Beacon Credit Union

 

USDA subsidy information for Beacon Credit Union

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$21,242,448
Total Conservation Programs$21,620
Total Disaster Programs$621,737

Commodity subsidy breakdown

Subsidy ProgramTotal Payments 1995-2023
Total Commodity Programs$21,242,448
Coronavirus Food Assistance Program - Round 1$347,667
    CFAP Round 1 Payments$311,377
    CFAP Round 1 - Top up payment for cattle$36,290
Coronavirus Food Assistance Program - Round 2$1,971,307
    CFAP Round 2 Payments$1,216,875
    CFAP Round 2 - Top up payment for acreage based commodities$754,433
Market Facilitation Program (MFP)$13,805,117
    Market Facilitation Program Payment (MFP) - Non-specialty crops$13,702,387
    Market Facilitation Program Payment (MFP) - Dairy and Hogs$102,730
Agricultural Risk Coverage (ARC) Program$3,478,621
    Agricultural Risk Coverage County Payment (ARC-CO)$2,907,442
    Agricultural Risk Coverage Individual Payment (ARC-IC)$571,179
Price Loss Coverage Program (PLC)$1,520,223
    Price Loss Coverage Program Payments (PLC)$1,520,223
Dairy Programs$119,511
    Dairy Margin Coverage Program$119,511

Conservation subsidy breakdown

Subsidy ProgramTotal Payments 1995-2023
Total Conservation Programs$21,620
Conservation Reserve Program$21,620
    CRP - Annual Land Rental$21,620

Disaster subsidy breakdown

Subsidy ProgramTotal Payments 1995-2023
Total Disaster Programs$621,737
Total Emergency Relief Program$23,259
    Emergency Relief Program (ERP) - Non-specialty Crops$23,259
Wildfires and Hurricane Indemnity Program Payments$598,478
    Wildfires and Hurricane Indemnity Program Payments - Milk Loss$598,478
 

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