Federal Register / Vol. 76, No. 135 / Thursday, July 14, 2011 / Rules and Regulations 41395 

■ 3. In § 330.1, paragraphs (k) through 

(r) of § 330.1 are redesignated as 

paragraphs (l) through (s) respectively 

and new paragraph (k) is added to read 

as follows: 

§ 330.1 Definitions. 

* * * * * 

(k) Interest, with respect to a deposit, 

means any payment to or for the 

account of any depositor as 

compensation for the use of funds 

constituting a deposit. A bank’s 

absorption of expenses incident to 

providing a normal banking function or 

its forbearance from charging a fee in 

connection with such a service is not 

considered a payment of interest. 

* * * * * 

■ 4. In § 330.6, in the first sentence of 

paragraph (b) remove ‘‘§ 330.1(m)’’ and 

add in its place ‘‘§ 330.1(n)’’. 

■ 5. In § 330.9, in the first sentence of 

paragraph (c)(1) remove ‘‘§ 330.1(k)’’ 

and add in its place ‘‘§ 330.1(l)’’. 

■ 6. In § 330.12: 

■ a. In the first sentence of paragraph (a) 

remove ‘‘§ 330.1(p)’’ and add in its place 

‘‘§ 330.1(q)’’. 

■ b. In the first sentence of paragraph 

(b)(1) remove ‘‘§ 330.1(o)’’ and add in its 

place ‘‘§ 330.1(p)’’. 

■ 7. In § 330.13, in the first sentence of 

paragraph (a) remove ‘‘§ 330.1(l)’’ and 

add in its place ‘‘§ 330.1(m)’’. In the last 

sentence of paragraph (a) remove 

‘‘§ 330.1(q)’’ and add in its place 

‘‘§ 330.1(r)’’. 

■ 8. In § 330.16, in the first sentence of 

paragraph (a) remove ‘‘§ 330.1(r)’’ and 

add in its place ‘‘§ 330.1(s)’’. 

■ 9. New § 330.101 is added to read as 

follows: 

§ 330.101 Premiums. 

This interpretive rule describes 

certain payments that are not deemed to 

be ‘‘interest’’ as defined in § 330.1(k). 

(a) Premiums, whether in the form of 

merchandise, credit, or cash, given by a 

bank to the holder of a deposit will not 

be regarded as ‘‘interest’’ as defined in 

§ 330.1(k) if: 

(1) The premium is given to the 

depositor only at the time of the 

opening of a new account or an addition 

to an existing account; 

(2) No more than two premiums per 

deposit are given in any twelve-month 

interval; and 

(3) The value of the premium (in the 

case of merchandise, the total cost to the 

bank, including shipping, warehousing, 

packaging, and handling costs) does not 

exceed $10 for a deposit of less than 

$5,000 or $20 for a deposit of $5,000 or 

more. 

(b) The costs of premiums may not be 

averaged. 

(c) A bank may not solicit funds for 

deposit on the basis that the bank will 

divide the funds into several accounts 

for the purpose of enabling the bank to 

pay the depositor more than two 

premiums within a twelve-month 

interval on the solicited funds. 

(d) The bank must retain sufficient 

information for examiners to determine 

that the requirements of this section 

have been satisfied. 

(e) Notwithstanding paragraph (a) of 

this section, any premium that is not, 

directly or indirectly, related to or 

dependent on the balance in a demand 

deposit account and the duration of the 

account balance shall not be considered 

the payment of interest on a demand 

deposit account and shall not be subject 

to the limitations in paragraph (a) of this 

section. 

By order of the Board of Directors. 

Dated at Washington, DC, this 6th day of 

July 2011. 

Federal Deposit Insurance Corporation. 

Robert E. Feldman, 

Executive Secretary. 

[FR Doc. 2011–17686 Filed 7–13–11; 8:45 am] 

BILLING CODE 6714–01–P 

DEPARTMENT OF TRANSPORTATION 

Federal Aviation Administration 

14 CFR Part 39 

[Docket No. FAA–2010–1024; Directorate 

Identifier 2010–NE–34–AD; Amendment 39– 

16753; AD 2011–15–06] 

RIN 2120–AA64 

Airworthiness Directives; General 

Electric Company GE90–76B; GE90– 

77B; GE90–85B; GE90–90B; and 

GE90–94B Turbofan Engines 

AGENCY: Federal Aviation 

Administration (FAA), DOT. 

