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Community Bank Owatonna


Overview / Commentary
www.cbowatonna.com
507-455-2265
640 Bridge Street
Owatonna, MN 55060

Community Bank Owatonna is headquartered in Owatonna and is the 217th largest bank in the state of Minnesota. It is also the 4,591st largest bank in the nation. It was established in 2003 and as of December of 2019, it had grown to 10 employees at 1 location. Community Bank Owatonna's money market rates are 36% higher than the national average, and it has a B+ health rating.

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Health
B+

Data as of Q4 2019

Learn why bank health matters
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. Community Bank Owatonna has a relatively low asset base.

Health Grade Components

Overall
FDIC Certificate #57468
Year Established2003
Employees10
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.56%
Return on Equity - YTD6.17%
Annual Interest Income$2.5MM
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$60.8MM$56.5MM
LoansQ4 2019vs Q4 2018$42.9MM$39.1MM
DepositsQ4 2019vs Q4 2018$54.4MM$50.5MM
Equity CapitalQ4 2019vs Q4 2018$5.4MM$5.1MM
Loan Loss AllowanceQ4 2019vs Q4 2018$446.00K$424.00K
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$0$0
Real Estate OwnedQ4 2019vs Q4 2018$0$0
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Community Bank Owatonna Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%*$10k*-Health Savings
OTHER TIERS: 0.01% → Up to $5k | 0.03% → $5k - $10k
0.05%*$10k*-Classic Savings
OTHER TIERS: 0.01% → Up to $5k | 0.03% → $5k - $10k
0.05%*$10k*-Business Classic Savings
OTHER TIERS: 0.01% → Up to $5k | 0.03% → $5k - $10k
0.03%$25-Early Saver Savings

Community Bank Owatonna Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.60%*$90k*-Smart Rate Money Market
OTHER TIERS: 0.15% → Up to $25k | 0.30% → $25k - $50k | 0.45% → $50k - $90k
0.15%*$50k*-Business Money Market Savings
OTHER TIERS: 0.05% → Up to $25k | 0.10% → $25k - $50k

Community Bank Owatonna Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%*$10k*-Prime Checking
OTHER TIERS: 0.01% → Up to $5k | 0.03% → $5k - $10k
0.05%*$10k*-"55" Classic Checking
OTHER TIERS: 0.01% → Up to $5k | 0.03% → $5k - $10k
0.03%--Classic Checking With Interest
0.03%--Business Checking With Interest

Community Bank Owatonna CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.40%$5k-51 Month CD Special
1.40%$5k-Business 51 Month CD Special
1.25%$1k-5 Year CD
1.25%$1k-Business 5 Year CD
1.25%$5k-30 Month CD Special
1.25%$5k-Business 30 Month CD Special
1.09%$5k-9 Month CD Special
1.09%$5k-Business 9 Month CD Special
1.00%$1k-4 Year CD
1.00%$1k-Business 4 Year CD
0.75%$1k-3 Year CD
0.75%$1k-Business 3 Year CD
0.50%$1k-2 Year CD
0.50%$1k-Business 2 Year CD
0.25%$1k-1 Year CD
0.25%$1k-Business 1 Year CD
0.10%$1k-182 Day CD
0.10%$1k-Business 182 Day CD
0.05%$1k-91 Day CD
0.05%$1k-Business 91 Day CD
Locations


Community Bank Owatonna Locations
Community Bank Owatonna640 Bridge StreetOwatonna, MN 55060

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