U.S. Bank has given a $1 million gift to Portland Center Stage and will acquire the name the U.S. Bank Main Stage at the Gerding Theater at the Armory. U.S. Bank has a long relationship with PCS, sponsoring the first production, "Heartbreak House," in 1988. The theater company's first board chair when PCS became an independent company in 1994 was Kevin Kelly, then president of U.S. Bank.