News

Certain businesses are required to file Beneficial Ownership Information by January 1, 2025.

Email scams account for 96 percent of all phishing attacks, making email the most popular tool for the bad guys. Often, the scammer will disguise the email to look and sound like it’s from your …

We get it. You hoped the day would never come when you learned someone used your personal information to open new credit accounts in your name. But it did. So now what? Act fast. It can help reduce …

A massive data breach by a company named National Public Data could have made billions of personal financial records vulnerable. Many Americans are wondering if they’ve been personally affected and…

Get a call about fraud activity on your bank account? It could be a scammer.

Before you spend money on that celebrity-endorsed premium cookware, weight loss product, or can’t-miss money-making opportunity, pause. Take a breath. Are you sure a celebrity or influencer is …

Finding an apartment or house to rent that’s safe, affordable, and near amenities you want can be hard for anyone. Here are ways to spot and avoid rental scams.

With spring break happening or about to make sure you are not doing things on social media that will make you a target.

Romance scammers use lots of tricks to meet people. They might find you on a dating site, send you a surprise friend request on social media, or start a chat with you on a gaming site. If you answer, …

Transactions occurring after close of business on Friday, December 29, 2023 will be processed on the next business day which is Tuesday, January 2, 2024.

If you follow your favorite businesses on social media to get updates about upcoming events or promotions, you’re not the only one. Scammers are watching too — and they may hijack legit …

You never need to pay to sign up for government student loan debt relief programs — but scammers will tell you otherwise.

When you hear about a can’t-miss investment opportunity your first reaction might be to jump right in. Don’t. But how do you tell the difference between a legitimate investment — and a scam?

what to do if you paid some scammer, gave them personal information, or if they have access computer or phone.

We are extremely excited about the impact this construction project will have on the community of Owatonna. We are truly building our future in order to serve you!

Tax season has officially arrived which means it is prime time for tax scams and identity theft. It is important to protect your valuable personal and financial information.

Follow these tips to help you stay safe online and with your devices at the holidays and all year long!

The Owatonna Holiday Lights Parade had a huge turnout last Thursday, December 2nd. Community Bank Owatonna was excited to be part of something so special to this town.

Picking the best antivirus software for Windows means finding one that keeps your PC safe, doesn't take up a lot of system resources, is easy to use and stays out of the way till you need it. …

Engage Owatonna is a new website for ALL community members.

Did you know 1 in 99 emails is a phishing attack? Here are 5 clues that always give away a scam.

With your current passwords in mind, how long do you think it would take a hacker to crack them? Keep reading for a tool that will show you just how strong your passwords are. You’ll probably be …

A California man said a scammer duped him by playing on his fear of being scammed. David Barnett told San Francisco’s KGO-TV that he received a call from someone claiming to be a Bank of America …

Scammers often disguise themselves as people working for the government and might pretend to offer help. But, really, they’re after your money or personal information.

As part of the American Rescue Plan Act, eligible families will get monthly payments from the government from July 15 through December 2021. The Internal Revenue Service (IRS) will send these monthly …

It’s never too late to find love, and lots of dating sites and apps are there to help. But scammers are out to steal your heart, too…and then steal your money. This Older Americans Month, let’s …

If you received a PPP (Paycheck Protection Program) loan for your farm or business, you understand that obtaining the funds is only part of the process. You also want to have the loan fully forgiven.…

According to the National Weather Service, the peak severe weather season is during the spring months of March, April, and May. Already this season, we’ve seen heavy rains, flooding, and tornados in…

The current round of PPP funding has been extended, allowing applications to be submitted before May 31, 2021. If you are a local business owner, independent contractor, or farmer, you may be …

Let’s say you get an email about a charge to your credit card for something you aren’t expecting or don’t want. Your first instinct may be to immediately call the company or respond to the email…

The current round of PPP funding expires on March 31, 2021. All applications must be submitted and approved by that time. If you are a local business owner, independent contractor, or farmer, you …

During the pandemic, we’re doing more online – working, connecting with family and friends, shopping, and banking. So, if something goes wrong with your device, you want to fix it right away. …

Credit scores tell a lender the likelihood that someone will repay their loan on time. They are a key factor in determining not only if a loan request is granted, but what the cost of that credit …

With the new year in full swing, most of us are working on a time-honored tradition…completing our income tax return. While the process isn’t easy or fun, many people will soon reap the benefit …

The unprecedented volume of unemployment insurance fraud witnessed in 2020 hasn’t abated, although news coverage of the issue has largely been pushed off the front pages by other events. But the ID …

Round Two of the SBA PPP (Paycheck Protection Program) has arrived, and Community Bank Owatonna is a participating lender. Any local business can apply with us, no matter where you bank.

The first round of the Economic Stimulus Payments will post to Community Bank Owatonna accounts no later than 8:00 AM on Monday, January 4.

Another federal stimulus package is on the way, and that will include a 2021 version of the popular SBA PPP (paycheck protection program). Community Bank Owatonna once again will take a lead role in …

Winter has arrived here in southern Minnesota, and so has the holiday season. As the end of the year approaches, it offers a time for reflection. Looking back, I’m pleased to report that 2020 has …

Every day, thousands of people fall victim to fraudulent emails, texts and calls from scammers pretending to be their bank. Add to that this time of expanded use of online banking and the busy …

Due to the rapidly increasing spread of COVID-19, effective Friday, November 27, our lobby will be closed until further notice.

When you talk with friends and family over the holidays, you may hear about new puppies, old sports rivalries, and dreams of the next vacation. As you join the conversation, why not share some ideas …

Saturday, November 28, the first Saturday after Thanksgiving, is designated as “Small Business Saturday”. On this day people are encouraged to shop locally for their holiday gift giving needs.

As Veteran’s Day approaches, Community Bank Owatonna thanks every one of our veterans for your service to our country.

Every day, thousands of people fall victim to fraudulent emails, texts and calls from scammers pretending to be their bank. And in this time of expanded use of online banking, the problem is only …

Community Bank Owatonna is looking out for your financial health. Did someone tell you to pay with gift cards? It's a scam.

Community Bank Owatonna has some exciting news for our commercial customers. On April 1, 2021, we will begin offering businesses a cash management suite of deposit products and services! This …

The SBA has opened the window for local businesses and nonprofits to apply for Paycheck Protection Program (PPP) loan forgiveness.

Homeland Security's National Cyber Awareness System has issued an alert concerning an unknown malicious cyber actor who is spoofing a Small Business Administration COVID-19 loan relief webpage …

During these difficult economic times, it is easy to imagine our financial problems disappearing by winning a big prize. Who wouldn’t like to win a million dollars, a new car, or a vacation home? …

2020 has been an unpredictable and difficult year for everyone. COVID-19 led to a swift and severe recession that threatened businesses and individuals alike. As a community bank, we have a unique …

As you can see, our bank has a new website! We are excited to roll out the new and improved www.cbowatonna.com. However, we didn't stop there-we have enhanced our online banking experience as …

If you apply for a mortgage, your inbox, answering machine, and mailbox may fill up quickly with competing offers from other mortgage companies.

Important links to COVID-19 information for consumers and workers. Financial information and fraud prevention links.

The SBA is accepting applications for its Paycheck Protection Program, and we are pleased to assist both customers and noncustomers.

As we monitor developments with COVID-19, Community Bank Owatonna recognizes that some customers may be negatively impacted.

Fake checks drive many types of scams — like those involving phony job and income opportunities, online classified ad sales, and others.

Technology is ever-changing and rapidly evolving in all areas of our world, and that includes banking.