The Family Radio Service (FRS) is private, two-way, very short-distance voice communications service for facilitating family and group activities. The Family Radio Service was adopted on May 10th, 1996 and was authorized in July of 96'. It uses FM with a peak deviation of +/- 2.5 kHz. Maximum power is .5 Watt. Note: Channels 1 through 7 are shared with GMRS.
Links of interest
FCC Part 95 - Personal Radio Services Information

Family Radio Service (FRS) Radio Channel Plan
Channel Frequency
01 462.5625
02 462.5875
03 462.6125
04 462.6375
05 462.6625
06 462.6875
07 462.7125
08 467.5625
09 467.5875
10 467.6125
11 467.6375
12 467.6625
13 467.6875
14 467.7125