Saks Fifth Avenue EFCU was founded in 1976 by eight dedicated Saks & Company associates. Today we provide convenient and affordable financial products and services to over 5,700 members. While we have grown considerably over the years, we are proud to have maintained our family atmosphere and our commitment to personal service.

Unlike other types of financial institutions which need to generate profits to satisfy stockholders, credit unions are not-for-profit financial cooperatives. We return excess earnings to our members in the form of:

• Competitive dividend rates paid on savings and investment accounts
• Competitive interest rates on loans
• The addition of valuable new products and services