Early Friday morning police responded to 3446 Old Lincoln Highway in Bensalem after receiving an alarm activation from the exterior ATM at Tru-Mark Financial.
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A responding officer observed 50-year-old Dennis McLernan, dressed in black and carrying a duffel bag, walking along Old Lincoln Highway.
When the officer attempted to stop McLernan, a foot chase ensued.
The officer was able to subdue McLernan and recovered the duffle bag, which contained $68,000 cash.
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It was later confirmed that the money was stolen from the ATM at Tru-Mark Financial.
Police say McLernan is employed by a security company responsible for ATM services and money delivery, and that he used a key to open the ATM, staging damage to appear as though it was forced open.
McLernan is charged with burglary, theft and related offenses. He is currently being held in lieu of 10% of $75,000 bail.