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Fortune Names First American EF No. 72 Best Workplace for Millennials

June 27, 2018, 07:05 AM
Filed Under: Industry News

Fortune magazine announced First American Equipment Finance has been ranked No. 72 on the 100 Best Workplace for Millennials list for 2018.

The list recognizes companies that demonstrate respect and fairness in the workplace, provide opportunities for meaningful work and give everyone an opportunity to innovate and contribute to the organization’s success. To develop this year’s list, Great Place to Work surveyed more than 434,000 employees throughout the U.S.

“I am grateful to work with such an exceptional group of people from all generations, working together to build and grow a truly unique business,” said Alan Sikora, CEO of First American Equipment Finance.  "Our colleagues and clients are at the center of all we do.  We have been fortunate to attract many talented early-career professionals that choose to build their career at First American.  It is inspiring to see the fresh perspectives and substantial contributions our colleagues make right from day one."

First American employs 228 colleagues and 78 percent of them were categorized as millennial in the Fortune study. Over the past few years, First American’s new business volume has grown substantially, from $414.2 million in 2015 to $1.029 billion in 2017. During this time, the company created nearly 100 new positions at its Fairport, N.Y., headquarters. Millennial colleagues have been instrumental in the company’s success and First American expects further strong growth in 2018.

“Organizations like First American set the bar for other workplaces seeking to retain and develop the next generation of leaders,” said Michael Bush, CEO of Great Place to Work.

Fortune also ranked First American, as a Best Midsize Workplace in the U.S., Best in New York, Best for Women, Best for Giving Back and Best for New Grads. Entrepreneur Magazine likewise named First American as a Top Company Culture and Selling Power Magazine named First American among the Best to Sell For. Best Companies Group named First American as the No. 1 Best Place to Work in New York.

First American is a wholly owned subsidiary of Los Angeles, Calif.-based City National Bank, an RBC Company.

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