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 220^th largest bank in the state of Minnesota. It is also the 4,708^th largest bank in the nation. It was established in 2003 and as of June of 2019, it had grown to 11 employees at 1 location. Community Bank Owatonna's money market rates are 82% higher than the national average, and it has a B+ health rating.

Reviews

Write a Review

No reviews have been left for this bank yet. Be the first to review.

Health

B+

Data as of Q2 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 Established	2003
Employees	11
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.59%
Return on Equity - YTD	6.48%
Annual Interest Income	$1.2MM

Assets and Liabilities
Assets	Q2 2019vs Q2 2018	$58.7MM$54.2MM
Loans	Q2 2019vs Q2 2018	$42.5MM$36.4MM
Deposits	Q2 2019vs Q2 2018	$52.4MM$45.8MM
Equity Capital	Q2 2019vs Q2 2018	$5.4MM$5.1MM
Loan Loss Allowance	Q2 2019vs Q2 2018	$452.00K$410.00K
Unbacked Noncurrent Loans	Q2 2019vs Q2 2018	$0$29.00K
Real Estate Owned	Q2 2019vs Q2 2018	$0$23.00K

Rates

Skip to rates for:

Savings
Money Market
Checking
CD

Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Community Bank Owatonna; we are a rate comparison website and cannot provide official rates or promotions.

* 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

APY	MIN	MAX	ACCOUNT NAME
0.15%^*	$10k^*	-	Health Savings
OTHER TIERS: 0.05% → Up to $5k \| 0.10% → $5k - $10k
0.15%^*	$10k^*	-	Classic Savings
OTHER TIERS: 0.05% → Up to $5k \| 0.10% → $5k - $10k
0.15%^*	$10k^*	-	Business Classic Savings
OTHER TIERS: 0.05% → Up to $5k \| 0.10% → $5k - $10k
0.10%	$25	-	Early Saver Savings

Community Bank Owatonna Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
0.80%^*	$90k^*	-	Smart Rate Money Market
OTHER TIERS: 0.15% → Up to $25k \| 0.40% → $25k - $50k \| 0.65% → $50k - $90k
0.35%^*	$50k^*	-	Business Money Market Savings
OTHER TIERS: 0.15% → Up to $25k \| 0.25% → $25k - $50k

Community Bank Owatonna Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.15%^*	$10k^*	-	Prime Checking
OTHER TIERS: 0.05% → Up to $5k \| 0.10% → $5k - $10k
0.15%^*	$10k^*	-	"55" Classic Checking
OTHER TIERS: 0.05% → Up to $5k \| 0.10% → $5k - $10k
0.05%	-	-	Classic Checking With Interest
0.05%	-	-	Business Checking With Interest

Community Bank Owatonna CD Rates

APY	MIN	MAX	ACCOUNT NAME
2.25%	$5k	-	51 Month CD Special
2.25%	$5k	-	Business 51 Month CD Special
2.10%	$5k	-	30 Month CD Special
2.10%	$5k	-	Business 30 Month CD Special
1.80%	$5k	-	9 Month CD Special
1.80%	$5k	-	Business 9 Month CD Special
1.50%	$1k	-	5 Year CD
1.50%	$1k	-	Business 5 Year CD
1.25%	$1k	-	4 Year CD
1.25%	$1k	-	Business 4 Year CD
1.00%	$1k	-	3 Year CD
1.00%	$1k	-	Business 3 Year CD
0.75%	$1k	-	2 Year CD
0.75%	$1k	-	Business 2 Year CD
0.50%	$1k	-	1 Year CD
0.50%	$1k	-	Business 1 Year CD
0.25%	$1k	-	182 Day CD
0.25%	$1k	-	Business 182 Day CD
0.10%	$1k	-	91 Day CD
0.10%	$1k	-	Business 91 Day CD

Locations

Community Bank Owatonna Locations
Community Bank Owatonna	640 Bridge Street	Owatonna, MN 55060

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.