Tower Deposit-Taking SACCO, headquartered in Ol Kalou, Nyandarua County, and ranked the 5th largest in Kenya with a balance sheet size worth KSh 34.6 billion is among the first to hold its Annual General Meeting(AGM) as the 2026 season, which runs until the end of the first quarter, begins.
Tower SACCO Directors declared a dividend payout at the rate of 20% on share Capital and 13% rebates on members’ deposits, one of the highest returns in the industry. Tower SACCO thus paid out a total of KSh 2.88 Billion to members, for the financial year ended 31st December 2025, payments that were announced at the Tower SACCO AGM held this past weekend on January 24th 2026.
These are the same percentages that Tower SACCO members received for 2024 financial year that was paid out at the beginning of 2025.
In 2025, Tower SACCO grew its balance sheet size by 23% to KSh 34.6 Billion while the loan book grew by 17% to KSh 25.2 Billion.
Tower SACCO, with over 31 branches and outlets spread across Nyandarua, Samburu, Kiambu, Nakuru, Isiolo, Meru, Marsabit, Tharaka Nithi, Samburu and Kitui, also has one of the lowest External Borrowing to Total Assets ratio as well as a non-performing loan ratio.
During the 2025 financial year, the Society saw its membership grow from 192,270 to 247,858, a growth of 29% or 55,588 new members.
Peter Kuria, the Society’s Board Chairman told members that the SACCO is planning to open additional new branches in Mombasa, Kenol, Eldoret and Kajiado. In 2024, the Society was among the few that opened new branches, setting up in Mwisho wa Lami, Nyeri and Makongeni. These three branches are already contributing to the Society’s bottomlines, bring in a total of 6,752, total loans disbursement of KSh 585.3 million and mobilizing deposits worth KSh 341.5 million.
Cosmopolitan SACCO also held its AGM this past weekend, with a return of 16.5% on Share Capital and 12.05% on member’s deposits.
Despite a harsh business environment in 2025 and various economic challenges that affected the peoples’ purchasing power and ability to save, SACCOs appear resilient and remained focused.
Tower SACCO was founded in 1976 by a group of primary school teachers in Ol’Kalou, Kenya. The SACO was designed to provide its members with a safe and convenient place to save their money, as well as access to affordable loans.
Over the years, Tower Sacco has grown to become one of the largest and most successful SACCOs in Kenya, with a membership of over 250,000 and an asset base of above KSh 20 Billion. The SACCO offers a wide range of financial products and services, including savings accounts, loans, and investment products.
Tower Sacco is a registered co-operative society and is regulated by Sacco Society Regulatory Authority (SASRA).
The SACCO is committed to providing its members with a safe and secure platform to save and borrow in order to achieve their financial goals.
The Society currently boasts of over 29 outlets in 8 counties, more than 300 agents, and offers internet banking and mobile banking services to members.
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