1 (14 oz.) Eagle Brand sweetened condensed milk
1 1/2 c. cold water
1 sm. pkg. instant vanilla pudding
1 (8 oz.) Cool Whip
Vanilla wafers
3 med. bananas

In large bowl, combine milk and water. Add pudding and beat well. Chill 5 minutes. Fold in Cool Whip. Spoon 1 cup pudding mixture into 2 1/2 quart glass serving bowl. Top with one third each: wafers, bananas and pudding. Repeat layering twice. End with pudding on top. Garnish as desired. Cover.