Brian Rennoldson (46) of Dover St, Hull has been charged with robbery.
John Jack (32) also of Dover Street in Hull is charged with robbery and possession of a quantity of a class A drug.
Both will appear at Hull Magistrates Court today Wednesday 2 November 2017.
It was reported that shortly before 1pm on Monday 30th, two men entered the Yorkshire Bank and threatened a member of staff before stealing a substantial amount of money.
No one was injured in the incident. The offenders then left the area on foot.