Empire State Review Team 
BROOKLYN PARK, Minn. (FOX 9) – Terry Dolan, a recognized executive at U.S. Bank, is reportedly the sole occupant of the aircraft that tragically crashed into a residential structure in Brooklyn Park on Saturday.
Details of the Incident
The Federal Aviation Administration (FAA) reports that a SOCATA TBM7, a single-engine private jet, went down around 12:20 p.m. near the intersection of 109th Avenue North and Noble Parkway. The flight took off from Des Moines International Airport in Iowa and was en route to Anoka County-Blaine Airport in Minneapolis at the time of the accident. Dolan is believed to have perished in the crash, whereas the single resident inside the house was able to escape without injury.
Current Status of the Investigation
While the plane is registered to Terry Dolan, U.S. Bank officials are awaiting formal confirmation from investigators regarding the identity of the individual aboard. The cause of the crash remains under investigation by federal authorities.
Profile of Terry Dolan
At 63 years old, Terry Dolan was appointed vice chair and chief administration officer of U.S. Bank earlier in 2023. He joined the company in 1998, previously occupying roles such as chief financial officer and leading the wealth management and investment services division.
In his capacity as CAO, Dolan played an integral role in the bank’s operations, overseeing corporate strategy, marketing, and analytics. His commitment extended beyond the corporate world as he actively participated in various charitable organizations, serving on boards including the Killebrew Thompson Memorial, as well as being associated with Catholic Charities, the Minnesota Opera, Artspace, and The Minneapolis Foundation.
U.S. Bank’s Statement
Following the tragic event, U.S. Bank issued a statement on Sunday acknowledging the aircraft’s registration under Dolan. “We are aware that the plane that crashed in Brooklyn Park…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 read. They also expressed gratitude that no injuries occurred to the occupants of the home impacted by the crash and thanked first responders for their services.
Terry Dolan (U.S. Bank / Supplied)
Looking Ahead
As investigations continue, more information regarding the circumstances of the crash is expected to emerge. The community remains in shock as they process this loss, and the legacy of Terry Dolan at U.S. Bank and in the wider community is being honored as tributes pour in.
