The bank is a wholly owned subsidiary of UBI Banca.

In 1992, the bank merged with Credito Varesino which the bank was renamed as Banca Popolare di Bergamo – Credito Varesino.

It also acquired Banca Popolare di Ancona as its subsidiary.

In 2003, the bank merged with Banca Popolare Commercio e Industria to form Banche Popolari Unite.

The retail network of BP Bergamo was also re-incorporated as a new limited company (S.p.A., P.I.03034840169), while the parent company, BPU, remained as a cooperative society .