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!
*New* Kasasa Accounts
Make the most of your money! It's so easy, you're probably already doing it.
We offer many fantastic checking accounts at CBO, including one that earns interest on higher balances.
Choose between our Classic Savings and Early Saver accounts. Both feature competitive rates!
Enjoy a higher interest rate with a money market account, featuring built-in flexibility, so you can access your money when you need it.
Certificates of Deposit
With a certificate of deposit (CD), you set aside your balance for a predetermined time, earning our best interest rates.
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.
With a Visa Rewards Platinum card, you earn points with every purchase and many more benefits.
We also are happy to offer the following services: money orders, cashier’s checks, Visa gift cards and safe deposit boxes.