no it doesn't. there is no financial reward from having a deposit in a bank, and therefore there should be no risk. the measly interest that a savings account pays shouldn't even be considered.

we are _forced_ to use banks because of the need for cashless transactions. if government had a bank that 1) did not engage in lendigg or investment; 2) offered no interest payments on deposits; 3) only settled cashless transactions -- i would use that, and i bet most people would.