Overview / Commentary
507-455-2265
640 Bridge Street
Owatonna, MN 55060

Community Bank Owatonna is headquartered in Owatonna and is the 228th largest bank in the state of Minnesota. It is also the 4,868th largest bank in the nation. It was established in 2003 and as of September of 2018, it had grown to 10 employees at 1 location. Community Bank Owatonna's money market rates are 93% higher than the national average, and it has a B+ health rating.

Reviews

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



Health
B+
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 - YTD0.41%
Return on Equity - YTD4.46%
Annual Interest Income$1.6MM
Assets and Liabilities
AssetsQ3 2018vs Q3 2017$56.9MM$53.9MM
LoansQ3 2018vs Q3 2017$37.8MM$34.6MM
DepositsQ3 2018vs Q3 2017$50.8MM$47.6MM
Equity CapitalQ3 2018vs Q3 2017$5.2MM$5.5MM
Loan Loss AllowanceQ3 2018vs Q3 2017$417.00K$419.00K
Unbacked Noncurrent LoansQ3 2018vs Q3 2017$0$0
Real Estate OwnedQ3 2018vs Q3 2017$23.00K$75.00K
Rates
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

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.60%*$10k*-Health Savings
OTHER TIERS: 0.20% Up to $5k | 0.40% $5k - $10k
0.25%*$10k*-Classic Savings
OTHER TIERS: 0.10% Up to $5k | 0.15% $5k - $10k
0.25%$25-Early Saver Savings
0.25%*$10k*-Business Classic Savings
OTHER TIERS: 0.10% Up to $5k | 0.15% $5k - $10k

Community Bank Owatonna Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.85%*$90k*-Smart Rate Money Market
OTHER TIERS: 0.30% Up to $25k | 0.55% $25k - $50k | 0.70% $50k - $90k
0.50%*$50k*-Business Money Market Savings
OTHER TIERS: 0.30% Up to $25k | 0.40% $25k - $50k

Community Bank Owatonna Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%*$10k*-Prime Checking
OTHER TIERS: 0.10% Up to $5k | 0.15% $5k - $10k
0.25%*$10k*-"55" Classic Checking
OTHER TIERS: 0.10% Up to $5k | 0.15% $5k - $10k
0.10%--Classic Checking With Interest
0.10%--Business Checking With Interest

Community Bank Owatonna CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.20%$5k-51 Month CD Special
3.20%$5k-Business 51 Month CD Special
2.75%$5k-30 Month CD Special
2.75%$5k-Business 30 Month CD Special
2.15%$5k-15 Month CD Special
2.15%$5k-Business 15 Month CD Special
2.00%$1k-5 Year CD
2.00%$1k-Business 5 Year CD
1.50%$1k-4 Year CD
1.50%$1k-Business 4 Year CD
1.25%$1k-3 Year CD
1.25%$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
0.15%$1k-91 Day CD
0.15%$1k-Business 91 Day CD
Locations


Community Bank Owatonna Locations
Community Bank Owatonna640 Bridge StreetOwatonna, 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.