Skip to main content Go to Online Banking

Free Kasasa Checking and Savings!

Check out our free Kasasa accounts and their benefits now! - Kasasa Accounts

Scheduled Maintenance for the weekend of 6-24-22 thru 6-26-22

There is maintenance scheduled for this weekend (June 24-26). There could be a potential for sporadic availability of images throughout the weekend. Community Bank Owatonna will be available normal hours on Friday and Saturday if you have issues please call.

4th of July Closing

Community Bank Owatonna will be closed Saturday July 2nd through Monday July 4th for the holiday. Please have a wonderful and safe holiday.

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

* By law transfers from a savings or money market account to another account or to third parties by pre-authorized, automatic, or telephone transfers are limited to 6 per month.

Some content requires Adobe Acrobat Reader to view.