Why Valley National Bank built such cool buildings
If you live in the Phoenix, Arizona area, you have probably seen some very cool-looking old bank buildings. My favorite one is at 44th Street and Camelback, and is a Chase Bank. But it was originally built as Valley National Bank, and it's a reflection of the vision of one man, Walter Bimson. Walter Bimson Time-travel with me to Arizona in the 1930s. It's the time of the Great Depression, a time of despair. Many people felt that the great American dream was over. The roaring twenties had crashed terribly in 1929, and the United States was suffering from the worst unemployment in its history. Banks had collapsed, many taking with them life savings. Needless to say, confidence in banks was low. But Walter Bimson, who became president of Valley National Bank in 1933, was one of those "unreasonably optimistic" people who somehow seem to make things happen anyway. His goal was to make loans, which he did. Nowadays giving loans to people who may or may not be ab...