Why Kenya Police SACCO was named country’s best deposit-taking SACCO

Kenya National Police DT SACCO, with a huge balance sheet size worth more than KSh 66.4 billion and among the largest in the industry, has once again clinched the top spot as Best Managed Sacco in Kenya.

 

This is the fourth time it has clinched this prestigious Ushirika Award in recent years. The last time it occupied this top perch position was at the 2024 Ushirika awards.

The occasion was officiated by Cabinet Secretary for Cooperatives and MSMEs development Wycliffe Oparanya and officials from the SACCO industry.

Kenya Police SACCO also received other top trophies and accolades, including Best DT SACCO in Capitalization – 1st Position, Best DT SACCO in Deposit Management – 1st Position, Best DT SACCO in Member Management – 2nd Position and Best DT SACCO in Credit Management – 2nd Position.

Kenya National Police SACCO also took first position as Best SACCO in the Capitalization award category.

 

The adjudicators considered the Society’s total shareholders’ funds, which comprise of share capital and reserves as a percentage of total assets. The team also considered the Society’s rate of retention of surplus, which is reflected, in the institutional capital.

 

These parameters encourage the societies not only to grow their share capital but also to retain more of their earnings to build on their institutional capital for growth.

The Society’s sterling financial performance and high ranking position within the SACCO industry in 2025, is thus attributed to leading profit and returns position in the industry, low non-performing loans and impressive returns to members.

According to adjudication by the Ushirika awards team, for a SACCO to be considered as Best managed, it must have excelled in all the above aspects namely capitalization, savings, credit management, most efficient, Risk management, technology optimization and in the Most Improved category.

The adjudication team therefore considers a combination of all the above award categories to arrive at this award. The weight is distributed among all parameters in order of importance with credit management, most efficient and risk management taking the highest weights. Scores that were more than 100% were capped at 100% to ensure equal distribution of performance among all parameters.

Available figures indicate that total assets of Kenya National Police SACCO grew to KSh 66.4 billion in 2025 from KSh 59.83 billion in 2024, a show of financial muscle and might that the Society continues to possess in the SACCO industry as one of the largest players

Kenya Police SACCO also saw Loans to Members increase significantly from KSh 50.3 billion in 2024 to KSh 55.4 billion in 2025.

Withdrawable Members’ Deposits grew from KSh 3.4 billion in 2024 to KSh 3.9 billion in 2025 while cash and cash equivalents increased from KSh 2.2 billion in 2024 to KSh 2.6 billion in 2025.

Kenya National Police DT SACCO saw its pre-tax profit rise from KSh 2.6 billion in 2024 to KSh 3.2 billion while Net Profit grew from KSh 2.5 billion to KSh 3.03 billion during the period under consideration, a show of confidence from members who have continued to patronize the Society’s financial products despite harsh economic times.

 

In 2025, Kenya National Police SACCO recorded a drop in its investment in Government securities from KSh 1.8 billion in 2024 to KSh 1.5 billion in 2025. This is in light of a fall in returns from Government paper from highs of upto 18% as the Central Bank of Kenya(CBK) lowered the benchmark rate.

Kenya Police also saw a surge in Total Income to KSh 15.27 billion in 2025, as the Society increased its lending to members.

The Society maintained Returns to Members with Interest on Member Deposits at 11% while Dividend Rate on Share Capital at 17%, similar to the rate paid out in 2024.

In terms of financial stability, Kenya National Police DT SACCO saw its Core Capital to Total Assets stand at 33.03% while Core Capital to Total Deposits rose from 64% in 2024 to 66% in 2025.

 The Society’s Institutional Capital to Total Assets rose from 27% in 2024 to 28% in 2025.

While the financial industry continued to experience huge loans defaults from borrowers, Kenya National Police DT Sacco recorded a decline in nonperforming loans ratio to the total loan book from 2.54% to 2.34% in 2025.

While Kenya Police SACCO has excelled in its financial performance, it has also been outstanding as in the field of Corporate Social Responsibility(CSR).

 In line with the 7th Co-operative principle “Concern for Community” Kenya National Police DT SACCO invests in improving the livelihoods of our members and the community at large.

The Society has focused on education, health, sports, disaster relief and environmental sustainability.

Kenya National Police SACCO ‘s school sponsorship program is for the bright and needy deceased member’s children who have attained 360 marks and above in KCPE.

This program has benefited many needy students, currently studying at various universities, secondary schools while a large number of beneficiaries have successfully completed their education.

On sports, the Society’s National Chairman David Sohelo Mategwa, Board of Directors, Management and staff have been instrumental in the construction of a gymnasium at the National Police Service College (KPC) Main Campus Kiganjo. The GSU Volleyball Team has already received kits and equipment from this sports program as well as a football pitch.

Kenya Police SACCO’s health program has benefited differently abled members who have received assistance such as a text-to-speech laptop for the blind as well as a member who was diagnosed with maculopathy in both eyes and bilateral blindness and was presented with a printer.

 The SACCO has also sponsored a dispensary at the GSU Ruiru Camp to provide health services for all its members.

In a financial world where technology is critical, Kenya National Police SACCO offers its members a cutting edge IT platform and a SACCO ATM card that enable members access financial services, convenience at the fingertips through use of POS terminals, to get services at fuel stations, supermarkets, and even overseas at any VISA-branded ATM or for online transactions.

Kenya National Police SACCO, has also reviewed the terms for its various loan products, to better serve financial needs of its members.