Bank of America(logo)
                                                   100 North Tryon Street
                                                   Charlotte, NC 28255

                                                   Tel 704.386.5000

Amendment No. 1 (Dated April 24, 2000) to
Pricing Supplement No. 0253 Dated April 18, 2000         Rule 424(b)(2)
(To Prospectus dated May 21, 1998 and                   File number: 333-51367
Prospectus Supplement dated November 16, 1998)

Subordinated Medium-Term Notes, Series H


Principal Amount:                                 $  25,000,000.00
Issue Price:                      100.000%        $  25,000,000.00
Commission or Discount:             1.050%        $     262,500.00
Proceeds to Corporation:           98.950%        $  24,737,500.00

Agent:                   Solomon Smith Barney, as Principal (1)

Original Issue Date:     May 5, 2000

Stated Maturity Date:    May 5, 2010

Cusip #:                 06050NAT2

Form:                    Book-entry only

Interest Rate:           7.75% per annum

Interest Payment Dates:  Semi-annually on May 5th and November 5th,
                         commencing November 5, 2000

May the Notes be redeemed by the corporation prior
 to maturity?                                          Yes (See below)

The notes will be subject to redemption at the option of the Corporation,
in whole, on the Interest Payment Date occuring May 5, 2003 and on any
Interest Payment Date occurring in May or November thereafter at a redemption
price equal to 100% of the principal amount of the Notes, plus accrued
interest thereon, if any, upon at least 35 calendar days prior notice
to the NoteHolder and the Trustee, as described in the Prospectus Supplement.

May the notes be repaid prior to maturity at the option of the
 holder?                                               No

Discount Note?                                         No

(1):  Notes purchased by the Agent as principal may be resold to investors
      and other purchasers at varying prices relating to prevailing market
      prices at the time of resale as determined by Merrill Lynch & Co.