Tragic Plane Crash in Brooklyn Park Claims Life of U.S. Bank Executive

BROOKLYN PARK, Minn. (FOX 9) – A plane accident has resulted in the death of a prominent U.S. Bank executive, Terry Dolan, believed to be the sole occupant of the aircraft when it crashed into a residence in Brooklyn Park on Saturday afternoon.

Details of the Incident

The Federal Aviation Administration (FAA) reports that the crash occurred around 12:20 PM at the intersection of 109th Avenue North and Noble Parkway. The aircraft involved was a SOCATA TBM7, a single-engine business plane, which had taken off from Des Moines International Airport in Iowa and was en route to the Anoka County-Blaine Airport in Minnesota.

Fortunately, there was one person inside the house at the time of the incident, but they managed to escape unharmed. While U.S. Bank officials await formal confirmation regarding Dolan’s presence on the flight, preliminary indications suggest he was aboard the aircraft.

Investigation Ongoing

As investigations proceed, federal authorities are working to determine the cause of the crash. This remains a developing story, and more information will be provided as it becomes available.

Who Was Terry Dolan?

Terry Dolan, 63, had been a notable figure at U.S. Bank, serving as the vice chair and chief administration officer since 2023. His extensive career with the company began in 1998, during which he held several significant roles, including chief financial officer and head of wealth management and investment services.

As the CAO, Dolan played a vital role in shaping corporate strategy, marketing, and analytics within the organization. He was also well-known for his community involvement, actively participating on boards for various charities such as the Killebrew Thompson Memorial and engaging with organizations like Catholic Charities and the Minnesota Opera.

U.S. Bank’s Response

U.S. Bank expressed its condolences in a statement released on Sunday. The statement read, “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. Our thoughts and prayers are with him, his family and friends, and anyone who may have been affected by yesterday’s tragic incident.”

The statement also thanked first responders for their service and expressed relief that the occupants of the impacted home were unharmed.

Conclusion

This tragic event has not only shocked the corporate community but also raised concerns regarding aviation safety. As investigations continue, the legacy of Terry Dolan will be remembered by those who knew him professionally and personally.