F & M State Bank Of Springfield
USDA subsidy information for F & M State Bank Of Springfield
F & M State Bank Of Springfield received payments totaling $149,613 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 | $443 | $0 | $71,272 | $71,715 |
| 2020 | $443 | $0 | $77,455 | $77,898 |
| 2021 | $0 | $0 | $0 | $0 |
| Total | $886 | $0 | $148,727 | $149,613 |
Counties where payments were made from
| County | Subsidy Payments 1995-2021 |
|---|---|
| Brown County, Minnesota | $132,741.00 |
| Redwood County, Minnesota | $15,985.00 |
| Yellow Medicine County, Minnesota | $886.00 |
| Total | $149,613 |
Federal crop insurance reform vital for incentivizing climate adaptation on farms
Farm Subsidies Ballooned Under Trump
Is Federal Crop Insurance Policy Leading to Another Dust Bowl?
Double Dipping:
The "Farm Crisis" Myth
Crying Wolf