The club is notable as the first side in the city and as a founding member of the DFB (Deutsche Fußball Bund or German Football Association) at Leipzig on 28 January 1900 at Zum Mariengarten.

Mittweidaer BC became the source of some of the first Spanish football stars, such as Antonio Alonso and Adolfo Uribe from Vigo, Juan Arzuaga from Bilbao, and Virgilio Da Costa and Udo Steinberg from Barcelona.

BC played in the Mitteldeutscher Ballspiel-Verband as an anonymous local side through most of its history with a few exceptions.The team won the 1906-07 Gau Southwest Saxony title and then took part in the league playoffs where they were put out 6:0 by VfB Leipzig in a semi-final contest.

In the war shortened 1944–45 season, they played only a handful of matches as part of Kriegspielgemeinschaft Mittweida in the collection of local circuits making up the Gauliga Sachsen (I).

BC was lost after the war, while Germania re-emerged as SG Mittweida and appeared in the first division Landesliga Sachsen in 1948–49 before slipping to lower level play.