Eric Howard Joins Bank of America Auto Team in Virginia

RICHMOND, Va., March 22 /PRNewswire-FirstCall/ -- Bank of America announced today that Eric Howard has joined the bank as a Dealer Financial Services client manager serving automobile dealers in Virginia.

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In his new role, Howard represents a team of financial, product and industry experts who leverage the resources of Bank of America to meet the financial needs of new-car franchise automobile dealers.

"Our dealer clients in Virginia will benefit from Eric's considerable knowledge of the dealer business as well as his experience in serving personal financial needs through private banking," said Karen Holley, Southeast regional commercial sales manager for auto.

Howard has 19 years of experience in financial services, the majority of that time in roles focusing on automobile dealers. He has also had tenures in private banking, middle market banking and cash management. He comes to Bank of America from JPMorgan Chase, where he had worked since 1997.

Howard received a Bachelor Degree with an emphasis in Finance from the University of Louisville.

Through its Dealer Financial Services unit, Bank of America provides retail loan financing and the full range of commercial banking services to dealers in the automobile, recreational vehicle, marine and motorcycle industries across the United States. These services include comprehensive inventory financing, commercial loans, depository services, and merchant and treasury management services. Bank of America has relationships with more than 10,000 dealer clients and manages over $38 billion in consumer and commercial loans through Dealer Financial Services.

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 more than 38 million consumer and small business relationships with more than 5,800 retail banking offices, more than 16,700 ATMs and award-winning online banking with more than 14 million active users. Bank of America is the No. 1 overall Small Business Administration (SBA) lender in the United States and the No. 1 SBA lender to minority-owned small businesses. The company serves clients in 150 countries and has relationships with 97 percent of the U.S. Fortune 500 companies and 79 percent of the Global Fortune 500. Bank of America Corporation stock is listed on the New York Stock Exchange.

http://www.bankofamerica.com/