The correct spelling of "Wilbanks" is phonetically represented as /ˈwɪlbæŋks/. The first syllable "Wil" is pronounced as "wɪl" with a short "i" sound. "Banks" is pronounced as "bæŋks" with a short "a" sound. The combination of the "l" and "b" sounds in the middle creates a distinct consonant cluster. The spelling of this name follows traditional English spelling conventions, with the use of the letter "k" at the end instead of the letter "c".