienMortgageAndHomeEquityLoansFromInvestorOrSecurtizationTrust"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_UnpaidPrincipleBalanceOfRepurchaseClaimsForFirstLienMortgageAndHomeEquityLoansFromInvestorOrSecurtizationTrust" xlink:to="bac_UnpaidPrincipleBalanceOfRepurchaseClaimsForFirstLienMortgageAndHomeEquityLoansFromInvestorOrSecurtizationTrust_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_UnpaidPrincipleBalanceOfRepurchaseClaimsForFirstLienMortgageAndHomeEquityLoansFromInvestorOrSecurtizationTrust_lbl" xml:lang="en-US"> Unpaid Principle Balance Of Repurchase Claims For First Lien Mortgage And Home Equity Loans From The Investor Or Securtization Trust </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_UnpaidPrincipleBalanceOfRepurchaseClaimsForFirstLienMortgageAndHomeEquityLoansFromInvestorOrSecurtizationTrust_lbl" xml:lang="en-US"> Unpaid principle balance of repurchase claims for first-lien mortgages and home equity loans from the investor or securitization trust </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_UnpaidPrincipleBalanceOfRepurchaseClaimsForFirstLienMortgageAndHomeEquityLoansFromInvestorOrSecurtizationTrust_lbl" xml:lang="en-US"> This represents the total unpaid principle balance of loans included in repurchase and indemnification claims from the investor or securitization trust for losses they incurred. The repurchase and indemnification payments of first-lien mortgages were primarily with GSEs and home equity loans with the monolines. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LossOnRepurchaseOrReimbursementOfRepurchaseClaimsForFirstLienMortgagesAndHomeEquityLoansFromInvestorOrSecuritizationTrust" xlink:label="bac_LossOnRepurchaseOrReimbursementOfRepurchaseClaimsForFirstLienMortgagesAndHomeEquityLoansFromInvestorOrSecuritizationTrust"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LossOnRepurchaseOrReimbursementOfRepurchaseClaimsForFirstLienMortgagesAndHomeEquityLoansFromInvestorOrSecuritizationTrust" xlink:to="bac_LossOnRepurchaseOrReimbursementOfRepurchaseClaimsForFirstLienMortgagesAndHomeEquityLoansFromInvestorOrSecuritizationTrust_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LossOnRepurchaseOrReimbursementOfRepurchaseClaimsForFirstLienMortgagesAndHomeEquityLoansFromInvestorOrSecuritizationTrust_lbl" 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 </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_LossOnRepurchaseOrReimbursementOfRepurchaseClaimsForFirstLienMortgagesAndHomeEquityLoansFromInvestorOrSecuritizationTrust_lbl" 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 </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LossOnRepurchaseOrReimbursementOfRepurchaseClaimsForFirstLienMortgagesAndHomeEquityLoansFromInvestorOrSecuritizationTrust_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AgreementReachedToResolveRepurchaseClaimsForResidentialMortgageLoansSoldToGsesRelatedToLegacySubsidiaryEntities" xlink:label="bac_AgreementReachedToResolveRepurchaseClaimsForResidentialMortgageLoansSoldToGsesRelatedToLegacySubsidiaryEntities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AgreementReachedToResolveRepurchaseClaimsForResidentialMortgageLoansSoldToGsesRelatedToLegacySubsidiaryEntities" xlink:to="bac_AgreementReachedToResolveRepurchaseClaimsForResidentialMortgageLoansSoldToGsesRelatedToLegacySubsidiaryEntities_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AgreementReachedToResolveRepurchaseClaimsForResidentialMortgageLoansSoldToGsesRelatedToLegacySubsidiaryEntities_lbl" xml:lang="en-US"> Agreement Reached To Resolve Repurchase Claims For Residential Mortgage Loans Sold To GSEs Related To Legacy Subsidiary Entities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AgreementReachedToResolveRepurchaseClaimsForResidentialMortgageLoansSoldToGsesRelatedToLegacySubsidiaryEntities_lbl" xml:lang="en-US"> Agreement reached to resolve repurchase claims for residential mortgage loans sold to GSEs related to legacy Countrywide entities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AgreementReachedToResolveRepurchaseClaimsForResidentialMortgageLoansSoldToGsesRelatedToLegacySubsidiaryEntities_lbl" xml:lang="en-US"> The Corporation reached an agreement to pay to resolve repurchase claims involving certain residential mortgage loans sold to GSEs by entities related to legacy Countrywide. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PercentageOfClaimsThatCorporationInitiallyDeniedThatHaveBeenSubsequentlyResolvedWithMonolines" xlink:label="bac_PercentageOfClaimsThatCorporationInitiallyDeniedThatHaveBeenSubsequentlyResolvedWithMonolines"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PercentageOfClaimsThatCorporationInitiallyDeniedThatHaveBeenSubsequentlyResolvedWithMonolines" xlink:to="bac_PercentageOfClaimsThatCorporationInitiallyDeniedThatHaveBeenSubsequentlyResolvedWithMonolines_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PercentageOfClaimsThatCorporationInitiallyDeniedThatHaveBeenSubsequentlyResolvedWithMonolines_lbl" xml:lang="en-US"> The percentage of claims that the Corporation initially denied that have been subsequently resolved with monolines </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PercentageOfClaimsThatCorporationInitiallyDeniedThatHaveBeenSubsequentlyResolvedWithMonolines_lbl" 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 with monolines. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PercentageOfClaimsThatCorporationInitiallyDeniedThatHaveBeenSubsequentlyResolvedWithMonolines_lbl" xml:lang="en-US"> The percentage of claims that the Corporation initially denied that have been subsequently resolved with monolines </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TimeThatMustPassBeforeDeniedCaimIsConsideredInactiveByCorporationAfterNoCommunicationWithCounterpartyInMonths" xlink:label="bac_TimeThatMustPassBeforeDeniedCaimIsConsideredInactiveByCorporationAfterNoCommunicationWithCounterpartyInMonths"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TimeThatMustPassBeforeDeniedCaimIsConsideredInactiveByCorporationAfterNoCommunicationWithCounterpartyInMonths" xlink:to="bac_TimeThatMustPassBeforeDeniedCaimIsConsideredInactiveByCorporationAfterNoCommunicationWithCounterpartyInMonths_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TimeThatMustPassBeforeDeniedCaimIsConsideredInactiveByCorporationAfterNoCommunicationWithCounterpartyInMonths_lbl" xml:lang="en-US"> Time That Must Pass Before Denied CaimIs ConsideredInactive By Corporation After No Communication With Counterparty In Months </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_TimeThatMustPassBeforeDeniedCaimIsConsideredInactiveByCorporationAfterNoCommunicationWithCounterpartyInMonths_lbl" xml:lang="en-US"> The time that must pass before a denied claim is considered inactive by the Corporation after no communication with the counterparty, in months </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TimeThatMustPassBeforeDeniedCaimIsConsideredInactiveByCorporationAfterNoCommunicationWithCounterpartyInMonths_lbl" xml:lang="en-US"> The time that must pass before a denied claim is considered inactive by the Corporation after no communication with the counterparty, in months. Denied claims are considered inactive by the Corporation after no further communication with the counterparty has been received; however, they remain in outstanding claims balance. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NewClaimDemandsReceivedFromPrivateLabelSecuritizationInvestors" xlink:label="bac_NewClaimDemandsReceivedFromPrivateLabelSecuritizationInvestors"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NewClaimDemandsReceivedFromPrivateLabelSecuritizationInvestors" xlink:to="bac_NewClaimDemandsReceivedFromPrivateLabelSecuritizationInvestors_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NewClaimDemandsReceivedFromPrivateLabelSecuritizationInvestors_lbl" xml:lang="en-US"> New Claim Demands Received From Private Label Securitization Investors </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NewClaimDemandsReceivedFromPrivateLabelSecuritizationInvestors_lbl" xml:lang="en-US"> New claim demands received from private-label securitization investors </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NewClaimDemandsReceivedFromPrivateLabelSecuritizationInvestors_lbl" xml:lang="en-US"> This represents the amount of new claim demands received from private-label securitization investor . The Corporation includes these in outstanding claims; however, the investors do not have a contractual right to demand repurchase directly. The inclusion of these demands does not mean that the Corporation believes these claims are substantively valid. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_RangeOnWhichPossibleFutureLossEstimateMayBeSubjectToChangeOverExistingAccruals" xlink:label="bac_RangeOnWhichPossibleFutureLossEstimateMayBeSubjectToChangeOverExistingAccruals"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_RangeOnWhichPossibleFutureLossEstimateMayBeSubjectToChangeOverExistingAccruals" xlink:to="bac_RangeOnWhichPossibleFutureLossEstimateMayBeSubjectToChangeOverExistingAccruals_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_RangeOnWhichPossibleFutureLossEstimateMayBeSubjectToChangeOverExistingAccruals_lbl" xml:lang="en-US"> The Range On Which The Possible Future Loss Estimate May Be Subject To Change Over Existing Accruals </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_RangeOnWhichPossibleFutureLossEstimateMayBeSubjectToChangeOverExistingAccruals_lbl" xml:lang="en-US"> The range on which the possible future loss estimate may be subject to change over existing accruals </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_RangeOnWhichPossibleFutureLossEstimateMayBeSubjectToChangeOverExistingAccruals_lbl" xml:lang="en-US"> Based on current assumptions, it is reasonably possible that a loss may have occurred and that the volume of repurchase requests from non-GSE loan sales could increase in the future. This represents the range on which the possible future loss estimate may be subject to change over existing accruals. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AmountOfLoanRepurchasesIncludedInFirstLienMortgagesLoanRepurchasesAndIndemnificationPaymentsAtYearEndAsPartOfAgreement" xlink:label="bac_AmountOfLoanRepurchasesIncludedInFirstLienMortgagesLoanRepurchasesAndIndemnificationPaymentsAtYearEndAsPartOfAgreement"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AmountOfLoanRepurchasesIncludedInFirstLienMortgagesLoanRepurchasesAndIndemnificationPaymentsAtYearEndAsPartOfAgreement" xlink:to="bac_AmountOfLoanRepurchasesIncludedInFirstLienMortgagesLoanRepurchasesAndIndemnificationPaymentsAtYearEndAsPartOfAgreement_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AmountOfLoanRepurchasesIncludedInFirstLienMortgagesLoanRepurchasesAndIndemnificationPaymentsAtYearEndAsPartOfAgreement_lbl" xml:lang="en-US"> Amount Of Loan Repurchases Included In First Lien Mortgages Loan Repurchases And Indemnification Payments At Year End As Part Of The December 30 2010 Agreement With FNMA </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AmountOfLoanRepurchasesIncludedInFirstLienMortgagesLoanRepurchasesAndIndemnificationPaymentsAtYearEndAsPartOfAgreement_lbl" xml:lang="en-US"> Amount of loan repurchases included in first-lien mortgages' loan repurchases and indemnification payments at year-end as part of the December 30, 2010 agreement with FNMA </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AmountOfLoanRepurchasesIncludedInFirstLienMortgagesLoanRepurchasesAndIndemnificationPaymentsAtYearEndAsPartOfAgreement_lbl" xml:lang="en-US"> This represents the amount of loan repurchases included in first-lien mortgages' loan repurchases and indemnification payments at year-end as part of the December 30, 2010 agreement with FNMA. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_UnpaidPrincipleBalanceOfFirstLienMortgagesAssociatedWithAgreementExlcudedFromLoanRepurchasesAndIndemnificationPaymentsAtYearEnd" xlink:label="bac_UnpaidPrincipleBalanceOfFirstLienMortgagesAssociatedWithAgreementExlcudedFromLoanRepurchasesAndIndemnificationPaymentsAtYearEnd"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_UnpaidPrincipleBalanceOfFirstLienMortgagesAssociatedWithAgreementExlcudedFromLoanRepurchasesAndIndemnificationPaymentsAtYearEnd" xlink:to="bac_UnpaidPrincipleBalanceOfFirstLienMortgagesAssociatedWithAgreementExlcudedFromLoanRepurchasesAndIndemnificationPaymentsAtYearEnd_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_UnpaidPrincipleBalanceOfFirstLienMortgagesAssociatedWithAgreementExlcudedFromLoanRepurchasesAndIndemnificationPaymentsAtYearEnd_lbl" xml:lang="en-US"> Unpaid Principle Balance Of First Lien Mortgages Associated With Agreement Excluded From Loan Repurchases And Indemnification Payments At Year End </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_UnpaidPrincipleBalanceOfFirstLienMortgagesAssociatedWithAgreementExlcudedFromLoanRepurchasesAndIndemnificationPaymentsAtYearEnd_lbl" xml:lang="en-US"> Unpaid principle balance of first-lien mortgages associated with the December 31, 2010 agreement with FHLMC excluded from loan repurchases and indemnification payments at year-end </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_UnpaidPrincipleBalanceOfFirstLienMortgagesAssociatedWithAgreementExlcudedFromLoanRepurchasesAndIndemnificationPaymentsAtYearEnd_lbl" xml:lang="en-US"> This represents the unpaid principle balance of first-lien mortgages associated with the December 31, 2010 agreement with FHLMC that have been excluded from loan repurchases and indemnification payments at year-end. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AmountOfRepresentationsAndWarrantiesMakeWholeLossesAssociatedWithAgreementExcludedFromLoanRepurchasesAndIndemnificationPaymentsAtYearEnd" xlink:label="bac_AmountOfRepresentationsAndWarrantiesMakeWholeLossesAssociatedWithAgreementExcludedFromLoanRepurchasesAndIndemnificationPaymentsAtYearEnd"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AmountOfRepresentationsAndWarrantiesMakeWholeLossesAssociatedWithAgreementExcludedFromLoanRepurchasesAndIndemnificationPaymentsAtYearEnd" xlink:to="bac_AmountOfRepresentationsAndWarrantiesMakeWholeLossesAssociatedWithAgreementExcludedFromLoanRepurchasesAndIndemnificationPaymentsAtYearEnd_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AmountOfRepresentationsAndWarrantiesMakeWholeLossesAssociatedWithAgreementExcludedFromLoanRepurchasesAndIndemnificationPaymentsAtYearEnd_lbl" xml:lang="en-US"> Amount Of Representations And Warranties Make Whole Losses Associated With Agreement Excluded From Loan Repurchases And Indemnification Payments At Year End </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AmountOfRepresentationsAndWarrantiesMakeWholeLossesAssociatedWithAgreementExcludedFromLoanRepurchasesAndIndemnificationPaymentsAtYearEnd_lbl" xml:lang="en-US"> The amount of representations and warranties make-whole losses of first-lien mortgages associated with the December 31, 2010 agreement with FHLMC excluded from loan repurchases and indemnification payments at year-end </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AmountOfRepresentationsAndWarrantiesMakeWholeLossesAssociatedWithAgreementExcludedFromLoanRepurchasesAndIndemnificationPaymentsAtYearEnd_lbl" xml:lang="en-US"> This represents the amount of representations and warranties make-whole losses of first-lien mortgages associated with the December 31, 2010 agreement with FHLMC that have been excluded from loan repurchases and indemnification payments at year-end. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_UnpaidPrincipleBalanceMember" xlink:label="bac_UnpaidPrincipleBalanceMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_UnpaidPrincipleBalanceMember" xlink:to="bac_UnpaidPrincipleBalanceMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_UnpaidPrincipleBalanceMember_lbl" xml:lang="en-US"> Unpaid Principle Balance [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_UnpaidPrincipleBalanceMember_lbl" xml:lang="en-US"> Unpaid Principle Balance. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FirstLienMember" xlink:label="bac_FirstLienMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FirstLienMember" xlink:to="bac_FirstLienMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FirstLienMember_lbl" xml:lang="en-US"> First Lien [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FirstLienMember_lbl" xml:lang="en-US"> First Lien. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LossMember" xlink:label="bac_LossMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LossMember" xlink:to="bac_LossMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LossMember_lbl" xml:lang="en-US"> Loss [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LossMember_lbl" xml:lang="en-US"> Loss. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_GuaranteeObligationsByNatureAxis" xlink:label="us-gaap_GuaranteeObligationsByNatureAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GuaranteeObligationsByNatureAxis" xlink:to="lab_GuaranteeObligationsByNatureAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_GuaranteeObligationsByNatureAxis" xml:lang="en-US"> Guarantor Obligations by Nature [Axis] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_GuaranteeObligationsNatureDomain" xlink:label="us-gaap_GuaranteeObligationsNatureDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GuaranteeObligationsNatureDomain" xlink:to="lab_GuaranteeObligationsNatureDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_GuaranteeObligationsNatureDomain" xml:lang="en-US"> Guarantor Obligations, Nature [Domain] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CashMember" xlink:label="us-gaap_CashMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashMember" xlink:to="lab_CashMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CashMember" xml:lang="en-US"> Cash [Member] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_Repurchases" xlink:label="bac_Repurchases"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_Repurchases" xlink:to="bac_Repurchases_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_Repurchases_lbl" xml:lang="en-US"> Repurchases </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_Repurchases_lbl" xml:lang="en-US"> This represents the unpaid principle balance of loans repurchased from the investor or securitization trust for losses they incurred. The repurchase payments of first-lien mortgages were primarily with GSEs. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_Repurchases_lbl" xml:lang="en-US"> Repurchases </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_IndemnificationPayments" xlink:label="bac_IndemnificationPayments"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_IndemnificationPayments" xlink:to="bac_IndemnificationPayments_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_IndemnificationPayments_lbl" xml:lang="en-US"> Indemnification Payments </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_IndemnificationPayments_lbl" xml:lang="en-US"> This represents the unpaid principle balance of loans for which the Corporation paid indemnification claims from the investor or securitization trust for losses they incurred. The indemnification payments of first-lien mortgages were primarily with GSEs. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_IndemnificationPayments_lbl" xml:lang="en-US"> Indemnification Payments </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TotalFirstLien" xlink:label="bac_TotalFirstLien"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TotalFirstLien" xlink:to="bac_TotalFirstLien_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TotalFirstLien_lbl" xml:lang="en-US"> Total First Lien </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TotalFirstLien_lbl" xml:lang="en-US"> This represents the total unpaid principle balance of loans included in repurchase and indemnification claims from the investor or securitization trust for losses they incurred. The repurchase and indemnification payments of first-lien mortgages were primarily with GSEs. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_TotalFirstLien_lbl" xml:lang="en-US"> Total First Lien </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TotalHomeEquity" xlink:label="bac_TotalHomeEquity"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TotalHomeEquity" xlink:to="bac_TotalHomeEquity_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TotalHomeEquity_lbl" xml:lang="en-US"> Total Home Equity </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TotalHomeEquity_lbl" xml:lang="en-US"> This represents the total amount paid to resolve repurchase and indemnification claims through repurchase or reimbursement to the investor or securitization trust for losses they incurred. The repurchase and indemnification payments of home equity loans were primarily with monolines. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_TotalHomeEquity_lbl" xml:lang="en-US"> Total Home Equity </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TotalFirstLienAndHomeEquity" xlink:label="bac_TotalFirstLienAndHomeEquity"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TotalFirstLienAndHomeEquity" xlink:to="bac_TotalFirstLienAndHomeEquity_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TotalFirstLienAndHomeEquity_lbl" xml:lang="en-US"> Total First Lien and Home Equity </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TotalFirstLienAndHomeEquity_lbl" 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. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_TotalFirstLienAndHomeEquity_lbl" xml:lang="en-US"> Total First Lien and Home Equity </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LossOnFirstLienRepurchases" xlink:label="bac_LossOnFirstLienRepurchases"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LossOnFirstLienRepurchases" xlink:to="bac_LossOnFirstLienRepurchases_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LossOnFirstLienRepurchases_lbl" xml:lang="en-US"> Loss on First Lien Repurchases </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LossOnFirstLienRepurchases_lbl" xml:lang="en-US"> This represents the total loss on loan repurchases to resolve repurchase claims for first-lien mortgages which primarily related with GSEs. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_LossOnFirstLienRepurchases_lbl" xml:lang="en-US"> Loss on First Lien Repurchases </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LossOnFirstLienIndemnificationPayments" xlink:label="bac_LossOnFirstLienIndemnificationPayments"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LossOnFirstLienIndemnificationPayments" xlink:to="bac_LossOnFirstLienIndemnificationPayments_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LossOnFirstLienIndemnificationPayments_lbl" xml:lang="en-US"> Loss on First Lien Indemnification Payments </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LossOnFirstLienIndemnificationPayments_lbl" xml:lang="en-US"> This represents the total loss on indemnification payments to resolve repurchase claims for first-lien mortgages which primarily related with GSEs. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_LossOnFirstLienIndemnificationPayments_lbl" xml:lang="en-US"> Loss on First Lien Indemnification Payments </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LossOnHomeEquityRepurchases" xlink:label="bac_LossOnHomeEquityRepurchases"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LossOnHomeEquityRepurchases" xlink:to="bac_LossOnHomeEquityRepurchases_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LossOnHomeEquityRepurchases_lbl" xml:lang="en-US"> Loss on Home Equity Repurchases </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LossOnHomeEquityRepurchases_lbl" xml:lang="en-US"> This represents the total loss on loan repurchases to resolve repurchase claims for home equity mortgages which primarily related with the monolines. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_LossOnHomeEquityRepurchases_lbl" xml:lang="en-US"> Loss on Home Equity Repurchases </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LossOnHomeEquityIndemnificationPayments" xlink:label="bac_LossOnHomeEquityIndemnificationPayments"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LossOnHomeEquityIndemnificationPayments" xlink:to="bac_LossOnHomeEquityIndemnificationPayments_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LossOnHomeEquityIndemnificationPayments_lbl" xml:lang="en-US"> Loss on Home Equity Indemnification Payments </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LossOnHomeEquityIndemnificationPayments_lbl" xml:lang="en-US"> This represents the total loss on indemnification payments to resolve repurchase claims for home equity mortgages which primarily related with the monolines. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_LossOnHomeEquityIndemnificationPayments_lbl" xml:lang="en-US"> Loss on Home Equity Indemnification Payments </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ProvisionRelatedToAcquisition" xlink:label="bac_ProvisionRelatedToAcquisition"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ProvisionRelatedToAcquisition" xlink:to="bac_ProvisionRelatedToAcquisition_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ProvisionRelatedToAcquisition_lbl" xml:lang="en-US"> Provision Related To Acquisition </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ProvisionRelatedToAcquisition_lbl" xml:lang="en-US"> Merrill Lynch Acquisition </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ProvisionRelatedToAcquisition_lbl" xml:lang="en-US"> The amount represents the provision for representations and warranties related to loans acquired through the Merrill Lynch acquisition. The amount is based on an assessment of the likelihood of a request being received and approved for repurchase/indemnification. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AmountPaidToExtinguishAllOutstandingAndPotentialMortgageRepurchaseAndMakewholeClaimsArisingOutOfAnyAllegedBreachesOfSellingRepresentationsAndWarrantiesRelatedToLoansSoldDirectlyByLegacySubsidiary" xlink:label="bac_AmountPaidToExtinguishAllOutstandingAndPotentialMortgageRepurchaseAndMakewholeClaimsArisingOutOfAnyAllegedBreachesOfSellingRepresentationsAndWarrantiesRelatedToLoansSoldDirectlyByLegacySubsidiary"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AmountPaidToExtinguishAllOutstandingAndPotentialMortgageRepurchaseAndMakewholeClaimsArisingOutOfAnyAllegedBreachesOfSellingRepresentationsAndWarrantiesRelatedToLoansSoldDirectlyByLegacySubsidiary" xlink:to="bac_AmountPaidToExtinguishAllOutstandingAndPotentialMortgageRepurchaseAndMakewholeClaimsArisingOutOfAnyAllegedBreachesOfSellingRepresentationsAndWarrantiesRelatedToLoansSoldDirectlyByLegacySubsidiary_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AmountPaidToExtinguishAllOutstandingAndPotentialMortgageRepurchaseAndMakewholeClaimsArisingOutOfAnyAllegedBreachesOfSellingRepresentationsAndWarrantiesRelatedToLoansSoldDirectlyByLegacySubsidiary_lbl" xml:lang="en-US"> Amount paid to extinguish all outstanding and potential mortgage repurchase and make-whole claims arising out of any alleged breaches of selling representations and warranties related to loans sold directly by legacy subsidiary. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AmountPaidToExtinguishAllOutstandingAndPotentialMortgageRepurchaseAndMakewholeClaimsArisingOutOfAnyAllegedBreachesOfSellingRepresentationsAndWarrantiesRelatedToLoansSoldDirectlyByLegacySubsidiary_lbl" xml:lang="en-US"> This represents the amount paid to FMLMC to extinguish all outstanding and potential mortgage repurchase and make-whole claims arising out of any alleged breaches of selling representations and warranties related to loans sold directly by legacy Countrywide to FHLMC through 2008. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TotalAssetsForCertainCommonAndCollectiveInvestmentFundsForWhichCorporationIsTrusteeButDoesNotHaveVariableInterestExcludingStableValueCollectiveInvestmentFund" xlink:label="bac_TotalAssetsForCertainCommonAndCollectiveInvestmentFundsForWhichCorporationIsTrusteeButDoesNotHaveVariableInterestExcludingStableValueCollectiveInvestmentFund"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TotalAssetsForCertainCommonAndCollectiveInvestmentFundsForWhichCorporationIsTrusteeButDoesNotHaveVariableInterestExcludingStableValueCollectiveInvestmentFund" xlink:to="bac_TotalAssetsForCertainCommonAndCollectiveInvestmentFundsForWhichCorporationIsTrusteeButDoesNotHaveVariableInterestExcludingStableValueCollectiveInvestmentFund_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TotalAssetsForCertainCommonAndCollectiveInvestmentFundsForWhichCorporationIsTrusteeButDoesNotHaveVariableInterestExcludingStableValueCollectiveInvestmentFund_lbl" xml:lang="en-US"> Total assets for certain common and collective investment funds for which the Corporation is trustee, but does not have a variable interest excluding the stable value collective investment fund </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_TotalAssetsForCertainCommonAndCollectiveInvestmentFundsForWhichCorporationIsTrusteeButDoesNotHaveVariableInterestExcludingStableValueCollectiveInvestmentFund_lbl" xml:lang="en-US"> Total assets for certain common and collective investment funds for which the Corporation is trustee, but does not have a variable interest excluding the stable value collective investment fund </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TotalAssetsForCertainCommonAndCollectiveInvestmentFundsForWhichCorporationIsTrusteeButDoesNotHaveVariableInterestExcludingStableValueCollectiveInvestmentFund_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TotalAssetsForCertainCommonAndCollectiveInvestmentFundStableValueCollectiveInvestmentFundForWhichCorporationHoldsVariableInterest" xlink:label="bac_TotalAssetsForCertainCommonAndCollectiveInvestmentFundStableValueCollectiveInvestmentFundForWhichCorporationHoldsVariableInterest"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TotalAssetsForCertainCommonAndCollectiveInvestmentFundStableValueCollectiveInvestmentFundForWhichCorporationHoldsVariableInterest" xlink:to="bac_TotalAssetsForCertainCommonAndCollectiveInvestmentFundStableValueCollectiveInvestmentFundForWhichCorporationHoldsVariableInterest_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TotalAssetsForCertainCommonAndCollectiveInvestmentFundStableValueCollectiveInvestmentFundForWhichCorporationHoldsVariableInterest_lbl" xml:lang="en-US"> Total assets for a certain common and collective investment fund (stable value collective investment fund) for which Corporation holds a variable interest </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_TotalAssetsForCertainCommonAndCollectiveInvestmentFundStableValueCollectiveInvestmentFundForWhichCorporationHoldsVariableInterest_lbl" xml:lang="en-US"> Total assets for a certain common and collective investment fund (stable value collective investment fund) for which the Corporation holds a variable interest </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TotalAssetsForCertainCommonAndCollectiveInvestmentFundStableValueCollectiveInvestmentFundForWhichCorporationHoldsVariableInterest_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_EntityWideDisclosureOnGeographicAreasIncomeLossBeforeIncomeTaxesFromExternalCustomersAttributedToEntitysCountryOfDomicile" xlink:label="bac_EntityWideDisclosureOnGeographicAreasIncomeLossBeforeIncomeTaxesFromExternalCustomersAttributedToEntitysCountryOfDomicile"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_EntityWideDisclosureOnGeographicAreasIncomeLossBeforeIncomeTaxesFromExternalCustomersAttributedToEntitysCountryOfDomicile" xlink:to="bac_EntityWideDisclosureOnGeographicAreasIncomeLossBeforeIncomeTaxesFromExternalCustomersAttributedToEntitysCountryOfDomicile_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_EntityWideDisclosureOnGeographicAreasIncomeLossBeforeIncomeTaxesFromExternalCustomersAttributedToEntitysCountryOfDomicile_lbl" xml:lang="en-US"> Entity Wide Disclosure On Geographic Areas Income Loss Before Income Taxes From External Customers Attributed To Entitys Country Of Domicile </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_EntityWideDisclosureOnGeographicAreasIncomeLossBeforeIncomeTaxesFromExternalCustomersAttributedToEntitysCountryOfDomicile_lbl" xml:lang="en-US"> Income (loss) before income taxes, Domestic </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_EntityWideDisclosureOnGeographicAreasIncomeLossBeforeIncomeTaxesFromExternalCustomersAttributedToEntitysCountryOfDomicile_lbl" xml:lang="en-US"> EntityWideDisclosureOnGeographicAreasIncomeLossBeforeIncomeTaxesFromExternalCustomersAttributedToEntitysCountryOfDomicile </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AllowanceForLoanLossesAbstract" xlink:label="bac_AllowanceForLoanLossesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AllowanceForLoanLossesAbstract" xlink:to="bac_AllowanceForLoanLossesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AllowanceForLoanLossesAbstract_lbl" xml:lang="en-US"> Allowance for loan losses [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AllowanceForLoanLossesAbstract_lbl" xml:lang="en-US"> Allowance for loan losses abstract. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LoansAndLeasesReceivableUsSmallBusinessCommercial" xlink:label="bac_LoansAndLeasesReceivableUsSmallBusinessCommercial"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LoansAndLeasesReceivableUsSmallBusinessCommercial" xlink:to="bac_LoansAndLeasesReceivableUsSmallBusinessCommercial_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LoansAndLeasesReceivableUsSmallBusinessCommercial_lbl" xml:lang="en-US"> Loans And Leases Receivable Us Small Business Commercial </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_LoansAndLeasesReceivableUsSmallBusinessCommercial_lbl" xml:lang="en-US"> U.S. Small business Commercial </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LoansAndLeasesReceivableUsSmallBusinessCommercial_lbl" xml:lang="en-US"> Loans And Leases Receivable U.S. Small Business Commercial. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NonperformingLoansAndLeasesUsCommercial" xlink:label="bac_NonperformingLoansAndLeasesUsCommercial"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NonperformingLoansAndLeasesUsCommercial" xlink:to="bac_NonperformingLoansAndLeasesUsCommercial_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NonperformingLoansAndLeasesUsCommercial_lbl" xml:lang="en-US"> Nonperforming Loans And Leases Us Commercial </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NonperformingLoansAndLeasesUsCommercial_lbl" xml:lang="en-US"> U.S. commercial </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NonperformingLoansAndLeasesUsCommercial_lbl" xml:lang="en-US"> Reflects the carrying amount of U.S. commercial loans deemed to be questionable as to collection on which no interest is continuing to be recognized. