The Federal Reserve on Thursday issued enforcement actions against two bank holding companies.

United Security Bancshares, which has a subsidiary, United Security Bank, in Fresno, Calif., agreed to submit a plan to strengthen its credit risk management practices, the Fed said.

The agreement says the plan must include accurate identification of credit risks within the loan portfolio. It also must consider strategies to minimize credit losses and reduce problem assets.

Separately, Royal Bancshares of Pennsylvania Inc. agreed not to pay dividends without Fed approval. It owns Royal Bank America in Narberth.

The parent also agreed not to take on debt or buy shares of its stock without Fed approval.

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