In a large dish, place a single layer of vanilla wafers on the bottom.
Add a layer of sliced bananas and strawberries over the cookies.
In a mixing bowl, whisk together the instant pudding mix and cold milk until thickened.
Blend in the cream cheese and sweetened condensed milk until smooth.
Fold in the whipped topping to create a light, creamy filling.
Spread half of the pudding mixture over the fruit and cookies.
Repeat layers with more wafers, fruit, and the remaining pudding mixture.
Top with sliced fruit and crushed cookies for decoration.
Cover and refrigerate for at least 3 hours (overnight for best flavor).