Ralph Waldo Emerson once said, “Do not go where the path may lead, go instead where there is no path and leave a trail.”
A group of community-minded professionals did just that when they began to pioneer their own path. They realized the importance of providing exceptional service, customized products, and the timeliness of decisions if made locally. From their own prior experience they recognized the need for personalized banking. With community in mind, they foresaw the impact of having a locally-owned community bank where deposit dollars would remain in Owatonna and prosper the local economy.
Community Financial Corporation, which was founded in 2002, opened Owatonna’s only locally-owned community bank in January of 2003 as a state chartered bank. The solid foundation of Community Bank Owatonna had been formed.
On July 7th, 2003 officers and staff opened the doors of their newly constructed home and welcomed the community to experience the variety of opportunities that community banking would make in their personal and professional lives. A hand-picked staff enhanced the warm and inviting atmosphere, which was designed to enlighten the customer’s experience. They focused on their mission, “To create an environment that nurtures personal relationships, fosters quality service, and welcomes change and innovation.”
Community Bank Owatonna has stayed focused on believing community needs are of the utmost importance.
There is no exception when it comes to customer service, reliability and integrity. They know that to succeed in the competitive world of banking, they must be different from their competition.
The founders and leaders have overcome many obstacles along the way, and anticipate many new challenges ahead. They know with their strength and persistence that Community Bank Owatonna will achieve the next level and leave a trail of success for generations to come.