Bank of America and the National Education Association (NEA) today announced the long-term renewal of their agreement to offer NEA-branded credit card products to NEA members.

“We are excited to continue our long-term relationship with the NEA,” said Jill Calabrese Bain, Partner Banking and Investments executive at Bank of America. “We’ve partnered with the NEA for more than 30 years, and we look forward to continuing to deliver valuable credit card products and services to its members well into the next decade.”

The NEA and Bank of America relationship dates back to 1983, when the NEA signed an affinity marketing agreement and became one of the first co-branded credit card agreements in the industry.

“Endorsing a credit card program was a new venture back then, but it has really paid off for our members,” said Gary Phoebus, president and CEO of NEA Member Benefits. “It was really an easy decision to extend this partnership because of Bank of America’s nationwide presence, world-class credit card products, industry recognition as best-in-class in credit card fraud prevention, and their responsiveness in meeting our members’ needs. At NEA Member Benefits, we take pride in being advocates for members and providing them valuable and trustworthy service — throughout their careers and beyond.”

Bank of America currently offers NEA members the NEA Cash 123 and NEA World Points Rewards credit cards. NEA members can apply for these products or a number of other available NEA-sponsored credit cards online. To apply, or for more information about fees and rates, visit www.neamb.com.

NEA and NEA Member Benefits
The National Education Association (NEA) is the nation's largest professional employee organization, representing 3 million K-12 educators, higher education faculty, education support professionals, school administrators, retired educators and students preparing to become educators. NEA Member Benefits is a wholly-owned subsidiary of the NEA charged with bringing additional value to Association membership by providing financial products and professional solutions tailored for NEA members and their families.

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 50 million consumer and small business relationships with approximately 5,100 retail banking offices and approximately 16,300 ATMs and award-winning online banking with 30 million active users and more than 14 million mobile 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 3 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 listed on the New York Stock Exchange.

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