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 Farm Owner
Luna County, New Mexico Farm Owner
Cimarron County, Oklahoma Farm Owner
Baylor County, Texas Farm Owner
Cochran County, Texas Farm Owner
Collin County, Texas Farm Owner
Denton County, Texas Farm Owner
Fannin County, Texas Farm Owner
Gaines County, Texas Farm Owner
Grayson County, Texas Farm Owner
Hansford County, Texas Farm Owner
Hunt County, Texas Farm Owner
Lamar County, Texas Farm Owner
Rockwall County, Texas Farm Owner
Sherman County, Texas Farm Owner
Yoakum County, Texas Farm Owner
Wilbarger County, Texas Farm Owner
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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