Rusty Little, Wellspring Director of Finance

Rusty Little, Director of Finance

Rusty Little’s background includes more than three decades of experience in accounting and finance positions, which is vital to his role as director of finance for Wellspring Foundation of Southwest Virginia.

A lifelong resident of Southwest Virginia, Little spent nearly 25 years at Highlands Union Bank (HUB), where he served in numerous positions while also fulfilling the role of secretary to the board of directors. 

Appointed controller for HUB in 1991, Little managed the bank’s accounting functions, participated in the creation of annual budgets, coordinated accounting policy development, and managed Securities and Exchange Commission reporting, along with overseeing the company’s shareholder services. 

In 1998, Little was named the chief financial officer of HUB’s parent company, Highlands Bankshares, Inc., and served in that role until 2015. As CFO, his responsibilities included authoring management reports, and extensive interaction with executive management and board members.

Little served as HUB’s chief risk officer from 2015-2017, where he managed all areas of risk, including corporate insurance, human resources, compliance, internal audit, loan review, legal, regulatory, business continuity planning and information security. In this role, he also directed the acquisition and renewal of corporate insurance policies and insurance claims related to professional services, and developed annual incentive plans for base models, branch managers, business bankers, regional market executives and senior management.

From 2017-2019, Little served as HUB’s chief accounting officer, where he managed the bank’s accounting functions, participated in the creation of annual budgets and prepared regulatory reporting to the bank’s various regulatory agencies. 

Before joining the Foundation, Little served as controller for Washington County Service Authority (WCSA). At WCSA, he was responsible for managing all accounting-related functions and budgeting, and was a member of the capital improvement funding, planning and leadership teams. 

Little earned his bachelor’s degree from King University. He is a graduate of the Virginia Bankers School of Bank Management, held at the University of Virginia’s Darden School of Business. An outdoors enthusiast, he resides in Bristol, Virginia, with his daughter.