His father moved the family to Brooklyn, Cuyahoga County, Ohio in 1825, where Frederick grew up.

[1] At age 16, Pelton completed his education, and entered the office of Wheeler, Chamberlain & Company in Akron, where he remained for five years, before moving to Cleveland.

[1] During the American Civil War, he was a captain of the 8th Ohio Independent Battery.

[1] Pelton was a founder of the Citizens' Saving & Loan Association, and a director until his death.

[1] Pelton was a thirty-third degree Mason, Odd Fellow, Knights of Pythias, the Methodist Episcopal Church, and member of the Grand Army of the Republic.