A hostage situation at a branch of Alabama Credit Union near the University of Alabama campus has ended peacefully with the arrest of one suspect by police and the release of eight hostages.

According to local news outlets, Tuscaloosa police, the FBI, SWAT teams and more were on-site along with city officials. The situation began around 8:30 A.M. Central Time, before the credit union opened, when an armed gunman somehow gained access to the credit union. Robbery is believed to have been the motive. There was no armed conflict or gunfire and the situation was resolved peacefully after a little more than two hours.

Subscribe Now

Authoritative analysis and perspective for every segment of the credit union industry

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.