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AccruingPastDueNinetyDaysOrMoreUSCommercial" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreUSCommercial"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AccruingPastDueNinetyDaysOrMoreUSCommercial" xlink:to="bac_AccruingPastDueNinetyDaysOrMoreUSCommercial_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreUSCommercial_lbl" xml:lang="en-US"> Accruing Past Due Ninety Days Or More US Commercial </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreUSCommercial_lbl" xml:lang="en-US"> U.S. commercial </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreUSCommercial_lbl" xml:lang="en-US"> Financing receivables that are equal to or greater than 90 days past due for Commercial Domestic. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NonperformingLoansAndLeasesNonUsCommercial" xlink:label="bac_NonperformingLoansAndLeasesNonUsCommercial"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NonperformingLoansAndLeasesNonUsCommercial" xlink:to="bac_NonperformingLoansAndLeasesNonUsCommercial_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NonperformingLoansAndLeasesNonUsCommercial_lbl" xml:lang="en-US"> Nonperforming Loans And Leases Non Us Commercial </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NonperformingLoansAndLeasesNonUsCommercial_lbl" xml:lang="en-US"> Non-U.S. commercial </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NonperformingLoansAndLeasesNonUsCommercial_lbl" xml:lang="en-US"> Reflects the carrying amount of non-U.S. commercial loans deemed to be questionable as to collection on which no interest is continuing to be recognized. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AccruingPastDueNinetyDaysOrMoreNonUsCommercial" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreNonUsCommercial"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AccruingPastDueNinetyDaysOrMoreNonUsCommercial" xlink:to="bac_AccruingPastDueNinetyDaysOrMoreNonUsCommercial_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreNonUsCommercial_lbl" xml:lang="en-US"> Accruing Past Due Ninety Days Or More Non Us Commercial </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreNonUsCommercial_lbl" xml:lang="en-US"> Non-U.S. commercial </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreNonUsCommercial_lbl" xml:lang="en-US"> Financing receivables that are equal to or greater than 90 days past due for non-U.S. Commercial. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NonperformingLoansAndLeasesUsSmallBusinessCommercial" xlink:label="bac_NonperformingLoansAndLeasesUsSmallBusinessCommercial"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NonperformingLoansAndLeasesUsSmallBusinessCommercial" xlink:to="bac_NonperformingLoansAndLeasesUsSmallBusinessCommercial_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NonperformingLoansAndLeasesUsSmallBusinessCommercial_lbl" xml:lang="en-US"> Nonperforming Loans And Leases Us Small Business Commercial </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_NonperformingLoansAndLeasesUsSmallBusinessCommercial_lbl" xml:lang="en-US"> U.S. small business commercial </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NonperformingLoansAndLeasesUsSmallBusinessCommercial_lbl" xml:lang="en-US"> Nonperforming Loans And Leases U.S. Small Business Commercial. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AccruingPastDueNinetyDaysOrMoreUsSmallBusinessCommercial" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreUsSmallBusinessCommercial"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AccruingPastDueNinetyDaysOrMoreUsSmallBusinessCommercial" xlink:to="bac_AccruingPastDueNinetyDaysOrMoreUsSmallBusinessCommercial_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreUsSmallBusinessCommercial_lbl" xml:lang="en-US"> Accruing Past Due Ninety Days Or More Us Small Business Commercial </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreUsSmallBusinessCommercial_lbl" xml:lang="en-US"> U.S. small business commercial </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreUsSmallBusinessCommercial_lbl" xml:lang="en-US"> Financing receivables that are equal to or greater than 90 days past due for U.S. Small Business Commercial. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NonperformingLoansAndLeasesConsumerNonUsCreditCard" xlink:label="bac_NonperformingLoansAndLeasesConsumerNonUsCreditCard"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NonperformingLoansAndLeasesConsumerNonUsCreditCard" xlink:to="bac_NonperformingLoansAndLeasesConsumerNonUsCreditCard_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NonperformingLoansAndLeasesConsumerNonUsCreditCard_lbl" xml:lang="en-US"> Nonperforming Loans And Leases Consumer Non Us Credit Card </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NonperformingLoansAndLeasesConsumerNonUsCreditCard_lbl" xml:lang="en-US"> Non-U.S. Credit card </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NonperformingLoansAndLeasesConsumerNonUsCreditCard_lbl" xml:lang="en-US"> Nonperforming Loans And Leases Consumer Non-U.S. Credit Card. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AccruingPastDueNinetyDaysOrMoreConsumerNonUsCreditCard" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreConsumerNonUsCreditCard"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AccruingPastDueNinetyDaysOrMoreConsumerNonUsCreditCard" xlink:to="bac_AccruingPastDueNinetyDaysOrMoreConsumerNonUsCreditCard_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreConsumerNonUsCreditCard_lbl" xml:lang="en-US"> Accruing Past Due Ninety Days Or More Consumer Non Us Credit Card </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreConsumerNonUsCreditCard_lbl" xml:lang="en-US"> Non-U.S. Credit card </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreConsumerNonUsCreditCard_lbl" xml:lang="en-US"> Accruing Past Due Ninety Days Or More Consumer Non-U.S. Credit Card. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NonperformingLoansAndLeasesConsumerUsCreditCard" xlink:label="bac_NonperformingLoansAndLeasesConsumerUsCreditCard"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NonperformingLoansAndLeasesConsumerUsCreditCard" xlink:to="bac_NonperformingLoansAndLeasesConsumerUsCreditCard_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NonperformingLoansAndLeasesConsumerUsCreditCard_lbl" xml:lang="en-US"> Nonperforming Loans And Leases Consumer Us Credit Card </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NonperformingLoansAndLeasesConsumerUsCreditCard_lbl" xml:lang="en-US"> U.S. Credit card </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NonperformingLoansAndLeasesConsumerUsCreditCard_lbl" xml:lang="en-US"> Nonperforming Loans And Leases Consumer U.S. Credit Card. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AccruingPastDueNinetyDaysOrMoreConsumerUsCreditCard" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreConsumerUsCreditCard"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AccruingPastDueNinetyDaysOrMoreConsumerUsCreditCard" xlink:to="bac_AccruingPastDueNinetyDaysOrMoreConsumerUsCreditCard_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreConsumerUsCreditCard_lbl" xml:lang="en-US"> Accruing Past Due Ninety Days Or More Consumer Us Credit Card </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreConsumerUsCreditCard_lbl" xml:lang="en-US"> U.S. Credit Card </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreConsumerUsCreditCard_lbl" xml:lang="en-US"> Accruing Past Due Ninety Days Or More Consumer U.S. Credit Card. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LoansAndLeasesReceivableUsCommercial" xlink:label="bac_LoansAndLeasesReceivableUsCommercial"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LoansAndLeasesReceivableUsCommercial" xlink:to="bac_LoansAndLeasesReceivableUsCommercial_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LoansAndLeasesReceivableUsCommercial_lbl" xml:lang="en-US"> Loans And Leases Receivable Us Commercial </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_LoansAndLeasesReceivableUsCommercial_lbl" xml:lang="en-US"> U.S. commercial </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LoansAndLeasesReceivableUsCommercial_lbl" xml:lang="en-US"> Represents the portion of the loans and leases portfolio relating to U.S. commercial loans that are outstanding as a receivable.U.S. Commercial - domestic loans consist of the following: (1) business banking, middle-market and large multinational corporate loans and leases; (2) acquisition, bridge financing and institutional investor services; and (3) business-purpose loans for wealthy individuals. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_RenegotiatedLoansUsCreditCard" xlink:label="bac_RenegotiatedLoansUsCreditCard"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_RenegotiatedLoansUsCreditCard" xlink:to="bac_RenegotiatedLoansUsCreditCard_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_RenegotiatedLoansUsCreditCard_lbl" xml:lang="en-US"> Renegotiated Loans U.S. Credit Card </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_RenegotiatedLoansUsCreditCard_lbl" xml:lang="en-US"> U.S. Credit card </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_RenegotiatedLoansUsCreditCard_lbl" xml:lang="en-US"> Reflects the gross carrying amount of the renegotiated U.S. credit card portfolio of credit card loans issued to individuals under revolving credit arrangements that typically charge comparatively higher rates of interest commensurate with higher credit risk, generate late payment and similar types of fees, and are usually unsecured. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_RenegotiatedLoansNonUsCreditCard" xlink:label="bac_RenegotiatedLoansNonUsCreditCard"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_RenegotiatedLoansNonUsCreditCard" xlink:to="bac_RenegotiatedLoansNonUsCreditCard_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_RenegotiatedLoansNonUsCreditCard_lbl" xml:lang="en-US"> Renegotiated Loans Non-U.S. Credit Card </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_RenegotiatedLoansNonUsCreditCard_lbl" xml:lang="en-US"> Non-U.S. Credit card </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_RenegotiatedLoansNonUsCreditCard_lbl" xml:lang="en-US"> Reflects the gross carrying amount of the renegotiated non-U.S. credit card portfolio of credit card loans issued to individuals under revolving credit arrangements that typically charge comparatively higher rates of interest commensurate with higher credit risk, generate late payment and similar types of fees, and are usually unsecured. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_RenegotiatedUsSmallBusinessCommercial" xlink:label="bac_RenegotiatedUsSmallBusinessCommercial"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_RenegotiatedUsSmallBusinessCommercial" xlink:to="bac_RenegotiatedUsSmallBusinessCommercial_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_RenegotiatedUsSmallBusinessCommercial_lbl" xml:lang="en-US"> Renegotiated Us Small Business Commercial </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_RenegotiatedUsSmallBusinessCommercial_lbl" xml:lang="en-US"> Represents the portion of the renegotiated U.S. small business commercial portfolio that is outstanding as a receivable. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_RenegotiatedUsSmallBusinessCommercial_lbl" xml:lang="en-US"> U.S.Small business commercial </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueOnRenegotiatedLoansInUsCreditCard" xlink:label="bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueOnRenegotiatedLoansInUsCreditCard"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueOnRenegotiatedLoansInUsCreditCard" xlink:to="bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueOnRenegotiatedLoansInUsCreditCard_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueOnRenegotiatedLoansInUsCreditCard_lbl" xml:lang="en-US"> Percentage Of Balances Current Or Less Than Thirty Days Past Due On Renegotiated Loans In Us Credit Card </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueOnRenegotiatedLoansInUsCreditCard_lbl" xml:lang="en-US"> U.S. Credit card </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueOnRenegotiatedLoansInUsCreditCard_lbl" xml:lang="en-US"> Represents the percentage of balances current or less than thirty days past due on renegotiated loans in U.S. credit card. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueOnRenegotiatedLoansInNonUsCreditCard" xlink:label="bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueOnRenegotiatedLoansInNonUsCreditCard"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueOnRenegotiatedLoansInNonUsCreditCard" xlink:to="bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueOnRenegotiatedLoansInNonUsCreditCard_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueOnRenegotiatedLoansInNonUsCreditCard_lbl" xml:lang="en-US"> Percentage Of Balances Current Or Less Than Thirty Days Past Due On Renegotiated Loans In Non Us Credit Card </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueOnRenegotiatedLoansInNonUsCreditCard_lbl" xml:lang="en-US"> Non-U.S. Credit card </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueOnRenegotiatedLoansInNonUsCreditCard_lbl" xml:lang="en-US"> Represents the percentage of balances current or less lhan lhirty days past due on renegotiated loans in non-U.S. credit card. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueOnRenegotiatedLoansInUsSmallBusinessCommercial" xlink:label="bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueOnRenegotiatedLoansInUsSmallBusinessCommercial"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueOnRenegotiatedLoansInUsSmallBusinessCommercial" xlink:to="bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueOnRenegotiatedLoansInUsSmallBusinessCommercial_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueOnRenegotiatedLoansInUsSmallBusinessCommercial_lbl" xml:lang="en-US"> Percentage Of Balances Current Or Less Than Thirty Days Past Due On Renegotiated Loans In Us Small Business Commercial </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueOnRenegotiatedLoansInUsSmallBusinessCommercial_lbl" xml:lang="en-US"> U.S.Small business commercial </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PercentageOfBalancesCurrentOrLessThanThirtyDaysPastDueOnRenegotiatedLoansInUsSmallBusinessCommercial_lbl" xml:lang="en-US"> Represents the percentage of balances current or less than thirty days past due on renegotiated loans in U.S. small business commercial. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_USCommercialLoans" xlink:label="bac_USCommercialLoans"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_USCommercialLoans" xlink:to="bac_USCommercialLoans_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_USCommercialLoans_lbl" xml:lang="en-US"> USCommercialLoans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_USCommercialLoans_lbl" xml:lang="en-US"> U.S. Commercial loans measured at fair value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_USCommercialLoans_lbl" xml:lang="en-US"> Represents the fair value of U.S. commercial loans for which the fair value option was elected. U.S. Commercial loans consist of the following: (1) business banking, middle-market and large multinational corporate loans and leases; (2) acquisition, bridge financing and institutional investor services; and (3) business-purpose loans for wealthy individuals. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NonUsCommercialLoans" xlink:label="bac_NonUsCommercialLoans"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NonUsCommercialLoans" xlink:to="bac_NonUsCommercialLoans_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NonUsCommercialLoans_lbl" xml:lang="en-US"> NonUsCommercialLoans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NonUsCommercialLoans_lbl" xml:lang="en-US"> Non-U.S. Commercial loans measured at fair value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NonUsCommercialLoans_lbl" xml:lang="en-US"> Represents the fair value of non-U.S. commercial loans for which the fair value option was elected. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NonperformingNonUsCommercialTDRLoans" xlink:label="bac_NonperformingNonUsCommercialTDRLoans"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NonperformingNonUsCommercialTDRLoans" xlink:to="bac_NonperformingNonUsCommercialTDRLoans_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NonperformingNonUsCommercialTDRLoans_lbl" xml:lang="en-US"> TDRs on accrual status of Non-U.S. Commercial loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NonperformingNonUsCommercialTDRLoans_lbl" xml:lang="en-US"> Non-U.S. Commercial loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NonperformingNonUsCommercialTDRLoans_lbl" xml:lang="en-US"> Nonperforming Non-U.S. Commercial TDR Loans. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NonperformingUsCommercialTDRLoans" xlink:label="bac_NonperformingUsCommercialTDRLoans"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NonperformingUsCommercialTDRLoans" xlink:to="bac_NonperformingUsCommercialTDRLoans_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NonperformingUsCommercialTDRLoans_lbl" xml:lang="en-US"> NonperformingUsCommercialTDRLoans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NonperformingUsCommercialTDRLoans_lbl" xml:lang="en-US"> U.S. Commercial loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NonperformingUsCommercialTDRLoans_lbl" xml:lang="en-US"> Represents troubled debt restructured loans within U.S. commercial loans on which no interest is continuing to be recognized. U.S. Commercial loans consist of the following: (1) business banking, middle-market and large multinational corporate loans and leases; (2) acquisition, bridge financing and institutional investor services; and (3) business-purpose loans for wealthy individuals. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AggregateIssuedAndOutstandingTrustSecuritiesWhichWillNotQualifyAsTier1CapitalUnderFinacialReformAct" xlink:label="bac_AggregateIssuedAndOutstandingTrustSecuritiesWhichWillNotQualifyAsTier1CapitalUnderFinacialReformAct"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AggregateIssuedAndOutstandingTrustSecuritiesWhichWillNotQualifyAsTier1CapitalUnderFinacialReformAct" xlink:to="bac_AggregateIssuedAndOutstandingTrustSecuritiesWhichWillNotQualifyAsTier1CapitalUnderFinacialReformAct_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AggregateIssuedAndOutstandingTrustSecuritiesWhichWillNotQualifyAsTier1CapitalUnderFinacialReformAct_lbl" xml:lang="en-US"> Aggregate issued and outstanding Trust securities which will not qualify as Tier 1 capital under Finacial Reform Act </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AggregateIssuedAndOutstandingTrustSecuritiesWhichWillNotQualifyAsTier1CapitalUnderFinacialReformAct_lbl" xml:lang="en-US"> Aggregate issued and outstanding Trust securities which will not qualify as Tier 1 capital under Finacial Reform Act </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AggregateIssuedAndOutstandingTrustSecuritiesWhichWillNotQualifyAsTier1CapitalUnderFinacialReformAct_lbl" xml:lang="en-US"> Aggregate issued and outstanding Trust securities which will not qualify as Tier 1 capital under Finacial Reform Act. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_IssuedAndOutstandingTrustSecuritiesWhichWillNotQualifyAsTier1CapitalUnderFinacialReformActAsPortionOfTier1Securities" xlink:label="bac_IssuedAndOutstandingTrustSecuritiesWhichWillNotQualifyAsTier1CapitalUnderFinacialReformActAsPortionOfTier1Securities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_IssuedAndOutstandingTrustSecuritiesWhichWillNotQualifyAsTier1CapitalUnderFinacialReformActAsPortionOfTier1Securities" xlink:to="bac_IssuedAndOutstandingTrustSecuritiesWhichWillNotQualifyAsTier1CapitalUnderFinacialReformActAsPortionOfTier1Securities_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_IssuedAndOutstandingTrustSecuritiesWhichWillNotQualifyAsTier1CapitalUnderFinacialReformActAsPortionOfTier1Securities_lbl" xml:lang="en-US"> Issued and outstanding Trust securities Which Will not qualify as Tier 1 capital under Finacial Reform Act as a portion of Tier 1 securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_IssuedAndOutstandingTrustSecuritiesWhichWillNotQualifyAsTier1CapitalUnderFinacialReformActAsPortionOfTier1Securities_lbl" xml:lang="en-US"> Issued and outstanding Trust securities which will not qualify as Tier 1 capital under Finacial Reform Act as a portion of Tier 1 securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_IssuedAndOutstandingTrustSecuritiesWhichWillNotQualifyAsTier1CapitalUnderFinacialReformActAsPortionOfTier1Securities_lbl" xml:lang="en-US"> Issued and outstanding Trust securities which will not qualify as Tier 1 capital under Finacial Reform Act as a portion of Tier 1 securities. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MinimumAmountOfConsolidatedAssetsCompanyShouldHaveToBeConsideredInternationallyActiveBankHoldingCompanyApartFromHavingSignificantActivitiesInNonUSMarkets" xlink:label="bac_MinimumAmountOfConsolidatedAssetsCompanyShouldHaveToBeConsideredInternationallyActiveBankHoldingCompanyApartFromHavingSignificantActivitiesInNonUSMarkets"/>
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<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MinimumAmountOfConsolidatedAssetsCompanyShouldHaveToBeConsideredInternationallyActiveBankHoldingCompanyApartFromHavingSignificantActivitiesInNonUSMarkets_lbl" xml:lang="en-US"> Represents the minimum amount of consolidated assets a company should have to be considered an internationally active bank holding company, apart from having significant activities in non-US markets. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_MinimumAmountOfConsolidatedAssetsCompanyShouldHaveToBeConsideredInternationallyActiveBankHoldingCompanyApartFromHavingSignificantActivitiesInNonUSMarkets_lbl" xml:lang="en-US"> Minimum amount of consolidated assets a company should have to be considered an internationally active bank holding company, apart from having significant activities in non-US markets </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MinimumOnBalanceSheetForeignExposureCompanyShouldHaveToBeConsideredInternationallyActiveBankHoldingCompanyApartFromHavingSignificantActivitiesInNonUSMarkets" xlink:label="bac_MinimumOnBalanceSheetForeignExposureCompanyShouldHaveToBeConsideredInternationallyActiveBankHoldingCompanyApartFromHavingSignificantActivitiesInNonUSMarkets"/>
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<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MinimumOnBalanceSheetForeignExposureCompanyShouldHaveToBeConsideredInternationallyActiveBankHoldingCompanyApartFromHavingSignificantActivitiesInNonUSMarkets_lbl" xml:lang="en-US"> Represents the minimum on-balance sheet foreign exposure a company should have to be considered an internationally active bank holding company, apart from having significant activities in non-US markets. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_MinimumOnBalanceSheetForeignExposureCompanyShouldHaveToBeConsideredInternationallyActiveBankHoldingCompanyApartFromHavingSignificantActivitiesInNonUSMarkets_lbl" xml:lang="en-US"> Minimum on-balance sheet foreign exposure a company should have to be considered an internationally active bank holding company, apart from having significant activities in non-US markets </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DividendsAndUndistributedEarningsAllocatedToParticipatingSecurities" xlink:label="bac_DividendsAndUndistributedEarningsAllocatedToParticipatingSecurities"/>
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<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DividendsAndUndistributedEarningsAllocatedToParticipatingSecurities_lbl" xml:lang="en-US"> Dividends and undistributed earnings allocated to participating securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DividendsAndUndistributedEarningsAllocatedToParticipatingSecurities_lbl" xml:lang="en-US"> This represents dividends and undistributed earnings allocated to participating securities. </label>
<label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negatedTotal" xlink:label="bac_DividendsAndUndistributedEarningsAllocatedToParticipatingSecurities_lbl" xml:lang="en-US"> Dividends and undistributed earnings allocated to participating securities </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DividendsOnPreferredStockIssuedOrOutstanding" xlink:label="bac_DividendsOnPreferredStockIssuedOrOutstanding"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DividendsOnPreferredStockIssuedOrOutstanding" xlink:to="bac_DividendsOnPreferredStockIssuedOrOutstanding_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DividendsOnPreferredStockIssuedOrOutstanding_lbl" xml:lang="en-US"> Dividends on preferred stock issued or outstanding as a part of the Merrill Lynch acquisition </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_DividendsOnPreferredStockIssuedOrOutstanding_lbl" xml:lang="en-US"> Dividends on preferred stock issued or outstanding as a part of the Merrill Lynch acquisition </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DividendsOnPreferredStockIssuedOrOutstanding_lbl" xml:lang="en-US"> This represents dividends on preferred stock issued or outstanding as part of the Merrill Lynch acquisition. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAbstract" xlink:label="us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAbstract"/>
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<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAbstract" xml:lang="en-US"> Defined Benefit Plan, Pension Plans with Accumulated Benefit Obligations in Excess of Plan Assets [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAbstract" xml:lang="en-US"> Plans with ABO in excess of plan assets </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation" xlink:label="us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation"/>
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<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation" xml:lang="en-US"> Defined Benefit Plan, Pension Plans with Accumulated Benefit Obligations in Excess of Plan Assets, Aggregate Projected Benefit Obligation </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation" xml:lang="en-US"> Qualified pension plans with PBO in excess of plan assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation" xml:lang="en-US"> PBO </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation" xlink:label="us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation" xlink:to="lab_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation" xml:lang="en-US"> Defined Benefit Plan, Pension Plans with Accumulated Benefit Obligations in Excess of Plan Assets, Aggregate Accumulated Benefit Obligation </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation" xml:lang="en-US"> Qualified pension plans with ABO in excess of plan assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation" xml:lang="en-US"> ABO </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets" xlink:label="us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets" xlink:to="lab_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets" xml:lang="en-US"> Defined Benefit Plan, Pension Plans with Accumulated Benefit Obligations in Excess of Plan Assets, Aggregate Fair Value of Plan Assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets" xml:lang="en-US"> Fair value of plan assets </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanPlansWithBenefitObligationsInExcessOfPlanAssetsAbstract" xlink:label="us-gaap_DefinedBenefitPlanPlansWithBenefitObligationsInExcessOfPlanAssetsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanPlansWithBenefitObligationsInExcessOfPlanAssetsAbstract" xlink:to="lab_DefinedBenefitPlanPlansWithBenefitObligationsInExcessOfPlanAssetsAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanPlansWithBenefitObligationsInExcessOfPlanAssetsAbstract" xml:lang="en-US"> Defined Benefit Plan, Plans with Benefit Obligations in Excess of Plan Assets [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DefinedBenefitPlanPlansWithBenefitObligationsInExcessOfPlanAssetsAbstract" xml:lang="en-US"> Plans with PBO in excess of plan assets </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanPlansWithBenefitObligationsInExcessOfPlanAssetsAggregateBenefitObligation" xlink:label="us-gaap_DefinedBenefitPlanPlansWithBenefitObligationsInExcessOfPlanAssetsAggregateBenefitObligation"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanPlansWithBenefitObligationsInExcessOfPlanAssetsAggregateBenefitObligation" xlink:to="lab_DefinedBenefitPlanPlansWithBenefitObligationsInExcessOfPlanAssetsAggregateBenefitObligation"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanPlansWithBenefitObligationsInExcessOfPlanAssetsAggregateBenefitObligation" xml:lang="en-US"> Defined Benefit Plan, Plans with Benefit Obligations in Excess of Plan Assets, Aggregate Benefit Obligation </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DefinedBenefitPlanPlansWithBenefitObligationsInExcessOfPlanAssetsAggregateBenefitObligation" xml:lang="en-US"> PBO </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanPlansWithBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets" xlink:label="us-gaap_DefinedBenefitPlanPlansWithBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanPlansWithBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets" xlink:to="lab_DefinedBenefitPlanPlansWithBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanPlansWithBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets" xml:lang="en-US"> Defined Benefit Plan, Plans with Benefit Obligations in Excess of Plan Assets, Aggregate Fair Value of Plan Assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_DefinedBenefitPlanPlansWithBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets" xml:lang="en-US"> Fair value of plan assets </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AccumulatedBenefitObligationProjectedBenefitObligationExcessOfPlanAssetsAbstract" xlink:label="bac_AccumulatedBenefitObligationProjectedBenefitObligationExcessOfPlanAssetsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AccumulatedBenefitObligationProjectedBenefitObligationExcessOfPlanAssetsAbstract" xlink:to="bac_AccumulatedBenefitObligationProjectedBenefitObligationExcessOfPlanAssetsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AccumulatedBenefitObligationProjectedBenefitObligationExcessOfPlanAssetsAbstract_lbl" xml:lang="en-US"> Accumulated Benefit Obligation Projected Benefit Obligation Excess Of Plan Assets Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AccumulatedBenefitObligationProjectedBenefitObligationExcessOfPlanAssetsAbstract_lbl" xml:lang="en-US"> ABO PBO excess of plan assets. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AccumulatedBenefitObligationProjectedBenefitObligationExcessOfPlanAssetsAbstract_lbl" xml:lang="en-US"> ABO PBO excess of plan assets </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AccumulatedBenefitObligationProjectedBenefitObligationExcessOfPlanAssetsTextBlock" xlink:label="bac_AccumulatedBenefitObligationProjectedBenefitObligationExcessOfPlanAssetsTextBlock"/>
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<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AccumulatedBenefitObligationProjectedBenefitObligationExcessOfPlanAssetsTextBlock_lbl" xml:lang="en-US"> Accumulated Benefit Obligation Projected Benefit Obligation Excess Of Plan AssetsText Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AccumulatedBenefitObligationProjectedBenefitObligationExcessOfPlanAssetsTextBlock_lbl" xml:lang="en-US"> ABO PBO Excess of plan assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AccumulatedBenefitObligationProjectedBenefitObligationExcessOfPlanAssetsTextBlock_lbl" xml:lang="en-US"> Accumulated benefit obligation projected benefit obligation, excess of plan. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanAmountsThatWillBeAmortizedFromAccumulatedOtherComprehensiveIncomeLossInNextFiscalYear" xlink:label="us-gaap_DefinedBenefitPlanAmountsThatWillBeAmortizedFromAccumulatedOtherComprehensiveIncomeLossInNextFiscalYear"/>
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<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanAmountsThatWillBeAmortizedFromAccumulatedOtherComprehensiveIncomeLossInNextFiscalYear" xml:lang="en-US"> Defined Benefit Plan, Amounts that Will be Amortized from Accumulated Other Comprehensive Income (Loss) in Next Fiscal Year </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_DefinedBenefitPlanAmountsThatWillBeAmortizedFromAccumulatedOtherComprehensiveIncomeLossInNextFiscalYear" xml:lang="en-US"> Total amortized from accumulated OCI </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanTargetAllocationPercentageOfAssetsOtherRangeMaximum" xlink:label="us-gaap_DefinedBenefitPlanTargetAllocationPercentageOfAssetsOtherRangeMaximum"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanTargetAllocationPercentageOfAssetsOtherRangeMaximum" xlink:to="lab_DefinedBenefitPlanTargetAllocationPercentageOfAssetsOtherRangeMaximum"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanTargetAllocationPercentageOfAssetsOtherRangeMaximum" xml:lang="en-US"> Defined Benefit Plan, Target Allocation Percentage of Assets, Other, Range Maximum </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DefinedBenefitPlanTargetAllocationPercentageOfAssetsOtherRangeMaximum" xml:lang="en-US"> Other, Maximum </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanTargetAllocationPercentageOfAssetsOtherRangeMinimum" xlink:label="us-gaap_DefinedBenefitPlanTargetAllocationPercentageOfAssetsOtherRangeMinimum"/>
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<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanTargetAllocationPercentageOfAssetsOtherRangeMinimum" xml:lang="en-US"> Defined Benefit Plan, Target Allocation Percentage of Assets, Other, Range Minimum </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DefinedBenefitPlanTargetAllocationPercentageOfAssetsOtherRangeMinimum" xml:lang="en-US"> Other, Minimum </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanTargetAllocationPercentageOfAssetsRealEstateRangeMaximum" xlink:label="us-gaap_DefinedBenefitPlanTargetAllocationPercentageOfAssetsRealEstateRangeMaximum"/>
