Citizens Bank & Trust Company (Bisbee, AZ)

Episode Information

Episode UID
91001971322
Episode Type
Suspension → Closure
Bank Type
trust
Bank ID
9100197 routing
Routing Number
91-0019
Start Date
February 26, 1910
Location
Bisbee, Arizona (31.448, -109.928)

Metadata

Model
gemini-3-flash-preview (chosen from majority vote of a three-model LLM ensemble)
Short Digest
950c45d3353d18a8

Response Measures

None

Description

Article 1 (1910) describes a relocation/reopening; Article 2 (1923) confirms a later permanent closure and receivership.

Events (3)
1. February 26, 1910 Reopening
Newspaper Excerpt
The bank fixtures, or part of them. were moved in last night and the bank will re-open there today.
Source
newspapers
2. November 1, 1923* Suspension
Cause Details
Bank closed and went into receivership; specific trigger not mentioned.
Newspaper Excerpt
When the Citizens' Bank and Trust company closed its doors in Bisbee, it carried a state deposit of $7200
Source
newspapers
3. November 30, 1923 Receivership
Newspaper Excerpt
That amount in excess of the state's claim for principal and interest will be turned over to the receiver of the bankrupt institution.
Source
newspapers

Newspaper Articles (2)
1. February 26, 1910 Bisbee Daily Review Bisbee, AZ
Article from Bisbee Daily Review, February 26, 1910

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Article Text

CITIZENS BANK IN FIRST NATIONAL TEMPORARY QUARTERS ARE OCCUPIED TO AWAIT COMPLETION OF THE NEW BUILDING. Temporary quarters for the Citizen's Bank and Trust company have been secured in the First National Bank building. The bank fixtures, or part of them. were moved in last night and the bank will re-open there today. Room for them to transact business was made by taking out some of the fixtures of the old First National, whiche have been disposed of by Receiver O'Connels. The Citizen's bank is now situated directly across from where its new home is being erected. Work of laying the concrete foundation for the new building has been started. A steamoperated concrete mixer is now running full blast every day on Subway street.

2. November 30, 1923 The Coconino Sun Flagstaff, AZ
Article from The Coconino Sun, November 30, 1923

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Article Text

DEFUNCT BANK'S COLLATERAL IS SOLD AT NICE PREMIUM When the Citizens' Bank and Trust company closed its doors in Bisbee, it carried a state deposit of $7200, secured by deposit with the state treasurer of $8,000 par value of Mohave county courthouse bonds. These bonds have just been sold by Treasurer Wayne Hubbs to a Prescott bank at a premium of $200. That amount in excess of the state's claim for principal and interest will be turned over to the receiver of the bankrupt institution.