Police SACCO named Kenya’s best deposit-taking SACCO

Police SACCO named Kenya’s best deposit-taking SACCO

NAIROBI, Kenya, July 7 – Kenya National Police Deposit-Taking (DT) SACCO has been named the country’s best-performing deposit-taking SACCO after emerging as the overall winner at the 104th International Day of Cooperatives (Ushirika Day) Awards.

The SACCO received the top honour during the national celebrations held in Nairobi, where cooperative societies were recognised for excellence in governance, financial management, innovation and member service.

In addition to the overall award, the SACCO was ranked first in Capitalisation and Deposit Management, second in Member Management and Credit Management, and third in the Most Improved Deposit-Taking SACCO category.

The latest recognition extends the institution’s recent success, having previously been named Kenya’s Best Managed SACCO in both 2023 and 2024.Chief Executive Officer Solomon Atsiaya attributed the awards to prudent financial management, strong governance and continued confidence from members.

The recognition comes after another year of strong financial performance.

According to the SACCO’s audited 2025 financial statements, total assets grew to Sh66.4 billion, while profit after tax increased to Sh3.03 billion, driven by growth in membership, deposits and operational efficiency.

Speaking during the celebrations, Deputy President Kithure Kindiki said Kenya’s cooperative movement remains one of the strongest globally, noting that SACCOs now hold more than Sh1 trillion in members’ savings and continue to play a key role in expanding financial inclusion and supporting enterprise growth.

Co-operatives and MSMEs Development Cabinet Secretary Wycliffe Oparanya said the award winners reflected the standards the government is seeking to promote across the cooperative sector through improved governance, accountability and innovation.

He said ongoing reforms are aimed at building more resilient and competitive cooperative institutions capable of delivering greater value to their members and supporting inclusive economic growth.