The newspaper was founded in 1889, by Henry Clay Ragland, a veteran of the Confederate army, as a weekly paper. Over the years, it has had different publication schedules. In 1935, it became a Monday-Friday afternoon paper. In 1981 it adopted an unusual schedule of publishing Tuesday-Friday afternoons and Sunday mornings. In September 2018, under the ownership of HD Media, the paper was reduced to a tri-weekly schedule of publishing Sunday, Wednesday and Friday mornings. In July 2019, the publication schedule was once again reduced to a weekly. HD Media also adopted the same weekly schedule for the Banner's sister paper, the Williamson Daily News.
The Logan Banner appeared in several scenes of the 2012 hit TV miniseries titled Hatfields & McCoys starring Kevin Costner. The newspaper was known as the Logan County Banner at the time of the Hatfield-McCoy Feud, yet the TV program showed it incorrectly as the Logan Banner.