Established 1 June 1906, the team appeared intermittently in first division play in the 1920s and early 1930s and was a second tier fixture throughout the 1950s.

[1] Berliner Fußball-Club Meteor was an undistinguished side in its early years, playing in lower tier city competition.

Following the war, occupying Allied authorities disbanded most organizations throughout the country, including sports and football associations.

New clubs were soon established and the former memberships of Meteor and Reinickendorfer Fußball-Club Alt-Holland were re-organized as Sportgemeinshaft Schäfersee Berlin.

Some time in 1948 the club was renamed SG Blau-Gelb Wedding before Meteor was reformed as a separate side in April 1949 with Alt-Holland following suit in 1950.