Access does not automagically encrypt distinct fields. If you want to do something like this, you must find the cypher code yourself and build an encrypter subroutine or function. Then you have to decide what you store. Most systems like this do not store the clear-text password, they just store the encrypted password.
Now, I'm not saying this is the perfect answer, BUT...
If you could get your hands on documentation for Winsock programming or TCPIP protocol internals for Windows (not easy to find), you might find some references to TCPIP-support subroutines that perform either MD4 or MD5 encryption for you. So you could define a call to the subroutines with the appropriate EXTERNAL reference to the DLL file holding the encrypter. Give the routines the input strings you want encrypted and the key, salt, and algorithm codes, and give them a place to return the result.
When you reset a password, encrypt it and store the result. When you get a login attempt, encrypt that password and compare it to the (stored) encrypted password in your table. The resultant strings would be equal or not equal. That would do it for you, I think.