Like some of its competitors, Bank of America Corp. is shrinking its local brick-and-mortar footprint as more customers do their banking online. From 2013 to 2018, it closed 20 branches in metro Boston.

But on Wednesday, the bank (NYSE: BAC) celebrates the grand opening of a 10,000-square-foot financial center in Cambridge’s Kendall Square — a gigantic new office, considering that branches half that size are considered large by banking executives.

The location will house not only traditional…

Boston Biz Journal