February 27, 2012

Community Reinvestment Fund, USA Receives an Additional $125,000 Lending Capital Reserve Grant from Bank of America

FOR IMMEDIATE RELEASE

For more information contact:
Katelyn Bednarski
Community Reinvestment Fund, USA
612-305-2550
katelyn@crfusa.com

Grant will help CRF continue to bring increased capital to small businesses in low-income communities across the country

MINNEAPOLIS – February 27, 2012, – Community Reinvestment Fund, USA (CRF), a non-profit
organization that connects community development lenders with the capital resources of Wall Street, today
announced it received another $125,000 lending capital reserve grant from the Bank of America Charitable
Foundation.

This grant will be used to fund loan reserves for CRF’s Small Business Administration (SBA) 7(a) small
business lending program, allowing CRF to provide greater access to capital for small businesses in need of
business equipment, facility improvements, working capital and debt refinancing. CRF’s small business lending
program helps businesses create jobs and improve the lives of people in underserved communities across the
country. This is the second such grant that CRF has received from the Bank of America Charitable Foundation for
this purpose.

On Monday, February 27, 2012, Dan Statsick, market director and senior vice president of U.S. Trust,
Bank of America Private Wealth Management, was on hand at 9:30 a.m. to present the check for $125,000 to
CRF.

“Without sufficient access to financing, small business owners would be unable to continue to grow and
support their local economies,” said Frank Altman, president and chief executive officer for CRF. “Bank of
America’s continued generosity will allow us to support the small businesses that are essential to the success of
the economic recovery.”

With market conditions affecting credit availability and more distressed communities seeking capital than
ever before, CRF is uniquely able to initiate economic recovery at the grassroots level. Since 1988, CRF has
helped drive more than $1.3 billion in private capital to underserved communities, directly benefitting more than
520,000 people, including creating or retaining more than 47,000 jobs.

“CRF has shown that it is an organization with a tremendous ability to promote small business growth,”
said Linda Lenza, senior vice president, Corporate Social Responsibility, Bank of America. “We are excited to
continue to support CRF’s efforts to provide capital for small businesses and improve the lives of people in low- to
moderate- income communities.”

Bank of America is the nation’s leading investor in CDFIs, with more than $1 billion invested with 120
CDFIs in 37 states.

About CRF

Community Reinvestment Fund, USA (CRF), a non-profit organization and certified Community
Development Financial Institution (CDFI), is the nation’s leader in bringing capital to public and private, non-profit
community development lenders through the secondary market for community development loans. Formed in
1988, CRF has injected more than $1.3 billion into low-income and economically disadvantaged communities
around the country to help stimulate job creation and economic development, provide affordable housing, and
support community facilities. CRF is headquartered in Minneapolis, MN. www.crfusa.com.

About Bank of America

Bank of America is one of the world's largest financial institutions, serving individual consumers, small and
middle-market businesses and large corporations with a full range of banking, investing, asset management
and other financial and risk management products and services. The company provides unmatched convenience
in the United States, serving approximately -57 million consumer and small business relationships with
approximately 5,700 retail banking offices and approximately 17,750 ATMs and award-winning online banking with
30 million active users. Bank of America is among the world's leading wealth management companies and is a
global leader in corporate and investment banking and trading across a broad range of asset classes, serving
corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading
support to approximately 4 million small business owners through a suite of innovative, easy-to-use online
products and services. The company serves clients through operations in more than 40 countries. Bank of America
Corporation stock (NYSE: BAC) is a component of the Dow Jones Industrial Average and is listed on the New York
Stock Exchange.

www.bankofamerica.com