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US Bank executive Terry Dolan believed to be dead following plane crash near Minneapolis

us-bank-executive-terry-dolan-believed-to-be-dead-following-plane-crash-near-minneapolis
US Bank executive Terry Dolan believed to be dead following plane crash near Minneapolis

A top US Bank executive is believed to be dead after a small plane registered in his name crashed into a home near Minneapolis on Saturday.

The unidentified pilot was killed in the crash and no other injuries were reported, authorities said.

The Hennepein County Medical Examiner hasn’t confirmed the identity of the sole victim, but many believe that US Bancorp’s Vice Chair and Chief Administration Officer Terry Dolan was killed in the crash — including his coworkers.

Ben Fountain dressed in a suit and tie at the site of Terry Dolan Minneapolis Plane Crash

Terry Dolan, 63, is presumed dead following a plane crash in Brooklyn Park, Minn. U.S. Bank

“We are aware that the plane that crashed in Brooklyn Park on Saturday afternoon was registered to Terry Dolan, our vice chair and chief administration officer. At this time, the medical examiner’s office has not been able to confirm whether he was on board, but we believe he was,” US Bancorp wrote in a statement.

“Our thoughts and prayers are with him, his family and friends, and anyone who may have been affected by yesterday’s tragic incident.”

Fire crews and local residents at the scene of an airplane crash into a house, causing a large fire, in Brooklyn Park, Minnesota.

The plane crashed into a house shortly after noon on Saturday. Mike Deyo via Storyful

Dolan, 63, became the company’s vice chair in 2023. He was in charge of marketing and analytics at the company, among other operations.

Beyond Bancorp, he was an active philanthropist and served on the Killebrew Thompson Memorial’s board of directors as well as at top cultural institutes like the Minnesota Opera and Artspace. He also served on the boards of Catholic Charities and The Minneapolis Foundation.

On Saturday, Dolan’s plane crashed into a house around noon in Brooklyn Park, Minn. The home burst into flames, but miraculously, no one inside the house was injured.

Authorities and local residents observing a large fire caused by an airplane crash into a house in Brooklyn Park, Minnesota

No injuries were reported by residents of the home, and Dolan was the sole passenger aboard the plane when it crashed. Mike Deyo via Storyful

The plane originally departed from the Des Moines International Airport in Iowa that morning. It was just 10 minutes away from landing at the Anoka County-Blaine Airport in Minneapolis when it crashed into the suburban neighborhood.

The medical examiner’s office is expected to release the identity of the killed pilot once the investigation is concluded. Crews started early on Sunday recovering the wreckage and documenting the accident site.

A preliminary report could take up to two weeks to finalize, Timothy Sorensen, a National Transportation Safety Board senior aviation accident investigator, told the Minnesota Star Tribune.

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