BAC Bank of America Corporation

Market-Linked Step Up Notes Linked to the STOXX^® Europe 600 Banks Index

This graph reflects the hypothetical return on the notes, based on the

mid-point of the range(s) set forth in the table to the left. This graph has

been prepared for purposes of illustration only.

Bank of America Corporation (“BAC”)

$10.00 per unit

Approximately two years

STOXX^® Europe 600 Banks Index (Bloomberg symbol: “SX7P”)

  Payout Profile at

  Maturity

•    If the Market Measure is flat or increases up to the Step Up Value, a return equal to the Step Up Payment

•    If the Market Measure increases above the Step Up Value, a return equal to the percentage increase in the Market Measure

•    1-to-1 downside exposure to decreases in the Market Measure , with up to 100% of your principal at risk

[115% to 121%] of the Starting Value, to be determined on the pricing date

[$1.50 to $2.10] per unit, a [15% to 21%] return over the principal amount, to be determined on the pricing date

100% of the Starting Value

None

  Preliminary Offering  

  Documents

http://www.sec.gov/Archives/edgar/data/70858/000119312515262333/d13077d424b2.htm

No

You should read the relevant Preliminary Offering Documents before you invest.

Risk Factors

Please see the Preliminary Offering Documents for a description of certain risks related to this investment, including, but not limited to, the following:

Depending on the performance of the Market Measure as measured shortly before the maturity date, your investment may result in a loss; there is no guaranteed return of principal.

Payments on the notes are subject to the credit risk of BAC, and actual or perceived changes in the creditworthiness of BAC are expected to affect the value of the notes. If BAC becomes insolvent or is unable to pay its obligations, you may lose your entire investment.

The initial estimated value of the notes on the pricing date will be less than their public offering price.

If you attempt to sell the notes prior to maturity, their market value may be lower than both the public offering price and the initial estimated value of the notes on the pricing date.

You will have no rights of a holder of the securities represented by the Market Measure, and you will not be entitled to receive securities or dividends or other distributions by the issuers of those securities.

Your return on the notes may be affected by factors affecting the international securities markets, specifically changes in the Eurozone. In addition, you will not obtain the benefit of any increase in the value of the euro against the U.S. dollar which you would have received if you had owned the securities in the Market Measure during the term of your notes, although the level of the Market Measure may be adversely affected by general exchange rate movements in the market.

The stocks included in the Market Measure are concentrated in one sector, and adverse conditions in the financial sector may reduce your return on the notes.

Economic conditions have adversely impacted the stock prices of many companies in the financial services sector, and may do so during the term of the notes.