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 Program | Total Payments 1995-2023 |
|---|
| Total Commodity Programs | $716,177 |
| Total Disaster Programs | $26,359 |
Commodity subsidy breakdown
| Subsidy Program | Total Payments 1995-2023 |
|---|
| Total Commodity Programs | $716,177 |
| Coronavirus Food Assistance Program - Round 1 | $549,360 |
| CFAP Round 1 Payments | $457,749 |
| CFAP Round 1 - Top up payment for cattle | $91,612 |
| Coronavirus Food Assistance Program - Round 2 | $94,746 |
| CFAP Round 2 - Top up payment for acreage based commodities | $94,746 |
| Price Loss Coverage Program (PLC) | $72,071 |
| Price Loss Coverage Program Payments (PLC) | $72,071 |
Disaster subsidy breakdown
| Subsidy Program | Total Payments 1995-2023 |
|---|
| Total Disaster Programs | $26,359 |
| Livestock Forage Disaster Program | $26,359 |
| Livestock Forage Disaster Payments | $26,359 |
Increasing crop reference prices would hurt young farmers
Do billionaires get farm subsidies?
Crop insurance pays billions in weather-related losses linked to the climate crisis
Crop insurance costs soar over time, reaching a record high in 2022
As the climate emergency heats up the Southwest, crop insurance payouts for heat surge
In the intensifying climate crisis, a hotter Southwest spurs rising heat-related crop insurance costs
