South Bend felon sentenced to decade in federal prison for Noblesville bank robbery

Submitted by U.S. Attorney’s Office

Terry Reed, 66, South Bend, Ind., has been sentenced to 10 years in federal prison, followed by five years of supervised release after pleading guilty to bank robbery and brandishing a firearm during and in relation to a crime of violence.

According to court documents at 10:08 a.m. on June 12, 2023, Reed entered the Chase Bank located at 198 Logan St., Noblesville, brandishing a long-barreled revolver. Reed demanded cash and fled with $3,796 cash.

A Westfield Police Department detective located Reed’s vehicle a short time after the robbery and engaged in a vehicle pursuit, during which time Reed drove recklessly, including leaving the roadway, until the pursuing officer lost sight of the vehicle.

On June 16, 2023, Reed was located by Mishawaka Police Department officers in South Bend, Indiana in the same vehicle he fled from the robbery in. Reed fled from the police on foot and tossed several items as he ran, including the .38 caliber Colt revolver he used during the bank robbery.

Reed is a convicted felon, with prior felonies for armed robbery in Fulton County, Ga., and Joseph County, Ind., as well as aggravated battery in Cook County, Ill.

The Federal Bureau of Investigation, Indianapolis, investigated this case. The sentence was imposed by U.S. District Judge James P. Hanlon.

“This violent criminal didn’t just rob a bank of customer deposits, he robbed everyone inside the bank of their sense security and peace,” said Tom Wheeler, United States Attorney for the Southern District of Indiana. “Gun crimes have a negative impact on our entire community, and the sentence imposed today demonstrates that this conduct will simply not be tolerated. The people of Noblesville and South Bend are safer with this defendant off our streets, thanks to the hard work of the FBI, the Westfield and Mishawaka police departments, and our federal prosecutors.”

“The quick response by our law enforcement partners helped prevent this dangerous offender from causing further harm,” said FBI Indianapolis Special Agent in Charge Timothy J. O’Malley. “Armed robberies endanger bank employees, customers, responding officers, and everyone in the surrounding community. This sentence demonstrates that individuals who commit violent crimes and illegally possess firearms will be held accountable. The FBI is proud to work alongside our federal, state, and local partners to protect our communities and bring violent offenders to justice.”

U.S. Attorney Wheeler thanked Assistant U.S. Attorney Pam Domash, who prosecuted this case.