Cornerstone Bank

 

USDA subsidy information for Cornerstone 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 ProgramTotal Payments 1995-2021
Total Commodity Programs$1,690,159
Total Disaster Programs$35,845

Commodity subsidy breakdown

Subsidy ProgramTotal Payments 1995-2021
Total Commodity Programs$1,690,159
Agricultural Risk Coverage (ARC) Program$35,974
    Agricultural Risk Coverage County Payment (ARC-CO)$35,974
Price Loss Coverage Program (PLC)$1,654,185
    Price Loss Coverage Program Payments (PLC)$1,654,185

Disaster subsidy breakdown

Subsidy ProgramTotal Payments 1995-2021
Total Disaster Programs$35,845
Livestock Forage Disaster Program$35,845
    Livestock Forage Disaster Payments$35,845
 

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