<Page> <Table> PRICING SUPPLEMENT NO. 1 DATED JUNE 28, 2002 REGISTRATION STATEMENT NO. 333-71850 (TO PROSPECTUS SUPPLEMENT DATED MAY 16, 2002 FILED PURSUANT TO RULE 424(b)(2) AND PROSPECTUS DATED APRIL 29, 2002) CREDIT SUISSE FIRST BOSTON (USA), INC. MEDIUM-TERM NOTES DUE NINE MONTHS OR MORE FROM DATE OF ISSUE THE MEDIUM-TERM NOTES, AS FURTHER DESCRIBED BELOW AND IN THE ACCOMPANYING PROSPECTUS SUPPLEMENT UNDER "DESCRIPTION OF NOTES", WILL BEAR INTEREST FROM THE DATE OF ISSUANCE UNTIL THE PRINCIPAL AMOUNT THEREOF IS PAID OR MADE AVAILABLE FOR PAYMENT AT THE RATE SET FORTH BELOW. Agent: Credit Suisse First Boston Corporation Principal Amount: 50MM Optional Conversion: N/A Price To Public: 100.00% Optional Repayment Date: Non Call/Life Underwriting Discount: N/A Percentage To Issuer: 100.00% Business Day Jurisdiction: New York Settlement Date June 28,2002 Initial Redemption Percentage: N/A (Original Issue Date): Specified Currency: US Dollar Initial Redemption Date: N/A Authorized Denomination: $1,000 and integral Annual Redemption N/A multiples thereof Percentage Reduction: Optional Extension of Maturity: Maturity Date: June 28, 2004 Form of Note: Book Entry Fixed Rate or Floating Rate Note: Floating Rate Note Initial Interest Rate: TBD Interest Rate Basis: Fed Funds Effective Maximum/Minimum N/A Initial Interest Reset Date: Daily Interest Rate: Interest Reset Date(s): Quarterly. Pays the 28th of each March, June, September and December. Spread to Index: +29 basis points Interest Payment Date: Quarterly. Pays the Specify if Note is indexed, N/A 28th each March, renewable, dual currency, June, September and amortizing, or OID, if applicable: December maturity. Subject to the modified following business convention. Interest Determination Date: Daily Previous Day Day Count: ACT/360 Fed Funds Effective H .15As shown on Telerate page 118 or successor pages. CUSIP: 22541FCW4 First Interest Payment Date: September 30th 2002 Settlement: DTC #355 ---------------------------------------------------------------------- CREDIT SUISSE FIRST BOSTON </Table>