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Free Kasasa Checking and Savings!

Check out our free Kasasa accounts and their benefits now! - Kasasa Accounts

Scheduled Maintenance for the weekend of 6-24-22 thru 6-26-22

There is maintenance scheduled for this weekend (June 24-26). There could be a potential for sporadic availability of images throughout the weekend. Community Bank Owatonna will be available normal hours on Friday and Saturday if you have issues please call.

4th of July Closing

Community Bank Owatonna will be closed Saturday July 2nd through Monday July 4th for the holiday. Please have a wonderful and safe holiday.

Classic Savings

Start Earning Interest for as Little as $50.00

A savings account is the foundation of any solid financial plan. Our Classic Savings Account features competitive rates and the tools to manage your money.

Classic Savings Details

  • Minimum opening deposit: $50.00
  • Minimum balance: $50.00
  • Monthly minimum balance charge: $5.00 (if below required minimum)
  • Interest earned monthly
  • Account statements: quarterly
  • Withdrawals per month: 6
  • Free debit card
  • Free Online Banking

More Information

Debit Card FAQ


 

* APY = Annual Percentage Yield

Health Savings

Comparison table of Health Savings
Min. Opening Deposit Balance/Term Interest Rate APY*
$50 $0.01 – $4,999.99 0.05% 0.05%
$50 $5,000.00 – $9,999.99 0.05% 0.05%
$50 $10,000.00 and above 0.10% 0.10%

Savings Calculator

Your Personal Banking Team

Shannon Rhoades
Shannon Rhoades Operations Supervisor About Me
Hope Allen
Hope Allen Personal Banker About Me
Stacey Krause
Stacey Krause Personal Banker About Me

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