The Brief

A 25-year-old Waco man, Stephen Tyler Peterson, has been arrested in connection with the robbery of a Bank of America branch in Bedford on Friday.

The suspect allegedly handed a teller a note demanding money and indicated he was armed before fleeing the scene on a bicycle.

Peterson was taken into custody on Friday evening and faces charges of robbery and possession of a controlled substance; bond is set at $52,500.

BEDFORD, Texas - Police have arrested a 25-year-old Waco man in connection with the robbery of a Bank of America branch in Bedford that happened on Friday, Nov. 14.

Bedford Bank Robbery

Stephen Tyler Peterson was taken into custody just hours after the robbery happened. He is being held at the Tarrant County Jail.

The backstory:

The incident occurred around 1

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