Sioux Falls Man Sentenced to 72 Months for Bank Robbery

United States Attorney Ron Parsons announced that U.S. District Judge Karen E. Schreier sentenced a Sioux Falls, South Dakota, man convicted of Bank Robbery.

Cody Maynard, age 27, was sentenced on July 31, 2018, to 72 months in federal prison, followed by 3 years of supervised release.  Maynard was also ordered to pay $4,215.36 in restitution, and $100 to the Federal Crime Victims Fund.

According to documents filed in court, on April 27, 2017, Maynard robbed Voyage Federal Credit Union by the use of force, violence, and intimidation.  Maynard robbed the bank of $3,600.00.  The money belonged to and was in the care, custody, control, management and possession of the Voyage Federal Credit Union, a bank whose deposits were then federally insured by the National Credit Union Administration.  During the bank robbery, Maynard wore brass knuckles and threatened to use a gun and a knife.   

This case was investigated by the Federal Bureau of Investigation and the Sioux Falls Police Department. The case was prosecuted by Assistant U.S. Attorney Jeremy R. Jehangiri.

Maynard was immediately remanded to the custody of the U.S. Marshals Service.