ACTION: Final rule. 

SUMMARY: We are adopting a new 

airworthiness directive (AD) for the 

products listed above. This AD requires 

initial and repetitive fluorescent 

penetrant inspections (FPIs) and eddy 

current inspections (ECIs) of the highpressure compressor rotor (HPCR) 8–10 

stage spool, part numbers (P/Ns) 

1844M90G01 and 1844M90G02, for 

cracks between the 9–10 stages at each 

piece-part exposure. This AD was 

prompted by cracks discovered on one 

HPCR 8–10 spool between the 9–10 

stages in the weld joint. We are issuing 

this AD to prevent failure of the HPCR 

8–10 stage spool, uncontained engine 

failure, and damage to the airplane. 

DATES: This AD is effective August 18, 

2011. 

ADDRESSES: For service information 

identified in this AD, contact GE– 

Aviation M/D Rm. 285, One Neumann 

Way, Cincinnati, OH 45215, phone: 

513–552–3272; e-mail: 

geae.aoc@ge.com. You may review 

copies of the referenced service 

information at the FAA, Engine & 

Propeller Directorate, 12 New England 

Executive Park, Burlington, MA. For 

information on the availability of this 

material at the FAA, call 781–238–7125. 

Examining the AD Docket 

You may examine the AD docket on 

the Internet at http:// 

www.regulations.gov; or in person at the 

Docket Management Facility between 

9 a.m. and 5 p.m., Monday through 

Friday, except Federal holidays. The AD 

docket contains this AD, the regulatory 

evaluation, any comments received, and 

other information. The address for the 

Docket Office (phone: 800–647–5527) is 

Document Management Facility, U.S. 

Department of Transportation, Docket 

Operations, M–30, West Building 

Ground Floor, Room W12–140, 1200 

New Jersey Avenue SE., Washington, 

DC 20590. 

FOR FURTHER INFORMATION CONTACT: 

Jason Yang, Aerospace Engineer, Engine 

Certification Office, FAA, 12 New 

England Executive Park, Burlington, MA 

01803; phone: 781–238–7747; fax: 781– 

238–7199; e-mail: jason.yang@faa.gov. 

SUPPLEMENTARY INFORMATION: 

Discussion 

We issued a notice of proposed 

rulemaking (NPRM) to amend 14 CFR 

part 39 to include an airworthiness 

directive (AD) that would apply to the 

specified products. That NPRM 

published in the Federal Register on 

December 22, 2010 (75 FR 80370). That 

NPRM proposed to require initial and 

repetitive FPIs and ECIs of the HPCR 

8–10 stage spool, P/Ns 1844M90G01 

and 1844M90G02, for cracks between 

the 9–10 stages, at each piece-part 

exposure. 

Comments 

We gave the public the opportunity to 

participate in developing this AD. The 

following presents the comments 

received on the proposal and the FAA’s 

response to each comment. 

Request 

Two commenters, General Electric 

Company and The Boeing Company, 

requested that we remove the ‘‘Unsafe 


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41396 Federal Register / Vol. 76, No. 135 / Thursday, July 14, 2011 / Rules and Regulations 

Condition’’ paragraph from the AD, and 

reword the Summary section to 

resemble the Summary section of AD 

2002–04–11. The commenters stated 

that, by their analyses, cracks in the 

weld joint would not develop into an 

uncontained failure. The commenters 

stated that HPCR 8–10 stage spools, 

P/Ns 1844M90G01 and 1844M90G02, be 

inspected by an enhanced inspection, 

similar to those parts covered in AD 

2002–04–11. 

Answer 

We do not agree. AD 2002–04–11 was 

issued because of additional focused 

inspection procedures that had been 

developed by the manufacturer. Because 

cracks were discovered on one HPCR 

8–10 spool between the 9–10 stages in 

the weld joint, this unsafe condition is 

likely to exist or develop in other 

products of the same type design. The 

unsafe condition could result in failure 

of the HPCR 8–10 stage spool, 

uncontained engine failure, and damage 

to the airplane. We determined that this 

unsafe condition requires mandatory 

repetitive inspections for cracks. We did 

not change the AD. 

