Finance Authority of Maine Email Format
Financial ServicesMaine, United States51-200 Employees
Finance Authority of Maine (FAME) is a quasi-independent state agency within the financial services sector, headquartered in Augusta. It develops and provides solutions designed to help Maine people and businesses pursue educational and entrepreneurial opportunities. The organization serves as a bridge between public policy and financial tools, supporting programs and partnerships that expand access to education and business growth across the state. A notable development in 2023 was a partnership with Vestwell Holdings to implement enhancements to the NextGen 529 college savings program. The agency has also engaged in collaborative efforts with organizations like the Consumer Financial Protection Bureau to support family financial education, illustrating its role in Maine's financial services ecosystem.