Meet the Islanders Bank Lending Team. Armed with years of experience and knowledge, our loan officers have the expertise and ability to guide you through the loan process with ease and success. Stop by your local branch today and learn how they can assist you in reaching your goals.

Loreen Arnold, NMLS# 619915
Vice President and Senior Lending Officer
Orcas Island Branch, 360-376-2265
Loreen joined Islanders Bank in 2006 as a Senior Lending Officer. Her previous experience includes many years in commercial banking, credit administration, and loan review. Her greatest passion is service to the community through the lending process. She currently serves on the Orcas Center Board as Treasurer and is active in the local Lions Club where she has held positions as Secretary and 1st Vice President.

Terry Clem, NMLS# 609762
Vice President and Senior Lending Officer
Friday Harbor Branch, 360-378-2265

Terry joined Islanders Bank in 1985 as a Lending Officer. He graduated from the University of North Dakota in 1972 and later moved to Seattle where he was employed by a Savings and Loan company. Terry moved to Friday Harbor in 1977. His prior banking experience includes Branch Manager and Regional Loan Servicing Manager.

Tony Fyrqvist, NMLS# 619914
Vice President and Senior Lending Officer
Friday Harbor Branch, 360-378-2265

Tony joined Islanders Bank in 1997 as a Lending Officer. He holds a Bachelor of Science degree, MIM in International Business and also an MBA from Seattle University. Tony began his banking career in International Banking, in 1984, with the Japan group of a local Washington State bank. He has volunteered as an enrichment teacher at Friday Harbor Elementary School and firefighter with the Town of Friday Harbor. Tony has also coached local youth soccer teams for over 20 years and youth baseball for 5 years.

Bruce Martin, NMLS# 328045
Vice President and Senior Lending Officer
Friday Harbor Branch, 360-378-2265
Bruce joined Islanders Bank in 2014 as a Senior Lending Officer.   He began his banking career 30+ years ago at a community bank here in the Pacific Northwest.   Bruce has held prior positions as a Loan Servicing Manager, Loan Review Officer and Special Credits Manager.   He has been an active participant in the American Cancer Society Relay for Life event and North Puget Sound Dragon Boat Club and has also served as director of the Medical SafetyNet of North Whidbey Island.   Bruce looks forward to serving the San Juan Islands community through his vast experience in lending and strong dedication to community service projects.

Mike Taylor, NMLS# 720611
Vice President and Senior Lending Officer
Friday Harbor & Lopez Branches, 360-378-2265

Mike joined Islanders Bank in 2011 as a Senior Lending Officer. His 13 years of banking experience include several years in credit administration as a senior commercial credit analyst. Mike has an MBA from Western Washington University and has completed several professional education programs, including a certificated course in commercial real estate from the University of Washington. A long-time island resident, Mike has volunteered with a number of community organizations, including serving on the Board of the San Juan Pilots Association and the San Juan Public Schools Foundation.

Shari Ray, NMLS#1150228
Vice President and Loan Operations Manager

Shari joined Islanders Bank in October 2012 where she manages the Loan Operations Department, including loan systems and lending compliance for all bank staff. Prior to joining Islanders Bank she held positions as Compliance Officer, CRA Officer, Privacy Officer, and Loan Servicing Manager. Her prior experience includes over thirty years in banking at two other community banks in Washington State. She earned her Associate of Arts degree in accounting from Edmonds Community College. She is also a graduate of the first class of the Washington Bankers Association Executive Development Program.

Islanders Bank lenders are licensed as Mortgage Loan Originators through the Nationwide Mortgage Licensing System.  Additional information can be found at