The Ojibwe used the Siskiwit Bay area as a temporary camp and a stopover on the way to La Pointe. "Siskiwit" comes from an Ojibwe word for a subspecies of Lake trout known in English as a "fat trout". A historical marker at the Cornucopia beach tells of the Tragedy of the Siskiwit, an Ojibwe battle on that site with a band of Meskwaki that lead to several deaths and the kidnapping of a chief's son.
The first white settlers in the Siskiwit Bay area were loggers who came at the close of the nineteenth century. Remnants of this period include abandoned railroad pilings in Siskiwit Lake and a legend of stolen gold on Gold Hill at the southeastern edge of the community.
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