U.S. Bancorp vice chair’s plane crashed on Saturday, bank says it believes he was on board

(Reuters) – A plane registered to U.S. Bancorp’s Vice Chair Terry Dolan crashed in Brooklyn Park, Minnesota on Saturday, the bank said in a statement on Sunday.

The Minnesota-based lender said the medical examiner’s office has not been able to confirm whether Dolan was on board, but “we believe he was.”

In addition to vice chair, Dolan became the lender’s chief administration officer in 2023, according to the company’s website

The National Transportation Safety Board said it is investigating the crash of a Socata TBM 700 airplane on Saturday near Brooklyn Park, Minnesota.

The NTSB said preliminary information indicated only one person was on board, but it does not release the identities of those involved in crashes.

The plane had departed Des Moines International Airport in Iowa and was bound for Anoka County-Blaine Airport when the crash occurred, CBS News reported, citing the Federal Aviation Administration.

(Reporting by Pretish M J in Bengaluru and Carolina Mandl; Editing by Chris Reese)

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