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<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DefinedBenefitPlanTargetAllocationPercentageOfAssetsRealEstateRangeMaximum" xml:lang="en-US"> Real estate, Maximum </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanTargetAllocationPercentageOfAssetsRealEstateRangeMinimum" xlink:label="us-gaap_DefinedBenefitPlanTargetAllocationPercentageOfAssetsRealEstateRangeMinimum"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanTargetAllocationPercentageOfAssetsRealEstateRangeMinimum" xlink:to="lab_DefinedBenefitPlanTargetAllocationPercentageOfAssetsRealEstateRangeMinimum"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanTargetAllocationPercentageOfAssetsRealEstateRangeMinimum" xml:lang="en-US"> Defined Benefit Plan, Target Allocation Percentage of Assets, Real Estate, Range Minimum </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DefinedBenefitPlanTargetAllocationPercentageOfAssetsRealEstateRangeMinimum" xml:lang="en-US"> Real estate, Minimum </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanTargetAllocationPercentageOfAssetsDebtSecuritiesRangeMaximum" xlink:label="us-gaap_DefinedBenefitPlanTargetAllocationPercentageOfAssetsDebtSecuritiesRangeMaximum"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanTargetAllocationPercentageOfAssetsDebtSecuritiesRangeMaximum" xlink:to="lab_DefinedBenefitPlanTargetAllocationPercentageOfAssetsDebtSecuritiesRangeMaximum"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanTargetAllocationPercentageOfAssetsDebtSecuritiesRangeMaximum" xml:lang="en-US"> Defined Benefit Plan, Target Allocation Percentage of Assets, Debt Securities, Range Maximum </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DefinedBenefitPlanTargetAllocationPercentageOfAssetsDebtSecuritiesRangeMaximum" xml:lang="en-US"> Debt securities, Maximum </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanTargetAllocationPercentageOfAssetsDebtSecuritiesRangeMinimum" xlink:label="us-gaap_DefinedBenefitPlanTargetAllocationPercentageOfAssetsDebtSecuritiesRangeMinimum"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanTargetAllocationPercentageOfAssetsDebtSecuritiesRangeMinimum" xlink:to="lab_DefinedBenefitPlanTargetAllocationPercentageOfAssetsDebtSecuritiesRangeMinimum"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanTargetAllocationPercentageOfAssetsDebtSecuritiesRangeMinimum" xml:lang="en-US"> Defined Benefit Plan, Target Allocation Percentage of Assets, Debt Securities, Range Minimum </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DefinedBenefitPlanTargetAllocationPercentageOfAssetsDebtSecuritiesRangeMinimum" xml:lang="en-US"> Debt securities, Minimum </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanTargetAllocationPercentageOfAssetsEquitySecuritiesRangeMaximum" xlink:label="us-gaap_DefinedBenefitPlanTargetAllocationPercentageOfAssetsEquitySecuritiesRangeMaximum"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanTargetAllocationPercentageOfAssetsEquitySecuritiesRangeMaximum" xlink:to="lab_DefinedBenefitPlanTargetAllocationPercentageOfAssetsEquitySecuritiesRangeMaximum"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanTargetAllocationPercentageOfAssetsEquitySecuritiesRangeMaximum" xml:lang="en-US"> Defined Benefit Plan, Target Allocation Percentage of Assets, Equity Securities, Range Maximum </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DefinedBenefitPlanTargetAllocationPercentageOfAssetsEquitySecuritiesRangeMaximum" xml:lang="en-US"> Equity securities, Maximum </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanTargetAllocationPercentageOfAssetsEquitySecuritiesRangeMinimum" xlink:label="us-gaap_DefinedBenefitPlanTargetAllocationPercentageOfAssetsEquitySecuritiesRangeMinimum"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanTargetAllocationPercentageOfAssetsEquitySecuritiesRangeMinimum" xlink:to="lab_DefinedBenefitPlanTargetAllocationPercentageOfAssetsEquitySecuritiesRangeMinimum"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanTargetAllocationPercentageOfAssetsEquitySecuritiesRangeMinimum" xml:lang="en-US"> Defined Benefit Plan, Target Allocation Percentage of Assets, Equity Securities, Range Minimum </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DefinedBenefitPlanTargetAllocationPercentageOfAssetsEquitySecuritiesRangeMinimum" xml:lang="en-US"> Equity securities, Minimum </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanAmountsThatWillBeAmortizedFromAccumulatedOtherComprehensiveIncomeLossInNextFiscalYearAbstract" xlink:label="us-gaap_DefinedBenefitPlanAmountsThatWillBeAmortizedFromAccumulatedOtherComprehensiveIncomeLossInNextFiscalYearAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanAmountsThatWillBeAmortizedFromAccumulatedOtherComprehensiveIncomeLossInNextFiscalYearAbstract" xlink:to="lab_DefinedBenefitPlanAmountsThatWillBeAmortizedFromAccumulatedOtherComprehensiveIncomeLossInNextFiscalYearAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DefinedBenefitPlanAmountsThatWillBeAmortizedFromAccumulatedOtherComprehensiveIncomeLossInNextFiscalYearAbstract" xml:lang="en-US"> Defined Benefit Plan, Amounts that Will be Amortized from Accumulated Other Comprehensive Income (Loss) in Next Fiscal Year [Abstract] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PreTaxAmountAmortizedFromAccumulatedOtherComprehensiveIncomeTextBlock" xlink:label="bac_PreTaxAmountAmortizedFromAccumulatedOtherComprehensiveIncomeTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PreTaxAmountAmortizedFromAccumulatedOtherComprehensiveIncomeTextBlock" xlink:to="bac_PreTaxAmountAmortizedFromAccumulatedOtherComprehensiveIncomeTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PreTaxAmountAmortizedFromAccumulatedOtherComprehensiveIncomeTextBlock_lbl" xml:lang="en-US"> Pre Tax Amount Amortized From Accumulated Other Comprehensive Income Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PreTaxAmountAmortizedFromAccumulatedOtherComprehensiveIncomeTextBlock_lbl" xml:lang="en-US"> Pre-tax amount amortized from accumulated OCI. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PreTaxAmountAmortizedFromAccumulatedOtherComprehensiveIncomeTextBlock_lbl" xml:lang="en-US"> Pre Tax amount amortized from accumulated OCI </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AfsDebtSecurities" xlink:label="bac_AfsDebtSecurities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AfsDebtSecurities" xlink:to="bac_AfsDebtSecurities_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AfsDebtSecurities_lbl" xml:lang="en-US"> Afs Debt Securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AfsDebtSecurities_lbl" xml:lang="en-US"> AFS Debt Securities. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AfsDebtSecurities_lbl" xml:lang="en-US"> AFS Debt Securities </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ResecuritizationsMember" xlink:label="bac_ResecuritizationsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ResecuritizationsMember" xlink:to="bac_ResecuritizationsMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ResecuritizationsMember_lbl" xml:lang="en-US"> Resecuritizations [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ResecuritizationsMember_lbl" xml:lang="en-US"> Resecuritizations Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AutoAndOtherSecuritizationsMember" xlink:label="bac_AutoAndOtherSecuritizationsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AutoAndOtherSecuritizationsMember" xlink:to="bac_AutoAndOtherSecuritizationsMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AutoAndOtherSecuritizationsMember_lbl" xml:lang="en-US"> Auto and Other Securitizations [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AutoAndOtherSecuritizationsMember_lbl" xml:lang="en-US"> Auto and Other Securitizations Member </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_OtherAssetBackedSecuritizationsMember" xlink:label="bac_OtherAssetBackedSecuritizationsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_OtherAssetBackedSecuritizationsMember" xlink:to="bac_OtherAssetBackedSecuritizationsMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_OtherAssetBackedSecuritizationsMember_lbl" xml:lang="en-US"> Other Asset-backed Securitizations [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_OtherAssetBackedSecuritizationsMember_lbl" xml:lang="en-US"> Other Asset-backed Securitizations Member. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_RealEstateInvestmentMember" xlink:label="us-gaap_RealEstateInvestmentMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RealEstateInvestmentMember" xlink:to="lab_RealEstateInvestmentMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_RealEstateInvestmentMember" xml:lang="en-US"> Real Estate [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_FixedIncomeInvestmentsMember" xlink:label="us-gaap_FixedIncomeInvestmentsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FixedIncomeInvestmentsMember" xlink:to="lab_FixedIncomeInvestmentsMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FixedIncomeInvestmentsMember" xml:lang="en-US"> Fixed Income [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CashAndCashEquivalentsMember" xlink:label="us-gaap_CashAndCashEquivalentsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashAndCashEquivalentsMember" xlink:to="lab_CashAndCashEquivalentsMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CashAndCashEquivalentsMember" xml:lang="en-US"> Cash and short-term investments [Member] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PublicRealEstateInvestmentTrustsMember" xlink:label="bac_PublicRealEstateInvestmentTrustsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PublicRealEstateInvestmentTrustsMember" xlink:to="bac_PublicRealEstateInvestmentTrustsMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PublicRealEstateInvestmentTrustsMember_lbl" xml:lang="en-US"> Public real estate investment trusts [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PublicRealEstateInvestmentTrustsMember_lbl" xml:lang="en-US"> Public real estate investment trusts. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PrivateRealEstateMember" xlink:label="bac_PrivateRealEstateMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PrivateRealEstateMember" xlink:to="bac_PrivateRealEstateMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PrivateRealEstateMember_lbl" xml:lang="en-US"> Private Real Estate [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PrivateRealEstateMember_lbl" xml:lang="en-US"> Private real estate. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LimitedPartnershipsMember" xlink:label="bac_LimitedPartnershipsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LimitedPartnershipsMember" xlink:to="bac_LimitedPartnershipsMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LimitedPartnershipsMember_lbl" xml:lang="en-US"> Limited Partnerships [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LimitedPartnershipsMember_lbl" xml:lang="en-US"> Limited partnerships. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_IncreaseInPlanAssetsWithRespectToDeclineInDiscountRate" xlink:label="bac_IncreaseInPlanAssetsWithRespectToDeclineInDiscountRate"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_IncreaseInPlanAssetsWithRespectToDeclineInDiscountRate" xlink:to="bac_IncreaseInPlanAssetsWithRespectToDeclineInDiscountRate_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_IncreaseInPlanAssetsWithRespectToDeclineInDiscountRate_lbl" xml:lang="en-US"> Increase in plan assets with respect to decline in discount rate </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_IncreaseInPlanAssetsWithRespectToDeclineInDiscountRate_lbl" xml:lang="en-US"> Increase in plan assets with respect to decline in discount rate. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_IncreaseInPlanAssetsWithRespectToDeclineInDiscountRate_lbl" xml:lang="en-US"> Increase in plan assets with respect to decline in discount rate </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_IncreaseInPlanAssetsWithRespectToDeclineInExpectedReturn" xlink:label="bac_IncreaseInPlanAssetsWithRespectToDeclineInExpectedReturn"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_IncreaseInPlanAssetsWithRespectToDeclineInExpectedReturn" xlink:to="bac_IncreaseInPlanAssetsWithRespectToDeclineInExpectedReturn_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_IncreaseInPlanAssetsWithRespectToDeclineInExpectedReturn_lbl" xml:lang="en-US"> Increase in plan assets with respect to decline in expected return </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_IncreaseInPlanAssetsWithRespectToDeclineInExpectedReturn_lbl" xml:lang="en-US"> Increase in plan assets with respect to decline in expected return. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_IncreaseInPlanAssetsWithRespectToDeclineInExpectedReturn_lbl" xml:lang="en-US"> Increase in plan assets with respect to decline in expected return </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ProjectedBenefitPaymentsTextBlock" xlink:label="bac_ProjectedBenefitPaymentsTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ProjectedBenefitPaymentsTextBlock" xlink:to="bac_ProjectedBenefitPaymentsTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ProjectedBenefitPaymentsTextBlock_lbl" xml:lang="en-US"> Projected Benefit Payments Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ProjectedBenefitPaymentsTextBlock_lbl" xml:lang="en-US"> Projected benefit payments. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ProjectedBenefitPaymentsTextBlock_lbl" xml:lang="en-US"> Projected Benefit Payments </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SwapsIncludedInOtherInvestments" xlink:label="bac_SwapsIncludedInOtherInvestments"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SwapsIncludedInOtherInvestments" xlink:to="bac_SwapsIncludedInOtherInvestments_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SwapsIncludedInOtherInvestments_lbl" xml:lang="en-US"> Swaps Included In Other Investments </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SwapsIncludedInOtherInvestments_lbl" xml:lang="en-US"> Swaps included in other investments. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_SwapsIncludedInOtherInvestments_lbl" xml:lang="en-US"> Swaps included in other investments </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ParticipantLoansIncludedInOtherInvestments" xlink:label="bac_ParticipantLoansIncludedInOtherInvestments"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ParticipantLoansIncludedInOtherInvestments" xlink:to="bac_ParticipantLoansIncludedInOtherInvestments_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ParticipantLoansIncludedInOtherInvestments_lbl" xml:lang="en-US"> Participant Loans Included In Other Investments </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ParticipantLoansIncludedInOtherInvestments_lbl" xml:lang="en-US"> Participant loans included in other investments. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ParticipantLoansIncludedInOtherInvestments_lbl" xml:lang="en-US"> Participant loans included in other investments </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CommodityAndBalanceFundsIncludedInOtherInvestments" xlink:label="bac_CommodityAndBalanceFundsIncludedInOtherInvestments"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CommodityAndBalanceFundsIncludedInOtherInvestments" xlink:to="bac_CommodityAndBalanceFundsIncludedInOtherInvestments_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CommodityAndBalanceFundsIncludedInOtherInvestments_lbl" xml:lang="en-US"> Commodity And Balance Funds Included In Other Investments </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CommodityAndBalanceFundsIncludedInOtherInvestments_lbl" xml:lang="en-US"> Commodity and balance funds included in other investments. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CommodityAndBalanceFundsIncludedInOtherInvestments_lbl" xml:lang="en-US"> Commodity and balance funds included in other investments </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_OtherVariousInvestments" xlink:label="bac_OtherVariousInvestments"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_OtherVariousInvestments" xlink:to="bac_OtherVariousInvestments_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_OtherVariousInvestments_lbl" xml:lang="en-US"> Other Various Investments </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_OtherVariousInvestments_lbl" xml:lang="en-US"> Other various investments. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_OtherVariousInvestments_lbl" xml:lang="en-US"> Other various investments </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_InformationRelatedToOtherAssetbackedSecuritizationsTextBlock" xlink:label="bac_InformationRelatedToOtherAssetbackedSecuritizationsTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_InformationRelatedToOtherAssetbackedSecuritizationsTextBlock" xlink:to="bac_InformationRelatedToOtherAssetbackedSecuritizationsTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_InformationRelatedToOtherAssetbackedSecuritizationsTextBlock_lbl" xml:lang="en-US"> Information related to other asset-backed securitizations [Text Block] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_InformationRelatedToOtherAssetbackedSecuritizationsTextBlock_lbl" xml:lang="en-US"> Information related to other asset-backed securitizations </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_InformationRelatedToOtherAssetbackedSecuritizationsTextBlock_lbl" xml:lang="en-US"> Information related to other asset-backed securitizations. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DefinedBenefitPlanForeignCurrencyExchangeRateChangesBenefitObligation" xlink:label="us-gaap_DefinedBenefitPlanForeignCurrencyExchangeRateChangesBenefitObligation"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanForeignCurrencyExchangeRateChangesBenefitObligation" xlink:to="us-gaap_DefinedBenefitPlanForeignCurrencyExchangeRateChangesBenefitObligation_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedBenefitPlanForeignCurrencyExchangeRateChangesBenefitObligation_lbl" xml:lang="en-US"> Defined Benefit Plan, Foreign Currency Exchange Rate Changes, Benefit Obligation </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_DefinedBenefitPlanForeignCurrencyExchangeRateChangesBenefitObligation_lbl" xml:lang="en-US"> Foreign currency exchange rate changes </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ProceedsFromSaleOfCommonEquivalentSecuritiesRelatedToTarpRepayment" xlink:label="bac_ProceedsFromSaleOfCommonEquivalentSecuritiesRelatedToTarpRepayment"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ProceedsFromSaleOfCommonEquivalentSecuritiesRelatedToTarpRepayment" xlink:to="bac_ProceedsFromSaleOfCommonEquivalentSecuritiesRelatedToTarpRepayment_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ProceedsFromSaleOfCommonEquivalentSecuritiesRelatedToTarpRepayment_lbl" xml:lang="en-US"> Proceeds from the sale of common equivalent securities related to TARP repayment </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ProceedsFromSaleOfCommonEquivalentSecuritiesRelatedToTarpRepayment_lbl" xml:lang="en-US"> Represents the proceeds from the sale of common equivalent securities related to Tarp repayment. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ProceedsFromIncomeTaxRefunds" xlink:label="us-gaap_ProceedsFromIncomeTaxRefunds"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromIncomeTaxRefunds" xlink:to="lab_ProceedsFromIncomeTaxRefunds"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ProceedsFromIncomeTaxRefunds" xml:lang="en-US"> Proceeds from Income Tax Refunds </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ProceedsFromIncomeTaxRefunds" xml:lang="en-US"> Income taxes refunded </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CashAndCashEquivalentsPolicyTextBlock" xlink:label="us-gaap_CashAndCashEquivalentsPolicyTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashAndCashEquivalentsPolicyTextBlock" xlink:to="lab_CashAndCashEquivalentsPolicyTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CashAndCashEquivalentsPolicyTextBlock" xml:lang="en-US"> Cash and Cash Equivalents, Policy [Text Block] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_CashAndCashEquivalentsPolicyTextBlock" xml:lang="en-US"> Cash and Cash Equivalents Policy </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DerivativesPolicyTextBlock" xlink:label="us-gaap_DerivativesPolicyTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativesPolicyTextBlock" xlink:to="lab_DerivativesPolicyTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DerivativesPolicyTextBlock" xml:lang="en-US"> Derivatives, Policy [Text Block] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DerivativesPolicyTextBlock" xml:lang="en-US"> Derivatives and Hedging Activities Policy </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock" xlink:label="us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock" xlink:to="lab_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock" xml:lang="en-US"> Foreign Currency Transactions and Translations Policy [Text Block] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock" xml:lang="en-US"> Foreign Currency Translation Policy </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_IncomeTaxPolicyTextBlock" xlink:label="us-gaap_IncomeTaxPolicyTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxPolicyTextBlock" xlink:to="lab_IncomeTaxPolicyTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_IncomeTaxPolicyTextBlock" xml:lang="en-US"> Income Tax, Policy [Text Block] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_IncomeTaxPolicyTextBlock" xml:lang="en-US"> Income Taxes Policy </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_EarningsPerSharePolicyTextBlock" xlink:label="us-gaap_EarningsPerSharePolicyTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EarningsPerSharePolicyTextBlock" xlink:to="lab_EarningsPerSharePolicyTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_EarningsPerSharePolicyTextBlock" xml:lang="en-US"> Earnings Per Share, Policy [Text Block] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_EarningsPerSharePolicyTextBlock" xml:lang="en-US"> Earnings Per Common Share Policy </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_GoodwillAndIntangibleAssetsPolicyTextBlock" xlink:label="us-gaap_GoodwillAndIntangibleAssetsPolicyTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GoodwillAndIntangibleAssetsPolicyTextBlock" xlink:to="lab_GoodwillAndIntangibleAssetsPolicyTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_GoodwillAndIntangibleAssetsPolicyTextBlock" xml:lang="en-US"> Goodwill and Intangible Assets, Policy [Text Block] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_GoodwillAndIntangibleAssetsPolicyTextBlock" xml:lang="en-US"> Goodwill and Intangible Assets Policy </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_PropertyPlantAndEquipmentPolicyTextBlock" xlink:label="us-gaap_PropertyPlantAndEquipmentPolicyTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentPolicyTextBlock" xlink:to="lab_PropertyPlantAndEquipmentPolicyTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_PropertyPlantAndEquipmentPolicyTextBlock" xml:lang="en-US"> Property, Plant and Equipment, Policy [Text Block] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_PropertyPlantAndEquipmentPolicyTextBlock" xml:lang="en-US"> Premises and Equipment Policy </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CompensationRelatedCostsPolicyTextBlock" xlink:label="us-gaap_CompensationRelatedCostsPolicyTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CompensationRelatedCostsPolicyTextBlock" xlink:to="lab_CompensationRelatedCostsPolicyTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CompensationRelatedCostsPolicyTextBlock" xml:lang="en-US"> Compensation Related Costs, Policy [Text Block] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_CompensationRelatedCostsPolicyTextBlock" xml:lang="en-US"> Retirement Benefits Policy </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_InvestmentPolicyTextBlock" xlink:label="us-gaap_InvestmentPolicyTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentPolicyTextBlock" xlink:to="lab_InvestmentPolicyTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_InvestmentPolicyTextBlock" xml:lang="en-US"> Investment, Policy [Text Block] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_InvestmentPolicyTextBlock" xml:lang="en-US"> Securities Policy </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CollateralPolicyTextBlock" xlink:label="bac_CollateralPolicyTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CollateralPolicyTextBlock" xlink:to="bac_CollateralPolicyTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CollateralPolicyTextBlock_lbl" xml:lang="en-US"> Collateral Policy Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CollateralPolicyTextBlock_lbl" xml:lang="en-US"> Collateral policy. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CollateralPolicyTextBlock_lbl" xml:lang="en-US"> Collateral Policy </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TradingInstrumentsPolicyTextBlock" xlink:label="bac_TradingInstrumentsPolicyTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TradingInstrumentsPolicyTextBlock" xlink:to="bac_TradingInstrumentsPolicyTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TradingInstrumentsPolicyTextBlock_lbl" xml:lang="en-US"> Trading Instruments Policy Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TradingInstrumentsPolicyTextBlock_lbl" xml:lang="en-US"> Trading instruments policy. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_TradingInstrumentsPolicyTextBlock_lbl" xml:lang="en-US"> Trading Instruments Policy </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_InterestRateLockCommitmentsPolicyTextBlock" xlink:label="bac_InterestRateLockCommitmentsPolicyTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_InterestRateLockCommitmentsPolicyTextBlock" xlink:to="bac_InterestRateLockCommitmentsPolicyTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_InterestRateLockCommitmentsPolicyTextBlock_lbl" xml:lang="en-US"> Interest Rate Lock Commitments Policy Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_InterestRateLockCommitmentsPolicyTextBlock_lbl" xml:lang="en-US"> Interest rate lock commitments policy. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_InterestRateLockCommitmentsPolicyTextBlock_lbl" xml:lang="en-US"> Interest Rate Lock Commitments Policy </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValuePolicyTextBlock" xlink:label="bac_FairValuePolicyTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValuePolicyTextBlock" xlink:to="bac_FairValuePolicyTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValuePolicyTextBlock_lbl" xml:lang="en-US"> Fair Value Policy Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValuePolicyTextBlock_lbl" xml:lang="en-US"> Fair value policy. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FairValuePolicyTextBlock_lbl" xml:lang="en-US"> Fair Value Policy </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CreditCardOriginationCostsPolicyTextBlock" xlink:label="us-gaap_CreditCardOriginationCostsPolicyTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CreditCardOriginationCostsPolicyTextBlock" xlink:to="lab_CreditCardOriginationCostsPolicyTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CreditCardOriginationCostsPolicyTextBlock" xml:lang="en-US"> Credit Card Origination Costs, Policy [Text Block] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_CreditCardOriginationCostsPolicyTextBlock" xml:lang="en-US"> Credit Card and Deposit Arrangements Policy </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_InsuranceIncomeAndInsuranceExpensePolicyTextBlock" xlink:label="bac_InsuranceIncomeAndInsuranceExpensePolicyTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_InsuranceIncomeAndInsuranceExpensePolicyTextBlock" xlink:to="bac_InsuranceIncomeAndInsuranceExpensePolicyTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_InsuranceIncomeAndInsuranceExpensePolicyTextBlock_lbl" xml:lang="en-US"> Insurance Income and Insurance Expense Policy Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_InsuranceIncomeAndInsuranceExpensePolicyTextBlock_lbl" xml:lang="en-US"> Insurance income and insurance expense policy. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_InsuranceIncomeAndInsuranceExpensePolicyTextBlock_lbl" xml:lang="en-US"> Insurance Income and Insurance Expense Policy </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_SecuritiesHeldAsCollateralAtFairValue" xlink:label="us-gaap_SecuritiesHeldAsCollateralAtFairValue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SecuritiesHeldAsCollateralAtFairValue" xlink:to="lab_SecuritiesHeldAsCollateralAtFairValue"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_SecuritiesHeldAsCollateralAtFairValue" xml:lang="en-US"> Securities Held as Collateral, at Fair Value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_SecuritiesHeldAsCollateralAtFairValue" xml:lang="en-US"> Fair value of collateral </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_SecuritiesReceivedAsCollateralAmountRepledgedAndSold" xlink:label="us-gaap_SecuritiesReceivedAsCollateralAmountRepledgedAndSold"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SecuritiesReceivedAsCollateralAmountRepledgedAndSold" xlink:to="lab_SecuritiesReceivedAsCollateralAmountRepledgedAndSold"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_SecuritiesReceivedAsCollateralAmountRepledgedAndSold" xml:lang="en-US"> Securities Received as Collateral, Amount Repledged and Sold </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_SecuritiesReceivedAsCollateralAmountRepledgedAndSold" xml:lang="en-US"> Collateral, sold or repledged </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_MaximumLengthOfTimeHedgedInCashFlowHedge" xlink:label="us-gaap_MaximumLengthOfTimeHedgedInCashFlowHedge"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_MaximumLengthOfTimeHedgedInCashFlowHedge" xlink:to="lab_MaximumLengthOfTimeHedgedInCashFlowHedge"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_MaximumLengthOfTimeHedgedInCashFlowHedge" xml:lang="en-US"> Maximum Length of Time Hedged in Cash Flow Hedge </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_MaximumLengthOfTimeHedgedInCashFlowHedge" xml:lang="en-US"> Maximum length of time over which forecasted transactions hedged, years </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_PropertyPlantAndEquipmentEstimatedUsefulLives" xlink:label="us-gaap_PropertyPlantAndEquipmentEstimatedUsefulLives"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentEstimatedUsefulLives" xlink:to="lab_PropertyPlantAndEquipmentEstimatedUsefulLives"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_PropertyPlantAndEquipmentEstimatedUsefulLives" xml:lang="en-US"> Property, Plant and Equipment, Estimated Useful Lives </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_PropertyPlantAndEquipmentEstimatedUsefulLives" xml:lang="en-US"> Estimated lives, Premises and Equipment </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_PropertyPlantAndEquipmentByTypeAxis" xlink:label="us-gaap_PropertyPlantAndEquipmentByTypeAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentByTypeAxis" xlink:to="lab_PropertyPlantAndEquipmentByTypeAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_PropertyPlantAndEquipmentByTypeAxis" xml:lang="en-US"> Property, Plant and Equipment by Type [Axis] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_PropertyPlantAndEquipmentTypeDomain" xlink:label="us-gaap_PropertyPlantAndEquipmentTypeDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentTypeDomain" xlink:to="lab_PropertyPlantAndEquipmentTypeDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_PropertyPlantAndEquipmentTypeDomain" xml:lang="en-US"> Property, Plant and Equipment, Type [Domain] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_BuildingMember" xlink:label="us-gaap_BuildingMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_BuildingMember" xlink:to="lab_BuildingMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_BuildingMember" xml:lang="en-US"> Building [Member] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_OfficeEquipmentMember" xlink:label="us-gaap_OfficeEquipmentMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OfficeEquipmentMember" xlink:to="lab_OfficeEquipmentMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_OfficeEquipmentMember" xml:lang="en-US"> Office Equipment [Member] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DerivativesAdditionalTextualsAbstract" xlink:label="bac_DerivativesAdditionalTextualsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DerivativesAdditionalTextualsAbstract" xlink:to="bac_DerivativesAdditionalTextualsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DerivativesAdditionalTextualsAbstract_lbl" xml:lang="en-US"> Derivatives (Additional) (Textuals) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DerivativesAdditionalTextualsAbstract_lbl" xml:lang="en-US"> Derivatives Additional Textuals. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AvailableForSaleMarketableEquitySecuritiesMember" xlink:label="bac_AvailableForSaleMarketableEquitySecuritiesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AvailableForSaleMarketableEquitySecuritiesMember" xlink:to="bac_AvailableForSaleMarketableEquitySecuritiesMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AvailableForSaleMarketableEquitySecuritiesMember_lbl" xml:lang="en-US"> Available-for-sale marketable equity securities [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AvailableForSaleMarketableEquitySecuritiesMember_lbl" xml:lang="en-US"> Available-for-sale marketable equity securities. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ReducingOwnershipOfPreferredShares" xlink:label="bac_ReducingOwnershipOfPreferredShares"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ReducingOwnershipOfPreferredShares" xlink:to="bac_ReducingOwnershipOfPreferredShares_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ReducingOwnershipOfPreferredShares_lbl" xml:lang="en-US"> Reducing ownership of preferred shares </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ReducingOwnershipOfPreferredShares_lbl" xml:lang="en-US"> Reducing ownership of preferred shares. