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Greek founder Anastasios Stathopoulos made his own fiddles and lutes (oud, laouto). Stathopoulos moved to the United States of America in 1903, and continued to make his original instruments, as well as mandolins, from Long Island City in Queens, New York. Anastasios died in 1915, and his son, Epaminondas, took over. After two years, the company was known as The House Of Stathopoulos. Just after the end of World War I, the company started to make banjos. The company produced its Recording Line of Banjos in 1924, and, four years later, took on the name of the "Epiphone Banjo Company". They produced their first guitars in 1928. Epi Stathopoulos died in 1943. Control of the company went to his brothers, Orphie and Frixo. Unfortunately, they were not as capable owners as Epi. In 1951, a four month long strike forced a relocation of Epiphone from New York to Philadelphia. The company was bought out by their main rival, Gibson in 1957. In the famous "Dueling Banjos" scene in the 1972 motion picture Deliverance, actor Ronny Cox plays an Epiphone acoustic guitar.

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