Unfortunately, if you opt for delayed cord clamping you cannot donate cord blood to a donor bank. I asked my OB about this because I wanted to donate and his opinion was that why would 2-5 minutes matter when you have had blood flowing through the cord for 9+ months. So we are sticking with our plan to donate in the hope that it may help a sick child in the future.
My DH and I thought long and hard about whether to do delayed cord clamping or to store the cord blood. In the end we decided to do the delayed cord clamping because we tend to think the mother nature generally gets things right, and if she designed the placenta to keep pumping the blood and stem cells into the baby after it was born, then there is probably a good reason for it. I also couldn't help but wonder if some of the medical problems that stored stem cells can help are less likely to occur in someone that had all those extra stem cells in their body to begin with. I'm not trying to persuade anyone either way, but just wanted to express why we made the decision we did.