Montgomery Bank

 

USDA subsidy information for Montgomery 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 1995-2020‡
Total USDA - Subsidies$1,270,426
Subtotal, Farming Subsidies$1,267,018
Subtotal, Conservation Programs$3,408

Commodity subsidy breakdown

Subsidy ProgramTotal Payments 1995-2020‡
Subtotal, Farming Subsidies$1,267,018
Total Market Facilitation Program$854,896
Market Facilitation Program - Non-specified commodity crops$854,896
Total Price Loss Coverage$330,746
Total Agricultural Risk Coverage$81,376
Agricultural Risk Coverage County Payment$81,376

Conservation subsidy breakdown

Subsidy ProgramTotal Payments 1995-2020‡
Subtotal, Conservation Programs$3,408
Conservation Reserve Program$3,408
CRP - Annual Land Rental$3,408

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

 

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