I would be terrified to put money in a California-government-run banking institution. What if they decided that I had too much money? What if they decided the

I would be terrified to put money in a California-government-run banking institution. What if they decided that I had too much money? What if they decided they didn't like who I voted for? They'd just close the account and seize the money, and you'd have no recourse at all, because it's the state doing it.