CHICAGO (CBS)– A Chicago man was charged in a collision that caused a CTA bus to crash into a bank in The Loop on Thursday.

Police said the driver of a sedan, identified as Lukasz Strok, 29, was speeding, failed to stop at a red light and collided with a CTA Bus. The bus then struck the side windows of a bank at Clark and Washington streets.

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The bus driver and two passengers were injured.

Strok faces charges including driving under the influence of alcohol, disregard of a traffic control light, reckless driving and aggravated unlawful use of a weapon.

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Police did not provide details on the weapon recovered.

Strok is expected to appear in bond court on Friday.

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This is a developing story.