An arbor for a hole saw includes an arbor shaft configured to be coupled to a power tool. The arbor shaft defines a longitudinal axis. The arbor also includes an arbor stem supported by the arbor shaft. The arbor stem includes at least one arm having a threaded portion configured to engage the hole saw. The arbor further includes an actuator supported by the arbor shaft. The actuator is operable to move the threaded portion of the at least one arm relative to the longitudinal axis.