The incident happened around 4:25 p.m. at the bank on the 2800 block of Cochran Street. Police said the suspect approached the teller and made verbal threats and demands for money.
He did not show a weapon and no one was injured. The suspect fled the scene on foot. Officers set up a perimeter to search for the suspect, but they did not find him.
The suspect was described as a Hispanic man in his 60s, standing about 5 feet 9 inches tall and weighing approximately 165 pounds.
Anyone with information was asked to contact police at (805) 583-6950.