The Oregon State Credit Union near Heritage Mall, 1394 Clay St. SE, was robbed by a man wearing a bowler hat on Thursday afternoon and police quickly apprehended a suspect, according to the Albany Police Department.
A call about the robbery was received by authorities at 4:14 p.m.
By 5:15 p.m., police had arrested Terry Bowman of Albany at the apartment complex he lives at in the 2200 block of Waverly Drive Southeast.
Bowman faces charges of at least first-degree theft and third-degree robbery, said Lt. Alan Lynn, but authorities are continuing to investigate the case. A search warrant will be served on Bowman's apartment.
Police reviewed videotape of the incident and recognized Bowman from prior contacts, Lynn added.
The suspect demanded cash inside the bank, left with an unknown amount of money and was last seen walking northbound in the parking lot, Lynn said. Lynn was initially unsure if the suspect had brandished a weapon.
Six employees and 12 customers were in the bank at the time of the robbery.
"Everybody's fine," said Mike Corwin, assistant vice president of public relations and business development for Oregon State Credit Union. "We're cooperating with authorities who are on site, both the Albany police and the FBI."
Bowman would have been familiar to authorities for good reason.
On Monday, he pleaded no contest in Linn County Circuit Court to a charge of felon in possession of body armor and was sentenced to 10 days in custody of the Oregon Department of Corrections, with credit for time served and a year of post-prison supervision, according to Oregon's online court database.
Bowman was arrested on the charge in mid-August, after the Linn Interagency Narcotics Enforcement task force served a search warrant in the 2200 block of Waverly Drive. That arrest came as part of a drug bust that included a search warrant served on a Scio residence.
In 2001, Bowman was convicted of first-degree burglary in Lane County. Based on a probation violation in the burglary case, in January 2016, he was sentenced to 19 months in prison, with credit for good time. He also received three years post-prison supervision in that case, according to Oregon's online court database.