Shortest answer on Trulia, right here....DO NOT PROVIDE THEM WITH IT!

I agree with Joe "I cannot imagine a reasonable basis to ask for this information"

I advise clients that are concerned about privacy and security to cross out account numbers on bank and brokerage statements submitted to coops and condos. Leave only the last four digits. Boards can verify your assets during the purchasing process without having access to your account numbers.

The bank statements are in the original approval package on file.

You will not find this authorization in any bylaws--- the bylaws are generally worded & give general powers to the Board to manage and maintain the condominium. There had to be a board meeting and a resolution passed. Go to the managing agent and ask to see the minutes of recent Board of Directors meetings-- all shareholders have a right to see these.
I cannot imagine a reasonable basis to ask for this information -- the condo will be unable to guarantee security of this information I would not disclose it. I am a lawyer and have never heard of owners having to reveal bank account numbers.

Condo,
This does sound strange as it's after the fact...but then we do live in New York and there are increased security concerns here.. You may heve to give them you social but I don't think you have to give them your bank info..Definitely check you initial agreement and I would consider contacting a real estate or civil rights lawyer.. Let me know if you would like a list of 3 real estate lawyers... Also consider contacting :
http://privacy.org or http://aclu.org/
Let us know what happens!

Hi CondoOwner:

I assume you do mean a condo and not a co-op? Because co-op boards will review every aspect of your life, and then some, and still refuse you if you don't pass the test.

Condo boards can request this information, but it's typically done BEFORE you purchase (as is the same with a co-op), and they certainly are not allowed the same control as co-ops. I find it odd that they would be asking for this information now. Did the association recently change management?

As Perry said, your bylaws should state whether or not this information is required. If not, and you are wary about providing such information, ask them why they want it. Many condo boards today are getting stricter with their requirements for security purposes. I highly doubt they can force you to provide this information if you don't wish to give it to them, especially since this was not a 'review' tactic prior to your purchasing the unit.

Is there a bylaw that says you have to provide this information? Otherwise, they typically want it so they can pursue people who don't pay HOA with an foreclosure.