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Our Lobby is Temporarily Closed

Community Bank Owatonna's lobby is temporarily closed to regular customer traffic. Our drive-up is open regular hours. The lobby is accessable 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.

We are Hiring!

We are hiring for a Part Time Personal Banker. Please see our Career page for more details. Careers

Business Checking Accounts

Easy Spending? Check!

Community Bank Owatonna offers three outstanding options to serve businesses of all shapes and sizes — including yours!

Comparison table of business checking accounts
  Business Checking Corporate Checking Business Checking with Interest*
Minimum Opening Deposit $100.00 $100.00 $100.00
Minimum Balance None None None
Monthly Charge $7.50 $12.00 $7.50
Account Activity 75 checks and/or deposit items Monthly activity analysis Monthly activity analysis
Interest Bearing No Earning Credits
(See Rates)
Yes
(See Rates)
Account Statements Monthly Monthly Monthly
Free Debit Card check mark check mark check mark
Free Online Banking & Bill Pay check mark check mark check mark
Product Details Learn More Learn More Learn More

* Available to sole proprietorships, government accounts and eligible nonprofit organizations.

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