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 § 225.28 of Regulation Y (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. Additional information on all bank holding companies may be obtained from the National Information Center website at www.ffiec.gov/nic/.
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 October 8, 2004.
A. Federal Reserve Bank of New York (Jay Bernstein, Bank Supervision Officer) 33 Liberty Street, New York, New York 10045-0001:
1. Community Bank System, Inc., Dewitt, New York; to engage de novo through its subsidiary Benefit Plans Administrative Services, Inc., Utica, New York, in employee benefits consulting and incidental activities, pursuant to section 225.28(b)(9)(ii) of Regulation Y.Start Signature
Board of Governors of the Federal Reserve System, September 17, 2004.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 04-21363 Filed 9-22-04; 8:45 am]
BILLING CODE 6210-01-S