Former Credit Union President Invests $1 Million in Speedway With Retired Driver by Arkansas Business Staff Posted 9/5/2011 12:00 am Updated 6 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 articles older than 15 days. Articles newer than 15 days are not included in this offer. Purchase Now Already have archive access? Login to view this article.