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Mask Up, Minnesota

Effective 07/25/2020 Community Bank Owatonna will require all individuals entering the bank to wear a mask as required by MN Emergency Executive Order 20-81. See the MN Department of Health for more information.

Bill Pay Maintenance

During the weekend of October 24-25, 2020 CBO will be conducting maintenance on our Digital Banking Suite Bill Pay product. Bill Payments will not be available from 10:00 PM Oct. 24 to 4:00 AM Oct. 25. We apologize for this inconvenience.

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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