I trust only that banks are either government owned or if the deposits are insured by the govt .
Either be it government bank or private sector, I don't think there is any fear as nowadays banks can't run awatly with your money. All the money is being handled by a central body. I personally don't fear banks but I do fear its policies which does varies.
which I know the bank, private or government owned is already supervised by the government, in the transaction activity. so if the bank makes the fraud it is quite difficult, because it has been supervised. therefore we believe or not to the bank is up to us.