September 30, 2020
DotCooperation LLC (DotCoop), the global steward of Cooperative verification, the .coop top-level domain, and the Coop Marque announced today that it will acquire the .creditunion top-level domain from the Credit Union National Association (CUNA). CUNA launched .creditunion in 2015 for exclusive use within the credit union sector and will maintain an advisory role going forward.
The ownership and operation of .creditunion will transition to the registry operator DotCoop. DotCoop is jointly owned by the National Cooperative Business Association (NCBA CLUSA) and the International Cooperative Alliance (ICA).
“We are delighted to become the caretaker of the .creditunion namespace, a top-level domain by and for Credit Unions – an important sector within the Cooperative global business network,” said DotCoop President Violetta Nafpaktiti. “We look forward to fostering and developing the .creditunion top-level domain alongside .coop and our identity services, as key internet assets for our global Cooperative movement.”
“This important ownership change retains and reflects the historic credit union cooperative mission,” said CUNA President/CEO Jim Nussle. “We believe that DotCoop is well suited to maintain the .creditunion namespace and oversee its development within the cooperative network.”
DotCoop domains provide holders with immediate recognition as a cooperative organization and aligns organizations with the values of being a member of the global Cooperative movement.
“With the addition of the .creditunion top-level domain, DotCoop will offer the Cooperative network’s Credit Union sector additional services to increase trust in their customer’s online transactions,” said Chief Marketing Officer Lance Wolak. “The .creditunion domain, along with planned companion security services, will increase a Credit Union’s ability to safeguard online transactions with its customers and safeguard its identity through authenticated email communications.”
DotCoop has delivered identity services for the Cooperative business network since 2002, which includes the .coop top-level domain, the .coop global directory, and the Cooperative Marque. Cooperatives (also referred to as “Co-ops”) are businesses owned and managed by and for their members. The Cooperative global business network has more than 1 billion members, representing 12% of the world’s employed population. DotCoop is jointly owned by the National Cooperative Business Association (NCBA-CLUSA) and the International Cooperative Alliance (ICA). For more information about DotCoop, please visit www.identity.coop.
Credit Union National Association (CUNA) is the only national association that advocates on behalf of all of America’s credit unions, which are owned by 120 million consumer members. CUNA, along with its network of affiliated state credit union leagues, delivers unwavering advocacy, continuous professional growth and operational confidence to protect the best interests of all credit unions. For more information about CUNA, visit cuna.org.