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U-Haul Used in Pre-Dawn Ram-Raids at Two Oakland Chinatown Banks

Federal investigators are reviewing community camera footage for leads.

Overview

  • Thieves smashed into Cathay Bank and Sterling Bank and Trust on Webster Street before dawn Wednesday, forcing both branches to close for the day.
  • Oakland police arrived around 4:15 a.m. to find shattered glass and no suspects at either scene.
  • A U-Haul truck was abandoned nearby with a chain still attached, and the ATM at Sterling Bank was dislodged and possibly taken.
  • The case has drawn federal involvement due to the targets being banks, with investigators analyzing surveillance video from neighborhood cameras.
  • The break-ins follow a similar vehicle-ram burglary at a Little Saigon jewelry store earlier in the week, heightening concern among local business owners.