- Was cast in a 1980 Sony radio commercial which won a CLIO award for best commercial of the year in its category.
- Character actor in US radio, films, and TV. Memorable as the star of radio's "The Great Gildersleeve" from 1950 to 1955 (replacing the actor Harold Peary, who had originated the radio role of Throckmorton P. Gildersleeve in 1941). As well, Waterman starred in the 1955 TV version.
- He was awarded a Star on the Hollywood Walk of Fame for Radio at 1601 Vine Street in Hollywood, California.
- Upon his death, his remains were interred at Skylawn Memorial Park in San Mateo, California. His location plot is Cypress Lot 506, Section A, Space 4.
- Willard Waterman appeared as Claude Upson in the 1958 film "Auntie Mame'; he later went on to play Dwight Babcock in the original Broadway cast of the musical "Mame".
- Became a member of Theta Chi Fraternity (Psi Chapter) at the University of Wisconsin-Madison. He left university in 1936.
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