Lu Watters & the Yerba Buena Jazz Band is the name of the Traditional Jazz revival band founded by Lu Watters. Notable members include singer and banjoist Clancy Hayes (from 1938 to 1940); clarinetist Bob Helm; trumpeter Bob Scobey; trombonist Turk Murphy; tubist/bassist Dick Lammi; and Watters himself. The band broke up in 1950.

In the late 1930s, Lu Watters was playing commercial dance gigs in the San Francisco area. Not satisfied with this music, he assembled a group of musicians to play traditional jazz music. His rehearsal spot was the Big Bear Lodge on Redwood Road in the Oakland hills. Rehearsing with him were trombonist Turk Murphy, trumpeter Bob Scobey, clarinetist Bob Helm, and pianist Wally Rose. His break came when the group landed a job playing at the Dawn Club on Annie Street in San Francisco. When San Francisco Chronicle columnist Herb Caen wrote a slightly disparaging piece about the band, supporters sent in many letters, creating publicity that boosted the band's popularity.