An Anchorage man walked into a Global Credit Union branch and demanded cash, but not before stopping off for some snacks first.

On Aug. 12, Joseph Sledge, 30, arrived at the credit union in Anchorage and told a security guard that he needed to make a withdrawal, according to a press release from the United States Attorney’s Office, District of Alaska.

A teller then signaled Sledge over to his station. The robber approached and tossed a note on the counter that said, “give me $50,000 and all your cash.”

The teller read the note multiple times and observed Sledge silently staring at him before he sent a message to his co-workers stating, “code red,” which meant there was a robbery in progress.

The teller placed $2,500 on the counter, and Sledge left with the money.

But prior to his stop at the credit union, Sledge went to a different floor in the same building and entered a property management office where he asked a staff member if they were happy with their security.

Sledge then asked the staff member for $20 and snacks, but the employee said no and asked Sledge to leave.

The thief then exited the office and sat down at a coffee shop on the first floor of the building and fell asleep.

A building security guard then asked Sledge to leave. The guard followed the defendant and observed him walking in the direction of the credit union.

A federal jury last week convicted Sledge of one count of credit union robbery.

“There’s no such thing as free money in the United States of America,” said U.S. Attorney S. Lane Tucker for the District of Alaska. “Mr. Sledge used intimidation to steal from a local credit union and will now face the consequences of his actions.”

The FBI Anchorage Field Office and Anchorage Police Department investigated the case.

According to FBI statistics, 1,112 commercial banks and 126 credit union branches were hit by robbers last year.