Bank · FDIC insured
Community Bank Owatonna Savings Rates
Community Bank Owatonna’s best savings rate is 0.30% APY on $10,000, with its Classic Savings. Rates checked October 16, 2026.
How Community Bank Owatonna’s savings rates compare
Compared with banks and credit unions near Owatonna, MN, where Community Bank Owatonna has the most branches. $10,000, best rate first.
This bank’s best
Community Bank Owatonna
0.30%APY
- Requires
- None
- Minimum
- $50
- Earns on $10,000 a year
- $30
Classic Savings
Top rate
United Prairie Bank
3.40%APY
- Requires
- Another account
- Minimum
- $500
- Earns on $10,000 a year
- $340
2nd-highest rate
Federated Employees Credit Union
2.78%APY
- Requires
- None
- Minimum
- $0
- Earns on $10,000 a year
- $278
Community Bank Owatonna savings score
74
Savings score
Higher than 37% of U.S. banks and credit unions
- $1,000 balance$1,0000.20%
- $10,000 balance$10,0000.30%
- $100,000 balance$100,0001.00%
- QualifiedQualified0.30%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where Community Bank Owatonna ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
Smart Rate Money Market
0.30%APY
Minimum balance requirement is $25,000.00. A monthly minimum balance charge of $20.00 applies if balance falls below $25,000.00.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $25,000Monthly fee of $20.00 applies if balance is below the required minimum of $25,000.00. | 0.30% | $30 | Monthly fee of $20.00 applies if balance is below the required minimum of $25,000.00. |
| $25,000 – $50,000Monthly fee of $20.00 applies if balance is below the required minimum of $25,000.00. | 0.70% | — | Monthly fee of $20.00 applies if balance is below the required minimum of $25,000.00. |
| $50,000 – $90,000Monthly fee of $20.00 applies if balance is below the required minimum of $25,000.00. | 0.85% | — | Monthly fee of $20.00 applies if balance is below the required minimum of $25,000.00. |
| $90,000 and upMonthly fee of $20.00 applies if balance is below the required minimum of $25,000.00. | 1.00% | — | Monthly fee of $20.00 applies if balance is below the required minimum of $25,000.00. |
Sources (3)
- cbowatonna.com/interest-rates.html
- cbowatonna.com/money-markets.html
- cbowatonna.com/savings-accounts.html
All captured Oct 5, 2026
Classic Savings
0.30%APY
Minimum balance to avoid monthly charge is $50.00. Free debit card and free online banking included. Account statements delivered quarterly.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $5,000Monthly charge of $5.00 applies if balance falls below the $50.00 required minimum. | 0.20% | — | Monthly charge of $5.00 applies if balance falls below the $50.00 required minimum. |
| $5,000 – $10,000Monthly charge of $5.00 applies if balance falls below the $50.00 required minimum. | 0.25% | — | Monthly charge of $5.00 applies if balance falls below the $50.00 required minimum. |
| $10,000 and upMonthly charge of $5.00 applies if balance falls below the $50.00 required minimum. | 0.30% | $30 | Monthly charge of $5.00 applies if balance falls below the $50.00 required minimum. |
Special-purpose accounts
Early Saver
0.30%APY
Available only to individuals younger than 18. No minimum balance requirement.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceFor individuals younger than 18. Earns interest monthly.Any balance | 0.30% | $30 | For individuals younger than 18. Earns interest monthly. |
Sources (4)
- cbowatonna.com/early-saver.html
- cbowatonna.com/interest-rates.html
- cbowatonna.com/personal-banking.html
- cbowatonna.com/savings-accounts.html
All captured Oct 5, 2026
Health Savings
0.30%APY
Must have a high-deductible health insurance plan. Account includes free debit card.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Up to $5,000 | 0.20% | — |
| $5,000 – $10,000 | 0.25% | — |
| $10,000 and up | 0.30% | $30 |
Opening an account
Confirm the bank’s opening requirements and whether the account is available where you live. A nearby branch does not establish eligibility for every rate.