It’s hard to believe that MaineStream Finance (MSF) turns 20 this year! MaineStream Finance was actually incorporated by Penquis in 2000 and became a fully-certified Community Development Financial Institution (CDFI) in 2001. MSF existed even before 2000, when housing counseling and a small business loan fund began in the mid-1990s. Since that time, MaineStream Finance has grown into three primary categories of services and financial products:
- Home Ownership with housing counseling and home lending
- Small Business with advisory, workshops and loans
- Personal Finance with FDA savings accounts and financial coaching
Originally, pre-COVID-19, we were going to hold a 20th anniversary bash to celebrate, but that will not be happening. We will be providing updates and outreach on our website and with Penquis’ website over the next few months. In the meantime, check out our website’s MaineStream Finance history and timeline and reach out to some of the great staff members below to say congratulations to MaineStream Finance in attaining organizational adulthood. Happy Birthday, MaineStream Finance, and thank you so much to Penquis and staff for such great support and making us part of the family 20 years ago!