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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

Classic Checking with Interest

Improving on a Classic

This account includes the same features as our Classic Checking Account with an added bonus: by maintaining at least $500.00 in your balance, you can earn interest each month.

Classic Checking with Interest Details

  • Minimum opening deposit: $500.00
  • Minimum balance: $500.00 or $1,000.00 average balance
  • Monthly minimum balance charge: $10.00 (if below required minimum)
  • Interest earned monthly
  • Account statements: monthly
  • Unlimited account activity
  • Free debit card
  • Free Online Banking and Bill Pay

More Information

Checking FAQ Debit Card FAQ


 

* APY = Annual Percentage Yield

Classic Checking with Interest

Comparison table of Classic Checking with Interest
Min. Opening Deposit Balance/Term Interest Rate APY*
$500 $0.01 and above 0.01% 0.01%

Your Personal 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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