Request 

China Southern Airlines requested 

that we specify any terminating actions 

to the repetitive inspections of the 

affected part numbers of HPCR 8–10 

spools. 

Answer 

We disagree. Unless the part is 

replaced with a part not subject to this 

AD, no terminating actions to the 

repetitive inspections exist. 

Question 

China Southern Airlines asked if the 

initial and repetitive FPIs and ECIs of 

the HPCR 8–10 stage spool at each 

piece-part exposure in the shop 

effectively prevent failure during 

normal engine operation, since the highpressure module overhaul interval is 

48,000 hours or 6,000 cycles when the 

spool can have piece-part exposure per 

current GE90 Workscope Planning 

Guide. 

Answer 

Yes, the FAA has determined that the 

actions required by the AD will 

effectively prevent failure of the HPCR 

8–10 stage spool by removing cracked 

parts from service. 

Conclusion 

We reviewed the relevant data, 

considered the comments received, and 

determined that air safety and the 

public interest require adopting the AD 

as proposed. 

Costs of Compliance 

We estimate that this AD will affect 

33 GE90–76B; GE90–77B; GE90–85B; 

GE90–90B; and GE90–94B engines, 

installed on airplanes of U.S. registry. 

We also estimate that it will take about 

2 work-hours per engine to perform the 

inspection, and that the average labor 

rate is $85 per work-hour. Based on 

these figures, we estimate the total cost 

of the AD to U.S. operators to be $5,610 

for one inspection cycle. 

Authority for This Rulemaking 

Title 49 of the United States Code 

specifies the FAA’s authority to issue 

rules on aviation safety. Subtitle I, 

section 106, describes the authority of 

the FAA Administrator. Subtitle VII: 

Aviation Programs, describes in more 

detail the scope of the Agency’s 

authority. 

We are issuing this rulemaking under 

the authority described in Subtitle VII, 

Part A, Subpart III, Section 44701: 

‘‘General requirements.’’ Under that 

section, Congress charges the FAA with 

promoting safe flight of civil aircraft in 

air commerce by prescribing regulations 

for practices, methods, and procedures 

the Administrator finds necessary for 

safety in air commerce. This regulation 

is within the scope of that authority 

because it addresses an unsafe condition 

that is likely to exist or develop on 

products identified in this rulemaking 

action. 

Regulatory Findings 

This AD will not have federalism 

implications under Executive Order 

13132. This AD will not have a 

substantial direct effect on the States, on 

the relationship between the national 

government and the States, or on the 

distribution of power and 

responsibilities among the various 

levels of government. 

For the reasons discussed above, I 

certify that this AD: 

(1) Is not a ‘‘significant regulatory 

action’’ under Executive Order 12866, 

(2) Is not a ‘‘significant rule’’ under 

DOT Regulatory Policies and Procedures 

(44 FR 11034, February 26, 1979), 

(3) Will not affect intrastate aviation 

in Alaska, and 

(4) Will not have a significant 

economic impact, positive or negative, 

on a substantial number of small entities 

under the criteria of the Regulatory 

Flexibility Act. 

List of Subjects in 14 CFR Part 39 

Air transportation, Aircraft, Aviation 

safety, Incorporation by reference, 

Safety. 

Adoption of the Amendment 

Accordingly, under the authority 

delegated to me by the Administrator, 

the FAA amends 14 CFR part 39 as 

follows: 

PART 39—AIRWORTHINESS 

DIRECTIVES 

■ 1. The authority citation for part 39 

continues to read as follows: 

Authority: 49 U.S.C. 106(g), 40113, 44701. 

§ 39.13 [Amended] 

■ 2. The FAA amends § 39.13 by adding 

the following new airworthiness 

directive (AD): 

2011–15–06 General Electric Company: 

Amendment 39–16753; Docket No. 

FAA–2010–1024; Directorate Identifier 

2010–NE–34–AD. 

Effective Date 

(a) This AD is effective August 18, 2011. 

Affected ADs 

(b) None. 

Applicability 

(c) This AD applies to General Electric 

Company GE90–76B; GE90–77B; GE90–85B; 

GE90–90B; and GE90–94B turbofan engines 

with a high-pressure compressor rotor 

(HPCR) 8–10 stage spool, part number (P/N) 

1844M90G01 or 1844M90G02, installed. 

