First American Education Finance (FAEF) Agreement

ICUT has partnered with First American Education Finance, in partnership with City National Bank, to provide a purchasing card solution for member schools. The program has no fees, and each participating institution will be able to utilize a customized back end platform to streamline the reconciliation process. City National’s implementation team will build the online platform to meet the requirements of each school’s general ledger. All participating members will receive a rebate based on the combined spend of the group. Contact Phil Palermo at or 786-475-7234 for more information or to schedule a demo.