Independent Bank

 

USDA subsidy information for Independent Bank

Independent Bank received payments totaling $327,067 from 1995 through 2020'‡';

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
1995-2020‡
1995 $0 $0 $0 $0
1996 $0 $0 $0 $0
1997 $0 $0 $0 $0
1998 $0 $0 $0 $0
1999 $0 $0 $0 $0
2000 $0 $0 $0 $0
2001 $0 $0 $0 $0
2002 $0 $0 $0 $0
2003 $0 $0 $0 $0
2004 $0 $0 $0 $0
2005 $0 $0 $0 $0
2006 $0 $0 $0 $0
2007 $0 $0 $0 $0
2008 $0 $0 $0 $0
2009 $0 $0 $0 $0
2010 $0 $0 $0 $0
2011 $0 $0 $0 $0
2012 $0 $0 $0 $0
2013 $0 $0 $0 $0
2014 $0 $0 $0 $0
2015 $0 $0 $0 $0
2016 $0 $0 $0 $0
2017 $0 $0 $0 $0
2018 $0 $0 $0 $0
2019‡ $0 $0 $294,327 $294,327
2020 $0 $0 $32,740 $32,740
Total $0 $0 $327,067 $327,067

Crop Summary for Independent Bank

Crop Payments 1995-2020‡
Price Loss Coverage Payments$269,567

Counties where payments were made from

County Subsidy Payments 1995-2020‡
Collin County, Texas $13,518
Denton County, Texas $5,008
Fannin County, Texas $90,506
Grayson County, Texas $196,509
Hunt County, Texas $2,887
Lamar County, Texas $18,640
Total $327,067

‡ Data for 2020 includes payments made by USDA through June 30, 2020 and does not include crop insurance premium subsidies.

 

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