For all time horizons, Bank of America default probabilities are in the riskier half of the peer group. Taking still another view, the actual and statistically predicted Bank of America Corporation credit ratings both show a rating in the lower half of "investment grade" territory. The statistically predicted rating is 2 notches below the legacy rating, those of Moody's (MCO) and Standard & Poor's (MHFI). The legacy credit ratings of Bank of America Corporation have changed six times in the last decade.