Two novel, donor-acceptor-type π-conjugated polymers (P1 and P2) with 3'-(thieno[3,2-b]thiophene-2,5-diylbis(methan-1-yl-1-ylidene))bis-(indolin-2-one) (ITTI) as the acceptor and thiophene/bithiophene as the donor are designed and synthesized by palladium-catalyzed Stille coupling. The optical and electrochemical properties of these polymers are characterized and further implemented into organic field-effect transistors (OFET). Both polymers exhibit excellent thermal stability, broad UV-vis absorption, and high highest occupied molecular orbital energy levels. Thermal annealing induces a well-ordered structure, a highly planar π-system (oxygen-sulfur interaction), and a bathochromic shift in the polymers; furthermore, significant enhancement of the long wavelength intensity is also observed. Both polymers exhibit p-type charge transport behavior, with hole mobilities up to 0.51 cm V s for P1 and 0.65 cm V s for P2. This work demonstrates that ITTI can be a promising building block for the construction of donor-acceptor polymers with high-performance OFETs.