ANCHORAGE—U.S. Attorney Karen L. Loeffler announced on Tuesday that a Fairbanks man was indicted by the federal grand jury in Anchorage, Alaska, for bank robbery.

Zack T. Rose, 22, of Fairbanks, Alaska, was charged by the federal grand jury with robbing the MAC Federal Credit Union, 10th Avenue branch, in Fairbanks on February 4, 2013.

The maximum penalty for robbery of a federal credit union is imprisonment for up to 20 years and a fine of $250,000. Rose is currently in custody at the Fairbanks Correctional Center, and no date has been set for the arraignment.

Ms. Loeffler commends the city of Fairbanks Police Department and the Federal Bureau of Investigation for the investigation of this case.

An indictment is only a charge and is not evidence of guilt. A defendant is presumed innocent and is entitled to a fair trial at which the government must prove guilt beyond a reasonable doubt.