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 206^th largest bank in the state of Minnesota. It is also the 4,189^th largest bank in the nation. It was established in 2003 and as of June of 2022, it had grown to 10 employees at 1 location. Community Bank Owatonna's money market rates are 70% higher than the national average, and it has a B+ health rating.

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Health

B+

Data as of Q2 2022

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	10
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.49%
Return on Equity - YTD	6.75%
Annual Interest Income	$1.3MM

Assets and Liabilities
Assets	Q2 2022vs Q2 2021	$80.5MM$76.4MM
Loans	Q2 2022vs Q2 2021	$52.2MM$43.5MM
Deposits	Q2 2022vs Q2 2021	$74.5MM$69.2MM
Equity Capital	Q2 2022vs Q2 2021	$5.0MM$6.0MM
Loan Loss Allowance	Q2 2022vs Q2 2021	$534.00K$499.00K
Unbacked Noncurrent Loans	Q2 2022vs Q2 2021	$0$0
Real Estate Owned	Q2 2022vs Q2 2021	$0$0

Rates

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Savings
Money Market
Checking
CD

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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

APY	MIN	MAX	ACCOUNT NAME
0.75%^*	-	$50k	Kasasa Saver
OTHER TIERS: 0.35% → $50k+
0.20%^*	$10k^*	-	Health Savings
OTHER TIERS: 0.10% → Up to $5k \| 0.15% → $5k - $10k
0.20%^*	$10k^*	-	Classic Savings
OTHER TIERS: 0.10% → Up to $5k \| 0.15% → $5k - $10k
0.20%^*	$10k^*	-	Business Classic Savings
OTHER TIERS: 0.10% → Up to $5k \| 0.15% → $5k - $10k
0.10%	$25	-	Early Saver Savings

Community Bank Owatonna Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
0.75%^*	$90k^*	-	Smart Rate Money Market
OTHER TIERS: 0.15% → Up to $25k \| 0.45% → $25k - $50k \| 0.60% → $50k - $90k
0.60%^*	$50k^*	-	Business Money Market Savings
OTHER TIERS: 0.15% → Up to $25k \| 0.45% → $25k - $50k

Community Bank Owatonna Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
1.25%^*	-	$25k	Kasasa Cash
OTHER TIERS: 0.15% → $25k+
0.20%^*	$10k^*	-	Prime Checking
OTHER TIERS: 0.10% → Up to $5k \| 0.15% → $5k - $10k
0.20%^*	$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

APY	MIN	MAX	ACCOUNT NAME
4.25%	$5k	-	27 Month CD Special
4.06%	$5k	-	15 Month CD Special
1.25%	$1k	-	5 Year CD
1.00%	$1k	-	4 Year CD
0.90%	$1k	-	3 Year CD
0.80%	$1k	-	2 Year CD
0.70%	$1k	-	1 Year CD
0.60%	$1k	-	182 Day CD
0.50%	$1k	-	91 Day CD

Locations

Community Bank Owatonna Locations
Community Bank Owatonna	640 W Bridge St	Owatonna, MN 55060

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