The Library was founded in 1938 by the Tuesday Study Club. It was housed in a room at the Muncy Historical Society building and was operated by club members for 25 years. It moved to 15 North Main St in 1965 and a librarian was hired.

The library was moved to its location in 1970 at 108 South Main Street. The building at 108 South Main Street dates back to 1821. The architecture is from the Georgian style. It was owned by the Beeber family for many years. The Buffington, Von Neida, Kunkle, and Phillips families also owned it throughout the years. By 1960, the building was in poor condition and was being used a rental property.

The boro purchased it and was going to tear it down when it heard that the library was looking for a place to move. The boro offered the building to the library board and they accepted. In July of 1981- the library was struck by an arson fire with most of its collection ruined. The library reopened in 1983 with the original front facade being kept and a new addition added.