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First American CEO, William Verhelle, was the 2008 Chairman of the Equipment Leasing and Finance Association (ELFA). The ELFA is the premier trade organization for the $650 billion equipment finance sector. The organization has over 700 member companies, including the nation's largest independent equipment leasing companies, captive equipment leasing companies, and commercial banks. First American Equipment Finance has been a member of the ELFA since 1996.

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William Verhelle, CEO of First American, is an Entrepreneurship@Cornell Advisory Council Member. Entrepreneurship@Cornell works with all campus schools, colleges and organizations to help create and promote entrepreneurship, events, commercialization, and experiential learning opportunities.