Legend Bank

 

USDA subsidy information for Legend Bank

Legend Bank received payments totaling $1,204,393 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 $77,395 $1,116,710 $1,194,105
2020 $0 $3,854 $6,434 $10,288
Total $0 $81,249 $1,123,144 $1,204,393

Crop Summary for Legend Bank

Crop Payments 1995-2020‡
Price Loss Coverage Payments$996,214
Livestock Subsidies$7,507

Counties where payments were made from

County Subsidy Payments 1995-2020‡
Lea County, New Mexico $2,792
Luna County, New Mexico $9,155
Cimarron County, Oklahoma $11,791
Baylor County, Texas $91,568
Cochran County, Texas $216,070
Collin County, Texas $102,934
Denton County, Texas $12,453
Fannin County, Texas $14,267
Gaines County, Texas $158,376
Grayson County, Texas $12,000
Hansford County, Texas $16,118
Hunt County, Texas $79,401
Lamar County, Texas $61,137
Rockwall County, Texas $13,019
Sherman County, Texas $138,263
Yoakum County, Texas $261,647
Wilbarger County, Texas $3,402
Total $1,204,393

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

 

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