Magee-Womens Hospital has opened a umbilical cord blood bank for either public clinical use or research. This a great boon for raising awareness of a rich, ethically acceptable source of stem cells. Kudos to Magee and Carol Berger for spearheading this, and if you know people expecting to have a baby at Magee, encourage them to make use of this.
National Geographic has a nice little article on umbilical cord blood stem cells here.