The Canadian Bankers Association is offering a $100,000 reward for information that leads to the arrest and conviction of the suspects involved in four violent bank robberies, including one in Waterloo.

The robbery at a Waterloo TD Canada Trust branch occurred early on Nov. 1, when two masked and armed suspects forced employees into the bank’s vault and stole an undisclosed amount of cash.

Halton Region police now believe that theft is connected to three other similar robberies:

  • Hamilton: Oct. 16, 2012
  • Oakville: Aug. 7, 2012
  • Peel: Sept. 12, 2011

Malcolm Chivers of the Canadian Bankers Association says robberies are a serious issue for the banking industry.

“They are first and foremost a personal crime, not an economic crime. Our industry’s priority is ensuring our customers feel safe and secure conducting their business in a branch and that the bank staff in those branches have a safe work environment.”

Police in Halton have released a compilation of surveillance video from all four robberies in an effort to further the investigation.

Anyone with information is asked to contact the Halton Regional Police Service tip line at 905-825-4747 Ext. 2204 or email