Saint John police arrested a 57-year-old man in connection with the robbery of the Bayview Credit Union in the east end of the city on Friday morning.
The arrest was made Friday at about 8:30 p.m., police said.
Earlier in the day, at about 10:55 a.m., police were called to the branch at 54 Loch Lomond Rd. and locked down the building.
"Police were advised that a lone male threatened a teller with a weapon and demanded money," Sgt. Charles Breen said in a statement.
The man was given an undisclosed amount of cash and fled on foot, said Breen.
No one was injured.
A news release Monday said further details would be released when more information became available.
Several other robberies
The robbery was the latest of a string of robberies throughout the city since late October. Others have included:
- Jan. 5, 7:10 p.m., CIBC, Consumers Drive
- Dec. 22, 6:50 p.m., TD Canada Trust, 10 East Point Way
- Nov. 21, 10:53 a.m., Scotiabank, 365 Main St. N.
- Nov. 9, 5 p.m., Scotiabank, 533 Westmorland Rd.
- Oct. 28, 4:40 p.m., CIBC, 1 Main St. W.
The previous armed robberies prompted some banks to add security guards and upgrade their video equipment.