The club's parent athletic association, OFI Crete, was founded in 1925.

The next year, OFI was promoted to the 2nd-tier level Greek A2 Basket League, for first time.

[1] The club plays its home games at the 1,000 seat Vardinogiannis Sports Center.

Note: Flags indicate national team eligibility at FIBA-sanctioned events.

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