The club was founded on 27 August 1969 as a result of a merger between two local rivals, OFK Vrbas and FK Kombinat.

Over the next two campaigns, the club finished runners-up to Srem (1970–71) and Radnički Sombor (1971–72), before winning first place in both 1972–73 (lost in the promotion playoffs against Dinamo Pančevo) and 1973–74, eventually securing a spot in the Yugoslav Second League.

[4] Later on, the club played five consecutive seasons in the third tier, before being promoted back to the Second League in 1998.

[5] Following its relegation to the fifth tier for the first time in history, the club was eventually dissolved on 30 July 2007 by its board's decision due to financial troubles.

[6] Simultaneously, it was announced that the newly formed club, OFK Vrbas, would start competing in the Vrbas-Bečej-Titel Intermunicipal League, the sixth tier of Serbian football.