Classic Bank

 

USDA subsidy information for Classic Bank

EWG has identified this recipient as a bank or lending institution that received the payment because the payment applicant had a loan requiring any subsidy payments go to the lender first. In 2019, the information provided to EWG by USDA began to include the entity that received the payment, rather than the person or entity that applied for it, which was previously provided. This move to shield subsidy recipients from disclosure enables USDA to further evade taxpayer accountability. Six percent of subsidy dollars went to banks, lending institutions, or the Farm Service Agency.

Payment Breakdown

Subsidy ProgramTotal Payments 1995-2021
Total Commodity Programs$194,408
Total Disaster Programs$7,466

Commodity subsidy breakdown

Subsidy ProgramTotal Payments 1995-2021
Total Commodity Programs$194,408
Market Facilitation Program (MFP)$66,389
    Market Facilitation Program Payment (MFP) - Non-specialty crops$66,389
Price Loss Coverage Program (PLC)$128,019
    Price Loss Coverage Program Payments (PLC)$128,019

Disaster subsidy breakdown

Subsidy ProgramTotal Payments 1995-2021
Total Disaster Programs$7,466
Livestock Forage Disaster Program$7,466
    Livestock Forage Disaster Payments$7,466
 

Farm Subsidies Education

AgMag