John McChrystal Wallace (December 14, 1893 – February 7, 1989) was an American banker, philanthropist, and politician.

He served in the Utah State Senate from 1933 to 1935 as a Democrat[1] and as the Mayor of Salt Lake City from 1938 to 1940.

[2] Wallace was a lieutenant in World War I, and later served as an aide to the United States Secretary of the Army.

He had a lengthy and diverse career in business, investing in various sectors, ranging from copper mining to hog farming.

[2] Wallace served in the Utah State Senate from 1933 to 1935, and in 1938 was appointed Mayor of Salt Lake City.