[asgardshill]

I don't see any ethical problems this would pose. If you can afford to do so, my opinion is bank it in your own family's name, then donate it when it becomes clear that it won't be needed (if you can even do that).

[elisabeth]

The ethical problem I am worried about is that the cord blood would have a much higher probability of being used to help a stranger than it would my own child or someone in our family. So I am thinking I should donate it hoping it would save someone else's life, knowing that I would seek a donor from a public blood bank if my child needed it.

I am definitely looking into whether I can bank it privately, but maybe be notified by the bank if someone else was found to be a match and needed it. This may be the best solution