At an annual meeting on Thursday night, the women's club merged with its male counterpart.
The Otago Golf Club, formed in 1871, is the oldest in the country. The women's club was formed soon after the men's.
Club president Pat White said the club had taken about 14 years to work through the issues surrounding the amalgamation.
"But in this day and age it made no sense to have two clubs and it was not a good thing going forward," White said.
There will now be a management committee comprising men's and women's club captains, a women's committee member, a president, a financial director and two other board members.
Only women could vote for the women's club captain and women's committee member.
White said the club had endured two levels of management and that was not efficient, especially in tough economic times.
Most golf clubs had merged their memberships and Otago Golf Club was one of the last in the country to do so.
Women's club captain Anne McKenzie said women members would notice no difference with the amalgamation.
The club had about 150 women members and 550 men.
She said it had taken a long time for the changes to go through but they wanted to get everything right, and some members initially had reservations about the change.
The women's club had about $60,000 in reserves, helped by a bequest by former golfer Beth Anderson a couple of years ago.
That money would be placed in a trust for four years, though McKenzie said the club had plans for it, including a new entranceway to the course.
The money would definitely not be used to repay debt, she said.
That was confirmed by White, who said debt repayment was going to schedule.
About five years ago, the club owed nearly $500,000 but the debt was now under $100,000.
