I'm strongly opposed to the idea of citizens using government-run banks accounts. The Soviets did this and proved how easy it is for the government to control what people buy, down to the individual level a la social credit scores.
Even if the government today were to wield that power safely its simply too much risk to load that gun and hand it to all future administrations.
We need banking services like accounts and transactions but there’s no good reason that couldn’t be operated as a public utility.