Frandsen Bank & Trust

 

USDA subsidy information for Frandsen Bank & Trust

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 1995-2023
Total Commodity Programs$246,891
Total Disaster Programs$288,684

Commodity subsidy breakdown

Subsidy ProgramTotal Payments 1995-2023
Total Commodity Programs$246,891
Market Facilitation Program (MFP)$44,158
    Market Facilitation Program Payment (MFP) - Non-specialty crops$44,158
Agricultural Risk Coverage (ARC) Program$34,750
    Agricultural Risk Coverage County Payment (ARC-CO)$34,750
Price Loss Coverage Program (PLC)$167,983
    Price Loss Coverage Program Payments (PLC)$167,983

Disaster subsidy breakdown

Subsidy ProgramTotal Payments 1995-2023
Total Disaster Programs$288,684
Wildfires and Hurricane Indemnity Program Payments$288,684
    Wildfires and Hurricane Indemnity Program Payments - Milk Loss$288,684
 

Farm Subsidies Education

AgMag