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The club was founded on 27 August 1969 as a result of a merger between two local rivals, OFK Vrbas and FK Kombinat. They subsequently won the Novi Sad-Srem Zone League in their inaugural 1969–70 season, earning promotion to the Vojvodina League, the third tier of Yugoslav football. 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. They spent the following two years in the second tier, between 1974 and 1976, before being relegated back to the Vojvodina League. The club again won the Vojvodina League in 1976–77, but immediately suffered relegation from the Second League in 1978. They were promoted back to the second tier in 1979, spending two seasons in the league, before being relegated again in 1981. The club returned to the Yugoslav Second League in 1983 and stayed for four years until 1987.
Before the final breakup of Yugoslavia, the club competed in the 1991–92 Yugoslav Second League. They continued participating in the 1992–93 Second League of FR Yugoslavia, but instantly suffered relegation to the Serbian League North. Later on, the club played five consecutive seasons in the third tier, before being promoted back to the Second League in 1998. They subsequently spent the next six years in the Second League, having been relegated in the 2003–04 campaign. After two successive seasons in the Serbian League Vojvodina, the club dropped to the Vojvodina League West in 2006. 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. 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.