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About Us

Our Story

It started on May 21, 1974, when OTC Employees Federal Credit Union opened its doors. We were driven with a purpose of providing sound financial services to OTC and Truth employees and their families. After starting out in the basement of OTC, we eventually moved to the Depot building beside it.

A few years later, we opened our charter to include additional companies in Owatonna and moved to our current full-service location on Bridge Street. We’ve seen growth ever since. 

  • In 1996, we merged with Faribault Woolen Mill Credit Union.
  • In 1997, we opened our membership to those that live, work, attend school and worship in Dodge, Rice, Steele, and Waseca County.
  • In 1999, we opened a full-service location at the Owatonna Hy-Vee Store to increase hours of operation so we can be more accessible to our members.
  • In 2005, we moved from the former Milwaukee Road railroad depot to our current full-service Faribault branch.
  • In 2016, we held the first annual HomeTown Spirit Day which is a day now set aside every year for our employees to serve our communities and spread kindness.
  • In 2019, we moved from our location within the Owatonna Hy-Vee Store to a new stand-alone full-service branch right next door.
  • In 2021, we opened a new full-service branch in Northfield to further expand our availability to our members.

Today, we serve over 20,500 members in our 4-county area. We’re leading the charge to offer financial education in our communities and are here to be a trusted partner for financial success. Our staff and volunteers work hard to fulfill this mission every day.

Who We Serve

If you live, work, attend school or worship in Dodge, Rice, Steele or Waseca Counties of Minnesota you are eligible to become a member of HomeTown Credit Union.

Open an Account

Insured by the NCUA

Best of all, your accounts are federally insured by the National Credit Union Administration (NCUA) to at least $250,000 and are backed by the full faith and credit of the U.S. Government. For more information visit the NCUA website:

Why Bank at HomeTown?

Why should you choose HomeTown Credit Union? As a credit union, we proudly wear our identity on our sleeves. We believe in being advocates in our local community, giving back to our members, friendly and helpful employees, and providing tools and resources to help our members manage their finances. You are not a dollar sign to us; you are a member our Credit Union family.

Within our industry, typically a credit union provides financial products on the most favorable terms it can afford to offer. This means that instead of offering accounts to customers and large dividends to a small group of owners (as banks do), credit unions offer competitive dividends, loan rates, and other benefits not found at a bank.

We Put You First, Always.

Bottom line, banks are for-profit enterprises. Credit unions are not-for-profit, financial cooperatives. In other words, our members are our owners and everything we do is to the benefit of ALL our members, not just a select few. This means that instead of trying to turn big profits and appease a small group of investors, our primary goal is to give back to our members. We are able to do that in the form of offering competitive Interest rates on loans and paying a good dividend back to our members on deposits. In turn, we are always looking for ways to go above and beyond to help our member-owners achieve their dreams, no matter how big or small. So as a credit union, HomeTown offers all the financial services that you need – and will forever remain not for the profit, but for the people – our members.

Community Integrity Education  Member Advocacy  Commitment

You can be sure that by choosing to open an account, deposit your funds, or take out a loan with us at HomeTown Credit Union, we are turning around and reinvesting in the communities we serve! At HomeTown, it has always been our goal to make a positive difference in communities we serve by living up to the standards within our core values. We promise to always advocate for our members’ best interests, act in ways that are transparent, honest, and ethical, serve with passion and enthusiasm, provide support and be engaged in the communities we serve, and improve our members’ financial well-being through ongoing education.

Join Our Growing Team!

HomeTown Credit Union is looking for motivated individuals to join us in the dynamic and fast-paced work environment of our growing financial institution. At HomeTown, we make a difference for our staff, members, and the community by living out our Core Values of Integrity, Commitment, Member Advocacy, Education, and Community. If you’re looking to grow your career while also making an impact and serving your community, then HomeTown Credit Union is the place for you. We offer an inviting work environment where you’ll be challenged and your career nurtured.

On top of that, we offer a great benefits package including:

  • Banking discounts
  • 401K match
  • Medical, Dental and Vision
  • Life AD&D, short and long-term disability
  • Vacation, PTO, volunteer hours, & holiday pay
  • Tuition reimbursement
  • Wellness discounts
  • Bonuses
  • And so much more!

