We designed and implemented a novel combination of a Sagnac-interferometer with a Mach-Zehnder interferometer for a source of polarization-entangled photons. The new versatile configuration does not require multi-wavelength polarization optics, yet it performs with a good polarization quality and phase-stability over a wide wavelength range. We demonstrate the interferometer using only standard commercial optics to experimentally realize the pulsed generation of polarization-entangled photon-pairs at wavelengths of 764nm and 1221nm via type-I spontaneous four-wave mixing in a polarization-maintaining fiber. Polarization entanglement was verified by a polarization-correlation measurement with a visibility of 95.5% from raw coincidence counts and the violation of the Clauser-Horne-Shimony-Holt (CHSH) inequality with $S=2.70pm0.04$. The long-term phase-stability was characterized by an Allan deviation of 8$^circ$ over an integration time of about 1 hour with no active phase-stabilization.
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