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Lobby Closing

In response to the resurgence of COVID-19 cases in Steele County, Community Bank Owatonna will be closing our lobby to normal customer traffic effective Friday, November 27, 2020. Our drive-up will be open regular hours. The lobby will also be open by appointment for access to safe deposit boxes and banking needs that cannot be accommodated via the drive-up or the CBO Digital Banking Suite. As required by MN Emergency Order 20-81, all individuals entering the lobby will be required to wear a mask.

Business Banking

Local Solutions for Local Businesses

As Owatonna’s only true hometown bank, we value personal relationships with the business owners of our community. In fact, small businesses make up the core of our customers. Our Owatonna-based team take your calls, and all decisions are made quickly by people you know and trust.

We are the local experts!

Business Checking Accounts

We offer three options to serve businesses of all shapes and sizes.

Business Checking Accounts

Business Classic Savings

Set aside a little or a lot with CBO’s traditional business savings account.

Business Classic Savings

Business Money Markets

If you have a lot to set aside, consider a money market. You can withdraw from the account at any time.

Business Money Markets

Business Credit Cards

When you need access to credit quickly, a business credit card makes borrowing easy.

Business Credit Cards

Business Loans

We offer a full range of lending products designed to help your business meet its financial goals.

Business Loans

Ag Loans

Whether you own a small operation or thousands of acres, we offer real estate financing, operating lines of credit and equipment financing.

Ag Loans

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