Xavier University Community Credit Cooperative (XUCCCO) is a cooperative exclusively for Xavier University regular full time employees, retirees, alumni and students
In 1985, Fr. Ernesto O. Javier, S.J., then Xavier University President, saw the need for an organization that would help the university employees meet their financial needs without borrowing from usurers or resorting to frequent cash advances. He proposed to set-up the “XU Employees Fund” into which the community could pool their savings together and thereby help one another avail of loans in times of need. He requested Dr. Anselmo B. Mercado to draft a concept paper for this.

In 1986, a Committee was formed and drafted the rules and regulations of XU Employees Fund. The members of said committee were: Dr. Anselmo B. Mercado, Fr. Ernesto O. Javier, SJ Mr. Rico Quilab, Mrs. Carol S. Tandog, Mrs. Ana Maria Y. Villaranda, Mrs. Lolita Cañizares, Miss Lumen Teodoro, Dr. Agustin Cabrera, Mrs. Rose Racines, Mrs. Henie B. Paylangco, Mrs. Bern Geveso, and Mrs. Annabelle Acedera.

On September 4, 1987 Fr. Ernesto O. Javier, S.J. happily announced that the XU Employees Fund was ready to start with its three-fold objectives, namely: a) to encourage the virtue of thrift among members; b) to extend loan facilities; and c) to give mutual assistance and aid to the members of the FUND.