The Story Behind
Sesdac

A cooperative built on trust, sustained by integrity, and dedicated to the long-term financial wellbeing of every member we serve.

Who We Are

Sesdac Credit Union is a member-owned financial cooperative founded in 2009 by forty-seven individuals who shared a vision: that accessible, transparent, and fair financial services should not be a privilege — they should be a right.

Unlike commercial banks that answer to shareholders, we answer to our members. Every policy we implement, every product we design, and every decision our board makes is guided by a single question: "Does this serve our members' best interests?"

Over fifteen years, we have grown from a small cooperative with modest resources into a trusted regional institution managing millions in member savings and disbursing transformative financing to individuals, families, and businesses across the community.

2009
Cooperative Founded
47 founding members pooled resources to establish Sesdac with an initial fund of $120,000.
2013
1,000 Members Milestone
Reached our first major membership milestone and expanded into business lending.
2017
Digital Banking Launch
Launched our online and mobile banking platform, extending financial access to members anywhere.
2022
SME Scholarship Program
Launched our annual scholarship fund supporting member families in higher education.
2026
5,200+ Members Strong
Serving the region as a leading cooperative institution with $12M+ in active loans.

What Drives Us Every Day

Our Mission

To empower individuals, families, and businesses through accessible, affordable, and member-centered financial services — fostering economic independence, financial literacy, and sustainable community prosperity.

We believe every person deserves dignified access to financial tools that serve their life goals — not the other way around. Our cooperative model ensures that profit motive never overrides member welfare.

Our Vision

To become the most trusted financial institution in the region — a cooperative where every member thrives, every community is stronger, and financial security is achievable for all.

We envision a future where financial inclusion is the norm, where our members build generational wealth, and where Sesdac is recognized as the gold standard of cooperative finance in West Africa.

Our Core Values

These six principles are not aspirations — they are standards we hold ourselves to daily, in every decision and every interaction.

Integrity

We do what is right, not what is easy. Transparent operations, honest communication, and ethical conduct are non-negotiable at every level of the organization.

Trust

Trust is earned through consistency. We honor every commitment, protect every deposit, and ensure members always know exactly where their money is and how it is working for them.

Transparency

No hidden fees, no confusing fine print, no surprise charges. Our rates, terms, and processes are clear and openly communicated to every member.

Innovation

We continuously improve our products, processes, and technology to serve members better — while never losing sight of the human relationships that define a cooperative.

Member Satisfaction

Our members are the reason we exist. Every service touchpoint is designed to exceed expectations, resolve issues quickly, and demonstrate that we genuinely care.

Community Impact

We invest in the communities our members live in — through scholarships, local business support, financial literacy programs, and charitable partnerships.

The Team Guiding
Your Financial Future

An experienced, diverse, and community-rooted leadership team committed to the cooperative vision.

SO

Samuel Ofori

Chief Executive Officer

Over 22 years in cooperative finance and community banking. Founding member and architect of Sesdac's growth strategy.

EA

Efua Agyemang

Chief Financial Officer

CFA charterholder with deep expertise in credit risk, investment management, and cooperative balance sheet optimization.

KD

Kofi Darkwah

Head of Lending

16 years in credit underwriting and SME financing. Champion of Sesdac's innovative community lending programs.

AB

Akosua Boateng

Director, Member Services

Focused on member experience, financial education, and ensuring every touchpoint reflects Sesdac's cooperative values.

Why Credit Unions
Exist — and Why It Matters

Credit unions were created to solve a problem as old as banking itself: the conflict of interest between those who hold money and those who need it. When a bank serves shareholders, its incentive is to maximize the spread between what it pays depositors and what it charges borrowers.

A credit union has no such conflict. Depositors and borrowers are the same people — the members. Surplus earnings are returned as dividends, lower loan rates, or enhanced services. This is not a marketing claim; it is the legal and operational structure we operate under.

"People helping people" is not a slogan at Sesdac — it is the legal foundation of everything we do and how we measure our success."

Samuel Ofori, CEO
0%
External Shareholders
100%
Member-Owned
1 Vote
Per Member, Always
$250K
Deposit Insurance

Beyond Banking —
Building Community

Every dollar we manage eventually returns to the communities our members live, work, and raise families in.

Education Scholarships

$180,000+ awarded to member families since 2022, supporting secondary and tertiary education.

SME Business Grants

Seed funding and mentorship for 140+ small businesses through our Community Enterprise Program.

Financial Literacy

Free monthly workshops reaching 3,200+ participants annually on budgeting, savings, and investment.

Community Projects

Partnered with 18 local NGOs on environmental, health, and civic projects benefiting the wider region.

Become Part of
Something Greater

When you join Sesdac, you're not just opening a bank account — you're becoming a co-owner of a cooperative that works for you and invests in your community.