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_IncreasedOwnershipInterestInJointVenture" xlink:label="bac_IncreasedOwnershipInterestInJointVenture"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_IncreasedOwnershipInterestInJointVenture" xlink:to="bac_IncreasedOwnershipInterestInJointVenture_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_IncreasedOwnershipInterestInJointVenture_lbl" xml:lang="en-US"> Increased Ownership Interest In Joint Venture </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_IncreasedOwnershipInterestInJointVenture_lbl" xml:lang="en-US"> Increased ownership interest in joint venture </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_IncreasedOwnershipInterestInJointVenture_lbl" xml:lang="en-US"> Increased ownership interest in joint venture. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_GoodwillTextualsAbstract" xlink:label="bac_GoodwillTextualsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_GoodwillTextualsAbstract" xlink:to="bac_GoodwillTextualsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_GoodwillTextualsAbstract_lbl" xml:lang="en-US"> Goodwill Textuals Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_GoodwillTextualsAbstract_lbl" xml:lang="en-US"> Goodwill. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_GoodwillTextualsAbstract_lbl" xml:lang="en-US"> Goodwill (Textuals) [Abstract] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FinancialReformActRevenueImpact" xlink:label="bac_FinancialReformActRevenueImpact"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FinancialReformActRevenueImpact" xlink:to="bac_FinancialReformActRevenueImpact_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FinancialReformActRevenueImpact_lbl" xml:lang="en-US"> Financial Reform Act Revenue Impact </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FinancialReformActRevenueImpact_lbl" xml:lang="en-US"> Revenue Impact </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FinancialReformActRevenueImpact_lbl" xml:lang="en-US"> Financial Reform Act Revenue Impact. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_InterchangeFeeStandardsBasedOnIssuerCostsSafeHarbourPerTransaction" xlink:label="bac_InterchangeFeeStandardsBasedOnIssuerCostsSafeHarbourPerTransaction"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_InterchangeFeeStandardsBasedOnIssuerCostsSafeHarbourPerTransaction" xlink:to="bac_InterchangeFeeStandardsBasedOnIssuerCostsSafeHarbourPerTransaction_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_InterchangeFeeStandardsBasedOnIssuerCostsSafeHarbourPerTransaction_lbl" xml:lang="en-US"> Interchange fee standards based on issuer costs safe harbour per transaction </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_InterchangeFeeStandardsBasedOnIssuerCostsSafeHarbourPerTransaction_lbl" xml:lang="en-US"> Interchange fee standards based on issuer costs, safe harbour, per transaction. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_InterchangeFeeStandardsBasedOnIssuerCostsSafeHarbourPerTransaction_lbl" xml:lang="en-US"> Interchange fee standards based on issuer costs, safe harbour, per transaction </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_InterchangeFeeStandardsBasedOnIssuerCostsCapPerTransaction" xlink:label="bac_InterchangeFeeStandardsBasedOnIssuerCostsCapPerTransaction"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_InterchangeFeeStandardsBasedOnIssuerCostsCapPerTransaction" xlink:to="bac_InterchangeFeeStandardsBasedOnIssuerCostsCapPerTransaction_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_InterchangeFeeStandardsBasedOnIssuerCostsCapPerTransaction_lbl" xml:lang="en-US"> Interchange fee standards based on issuer costs cap per transaction </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_InterchangeFeeStandardsBasedOnIssuerCostsCapPerTransaction_lbl" xml:lang="en-US"> Interchange fee standards based on issuer costs, cap, per transaction. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_InterchangeFeeStandardsBasedOnIssuerCostsCapPerTransaction_lbl" xml:lang="en-US"> Interchange fee standards based on issuer costs, cap, per transaction </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_InterchangeFeeStandardsBasedOnIssuerCostsStandAloneCapPerTransaction" xlink:label="bac_InterchangeFeeStandardsBasedOnIssuerCostsStandAloneCapPerTransaction"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_InterchangeFeeStandardsBasedOnIssuerCostsStandAloneCapPerTransaction" xlink:to="bac_InterchangeFeeStandardsBasedOnIssuerCostsStandAloneCapPerTransaction_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_InterchangeFeeStandardsBasedOnIssuerCostsStandAloneCapPerTransaction_lbl" xml:lang="en-US"> Interchange fee standards based on issuer costs stand alone cap per transaction </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_InterchangeFeeStandardsBasedOnIssuerCostsStandAloneCapPerTransaction_lbl" xml:lang="en-US"> Interchange fee standards based on issuer costs, stand alone cap, per transaction. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_InterchangeFeeStandardsBasedOnIssuerCostsStandAloneCapPerTransaction_lbl" xml:lang="en-US"> Interchange fee standards based on issuer costs, stand alone cap, per transaction </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AmountOfCarryingValueOfGoodwillExceedingImpliedFairValue" xlink:label="bac_AmountOfCarryingValueOfGoodwillExceedingImpliedFairValue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AmountOfCarryingValueOfGoodwillExceedingImpliedFairValue" xlink:to="bac_AmountOfCarryingValueOfGoodwillExceedingImpliedFairValue_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AmountOfCarryingValueOfGoodwillExceedingImpliedFairValue_lbl" xml:lang="en-US"> Amount of carrying value of goodwill exceeding the implied fair value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AmountOfCarryingValueOfGoodwillExceedingImpliedFairValue_lbl" xml:lang="en-US"> Amount of carrying value of goodwill exceeding the implied fair value. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AmountOfCarryingValueOfGoodwillExceedingImpliedFairValue_lbl" xml:lang="en-US"> Amount of carrying value of goodwill exceeding the implied fair value </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FederalFundsSoldSecuritiesBorrowedOrPurchasedUnderAgreementsToResellAndShortTermBorrowingsTablesAbstract" xlink:label="bac_FederalFundsSoldSecuritiesBorrowedOrPurchasedUnderAgreementsToResellAndShortTermBorrowingsTablesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FederalFundsSoldSecuritiesBorrowedOrPurchasedUnderAgreementsToResellAndShortTermBorrowingsTablesAbstract" xlink:to="bac_FederalFundsSoldSecuritiesBorrowedOrPurchasedUnderAgreementsToResellAndShortTermBorrowingsTablesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FederalFundsSoldSecuritiesBorrowedOrPurchasedUnderAgreementsToResellAndShortTermBorrowingsTablesAbstract_lbl" xml:lang="en-US"> Federal Funds Sold, Securities Borrowed or Purchased Under Agreements to Resell and Short-term Borrowings (Tables) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FederalFundsSoldSecuritiesBorrowedOrPurchasedUnderAgreementsToResellAndShortTermBorrowingsTablesAbstract_lbl" xml:lang="en-US"> Federal Funds Sold, Securities Borrowed or Purchased Under Agreements to Resell and Short-term Borrowings. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FederalFundsSoldSecuritiesBorrowedOrPurchasedUnderAgreementsToResellAndShortTermBorrowingsTextBlock" xlink:label="bac_FederalFundsSoldSecuritiesBorrowedOrPurchasedUnderAgreementsToResellAndShortTermBorrowingsTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FederalFundsSoldSecuritiesBorrowedOrPurchasedUnderAgreementsToResellAndShortTermBorrowingsTextBlock" xlink:to="bac_FederalFundsSoldSecuritiesBorrowedOrPurchasedUnderAgreementsToResellAndShortTermBorrowingsTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FederalFundsSoldSecuritiesBorrowedOrPurchasedUnderAgreementsToResellAndShortTermBorrowingsTextBlock_lbl" xml:lang="en-US"> Federal Funds Sold Securities Borrowed or Purchased Under Agreements to Resell and Short term Borrowings Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FederalFundsSoldSecuritiesBorrowedOrPurchasedUnderAgreementsToResellAndShortTermBorrowingsTextBlock_lbl" xml:lang="en-US"> Federal Funds Sold, Securities Borrowed or Purchased Under Agreements to Resell and Short-term Borrowings. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FederalFundsSoldSecuritiesBorrowedOrPurchasedUnderAgreementsToResellAndShortTermBorrowingsTextBlock_lbl" xml:lang="en-US"> Federal Funds Sold, Securities Borrowed or Purchased Under Agreements to Resell and Short-term Borrowings </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FederalFundsSoldSecuritiesBorrowedOrPurchasedUnderAgreementsToResellAndShortTermBorrowingsDetailsAbstract" xlink:label="bac_FederalFundsSoldSecuritiesBorrowedOrPurchasedUnderAgreementsToResellAndShortTermBorrowingsDetailsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FederalFundsSoldSecuritiesBorrowedOrPurchasedUnderAgreementsToResellAndShortTermBorrowingsDetailsAbstract" xlink:to="bac_FederalFundsSoldSecuritiesBorrowedOrPurchasedUnderAgreementsToResellAndShortTermBorrowingsDetailsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FederalFundsSoldSecuritiesBorrowedOrPurchasedUnderAgreementsToResellAndShortTermBorrowingsDetailsAbstract_lbl" xml:lang="en-US"> Federal Funds Sold, Securities Borrowed or Purchased Under Agreements to Resell and Short-term Borrowings (Details) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FederalFundsSoldSecuritiesBorrowedOrPurchasedUnderAgreementsToResellAndShortTermBorrowingsDetailsAbstract_lbl" xml:lang="en-US"> Federal Funds Sold, Securities Borrowed or Purchased Under Agreements to Resell and Short-term Borrowings. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FederalFundsSoldSecuritiesBorrowedOrPurchasedUnderAgreementsToResellAndShortTermBorrowingsTextualsAbstract" xlink:label="bac_FederalFundsSoldSecuritiesBorrowedOrPurchasedUnderAgreementsToResellAndShortTermBorrowingsTextualsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FederalFundsSoldSecuritiesBorrowedOrPurchasedUnderAgreementsToResellAndShortTermBorrowingsTextualsAbstract" xlink:to="bac_FederalFundsSoldSecuritiesBorrowedOrPurchasedUnderAgreementsToResellAndShortTermBorrowingsTextualsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FederalFundsSoldSecuritiesBorrowedOrPurchasedUnderAgreementsToResellAndShortTermBorrowingsTextualsAbstract_lbl" xml:lang="en-US"> Federal Funds Sold Securities Borrowed or Purchased Under Agreements to Resell and Short term Borrowings Textuals Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FederalFundsSoldSecuritiesBorrowedOrPurchasedUnderAgreementsToResellAndShortTermBorrowingsTextualsAbstract_lbl" xml:lang="en-US"> Federal Funds Sold, Securities Borrowed or Purchased Under Agreements to Resell and Short-term Borrowings. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FederalFundsSoldSecuritiesBorrowedOrPurchasedUnderAgreementsToResellAndShortTermBorrowingsTextualsAbstract_lbl" xml:lang="en-US"> Federal Funds Sold, Securities Borrowed or Purchased Under Agreements to Resell and Short-term Borrowings (Textuals) [Abstract] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_HeldToMaturityDebtSecurityOffsetDueToIncreaseAssociatedWithReclassificationToOtherAssets" xlink:label="bac_HeldToMaturityDebtSecurityOffsetDueToIncreaseAssociatedWithReclassificationToOtherAssets"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_HeldToMaturityDebtSecurityOffsetDueToIncreaseAssociatedWithReclassificationToOtherAssets" xlink:to="bac_HeldToMaturityDebtSecurityOffsetDueToIncreaseAssociatedWithReclassificationToOtherAssets_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_HeldToMaturityDebtSecurityOffsetDueToIncreaseAssociatedWithReclassificationToOtherAssets_lbl" xml:lang="en-US"> Held To Maturity Debt Security offset due to increase associated with reclassification to other assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_HeldToMaturityDebtSecurityOffsetDueToIncreaseAssociatedWithReclassificationToOtherAssets_lbl" xml:lang="en-US"> HTM debt security offset due to increase associated with reclassification to other assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_HeldToMaturityDebtSecurityOffsetDueToIncreaseAssociatedWithReclassificationToOtherAssets_lbl" xml:lang="en-US"> Held To Maturity Debt Security offset due to increase associated with reclassification to other assets. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AmountOfRemainingAccretionOfIssuanceDiscountOnTarpPreferredStockAccelerated" xlink:label="bac_AmountOfRemainingAccretionOfIssuanceDiscountOnTarpPreferredStockAccelerated"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AmountOfRemainingAccretionOfIssuanceDiscountOnTarpPreferredStockAccelerated" xlink:to="bac_AmountOfRemainingAccretionOfIssuanceDiscountOnTarpPreferredStockAccelerated_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AmountOfRemainingAccretionOfIssuanceDiscountOnTarpPreferredStockAccelerated_lbl" xml:lang="en-US"> Amount of remaining accretion of issuance discount on Tarp Preferred Stock accelerated </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AmountOfRemainingAccretionOfIssuanceDiscountOnTarpPreferredStockAccelerated_lbl" xml:lang="en-US"> Amount of remaining accretion of issuance discount on TARP Preferred Stock accelerated. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AmountOfRemainingAccretionOfIssuanceDiscountOnTarpPreferredStockAccelerated_lbl" xml:lang="en-US"> Amount of remaining accretion of issuance discount on TARP Preferred Stock accelerated </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PercentageOfTier1CapitalRatio" xlink:label="bac_PercentageOfTier1CapitalRatio"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PercentageOfTier1CapitalRatio" xlink:to="bac_PercentageOfTier1CapitalRatio_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PercentageOfTier1CapitalRatio_lbl" xml:lang="en-US"> Percentage of Tier 1 capital ratio </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PercentageOfTier1CapitalRatio_lbl" xml:lang="en-US"> Percentage of Tier 1 capital ratio. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PercentageOfTier1CapitalRatio_lbl" xml:lang="en-US"> Percentage of Tier 1 capital ratio </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PercentageOfTotalCapitalRatio" xlink:label="bac_PercentageOfTotalCapitalRatio"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PercentageOfTotalCapitalRatio" xlink:to="bac_PercentageOfTotalCapitalRatio_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PercentageOfTotalCapitalRatio_lbl" xml:lang="en-US"> Percentage of Total capital ratio </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PercentageOfTotalCapitalRatio_lbl" xml:lang="en-US"> Percentage of Total capital ratio. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PercentageOfTotalCapitalRatio_lbl" xml:lang="en-US"> Percentage of Total capital ratio </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PercentageOfTier1LeverageRatio" xlink:label="bac_PercentageOfTier1LeverageRatio"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PercentageOfTier1LeverageRatio" xlink:to="bac_PercentageOfTier1LeverageRatio_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PercentageOfTier1LeverageRatio_lbl" xml:lang="en-US"> Percentage of Tier 1 leverage ratio </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PercentageOfTier1LeverageRatio_lbl" xml:lang="en-US"> Percentage of Tier 1 leverage ratio. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PercentageOfTier1LeverageRatio_lbl" xml:lang="en-US"> Percentage of Tier 1 leverage ratio </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DeferredTaxAssetsTaxCreditCarryforwards" xlink:label="us-gaap_DeferredTaxAssetsTaxCreditCarryforwards"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxAssetsTaxCreditCarryforwards" xlink:to="lab_DeferredTaxAssetsTaxCreditCarryforwards"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DeferredTaxAssetsTaxCreditCarryforwards" xml:lang="en-US"> Deferred Tax Assets, Tax Credit Carryforwards </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_DeferredTaxAssetsTaxCreditCarryforwards" xml:lang="en-US"> Deferred Tax Assets, Tax Credit Carryforwards, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DeferredTaxAssetsTaxCreditCarryforwards" xml:lang="en-US"> Credit carry forwards </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_IncreaseInRetainedEarningsOnAdoptionOfNewAccountingGuidanceOnConsolidationOfVariableInterestEntities" xlink:label="bac_IncreaseInRetainedEarningsOnAdoptionOfNewAccountingGuidanceOnConsolidationOfVariableInterestEntities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_IncreaseInRetainedEarningsOnAdoptionOfNewAccountingGuidanceOnConsolidationOfVariableInterestEntities" xlink:to="bac_IncreaseInRetainedEarningsOnAdoptionOfNewAccountingGuidanceOnConsolidationOfVariableInterestEntities_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_IncreaseInRetainedEarningsOnAdoptionOfNewAccountingGuidanceOnConsolidationOfVariableInterestEntities_lbl" xml:lang="en-US"> Increase in retained earnings on adoption of new accounting guidance on consolidation of Variable interest Entities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_IncreaseInRetainedEarningsOnAdoptionOfNewAccountingGuidanceOnConsolidationOfVariableInterestEntities_lbl" xml:lang="en-US"> Increase in retained earnings on adoption of new accounting guidance on consolidation of VIEs. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_IncreaseInRetainedEarningsOnAdoptionOfNewAccountingGuidanceOnConsolidationOfVariableInterestEntities_lbl" xml:lang="en-US"> Increase in retained earnings on adoption of new accounting guidance on consolidation of VIEs </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_IncreaseInRetainedEarningsOnAdoptionOfNewAccountingGuidanceOnEmbeddedCreditDerivativesAndRelatedFairValueOption" xlink:label="bac_IncreaseInRetainedEarningsOnAdoptionOfNewAccountingGuidanceOnEmbeddedCreditDerivativesAndRelatedFairValueOption"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_IncreaseInRetainedEarningsOnAdoptionOfNewAccountingGuidanceOnEmbeddedCreditDerivativesAndRelatedFairValueOption" xlink:to="bac_IncreaseInRetainedEarningsOnAdoptionOfNewAccountingGuidanceOnEmbeddedCreditDerivativesAndRelatedFairValueOption_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_IncreaseInRetainedEarningsOnAdoptionOfNewAccountingGuidanceOnEmbeddedCreditDerivativesAndRelatedFairValueOption_lbl" xml:lang="en-US"> Increase in retained earnings on adoption of new accounting guidance on embedded credit derivatives and related fair value option </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_IncreaseInRetainedEarningsOnAdoptionOfNewAccountingGuidanceOnEmbeddedCreditDerivativesAndRelatedFairValueOption_lbl" xml:lang="en-US"> Increase in retained earnings on adoption of new accounting guidance on embedded credit derivatives and related fair value option. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_IncreaseInRetainedEarningsOnAdoptionOfNewAccountingGuidanceOnEmbeddedCreditDerivativesAndRelatedFairValueOption_lbl" xml:lang="en-US"> Increase in retained earnings on adoption of new accounting guidance on embedded credit derivatives and related fair value option </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TotalDebtSecuritiesAmortizedCost" xlink:label="bac_TotalDebtSecuritiesAmortizedCost"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TotalDebtSecuritiesAmortizedCost" xlink:to="bac_TotalDebtSecuritiesAmortizedCost_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TotalDebtSecuritiesAmortizedCost_lbl" xml:lang="en-US"> Total Debt Securities Amortized Cost </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_TotalDebtSecuritiesAmortizedCost_lbl" xml:lang="en-US"> Total debt securities, Amortized Cost </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_TotalDebtSecuritiesAmortizedCost_lbl" xml:lang="en-US"> Amortized Cost - total debt securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TotalDebtSecuritiesAmortizedCost_lbl" xml:lang="en-US"> Total Debt Securities Amortized Cost. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MaximumLengthOfTimeSubstantialHedgedTransactionsInCashFlowHedge" xlink:label="bac_MaximumLengthOfTimeSubstantialHedgedTransactionsInCashFlowHedge"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MaximumLengthOfTimeSubstantialHedgedTransactionsInCashFlowHedge" xlink:to="bac_MaximumLengthOfTimeSubstantialHedgedTransactionsInCashFlowHedge_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MaximumLengthOfTimeSubstantialHedgedTransactionsInCashFlowHedge_lbl" xml:lang="en-US"> Maximum Length Of Time Substantial Hedged Transactions In Cash Flow Hedge </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_MaximumLengthOfTimeSubstantialHedgedTransactionsInCashFlowHedge_lbl" xml:lang="en-US"> Length of time over which Substantial transactions hedged, years </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MaximumLengthOfTimeSubstantialHedgedTransactionsInCashFlowHedge_lbl" xml:lang="en-US"> Maximum Length Of Time Substantial Hedged Transactions In Cash Flow Hedge. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_EstimatedMaximumLengthOfTimeForecastedHedgedTransactionsInCashFlowHedgeForOpenOrFuture" xlink:label="bac_EstimatedMaximumLengthOfTimeForecastedHedgedTransactionsInCashFlowHedgeForOpenOrFuture"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_EstimatedMaximumLengthOfTimeForecastedHedgedTransactionsInCashFlowHedgeForOpenOrFuture" xlink:to="bac_EstimatedMaximumLengthOfTimeForecastedHedgedTransactionsInCashFlowHedgeForOpenOrFuture_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_EstimatedMaximumLengthOfTimeForecastedHedgedTransactionsInCashFlowHedgeForOpenOrFuture_lbl" xml:lang="en-US"> Estimated Maximum Length Of Time Forecasted Hedged Transactions In Cash Flow Hedge For Open Or Future </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_EstimatedMaximumLengthOfTimeForecastedHedgedTransactionsInCashFlowHedgeForOpenOrFuture_lbl" xml:lang="en-US"> Maximum length of time over which forecasted transactions are or will be hedged For open or future cash flow hedges </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_EstimatedMaximumLengthOfTimeForecastedHedgedTransactionsInCashFlowHedgeForOpenOrFuture_lbl" xml:lang="en-US"> Estimated Maximum Length Of Time Forecasted Hedged Transactions In Cash Flow Hedge For Open Or Future. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_EstimatedPercentageOFLossSeverityOnHomeEquityLoans" xlink:label="bac_EstimatedPercentageOFLossSeverityOnHomeEquityLoans"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_EstimatedPercentageOFLossSeverityOnHomeEquityLoans" xlink:to="bac_EstimatedPercentageOFLossSeverityOnHomeEquityLoans_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_EstimatedPercentageOFLossSeverityOnHomeEquityLoans_lbl" xml:lang="en-US"> Estimated Percentage OF Loss Severity On Home Equity Loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_EstimatedPercentageOFLossSeverityOnHomeEquityLoans_lbl" xml:lang="en-US"> Loss severity on home equity loans, estimated in percentage </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_EstimatedPercentageOFLossSeverityOnHomeEquityLoans_lbl" xml:lang="en-US"> Estimated Percentage OF Loss Severity On Home Equity Loans. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TimePeriodOverWhichNonBankruptCreditCardLoansAndUnsecuredConsumerLoansChargedOff" xlink:label="bac_TimePeriodOverWhichNonBankruptCreditCardLoansAndUnsecuredConsumerLoansChargedOff"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TimePeriodOverWhichNonBankruptCreditCardLoansAndUnsecuredConsumerLoansChargedOff" xlink:to="bac_TimePeriodOverWhichNonBankruptCreditCardLoansAndUnsecuredConsumerLoansChargedOff_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TimePeriodOverWhichNonBankruptCreditCardLoansAndUnsecuredConsumerLoansChargedOff_lbl" xml:lang="en-US"> Time Period Over Which Non Bankrupt Credit Card Loans And Unsecured Consumer Loans Charged Off </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_TimePeriodOverWhichNonBankruptCreditCardLoansAndUnsecuredConsumerLoansChargedOff_lbl" xml:lang="en-US"> Non bankrupt credit card loans and unsecured consumer loans charged off period </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TimePeriodOverWhichNonBankruptCreditCardLoansAndUnsecuredConsumerLoansChargedOff_lbl" xml:lang="en-US"> Time Period Over Which Non Bankrupt Credit Card Loans And Unsecured Consumer Loans Charged Off. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TimePeriodOverWhichCommercialLoansAndLeasesExcludingBusinessCardLoansPlacedOnNonAccrualStatusAndClassifiedAsNonPerforming" xlink:label="bac_TimePeriodOverWhichCommercialLoansAndLeasesExcludingBusinessCardLoansPlacedOnNonAccrualStatusAndClassifiedAsNonPerforming"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TimePeriodOverWhichCommercialLoansAndLeasesExcludingBusinessCardLoansPlacedOnNonAccrualStatusAndClassifiedAsNonPerforming" xlink:to="bac_TimePeriodOverWhichCommercialLoansAndLeasesExcludingBusinessCardLoansPlacedOnNonAccrualStatusAndClassifiedAsNonPerforming_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TimePeriodOverWhichCommercialLoansAndLeasesExcludingBusinessCardLoansPlacedOnNonAccrualStatusAndClassifiedAsNonPerforming_lbl" xml:lang="en-US"> Time Period Over Which Commercial Loans And Leases Excluding Business Card Loans Placed On Non accrual Status And Classified As Non performing </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_TimePeriodOverWhichCommercialLoansAndLeasesExcludingBusinessCardLoansPlacedOnNonAccrualStatusAndClassifiedAsNonPerforming_lbl" xml:lang="en-US"> Commercial loans and leases, excluding business card loans placed on nonaccrual status and classified as nonperforming unless well-secured and in the process of collection </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TimePeriodOverWhichCommercialLoansAndLeasesExcludingBusinessCardLoansPlacedOnNonAccrualStatusAndClassifiedAsNonPerforming_lbl" xml:lang="en-US"> Time Period Over Which Commercial Loans And Leases Excluding Business Card Loans Placed On Non accrual Status And Classified As Non performing. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TimePeriodOverWhichBusinessCardLoansAreChargedOff" xlink:label="bac_TimePeriodOverWhichBusinessCardLoansAreChargedOff"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TimePeriodOverWhichBusinessCardLoansAreChargedOff" xlink:to="bac_TimePeriodOverWhichBusinessCardLoansAreChargedOff_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TimePeriodOverWhichBusinessCardLoansAreChargedOff_lbl" xml:lang="en-US"> Time Period Over Which Business Card Loans Are Charged Off </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_TimePeriodOverWhichBusinessCardLoansAreChargedOff_lbl" xml:lang="en-US"> Business card loans are charged off period </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TimePeriodOverWhichBusinessCardLoansAreChargedOff_lbl" xml:lang="en-US"> Time Period Over Which Business Card Loans Are Charged Off. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FurnitureAndEquipmentMember" xlink:label="bac_FurnitureAndEquipmentMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FurnitureAndEquipmentMember" xlink:to="bac_FurnitureAndEquipmentMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FurnitureAndEquipmentMember_lbl" xml:lang="en-US"> Furniture and Equipment [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FurnitureAndEquipmentMember_lbl" xml:lang="en-US"> Furniture and Equipment. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ReceivablesPolicyTextBlock" xlink:label="us-gaap_ReceivablesPolicyTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ReceivablesPolicyTextBlock" xlink:to="lab_ReceivablesPolicyTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ReceivablesPolicyTextBlock" xml:lang="en-US"> Receivables, Policy [Text Block] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ReceivablesPolicyTextBlock" xml:lang="en-US"> Receivables </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_TransfersAndServicingOfFinancialAssetsPolicyTextBlock" xlink:label="us-gaap_TransfersAndServicingOfFinancialAssetsPolicyTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TransfersAndServicingOfFinancialAssetsPolicyTextBlock" xlink:to="lab_TransfersAndServicingOfFinancialAssetsPolicyTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_TransfersAndServicingOfFinancialAssetsPolicyTextBlock" xml:lang="en-US"> Transfers and Servicing of Financial Assets, Policy [Text Block] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_TransfersAndServicingOfFinancialAssetsPolicyTextBlock" xml:lang="en-US"> Mortgage Servicing Rights Policy </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_StockholdersEquityPolicyTextBlock" xlink:label="us-gaap_StockholdersEquityPolicyTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquityPolicyTextBlock" xlink:to="lab_StockholdersEquityPolicyTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_StockholdersEquityPolicyTextBlock" xml:lang="en-US"> Stockholders' Equity, Policy [Text Block] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_StockholdersEquityPolicyTextBlock" xml:lang="en-US"> Accumulated Other Comprehensive Income Policy </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NumberOfPreferredStockAndCommonStockSold" xlink:label="bac_NumberOfPreferredStockAndCommonStockSold"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NumberOfPreferredStockAndCommonStockSold" xlink:to="bac_NumberOfPreferredStockAndCommonStockSold_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NumberOfPreferredStockAndCommonStockSold_lbl" xml:lang="en-US"> Number of preferred stock and common stock sold </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NumberOfPreferredStockAndCommonStockSold_lbl" xml:lang="en-US"> Number of preferred stock and common stock sold. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NumberOfPreferredStockAndCommonStockSold_lbl" xml:lang="en-US"> Number of preferred stock and common stock sold </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_EquityMethodInvestmentNetSalesProceeds" xlink:label="us-gaap_EquityMethodInvestmentNetSalesProceeds"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EquityMethodInvestmentNetSalesProceeds" xlink:to="lab_EquityMethodInvestmentNetSalesProceeds"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_EquityMethodInvestmentNetSalesProceeds" xml:lang="en-US"> Equity Method Investment, Net Sales Proceeds </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_EquityMethodInvestmentNetSalesProceeds" xml:lang="en-US"> Proceed from sale of stock, net </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PreTaxGainRecordedInEquityInvestmentIncome" xlink:label="bac_PreTaxGainRecordedInEquityInvestmentIncome"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PreTaxGainRecordedInEquityInvestmentIncome" xlink:to="bac_PreTaxGainRecordedInEquityInvestmentIncome_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PreTaxGainRecordedInEquityInvestmentIncome_lbl" xml:lang="en-US"> Pre tax gain recorded in equity investment income </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PreTaxGainRecordedInEquityInvestmentIncome_lbl" xml:lang="en-US"> Pre tax gain recorded in equity investment income. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PreTaxGainRecordedInEquityInvestmentIncome_lbl" xml:lang="en-US"> Pre tax gain recorded in equity investment income </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_LeaseholdImprovementsMember" xlink:label="us-gaap_LeaseholdImprovementsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LeaseholdImprovementsMember" xlink:to="lab_LeaseholdImprovementsMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_LeaseholdImprovementsMember" xml:lang="en-US"> Leasehold Improvements [Member] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MaximumExtimatedGoodwillImpairmentChargeDueToLowestFeeStructure" xlink:label="bac_MaximumExtimatedGoodwillImpairmentChargeDueToLowestFeeStructure"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MaximumExtimatedGoodwillImpairmentChargeDueToLowestFeeStructure" xlink:to="bac_MaximumExtimatedGoodwillImpairmentChargeDueToLowestFeeStructure_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MaximumExtimatedGoodwillImpairmentChargeDueToLowestFeeStructure_lbl" xml:lang="en-US"> Maximum extimated goodwill impairment charge due to lowest fee structure </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MaximumExtimatedGoodwillImpairmentChargeDueToLowestFeeStructure_lbl" xml:lang="en-US"> Maximum extimated goodwill impairment charge due to lowest fee structure. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_MaximumExtimatedGoodwillImpairmentChargeDueToLowestFeeStructure_lbl" xml:lang="en-US"> Maximum extimated goodwill impairment charge due to lowest fee structure </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NonCashNonTaxDeductibleGoodwillImpairmentCharge" xlink:label="bac_NonCashNonTaxDeductibleGoodwillImpairmentCharge"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NonCashNonTaxDeductibleGoodwillImpairmentCharge" xlink:to="bac_NonCashNonTaxDeductibleGoodwillImpairmentCharge_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NonCashNonTaxDeductibleGoodwillImpairmentCharge_lbl" xml:lang="en-US"> Non cash non tax deductible goodwill impairment charge </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NonCashNonTaxDeductibleGoodwillImpairmentCharge_lbl" xml:lang="en-US"> Non cash non tax deductible goodwill impairment charge. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NonCashNonTaxDeductibleGoodwillImpairmentCharge_lbl" xml:lang="en-US"> Non cash non tax deductible goodwill impairment charge </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TimePeriodOverWhichRealEstateSecuredLoansPlacedOnNonAccrualStatusAndClassifiedAsNonPerformingPeriod" xlink:label="bac_TimePeriodOverWhichRealEstateSecuredLoansPlacedOnNonAccrualStatusAndClassifiedAsNonPerformingPeriod"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TimePeriodOverWhichRealEstateSecuredLoansPlacedOnNonAccrualStatusAndClassifiedAsNonPerformingPeriod" xlink:to="bac_TimePeriodOverWhichRealEstateSecuredLoansPlacedOnNonAccrualStatusAndClassifiedAsNonPerformingPeriod_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TimePeriodOverWhichRealEstateSecuredLoansPlacedOnNonAccrualStatusAndClassifiedAsNonPerformingPeriod_lbl" xml:lang="en-US"> Time Period Over Which Real Estate Secured Loans Placed On Non accrual Status And Classified As Non performing Period </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_TimePeriodOverWhichRealEstateSecuredLoansPlacedOnNonAccrualStatusAndClassifiedAsNonPerformingPeriod_lbl" xml:lang="en-US"> Real estate secured loans are generally placed on nonaccrual status and classified as nonperforming period </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TimePeriodOverWhichRealEstateSecuredLoansPlacedOnNonAccrualStatusAndClassifiedAsNonPerformingPeriod_lbl" xml:lang="en-US"> Time Period Over Which Real Estate Secured Loans Placed On Non accrual Status And Classified As Non performing Period. