MoosedHistory
Menu
Great Fortunes

Great Fortunes

Hugh McCulloch: From the Fort Wayne Branch Bank to the Treasury

The exact page text, read by your browser's voice.

Hugh McCulloch House (2012)
Hugh McCulloch House (2012) Public domain · source file

The fortune: McCulloch arrived in Fort Wayne in 1833 and rose as cashier and manager of the Fort Wayne branch of the State Bank of Indiana from 1835; he was Allen Hamilton's partner in Allen Hamilton & Co. from 1853, then president of the Bank of Indiana from 1857 to 1863. Abraham Lincoln made him the first Comptroller of the Currency in 1863, and he served as Secretary of the Treasury from 1865 to 1869 and again from 1884 to 1885. After his first Treasury term he became the London partner of Jay Cooke & Co., then the most powerful banking house in America.

Its scale: The New-York Tribune's 1892 published survey American Millionaires listed McCulloch among the country's millionaires — a contemporary published listing, reputed worth of a million dollars or more, carried here as exactly that and no more. No estate valuation from his death in 1895 has been found in the sources consulted.

What it left: McCulloch Park, given to the city by Hugh McCulloch in 1886, by the parks department's own history. His son Charles McCulloch stayed in Fort Wayne banking as the longtime president of the Hamilton National Bank. Hugh McCulloch's Fort Wayne house survives and was listed on the National Register of Historic Places in 1980; the double house his son's family built on East Berry Street is treated with the great houses below.

Sources:

  1. American Millionaires (New-York Tribune, 1892) — the millionaire listing.
  2. City of Fort Wayne Parks and Recreation history — the 1886 McCulloch Park gift.
  3. National Register of Historic Places — the McCulloch house listing (1980).

Cite this page

Using this page? Copy a credit line. Last updated November 10, 2026.

Source: Hugh McCulloch: From the Fort Wayne Branch Bank to the Treasury, Moosed History by Project Moosed, https://history.projectmoosed.com/usa/midwest/indiana/fort-wayne/wealth/hugh-mcculloch-from-the-fort-wayne-branch-bank-to/