Unsafe Condition 

(d) This AD was prompted by cracks 

discovered on one HPCR 8–10 spool between 

the 9–10 stages in the weld joint. We are 

issuing this AD to prevent failure of the 

HPCR 8–10 stage spool, uncontained engine 

failure, and damage to the airplane. 

Compliance 

(e) Comply with this AD within the 

compliance times specified, unless already 

done. 

Inspections of the HPCR 8–10 Stage Spool 

(f)(1) At the next piece-part exposure of the 

HPCR 8–10 stage spool after the effective date 

of this AD, perform a fluorescent penetrant 

inspection (FPI) and eddy current inspection 

(ECI) of the weld joint between the 9–10 

stages of the HPCR 8–10 stage spool for 

cracks. 

(2) Thereafter, perform repetitive FPIs and 

ECIs of the weld joint between the 9–10 

stages of the HPCR 8–10 stage spool for 

cracks at every piece-part exposure of the 

HPCR 8–10 stage spool. 

(3) Remove from service any HPCR 8–10 

stage spool found cracked. 

(4) Guidance on performing the FPI can be 

found in GE90 (GEK100700) Engine Manual, 

Chapter 72–31–08, Inspection 001. 


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Federal Register / Vol. 76, No. 135 / Thursday, July 14, 2011 / Rules and Regulations 41397 

(5) Guidance on performing the ECI can be 

found in GE90 (GEK100700) Engine Manual, 

Chapter 72–31–08, Special Procedures 001. 

Definition 

(g) For the purpose of this AD, piece-part 

exposure is when the HPCR stage 8–10 spool 

is removed from the engine and completely 

disassembled. 

Alternative Methods of Compliance 

(AMOCs) 

(h) The Manager, Engine Certification 

Office, FAA, has the authority to approve 

AMOCs for this AD, if requested using the 

procedures found in 14 CFR 39.19. 

Related Information 

(i)(1) For more information about this AD, 

contact Jason Yang, Aerospace Engineer, 

Engine Certification Office, FAA, 12 New 

England Executive Park, Burlington, MA 

01803; phone: 781–238–7747; fax: 781–238– 

7199; e-mail: jason.yang@faa.gov. 

(2) For service information identified in 

this AD, contact General Electric Company, 

GE-Aviation, Room 285, 1 Neumann Way, 

Cincinnati, OH 45215, phone: 513–552–3272; 

fax: 513–552–3329; e-mail: geae.aoc@ge.com. 

For information on the availability of this 

material at the FAA, call 781–238–7125. 

Material Incorporated by Reference 

(j) None. 

Issued in Burlington, Massachusetts, on 

July 7, 2011. 

Peter A. White, 

Acting Manager, Engine & Propeller 

Directorate, Aircraft Certification Service. 

[FR Doc. 2011–17621 Filed 7–13–11; 8:45 am] 

BILLING CODE 4910–13–P 

DEPARTMENT OF TRANSPORTATION 

Federal Aviation Administration 

14 CFR Part 71 

[Docket No. FAA–2010–0986; Airspace 

Docket No. 10–ANM–13] 

Establishment of Class E Airspace; 

Florence, OR 

AGENCY: Federal Aviation 

Administration (FAA), DOT. 

ACTION: Final rule. 

SUMMARY: This action establishes Class 

E airspace at Florence, OR, to 

accommodate aircraft using a new Area 

Navigation (RNAV) Global Positioning 

System (GPS) standard instrument 

approach procedures at Florence 

Municipal Airport. This improves the 

safety and management of Instrument 

Flight Rules (IFR) operations at the 

airport. 

DATES: Effective date, 0901 UTC, 

October 20, 2011. The Director of the 

Federal Register approves this 

incorporation by reference action under 

1 CFR part 51, subject to the annual 

revision of FAA Order 7400.9 and 

publication of conforming amendments. 

FOR FURTHER INFORMATION CONTACT: 

Eldon Taylor, Federal Aviation 

Administration, Operations Support 

Group, Western Service Center, 1601 

Lind Avenue, SW., Renton, WA 98057; 

telephone (425) 203–4537. 

