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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.

Personal Banking

Putting Relationships First

“Personal Banking” is more than just a buzzword at Community Bank Owatonna; in fact, we take a personal approach to everything we do.

As a small community bank, we believe in developing strong, personal relationships with our customers. Your phone calls are answered by real folks here in Owatonna, and all decisions are made quickly and locally by people you know and trust.

We can’t wait to help you!

Checking Accounts

We offer four fantastic checking accounts at CBO, including one that earns interest on higher balances.

Checking Accounts

Savings Accounts

Choose between our Classic Savings and Early Saver accounts. Both feature competitive rates!

Savings Accounts

Money Markets

Enjoy a higher interest rate with a money market account, featuring built-in flexibility, so you can access your money when you need it.

Money Markets

Certificates of Deposit

With a certificate of deposit (CD), you set aside your balance for a predetermined time, earning our best interest rates.

Certificates of Deposit

Health Savings Accounts

If you have a high-deductible health insurance plan, a health savings account (HSA) can help you cover out-of-pocket costs.

Health Savings Accounts

Credit Cards

With a Visa Rewards Platinum card, you earn points with every purchase and many more benefits.

Credit Cards

More Services

We also are happy to offer the following services: money orders, cashier’s checks, Visa gift cards and safe deposit boxes.

More Services

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