Gibson City man arrested in weekend bank robbery

DEWEY – A Gibson City man was arrested Sunday afternoon in connection with the armed robbery of a bank Saturday in Dewey.

A man with a small handgun robbed the Dewey State Bank in Dewey Saturday and fled with an undisclosed amount of money.

At about 2 p.m. Sunday, police arrested Matthew W. Borden, 30, in Elliott.

A "concerned citizen" gave information to the Gibson City Police Department, according to Champaign County Sheriff Dan Walsh. The sheriff's office and the FBI were investigating, and a federal search warrant was obtained for a residence in the 500 block of North State Street in Gibson City.

Walsh said the search yielded money taken from the bank and the weapon believed to be used in the robbery. Police also found the vehicle used in the robbery, Walsh said.

Investigators were interviewing Borden this morning, Walsh said.

"I'm real proud of my guys," Walsh said this morning. "Like 28 hours (after the robbery), they had him," adding that Borden is presumed innocent.

The robber entered the northern Champaign County bank, at 204 Second St., about 9:45 a.m. Saturday and demanded money, according to the Champaign County sheriff's office. He had a dark-colored handgun, Walsh said. The robber then drove away in a small maroon truck.

The only successful robbery the Dewey State Bank, formed in 1902, lists on its Web site occurred in 1978.

A 1937 robbery attempt was foiled when a bank employee locked the bank's outer door after a tip from law enforcement officers. The bank's Saybrook branch was robbed in 2004, and a Bloomington man arrested.

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