Security State Bank

 

USDA subsidy information for Security State 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 1995-2021
Total Commodity Programs$2,436,547
Total Conservation Programs$52,110
Total Disaster Programs$25,353

Commodity subsidy breakdown

Subsidy ProgramTotal Payments 1995-2021
Total Commodity Programs$2,436,547
Market Facilitation Program (MFP)$1,216,509
    Market Facilitation Program Payment (MFP) - Non-specialty crops$1,216,509
Agricultural Risk Coverage (ARC) Program$79,753
    Agricultural Risk Coverage County Payment (ARC-CO)$79,753
Price Loss Coverage Program (PLC)$1,140,285
    Price Loss Coverage Program Payments (PLC)$1,140,285

Conservation subsidy breakdown

Subsidy ProgramTotal Payments 1995-2021
Total Conservation Programs$52,110
Conservation Reserve Program$52,110
    CRP - Annual Land Rental$52,110

Disaster subsidy breakdown

Subsidy ProgramTotal Payments 1995-2021
Total Disaster Programs$25,353
Livestock Indemnity Program (LIP)$231
    Livestock Indemnity Payments$231
Non-insured Disaster Assistance$1,865
    Non-insured Assistance Payment$1,865
Livestock Forage Disaster Program$23,257
    Livestock Forage Disaster Payments$23,257
 

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