First National Bank Sterling City

 

USDA subsidy information for First National Bank Sterling City

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 1995-2023
Total Commodity Programs$245,818

Commodity subsidy breakdown

Subsidy ProgramTotal Payments 1995-2023
Total Commodity Programs$245,818
Coronavirus Food Assistance Program - Round 1$6,030
    CFAP Round 1 Payments$6,030
Coronavirus Food Assistance Program - Round 2$5,970
    CFAP Round 2 Payments$5,970
Price Loss Coverage Program (PLC)$233,818
    Price Loss Coverage Program Payments (PLC)$233,818
 

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