Union announcement, bank silence

The union posted an item on its website referring to an affiliated financial product for union members at SC First Bank. The post's full text is not publicly accessible, and the details circulating rely on the page's title alone. SC First Bank's website shows evidence of product preparation, including related materials, but no official confirmation, release date, or interest-rate terms have been announced by the bank.

What remains unknown

Neither party has disclosed the product's exact name, rate structure, eligibility conditions, or timeline. The bank's official position and the final commercial terms therefore remain undetermined pending direct confirmation.

On the facts available — a union announcement of an SC First Bank partnership product and signs of preparation on the bank's side, with launch and rate conditions still unconfirmed — the claim is Mostly True.