Kerndt Brothers Savings Bank

 

USDA subsidy information for Kerndt Brothers Savings 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 1995-2023
Total Commodity Programs$238,856
Total Conservation Programs$43,348

Commodity subsidy breakdown

Subsidy ProgramTotal Payments 1995-2023
Total Commodity Programs$238,856
Coronavirus Food Assistance Program - Round 1$72,557
    CFAP Round 1 Payments$72,306
    CFAP Round 1 - Top up payment for cattle$251
Coronavirus Food Assistance Program - Round 2$95,137
    CFAP Round 2 Payments$71,276
    CFAP Round 2 - Top up payment for acreage based commodities$23,862
Market Facilitation Program (MFP)$68,954
    Market Facilitation Program Payment (MFP) - Non-specialty crops$68,954
Agricultural Risk Coverage (ARC) Program$420
    Agricultural Risk Coverage County Payment (ARC-CO)$420
Price Loss Coverage Program (PLC)$1,787
    Price Loss Coverage Program Payments (PLC)$1,787

Conservation subsidy breakdown

Subsidy ProgramTotal Payments 1995-2023
Total Conservation Programs$43,348
Conservation Reserve Program$43,348
    CRP - Annual Land Rental$43,348
 

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