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TimePeriodOverWhichSecuredProductsAccountsInBankruptcyWrittenDownToCollateralValueLessCostToSellChargeOff" xlink:label="bac_TimePeriodOverWhichSecuredProductsAccountsInBankruptcyWrittenDownToCollateralValueLessCostToSellChargeOff"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TimePeriodOverWhichSecuredProductsAccountsInBankruptcyWrittenDownToCollateralValueLessCostToSellChargeOff" xlink:to="bac_TimePeriodOverWhichSecuredProductsAccountsInBankruptcyWrittenDownToCollateralValueLessCostToSellChargeOff_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TimePeriodOverWhichSecuredProductsAccountsInBankruptcyWrittenDownToCollateralValueLessCostToSellChargeOff_lbl" xml:lang="en-US"> Time Period Over Which Secured Products Accounts In Bankruptcy Written Down To Collateral Value Less Cost To Sell Charge Off </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_TimePeriodOverWhichSecuredProductsAccountsInBankruptcyWrittenDownToCollateralValueLessCostToSellChargeOff_lbl" xml:lang="en-US"> Secured products, accounts in bankruptcy written down to the collateral value less cost to sell, period </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TimePeriodOverWhichSecuredProductsAccountsInBankruptcyWrittenDownToCollateralValueLessCostToSellChargeOff_lbl" xml:lang="en-US"> Time Period Over Which Secured Products Accounts In Bankruptcy Written Down To Collateral Value Less Cost To Sell Charge Off. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TimePeriodOverWhichUnsecuredAccountsInBankruptcyIncludingCreditCardsChargedOff" xlink:label="bac_TimePeriodOverWhichUnsecuredAccountsInBankruptcyIncludingCreditCardsChargedOff"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TimePeriodOverWhichUnsecuredAccountsInBankruptcyIncludingCreditCardsChargedOff" xlink:to="bac_TimePeriodOverWhichUnsecuredAccountsInBankruptcyIncludingCreditCardsChargedOff_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TimePeriodOverWhichUnsecuredAccountsInBankruptcyIncludingCreditCardsChargedOff_lbl" xml:lang="en-US"> Time Period Over Which Unsecured Accounts In Bankruptcy Including Credit Cards Charged Off </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_TimePeriodOverWhichUnsecuredAccountsInBankruptcyIncludingCreditCardsChargedOff_lbl" xml:lang="en-US"> Unsecured accounts in bankruptcy including credit cards charged off period </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TimePeriodOverWhichUnsecuredAccountsInBankruptcyIncludingCreditCardsChargedOff_lbl" xml:lang="en-US"> Time Period Over Which Unsecured Accounts In Bankruptcy Including Credit Cards Charged Off. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TimePeriodOfRealEstateSecuredLoansThatIsInExcessOfEstimatedPropertyValueLessCostToSellChargedOff" xlink:label="bac_TimePeriodOfRealEstateSecuredLoansThatIsInExcessOfEstimatedPropertyValueLessCostToSellChargedOff"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TimePeriodOfRealEstateSecuredLoansThatIsInExcessOfEstimatedPropertyValueLessCostToSellChargedOff" xlink:to="bac_TimePeriodOfRealEstateSecuredLoansThatIsInExcessOfEstimatedPropertyValueLessCostToSellChargedOff_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TimePeriodOfRealEstateSecuredLoansThatIsInExcessOfEstimatedPropertyValueLessCostToSellChargedOff_lbl" xml:lang="en-US"> Time Period Of Real Estate Secured Loans That Is In Excess Of Estimated Property Value Less Cost To Sell Charged Off </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_TimePeriodOfRealEstateSecuredLoansThatIsInExcessOfEstimatedPropertyValueLessCostToSellChargedOff_lbl" xml:lang="en-US"> Outstanding balance of real estate secured loans that is in excess of the estimated property value less cost to sell charged off period </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TimePeriodOfRealEstateSecuredLoansThatIsInExcessOfEstimatedPropertyValueLessCostToSellChargedOff_lbl" xml:lang="en-US"> Time Period Of Real Estate Secured Loans That Is In Excess Of Estimated Property Value Less Cost To Sell Charged Off. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TimePeriodOverWhichPersonalPropertySecuredLoansThatIsInExcessOfEstimatedPropertyValueLessCostToSellChargedOff" xlink:label="bac_TimePeriodOverWhichPersonalPropertySecuredLoansThatIsInExcessOfEstimatedPropertyValueLessCostToSellChargedOff"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TimePeriodOverWhichPersonalPropertySecuredLoansThatIsInExcessOfEstimatedPropertyValueLessCostToSellChargedOff" xlink:to="bac_TimePeriodOverWhichPersonalPropertySecuredLoansThatIsInExcessOfEstimatedPropertyValueLessCostToSellChargedOff_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TimePeriodOverWhichPersonalPropertySecuredLoansThatIsInExcessOfEstimatedPropertyValueLessCostToSellChargedOff_lbl" xml:lang="en-US"> Time Period Over Which Personal Property Secured Loans That Is In Excess Of Estimated Property Value Less Cost To Sell Charged Off </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_TimePeriodOverWhichPersonalPropertySecuredLoansThatIsInExcessOfEstimatedPropertyValueLessCostToSellChargedOff_lbl" xml:lang="en-US"> Personal property secured loans charged off period </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TimePeriodOverWhichPersonalPropertySecuredLoansThatIsInExcessOfEstimatedPropertyValueLessCostToSellChargedOff_lbl" xml:lang="en-US"> Time Period Over Which Personal Property Secured Loans That Is In Excess Of Estimated Property Value Less Cost To Sell Charged Off. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TimePeriodOverWhichLoansDueWithinTwelveMonthPeriod" xlink:label="bac_TimePeriodOverWhichLoansDueWithinTwelveMonthPeriod"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TimePeriodOverWhichLoansDueWithinTwelveMonthPeriod" xlink:to="bac_TimePeriodOverWhichLoansDueWithinTwelveMonthPeriod_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TimePeriodOverWhichLoansDueWithinTwelveMonthPeriod_lbl" xml:lang="en-US"> Time period over which loans due within the twelve month period </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_TimePeriodOverWhichLoansDueWithinTwelveMonthPeriod_lbl" xml:lang="en-US"> Loans due in next tweleve months </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TimePeriodOverWhichLoansDueWithinTwelveMonthPeriod_lbl" xml:lang="en-US"> Time period over which loans due within the twelve month period. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AggregateValueOfCommonStockIntoWhichMandatoryConvertiblePreferredStockAreConverted" xlink:label="bac_AggregateValueOfCommonStockIntoWhichMandatoryConvertiblePreferredStockAreConverted"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AggregateValueOfCommonStockIntoWhichMandatoryConvertiblePreferredStockAreConverted" xlink:to="bac_AggregateValueOfCommonStockIntoWhichMandatoryConvertiblePreferredStockAreConverted_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AggregateValueOfCommonStockIntoWhichMandatoryConvertiblePreferredStockAreConverted_lbl" xml:lang="en-US"> Aggregate Value Of Common Stock Into Which Mandatory Convertible Preferred Stock Are Converted </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AggregateValueOfCommonStockIntoWhichMandatoryConvertiblePreferredStockAreConverted_lbl" xml:lang="en-US"> Mandaotry convertible preferred stock conversion </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AggregateValueOfCommonStockIntoWhichMandatoryConvertiblePreferredStockAreConverted_lbl" xml:lang="en-US"> Aggregate Value Of Common Stock Into Which Mandatory Convertible Preferred Stock Are Converted. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AggregateValueOfCommonStockIntoWhichMandatoryConvertiblePreferredStockAreConvertedShares" xlink:label="bac_AggregateValueOfCommonStockIntoWhichMandatoryConvertiblePreferredStockAreConvertedShares"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AggregateValueOfCommonStockIntoWhichMandatoryConvertiblePreferredStockAreConvertedShares" xlink:to="bac_AggregateValueOfCommonStockIntoWhichMandatoryConvertiblePreferredStockAreConvertedShares_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AggregateValueOfCommonStockIntoWhichMandatoryConvertiblePreferredStockAreConvertedShares_lbl" xml:lang="en-US"> Aggregate Value Of Common Stock Into Which Mandatory Convertible Preferred Stock Are Converted shares </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AggregateValueOfCommonStockIntoWhichMandatoryConvertiblePreferredStockAreConvertedShares_lbl" xml:lang="en-US"> Mandaotry convertible preferred stock conversion, shares </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AggregateValueOfCommonStockIntoWhichMandatoryConvertiblePreferredStockAreConvertedShares_lbl" xml:lang="en-US"> Aggregate Value Of Common Stock Into Which Mandatory Convertible Preferred Stock Are Converted shares. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_HeldToMaturityDebtSecuritiesAmortizedCost" xlink:label="bac_HeldToMaturityDebtSecuritiesAmortizedCost"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_HeldToMaturityDebtSecuritiesAmortizedCost" xlink:to="bac_HeldToMaturityDebtSecuritiesAmortizedCost_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_HeldToMaturityDebtSecuritiesAmortizedCost_lbl" xml:lang="en-US"> Held to maturity debt securities amortized cost </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_HeldToMaturityDebtSecuritiesAmortizedCost_lbl" xml:lang="en-US"> Held-to-maturity debt securities, Amortized cost </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_HeldToMaturityDebtSecuritiesAmortizedCost_lbl" xml:lang="en-US"> Held-to-maturity debt securities, Amortized cost </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_HeldToMaturityDebtSecuritiesAmortizedCost_lbl" xml:lang="en-US"> Held to maturity debt securities amortized cost. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_HeldToMaturityDebtSecuritiesGrossUnrealisedGains" xlink:label="bac_HeldToMaturityDebtSecuritiesGrossUnrealisedGains"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_HeldToMaturityDebtSecuritiesGrossUnrealisedGains" xlink:to="bac_HeldToMaturityDebtSecuritiesGrossUnrealisedGains_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_HeldToMaturityDebtSecuritiesGrossUnrealisedGains_lbl" xml:lang="en-US"> Held to maturity debt securities gross unrealised gains </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_HeldToMaturityDebtSecuritiesGrossUnrealisedGains_lbl" xml:lang="en-US"> Held-to-maturity debt securities, Gross unrealised gains </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_HeldToMaturityDebtSecuritiesGrossUnrealisedGains_lbl" xml:lang="en-US"> Held-to-maturity debt securities, Gross unrealised gains </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_HeldToMaturityDebtSecuritiesGrossUnrealisedGains_lbl" xml:lang="en-US"> Held to maturity debt securities gross unrealised gains. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_HeldToMaturityDebtSecuritiesGrossUnrealisedLosses" xlink:label="bac_HeldToMaturityDebtSecuritiesGrossUnrealisedLosses"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_HeldToMaturityDebtSecuritiesGrossUnrealisedLosses" xlink:to="bac_HeldToMaturityDebtSecuritiesGrossUnrealisedLosses_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_HeldToMaturityDebtSecuritiesGrossUnrealisedLosses_lbl" xml:lang="en-US"> Held-to-maturity debt securities, Gross unrealised losses </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_HeldToMaturityDebtSecuritiesGrossUnrealisedLosses_lbl" xml:lang="en-US"> Held-to-maturity debt securities, Gross unrealised losses </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_HeldToMaturityDebtSecuritiesGrossUnrealisedLosses_lbl" xml:lang="en-US"> Held-to-maturity debt securities, Gross unrealised losses </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_HeldToMaturityDebtSecuritiesGrossUnrealisedLosses_lbl" xml:lang="en-US"> Held to maturity debt securities gross unrealised losses. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_HeldToMaturityDebtSecuritiesFairValue" xlink:label="bac_HeldToMaturityDebtSecuritiesFairValue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_HeldToMaturityDebtSecuritiesFairValue" xlink:to="bac_HeldToMaturityDebtSecuritiesFairValue_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_HeldToMaturityDebtSecuritiesFairValue_lbl" xml:lang="en-US"> Held-to-maturity debt securities, Fair value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_HeldToMaturityDebtSecuritiesFairValue_lbl" xml:lang="en-US"> Held to maturity debt securities fair value. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_HeldToMaturityDebtSecuritiesFairValue_lbl" xml:lang="en-US"> Held-to-maturity debt securities, Fair value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_HeldToMaturityDebtSecuritiesFairValue_lbl" xml:lang="en-US"> Held-to-maturity debt securities, Fair value </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TotalDebtSecuritiesGrossUnrealizedGains" xlink:label="bac_TotalDebtSecuritiesGrossUnrealizedGains"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TotalDebtSecuritiesGrossUnrealizedGains" xlink:to="bac_TotalDebtSecuritiesGrossUnrealizedGains_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TotalDebtSecuritiesGrossUnrealizedGains_lbl" xml:lang="en-US"> Total debt securities Gross unrealized gains </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_TotalDebtSecuritiesGrossUnrealizedGains_lbl" xml:lang="en-US"> Total debt securities, Gross unrealized gains </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TotalDebtSecuritiesGrossUnrealizedGains_lbl" xml:lang="en-US"> Total debt securities Gross unrealized gains. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TotalDebtSecuritiesGrossUnrealizedLosses" xlink:label="bac_TotalDebtSecuritiesGrossUnrealizedLosses"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TotalDebtSecuritiesGrossUnrealizedLosses" xlink:to="bac_TotalDebtSecuritiesGrossUnrealizedLosses_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TotalDebtSecuritiesGrossUnrealizedLosses_lbl" xml:lang="en-US"> Total debt securities Gross unrealized losses </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_TotalDebtSecuritiesGrossUnrealizedLosses_lbl" xml:lang="en-US"> Total debt securities, Gross unrealized losses </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TotalDebtSecuritiesGrossUnrealizedLosses_lbl" xml:lang="en-US"> Total debt securities Gross unrealized losses. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TotalDebtSecuritiesFairValue" xlink:label="bac_TotalDebtSecuritiesFairValue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TotalDebtSecuritiesFairValue" xlink:to="bac_TotalDebtSecuritiesFairValue_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TotalDebtSecuritiesFairValue_lbl" xml:lang="en-US"> Total debt securities Fair value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TotalDebtSecuritiesFairValue_lbl" xml:lang="en-US"> Total debt securities Fair value. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="bac_TotalDebtSecuritiesFairValue_lbl" xml:lang="en-US"> Total debt securities, Fair value </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SmallBusinessCommercialRenegotiatedTDRLoans" xlink:label="bac_SmallBusinessCommercialRenegotiatedTDRLoans"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SmallBusinessCommercialRenegotiatedTDRLoans" xlink:to="bac_SmallBusinessCommercialRenegotiatedTDRLoans_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SmallBusinessCommercialRenegotiatedTDRLoans_lbl" xml:lang="en-US"> small business commercial renegotiated TDR loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SmallBusinessCommercialRenegotiatedTDRLoans_lbl" xml:lang="en-US"> U.S. small business commercial renegotiated TDR loans. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_SmallBusinessCommercialRenegotiatedTDRLoans_lbl" xml:lang="en-US"> U.S. small business commercial renegotiated TDR loans </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LoansAccountedForUnderFairValueOption" xlink:label="bac_LoansAccountedForUnderFairValueOption"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LoansAccountedForUnderFairValueOption" xlink:to="bac_LoansAccountedForUnderFairValueOption_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LoansAccountedForUnderFairValueOption_lbl" xml:lang="en-US"> Loans accounted for under fair value option </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LoansAccountedForUnderFairValueOption_lbl" xml:lang="en-US"> Loans accounted for under the fair value option. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_LoansAccountedForUnderFairValueOption_lbl" xml:lang="en-US"> Loans accounted for under the fair value option </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_IncomeTaxReconciliationDeductions" xlink:label="us-gaap_IncomeTaxReconciliationDeductions"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxReconciliationDeductions" xlink:to="lab_IncomeTaxReconciliationDeductions"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_IncomeTaxReconciliationDeductions" xml:lang="en-US"> Income Tax Reconciliation, Deductions </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_IncomeTaxReconciliationDeductions" xml:lang="en-US"> Income Tax Reconciliation, Deductions, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_IncomeTaxReconciliationDeductions" xml:lang="en-US"> U.K. corporate tax rate deduction </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationDeductions" xlink:label="us-gaap_EffectiveIncomeTaxRateReconciliationDeductions"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EffectiveIncomeTaxRateReconciliationDeductions" xlink:to="lab_EffectiveIncomeTaxRateReconciliationDeductions"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_EffectiveIncomeTaxRateReconciliationDeductions" xml:lang="en-US"> Effective Income Tax Rate Reconciliation, Deductions </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_EffectiveIncomeTaxRateReconciliationDeductions" xml:lang="en-US"> Effective Income Tax Rate Reconciliation, Deductions, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_EffectiveIncomeTaxRateReconciliationDeductions" xml:lang="en-US"> U.K. corporate tax rate deduction, Tax Rate </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_IncomeTaxReconciliationGoodwillImpairmentAndOther" xlink:label="bac_IncomeTaxReconciliationGoodwillImpairmentAndOther"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_IncomeTaxReconciliationGoodwillImpairmentAndOther" xlink:to="bac_IncomeTaxReconciliationGoodwillImpairmentAndOther_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_IncomeTaxReconciliationGoodwillImpairmentAndOther_lbl" xml:lang="en-US"> Income Tax Reconciliation Goodwill impairment and other </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_IncomeTaxReconciliationGoodwillImpairmentAndOther_lbl" xml:lang="en-US"> Income Tax Reconciliation Goodwill impairment and other. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_IncomeTaxReconciliationGoodwillImpairmentAndOther_lbl" xml:lang="en-US"> Goodwill impairment and other </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_EffectiveIncomeTaxRateGoodwillImpairmentAndOther" xlink:label="bac_EffectiveIncomeTaxRateGoodwillImpairmentAndOther"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_EffectiveIncomeTaxRateGoodwillImpairmentAndOther" xlink:to="bac_EffectiveIncomeTaxRateGoodwillImpairmentAndOther_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_EffectiveIncomeTaxRateGoodwillImpairmentAndOther_lbl" xml:lang="en-US"> Effective IncomeTax Rate Goodwill impairment and other </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_EffectiveIncomeTaxRateGoodwillImpairmentAndOther_lbl" xml:lang="en-US"> Effective IncomeTax Rate Goodwill impairment and other. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_EffectiveIncomeTaxRateGoodwillImpairmentAndOther_lbl" xml:lang="en-US"> Goodwill impairment and other, Tax Rate </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_IncomeTaxReconciliationNondeductibleExpense" xlink:label="us-gaap_IncomeTaxReconciliationNondeductibleExpense"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxReconciliationNondeductibleExpense" xlink:to="lab_IncomeTaxReconciliationNondeductibleExpense"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_IncomeTaxReconciliationNondeductibleExpense" xml:lang="en-US"> Income Tax Reconciliation, Nondeductible Expense </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_IncomeTaxReconciliationNondeductibleExpense" xml:lang="en-US"> Income Tax Reconciliation, Nondeductible Expense, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_IncomeTaxReconciliationNondeductibleExpense" xml:lang="en-US"> Nondeductible expenses </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationNondeductibleExpense" xlink:label="us-gaap_EffectiveIncomeTaxRateReconciliationNondeductibleExpense"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EffectiveIncomeTaxRateReconciliationNondeductibleExpense" xlink:to="lab_EffectiveIncomeTaxRateReconciliationNondeductibleExpense"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_EffectiveIncomeTaxRateReconciliationNondeductibleExpense" xml:lang="en-US"> Effective Income Tax Rate Reconciliation, Nondeductible Expense </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_EffectiveIncomeTaxRateReconciliationNondeductibleExpense" xml:lang="en-US"> Effective Income Tax Rate Reconciliation, Nondeductible Expense, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_EffectiveIncomeTaxRateReconciliationNondeductibleExpense" xml:lang="en-US"> Nondeductible expenses, Tax Rate </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_IncomeTaxExaminationYearSUnderExamination" xlink:label="us-gaap_IncomeTaxExaminationYearSUnderExamination"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxExaminationYearSUnderExamination" xlink:to="lab_IncomeTaxExaminationYearSUnderExamination"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_IncomeTaxExaminationYearSUnderExamination" xml:lang="en-US"> Income Tax Examination, Year(s) under Examination </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_IncomeTaxExaminationYearSUnderExamination" xml:lang="en-US"> Years under examination </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_IncomeTaxExaminationDescription" xlink:label="us-gaap_IncomeTaxExaminationDescription"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxExaminationDescription" xlink:to="lab_IncomeTaxExaminationDescription"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_IncomeTaxExaminationDescription" xml:lang="en-US"> Income Tax Examination, Description </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_IncomeTaxExaminationDescription" xml:lang="en-US"> Status </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LaSalleMember" xlink:label="bac_LaSalleMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LaSalleMember" xlink:to="bac_LaSalleMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LaSalleMember_lbl" xml:lang="en-US"> LaSalle U.S. [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LaSalleMember_lbl" xml:lang="en-US"> LaSalle. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FleetBostonMember" xlink:label="bac_FleetBostonMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FleetBostonMember" xlink:to="bac_FleetBostonMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FleetBostonMember_lbl" xml:lang="en-US"> Fleet Boston U.S. [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FleetBostonMember_lbl" xml:lang="en-US"> Fleet Boston. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MerrillLynchNewYorkMember" xlink:label="bac_MerrillLynchNewYorkMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MerrillLynchNewYorkMember" xlink:to="bac_MerrillLynchNewYorkMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MerrillLynchNewYorkMember_lbl" xml:lang="en-US"> Merrill Lynch New York [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MerrillLynchNewYorkMember_lbl" xml:lang="en-US"> Merrill Lynch New York. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MerrillLynchJapanMember" xlink:label="bac_MerrillLynchJapanMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MerrillLynchJapanMember" xlink:to="bac_MerrillLynchJapanMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MerrillLynchJapanMember_lbl" xml:lang="en-US"> Merrill Lynch Japan [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MerrillLynchJapanMember_lbl" xml:lang="en-US"> Merrill Lynch Japan. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MerrillLynchUkMember" xlink:label="bac_MerrillLynchUkMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MerrillLynchUkMember" xlink:to="bac_MerrillLynchUkMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MerrillLynchUkMember_lbl" xml:lang="en-US"> Merrill Lynch U.K. [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MerrillLynchUkMember_lbl" xml:lang="en-US"> Merrill Lynch U.K. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MerrillLynchUsExaminationTwoMember" xlink:label="bac_MerrillLynchUsExaminationTwoMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MerrillLynchUsExaminationTwoMember" xlink:to="bac_MerrillLynchUsExaminationTwoMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MerrillLynchUsExaminationTwoMember_lbl" xml:lang="en-US"> Merrill Lynch U.S. Examination Two [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MerrillLynchUsExaminationTwoMember_lbl" xml:lang="en-US"> Merrill Lynch Us Examination Two. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MerrillLynchUsExaminationOneMember" xlink:label="bac_MerrillLynchUsExaminationOneMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MerrillLynchUsExaminationOneMember" xlink:to="bac_MerrillLynchUsExaminationOneMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MerrillLynchUsExaminationOneMember_lbl" xml:lang="en-US"> Merrill Lynch U.S. Examination One [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MerrillLynchUsExaminationOneMember_lbl" xml:lang="en-US"> Merrill Lynch Us Examination One. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_BankOfAmericaCorporationNewYorkMember" xlink:label="bac_BankOfAmericaCorporationNewYorkMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_BankOfAmericaCorporationNewYorkMember" xlink:to="bac_BankOfAmericaCorporationNewYorkMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_BankOfAmericaCorporationNewYorkMember_lbl" xml:lang="en-US"> Bank of America Corporation New York [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_BankOfAmericaCorporationNewYorkMember_lbl" xml:lang="en-US"> Bank of America Corporation New York. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_BankOfAmericaCorporationUsExaminationOneMember" xlink:label="bac_BankOfAmericaCorporationUsExaminationOneMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_BankOfAmericaCorporationUsExaminationOneMember" xlink:to="bac_BankOfAmericaCorporationUsExaminationOneMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_BankOfAmericaCorporationUsExaminationOneMember_lbl" xml:lang="en-US"> Bank of America Corporation U.S. Examination One [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_BankOfAmericaCorporationUsExaminationOneMember_lbl" xml:lang="en-US"> Bank of America Corporation Us Examination One. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_BankOfAmericaCorporationUsExaminationTwoMember" xlink:label="bac_BankOfAmericaCorporationUsExaminationTwoMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_BankOfAmericaCorporationUsExaminationTwoMember" xlink:to="bac_BankOfAmericaCorporationUsExaminationTwoMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_BankOfAmericaCorporationUsExaminationTwoMember_lbl" xml:lang="en-US"> Bank of America Corporation U.S. Examination Two [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_BankOfAmericaCorporationUsExaminationTwoMember_lbl" xml:lang="en-US"> Bank of America Corporation Us Examination Two. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_IncomeTaxExaminationTable" xlink:label="us-gaap_IncomeTaxExaminationTable"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxExaminationTable" xlink:to="lab_IncomeTaxExaminationTable"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_IncomeTaxExaminationTable" xml:lang="en-US"> Income Tax Examination [Table] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_IncomeTaxExaminationLineItems" xlink:label="us-gaap_IncomeTaxExaminationLineItems"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxExaminationLineItems" xlink:to="lab_IncomeTaxExaminationLineItems"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_IncomeTaxExaminationLineItems" xml:lang="en-US"> Income Tax Examination [Line Items] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_ValuationAllowanceByDeferredTaxAssetAxis" xlink:label="us-gaap_ValuationAllowanceByDeferredTaxAssetAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ValuationAllowanceByDeferredTaxAssetAxis" xlink:to="lab_ValuationAllowanceByDeferredTaxAssetAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ValuationAllowanceByDeferredTaxAssetAxis" xml:lang="en-US"> Valuation Allowance by Deferred Tax Asset [Axis] </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DeferredTaxAssetDomain" xlink:label="us-gaap_DeferredTaxAssetDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxAssetDomain" xlink:to="lab_DeferredTaxAssetDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DeferredTaxAssetDomain" xml:lang="en-US"> Deferred Tax Asset [Domain] </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_UsSmallBusinessCommercialRenegotiatedTdrLoansMember" xlink:label="bac_UsSmallBusinessCommercialRenegotiatedTdrLoansMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_UsSmallBusinessCommercialRenegotiatedTdrLoansMember" xlink:to="bac_UsSmallBusinessCommercialRenegotiatedTdrLoansMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_UsSmallBusinessCommercialRenegotiatedTdrLoansMember_lbl" xml:lang="en-US"> U.S. small business commercial renegotiated TDR loans [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_UsSmallBusinessCommercialRenegotiatedTdrLoansMember_lbl" xml:lang="en-US"> Us small business commercial renegotiated Tdr loans. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AmountRelatedToEmployeeStockPlanDeductions" xlink:label="bac_AmountRelatedToEmployeeStockPlanDeductions"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AmountRelatedToEmployeeStockPlanDeductions" xlink:to="bac_AmountRelatedToEmployeeStockPlanDeductions_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AmountRelatedToEmployeeStockPlanDeductions_lbl" xml:lang="en-US"> Amount related to employee stock plan deductions </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AmountRelatedToEmployeeStockPlanDeductions_lbl" xml:lang="en-US"> Amount related to employee stock plan deductions. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AmountRelatedToEmployeeStockPlanDeductions_lbl" xml:lang="en-US"> Amount related to employee stock plan deductions </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ThirtyToEightyNineDaysPastDueMember" xlink:label="bac_ThirtyToEightyNineDaysPastDueMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ThirtyToEightyNineDaysPastDueMember" xlink:to="bac_ThirtyToEightyNineDaysPastDueMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ThirtyToEightyNineDaysPastDueMember_lbl" xml:lang="en-US"> 30-89 days Past Due [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ThirtyToEightyNineDaysPastDueMember_lbl" xml:lang="en-US"> Thirty To Eighty Nine Days Past Due Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NinetyDaysOrMorePastDueMember" xlink:label="bac_NinetyDaysOrMorePastDueMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NinetyDaysOrMorePastDueMember" xlink:to="bac_NinetyDaysOrMorePastDueMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NinetyDaysOrMorePastDueMember_lbl" xml:lang="en-US"> 90 Days or More Past Due [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NinetyDaysOrMorePastDueMember_lbl" xml:lang="en-US"> Ninety Days or More Past Due Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TotalPastDueThirtyDaysOrMoreMember" xlink:label="bac_TotalPastDueThirtyDaysOrMoreMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TotalPastDueThirtyDaysOrMoreMember" xlink:to="bac_TotalPastDueThirtyDaysOrMoreMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TotalPastDueThirtyDaysOrMoreMember_lbl" xml:lang="en-US"> Total Past Due 30 Days or More[ Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TotalPastDueThirtyDaysOrMoreMember_lbl" xml:lang="en-US"> Total Past Due Thirty Days or More Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TotalCurrentOrLessThanThirtyDaysPastDueMember" xlink:label="bac_TotalCurrentOrLessThanThirtyDaysPastDueMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TotalCurrentOrLessThanThirtyDaysPastDueMember" xlink:to="bac_TotalCurrentOrLessThanThirtyDaysPastDueMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TotalCurrentOrLessThanThirtyDaysPastDueMember_lbl" xml:lang="en-US"> Total Current or Less Than 30 Days past Due [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TotalCurrentOrLessThanThirtyDaysPastDueMember_lbl" xml:lang="en-US"> Total Current or Less Than Thirty Days past Due Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LoansMeasuredAtFairValueMember" xlink:label="bac_LoansMeasuredAtFairValueMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LoansMeasuredAtFairValueMember" xlink:to="bac_LoansMeasuredAtFairValueMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LoansMeasuredAtFairValueMember_lbl" xml:lang="en-US"> Loans Measured at Fair Value [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LoansMeasuredAtFairValueMember_lbl" xml:lang="en-US"> Loans Measured at Fair Value Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_RefreshedLoanToValueFederalHousingAdministrationLoansMember" xlink:label="bac_RefreshedLoanToValueFederalHousingAdministrationLoansMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_RefreshedLoanToValueFederalHousingAdministrationLoansMember" xlink:to="bac_RefreshedLoanToValueFederalHousingAdministrationLoansMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_RefreshedLoanToValueFederalHousingAdministrationLoansMember_lbl" xml:lang="en-US"> Refreshed Loan To Value Federal Housing Administration Loans [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_RefreshedLoanToValueFederalHousingAdministrationLoansMember_lbl" xml:lang="en-US"> Refreshed Loan To Value Federal Housing Administration Loans Member. