Rotorua's RSA is not closing its doors, contrary to rumours, but it may be forced to temporarily cease trading.
Rotorua RSA president William McDonald said that did not mean it would close for good and would remain open for its members.
In April Mr McDonald revealed the association was "significantly in the red" and had brought in valuers in the hope they could sell some of the items in the RSA's museum. The club held an extraordinary general meeting on Saturday with around 250 of its 1277 members in attendance. The purpose of the meeting was to change the club's constitution and for the committee to have the mandate to "quickly explore options" to see the RSA through its current troubles," Mr McDonald said.
"We're one of a number of RSAs around the country who are going through difficult times," he said. "It is the intention of myself, our committee and our members that we will overcome our financial issues.
"Next year, Rotorua RSA will celebrate 100 years. We will reach 100 years, and beyond. What that will look like and where we may be might be different, but we will not let our RSA slip away from us."