Storing a baby's cord blood in a private cord blood bank means it can be used only by that child (or a family member) if needed. Private cord blood banks charge collection fees as well as annual storage fees. Some medical professional organizations do not support the routine storage of cord blood in private blood banks.
If these standards are met, the cord blood is frozen and stored.
Cord blood that is stored in a public bank is listed on the National Marrow Donor Program (NMDP) Registry, so it can be available for transplantation in a patient who is a match.
If you decide to donate to a private cord blood bank, they will send you a collection kit after you sign up. You will be responsible for bringing the collection kit to the hospital. Your doctor will use it to collect the cord blood after delivery.