Arizona State Savings and Credit Union robbed, suspect nabbed
On Wednesday, August 1, at approximately 12:25 p.m., officers of the Payson Police Department responded to Arizona State Savings and Credit Union in regard to a bank robbery that had just occurred. The suspect, Michael Swinney, 55, a transient, was quickly located in the Bashas parking lot while attempting to flee the area.
At this time, the investigation indicates that Swinney, who is unemployed, entered the bank, provided a demand note and placed a simulated explosive on the counter. After receiving money, he then fled the bank and went into the restroom of Taco Bell. While in the restroom, Swinney discarded articles of clothing and other evidence. He then left Taco Bell and was apprehended.
During an interview with police detectives, Swinney admitted to the robbery and that the explosive device was fictitious. Even though Swinney advised the device was fictitious, for precautionary reasons, the bank remained closed as members of the Arizona Department of Public Safety Bomb Squad responded.
It was confirmed that the device was not a real explosive and only simulated. Swinney has been booked into the Gila County Jail on charges of armed robbery and misconduct involving weapons.
The Payson Police Department would like to thank the US Forest Service Law Enforcement, Gila County Sheriff’s Office, FBI Task Force, and the Arizona Department of Public Safety for their quick responses, not only in assisting in the apprehension of Swinney but rendering the scene safe in a very timely manner.