Bitcoin don't need a physical location and I don't see any good reason for them to do this, but the government is very good at one thing though, that's taking advantage of the public's fund, if they are creating a Bitcoin bank then it is for no other reasons than what they have been doing before.

Who would dare use banks for Bitcoin reasons? Anyone here? Because it can never be me, a physical Bitcoin bank breaks all the reason why Bitcoin existed in the first place, peer to peer, decentralisation, etc. You must be dumb for such thing to confuse you enough and trust your Bitcoin with the banks.