The Utah Credit Union Hall of Fame was erected to recognize the important contributions of individuals to the credit union industry. Induction to the hall of fame recognizes recipients as leaders at their credit unions, in Utah, and across the country–as individuals who have struck a cord and made a significant difference in the promotion of the credit union philosophy.
was inducted into the credit union hall of fame on
Karl S. Little did more than any single individual to establish and foster the credit union movement in Utah. Much of the current strength of Utah credit unions can be attributed to his efforts to organize credit unions.
During his years in the credit union movement, he organized over 200 credit unions. In 1935 he became the first chairman of the Utah Credit Union League. In 1936, he became the League’s first managing director (president). In 1965 he retired from the position, but received the honorary title of managing director emeritus. He also served as a treasurer-manager for Utah Central Credit Union.
On a national level, Karl was elected as a national director of CUNA in 1936, and served continuously in the capacity for over 30 years. He was the vice chairman of CUNA for three years, the secretary for three years, the vice chairman of CUNA Supply Cooperative for two years, and chairman of CUNA Supply Cooperative for seven years.
Karl Little’s actions embody all that the credit union movement is about: cooperation and service. He truly is worthy of the title, “Utah’s Mr. Credit Union.”