Sb1 Federal Credit Union was originally founded in 1977 by employees of the SmithKline Corporation. Unsatisfied with the banking services available to them at the time, our founders chartered a new kind of institution with the goal of finding a better way to serve their own needs and the needs of their coworkers. Over the past three decades Sb1 Federal Credit Union has evolved into a full-service, member-oriented financial institution. Sb1 has partnered with over one hundred companies across the country to provide them a no cost employee benefit as well as serving anyone who lives, works, worships or attends school in Philadelphia, south of Lehigh Avenue.