Ocean Avenue Bank Closed For Repairs After $134K Burglary

An Ocean Avenue bank has been closed since it was damaged during a burglary in which $134,000 was stolen.

The incident occurred at the San Francisco Federal Credit Union on Ocean Avenue in Lakeside Village after 2 a.m. on June 1.

Officers from Taraval Station responded to the burglary and observed the three suspects exiting the bank and entering a vehicle. They drove away from the officers and then stopped the vehicle to flee on foot. One suspect was located later, according to the police log.

The San Francisco Police Department declined to comment and directed The Ingleside Light to the FBI.

KTVU reporter Henry K. Lee reported that the U.S. Attorney charged German Klarian Hinojosa, aka Felipe Gomez Navarette, with bank burglary for assisting in breaking into the bank to steal $134,000 from the ATM, teller cash dispenser and safe.

The FBI and the United States Attorney’s Office for the Northern District of California did not immediately respond to a request for the latest information.

It's unclear how many burglars have been arrested.

A source confirmed the money was recovered.

The San Francisco Federal Credit Union branch has been closed since the robbery to undergo "repairs and restoration following damage sustained during the robbery," according to the credit union's spokesperson. "We're taking this opportunity to ensure the branch is fully restored before welcoming members back, and we look forward to reopening in the coming months."

While the credit union's representative could not speak to the burglary, they stated that the credit union is committed to serving its members.

"We sincerely appreciate the patience, understanding, and support of our members and the community throughout this process," the spokesperson added. "We remain committed to serving our members and are excited to welcome everyone back once the work is complete."