Prescott in Yavapai County, Arizona — The American Mountains (Southwest)
The Bank of Arizona and the Electric Buildings
A bank was an important asset to a new and growing community. Chartered by Solomon Lewis and M. W. Kales in 1877, the Bank of Arizona was the first business in the Arizona Territory devoted exclusively to banking. The partners built a two-story structure at the southeast corner of Gurley and Cortez Streets. Soon, this building was inadequate and a new design competition was announced in January 1900 for a new building. Work commenced in August 1900. The new bank building, designed in a classical style with Second Renaissance Revival influence, reflected Prescott's prosperity, with rusticated stone and fired brick and a large column bringing attention to the corner entry. The interior featured oak paneling and patterned wallpaper. Customers included General George Crook and his wife, Governor John Fremont and his wife and many of the miners who brought in their gold to be weighed. The Bank of Arizona later became the First National Bank of Arizona, then First Interstate Bank and then Wells Fargo Bank. When Wells Fargo Bank closed the bank in 1998, it was believed to be the longest continuously operating bank in the State. This building is listed in the National Register of Historic Places.
By Joseph Cavinato, June 27, 2009
1. The Bank of Arizona and the Electric Buildings Marker
Next to the bank to the east is the Electric Building, built in 1898, which survived the fire of July 14, 1900. It was then used as a temporary
headquarters for the Bank of Arizona, however, their safe would not fit through the door, so they left it on the sidewalk, with a guard to prevent pranksters from rolling it down the Elk's Hill. The Electric Building was built in a Victorian Melange style with a large oriel window decorated with swags, recessed panels and a bracketed cornice. It is the only building of its kind in Prescott.
By Bill Kirchner, July 6, 2010
2. The Bank of Arizona and the Electric Buildings Marker
Bank of Arizona marker is seen on the left. Second Marker states:Wells Fargo
The Bank of Arizona
The First Bank
Erected by City of Prescott.
Location. 34° 32.508′ N, 112° 28.117′ W. Marker is in Prescott, Arizona, in Yavapai County. Marker is at the intersection of Gurley Street (Arizona Route 89) and Cortez Street, on the right when traveling east on Gurley Street. Touch for map. Marker is in this post office area: Prescott AZ 86301, United States of America.
Other nearby markers. At least 8 other markers are within walking distance of this marker. Knights of Pythias Building (a few steps from this marker); Prescott National Bank (a few steps from this marker); Site of Territorial Courthouse (within shouting distance of this marker); Bashford Block (within shouting distance of this marker); Solon Hannibal Borglum America's First Cowboy Sculptor (about 300 feet away, measured in a direct
line); The Carnegie Library (about 300 feet away); Head Hotel (about 400 feet away); Plaza Bandstand (about 400 feet away). Touch for a list and map of all markers in Prescott.
By Joseph Cavinato, January 1, 2003
3. The Bank of Arizona and the Electric Buildings
Regarding The Bank of Arizona and the Electric Buildings. This building is part of the Courthouse Plaza Historic District which was placed on the National Register of Historic Places in 1978. - #78003583
Categories. • Industry & Commerce • Notable Buildings •
Credits. This page was last revised on July 26, 2018. This page originally submitted on June 27, 2009, by Joseph Cavinato of Fountain Hills, Arizona. This page has been viewed 1,006 times since then and 19 times this year. Photos: 1. submitted on June 27, 2009, by Joseph Cavinato of Fountain Hills, Arizona. 2. submitted on July 13, 2010, by Bill Kirchner of Tucson, Arizona. 3. submitted on June 27, 2009, by Joseph Cavinato of Fountain Hills, Arizona. • Syd Whittle was the editor who published this page.