Several of the town's councillors, Liberal Bass representatives and about 150 community members met at the town's RSL club following an Anzac Day address from president Lyndon Bolton which indicated the future of the club seemed grim.

Mr Bolton said yesterday's "overwhelming" response from the public had reassured him of the RSL's position.

About $8000 was raised from a club initiative, while 30 people stepped forward to volunteer.

"It was a great outcome, people were fully supportive of George Town's RSL moving forward," Mr Bolton said.

"We're grateful for the support shown today and we hope that doesn't disappear in a week's time."

Mr Bolton said the first step in the club's next chapter would be to develop a finance committee made up of local business people.

He advised RSLs in a similar position to George Town's to get the community on board.

"We were probably 12 months late in calling a public meeting," Mr Bolton said.

"Please speak out and tell your community what's happening."

George Town RSL was first developed about 80 years ago in the wake of World War I.

It has about 450 members and is the one of the few remaining RSLs in the state's North-East.

Mr Bolton said the club would hold a meeting in about two months to advise the community of its progress.