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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.

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We are hiring for a Part Time Personal Banker. Please see our Career page for more details. Careers

News

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.

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