Distingushed Service Cross citation:

The President of the United States takes pleasure in presenting the Distinguished Service Cross to Ivan B. Waterbury, Sergeant, U.S. Army, for extraordinary heroism in connection with military operations against an armed enemy while serving with the 175th Infantry Regiment, 29th Infantry Division, in action against enemy forces on 28 February 1945. Sergeant Waterbury's intrepid actions, personal bravery and zealous devotion to duty exemplify the highest traditions of the military forces of the United States and reflect great credit upon himself, the 29th Infantry Division, and the United States Army.

Headquarters, Ninth U.S. Army, General Orders No. 151 (1945)