Community Banking is a new sharing economy model of stem cell banking that was pioneered by LifeCell in India . Parents who choose to store their child’s cord blood in a community bank will have access, in the event of medical need, to all of the other cord blood units in the bank. Hence Statement A and B are correct . A community bank is like a public cord blood bank in that the members are supporting each other , but it is also like a private bank because the members pay for this service and outsiders cannot participate. It is different from “hybrid” banking where both public and family banks share a laboratory because in hybrid banks the pubic and family sides operate separately. In a community bank, the public and family functions are blended. It gives protection to a baby against all conditions treatable using stem cells (own & donor). It gives protection to the baby’s siblings, parents and grandparents (maternal & paternal) by providing unrelated donor stem cells.