Police were called to Old National Bank on North First Avenue just before 1:00 on Thursday in reference to a hold up alarm.
Officers called the bank and employees told them there had been a robbery.
The teller told police the suspect told him to fill his envelope with money.
47 year old Derrick Staser got away with over $5500, but was soon caught in the Target parking lot wearing a different outfit with his pockets full of money.
Staser was arrested on robbery and intimidation charges and booked in the Vanderburgh County Jail.
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