At 64, Hugh L. McColl Jr., chief executive of Bank of America Corp., is reaching retirement age. He has been one of the foremost pioneers of interstate banking. He engineered the expansion of what had been a $12 billion Charlotte bank, North Carolina National Bank, into what has become the nation's second-largest banking company, with assets of $680 billion. With this history behind him, McColl has a rich perspective of the past and a strong platform for seeing the future.

Following are excerpts from an interview with McColl by U.S. Banker editor-in-chief Robert A. Bennett.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.