It happened around 9:15 a.m.
According to police, the suspect entered the bank and implied he had a weapon. After robbing the bank, he was last seen running away into an apartment complex behind the shopping center where the bank is located.
Authorities released a surveillance photo Wednesday afternoon showing the suspect who committed the bank robbery.
Police say the pullover worn by the suspect was described as having yellow sleeves. The suspect was also wearing a wig and a mask.
Anyone with information that might assist the investigation of the case is asked to call the Raleigh Police Department's Detective Division at (919) 996-3555 or Raleigh CrimeStoppers at (919) 834-HELP. CrimeStoppers pays a cash rewards for anonymous tips that help solve cases.