The former president of the Students' Association of Mount Royal University was released on bail on Wednesday.

Last week, Meghan Darcy Melnyk was charged after a bank robbery in the southeast.

On Wednesday, February 29, at about 1:40 p.m., a woman entered the Servus Credit Union in the 5300 block of 68 Ave. S.E. and approached the teller.

She handed over a note saying she had a weapon and demanded cash.

She then left the bank with an undisclosed amount of money.

With the assistance of HAWC2, the suspect's vehicle was tracked and she was subsequently arrested by members of the tactical team.

Melnyk was charged with robbery, possession of a prohibited weapon, and committing an indictable offence while disguised.

Outstanding warrants for Melnyk were also executed at the time of her arrest for fraud, uttering forged documents, and a breach of probation.

Melnyk was the SAMRU president until January, when she resigned after some financial anomalies were discovered.

The 27-year-old must abide by a few conditions while out on bail.

Melnyk is not allowed to go near Mount Royal University and has to report to police once a week.

Court heard that Melnyck has a gambling addiction so she has also been ordered not to attend any business that has video lottery terminals.