On March 25, 1871, the "Olean Library Association" was established by a small group of public-spirited citizens.

Later, it moved to quarters on the second floor of the Exchange Bank building, and then to 102 Hamilton Street where it remained until 1889.

[2] On June 12, 1888, the library was renamed in honor of George V. Forman, who donated the property and building.

The interior features a grand stairway and entrance, large rooms, and central atrium.

[5] The Carnegie building was opened May 23, 1910 and a period of growth in the size and scope of the collection and patronage began almost immediately.

The mission of the Olean Public Library is to improve the community's quality of life by providing equal access to materials in various formats, programming and services for patrons of all ages, and a capable and professional staff available to assist members of the greater Olean community in support of their educational, informational, and leisure needs.