When Using a Template to create a new Board, changes to the Status Column Settings made via the Customize Status column option are not preserved (i.e. if the Template’s Status column options are changed from Working on it/Stuck/Done/etc. and/or have their colors changed, these changes are not copied to Boards that use the Template).
The workaround is to instead have a Board that serves as a template and to duplicate it, but this defeats the purpose of having a Template in this instance.