Are some local banks, such as Anyang Commercial Bank, reliable? Will it go bankrupt? What if it goes bankrupt?

Anyang Commercial Bank, now known as Anyang Bank, was formerly known as Anyang Credit Cooperative. It belongs to local joint-stock commercial banks. It was not established for a long time. As a newly established commercial bank, its operation is prudent and safe, and no one wants to die before growing up. The bank closed down because there were too many bad debts that could not be collected, and interbank lending encountered difficulties. In addition, a bank run by depositors and a combination of factors made bankruptcy possible. On the other hand, even if local banks fail, it is not only a financial crisis, but also a big social problem, which affects social stability. Of course, the government will not sit idly by.