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

Savings Accounts

Smart Ways to Save

Whether you’re saving for a summer vacation or a rainy day, we have the savings plan that is right for you:

Comparison table of personal checking accounts
	Classic Savings	Early Saver	Money Markets	Certificates of Deposit
Minimum Opening Deposit	$50.00	$25.00	$25,000.00	$1,000.00
Minimum Balance	$50.00	None	$25,000.00	$1,000.00
Monthly Minimum Balance Charge	$5.00 (if below required minimum)	N/A	$20.00 (if below required minimum)	N/A
Interest Bearing	Yes (See Rates)	Yes (See Rates)	Yes (See Rates)	Yes (See Rates)
Account Statements	Quarterly	Quarterly	Monthly	Monthly
Unlimited Account Activity	6	6	6	None
Free Debit Card
Free Online Banking
Product Details	Learn More	Learn More	Learn More	Learn More