President's Message Archive
COVID-19 Planning (March 2020)
As we monitor developments with COVID-19, Community Bank Owatonna recognizes that some customers may be negatively impacted. As always, our focus involves the well-being of our customers and employees.
The Bottom-line on Fake Check Scams (February 2020)
If someone you don't know sends you a check and asks for money back, that's a scam.
New Mobile Banking Services (January 2020)
Technology is ever-changing and rapidly evolving in all areas of our world, and that includes banking. Community Bank Owatonna is committed to providing our customers with technology-based products and services that make life easier. With that said, I'm pleased to share that we have two new mobile-based products that are now available.
Community Bank Owatonna Announces Cordes' Promotion (January 2020)
Locally owned and operated COmmunity Bank Owatonna and its Board of Directors are pleased to announce the promotion of Todd Cordes to Senior VIce President/Operations and Information Technology.
Happy Holidays 2019 (December 2019)
Happy Holidays From All of Us at Community Bank Owatonna!
Bank Partners with Clothesline to Keep Community Warm this Winter (October 2019)
Learn how Community Bank Owatonna led the effort to collect winter clothing for the Steele County Clothesline
Community Bank Owatonna Introduces ID TheftSmart (May 2019)
Your Identity is your Business. Protecting it is OURS!
Cordes Named Vice President/Operations & Information Technology (May 2018)
Locally owned and operated Community Bank Owatonna and its Board of Directors are pleased to announce Todd Cordes as the bank’s new Vice President/Operations & Information Technology. Cordes began his new role on May 14, 2018.
Goergen Named as CBO Vice President (January 2018)
Locally owned and operated Community Bank Owatonna and its Board of Directors are pleased to announce Jeff Goergen as the bank’s new Vice President. Goergen began his new role on January 2, 2018.
Kluender Named as CBO President (September 2017)
Community Bank Owatonna and its Board of Directors are pleased to announce Tim Kluender as the bank’s new President and Chief Executive Officer. Kluender began his new role on September 25, 2017.
Vosbeek Joins Board
Locally owned and operated Community Bank Owatonna is excited to announce that Chris Vosbeek has joined the Board of Directors. Chris is currently the President and Executive Director of Habitat for Humanity of Minnesota. In this role, he is responsible for the overall professional leadership and direction of the organization.
Elseth Promoted to Assistant Vice President/Loans Operations
Community Bank Owatonna (CBO) is pleased to announce the promotion of 9-year employee Jennifer Elseth to Assistant Vice President/Loan Operations, effective June 2016.
Rhoades Joins Staff
Locally owned and operated Community Bank Owatonna is pleased to announce the addition of Shannon Rhoades as a Personal Banker. Shannon joined Community Bank Owatonna staff in 2016 and has worked in the financial industry for 20 years.
Arnfelt Retires Entrusts Olson as Chair
Owatonna, MN—Locally owned and operated Community Bank Owatonna (CBO) would like to announce David Olson’s succession of Paul Arnfelt as the Chair of the CBO Board of Directors. CBO is also indebted to express sincere appreciation for the years of leadership that Paul has given CBO and wish him well in his retirement from the board.
NEW FEATURE! Automatic Balance Alerts—Your money will now check in with you
Life is busy! We can help you stay on top of your accounts and cross one thing off your to-do list with balance alerts. We’ll email you when your account rises above or drops below an amount you set.
Recently Community Bank Owatonna President, Bryan Toft, was interviewed for Independent Banker magazine.
The photo for the article was taken at local business, Straight River Sports & Fitness.