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 1995-2021 |
|---|---|---|---|---|
| 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 |
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