Preheat oven to 350ºF. Spray bottom of 8”x8” baking pan and line with parchment.

Grind crushed crackers and oil in a food processor until finely ground. Press mixture evenly into bottom of prepared pan.

Layer coconut, cherries, walnuts and chocolate chips. Pour condensed milk evenly over the top.

Bake until edges are lightly brown, about 30 minutes. Remove from oven and let cool 15 minutes. Run a knife around edges of pan to loosen. Refrigerate until cold, about 2 hours. Cut into squares.