Select layer with color area to be changed, Select –> All, select this color area with the Fuzzy Select Tool, Select –> Invert.

Select layer with text and click text within color area, this should result in selection around text within color area. Make layer with color area invisible.

Click Select –> Selection Editor, set Opacity to 100, Threshold to 80 (normal font weight) or 120 (bold), Fill by to Alpha, and enable Antialiasing. Shrink the selection by 1px in Select –> Shrink.

Select Bucket Fill Tool, choose foreground color, and click on each letter within the color area.

Text along path

Pool League icons