USDA subsidy information for Independence 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 Program | Total Payments 1995-2023 |
|---|
| Total Commodity Programs | $19,743,842 |
| Total Conservation Programs | $590,906 |
| Total Disaster Programs | $961,775 |
Commodity subsidy breakdown
| Subsidy Program | Total Payments 1995-2023 |
|---|
| Total Commodity Programs | $19,743,842 |
| Coronavirus Food Assistance Program - Round 1 | $1,457 |
| CFAP Round 1 Payments | $1,457 |
| Coronavirus Food Assistance Program - Round 2 | $467,279 |
| CFAP Round 2 Payments | $194,269 |
| CFAP Round 2 - Top up payment for acreage based commodities | $273,010 |
| Market Facilitation Program (MFP) | $1,443,513 |
| Market Facilitation Program Payment (MFP) - Non-specialty crops | $1,443,513 |
| Agricultural Risk Coverage (ARC) Program | $1,551,654 |
| Agricultural Risk Coverage County Payment (ARC-CO) | $869,566 |
| Agricultural Risk Coverage Individual Payment (ARC-IC) | $682,088 |
| Price Loss Coverage Program (PLC) | $16,279,939 |
| Price Loss Coverage Program Payments (PLC) | $16,279,939 |
Conservation subsidy breakdown
| Subsidy Program | Total Payments 1995-2023 |
|---|
| Total Conservation Programs | $590,906 |
| Conservation Reserve Program | $590,906 |
| CRP - Annual Land Rental | $590,906 |
Disaster subsidy breakdown
| Subsidy Program | Total Payments 1995-2023 |
|---|
| Total Disaster Programs | $961,775 |
| Livestock Indemnity Program (LIP) | $57,180 |
| Livestock Indemnity Payments | $57,180 |
| Non-insured Disaster Assistance | $9,924 |
| Non-insured Assistance Payment | $9,924 |
| Wildfires and Hurricane Indemnity Program Payments | $208,262 |
| Wildfires and Hurricane Indemnity Program Payments - Milk Loss | $208,262 |
| Livestock Forage Disaster Program | $487,201 |
| Livestock Forage Disaster Payments | $487,201 |
| Emergency Conservation Program | $78,113 |
| Emergency Conservation Program | $78,113 |
| Miscellaneous Disaster Programs | $121,094 |
| Quality Loss Adjustment Program | $121,094 |
| Emergency Livestock Assistance Program (ELAP) | $1 |
| Emergency Livestock Assistance Program Payments (ELAP) | $1 |
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