Cunningham has been in charge for the past six seasons, and is stepping down to take a break from football and spend more time with his young family.
He led the club to the North West Counties league title before reaching the play-offs twice in the Northern Premier League.
Chairman Ryan Haigh said “Steve was not just my manager, he is also my friend. He leaves with the best wishes of everyone connected with the club. The work rate and time he committed to the club will be hard to replace.
“He was probably one of the longest serving managers across this level of the football pyramid and his family were big part of the Football Club as spectators, colleagues and friends. Their personalities and enthusiasm for the club has always remained un-wavered and hopefully it won’t be long before we see each other again.
"I would like to place on record my sincere gratitude to Steve for all of his hard work, commitment, determination and inarguable success as manager of this great football club and I wish him well in the future.
During his time in charge we have achieved so much and so many of his greatest moments as manager will live long in the memory of all Colne fans fortunate to have seen and enjoyed them. Steve’s achievements ensure that he is forever embedded in the history of Colne F.C.”
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