Select a color inside the large square palette. Click OK when you are satisfied with your color choice. You should make sure that your text banner only used web-safe colors. For a list of those colors, see the Browser Safe Color Palette available on the Internet which includs a palette you can download to use with Adboe Photoshop. Now after selecting the type tool and repeating the steps on the in section 2, the color of the text will be the one you just chose in the Color Picker window.
Shadows provide a three-dimensional quality to text banners.
In order to add a shadow to a text banner, first type the text banner in black and then type it again in the color of your choice. For example, Hold the Control key down and drag the colored words on top of the dark words. Stagger the top layer up and to the left to create the shadow effect. This concludes this tutorial on using the text feature in Photoshop.