Credit Union EVP of Lending Dismissed from NCUA Lawsuit on Repossession Sales Proceeds Irregularities

Credit Union EVP of Lending Dismissed from NCUA Lawsuit on Repossession Sales Proceeds Irregularities

For unstated reasons, the NCUA has dismissed a lawsuit against a former credit union executive who for months had ignored the federal agency’s subpoena that sought documents in connection with missing suspected repossession proceeds on more than $600,000 in repossessed vehicle loan losses.

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Credit Union EVP of Lending Dismissed from NCUA Lawsuit on Repossession Sales Proceeds Irregularities

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