According to Malden Evening News, the man suspected of a robbing U.S. Alliance Federal Credit Union at 1032 Eastern Avenue in Malden is in custody.

#Malden #MaldenPD Report:Got him. Malden credit union robbery suspect in custody @ Hawthorn St., Everett, MaldenPD made arrest after search — Malden Evening News (@MaldenNews) July 17, 2014

A bearded man dressed as a woman and wearing a wig allegedly robbed a Malden bank on Thursday, according to Malden Evening News. The man reportedly fled in a Silver Audi with New Hampshire license plates.

#MaldenPD #Malden Bank robbery suspect described as black male with a beard... allegedly robbed bank dressed as female wearing wig. — Malden Evening News (@MaldenNews) July 17, 2014

#Malden #MaldenPD Malden Police in foot pursuit right now on Chelsea St Everett after a bank robbery suspect.. Silver Audi NH plates — Malden Evening News (@MaldenNews) July 17, 2014

The chase reportedly extended into Everett, where local and state police were assisting with air and K-9 units.

Both Everett and Malden PD confirm they're involved in perp search resulting from a bank robbery in Malden. — WHDH Assignment Desk (@deskon7) July 17, 2014

Malden Police said around 12:10 via Twitter that police are still searching for the suspect.

The Malden Police and Everett Police are currently engaged in a search for a possible suspect in a bank robbery... http://t.co/RC91zyOoVS — Malden Police (@MaldenPolice) July 17, 2014

We will update this story as more information becomes available.