CHARLOTTESVILLE, Va. (CBS19 NEWS) -- 2:10 p.m. 1/14/2020 UPDATE: An armed bank robbery occurred at the Atlantic Union Bank and the person of interest is on the run, according to the Charlottesville Police Department. 

According to police, an employee arriving at the bank around 1 p.m. was accosted by a masked and heavily-clothed person brandishing a handgun.

The person of interest demanded money and ran away from the scene with an undisclosed amount. No one was injured.

CPD later recovered a red Jeep Cherokee that was also reported to be stolen from the Hessian Hills area in Albemarle County.

"We are currently working with Albemarle, State Police, Fluvanna, as well as the local authorities from where the vehicle has been taken from because it was a stolen vehicle to see if we can triangulate and identify the suspect at this time," said CPD Chief of Police RaShall Brackney.

CPD is searching for a person of interest and further investigating the bank robbery. 

Police have released a vague description of the suspect, saying he is either a light-skinned black man or a white man.

Anyone with information about this incident is asked to call the Charlottesville Police Department at (434) 970-3280 or CrimeStoppers at (434) 977-4000.

Police are offering a reward of up to $1,000 for information leading to an arrest in this case.

Here is the location of where the bank robbery occurred:

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Charlottesville Police Department tweeted at 1:12 p.m. on Jan. 14 that there is police activity in the 2100 block of Barracks Road and to avoid the area.

 CBS19 News is reporting on this and we will have updates.