1 (14 oz.) can sweetened condensed milk
1 1/2 c. cold water
1 (4 serving size) pkg. instant vanilla flavor pudding & pie filling
2 c. Cool Whip
36 vanilla wafers
3 bananas, sliced

In large bowl combine sweetened condensed milk and water. Add pudding mix; beat well. Chill 5 minutes. Fold in Cool Whip. Spoon 1 cup pudding mixture into 2 1/2 quart glass serving bowl. Top with 1/3 each of the wafers, bananas and pudding. Repeat layering twice, ending with pudding. Chill thoroughly. Garnish as desired. Refrigerate leftovers.