We present a way to engineer an effective anti-Jaynes-Cumming and a JaynesCumming interaction between an atomic system and a single cavity mode and show how to employ it in reservoir engineering processes. To construct the effective Hamiltonian, we analyse considered the interaction of an atomic system in a Λ configuration, driven by classical fields, with a single cavity mode. With this interaction, we firstly show how to generate a decoherence-free displaced squeezed state for the cavity field. In our scheme, an atomic beam works as a reservoir for the radiation field trapped inside the cavity, as employed recently by S. Pielawa et al. [Phys. Rev. Lett. 98, 240401 (2007)] to generate an Einstein-Podolsky-Rosen entangled radiation state in high-Q resonators. In our scheme, all the atoms have to be prepared in the ground state and, as in the cited article, neither atomic detection nor precise interaction times between the atoms and the cavity mode are required. From this same interaction, we can also generate an ideal squeezed reservoir for atomic systems.For this purpose we have to assume, besides the engineered atom-field interaction, a strong decay of the cavity field (i.e., the cavity decay must be much stronger than the effective atom-field coupling). With this scheme, some interesting effects in the dynamics of an atom in a squeezed reservoir could be tested.