Judge signing a sentence order with a gavel sitting nearby Source: Shutterstock.

The NCUA asked a federal judge in Kansas to order a former credit union executive to comply with a subpoena for documents in connection with more than $600,000 in vehicle loan losses.

Lori Knight of Wichita, Kan., resigned in November 2018 as EVP of lending for the $37.7 million Equishare Credit Union in Wichita, after President/CEO Gary Torres presented her with a list of loans for vehicles that had been repossessed and sold. But the proceeds from the sales of those vehicles were allegedly not applied to the loans, according to documents filed by the U.S. Attorney’s Office for the District of Kansas on behalf of the NCUA.

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Peter Strozniak

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