NCUA official seal NCUA official seal. (Source: NCUA)

The NCUA has dismissed a lawsuit against a former credit union executive who for months ignored the federal agency’s subpoena that sought documents in connection with more than $600,000 in vehicle loan losses.

According to court documents filed by the NCUA in September, Lori Knight, former EVP of lending at the $37 million Equishare Credit Union in Wichita, Kan., finally handed over documents the federal agency was seeking since December 2020. The lawsuit was filed in U.S. District Court in Wichita.

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