What impact does a basketball partnership have on food rescue efforts in New York City? Apple Bank’s collaboration with St. John’s men’s basketball is making a significant contribution to City Harvest, New York City’s largest food rescue organization.

For every 3-point field goal made by the St. John’s men’s basketball team, Apple Bank donated $10 to City Harvest. This season, the team made a total of 219 3-pointers, resulting in a rounded donation of $2,500 from Apple Bank.

City Harvest, which has been rescuing food since 1982, is on track to rescue more than 86 million pounds of food this year alone. This partnership emphasizes the importance of community engagement and support, as noted by Kenyatta Skyles, Director of Business Partnerships at City Harvest, who stated, “City Harvest is thrilled to partner with Apple Bank and St. John’s Athletics through the 3’s for the Community program.”

Apple Bank has served the greater New York City metropolitan area for over 160 years, and this initiative showcases its commitment to local communities. The General Manager of St. John’s Sports Properties remarked, “This impactful partnership with Apple Bank goes far beyond the basketball court.”

In a different context, the Reserve Bank of Australia recently raised its benchmark policy rates to 4.1%, a hike of 25 basis points, as inflation reached 3.6% for the quarter ended December. Andrew Hauser, Deputy Governor of the Reserve Bank of Australia, commented, “We have a problem with inflation. It’s too high.” This highlights the broader economic challenges that banks face globally.

Additionally, a proposed class-action lawsuit against Bank of America has emerged, filed by a Florida woman who claims she was abused by Epstein while holding two accounts at the bank. This lawsuit adds another layer of complexity to the banking sector’s current landscape.

As these events unfold, the focus remains on the positive impact of community partnerships like that of Apple Bank and St. John’s basketball, which not only support local sports but also address critical issues like food insecurity.

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