The founder of a monastery was the son of the Serbian župan Uroš I, ban Beloš, who was a palatine of the Kingdom of Hungary, and who ruled over Srem from 1142 to 1163.
Following the Gallic invasion of the Balkans in 279 BC, Celtic tribes settled throughout Serbia, their settlement at Banoštor was called Malata.
Many Serbs from this area were executed in the Jasenovac Concentration Camp (1941–1945) by the Fascist Croatian regime of Ustashe who sided with Nazi Germany during the Second World War.
Every year around September, the village celebrates the beginning of the wine season with a grape festival called the "Dan Grožđa" or Grape Day and it is dedicated to Sveti Trifun (Saint Trifun), God's overseer of wine growers.
The village's Serbian Orthodox Church was rebuilt in the early 19th century and is dedicated to Saint George.