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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.

Helpful Loan Documents

Here are some helpful loan documents that will help your lender speed up your loan process.

Use these documents to apply for a loan.

For consumer loans, utilize the consumer credit application.  For loans to a corporation or LLC, each of the business owners/loan guarantors should utilize the personal financial statement.  All documents should be fully completed, signed, and dated.  You may choose to complete the forms as follows:


  1. Print the document, complete it by hand, and provide it to the bank.
  2. Complete the document online as a fillable .pdf, print it, and provide it to the bank.
  3. Complete the document online as a fillable .pdf, then save it to your computer or mobile device. 

You may provide us the document by dropping it off in person, sending it by mail, or scanning/saving it to your computer or mobile device and utilizing our Secure File Transfer .  At this time E-Sign is not available so please sign the document before providing it to the bank.

Consumer Credit Application

Personal Financial Statement

Important SBA PPP Documents

PPP Loan Forgiveness Application Form 3508EZ

PPP Loan Forgiveness Application

PPP Loan Forgiveness Application for Qualifying PPP Loans Under $50,000

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