Former Credit Union President Invests $1 Million in Speedway With Retired Driver by Arkansas Business Staff Posted 9/5/2011 12:00 am Updated 5 years ago The person who pitched an ill-fated investment to Joyce Judy, convicted president of Arkansas Employees Federal Credit Union, was a retired racecar driver from North Carolina named Bob Schacht. Want the Full Article? Get Unlimited Archive Access for $19.95 per Year Readers must pay to access stories older than 15 days. Purchase Now Already have archive access? Login to view this article.