The Minneapolis-based company’s chief administrative officer is believed to have piloted the single-engine plane that crashed in Brooklyn Park.

Mike Dolan, the older brother of 63-year-old Terrance “Terry” R. Dolan, is speaking out as the bank executive is presumed dead following a plane crash in Minnesota.

A Brooklyn Park couple is receiving growing support from the community after a light aircraft crashed into their home on Saturday, destroying it. Mary Butler and Kenneth Tobacman are living at a hotel after their home burned down following the plane crash, which claimed the life of pilot Terry Dolan, a 63-year-old executive at U.S. Bancorp.

The NTSB has removed the crashed plane from a Brooklyn Park home for investigation, as the community mourns Terry Dolan.

Minnesota medical examiners confirmed the identity of the man who died in a plane that departed from the Des Moines International Airport on Saturday.

A spokesperson for U.S. Bank told PEOPLE in a statement on Monday, March 31, that they ‘believe’ their vice chair and chief administration officer Terry Dolan was on board the small plane that crashed into a home in Minnesota the day before.

Terry Dolan, the senior U.S. Bancorp executive presumed to have died in a Saturday afternoon plane crash in Brooklyn Park, is being remembered by his peers Monday as a benevolent leader with a deep commitment to civic service.

Terry Dolan, the institution's vice chair, was the only person on board the single-engine craft that went down on Saturday.