<p>MADISON, Wis. – State Director Ginger Larsen, of the Wisconsin Office of Credit Unions has stipulated in the state's proposed member business lending rule, higher loan-to-value (LTV) rate levels for development and construction lending than NCUA requires for federal credit unons. The LTV for development loans would be 65-70%, and for combination development and construction loans, 65-75%. With the marketplace demands in Wisconsin being so high, Larsen said the higher LTV levels "will make credit unions more competitive." The state's MBL rule would also require credit union staff making MBLs to have five years experience. NCUA requires two years experience for federal credit unions. The NCUA Board will take up Wisconsin's proposed MBL rule at its next meeting in February. NASCUS invites new NCUA Board members to meeting</p>