(Glenwood, Iowa) – Police in Glenwood report a man was arrested today (Wednesday) following a reported armed subject in a bank. Officers were called at around 9:50-a.m. to the Glenwood State Bank, where they arrested 66-year-old Ricky Schnackel, of Glenwood, on a Class-B Felony charge of Robbery in the 1st Degree, and an Aggravated Misdemeanor  Use of a Dangerous Weapon in the Commission of a Crime, charge.

Schnackel was being held in the Mills County Jail on a $27,000 bond. The incident remains under investigation.

Disclaimer: “A criminal charge is merely and accusation, and the defendant is presumed innocent until and unless proven guilty.”