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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

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 Borrower Application Form - First Draw (Rev. 01/08/2021)

PPP Borrower Application Form - Second Draw (Rev. 01/08/2021)



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