American Momentum Bank


USDA subsidy information for American Momentum Bank

American Momentum Bank received payments totaling $2,005,476 from 1995 through 2021

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.

Year Conservation Subsidies Disaster Subsidies Commodity Subsidies Total USDA Subsidies
2019 $0 $0 $946,543 $946,543
2020 $0 $0 $1,058,933 $1,058,933
2021 $0 $0 $0 $0
Total $0 $0 $2,005,476 $2,005,476

Counties where payments were made from

County Subsidy Payments 1995-2021
Cochran County, Texas $37,866.00
Dallam County, Texas $0.00
Dawson County, Texas $387,777.00
Gaines County, Texas $1,204,861.00
Lynn County, Texas $21,104.00
Midland County, Texas $30,955.00
Pecos County, Texas $2,581.00
Terry County, Texas $242,757.00
Yoakum County, Texas $77,575.00
Total $2,005,476

Farm Subsidies Education