CUT butter and flour together until mixture resembles coarse meal; STIR in pecans.
PRESS mixture into a 13x9x2-inch baking pan.
BAKE at 350 F for 20 minutes; let COOL completely.
COMBINE cream cheese and powdered sugar; BEAT until fluffy; STIR in whipped topping.
SPREAD mixture over crust; SPRINKLE with coconut.
In a medium mixing bowl, COMBINE pudding mix and milk; BEAT 2 minutes at medium speed of electric mixer.
SPREAD pudding over coconut layer; TOP with sliced bananas.
SPREAD remaining whipped topping over bananas; SPRINKLE with remaining pecans.
STORE in refrigerator.
Per Serving (excluding unknown items): 292 Calories; 19g Fat (57.6% calories from fat); 4g Protein; 27g Carbohydrate; 2g Dietary Fiber; 37mg Cholesterol; 142mg Sodium. Exchanges: 1/2 Grain(Starch); 0 Lean Meat; 1/2 Fruit; 0 Non-Fat Milk; 3 1/2 Fat; 1/2 Other Carbohydrates.