Current Openings:

To apply for an open position below, please email a resume and a completed Application for Employment to

Application for Employment

Branch Manager — Faribault, MN

As our Faribault Branch Manager at HomeTown, your role would be to manage day-to-day operations of the Faribault office which include: opening and closing the branch, managing staffing, maintaining an understanding of our products & services, providing support to our members, and much more! Candidates should have professional communication skills, an ability to work with and manage a team, and a desire to work towards goals.

Full Job Description

Member Service Representative/Teller — Owatonna, MN

As a Member Service Representative (MSR) at HomeTown, you would be the primary point of contact for members while providing excellent banking service in a professional and courteous manner. This role supports the Credit Union’s member-centric environment by acting as a liaison between members and other Credit Union staff. In this role, you would have the opportunity to strengthen the Credit Union brand by consistently presenting yourself in a welcoming, friendly, and positive manner. If you are a detail-oriented person who enjoys helping people, this might be the perfect job for you.

Full Job Description

Mortgage Originator — Faribault, MN

As a Mortgage Originator with HomeTown, you would provide mortgage lending services to existing and potential Credit Union members. This role builds and strengthen member relationships by identifying needs and recommending solutions to help members achieve financial success. It is also hands-on with developing enhancements and improvements to our mortgage products to better serve members’ financial needs. This role would increase the Credit Union’s presence through involvement within the communities we serve. If you naturally enjoy networking, find satisfaction in helping others, and have a competitive spirit, we encourage you to apply.

Full Job Description

Meet the People Who Lead Us

Your money is safe with us. Our Board of Directors volunteer their time so they always have your best interest at the forefront.

Our Volunteer Board of Directors

  • Nicole Schulz, Chair
  • Perry Christensen, Vice-Chair
  • Scott Markman, Treasurer
  • Donna Braun, Secretary
  • Vickie Skala, Director
  • Brian Bentley, Director
  • Shelly Rockman, Director
  • Dayna Norvold, Director
  • Chris Picha, Director

Our Volunteer Supervisory Committee

  • George Walter, Chair
  • Lynn Erickson
  • Tiffany Kriesel
  • Steve LaVallie
  • Christina Kreutter

There is nothing we love more than helping our members, and it’s even better when we get to hear about our impact afterwards. Check out what our members are saying about HomeTown Credit Union.

If you’d like to submit your own testimonial or success story regarding your experience with HomeTown, please email

Member Testimonials

...I am proud to have been able to bank at the Credit Union for nearly 40 years. All of the areas I have dealt with have always had very knowledgeable and friendly people available.

HomeTown Member

Friendly staff, convenient, easy to work with! When I get a call of fraud, it's an easy process and makes you feel good about them having your money.

HomeTown Member

Everyone is always friendly, even when I make things complicated. I like that they know me and can remember my name!

HomeTown Member

Every time I am greeted with a smile and hello — Everyone knows me by name. I love banking here!

HomeTown Member

The staff at the Faribault HomeTown location is so awesome, and I am over satisfied with their work and hospitality as much as I am so pleased with being a member.

HomeTown Member

I feel that HomeTown Credit Union is a great bank in Faribault. The staff are very nice and considerate.

HomeTown Member

All the staff are great to work with. They have always solved any problems we've run into.

HomeTown Member

HomeTown is the first bank I chose, and I have enjoyed my experience here so far. I plan on staying here as long as I can. Thank you for the great service.

HomeTown Member

I am always treated nicely — very professional yet friendly. I feel comfortable asking questions about my accounts knowing they'll take the time to answer them.

HomeTown Member

I love HomeTown because of the amazing staff — I've never had any issues with them. I would definitely recommend this credit union to anyone.

HomeTown Member

Excellent service — always fast, and courteous. The tellers are very personable!

HomeTown Member

…I contacted Hometown and they were able to consolidate for me which allowed me to get my son what he needed. You have no idea how much stress that took off of me, and I will NEVER forget how Hometown came to my rescue.

HomeTown Member

As a member, I can't tell you how much it means to know there are people at my CU who are driven, kind and take immediate ownership.

HomeTown Member

I have had the pleasure of working with Becky Campion at HomeTown Credit Union since 2019.  She is always so responsive and helpful with all my loan and banking needs. Hometown has both great rates and great people working for them!

HomeTown Member

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