Cryopreservation of viable cells is one of biotechnology’s fundamental building blocks. From research through development to commercialization of biopharmaceuticals, the ability to bank cells for future use is a critical step to validate a given process. Although guidelines for the creation and testing of both master cell banks (MCB) and manufacturers working cell banks (MWCB) are numerous, a trend of laying down cell banks in conditions as close to the manufacturing process as feasible is being formed. Also, the ability to cryopreserve cells from the production phase of the manufacturing process is becoming an increasingly important tool in validating continuous culture systems, especially for attachment dependent cell types. With this frame of reference, we have demonstrated the cryopreservation of cell-laden collagen microspheres with both attachment dependent and suspension cell types. Discussed are procedures, cell types, acceptance criteria, analyses, and planned future work including applications in large scale cell banking.