BAC Bank of America Corporation

Bank of America Corporation (“BAC”)

$10.00 per unit

Approximately two years, if not called

PHLX Housing Sector^SM Index (Bloomberg symbol: “HGX”)

The notes will be called automatically on the Observation Date if the closing level of the Market Measure is equal to or greater than the Call Level

100% of the Starting Value

Approximately one year from the pricing date

$10.90 if called on the first Observation Date

•    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

[113% to 119%] of the Starting Value, to be determined on the pricing date

[$1.30 to $1.90] per unit, a [13% to 19%] return over the principal amount, to be determined on the pricing date

100% of the Starting Value

None.

http://www.sec.gov/Archives/edgar/data/70858/000119312515235646/d948516d424b2.htm

No

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

Click on the Preliminary Offering Documents hyperlink above or call your Financial Advisor for a hard copy.

If your notes are not called prior to maturity, 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.

If called, your return on the notes is limited to the Call Premium.

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.

The securities included in the Market Measure are concentrated in a single sector; the Market Measure is heavily concentrated in a small number of index components.

The housing construction industry is significantly affected by general and local economic conditions and real estate markets as well as by weather conditions, natural disasters, and geopolitical events, any of which could adversely affect the performance of the companies included in the Index.