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What questions should parents ask a Family Bank about company stability?

  • How long has the company been banking cord blood? 
  • Who directs the day-to-day business of the company?  Many cord blood banks have famous doctors on their Board of Directors; but they are not involved with the day-to-day operations.
  • What is their inventory of stored cord blood units?  Make sure to ask how many families banked cord blood with them. Many banks want to tell you how many "units" they have banked, but there could be multiple units per family (for cord blood, cord tissue, multiple storage containers)
  • How many cord blood collections has the bank released for therapy?