Salary AI Book a Demo
Community Bank Owatonna Salary

Community Bank Owatonna Salary

Salaries

Job Openings

Similar Company

Reviews

Overview

FAQ

Recommended HR Topics
Global Market Data Hot Insights on Your Competitors' PayNew Compensation Planning Hot Develop a Job Description Pay Equlity Benefits Consulting
As of August 2026, the average annual salary for employees at Community Bank Owatonna in the United States is $84,806. This translates to an approximate hourly wage of $41. Salaries at Community Bank Owatonna typically range from $74,390 to $96,100 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Community Bank Owatonna Pay for Different Roles?

Explore detailed salary information for specific jobs at Community Bank Owatonna. Based on our data, the highest paying job is the President & Chief Executive Officer, with an annual salary of $656,472. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is Community Bank Owatonna’s Pay Competitive? Salary Benchmarking Analysis

How does Community Bank Owatonna's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Carmel Mortgage Corp $96,904
+14.3%
Influenced by prevailing union wage agreements specific to Carmel Mortgage Corp's sector.
Solace Financial LLC $87,190
+2.8%
Suggests Solace Financial LLC utilizes a highly similar base-plus-benefits compensation model.
Florida Philanthropic Network Inc $83,160
-1.9%
Indicates identical technical requirements and experience levels between the two firms.
Bravias Financial $98,170
+15.8%
Reflects a supply-demand imbalance for the specific talent Bravias Financial targets.
Financial Services Industry $121,514
+43.3%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

How Community Bank Owatonna's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Community Bank Owatonna. Click a company name to learn more.

Employee Reviews: Working at Community Bank Owatonna

Considering a career at Community Bank Owatonna? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Benefits are comprehensive, including excellent health coverage and retirement plans. Clear career progression paths available here. Coworker interaction is limited to work-related tasks. Challenges are met with solution-focused energy. Regular updates and open forums ensure we are all informed and aligned, fostering a strong sense of trust and shared purpose.
Commented in March 15, 2025
26
3
Their commitment to ethical investing and supporting philanthropic initiatives demonstrates a broader vision beyond just financial returns. The open-door policy among leadership fosters trust and transparency. Job roles are clearly defined, but cross-training is rare. The company attracts and retains top talent. Communication and collaboration fluctuate by department. While the company offers job ...
Commented in December 16, 2024
12
1
Processes are efficient, though rigid. Despite its large size, teams work seamlessly across different divisions and geographical locations. The workload is steady but can become monotonous. I’ve improved my skills significantly in a short time, and I see a long-term future here. Job expectations are transparent, and tools are adequate for the work.
Commented in March 17, 2024
38
1

Community Bank Owatonna Overview

Website
www.cbowatonna.com
Founded In
2003
Employees
<25 employees
Industry
Financial Services
Headquarter Address
640 W Bridge St Owatonna Minnesota MN 55060
Revenue
<$5 Million
Phone Number
+1 5074552265
Social Media
About Community Bank Owatonna
Community Bank Owatonna is involved in our community in many ways. Our board of directors, shareholders and staff understand and care about the community we live in. Many of these individuals have had or currently have businesses of their own for the last 20-40 years. We know that to succeed in the competitive world of banking, we must be different from our competition. We are committed to deliver

What Benefits Does Community Bank Owatonna Offer Beyond Salary?

A competitive compensation package is more than just a salary. Community Bank Owatonna offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
Work at Community Bank Owatonna?
Share your experience
How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

Get estimated pay range See more details
illustration

What Is the Cost of Living Near Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Community Bank Owatonna.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Community Bank Owatonna, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Community Bank Owatonna salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Community Bank Owatonna

1. How much does Community Bank Owatonna in the United States pay?

Community Bank Owatonna pays its employees an average of $84,806 per year. The average salary at Community Bank Owatonna range from $74,390 to $96,100 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills and location.

2. Do Community Bank Owatonna employees get a higher salary than its peer company?

The salary at Community Bank Owatonna is lesser than its peer company. The average annual salary at Community Bank Owatonna is $84,806, or an hourly wage of $41, in comparison to Carmel Mortgage Corp which pays $96,904 per year or $47 per hour.

3. What are the highest paying jobs at Community Bank Owatonna?

The higher-paying job at Community Bank Owatonna, according to our data, include President & Chief Executive Officer (avg. $656,472 per year), Mortgage Banker (avg. $105,507 per year), and Manager, Operations (avg. $90,337 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Community Bank Owatonna?

Salary progression with years of experience at Community Bank Owatonna is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at Community Bank Owatonna vary by office location?

Yes, it's very likely that salaries at Community Bank Owatonna vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Minneapolis section provides more context.

6. Does Community Bank Owatonna offer good benefits?

Community Bank Owatonna typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Community Bank Owatonna" section on this page.

For Employer

What Should I Pay?

The trusted data and intuitive software your organization needs to get pay right.

Explore CompAnalyst ®
Looking for Accurate Salary Data?

Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right.

Surveys & Data Sets
Unlock Intelligence on Your Competitors' Salaries Across 35 Countries

Real-time global intelligence that empowers you to make competitive pay decisions and align offers with global trends.

SalaryIQTM
The Only Compensation System That Helps You EXCEL.

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.

Compensation Planning