Bank Of Erath

 

USDA subsidy information for Bank Of Erath

Bank Of Erath received payments totaling $734,604 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 $203,663 $203,663
2020 $0 $29,189 $93,248 $122,437
2021 $0 $22,241 $386,263 $408,504
Total $0 $51,430 $683,174 $734,604

Counties where payments were made from

County Subsidy Payments 1995-2021
Vermilion Parish, Louisiana $734,604.00
Total $734,604
 

Farm Subsidies Education

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