SUPPLEMENTARY INFORMATION: 

History 

On April 15, 2011, the FAA published 

in the Federal Register a notice of 

proposed rulemaking to establish 

controlled airspace at Florence, OR (76 

FR 21269). Interested parties were 

invited to participate in this rulemaking 

effort by submitting written comments 

on the proposal to the FAA. No 

comments were received. 

Class E airspace designations are 

published in paragraph 6005, of FAA 

Order 7400.9U dated August 18, 2010, 

and effective September 15, 2010, which 

is incorporated by reference in 14 CFR 

Part 71.1. The Class E airspace 

designations listed in this document 

will be published subsequently in that 

Order. 

The Rule 

This action amends Title 14 Code of 

Federal Regulations (14 CFR) part 71 by 

establishing Class E airspace extending 

upward from 700 feet above the surface 

at Florence Municipal Airport, Florence, 

OR, to accommodate IFR aircraft 

executing new RNAV (GPS) standard 

instrument approach procedures at the 

airport. This action is necessary for the 

safety and management of IFR 

operations. 

The FAA has determined this 

regulation only involves an established 

body of technical regulations for which 

frequent and routine amendments are 

necessary to keep them operationally 

current. Therefore, this regulation: (1) Is 

not a ‘‘significant regulatory action’’ 

under Executive Order 12866; (2) is not 

a ‘‘significant rule’’ under DOT 

Regulatory Policies and Procedures (44 

FR 11034; February 26, 1979); and (3) 

does not warrant preparation of a 

regulatory evaluation as the anticipated 

impact is so minimal. Since this is a 

routine matter that will only affect air 

traffic procedures and air navigation, it 

is certified this rule, when promulgated, 

will not have a significant economic 

impact on a substantial number of small 

entities under the criteria of the 

Regulatory Flexibility Act. The FAA’s 

authority to issue rules regarding 

aviation safety is found in Title 49 of the 

U.S. Code. Subtitle 1, Section 106 

discusses the authority of the FAA 

Administrator. Subtitle VII, Aviation 

Programs, describes in more detail the 

scope of the agency’s authority. This 

rulemaking is promulgated under the 

authority described in Subtitle VII, Part 

A, Subpart I, Section 40103. Under that 

section, the FAA is charged with 

prescribing regulations to assign the use 

of airspace necessary to ensure the 

safety of aircraft and the efficient use of 

airspace. This regulation is within the 

scope of that authority as it establishes 

controlled airspace at Florence 

Municipal Airport, Florence, OR. 

List of Subjects in 14 CFR Part 71 

Airspace, Incorporation by reference, 

Navigation (air). 

Adoption of the Amendment 

In consideration of the foregoing, the 

Federal Aviation Administration 

amends 14 CFR Part 71 as follows: 

PART 71—DESIGNATION OF CLASS A, 

B, C, D AND E AIRSPACE AREAS; AIR 

TRAFFIC SERVICE ROUTES; AND 

REPORTING POINTS 

■ 1. The authority citation for 14 CFR 

Part 71 continues to read as follows: 

Authority: 49 U.S.C. 106(g), 40103, 40113, 

40120; E.O. 10854, 24 FR 9565, 3 CFR, 1959– 

1963 Comp., p. 389. 

§ 71.1 [Amended] 

■ 2. The incorporation by reference in 

14 CFR Part 71.1 of the Federal Aviation 

Administration Order 7400.9U, 

Airspace Designations and Reporting 

Points, dated August 18, 2010, and 

effective September 15, 2010 is 

amended as follows: 

Paragraph 6005 Class E airspace areas 

extending upward from 700 feet or more 

above the surface of the earth. 

* * * * * 

ANM OR E5 Florence, OR [New] 

Florence Municipal Airport, OR 

(Lat. 43°58′58′′ N., long. 124°06′41′′ W.) 

That airspace extending upward from 700 

feet above the surface within 3-mile radius of 

Florence Municipal Airport. 

Issued in Seattle, Washington, on July 6, 

2011. 

John Warner, 

Manager, Operations Support Group, Western 

Service Center. 

[FR Doc. 2011–17541 Filed 7–13–11; 8:45 am] 

BILLING CODE 4910–13–P 


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