Monday, March 30, 2020

640 Bridge Street
Owatonna, Minnesota


Certificates of Deposit

Rates valid as of March 19, 2020

Automatic Renewable Certificates Minimum Deposit Interest Rate Annual Percentage Yield*
5 Years $1,000.00 1.25% 1.25%
4 Years $1,000.00 1.00% 1.00%
3 Years $1,000.00 0.75% 0.75%
2 Years $1,000.00 0.50% 0.50%
1 Year $1,000.00 0.25% 0.25%
182 Days $1,000.00 0.10% 0.10%
91 Days $1,000.00 0.05% 0.05%


CD SPECIAL Minimum Deposit Interest Rate Annual Percentage Yield*
11 Months $5,000.00  1.11% 1.11%

*APY for CDs 1-5 years is based on annual compounding. CDs less than 1 year will compound quarterly. The APY assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings.
*CD Special compounds quarterly and credits interest quarterly.
*A penalty may apply for early withdrawal.  Early withdrawal penalties - maturity date of one year or less, three months interest - maturity date more than one year, six months interest.
*Interest will be credited at term for CD's 1 year or less. Interest for CD's greater than 1 year may be compounded or automatically deposited to your Community Bank Owatonna checking or savings account.
*You will have ten calendar days after maturity to withdraw the funds without a penalty.

Community Bank Owatonna will remain OPEN (lobby still closed) during the Governor's #StayHomeMN period from March 27-April 10. Stay well!     Click for More Information