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Police, FBI Arrest Two for Several Cedar Rapids Bank Robberies

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CEDAR RAPIDS, Iowa — Police and the Federal Bureau of Investigation served several search warrants on Monday, including three residences and a number of vehicles.

A release from Public Safety spokesperson Greg Buelow said law enforcement arrested two men in connection with several bank robberies in Cedar Rapids.

25-year-old Damion Michael Broderick faces six total counts of Second Degree Robbery in connection with the April 28 robbery at the US Bank on Edgewood Road SW, and the June 25 and July 7 robberies at the Guaranty Bank on Jacolyn Drive SW.

Timothy Lee Broderick, 22 years old and Damion’s younger brother, faces four counts of Second Degree Robbery for the same incident at US Bank and the July 7 Guaranty Bank robbery. Authorities said the men face multiple counts from the same robbery because they took money from more than one bank employee.

Cedar Rapids police thanked people who provided information about the case through Linn County CrimeStoppers and other phone calls.

Second Degree Robbery is a Class “C” felony, and authorities say additional charges are possible as the investigation continues.

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