Portland police responded to a report of a robbery at the University Credit Union on 391 Forest Avenue.
The suspect entered the bank and escaped with $100 in cash before fleeing down Forest Avenue; no weapon was seen during the robbery.
Video surveillance and investigatory measures helped catch the suspect later that day and he was taken into custody.
Portland Police arrested 64-year-old Kenneth Morey Jr. of Portland. He was charged with Robbery, Unauthorized Use of a Motor Vehicle, and Theft.
Morey Jr. was transported to the Cumberland County Jail.
Portland police are continuing their investigation and are urging anyone who has any information to call them at (207)874-8575. You can also text the keyword PPDME and a message to 847411.