First State Bank Of Shelby

 

USDA subsidy information for First State Bank Of Shelby

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$2,343,297
Total Conservation Programs$8,650

Commodity subsidy breakdown

Subsidy ProgramTotal Payments 1995-2021
Total Commodity Programs$2,343,297
Agricultural Risk Coverage (ARC) Program$56,437
    Agricultural Risk Coverage County Payment (ARC-CO)$49,002
    Agricultural Risk Coverage Individual Payment (ARC-IC)$7,435
Price Loss Coverage Program (PLC)$2,286,860
    Price Loss Coverage Program Payments (PLC)$2,286,860

Conservation subsidy breakdown

Subsidy ProgramTotal Payments 1995-2021
Total Conservation Programs$8,650
Conservation Reserve Program$8,650
    CRP - Annual Land Rental$8,650
 

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