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAdditions" xlink:label="us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAdditions"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAdditions" xlink:to="lab_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAdditions"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAdditions" xml:lang="en-US"> Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Accretable Yield, Additions </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAdditions" xml:lang="en-US"> Merril Lynch balance </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LongTermStandbyAgreements" xlink:label="bac_LongTermStandbyAgreements"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LongTermStandbyAgreements" xlink:to="bac_LongTermStandbyAgreements_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LongTermStandbyAgreements_lbl" xml:lang="en-US"> Long term standby agreements </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LongTermStandbyAgreements_lbl" xml:lang="en-US"> Long-term standby agreements. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_LongTermStandbyAgreements_lbl" xml:lang="en-US"> Long-term standby agreements </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LoansAndLeasesReceivableFederalHousingAdministrationInsuredLoans" xlink:label="bac_LoansAndLeasesReceivableFederalHousingAdministrationInsuredLoans"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LoansAndLeasesReceivableFederalHousingAdministrationInsuredLoans" xlink:to="bac_LoansAndLeasesReceivableFederalHousingAdministrationInsuredLoans_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LoansAndLeasesReceivableFederalHousingAdministrationInsuredLoans_lbl" xml:lang="en-US"> Loans and leases receivable federal housing administration insured loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_LoansAndLeasesReceivableFederalHousingAdministrationInsuredLoans_lbl" xml:lang="en-US"> FHA insured loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LoansAndLeasesReceivableFederalHousingAdministrationInsuredLoans_lbl" xml:lang="en-US"> Loans and leases receivable federal housing administration insured loans. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LoansAndLeasesReceivableNonperformingLoans" xlink:label="bac_LoansAndLeasesReceivableNonperformingLoans"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LoansAndLeasesReceivableNonperformingLoans" xlink:to="bac_LoansAndLeasesReceivableNonperformingLoans_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LoansAndLeasesReceivableNonperformingLoans_lbl" xml:lang="en-US"> Loans And Leases Receivable Nonperforming loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_LoansAndLeasesReceivableNonperformingLoans_lbl" xml:lang="en-US"> Nonperforming loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LoansAndLeasesReceivableNonperformingLoans_lbl" xml:lang="en-US"> Loans And Leases Receivable Nonperforming loans. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LoansAndLeasesReceivableTdrRemovedFromCountrywidePurchasedCreditImpairedLoanPortfolio" xlink:label="bac_LoansAndLeasesReceivableTdrRemovedFromCountrywidePurchasedCreditImpairedLoanPortfolio"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LoansAndLeasesReceivableTdrRemovedFromCountrywidePurchasedCreditImpairedLoanPortfolio" xlink:to="bac_LoansAndLeasesReceivableTdrRemovedFromCountrywidePurchasedCreditImpairedLoanPortfolio_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LoansAndLeasesReceivableTdrRemovedFromCountrywidePurchasedCreditImpairedLoanPortfolio_lbl" xml:lang="en-US"> Loans and leases receivable Tdr removed from Countrywide Purchased credit impaired loan portfolio </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_LoansAndLeasesReceivableTdrRemovedFromCountrywidePurchasedCreditImpairedLoanPortfolio_lbl" xml:lang="en-US"> TDRs removed from the Countrywide PCI loan portfolio </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LoansAndLeasesReceivableTdrRemovedFromCountrywidePurchasedCreditImpairedLoanPortfolio_lbl" xml:lang="en-US"> Loans and leases receivable Tdr removed from Countrywide Purchased credit impaired loan portfolio. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LoansAndLeasesReceivablePurchasedCreditImpairedHomeLoansFromAcquisition" xlink:label="bac_LoansAndLeasesReceivablePurchasedCreditImpairedHomeLoansFromAcquisition"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LoansAndLeasesReceivablePurchasedCreditImpairedHomeLoansFromAcquisition" xlink:to="bac_LoansAndLeasesReceivablePurchasedCreditImpairedHomeLoansFromAcquisition_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LoansAndLeasesReceivablePurchasedCreditImpairedHomeLoansFromAcquisition_lbl" xml:lang="en-US"> Loans and leases receivable Purchased Credit Impaired home loans from acquisition </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_LoansAndLeasesReceivablePurchasedCreditImpairedHomeLoansFromAcquisition_lbl" xml:lang="en-US"> PCI home loans from the Merrill Lynch acquisition </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LoansAndLeasesReceivablePurchasedCreditImpairedHomeLoansFromAcquisition_lbl" xml:lang="en-US"> Loans and leases receivable Purchased Credit Impaired home loans from acquisition. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AccruingPastDueNinetyDaysOrMoreConsumerResidentialMortgageLoansNoLongerAccruingInterest" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreConsumerResidentialMortgageLoansNoLongerAccruingInterest"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AccruingPastDueNinetyDaysOrMoreConsumerResidentialMortgageLoansNoLongerAccruingInterest" xlink:to="bac_AccruingPastDueNinetyDaysOrMoreConsumerResidentialMortgageLoansNoLongerAccruingInterest_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreConsumerResidentialMortgageLoansNoLongerAccruingInterest_lbl" xml:lang="en-US"> Accruing Past Due Ninety Days Or More Consumer Residential Mortgage Loans no longer accruing interest </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreConsumerResidentialMortgageLoansNoLongerAccruingInterest_lbl" xml:lang="en-US"> Loans that are no longer accruing interest </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AccruingPastDueNinetyDaysOrMoreConsumerResidentialMortgageLoansNoLongerAccruingInterest_lbl" xml:lang="en-US"> Accruing Past Due Ninety Days or More Consumer Residential Mortgage Loans no longer accruing interest. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PercentOfOtherConsumerPortfolioAssociatedWithPortfoliosFromCertainConsumerFinanceBusinesses" xlink:label="bac_PercentOfOtherConsumerPortfolioAssociatedWithPortfoliosFromCertainConsumerFinanceBusinesses"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PercentOfOtherConsumerPortfolioAssociatedWithPortfoliosFromCertainConsumerFinanceBusinesses" xlink:to="bac_PercentOfOtherConsumerPortfolioAssociatedWithPortfoliosFromCertainConsumerFinanceBusinesses_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PercentOfOtherConsumerPortfolioAssociatedWithPortfoliosFromCertainConsumerFinanceBusinesses_lbl" xml:lang="en-US"> Percent of other consumer portfolio associated with portfolios from certain consumer finance businesses </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PercentOfOtherConsumerPortfolioAssociatedWithPortfoliosFromCertainConsumerFinanceBusinesses_lbl" xml:lang="en-US"> Percent of other consumer portfolio associated with portfolios from certain consumer finance businesses. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PercentOfOtherConsumerPortfolioAssociatedWithPortfoliosFromCertainConsumerFinanceBusinesses_lbl" xml:lang="en-US"> Percent of other consumer portfolio associated with portfolios from certain consumer finance businesses </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SecuritiesBasedLendingOvercollateralized" xlink:label="bac_SecuritiesBasedLendingOvercollateralized"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SecuritiesBasedLendingOvercollateralized" xlink:to="bac_SecuritiesBasedLendingOvercollateralized_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SecuritiesBasedLendingOvercollateralized_lbl" xml:lang="en-US"> Securities based lending overcollateralized </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SecuritiesBasedLendingOvercollateralized_lbl" xml:lang="en-US"> Securities based lending overcollateralized. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_SecuritiesBasedLendingOvercollateralized_lbl" xml:lang="en-US"> Securities based lending overcollateralized </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LoansNoLongerOriginates" xlink:label="bac_LoansNoLongerOriginates"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LoansNoLongerOriginates" xlink:to="bac_LoansNoLongerOriginates_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LoansNoLongerOriginates_lbl" xml:lang="en-US"> Loans no longer originates </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LoansNoLongerOriginates_lbl" xml:lang="en-US"> Loans the Corporation no longer originates. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_LoansNoLongerOriginates_lbl" xml:lang="en-US"> Loans the Corporation no longer originates </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PercentageOfInternalCreditMetricsIncludingDelinquencyStatus" xlink:label="bac_PercentageOfInternalCreditMetricsIncludingDelinquencyStatus"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PercentageOfInternalCreditMetricsIncludingDelinquencyStatus" xlink:to="bac_PercentageOfInternalCreditMetricsIncludingDelinquencyStatus_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PercentageOfInternalCreditMetricsIncludingDelinquencyStatus_lbl" xml:lang="en-US"> Percentage of internal credit metrics including delinquency status </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PercentageOfInternalCreditMetricsIncludingDelinquencyStatus_lbl" xml:lang="en-US"> Percentage of internal credit metrics, including delinquency status. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PercentageOfInternalCreditMetricsIncludingDelinquencyStatus_lbl" xml:lang="en-US"> Percentage of internal credit metrics, including delinquency status </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PurchasedCreditImpairedLoansRelatedToCommercialPortfolioSegment" xlink:label="bac_PurchasedCreditImpairedLoansRelatedToCommercialPortfolioSegment"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PurchasedCreditImpairedLoansRelatedToCommercialPortfolioSegment" xlink:to="bac_PurchasedCreditImpairedLoansRelatedToCommercialPortfolioSegment_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PurchasedCreditImpairedLoansRelatedToCommercialPortfolioSegment_lbl" xml:lang="en-US"> Purchased Credit Impaired loans related to the commercial portfolio segment </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PurchasedCreditImpairedLoansRelatedToCommercialPortfolioSegment_lbl" xml:lang="en-US"> Purchased Credit Impaired loans related to the commercial portfolio segment. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PurchasedCreditImpairedLoansRelatedToCommercialPortfolioSegment_lbl" xml:lang="en-US"> PCI loans related to the commercial portfolio segment </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_RefreshedFicoScoreFederalHousingAdministrationLoansMember" xlink:label="bac_RefreshedFicoScoreFederalHousingAdministrationLoansMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_RefreshedFicoScoreFederalHousingAdministrationLoansMember" xlink:to="bac_RefreshedFicoScoreFederalHousingAdministrationLoansMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_RefreshedFicoScoreFederalHousingAdministrationLoansMember_lbl" xml:lang="en-US"> Refreshed FICO score Federal Housing Administration Loans [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_RefreshedFicoScoreFederalHousingAdministrationLoansMember_lbl" xml:lang="en-US"> Refreshed FICO score Federal Housing Administration Loans Member. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_IncrementalAssetsOfNewConsolidatedVariableInterestEntities" xlink:label="bac_IncrementalAssetsOfNewConsolidatedVariableInterestEntities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_IncrementalAssetsOfNewConsolidatedVariableInterestEntities" xlink:to="bac_IncrementalAssetsOfNewConsolidatedVariableInterestEntities_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_IncrementalAssetsOfNewConsolidatedVariableInterestEntities_lbl" xml:lang="en-US"> Incremental assets of new Consolidated Variable Interest Entities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_IncrementalAssetsOfNewConsolidatedVariableInterestEntities_lbl" xml:lang="en-US"> Incremental assets of new Consolidated Variable Interest Entities. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_IncrementalAssetsOfNewConsolidatedVariableInterestEntities_lbl" xml:lang="en-US"> Incremental assets of new Consolidated VIEs </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CommercialPaperConduitsMember" xlink:label="bac_CommercialPaperConduitsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CommercialPaperConduitsMember" xlink:to="bac_CommercialPaperConduitsMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CommercialPaperConduitsMember_lbl" xml:lang="en-US"> Commercial paper Conduits [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CommercialPaperConduitsMember_lbl" xml:lang="en-US"> Commercial paper Conduits. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_OtherVariableInterestEntitiesMember" xlink:label="bac_OtherVariableInterestEntitiesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_OtherVariableInterestEntitiesMember" xlink:to="bac_OtherVariableInterestEntitiesMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_OtherVariableInterestEntitiesMember_lbl" xml:lang="en-US"> Other VIEs [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_OtherVariableInterestEntitiesMember_lbl" xml:lang="en-US"> Other VIEs. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LossRecordedAsResultOfSupportInFormOfCapitalCommitments" xlink:label="bac_LossRecordedAsResultOfSupportInFormOfCapitalCommitments"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LossRecordedAsResultOfSupportInFormOfCapitalCommitments" xlink:to="bac_LossRecordedAsResultOfSupportInFormOfCapitalCommitments_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LossRecordedAsResultOfSupportInFormOfCapitalCommitments_lbl" xml:lang="en-US"> Loss recorded as a result of support in the form of capital commitments </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LossRecordedAsResultOfSupportInFormOfCapitalCommitments_lbl" xml:lang="en-US"> Loss recorded as a result of support in the form of capital commitments. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_LossRecordedAsResultOfSupportInFormOfCapitalCommitments_lbl" xml:lang="en-US"> Loss recorded as a result of support in the form of capital commitments </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueOfSecuritiesConnectionWithAgencyFirstLienResidentialMortgageSecuritizations" xlink:label="bac_FairValueOfSecuritiesConnectionWithAgencyFirstLienResidentialMortgageSecuritizations"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueOfSecuritiesConnectionWithAgencyFirstLienResidentialMortgageSecuritizations" xlink:to="bac_FairValueOfSecuritiesConnectionWithAgencyFirstLienResidentialMortgageSecuritizations_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueOfSecuritiesConnectionWithAgencyFirstLienResidentialMortgageSecuritizations_lbl" xml:lang="en-US"> Fair value of securities connection with agency first lien residential mortgage securitizations </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueOfSecuritiesConnectionWithAgencyFirstLienResidentialMortgageSecuritizations_lbl" xml:lang="en-US"> Fair value of securities connection with agency first lien residential mortgage securitizations. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FairValueOfSecuritiesConnectionWithAgencyFirstLienResidentialMortgageSecuritizations_lbl" xml:lang="en-US"> Fair value of securities connection with agency first lien residential mortgage securitizations </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NotionalAmountOfCorporationsLiquidityCommitments" xlink:label="bac_NotionalAmountOfCorporationsLiquidityCommitments"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NotionalAmountOfCorporationsLiquidityCommitments" xlink:to="bac_NotionalAmountOfCorporationsLiquidityCommitments_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NotionalAmountOfCorporationsLiquidityCommitments_lbl" xml:lang="en-US"> Notional Amount Of Corporations Liquidity Commitments </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NotionalAmountOfCorporationsLiquidityCommitments_lbl" xml:lang="en-US"> Notional amount of Corporations liquidity commitments </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NotionalAmountOfCorporationsLiquidityCommitments_lbl" xml:lang="en-US"> Notional Amount Of Corporations Liquidity Commitments. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_OperatingLeasesFutureMinimumPaymentsDueInSixYears" xlink:label="bac_OperatingLeasesFutureMinimumPaymentsDueInSixYears"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_OperatingLeasesFutureMinimumPaymentsDueInSixYears" xlink:to="bac_OperatingLeasesFutureMinimumPaymentsDueInSixYears_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_OperatingLeasesFutureMinimumPaymentsDueInSixYears_lbl" xml:lang="en-US"> Operating Leases Future Minimum Payments Due In Six Years </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_OperatingLeasesFutureMinimumPaymentsDueInSixYears_lbl" xml:lang="en-US"> Committed operating lease for year, 2015 </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_OperatingLeasesFutureMinimumPaymentsDueInSixYears_lbl" xml:lang="en-US"> Operating Leases Future Minimum Payments Due In Six Years. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LitigationRelatedExpense" xlink:label="bac_LitigationRelatedExpense"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LitigationRelatedExpense" xlink:to="bac_LitigationRelatedExpense_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LitigationRelatedExpense_lbl" xml:lang="en-US"> Litigation related expense </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LitigationRelatedExpense_lbl" xml:lang="en-US"> Litigation-related expense. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_LitigationRelatedExpense_lbl" xml:lang="en-US"> Litigation-related expense </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AggregatedRangeOfPossibleLossEstimatedMinimum" xlink:label="bac_AggregatedRangeOfPossibleLossEstimatedMinimum"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AggregatedRangeOfPossibleLossEstimatedMinimum" xlink:to="bac_AggregatedRangeOfPossibleLossEstimatedMinimum_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AggregatedRangeOfPossibleLossEstimatedMinimum_lbl" xml:lang="en-US"> Aggregated Range of possible loss estimated minimum </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AggregatedRangeOfPossibleLossEstimatedMinimum_lbl" xml:lang="en-US"> Aggregated Range of possible loss estimated minimum. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AggregatedRangeOfPossibleLossEstimatedMinimum_lbl" xml:lang="en-US"> Aggregated Range of possible loss estimated minimum </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AggregatedRangeOfPossibleLossEstimatedMaximum" xlink:label="bac_AggregatedRangeOfPossibleLossEstimatedMaximum"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AggregatedRangeOfPossibleLossEstimatedMaximum" xlink:to="bac_AggregatedRangeOfPossibleLossEstimatedMaximum_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AggregatedRangeOfPossibleLossEstimatedMaximum_lbl" xml:lang="en-US"> Aggregated Range of possible loss estimated maximum </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AggregatedRangeOfPossibleLossEstimatedMaximum_lbl" xml:lang="en-US"> Aggregated Range of possible loss estimated maximum. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AggregatedRangeOfPossibleLossEstimatedMaximum_lbl" xml:lang="en-US"> Aggregated Range of possible loss estimated maximum </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TotalCompensatoryAndPunitiveDamages" xlink:label="bac_TotalCompensatoryAndPunitiveDamages"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TotalCompensatoryAndPunitiveDamages" xlink:to="bac_TotalCompensatoryAndPunitiveDamages_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TotalCompensatoryAndPunitiveDamages_lbl" xml:lang="en-US"> Total Compensatory and punitive damages </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TotalCompensatoryAndPunitiveDamages_lbl" xml:lang="en-US"> Total Compensatory and punitive damages. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_TotalCompensatoryAndPunitiveDamages_lbl" xml:lang="en-US"> Total Compensatory and punitive damages </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PaymentMadeForSettlementByClass" xlink:label="bac_PaymentMadeForSettlementByClass"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PaymentMadeForSettlementByClass" xlink:to="bac_PaymentMadeForSettlementByClass_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PaymentMadeForSettlementByClass_lbl" xml:lang="en-US"> Payment made for settlement by class </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PaymentMadeForSettlementByClass_lbl" xml:lang="en-US"> Payment made for settlement by class. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PaymentMadeForSettlementByClass_lbl" xml:lang="en-US"> Payment made for settlement by class </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MinimumMonetaryDamagesInConnectionWithFailureToPayClaims" xlink:label="bac_MinimumMonetaryDamagesInConnectionWithFailureToPayClaims"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MinimumMonetaryDamagesInConnectionWithFailureToPayClaims" xlink:to="bac_MinimumMonetaryDamagesInConnectionWithFailureToPayClaims_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MinimumMonetaryDamagesInConnectionWithFailureToPayClaims_lbl" xml:lang="en-US"> Minimum monetary damages in Connection with failure to pay claims </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MinimumMonetaryDamagesInConnectionWithFailureToPayClaims_lbl" xml:lang="en-US"> Minimum monetary damages in Connection with failure to pay claims. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_MinimumMonetaryDamagesInConnectionWithFailureToPayClaims_lbl" xml:lang="en-US"> Minimum monetary damages in Connection with failure to pay claims </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PlaintiffsClaimLossesExperiencedOnEquityAndDebtSecurities" xlink:label="bac_PlaintiffsClaimLossesExperiencedOnEquityAndDebtSecurities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PlaintiffsClaimLossesExperiencedOnEquityAndDebtSecurities" xlink:to="bac_PlaintiffsClaimLossesExperiencedOnEquityAndDebtSecurities_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PlaintiffsClaimLossesExperiencedOnEquityAndDebtSecurities_lbl" xml:lang="en-US"> Plaintiffs claim losses experienced on equity and debt securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PlaintiffsClaimLossesExperiencedOnEquityAndDebtSecurities_lbl" xml:lang="en-US"> Plaintiffs claim losses experienced on equity and debt securities. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PlaintiffsClaimLossesExperiencedOnEquityAndDebtSecurities_lbl" xml:lang="en-US"> Plaintiffs claim losses experienced on equity and debt securities </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AmountInPrincipleToSettleActionAgreement" xlink:label="bac_AmountInPrincipleToSettleActionAgreement"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AmountInPrincipleToSettleActionAgreement" xlink:to="bac_AmountInPrincipleToSettleActionAgreement_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AmountInPrincipleToSettleActionAgreement_lbl" xml:lang="en-US"> Amount in principle to settle action agreement </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AmountInPrincipleToSettleActionAgreement_lbl" xml:lang="en-US"> Amount in principle to settle action agreement. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AmountInPrincipleToSettleActionAgreement_lbl" xml:lang="en-US"> Amount in principle to settle action agreement </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AmountOfSettlementUsedUpToResolveClaimsAssertedByInvestors" xlink:label="bac_AmountOfSettlementUsedUpToResolveClaimsAssertedByInvestors"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AmountOfSettlementUsedUpToResolveClaimsAssertedByInvestors" xlink:to="bac_AmountOfSettlementUsedUpToResolveClaimsAssertedByInvestors_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AmountOfSettlementUsedUpToResolveClaimsAssertedByInvestors_lbl" xml:lang="en-US"> Amount of the settlement used up to resolve claims asserted by investors </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AmountOfSettlementUsedUpToResolveClaimsAssertedByInvestors_lbl" xml:lang="en-US"> Amount of the settlement used up to resolve claims asserted by investors. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AmountOfSettlementUsedUpToResolveClaimsAssertedByInvestors_lbl" xml:lang="en-US"> Amount of the settlement used up to resolve claims asserted by investors </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PercentageOfMonetaryPortionOfInterchangeSettlement" xlink:label="bac_PercentageOfMonetaryPortionOfInterchangeSettlement"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PercentageOfMonetaryPortionOfInterchangeSettlement" xlink:to="bac_PercentageOfMonetaryPortionOfInterchangeSettlement_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PercentageOfMonetaryPortionOfInterchangeSettlement_lbl" xml:lang="en-US"> Percentage of monetary portion of Interchange settlement </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PercentageOfMonetaryPortionOfInterchangeSettlement_lbl" xml:lang="en-US"> Percentage of monetary portion of Interchange settlement. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PercentageOfMonetaryPortionOfInterchangeSettlement_lbl" xml:lang="en-US"> Percentage of monetary portion of Interchange settlement </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PercentageOfDamagesAssociated" xlink:label="bac_PercentageOfDamagesAssociated"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PercentageOfDamagesAssociated" xlink:to="bac_PercentageOfDamagesAssociated_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PercentageOfDamagesAssociated_lbl" xml:lang="en-US"> Percentage of damages associated </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PercentageOfDamagesAssociated_lbl" xml:lang="en-US"> Percentage of damages associated. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PercentageOfDamagesAssociated_lbl" xml:lang="en-US"> Percentage of damages associated </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_VisaRealtedClaimsMember" xlink:label="bac_VisaRealtedClaimsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_VisaRealtedClaimsMember" xlink:to="bac_VisaRealtedClaimsMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_VisaRealtedClaimsMember_lbl" xml:lang="en-US"> Visa realted claims [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_VisaRealtedClaimsMember_lbl" xml:lang="en-US"> Visa realted claims. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MasterCardClaimsMember" xlink:label="bac_MasterCardClaimsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MasterCardClaimsMember" xlink:to="bac_MasterCardClaimsMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MasterCardClaimsMember_lbl" xml:lang="en-US"> Master card claims [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MasterCardClaimsMember_lbl" xml:lang="en-US"> Master card claims. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_InternetworkClaimsMember" xlink:label="bac_InternetworkClaimsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_InternetworkClaimsMember" xlink:to="bac_InternetworkClaimsMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_InternetworkClaimsMember_lbl" xml:lang="en-US"> Internetwork Claims [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_InternetworkClaimsMember_lbl" xml:lang="en-US"> Internetwork Claims. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PercentageOfCompanysPaymentFromEscrowCapped" xlink:label="bac_PercentageOfCompanysPaymentFromEscrowCapped"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PercentageOfCompanysPaymentFromEscrowCapped" xlink:to="bac_PercentageOfCompanysPaymentFromEscrowCapped_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PercentageOfCompanysPaymentFromEscrowCapped_lbl" xml:lang="en-US"> Percentage of companys payment from escrow capped </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PercentageOfCompanysPaymentFromEscrowCapped_lbl" xml:lang="en-US"> Percentage of companys payment from escrow capped. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PercentageOfCompanysPaymentFromEscrowCapped_lbl" xml:lang="en-US"> Percentage of companys payment from escrow capped </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PercentageOfCompanysPaymentUsedToCoverEscrowFunds" xlink:label="bac_PercentageOfCompanysPaymentUsedToCoverEscrowFunds"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PercentageOfCompanysPaymentUsedToCoverEscrowFunds" xlink:to="bac_PercentageOfCompanysPaymentUsedToCoverEscrowFunds_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PercentageOfCompanysPaymentUsedToCoverEscrowFunds_lbl" xml:lang="en-US"> Percentage of companys payment used to cover escrow funds </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PercentageOfCompanysPaymentUsedToCoverEscrowFunds_lbl" xml:lang="en-US"> Percentage of companys payment used to cover escrow funds. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PercentageOfCompanysPaymentUsedToCoverEscrowFunds_lbl" xml:lang="en-US"> Percentage of companys payment used to cover escrow funds </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PercentageOfPaymentsForVisaRelatedDamages" xlink:label="bac_PercentageOfPaymentsForVisaRelatedDamages"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PercentageOfPaymentsForVisaRelatedDamages" xlink:to="bac_PercentageOfPaymentsForVisaRelatedDamages_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PercentageOfPaymentsForVisaRelatedDamages_lbl" xml:lang="en-US"> Percentage of payments for visa related damages </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PercentageOfPaymentsForVisaRelatedDamages_lbl" xml:lang="en-US"> Percentage of payments for visa related damages. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PercentageOfPaymentsForVisaRelatedDamages_lbl" xml:lang="en-US"> Percentage of payments for visa related damages </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PercentageOfPaymentsForInternetworkAndUnassignedDamages" xlink:label="bac_PercentageOfPaymentsForInternetworkAndUnassignedDamages"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PercentageOfPaymentsForInternetworkAndUnassignedDamages" xlink:to="bac_PercentageOfPaymentsForInternetworkAndUnassignedDamages_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PercentageOfPaymentsForInternetworkAndUnassignedDamages_lbl" xml:lang="en-US"> Percentage of payments for internetwork and unassigned damages </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PercentageOfPaymentsForInternetworkAndUnassignedDamages_lbl" xml:lang="en-US"> Percentage of payments for internetwork and unassigned damages. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PercentageOfPaymentsForInternetworkAndUnassignedDamages_lbl" xml:lang="en-US"> Percentage of payments for internetwork and unassigned damages </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_EstimatedClaimsResultedFromNetTerminationValues" xlink:label="bac_EstimatedClaimsResultedFromNetTerminationValues"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_EstimatedClaimsResultedFromNetTerminationValues" xlink:to="bac_EstimatedClaimsResultedFromNetTerminationValues_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_EstimatedClaimsResultedFromNetTerminationValues_lbl" xml:lang="en-US"> Estimated claims resulted from net termination values </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_EstimatedClaimsResultedFromNetTerminationValues_lbl" xml:lang="en-US"> Estimated claims resulted from net termination values. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_EstimatedClaimsResultedFromNetTerminationValues_lbl" xml:lang="en-US"> Estimated claims resulted from net termination values </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AmountAvailableInCash" xlink:label="bac_AmountAvailableInCash"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AmountAvailableInCash" xlink:to="bac_AmountAvailableInCash_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AmountAvailableInCash_lbl" xml:lang="en-US"> Amount available in cash </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AmountAvailableInCash_lbl" xml:lang="en-US"> Amount available in cash. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AmountAvailableInCash_lbl" xml:lang="en-US"> Amount available in cash </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AmountAvailableInAccruedInterest" xlink:label="bac_AmountAvailableInAccruedInterest"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AmountAvailableInAccruedInterest" xlink:to="bac_AmountAvailableInAccruedInterest_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AmountAvailableInAccruedInterest_lbl" xml:lang="en-US"> Amount available in accrued interest </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AmountAvailableInAccruedInterest_lbl" xml:lang="en-US"> Amount available in accrued interest. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AmountAvailableInAccruedInterest_lbl" xml:lang="en-US"> Amount available in accrued interest </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AdditionalAmountExercisedAgainstAccountHoldings" xlink:label="bac_AdditionalAmountExercisedAgainstAccountHoldings"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AdditionalAmountExercisedAgainstAccountHoldings" xlink:to="bac_AdditionalAmountExercisedAgainstAccountHoldings_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AdditionalAmountExercisedAgainstAccountHoldings_lbl" xml:lang="en-US"> Additional amount exercised against account holdings </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AdditionalAmountExercisedAgainstAccountHoldings_lbl" xml:lang="en-US"> Additional amount exercised against account holdings. