**(Update)Ellicott police arrest suspect in hold-up at Greater Chautauqua Federal Credit Union...

A Jamestown man has been arrested for allegedly holding up the Greater Chautauqua Federal Credit Union on East Main Street in Falconer this morning.  Ellicott Police Chief Bill Ohnmeiss says police arrested 22 year-old Kyle Senear at his home this (Monday) afternoon after an intensive police search of the area.  Ohnmeiss says the initial call came in sometime before 10 a.m. that a man had entered the credit union... and, demanded money from one of the employees.  At this point... Ohnmeiss says the suspect did not brandish a weapon.  He says the suspect had apparently used a marker -- or eye liner -- to draw a fake beard and mustache on his face.  He says the suspect did get a "small amount" of money before fleeing the credit union on foot.  Ohnmeiss says they're getting a lot of help with the investigation by the Chautauqua County Sheriff's Office, State Police and Jamestown Police.  As a pre-caution... the Falconer Central Schools were locked-down because of the hold-up.  If you have any information on the robbery... contact Ellicott Police at 665-7083.