Opening a bank account has changed a lot over the past several years. We can truthfully say that today’s financial institution world isn’t like that of our parents.Traditional banks, also known as brick-and-mortar banks, have multiple physical branches. The original concept of traditional banks was that you did business face to face and built a relationship with your neighborhood banker. Traditionally, you also banked during “banker’s hours,” typically 9 a.m. to 5 p.m.