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AdditionalAmountExercisedAgainstAccountHoldings_lbl" xml:lang="en-US"> Additional amount exercised against account holdings </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AmountReversedLater" xlink:label="bac_AmountReversedLater"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AmountReversedLater" xlink:to="bac_AmountReversedLater_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AmountReversedLater_lbl" xml:lang="en-US"> Amount reversed later </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AmountReversedLater_lbl" xml:lang="en-US"> Amount reversed later. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AmountReversedLater_lbl" xml:lang="en-US"> Amount reversed later </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AmountHeldInDepositAccount" xlink:label="bac_AmountHeldInDepositAccount"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AmountHeldInDepositAccount" xlink:to="bac_AmountHeldInDepositAccount_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AmountHeldInDepositAccount_lbl" xml:lang="en-US"> Amount held in deposit account </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AmountHeldInDepositAccount_lbl" xml:lang="en-US"> Amount held in deposit account. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AmountHeldInDepositAccount_lbl" xml:lang="en-US"> Amount held in deposit account </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_BonusPaymentsMadeToEmployees" xlink:label="bac_BonusPaymentsMadeToEmployees"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_BonusPaymentsMadeToEmployees" xlink:to="bac_BonusPaymentsMadeToEmployees_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_BonusPaymentsMadeToEmployees_lbl" xml:lang="en-US"> Bonus payments made to employees </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_BonusPaymentsMadeToEmployees_lbl" xml:lang="en-US"> Bonus payments made to employees. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_BonusPaymentsMadeToEmployees_lbl" xml:lang="en-US"> Bonus payments made to employees </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CommonSharesOutstandingHeld" xlink:label="bac_CommonSharesOutstandingHeld"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CommonSharesOutstandingHeld" xlink:to="bac_CommonSharesOutstandingHeld_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CommonSharesOutstandingHeld_lbl" xml:lang="en-US"> Common shares outstanding held </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CommonSharesOutstandingHeld_lbl" xml:lang="en-US"> Common shares outstanding held. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CommonSharesOutstandingHeld_lbl" xml:lang="en-US"> Common shares outstanding held </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PriceOfSecuritiesDeclined" xlink:label="bac_PriceOfSecuritiesDeclined"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PriceOfSecuritiesDeclined" xlink:to="bac_PriceOfSecuritiesDeclined_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PriceOfSecuritiesDeclined_lbl" xml:lang="en-US"> Price of securities declined </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PriceOfSecuritiesDeclined_lbl" xml:lang="en-US"> Price of securities declined. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PriceOfSecuritiesDeclined_lbl" xml:lang="en-US"> Price of securities declined </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TotalNumberOfCallOptionContracts" xlink:label="bac_TotalNumberOfCallOptionContracts"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TotalNumberOfCallOptionContracts" xlink:to="bac_TotalNumberOfCallOptionContracts_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TotalNumberOfCallOptionContracts_lbl" xml:lang="en-US"> Total number of call option contracts </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TotalNumberOfCallOptionContracts_lbl" xml:lang="en-US"> Total number of call option contracts. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_TotalNumberOfCallOptionContracts_lbl" xml:lang="en-US"> Total number of call option contracts </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TotalNumberOfPutOptionContracts" xlink:label="bac_TotalNumberOfPutOptionContracts"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TotalNumberOfPutOptionContracts" xlink:to="bac_TotalNumberOfPutOptionContracts_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TotalNumberOfPutOptionContracts_lbl" xml:lang="en-US"> Total number of put option contracts </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TotalNumberOfPutOptionContracts_lbl" xml:lang="en-US"> Total number of put option contracts. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_TotalNumberOfPutOptionContracts_lbl" xml:lang="en-US"> Total number of put option contracts </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ProceedsReceivedFromPlaintiffClaims" xlink:label="bac_ProceedsReceivedFromPlaintiffClaims"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ProceedsReceivedFromPlaintiffClaims" xlink:to="bac_ProceedsReceivedFromPlaintiffClaims_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ProceedsReceivedFromPlaintiffClaims_lbl" xml:lang="en-US"> Proceeds received from plaintiff claims </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ProceedsReceivedFromPlaintiffClaims_lbl" xml:lang="en-US"> Proceeds received from plaintiff claims. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ProceedsReceivedFromPlaintiffClaims_lbl" xml:lang="en-US"> Proceeds received from plaintiff claims </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AmountSpendForSecuritiesPurchased" xlink:label="bac_AmountSpendForSecuritiesPurchased"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AmountSpendForSecuritiesPurchased" xlink:to="bac_AmountSpendForSecuritiesPurchased_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AmountSpendForSecuritiesPurchased_lbl" xml:lang="en-US"> Amount spend for securities purchased </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AmountSpendForSecuritiesPurchased_lbl" xml:lang="en-US"> Amount spend for securities purchased. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AmountSpendForSecuritiesPurchased_lbl" xml:lang="en-US"> Amount spend for securities purchased </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LutherPlaintiffMember" xlink:label="bac_LutherPlaintiffMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LutherPlaintiffMember" xlink:to="bac_LutherPlaintiffMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LutherPlaintiffMember_lbl" xml:lang="en-US"> Luther Plaintiff [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LutherPlaintiffMember_lbl" xml:lang="en-US"> Luther Plaintiff. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MarinePlaintiffMember" xlink:label="bac_MarinePlaintiffMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MarinePlaintiffMember" xlink:to="bac_MarinePlaintiffMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MarinePlaintiffMember_lbl" xml:lang="en-US"> Marine Plaintiff [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MarinePlaintiffMember_lbl" xml:lang="en-US"> Marine Plaintiff. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_OfferingsPurchasedAsIssuedBySubsidiaries" xlink:label="bac_OfferingsPurchasedAsIssuedBySubsidiaries"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_OfferingsPurchasedAsIssuedBySubsidiaries" xlink:to="bac_OfferingsPurchasedAsIssuedBySubsidiaries_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_OfferingsPurchasedAsIssuedBySubsidiaries_lbl" xml:lang="en-US"> Offerings purchased as issued by subsidiaries </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_OfferingsPurchasedAsIssuedBySubsidiaries_lbl" xml:lang="en-US"> Offerings purchased as issued by subsidiaries. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_OfferingsPurchasedAsIssuedBySubsidiaries_lbl" xml:lang="en-US"> Offerings purchased as issued by subsidiaries </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PurchaseOfMortgageBackedSecurities" xlink:label="bac_PurchaseOfMortgageBackedSecurities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PurchaseOfMortgageBackedSecurities" xlink:to="bac_PurchaseOfMortgageBackedSecurities_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PurchaseOfMortgageBackedSecurities_lbl" xml:lang="en-US"> Purchase of mortgage backed securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PurchaseOfMortgageBackedSecurities_lbl" xml:lang="en-US"> Purchase of mortgage backed securities. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PurchaseOfMortgageBackedSecurities_lbl" xml:lang="en-US"> Purchase of mortgage backed securities </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CorporationsMember" xlink:label="bac_CorporationsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CorporationsMember" xlink:to="bac_CorporationsMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CorporationsMember_lbl" xml:lang="en-US"> Corporations [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CorporationsMember_lbl" xml:lang="en-US"> Corporations. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MaximumCompensatoryDamagesInUnspecifiedAmount" xlink:label="bac_MaximumCompensatoryDamagesInUnspecifiedAmount"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MaximumCompensatoryDamagesInUnspecifiedAmount" xlink:to="bac_MaximumCompensatoryDamagesInUnspecifiedAmount_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MaximumCompensatoryDamagesInUnspecifiedAmount_lbl" xml:lang="en-US"> Maximum compensatory damages in a unspecified amount </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MaximumCompensatoryDamagesInUnspecifiedAmount_lbl" xml:lang="en-US"> Maximum compensatory damages in a unspecified amount. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_MaximumCompensatoryDamagesInUnspecifiedAmount_lbl" xml:lang="en-US"> Maximum compensatory damages in a unspecified amount </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_MaximumCompensatoryDamagesInUnspecifiedAmountPortionOfSamesLossesActions" xlink:label="bac_MaximumCompensatoryDamagesInUnspecifiedAmountPortionOfSamesLossesActions"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_MaximumCompensatoryDamagesInUnspecifiedAmountPortionOfSamesLossesActions" xlink:to="bac_MaximumCompensatoryDamagesInUnspecifiedAmountPortionOfSamesLossesActions_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_MaximumCompensatoryDamagesInUnspecifiedAmountPortionOfSamesLossesActions_lbl" xml:lang="en-US"> Maximum compensatory damages in a unspecified amount portion of sames losses actions </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_MaximumCompensatoryDamagesInUnspecifiedAmountPortionOfSamesLossesActions_lbl" xml:lang="en-US"> Maximum compensatory damages in a unspecified amount, portion of sames losses actions. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_MaximumCompensatoryDamagesInUnspecifiedAmountPortionOfSamesLossesActions_lbl" xml:lang="en-US"> Maximum compensatory damages in a unspecified amount, portion of sames losses actions </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CompensatoryDamagesAndInterestComplaintSeeks" xlink:label="bac_CompensatoryDamagesAndInterestComplaintSeeks"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CompensatoryDamagesAndInterestComplaintSeeks" xlink:to="bac_CompensatoryDamagesAndInterestComplaintSeeks_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CompensatoryDamagesAndInterestComplaintSeeks_lbl" xml:lang="en-US"> Compensatory damages and interest complaint seeks </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CompensatoryDamagesAndInterestComplaintSeeks_lbl" xml:lang="en-US"> Compensatory damages and interest, complaint seeks. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CompensatoryDamagesAndInterestComplaintSeeks_lbl" xml:lang="en-US"> Compensatory damages and interest, complaint seeks </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DeferredTaxAssetNewConsolidationGuidance" xlink:label="bac_DeferredTaxAssetNewConsolidationGuidance"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DeferredTaxAssetNewConsolidationGuidance" xlink:to="bac_DeferredTaxAssetNewConsolidationGuidance_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DeferredTaxAssetNewConsolidationGuidance_lbl" xml:lang="en-US"> Deferred Tax Asset New Consolidation Guidance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DeferredTaxAssetNewConsolidationGuidance_lbl" xml:lang="en-US"> The aggregate tax effects as of the balance sheet date that the new consolidation guidance was implemented of all future tax deductions arising from temporary differences between tax basis and generally accepted accounting principles basis recognition of assets, liabilities, revenues and expenses, which can only be deducted for tax purposes when permitted under enacted tax laws; net of deducting the allocated valuation allowance, if any, to reduce such amount to net realizable value. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_DeferredTaxAssetNewConsolidationGuidance_lbl" xml:lang="en-US"> Deferred tax asset </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CountrywidesMember" xlink:label="bac_CountrywidesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CountrywidesMember" xlink:to="bac_CountrywidesMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CountrywidesMember_lbl" xml:lang="en-US"> Countrywides [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CountrywidesMember_lbl" xml:lang="en-US"> Countrywides. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueOptionElectionsTextBlock" xlink:label="bac_FairValueOptionElectionsTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueOptionElectionsTextBlock" xlink:to="bac_FairValueOptionElectionsTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueOptionElectionsTextBlock_lbl" xml:lang="en-US"> Fair Value Option Elections Text Block </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueOptionElectionsTextBlock_lbl" xml:lang="en-US"> Fair Value Option Elections Text Block. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FairValueOptionElectionsTextBlock_lbl" xml:lang="en-US"> Fair Value Option Elections </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueOptionElectionsAbstract" xlink:label="bac_FairValueOptionElectionsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueOptionElectionsAbstract" xlink:to="bac_FairValueOptionElectionsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueOptionElectionsAbstract_lbl" xml:lang="en-US"> Fair Value Option Elections Abstract </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueOptionElectionsAbstract_lbl" xml:lang="en-US"> Fair Value Option Elections. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FairValueOptionElectionsAbstract_lbl" xml:lang="en-US"> Fair Value Option Elections </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueCarryingAmountAssets" xlink:label="bac_FairValueCarryingAmountAssets"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueCarryingAmountAssets" xlink:to="bac_FairValueCarryingAmountAssets_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueCarryingAmountAssets_lbl" xml:lang="en-US"> Fair Value Carrying Amount Assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueCarryingAmountAssets_lbl" xml:lang="en-US"> Fair Value Carrying Amount Assets. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FairValueCarryingAmountAssets_lbl" xml:lang="en-US"> Fair Value Carrying Amount </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueCarryingAmountLiabilities" xlink:label="bac_FairValueCarryingAmountLiabilities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueCarryingAmountLiabilities" xlink:to="bac_FairValueCarryingAmountLiabilities_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueCarryingAmountLiabilities_lbl" xml:lang="en-US"> Fair Value Carrying Amount Liabilities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueCarryingAmountLiabilities_lbl" xml:lang="en-US"> Fair Value Carrying Amount Liabilities. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FairValueCarryingAmountLiabilities_lbl" xml:lang="en-US"> Fair Value Carrying Amount </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ContractualPrincipalOutstandingAssets" xlink:label="bac_ContractualPrincipalOutstandingAssets"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ContractualPrincipalOutstandingAssets" xlink:to="bac_ContractualPrincipalOutstandingAssets_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ContractualPrincipalOutstandingAssets_lbl" xml:lang="en-US"> Contractual Principal Outstanding Assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ContractualPrincipalOutstandingAssets_lbl" xml:lang="en-US"> Contractual Principal Outstanding Assets. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ContractualPrincipalOutstandingAssets_lbl" xml:lang="en-US"> Contractual Principal Outstanding </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ContractualPrincipalOutstandingLiabilities" xlink:label="bac_ContractualPrincipalOutstandingLiabilities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ContractualPrincipalOutstandingLiabilities" xlink:to="bac_ContractualPrincipalOutstandingLiabilities_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ContractualPrincipalOutstandingLiabilities_lbl" xml:lang="en-US"> Contractual Principal Outstanding Liabilities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ContractualPrincipalOutstandingLiabilities_lbl" xml:lang="en-US"> Contractual Principal Outstanding Liabilities. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ContractualPrincipalOutstandingLiabilities_lbl" xml:lang="en-US"> Contractual Principal Outstanding </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueCarryingAmountLessUnpaidPrincipalAssets" xlink:label="bac_FairValueCarryingAmountLessUnpaidPrincipalAssets"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueCarryingAmountLessUnpaidPrincipalAssets" xlink:to="bac_FairValueCarryingAmountLessUnpaidPrincipalAssets_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueCarryingAmountLessUnpaidPrincipalAssets_lbl" xml:lang="en-US"> Fair Value Carrying Amount Less Unpaid Principal Assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueCarryingAmountLessUnpaidPrincipalAssets_lbl" xml:lang="en-US"> Fair Value Carrying Amount Less Unpaid Principal Assets. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FairValueCarryingAmountLessUnpaidPrincipalAssets_lbl" xml:lang="en-US"> Fair Value Carrying Amount Less Unpaid Principal </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueCarryingAmountLessUnpaidPrincipalLiabilities" xlink:label="bac_FairValueCarryingAmountLessUnpaidPrincipalLiabilities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueCarryingAmountLessUnpaidPrincipalLiabilities" xlink:to="bac_FairValueCarryingAmountLessUnpaidPrincipalLiabilities_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueCarryingAmountLessUnpaidPrincipalLiabilities_lbl" xml:lang="en-US"> Fair Value Carrying Amount Less Unpaid Principal Liabilities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueCarryingAmountLessUnpaidPrincipalLiabilities_lbl" xml:lang="en-US"> Fair Value Carrying Amount Less Unpaid Principal Liabilities. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FairValueCarryingAmountLessUnpaidPrincipalLiabilities_lbl" xml:lang="en-US"> Fair Value Carrying Amount Less Unpaid Principal </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_EmployeeServiceShareBasedCompensationUnrecognizedCompensationCostsExpectedToRecognized" xlink:label="bac_EmployeeServiceShareBasedCompensationUnrecognizedCompensationCostsExpectedToRecognized"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_EmployeeServiceShareBasedCompensationUnrecognizedCompensationCostsExpectedToRecognized" xlink:to="bac_EmployeeServiceShareBasedCompensationUnrecognizedCompensationCostsExpectedToRecognized_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_EmployeeServiceShareBasedCompensationUnrecognizedCompensationCostsExpectedToRecognized_lbl" xml:lang="en-US"> Employee Service Share Based Compensation Unrecognized Compensation Costs, Expected to recognized </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_EmployeeServiceShareBasedCompensationUnrecognizedCompensationCostsExpectedToRecognized_lbl" xml:lang="en-US"> Employee Service Share Based Compensation Unrecognized Compensation Costs, Expected to recognized. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_EmployeeServiceShareBasedCompensationUnrecognizedCompensationCostsExpectedToRecognized_lbl" xml:lang="en-US"> Employee Service Share Based Compensation Unrecognized Compensation Costs, Expected to recognized </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AggregateFairValueOfStockOptionsAssumedInConnectionWithCompanyAcquisition" xlink:label="bac_AggregateFairValueOfStockOptionsAssumedInConnectionWithCompanyAcquisition"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AggregateFairValueOfStockOptionsAssumedInConnectionWithCompanyAcquisition" xlink:to="bac_AggregateFairValueOfStockOptionsAssumedInConnectionWithCompanyAcquisition_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AggregateFairValueOfStockOptionsAssumedInConnectionWithCompanyAcquisition_lbl" xml:lang="en-US"> Aggregate Fair Value Of Stock Options Assumed In Connection With Company Acquisition </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AggregateFairValueOfStockOptionsAssumedInConnectionWithCompanyAcquisition_lbl" xml:lang="en-US"> Aggregate fair value of stock options assumed in connection with the Merrill Lynch acquisition </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AggregateFairValueOfStockOptionsAssumedInConnectionWithCompanyAcquisition_lbl" xml:lang="en-US"> Aggregate Fair Value Of Stock Options Assumed In Connection With Company Acquisition. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SharesOutstandingUnderEspp" xlink:label="bac_SharesOutstandingUnderEspp"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SharesOutstandingUnderEspp" xlink:to="bac_SharesOutstandingUnderEspp_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SharesOutstandingUnderEspp_lbl" xml:lang="en-US"> Shares outstanding under Espp </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SharesOutstandingUnderEspp_lbl" xml:lang="en-US"> Shares outstanding under ESPP. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_SharesOutstandingUnderEspp_lbl" xml:lang="en-US"> Shares outstanding under ESPP </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SharesPurchasedUnderEspp" xlink:label="bac_SharesPurchasedUnderEspp"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SharesPurchasedUnderEspp" xlink:to="bac_SharesPurchasedUnderEspp_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SharesPurchasedUnderEspp_lbl" xml:lang="en-US"> Shares purchased under Espp </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SharesPurchasedUnderEspp_lbl" xml:lang="en-US"> Shares purchased under ESPP. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_SharesPurchasedUnderEspp_lbl" xml:lang="en-US"> Shares purchased under ESPP </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageExercisePrice" xlink:label="bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageExercisePrice"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageExercisePrice" xlink:to="bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageExercisePrice_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageExercisePrice_lbl" xml:lang="en-US"> Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Exercise Price </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageExercisePrice_lbl" xml:lang="en-US"> Outstanding at December 31, 2010, weighted-average exercise price </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageExercisePrice_lbl" xml:lang="en-US"> Outstanding at January 1, 2010, weighted-average exercise price </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageExercisePrice_lbl" xml:lang="en-US"> Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Exercise Price. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageExercisePrice" xlink:label="bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageExercisePrice"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageExercisePrice" xlink:to="bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageExercisePrice_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageExercisePrice_lbl" 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 </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageExercisePrice_lbl" xml:lang="en-US"> Granted, weighted-average exercise price </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageExercisePrice_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageExercisePrice" xlink:label="bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageExercisePrice"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageExercisePrice" xlink:to="bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageExercisePrice_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageExercisePrice_lbl" 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 </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageExercisePrice_lbl" xml:lang="en-US"> Vested, weighted-average exercise price </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageExercisePrice_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriodWeightedAverageExercisePrice" xlink:label="bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriodWeightedAverageExercisePrice"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriodWeightedAverageExercisePrice" xlink:to="bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriodWeightedAverageExercisePrice_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriodWeightedAverageExercisePrice_lbl" 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 </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriodWeightedAverageExercisePrice_lbl" xml:lang="en-US"> Cancelled, weighted-average exercise price </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriodWeightedAverageExercisePrice_lbl" 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. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_IncreasedNumberOfAuthorizedSharesOfCommonStock" xlink:label="bac_IncreasedNumberOfAuthorizedSharesOfCommonStock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_IncreasedNumberOfAuthorizedSharesOfCommonStock" xlink:to="bac_IncreasedNumberOfAuthorizedSharesOfCommonStock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_IncreasedNumberOfAuthorizedSharesOfCommonStock_lbl" xml:lang="en-US"> Increased number of authorized shares of common stock </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_IncreasedNumberOfAuthorizedSharesOfCommonStock_lbl" xml:lang="en-US"> Increased number of authorized shares of common stock. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_IncreasedNumberOfAuthorizedSharesOfCommonStock_lbl" xml:lang="en-US"> Increased number of authorized shares of common stock </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_GoodwillFairValueDisclosure" xlink:label="us-gaap_GoodwillFairValueDisclosure"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GoodwillFairValueDisclosure" xlink:to="lab_GoodwillFairValueDisclosure"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_GoodwillFairValueDisclosure" xml:lang="en-US"> Goodwill, Fair Value Disclosure </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_GoodwillFairValueDisclosure" xml:lang="en-US"> Fair value of the goodwill balance </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_StockRedeemedOrCalledDuringPeriodValue" xlink:label="us-gaap_StockRedeemedOrCalledDuringPeriodValue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockRedeemedOrCalledDuringPeriodValue" xlink:to="lab_StockRedeemedOrCalledDuringPeriodValue"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_StockRedeemedOrCalledDuringPeriodValue" xml:lang="en-US"> Stock Redeemed or Called During Period, Value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_StockRedeemedOrCalledDuringPeriodValue" xml:lang="en-US"> Repayment of preferred stock </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_DividendsPreferredStockCash" xlink:label="us-gaap_DividendsPreferredStockCash"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DividendsPreferredStockCash" xlink:to="us-gaap_DividendsPreferredStockCash_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DividendsPreferredStockCash_lbl" xml:lang="en-US"> Dividends, Preferred Stock, Cash </label>
<label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="us-gaap_DividendsPreferredStockCash_lbl" xml:lang="en-US"> Preferred stock dividends </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_RecognizedInOciOnDerivativesExcludeGainsLossesRelatedToLongTermDebtDesignatedAsNetInvestmentHedge" xlink:label="bac_RecognizedInOciOnDerivativesExcludeGainsLossesRelatedToLongTermDebtDesignatedAsNetInvestmentHedge"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_RecognizedInOciOnDerivativesExcludeGainsLossesRelatedToLongTermDebtDesignatedAsNetInvestmentHedge" xlink:to="bac_RecognizedInOciOnDerivativesExcludeGainsLossesRelatedToLongTermDebtDesignatedAsNetInvestmentHedge_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_RecognizedInOciOnDerivativesExcludeGainsLossesRelatedToLongTermDebtDesignatedAsNetInvestmentHedge_lbl" xml:lang="en-US"> Recognized in OCI on derivatives exclude gains (losses) related to long-term debt designated as a net investment hedge </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_RecognizedInOciOnDerivativesExcludeGainsLossesRelatedToLongTermDebtDesignatedAsNetInvestmentHedge_lbl" xml:lang="en-US"> Recognized in OCI on derivatives exclude gains (losses) related to long-term debt designated as a net investment hedge </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_RecognizedInOciOnDerivativesExcludeGainsLossesRelatedToLongTermDebtDesignatedAsNetInvestmentHedge_lbl" xml:lang="en-US"> Recognized in OCI on derivatives exclude gains (losses) related to long-term debt designated as a net investment hedge. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ProvisionForPurchasedCreditImpairedLoanPortfolio" xlink:label="bac_ProvisionForPurchasedCreditImpairedLoanPortfolio"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ProvisionForPurchasedCreditImpairedLoanPortfolio" xlink:to="bac_ProvisionForPurchasedCreditImpairedLoanPortfolio_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ProvisionForPurchasedCreditImpairedLoanPortfolio_lbl" xml:lang="en-US"> Provision For Purchased Credit Impaired Loan Portfolio </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ProvisionForPurchasedCreditImpairedLoanPortfolio_lbl" xml:lang="en-US"> Provision for credit losses associated with the purchased credit-impaired loan portfolio </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ProvisionForPurchasedCreditImpairedLoanPortfolio_lbl" xml:lang="en-US"> Periodic provision charged to earnings, based on an assessment of credit risk, the offset to which is either added to or deducted from the allowance account for the purpose of reducing receivable, for the purchased credit-impaired loan portfolio, to an amount that approximates their net realizable value (amount expected to be collected). </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AllowanceForLoanAndLeaseLossesAssociatedWithPurchasedCreditImpairedLoanPortfolio" xlink:label="bac_AllowanceForLoanAndLeaseLossesAssociatedWithPurchasedCreditImpairedLoanPortfolio"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AllowanceForLoanAndLeaseLossesAssociatedWithPurchasedCreditImpairedLoanPortfolio" xlink:to="bac_AllowanceForLoanAndLeaseLossesAssociatedWithPurchasedCreditImpairedLoanPortfolio_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AllowanceForLoanAndLeaseLossesAssociatedWithPurchasedCreditImpairedLoanPortfolio_lbl" xml:lang="en-US"> Allowance for loan and lease losses associated with purchased credit-impaired loan portfolio </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AllowanceForLoanAndLeaseLossesAssociatedWithPurchasedCreditImpairedLoanPortfolio_lbl" xml:lang="en-US"> Represents the allowance for loan and lease losses associated with the purchased credit-impaired loan portfolio. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AllowanceForLoanAndLeaseLossesAssociatedWithPurchasedCreditImpairedLoanPortfolio_lbl" xml:lang="en-US"> Allowance for loan and lease losses associated with purchased credit-impaired loan portfolio </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FinancialReformGoodwillImpairmentHomeLoansAndInsurance" xlink:label="bac_FinancialReformGoodwillImpairmentHomeLoansAndInsurance"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FinancialReformGoodwillImpairmentHomeLoansAndInsurance" xlink:to="bac_FinancialReformGoodwillImpairmentHomeLoansAndInsurance_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FinancialReformGoodwillImpairmentHomeLoansAndInsurance_lbl" xml:lang="en-US"> Financial Reform Goodwill Impairment Home Loans And Insurance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_FinancialReformGoodwillImpairmentHomeLoansAndInsurance_lbl" xml:lang="en-US"> Goodwill Impairment, Home Loans and Insurance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FinancialReformGoodwillImpairmentHomeLoansAndInsurance_lbl" xml:lang="en-US"> This amount represents a range for the amount of goodwill that will be impaired as a result of the signing of the financial reform bill. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NameOfBankNoteProgram" xlink:label="bac_NameOfBankNoteProgram"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NameOfBankNoteProgram" xlink:to="bac_NameOfBankNoteProgram_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NameOfBankNoteProgram_lbl" xml:lang="en-US"> Name of Bank Note Program </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NameOfBankNoteProgram_lbl" xml:lang="en-US"> Name of Bank Note Program. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NameOfBankNoteProgram_lbl" xml:lang="en-US"> Name of Bank Note Program </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NameOfMortgageBondProgram" xlink:label="bac_NameOfMortgageBondProgram"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NameOfMortgageBondProgram" xlink:to="bac_NameOfMortgageBondProgram_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NameOfMortgageBondProgram_lbl" xml:lang="en-US"> Name of mortgage Bond Program </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NameOfMortgageBondProgram_lbl" xml:lang="en-US"> Mortgage bond </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NameOfMortgageBondProgram_lbl" xml:lang="en-US"> Name of mortgage Bond Program. