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Both meanings are compatible, as St. Paul never used the word in reference to those of whose salvation he was not sure.

The scriptural usage only conflicts with the presumptious(sic) doctrine that confuses salvation with a decision for Christ made at some point in a lifetime. But then the entire edifice of Protestantism is an counterscriptural illusion.

Paul stated:
NAsbU Romans 10:13 for "WHOEVER WILL CALL ON THE NAME OF THE LORD WILL BE SAVED."(Joel 2:32)
NAsbU Joel 2:32 "And it will come about that whoever calls on the name of the LORD Will be delivered;
For on Mount Zion and in Jerusalem There will be those who escape,
As the LORD has said, Even among the survivors whom the LORD calls.
NAsbU 1 Corinthians 1:2 To the church of God which is at Corinth, to those who have been
sanctified in Christ Jesus, saints by calling, with all who in every place call on the
name of our Lord Jesus Christ, their Lord and ours:

shalom b'SHEM Yah'shua HaMashiach

This is not a theology thread. If you are interested to debate that, see SALVATION PAST, PRESENT, AND FUTURE, which explains the scriptural soteriology.

For practical purposes, the normative usage of referring to canonized saints when speaking of Christian names holds, no matter what theological fantasies to the contrary you might have.