1 can sweetened condensed milk
1 1/2 c. water
1 small box instant vanilla pudding
1 small container extra creamy Cool Whip
1 box vanilla wafers
6 large bananas

Mix milk, water and pudding powder with a mixer. Chill pudding 5 minutes. Fold in Cool Whip. In a large bowl, layer vanilla wafers, sliced bananas and pudding; repeat. End with wafers. Chill for at least 1 hour.