If you go into manage groups section of the UCP (ucp.php?&i=ucp_groups&mode=manage&action=edit&g=2) the group name remains black but in the template (ucp_groups_manage.html) the code is there to change the group name text to the group colour, however because word colour is spelt without the u, the code doesn't become active.

Original code:

<h2<!-- IF GROUP_COLOR --> style="color:#{GROUP_COLOR};"<!-- ENDIF -->>{L_USERGROUPS}<!-- IF GROUP_NAME --> :: {GROUP_NAME}<!-- ENDIF --></h2>

Should be:

<h2<!-- IF GROUP_COLOUR --> style="color:#{GROUP_COLOUR};"<!-- ENDIF -->>{L_USERGROUPS}<!-- IF GROUP_NAME --> :: {GROUP_NAME}<!-- ENDIF --></h2>