Difference is the banks are insured. Banks can make bad investments with deposits and do go bankrupt. 2012 had lots of banks going bust when they invested in

Difference is the banks are insured. Banks can make bad investments with deposits and do go bankrupt. 2012 had lots of banks going bust when they invested in mortgage backed securities which is ironic because they were the ones originating these bad loans and they had to know they were garbage.