There have been a really tough last few hours in Minnesota. The U.S. bank executive Terry Dolan is feared dead in a tragic plane crash in Minnesota.
According to reports, Dolan was among the victims of a tragic plane crash in Minnesota that resulted in no survivors. Dolan serves as the bank’s vice chair and chief administration officer.
The small single-engine SOCATA TBM7 aircraft was registered to Dolan, who is believed to be among the onboard travelers.
The plane departed from Des Moines International Airport in Iowa and was en route to Anoka County-Blaine Airport in Minneapolis.
U.S. Bank officials suspect that Terry Dolan, vice chair of U.S. Bancorp, was the victim of yesterday’s plane crash in Brooklyn Park.
— Shadow of Ezra (@ShadowofEzra) March 30, 2025
While the medical examiner's office has yet to confirm his presence on board, all signs point to him being on the plane.
He has been with U.S.… pic.twitter.com/Ms7tf2q5Zc
It crashed into a home in Brooklyn Park on Saturday, March 29, 2025
According to Brooklyn Park Fire Chief Shawn Conway, the exact number of people on board remains unclear. They confirmed that there were no survivors from the flight.
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U.S. Bank Issues Statement In Wake Of Terry Dolan’s Feared Death In Minnesota Plane Crash
A spokesperson for the U.S. Bank stated that they believe Terry Dolan was on the plane, though the medical examiner’s office has not yet confirmed this.
In an official statement, the bank acknowledged the plane crash and sent prayers to the affected people. As per the medical examiner, it did not confirm that Dolan was on board, but they believe “he was.”
At around 12:22 PM local time, emergency services arrived at the scene following reports of the crash and the resultant fire. Two individuals resided in the affected home. But only one was present at the time, and that person escaped without injury.
“Our thoughts and prayers are with him, his family and friends, and anyone who may have been affected by yesterday’s tragic incident. We are grateful that there were not any injuries to residents of the home that was impacted by the crash, and we thank all the first responders who have provided service,” the statement read.
JUST IN: @usbank says they believe, but are unable to confirm, that Vice Chair and Chief Administration Officer Terry Dolan may have been on the aircraft that crashed yesterday in Brooklyn Park, MN. @WCCO @CBSNews pic.twitter.com/j5L9GSC9ZE
— Frankie McLister (@FrankieMcLister) March 30, 2025
The National Transportation Safety Board (NTSB) is conducting an ongoing investigation, which will likely provide a preliminary report in the upcoming weeks. Although the full investigation may take years. Terry Dolan, who was 63 years old and known for his passion for flying, previously held various significant roles within the U.S. Bank, including chief financial officer.
