All groups, including Wagga's, have been suspended as of July 1 due to a restructure of the Treasury Managed Fund - the fund which insured the volunteer groups through NSW Police.

While the groups still have an online presence, it means they are no longer able to hold events, fundraise or raise awareness through letter drops and president of the newly formed NSW Neighbourhood Watch, Bill Hackney, said there was no time to waste in finding a resolution.

"We were called to an urgent meeting in Sydney happening Tuesday to meet important figureheads like the assistant commissioner and youth and crime managers so see if there is any way they can help fund the insurance we need," he said.

"We obviously jumped at the chance, and hope that they and the government as a whole can find a way to keep us afloat."

Not prepared to give up, Mr Hackney said the group had a Plan B in place.

"If government funding does not follow through, we as a state body will rally all the individual Neighbourhood Watch groups to make a small $200 contribution in order for us to take out an overarching 6 month public liability insurance while we try to obtain further support elsewhere," he said.

Wagga's Neighbourhood Watch president Wayne Deaner said their branch supported the contribution for temporary insurance, but reminded stakeholders that it was a last resort.

"I am positive about the meeting though, it's a step in the right direction, but it isn't all that needs fixing," he said.

Mr Deaner said despite their lack of physical community presence, he had faith in Wagga to not let crime get out of hand.

"We're hoping to resolve things within the next month or so," he said.

"We will still have online presence and are doing a lot through social media, we've ramped up our ad campaigns to make more people aware of some of the issues in their communities and we are answering a lot of calls."

Wagga City Council's recently formed Crime Prevention Group has been put in the spotlight as a result, putting their resources to the test.

"There are a lot of issues that crime prevention have to meet still and figure out," Mr Deaner said.

"Colin Taggart who is in charge believes strongly in the community so I feel like they can get there but will really have to apply themselves."

Mr Deaner reminded the community that the issue was not just financial.

"We need to get the message out that we need support and resources and manpower," he said.

"We need to come together as a community and remember that this is your neighbourhood we are trying to protect."