[Federal Register Volume 76, Number 153 (Tuesday, August 9, 2011)]
[Notices]
[Pages 48862-48863]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-20130]


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FEDERAL RESERVE SYSTEM


Notice of Proposals To Engage in Permissible Nonbanking 
Activities or To Acquire Companies That Are Engaged in Permissible 
Nonbanking Activities

    The companies listed in this notice have given notice under section 
4 of the Bank Holding Company Act (12 U.S.C. 1843) (BHC Act) and 
Regulation Y, (12 CFR part 225) to engage de novo, or to acquire or 
control voting securities or assets of a company, including the 
companies listed below, that engages either directly or through a 
subsidiary or other company, in a nonbanking activity that is listed in 
Sec.  225.28 of Regulation Y

[[Page 48863]]

(12 CFR 225.28) or that the Board has determined by Order to be closely 
related to banking and permissible for bank holding companies. Unless 
otherwise noted, these activities will be conducted throughout the 
United States.
    Each notice is available for inspection at the Federal Reserve Bank 
indicated. The notice also will be available for inspection at the 
offices of the Board of Governors. Interested persons may express their 
views in writing on the question whether the proposal complies with the 
standards of section 4 of the BHC Act.
    Unless otherwise noted, comments regarding the applications must be 
received at the Reserve Bank indicated or the offices of the Board of 
Governors not later than August 24, 2011.
    A. Federal Reserve Bank of New York (Ivan Hurwitz, Vice President) 
33 Liberty Street, New York, New York 10045-0001:
    1. ES Bancshares Inc., Newburgh, New York; to engage de novo 
through its subsidiary, Empire Lockbox Settlements, Inc., Newburgh, New 
York, and thereby engage in extending credit and servicing loans, 
pursuant to section 225.28(b)(1) of Regulation Y.
    B. Federal Reserve Bank of Atlanta (Chapelle Davis, Acting Vice 
President) 1000 Peachtree Street, NE., Atlanta, Georgia 30309:
    1. First Bank of Miami Shares, Inc., Coral Gables, Florida; to 
retain FBM International Advisors, Inc., Coral Gables, Florida, and 
thereby engage in investment advisory activities, pursuant to section 
228.28(b)(6)(i) of Regulation Y.

    Board of Governors of the Federal Reserve System, August 4, 
2011.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 2011-20130 Filed 8-8-11; 8:45 am]
BILLING CODE 6210-01-P