Metropolitan National SACCO Society Limited (the “Sacco”) was registered on 10th February 1977 (CS NO. 2628) and started operations in 1978. Since then it has grown in leaps and bounds and in the process changed its name twice to reflect its geographical reach and clientele that was being served. In the year 2011 the Sacco was licensed by SACCO Societies Regulatory Authority (SASRA) to operate as a Deposit Taking SACCO.
Initially, the Sacco was intended to serve primary school teachers in Kiambu district, of the then Central Province. Over the years, the Sacco’s common bond was opened to allow all interested Government employees, employees from private institutions within the Republic of Kenya and Kenyan citizens in the Diaspora and the business community enjoy the Sacco products and services.
The Sacco has recorded remarkable grown with membership currently standing at 75,000 members and branches in Nairobi (2), Kiambu, Kisumu, Bungoma, Thika, Limuru and Nakuru. In addition, the Sacco has satellite offices in Mombasa, Machakos, Loitokitok, Emali, Kajiado, Namanga, Ngong, Migori, Eldoret, Kitale, Siaya, Nanyuki and Matuu.
The Sacco had total assets of KES.11.00bn as at 31st December 2016, in addition member deposits of KES.5.9bn while equity stood at KES.1.75bn. The revenues for the same period stood at KES.1.72bn.