In a medium bowl, mix graham cracker crumbs and melted butter. Firmly press into the underside of a 9×13 inch glass or porcelain dish and chill within the freezer for about 10 minutes.
In one other medium bowl, cream collectively the cream cheese, 1/4 cups butter, and powdered sugar till creamy, about 5 minutes.
Unfold the cream cheese combination over the cooled graham cracker crust.
Add a layer of sliced bananas over the cream cheese combination.
Unfold pineapple chunks evenly over the bananas.
Evenly unfold the Cool-Whip over the pineapple-banana layer utilizing a rubber spatula.
Garnish with chopped nuts and maraschino cherries.
Drizzle sizzling fudge sauce over the dessert and sprinkle the rainbow sprinkles over the floor.
Chill for no less than 4 hours earlier than reducing to permit the layers to set.
Take pleasure in!