The predecessor of the bank, a
mount of piety (), was founded in 1489. The bank was later changed the denomination to
Monte di Credito su Pegno di Lucca due to a banking reform, despite the "Monte" reflected the mount of piety root. Due to another banking reform in 1990s (
:it:Legge Amato), the larger organization was split into a
società per azioni and a separate banking foundation in 1992. Banca Monte Lucca, and the savings banks of
Florence,
Livorno,
Lucca,
Pisa,
Pistoia,
San Miniato, also formed a loose banking group: Holding
Casse Toscane in the same year. In 1996, CR Pisa, Livorno, Lucca and Banca Monte Lucca quit the group and formed Holding
Casse del Tirreno. In 1999 the three savings banks were acquired by
Banca Popolare di Lodi. In 2000
Banca Carige acquired 51% shares of Banca Monte Lucca S.p.A.. The foundation sold a further 20% in 2013 to
Fondazione Cassa di Risparmio di Lucca. ==Banking foundation==