Ute Heidenreich, Esq.

Leila has been a member of the Towne Family since 2010 and brings more than a decade of industry experience. Leila assists members in the successful completion of an IRC Section 1031 tax-deferred exchange, including coordinating with attorneys, preparing necessary exchange documentation, holding and protecting exchange proceeds, and providing guidance, information, and timelines through the entire 1031 exchange process. In June 2023, Leila earned her designation as a Certified Exchange Specialist® (CES®), which is a voluntary certification offered through the Federation of Exchange Accommodators (FEA) and designed specifically for 1031 tax deferred exchange professionals. Leila received her BS in Occupational and Technical Studies from Old Dominion University. She is also a graduate of the Chamber of Commerce's LEAD Hampton Roads program and the TowneBank Leadership Exploration and Development Program. Active in her community, Leila serves as Vice Chair for the Virginia Beach SPCA. She is also an Infinity Circle Member for CHKD. "I love helping our members successfully complete their 1031 exchange."

Michael joined the TowneBank family in 2009 and offers over 15 years of financial services experience. In his role as a Merchant Services Advisor, he is responsible for helping our business members with their debit and credit card payment processing needs. Michael works with each of his business members to understand their needs and works to curate the most streamlined and cost effective solutions for them so they can accept payments in-store, on-the-go, or online. Michael earned his Bachelors of Arts from East Carolina University and is a graduate of the TowneBank Management Associate Program. Active in his community, he volunteers with Friends of Portsmouth Juvenile Court. "TowneBank, and the Merchant Services team, is a great group of hard working professionals who love helping our members every day with all their banking needs."

Yvonne is executive vice president and community financial engagement officer. She has more than 30 years of experience in the financial services industry and joined TowneBank in 2005. In her current role, she leads credit and business financing seminars for many local non-profits and community groups, sharing the wealth of the financial knowledge she has accumulated throughout her career. She is a graduate of the George Washington University and the Hampton Roads Civic Leadership Institute. She serves our local community as a member of many boards including the ODU Board of Visitors, the Norfolk State University Foundation Board, the WHRO Board, the NATO Board, and is former chair of the Board of Commissioners of the VHDA.