The bank was found on 26 April 1844 in
Cento, in the
Papal States and open to the public on 27 March 1859. In December 1991, due to , the daily banking operation and ownership were split into a
società per azioni and Fondazione Cassa di Risparmio di Cento, a
banking foundation. Which the bank still majority owned by the foundation, through direct and indirect ownership (Holding Cassa di Risparmio di Cento S.p.A.).
Casse Emiliano Romagnole was a minority shareholder for 20% shares, but sold the shares back to the foundation in 1997. In October 2017, northern Italy bank
Banca Popolare di Sondrio announced that the bank had interested to buy CR Cento, after fellow savings banks of Emilia-Romagna were acquired by
BPER Banca and
Crédit Agricole Italia in 2017. ==Banking foundation==