HomeTown Credit Union
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- Financial Services
Home Town Credit Union was chartered on May 21, 1974 as OTC Employees Federal Credit Union, with the purpose of providing services to the OTC and Truth employees and their families. Our office was located in the basement of OTC, which eventually moved to the Depot building next to OTC. In the years following we expanded our field of membership to include other companies in Owatonna and we moved to our current location on Bridge Street in 1993. We merged with the Faribault Woolen Mill Credit Union in 1996, opening an office in the Faribault Depot building. In 1997 we opened up our membership to provide services to those that live, work, attend school, or worship in Steele, Rice, Dodge, and Waseca County. This allowed more people to enjoy the benefits of Credit Union membership. In 1999 we opened an office at the Owatonna Hy-Vee Store to increase our hours of service and offer an alternative location for our members. In 2011 we partnered with the Owatonna School District to open a student-run branch at the Owatonna High School, as a means to improve the financial literacy skills of our youth. Today we are serving over 16,000 members in the four county area, with offices in Faribault and Owatonna, including an office in the Owatonna Hy-Vee Store and the Owatonna High School.