Industry veteran Ray Rounds joins CUTEK™

Brings 30 Years of Credit Union Experience

MURRIETA, CA (February 12, 2015) — CUTEK, a nationwide provider of IT services for credit unions, today announced that credit union technology veteran Ray Rounds is joining CUTEK as the company’s Vice President of Operations effective Mar. 1, 2015. Rounds was formerly the Senior Vice President of Information Services for Credit Union of Southern California, a $928M credit union based in Whittier, Calif., a position he held for nearly 17 years. Prior to that, Rounds worked at two other credit unions and was also the Product Development Manager for Symitar. Rounds brings with him a wealth of experience in credit union operations, management and compliance.

“While I’m very lucky to have worked for such a progressive credit union, I’m looking forward to applying everything I’ve learned to benefit the numerous credit union clients that rely on CUTEK,” said Rounds. “The company has such an outstanding reputation for exceptional customer service, it’ll be an exciting challenge for me to improve on that success.”

In addition to responsibility for the day-to-day operations of the company, Rounds will be applying his extensive experience to strengthen CUTEK’s service offerings. He will also guide the enhancement of CUTEK’s existing software products, and drive the development of new ones.

Having participated in more than 50 mergers since its inception in 2004, CUTEK is a premier provider of merger support for credit unions across the U.S. Mergers are also among Rounds’ many areas of expertise. He guided 15 mergers during his time at CU of Southern California, including three for the credit union’s wholly owned technology CUSO, CU SoCal Partners, LLC.

“I’ve known Ray for decades,” said CUTEK President Ron Murray. “I know his skills and I know his work ethic. I firmly believe that having him join the CUTEK team will help propel the company to new levels. We’re very lucky – and our clients are very lucky, too.”

Based in Murrieta, Calif., with offices nationwide, CUTEK specializes in technology development and consulting for credit unions running the Symitar® Episys® core platform. CUTEK is the only such company recognized as an official Symitar business partner. In addition to a wide range of services, CUTEK offers several stand-alone software products designed to enhance the efficiency of credit unions of all sizes. Additional information is available at

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