Is it inaccurate to call Methodists members of the United Methodist Church (their official name) because of the schism over LBGTQ acceptance?

Officially, they are the United Methodist Church link

But since the UMC leaders voted to ban gay clergy and same-sex marriage and to increase the punishment for violations, there’s a pretty big split among members.

Will we see a real schism? If nothing else will they change their church name?