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Dude, a depositor provides funds. Might get them back with interest, or not.

Thats not the definition of a customer, thats the definition of an investor.

The fact that it is supposed to be a low risk low return investment does not change that fundamental relation.

Fine, lender. Doesn’t change my analogy. My point is this question is easily answered.

> Why would any bank ever conduct risk assessment if their potential failure will be paid by the industry as a whole.

So the bank doesn’t go under, causing them to lose their jobs and equity.