Atlético Olanchano was a Honduran football club based in Catacamas, Olancho.

On July 17, 2001, the team was bought by some business men and they decided to change the name to Atletico Olanchano.

They were promoted back to Primera Division when they defeated Deportivo Lenca and became champions of Liga de Ascenso for the second time during the 2005–06 season.

Unfortunately, the team was relegated for the second time on May 3, 2008 when they lost a match to Hispano on the last day of the regular season.

On 26 August 2016, the Honduran Liga Nacional de Ascenso decided to disaffiliate the franchise from the competition due to non-payment of the entrance fee to the 2016–17 season forcing the club's dissolution.