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Robbery suspect apprehended

A man suspected of robbing several banks including the First State Bank of Rosemount has been apprehended. On Friday police arrested Steven Lee Olson, 47, after he robbed the Wakota Federal Credit Union.

FBI agent E.K. Wilson said Olson was charged in U.S. District Court with one count of bank robbery Monday. Although Olson has not been charged yet, Wilson said he suspects that Olson is responsible for five other robberies including the Oct. 21 incident in Rosemount.

"The investigation is ongoing," said Wilson.

According to the FBI website on Friday, at approximately 5:00 p.m., the Wakota Federal Credit Union, located at 1151 Southview Boulevard, South St. Paul, Minnesota, was robbed by a lone individual who approached bank tellers with what appeared to be a black handgun and made verbal demands for cash. After receiving money, he made a getaway in a white Dodge Intrepid.

Wilson said witnesses at the bank gave descriptions of the robber and getaway vehicle. Shortly after, South St. Paul, Inver Grove Heights, and West St. Paul police officers found the car and chased it. After a brief chase, Olson stopped the car and fled on foot. He was captured near Dale and Syndicate Streets in South St. Paul.

A search of the vehicle yielded a black toy gun, cash, and clothing matching the description of the robber, according to the press release.

On Monday, Olson made his initial appearance in United States District Court and was held pending a detention hearing scheduled for Nov. 3 in Minneapolis.