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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.

Early Saver

For Kids Only

If you are younger than 18 and have $25.00, you can start earning interest on your money with an Early Saver savings account from CBO.

Early Saver Details

  • Minimum opening deposit: $25.00
  • Minimum balance: $25.00
  • Monthly minimum balance charge: $5.00 (if below required minimum)
  • Earn interest quarterly
  • Account statements: quarterly
  • Withdrawals per month: 4

 

* APY = Annual Percentage Yield

Early Saver Savings (Younger than 18)

Comparison table of Early Saver Savings (Younger than 18)
Min. Opening Deposit Balance/Term Interest Rate APY*
$25 Personal 0.01% 0.01%

Savings Calculator

Your Personal Banking Team

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

Get Started with Your Savings Account Request

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