Update: Suspect arrested, hostages are "fine" after Alabama incident

TUSCALOOSA, Ala. —A police spokeswoman says a suspect has been arrested and hostages are "fine" after incident near the University of Alabama campus.

Campus officials sent an alert Tuesday on Twitter saying police from the university and city received a report of a robbery and hostage situation at an Alabama Credit Union branch.

The bank is located across the street from the UA law school.

Lt. Teena Richardson, a Tuscaloosa police spokeswoman, told al.com that a gunman entered the building and took the employees inside hostage.

However, she said it wasn't initially reported as a robbery.

News photos and video show multiple officers around the scene and a roadblock on Bryant Drive, a main campus thoroughfare.

Officers have closed the area, and video and photos show police in military-style vehicles and tactical gear. A police helicopter is overhead.