BREAKING NEWS: INSTITUTE FOR SAVINGS ROBBED, SUSPECT APPREHENDED

GLOUCESTER TIMES

By Ray Lamont Staff Writer

A man suspected of holding up the Institution for Savings bank outlet on Parker Street in Gloucester moments after 9 Monday morning has been captured by police in Lynn.

The man, whose identify has not yet been released, was taken into custody as he came off a bus in Lynn, Gloucester interim police Chief John McCarthy has confirmed. The suspect had apparently ridden it there while trying to escape from Gloucester.

Gloucester and Massachusetts State Police had been searching for a man described as being in his 30s and wearing with a black hat and black sweatshirt who reportedly held up the bank branch at 4 Parker St. in Gloucester about an hour after the branch opened at 8 a.m. McCarthy said he anticipates the suspect will be arraigned Tuesday in Gloucester District Court.

A sign placed on the bank door by 9:30 a.m. indicated that the facility was temporarily closed while offering an apology to customers for their “inconvenience.” The bank’s drive-up windows and automated teller machine were also shut down on the exterior of the building.

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