It happened Tuesday at the Malvern Federal Savings Bank in the 900 block of Baltimore Pike.
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Police say the suspect had a gun and a suspicious device. That person also left the unknown device before fleeing the scene.
The suspect is described as a black male, thin build and mid-20s. He was wearing black clothing.
Police say the suspect fled in a possible silver Pontiac two door.
The bank is closed while authorities investigate. However, area businesses are open.
There are no reports of any injuries.
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