14 oz. can sweetened condensed milk
1 1/2 c. cold water
4 oz. pkg. instant vanilla pudding
8 oz. Cool Whip
1 box vanilla wafers
3-4 bananas, sliced

Combine milk with water. Add pudding and mix well. Refrigerate 5 minutes. Fold in Cool Whip. Spoon approximately 1 cup of pudding into 2 1/2 qt. bowl. Layer wafers, then bananas, then half of remaining pudding. Add another layer of wafers, remaining bananas and remaining pudding. Top with wafer crumbs. Refrigerate till set, approximately 4 hours. Do not make too far in advance as wafers get soggy and bananas turn brown.