Banana spiders, also known as golden orb weavers are large colorful spiders with little known predators besides man. The name banana spider is from the shape of their body and not the fact that they live near banana trees. Golden orb weavers got that name because they web has a golden hue to it. When I started to do some research I found some amazing information including claims that a banana spider is able to capture and eat a small bird!
Although the spiders are large, they are mostly harmless. Banana spiders do have small fangs and a small amount of venom but they are docile unless provoked and I have never heard of anyone getting bitten. You don't have worry about the bite being dangerous, the way you do with black widows or the brown recluse spider. The video below shows how they respond when my son gently prods the web with a piece of pine straw.