Eugene-based SELCO Community Credit Union, which has branches in Bend and Redmond, will merge with Greater Oregon Federal Credit Union, based in Burns, the financial institutions announced Thursday.

They expect the merger to be officially completed by July 1, according to a news release, and to integrate operations of the credit unions by the first quarter of next year.

SELCO’s total assets of about $1 billion ranked it third among Oregon-based credit unions at the end of last year, according to data from the National Credit Union Administration. OnPoint Community Credit Union topped the list with total assets of more than $3.1 billion, while Oregon Community Credit Union came in second.

Greater Oregon, which has branches in Burns, Christmas Valley and Vale, had total assets of about $34 million, according to administration data.

After the merger, customers will be able to choose from 18 branches throughout the state, according to the news release.