To do this we would have to mass update the records:
  1. Log into eTapestry
  2. Navigate to Management > Mass Update
  3. Update existing accounts
  4. Choose your query category
  5. Choose your query
  6. Choose assign
  7. In account values choose the UDF
  8. Select the value to apply to everyone
  9. Click Next to preview information
  10. Click Next and Ok to run Mass Update