The club was formed from a merger in 2013 and competes in the fifth tier NOFV-Oberliga Nord.

The club plays its home matches at the Sportpark Lankow.

FC Mecklenburg Schwerin also has gymnastics squads and an Esports department.

Schweriner FC 03 was dissolved the Allied occupation authorities in 1945.

[1] The team of SV Deutsche Volkspolizei Schwerin and its place in the DDR-Liga was relocated to Rostock in 1952 where it continued as SV Deutsche Volkspolizei Rostock.

SG Dynamo Schwerin advanced to the second tier DDR-Liga in the 1953–54 season.

DDR-Liga and then suffered another relegation to the fourth tier Bezirksliga Schwerin in the 1957 season.

SG Dynamo Schwerin remained in the DDR-Liga until German reunification.

PSV Schwerin reached the final of the 1989-90 FDGB-Pokal, but lost 1–2 to SG Dynamo Dresden.

FC Mecklenburg Schwerin stood at first place and was promoted to the NOFV-Oberliga Nord.