Hello,
I have a seperate account for me and my wife's bank. Guess what? All except for one is level 1, just did the first part to get to the tavern, and then did the 1 quest to be able to get out of the tavern. I've just checked them and some have lost equipment. I've checked with the guild and they said that the starter gear has been removed... I've lost at least one +1MCS, some other 'good' level 1 equipment. It seems that all the other equipment that they've been banking is still there - but I can't be totally sure since I never catalogged it all. I have one of them that still has his +1MFP but has lost other equipment - he's level 4 and was only missing goggles - he didn't have any starter equipment.