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LettersOfCreditExpiresInOneYearOrLess" xlink:label="bac_LettersOfCreditExpiresInOneYearOrLess"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LettersOfCreditExpiresInOneYearOrLess" xlink:to="bac_LettersOfCreditExpiresInOneYearOrLess_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LettersOfCreditExpiresInOneYearOrLess_lbl" xml:lang="en-US"> Letters of credit expires in one year or less </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_LettersOfCreditExpiresInOneYearOrLess_lbl" xml:lang="en-US"> Letters of credit, expires in one year or less </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LettersOfCreditExpiresInOneYearOrLess_lbl" xml:lang="en-US"> Letters of credit expires in one year or less. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LettersOfCreditExpiresAfterOneYearThroughThreeYears" xlink:label="bac_LettersOfCreditExpiresAfterOneYearThroughThreeYears"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LettersOfCreditExpiresAfterOneYearThroughThreeYears" xlink:to="bac_LettersOfCreditExpiresAfterOneYearThroughThreeYears_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LettersOfCreditExpiresAfterOneYearThroughThreeYears_lbl" xml:lang="en-US"> Letters of credit expires after one year through three years </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_LettersOfCreditExpiresAfterOneYearThroughThreeYears_lbl" xml:lang="en-US"> Letters of credit, expires after one year through three years </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LettersOfCreditExpiresAfterOneYearThroughThreeYears_lbl" xml:lang="en-US"> Letters of credit expires after one year through three years. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LettersOfCreditExpiresAfterThreeYearsThroughFiveYears" xlink:label="bac_LettersOfCreditExpiresAfterThreeYearsThroughFiveYears"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LettersOfCreditExpiresAfterThreeYearsThroughFiveYears" xlink:to="bac_LettersOfCreditExpiresAfterThreeYearsThroughFiveYears_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LettersOfCreditExpiresAfterThreeYearsThroughFiveYears_lbl" xml:lang="en-US"> Letters of credit expires after three years through five years </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LettersOfCreditExpiresAfterThreeYearsThroughFiveYears_lbl" xml:lang="en-US"> Letters of credit, expires after three years through five years. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_LettersOfCreditExpiresAfterThreeYearsThroughFiveYears_lbl" xml:lang="en-US"> Letters of credit, expires after three years through five years </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LettersOfCreditExpiresAfterFiveYears" xlink:label="bac_LettersOfCreditExpiresAfterFiveYears"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LettersOfCreditExpiresAfterFiveYears" xlink:to="bac_LettersOfCreditExpiresAfterFiveYears_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LettersOfCreditExpiresAfterFiveYears_lbl" xml:lang="en-US"> Letters of credit expires after five years </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LettersOfCreditExpiresAfterFiveYears_lbl" xml:lang="en-US"> Letters of credit, expires after five years. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_LettersOfCreditExpiresAfterFiveYears_lbl" xml:lang="en-US"> Letters of credit, expires after five years </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LettersOfCredit" xlink:label="bac_LettersOfCredit"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LettersOfCredit" xlink:to="bac_LettersOfCredit_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LettersOfCredit_lbl" xml:lang="en-US"> Letters of credit </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LettersOfCredit_lbl" xml:lang="en-US"> This represents the amount of letters of credit issued by a financial institution to commercial entities which act as a guarantee of payment, or as the source of payment for a specific transaction. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_LettersOfCredit_lbl" xml:lang="en-US"> Letters of credit </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PercentageOfLoansResolvedThroughRepurchaseOrMakeWholePayments" xlink:label="bac_PercentageOfLoansResolvedThroughRepurchaseOrMakeWholePayments"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PercentageOfLoansResolvedThroughRepurchaseOrMakeWholePayments" xlink:to="bac_PercentageOfLoansResolvedThroughRepurchaseOrMakeWholePayments_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PercentageOfLoansResolvedThroughRepurchaseOrMakeWholePayments_lbl" xml:lang="en-US"> Percentage of loans resolved through repurchase or make whole payments </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PercentageOfLoansResolvedThroughRepurchaseOrMakeWholePayments_lbl" xml:lang="en-US"> Percentage of loans resolved through repurchase or make-whole payments. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PercentageOfLoansResolvedThroughRepurchaseOrMakeWholePayments_lbl" xml:lang="en-US"> Percentage of loans resolved through repurchase or make-whole payments </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PercentageOfLoansResolvedThroughRescissionOrPaymentInFullByBorrower" xlink:label="bac_PercentageOfLoansResolvedThroughRescissionOrPaymentInFullByBorrower"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PercentageOfLoansResolvedThroughRescissionOrPaymentInFullByBorrower" xlink:to="bac_PercentageOfLoansResolvedThroughRescissionOrPaymentInFullByBorrower_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PercentageOfLoansResolvedThroughRescissionOrPaymentInFullByBorrower_lbl" xml:lang="en-US"> Percentage of loans resolved through rescission or payment in full by borrower </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PercentageOfLoansResolvedThroughRescissionOrPaymentInFullByBorrower_lbl" xml:lang="en-US"> Percentage of loans resolved through rescission or payment in full by borrower. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PercentageOfLoansResolvedThroughRescissionOrPaymentInFullByBorrower_lbl" xml:lang="en-US"> Percentage of loans resolved through rescission or payment in full by borrower </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NumberOfPrivateLabelSecuritizationsInSubsidiariesCapacityAsServicer" xlink:label="bac_NumberOfPrivateLabelSecuritizationsInSubsidiariesCapacityAsServicer"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NumberOfPrivateLabelSecuritizationsInSubsidiariesCapacityAsServicer" xlink:to="bac_NumberOfPrivateLabelSecuritizationsInSubsidiariesCapacityAsServicer_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NumberOfPrivateLabelSecuritizationsInSubsidiariesCapacityAsServicer_lbl" xml:lang="en-US"> Number of private label securitizations in subsidiaries capacity as servicer </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NumberOfPrivateLabelSecuritizationsInSubsidiariesCapacityAsServicer_lbl" xml:lang="en-US"> Number of private label securitizations in subsidiaries capacity as servicer. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NumberOfPrivateLabelSecuritizationsInSubsidiariesCapacityAsServicer_lbl" xml:lang="en-US"> Number of private label securitizations in subsidiaries capacity as servicer </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ExtendedNumberOfPrivateLabelSecuritizationsInSubsidiariesCapacityAsServicer" xlink:label="bac_ExtendedNumberOfPrivateLabelSecuritizationsInSubsidiariesCapacityAsServicer"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ExtendedNumberOfPrivateLabelSecuritizationsInSubsidiariesCapacityAsServicer" xlink:to="bac_ExtendedNumberOfPrivateLabelSecuritizationsInSubsidiariesCapacityAsServicer_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ExtendedNumberOfPrivateLabelSecuritizationsInSubsidiariesCapacityAsServicer_lbl" xml:lang="en-US"> Extended number of private label securitizations in subsidiaries capacity as servicer </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ExtendedNumberOfPrivateLabelSecuritizationsInSubsidiariesCapacityAsServicer_lbl" xml:lang="en-US"> Extended number of private label securitizations in subsidiaries capacity as servicer. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ExtendedNumberOfPrivateLabelSecuritizationsInSubsidiariesCapacityAsServicer_lbl" xml:lang="en-US"> Extended number of private label securitizations in subsidiaries capacity as servicer </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PercentageOfVotingRightsOfOutstandingSecuritiesRequiredToInvestigateLoansFilesAndDemandRepurchaseOfLoans" xlink:label="bac_PercentageOfVotingRightsOfOutstandingSecuritiesRequiredToInvestigateLoansFilesAndDemandRepurchaseOfLoans"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PercentageOfVotingRightsOfOutstandingSecuritiesRequiredToInvestigateLoansFilesAndDemandRepurchaseOfLoans" xlink:to="bac_PercentageOfVotingRightsOfOutstandingSecuritiesRequiredToInvestigateLoansFilesAndDemandRepurchaseOfLoans_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PercentageOfVotingRightsOfOutstandingSecuritiesRequiredToInvestigateLoansFilesAndDemandRepurchaseOfLoans_lbl" xml:lang="en-US"> Percentage of the voting rights of outstanding securities required to investigate loans files and demand repurchase of loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PercentageOfVotingRightsOfOutstandingSecuritiesRequiredToInvestigateLoansFilesAndDemandRepurchaseOfLoans_lbl" xml:lang="en-US"> Percentage of the voting rights of outstanding securities required to investigate loans files and demand repurchase of loans. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PercentageOfVotingRightsOfOutstandingSecuritiesRequiredToInvestigateLoansFilesAndDemandRepurchaseOfLoans_lbl" xml:lang="en-US"> Percentage of the voting rights of outstanding securities required to investigate loans files and demand repurchase of loans </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_NumberOfJurisdictionsForFillingIncomeTaxReturns" xlink:label="bac_NumberOfJurisdictionsForFillingIncomeTaxReturns"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_NumberOfJurisdictionsForFillingIncomeTaxReturns" xlink:to="bac_NumberOfJurisdictionsForFillingIncomeTaxReturns_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_NumberOfJurisdictionsForFillingIncomeTaxReturns_lbl" xml:lang="en-US"> Number of Jurisdictions for filling income tax returns </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_NumberOfJurisdictionsForFillingIncomeTaxReturns_lbl" xml:lang="en-US"> Number of Jurisdictions for filling income tax returns. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_NumberOfJurisdictionsForFillingIncomeTaxReturns_lbl" xml:lang="en-US"> Number of Jurisdictions for filling income tax returns </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TimePeriodForAnticipationOfResolutionsNotResultingInChangeInFinancialPosition" xlink:label="bac_TimePeriodForAnticipationOfResolutionsNotResultingInChangeInFinancialPosition"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TimePeriodForAnticipationOfResolutionsNotResultingInChangeInFinancialPosition" xlink:to="bac_TimePeriodForAnticipationOfResolutionsNotResultingInChangeInFinancialPosition_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TimePeriodForAnticipationOfResolutionsNotResultingInChangeInFinancialPosition_lbl" xml:lang="en-US"> Time period for anticipation of resolutions not resulting in a change in financial position </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_TimePeriodForAnticipationOfResolutionsNotResultingInChangeInFinancialPosition_lbl" xml:lang="en-US"> Time period for anticipation of resolutions not resulting in a change in financial position </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TimePeriodForAnticipationOfResolutionsNotResultingInChangeInFinancialPosition_lbl" xml:lang="en-US"> Time period for anticipation of resolutions not resulting in a change in financial position. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_TimePeriodForDecreaseInUnrecognizedTaxBenefitsBalance" xlink:label="bac_TimePeriodForDecreaseInUnrecognizedTaxBenefitsBalance"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_TimePeriodForDecreaseInUnrecognizedTaxBenefitsBalance" xlink:to="bac_TimePeriodForDecreaseInUnrecognizedTaxBenefitsBalance_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_TimePeriodForDecreaseInUnrecognizedTaxBenefitsBalance_lbl" xml:lang="en-US"> Time period for decrease in Unrecognized Tax Benefits balance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_TimePeriodForDecreaseInUnrecognizedTaxBenefitsBalance_lbl" xml:lang="en-US"> Time period for decrease in UTB balance. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_TimePeriodForDecreaseInUnrecognizedTaxBenefitsBalance_lbl" xml:lang="en-US"> Time period for decrease in UTB balance </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityBeginningBalance" xlink:label="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityBeginningBalance"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityBeginningBalance" xlink:to="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityBeginningBalance_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityBeginningBalance_lbl" xml:lang="en-US"> Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability beginning Balance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityBeginningBalance_lbl" xml:lang="en-US"> Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability beginning Balance. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityBeginningBalance_lbl" xml:lang="en-US"> Balance January 1 </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityEndingBalance" xlink:label="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityEndingBalance"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityEndingBalance" xlink:to="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityEndingBalance_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityEndingBalance_lbl" xml:lang="en-US"> Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Ending Balance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityEndingBalance_lbl" xml:lang="en-US"> Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Ending Balance. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="bac_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityEndingBalance_lbl" xml:lang="en-US"> Balance December 31 </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ApproximatelyPurchasedOfMortgageBackedSecuritiesIssuedBySubsidiariesInOfferings" xlink:label="bac_ApproximatelyPurchasedOfMortgageBackedSecuritiesIssuedBySubsidiariesInOfferings"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ApproximatelyPurchasedOfMortgageBackedSecuritiesIssuedBySubsidiariesInOfferings" xlink:to="bac_ApproximatelyPurchasedOfMortgageBackedSecuritiesIssuedBySubsidiariesInOfferings_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ApproximatelyPurchasedOfMortgageBackedSecuritiesIssuedBySubsidiariesInOfferings_lbl" xml:lang="en-US"> Approximately purchased of mortgage backed securities issued by subsidiaries in offerings </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ApproximatelyPurchasedOfMortgageBackedSecuritiesIssuedBySubsidiariesInOfferings_lbl" xml:lang="en-US"> Approximately purchased of mortgage backed securities issued by subsidiaries in offerings. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ApproximatelyPurchasedOfMortgageBackedSecuritiesIssuedBySubsidiariesInOfferings_lbl" xml:lang="en-US"> Approximately purchased of mortgage backed securities issued by subsidiaries in offerings </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_IrrevocablePayment" xlink:label="bac_IrrevocablePayment"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_IrrevocablePayment" xlink:to="bac_IrrevocablePayment_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_IrrevocablePayment_lbl" xml:lang="en-US"> Irrevocable payment </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_IrrevocablePayment_lbl" xml:lang="en-US"> Irrevocable payment. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_IrrevocablePayment_lbl" xml:lang="en-US"> Irrevocable payment </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AmountOfTurnoverSetOffFromOtherAccounts" xlink:label="bac_AmountOfTurnoverSetOffFromOtherAccounts"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AmountOfTurnoverSetOffFromOtherAccounts" xlink:to="bac_AmountOfTurnoverSetOffFromOtherAccounts_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AmountOfTurnoverSetOffFromOtherAccounts_lbl" xml:lang="en-US"> Amount of turnover set off from other accounts </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AmountOfTurnoverSetOffFromOtherAccounts_lbl" xml:lang="en-US"> Amount of turnover set off from other accounts. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AmountOfTurnoverSetOffFromOtherAccounts_lbl" xml:lang="en-US"> Amount of turnover set off from other accounts </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AdditionalTurnoverAccountForChangeInForeignExchangeRate" xlink:label="bac_AdditionalTurnoverAccountForChangeInForeignExchangeRate"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AdditionalTurnoverAccountForChangeInForeignExchangeRate" xlink:to="bac_AdditionalTurnoverAccountForChangeInForeignExchangeRate_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AdditionalTurnoverAccountForChangeInForeignExchangeRate_lbl" xml:lang="en-US"> Additional turnover account for change in foreign exchange rate </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AdditionalTurnoverAccountForChangeInForeignExchangeRate_lbl" xml:lang="en-US"> Additional turnover account for change in foreign exchange rate. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AdditionalTurnoverAccountForChangeInForeignExchangeRate_lbl" xml:lang="en-US"> Additional turnover account for change in foreign exchange rate </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CashEquivalentsAtCarryingValueImpactOfNewConsolidationGuidance" xlink:label="bac_CashEquivalentsAtCarryingValueImpactOfNewConsolidationGuidance"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CashEquivalentsAtCarryingValueImpactOfNewConsolidationGuidance" xlink:to="bac_CashEquivalentsAtCarryingValueImpactOfNewConsolidationGuidance_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CashEquivalentsAtCarryingValueImpactOfNewConsolidationGuidance_lbl" xml:lang="en-US"> Cash Equivalents At Carrying Value Impact Of New Consolidation Guidance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CashEquivalentsAtCarryingValueImpactOfNewConsolidationGuidance_lbl" xml:lang="en-US"> Cash and cash equivalents </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CashEquivalentsAtCarryingValueImpactOfNewConsolidationGuidance_lbl" xml:lang="en-US"> Beginning balance as a result of the impact of the new consolidation guidance of cash equivalents, excluding items classified as marketable securities, include short-term, highly liquid investments that are both readily convertible to known amounts of cash, and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three years ago does not become a cash equivalent when its remaining maturity is three months. Compensating balance arrangements that do not legally restrict the withdrawal or usage of cash equivalents may be reported as cash equivalents, while legally restricted equivalents held as compensating balances against borrowing arrangements, contracts entered into with others, or company statements of intention with regard to particular equivalents should not be reported as part of unrestricted cash equivalents. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_DeclineInDiscountRate" xlink:label="bac_DeclineInDiscountRate"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_DeclineInDiscountRate" xlink:to="bac_DeclineInDiscountRate_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_DeclineInDiscountRate_lbl" xml:lang="en-US"> Decline in the discount rate </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_DeclineInDiscountRate_lbl" xml:lang="en-US"> Decline in the discount rate. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_DeclineInDiscountRate_lbl" xml:lang="en-US"> Decline in the discount rate </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_LoansAndLeasesReceivableNetReportedAmountExcludingLoansMeasuredAtFairValue" xlink:label="bac_LoansAndLeasesReceivableNetReportedAmountExcludingLoansMeasuredAtFairValue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_LoansAndLeasesReceivableNetReportedAmountExcludingLoansMeasuredAtFairValue" xlink:to="bac_LoansAndLeasesReceivableNetReportedAmountExcludingLoansMeasuredAtFairValue_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_LoansAndLeasesReceivableNetReportedAmountExcludingLoansMeasuredAtFairValue_lbl" xml:lang="en-US"> Carrying value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_LoansAndLeasesReceivableNetReportedAmountExcludingLoansMeasuredAtFairValue_lbl" xml:lang="en-US"> Reflects the aggregate carrying amount of all categories of loans and leases held in portfolio, net of unearned income and the allowance for losses on loans and leases. The aggregate carrying amount also excludes loans measured at fair value. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_LoansAndLeasesReceivableNetReportedAmountExcludingLoansMeasuredAtFairValue_lbl" xml:lang="en-US"> Carrying value </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ConversionOfPreferredStockValueConverted" xlink:label="bac_ConversionOfPreferredStockValueConverted"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ConversionOfPreferredStockValueConverted" xlink:to="bac_ConversionOfPreferredStockValueConverted_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ConversionOfPreferredStockValueConverted_lbl" xml:lang="en-US"> Conversion Of Preferred Stock Value Converted </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ConversionOfPreferredStockValueConverted_lbl" xml:lang="en-US"> Preferred stock value exchange for common stock </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ConversionOfPreferredStockValueConverted_lbl" xml:lang="en-US"> Conversion Of Preferred Stock Value Converted. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ConversionOfCommonStockSharesIssued" xlink:label="bac_ConversionOfCommonStockSharesIssued"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ConversionOfCommonStockSharesIssued" xlink:to="bac_ConversionOfCommonStockSharesIssued_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ConversionOfCommonStockSharesIssued_lbl" xml:lang="en-US"> Conversion Of Common Stock Shares Issued </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ConversionOfCommonStockSharesIssued_lbl" xml:lang="en-US"> Common stock issued in exchange of preferred stock </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ConversionOfCommonStockSharesIssued_lbl" xml:lang="en-US"> Conversion Of Common Stock Shares Issued. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ConversionOfCommonStockAmountIssued" xlink:label="bac_ConversionOfCommonStockAmountIssued"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ConversionOfCommonStockAmountIssued" xlink:to="bac_ConversionOfCommonStockAmountIssued_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ConversionOfCommonStockAmountIssued_lbl" xml:lang="en-US"> Conversion Of Common Stock Amount Issued </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ConversionOfCommonStockAmountIssued_lbl" xml:lang="en-US"> Common stock issued in exchange of preferred stock </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ConversionOfCommonStockAmountIssued_lbl" xml:lang="en-US"> Conversion Of Common Stock Amount Issued. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_ExchangeOfCreditCardLoanToHeldToMaturityDebtSecurity" xlink:label="bac_ExchangeOfCreditCardLoanToHeldToMaturityDebtSecurity"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_ExchangeOfCreditCardLoanToHeldToMaturityDebtSecurity" xlink:to="bac_ExchangeOfCreditCardLoanToHeldToMaturityDebtSecurity_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_ExchangeOfCreditCardLoanToHeldToMaturityDebtSecurity_lbl" xml:lang="en-US"> Exchange Of Credit Card Loan To Held To Maturity Debt Security </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_ExchangeOfCreditCardLoanToHeldToMaturityDebtSecurity_lbl" xml:lang="en-US"> Exchange of credit card loan held to maturity debit security </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_ExchangeOfCreditCardLoanToHeldToMaturityDebtSecurity_lbl" xml:lang="en-US"> Exchange Of Credit Card Loan to Held to Maturity Debt Security. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_AllowanceOfLoanAndLeaseLossesRelatedToCreditCardToHeldToMaturityDebtSecurity" xlink:label="bac_AllowanceOfLoanAndLeaseLossesRelatedToCreditCardToHeldToMaturityDebtSecurity"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_AllowanceOfLoanAndLeaseLossesRelatedToCreditCardToHeldToMaturityDebtSecurity" xlink:to="bac_AllowanceOfLoanAndLeaseLossesRelatedToCreditCardToHeldToMaturityDebtSecurity_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_AllowanceOfLoanAndLeaseLossesRelatedToCreditCardToHeldToMaturityDebtSecurity_lbl" xml:lang="en-US"> Allowance Of Loan And Lease Losses Related To Credit Card To Held To Maturity Debt Security </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_AllowanceOfLoanAndLeaseLossesRelatedToCreditCardToHeldToMaturityDebtSecurity_lbl" xml:lang="en-US"> Exchange of loan and lease lossses realted to credit card to held to maturity debit security </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_AllowanceOfLoanAndLeaseLossesRelatedToCreditCardToHeldToMaturityDebtSecurity_lbl" xml:lang="en-US"> Allowance Of Loan And Lease Losses Related To Credit Card To Held To Maturity Debt Security. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_HeldToMaturityDebtSecuritiesValueInExchangeOfCreditCardLoanAndRelatedAllowanceForLoanAndLeases" xlink:label="bac_HeldToMaturityDebtSecuritiesValueInExchangeOfCreditCardLoanAndRelatedAllowanceForLoanAndLeases"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_HeldToMaturityDebtSecuritiesValueInExchangeOfCreditCardLoanAndRelatedAllowanceForLoanAndLeases" xlink:to="bac_HeldToMaturityDebtSecuritiesValueInExchangeOfCreditCardLoanAndRelatedAllowanceForLoanAndLeases_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_HeldToMaturityDebtSecuritiesValueInExchangeOfCreditCardLoanAndRelatedAllowanceForLoanAndLeases_lbl" xml:lang="en-US"> Held To Maturity Debt Securities Value In Exchange Of Credit Card Loan And Related Allowance For Loan And Leases </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_HeldToMaturityDebtSecuritiesValueInExchangeOfCreditCardLoanAndRelatedAllowanceForLoanAndLeases_lbl" xml:lang="en-US"> Held to maturity debt securities value in exchange of credit card loan and related allowance for loan and leases </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_HeldToMaturityDebtSecuritiesValueInExchangeOfCreditCardLoanAndRelatedAllowanceForLoanAndLeases_lbl" xml:lang="en-US"> Held To Maturity Debt Securities Value In Exchange Of Credit Card Loan And Related Allowance For Loan And Leases. </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired" xlink:label="us-gaap_NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired" xlink:to="lab_NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired" xml:lang="en-US"> Noncash or Part Noncash Acquisition, Value of Assets Acquired </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired" xml:lang="en-US"> Noncash or Part Noncash Acquisition, Value of Assets Acquired, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired" xml:lang="en-US"> Acquisition-date fair values of non-cash assets acquired in the Merrill Lynch & Co., Inc </label>
<loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/elts/us-gaap-2009-01-31.xsd#us-gaap_NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed" xlink:label="us-gaap_NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed" xlink:to="lab_NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed" xml:lang="en-US"> Noncash or Part Noncash Acquisition, Value of Liabilities Assumed </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed" xml:lang="en-US"> Noncash or Part Noncash Acquisition, Value of Liabilities Assumed, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed" xml:lang="en-US"> Fair values of liabilities assumed in the Merrill Lynch & Co., Inc. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CommonStockIssuedDuringPeriodSharesAcquisitions" xlink:label="bac_CommonStockIssuedDuringPeriodSharesAcquisitions"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CommonStockIssuedDuringPeriodSharesAcquisitions" xlink:to="bac_CommonStockIssuedDuringPeriodSharesAcquisitions_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CommonStockIssuedDuringPeriodSharesAcquisitions_lbl" xml:lang="en-US"> Common Stock Issued During Period Shares Acquisitions </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CommonStockIssuedDuringPeriodSharesAcquisitions_lbl" xml:lang="en-US"> Number of Common Stock shares issued in connection with Merrill Lynch acquisition </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CommonStockIssuedDuringPeriodSharesAcquisitions_lbl" xml:lang="en-US"> Common Stock Issued During Period Shares Acquisitions. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_CommonStockIssuedDuringPeriodValueAcquisitions" xlink:label="bac_CommonStockIssuedDuringPeriodValueAcquisitions"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_CommonStockIssuedDuringPeriodValueAcquisitions" xlink:to="bac_CommonStockIssuedDuringPeriodValueAcquisitions_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_CommonStockIssuedDuringPeriodValueAcquisitions_lbl" xml:lang="en-US"> Common Stock Issued During Period Value Acquisitions </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_CommonStockIssuedDuringPeriodValueAcquisitions_lbl" xml:lang="en-US"> Common Stock value issued in connection with Merrill Lynch acquisition </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_CommonStockIssuedDuringPeriodValueAcquisitions_lbl" xml:lang="en-US"> Common Stock Issued During Period Value Acquisitions. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PreferredStockIssuedDuringPeriodSharesAcquisitions" xlink:label="bac_PreferredStockIssuedDuringPeriodSharesAcquisitions"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PreferredStockIssuedDuringPeriodSharesAcquisitions" xlink:to="bac_PreferredStockIssuedDuringPeriodSharesAcquisitions_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PreferredStockIssuedDuringPeriodSharesAcquisitions_lbl" xml:lang="en-US"> Preferred Stock Issued During Period Shares Acquisitions </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PreferredStockIssuedDuringPeriodSharesAcquisitions_lbl" xml:lang="en-US"> Number of Preferred Stock shares issued in connection with Merrill Lynch acquisition </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PreferredStockIssuedDuringPeriodSharesAcquisitions_lbl" xml:lang="en-US"> Preferred Stock Issued During Period Shares Acquisitions. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_PreferredStockIssuedDuringPeriodValueAcquisitions" xlink:label="bac_PreferredStockIssuedDuringPeriodValueAcquisitions"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_PreferredStockIssuedDuringPeriodValueAcquisitions" xlink:to="bac_PreferredStockIssuedDuringPeriodValueAcquisitions_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_PreferredStockIssuedDuringPeriodValueAcquisitions_lbl" xml:lang="en-US"> Preferred Stock Issued During Period Value Acquisitions </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_PreferredStockIssuedDuringPeriodValueAcquisitions_lbl" xml:lang="en-US"> Preferred Stock value issued in connection with Merrill Lynch acquisition </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_PreferredStockIssuedDuringPeriodValueAcquisitions_lbl" xml:lang="en-US"> Preferred Stock Issued During Period Value Acquisitions. </label>
<loc xlink:type="locator" xlink:href="bac-20101231.xsd#bac_SecuritizationOfResidentialMortgageLoansIntoMortgageBackedSecurities" xlink:label="bac_SecuritizationOfResidentialMortgageLoansIntoMortgageBackedSecurities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bac_SecuritizationOfResidentialMortgageLoansIntoMortgageBackedSecurities" xlink:to="bac_SecuritizationOfResidentialMortgageLoansIntoMortgageBackedSecurities_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bac_SecuritizationOfResidentialMortgageLoansIntoMortgageBackedSecurities_lbl" xml:lang="en-US"> Securitization of residential mortgage loans into mortgage backed securities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="bac_SecuritizationOfResidentialMortgageLoansIntoMortgageBackedSecurities_lbl" xml:lang="en-US"> Securitization of residential mortgage loans into mortgage backed securities. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="bac_SecuritizationOfResidentialMortgageLoansIntoMortgageBackedSecurities_lbl" xml:lang="en-US"> Securitization of residential mortgage loans into mortgage backed securities </label>
</labelLink>
</linkbase>

11 Subsequent Filings that Reference this Filing

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 2/20/24  Bank of America Corp./DE          10-K       12/31/23  200:61M
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11/10/22  Bank of America Corp./DE          SC TO-I                7:1.3M Bank of America Corp./DE          Donnelley … Solutions/FA
 2/22/22  Bank of America Corp./DE          10-K       12/31/21  201:72M
 8/02/21  Bank of America Corp./DE          S-3/A                 12:4.2M                                   Donnelley … Solutions/FA
 6/25/21  Bank of America Corp./DE          S-3                   10:2.9M                                   Donnelley … Solutions/FA
 2/24/21  Bank of America Corp./DE          10-K       12/31/20  199:66M
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12/02/11  SEC                               UPLOAD10/03/17    1:52K  Bank of America Corp./DE
 8/03/11  SEC                               UPLOAD10/03/17    1:69K  Bank of America Corp./DE
 6/06/11  SEC                               UPLOAD10/03/17    1:189K Bank of America Corp./DE
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