“Cord blood banking provides a simple process of safely and securely storing the blood within your child’s umbilical cord, as well as the tissue from the cord itself. Parents have the option of banking their baby’s cord blood with a public cord blood bank, or a private cord blood bank like NECBB.
Public cord blood banking is free and will provide life-saving benefits to a family in need. Once you donate your cord blood, however, you no longer have rights to those stem cells. If your child or family member is in need of cord blood stem cells, there is no guarantee that you or children can use their own cells. With private cord blood banking, there are fees but you own the cells. Your full rights to use it are preserved, and it is always immediately available to you.”.
NE CBB New England Cord Blood Bank (https://www.cordbloodbank.com/july-cord-blood-awareness-month)