Roundbank. 2nd Avenue N.E. and 2nd Street N.E. Material: paper. Size: 3 1/2" x 4 7/8". Description: black and white photograph of a Waseca bank identified as the Roundbank, located at 2nd Street and 2nd Avenue N.E., officially it is a First Bank Waseca, years later name was changed to the Roundbank; Neil Fruechte, president until 2004.