Bank of America Corp.’s new chief executive, Brian Moynihan, will receive a base salary of $950,000 this year, according to a source familiar with his employment agreement.

That is 36 percent less than predecessor Ken Lewis’s base pay in 2008 – the last year he received a salary from the bank – but is in line with the pay of chief executives at the other large banks that year.

Base salary is generally a small portion of a bank CEO’s total compensation. Stock options, cash bonuses or other awards usually make up the bulk of their pay.

In 2009, a public furor over bank executives’ pay and bonuses — along with new government oversight — led some banks to curb compensation for senior executives.

A Bank of America spokesman said the bank had no comment on Moynihan’s pay.

Moynihan will earn more in base pay than Wells Fargo & Co. Chief Executive John Stumpf earned in 2008 at the height of the financial crisis. Stumpf received $878,920, the lowest base salary among the four largest U.S. banks.

JPMorgan Chase & Co. Chief Executive Jamie Dimon received $1 million in base pay that year, while Citigroup Inc. CEO Vikram Pandit received $958,000.

Lewis received a base salary of $1.5 million in 2008. He forfeited any pay and bonus in 2009 and retired from the bank on December 31.