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Home / Breaking News / Fed gov. orders Flagstaff bank to raise cash (access required)

Fed gov. orders Flagstaff bank to raise cash (access required)

FLAGSTAFF - A Flagstaff bank has been ordered by the Federal Deposit Insurance Corp. to raise $2 million in new capital. The FDIC wants First State Bank of Flagstaff within 120 days to fix its current financial condition. The bank was also ordered by the federal government to develop a plan to identify and review ...

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The Blizzard of 1916 (access required)

This is Main Street in Bisbee on January 21, 1916, the day after the biggest snowfall in city history. The storm began on January 19 with heavy winds that tore off roofs in the Warren District. The wind abated, the sky cleared briefly—then it began to rain. The streets soon ran like rivers. The sky cleared again in the afternoon, but by 5 p.m. snow began to fall, increasing throughout the night until by morning all of southern Arizona from Benson to the Mexican border was blanketed.