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Ithaca Bank Robbed Thursday Afternoon, Suspect Caught Soon After

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Ithaca Police were called to the Elmira Savings Bank branch at 702 South Meadow Street Thursday at about 1:20 pm, for a reported robbery.

Bank employees told investigators that a man came into the bank, showed a knife and demanded money from a teller.

After getting some money, the robber ran off.

A description provided by employees was shared with other officers and after about twenty minutes, an officer spotted a man who fit the description, standing in front of a business nearby.

Benhamin Brancato (Ithaca Police photo)

Police identified the man as Benjamin Brancato, 31, of Ithaca.

Bank employees confirmed he was the robber.

Brancato was charged with felony Robbery, arraigned in Ithaca City Court, and sent to the Tompkins County Jail awaiting bail of $5,000 cash or $10,000 bond.

In a statement to the media, IPD Chief Pete Tyler stated “I am once again proud of the hard work by our officers. Great teamwork solved this case. Starting with the initial response by patrol, then broadcasting the description of the suspects to other units and the canvass of the area, and then spotting the suspect and making the arrest. It was a great job by everyone involved”.

The Mayor of the City of Ithaca, Svante Myrick, stated, “I am thankful for the hard work by the
officers who worked this case. Catching a bank robber less than twenty minutes after the robbery is a testament to their hard work and great teamwork”.

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