Metropolitan National Sacco begun operations in 1977 as a teacher’s only Sacco.
Its tremendous growth has come at the backdrop of expanding to take-in members from other sectors about 12 years ago.
The Sacco has since become one of the biggest in Kenya, with strong membership in excess of 100,000.
The Sacco has a weekly segment where they teach their members about financial literacy, savings and investment.
“As an organization, we intend to impart the right attitude, knowledge and skills to all members by essentially answering the question ‘’WHY’’ they need our products. Having embarked on a growth strategy anchored on diversification, customer service excellence and developed products, we find the need to enlighten our members on these new developments. We look forward to an educative and exciting adventure”
Metropolitan National Sacco.
READ: Metropolitan National Sacco launches member education program
How to join Metropolitan Sacco
Who is eligible to become a member?
As stated earlier, in 2008, the Sacco, accepted members from outside its original pool. Now the members are not only drawn from Teachers Service Commission (TSC), but also, Government Ministries, Parastatals, Kenya Defence Forces (KDF), National Police Service, Public and Private Universities, Colleges, Academies and the private sector among others.
Therefore, the following can join the Sacco
- Salaried People
- Non Salaried People
- Business Entities
- Minors
- Commissions
The membership requirements are as follows: One needs a passport photo, a copy of your National Identification Card, pay Sh 1000 membership fee, produce a recent payslip for the employed.
One is also required to fill out a membership form which can be downloaded from the Sacco’s website or taken from the Sacco’s offices in town.
“The Sacco has seen a reversal in members who wished to withdraw their membership while the few who had submitted withdrawal notices are still offered full membership benefits including dividends,” said Sacco Chief Executive Benson Mwangi.
Metropolitan is regulated by the Sacco Societies Regulatory Authority (Sasra), with which it discussed with, its growth strategy anchored on diversification, customer service excellence and developed products.
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