The incident occurred just after 2:30 p.m. Friday at the Citizens Bank located at 1025 West Lehigh Avenue.
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Police say the woman entered the bank, approached the counter, and displayed a threatening demand note.
After obtaining the cash, the subject fled the area of the bank on foot.
She was last seen going down an alley adjacent to 1017 West Lehigh Avenue.
The suspect is described to be between 5'1 and 5'3, with a thin build, light brown complexion and dark brown eyes.
She was wearing a long navy blue, flower-print dress with black and white sneakers.
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Anyone with information is asked to contact police at 215-418-4000.
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