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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

Providing the Essentials

For small businesses and those organizations with a modest amount of account activity, CBO’s Business Checking Account is the way to go.

Business Checking Details

  • Minimum opening deposit: $100.00
  • Minimum balance: none
  • Monthly minimum balance charge: $7.50
  • Account activity: 75 checks and/or deposit items
  • Account statements: monthly
  • Free debit card
  • Online Banking and Bill Pay

Visit our office to open an account.

Your Business Banking Team

Shannon Rhoades
Shannon Rhoades Operations Supervisor About Me
Hope Allen
Hope Allen Personal Banker About Me
Roxanne Rezac
Roxanne Rezac Personal Banker About Me
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